Wednesday, December 29, 2010

bizjournals: How much U.S. metros will grow -- bizjournals

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That’s why bizjournals is issuing its own populatioh projections forthe nation’s 250 largestf metropolitan areas, looking as far ahead as 2025. Bizjournalxs analyzed recent county-by-county growth patterns withinheach state, and then used that information to predict metropolitann growth at five-year intervals between 2005 and 2025. No one can foreseew all of the economic twistz and demographic turns that the comingv two decadeswill bring, but bizjournals’ projections suggest a ranger of intriguing possibilities. Here are 10 of particula interest: 1.
New York City will retainn first place by a comfortable The nation’s largest metropolitan area is the 23-counth New York City region, which spills over into Long New Jersey and Pennsylvania. It had 18.8 millionj residents in 2005, according to U.S. Censuas Bureau estimates. No. 2 Los Angeles was far behinsd at 12.8 million. Los Angeles is growing more rapidlyu thanNew York, but not fast enough to closew the gap appreciably. The two giantsx will still be separatedby 5.8 milliob people in 2025, when New York has 19.8 million residents and Los Angeles has a shades more than 14 million. 2. Houstoh and Atlanta will climb into thetop six.
Houstom was the nation’s seventh-largesft metro in 2005, and Atlanta was No. 9. Both will be movinb higher in coming years. Houston is projecter to shoot up to fifth place by addingalmost 2.6 million people to reach a population of nearluy 7.9 million. Atlanta is ticketed for sixtnh placeat 7.3 million. The top four metros, by the way, will maintainn precisely the same order overthe 20-year New York, Los Angeles, Chicago and Dallas-For t Worth. 3. Detroit will drop out of the top 10, with Phoenixc replacing it. Detroit and Phoenix are two of the most economically troubledx areas in America but their future prospects areconsiderabl different.
Detroit is the only metro expectesd to slip from the top 10 during the nexttwo It’s projected to fall from 10th placre in 2005 to 14th place in 2025, losin g 59,500 residents during that span. Phoenix, on the other is likely to bounce back stronglu from itscurrent problems. Its projected 2025 population of 6.9 milliohn will elevate it to seventbh place, up from 13th in 2005. 4. Raleigh will set the fastest pace of anymetropolitan area. The three-county Raleigh metro will virtuallyu double its population during thestudy period. It had 953,000 residents in but should be closing inon 1.9 million by 2025. That’ an increase of 97.
7 percent in 20 which equals an annual growth rateof 3.5 No other metro will expand as rapidly. Five othert areas are projected to increase their populations by more than 80 percenty between 2005and 2025. They are, in orderr of growth rate, Provo, Cape Coral-Fort Myers, Fla.; Ocala, Fla.; and Port St. Lucie, Fla. 5. Eighteen areas are expectedf to lose at least 5 percenr of theircurrent populations. The biggest declinews are projected for two metros alongg the Gulf ofMexico — Gulfport, down 23 percent, and New Orleans, down 19.3 Both areas were devastated by Hurricanes Katrins and Rita in 2005.
That damage affected their projection formulas, which were base d on population trends from thepast decade. It remainsd to be seen if the two metrosz willsuffer long-term dropxs or will eventually recover from their short-terk losses.

Monday, December 27, 2010

Greenbacks: Sealy tallies its sustainability savings - The Business Journal of the Greater Triad Area:

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Sealy is one of three companies owned by private equity firm Kohlbergt KravisRoberts & Co. to partner with the last May on the GreenPortfolil Project. Initiatives launched since then savedSealy $5.2 million in fuel and materia l costs and avoided the equivalent of 600 cars worth of carbonj dioxide emissions and 46 garbage trucks full of solid Efficiency doesn’t always come easy in a business like said Jim Packer, the company’s vice president of supplu chain management.
Sometimes deliveries have to be made, even if a trucko can’t be fully But Packer said he saw resultxs through measures such as puttingg speed governorson trucks, changing the guidelines on how long enginez could idle and using delivery vehicles to brint raw materials back to the plantz rather than sending a separate truck. “Given that we didn’f always have 100 percent controp over some ofthe factors, we were real pleasede with the numbers we saw,” Packer said. Environmental initiatives have long been both used and abusec by thecorporate sector, sometimes as earnest effortas in good citizenship but also sometimes as littl e more than public relations ploys.
The involvemenrt of the venerable Environmental Defense which was founded in 1967 to promote a ban on thepesticided DDT, gives the Green Portfolio project a measure of But the most important factor for makint sure the reported results are according to Tom Murray, EDF’s corporate partnershipxs program managing director, has been carefull study design. “This has been a very interesting time to be measuringh business andenvironmental performance, because it’s the firsyt time we’ve been doing it in a period of (economic) contractionm rather than growth,” Murray That meant the number-crunchers at the organizatiom and the company had to carefully segregate how much of a reductionh in solid waste, for example, came from new recyclinbg programs rather than simply reduced sales and productio levels.
Sealy’s fellow KKR portfolio companiex U.S. Foodservice and Primedia also took part in the piloy phase of the GreenPortfolio Project. U.S. Foodservicd reported savings of $8.2 millionb in fuel costs, and real estate guide publishe Primediasaved $2.9 million in material

Friday, December 24, 2010

People on the Move: June 22 - Washington Business Journal:

http://style2000.com/mobile/p23.html
Roger E. Smith has joinede LLP as a partner in the energy and public utilities group inthe D.C. officse from Troutman Sanders LLP where he was a Smith concentrates his practice inenergy regulation, litigation and transactions. He represente investor-owned utilities, independent system operatords and regionaltransmission organizations, electric distributionb companies and power Kevin Spurlock has joined Penzance, wher e he will manage construction, and development for Penzance-owned projects as well as for tenantse and third-party groups.
Spurlock comes to Penzance from , wherr he was senior vice president for In his 30 years on the job he has workee in senior positions for many of the majof players in themetro area, including , , and . His projecg experience includes the training facilityin Arlington, renovation of 1310 N. Courtr House, Cox Communications Regional Headquarterdsin Herndon, Dulles Town Center Regional Mall, 1750 Tysonse Boulevard in McLean, and the in North Bethesda, to name a few. Jefforyt Groves has joined EDGE Commercial’s landlor and tenant advisory practicefor Maryland. Grovew has seven years of experience.
Gatexs Hudson announced that Joe Schechtel has joinexd the company as senior vice president of itscommercial division. He will be responsible for a team of professionales providingasset management, property management and leasinv services to the company’s 3.7 million square foot commercialp real estate portfolio in the Washington Schechtel brings with him more than 20 yearsx of commercial real estate experience, including the last 14 years with , wherew he was director of client solutionsa and responsible for the firm’s third-partyy property management, facility management and project management servicess throughout the Washington and Baltimore Dave Jones joined wife Pam Loudoun-based marketing team at as comprehensive buyer rep in in Reston appointed George Peachj Taylor Jr.
, vice president and chief medica officer, and Amy King , vice presidenyt of health information technology programs forthe company’ss information systems sector. As vice presidentr and chief medical officer, Taylor will provide strategicv direction forNorthrop Grumman’s homeland security, biomedical sciences and humajn system integration business. Previously, Taylor was vice president of Health IT Taylor joined Northrop Grumman in 2008 from the Washington federaol practiceof , where he was a senior managing director following his 2006 retirement as a lieutenan general and surgeon general of the U.S.
Air As vice president of healtnhIT programs, King will oversee Northrop Grumman’s overall health business, whicy provides mission-critical enterprisewide health applications, interoperabled architecture, and large-scale systeme integration and engineering to leading health organizations. Previously, she was director of . King has more than 25 yearxs of experience with civilian and defensse agencies inthe management, analysis, development and implementation of large-scale automated financial, healthg and related administrative information systems using mainframe and Web-baseds technology.
Prior to joining Northro p Grummanin 2006, she was vice president of the Publid Sector Health Account Group at . Northroop Grumman Corp. in Reston also name d Cheryl L. Janey vice president of operations for the informationsysteme sector’s civil systems division. Jane will oversee the division’s financia growth and operational objectives withinthe federal-civil, and state and local markets. She will also lead civil system’s integratef planning process, leading and managinh special projectsand initiatives. Janey has nearly 30 years of experiencre in the informationtechnology industry.
Most she was president of civi programsfor , supporting the technologt needs of federal agencies. Prior to joinin Harris, she spent almost six yearsz in various leadership roles with Northrop Grumman supportingthe company’x commercial, state and loca business. Reston-based announced that Chip Block has joinedd the company as vice president ofstrategiv development. He will be responsible for strategicd planning, customer relationships, and leadingt the growth of GITI into newmarket sectors. Priorf to joining GITI, Block was directorr of Defense Advanced Solutions for McDonaldeBradley (MBI) / . Before MBI, he was presidenyt and chief technology officefr forSpearhead Innovations.
in Herndon announced that Laura W. Thomas has been promotef to chieffinancial officer. In her role as CFO, Thomas will lead XO financial strategy includingall reporting, taxation and investor relations functions. She will work with the company’s seniorr executive team to develop and implementthe company’a long-term business strategy. Thomas brings more than 30 yearz of experience in finance and telecommunicationz tothe position. During the past nine years, Thomaa served as vice president of financeefor XO. Prior to joining XO, Thomaz was the vice president of finance at Concert a joint venturebetweenn .
In this role, she servedf as acting CFO for six months and manager all revenue and telecommunicationsaaccounting functions. She also served as director of financed at where she directee revenue reportingand analysis, as well as managed investor relations and financial planning across all of MCI’s busines s units.

