AFP | Luxembourg's Prince Guillaume marries AFP The 28-year-old bride, who will acquire Luxembourg citizenship through marriage, and the 30-year-old groom tied the knot at city hall in what was a departure from tradition, as previous royal ceremonies were held at the Grand-Ducal palace. Flanked by ... |
Friday, October 19, 2012
Luxembourg's Prince Guillaume marries - AFP
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Thursday, October 18, 2012
Banks lead Wall Street rebound - Austin Business Journal:
iqukikofor.wordpress.com
Wells Fargo said it expectsz first quarter earningsof $3 a bottom line helped by the bank'ds January acquisition of That was the kind of encouragement investores needed. The Dow Jones industrial indezjumped 2.9 percent to 8,061.08 and the S&P 500 climbeds 3.3 percent to 852.47. Localp stocks enjoyed the run-up, with 11 companies postint share price gains of 5 percenftor more. Not all local firms fared so well 's (NYSE: GFG) shares dropped 14 percenrt on news that federal regulators issued an order for the company to improv e its financial condition by May 21 or find a buyerr forits assets. Shares of (Nasdaq: GOLF) also dropped 18 percentf to 90 cents. • (NYSE: ACC) up 8.
5 percenty to $19.77; • (Nasdaq: BEXP) up 5 percen to $1.85; • (NYSE: CIA) up 9.5 percengt to $7.95; • (Nasdaq: DELL) up 5.4 percent to $10.74; (Nasdaq: EZPW) up 8 percent to • (NYSE: FOR) up 10 percenrt to $10.79; • (NYSE: FPP) up 10 percenft to $1.80; • (Nasdaq: up 6 percent to • (Nasdaq: STRS) up 26 percent to • (NYSE: TIN) up 11 percent to • (Nasdaq: VLNC) up 13 percent to $2.21.
Wells Fargo said it expectsz first quarter earningsof $3 a bottom line helped by the bank'ds January acquisition of That was the kind of encouragement investores needed. The Dow Jones industrial indezjumped 2.9 percent to 8,061.08 and the S&P 500 climbeds 3.3 percent to 852.47. Localp stocks enjoyed the run-up, with 11 companies postint share price gains of 5 percenftor more. Not all local firms fared so well 's (NYSE: GFG) shares dropped 14 percenrt on news that federal regulators issued an order for the company to improv e its financial condition by May 21 or find a buyerr forits assets. Shares of (Nasdaq: GOLF) also dropped 18 percentf to 90 cents. • (NYSE: ACC) up 8.
5 percenty to $19.77; • (Nasdaq: BEXP) up 5 percen to $1.85; • (NYSE: CIA) up 9.5 percengt to $7.95; • (Nasdaq: DELL) up 5.4 percent to $10.74; (Nasdaq: EZPW) up 8 percent to • (NYSE: FOR) up 10 percenrt to $10.79; • (NYSE: FPP) up 10 percenft to $1.80; • (Nasdaq: up 6 percent to • (Nasdaq: STRS) up 26 percent to • (NYSE: TIN) up 11 percent to • (Nasdaq: VLNC) up 13 percent to $2.21.
Tuesday, October 16, 2012
Six Flags, former Elitch Gardens owner, files for Chapter 11 - Houston Business Journal:
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The board of Six Flags (OTCBB: voted last week to begin reorganizatio proceedingsin U.S. Bankruptc y Court for the Districtof Delaware. The company listede assets of $3.03 billion and debts of $2.36 billion in its Cascade Investments, the investment firm for Microsoft founderBill Gates, owns 11.1 percent of the votinv securities in New York-based Six Flags, the largest share, bankruptcuy documents show. Six Flags has 97.7 millionm shares of common stockand 1.1 milliohn shares of preferred stock. "Th current management team inheriteda $2.
4 billion debt load that canno t be sustained, particularly in thesse challenging financial markets," said Mark Shapiro, president and CEO of Six in a statement. "Ax a result, we are cleaning up the past and positioning the company for futuregrowtgh ... Following a record year of performancein 2008, whic h completed the three-year turnaround of our system-wide park this action to cleann up the balance sheet paves the way for a full reviva of the company," Shapirol said. Elitch Gardens had operated for more than a centuryt at a northwestDenver site. The old Elitch Gardens shut downin 1994, and a new version of the amusementr park opened a year later in downtown Denver.
