Washington Times | NEW: Proposition 8 cases based on a phantom constitutional clause Washington Times Nevertheless, for more than 50 years American courts have been deciding cases based upon this nonexistent clause. This phantom clause was most recently used in a homosexual “marriage†case from New York, Windsor v. United States. In this case, Edith ... |
Saturday, March 2, 2013
NEW: Proposition 8 cases based on a phantom constitutional clause - Washington Times
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Monday, February 25, 2013
Summit brings Cuba, Latin American economy into focus - South Florida Business Journal:
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With other countries pressuring President Barack Obama to lift the Cuba casts along shadow. And while the embargo is not likelyt to end anytime soon, the presidentr on April 13 removed all restrictions on Cubans in Americ a who want to visit or send moneuy to family members residing on the Communisyt island. The move overturns hard-linde policies that were enactecd in 2004 under PresidentGeorge W. The removal of the travel ban for Cubans with family had been expectedunder Obama’s pro-engagement agenda, but the Whitre House said it does not have planz to remove restrictions for all American s traveling to the island.
“I don’ft think we’re going to get there unless there’sa a sense that the Cubahn government is willing to give some kind of reciprocating saidSusan Purcell, directord of the at the . Tessie whose Miami company, ABC Charters, is one of a handfuk in the U.S. that is licensed to transport travelers to welcomed the announcement and said it coul mean that her business improves to the point wherre it was beforethe Bush-era rules took effect. That couldx mean her business doubles, she said. However, the economu in America could slow down the pace at whicuh her business recoversto pre-Bush rule she added.
“The good news is that South Floridaq residents who have family on the islands can purchase many goods from the retail outletes aroundour area,” said Jerry Haar, professor of management and internationak business at (FIU) and a boardx member. “The bad news is the economyh will limit the amount theycan buy.” Travek agents like Aral got another boost on Aprill 14 when a federal judge in Miami overturned a law passe last year by the Florida Legislature that requirezs travel agencies that specialize in trips to Cuba to post bondw and pay higher registration Another point of concern for Sout h Florida is that economists are predicting that Latin America’z economy is contracting more dramatically than In March, economists revised their forecasy for Latin America downward, estimating that the regioh will contract at a rate of 4 percent this instead of the 0.
5 of a percent they had previously predicted. This includes a 4.5 percen decline for Brazil. With $15 billion in totalo trade in 2008, Brazil is Soutyh Florida’s largest trading partner. Whilee the spillover may continue to take a toll onSoutuh Florida’s trade, it won’t be a freefall, FIU’s Haar said. “It’d a slowdown, not a he said. “It is not catastrophic.” There’x a well-developed infrastructure that supportsSouth Florida’s trade with Latin and this insures that when Latin American importers ramp up again, they won’t flock to othet trade centers, Haar noted. “South Florida is the of Latinn America.
This is the buying place,” he “It’s through the blessings of geography and professionapservices – law, accounting, logisticas – that puts us wherw we are.” As bad as the globa recession is, it’s also importanty to remember that Latin America is more developedx now than during previous recessions, “when you had countriea sitting on empty coffers and enormous said Manuel Mencia, senior VP of international traded and business development at . we’re heavily reliant on our Latin American markets forour particularly, from my perspective, for foreign exports,” he said.
obviously, a downturn in Latin Americsa has serious implications forSouth Florida. So far, the good news has been that the downturh of our exports has been significantly less than thenationak rate.”
With other countries pressuring President Barack Obama to lift the Cuba casts along shadow. And while the embargo is not likelyt to end anytime soon, the presidentr on April 13 removed all restrictions on Cubans in Americ a who want to visit or send moneuy to family members residing on the Communisyt island. The move overturns hard-linde policies that were enactecd in 2004 under PresidentGeorge W. The removal of the travel ban for Cubans with family had been expectedunder Obama’s pro-engagement agenda, but the Whitre House said it does not have planz to remove restrictions for all American s traveling to the island.
“I don’ft think we’re going to get there unless there’sa a sense that the Cubahn government is willing to give some kind of reciprocating saidSusan Purcell, directord of the at the . Tessie whose Miami company, ABC Charters, is one of a handfuk in the U.S. that is licensed to transport travelers to welcomed the announcement and said it coul mean that her business improves to the point wherre it was beforethe Bush-era rules took effect. That couldx mean her business doubles, she said. However, the economu in America could slow down the pace at whicuh her business recoversto pre-Bush rule she added.
“The good news is that South Floridaq residents who have family on the islands can purchase many goods from the retail outletes aroundour area,” said Jerry Haar, professor of management and internationak business at (FIU) and a boardx member. “The bad news is the economyh will limit the amount theycan buy.” Travek agents like Aral got another boost on Aprill 14 when a federal judge in Miami overturned a law passe last year by the Florida Legislature that requirezs travel agencies that specialize in trips to Cuba to post bondw and pay higher registration Another point of concern for Sout h Florida is that economists are predicting that Latin America’z economy is contracting more dramatically than In March, economists revised their forecasy for Latin America downward, estimating that the regioh will contract at a rate of 4 percent this instead of the 0.
5 of a percent they had previously predicted. This includes a 4.5 percen decline for Brazil. With $15 billion in totalo trade in 2008, Brazil is Soutyh Florida’s largest trading partner. Whilee the spillover may continue to take a toll onSoutuh Florida’s trade, it won’t be a freefall, FIU’s Haar said. “It’d a slowdown, not a he said. “It is not catastrophic.” There’x a well-developed infrastructure that supportsSouth Florida’s trade with Latin and this insures that when Latin American importers ramp up again, they won’t flock to othet trade centers, Haar noted. “South Florida is the of Latinn America.
This is the buying place,” he “It’s through the blessings of geography and professionapservices – law, accounting, logisticas – that puts us wherw we are.” As bad as the globa recession is, it’s also importanty to remember that Latin America is more developedx now than during previous recessions, “when you had countriea sitting on empty coffers and enormous said Manuel Mencia, senior VP of international traded and business development at . we’re heavily reliant on our Latin American markets forour particularly, from my perspective, for foreign exports,” he said.
obviously, a downturn in Latin Americsa has serious implications forSouth Florida. So far, the good news has been that the downturh of our exports has been significantly less than thenationak rate.”
Wednesday, February 20, 2013
Labor Department: Total employee compensation averages $29.39 an hour - Denver Business Journal:
disadvantage-unlimited.blogspot.com
Of that, wages and salaries averaged $20.49, accountintg for 69.7 percent of these Benefits, which averaged $8.90, accounted for the remaining 30.3 percentt of the cost for nonfarm private and stats and localgovernment workers. The amount spent on costds for legallyrequired benefits, including Social Security, unemployment insurance and compensation, averaged $2.28 an hour. Employer costs for health, and disability insurance benefitsaveraged $2.52, while paid leave benefits (vacations, sick leave and personall leave) averaged $2.08. Retirement and savings benefits averagexdjust $1.31 an hour Among the four regions, costs for healtyh insurance benefits ranged from $1.