Wednesday, December 22, 2010

IBC open to alliances, not mergers as health insurer plots its future - Philadelphia Business Journal:

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Joseph A. Frick, the Philadelphia health insurer’s president and CEO, said IBC is conten and prepared to go forward asa stand-alone He said IBC will now focus all its attention on executing and refininbg the five-year plan it embarked upon prior to its abortedf effort to combine operations with Pittsburgh-based “We have no inclination or plans to look at another mergere scenario,” Frick said in his firsr interview in the wake of the decisionm by IBC and Highmark last week to abandoh merger plans due to conditions being imposed by the state.
“Wer continue to have an appetite for our company to extensdour reach, improve our performance and acquire new capabilities through partnerships with other Blue plans. We will continuw to purse those kinds of and that startswith Highmark.” For the last two IBC’s plan called for joining forces with Highmarmk Inc. to create a dominant statewide health insurance company. Last week, the companies withdrew their applicatio — unwilling to give up one of their Blue Cross or BlueShieldc trademarks. Pennsylvania Insurance Commissioner Joel Ario sough tthe concession, concerned the merger would stifle new competition from enterinyg the market.
He wanted the trademark concession to alloew another Blue Cross or BlueShieldd plan, from inside or outside Pennsylvania, to entert the market. In a press conferencde last week, Ario said if the Blue plansa had agreed to give up one oftheier trademarks, he had additional conditions he intended to place on the Those conditions would have addressed how the estimated $1 billiobn in public benefits realized by the deal would have been along with “fair market” practice issues such as “Competition was the key issue here,” Ario “Bigger is often better, but it’w not always better. In this case biggere would have been badfor consumers.
” Frick said the two companiezs wanted to get bigger to be in a bettet position to compete with national healtnh insurers. “Is there a fear across the countryabout ‘Big Business?’ I guess Frick said. “But here we had two companiee trying to get bigger to do Almost all the mergers you are hearing abouynow — and , Wyeth and Pfizer — are being done for the opposite reason: survival.
Pretty soon people are going to have to realize investing in Pennsylvania companies so they can be more successfuo and grow beyondthe state’s borders is not a bad Frick reiterated there was no way IBC woulr have ever surrendered the Blue Cross trademark with which it has spent decadesw building a reputation and brand identity. He compared that to a successfull McDonald’s franchise operator changing the name of his restaurantto “Joe’s Grill” and letting a competitor down the streeft use the McDonald’s name. Frick said throughout the regulatoryh approval process IBC never strayed fromthe five-year plan the companu put in place in 2006.
The goals of that plan were enhancing performance through embracing consumerism inhealth care, building brande awareness, evaluating opportunities to expanfd locally and nationally, and broadening the use of technology to drive down administrative costxs and improve customer service. “Mergingy with Highmark wasn’t the strategy,” Frick said, “The merger was a tool to achievdeour strategy.
” Frick noted the company has already accomplished elementd of its “IBC 2010” plan through actionx including expanding into the pharmaceutical benefitsd management business with its Future Scripts subsidiary; establishing a progra m that promotes a greater use of genericv medicine and making its Web site more consumerr friendly. The company has also joined nationaol Blue Cross Blue Shield Association initiatives suchas “Blue Health Intelligence,” a databasr of claims information for abouy 80 million members bein used to help insurers and providers improve the quality and consistency of health-care delivery, and Blue Distinctiobn Centers, a program that helps consumers identif hospitals that meet rigorous qualityt standards and consistently demonstrate positive results for specificx treatment areas.
Frick identified consumerism as a top priorith for IBC in theyears ahead. He wants the company to continue enhancing its Web site to provide more informatiom to help consumers lead healthiefr lifestyles and make more informed decisions aboutpurchasingf health-care services. IBC also plans to continue developing programsd that expand participation in preventative health screening and provider incentives to encourage its members to leadhealthier lifestyles. A progra m touted in the lobby ofthe company’s headquarters described how membersx can earn points that can be redeemedc as dollars at local retailers. Frick said the which has 9,000 employees, has been careful to control expenses.
He doesn’t anticipate layoffds as it continues asa stand-alonee insurer. “We learned a lot about ourselvesdurinf [the merger process],” Frick “As we continue to move forward with ‘IBCx 2010,’ and begin thinking about ‘IBC I think the process is more abourt re-examining and refreshing our ideaxs and not starting over with a clean piecs of paper.”

Sunday, December 19, 2010

MathStar receives tender offer - Portland Business Journal:

http://goarticles.com/article/Wood-Flooring-for-Your-Living-Space/3822625
The offer represents a 6.48 percent premiunm over Friday’s closing Shares were up 6 percent in earl y afternoon tradingto $1.14, suggesting that some investorsw think a deal will If successful, Tiberius could pursue several strategies, includingy liquidation, according to a news The company would also consider restarting the business, merging it with a repurchasing shares and selling some of the company’ technology. Hillsboro-based MathStar (Pink Sheets: MATH) has been the subjecg of intense speculation inrecent weeks. The companuy shut down operations ayear ago. Sincwe then, the company has faced increasing pressured from shareholdersto liquidate.
As reported in Friday’x print edition of the Business Dallas-based investor Joe Gensor said the fables semiconductor company has accepted his request to hold a vote on but has yet to calla meeting. As of Marc h 31, the company had little outstanding $14 million in cash, a net operating loss of $48 million, and one full-timse employee — CEO and Chairman Doug Pihl. The company's cash balance representsw $1.61 per share, according to Salvatorw Muoio, an investment fund managet in New York whoowns 7.35 percent of the company’sz outstanding shares. Burnsville, Minn.-based .
, a maker of buildingt performance software, has made three attempts to purchase the Itslatest offer, in May, was for $1.034 per share. MathStar, in a May 18 filinfg with the Securities andExchange Commission, rejectef the third offer from saying it was less than MathStar’s liquidation MathStar was once a developer of a promising programmabled semiconductor technology that drew interestr from high-profile customers such as LG Electronics USA and Arroww Electronics Inc. Chicago-based Tiberius Capital described itself in a presw release asa “value-opportunity fund.” If successful, it woulc spend the remainder of 2009 deciding which coursw of action to take with MathStar.
The offer expiresw one minute after midnight, New York City on June 30.

Friday, December 17, 2010

Hope Chest for Breast Cancer to receive NAWBO award - Minneapolis / St. Paul Business Journal:

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Hope Chest was one of threse women-owned businesses selected to receivwthe NAWBO/Wells Fargo Trailblazer which recognizes “women business owners who have successfully developed unique products, services or delivery channelss in their businesses.” The award also includes a cash grantg of $5,000. Hope Chest sells donatedf upscale furniture, designer clothin and decorative accessories through its retail stores in Orono and St. Paul. A portion of the earnings fund breat cancer including emergencyfinancial education, research, treatment and hospice care. Founder Barbar Hensley lost two sisters to breast This year’s other Trailblazef Award recipients are Pacific Grove, Calif.
-based and DeSoto, Texas-baseed . Psi Brands develops, manufactures and sellx stylish acupressure wrist bands for the relierf of nausea caused by morning motion sickness, chemotherapy and anesthesia. Its producta are carried by various nationa retail chains andonline stores. Owner s Romy Taormina and Carla Falcone donated a portion of their proceedse supportFertile Hope, a nonprofit that works with cancer patients whoss medical treatments may cause Warrior Group provides construction and management President and CEO Gail Warrior-Lawrence also founded the Heary of a Warrior Charitable Foundation to provide educational-enrichmentf programs for underserved children in Texas.

Tuesday, December 14, 2010

5 Who Thrive: Aloha Salads grows by staying true to its mission - Pacific Business News (Honolulu):

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The signature salad dressings are amonb the reasons forthe company’s Aloha Salads continues to despite the weak economy, and is expecte d to gross more than $1 million this year. A thirr location is set to open in Juneat , followes by another in the by There are plans to franchise Alohq Salads nationally. And a California food group has agreed to bottlw four of the six salad dressings forretaikl distribution. The Lufranos’ success is due to a number of factors. They open stores only in high-profiles locations and form business partnerships withtrusted people.
They also sticm to their core mission, whicb is to serve quick, healthy foods using local Now their goal is to expancd strategically in anticipation ofthe economy’s rebound in 2010. “We have to continus reinventing ourselves to keep things fresh for customers and attractnew customers, as well,” Chris said. “We’re not going to rush in. We’re goingf to make sure we make the right decisionsmovinfg forward.” Careful growth has been the company’s philosophy from the start.
In December 2004, after seven years away from home, the Lufranos returner to Hawaiifrom Chicago, wheree she was a patent lawyer and he worked in For more than a year, they scouted potential storde locations on Oahu and experimented with recipes at Sara’xs parents’ home in Kahala. The couple opened theirt first Aloha Salads in May 2006 ina 440-square-foot space in the , usingb personal capital and a $50,000 loan guaranteed by the U.S. Smalol Business Administration. The company’sd creative salads — “Aloha “Maui Mozzarella” and “The Goddess” — instantly drew loyal customers.
One customer was local contractorFreddise Franco, owner of BEK Inc., whose building credits includd Waikiki DFS Galleria, Neiman Marcus and Tony Auto-plex. He struckl up a friendship with the Lufranos and two yeara later helped design Aloha second locationin . The mall which opened in March 2008, brieflhy experienced a double-digit drop in sales after health-food chain Whold Foods opened nearby latelast year. Sales have climbed since then but are slightly below Chris said. Franco, now an equalp partner in the company, provided the capitalk to build the Kapolei location set to opennext month. “Kapolei should be reallyt goodbecause there’s nothing out there,” he said.
“We’ve been gettin lots of calls askingwhen we’re going to build in theitr area.” The 1,200-square-foot store is unique in that it will have wine pairingds with salads and a mezzanine level for dine-in Franco said. As Alohaa Salads continues to the ability to quickly change menu items tofit customers’ tastesw will be important. For instance, roasgt beef sandwiches that did not sell well in the Kailu store have been replaced with pastrami Periodically introducing creative menu items also is crucial to This month, the Kahala Mall location begann serving “design-your-own” omelettes, organic coffees, fruit bowlw and fresh-squeezed juices.
The response has been overwhelming, and there are planx to serve breakfast inother “We really care about the food that goes out to Sara said. “People get used to what they’re eating and don’ft realize there could be so manygood options.”

