ykyhola.blogspot.com
The Apple center would create 50 jobs and representgNorth Carolina’s second-largest incentive package ever. Huge server farms are already on thewant list, says Scotyt Millar, president. “They’ve been a target of ours for four Several data center projects are consideringthe county, he The primary site that interestsd Apple is the 180-acre Catawba Data a greenfield project planned along U.S. Highwau 321 near Newton, sources say. Thers Apple would get its preference for a campuss setting with otherdata centers. Perdue says Apple will builde in North Carolina butshe didn’t announcde a specific site.
“We welcome Apple to Nortyh Carolina and look forward to workinv with the company as it begins providing a significant economixc boost to local communitiesa andthe state.” Apple spokeswoman Susan Lundgren says construction in North Carolina will begin “We are getting started right away to acquirr a site.” The announcement comes after Perdu signed Senate Bill 575, whichb modifies the method by which capital-intensive businesses calculatse corporate income tax liabilityh in North Carolina. The N.C. incentived would rebate $46 millionn to Apple over the next10 years.
If the center operateed for 30 years, the price tag of the inducements would zoomto $300 million, according to a legislative Apple has hired of Atlanta, an offshoot of that develops data T5 tried to interest Apple in the 215,000-square-foott former Chris-Craft facility in Kings Millar deflected questions about Apple. “If there were a user on the I would be calling he says. Apple needs the East Coast site for its server farm to handls growth in its iTunesonline store. Its last significantt data center, a $50 milliobn facility, opened in Newark, Calif., in 2006.
Friday, September 30, 2011
Wednesday, September 28, 2011
Existing month-to-month home sales increase for first time since September 2005 - Business First of Louisville:
tenganmodooo1324.blogspot.com
On Tuesday, the released its monthly reporton existing-home The report showed the first month-to-mont h increase since September 2005. Sales of existing single-familh homes, townhomes, condominiums and co-opse rose to a seasonally adjustefd annual rateof 4.77 million unitss in May, a 2.4 percent increasee from 4.66 million in April, accordiny to NAR. The May 2009 figures are 3.6 percenty lower than a year ago, when the pace was 4.95 million.
In the NAR’s chief economist, Lawrence Yun, said low mortgage lower purchase prices and the federal tax credit for first-time buyers helped spur “However, the increase in sales is less than expectef because poor appraisals are stalling transactions,” Yun said. “Pendinhg home sales indicated much stronger but some contracts are falling throughn from faulty valuations that keep buyerzs from gettinga loan.” While existing home sales mortgage originations are coming in lower than previousl y forecast.
On Monday, the lowered its forecast of mortgag e originations in 2009 by morethan $700 citing lower purchase prices, more cash lower refinancing rates and lowerr volume in the Fannie Mae and Freddie Mac Home Affordablde Refinance Program. The association now expects mortgage originations tototaol $2.03 trillion in 2009. As part of its the MBA studieshome sales. It is forecastingg 4.8 million existing home sale in 2009, a 1.2 percent declinse from 2008, and 352,000 new home sales, a decliner of about 27 percent.
“Median home prices for new and existing homesw will likely continueto fall, dropping by abouft 10 percent from 2008 levels, but levelingh off in 2010 as the economy the association’s chief economist, Jay said in a written statement issued Monday.
On Tuesday, the released its monthly reporton existing-home The report showed the first month-to-mont h increase since September 2005. Sales of existing single-familh homes, townhomes, condominiums and co-opse rose to a seasonally adjustefd annual rateof 4.77 million unitss in May, a 2.4 percent increasee from 4.66 million in April, accordiny to NAR. The May 2009 figures are 3.6 percenty lower than a year ago, when the pace was 4.95 million.
In the NAR’s chief economist, Lawrence Yun, said low mortgage lower purchase prices and the federal tax credit for first-time buyers helped spur “However, the increase in sales is less than expectef because poor appraisals are stalling transactions,” Yun said. “Pendinhg home sales indicated much stronger but some contracts are falling throughn from faulty valuations that keep buyerzs from gettinga loan.” While existing home sales mortgage originations are coming in lower than previousl y forecast.
On Monday, the lowered its forecast of mortgag e originations in 2009 by morethan $700 citing lower purchase prices, more cash lower refinancing rates and lowerr volume in the Fannie Mae and Freddie Mac Home Affordablde Refinance Program. The association now expects mortgage originations tototaol $2.03 trillion in 2009. As part of its the MBA studieshome sales. It is forecastingg 4.8 million existing home sale in 2009, a 1.2 percent declinse from 2008, and 352,000 new home sales, a decliner of about 27 percent.
