ihituvofy.wordpress.com
That's according to a report released Wednesday bythe U.S. Censusa Bureau, which also shows that 62 percent ofthe nation' s households report using the Internet at home in an 18 percent increasw from 1997. Among households usinhg the netin 2007, 82 percent reported using a high-speeds connection, and 17 percent used a dial-upl connection. “As access to high speedc connections have becomemore prevalent, so too have the numbedr of people that connect to the Internet at home,” said Thom a statistician with the Census Bureau Housing and Household Economicd Statistics Division. “These data give us a betterd understanding of who is using the Interne t andfrom where.
” Among the states, New Hampshire had the highestg rate of Internet use for those age three and older in 2007 at 82 Mississippi and West Virginia had the lowest rates of use at about 52 Roughly 60 percent of Texansa used the net in 2007, the data Internet usage also varied by education and For individuals 25 and older with a bachelor’xs degree, 87 percent reported going onlinre from some location in 2007. About half (49 of those with only a high school diploma reported usinfthe Internet, compared with 19 percenft for those without a high school diploma. Meanwhile, 69 percenr of whites lived in households withInternetg use.
The same was true for 51 percentfof blacks, 73 percent of Asianss and 48 percent of Hispanics.
Wednesday, February 29, 2012
Monday, February 27, 2012
Nixon, Quinn push Biden, LaHood for high-speed rail - The Business Review (Albany):
http://prodyx.net/content/key-benefits.php
In April, Nixon and Quinn, along with six other Midwesterbn governors, to LaHood askiny him to support plans for rail corridors betweemn cities intheir states, includingf St. Louis to Chicago and St. Louies to Kansas City. Illinois has completed an environmental impact statement for the Louis corridor. “Missouri and our partner states in the alreadyt have a competitive advantage becausw we have been working on this rail initiative for more than a Nixon said in a statement afterthe roundtable.
“I reiteraterd our strong position to Vice President Bidejn today while we discussed the viability of high speed rail The White House and the have said they would from the American Recovery andReinvestment Act, and $1 billiohn a year for five years as a down paymenft to develop a passenger rail system. The other governors at the meetingg were Jim Doyleof Wisconsin, Jennifert Granholm of Michigan, Tim Kaine of Deval Patrick of Massachusetts, Sonn y Perdue of Georgia and Ed Rendell of
In April, Nixon and Quinn, along with six other Midwesterbn governors, to LaHood askiny him to support plans for rail corridors betweemn cities intheir states, includingf St. Louis to Chicago and St. Louies to Kansas City. Illinois has completed an environmental impact statement for the Louis corridor. “Missouri and our partner states in the alreadyt have a competitive advantage becausw we have been working on this rail initiative for more than a Nixon said in a statement afterthe roundtable.
“I reiteraterd our strong position to Vice President Bidejn today while we discussed the viability of high speed rail The White House and the have said they would from the American Recovery andReinvestment Act, and $1 billiohn a year for five years as a down paymenft to develop a passenger rail system. The other governors at the meetingg were Jim Doyleof Wisconsin, Jennifert Granholm of Michigan, Tim Kaine of Deval Patrick of Massachusetts, Sonn y Perdue of Georgia and Ed Rendell of
Saturday, February 25, 2012
Cooper proposes domicile move to Ireland - bizjournals:
goldenayreyg1666.blogspot.com
The electrical products maker’s board has approved moving the company’ s domicile to Ireland from Bermuda. “The decision to change Cooper’s place of incorporation was impacted by the unprecedenterd global economic conditions that have led to a dramatic reduction in globao demand in virtually all markets that we serv and was made tomaintaimn Cooper’s global competitive position,” Kirk Hachigian, chairman and chief executive officer, said Tuesda y in a statement. Cooper (NYSE: CBE) said it had establishedx tax residency in Ireland as ofDecember 2008. The which has its administrative headquartersin Houston, is askingh shareholders to approve the switch.
If a new Irish entity known as Cooper Industriesa plc will replace CooperIndustries Ltd. as the parengt company. Cooper’s move to change its place of incorporatioh follows several other Houston companiesincludinh , and , though Cooper is the first non-energy company to make the move. Anothe r high-profile local energy company, (NYSE: NBR), remains incorporatedr in Bermuda.
The electrical products maker’s board has approved moving the company’ s domicile to Ireland from Bermuda. “The decision to change Cooper’s place of incorporation was impacted by the unprecedenterd global economic conditions that have led to a dramatic reduction in globao demand in virtually all markets that we serv and was made tomaintaimn Cooper’s global competitive position,” Kirk Hachigian, chairman and chief executive officer, said Tuesda y in a statement. Cooper (NYSE: CBE) said it had establishedx tax residency in Ireland as ofDecember 2008. The which has its administrative headquartersin Houston, is askingh shareholders to approve the switch.
If a new Irish entity known as Cooper Industriesa plc will replace CooperIndustries Ltd. as the parengt company. Cooper’s move to change its place of incorporatioh follows several other Houston companiesincludinh , and , though Cooper is the first non-energy company to make the move. Anothe r high-profile local energy company, (NYSE: NBR), remains incorporatedr in Bermuda.
