Saturday, August 27, 2011

New Nebraska laws to take effect Saturday - Houston Chronicle

hydiuco.blogspot.com


New Nebraska laws to take effect Saturday

Houston Chronicle


Unless otherwise specified, most laws approved by the Legislature are enforced three months after adjournment. This year that meant 159 new laws would take effect, or more than half of the 269 pieces of legislation approved this year. ...



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Thursday, August 25, 2011

S.F. boutique investment bank merges with larger Midwest rival - Business First of Columbus:

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The merger will afford the combined firm greatere resources and financial capacity to serve its clientrcommunity banks. "This transaction represents a continuatiob of our initial mission and the next logical progression for our saidSteven Didion, president and CEO of Hoefedr & Arnett, founded in 1982. Didiojn along with Philip Economopoulos, presidenft of , and Bob founder and chairman ofHoefer Arnett, will be nominated to sit on the nine-member boarrd of the new Howe Barness Hoefer & Arnett immediately following the deal's closing, expectecd to occur by the end of June. The combinec firm will have 140 employee s in eightoffices nationwide.
"The merger is big news in communitybanking circles," a Bay Area communit banker said. Hoefer & Arnett will keep its San Francisck offices, where the current team is expectex to remainin place. "We are partnerinb with arguably the only firm that is more focuses on community banks thanwe are," Dave Bonaccorso wrote in an email to community "Our community bank practice will remain Howe Barnes, founded in has deep roots in the community bank The Independent Community Bankers of America has named Howe Barneas the exclusive provider of capital marketsd services for its clients.
Howe Barnes also bringsx strong retail-investor expertise, which will be beneficial when community banksaraise capital. "We will have substantially more capital," Bonaccorso wrote. "This will alloww us to make more markets, commity more capital to trading, completer larger M&A deals and build a strongeer team." WR Hambrecht + Co. and have joinedc forces to createa $50 milliobn venture fund focused on early-stage tech companies, primarily in software.
The fund'as managers are Bill Hambrecht, chairman and co-CEO of the San Franciscoo investment bank bearinghis name, and Igor Sill, managing director and co-founderd of Geneva Venture Partners and founder and chairmahn of , an executive search firm focusex on software. "Igor Sill and I have been co-investors and colleaguex for almost20 years," Hambrecht said. "Hee has provided excellent advice and guided me to some exceptionalo professionals overthe years." The two men count San Francisco-base among their investment successes.
Sill, who has spentt a quarter of a century managing softward companies and recruiting professionals for that has managed two earlier funds for GenevasVenture Partners, an early-stagw venture firm founded in 1998. , one of the Bay Area'a largest financial institutions and the recent buyer of inSan Francisco, is makinh another California shopping trip. This time the compan is buying Irvine-based , with $5.5 billioj in assets, for $983 The Seattle thrift, with almost $350 billion in will pay $16 per share in cash for the Southerhn California financialservices company.
"Thed transaction provides us additional opportunities forhousehold acquisition, depositg growth and increased retail product cross-sell to Commercial Capital'a existing retail customer base," said Kerry chairman and CEO of Washington Mutual. "Wew believe that there are significant operatinbg efficiencies to be gained by bringin g our two very similaroperations together, with very low integrationm risk," Killinger said. Corp. said its 2005 challengse grant has raised morethan $450,000 in new donations for the and othed community programs in the region.
"Bank of America'xs innovative challenge inspired 475 individuals eithere to become Leadership or Alexis de Tocquevilled Society members for thefirst time, or to increass their existing Leadership-level gifts," said Anne CEO of United Way of the Bay Area. All matchin g funds provided by Bank of Americza will fightpoverty prevention.

Tuesday, August 23, 2011

Hilton enters NW China with opening of Hilton Xi'an - China Daily

http://taylorpondfarms.com/privacy.html


Hilton enters NW China with opening of Hilton Xi'an

China Daily


Hilton Hotels & Resorts today opened its 10th hotel in China รข€" Hilton Xi'an. Conveniently located in the heart of midtown Xi'an and just minutes away from the Ming City Wall and city landmark Bell Tower, it is Hilton Worldwide's first Hilton Hotels ...



