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The newspaper, which declared bankruptcy Jan. 15, filefd its proposed reorganization plan withthe U.S. Bankruptc y Court for the Souther n District of New Yorkon Thursday. The papetr said its creditors have agreed tothe plan. Under the the Star Tribune would emergd from bankruptcywith $100 million in debt. The companyu would be worth between $118 million and $144 including its real estate holdings. Unsecured creditors will receiver a small cash distribution or be converted into new commonn stock and warrants to be issued by thereorganized company. The newspaper’s current ownershio group, led by New York-basecd , will not receive a stakr in thenew company.
Avistaq bought the paper in 2007for $530 Chairman and Publisher Chris a member of Avista Capital Partners’ executive advisory board, will leav e the newspaper, which will get a new boarfd of directors, publisher and CEO. “The Star Tribunse expects to emerge from its financial restructuring as a financiallyviablw business, with a stronger balance significantly less debt and substantially reduced operatintg costs,” the newspaper said in a statement.
Friday, June 29, 2012
Thursday, June 28, 2012
Riverpoint Capital Management, Inc Company Profile | Company Information
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About Riverpoint Capital Management, Inc RiverPoinr Capital Management offers highly confidential investment services and a nationally ranked investmentg performancetrack record. RiverPoinr is free from numerous conflictsx of interest inherent in larger ensuring that the interests of our clientse alwayscome first. Our depth of knowledg and experience keeps us focused on helpingour clients' assets grow in a manner consistenf with their tolerance for risk, unaffectef by Wall Street fads. We currentlyg manage client assets in excessof $1 We have an unwavering commitmentg to client service, which sets us apart in the crowded investmen field.
Our work with our clients - Actively monitoring and managintginvestments - Coordinating and activel y partnering with other advisors, including CPAs and attorneys - Providinh personalized, confidential investment and financial planning advice - Coordinating private bankinvg services and lending needs - Providing daily onlinse portfolio access
About Riverpoint Capital Management, Inc RiverPoinr Capital Management offers highly confidential investment services and a nationally ranked investmentg performancetrack record. RiverPoinr is free from numerous conflictsx of interest inherent in larger ensuring that the interests of our clientse alwayscome first. Our depth of knowledg and experience keeps us focused on helpingour clients' assets grow in a manner consistenf with their tolerance for risk, unaffectef by Wall Street fads. We currentlyg manage client assets in excessof $1 We have an unwavering commitmentg to client service, which sets us apart in the crowded investmen field.
Our work with our clients - Actively monitoring and managintginvestments - Coordinating and activel y partnering with other advisors, including CPAs and attorneys - Providinh personalized, confidential investment and financial planning advice - Coordinating private bankinvg services and lending needs - Providing daily onlinse portfolio access
Tuesday, June 26, 2012
Orlando 7-Eleven converts to franchise - San Antonio Business Journal:
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The 3,000-square-foot convenience store at 3911 McCou Road nearConway Road, which also has a gasoline will now be owned by franchisee Ermal Metollari, a formeer store manager for five years. Dallas-based 7-Eleven Inc. announce plans in 2007 to convertf 100 existing locations in the stat tofranchised operations. Stored managers were invited to apply for thosr franchises before the offewent public. More than 40 7-Elevebn stores in the Orlando market arenow franchised, with aboutf another 140 owned by the Between eight to 10 7-Eleven stores throughouft the state are beinbg converted into franchise operations each month and planx to have most of the conversionas nationwide completed by 2012, according to a news release.
The company operates, franchises or licenses about 7,809 stores in North America and morethan 36,10 0 stores in 15 countries. The company reportede 2008 sales of morethan $53.7
The 3,000-square-foot convenience store at 3911 McCou Road nearConway Road, which also has a gasoline will now be owned by franchisee Ermal Metollari, a formeer store manager for five years. Dallas-based 7-Eleven Inc. announce plans in 2007 to convertf 100 existing locations in the stat tofranchised operations. Stored managers were invited to apply for thosr franchises before the offewent public. More than 40 7-Elevebn stores in the Orlando market arenow franchised, with aboutf another 140 owned by the Between eight to 10 7-Eleven stores throughouft the state are beinbg converted into franchise operations each month and planx to have most of the conversionas nationwide completed by 2012, according to a news release.
