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The building was owned by the entity OneCommerce LLC, of whicyh Jacksonville, Fla.-based Southcoast Capital Group is the majority One Commerce LLC bought the 31-story Downtown office building from AUSA Life Insurancew Co. in 1999 for $31 The 475,082-square-foot building at 40 S. Main was constructec in 1972. Lease rates were $15.50-$17.50 per square foot, accordingh to the Memphis Business Journal OfficeLeasing Guide. One Commercw Square has 292,602 square feet available, making it 39% The building was 73% occupied beforr ’s 170,000-square-foot lease expired in first quarter 2009. Memphis-basefd has been considering the building for itscorporate headquarters.
In the Memphis and Shelby County Industrialk Development Boardapproved payment-in-lieu-of-taxes benefits for Pinnacl e to lease 130,000 square feet at either One Commerce Square or Nonconnahn Corporate Center near the . , a Santa Calif.-based real estate investment had One Commerce Square under contracytin 2007, but the deal fell CB Richard Ellis Memphis will still handle the leasinbg activity and property management at One Commercew Square. "What's next is we're confirming all the existinfg tenants and keeping them happy so they renewetheir leases," CB Richarrd Ellis Memphis CEO Kevin Adams said.
CB Richard Ellis will also look for new including a lead tenant which canreplacde SunTrust. One Commerce Square has 160,00 0 square feet of contiguous office space availabl in which tolure one. "I'm not sure who the lead tenantywill be. In Memphis you can count on one hand the numbere of tenants whofill 100,000 square feet," Adame said. "The leadership of Memphis has to focux on Downtown where it has so much invested and we have to pull togethed to get somenew tenants. I thinlk that's going to take incentives from the local andstat governments.
"
Monday, December 31, 2012
Saturday, December 29, 2012
Friday, December 28, 2012
17 agriculture produce market committees will be subjected to audit - Times of India
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17 agriculture produce market committees will be subjected to audit Times of India PUNE: The state agriculture marketing board has decided to audit the ongoing work of 17 private agriculture produce market committees (APMC). The decision was taken following complaints by farmers related to non-functioning of the committees and ... |
Thursday, December 27, 2012
Wind-generated electricity dumps high costs on ratepayers and taxpayers - Beaufort Observer
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MiamiHerald.com | Wind-generated electricity dumps high costs on ratepayers and taxpayers Beaufort Observer The costs of wind subsidies are extraordinarily highâ€"$52.48 per one million watt hours generated, according to the U.S. Energy Information Administration. By contrast, the subsidies for generating the same amount of electricity from nuclear power are ... Maine's Wind Power Production F » |
Monday, December 24, 2012
Bunge building Washington grain terminal - St. Louis Business Journal:
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Called EGT Development, the projecgt will be the firstr export terminal built in the United Statew in more than two The terminal will be capable ofhandlingf grain, oilseeds and protein meals and feature a rail loop track unloading system capable of holding four 110-care trains. ITOCHU is the secons largest marketer of grain and food productasin Japan, and STX Pan Ocean of Korea ships agricultural products. Bunge has oilseed processing assets in an ownership stake in the Phu My port in Vietnanm and is a significant seller into theAsiann market. Bunge is the majority partnefr inthe project.
The grain terminal will creates about 50 jobs and provideabout $2 million in tax said Bailey Ragan, vice presidentf and general manager of Bunge Construction will begin this montnh with the facility accepting producf for the fall 2011 St. Louis-based Bunge North the North American operating arm ofWhit Plains, N.Y.-based (NYSE: BG), is a food and feed ingredientf company that operates grain elevators, grainh and oilseed processing plants, refineries and food processingv facilities in the U.S., Canada and Alberto Weisser is chairman and CEO of Bunge Ltd.
; Carl Hausmanbn is CEO of Bunge North
Called EGT Development, the projecgt will be the firstr export terminal built in the United Statew in more than two The terminal will be capable ofhandlingf grain, oilseeds and protein meals and feature a rail loop track unloading system capable of holding four 110-care trains. ITOCHU is the secons largest marketer of grain and food productasin Japan, and STX Pan Ocean of Korea ships agricultural products. Bunge has oilseed processing assets in an ownership stake in the Phu My port in Vietnanm and is a significant seller into theAsiann market. Bunge is the majority partnefr inthe project.
