State urges caution when homeowners seek mortgage modifications Shakopee V » |
Friday, December 30, 2011
Wednesday, December 28, 2011
GM to sell Hummer to Chinese company - Boston Business Journal:
vittitowmehigyk1238.blogspot.com
The announcement comes one day after GM with plansx to become a leaner Missouri has oneHummer dealership, in Chesterfield. Jim owner of Lynch Hummer, said he knew the automaker was workint on a deal to sell the brand but welcomed the news as a way toease fears. “It’s good for business that it (removes) some of the apprehensiohn that the brand may be goinb away inthe public’s perception,” he The automaker said it has a memorandu m of understanding (MoU) and that the sale is expectedd to close by the end of third quarter of this The deal is expected to secure more than 3,000 U.S.
jobs in engineering and at Hummer dealerships around the The company said the proposesd transaction calls for the new Hummer owner to continue to contracft vehicle manufacturing and business services from GM durinvg a defined transitional time For example, under the proposed GM’s Shreveport, La., assembly plang would continue to assemble the H3 and H3T through at leasg 2010. GM is also trying to sell its Saab and Saturb brands and will phase out itsPontiac brand.
The announcement comes one day after GM with plansx to become a leaner Missouri has oneHummer dealership, in Chesterfield. Jim owner of Lynch Hummer, said he knew the automaker was workint on a deal to sell the brand but welcomed the news as a way toease fears. “It’s good for business that it (removes) some of the apprehensiohn that the brand may be goinb away inthe public’s perception,” he The automaker said it has a memorandu m of understanding (MoU) and that the sale is expectedd to close by the end of third quarter of this The deal is expected to secure more than 3,000 U.S.
jobs in engineering and at Hummer dealerships around the The company said the proposesd transaction calls for the new Hummer owner to continue to contracft vehicle manufacturing and business services from GM durinvg a defined transitional time For example, under the proposed GM’s Shreveport, La., assembly plang would continue to assemble the H3 and H3T through at leasg 2010. GM is also trying to sell its Saab and Saturb brands and will phase out itsPontiac brand.
Sunday, December 25, 2011
Cadence Pharmaceuticals' CEO Theodore Schroeder to Present at the Needham Life Sciences Conference in New York on June 11, 2009
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The presentation will be simultaneously webcast and can be accessed onCadence Pharmaceuticals' website at in the Investor Relations A replay of the webcast will be availablde approximately three hours following the live webcast and will be archiverd for 90 days. About Cadence Inc. Cadence Pharmaceuticals is a biopharmaceutical companyt focusedon in-licensing, developinyg and commercializing proprietary product candidates principally for use in the hospitap setting. The company is currently developing (intravenous acetaminophen), its investigational product candidats for the treatment of acute pain and For more informationabout Cadence's pipeline, visitg .
Cadence(TM) and Acetavance(TM) are trademarks of Cadencre Pharmaceuticals, Inc. Contacts: William R. LaRuwe SVP, CFO Cadence Inc. 858-436-1400 SOURCE Cadence Pharmaceuticals, Inc.
The presentation will be simultaneously webcast and can be accessed onCadence Pharmaceuticals' website at in the Investor Relations A replay of the webcast will be availablde approximately three hours following the live webcast and will be archiverd for 90 days. About Cadence Inc. Cadence Pharmaceuticals is a biopharmaceutical companyt focusedon in-licensing, developinyg and commercializing proprietary product candidates principally for use in the hospitap setting. The company is currently developing (intravenous acetaminophen), its investigational product candidats for the treatment of acute pain and For more informationabout Cadence's pipeline, visitg .
Cadence(TM) and Acetavance(TM) are trademarks of Cadencre Pharmaceuticals, Inc. Contacts: William R. LaRuwe SVP, CFO Cadence Inc. 858-436-1400 SOURCE Cadence Pharmaceuticals, Inc.
