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adding clout to metro Atlanta’s technology reputation. NCR will relocate 1,25o corporate jobs to its GwinnettCountyu operation, a source familiar with the plan The company is also expected to launcjh a 550,000-square-foot manufacturing operation in Columbus, Ga., wheres it will employ nearly 880, the sourcr said. Georgia Gov. Sonnyy Perdue is expected to make the official announcement NCR CEO Bill Nuti andOhio Gov. Ted Stricklandx spoke by phoneMonday evening, and Nuti told Stricklan d the company has been looking at Georgia for some an official in the Ohio governor’s offices told Atlanta Business Chronicler sister publication Dayton Business Journal (DBJ).
In a letterr to Nuti obtained by theChronicle , Strickland to convinces Nuti to keep the company in Ohio. On May 31 , the Chronicled , and the DBJ , first reportee . NCR (NYSE: which makes automated tellermachines (ATMs) and retai l self-checkouts, will be Georgia’s 14th Fortunw 500 company and the second in Last July, (NYSE: ABG) announced the relocationb of its headquarters to Duluth from New York. NCR, which employs 20,000 employees globally, ranked 446 on the 2009 Fortunde500 list. The company, which did not returhn calls Monday, reported a $228 million profit on $5.3 billionh in revenue last year.
Last fall, NCR said it would move its Worldwidse Customer Services headquarters tometro Atlanta, investinvg $15 million and creating more than 900 jobs in Peachtreee City and Duluth. In NCR said it would co-locate an NCR Learnin g Center and its Customer Care Center hub for the Americas region withthe company’s existing Global Service Materialds operation in Peachtree City. NCR, which occupies aboutf 150,000 square feet at its Satellite Boulevard operation in will lease anadditional 100,000 to 200,000 square feet at that facility. The corporats jobs will pay on averag eabout $70,000 annually.
The manufacturing distributioj operation will be in two buildings and will make according to the Employees at that facility will make on averagwabout $43,000 annually, the source NCR received tax incentives from both Gwinnetr and Columbus governments, the source said, declining to disclose details abouyt the state’s incentive package. While Dayton -- where NCR was foundee in 1884 -- is the company’s official headquarters, the city is not the center ofthe company’s influence. along with the company’s chief financial officefr and othersenior executives, maintain offices on an entirre floor of 7 World Tradw Center in Manhattan.
In NCR removed the language “world headquarters” from the sign at its Daytonj campus. Nuti will not be movingh to Atlanta. Relocating to Atlanta — the commercialp capital of theSoutheast — makes sense for the Four of the cities in Ohio — Youngstown, Canton, Daytomn and Cleveland— are among the top 10 dyintg cities in America, according to an August 2008 reportt in Forbes. “They [NCR] can’t recruit talent to move to Ohio,” the source (NYSE: DAL), (NYSE: HD) and (NYSE: STI) -- big NCR customera -- are also based in metro Atlanta.
NCR supplies Delta with self-service kiosks, and NCR and Home Depotr announced a deal in 2002 toinstall self-checkoutf lanes in about 800 of its 1,487 In 2007, the two companies announced a deal to expanx the project into Home Depot stores in In 2005, SunTrust said NCR would upgrade existingv ATMs and provide new ATMs for all new SunTrust branches.
Wednesday, May 16, 2012
Tuesday, May 15, 2012
Saxo Bank Acquires Capital Four and Global Evolution
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The purpose of the acquisitions is to strengthenhthe companies' distribution power and long-term positiond as leading suppliers of asset managementg products in each of their niche areas. The expertised of Capital Four lies within Europeancorporatse bonds, with a focus on the High Yielc market, while Global Evolution primarily operatesa within emerging market fixed income and FX. The acquisitionw mean that portfolios worth around DKK 14 billion are managed by SaxoAssetg Management.
The director for Saxo Banks AssetManagement , states: "We regard Capital Four and Globak Evolution as among the leading European assety managers in their own The companies are therefore eminently suitefd to our strategic purposes in asset management. Asset management is a question of and it must create value for This is totally in line withSaxo Bank'se online profile." points out that both Capital Four and Globapl Evolution enjoy a very strong investment culture and impressive results. Their client listsd consist of bothDanish and, not least, internationalk institutional clients.
"Both companies have a core of key employeez who have worked together as a team over a long period of and by doing so have developed a unique investmeng process with a fairly robust return on its investmentsx asa result. This has led to both companies enjoyingt great recognition among institutional investorsin Europe,"" explains . Saxo Bank will exercise its ownership in such a way that the two teamw can retain their own character and autonomy in theinvestmentg process. The CEO of Capital states: "Saxo Bank has just completed its most successfulk year ever and posted recordr revenuesand profit.
In times of heightened customer awarenesx offinancial stability, we are particularly happ to have found a sponsor with deep resources and solie recognition. During the last ten we have built a disciplined and robustt investment process and developec a wide rangeof long-term relationshipsd with domestic and international This transaction will allow us to continuee to offer our services in a seamlesws fashion and will strengthen our organisatio going forward.
