vilyfijohy.wordpress.com
The industry group said the index for new and refinancex loans for the week ended May 29fell 16.2 The results include an adjustment to account for Memorialk Day. On an unadjusted basis, the index decreaserd 32.5 percent compared to the previousw week andincreased 14.4 percent compared to the same week a year ago. The refinanc e share of mortgage activity decreasedto 62.4 percenty of total applications from 69.3 percent the previoua week. The adjustable-rate mortgage (ARM) sharew of activity increased to 3 percentfrom 2.6 percenft of total applications the previousa week. The average interest rate for 30-year fixed-rate mortgageas increased to 5.25 percent from 4.
81 percent, with points decreasing to 1.02 from 1.28. The 44-basis-poinrt increase in the 30-year rate was the larges t sincea 48-basis-point increase in October 2008. The average interestf rate for 15-year fixed-rat e mortgages increased to 4.8 percent from 4.44 percent, with points decreasinbg to 1.1 from 1.16. The average interest rate for one-yeaer ARMs increased to 6.61 percent from 6.55 percent, with points increasingy to 0.15 from 0.12 (including the origination fee) for 80 percent loan-to-values loans.
Saturday, December 31, 2011
Thursday, December 29, 2011
North Carolina's $2B hog industry belted as farms fail - Charlotte Business Journal:
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Two culprits – overlt large herds and rising costs due to higher graibnprices – have been shrinking the bottojm lines at many hog operations in North the nation’s second largest hog-producing state, behind only To those factors can be added the receny swine flu, or H1N1 flu, the effects of which the industry is only startingb to tally up. “A lot of people have just not realizex what’s been going on in the says Deborah Johnson, CEO of the , an industrg trade group.
Already, she says, “W are beginning to see some (hog leave the industry due to financial At three eastern NorthCarolina operations, relie f from the pressure will come from Chapter 11 or Chapter 12 Chapter 12 is a provision written into the federapl bankruptcy code in 1986 dealing exclusively with familg farms. Both Chapter 11 and Chapter 12 allow a company breathing room to attempta reorganization. In their reorganizatiob filings, Bunting Swine Farms of Wilson listed assets of just under $1 million and debts of $12.43 million; Perfect Pig of Newton Grove in Sampso n County listed assets of $9.
3 million and debtsw of $23 million; and of Enfield listed assets and debtz in the $1 million to $10 milliom range. All three are considered mid-levepl operations, producing between 100,000 and 200,00o0 hogs a year. North Carolina farmers raises about 10 million hogs a year for Some farmersare independent, taking their product directlu to the market. Other farmerxs operate under contract with one of the majortpork producers, such as Virginia-based , which in the past has had contractw with more than 1,000 North Carolina farms.
Anothetr prominent producer is , which has had deala with as many as 150 North Carolina Recent developments at publicly traded Smithfield Foodaillustrate what’s ailing the industry. The meat-producinh giant, in a recent U.S. Securities and Exchangde Commission filing, reported losses of $112 millioj for the nine monthsending Feb.1, 2009, explaining that its costd per hundred weight of hog had risen from $49 to $62, largelu due to higher grain prices. The compangy attributes the rise in grain costwto “the United States’ ‘corn to ethanol’ policy.
” Meanwhile, as costsz were climbing, the Smithfield managerws say, the market was glutted because a record numbers of hogs were slaughteredf in 2008 and into 2009. Demand for pork at the grocery store has been flat in recent New retail numbers will begin to tell the effectse of the H1N1 While a final determination has not been the blame for the flu outbreak is bein laid to hog farms by In response tomarket conditions, Smithfield has been closingh some production plants, including one in Elon near and shaving 1,800 employee s companywide. “The whole industry is feeling pressure,” says Dr.
Todd See of Lookinv down the road, grain price have started to moderate in recengtweeks and, Johnson says, the latest North Carolina herd is expected to be 3 percengt smaller than last year’s. Nationwide, the movement toward smalle herds might be even more pronounced thanNorthb Carolina’s 3 percent, says Christine McCracken, an analyst with Clevelande Research Co. “A lot of these (hog have been losing money for 18 she says. “And that’s a long time.
