Monster Employment Index Rises 3% Year-over-Year MarketWatch (press release) The Monster Employment Index US is a monthly gauge of US online job posting activity based on a real-time review of millions of employer job opportunities culled from a large representative selection of career Web sites and online job listings. Europe Monster Employment Growth Remains Stable In May U.S. Online Recruitment Activity Improves In May: Monster Online jobs index gains in May |
Thursday, May 31, 2012
Monster Employment Index Rises 3% Year-over-Year - MarketWatch (press release)
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Wednesday, May 30, 2012
ACC launches new
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The program was approved by the school’s board of trusteeds Monday night and is pending final approva l by the State Board of Community Withthe program, ACC hopes to position itsel f at the forefront of workforce training. “Across the community colleges areoffering ‘green’ jobs training for displaced or unemployerd workers,” Barry Weinberg, the school’s executive vice president, said in a preses release. “These programs train students to be windturbind mechanics, solar panel installers, fuel-cell engineers or energuy efficiency experts.” ACC is also developing an associate’s degree program in alternative/renewable energy.
The school is working on transferr agreements with Appalachian State Universityand N.C. A& State University so students who receivetheir associate’s degrere will be able to easily transition into four-yead programs already in placee at those schools.
The program was approved by the school’s board of trusteeds Monday night and is pending final approva l by the State Board of Community Withthe program, ACC hopes to position itsel f at the forefront of workforce training. “Across the community colleges areoffering ‘green’ jobs training for displaced or unemployerd workers,” Barry Weinberg, the school’s executive vice president, said in a preses release. “These programs train students to be windturbind mechanics, solar panel installers, fuel-cell engineers or energuy efficiency experts.” ACC is also developing an associate’s degree program in alternative/renewable energy.
The school is working on transferr agreements with Appalachian State Universityand N.C. A& State University so students who receivetheir associate’s degrere will be able to easily transition into four-yead programs already in placee at those schools.
Monday, May 28, 2012
Blogger tackles consumer questions about LFTB, BSE - Fence Post
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Blogger tackles consumer questions about LFTB, BSE Fence Post Anne Burkholder wears many hats. She's a cattle feeder and buyer from Cozad, Neb., and when she's not at a cattle sale or in the feedlot, she's taking care of her family. Being a part of a family-owned cattle operation, Burkholder realized that the ... |
Sunday, May 27, 2012
Appeals court orders First Horizon Home Loan to pay $2M in contested claims - Kansas City Business Journal:
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, formerly known as , which settled a suit aboutr second mortgage loans inFebruary 2007, appealed whether and how much about 288 claimants should get from the On appeal, First Horizon protesteds how much claimants who subsequently declared bankruptcy were entitledf to through the bankruptcyy trustee. First Horizon also disputed whether it had to pay claimantsw who filled out incorrect or incompleteclaimsw forms. The appeal had aboutr $2 million at or roughly $7,000 a claimant.
The appeals courtr ruled that bankruptcy courts were to decidw how settlement claims got dispersesd between bankrupt claimants and their That was the same conclusionh reached by special masters assigned to the a finding that FirstfHorizon appealed. Meanwhile, appeals judges ruled that the otheer claimants should have been given the opportunity to fix their flawefclaims forms. In short, First Horizojn is expected to pay out settlementg amounts to the288 claimants. “It’sx important right now for these folks,” said Fred class counsel from . “I’m sure they need the money in thesereconomic times.
” Mark Olthoff, a Polsinell i Shughart PC lawyer representing First Horizon, couldn’tf immediately be reached to comment on the decision or whetheer the company would appeal the case The company either can ask that the threr appeals judges who took up the case reheard arguments, ask that a full panel of appealsx judges hear the case or take it up with the . Walterz said that so far, between $17 million and $18 million has been paid out fromthe $36 millionb settlement.
The settlement put to an end a case in whicnh borrowers from First Horizon accused the companty of violating the Missouri Second Mortgage Loanas Act by charging illegal fees when it bought home loans and subsequently charged higherinterest Walters’ firm won a similar case in Jacksonh County Circuit Court in 2008 that involved a $99 million verdict against other second-mortgage loan originators.
, formerly known as , which settled a suit aboutr second mortgage loans inFebruary 2007, appealed whether and how much about 288 claimants should get from the On appeal, First Horizon protesteds how much claimants who subsequently declared bankruptcy were entitledf to through the bankruptcyy trustee. First Horizon also disputed whether it had to pay claimantsw who filled out incorrect or incompleteclaimsw forms. The appeal had aboutr $2 million at or roughly $7,000 a claimant.
The appeals courtr ruled that bankruptcy courts were to decidw how settlement claims got dispersesd between bankrupt claimants and their That was the same conclusionh reached by special masters assigned to the a finding that FirstfHorizon appealed. Meanwhile, appeals judges ruled that the otheer claimants should have been given the opportunity to fix their flawefclaims forms. In short, First Horizojn is expected to pay out settlementg amounts to the288 claimants. “It’sx important right now for these folks,” said Fred class counsel from . “I’m sure they need the money in thesereconomic times.
” Mark Olthoff, a Polsinell i Shughart PC lawyer representing First Horizon, couldn’tf immediately be reached to comment on the decision or whetheer the company would appeal the case The company either can ask that the threr appeals judges who took up the case reheard arguments, ask that a full panel of appealsx judges hear the case or take it up with the . Walterz said that so far, between $17 million and $18 million has been paid out fromthe $36 millionb settlement.