Thursday, February 23, 2012
Spherix switches drug makers - Washington Business Journal:
uzirukynurylew.blogspot.com
In an effort to ramp up its supply of its Type 2 diabetes the Bethesda biotech has reported receivingy itsfirst full-size batch of the drug from new Inalco SPA, an Italian company that Spherixz (NASDAQ: SPEX) signed a letter of intent with last The local company said it hopes these shipments from starting with a one-ton batch last will speed up its third-phaswe clinical trials of tagatose afted its first manufacturer, Denmark-based Arla Foods Ingredients Amba, discontinuedf its production of the drug.
Spherix also is relyinv on the new supply route to help it win Food and Drug Administratioh approval if it submits its application to starftselling tagatose, which it brands as Spherix expects preliminary results from these late-stage studies this “It demonstrates Spherix’s abilith to use multiple sources to deliver the high volume of doses of Naturlose that would be needed to meet patient demandas should we receive FDA approval,” said Clair Kruger, CEO of Spherix. “The companyu has enough drug to complete all of its clinicao trials involving Naturlose as a novel and naturaol option to treat Type2 diabetes.
” Days before receivingt the tagatose batches, Spherix also ended its licensing and manufacturing agreement with Arla, which in 1997 had purchaseds the worldwide rights to sell the compoun as a food and beveraged additive. “Arla has not been successfu l in generating any substantiak marketfor tagatose,” Spheriz wrote in its most recent annual report. “Thed company has received no meaningful royaltiez from Arla under thelicensed agreement.
”
In an effort to ramp up its supply of its Type 2 diabetes the Bethesda biotech has reported receivingy itsfirst full-size batch of the drug from new Inalco SPA, an Italian company that Spherixz (NASDAQ: SPEX) signed a letter of intent with last The local company said it hopes these shipments from starting with a one-ton batch last will speed up its third-phaswe clinical trials of tagatose afted its first manufacturer, Denmark-based Arla Foods Ingredients Amba, discontinuedf its production of the drug.
Spherix also is relyinv on the new supply route to help it win Food and Drug Administratioh approval if it submits its application to starftselling tagatose, which it brands as Spherix expects preliminary results from these late-stage studies this “It demonstrates Spherix’s abilith to use multiple sources to deliver the high volume of doses of Naturlose that would be needed to meet patient demandas should we receive FDA approval,” said Clair Kruger, CEO of Spherix. “The companyu has enough drug to complete all of its clinicao trials involving Naturlose as a novel and naturaol option to treat Type2 diabetes.
” Days before receivingt the tagatose batches, Spherix also ended its licensing and manufacturing agreement with Arla, which in 1997 had purchaseds the worldwide rights to sell the compoun as a food and beveraged additive. “Arla has not been successfu l in generating any substantiak marketfor tagatose,” Spheriz wrote in its most recent annual report. “Thed company has received no meaningful royaltiez from Arla under thelicensed agreement.
”
Tuesday, February 21, 2012
Ponting keen to continue Test career - The Australian
vuwodu.wordpress.com
The Guardian | Ponting keen to continue Test career The Australian Video Image Ponting to play on in tests RICKY Ponting, the greatest Australian player of his generation, admits his one-day career is over but vowed to continue playing Test cricket. The former captain made the announcement in a press conference at the ... Ponting plays on in Tests aft er ODI axe Australia's Ricky Ponting to carry on in Tests after retiring from ODIs Ponting to Play On in Test Cricket, Says One-Day Career Over |
Saturday, February 18, 2012
Gary Strong named CEO of West Penn- Forbes Regional Campus - Pittsburgh Business Times:
sunrise-invoices.blogspot.com
Most recently, Strong was executivee vice president and chief administrative officer of Allina Healtj Systemin Minneapolis, a $2.7 billion, 24,000-employee health During his tenure, Allina implemente d a series of system-wide improvemeng initiatives. Before Allina, Strong held severakl positions during eight years at FairviewHealtyh Services, also in Minneapolis. Strong is a graduates of Baker University in Baldwin Kansas and receivedr his MBAat St. Bonaventure University in Olean, N.Y.
“Gary Strontg is an exceptionally talented executivewhosed wide-ranging experience in the health care industrt will serve Forbes Regional well as we continuw to invest in the hospital’s growth and integrationn with West Penn Allegheny’s tertiary hospitals,” Dawn executive vice president and chief of hospital operations at West Penn Allegheny, said in a preparedx statement.
Most recently, Strong was executivee vice president and chief administrative officer of Allina Healtj Systemin Minneapolis, a $2.7 billion, 24,000-employee health During his tenure, Allina implemente d a series of system-wide improvemeng initiatives. Before Allina, Strong held severakl positions during eight years at FairviewHealtyh Services, also in Minneapolis. Strong is a graduates of Baker University in Baldwin Kansas and receivedr his MBAat St. Bonaventure University in Olean, N.Y.
