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was among the 20 airports nationwide that offered theexpeditede system. An airport spokeswoman said the airport was not notified in advancre and the Clear Lane was In 2008, it reported having more than 10,000o users pass through the lanes sincr the express service was first offered there in summer 2007. “Clear Lanes Are No Longee Available. At 11:00 p.m. PST on June 22, Clear will cease operations. Clear’s parenr company, has been unable to negotiate an agreement with its seniod creditor tocontinue operations.” Therre was no information about whether enrolleed would get refunds. The service cost $199 a year.
Customerx were mostly business travelers and frequent The program started atin 2005. Clear enrolleee were pre-screened by the , and, if were provided with a card that gave them accesz to a specialsecurity lane. Clear was operated by Verifie Identity Pass of New York As ofJune 4, Clearr claimed to have enrolled more than 260,00o0 fliers.
Sunday, September 30, 2012
Saturday, September 29, 2012
PSI Receives TUV Certification in Accordance with SIL 1 for its Leak Detection ... - Equities.com
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PSI Receives TUV Certification in Accordance with SIL 1 for its Leak Detection ... Equities.com The new system had to meet the necessary requirements in accordance with the Technical Guideline on Pipelines (Technische Regel fur Rohrfernleitungen - TRFL) as well as the requirements for Safety Integrity Level 1 (SIL 1) as per IEC EN 61508. |
Friday, September 28, 2012
Four Ravens predictions sure to go wrong: Week 4 - Baltimore Sun (blog)
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Four Ravens predictions sure to go wrong: Week 4 Baltimore Sun (blog) In this game-day staple, blogger Matt Vensel makes four sometimes-courageous predictions for the game. All he asks is that you don't hold it against him whenever those predictions end up being embarrassingly wrong. Coming off an emotional victory over ... |
Wednesday, September 26, 2012
S. Fla. hotel occupancy dips in 2008 - San Francisco Business Times:
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A study of nationwide hotel trends released this week by Smithn Travel Research showsthat tri-county hotels saw modestg declines in occupancy from 2007 to 2008. However, when it came to averag e daily rates, Miami actuallyy had slight increases. Year over year, full-service Miami-Dadew hotels saw occupancy fall to 70 perceny in 2008from 71.8 percent in 2007. Limited-service hotelsw slipped to 72.6 percent in 2008 from 73.8 percenyt in 2007. Smith Travel Research defines full-service hotels as those in upscale orluxury range. They typically have a bell service andmeeting space. Limited-servics hotels are those that only offefr rooms and fall inthe class.
While other destinations suffered, Miami-Dadwe remained relatively flat thanks to its strong international saidGinny Gutierrez, director of community relationsd for the Greater Miami Convention Visitors Bureau. While both domestic business and leisure travelk suffered in the fourth quarter of last withthe U.S. economic crisis, international business remaine steady, she said. Occupancy numberse might have been better ifMiamui hadn’t seen so many new rooms becamse available in the second half of the year, Gutierresz added. The Fontainebleau and Eden Roc alonre made thousands of newrooms Full-service Broward hotel occupancy fell to 65.9 percent in 2008 from 66.
6 percenr in 2007 Limited-service hotels fell to 65.5 percen in 2008 from 67.9 percent in 2007. In Palm Beacgh County, full-service hotel occupancyu fell to 63.6 percent in 2008 from 66.7 percenyt in 2007. Limited-service hotels went to 58.7 percent from 61.6 percent – a drop of 4.8 percent, the largesr slide in the region on a percentage Jorge Pesquera, president and CEO of the Palm Beacn County Convention & Visitors Bureau, said the area saw the largestr drops due to a calculated pullback from corporate Though Palm Beach County has a diverse mix of it has to fight the perception that it is only for the he said.
“The combinatiom of the economy and the AIG effecf has been nasty to us for some he said, referring to populistf outrage at executives of the failed financial company. “The corporate world has becomevery tentative, very shy about going to upscale resorts for fear of an images backlash.” Nationwide, full-service hotels reported an average occupancy rate of 67.4 percenft in 2008. That declined 2.6 percent from 2007. The averagde daily rate charged for a roomat Miami’x full-service hotels rose to $182.78 in 2008 from $181.3p0 in 2007, a 0.8 percent Limited-service was up to $109.13 from The most expensive average daily rate in 2008 was $187.
19 at Palm Beach full-service hotels. But, that slippesd 1.3 percent from 2007. Limited service was down a half Broward’s limited-service hotels saw the biggest percentage decline in ratesto $92.64 in 2008 from $96.24 in 2007, down 3.7 Full-service Broward hotels dropped 1.4 “We are kind of trapped in a downspiraling of said Nicki Grossman, president and CEO of the Greated Fort Lauderdale Convention & Visitors “Part of that is that rates have gone up over the past few yearsx so high, so fast.” While it’s hard to predict, Broward’s limited-servicde sector may bounce back faster than the she said.
The reason: over the last few Broward has seen the most robust growth in demanedfor limited-service rooms for passengers goint on cruises and discount group-ratwe business. Nationwide, the average daily rate was $164.311 in 2008, down from $166.69 in 2007. Gutierrex said she was cautiouslyt optimistic that the worst is over for While occupancy declined in May compared to the same time last the rate of decline was no worsew thanin April. For months, the declines had been gettingg worse, she said. “It’s an indication that we’ve probably hit she said.
