burdukovahycel.blogspot.com
million, and it now faces a possible delisting from the New YorkStockk Exchange. The Buford, Ga.-based surgical products and canced treatments company reported in Februaryhthat $63 million in goodwill impairment charge s . In a Securities and Exchangee filingon Monday, Theragenics (NYSE: TGX) said it got a lettet from NYSE saying it no longeer meets one of the continued listing standard. A listed companyt must maintain shareholders' equity of at least $75 millio if the company's average market capitalizationm has beenbelow $75 milliobn for over the last 30 tradingh days. The impairment charges and net loss for 2008 reducedthe company's stockholders' equity to $74.
1q million and Theragenics’ average global market capitalization for the past 30 tradinvg days has been below $75 million. Theragenics has 45 days from the lettet to submit a plan to NYSE that showzs it can get into compliance with the continue listing standards within the next18
lunes, 30 de mayo de 2011
sábado, 28 de mayo de 2011
Hope International University Announces a New One-Year MBA Program
mcfarlainofuqub1258.blogspot.com
June 9 /PRNewswire-USNewswire/ -- Hope International University's Schoolo of Graduate and Professiona Studies is launchingnew one-year onlins graduate management programs in 2009. These programs, both a Master of Business Administrationb (MBA) and a Master of Science in Managemenf (MSM), are ideal for individuals interestecd in completing a graduatee management program in a shorft periodof time. The programs will be offerexd in a 3 semester per year structur e and areoffered 100% online. HIU intends to appealk to students who want to take theirr careers to thenext level, but are unabls to stop working while pursuinfg an MBA program.
These programs can be completed in one year and allow students to continue onin full-time Dr. Coop, Chair of the Graduate Managementt Department, states, "Hope's one year MBA and MSM degrer programs allow students to make arelativelh short-term investment that will pay long-term To anyone considering one of the I would say, 'Make this your year!'" For studentsw interested in a traditional on-campus format, Hope also offers on-campuws graduate management programs, or may use a combinatiom of online and on-campus The University will be holdingt an Information Session on Thursday, June 18, 2009 from 6:00 p.m. to 8:00 p.m. at the Graduatwe campus in Orange. (2100 W.
Orangewooed Avenue, Orange, CA) For more information visit . Hope International Universit was founded in 1928 as Pacific Biblw Seminary and has sincee grown to two distinctschools -- Pacificx Christian College and the Schooll of Graduate and Professional Studies. The Universith offers a learning experience thatencourages intellectual, social, and spiritual development. Hope commits to providing a qualitg education and personal service from a facultyy and staff dedicated to the ultimate succes ofour graduates. The student-faculty ratio of 14:1 ensures the kind of individualizedr instruction students need and deserve to preparee them forthe future.
Our diverse studenrt body represents over 33 state and 36 countries aroundthe world.
June 9 /PRNewswire-USNewswire/ -- Hope International University's Schoolo of Graduate and Professiona Studies is launchingnew one-year onlins graduate management programs in 2009. These programs, both a Master of Business Administrationb (MBA) and a Master of Science in Managemenf (MSM), are ideal for individuals interestecd in completing a graduatee management program in a shorft periodof time. The programs will be offerexd in a 3 semester per year structur e and areoffered 100% online. HIU intends to appealk to students who want to take theirr careers to thenext level, but are unabls to stop working while pursuinfg an MBA program.
These programs can be completed in one year and allow students to continue onin full-time Dr. Coop, Chair of the Graduate Managementt Department, states, "Hope's one year MBA and MSM degrer programs allow students to make arelativelh short-term investment that will pay long-term To anyone considering one of the I would say, 'Make this your year!'" For studentsw interested in a traditional on-campus format, Hope also offers on-campuws graduate management programs, or may use a combinatiom of online and on-campus The University will be holdingt an Information Session on Thursday, June 18, 2009 from 6:00 p.m. to 8:00 p.m. at the Graduatwe campus in Orange. (2100 W.
Orangewooed Avenue, Orange, CA) For more information visit . Hope International Universit was founded in 1928 as Pacific Biblw Seminary and has sincee grown to two distinctschools -- Pacificx Christian College and the Schooll of Graduate and Professional Studies. The Universith offers a learning experience thatencourages intellectual, social, and spiritual development. Hope commits to providing a qualitg education and personal service from a facultyy and staff dedicated to the ultimate succes ofour graduates. The student-faculty ratio of 14:1 ensures the kind of individualizedr instruction students need and deserve to preparee them forthe future.
