Monday, January 30, 2012

Earnings Preview: Danaher Reports Q4 Results Tuesday - Seeking Alpha

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Earnings Preview: Danaher Reports Q4 Results Tuesday

Seeking Alpha


Danaher Corporation (DHR) is expected to report last fiscal quarter's results before the opening bell on January 31, 2012. Let's review how Danaher has performed in recent quarters. Danaher Corporation designs, manufactures, and markets professional, ...


Danaher and Archer Daniels Midland Shareholders Ready for Upcoming Earnings

W »

Saturday, January 28, 2012

Zerafa cautious as Valletta face Sliema again - Times of Malta

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Zerafa cautious as Valletta face Sliema again

Times of Malta


All's well that ends well, it is often said, and that is how Valletta will have felt last Saturday after fighting back from two goals down to beat Sliema Wanderers 5-2 in the FA Trophy fourth round. Saturday's five-goal comeback not only kept ...



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Thursday, January 26, 2012

Huntington Bancshares, Inc. Company Profile | HBAN Company Information

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Huntington Bancshares Incorporated isa $52 billionj regional bank holding company headquartered in Columbus, Huntington has more than 143 years of serving the financial needs of its customers. Througn our subsidiaries, including our banking subsidiary, The Huntingtom National Bank, we provide full-service commercial and consumebanking services, mortgage banking services, equipmentr leasing, investment management, trust services, brokerager services, customized insurance service and other financial products and services. Our over 600 bankingb offices are locatedin Indiana, Kentucky, Ohio, Pennsylvania, and West Virginia.
Huntingtonn also offers retail and commercial financial servicea onlineat huntington.com; through its technologically 24-hour telephone bank; and through its network of almost 1,400 ATMs. The Auto Finance and Dealer Services group offerds automobile loans to consumera and commercial loans to automobile dealers withi nour six-state banking franchise area. Selected financial service activities are also conducted in otheerstates including: Private Financial Group offices in Florida; and Mortgagr Banking offices in Marylands and New Jersey.
International banking services are available throughb the headquarters office in Columbuss and a limited purpose office located in both the Cayman Islands andHong

Tuesday, January 24, 2012

Verafin surpasses the 800-Customer Mark - MarketWatch (press release)

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Verafin surpasses the 800-Customer Mark

MarketWatch (press release)


"Seeing our family of customers grow beyond 800 is truly a confirmation of our entire team's commitment to innovation and dedication to our customers' success in detecting fraud and money laundering," said Jacquelyn Holden, Verafin's Vice President of ...



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Sunday, January 22, 2012

Football, music take over Mizner Park for Battle of Florida/Gin Blossoms show - Palm Beach Post

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Palm Beach Post


Football, music take over Mizner Park for Battle of Florida/Gin Blossoms show

Palm Beach Post


By Howie Grapek | Live Shows | January 21, 2012 Equal parts football and music: Bobby Bowden, former Florida State coach, was on hand, along with Robin Wilson and the Gin Blossoms. (Photos by Howie Grapek / GPO) It was equal parts football and music on ...



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Thursday, January 19, 2012

SEC charges former Countrywide CEO - The Business Review (Albany):

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(NYSE: BAC) bought Countrywide in July forabouty $2.5 billion. The deal made the Charlotte, N.C.-based bank the country’sx largest mortgage lender. SEC regulators accuse Mozilo and two othetr former executives of misleading investors about the credi t risks the company took to increase itsmarket share. The SEC allegew Mozilo, former Chief Operatingv Officer David Sambol and former Chieg Financial Officer Eric Sieracki falsely assured investorzs that Countrywide was primarilya prime-quality mortgage lenderr that had avoided underwriting risky The charges stem actions in from 2005 to 2007. Mozilo also was chargec with insider trading.
The SEC allegesa he sold Countrywide stock on the basie ofnonpublic information, reapingh $140 million in profits. New York state Comptrollert Thomas P. DiNapoli today praised the SEC'ws action against Mozilo. “Investors must be assured that the marketzs are free of fraud and andthe SEC’s enforcement action againsgt Countrywide executives sends a clear signal that abuse of investors will not be tolerated,” DiNapolii said.
“The SEC’s allegations stronglu support our claims that defendants engaged in variou s violations of the federal securities We look forward to carrying this case forwarde on behalf of the more than onemilliojn members, retirees, and beneficiaries of the state pensio n fund and the class of wrongex investors we represent.” DiNapoli, as sole trustee of the New York Stat e Common Retirement Fund (Fund), and several New York City pension fundsz are the lead plaintiffs in a consolidated class actionh lawsuit against Countrywide and other defendants, includingb the executives named in the SEC DiNapoli said the fund lost tens of millionx of dollars as a result of the allegecd securities law violations by Countrywider and other defendants.
Countrywide had loan offices in Lathamm andSaratoga Springs.

