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The notified Dennis A. Smalleyy in November it likely won't renew his state certification to oversee environmentalrehabilitationb projects. He runs Lancaster-based , an environmental services consultintg firm that has worked on several environmentapreclamation projects. If EPA doesn't renesw the certification, it would leavre his firm without anyone certified to work onbrownfieldd properties.
Neither Smalley nor his Christopher Jones atin Columbus, could be reached for Ohio implemented a Voluntary Actionh Program in 1996 so landowners, companies and developerz could redevelop brownfield sites and fix environmentapl problems in cooperation with the state before facinbg litigation to order a cleanup. Underd the program, landowners must hire a state-certified environmenta l testing expert to conduct tests and overseewreclamation activities. Sue Kroeger, an EPA staff attorneg workingon Smalley's case, said the agency's decision not to reneq his certification isn't finaol and a date hasn't been set for that decision. Smalle could appeal a decertification.
The EPA decided to investigatde Smalley after determining environmental tests he conductedfor Bremen-base were incomplete. The filter manufacturer hirer Smalley in 2003 to help it determine if chlorinated solvents from its plan were leachingtoward Bremen's watert supply. After conducting Smalley submitteda "no further action" letter to the EPA that asked for a covenan t not to sue. Kroeger said Smalley'sw letter contained "key deficiencies" that raiser red flags. The agency said it later discovered that wellsw Smalley drilled to determine the exteny of groundpollution weren'g deep enough.
When the EPA warned Superior Fibers it was concerner withthe testing, the company cancelecd its work with Smalley & Associates and hired anothet firm, said Richard T. Ricketts, the company' attorney and a partner at LPAin Pickerington. "Our concerj is simply to work with the EPA and get thesituatiojn resolved," Ricketts said. Becauss the EPA raised concerns about work at the SuperiorFibersd site, it plans to review all the work done by Smallehy since he was certified in 1998, Kroeger The agency will be looking at his work on a formeer landfill on Dublin Road between Columbusx and Grandview Heights, and a former manufacturing site in Italian Village.
Cincinnati-based developer is preparing the formee landfill forcommercial development. Bill a development partner atBear Creek, said he;s aware of the state'a dispute with Smalley. "It's an issue we're workinhg through," he said. In Italian the city of Columbus is workinb with on redevelopment of the formerf site intoa 42-acre, mixed-use project dubbed Jeffreyg Place. "We just don't know how big this is going to saidGary R.
economic development manager forthe "At first glance it could be just a I'm hoping that's all it
Saturday, December 31, 2011
Thursday, December 29, 2011
Montgomery County votes for Purple Line to be rail - Washington Business Journal:
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The 16-mile route, built as is expected to costabout $1.2 billion. Prince George’sa County Council had already endorsefthe light-rail option. Some Chevy Chase, Bethesda and Silver Spring residents have pushed fora rapid-bus option instead, arguing that the rail was too too noisy or too disruptive to a bike trail or nearb houses. The line would connect Metro’s Orange, Red and Green several Marc train and would give the rail servicewon campus. State transit officialse will make the decision on funding sometime between May and Jack Calahan, spokesman for the , said the local consensus for rail will be factoref into the decision.
The county, stat and federal governments are expectexd to share the costs of the but some of the moneyh Montgomery County spent years ago onbuying right-of-way will be It is too early to say if more local contributions will be required, Calahan “What you’re looking at is a huge amount of money,” he The light-rail project will have to competew on the federal level with projects from arounc the country, and Maryland’s state transportation funding has been hurt by droppingv revenues, the earlier projection of a possible stargt date -- 2012 -- is no longer valid. “Thayt was before the economy went south,” Calahan said.
“It’s probablu overly optimistic.” No new date has been he said. Ridership on a light-rail Purplew Line is projectedat 63,000 daily -- aboug 43,000 currently ride slower bused along the route.
The 16-mile route, built as is expected to costabout $1.2 billion. Prince George’sa County Council had already endorsefthe light-rail option. Some Chevy Chase, Bethesda and Silver Spring residents have pushed fora rapid-bus option instead, arguing that the rail was too too noisy or too disruptive to a bike trail or nearb houses. The line would connect Metro’s Orange, Red and Green several Marc train and would give the rail servicewon campus. State transit officialse will make the decision on funding sometime between May and Jack Calahan, spokesman for the , said the local consensus for rail will be factoref into the decision.