" The CEO of Global states: The company's goal is to be a Nordic powefr house within asset management, and we are pleasefd to play an active part in the achievement of this Saxo Bank's international profile and very high level of ambition is something that is really attractive for us. In distributionb terms, we anticipate gaining much fromSaxo Bank's commercial platforkm and the bank's wealth of offices around Europe, Asia and the Mid Saxo Bank acquired Sirius Kapitalforvaltning earlied this year. The asset managemenft activities of the bank now include managementt expertise forDanish bonds, Danish equities, corporatd bonds and emerging market bonds.
In AUM amounts to DKK 14 In additionto this, Saxo Bank has DKK 11 billiom in AUM through its global activities in investmenyt banking and online trading of a number of different asset classes. , , Henrik ostergaard and Torben The four founders all have a solid background in assetg management and creditmandate trading. The four partner s will continue in the company after the Capital Four manages more than DKK 5 billion in European HighYielrd bonds.
The company has a 9 strong in 2007, and is a specialis in management of emerging marketsfixed income, FX and Both of the two founderas will still make up seniot management and own shares in the Currently, the company manages assets worth around DKK 2.5 billioj on behalf of both institutional and private clientw in Denmark and Global Evolution's head office is in Kolding and the compan y is represented in London and Luxembourg. The company offers a broad palette of products from traditionall mutual funds to FX managed accounts and hedge The company has an 11strong workforce.
Saxo Bank is an online tradingy andinvestment specialist, enabling clients to trade Forex, CFDs, Futures, Options and other as well as providing portfolio managementf via SaxoWebTrader and SaxoTrader, the leading online trading platforms. SaxoTradeer is available directly through Saxo Bank or through one ofthe Bank'sx global partners. White Labelling is a significanyt business area forSaxo Bank, and involves the Bank's onlinwe trading platform being customised and branded for other financial institutions and brokers.
Saxo Bank has more than 120 Whitd Label Partners and boasts thousandds of clients in over 180 Saxo Bank is headquartered in Copenhagen with offices in Czech Republic, France, Italy, Japan, Singapore, Switzerland, UK, and the United Arab Emirates.
The purpose of the acquisitions is to strengthenhthe companies' distribution power and long-term positiond as leading suppliers of asset managementg products in each of their niche areas. The expertised of Capital Four lies within Europeancorporatse bonds, with a focus on the High Yielc market, while Global Evolution primarily operatesa within emerging market fixed income and FX. The acquisitionw mean that portfolios worth around DKK 14 billion are managed by SaxoAssetg Management.
The director for Saxo Banks AssetManagement , states: "We regard Capital Four and Globak Evolution as among the leading European assety managers in their own The companies are therefore eminently suitefd to our strategic purposes in asset management. Asset management is a question of and it must create value for This is totally in line withSaxo Bank'se online profile." points out that both Capital Four and Globapl Evolution enjoy a very strong investment culture and impressive results. Their client listsd consist of bothDanish and, not least, internationalk institutional clients.
"Both companies have a core of key employeez who have worked together as a team over a long period of and by doing so have developed a unique investmeng process with a fairly robust return on its investmentsx asa result. This has led to both companies enjoyingt great recognition among institutional investorsin Europe,"" explains . Saxo Bank will exercise its ownership in such a way that the two teamw can retain their own character and autonomy in theinvestmentg process. The CEO of Capital states: "Saxo Bank has just completed its most successfulk year ever and posted recordr revenuesand profit.
In times of heightened customer awarenesx offinancial stability, we are particularly happ to have found a sponsor with deep resources and solie recognition. During the last ten we have built a disciplined and robustt investment process and developec a wide rangeof long-term relationshipsd with domestic and international This transaction will allow us to continuee to offer our services in a seamlesws fashion and will strengthen our organisatio going forward.
" The CEO of Global states: The company's goal is to be a Nordic powefr house within asset management, and we are pleasefd to play an active part in the achievement of this Saxo Bank's international profile and very high level of ambition is something that is really attractive for us. In distributionb terms, we anticipate gaining much fromSaxo Bank's commercial platforkm and the bank's wealth of offices around Europe, Asia and the Mid Saxo Bank acquired Sirius Kapitalforvaltning earlied this year. The asset managemenft activities of the bank now include managementt expertise forDanish bonds, Danish equities, corporatd bonds and emerging market bonds.
In AUM amounts to DKK 14 In additionto this, Saxo Bank has DKK 11 billiom in AUM through its global activities in investmenyt banking and online trading of a number of different asset classes. , , Henrik ostergaard and Torben The four founders all have a solid background in assetg management and creditmandate trading. The four partner s will continue in the company after the Capital Four manages more than DKK 5 billion in European HighYielrd bonds.
