Kansas City Star | Hoops star from Atlanta upgraded to fair condition Atlanta Journal Constitution Atlanta's Drey Mingo, Purdue's second-leading scorer, has been upgraded to fair condition as she continues to battle bacterial meningitis ... Purdue women's player with meningitis upgraded Purdue Forward Drey Mingo's Status Upgraded To Fair |
Saturday, November 27, 2010
Hoops star from Atlanta upgraded to fair condition - Atlanta Journal Constitution
http://alpenglow.org/about/gallery.html
Wednesday, November 24, 2010
Tuesday, November 23, 2010
Small businesses seek relief from product safety law - bizjournals:
http://www.netook.org/MountainRegions.html
Congress passed the Consumer Productw Safety Improvement Act in August 2008 in responswe to the discovery of high lead content in toys importedfrom China. But U.S. businesse contend the law has made it impossibled for them to sell product s that pose no health threat to Manufacturers complainthe law’s requirements to test and certify children’ws products for lead and phthalates — and attach permanent tracking labels — are unreasonable and too costly for many small Supporters of the legislation contend that the has done a poor job of providingg guidance to businesses on how to comply with the legislation.
They also maintaij the commission has the authorityg to exclude certain classes of products fromthe law’a requirements if they don’t pose a health risk. But Nancyg Nord, acting chairwoman of the Consumer ProductSafetyu Commission, testified at a May 14 House hearinhg that the agency is “hamstruny by the law’s sweeping reach and inflexibility.” The commission has “not yet been able to identifg any products that would meet the law’s requirementsz for exclusions,” she said. On Jan. 30, the commissioh did issue a one-year stay of enforcement for the law’s testing and certification requirements.
“It was very clear peopld were not ready to meetthe requirements,” Nord said. But this stay of enforcementr did not relieve manufacturerds or retailers of the underlyinfg legal liability for selling products that did not meetthe law’as lower lead and phthalat e levels, which went into effect Feb. 10. “Accordinf to the retailing community, the stay changes said David McCubbin, a partner in McCubbin Hosiery, an Oklahomsa City manufacturer. “Retailers continue to ask us to Even though there is no evidence thathis company’a hosiery contains lead, his companyy will be forced to pay more than $500,000 on lead testingt during the next McCubbin said.
Hosiery isn’t likelyg to be ingested or inhaled, so lead wouldn’t pose a health hazard even if it were he added. Textiles should be exempted from the lead testing he said. For Swimways Corp., a Virginiwa Beach, Va.-based manufacturer of water products, the problek isn’t lead, it’s phthalates — compound s often used to soften vinyl. The law bannec the sale of children’s products that contained even if the parts containing phthalates arenot accessible. Becausr the law made the new phthalatesastandard retroactive, Swimways was stuck with inventory it couldn’t Retailers returned or destroyed Swimwayss merchandise and charged Swimwaya for the expense.
The law cost the 70-employee company more than $1 said Anthony Vittone, vice president and general counsel. The law coulfd cost creators of handmade itemstheirf businesses, two home-based crafters Laurel Schreiber, owner of Lucy’s Pocket in Allisonh Park, Pa., makes monogrammed gifts for children, such as and an appliqued bib and bloomer set.
Congress passed the Consumer Productw Safety Improvement Act in August 2008 in responswe to the discovery of high lead content in toys importedfrom China. But U.S. businesse contend the law has made it impossibled for them to sell product s that pose no health threat to Manufacturers complainthe law’s requirements to test and certify children’ws products for lead and phthalates — and attach permanent tracking labels — are unreasonable and too costly for many small Supporters of the legislation contend that the has done a poor job of providingg guidance to businesses on how to comply with the legislation.
They also maintaij the commission has the authorityg to exclude certain classes of products fromthe law’a requirements if they don’t pose a health risk. But Nancyg Nord, acting chairwoman of the Consumer ProductSafetyu Commission, testified at a May 14 House hearinhg that the agency is “hamstruny by the law’s sweeping reach and inflexibility.” The commission has “not yet been able to identifg any products that would meet the law’s requirementsz for exclusions,” she said. On Jan. 30, the commissioh did issue a one-year stay of enforcement for the law’s testing and certification requirements.
“It was very clear peopld were not ready to meetthe requirements,” Nord said. But this stay of enforcementr did not relieve manufacturerds or retailers of the underlyinfg legal liability for selling products that did not meetthe law’as lower lead and phthalat e levels, which went into effect Feb. 10. “Accordinf to the retailing community, the stay changes said David McCubbin, a partner in McCubbin Hosiery, an Oklahomsa City manufacturer. “Retailers continue to ask us to Even though there is no evidence thathis company’a hosiery contains lead, his companyy will be forced to pay more than $500,000 on lead testingt during the next McCubbin said.
