Bad Diligence? Malpractice? Or Just Chutzpah? Forbes The Complaint brings up issues of whether Sidley conducted bad due diligence or committed malpractice. But reading Sidley's response makes me think that Watts Water has some chutzpah to accuse Sidley of anything. After looking at the Complaint, the ... |
Friday, August 31, 2012
Bad Diligence? Malpractice? Or Just Chutzpah? - Forbes
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Wednesday, August 29, 2012
Marco Rubio greeted like a celebrity at the RNC - NBCNews.com (blog)
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VOXXI | Marco Rubio greeted like a celebrity at the RNC NBCNews.com (blog) Florida Senator Marco Rubio was often discussed as a potential running mate for Mitt Romney. Though he didn't get the honor, he'll have an important role in the Republican National Convention on Thursday night when he introduces Romney. Today the ... Marco Rubio: Immi gration should not be a 'political footb » |
Tuesday, August 28, 2012
Virginia Chapter of Associated Builders and Contractors to move HQ to Loudoun County - Minneapolis / St. Paul Business Journal:
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BE&K Building Group of Vienna won preconstructiobn and construction services forthe building, whicy is expected to deliver next spring. The 37-year-olcd statewide association represents constructionand construction-related firms and has officese in Chantilly, Richmond, and Hampton Roads. Its Chantillyg headquarters lease ends next and the group was looking to expanx since it provides apprenticeship inseverak trades, safety training, and a comprehensives construction management education program. The new spacee will include training labs, classrooms, support space, meeting space and administrative offices.
ABC-VwA will occupy a little over half, or 17,500 squarw feet, and the rest will be leaser out to tenants that have not beenselected yet. The projecr was designed by Morgah GickMcBeath & Associates PC to get Gold Leadershipo in Energy and Environmental Design (LEED) certification from the U.S. Greenj Building Council. Sustainable featuresa will include a pervious concrete pavement system to act as a stor m water system forthe facility, recycled glaszs terrazzo flooring, waterless urinalx and dual flush water closets.
BE&K Building Group of Vienna won preconstructiobn and construction services forthe building, whicy is expected to deliver next spring. The 37-year-olcd statewide association represents constructionand construction-related firms and has officese in Chantilly, Richmond, and Hampton Roads. Its Chantillyg headquarters lease ends next and the group was looking to expanx since it provides apprenticeship inseverak trades, safety training, and a comprehensives construction management education program. The new spacee will include training labs, classrooms, support space, meeting space and administrative offices.
ABC-VwA will occupy a little over half, or 17,500 squarw feet, and the rest will be leaser out to tenants that have not beenselected yet. The projecr was designed by Morgah GickMcBeath & Associates PC to get Gold Leadershipo in Energy and Environmental Design (LEED) certification from the U.S. Greenj Building Council. Sustainable featuresa will include a pervious concrete pavement system to act as a stor m water system forthe facility, recycled glaszs terrazzo flooring, waterless urinalx and dual flush water closets.
Sunday, August 26, 2012
Across media landscape, recession
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While that could describe nearl any industry amidthis it’s particularly apt for the media, whose advertising-based businesas model is taking a Those companies still advertising want to ensure they’re gettingf the most value for their dollars, whichj makes competition in the splintering mediwa landscape even tougher, said Marsha Young, a media buyer and partnert at Columbus-based “More than she said, “people are (return-on-investment) based.” Columbus Businessw First spoke to a sampling of area mediq companies to see how the recession has affectedc them.
“What’s affecting us is the automotive andhousing categories,” said Brian Dytko, markeyt manager for ’s seven area radilo stations. Realtors and car dealers are in the top five advertisingv categoriesfor radio, Dytko said, so when those industriez started declining, radio wasn’t far behind. Dytko estimated clientsd have cut their advertising budgets by30 percent. Clear Channel stations noticed a changelast year, Dytkop said, but the decline accelerated this year after the auto industry hit the The result has been cutbacks.
San Antonio-based Clear Channel said in January it wascutting 1,85p0 jobs, or 9 percent of its work as part of a $350 millionn cost-cutting plan. Dytko declined to say how many jobs were lostin Still, Dytko said it appears business is picking up and, if the economgy is turning around, he expectx radio will recover. “Everybody is down,” he “I don’t see radio losing market share to any othersignificanf media.” Circulation and advertising revenue at newspapers have been decliningv for several years. One cause is the where most newspapers are giving away their news for And the deepening recession has hurtas well.
The Columbus Dispatchg has had a couple rounde ofjob cuts; , a commercial printert in Carroll owned by shut down in and Addison, Texas-based , parengt of The Other Columbus Monthly, CEO magazine and the weekl y newspaper chain, filed for Chapter 11 bankruptch protection in April. At the Columbus Messenge Co., a Columbus-based owner of suburban customers were asked to make a voluntart contributionof $18 so the paper coul d continue home delivery. “People have been rallying,” said Fred advertising and production manager for the Westside Messenger. Schenk said the biggest impacgt on his paper has come from a declinr in realestate advertising.
“We’ve also seen a decline in small-businesseas advertising,” he said. “They’re going out of businessa or cutting back.” The paper hasn’t had to cut jobs, Schenik said, but it hasn’t been replacing peoplwe who left either. With more than $1 billion raised durinv the last presidentialcampaigj season, 2008 was good to television stations. This year is a differeng story, but not as bad as one might saidMichael Cash, vice president of salews at television affiliate WCMH. “We’ve had double-digit declines, but that’sa based on a pretty healthy year (in Cash said.
“If we’re down 15 to 20 percengt overall, it’s because of a 30 percent nationa l drop and a 5 to10 (percent) The majority of spots offered on broadcast stationas are sold by the national networks, while local affiliates sell the rest. WCMH continues to sell its Cash said, but at lower In the first quarter, rates were down 10 percengt to15 percent. Becausde of that, companies that may have advertised only in print befor e have movedto TV, Cash Still, that doesn’t make up for the declinre in automotive ads, which Cash said in the past made up 20 percen t to 30 percent of the industry’s business. ColumbusUnderground.cojm is doing better than most.
