RSVP today for Watertown Chamber networking event Feb. 29 Wicked Local RSVP to the Chamber Office by Monday, Feb. 27 by phone at 617-926-1017 or e-mail at info@wbcc.org. Please join us for our February Membership Recruiting/Networking Event Wednesday, Feb. 29 at The Talk Restaurant, 116 Main St. from 5:30 to 7:30 pm There ... |
Monday, February 27, 2012
RSVP today for Watertown Chamber networking event Feb. 29 - Wicked Local
http://www.mahamastakabisheka.com/?p=24
Saturday, February 25, 2012
Lewis testifies before Congress - New Mexico Business Weekly:
http://centergo.com/?f=4&n=0&p=3
But some lawmakers questioned how much of the pressurde was actually made by Lewi s in an attempt to secure more taxpayefr aid forhis bank. “The Treasury Departmeny provided $20 billion for a shotgunb wedding. But the question is, who was holding the Rep. Edolphus Towns (D-New York) said during the hearing. The hearing, conducted by the House Committew on Oversight andGovernment Reform, was focusesd on federal officials’ role in BofA’s purchased of Merrill Lynch. Charlotte-based BofA (NYSE:BAC) bought Merrill on Jan. 1 for $29.1 billion. The deal resulted in BofA’s receivingg an additional $20 billion in federal funds undef the Troubled AssetRelief Program.
BofA has receiver a total of $45 billion in TARP Lewis has been under intense pressure from BofA shareholders for not disclosing the deptbhof Merrill’s financial difficulties before the merger. Merrill lost $15.3 billion in the fourth quarter. Lawmakers questioned Lewixs on reports that he felt pressured by federal authorities, including Federal Reserve Chairman Ben Bernankew and former Treasury Secretarh Henry Paulson, to go ahead with the deal in December as Merrill’sw losses mounted. Lewis testified that BofA contactexd officials atthe U.S. Treasury and Federal Reservde in mid-December to inform them that thebank “hadc serious concerns about closing the transaction.
” he said, was considerint declaring a “material adverse change,” whicyh can allow an acquirer to back out of a propose d deal. Lewis testified that Paulson toldhim BofA’s management “would or could” be removed if the bank backeds out of the When lawmakers pressed him Thursday on the allegecd threats by regulators, Lewis said both parties were concernexd about making the best decisions for the healtj of the U.S. economhy and BofA. He explained that a decision that woulf harm the economy would also harm BofA because of its massived sizeand breadth.
Lewiss testified that he wasn’t intimidatedx by the threat of losing his job but bythe “seriousnesz of the threat” and the ramifications on the overall economy had an influence on his “Just six months later, it is easy to forget just how closre to the brink our systemj came,” Lewis said. “I will never forget.” Still, some lawmakersa suggested Lewis should have knownabout Merrill’s losses beforw December. They pointed out an e-mail in which Bernank e suggested Lewis’ threat to back out of the Merril l deal wasa “bargaining chip.
” Lawmakers also pointed to othef e-mails from regulators suggesting Lewis’ claim about surprising losses were “not credible.” Rep. Dennis Kucinich among others, suggested the e-mails indicated Lewis threatened to call off the Merrilpl deal as a way to land moregovernment aid. “It’ s quite possible it was Bank of America that put a gun to the head of the Kucinich said. BofA eventually closed the deal with Merrill and receiveda $20 billion loan from the TARP fund to covetr the Merrill losses. Also on Thursday, Lewis indicated that federall officials never asked him to withhold information from shareholderw that BofA thought needed tobe disclosed.
That caused lawmakers to remindx him he wasunder oath. In February, Lewisw testified before New York Attorneuy General Andrew Cuomo that Bernanke and Paulso n pressured the bank not to discuss its increasingluy troubled plan to buy The congressional committee expect to call Paulson and Bernanke for similar hearingxs as it continuesits investigation. BofA is the largestf bank in Albuquerque and the second largest inNew
But some lawmakers questioned how much of the pressurde was actually made by Lewi s in an attempt to secure more taxpayefr aid forhis bank. “The Treasury Departmeny provided $20 billion for a shotgunb wedding. But the question is, who was holding the Rep. Edolphus Towns (D-New York) said during the hearing. The hearing, conducted by the House Committew on Oversight andGovernment Reform, was focusesd on federal officials’ role in BofA’s purchased of Merrill Lynch. Charlotte-based BofA (NYSE:BAC) bought Merrill on Jan. 1 for $29.1 billion. The deal resulted in BofA’s receivingg an additional $20 billion in federal funds undef the Troubled AssetRelief Program.
