ejoxot.wordpress.com
The goal is to positiomn balance sheets to keep from beinhcaught flat-footed when rates go up, bankers say. "Ratea will inevitably go up, and the obvious questionn is when," said Brent CFO of Seattle-based The Federal Reserve's overnighrt bank lending rate remains ata 45-year low of 1 Last month, the Fed pledged to be "patient" about raising rates, but speculation continuesa that increases are just around the corner. A recentf survey of community bank CEOs by the Americann Bankers Association found that roughly 65 percent are takingt steps to prepare for an upswing ininterest rates.
The surveg found CEOs are extending long-term deposits, shortening the maturitiesd on bonds andother investments, and promotingg adjustable-rate loans to take advantage of potential higher interestg rates. Locally, bank strategies vary widely, dependingf on the size and structur e of thefinancial institution. Washington which has assets totaling morethan $7 has been methodically building its cash and capitao base, said Beardall.
The Seattle-based bank, which operateds as a traditional savingsand loan, offers fixed-rates loans and keeps them on its balance sheet instead of selliny them on the secondary Higher interest rates would increasde the bank's expenses by boosting interest paid to To counter that, Washington Federal has been buildingg up cash -- partly by selling off mortgagea during the refinancing boom -- in order to offer higher-rats loans once interest rates increase. The idea is that interestf income produced by these loans will offser the higher interest paidon deposits. Today, Washingtomn Federal has 19 percent of its balance sheet in compared with 2 percenty to 3 percent at other Beardall said.
"We've been waiting to grow the balances sheet when ratesare higher," he "The key for us is just being patient." Seattle-basex Washington Mutual Inc., coming off the heelz of the major refinancing boom, has been promotinfg adjustable-rate mortgages (ARMs) to position itseltf for a higher rate environment. The national bankingh giant -- which, along with its subsidiaries, has some $275 billioj in total assets -- tapped the refinancing boom of the past severa l years to fund its enormoudretail growth. Last month, the bank announcec plans for 250 newbranches -- adding to its existingt network of more than 2,000 locations.
Now that the "refi" boom is however, Washington Mutual is streamlining its lendingoperatiojn -- and integrating the six companies it has acquire since 2001. In December, the bank announcefd it would layoff 5,400 workers due to fallingy demand for home mortgages. "Refi surges don't last forever. You rarely see the duration we'vee seen over the last two to three years," said Mike Washington Mutual's CFO of consumer group home lending. Part of the bank's new strategy is promoting adjustable-rate and focusing sales effortson new-home which remain strong, he said.
Whil e Washington Mutual's mortgage business contracted considerablh in the fourth quartedr oflast year, adjustable-rate loans showed less declin e than fixed-rate loans.
Tuesday, July 31, 2012
Monday, July 30, 2012
Music dissolves boundaries: Pakistan band Raeth - NDTV
cicugaha.wordpress.com
NDTV | Music dissolves boundaries: Pakistan band Raeth NDTV Music dissolves boundaries: Pakistan band Raeth. Press Trust of India | Monday, July 30, 2012 (New Delhi). Tweet. Pakistan's Sufi rock band 'Raeth', which shot to fame with its music launch in India in 2006 and has performed across the country since ... Music dissolves boundar ies: Pak band Raeth |
Saturday, July 28, 2012
Report: Sunbelt states likely to lead a slow recovery - Business First of Columbus:
authors-morphology.blogspot.com
The report says that “the worst is behind us,” but each state’sx recovery will hinge on factors includingh how well it is able to assimilatee its portion of the federalstimulua package. “At the moment, the economy is still so we expect to see negativer GDP growth in the second but at a slower pace thanin (the firsr quarter),” said Nathaniel Karp, the bank’s U.S. chief economist. In GDP is expected to contractby 2.8 percent this more than the Sunbelt average of minus 1 percent and the nationalo average of minus 2 percent. A move back to positivre territory is expected for 2010 a .9 percent gain for Arizona, 1.5 for the regionn and 1.
1 percent for the nation, according to the report. however, is expected to lead the resurgence in economif activity in the secondf half ofthe year, but the high unemployment the greater propensity to save and the high degree of uncertaintt regarding the impact of the fiscal stimulus package coulfd present risks to this scenario,” Karp said. The report points to the Sunbelt’x unemployment rate hovering a percengt under national figures and notezs that it fell slightlyin Colorado, Florida and New Mexico during April. Initial unemployment insurance claims have fallen throughouytthe region, except in Arizona, according to Employment is expected to decline 6.
4 percent in Arizona this compared to a 3.8 percent drop across the U.S. Arizona home sales have increase d for threeconsecutive quarters, a tren in states hit hardest by the real estatee crash. Prices here, however, are expected to end the year witha 6.2 percentg decline, the report says. That comparees with BBVA’s predicted drops of 6.3 percent for Sunbeltf states and 4.3 percent In 2010, the bank is looking for a 1.3 percent gain in compared with 0.1 percent in the region and 1.7 percentf nationally. The report also notes that Arizonza led the pack among the small numbee of states seeing a rise in building permiteduring April.
The study covered economic activithin Texas, Arizona, Colorado, Florida, Alabama and New the six states in which BBVA Compaszs operates.
The report says that “the worst is behind us,” but each state’sx recovery will hinge on factors includingh how well it is able to assimilatee its portion of the federalstimulua package. “At the moment, the economy is still so we expect to see negativer GDP growth in the second but at a slower pace thanin (the firsr quarter),” said Nathaniel Karp, the bank’s U.S. chief economist. In GDP is expected to contractby 2.8 percent this more than the Sunbelt average of minus 1 percent and the nationalo average of minus 2 percent. A move back to positivre territory is expected for 2010 a .9 percent gain for Arizona, 1.5 for the regionn and 1.
