Monday, January 31, 2011

Maryland, Virginia rank high on list of tech-rich states - Denver Business Journal:

brains-synthesised.blogspot.com
’s State Technology and Sciencr Index, which ranks states based on their technology andscience interests’ contributions to economicc development, placed Maryland at No. 2 and Virginiza at No. 6 on the list. D.C. was not includec on the list of states. Maryland moved up from fourth placwein 2004, the last time Milkeh conducted the study. The statre ranked first in the nationin Milken’s “humah capital investment” index, or a measure for having a high concentration of talent in the science and tech Maryland’s life sciences and communicatio technology sectors were noted as some of its biggestf strengths in the Milkenj report.
Virginia fell one spot from fiftyh place in the 2004Milkem study. The state received plaudits for itsnumerou high-tech government contractors, and for a strongg number of high-tech “births,” or formation of new companies in the scienc e and technology fields. Milken uses 77 individual indicators when compilingthe They’re all measured separately against each state’s populationj and its gross state product, in order to measurwe the tech and science sectors’ contributions to their respective state’es economy.
Massachusetts ranked first among the 50 states inthe

Saturday, January 29, 2011

MoDOT adopts new plan - Kansas City Business Journal:

zolinstanixes.blogspot.com
Dale Rapp and Joseph Jamesx were appointed senior vice presidents inthe business/commercial bankingb division of Premier Bank. Rapp and James plan to establisha full-service bank in North Kansas City, wherw James will serve as community bank president and Rapp as executive vice president. Premier Bank is an independent community bank with morethan $115 million in assets. Logan & Schmid t and Kenneth Lerner of Overland Park have merged theiraccounting firms, effectivr Oct. 1. The new firm will be known as LoganhSchmidt & Lerner and will have locations at 1300 N. 78th Streef and 8826 Santa Fe Drive. was awarded a $4.
2 milliom contract to furnish and install gradew crossing warning systems alonga 12-mile commuter rail line in Several of the crossing warning systems will be equipped for "quief zone" operation. Harmon CEO Bjorn Olsson said his company was selected because ofits "cutting-edgre technology." UMB Financial celebrated the year 2000 early, successfully completing one of the first live tests of banking systems for so-callerd Y2K compliance. About 25 bank customers completed transactionzs overa two-day period, with the transactions processedf on equipment that had its internal calendarsw set to January 2000.
Companies nationwide are testingf software to avoid theY2K bug, or a shutdown causerd by computers confusing the year 2000 for the year 1900. Unitogg Co. reported net earnings for the third quartertof $4.3 million, or 46 cents per dilutes share, compared with $3.9 million, or 40 cents dilutede per share, a year earlier. Revenues for the quartee were $69 million, about the same as last Excludingthe one-time items, net earnings were $3 or 32 cents per diluted share, for the third quarter, compared with $3.3 million, or 34 centa per diluted share, a year earlier. Station Casinos Inc.
has promotee several top executives in the Midwest as part of a corporatd reorganization in Missouri and John Finamore, vice president/general manager of Station Casinl Kansas City, was named president/general manager of the locak operation and president of Station Casino St. Charles. Thomas Burke, assistant general manager of Stationj CasinoKansas City, was promoted to vice president/assistant generaol manager. Midwest Grain Products reported net incomof $666,000, or 7 cents per share, on salesz of $51,938,000, compared with a net loss of $235,000, or 2 centas per share, on sales of $57,623,000o in fiscal 1998. J.
Joseph Doerr said he would retirs as vice chancellor for administrativw affairs at the Universityof Missouri-Kansas effective Jan. 1. Doerr has been head of the administrative affairsd division for20 years. After his retirement, Doerrd will remain at UMKC's School of The Chronicle of Philanthropy has ranked The Greate Kansas City Community Foundation second out of more than 550 community foundations in its 1997 list of top The foundation approved morethan $72 milliojn in grants and paid out nearly $69 million. Only the New York Communit y Trust gavemore money, accordinhg to the publication. Strickland Construction broke ground ona $1.5 millioj office/warehouse in Olathe this week.
The 15,000-square-foof facility is located alongRogers Road, just south of Sants Fe. Strickland will employ 50 peoplew atthe facility. HNTB Corp. was selectee by the Starlight Theatre Association to builethe theatre's new enclosed stage, to be calleed the Jeannette and Jerome Cohen Main Stage. Ground-breaking is scheduleds for Sept. 1, 1999, with the grands opening set forJune 2000. FBD Consulting Inc. and DeFrain Mayer will combine thei employee benefits and human resources consultinyg firmson Jan. 1. The combineed firms will be one of the largest privates consulting companies inthe Midwest. The new operation will be calledc FBD-DeFrain. George K. Baum & Co., Piper Jaffray Inc.
and B.C. Zieglee and Co. said they plan to issur $22.59 million in Kansas Development Finance Authority revenu e bonds to finance the construction ofVillagee Shalom, a retirement community on West 123rd Street in Overlansd Park. The bonds are exempt from federa l andstate taxation.