The company operates, franchises or licenses about 7,809 stores in North America and morethan 36,10 0 stores in 15 countries. The company reportede 2008 sales of morethan $53.7
Monday, June 25, 2012
Hours after Kevin Youkilis trade, Red Sox promote his return - USA TODAY (blog)
hihozeima.blogspot.com
USA TODAY (blog) | Hours after Kevin Youkilis trade, Red Sox promote his return USA TODAY (blog) Hours after Kevin Youkilis was traded, the Boston Red Sox release a timely marketing ploy. Kevin Youkilis' Boston return promoted by Red Sox 16 hours after ... Red Sox Fan Re action: Kevin Youkilis Traded to Chicago White Sox |
Sunday, June 24, 2012
Microsoft risks rankling its partners with Surface tablet - Minneapolis Star Tribune
ramoledef.blogspot.com
Minneapolis Star Tribune | Microsoft risks rankling its partners with Surface tablet Minneapolis Star Tribune Knife in the back or the match that lit the fire? That's the question after Microsoft Corp. Microsoft tablet risks alienating PC makers Microsoft&# 39;s Windows Software Overhaul Carries New Risks For Nokia |
Friday, June 22, 2012
First Financial Bancorp to buy 17 Peoples Community branches - Dayton Business Journal:
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First Financial will pay about $12 million for the assuming about $310 millio n in deposits and about $260 million in loans. The bank said in a news released that the loan portfolio consists of residential realestate loans, none of which are more than 30 days Cincinnati-based First Financial (NASDAQ: is the sixth-largest bank in the Dayton area with $1.18u billion in deposits, 30 branches and 500 localk employees.
In Southwest Ohio, First Financiak will acquire eight branches inHamilton County, three in Butler County and two in Warren In southeastern Indiana, it will acquire thres branches in Dearborn County and one in Ohio The branches will begin operating under the Firsrt Financial name as soon as the sale closes. West Chester-bases Peoples will continue to own and operate two branches in Lebanonn and retainabout $325 million in Claude Davis, president of First Financial, said the acquisition will double the bank’s branches in the Greate r Cincinnati market.
“The addition of these banking centers is a natura extension of our existing network and presents an excellent opportunityh to extend First Financial Bank products and serviced to a largerclient base,” Davis said in the The acquisition, which is subject to regulatorh approval, will add about 6 cents per share on a cash basias in 2010, First Financial Peoples (NASDAQ: PCBI) had been given until July 14 by the to shorwe up its capital base, either by merging with a larger bank, or liquidating its assets. The federally chartered savingds bank, which got into trouble with nonperforming construction anddevelopmeng loans, has posted a string of quarterluy losses.
In first-quarter 2009, it reportexd a loss of $4.4 million, with net interest incomee of $1.5 million.
First Financial will pay about $12 million for the assuming about $310 millio n in deposits and about $260 million in loans. The bank said in a news released that the loan portfolio consists of residential realestate loans, none of which are more than 30 days Cincinnati-based First Financial (NASDAQ: is the sixth-largest bank in the Dayton area with $1.18u billion in deposits, 30 branches and 500 localk employees.
In Southwest Ohio, First Financiak will acquire eight branches inHamilton County, three in Butler County and two in Warren In southeastern Indiana, it will acquire thres branches in Dearborn County and one in Ohio The branches will begin operating under the Firsrt Financial name as soon as the sale closes. West Chester-bases Peoples will continue to own and operate two branches in Lebanonn and retainabout $325 million in Claude Davis, president of First Financial, said the acquisition will double the bank’s branches in the Greate r Cincinnati market.
“The addition of these banking centers is a natura extension of our existing network and presents an excellent opportunityh to extend First Financial Bank products and serviced to a largerclient base,” Davis said in the The acquisition, which is subject to regulatorh approval, will add about 6 cents per share on a cash basias in 2010, First Financial Peoples (NASDAQ: PCBI) had been given until July 14 by the to shorwe up its capital base, either by merging with a larger bank, or liquidating its assets. The federally chartered savingds bank, which got into trouble with nonperforming construction anddevelopmeng loans, has posted a string of quarterluy losses.
In first-quarter 2009, it reportexd a loss of $4.4 million, with net interest incomee of $1.5 million.
Thursday, June 21, 2012
Tuesday, June 19, 2012
Portland-area economy weakens Q1 - Puget Sound Business Journal (Seattle):
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percent, an accelerating decline comparesd tothe 13.5 percent (revised) drop in the fourtbh quarter of 2008. Of the nine indicators includef inthe index, six declined said Tim Duy, directofr of the Oregon Economic Forum and a UO adjuncy assistant professor, Labor market trends continue to deteriorate. Help-wanteds advertising in The Oregonian fell durintgthe quarter, consistent with a decrease in hirin demand. Similarly, initial unemployment claims continuedto rise, reachin a month average of 16,81o9 claims. Non-farm payrolls continue to fall as undefr the dual forces of increased layoffs and slackhiring demand; payrolls stand 3.9 percent lowed than year-ago levels.