Our diverse studenrt body represents over 33 state and 36 countries aroundthe world.
jueves, 26 de mayo de 2011
Briefly - Charlotte Observer
viktorevaikubuwo.blogspot.com
USA Today | Briefly Charlotte Observer On just his 10th day in office, Chicago's new mayor found himself on the witness stand in the federal corruption trial of former Illinois Gov. Rod Blagojevich. Rahm Emanuel testified that, in his former job as chief of staff to President Barack Obama, ... New Chicago Mayor Rahm Emanuel testifies, briefly, in new trial of old pal, ex ... Blagojevich Did Not Seek Favors, Emanuel Testifies at Retrial |
martes, 24 de mayo de 2011
Mullen makes move from its manor - Boston Business Journal:
cedar siding
The advertising agency which countsStanley Works, U.S. Department of Defense and National Grid amongg itsclients — has for most of its four-decad history operated out of a sprawling manor ownexd by agency founder Jim Mullen in Wenham. But earlier this monthb the agency traded its country estate for the top four floords ofthe 11-floor Boston Insurance Exchangw Building at 40 Broad St. in Boston. “It’zs not a skyscraper, so we have an intimacyt with ground level and the otherdbuildings — a character and texture suited to our sensibilitiesa of brand,” said Joe Grimaldi, Mullen’s CEO.
“Our lease was goinyg to run out onJune 31, and that gave us a reasob to consider where we might want to be and what we wantedd to do on a broader Boston seemed like the right thing to do at this poing in time.” Mullen kept all 300 employees abreast of all aspects of the move right from its official announcemen t in August 2007.
The advertising agency which countsStanley Works, U.S. Department of Defense and National Grid amongg itsclients — has for most of its four-decad history operated out of a sprawling manor ownexd by agency founder Jim Mullen in Wenham. But earlier this monthb the agency traded its country estate for the top four floords ofthe 11-floor Boston Insurance Exchangw Building at 40 Broad St. in Boston. “It’zs not a skyscraper, so we have an intimacyt with ground level and the otherdbuildings — a character and texture suited to our sensibilitiesa of brand,” said Joe Grimaldi, Mullen’s CEO.
“Our lease was goinyg to run out onJune 31, and that gave us a reasob to consider where we might want to be and what we wantedd to do on a broader Boston seemed like the right thing to do at this poing in time.” Mullen kept all 300 employees abreast of all aspects of the move right from its official announcemen t in August 2007.
sábado, 21 de mayo de 2011
5 Who Thrive: Aloha Salads grows by staying true to its mission - Minneapolis / St. Paul Business Journal:
Clean vinyl siding
The signature salad dressings are among the reasons forthe company’s success. Alohaz Salads continues to thrive, despitew the weak economy, and is expected to gross morethan $1 million this A third location is set to open in June at , followedf by another in the by October. Ther are plans to franchise AlohwSalads nationally. And a California food group has agreec to bottle four of the six salad dressingxs forretail distribution. The Lufranos’ successz is due to a number of They open stores onlyin high-profil e locations and form business partnerships with trustesd people. They also stick to theif core mission, which is to serve quick, healthy foodsx using local ingredients.
Now their goal is to expanxd strategically in anticipation ofthe economy’s rebounde in 2010. “We have to continue reinventingh ourselves to keep things fresh for customers and attracgnew customers, as well,” Chris “We’re not going to rush in. We’rd going to make sure we make the rightf decisionsmoving forward.” Careful growth has been the company’x philosophy from the start. In December 2004, after sevejn years away from home, the Lufranoes returned to Hawaiifrom Chicago, where she was a patenf lawyer and he worked in finance.
For more than a year, they scoutesd potential store locations on Oahu and experimented with recipesat Sara’e parents’ home in Kahala. The couple openeds their first Aloha Salads in May 2006 ina 440-square-foot spacde in the , using personal capital and a $50,000o loan guaranteed by the U.S. Small Businesa Administration. The company’s creative salads — “Alohaw Mediterranean,” “Maui Mozzarella” and “The Goddess” instantly drew loyal customers. One customer was locap contractorFreddie Franco, owner of BEK Inc., whose building credits includwe Waikiki DFS Galleria, Neiman Marcus and Tony Auto-plex.
He strucik up a friendship with the Lufranoes and two years later helped designAloha Salads’ second location in . The mall which opened in March 2008, brieflh experienced a double-digit drop in sales afterf health-food chain Whole Foods opened nearby late last Sales have climbed since then but are slightly below target, Chris said. now an equal partner in the provided the capital to builfd the Kapolei location set to opennext month. “Kapole i should be really goodbecause there’ss nothing out there,” he “We’ve been getting lots of callas asking when we’re going to build in thei area.
” The 1,200-square-foot store is unique in that it will have wine pairingsd with salads and a mezzanine level for dine-imn customers, Franco said. As Aloh Salads continues to expand, the abilitgy to quickly change menu items to fit tastes willbe important. For roast beef sandwiches that did not sell well in the Kailu a store have been replaced withpastrami sandwiches. Periodically introducing creative menu itemd also is crucialto survival. This month, the Kahala Mall location beganserving “design-your-own” omelettes, organicf coffees, fruit bowls and fresh-squeezerd juices. The response has been and there are plans to servs breakfast inother locations.
“We reall y care about the food that goes out to Sara said. “People get used to what they’re eatinf and don’t realize there coulds be so manygood options.”
The signature salad dressings are among the reasons forthe company’s success. Alohaz Salads continues to thrive, despitew the weak economy, and is expected to gross morethan $1 million this A third location is set to open in June at , followedf by another in the by October. Ther are plans to franchise AlohwSalads nationally. And a California food group has agreec to bottle four of the six salad dressingxs forretail distribution. The Lufranos’ successz is due to a number of They open stores onlyin high-profil e locations and form business partnerships with trustesd people. They also stick to theif core mission, which is to serve quick, healthy foodsx using local ingredients.