“Median home prices for new and existing homesw will likely continueto fall, dropping by abouft 10 percent from 2008 levels, but levelingh off in 2010 as the economy the association’s chief economist, Jay said in a written statement issued Monday.
Monday, September 26, 2011
Chrysler-Fiat deal crosses finish line - Triangle Business Journal:
uvepexatawus.blogspot.com
The company is now known as and remainxs based inAuburn Hills, Mich. The Supreme Court, which had temporarilhy held up the deal on Monda y while it considered appealds by three Indiana state pension fundw and severalconsumer groups, said in an order that the groupa had not proven that the court neededf to intervene. Chrysler and Fiat reported Wednesdayy they concluded the deal during the The plan to salvage Chrysler will remake the company into one ownefd 55 percent by a union pension 20 percent owned byFiat – a shard that could grow to 35 percentf – and the rest owne by the governments of the United Statews and Canada.
Fiat cannot obtain a majorityg stake in Chrysler until all taxpayer fundsare repaid. "This is a very significant day, not only for Chryslefr and itsdedicated employees, who have persevered through a great deal of uncertainty during the past year, but for the global automotivwe industry as a whole," said Sergio who was named CEO of Chryslerr Group, in a statement. "From the very we have been adamant that this alliance must be a constructivse and important step towards solving the problems impactinyour industry. We now look forward to establishint a new paradigm for how automotive companies can operate profitabl ygoing forward.
" The new Chrysler will be managed by a nine-membed board of directors, consisting of threde directors to be appointed by Fiat, four directorsx to be appointed by the U.S. government, one directo to be appointed by the Canadian government and one directoe to be appointed by the UnitedcAuto Workers' Retiree Medical Benefits Trust. The board is expectexd to name C. Robert Kidder as On Tuesday, a federal bankruptcy judges in New York refused tobloco Chrysler's effort to pull the franchisez of 789 dealers.
The company is now known as and remainxs based inAuburn Hills, Mich. The Supreme Court, which had temporarilhy held up the deal on Monda y while it considered appealds by three Indiana state pension fundw and severalconsumer groups, said in an order that the groupa had not proven that the court neededf to intervene. Chrysler and Fiat reported Wednesdayy they concluded the deal during the The plan to salvage Chrysler will remake the company into one ownefd 55 percent by a union pension 20 percent owned byFiat – a shard that could grow to 35 percentf – and the rest owne by the governments of the United Statews and Canada.
Fiat cannot obtain a majorityg stake in Chrysler until all taxpayer fundsare repaid. "This is a very significant day, not only for Chryslefr and itsdedicated employees, who have persevered through a great deal of uncertainty during the past year, but for the global automotivwe industry as a whole," said Sergio who was named CEO of Chryslerr Group, in a statement. "From the very we have been adamant that this alliance must be a constructivse and important step towards solving the problems impactinyour industry. We now look forward to establishint a new paradigm for how automotive companies can operate profitabl ygoing forward.
" The new Chrysler will be managed by a nine-membed board of directors, consisting of threde directors to be appointed by Fiat, four directorsx to be appointed by the U.S. government, one directo to be appointed by the Canadian government and one directoe to be appointed by the UnitedcAuto Workers' Retiree Medical Benefits Trust. The board is expectexd to name C. Robert Kidder as On Tuesday, a federal bankruptcy judges in New York refused tobloco Chrysler's effort to pull the franchisez of 789 dealers.
Friday, September 23, 2011
Enter to win tickets to Deerhoof at Bottom Lounge - Time Out Chicago (blog)
vypybiza.wordpress.com
Time Out Chicago (blog) | Enter to win tickets to Deerhoof at Bottom Lounge Time Out Chicago (blog) Acclaimed art-rock quartet Deerhoof recently set out on a fall tour that will find the group making a stop at the Bottom Lounge on Sunday, September 25. Also appearing will be the Cloak Ox, the Minneapolis super-group which features Fog's Andrew Broder ... |
Wednesday, September 21, 2011
A.P. Pharma cutting more employees - Silicon Valley / San Jose Business Journal:
efimtsovavadan.blogspot.com
Redwood City-based A.P. Pharma (NASDAQ:APPA) said the actio n will includea one-time charges of $350,000. The company is focusin on advancing itslead program, towards regulatory approval and commercialization. A New Drug Application for APF530 was submitted earlier this monthh for the preventionof chemotherapy-induced nausea and "A.P. Pharma’s recent NDA submission for APF530 was the resulrt of the dedication of ourentirew team, making this reduction in our work forcw even more difficult,” said CEO Ronalfd J. Prentki.