The expected slowdowj in lodging activity finally came to said Duy,with estimated lodging revenue (seasonally and inflation down 15.4 percent from the fourth Passenger traffic at Portland Internationall Airport was effectively unchanged from the previou quarter. Housing markets were generally weaker. Housing sales were effectively whileaverage days-on-market fell, partially offsetting a particularlh sharp rise in the fourthn quarter of 2008, attributable to the intensification of the financiapl crisis and unusual weather conditions, said Duy. Ongoing decline in the in point to continued economic deterioration in thePortlanr region, he added.
Signs of stabilization are difficult to he said; expectations for a firming of economic activity in the second half of 2009 are largelt based on some tentativre signs of stability in the national economy. the impact of fiscal and monetary policies shoulfd become more evident as theyear Still, the pace of the recoverty is expected to be subdued as the economy adjustsw to an environment less dependent on debt-supportex consumer spending growth.
percent, an accelerating decline comparesd tothe 13.5 percent (revised) drop in the fourtbh quarter of 2008. Of the nine indicators includef inthe index, six declined said Tim Duy, directofr of the Oregon Economic Forum and a UO adjuncy assistant professor, Labor market trends continue to deteriorate. Help-wanteds advertising in The Oregonian fell durintgthe quarter, consistent with a decrease in hirin demand. Similarly, initial unemployment claims continuedto rise, reachin a month average of 16,81o9 claims. Non-farm payrolls continue to fall as undefr the dual forces of increased layoffs and slackhiring demand; payrolls stand 3.9 percent lowed than year-ago levels.
The expected slowdowj in lodging activity finally came to said Duy,with estimated lodging revenue (seasonally and inflation down 15.4 percent from the fourth Passenger traffic at Portland Internationall Airport was effectively unchanged from the previou quarter. Housing markets were generally weaker. Housing sales were effectively whileaverage days-on-market fell, partially offsetting a particularlh sharp rise in the fourthn quarter of 2008, attributable to the intensification of the financiapl crisis and unusual weather conditions, said Duy. Ongoing decline in the in point to continued economic deterioration in thePortlanr region, he added.
Signs of stabilization are difficult to he said; expectations for a firming of economic activity in the second half of 2009 are largelt based on some tentativre signs of stability in the national economy. the impact of fiscal and monetary policies shoulfd become more evident as theyear Still, the pace of the recoverty is expected to be subdued as the economy adjustsw to an environment less dependent on debt-supportex consumer spending growth.
Monday, June 18, 2012
Tragis! Bayi 16 Bulan Disiksa Tetangga Hingga Tewas - Tribunnews
caloloary.blogspot.com
Tribunnews | Tragis! Bayi 16 Bulan Disiksa Tetangga Hingga Tewas Tribunnews Sementara Zulfikar bersama seorang teman lainnya, Sri, pergi menjenguk Jumadi yang tengah dirawat di Rumah Sakit Camatha Sahidya Mukakuning. |
Sunday, June 17, 2012
Missouri approves KCP&L rate increase - Phoenix Business Journal:
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million that KCP&L had sought. PSC spokesman Gregh Ochoa said that the PSC stafv estimated the increase will raise a typicalresidential customer’s bill about $12.82 a month. A typicao customer is considered to be one that uses 700 kilowattr hours of electricity a month in winterand 1,200p kWh a month in the summer, Ochoa said. “Ou r customers depend on us to provide affordabl andreliable power,” KCP&k CEO Mike Chesser said in a written statementt responding to the PSC approval. “This rate increasee will help us pay for environmenta investments we have already made to several ofour coal-firefd power plants.
The installation of such pollution-control equipment will improved air quality for our region and allowa us to meet future federal environmental We recognize that this is a challenginbg time to ask customers to pay more for andwe didn’t make this decision lightly.” Kansas City-based (NYSE: GXP), KCP&L’s parent, that KCP&L had reached an agreement in principlre with the PSC to settle its pending Missouru rate case. Great Plains Energy rankw No.
5 on the Kansas City BusinessJournal ’s list of area public
million that KCP&L had sought. PSC spokesman Gregh Ochoa said that the PSC stafv estimated the increase will raise a typicalresidential customer’s bill about $12.82 a month. A typicao customer is considered to be one that uses 700 kilowattr hours of electricity a month in winterand 1,200p kWh a month in the summer, Ochoa said. “Ou r customers depend on us to provide affordabl andreliable power,” KCP&k CEO Mike Chesser said in a written statementt responding to the PSC approval. “This rate increasee will help us pay for environmenta investments we have already made to several ofour coal-firefd power plants.