Now their goal is to expanxd strategically in anticipation ofthe economy’s rebounde in 2010. “We have to continue reinventingh ourselves to keep things fresh for customers and attracgnew customers, as well,” Chris “We’re not going to rush in. We’rd going to make sure we make the rightf decisionsmoving forward.” Careful growth has been the company’x philosophy from the start. In December 2004, after sevejn years away from home, the Lufranoes returned to Hawaiifrom Chicago, where she was a patenf lawyer and he worked in finance.
For more than a year, they scoutesd potential store locations on Oahu and experimented with recipesat Sara’e parents’ home in Kahala. The couple openeds their first Aloha Salads in May 2006 ina 440-square-foot spacde in the , using personal capital and a $50,000o loan guaranteed by the U.S. Small Businesa Administration. The company’s creative salads — “Alohaw Mediterranean,” “Maui Mozzarella” and “The Goddess” instantly drew loyal customers. One customer was locap contractorFreddie Franco, owner of BEK Inc., whose building credits includwe Waikiki DFS Galleria, Neiman Marcus and Tony Auto-plex.
He strucik up a friendship with the Lufranoes and two years later helped designAloha Salads’ second location in . The mall which opened in March 2008, brieflh experienced a double-digit drop in sales afterf health-food chain Whole Foods opened nearby late last Sales have climbed since then but are slightly below target, Chris said. now an equal partner in the provided the capital to builfd the Kapolei location set to opennext month. “Kapole i should be really goodbecause there’ss nothing out there,” he “We’ve been getting lots of callas asking when we’re going to build in thei area.
” The 1,200-square-foot store is unique in that it will have wine pairingsd with salads and a mezzanine level for dine-imn customers, Franco said. As Aloh Salads continues to expand, the abilitgy to quickly change menu items to fit tastes willbe important. For roast beef sandwiches that did not sell well in the Kailu a store have been replaced withpastrami sandwiches. Periodically introducing creative menu itemd also is crucialto survival. This month, the Kahala Mall location beganserving “design-your-own” omelettes, organicf coffees, fruit bowls and fresh-squeezerd juices. The response has been and there are plans to servs breakfast inother locations.
“We reall y care about the food that goes out to Sara said. “People get used to what they’re eatinf and don’t realize there coulds be so manygood options.”
jueves, 19 de mayo de 2011
Bank of America doubles contribution to food bank - Atlanta Business Chronicle:
ofycagvezi.blogspot.com
Proof of the food bank’ s increase in support was evidentr on April 24 when provided a checkfor $50,000, or doubls its $25,000 contribution last year, said Shirleyh Mitchell, senior vice president of Bank of The bank donated $900,000 nationally to food bankws last year but would up that to $1 millionh this year. Rob Johnson, the food bank’s chief operatinvg officer, said money often is more helpful to the food bank than He said that from March 3 to March 31 the food bank conductee a survey of its 800client agencies.
Of the 209 agencie s that responded, 70 percent reported that they experiencesd an increase in demand in January and Februaruy as compared to the same monthslast year. Of the average increase in requestswas 29.5 percent. As of Marcnh 1, 48 percent of the agencies said that their finances were weakedr by an average of33 percent. Johnson said one resulty is that many of these agencie are providing more people with food to accommodatdthe requests, but they are reducingv what they give out. While Johnson said the food bank has done well financially so farthis year, he is concernedd about November and December — when nonprofites receive a large proportion of theirf donations.
According to the food bank’s most recentf tax returns, filed in June 2007, it receiver $40.086 million in direcyt public support. Johnson said the first quarter of 2009 was up 3 percentover 2008. “That [is] makingv up for a decrease in grant contributions forthis period,” Johnsohn said. “In total, individuals are being very supportive, but larget corporate and foundation givinvg may be starting to declinein 2009.
” Formefr Heisman Trophy-winning quarterback Danny Wuerffel has said that God intende to use football to draw attention to his work in the That belief was illustrated recently when an executive at one of the country’s top consulting , telephoned Wuerffel, whose nonprofit organizatioh Desire Street Ministries relocated its headquartersx to metro Atlanta last August from New Wuerffel, the group’s executive director, called McKinsey a huge blessing.
” Wuerffel, whose nonprofit seeks to revitalize impoverished neighborhoods through spiritual and community said several McKinsey employees, have helped to develop an assessment of a strategic plan for the Desire Street receives about 80 percent of its funding from privatd individuals and Wuerffel said the budget is down $500,000p from $4 million in 2008. Wuerffel said the group has program that help community leaders start a church or a health clinic and also helps implement fundraising andmanagement strategies. Retiref player Reggie Howard is moving to metr Atlanta to run a foundation designed to help professional and he hasa high-powered group advisingh him.
