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On Jan. 15, the Tenn.-based dialysis provider againstBlue Cross, afterd the insurer slashed reimbursement rates for out-of-network dialysi services by 88 percent. The lawsuit is seeking compensatory damages and asking Blue Cross be orderefd to reinstate reimbursement rates to itsoriginal level. Blue in an e-mail, said its position is unchanged byNationa Renal's amended complaint. The insurer addefd the suit iswithout "NRA is a non-participating dialysis providerf who, to the best of BCBSGa' s knowledge, currently provides dialysis services to approximately 20 BCBSGas members who have out-of-network benefits," the e-mail said.
"Theit current benefits and access to NRA clinice will not change becauswe ofthis lawsuit, absent NRA'sz refusal to accept them as patients." In the amended complaint, Nationap Renal provides details of how "Blue Cross is continuin g to market and sell Preferred Provider Organization, and Poin of Service health plane in exchange for higher premiums while intentionally undermining theit members' ability to receive the benefit of thesse plans".
"Blue Cross is engaging in deceptivs and potentially confusingtrade practices," the statement The result of Blue Cross' actions is that thei r members are denied the very flexibility they are payingb for and are simply paying higher premiums to receiv benefits identical to thosre under cheaper, traditional HMO plans, National Renalk claims. National Renal provides dialysis to about 400 Georgia residents annually at its 11 rural clinics inthe state. Blue Cross members accounf for about 6 percent of theprivatee company's Georgia patients.
Under the reduces reimbursement structure, National Renal receives 12 cents for every dollaer of care it provides to BlueCross members, National Renal CEO Joe Cashiw has said in a previous statement. "Thw impact of these cuts will be devastating to our clinics and for the patient s who rely on usfor life-sustaining he said in January. "Blue Cross is forcin us to close our doorz tothese patients, and possibly close our doores completely.
"
Saturday, June 30, 2012
Friday, June 29, 2012
49ers stadium naming rights could have big payoff - Silicon Valley / San Jose Business Journal:
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Naming rights present a potentially lucrativew source of revenue for a with multiyear, multimillion-dollar deals struck between teams and companiexs seeking to get their names on in the mouths of broadcast announcers and in front of millionsa of fans a year. But a deal that a few yearz back might have been a source of pridwe for a business now may be a sourceof Citigroup, for example, is facingv intense criticism for spendin $400 million on a stadium deal with the New York Mets whiled accepting billions in bailout dollars from the federakl government.
“Naming rights transactions are more difficult to come by than they were priof tothe recession,” said Lew co-owner of the Oakland Athletics and ownere of the San Jose “I believe that’s going to be true not only for the curreny market but for the for a long time.” The 49ers, he said, will probablu look for a strong national name to plac on its facility. But many companies that were strong namintg partners in the past are in the financiak services and insurance and they will be less likelh to spend what some view as unnecessar marketing dollarsgoing forward. In Oakland, McAfee Inc.
allowed its 10-yeare agreement for naming rights onthe Oakland-Alameds County Coliseum to expire, while Oracle Corp. in 2006 struck a $3 millionh per year, 10-year deal for naming rightw on the indoorOakland arena. Wolff said the Earthquakesw organization is working with the William Morrizs Agency on naming andbrandingh issues. Amway Global in January strucka three-year agreement with the team to have its name placexd on team uniforms. Terms of that deal were not “The 49er brand is outstanding, and if there’sa any brand someone might want toseek out, it’ss them,” Wolff said. “But every deal is different.
” When the San Jose Sportxs Authority and the city were in the process of strikinyg a deal to brand the home of the San Jose it was nearly CompaqComputers — which at the time was a Houstobn company wanting to build up its Silicon Valle presence. Malcolm Bordelon, executive vice president of business operation for the San Jose said the day the signage was togo up, Compaqw called and said it had been acquired by Hewlett-Packard Co. HP, he said, did extensive research beforee going forward with thenaming deal, figuringt out how many times its name would be said publiclyh and how its brand woulc be featured in the building.
“We also researchedc naming deals, and what we founx is that it’s all over the map unbelievably varied,” Bordelon said. “I’j not sure how to personify the process the 49era will face other thansaying it’s goingh to be very challenging.” In additiojn to Sharks games, the venue hosts concertas and other sporting events each year. While naming rights at HP Paviliomn fell under the purview of the city becaused the facility is publicly Santa Clara Assistant City Manager Ron Garraty said the naming rights deal for the 49er s would fall exclusively withthe team.
“W tried to get the Santas Clara 49ers on the front end ofthe deal, and they weren’tg willing to do that, understandably,” Garratt said. If it comess time for the 49ers to seek out a naming they would probably enlistt the help ofa third-party expert, a sporte marketing dealmaker that can tell them what the team’s branx is worth. Some of the top sports marketinb dealmakers areIMG World, which has offices arouns the country, and 16W Marketing of New Jersey. A thirxd well-known firm, Bonham Group of Denver, shut down in January after its primary banker reduced itscredit line.
Dealsw Bonham negotiated included SanDiego Padres’ Petco Park and the Seattle Qwest Field. David Peart, the vice presidengt of business partnerships for thePittsburgh Penguins, was until last June the vice presiden t of sales and marketing for the 49ers. He said “yo want to make sure you measure twice” before assigning value to a namingrights deal. “A company will be looking at what its primaryy entitlementswill be. From signage, integration of your productws intothe building, where you fit into the architectural designm of the building,” Peart “Once the shovels hit the ground, you want the naminfg partner in place.
” The team will face an uphilp battle in the name game because namingb rights as a marketing tool have fallenm out of favor. Two properties shoppinv for a name now are the New York Giants stadium and the DallaCowboys stadium, both of whicb Peart said are “supedr high profile” but are having trouble finding a name. “A pure brands play is really difficult in this day and age for a companuy to justify to its shareholders and stakeholders and Peart said.
“When you’re thinking about layinyg off people andsaying you’rse going to spend $5 million a year for 30 yearzs to put your name on a building, it’sx a tough row to
Naming rights present a potentially lucrativew source of revenue for a with multiyear, multimillion-dollar deals struck between teams and companiexs seeking to get their names on in the mouths of broadcast announcers and in front of millionsa of fans a year. But a deal that a few yearz back might have been a source of pridwe for a business now may be a sourceof Citigroup, for example, is facingv intense criticism for spendin $400 million on a stadium deal with the New York Mets whiled accepting billions in bailout dollars from the federakl government.
“Naming rights transactions are more difficult to come by than they were priof tothe recession,” said Lew co-owner of the Oakland Athletics and ownere of the San Jose “I believe that’s going to be true not only for the curreny market but for the for a long time.” The 49ers, he said, will probablu look for a strong national name to plac on its facility. But many companies that were strong namintg partners in the past are in the financiak services and insurance and they will be less likelh to spend what some view as unnecessar marketing dollarsgoing forward. In Oakland, McAfee Inc.
allowed its 10-yeare agreement for naming rights onthe Oakland-Alameds County Coliseum to expire, while Oracle Corp. in 2006 struck a $3 millionh per year, 10-year deal for naming rightw on the indoorOakland arena. Wolff said the Earthquakesw organization is working with the William Morrizs Agency on naming andbrandingh issues. Amway Global in January strucka three-year agreement with the team to have its name placexd on team uniforms. Terms of that deal were not “The 49er brand is outstanding, and if there’sa any brand someone might want toseek out, it’ss them,” Wolff said. “But every deal is different.
” When the San Jose Sportxs Authority and the city were in the process of strikinyg a deal to brand the home of the San Jose it was nearly CompaqComputers — which at the time was a Houstobn company wanting to build up its Silicon Valle presence. Malcolm Bordelon, executive vice president of business operation for the San Jose said the day the signage was togo up, Compaqw called and said it had been acquired by Hewlett-Packard Co. HP, he said, did extensive research beforee going forward with thenaming deal, figuringt out how many times its name would be said publiclyh and how its brand woulc be featured in the building.
“We also researchedc naming deals, and what we founx is that it’s all over the map unbelievably varied,” Bordelon said. “I’j not sure how to personify the process the 49era will face other thansaying it’s goingh to be very challenging.” In additiojn to Sharks games, the venue hosts concertas and other sporting events each year. While naming rights at HP Paviliomn fell under the purview of the city becaused the facility is publicly Santa Clara Assistant City Manager Ron Garraty said the naming rights deal for the 49er s would fall exclusively withthe team.
“W tried to get the Santas Clara 49ers on the front end ofthe deal, and they weren’tg willing to do that, understandably,” Garratt said. If it comess time for the 49ers to seek out a naming they would probably enlistt the help ofa third-party expert, a sporte marketing dealmaker that can tell them what the team’s branx is worth. Some of the top sports marketinb dealmakers areIMG World, which has offices arouns the country, and 16W Marketing of New Jersey. A thirxd well-known firm, Bonham Group of Denver, shut down in January after its primary banker reduced itscredit line.
Dealsw Bonham negotiated included SanDiego Padres’ Petco Park and the Seattle Qwest Field. David Peart, the vice presidengt of business partnerships for thePittsburgh Penguins, was until last June the vice presiden t of sales and marketing for the 49ers. He said “yo want to make sure you measure twice” before assigning value to a namingrights deal. “A company will be looking at what its primaryy entitlementswill be. From signage, integration of your productws intothe building, where you fit into the architectural designm of the building,” Peart “Once the shovels hit the ground, you want the naminfg partner in place.
” The team will face an uphilp battle in the name game because namingb rights as a marketing tool have fallenm out of favor. Two properties shoppinv for a name now are the New York Giants stadium and the DallaCowboys stadium, both of whicb Peart said are “supedr high profile” but are having trouble finding a name. “A pure brands play is really difficult in this day and age for a companuy to justify to its shareholders and stakeholders and Peart said.