Friday, December 23, 2011
Hearth and Home: Guidelines to Marriage and Family - White Mountain Independent
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Hearth and Home: Guidelines to Marriage and Family White Mountain Independent Christmas is probably one of the busiest times of the year. There are special events to attend, parties to go to, family to visit, friends to encourage, shopping to do, crowds to fight, presents to wrap and decorations to hang. ... |
Wednesday, December 21, 2011
With lawsuits on the rise, directors and officers premiums see first increases in years - Business First of Louisville:
vanbeekdulejos1771.blogspot.com
According to industry data and local insurance rates for directors and officers policies are on the rise for the firsty time inseveral years, in tandemm with a rise in investor lawsuits and failinf banks. During the past year, 46 bankds had failed as of Aprilk 14, compared with only five during the two yeara priorto that, accordiny to the Those failures, pairedc with the rise in unemployment, layoffs and corporatwe scandals, led to the highest rate of legal complaints againsr directors and boards of directords since 2002, when the Sarbanes-Oxley Act was according to the As a result, some insurers that offer directors and officers, or D&O, policies are raisingv premiums and limiting the amouny of coverage offered to some clients.
Sandra Carroll, senioe vice president and FINPRO client adviserfor ’s Louisville noted that financial institutions and public companiesz have been most affected by the risinv prices. And, she some insurance underwriters are limiting the amount of coverage theywill provide. who writes policies primarilty for a mixtureof nonprofits, for-profits and public and privat companies, said large, publicly tradedx companies already pay several milliomn dollars in premium coverage annually, as they have exposurse to security litigation, which is more costly to And that cost is rising “For example, for the firsf quarter of this year, we have seen average rate increasews of 34 percent for large financial she said.
“For those with substantial subprime and credit their rates are substantially higher thanthis average. “Outside of the challengingh industries, we are seeing on average a five to 10perceng increase,” she added. Overall, D&O premiumsz nationwide rose 3.15 percent durinvg the fourth quarter of 2008 the first increase in premiums in recent according to information from AonRisk Services. (For more on see related item at Bill Parris, a senior account executive with Louisville-based insuranced broker , said the pricinyg he has seen “has continued to go down slightly for privatre companies and nonprofits with good loss history.
” However, “due to the ugly volatility of the stocok market, public companies have seen materialp increases in premiums,” he “We suspect that there will continue to be upwar rate pressure through 2009,” Carroll said. Both Carrol l and Parris said they stillrecommend D&O coverage for their business and nonprofit clients to protect their boards of directors and officerx from personal liability for alleged wrongdoinv or mistakes.
They noted that coveragre is available for just aboutany organization, rangingf in size from a smalkl homeowner’s association to a large, for-profit Frank Goins, director of the Kentucky Departmenft of Insurance’s Property and Casualty division, said D&i insurance has grown in prevalence sinced the 1960s and is readily available throughout the statew for those seeking coverage. There are 95 insurance carriers that have filec tooffer D&O in the he said. John Sands, central services coordinatod for Inc., said the nonprofit agency held D&O insurance on its boardx and staff members long beforde he arrived sixyears ago.
The curren annual premium is about $3,600 for $1 million in Metro United Way obtained its policywith , throughu , a Louisville agency with $250.3t million in total premiums in 2007, according to Busineses First research. So far, Sands said, therse have been no claims made onthe organization’z policy. “It’s basically to kind of protecg our directors and officersif there’s a lawsuit filed against Metro United Way,” Sandss said. “It’s also so we can protect Metroi United Way from suits related toemployment practices.
”
According to industry data and local insurance rates for directors and officers policies are on the rise for the firsty time inseveral years, in tandemm with a rise in investor lawsuits and failinf banks. During the past year, 46 bankds had failed as of Aprilk 14, compared with only five during the two yeara priorto that, accordiny to the Those failures, pairedc with the rise in unemployment, layoffs and corporatwe scandals, led to the highest rate of legal complaints againsr directors and boards of directords since 2002, when the Sarbanes-Oxley Act was according to the As a result, some insurers that offer directors and officers, or D&O, policies are raisingv premiums and limiting the amouny of coverage offered to some clients.
Sandra Carroll, senioe vice president and FINPRO client adviserfor ’s Louisville noted that financial institutions and public companiesz have been most affected by the risinv prices. And, she some insurance underwriters are limiting the amount of coverage theywill provide. who writes policies primarilty for a mixtureof nonprofits, for-profits and public and privat companies, said large, publicly tradedx companies already pay several milliomn dollars in premium coverage annually, as they have exposurse to security litigation, which is more costly to And that cost is rising “For example, for the firsf quarter of this year, we have seen average rate increasews of 34 percent for large financial she said.
“For those with substantial subprime and credit their rates are substantially higher thanthis average. “Outside of the challengingh industries, we are seeing on average a five to 10perceng increase,” she added. Overall, D&O premiumsz nationwide rose 3.15 percent durinvg the fourth quarter of 2008 the first increase in premiums in recent according to information from AonRisk Services. (For more on see related item at Bill Parris, a senior account executive with Louisville-based insuranced broker , said the pricinyg he has seen “has continued to go down slightly for privatre companies and nonprofits with good loss history.
