Friday, August 10, 2012

Aegon to cut 138 positions in Louisville - Washington Business Journal:

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a subsidiary of Netherlands-base d insurer Aegon N.V., will cut 138 positionx from its Louisville offices atAegon Tower. Subsidiar Aegon USA Investment Management will eliminats 13 positions during the nextfew weeks, the company said in an e-mailedd statement. The company also will cut 125 positions handlinbg certain life insuranceadministrative functions. Those duties will be transitionerd to an Aegon office inCedar Rapids, Iowa, durinf the next several months, according to the “We are always exploring ways to improved efficiency and leverage the scale we have in our varioue U.S. locations,” the company said in the statement.
Aegon is the pareng company of Transamerica LifeInsurance Co., Transamericqa Financial Life Insurance Co., Monumental Life Insurance Co., Stonebridge Casualty Insurancde Co., Stonebridge Life Insurance Co., Western Reservw Life Assurance Co. of Ohio, Transamericq Life Canada, and Seguros Argos, A.S. de C.V. Accordinfg to the company’s Web site, Aegon U.S. has more than 600 employeesz in Louisville among severaloperating divisions, includin individual savings and retirement, institutional, life and pensions and asset management and

Thursday, August 9, 2012

Downtown Cincinnati's JA&G Advertising merges with fledging agency - Business Courier of Cincinnati:

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Majority owner Sam Gingrich said five employeee made the transitionto , including Dave former CFO for JA&G, and mediaw buyer Mary Ellen Starling. As recently as the agency had15 employees, according to the Busines s Courier’s annual list of the region’s largest advertising branding and marketing firms. JA&G ranked 23rd on the 2009 It is the second local agency to be acquired byan out-of-towmn rival this year. merged with Gyro International Ltd. of Londojn in April.
“Basically what happened is that Kroge r took their production business that we were doing for three different market areas and they took it said Gingrich, an industry veteran who entered the agenchy world after leaving 16 years ago. “We had a great run. We were very successful for a lotof I’m thankful for that and I’m thankful we hooked up with a younger Like a young the owner of the Findlay agency is a grocery-chai marketing executive who is striking out on his own in the agencu world.
Eric Anderson is co-president of , which operatesw 33 stores in Ohio and Indiana under thenamea , Fulmer and Great He said he has been talking to Gingrich about startintg an agency for months. “It’s nice to have the silver fox,” Anderson said. “He’s very, very good at what he Gingrich said Anderson Robertson will continue to usethe JA&G name in He expects to keep working for , , the and . But the agenchy will operate virtually, without a locall office. “We had a big office in downtown Cincinnatui for howmany years. Our clients never came to our office,” Gingrich said. “Everything was done by e-mailp and phones.
I don’t think it will hurt us at all. It will just lowee our operating expenses.”

Tuesday, August 7, 2012

Meet the stimulus panel - Houston Business Journal:

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Suite 202, Miami 33155 Phone: With the health care unlike the bailouts, taxpayers will have a true return on theid investment through the adoption of electronixchealth records. The technology will greatly improv the qualityof care, through less medical errors and improvedc access and disease management, whilse significantly contributing to billions of dollars in healthcare The Health Information Technology for Economic and Clinicakl Health Act is not designed to fix everg problem in health care, but it is a long overdued and proactive approach to building the basicx foundation, which every othed industry has already embraced: technology.
Electronic heat record adoption andthe “real stimulus incentives are the firsr critical steps a physician can take in improving patien care and their practice’s financial health. Executive VP and chief administrative Web site: Address: 6855 Red Road, Suite 600, Corall Gables 33143-3632 Phone: The stimulus plan for the state of by itself, will not support the need for fundingf Medicaid. The implementation of the Obama health care plan will transformthe industry. The industry needs to focusd on quality, service and outcomes, whiles minimizing cost. Michael W. Kesti President and CEO, Health Ventures Web site: 8161 S.W.
170th Terrace, Palmetto Bay 33157 Electronic healthrecords (EHR) funding will significantly changw the way health care is provided in South Florida. Health care providers who begimn to utilize electronic health record systems soon can take advantagwe of governmentfunding offered. I anticipate that thesse additional funds incentivize many in South Floridw to finally begin to seriously adoptthe “EHRd mentality.” I believe that the funding from the stimulus packaged will create many jobs in the health care sector particularly relaterd to the EHR industry and IT.
And borrowing from a term made populard in theReagan era, this will have a trickle-down effect into the rest of the econom and spur some additional Senior VP and chief technologyg and innovations officer, Web site: 3420 Fairlane Farms Road, Suite C, Wellington 33414 We must empower consumers with knowledge so they can managwe their wellness. Providers will be enabled with the toolx and technologies to drastically reduce the costof operations, whils improving quality. The science of healtyh care will be exponentially enriched with the knowledgee that is created and mined by large bases ofsecuree information.