”
Two culprits – overlt large herds and rising costs due to higher graibnprices – have been shrinking the bottojm lines at many hog operations in North the nation’s second largest hog-producing state, behind only To those factors can be added the receny swine flu, or H1N1 flu, the effects of which the industry is only startingb to tally up. “A lot of people have just not realizex what’s been going on in the says Deborah Johnson, CEO of the , an industrg trade group.
Already, she says, “W are beginning to see some (hog leave the industry due to financial At three eastern NorthCarolina operations, relie f from the pressure will come from Chapter 11 or Chapter 12 Chapter 12 is a provision written into the federapl bankruptcy code in 1986 dealing exclusively with familg farms. Both Chapter 11 and Chapter 12 allow a company breathing room to attempta reorganization. In their reorganizatiob filings, Bunting Swine Farms of Wilson listed assets of just under $1 million and debts of $12.43 million; Perfect Pig of Newton Grove in Sampso n County listed assets of $9.
3 million and debtsw of $23 million; and of Enfield listed assets and debtz in the $1 million to $10 milliom range. All three are considered mid-levepl operations, producing between 100,000 and 200,00o0 hogs a year. North Carolina farmers raises about 10 million hogs a year for Some farmersare independent, taking their product directlu to the market. Other farmerxs operate under contract with one of the majortpork producers, such as Virginia-based , which in the past has had contractw with more than 1,000 North Carolina farms.
Anothetr prominent producer is , which has had deala with as many as 150 North Carolina Recent developments at publicly traded Smithfield Foodaillustrate what’s ailing the industry. The meat-producinh giant, in a recent U.S. Securities and Exchangde Commission filing, reported losses of $112 millioj for the nine monthsending Feb.1, 2009, explaining that its costd per hundred weight of hog had risen from $49 to $62, largelu due to higher grain prices. The compangy attributes the rise in grain costwto “the United States’ ‘corn to ethanol’ policy.
” Meanwhile, as costsz were climbing, the Smithfield managerws say, the market was glutted because a record numbers of hogs were slaughteredf in 2008 and into 2009. Demand for pork at the grocery store has been flat in recent New retail numbers will begin to tell the effectse of the H1N1 While a final determination has not been the blame for the flu outbreak is bein laid to hog farms by In response tomarket conditions, Smithfield has been closingh some production plants, including one in Elon near and shaving 1,800 employee s companywide. “The whole industry is feeling pressure,” says Dr.
Todd See of Lookinv down the road, grain price have started to moderate in recengtweeks and, Johnson says, the latest North Carolina herd is expected to be 3 percengt smaller than last year’s. Nationwide, the movement toward smalle herds might be even more pronounced thanNorthb Carolina’s 3 percent, says Christine McCracken, an analyst with Clevelande Research Co. “A lot of these (hog have been losing money for 18 she says. “And that’s a long time.
”
Monday, December 26, 2011
Keep Mobile Beautiful encourages Christmas tree recycling - Press-Register - al.com (blog)
ejoxot.wordpress.com
Press-Register - al.com (blog) | Keep Mobile Beautiful encourages Christmas tree recycling Press-Register - al.com (blog) (Press-Register file) MOBILE, Alabama â€" Keep Mobile Beautiful urges everyone to recycle their Christmas trees.The organization is collecting trees through Jan. 15 at six locations: Park Forest Center, Moffet Road at forest Hill Drive. ... Christmas Tree Recycling Returns with Holidays Annual Christmas Tree Recycling Program Underway Your Old Christmas Tree Could Help Beautify Gwinnett |
Saturday, December 24, 2011
CommonBond Communities' 'Open Doors' Display Opens Eyes - and Hearts - to the Need for Affordable Housing at Friday's Fundraising Gala
ernstiryastrov.blogspot.com
May 27 /PRNewswire/ -- WHAT: Five brightlyg colored doors representingthe 4,000 homez CommonBond Communities plans to build or preserve in the next five yearas make their way to the Minneapolis Depot on Fridauy for CommonBond's 11th annual fundraising The 'Open Doors' created for CommonBond by BBDO have been "touring" the Twin Cities since last fall to raiss awareness about the growing need for affordable housing. CommonBond hopesa the thousands of downtown professionals who saw the doords in the Minneapolis skyway system at the 5th Street and Capella Towerd and other locations will attencd the gala and be motivatedf to donate to thisimportanty cause. WHEN: Friday, May 29, 2009 6 - 11 p.m.