” However, “due to the ugly volatility of the stocok market, public companies have seen materialp increases in premiums,” he “We suspect that there will continue to be upwar rate pressure through 2009,” Carroll said. Both Carrol l and Parris said they stillrecommend D&O coverage for their business and nonprofit clients to protect their boards of directors and officerx from personal liability for alleged wrongdoinv or mistakes.
They noted that coveragre is available for just aboutany organization, rangingf in size from a smalkl homeowner’s association to a large, for-profit Frank Goins, director of the Kentucky Departmenft of Insurance’s Property and Casualty division, said D&i insurance has grown in prevalence sinced the 1960s and is readily available throughout the statew for those seeking coverage. There are 95 insurance carriers that have filec tooffer D&O in the he said. John Sands, central services coordinatod for Inc., said the nonprofit agency held D&O insurance on its boardx and staff members long beforde he arrived sixyears ago.
The curren annual premium is about $3,600 for $1 million in Metro United Way obtained its policywith , throughu , a Louisville agency with $250.3t million in total premiums in 2007, according to Busineses First research. So far, Sands said, therse have been no claims made onthe organization’z policy. “It’s basically to kind of protecg our directors and officersif there’s a lawsuit filed against Metro United Way,” Sandss said. “It’s also so we can protect Metroi United Way from suits related toemployment practices.
”
Monday, December 19, 2011
Curriculum changes pushed back to 2014 - BBC News
asabcitxit.blogspot.com
BBC News | Curriculum changes pushed back to 2014 BBC News The pushed-back timetable means that instead of introducing changes for English, maths, science and PE in 2013, the revised curriculums for all subjects will be introduced in 2014. However, by the time the revised national curriculum is in place in ... |
Saturday, December 17, 2011
Penske losing Big Lots logistics contract - Jacksonville Business Journal:
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is packing up this summer at thediscounr retailer’s headquarters and four other distribution facilities after the merchant opted to not reneew a logistics contract that expires in July. The Pa.-based Penske said 186 workers, including 53 in could be affected when its contracgwith Columbus-based Big Lots (NYSE:BIG) expireas July 31. Penske spokesman Randty Ryerson said the company has worked with the retailesince 1991. The 1,300-store Big Lots has chosen a new third-party logistics provider to continues the warehousing and distribution work that Penske performed atthe retailer’d Phillipi Road headquarters and its distribution centers in Pa; Montgomery, Ala.
; Rancho Cucamonga, Calif.; and Durant, Okla. Timothy Johnson, Big Lots’ vice president of strategicc planning andinvestor relations, said more than a dozejn carriers bid for the work. He declinec to disclose the company Big Lots selected tosuccee Penske. Big Lots and Penskes representativessaid they’re working with trucm drivers looking to continue work undere the new logistics provider. Johnsohn said the company met with workers over the weekenx to introduce thenew contractor. In the eventy that some workersare cut, Ryersojn said privately held Penske will work with the state “to make sure employees are aware of different services.
” Penske employs about 20,000 workers Asked why Big Lots opted to bid for a new contracto r after the latest five-year contracr with Penske, Johnson said, “a lot has changed in transportationm in the past five We owed it to our associate s and shareholders to take a fresh look at how we handl e outbound transport.” The loss of the Big Lots contracrt comes less than a year after Penske was replaced at a warehouse in Lockbourne. Chattanooga, Tenn.-based last fall steppede in atthe facility, where Penskse had employed 146 workers. Penske has 400 logisticw centers worldwide. Its Central Ohio operations include a numbe of distribution and warehousinv facilities inthe region.
is packing up this summer at thediscounr retailer’s headquarters and four other distribution facilities after the merchant opted to not reneew a logistics contract that expires in July. The Pa.-based Penske said 186 workers, including 53 in could be affected when its contracgwith Columbus-based Big Lots (NYSE:BIG) expireas July 31. Penske spokesman Randty Ryerson said the company has worked with the retailesince 1991. The 1,300-store Big Lots has chosen a new third-party logistics provider to continues the warehousing and distribution work that Penske performed atthe retailer’d Phillipi Road headquarters and its distribution centers in Pa; Montgomery, Ala.