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Sunday, August 21, 2011

Lewis: Feds pressured BofA on Merrill - The Business Journal of Milwaukee:

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But some lawmakers questioned how much of the pressure was actuallhy made by Lewis in an attemptr to secure more taxpayer aid forhis “The Treasury Department providedf $20 billion for a shotgunb wedding. But the question is, who was holding the shotgun?” Rep. Edolphusd Towns (D-New York) said durinf the hearing. The hearing, conducted by the Housee Committee on Oversight and Government was focused onfederal officials’ role in BofA’es purchase of Merrill Lynch. Charlotte-based BofA bought Merrill on Jan. 1 for $29.1 The deal resulted in BofA’s receiving an additional $20 billion in federal fundx under the Troubled Asse tRelief Program.
BofA has receive a total of $45 billion in TARP Lewis has been under intense pressure from BofA shareholderss for not disclosing the depthof Merrill’ws financial difficulties before the merger. Merrill lost $15.3 billion in the fourth Lawmakers questioned Lewis on reports that he felt pressureds byfederal authorities, including Federal Reserve Chairmanm Ben Bernanke and former Treasury Secretary Henry to go ahead with the deal in Decembef as Merrill’s losses mounted. Lewis testified that BofA contactexd officials atthe U.S. Treasury and Federal Reserve in mid-December to inform them that thebank “had seriouss concerns about closing the transaction.
” BofA, he said, was consideringy declaring a “material adverse change,” whichu can allow an acquirer to back out of a proposef deal. Lewis testified that Paulson toldhim BofA’as management “would or be removed if the bank backed out of the deal. When lawmakerw pressed him Thursday on the alleged threataby regulators, Lewis said both partiexs were concerned about making the best decisions for the healtb of the U.S. economy and BofA. He explained that a decisiobn that would harm the economy would also harm BofA becaus e of its massive sizeand breadth.
Lewis testified that he wasn’rt intimidated by the threag of losing his job but bythe “seriousnese of the threat” and the ramifications on the overall economy had an influence on his “Just six months later, it is easy to forge t just how close to the brink our system Lewis said. “I will never forget.” Still, some lawmakerds suggested Lewis should have knownabouf Merrill’s losses before They pointed out an e-mail in whichn Bernanke suggested Lewis’ threat to back out of the Merrilpl deal was a “bargaining Lawmakers also pointed to other e-mail s from regulators suggesting Lewis’ claims about surprisiny losses were “not credible.
” Rep. Dennis Kucinicg (D-Ohio), among others, suggested the e-mails indicated Lewis threatened to call off the Merrill deal as a way to land moregovernmentf aid. “It’s quite possible it was Bank of America that put a gun to the head of the Kucinich said. BofA eventually closeds the deal withMerrill Lynch, and receivedx a $20 billion loan from the TARP fund to covef the Merrill losses. Also on Lewis indicated that federal officials never asked him to withholr information from shareholders that BofA thought needede tobe disclosed. That caused lawmakers to reminfd him he wasunderf oath.
In February, Lewis testified before New York Attorneyh General Andrew Cuomo that Bernanke and Paulso n pressured the bank not to discuss its increasinglh troubled plan tobuy Merrill. The congressional committee expects to call Paulson and Bernanke for similar hearingsw as it continuesits investigation.

Thursday, August 18, 2011

A Millennial Incursion At Newport - NPR (blog)

grihanovveimavox.blogspot.com


WBEZ


A Millennial Incursion At Newport

NPR (blog)


Trombone Shorty, with Dan Oestreicher on baritone saxophone in the background, performing at the Newport Jazz Festival on Saturday. Trombone Shorty, with Dan Oestreicher on baritone saxophone in the background, performing at the ...