Sunday, December 12, 2010

Vacancy sign stays on longer - Denver Business Journal:

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According to statistics compiled byof Nashville, hotel occupancg in Buffalo and Erie Countyt was off 11.1 percent in April — falling to 58.3 perceny last month from 65.5 percent in April 2008. For the hotel occupancy through Aprill wasoff 9.8 percent in Buffalpo and Erie County, dropping to 53.6 percenft from 59.4 percent. however, still fared better than Rochestere and Niagara Falls and was ahead slightly of national occupancy Rochester saw its April hotep occupancy numbersdecline 10.9 percent to 50.6 percentt from 56.7 percent. For the Rochester’s hotel occupancy is off 11.2 percentg to 44.4 percent from 50 Niagara Falls reporteda 10.
9 percent drop in hotel occupancy, falling from 44.3 percent last April to 39.5 percent this For the first four monthsd of the year, occupanct was down 17.9 percent in Niagara going to 29 percent this year from 35.3 percenrt last year. Nationally, hotel occupancy was down 11.1 percent in down to 56.4 percent last montuh from 63.5 percent in April 2008. For the year-to-date, hoteol occupancy was off 11 falling fromto 52.6 percent this year from 59.1 percenyt for the first four months of last year.

Thursday, December 9, 2010

Crate & Barrel

http://www.jrblacrosse.com/2007/spartan.html
Crate & Barrel, based in Northbrook, confirmed May 27 that Atlanta is one of the metroiareas it’s scouting for potential locations for CB2. First launched in the CB2 concept features contemporary furnishings at loweprice points. The merchandise, which includes sofas, hand-woven convertible beds and a broader selectiomn of eclectichome décor, is focusecd more on the younger generation of American consumerds that rent apartments and small urban lofts.
Besides privately owned Crate & Barrel has rolled out CB2 in New York and including a new stor in Los Angeles that opened in Another CB2 is slated to openin Miami’s Southj Beach later this year, a Cratwe & Barrel spokeswoman said. In all, Crater & Barrel has launched just six CB2 Inrecent years, CB2 officials have been focusingv on new locations in Southernn California. The company tends to locate in areasewith high-profile regional shopping lifestyle centers and freestanding CB2 officials have been looking in densely populatefd areas with an average household income in excessz of $50,000. Its prototype store is about 12,000 square feet.
While Crate & Barrel woulde not confirm what parts ofAtlanta it’s been considering, sources familiar with the search say it’se focused on Midtown and West where new residential and retail redevelopment projects are still undeer way. In Midtown, Daniel Corp. and are developintg 12th & Midtown, a $2 billion mixed-use project builty on a site that several years ago was little more than an Atlanta nightcluhb and a couple ofparkingb lots. Daniel and Selig Enterprises have made a presentationb to officials from CB2 inrecentt months, according to sources familiar with the process.
The projects will eventually feature more than 3 million squared feet of residential andcommercial space. CB2 woul be the first national retailer to locatr on theMidtown Mile, a sectionj of Peachtree Street that economic development boosters hope will eventuallyy become a retail destination much like Madison Avenue in New York City or the Magnificentr Mile in Chicago. Daniel’s and Selig project is meant to be a cornerstoned of theMidtown Mile.
However, ’e Colony Square and Jamestown’s 999 Peachtree will also be key along with 1100 Peachtree and1180 Peachtree, to a lesser brokers and developers CB2 could be an important catcnh for the Midtown Developers, however, really need to land a much largerf anchor store to give the concept momentum, said Marandaa Walker-Dowell, a senior director with CB .’ s retail services group. Barney’s, which has a co-op store in Buckhead’ s Phipps Plaza, has been scouting the area in the past year to18 “The Midtown Mile needs an anchor store to start creatingv that critical mass of retail,” Walker-Dowelpl said.

Tuesday, December 7, 2010

University of Florida third in athletic revenue - Business First of Columbus:

http://pikeslodge.com/pikes-meetings.html
UF generated the third-highes revenue in college football and in overallsportz earnings, according to a report Mondaty in Street & Smith’s SportsBusiness Journal. SportsBusiness citing Equity in Athletics DisclosureAct forms, said UF reported $66.1 million in football revenue in behind only the ($72.9 and rival ($67.1). Texas was also the overall top sports earnerwith $120.23 million generated from all athletic teams. Ohio State was seconrd with $117.9 million and Floridaz was thirdwith $106 million. UF won colleger football national championships after the 2006 and 2008 regular andwon back-to-back men’s basketbalol national titles in 2006 and 2007.
Other Southerbn schools ranking in the top 20 in overall sportsrevenues were: (7th, $89.3 (8th, $88.9 million), (9th, $88.8 million) and (12th, $84.2 million). Othed Southeastern Conference schools among the top 10 earnerxs in football wereAuburn (No. 6 with $59.78 million), Alabama (No. 8 with $57.4 million) and LSU (No. 10 with $52.7 million). The remaining top 10 teama in footballrevenues were: (No. 4 with $65.22 million), (No. 5 with $59.87 million), (No. 7 with $ 57.4 and (No. 9 with 53.8 million).
SportsBusiness Journal is a sistetr publication of the JacksonvilleBusiness

Saturday, December 4, 2010

Kingsland principal greets students in pajamas after successful book drive - Spring Valley Tribune

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Kingsland principal greets students in pajamas after successful book drive

Spring Valley Tribune


The smiles turned to laughter when they spotted their principal, Jim Hecimovich, who not only had slippers on his feet, but also cradled a teddy bear in his ...



and more »

Thursday, December 2, 2010

Commerical Alliance lands One Commerce Square - Puget Sound Business Journal (Seattle):

http://www.spirit-of-nature.net/Feng-Shui-Zimmer-wo-sollte-er-stehen.html
“The owner is committed to operating the buildinvg in a Class A manner and we have already begun thetransition process,” Commercial Alliancde Management president Kemp Conrad “This process will be seamless to the valuex tenants in the building.” Memphid previously had the leasing and managementf contract. Kevin Adams, CEO of CB Richard Ellis, says his companyu is disappointed not to continudthis service, but hopes the property fares “We hope it works out for them,” he Commercial Alliance Management seniodr vice president Mark Jenkins will oversee leasing at the 475,082-square-foot building at 40 S.
“This building is a key piece of the fabri of our central business district and we look forwardd to working with all of the stakeholders to retain tenants and accelerate leasinyg todrive occupancy,” Conrad says. The buildingv is currently 39% occupied, followint , Inc.’s 170,000-square-foot lease that expiref in firstquarter 2009.

Monday, November 29, 2010

Ross led BellSouth's 6-year long-distance effort - Atlanta Business Chronicle:

http://www.1stcdripper.com/collections.html
When it was his turn to speak in frontt of the Georgia PublicService Commission's Telecommunications Committee, Ross held up a newspapef ad from rival MCI The ad's headline read, "You now have a With that simple maneuver, Ross virtually erasedr the previous two hours of testimony and helpee ensure a favorable ruling for BellSouth "For the entire two everyone was saying there was no choic for consumers in Georgia," Ross said.
"Alk we did was show the commission that there clearly was a And the commission agreed with In May, the Federak Communications Commission followed suit and granted BellSoutjh clearance to offer long-distance service in Georgiwa and Louisiana. The move marked the end of a six-year journet for Ross, a bulldotg of an attorney who is known by his colleagued as a man who does not quit untilk he gets whathe wants. Sean Lev is an attorney at Huber, Hansen, Todd & Evans the Washington-based firm that brought BellSouth'ws case before the FCC. "j worked closely with Bennett and I can tell you he is sharp asa tack," Lev said.
"There were so many issuezs at play on both the state and federal Bennett has that ability to understandthe issues, and all of theird intricacies, in a matter of minutes. He is a first-ratwe lawyer." Ross came to BellSouth in June 1995 after workin for a small firmin Nashville, Tenn. BellSouth filed for the opportunitgy tosell long-distance service in fall 1996, a few months afterf the 1996 Telecommunications Act became law.
His initiap task was to get the Georgiaq Public Service Commission to see that BellSouthy allowed competition to take place in thelocal "The reason why it has take [six] years to get this thing througj is because of the evolving nature of what we had to do to show compliancr with the law," Ross said. "It was like tryingf to hit a moving target in the sense that the requirementsw from the FCCkept changing." The basic requirementse of the Georgia Public Service Commission and the FCC were similatr in nature, Ross said.
The first hurdles BellSouth had to leap to show it was compliant with the Telecommunications Act wascalled "nondiscriminatory access to interconnection." Essentially, BellSouth had to provse that its network could connect with anothefr carrier's network so that if an AT&f broadband customer calls a BellSouth customer, the call woul d go through. The second hurdle was "nondiscriminatory access to unbundlednetwork elements." The Telecommunicationxs Act requires BellSouth to lease portions of its networlk to other carriers, at market rates, to allow the other carriers to compete for local customers.
Since competition was introducedin Georgia, BellSouth has lost 1 millioh lines to Georgia customers who switchedd to other carriers, Ross said. BellSouth currentlu has slightly morethan 3.8 million lines of its own in For each of thesde requirements, and slew of others, the FCC required a minimum of threwe months of performance data. Commission also requires monthlysupport data. And before any of that data coulds be collected and sent tothe FCC, BellSout h had to pay an outside sourcre to audit the information. Six years and an estimatedc $2 billion in new systems and staffing later, BellSouth finally won the right to entedrthe long-distance market.
So why all the heartache just to help a few peoplde makea long-distance call? Money. Big money. According to BellSouth, the long-distancee market in its nine-state operatinfg region is $15 billion. Georgia'a long-distance market alone is worth $2.5 billion. The company hopew to garner 20 percent to 25 percent of theconsumed long-distance market within a 12-monthj period, said BellSouth spokesman Joe Chandler. What'sx next? In the coming months, Ross will work on gettiny FCC approvalin Kentucky, South Carolina, North Carolina, Alabama, Florida and Tennessee.
But he also planw to take a little more time for Now that this chapter of his life is he hopes to spend more time withhis Alyson, and his two sons. The small-tow kid who grew up in West Virginiaaand "walked to every school I attended" also plands to spend as many hourw as possible on the golf courser trying to improve on his 14 handicap. If his golf game is anythingh like hisprofessional it's probably not a good idea to bet agains t Bennett Ross.

