mytyhona.wordpress.com
The ’s (IATA) new forecast is staggeringl worse thanits $4.7 billion collective loss forecast made just three months ago. The air carriere trade group also downgradee its loss estimate for 2008to $10.4 billion from $8.5 billion. “Therew is no modern precedent for today’s economic meltdown,” IATA Directod General and CEO Giovanni Bisignani said in anews “The ground has shifted. Our industry has been This is the most difficult situatio n that the industryhas faced.” After the Sept. 11, terror attacks on the Uniteed States, industry revenues fell by 7 percent, Bisignani said, and took threw years to reboundto pre-9/11 levels.
Revenues will fall to $448 billiobn in 2009 from $528 billion in 2008 (15 IATA said. Passenger yields will dip 7 percent. “This time we face a 15 perceny drop—a loss of revenues of $80 billion—i n the middle of a global recession,” Bisignani said duringt IATA’s annual industry summit. “Oud future depends on a drasticc reshapingby partners, governmentes and industry. We cannot bear the cost of government crazy taxation and partners abusingh theirmonopoly power.
” North American carriers will generallt fair better than foreign carriers, IATA and should narrow their losses for the North American airlines will lose $1 billion in dramatically less than the $5.1 billion lost in 2008, as out-of-the-moneyg fuel hedges lapse and capacity cuts kick in to righ capacity with demand. Previously, IATA said Northb American carriers would turn a modest profit forthe year. Asia-Pacifif and European carriers are likelg to take thebiggest hits, losing $3.3 billionj and $1.8 billion, respectively.
Another heavily impacted air cargo, will decline by 17 percent based on tons Cargo yields will decline 11 Relaxed fuel prices over the first five months of 2009 havehelpedf carriers, but prices have begu n to climb in recent weeks. IATA project s the industry fuel bill to fallfrom $165 billioh in 2008 to $59 billion in on a $56 per barrel average priced of oil. “The risk that we have seen in recentg weeks is that even the slightest glimmetr of economic hope sends oilprices higher,” Bisignani said. "Greedyy speculation must not hold the globaeconomy hostage. Failure to act by governments woul dbe irresponsible.
” Globally, airlines are in a better cash with more liquidity than in past downturns. But, Bisignanui warned “a long L-shaped recovergy could drain the industrgyof cash.” Bisignani noted industry such as the merger between Atlanta-based (NYSE: DAL) and , that have made some playerd stronger. But he railed against what he calledx “archaic limitations on that prevent the merging of carriers fromdifferentf countries.
Saturday, March 31, 2012
Thursday, March 29, 2012
Sen. Devall restates reason for retirement - EastBayRI.com
ibitasony.wordpress.com
Sen. Devall restates reason for retirement EastBayRI.com By Mike Rego EAST PROVIDENCE â€" During a follow-up interview in regards to his recent letter announcing his decison not to seek re-election in the fall, State Senator Frank Devall Jr. reiterated the main reason for doing so was professional, ... |
Tuesday, March 27, 2012
LSU students perform for Baton Rouge community - LSU The Reveille
dusinenezoqoc.blogspot.com
LSU students perform for Baton Rouge community LSU The Reveille By Taylor Balkom Members of communication studies class CMST 4145 perform March 22 for Alzheimer's patients at Charlie's Place Respite Center. Every spring, one senior-level communication studies class makes its students do something different â€" go ... |
Sunday, March 25, 2012
Plug adopts shareholder rights plan - Birmingham Business Journal:
yfimuna.wordpress.com
“The board believes that a shareholder rightx plan enhances its ability to protect shareholder interests and ensures that shareholderws receive fair treatment in the event of any coercivetakeoverr attempt,” said Andy CEO of Plug Power PLUG). “The plan is intended to provide the boarcd with sufficient time to consider any and all alternativesx to suchan action. The board believes it is protectinbg the interests of all ofits shareholders.” In connection with the adoptiob of a plan, the Albany, N.Y.
-basede fuel cell developer declared a dividend distributioj of one preferred stocjk purchase right for each outstanding share of Plug common stock held as the close of businesds on June 23. Initially, these rights will not be exercisablew and will trade with the sharezs ofPlug Power’s common stock. The righte will become exercisable if someone acquiree 15 percent or moreof Plug’s commobn stock, or commences a tender offer that couldf result in that person owninb 15 percent or more of Plug Power’sz common stock. In that case, each holderf of a stock purchase right—other than the acquiring person—would be entitled to buy additional shares.
Each holder could purchase shares equivalengt to the value of twicse the exercise price ofthe right. If Plug is acquirerd after anysuch event, each holdedr of a right would then be entitled to at the then-current exercise price, shares of the acquiring company’w common stock having a value of twice the exercisr price of the right. Any person who alread y owns 15 percent or moreof Plug’xs outstanding shares will be considere a “Grandfathered Person.” The Grandfathered Person would not trigger the rights unless he or she acquirezs an additional 1/2 percent of the company’ outstanding shares.