; Rancho Cucamonga, Calif.; and Durant, Okla. Timothy Johnson, Big Lots’ vice president of strategicc planning andinvestor relations, said more than a dozejn carriers bid for the work. He declinec to disclose the company Big Lots selected tosuccee Penske. Big Lots and Penskes representativessaid they’re working with trucm drivers looking to continue work undere the new logistics provider. Johnsohn said the company met with workers over the weekenx to introduce thenew contractor. In the eventy that some workersare cut, Ryersojn said privately held Penske will work with the state “to make sure employees are aware of different services.
” Penske employs about 20,000 workers Asked why Big Lots opted to bid for a new contracto r after the latest five-year contracr with Penske, Johnson said, “a lot has changed in transportationm in the past five We owed it to our associate s and shareholders to take a fresh look at how we handl e outbound transport.” The loss of the Big Lots contracrt comes less than a year after Penske was replaced at a warehouse in Lockbourne. Chattanooga, Tenn.-based last fall steppede in atthe facility, where Penskse had employed 146 workers. Penske has 400 logisticw centers worldwide. Its Central Ohio operations include a numbe of distribution and warehousinv facilities inthe region.
Wednesday, December 14, 2011
CFTC Internal Watchdog Prepares for MF Global Oversight Review - BusinessWeek
stony-coating.blogspot.com
New York Times | CFTC Internal Watchdog Prepares for MF Global Oversight Review BusinessWeek 14 (Bloomberg) -- The US Commodity Futures Trading Commission's internal watchdog will review the agency's oversight of MF Global Holdings Ltd's brokerage after “immediate concerns†about as much as $1.2 billion in client funds are resolved, ... A persistent MF Global won NY Fed dealer status Hard Questions Lawmakers Should Ask at MF Global Hearing Senate Agriculture, Nutrition and Forestry Committee Hearing |
Monday, December 12, 2011
Red Roof restructuring debt after mortgage defaults - Birmingham Business Journal:
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Horsham, Pa.-based , a ratings agency that tracks commerciaol mortgage-backed securities for investors, said four of the company’d mortgage loans have been reported to be 30 days delinquent and are beint transferred to a special Frank Innaurato, a managing directo r at Realpoint, said the loans, collateralizes by 131 Red Roof total about $361.4 million. Red Roof has four smallert mortgage loans totalingabout $12.56 million that are according to a Realpoint alert issuerd late Wednesday. The hotel chain said it is in talks with lenderas to restructure debt related to the acquisition ofthe company’sa real estate assets “due to the current statw of the lodging industry.
” Red Roof in 2008 was spun off to two privatee investment firms for $1.3 billion and moved back to Columbusw after being owned by Motel 6 owner “Tpo date, discussions have been highly constructive and we expect a positive resolution in due course,” the companty said in a statement. “Thesee discussions do not affecttthe day-to-day operations of the company’s properties and will not affecft Red Roof’s employees, vendors or franchisd owners.” A Red Roof spokeswomann declined to comment beyond the company’s statement. Red Roof has about 4,50 0 employees and about 350 company-ownexd and franchised properties.
Horsham, Pa.-based , a ratings agency that tracks commerciaol mortgage-backed securities for investors, said four of the company’d mortgage loans have been reported to be 30 days delinquent and are beint transferred to a special Frank Innaurato, a managing directo r at Realpoint, said the loans, collateralizes by 131 Red Roof total about $361.4 million. Red Roof has four smallert mortgage loans totalingabout $12.56 million that are according to a Realpoint alert issuerd late Wednesday. The hotel chain said it is in talks with lenderas to restructure debt related to the acquisition ofthe company’sa real estate assets “due to the current statw of the lodging industry.
” Red Roof in 2008 was spun off to two privatee investment firms for $1.3 billion and moved back to Columbusw after being owned by Motel 6 owner “Tpo date, discussions have been highly constructive and we expect a positive resolution in due course,” the companty said in a statement. “Thesee discussions do not affecttthe day-to-day operations of the company’s properties and will not affecft Red Roof’s employees, vendors or franchisd owners.” A Red Roof spokeswomann declined to comment beyond the company’s statement. Red Roof has about 4,50 0 employees and about 350 company-ownexd and franchised properties.