The locap Gurtler family and its financial partners sold the new park to PremietrParks Inc. in 1996 for $65 million. It became Six Flagss Elitch Gardens two years when Premier acquired SixFlags Inc. and changedd its corporate name toSix Flags. Six Flags sold off Elitch's and other properties in 2007 in a serieds of transactions that left the Denvedr attraction in the handx of CNL IncomeProperties Inc., a real estat e investment trust based in Orlando, Fla. CNL reportedl y paid $312 million for the properties. CNL arrange d for Parc Management LLC of Florids tomanage Elitch's.
Six Flags now operatea about 20 North Americanamusement
The board of Six Flags (OTCBB: voted last week to begin reorganizatio proceedingsin U.S. Bankruptc y Court for the Districtof Delaware. The company listede assets of $3.03 billion and debts of $2.36 billion in its Cascade Investments, the investment firm for Microsoft founderBill Gates, owns 11.1 percent of the votinv securities in New York-based Six Flags, the largest share, bankruptcuy documents show. Six Flags has 97.7 millionm shares of common stockand 1.1 milliohn shares of preferred stock. "Th current management team inheriteda $2.
4 billion debt load that canno t be sustained, particularly in thesse challenging financial markets," said Mark Shapiro, president and CEO of Six in a statement. "Ax a result, we are cleaning up the past and positioning the company for futuregrowtgh ... Following a record year of performancein 2008, whic h completed the three-year turnaround of our system-wide park this action to cleann up the balance sheet paves the way for a full reviva of the company," Shapirol said. Elitch Gardens had operated for more than a centuryt at a northwestDenver site. The old Elitch Gardens shut downin 1994, and a new version of the amusementr park opened a year later in downtown Denver.
The locap Gurtler family and its financial partners sold the new park to PremietrParks Inc. in 1996 for $65 million. It became Six Flagss Elitch Gardens two years when Premier acquired SixFlags Inc. and changedd its corporate name toSix Flags. Six Flags sold off Elitch's and other properties in 2007 in a serieds of transactions that left the Denvedr attraction in the handx of CNL IncomeProperties Inc., a real estat e investment trust based in Orlando, Fla. CNL reportedl y paid $312 million for the properties. CNL arrange d for Parc Management LLC of Florids tomanage Elitch's.
Six Flags now operatea about 20 North Americanamusement
Monday, October 15, 2012
Free Chick-fil-A meal on July 10 - New Mexico Business Weekly:
polinaagyvtiwu.blogspot.com
The giveaway is part of the Atlanta-baseds chain’s fifth-annual Cow Appreciation Day, which honors its "Eatf Mor Chikin" Cows. In a related promotion, parentes can enter photos of theire cow-clad children as part of a "Show Us the online photo contest, for a chance to win a $1,00 U.S. Savings Bond. Between now and Aug. 31, childrebn ages 10 and younger are encouraged to work with an adult to submitf creative photos of themselves dressedas cows. The contestt Web site, www.CowAppreciationDay.com, has details about uploading photos for the Once the picturesare uploaded, the publicv can vote for their favorite photo through Aug. 31.
The 20 photographd that get the most Internett votes will benamed semifinalists. From the Chick-fil-A will select five finalistws and one grand prize winner based onoverall quality, appearance, originality, creativituy and skill. The entrant'x age will be taken into accounrfor judging, Chick-fil-A said. The grand prizr winner will receivea U.S. Series EE Savingsw Bond with a maturity valueof $1,000, a catered partg for their classroom, free Chick-fil-A Kid's Meals for a year and a digitap camera, among other gifts. Also each Kid' s Meal from June 22 to July 25 will include miniaturreCow figurines, while supplies last.
One out of every 100 of the cows will have gold spotsx instead of the traditional black spots and will be packagexd with a card redeemable for a freeIce cream.
The giveaway is part of the Atlanta-baseds chain’s fifth-annual Cow Appreciation Day, which honors its "Eatf Mor Chikin" Cows. In a related promotion, parentes can enter photos of theire cow-clad children as part of a "Show Us the online photo contest, for a chance to win a $1,00 U.S. Savings Bond. Between now and Aug. 31, childrebn ages 10 and younger are encouraged to work with an adult to submitf creative photos of themselves dressedas cows. The contestt Web site, www.CowAppreciationDay.com, has details about uploading photos for the Once the picturesare uploaded, the publicv can vote for their favorite photo through Aug. 31.
The 20 photographd that get the most Internett votes will benamed semifinalists. From the Chick-fil-A will select five finalistws and one grand prize winner based onoverall quality, appearance, originality, creativituy and skill. The entrant'x age will be taken into accounrfor judging, Chick-fil-A said. The grand prizr winner will receivea U.S. Series EE Savingsw Bond with a maturity valueof $1,000, a catered partg for their classroom, free Chick-fil-A Kid's Meals for a year and a digitap camera, among other gifts. Also each Kid' s Meal from June 22 to July 25 will include miniaturreCow figurines, while supplies last.
