Wednesday, May 30, 2012

Ferrellgas profit dips, sales drop - Kansas City Business Journal:

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In a filing with the Securities and Exchange Commissionm after the market closedon Friday, the Overlandd Park-based propane retailer FGP) reported earnings available to common shareholderw of $32.5 million, or 48 centd a share, for the quarter. This comparez with earnings of $34.8 million, or 55 centd a share, for the same period last Revenue for the quarterwas $561.1 million, down from $712.12 million last year. Ferrellgas said in the SEC filingy that lower propane prices contributefd tothe quarter’s lower revenue. The company said it sold 239.2 milliom gallons of propane duringthe quarter, down 5 perceng from 252.1 million gallons in the same quartefr last year.
Retail sales volumes decreasex mainly because of temperatures that were 5 percent warmer than last year and customerd conservation related to theweak economy, the compan y said. Ferrellgas ranks No. 10 on the Kansaes City BusinessJournal ’s list of area publix companies.

Tuesday, May 29, 2012

'Downtown' liquor zone flows to Crossroads, 18th & Vine - Kansas City Business Journal:

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The and the would be includeds in the zone in proposed rules circulating City Hall that woulfd allowany bar-and-restaurant group west of Cleveland north of Linwood Boulevard and south of the Missouri Riverr to apply for an "entertainment district" liquodr license. The rules are intended to makethe city's alcohol ordinance conform with a change in statw law that takes effect Aug. 28. The boundaries were set when the city decidec where to apply the benefits of the 2003 Missouri Downtowbn and Rural EconomicStimulus Act, known as Modesa.
"Eacn license would have its own boundaries within the Modesa saidJudy Hadley, manager of the city'z Division of Regulated Modesa was passed to help financse redevelopment of about seven blocks between the conventiomn center and the proposed Sprint Center arenaa within the downtown freeway loop. The 2005 Missourui General Assembly amended the law to createea $300 liquor license allowing entertainment districts within Modesa boundaries to sell alcohol from portablse bars in outdoor "common areas" during schedulede festivals. Drinkers will be able to carry beveragee between restaurants and bars withij theoutdoor district, a luxury not afforded by currentr liquor rules.
Missy Wilson, vice president of the , said the boundarie s were set following research that turnecd up an 1893 definition ofthe "central business district" that stretched east to Cleveland Avenue, 3.75 miled from the state line. She said state officiala have not objected tothe city's Modesa boundaries, whic h include a loop north of the rivee that takes in the . Modesas required that the boundariesencompass "the historic core locally known as the city's downtowjn area" but let City Hall draw the map. The boundariews please David Whalen, president and CEO of the "We'rre an entertainment district, a visible entertainmentr district," Whalen said.
"This just adds to the good He said the annualRhythkm & Ribs Jazz Festival and an annual pub crawlp would benefit from a districtwidse liquor license covering the three blockx of the jazz district. Meanwhile, art galleries in the Crossroads Arts Districyt are preparing to stop serving free wine during First Fridays, beginning Aug. 5. "We are not goingb to renew that liquor license just simply because we cannot afford to giveit away," said Suzie Aron, presidentf of the . But the Crossroads may gain the optioh of selling booze on the streets if its restaurants decide to seek adistrictwidd license.
"That would really be a questiomn more for our restaurants than for our Aron said. As the monthly First Fridays open house has becom e too popular for galleries to continue dispensingfree wine, the galleriess have learned that they needn't offer booze to draw a she said. "We were thrilled that peopl have come forthe art," she "It's not about going to get a free Outside the growing boundaries of Downtown is the .
Executivs Director Tom Brenneis has protested thatthe 171-year-old town site and decades-oled bar district will be ineligible for the liquofr license reserved for what statee law calls "the historic core locally known as the city'ss downtown area." Brenneis registered his complaintt in a letter to Mayor Kay Barnesd on July 21, saying, "Westport is the most historiv area of our city and has provesd to be a cornerstone of commercse within the community.
"

Sunday, May 27, 2012

MN banks

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The median tier 1 leverage which determines how well a bank canwithstanxd losses, was 9.06 percent for Minnesota’s 430 banks. That’s fallen from 9.17 percentf in the fourth quarter of 2008and 9.39 percenyt in the first quarter of last but well above the 5 percen t regulators typically require for a well-capitalized Minnesota’s banks have continued to protect theidr liquidity through the economic downturn. The mediahn percentage of loans to assets at Minnesots banksis 71.5 about the same level they had in 2007. Liquidityg and capitalization ratios are important in keeping banks healthgy and able towithstand losses.
Assety quality has continued to deteriorate, as banks continue to work troubled real estat e loans through their The median percentageof past-due and nonaccrualk loans out of total loan portfolios was 3.86 percent, up from 3.5 percentt in the fourth quarte r of 2008 and 2.93 percent in the first quartet of last year. Nonaccrual loans are ones that are at leastg 90 days overdue and have stopped earning interest forthe bank. The percentage of net loan lossez to total loans for the first quarterwas 0.1 better than the 0.32 percent in the fourth quarter of 2008, but up from 0.02 percent in the first quarter of 2008.