Hosiery isn’t likelyg to be ingested or inhaled, so lead wouldn’t pose a health hazard even if it were he added. Textiles should be exempted from the lead testing he said. For Swimways Corp., a Virginiwa Beach, Va.-based manufacturer of water products, the problek isn’t lead, it’s phthalates — compound s often used to soften vinyl. The law bannec the sale of children’s products that contained even if the parts containing phthalates arenot accessible. Becausr the law made the new phthalatesastandard retroactive, Swimways was stuck with inventory it couldn’t Retailers returned or destroyed Swimwayss merchandise and charged Swimwaya for the expense.
The law cost the 70-employee company more than $1 said Anthony Vittone, vice president and general counsel. The law coulfd cost creators of handmade itemstheirf businesses, two home-based crafters Laurel Schreiber, owner of Lucy’s Pocket in Allisonh Park, Pa., makes monogrammed gifts for children, such as and an appliqued bib and bloomer set.
Sunday, November 21, 2010
Report: Carlyle, Blackstone, TPG eye First Republic Bank - Los Angeles Business from bizjournals:
http://journeytomorocco.com/2007/09/09/doing-the-tourist-thing/
Bank of America acquired First Republic, whicjh specializes in privatebanking services, along with the rest of Merrill Lynch & Co. at the beginning of 2009. analystr David Hendler estimates that First Republic may cost as muchas $700 millionb in a sale, according to Bloomberg. Merrill paid $1.8 billion for Firsy Republic inSeptember 2007. The bank had assets of $15. 3 billion at the end of that Bankof America, which has receivedx $45 billion in government bailoutr funds, is raising capital in a varietgy of ways. It has said . A potential purchase of Firsft Republic wouldbe Carlyle's second banking invesment in the last month. On May 22, D.C.
-based Carlyle Group, along with Blackstone Group, and WL Ross & Co., investedc $900 million in a new depository institutiojn acquiring the operations ofCoral Gables, Fla.-based which was seized by government regulators the previouw day.
Bank of America acquired First Republic, whicjh specializes in privatebanking services, along with the rest of Merrill Lynch & Co. at the beginning of 2009. analystr David Hendler estimates that First Republic may cost as muchas $700 millionb in a sale, according to Bloomberg. Merrill paid $1.8 billion for Firsy Republic inSeptember 2007. The bank had assets of $15. 3 billion at the end of that Bankof America, which has receivedx $45 billion in government bailoutr funds, is raising capital in a varietgy of ways. It has said . A potential purchase of Firsft Republic wouldbe Carlyle's second banking invesment in the last month. On May 22, D.C.
-based Carlyle Group, along with Blackstone Group, and WL Ross & Co., investedc $900 million in a new depository institutiojn acquiring the operations ofCoral Gables, Fla.-based which was seized by government regulators the previouw day.
Saturday, November 20, 2010
GM Stock Price Watched Carefully After IPO - Seattle Post Intelligencer (blog)
http://best-recipes-blog.com/2008/11/chocolate-and-desserts-in-japan.html
Seattle Post Intelligencer (blog) | GM Stock Price Watched Carefully After IPO Seattle Post Intelligencer (blog) For the past few years, General Motors didn't appear in the news without the words "unemployment" or "bankruptcy." But it's a new season for the automobile ... |
Thursday, November 18, 2010
Contingency fund a desirable outcome - Lenihan - RTE.ie
http://www.cocuklahayat.com/2009/08/yelken-hotel-spa-turgutreis-bodrum/
CTV.ca | Contingency fund a desirable outcome - Lenihan RTE.ie The Minister for Finance said that if a substantial contingency fund arose from talks with the IMF and the EU it would be a 'very desirable outcome'. ... Brian Lenihan admits EU/IMF funds a 'very desirable outcome' Lenihan admits contingency fund would be 'very desirable' Lenihan: EU/IMF contingency fund would be 'very desirable' |
Tuesday, November 16, 2010
Talbots to sell J. Jill assets; stores to close - The Business Journal of the Greater Triad Area:
http://worldcrafters.com/oninvestigations.html
The move is expectedr to result in the closure of abouf 75of J. Jill’s existing J.Jill has 10 stores in North including one at The Shoppes at Friendlyin Greensboro. No word yet on whethe r that store will be affected fromthis transaction. Mass.-based Talbots (NYSE: TLB) said the agreement with San Francisco-based Golden Gate Capital is subjecto post-closing adjustments. “This is a significant strategid step forward for Talbots as it enables us to focusour time, resources and attention exclusivelty on rejuvenating our core Talbots branf and return to profitabled growth,” said Trudy F.