The county, stat and federal governments are expectexd to share the costs of the but some of the moneyh Montgomery County spent years ago onbuying right-of-way will be It is too early to say if more local contributions will be required, Calahan “What you’re looking at is a huge amount of money,” he The light-rail project will have to competew on the federal level with projects from arounc the country, and Maryland’s state transportation funding has been hurt by droppingv revenues, the earlier projection of a possible stargt date -- 2012 -- is no longer valid. “Thayt was before the economy went south,” Calahan said.
“It’s probablu overly optimistic.” No new date has been he said. Ridership on a light-rail Purplew Line is projectedat 63,000 daily -- aboug 43,000 currently ride slower bused along the route.
Monday, December 26, 2011
Saturday, December 24, 2011
Company Will Pay $30000 for Not Accommodating Applicant with Disability - Human Resources Journal
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Human Resources Journal | Company Will Pay $30000 for Not Accommodating Applicant with Disability Human Resources Journal As per the agreement, G2 Secure Staff will also be taking steps to ensure that those with disabilities are accommodated in the future. According to an EEOC press release posted on its website, the man has end-stage renal disease. Due to his conditi on, ... |
Thursday, December 22, 2011
Elan: Business review won
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But will a minority investment inthe company, a strategic alliance, a merge r or a sale — amonh the alternatives Elan leaders have asked Global Marketx to ponder — help or kill Elan’s new U.S. research and administrativer headquarters in SouthSan Francisco? Elan in May will move from 800 Gatewayu Blvd. to 102,000-square-foot quartera at 180 Oyster Point It also tookanother 83,420 square feet at 200 Oystef Point, set for a 2010 move-in date. Mary who was named Elan’s head of corporatwe relations latelast year, said the company stilp plans to move into both Oystedr Point buildings.
The structures, both new buildings from of willhouse R&D and othert operations, including the office of newlyt appointed President Carlos Paya. “This is the rightg time for the (Citigroup) process,” CEO Kelluy Martin said at therecent J.P. Morgan Healthcare Conferenc inSan Francisco. Elan announced last month that it wouldsave $20 millio n to $25 million by closing its Tokyo and New York The company had about $450 milliob in cash at the end of 2008, Martinn said, but burned roughly $300 million last Meanwhile, the company’s lead drug, the multiple sclerosies treatment Tysabri, saw a fourth-quarter sales That likely is tied to safety concerns regardint a potentially deadly brain infection reported for two patiente taking Tysabri.
Some of the highlights from the 27thAnnuapl J.P. Morgan Healthcare Conference atthe St. Francis After hiring more people than in anyprevious year, Foster City drugmaket will slow down the pace this year at the 3,200-employese company. That’s not indicative of a hirint freeze, said President and COO John Milligan, but simply gives new hires a chancew to learntheir jobs. “I don’t thinlk we’re quite as efficient as we need to Milligan said. Gilead plans to nearly doublr the officeand R&D space at its Fostetr City headquarters to 1.2 million square feet as it adds 1,90 0 jobs there over 10 years.
But Milligan said that’s more of a guidelines for the HIV/AIDS, cardiovascular and respiratory diseasesw drugmaker thana hard-and-fast “The city makes you say some numbet (on its paperwork),” he “We didn’t know that would be going public as quickly as it Privately held of Brisbane continues to attracty investor interest, both near and far. The compan — in Phase II with a potential treatment for tripl e negativebreast cancer, a particularly scurrilous form of the diseasse that quickly strikes down younger women announced a $20 million investment from existing investords like , and . But CEO Dr. Hoyounb Huh said he fielded “a lot” of J.P.
Morgahn conference meeting requests from potential foreigb investors who want to getinto U.S. At the same time, othee biotech-focused regions of the world are becomingh more competitive with theBay Area, Huh said. BiPard itself decided nine monthes ago to set up manufacturingin India. “Thed threat is no longer Massachusetts,” he said. As it tried to capture more sales among livercance patients, Emeryville-based is expanding sales calls for its drug Nexavatr to include non-oncologists like hepatologists and Nexavar, which has been shown to inhibiyt cancer cell proliferation and blood is the only FDA-approved treatment for liver It also is approved in more than 70 countries to treatf advanced kidney cancer.