“What we are seeing is some stability
A study of nationwide hotel trends released this week by Smithn Travel Research showsthat tri-county hotels saw modestg declines in occupancy from 2007 to 2008. However, when it came to averag e daily rates, Miami actuallyy had slight increases. Year over year, full-service Miami-Dadew hotels saw occupancy fall to 70 perceny in 2008from 71.8 percent in 2007. Limited-service hotelsw slipped to 72.6 percent in 2008 from 73.8 percenyt in 2007. Smith Travel Research defines full-service hotels as those in upscale orluxury range. They typically have a bell service andmeeting space. Limited-servics hotels are those that only offefr rooms and fall inthe class.
While other destinations suffered, Miami-Dadwe remained relatively flat thanks to its strong international saidGinny Gutierrez, director of community relationsd for the Greater Miami Convention Visitors Bureau. While both domestic business and leisure travelk suffered in the fourth quarter of last withthe U.S. economic crisis, international business remaine steady, she said. Occupancy numberse might have been better ifMiamui hadn’t seen so many new rooms becamse available in the second half of the year, Gutierresz added. The Fontainebleau and Eden Roc alonre made thousands of newrooms Full-service Broward hotel occupancy fell to 65.9 percent in 2008 from 66.
6 percenr in 2007 Limited-service hotels fell to 65.5 percen in 2008 from 67.9 percent in 2007. In Palm Beacgh County, full-service hotel occupancyu fell to 63.6 percent in 2008 from 66.7 percenyt in 2007. Limited-service hotels went to 58.7 percent from 61.6 percent – a drop of 4.8 percent, the largesr slide in the region on a percentage Jorge Pesquera, president and CEO of the Palm Beacn County Convention & Visitors Bureau, said the area saw the largestr drops due to a calculated pullback from corporate Though Palm Beach County has a diverse mix of it has to fight the perception that it is only for the he said.
“The combinatiom of the economy and the AIG effecf has been nasty to us for some he said, referring to populistf outrage at executives of the failed financial company. “The corporate world has becomevery tentative, very shy about going to upscale resorts for fear of an images backlash.” Nationwide, full-service hotels reported an average occupancy rate of 67.4 percenft in 2008. That declined 2.6 percent from 2007. The averagde daily rate charged for a roomat Miami’x full-service hotels rose to $182.78 in 2008 from $181.3p0 in 2007, a 0.8 percent Limited-service was up to $109.13 from The most expensive average daily rate in 2008 was $187.
19 at Palm Beach full-service hotels. But, that slippesd 1.3 percent from 2007. Limited service was down a half Broward’s limited-service hotels saw the biggest percentage decline in ratesto $92.64 in 2008 from $96.24 in 2007, down 3.7 Full-service Broward hotels dropped 1.4 “We are kind of trapped in a downspiraling of said Nicki Grossman, president and CEO of the Greated Fort Lauderdale Convention & Visitors “Part of that is that rates have gone up over the past few yearsx so high, so fast.” While it’s hard to predict, Broward’s limited-servicde sector may bounce back faster than the she said.
The reason: over the last few Broward has seen the most robust growth in demanedfor limited-service rooms for passengers goint on cruises and discount group-ratwe business. Nationwide, the average daily rate was $164.311 in 2008, down from $166.69 in 2007. Gutierrex said she was cautiouslyt optimistic that the worst is over for While occupancy declined in May compared to the same time last the rate of decline was no worsew thanin April. For months, the declines had been gettingg worse, she said. “It’s an indication that we’ve probably hit she said.
“What we are seeing is some stability
Tuesday, September 25, 2012
Terremark Q4 revenue, earnings up - San Antonio Business Journal:
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million from $56.8 million in the prior-year The Miami-based IT infrastructure servicesprovider TMRK) said net income for the quarter ended Marcuh 31 was $3.5 million, or 6 centas a share, up from a loss of $2.6 or 5 cents a share, the year before. Thoughh revenue fell short of the $74.2 million analysts expected, the company beat the consensus for net analysts were expecting a pennya share. Revenuse for the full year was $250.5 up from $187.4 million in the previous year.
“As our compan y heads into fiscal 2010, we believe our robust pipelinde and the consistently strong customer demand for our productz and services will continue to drivestrong results,” Chairman and CEO Manuel D. Medinaz said in a news release. Terremarj said it had record bookings duringv thefourth quarter, logging $31.8 milliojn of new annual contract value. The compang is in the black after years ofsteady losses.
Terremark has managed to consistently grow revenue and has been aggressivelyg pursuing federalgovernment contracts, a strong suit for the With a growing facility in suburban Washington, that caters to governmenr business, the company expects to benefit from federap stimulus dollars. During the fourth quarter, the federalo government accounted for 30 percentof Terremark’w total revenue, Medina said during a conferencd call Tuesday evening. That’s a 76 percentr year-over-year increase in government revenue.
“I have neverd been more optimistic aboug the visibility and size of ourgovernment pipeline,” Medina “Terremark Worldwide is enjoying strong visibility into fiscall year 2010, coming into the year with the highest backlog in the company’se history,” analysts wrote in a May 4 report. “The abilitty to service new government contracts and partnerships with most of the large federal contractors should also provid e strategic alternatives for managemenyt as they look to continue their capacithygrowth [at the suburban Washington, D.C., location].” Just prior to its earningx announcement, Terremark said Palo Calif.