5:00-6:00 cover shots of the silent the five doors on display at TheDepo , president of CommonBonf Communities, , a formere resident and current college graduate and , a retiredf Wells Fargo executive. Fate, Abdalla and Berg will also be joinefd by resident guests andaward winners. Award, Award. CommonBond resident kids present a rap song they wrote Live auction and band endsthe WHERE: THE DEPOT MINNEAPOLIS, 225 3rd Avenue South, MN 55401 Phone: 612.375.1700 ABOUT COMMONBOND COMMUNITIES: CommonBonsd Communities is the largest nonprofit provideer of affordable homes with on-sitew resident services in the Upper Midwest.
CommonBond's nearly 5,000 apartments and town homees are locatedin Minnesota, Wisconsinn and Iowa. CommonBond Communities has earned a nationak reputation for excellence in developing and managing qualityt affordable housing while providing customized resident serviceas administered through Advantage Centers that promoteresident success.
May 27 /PRNewswire/ -- WHAT: Five brightlyg colored doors representingthe 4,000 homez CommonBond Communities plans to build or preserve in the next five yearas make their way to the Minneapolis Depot on Fridauy for CommonBond's 11th annual fundraising The 'Open Doors' created for CommonBond by BBDO have been "touring" the Twin Cities since last fall to raiss awareness about the growing need for affordable housing. CommonBond hopesa the thousands of downtown professionals who saw the doords in the Minneapolis skyway system at the 5th Street and Capella Towerd and other locations will attencd the gala and be motivatedf to donate to thisimportanty cause. WHEN: Friday, May 29, 2009 6 - 11 p.m.
5:00-6:00 cover shots of the silent the five doors on display at TheDepo , president of CommonBonf Communities, , a formere resident and current college graduate and , a retiredf Wells Fargo executive. Fate, Abdalla and Berg will also be joinefd by resident guests andaward winners. Award, Award. CommonBond resident kids present a rap song they wrote Live auction and band endsthe WHERE: THE DEPOT MINNEAPOLIS, 225 3rd Avenue South, MN 55401 Phone: 612.375.1700 ABOUT COMMONBOND COMMUNITIES: CommonBonsd Communities is the largest nonprofit provideer of affordable homes with on-sitew resident services in the Upper Midwest.
CommonBond's nearly 5,000 apartments and town homees are locatedin Minnesota, Wisconsinn and Iowa. CommonBond Communities has earned a nationak reputation for excellence in developing and managing qualityt affordable housing while providing customized resident serviceas administered through Advantage Centers that promoteresident success.
Thursday, December 22, 2011
Tuesday, December 20, 2011
MarketsandMarkets: Acute Myeloid Leukemia Therapeutics Market in G8 Countries ... - PR Newswire (press release)
xagawu.wordpress.com
MarketsandMarkets: Acute Myeloid Leukemia Therapeutics Market in G8 Countries ... PR Newswire (press release) The "Acute Myeloid Leukemia Therapeutics Market in G8 Countries (2010 - 2020)" analyzes and studies the major market drivers, restraints, and opportunities in regions such as North America, Europe, and Japan. Browse market data tables and in-depth TOC ... |
Catskill Daily Mail | Patroon bowling: CA, CD, Panthers, Cats win Catskill Daily Mail CATSKILL â€" Coxsackie-Athens blanked Waterford-Halfmoon 5-0 at home in Patroon Conference varsity bowling Thursday at HoeBowl Lanes in Catskill, according to an email from CA coach Vicky Kardas. The Indians triumphed with a total pinfall differential ... |
Tuesday, December 13, 2011
Pro-Choice Community Pushes Back on Administrative Decisions - Fox News
sunrise-invoices.blogspot.com
Fox News | Pro-Choice Community Pushes Back on Administrative Decisions Fox News WASHINGTON â€" The Obama administration is taking heat from a group that's usually a reliable ally: the pro-choice community. In federal court Tuesday, a judge heard arguments about whether the Food and Drug Administration (FDA) should be held in ... |
Sunday, December 11, 2011
Survey: Gas prices factor in car purchases - Denver Business Journal:
ocybakenos.wordpress.com
Eighty-seven percent of new car shoppersa last month said they think gas prices will gomuch higher, up from 66 perceny in April. The prospect of higher gas pricez also is having an impact onpurchasingy decisions. When asked what they would be most likely to compromisee in theirnext new-vehicle purchase, shoppers cited engind size as the top item likely to be followed closely by vehicle size. In addition, 73 percent of thoswe who saw gas prices increasing in May said they plan to changr their spending habits if gas pricesa were to gomuch higher.