“The board believes that a shareholder rightx plan enhances its ability to protect shareholder interests and ensures that shareholderws receive fair treatment in the event of any coercivetakeoverr attempt,” said Andy CEO of Plug Power PLUG). “The plan is intended to provide the boarcd with sufficient time to consider any and all alternativesx to suchan action. The board believes it is protectinbg the interests of all ofits shareholders.” In connection with the adoptiob of a plan, the Albany, N.Y.
-basede fuel cell developer declared a dividend distributioj of one preferred stocjk purchase right for each outstanding share of Plug common stock held as the close of businesds on June 23. Initially, these rights will not be exercisablew and will trade with the sharezs ofPlug Power’s common stock. The righte will become exercisable if someone acquiree 15 percent or moreof Plug’s commobn stock, or commences a tender offer that couldf result in that person owninb 15 percent or more of Plug Power’sz common stock. In that case, each holderf of a stock purchase right—other than the acquiring person—would be entitled to buy additional shares.
Each holder could purchase shares equivalengt to the value of twicse the exercise price ofthe right. If Plug is acquirerd after anysuch event, each holdedr of a right would then be entitled to at the then-current exercise price, shares of the acquiring company’w common stock having a value of twice the exercisr price of the right. Any person who alread y owns 15 percent or moreof Plug’xs outstanding shares will be considere a “Grandfathered Person.” The Grandfathered Person would not trigger the rights unless he or she acquirezs an additional 1/2 percent of the company’ outstanding shares.
Thursday, March 22, 2012
S.F. gives OK to 250-unit condo project at Fox Plaza - San Francisco Business Times:
aleshnikovenil.blogspot.com
The wedge-shaped, terra-cotta and glass, 120-foot structure would replace the low-slunhg building that houses a and astationery shop, according to who was retained by property ownef to obtain city approvals and develol the site at 1390 Market St. at Polk A 7-0 Planning Commission vote on a highrises condo structure is and Conroe said the development team was able to take a numberd of steps to builc support inthe community.
The team agreeds to build a 120-foot rather than the 200 feet thezoning allows; they did not request any parking for the something made possible by the rich publif transit in the area and the fact that Fox Plazaa has a 550-car garage; and they are workingf with the neighborhood to provide a communitt meeting room. “Our projec is the poster child for smart said Conroe. “This project will bring new housing to the mostpubli transit-oriented site in the Bay It will also provide a crucial link between the Hayes Valleyh renaissance and the Mid-Markety revitalization.” Conroe said he didn’t want to guesas when the residential development might be economicalluy feasible.
“We are excited about moving forward with this project when the real estate and capitalomarkets normalize,” he said.
The wedge-shaped, terra-cotta and glass, 120-foot structure would replace the low-slunhg building that houses a and astationery shop, according to who was retained by property ownef to obtain city approvals and develol the site at 1390 Market St. at Polk A 7-0 Planning Commission vote on a highrises condo structure is and Conroe said the development team was able to take a numberd of steps to builc support inthe community.
The team agreeds to build a 120-foot rather than the 200 feet thezoning allows; they did not request any parking for the something made possible by the rich publif transit in the area and the fact that Fox Plazaa has a 550-car garage; and they are workingf with the neighborhood to provide a communitt meeting room. “Our projec is the poster child for smart said Conroe. “This project will bring new housing to the mostpubli transit-oriented site in the Bay It will also provide a crucial link between the Hayes Valleyh renaissance and the Mid-Markety revitalization.” Conroe said he didn’t want to guesas when the residential development might be economicalluy feasible.
“We are excited about moving forward with this project when the real estate and capitalomarkets normalize,” he said.
Tuesday, March 20, 2012
Moving in on ATF - Washington Business Journal:
idozxun.blogspot.com
A 1 million- to 2 million-square-foot offics complex is slated for an empty lot in the 1200 blocki of First Street NE next tothe Alcohol, Tobaccl and Firearms' site at First and M streetsa NE. The Pritzker familyh of Chicago boughtthe 2.3-acre lot from railroad giant CSX. The which owns Hyatt, is partnerin with Penrose Group. The two also are developing King Farm in Gary Edell, a leasing agentt for Penrose, says architect Leo A. Daly is sketching a concept for the The property sits atwhat D.C. officials hope will become a new business crossroads.
Construction began in Decembe on a New York Avenue Metro station on the Red Line at Floridqa and NewYork avenues, and Doug Jemal is tryinh to lease a large facility across from XM Radiok Satellite's new headquarters. The city is trying to morpuh the area north ofMassachusetts Avenue, or into a "live/work/play" environment with a mix of residential, retaip and office development. [SUZANNE ... Two D.
C magazines -- one a forme r BET publication -- are moving to New Sixteen staffers with the new Savoy magazine andthe 8-year-olf Heart and Soul will exit their offices in the BET comple x in Northeast by the end of says Roy Johnson, editorial director for the magazines' New York-based Vanguarde Media. Johnson says it's importan t that the company has all its resourcezs in thesame place. Savoy, which targets an educate and affluentblack audience, has its first issue on newsstands now. The magazinse already has morethan 100,000 subscribers -- leftoverse from the shuttered BET magazine Emerge. Heartr and Soul is a healthy lifestyle magazinew aimed atblack women.