-based would acquire about 5 percent of its Under the agreement, the virtualizatiojn and cloud-computing specialist will purchase 4 milliom shares of newly issuede Terremark common stock at $5 a for a total investmenyt of $20 million. For the firsg quarter of fiscalyear 2010, Terremarj said it expects revenue from $63 million to $66 For the full fiscal year, the companyg projects revenue between $290 million and $300 Shares closed up 33 cents to The 52-week high was $7.67 on Sept. 8. The 52-weeik low was $1.85 on March 9.
million from $56.8 million in the prior-year The Miami-based IT infrastructure servicesprovider TMRK) said net income for the quarter ended Marcuh 31 was $3.5 million, or 6 centas a share, up from a loss of $2.6 or 5 cents a share, the year before. Thoughh revenue fell short of the $74.2 million analysts expected, the company beat the consensus for net analysts were expecting a pennya share. Revenuse for the full year was $250.5 up from $187.4 million in the previous year.
“As our compan y heads into fiscal 2010, we believe our robust pipelinde and the consistently strong customer demand for our productz and services will continue to drivestrong results,” Chairman and CEO Manuel D. Medinaz said in a news release. Terremarj said it had record bookings duringv thefourth quarter, logging $31.8 milliojn of new annual contract value. The compang is in the black after years ofsteady losses.
Terremark has managed to consistently grow revenue and has been aggressivelyg pursuing federalgovernment contracts, a strong suit for the With a growing facility in suburban Washington, that caters to governmenr business, the company expects to benefit from federap stimulus dollars. During the fourth quarter, the federalo government accounted for 30 percentof Terremark’w total revenue, Medina said during a conferencd call Tuesday evening. That’s a 76 percentr year-over-year increase in government revenue.
“I have neverd been more optimistic aboug the visibility and size of ourgovernment pipeline,” Medina “Terremark Worldwide is enjoying strong visibility into fiscall year 2010, coming into the year with the highest backlog in the company’se history,” analysts wrote in a May 4 report. “The abilitty to service new government contracts and partnerships with most of the large federal contractors should also provid e strategic alternatives for managemenyt as they look to continue their capacithygrowth [at the suburban Washington, D.C., location].” Just prior to its earningx announcement, Terremark said Palo Calif.
-based would acquire about 5 percent of its Under the agreement, the virtualizatiojn and cloud-computing specialist will purchase 4 milliom shares of newly issuede Terremark common stock at $5 a for a total investmenyt of $20 million. For the firsg quarter of fiscalyear 2010, Terremarj said it expects revenue from $63 million to $66 For the full fiscal year, the companyg projects revenue between $290 million and $300 Shares closed up 33 cents to The 52-week high was $7.67 on Sept. 8. The 52-weeik low was $1.85 on March 9.
Sunday, September 23, 2012
Simon Cowell Chooses His Favorite With Chill-Inducing X Factor Audition! - PerezHilton.com
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E! Online | Simon Cowell Chooses His Favorite With Chill-Inducing X Factor Audition! PerezHilton.com X Factor's Austin auditions proved to be full of not only soul shaking Pandas, but also some raw and intimate vocals! Jessica Espinoza, who somewhat reminded us of Idol season eight's Alison Iraheta, quickly became one of the judges favorites last ... 'The X Factor' Recap: Stolen Mics, Cool as Ice and a Slice of 'Panda Pie' |
Saturday, September 22, 2012
Siemens Medical Solutions - Triangle Business Journal:
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SMS anticipated it would add another 300 jobsin Cary, wherre it already employed 678. The average pay for the new jobs is projectedx tobe $73,000 a year. The companh would qualify for morethan $5.6 milliojn in economic incentives through the state’s Job Development Investmenrt Grant program if it creates the jobs promisecd under the agreement and sustains them for 10 The town of Cary also approved a $500,00 0 grant to Siemens to secure the Siemens had considered moving its existing Cary jobs and any new jobs createdf for its training and service center to the company’a headquarters campus in Malvern, Pa.
Locap economic development partners who assisted in the Cary deal included Sand y Jordan withthe , James Saulds of Wake County Economic the town of Cary, the , the , the , the and .
SMS anticipated it would add another 300 jobsin Cary, wherre it already employed 678. The average pay for the new jobs is projectedx tobe $73,000 a year. The companh would qualify for morethan $5.6 milliojn in economic incentives through the state’s Job Development Investmenrt Grant program if it creates the jobs promisecd under the agreement and sustains them for 10 The town of Cary also approved a $500,00 0 grant to Siemens to secure the Siemens had considered moving its existing Cary jobs and any new jobs createdf for its training and service center to the company’a headquarters campus in Malvern, Pa.
Locap economic development partners who assisted in the Cary deal included Sand y Jordan withthe , James Saulds of Wake County Economic the town of Cary, the , the , the , the and .
Friday, September 21, 2012
Groups fight AEP
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The Office of the Ohio Counsel said Fridaythe agency, the and Ohio Manufacturers’ Association will ask the Ohio Supreme Courtg to block the retroactive portion of AEP’s rate In March, the Publicd Utilities Commission of Ohio grantee AEP subsidiaries , which serves Centralo Ohio, and rate increases averaginf about 7 percent this year and also in 2010 and 2011. The increasese are retroactiveto Jan. 1. The retroactivse charge will cost Columbuss Southern Power customersabout $30 said a release from the consumers’ counsepl office. Ohio Power customers would pay $33 million.
On Marcyh 30, the denied a consumers’ counsel request to prohibiy theretroactive rates, leading to the efforf to get the Supreme Court to block them. Ohio Consumers’ Counsel Janine Migden-Ostrande has contended that Ohio law prohibitsretroactivde rate-making by the commission. “The PUCO made an unlawfull decision when it imposed a full year of rate increases to be paid by AEP customeres innine months,” said Migden-Ostrandef in the release. “The retroactived increase is like charging a student an increase in tuition payments three months after the studentrhas graduated. No one shoulds stand for that.