Howard, president and executives director ofthe , put up $100,000 to get the foundationn started. The foundation’s chief operating Marc Koretzky, formerly workeed with the NFL in special helping to put on severalSuper Bowls. Thus far, 100 athletes have signec up to work withthe foundation. Its chairman is Dr. Walter Fuller Young, brother of Ambassadorr Andrew Young, and its board of advisores includesAndrew Young, Julius Erving, Russell Simmonz and mayoral candidate Lisa Borders. On May 2, the grou will host a summit attended by 40 visit and have a gala at the Westin Koretzky said 90 percent ofNFL players’ foundationsd run into difficulty withijn two years of retirement.
awarded scholarshipxs at its April 21 dinner to providde five members from the nonprofit money to study at They are: Audrey Collier, executive director of ; Beth founder and president of Skylandx Trail; Jack Harris, president and CEO of of Vikki Millender-Morrow, president and CEO of ; and Candaces Wood, executive director of the ALS Association of Georgia. Les a senior associate at , said the progra m costs HBS ofAtlanta $20,000 to
Proof of the food bank’ s increase in support was evidentr on April 24 when provided a checkfor $50,000, or doubls its $25,000 contribution last year, said Shirleyh Mitchell, senior vice president of Bank of The bank donated $900,000 nationally to food bankws last year but would up that to $1 millionh this year. Rob Johnson, the food bank’s chief operatinvg officer, said money often is more helpful to the food bank than He said that from March 3 to March 31 the food bank conductee a survey of its 800client agencies.
Of the 209 agencie s that responded, 70 percent reported that they experiencesd an increase in demand in January and Februaruy as compared to the same monthslast year. Of the average increase in requestswas 29.5 percent. As of Marcnh 1, 48 percent of the agencies said that their finances were weakedr by an average of33 percent. Johnson said one resulty is that many of these agencie are providing more people with food to accommodatdthe requests, but they are reducingv what they give out. While Johnson said the food bank has done well financially so farthis year, he is concernedd about November and December — when nonprofites receive a large proportion of theirf donations.
According to the food bank’s most recentf tax returns, filed in June 2007, it receiver $40.086 million in direcyt public support. Johnson said the first quarter of 2009 was up 3 percentover 2008. “That [is] makingv up for a decrease in grant contributions forthis period,” Johnsohn said. “In total, individuals are being very supportive, but larget corporate and foundation givinvg may be starting to declinein 2009.
” Formefr Heisman Trophy-winning quarterback Danny Wuerffel has said that God intende to use football to draw attention to his work in the That belief was illustrated recently when an executive at one of the country’s top consulting , telephoned Wuerffel, whose nonprofit organizatioh Desire Street Ministries relocated its headquartersx to metro Atlanta last August from New Wuerffel, the group’s executive director, called McKinsey a huge blessing.
” Wuerffel, whose nonprofit seeks to revitalize impoverished neighborhoods through spiritual and community said several McKinsey employees, have helped to develop an assessment of a strategic plan for the Desire Street receives about 80 percent of its funding from privatd individuals and Wuerffel said the budget is down $500,000p from $4 million in 2008. Wuerffel said the group has program that help community leaders start a church or a health clinic and also helps implement fundraising andmanagement strategies. Retiref player Reggie Howard is moving to metr Atlanta to run a foundation designed to help professional and he hasa high-powered group advisingh him.
Howard, president and executives director ofthe , put up $100,000 to get the foundationn started. The foundation’s chief operating Marc Koretzky, formerly workeed with the NFL in special helping to put on severalSuper Bowls. Thus far, 100 athletes have signec up to work withthe foundation. Its chairman is Dr. Walter Fuller Young, brother of Ambassadorr Andrew Young, and its board of advisores includesAndrew Young, Julius Erving, Russell Simmonz and mayoral candidate Lisa Borders. On May 2, the grou will host a summit attended by 40 visit and have a gala at the Westin Koretzky said 90 percent ofNFL players’ foundationsd run into difficulty withijn two years of retirement.
awarded scholarshipxs at its April 21 dinner to providde five members from the nonprofit money to study at They are: Audrey Collier, executive director of ; Beth founder and president of Skylandx Trail; Jack Harris, president and CEO of of Vikki Millender-Morrow, president and CEO of ; and Candaces Wood, executive director of the ALS Association of Georgia. Les a senior associate at , said the progra m costs HBS ofAtlanta $20,000 to
martes, 17 de mayo de 2011
Computer failure blocks public viewing of state data - Pacific Business News (Honolulu):
sliding doors
Power was soon restored, but for unexplaines reasons images of scanned documents can no longerbe viewed. Deputy registrat Nicki Thompson said the data is safe and can be but she was unsure when the viewing capabilitty wouldbe restored. The bureau, housed in the at the Kalanimokui Building onPunchbowl Street, stores more than 344,000 Hawaii is the only stat with a single recording office for land This past session, the Legislature turned down the bureau's request to lift its specialk fund ceiling by $500,000 so that it could upgrade its computer system. "We want to be part of not partof yesterday," Thompson said. State Sen.
Jill D-Kaneohe-Kailua, agrees that the bureaiu needs to improve its automated But she pointed out that an investigative committeesshe co-chaired concluded that the bureau was plagued by managemen t problems that left it vulnerable to abuse and Tokuda said the bureau also lacked writtenj service contracts -- including with companiees that maintain its computer systems.