Operated by one man, it’as a Web site that offeras readers an aggregation of news stories from othef media and someoriginal content. Walker Evans startexd the site in 2001 as a source for news on Columbuzs nightlifeand entertainment, but it has since evolves into a general interest site. “I don’ty think people are looking forless news. They’rw just looking for it in different Evans said. As ColumbusUnderground grew, it attractec enough advertising from small businessesa that Evans was able to quit his job in 2007 to work on the site He hopes to soon be able to pay salariesand health-cares benefits for a small number of full-timde employees.
The key, Evans said, is the site’s low-costy model. Ads cost betweem $50 to $200 a month based on size and That attracts clients that advertised littlw if any inthe past, Evans
While that could describe nearl any industry amidthis it’s particularly apt for the media, whose advertising-based businesas model is taking a Those companies still advertising want to ensure they’re gettingf the most value for their dollars, whichj makes competition in the splintering mediwa landscape even tougher, said Marsha Young, a media buyer and partnert at Columbus-based “More than she said, “people are (return-on-investment) based.” Columbus Businessw First spoke to a sampling of area mediq companies to see how the recession has affectedc them.
“What’s affecting us is the automotive andhousing categories,” said Brian Dytko, markeyt manager for ’s seven area radilo stations. Realtors and car dealers are in the top five advertisingv categoriesfor radio, Dytko said, so when those industriez started declining, radio wasn’t far behind. Dytko estimated clientsd have cut their advertising budgets by30 percent. Clear Channel stations noticed a changelast year, Dytkop said, but the decline accelerated this year after the auto industry hit the The result has been cutbacks.
San Antonio-based Clear Channel said in January it wascutting 1,85p0 jobs, or 9 percent of its work as part of a $350 millionn cost-cutting plan. Dytko declined to say how many jobs were lostin Still, Dytko said it appears business is picking up and, if the economgy is turning around, he expectx radio will recover. “Everybody is down,” he “I don’t see radio losing market share to any othersignificanf media.” Circulation and advertising revenue at newspapers have been decliningv for several years. One cause is the where most newspapers are giving away their news for And the deepening recession has hurtas well.
The Columbus Dispatchg has had a couple rounde ofjob cuts; , a commercial printert in Carroll owned by shut down in and Addison, Texas-based , parengt of The Other Columbus Monthly, CEO magazine and the weekl y newspaper chain, filed for Chapter 11 bankruptch protection in April. At the Columbus Messenge Co., a Columbus-based owner of suburban customers were asked to make a voluntart contributionof $18 so the paper coul d continue home delivery. “People have been rallying,” said Fred advertising and production manager for the Westside Messenger. Schenk said the biggest impacgt on his paper has come from a declinr in realestate advertising.
“We’ve also seen a decline in small-businesseas advertising,” he said. “They’re going out of businessa or cutting back.” The paper hasn’t had to cut jobs, Schenik said, but it hasn’t been replacing peoplwe who left either. With more than $1 billion raised durinv the last presidentialcampaigj season, 2008 was good to television stations. This year is a differeng story, but not as bad as one might saidMichael Cash, vice president of salews at television affiliate WCMH. “We’ve had double-digit declines, but that’sa based on a pretty healthy year (in Cash said.
“If we’re down 15 to 20 percengt overall, it’s because of a 30 percent nationa l drop and a 5 to10 (percent) The majority of spots offered on broadcast stationas are sold by the national networks, while local affiliates sell the rest. WCMH continues to sell its Cash said, but at lower In the first quarter, rates were down 10 percengt to15 percent. Becausde of that, companies that may have advertised only in print befor e have movedto TV, Cash Still, that doesn’t make up for the declinre in automotive ads, which Cash said in the past made up 20 percen t to 30 percent of the industry’s business. ColumbusUnderground.cojm is doing better than most.
Operated by one man, it’as a Web site that offeras readers an aggregation of news stories from othef media and someoriginal content. Walker Evans startexd the site in 2001 as a source for news on Columbuzs nightlifeand entertainment, but it has since evolves into a general interest site. “I don’ty think people are looking forless news. They’rw just looking for it in different Evans said. As ColumbusUnderground grew, it attractec enough advertising from small businessesa that Evans was able to quit his job in 2007 to work on the site He hopes to soon be able to pay salariesand health-cares benefits for a small number of full-timde employees.
The key, Evans said, is the site’s low-costy model. Ads cost betweem $50 to $200 a month based on size and That attracts clients that advertised littlw if any inthe past, Evans
Saturday, August 25, 2012
Easier to focus on off-field issues with Royals in town - Nashua Telegraph
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Easier to focus on off-field issues with Royals in town Nashua Telegraph Adrian Gonzalez, not the most talkative sort under the best of circumstances, took one question Friday afternoon and deftly deflected it. “Only baseball questions,†he said to his would-be interrogators. Someone asked for his thoughts on reports that ... |
Friday, August 24, 2012
Keeping employees healthy - Business First of Buffalo:
shelly-polymer.blogspot.com
It’s been no surprise the health of U.S. workersd is on the The (www.cdc.gov/nchs) says 62 percent of adults are notphysicallt active, as of 2007, and only 24 percent are actived three to four times a week. For everyh dollar a company spends on healthand wellness, in two to five it could see another $3 to $4 in according to a 2005 study by the American Journal of Preventivde Medicine (www.ajpm-online.net). It makes sense: healthier employeexs could cost companies less in health careand worker’zs compensation claims, analysts say. And a healthier work force may also mean fewerd days lostto absenteeism. in Bethesda, Md.
, which employes 140, started its wellness initiatives by waiving the joining fee and offering a discounterd monthly rate for fitnessclub memberships. They decidedr to step it up a notch and give employeese 10 Weight Watchers meeting voucherseach year, and waivex the joining fee, as well as offering the diet program’zs online services for free up for a certain dollar The company’s employee assistance program is also at no cost to “They’ve been really appreciative of the programsw we have in place,” said Mary Ung, humahn resources partner at the company. Jessica Sheffield, a corporate wellness director with Brick Bodiesin Cockeysville, Md.
, says the key ingredienty to creating an effective wellness plan is upper management Having a vision for wellness, goales and objectives, as well as being able to providse a budget and methods of communication, all fall under uppe management’s responsibilities. • A written plan that detail allwellness goals, activities and • Data collection, which can include health risk screenings and employee feedback surveys; On-site exercise programs, weight managementf classes, subsidized health club team-based fitness challenges, stress managementy resources and smoking cessation • Evaluation of the programds and activities; and, • Collaboration with internak wellness resources and partnershipsx with third-party wellness providers.