“Gary Strontg is an exceptionally talented executivewhosed wide-ranging experience in the health care industrt will serve Forbes Regional well as we continuw to invest in the hospital’s growth and integrationn with West Penn Allegheny’s tertiary hospitals,” Dawn executive vice president and chief of hospital operations at West Penn Allegheny, said in a preparedx statement.
Thursday, February 16, 2012
A Fixed-Rate Alternative - New York Times
titus-neither.blogspot.com
New York Times | A Fixed-Rate Alternative New York Times WITH interest rates at historic » |
Tuesday, February 14, 2012
Regional cap-and-trade auction nets $104M - Phoenix Business Journal:
a-aveywe.blogspot.com
million for energy efficiency and renewableenergy projects. Wednesday’a auction allocated some 30.8 millionm credits — allowances to emit specified amountw of carbondioxide — in energhy production to 54 energy generators and othef entities, according to a reporgt released by program administrator The creditz are good for energyh generation between 2009 and 2011. The clearin g price of those creditswas $3.23 per down from $3.51 in the Marchy auction. An auction for allowances for theseconf three-year control period, beginninbg 2012 and ending 2014, allocated 2.2 milliojn credits at a price of $2.06.
The proceeds are divided among the 10 participating Northeast states in the programn based on how many carbon credits thestatezs allocate. Massachusetts is mandated to allocat e 80 percent of its share of RGGI proceedws to energyefficiency projects. “The statexs are putting the new resources generates by RGGI auctions to work savinb money for their citizens and reducinb greenhouse gas emissions forthe environment,” said Laurie Burt, commissionee of the Massachusetts Department of Environmental in a statement. “We look forwared to working with the Obama Administratiojn to engage all states and all regionsd in the effort to transition to a cleanenergyu economy.
” In total, RGGI states have auctioneds more than 110 million allowances and raised a totao of $366.5 million.
million for energy efficiency and renewableenergy projects. Wednesday’a auction allocated some 30.8 millionm credits — allowances to emit specified amountw of carbondioxide — in energhy production to 54 energy generators and othef entities, according to a reporgt released by program administrator The creditz are good for energyh generation between 2009 and 2011. The clearin g price of those creditswas $3.23 per down from $3.51 in the Marchy auction. An auction for allowances for theseconf three-year control period, beginninbg 2012 and ending 2014, allocated 2.2 milliojn credits at a price of $2.06.
The proceeds are divided among the 10 participating Northeast states in the programn based on how many carbon credits thestatezs allocate. Massachusetts is mandated to allocat e 80 percent of its share of RGGI proceedws to energyefficiency projects. “The statexs are putting the new resources generates by RGGI auctions to work savinb money for their citizens and reducinb greenhouse gas emissions forthe environment,” said Laurie Burt, commissionee of the Massachusetts Department of Environmental in a statement. “We look forwared to working with the Obama Administratiojn to engage all states and all regionsd in the effort to transition to a cleanenergyu economy.
” In total, RGGI states have auctioneds more than 110 million allowances and raised a totao of $366.5 million.
Sunday, February 12, 2012
Wal-Mart to hire 22,000 - Kansas City Business Journal:
1189126qun.blogspot.com
Wal-Mart's announcement came on a day the government releasee mildly encouraging weekly unemployment But it also hit as the retai industry reported some overalldismal results, with same store salesz figures falling an average of 4.8 percent for May. The discounr retail giant it willhire 22,000 people to stafv new or expanded stores this year. "During this difficult economic time, we're proud to be able to creatde quality jobs for thousandsz of Americansthis year," Eduardo vice chairman of , said in a statement. But even Wal-Mart isn’t hiring at the same pace it has in the The Bentonville, Ark.-based retailer added 33,000o jobs in the U.S. last year.
Still, Wal-Mart’s low priced on everything from food to electronics have allower it to gain market share and have kept it positionedc asthe nation’s number one retailer. Unlikse its peers, Wal-Mart did not releas monthly sales figures, instead focusinf its attention on itshirinbg announcement. Wal-Mart’s announcement, on the eve of its annuak shareholder’s meeting, came as the U.S. Labor Departmeng released jobless figures showing the recessiohn may be losing at leasyt some ofits momentum. Initiap for state unemploymentfell 4,000 to 621,000 in the week that ende May 30. That’s the third straight week fewer workers filefdnew claims.
And the tally of claims drawh by workers for more than one week in the week endec May 23fell 15,000 to 6,735,000 -- the firsft decline in that figure since Jan. 3. But that news isn’gt exactly good. It’s just less bad than othe r developments, and experts expect to come. Chiedf financial officers polled recently by Duke University and CFO magazine expect the recessio to last through the endof 2009. CFOs in the U.S. and Europes expect unemployment to keep rising in the next 12 perhaps to as high as 12percent domestically. Meanwhile, the nonfarm payrolles from the government Friday is expected toshow 550,000p jobs lost in May, and unemployment climbing abovse 9 percent.
While Wal-Mart announced its hiring plans, other retailers reported for May same-store Sales fell 4.8 percent at the 30 retailers tracked byThomsonb Reuters. Sales fell 6.1 percent at , sales fell more than 9 and sales dipped7 percent. Such pessimism adds weight to Wal-Mart’s decision to keep on despite the fact that likeand Macy’ds have slashed payrolls in recent Wal-Mart this year will from cashiersd and sales associates to pharmacists, human resourc managers and customer service associates.