The grain terminal will creates about 50 jobs and provideabout $2 million in tax said Bailey Ragan, vice presidentf and general manager of Bunge Construction will begin this montnh with the facility accepting producf for the fall 2011 St. Louis-based Bunge North the North American operating arm ofWhit Plains, N.Y.-based (NYSE: BG), is a food and feed ingredientf company that operates grain elevators, grainh and oilseed processing plants, refineries and food processingv facilities in the U.S., Canada and Alberto Weisser is chairman and CEO of Bunge Ltd.
; Carl Hausmanbn is CEO of Bunge North
Friday, December 21, 2012
Macy
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percent drop in same-store sales in April, comparee to analysts' projections of minus 7.5 percent, and upgraded its first-quarter profit outlook. The Cincinnati-based departmentt store chain (NYSE: M) said it expects a net loss in the fisca l quarter of 19 cents to 21 centx perdiluted share. That beats it own previousx expectations and those of analysts polled byThomsojn Reuters, who had projected a loss of 27 The merchant will report its first-quartetr earnings May 13.
Macy’s, like most has been vying for shoppers who have been pullintg back on discretionary spending during a time of massive job The retailersaid third-quarterd sales at stores open at least a year declinef by 9 percent. Total April salea declined to $1.7 billion from almost $1.9 billion a year ago, or 9.4 For the quarter, sales fell 9.5 to $5.2 billion from $5.7 billion. Analysts projectedf quarterly salesof $5.
24 Despite soft demand for apparel and housewares, Macy’s continuesd to be encouraged by results from its “My pilot program, launched one year ago, said spokesman Jim The program is designed to customize merchandise on a store-by-storse basis and was launched primarily in the Midwest, includingb in Cincinnati. “The stronger areas were the Midwest and he said. “The weaker areas include New York and the He said strong merchandise categoriexs included moderate sportswear for both menand dresses, women’s suits and Weaker categories included handbags and big-ticket such as furniture.
“Private labe l is performing very especially inthe women’sw categories,” Sluzewski said. WMT), for instance, posted a better-than-expected same-store saleas gain of 5 percent, not including fuel sales, while analysts expected it todeliver 2.9 Other department store chains were a mixeed bag. Dillard’s Inc. (NYSE: DDS) reportefd a 5 percent decrease, while analysts expected a dropof 9.2 (NYSE: SKS) said sales fell 32 percent, beloe the 30.5 percent projections. And JWN) said its sales slipped by 10.8 percent. (NYSE: TGT) said its same-store sales rose 0.3 percent, just shy of Net retail sales for the four weeks ended May 2were $4.4t5 billion, up 4.
5 percent from the comparable periodr last year. • (NYSE: GPS) said its same-store salea dipped by 4 percent, beatinv expectations of a 7.8 percent fall. Costco Wholesale Corp.'s comparable-store saleas at stores open a year or more fell 8 percen t last month compared with ayear earlier, the company April net sales at Costcoi fell 6 percent to $5.18 billion from $5.5r billion. • Nordstrom Inc. reported Apri sales fell by more than 6 percentto $561 million from $600 million a year earlier. Same-stores sales at stores open a year or morefell 10.8 percengt compared with April 2008.
percent drop in same-store sales in April, comparee to analysts' projections of minus 7.5 percent, and upgraded its first-quarter profit outlook. The Cincinnati-based departmentt store chain (NYSE: M) said it expects a net loss in the fisca l quarter of 19 cents to 21 centx perdiluted share. That beats it own previousx expectations and those of analysts polled byThomsojn Reuters, who had projected a loss of 27 The merchant will report its first-quartetr earnings May 13.
Macy’s, like most has been vying for shoppers who have been pullintg back on discretionary spending during a time of massive job The retailersaid third-quarterd sales at stores open at least a year declinef by 9 percent. Total April salea declined to $1.7 billion from almost $1.9 billion a year ago, or 9.4 For the quarter, sales fell 9.5 to $5.2 billion from $5.7 billion. Analysts projectedf quarterly salesof $5.
24 Despite soft demand for apparel and housewares, Macy’s continuesd to be encouraged by results from its “My pilot program, launched one year ago, said spokesman Jim The program is designed to customize merchandise on a store-by-storse basis and was launched primarily in the Midwest, includingb in Cincinnati. “The stronger areas were the Midwest and he said. “The weaker areas include New York and the He said strong merchandise categoriexs included moderate sportswear for both menand dresses, women’s suits and Weaker categories included handbags and big-ticket such as furniture.
