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Sunday, October 30, 2011
Friday, October 28, 2011
Tropicana Entertainment CEO threatens to block casino
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to if the Baltimore developer’s bid on the propertu is too low. New Jersey’s Casino Control Commission said Tuesday theCordish Co., which also develope d Louisville's Fourth Street Live entertainment complex, is the leadingh bidder in a $700 millioh deal to buy the 14-acrre casino and resort. In a statement issuedc Tuesday afternoon, Tropicana CEO Scott Buterza said the company wouldpursue “legal and othetr strategic alternatives” if Cordish’s purchase price is belowe the value of Tropicana’s Butera questioned whether $700 million would be the ultimat e sale price. Cordish officials could not immediately be reachesfor comment.
Crestview Hills-based Tropicana Entertainment, which filed Chapter 11 bankruptcygin May, has been vying to assumwe control of the Atlantic City property. The New Jerseu commission voted Dec. 12, 2007 not to renew the Tropicana’a casino license, held at the time by Adamar of New The state then hire Gary Stein as a trustee to find a potential buyer whilew the hotel and casinoremained open. Cordish woulds purchase the Tropicana from Adamar under the terms ofthe deal, the commission said. But Buterq said the securities Cordish would be puttinf up for the purchasdeare “likely to be well below the stated value, thus makiny highly suspect the $700 million sale the news release said.
“Thre purported price for the Atlantic City property understandably reflectw a fire sale mentality on the part of prospective buyeras who see an extraordinary opportunity in a depressed Butera said. “That’s why we have proposed workinvg cooperatively with the to assume contro l ofthe property,” Butera added: “By incorporatinfg the Atlantic City operations into the Tropicana we expect to stabilize and improvr operations and build a more financially healthy brand.
” The Tropicana which is among a number of Atlantifc City resorts plagued by financial woes is one of the largest hotels in New Jersey, with more than 2,100o rooms and 140,000 square feet of gaminf space.
to if the Baltimore developer’s bid on the propertu is too low. New Jersey’s Casino Control Commission said Tuesday theCordish Co., which also develope d Louisville's Fourth Street Live entertainment complex, is the leadingh bidder in a $700 millioh deal to buy the 14-acrre casino and resort. In a statement issuedc Tuesday afternoon, Tropicana CEO Scott Buterza said the company wouldpursue “legal and othetr strategic alternatives” if Cordish’s purchase price is belowe the value of Tropicana’s Butera questioned whether $700 million would be the ultimat e sale price. Cordish officials could not immediately be reachesfor comment.
Crestview Hills-based Tropicana Entertainment, which filed Chapter 11 bankruptcygin May, has been vying to assumwe control of the Atlantic City property. The New Jerseu commission voted Dec. 12, 2007 not to renew the Tropicana’a casino license, held at the time by Adamar of New The state then hire Gary Stein as a trustee to find a potential buyer whilew the hotel and casinoremained open. Cordish woulds purchase the Tropicana from Adamar under the terms ofthe deal, the commission said. But Buterq said the securities Cordish would be puttinf up for the purchasdeare “likely to be well below the stated value, thus makiny highly suspect the $700 million sale the news release said.
“Thre purported price for the Atlantic City property understandably reflectw a fire sale mentality on the part of prospective buyeras who see an extraordinary opportunity in a depressed Butera said. “That’s why we have proposed workinvg cooperatively with the to assume contro l ofthe property,” Butera added: “By incorporatinfg the Atlantic City operations into the Tropicana we expect to stabilize and improvr operations and build a more financially healthy brand.
” The Tropicana which is among a number of Atlantifc City resorts plagued by financial woes is one of the largest hotels in New Jersey, with more than 2,100o rooms and 140,000 square feet of gaminf space.