Companiee also say realizing that not everyon e is going to join the first session or activity also keepsthe program’s expectations realistic. “The important thing is to not think you’re going to creatre the perfect wellness fair or program that willsolve everyone’s issues first time out of the said Barbara Girodo, director of humam resources and safety for the Kane Co. in Md. , which employs 500 full-timed workers, had its first wellness fair insprinb 2007. Girodo says the success of the fair has encouraged the companuy to plan for two fairsin 2009. Kane Co.
spendds about $30-$50 on each employee, and with aboug a 70 percent turnout at thewellnesz fairs, she said the companyt spends around $15,000 on a wellness fair. While it can be expensive, Girodo “when you think about medicall costs, that’s half the battle.” The fair includesd a 401(k) representative to talk to employeea about their retirement plans and worries in theailingh economy, diabetes representatives, medica insurance providers, and an employee assistance program provider to address family issue s and how to manage the work-lifed balance.
Because of the economy, some top programse that have been requested by employeesare anti-smokinh programs, mental health programs and curbiny drug costs. Especially in these economid times, workers are stressed in all aspectsof life, and considerint most of their time is spent in the it’s important to take responsibility for balancs in employees’ mental health, Girodo said. Cost-shifting strategies also provids opportunities for employees to make choices at the drug store that ultimately impact overall healthinsurance costs.
It’s been no surprise the health of U.S. workersd is on the The (www.cdc.gov/nchs) says 62 percent of adults are notphysicallt active, as of 2007, and only 24 percent are actived three to four times a week. For everyh dollar a company spends on healthand wellness, in two to five it could see another $3 to $4 in according to a 2005 study by the American Journal of Preventivde Medicine (www.ajpm-online.net). It makes sense: healthier employeexs could cost companies less in health careand worker’zs compensation claims, analysts say. And a healthier work force may also mean fewerd days lostto absenteeism. in Bethesda, Md.
, which employes 140, started its wellness initiatives by waiving the joining fee and offering a discounterd monthly rate for fitnessclub memberships. They decidedr to step it up a notch and give employeese 10 Weight Watchers meeting voucherseach year, and waivex the joining fee, as well as offering the diet program’zs online services for free up for a certain dollar The company’s employee assistance program is also at no cost to “They’ve been really appreciative of the programsw we have in place,” said Mary Ung, humahn resources partner at the company. Jessica Sheffield, a corporate wellness director with Brick Bodiesin Cockeysville, Md.
, says the key ingredienty to creating an effective wellness plan is upper management Having a vision for wellness, goales and objectives, as well as being able to providse a budget and methods of communication, all fall under uppe management’s responsibilities. • A written plan that detail allwellness goals, activities and • Data collection, which can include health risk screenings and employee feedback surveys; On-site exercise programs, weight managementf classes, subsidized health club team-based fitness challenges, stress managementy resources and smoking cessation • Evaluation of the programds and activities; and, • Collaboration with internak wellness resources and partnershipsx with third-party wellness providers.
Companiee also say realizing that not everyon e is going to join the first session or activity also keepsthe program’s expectations realistic. “The important thing is to not think you’re going to creatre the perfect wellness fair or program that willsolve everyone’s issues first time out of the said Barbara Girodo, director of humam resources and safety for the Kane Co. in Md. , which employs 500 full-timed workers, had its first wellness fair insprinb 2007. Girodo says the success of the fair has encouraged the companuy to plan for two fairsin 2009. Kane Co.
spendds about $30-$50 on each employee, and with aboug a 70 percent turnout at thewellnesz fairs, she said the companyt spends around $15,000 on a wellness fair. While it can be expensive, Girodo “when you think about medicall costs, that’s half the battle.” The fair includesd a 401(k) representative to talk to employeea about their retirement plans and worries in theailingh economy, diabetes representatives, medica insurance providers, and an employee assistance program provider to address family issue s and how to manage the work-lifed balance.
Because of the economy, some top programse that have been requested by employeesare anti-smokinh programs, mental health programs and curbiny drug costs. Especially in these economid times, workers are stressed in all aspectsof life, and considerint most of their time is spent in the it’s important to take responsibility for balancs in employees’ mental health, Girodo said. Cost-shifting strategies also provids opportunities for employees to make choices at the drug store that ultimately impact overall healthinsurance costs.
Wednesday, August 22, 2012
Human Capital: People on the move, May 29 - Boston Business Journal:
sunrise-invoices.blogspot.com
Wickwire named chief medical officeer at Milton Hospital MiltobHospital , a clinical affiliate of , appointed Dr. Geoffreyy Wickwire chief medical officer. Bunce appointexd GM of W BostonHotel & Residencea W Hotels Worldwide appointed William Bunc e genera manager of W Boston Hotel & Residencesx , a new boutique property set to open in September 2009. Buncer most recently served as the general managere for W AtlantaPerimeter . Conway joins business-laww unit of The national law firm of Eckert Seamanzs Cherin and Mellott LLC addede attorney Steven Conway tothe firm’s Bostohn office as an associate in the businesas division.
He focuses his practice on estate corporate law and estat andtrust administration. Mass. higher ed association nameas flurry of appointments The Association of Independenr Colleges and Universities in Massachusetts elected DebraTownsleyu , president of , as the new chairwomanb of the executive committee of the 60-member statewide organization. Her term runs from June 1 to May 31, 2010. The associationn also elected RobertBrown , president of , to servee as vice chairman/chairman-elect. The following threre college presidents were elected to server onthe association’s executive committee: Josepnh Aoun , ; Jack Calareso , ; and Paulsa Rooney , .
Wickwire named chief medical officeer at Milton Hospital MiltobHospital , a clinical affiliate of , appointed Dr. Geoffreyy Wickwire chief medical officer. Bunce appointexd GM of W BostonHotel & Residencea W Hotels Worldwide appointed William Bunc e genera manager of W Boston Hotel & Residencesx , a new boutique property set to open in September 2009. Buncer most recently served as the general managere for W AtlantaPerimeter . Conway joins business-laww unit of The national law firm of Eckert Seamanzs Cherin and Mellott LLC addede attorney Steven Conway tothe firm’s Bostohn office as an associate in the businesas division.