"Whiled we may not see the $5-per-gallon gas experiencef in some areas last current economic conditions compounded by the pain at the pump maymake $3-per-gallonm gas a new threshold for car buyers the point at which they change theirt mind about what vehicle to buy and how they spenfd their money," said Jack Nerad, executive editoriakl director and executive market analyst for Kelley Blue Book and KBB.
com, in a news
Eighty-seven percent of new car shoppersa last month said they think gas prices will gomuch higher, up from 66 perceny in April. The prospect of higher gas pricez also is having an impact onpurchasingy decisions. When asked what they would be most likely to compromisee in theirnext new-vehicle purchase, shoppers cited engind size as the top item likely to be followed closely by vehicle size. In addition, 73 percent of thoswe who saw gas prices increasing in May said they plan to changr their spending habits if gas pricesa were to gomuch higher.
"Whiled we may not see the $5-per-gallon gas experiencef in some areas last current economic conditions compounded by the pain at the pump maymake $3-per-gallonm gas a new threshold for car buyers the point at which they change theirt mind about what vehicle to buy and how they spenfd their money," said Jack Nerad, executive editoriakl director and executive market analyst for Kelley Blue Book and KBB.
com, in a news
Friday, December 9, 2011
State
eragywaqer.wordpress.com
The state on Friday reported Ohio’xs jobless rate for January shotto 8.8 percent from a revise d 7.4 percent in December and 5.7 percent in Januar y 2008. The unemployment rate hasn’t scale to those heights since when itaveraged 8.9 percent while the nation was recovering from a deep recession earliee that decade. The department said Ohio’s non-farm payroll fell by nearlyt 60,000 workers over the montg to 5.21 million. That’s down nearly 215,000 jobs from a year The state’s total work force, which includezs employed Ohioans and the unemployed who areseekinb work, totaled 5.74 million in January.
About three in every five jobs lost in the state last month were inthe goods-producing which includes manufacturing and construction jobs. In the servicee sector, the financial industry lost nearly 7,000 the department said. The national unemployment ratelast month, by grew to 7.6 percent in Januaru from 7.2 percent in The Job and Family Services Department plans to releasew county- and metro-level unemployment statistics February unemployment report will follow March 20.
The state on Friday reported Ohio’xs jobless rate for January shotto 8.8 percent from a revise d 7.4 percent in December and 5.7 percent in Januar y 2008. The unemployment rate hasn’t scale to those heights since when itaveraged 8.9 percent while the nation was recovering from a deep recession earliee that decade. The department said Ohio’s non-farm payroll fell by nearlyt 60,000 workers over the montg to 5.21 million. That’s down nearly 215,000 jobs from a year The state’s total work force, which includezs employed Ohioans and the unemployed who areseekinb work, totaled 5.74 million in January.
About three in every five jobs lost in the state last month were inthe goods-producing which includes manufacturing and construction jobs. In the servicee sector, the financial industry lost nearly 7,000 the department said. The national unemployment ratelast month, by grew to 7.6 percent in Januaru from 7.2 percent in The Job and Family Services Department plans to releasew county- and metro-level unemployment statistics February unemployment report will follow March 20.
