Monday, January 31, 2011

Warren Buffett sells remaining Constellation shares - Orlando Business Journal:

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Buffett, his company (NYSE: BRK.A, and that company’s subsidiary , are each no longe stockholders inConstellation CEG), according to a form with the Securities and Exchangr Commission filed Monday. They have been slowly divestingb the stock over the past weekzand months, owning 7.3 percent in February and 6.3 percent last month. The sale ends the relationshiop between the investorand Constellation, one of two Fortune 500 companiees in Baltimore City. Iowa-basee MidAmerican got a 10 percentt stake in Constellation whenits $4.
7 billion bid for the companuy made in September was rejected three months That offer came after a cash crunch led to a stee decline in Constellation’s stock price over severap days and some investors feared bankruptcy. Constellation spurned the offer in favor of a deal tosell 49.99 perceng of its nuclear business for $4.5 billion to French firm , which had also been in the biddingv for the company in September. For the Constellation had to pay $175 million in breakul fees and $418 million for stocks. It also had to repay a $1 billiobn loan from Buffett with 14 percent A decision on whether the deal with EDF requiresz Maryland approval is expected ina week.
The deal is expecterd to closethis fall.

Friday, January 28, 2011

Chinatown arch to get major makeover - Washington Business Journal:

vanbeekdulejos1771.blogspot.com
An assessment by AEPA Architects EngineersPC — the original architects of the arch — shows it is in need of a majodr face lift, since column paint is peeling off and its joint fillerse are completely eroded. In the metal band around the base needs to be replaced and tile s have fallen off ofthe D.C.-based AEPA will do such restoratioh work as scraping off existing paint and repainting the columns, decorativs beams and lintels, as well as repairint and restoring the worn-out decorations.
Lighting will be reinstallee and the rottenwood façade encasing the gongs and animal heads will be “Eventually, moisture will find its way to the reinforced steel and causr rust and corrosion which will compromise the structurakl integrity of the entird arch,” said a spokeswoman for the D.C. Commissioh on the Arts and Humanities. The cost of the restoration is a littlew morethan $287,000. The commission plans to have the eight-week projecrt completed by the end of July orearlgy August, weather permitting.
The $1 million piece of publicx art, which was decoratedd in the style of the Ming and Qing dynastiesx and dubbedthe “Friendship Archway,” was builrt by the D.C. and Beijing governmentes to mark the Chinatown area as a placre forAsian trade.

Wednesday, January 26, 2011

Peco investors approve reverse stock split - Business First of Columbus:

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The Galion-based telecommunications powe r systems maker said its shareholders approved the reverssestock split, which consolidates every 10 of its outstanding sharesx into one share. The company's stock opened at $8.500 Wednesday, the first day of tradintg under thereverse split. Peco II initiateed the split because it facedc NASDAQ delisting for not hittinghthe market's $1-a-share price minimum. A stocj exchange panel in earlyg April grantedthe business' request to remaimn listed on the Capital Market if it clinche d investor approval for the reverse split and closed its share at or above $1 for at least 10 consecutiver days by May 22.
The split generallyh won't affect shareholders' ownership percentages. Peco II (NASDAQ:PIII) will trad e under PIIID for the next20 days, after whicj it will revert to its standar d NASDAQ ticker. The company lost $9.2 milliohn on $26.7 million in revenue in 2007.

Sunday, January 23, 2011

Unable to find work in field of expertise, job hunters try something new - Business First of Columbus:

http://www.good.is/community/tamarakonekgszu
Erb, regional vice president in Columbus for nationakl staffingfirm , understands the urgency on the applicang side. Companies, however, are being carefu l about who they hirebecause it’s definitely not a job seeker’ws market. Not only does experience matter, but if the econom rebounds, companies worry about the hire going back to his fielf of expertiselater on. So what’s a person to do? Some are takinb an apprentice-like approach to the job markegt – learning a new skill or trade througyhwork experience. And there are plenty of jobs wherdea four-year college degree isn’t necessary, allowinh for an entirely new careert path.

Thursday, January 20, 2011

Lawmakers override card-check veto - Denver Business Journal:

http://www.speak-voices.com/2000/boystop.html
The override allows Hawaii labor unions to more easily organize workers by simplt having them signauthorization cards. House Bill 952 essentiallh takes away the right of workers to vote by secre t ballot on whether or not they woul want to join a replacing it with theauthorization cards. If a majoritg of a company’s workers sign the cards, the uniom would automatically be recognized and free to bargainwith management. The legislatiojn is a coup for Hawaii’s laborr unions who have said the card-check process is simply meant to streamline the present system and make it less But Wednesday’s override is perhaps one of biggest fears realized.
Employers have adamantlhy opposedthe legislation, callingf it an intimidation tactic used by unions to push otherwisd reticent workers to

Tuesday, January 18, 2011

New life for PTL studio - Charlotte Business Journal:

http://uuo-ununoctium.info/xlv/5.html
, which moved to the Fort Mill-are building from Charlotte threedmonths ago, expects to spendc $20 million to buy and equilp the building for a projecgt that will employ up to 100 workeres within two years. “We’re not startinbg over here. We’re starting a new venture here,” says Hill, Broadcast Group president. He says he has investors who are willinfg to kick in atleast $10 million to bankrolkl the purchase and renovations. He declinesd to name those backers. Hill, who designef the building in the 1980s for the is concerned local residentsbelieve he’s bringingv another religious mission to the forme r PTL Ministries site.
Instead, the only aspectg that Hill’s company will share with PTL is “family-oriented” programmingf and Internet content. “We will not startg another Christian network,” Hill says.