“When you’re thinking about layinyg off people andsaying you’rse going to spend $5 million a year for 30 yearzs to put your name on a building, it’sx a tough row to
Wednesday, June 27, 2012
Staying on top of crime - New Straits Times
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New Straits Times | Staying on top of crime New Straits Times SAFETY: Recent news reports of violent crimes against women have heightened their sense of fear and dread. Security experts believe that some victims may ... |
Tuesday, June 26, 2012
Conservation icon Lonesome George undergoes autopsy - Washington Post
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The Hindu | Conservation icon Lonesome George undergoes autopsy Washington Post QUITO, Ecuador â€" The giant tortoise Lonesome George, whose failed efforts to produce offspring made him a symbol of disappearing species, was found dead ... Galapagos National Park Mourns the Loss of Lonesome George World loses species with death of tortoise Lonesome George |
Sunday, June 24, 2012
Source: NCR to move headquarters, 1,300 jobs to Georgia - Business First of Columbus:
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The (NYSE: NCR) will move its headquartersa and 1,250 jobs to Ga., as well as opening a 550,000-square-foot manufacturing operation in Macon, Ga., that will employ up to 880 Officialsfor NCR, which has 1,300o workers in Dayton, could not be immediately reached for commen t Monday night. An official from Ohio Gov. Ted Strickland's who spoke to the Dayton Business JournalMonday night, said NCR’ss CEO Bill Nuti told Strickland that the company has been eyeinhg Georgia for some time now. The , with locakl officials expressing frustration that the companh was not responding totheir requests. Georgia Gov.
Sonny Perdude is expected to make the official announcement Tuesdayu with NCR receiving tax incentivesz from the local officialsin Georgia. “They (NCR) can’f recruit talent to move to Ohio,” a source told the Chronicle. Montgomery Count y CommissionerDan Foley, sounding stunnesd when reached Monday night, declined In the letter Strickland sent to NCR date Monday and obtained by the Daytomn Business Journal, the governor said he was tryingh “to take one last opportunitty to urge you to continue your operationw in Ohio.” In the letter, Ohio offers NCR $31. million worth of incentive s to keep theoperation here.
Strickland's spokesperson declined official comment untio the announcementis made. NCR's departur would leave a vacant 1.3 five-story office building near Dayton'd downtown that is already hurting from high vacancy rate and jobs that have been leavingh the city during the past several The lossof 1,300 high-paying jobs from the city will have a negativew impact on Dayton's income tax receipts at a time when the city has facecd multi-million dollar budget deficits that have causesd it to reduce its workforce and cut Rashad Young, Dayton city manager, said the city reachee out to NCR multiple timexs in recent months, and that the city did all it couldc to engage the company.
Ohio State Sen. Jon Husted, said he will retain hope until the company makex anofficial announcement. “We have on multipler occasions reached out to NCR in an attempt to identify ways to securw their jobs and grow and be successful in Husted saidMonday evening. “I am not willing to give up Phil Parker, president and CEO, left a voice messagr after business hours for a reporter Mondauy saying he hadno information. Toni Bankston, directot of marketing and communications for theDayton Chamber, did not returnj calls seeking comment. The Dayton Chamber is one of the lead privated groups in the city responsible for retention ofexisting companies.
In October, NCR said it wouldx move its Worldwide Customer Services headquarterzs to anAtlanta suburb, investing $15 million and creatint more than 900 jobs in the suburb of Peachtree City and Deluth. The state of Georgia provided morethan $8 million in according to officials. NCR, foundedf locally in 1884, is the Dayton region’zs second largest company, with 20,000 global employees and $5.3 billion in revenue in 2008. The company, which sells ATMs and retail automation systems, is Dayton’s lone remaining Fortune 500 At one time, the company had more than 18,00p0 employees in the Dayton but that number has dwindled during the past severakl decades.
As recently as two years ago, NCR had abou 2,000 Dayton employees. That number has declined by about 700 workers since 2007. In 2007, NCR announced it was relocatin g its executive offices to New York City and leasing an entirs floor of the 7 World TradweCenter building. But, on paper, its headquarters remaine in Dayton. In March, the companh also told employees it is undergoing a structuralp reorganization and would cut an unknown amount of its global Thatsame month, the company removed the language “world from the sign at its Dayton campus, though it said at the time it was just
The (NYSE: NCR) will move its headquartersa and 1,250 jobs to Ga., as well as opening a 550,000-square-foot manufacturing operation in Macon, Ga., that will employ up to 880 Officialsfor NCR, which has 1,300o workers in Dayton, could not be immediately reached for commen t Monday night. An official from Ohio Gov. Ted Strickland's who spoke to the Dayton Business JournalMonday night, said NCR’ss CEO Bill Nuti told Strickland that the company has been eyeinhg Georgia for some time now. The , with locakl officials expressing frustration that the companh was not responding totheir requests. Georgia Gov.
Sonny Perdude is expected to make the official announcement Tuesdayu with NCR receiving tax incentivesz from the local officialsin Georgia. “They (NCR) can’f recruit talent to move to Ohio,” a source told the Chronicle. Montgomery Count y CommissionerDan Foley, sounding stunnesd when reached Monday night, declined In the letter Strickland sent to NCR date Monday and obtained by the Daytomn Business Journal, the governor said he was tryingh “to take one last opportunitty to urge you to continue your operationw in Ohio.” In the letter, Ohio offers NCR $31. million worth of incentive s to keep theoperation here.
Strickland's spokesperson declined official comment untio the announcementis made. NCR's departur would leave a vacant 1.3 five-story office building near Dayton'd downtown that is already hurting from high vacancy rate and jobs that have been leavingh the city during the past several The lossof 1,300 high-paying jobs from the city will have a negativew impact on Dayton's income tax receipts at a time when the city has facecd multi-million dollar budget deficits that have causesd it to reduce its workforce and cut Rashad Young, Dayton city manager, said the city reachee out to NCR multiple timexs in recent months, and that the city did all it couldc to engage the company.
Ohio State Sen. Jon Husted, said he will retain hope until the company makex anofficial announcement. “We have on multipler occasions reached out to NCR in an attempt to identify ways to securw their jobs and grow and be successful in Husted saidMonday evening. “I am not willing to give up Phil Parker, president and CEO, left a voice messagr after business hours for a reporter Mondauy saying he hadno information. Toni Bankston, directot of marketing and communications for theDayton Chamber, did not returnj calls seeking comment. The Dayton Chamber is one of the lead privated groups in the city responsible for retention ofexisting companies.
In October, NCR said it wouldx move its Worldwide Customer Services headquarterzs to anAtlanta suburb, investing $15 million and creatint more than 900 jobs in the suburb of Peachtree City and Deluth. The state of Georgia provided morethan $8 million in according to officials. NCR, foundedf locally in 1884, is the Dayton region’zs second largest company, with 20,000 global employees and $5.3 billion in revenue in 2008. The company, which sells ATMs and retail automation systems, is Dayton’s lone remaining Fortune 500 At one time, the company had more than 18,00p0 employees in the Dayton but that number has dwindled during the past severakl decades.
As recently as two years ago, NCR had abou 2,000 Dayton employees. That number has declined by about 700 workers since 2007. In 2007, NCR announced it was relocatin g its executive offices to New York City and leasing an entirs floor of the 7 World TradweCenter building. But, on paper, its headquarters remaine in Dayton. In March, the companh also told employees it is undergoing a structuralp reorganization and would cut an unknown amount of its global Thatsame month, the company removed the language “world from the sign at its Dayton campus, though it said at the time it was just
Saturday, June 23, 2012
Consumer confidence up dramatically - Sacramento Business Journal:
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in April. The index is baser on a representative sampleof 5,000 U.S. households. “Looking consumers are considerably less pessimistic than they were earlier this and expectations are thatbusiness conditions, the labor market and incomex will improve in the coming said Lynn Franco, director of the . “While confidence is still weak byhistorical standards, as far as consumers are the worst is now behind us." Consumers' appraisal of the job market was also more favorable. Those claiming jobs are "hardr to get" decreased to 44.7 percent from 46.6 percentt in April. Those saying jobs are "plentiful" edged up to 5.7 percentf from 4.9 percent.
The employment outlook was also less with the percentage of consumers expecting more jobs in the monthe ahead increasing to 20 percentfrom 14.2 percent, while those anticipatiny fewer jobs decreased to 25.2 perceny from 32.5 percent.
in April. The index is baser on a representative sampleof 5,000 U.S. households. “Looking consumers are considerably less pessimistic than they were earlier this and expectations are thatbusiness conditions, the labor market and incomex will improve in the coming said Lynn Franco, director of the . “While confidence is still weak byhistorical standards, as far as consumers are the worst is now behind us." Consumers' appraisal of the job market was also more favorable. Those claiming jobs are "hardr to get" decreased to 44.7 percent from 46.6 percentt in April. Those saying jobs are "plentiful" edged up to 5.7 percentf from 4.9 percent.
The employment outlook was also less with the percentage of consumers expecting more jobs in the monthe ahead increasing to 20 percentfrom 14.2 percent, while those anticipatiny fewer jobs decreased to 25.2 perceny from 32.5 percent.
Friday, June 22, 2012
Newmark Homes Houston buying local TOUSA assets - Washington Business Journal:
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TOUSA plans to complete and sell all homes currently under construction. Moody said the new company will be privately locally ownedand financed. “Our management team has over 70 combined experience,” he The new company plans to build 60 homes ranging in price from $160,000 to more than $600,000 in the firsy 60 days of which will officially begin June 15. Moody said 55 employeesa of TOUSA will remain with the new compang after TOUSA winds down its localbusiness operations. TOUSA’s predecessor company was foundedc in Houston in 1983 as and completef an initial public offering inMarch 1998. In December 1999, TOUSA Inc. acquired 80 percent of Newmark’s TOUSA Inc.
also acquired 100 percentt of then-public in November 2000. On June 25, 2002, Englre merged with Newmark, and the merged company changee its name toTOUSA Inc. In Hollywood, Fla.-based TOUSA (Pink TOUSQ) told the it planned to lay off 156 peopls in the Houston area from its Newmark Homes branr beginning May 22 due to the downturm in thehousing market.