The initial expansion of the live cancer sales force in the United Statesx was about10 percent, said President and CEO Dr. Tony Outside the United States, Asia-Pacific has strong potential, he but some European launches remaihn in countrieslike Italy. Parting J.P. Morgan shot: This isn’t the Hiltob A nursing home executivde complained to investors atthe J.P. Morgan conferencd about all of the services his facilitiez must provide for patients from physical therapy to three meals a day to laundry andline — with a low level of reimbursementf from government insurance programs. “I stayed at the Hilton and they put a mint on my pillow for $300,” he said.
“And we thino nursing homes canmake
But will a minority investment inthe company, a strategic alliance, a merge r or a sale — amonh the alternatives Elan leaders have asked Global Marketx to ponder — help or kill Elan’s new U.S. research and administrativer headquarters in SouthSan Francisco? Elan in May will move from 800 Gatewayu Blvd. to 102,000-square-foot quartera at 180 Oyster Point It also tookanother 83,420 square feet at 200 Oystef Point, set for a 2010 move-in date. Mary who was named Elan’s head of corporatwe relations latelast year, said the company stilp plans to move into both Oystedr Point buildings.
The structures, both new buildings from of willhouse R&D and othert operations, including the office of newlyt appointed President Carlos Paya. “This is the rightg time for the (Citigroup) process,” CEO Kelluy Martin said at therecent J.P. Morgan Healthcare Conferenc inSan Francisco. Elan announced last month that it wouldsave $20 millio n to $25 million by closing its Tokyo and New York The company had about $450 milliob in cash at the end of 2008, Martinn said, but burned roughly $300 million last Meanwhile, the company’s lead drug, the multiple sclerosies treatment Tysabri, saw a fourth-quarter sales That likely is tied to safety concerns regardint a potentially deadly brain infection reported for two patiente taking Tysabri.
Some of the highlights from the 27thAnnuapl J.P. Morgan Healthcare Conference atthe St. Francis After hiring more people than in anyprevious year, Foster City drugmaket will slow down the pace this year at the 3,200-employese company. That’s not indicative of a hirint freeze, said President and COO John Milligan, but simply gives new hires a chancew to learntheir jobs. “I don’t thinlk we’re quite as efficient as we need to Milligan said. Gilead plans to nearly doublr the officeand R&D space at its Fostetr City headquarters to 1.2 million square feet as it adds 1,90 0 jobs there over 10 years.
But Milligan said that’s more of a guidelines for the HIV/AIDS, cardiovascular and respiratory diseasesw drugmaker thana hard-and-fast “The city makes you say some numbet (on its paperwork),” he “We didn’t know that would be going public as quickly as it Privately held of Brisbane continues to attracty investor interest, both near and far. The compan — in Phase II with a potential treatment for tripl e negativebreast cancer, a particularly scurrilous form of the diseasse that quickly strikes down younger women announced a $20 million investment from existing investords like , and . But CEO Dr. Hoyounb Huh said he fielded “a lot” of J.P.
Morgahn conference meeting requests from potential foreigb investors who want to getinto U.S. At the same time, othee biotech-focused regions of the world are becomingh more competitive with theBay Area, Huh said. BiPard itself decided nine monthes ago to set up manufacturingin India. “Thed threat is no longer Massachusetts,” he said. As it tried to capture more sales among livercance patients, Emeryville-based is expanding sales calls for its drug Nexavatr to include non-oncologists like hepatologists and Nexavar, which has been shown to inhibiyt cancer cell proliferation and blood is the only FDA-approved treatment for liver It also is approved in more than 70 countries to treatf advanced kidney cancer.
The initial expansion of the live cancer sales force in the United Statesx was about10 percent, said President and CEO Dr. Tony Outside the United States, Asia-Pacific has strong potential, he but some European launches remaihn in countrieslike Italy. Parting J.P. Morgan shot: This isn’t the Hiltob A nursing home executivde complained to investors atthe J.P. Morgan conferencd about all of the services his facilitiez must provide for patients from physical therapy to three meals a day to laundry andline — with a low level of reimbursementf from government insurance programs. “I stayed at the Hilton and they put a mint on my pillow for $300,” he said.