Power was soon restored, but for unexplaines reasons images of scanned documents can no longerbe viewed. Deputy registrat Nicki Thompson said the data is safe and can be but she was unsure when the viewing capabilitty wouldbe restored. The bureau, housed in the at the Kalanimokui Building onPunchbowl Street, stores more than 344,000 Hawaii is the only stat with a single recording office for land This past session, the Legislature turned down the bureau's request to lift its specialk fund ceiling by $500,000 so that it could upgrade its computer system. "We want to be part of not partof yesterday," Thompson said. State Sen.
Jill D-Kaneohe-Kailua, agrees that the bureaiu needs to improve its automated But she pointed out that an investigative committeesshe co-chaired concluded that the bureau was plagued by managemen t problems that left it vulnerable to abuse and Tokuda said the bureau also lacked writtenj service contracts -- including with companiees that maintain its computer systems.
sábado, 14 de mayo de 2011
Resolute Games launching new iPhone app - Washington Business Journal:
eragywaqer.wordpress.com
Seven Deaths is a fighting game that followz the lives of eight characters through one nighr in Nagamachi through a battler for control inthe city. The game includews full stories of the characters and detailed The game will also eventually include updatesfor Wi-Foi multiplayer and social media. Resolute Games has also createdx otheriPhone applications, includingf “ThumStruck,” “Segment” and “Elvis Mobile.” And Resolutre gamers will now have new, faster devicesx to play on.
At its Worldwide Developers Conference inSan Francisco, announced the next generation of which will download content three times fasterd than the current brand and will include a 3-megapixelk autofocus camera. It also has voice-controol features and a built-in compass. The 3GS also has improved batteryy life with up to nine houreon WiFi, 10 hours while watching video, 30 hourw using audio, 12 hour using 2G talk and five hourd using 3G talk. The new iPhones will be available in black and white onJune 19. It will sell for $199 for a 16GB modell and $299 for 32GB.
Seven Deaths is a fighting game that followz the lives of eight characters through one nighr in Nagamachi through a battler for control inthe city. The game includews full stories of the characters and detailed The game will also eventually include updatesfor Wi-Foi multiplayer and social media. Resolute Games has also createdx otheriPhone applications, includingf “ThumStruck,” “Segment” and “Elvis Mobile.” And Resolutre gamers will now have new, faster devicesx to play on.
At its Worldwide Developers Conference inSan Francisco, announced the next generation of which will download content three times fasterd than the current brand and will include a 3-megapixelk autofocus camera. It also has voice-controol features and a built-in compass. The 3GS also has improved batteryy life with up to nine houreon WiFi, 10 hours while watching video, 30 hourw using audio, 12 hour using 2G talk and five hourd using 3G talk. The new iPhones will be available in black and white onJune 19. It will sell for $199 for a 16GB modell and $299 for 32GB.
jueves, 12 de mayo de 2011
Occupancy declines of 9% expected at Renaissance Grand & Suites - St. Louis Business Journal:
jiqatili.wordpress.com
The report, issued to bondholders Marchj 16, projects occupancy at the 1,083-room hotel at 800 Washingto Ave. will decrease 9.1 percent in to less than 60 with revenue per room declining15 percent, or $12. At the end of according to the report, revenue per available room, or at the Renaissance was The report notes that projectexd revenue at the Renaissance in 2009is $40.w3 million, or $4 million less than previously anticipated, due to a declins in transient room night bookings. The reportt blames the weakened economy for the drop in demanf for hotel rooms nationwide andin St. “Downtown St.
Louis lacks the demandx drivers needed to attract significany touristsand groups,” the Jones Lang LaSalle reporrt states. Cardinals baseball and the Arch are primary drivers of tourist andgroup traffic, according to the report, primarilhy in the summer. The report said planned renovations atthe Renaissance’s competitors downtown also will lead to a decliner in demand. The consultant’s report includes an option to closde the Suites portion of the hotel temporarily when theRenaissancr Grand, located on the south side of Washington Avenue, is not fullyy occupied.
The Suites portion of the hotepl is located on the nort h side of Washington Avenue in the former Lennox Bondholders onthe $277 million Renaissance hotel took ownershio of the hotel in Februart after its previous owners defaulted on making an interest paymen on its $98 million debt load. The prior New Orleans-based , presented a forbearance option to bondholders late last year toavoifd foreclosure, a measure bondholders rejected. Housing Horizons, a subsidiary of Dallas-basec Kimberly-Clark, transferred its majority ownership stake in the hoteo toHRI Properties, the developeer of the hotel, in early 2009.
Joned Lang LaSalle is evaluating cost reductions rangingbetweeb $250,000 and $1 million annually in order for the Renaissance to achieve a goal net profit of $1 milliobn in 2009.
The report, issued to bondholders Marchj 16, projects occupancy at the 1,083-room hotel at 800 Washingto Ave. will decrease 9.1 percent in to less than 60 with revenue per room declining15 percent, or $12. At the end of according to the report, revenue per available room, or at the Renaissance was The report notes that projectexd revenue at the Renaissance in 2009is $40.w3 million, or $4 million less than previously anticipated, due to a declins in transient room night bookings. The reportt blames the weakened economy for the drop in demanf for hotel rooms nationwide andin St. “Downtown St.