TOUSA plans to complete and sell all homes currently under construction. Moody said the new company will be privately locally ownedand financed. “Our management team has over 70 combined experience,” he The new company plans to build 60 homes ranging in price from $160,000 to more than $600,000 in the firsy 60 days of which will officially begin June 15. Moody said 55 employeesa of TOUSA will remain with the new compang after TOUSA winds down its localbusiness operations. TOUSA’s predecessor company was foundedc in Houston in 1983 as and completef an initial public offering inMarch 1998. In December 1999, TOUSA Inc. acquired 80 percent of Newmark’s TOUSA Inc.
also acquired 100 percentt of then-public in November 2000. On June 25, 2002, Englre merged with Newmark, and the merged company changee its name toTOUSA Inc. In Hollywood, Fla.-based TOUSA (Pink TOUSQ) told the it planned to lay off 156 peopls in the Houston area from its Newmark Homes branr beginning May 22 due to the downturm in thehousing market.
Wednesday, June 20, 2012
American Insulock looks to build business in new industry - Phoenix Business Journal:
viktorevaikubuwo.blogspot.com
The company, which originated in Canada but now is baseddin Phoenix, manufactures polyurethane blocks. At Insulock blocks were marketed primarily for buildinhg sustainablehouses — but the target markef was high-end custom homes, which never provided enougj work to support growth, said CEO Joel When Borovay joined the compan late last year with a new group of they decided to move away from home buildinb and target commercial builderz and infrastructure projects, such as freeway sound “The previous management always went after residential, and that’a a very difficult paradigm shift,” he The company is moving into the final stagez of approval with the Californiaa Department of Transportation for its materials to be used in that Because California has some of the strictesg building standards in the Bor-o-vay said it was a good place to start and approval there cou ld put the companuy on a fast track in othere states.
Insulock blocks are larger versionsof children’s building toys. Each one is aboug twice as long as a typicall cinder block usedin construction, but each weighsa just 2 pounds, comparefd to about 36 pounds for the cinder The blocks stack together and have hollow cores throug h which wires can be run. The cores also can be fille with cement and rebar to provide They are nearly identical to cinder blocks in the way theyare “The whole intention of this is to do everythiny the same,” Borovay said. Buildinh with foam materials is not anew technology. Variouw companies have construction methodas involving foam shells andconcrete cores.
a former chief operating officer of Insight Enterprises Inc., said the key is having a wide base of manufacturingv from which to deliver. The companyu has a deal with the Woodbridgew Group to use several ofthat company’x manufacturing facilities to produces the blocks in mass quantities. Woodbridges has 64 facilities in 24 allowing the relativelysmall Insu-lock to have a globalk reach, Borovay said.
The idea for expansio into highway projects came from a demonstration projecyt the company built in 1991 part of a sound wall along a freewayin Encino, It was one of the few wall sections that escapedr damage in the area during the 1994 Northridge “In 18 years, the only maintenance they’ve done on that wall is to spray-paint it,” Borovaty said. He said the company has met with state transportationb departmentsin Arizona, Nevada and New Mexici about using the blocks in sound walls. Insulocm also is working with some companies in the Valley to try to spur use of the blockxs in upcomingcommercial projects, particularly those considering buildinv greener.
Because of the material’s weight, the company pitchesz it as producing less carbon in Among its other benefits are its high insulation ratingb and the lack of concrete used in its Peter Koliopoulos, president and founder of in Scottsdale, sees the product’as potential in the commercial sphere. “The modular construction and installation wouldx bevery efficient,” he said. With projects lookinv to meet standards such asthe U.S. Greenh Building Council’s Leadership in Energh and EnvironmentalDesign program, having a well-insulatee building with lower energy use could have its Koliopoulos said.
Insulock has the potential to replacse cinderblock constructionon single-story buildings such as strip malls, drug stores and grocery stores, said Cliffordd Paul, principal of LLC in Scottsdale. “Right now it has the potentiak to replacethose blocks, but not he said, noting cinder block still will be needed for structural footings. Insulock is working with Tesco PLC, owner of Freshn & Easy stores, as well as a Glendale, Calif.-based company that develops grocer y stores andother retailers, to see abou including its product on more projects, Borovay “If you look at it, therd hasn’t been a lot of innovation in commercial he said.
“They’re looking for While polyurethane isn’t a renewable the company has begun experimenting with other base materials that are Borovay said.
The company, which originated in Canada but now is baseddin Phoenix, manufactures polyurethane blocks. At Insulock blocks were marketed primarily for buildinhg sustainablehouses — but the target markef was high-end custom homes, which never provided enougj work to support growth, said CEO Joel When Borovay joined the compan late last year with a new group of they decided to move away from home buildinb and target commercial builderz and infrastructure projects, such as freeway sound “The previous management always went after residential, and that’a a very difficult paradigm shift,” he The company is moving into the final stagez of approval with the Californiaa Department of Transportation for its materials to be used in that Because California has some of the strictesg building standards in the Bor-o-vay said it was a good place to start and approval there cou ld put the companuy on a fast track in othere states.
Insulock blocks are larger versionsof children’s building toys. Each one is aboug twice as long as a typicall cinder block usedin construction, but each weighsa just 2 pounds, comparefd to about 36 pounds for the cinder The blocks stack together and have hollow cores throug h which wires can be run. The cores also can be fille with cement and rebar to provide They are nearly identical to cinder blocks in the way theyare “The whole intention of this is to do everythiny the same,” Borovay said. Buildinh with foam materials is not anew technology. Variouw companies have construction methodas involving foam shells andconcrete cores.
a former chief operating officer of Insight Enterprises Inc., said the key is having a wide base of manufacturingv from which to deliver. The companyu has a deal with the Woodbridgew Group to use several ofthat company’x manufacturing facilities to produces the blocks in mass quantities. Woodbridges has 64 facilities in 24 allowing the relativelysmall Insu-lock to have a globalk reach, Borovay said.
The idea for expansio into highway projects came from a demonstration projecyt the company built in 1991 part of a sound wall along a freewayin Encino, It was one of the few wall sections that escapedr damage in the area during the 1994 Northridge “In 18 years, the only maintenance they’ve done on that wall is to spray-paint it,” Borovaty said. He said the company has met with state transportationb departmentsin Arizona, Nevada and New Mexici about using the blocks in sound walls. Insulocm also is working with some companies in the Valley to try to spur use of the blockxs in upcomingcommercial projects, particularly those considering buildinv greener.
Because of the material’s weight, the company pitchesz it as producing less carbon in Among its other benefits are its high insulation ratingb and the lack of concrete used in its Peter Koliopoulos, president and founder of in Scottsdale, sees the product’as potential in the commercial sphere. “The modular construction and installation wouldx bevery efficient,” he said. With projects lookinv to meet standards such asthe U.S. Greenh Building Council’s Leadership in Energh and EnvironmentalDesign program, having a well-insulatee building with lower energy use could have its Koliopoulos said.
Insulock has the potential to replacse cinderblock constructionon single-story buildings such as strip malls, drug stores and grocery stores, said Cliffordd Paul, principal of LLC in Scottsdale. “Right now it has the potentiak to replacethose blocks, but not he said, noting cinder block still will be needed for structural footings. Insulock is working with Tesco PLC, owner of Freshn & Easy stores, as well as a Glendale, Calif.-based company that develops grocer y stores andother retailers, to see abou including its product on more projects, Borovay “If you look at it, therd hasn’t been a lot of innovation in commercial he said.
“They’re looking for While polyurethane isn’t a renewable the company has begun experimenting with other base materials that are Borovay said.
Tuesday, June 19, 2012
Lenexa's LaserCycle doubles production space with move - Kansas City Business Journal:
vilyfijohy.wordpress.com
The company opened its new half-million-dollar inkjet plant at its West 82nd Street location in The new manufacturing capacityis 10,000 squarer feet, up from the 4,000 square feet the company formally used. The company was able to expans its facility by acquiring adjacen t space in the BrookhollowqBusiness Park, where LaserCycle has residedr since 1993. CEO Rick Krska said the plantg should hold the company for about two more when it will have to look at moving theentirw business. LaserCycle's revenues increased by 50 percent in and Krska expects that growth to be duplicatefdthis year. Krska said his company is the largest inkjet remanufacturer in the High tech Magazinehonors eScout.
com as one of its top 50 Net sitex eScout.com, a Web-based e-business network for independent businesses and has been named one of the top 50 Interne sites for online innovation and excellence by CIO CIO judges noted eScout' s contribution in offering a B2B e-commercde network to independent business owners and a singlr marketplace to buy, sell and communicat e with other small to mid-sized eScout.com, a unit of Kansas City-bases UMB Financial Corp., was founded in 1999. The Management Network Group Inc. has filed with the Securitiew and Exchange Commission for a proposed secondary offering of 4 million Ofthe total, Behrman Capital will offer abouf 2.
6 million shares, or 19 percent of its TMNG will offer 1 million of the primary shares. It has abouf 27.4 million shares outstanding. The company said in a releas e that it plans to use proceeds from the sale of 1 millioj shares to enhance its Europeaj initiative and tosupport TMNG.com. TMNG provides consultinhg services to thetelecommunications industry. Southwestermn Bell Long Distance -- a subsidiaryt of the local telephone company that servesx the Kansas Cityarea -- beginsw operating Monday in Texas. The service, which will be offerec at 9 centsa minute, is expectedd to open the door for the compang to begin providing long-distance service in Missouri and Kansae in the near future.
The company, ownedc by SBC Communications, has been fightint for the right tosell in-region long-distance sincer 1996, when Congress passed a telecommunicationx reform act designed to open the industry to more But for a Baby Bell, such as Southwestern Bell, to providee long-distance service inside its local territory, it must prov e to state and federal regulators that its markef is welcoming to competitors. The Management Networ Group Inc. (Nasdaq: TMNG) will be includexd in the Russell 2000 Indexof small-capitalizatiobn stocks. The Overland Park telecommunicationsconsulting firm, whicn went public last year, was admitted through the Frank Russello Co.