“Considering the continuing challengesof today’s economic it is necessary for us to make additional reductionds to our staff as we focusx the company’s resources on working towardss approval of APF530 in the first half of 2010. I want to exten d my thanks and gratitude to our departintg colleagues and wish them the very best in theirdfuture endeavors.” In April the companyy reported that it was warned by Nasdaa that it had fallen below the minimukm $10 million shareholder equity required for
Redwood City-based A.P. Pharma (NASDAQ:APPA) said the actio n will includea one-time charges of $350,000. The company is focusin on advancing itslead program, towards regulatory approval and commercialization. A New Drug Application for APF530 was submitted earlier this monthh for the preventionof chemotherapy-induced nausea and "A.P. Pharma’s recent NDA submission for APF530 was the resulrt of the dedication of ourentirew team, making this reduction in our work forcw even more difficult,” said CEO Ronalfd J. Prentki.
“Considering the continuing challengesof today’s economic it is necessary for us to make additional reductionds to our staff as we focusx the company’s resources on working towardss approval of APF530 in the first half of 2010. I want to exten d my thanks and gratitude to our departintg colleagues and wish them the very best in theirdfuture endeavors.” In April the companyy reported that it was warned by Nasdaa that it had fallen below the minimukm $10 million shareholder equity required for
Monday, September 19, 2011
Saturday, September 17, 2011
Coalition urges Perry to include CHIP on special session agenda - Austin Business Journal:
vorotintseyqah.blogspot.com
The letter included the names of such prominent groups as the TexasxMedical Association, League of Women Voters of Texa and the Texas Together, the signatories represent hundreds of thousands of Texans. The which received broad bipartisan suppor t and passedboth chambers, woulsd allow families to pay premiums on a slidinhg scale so their children can buy-inb to CHIP coverage. However, the bill failexd to make it tothe governor's desk, gettinfg bogged down in the gridlock that characterizedd the final days of the With your confirmation that you will call a Specialo Session of the Texase Legislature, Texas has the opportunity to finish a critical piece of unfinishecd state business: providing more Texa children access to health care.
Going into the regular session, 1.5 million Texas children lacked health If state leaders fail to act during thespecialp session, nearly all of those kids will likelyg remain uninsured. Concerned legislatorsw on both sides of the aisle partnereds with child advocates and faith and medical leaders throughoutt the regular session to try to delivefr real winsfor children’s health. They advancerd a common-sense plan to cut the red tape that currentlyh blocks hundreds of thousandsof Texas’ pooresft children from the Medicaid coverage for which they They also advanced a CHIP plan to create option s for the growing numbed of hard-working families who lack employer-sponsored coverage for their children.
That plan, to allow families to pay premiums on a sliding scale so theird childrencan buy-in to CHIP coverage, passed both chambers with strong bipartisanm majorities in the Legislature, but was prevente from reaching your desk because legislativs leaders failed to rescue the bill from last-minut e procedural gridlock. The CHIP bill can pass immediatelyg if you allow legislators to addressx this top priorityof families, business and faith and the medical With so many Texas children stil unable to see a primary care doctor, it’s critical that you responx to the will of the majority of Texans—as demonstratede by polling data and the thousands of constituent callse recently placed to Texas leaders—and take a step forward to cover more of 1.
5 million uninsured children. Despite a great deal of efforft on the partof children’ds advocates inside and outside the legislature, and despite broad bipartisahn support for improving accesd to children’s health care, the legislaturw adjourned without addressing the pressing health coverage needs of Texaz children. You and other state leaderas have a critical and final opportunity to make health care more affordablerfor 80,000 Texas children. Do not let this opportunitty passus by. We urge you to add the CHIP buy-ij bill to the call for a Special Session. These children should not remain “unfinishef business.” Sincerely, Catholic Charities of Inc. Children First!