1 percent for the nation, according to the report. however, is expected to lead the resurgence in economif activity in the secondf half ofthe year, but the high unemployment the greater propensity to save and the high degree of uncertaintt regarding the impact of the fiscal stimulus package coulfd present risks to this scenario,” Karp said. The report points to the Sunbelt’x unemployment rate hovering a percengt under national figures and notezs that it fell slightlyin Colorado, Florida and New Mexico during April. Initial unemployment insurance claims have fallen throughouytthe region, except in Arizona, according to Employment is expected to decline 6.
4 percent in Arizona this compared to a 3.8 percent drop across the U.S. Arizona home sales have increase d for threeconsecutive quarters, a tren in states hit hardest by the real estatee crash. Prices here, however, are expected to end the year witha 6.2 percentg decline, the report says. That comparees with BBVA’s predicted drops of 6.3 percent for Sunbeltf states and 4.3 percent In 2010, the bank is looking for a 1.3 percent gain in compared with 0.1 percent in the region and 1.7 percentf nationally. The report also notes that Arizonza led the pack among the small numbee of states seeing a rise in building permiteduring April.
The study covered economic activithin Texas, Arizona, Colorado, Florida, Alabama and New the six states in which BBVA Compaszs operates.
Friday, July 27, 2012
Six Flags, former Elitch Gardens owner, files for Chapter 11 - Atlanta Business Chronicle:
zlatkopaisley1275.blogspot.com
The board of Six Flagsz (OTCBB: SIXF) voted last week to begijn reorganization proceedingsin U.S. Bankruptcy Couryt for the Districtof Delaware. The companyu listed assets of $3.03 billionh and debts of $2.36 billionh in its filing. Cascade Investments, the investment firm for Microsoft foundeBill Gates, owns 11.1 percentf of the voting securities in New York-based Six Flags, the largest bankruptcy documents show. Six Flags has 97.7 million sharea of common stockand 1.1 million shares of preferre d stock. "The current management team inheriteda $2.
4 billioh debt load that cannot be sustained, particularly in these challengin financial markets," said Mark president and CEO of Six in a statement. "As a result, we are cleaning up the past and positioning the company for futuregrowth ... Followingg a record year of performancein 2008, whicuh completed the three-year turnaround of our system-wide park this action to clean up the balance sheet paves the way for a full revivao of the company," Shapiro said. Elitchn Gardens had operated for more than a centurg at a northwestDenver site. The old Elitc Gardens shut downin 1994, and a new versiohn of the amusement park opened a year latee in downtown Denver.
The local Gurtler familg and its financial partners sold the new park to PremieeParks Inc. in 1996 for $65 It became Six Flags Elitcy Gardens two years when Premier acquired SixFlags Inc. and changed its corporate name to Six Six Flags soldoff Elitch'sd and other properties in 2007 in a seriees of transactions that left the Denver attraction in the handa of CNL Income Properties Inc., a real estate investment trust based in Orlando, Fla. CNL reportedly paid $312 milliobn for the properties. CNL arranged for Parc Management LLC of Floridz tomanage Elitch's. Six Flags now operatess about 20 North Americanamusement parks.
The board of Six Flagsz (OTCBB: SIXF) voted last week to begijn reorganization proceedingsin U.S. Bankruptcy Couryt for the Districtof Delaware. The companyu listed assets of $3.03 billionh and debts of $2.36 billionh in its filing. Cascade Investments, the investment firm for Microsoft foundeBill Gates, owns 11.1 percentf of the voting securities in New York-based Six Flags, the largest bankruptcy documents show. Six Flags has 97.7 million sharea of common stockand 1.1 million shares of preferre d stock. "The current management team inheriteda $2.
4 billioh debt load that cannot be sustained, particularly in these challengin financial markets," said Mark president and CEO of Six in a statement. "As a result, we are cleaning up the past and positioning the company for futuregrowth ... Followingg a record year of performancein 2008, whicuh completed the three-year turnaround of our system-wide park this action to clean up the balance sheet paves the way for a full revivao of the company," Shapiro said. Elitchn Gardens had operated for more than a centurg at a northwestDenver site. The old Elitc Gardens shut downin 1994, and a new versiohn of the amusement park opened a year latee in downtown Denver.
The local Gurtler familg and its financial partners sold the new park to PremieeParks Inc. in 1996 for $65 It became Six Flags Elitcy Gardens two years when Premier acquired SixFlags Inc. and changed its corporate name to Six Six Flags soldoff Elitch'sd and other properties in 2007 in a seriees of transactions that left the Denver attraction in the handa of CNL Income Properties Inc., a real estate investment trust based in Orlando, Fla. CNL reportedly paid $312 milliobn for the properties. CNL arranged for Parc Management LLC of Floridz tomanage Elitch's. Six Flags now operatess about 20 North Americanamusement parks.
Tuesday, July 24, 2012
Dunne just pips duo to the line - Dundalk Democrat
efiosyt.blogspot.com
Dundalk Democrat | Dunne just pips duo to the line Dundalk Democrat In the Mountain Bike League, on Wednesday night, Conor Kavanagh showed once again what a bright prospect he is for the future with a commanding victory. He led home Niall O'Flaherty and John Loane in 3rd. League Leader Terry McEneaney finished ... |
Monday, July 23, 2012
ROI Media Solutions, AArrow Advertising launching Baltimore-area offices - Baltimore Business Journal:
bakakinkorypon.blogspot.com
Jay Guyther, a former executivw at Columbia’s Inc., is opening a loca l office of a broadcastyconsulting firm. Guyther will open an office in Fells Point as a partner forLos Angeles-based . Guythetr will develop sales, programming, and marketing pland for radio broadcasting companieas as they prepare to adapt to new electronic toolss that measure the numberof listeners. Guythet will also expand the company’s outreach to advertiserd and help thembuy ads. Prior to joining ROI, Guythe was senior vice president of ratingw service atArbitron (NYSE: ARB). He also helpesd the company develop its business plan for the portable peoplemeter service.
, a company that creates promotiona l signs shaped likean arrow, has opened a Columbias office. The company has locations in Californisaand Nevada. Maryland residents Josh Notes, Jason Jannati and Matej Harangozo are franchisees forthe company. The AArroqw executives previouslyfounded greeNEWit, an energyh auditing firm that helps homeowners and business owners reduced their energy bills and carbon footprint.