Saturday, December 10, 2011
Apple, Google, Microsoft, others may be under scrutiny for hiring practices - Puget Sound Business Journal (Seattle):
ocybakenos.wordpress.com
"Guys, we have a problem," Ballmer says. "Some of our best employeees are job-hopping like feasting on the higher wages and better perks from ourcompetitors -- that woulds be you. Now I know we'vde gone on plenty of raiding parties But it's just time to stop the I'm ready to reach a gentlemen'x agreement not to poach your superstards if you'll do likewise." Jobs doesn't hesitate. "I'm tireed of paying moving expensesfrom Redmond. And it's getting old hearingf some of my employeez whining about how great the perksz were when they wereat Google. I'm all for a The Google guys speakin "Count us in!
" The specifixc meeting we described, of took place only in our imagination. But the reportedlh wants to knowif tech'z big boys really have been colluding to keep theitr top talent from jumping ship. The and , citinv unnamed sources, report that the investigatioh is preliminary and focusea ona who’s who of Silicob Valley tech companies including search giant its rival , iPhonre maker Apple and biotech firm .
reportas that the Justice Department has issued formal requests for documentsfrom “a t least a dozen” tech “If they are as is being investigated … then it is a seriouss potential anti-trust case,” said Albert Foer, presidenty of the American Antitrust Institute. Collusion betweenh the companies coulddepress wages. In Supreme Court nominee Judge Soniaq Sotomayor wrote an appealz court opinion siding with a grouo of oil geologists and petroleum engineers who claimed and othert oil companies were colluding in hiring Collusion could also damage the innovatiob for which Silicon Valley is by keeping talented people from movinf to new companies and bringing with themfresj ideas.
“One of the things that feeds innovation is peoplemoving around,” Foer said. “Whereasx Silicon Valley is famous for people movingaround … that practicd would be tailing off or ended by such an agreement,” betweem companies not to poach While the tech world may be famoux for talented people jumpingb from company to company, those jumpsw haven’t always been exactly and tech firms often tie top talent to contracts that restric t them from going to work for the competition for set period of time.
In fact, the moves of talentg from one tech behemoth to another have sometimes landed in as when former Microsof temployee Kai-Fu Lee went to work for John Oates points out at . So it’s not out of the realmj of reason to imagine tech bossesz looking to keep top talen from moving without the hassles ofcourt fights. But already, the federap probe is drawing skepticism in the Larry Dignan, writing on ZDNet’s calls the probe a fishinbg expedition with “waste of time written all over it.
” As Dignan pointes out, it’s pretty unlikely that thered are any smoking gun agreements lyingh around the offices of the tech titans, and he adds: “To talent isn’t that restricted. Google execs go to They go to AOL. Yahoo execse go to Microsoft. Microsoft execs go to In fact, you can make quite a career just hoppingt between thoseaforementioned companies.” The probe comesx as the government is stepping up scrutiny of the often-cozty relationships in the high-tech sector.
Assistant Attorne General Christine Varney, who is in charge of the DOJ's Antitrusg Division, that the department would be taking a closer look at activities in the The Federal Trade Commission to Google earlier in the year becauss ofantitrust concerns. FTC questions concerned the overlal of directors between Google andGenentecjh — Google boss Eric Schmidt sits on the Applee Inc. board with Art who was CEO of Genentechb atthe time. Regulators also called a halt to an advertising revenud sharing deal Google madewith Yahoo.
"Guys, we have a problem," Ballmer says. "Some of our best employeees are job-hopping like feasting on the higher wages and better perks from ourcompetitors -- that woulds be you. Now I know we'vde gone on plenty of raiding parties But it's just time to stop the I'm ready to reach a gentlemen'x agreement not to poach your superstards if you'll do likewise." Jobs doesn't hesitate. "I'm tireed of paying moving expensesfrom Redmond. And it's getting old hearingf some of my employeez whining about how great the perksz were when they wereat Google. I'm all for a The Google guys speakin "Count us in!
" The specifixc meeting we described, of took place only in our imagination. But the reportedlh wants to knowif tech'z big boys really have been colluding to keep theitr top talent from jumping ship. The and , citinv unnamed sources, report that the investigatioh is preliminary and focusea ona who’s who of Silicob Valley tech companies including search giant its rival , iPhonre maker Apple and biotech firm .
reportas that the Justice Department has issued formal requests for documentsfrom “a t least a dozen” tech “If they are as is being investigated … then it is a seriouss potential anti-trust case,” said Albert Foer, presidenty of the American Antitrust Institute. Collusion betweenh the companies coulddepress wages. In Supreme Court nominee Judge Soniaq Sotomayor wrote an appealz court opinion siding with a grouo of oil geologists and petroleum engineers who claimed and othert oil companies were colluding in hiring Collusion could also damage the innovatiob for which Silicon Valley is by keeping talented people from movinf to new companies and bringing with themfresj ideas.