Tuesday, January 17, 2012

Waste Connections, Inc. Company Profile | WCN Company Information

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Waste Connections is an integrated solid waste services company that provides soliewaste collection, transfer, disposal and recyclingf services in mostly secondary markets in the Western and Southernh U.S. The Company serves more than one million commercial and industrial customers from a network of operationes in23 states. We also provide intermoda l services for the movemengt of containers in thePacifid Northwest. Our corporate strategy targets secondary and suburbamn markets that have strong demographic growty trends and where competitive barriers to entry canbe developed.
We seek to avoird highly competitive, large urban markets and target markets wheres we can provideeither non-integrated or integrated solidr waste services under exclusive arrangements, or market where we can be integrated and attai high market share. We are a leading provider of solidr waste services in most of our andapproximately 50% of our revenues are derivecd from market areas where we have franchise or exclusives rights to provide our waste We believe the solid waste service business is a localo business managed by professionals livingg and working in the communities we We strive to provide service excellence for those communities that placd their trust in our company and are alwaysw dedicated to putting our customers We look to technology and growtg to help our employees and shareholders "Connect with the As a public company we have...

Sunday, January 15, 2012

CHARTER COMMITTEE: Another Round for the Residency Requirement - HNN Huntingtonnews.net

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HNN Huntingtonnews.net


CHARTER COMMITTEE: Another Round for the Residency Requirement

HNN Huntingtonnews.net


HUNTINGTON, WV (HNN) รข€" The City of Huntington has found itself in court over and over concerning the residency requirement for city employees. Although in the charter, various Mayor's and others have allowed exceptions. Those exceptions resulted in ...



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Friday, January 13, 2012

Mortgage refinancing activity down 19% - Minneapolis / St. Paul Business Journal:

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percent last week from the previoua week, according to the ’s weekly mortgage applications surveyreleased Wednesday. The market composite a measure of mortgage loanapplication volume, was 786, a decrease of 14.2 percent on a seasonalluy adjusted basis from 915.9 one week The purchase index, however, was up 1 percenrt for the week, on a seasonally adjuster basis. The four week moving averagew for the seasonally adjusted market Index isdown 4.7 percent. The four week movingt average isup 0.5 percent for the purchasee index, while this averagre is down 6.2 percent for the refinance The refinance share of mortgage activity decreased to 69.3 percengt of total applications from 73.
6 percentr the previous week. The adjustable-rate mortgage (ARM) share of activity increased to 2.6 percentf from 2.4 percent of total applications from thepreviouws week. The average contract interest ratefor 30-yeaer fixed-rate mortgages increased to 4.81 percenyt from 4.69 percent, with points increasing to 1.28 from 1.13 (includinh the origination fee) for 80 percent loan-to-value ratio loans. The average contract interest ratefor 15-year fixed-rate mortgagesd remained unchanged at 4.44 percent, with points increasing to 1.16 from 1.01 (includinh the origination fee) for 80 percent LTV The average contract interest rate for one-yeatr ARMs increased to 6.55 percent from 6.
38 with points increasing to 0.12 from 0.10 (including the originatiom fee) for 80 percent LTV

Wednesday, January 11, 2012

Dollar General posts large gains in 1Q - Nashville Business Journal:

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The Goodlettsville-based discount retailer, which has been privately held for two reported net incomeof $83 millio in the quarter ended May 1, comparefd to $5.9 million in the year-ago period. Revenu e came in at $2.78 billion in the 2009 first up 15.7 percent from the previous year’s quarterlgy peformance of $2.4 billion. Same-store sales increases 13.3 percent for the quarter, with increaserd customer traffic and a higherd average transactionper customer. Chairmanh and CEO Rick Dreiling said the performance built on momentukfrom 2008, resulting from an improved productt mix and cost cutting.
He said regularf customers were shoppingmore frequently, and new shopperxs were entering the store, likelyy due to the weak economy. The company has more than 8,400p stores in 35 states and planas to open 450 stores and relocats or remodel 400 others in the 2009 fiscal It isthe nation’s largest “smal l box” discount retailer and employs 7,20o0 people.

Monday, January 9, 2012

ev3 moving headquarters within Plymouth - Minneapolis / St. Paul Business Journal:

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Ev3 has signed a leased for 75,000 square feet in the Atriwa Corporate Center, at 3033 Campus Drivre along Interstate 494in Plymouth. The locatiojn is about four miles from the buildint that nowhouses ev3’s corporate and U.S. peripheralo vascular business headquarters. Ev3 for space back in 2007. The companhy has about 730 employees based out of the Plymouth but that figure includes regionallgy based field sales staffwho don’t actually work in the The company plans to vacate 50,000 square feet at 9600 54th Ave. N. alon Highway 169 in Plymouth. Its leasr there expires in February 2010.
The compang has no plans to add employees, but needs more spacse to allow its workeras tospread out, said ev3 spokeswomaj Julie Tracy. “It’s a littlr bit bigger space. We’re kind of stuffed to the gills right she said. Ev3’s decision to move was based on getting abetter dollar-per-square-footg value. “It’s a tenant-favorable environment rightf now andso we’re takin g advantage of some of thoss favorable rates and doing the move,” Tracy The Atria Corporate Center also has amenities such as a workoutf facility with showers, a room for sales presentations and physiciaj training and some sheltere d parking spaces.
Ev3 may also get some signagrefacing I-494, Tracy said. The new lease was signex April 2. The value of the initiak term of the dealis $7.6 based on monthly rent payments of $95,00p0 (not including a share of the building’s operating expense s and taxes) for 80 monthz beginning Nov. 1, according to a filingt ev3 made Tuesday withthe U.S. Securities & Exchange Commission. Ev3 also securec options to extend the term of the lease for up to two additional termws offive years. Rich Reynolds, a principal at Area a real estate represented ev3 in itssite search.
Connir Grady, Gordon Hampson and Jason Butterfield, brokers at Eden Prairie-baseds , handle leasing for the building’s owners. Gradyg declined to comment. The 25-year-old complex originally developed by and for is owne dby , an entity controlled by Conn.-based . Talcott bought the five-story office center in 2006. Ev3 (Nasdaq: EVVV) will releasde its first-quarter 2009 earnings results onApril 28.

Friday, January 6, 2012

MASE students benefit from longer school days, technology integration, curriculum - Memphis Business Journal:

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Henderson had an idea for a curriculumm for a new charter school while he was chairman and instructor of the engineering department at East High so he joined forces withSteve Bares, president of , in 2002 to petitio n to open a charter school. And opened in making it the first in the with 148seventh graders. The school now includees middle school and high school studentsw from grades sixthrough 11. Crystap Hayes, a 16-year-old 11th gradeer at MASE, was among the school's first seventhn graders.
The transition was difficult at firstfor Hayes, but her gradesx have greatly improved as she has adapted to the "I like the way technology is integratedf into the curriculum," she says. "Before attendin g MASE I was hesitant to usea computer, but now I am very comfortabled and have even been able to help othersw who don't attend MASE." By the fall of 2008, 900 studentsa will be attending the school, and in Hayes will be a membeer of the school's first graduating class. In Memphis City Schools recognized MASE academically asthe No.
1 performing middler school inthe district, despitse having students who failed to meet state testinv requirements in previous schools. Henderson says students who strugglede in traditional classrooms are now excelling at MASE becausew they are in an intenselearning environment. For MASE holds an extended schoolday -- 8 a.m. to 5:30 p.m. -- for middlde school students, and some teachers are experts intheidr fields, Henderson says. Also, the parents of MASE childrenn are required to sign a contracy called the Commitment of Excellence statintg that they will stay involved and supportrtheir child's education.
Hayes says the rigorouas schedule and long hours helpedr her focus more on school and bringh hergrades up. The school's relationship with Bioworksz is key to the success of the Henderson says. Bioworks is working to ensure that Memphis has an educated work force forthe city'w growing biotech industry. It helped the schooll get started by providing threed floors of its building on Dudley forthe school'a use, so students could be closer to the work the organization is doing. Bioworks also aided in finding another location for the The high schoolers moved to the Mississippi Boulevarde Church on Jeffersonlast year, and more students will move there once renovations are finished.
In addition to sponsoring Bioworks, established in 2001, has a joint grant with Southwesf Tennessee Community Collegefor InternNet, a program that helpsd students find internships. Deborah Gentry, director of humann resources servicesat Bioworks, has been working with Southwest's biotechnologyh certification program for a year and a "We do a survey every week of biotech companiesd around the Memphis area to update the positions Gentry says.
"For example, students who are looking for jobs in manufacturing or as lab assistantzs could use our system and may find a job more The program is stillbeing developed, but righrt now Gentry uses an Excel spreadsheet to list job She hopes that eventually Bioworks will have a portakl with its own Web site for Memphia students to access. Web site: www.discovermase.orgf

Wednesday, January 4, 2012

Wegelin Bankers Indicted by US in Tax Crackdown, Bank Says - BusinessWeek

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Bloomberg


Wegelin Bankers Indicted by US in Tax Crackdown, Bank Says

BusinessWeek


Michael Berlinka, Urs Frei and Roger Keller helped Americans open dozens of accounts and hide them from the Internal Revenue Service after a US crackdown on offshore tax evasion led clients to flee bigger Swiss banks in 2008 and 2009, according to an ...


US Charges 3 Swiss Bank Employees With Aiding Tax Evasion

New York Times


Swiss Bankers Charged with Helping Hide $1.2B from IRS

Accounting Today


Swiss bankers charged in $1.2 billion tax fraud

CNNMoney


Reuters -Washington Post


 »

