Saturday, December 31, 2011
Presentation Academy holding party for old gym - Portland Business Journal:
The old gym, which has servedc the school since 1938, is schedulefd to be razed and replaced this fall bya $5 million, state-of-the-arft arts and athletic center, whichn will be located at 900 S. Fourty St. The new facility is scheduled to be completefthis summer. A live auction of memorabilia from the old gym starts at7 p.m. It will include some iteme used byVivian Dunlevy, Presentation’se longtime coach and athletic who died in early April. She servecd Presentation for 39 years as a teachert and for 35 of those years as athleti director andvarsity basketball, fieldr hockey and volleyball coach. , which owns the old gym buildingband property, plans to replac it with green space.
The university owned Presentatioj from 1995through 2005, beford it became an independently operating school under the guidance of a boardr of trustees. Admission to the farewell partyis $15, and is open to everyone 18 and older. There will be a cash bar servinv wineand beer. Presentation, a Romajn Catholic college-preparatory academy for was founded in 1831 by the Sisters of Charityof
Thursday, December 29, 2011
Bluetooth Stereo Headset & Intercom for Snow Sports Helmet, SPH10S - MarketWatch (press release)
Bluetooth Stereo Headset & Intercom for Snow Sports Helmet, SPH10S MarketWatch (press release) SAN JOSE, CA, Dec 28, 2011 (MARKETWIRE via COMTEX) -- Sena Technologies, Inc., a leader in Bluetooth Communication, announces the release of SPH10S, a Bluetooth Stereo Headset & Intercom for Snow Sports Helmets. The SPH10S is a Bluetooth v2.1+EDR Class ... |
Monday, December 26, 2011
Whitacre plans to stay planted in S.A. as GM chair - Dallas Business Journal:
But that is precisely the role he will playif GM’z Chapter 11 reorganization plan is approved by the U.S. Bankruptch Court. Interim GM Chairman Kent Kres a saysthe Detroit-based automaker has tapped former chairman and CEO of , to lead the companu once it exits bankruptcy. Was Whitacrer expecting that he would be the next chairmanof GM? he tells the in an exclusived interview. But is he ready to roll up his sleeves?? “This is a chancde for me to do some public service that is important for the countryu and for the Whitacre explains. “I hope I can help get this where we want itto go.
” On June 1, GM announcer that it had filed voluntary petitions for relieft under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcty Court for the Southern District of New The company’s reorganization plan includes selling substantially all of its globa assets to a new GM. That sale is subject to the approval ofthe court. Kresa will continue to serv e as interim chairmanuntil GM’s reorganization plan is approved and Whitacrre takes over the helm. “The appointmen of Ed Whitacre as chairman representws a very auspicious beginning for thenew GM,” Kresaz said in a press statement.
“Wee look forward,” he adds, ‘to working with him to complete the reinvention of GM and maximize the enormous potential of thisnew enterprise.” Whitacre, 67, was chairmaj and CEO of AT&T Inc. and its predecessorf companies from 1990to 2007. It was under his watch that what was then Southwesternj Bell relocated its headquarter sfrom St. Louis to San Antonio. Since then, Whitacre has take n a vested interest in the Alamo In addition to the millions of dollarsw contributed by the company in the San Antonio Whitacre has been publiclg recognized for his personal contributions to the Last year, San Antonio witnessedc the opening of the Museo Alameda with the help of corporat e partners and AT&T.
Whitacre served as honorar chairman of the museum for itsgrand opening. In for example, UTSA President Ricardpo Romo presented Whitacre with the inaugural Tom Frost Awarxd for his leadership in business and his dedication to enhancingv the community through personal and corporate In 1998, he served as the chairman for the Unitede Way Community Campaign for San Antonio and Bexatr County. Because of those deep South Texas roots, and despited of his new Whitacre says he will not leave San Antoniokfor Detroit. “This is my city,” says Whitacrr about San Antonio. “I’km not moving.
” That said, Whitacre does hope to help restorre faith in anhistoric “We just want to help this he says.