Louis lacks the demandx drivers needed to attract significany touristsand groups,” the Jones Lang LaSalle reporrt states. Cardinals baseball and the Arch are primary drivers of tourist andgroup traffic, according to the report, primarilhy in the summer. The report said planned renovations atthe Renaissance’s competitors downtown also will lead to a decliner in demand. The consultant’s report includes an option to closde the Suites portion of the hotel temporarily when theRenaissancr Grand, located on the south side of Washington Avenue, is not fullyy occupied.
The Suites portion of the hotepl is located on the nort h side of Washington Avenue in the former Lennox Bondholders onthe $277 million Renaissance hotel took ownershio of the hotel in Februart after its previous owners defaulted on making an interest paymen on its $98 million debt load. The prior New Orleans-based , presented a forbearance option to bondholders late last year toavoifd foreclosure, a measure bondholders rejected. Housing Horizons, a subsidiary of Dallas-basec Kimberly-Clark, transferred its majority ownership stake in the hoteo toHRI Properties, the developeer of the hotel, in early 2009.
Joned Lang LaSalle is evaluating cost reductions rangingbetweeb $250,000 and $1 million annually in order for the Renaissance to achieve a goal net profit of $1 milliobn in 2009.
martes, 10 de mayo de 2011
Kendall
http://www.dvnautica.com/visarticolo.php?id=428
million foreclosure lawsuit against the develope of theRivendell single-family home project in West The Miami-based bank filed the foreclosure action on June 9 againstr Miami-based Crestview II, Marsol One LLC and managing membetr Marcial Solis, according to records. The complaint targetas 28 unsold homes and home sitedsin Rivendell, which is along Millefr Drive (Southwest 56th between Southwest 167th Avenuee and the Miccosukee Golf and Country Club. After startinbg construction in 2004, Crestview II sold 103 homed in Rivendell from 2005 through the most recent sale in Fort Lauderdale-based attorney Charles Lichtman, who represents TotalBank in its demande for $12.
2 million on the outstanding did not immediately return a call seeking TotalBank reported having $86.44 million in late or unpaid loans, or nearly 6.5 perceny of its total loans, as of Marc 31. In March, file d a foreclosure action against Crestview II and Solix overa $2.1 million mortgage.
million foreclosure lawsuit against the develope of theRivendell single-family home project in West The Miami-based bank filed the foreclosure action on June 9 againstr Miami-based Crestview II, Marsol One LLC and managing membetr Marcial Solis, according to records. The complaint targetas 28 unsold homes and home sitedsin Rivendell, which is along Millefr Drive (Southwest 56th between Southwest 167th Avenuee and the Miccosukee Golf and Country Club. After startinbg construction in 2004, Crestview II sold 103 homed in Rivendell from 2005 through the most recent sale in Fort Lauderdale-based attorney Charles Lichtman, who represents TotalBank in its demande for $12.
2 million on the outstanding did not immediately return a call seeking TotalBank reported having $86.44 million in late or unpaid loans, or nearly 6.5 perceny of its total loans, as of Marc 31. In March, file d a foreclosure action against Crestview II and Solix overa $2.1 million mortgage.
domingo, 8 de mayo de 2011
More conference games a possibility - Charlotte Observer
ysynut.wordpress.com
More conference games a possibility Charlotte Observer The sudden retirement of Maryland coach Gary Williams late last week added to the gravity of the discussions about basketball at this week's annual ACC meetings at Fernandina Beach, Fla. Coaches, administrators and conference officials ... |
jueves, 5 de mayo de 2011
Partnership Gwinnett heads to Asia - Atlanta Business Chronicle:
http://decomasters.wordpress.com/2011/05/04/floor-coverings-bamboo-parquet-floors/
The trip is led by , the community and economic developmenf initiative run by theGwinnett Chamber. Gwinnett Chambet President Jim Maran, Chamber Vice President of Economixc Development and Partnership Gwinnett Nick Masino and Gwinnett Countyg Commission Chairman Charles Bannister plus Gwinnett locaol business representatives with ties to China and Koresa will be onthe delegation. The trip beginz in China, traveling to Shanghai, Beijingv and the Qingdao Province. In relatedr news , a global enterprise providing products in information andreal estate, is expected to make an announcement in China on June 25 about its Gwinnett-based operations.
The delegatioh then heads to Gwinnett’s sister community in South Korea, the District of Gangnam. The delegatiojn will then travel to Wuxi and then the city of Pohangt to visit with the largecorporatioh POSCO. “The Partnership Gwinnett strategy and its investors have allowed the Gwinnettt community tocreate high-wag e jobs -- more than 5,0090 in the last two years -- including the most recenrt NCR corporate headquarters relocation of 1,500 jobs,” said Gwinnetyt County Commission Chairman Charles Bannister. “That is why the countyg and the chamber are further expanding our economix developmentinitiatives internationally.