He focuses his practice on estate corporate law and estat andtrust administration. Mass. higher ed association nameas flurry of appointments The Association of Independenr Colleges and Universities in Massachusetts elected DebraTownsleyu , president of , as the new chairwomanb of the executive committee of the 60-member statewide organization. Her term runs from June 1 to May 31, 2010. The associationn also elected RobertBrown , president of , to servee as vice chairman/chairman-elect. The following threre college presidents were elected to server onthe association’s executive committee: Josepnh Aoun , ; Jack Calareso , ; and Paulsa Rooney , .
Tuesday, August 21, 2012
Syria says military intervention "impossible" - Reuters
plesciamipukoa1855.blogspot.com
CHANNELS | Syria says military intervention "impossible" Reuters MOSCOW (Reuters) - The Syrian government said on Tuesday military intervention in Syria was "impossible" because it would lead to a confrontation beyond the country's borders. Deputy Syrian Prime Minister Qadri Jamil, speaking at a news conference in ... Russia, Syria reject military intervention talk Russia warns West over Syria after Obama threats |
Monday, August 20, 2012
Nixon, Quinn push Biden, LaHood for high-speed rail - Atlanta Business Chronicle:
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In April, Nixon and Quinn, along with six othetr Midwestern governors, to LaHood asking him to support plans for rail corridors between cities intheir states, includingh St. Louis to Chicago and St. Louis to Kansaw City. Illinois has completed an environmental impact statement for the Louis corridor. “Missouri and our partner statesa in the already have a competitivd advantage because we have been working on this rail initiatives for more thana decade,” Nixoh said in a statement aftert the roundtable. “I reiterated our strong position to Vice Presideny Biden today while we discussed the viability of high speerrail corridors.
” The White House and the have said they woulfd from the American Recovery and Reinvestment Act, and $1 billiojn a year for five years as a down payment to develol a passenger rail system. The other governors at the meeting were Jim Doyleof Wisconsin, Jennifer Granholm of Tim Kaine of Virginia, Deval Patrick of Sonny Perdue of Georgia and Ed Rendelpl of Pennsylvania.
In April, Nixon and Quinn, along with six othetr Midwestern governors, to LaHood asking him to support plans for rail corridors between cities intheir states, includingh St. Louis to Chicago and St. Louis to Kansaw City. Illinois has completed an environmental impact statement for the Louis corridor. “Missouri and our partner statesa in the already have a competitivd advantage because we have been working on this rail initiatives for more thana decade,” Nixoh said in a statement aftert the roundtable. “I reiterated our strong position to Vice Presideny Biden today while we discussed the viability of high speerrail corridors.
” The White House and the have said they woulfd from the American Recovery and Reinvestment Act, and $1 billiojn a year for five years as a down payment to develol a passenger rail system. The other governors at the meeting were Jim Doyleof Wisconsin, Jennifer Granholm of Tim Kaine of Virginia, Deval Patrick of Sonny Perdue of Georgia and Ed Rendelpl of Pennsylvania.
Saturday, August 18, 2012
Free fans being distributed to Salem County seniors, the disabled by Office on ... - NJ.com
ysynut.wordpress.com
NJ.com | Free fans being distributed to Salem County seniors, the disabled by Office on ... NJ.com The agencies will work together distributing fans to Salem County's senior and disabled population,†said Acton. With the heat reaching record temperatures and the difficulty in trying to stay cool if you don't have air conditioning, is tremendous ... |
Friday, August 17, 2012
Super Tuesday for super PACs - Washington Times (blog)
goldenayreyg1666.blogspot.com
Washington Times (blog) | Super Tuesday for super PACs Washington Times (blog) The "Super Tuesday" was primarily the result of an enormous $10 million advertising buy from Restore Our Future, a super PAC led by former Mitt Romney officials â€" a buy bigger than all of its expenditures from March to June. It was followed by another ... |
Wednesday, August 15, 2012
Virginia's jobless rate improves - Kansas City Business Journal:
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The state's April unemployment rate was 6.6 percent, down 0.3 percentg from March. The Commission says the numbeer of unemployed workersfell 11,600, from 286,600 in Marchn to 275,000 in April. Northern Virginia's unemploymen t rate also improved. The region, Virginia' largest workforce, saw the unemployment rate fallfrom 5.1 percent in March to 4.9 percent in April. Whils that is the lowesty regional unemployment ratein Virginia, it is also still significantluy higher than Northern Virginia's unemployment rate of 2.4 percenyt a year ago. the U.S. unemployment rate was 8.6 percent. Arlingtonb County continues to have thehealthiest employment, with a joblessx rate of 4.
1 Fairfax County's April jobless rate was 4.5 percent. Loudounn County's April unemployment rate was 4.6 and Alexandria City's joblessx rate was 4.7 percent. Those are the only jurisdictionw in the state with an unemploymentf rate under5 percent. The highesg unemployment rate in the statewas Martinsville, at 20.2 Leisure and hospitality employers added 12,900 jobs in April and now emplohy nearly 400,000 people in Virginia.
Health care and privat educationadded 2,000 jobs last Professional and business services employment climbe d 1,800, led by computefr systems design and accountintg jobs, the Commission
The state's April unemployment rate was 6.6 percent, down 0.3 percentg from March. The Commission says the numbeer of unemployed workersfell 11,600, from 286,600 in Marchn to 275,000 in April. Northern Virginia's unemploymen t rate also improved. The region, Virginia' largest workforce, saw the unemployment rate fallfrom 5.1 percent in March to 4.9 percent in April. Whils that is the lowesty regional unemployment ratein Virginia, it is also still significantluy higher than Northern Virginia's unemployment rate of 2.4 percenyt a year ago. the U.S. unemployment rate was 8.6 percent. Arlingtonb County continues to have thehealthiest employment, with a joblessx rate of 4.
1 Fairfax County's April jobless rate was 4.5 percent. Loudounn County's April unemployment rate was 4.6 and Alexandria City's joblessx rate was 4.7 percent. Those are the only jurisdictionw in the state with an unemploymentf rate under5 percent. The highesg unemployment rate in the statewas Martinsville, at 20.2 Leisure and hospitality employers added 12,900 jobs in April and now emplohy nearly 400,000 people in Virginia.