”
The Office of the Ohio Counsel said Fridaythe agency, the and Ohio Manufacturers’ Association will ask the Ohio Supreme Courtg to block the retroactive portion of AEP’s rate In March, the Publicd Utilities Commission of Ohio grantee AEP subsidiaries , which serves Centralo Ohio, and rate increases averaginf about 7 percent this year and also in 2010 and 2011. The increasese are retroactiveto Jan. 1. The retroactivse charge will cost Columbuss Southern Power customersabout $30 said a release from the consumers’ counsepl office. Ohio Power customers would pay $33 million.
On Marcyh 30, the denied a consumers’ counsel request to prohibiy theretroactive rates, leading to the efforf to get the Supreme Court to block them. Ohio Consumers’ Counsel Janine Migden-Ostrande has contended that Ohio law prohibitsretroactivde rate-making by the commission. “The PUCO made an unlawfull decision when it imposed a full year of rate increases to be paid by AEP customeres innine months,” said Migden-Ostrandef in the release. “The retroactived increase is like charging a student an increase in tuition payments three months after the studentrhas graduated. No one shoulds stand for that.
”
Wednesday, September 19, 2012
National Guard Members React to Romney's Speech - KOLO
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National Guard Members React to Romney's Speech KOLO ... to time their remarks. Maybe this wasn't the time for him to get into specifics. He kind of alluded to that when he began talking. That this wasn't the right place to lay out a big strategy in detail," said Brig. Gen. Stanley Osserman of the Hawaii ... |
Tuesday, September 18, 2012
Fontainebleau Las Vegas company files Chapter 11 - Pittsburgh Business Times:
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Fontainebleau Las Vegas LLC and two of itsaffiliatea – Fontainebleau Las Vegas Holdings LLC and Fontainebleauu Las Vegas Capital Corp. – filed bankruptc petitions in Miamilate Tuesday. The Miamo Beach hotel is not included in the The company said in a news release that the decisiob to file Chapter 11 was the direct result of litigatiomn with lenders on the Las Vegas hotepl construction project that had to do with contractual disputes relate tonearly $800 million in construction funding for the $2.9 billion resort-casini project, which is 70 percent Lenders include , and Deutsche Bank Trust Co.
The legal dispute has effectively shut down the projectand “put thousandd of people out of work,” said Howard chief restructuring officer of Fontainebleau Las Vegas, in the release. “Oud goal now is to secure funding to completethis world-clases project and restructure our existinb debt.” Fontainebleau Las Vegas reached a provisionapl agreement with a group of its non-defaulting lenders for the use of cash for the administrationn of its bankruptcy case, and is in negotiationsw to obtain financing to restart construction on that Fontainebleau Miami Beach, which is a separate legalp entity, continues to operate as normal.
Turnberry West the project’s general contractor, is also not includedr in the filing, accordinf to the news release. In 2008, Nakheel Hotels of Dubai bought a 50 percent interest in the Fontainebleau Miam i Beachfor $375 million. The Las Vegaz hotel companies that filed bankruptcuy are based in South Florida becausre the Soffer family of which also owns the Turnberryg development and construction owns all theFontainebleau companies. Jeffrey Soffe r is a principal of umbrella company FontainebleauhResorts LLC, according to state records.
Fontainebleau Las Vegas also withdrew without prejudiceits $3 billionj lawsuit in Las Vegas against some of its lenders, and refiled the case in Miamiu bankruptcy court, where the Chapter 11 petitionxs were filed. The lawsuit with lenderas was amended on May 12 to includew allegations that Deutsche BankTrusty Co. Americas was “seeking to destrohy the Fontainebleau in order to minimize with the nearbyand Casino, which is wholluy owned by a Deutschde Bank subsidiary. "This claim is an attemptf by the Fontainebleau's developers to distract from the fact that they have breachec theirloan covenants.
We will defend ourselves vigorouslgy against thismeritless allegation," Deutsche Bank spokesman John Gallagher said in an e-maileed response. Fontainebleau Las Vegas LLC lists morethan $1 billion in debt and a similaf amount in assets on its with more than 1,000 creditors. The only South Floridsa creditor listed was International Beddingh inFort Lauderdale, with a clai of $498,737.
Fontainebleau Las Vegas LLC and two of itsaffiliatea – Fontainebleau Las Vegas Holdings LLC and Fontainebleauu Las Vegas Capital Corp. – filed bankruptc petitions in Miamilate Tuesday. The Miamo Beach hotel is not included in the The company said in a news release that the decisiob to file Chapter 11 was the direct result of litigatiomn with lenders on the Las Vegas hotepl construction project that had to do with contractual disputes relate tonearly $800 million in construction funding for the $2.9 billion resort-casini project, which is 70 percent Lenders include , and Deutsche Bank Trust Co.
The legal dispute has effectively shut down the projectand “put thousandd of people out of work,” said Howard chief restructuring officer of Fontainebleau Las Vegas, in the release. “Oud goal now is to secure funding to completethis world-clases project and restructure our existinb debt.” Fontainebleau Las Vegas reached a provisionapl agreement with a group of its non-defaulting lenders for the use of cash for the administrationn of its bankruptcy case, and is in negotiationsw to obtain financing to restart construction on that Fontainebleau Miami Beach, which is a separate legalp entity, continues to operate as normal.
Turnberry West the project’s general contractor, is also not includedr in the filing, accordinf to the news release. In 2008, Nakheel Hotels of Dubai bought a 50 percent interest in the Fontainebleau Miam i Beachfor $375 million. The Las Vegaz hotel companies that filed bankruptcuy are based in South Florida becausre the Soffer family of which also owns the Turnberryg development and construction owns all theFontainebleau companies. Jeffrey Soffe r is a principal of umbrella company FontainebleauhResorts LLC, according to state records.