Saturday, December 24, 2011
Dell reported to be thinking acquisition - Austin Business Journal:
The Round Rock-based Dell (Nasdaq: DELL) is expectingh to acquire a “significant-sized company” in the data storage services The reported, citing sources familiar with the matter. The repory comes two weeks after Dell officiald confirmed that they offered a positionb to a former mergers and acquisitiond directorfor , which is suing the executived to prevent him from working for The executive, David Johnson, is being sued by IBM becausew the new position would allegedly violate a noncompete clause. Dell, the No.
2 makere of personal computers inthe world, is positioned to complete acquisitions this year as it finds itself flusuh with cash while tech company valuations remain depressex during the global recession. In Dell acquired the consulting and solutions portion of in a stock dealworty $12 million. Last year, Dell made the largest acquisitionn inits history, buying New Hampshire-based for $1.4 billion. Yet last the company reported $10.7 billion in cash and investmentd during thefirst quarter.
Thursday, December 22, 2011
As shale fracking booms, environmental protection lags - Kansas City Star
As shale fracking booms, environmental protection lags Kansas City Star The water is full of salt and contains naturally occurring radioactive elements and metals from deep layers, as well as the fracking chemicals. "The industry's practices have been rapidly evolving here over the last few years," said David Yoxtheimer, ... |
Tuesday, December 20, 2011
Dean Foods to relocate corporate office - Nashville Business Journal:
Dallas-based Dean (NYSE: DF) will relocate from its currenft location at 2515McKinney Ave. into 240,000 squarde feet of space inside Cityplace. The move is expected to take place in the first quarterof 2010. "We are pleased to be able to relocate our offices within Dallas city Many factors worked inour favor, including the real estate space availability and other economic said Gregg Engles, chairman of the board and chief executivwe officer of Dean Foods. "The City of Dallas is our and we are pleased to remain here and continue our many civivc andcommunity partnerships.
" Dean said in a statemenr it is moving because the company has outgrowbn its current workspace, and new space is needed to addresa the company’s changing needs. The leasre will take occupancy at Cityplace to about 80 percent from about 60percenyt now, said Sarah Payne, vice president at Streanm Realty Partners, which handles leasing in the building. Employeesx will begin moving in Decembee and the move will be phased in through Payne said. "This was a huge win for the City of Dallas to keep them inthe city, because they looker all over," Payne said.
She said Dean Foods considererd existing spaceand build-to-suits in the Legacy/Frisco area, as well as otherr buildings downtown. Brokers familiar with the search said Dean Food s considered Fountain Place and Bank of America Plaz a among other downtown buildings with significant squarefootagre available. The asking lease rate for space in Cityplacwis $24 per square foot, plus electricity. Dean Foodxs will occupy floors 34 through 40 inthe 1.2-million-square-foot building. Dean Foods occupied about 150,000 square feet at its current location.
Sunday, December 18, 2011
Shire lends city a hand to restore Feltonville rec center - Philadelphia Business Journal:
Mike Yasick, senior vice president of said thatMayor Nutter’s call to action galvanized him and his colleague at Shire to lend a hand — and a largse check — toward the $165,000 renovation of the Feltonville recreatioj center in Northeast Philadelphia. The projecr was completed in six months. Shire also committexd $100,000 in funding over threed years to the Departmentof Recreation’s summer splasn program to help keep city poolse open this summer. “We’re big believerz in the city itselfc influencing the quality ofthe region,” Yasick said. “Wew consider Greater Philadelphia the neighborhood wework in.
” The British pharmaceutical giangt has its U.S. base in Tredyffrin, and employse 700 full-time workers and 200 contracted workers throughourt thePhiladelphia area. Around 40 employeesw volunteered for the The company gives all employees one paid day off forvolunteeer work. Nutter attended the opening ceremonyh of the upgraded Feltonviller community recreation center onMarch 20. The renovatiojn included a repavedbasketball court, a newly constructef handball wall with a and new sidewalks and landscaping. City Year volunteersd painted the fence surrounding the playground with paintr donatedfrom . The Feltonvilld recreation center is used by as many as500 children, Yasickl said.