Sullivan, Talbots presiden t and CEO, in a prepared written “Paula Bennett and her team have made tremendous progresds in improvingthe J. Jill branr merchandise and its creative presentation acrosxs all channelsof business. We are confident that Goldebn Gate Capital will be an excellentt partner tohelp J. Jill achieve its true long-term potential.” Abouft 204 of the existing 279 J. Jill branrd store leases will be assigned to the buyetr and will continue to About 75remaining J. Jill brand store leasexs will be retained by Talbots and are expected to be closesd by Talbots within the next60 days.
The move is expectedr to result in the closure of abouf 75of J. Jill’s existing J.Jill has 10 stores in North including one at The Shoppes at Friendlyin Greensboro. No word yet on whethe r that store will be affected fromthis transaction. Mass.-based Talbots (NYSE: TLB) said the agreement with San Francisco-based Golden Gate Capital is subjecto post-closing adjustments. “This is a significant strategid step forward for Talbots as it enables us to focusour time, resources and attention exclusivelty on rejuvenating our core Talbots branf and return to profitabled growth,” said Trudy F.
Sullivan, Talbots presiden t and CEO, in a prepared written “Paula Bennett and her team have made tremendous progresds in improvingthe J. Jill branr merchandise and its creative presentation acrosxs all channelsof business. We are confident that Goldebn Gate Capital will be an excellentt partner tohelp J. Jill achieve its true long-term potential.” Abouft 204 of the existing 279 J. Jill branrd store leases will be assigned to the buyetr and will continue to About 75remaining J. Jill brand store leasexs will be retained by Talbots and are expected to be closesd by Talbots within the next60 days.
Monday, November 15, 2010
Grains Futures, Livestock Prices Mostly Rise - ABC News
http://www.tx-mc-alphaphi.org/index.html?subaction=showfull&id=1266014670&archive=&start_from=&ucat=&
Grains Futures, Livestock Prices Mostly Rise ABC News December live cattle gained 0.77 cent to 99.17 cents a pound; January feeder cattle added 0.60 cent to $1.15 a pound; December lean hogs rose 0.13 cent to ... |
Sunday, November 14, 2010
Syracuse defense has "wild" time with Rutgers' wildcat formation - Syracuse.com (blog)
http://www.directgenomics.com/article/On-the-Cheap--Best-Buy-to-Sell-249-Laptop-.html
Kansas City Star | Syracuse defense has "wild" time with Rutgers' wildcat formation Syracuse.com (blog) But 34 snaps, almost half of the team's total of 73 plays, went to Rutgers receivers Jeremy Deering and Mohamed Sanu in the team's “Wild Knight†formation. ... Quick hits from Rutgers' 13-10 loss to Syracuse Rutgers' Jeremy Deering taking on bigger Wildcat role Rutgers Honors Injured DT Eric LeGrand, But Loses Game to Syracuse |
Friday, November 12, 2010
Small-biz owners look for perfect match - Business First of Buffalo:
http://datingcourting.com/en/relationships/news_2008-06-29-06-47-12-204.html
and Samantha Palmerton and Cathy Carsohn were walking into amatchmakinbg session. They weren’t sure what to expect. This was, after all, their first time here. The meetings that were to takeplacd weren’t social; they were all This was the kickoff to the 2009 Smal Business Matchmaker Awards Luncheon held May 6 at the Buffalo Niagara Convention Center. More than 300 businessesz registered to meet with 46 prime contractorss thatincluded Palmerton’s and Carson’s company, Buffalo Filter, a manufacturefr of high-tech filtration systems.
Palmerton, strategic planningg director, and Carson, purchasing had a goal: catch up with curren vendors and learn about others who might eventuallgyhelp out. By the time they arrived, theirt dance cards were already Two signup sheets packed with prospectivw partners filled upevery 10-minute interval from 8:00 a.m. untio noon, germane discussions in speed dating-type Say hello. Tell your story. Look for Then it’s the firm handshake and “Goodbye,” becausre someone, somewhere else, is waiting for you.
And another entrepreneu r is waiting to takeyour “We look to see if (the are good fits,” said Palmerton who, after talkin with Amity Lippes of abougt Buffalo Filter’s interest in hosting a bloo drive, looked at the signuop sheet. Among the namee she recognized wereexisting vendors: Amherst-based , whic h specializes in circuit board assemblies, and , an electronicds contract manufacturer.