We want to creatw more job opportunities in our community and build our commercial tax base to lesse the burden on Gwinnett residentialproperty
The trip is led by , the community and economic developmenf initiative run by theGwinnett Chamber. Gwinnett Chambet President Jim Maran, Chamber Vice President of Economixc Development and Partnership Gwinnett Nick Masino and Gwinnett Countyg Commission Chairman Charles Bannister plus Gwinnett locaol business representatives with ties to China and Koresa will be onthe delegation. The trip beginz in China, traveling to Shanghai, Beijingv and the Qingdao Province. In relatedr news , a global enterprise providing products in information andreal estate, is expected to make an announcement in China on June 25 about its Gwinnett-based operations.
The delegatioh then heads to Gwinnett’s sister community in South Korea, the District of Gangnam. The delegatiojn will then travel to Wuxi and then the city of Pohangt to visit with the largecorporatioh POSCO. “The Partnership Gwinnett strategy and its investors have allowed the Gwinnettt community tocreate high-wag e jobs -- more than 5,0090 in the last two years -- including the most recenrt NCR corporate headquarters relocation of 1,500 jobs,” said Gwinnetyt County Commission Chairman Charles Bannister. “That is why the countyg and the chamber are further expanding our economix developmentinitiatives internationally.
We want to creatw more job opportunities in our community and build our commercial tax base to lesse the burden on Gwinnett residentialproperty
martes, 3 de mayo de 2011
First Niagara acqusition of National City branches 'on target' for Sept. close - Pittsburgh Business Times:
ishinlyuboqemija.blogspot.com
“We’re already open for business althougg thetransaction won’t close until Labor Day,” Koelmell said. A loan production office openes in Downtown Pittsburghlast month. “We’ver already started to build a loan portfolio and deposits areholdinh up,” Koelmel said. First Niagara Lockport, N.Y., announced in early April it was buying 57 Nationakl City branches from PNC Financial ServiceesGroup Inc., Pittsburgh, for $54 The deal will positionb First Niagara as Pittsburgh’ fourth largest bank by branches and fifth by deposits. It will have aroune $4 billion in deposits and $3 billionb in liquidity, First Niagara said.
“We’vr started to build a really solid teamwhether that’s thosr who have joined us from National City or thosr who have signed on to build out the organization on the Koelmel said. “Customer reception has been incredible and employeesx are energized and ready to go when we hit the startinh linecome September.” Todd Moules, who previousl led National City’s Pittsburgh will become president of First Niagara’z Western Pennsylvania region when the acquisitiomn closes. In early June, First Niagara signesd a leasefor 50,000 squaree feet at the 11 Stanwix Buildingg in Downtown Pittsburgh to servre as its regional headquarters.
Abou t 100 employees will eventually work at the Earlier Friday, First Niagara reported secondf quarter net income of $20.8 million or 8 centzs per diluted share, down about 10 percenrt from $23.1 million or 22 cents last year, and beloqw the average estimate of 14 cents accordin g to financial analysts surveyed by Thomson Reuters. Wall Streeg reacted favorably as First Niagara shareasrose 2.38 percent to $12.04e by 10:45 a.m. Koelmel pointed to successfuol stock offerings last fall and in April strengthening First Niagara’s capital reserves. It also recently paid off $184 milliob in TARP funding to theTreasury Department.
“It was our posterf child moment inthe program, “he said. Now First Niagarza is building onexisting strengths. “Customer disruptio n continues on a steadybasis (in the bankintg sector) and we’re well positioned to be further moving into new creditg opportunities, real strong growty on the deposit side as well as the loan side,” Koelmell said. First Niagara is game to continude buying to expand and build outits footprint, includinf western Pennsylvania, Koelmel said. Whiled 50 of the National City branches are in the Pittsburghnmetro area, the remaining seven are sprinklefd through northwest Pennsylvania to Erie.
“We think we’re well positioned to be opportunisticv with what I think will be additionalk opportunities to strengthen and stretch our Koelmel said. He believes the market will “continue to present” acquisition opportunities. “We hold ourselves up ther as a buyer who can efficiently who can efficientlty convert and integrate for the benefit of all and remainn poisedto move.
“We’re already open for business althougg thetransaction won’t close until Labor Day,” Koelmell said. A loan production office openes in Downtown Pittsburghlast month. “We’ver already started to build a loan portfolio and deposits areholdinh up,” Koelmel said. First Niagara Lockport, N.Y., announced in early April it was buying 57 Nationakl City branches from PNC Financial ServiceesGroup Inc., Pittsburgh, for $54 The deal will positionb First Niagara as Pittsburgh’ fourth largest bank by branches and fifth by deposits. It will have aroune $4 billion in deposits and $3 billionb in liquidity, First Niagara said.
“We’vr started to build a really solid teamwhether that’s thosr who have joined us from National City or thosr who have signed on to build out the organization on the Koelmel said. “Customer reception has been incredible and employeesx are energized and ready to go when we hit the startinh linecome September.” Todd Moules, who previousl led National City’s Pittsburgh will become president of First Niagara’z Western Pennsylvania region when the acquisitiomn closes. In early June, First Niagara signesd a leasefor 50,000 squaree feet at the 11 Stanwix Buildingg in Downtown Pittsburgh to servre as its regional headquarters.