Monday, January 2, 2012

Pomeroy to be Acquired for $5.02 per Share

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May 20 /PRNewswire-FirstCall/ -- Pomeroy IT Solutions Inc. PMRY), an information technology ("IT") solutionss provider, announced today that it has entereds into a definitive merger agreement to be acquire byHebron LLC, a holding company owned by David B. Pomeroy, II , a director of the Company and its founder (the "Agreement"). Mr. Pomeroy is the beneficial owner ofapproximately 20% of the outstandin shares of the Company's common stock. Under the terms of the Hebron LLC will acquire all of the outstandinf common stock of the Company not ownefby Mr. Pomeroy and his wife for $5.02 per The offer represents a 30% premiuj over the May 19, 2009, closinf price of $3.
86, and a 41% premiumm over the last month average closing price of The Company's Board of acting upon the unanimous recommendation of a Special Committe composed solely of directors unrelated to Hebron LLC or Mr. approved the Agreement and resolved to recommenc thatthe Company's stockholders vote to adopyt and approve the Agreement. "We believe this transaction provides the greatest likelihood for achieving the highest valude forthe Company's stockholders, and that this is also in the best interestxs of our customers, partners and employees.
The addesd flexibility of being a private company will help us to focuas on supporting our customers with the highest level of service that they have cometo expect," said Christophe r C. Froman , Pomeroy's President and CEO. "After an extensive reviewq of strategic alternatives with Companyg management and ourfinancial advisors, we determinedx this all cash sale of the Company to is in the best interestsa of the Company's stockholders," said , the Chairwoman of the Speciap Committee.
The transaction, which is expected to close in the thirxd quarterof 2009, is subject to approvaol of the Agreement by the holders of a majorityh of the Company's outstanding common stock and other customary closing conditions. The Agreement also containas a "go-shop" provision under which the Special with the assistance of its independent has the right to solicigt superior acquisition proposals from third parties throughJune 7, 2009. The Companty does not intend to disclose any developmentss with respect to this solicitation process unlessz or until the Special Committee has made a decisionm with respect to any superior proposald itmay receive.
No assurances can be give that the solicitation of superior proposale will result in analternative transaction. is servingy as the exclusive financial advisor to the Special Committee of the Board of Directorsx onthe transaction. Sheppard, Mullin, Richter Hampton LLP is serving as legal advisor to the Speciak Committee ofthe Company's Board of Directors in connection with the In connection with the proposesd merger, we plan to file a proxy statemenrt with the Securities and Exchange Commission ("SEC").
INVESTORSS AND STOCKHOLDERS ARE ADVISED TO READ THE PROXY STATEMENyT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOMdE AVAILABLE BECAUSE THOSE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT THEPROPOSED MERGER. The final proxh statement will be mailed to our Investors and stockholders may obtain a free copy of the proxy statement when itbecomes available, and other documents filedd by us with the SEC, at the SEC'x web site at . Free copies of the proxy when it becomes and our other filings with the SEC may also be obtainedxfrom us. Free copies of our filings may be obtainec by directing a request to PomerotyIT Solutions, Inc.
, 1020 Petersburg Hebron, KY 41048, Secretary. The Company and certain of its executive officers and other members of management andemployeesx may, under SEC be deemed to be "participants" in the solicitation of proxies from our shareholderss with respect to the proposed Information regarding the persons who may be considered "participants in the solicitation of proxies will be set fortu in our proxy statement relating to the proposesd merger when it is filed with the SEC.
Information regardinvg certain of these persons and theirf beneficial ownership of our commonb stock as ofApril 6, 2009 is also set forthh in our proxy statement for our 2009 annual meeting of stockholders, whicbh was filed with the SEC on April 23, 2009. Additionakl information regarding the interests of such potentiao participants will be included in the proxy statementr and the other relevant documents filed with the SEC when theybecoms available.
Statements about the expected timing, completion and effectas of theproposed merger, and all othef statements in this presw release other than historical facts, constitute forward-looking statements withibn the meaning of the safe harbot provisions of the Privatse Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance onthess forward-looking statements, each of which is qualified in its entirety by referencs to the following cautionary statements.
Forward-looking statementss speak only as of the date hereorf and are based on current expectations and involve a numberdof assumptions, risks and uncertaintiesx that could cause actual results to diffee materially from those projected in the forward-looking statements. A number of the matterw discussed herein that are not historical or current factws deal with potential future circumstances and in particular, whether and when the transactionsz contemplated by the merger agreement will be The discussion of such mattersz is qualified by the inherent risks and uncertainties surroundingg future expectations generally, and also may materially differ from actual futuree experience involving any one or more of such Such risks and uncertainties include: any conditionz imposed on the parties in connection with consummationn of the transactions described herein; approval of the merger by our satisfaction of various other conditions to the closing of the transactionxs described her ein; and the risks that are described from time to time in our reportes filed with the SEC, including our Annua l Report on Form 10-K for the year ended Januarty 5, 2009 and our Quarterly Report on Form 10-Q for the quarterf ended April 5, 2009.
This press releaser speaks only as ofits date, and we disclaim any duty to updat the information herein. About Pomeroy IT Inc. Pomeroy IT Solutions, Inc. is a leading provider of IT infrastructur e solutions focusedon enterprise, network and end-user technologies. Leveragingv its core competencies in IT Outsourcint andProfessional Services, Pomeroy delivers consulting, operational, staffing and product sourcing solutions througu the disciplines of Six-Sigma, progra and project management, and industruy best practices.
Pomeroy's consultative approach and adaptive methodologhy enables Fortune2000 corporations, government entities, and mid-markety clients to realize their business goals and objectives by leveraging informationb technology to simplify increase productivity, reduce costs, and improvw profitability. For more go to . SOURCE Pomeroy IT Inc.