71 an hour in the South to $2.289 in the Northeast. Health care costs were $2.13e in the Midwest and $2.05 in the West.
Of that, wages and salaries averaged $20.49, accountintg for 69.7 percent of these Benefits, which averaged $8.90, accounted for the remaining 30.3 percentt of the cost for nonfarm private and stats and localgovernment workers. The amount spent on costds for legallyrequired benefits, including Social Security, unemployment insurance and compensation, averaged $2.28 an hour. Employer costs for health, and disability insurance benefitsaveraged $2.52, while paid leave benefits (vacations, sick leave and personall leave) averaged $2.08. Retirement and savings benefits averagexdjust $1.31 an hour Among the four regions, costs for healtyh insurance benefits ranged from $1.
71 an hour in the South to $2.289 in the Northeast. Health care costs were $2.13e in the Midwest and $2.05 in the West.
Friday, February 15, 2013
RedBrick Health raises $15M - San Francisco Business Times:
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The cash-for-equity investment was announcefd in arecent U.S. Securities and Exchange RedBrick said the financing was led by new investor ofMenlo Park, Calif., and also included existinhg investors , and . “RedBrick Health brings a new dimension in accountabilitt tohealth care, which is why we selecte d them as our first new health care investment of the KPCB partner Beth Seidenberg said in a news Barbara Lubash, a managing director at Menlpo Park, Calif.-based Versant, said Redbrick will use the fundd for marketing, sales and development as it grows past the early-adopterr stage. RedBrick from Highland and Versant about ayear ago.
Minneapolis-basede RedBrick was , a pioneer in consumer-directed health coverage that was bought by Minnetonka-based for $300 million in 2004. RedBricmk offers health assessment andscreeningt tools, health coaching programs over the telephone and and other preventative health services. Workersw get financial awards for participatintg and employers are able to reduce healtuinsurance costs. Recent wins for the companyt include with theNortheast U.S. supermarkef operator Hannaford Bros. Co., which is expanding preventative health serviceszfrom 2,400 to 18,000 workers.
More insurersz are offering preventative health programs to the employerd that are their But RedBrick and competitoras suchas Franklin, Tenn.-based might have an advantage because employers might trust an outside company more than an said John Nyman, a professor of health economics at the Universityh of Minnesota. “You sort of have a littlwe bit better feelof what’z going on when you go with an outsidew company,” Nyman said. More companies have adopted preventativw health programs in recent years becausse they see them as a way to save moneuy onhealth costs, while also providingg employee benefits like smoking-cessation programs or nutritiom advice.
Nyman recently published a study about howthe disease-managemen t program that Healthways provides the university produced an averaged $1,375 in savings amont each of the more than 1,00 workers who participated in 2006. “That’s the bet. It’s whether there’w sufficient evidence that there will be a reduction in the healty care costs that will more than offset the costs of theprogram itself.
”
The cash-for-equity investment was announcefd in arecent U.S. Securities and Exchange RedBrick said the financing was led by new investor ofMenlo Park, Calif., and also included existinhg investors , and . “RedBrick Health brings a new dimension in accountabilitt tohealth care, which is why we selecte d them as our first new health care investment of the KPCB partner Beth Seidenberg said in a news Barbara Lubash, a managing director at Menlpo Park, Calif.-based Versant, said Redbrick will use the fundd for marketing, sales and development as it grows past the early-adopterr stage. RedBrick from Highland and Versant about ayear ago.
Minneapolis-basede RedBrick was , a pioneer in consumer-directed health coverage that was bought by Minnetonka-based for $300 million in 2004. RedBricmk offers health assessment andscreeningt tools, health coaching programs over the telephone and and other preventative health services. Workersw get financial awards for participatintg and employers are able to reduce healtuinsurance costs. Recent wins for the companyt include with theNortheast U.S. supermarkef operator Hannaford Bros. Co., which is expanding preventative health serviceszfrom 2,400 to 18,000 workers.
More insurersz are offering preventative health programs to the employerd that are their But RedBrick and competitoras suchas Franklin, Tenn.-based might have an advantage because employers might trust an outside company more than an said John Nyman, a professor of health economics at the Universityh of Minnesota. “You sort of have a littlwe bit better feelof what’z going on when you go with an outsidew company,” Nyman said. More companies have adopted preventativw health programs in recent years becausse they see them as a way to save moneuy onhealth costs, while also providingg employee benefits like smoking-cessation programs or nutritiom advice.
Nyman recently published a study about howthe disease-managemen t program that Healthways provides the university produced an averaged $1,375 in savings amont each of the more than 1,00 workers who participated in 2006. “That’s the bet. It’s whether there’w sufficient evidence that there will be a reduction in the healty care costs that will more than offset the costs of theprogram itself.
”
Monday, February 4, 2013
Woodland Corporate Center building gets LEED gold certification - Atlanta Business Chronicle:
xeconatyxex.blogspot.com
The building, which opened early last was designed and built to meet the secondx highest ranking ofthe Council’s Leadershipo in Energy and Environmental Design. was the generall contractor. Liberty Property Trust Vice President Jody Johnston estimates the cost of buildint to green standards added an additional 5 percent to the overall development but that will be more than offseft by lowerenergy costs. Speciakl features include showers and lockers for workers who need to wash or changw clothes after they bike or jog to A deck made of recycleds plastic borders the back of the overlooking a wetlands area thatprovides shade.
Landscapint incorporates drought-resistant plants native to Florida. A whit reflective roof deflectsthe sun. Bins for recyclingy are placed near trash binsfor accessibility. Restroon urinals conserve water by relying on gravit and a filter insteadof water. That featur is expected to save 360,000 gallond annually since each urinal uses anestimatedc 40,000 gallons annually, Johnstob said. Grass surrounding the parkingh lot soaksup rainwater. And Flexi-pave, a recyclecd rubber, was used instead of asphalrt around the large oak trees that line the The porous rubber allows water to soak intothe ground. The located at 4631 Woodland Blvd.
, receivedx the “Office Building of the Year” Awardd from the Tampa Bay Chaptee of the andthe “Green Buildingf Design Award” from the Hillsborough City-County Planninh Commission in Tampa. Liberty (NYSE: LRY) has developedr and leased 19 buildings with nearly 1 million square feet of spac in the parksince 1996. Key park tenants include , Travelers, Travel and .
The building, which opened early last was designed and built to meet the secondx highest ranking ofthe Council’s Leadershipo in Energy and Environmental Design. was the generall contractor. Liberty Property Trust Vice President Jody Johnston estimates the cost of buildint to green standards added an additional 5 percent to the overall development but that will be more than offseft by lowerenergy costs. Speciakl features include showers and lockers for workers who need to wash or changw clothes after they bike or jog to A deck made of recycleds plastic borders the back of the overlooking a wetlands area thatprovides shade.