“And we thino nursing homes canmake
Tuesday, December 20, 2011
Hewlett-Packard touts green products - New Mexico Business Weekly:
xoqylyjibo.wordpress.com
Among other things, Palo Alto-based HP HPQ) will offer new printinv tools forlarge organizations, includingf software, hardware and services, to help customerzs save money through lower papere and energy usage. HP said that analysisx of some customers’ imaging and printint operations revealed energy savingzs of between 30 percen and 80 percent and reductiond in paper consumption in the millionsof pages. Two of HP’as newest servers, the HP ProLiant DL360 and DL380, released in meet the new Energy Star for ComputerServersw 1.0 specifications that went into effecrt May 15. HP shipped 2.74 million servers in 2008.
And the compant released a new desktop widget that tracks the energyt savings associated with turning off idle personal computersw when notin use. HP has set a new goal to save one billion kilowatt-hours of electricity by 2011 throughg a variety of producgt design strategies — enough energhy for a town of 90,00o people for a year.
Among other things, Palo Alto-based HP HPQ) will offer new printinv tools forlarge organizations, includingf software, hardware and services, to help customerzs save money through lower papere and energy usage. HP said that analysisx of some customers’ imaging and printint operations revealed energy savingzs of between 30 percen and 80 percent and reductiond in paper consumption in the millionsof pages. Two of HP’as newest servers, the HP ProLiant DL360 and DL380, released in meet the new Energy Star for ComputerServersw 1.0 specifications that went into effecrt May 15. HP shipped 2.74 million servers in 2008.
And the compant released a new desktop widget that tracks the energyt savings associated with turning off idle personal computersw when notin use. HP has set a new goal to save one billion kilowatt-hours of electricity by 2011 throughg a variety of producgt design strategies — enough energhy for a town of 90,00o people for a year.
Sunday, December 18, 2011
Enhanced Oil Resources Inc. Provides Corporate Update
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As previously reported the Compan y had engaged Tristone Capital to exploree potential joint venture opportunities forthe Company's interestw in the St. Johns Helium and CO2 Field in Arizonqa andNew Mexico. Following data collectiobn the Tristone managed data room was opened on April14th 2009. In total, 10 Companies executee confidentiality agreements and participated in the data review in either the physical or virtualdata room. The data room was closexd on May 22nd. With the data room close d the Company awaits furthet developments from Tristone regarding communicationas with potential interested Further updates on the process will be provided as they About Enhanced OilResources Inc.
Enhanced Oil Resources Inc. is an early-stagwe company, with two principal business segmentdof (i) Crude oil and natural gas production through enhancee oil recovery ("EOR") projectsx it is initiating in the Permian Basin on oil fields acquired by the Compangy in 2007 and 2008 for that purpose. (ii) Helium and resource exploration and production througgh property interests it controls inapproximately 251,0090 gross acres of land withinn the St Johns Helium/CO(2) field in Arizon a and New Mexico, and where the Companyt is developing what is thought to be the largestr undeveloped helium and carbonb dioxide field in North America.
Certain statements contained herein are forward-looking statements, includingy statements relating to Enhanced Oil Resources' operations; business prospects, expansion planxs and strategies. Forward-looking information typically containsd statements with words suchas "intends, "anticipate," "estimate," "expect," "potential," "could," "plan" or similar wordw suggesting future outcomes. Readerzs are cautioned not to place undur relianceon forward-looking information because it is possiblwe that expectations, predictions, projections and other forms of forward-looking information will not be achieve by Enhanced Oil Resources.
By its nature, forward-lookinv information involves numerous assumptions, inherent risks and uncertainties. A changes in any one of these factors couldc cause actual events or results to differ materiallhy from those projected inthe forward-lookinbg information. Although Enhanced Oil Resources believes that the expectations reflected insuch forward-looking statements are reasonable, Enhancerd Oil Resources can give no assurance that such expectationw will prove to be correct.
Forward-looking statement s are based oncurrent expectations, estimates and projectionse that involve a number of riskds and uncertainties which could cause actual resultes to differ materially from those anticipated by Enhancedf Oil Resources and described in the forward-lookinfg statements or information. The forward-looking statements are basedd on a number of assumptions which may provew tobe incorrect. Readers should be awarew that the listof factors, risks and uncertainties set fortnh above are not exhaustive.
Readers should referf to EnhancedOil Resources' current filings, which are available at , for a detailee discussion of these factors, risks and The forward-looking statements or informatio n contained in this news release are made as of the date hereofv and Enhanced Oil Resources undertakes no obligation to update publicl y or revise any forward-looking statements or information, whether as a resul of new information, future eventas or otherwise, unless so required by applicabler laws or regulatory policies.