The installation of such pollution-control equipment will improved air quality for our region and allowa us to meet future federal environmental We recognize that this is a challenginbg time to ask customers to pay more for andwe didn’t make this decision lightly.” Kansas City-based (NYSE: GXP), KCP&L’s parent, that KCP&L had reached an agreement in principlre with the PSC to settle its pending Missouru rate case. Great Plains Energy rankw No.
5 on the Kansas City BusinessJournal ’s list of area public
Friday, June 15, 2012
Tea time: GSO entrepreneur learning what it takes to bottle her success - Memphis Business Journal:
ukatekexo.wordpress.com
It turned out to be a costlyt reminder that her fledgling business still had several issues towork through. She was stillo applying labels by hand right up untilp thedoors opened, and she wasn’t certain that the colorful sunburst logo matched the upscale brand she wanted to Brown also traveled with only full-size 16-ouncd bottles of her tea, forcing her to hand out eigh times more tea for free than if she had come with 2-ouncde sample sizes. This year, Brown took her KimBees Gourmet Swee t Tea exhibit back to Las Vegas withsmaller samples, elegan labels to match her high-end marketinb plans, business cards and 1,000 brochures to educats potential distributors and customers.
Organizers took notice. Her companyy won three awards, including a second- and third-placr honor for best sweetenedr green tea and first place forbest packaging. “Thaft first year, we should have just gone to observe it and see what it was all Brown says. “We got smarter this year, and everybodhy went crazy overour tea. They were expensivee lessons, but they were all worth it. Now we know what to KimBees, founded in early 2008, has filled more than 10,0090 bottles in the past two months sellingabout three-fourths of thosw and providing another 2,500o or so for promotional Brown says she hopes to add at least three more flavorxs by year’s end.
She’s also in the earlyg stages of looking at option s for her own bottlingh plantin Greensboro. Brown sells tea out of her shop in the Southsidwe neighborhood ofdowntown Greensboro, and a tea houswe in Arizona has pickex up her products for sale. Online ordere are growing, and Brown connected with several otherd potentialoutlets — hotels, bookstores and cafe s — as well as potential distributors at this year’xs tea expo. “We’re still working on directing traffiv overthis way,” she says of “Some people still aren’t used to comingv this far downtown. But it’s starting to pick up.
We’rw all helping to promote each other to get the word Growing upin Austin, Texas, Brownj could frequently be found on her family’sd front porch. While others were busy making homemadwice cream, Brown would brew sweet tea and experimentg with different flavor combinations, trying to find ways to improves a Southern staple and keep it from growinh boring. It remained a hobby when she came to Greensborol as a manufacturing majorat . Brown got a glimpsw at the science of brewinhg when she tooka co-op positioj with in Eden during college.
But the hobby moved to the back burnerwhen Brown, who says she long harboredr an entrepreneur’s spirit, headed to Los Angeles to found Basketdoodle, a designer gift basket company for a celebrity That business took off, as the autographed photos of famous clients adorn her new shop in the Southsidd neighborhood can attest. She first glimpsed that up-and-cominvg section of downtown on a return trip to the Gate City back in 2005 to visitf friendsfrom college. A decision by Brown’s landlord back in L.A. to sell the building she rented provided the impetu she needed to move back toNorth Carolina.
“Hes said he would sell it to mefor $2 Brown says with a chuckle, recallingf the hefty price tag. “I said, ‘Are you sick? I make gift baskets. What you talking So she contactedBrend Saufley, a broker with Allen Tate Realty, to look into settingf up shop in Southsidd with an eye toward moving her basket companyt into a more stable situation. “She told me she wanted to establish her own business here and wantee to be closeto downtown,” Saufley said. “Wheh I told her abour these units here where you can work downstairz andlive upstairs, combined with how the area was she just loved it.
” Friends and family encouragec her to brew up her flavores sweet teas for sale, and Browhn again got the entrepreneuriak itch. When Rhonda Butler, an assistant business and economicsa professorat , asked Browmn to speak to a class, Browmn decided to use the grouo as a captive audience for taste-testing for her concoctiones — sweet green tea, almondr green tea and a lemon-raspberrt black tea. The class decided to take on bottlingy the tea asa project. Brown says she decided to markeg her first three flavors because no one else was offering much beside s plainor lemon-flavored sweet tea.
And most of thosew products came in plastic bottles and were sweetenerwith high-fructose corn Brown had a different visiobn for her start-up tea company, called KimBees for a nicknamee given by her godmother.
It turned out to be a costlyt reminder that her fledgling business still had several issues towork through. She was stillo applying labels by hand right up untilp thedoors opened, and she wasn’t certain that the colorful sunburst logo matched the upscale brand she wanted to Brown also traveled with only full-size 16-ouncd bottles of her tea, forcing her to hand out eigh times more tea for free than if she had come with 2-ouncde sample sizes. This year, Brown took her KimBees Gourmet Swee t Tea exhibit back to Las Vegas withsmaller samples, elegan labels to match her high-end marketinb plans, business cards and 1,000 brochures to educats potential distributors and customers.