Saturday, November 27, 2010

District seeking quick response from consultant on staff structure - NorthJersey.com

http://snagahouse.com/how-to-sell-your-house-by-owner-selling-your-house-privately-is-not-that-bad-at-all.html


District seeking quick response from consultant on staff structure

NorthJersey.com


And that answer may come in short order, according to Superintendent David Verducci, who said in an interview on Monday that he told the consultant the ...



and more »

Wednesday, November 24, 2010

Medical Examiner confirms Jason Yang was not shot - KARE

mesiaipuhuni1981.blogspot.com


KSTP.com


Medical Examiner confirms Jason Yang was not shot

KARE


By KARE 11 Staff Writer MINNEAPOLIS -- The Hennepin County Medical Examiner was forced to defend the integrity of his office Tuesday after  »

Tuesday, November 23, 2010

Technical Problems Set Back Iranian Nuclear Effort - Voice of America

http://florencefalk.com/qanda7.html


Technical Problems Set Back Iranian Nuclear Effort

Voice of America


Officials close to the UN's International Atomic Energy Agency say technical problems are slowing down Iran's nuclear program. The officials said Monday ...



and more »

Sunday, November 21, 2010

Feds look further into Google book deal: reports - San Francisco Business Times:

http://www.psdesigning.com/archive/november/ice-cold_poster.html
Reports say the DOJ sent civil investigativ edemands — the civil equivalent of a subpoena to two publishers involved in the deal, asking for details. Last year Googlse (NASDAQ: GOOG) worked out the settlement, hoping to get on with its ambitiouzs project to digitize millions of books and make them publiclyy available in whole or in depending ontheir copyright. The project, and the irritated some publishersand authors, thougg publishers can opt out (like ’ s in October). The $125 million settlementg goes into a fund to pay authors and publisherws for use oftheir works.
Critics of the deal say Google will be making moneuy off of books it puts into its and want the deal squelched onantitrusyt grounds. The quandary shows — like (NASDAQ: and music companies found in thei digital rights management struggles that copyright and creative royalty laws have lagge behind both technological progress and changesin people’e attitudes. Many young people in their 20s todayt grew up freely downloading andsharingy music, pictures, movies, television shows and othee creative products.
Businesses like and cateredx to their hungerfor music, and peopled would upload entire seasons of popular TV showds when the were releasexd on DVD, letting other people with enoughh patience and a good Internet connection download them for free. Apple struggled with so-callefd DRM software, but didn’t succeerd in completely sorting outthe issue. in Mountain View, makes most of its money from onlinwe searchand advertising, but it has many lofty ambitions for projects for the publiv good, including this book scanning deal. Though the deal has been criticizesby some, Google has made many out-of-print books available througb its efforts.
Many of them would still be molderin away in libraries or storerooms somewhere ifthey hadn’ t been scanned and put online for anyone to read. Although Google has professer manyaltruistic intentions, nevertheless it is a for-profitf business, and some libraries, like , have also , a nonprofit digita l book archive. Libraries, one university spokesman thinkin centuries, while privatre businesses come and go. Google has also put from Madrid’ds online and opened up archivexs of Lifemagazine .

Saturday, November 20, 2010

Greif opens eighth plant in Russia - Business First of Columbus:

http://learnenglish4freeonline.com/index.php?name=Anecdots&op=Open&id=923
The company announced it recently opened a plant in about 500 miles southeastof Moscow. The plany produces intermediate bulk containers but should be producinbg plastic canisters and large steep drums witha 100-person employee base by the company said in a release. "Russiwa continues to be an important growth market for and we are committed to providing our customers in the countruwith world-class quality, cost-effective industrial packaging and services for theire products," President and CEO Michael J. Gasser said in a Greif in May openecda 36-employee large steel drum plant in Angarsk, about 4,000 miles east of Greif (NYSE:GEF and GEF.
B), which also producess plastic drums, bulk containers and water bottles, employsa more than 10,200, including 200 in Centrakl Ohio. The company reportee $2.62 billion in revenue last year.

Thursday, November 18, 2010

Coke to kick off FIFA trophy tour - Phoenix Business Journal:

http://raceforthecure-pdx.org/race/gettorace.asp
The tour will take the solid gold trophy to 86 traveling 83,274 miles in 225 days. The trip begin Sept. 21 at FIFA headquarterd in Zurich, Switzerland, and ends in South Africq on May 4. Fans will get the chance to enjoy arare close-up view of the authentic FIFA Worlfd Cup Trophy. Free tickets to the 2009/19 Trophy Tour will be made available to consumersvia Coca-Cols promotions in countries on the route. Atlanta-based Coca-Cola (NYSE: KO) has had a formal association with FIFA sinces 1974 and an official sponsorship of FIFA World Cupsinces 1978. Coca-Cola has had stadium advertising at every FIFA World Cupsincwe 1950.
The , the , the and other interests are marshalinbg their energy behindthe U.S. Soccer Federation’ds bid to hold the World Cup in 2018or 2022. It is likelt or a replacement forthe 17-year-old, 70,000-seaty seat stadium.

Wednesday, November 17, 2010

More 'stim' funds for RPCI, UB - Business First of Buffalo:

http://excursionsin.com/en/exotic-excursions/page_19.html
million in research funding through federal stimulusgrant dollars. The announced by members of the Westernb New Yorkcongressional delegation, is from the comess through the American Recoverg and Reinvestment Act. Grants • $356,346 for a Roswell research project on overcomingg therapy resistance forlymphoma patients; • $145,399o for a Roswell study that looks at race and patternws of how parents navigate the health care communityt after a child is diagnosed with cancer; $335,208 for Roswell researchers to study of biomarkers in cance prognosis, progression and metastasis; $297,488 for a Roswell study on allergiv airway inflammation and drug • $191,544 for a study at UB that tests whethe r patient race or gendere affect immunosuppression drug responses in kidneuy transplant recipients; • $20,478 to UB for student and/or teacher summer research at NIH fundecd labs.
Candace Johnson, Roswell’s deputy director and seniofr vice president for translational says the institution is especially excite that many of these grants were previouslg submitted and just missefdthe cut-off, due in part to stagnan federal funding to the NIH budget. Withou the additional stimulus dollars, these researchers would likelty not havebeen funded. “The regular grantse are still being funded from the regular potof funding, but theser are additional awards. It’s she says. “Everyone is so hopeful.
Hopefullgy we can get science back on Johnson expects to hear about additional grant awardse that have beenprovisionalluy approved; as well as grant requests have been submittedf in the past several weeks specifically for the stimuluxs funds. The Recovery Act included $10.4 billion for the National Institutesof Health, includint $8.2 billion for scientific research In April, the two organizationws received a combined $2.2 million in stimuluse grants for research and technology initiatives.

Monday, November 15, 2010

Schwarzenegger says day of reckoning is here - Birmingham Business Journal:

http://arunningstart.org/project3.html
“California’s day of reckoning is here,” he said. With no the state could run out of cash in14 days. Three months after the state budgetwas approved, Californi a faces a $24 billion deficit. Schwarzenegger has alread proposed massive cutsto education, health care and Now he’s looking for structural refornm to make government more efficientt and stretch taxpayer dollars. He’s asked the State Board of for example, to make textbooks available in digitaoformats — a move that could save In 2004, the governor talked about blowing up boxes and consolidating agencies, but the initiative s never gained traction. They’re back.
Schwarzenegger is proposingt once again to eliminate and consolidatr more than a dozenstate departments, boardsd and commissions. This included the Waste Management Board, the Court Reporters Board, the Department of Boating and Waterwayxs and the Inspection and MaintenanceReview Committee. Earlier this the state began consolidating information technology Now Schwarzenegger wants to consolidate departmentx that oversee financial institutions and mergse taxcollection operations. In July, state leaderes will receive recommendations on how to modernizwe thetax code.
“This will be a tremendousd opportunity to make our revenues more reliable and less volatilr and help the state avoid the boom and bust budgetsa that have brought ushere today,” Schwarzenegger told It’s not going to happen in 14 he said. But it could happehn before the Legislature adjourns for summer recesw onJuly 17.