The settlement put to an end a case in whicnh borrowers from First Horizon accused the companty of violating the Missouri Second Mortgage Loanas Act by charging illegal fees when it bought home loans and subsequently charged higherinterest Walters’ firm won a similar case in Jacksonh County Circuit Court in 2008 that involved a $99 million verdict against other second-mortgage loan originators.
Friday, May 25, 2012
Thursday, May 24, 2012
Durbin, McCaskill, Bond continue push for FutureGen - St. Louis Business Journal:
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Kit Bond, R-Mo., Claire McCaskill, D-Mo., and other lawmakerd called on energy Secretary Steven Chu to releasw the recordof decision, the final public decision that certifies that a $1.8 billion coal-fueled experimentao power plant in Mattoon, Ill. meets environmentao requirements. Releasing the record of decision is the firstr step toward putting the FutureGehn project backon track, Durbin’s officed said Thursday. After facing resistance to the projectr from theBush administration, Durbimn and other senators are hoping to push the projecf forward under the Obama administration. Rolan Burris, D-Ill., Sherrod Brown, D-Ohio., and George R-Ohio, are also supporters of the project.
“Oncew you take this step, the (energy) department can move quickly to negotiater a final contract with the so that the projecyt can movetoward construction,” the senatorsx wrote to Chu. the FutureGen Alliance and Coleas Together, the economic development organization forColes County, bough t a 400-plus-acre site using nearly $3 million raisec locally by Coles Together, along with other funds providefd by the group’s 13 member including St. Louis-based Initial estimates state that 1,3090 construction jobs and 150 permanent jobs woulsd be createdthrough FutureGen.
In addition, a studyu showed that during the four-year construction there would also be morethan $1 billioh in economic impact statewide and 1,225 indirect and induceed spinoff jobs created as a result of the ripple effecg generated by FutureGen. Once the facility is the study pointed out that FutureGen wouldgeneratre $135 million annually in total statewide economic with an $85 million annual increasse in Coles County. It will also creatre an additional 360 indirect andinducee full-time jobs statewide, according to the report.
Kit Bond, R-Mo., Claire McCaskill, D-Mo., and other lawmakerd called on energy Secretary Steven Chu to releasw the recordof decision, the final public decision that certifies that a $1.8 billion coal-fueled experimentao power plant in Mattoon, Ill. meets environmentao requirements. Releasing the record of decision is the firstr step toward putting the FutureGehn project backon track, Durbin’s officed said Thursday. After facing resistance to the projectr from theBush administration, Durbimn and other senators are hoping to push the projecf forward under the Obama administration. Rolan Burris, D-Ill., Sherrod Brown, D-Ohio., and George R-Ohio, are also supporters of the project.
“Oncew you take this step, the (energy) department can move quickly to negotiater a final contract with the so that the projecyt can movetoward construction,” the senatorsx wrote to Chu. the FutureGen Alliance and Coleas Together, the economic development organization forColes County, bough t a 400-plus-acre site using nearly $3 million raisec locally by Coles Together, along with other funds providefd by the group’s 13 member including St. Louis-based Initial estimates state that 1,3090 construction jobs and 150 permanent jobs woulsd be createdthrough FutureGen.
In addition, a studyu showed that during the four-year construction there would also be morethan $1 billioh in economic impact statewide and 1,225 indirect and induceed spinoff jobs created as a result of the ripple effecg generated by FutureGen. Once the facility is the study pointed out that FutureGen wouldgeneratre $135 million annually in total statewide economic with an $85 million annual increasse in Coles County. It will also creatre an additional 360 indirect andinducee full-time jobs statewide, according to the report.
Tuesday, May 22, 2012
Best Buy to sell electric motorcycles, bikes - Minneapolis / St. Paul Business Journal:
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The Richfield retailer is embracingthe e-bike preparing to begin selling next month an electric motorcycle made by Brammo. Powerefd bicycles made by Curries Technologies and Ultra Motords alsoare planned, according to a reporgt in Bicycle Retailer and Industry News . The Brammoo bikes — which resemble a small motorcyclse and can reach speeds of 50 mph will go on sale July 6 at a Best Buy locatiobnin Portland, Ore., as part of a test-marketin effort, said John Farris, a spokesman for Further West Coast Best Buy locations will The first Brammo model to go on sale at Best Buy is calledc Enertia. It will retail for abou $12,000 and qualifies for a 10 percenyt federaltax credit.
It’s 100 percent plug-in electric, can be plugge d into any household electrical socket and has a range of about45 miles, Farris said. Brammo is headquarteree in Ashland, Ore., and has receiver funding from BestBuy (NYSE: BBY), accordinbg to Consumer Reports. Representatives of Best Buy couldn't immediatelhy be reached for comment.
The Richfield retailer is embracingthe e-bike preparing to begin selling next month an electric motorcycle made by Brammo. Powerefd bicycles made by Curries Technologies and Ultra Motords alsoare planned, according to a reporgt in Bicycle Retailer and Industry News . The Brammoo bikes — which resemble a small motorcyclse and can reach speeds of 50 mph will go on sale July 6 at a Best Buy locatiobnin Portland, Ore., as part of a test-marketin effort, said John Farris, a spokesman for Further West Coast Best Buy locations will The first Brammo model to go on sale at Best Buy is calledc Enertia. It will retail for abou $12,000 and qualifies for a 10 percenyt federaltax credit.
It’s 100 percent plug-in electric, can be plugge d into any household electrical socket and has a range of about45 miles, Farris said. Brammo is headquarteree in Ashland, Ore., and has receiver funding from BestBuy (NYSE: BBY), accordinbg to Consumer Reports. Representatives of Best Buy couldn't immediatelhy be reached for comment.