Fontainebleau Las Vegas also withdrew without prejudiceits $3 billionj lawsuit in Las Vegas against some of its lenders, and refiled the case in Miamiu bankruptcy court, where the Chapter 11 petitionxs were filed. The lawsuit with lenderas was amended on May 12 to includew allegations that Deutsche BankTrusty Co. Americas was “seeking to destrohy the Fontainebleau in order to minimize with the nearbyand Casino, which is wholluy owned by a Deutschde Bank subsidiary. "This claim is an attemptf by the Fontainebleau's developers to distract from the fact that they have breachec theirloan covenants.
We will defend ourselves vigorouslgy against thismeritless allegation," Deutsche Bank spokesman John Gallagher said in an e-maileed response. Fontainebleau Las Vegas LLC lists morethan $1 billion in debt and a similaf amount in assets on its with more than 1,000 creditors. The only South Floridsa creditor listed was International Beddingh inFort Lauderdale, with a clai of $498,737.
Sunday, September 16, 2012
Daimler scores with deal to bring former OSU hoops star on board - Orlando Business Journal:
hihozeima.blogspot.com
Jackson joined Daimler as an in-house development partnere April 20, and also will continue to investf in Daimler real estate projects throughhhis , which is based in his hometowm of Toledo. Daimler and Q3 Development last year attemptedx to developthe Aloft, a boutiquew hotel at North High and West Gay streeta in Columbus, as well as anotherd potential hotel at North High and Vine streets, but the project s fell though as the economt soured. Jackson said that introductionb to Columbus and Daimler led tothe “As the relationship grew, I thinko we felt a camaraderie,” Jackson said. “Things kind of came Daimler Chairman BobWhite Sr.
said the relationship should help Daimler diversify its geographic reach as well as the type of projectse it developsand builds. The Columbus company primaril has focused on developing suburban office properties in recent yearsz as well asbuilding health-care projects in its home “I think this expands our opportunities to look at other markets and other product White said. Jackson first delved into commercial real estate with an investment in seven restaurant in Dallasin 1995, toward the end of his careert with the ’s Dallas Mavericks.
“That’z where the development opportunity kind ofkicked off,” he About two years ago, Jackson begabn working with hotel developer and manager Aimbridge Hospitality of suburbanb Dallas and to develop the Aloft line of hotels. He also continues to work on redevelopment of a former Toledo Edison steam plant site along the Maumee River in As part of theDaimlert affiliation, Jackson will spend some of his work days in Columbus.
Whitwe said Jackson also will travel on behalfg of Daimler on business development Duringhis career, the two-time All-Americabn at played for 12 NBA White hinted not all of Jackson’x real estate projects have come off without a something he said Daimler’s expertise could help with. “He’sa spent time on things that didn’t happen,” White “What he’s never had is the backup.” Jackson planse to complete some deals throughQ3 Development, with and without Daimler. But he also is interested in projects in Daimler’s forte of suburban office development.
“I depends upon the market and the opportunity,” he “You keep your options open.”
Jackson joined Daimler as an in-house development partnere April 20, and also will continue to investf in Daimler real estate projects throughhhis , which is based in his hometowm of Toledo. Daimler and Q3 Development last year attemptedx to developthe Aloft, a boutiquew hotel at North High and West Gay streeta in Columbus, as well as anotherd potential hotel at North High and Vine streets, but the project s fell though as the economt soured. Jackson said that introductionb to Columbus and Daimler led tothe “As the relationship grew, I thinko we felt a camaraderie,” Jackson said. “Things kind of came Daimler Chairman BobWhite Sr.
said the relationship should help Daimler diversify its geographic reach as well as the type of projectse it developsand builds. The Columbus company primaril has focused on developing suburban office properties in recent yearsz as well asbuilding health-care projects in its home “I think this expands our opportunities to look at other markets and other product White said. Jackson first delved into commercial real estate with an investment in seven restaurant in Dallasin 1995, toward the end of his careert with the ’s Dallas Mavericks.
“That’z where the development opportunity kind ofkicked off,” he About two years ago, Jackson begabn working with hotel developer and manager Aimbridge Hospitality of suburbanb Dallas and to develop the Aloft line of hotels. He also continues to work on redevelopment of a former Toledo Edison steam plant site along the Maumee River in As part of theDaimlert affiliation, Jackson will spend some of his work days in Columbus.
Whitwe said Jackson also will travel on behalfg of Daimler on business development Duringhis career, the two-time All-Americabn at played for 12 NBA White hinted not all of Jackson’x real estate projects have come off without a something he said Daimler’s expertise could help with. “He’sa spent time on things that didn’t happen,” White “What he’s never had is the backup.” Jackson planse to complete some deals throughQ3 Development, with and without Daimler. But he also is interested in projects in Daimler’s forte of suburban office development.
“I depends upon the market and the opportunity,” he “You keep your options open.”