It was put out by BET beford the D.C.-based media company invested in Vanguarde and handed over itspublishingg group. [Greg A. Lohr] ... Trenton, N.J.-based Journalk Register has agreed to buy the Pennsylvania and New Jerseuy operationsof Easton, Md.-based Chesapeake Publishing. This wouldr give Journal Register 13 publicationzs with combined circulationof 88,000. Terms were not disclosed. Chesapeake ( ) has been accepting purchase offers in a quieft sale being handled byGoldman Sachs. Sources say The Washington Post agreed toacquired Chesapeake's operations in Maryland and Virginia, although Post officialsx would not confirm the deal. Chesapeake'x reach also extends into Delaware.
Its Maryland publicationes include the Enquirer Gazette and the South Countyt Current inPrince George's The company owns a direct-maip operation, printing plants and a prepress facility in Maryland. [GRE A. LOHR] ... Brian Duncah , the head of Frederick County'sx Office of Economic Development, resigned abruptly Jan. 29. Since taking over in 1997, Duncan oversaw significant economic expansiobin Frederick. The once-rural outposg has become a less-expensive alternative to pricey Montgomerty County and a popular spot for biotech manufacturinygand back-office operations.
Sandy Dubay, the county's retentiom manager, will serve as acting director untip a replacementis Duncan, who was the former economic development chief in could not be reached for comment. like other outer suburbs, is going throughj bitter debates over growtuhand sprawl. The county's Economic and Communit Development Commission survived avote Jan. 30 that would have disbandedr it. The County Commission voted 3-2 to keep the panel in place. [MIKE SUNNUCKS] ...
Prince Williajm County Board Chairman Sean Connaughton is jumpingg from one law firmto Connaughton, the first-term Prince William Republican who specializesx in maritime and transportation law, is moving from Eckert Seamans Cherihn & Mellott to Troutmanb Sanders' Washington office. Two other top Eckerf Seamans lawyers -- Jonathan Benner and Leonarcd Fleisig -- are joinintg him. Benner heads Eckert'a maritime and international trade practice and formerly was general counseo for the FederalMaritime Commission.
A 1 million- to 2 million-square-foot offics complex is slated for an empty lot in the 1200 blocki of First Street NE next tothe Alcohol, Tobaccl and Firearms' site at First and M streetsa NE. The Pritzker familyh of Chicago boughtthe 2.3-acre lot from railroad giant CSX. The which owns Hyatt, is partnerin with Penrose Group. The two also are developing King Farm in Gary Edell, a leasing agentt for Penrose, says architect Leo A. Daly is sketching a concept for the The property sits atwhat D.C. officials hope will become a new business crossroads.
Construction began in Decembe on a New York Avenue Metro station on the Red Line at Floridqa and NewYork avenues, and Doug Jemal is tryinh to lease a large facility across from XM Radiok Satellite's new headquarters. The city is trying to morpuh the area north ofMassachusetts Avenue, or into a "live/work/play" environment with a mix of residential, retaip and office development. [SUZANNE ... Two D.
C magazines -- one a forme r BET publication -- are moving to New Sixteen staffers with the new Savoy magazine andthe 8-year-olf Heart and Soul will exit their offices in the BET comple x in Northeast by the end of says Roy Johnson, editorial director for the magazines' New York-based Vanguarde Media. Johnson says it's importan t that the company has all its resourcezs in thesame place. Savoy, which targets an educate and affluentblack audience, has its first issue on newsstands now. The magazinse already has morethan 100,000 subscribers -- leftoverse from the shuttered BET magazine Emerge. Heartr and Soul is a healthy lifestyle magazinew aimed atblack women.
It was put out by BET beford the D.C.-based media company invested in Vanguarde and handed over itspublishingg group. [Greg A. Lohr] ... Trenton, N.J.-based Journalk Register has agreed to buy the Pennsylvania and New Jerseuy operationsof Easton, Md.-based Chesapeake Publishing. This wouldr give Journal Register 13 publicationzs with combined circulationof 88,000. Terms were not disclosed. Chesapeake ( ) has been accepting purchase offers in a quieft sale being handled byGoldman Sachs. Sources say The Washington Post agreed toacquired Chesapeake's operations in Maryland and Virginia, although Post officialsx would not confirm the deal. Chesapeake'x reach also extends into Delaware.
Its Maryland publicationes include the Enquirer Gazette and the South Countyt Current inPrince George's The company owns a direct-maip operation, printing plants and a prepress facility in Maryland. [GRE A. LOHR] ... Brian Duncah , the head of Frederick County'sx Office of Economic Development, resigned abruptly Jan. 29. Since taking over in 1997, Duncan oversaw significant economic expansiobin Frederick. The once-rural outposg has become a less-expensive alternative to pricey Montgomerty County and a popular spot for biotech manufacturinygand back-office operations.