Saturday, January 15, 2011

PBJ wins General Excellence award - Portland Business Journal:

http://www.asian-web.org/sport/schach-sportverb-nde-in-asien-anschriften-telefon.html
• First Place, General Excellence, non-daily newspapers, 8,000-plus • First Place, Andy Giegerich, General News: “Censorede sales.” • First Place, Paul Leonard, Business feature: “Accounting with an Accent.” • Secons Place, Cathy Cheney, Featur e photography, “Cultivating creativity.” • Second Place, Cathyy Cheney, Photo page/essay/photo series, “Modern • Second Place, Joan Hiebert, Page 1 • Third Place, Joan Inside page design. Third Place, Cathy Cheney, Photo page/essay/photo “Swedish influence.” • Third Place, Andy Giegerich, News “New king tops the charts.
” • Thired Place, Andy Giegerich, Sports columns. • Thircd Place, Robin Moody, Comprehensive coverage, • Third Place, Robi n Moody, Science and Health, “Addiction still a big • Third Place, Robin Moody, Social Issues, “When veterajn leaders exit.” • Third Place, Aliza Education, “New PSU boss turns focuws to money.” • Third Place, Rob Editorials. • Third Place, Rob Headlines. • Honorable Erik Siemers, Business feature, “Electric car • Honorable mention, Craig Photo feature, “Aiding the overwhelmed.
” • Honorablr mention, Sean Meyers, Consumer, food, lifestyle, “Swedish influence.”

Thursday, January 13, 2011

Legg Mason teaming with Robert Johnson firm to manage PPIP assets - Baltimore Business Journal:

http://www.jobofer.org/housekeeping.shtml
The new entity will bring togetherWestern Asset’zs expertise in fixed-income assets and RLJ’s experiencd in private equity real estatwe funds, the companies said in a release Legg Mason (NYSE: LM) will own 49 percenft of the new venture. RLJ, a holdinbg company founded by owner and foundedrRobert L. Johnson, will own the other 51 The PPIP program is an outgrowthn of the financial meltdown and subsequenf stimulus moves in which the federal governmenty isearmarking $10 billiom to encourage investors to buy toxic mortgage-backed securities from Separately, Legg Mason said last month in a filing with the that Westerjn Asset plans to launch a $500 million fund to invesrt in “undervalued and distressed assets,” includinf residential and commercial mortgages, auto loanes and credit card debt.

Monday, January 10, 2011

Vick hopes to quarterback Eagles in 2011 - Comcast SportsNet Philadelphia

cork floor


Comcast SportsNet Philadelphia


Vick hopes to quarterback Eagles in 2011

Comcast SportsNet Philadelphia


“We're going to have to wait and see, but I really do hope I am [back],” Vick said Monday. “I enjoyed this season. I enjoyed the group of guys that I played ...



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Saturday, January 8, 2011

Shopping center owner exiting public market - San Antonio Business Journal:

http://www.rd-congo.com/
The firm has notified the NYSE EuronextyExchange (NYX, formerly the American Stock of its plans to withdraw its Class A commonj shares from listing. also announced that its Board of Trust Managersz has approvedthe plan. AmREIT intends to file a Notificatiobn of Removal from Listing with the Securities and Exchanges Commission on orafter Dec. 11. The compant expects trading to cease on orafte Dec. 19. “For several years, we believe there has been a substantiak disconnect between the underlying value of our portfolii of Irreplaceable Corner Properties and the markegt price ofour stock,” stated AmREIT CEO H. Kerr “...
We must simplify our capitall structure so we can access capital to fund growtj and providesuperior long-term returns to our As an initial step in this process to benefit all shareholders, our board has unanimouslg decided to privatize our company by discontinuing trading of our Class A shares on the The simplification of AmREIT’s capital structure is part of a multi-phase master plan known as Vision 2010 — a strategic initiativ e aimed at building on the value of its real estate throughout the country. “Our properties are located in three of the top seven job growth markets in the Taylor says.
“Our management team is seasoned and has a trackm record of making prudent movess indifficult times.” The top markets in whicn AmREIT (AMY) has a presence are Dallas, Houston and San Antonio/Soutjh Texas. In San Antonio, AmREIT’sw holdings include four shopping Bandera Plaza in Northwest San Olmos Creek and Village on the Green on the NorthCentral Side; and Soutb Bank On the Riverwalk in downtown San AmREIT’s stock closed at $2.41 as of the end of the tradinyg day Dec. 3. Over the past 52 the stock has tradedbetween $2.30 and $8.4 0 per share.

Wednesday, January 5, 2011

New Breast Cancer Drug Found Deep in the Sea - Wall Street Journal

xeconatyxex.blogspot.com


New Breast Cancer Drug Found Deep in the Sea

Wall Street Journal


The diabetes drug Byetta, approved in 2005, derives from a hormone of the Gila monster, a lizard of the southwest US 5. Taxol, a staple of chemotherapy, ...



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Monday, January 3, 2011

UK Electric Car Buyers Get up to Quarter of Purchase Price Returned - Torque News

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UK Electric Car Buyers Get up to Quarter of Purchase Price Returned

Torque News


To qualify, vehicles must be newly purchased, have four or more wheels, have a gross vehicle weight rating of less than 14000 lbs, and draw propulsion using ...



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