Saturday, September 15, 2012
Colorado stimulus board boosts minority-outreach effort - San Antonio Business Journal:
bengeyqafiba1640.blogspot.com
Maranda Pleau, the small business coordinatorfor Greeley-baser general contractor , will join the Colorado Economic Recovery and Accountability Board June 29, chairman Don Elliman said during a board meeting Thursday. Her job is to ensurew minority businesses are aware of contracts related to thestimulus package, Elliman said. Officials with the Colorado Department of Transportatiomn told the board they will recommend the agenc y review how it handles complaints about road and bridge contractd and the use ofthese small, minority- and woman-owned businesses. CDOT's move came afted Hamon Contractors Inc.
in Denver raiseed concerns about a bridge repair project paid for with money from the American Recovery andReinvestment Act. Hamonb lost a bid April 16 to rebuilx two bridges over Interstate 76 in Adams The lowest bid for the contract camefrom Centennial-baser , which bid $8 millio for the project, nearly 15 perceng under CDOT’s estimate of $9.4 million. State contracts are typically awarded to thelowest bidder.
But Hamonm objected to CDOT awarding the projecrtto Sema, saying Sema didn’ make a "good-faith effort" to hire enough minorithy subcontractors, according to a June 3 letter from Mark director of the Governor’s Economif Recovery Team, to the accountability CDOT reviewed the complaint, and Sema’s effortw to get minority businesses involved in the bridgw contract. The review concluded Sema met the agency’se threshold for trying and CDOT formally awardef the project to the CDOT executive director RussGeorge said. But CDOT want to review how it handles future complaints abouft using disadvantaged businesses onstate contracts.
Celinza Benavidez, director of administration for CDOT, told the accountability boardr she will recommendthe agency’a commissioners form a review committee involving members of the agency, interesy groups, industry, the attorneyt general’s office, and federal transportation officials. How to gathert input from minority businesseds about their experience with a prime Atthe meeting, Hamohn attorney Seth Firmender thanked CDOT for beinvg willing to review the process.
Helga executive director of the Hispanic Contractorsof Colorado, also praised CDOT’s move, saying, "We believe we’ve been
Maranda Pleau, the small business coordinatorfor Greeley-baser general contractor , will join the Colorado Economic Recovery and Accountability Board June 29, chairman Don Elliman said during a board meeting Thursday. Her job is to ensurew minority businesses are aware of contracts related to thestimulus package, Elliman said. Officials with the Colorado Department of Transportatiomn told the board they will recommend the agenc y review how it handles complaints about road and bridge contractd and the use ofthese small, minority- and woman-owned businesses. CDOT's move came afted Hamon Contractors Inc.
in Denver raiseed concerns about a bridge repair project paid for with money from the American Recovery andReinvestment Act. Hamonb lost a bid April 16 to rebuilx two bridges over Interstate 76 in Adams The lowest bid for the contract camefrom Centennial-baser , which bid $8 millio for the project, nearly 15 perceng under CDOT’s estimate of $9.4 million. State contracts are typically awarded to thelowest bidder.
But Hamonm objected to CDOT awarding the projecrtto Sema, saying Sema didn’ make a "good-faith effort" to hire enough minorithy subcontractors, according to a June 3 letter from Mark director of the Governor’s Economif Recovery Team, to the accountability CDOT reviewed the complaint, and Sema’s effortw to get minority businesses involved in the bridgw contract. The review concluded Sema met the agency’se threshold for trying and CDOT formally awardef the project to the CDOT executive director RussGeorge said. But CDOT want to review how it handles future complaints abouft using disadvantaged businesses onstate contracts.
Celinza Benavidez, director of administration for CDOT, told the accountability boardr she will recommendthe agency’a commissioners form a review committee involving members of the agency, interesy groups, industry, the attorneyt general’s office, and federal transportation officials. How to gathert input from minority businesseds about their experience with a prime Atthe meeting, Hamohn attorney Seth Firmender thanked CDOT for beinvg willing to review the process.
Helga executive director of the Hispanic Contractorsof Colorado, also praised CDOT’s move, saying, "We believe we’ve been
Friday, September 14, 2012
Fed to spend $40 billion a month on bonds - San Francisco Chronicle
houston-nearly.blogspot.com
San Francisco Chronicle | Fed to spend $40 billion a month on bonds San Francisco Chronicle The Federal Reserve unleashed a series of bold and open-ended steps Thursday to stimulate the economy by making it cheaper for consumers and businesses to borrow and spend. The Fed said it will spend $40 billion a month to buy mortgage bonds for as ... Federal Reserve to spend $40 billion a month to buy mortgage-backed securities |
Wednesday, September 12, 2012
San Antonio Public Library trustee recognized nationally for efforts - San Antonio Business Journal:
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Brady is being honored nationwide for her role in earninf greater recognition of the San Antonio Public Library ona decision-making levek within the city. This has resulted in a consolidated initiativr to create a sustainable funding base for the library The city proposed designating a portio of the sales tax forlibrary funding. “Sincr her election to the Chaidr of the Board of Trustees of the San AntonioPublifc Library, Jean has dedicated her time and energty to raising the library’s profiled with community decision-makers,” San Antoniko Public Library Director Ramiro Salazar says.
“Morr than just an advocate, she has demonstrated leadership throughouty her termof office, developing and implementing strategies to effectivelyh present the library’s case to both governmenft and the community at large.” As board Brady formed a Librargy Advocacy Committee that lobbied City Counciol and directed outreach efforts. She also created a bureau to make presentations about the library to civic organizatione andcommunity groups.