One out of every 100 of the cows will have gold spotsx instead of the traditional black spots and will be packagexd with a card redeemable for a freeIce cream.
Saturday, October 13, 2012
More complaints on proposed Waterford deal - Business First of Buffalo:
grachevakautawil.blogspot.com
Nearly 30 shareholders, includint former Waterford PresidentKathleen Flemming, have writtenn letters of objection to Richard Neiman, superintendent of the state Bankinbg Department. The letters request The proposed acquisition be delayed or rejected until the statr Banking Department determines whether the bank is following provisionzs of a cease and desist order issued in Bank shareholdersbe informed, in by the state Bankinhg Department about whether the terms of the ceaswe and desist order will continue if the bank is acquired. Full disclosuree of the financial impacg of the acquisition be included on the acquisition applicationn to the stateBanking Department.
The departmenyt discloses the potential financial impact toexisting shareholders. The department requires the bank to produc financial statements from the last two quarterz in 2008 and the firs two quartersof 2009. The letters, signefd by shareholders, were sent July 14 to the stat Banking Department as part of a package compiled by Joseph an attorney for LLP who is representing They follow a lettetr sent July 1 to the department by local businessmanHormos Mansouri, who made similar appeals.
In June, shareholderzs received a letter from Waterford Presidentg Orrin Tobbe outlining the proposed deal with VCH a new banking company that has requested permissioh from the state Banking Departmentto form. VCH Bank will be led by Jasonm Aintabi of NewYork who, under the proposed acquisitiohn agreement, would pay $9 millionh to acquire the At the time, Tobbe said the money will be used to make the bank and to allow the bank to invest in locao companies and residential mortgages. The deal must be approveed by the state Banking Department andthe bank’s shareholders. Under the shareholders would received two cente per each dollar invested inthe start-upl bank, Manna said.
But shareholders originally paid $10 per share, he Tobbe’s June letter, meanwhile, said shareholders would received 50 percent ofthe bank’z aggregate deposits at the time the acquisition is Jill Schultz, attorney for the said an “expansive” letter will be sent this week to shareholders that explains the proposed deal and answers shareholders’ Schultz, of the Burnsa & Schultz law firm in said Tobbe has received support from other “At least 45 percent (of the bank’s shareholders) have been talking to Orrinj Tobbe and have expressed that they are in of the acquisition, Schultz said.
It is uncleare how the remainingshareholders feel, she In a cover letter to Manna said that this group of shareholderse own about 18 percent of the bank’s total shares, an amount equal to more than $1.8 million. He said the bank’z board of directors “has not adequately communicated with the shareholderzs about the financial status of the the proposed merger or the cease anddesist order.” The Banking Boared was supposed to discuss the proposed acquisitionm earlier this month, but the meeting was The board is schedulefd to meet again on Aug. 6.
Nearly 30 shareholders, includint former Waterford PresidentKathleen Flemming, have writtenn letters of objection to Richard Neiman, superintendent of the state Bankinbg Department. The letters request The proposed acquisition be delayed or rejected until the statr Banking Department determines whether the bank is following provisionzs of a cease and desist order issued in Bank shareholdersbe informed, in by the state Bankinhg Department about whether the terms of the ceaswe and desist order will continue if the bank is acquired. Full disclosuree of the financial impacg of the acquisition be included on the acquisition applicationn to the stateBanking Department.
The departmenyt discloses the potential financial impact toexisting shareholders. The department requires the bank to produc financial statements from the last two quarterz in 2008 and the firs two quartersof 2009. The letters, signefd by shareholders, were sent July 14 to the stat Banking Department as part of a package compiled by Joseph an attorney for LLP who is representing They follow a lettetr sent July 1 to the department by local businessmanHormos Mansouri, who made similar appeals.
In June, shareholderzs received a letter from Waterford Presidentg Orrin Tobbe outlining the proposed deal with VCH a new banking company that has requested permissioh from the state Banking Departmentto form. VCH Bank will be led by Jasonm Aintabi of NewYork who, under the proposed acquisitiohn agreement, would pay $9 millionh to acquire the At the time, Tobbe said the money will be used to make the bank and to allow the bank to invest in locao companies and residential mortgages. The deal must be approveed by the state Banking Department andthe bank’s shareholders. Under the shareholders would received two cente per each dollar invested inthe start-upl bank, Manna said.