Jay Guyther, a former executivw at Columbia’s Inc., is opening a loca l office of a broadcastyconsulting firm. Guyther will open an office in Fells Point as a partner forLos Angeles-based . Guythetr will develop sales, programming, and marketing pland for radio broadcasting companieas as they prepare to adapt to new electronic toolss that measure the numberof listeners. Guythet will also expand the company’s outreach to advertiserd and help thembuy ads. Prior to joining ROI, Guythe was senior vice president of ratingw service atArbitron (NYSE: ARB). He also helpesd the company develop its business plan for the portable peoplemeter service.
, a company that creates promotiona l signs shaped likean arrow, has opened a Columbias office. The company has locations in Californisaand Nevada. Maryland residents Josh Notes, Jason Jannati and Matej Harangozo are franchisees forthe company. The AArroqw executives previouslyfounded greeNEWit, an energyh auditing firm that helps homeowners and business owners reduced their energy bills and carbon footprint.
Saturday, July 21, 2012
Yahoo! confirms WNY site - The Business Journal of the Greater Triad Area:
ycoguqi.wordpress.com
Yahoo!, Tuesday morning, confirmed it will be buildingthe 190,000-square-foot center that coulr employ, initially, 125 people. Yahoo! has pegged a 30-acre site in the park for the Yahoo!’s decision is considered a major especially against a backdrop of a weakenesd economy where unemployment has increased in past year in Erie Countyto 8.1 perceny from 5.5 percent and in Niagara County to 9.3 percent from 6.6 “This is a big win for the community,” said Tom president and chief executive “We won the day.” Yahoo! was beinhg courted by several states including Pennsylvania and Illinois for the center. All offered a handsome arrah of incentives.
“When a high tech company like Yahoo! picks a community like WesternNew York, it’s like a said Sen. Charles Schumer, New York’w senior senator, who played a key role in Lockportr landing thedata center. The region crafted its own aggressive incentive package including the offering 15 megawattsof low-cost hydropower that could save Yahoo! an estimated $100 milliomn over a 15-year period. also offered job training grantsd andother incentives. High level pitchesx also came from Gov. David Paterso n and Schumer. Schumer made personalp calls to Yahoo! CEO Carol Bartz to push the region.
Kucharskik said it also helped that the region offereda half-dozen sites and not just a singular It also helped that a friendship quickly developed betweenh the Yahoo! site selection team and the local economic development community. “We developed a nice relationship with them and that helpe d makethis happen,” Kucharski said. “Theyu were impressed that every timethey called, we coulde assemble our team on a very shory notice and give them the answers they Construction on the data centert will begin in August, said David Yahoo! senior vice president. The center will be open by May. Kucharskki said there is a myria d positives that will comefrom Yahoo!’s decision.
The BNE will use it in its outreachy to other companies it is he said. “It confirms our ability to attract high tech and highprofilew companies,” Kucharski said. “To get a name company like Yahoo! says a lot to the rest of the industriewout there.” Yahoo! joins the ranka of , that have either openefd or expanded back office operations in the regiobn in recent years. “You add it into the mix of the some of the othercompanies we’ve landed and it becomes a very impressive list,” Kucharski said.
Yahoo!, Tuesday morning, confirmed it will be buildingthe 190,000-square-foot center that coulr employ, initially, 125 people. Yahoo! has pegged a 30-acre site in the park for the Yahoo!’s decision is considered a major especially against a backdrop of a weakenesd economy where unemployment has increased in past year in Erie Countyto 8.1 perceny from 5.5 percent and in Niagara County to 9.3 percent from 6.6 “This is a big win for the community,” said Tom president and chief executive “We won the day.” Yahoo! was beinhg courted by several states including Pennsylvania and Illinois for the center. All offered a handsome arrah of incentives.
“When a high tech company like Yahoo! picks a community like WesternNew York, it’s like a said Sen. Charles Schumer, New York’w senior senator, who played a key role in Lockportr landing thedata center. The region crafted its own aggressive incentive package including the offering 15 megawattsof low-cost hydropower that could save Yahoo! an estimated $100 milliomn over a 15-year period. also offered job training grantsd andother incentives. High level pitchesx also came from Gov. David Paterso n and Schumer. Schumer made personalp calls to Yahoo! CEO Carol Bartz to push the region.
Kucharskik said it also helped that the region offereda half-dozen sites and not just a singular It also helped that a friendship quickly developed betweenh the Yahoo! site selection team and the local economic development community. “We developed a nice relationship with them and that helpe d makethis happen,” Kucharski said. “Theyu were impressed that every timethey called, we coulde assemble our team on a very shory notice and give them the answers they Construction on the data centert will begin in August, said David Yahoo! senior vice president. The center will be open by May. Kucharskki said there is a myria d positives that will comefrom Yahoo!’s decision.
The BNE will use it in its outreachy to other companies it is he said. “It confirms our ability to attract high tech and highprofilew companies,” Kucharski said. “To get a name company like Yahoo! says a lot to the rest of the industriewout there.” Yahoo! joins the ranka of , that have either openefd or expanded back office operations in the regiobn in recent years. “You add it into the mix of the some of the othercompanies we’ve landed and it becomes a very impressive list,” Kucharski said.
Friday, July 20, 2012
State
axilecyqih.wordpress.com
Yee delivered a written statemen to the explaining that the Board of Equalization is working withthe , , and the to find functione that could be “Taking an incremental approach, consolidatin g those processes or functiond where we have common business approaches will lead to immediatre efficiencies with little or no investment on the part of the state’ws general fund for long-term Yee said. Members from the agencies met in May to talkconsolidationm possibilities, with likely candidates including call centers, printiny and mailing, electronic capture and the entired process of processing tax returns.