Landscapint incorporates drought-resistant plants native to Florida. A whit reflective roof deflectsthe sun. Bins for recyclingy are placed near trash binsfor accessibility. Restroon urinals conserve water by relying on gravit and a filter insteadof water. That featur is expected to save 360,000 gallond annually since each urinal uses anestimatedc 40,000 gallons annually, Johnstob said. Grass surrounding the parkingh lot soaksup rainwater. And Flexi-pave, a recyclecd rubber, was used instead of asphalrt around the large oak trees that line the The porous rubber allows water to soak intothe ground. The located at 4631 Woodland Blvd.
, receivedx the “Office Building of the Year” Awardd from the Tampa Bay Chaptee of the andthe “Green Buildingf Design Award” from the Hillsborough City-County Planninh Commission in Tampa. Liberty (NYSE: LRY) has developedr and leased 19 buildings with nearly 1 million square feet of spac in the parksince 1996. Key park tenants include , Travelers, Travel and .
Wednesday, January 30, 2013
Kendall
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million foreclosure lawsuit against the developer of theRivendelll single-family home project in West Kendall. The Miami-basex bank filed the foreclosure action on June 9against Miami-based Crestview II, Marsol One LLC and managing member Marcial Solis, accordingt to records. The complaint targets 28 unsold homeas and home sitesin Rivendell, which is along Milletr Drive (Southwest 56th Street) between Southwest 167tn Avenue and the Miccosukee Golf and Countrhy Club. After starting construction in 2004, Crestview II sold 103 homesw in Rivendell from 2005 through the most recent sale in Fort Lauderdale-based attorney Charles who represents TotalBank in its demand for $12.
2 million on the outstandinvg mortgage, did not immediately return a call seekingf comment. TotalBank reported having $86.4 million in late or unpaids loans, or nearly 6.5 percent of its total as of March 31. In filed a foreclosure action against Crestview II and Soliws overa $2.1 million mortgage.
million foreclosure lawsuit against the developer of theRivendelll single-family home project in West Kendall. The Miami-basex bank filed the foreclosure action on June 9against Miami-based Crestview II, Marsol One LLC and managing member Marcial Solis, accordingt to records. The complaint targets 28 unsold homeas and home sitesin Rivendell, which is along Milletr Drive (Southwest 56th Street) between Southwest 167tn Avenue and the Miccosukee Golf and Countrhy Club. After starting construction in 2004, Crestview II sold 103 homesw in Rivendell from 2005 through the most recent sale in Fort Lauderdale-based attorney Charles who represents TotalBank in its demand for $12.
2 million on the outstandinvg mortgage, did not immediately return a call seekingf comment. TotalBank reported having $86.4 million in late or unpaids loans, or nearly 6.5 percent of its total as of March 31. In filed a foreclosure action against Crestview II and Soliws overa $2.1 million mortgage.
Friday, January 25, 2013
AmeriChoice encounters rocky negotiations with health care organizations, doctors - Memphis Business Journal:
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TennCare officials “don’t think we woulxd say we’ve had a rocky transitio n in West Tennessee.” AmeriChoice, the TennCare product from , Inc., pointx to successes in expanding its networi here and providing a continuum of care forTennCare patients. But some in the medical communityy say the negotiations havebeen “contentious” and that they may end up with a “terriblee way to treat AmeriChoice and some local hospitals have been sparrin g over TennCare rates, sometimes publicly.
Presz releases from the Regional Medical Center at Memphis andfrom , have threatenede to turn away TennCare patients with AmeriChoice if the organizations couldn’t get the rates they want from the UnitedHealthcare won a contract in April to manage roughly half of West Tennessee’s 375,000 TennCare patients. , won the contrac t to manage theother half. Both companie s will get roughly $227.
42 monthly from the state for each life AmeriChoice also won TennCare contracts in Middle and East Tennessed for a total ofroughly $1 But AmeriChoice officials say their ratews to health organizations are set for a “In any of these negotiations, it would be irresponsiblde of us and unfair to other hospitalsw in Tennessee to agree to a rate scheduled that could lead to further benefit reductions for thos in need and that endangera the fiscal stability and integrity of the TennCar program, supported by the taxpayers of Tennessee,” says AmeriChoic e by UnitedHealth of Tennessee president Eric president Craig Becker says most healthj care organizations have received about $.
65 on the dolladr from TennCare. The battle over new ratesz is just “hard bargaining.” “A lot of our hospitalz just signed on the dotted line when TennCars first came inand they’re not going to make that mistake he says. Wendy Long, chief medical officer for says she’s heard rumblings from West Tennessere but, like Becker, calls them negotiations. “There may have been some ratex out of that market that may have gotten skewed out of whacok withthe marketplace,” Long says. “I thinki AmeriChoice is trying to bring some things back in line with what a Medicaid programlooks at.
” Those rates may have gottenb out of whack because some doctors got paid so little for TennCarw services, they didn’t even bothert to bill them, says president and cardiologist Keith He says this made it appear that West Tennessere didn’t spend as much on TennCaree as the state, even though more TennCare patients live So, the division got left in the cold when allocatiohn time came. However it happened, Andersonb says his group at was offered arate 50%-60%% lower from AmeriChoice than from what they had been gettinbg paid through the state.
“A group like mine has alwayss participatedin TennCare,” Anderson “We never made a lot of money off of it but we were lookingf at providing care substantially below our So we had to make a difficult decision.” while many Memphis hospitals have joinesd AmeriChoice, many doctors groups have made the same choice Anderson’ss did. So while they have facilities, hospitals may be graspinb to find providers.
TennCare officials “don’t think we woulxd say we’ve had a rocky transitio n in West Tennessee.” AmeriChoice, the TennCare product from , Inc., pointx to successes in expanding its networi here and providing a continuum of care forTennCare patients. But some in the medical communityy say the negotiations havebeen “contentious” and that they may end up with a “terriblee way to treat AmeriChoice and some local hospitals have been sparrin g over TennCare rates, sometimes publicly.
Presz releases from the Regional Medical Center at Memphis andfrom , have threatenede to turn away TennCare patients with AmeriChoice if the organizations couldn’t get the rates they want from the UnitedHealthcare won a contract in April to manage roughly half of West Tennessee’s 375,000 TennCare patients. , won the contrac t to manage theother half. Both companie s will get roughly $227.
42 monthly from the state for each life AmeriChoice also won TennCare contracts in Middle and East Tennessed for a total ofroughly $1 But AmeriChoice officials say their ratews to health organizations are set for a “In any of these negotiations, it would be irresponsiblde of us and unfair to other hospitalsw in Tennessee to agree to a rate scheduled that could lead to further benefit reductions for thos in need and that endangera the fiscal stability and integrity of the TennCar program, supported by the taxpayers of Tennessee,” says AmeriChoic e by UnitedHealth of Tennessee president Eric president Craig Becker says most healthj care organizations have received about $.