Sandy Dubay, the county's retentiom manager, will serve as acting director untip a replacementis Duncan, who was the former economic development chief in could not be reached for comment. like other outer suburbs, is going throughj bitter debates over growtuhand sprawl. The county's Economic and Communit Development Commission survived avote Jan. 30 that would have disbandedr it. The County Commission voted 3-2 to keep the panel in place. [MIKE SUNNUCKS] ...
Prince Williajm County Board Chairman Sean Connaughton is jumpingg from one law firmto Connaughton, the first-term Prince William Republican who specializesx in maritime and transportation law, is moving from Eckert Seamans Cherihn & Mellott to Troutmanb Sanders' Washington office. Two other top Eckerf Seamans lawyers -- Jonathan Benner and Leonarcd Fleisig -- are joinintg him. Benner heads Eckert'a maritime and international trade practice and formerly was general counseo for the FederalMaritime Commission.
Sunday, March 18, 2012
Tartan Fields in receivership - Business First of Columbus:
iwegasely.wordpress.com
Columbus lawyer A.C. Strip, who’s representing Columbus-based receivedr Martin Management Services, said GE Capital filed to put the golf club into receivershil on Friday in Delaware Countyt CommonPleas Court. Details on the naturw of Tartan’s default weren’t immediately available, but Strilp said the club is less than 60 days behinde onits loan. Strip said that despite the the receiverhas “no intentionm now or in the future to ceaser operations” and that it “wants to give every opportunityu for the golf course to survive with its presenf management.
” “We’re at a crossroads and a numbef of possibilities could develop from this,” he said. Among those: A sale of the course, a chanc for the course’s owners to reorganize in conjunctiomn withGE Capital, or a refinancing deal with anothedr lender. A message seeking comment was left with Tartan managementMondau afternoon.
Columbus lawyer A.C. Strip, who’s representing Columbus-based receivedr Martin Management Services, said GE Capital filed to put the golf club into receivershil on Friday in Delaware Countyt CommonPleas Court. Details on the naturw of Tartan’s default weren’t immediately available, but Strilp said the club is less than 60 days behinde onits loan. Strip said that despite the the receiverhas “no intentionm now or in the future to ceaser operations” and that it “wants to give every opportunityu for the golf course to survive with its presenf management.
” “We’re at a crossroads and a numbef of possibilities could develop from this,” he said. Among those: A sale of the course, a chanc for the course’s owners to reorganize in conjunctiomn withGE Capital, or a refinancing deal with anothedr lender. A message seeking comment was left with Tartan managementMondau afternoon.
Friday, March 16, 2012
San Antonio educational company tapped for TEA contract - San Antonio Business Journal:
yfimuna.wordpress.com
The Texas Education Agency (TEA) awarded a three-yeaer contract to the to develop and deploy a new Texas RecordesExchange System, or The National Transcript Center, in brought Edvance on board as a subcontractort to provide statewide direct trainingf and customer support on TREx. The valu of the contracts were not Through thisnew system, school districts will be able to request and receive student transcripts and records withibn seconds instead of the current system, which typicallty takes weeks of manual copyinbg and mailing. Some 8,0009 public schools in Texas will be able to electronicall transfer the recordsof 4.5 million students.
School districts also will have the ability to send Individuapl Education Programs and Persona l Graduation Plans at no cost to the sending orreceivinfg district. National Transcript Center also has contracted with that will alloww the electronic student records and transcriptds to be sent securely throughy AdobePDF files. Private schoola and colleges will be able to enroll in TREx fora fee. The TREx systej is slated for astatewidw roll-out beginning in the fall of 2007, Nationapl Transcript Center President Mark Johnson The National Transcript Center is an Austin-basee transcript-exchange service for K-12 schools, statde education agencies and colleges and universities.
Edvanc e is a educational research firm. The compangy has a five-year contract with the U.S. Departmenf of Education to run the RegionalEducational Laboratory-Southwest. Avow specializews in electronic educationaldocument processing. Web , ,
The Texas Education Agency (TEA) awarded a three-yeaer contract to the to develop and deploy a new Texas RecordesExchange System, or The National Transcript Center, in brought Edvance on board as a subcontractort to provide statewide direct trainingf and customer support on TREx. The valu of the contracts were not Through thisnew system, school districts will be able to request and receive student transcripts and records withibn seconds instead of the current system, which typicallty takes weeks of manual copyinbg and mailing. Some 8,0009 public schools in Texas will be able to electronicall transfer the recordsof 4.5 million students.
School districts also will have the ability to send Individuapl Education Programs and Persona l Graduation Plans at no cost to the sending orreceivinfg district. National Transcript Center also has contracted with that will alloww the electronic student records and transcriptds to be sent securely throughy AdobePDF files. Private schoola and colleges will be able to enroll in TREx fora fee. The TREx systej is slated for astatewidw roll-out beginning in the fall of 2007, Nationapl Transcript Center President Mark Johnson The National Transcript Center is an Austin-basee transcript-exchange service for K-12 schools, statde education agencies and colleges and universities.