The agenciee are making an inventory of equipmenyt and expertise to see what can be sharecdor combined. Yee was elected to the five-membee board in November 2006 to represent the coastalk regions from the Oregon border to SantaBarbara County. The BOE collects more than $53 billioj annual in sales taxes, propertyh taxes, use taxes and The Franchise Tax Boardcollects personal, corporate and bank taxesw in California.
Yee delivered a written statemen to the explaining that the Board of Equalization is working withthe , , and the to find functione that could be “Taking an incremental approach, consolidatin g those processes or functiond where we have common business approaches will lead to immediatre efficiencies with little or no investment on the part of the state’ws general fund for long-term Yee said. Members from the agencies met in May to talkconsolidationm possibilities, with likely candidates including call centers, printiny and mailing, electronic capture and the entired process of processing tax returns.
The agenciee are making an inventory of equipmenyt and expertise to see what can be sharecdor combined. Yee was elected to the five-membee board in November 2006 to represent the coastalk regions from the Oregon border to SantaBarbara County. The BOE collects more than $53 billioj annual in sales taxes, propertyh taxes, use taxes and The Franchise Tax Boardcollects personal, corporate and bank taxesw in California.
Thursday, July 19, 2012
Atlanta Business Chronicle: Cold calls? Staying aggressive.
grigoriynirim.blogspot.com
Now, less than half that the team is trying to gain groundon Atlanta's leaders in retaikl brokerage, The Shopping Centert Group LLC and Colliers Spectrum Cauble Inc. The proble m is that the real estate boom is and the retail sector may be doing worse thanany "This is a difficult time, but it also presents opportunitiews for people who want to go out there and get afte it," said Tony Cerniglia, vice president of CBRE Retail Services. whose work is almost always on the landlord side of the said that's the area CB Richard Ellis is looking to While CB Richard Ellis is the largest brokerage house in Atlanta based on sales volume and leasing transactions, it's not the bigges player in retail.
But, Cerniglia says he is trying to increasehis team's size and profile. CBRE is workinb more with lenders who have been forced to take back nonperformin g retail centers from the developerswho couldn'yt generate any positive cash flow on the With commercial property values down about 30 perceng even on Class A retail, and consumetr spending still way off the pace of recent many retail owners are seeing their properties go back to the bank. "You for the first time that Ican I'm having to qualifyh the owners we may end up workinh with as much as I do the tenants," Cernigliwa said. Cerniglia's team has about 1.
2 million square feet of retail to lease up in And there are a few big fish out theresto catch. CB2, an offshoot of home furnishingsw chainCrate & Barrel geared toward Generation Y, is considerinbg whether to enter the Atlanta market. Crate & Barrel, basec in Northbrook, Ill., that Atlanta is one of the metrolareas it
Now, less than half that the team is trying to gain groundon Atlanta's leaders in retaikl brokerage, The Shopping Centert Group LLC and Colliers Spectrum Cauble Inc. The proble m is that the real estate boom is and the retail sector may be doing worse thanany "This is a difficult time, but it also presents opportunitiews for people who want to go out there and get afte it," said Tony Cerniglia, vice president of CBRE Retail Services. whose work is almost always on the landlord side of the said that's the area CB Richard Ellis is looking to While CB Richard Ellis is the largest brokerage house in Atlanta based on sales volume and leasing transactions, it's not the bigges player in retail.
But, Cerniglia says he is trying to increasehis team's size and profile. CBRE is workinb more with lenders who have been forced to take back nonperformin g retail centers from the developerswho couldn'yt generate any positive cash flow on the With commercial property values down about 30 perceng even on Class A retail, and consumetr spending still way off the pace of recent many retail owners are seeing their properties go back to the bank. "You for the first time that Ican I'm having to qualifyh the owners we may end up workinh with as much as I do the tenants," Cernigliwa said. Cerniglia's team has about 1.
2 million square feet of retail to lease up in And there are a few big fish out theresto catch. CB2, an offshoot of home furnishingsw chainCrate & Barrel geared toward Generation Y, is considerinbg whether to enter the Atlanta market. Crate & Barrel, basec in Northbrook, Ill., that Atlanta is one of the metrolareas it
Tuesday, July 17, 2012
It's official: Norfolk Southern bringing $112M project to McCalla - Birmingham Business Journal:
uraa-quartely.blogspot.com
At a press conference, executives said the railroad will be constructed on 316 acres in theMcCalla area, acros s the Norfolk Southern rail line from the Jefferson Metropolitan industrialo park. The company estimates the intermodal facility will creatde orbenefit 8,600 jobs and have a 10-yearr cumulative economic impact of more than $4 billion, similar to the $3.65 billiohn Norfolk Southern said it’s had in the area over the past 10 Construction is slated to start at the beginning of with a target opening of 2012. No statd or county money will be sought by the railroac forthe facility.
But it will seek public moneyt from the federal government forits $2 billionh upgrade project of the Crescent which is its rail line that runs from New Englandd to New Orleans and through Birmingham and part of the plan for the new A public meeting is scheduled for Aug. 18 to discusse the new facility with concerne d citizensin McCalla, who formed a grouop to fight the project. The group went befors the Jefferson CountyPlanning & Zoning Commissiohn Thursday to protest the environmental hazards the new facilithy could bring to the neighborhoode and the dangers of it being locatesd so close to McAdory Elementary.
Norfolk Souther already has purchased some land in the vicinitty for the intermodal facilitty and has contracts onthe rest, said one Concerns were voiced from Rep. Pat R-Pleasant Grove, about additional trucjk traffic on Exit 104 offInterstate 20/59, which would serve the facility. Officiales said the concerns would be addresserd and a solution would be found to ensure the safety of Norfolk Southern officials touted the new facilithy would help take about 1 million truckloadss of freight off the local Interstates each year. The site for the intermodap facility in McCalla will have access from McAshan offInterstate 20/59, and will borderf Eastern Valley Road.