Wednesday, December 7, 2011
St. Louis Business Journal:
badillodacyroic1505.blogspot.com
Wells Fargo & Co. hired Tim Willi as managing director and senior analyst covering the transactionao processing and financialtechnology sectors. Huntleigh Securities Corp. hired John O
Wells Fargo & Co. hired Tim Willi as managing director and senior analyst covering the transactionao processing and financialtechnology sectors. Huntleigh Securities Corp. hired John O
Monday, December 5, 2011
Tradeshow specialist finds success in diversification - New Mexico Business Weekly:
esivyjifag.wordpress.com
"Nationally, I would say about 31 percengt of custom houses closedr their doors or lost substantial money and had todownsizew drastically," says D.J. Heckes, chief executive officer of Albuquerque's . But not Exhib-it The then one-year-old company grew eight percent that says Heckes. In 2000, Heckes, who had worked for an exhibit business for fiveyears part-time, bought that company'xs New Mexico territory. She made $90,0000 in her first month. The firm was "one of the Duke City Dozej ... the fastest growing businessesin Albuquerque," she says. But then 11 struck. Initially, Exhib-it! was buffered because much of its business came fromstatwe government.
However, in the ensuing months, as private companies cut back on marketing andtradde shows, Heckes quickly had to come up with new strategies to She diversified the company. Before the 2001 terrorist it had solely suppliedrtradeshow exhibitions. After the attacks, it also began offerin permanent wall decorationsfor showrooms, brochuree designs, graphic logo re-creations, needs assessment in-house designs, shipping, set-up, storage and add-on displays. Now, "We don't just help a client go to a tradeshow; we can help branfd their whole image," says Heckes. A companyt has only 3.8 secondx at a tradeshow to capture apotentia customer's interest, Heckes explains.
Given that the exhibits she sells runfrom $275 up to they must instantly attract So Exhib-it! works with companies much like an advertisinh agency, to determine a firm's essential message so it can be reflecteds in its exhibits. "We take their uniqueness, research theirf background, research their identity and brand, come up with an image package that ties them into how they Heckes says. For example, Exhib-it! built a traveling exhibif for -- a wall that appearexd three-dimensional, replicating that organization's graphics in the Albuquerque Chambetrof Commerce's offices.
"Wheh you travel a lot and take it upand down, you can'tg take all those 3D things on and off. So we designedc it to give the depthof 3D, so when they'red traveling all around the state, they have an imagse that reflects their brand," Heckes says. Exhib-it! also will individualizre any existing display inits showroom. Customers don'yt have to settle for off-the-rack gazebos or Instead, Exhib-it! will tailor the product to the company' s needs. "Our in-house design team will design whateverf thatcompany needs, from scratch and according to Heckes says. Exhib-it!
's showroom itself is set up like atradeshos -- the space is filled with displays for both smalll and large companies. "We have to be so diversified to not scarer away the small ma and pa but (still) notice the larger companies," says Heckes, notinb that her market is composed of 35 percent state/federal government agencies and, among her 3,000 New Mexicok clients, 41 percent small and 24 percent large One way Heckes spans this client range is to desighn both portable displays and custom. Custom displays are generall large, expensive wall units or made for big companies exhibiting atnationapl shows.
Portable displays, on the other are more affordable andtransportable -- an ultra-thin light box, or a literature stande that collapses into a lap-top-size unit, for In the past, custom designs were more prevaleny than portables, Heckes says. But after Sept. 11, portables became preferable. "When you deal with ... huge, crated exhibit ... you're probably talking about to/from/set-up show costws of over $20,000." Consequently, portables, which increase speedd of delivery and set up and decrease shipping have become anindustry trend. Further, portables now can be tailored to individualcorporate needs.
"Nationally, I would say about 31 percengt of custom houses closedr their doors or lost substantial money and had todownsizew drastically," says D.J. Heckes, chief executive officer of Albuquerque's . But not Exhib-it The then one-year-old company grew eight percent that says Heckes. In 2000, Heckes, who had worked for an exhibit business for fiveyears part-time, bought that company'xs New Mexico territory. She made $90,0000 in her first month. The firm was "one of the Duke City Dozej ... the fastest growing businessesin Albuquerque," she says. But then 11 struck. Initially, Exhib-it! was buffered because much of its business came fromstatwe government.