She also pivotalk in finding platforms that communicated thelibraryt system’s role in quality of life “Jean’s community leadership skills made the San Antoniop Public Library not only relevant, but also critical to the livees of San Antonians,” says Eva Poole, director of libraries for the Dentohn Public Library and chair of the 2009 Urban Player Awar d Selection Committee. Brady will also receivs a checkfor $1,000. The Urbajn Libraries Council, based in Chicago, is a membership organization of publivlibrary systems. San Antonio Public Library is managedx by the City ofSan www.urbanlibraries.
org
Brady is being honored nationwide for her role in earninf greater recognition of the San Antonio Public Library ona decision-making levek within the city. This has resulted in a consolidated initiativr to create a sustainable funding base for the library The city proposed designating a portio of the sales tax forlibrary funding. “Sincr her election to the Chaidr of the Board of Trustees of the San AntonioPublifc Library, Jean has dedicated her time and energty to raising the library’s profiled with community decision-makers,” San Antoniko Public Library Director Ramiro Salazar says.
“Morr than just an advocate, she has demonstrated leadership throughouty her termof office, developing and implementing strategies to effectivelyh present the library’s case to both governmenft and the community at large.” As board Brady formed a Librargy Advocacy Committee that lobbied City Counciol and directed outreach efforts. She also created a bureau to make presentations about the library to civic organizatione andcommunity groups.
She also pivotalk in finding platforms that communicated thelibraryt system’s role in quality of life “Jean’s community leadership skills made the San Antoniop Public Library not only relevant, but also critical to the livees of San Antonians,” says Eva Poole, director of libraries for the Dentohn Public Library and chair of the 2009 Urban Player Awar d Selection Committee. Brady will also receivs a checkfor $1,000. The Urbajn Libraries Council, based in Chicago, is a membership organization of publivlibrary systems. San Antonio Public Library is managedx by the City ofSan www.urbanlibraries.
org
Tuesday, September 11, 2012
Monday, September 10, 2012
Off and rolling - The Albany Herald
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Off and rolling The Albany Herald Off and rolling. Want daily summaries and Breaking News alerts? By Dave Skretta (11). As of Sunday, September 9, 2012 © Copyright 2012 Albany Herald. Favorite story Your favorites; Discuss Comment, Blog about; Share this Email, Facebook, Twitter; Print ... |
Saturday, September 8, 2012
Staples' Q1 net falls despite sales spike - Boston Business Journal:
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Framingham, Mass.-based Staples (Nasdaq: SPLS) said sales, includinh the results of the recently acquirecdCorporate Express, jumped 19 percent year-over-year to $5.8 billion during the first quarter. a 15 percent jump in SG&A and a $53 million year-over-yeafr spike in interest costs, which totaled just over $60 weighed on the company’s bottom line. Staples’ net income totaledr $143 million during the three-montj span, compared with $212 million in 2008’s correspondinv period.
“Staples associates drove solid earnings performance in a very tougjsales environment, while also making excellent progresx on the Corporate Express integration,” said Ron Staples’ chairman and chief executives officer, in a statement. “These resultes reflect our commitment to take greatt careof customers, tightlhy manage expenses and invest for future growth.”
Framingham, Mass.-based Staples (Nasdaq: SPLS) said sales, includinh the results of the recently acquirecdCorporate Express, jumped 19 percent year-over-year to $5.8 billion during the first quarter. a 15 percent jump in SG&A and a $53 million year-over-yeafr spike in interest costs, which totaled just over $60 weighed on the company’s bottom line. Staples’ net income totaledr $143 million during the three-montj span, compared with $212 million in 2008’s correspondinv period.
“Staples associates drove solid earnings performance in a very tougjsales environment, while also making excellent progresx on the Corporate Express integration,” said Ron Staples’ chairman and chief executives officer, in a statement. “These resultes reflect our commitment to take greatt careof customers, tightlhy manage expenses and invest for future growth.”
Friday, September 7, 2012
Asset Plus Corporation Company Profile | Company Information
tatyanagepoji.blogspot.com
million square feet of office, and industrial space. A significant numberr of these projects requiredrenovations and/or extensive lease-up, after which the properties were typically refinancedf and sold. This "value-added" approach has resulted in substantiall gains for ourinvestors and/or clients. Asset Plus and related companiesare co-owned and directe by Michael S. McGrath, a 25 year veteran of the properttymanagement industry, and Stephen S. with 20 years of experience in the management and development of variouds typesof properties. The companies presently managre a portfolio of close to 90 propertiez located throughout theUnited States.
To accommodate this the companies have assembled a staff of 35 corporates employees and a total of over350 employees, with officews in Houston, and Bryan/College Texas...
million square feet of office, and industrial space. A significant numberr of these projects requiredrenovations and/or extensive lease-up, after which the properties were typically refinancedf and sold. This "value-added" approach has resulted in substantiall gains for ourinvestors and/or clients. Asset Plus and related companiesare co-owned and directe by Michael S. McGrath, a 25 year veteran of the properttymanagement industry, and Stephen S. with 20 years of experience in the management and development of variouds typesof properties. The companies presently managre a portfolio of close to 90 propertiez located throughout theUnited States.
To accommodate this the companies have assembled a staff of 35 corporates employees and a total of over350 employees, with officews in Houston, and Bryan/College Texas...
Wednesday, September 5, 2012
Freddie Mac allows financing of 125% of home value - Washington Business Journal:
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Fannie Mae also announced a similarf change. The moves come as the Obama administration raised themaximum loan-to-value (LTV) ratio from 105 As a result of this change, qualified borrowers will be able to obtaijn McLean-based Freddie Mac’s (NYSE:FRE) Relief Refinancr Mortgages with loan amounts up to 125 percenrt of the current value of theird property. The higher LTV ratio is expectec to givehomeowners – especially those in marketds that have experienced sharpo declines in home values -- more options to refinance into mortgages with terms that better positioh them for long-term homeownership, the company said.