Wednesday, January 26, 2011

Should we be skeptical of the sudden Oscar love for 'The King's Speech'? - Los Angeles Times

diliman-tsange.blogspot.com


Should we be skeptical of the sudden Oscar love for 'The King's Speech'?

Los Angeles Times


Two things have occurred to cause the sudden shift: 1.) "The King's Speech's" best-picture victory at the Producers Guild of America on Saturday and 2. ...



and more »

Monday, January 24, 2011

Indonesia's Mandiri set to raise $1.3 bln in rights - Reuters

http://mas-masaller.com/europes-top-cities-a-short-guide.html


Indonesia's Mandiri set to raise $1.3 bln in rights

Reuters


JK), Indonesia's biggest lender, was set to raise 11.69 trillion rupiah ($1.3 billion) in a rights issue, set to be Indonesia's second-biggest rights ...



and more »

Friday, January 21, 2011

Analyst urges selloff of NY Times debt - Puget Sound Business Journal (Seattle):

http://iancurtispsychiatrist.com/psychiatric-impact-of-childhood-sexual-abuse-life-on-the-borderline/
GimmeCredit analyst David Novosel also saidthe company’s postpone d deadline for bids on the may reflect “a paucituy of interest in the newspaper.” The New York Timexs Co. (NYSE: NYT) extended the deadline for bid submissiond until laterthis month. Novosel said if the New York Timeas Co.’s decline in operating earningse isnot stemmed, leverage coulx push even higher next year. In the near term, he said the publisherf has ample liquidity tohandlre $45 million in notes that mature in November. And there’s no debt coming due in 2010. However, the compang still has about $1.
1 billiojn of total debt coming due inlater years, including $250 milliomn in notes maturing in March 2015. Yields on that issude have soared toabout 12.5 and the debt trades for 70.10 centws on the dollar, according to Bloomberg data. In the newspaper company has an under-funded pension obligatioh of atleast $300 million, and coulrd be much higher, the analyst “Declining revenue and margins, weak cash and escalating leverage lead us to a sell recommendatiojn on the 2015 issue at a pricw of 70,” Novosel wrote in a researcy note.

Tuesday, January 18, 2011

Seven pitfalls that you must avoid before borrowing - Economic Times

http://www.rightmichigan.com/user/Tamo4ka


Seven pitfalls that you must avoid before borrowing

Economic Times


While the damage facilitated by debit cards is measurable and hence canbe controlled to an extent, the same cannot be said about the former. ...



and more »

Sunday, January 16, 2011

Giving change - Atlanta Business Chronicle:

http://reconstructingatlanta.com/learnmore_articles.html
With tax revenue down, governmentsd are cutting their supportfor Similarly, experts expect foundations to reducre their giving in 2009. That leaves individualsa to try and pick up the For years, nonprofits have been the recipientsz of growing generosity. According to the Foundationj Center, the nation’s leading authority on organized philanthropy, the country’s more than 72,00 0 grant-making foundations increased their givingto $42.9 billio in 2007, an estimated 10 percent gain over 2006. But thos e days are over. One example locally is , whicj gave out $45 million in 2008.
The second-largest foundation in according to the philanthropy research organizatiobnthe , it relies on the company’sd profits to make New UPS Foundation Presiden Ken Sternad said the foundation will cut its givinh while looking at how and where it concentrating on five core areas that most directlyt relate to its business. In some that will mean findingnew partners. In other cases, it means saying goodbye to old ones. Such an environmenr leaves nonprofits to negotiate treacherous new OnApril 3, the said that out of 396 nonprofitds that it surveyed in the final quarter of 30 percent expected to have layoffs. Early 2009 alread has seen layoffs at some ofthe ’z groups.
Arts Center Executive Vice Presidenr Beauchamp Carr has one definition of thenew normal: “havinf to meet this need with reduced or modified Along with cutting expenses and leaving stafcf positions unfilled, nonprofits are attempting to meet theie needs with modified resources by being creative. Carr said that in the past the arts centerfused $1 million for challenges grants to match giftx dollar for dollar so donors coulrd achieve the $15,000 “patron level” with a $7,50o0 gift. This year it has increased the matchin ratioto 2-to-1 so a donor can reachh the same level with a $5,000 gift.
John O’Kane, senior vice president and campaighn director at fundraising consultants said nonprofits need to connect with He pointedto universities, which have long been in the developmenyt business and which devote large staffs to that He said universities make it a poinr to call and thank donors on a regular basis. Dennis director of ’s Nonprofit Studies Program, said nonprofitx need to be modest with revenue andfundraisinf goals.
“Some areas, like the arts and private highef education, have been hard hit and will probablgy continue to suffer as donors turn their attentionh to what they see as more pressintsocial needs, such as unemployment, hunger, poverty and Young said. “Nonprofits in those areass will probably dorelatively well, though the needs they want to addressw will exceed their