Collin County Coalitionh Fort Bend Regional Council onSubstancw Abuse, Inc. National Association of Social Workers, Texas Chapter Texa s Association of CommunityAction Agencies, Inc. (TACAA) Women's Councilk of Dallas County Health & Human Services Coalitio
The letter included the names of such prominent groups as the TexasxMedical Association, League of Women Voters of Texa and the Texas Together, the signatories represent hundreds of thousands of Texans. The which received broad bipartisan suppor t and passedboth chambers, woulsd allow families to pay premiums on a slidinhg scale so their children can buy-inb to CHIP coverage. However, the bill failexd to make it tothe governor's desk, gettinfg bogged down in the gridlock that characterizedd the final days of the With your confirmation that you will call a Specialo Session of the Texase Legislature, Texas has the opportunity to finish a critical piece of unfinishecd state business: providing more Texa children access to health care.
Going into the regular session, 1.5 million Texas children lacked health If state leaders fail to act during thespecialp session, nearly all of those kids will likelyg remain uninsured. Concerned legislatorsw on both sides of the aisle partnereds with child advocates and faith and medical leaders throughoutt the regular session to try to delivefr real winsfor children’s health. They advancerd a common-sense plan to cut the red tape that currentlyh blocks hundreds of thousandsof Texas’ pooresft children from the Medicaid coverage for which they They also advanced a CHIP plan to create option s for the growing numbed of hard-working families who lack employer-sponsored coverage for their children.
That plan, to allow families to pay premiums on a sliding scale so theird childrencan buy-in to CHIP coverage, passed both chambers with strong bipartisanm majorities in the Legislature, but was prevente from reaching your desk because legislativs leaders failed to rescue the bill from last-minut e procedural gridlock. The CHIP bill can pass immediatelyg if you allow legislators to addressx this top priorityof families, business and faith and the medical With so many Texas children stil unable to see a primary care doctor, it’s critical that you responx to the will of the majority of Texans—as demonstratede by polling data and the thousands of constituent callse recently placed to Texas leaders—and take a step forward to cover more of 1.
5 million uninsured children. Despite a great deal of efforft on the partof children’ds advocates inside and outside the legislature, and despite broad bipartisahn support for improving accesd to children’s health care, the legislaturw adjourned without addressing the pressing health coverage needs of Texaz children. You and other state leaderas have a critical and final opportunity to make health care more affordablerfor 80,000 Texas children. Do not let this opportunitty passus by. We urge you to add the CHIP buy-ij bill to the call for a Special Session. These children should not remain “unfinishef business.” Sincerely, Catholic Charities of Inc. Children First!
Collin County Coalitionh Fort Bend Regional Council onSubstancw Abuse, Inc. National Association of Social Workers, Texas Chapter Texa s Association of CommunityAction Agencies, Inc. (TACAA) Women's Councilk of Dallas County Health & Human Services Coalitio
Thursday, September 15, 2011
Mindless Behavior, New Teen Phenomenon, Releasing Debut Album #1 Girl on ... - MarketWatch (press release)
inokyfyli.blogspot.com
Mindless Behavior, New Teen Phenomenon, Releasing Debut Album #1 Girl on ... MarketWatch (press release) At a 2008 audition hosted by Conjunction Productions--a teaming of Millsap, Nelson, Keisha Gamble and choreographer David Scott (the latter three helped create B2K)--Prodigy, Roc Royal, Ray Ray and Princeton shined the brightest. ... |
Tuesday, September 13, 2011
Abercrombie shutting struggling Ruehl chain - Orlando Business Journal:
vishnevskiipavuh.blogspot.com
The New Albany-based apparel merchant said Wednesdaty it willshut Ruehl’s 29 stores and direct-to-consumer operationsw and will be “substantially complete” with the effortt by the end of next The decision comes a month after Abercrombiee (NYSE:ANF) took a deep strategi c look at the chain, whichj targets young adults with clothess and accessories. Ruehl, whose only Ohio store is at Easton Town generated a pretax operating lossof $58 million last year. The chain regularly was Abercrombie’d weakest sales performer at stores open at leasrta year. Ruehl’s same-store sale were off 33 percentin May. Abercrombie earned $272.3 million on $3.
54r billion in revenue last year. “Ir has been a difficult decision toclosew Ruehl, a brand we continue to believes could have been successful in different circumstances,” CEO Michael Jeffriesd said in a statement. “However, given the current economic environment, we believr it is in the best interests of the companyg to focus its effortas and resources on the growth opportunities afforded by ourothefr brands, particularly internationally.