Shire’s outgoing approach surprised Susanj Slawson, commissioner of the Departmentof Recreation. “What’s unique abouy Shire is that they soughrtafter us,” said Slawson. heard the call that Mayor Nutter made about the importancedof public-private partnerships way before the economidc crisis.” Slawson and the Recreatiob Department are struggling to allocate thinning resourcea in the wake of the budget Shutting down most of the publicc swimming schools was one of the budgey cuts being considered. Closing the pools would save $1.9 millio n for other services.
Slawsonh had casually mentioned to Shir e representatives during the playground projectg that the Recreation Department was trying to raisre funds to keep runningswimminyg pools, each of which costs $60,000 a year to A week later Shire pledged its “During these times when people are holding what they have to themselvez it was one conversation and a week later they’re saying ‘we’re going to support Slawson said. Shire will continue its communitu involvement with a donation drive onMay 15–1 to benefit Cradles to a local nonprofit that providesx underprivileged children with basic essentials.
Last year 6,000 children receiveed donations fromthe drive, and Yasick hopesw for the same turnout this year. Employees at of N.Y., visited local classrooms on April 21 to educatd students on how to make the most of theier money for National Teach Children toSave Day. Nearlg 60 volunteers taught in 42 schools acrosethe mid-Atlantic region, including and in Philadelphia. Regionakl accounting firm Parente Randolphdonated $5,50p to Susan G. Komen for the Cure on April 16 to replacee money stolen at Liberty Place in Center City duringhan in-person registration event for the organization’se annual fundraising race.
Thursday, December 15, 2011
Washington County surveyor looks for disappearing corners on public lands - OregonLive.com
OregonLive.com | Washington County surveyor looks for disappearing corners on public lands OregonLive.com On a chilly morning in mid-December, Clint Michael, a Washington County surveyor, sets out to find it. Of the approximately 3400 land-survey corners in Washington County, this particular corner promises to be easier to locate than most. ... |
Tuesday, December 13, 2011
A rising star - Trubion Pharmaceuticals Inc. • 12,325 percent growth - Puget Sound Business Journal (Seattle):
Trubion uses a proprietary drug design process to creatwe a novel class of compounds called Small ModularImmunoPharmaceuticals (SMIPs). The compounds utilizre key structures -- or modules -- in naturally occurring proteins. Trubion optimizes the proteins to work together in a single molecule that can be customized to fightmany diseases. Trubion's lead drug, targets rheumatoid arthritis and isbeing co-developeds with Wyeth. A second TRU-016, targets non-Hodgkin's lymphoma and chronic lymphocytic leukemia. Trubion was founded in 2002. Trubion went publidc in 2006, raising $52 million. Foundedf in 2002, the company is led by CEO and PresidengtPeter Thompson.
Trubion reported revenues of $36.5 millioh in 2006
Sunday, December 11, 2011
Puget Sound Business Journal (Seattle):
The governor has named the following as memberds of the Washington Climatr Change Challenge Advisory Teamin Olympia: co-chairs Jay Manning and Juli Rod Brown, Vicky Carwein, KC Golden, Denniws Hession, Sara Kendall, Bill Kidd, Mike Dennis McLerran, Bill Messenger, Deborah Moore, Larr Paulson, Michael Rawding, Aarohn Reardon, Steve Reynolds, Rich Mike Rousseau, Doug Sutherland, Terry Uhling and Terry Williames . Calvin Pearson has been confirmed by the statwe Senate to be on the board of trustees of Bates Technical Collegein Tacoma. Jay Stewartt has been named manager of real estatew development for the Portof Tacoma.
Friday, December 9, 2011
Genmar Holdings files for bankruptcy - Dayton Business Journal:
The petition to reorganize theboat builder’s debtss was filed Monday afternoon in in The filing includes more than 20 of the company’es subsidiaries, one of which is Murfreesboro-based Genmar Tennessee LLC. The compan y has a boat manufacturing and repair facilityt at theMurfreesboro location. Genmar Tennesse e has from 200to 1,00 creditors and assets between $50,000 and The Tennessee company’s filing listxs about $750,000 in unsecurex debts owed to its 20 largest creditors. The parenf company lists its assets in the rageof $10 millio n to $50 million and its liabilitiese between $100 million and $500 according to court documents.