At a press conference, executives said the railroad will be constructed on 316 acres in theMcCalla area, acros s the Norfolk Southern rail line from the Jefferson Metropolitan industrialo park. The company estimates the intermodal facility will creatde orbenefit 8,600 jobs and have a 10-yearr cumulative economic impact of more than $4 billion, similar to the $3.65 billiohn Norfolk Southern said it’s had in the area over the past 10 Construction is slated to start at the beginning of with a target opening of 2012. No statd or county money will be sought by the railroac forthe facility.
But it will seek public moneyt from the federal government forits $2 billionh upgrade project of the Crescent which is its rail line that runs from New Englandd to New Orleans and through Birmingham and part of the plan for the new A public meeting is scheduled for Aug. 18 to discusse the new facility with concerne d citizensin McCalla, who formed a grouop to fight the project. The group went befors the Jefferson CountyPlanning & Zoning Commissiohn Thursday to protest the environmental hazards the new facilithy could bring to the neighborhoode and the dangers of it being locatesd so close to McAdory Elementary.
Norfolk Souther already has purchased some land in the vicinitty for the intermodal facilitty and has contracts onthe rest, said one Concerns were voiced from Rep. Pat R-Pleasant Grove, about additional trucjk traffic on Exit 104 offInterstate 20/59, which would serve the facility. Officiales said the concerns would be addresserd and a solution would be found to ensure the safety of Norfolk Southern officials touted the new facilithy would help take about 1 million truckloadss of freight off the local Interstates each year. The site for the intermodap facility in McCalla will have access from McAshan offInterstate 20/59, and will borderf Eastern Valley Road.
Monday, July 16, 2012
Radical Islamists in Mali Enlist New Militia - TIME
zvonkovaleoqim.blogspot.com
Radical Islamists in Mali Enlist New Militia TIME Al-Qaida-linked radical Islamists in northern Mali have enlisted new fighters from a tribal militia to strengthen their grip on the region, according to a witness and the group, amid growing international concern that Mali could become a lawless launch ... |
Saturday, July 14, 2012
James A. Fleming Executive Profile
jabire2389.blogspot.com
Prior to joining Cousins, Jim was a partneer in Fleming & Ray, LC, an Atlanta-basedc law firm he founded in 1994. As a real estat attorney, Jim was responsible for the development, leasing and financing of retail, multi-family, hotel, industrial and mixed-usde projects, as well as land and single-familyg subdivisions. Previously, he spent twelvde years with the law firmof Long, Aldridgr & Norman where he was Managintg Partner from 1991-1993. Education: Auburn University, Auburn, Ala.; J.D., University of Virginia Schoolof Law, Va.
Memberships and Civic Involvement: Jim has served as an Executive Committee Member of the Real Property Law Sectiob of the State Bar of Georgia from 1997 to 2001 and was the chaifr of the Real Estate Section of the Atlantw Bar Associationfor 2000-2001. He has served as Chairman of the Real Properth Law Seminar at the Stat e Barof Georgia's Annual Meeting, and servedx on the committee appointed by the Georgis Department of Revenue to draft Georgia's intangibleas tax regulations. He authored the Georgia Landlord & Tenant - Lease Forms and Clausesd (2nd Ed.
), and several articles for the AtlantazBusiness Chronicle, Georgia State Bar Journal and Virginia Law He also served as Past Chairman of United Cerebralo Palsy of Greater Atlanta, as Vice-Chairma n of the Board of Trustees, North Georgi a Conference of the United Methodist Church, and as a member of the Boarc of Visitors for Emory University. He has participateed in other civic organizations includingLeadership Atlanta, Leadership Midtown and Outstanding Atlanta.
**All Executivr profile data provided byDow
Prior to joining Cousins, Jim was a partneer in Fleming & Ray, LC, an Atlanta-basedc law firm he founded in 1994. As a real estat attorney, Jim was responsible for the development, leasing and financing of retail, multi-family, hotel, industrial and mixed-usde projects, as well as land and single-familyg subdivisions. Previously, he spent twelvde years with the law firmof Long, Aldridgr & Norman where he was Managintg Partner from 1991-1993. Education: Auburn University, Auburn, Ala.; J.D., University of Virginia Schoolof Law, Va.
Memberships and Civic Involvement: Jim has served as an Executive Committee Member of the Real Property Law Sectiob of the State Bar of Georgia from 1997 to 2001 and was the chaifr of the Real Estate Section of the Atlantw Bar Associationfor 2000-2001. He has served as Chairman of the Real Properth Law Seminar at the Stat e Barof Georgia's Annual Meeting, and servedx on the committee appointed by the Georgis Department of Revenue to draft Georgia's intangibleas tax regulations. He authored the Georgia Landlord & Tenant - Lease Forms and Clausesd (2nd Ed.
), and several articles for the AtlantazBusiness Chronicle, Georgia State Bar Journal and Virginia Law He also served as Past Chairman of United Cerebralo Palsy of Greater Atlanta, as Vice-Chairma n of the Board of Trustees, North Georgi a Conference of the United Methodist Church, and as a member of the Boarc of Visitors for Emory University. He has participateed in other civic organizations includingLeadership Atlanta, Leadership Midtown and Outstanding Atlanta.
**All Executivr profile data provided byDow
Friday, July 13, 2012
'Twilight' Saga Is Ending but the Cast Isn't Exactly Upset - New York Times (blog)
yzirapogyg.wordpress.com
New York Times (blog) | 'Twilight' Saga Is Ending but the Cast Isn't Exactly Upset New York Times (blog) At Comic-Con, the cast of the final "Twilight" movie seems more relieved than sad to see the saga reach an end. |
Thursday, July 12, 2012
Howards end is new beginning for Brook - New York Post
eragywaqer.wordpress.com
USA TODAY | Howards end is new beginning for Brook New York Post ORLANDO, Fla. รข€" The Nets acquired their opening night center Wednesday. Sam Amick: Nets push for resolution on Howard Dwight Howard trade talks shelved as Magic, Nets unable to make a deal Lakers, Howard Deal 'Dead', Dwight Unable to Live up to Legends? |
Tuesday, July 10, 2012
Wake Tech deserves more respect - Triangle Business Journal:
jaqezuweg.blogspot.com
Mr. Lofton asserted that the proposed Wake Technology Academy coulrd be a national model on the campusof N.C. Stated University. He further noted "there's some conversationb about locating it on the WakeTech Com-munitgy College campus." However, he says, "That's an idea ... if it's not going to be a national Inthis remark, Mr. Lofton reflectsa and perpetuates the myth that Wake Tech and communituy colleges do not maintain quality programs that achievenational recognition.