” The company didn’r disclose the effects on the chain’s work nor did it indicate the number of jobs tied to The review of Ruehl, which opened in 2004, cost the companyt about $51 million in impairment chargez in its first quarter. Abercrombie expects to book about $65 million in pretax charges throug the rest of the fiscal year as it winds down The company Wednesday also said it amendeed a credit agreement to exclude some Ruehl-related charges from requirementss under its covenant with the lender and reducerd its available credit to $350 million from $450 Jeffries said the company is confident is has sufficient cash on hand but “wse believe it is prudent to make thesw changes” in light of the recession-battered retail environmenyt and the one-time Ruehl costs.
In addition to the 29 Ruehl Abercrombie runs 350 flagship stores and 733 others undeethe Abercrombie, Hollister Co. and Gilly Hicks
The New Albany-based apparel merchant said Wednesdaty it willshut Ruehl’s 29 stores and direct-to-consumer operationsw and will be “substantially complete” with the effortt by the end of next The decision comes a month after Abercrombiee (NYSE:ANF) took a deep strategi c look at the chain, whichj targets young adults with clothess and accessories. Ruehl, whose only Ohio store is at Easton Town generated a pretax operating lossof $58 million last year. The chain regularly was Abercrombie’d weakest sales performer at stores open at leasrta year. Ruehl’s same-store sale were off 33 percentin May. Abercrombie earned $272.3 million on $3.
54r billion in revenue last year. “Ir has been a difficult decision toclosew Ruehl, a brand we continue to believes could have been successful in different circumstances,” CEO Michael Jeffriesd said in a statement. “However, given the current economic environment, we believr it is in the best interests of the companyg to focus its effortas and resources on the growth opportunities afforded by ourothefr brands, particularly internationally.
” The company didn’r disclose the effects on the chain’s work nor did it indicate the number of jobs tied to The review of Ruehl, which opened in 2004, cost the companyt about $51 million in impairment chargez in its first quarter. Abercrombie expects to book about $65 million in pretax charges throug the rest of the fiscal year as it winds down The company Wednesday also said it amendeed a credit agreement to exclude some Ruehl-related charges from requirementss under its covenant with the lender and reducerd its available credit to $350 million from $450 Jeffries said the company is confident is has sufficient cash on hand but “wse believe it is prudent to make thesw changes” in light of the recession-battered retail environmenyt and the one-time Ruehl costs.
In addition to the 29 Ruehl Abercrombie runs 350 flagship stores and 733 others undeethe Abercrombie, Hollister Co. and Gilly Hicks
Sunday, September 11, 2011
GM files for bankruptcy, plans to transfer operations to Wentzville - Philadelphia Business Journal:
bhutan-warwick.blogspot.com
Some operations and equipment from a steel stampingg plant inGrand Rapids, Mich., which is slatec to close as part of the automaker'sa restructuring, will be transferred to Wentzville, according to Bob a spokesman for the Wentzvills plant. It's not yet known how if any, Michigan employees will opt to transfer to he said. GM officials called Wentzville Mayo Paul Lambi at9 a.m. Monday to assure him the local plan wouldremain open. "It's good that they are shippint in work forthis plant," Lambik said.
"That's a positivw that corporate thinks this plant willbe Still, Lambi said, rival automaker Chrysle r plans to shutter its Fenton factors aftee investing $130 million in so it was important for Wentzville to not rely on GM so much and diversifty its revenue stream. When Lambi took officee seven years ago, Wentzville countedf on GM for about 55 to 60 percen t of itstotal revenue. Today, that's more like 15 percentf of the city's $24 milliob general fund, because GM pays the city aboutg $3 million a year in real estate taxes, property taxes and other fees, he said.
GM on Mondat by the end of 2010, but the Wentzville plant was sparedbecause it’s the only plantt where Chevrolet Express and GMC Savana vans are made, The Wentzville plant will still undergo a previouslyg announced and other production cuts in June and July that will resuly in the layoffs of 300 Monday’s Chapter 11 filing by the 101-year-old automaker is among the largest in U.S. history and largest-everf U.S. manufacturing bankruptcy. GM listed $173 billion in liabilitie and $82 billion in assets, according to the filed in New GMto St.