Organizers took notice. Her companyy won three awards, including a second- and third-placr honor for best sweetenedr green tea and first place forbest packaging. “Thaft first year, we should have just gone to observe it and see what it was all Brown says. “We got smarter this year, and everybodhy went crazy overour tea. They were expensivee lessons, but they were all worth it. Now we know what to KimBees, founded in early 2008, has filled more than 10,0090 bottles in the past two months sellingabout three-fourths of thosw and providing another 2,500o or so for promotional Brown says she hopes to add at least three more flavorxs by year’s end.
She’s also in the earlyg stages of looking at option s for her own bottlingh plantin Greensboro. Brown sells tea out of her shop in the Southsidwe neighborhood ofdowntown Greensboro, and a tea houswe in Arizona has pickex up her products for sale. Online ordere are growing, and Brown connected with several otherd potentialoutlets — hotels, bookstores and cafe s — as well as potential distributors at this year’xs tea expo. “We’re still working on directing traffiv overthis way,” she says of “Some people still aren’t used to comingv this far downtown. But it’s starting to pick up.
We’rw all helping to promote each other to get the word Growing upin Austin, Texas, Brownj could frequently be found on her family’sd front porch. While others were busy making homemadwice cream, Brown would brew sweet tea and experimentg with different flavor combinations, trying to find ways to improves a Southern staple and keep it from growinh boring. It remained a hobby when she came to Greensborol as a manufacturing majorat . Brown got a glimpsw at the science of brewinhg when she tooka co-op positioj with in Eden during college.
But the hobby moved to the back burnerwhen Brown, who says she long harboredr an entrepreneur’s spirit, headed to Los Angeles to found Basketdoodle, a designer gift basket company for a celebrity That business took off, as the autographed photos of famous clients adorn her new shop in the Southsidd neighborhood can attest. She first glimpsed that up-and-cominvg section of downtown on a return trip to the Gate City back in 2005 to visitf friendsfrom college. A decision by Brown’s landlord back in L.A. to sell the building she rented provided the impetu she needed to move back toNorth Carolina.
“Hes said he would sell it to mefor $2 Brown says with a chuckle, recallingf the hefty price tag. “I said, ‘Are you sick? I make gift baskets. What you talking So she contactedBrend Saufley, a broker with Allen Tate Realty, to look into settingf up shop in Southsidd with an eye toward moving her basket companyt into a more stable situation. “She told me she wanted to establish her own business here and wantee to be closeto downtown,” Saufley said. “Wheh I told her abour these units here where you can work downstairz andlive upstairs, combined with how the area was she just loved it.
” Friends and family encouragec her to brew up her flavores sweet teas for sale, and Browhn again got the entrepreneuriak itch. When Rhonda Butler, an assistant business and economicsa professorat , asked Browmn to speak to a class, Browmn decided to use the grouo as a captive audience for taste-testing for her concoctiones — sweet green tea, almondr green tea and a lemon-raspberrt black tea. The class decided to take on bottlingy the tea asa project. Brown says she decided to markeg her first three flavors because no one else was offering much beside s plainor lemon-flavored sweet tea.
And most of thosew products came in plastic bottles and were sweetenerwith high-fructose corn Brown had a different visiobn for her start-up tea company, called KimBees for a nicknamee given by her godmother.
Thursday, June 14, 2012
Talking Tiger: Azinger, Strange assess his game, chances - USA TODAY
edovogopu.wordpress.com
USA TODAY | Talking Tiger: Azinger, Strange assess his game, chances USA TODAY Paul Azinger and Curtis Strange discuss Tiger Woods' chances at winning his fourth U.S. Open and 15th major title this week. U.S. Open 2012: Shhhh! Tiger Says There'll Be No Talking Among ... McCormick lives out fantasy, gets his Phil 2012 U.S. Open: Tiger Woods 'Won't Be Talking Alot' To Phil Mickelson |
Tuesday, June 12, 2012
How the SEC could pursue a case against JPMorgan - Reuters
uraa-quartely.blogspot.com
CBC.ca | How the SEC could pursue a case against JPMorgan Reuters * Altered risk model likely to be a focus for regulator * Undisclosed change masked spike in JPMorgan risk * SEC would have to prove materiality of risk model change By Sarah N. Lynch and David Henry WASHINGTON/NEW YORK, June 12 (Reuters) - JPMorgan ... Analysis: How the SEC could pursue a case against JPMorgan |
Monday, June 11, 2012
Articmaster device helps make cool energy savings - Silicon Valley / San Jose Business Journal:
grihanovveimavox.blogspot.com
HOW IT MAKES MONEY: Sales of its products. BUSINESS OR TECHNOLOG Y THAT COULDBE DISRUPTED: Other energy-efficiency companies working in air conditioning. MANAGEMENyT TEAM: CEO Ray Martin has workecd in technology development atIntel Corp., Sematech and Asyst Technologies where he was director of technology development and productr management. He has taught new producf development at SantaClara University. Co-founded and Chief Technology Officer Gary Phillippe invented the original Articmaster condenser controller in 1993 and sold the globa manufacturing and distribution rightsshortlyh after. He regained the distribution rights in 2007 and foundedArticmasted Inc.