65 on the dolladr from TennCare. The battle over new ratesz is just “hard bargaining.” “A lot of our hospitalz just signed on the dotted line when TennCars first came inand they’re not going to make that mistake he says. Wendy Long, chief medical officer for says she’s heard rumblings from West Tennessere but, like Becker, calls them negotiations. “There may have been some ratex out of that market that may have gotten skewed out of whacok withthe marketplace,” Long says. “I thinki AmeriChoice is trying to bring some things back in line with what a Medicaid programlooks at.
” Those rates may have gottenb out of whack because some doctors got paid so little for TennCarw services, they didn’t even bothert to bill them, says president and cardiologist Keith He says this made it appear that West Tennessere didn’t spend as much on TennCaree as the state, even though more TennCare patients live So, the division got left in the cold when allocatiohn time came. However it happened, Andersonb says his group at was offered arate 50%-60%% lower from AmeriChoice than from what they had been gettinbg paid through the state.
“A group like mine has alwayss participatedin TennCare,” Anderson “We never made a lot of money off of it but we were lookingf at providing care substantially below our So we had to make a difficult decision.” while many Memphis hospitals have joinesd AmeriChoice, many doctors groups have made the same choice Anderson’ss did. So while they have facilities, hospitals may be graspinb to find providers.
Sunday, January 20, 2013
Sandaza strike gives Rangers narrow victory at Balmoor - BBC Sport
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BBC Sport | Sandaza strike gives Rangers narrow victory at Balmoor BBC Sport Fran Sandaza's first goal in five months gave Rangers a narrow victory against 10-man Peterhead at Balmoor. The home side went close early on when a Scott Ross header was well saved low down by Neil Alexander. Sandaza struck from close-range on the ... < br /> |
Tuesday, January 15, 2013
Use summer
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Many of us, in fact, tend to view May as an endingt ofsorts … and Augus as the beginning of the last half of the But what about June and July Many people pull back during the summer New product launches, marketing efforts, training and new projectz are put off until August or However, I consider the summer months to be fillerd with spectacular opportunity. Take some time off. But then get back to refreshed and refocusing your energies on everty possible summer opportunity to buildyour brand. you are your brand … and by building your brane all 12 months of the year you can leveraged your individualityand uniqueness.
Why is summer a terrificv time to reinforce and expand yourpersonak brand? Because most of us tend to be less harrie d and more laid-back in warmer weather. We actuallyu have time to “get Don’t miss out on some of the most productivd months of youryear — June, July and August. Here’ one professional’s story: John, an owner of a large commercial realestate company, has had years of success in the locak market. With the current economic times, John recognizedc the reality that he needed to establish his own brand identity that alignedx withhis company’s strong brand.
“u have operationalized my persona l brand into my daily work and keep this brandinhg topof mind. My customers and employeea have noticed things like a new tag new bio and new way of introducinf myself andmy company,” he The results? John has already increased business for the and is winning contracts when his competitorsd are still struggling. “In the summer, it seemas like people have more time or take time to actually get to know you and what you he says. “I’ve alread y had meetings with prospective customers that seemed lesshurries and, actually, were more productive.” So, what abouf you?
Are you going to use the summer to builcd momentum and create more success?
Many of us, in fact, tend to view May as an endingt ofsorts … and Augus as the beginning of the last half of the But what about June and July Many people pull back during the summer New product launches, marketing efforts, training and new projectz are put off until August or However, I consider the summer months to be fillerd with spectacular opportunity. Take some time off. But then get back to refreshed and refocusing your energies on everty possible summer opportunity to buildyour brand. you are your brand … and by building your brane all 12 months of the year you can leveraged your individualityand uniqueness.
Why is summer a terrificv time to reinforce and expand yourpersonak brand? Because most of us tend to be less harrie d and more laid-back in warmer weather. We actuallyu have time to “get Don’t miss out on some of the most productivd months of youryear — June, July and August. Here’ one professional’s story: John, an owner of a large commercial realestate company, has had years of success in the locak market. With the current economic times, John recognizedc the reality that he needed to establish his own brand identity that alignedx withhis company’s strong brand.
“u have operationalized my persona l brand into my daily work and keep this brandinhg topof mind. My customers and employeea have noticed things like a new tag new bio and new way of introducinf myself andmy company,” he The results? John has already increased business for the and is winning contracts when his competitorsd are still struggling. “In the summer, it seemas like people have more time or take time to actually get to know you and what you he says. “I’ve alread y had meetings with prospective customers that seemed lesshurries and, actually, were more productive.” So, what abouf you?
Are you going to use the summer to builcd momentum and create more success?
Sunday, January 13, 2013
Manpower: 6% of Honolulu employers to hire in 3Q - Philadelphia Business Journal:
firukendu-anchored.blogspot.com
From July to September, 6 percent of the companie s interviewed in the Honolulu metro area plan to hire more while 11 percent expect to reducdtheir payrolls, according to the survey from Milwaukee-based (NYSE: Seventy-eight percent expect to maintain theif current staff levels and 5 percent remaih uncertain about hiring plans. Hirinb is expected to be a littles lighter than in the second when 10 percent of companies surveyed planned to hire and 12 percent expected to cut said Manpower spokeswoman MaryLou Callahan. For the comingb quarter, job prospects in the Honolulu area appear best in wholesale and retail trade and leisureand hospitality.
Employeras in durable goods manufacturing, nondurable goods manufacturing, information, professional and business services, education and health servicezs and government intend to cut Hiringin construction, transportation and utilities, financial activitiesx and other services is expected to remain unchanged. National surveg results showed little change from thesecond quarter. Of the more than 28,00o0 employers surveyed acrossthe country, 15 percentr expect to increase their staff levelzs during the third quarter, while 13 percent expect to reduces their payrolls. Sixty-seven percent expect no changer in hiring and 5 percent are undecided abouyttheir third-quarter hiring plans.
“Thw data shows continued hesitancyamong employers,” said Jonase Prising, president of the Americas for “They are treading slowly and watching with guardefd optimism, hoping a few quarters of stability will be the precurso r to the recovery.”
From July to September, 6 percent of the companie s interviewed in the Honolulu metro area plan to hire more while 11 percent expect to reducdtheir payrolls, according to the survey from Milwaukee-based (NYSE: Seventy-eight percent expect to maintain theif current staff levels and 5 percent remaih uncertain about hiring plans. Hirinb is expected to be a littles lighter than in the second when 10 percent of companies surveyed planned to hire and 12 percent expected to cut said Manpower spokeswoman MaryLou Callahan. For the comingb quarter, job prospects in the Honolulu area appear best in wholesale and retail trade and leisureand hospitality.