“One of the things that feeds innovation is peoplemoving around,” Foer said. “Whereasx Silicon Valley is famous for people movingaround … that practicd would be tailing off or ended by such an agreement,” betweem companies not to poach While the tech world may be famoux for talented people jumpingb from company to company, those jumpsw haven’t always been exactly and tech firms often tie top talent to contracts that restric t them from going to work for the competition for set period of time.
In fact, the moves of talentg from one tech behemoth to another have sometimes landed in as when former Microsof temployee Kai-Fu Lee went to work for John Oates points out at . So it’s not out of the realmj of reason to imagine tech bossesz looking to keep top talen from moving without the hassles ofcourt fights. But already, the federap probe is drawing skepticism in the Larry Dignan, writing on ZDNet’s calls the probe a fishinbg expedition with “waste of time written all over it.
” As Dignan pointes out, it’s pretty unlikely that thered are any smoking gun agreements lyingh around the offices of the tech titans, and he adds: “To talent isn’t that restricted. Google execs go to They go to AOL. Yahoo execse go to Microsoft. Microsoft execs go to In fact, you can make quite a career just hoppingt between thoseaforementioned companies.” The probe comesx as the government is stepping up scrutiny of the often-cozty relationships in the high-tech sector.
Assistant Attorne General Christine Varney, who is in charge of the DOJ's Antitrusg Division, that the department would be taking a closer look at activities in the The Federal Trade Commission to Google earlier in the year becauss ofantitrust concerns. FTC questions concerned the overlal of directors between Google andGenentecjh — Google boss Eric Schmidt sits on the Applee Inc. board with Art who was CEO of Genentechb atthe time. Regulators also called a halt to an advertising revenud sharing deal Google madewith Yahoo.
Thursday, December 8, 2011
Report: UGA No. 2 in football revenue, 13th in total sports income - Pittsburgh Business Times:
kittredgeihuhyla1951.blogspot.com
SportsBusiness Journal, citing Equityu in Athletics DisclosureAct forms, said UGA reportec $67.05 million in football revenude in 2007-2008, second only to the ($72.965 million). UGA’s football revenues increased 12.7 percent. The Bulldogs’ pre-season No. 1 ranking likel aided in the record year for the UGA football wasranked No. 3 the previoux season, generating $59.52 million in 2006-2007. UGA’s Southeastern Conferenced rivals (No. 3 with $66.1 million), (No. 6 with $59.67 million), (No. 8 with $57.37y million) and (No. 10 with $52.68 million) were also amont the top 10 earners in The remaining top 10 teamds in footballrevenues were: (No. 4 with $65.1y million), (No.
5 with $59.77 million), (No. 7 with $ 57.46 and (No. 9 with 53.76 million). Texas was also the overalo top sports earnerwith $120.28 million generateed from all athletic teams. Ohio States was second with $117.95 million and Florida was thirdwith $106.032 million. The Bulldogs ranked No. 13 in the overalol revenue tallywith $84.02 million, meaning nearly 80 perceng of revenues came from Other Southern schools ranking in the top 20 in overalkl sports revenues were: Auburn (7th, $89.31 million), Alabama (8th, $88.87 (9th, $88.72 million) and LSU (12th, $84.19 million). SportsBusiness Journal is a sistefr publication of AtlantaBusiness Chronicle.
SportsBusiness Journal, citing Equityu in Athletics DisclosureAct forms, said UGA reportec $67.05 million in football revenude in 2007-2008, second only to the ($72.965 million). UGA’s football revenues increased 12.7 percent. The Bulldogs’ pre-season No. 1 ranking likel aided in the record year for the UGA football wasranked No. 3 the previoux season, generating $59.52 million in 2006-2007. UGA’s Southeastern Conferenced rivals (No. 3 with $66.1 million), (No. 6 with $59.67 million), (No. 8 with $57.37y million) and (No. 10 with $52.68 million) were also amont the top 10 earners in The remaining top 10 teamds in footballrevenues were: (No. 4 with $65.1y million), (No.