Saturday, May 26, 2012

CORRECT (5/24): Citadel Trading Exec Leaving; Facebook Loss Seen Up To $35M - Wall Street Journal

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ValueWalk


CORRECT (5/24): Citadel Trading Exec Leaving; Facebook Loss Seen Up To $35M

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Thursday, May 24, 2012

AAA: Tennessee gas averaging $2.34 per gallon - Memphis Business Journal:

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The retail price of a gallon of gas rose 4 cent s in the past week in AAA South puts the Tennesseew average gallon of gasat $2.33o9 now. That’s more than the $2.292 motorists paid a week ago and well aboverthe $1.910 they paid on averagse last month. However, it is much lowee than the $3.832 gas customers paid this time last Florida and Georgia prices rose by 6 cents in thepast "The current retail price trendx has been pushed by refinery reductions, crude and wholesale price but not by consumer demand,” Gregf Laskoski, managing director of publixc relations for AAA South, said in a statement.
“On May 1, the nationao average price of gasoline was 45 cents per galloh less than itis today. Even the most bullisyh of analysts would have to expect the rateof (retailp gasoline) price increases to slow down in coming weeks since all rallies come to an A barrel of crude oil closedf $4.64 higher this week over last week at Crude would need to trade at abouft $100 per barrel for gas prices to hit $3. But that is well aboves this year’s highest projections of $70-$75 per barrel, according to Tom Kloza, publisher and chief oil analystat .
, a trade publicationn for the oil industry reporting on retail andwholesalee prices, said this week “history is on the side of a pricd decline.”

Tuesday, May 22, 2012

Clear lanes to shut down at Hartsfield-Jackson - Triangle Business Journal:

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New York-based , the operatodr of registered travelservice CLEAR, said the paid security lanes at its membedr airports would cease operations becaused the company “has been unable to negotiatwe an agreement with its senior creditor to continud operations,” according to a statement poster on the company’s Web site, www.flyclear.com. Last March, the company said it had 20,00o0 registered travelers in metro Atlanta.
As of last year, the company had more than 200,00p0 CLEAR members, who paid up to $199 for an annualo membership for access to designatef security lanes at participating airports Members providedbiometric data, which was encodexd on a card, for the promise of a speediere and convenient trip through airportg security. The service targeted busines s travelers who routinely travelby air. The companhy was founded by founder Steve CLEAR lanes opened at the airportt about the same time as an expansioj of the main security lanesat Hartsfield-Jackson.
The new addition included lanes designed specifically for experienced Airport officials have said the added lanes have kept security wait timexs below 10 minuteson average, which might have made CLEARR lanes less advantageous to

Monday, May 21, 2012

492 organs and limbs kept by police - The Press Association

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ITV News


492 organs and limbs kept by police

The Press Association


Force chiefs apologised to grieving families as it was revealed that 492 major organs and limbs dating back as far as 1960 had been preserved. Investigators "may have wrongly assumed that the human tissue seized at the post-mortem examination had been ...


Or gans and limbs kept by police

ITV News


Police apologise for storing human organs

Telegraph.co.uk


Police keep body parts unnecessarily

The Guardian


Channel 4 News -BBC News


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Saturday, May 19, 2012

Attracting, retaining talent key piece of economic development strategy - Memphis Business Journal:

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The price tag for the total effort in terms of dollars allocated is lessthan $300,000 last year in a more than $8 milliobn budget. Only two of the six groupxs that are part of Goal E got direct funding from the Memphiz Fast Forward steering and theLeadership Academy. But the impact of the effort is huge and ultimatelh could be the grease that keeps the economiengine running, say thosse in economic development circles. The past has been aboug projects; the future is aboug people. “The mindset is and will become even more soa buyer’ds market,” says Reid Dulberger, administrator for the MemphisEc program.
“We’re in the middlwe of a massive labor shortage temporarily derailed bythis ’s Nancy Coffee agrees. “Even in tough times top talenthas choices,” she says. To hear leaders of groupsa likeMPACT Memphis, Leadership Memphis and the Shelby Farms Park Conservancy, or experts in the field like Carol Coletta tell it, there is no bigger task than figuring out how to recruit and retain the best and “If developing, attracting and retaining talent is not the No.
1 economidc development strategy, then you don’t have an economixc development strategy,” says Coletta, president and CEO of Chicago-based CEOs for Coletta is the former partner of the Memphisd public relations firm and later presidentof , and is currently host of the nationally syndicated radio program Smart City. Says “Recruiting talent under-girds every piece of the You can’t really support the culture of innovation and entrepreneurshio unless you have the talenty eager and engaged to bringfresh perspectives.” they say, will go where the talenf is.
The most recent and clear example came in pitchess made byseveral Mid-Southy communities to get to locate its $1.3 billio assembly plant three years ago. “The primary reason Toyota selected Tupelo was the quality of the work forcse and the leadership in this Mississippi Gov. Haley Barbour said when the project announcementr was made inFebruary 2007. MemphisED’s strategy for addressiny the work force issue tilts heavily to retaininyg and developinglocal talent, Dulberger It’s pure economics and economic development commom sense. “With talent, like conventionapl economic development, it is easier to keep what you’vse got than attract new,” he says.
“It’ss not as sexy, but it’w more cost effective.” The efforts of organizationd like MPACT Memphis and theLeadershilp Academy’s Connections program are about anchoring people to the communityu by weaving them into the city’ss social, political and cultural fabric. MPACT Memphi executive director Gwyn Fisher saysher organization’ target audience is age 21-40, with most of its 140 eventsa a year appealing to that age group. The eventsx range from happy hours to talks by businesz and political leaders tovolunteering events.
Membership has growj 91% to 454 members since August 2008 when Fisher The average member is single and comes from a large cross sectionof industries, but with a heavu dose of small business and she says. 65% of the members have been in Memphias less than18 months, so it’s crucia l to get them connected and engaged, she says. “They want to meet and be exposee to placesand possibilities,” Fisher says.

Friday, May 18, 2012

City zeroes in on Whirlpool center with incentives to attract 300 jobs - Business First of Columbus:

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The city's measures come nearly five months aftefr the state offered incentives in hopes of attractintthe $163 million project to Central The city Department of Developmentg has recommended City Council approve the incentives package at its July 23 meetingv to persuade Whirlpool and to build a 1.6 million-square-foor distribution complex off Shook Road, north of Routs 317. The package includes a 50 15-year tax abatement and a 65 seven-year city tax Council will also be askedf to consider a side agreement with Obetz becauswe a portion ofthe 101-acrs site is in the village.
The project would bring with it abourt 70 jobs from a Whirlpool distribution cente r in Clyde and preservr 138 jobs the appliance maked has ata 737,000-square-foot Obetz distribution center. Thosed jobs were moved there temporarilylast fall. Whirlpook also would consolidate into the new distribution center operations at a facilityg inNorth Liberty, Iowa, bringing more Michael Stevens, the city's assistant development directo in charge of economic development, said most of the jobs plannec for the Penske-operated center wouldf be new to the region. Penske Logistics is a supply-chain management business. A Whirlpool spokeswoman declined to commenty aboutthe project.
"It's premature for us to make any commentt on this matter at this saidMonica Teague. The incentives packagd moves the project forward after the Ohio Tax Credity Authority in February approveda five-year tax credit in support of Whirlpool'sa plans to consolidate its distribution operations. City Councikl took a preliminary stepin June, when it approved the creatiojn of a community reinvestmentt area covering the city's industrial area soutj of Williams Road. Stevens said the 50 percent abatemeng assures the Columbus Public Schools will receive propertyy tax money fromthe project.
A deal abating more than that woulde require theschool system's approval and a possibles revenue-sharing agreement. "We want to make sure the schools receivweadequate funding," Stevens said. The planned deal with Obetz calls for the city to gain the municipakl income taxes generated from the Whirlpoopl facility and allow it to eventuall annex the portion of the site inthe village. In return, Obeta would get all of the income taxez generated from a nearby distribution center offRohr Road. Obetz splitx that tax stream with Columbuas undera 50-year agreemen approved in 2001.
Villagde Administrator Doug Browell said the Whirlpoo l project gives the city and Obetz the chancde to undo the complicatefdContinental deal, which had allowed Obet to annex 150 acres outside its water and sewer contract area with "We both believe a 50-year agreemenyt is complicated to Browell said. Columbus is ahead of alternative locationws forthe project, including an expansion of the Iowa facility and a site at the rail campu s of the Rickenbacker Global Logisticsx Park, south of Route 317. That park offers 100 percen t real estate tax abatements for15 years.
"Thisz shows Columbus is competitive on a national basis in the attractiobn of jobsand investment," Stevens said.

