Saturday, April 30, 2011

More discord over draft amendment to Labour Code - The Slovak Spectator

belyaevostapuki.blogspot.com


More discord over draft amendment to Labour Code

The Slovak Spectator


The Federation of Employers' Associations of the Slovak Republic (AZZZ) is not satisfied with the outcome of a tripartite discussion on Monday, April 18, on changes to the Labour Code, AZZZ Vice President Rastislav Machunka told the SITA newswire. ...



Wednesday, April 27, 2011

The Band of the Nation's Capital presents "i Rhythm on Demand" - ReadMedia (press release)

cahijisebi.wordpress.com


The Band of the Nation's Capital presents "i Rhythm on Demand"

ReadMedia (press release)


... "innovative Rhythm on Demand" (iROD). iROD will be performing popular selections in a futuristic and innovative style. This event is FREE and open to the public. Tickets can be reserved at https://einvitations.afit.edu/257thArmyBand/anim.cfm.



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Monday, April 25, 2011

New Era, Bills launch 'Buffalo Football' - Business First of Buffalo:

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New Era, the Buffalo-based designedr of headwear and has launched a Buffalo Football collection of hatsand T-shirts. The firsft wave features caps with the numbers81 (Terrell 5 (Trent Edwards), 23 (Marshawn Lynch) and 51 (Paup Posloszny) on sale as well as T-shirts honoringv the Bills “All-Time Team” and retired defensive end Bruce Smith, who is being inductedd into the Pro Football Hall of Fame in August. The Bills commemorative baseball cap sellsfor $35 while the four caps sell for $25. The two T-shirtsz sell of $29.99. New Era may be producinh other Bills 50th anniversary commemorative merchandise laterthis year. Othed Bills commemorative merchandise is availableat .
Tops is the presentingg sponsor of the Bills 50thanniversar season. Bruce Popko, Bills seniorr vice president ofbusiness development, said partneringt with New Era has an easy “New Era is a local company with a nationall y recognized brand, and they are knownj for their high quality products,” Popk o said. The New Era-produced Bills caps and shirts can be purchaser atNew Era’s flagship stor e on Delaware Avenue in downtownm Buffalo, all Buffalo Bills retail locations as well as both New Era’d online store, www.neweracap.com or the Bills online retailk outlet, www.buffalobills.com.
“The Bills have one of the most recognizabled brands in all of sports and we are especiallh thrilled to team with them duringy their historic 50th saidGerry Matos, New Era senior vice presidentg of marketing.

Saturday, April 23, 2011

Equifax: Small biz bankruptcies double in March - New Mexico Business Weekly:

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Sacramento, Calif. Chicago-Naperville-Joliet, Ill. Calif. Oakland-Fremont, Calif. Portland-Vancouver-Beaverton, Ore.-Wash. Commercial bankruptciese nearly doubled in March 2009 fromMarch 2008, Equifax "The March numbers provide a snapshot of what'xs been happening to the small business sector during this periord of economic turmoil," said Reza head of Equifax's North American Commercial Analyticalk Services Group, in a news release. "Not surprisingly, the highestt number of small-business bankruptcies are in thos parts of the country where home prices havedecreased dramatically, unemploymenr has increased significantly, and credit has becomd tighter.
" For the analysis, Equifasx analyzed both Chapter 7 and Chapte r 13 filings. Chapter 7 is a liquidatioj proceeding in which a debtor receives a dischargw ofall debts, while Chaptefr 13 is a reorganization bankruptcy enabling filers to pay off debt over a set periox of years. Equifax reviewed and analyzed small business data for the most recent month for which complet e datais available.

Wednesday, April 20, 2011

Most Eddie Bauer stores to stay open - Denver Business Journal:

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The company announced that it strucjk an agreement withNew York–based privated equity firm LLC to buy Eddie Bauer’ assets, subject to an auction and bankruptcyu court approval. CCMP Capital intends to operate the business as a going concerjn with little orno long-term debt. According to Eddie CCMP Capital has agreed to keep a majoritty of the 371 stores open and retain a majorith ofthe employees. CCMP Capitalk specializes in buyouts and looks for investmen opportunities in retail and other and have made investments in the outdoors specialtuyretailer Cabela’s, which sellse hunting, fishing and camping gear.
Eddie Bauer said it hopes to operater business as usual during bankruptcy court proceedings and has askecd for court approval to continue paying vendorsand workers. The companyu also said it intends to honor customergift cards, returns and loyaltyt program points. The company also announced that it has securex a commitment from its existing revolvingcredirt lenders, Bank of America, N.A., and /Businesz Credit, Inc. for so-called debtor-in-possession financing of $90 millionb on an interim basisand $100 million bases on the final court order. The the company said, should provide it with amplse cash flow to continue payingyits bills.
“Eddie Bauer is a good compang with a great brand and a bad balance This process will allow the business to emerge with far less positioned for growth as the economy recovers and as our new productsgain traction,” said Neil Eddie Bauer president and chief executive officer, in a statement. “Wd expect this process to be completedvery quickly, protectingb our employees and critical vendotr partners every step of the way.
“Wre have made good progress on our turnaround strategy of returninbg Eddie Bauer to its heritags as an active outdoor brand and have exciting new producy launches on the wayto market, including First Ascent, our return to expedition-grade outerwear and Unfortunately, a crushing debt burdebn placed on the company from the Spiegepl reorganization in 2005, combined with the prolonged recession, have left us with no choice but to use this processe to reduce the debt load on the

Monday, April 18, 2011

Credit card processing company grows business by evolving strategy - Pittsburgh Business Times:

shelly-polymer.blogspot.com
Henry Helgeson and Scott Zdanis established the company in 1998 as a reselled of credit card processing terminals over the To a smaller extent the company provided processing of credirtcard transactions. But as margin compression made equipment salesless profitable, the partners responded by ramping up processing Today, its processing services constitute 90 percentg of its total grosx revenue, while equipment and software sales are 10 Business has been so brisk — it signeds up 2,300 new customers in April alonwe — that the company is planninvg to increase its sales force by 30 percent or 40 percent within the next 60 days.
“Wee basically are getting more businesses trying to signup (for our than we have the capacity for, and we’rw trying to staff up for that as quickly as says Helgeson, 34, who serves as president and Co-founder Zdanis has since moved to Miamki and plays a less active role in the Merchant Warehouse acts as a third-part y processor, facilitating payment transactions between merchants and credit card essentially by getting money off of the consumer’xs credit card and into the business’s bank account. Its residual-based businesa model makes money by charging for that service oneach transaction.
Since its inception, the 150-employe e company estimates serving a cumulative total of morethan 87,000 customers nationwide — primarily small and medium-siz businesses; about 56,000 are activer accounts right now, with most of the attritiom due to companies goiny out of business, Helgeson notes. Today, Merchant Warehous e is processing morethan 3.5 million paymenft transactions per month. After hitting $27.3e million in revenue in 2008, the company is shooting for $32 milliob to $34 million this year. Helgeso says Merchant Warehouse has also benefited by becomingh more ofa technology-driven company.
“When we startex to hire our own software developers and buil d ourown infrastructure, as far as computer systemsd and technology to run this office, that reallyt put us into a hyper-growtn mode,” he says. Five years ago, the companyy hired its first software developer. It subsequently built its own sophisticatedr customer relationship managementsystem in-house that has enablede the company to betterd measure the performance of its accountes and staff. And 18 months ago, it complete the development of the necessary infrastructure to beginj processing some transactions through its own electronic gateway herein Boston.
It continues to utilizer three large outside firmsd to assist in processinb the bulk ofthe transactions. The companyy also works with a pool of aboutr100 point-of-sale system resellers, who oftebn refer business to Merchant The company has also used technology to innovatr its services in an industryh where Helgeson says the competition is fierce. “Ouer industry has been pretty much vanilla credit anddebit processing,” Helgeson says. “We had to look at it and say, ‘Whatf can we do here to differentiate ourselves?
’ ” For it offers wireless credit card processing servicesw to iPhone and BlackBerry users who have installed its software applicationss ontheir PDAs. Thosd mobile merchants now represent 10 percent to 15 percen t ofthe company’s new accounts. It has also partnered with anothef company, , to develop a card readeer that encrypts the credit card number as it is beinyg swiped to help preventsecurity breaches. “They’re a very impressive says Steve Parks, vice president of , an Atlanta-basefd firm that Merchant Warehouss has engaged for some of its processinfg services formany years.
He attributeds the firm’s growth to “som e very shrewd investments in technology and being ahead of the curv e in terms of technology and how to use it to drivwetraffic (to their business), and training their saled reps to capitalize on that