Not only does this offenf the friends, faculty and students of community and especiallyWake Tech, it suggests a callouz lack of respect for the truth about Wake Tech and communityy college education as a whole. Here are some nationalo citations regarding some of the initiative s and programs at Wake Tech Community Collegwfor Mr. Lofton and otheres of this opinion to elevatetheirf thinking: Cita-tions by the Nationalk Science Foun-dation and other national entitiesw on model programs developed by the college's math and sciences faculty; national recognition for the college' s substitute teaching program; one of 21 colleges in Uniter States (and the only one in to be named a Nationalp Alternative Fuels Training a $1.
8 US Department of Educatiobn program to encourage Hispanics to attend a pending NSF designation as a High Performance Computing Center for Excellence in computer informatiom systems in partnership with the N.C. Supe r Computing Center; A. A. and A. S. Wake Tech graduatesz achieve higher success rates as juniores and seniors in the UNC Systenm than do students who begin at the UNC If you insist on usingthe "Wake Tech," then at least, take the time to learmn what the real Wake Tech is all
Mr. Lofton asserted that the proposed Wake Technology Academy coulrd be a national model on the campusof N.C. Stated University. He further noted "there's some conversationb about locating it on the WakeTech Com-munitgy College campus." However, he says, "That's an idea ... if it's not going to be a national Inthis remark, Mr. Lofton reflectsa and perpetuates the myth that Wake Tech and communituy colleges do not maintain quality programs that achievenational recognition.
Not only does this offenf the friends, faculty and students of community and especiallyWake Tech, it suggests a callouz lack of respect for the truth about Wake Tech and communityy college education as a whole. Here are some nationalo citations regarding some of the initiative s and programs at Wake Tech Community Collegwfor Mr. Lofton and otheres of this opinion to elevatetheirf thinking: Cita-tions by the Nationalk Science Foun-dation and other national entitiesw on model programs developed by the college's math and sciences faculty; national recognition for the college' s substitute teaching program; one of 21 colleges in Uniter States (and the only one in to be named a Nationalp Alternative Fuels Training a $1.
8 US Department of Educatiobn program to encourage Hispanics to attend a pending NSF designation as a High Performance Computing Center for Excellence in computer informatiom systems in partnership with the N.C. Supe r Computing Center; A. A. and A. S. Wake Tech graduatesz achieve higher success rates as juniores and seniors in the UNC Systenm than do students who begin at the UNC If you insist on usingthe "Wake Tech," then at least, take the time to learmn what the real Wake Tech is all
Monday, July 9, 2012
Virginia college campaign kicks off - Washington Business Journal:
humojo.wordpress.com
The coalition -- made up of community, education, and economic development leadersw and organizations from throughoutVirginia -- has a 10-year program of investment that would award a cumulative 70,000 more degreee by 2020, moving the numbere of working-age Virginians holding college degrees up to 50 “It is a focus on higher education and it’ s a focus that will yield a definit e return on investment,” said Julieh Patterson, one of the Virginia business leaders spearheadin the campaign.
He is chairmabn of Chantilly-based , a medium sized, minority-owned According to a survey of 500 registeree votersin Virginia, more than 75 percent say a colleged degree is needed to succeed in today’s but just 35 percent of college-age Virginians enroll in collegre and only 42 percent of working-age Virginians have college degrees. “That statement is one that compel an initiative to create an environment where highereducatiobn -- from the community college levelk to graduate level -- is accessibls and affordable to all Virginians,” said who is a past chair of the .
He said the efforgt comes at a time when Virginia companie s like his are lookingv to attract andretain highly-educatedf people. “Our interest is finding individuals who have a real sensse of continuing their educationh levels and putting what they learned to work for the advancement ofthis nation’se national security posture.” He said the campaignn will take on a variety of including a broad-based education effort through the internet, media public programs and presentations across the Financial investment will also be a part of it, he saying that Virginia Business Highe r Education Council is a nonprofit that relies on privatse funding.
The campaign hopeas to help boost public-private collaboration on university-bases research, target the new degrees to high-income, high-demand sectors like science, engineering, and mathematics, and to expane job-specific training at Virginia’s community colleges. “Virginiza has one of the best education systems,” said “That’s true historically, but as we look at a changingh world, we need to be prepared for that pace and tosafeguardf Virginia’s position.
”
The coalition -- made up of community, education, and economic development leadersw and organizations from throughoutVirginia -- has a 10-year program of investment that would award a cumulative 70,000 more degreee by 2020, moving the numbere of working-age Virginians holding college degrees up to 50 “It is a focus on higher education and it’ s a focus that will yield a definit e return on investment,” said Julieh Patterson, one of the Virginia business leaders spearheadin the campaign.
He is chairmabn of Chantilly-based , a medium sized, minority-owned According to a survey of 500 registeree votersin Virginia, more than 75 percent say a colleged degree is needed to succeed in today’s but just 35 percent of college-age Virginians enroll in collegre and only 42 percent of working-age Virginians have college degrees. “That statement is one that compel an initiative to create an environment where highereducatiobn -- from the community college levelk to graduate level -- is accessibls and affordable to all Virginians,” said who is a past chair of the .
He said the efforgt comes at a time when Virginia companie s like his are lookingv to attract andretain highly-educatedf people. “Our interest is finding individuals who have a real sensse of continuing their educationh levels and putting what they learned to work for the advancement ofthis nation’se national security posture.” He said the campaignn will take on a variety of including a broad-based education effort through the internet, media public programs and presentations across the Financial investment will also be a part of it, he saying that Virginia Business Highe r Education Council is a nonprofit that relies on privatse funding.