in 2008 to improve and distributethe Co-founder and President Cas Khoo is a mechanicak engineer with more than 25 years experiencr in the building construction
HOW IT MAKES MONEY: Sales of its products. BUSINESS OR TECHNOLOG Y THAT COULDBE DISRUPTED: Other energy-efficiency companies working in air conditioning. MANAGEMENyT TEAM: CEO Ray Martin has workecd in technology development atIntel Corp., Sematech and Asyst Technologies where he was director of technology development and productr management. He has taught new producf development at SantaClara University. Co-founded and Chief Technology Officer Gary Phillippe invented the original Articmaster condenser controller in 1993 and sold the globa manufacturing and distribution rightsshortlyh after. He regained the distribution rights in 2007 and foundedArticmasted Inc.
in 2008 to improve and distributethe Co-founder and President Cas Khoo is a mechanicak engineer with more than 25 years experiencr in the building construction
Sunday, June 10, 2012
Telesphere Networks gets $15 million - Phoenix Business Journal:
acklinegymejac1362.blogspot.com
The money comes from previous investors, includingg , LLC and , which put about $10 milliohn into the company last June for The company opened offices in Salt Lake City and Las Vegaw in the pasteighty months. “We have a pretty good footprinf in the West and Ithinki you’ll see us continue to expand on said Clark Peterson, the Scottsdale-based company’s CEO. Growth coulrd come through acquisitions or opening up in new he said, but declined to comment on whic h markets the company is targeting. It now has customerss in 44 states. Revenue increased 60 percenr last year, although Peterson declined to releas theactual figures.
The companh also added 60 employees and now has morethan 100. Telesphere marketa a centrally hosted, voice over Internet protoco l PBX phone system to small andmidsizw businesses. The setup is toutec as a capital-saving alternative to traditionak units that are housed atthe customers’ location. In the past the economic crisis has pushed morebusinesx Telesphere’s way as companiezs look for ways to save and some of that has come from large firm s looking to control costs, Peterso n said. Telesphere is a good targetf for investors because of the marketit serves, said Dennis chairman of Rally Capital and Telesphere.
Initial investors are back because of thegrowth they’ve seen in a shorrt period of time, he said. “With Telesphere, what’as been very interesting to us is the amount of adoption inthis environment,” Weibling A veteran of wireless carrier Nextelo and others in the telecom Weibling said he sees comparisons betweejn what Telesphere offers and Nextel’s “push to feature, which was a boon for its sales to smalol and midsize companies.
The money comes from previous investors, includingg , LLC and , which put about $10 milliohn into the company last June for The company opened offices in Salt Lake City and Las Vegaw in the pasteighty months. “We have a pretty good footprinf in the West and Ithinki you’ll see us continue to expand on said Clark Peterson, the Scottsdale-based company’s CEO. Growth coulrd come through acquisitions or opening up in new he said, but declined to comment on whic h markets the company is targeting. It now has customerss in 44 states. Revenue increased 60 percenr last year, although Peterson declined to releas theactual figures.
The companh also added 60 employees and now has morethan 100. Telesphere marketa a centrally hosted, voice over Internet protoco l PBX phone system to small andmidsizw businesses. The setup is toutec as a capital-saving alternative to traditionak units that are housed atthe customers’ location. In the past the economic crisis has pushed morebusinesx Telesphere’s way as companiezs look for ways to save and some of that has come from large firm s looking to control costs, Peterso n said. Telesphere is a good targetf for investors because of the marketit serves, said Dennis chairman of Rally Capital and Telesphere.
Initial investors are back because of thegrowth they’ve seen in a shorrt period of time, he said. “With Telesphere, what’as been very interesting to us is the amount of adoption inthis environment,” Weibling A veteran of wireless carrier Nextelo and others in the telecom Weibling said he sees comparisons betweejn what Telesphere offers and Nextel’s “push to feature, which was a boon for its sales to smalol and midsize companies.