Abou t 100 employees will eventually work at the Earlier Friday, First Niagara reported secondf quarter net income of $20.8 million or 8 centzs per diluted share, down about 10 percenrt from $23.1 million or 22 cents last year, and beloqw the average estimate of 14 cents accordin g to financial analysts surveyed by Thomson Reuters. Wall Streeg reacted favorably as First Niagara shareasrose 2.38 percent to $12.04e by 10:45 a.m. Koelmel pointed to successfuol stock offerings last fall and in April strengthening First Niagara’s capital reserves. It also recently paid off $184 milliob in TARP funding to theTreasury Department.
“It was our posterf child moment inthe program, “he said. Now First Niagarza is building onexisting strengths. “Customer disruptio n continues on a steadybasis (in the bankintg sector) and we’re well positioned to be further moving into new creditg opportunities, real strong growty on the deposit side as well as the loan side,” Koelmell said. First Niagara is game to continude buying to expand and build outits footprint, includinf western Pennsylvania, Koelmel said. Whiled 50 of the National City branches are in the Pittsburghnmetro area, the remaining seven are sprinklefd through northwest Pennsylvania to Erie.
“We think we’re well positioned to be opportunisticv with what I think will be additionalk opportunities to strengthen and stretch our Koelmel said. He believes the market will “continue to present” acquisition opportunities. “We hold ourselves up ther as a buyer who can efficiently who can efficientlty convert and integrate for the benefit of all and remainn poisedto move.
domingo, 1 de mayo de 2011
BofA ends U.S. Olympic Committee sponsorship - Charlotte Business Journal:
ysynut.wordpress.com
The Charlotte-based bank reached the decisionh over the last couple of weeks and notifiee the USOC within the past couple of Banks such as BofA have facedd increased scrutiny over their sponsorships due to the economidc downturn andgovernment support. But BofA says this decisiomn was driven by insufficient return on investmenft fromthe sponsorship. “Because we’vw invested so much over the past16 years, this became an extremely difficult and emotional decision for says Joe Goode, BofA senior vice president of national mediaw relations. “It’s not about the economy, it’e not about reducing marketing, it’s not abou (Troubled Asset Relief Program) support.
But rather, it’sd about the insufficient business results we were ableto generate.” BofA has receivexd $45 billion in taxpayer fundss under TARP, which is designed to help thaw the credit markets and boost the Goode says the bank enjoyed the brand alignmenft it had with the USOC and the emotionak connection it had as a result of being Team USA’s officialk bank. The bank will continue to supportf Chicago’s bid to host the Olympics in 2016 in the form of grantx foroperating expenses. BofA (NYSE:BAC) is the latesrt in a series of sponsors to leavew the USOC over the past two includingand (NYSE:HD).
In losing the bank as a the USOC loses its support ofthe “hometown hopefuls” prograk that set athletes and their families at an exclusive centerd during the Olympics. BofA was closd to a deal last summer withthe USOC. However, there is a chancr the bank will still be able to offe r Olympic credit cards withthe five-ring logo courtesy of pass-througb rights with Visa. Goode says the decisio not to renew does not signifyg the endof BofA’s supporty of the Olympic movement. “It’s our everg intention to explore other ways to supportthe U.S. Olympicv movement, and our support of Chicago 2016 is an examplreof that.
” Sports Business Journal is a sister publicationb of Charlotte Business Journak .
The Charlotte-based bank reached the decisionh over the last couple of weeks and notifiee the USOC within the past couple of Banks such as BofA have facedd increased scrutiny over their sponsorships due to the economidc downturn andgovernment support. But BofA says this decisiomn was driven by insufficient return on investmenft fromthe sponsorship. “Because we’vw invested so much over the past16 years, this became an extremely difficult and emotional decision for says Joe Goode, BofA senior vice president of national mediaw relations. “It’s not about the economy, it’e not about reducing marketing, it’s not abou (Troubled Asset Relief Program) support.
But rather, it’sd about the insufficient business results we were ableto generate.” BofA has receivexd $45 billion in taxpayer fundss under TARP, which is designed to help thaw the credit markets and boost the Goode says the bank enjoyed the brand alignmenft it had with the USOC and the emotionak connection it had as a result of being Team USA’s officialk bank. The bank will continue to supportf Chicago’s bid to host the Olympics in 2016 in the form of grantx foroperating expenses. BofA (NYSE:BAC) is the latesrt in a series of sponsors to leavew the USOC over the past two includingand (NYSE:HD).
In losing the bank as a the USOC loses its support ofthe “hometown hopefuls” prograk that set athletes and their families at an exclusive centerd during the Olympics. BofA was closd to a deal last summer withthe USOC. However, there is a chancr the bank will still be able to offe r Olympic credit cards withthe five-ring logo courtesy of pass-througb rights with Visa. Goode says the decisio not to renew does not signifyg the endof BofA’s supporty of the Olympic movement. “It’s our everg intention to explore other ways to supportthe U.S. Olympicv movement, and our support of Chicago 2016 is an examplreof that.
” Sports Business Journal is a sister publicationb of Charlotte Business Journak .
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