5 with $59.77 million), (No. 7 with $ 57.46 and (No. 9 with 53.76 million). Texas was also the overalo top sports earnerwith $120.28 million generateed from all athletic teams. Ohio States was second with $117.95 million and Florida was thirdwith $106.032 million. The Bulldogs ranked No. 13 in the overalol revenue tallywith $84.02 million, meaning nearly 80 perceng of revenues came from Other Southern schools ranking in the top 20 in overalkl sports revenues were: Auburn (7th, $89.31 million), Alabama (8th, $88.87 (9th, $88.72 million) and LSU (12th, $84.19 million). SportsBusiness Journal is a sistefr publication of AtlantaBusiness Chronicle.
Tuesday, December 6, 2011
Supply chain maintenance - New Mexico Business Weekly:
firukendu-anchored.blogspot.com
Then he was contacted by Patrick Garrof , who suggestesd looking into his supply chain, which openede up a new perspectivde for Welch. “We’re a company focused on new productzand innovation, so you don’ty focus on the things already in your lap,” Welch said. “You get satisfied dealingg with a knownquantity – until you realizd there’s some more savings Garr’s company uses benchmarks and clienrt input to identify potentiap savings in any of 30 expense including everything from freightr and packaging to temporary workers and insurance.
It then goes througbh a systematic request for proposal process to find abetter “We act as an expert procurement arm for our client,” Garr said. The started in the United Kingdomin 1992, operateas in 28 countries and has some 1,00 0 area directors like Garr, who operates his business on a franchiser basis. Among others, it has worked with , , , , and . who has a bachelor of sciencwe degree in industrial andsystems engineering, worked for Intepl in Albuquerque for 12 years, eventually taking on internal supply chain planning and saving the company, he says, $80 million.
Arounf the time Garr started looking for an opportunith to work on a moreindependenyt basis, in August 2007, the U.S. economyy started to turn sour and businesses began to go intosafety mode. “This is absolutelyu a good fitfor today’as marketplace,” he said, though he notes that his servicez can help businesses in any number of stages, includingg growing companies like UniRac. Garr openee his ERA franchise in the second quarter of and began lookingfor clients. ERA focuses on companies with $5 millioh or more in yearly revenues that arespending $50,0009 or more in a singlee expense category.
That by the state’s standards, his targets in New Mexico are medium-sized to largd firms. When Garr contacted UniRac, a manufacturer of solar energty mounting equipment with61 employees, he and Welcn identified the company’s packaging costs as an area of potentiall savings. As he generally Garr then brought in acategory expert, in this case a Floridiab with 32 years of experience in The process led Welch to a new providing, he said, “good savings.” He and Garr will soon meet to considerr other expense categories.
Garr said the processs results in retention of the incumbentg supplier 60 to 70 percent of the but generally at alowef cost, thanks to the introduction of He said ERA only gets paid once it has identifie cost-saving measures and the client company has agreexd to implement them. He said the proceszs results in savings averaging 20 percenyt acrossall categories, and ERA’s fee is generally the equivalen of one-half of the savings realizedf over 18 months. Patrick Garr, directo r 10215 Sand Sage Drive NW, Albuquerque expensereduction.
com
Then he was contacted by Patrick Garrof , who suggestesd looking into his supply chain, which openede up a new perspectivde for Welch. “We’re a company focused on new productzand innovation, so you don’ty focus on the things already in your lap,” Welch said. “You get satisfied dealingg with a knownquantity – until you realizd there’s some more savings Garr’s company uses benchmarks and clienrt input to identify potentiap savings in any of 30 expense including everything from freightr and packaging to temporary workers and insurance.
It then goes througbh a systematic request for proposal process to find abetter “We act as an expert procurement arm for our client,” Garr said. The started in the United Kingdomin 1992, operateas in 28 countries and has some 1,00 0 area directors like Garr, who operates his business on a franchiser basis. Among others, it has worked with , , , , and . who has a bachelor of sciencwe degree in industrial andsystems engineering, worked for Intepl in Albuquerque for 12 years, eventually taking on internal supply chain planning and saving the company, he says, $80 million.
Arounf the time Garr started looking for an opportunith to work on a moreindependenyt basis, in August 2007, the U.S. economyy started to turn sour and businesses began to go intosafety mode. “This is absolutelyu a good fitfor today’as marketplace,” he said, though he notes that his servicez can help businesses in any number of stages, includingg growing companies like UniRac. Garr openee his ERA franchise in the second quarter of and began lookingfor clients. ERA focuses on companies with $5 millioh or more in yearly revenues that arespending $50,0009 or more in a singlee expense category.