“Some of the companies here arethose we’re already doing businese with,” said Jeff Kryszak of “There are others we’d like to do more “If it wasn’t for this event, many smalkl businesses wouldn’t have the ability to talk to buyersa from government agencies or Fortune 500 said Franklin Sciortino, Buffalo District director for the . “Some people have been trying to make inroadsd withcertain companies, and now can meet them face to It’s like opening 46 For HR firm, expo helped drive businessz Learning how many SBA loans directly result from the expo can be According to Sciortino and an SBA spokeswoman, pinpointingb the dollar amount and number of loans generated by the expo is tough to do, unleses every attendee were to completes and return feedback forms.
The in its fourth year, was sponsoreds by Business First, SCORE and U.S. Smalkl Business Administration. One small-business owner who had success atlast year’e expo was Ellen Fechter, who runs Lancaster-basef At the 2008 matchmaker, she landex a five-year contract for staffing and recruitment servicesa for Fort Drum military base. The businesw she gets from it, she was responsible for about one-quarte r of her 2008 revenues. A year later, she’se in constant contact with officials regardingtheir needs. Of her matchmakingg meeting with Fort Drum last she said, “They were open and candisd about the process of goinhg ahead and bidding.
” Like Palmerton, anotheer first-timer at the event is Don Papaj, who runs For his small marketing-services company that does a lot of direct-mail he was looking to meet with Bank to see if theree was a chance he coulds help it. His first meeting of the day waswith HSBC’s manager of retail business services, Kellyy Bettinger. After the two exchanged pleasantriex – and learned they are practicalltyneighbors (both live on Grand Island) – Bettingerf explains much of the bank’s printing is done in Calif.
She suggested Papaj visit the HSBC Web site and make some cold callse to a few purchasing Papaj said he plans to follow up withHSBC and, of the added, “It was terrific.” From his cell phone on the way to a noon meetingv in Olean, he said like Palmerton and Kryszak, some people were thos with whom he already is doing business. They gave him names of thosr in different departments and offeree tointroduce him. “You couldn’t ask for he said.
and Samantha Palmerton and Cathy Carsohn were walking into amatchmakinbg session. They weren’t sure what to expect. This was, after all, their first time here. The meetings that were to takeplacd weren’t social; they were all This was the kickoff to the 2009 Smal Business Matchmaker Awards Luncheon held May 6 at the Buffalo Niagara Convention Center. More than 300 businessesz registered to meet with 46 prime contractorss thatincluded Palmerton’s and Carson’s company, Buffalo Filter, a manufacturefr of high-tech filtration systems.
Palmerton, strategic planningg director, and Carson, purchasing had a goal: catch up with curren vendors and learn about others who might eventuallgyhelp out. By the time they arrived, theirt dance cards were already Two signup sheets packed with prospectivw partners filled upevery 10-minute interval from 8:00 a.m. untio noon, germane discussions in speed dating-type Say hello. Tell your story. Look for Then it’s the firm handshake and “Goodbye,” becausre someone, somewhere else, is waiting for you.
And another entrepreneu r is waiting to takeyour “We look to see if (the are good fits,” said Palmerton who, after talkin with Amity Lippes of abougt Buffalo Filter’s interest in hosting a bloo drive, looked at the signuop sheet. Among the namee she recognized wereexisting vendors: Amherst-based , whic h specializes in circuit board assemblies, and , an electronicds contract manufacturer.
“Some of the companies here arethose we’re already doing businese with,” said Jeff Kryszak of “There are others we’d like to do more “If it wasn’t for this event, many smalkl businesses wouldn’t have the ability to talk to buyersa from government agencies or Fortune 500 said Franklin Sciortino, Buffalo District director for the . “Some people have been trying to make inroadsd withcertain companies, and now can meet them face to It’s like opening 46 For HR firm, expo helped drive businessz Learning how many SBA loans directly result from the expo can be According to Sciortino and an SBA spokeswoman, pinpointingb the dollar amount and number of loans generated by the expo is tough to do, unleses every attendee were to completes and return feedback forms.
The in its fourth year, was sponsoreds by Business First, SCORE and U.S. Smalkl Business Administration. One small-business owner who had success atlast year’e expo was Ellen Fechter, who runs Lancaster-basef At the 2008 matchmaker, she landex a five-year contract for staffing and recruitment servicesa for Fort Drum military base. The businesw she gets from it, she was responsible for about one-quarte r of her 2008 revenues. A year later, she’se in constant contact with officials regardingtheir needs. Of her matchmakingg meeting with Fort Drum last she said, “They were open and candisd about the process of goinhg ahead and bidding.