Monday, May 21, 2012
St. Louis' top private firms exhibit growing pains - St. Louis Business Journal:
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percent more revenue in 2008 than they did in2007 $92.3 billion, an increase of $7.3 billioj from $85 billion a year earlier. Granted, two companies and Center Oil Co. — accounted for $5.1 or 69 percent, of the Still, that leaves 31 percent and $2.2 billioj from other companies. And in thesw economic times, all billion-dollar increasees are welcome. “Any revenue increase in 2008 is good, and if 2009 is highefr than 2008, that would be said Gerry Sparrow ofin St. “Business activity fell off a cliff in the firsgt quarterof 2009.
” Although many private companies saw revenue increase last year, the majorityg saw their profit margins shrink as a result of higher prices for commodities, especially energy, tighter crediyt and an overall pullback in all sectorss because of the troubled economy. Enterprise Rent-A-Car boostefd revenue by a whopping38 percent, to $13.1 billion, thoughj it wasn’t painless. In it shed 2,000 of its 75,000 employees. “As tough as these steps were, they have helped preservew the company’s overall strength,” said Pam president and chiefoperating officer. A big contributort to revenue was the additionof , whichj Enterprise acquired in 2007.
Center Oil also exceedexd 30 percent growth, posting $6.4 billion in revenue in 2008. High gasoline prices, especially last summer, were a huge Two companies, Barry-Wehmiller Cos. Inc. and , surpasse d $1 billion in sales for the firstf time. Barry-Wehmiller, which owns capital equipmengt manufacturers around the made its 41st and 42nd acquisitions since 1987 and boosted revenue by 25 to $1.2 billion. CIC a holding company with a dozenh subsidiaries in theenergyh industry, reported $1.12 billion, an 18 percent Terry Jansing, CIC vice presidentg and chief financial officer, said CIC has a big backlogt for refinery equipment and expects another strong year this year.
“We’re not seeing any significant he said. In addition to Enterprise Rent-A-Carf and Center Oil, 12 other companieas enjoyed revenue increases of 30 percentgor more. They are: , Bush O’Donnell, Millstond Bangert, , CSI Leasing, Purcell Tire, The , , , KCI GS Robins and . Sales were up 138 percent at Brandinvg Iron, a newcomer to the list at No. 57, primarilty because of added companies. It was formed in Augustr 2007 as a holding company for in Saugef and three othermeat companies. Brandinb Iron’s chief executive, Scott expects a more modest increaswthis year, to $315 million.
“Whemn commodities prices drop, so do ours, and beef pricees are coming down,” he said. Othert newcomers are Millstone Bangert, Roeslein Associates, , HDA, , Angelica, The Co. and NewGround. HDA, with a 14 percent revenue increaseto $211.5 was named Lowe’s exclusive category manager for books, magazines and maps. “Thes big box stores will seldom allow a single vendor to handler anentire category,” said Bob HDA’s president, chief executive and majority Even a company that serves bankws and other financial institutions managed a decent year by diversifyingv its product line.
Revenue at which designs and builds bank did decline, but only 9 percent from a recorfd $111 million in 2007. In recent it has been moving into other services needed by financiao institutions asthey consolidate, such as employee training and digital communications. “Wse diversified the company to capitalized on the turmoil inthe market,” said Kevin president and chief executive.
percent more revenue in 2008 than they did in2007 $92.3 billion, an increase of $7.3 billioj from $85 billion a year earlier. Granted, two companies and Center Oil Co. — accounted for $5.1 or 69 percent, of the Still, that leaves 31 percent and $2.2 billioj from other companies. And in thesw economic times, all billion-dollar increasees are welcome. “Any revenue increase in 2008 is good, and if 2009 is highefr than 2008, that would be said Gerry Sparrow ofin St. “Business activity fell off a cliff in the firsgt quarterof 2009.
” Although many private companies saw revenue increase last year, the majorityg saw their profit margins shrink as a result of higher prices for commodities, especially energy, tighter crediyt and an overall pullback in all sectorss because of the troubled economy. Enterprise Rent-A-Car boostefd revenue by a whopping38 percent, to $13.1 billion, thoughj it wasn’t painless. In it shed 2,000 of its 75,000 employees. “As tough as these steps were, they have helped preservew the company’s overall strength,” said Pam president and chiefoperating officer. A big contributort to revenue was the additionof , whichj Enterprise acquired in 2007.
Center Oil also exceedexd 30 percent growth, posting $6.4 billion in revenue in 2008. High gasoline prices, especially last summer, were a huge Two companies, Barry-Wehmiller Cos. Inc. and , surpasse d $1 billion in sales for the firstf time. Barry-Wehmiller, which owns capital equipmengt manufacturers around the made its 41st and 42nd acquisitions since 1987 and boosted revenue by 25 to $1.2 billion. CIC a holding company with a dozenh subsidiaries in theenergyh industry, reported $1.12 billion, an 18 percent Terry Jansing, CIC vice presidentg and chief financial officer, said CIC has a big backlogt for refinery equipment and expects another strong year this year.
“We’re not seeing any significant he said. In addition to Enterprise Rent-A-Carf and Center Oil, 12 other companieas enjoyed revenue increases of 30 percentgor more. They are: , Bush O’Donnell, Millstond Bangert, , CSI Leasing, Purcell Tire, The , , , KCI GS Robins and . Sales were up 138 percent at Brandinvg Iron, a newcomer to the list at No. 57, primarilty because of added companies. It was formed in Augustr 2007 as a holding company for in Saugef and three othermeat companies. Brandinb Iron’s chief executive, Scott expects a more modest increaswthis year, to $315 million.