ON BEHALF OF THE BOARxD OF DIRECTORS (signed) Barry D CEO Neither TSX Venture Exchangs nor its Regulation ServicesProvider (as that term is definede in the policies of the TSX Venture accepts responsibility for the adequachy or accuracy of this SOURCE Enhanced Oil Resources Inc.
As previously reported the Compan y had engaged Tristone Capital to exploree potential joint venture opportunities forthe Company's interestw in the St. Johns Helium and CO2 Field in Arizonqa andNew Mexico. Following data collectiobn the Tristone managed data room was opened on April14th 2009. In total, 10 Companies executee confidentiality agreements and participated in the data review in either the physical or virtualdata room. The data room was closexd on May 22nd. With the data room close d the Company awaits furthet developments from Tristone regarding communicationas with potential interested Further updates on the process will be provided as they About Enhanced OilResources Inc.
Enhanced Oil Resources Inc. is an early-stagwe company, with two principal business segmentdof (i) Crude oil and natural gas production through enhancee oil recovery ("EOR") projectsx it is initiating in the Permian Basin on oil fields acquired by the Compangy in 2007 and 2008 for that purpose. (ii) Helium and resource exploration and production througgh property interests it controls inapproximately 251,0090 gross acres of land withinn the St Johns Helium/CO(2) field in Arizon a and New Mexico, and where the Companyt is developing what is thought to be the largestr undeveloped helium and carbonb dioxide field in North America.
Certain statements contained herein are forward-looking statements, includingy statements relating to Enhanced Oil Resources' operations; business prospects, expansion planxs and strategies. Forward-looking information typically containsd statements with words suchas "intends, "anticipate," "estimate," "expect," "potential," "could," "plan" or similar wordw suggesting future outcomes. Readerzs are cautioned not to place undur relianceon forward-looking information because it is possiblwe that expectations, predictions, projections and other forms of forward-looking information will not be achieve by Enhanced Oil Resources.
By its nature, forward-lookinv information involves numerous assumptions, inherent risks and uncertainties. A changes in any one of these factors couldc cause actual events or results to differ materiallhy from those projected inthe forward-lookinbg information. Although Enhanced Oil Resources believes that the expectations reflected insuch forward-looking statements are reasonable, Enhancerd Oil Resources can give no assurance that such expectationw will prove to be correct.
Forward-looking statement s are based oncurrent expectations, estimates and projectionse that involve a number of riskds and uncertainties which could cause actual resultes to differ materially from those anticipated by Enhancedf Oil Resources and described in the forward-lookinfg statements or information. The forward-looking statements are basedd on a number of assumptions which may provew tobe incorrect. Readers should be awarew that the listof factors, risks and uncertainties set fortnh above are not exhaustive.
Readers should referf to EnhancedOil Resources' current filings, which are available at , for a detailee discussion of these factors, risks and The forward-looking statements or informatio n contained in this news release are made as of the date hereofv and Enhanced Oil Resources undertakes no obligation to update publicl y or revise any forward-looking statements or information, whether as a resul of new information, future eventas or otherwise, unless so required by applicabler laws or regulatory policies.
ON BEHALF OF THE BOARxD OF DIRECTORS (signed) Barry D CEO Neither TSX Venture Exchangs nor its Regulation ServicesProvider (as that term is definede in the policies of the TSX Venture accepts responsibility for the adequachy or accuracy of this SOURCE Enhanced Oil Resources Inc.
Friday, December 16, 2011
Hanger Orthopedic gets credit rating upgrade - Pittsburgh Business Times:
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Bethesda-based Hanger Orthopedic announced Monday thatStandard Poor's Rating Services had raised its rating on Hanger Orthopedic Group, Inc. to "B+" from "B;" raisex the issue level ratingon Hanger's seniorf secured debt to "BB-" from "B+;" and raised the seniorr unsecured debt rating to "B-" from "CCC+." Standard Poor’s outlook for Hanger is "We are extremely pleased with the S&P upgrade especially givenb the current economic environment," said Hanger Orthopedic chief financial officefr George McHenry.
"The upgrade among other things, our consistent performance over the lastthrees years, solid liquidity as well as no significant near-term debt maturities." In its latest quarter Hangetr Orthopedic (NYSE: HGR) reported that net income increased 27 percent to $4.5 million as revenure increased 7 percent to $169.1 million.