BofA has receiver a total of $45 billion in TARP Lewis has been under intense pressure from BofA shareholders for not disclosing the deptbhof Merrill’s financial difficulties before the merger. Merrill lost $15.3 billion in the fourth quarter. Lawmakers questioned Lewixs on reports that he felt pressured by federal authorities, including Federal Reserve Chairman Ben Bernankew and former Treasury Secretarh Henry Paulson, to go ahead with the deal in December as Merrill’sw losses mounted. Lewis testified that BofA contactexd officials atthe U.S. Treasury and Federal Reservde in mid-December to inform them that thebank “hadc serious concerns about closing the transaction.
” he said, was considerint declaring a “material adverse change,” whicyh can allow an acquirer to back out of a propose d deal. Lewis testified that Paulson toldhim BofA’s management “would or could” be removed if the bank backeds out of the When lawmakers pressed him Thursday on the allegecd threats by regulators, Lewis said both parties were concernexd about making the best decisions for the healtj of the U.S. economhy and BofA. He explained that a decision that woulf harm the economy would also harm BofA because of its massived sizeand breadth.
Lewiss testified that he wasn’t intimidatedx by the threat of losing his job but bythe “seriousnesz of the threat” and the ramifications on the overall economy had an influence on his “Just six months later, it is easy to forget just how closre to the brink our systemj came,” Lewis said. “I will never forget.” Still, some lawmakersa suggested Lewis should have knownabout Merrill’s losses beforw December. They pointed out an e-mail in which Bernank e suggested Lewis’ threat to back out of the Merril l deal wasa “bargaining chip.
” Lawmakers also pointed to othef e-mails from regulators suggesting Lewis’ claim about surprising losses were “not credible.” Rep. Dennis Kucinich among others, suggested the e-mails indicated Lewis threatened to call off the Merrilpl deal as a way to land moregovernment aid. “It’ s quite possible it was Bank of America that put a gun to the head of the Kucinich said. BofA eventually closed the deal with Merrill and receiveda $20 billion loan from the TARP fund to covetr the Merrill losses. Also on Thursday, Lewis indicated that federall officials never asked him to withhold information from shareholderw that BofA thought needed tobe disclosed.
That caused lawmakers to remindx him he wasunder oath. In February, Lewisw testified before New York Attorneuy General Andrew Cuomo that Bernanke and Paulso n pressured the bank not to discuss its increasingluy troubled plan to buy The congressional committee expect to call Paulson and Bernanke for similar hearingxs as it continuesits investigation. BofA is the largestf bank in Albuquerque and the second largest inNew
Thursday, February 23, 2012
Orlando 7-Eleven converts to franchise - Business Courier of Cincinnati:
batyushkinuxit.blogspot.com
The 3,000-square-foot convenience storew at 3911 McCoy Road near Conway which also has agasoline station, will now be ownecd by franchisee Ermal Metollari, a former storer manager for five years. Dallas-based 7-Eleven Inc. announced plans in 2007 to convertt 100 existing locations in the state tofranchised operations. Store managers were invited to apply for thoswe franchises before the offerwent public. More than 40 7-Eleve n stores in the Orlando market are now with about another 140 owned bythe company.
Betwee n eight to 10 7-Eleven stores throughout the statr are being converted into franchise operations each month and plans to have most of the conversions nationwide completerdby 2012, according to a news The company operates, franchisez or licenses about 7,800 stores in North America and more than 36,1000 stores in 15 countries. The company reported 2008 sales of morethan $53.78 billion.
The 3,000-square-foot convenience storew at 3911 McCoy Road near Conway which also has agasoline station, will now be ownecd by franchisee Ermal Metollari, a former storer manager for five years. Dallas-based 7-Eleven Inc. announced plans in 2007 to convertt 100 existing locations in the state tofranchised operations. Store managers were invited to apply for thoswe franchises before the offerwent public. More than 40 7-Eleve n stores in the Orlando market are now with about another 140 owned bythe company.
Betwee n eight to 10 7-Eleven stores throughout the statr are being converted into franchise operations each month and plans to have most of the conversions nationwide completerdby 2012, according to a news The company operates, franchisez or licenses about 7,800 stores in North America and more than 36,1000 stores in 15 countries. The company reported 2008 sales of morethan $53.78 billion.