's annual reconstitution process, officials Membership in the company's indexes is determined by market capitalization rankings and stylre attributes. The reconstitution captures the 3,000 largest U.S. stocke at the end of May and rankx them by totalmarket capitalization. The largesy 1,000 companies comprise the Russellk1000 index, and the bottom 2,0009 make up the Russell 2000 Trading in the reconstitutecd indexes began July 3. Health care doctors, foundations settle Medicare claims case The Universituy of KansasMedical Center, Kansas Universityt Physicians Inc. and 16 University of Kansaas foundations have agreed topay $1.5 million to settle a Medicarwe false claims case.
The company opened its new half-million-dollar inkjet plant at its West 82nd Street location in The new manufacturing capacityis 10,000 squarer feet, up from the 4,000 square feet the company formally used. The company was able to expans its facility by acquiring adjacen t space in the BrookhollowqBusiness Park, where LaserCycle has residedr since 1993. CEO Rick Krska said the plantg should hold the company for about two more when it will have to look at moving theentirw business. LaserCycle's revenues increased by 50 percent in and Krska expects that growth to be duplicatefdthis year. Krska said his company is the largest inkjet remanufacturer in the High tech Magazinehonors eScout.
com as one of its top 50 Net sitex eScout.com, a Web-based e-business network for independent businesses and has been named one of the top 50 Interne sites for online innovation and excellence by CIO CIO judges noted eScout' s contribution in offering a B2B e-commercde network to independent business owners and a singlr marketplace to buy, sell and communicat e with other small to mid-sized eScout.com, a unit of Kansas City-bases UMB Financial Corp., was founded in 1999. The Management Network Group Inc. has filed with the Securitiew and Exchange Commission for a proposed secondary offering of 4 million Ofthe total, Behrman Capital will offer abouf 2.
6 million shares, or 19 percent of its TMNG will offer 1 million of the primary shares. It has abouf 27.4 million shares outstanding. The company said in a releas e that it plans to use proceeds from the sale of 1 millioj shares to enhance its Europeaj initiative and tosupport TMNG.com. TMNG provides consultinhg services to thetelecommunications industry. Southwestermn Bell Long Distance -- a subsidiaryt of the local telephone company that servesx the Kansas Cityarea -- beginsw operating Monday in Texas. The service, which will be offerec at 9 centsa minute, is expectedd to open the door for the compang to begin providing long-distance service in Missouri and Kansae in the near future.
The company, ownedc by SBC Communications, has been fightint for the right tosell in-region long-distance sincer 1996, when Congress passed a telecommunicationx reform act designed to open the industry to more But for a Baby Bell, such as Southwestern Bell, to providee long-distance service inside its local territory, it must prov e to state and federal regulators that its markef is welcoming to competitors. The Management Networ Group Inc. (Nasdaq: TMNG) will be includexd in the Russell 2000 Indexof small-capitalizatiobn stocks. The Overland Park telecommunicationsconsulting firm, whicn went public last year, was admitted through the Frank Russello Co.
's annual reconstitution process, officials Membership in the company's indexes is determined by market capitalization rankings and stylre attributes. The reconstitution captures the 3,000 largest U.S. stocke at the end of May and rankx them by totalmarket capitalization. The largesy 1,000 companies comprise the Russellk1000 index, and the bottom 2,0009 make up the Russell 2000 Trading in the reconstitutecd indexes began July 3. Health care doctors, foundations settle Medicare claims case The Universituy of KansasMedical Center, Kansas Universityt Physicians Inc. and 16 University of Kansaas foundations have agreed topay $1.5 million to settle a Medicarwe false claims case.
Sunday, June 17, 2012
CoBiz posts $16M Q2 loss, begins stock sale - Business First of Buffalo:
cahijisebi.wordpress.com
million, or 72 cents per share, in the second as the weak economy continued to exacyt a toll onthe company, officialas said Monday. The loss compares with a profitof $4.2 or 18 cents per share, in the same quarter a year Denver-based CoBiz (NASDAQ: COBZ) owns and Arizona Business The latest quarter’s results include a $35.1 milliobn pre-tax provision for loan and credit losses, or 150 percent of net charge-offa — which were $23.4 millionm — for the period. “We continu e to take a conservative posturee in our provisioning forloan losses,” Chairman and CEO Stevew Bangert said in a statement.
“Ourd second quarter provision bring s our allowance to loan ratio tonearly 3.9 percent, one of the strongest in the industry. While I remain confident in ourseniort management’s ability to effectivelyh respond to the current credit obstacles, we felt it was prudentf to continue building the allowance givenm the uncertainty in the Nonperforming assets ended the quarter at $93.o9 million, or 3.7 percent of totao assets, up from $52.5 million or 2 perceny of total assets on March 31.
Separately on CoBiz said it had begun a sale ofabout $45 million of its common It will use the proceedsd for general corporate purposes, including supporting the capitao needs of its bank expanding operations, possible acquisitions and working capital Last week, CoBiz announced it had hired Colorado and Arizona market presidents, , to overseed banking operations in each market. “We remain focused on buildintg our franchise during these challenging timews and want to ensure we are positioned to take advantage of uniqud market opportunities that we expect willpreseng themselves,” Bangert said.
“To that end, we recently announced the hiring of Coloradko and Arizona market presidentd who will oversee all banking operations in their respective markets, provide direction for future growthg and free up some of our existing resource s to focus on high qualit y business development opportunities. We will also continue to dedicatew appropriate resources through our Special Assets Group to addresd resolution ofproblem loans.
”
million, or 72 cents per share, in the second as the weak economy continued to exacyt a toll onthe company, officialas said Monday. The loss compares with a profitof $4.2 or 18 cents per share, in the same quarter a year Denver-based CoBiz (NASDAQ: COBZ) owns and Arizona Business The latest quarter’s results include a $35.1 milliobn pre-tax provision for loan and credit losses, or 150 percent of net charge-offa — which were $23.4 millionm — for the period. “We continu e to take a conservative posturee in our provisioning forloan losses,” Chairman and CEO Stevew Bangert said in a statement.
“Ourd second quarter provision bring s our allowance to loan ratio tonearly 3.9 percent, one of the strongest in the industry. While I remain confident in ourseniort management’s ability to effectivelyh respond to the current credit obstacles, we felt it was prudentf to continue building the allowance givenm the uncertainty in the Nonperforming assets ended the quarter at $93.o9 million, or 3.7 percent of totao assets, up from $52.5 million or 2 perceny of total assets on March 31.
Separately on CoBiz said it had begun a sale ofabout $45 million of its common It will use the proceedsd for general corporate purposes, including supporting the capitao needs of its bank expanding operations, possible acquisitions and working capital Last week, CoBiz announced it had hired Colorado and Arizona market presidents, , to overseed banking operations in each market. “We remain focused on buildintg our franchise during these challenging timews and want to ensure we are positioned to take advantage of uniqud market opportunities that we expect willpreseng themselves,” Bangert said.
“To that end, we recently announced the hiring of Coloradko and Arizona market presidentd who will oversee all banking operations in their respective markets, provide direction for future growthg and free up some of our existing resource s to focus on high qualit y business development opportunities. We will also continue to dedicatew appropriate resources through our Special Assets Group to addresd resolution ofproblem loans.
”
Saturday, June 16, 2012
Russell declines court nomination - Business First of Buffalo:
judonebolayb1394.blogspot.com
According to the release, Russell contacted the governor’s office on the morningh of Wednesday, June 17, and asked to have his name “It was unfair to ask the governor to keep my namein consideration,” Russell said in a phonee interview June 22. “On I had to notify the governor’s I couldn’t take (the and not get on the ballot,” he However, that afternoon, Russell’s name was released as the governor’s nomineed for the seat.
Russell’s June 19 presx release cited both his commitment to his current work with the Veteranxs Treatment Court and Buffall Drug Treatment Court and the uncertaintgy of a speedy confirmation process by the state Senatse as reasons for his withdrawal from thenominationj process. He said that the primary factor was the lack of suppory from Erie County Democratic Committee ChairmanLen Lenihan. In his release, Russelk said that Lenihan had supported otheer candidates forthe seat, and his lack of support “jeopardizes any real opportunitg for me to be elected.
” While Russelp said that it was difficult to pass up the he added, “I would have to resign from my position, and it’s too much to put at Still, Russell said there was a “stronh likelihood” that he would have accepted the nominationb if he had had the support of Lenihan. Lenihanb could not be reached for comment. “It’s an unfortunate circumstance,” said “I’m disappointed, but at the same time I’ m blessed that I do enjoy my work.
”
According to the release, Russell contacted the governor’s office on the morningh of Wednesday, June 17, and asked to have his name “It was unfair to ask the governor to keep my namein consideration,” Russell said in a phonee interview June 22. “On I had to notify the governor’s I couldn’t take (the and not get on the ballot,” he However, that afternoon, Russell’s name was released as the governor’s nomineed for the seat.
Russell’s June 19 presx release cited both his commitment to his current work with the Veteranxs Treatment Court and Buffall Drug Treatment Court and the uncertaintgy of a speedy confirmation process by the state Senatse as reasons for his withdrawal from thenominationj process. He said that the primary factor was the lack of suppory from Erie County Democratic Committee ChairmanLen Lenihan. In his release, Russelk said that Lenihan had supported otheer candidates forthe seat, and his lack of support “jeopardizes any real opportunitg for me to be elected.
” While Russelp said that it was difficult to pass up the he added, “I would have to resign from my position, and it’s too much to put at Still, Russell said there was a “stronh likelihood” that he would have accepted the nominationb if he had had the support of Lenihan. Lenihanb could not be reached for comment. “It’s an unfortunate circumstance,” said “I’m disappointed, but at the same time I’ m blessed that I do enjoy my work.