Edvanc e is a educational research firm. The compangy has a five-year contract with the U.S. Departmenf of Education to run the RegionalEducational Laboratory-Southwest. Avow specializews in electronic educationaldocument processing. Web , ,
Wednesday, March 14, 2012
Study: 'Minute clinics' slow to catch on in Mass. - Baltimore Business Journal:
kleopatraxnibe.blogspot.com
But a new study by the consultancy firm Deloitte has founcd that people in Boston are statisticalluy less willing to use this new alternative health care The percentage of patients who were likelu to use a retail clinic if it cost half as much as a doctort visit was 30percent nationwide, but only 21 percenyt in Boston. The percentage of patients that have actually used a retai walk in clinic in the past year was 13 perceng nationwide and only 5 percenrin Boston. Even a one week wait for a doctofr would not entice very many Bostonians to go to aretaiol clinic: just 18 percent of Bostonians said that wouled make them change their behavior, compared with 28 percentg nationwide.
The newly-released study was conducted in October of andincluded 5,665 subjects nationwide. Chip the president of division, said the study does ot fully reflecf the preferences of patients inthe state. He said the company'zs clinic in Medway has administered morethan 9,60 0 flu shots and handled nearly 28,00o0 acute care visits since opening in September. “Initial acceptance of the retailp clinic model in Massachusettds has been higher than the vast majoritty of ourmarket launches,” Phillips
But a new study by the consultancy firm Deloitte has founcd that people in Boston are statisticalluy less willing to use this new alternative health care The percentage of patients who were likelu to use a retail clinic if it cost half as much as a doctort visit was 30percent nationwide, but only 21 percenyt in Boston. The percentage of patients that have actually used a retai walk in clinic in the past year was 13 perceng nationwide and only 5 percenrin Boston. Even a one week wait for a doctofr would not entice very many Bostonians to go to aretaiol clinic: just 18 percent of Bostonians said that wouled make them change their behavior, compared with 28 percentg nationwide.
The newly-released study was conducted in October of andincluded 5,665 subjects nationwide. Chip the president of division, said the study does ot fully reflecf the preferences of patients inthe state. He said the company'zs clinic in Medway has administered morethan 9,60 0 flu shots and handled nearly 28,00o0 acute care visits since opening in September. “Initial acceptance of the retailp clinic model in Massachusettds has been higher than the vast majoritty of ourmarket launches,” Phillips
Monday, March 12, 2012
Saving biodiversity: a $300 billion-a-year challenge - Reuters
disadvantage-unlimited.blogspot.com
Responding to Climate Change | Saving biodiversity: a $300 billion-a-year ch » |
Saturday, March 10, 2012
Panel disciplines drunk driving trooper - Kennebec Journal
authors-morphology.blogspot.com
Kennebec Journal | Panel disciplines drunk driving trooper Kennebec Journal By David Hench dhench@mainetoday.com Trustees of the Maine Criminal Justice Academy decided Friday that a state police trooper who was caught driving drunk on the Maine Turnpike in December must avoid any misconduct for three years or risk losing his ... |
Thursday, March 8, 2012
Hear ye, hear ye, these new employers have jobs! - Sacramento Business Journal:
http://babyvett.net/Twice-Claims/Family-Usually-460/
While the state’s unemployment rate was 5.9 percen in March, according to the Department ofWorkforcwe Solutions, that’s still lower than that month’s national rate of 8.5 A number of large employers have moved operation s to Albuquerque, are expanding or plan to open facilities here in cominfg months. The most visible have been companiesx related to the renewable energyindustry (see relates story this page), as well as , whicnh hired 300 for its new operation in , and , which is buildingb a new customer servicee center in Rio Rancho and has temporaryy space up and running now.
Randall Davis, transition managed for HP, said the company planas to hire up to 600 by the end of the year even beforse the new facilityis completed. HP planse to have 1,800 full-time employees in Rio Ranchok over the next 15 years and an annual expected payrollof $54 million. Fidelity Investments has abou t 300 people working at its new building in Mesadel Sol, soutj of the . The company has said its long-ter plans call for increasing thatto 1,200.
But Jennifef Engle, spokeswoman for the company, declinef to speculate on additional hiring at this The company is still filling some The film andmedia industry, lured by New Mexico’es tax incentives, continues to grow here and attrac t new companies. , which opened its new headquarter in Albuquerque recentlyat , has hired about 85 peoplse here and moved 15 more from its other sites. There are still some positions open in productio and Web operations as well as Productions are bringing plenty of work for New Mexiciofilm crews.
Recently, the International Alliance of Theatrical and StagdeEmployees (IATSE) Local 480 and the state film offic e hosted seminars to help constructiom workers learn how to transition to work on film Many crew jobs come through but there are multiple jobs in the industry that don’yt require going through the union, said Jon business agent for IATSE. There are other unions, as well as resourc e lists for casting calls and othedjobs (see links in box). “We have literall y hundreds of members who started as got to know their way arounxdthe set, go to know the production people, pickee up days, and are now full-time working Hendry said.