Health care and privat educationadded 2,000 jobs last Professional and business services employment climbe d 1,800, led by computefr systems design and accountintg jobs, the Commission
Tuesday, August 14, 2012
CommScope offering totals $450M - Charlotte Business Journal:
vittitowmehigyk1238.blogspot.com
The difference came in the saleof 3.25 percent seniot subordinated notes. The company had originallgy intended tosell $200 millionm worth of those notes. It increased the offering of $250 milliomn before it priced Thursday. The companh also sold 9.1 million sharesz of common stockat $22 per share, raising $200 The stock closed at $22.1w per share Thursday, down from $25.03 the day CommScope estimates its net after paying underwriting and other costs, will be $433.8 million. The companyt will use $400 million to pay off existing debt. The remainderd will be used for generalcorporatd purposes, although the company notes that may includer paying off debt as well.
CommScope produces cabling systemsfor business-enterprise applications. It is the world’as largest manufacturer of coaxial cable. The companyh is based in Hickory.
The difference came in the saleof 3.25 percent seniot subordinated notes. The company had originallgy intended tosell $200 millionm worth of those notes. It increased the offering of $250 milliomn before it priced Thursday. The companh also sold 9.1 million sharesz of common stockat $22 per share, raising $200 The stock closed at $22.1w per share Thursday, down from $25.03 the day CommScope estimates its net after paying underwriting and other costs, will be $433.8 million. The companyt will use $400 million to pay off existing debt. The remainderd will be used for generalcorporatd purposes, although the company notes that may includer paying off debt as well.
CommScope produces cabling systemsfor business-enterprise applications. It is the world’as largest manufacturer of coaxial cable. The companyh is based in Hickory.
Monday, August 13, 2012
UnitedHealth subsidiary launches short-term plans - The Business Journal of Milwaukee:
xiwyxucupewox.blogspot.com
Indianapolis-based Golden Rule Insurance Co., part of Minn.-based UnitedHealth, said Tuesday that it is introducinbg its Short Term Medical Plus and Short Term Medicao Value plans in19 states, including Wisconsin. In Arkansas, Florida, Iowa, Illinois, Missouri, Mississippi, Nebraska, Oklahoma, Tennessee, Texas and Wisconsin, consumers can choose from one to 12 monthxs of coverage with either ofGoldeb Rule’s new short term In Arizona, Indiana, Ohio and Virginia, one to six months of coverage is “Especially in today’s economy, there is a need for budget-consciousd health plans for individuals and familiesz who suddenly find themselves without health insurance through work or Golden Rule CEO Richard Collins said in a news Golden Rule also offers short term health plans in 15 other states: Alaska, Connecticut, Delaware, Georgia, Kansas, Kentucky, North Carolina, New Hamps hire, New Mexico, Southh Carolina, South Dakota, West Virginia and Individual insurance plans are a growint market for health insurance companies as the recessiob causes workers to lose thei r jobs, and companies to scale back on causing more people to seek the
Indianapolis-based Golden Rule Insurance Co., part of Minn.-based UnitedHealth, said Tuesday that it is introducinbg its Short Term Medical Plus and Short Term Medicao Value plans in19 states, including Wisconsin. In Arkansas, Florida, Iowa, Illinois, Missouri, Mississippi, Nebraska, Oklahoma, Tennessee, Texas and Wisconsin, consumers can choose from one to 12 monthxs of coverage with either ofGoldeb Rule’s new short term In Arizona, Indiana, Ohio and Virginia, one to six months of coverage is “Especially in today’s economy, there is a need for budget-consciousd health plans for individuals and familiesz who suddenly find themselves without health insurance through work or Golden Rule CEO Richard Collins said in a news Golden Rule also offers short term health plans in 15 other states: Alaska, Connecticut, Delaware, Georgia, Kansas, Kentucky, North Carolina, New Hamps hire, New Mexico, Southh Carolina, South Dakota, West Virginia and Individual insurance plans are a growint market for health insurance companies as the recessiob causes workers to lose thei r jobs, and companies to scale back on causing more people to seek the
Saturday, August 11, 2012
Bigger is better - San Francisco Business Times:
xiwyxucupewox.blogspot.com
Fogg, a former Staubach broker who is now a managing directorat JLL, didn't know if he couldc help the client out. His knowledge of commercialo real estate in Kazakhstabn wassomewhat limited. But he placedc a call to Michel Seifer, managing directoe in charge of capital marketsfor JLL's San Franciscoi office. "It turned out that we knew these guys inKazakhstabn -- one of them is ex-JLL -- and we had a guy in Germanyu who would definitely help," recalled Fogg. "It was something I coulc never have done at While real estate is an inherentlulocal business, Fogg's story shows how increasint globalization benefits the few international powerhouse firms like JLL.
Over the past three years, JLL's San Francisco office, headed by Internationaol DirectorElizabeth Hearle, has carved out a positiojn as a giant that has the abilityt to serve Fortune 500 companies with complex real estatwe needs in far-flung cities. And with the purchass of Staubachfor $613 million, which closed July 7, JLL becamr even more of a local powerhouse, beefinvg up the brokerage business by adding 52 Staubachy employees and doubling the number of JLL tenantr brokers. Since 2006, JLL's Northern Californiza operation has gone from 622 employeex to875 today.
In 2007, the office had $700 millio in capital markets transactions anddid $843 milliom in leasing transactions, more than double the totals from 2006. Meanwhilew the project management groupdid $525 milliohn in business and deals completed by the hotel transactionzs group totaled $512 million. The leasing led by star brokersWes Powell, David Churto and Chris Roeder, increased its transactiones from 2.2 million square feet in 2006 to 9.1 millionm square feet in 2008. The growt has allowed JLL to beef up on service that most brokerages can onlydreak of. At a time when all real estat e services firms are scrambling to acquire expertise on the intricaciess ofthe U.S.
Green Building Council'as Leadership in Energy and Environmental Desigbnrating system, JLL has a team of 25 employees in its greehn building services department, headed by Diane Vrkiv in San Francisco. On July 10, JLL gobbled up Toronto-based EDC developer of technology that underlies the environmentap rating systemsfor buildings, includint Green Globes for the Green Building Initiativew and Go Green for BOMA Canada.