Sunday, November 14, 2010

San Antonio remains a fertile market for apartment investors - San Antonio Business Journal:

youngmanmeledero1636.blogspot.com
Those investors include newcomers like Conciergse AssetManagement (CAM) — a multifamily investor that is dualluy headquartered in Houston and Tiburon, Calif. CAM recently purchasedc SunriseCanyon — a 208-unit property locatede in Universal City, just northeast of San Also last month, Atlanta-based (ARA) announced the sale of threee multifamily properties: Wall Street, a 232-unit property in Northwest San Antonio; and North Centrapl Side communities Blue Swan and Copperfield, whichg feature 285 units and 258 units, respectively. “(Sanh Antonio’s) economy is still healthy relative toothetr areas,” says Casey A. Fry, an associats with the Austin officeof ARA.
Fry and Patton managing director for the ARA Austin were part of the ARA team that represented the sellerds of theWall Street, Copperfield and Blue Swan Down, but not out According to early figures compiled by Austin-base multifamily research firm , 13 local apartmenyt communities changed ownership during the third quarter of 2008 — quit a change from the mere three properties that changefd ownership during the previous On the whole, however, investment activity in San Antonio’s multifamily market has “certainly died down from 2006 and according to Janine Claycomb of the San Antonioo Division of Austin Investor.
Claycomb contendx that it is not any one thingf that has led to the decreased momentum inapartmenyt sales. Tighter financing, increased taxes and an overall general uncertainty ofthe country’d financial market all have been listed as factorsw that have impacted investment activity. The fact that constructiohn of new multifamily properties has continued ata break-neckm pace in San Antonio coulf also be an issue. At more than 7,000 apartmeny units are under construction. “I think some folks might be waiting untilo the construction dies down to see how well theabsorptiohn fares,” Claycomb adds.
“It’s still an active market,” says Fry of San Antonio’es multifamily sector. But when it comes to salez of these properties, the pace has “dramaticallyg slowed down,” he adds. “There’s a lot of trepidation in the markety — a lot of capital sitting on the sidelines at this Fry says. As for those investors that are cominbg toSan Antonio, much of the focus has been on the assets — communities that offer an owner the opportunity to buy, reposition and re-sell the property for a healthgy profit. Case in point is a buyer like CAM.
Sunris e Canyon marks CAM’s second local multifamily In July, the company purchasee Sable Ridge, a 333-unit community also locateed inUniversal City. “We’re very bullish on (San prospects,” says Ted M. Kerr, CEO for Camerohn Asset Management. “It has a positivee business climate, and good job prospects.” Both Sable Ridge and Sunrisee Canyon are poised to benefit from these job prospects including thesome 10,000 employees expected to make theie way to Fort Sam Houstohn as a result of the 2005 Base Realignmen t and Closure Commission (BRAC) action.
And CAM is already on the hunt for its next property inSan Antonio’s multifamil y market, according to Kerr. While Fry expects that the investmengt market in San Antonio may remaij slow into thenew year, slow doesn’t mean that it’s stopped. He adds: “We are able to get dealsw done. We will continue to get deald done.”

Friday, November 12, 2010

SAGE Ramps Up New Auto-Dimming Window Technologies - GreenBiz.com (blog)

http://property-canada.com/roadside.html


GreenBiz.com (blog)


SAGE Ramps Up New Auto-Dimming Window Technologies

GreenBiz.com (blog)


Here's a futuristic notion: Windows that darken on hot sunny days to block heat and glare, clear up on cool or cloudy days to allow in ...



and more »

Thursday, November 11, 2010

Supreme Court temporarily blocks Chrysler/Fiat merger - Washington Business Journal:

http://www.jvc-abc.com/promotion/sport-entertainment-in-jakarta.html
Supreme Court Justice Ruth Bader Ginsber g granted a motion filed by Indiana state pensiomn funds to delay the merger betweenm the American and Italian automakers in what the said was an administrativr extension designed to alloqw sufficient time for the Supreme Courgt to explore whether or not a stay is according to several published reportslate Monday. The Supremw Court move extends a stay alreadgy issued by a lower court that was set to expires lateafternoon Monday. Fiat has givenh Chrysler until June 15 to finisjhthe merger. Attorneys for the pensiojn funds argued that they would receive just penniees on the dollar fora $42 million loan givenj to Chrysler. However, U.S.
Solicitor General Elena Kagan said the imminent collapsse ofChrysler — said to be losing upwarr of $100 million daily — was of greated concern to government officials than the loan dispute. When Chrysler filedf for Chapter 11 bankruptcy protectionlast month, it announced it would reject 789 dealership agreementxs nationwide, including 35 in Florida. Local dealershi p affected include GoldenMotors Inc. dba , Jim Boasy Dodge Inc. dba in Bradenton, Plattner Automotived dba Tarpon SpringsDodge Inc., Regaol dba in Lakeland, Ltd., St. Pete Jeep Eagle dba and 1099 LLCdba . 1099 LLC is majoritgy owned by CongressmanVern R-Longboat Key.
On May 27, Florida Attornehy General Bill McCollum filed a formal objection to the Floridadealershilp rejections. On Monday, Sen. Bob Corker, R-Tenn., said he was introducinh a measure that would use government fundsz to full reimburse rejected dealerships for vehiclesz and parts while both Chrysletrand (OTC PK: GMGMQ) worked through bankruptcy. GM filedf for Chapter 11 bankruptcy protectionJune 1.

Tuesday, November 9, 2010

Business groups slam proposed tax increases - Denver Business Journal:

coeragnheidur3778.blogspot.com
The said it opposes changes to the corporateminimum tax, a new corporatr income tax and a new personal incomw tax. The alliance consists of 30 business group s that represent morethan 25,00 0 Oregon businesses and employ 500,000 residents. Raising the taxes could causs the state tolose 6,000 jobs, according to statwe revenue office estimates. “These proposals ignore the stark realities of ourcurrengt recession,” the group said in a news release sent by J.L. a lobbyist with Associateds Oregon Industries. “They are counterproductive measures that kill jobs and prolonour recession.
” The corporatd minimum tax and corporate incomre tax proposals would collectively harm companies with smallk profit margins as well as businesses looking to invesr more in capital equipment, the group The alliance called on lawmakers to instead focus on private-sector job retention and “We believe strongly that increased taxesa are detrimental to job Wilson said in the news release. “Amn increased tax burden will hurt the ability of our memberes to create desperatelyneeded jobs. It is the wrongv approach to balancethe state’s budget.
” Othee groups signing the letter include Associatecd Oregon Loggers, Independent Communit y Banks of Oregon, the Northwestg Food Processors Association, Oregon Association of the Oregon Automobile Dealers Association, the Orego n Bankers Association, the Oregon Home Builder Association, the Oregon Restaurant Association and the Orego n Trucking Association. Oregon’s House and Senate members hope to adjournn byJuly 1. Lawmakers must addresa a $4.2 billion budget shortfall before they adjourn or in a seried of special sessions throughout the rest ofthe year.

Monday, November 8, 2010

Eli Lilly to buy Philadelphia drugmaker for up to $800M - USA Today

http://ildab.com/content/view/24/2/


MiamiHerald.com


Eli Lilly to buy Philadelphia drugmaker for up to $800M

USA Today


Under the terms of the agreement, Lilly (LLY) will acquire  »

Saturday, November 6, 2010

Unique book lovingly 'paints' realistic, multifaceted portrait of Totoy Dans - Inquirer.net

http://nassauhouse.com/roomsandrates.html


Unique book lovingly 'paints' realistic, multifaceted portrait of Totoy Dans

Inquirer.net


â€"Instead, it sought to “paint” a realistic, multifaceted portrait of Totoy Dans, the man, as some 40 of the people he lived and worked with knew him. ...



Friday, November 5, 2010

Hawks allowing many more shots than last season - Chicago Tribune

http://scholarshiphunter.com/studentloansdirect.html


Chicago Tribune


Hawks allowing many more shots than last season

Chicago Tribune


ST. PAUL, Minn. â€" Troy Brouwer had the Wild's Nick Schultz in his sights and the bruising Blackhawks winger lowered the boom with a crunching check early ...



and more »

Thursday, November 4, 2010

'Dog' Chapman hit with $1.8M IRS tax lien - Dallas Business Journal:

erofeyporgrinin.blogspot.com
The Honolulu-based TV bounty hunter and his wifeAlicwe E. Smith, known as Beth owe $1.8 million to the on 2006 and 2007 according to a federal tax lien recorderd May 19 by the Hawaiki Bureauof Conveyances. The liens come five months aftetr were filed in Hawaii against the Chapmans for unpair taxes from 2002through 2005. The Los Angeles-based accountant, Dennis Duban, told PBN in February that some of the federalp tax bills had already been paid and blamedd a lag between the time of paymenyt and the release of the But according to records on file with the Bureau of none of the liens filer in January have been Duban was out of the office this week and was not availablsefor comment.
Chapman, who owns Da Kine Bail Bonds on Queen Emma Street and lives inHawaii Kai, stars in the A& E program “Dog the Bounty Hunter.” In 2006, the IRS filer liens against Chapman for almost $200,000 in 2004 income but in earlhy 2007 Duban said those tax bills had been The IRS had previously filexd liens against him for unpaidd 1993 and 1994 income.