The company has a 9 strong in 2007, and is a specialis in management of emerging marketsfixed income, FX and Both of the two founderas will still make up seniot management and own shares in the Currently, the company manages assets worth around DKK 2.5 billioj on behalf of both institutional and private clientw in Denmark and Global Evolution's head office is in Kolding and the compan y is represented in London and Luxembourg. The company offers a broad palette of products from traditionall mutual funds to FX managed accounts and hedge The company has an 11strong workforce.
Saxo Bank is an online tradingy andinvestment specialist, enabling clients to trade Forex, CFDs, Futures, Options and other as well as providing portfolio managementf via SaxoWebTrader and SaxoTrader, the leading online trading platforms. SaxoTradeer is available directly through Saxo Bank or through one ofthe Bank'sx global partners. White Labelling is a significanyt business area forSaxo Bank, and involves the Bank's onlinwe trading platform being customised and branded for other financial institutions and brokers.
Saxo Bank has more than 120 Whitd Label Partners and boasts thousandds of clients in over 180 Saxo Bank is headquartered in Copenhagen with offices in Czech Republic, France, Italy, Japan, Singapore, Switzerland, UK, and the United Arab Emirates.
Sunday, May 13, 2012
Scrushy ordered to pay $2.8B for HealthSouth fraud - South Florida Business Journal:
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billion in damages by a civil courtf judge for his rolein ’s massivew accounting fraud scandal. The HealthSouty founder was deemed liable for losses incurred by some of whom sued him seeking to recovertheirr investments. Judge Allwin Horn announced the verdict shortlty after10 a.m. Thursday. Horn’xs judgment also declared Scrushy’s employment agreementds with HealthSouth void. HealthSouth said it will receivr approximately 40 percent of any money recovered from Attorneys for the shareholders filed the suit againsft Scrushy on behalf of HealthSouth sayingv he directed the accounting scandal hadrequester $3.6 billion.
Scrushy testifief during the trial and deniedany wrongdoing. He was brough t to Jefferson County for the trial from a Texaasfederal prison, where he is currently serving seven yearsz for bribing then-Gov. Don Siegelman for a seat on a state health carepolicy board. Scrushy was acquitted of criminak charges in the HealthSouth fraudin 2005. HealthSouth said it is unsure how much might be collectedfrom Scrushy, according to a news “We are pleased to see that justicse has been served through this judgment and that another chapter of our past has been put behin d us,” HealthSouth’s statement said.
billion in damages by a civil courtf judge for his rolein ’s massivew accounting fraud scandal. The HealthSouty founder was deemed liable for losses incurred by some of whom sued him seeking to recovertheirr investments. Judge Allwin Horn announced the verdict shortlty after10 a.m. Thursday. Horn’xs judgment also declared Scrushy’s employment agreementds with HealthSouth void. HealthSouth said it will receivr approximately 40 percent of any money recovered from Attorneys for the shareholders filed the suit againsft Scrushy on behalf of HealthSouth sayingv he directed the accounting scandal hadrequester $3.6 billion.
Scrushy testifief during the trial and deniedany wrongdoing. He was brough t to Jefferson County for the trial from a Texaasfederal prison, where he is currently serving seven yearsz for bribing then-Gov. Don Siegelman for a seat on a state health carepolicy board. Scrushy was acquitted of criminak charges in the HealthSouth fraudin 2005. HealthSouth said it is unsure how much might be collectedfrom Scrushy, according to a news “We are pleased to see that justicse has been served through this judgment and that another chapter of our past has been put behin d us,” HealthSouth’s statement said.
Friday, May 11, 2012
Alan Pardew: Exceeded expectation - Sportinglife.com
mozybyd.wordpress.com
Sportinglife.com | Alan Pardew: Exceeded expectation Sportinglife.com Newcastle's season has surprised most, and even Pardew admits their current standing is way in excess of his expectations. He said: "I would be foolish if I sat here and said I thought we were going to finish fifth. The Board made a good statement ... Squad sheets: Everton v N ewcastle United Pardew: Making top four is 'off the scale' Alan Pardew says Newcastle United can join England's elite with Champions ... |
Thursday, May 10, 2012
Isabella Stewart Gardner Museum announces Michael Van Valkenburgh as landscape ... - Art Daily
vilyfijohy.wordpress.com
Isabella Stewart Gardner Museum announces Michael Van Valkenburgh as landscape ... Art Daily The Isabella Stewart Gardner Museum announced today that Michael Van Valkenburgh has been commissioned to redesign its Monks Garden, the cloistered garden adjacent to the historic building and connected to the exterior gardens which surround the ... |
Tuesday, May 8, 2012
NAB 2012 Show Coverage—AdoramaTV Pro - Adorama (press release)
yfimuna.wordpress.com
NAB 2012 Show Coverageâ€"AdoramaTV Pro Adorama (press release) ARC's Miguel Goodbar met up with ARRI's John Gresch at this year's NAB to talk about some of the new lighting tools from the company. John shows us the M40 HMI in a Max Technology Reflector, which maximizes light, the M18 1800 watt lamp in the Max ... |
Sunday, May 6, 2012
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