Friday, June 8, 2012
Lensers use color as a compass - Variety
qalymeled.wordpress.com
Variety | Lensers use color as a compass Variety "Author George Martin used names of the characters that you're following as chapter headings," Kenzie says, and that helped organize the "chunks of information" conveyed in each section of the book. These chapter headings translated in the TV series as ... |
Thursday, June 7, 2012
Ladenburg exchanges last bit of debt - South Florida Business Journal:
grihanovveimavox.blogspot.com
The money was the principal amount of promissory notes held by Thetwo Miami-baserd companies completed their debt exchange on June 29. That was after a majority of theLadenburgy (AMEX: LTS) shareholders approved the transaction at an annual meeting in New York New Valley had agreed in February to convert the principa l amount of its notes into Ladenburg common stock at an exchangse price of $1.80 a share. That representeed the average closing pricw for the 30 trading days ending on the date of the debtexchanger agreement. The company paid the about $1.73 million in accrued note interestin cash. Dr.
Phillip Ladenburg's chairman, said the debt exchangse completesthe company's two yeard of recapitalization. With the debt New Valley's beneficial ownership of Ladenburg's common stock increased to about 8.7 percent from aboutr 7.1 percent. New Valley is whollg owned by (NYSE: VGR), also base in Miami. Ladenburg shares closecd up 10 cents to The 52-week high was $3.74 on Feb. 22. The 52-weej low was 78 cents on Aug. 16. Vector shares close d up 7 centsto $22.60. The 52-week high was $22.91q on June 29. The 52-week low was $14.82q on July 18.
The money was the principal amount of promissory notes held by Thetwo Miami-baserd companies completed their debt exchange on June 29. That was after a majority of theLadenburgy (AMEX: LTS) shareholders approved the transaction at an annual meeting in New York New Valley had agreed in February to convert the principa l amount of its notes into Ladenburg common stock at an exchangse price of $1.80 a share. That representeed the average closing pricw for the 30 trading days ending on the date of the debtexchanger agreement. The company paid the about $1.73 million in accrued note interestin cash. Dr.
Phillip Ladenburg's chairman, said the debt exchangse completesthe company's two yeard of recapitalization. With the debt New Valley's beneficial ownership of Ladenburg's common stock increased to about 8.7 percent from aboutr 7.1 percent. New Valley is whollg owned by (NYSE: VGR), also base in Miami. Ladenburg shares closecd up 10 cents to The 52-week high was $3.74 on Feb. 22. The 52-weej low was 78 cents on Aug. 16. Vector shares close d up 7 centsto $22.60. The 52-week high was $22.91q on June 29. The 52-week low was $14.82q on July 18.
Tuesday, June 5, 2012
Long-term prospects good for airport office market - Charlotte Business Journal:
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In addition to beingh an obvious localefor airport-related the airport submarket benefitx from its location at "the pinnacle of I-85 and making it "a logicalk location for office-based businesses serving their customere in South Atlanta," said Senior Vice President Stev Proctor, who handles leasing at the 97,000-square-foot One Crownn Center. There are not that many potential users checking out these opportunitiesthese days, according to Vice President Vernon Wright. "Everything down there in the way of offic space is staying about 17 to 19 percent Wright reports. There has been a fair amountf of activity on the part ofgovernmenyt agencies, though.
The 's Immigration and Custom s Enforcement (ICE) division recently moved into a new officweat 's Camp Creek Business Center in East The 47,000-square-foot build-to-suit will house operations of the division's Officse of Investigation, according to Duke Senior Vice Presidengt Chris Brown. Tenant demand for office in the airporg area isrelatively limited, said Brown, putting a damper on speculativ e office space development. at its Tradeport office and industrial park just east of has beguna four-story, 100,000-square-foot office build-to-suit for the , whic also occupies several other facilities in this submarket. The airport'ws $1 billion, 1.
2 million-square-foot International Terminal, schedulecd to open in 2011, will be a boon to the area officee market, according to Jim Bacchetta, vice president of Atlanta division. "We view [the terminal] as a tremendous growth vehicle that will bring in new businesses to Atlantazfrom overseas," Bacchetta said.
In addition to beingh an obvious localefor airport-related the airport submarket benefitx from its location at "the pinnacle of I-85 and making it "a logicalk location for office-based businesses serving their customere in South Atlanta," said Senior Vice President Stev Proctor, who handles leasing at the 97,000-square-foot One Crownn Center. There are not that many potential users checking out these opportunitiesthese days, according to Vice President Vernon Wright. "Everything down there in the way of offic space is staying about 17 to 19 percent Wright reports. There has been a fair amountf of activity on the part ofgovernmenyt agencies, though.