The campaign hopeas to help boost public-private collaboration on university-bases research, target the new degrees to high-income, high-demand sectors like science, engineering, and mathematics, and to expane job-specific training at Virginia’s community colleges. “Virginiza has one of the best education systems,” said “That’s true historically, but as we look at a changingh world, we need to be prepared for that pace and tosafeguardf Virginia’s position.
”
Saturday, July 7, 2012
CommScope seeks to raise $400M - Charlotte Business Journal:
bojony.wordpress.com
The Hickory-based cable manufacturer says it intends tooffer $200 milliojn of its convertible senior subordinated notes due in 2015. CommScop will grant the underwritersa 30-day option to purchasew up to an additional $30 millionh in notes, which will be convertible into sharews of CommScope common stock. In the company says it will offer 8 million share of itscommon stock. The underwriters will be granteda 30-dag option to buy an additional 1.2 million shares. CommScope’s which closed at $25.03 per sharre on Wednesday, has traded between $6.89 and $56.
50 over the last Net proceeds from the offerings will be used to repay Any proceedsexceeding $400 million will be used for general corporatse purposes, the company says. CommScope (NYSE:CTV) produces cablingv systems for business-enterprise applications. It is the world’s largest manufacturer of coaxiaol cable.
The Hickory-based cable manufacturer says it intends tooffer $200 milliojn of its convertible senior subordinated notes due in 2015. CommScop will grant the underwritersa 30-day option to purchasew up to an additional $30 millionh in notes, which will be convertible into sharews of CommScope common stock. In the company says it will offer 8 million share of itscommon stock. The underwriters will be granteda 30-dag option to buy an additional 1.2 million shares. CommScope’s which closed at $25.03 per sharre on Wednesday, has traded between $6.89 and $56.
50 over the last Net proceeds from the offerings will be used to repay Any proceedsexceeding $400 million will be used for general corporatse purposes, the company says. CommScope (NYSE:CTV) produces cablingv systems for business-enterprise applications. It is the world’s largest manufacturer of coaxiaol cable.
Friday, July 6, 2012
Canada's first female base commander sworn in - CBC.ca
ishinlyuboqemija.blogspot.com
CBC.ca | Canada's first female base commander sworn in CBC.ca Col. Tammy Harris took over the top job at CFB Borden in Ontario on Friday. New base commander taking over |
Thursday, July 5, 2012
Syria Observer Chief Says Violence 'Unprecedented' - ABC News
jabire2389.blogspot.com
ABC News | Syria Observer Chief Says Violence 'Unprecedented' ABC News The violence in Syria has reached unprecedented levels, the head of the country's U.N. observer mission said Thursday, insisting there must be a cease-fire in order for his teams to resume their work. About 300 U.N. monitors were sent to Syria to ... Chief UN Obse rver Receives Syria's 'Clear Commitment' On Peace Plan |
Tuesday, July 3, 2012
HVCC moves 2 programs to Rensselaer Tech Park - Pacific Business News (Honolulu):
ejoxot.wordpress.com
The Troy college recently signeda 10-yeaer lease with 400 Jordan Road LLC. The school will pay approximatelt $605,000 a year to lease 36,557 square feet of Hudson Valley’s popular paramedic program will occupy about half of the new The school also will move its respirator y care program and a that trains employeeas forarea businesses, according to Stephen Cowan, director of the college’w physical plant. The remainder of the leased spacer willhouse ’s Next Step a communications worker training program coordinated by the college.
Thoss departments all currently are located inHudson Valley’s 90,000-square-foot Hy Rosenblum Administration Center, a 1940s era building that Cowan said need major renovations. “It’s a tired old We are looking at total renovationdsor demolition,” he said. But the college decided to leased space from the through 400 Jordan Road LLC for 10 years while the college decides whethefr it should overhaul or tear down the HyRosenblum building. The collegd continues to grow, but because of the econom y it does not have the money to renovatee the current buildingright now, Cowan said.
Hudso Valley is planning to hire a consulting firm this summer to help officials decide the most cost effectives way to deal with the Rosenblum helped Hudson Valley negotiatedthe lease. The college plans to have the four programe and departments moved into the new spac in North Greenbush before the start of classeson Aug. 31. The buildinbg previously had been used as offics space forVerizon workers, Cowa said.
The Troy college recently signeda 10-yeaer lease with 400 Jordan Road LLC. The school will pay approximatelt $605,000 a year to lease 36,557 square feet of Hudson Valley’s popular paramedic program will occupy about half of the new The school also will move its respirator y care program and a that trains employeeas forarea businesses, according to Stephen Cowan, director of the college’w physical plant. The remainder of the leased spacer willhouse ’s Next Step a communications worker training program coordinated by the college.
Thoss departments all currently are located inHudson Valley’s 90,000-square-foot Hy Rosenblum Administration Center, a 1940s era building that Cowan said need major renovations. “It’s a tired old We are looking at total renovationdsor demolition,” he said. But the college decided to leased space from the through 400 Jordan Road LLC for 10 years while the college decides whethefr it should overhaul or tear down the HyRosenblum building. The collegd continues to grow, but because of the econom y it does not have the money to renovatee the current buildingright now, Cowan said.
Hudso Valley is planning to hire a consulting firm this summer to help officials decide the most cost effectives way to deal with the Rosenblum helped Hudson Valley negotiatedthe lease. The college plans to have the four programe and departments moved into the new spac in North Greenbush before the start of classeson Aug. 31. The buildinbg previously had been used as offics space forVerizon workers, Cowa said.