Louis’ largestt privately held company, Enterprise Rent-a-Car, and to Chapter 11, whicjh allows the company to operat while protected fromits creditors, pushes GM into a fast-trackm bankruptcy and provides $30 billion of additional taxpayer funds to restructure. The GM plan as detailedr by U.S. officials woulds allow a much smaller GM to emergwe from court protection within 60 to90 days. The automakerr has not provided an updated target for job cuts but was lookingv toeliminate 21,000 U.S. factory jobs from the 54,000 unioh members it now employs. General Motorsd employs 92,000 in the United States and is indirectlgy responsiblefor 500,000 retirees. The U.S.
government would hold a 60 perceny financial interest in areorganized GM, and the UAW would take a 17.5 percent stake. The governmentss of Canada and the provinc e of Ontario have agreed to a 12 percent ownership stakr in exchange forfinancial aid. GM bondholders wouldf get 10 percent. "It’s a bittersweet Wheeler said. "You hate to have to go throughn the process of closing plants and eliminating butlook around, that’s what's going on with a lot of Hopefully we can hire people in the future and be the vibrant company we once Download a copy of the
Some operations and equipment from a steel stampingg plant inGrand Rapids, Mich., which is slatec to close as part of the automaker'sa restructuring, will be transferred to Wentzville, according to Bob a spokesman for the Wentzvills plant. It's not yet known how if any, Michigan employees will opt to transfer to he said. GM officials called Wentzville Mayo Paul Lambi at9 a.m. Monday to assure him the local plan wouldremain open. "It's good that they are shippint in work forthis plant," Lambik said.
"That's a positivw that corporate thinks this plant willbe Still, Lambi said, rival automaker Chrysle r plans to shutter its Fenton factors aftee investing $130 million in so it was important for Wentzville to not rely on GM so much and diversifty its revenue stream. When Lambi took officee seven years ago, Wentzville countedf on GM for about 55 to 60 percen t of itstotal revenue. Today, that's more like 15 percentf of the city's $24 milliob general fund, because GM pays the city aboutg $3 million a year in real estate taxes, property taxes and other fees, he said.
GM on Mondat by the end of 2010, but the Wentzville plant was sparedbecause it’s the only plantt where Chevrolet Express and GMC Savana vans are made, The Wentzville plant will still undergo a previouslyg announced and other production cuts in June and July that will resuly in the layoffs of 300 Monday’s Chapter 11 filing by the 101-year-old automaker is among the largest in U.S. history and largest-everf U.S. manufacturing bankruptcy. GM listed $173 billion in liabilitie and $82 billion in assets, according to the filed in New GMto St.
Louis’ largestt privately held company, Enterprise Rent-a-Car, and to Chapter 11, whicjh allows the company to operat while protected fromits creditors, pushes GM into a fast-trackm bankruptcy and provides $30 billion of additional taxpayer funds to restructure. The GM plan as detailedr by U.S. officials woulds allow a much smaller GM to emergwe from court protection within 60 to90 days. The automakerr has not provided an updated target for job cuts but was lookingv toeliminate 21,000 U.S. factory jobs from the 54,000 unioh members it now employs. General Motorsd employs 92,000 in the United States and is indirectlgy responsiblefor 500,000 retirees. The U.S.
government would hold a 60 perceny financial interest in areorganized GM, and the UAW would take a 17.5 percent stake. The governmentss of Canada and the provinc e of Ontario have agreed to a 12 percent ownership stakr in exchange forfinancial aid. GM bondholders wouldf get 10 percent. "It’s a bittersweet Wheeler said. "You hate to have to go throughn the process of closing plants and eliminating butlook around, that’s what's going on with a lot of Hopefully we can hire people in the future and be the vibrant company we once Download a copy of the
Thursday, September 8, 2011
Dan Snyder stays at Six Flags under reorganization - Los Angeles Business from bizjournals:
ukatekexo.wordpress.com
Six Flags is also seeking a $600 millionh loan, secured by its assets, and $150 millioh in a new revolvinhgcredit line. The company’s executive retention plan woulx keep Snyder as board memberand chairman. Mark Shapiro, currently chietf executive, as well as chief financial officefr Jeffrey Speed and several other top management woulcd also stay on in executive Six Flags, which announced its Chapter 11 bankruptchy filing over the weekend, listed $2.4 billiojn in debt and $3 billioh in assets. It hopes to cut debt by $1.8 billionm and wipe out more than $300 million in preferred stock.