A Millennial Incursion At Newport

WBEZ



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Tuesday, August 16, 2011

Collegiate appoints board members - Houston Business Journal:

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• Nelea Absher, vice presidenrt and associategeneral counsel, • Anne-Marid Brown, founder, • Suzannse Oldham, founder, • Tuffy managing director, Morgan Keegan & Co. Cindy Skarbek, director of the Bashar Masri, director and seniodr engineerof . Four trustees were reappointecd tothe school’s board. They are: • Marine managemengt consultantBarker Price, who will serves as board president for the 2009-1 0 school year; • Merrell Wall general manager of the Monogram line for , and 1974 who will serve as vice president; • Formee Brown-Forman vice chairwoman and CFO Phoeb Wood, who will serve as and • Former management consultant Leslie Geoghegan, who will serve as Corrie Nichols, president of the Louisvills Collegiate School Parents Association, will serve as parent representativwe on the board.
Former Brown-Forman presiden Bill Street, whose term on the board was named adirector emeritus.

Sunday, August 14, 2011

Charles J. Kleman Executive Profile

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a manufacturer and distributor of energy management as itsVice President/Controller. Prior to 1986, Mr. Klemanh was employed by various public accounting spending over four years of that time with ArthurAndersem & Co. **All Executiv e profile data provided byDow Jones & Co., Inc.

Friday, August 12, 2011

Stow improving; Attackers make damning statements - CBSSports.com (blog)

http://www.zerocy.com/0/posts/9-Pets-and-plants/18-Pets-animals/page1.html


CBSSports.com (blog)


Stow improving; Attackers make damning statements

CBSSports.com (blog)


As the two men charged with assaulting Bryan Stow, a Giants fan who attended Opening Day at Dodger Stadium, pleaded not guilty in court on Wednesday, good news was revealed in Stow's progress. Stow, who lost consciousness and suffered ...



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Tuesday, August 9, 2011

Sales heating up for Earth to Air - The Business Journal of Milwaukee:

http://www.gite-posada.com/saint-antonin-noble-val.html
Formed in 2002, Earth to Air Systemss develops heating and cooling systems based on a technologyh known as directexchange geothermal, called DX in the The company’s applications have been shown to reduce heating and cooliny costs by 50 percent to 80 percent, CEO Randy Wiggsd says. Earth to Air’s systek bypasses the more conventional geothermak heating and cooling Instead of using water as a the technology skips a step and controlsx heating and temperatures directly from the earth withcoppefr tubing. The tubes tap into wells that are 300 to 500 feet Environmentally friendly refrigerants are then piped throughjthe tubes.
Earth to Air’s revenue comesw from licensing fees collected from heating and cooling companiexs who decide to market and installthe systems. Eartb to Air got its first international distributor two year s ago when Australian entrepreneur John Gagliardi embraced the Hesays he’s securecd more than $30 million in projects, including contracte with school systems, mining camps, housing projects and majodr corporations, such as BP. “Ws are moving into significant profitability,” Galiardi says, addingt that he’s planning on expanding into the Southeast Asianmarket soon. Galiardi predicts that Earth to Air willbecome “a billion dollar business or more.
” Salex in the first quartefr were up 60 percent from the same time last “We’re living in an time when there’s a huge demand (for to reduce our dependencw on foreign oil,” Gagliardi says. “Twenty year ago this wouldn’t have worked. It wouldn’t have even worke d 10 years ago. But now the potential is huge.” There are multiple installations of Earthto Air’as geothermal system in the United but the company is just now settin up a formal distributor says Clayton Washburn, chief operationds officer at Earth to Air.
“Ouf biggest struggle is having to say noat times,” Washburn “We’re preparing for a much bigger onslaught.”

Sunday, August 7, 2011

Watchtree taps Scottsdale community news scene - Phoenix Business Journal:

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Local media veteran Liz Smith launchec www.thewatchtree.com as a hyperlocal community source that mergeprofessional journalism, community contributiona and civic-minded interchange. Smith said she developed the site through ArizonaState University’s Walter Cronkite School of Journalism and Mass Communication’s Knightf Center for Digital Media Entrepreneurship. “Ax newspapers downsize, or in Scottsdale’sa case, depart the market altogether, a real gap in coverag of our communityemerges — we know less and less aboug what’s going on,” Smith “I wanted to provide a meaningful placde not only for the community to stay but also for it to congregate and improve communicatiom from a civic standpoint.
” The site is seeking story tips and communitgy events for publication. Smith most recently was executive editorof Scottsdale-basedf regional magazine Arizona Foothills.