Wednesday, October 26, 2011
Para Ferrari será clave no desesperarse. "Siempre hay tiempo para ganar", dijo - LaCapital.com.ar
steinberg-virus.blogspot.com
Para Ferrari será clave no desesperarse. "Siempre hay tiempo para ganar", dijo LaCapital.com.ar En el imaginario colectivo ronda la figura de un encuentro en el que Central tendrá el control del balón e insistirá desde el primer minuto y Ferro esperará. "Estamos preparados para un partido de estas caracterÃsticas. En el imaginario colectivo ronda ... |
Sunday, October 23, 2011
WorldPerks miles phase-out starts Thursday - Los Angeles Business from bizjournals:
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Thursday marks the month-long phaseout of the and the latest installment of a marketing warbetweenm , which runs the WorldPerk affinity program, and , which runs ’w SkyMiles program. When Atlanta-basecd Delta (NYSE: DAL) acquired Northwest in October, the two companiez said their frequent-flier programs would be mergee inlate 2009, effectively dumping the U.S. Bancorp WorldPerks cardholders will stop earning miles from credi t card purchases on a date over the nextmonthg that’s determined by their billing cycle. Customers who switched to the Delta SkyMiles American Expresss card will continue to earn miles under that said an AmericanExpress spokeswoman. U.S.
Bancorp, has gone its own way, changing WorldPerks customeres over to its FlexPerkd Travel Rewards Visa cardsin May. Both U.S. Bancorp and Delta-American Express have been campaignintg heavily in the Twin Citiesw market to courtWorldPerks
Thursday marks the month-long phaseout of the and the latest installment of a marketing warbetweenm , which runs the WorldPerk affinity program, and , which runs ’w SkyMiles program. When Atlanta-basecd Delta (NYSE: DAL) acquired Northwest in October, the two companiez said their frequent-flier programs would be mergee inlate 2009, effectively dumping the U.S. Bancorp WorldPerks cardholders will stop earning miles from credi t card purchases on a date over the nextmonthg that’s determined by their billing cycle. Customers who switched to the Delta SkyMiles American Expresss card will continue to earn miles under that said an AmericanExpress spokeswoman. U.S.
Bancorp, has gone its own way, changing WorldPerks customeres over to its FlexPerkd Travel Rewards Visa cardsin May. Both U.S. Bancorp and Delta-American Express have been campaignintg heavily in the Twin Citiesw market to courtWorldPerks
Friday, October 21, 2011
MarineMax predicts wider loss in 1Q - Minneapolis / St. Paul Business Journal:
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The Clearwater company citesd economic pressures, including the real estate marker challenges and thelending environment. MarineMax (NYSE: HZO) said in a release that its earnings per shares for the fiscal year ending 30 would be lower than its previous guidances of 60 cents to 80 cents perdilutedd share. The company said it woule not provide an updated It warnedits first-quarter loss will widen to between 35 cents and 38 cents per up from a loss of 21 cente per share for the same quarter last year. MarineMax expects to repor t first-quarter revenue of approximately $215 million compared with $234 million in the comparable quarterin 2007.
Analystsd polled by Thomson Financiapl expecteda first-quarter loss of 28 cent s per share with a fiscal-year profigt of 73 cents per MarineMax expects to release its first-quartere results Feb. 7. The recreationall boat dealer is not alone in experiencingv problems related to the The country's marine industry is in flux as it dealsz with declining retail conditions. Privately held , whichn is headquartered in Minneapolis, said last week that it will closee its Sarasota plant and lay off about 225 employee withinsix months. Illinois-based BC) reported that net sales for its boat segment droppec 10 percent in the third quarter compared with the same quarter theprevious year.
The segment had an operatinh loss ofnearly $24 million.
The Clearwater company citesd economic pressures, including the real estate marker challenges and thelending environment. MarineMax (NYSE: HZO) said in a release that its earnings per shares for the fiscal year ending 30 would be lower than its previous guidances of 60 cents to 80 cents perdilutedd share. The company said it woule not provide an updated It warnedits first-quarter loss will widen to between 35 cents and 38 cents per up from a loss of 21 cente per share for the same quarter last year. MarineMax expects to repor t first-quarter revenue of approximately $215 million compared with $234 million in the comparable quarterin 2007.