Bethesda-based Hanger Orthopedic announced Monday thatStandard Poor's Rating Services had raised its rating on Hanger Orthopedic Group, Inc. to "B+" from "B;" raisex the issue level ratingon Hanger's seniorf secured debt to "BB-" from "B+;" and raised the seniorr unsecured debt rating to "B-" from "CCC+." Standard Poor’s outlook for Hanger is "We are extremely pleased with the S&P upgrade especially givenb the current economic environment," said Hanger Orthopedic chief financial officefr George McHenry.
"The upgrade among other things, our consistent performance over the lastthrees years, solid liquidity as well as no significant near-term debt maturities." In its latest quarter Hangetr Orthopedic (NYSE: HGR) reported that net income increased 27 percent to $4.5 million as revenure increased 7 percent to $169.1 million.
Tuesday, December 13, 2011
Iridium earnings fall 42%; revenue up - Kansas City Business Journal:
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The Bethesda-based provider of satellite telephone services, which expects to become publicly traded this summed throughan acquisition, posted a 42 percenyt decline in net income in the first quarter endex March 31, to $9.7 milliob from $16.7 million a year ago. Th company attributex the decline to costs related toits next-generatiohn satellite program. “Iridium continued to grow, although the pace slowed givenb the current economic said CEOMatt Desch.
“I n addition to the impact of phasingg outequipment amortization, we believe the economic climate is affecting equipmentg sales, as is the transition of newlyu introduced products into the distributionj channel as our partners move existinvg inventory to make way for new product.” Company officials say eitherr Bethesda-based Lockheed Martin or Thalews Alenia Space will be selected as the program’ lead contractor this summer. The program’s new networo of satellites called Iridium NEXT is expected to be deployedin 2014. Iridiuj NEXT will provide higher data greater bandwidth and the potential to deliver new data servicesd and applicationsto customers.
The companuy says its EBITDA, or earnings before taxes, depreciation and amortization, increased 4.9 percentt to $27.6 million in the first quarter, up from $26.w million a year ago, though most analysts do not use that as a reliablewfinancial measure. Iridium’s revenue rose 2 percent to $75.8 million for the compared to $74.3 million for the first quarterd 2008. The slightly higher revenue came from increaseds commercial services revenueof $36. 8 million but was offset by a declinwe in subscriber equipment revenueto $20.5r million for the Iridium’s commercial markets includw maritime, aviation and land mobile customers, which grew by 11.5 percentg for the quarter.
The company’ sales to government customers, including the Department of Defense, grew 31 Despite a 31 percent increase in subscribers to comparedto 250,000 in the first quarter of a $2 million amortization of equipment relatee to prior year equipment sales, added to the declinr in subscriber equipment revenue. The company is plannint to go public this but it is not taking the initiap publicoffering route. It is acquiring a publiclgy tradedinvestment group, (NYX: GHQ), an affiliated of Greenhill & Co.
Iridiuj has retained Deutsche Bank as its financial adviser forthe
The Bethesda-based provider of satellite telephone services, which expects to become publicly traded this summed throughan acquisition, posted a 42 percenyt decline in net income in the first quarter endex March 31, to $9.7 milliob from $16.7 million a year ago. Th company attributex the decline to costs related toits next-generatiohn satellite program. “Iridium continued to grow, although the pace slowed givenb the current economic said CEOMatt Desch.
“I n addition to the impact of phasingg outequipment amortization, we believe the economic climate is affecting equipmentg sales, as is the transition of newlyu introduced products into the distributionj channel as our partners move existinvg inventory to make way for new product.” Company officials say eitherr Bethesda-based Lockheed Martin or Thalews Alenia Space will be selected as the program’ lead contractor this summer. The program’s new networo of satellites called Iridium NEXT is expected to be deployedin 2014. Iridiuj NEXT will provide higher data greater bandwidth and the potential to deliver new data servicesd and applicationsto customers.
The companuy says its EBITDA, or earnings before taxes, depreciation and amortization, increased 4.9 percentt to $27.6 million in the first quarter, up from $26.w million a year ago, though most analysts do not use that as a reliablewfinancial measure. Iridium’s revenue rose 2 percent to $75.8 million for the compared to $74.3 million for the first quarterd 2008. The slightly higher revenue came from increaseds commercial services revenueof $36. 8 million but was offset by a declinwe in subscriber equipment revenueto $20.5r million for the Iridium’s commercial markets includw maritime, aviation and land mobile customers, which grew by 11.5 percentg for the quarter.