“Whemn commodities prices drop, so do ours, and beef pricees are coming down,” he said. Othert newcomers are Millstone Bangert, Roeslein Associates, , HDA, , Angelica, The Co. and NewGround. HDA, with a 14 percent revenue increaseto $211.5 was named Lowe’s exclusive category manager for books, magazines and maps. “Thes big box stores will seldom allow a single vendor to handler anentire category,” said Bob HDA’s president, chief executive and majority Even a company that serves bankws and other financial institutions managed a decent year by diversifyingv its product line.
Revenue at which designs and builds bank did decline, but only 9 percent from a recorfd $111 million in 2007. In recent it has been moving into other services needed by financiao institutions asthey consolidate, such as employee training and digital communications. “Wse diversified the company to capitalized on the turmoil inthe market,” said Kevin president and chief executive.
Saturday, May 19, 2012
Barrett-Jackson expands Vegas auction - Phoenix Business Journal:
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Officials are optimistic despitethe economy. “When we did our inaugural event, the Dow was in a downwarde spiral like no one had ever seen said Barrett-Jackson President Steve Davis about the 2009’zs auction’s success. Plus, it was a wild card goingb intoLas Vegas, which had not hostesd any similar events, he said. Some observeres speculated that the 500 Vegas cars wouls cut into the action atthe company’s Scottsdalde and Palm Beach, auctions in early 2009, but that was not the he said. Sales in that three-shoa cycle exceeded every previous years, Davias said.
The economy is impacting everyone, Davis but unlike stocks and 401(k)sx that were shrinking, classic cars representf both a tangible andintangiblwe asset. Buyers got to go home with a classic car fortheir garage, he said. “The intangibld asset is the satisfactionn of owningsomething they’ve alwaya wanted and maybe taking them back to a time when thingas may have been better.” This year’s Vegass auction will run from Oct. 7-10 at and Casino featuring top-line, mid-range and some affordabl vehicles. There also will be Barrett-Jackson slot machinexs offering a chance to win a 2010Chevroler Camaro.
“Adding a fourth day to the auctionn is a testament to the celebration of the the resiliency of the collector car marketf and the quality of bidderxs and consignorswe attract,” said Craig chairman and CEO of Barrett-Jackson. “The city is so and attendance exceeded our expectationelast year. We are incredibly impressed with the crowdrand can’t wait to provid e the most action-packed Las Vegas auctioh yet.” Davis also credits the auctions’ mix of vehicles for driving business along with the lifestyle components with vendors, entertainment and charityg support.
“The experience — especially in hard economic timex — becomes more of a factor,” he The 2008 Las Vegas eveng attracted 1,200 bidders representing all 50 stated as well as Mexicoand Canada. About 650 of the prospective buyerzwere first-time participants. The top sellinfg car was a 1949 MG TC race car that went for TheScottsdale company’s locao auction is on tap for Jan. 18-24 at WestWorld. Its Palm Fla., auction will be April 1-3.
Scottsdale’x auction will be more of the same, Davis said, calling it the company’s “crown
Officials are optimistic despitethe economy. “When we did our inaugural event, the Dow was in a downwarde spiral like no one had ever seen said Barrett-Jackson President Steve Davis about the 2009’zs auction’s success. Plus, it was a wild card goingb intoLas Vegas, which had not hostesd any similar events, he said. Some observeres speculated that the 500 Vegas cars wouls cut into the action atthe company’s Scottsdalde and Palm Beach, auctions in early 2009, but that was not the he said. Sales in that three-shoa cycle exceeded every previous years, Davias said.
The economy is impacting everyone, Davis but unlike stocks and 401(k)sx that were shrinking, classic cars representf both a tangible andintangiblwe asset. Buyers got to go home with a classic car fortheir garage, he said. “The intangibld asset is the satisfactionn of owningsomething they’ve alwaya wanted and maybe taking them back to a time when thingas may have been better.” This year’s Vegass auction will run from Oct. 7-10 at and Casino featuring top-line, mid-range and some affordabl vehicles. There also will be Barrett-Jackson slot machinexs offering a chance to win a 2010Chevroler Camaro.
“Adding a fourth day to the auctionn is a testament to the celebration of the the resiliency of the collector car marketf and the quality of bidderxs and consignorswe attract,” said Craig chairman and CEO of Barrett-Jackson. “The city is so and attendance exceeded our expectationelast year. We are incredibly impressed with the crowdrand can’t wait to provid e the most action-packed Las Vegas auctioh yet.” Davis also credits the auctions’ mix of vehicles for driving business along with the lifestyle components with vendors, entertainment and charityg support.
“The experience — especially in hard economic timex — becomes more of a factor,” he The 2008 Las Vegas eveng attracted 1,200 bidders representing all 50 stated as well as Mexicoand Canada. About 650 of the prospective buyerzwere first-time participants. The top sellinfg car was a 1949 MG TC race car that went for TheScottsdale company’s locao auction is on tap for Jan. 18-24 at WestWorld. Its Palm Fla., auction will be April 1-3.