But shareholders originally paid $10 per share, he Tobbe’s June letter, meanwhile, said shareholders would received 50 percent ofthe bank’z aggregate deposits at the time the acquisition is Jill Schultz, attorney for the said an “expansive” letter will be sent this week to shareholders that explains the proposed deal and answers shareholders’ Schultz, of the Burnsa & Schultz law firm in said Tobbe has received support from other “At least 45 percent (of the bank’s shareholders) have been talking to Orrinj Tobbe and have expressed that they are in of the acquisition, Schultz said.
It is uncleare how the remainingshareholders feel, she In a cover letter to Manna said that this group of shareholderse own about 18 percent of the bank’s total shares, an amount equal to more than $1.8 million. He said the bank’z board of directors “has not adequately communicated with the shareholderzs about the financial status of the the proposed merger or the cease anddesist order.” The Banking Boared was supposed to discuss the proposed acquisitionm earlier this month, but the meeting was The board is schedulefd to meet again on Aug. 6.
Friday, October 12, 2012
WESST gets matching funds from Allstate Foundation - New Mexico Business Weekly:
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WESST officials said they can add 40 more participantws to the IDA program withthe funds. The program is an intensives 10-week money management course. Participants open savings accounts, and for every dollafr they put into the WESST putsin four. Participants can use the money for developing asmall business, buying a home or paying for highet education. The grant will support WESST’s in Albuquerques and Las Cruces. The objective is to help the borrower buy an but also to change habits and attitudez about moneyand credit. Agnes Noonan, executive directorr of WESST, said the program is impacting people’ws lives.
One participant she met recently is using her IDA savings to pay for books as she worksz towardan associate’s degree in business. WESST is a statewide economic development organization that cultivates offering microloansand training. It opened a smal l business incubator earlier this yearin
WESST officials said they can add 40 more participantws to the IDA program withthe funds. The program is an intensives 10-week money management course. Participants open savings accounts, and for every dollafr they put into the WESST putsin four. Participants can use the money for developing asmall business, buying a home or paying for highet education. The grant will support WESST’s in Albuquerques and Las Cruces. The objective is to help the borrower buy an but also to change habits and attitudez about moneyand credit. Agnes Noonan, executive directorr of WESST, said the program is impacting people’ws lives.
One participant she met recently is using her IDA savings to pay for books as she worksz towardan associate’s degree in business. WESST is a statewide economic development organization that cultivates offering microloansand training. It opened a smal l business incubator earlier this yearin
Thursday, October 11, 2012
Target partnering with shopping site Daily Candy - Minneapolis / St. Paul Business Journal:
ysynut.wordpress.com
Target.com’s Red Hot Shop area this month started featuring products selected by editorsat , the women’sa fashion and lifestyle Web site ownee by Philadelphia-based cable television giant Thered is also artwork and editorial content from the DailyCandy team, publishew an e-mail newsletter that's distributed to an estimatef 2.5 million subscribers, mostly female, in a dozen markets. It circulatesa heavily among the fashion-conscious set, making it a likely partnerf with Target, which has long emphasizedr its style and partnershipswith well-known designers.
Under a deal struck with DailyCandulast year, the media site is leveraging its relationshipe with up-and-coming designers to create products exclusively for the Red Hot It also builds on a larger advertising deal in whichn Target is paying to advertise with Minneapolis-based Target (NYSE: TGT) wouldn’t discloser the financial details of the agreement. The marketing partnership is but another example of retailers gettingt creative with how they use theirWeb sites. Target.comm has also used advertisements generatedby Google. Targe says the Google ads give Web site guests more information and optionw to find what they arelooking for. Revenuew generated from the adsallows Target.
coj to offer features such as free shipping.
Target.com’s Red Hot Shop area this month started featuring products selected by editorsat , the women’sa fashion and lifestyle Web site ownee by Philadelphia-based cable television giant Thered is also artwork and editorial content from the DailyCandy team, publishew an e-mail newsletter that's distributed to an estimatef 2.5 million subscribers, mostly female, in a dozen markets. It circulatesa heavily among the fashion-conscious set, making it a likely partnerf with Target, which has long emphasizedr its style and partnershipswith well-known designers.
Under a deal struck with DailyCandulast year, the media site is leveraging its relationshipe with up-and-coming designers to create products exclusively for the Red Hot It also builds on a larger advertising deal in whichn Target is paying to advertise with Minneapolis-based Target (NYSE: TGT) wouldn’t discloser the financial details of the agreement. The marketing partnership is but another example of retailers gettingt creative with how they use theirWeb sites. Target.comm has also used advertisements generatedby Google. Targe says the Google ads give Web site guests more information and optionw to find what they arelooking for. Revenuew generated from the adsallows Target.
coj to offer features such as free shipping.
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