http://www.skxksoftware.com/catalog/office-computer-order-209-94513/
Those odds may seem low, but they’res actually high since double-dip recessions are rare and the U.S. economyg grows 95 percent of the time, said the chamber’zs Marty Regalia. He predicts the current economic downturn will endaroundc September, but the unemploymenf rate will remain high througb the first half of next year. Investmenft won’t snap back as quickly as it usually does afte ra recession, Regalia said. Inflation, however, looms as a potential problem because of thefederal government’s huge budget deficits and the massivee amount of dollars pumped into the economy by the Federao Reserve, he said.
If this stimulus is not unwoundc once the economy begins to higher interest rates could choke off improvemenrt in the housing market andbusiness investment, he “The economy has got to be running on its own by the middlde of next year,” Regalia said. Almosgt every major inflationary periodin U.S. historh was preceded by heavy debt levels, he The chances of a double-di recession will be lower if Ben Bernanke is reappointedr chairman of theFederal Reserve, Regalia If President Barack Obama appoints his economiv adviser Larry Summers to chair the Fed, that would signa l the monetary spigot would remain open for a longer he said.
A coalescing of the Fed and the Obamaq administrationis “not something the markets want to see,” Regaliaa said. Obama has declined to say whetheer he willreappoint Bernanke, whose term ends in February. Meanwhile, more than half of smalkl business owners expect the recession to last at leasyt anothertwo years, according to a survehy of Intuit Payroll customers. But 61 percentr expect their own business to grow in the next12 “Small business owners are bullish on their own abilities, but bearish on the factorss they can’t control,” said Cameron director of marketing for Intuit Employee Management “Even in the gloomiest economy there are opportunities to A separate survey of small busines owners by Discover Financial Servicesa found that 57 percent though t the economy was getting worse, while 26 percenr thought the economy was More than half planned to decrease spending on businessa development in the next six
среда, 29 февраля 2012 г.
воскресенье, 26 февраля 2012 г.
3Q hiring fair, Manpower survey says - Business First of Buffalo:
http://passionforsound.com/Dj-Equipment/Dj-Cd-Player/
From July to September, 13 percent of the companies interviewed plan to add while 11 percent expect to reducetheir payrolls. Anothedr 67 percent of employers expect to maintain current staftf levels and 9 percent are not certaijn of theirhiring plans. “Thed hiring activity is expected to be slightly lighte r than the previous quarter when 18 percent of companies surveyed planned to increase staff levels and 14 percentg expected tocut payrolls,” said a statemeny from Manpower spokesperson Kelly Scott.
Job prospects for the summer months appear best in wholesale andretail trade, information, professional and businessa services, leisure and hospitality and Manpower surveyed the more than 28,000 employersz in the U.S., 15 percenft expect to increase their staff levels durinv the July – September while 13 percent expect to reducer their payrolls, resulting in a net employmenyt outlook of 2 percent. Sixty-seven percent expect no changesin hiring, and 5 percent are undecider about third-quarter hiring plans.
From July to September, 13 percent of the companies interviewed plan to add while 11 percent expect to reducetheir payrolls. Anothedr 67 percent of employers expect to maintain current staftf levels and 9 percent are not certaijn of theirhiring plans. “Thed hiring activity is expected to be slightly lighte r than the previous quarter when 18 percent of companies surveyed planned to increase staff levels and 14 percentg expected tocut payrolls,” said a statemeny from Manpower spokesperson Kelly Scott.
Job prospects for the summer months appear best in wholesale andretail trade, information, professional and businessa services, leisure and hospitality and Manpower surveyed the more than 28,000 employersz in the U.S., 15 percenft expect to increase their staff levels durinv the July – September while 13 percent expect to reducer their payrolls, resulting in a net employmenyt outlook of 2 percent. Sixty-seven percent expect no changesin hiring, and 5 percent are undecider about third-quarter hiring plans.
пятница, 24 февраля 2012 г.
среда, 22 февраля 2012 г.
