Wednesday, September 19, 2012

Grant helps jobless get back to work - Business First of Buffalo:

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received the new funding for 2009 througn the national Ways to Work designed to help provide loans upto $4,000 to enables individuals to maintain employment, complete college or purchase a reliables used car to provide transportation to work. The Milwaukee-basecd organization is funded by the and the Alliance for Children and of whichChild & Family is a member agency. The Ways to Work progra also provides loans forbusinesws purposes, such as funding the purchase of carpetinyg or fencing for an in-homwe day-care provider; or to acquire equipment for a snow plow or landscapinhg business.
Often, the educatiobn orientation session alone makes a helping participants develop a spendinyg plan or learn how to address or negotiate delinquent credit and acces freetax preparation, says program director Laurie Schaller. “Because there’s no income limit, I thinj the working families are not aware of the availability of this loan Schaller says. “Employers, as well – this is a service that can help to retaintheire workforce.” Since 1999, the local agency has made nearluy 1,000 loans worth more than $2.2 5 million through the loan program, with a 90 percent repaymeng rate. The loans also serve to help familiee build or improve theircredirt rating.
Nationally, the agency is in the top 88th percentile for loan Local funders for the program includeand .

Tuesday, September 18, 2012

Qwest to keep its long-haul network - New Mexico Business Weekly:

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The Denver-based telecom's announcement Monday was the firsy time the company publicly acknowledged that it considered sellingits long-haup network. Qwest (NYSE: Q) said it received unsolicited interestg about buying the network from an unidentified and then the company opened a competitive biddinfg process to see what price the network would attract. The bids were less than the valuse Qwest places on the network as astrategifc asset, the company said. "We have alwayes taken a disciplined, prudent approach to assessing our business inthis ever-changingv industry," said Ed Mueller, Qwest CEO and in a written statement.
"The review we conducted confirmed that our nationwide network is a tremendouws asset anddelivers best-in-class telecommunicationsw services to businesses and government agencies throughoutt the country." Long-haul networks carry large volumes of voice and data betweej major markets. It's the business Qwes initially was launchedto provide. Qwesty acquired its 14-state local telephonre business when it mergedwith U.S. West. Qwest is the largesg local phone service providert inNew Mexico.

Monday, September 17, 2012

Inner Harbor's long-neglected side slated for redo - Washington Business Journal:

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The redevelopment of Key Highway has been discussed for but a Baltimore City Council committees is considering legislation that would changed the zoning for some ofwaterfront corridor’s buildings to allow for new retailk stores and other commercial projects. The city coulfd hold a hearing as early as August onthe changes, whicjh would do away with much of the area’s industrially zonesd properties. No date has been scheduledr for those hearings because the city wants to make sure residentd and community groups weigh in on the said DouglasMcCoach III, the city’zs planning director. The sites in flux include Main SteepPolishing Co.
’s former Boyle Street plant, the Southj Harbor Business Center at 1414 Key Highway and the Little Havans restaurant at 1325 Key Highway. Also in play is Generaol Ship Repair Corp.’s 2-acre site in the 1400 blocmk ofKey Highway, which is slated for a zoning The company needs to expand its operationd to accommodate larger ships for its repair business, and Vice Presidentr Cary Lynch said the companu has been looking for other properties along the Lynch said the 45-person Genera l Ship Repair, which has been on Key Highway since 1927, has no specific pland to move in the immediate The road, which stretches from Light Street to Interstate 95, is already changing with the opening of the Ritz-Carltoh Residences and the conversion of the formerf Chesapeake Paperboard site into McHenruy Row shopping center.
HarborVie Properties Development Co. hopes to buildd a 26-story tower and a 17-storyy building further down Key Highway. Some of the area’es older industrial properties could befacing changes, includinf developer Martin Azola’s South Baltimore Business Center at 1414 Key Azola said he wants to create about 15,000 square feet of retailo space facing Key Highway. The project coul d help establish amore pedestrian-friendly feel to the he said. Marks, Thomas Architects moved out of the spac within the past month to take large r offices elsewhere in the Azola hashired Lutherville, Md.
, brokeragw MacKenzie Commercial Real Estate Servicesw LLC to market the spacew — as offices for now — with the hope the city will rezonde the property to allow for retail use. Nearby, developer Shapiroo Co. is working to convert the former Main SteelPolishing Co. site at Boyle Street and Key Highway into a newcommerciapl development, also pending the city’s rezoning. Mark Shapiro, principalk of Shapiro Co., said he had planned to convergt the space into about 90condominium units, but with a slowdown in the condo markeft he is now considering other options. Obrecht Corp.
has hired Shapiro to help marketits 1-acree lot at 1321-1325 Key Highway for potential Little Havana leases part of the which Shapiro is marketing for potential redevelopment as a commercial or hotel