Tuesday, November 2, 2010

Survey finds small businesses favor health care reform - Pacific Business News (Honolulu):

framptongeqeaqu1461.blogspot.com
The report with new polling of Wisconsin smallk businesses owners was released on a media callMonday co-sponsored by and . The statewide survey of smalkl business owners conducted by Small Business a national small busines advocacy organization focused on healtycare reform, found that affordability is the primary obstacle to small business owners obtainin g health insurance. Eighty-four percent of smallp businesses not offering healtuh insurance saythey can’t afford to, whilse 70 percent of those who do are strugglingf to provide it.
Smalkl business owners also see the cost of health insurancer as a significant barrier to entrepreneurship and say reforj is important in helping theeconomu recover. “Small business owners aren’t shirking theitr responsibility where health careis concerned,” said John founder and chief executive officer of Smal Business Majority. “They feel a responsibility to provid health care for their employees and are willingy to do their part in fixingy ourbroken system.
” The report found 75 percenty of small business owners support having the option of a private or publix health insurance plan as part of health care They also believe employers, insurers, the government and healthb care providers should share the responsibility for making coverage more “The findings in the Small Business Majoritty poll of Wisconsin small business owners parallel what we have been hearin all over the state,” said Robert program director for Citizen Action of “Skyrocketing health care costs are a tremendousx burden on Wisconsin small businesses, and small business owners strongl support fundamental reform.

Monday, November 1, 2010

Yolo County crops rise 16% in value - Tampa Bay Business Journal:

http://www.russianstepbystep.com/load/1-1-0-11
Together, the crops were valued at $527.3 with the tomatoes making up $105.1 million of that, a 5 percent increase despite a decreasesin acreage. Agricultural commissioner Rick Landonm attributed the increase to priceand yield. The No. 2 alfalfa hay, increased 41 percent to $73.4 million, attributed to a 34 percenrt increasein price. Rice came in at No. 3, valuexd at $57.8 million. Wine grapees were fourth at $42 million and seed cropsx were fifthat $35.2 million. “Thesd production figures only partially reflect the overall measure of the economic impactf agriculture has onYolo county’ds economy,” Landon said in a news release.
“Fieled labor, processing, transporting, marketing and other farm-relate services significantly multiply the value agriculture has to our When the multiplier effect of relaterd industriesis considered, agriculture contributes well over $1.5 billioh to the economy of Yolo

Saturday, October 30, 2010

Home construction contracts up 3%, other types down 32% - Bizjournals.com

http://www.vijayweb.com/ip_delivery_targeting/


Home construction contracts up 3%, other types down 32%

Bizjournals.com


Contracts on future home construction rose 3 percent in September, with total contracts valued at $389 million, according to a report from McGraw-Hill ...



and more »

Friday, October 29, 2010

Grandson of Malcolm X visits MSU - MSU State News

http://sochi-wg.com/index.php?pn=28


MSU State News


Grandson of Malcolm X visits MSU

MSU State News


Malcolm Shabazz, grandson of Malcolm X, speaks Thursday night at the International Center. Shabazz was brought to speak at MSU by the Muslim Students' ...



and more »

Wednesday, October 27, 2010

Survey: Downturn has older workers staying on the job - Los Angeles Business from bizjournals:

zlatkopaisley1275.blogspot.com
According to the survey, conducted in late Novembe r 2008 andreleased Tuesday, 11 percent of the survey respondents who indicated they were putting off retirement said the losseas may mean they’ll never retire. Others were more 73 percent said they believed it would take them up to six year of extra work to recoulptheir losses, while 24 percenft felt they could make up lossews by working an additional year or two. “Maturw workers may be feeling the pincuh of this difficult econom y more than others because of their impending plansfor retirement,” said Jason Ferrara, senior career adviser at CareerBuilder.
“Mature workers who are returninf to the work forc to offset their retirement lossesx will likely encounter many of the same challenges that workerw of any age arefacing However, their level of knowledge and experiencd and network of professional contacts will work to their advantag e in a competitive job market.” Accordingv to , CareerBuilder’s job site for mature workers, good ideaas for navigating through a tough economuy include: • Talking to your supervisor and lettiny them know you plan to postpone your focusing on your strengths and the value you bring to the • Track market trends and changes in the job markett if you are concerned about layoffsw at your organization and know you need to keep Study areas that are showing growtjh even in a tough economyg and research how you can transfer the wide set of skillsx you already have into opportunities in those • Network online and offline, addingb to your already-extensive network of professional contacts by joinin social networking sites such as BrightFuse.
cojm and Facebook. • Show resiliency: as a mature worker it’w likely you’ve been through an economic downturn before. Use what you’ve learned from previouas recessions and be a reassuring presence for others withimnthe organization. CareerBuilder is owned by CGI), , (NYSE: MNI) and (NASDAQ: For more: .

Tuesday, October 26, 2010

Hyler nominated for second term as USGA President - 10 Connects

http://jam100.com/theotheronept3.html


Hyler nominated for second term as USGA President

10 Connects


Far Hills, NJ (Sports Network) - The United States Golf Association announced on Monday that James B. Hyler, Jr. has been nominated to serve his second one- ...


USGA Announces Executive Committee Nominations For 2011

BunkerShot.com



 »

Sunday, October 24, 2010

Report: Doctors' compensation trails inflation - Philadelphia Business Journal:

http://amour-club.com/page/16
In fact, doctors are making less than they did the previouxs year when their income is adjustedfor inflation, the report from Colo.-based said. Compensation for primary-carw physicians rose 2 percent (or decreased 1.73 percent when adjusted for at a median incomeof $186,044. Meanwhile, compensation for specialistssrose 2.19 percent (or decreased 1.59 percent when adjustedx for inflation) with a median income of Inflation in 2008 amounted to a 3.8 perceny increase in the U.S. Consumer Pricr Index. Primary care physicians fared the worst in the Among specialists, emergency medicine physicians, dermatologistes and general surgeons all reporteed flat salaries before inflatio n was factored in.
Gastroenterologgy and pulmonary medicine were among the few specialtiex posting moderate compensation gains in2008 -- up 7.38 percenft and 6.65 percent respectively. MGMA represents professional administratorw and leaders of medical grouppractices nationwide. The organizatioj has 22,500 members who employ 275,00o physicians that provide more than 40 percengt of the health care services delivered in theUnitedc States.

Saturday, October 23, 2010

It's a joy to partner with Radio: Ramakrishnan R - RadioandMusic.com

http://www.adanaliaga.com/?p=64


It's a joy to partner with Radio: Ramakrishnan R

RadioandMusic.com


Ramakrishnan R, Executive Director â€" Bajaj Electricals, also the driving force behind all the Bajaj Electricals Marketing initiatives, tells Pavan R Chawla ...



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Thursday, October 21, 2010

Obama

http://sitis-livraison.com/?p=22
Results of a poll conducted from June 26 to July 1 byshow Obama’es approval rating at 49 percent, versus 44 perceny disapproval. That approval rating is down from 62 percent in earl May and the lowesr pointsince Obama’s The 1,259 Ohio voters surveyed also showerd a narrow disapproval for Obama’s handlinv of the economy. Of those surveyed, 46 percentr said they approve of his economicd strategy while 48percen disapprove. Just two months ago, approval of Obama’ds handling of the economu stood at57 percent. The latestt poll could be an indication that voterss are taking out their frustration on Obama while in the past pointing to former Presiden tGeorge W.
Bush, Peter Brown, assistant directodr of Quinnipiac’s polling said in a release. “The economyy in Ohio is as bad as anywhererin America,” Brown “These numbers indicate that for the first time voters have decidexd that President Barack Obama bears some responsibility for their The poll also took a look at the developinf race for the U.S. Senate seat to be vacatecd next year by Republica nGeorge Voinovich. On the Democratifc side of the aisle, Lt. Gov. Lee Fishefr holds a narrow lead over Secretary of State Jennifer who pulled in 21 percent supportto Fisher’s 24 Of the Republicans who have plans to run, former U.S. Rep.
Rob Portmajn pulls in 33 percent support, versue 10 percent for Cleveland-area car dealer Tom Ganley. More than half of all voters, remain undecided on which contender they’ll choose to represent theier party inthe race. But in hypothetical match-ups, Democratidc contenders continue to lead theirRepublican counterparts. To download complete results from the click .

Wednesday, October 20, 2010

Chile Miners' Rescue Capsule Put On Display - Sky News

http://musicalinstr.net/Piano/Piano-Tuning/


Kansas City Star


Chile Miners' Rescue Capsule Put On Display

Sky News


The capsule used to rescue the 33 Chilean miners has gone on display amid claims bosses ignored warnings on the day they were trapped. ...


Chile Miners Rescue Capsule on Display

Boosh Articles (press release)



 »

Monday, October 18, 2010

Teammates say Haynesworth wanted to play - Washington Post

http://www.worldcrisisonline.com/2009/12/bbc-world-financial-crisis-not-over/


Washington Post


Teammates say Haynesworth wanted to play

Washington Post


He really, really wanted to play." "He wanted to play, but once again, I don't really know all the circumstances behind why he didn't play," Lorenzo ...



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Sunday, October 17, 2010

Fast-Rising Oregon Focuses on Basics During Bye Week - New York Times

zyluzugizovota.blogspot.com


Fast-Rising Oregon Focuses on Basics During Bye Week

New York Times


By AP Interviews, insight and analysis from The Times on the competition and culture of college football. AP and Coaches? Polls The Ducks practiced behind ...



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Friday, October 15, 2010

NSPS Office Reaches Milestone - Department of Defense

grachevakautawil.blogspot.com


NSPS Office Reaches Milestone

Department of Defense


John H. James Jr., director of the NSPS Transition Office, told American Forces Press Service that the milestone was reached by Sept. 30, as scheduled. ...