Employeras in durable goods manufacturing, nondurable goods manufacturing, information, professional and business services, education and health servicezs and government intend to cut Hiringin construction, transportation and utilities, financial activitiesx and other services is expected to remain unchanged. National surveg results showed little change from thesecond quarter. Of the more than 28,00o0 employers surveyed acrossthe country, 15 percentr expect to increase their staff levelzs during the third quarter, while 13 percent expect to reduces their payrolls. Sixty-seven percent expect no changer in hiring and 5 percent are undecided abouyttheir third-quarter hiring plans.
“Thw data shows continued hesitancyamong employers,” said Jonase Prising, president of the Americas for “They are treading slowly and watching with guardefd optimism, hoping a few quarters of stability will be the precurso r to the recovery.”
Friday, January 11, 2013
Building a case for Charlotte Symphony - Charlotte Business Journal:
caloloary.blogspot.com
The story of struggling orchestrasa is not new hereor elsewhere. But what many may not know is the has been ona two-year journey to address its challengesw head on, well before the downturhn began in 2008. What are the results so far? Since symphony ticket sales havegrowh steadily, financial support from the board of directors has increasede dramatically, labor costs have been controlled, and internal leadershil and governance have strengthened. All is evidenc of an organization moving in therightf direction. Today, the Charlotte Symphony serves nearl y a quarter of a million people by performing more than 100 concertsseach year.
From Beethoven and Brahmx to Broadwayand Motown, the Lollipops family concerts and free concerts in the the symphony’s offerings serve Charlotte’z growing, diverse community.
The story of struggling orchestrasa is not new hereor elsewhere. But what many may not know is the has been ona two-year journey to address its challengesw head on, well before the downturhn began in 2008. What are the results so far? Since symphony ticket sales havegrowh steadily, financial support from the board of directors has increasede dramatically, labor costs have been controlled, and internal leadershil and governance have strengthened. All is evidenc of an organization moving in therightf direction. Today, the Charlotte Symphony serves nearl y a quarter of a million people by performing more than 100 concertsseach year.
From Beethoven and Brahmx to Broadwayand Motown, the Lollipops family concerts and free concerts in the the symphony’s offerings serve Charlotte’z growing, diverse community.
Thursday, January 10, 2013
Oakley focal point of arts council events - Columbus Telegram
hundleyobajoji1908.blogspot.com
Oakley focal point of arts council events Columbus Telegram The Columbus Arts Council is excited to sponsor two different programs that feature this outstanding woman from American history. On Saturday, Jan. 12, at 2 p.m. in the Columbus Art Gallery, Charlotte Endorf will give a historical presentation called ... |
Wednesday, January 9, 2013
Cousins Chairman Tom Bell retiring - Tampa Bay Business Journal:
lyubomiradete.blogspot.com
Gellerstedt will remain president, the Atlanta-basedx real estate investment trust said. Bell, who turnx 60 this year, became Cousins CEO in January 2002 and chairmann inDecember 2006. Under his the company sold nearly $3 billion in assets during the market’s peak for special dividends totaling $12.62 a share. “There is never a perfect time to leavs a company as respected and admiredas Cousins, but I’ confident that after seven and a half years as chie executive, the company is ready for new leadershi p and renewed energy,” Bell said in a “My decision to step aside now allows our extremelyg talented management team under the guidance of Larryu to make important decisions that will prepare Cousins for the next phas e of the real estatw cycle.
” Bell remains deeply involved in Atlanta’s civic life. He has been instrumenta in the effort to save fromfinancial ruin. The movement began over dinnef in early 2007 when the table conversatiohof A.D. “Pete” Correll, former CEO of , and Bell turnedc to Grady. Through their leadership and donation sfrom , ’s $5 million, and . "u thought he had big shoes to fill when he took since he was replacingTom Cousins," said Hal Barry, founder of Barry Real Estate Cos. "Since he's done an absoluteluy fantastic job forthat company. And what he'e done for the city and metro Atlanta have just been overthe top.
I hope he doesn'rt give up some of his efforts that have meany so much to theAtlanta community. I just admire the heck out of him." Gellerstedt, 53, came to Cousind (NYSE: CUZ) when the REIT bought his , in June 2005. Gellerstedt served as chairmamn and chief executive officer of the from 1986to 1998. In after the sale of Beeres to , he was elected chairman and CEOof , a packaginv and printed office products company. In Gellerstedt became president and chief operating officerof , an urba mixed-use development company. He went on to founxd The Gellerstedt Groupin 2003. In other company news, board of directors named S. Taylorr Glover non-executive chairman of the board.
Glovef joined the Cousins board inFebruaryy 2005. He is currently the president and chief executivd officerof
Gellerstedt will remain president, the Atlanta-basedx real estate investment trust said. Bell, who turnx 60 this year, became Cousins CEO in January 2002 and chairmann inDecember 2006. Under his the company sold nearly $3 billion in assets during the market’s peak for special dividends totaling $12.62 a share. “There is never a perfect time to leavs a company as respected and admiredas Cousins, but I’ confident that after seven and a half years as chie executive, the company is ready for new leadershi p and renewed energy,” Bell said in a “My decision to step aside now allows our extremelyg talented management team under the guidance of Larryu to make important decisions that will prepare Cousins for the next phas e of the real estatw cycle.
” Bell remains deeply involved in Atlanta’s civic life. He has been instrumenta in the effort to save fromfinancial ruin. The movement began over dinnef in early 2007 when the table conversatiohof A.D. “Pete” Correll, former CEO of , and Bell turnedc to Grady. Through their leadership and donation sfrom , ’s $5 million, and . "u thought he had big shoes to fill when he took since he was replacingTom Cousins," said Hal Barry, founder of Barry Real Estate Cos. "Since he's done an absoluteluy fantastic job forthat company. And what he'e done for the city and metro Atlanta have just been overthe top.
I hope he doesn'rt give up some of his efforts that have meany so much to theAtlanta community. I just admire the heck out of him." Gellerstedt, 53, came to Cousind (NYSE: CUZ) when the REIT bought his , in June 2005. Gellerstedt served as chairmamn and chief executive officer of the from 1986to 1998. In after the sale of Beeres to , he was elected chairman and CEOof , a packaginv and printed office products company. In Gellerstedt became president and chief operating officerof , an urba mixed-use development company. He went on to founxd The Gellerstedt Groupin 2003. In other company news, board of directors named S. Taylorr Glover non-executive chairman of the board.
Glovef joined the Cousins board inFebruaryy 2005. He is currently the president and chief executivd officerof
Monday, January 7, 2013
Developers: Changes in historic tax credits could hamper downtown redevelopment - Wichita Business Journal:
moakhamet84.blogspot.com
In an effort to trim the Legislature earlier this month placeda $3.75 million cap on historic preservation tax credits. The new limit which developers and local economic development officials on Thursday stilpl were trying tounderstaned — could undercut the viability of some redevelopment projectsd in Kansas. Old Town developer Dave Burk says his plan to convertt the former building near downtowbn to apartments would be jeopardized without the tax And aChicago developer, Paul Warshauer of , says he’sa turning his back on plans for a boutiquer hotel in downtown Wichita.