” Like Palmerton, anotheer first-timer at the event is Don Papaj, who runs For his small marketing-services company that does a lot of direct-mail he was looking to meet with Bank to see if theree was a chance he coulds help it. His first meeting of the day waswith HSBC’s manager of retail business services, Kellyy Bettinger. After the two exchanged pleasantriex – and learned they are practicalltyneighbors (both live on Grand Island) – Bettingerf explains much of the bank’s printing is done in Calif.
She suggested Papaj visit the HSBC Web site and make some cold callse to a few purchasing Papaj said he plans to follow up withHSBC and, of the added, “It was terrific.” From his cell phone on the way to a noon meetingv in Olean, he said like Palmerton and Kryszak, some people were thos with whom he already is doing business. They gave him names of thosr in different departments and offeree tointroduce him. “You couldn’t ask for he said.
Thursday, November 11, 2010
Bank Holdings under cease and desist order - San Francisco Business Times:
http://drycreekpeach.com/terra_madre_2.html
parent company of Reno-based , announced it is operatint under a cease and desist order to improve its capital positiob and cut its real estate The bank operates as Silverado Bankin Roseville. “Nevada Securitu Bank faces unprecedented challenges with the increasinyg levelof non-performing the steep declines in the underlyinh value of real estate collateral and the greatert loan loss provisions required,” said Hal founder and chairman of The Bank He is also chief executive.
“Our priorities and objectives are well-definedf as we purposely move forward toaddresds issues, make prudent and work diligently for the desired results,” Giomi The bank’s executives entere d the agreement with Nevada banking authoritiees and the regulators at the end of June, and the bank’z management had already started working to improve the bank’zs capital levels by cutting costs, reducinhg the size of the balance sheetr and seeking more capital. The bank internally stoppedr making new construction and land development loanasin third-quarter 2007.
The regulatorhy order demands the bank’s managementg increase the company’s capital, reduce the concentration of commercia l real estate loans and change internalmonitoringh procedures. Nevada Security Bank has a concentration of constructioj and development loansin Reno, which was a boomin g real estate market through much of this decade, but flounderecd starting in 2007. Additionally, Bank Holdinges was hammered in the fall by thefederao government’s action to put Fannie Mae and Freddie Mac into conservatorship, which cost the compan y a $15 million loss of capitao that had been invested in the stock of the two government-sponsorex secondary mortgage investment companies.
Bank Holdings started in 2001 with initia l capitalof $14 million. It currentlu has $45 million in capital, with four branches in Northernj Nevada and onein
parent company of Reno-based , announced it is operatint under a cease and desist order to improve its capital positiob and cut its real estate The bank operates as Silverado Bankin Roseville. “Nevada Securitu Bank faces unprecedented challenges with the increasinyg levelof non-performing the steep declines in the underlyinh value of real estate collateral and the greatert loan loss provisions required,” said Hal founder and chairman of The Bank He is also chief executive.
“Our priorities and objectives are well-definedf as we purposely move forward toaddresds issues, make prudent and work diligently for the desired results,” Giomi The bank’s executives entere d the agreement with Nevada banking authoritiees and the regulators at the end of June, and the bank’z management had already started working to improve the bank’zs capital levels by cutting costs, reducinhg the size of the balance sheetr and seeking more capital. The bank internally stoppedr making new construction and land development loanasin third-quarter 2007.
The regulatorhy order demands the bank’s managementg increase the company’s capital, reduce the concentration of commercia l real estate loans and change internalmonitoringh procedures. Nevada Security Bank has a concentration of constructioj and development loansin Reno, which was a boomin g real estate market through much of this decade, but flounderecd starting in 2007. Additionally, Bank Holdinges was hammered in the fall by thefederao government’s action to put Fannie Mae and Freddie Mac into conservatorship, which cost the compan y a $15 million loss of capitao that had been invested in the stock of the two government-sponsorex secondary mortgage investment companies.
Bank Holdings started in 2001 with initia l capitalof $14 million. It currentlu has $45 million in capital, with four branches in Northernj Nevada and onein
Tuesday, November 9, 2010
Va. Politics: Fimian concedes defeat to Connolly - Washington Post
batyushkinuxit.blogspot.com
Washington Post | Va. Politics: Fimian concedes defeat to Connolly Washington Post Republican Keith Fimian has released a statement conceding defeat in the 11th Congressional District race against Rep. Gerald Connolly (D). ... Fimian concedes defeat to Connolly in Va. House race Fimian concedes race to Connolly Virgina election: Fimian will concede |
Monday, November 8, 2010
Marquette professor wins Haggerty Award - The Business Journal of Milwaukee:
http://seikkailupuisto.com/Adobe%20Illustrator%209.0/pr2/pr2.html
Downs, of Menomonee Falls, researches the process of normakl egg maturationin mammals, specifically the metabolic pathwayzs that help regulate development of oocytes — unfertilized egg cells. Understandingf how these metabolic pathways regulate normap maturation is important because abnormalitiesx in the process can lead to abnormalp developmentof eggs, manifestexd in chromosomal irregularities such as Down syndrome. Whilde Downs said he focuses mainlt on the most scientific level of understandingegg maturation, he is inspirex by the applications of his research.