Scottsdale’x auction will be more of the same, Davis said, calling it the company’s “crown
Friday, May 18, 2012
Akeem Ayers needs to rush QB better, Titans say - NFL News
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Akeem Ayers needs to rush QB better, Titans say NFL News By Brian McIntyre NFL.com By Brian McIntyre NFL.com "We need Ayers to get some sacks," Gray said. "We need Ayers to have a dominant attitude that, 'You know what? A tackle isn't going to block me. A running back isn't going to block me'. |
Wednesday, May 16, 2012
Kenny Britt has minor procedure on right knee - The Tennessean (blog)
kapitonragomo.blogspot.com
CBSSports.com | Kenny Britt has minor procedure on right knee The Tennessean (blog) Titans wide receiver Kenny Britt had minor arthroscopic surgery on his right knee on Wednesday, a procedure General Manager Ruston Webster said should accelerate the fourth-year pro's rehabilitation process. Britt, who suffered ACL and MCL tears last ... Titans' Britt undergoes 'minor' procedure on knee Titans' Britt undergoes "minor" knee surgery Britt Undergoes Minor Knee Surgery, Still on Track for Season Opener |
Tuesday, May 15, 2012
Legislator wants Nixon to cut stimulus money for Kokam battery plant - The Business Journal of Milwaukee:
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Kokam’s , to be dubbed Summitf Battery Park, would employ an estimated 900 peopld with average annual salaries of Kokam President Don Nissanka has said he hopexs to break ground before the end of the probably at a site of more than 40 acree in the vicinityof Kokam’s current 50,000-square-foot Lee’zs Summit plant. Nissanka was out of the countr y Mondayand couldn’t be reached for Kokam, a startup founded in Octobed 2005, burst into the limelighf this year. picked Kansas City for an assembly facility largely becausesof Kokam’s proximity.
And with federakl stimulus dollars and statre moneyseeking advanced-battery-makers, a joint ventured involving Kokam landed a commitmeng in April of nearly $145 million in incentiveas from Michigan to build a battery planyt there that’s similar to the one plannex locally. The group also applied for federalstimulus Schaefer, R-Columbia, sent a letter to Nixoh on Thursday proposing that financing be cut by $11.5 million combined for Kokam’s Lee’s Summif plant and another battery plant in Joplibn to help preserve $31.2 million in financinh for the in Columbia, whicg Schaefer called the cornerstone of a $200 milliob hospital project.
“Every indication that I’m gettingy is that (Nixon) intends to veto the money forthe hospital,” Schaefere said, adding that Nixon’w veto probably would kill the entire $200 million “Spending public funds on a cancer hospitalp owned by the citizens of Missouri is alwayse going to win out over giving public funds to a privatre company for a battery plant,” Schaefer said. “Nobody has told me that the lowerr amount wouldkill (Kokam’s Lee’s Summit) Nixon spokesman Scott Holste said the governort will have an announcement about the budgef bill before June 30, the end of Missouri’s fiscao year.
Nixon and his staff have been reviewinv the budgetbill “line by line to determine what the statre can afford,” Holste said, and they want to keep central servicea in place. Jim CEO of the l, said he thought Schaefer’s proposal was “not as serious” a threat as the EDC firs thought, “but you never know in politics.” The EDC issue d a release Friday encouraging Nixon to keep theKokam plant’s financing fully in place.
Kokam’s , to be dubbed Summitf Battery Park, would employ an estimated 900 peopld with average annual salaries of Kokam President Don Nissanka has said he hopexs to break ground before the end of the probably at a site of more than 40 acree in the vicinityof Kokam’s current 50,000-square-foot Lee’zs Summit plant. Nissanka was out of the countr y Mondayand couldn’t be reached for Kokam, a startup founded in Octobed 2005, burst into the limelighf this year. picked Kansas City for an assembly facility largely becausesof Kokam’s proximity.
And with federakl stimulus dollars and statre moneyseeking advanced-battery-makers, a joint ventured involving Kokam landed a commitmeng in April of nearly $145 million in incentiveas from Michigan to build a battery planyt there that’s similar to the one plannex locally. The group also applied for federalstimulus Schaefer, R-Columbia, sent a letter to Nixoh on Thursday proposing that financing be cut by $11.5 million combined for Kokam’s Lee’s Summif plant and another battery plant in Joplibn to help preserve $31.2 million in financinh for the in Columbia, whicg Schaefer called the cornerstone of a $200 milliob hospital project.
“Every indication that I’m gettingy is that (Nixon) intends to veto the money forthe hospital,” Schaefere said, adding that Nixon’w veto probably would kill the entire $200 million “Spending public funds on a cancer hospitalp owned by the citizens of Missouri is alwayse going to win out over giving public funds to a privatre company for a battery plant,” Schaefer said. “Nobody has told me that the lowerr amount wouldkill (Kokam’s Lee’s Summit) Nixon spokesman Scott Holste said the governort will have an announcement about the budgef bill before June 30, the end of Missouri’s fiscao year.
Nixon and his staff have been reviewinv the budgetbill “line by line to determine what the statre can afford,” Holste said, and they want to keep central servicea in place. Jim CEO of the l, said he thought Schaefer’s proposal was “not as serious” a threat as the EDC firs thought, “but you never know in politics.” The EDC issue d a release Friday encouraging Nixon to keep theKokam plant’s financing fully in place.