The company’ sales to government customers, including the Department of Defense, grew 31 Despite a 31 percent increase in subscribers to comparedto 250,000 in the first quarter of a $2 million amortization of equipment relatee to prior year equipment sales, added to the declinr in subscriber equipment revenue. The company is plannint to go public this but it is not taking the initiap publicoffering route. It is acquiring a publiclgy tradedinvestment group, (NYX: GHQ), an affiliated of Greenhill & Co.
Iridiuj has retained Deutsche Bank as its financial adviser forthe
Sunday, December 11, 2011
Breakfast Topic: What's your favorite 5-man instance of all time? - Joystiq
chauezhelolocu1622.blogspot.com
Breakfast Topic: What's your favorite 5-man instance of all time? Joystiq The first instance I ever ran was Shadowfang Keep with my brother and his friends. I was led by the nose through it and it's a good thing, because I couldn't fight to save my life -- I just wanted to look at everything! To this day, it remains the ... |
Friday, December 9, 2011
Telecom giant completes plan to bring back 3,000 outsourced jobs - Birmingham Business Journal:
sunrise-invoices.blogspot.com
“We thought it was important to repatriatdethese jobs,” said Fred McCallum, presidentg of AT&T Alabama. “We have been in the process of doinhg that for the lasttwo years.” The communications holding companty opened a call center for its broadban d Internet customers in downtown Birmingham in September 2008. “In today’as economy, to be adding jobs to downtown Birmingham is a good McCallum said. “We are pleased with the decision and the qualitt of the work forcin Birmingham.
” When AT&Ty merged with in late 2006, the newly formedx company committed to bringing a total of 5,00o0 outsourced jobs back to the United In addition to its Birminghanm location, the company has added broadband support centersd in North Carolina, Louisiana, Floridaq and Kentucky. “It is important to the compant that we grow and retain jobs in the saidHood Harris, spokesman for AT&yT Alabama. The company is also eager to bring some relierf to the area amidst the current economic he said. “We believe this is a good and positivs thing,” Harris said. According to A.J.
professor of strategic management atthe , the reversall of call center outsourcing is a growing trend. “The logic for bringing those jobs back is that there has been an enormoud customer pushback of not bein g able to talk to a person who spokrproper English,” Strickland said. “Consumers can detectf that the people they are talkingv toare foreign.” Harris said it made good businesz sense to bring the outsourced jobs “For AT&T, it became a customer service issue and the cost benefit of outsourcint just wasn’t there,” he “Alabama is a good choice for a call cente because the labor costs in Alabamas are much less than in other
“We thought it was important to repatriatdethese jobs,” said Fred McCallum, presidentg of AT&T Alabama. “We have been in the process of doinhg that for the lasttwo years.” The communications holding companty opened a call center for its broadban d Internet customers in downtown Birmingham in September 2008. “In today’as economy, to be adding jobs to downtown Birmingham is a good McCallum said. “We are pleased with the decision and the qualitt of the work forcin Birmingham.
” When AT&Ty merged with in late 2006, the newly formedx company committed to bringing a total of 5,00o0 outsourced jobs back to the United In addition to its Birminghanm location, the company has added broadband support centersd in North Carolina, Louisiana, Floridaq and Kentucky. “It is important to the compant that we grow and retain jobs in the saidHood Harris, spokesman for AT&yT Alabama. The company is also eager to bring some relierf to the area amidst the current economic he said. “We believe this is a good and positivs thing,” Harris said. According to A.J.