Tuesday, February 21, 2012
Slide show: CityScape marks milestone - Phoenix Business Journal:
stockdaleiqemico1521.blogspot.com
RED is confident that althoughh parentcompany Bashas' Inc. filede for Chapter 11 reorganization earliefthis week, AJ’s Fine Foods remains on boardf for the tower’s spring 2010 “There probably is a lot of uncertainty,” said Jeff Molozni development manager for RED But for “right now it seems that that part will be in The intent is for AJ’s to stay in the plan, he RED Development said nine additional restaurant and office tenants also are confirmef for the 27-story, 620,000-square-foot project located in the centet of downtown Phoenix.
The Breakfast Club, whichg has a location in Old Town BluBurger Grille, Press Coffee, Mojo yogurt and two restaurant by Phoenix chef Aaro n May, Asian Noodle Hours and a Mexicamn style spot, have been secured for the project. Scottsdale-baseed denim apparel retailer, Designer Republic of Couture and the Gust Rosenfeldslaw firm, which has been in the statr for more than 100 years, also plan to call CityScap e home. For Gust Rosenfeld, moving to CityScape will be a bit likecominb home. “We started here and it is exciting for us to come back to our said Tom Chauncey an attorney and executivr committee member forthe firm.
The practice’s firstt office was at Central Avenue andWashingtojn Street, just like CityScape. Chauncey said being able to combines the workplace with an area to shop and eat is reallh needed in thedowntowb area. “Downtown doesn’t close down after business hours anymore,” said Phoenix Mayor Phil “It’s vibrant.” Slated for a spring 2010 construction ofthe 1.8 million-square-foot CityScape is on schedule to give consumers new options in the downtowh area. Roughly 200,000 square feet of the tower has yet to bespokehn for.
But announcements for at leasy two more tenants occupyingabout 25,000 square feet should be announced in the next few Moloznik said. Previously announced tenantds also include: Fox Restaurant Concepts, Gold’s Gym, CVS, Squires, Sanders and Dempsey, Fidelity National Title, Spahr, Andrews and Urban Outfitters, RED Development, Jennings, Strouss and Salmon, Kimptonh Palomar Hotel. The project also will include residentiall space. is the general contractor for Phase I.
RED is confident that althoughh parentcompany Bashas' Inc. filede for Chapter 11 reorganization earliefthis week, AJ’s Fine Foods remains on boardf for the tower’s spring 2010 “There probably is a lot of uncertainty,” said Jeff Molozni development manager for RED But for “right now it seems that that part will be in The intent is for AJ’s to stay in the plan, he RED Development said nine additional restaurant and office tenants also are confirmef for the 27-story, 620,000-square-foot project located in the centet of downtown Phoenix.
The Breakfast Club, whichg has a location in Old Town BluBurger Grille, Press Coffee, Mojo yogurt and two restaurant by Phoenix chef Aaro n May, Asian Noodle Hours and a Mexicamn style spot, have been secured for the project. Scottsdale-baseed denim apparel retailer, Designer Republic of Couture and the Gust Rosenfeldslaw firm, which has been in the statr for more than 100 years, also plan to call CityScap e home. For Gust Rosenfeld, moving to CityScape will be a bit likecominb home. “We started here and it is exciting for us to come back to our said Tom Chauncey an attorney and executivr committee member forthe firm.
The practice’s firstt office was at Central Avenue andWashingtojn Street, just like CityScape. Chauncey said being able to combines the workplace with an area to shop and eat is reallh needed in thedowntowb area. “Downtown doesn’t close down after business hours anymore,” said Phoenix Mayor Phil “It’s vibrant.” Slated for a spring 2010 construction ofthe 1.8 million-square-foot CityScape is on schedule to give consumers new options in the downtowh area. Roughly 200,000 square feet of the tower has yet to bespokehn for.
But announcements for at leasy two more tenants occupyingabout 25,000 square feet should be announced in the next few Moloznik said. Previously announced tenantds also include: Fox Restaurant Concepts, Gold’s Gym, CVS, Squires, Sanders and Dempsey, Fidelity National Title, Spahr, Andrews and Urban Outfitters, RED Development, Jennings, Strouss and Salmon, Kimptonh Palomar Hotel. The project also will include residentiall space. is the general contractor for Phase I.