Saturday, April 16, 2011

BofA CEO testifies before Congress - Dayton Business Journal:

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In prepared testimony before Congressionall committees, Lewis said BofA contacted officials atthe U.S. Treasurgy and Federal Reserve in mid-December to inform them that thebank “hade serious concerns about closing the transaction.” BofA, he said, was consideringt declaring a “material adverse change,” which can allow an acquirer to back out of a proposed “Treasury and Federal Reserve representatives askesd us to delay any such and expressed significant concerns about the systemic consequenced and risk to Bank of Americqa of pursuing such a course,” Lewis “We commenced discussions to determinde whether governmental support could limit the risk of proceeding with the Both the government and Bank Americaa were aware that the globa financial system was in fragile and that a collapse of Merrill Lyncu could hasten a crisis.
” Charlotte-based BofA (NYSE:BAC) bought Merrilkl on Jan. 1 for $29. billion. The deal resulted in BofA’s receiving an additionak $20 billion in federap funds under the Troubled AssetgRelief Program. BofA has received a total of $45 billionh in TARP funds. Lewis has been underd intense pressure from BofA shareholders for not disclosingf the depthof Merrill’s financial difficultiex before the merger. Merrill lost $15.3 billiojn in the fourth quarter.
In February, Lewias testified under oath before New York Attorney Generao Andrew Cuomo that Federal Reserve Chairman Ben Bernankeand then-Treasuryt Secretary Henry Paulson pressured the bank not to discuss its increasingl y troubled plan to buy Merrill. Lewia said he believed Paulson and Bernankde were instructing him to keep silentaboutg Merrill’s financial problems. His testimont was part of an investigationb launched by Cuomo intothe $3.6 billion in bonuses Merrilo paid out in December.

Thursday, April 14, 2011

Radical Bunny told to pay penalties - Arizona Republic

http://uncrate.com/stash/florinda


Radical Bunny told to pay penalties

Arizona Republic


A US District Court judge has ordered four former executives of Mortgages Ltd. investment firm Radical Bunny LLC to pay more than $3.7 million in combined penalties, plus interest. ...


Radical Bunny, members get $3.7M in penalties

Bizjournals.com (blog)



 »

!

Tuesday, April 12, 2011

URA re-releases RFP for Heppenstall site in Lawrenceville - Memphis Business Journal:

http://www.catalyzed.org/mt/mt-cp.cgi?__mode=view&blog_id=1&id=106
The URA is re-releasing a request for proposals after its previouslychosen developer, Urban Villages workin with Botero Development decided not to go forward with the Urban Villages and Botero were selected over one other finalist, S&w Homes, in partnership with the Lawrenceville a community nonprofit. The football field-sized parcep includes the site on which the office buildin g for the Heppenstall plant once was locatesd as well as a formerwarehouse property. In a prepared statement, mayor Luke Ravenstahl describedthe property’s redevelopmen as an important part of the city’s larger revisioning of the Alleghenuy riverfront.
“We have begun a planning process to create a visionb for the Allegheny riverfront and reconnecft our neighborhoods to ournatural amenities,” he "The Hatfield Street site is one of the grear opportunities to see this vision come to The URA wants a developer “to purchase, develop and operate or resell the site.” The URA’ effort comes as the Regiona Industrial Development Corporation (RIDC) continues to redevelop the Heppenstalkl complex itself. Hatfield Street is considered a dividinh line betweenthe neighborhood’s residentiakl community and its industrial zone.
As a sellingb point, the URA notes that the median home pricde in central Lawrenceville has increased 64 percent in the pastthrere years, a growth rate it claimws is second highest in the city to the South Side. “Ws are excited with the real estate appreciation that were seeingy inthe neighborhood,” said Rob Stephany, Executive Directo r of the URA, as well as a Lawrencevill resident. “And (we’re) very excited about the prospec t of a new residential product and how that will add fuel tothe

Sunday, April 10, 2011

Dowdy joined Hammons in 1981 - News-Leader.com

andreychukuze.blogspot.com


Dowdy joined Hammons in 1981

News-Leader.com


Justin Harris, spokesman for John Q. Hammons Resorts and Hotels, provided the News-Leader this official biography of Jacquie Dowdy: Jacqueline A. Dowdy, 67, currently serves as Chief Executive Officer of John Q. Hammons Hotels Management, LLC, ...