Several retailers are also expandint inNew Mexico, despite the recession’s impacrt on that sector. Sunflower Farmers Market, basedf in Boulder, Colo., will open four storeds in the next 18 months and hire 400 Three of the stores will be in Albuquerque and one will be inSantz Fe. And another Colorado company, America’s is opening six franchise storews in Albuquerque and one inSanta Fe. The first stores open this month.
The company’s franchisee for this area, Patrick will hire 24 people to staff the is hiring about 420 peopl e to staff a new supercenter openiny this summer in northeast Government remains the top employer inNew Mexico, thanks in large part to the presence of the nationa laboratories, military bases, federal agencies with substantial operations here (includinbg the , the Bureau of Indian Affairs and the ) and privatwe contractors who do work for the USAJobs.gov, the official job site of the U.S. lists more than 1,000 jobs in New Mexico, varying from humahn resource specialiststo physicians, biologists and vehicle maintenance workers. The 2010 Census is also hirinh inNew Mexico.
Tribal governments have also consistentlyadded jobs, even during the economic downturn, accordinh to monthly employment reports from the New Mexiclo Department of Workforce Solutions. Many of New Mexico’s tribal governments cannot fill all the available jobs with tribal members and employ people from outsidse theirspecific pueblos. Many of these are in hotels andcasinoes (see story on Tourism, page but not all of them.
And although the statse of New Mexico implemented a hirinvg freeze latelast year, therde are some jobs that have been exempted from that Personal & Home Care Aides 6,190 Retaikl Sales workers 6,030 Combined Food Preparatioh & Servers 5,400 Retail Salespersons 4,770 Customer Servic e Representatives 3,240 Cooks & Food Preparation workers 3,230 Home Health Aides 3,190 Registere Nurses 2,920 Elementary School Teachers 2,53p Waiters & Waitresses 2,420 Correctional Officerss & Jailers 2,180 Janitors Cleaners 2,060 Office Clerks, general 1,850 Accounting & Auditing Clerks 1,620 Nursing Aides, Orderlies & Attendants 1,430 Maids & Housekeeping Cleanerx 1,420 Middle School Teachers 1,310 Secondary Schoo Teachers 1,300 Construction Laborers 1,210 Cooks, Restaurants 1,1909 Maintenance & Repair workers 1,150 Accountants & Auditors 1,1500 Receptionists & Information Clerkx 1,140 Executive Secretaries & Admin.
Assistants 1,120 Department of Workforce Solutions, “New Mexicko Employment Projections 2006-2016.” Full report availablee at: www.dws.state.nm.us/LMI/pdf/2016projections.pdf
While the state’s unemployment rate was 5.9 percen in March, according to the Department ofWorkforcwe Solutions, that’s still lower than that month’s national rate of 8.5 A number of large employers have moved operation s to Albuquerque, are expanding or plan to open facilities here in cominfg months. The most visible have been companiesx related to the renewable energyindustry (see relates story this page), as well as , whicnh hired 300 for its new operation in , and , which is buildingb a new customer servicee center in Rio Rancho and has temporaryy space up and running now.
Randall Davis, transition managed for HP, said the company planas to hire up to 600 by the end of the year even beforse the new facilityis completed. HP planse to have 1,800 full-time employees in Rio Ranchok over the next 15 years and an annual expected payrollof $54 million. Fidelity Investments has abou t 300 people working at its new building in Mesadel Sol, soutj of the . The company has said its long-ter plans call for increasing thatto 1,200.
But Jennifef Engle, spokeswoman for the company, declinef to speculate on additional hiring at this The company is still filling some The film andmedia industry, lured by New Mexico’es tax incentives, continues to grow here and attrac t new companies. , which opened its new headquarter in Albuquerque recentlyat , has hired about 85 peoplse here and moved 15 more from its other sites. There are still some positions open in productio and Web operations as well as Productions are bringing plenty of work for New Mexiciofilm crews.
Recently, the International Alliance of Theatrical and StagdeEmployees (IATSE) Local 480 and the state film offic e hosted seminars to help constructiom workers learn how to transition to work on film Many crew jobs come through but there are multiple jobs in the industry that don’yt require going through the union, said Jon business agent for IATSE. There are other unions, as well as resourc e lists for casting calls and othedjobs (see links in box). “We have literall y hundreds of members who started as got to know their way arounxdthe set, go to know the production people, pickee up days, and are now full-time working Hendry said.
Several retailers are also expandint inNew Mexico, despite the recession’s impacrt on that sector. Sunflower Farmers Market, basedf in Boulder, Colo., will open four storeds in the next 18 months and hire 400 Three of the stores will be in Albuquerque and one will be inSantz Fe. And another Colorado company, America’s is opening six franchise storews in Albuquerque and one inSanta Fe. The first stores open this month.
The company’s franchisee for this area, Patrick will hire 24 people to staff the is hiring about 420 peopl e to staff a new supercenter openiny this summer in northeast Government remains the top employer inNew Mexico, thanks in large part to the presence of the nationa laboratories, military bases, federal agencies with substantial operations here (includinbg the , the Bureau of Indian Affairs and the ) and privatwe contractors who do work for the USAJobs.gov, the official job site of the U.S. lists more than 1,000 jobs in New Mexico, varying from humahn resource specialiststo physicians, biologists and vehicle maintenance workers. The 2010 Census is also hirinh inNew Mexico.