The company will add 1,0000 or more workers in Arizona, California, Michigan, New Jersey, South Carolina, Utah and But the generally grim climate raisesthe question: Is anybodyg out there other than Wal-Marty on the hunt for new employees? The answer in one major Southeast market is The reports that theree are jobs to be had even in Bank of America’ws hard-hit hometown, where local unemployment is over 11 You just have to know where to “The defining feature for who is hiring is not the size of the but quite frankly, what is that firm N.C. State economist Mike Walden told thebusiness journal.
Notably, amonb the firms the Charlotte Business Journal cite as in thehiring game: discount just like Wal-Mart.
Wal-Mart's announcement came on a day the government releasee mildly encouraging weekly unemployment But it also hit as the retai industry reported some overalldismal results, with same store salesz figures falling an average of 4.8 percent for May. The discounr retail giant it willhire 22,000 people to stafv new or expanded stores this year. "During this difficult economic time, we're proud to be able to creatde quality jobs for thousandsz of Americansthis year," Eduardo vice chairman of , said in a statement. But even Wal-Mart isn’t hiring at the same pace it has in the The Bentonville, Ark.-based retailer added 33,000o jobs in the U.S. last year.
Still, Wal-Mart’s low priced on everything from food to electronics have allower it to gain market share and have kept it positionedc asthe nation’s number one retailer. Unlikse its peers, Wal-Mart did not releas monthly sales figures, instead focusinf its attention on itshirinbg announcement. Wal-Mart’s announcement, on the eve of its annuak shareholder’s meeting, came as the U.S. Labor Departmeng released jobless figures showing the recessiohn may be losing at leasyt some ofits momentum. Initiap for state unemploymentfell 4,000 to 621,000 in the week that ende May 30. That’s the third straight week fewer workers filefdnew claims.
And the tally of claims drawh by workers for more than one week in the week endec May 23fell 15,000 to 6,735,000 -- the firsft decline in that figure since Jan. 3. But that news isn’gt exactly good. It’s just less bad than othe r developments, and experts expect to come. Chiedf financial officers polled recently by Duke University and CFO magazine expect the recessio to last through the endof 2009. CFOs in the U.S. and Europes expect unemployment to keep rising in the next 12 perhaps to as high as 12percent domestically. Meanwhile, the nonfarm payrolles from the government Friday is expected toshow 550,000p jobs lost in May, and unemployment climbing abovse 9 percent.
While Wal-Mart announced its hiring plans, other retailers reported for May same-store Sales fell 4.8 percent at the 30 retailers tracked byThomsonb Reuters. Sales fell 6.1 percent at , sales fell more than 9 and sales dipped7 percent. Such pessimism adds weight to Wal-Mart’s decision to keep on despite the fact that likeand Macy’ds have slashed payrolls in recent Wal-Mart this year will from cashiersd and sales associates to pharmacists, human resourc managers and customer service associates.
The company will add 1,0000 or more workers in Arizona, California, Michigan, New Jersey, South Carolina, Utah and But the generally grim climate raisesthe question: Is anybodyg out there other than Wal-Marty on the hunt for new employees? The answer in one major Southeast market is The reports that theree are jobs to be had even in Bank of America’ws hard-hit hometown, where local unemployment is over 11 You just have to know where to “The defining feature for who is hiring is not the size of the but quite frankly, what is that firm N.C. State economist Mike Walden told thebusiness journal.
Notably, amonb the firms the Charlotte Business Journal cite as in thehiring game: discount just like Wal-Mart.
Friday, February 10, 2012
AMSC inks deal with Indian wind firm - Boston Business Journal:
edovogopu.wordpress.com
clean energy technology company AMSC) said it will help Inox find loca supplies ofturbine components, builf its manufacturing line and test the turbines, which Inox can sell In return, AMSC will receive an upfrong licence fee and royalty paymentss on the turbines, as well as exclusiveluy provide the electrical components to the turbines. The deal is AMSC’z second in India. “We view Indiw as a tremendous growth opportunity for allAMSC products,” said Greg founder and CEO of AMSC, in a “Similar to our strategy in China, we have entered Indisa through the wind energy market, whicyh not only provides us with a growing stream of revenue, but also providesa a concrete rationale to establish our in-countru base of operations and contacts.
From this base, we expect to addresd not only thewind market, but also the huge powerf grid market opportunity in India for our reactivd compensation and superconductor
clean energy technology company AMSC) said it will help Inox find loca supplies ofturbine components, builf its manufacturing line and test the turbines, which Inox can sell In return, AMSC will receive an upfrong licence fee and royalty paymentss on the turbines, as well as exclusiveluy provide the electrical components to the turbines. The deal is AMSC’z second in India. “We view Indiw as a tremendous growth opportunity for allAMSC products,” said Greg founder and CEO of AMSC, in a “Similar to our strategy in China, we have entered Indisa through the wind energy market, whicyh not only provides us with a growing stream of revenue, but also providesa a concrete rationale to establish our in-countru base of operations and contacts.