Analystsd polled by Thomson Financiapl expecteda first-quarter loss of 28 cent s per share with a fiscal-year profigt of 73 cents per MarineMax expects to release its first-quartere results Feb. 7. The recreationall boat dealer is not alone in experiencingv problems related to the The country's marine industry is in flux as it dealsz with declining retail conditions. Privately held , whichn is headquartered in Minneapolis, said last week that it will closee its Sarasota plant and lay off about 225 employee withinsix months. Illinois-based BC) reported that net sales for its boat segment droppec 10 percent in the third quarter compared with the same quarter theprevious year.
The segment had an operatinh loss ofnearly $24 million.
Wednesday, October 19, 2011
Man sought in sexual assault of woman in wheelchair - Atlanta Journal Constitution
qalymeled.wordpress.com
Man sought in sexual assault of woman in wheelchair Atlanta Journal Constitution Police are seeking the public's assistance in locating a man suspected of sodomizing a 70-year-old woman in her wheelchair. DeKalb County Sheriff's Office Donnie Bess is accused of sodomizing a 70-year-old woman in a wheelchair. ... |
Monday, October 17, 2011
Huntington prices stock offering - San Francisco Business Times:
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Columbus-based Huntington said it pricef an offering of 90 million share sat $3.60 a share, which would raisr $324 million. The bank took orders for the stocik Wednesday and expects to finisjh allocating shares to investors byJune 9, said Jay Gould, who leade Huntington’s investor relations. Huntington announced the offering, originallu set for only $300 million, on Wednesday afte suspending a program launched in late May that resulted in the saleof $76 millioj in stock. Under the new offering, underwriters have a 30-dayt option to buy up 13.5 millioh more shares, which would raise $48.t million.
If underwriters take the over-allotment option, that will brin g the capital raised from the suspende program and new offering to acombined $448.y6 million. The stock sale is part of a largedr Huntington plan to build a cushion against a deepe r economic downturn and eventuallyrepay $1.4 billionj in government bailout funds. The bank is lookingb to sell $75 million in preferredf securities and togenerate $250 millioh from balance sheet adjustments and the adoption of new accounting Huntington (NASDAQ:HBAN) last month sold $120 millioh of stock and said it expects most of the capital-raising actions to wrap up beforer June 30.
CEO Stephen Steinoudr said in a release Thursday thatthe higher-than-expected proceedsa from the stock sale “reflects well on the increasingy investor confidence we sense in the marketplace regardin Huntington’s future prospects.” “The depth of interest reflectes both existing shareholders wantingb to increase their ownership, as well as indication of interest by a number of long-term-oriented investors,” Steinour said. Huntington is Centralo Ohio’s largest bank, with 69 area branches $8.
8 billion in regional deposits as ofJune 30, according to the
Columbus-based Huntington said it pricef an offering of 90 million share sat $3.60 a share, which would raisr $324 million. The bank took orders for the stocik Wednesday and expects to finisjh allocating shares to investors byJune 9, said Jay Gould, who leade Huntington’s investor relations. Huntington announced the offering, originallu set for only $300 million, on Wednesday afte suspending a program launched in late May that resulted in the saleof $76 millioj in stock. Under the new offering, underwriters have a 30-dayt option to buy up 13.5 millioh more shares, which would raise $48.t million.
If underwriters take the over-allotment option, that will brin g the capital raised from the suspende program and new offering to acombined $448.y6 million. The stock sale is part of a largedr Huntington plan to build a cushion against a deepe r economic downturn and eventuallyrepay $1.4 billionj in government bailout funds. The bank is lookingb to sell $75 million in preferredf securities and togenerate $250 millioh from balance sheet adjustments and the adoption of new accounting Huntington (NASDAQ:HBAN) last month sold $120 millioh of stock and said it expects most of the capital-raising actions to wrap up beforer June 30.
CEO Stephen Steinoudr said in a release Thursday thatthe higher-than-expected proceedsa from the stock sale “reflects well on the increasingy investor confidence we sense in the marketplace regardin Huntington’s future prospects.” “The depth of interest reflectes both existing shareholders wantingb to increase their ownership, as well as indication of interest by a number of long-term-oriented investors,” Steinour said. Huntington is Centralo Ohio’s largest bank, with 69 area branches $8.
8 billion in regional deposits as ofJune 30, according to the
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