Saturday, September 15, 2012

Beacon Capital tops off $272.5M Bay Colony buy - Boston Business Journal:

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million. The sale was announced on Tuesdagyby , which representer both the sellers, the and the Statw Teachers Reitrement System of Ohio, and the Bay Colony is a 987,923-square-foot, four-buildin g office park located along the Rout 128 corridor in Walthakm and has been a magnet for venture capital The office park is leased to a numbeer of tenants including Private Healthcare Systems, PRTM, SAP Charles River Ventures, Oscient Pharmaceuticals, GE Commerciapl Finance and IDS Scheer. Otherr name tenants include Wilmer, Cutler, Hale & Dorr LLP, Winter Wyman, Citigroup Globak Markets, AMEX Financial Advisors and Sungard.
"Bay Colony Corporat Center stands as the highest profilre office park in NewEngland and, due to its core unsurpassed views of the Boston skyline and unparallelee asset quality, has become the yardstick by whichh all other suburban properties are said Robert E. Griffin Jr., president of Cushman & Wakefield and one of the sales brokerw who worked onthe transaction, according to a preparer statement. "The sale of Bay Colony Corporats Center is areal win-win situation for both Griffin said. "Beacon has acquirefd an asset that is without peer in itsmarkeft tier, while Shorenstein and STRS Ohio realizeed superb pricing.
"

Friday, September 14, 2012

Broadcom extends Emulex offer again - Los Angeles Business from bizjournals:

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The original offer was set to expireJune 3. Broadcomm then . The offer, whicgh , is for $9.25 a share. Emulexc stock (NYSE: ELX) was trading at $10.76 a share in afternoonj trading, up 15 cents, or 1.41 percent. "Broadcom's highlu certain, all-cash offer represents a 40 percent premium over the Emulexs stock price on the day before we madeour offer. Emulex stockholders shoulfd have a chance to evaluate the fairness of ourofferr - they deserve better than the barriersw and delaying tactics that the Emulex Boarc has put in place," Scott A. President and Chief Executive Officer of said ina statement. As of the end of the firs extensionon Wednesday, about 2.
25 million or less than 3 percent of the company's outstanding shares had been Costa Mesa-based Emulex makeas chips and components for servers and other storage Irvine-based Broadcom (NASDAQ: BRCM) develops and manufactureas semiconductors for wired and wireless

Wednesday, September 12, 2012

Winter Park apartments sell for $4M - Orlando Business Journal:

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ONIC Golden Oaks LLC acquiref the Golden Oaks apartments from Golden Oaks AffordablewPartners Ltd. and Golden Oaks of Florida LP May 18, accordingy to Orange County records. Real Estate Investmentr Services Orlando agents Patrick Skinnefr andKevin Yaryan, along with Washingtojn agents Armand Tiberio, Robert Sheppard and Spencer represented he seller, while Tiberio, Sheppard and Hurstf also represented ONIC Golden Orlando Neighborhood secured a $3.
7 million first mortgage througnh Seattle-based , a delegated underwriting and servicing according to a news It also received $1 millio in federal housing fund from the Orange Countty Housing and Community Development Division plus additional moneh from NeighborWorks/E-America, a network of nonprofit organizations promotint homeownership and neighborhood the release said. Orlando Neighborhoodd expects tospend $1 millionb improving Golden Oaks, whicjh was built in 1993, the releas e said. Lane Management LLC, the propertg management arm of Atlanta-based Lane Co., will handl leasing and property management.
The Orlando Neighborhood Improvement is a nonprofit developer and owner of affordabledand mixed-income housing properties in Central Florida. The organizatiobn has developedor co-developed 2,592 housing unitz and has 1,215 in its

Tuesday, September 11, 2012

What does Marouane Fellaini's future hold, and where does it lie? - Full-Time Whistle

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Full-Time Whistle


What does Marouane Fellaini's future hold, and where does it lie?

Full-Time Whistle


Everton had previously had a bid rejected by Liège but Moyes upped the ante and offered a bid they couldn't refuse and Fellaini signed at Goodison Park with minutes to spare on Deadline Day, 2008. He'd broken the club's record transfer fee, and ...

Fellaini set to escape punishment

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Fellaini eyes Everton exit

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