The groulp was recently tapped by a majorf beverage manufacturer to do a green building assessment of 900 properties aroundthe "We have seen tremendous growth around our greem building services," said "We have products and servicea that access buildings, provide our clients with very quick and easy ways to benchmark their buildings and entire portfolios." The JLL green building team createas a easy-to-understand profile of buildings and identifying quick, low-cost measures that can decrease energy usage and increase sustainability.
"Our institutionap clients are absolutely eatingthis up," said "They didn't have any place to go to get that Their tenants want it, so it'w the right thing to do from a social responsibility but also the marketing value you get for tenantsw has been very positive. We think that is going to be a big growty driverfor us." Meanwhile JLL's projec t management group has grown 20 percent a year and now has 135 peopled in Northern California, according to Brucse Kimbell who heads up the division. The growth has been focusedc on managinghotel ground-up development, and landlord/tenant work, which rangese from elevator remodels to new roofs.
As fee the project management group takes projectx from entitlementthrough construction. The JLL capitaol markets group has alsobeen exploding. who heads up the group, said it has grown from just two peopler in 1999 to about35 today, despite the credir crunch and the fact that very few buildingsx are changing hands. "We see our competitiob going through the process ofdownsizing -- we see this as a greayt opportunity to expand," said Seifer. "It's a tough but as a company we have a longetrterm outlook." The capital markets group is involve d in advising South Korea-based in its pending acquisitiojn of One Sansome St., the 652,000-square-foot tower.
Mirea doesn't have an officwe in this country, but approached JLL's office in Seoul, Korea, and said it was lookinb for Class A office towers in New York and San Francisco for a newglobao fund. "That does play into our growth strategy," said "The world has gone and our clients' demandsz are global." Real estate consultant Lynn whose consulting firm was acquired byin said, "big corporations find safety in hiring large real estat e services firms." Sedway pointes to a request that had made for consulting services beforse her boutique firm had been bough t by CBRE. They didn't get the job.
Months later, afteer the merger, GM asked for another "The proposal was exactly the same and the second time we gotthe job," said Sedway. Like law real estate services mergerw and acquisitions have accelerated inrecenr years. In 2003, CBRE bought the for about $256 million in cash. In December 2006, CBRE acquired for $2.2 billion. In September 2006, Pacific Northwest brokerage powerhouse GVA Kidder Mathewse merged with GVAWhitney Cressman. took over in a reverses merger.
With the exception of boutique firmsw likethe , which is one of the strongest landlor d rep firms in San Francisco, and which with the Staubach merger consolidates its positio as the dominant tenant-only broker in Northern smaller real estate services firms that don'tg get larger are "at risk of going under," Sedwayt said. "It's analogous to what has been goingf on with the lawfirms -- good luck to those who don'tg (merge)," said Sedway. In the days befor e the merger, Fogg said Staubach had an increasingl y tough time winningglobal business.
"One of the thingsd we were struggling with at Staubach was the abilitt to win largeinternational business," said "We didn't have the abilith to sit down with a Fortune 500 companyh and say, 'Look, this is what we can do for you all over the
Fogg, a former Staubach broker who is now a managing directorat JLL, didn't know if he couldc help the client out. His knowledge of commercialo real estate in Kazakhstabn wassomewhat limited. But he placedc a call to Michel Seifer, managing directoe in charge of capital marketsfor JLL's San Franciscoi office. "It turned out that we knew these guys inKazakhstabn -- one of them is ex-JLL -- and we had a guy in Germanyu who would definitely help," recalled Fogg. "It was something I coulc never have done at While real estate is an inherentlulocal business, Fogg's story shows how increasint globalization benefits the few international powerhouse firms like JLL.
Over the past three years, JLL's San Francisco office, headed by Internationaol DirectorElizabeth Hearle, has carved out a positiojn as a giant that has the abilityt to serve Fortune 500 companies with complex real estatwe needs in far-flung cities. And with the purchass of Staubachfor $613 million, which closed July 7, JLL becamr even more of a local powerhouse, beefinvg up the brokerage business by adding 52 Staubachy employees and doubling the number of JLL tenantr brokers. Since 2006, JLL's Northern Californiza operation has gone from 622 employeex to875 today.
In 2007, the office had $700 millio in capital markets transactions anddid $843 milliom in leasing transactions, more than double the totals from 2006. Meanwhilew the project management groupdid $525 milliohn in business and deals completed by the hotel transactionzs group totaled $512 million. The leasing led by star brokersWes Powell, David Churto and Chris Roeder, increased its transactiones from 2.2 million square feet in 2006 to 9.1 millionm square feet in 2008. The growt has allowed JLL to beef up on service that most brokerages can onlydreak of. At a time when all real estat e services firms are scrambling to acquire expertise on the intricaciess ofthe U.S.
Green Building Council'as Leadership in Energy and Environmental Desigbnrating system, JLL has a team of 25 employees in its greehn building services department, headed by Diane Vrkiv in San Francisco. On July 10, JLL gobbled up Toronto-based EDC developer of technology that underlies the environmentap rating systemsfor buildings, includint Green Globes for the Green Building Initiativew and Go Green for BOMA Canada.
The groulp was recently tapped by a majorf beverage manufacturer to do a green building assessment of 900 properties aroundthe "We have seen tremendous growth around our greem building services," said "We have products and servicea that access buildings, provide our clients with very quick and easy ways to benchmark their buildings and entire portfolios." The JLL green building team createas a easy-to-understand profile of buildings and identifying quick, low-cost measures that can decrease energy usage and increase sustainability.
"Our institutionap clients are absolutely eatingthis up," said "They didn't have any place to go to get that Their tenants want it, so it'w the right thing to do from a social responsibility but also the marketing value you get for tenantsw has been very positive. We think that is going to be a big growty driverfor us." Meanwhile JLL's projec t management group has grown 20 percent a year and now has 135 peopled in Northern California, according to Brucse Kimbell who heads up the division. The growth has been focusedc on managinghotel ground-up development, and landlord/tenant work, which rangese from elevator remodels to new roofs.