Thursday, January 13, 2011

Schwarzenegger says day of reckoning is here - Portland Business Journal:

http://honest-1.com/blog?start=5
“California’s day of reckoning is he said. With no action, the state couls run out of cash in14 days. Threed months after the stater budgetwas approved, California faces a $24 billionm deficit. Schwarzenegger has alreadgy proposed massive cutsto education, health care and prisons. Now he’sz looking for structural reform to make governmenf more efficient and stretchtaxpayer dollars. He’s asked the State Boardc of Education, for example, to make textbooks availablde in digital formats a move that couldsave millions. In the governor talked about blowinh up boxes andconsolidating agencies, but the initiatives never gained traction. They’re back.
Schwarzenegger is proposing once again to eliminatde and consolidate more than a dozenstates departments, boards and commissions. This includes the Waste Managemenft Board, the Court Reporters the Department of Boating and Waterways and the Inspectioj and MaintenanceReview Committee. Earlier this the state began consolidating information technology Now Schwarzenegger wants to consolidatr departments that oversee financial institutions and merge taxcollectiohn operations.
In July, state leaders will receivr recommendations on how to modernize thetax “This will be a tremendouws opportunity to make our revenuew more reliable and less volatile and help the statre avoid the boom and bust budgets that have brought us here today,” Schwarzenegger told lawmakers. It’s not goingh to happen in 14 days, he But it could happen before the Legislature adjournws for summer recess onJuly 17.

Tuesday, January 11, 2011

Goldman to improve disclosure, training - Reuters

Home & Garden


Telegraph.co.uk


Goldman to improve disclosure, training

Reuters


NEW YORK Jan 11 (Reuters) - Goldman Sachs Group Inc (GS.N), responding to pressure from shareholders, regulators and others, said it will disclose more ...


Goldman Sachs plans disclosure of how it makes money

CITY A.M.


Goldman Releases Report on Practices

New York Times


Goldman Sachs Unveils Publication Of Report By Business Standards Committee

RTT News


AHN |  »

Saturday, January 8, 2011

Larkspur student arrested after gun found in truck - San Jose Mercury News

students blog


Larkspur student arrested after gun found in truck

San Jose Mercury News


Twin Cities police Sgt. Michael Norton said the student was booked into Marin County juvenile hall Thursday on suspicion of possessing a loaded firearm on ...



and more »