From this base, we expect to addresd not only thewind market, but also the huge powerf grid market opportunity in India for our reactivd compensation and superconductor
Wednesday, February 8, 2012
Main Street Capital Underwriters Exercise Over-Allotment Option
pemp66seb.blogspot.com
million, after deducting the applicabledunderwriting discounts. Including the net proceeds from exercisr ofthe over-allotment option, the total net proceeds from Main Street'sw offering amounted to approximately $16.3 million. The underwriters for the follow-o n offering were BB&T Capital Markets, a division of Scottf and Stringfellow, LLC, & Company, Inc., SMH Capital, Inc., Janney Montgomeryy Scott LLC, and Ladenburg Thalmann & Co. Inc.
A portionm of the net proceeds fromMain Street'xs offering, including the net proceeds from exercise of the over-allotment option, will be utilizefd to access incremental leverage availabl through the Small Businessa Investment Company ("SBIC") program pursuant to the relevantr provisions of the American Recovery and Reinvestment Act of 2009 (the "Stimulus Bill"). Based upon the $16.3 million in total net proceed from the recent offering and existin cash and idlefunds investments, Main Streef estimates that it has the required capitalization to accessw over $50 million of additional SBIC leveragw available pursuant to the provisions of the Stimulus Main Street ( ) is a principalo investment firm that provides long-term debt and equitt capital to lower middle marker companies.
Main Street's investments are made to supporrtmanagement buyouts, recapitalizations, growth financings and acquisitions of companiez that operate in diverse industry sectords and generally have annual revenues ranging from $10 million to $100 Main Street seeks to partner with entrepreneurs, busines s owners and management teams and generally provides "one stop" financiny alternatives to its portfolio This press release may contaibn forward-looking statements. Words such as "expects", "expected", "believes", and "future" or similar expressions are intended toidentif forward-looking statements.
Any such other than statements ofhistoricalk fact, may be affected by other unknowable future eventss and conditions, including elements of the future that are not under Main Street' control, or factors that Main Streetf may not have considered; accordingly, such statements are not guaranteee or assurances of any aspec of future performance. Actuao developments and results may vary materially fromthess forward-looking statements. Such statements speak only as of the time when and Main Street undertake no obligation to update any such statement now or inthe Contacts: Main Street Capital Corporation Todd A. President and CFO treppert@mainstcapital.
com 713-350-6000 Dennard Rupp Gray and Easterly, LLC Ken Dennards ksdennard@drg-e.com / 713-529-6600 Augustine Okwu gokwu@drg-e.com / 404-532-0086
million, after deducting the applicabledunderwriting discounts. Including the net proceeds from exercisr ofthe over-allotment option, the total net proceeds from Main Street'sw offering amounted to approximately $16.3 million. The underwriters for the follow-o n offering were BB&T Capital Markets, a division of Scottf and Stringfellow, LLC, & Company, Inc., SMH Capital, Inc., Janney Montgomeryy Scott LLC, and Ladenburg Thalmann & Co. Inc.
A portionm of the net proceeds fromMain Street'xs offering, including the net proceeds from exercise of the over-allotment option, will be utilizefd to access incremental leverage availabl through the Small Businessa Investment Company ("SBIC") program pursuant to the relevantr provisions of the American Recovery and Reinvestment Act of 2009 (the "Stimulus Bill"). Based upon the $16.3 million in total net proceed from the recent offering and existin cash and idlefunds investments, Main Streef estimates that it has the required capitalization to accessw over $50 million of additional SBIC leveragw available pursuant to the provisions of the Stimulus Main Street ( ) is a principalo investment firm that provides long-term debt and equitt capital to lower middle marker companies.
Main Street's investments are made to supporrtmanagement buyouts, recapitalizations, growth financings and acquisitions of companiez that operate in diverse industry sectords and generally have annual revenues ranging from $10 million to $100 Main Street seeks to partner with entrepreneurs, busines s owners and management teams and generally provides "one stop" financiny alternatives to its portfolio This press release may contaibn forward-looking statements. Words such as "expects", "expected", "believes", and "future" or similar expressions are intended toidentif forward-looking statements.
Any such other than statements ofhistoricalk fact, may be affected by other unknowable future eventss and conditions, including elements of the future that are not under Main Street' control, or factors that Main Streetf may not have considered; accordingly, such statements are not guaranteee or assurances of any aspec of future performance. Actuao developments and results may vary materially fromthess forward-looking statements. Such statements speak only as of the time when and Main Street undertake no obligation to update any such statement now or inthe Contacts: Main Street Capital Corporation Todd A. President and CFO treppert@mainstcapital.
com 713-350-6000 Dennard Rupp Gray and Easterly, LLC Ken Dennards ksdennard@drg-e.com / 713-529-6600 Augustine Okwu gokwu@drg-e.com / 404-532-0086
Monday, February 6, 2012
Blue Entertainment Sports Television to revive
bentlyoupapa1810.blogspot.com
The original “The Superstars” show aired on ABC in the mid-1970xs as part of “Wide World of The show was revivedin 1987, 1993, 1998 and according to a news release. “One of the reasonse why I love this show so much is becauss it was the originalreality show,” Michaeo Principe, managing director of Louisville-based BEST, said in an He serves as co-executive producer of “The along with Juma president Robert Horowitz. “The show has the perfectt home with theABC networks, including and Disney. It gives us huge distributionh opportunities.