”
Thursday, June 14, 2012
St. Louis sublease space rises as firms cut workers - St. Louis Business Journal:
opexibu.wordpress.com
There’s currently 322,417 square feet of sublease office space availabls inthe St. Louis the highest level in at leastfour years, accordingt to . That is a smalp fraction of the total availablespacer — just under 50 million square feet in the metro Even so, commercial real estate brokerws say the increasing availability of subleasre space is good news for regardless of whether they’re looking for short- or long-terkm space. A-B InBev is vacatinvg 150,000 square feet of space in thred buildings in Sunset Hills this yearand 45,000 squares feet at Plaza downtown.
Real estatd sources said the brewing giant may ultimately sublease several hundred thousanrd square feet of space in Sunse t Hills before the year is over as it seeksafurther consolidation. One office tenant that has already subleased a portion of thespace AB-InBec is unloading is GroupCasf LLC, a voice-message broadcasting servicd that leased 15,584 squars feet at 9735 Landmark Parkway in Terms of the deal were not available. As job lossew mount, the impact to St. Louis will be more acutelyh felt in the second halfof 2009, say real estatd experts.
That’s because new subleasr space typically lags a layoff announcement by six months toa “Everyone continues to see the storm coming,” said Chris Fox, managiny director of Gateway Commercial/ . Fox said the St. Loui s office market hasn’t been as negatively affectexd by the economic downturn as other markets nationally because the office market was not overbuilt here inrecenyt years. But many large corporations are lookingb to cut costs by closing or consolidating smalletregional offices.
“We’re starting to see some give-baclk space in smaller sizes, the under 10,000 square feet category, as regional sales officex of largecorporations consolidate,” Fox In late 2008, GMAC Financial Services announced it was closingf 200 mortgage offices nationally, including one in St. The closure put 27,009 square feet of office space back on the markeyt innorth St. Louis County. Othe financial institutions also are scaling back their real estate recentlysubleased 11,500 square feet of office space to at 120 S. Centrall Ave. in Clayton.
The law firm is paying $10 per squarer foot less than the asking rental rate ofabougt $25 per square foot for the five yearse remaining on the LaSalle Bank was acquired by Bank of America in Octobedr 2007 and adopted the Bank of America name in May 2008. The leas e included office furniture, a common perk in subleasw deals. Brokers call the tren d “plug and play” because the office typicallt comes furnished and can come with rental rates up to 50 percengt lower than askingrental rates.
“Wd think the sublease opportunitiesd are going to increase through at least the firstr quarterof 2010,” said Lynn Schenck, executive vice presiden t of Jones Lang LaSalle, which represented Reeg Nowogrocki. Steve Schmid of Cresa Partners said the increased levek of sublease space will benefit sizabl office tenants because large blockes of available space are hard to find inthe St. Loui area. Currently, there are less than a dozen options for tenants lookingfor 50,000 squard feet or more. Subleased space also is handuy for tenants who are uncertain aboutt their futures in this Schmid said.
“There are greaty opportunities for tenants that have volatility in theif business and are lookinv for operating flexibility and minimizing theit capital outlays forcapital improvements,” he
There’s currently 322,417 square feet of sublease office space availabls inthe St. Louis the highest level in at leastfour years, accordingt to . That is a smalp fraction of the total availablespacer — just under 50 million square feet in the metro Even so, commercial real estate brokerws say the increasing availability of subleasre space is good news for regardless of whether they’re looking for short- or long-terkm space. A-B InBev is vacatinvg 150,000 square feet of space in thred buildings in Sunset Hills this yearand 45,000 squares feet at Plaza downtown.
Real estatd sources said the brewing giant may ultimately sublease several hundred thousanrd square feet of space in Sunse t Hills before the year is over as it seeksafurther consolidation. One office tenant that has already subleased a portion of thespace AB-InBec is unloading is GroupCasf LLC, a voice-message broadcasting servicd that leased 15,584 squars feet at 9735 Landmark Parkway in Terms of the deal were not available. As job lossew mount, the impact to St. Louis will be more acutelyh felt in the second halfof 2009, say real estatd experts.
That’s because new subleasr space typically lags a layoff announcement by six months toa “Everyone continues to see the storm coming,” said Chris Fox, managiny director of Gateway Commercial/ . Fox said the St. Loui s office market hasn’t been as negatively affectexd by the economic downturn as other markets nationally because the office market was not overbuilt here inrecenyt years. But many large corporations are lookingb to cut costs by closing or consolidating smalletregional offices.
“We’re starting to see some give-baclk space in smaller sizes, the under 10,000 square feet category, as regional sales officex of largecorporations consolidate,” Fox In late 2008, GMAC Financial Services announced it was closingf 200 mortgage offices nationally, including one in St. The closure put 27,009 square feet of office space back on the markeyt innorth St. Louis County. Othe financial institutions also are scaling back their real estate recentlysubleased 11,500 square feet of office space to at 120 S. Centrall Ave. in Clayton.
The law firm is paying $10 per squarer foot less than the asking rental rate ofabougt $25 per square foot for the five yearse remaining on the LaSalle Bank was acquired by Bank of America in Octobedr 2007 and adopted the Bank of America name in May 2008. The leas e included office furniture, a common perk in subleasw deals. Brokers call the tren d “plug and play” because the office typicallt comes furnished and can come with rental rates up to 50 percengt lower than askingrental rates.
“Wd think the sublease opportunitiesd are going to increase through at least the firstr quarterof 2010,” said Lynn Schenck, executive vice presiden t of Jones Lang LaSalle, which represented Reeg Nowogrocki. Steve Schmid of Cresa Partners said the increased levek of sublease space will benefit sizabl office tenants because large blockes of available space are hard to find inthe St. Loui area. Currently, there are less than a dozen options for tenants lookingfor 50,000 squard feet or more. Subleased space also is handuy for tenants who are uncertain aboutt their futures in this Schmid said.
“There are greaty opportunities for tenants that have volatility in theif business and are lookinv for operating flexibility and minimizing theit capital outlays forcapital improvements,” he
Wednesday, June 13, 2012
IRS takes closer look at hospitals' charity care - Orlando Business Journal:
afyfojahejus.blogspot.com
Currently, nonprofit hospitals don't have to pay federal income tax, state sales tax or locaol property tax. In return, they must provide a community benefit. But political pressurr from Congress has causedr the to take a close look at exactly how nonprofit hospitals provides thatcommunity benefit. The IRS sent out surveys last year to544 tax-exemptr hospitals on the types of community benefit they provide. The interim report is expected next with the completed one due inSeptember 2008.
Little difference The report comes at a time whensome -- includiny Ashley Johnson, chief financial officer for the for-profig in Sanford -- question whetherd nonprofits differ enough from for-profit hospitals to justifyh their tax-exempt status. In fact, the biggesr difference she can point to is simplythat for-profitd pay taxes and nonprofits don't. Johnsobn says Central Florida Regional Hospital, which is ownede by the privatelyheld Nashville, Tenn.-based , also provides charity In addition, she says for-profit hospitals are undef many of the same pressuress such as dealing with bad debt and absorbing shortfalls from Medicared and Medicaid.
For Central Florida Regional, which serves abouty 10,000 inpatients a year, provided nearly $4.2 million in charith care for 2006 andabsorbed $23 million in bad in addition to paying nearly $1.2 million in taxes. "I don' understand why we have to pay when we're under the same criteria and the same says Johnson. But for nonprofits, that fault-findingf sounds familiar. "Twenty yearsx ago, nonprofits were criticize d severely for not running enougblike businesses," says Rich Morrison, regional vice president for .
"Now 20 years later, we're bein criticized for being too business-like and A major focus of the IRS reportt is charity care and how hospitalsdefinew that. For example, some hospitalw count bad debt ascharity care, while others There are also disagreements over whethert to count both Medicare and Medicai shortfalls, or costs exceeding reimbursement, as charity care. Medicaidd and Medicare reimbursements typically cover only abougt 70 percentof costs, says Morrison. Both for-profiyt and nonprofit hospitals havethese shortfalls, whicb can add up to big bucks.
For Florida Hospital had $30 million in unreimburse costs associated with Medicaidand $88 million in unreimbursedd costs from Medicare. The includesa Medicaid shortfalls in its definition of charity but not Medicare shortfalls or bad saysDonald Stuart, an attorney with in Nashville. On the othedr hand, the includes all unreimbursed shortfalls and bad debt in its definitiojn ofcharity care, says Stuart. "Nobody has been able to come up with a standards measurement to report charity Many are speculating on the local implicationsd of theIRS report. On the extreme the IRS could take away the says Stuart.
If the exemption were to "They'd have to pay but they'd figure out how to do Johnson says. However, Stuart predictw the IRS simply will createw a uniform definition of charity care andcommunith benefit, or a clearer standards on how to repor that. "Everyone needs to work off the same says Morrison. "If we have consistent information, a lot of thesse questions willgo away.
"
Currently, nonprofit hospitals don't have to pay federal income tax, state sales tax or locaol property tax. In return, they must provide a community benefit. But political pressurr from Congress has causedr the to take a close look at exactly how nonprofit hospitals provides thatcommunity benefit. The IRS sent out surveys last year to544 tax-exemptr hospitals on the types of community benefit they provide. The interim report is expected next with the completed one due inSeptember 2008.
Little difference The report comes at a time whensome -- includiny Ashley Johnson, chief financial officer for the for-profig in Sanford -- question whetherd nonprofits differ enough from for-profit hospitals to justifyh their tax-exempt status. In fact, the biggesr difference she can point to is simplythat for-profitd pay taxes and nonprofits don't. Johnsobn says Central Florida Regional Hospital, which is ownede by the privatelyheld Nashville, Tenn.-based , also provides charity In addition, she says for-profit hospitals are undef many of the same pressuress such as dealing with bad debt and absorbing shortfalls from Medicared and Medicaid.
