Monday, February 28, 2011

Economists say fighting inflation crucial - UPI.com

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Economists say fighting inflation crucial

UPI.com


BEIJING, Feb. 28 (UPI) -- Price rises in China will remain a challenge for several years as the government battles inflationary pressures, economists said. "The biggest challenge for China during the period of the 12th Five-Year Plan (2011-2015) will ...



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Friday, February 25, 2011

Lorillard, R.J. Reynolds Lawsuit to Block FDA Menthol Report Is Act of Panic - PR Newswire (press release)

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Lorillard, R.J. Reynolds Lawsuit to Block FDA Menthol Report Is Act of Panic

PR Newswire (press release)


Lorillard and RJ Reynolds have acted out of panic. They fear that the committee, having examined the evidence, will recommend effective actions that reduce or eliminate the lucrative market for menthol cigarettes. Once again, they are putting profits ...



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Wednesday, February 23, 2011

MathStar receives tender offer - Portland Business Journal:

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The offer represents a 6.48 percent premium over Friday’sa closing price. Shares were up 6 percen t in early afternoon tradingto $1.14, suggesting that some investorsw think a deal will If successful, Tiberius could pursuer several strategies, including liquidation, according to a news The company would also consider restartin g the business, merging it with a repurchasing shares and selling some of the company’w technology. Hillsboro-based MathStar (Pink Sheets: has been the subject of intense speculation inrecenf weeks. The company shut down operation ayear ago.
Since then, the company has facedr increasing pressure from shareholders to As reportedin Friday’s print edition of the Businessd Journal, Dallas-based investor Joe Gensor said the fabless semiconductod company has accepted his request to hold a vote on but has yet to call a meeting. As of Marcg 31, the company had little outstanding $14 million in cash, a net operating loss of $48 and one full-time employee — CEO and Chairman Doug The company's cash balance represents $1.61 per share, accordinvg to Salvatore Muoio, an investment fund manager in New York whoowns 7.35 percenr of the company’s outstanding Burnsville, Minn.-based .
, a makeer of building performance software, has made three attemptse to purchase the company. Its latest offer, in May, was for $1.04e per share. MathStar, in a May 18 filingh with the Securities andExchange Commission, rejected the thirf offer from PureChoice, saying it was less than MathStar’s liquidatioj value. MathStar was once a developef of a promising programmable semiconductor technology that drew interesrfrom high-profile customers such as LG Electronicd USA and Arrow Electronicds Inc. Chicago-based Tiberius Capital described itself in a press release asa “value-opportunity fund.
” If successful, it woulcd spend the remainder of 2009 decidingy which course of action to take with The offer expires one minute after New York City time, on June 30.

Sunday, February 20, 2011

WLOX-TV and WLOX.com - The News for South MississippiSt. Andrews community ... - WLOX

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WLOX-TV and WLOX.com - The News for South MississippiSt. Andrews community ...

WLOX


JACKSON COUNTY, MS (WLOX) - Hurricane Katrina's impact is still being felt in Jackson County's St. Andrews community. Folks who live there said they're tired of seeing slabs and overgrown weeds. ...



Friday, February 18, 2011

HELLENIC LEAGUE: 'Marine job's a dream, but not right time for me,' says Webb - Swindon Advertiser

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HELLENIC LEAGUE: 'Marine job's a dream, but not right time for me,' says Webb

Swindon Advertiser


Mark Collier's resignation on Wednesday night has opened up the top role at Swindon's leading non-league club and as the manager of the town's premier Hellenic League outfit, Webb would naturally like to test his nous at a higher level. ...



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Tuesday, February 15, 2011

Collier limits new superintendent salary to $200000 - Naples Daily News

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Collier limits new superintendent salary to $200000

Naples Daily News


Collier County's new superintendent will make less than his or her predecessor and less than a professional search firm recommended. The Collier County School Board voted 3 to 2 on Tuesday evening to set the superintendent's salary ...



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Sunday, February 13, 2011

Survey: Texas cautious on M&A - Houston Business Journal:

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According to a mid-year surveh of middle market investment privateequity professionals, attorneys and accountants working on M&q deals in the Lone Star State, 45 percent expecr activity to increase in the third and fourth quarters, whiles 47 percent expect business to remain the The survey, released Wednesday, is sponsored by the and . The biggesr obstacle to deal-making, according to the is the gap betweenb buyersand sellers.
Thirty-six percent of respondents said sellersz were unwilling to do a deal at the multiplesbeing offered, while 22 percent said uncertainty over the evolving political and tax environmentr was another roadblock, up from four percent in the previouzs survey in December. Because of the effects of the more than half of the respondents said they expectec distressed deals to make up a significan portionof M&A transactions. What’s more, 63 percenft of private equity respondents said they were actively pursuinb distressed company acquisitions as part of an existing or newladopted strategy.
“Though the Texas econom is one ofthe best, given all that has happened over the past nine monthzs it’s not surprising to see a softe r M&A market in Texas. That many Texas M&A professionals are creatively workinfg to add value to existing saidJeffrey Sangalis, managing partnee with and president of ACG Houston. According to Thomson Reuters, the volume of worldwidde M&A deals was $480 billiob in the first quartefrof 2009, down 28 percent from the year-earliedr period. Middle market deals unded $500 million were particularly affected, dipping by 48 percentg to $98 billion — the first quarterlhy period under $100 billion sincd 1996.