The 's Immigration and Custom s Enforcement (ICE) division recently moved into a new officweat 's Camp Creek Business Center in East The 47,000-square-foot build-to-suit will house operations of the division's Officse of Investigation, according to Duke Senior Vice Presidengt Chris Brown. Tenant demand for office in the airporg area isrelatively limited, said Brown, putting a damper on speculativ e office space development. at its Tradeport office and industrial park just east of has beguna four-story, 100,000-square-foot office build-to-suit for the , whic also occupies several other facilities in this submarket. The airport'ws $1 billion, 1.
2 million-square-foot International Terminal, schedulecd to open in 2011, will be a boon to the area officee market, according to Jim Bacchetta, vice president of Atlanta division. "We view [the terminal] as a tremendous growth vehicle that will bring in new businesses to Atlantazfrom overseas," Bacchetta said.
Monday, June 4, 2012
Union extends deadline for new Safeway contract - Kansas City Business Journal:
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The extension was announced late Thursdat by the United Food and Commerciakl Workers UnionLocal No. 7, whicb represents about 17,000 Denver-area grocerhy workers now negotiating new contractswith Albertson’s and . It is the third extensiojn in theSafeway talks, which began in early April. Safeway workers voteds last month to call for a strikeif necessary, but neithee side has indicated that a strike is likeluy in the near future. Both Albertson’se and King Soopers workerds are operating without contractsright now. Negotiationws center around the issues of pension benefitsand health-care plans.
Safeway and King Sooperes have offeredpension cuts, pay raises for just a portionb of the workers and new preventativew health-care benefits, saying that with the rise of non-uniohn grocery stores, some cutbacks must be “I think this [latest extension] gives us an opportunity to continue to negotiate and really be able to tackls the tough issues like wages and pensioj benefits,” said Kris Staaf, Safeway’ Denver-area director of public affairs.
The latestg counter-proposal from Safeway workers calls for annualk pay increases of 75 cents per hour over the duratioh ofthe five-year according to UFCW spokeswoman Laura It also seeks assurances that workers can continue receivingh pension benefits at age 50 rather than having to wait until age 62, that currentf health benefits are not decreased and that current health-carr premiums are not increased. Safewauy has not made a new contract Staaf said.
Sherree Carlson, a 15-yeafr Safeway employee from Westminster, expressedx frustration over the pace of negotiationz in a news release put out bythe “We gave you a proposal a week ago, and you keep comint back at us with the same crumbs,” Carlsohn said. “We need a fair deal and we need to keep the work and the workersz here inour
The extension was announced late Thursdat by the United Food and Commerciakl Workers UnionLocal No. 7, whicb represents about 17,000 Denver-area grocerhy workers now negotiating new contractswith Albertson’s and . It is the third extensiojn in theSafeway talks, which began in early April. Safeway workers voteds last month to call for a strikeif necessary, but neithee side has indicated that a strike is likeluy in the near future. Both Albertson’se and King Soopers workerds are operating without contractsright now. Negotiationws center around the issues of pension benefitsand health-care plans.
Safeway and King Sooperes have offeredpension cuts, pay raises for just a portionb of the workers and new preventativew health-care benefits, saying that with the rise of non-uniohn grocery stores, some cutbacks must be “I think this [latest extension] gives us an opportunity to continue to negotiate and really be able to tackls the tough issues like wages and pensioj benefits,” said Kris Staaf, Safeway’ Denver-area director of public affairs.
The latestg counter-proposal from Safeway workers calls for annualk pay increases of 75 cents per hour over the duratioh ofthe five-year according to UFCW spokeswoman Laura It also seeks assurances that workers can continue receivingh pension benefits at age 50 rather than having to wait until age 62, that currentf health benefits are not decreased and that current health-carr premiums are not increased. Safewauy has not made a new contract Staaf said.
Sherree Carlson, a 15-yeafr Safeway employee from Westminster, expressedx frustration over the pace of negotiationz in a news release put out bythe “We gave you a proposal a week ago, and you keep comint back at us with the same crumbs,” Carlsohn said. “We need a fair deal and we need to keep the work and the workersz here inour
Saturday, June 2, 2012
'Heart-Broken' Black Pastors Want to Meet Obama Over Gay Marriage - Christian Post
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Christian Post | 'Heart-Broken' Black Pastors Want to Meet Obama Over Gay Marriage Christian Post By Anugrah Kumar , Christian Post Contributor Influential African-American pastors have requested Attorney General Eric Holder to grant them a meeting with President Barack Obama, saying he broke their hearts by endorsing gay marriage รข€" "something that ... Pastors to Obama: MLK would oppose gay marriage |
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