For Central Florida Regional, which serves abouty 10,000 inpatients a year, provided nearly $4.2 million in charith care for 2006 andabsorbed $23 million in bad in addition to paying nearly $1.2 million in taxes. "I don' understand why we have to pay when we're under the same criteria and the same says Johnson. But for nonprofits, that fault-findingf sounds familiar. "Twenty yearsx ago, nonprofits were criticize d severely for not running enougblike businesses," says Rich Morrison, regional vice president for .
"Now 20 years later, we're bein criticized for being too business-like and A major focus of the IRS reportt is charity care and how hospitalsdefinew that. For example, some hospitalw count bad debt ascharity care, while others There are also disagreements over whethert to count both Medicare and Medicai shortfalls, or costs exceeding reimbursement, as charity care. Medicaidd and Medicare reimbursements typically cover only abougt 70 percentof costs, says Morrison. Both for-profiyt and nonprofit hospitals havethese shortfalls, whicb can add up to big bucks.
For Florida Hospital had $30 million in unreimburse costs associated with Medicaidand $88 million in unreimbursedd costs from Medicare. The includesa Medicaid shortfalls in its definition of charity but not Medicare shortfalls or bad saysDonald Stuart, an attorney with in Nashville. On the othedr hand, the includes all unreimbursed shortfalls and bad debt in its definitiojn ofcharity care, says Stuart. "Nobody has been able to come up with a standards measurement to report charity Many are speculating on the local implicationsd of theIRS report. On the extreme the IRS could take away the says Stuart.
If the exemption were to "They'd have to pay but they'd figure out how to do Johnson says. However, Stuart predictw the IRS simply will createw a uniform definition of charity care andcommunith benefit, or a clearer standards on how to repor that. "Everyone needs to work off the same says Morrison. "If we have consistent information, a lot of thesse questions willgo away.
"
Tuesday, June 12, 2012
Wilbur Sargunaraj now in a movie! - Times of India
amesit.wordpress.com
Wilbur Sargunaraj now in a movie! Times of India Youtube sensation, Wilbur Sargunaraj is coming soon to your screens. In a candid chat with this entertainer, we talk about his forthcoming movie... How did this first class idea of making a movie come across your mind? I'm not sure if I would say it ... |
Sunday, June 10, 2012
New Haven Cash Register Company launches next generation - The Hour
viktorevaikubuwo.blogspot.com
New Haven Cash Register Company launches next generation The Hour Your News: HAMDEN - New Haven Cash Register Company, a leading provider of innovative, cost-effective, electronic cash registers (ECR) and point-of-sale (POS) systems for the restaurant and retail industries, has launched its latest technology offering ... |
Saturday, June 9, 2012
Palm Harbor posts fiscal Q4 loss - Denver Business Journal:
obofym.wordpress.com
million restructuring charge tied to the closinvg of three factories and 18retaipl centers. Addison-based Palm Harbor Homesz (NASDAQ: PHHM) posted a net loss of $8.6 million, or 37 centz per share, during the quarter. That is an improvementr from the lossof $12.7 million, or 55 centw per share, a year ago. The company’xs fourth-quarter sales totaled $78.8u million, down from $126.5 milliomn a year ago. Sales for all of fisca l 2009 hit $409.3 million, down from $555.12 million a year earlier. Meanwhile, the company recorded a net loss for the fiscalp yearof $26.3 million, or $1.1t5 per share. That compareds to a net loss of $124.3 million, or $5.44 per share, in fiscal 2008.
"While Palm Harbor began fiscaol 2009 on a positive the overalleconomic concerns, credit crisiws and escalating unemployment have taken theif toll on everyone associated with the housing said Larry Keener, chairman and CEO of Palm Harbor The company’s largest revenue drop occurrer in Florida, Arizona and California.
million restructuring charge tied to the closinvg of three factories and 18retaipl centers. Addison-based Palm Harbor Homesz (NASDAQ: PHHM) posted a net loss of $8.6 million, or 37 centz per share, during the quarter. That is an improvementr from the lossof $12.7 million, or 55 centw per share, a year ago. The company’xs fourth-quarter sales totaled $78.8u million, down from $126.5 milliomn a year ago. Sales for all of fisca l 2009 hit $409.3 million, down from $555.12 million a year earlier. Meanwhile, the company recorded a net loss for the fiscalp yearof $26.3 million, or $1.1t5 per share. That compareds to a net loss of $124.3 million, or $5.44 per share, in fiscal 2008.
"While Palm Harbor began fiscaol 2009 on a positive the overalleconomic concerns, credit crisiws and escalating unemployment have taken theif toll on everyone associated with the housing said Larry Keener, chairman and CEO of Palm Harbor The company’s largest revenue drop occurrer in Florida, Arizona and California.
Thursday, June 7, 2012
Luxury apartments break $2 per square foot - Atlanta Business Chronicle:
mozybyd.wordpress.com
Atlanta-based bought a 0.8-acr site at 13th Street near Piedmont Park June 9 and expecte to begin construction in December ona 250-unit apartment building, said Scott Leventhal, Tivoli president and CEO. Tivoli paid $4.3 million for the site it purchasedx fromCaryn McKinney, Paul Patterson and Fred according to , a commercial real estate research firm. Tivoli's project will result in rent ratesat $2 per square Leventhal said, a benchmarko the market has not seen yet. "Atlanta's been a funny city," he said. "Developers had a hard time breakinyg the ceilingof $2 a [square] Atlanta developer and former CEO John A.
Williamws "probably came closest with Post Leventhal said. As soon as developers breaok thatmark "there will be a new rental market," he said, with luxury rentalas going for $2 per square foot to $2.265 per square foot. "It's worked successfully in other cities," he "and it is time for Atlanta to catch The $2 per-square-foot mark will arrive by early sprinbg when LLC opens 05 Buckhead at Peachtree and Piedmont a 20-story, 155-unit apartment tower that includesw four two-story penthouses. Units there will be $2 per squarw foot, said Patti Pearlberg, Coro vice president, and range from 762 square feetto 2,761 square feet.
The average unit is abouyt 1,300 square feet, Also in Buckhead, Marietta-based LLC has begunb construction on The Residences at Streetesof Buckhead, a $140 21-story pair of apartment said Mark Randall, Wood's Southeast regional partner. The Residenceas at Streets of Buckhead, builyt over retail shops, will have 360 units pretty evenlh split between thetwo towers, he said. The projecrt is bounded by Buckhead Avenue, North Fultonb Drive and East PacesFerry Road. Rentws there "will be north" of $2 per square foot, Randall said.
Tivoli's unnamed Piedmont Park project is expecterd to begin construction in Other rental projects are including Houston-based 's Ashton Midtown, a 20-story, 290-unit projec t in two towers at 17th and Springt streets. Ashton Midtown is part of insurance giant 's $225 million Metropolitan Center, a new mixed-usew development. Atlanta's urban rental market is in tight supplgy because many rental like Post Peachtree and 1280 WestPeachtrese St., converted to condominiums at the height of the condoo market. High-rise apartment development may not be the nextbig "but it's a segment that has been under-served in the last developmenty cycle," Leventhal said.
"There are very few luxurh urbanrental properties." In a market where condl sales have lagged, one wouldd think there would be ample supplu for rental units in condo buildings, but associations often limit the number of rentals to 20 percengt to 25 percent of the building, said Fran associate broker with Jenny Pruittr & Associates, Realtors, who caters to the luxury rentakl market. Where there are rental units available at newercondoi towers, they can command top Wood's Randall said.
He's seen that firsthand at Realmn in Buckhead that Wood builtwith "Wes sell a lot of units to folks who are buyinb [condo units] as an investment with the idea that they coule rent them," Randall said. Renters of individual condo units are payinfabout $2 a foot at he said. In fact, there is a waiting list "o about 22 people" to rent at Realm, said Patriciq McGoldrick, owner of and Lifestyles, who brokerws luxury rentals. She has an Israeli businessman who needzs six fully furnished rental units for peopld who are coming to Atlantza for business for just a few and is having troublefinding them. "Therd really is no supply of high-rise Randall said.
"Every rental high-rise that was out therd convertedto condo."
Atlanta-based bought a 0.8-acr site at 13th Street near Piedmont Park June 9 and expecte to begin construction in December ona 250-unit apartment building, said Scott Leventhal, Tivoli president and CEO. Tivoli paid $4.3 million for the site it purchasedx fromCaryn McKinney, Paul Patterson and Fred according to , a commercial real estate research firm. Tivoli's project will result in rent ratesat $2 per square Leventhal said, a benchmarko the market has not seen yet. "Atlanta's been a funny city," he said. "Developers had a hard time breakinyg the ceilingof $2 a [square] Atlanta developer and former CEO John A.
Williamws "probably came closest with Post Leventhal said. As soon as developers breaok thatmark "there will be a new rental market," he said, with luxury rentalas going for $2 per square foot to $2.265 per square foot. "It's worked successfully in other cities," he "and it is time for Atlanta to catch The $2 per-square-foot mark will arrive by early sprinbg when LLC opens 05 Buckhead at Peachtree and Piedmont a 20-story, 155-unit apartment tower that includesw four two-story penthouses. Units there will be $2 per squarw foot, said Patti Pearlberg, Coro vice president, and range from 762 square feetto 2,761 square feet.
The average unit is abouyt 1,300 square feet, Also in Buckhead, Marietta-based LLC has begunb construction on The Residences at Streetesof Buckhead, a $140 21-story pair of apartment said Mark Randall, Wood's Southeast regional partner. The Residenceas at Streets of Buckhead, builyt over retail shops, will have 360 units pretty evenlh split between thetwo towers, he said. The projecrt is bounded by Buckhead Avenue, North Fultonb Drive and East PacesFerry Road. Rentws there "will be north" of $2 per square foot, Randall said.
Tivoli's unnamed Piedmont Park project is expecterd to begin construction in Other rental projects are including Houston-based 's Ashton Midtown, a 20-story, 290-unit projec t in two towers at 17th and Springt streets. Ashton Midtown is part of insurance giant 's $225 million Metropolitan Center, a new mixed-usew development. Atlanta's urban rental market is in tight supplgy because many rental like Post Peachtree and 1280 WestPeachtrese St., converted to condominiums at the height of the condoo market. High-rise apartment development may not be the nextbig "but it's a segment that has been under-served in the last developmenty cycle," Leventhal said.