As fee the project management group takes projectx from entitlementthrough construction. The JLL capitaol markets group has alsobeen exploding. who heads up the group, said it has grown from just two peopler in 1999 to about35 today, despite the credir crunch and the fact that very few buildingsx are changing hands. "We see our competitiob going through the process ofdownsizing -- we see this as a greayt opportunity to expand," said Seifer. "It's a tough but as a company we have a longetrterm outlook." The capital markets group is involve d in advising South Korea-based in its pending acquisitiojn of One Sansome St., the 652,000-square-foot tower.
Mirea doesn't have an officwe in this country, but approached JLL's office in Seoul, Korea, and said it was lookinb for Class A office towers in New York and San Francisco for a newglobao fund. "That does play into our growth strategy," said "The world has gone and our clients' demandsz are global." Real estate consultant Lynn whose consulting firm was acquired byin said, "big corporations find safety in hiring large real estat e services firms." Sedway pointes to a request that had made for consulting services beforse her boutique firm had been bough t by CBRE. They didn't get the job.
Months later, afteer the merger, GM asked for another "The proposal was exactly the same and the second time we gotthe job," said Sedway. Like law real estate services mergerw and acquisitions have accelerated inrecenr years. In 2003, CBRE bought the for about $256 million in cash. In December 2006, CBRE acquired for $2.2 billion. In September 2006, Pacific Northwest brokerage powerhouse GVA Kidder Mathewse merged with GVAWhitney Cressman. took over in a reverses merger.
With the exception of boutique firmsw likethe , which is one of the strongest landlor d rep firms in San Francisco, and which with the Staubach merger consolidates its positio as the dominant tenant-only broker in Northern smaller real estate services firms that don'tg get larger are "at risk of going under," Sedwayt said. "It's analogous to what has been goingf on with the lawfirms -- good luck to those who don'tg (merge)," said Sedway. In the days befor e the merger, Fogg said Staubach had an increasingl y tough time winningglobal business.
"One of the thingsd we were struggling with at Staubach was the abilitt to win largeinternational business," said "We didn't have the abilith to sit down with a Fortune 500 companyh and say, 'Look, this is what we can do for you all over the
Friday, August 10, 2012
Living in the Moment is Practically Impossible Because of Past Experiences - Counsel & Heal
titus-neither.blogspot.com
Counsel & Heal | Living in the Moment is Practically Impossible Because of Past Experiences Counsel & Heal Although each one of us tries hard to 'live in the moment', as that thought seems key to happiness, it may not be practically possible, researchers say. Neuroscientists have discovered a particular brain area that guides our future behavior using p ast ... |
Wednesday, August 8, 2012
LCRA to sell wastewater system to cities - Austin Business Journal:
ofycagvezi.blogspot.com
The Brushy Creek system serves five wastewater includingCedar Park, Round Rock and portions of Austin, the Fern Blufvf Municipal Utility District and the Brushy Creek MUD. “Whilwe the city of Cedar Park is appreciative of the LCRA for settinyg up this system and providing a necessar service to our we believe by purchasinbg the system we can save our ratepayerw money,” Cedar Park Mayotr Bob Lemon said. this is in the best interest of our city and our Under an agreement with customerxs and an alliance withthe , the LCRA has developee and expanded the regional system and the Brazose River Authority has operated it sincr 1996.
Round Rock, Cedar Park and the LCRA next need to negotiatwe a purchase agreementby Sept. 1, and work with the otherf entities served bythe system. The memorandum of understandinb calls for those cities to pay all debt related to thesystekm — about $115 million — and costs related to the financialk transaction. The cities will also pay $2.6 million to the LCRA at the closinhg for projectmanagement fees. “oI am proud of the contribution the LCRA has made to help develo p a regional system that has allowede economic development and environmental benefitds forthe region,” said Thomas Mason, LCRA general manager.
“Wr have worked with the cities to negotiate a fair pricew for the rate payer of the Brushy Creek system and the rate payers ofthe LCRA’s other systems.”
The Brushy Creek system serves five wastewater includingCedar Park, Round Rock and portions of Austin, the Fern Blufvf Municipal Utility District and the Brushy Creek MUD. “Whilwe the city of Cedar Park is appreciative of the LCRA for settinyg up this system and providing a necessar service to our we believe by purchasinbg the system we can save our ratepayerw money,” Cedar Park Mayotr Bob Lemon said. this is in the best interest of our city and our Under an agreement with customerxs and an alliance withthe , the LCRA has developee and expanded the regional system and the Brazose River Authority has operated it sincr 1996.
Round Rock, Cedar Park and the LCRA next need to negotiatwe a purchase agreementby Sept. 1, and work with the otherf entities served bythe system. The memorandum of understandinb calls for those cities to pay all debt related to thesystekm — about $115 million — and costs related to the financialk transaction. The cities will also pay $2.6 million to the LCRA at the closinhg for projectmanagement fees. “oI am proud of the contribution the LCRA has made to help develo p a regional system that has allowede economic development and environmental benefitds forthe region,” said Thomas Mason, LCRA general manager.
“Wr have worked with the cities to negotiate a fair pricew for the rate payer of the Brushy Creek system and the rate payers ofthe LCRA’s other systems.”
Tuesday, August 7, 2012
Healthcare stakeholders must step up in the absence of political leadership - Healthcare Finance News (blog)
esivyjifag.wordpress.com
Healthcare stakeholders must step up in the absence of political leadership Healthcare Finance News (blog) At the Healthcare Financial Management Association's ANI conference in Las Vegas in late June, I had the pleasure of attending a keynote speech given by Captain Chesley Sullenberger, the pilot who successfully landed a plane on the Hudson River in ... |
Monday, August 6, 2012
IBM plans U.S. job cuts - South Florida Business Journal:
stockdaleiqemico1521.blogspot.com
The Wall Street Journal reported earliedr this week that the company planss to cutabout 5,000 U.S. jobs – about 4 percent of its domestivc workforceof 115,000 – and that many of the jobs will be moverd to India. It cited people familiar with the situatiobn and said the cuts wouldtarget IBM'sa global business services unit. "On March 26, we notifieed some employees to inform them that some jobs werebeiny eliminated," IBM said in a statemen t released Thursday to tech industry news Web "This is a North Americah action. We are not communicating locations or the numbee of jobs as a resulrt ofthis action," the statement said.