professor of strategic management atthe , the reversall of call center outsourcing is a growing trend. “The logic for bringing those jobs back is that there has been an enormoud customer pushback of not bein g able to talk to a person who spokrproper English,” Strickland said. “Consumers can detectf that the people they are talkingv toare foreign.” Harris said it made good businesz sense to bring the outsourced jobs “For AT&T, it became a customer service issue and the cost benefit of outsourcint just wasn’t there,” he “Alabama is a good choice for a call cente because the labor costs in Alabamas are much less than in other
Wednesday, December 7, 2011
Peter J. Bocian Executive Profile
hydiuco.blogspot.com
About Peter J. Bocian Pete r J. (Pete) Bocian is executive vice president and chiegf administrative officerat HP, responsible for the company
About Peter J. Bocian Pete r J. (Pete) Bocian is executive vice president and chiegf administrative officerat HP, responsible for the company
Monday, December 5, 2011
Conway announces $2 million settlement with Baxter Healthcare - Business First of Louisville:
hihozeima.blogspot.com
Conway said in a news release that Ill.-based Baxter published inflate d average prices for its IV at timesexceeding 1,300 percent more than the real which caused Kentucky Medicaid to pay substantialluy more than it should have. The Kentucku Medicaid program relies on publishe d average wholesale prices to calculate the reimbursementy rate when itreimburses “Taxpayers are footing the bill for these inflatexd drug prices, and my office is seeking to recover the moneh the Medicaid program lost as a resuly of this deception and overpayment,” Conway said in the This is the latest in a serie s of settlements in lawsuits filed by Conway against 47 pharmaceutical makers, including a $2.
4 million settlement with and a $10 milliojn settlement with .
Conway said in a news release that Ill.-based Baxter published inflate d average prices for its IV at timesexceeding 1,300 percent more than the real which caused Kentucky Medicaid to pay substantialluy more than it should have. The Kentucku Medicaid program relies on publishe d average wholesale prices to calculate the reimbursementy rate when itreimburses “Taxpayers are footing the bill for these inflatexd drug prices, and my office is seeking to recover the moneh the Medicaid program lost as a resuly of this deception and overpayment,” Conway said in the This is the latest in a serie s of settlements in lawsuits filed by Conway against 47 pharmaceutical makers, including a $2.
4 million settlement with and a $10 milliojn settlement with .
Friday, December 2, 2011
Partnership Gwinnett heads to Asia - Atlanta Business Chronicle:
utyziluz.wordpress.com
The trip is led by , the communitgy and economic development initiative run by theGwinnetg Chamber. Gwinnett Chamber President Jim Maran, Chamber Vice Presidenr of Economic Development and Partnership Gwinnett Nick Masino and Gwinnetf County Commission Chairman Charles Bannister plus Gwinnett locall business representatives with ties to China and Korea will be on the The trip beginsin China, traveling to Shanghai, Beijing and the Qingdao Province. In relaterd news , a global enterprise providing products in information andreal estate, is expected to make an announcement in Chin on June 25 about its Gwinnett-basede operations.
The delegation then heads to Gwinnett’ds sister community in Seoul, South Korea, the District of The delegation will then travel to Wuxi and then the city of Pohantg to visit with the largwcorporation POSCO. “The Partnership Gwinnett strategy and its investors have allowed the Gwinnety community tocreate high-wage jobs -- more than 5,00 in the last two yearz -- including the most recenf NCR corporate headquarters relocation of 1,5009 jobs,” said Gwinnett County Commission Chairmabn Charles Bannister. “That is why the county and the chambedr are further expanding our economid developmentinitiatives internationally.
We want to create more job opportunitiesa in our community and build our commercial tax base to lessen the burden on Gwinnett residentialproperty
The trip is led by , the communitgy and economic development initiative run by theGwinnetg Chamber. Gwinnett Chamber President Jim Maran, Chamber Vice Presidenr of Economic Development and Partnership Gwinnett Nick Masino and Gwinnetf County Commission Chairman Charles Bannister plus Gwinnett locall business representatives with ties to China and Korea will be on the The trip beginsin China, traveling to Shanghai, Beijing and the Qingdao Province. In relaterd news , a global enterprise providing products in information andreal estate, is expected to make an announcement in Chin on June 25 about its Gwinnett-basede operations.
The delegation then heads to Gwinnett’ds sister community in Seoul, South Korea, the District of The delegation will then travel to Wuxi and then the city of Pohantg to visit with the largwcorporation POSCO. “The Partnership Gwinnett strategy and its investors have allowed the Gwinnety community tocreate high-wage jobs -- more than 5,00 in the last two yearz -- including the most recenf NCR corporate headquarters relocation of 1,5009 jobs,” said Gwinnett County Commission Chairmabn Charles Bannister. “That is why the county and the chambedr are further expanding our economid developmentinitiatives internationally.
We want to create more job opportunitiesa in our community and build our commercial tax base to lessen the burden on Gwinnett residentialproperty
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