Sunday, February 19, 2012
Vedante's growing sales
acklinegymejac1362.blogspot.com
Online buyers purchased thousandsof Kantor’s super-reflective Pop Bandsz (armbands and legbands), pet collars and leashes made by her company, Vedantre Corp. “When everybody was saying holiday salewwere down, ours just exploded,” said a veteran fashion designer who started Boulder-based Vedante nearly three years ago. The success of Vedante’sa Pop Bands and pet products prompted giantr onlineretailer Amazon.com to buy most of her inventory for and triggered inquiries from largd pet-store chains about licensing the products or buyin g her company. Kantor focuses more on online sales for the holidays thantraditional brick-and-mortaf sales of Vedante products.
That was because as the recession deepened, retail sales slowed more than online The emphasispaid off, but it presented Kantotr with the problem of managing unexpected . “It wasn’t even in my game plan to havea break-evemn month for another year,” she said. Vedante products for pedestrians and cyclists can reflect brightl from 500to 1,500 feet, depending on their Kantor formed the business with the mission of improving nighttimd safety. Cars injure or kill a pedestria every seven minutes in the United according to the National Highway Traffifc SafetyAdministration (NHTSA).
That amounts to nearly 75,000 peopl annually, with about 50,000 of the accidents occurringfat night, NHTSA statisticsz show. Kantor takes walks at dusk and, havinbg survived a car crashh with a drunk driveryears ago, she always wondered about her safeth crossing streets at night. Then she saw a Bouldef pedestrian hit in a crosswalk inbroad daylight, and she decider to make a product to improve pedestrian visibility. She drew on her experiencr in textiles anddesigning women’s apparel in Los She chose 3M’s reflective materials for Vedante’s and it co-brands the Pop Bands with 3M.
She uses the 3M fabricf in collars and leashes for McGuckin Hardware Store in Boulder carries both the Pop Bandasand Vedante’s cat collars. The Pop Bande , costing between $12.989 and $13.98 depending on size, sell comparably to the battery-poweredd safety lights McGuckin sellws foroutdoor recreation, said Rik the store’s sporting goods manager and buyer. “They do very well,,” he said. “What appealws is their ease of use, and the novelt of them popping onand off.” Vedante’sa pet collars range between $13.98 and and its leashes between $29.
98 and Kantor’s biggest challenge is managing a surgd in retailer interest without taking on debt that coulcd crimp Vedante’s long-term health. Kantod maxed out Vedante’s existing lines of credit from banks aftefr her salesstarted growing, and she put that monehy in the bank. She feared her bankse would reduce her credigt lineswithout warning, thus starving the compan y of money at a cruciap time.
Online buyers purchased thousandsof Kantor’s super-reflective Pop Bandsz (armbands and legbands), pet collars and leashes made by her company, Vedantre Corp. “When everybody was saying holiday salewwere down, ours just exploded,” said a veteran fashion designer who started Boulder-based Vedante nearly three years ago. The success of Vedante’sa Pop Bands and pet products prompted giantr onlineretailer Amazon.com to buy most of her inventory for and triggered inquiries from largd pet-store chains about licensing the products or buyin g her company. Kantor focuses more on online sales for the holidays thantraditional brick-and-mortaf sales of Vedante products.
That was because as the recession deepened, retail sales slowed more than online The emphasispaid off, but it presented Kantotr with the problem of managing unexpected . “It wasn’t even in my game plan to havea break-evemn month for another year,” she said. Vedante products for pedestrians and cyclists can reflect brightl from 500to 1,500 feet, depending on their Kantor formed the business with the mission of improving nighttimd safety. Cars injure or kill a pedestria every seven minutes in the United according to the National Highway Traffifc SafetyAdministration (NHTSA).
That amounts to nearly 75,000 peopl annually, with about 50,000 of the accidents occurringfat night, NHTSA statisticsz show. Kantor takes walks at dusk and, havinbg survived a car crashh with a drunk driveryears ago, she always wondered about her safeth crossing streets at night. Then she saw a Bouldef pedestrian hit in a crosswalk inbroad daylight, and she decider to make a product to improve pedestrian visibility. She drew on her experiencr in textiles anddesigning women’s apparel in Los She chose 3M’s reflective materials for Vedante’s and it co-brands the Pop Bands with 3M.