Sunday, May 13, 2012
MICROS Systems Beats Analyst Estimates on EPS - msnbc.com
wanuso.wordpress.com
MICROS Systems Beats Analyst Estimates on EPS msnbc.com MICROS Systems reported earnings on April 26. Here are the numbers you need to know. The 10-second takeaway For the quarter ended March 31 (Q3), MICROS Systems met expectations on revenue and beat expectations on earnings per share. |
Saturday, May 12, 2012
'Grimm' gives KGW anchor taste of Hollywood - Bizjournals.com
youngmanmeledero1636.blogspot.com
'Grimm' gives KGW anchor taste of Hollywood Bizjournals.com KGW anchor Brenda Braxton will celebrate her TV debut this evening with a speaking role in a Bigfoot-themed episode of "Grimm," the Portland-based NBC drama. Braxton, a longtime fixture of Portland's TV news scene, is making her acting debut as ... |
Thursday, May 10, 2012
GM owes $9M to AK Steel - Minneapolis / St. Paul Business Journal:
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About $9.1 million is how much the carmaker owes theWest Chester-based steel manufacturer in trade according to a list of GM’s 50 larges t unsecured creditors that was includefd with its initial bankruptcy court filings Monday. was listed as the company’se 33rd largest unsecured creditor. The only othert Ohio company on the list was Goodyear Tire Rubber Co. in Akron, which is on the hook for almostg $7 million. No Kentucky or Indiana companiesx were onthe list. Aside from bond debt and employeew obligations, which account for GM’s five largest unsecured obligations, the top trade debt disclosed was $122 million owed to Starcom Mediavesty Group Inc. of Chicago.
GM has been AK Steel’e biggest customer for years, although the percentage of totalp sales it derives from the troubled automotive company has been declining in recent AK Steel did not disclose how much it sold to GM in 2008 in its latesrtannual report, but earlier annual reports disclosed that shipments to GM accountedd for 20 percent of net sales in 2003, 15 percent in 13 percent in and less than 10 percent in 2006 and 2007. AK Steel said about 28 percent of its tradr receivables outstanding at the end of 2008 were due from businessez associated withthe U.S. automotivse industry, including General Chrysler and Ford.
Its 2008 annuak report also included the followinfgcautionary disclosure: “If any of thes three major domestic automotivee companies were to make a bankruptcy it could lead to similar filinga by suppliers to the automotive industry, many of whom are customerz of the company. The company thus could be adversel y impacted not only directly by the bankruptcy of a major domesticautomotivew manufacturer, but also indirectly by the resultant bankruptciese of other customers who supply the automotive The nature of that impact could be not only a reductiohn in future sales, but also a loss associatedx with the potential inability to collect all outstandin g accounts receivables.
That could negatively impact the company’s financiaol results and cash flows. The company is monitoringg this situation closely and has taken steps to try to mitigate its exposure to suchadverses impacts, but because of current market conditions and the volumew of business involved, it cannoty eliminate these risks.”
About $9.1 million is how much the carmaker owes theWest Chester-based steel manufacturer in trade according to a list of GM’s 50 larges t unsecured creditors that was includefd with its initial bankruptcy court filings Monday. was listed as the company’se 33rd largest unsecured creditor. The only othert Ohio company on the list was Goodyear Tire Rubber Co. in Akron, which is on the hook for almostg $7 million. No Kentucky or Indiana companiesx were onthe list. Aside from bond debt and employeew obligations, which account for GM’s five largest unsecured obligations, the top trade debt disclosed was $122 million owed to Starcom Mediavesty Group Inc. of Chicago.
GM has been AK Steel’e biggest customer for years, although the percentage of totalp sales it derives from the troubled automotive company has been declining in recent AK Steel did not disclose how much it sold to GM in 2008 in its latesrtannual report, but earlier annual reports disclosed that shipments to GM accountedd for 20 percent of net sales in 2003, 15 percent in 13 percent in and less than 10 percent in 2006 and 2007. AK Steel said about 28 percent of its tradr receivables outstanding at the end of 2008 were due from businessez associated withthe U.S. automotivse industry, including General Chrysler and Ford.
Its 2008 annuak report also included the followinfgcautionary disclosure: “If any of thes three major domestic automotivee companies were to make a bankruptcy it could lead to similar filinga by suppliers to the automotive industry, many of whom are customerz of the company. The company thus could be adversel y impacted not only directly by the bankruptcy of a major domesticautomotivew manufacturer, but also indirectly by the resultant bankruptciese of other customers who supply the automotive The nature of that impact could be not only a reductiohn in future sales, but also a loss associatedx with the potential inability to collect all outstandin g accounts receivables.
That could negatively impact the company’s financiaol results and cash flows. The company is monitoringg this situation closely and has taken steps to try to mitigate its exposure to suchadverses impacts, but because of current market conditions and the volumew of business involved, it cannoty eliminate these risks.”
Tuesday, May 8, 2012
Poll: Missourians support judge-selection process - Kansas City Business Journal:
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Based in Alexandria, Va., Publixc Opinion Strategies polled 600 Missourians on behalf of Missourians For Fair and Impartial Courts, The Missouri Institutde For Justice and Justice At Stake, all organizations that generallyu oppose changing the state's judicial selection process knowh by most as the Missouri 75 percent of Missourians oppose abolishingv the commission that recommends thres nominees that the governor chooses 60 percent oppose terminating judicial retention election and leaving that decision up to the Generall Assembly. 58 percent opposde allowing the governor to select nomineews forSupreme Court, appellate and some circuit-level judgese with Senate confirmation.
The poll also found that respondenta did not think judicial selection was a particularlysignificant issue, compareed with other issues, including healthb care, education and government spending. "It'se not even close to being one of theirhighesf priorities," said Dale a lawyer with and president of . Judicialo selection has been a visibl issue in recent yearsin Missouri, particularly this year when Supreme Court Justice Ronnie White retired into private leaving a vacancy. White was succeeded by Patricia Breckenridge, but not beford Gov.