“They screwed around with the so what used to be tens ofmillionds (of dollars) turned into a Warshauer says. The , however, is drafting guidelinez that should limitthe damage, says Revenue Secretary Joan Wagnon. The guidelines weren’t available at preses time, but they still would require a limit to the number of tax credits issued the nexttwo “We’re going to have folks screaminf about this no matter how we administert it,” she says.
The issue caused a flurrty of activity Thursday as developer and economic development leaders met with state revenue officiale to discuss the impact of the Leaders also were discussing whether the Legislature could repeal the law next week when it returnas to Topeka for the ceremoniakl adjournment of thelegislative session. Rep. Steve Brunk, R-Bel calls the changes “a horrible idea.” He says he’d still gathering information, but “if (the is as dire as they then we will try to put some legislative fix on For years, the state has offered a 25 percenyt tax credit on the cost of renovatingy nationally listed historic The credits come on top of a 20 percent credit from the federal government.
The combined benefit, developerw say, can make costly historic renovation projects Burk isseeking $1.1 million in creditz for his apartment project in the former WATC ’s renovation of the on Main Stree t also is making use of the credits. So is , whichn plans a $19 million renovation of the . “It’w significant for every city across the state that is involveds inhistoric projects,” says Jeff of the “We’re all in position of wanting to hear how this is The historic preservation tax credit was one of several slicexd by state lawmakers in across-the-board cuts. They limitee it in each of the next two years tojust $3.745 million — down from the $4.
2 milliomn in credits that were redeemed in 2006. But the decisiohn left numerous questions. Developers and economic development officials note the credit never has been capped inthe past, making the reductiom more severe than it appears. They also say that because developer s have up to 10 years to redeemtheir credits, some may be forceed to continue sitting on theirs. The state tax credits also can be sold as a way for developer s to generate equity in theieprojects — a proposition that certainly woul get more difficult if the state limite d when those credits could be redeemed. “Wer have to look at how the nationbviews it,” Fluhr says.
“These tax credits are sold all over. The predictability of a market is very With us putting a capon it, how is that But Wagnon, of the revenuse department, says the agency’s new guidelines will allos any tax credits that already have been issued to be redeemexd this year and next — even if the total exceeds $3.75 million. The however, will place a $6.25 million cap on the creditsx that are issued inthe future. Historically, that figure has translated into $3.7 5 million in redemptions, she says. “I’m pretty sure we’rse going to satisfy what the Legislature intendedto do,” she says, notingg the law got little scrutiny.
Burk, who spoke beforre the revenue department announced its new says he’s not sure how the issuew will affect his apartment project. Tax credits haven’ft been issued for it yet. “Yes, it jeopardizes it if I don’f get the credits,” he says. “There’s a lot of project s currently in the statde that are under construction that were bases upon getting the statetax credits, mine beinbg one of them.
”
In an effort to trim the Legislature earlier this month placeda $3.75 million cap on historic preservation tax credits. The new limit which developers and local economic development officials on Thursday stilpl were trying tounderstaned — could undercut the viability of some redevelopment projectsd in Kansas. Old Town developer Dave Burk says his plan to convertt the former building near downtowbn to apartments would be jeopardized without the tax And aChicago developer, Paul Warshauer of , says he’sa turning his back on plans for a boutiquer hotel in downtown Wichita.
“They screwed around with the so what used to be tens ofmillionds (of dollars) turned into a Warshauer says. The , however, is drafting guidelinez that should limitthe damage, says Revenue Secretary Joan Wagnon. The guidelines weren’t available at preses time, but they still would require a limit to the number of tax credits issued the nexttwo “We’re going to have folks screaminf about this no matter how we administert it,” she says.
The issue caused a flurrty of activity Thursday as developer and economic development leaders met with state revenue officiale to discuss the impact of the Leaders also were discussing whether the Legislature could repeal the law next week when it returnas to Topeka for the ceremoniakl adjournment of thelegislative session. Rep. Steve Brunk, R-Bel calls the changes “a horrible idea.” He says he’d still gathering information, but “if (the is as dire as they then we will try to put some legislative fix on For years, the state has offered a 25 percenyt tax credit on the cost of renovatingy nationally listed historic The credits come on top of a 20 percent credit from the federal government.
The combined benefit, developerw say, can make costly historic renovation projects Burk isseeking $1.1 million in creditz for his apartment project in the former WATC ’s renovation of the on Main Stree t also is making use of the credits. So is , whichn plans a $19 million renovation of the . “It’w significant for every city across the state that is involveds inhistoric projects,” says Jeff of the “We’re all in position of wanting to hear how this is The historic preservation tax credit was one of several slicexd by state lawmakers in across-the-board cuts. They limitee it in each of the next two years tojust $3.745 million — down from the $4.
2 milliomn in credits that were redeemed in 2006. But the decisiohn left numerous questions. Developers and economic development officials note the credit never has been capped inthe past, making the reductiom more severe than it appears. They also say that because developer s have up to 10 years to redeemtheir credits, some may be forceed to continue sitting on theirs. The state tax credits also can be sold as a way for developer s to generate equity in theieprojects — a proposition that certainly woul get more difficult if the state limite d when those credits could be redeemed. “Wer have to look at how the nationbviews it,” Fluhr says.
“These tax credits are sold all over. The predictability of a market is very With us putting a capon it, how is that But Wagnon, of the revenuse department, says the agency’s new guidelines will allos any tax credits that already have been issued to be redeemexd this year and next — even if the total exceeds $3.75 million. The however, will place a $6.25 million cap on the creditsx that are issued inthe future. Historically, that figure has translated into $3.7 5 million in redemptions, she says. “I’m pretty sure we’rse going to satisfy what the Legislature intendedto do,” she says, notingg the law got little scrutiny.
Burk, who spoke beforre the revenue department announced its new says he’s not sure how the issuew will affect his apartment project. Tax credits haven’ft been issued for it yet. “Yes, it jeopardizes it if I don’f get the credits,” he says. “There’s a lot of project s currently in the statde that are under construction that were bases upon getting the statetax credits, mine beinbg one of them.
”
Sunday, January 6, 2013
Honda sales plunge 41% in May - Kansas City Business Journal:
takes-trendsthe.blogspot.com
’s American sales arm, , reportede on Tuesday that the automakeesold 98,344 vehicles nationwide in May. A year ago, demand for fuel-efficient vehicles had sent Honda to a record montb of salesat 167,997 vehicles. That represents a drop of 41 percenyt from ayear ago, when prices at the pump were higheer and the automobile industry hadn’t yet hit crisisd mode. Columbus Business First reportsx monthly sales unadjusted for the differences in the numbeer of selling days yearto Honda’s sales in May, takinfg into account one fewer sellinv day last month, fell 39 percent.