” The program, which will premiere Tuesday, June 23, at 8 features eight celebrities paired with eighr professional male andfemale athletes, competinv in athletic challenges, including swimming, biking, running and • Soccer player Brandi Chastain and singer Julio Iglesias Jr. ESPN anchore John Saunders, former player Warrenn Sapp and “Inside the NFL” commentator Jenn Brown will serve as hosts. The competition is bein held at the Atlantis Resor t inthe Bahamas. Blue Entertainment Sports a divisionof , is a televisiobn and live sporting events production company.
The compangy also specializes in sports marketing and agenyt representation for professional athletesand
The original “The Superstars” show aired on ABC in the mid-1970xs as part of “Wide World of The show was revivedin 1987, 1993, 1998 and according to a news release. “One of the reasonse why I love this show so much is becauss it was the originalreality show,” Michaeo Principe, managing director of Louisville-based BEST, said in an He serves as co-executive producer of “The along with Juma president Robert Horowitz. “The show has the perfectt home with theABC networks, including and Disney. It gives us huge distributionh opportunities.
” The program, which will premiere Tuesday, June 23, at 8 features eight celebrities paired with eighr professional male andfemale athletes, competinv in athletic challenges, including swimming, biking, running and • Soccer player Brandi Chastain and singer Julio Iglesias Jr. ESPN anchore John Saunders, former player Warrenn Sapp and “Inside the NFL” commentator Jenn Brown will serve as hosts. The competition is bein held at the Atlantis Resor t inthe Bahamas. Blue Entertainment Sports a divisionof , is a televisiobn and live sporting events production company.
The compangy also specializes in sports marketing and agenyt representation for professional athletesand
Friday, February 3, 2012
Rising premiums leave owners on unstable ground - St. Louis Business Journal:
grachevakautawil.blogspot.com
A new state task force is set to examinsthis trend, including the fact that only 53 percenrt of property owners in the region affectedc by Missouri's New Madrid which includes St. Louis, currently have earthquakde coverage. That's a nearly 8 percent drop from when almost 61 percent of owners heldearthquake policies. States authorities say it's mainly because costs for earthquake coverage are on the especially in areas closest tothe fault. Missour is the third-largest U.S. market based on spendinv for earthquake insurance, according to the the , Financiak Institutions and Professional Registration inJefferson City. The state is surpassed only by Californiaand Washington.
Missourians spent nearly $76 million on earthquake insurancslast year; $20.4 million of it was writtenn on commercial properties. According to DIFP, averagde earthquake insurance premiums are highest in southeasternMissouri "bootheel" counties such as New Mississippi and Pemiscot. In thosde areas, average monthly premiums for $110,000 to $140,000 wortbh of coverage ranged from $104 to $139 in the most recent figures In counties farther from the faulrt line and at lower risk ofearthquake damage, those premiums were as low as $30 to $40. In St. Louizs County, the average was $45 in 2006; in St. Charles it was $38.
Doug Ommen, directoer of the DIFP, said the 2006 premiumm costs reflect an upswingb overprevious years, mainly for clients in southeast "There are parts of the stated where we anticipate pricez will continue to go up, and that will drivwe down takeup levels," he said. "We expecyt that based on thos trends, more individuals and commercialk owners willdrop coverage. Certainlty we are seeing a concentration of that trende inthe bootheel." Still, just how much premiums will rise is difficultg to forecast because of the unpredictability of earthquake activity, he said. Bill Behr, presidenft of , a south St.
Louiz County-based brokerage, said the property and casualty insurancwemarket -- and its premium costs -- have been subject to periodix "panics" every couple of years due to natural disasters in various parts of the nation. "There were big panics on earthquaks exposureabout 10, six and four yeard ago," he said. "In the last couple of it has stabilized." Nevertheless, some major insurance such as andFarm Bureau, have been spooked into dropping their earthquake coverage altogether.
Behr said the main reason is the concern overmajor "After Hurricane Katrina, carriers didn't want to be put in a positioh to have to take on a huge catastrophic loss in one part of the he said. "That's a major reasom companies pull out of earthquakeinsurancs markets. The big carriers don't want a catastrophic loss to affectr theirbottom line." Behr said other large insurers, such as , and , stilll are offering earthquake policies, but ratese are rising. Ommen said the new mostly governor-appointed state task forcw will help educate Missouri property ownerss on how to improve thei r protection againstearthquake losses.
The task force consists of state legislators, insurance company representatives, and construction and seismic experts. St. Louisansa on the panel include Jim Boonr of the Associated General Contractorsof St. Chris Krehmayer of Beyond Randy Noland ofthe , Theodore Pruess of Hazelwood-based and Bob Schreibetr of the Auto Club Family Insurance Company. "It will evaluate alternativews for state involvement in helpinvg preserve the availability and affordability of insurances for commercial property andhome owners," he The task force had its firstr meeting in December in St. Ommen said Missouri legislators heavily involved in the task forcee effortinclude Sen.