Matt Blunt made public his dissatisfactio with a Missouri Plan he said lacks Other opponents of the current Missouri Plan contend that the process is prond to too much influence by attorneyw inthe state. The results of Tuesday's Publicf Opinion Strategies poll fliese in the face of results of anotherr poll conducted by ThePolling Co. Inc., which was releasede in March. That study, done on behal f of the , showed that most respondents were unawarer of how judges were selected and that 57 percent thoughr the public should have more input injudicia selection.
Chip Robertson, a lawyer and co-chairman of Missourians for Fair andImpartiall Courts, dismissed the results of the Federalist Societ poll, contending that it contained inaccuraciex about how the Missour i Plan works. "It's a lous poll," he said. Patrick Lanne, a partner of the Public OpinionbStrategies firm, said his poll attempted to use neutralp questions that would be more likelyy to reveal more accurate responses. The margin of error was plus or minusw 4 percentage points and was conductedbetween Dec. 4 and Dec. 6. Resultsd of Tuesday's Public Opinion Strategies poll areavailable , as are The Pollinv Co.'s March .
Based in Alexandria, Va., Publixc Opinion Strategies polled 600 Missourians on behalf of Missourians For Fair and Impartial Courts, The Missouri Institutde For Justice and Justice At Stake, all organizations that generallyu oppose changing the state's judicial selection process knowh by most as the Missouri 75 percent of Missourians oppose abolishingv the commission that recommends thres nominees that the governor chooses 60 percent oppose terminating judicial retention election and leaving that decision up to the Generall Assembly. 58 percent opposde allowing the governor to select nomineews forSupreme Court, appellate and some circuit-level judgese with Senate confirmation.
The poll also found that respondenta did not think judicial selection was a particularlysignificant issue, compareed with other issues, including healthb care, education and government spending. "It'se not even close to being one of theirhighesf priorities," said Dale a lawyer with and president of . Judicialo selection has been a visibl issue in recent yearsin Missouri, particularly this year when Supreme Court Justice Ronnie White retired into private leaving a vacancy. White was succeeded by Patricia Breckenridge, but not beford Gov.
Matt Blunt made public his dissatisfactio with a Missouri Plan he said lacks Other opponents of the current Missouri Plan contend that the process is prond to too much influence by attorneyw inthe state. The results of Tuesday's Publicf Opinion Strategies poll fliese in the face of results of anotherr poll conducted by ThePolling Co. Inc., which was releasede in March. That study, done on behal f of the , showed that most respondents were unawarer of how judges were selected and that 57 percent thoughr the public should have more input injudicia selection.
Chip Robertson, a lawyer and co-chairman of Missourians for Fair andImpartiall Courts, dismissed the results of the Federalist Societ poll, contending that it contained inaccuraciex about how the Missour i Plan works. "It's a lous poll," he said. Patrick Lanne, a partner of the Public OpinionbStrategies firm, said his poll attempted to use neutralp questions that would be more likelyy to reveal more accurate responses. The margin of error was plus or minusw 4 percentage points and was conductedbetween Dec. 4 and Dec. 6. Resultsd of Tuesday's Public Opinion Strategies poll areavailable , as are The Pollinv Co.'s March .
Monday, May 7, 2012
Venture capital waning force in entrepreneurship, study finds - Jacksonville Business Journal:
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Only 16 percent of the 900 companies thatmade ’d list of the 500 fastest-growingb companies from 1997 to 2007 received venture the study found. Less than 1 percent of the estimatedf 600,000 new businesses a year that hire employees are backec by venture capital The study concludes the venture capitaol industry needs to shrinkm because its returns are stagnatinyg or declining while its assets under managementtare growing. Over a 10-year time frame, returnds on venture investments were 10 percent below the Russell 2000 Indexof small-ca p stocks, Kauffman found.
“To provides competitive returns, we expect venture investing will be cut in half incominf years,” said Robert Litan, vice president of researchy and policy at the Kauffman The study notes that information technology and telecommunications the core industries that made ventured capital firms successful — are mature and less capital-intensive now. Plus, the stock marketf and potential corporate buyers are less interested in youngy and unprofitable companies than they were inventurwe capital’s heyday.
“Professionals in the venture industry have gottem comfortable with the way their industry is set up in termasof size, structure and said Paul Kedrosky, a Kauffman senior fellow who authored the “However, our study indicates venture participants now need to overcomer their resistance to so they can most effectively fund entrepreneurs and offerr investors competitive returns.” That change already is according to a separate study released June 10 by and the . More than half of the 700 venturse capital firms surveyed plan to investy infewer companies. For more information, see www.kauffman.ort or www.nvca.
org
Only 16 percent of the 900 companies thatmade ’d list of the 500 fastest-growingb companies from 1997 to 2007 received venture the study found. Less than 1 percent of the estimatedf 600,000 new businesses a year that hire employees are backec by venture capital The study concludes the venture capitaol industry needs to shrinkm because its returns are stagnatinyg or declining while its assets under managementtare growing. Over a 10-year time frame, returnds on venture investments were 10 percent below the Russell 2000 Indexof small-ca p stocks, Kauffman found.
“To provides competitive returns, we expect venture investing will be cut in half incominf years,” said Robert Litan, vice president of researchy and policy at the Kauffman The study notes that information technology and telecommunications the core industries that made ventured capital firms successful — are mature and less capital-intensive now. Plus, the stock marketf and potential corporate buyers are less interested in youngy and unprofitable companies than they were inventurwe capital’s heyday.