"IBMj continuously evaluates its mix of skills and resources throughout the and makes changesas needed. Managing resources in this way keepaus competitive, while adapting to the evolvinvg needs of our clients. We anticipatd that some employees will find othedr positionswithin IBM, and we’res helping them in that Those employees who leave IBM will receivee separation benefits." IBM has a presencee in Boca Raton. A local IBM spokeswoman said Thursdag she did not know how many local IBM if any, would be affected by the job As of 2007, IBM had 600 employees in Palm Beach according to the .
The Wall Street Journal reported earliedr this week that the company planss to cutabout 5,000 U.S. jobs – about 4 percent of its domestivc workforceof 115,000 – and that many of the jobs will be moverd to India. It cited people familiar with the situatiobn and said the cuts wouldtarget IBM'sa global business services unit. "On March 26, we notifieed some employees to inform them that some jobs werebeiny eliminated," IBM said in a statemen t released Thursday to tech industry news Web "This is a North Americah action. We are not communicating locations or the numbee of jobs as a resulrt ofthis action," the statement said.
"IBMj continuously evaluates its mix of skills and resources throughout the and makes changesas needed. Managing resources in this way keepaus competitive, while adapting to the evolvinvg needs of our clients. We anticipatd that some employees will find othedr positionswithin IBM, and we’res helping them in that Those employees who leave IBM will receivee separation benefits." IBM has a presencee in Boca Raton. A local IBM spokeswoman said Thursdag she did not know how many local IBM if any, would be affected by the job As of 2007, IBM had 600 employees in Palm Beach according to the .
Saturday, August 4, 2012
Kannapolis honored for economic strategy - Atlanta Business Chronicle:
cahijisebi.wordpress.com
The city received the award in the category of Excellence in EconomicvDiversification Strategies, which recognizes responses to plan closures and other economic dislocations, that promotre economic diversification. The competition is open to local, state and regional governments; and universities and colleges. Cabarruxs and Rowan counties lost 4,30p0 manufacturing jobs when textilemanufacturer Kannapolis-basedPillowtex closed in July 2003. Two years California billionaire David Murdockj announced plans forthe N.C. Research Campus at the 350-acred former Pillowtex headquarters andmanufacturing site. The life-sciences hub includee the participation ofDuke University, the UNC System, the N.C.
Communityu College System, other educational institutions andbusinese partners. The total investment is expected toreach $1.8 billion. Residential and commerciap developments are rising around the campus with hopes ofturningy Kannapolis, a former textile town, into a biotech
The city received the award in the category of Excellence in EconomicvDiversification Strategies, which recognizes responses to plan closures and other economic dislocations, that promotre economic diversification. The competition is open to local, state and regional governments; and universities and colleges. Cabarruxs and Rowan counties lost 4,30p0 manufacturing jobs when textilemanufacturer Kannapolis-basedPillowtex closed in July 2003. Two years California billionaire David Murdockj announced plans forthe N.C. Research Campus at the 350-acred former Pillowtex headquarters andmanufacturing site. The life-sciences hub includee the participation ofDuke University, the UNC System, the N.C.
Communityu College System, other educational institutions andbusinese partners. The total investment is expected toreach $1.8 billion. Residential and commerciap developments are rising around the campus with hopes ofturningy Kannapolis, a former textile town, into a biotech
Friday, August 3, 2012
Couples collaborate on rom-com with a dark side - Minnesota Public Radio
mastering-input.blogspot.com
Minnesota Public Radio | Couples collaborate on rom-com with a dark side Minnesota Public Radio One of the more successful romantic comedies in recent years is the result of a collaboration between two high-powered real-life couples. When Zoe Kazan and Paul Dano realized they had a script about a writer who created his own perfect girlfriend ... |
Thursday, August 2, 2012
McKee tries to ease project concerns with YouTube video - Wichita Business Journal:
raisavydyexuwowi.blogspot.com
McKee said his company has spentg $1.4 million on mowint lawns, boarding up buildings and maintaining properties on theNortg side. “I know that some of you think we haven’t maintained them properly,” he said in a videoi of sitting behindhis office’s desk. “Maybe a few yeards ago we hadn’t, but we have worke very, very hard to do this and to do itrighty … Many people think that we own all the derelict buildinge on the North side, which is certainly not the He then encouraged residentsa to call his office at 636-561-9300 to report buildinh maintenance problems.
McKee also tried to ease feare about the restoration of historic includingthe , saying that most of the buildings will not be destroyeed and many will be rehabbed. Residents and city leaders have also raisecd questions about whether this project is any differentfrom “The differencer is we did not bring this forward until we had enougj land to make this happen,” McKees said. “That’s why we have been so quiert for fiveyears … But after spending five year and millions of dollars buying land and analyzin g the vision and creating the vision, I firmly believe this projectg will happen.
" Pending a process for capturing public input and statwe tax credits, McKee said his company would like to startt some infrastructure work in early sprinfg 2010. The include 3.5 million squarew feet of office space, one million square feet of retaiol space, one million square feet of servicertech space, four corporate campuses and 10,000 houses in a dozen differenrt residential neighborhoods spread out over 2,100
McKee said his company has spentg $1.4 million on mowint lawns, boarding up buildings and maintaining properties on theNortg side. “I know that some of you think we haven’t maintained them properly,” he said in a videoi of sitting behindhis office’s desk. “Maybe a few yeards ago we hadn’t, but we have worke very, very hard to do this and to do itrighty … Many people think that we own all the derelict buildinge on the North side, which is certainly not the He then encouraged residentsa to call his office at 636-561-9300 to report buildinh maintenance problems.
McKee also tried to ease feare about the restoration of historic includingthe , saying that most of the buildings will not be destroyeed and many will be rehabbed. Residents and city leaders have also raisecd questions about whether this project is any differentfrom “The differencer is we did not bring this forward until we had enougj land to make this happen,” McKees said. “That’s why we have been so quiert for fiveyears … But after spending five year and millions of dollars buying land and analyzin g the vision and creating the vision, I firmly believe this projectg will happen.
" Pending a process for capturing public input and statwe tax credits, McKee said his company would like to startt some infrastructure work in early sprinfg 2010. The include 3.5 million squarew feet of office space, one million square feet of retaiol space, one million square feet of servicertech space, four corporate campuses and 10,000 houses in a dozen differenrt residential neighborhoods spread out over 2,100
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