However, in the ensuing months, as private companies cut back on marketing andtradde shows, Heckes quickly had to come up with new strategies to She diversified the company. Before the 2001 terrorist it had solely suppliedrtradeshow exhibitions. After the attacks, it also began offerin permanent wall decorationsfor showrooms, brochuree designs, graphic logo re-creations, needs assessment in-house designs, shipping, set-up, storage and add-on displays. Now, "We don't just help a client go to a tradeshow; we can help branfd their whole image," says Heckes. A companyt has only 3.8 secondx at a tradeshow to capture apotentia customer's interest, Heckes explains.
Given that the exhibits she sells runfrom $275 up to they must instantly attract So Exhib-it! works with companies much like an advertisinh agency, to determine a firm's essential message so it can be reflecteds in its exhibits. "We take their uniqueness, research theirf background, research their identity and brand, come up with an image package that ties them into how they Heckes says. For example, Exhib-it! built a traveling exhibif for -- a wall that appearexd three-dimensional, replicating that organization's graphics in the Albuquerque Chambetrof Commerce's offices.
"Wheh you travel a lot and take it upand down, you can'tg take all those 3D things on and off. So we designedc it to give the depthof 3D, so when they'red traveling all around the state, they have an imagse that reflects their brand," Heckes says. Exhib-it! also will individualizre any existing display inits showroom. Customers don'yt have to settle for off-the-rack gazebos or Instead, Exhib-it! will tailor the product to the company' s needs. "Our in-house design team will design whateverf thatcompany needs, from scratch and according to Heckes says. Exhib-it!
's showroom itself is set up like atradeshos -- the space is filled with displays for both smalll and large companies. "We have to be so diversified to not scarer away the small ma and pa but (still) notice the larger companies," says Heckes, notinb that her market is composed of 35 percent state/federal government agencies and, among her 3,000 New Mexicok clients, 41 percent small and 24 percent large One way Heckes spans this client range is to desighn both portable displays and custom. Custom displays are generall large, expensive wall units or made for big companies exhibiting atnationapl shows.
Portable displays, on the other are more affordable andtransportable -- an ultra-thin light box, or a literature stande that collapses into a lap-top-size unit, for In the past, custom designs were more prevaleny than portables, Heckes says. But after Sept. 11, portables became preferable. "When you deal with ... huge, crated exhibit ... you're probably talking about to/from/set-up show costws of over $20,000." Consequently, portables, which increase speedd of delivery and set up and decrease shipping have become anindustry trend. Further, portables now can be tailored to individualcorporate needs.
Saturday, December 3, 2011
Judge OKs sale of Columbus CEO parent
fixyruw.wordpress.com
The order by Judge Kevihn Carey clearsthe $32 million sale of thosew American Community assets that are free of liens, claims and othetr interests. The company filed for Chaptert 11 bankruptcy protection in late April to launcga restructuring. The order approving the sale indicatese no other bids for the companyh surfaced in bankruptcy proceedings aside fromits creditors, so an auctiojn wasn’t held. Creditors buying the company’x assets formed American Community Newspapersd II LLC to pursue the according tothe agreement.
The transaction comezs about two years after the suburbamn Dallas publisher arrived in Central Ohio with its purchased of The OtherPaper , Columbus Monthluy and CEO magazines and the Suburban News Publication s weekly newspaper chain from CM Media. A spokesmam for American Community Newspapers said Friday morninh thecompany doesn’t expect changes in its day-to-day operationse as a result of the sale.
The order by Judge Kevihn Carey clearsthe $32 million sale of thosew American Community assets that are free of liens, claims and othetr interests. The company filed for Chaptert 11 bankruptcy protection in late April to launcga restructuring. The order approving the sale indicatese no other bids for the companyh surfaced in bankruptcy proceedings aside fromits creditors, so an auctiojn wasn’t held. Creditors buying the company’x assets formed American Community Newspapersd II LLC to pursue the according tothe agreement.
The transaction comezs about two years after the suburbamn Dallas publisher arrived in Central Ohio with its purchased of The OtherPaper , Columbus Monthluy and CEO magazines and the Suburban News Publication s weekly newspaper chain from CM Media. A spokesmam for American Community Newspapers said Friday morninh thecompany doesn’t expect changes in its day-to-day operationse as a result of the sale.
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