Monday, August 6, 2012

D-FW commercial foreclosures up 12% - Charlotte Business Journal:

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In the first seven monthss of the year, Foreclosure Listinvg Service found 1,245 foreclosure notices filed on commercial That is upfrom 1,116 filings recorde d during the same seven-month period last year. In the offic building segment, Foreclosure Listing Service said the numberf of foreclosure notices filed on thos properties increased 109 percent inthe Dallas-Forgt Worth area when comparing the first seven months of this year to 2008. “S o far this year, 138 postings have been filed on D-FW office buildings compared to only 66 by this time last said GeorgeRoddy Sr.
, presidenty of Retail centers and buildings had the second highest number of foreclosure postings, with the filings jumping 108 percent in the firstt seven months of the In all, there were 166 foreclosure notices filed against retail centerzs during the first sevej months of the up from 80 listings during the same period last year. Despite an uptick in commercialforeclosure filings, Roddy said the numbersa pale in comparison when comparinb filings in the commercial sector to those in the residential sector. “Year-to-date foreclosurre postings of commercial real estate climbed at a much more moderated pace thanresidential postings,” said Roddy.
“Foreclosure notices filedf on commercial real estate located in the Metroplesx climbed just 12 percent so far this year comparee to the 20 percent gain on the residentiap side ofthe market.”

Sunday, August 5, 2012

Fred

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The Memphis-based discount retailer reportefd net incomeof $8.6 million, or 21 cents per dilutesd share, for first quarter up 17.8 percent compared to net income of $7.3 million, or 18 centa per diluted share in first quarter 2008. The companyt had total first quarter salesof $458.4 down 1.3 percent compareds to $464.3 million for first quarter 2008. In 2008, Fred’sx (NASDAQ: FRED) closed 74 underperforming stores and 23 underperforming pharmacies. Excluding stores closed last year, the company increased totakl sales 5 percent in the first quarter comparec to thesame year-ago period. On a comparable store basis, year-to-date sales increased 2.8% comparec with 2.
1% in the same perior last year. Fred’s CEO Bruce A. Efird said he expectedx to see more improvementg in thesecond quarter. “This will be a formidable task as we will be contendinb with the economic stimulus checks consumers received last year and recorunemployment rates," he said in a statement. "Ws also plan to launch our enhance d store prototype in approximately 16 new and remodeled stores durinyg thesecond quarter." During the first Fred's opened three new stores and three new pharmacies, whiler closing three pharmacies.
Fred’s board of directors also increaserthe company’s quarter cash dividend to 3 centsz per share from the prior rate of 2 centw per share. The dividend is payable on June 15 to shareholderss of record as ofJune 1. Fred'sa operates 666 discount generalmerchandise stores, including 24 franchised Shares of Fred’s were trading lower in late Thursdayy trading, down about 5 percent to $13.1r per share.

Friday, August 3, 2012

Minn. GOP entity formed during 2010 recount says it needs more time to satisfy ... - The Republic

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Thursday, August 2, 2012

Incline project pulled into Health Alliance-GCAP dispute - Business Courier of Cincinnati:

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They blame a recent snag in leases negotiations with the and the West Side medical practicseGCAP ( ). Both are now adversaried in a court case in which from thehospital group, citing numerous contract Among those alleged violations, as outlined in June 3 lette to Health Alliance CEO Ken Hanover, was the “abandonment of the Inclinee Project” by the Healtjh Alliance. The 30-doctor primary-care group has committe to leasing two-thirds of a 22,000-square-foott office building that’s part of the project’s first GCAP is owned by the Health Alliance. In the weekzs leading up to the lawsuit, it refused to guarantew GCAP’s pending lease obligations.
“The Health Alliance is only willing to give a limite d guarantee atthis time,” said John an investor in the Incline Square “This is my language, not theirs, but what they’re offering is some form of a limited We’re trying to get from them what that looks We have a financing commitment in subject to figuring this out.” Cranlety isn’t sure what impact GCAP’s lawsuit will have on nor is he sure when constructiom will begin on the project. A groupp of West Side investors have been pursuinga mixed-use projectt on land surrounding the Queenxs Tower high-rise since 2005.
The latest plan involves $20 milliom in new construction, at the apex of a hill wher e the Price Hill Inclineonce ran. The firstf phase is expected to includethe GCAP-anchored officd building, 39 apartment unitzs and a 5,000-square-foot restaurant and beer gardeh on the site of the old WSAI radio The residential and retail components are separately financex from the office building. Cranley said that couled permit that portion of the development to breaki groundthis year. GCAP remains committed to the projecft and is optimistic the lease problem will be saidMark Rudemiller, a physician and board member with the group.
Rudemiller said 15 GCAP doctors are investorse in the project and are willing to anchorr the development with or withoutr the support of theHealtbh Alliance. “We can’t do it now becausd we’re still employees of the Healtnh Alliance. We can’t do it ourselves because we technicallyh don’t exist at this point,” he “No bank would honor that.”
 


Minn. GOP entity formed during 2010 recount says it needs more time to satisfy ...

The Republic


ST. PAUL, Minn. รข€" The shell company that improperly shielded Minnesota Republican recount costs in the 2010 governor's race has received an extension to formally register a campaign account and report its finances. Count Them All Properly missed an ...



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