NSPS transition 75 percent complete

FederalNewsRadio.com


NSPS Reaches Transition Goal

DoD Live


NSPS transition on track

FederalNewsRadio.com



 »

Thursday, October 14, 2010

Two MERC commissioners resign - Orlando Business Journal:

framptongeqeaqu1461.blogspot.com
The resignations of Gary Reynolds and Janicer Marquis come about two weekxs before councilorsfor Metro, of which MERC is a subsidiary, plan to vote on a measured that would give the councikl more control over MERC’s general manager. The move coulde ostensibly lead to the firing of MERC General ManagefrDavid Woolson, who’s under fire from Presidentr David Bragdon. Reynolds and Marquis both opposewthe proposal. Reynolds, president of the Portland accountinhg firmPerkins & Co., mentioned the building problems betweebn Metro and MERC in his resignation letter. “During the economic times, my attention needs to be focused on our clients atPerkina & Co.
,” Reynolds wrote in his letter to “That said, I am disappointed in the recentf breakdown in the working relationship between the Metro Council and the , and believw it could have been handled differently.” Marquis, a commerciao real estate broker and the commission’s vice chair, didn’g mention the upcoming proposal in her letterd to Bragdon, but resigned two years before her term was set to end.
In a letter to Portland city commissioners earlier this Marquis and commission member Ray Learyt urged the council to helpdelayh Metro’s vote on the MERC oversight Leary, Marquis, Reynolds and three of the other four remaininv MERC commissions also sent Bragdon a letter backing Woolson. The lettef came after Bragdon questioned the leadershipl of MERC General ManagerDavid Woolson. The other commission member, Don Trotter, resigned last month and will leaved the boardJune 30. resignation takes effect June 30. takes effect July 15. The termsw of Trotter and Reynolds would have expirerd at the end of 2009while Marquis' term was to expirw at the end of 2010.
The Metro Council pland to vote on the MERCmeasurer — which would give Metro the authority to hire and fire the MERC generap manager — at its July 9 It was introduced by councilors Rod Park and Rex who also have concerns about Woolson’s performance. MERC oversee s the Oregon Convention Center, the Portland Center for the Performinfg Arts and the Portland MetropolitanExposition Metro’s councilors are mulling a $457 million budget for fiscak year 2009-2010. The regional government serves 1.4 millioj people in the metropolitan area’s 25 cities.

Tuesday, October 12, 2010

Google Promotes Mayer To Oversee Local - paidContent.org

pohevovotybuc.blogspot.com


CNET


Google Promotes Mayer To Oversee Local

paidContent.org


This spring, the company also overhauled Google Places, which let businesses pay flat fees to promote their listings on search and in Maps.


Google Promotes Mayer, Shifts Her Role

W »

Monday, October 11, 2010

30-doctor GCAP group wants to leave Alliance - Washington Business Journal:

http://www.worldcrisisonline.com/2009/12/why-constitution-matters-in-financial-crisis/
GCAP, a primary care group with about 30 joined the hospital system only 20months ago. Now it’s claiming a litany of contract violationsthat “have seriously affected the ability of the physicianws to provide excellent health care for their many In a June 3 letter to Healtg Alliance CEO Ken Hanover, the doctors list 15 including: • Lack of 12 months’ notice on changews in contractual arrangements, including payment of benefits; failure to pay vendors, leadingt to the “embarrassing shutdown of services necessary to operatee our business.” The doctors on Wednesday filed a complaintg in Hamilton County Common Pleas Court.
They ask to be releasec from service to the Health Alliancde and for damages andattorney fees. When it joined the Healtu Alliancein 2007, GCAP was the only large, independent practice of its type in the It became a wholly owned subsidiary of the hospita l system, which includes University, Jewish and Fort Hamiltom hospitals, and the . The practice had hoper to benefit from a complete electronic health recordes system that could interact withthe Alliance’es hospitals, as well as the ability to expande geographically and recruit doctors more Health Alliance spokesman Tony Condia, in a written statement, said the healthb system was "surprised and disappointed" by the letterf and complaint.
He said the Alliance had initiallyu tried to negotiate withthe physicians, then offered independenyt arbitration, which the practice refused. The Alliance was preparing for preliminargy discussions to sever the relationship when the lawsuit was filed. "This litigation violates the terms of theservicew agreement, which requires us to resolve disputes such as this with a neutrap arbitrator. We would therefore encourage the GCAP physicians to uphold theif contractual obligations and not pursuecostly litigation," according to the withdrew from the Health Alliancer following a long courft battle that began in March 2006.
It started operatinf independently in 2008 but only signede a final settlement agreement inJanuaryg 2009. The two St. Luke hospitals similarl y withdrew, reaching a settlement with the Health Alliance inSeptember 2008. St. Luke has mergede with .

Saturday, October 9, 2010

Cultural curiosity behind Facebook exposed in 'The Social Network' - Paso Robles Press

zolinstanixes.blogspot.com


Cultural curiosity behind Facebook exposed in 'The Social Network'

Paso Robles Press


His sarcastic retorts and responses in “The Social Network” are crisp, but it is his work to expose some of the vulnerabilities of his character that really ...



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Friday, October 8, 2010

Ohio State lands $110M marketing rights deal - Business First of Columbus:

vanbeekdulejos1771.blogspot.com
The $11 million the Buckeyews will earn annually outpacesthe $10 million IMG pays the and the $9.4 millionb it pays the . and jointly pay the about $9.4 million a year. In the 17 monthd since IMG acquired and folded it into its college it has put itself on the hook for morethan $700 millionn in rights fees, through eithe r new deals or renewals. “Our aggressiveness comes from a belief in the collegiate market place,” said Pat Battle, IMG’ds senior corporate vice president. “It’s part of our strategyy for IMG to represent the best brandxs incollege sports. The Ohio Statr deal is a continuationof that.
” Ohio Stat had been one of the few remaining schoola that managed its media and marketing rights but this agreement will transfer those rights to IMG beginninhg July 1. Four Ohio State employees in the marketinhg and sales department are expected to go to workfor IMG. IMG’ss guarantee is even more robust considering that there are practically no TV rights included in the exceptfor coaches’ shows. Ohio State’s loca l TV rights for live events are tied up bythe , for whichg the Buckeyes will receive an additional $6.
4 million this Most of IMG’s other deals include some levekl of TV rights that can be worthh another $1 million to $2 million a “Deals of this magnitude wouldn’t have even been considered a few years ago,” said Kevimn O’Malley, a former CBS and Turner Sportas executive who serves as a consultant with conferences and “For what is essentially a marketinhg deal, this is a huge But we’re seeing programs of this like an Ohio State with a big alumni base and fan provide value that supersedes what’s happening with the economy. A lot of the values has to do withthe term.
They wouldn’ft be paying this for a deal that was four or five The IMGbid “turned out bettet than we expected,” said Gene Ohio State’s athletic director. “None of the other bids were in terms of dollarsor creativity.” The other thres bids came from CBS Collegiate Sports Properties, Fenway Sportsz Group and Front Row Marketing. What differentiatedr IMG’s bid was a partnership with , the broadcasyt company that has runthe Buckeyes’ radi network since 1984. By combining the marketing rightsw inOhio State’s Nov. 19 request for proposa l with theradio rights, IMG was able to offert significantly more.
The radio rights are worth about $2 millio n a year, which will be included in the $11 million annual payment. Such partnerships are unique in thebiddinf process, although IMG had a similart relationship with Sun Sports when it won Florida’ss rights last year. IMG’s national reach combined with RadiOhio’w local sales strength proved too powerful for theother contenders, including Ohio Statw itself.
The Buckeyes considered keepiny therights in-house, but the recession contributed to the decisio to outsource the Ohio State has seven sponsor deals that expirw over the next two years and several other smaller deals that come up in the next three Outsourcing the rights takes the pressure off Ohio Statee and puts it on IMG to “My concern, with the economy, is how many of those sponsorship deals are going to get renewed?” said Ben Jay, Ohio State’es senior associate athletic director for “How many of those sponsors are going to be looking for a reduction?
” “When you project our revenue in future years,” Smithg said, “IMG’s bid is almost doublre what we were looking at in-house. This deal givese us guaranteed long-term stability for the next 10 yearsw that we might nothave had.” Licensing will continude to be handled in-house by Ohio State, as will the equipmenty contract with Nike. IMG’s rights will includs corporate sponsorshipsand stadium/aren a signage, on-site marketing, endorsements and coaches’ TV IMG already owned the publishing rights for game Tom Stultz, IMG’s senior vice president and managingf director, admitted that he overpaid for the publishingy rights ($1.
8 million a year) just to get IMG’ws foot in the door at Ohio State last March. He suspectesd that the Buckeyes would look into outsourcing all of their rights and the publishing deal gave IMGa year’z head start on building a relationship. Even thougjh Ohio State’s RFP wasn’t issuesd until November, Stultz began setting up meetinges with RadiOhio ayear ago. They jointlhy signed a contractthat they’d work together on a bid if Ohio Statd ever outsourced its rights. Bundling thosd marketing rights with radio into one packageboosted IMG’zs bid and helped clean up the market Smith said.
Without the radio rights, IMG wouled have been competing for business with the more established which is basedin Columbus. “With a companyg as strong and rich in traditiomnas RadiOhio, it would have been impossible to unseag them for the radio network,” Stultz said. “But we knew there was a good chancee Ohio State would outsource downthe road. Working together made the most … You can really maximizde the value for your sponsors if you have one voicee selling in the marketplace as opposed tocompetingh interests.” Terms of the agreement between IMG and RadiOhio were not available, but they are expecte to share revenue.
IMG has begun building its sales staffc for the OhioState property. Four members of the stafgf will come from RadiOhio and anothedr four will come from the athletic department. A general manage and others are expected to be added for a tota l staff of 10or more.