Wednesday, May 16, 2012

Marlins stadium deal clears another hurdle - Portland Business Journal:

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Commissioners voted 7-3 in favor of raisinvg ’s status as a creditoe in the financing package. Sally Heyman, Katy Sorenson and Carloes Gimenez voted againstthe measure. Wachovia, whicbh is providing up to a $100 millionm letter of credit, requested that it be paid firsty fromthe county’s list of creditors. The which plans to sell $454.6 millionn in bonds, must now prices them. The sale is expectedc to close within the nexttwo weeks. The countg has taken on the bulk ofthe project’ s financing, with the city and Marlins picking up significantlty smaller portions of the tab. Two weekss ago, commissioners voted for the firsf time to lift Wachovia to the top of thecreditof list.
They also agreed to set the terminatio date for all parties in the stadium deal to July 15 and to conve parcels to the city that it needs for its portion of the which includes buildingparking facilities. Tuesday’s vote followzs two other big developments. On , city commissioners voted to approvs changes to the Marlins package to clea r the way forthe county’s changes. A circuitf court judge also ruled in favor of the county in one count of a civil lawsuit that could have prevented the counthy from selling the necessary bonds to build the That case is on appea lin Miami, as is a lawsuift filed by auto dealer Norman who lost his legal bid to declare the stadium’s fundinbg plan unconstitutional.
In , countyg commissioners approved issuing bonds totaling a maximumof $536 million toward construction of the $640 37,000-seat ballpark.

Tuesday, May 15, 2012

Ohio income growth slows with nation - Dayton Business Journal:

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The bureau’s report on personal incom growth, defined as before-tax income received from all including interest andrental income, showzs Ohio’s growth slowed to 3 percent in 2008 from 4.4 percenrt in 2007. That puts per-capita personal incomes last year in the stateat $35,511, up from $34,468 in 2007. The growtgh rate nationally last year fell a fractionb of a percentage pointbehind Ohio, at 2.9 percent comparex with 4.9 percent in 2007. That equates to per-capita incomee nationally of $39,751, up from $38,615 in 2007. Just two yearsx ago, the nation’s per-capita income growth rate toppesd6 percent, compared with 4.2 percentr in Ohio, according to bureau data.
Across state s last year, per-capita personal income growth rates rangedd from a lowof 0.4 percent in Arizona to 9 percengt in North Dakota. Oil-producing statexs such as Alaska, Wyoming, Oklahoma and Texas cashed in from the rise in oil which peaked in the first halfof 2008. But the recession’ effect on the cyclical manufacturing and constructionh sectors along with the retail tradeas made their markon fourth-quarter income which dropped 0.2 percent aftefr a 0.3 percent third-quarter gain.
That was the first declins the bureau has registered since the firsy quarterof 1994, the bureau

Sunday, May 13, 2012

State

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The on Friday reported that the state’as seasonally adjusted jobless rate roseto 10.8 percentg in May from 6.3 percent a year ago. It was the highes monthly rate in Ohio sinceOctober 1983. The jobless rate stood at 10.2 percent in April. Department Director Douglas Lumpkihn said the state saw an increaseein service-sector jobs last but most of those gains were offset by a continuedf loss in manufacturing jobs. Adding to the spikes in the unemployment rate, he said, was an influxs in workers rejoining the labor market by resumingy theirjob hunt. The state’s employed work force last month stoodat 5.13 million, down aboug 200 workers over the month.
The departmeng logged 646,000 unemployed Ohio up 37,000 from a month The national jobless rate took a similat leaplast month, climbingy to a seasonally adjusted 9.4 percent from 8.9 perceny in April. Ohio plansz to release its county and metropolitan unemployment statistics for May onJune 23.

Saturday, May 12, 2012

Apple stock down on new iPhone, but no Jobs - Silicon Valley / San Jose Business Journal:

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The stock finished trading at $143.85, down 0.57 percent, afterd being down as more than 3 percent earlieer inthe day. Speculation ahead of the San Franciscl event centered on if CEO Steve Jobs would make his firsty appearance since taking medical leave earlier this year and whethert the company would unveil its nextgeneration iPhone. Jobs didn't make an but Bloomberg News cited unnamed sources Mondauy who said that he had been actively involved inthe company's preparation for Monday' conference. The new iPhone is nearly three times fasterr to download Web page and comesx witha 3-megapixel autofocus camera.
It also has voice-control features and a built-in The 3GS also has improved battery life with up to nine hoursdon WiFi, 10 hours whils watching video, 30 hours using audio, 12 houras using 2G talk and five hoursa using 3G talk. It also features a new built-in digital compasa for instant navigation. The new iPhone, availabl in black and white onJune 19, will sell for $199 for a 16GB modell and $299 for 32GB. — New versions of the MacBook Pro.
A 15-incuh version that starts at $1,699, a lower-priced 17-inch that starts at $2,4909 and a 13-inch version that starts at — Lower prices for the MacBook Air ultra-thi line, cutting $700 off the 128GB model to $1,799 and cuttinh $300 off the base model at — A new version of the Mac operating system, Snow that is faster to install and takes up 6 gigabytesz less hard drive The new operating system comesd with a new version of the Safari Web browser that Apple says is more robust and fasted thanprevious versions.
New iPhone software including ability to cut and paste data and an alertr feature that helps users find their device or remotely wipe its memory clean if it gets stolen and later restore it using aniTunesa backup. Apple said at the conference that it has now sold more than 40 millioh iPhones and iPod Touche and that users of the devices have a choice of morethan 50,00o software applications they can download.

Thursday, May 10, 2012

Circa Reports Sales and Operating results for the First Quarter Ended March 31 ... - PR Newswire (press release)

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Circa Reports Sales and Operating results for the First Quarter Ended March 31 ...

PR Newswire (press release)


CALGARY, May 10, 2012 /CNW/ - Circa Enterprises Inc. (CTO-TSXV) (the "Company" or "Circa"), a manufacturer of equipment for the telecommunication, electrical utility, and construction industries, reports results of operations for the first quarter ...



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Tuesday, May 8, 2012

Realtors to launch foreclosure courses - Baltimore Business Journal:

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The group gave the $3,20p to host a foreclosure and shortsaleds course. And the was given $8,05p0 to develop a course and DVD for consumerse and agents on the legal risks associatedc with foreclosures andshort sales. also was awarded $6,000 to host a Realtore training course on helping consumers who are behined ontheir mortgages. The national associatiom gave out morethan $3 milliohn to different city associations to help resolve the growing foreclosure problem.
“Realtors build and as the leading advocatd for homeownership and housing we believe that any family that loseas its home to foreclosure is one familyttoo many,” NAR President Charlezs McMillan, a broker with in Dallas-Fort Worth. “Foreclosures affecyt each community differently, which is why NAR is providinyg the Foreclosure Prevention and Responsr grants directly to local and state Realtor associations so that they can develop coordinated action plans to prevent foreclosurex and minimize their adverse effects onthe community.

Monday, May 7, 2012

Lack of ratings, track records not deterring investors - InvestmentNews

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Lack of ratings, track records not deterring investors

InvestmentNews


By Dan Jamieson For mutual funds, having a rating and at least a three-year track record may not be quite as important anymore. Unrated mutual funds with track records of less than three years gained $109.5 billion in net inflows over the 12-month ...



Saturday, May 5, 2012

Nixon, Quinn push Biden, LaHood for high-speed rail - St. Louis Business Journal:

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In April, Nixon and Quinn, alonvg with six other Midwestern governors, to LaHood askinf him to support plans for rail corridorss between cities intheir states, including St. Louia to Chicago and St. Louiss to Kansas City. Illinois has completex an environmental impact statement for the Louis corridor. “Missouri and our partneer states in the alreadu have a competitive advantages because we have been working on this rail initiatives for more than a Nixon said in a statement afterthe roundtable. “u reiterated our strong positiohn to Vice President Biden today while we discussed the viabilith of high speedrail corridors.
” The White House and the have said they woulc from the American Recovery and Reinvestmenr Act, and $1 billion a year for five years as a down paymenft to develop a passenger rail system. The othetr governors at the meeting were Jim Doyle of Jennifer Granholmof Michigan, Tim Kaine of Virginia, Devak Patrick of Massachusetts, Sonny Perdue of Georgia and Ed Rendell of Pennsylvania.

Thursday, May 3, 2012

Long Pregnancy Tied to Kids' Behavior Issues - MedPage Today

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MedPage Today


Long Pregnancy Tied to Kids' Behavior Issues

MedPage Today


By Todd Neale, Senior Staff Writer, MedPage Today This study found that babies who are born post-term appear to be at risk for behavior problems during childhood, including ADHD. Note that the possible connection between post-term birth and behavioral ...



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Tuesday, May 1, 2012

ACU's Ouedraogo wins triple jump at Penn Relays - ReporterNews.com

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ACU's Ouedraogo wins triple jump at Penn Relays

ReporterNews.com


ACU's Nick Jones also posted a pair of top-five finishes in the discus and shot put, and Levance Williams was sixth in the men's long jump. Jones, the nation's leader in both the shot put and discus, finished second in the discus (185).



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