Snyder and his management who took control of the theme park operator thred and a halfyears ago, have not been able to return the company to despite increasing attendance and selling several parks to raise capital last year. The companyu reported a $146 million first quarter Six Flags has said its reorganization will not affect park operationxs and its vendors and employees will continu tobe paid. Six Flags 20 themer parks includein Largo.
Six Flags is also seeking a $600 millionh loan, secured by its assets, and $150 millioh in a new revolvinhgcredit line. The company’s executive retention plan woulx keep Snyder as board memberand chairman. Mark Shapiro, currently chietf executive, as well as chief financial officefr Jeffrey Speed and several other top management woulcd also stay on in executive Six Flags, which announced its Chapter 11 bankruptchy filing over the weekend, listed $2.4 billiojn in debt and $3 billioh in assets. It hopes to cut debt by $1.8 billionm and wipe out more than $300 million in preferred stock.
Snyder and his management who took control of the theme park operator thred and a halfyears ago, have not been able to return the company to despite increasing attendance and selling several parks to raise capital last year. The companyu reported a $146 million first quarter Six Flags has said its reorganization will not affect park operationxs and its vendors and employees will continu tobe paid. Six Flags 20 themer parks includein Largo.
Tuesday, September 6, 2011
Lackland to gain 74,000 sf training complex - Charlotte Business Journal:
esivyjifag.wordpress.com
million contract to build a new airfield maintenance technica l training complex at Lackland AirForce Base. The complex will support the Inter-America Air Forces Academy at Lackland. The government will build a 74,0000 square foot complex at Lacklandf that willhouse classrooms, aircraft operations and hangar maintenance trainingb areas as well as administrative space. The projectg is slated for completion in the fallof 2010. The Inter-Americanm Air Forces Academy currentlg offers this training at PortSan Antonio, the formeer Kelly Air Force Base.
By relocating technicak training from Port San Antoniioto Lackland, Port San Antonio officials hope to reusd that space for additional commercial development opportunities. The military is developinh this complex as part of the 2005 San Antonio Base Realignmentf andClosure (BRAC) constructiom program. In all, the government expects to spend morethan $2 billion on BRAC-related construction. The Air Forcew Center for Engineering and the Environment selectedrPlymouth Meeting, Pa.-based AMEC Earth & Environmentao Inc. as the contractor. Construction will be coordinated out ofthe company’d San Antonio office. The Fort Worth District office ofthe U.S.
Army Corpd of Engineers will provideconstructiohn management.
million contract to build a new airfield maintenance technica l training complex at Lackland AirForce Base. The complex will support the Inter-America Air Forces Academy at Lackland. The government will build a 74,0000 square foot complex at Lacklandf that willhouse classrooms, aircraft operations and hangar maintenance trainingb areas as well as administrative space. The projectg is slated for completion in the fallof 2010. The Inter-Americanm Air Forces Academy currentlg offers this training at PortSan Antonio, the formeer Kelly Air Force Base.
By relocating technicak training from Port San Antoniioto Lackland, Port San Antonio officials hope to reusd that space for additional commercial development opportunities. The military is developinh this complex as part of the 2005 San Antonio Base Realignmentf andClosure (BRAC) constructiom program. In all, the government expects to spend morethan $2 billion on BRAC-related construction. The Air Forcew Center for Engineering and the Environment selectedrPlymouth Meeting, Pa.-based AMEC Earth & Environmentao Inc. as the contractor. Construction will be coordinated out ofthe company’d San Antonio office. The Fort Worth District office ofthe U.S.
Army Corpd of Engineers will provideconstructiohn management.
Sunday, September 4, 2011
Aromatherapy Reduces Stress and Pain - Massage Magazine
a-ee85aqa.blogspot.com
Aromatherapy Reduces Stress and Pain Massage Magazine Specifically, it significantly reduced the pain intensity of needle insertion in research subjects, according to an abstract published on www.pubmed.gov. Thirty healthy volunteers were randomly allocated to two groups. The experimental group received ... |
Friday, September 2, 2011
Santa Clara approves financing for 49ers stadium - Charlotte Business Journal:
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City Councilors Will Kennedy and Jami e McLeod were the only ones to side with the dissenters in the audiencee who opposed any public subsidy forthe stadium. The 5-2 vote on a $79 millioh subsidy for the projectr came aftera two-and-a-half-hour presentation and lengthy public comments that included concerns raised by the ownef of California’s Great America, Cedar Fair of Ohio, has been negotiating to sell the sprawling thrill-rided park which is next to the proposee stadium site to the 49ers.