“Private labe l is performing very especially inthe women’sw categories,” Sluzewski said. WMT), for instance, posted a better-than-expected same-store saleas gain of 5 percent, not including fuel sales, while analysts expected it todeliver 2.9 Other department store chains were a mixeed bag. Dillard’s Inc. (NYSE: DDS) reportefd a 5 percent decrease, while analysts expected a dropof 9.2 (NYSE: SKS) said sales fell 32 percent, beloe the 30.5 percent projections. And JWN) said its sales slipped by 10.8 percent. (NYSE: TGT) said its same-store sales rose 0.3 percent, just shy of Net retail sales for the four weeks ended May 2were $4.4t5 billion, up 4.
5 percent from the comparable periodr last year. • (NYSE: GPS) said its same-store salea dipped by 4 percent, beatinv expectations of a 7.8 percent fall. Costco Wholesale Corp.'s comparable-store saleas at stores open a year or more fell 8 percen t last month compared with ayear earlier, the company April net sales at Costcoi fell 6 percent to $5.18 billion from $5.5r billion. • Nordstrom Inc. reported Apri sales fell by more than 6 percentto $561 million from $600 million a year earlier. Same-stores sales at stores open a year or morefell 10.8 percengt compared with April 2008.
Thursday, December 20, 2012
bizjournals: Search Results
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's reputation among Bay Area venture capitalists and theireportfolio companies...... by on June 12, 2009 ...Heitel, said the Bank and by on February 6, 2009 ...named HRJ Capita l Holdings. The Santa Clara-based holdingf company for (NASDAQ: SIVB) said in a government filing that it has onDecember 18, 2008 ... officialzs this week marked the grand opening of the by onJune 27, 2008 ...evemn as shareholders explained the power of onlinwe communication. Bay Area investment are in the business of helping their institutional clients spot such by onFebruary 18, 2008 ...First Presidenrt and CEO Robert Holmes hesitates to join the choruw declaring that...... by on January 28, 2008 ...
SVv , a longtime specialist in commerciaol banking forthe region's by on January 16, 2008 ...SVB said Mondayt that it formed a dedicated practice for cleantech, the...... on January 14, 2008 ...Exelixi s Inc. and agreed to a $30 million equipmenrt loan facility, basically extending a...... on December 26, 2007 ...span three decades, including senior management and businesxs development postsat , Cupertino National Bank and Bridge Bank... by on Septembe 19, 2007 ...SVB Financial Group, the parenty of , said it will shut down its investmentybanking arm, SVB Alliant...... on July 20, 2007 ...totakl loans at $1 billion.
Comerica is a key rival of in courtingh venture capitalists and their portfolio Revenuein the...... by on May 11, 2007 ...SVBB Financial Group, the parent of , said Tuesday that its chief financial officer is resigningto return...... on Aprio 17, 2007 ...gases. "New Resource is in the right place at therighf time," said Roger Smith, former CEO of Bank and by on November 14, 2006 ...office. He was previously a vice presidentt and relationship managerwith 's technology lending The San Jose bank has offices on November 9, 2006 ...in San The also added prominent business leaders to its investor Roger Smith, former CEO of Bank and Mitch by on August 3, 2006 ...
SVB Financial Group, parent of , said that second-quarter earnings will take a hit due on July 17, 2006 ...Bank, who will be presidengt and CEO of the . Jones previously worked at Bank andComericas Bank. Daniel Yohannes, who was previously...... by on May 12, 2006 ...toi other facilities if a disaster shuts down BayArea , for instance, said earlierr this year that it will build a...... by on April 17, 2006 ... denies speculation that it's cutting jobs in costly California and......
by on Marcb 13, 2006
's reputation among Bay Area venture capitalists and theireportfolio companies...... by on June 12, 2009 ...Heitel, said the Bank and by on February 6, 2009 ...named HRJ Capita l Holdings. The Santa Clara-based holdingf company for (NASDAQ: SIVB) said in a government filing that it has onDecember 18, 2008 ... officialzs this week marked the grand opening of the by onJune 27, 2008 ...evemn as shareholders explained the power of onlinwe communication. Bay Area investment are in the business of helping their institutional clients spot such by onFebruary 18, 2008 ...First Presidenrt and CEO Robert Holmes hesitates to join the choruw declaring that...... by on January 28, 2008 ...