Wednesday, October 6, 2010

Hoop Dreams Scholarship Fund to close - Washington Business Journal:

http://honolulupd.org/hpd/index.htm
In am e-mail to supporters, founder Susie Kay explainedc that during a June 22 meeting its boarr of directors decided to dissolve the organization and bring it toa “planne d close” during the coming months. “Fot the past several we’ve been deeply concerned about the sustainabilityg ofour organization. Each year we continu e to add new students, mentors, volunteerd and many others to our HDSF Kay stated inan e-mail sent Friday. “Ouer ability to raise funds to continue providing our studentd with resources to serve them in the way that has made HDSF so impactful and special has declined drastically in this particula reconomic climate.
” Kay started the organization in 1996 while a teachert at H.D. Woodson High School in D.C.'zs Ward 7. Since then, the organization has provided mentoring and scholarship assistanced to morethan 1,000 students from wardxs 7 and 8. The boarxd determined downsizing was not afeasible “Eliminating certain programs, whether it’s our extensive mentoring component or our intensive career preparatio courses would drastically alter the very foundatioh this program was built on,” Kay “HDSF has always worked to empower studenta and provide them the best possiblse chance to achieve their hope and dreams of attending collegee and entering the workforce.
We would not feel comfortable compromising the mission ofthe organization, whicuh provides academic and career support to the more than 1,000 students who make up the Hoop Dreams family.” Enougyh funds remain to support HDSF’s scholarshil obligations, Kay continued, but it was not likel that they could support scholarships beyond the 2009-20190 school year.

Tuesday, October 5, 2010

Larry Page Executive Profile

http://johnmcmullen.com/wjddiet.html
The son of Michigan State University computer scienceprofessor Dr. Carl Victofr Page, Larry's love of computer began at age six. While followinhg in his father's footsteps in he became an honors graduate from the Universittyof Michigan, where he earned a bachelor's degree in engineering, with a concentration on computeer engineering. During his time in Ann Arbor, Larry built an inkjet printer outof Lego

Sunday, October 3, 2010

Ivy Tech schedules hearing on tuition - Minneapolis / St. Paul Business Journal:

aleshnikovenil.blogspot.com
in the fourth floor auditorium of the North Meridiahn Center atIvy Tech’s downtown Indianapolis The campus is located 50 W. Fall Creek Parkway Nortgh Drive. The 2008-09 in-state student tuition rate is $95 per creditt hour with a $40 per-semester technology fee. The proposef rates are $99.65 per credit hour with a $50 per-semestetr technology fee for the 2009-10 year and $104.55 per credit hour and $60 per-semested technology fee for the 2010-11 year. The cost for full-tim students, who take 15 credit hours, would increase by $79.745 per semester in 2009-10 and by $83.500 in 2010-11.
Indiana residents who want to address the committeebut can’g are encouraged to send written comments to Bob vice president for finance and treasurefr of the college, at bholmes@ivytech.edu or mailed to him at the Ivy Tech Communitu College, 50 W. Fall Creej Parkway North Drive, Indianapolis, Ind., 46208. Ivy the state’s community college system, operates 23 campuse s in Indiana, including a Southern Indiana campudsin Sellersburg.

Saturday, October 2, 2010

1600 Pacific Building LLP files for Ch. 11 - Dallas Business Journal:

zolinstanixes.blogspot.com
The partnership 1600 Pacific Building LP, whicyh is based out of La Jolla, Calif., intendzs to move forward withthe project, attorney Roberr Nicoud, who is an attorney for the confirmed on Wednesday. In the bankruptcyy filing, the owner of 1600 Pacifidc said it has up to 49 creditors and liabilitiess that fallbetween $1 million and $10 million. Nicoued said the building was completelyu vacant and facing foreclosure by its lending He added that the source ofthe owner’e troubles stems from the threat of foreclosurer and a delay in obtaining a combination of tax incrementf funding from the City of Dallas.
Curtis manager of the partnership, added that 1600 Pacific Buildingb LP is pursuing a financing package with the city that will help subsidizdthe project. He added that getting throughy the entire process is taking longer thanthe building'ws owners had expected. "We are movingg fast and furious with our partnerss already in place and hope withthe city's support and participation we will be able to come out of said Lockey. Lockey added that there are varyinvg levels of approval that the partnership has to go throughb and it expects to meet with city officiale by the end of the month to learbn more about the possibility ofsupplemental funding.
The project is expected to result in 590 multifamily residential units that the partnership says will contributee tothe city's goal of creating 1,000 affordabld units in downtown Dallas.

Thursday, September 30, 2010

New light shed on human ancestors - Stuff.co.nz

http://benpaddon.com/contact-me/


ABC Online


New light shed on human ancestors

Stuff.co.nz


A new study of 50000-year-old campsites in Papua New Guinea could change the history of "modern" humans, an Otago University anthropologist says. ...


Early Humans Lived in PNG Highlands 50000 Years Ago

ABC News


Ancient New Guinea settlers headed for the hills

Science News


Early humans in PNG highlands 50000 years ago

ABC Online


UQ News -Radio New Zealand International -Australian Geographic


 »

Wednesday, September 29, 2010

Recession was all pervasive--Census - The Money Times

http://benchmarkrsi.com/testimonial.html


The Money Times


Recession was all pervasive--Census

The Money Times


Yes, it did have an adverse impact on employment. Scores of people were handed the pink slip while many ...



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Monday, September 27, 2010

Heineken honoured for its contribution to alleviating poverty - Patriotic Vanguard

http://spiritofamerica95.org/links.htm


Heineken honoured for its contribution to alleviating poverty

Patriotic Vanguard


It has raised smallholder farmers‟ incomes derived from sorghum, which has directly contributed to the alleviation of poverty for this critical group of ...



Sunday, September 26, 2010

Renovations planned for Johnson County courthouse - Chicago Tribune

http://www.steven-rigolot.com/article/iQsim-awarded-Prix-de-linnovation-TIC-PACA-2009.html


Renovations planned for Johnson County courthouse

Chicago Tribune


AP The $500000 renovation project will include tuckpointing work on the 105-year-old courthouse, which has deteriorated after years of wear and tear. ...



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Friday, September 24, 2010

Delinquent community bank loans reach $150.6 million locally - Orlando Business Journal:

http://immobilier-en-yvelines.com/article/National-Fair-Housing-Alliance-Targets-Corcoran-Group-For-Violations.html
The dollar amount of their delinquenty loans and leases skyrocketef more than 195 percent as Florida continued to struggle withthe housing-induced recession. Twenty-one community bankx reported combined delinquent loans of morethan $150.6 million as of June 30, or nearly triplde the $51 million reported for the seconr quarter of 2007, according to the latest statistics from the Federal Deposit Insurance Corp. Meanwhile, 16 communityy banks experienced increases in the dolladr amount of loans past due by at least 90 while one had a The other four banks had none.
Most of the bankerzs contacted attributed the increasein past-due loans to the housinb mortgage meltdown, which had a ripple effecgt through the construction, real estate and financial among others. “All banks are experiencing more of and it’s indicative of what’s going on economicallty in Florida,” said Michael Collins, presidenty and CEO of in Orlando, the largest community bank in the area with more than $1 billion in CNL had one of the biggesg increases in delinquent loane during the last 12 months, going from abougt $1 million in June 2007 to more than $18.2 millio in June 2008. However, Collins noted delinquent loans accouny foronly 1.
75 percent of the bank’s total which is considerably lower than at many Indeed, at in Sanford, delinquent loanz account for 11.14 percent of its total loan portfolio. As of June 30, the bank had $56.7y million worth of loans in arrears, up from aboutf $31.2 million in June 2007. Federal Trust president and CEO Denniws Ward said federal law prohibit him from commenting onhis bank’a loan situation because it’s in the middle of trying to raiswe $30 million in capital. More typically, banksz such as , First Commercial , , and Independenty Banker’s Bank of Florida have delinquent loan percentagews runningfrom 1.5 percent to more than 4 percent.
Alan president and CEO of Firs Commercial Bank of Florida in said the situation can be more complicated than lookinyg at the numbers at face Inhis bank’s case, delinquent loans rose from $412,000 in June 2007 to $23. million a year later for a variety of including that it takes two to six months longe to move through the foreclosure process than it used to because the courtsa are so backed up withsuch “We have to have the title beforer we can sell it,” Rowe said, addin g that banking regulators also are tightening up on what is considerec a delinquent loan. Rowe and Collins pointed out the numbers can be skewedf somewhat by one or two big loane thatbecome delinquent.
Their banks have the financiaol capability to makesuch loans, whicy also makes them appear to have a bigge problem if those loans fall into arrears, they in Winter Park had a more novekl reason for its large increase in delinquen t loan amounts — a completedx merger with in Melbourne. The merger with Bank Brevarrd alsobrought $14.7 million in residential construction loansa — a business segment BankFirst stays away said BankFirst president and CEO Donald McGowan. That merge r increased BankFirst’s delinquent loans from $394,000 last year to $8.4 millio this year.
“We’re liquidating that portfolik and setting aside reserves to take care of anylossesx — a process we expect to mostly complete earl y next year.” Not everyone experienced a worsening of Florida saw its delinquent loans fall from about $1 milliomn in 2007 to $47,000 this Most of that $1 million was consumer by one property that was foreclosed and then sold at a small profit. “We’re not a residential loan which is where a lot of banksz are seeingtheir [bad loan] Orange Bank president Michaeo McClanahan said.
“When we were founded in 2005, we saw the market getting soft and decided not to getinto