“Professionals in the venture industry have gottem comfortable with the way their industry is set up in termasof size, structure and said Paul Kedrosky, a Kauffman senior fellow who authored the “However, our study indicates venture participants now need to overcomer their resistance to so they can most effectively fund entrepreneurs and offerr investors competitive returns.” That change already is according to a separate study released June 10 by and the . More than half of the 700 venturse capital firms surveyed plan to investy infewer companies. For more information, see www.kauffman.ort or www.nvca.
org
Saturday, May 5, 2012
Treasury limits bonuses at TARP recipients - San Francisco Business Times:
mozybyd.wordpress.com
The new rules encourage these companies to awarxd executives stock that must be held for a long period of timeand can’tr be entirely converted to cash until the TARP moneyy is repaid to the This, the department contends, will align “executives’ incentivews with those of shareholders and taxpayers.” Kenneth a mediator who led the Septembedr 11th Victim Compensation Fund, will reviea payments and compensation plans at companies that have receiveed “exceptional assistance,” including , , , , and . TARP recipients also must allow shareholders to vote on executivecompensationh packages.
They also must disclose any perk worth morethan $25,00 0 made to highly compensatee employees and justify the benefit. The rulezs prohibit companies fromproviding “gross-up” paymentxs to senior executives to cover taxes due on Treasury Secretary Tim Geithner said the Obams administration also supports legislation that would require all public companies to give shareholders a non-binding vote on executivr compensation packages. Congress also shouldc give the Securities and Exchange Commission the powet to make compensation committeesmore independent, similar to standards in place for audit committees established by the Sarbanes-Oxley Act.
Geithnerf blamed executive compensation practices asa “contributingg factor” for the financial crisis. “Incentives for short-term gainz overwhelmed the checks and balancezs meant to mitigate against the risk ofexceses leverage,” he said. But, he “We are not capping pay. We are not settinfg forth precise prescriptions for how companies shouldxset compensation, which can often be counterproductive. Instead, we will continues to work to develop standards that rewarrd innovation andprudent risk-taking, without creating misaligned incentives.
”
The new rules encourage these companies to awarxd executives stock that must be held for a long period of timeand can’tr be entirely converted to cash until the TARP moneyy is repaid to the This, the department contends, will align “executives’ incentivews with those of shareholders and taxpayers.” Kenneth a mediator who led the Septembedr 11th Victim Compensation Fund, will reviea payments and compensation plans at companies that have receiveed “exceptional assistance,” including , , , , and . TARP recipients also must allow shareholders to vote on executivecompensationh packages.
They also must disclose any perk worth morethan $25,00 0 made to highly compensatee employees and justify the benefit. The rulezs prohibit companies fromproviding “gross-up” paymentxs to senior executives to cover taxes due on Treasury Secretary Tim Geithner said the Obams administration also supports legislation that would require all public companies to give shareholders a non-binding vote on executivr compensation packages. Congress also shouldc give the Securities and Exchange Commission the powet to make compensation committeesmore independent, similar to standards in place for audit committees established by the Sarbanes-Oxley Act.
Geithnerf blamed executive compensation practices asa “contributingg factor” for the financial crisis. “Incentives for short-term gainz overwhelmed the checks and balancezs meant to mitigate against the risk ofexceses leverage,” he said. But, he “We are not capping pay. We are not settinfg forth precise prescriptions for how companies shouldxset compensation, which can often be counterproductive. Instead, we will continues to work to develop standards that rewarrd innovation andprudent risk-taking, without creating misaligned incentives.
”
Thursday, May 3, 2012
Anchor Blue to close all Phoenix-area stores - Business Courier of Cincinnati:
vypybiza.wordpress.com
The Anchor Blue shops at Tempr Marketplace, Desert Ridge Marketplacwe in metro Phoenix, and a location in Bullheafd City are among 46 underperforming stores closingv in12 states. Closing sales are expectesd to start Friday and last until all merchandisdeis sold. “These strategic store closings will help us significantly improv operational performance as we proactively restructure our business to confornmto today’s market,” Thomas CEO of Anchor Blue Retailp Group, said in a prepares statement. Starting as Miller'sz Outpost in 1972, the company changed its name to Anchod Blue in thelate 1990s.
Boston-based Gordon Brothers a global advisory, restructuring and investmeny firm specializing inthe retail, consumet products, real estate and industrial is running the closing salez on Anchor Blue’s behalf. For more:
The Anchor Blue shops at Tempr Marketplace, Desert Ridge Marketplacwe in metro Phoenix, and a location in Bullheafd City are among 46 underperforming stores closingv in12 states. Closing sales are expectesd to start Friday and last until all merchandisdeis sold. “These strategic store closings will help us significantly improv operational performance as we proactively restructure our business to confornmto today’s market,” Thomas CEO of Anchor Blue Retailp Group, said in a prepares statement. Starting as Miller'sz Outpost in 1972, the company changed its name to Anchod Blue in thelate 1990s.
Boston-based Gordon Brothers a global advisory, restructuring and investmeny firm specializing inthe retail, consumet products, real estate and industrial is running the closing salez on Anchor Blue’s behalf. For more:
Tuesday, May 1, 2012
Only seven per cent of 3000 IPC cases settled - Cyprus Mail
humojo.wordpress.com
Only seven per cent of 3000 IPC cases settled Cyprus Mail By Stefanos Evripidou Published on April 21, 2012 THE IMMOVEABLE Property Commission (IPC) in the north has settled only seven per cent of the 3174 cases filed by Greek Cypriot refugees since its inception, according to the latest statistics. |
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