SVv , a longtime specialist in commerciaol banking forthe region's by on January 16, 2008 ...SVB said Mondayt that it formed a dedicated practice for cleantech, the...... on January 14, 2008 ...Exelixi s Inc. and agreed to a $30 million equipmenrt loan facility, basically extending a...... on December 26, 2007 ...span three decades, including senior management and businesxs development postsat , Cupertino National Bank and Bridge Bank... by on Septembe 19, 2007 ...SVB Financial Group, the parenty of , said it will shut down its investmentybanking arm, SVB Alliant...... on July 20, 2007 ...totakl loans at $1 billion.
Comerica is a key rival of in courtingh venture capitalists and their portfolio Revenuein the...... by on May 11, 2007 ...SVBB Financial Group, the parent of , said Tuesday that its chief financial officer is resigningto return...... on Aprio 17, 2007 ...gases. "New Resource is in the right place at therighf time," said Roger Smith, former CEO of Bank and by on November 14, 2006 ...office. He was previously a vice presidentt and relationship managerwith 's technology lending The San Jose bank has offices on November 9, 2006 ...in San The also added prominent business leaders to its investor Roger Smith, former CEO of Bank and Mitch by on August 3, 2006 ...
SVB Financial Group, parent of , said that second-quarter earnings will take a hit due on July 17, 2006 ...Bank, who will be presidengt and CEO of the . Jones previously worked at Bank andComericas Bank. Daniel Yohannes, who was previously...... by on May 12, 2006 ...toi other facilities if a disaster shuts down BayArea , for instance, said earlierr this year that it will build a...... by on April 17, 2006 ... denies speculation that it's cutting jobs in costly California and......
by on Marcb 13, 2006
Wednesday, December 19, 2012
ARI 3Q profits fall - The Business Journal of Milwaukee:
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Milwaukee-based ARI (OTCBB: a provider of electronic parts catalogs for the manufactureddequipment markets, said net income for the quartere ended April 30 fell 47.1 percenyt to $226,000, or 3 cents per share, compared with or 6 cents per share, for the same period a year ago. Befores income taxes and other operating incomefell 34.9 percent to $278,000 from $427,000. Revenue increased to $4.17 million from $4.165 million. The firm reported strong sales of new marketinhg services and high levels of renewals for marketingh services andcatalog subscriptions, said president and CEO Roy A decline in professional services revenue partiallyg offset those sales gains.
For the nine monthsa ended April 30, net income fell 46.5 percentg to $538,000, or 8 cents per compared with $1.01 million, or 14 cents per the year before. Revenue decreased 2.5 percent to $12.29 milliobn from $12.6 million.
Milwaukee-based ARI (OTCBB: a provider of electronic parts catalogs for the manufactureddequipment markets, said net income for the quartere ended April 30 fell 47.1 percenyt to $226,000, or 3 cents per share, compared with or 6 cents per share, for the same period a year ago. Befores income taxes and other operating incomefell 34.9 percent to $278,000 from $427,000. Revenue increased to $4.17 million from $4.165 million. The firm reported strong sales of new marketinhg services and high levels of renewals for marketingh services andcatalog subscriptions, said president and CEO Roy A decline in professional services revenue partiallyg offset those sales gains.
For the nine monthsa ended April 30, net income fell 46.5 percentg to $538,000, or 8 cents per compared with $1.01 million, or 14 cents per the year before. Revenue decreased 2.5 percent to $12.29 milliobn from $12.6 million.
Monday, December 17, 2012
Four ownership groups show interest in Coyotes, sale could keep NHL team in Glendale - Minneapolis / St. Paul Business Journal:
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NHL court filings with the U.S Bankruptcyg Court handling the Coyotes Chapter 11 bankruptct protection include a list of possibles owners that would keep the teamin Arizona. They Howard Sokolowski and David Cynamon, owneras of the Canadian Football League's Toronto Chicago White Sox ownerJerry Reinsdorf; Coyotes minority owner John Breslow; and an unnamed Phoenix-arew business executive as possible bidders. Research in Motion CEO Jim Balsillie already hasa $213 million offer on the tablse for the Coyotes and would move the team to Ontario. The Coyotes have lost $316 million since moving to the Phoenix marketfrom Winnipeg, Canada, in 1996.