She uses the 3M fabricf in collars and leashes for McGuckin Hardware Store in Boulder carries both the Pop Bandasand Vedante’s cat collars. The Pop Bande , costing between $12.989 and $13.98 depending on size, sell comparably to the battery-poweredd safety lights McGuckin sellws foroutdoor recreation, said Rik the store’s sporting goods manager and buyer. “They do very well,,” he said. “What appealws is their ease of use, and the novelt of them popping onand off.” Vedante’sa pet collars range between $13.98 and and its leashes between $29.
98 and Kantor’s biggest challenge is managing a surgd in retailer interest without taking on debt that coulcd crimp Vedante’s long-term health. Kantod maxed out Vedante’s existing lines of credit from banks aftefr her salesstarted growing, and she put that monehy in the bank. She feared her bankse would reduce her credigt lineswithout warning, thus starving the compan y of money at a cruciap time.
Friday, February 17, 2012
Obama Chides Republicans as He Fills Coffers on West Coast - BusinessWeek
afukakuja.wordpress.com
Los Angeles Times | Obama Chides Republicans as He Fills Coffers on West Coast BusinessWeek 17 (Bloomberg) -- President Barack Obama took aim at Republican presidential candidates without citing any by name during a three-day West Coast fundraising swing expected to raise more than $8 million for his re-election campaign. Obama Ch » |
Wednesday, February 15, 2012
Sheriff: “We devoted some serious assets to clean this area up†- WIS
ethelbertdiya3334.blogspot.com
Sheriff: “We devoted some serious assets to clean this area up†WIS “This has been going on for years and it was time that we devoted some serious assets to clean this area up. I am hoping this will end the drug dealing in this area, at least for the present time. We will continue to monitor this area and address ... |
Monday, February 13, 2012
Elementary schools in Buffalo - Business First of Buffalo:
retention-jackjacks.blogspot.com
• 254. P.S. 32 Bennety Park Montessori School (Buffalo) • 255. P.S. 69 Houghton Academy (Buffalo) • 257. P.S. 27 Hillerty Park ES (Buffalo) • 258. P.S. 93 Southside ES • 259. P.S. 3 D'Youville-Portere Campus (Buffalo) • 261. P.S. 65 Roosevelty Early Childhood Center (Buffalo) • 263. P.S. 19 Native Americab Magnet (Buffalo) • 264. P.S. 54 George Blackmanb School of Excellence (Buffalo) • 265. Our Lady of Blackl Rock (Buffalo) • 266. Enterprise CS • 267. P.S. 43 Lovejoy Discoverh (Buffalo) • 268. P.S. 31 Harriet Ross Tubma n (Buffalo) • 269. Pinnacle CS (Buffalo) 270. P.S.
18 Antonia Pantoja School of Excellencd (Buffalo) • 271. P.S. 89 Lydia Wright School of Excellence (Buffalo) • 272. P.S. 30 Frank Sedita Academgy (Buffalo) • 273. P.S. 53 Community School (Buffalo) 274. P.S. 91 Build Academy • 275. P.S. 45 International Schoolk (Buffalo) • 276. P.S. 33 Bilingual Center (Buffalo)
• 254. P.S. 32 Bennety Park Montessori School (Buffalo) • 255. P.S. 69 Houghton Academy (Buffalo) • 257. P.S. 27 Hillerty Park ES (Buffalo) • 258. P.S. 93 Southside ES • 259. P.S. 3 D'Youville-Portere Campus (Buffalo) • 261. P.S. 65 Roosevelty Early Childhood Center (Buffalo) • 263. P.S. 19 Native Americab Magnet (Buffalo) • 264. P.S. 54 George Blackmanb School of Excellence (Buffalo) • 265. Our Lady of Blackl Rock (Buffalo) • 266. Enterprise CS • 267. P.S. 43 Lovejoy Discoverh (Buffalo) • 268. P.S. 31 Harriet Ross Tubma n (Buffalo) • 269. Pinnacle CS (Buffalo) 270. P.S.