Genmar Holdings’ only secured creditors are and , accordinh to a story in the MinneapolisaStar Tribune. Genmar said it has receive d commitment fora debtor-in-possession financing proposal from both banks. In a Genmar’s largest shareholder, Chairma n and CEO Irwin Jacobs says sales ofthe company’s fishingh boats, luxury yachts and otheer products started to decline in 2008, but worsenede in recent months. The company’s sales in fiscapl 2009, which ends in June, are likelh to be about $460 million, off by more than 50 percen t fromfiscal 2008, the company reports.
“If someones would have said to me as recently as even one montbh ago that Genmar would someday be filing forChaptet 11, I would have said it was not even a remotwe possibility,” Jacobs says. Genmar had been making some strategyy changes in recent months and recentl y announced plans to launch a lineof less-expensive aluminumn boats.
Wednesday, December 7, 2011
California settles with Kmart, sues Target - South Florida Business Journal:
The state’s attorney general, Jerry Brown, joined by districtg attorneys from manyCaliforniz counties, including Alameda, Santa Clara and Contras Costa, filed a suit againsgt Minneapolis-based Target (NYSE: TGT), saying it sent hazardouxs waste to various landfills in violation of statr law. The suit is meant to stop the practices. In news Target said it has been cooperating withthe AG’ office for three years on this matter and that it is committer to complying with all environmentalp laws. Kmart, owned by (NASDAQ: SHLD), agree to a settlement that includescivil penalties, legal costs and some money to boost protection of the environmen t in the state.
Thomas Orloff, Robert Kochly, Jame s Fox and Dolores Carr, the DAs of Alameda, Contrz Costa, San Mateo and Santa Clara counties joined Brown in the suit against According to court Target has180 facilities, including stores and warehouses, in The suit alleges Targer threw out “ignitable aerosol wastes” including propane in a trash compactor in Alameda County on May 14 and May 21, for
Monday, December 5, 2011
Obama: U.S. to take
The federal government plans to investanother $30 billiom in GM, which filed for Chapter 11 bankruptcy reorganizationb earlier in the day. This meanzs the government will own 60 percent of the compan once it emergesfrom bankruptcy, Obama said. “Thies may give some Americans pause,” the president but it was a better alternative than making more loans to a companuy that hasbeen “buried unde r a mountain of debt” for years. The presidentt said he has “no interest” in running GM. “Thes federal government will refrain from exercising its rights as a shareholdetr in all but the most fundamentalpcorporate decisions,” Obama said.
“Whe n a difficult decision has to be made on matters like wher e to open a new plant or what type of new car to thenew GM, not the Uniteds States government, will make that decision. “In short, our goal is to get GM back on its takea hands-off and get out quickly,” he The hopes that will be the but it plans to “carefully monitor” the decisions made by GM and Chrysler, which is emerginb from its own government-guided bankruptcu reorganization. “We will exposre and fight any counterproductive influenceby government, unionws or politicians over decisions that shoulds be left to management,” said U.S.
Chamber President and CEO Tom “And we will continually insist that government reducer and eliminate its ownership stake as soonas possible.” Too much government interference will hurt the auto maker’s chancees of returning to profitability, Donohuee said. “The global talent that existsz in the automotive sector must be allowed to do its job and be paid on acompetitivs basis,” he said. “Management must be permittes to make tough decisions in a competitivr global market withoutpolitical interference.
” Hous Minority Leader John Boehner, R-Ohio, said GM’s bankruptcy filing “may buy some time,” but it doesn’t ensurer the company will succeed. “The only thing it makesz clear is that the governmenyt is firmly in the business of running companies usinhgtaxpayer dollars,” Boehner said. “Doe s anyone really believe that politicians and bureaucrats in Washington can successfully steer a multinational corporation toeconomic vitality? It’ s time for the administration to fully explaimn what the exit strategy is to get the U.S.
government out of the board room once andfor
Friday, December 2, 2011
Savannah Christian blanks Prince Avenue, to play for state title - Savannah Morning News
Savannah Christian blanks Prince Avenue, to play for state title Savannah Morning News Richard Burkhart/Savannah Morning NewsSavannah Christian's Nardo Govan brings down Prince Avenue Christian quarterback Carl Mattox during Friday night's semifinal game in the State Class-A playoffs. By Dennis Knight In what is becoming a December ... |