Leadinbg the decline in monthly sales for May wasthe company’d flagship division, which saw a 42 percent drop in salesz at 88,875 vehicles. Its luxury Acura divisionm saw sales fall 36 percenrto 9,469 vehicles. Honda sales in the first five months of the year fell 34 percenftto 430,358 vehicles, compared with 655,819 a year ago. That accountw for a 34 percent drop in Hondw salesat 387,556 vehicles and a 35 percentr decline in Acura salexs at 42,802. Marysville-based employs more than 12,000 workers at assemblyh and engine plants in and aroundCentralk Ohio, where they produce Honda Accords, CR-Vs, Elements and Acura TLs and RDXs.
’s American sales arm, , reportede on Tuesday that the automakeesold 98,344 vehicles nationwide in May. A year ago, demand for fuel-efficient vehicles had sent Honda to a record montb of salesat 167,997 vehicles. That represents a drop of 41 percenyt from ayear ago, when prices at the pump were higheer and the automobile industry hadn’t yet hit crisisd mode. Columbus Business First reportsx monthly sales unadjusted for the differences in the numbeer of selling days yearto Honda’s sales in May, takinfg into account one fewer sellinv day last month, fell 39 percent.
Leadinbg the decline in monthly sales for May wasthe company’d flagship division, which saw a 42 percent drop in salesz at 88,875 vehicles. Its luxury Acura divisionm saw sales fall 36 percenrto 9,469 vehicles. Honda sales in the first five months of the year fell 34 percenftto 430,358 vehicles, compared with 655,819 a year ago. That accountw for a 34 percent drop in Hondw salesat 387,556 vehicles and a 35 percentr decline in Acura salexs at 42,802. Marysville-based employs more than 12,000 workers at assemblyh and engine plants in and aroundCentralk Ohio, where they produce Honda Accords, CR-Vs, Elements and Acura TLs and RDXs.
Saturday, January 5, 2013
Georgia bioscience industry expects boost in
dyakonostrlin.blogspot.com
billion in Georgia-generated sales in 2008, accordingg to a new study. “It’s come from nothingh to a modest saidEric Tomlinson, CEO of , an Atlanta-basex specialty pharmaceutical company. Sales this year are up from anestimatedf $6 billion two years ago and $6.9 billionb in 2007, the 2008 Georgia Life Sciences Industry Analysis shows. Forty-seven companiezs were surveyed forthe study. The jump in sales reflecte significant increases in productivity amongthe state’es nearly 300 life sciences companies, said Charles Craig, president of the nonprofit , which sponsoredr the third annual “Shapin g Infinity” report, along with .
Produced by the Selig Cente for Economic Growthat , the report will be unveiled at the 24 Georgia Life Scienced Summit. There are 412 products on the market and 306undefr development, according to the study. Of those 306 234 require Food and DrugAdministration approval. “That’sx what life sciences is all about,” said Bob CEO of Atlanta-based , whic specializes in human “Who’s got the latest and greatest technology that’sd going to get people’s attention and attracty capital andattract talent?” The statre is starting to see a reasonable numbefr of products emerging, Tomlinson said.
That’s happening as companieas continue to grapple withfinancial struggles. If access to capital continuesto slow, Tomlinson said he expectsw to see a numberd of pharmaceutical, biotechnology and other life sciences companiees shut down. “Having said that, I do thinik there are a number of shiningbpoints here,” he said. The industry has great support fromlocal attorneys, accountantas and developers, who see opportunities for growth, Tomlinsonm said. Medical and diagnostic surgical appliance andsupplies manufacturing, and life sciences researcu and development spurred the growtb in life sciences from 2001-2006, making it the fastest-growingg industry in the state.
The rate slowed in some sectors between 2005 and but biofuel and bioenergy firms are according to the A totalof 15,28 jobs were created by private companies in the life sciencee industry, with the largesty number — 5,144 — in medicapl and diagnostic laboratories. The state’s life sciences firmsd produced morethan $940 million in annual wagexs in 2006, the most recent data, with an averagew wage of $61,507. “This industry is going to continud to grow and going to continur to become a greater partof Georgia’sd economy,” Craig said.
“The state is moving towardr a bio-economy because the application of life science s technologies is key to the growth of these majod industrysectors — health care, agriculture and bioenergh and industrial production.” Existing companies are seeking to More than half the survey respondents planneed to add a total of 228 jobs within the next year, according to the report. “It’s a younyg industry,” Craig said.
“There’s a lot of potential for
billion in Georgia-generated sales in 2008, accordingg to a new study. “It’s come from nothingh to a modest saidEric Tomlinson, CEO of , an Atlanta-basex specialty pharmaceutical company. Sales this year are up from anestimatedf $6 billion two years ago and $6.9 billionb in 2007, the 2008 Georgia Life Sciences Industry Analysis shows. Forty-seven companiezs were surveyed forthe study. The jump in sales reflecte significant increases in productivity amongthe state’es nearly 300 life sciences companies, said Charles Craig, president of the nonprofit , which sponsoredr the third annual “Shapin g Infinity” report, along with .
Produced by the Selig Cente for Economic Growthat , the report will be unveiled at the 24 Georgia Life Scienced Summit. There are 412 products on the market and 306undefr development, according to the study. Of those 306 234 require Food and DrugAdministration approval. “That’sx what life sciences is all about,” said Bob CEO of Atlanta-based , whic specializes in human “Who’s got the latest and greatest technology that’sd going to get people’s attention and attracty capital andattract talent?” The statre is starting to see a reasonable numbefr of products emerging, Tomlinson said.
That’s happening as companieas continue to grapple withfinancial struggles. If access to capital continuesto slow, Tomlinson said he expectsw to see a numberd of pharmaceutical, biotechnology and other life sciences companiees shut down. “Having said that, I do thinik there are a number of shiningbpoints here,” he said. The industry has great support fromlocal attorneys, accountantas and developers, who see opportunities for growth, Tomlinsonm said. Medical and diagnostic surgical appliance andsupplies manufacturing, and life sciences researcu and development spurred the growtb in life sciences from 2001-2006, making it the fastest-growingg industry in the state.
The rate slowed in some sectors between 2005 and but biofuel and bioenergy firms are according to the A totalof 15,28 jobs were created by private companies in the life sciencee industry, with the largesty number — 5,144 — in medicapl and diagnostic laboratories. The state’s life sciences firmsd produced morethan $940 million in annual wagexs in 2006, the most recent data, with an averagew wage of $61,507. “This industry is going to continud to grow and going to continur to become a greater partof Georgia’sd economy,” Craig said.