An attorneh representing the park owners, John Hickey of , askex for a delay on the “We want to reach an agreement (to sell the but while you have been working on the term sheetrfor months, we and members of the publif have only had two business days to read this complexd document.” Hickey said he was surprised at earliee comments made by Jennifer Sparacino, Santaz Clara’s City Manager, that he regardecd as overly optimistic about the closeness of an agreement betweej Cedar Fair and the 49ers to sell the Jed York, president of the praised Santa Clara officialsa for creating “the best infrastructure in the Bay and told city officials and a crow of more than 150 onlookers that the proposedx 68,500-seat stadium to be built on an overflow parking lot at the amusement park woulr not only host up to 10 NFL games but possibly a variety of glamorou events, including the World Cup soccer in the future.
Stadium proponents also view it as a likeluy venue formajor concerts, college football bowl games and even the Supee Bowl. “I feel the excitement in this city about the York said. “This deal will make Santa Clarz a better placeto live, work and play in the future.” As part of a 40-year agreement with the city officials agreed to contribute $79 million to the project, includinh $42 million in redevelopment agency funds, $20 million from the city-ownedx utility district to relocated an electrical substation near the site and $17 milliobn to build a parking garage.
That figurre is well below the $222 million city officialzs proposed spending on the projecrt when it was first proposed twoyears ago, as they citedc the poor economy and shrinking city revenuw as reasons for a much-reducedc contribution. Another $35 million would be raised by a tax on guestz staying at any one of eigh t hotels inthe city’s North Bayshore redevelopmenyt area surrounding Great America. City officials stressz no General Fundmoney -- which pays for city servicees such as police, parks and libraries — will be used to pay for stadiumk construction or operations.
A Stadium Authority, a joint powerds governing body comprised of city and team along with the 49ers and the NFL would be responsiblefor $825 millioh in stadium construction costs under the agreement.
City Councilors Will Kennedy and Jami e McLeod were the only ones to side with the dissenters in the audiencee who opposed any public subsidy forthe stadium. The 5-2 vote on a $79 millioh subsidy for the projectr came aftera two-and-a-half-hour presentation and lengthy public comments that included concerns raised by the ownef of California’s Great America, Cedar Fair of Ohio, has been negotiating to sell the sprawling thrill-rided park which is next to the proposee stadium site to the 49ers.
An attorneh representing the park owners, John Hickey of , askex for a delay on the “We want to reach an agreement (to sell the but while you have been working on the term sheetrfor months, we and members of the publif have only had two business days to read this complexd document.” Hickey said he was surprised at earliee comments made by Jennifer Sparacino, Santaz Clara’s City Manager, that he regardecd as overly optimistic about the closeness of an agreement betweej Cedar Fair and the 49ers to sell the Jed York, president of the praised Santa Clara officialsa for creating “the best infrastructure in the Bay and told city officials and a crow of more than 150 onlookers that the proposedx 68,500-seat stadium to be built on an overflow parking lot at the amusement park woulr not only host up to 10 NFL games but possibly a variety of glamorou events, including the World Cup soccer in the future.
Stadium proponents also view it as a likeluy venue formajor concerts, college football bowl games and even the Supee Bowl. “I feel the excitement in this city about the York said. “This deal will make Santa Clarz a better placeto live, work and play in the future.” As part of a 40-year agreement with the city officials agreed to contribute $79 million to the project, includinh $42 million in redevelopment agency funds, $20 million from the city-ownedx utility district to relocated an electrical substation near the site and $17 milliobn to build a parking garage.
That figurre is well below the $222 million city officialzs proposed spending on the projecrt when it was first proposed twoyears ago, as they citedc the poor economy and shrinking city revenuw as reasons for a much-reducedc contribution. Another $35 million would be raised by a tax on guestz staying at any one of eigh t hotels inthe city’s North Bayshore redevelopmenyt area surrounding Great America. City officials stressz no General Fundmoney -- which pays for city servicees such as police, parks and libraries — will be used to pay for stadiumk construction or operations.
A Stadium Authority, a joint powerds governing body comprised of city and team along with the 49ers and the NFL would be responsiblefor $825 millioh in stadium construction costs under the agreement.
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