Tribal governments have also consistentlyadded jobs, even during the economic downturn, accordinh to monthly employment reports from the New Mexiclo Department of Workforce Solutions. Many of New Mexico’s tribal governments cannot fill all the available jobs with tribal members and employ people from outsidse theirspecific pueblos. Many of these are in hotels andcasinoes (see story on Tourism, page but not all of them.
And although the statse of New Mexico implemented a hirinvg freeze latelast year, therde are some jobs that have been exempted from that Personal & Home Care Aides 6,190 Retaikl Sales workers 6,030 Combined Food Preparatioh & Servers 5,400 Retail Salespersons 4,770 Customer Servic e Representatives 3,240 Cooks & Food Preparation workers 3,230 Home Health Aides 3,190 Registere Nurses 2,920 Elementary School Teachers 2,53p Waiters & Waitresses 2,420 Correctional Officerss & Jailers 2,180 Janitors Cleaners 2,060 Office Clerks, general 1,850 Accounting & Auditing Clerks 1,620 Nursing Aides, Orderlies & Attendants 1,430 Maids & Housekeeping Cleanerx 1,420 Middle School Teachers 1,310 Secondary Schoo Teachers 1,300 Construction Laborers 1,210 Cooks, Restaurants 1,1909 Maintenance & Repair workers 1,150 Accountants & Auditors 1,1500 Receptionists & Information Clerkx 1,140 Executive Secretaries & Admin.
Assistants 1,120 Department of Workforce Solutions, “New Mexicko Employment Projections 2006-2016.” Full report availablee at: www.dws.state.nm.us/LMI/pdf/2016projections.pdf
Tuesday, March 6, 2012
Atlas Pipeline and Williams launch Marcellus Shale venture - Pacific Business News (Honolulu):
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The two companies LLC, on April 1 . Atlaw Energy Resources LLC (NYSE:ATN), an affiliate of Atlas Pipelinw Partners, will be the anchord tenant onLaurel Mountain’s system. Under its agreement with Tulsa, Okla.-based Williamd (NYSE:WMB), Atlas Pipeline Partnersz (NYSE:APL) will receive $90 million in a preferred right to proceeds unde ra $25.5 million obligation from Williams, and 49 percenyt of Laurel Mountain. The obligationm amortizes in equal principal installments over three years.
Atlas Pipeline Partners can converty its right to receive accrued principalp and interest under the obligation into a sum equapl to the accrued principal and interest and use that to cove r its required capital expenditures undefthe joint-venture agreement. Atlas Pipeline Partners also said its lenderd recently agreed to relad the covenants relating to total debt and earningsbefore taxes, depreciation and amortization on its $380 million revolving credit line and $463 million term loan facility.
Additionally, , whichy owns the general partner of AtlasPipeline Partners, said Monday it has repaidd $30 million on its credit facility and will pay down the remaininyg $16 million balance in equal quarterly installments over the next Atlas Pipeline Holdings got the $30 million it used to pay down the facilituy by issuing $15 million of preferred limited partner units to Atlaw Pipeline Partners and by borrowing $15 millio n from Atlas America Inc., which owns Atlas Pipeline Holdings’ general partnetr and 64 percent of its common Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinr Holdings will repay the remaining $16 million on its credift facility.
The Atlas companiezs have offices in Philadelphiaand Moon, Pa.
The two companies LLC, on April 1 . Atlaw Energy Resources LLC (NYSE:ATN), an affiliate of Atlas Pipelinw Partners, will be the anchord tenant onLaurel Mountain’s system. Under its agreement with Tulsa, Okla.-based Williamd (NYSE:WMB), Atlas Pipeline Partnersz (NYSE:APL) will receive $90 million in a preferred right to proceeds unde ra $25.5 million obligation from Williams, and 49 percenyt of Laurel Mountain. The obligationm amortizes in equal principal installments over three years.
Atlas Pipeline Partners can converty its right to receive accrued principalp and interest under the obligation into a sum equapl to the accrued principal and interest and use that to cove r its required capital expenditures undefthe joint-venture agreement. Atlas Pipeline Partners also said its lenderd recently agreed to relad the covenants relating to total debt and earningsbefore taxes, depreciation and amortization on its $380 million revolving credit line and $463 million term loan facility.
Additionally, , whichy owns the general partner of AtlasPipeline Partners, said Monday it has repaidd $30 million on its credit facility and will pay down the remaininyg $16 million balance in equal quarterly installments over the next Atlas Pipeline Holdings got the $30 million it used to pay down the facilituy by issuing $15 million of preferred limited partner units to Atlaw Pipeline Partners and by borrowing $15 millio n from Atlas America Inc., which owns Atlas Pipeline Holdings’ general partnetr and 64 percent of its common Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinr Holdings will repay the remaining $16 million on its credift facility.
The Atlas companiezs have offices in Philadelphiaand Moon, Pa.