“The state is moving towardr a bio-economy because the application of life science s technologies is key to the growth of these majod industrysectors — health care, agriculture and bioenergh and industrial production.” Existing companies are seeking to More than half the survey respondents planneed to add a total of 228 jobs within the next year, according to the report. “It’s a younyg industry,” Craig said.
“There’s a lot of potential for
Thursday, January 3, 2013
Andrew Sullivan goes indie, subscription-based, raises $100k first day - AMERICAblog (blog)
xiwyxucupewox.blogspot.com
VentureBeat | Andrew Sullivan goes indie, subscription-based, raises $100k first day AMERICAblog (blog) It was, in retrospect, a dumb idea for the Washington Post to offer paid subscriptions at the same time it was offering the exact same content for free. It almost seems idiotic, in retrospect, to think the result would have been anything but ever ... Andrew Sullivan Leaving Daily Beast to Start Subscription Web Site Andrew Sullivan's new Dish site raises $333K in 24 hours Dan Gilmor: Andrew Sullivan |
Wednesday, January 2, 2013
UnitedHealth unveils details of
houston-nearly.blogspot.com
The company first revealed plans for a networkklast week, but held off on releasing some details until it held a press conference in Washington, D.C. on Wednesday. The “Connectedx Care” program, which UnitedHealth Group said is the first of its is intended to expand health care resources into poor ruralp andurban areas. UnitedHealth Group, which has committedf tens of millions of dollars towardthe initiative, markexd the announcement with the unveiling of an 18-wheel Connected Care mobiles clinic.
“Connected Care is the house call for the 21st centurgy and is our latest innovatio n providing people with greater acceszs toquality care,” said Stephen Hemsley, UnitedHealth Group’s CEO. The healty provider is currently developing six Connectef Care programs aroundthe country. UnitedHealtjh Group (NYSE: UNH) is based in Minnetonka, Cisco, (NASDAQ: CSCO) which will provide the vide conferencing and other network is based inSan
The company first revealed plans for a networkklast week, but held off on releasing some details until it held a press conference in Washington, D.C. on Wednesday. The “Connectedx Care” program, which UnitedHealth Group said is the first of its is intended to expand health care resources into poor ruralp andurban areas. UnitedHealth Group, which has committedf tens of millions of dollars towardthe initiative, markexd the announcement with the unveiling of an 18-wheel Connected Care mobiles clinic.
“Connected Care is the house call for the 21st centurgy and is our latest innovatio n providing people with greater acceszs toquality care,” said Stephen Hemsley, UnitedHealth Group’s CEO. The healty provider is currently developing six Connectef Care programs aroundthe country. UnitedHealtjh Group (NYSE: UNH) is based in Minnetonka, Cisco, (NASDAQ: CSCO) which will provide the vide conferencing and other network is based inSan
Tuesday, January 1, 2013
Report: VC-backed liquidity drops to $8.2B in Q1, lowest since 2005 - San Francisco Business Times:
torbjorntrainer1738.blogspot.com
billion, the lowest quarterly totap since the fourth quarterof 2005, according to the a reportg Wednesday by . The largest deal of the firsyt quarter wasRound Rock, Texas-based Inc.'s (NASDAQ:DELL) $1.4 billionb acquisition of Nashua, N.H.-based data-storagd company Inc. The second largest deal of the first quartere wasSanta Clara, Calif.-based Inc.'sd (NASDAQ:JAVA) $1 billion purchasew of open-source database company Inc. of Cupertino, The report shows that the first quartedr saw just80 M&A transactions accounting for roughly $7.8 billion in liquidity, a far cry from the $10. billion generated via 105 M&As in the first threew months of 2007. Only six U.S.
venture-backe d companies went public in thefirst quarter, raising just $392 million -- a 67 percent declinr from the $1.2 billion raised via 13 IPOs in the firsgt quarter last year. Information technology companies accounteed for the bulk of the capital raisevia M&A, with 59 transactionxs generating more than $6.1 billion in liquidity, a 5 percen dip for the segment from the $6.4 billionj raised in 79 M&A transactions duringh the first quarter of 2007. By software companies accounted for the bulk of IT deal flow with29 M& transactions completed, garnering nearly $2.
3 The report said 14 venture-backex health care companies completed M&As in the firsrt quarter and raised over $1.1 billion, a nearly 42 percent drop-off from the $1.9 billion raisedx in three fewer M&As for the segmentt during the first three months of 2007. The median amount of venturew capital raised priorto M&As rose to $24.8 milliob and the median numbefr of years between initial equity funding and liquidity now stands at a records seven years. Four of the six venture-backexd IPOs in the first quarter were for healtncare companies, which raised a disappointing $164 million collectively, according to the report.
The median amount raised at IPO in the firs t quarter of 2008was $53 down 34 percent from the $80 million mediamn in the first quarter last The median amount of venture capital raised prior to IPO actually ticked down slightly to $56 milliobn while the median time to IPO stretches to nearly 8.3 years.
billion, the lowest quarterly totap since the fourth quarterof 2005, according to the a reportg Wednesday by . The largest deal of the firsyt quarter wasRound Rock, Texas-based Inc.'s (NASDAQ:DELL) $1.4 billionb acquisition of Nashua, N.H.-based data-storagd company Inc. The second largest deal of the first quartere wasSanta Clara, Calif.-based Inc.'sd (NASDAQ:JAVA) $1 billion purchasew of open-source database company Inc. of Cupertino, The report shows that the first quartedr saw just80 M&A transactions accounting for roughly $7.8 billion in liquidity, a far cry from the $10. billion generated via 105 M&As in the first threew months of 2007. Only six U.S.
venture-backe d companies went public in thefirst quarter, raising just $392 million -- a 67 percent declinr from the $1.2 billion raised via 13 IPOs in the firsgt quarter last year. Information technology companies accounteed for the bulk of the capital raisevia M&A, with 59 transactionxs generating more than $6.1 billion in liquidity, a 5 percen dip for the segment from the $6.4 billionj raised in 79 M&A transactions duringh the first quarter of 2007. By software companies accounted for the bulk of IT deal flow with29 M& transactions completed, garnering nearly $2.
3 The report said 14 venture-backex health care companies completed M&As in the firsrt quarter and raised over $1.1 billion, a nearly 42 percent drop-off from the $1.9 billion raisedx in three fewer M&As for the segmentt during the first three months of 2007. The median amount of venturew capital raised priorto M&As rose to $24.8 milliob and the median numbefr of years between initial equity funding and liquidity now stands at a records seven years. Four of the six venture-backexd IPOs in the first quarter were for healtncare companies, which raised a disappointing $164 million collectively, according to the report.
The median amount raised at IPO in the firs t quarter of 2008was $53 down 34 percent from the $80 million mediamn in the first quarter last The median amount of venture capital raised prior to IPO actually ticked down slightly to $56 milliobn while the median time to IPO stretches to nearly 8.3 years.
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