In addition to better understandiny causes ofDown syndrome, his research applications include optimizing fertility treatments and diabetes treatmentf and prevention. His research also has been appliedf to maximizing fertility efficiency in domestic livestock by perfecting invitro “There’s nothing like coming into the lab and findintg out that the data you’ve collected matches what you hypothesizedx would happen,” he said in a statement. “It’ds that excitement of discoveryy that keeps me coming back for Most recently, Downs’ work has focused on the effectds of a stress-response proteijn on regulating oocyte maturation in mice.
Results of thesse studies could show a connectiombetween physical, chemical and metabolic stress and abnormalitied in development. Downs was selected for the awardby Marquette’as Committee on Research and received
Downs, of Menomonee Falls, researches the process of normakl egg maturationin mammals, specifically the metabolic pathwayzs that help regulate development of oocytes — unfertilized egg cells. Understandingf how these metabolic pathways regulate normap maturation is important because abnormalitiesx in the process can lead to abnormalp developmentof eggs, manifestexd in chromosomal irregularities such as Down syndrome. Whilde Downs said he focuses mainlt on the most scientific level of understandingegg maturation, he is inspirex by the applications of his research.
In addition to better understandiny causes ofDown syndrome, his research applications include optimizing fertility treatments and diabetes treatmentf and prevention. His research also has been appliedf to maximizing fertility efficiency in domestic livestock by perfecting invitro “There’s nothing like coming into the lab and findintg out that the data you’ve collected matches what you hypothesizedx would happen,” he said in a statement. “It’ds that excitement of discoveryy that keeps me coming back for Most recently, Downs’ work has focused on the effectds of a stress-response proteijn on regulating oocyte maturation in mice.
Results of thesse studies could show a connectiombetween physical, chemical and metabolic stress and abnormalitied in development. Downs was selected for the awardby Marquette’as Committee on Research and received
Saturday, November 6, 2010
Modernista braces as Hummer deal advances - Boston Business Journal:
http://www.exgayman.org/gaygiraffe-com.htm
Boston-based Modernista’s largest client is General Motorzs Corp. (NYSE: GM) in Detroit. The agenchy works on creative advertising for both Cadilla cand Hummer. The combined business was at one point worthabout $850 million annually in billings, according to Billings for Cadillac and combined, now are likely less, as GM has said it will cut back its totakl ad spend and announced monthsw ago that it planned on unloading its Hummer Modernista’s spokesperson had no comment on the news. Otherr local ad agencies that will likelyh feel the affectsof GM’s bankruptcuy filing include Digitas and Mullen, both in Digitas handles a variety of GM work includinvg Pontiac and Saturn.
GM is looking to sell both Mullen handles workfor GM’s used car and credif card business. GM’s plannes cuts in advertising spending is expected to impac t all of its marketing andad firms. In GM spent about $2.1 billionh on advertising, according to press reports.
Boston-based Modernista’s largest client is General Motorzs Corp. (NYSE: GM) in Detroit. The agenchy works on creative advertising for both Cadilla cand Hummer. The combined business was at one point worthabout $850 million annually in billings, according to Billings for Cadillac and combined, now are likely less, as GM has said it will cut back its totakl ad spend and announced monthsw ago that it planned on unloading its Hummer Modernista’s spokesperson had no comment on the news. Otherr local ad agencies that will likelyh feel the affectsof GM’s bankruptcuy filing include Digitas and Mullen, both in Digitas handles a variety of GM work includinvg Pontiac and Saturn.
GM is looking to sell both Mullen handles workfor GM’s used car and credif card business. GM’s plannes cuts in advertising spending is expected to impac t all of its marketing andad firms. In GM spent about $2.1 billionh on advertising, according to press reports.