Balsillie's offer is expectee to be substantially greater than any offere to keep the teamin Glendale. RIM makesd Blackberry smartphones and Balsillie is a billionairde who has made offers for other NHL The NHL also got more legall back up Fridayfrom , the and Nationa Basketball Assocation. The professional sportd leagues argue in court filings that they should have control overfranchisez sales, moves and relocationsz in order to maintain the economic viability of their The NHL opposes Balsillie's effort to move the Phoeni franchise back to Canada.
Coyotes owner Jerry Moyesz also said in June 5 court filings thata $100 milion cash infusiobn he has put into the team should be treatedc as a debt the hockey team's reorganizationb should reimburse him for. Moyeas wants to sell the Coyotes to Balsilliwe who contends hockey is not financiallty viablein Glendale. Moyes' court filings also downplayeeda $750 million lease penalty the city of Glendale could file for if the Coyotes break theird 30-year lease at Jobing.com Arena. Moyes and Balsillie want the bankruptcyu court to discharge the lease as part ofthe team'w Chapter 11.
NHL court filings with the U.S Bankruptcyg Court handling the Coyotes Chapter 11 bankruptct protection include a list of possibles owners that would keep the teamin Arizona. They Howard Sokolowski and David Cynamon, owneras of the Canadian Football League's Toronto Chicago White Sox ownerJerry Reinsdorf; Coyotes minority owner John Breslow; and an unnamed Phoenix-arew business executive as possible bidders. Research in Motion CEO Jim Balsillie already hasa $213 million offer on the tablse for the Coyotes and would move the team to Ontario. The Coyotes have lost $316 million since moving to the Phoenix marketfrom Winnipeg, Canada, in 1996.
Balsillie's offer is expectee to be substantially greater than any offere to keep the teamin Glendale. RIM makesd Blackberry smartphones and Balsillie is a billionairde who has made offers for other NHL The NHL also got more legall back up Fridayfrom , the and Nationa Basketball Assocation. The professional sportd leagues argue in court filings that they should have control overfranchisez sales, moves and relocationsz in order to maintain the economic viability of their The NHL opposes Balsillie's effort to move the Phoeni franchise back to Canada.
Coyotes owner Jerry Moyesz also said in June 5 court filings thata $100 milion cash infusiobn he has put into the team should be treatedc as a debt the hockey team's reorganizationb should reimburse him for. Moyeas wants to sell the Coyotes to Balsilliwe who contends hockey is not financiallty viablein Glendale. Moyes' court filings also downplayeeda $750 million lease penalty the city of Glendale could file for if the Coyotes break theird 30-year lease at Jobing.com Arena. Moyes and Balsillie want the bankruptcyu court to discharge the lease as part ofthe team'w Chapter 11.
Saturday, December 15, 2012
Campaigner Named as ACT's Aussie of the Year - Pro Bono Australia
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Campaigner Named as ACT's Aussie of the Year Pro Bono Australia Finalists for the ACT Australian of the Year included Gordon Gregory OAM â€" rural health advocate, Libby Lloyd AM â€" human rights activist and Dr Ken Henry AC â€" government advisor. “The Australian of the Year Awards allows us to take time to focus on the ... |
Thursday, December 13, 2012
Dyadic settles lawsuit, signs licensing deal - South Florida Business Journal:
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The deal, announced Wednesday, puts Dyadic’sw research relationship developing biofuelzs withthe St. Louis-based company back on The companies hope the work will lead to an efficient way to producecellulosic ethanol, which comes from agricultural waste, rathedr than food crops. Abengoz signed a research and development agreemenft to workwith Dyadic’s C1 technology platforj in 2006, and invested $10 millionn in Dyadic (Pink Sheets: stock. However, Dyadic's board firede founder and CEO Mark Emalfarb in 2007 amid anaccountinb scandal.
Abengoa then filed a lawsuit in Palm Beach Countyu Circuit Court for breachof contract, alleging that its investment was based on false financial Emalfarb, Dyadic’s largest shareholder, regainec his position as CEO last June after winning a legal challenge and a shareholder vote. Dyadic againsrt the law firms and accounting alleging they were responsible for improperly removing Emalfarv and harmingthe company. Meanwhile, Emalfarb has set out to repairf the relationshipsat Dyadic. On April 20, the company said it receivee thefirst $10 millio from Redwood City, Calif.-based Codexis under a non-exclusive licensing deal for C1. Codexis also is working with ondevelopiny biofuels.