Saturday, March 3, 2012
Parris launches health care, life sciences group - Kansas City Business Journal:
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The group is the firs t officially defined practice area for theKansaz City-based public relations and strategi c communications firm, Senior Vice President Laurie Roberts The group is co-led by Roberts, vice presidentws Christine Hamele and Bob Inderman and Bill director of strategy and publi c affairs, the company said in a Roberts said the company doesn't have an estimate of how much revenus the practice group will generate and wouldn'tr disclose it for competitiver reasons if it did.
Increasinbg demands on the healthcare industry, includingf financial and consumer issues, businesws and pricing transparency investigations, reputation management and the effect of technologyh on the industry. "Breathtakingf possibilities" the life sciences offer to this including "(t)he potential for life-saving cureas offered by this field of biomedical as led by The Stowers Institute." Building on two area in which the company already is The company's past and current life scienced clients include , s, the , the and the .
Most Parris Communications provided strategic communications and media counselingfor Missouri'zs Constitutional Amendment 2 (the stem cell initiative), which voterz passed in November. The company's past and current health care clientdsinclude , , , Healthcare and Researcn Facilities Group, and the . Parris Communicationzs ranks No. 2 on the Kansae City Business Journal's list of area public relationse firms.
The group is the firs t officially defined practice area for theKansaz City-based public relations and strategi c communications firm, Senior Vice President Laurie Roberts The group is co-led by Roberts, vice presidentws Christine Hamele and Bob Inderman and Bill director of strategy and publi c affairs, the company said in a Roberts said the company doesn't have an estimate of how much revenus the practice group will generate and wouldn'tr disclose it for competitiver reasons if it did.
Increasinbg demands on the healthcare industry, includingf financial and consumer issues, businesws and pricing transparency investigations, reputation management and the effect of technologyh on the industry. "Breathtakingf possibilities" the life sciences offer to this including "(t)he potential for life-saving cureas offered by this field of biomedical as led by The Stowers Institute." Building on two area in which the company already is The company's past and current life scienced clients include , s, the , the and the .
Most Parris Communications provided strategic communications and media counselingfor Missouri'zs Constitutional Amendment 2 (the stem cell initiative), which voterz passed in November. The company's past and current health care clientdsinclude , , , Healthcare and Researcn Facilities Group, and the . Parris Communicationzs ranks No. 2 on the Kansae City Business Journal's list of area public relationse firms.
Thursday, March 1, 2012
Six Flags files Chapter 11 bankruptcy - Tampa Bay Business Journal:
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has initiated Chapter 11 bankruptcyy proceedings, Six Flags announced Six Flags’ (OTCBB: SIXF) board of directors on June 12 voter to begin reorganization proceedingsin U.S. Bankruptcy Court for the Districgof Delaware. The company liste d assets of $3.03 billiojn and debts of $2.36 billion in its filing. New York-basee Six Flags is planning to reorganizerthe company’s financial structure, which management said is feelingg the pressure of an inherited $2.
4 billion In a letter to employees, Six Flags CEO and presidentf Mark Shapiro said the company’s debt is left over from previouz management and despite the compant making $275 million last year, it has been difficult for Six Flagzs to improve its balance sheet when paying out $175 million in interestf on debt, Shapiro asserted. He added that more than $400 million in debt is due within the next 12 and the company is havinb tospend $100 million in park improvements in an atmospherse where refinancing is Shapiro assured employees no staff reductions will arise out of the and employees will continue to be paid and receive Shapiro said the bankruptcy plan has the support of the company’d lenders and the agent administeringt the company’s $1.
1 billion senior secured credigt facility. Six Flags parks, including Six Flags Greatt America, will continue to operated as usualunder reorganization. Six Flags sold severalk properties last year toraise capital. It still operatew 20 amusement parks inNorth America.
has initiated Chapter 11 bankruptcyy proceedings, Six Flags announced Six Flags’ (OTCBB: SIXF) board of directors on June 12 voter to begin reorganization proceedingsin U.S. Bankruptcy Court for the Districgof Delaware. The company liste d assets of $3.03 billiojn and debts of $2.36 billion in its filing. New York-basee Six Flags is planning to reorganizerthe company’s financial structure, which management said is feelingg the pressure of an inherited $2.
4 billion In a letter to employees, Six Flags CEO and presidentf Mark Shapiro said the company’s debt is left over from previouz management and despite the compant making $275 million last year, it has been difficult for Six Flagzs to improve its balance sheet when paying out $175 million in interestf on debt, Shapiro asserted. He added that more than $400 million in debt is due within the next 12 and the company is havinb tospend $100 million in park improvements in an atmospherse where refinancing is Shapiro assured employees no staff reductions will arise out of the and employees will continue to be paid and receive Shapiro said the bankruptcy plan has the support of the company’d lenders and the agent administeringt the company’s $1.
1 billion senior secured credigt facility. Six Flags parks, including Six Flags Greatt America, will continue to operated as usualunder reorganization. Six Flags sold severalk properties last year toraise capital. It still operatew 20 amusement parks inNorth America.
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