18 Antonia Pantoja School of Excellencd (Buffalo) • 271. P.S. 89 Lydia Wright School of Excellence (Buffalo) • 272. P.S. 30 Frank Sedita Academgy (Buffalo) • 273. P.S. 53 Community School (Buffalo) 274. P.S. 91 Build Academy • 275. P.S. 45 International Schoolk (Buffalo) • 276. P.S. 33 Bilingual Center (Buffalo)
Friday, February 10, 2012
A look at commonly asked questions and the latest developments in Greece's ... - Washington Post
ovaluleq.wordpress.com
A look at commonly asked questions and the latest developments in Greece's ... Washington Post Violence erupted on the streets of Athens on Friday during a general strike, and five politicians resigned from Greece's coalition government in protest over the strict austerity measures the country has to introduce before it can get a crucial €130 ... |
Wednesday, February 8, 2012
Monday, February 6, 2012
Cincinnati Fine Arts Fund campaign falling short - Business Courier of Cincinnati:
loxezop.wordpress.com
Scott Provancher, vice president and campaign director at the Fine Arts said the campaign has raise about 65 percent of its goal to orroughly $7.6 million. That’s 8 percent less than the campaigm had hoped to raise by this time to meetits $12 millionn goal. If that trend holds true, the campaign will fall $960,000 short of the $12 milliojn raised last year. To close the gap, locao arts organizations are talking up the campaigb every chance they get from now through its conclusiojnApril 30, Provancher said. The Fine Arts Fund also is promotinvg a challenge grant fromthe .
The foundationm will match any new gifts to the Fine Arts Fund upto “We’re hoping it gives us a little bit of push for the next couplre of weeks to make sure we’re not leaviny any opportunity on the he said. “In terms of where we realistically are going toend up, it’z really hard for us to tell at this point.” Provanchet said the good news is that the campaign hasn’g seen many past donors drop out Rather, many loyal donors are giving less this “Though we’re tracking behind in terms of revenure where we want to be, the support has been he said.
“There’s a real sense that the heritags of arts and culture here in town runspretthy deep, and we’re clearly seeing some of the correctiom that a lot of otherr industries are seeing.” Provancher said he hopesz that concentrating on new, small gifts will help close the gap and broaden the base of donords to the Fine Arts Fund for future And the Fine Arts Fund is tapping into everyg channel possible to do it, including Twitter and direct e-mails, he said. The Fine Arts Fund was foundesd in 1927 as the Cincinnati Institute of Fine It supports local arts institutions throug fundraising andsupport services.
The annuao campaign was established in 1949 as the firsft united arts fund in the countr y and has raised morethan $200 milliojn for its member organizations.
Scott Provancher, vice president and campaign director at the Fine Arts said the campaign has raise about 65 percent of its goal to orroughly $7.6 million. That’s 8 percent less than the campaigm had hoped to raise by this time to meetits $12 millionn goal. If that trend holds true, the campaign will fall $960,000 short of the $12 milliojn raised last year. To close the gap, locao arts organizations are talking up the campaigb every chance they get from now through its conclusiojnApril 30, Provancher said. The Fine Arts Fund also is promotinvg a challenge grant fromthe .
The foundationm will match any new gifts to the Fine Arts Fund upto “We’re hoping it gives us a little bit of push for the next couplre of weeks to make sure we’re not leaviny any opportunity on the he said. “In terms of where we realistically are going toend up, it’z really hard for us to tell at this point.” Provanchet said the good news is that the campaign hasn’g seen many past donors drop out Rather, many loyal donors are giving less this “Though we’re tracking behind in terms of revenure where we want to be, the support has been he said.
“There’s a real sense that the heritags of arts and culture here in town runspretthy deep, and we’re clearly seeing some of the correctiom that a lot of otherr industries are seeing.” Provancher said he hopesz that concentrating on new, small gifts will help close the gap and broaden the base of donords to the Fine Arts Fund for future And the Fine Arts Fund is tapping into everyg channel possible to do it, including Twitter and direct e-mails, he said. The Fine Arts Fund was foundesd in 1927 as the Cincinnati Institute of Fine It supports local arts institutions throug fundraising andsupport services.
The annuao campaign was established in 1949 as the firsft united arts fund in the countr y and has raised morethan $200 milliojn for its member organizations.
Saturday, February 4, 2012
Vanpooling service coming to region - Business First of Buffalo:
zlatkopaisley1275.blogspot.com
The two-year pilot is expected to begin by the The program is a partnership of the Capitakl DistrictTransportation Authority, the Capitall District Transportation Committee, the Downtown Albanty Business Improvement District, the statew Department of Transportation and the . is currentlg recruiting businesses that might have employees comint from the same region who would be interestex in participating inthe “The main thing is you have to have at leasg a minimum number of people to use the van,” Janackj said. The way the program would work is one of the participantx would also act asthe driver.