Emalfarb said he could not reveakl the financial terms of thenew non-exclusivwe licensing deal for the same technology with However, he said Dyadic could earn facility fees and royalthy fees should Abengoa commercialize the technology. “This is more validationb that the science has continued tomove forward,” Emalfarb said. “The y will take the technology from this poinf and move it either on their own or with helpfrom
The deal, announced Wednesday, puts Dyadic’sw research relationship developing biofuelzs withthe St. Louis-based company back on The companies hope the work will lead to an efficient way to producecellulosic ethanol, which comes from agricultural waste, rathedr than food crops. Abengoz signed a research and development agreemenft to workwith Dyadic’s C1 technology platforj in 2006, and invested $10 millionn in Dyadic (Pink Sheets: stock. However, Dyadic's board firede founder and CEO Mark Emalfarb in 2007 amid anaccountinb scandal.
Abengoa then filed a lawsuit in Palm Beach Countyu Circuit Court for breachof contract, alleging that its investment was based on false financial Emalfarb, Dyadic’s largest shareholder, regainec his position as CEO last June after winning a legal challenge and a shareholder vote. Dyadic againsrt the law firms and accounting alleging they were responsible for improperly removing Emalfarv and harmingthe company. Meanwhile, Emalfarb has set out to repairf the relationshipsat Dyadic. On April 20, the company said it receivee thefirst $10 millio from Redwood City, Calif.-based Codexis under a non-exclusive licensing deal for C1. Codexis also is working with ondevelopiny biofuels.
Emalfarb said he could not reveakl the financial terms of thenew non-exclusivwe licensing deal for the same technology with However, he said Dyadic could earn facility fees and royalthy fees should Abengoa commercialize the technology. “This is more validationb that the science has continued tomove forward,” Emalfarb said. “The y will take the technology from this poinf and move it either on their own or with helpfrom
Wednesday, December 12, 2012
Stanford, Canary Foundation plan $20M cancer center - Kansas City Business Journal:
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Canary Foundation is pledging $15 million toware the center, doubling its earlied commitment to support early detection research at the Themedical school, together with the school's Departmengt of Radiology, is committing $5 millionj through faculty recruitments, research facilities, and othed infrastructure. The center will be led by Dr. Sanjig Sam Gambhir and will include new facultyu hires in both ex vivo and invivo diagnostics.
The centetr is located in a newly renovated Schoolk of Medicine building on California Avenue in Palo Alto and it will have stronb ties to the NationalCancer Institute-designated Stanforf Cancer Center with a view towardes translating the early detection research into clinical Canary Foundation is a non-profit dedicated to the goal of identifyinfg cancer early through a simple blood test and then isolating it with imaging.
Sincre 2004, Canary has raised over $30 million to support early detection
Canary Foundation is pledging $15 million toware the center, doubling its earlied commitment to support early detection research at the Themedical school, together with the school's Departmengt of Radiology, is committing $5 millionj through faculty recruitments, research facilities, and othed infrastructure. The center will be led by Dr. Sanjig Sam Gambhir and will include new facultyu hires in both ex vivo and invivo diagnostics.
The centetr is located in a newly renovated Schoolk of Medicine building on California Avenue in Palo Alto and it will have stronb ties to the NationalCancer Institute-designated Stanforf Cancer Center with a view towardes translating the early detection research into clinical Canary Foundation is a non-profit dedicated to the goal of identifyinfg cancer early through a simple blood test and then isolating it with imaging.
Sincre 2004, Canary has raised over $30 million to support early detection
Tuesday, December 11, 2012
Christmas songs advent calendar: Day 11. Saint Etienne - I Was Born on ... - Telegraph.co.uk
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Telegraph.co.uk | Christmas songs advent calendar: Day 11. Saint Etienne - I Was Born on ... Telegraph.co.uk Most Brit Poppers were too cool for school to release a Christmas song, but it was a perfect subject for the sweetly nostalgic Saint Etienne in 1993. Tim Burgess from the Charlatans duets with Sarah Cracknell on a wistfully romantic but strange number ... |
Sunday, December 9, 2012
N.Y attorney general ends BofA probe - Business First of Buffalo:
sunrise-invoices.blogspot.com
Cuomo says the banks have and will continue to providre liquidityto investors. Last October, agreed to buy back as much as $4.7 billiobn in auction-rate securities it sold to about 5,50o0 investors, small businesses and smal charities before the market collapsedx inFebruary 2008. According to the Securities andExchange Commission, the settlement also required BofA to “use its best to provide up to $5 billionn in liquidity to businesses and institutionak investors with accounts valued at $15 million or and charities with accounts valued at $25 millionj or more.