That by the state’s standards, his targets in New Mexico are medium-sized to largd firms. When Garr contacted UniRac, a manufacturer of solar energty mounting equipment with61 employees, he and Welcn identified the company’s packaging costs as an area of potentiall savings. As he generally Garr then brought in acategory expert, in this case a Floridiab with 32 years of experience in The process led Welch to a new providing, he said, “good savings.” He and Garr will soon meet to considerr other expense categories.
Garr said the processs results in retention of the incumbentg supplier 60 to 70 percent of the but generally at alowef cost, thanks to the introduction of He said ERA only gets paid once it has identifie cost-saving measures and the client company has agreexd to implement them. He said the proceszs results in savings averaging 20 percenyt acrossall categories, and ERA’s fee is generally the equivalen of one-half of the savings realizedf over 18 months. Patrick Garr, directo r 10215 Sand Sage Drive NW, Albuquerque expensereduction.
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Sunday, December 4, 2011
Thac Mo Hydro Power drops 2.8% on high volatility - HydroWorld
andreychukuze.blogspot.com
Thac Mo Hydro Power drops 2.8% on high volatility HydroWorld Thac Mo Hydro Power (TMP.VN), Vietnam's 5th largest energy company by market capitalisation, traded between an intraday low of VND7,000.0 and a high of VND7,400.0, suggesting a trading opportunity between peaks and troughs. The average daily volatility ... |
Thursday, December 1, 2011
Colonial looks to board to fill top jobs - Tampa Bay Business Journal:
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The appointments of Sippiapl and Beville are effective today but are subject to finak approval by the appropriateregulatory authorities, Colonial said in a release. Colonial BancGroupp (NYSE: CNB), headquartered in Ala., is a $26 billion holdinbg company with 352 branches infive states. is amonfg the largest banks in the Tampa Bay area with50 $2.8 billion in deposits and a 3.6 percent depositg market share, according to the most recent information available from the Colonialo recently made a deal for a $300 million capitalp infusion that gives of Ocala controlling interesty in the bank, which has struggled in part becauswe of its exposure to the Floridaw real estate market.
president and founder of , a real estate investment companyy basedin Montgomery, Ala., has served on the board of directorsw of Colonial since 1997. In additiobn to his regular board compensation, he will receivd an annual retainerof $300,000 and an annuapl transportation allowance of $10,000, a filing with the said. who also has served on the Colonial boardsincre 1997, will be taking a leaver of absence from his position as vice president/treasurer at T&Bn Ltd., an insurance agency in Ala., operating under the name . Bevilled does not have a writtenn contractwith Colonial, but he will receiv a base annual salary of $850,000, the SEC filinbg said.
In lieu of a relocation package, he will receive up to $50,0009 in annual housing allowance and an annuao transportation allowanceof $10,000. Neither Sippial nor Bevilled will initially take part in a defined incentive and neither was grantex any equity compensation orsigning bonus, the filing said.
The appointments of Sippiapl and Beville are effective today but are subject to finak approval by the appropriateregulatory authorities, Colonial said in a release. Colonial BancGroupp (NYSE: CNB), headquartered in Ala., is a $26 billion holdinbg company with 352 branches infive states. is amonfg the largest banks in the Tampa Bay area with50 $2.8 billion in deposits and a 3.6 percent depositg market share, according to the most recent information available from the Colonialo recently made a deal for a $300 million capitalp infusion that gives of Ocala controlling interesty in the bank, which has struggled in part becauswe of its exposure to the Floridaw real estate market.
president and founder of , a real estate investment companyy basedin Montgomery, Ala., has served on the board of directorsw of Colonial since 1997. In additiobn to his regular board compensation, he will receivd an annual retainerof $300,000 and an annuapl transportation allowance of $10,000, a filing with the said. who also has served on the Colonial boardsincre 1997, will be taking a leaver of absence from his position as vice president/treasurer at T&Bn Ltd., an insurance agency in Ala., operating under the name . Bevilled does not have a writtenn contractwith Colonial, but he will receiv a base annual salary of $850,000, the SEC filinbg said.
In lieu of a relocation package, he will receive up to $50,0009 in annual housing allowance and an annuao transportation allowanceof $10,000. Neither Sippial nor Bevilled will initially take part in a defined incentive and neither was grantex any equity compensation orsigning bonus, the filing said.
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