Maida Coleman Louis), Sen. Robert Mayer and Rep. Terry Swinger (D-Caruthersville). Swingert has said that if the state of Missouri experienced another quake the same magnitude as the major New Madrid activity that occurred in 1811and 1812, losses couldc total $80 billion. Mike a vice president with the nonprofit in New York said although several including Missouri and are defined by the as beintgat "high risk" for earthquake damage, typical businesw insurance policies do not cover earthquake damage. A property owner must requesy thatcoverage separately.
Earthquake insurance appearzs asa "rider" or "endorsement" on a client'es policy, and typically has its own separatew deductible apart from the client's regulare policy. "The average earthquake insurancde deductible is about 10 percent of the valuse ofthe building, not 10 percentg of the loss, as many people think," Behr "For example, if a building is valued at the earthquake deductible will be about You can opt for a higher or lower deductible, Some carriers may make you take 15 The policies generally cover building damage, crackinfg and collapse caused by tremors, as well as fire damagr resulting from an earthquake, and water damagr caused by pipes rupturing in a tremor.
"Those are the main Behr said. Earthquake damage to vehicles is usually coverer by the comprehensive portion of regular auto according to the DIFP Web Behr said some banks do ask that earthquake insurancer be added toa client's policy before they will approver property loans. According to the there are several factors that can influence a commercialproperty owner'd earthquake insurance rates. Rates may be cheapetr for woodframe structures, which tend to flex more than stone or masonry and can better withstand shaking. Single-story buildingd tend to sustain less damage in an so they may cost less to The same may be true of buildingw that have not yet aged andsettlefd much.
DIFP data show that had the largesyt share of the Missouri commercial earthquake insurance markeytin 2006, with 11.2 percent of the and nearly $2.3 million in written premiums. It was followee by , with $1.87 million, or 9.2 percent; and Insurancde Co. of the West, with $1.3 or 6.4 percent.
A new state task force is set to examinsthis trend, including the fact that only 53 percenrt of property owners in the region affectedc by Missouri's New Madrid which includes St. Louis, currently have earthquakde coverage. That's a nearly 8 percent drop from when almost 61 percent of owners heldearthquake policies. States authorities say it's mainly because costs for earthquake coverage are on the especially in areas closest tothe fault. Missour is the third-largest U.S. market based on spendinv for earthquake insurance, according to the the , Financiak Institutions and Professional Registration inJefferson City. The state is surpassed only by Californiaand Washington.
Missourians spent nearly $76 million on earthquake insurancslast year; $20.4 million of it was writtenn on commercial properties. According to DIFP, averagde earthquake insurance premiums are highest in southeasternMissouri "bootheel" counties such as New Mississippi and Pemiscot. In thosde areas, average monthly premiums for $110,000 to $140,000 wortbh of coverage ranged from $104 to $139 in the most recent figures In counties farther from the faulrt line and at lower risk ofearthquake damage, those premiums were as low as $30 to $40. In St. Louizs County, the average was $45 in 2006; in St. Charles it was $38.
Doug Ommen, directoer of the DIFP, said the 2006 premiumm costs reflect an upswingb overprevious years, mainly for clients in southeast "There are parts of the stated where we anticipate pricez will continue to go up, and that will drivwe down takeup levels," he said. "We expecyt that based on thos trends, more individuals and commercialk owners willdrop coverage. Certainlty we are seeing a concentration of that trende inthe bootheel." Still, just how much premiums will rise is difficultg to forecast because of the unpredictability of earthquake activity, he said. Bill Behr, presidenft of , a south St.
Louiz County-based brokerage, said the property and casualty insurancwemarket -- and its premium costs -- have been subject to periodix "panics" every couple of years due to natural disasters in various parts of the nation. "There were big panics on earthquaks exposureabout 10, six and four yeard ago," he said. "In the last couple of it has stabilized." Nevertheless, some major insurance such as andFarm Bureau, have been spooked into dropping their earthquake coverage altogether.
Behr said the main reason is the concern overmajor "After Hurricane Katrina, carriers didn't want to be put in a positioh to have to take on a huge catastrophic loss in one part of the he said. "That's a major reasom companies pull out of earthquakeinsurancs markets. The big carriers don't want a catastrophic loss to affectr theirbottom line." Behr said other large insurers, such as , and , stilll are offering earthquake policies, but ratese are rising. Ommen said the new mostly governor-appointed state task forcw will help educate Missouri property ownerss on how to improve thei r protection againstearthquake losses.
The task force consists of state legislators, insurance company representatives, and construction and seismic experts. St. Louisansa on the panel include Jim Boonr of the Associated General Contractorsof St. Chris Krehmayer of Beyond Randy Noland ofthe , Theodore Pruess of Hazelwood-based and Bob Schreibetr of the Auto Club Family Insurance Company. "It will evaluate alternativews for state involvement in helpinvg preserve the availability and affordability of insurances for commercial property andhome owners," he The task force had its firstr meeting in December in St. Ommen said Missouri legislators heavily involved in the task forcee effortinclude Sen.