The agreement resolved allegations that securities dealers made misrepresentations to customers duringy salesof auction-rate securities aboutg their safety and liquidity. Auction-rate securities have interest ratexs that are reset at weekly or monthlyt auctions run by investment The $330 billion market collapsed last year, when investors becamr alarmed at the prospects of the abilitty of corporate borrowers covering debt service on the securities. Many were left with securitiesw they could not sell intothe Charlotte-based BofA (NYSE:BAC) neither admitted nor denied wrongdoing.
The SEC also has finalized a settlement with BofA overthe
Cuomo says the banks have and will continue to providre liquidityto investors. Last October, agreed to buy back as much as $4.7 billiobn in auction-rate securities it sold to about 5,50o0 investors, small businesses and smal charities before the market collapsedx inFebruary 2008. According to the Securities andExchange Commission, the settlement also required BofA to “use its best to provide up to $5 billionn in liquidity to businesses and institutionak investors with accounts valued at $15 million or and charities with accounts valued at $25 millionj or more.
The agreement resolved allegations that securities dealers made misrepresentations to customers duringy salesof auction-rate securities aboutg their safety and liquidity. Auction-rate securities have interest ratexs that are reset at weekly or monthlyt auctions run by investment The $330 billion market collapsed last year, when investors becamr alarmed at the prospects of the abilitty of corporate borrowers covering debt service on the securities. Many were left with securitiesw they could not sell intothe Charlotte-based BofA (NYSE:BAC) neither admitted nor denied wrongdoing.
The SEC also has finalized a settlement with BofA overthe
Friday, December 7, 2012
Britain Sees Decline in Christmas Birds Like Doves - ABC News
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Britain Sees Decline in Christmas Birds Like Doves ABC News Britain's Royal Society for Protection of Birds says the two icons of the Christmas song â€" grey partridges and turtle doves â€" are in alarming decline. It said authorities should act to prevent them from becoming just distant memories within the famed ... |
Wednesday, December 5, 2012
U wants to ban alcohol from stadium - Washington Business Journal:
erofeyporgrinin.blogspot.com
Earlier plans for the which will hold its first Gophers football gameon 12, would have allowed alcohol sales in the more expensivr premium seating, but not in generapl seating. Bruininks’ move comes aftedr the Minnesota Legislatureand Gov. Tim Pawlenty made a new law requiriny thatall of-age game attendees have equal access to “Unfortunately, this new legislation leaves us with only two to become the only Big Ten campuds in the country to sell alcohoo throughout its football stadium, or to not sell alcoholk at all,” said Bruininks in a statement. “Outr values do not change even if ourpland must.
We have never sold alcoholp at student-oriented on-campus events in the past, and I do not recommenx we start now.” The university’s Boare of Regents will consider the proposal and will likely take action at a June 24 If the regentsapprovwe Bruininks’ request, Williams Arena and Mariucci Arena will also be alcohol-free on game Currently, alcohol is served in some aread of those arenas on game day. The universithy acknowledged the alcohol ban will have somefinancial impact, but it has not yet assesse d how much.
Earlier plans for the which will hold its first Gophers football gameon 12, would have allowed alcohol sales in the more expensivr premium seating, but not in generapl seating. Bruininks’ move comes aftedr the Minnesota Legislatureand Gov. Tim Pawlenty made a new law requiriny thatall of-age game attendees have equal access to “Unfortunately, this new legislation leaves us with only two to become the only Big Ten campuds in the country to sell alcohoo throughout its football stadium, or to not sell alcoholk at all,” said Bruininks in a statement. “Outr values do not change even if ourpland must.
We have never sold alcoholp at student-oriented on-campus events in the past, and I do not recommenx we start now.” The university’s Boare of Regents will consider the proposal and will likely take action at a June 24 If the regentsapprovwe Bruininks’ request, Williams Arena and Mariucci Arena will also be alcohol-free on game Currently, alcohol is served in some aread of those arenas on game day. The universithy acknowledged the alcohol ban will have somefinancial impact, but it has not yet assesse d how much.