Friday, November 5, 2010
Vail Resorts profits off 29%, but they're ahead of Wall Street forecast - Dayton Business Journal:
http://professional-interior-design.com/1/012_read.html
For the three months ending April 30, which Broomfield-basedf Vail Resorts (NYSE: MTN) regardas as its third quarter, the mountain-resort and lodgingsa company posted earningsof $61.76 million, or $1.68 a share, down from $87.3 million, or $2.24 a in the same quarter a year Nevertheless, the company's profits beat Wall Street analysts' predictions. Analystsx on average had expected earningxsof $1.56 per share, Thomson Reuters reported. Vail Resorts reportedd Q3 revenueof $333.5 million, down 21 percen t from the year-ago quarter. Analysts had expected $339.76 million on average. It said operating expenses were down20 percent, to $198.1 million.
The companyg has saved considerably through pay cuts and other means. Vail Resorts operates the Breckenridge, Vail, Keystons and Beaver Creek ski areas in Colorado and Heavenly at Lake Tahos onthe California-Nevada It also operates , a chain of luxury The company said its earnings were helpeds by a 26 percent increase in 2008-0i season-pass revenue through increased sales and highe pass prices. But lift-ticket revenuwe was down 11 percent and skietr visits were off9 percent. retail and ski school revenue also Real estate revenue was down 82 the company said it sold only one cond o unit in the quarter versus 17 ayear ago.
The quarterlhy results "were impacted by the continued severe downturhn inthe economy, driving lower destination visitation in the quarter," CEO Rob Katz said in a statement. Vail Resortz said its outlook for the full fisca l year is for earningsof $41 milliomn to $51 million. "We are extremely pleasede with the significant increase in our advance spring periodr pass sales for ourupcoming 2009/2010 ski Katz said. .
For the three months ending April 30, which Broomfield-basedf Vail Resorts (NYSE: MTN) regardas as its third quarter, the mountain-resort and lodgingsa company posted earningsof $61.76 million, or $1.68 a share, down from $87.3 million, or $2.24 a in the same quarter a year Nevertheless, the company's profits beat Wall Street analysts' predictions. Analystsx on average had expected earningxsof $1.56 per share, Thomson Reuters reported. Vail Resorts reportedd Q3 revenueof $333.5 million, down 21 percen t from the year-ago quarter. Analysts had expected $339.76 million on average. It said operating expenses were down20 percent, to $198.1 million.
The companyg has saved considerably through pay cuts and other means. Vail Resorts operates the Breckenridge, Vail, Keystons and Beaver Creek ski areas in Colorado and Heavenly at Lake Tahos onthe California-Nevada It also operates , a chain of luxury The company said its earnings were helpeds by a 26 percent increase in 2008-0i season-pass revenue through increased sales and highe pass prices. But lift-ticket revenuwe was down 11 percent and skietr visits were off9 percent. retail and ski school revenue also Real estate revenue was down 82 the company said it sold only one cond o unit in the quarter versus 17 ayear ago.
The quarterlhy results "were impacted by the continued severe downturhn inthe economy, driving lower destination visitation in the quarter," CEO Rob Katz said in a statement. Vail Resortz said its outlook for the full fisca l year is for earningsof $41 milliomn to $51 million. "We are extremely pleasede with the significant increase in our advance spring periodr pass sales for ourupcoming 2009/2010 ski Katz said. .
Wednesday, November 3, 2010
'The Proposal' wins at weekend box office - Jacksonville Business Journal:
viningocouqyl1601.blogspot.com
The movie starring Sandra Bullock and Ryan Reynolds broughtr in anestimated $34,114,000 in its opening weekend. It knocked off the reigning ' "The Hangover," whicuh brought in an estimated $26,855,000 during the weekend. "Thre Proposal" was shown on abougt 4,100 screens at 3,0566 sites, according to a report on the Disney/ 's "Up" continued its strong showing, cominvg in third over the weekend with anestimated $21,336,000.
The animated film is currently in seconrd placebehind Paramount's "Star Trek," for second-largest movie of the Another new release, ' "Year One," brought in an estimated $20,200,000 in its firsty weekend, placing it fourth on the list. Anotheer Sony Pictures release, "The Taking of Pelha m 1 2 3" rounded out the top five, bringing in an estimatedc $11,300,000.
The movie starring Sandra Bullock and Ryan Reynolds broughtr in anestimated $34,114,000 in its opening weekend. It knocked off the reigning ' "The Hangover," whicuh brought in an estimated $26,855,000 during the weekend. "Thre Proposal" was shown on abougt 4,100 screens at 3,0566 sites, according to a report on the Disney/ 's "Up" continued its strong showing, cominvg in third over the weekend with anestimated $21,336,000.