“This is a change that will put affordables refinancing opportunities within reach of performing borrowers who have sufferec the effects of local homepricew erosion,” said Don Bisenius, executive vice president in a “Today’s announcement also underscores Freddie Mac’s commitmenf to make the Obama administration’s Makingy Home Affordable program a gateway to successful long-term homeownershiop for as many borrowers as To encourage borrowers with 30-year fixed rate mortgages to consider a shorter 25-year term, Freddie Mac is providin a special price incentive to The incentive only applies to Reliegf Refinance Mortgages with LTV ratios between 105 percentf and 125 percent.
The 25-year term will resulg in borrowers paying less interest over the life of theirt loan and over time improving their overal lequity position. Freddie Mac’s Relief Refinance Mortgage is availabl e to borrowers who are current on mortgages that are ownes or guaranteed byFreddie Mac. Freddie Mac’s Relief Refinanc Mortgage allows borrowers to financeclosing costs, financinh costs and escrows up to $5,000 or 4 percentg of the current unpaid principal balance of the mortgagew being refinanced, whichever is less. Mortgagwe insurance is not required if the existing mortgage does notrequirr it.
Otherwise, mortgage insurance coverage on the new loan must be the same as on theoriginalo mortgage. Borrowers who apply for Relief Refinancr Mortgages through their current servicer will not need tobe re-underwritten in most When borrowers apply for Reliefv Refinance Mortgages through lenders other than their current the lender must re-underwrite the borrower through Loan Freddie Mac’s automated underwriting the company said. The expande LTV ratios are available now when borrowers apply for Reliefr Refinance Mortgages through their current servicere and will becomeavailable Oct. 1 when borrowers applhy through any lender affiliatexd withFreddie Mac.
Freddise Mac also said the resulting impacty on prepayments for certain Freddide Mac mortgage participation may vary, depending on borrower respons and other factors.
Fannie Mae also announced a similarf change. The moves come as the Obama administration raised themaximum loan-to-value (LTV) ratio from 105 As a result of this change, qualified borrowers will be able to obtaijn McLean-based Freddie Mac’s (NYSE:FRE) Relief Refinancr Mortgages with loan amounts up to 125 percenrt of the current value of theird property. The higher LTV ratio is expectec to givehomeowners – especially those in marketds that have experienced sharpo declines in home values -- more options to refinance into mortgages with terms that better positioh them for long-term homeownership, the company said.
“This is a change that will put affordables refinancing opportunities within reach of performing borrowers who have sufferec the effects of local homepricew erosion,” said Don Bisenius, executive vice president in a “Today’s announcement also underscores Freddie Mac’s commitmenf to make the Obama administration’s Makingy Home Affordable program a gateway to successful long-term homeownershiop for as many borrowers as To encourage borrowers with 30-year fixed rate mortgages to consider a shorter 25-year term, Freddie Mac is providin a special price incentive to The incentive only applies to Reliegf Refinance Mortgages with LTV ratios between 105 percentf and 125 percent.
The 25-year term will resulg in borrowers paying less interest over the life of theirt loan and over time improving their overal lequity position. Freddie Mac’s Relief Refinance Mortgage is availabl e to borrowers who are current on mortgages that are ownes or guaranteed byFreddie Mac. Freddie Mac’s Relief Refinanc Mortgage allows borrowers to financeclosing costs, financinh costs and escrows up to $5,000 or 4 percentg of the current unpaid principal balance of the mortgagew being refinanced, whichever is less. Mortgagwe insurance is not required if the existing mortgage does notrequirr it.
Otherwise, mortgage insurance coverage on the new loan must be the same as on theoriginalo mortgage. Borrowers who apply for Relief Refinancr Mortgages through their current servicer will not need tobe re-underwritten in most When borrowers apply for Reliefv Refinance Mortgages through lenders other than their current the lender must re-underwrite the borrower through Loan Freddie Mac’s automated underwriting the company said. The expande LTV ratios are available now when borrowers apply for Reliefr Refinance Mortgages through their current servicere and will becomeavailable Oct. 1 when borrowers applhy through any lender affiliatexd withFreddie Mac.
Freddise Mac also said the resulting impacty on prepayments for certain Freddide Mac mortgage participation may vary, depending on borrower respons and other factors.
Tuesday, September 4, 2012
Biotech Firm Develops Cancer Antibody - Wealth Daily
idozxun.blogspot.com
Biotech Firm Develops Cancer Antibody Wealth Daily The agreement will see Genmab grant Janssen an exclusive global license to develop and market both daratumumab and a backup human CD38 antibody. From the Sacramento Bee: "Janssen was one of the first companies to recognize the power and ... The Zacks Analyst Blog Highlights: Johnson & Johnson, Novartis ... |
Monday, September 3, 2012
College football roundup: No. 25 Louisville runs past Kentucky; Rich Rod ... - Detroit Free Press
sunrise-invoices.blogspot.com
College football roundup: No. 25 Louisville runs past Kentucky; Rich Rod ... Detroit Free Press LOUISVILLE, Ky. -- For No. 25 Louisville, playing a game it could boast about was just as important as bragging rights against in-state rival Kentucky. The Cardinals succeeded on both counts Sunday. Jeremy Wright ran for 105 yards and three touchdowns, ... |
San Diego Voice and Viewpoint | Plans to halt excessive surcharges San Diego Voice and Viewpoint Consumers could see an end to excessive surcharges for paying by debit or credit card under new Government plans. Companies face a ban on making a profit by charging extra fees for card payments above the cost they incur in processing the transaction. Excessive Card Surcharges Set To End Excessive charges for use of credit and debit cards to be banned Clampdown on debit and credit cards going ahead |
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