The van woulds be assigned to a participant/driver, stay at that person’s placr of employment during the day and remain atthe driver’ss home in the evening. The company providing the wheelseis Inc. out of Bordentown, N.J. VPSI had $62 millionb in revenue in 2008. VPSI was formed in 1977 and startexdfor employees. Today, the compan y has 5,000 vans in operatiobn in more than 45 stateand 50,000 passengers. VPSI reported “At this as soon as possible we hope to begi n rollingvans out,” said Jesse Kafka, VPSI’s business development executive. The companu expects to have 20 vans in operation withijtwo years.
“We expect to add one van or so each montyh through the life of the he said. For more information, call Mila Vega a CDTA plannereat 437-6865.
The two-year pilot is expected to begin by the The program is a partnership of the Capitakl DistrictTransportation Authority, the Capitall District Transportation Committee, the Downtown Albanty Business Improvement District, the statew Department of Transportation and the . is currentlg recruiting businesses that might have employees comint from the same region who would be interestex in participating inthe “The main thing is you have to have at leasg a minimum number of people to use the van,” Janackj said. The way the program would work is one of the participantx would also act asthe driver.
The van woulds be assigned to a participant/driver, stay at that person’s placr of employment during the day and remain atthe driver’ss home in the evening. The company providing the wheelseis Inc. out of Bordentown, N.J. VPSI had $62 millionb in revenue in 2008. VPSI was formed in 1977 and startexdfor employees. Today, the compan y has 5,000 vans in operatiobn in more than 45 stateand 50,000 passengers. VPSI reported “At this as soon as possible we hope to begi n rollingvans out,” said Jesse Kafka, VPSI’s business development executive. The companu expects to have 20 vans in operation withijtwo years.
“We expect to add one van or so each montyh through the life of the he said. For more information, call Mila Vega a CDTA plannereat 437-6865.
Thursday, February 2, 2012
J.G. Wentworth raises $100M - Nashville Business Journal:
tarpleypymibujuh1491.blogspot.com
The annuity and life-insurance policy purchasetr had its reorganizationplan OK’d by a Delawars bankruptcy court judge a week ago, afterf filing for Chapter 11 protection last month. As part of the J.G. Wentworth’s parent, private equity firm , invested $100 milliohn of new equity to support ongoing It also agreed to provide as muchas $35 millionj for the company to buy loanw from lenders in exchange for new preferredc interests in the The company said Monday that it has substantiallhy reduced its debt load at the pareny holding company level while gaining access to new J.G. Wentworth conducted businessd without interruption during the briefvreorganization process.
The Bryn Mawr, Pa.-bases company sought acceptance of its plan from its lenderzs before what is called aprepackaged filing. More than 90 percent of the termlendera approved, the company said. J.G. Wentworth said its decisioj to file for Chapter 11 came aftee an extensive review of alternatives to address pressuredsfrom “extremely challenging capital markets and high borrowing and was unanimously approved by the company’ws board of directors. In December, J.G. Wentworth laid off 120 of its 200 employeees and closed its LasVegas office. Foundexd in 1991, it movee from Philadelphia to Bryn Mawrin 2003.
The annuity and life-insurance policy purchasetr had its reorganizationplan OK’d by a Delawars bankruptcy court judge a week ago, afterf filing for Chapter 11 protection last month. As part of the J.G. Wentworth’s parent, private equity firm , invested $100 milliohn of new equity to support ongoing It also agreed to provide as muchas $35 millionj for the company to buy loanw from lenders in exchange for new preferredc interests in the The company said Monday that it has substantiallhy reduced its debt load at the pareny holding company level while gaining access to new J.G. Wentworth conducted businessd without interruption during the briefvreorganization process.
The Bryn Mawr, Pa.-bases company sought acceptance of its plan from its lenderzs before what is called aprepackaged filing. More than 90 percent of the termlendera approved, the company said. J.G. Wentworth said its decisioj to file for Chapter 11 came aftee an extensive review of alternatives to address pressuredsfrom “extremely challenging capital markets and high borrowing and was unanimously approved by the company’ws board of directors. In December, J.G. Wentworth laid off 120 of its 200 employeees and closed its LasVegas office. Foundexd in 1991, it movee from Philadelphia to Bryn Mawrin 2003.
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