Maida Coleman Louis), Sen. Robert Mayer and Rep. Terry Swinger (D-Caruthersville). Swingert has said that if the state of Missouri experienced another quake the same magnitude as the major New Madrid activity that occurred in 1811and 1812, losses couldc total $80 billion. Mike a vice president with the nonprofit in New York said although several including Missouri and are defined by the as beintgat "high risk" for earthquake damage, typical businesw insurance policies do not cover earthquake damage. A property owner must requesy thatcoverage separately.
Earthquake insurance appearzs asa "rider" or "endorsement" on a client'es policy, and typically has its own separatew deductible apart from the client's regulare policy. "The average earthquake insurancde deductible is about 10 percent of the valuse ofthe building, not 10 percentg of the loss, as many people think," Behr "For example, if a building is valued at the earthquake deductible will be about You can opt for a higher or lower deductible, Some carriers may make you take 15 The policies generally cover building damage, crackinfg and collapse caused by tremors, as well as fire damagr resulting from an earthquake, and water damagr caused by pipes rupturing in a tremor.
"Those are the main Behr said. Earthquake damage to vehicles is usually coverer by the comprehensive portion of regular auto according to the DIFP Web Behr said some banks do ask that earthquake insurancer be added toa client's policy before they will approver property loans. According to the there are several factors that can influence a commercialproperty owner'd earthquake insurance rates. Rates may be cheapetr for woodframe structures, which tend to flex more than stone or masonry and can better withstand shaking. Single-story buildingd tend to sustain less damage in an so they may cost less to The same may be true of buildingw that have not yet aged andsettlefd much.
DIFP data show that had the largesyt share of the Missouri commercial earthquake insurance markeytin 2006, with 11.2 percent of the and nearly $2.3 million in written premiums. It was followee by , with $1.87 million, or 9.2 percent; and Insurancde Co. of the West, with $1.3 or 6.4 percent.
Wednesday, February 1, 2012
Kansas City CFOs Report on Third-Quarter Hiring Outlook
zutkomi.blogspot.com
June 2 /PRNewswire/ -- Four percent of chief financialofficers (CFOs) in the Kansas City area expec to add accounting and finance staff during the third quarter of 2009 and 7 percentr anticipate reductions in personnel, according to the most recent Roberrt Half International Financial Hiring The majority of respondents, 88 percent, anticipate no changr in hiring. The local results reflect a two-quarter rolling averagee based on interviews with 200 CFOs from a stratified randoj sample of companies in the Kansas City area with 20 ormore 1,400 CFOs were queried for the national data. (To view the nationapl results, visit .
) The studies were conducted by an independent researcj firm and developed by Robert Half the world's first and largest staffing services firm specializing in accounting and finance. has been trackin g financial hiring activity in the Unitedr Statessince 1992. "Many companies remain hesitang to commit to adding staff until they are certaij of aneconomic recovery," said , chairmanb and CEO of Robert Half International. "In the most firms are working with their current teams to manageskey initiatives, with some employers also bringing in project professionals to assisg with rising workloads and support full-time personnel.
" Robert Half Internationa was founded in 1948 and is traded on the New York Stockk Exchange. Its financial staffing divisionsinclude Accountemps, Robert Half Financ & Accounting and Robert Half Managemenft Resources, for temporary, full-time and senior-level projecgt professionals, respectively. The company has more than 360 staffin g locations worldwide and offers online job search services on itsdivisionak websites, all of which can be accessefd at .
June 2 /PRNewswire/ -- Four percent of chief financialofficers (CFOs) in the Kansas City area expec to add accounting and finance staff during the third quarter of 2009 and 7 percentr anticipate reductions in personnel, according to the most recent Roberrt Half International Financial Hiring The majority of respondents, 88 percent, anticipate no changr in hiring. The local results reflect a two-quarter rolling averagee based on interviews with 200 CFOs from a stratified randoj sample of companies in the Kansas City area with 20 ormore 1,400 CFOs were queried for the national data. (To view the nationapl results, visit .
) The studies were conducted by an independent researcj firm and developed by Robert Half the world's first and largest staffing services firm specializing in accounting and finance. has been trackin g financial hiring activity in the Unitedr Statessince 1992. "Many companies remain hesitang to commit to adding staff until they are certaij of aneconomic recovery," said , chairmanb and CEO of Robert Half International. "In the most firms are working with their current teams to manageskey initiatives, with some employers also bringing in project professionals to assisg with rising workloads and support full-time personnel.
" Robert Half Internationa was founded in 1948 and is traded on the New York Stockk Exchange. Its financial staffing divisionsinclude Accountemps, Robert Half Financ & Accounting and Robert Half Managemenft Resources, for temporary, full-time and senior-level projecgt professionals, respectively. The company has more than 360 staffin g locations worldwide and offers online job search services on itsdivisionak websites, all of which can be accessefd at .
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