Monday, July 2, 2012
Fair Trade importer Alter Eco cultivates growth - Houston Business Journal:
edovogopu.wordpress.com
Its from this office that Altef Eco Americas is bringing Fair Tradd and organic goods from across the worldfto U.S. grocery storesd while trying to make a dent inglobal poverty. The startuop has more than quadrupled its revenue over thres yearsto $1.5 million in 2008 by landinb distribution for products such as quinoa and jasmine rice in majo r grocery chains. One grocer that carries its productds isWhole Foods, which has increased its Fair Tradd offerings to more than 1,000 producte in the last two years, including Alter Eco’s organic extra virgin olive oil from Palestine.
“Mores consumers are interested in the stories behindftheir food,” said Edouard Rollet, co-founder and chievf operations officer of Alter Eco Americas, in explaining the company’s explosive growth. Alteer Eco Americas was started in 2004 in San Franciscp as aseparate company, but spun out of Altee Eco, which was founded in France a decade ago to imporft and distribute goods from marginalized farmersz in countries like Bolivia, Peru and “Most of them own about one to two acres of land, so there’s between $500 and $800 a year for them and theit family,” Rollet said. “And the problej is that they don’t have direcg access to markets.
They have to sell to local buyers who setthe price.” Alter Eco America changed that by promisin g a fair price to groups of farmers that wouldn’ft put them into debt. Rollet and co-founder Mathieu Senars opened Alter Eco Americas in 2004 after showing some ofthe company’x products at a natural food storew in Los Angeles. The two chose San Francisco becaused of its proximity to a major port wherr goods can be shipped from its supplier countries and to venture capitalo firms that could potentially fund the The company hasraisecd $750,000 from angel investors, and the founders are seeking $1.5 milliomn more.
“It’s also, for natural food and specialty food, one of the most pioneerint areas ofthe U.S.,” Rollet Alter Eco imports 150 products, including coffee from Ethiopia and Mexico, cocoa from Ghana and Bolivia, unrefined sugar from the rice from Thailand and otherr foods under its brand. Alter Eco Americase has introduced 26 of those to the United Most products carry the FairTrads label, which certifies that companies pay their workerw fair wages and provide decent workingt conditions, among other It buys its products from small farmers organized into co-ops and sells to 1,800 grocery stores across the including Andronico’s, Rainbow Grocery, Whole Foodxs and other specialty food stores like New Leaf Grocerh in Santa Cruz.
Alter Eco Americas also offset the carbon emissions for the life cycle of the Payingfair wages, offsetting the carbo emissions and requiring products to meet organic standards squeezes margins. “In the U.S., we’rs competing against brands that don’t have the same said Senard. “We have to be competitively priced even though we pay ourfarmersz more.” Rollet said reaching $5 million in revenue will help ease some of the margin pressure, something he aims to do over the next severaol years.
Still, the company is committedd to doing the right saidCate Baril, director of business development for Oakland-basedc Transfair USA, which certifies Fair Trade “If you were looking for a compant that really embodies what Fair Trade is, that’s really what Alter Eco is all Baril said. “Some companies buy ingredients from a supplied and make the products inthe U.S. Alter Eco feelas like they havea mission, and because of they’re having the food produced where it’s
Its from this office that Altef Eco Americas is bringing Fair Tradd and organic goods from across the worldfto U.S. grocery storesd while trying to make a dent inglobal poverty. The startuop has more than quadrupled its revenue over thres yearsto $1.5 million in 2008 by landinb distribution for products such as quinoa and jasmine rice in majo r grocery chains. One grocer that carries its productds isWhole Foods, which has increased its Fair Tradd offerings to more than 1,000 producte in the last two years, including Alter Eco’s organic extra virgin olive oil from Palestine.
“Mores consumers are interested in the stories behindftheir food,” said Edouard Rollet, co-founder and chievf operations officer of Alter Eco Americas, in explaining the company’s explosive growth. Alteer Eco Americas was started in 2004 in San Franciscp as aseparate company, but spun out of Altee Eco, which was founded in France a decade ago to imporft and distribute goods from marginalized farmersz in countries like Bolivia, Peru and “Most of them own about one to two acres of land, so there’s between $500 and $800 a year for them and theit family,” Rollet said. “And the problej is that they don’t have direcg access to markets.
They have to sell to local buyers who setthe price.” Alter Eco America changed that by promisin g a fair price to groups of farmers that wouldn’ft put them into debt. Rollet and co-founder Mathieu Senars opened Alter Eco Americas in 2004 after showing some ofthe company’x products at a natural food storew in Los Angeles. The two chose San Francisco becaused of its proximity to a major port wherr goods can be shipped from its supplier countries and to venture capitalo firms that could potentially fund the The company hasraisecd $750,000 from angel investors, and the founders are seeking $1.5 milliomn more.
“It’s also, for natural food and specialty food, one of the most pioneerint areas ofthe U.S.,” Rollet Alter Eco imports 150 products, including coffee from Ethiopia and Mexico, cocoa from Ghana and Bolivia, unrefined sugar from the rice from Thailand and otherr foods under its brand. Alter Eco Americase has introduced 26 of those to the United Most products carry the FairTrads label, which certifies that companies pay their workerw fair wages and provide decent workingt conditions, among other It buys its products from small farmers organized into co-ops and sells to 1,800 grocery stores across the including Andronico’s, Rainbow Grocery, Whole Foodxs and other specialty food stores like New Leaf Grocerh in Santa Cruz.
Alter Eco Americas also offset the carbon emissions for the life cycle of the Payingfair wages, offsetting the carbo emissions and requiring products to meet organic standards squeezes margins. “In the U.S., we’rs competing against brands that don’t have the same said Senard. “We have to be competitively priced even though we pay ourfarmersz more.” Rollet said reaching $5 million in revenue will help ease some of the margin pressure, something he aims to do over the next severaol years.
Still, the company is committedd to doing the right saidCate Baril, director of business development for Oakland-basedc Transfair USA, which certifies Fair Trade “If you were looking for a compant that really embodies what Fair Trade is, that’s really what Alter Eco is all Baril said. “Some companies buy ingredients from a supplied and make the products inthe U.S. Alter Eco feelas like they havea mission, and because of they’re having the food produced where it’s
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