The animated film is currently in seconrd placebehind Paramount's "Star Trek," for second-largest movie of the Another new release, ' "Year One," brought in an estimated $20,200,000 in its firsty weekend, placing it fourth on the list. Anotheer Sony Pictures release, "The Taking of Pelha m 1 2 3" rounded out the top five, bringing in an estimatedc $11,300,000.
Tuesday, November 2, 2010
Tri-Rail seeks rate increase - Memphis Business Journal:
kdrummondbs37.blogspot.com
The South Florida Regional TransportationAuthoritu (SFRTA), the agency that runs voted Friday to hold a public hearinyg on a 25 percent across-the-boar fare increase. The agency has resisted raising but with a potentialk cut to government funding onthe horizon, the increasre is needed, SFRTA Executive Director Joe Giuliettii said. “All three counties have cut services and increased he said. “We haven’t.” Tri-Railp consultants told the board that there wouldx be an estimated 6 percent ridership decrease if the 25 perceny fare hiketook effect. For riders with a monthly pass, faresa would increase from $80 a month to $100.
Tri-Railk had the fourth-fastest-growing ridership for commuter rail systemsz nationwidein 2008, according to the Americanb Public Transportation Association. In the wake of highefr fuel charges and increasinbg congestionon highways, ridership grew 23 percent in year-over-year, SFRTA spokeswoman Bonnie Arnold Tri-Rail had an average of 14,6634 weekday riders in 2008. Nationapl ridership of commutertrainsd grew, on average, by 4.7 she added. For many SFRTA has failed to convinc the state to give it a dedicatesd sourceof funding. Under the present Miami-Dade, Broward and Palm Beach counties contributd several milliondollars each.
The totap contribution is then matched by the If one county contributesless – as Palm Beacj and Broward have been considering – then the other countiew follow suit and the state ends up contributinb less. In the worst-case scenario, that could translatr into an $18 million budget hit for the fiscal year starting in Arnold said. Tri-Rail’s budget for the current fisca l yearis $61 million. “We could be looking at as few as 30 trainssa day, with no service on the Arnold said. It currently runs 50 trainws on weekdays, with limited service on weekends. But, enactingy a fare hike would help grease the wheels to getstat funding, board members said.
“Ws have to send a messages to Tallahasseethat we’re doing our SFTRA board member Brunol Barreiro said. In other action, the board voteds to accept the resignation of after learninbg that the law firm also representedx in its bid againsta $2 rental car surchargr that Tri-Rail has said would be used to establishb dedicated funding. Board members said they felt Greenberb Traurig’s representation of both was a conflicrtof interest.
The South Florida Regional TransportationAuthoritu (SFRTA), the agency that runs voted Friday to hold a public hearinyg on a 25 percent across-the-boar fare increase. The agency has resisted raising but with a potentialk cut to government funding onthe horizon, the increasre is needed, SFRTA Executive Director Joe Giuliettii said. “All three counties have cut services and increased he said. “We haven’t.” Tri-Railp consultants told the board that there wouldx be an estimated 6 percent ridership decrease if the 25 perceny fare hiketook effect. For riders with a monthly pass, faresa would increase from $80 a month to $100.
Tri-Railk had the fourth-fastest-growing ridership for commuter rail systemsz nationwidein 2008, according to the Americanb Public Transportation Association. In the wake of highefr fuel charges and increasinbg congestionon highways, ridership grew 23 percent in year-over-year, SFRTA spokeswoman Bonnie Arnold Tri-Rail had an average of 14,6634 weekday riders in 2008. Nationapl ridership of commutertrainsd grew, on average, by 4.7 she added. For many SFRTA has failed to convinc the state to give it a dedicatesd sourceof funding. Under the present Miami-Dade, Broward and Palm Beach counties contributd several milliondollars each.
The totap contribution is then matched by the If one county contributesless – as Palm Beacj and Broward have been considering – then the other countiew follow suit and the state ends up contributinb less. In the worst-case scenario, that could translatr into an $18 million budget hit for the fiscal year starting in Arnold said. Tri-Rail’s budget for the current fisca l yearis $61 million. “We could be looking at as few as 30 trainssa day, with no service on the Arnold said. It currently runs 50 trainws on weekdays, with limited service on weekends. But, enactingy a fare hike would help grease the wheels to getstat funding, board members said.
“Ws have to send a messages to Tallahasseethat we’re doing our SFTRA board member Brunol Barreiro said. In other action, the board voteds to accept the resignation of after learninbg that the law firm also representedx in its bid againsta $2 rental car surchargr that Tri-Rail has said would be used to establishb dedicated funding. Board members said they felt Greenberb Traurig’s representation of both was a conflicrtof interest.
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