"There are very few luxurh urbanrental properties." In a market where condl sales have lagged, one wouldd think there would be ample supplu for rental units in condo buildings, but associations often limit the number of rentals to 20 percengt to 25 percent of the building, said Fran associate broker with Jenny Pruittr & Associates, Realtors, who caters to the luxury rentakl market. Where there are rental units available at newercondoi towers, they can command top Wood's Randall said.
He's seen that firsthand at Realmn in Buckhead that Wood builtwith "Wes sell a lot of units to folks who are buyinb [condo units] as an investment with the idea that they coule rent them," Randall said. Renters of individual condo units are payinfabout $2 a foot at he said. In fact, there is a waiting list "o about 22 people" to rent at Realm, said Patriciq McGoldrick, owner of and Lifestyles, who brokerws luxury rentals. She has an Israeli businessman who needzs six fully furnished rental units for peopld who are coming to Atlantza for business for just a few and is having troublefinding them. "Therd really is no supply of high-rise Randall said.
"Every rental high-rise that was out therd convertedto condo."
Wednesday, June 6, 2012
NCR moving HQ to Duluth, to bring 2,100-plus jobs to Georgia - Charlotte Business Journal:
plesciamipukoa1855.blogspot.com
adding clout to metro Atlanta’s technology NCR will relocate 1,250 corporatwe jobs to its Gwinnett County a source familiar with theplan said. The company is also expected to launcha 550,000-square-foot manufacturinfg operation in Columbus, Ga., where it will emploty nearly 880, the source said. Georgia Gov. Sonnyg Perdue is expected to make the officialannouncementr Tuesday. NCR CEO Bill Nuti and Ohio Gov. Ted Stricklanx spoke by phone Monday evening, and Nuti told Strickland the companhy has been looking at Georgia forsome time, an officialo in the Ohio governor’s office told Atlantq Business Chronicle sister publication Dayto Business Journal (DBJ).
In a letter to Nuti obtainedf by theChronicle , Strickland to convince Nuti to keep the compant in Ohio. On May 31 , the Chronicl e , and the DBJ , firstf reported . NCR (NYSE: NCR), which makeas automated tellermachines (ATMs) and retail self-checkouts, will be Georgia’z 14th Fortune 500 compang and the second in Duluth. Last July, (NYSE: ABG) announcesd the relocation of its headquarters to Duluthh fromNew York. NCR, which employsx 20,000 employees globally, ranked 446 on the 2009 Fortune 500 The company, which did not returh calls Monday, reported a $228 million profitr on $5.3 billion in revenue last year.
Last fall, NCR said it woulx move its Worldwide Customer Services headquarters tometrlo Atlanta, investing $15 million and creating more than 900 jobs in Peachtree City and Duluth. In October, NCR said it would co-locatde an NCR Learning Center and its Customerd Care Center hub for the Americaz region withthe company’s existing Global Service Materials operatio in Peachtree City. NCR, which occupies about 150,000 squarse feet at its Satellite Boulevard operatioin Duluth, will lease an additiona 100,000 to 200,000 square feet at that facility.
The corporatee jobs will pay on averageabout $70,000 The manufacturing distribution operation will be in two buildingsx and will make ATMs, according to the Employees at that facility will make on averagwe about $43,000 annually, the source said. NCR receivee tax incentives from both Gwinnett and Columbus thesource said, declining to disclose details about the state’z incentive package. While Dayton -- wherde NCR was founded in 1884 -- is the company’zs official headquarters, the city is not the center ofthe company’ influence.
Nuti, along with the company’x chief financial officer and othersenior executives, maintain offices on an entires floor of 7 World Trade Centedr in Manhattan. In March, NCR removed the language “worlx headquarters” from the sign at its Dayton campus. Nuti will not be movingh to Atlanta. Relocating to Atlanta — the commerciaol capital of theSoutheast — makez sense for the company. Four of the citiezs in Ohio — Youngstown, Canton, Daytonm and Cleveland— are among the top 10 dying citiessin America, according to an August 2008 report in Forbes.
“They [NCR] can’t recruit talentr to move to Dayton, Ohio,” the source (NYSE: DAL), (NYSE: HD) and (NYSE: STI) -- big NCR customers -- are also based in metro Atlanta. NCR suppliesz Delta with self-service kiosks, and NCR and Home Depoty announced a deal in 2002 toinstall self-checkouf lanes in about 800 of its 1,487 In 2007, the two companiew announced a deal to expand the project into Home Depot storesz in Canada. In SunTrust said NCR would upgrade existing ATMs and provide new ATMs for all newSunTrusr branches.
adding clout to metro Atlanta’s technology NCR will relocate 1,250 corporatwe jobs to its Gwinnett County a source familiar with theplan said. The company is also expected to launcha 550,000-square-foot manufacturinfg operation in Columbus, Ga., where it will emploty nearly 880, the source said. Georgia Gov. Sonnyg Perdue is expected to make the officialannouncementr Tuesday. NCR CEO Bill Nuti and Ohio Gov. Ted Stricklanx spoke by phone Monday evening, and Nuti told Strickland the companhy has been looking at Georgia forsome time, an officialo in the Ohio governor’s office told Atlantq Business Chronicle sister publication Dayto Business Journal (DBJ).
In a letter to Nuti obtainedf by theChronicle , Strickland to convince Nuti to keep the compant in Ohio. On May 31 , the Chronicl e , and the DBJ , firstf reported . NCR (NYSE: NCR), which makeas automated tellermachines (ATMs) and retail self-checkouts, will be Georgia’z 14th Fortune 500 compang and the second in Duluth. Last July, (NYSE: ABG) announcesd the relocation of its headquarters to Duluthh fromNew York. NCR, which employsx 20,000 employees globally, ranked 446 on the 2009 Fortune 500 The company, which did not returh calls Monday, reported a $228 million profitr on $5.3 billion in revenue last year.
Last fall, NCR said it woulx move its Worldwide Customer Services headquarters tometrlo Atlanta, investing $15 million and creating more than 900 jobs in Peachtree City and Duluth. In October, NCR said it would co-locatde an NCR Learning Center and its Customerd Care Center hub for the Americaz region withthe company’s existing Global Service Materials operatio in Peachtree City. NCR, which occupies about 150,000 squarse feet at its Satellite Boulevard operatioin Duluth, will lease an additiona 100,000 to 200,000 square feet at that facility.
The corporatee jobs will pay on averageabout $70,000 The manufacturing distribution operation will be in two buildingsx and will make ATMs, according to the Employees at that facility will make on averagwe about $43,000 annually, the source said. NCR receivee tax incentives from both Gwinnett and Columbus thesource said, declining to disclose details about the state’z incentive package. While Dayton -- wherde NCR was founded in 1884 -- is the company’zs official headquarters, the city is not the center ofthe company’ influence.
Nuti, along with the company’x chief financial officer and othersenior executives, maintain offices on an entires floor of 7 World Trade Centedr in Manhattan. In March, NCR removed the language “worlx headquarters” from the sign at its Dayton campus. Nuti will not be movingh to Atlanta. Relocating to Atlanta — the commerciaol capital of theSoutheast — makez sense for the company. Four of the citiezs in Ohio — Youngstown, Canton, Daytonm and Cleveland— are among the top 10 dying citiessin America, according to an August 2008 report in Forbes.
“They [NCR] can’t recruit talentr to move to Dayton, Ohio,” the source (NYSE: DAL), (NYSE: HD) and (NYSE: STI) -- big NCR customers -- are also based in metro Atlanta. NCR suppliesz Delta with self-service kiosks, and NCR and Home Depoty announced a deal in 2002 toinstall self-checkouf lanes in about 800 of its 1,487 In 2007, the two companiew announced a deal to expand the project into Home Depot storesz in Canada. In SunTrust said NCR would upgrade existing ATMs and provide new ATMs for all newSunTrusr branches.
Monday, June 4, 2012
People on the Move: June 22 - South Florida Business Journal:
utyziluz.wordpress.com
Stephanie Williamson has been named directorr of marketing and business development with MatrixDesignn Cos. in the Matrizx Settles office in Arlington. in D.C. named Briah Judis senior project manage r for itshospitality practice. Judis brings 15 yearsz of experience managing large hospitality projects to the CORE Most recently associatedwith , where he was the directort of capital expenditures, Judis implementedc capital investment projects upwards of $70 million annually and was the lead manager for the design and construction of numerouws hotel projects throughout the U.S.
Judis has worked with a wide range of hotelbrand including, but not limited to, Marriott, , Hyatt, , and Ritz-Carlton. Recently, he completed the renovation to the rotunda bar and restaurant of the PhiladelphiaMarriotf Downtown. Other recent projects include the management of the desigbn and construction at the HyattCapitoll Hill, JW Marriott, Key Bridge Marriott, Four Seasons Philadelphia, and Ritz-Carlton Tysonse Corner. Scott Boos , senior policy adviser to Sen. Arlen Specter, has been named the new deputy directodr ofthe . Boos has more than seveh years of legislative and policy experience gainedx during his tenurein Specter’s officre and as staff director of the U.S.
Senatre Steel Caucus. In the Senate, Boos focused on a broad rang of issuesincluding manufacturing, trade, climate change, veterans, budget, tax, telecom, housing, financial services and other business-relatec issues. As staff director of the bipartisan U.S. Senatr Steel Caucus, he worked to promote the health and stabilith of the domesticsteelo industry, as well as the interestz of its workforce. The of D.C. named Bonnie I. Robin-Vergeerr as director of the Project. She is an experiencede appellate litigator who comes to Legao Aid after nine years atLitigation Group, whered she made three U.S.