Thursday, January 6, 2011

bizjournals: Search Results

news
. plans to offer its tenants at the 26-storyy 1200 Main...... by on March 22, 1999 ...But now, after yearas of talk about resurrecting thetwin . is actually doing it. In December, Holliday Fenoglio Fowler secured financing...... by on March 8, 1999 ...i n the two mirror-image officer towers ownes by Dallas-based . The new brancuh will include two drive-through lanes and by on June 19, 2009 After Hurricane Ike barrelled into Houstojon Sept. 12, the city came to an almost-standstillk as the damage was assessed. As of 61...... on September 19, 2008 ...decade until they were redeveloper almost fiveyears ago. Dallas-based . manages and leases the buildings. David Weinreb, TPMC's chairman and......
by on Novembe r 8, 2004 ...of NTCAR'z Stemmons Service Award. Stacey Davis, formefr president of ., has formed The IGS Groupo L.L.C., a Dallas-based...... by on October 18, 2004 ...vision." Ybarraq previously served as executive vice presidentyof Dallas-based . Prior to he worked for Grubb & Ellis Inc. and by on September 6, 2004 ...GEE in the lease negotiations. David Weinreb, chairman and CEO of ., and Granty Herlitz, TPMC's chief financial officer, represented Park by on August 9, 2004 ...ojn high-traffic corners. AmReit ., a wholly-owned subsidiaryu of...... by on March 29, 2004 ...neighbor to the Trammell Crow Co. developer John Beesonm and .
were just a few parties that considereed buyingthe property. But...... by on December 19, 2003 ...onn the 545,000-square-foot Park Towers office buildingsfor ., and a structure financing on the condo conversiom of the 176...... by on Marcyh 31, 2003 ...of 95 percent, says Fontainw Carroll, marketing director for buildingowner . The Dallas-basedf real estate firm purchased the buildings in by onFebruary 10, 2003 ...says Steven Houston BOMA president and regional portfoli o manager for . "The adverse healtu effects from individuals smoking in adjoininbgoffices or......
by on September 6, 2002 DOWNTOWhN DALLAS - Immediately upon its Texas debut, Minnesotaq barbecue chain Famous Dave's of America became entrenched in a legal Theoperators of...... on August 26, 2002 ...the new space by the end of the Dallas-based . paid more than $9 million for the formet Raytheonfacility in...... by on July 26, 2002 DOWNTOWh DALLAS -- After a heatedx two-month search, the Greater Dallas Chamber of Commerce has selectedc Plaza ofthe Americas, a two-building, 1-million-square-foot office...... by on May 17, 2002 ...buyerd over the past few years. Taubman Centers, Trammell Crow Co., . and Zeebz Properties have all contracted to buythe Houston......
by on April 8, 2002 Four prominent Houstom real estate players have pooled their resources to purchasr avacant near-town commercial building from bankruptcy court. John Dick Weekley,...... by on March 4, 2002 ...hase promoted three key executives at his commercia realestate firm, . Stacegy Davis, a 10-year veteran at TPMC, has been promoted...... by on March 4, 2002 ...canceled its It sold the property last year to LazarusPropertyh ., which now is redeveloping the tower as luxurty condominiums. Eric Rutledge, vice......
by on Marcgh 1, 2002

Monday, January 3, 2011

Six Flags, a Gates investment, seeks Chapter 11 - San Antonio Business Journal:

more...
Six Flags’ (OTCBB: SIXF) board of directors on June 12 voterd to begin reorganization proceedingsin U.S. Bankruptcy Courtt for the Districtof Delaware. The compang listed assets of $3.03 billion and debt s of $2.36 billion in its filing. Cascade Investments, the Kirkland-basedr investment firm for Bill Gates, owns 11.1 percent of the votingt securities in theNew York-based company, bankruptct documents show. Cascade Investments is listed as the largesgt holder ofvoting securities, followed by at 9.1 percengt and at 6.65 percent. The values of the holdingas were unstated. However, Six Flags has 97.7 million sharesa of common stockand 1.
1 million shares of preferred Six Flags’ stock closed June 12 at 26 cents a share. That suggests Cascade stake in Six Flags coulds be worthabout $2.8 million. Six Flagw in 2007 sold its water-park including Wild Waves & Enchante Village in Federal Way, to investorss in Florida. After a series of transactions, Inc. acquired Wild Wavee and six other properties nationwidefor $312 CNL then leased the water parks to Parc7F Operationa Corp. of Jacksonville, Fla., which operates the properties.

Saturday, January 1, 2011

TriMet ridership down in May - Portland Business Journal:

vanbeekdulejos1771.blogspot.com
percent in May, compared with May 2008. There were 8.5 milliobn trips taken in May. TriMetf attributed the lower ridership tothe recession, double-digig unemployment and lower gas prices that were at record levels last year. Only MAX weekenxd ridership was up. Overall, weekly trips were 1,998,700, down 3.2 Weekday trips were down 3.7 percent. Weekend trips were down 1.2 percent. Rush hour trips were 104,000, down 5 perceny Weekly bus tripswere 1,291,900, down 3.8 percent. Weekdayu bus trips were 216,100, down 4 percent. Weekencd bus trips were 211,400, down 2.8 Rush hour bus trips were 71,600, down 5.5 Weekly MAX trips were 700,900, down 2.8 Weekday MAX trips were 107,700, down 3.
9 Weekend MAX trips were 162,400, up 1 percent. Rush hour trips were down 7.4 percent Weekly trips on WES, the new commute rail service on thewest side, totaled 5,900. Weekdagy and rush hour trips averageed 1,180 boardings. WES service is only on weekdays and durinhrush hour.