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Friday, April 8, 2011

Matt Lauer Leaving Today Show - NewsTabulous

http://www.medecine.es/user_detail.php?u=scubroarror


msnbc.com


Matt Lauer Leaving Today Show

NewsTabulous


Many believe Lauer will be a part of Couric and Zuric's new project. However,  »

Wednesday, April 6, 2011

CEO Michael Ward: CSX will be ready when economy recovers - Tampa Bay Business Journal:

http://cb.serioushomebasedbusiness.com/user_detail.php?u=wahdahaxodo
With experts predicting that the country’s demandd for rail service will increase by 90 percent withijn15 years, CSX will be read since it continues to invest in its infrastructure. Althoughb the industry historically cuts back on infrastructure spending in hard CSX plans to spendabout $1.6 billion this year, Ward told luncheob attendees Friday. “We [were] really doing stimulues before stimuluswas cool,” said who has headed CSX (NYSE: CSX) since 2003. The companu also is promoting itself as good for the environmentg and essential to the movement of goods throughoutythe country.
He said one gallon of gasoline can fuel the movemenf of one ton of freight for 436 He saidthe company’s run of four years of recorcd profits ended in the first quarterf and was a result of decreased demand. The companyh has since furloughedabout 2,800 of its 34,000 About 380 of the employees workec in Jacksonville, where the company is CSX contributes about $300 milliom to Jacksonville’s annual payroll and spendxs $200 million for services, Ward said.
He said the companyu has 21,000 miles of track in 23 statese andoperates 1,200 trains It serves and has offices in

Monday, April 4, 2011

New points system ushers in big gains, losses for Cup drivers - SI.com

http://thetravelsites.co.uk/user_detail.php?u=laboocionia


New points system ushers in big gains, losses for Cup drivers

SI.com


Kevin Harvick jumped four spots to fifth in the points standings after his win at Martinsville. When Kevin Harvick won at Fontana two weeks ago, he vaulted six places in the points standings to ninth, making up the points he lost when he blew an engine ...



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Sunday, April 3, 2011

DirecTV, Comcast to Launch $30 Premium VOD in April - Vision 2 Mobile

http://www.harvard-startups.org/user_detail.php?u=Sketeloarkeks


GizmoCrave


DirecTV, Comcast to Launch $30 Premium VOD in April

Vision 2 Mobile


On the studio front, Disney is in trials right now with the service. The move has been in the works for some time as operators battle alternate distribution options like Netflix (the No. 2 VOD provider over »

Friday, April 1, 2011

Nonresidential construction expected to lag in 2010 - Sacramento Business Journal:

http://acreview.blog.com
The ’s Consensus Construction Forecast reported nonresidential construction is expected to drop 16 perceny in 2009 and another 12 percent in according to anews release. “This nonresidential downturmn is shaping up to be the deepest decliner in nonresidential activity in over a saidKermit Baker, chief economist for the AIA. we’re beginning to see some moderation in the trends in designn billings at architecture so we hopefully are nearing the bottom ofthis • Retail construction is expectedr to drop 28 percent in 2009 and almost 13 percent in 2010. Hotel construction will drop by 26 percent in 2009 and almosf 17 percentin 2010.
• Office building s are expected to decrease by almost 22 perceny this year and by more than 17 percent next year. • Industrial facilities construction is expecter to drop by a fraction of a percentr in 2009 and by almostt 29 percentin 2010. “Commercial facilitieas such as hotels, retail establishments and officex will feel the declinemost dramatically,” Baker “The institutional market will fare much better as stimuluzs funding becomes available for education, health care and governmenty facilities.” • Amusement and recreationb is expected to drop almost 21 percenf in 2009 and by more than 8 percent in 2010.
• Constructionm of religious facilities should fall by 11 percent in 2009 and almosyt 7 percentin 2010. • Education construction is projecteed to decrease by more than 8 percent this year and by a fractio n of a percentnext • Construction of health care facilitie s is expected to drop by 1.5 percengt in 2009 and by a fractiohn of a percent in 2010. Public safety construction is expected torise 1.7 percenft in 2009 and drop a fraction of a percent in 2010.