Tuesday, December 4, 2012
Best Overseas Retirement Options For 2013 - U.S. News & World Report (blog)
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Best Overseas Retirement Options For 2013 U.S. News & World Report (blog) The world's top retirement haven? In truth, there's no such thing. There are many appealing options for a new life in retirement overseas. Considering them can leave you feeling spoiled for choice, and overwhelmed when trying to make a decision. It ... |
Monday, December 3, 2012
Hawaiian Telcom files reorganization plan - Pacific Business News (Honolulu):
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The company, which filed for Chapted 11 bankruptcyin December, said the steeringy committee representing those who hold claims under the company’ds secured credit agreement supports the plan. “Ther filing of the plan and disclosuree statement is an important achievement in ourrestructuriny efforts,” said Eric K. Yeaman, Hawaiian Telcom’s presidenft and CEO, in a statement. “The plan provides for a significantlh deleveragedcapital structure, and the terms of the new debt give us greatef financial flexibility to executde our business plan and invesf in new products, better positioningh the company for future success.
” A hearing to consider approval of the disclosure statement has been tentativel scheduled for July 23. The plan includes the conversion ofapproximately $590 million of the company’a senior secured credit facility and swap liabilitieas into the new equity of the reorganizeds company and a new $300 millionh senior secured term loan maturing in five Holders of $350 million in senior notess will get warrants to buy 12.75 percent of the reorganized company’s new equity and subscriptio n rights to buy new equity up to $50 million.
The compangy said it expects to emerge from Chapte r 11with $30 million undrawn revolvinbg credit facility and at least $45 million of cash on Hawaiian Telcom is owned by , a D.C.-based private equity group. Carlylde bought the assets of in May 2005for $1.6 and began operating independently with its own systems in April 2006. The plan and diclosurer statementare .
The company, which filed for Chapted 11 bankruptcyin December, said the steeringy committee representing those who hold claims under the company’ds secured credit agreement supports the plan. “Ther filing of the plan and disclosuree statement is an important achievement in ourrestructuriny efforts,” said Eric K. Yeaman, Hawaiian Telcom’s presidenft and CEO, in a statement. “The plan provides for a significantlh deleveragedcapital structure, and the terms of the new debt give us greatef financial flexibility to executde our business plan and invesf in new products, better positioningh the company for future success.
” A hearing to consider approval of the disclosure statement has been tentativel scheduled for July 23. The plan includes the conversion ofapproximately $590 million of the company’a senior secured credit facility and swap liabilitieas into the new equity of the reorganizeds company and a new $300 millionh senior secured term loan maturing in five Holders of $350 million in senior notess will get warrants to buy 12.75 percent of the reorganized company’s new equity and subscriptio n rights to buy new equity up to $50 million.
The compangy said it expects to emerge from Chapte r 11with $30 million undrawn revolvinbg credit facility and at least $45 million of cash on Hawaiian Telcom is owned by , a D.C.-based private equity group. Carlylde bought the assets of in May 2005for $1.6 and began operating independently with its own systems in April 2006. The plan and diclosurer statementare .
Saturday, December 1, 2012
Report: Sunbelt states may outpace recovery - Jacksonville Business Journal:
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Though the quarterly economic repor issued June 23 by notedthat “thed worst is behind us,” each state’s recovery will hingwe on how well that state is able to assimilatde its portion of the federal stimulus among other factors. “At the moment, the economy is stilll contracting, so we expect to see negativde GDP growth in theseconsd quarter, but at a slowee pace than in (the first said Nathaniel Karp, the bank’z U.S. chief economist.
“Consumption, however, is expecte to lead the resurgence in economidc activity in the seconrd half of the but the highunemployment rate, the greater propensit to save and the high degree of uncertaintyu regarding the impact of the fiscalo stimulus package could present riskz to this scenario.” The study covered economic activity in Arizona, Colorado, Florida, Alabama and New Mexico, the six statez in which BBVA Compass operates.
Though the quarterly economic repor issued June 23 by notedthat “thed worst is behind us,” each state’s recovery will hingwe on how well that state is able to assimilatde its portion of the federal stimulus among other factors. “At the moment, the economy is stilll contracting, so we expect to see negativde GDP growth in theseconsd quarter, but at a slowee pace than in (the first said Nathaniel Karp, the bank’z U.S. chief economist.
“Consumption, however, is expecte to lead the resurgence in economidc activity in the seconrd half of the but the highunemployment rate, the greater propensit to save and the high degree of uncertaintyu regarding the impact of the fiscalo stimulus package could present riskz to this scenario.” The study covered economic activity in Arizona, Colorado, Florida, Alabama and New Mexico, the six statez in which BBVA Compass operates.
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