Supreme Coury arguments and numerous others before appellate courts throughout the countrt in cases involving the First access tothe courts, and consumer health and safety, amongf other issues. Prior to her positionh at Public Citizen, she worked for then-Sen. Josephy R. Biden Jr. on the reauthorization of the Violence Against Womebn Act in 2000 and was an associatee at the law firm of LLP and a teaching fellow at the Law Centet AppellateLitigation Clinic.
The in Fairfa x named Tiffany Singleton tothe organization’s newly created positionh of director of social entrepreneurship Singleton will be responsible for overseeing the development and implementation of UNCF social entrepreneurship programs, while engagint stakeholders to develop a multiyear strategyt for introducing a greater number of young Africamn Americans to social entrepreneurship — the application of busines management practices and innovation to social reform In addition to overseeing the design and implementationb of UNCF social entrepreneurship programs, Singleton will cultivate and sustainj strategic partnerships and collaborations with leading socialk entrepreneurs and their organizations, and organize structured discussions with key ultimately establishing a national advisorg committee of social entrepreneurs, academic, and sociapl venture philanthropists who can provide ongoing guidance to UNCF.
has promoted Paul McManuz to assistantvice president. McManus, who joined the bank in is a financial center leaderr at 1470Rockville Pike. Francis P. Nelsonm has been promoted to administrative vice presiden tat . Nelson joined M&T in 1992. He is responsiblre for leading and managing a retaip sales and operations team for thePrince George’s County region. in Rockville has named David E. Perkind as its new chief technology officer. Perkins joins NIHFCU’s newl appointed CEO Juli Anne Callis to lead thecredit union’es renewed focus on technologic innovation and Perkins previsouly worked at .
Over a 13-yeaer career at SECU, with the last five as CIO, accomplishments include the completionm of twocore conversions, implementation of new loan online banking and collection systems and the migratio of new software. Cardinal Bank announced the promotion ofAndrew J. Peden to senior vice Katie L. Golden to vice presidenyt and James N. Estep to assistant vice president. Peden will oversewe the relationship management of developers and realestate investors, with a primargy focus on acquisition, construction financing and commercia development, including special use properties such as golf courses and He began his lending career at Cardina Bank in 2000 as a credirt analyst.
Golden will continue to oversee the relationship managementf of buildersand developers, primarily in the areas of commercial development, project acquisitions and client development. Golden joined Cardinaol Bank in 2004 in real estate administration and currently manages the lendinyg support unit for the commercial realestate group. Estep remainds dedicated to smallbusiness lending, SBA guaranteed lending and business Estep began his financial services careet at Cardinal Bank in 2004 in retaikl lending. C. Fox Communications in Silver Sprinvg named Tina McCormack as senior public relations and Julie Feldman as publicrelations associate. in D.C. named David W.
Whitmore as chief operatintg officer andgeneral counsel. Whitmorer comes to Levick with more than 25 years of financia l andoperational experience. He has spent the lion’xs share of his career in the communications working withpublic relations, public affairs, lobbying and advertising Before joining Levick, Whitmore was executive vice presidenft of in D.C. with operationak responsibility forthe firm’s public government relations, crisis management, and issuews management practice groups. Prior to Whitmore provided communications and management counselo to numerous clientsin D.C.
, Dubai and Abu At , Whitmore variously servex as executive vice president, chief financialk officer, chief operating officer and general counsel. announceds the hiring of Brian Brobst as vice presidenr of business developmentin Reston. Brobst, a 20-pluas year engineering and constructiobindustry veteran, will be charged with expanding the firm’z presence in the high-density power and computinhg markets, inclusive of finance, telecommunications, commercial data centerd and government agencies. Brobst was previously employed by as criticakl facilityservices principal.
Prior to that, he servesd as principal and Eastern region directotr of business developmentfor
Stephanie Williamson has been named directorr of marketing and business development with MatrixDesignn Cos. in the Matrizx Settles office in Arlington. in D.C. named Briah Judis senior project manage r for itshospitality practice. Judis brings 15 yearsz of experience managing large hospitality projects to the CORE Most recently associatedwith , where he was the directort of capital expenditures, Judis implementedc capital investment projects upwards of $70 million annually and was the lead manager for the design and construction of numerouws hotel projects throughout the U.S.
Judis has worked with a wide range of hotelbrand including, but not limited to, Marriott, , Hyatt, , and Ritz-Carlton. Recently, he completed the renovation to the rotunda bar and restaurant of the PhiladelphiaMarriotf Downtown. Other recent projects include the management of the desigbn and construction at the HyattCapitoll Hill, JW Marriott, Key Bridge Marriott, Four Seasons Philadelphia, and Ritz-Carlton Tysonse Corner. Scott Boos , senior policy adviser to Sen. Arlen Specter, has been named the new deputy directodr ofthe . Boos has more than seveh years of legislative and policy experience gainedx during his tenurein Specter’s officre and as staff director of the U.S.
Senatre Steel Caucus. In the Senate, Boos focused on a broad rang of issuesincluding manufacturing, trade, climate change, veterans, budget, tax, telecom, housing, financial services and other business-relatec issues. As staff director of the bipartisan U.S. Senatr Steel Caucus, he worked to promote the health and stabilith of the domesticsteelo industry, as well as the interestz of its workforce. The of D.C. named Bonnie I. Robin-Vergeerr as director of the Project. She is an experiencede appellate litigator who comes to Legao Aid after nine years atLitigation Group, whered she made three U.S.
Supreme Coury arguments and numerous others before appellate courts throughout the countrt in cases involving the First access tothe courts, and consumer health and safety, amongf other issues. Prior to her positionh at Public Citizen, she worked for then-Sen. Josephy R. Biden Jr. on the reauthorization of the Violence Against Womebn Act in 2000 and was an associatee at the law firm of LLP and a teaching fellow at the Law Centet AppellateLitigation Clinic.
The in Fairfa x named Tiffany Singleton tothe organization’s newly created positionh of director of social entrepreneurship Singleton will be responsible for overseeing the development and implementation of UNCF social entrepreneurship programs, while engagint stakeholders to develop a multiyear strategyt for introducing a greater number of young Africamn Americans to social entrepreneurship — the application of busines management practices and innovation to social reform In addition to overseeing the design and implementationb of UNCF social entrepreneurship programs, Singleton will cultivate and sustainj strategic partnerships and collaborations with leading socialk entrepreneurs and their organizations, and organize structured discussions with key ultimately establishing a national advisorg committee of social entrepreneurs, academic, and sociapl venture philanthropists who can provide ongoing guidance to UNCF.
has promoted Paul McManuz to assistantvice president. McManus, who joined the bank in is a financial center leaderr at 1470Rockville Pike. Francis P. Nelsonm has been promoted to administrative vice presiden tat . Nelson joined M&T in 1992. He is responsiblre for leading and managing a retaip sales and operations team for thePrince George’s County region. in Rockville has named David E. Perkind as its new chief technology officer. Perkins joins NIHFCU’s newl appointed CEO Juli Anne Callis to lead thecredit union’es renewed focus on technologic innovation and Perkins previsouly worked at .
Over a 13-yeaer career at SECU, with the last five as CIO, accomplishments include the completionm of twocore conversions, implementation of new loan online banking and collection systems and the migratio of new software. Cardinal Bank announced the promotion ofAndrew J. Peden to senior vice Katie L. Golden to vice presidenyt and James N. Estep to assistant vice president. Peden will oversewe the relationship management of developers and realestate investors, with a primargy focus on acquisition, construction financing and commercia development, including special use properties such as golf courses and He began his lending career at Cardina Bank in 2000 as a credirt analyst.
Golden will continue to oversee the relationship managementf of buildersand developers, primarily in the areas of commercial development, project acquisitions and client development. Golden joined Cardinaol Bank in 2004 in real estate administration and currently manages the lendinyg support unit for the commercial realestate group. Estep remainds dedicated to smallbusiness lending, SBA guaranteed lending and business Estep began his financial services careet at Cardinal Bank in 2004 in retaikl lending. C. Fox Communications in Silver Sprinvg named Tina McCormack as senior public relations and Julie Feldman as publicrelations associate. in D.C. named David W.
Whitmore as chief operatintg officer andgeneral counsel. Whitmorer comes to Levick with more than 25 years of financia l andoperational experience. He has spent the lion’xs share of his career in the communications working withpublic relations, public affairs, lobbying and advertising Before joining Levick, Whitmore was executive vice presidenft of in D.C. with operationak responsibility forthe firm’s public government relations, crisis management, and issuews management practice groups. Prior to Whitmore provided communications and management counselo to numerous clientsin D.C.
, Dubai and Abu At , Whitmore variously servex as executive vice president, chief financialk officer, chief operating officer and general counsel. announceds the hiring of Brian Brobst as vice presidenr of business developmentin Reston. Brobst, a 20-pluas year engineering and constructiobindustry veteran, will be charged with expanding the firm’z presence in the high-density power and computinhg markets, inclusive of finance, telecommunications, commercial data centerd and government agencies. Brobst was previously employed by as criticakl facilityservices principal.
Prior to that, he servesd as principal and Eastern region directotr of business developmentfor
Sunday, June 3, 2012
Clinton urges cooperation in resource-rich Arctic - USA TODAY
ycoguqi.wordpress.com
USA TODAY | Clinton urges cooperation in resource-rich Arctic USA TODAY TROMSO, Norway (AP) â€" Secretary of State Hillary Rodham Clinton on Saturday ventured north of the Arctic Circle and urged international cooperation in a region that could become a new battleground for natural resources. By Saul Loeb, AFP/Getty Images ... |
Friday, June 1, 2012
Analysis: Obama embraced redefinition of 'civilian' in drone wars - Bureau of Investigative Journalism
ogarawo.wordpress.com
Bureau of Investigative Journalism | Analysis: Obama embraced redefinition of 'civilian' in drone wars Bureau of Investigative Journalism The Times' report also reveals that President Obama personally endorsed a redefining of the term 'civilian', which has helped to limit any public controversy over 'non-combatant' deaths. As the Bureau's own data on Pakistan makes clear, the very first ... |
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