Despite end of IPO drought, U.S. venture-backed liquidity market at 6-year low - Atlanta Business Chronicle:
exceeding-commissioner.blogspot.com
Overall venture-backed liquidity fell 57 percentfrom $6.4i8 billion in the second quarter of 2008 to $2.8 billion in the most recent quarter, the report said. Venture capitalistw generated $2.57 billion through mergers or acquisitions of 67 portfolio companies in theseconxd quarter, a 60 percent decline from the $6.4u8 billion raised via 89 M&As in the same quartedr in 2008 and the lowest quarterly M&A deal total since 1999. Three venture-backed companiea made public-market debuts in late May and June, raisinfg a total of $232 million. In the priof 13 months, only one otherf VC-backed company completed an IPO, in Augusty 2008.
The two largest M&As of the quarter belonged to San Jose-basedr (NASDAQ: CSCO), which bought San Francisco-based , a make of digital camcorders, for $590 million and Palo Calif.-based , a maker of workload managementg software, for $105 million. According to VentureSource, the overall media n amount paid fora venture-backed company in the seconde quarter of 2009 was just shy of $22 milliom -- a 46 percent drop from the nearlg $41 million median paid during the same periodc in 2008. The data showed prior to achieving liquidity via a merger or acquisitiob in thesecond quarter, companies raised a median of $16.34 million in venture capital, 30 percent less than the $23.
4-million median seen during the same periox last year. In addition, the medianh amount of time it took to reacn liquidityvia M&A was 4.5 25 percent less time than the 6-year median in the secondr quarter of 2008. The largest IPO belonged to SolarWindsof Austin, Texas, whichy raised $113 million in its May IPO. The company makesw network and performance managemen tools forthe enterprise.
Overall venture-backed liquidity fell 57 percentfrom $6.4i8 billion in the second quarter of 2008 to $2.8 billion in the most recent quarter, the report said. Venture capitalistw generated $2.57 billion through mergers or acquisitions of 67 portfolio companies in theseconxd quarter, a 60 percent decline from the $6.4u8 billion raised via 89 M&As in the same quartedr in 2008 and the lowest quarterly M&A deal total since 1999. Three venture-backed companiea made public-market debuts in late May and June, raisinfg a total of $232 million. In the priof 13 months, only one otherf VC-backed company completed an IPO, in Augusty 2008.
The two largest M&As of the quarter belonged to San Jose-basedr (NASDAQ: CSCO), which bought San Francisco-based , a make of digital camcorders, for $590 million and Palo Calif.-based , a maker of workload managementg software, for $105 million. According to VentureSource, the overall media n amount paid fora venture-backed company in the seconde quarter of 2009 was just shy of $22 milliom -- a 46 percent drop from the nearlg $41 million median paid during the same periodc in 2008. The data showed prior to achieving liquidity via a merger or acquisitiob in thesecond quarter, companies raised a median of $16.34 million in venture capital, 30 percent less than the $23.
4-million median seen during the same periox last year. In addition, the medianh amount of time it took to reacn liquidityvia M&A was 4.5 25 percent less time than the 6-year median in the secondr quarter of 2008. The largest IPO belonged to SolarWindsof Austin, Texas, whichy raised $113 million in its May IPO. The company makesw network and performance managemen tools forthe enterprise.
понедельник, 20 февраля 2012 г.
SEC: N.Y. investment firm misled S. Fla. seniors - South Florida Business Journal:
ramsdenjerrieas54.blogspot.com
"They used free lunchese as the low-tech bait for their high-scale said Robert Khuzami, director of the SEC's Divisionb of Enforcement. The SEC alleges elderlyu and retired investors were lured into purchasing highlt unsuitable variable annuities with lucrativew sales commissions while ignoring the financial goalssof victims. The SEC alleges that Eric J. Brownb of Highland Beach, Matthew J. Collinsd of Boynton Beach, Kevin J. Walsh of Viera, and Mark W. Wellws of Boca Raton, were among thosre offering and sellingthe annuities. It’s alleged that the firm and its representativee earned millions of dollars insalesz commissions.
PCS is a registered broker-dealer and wholly-owned subsidiarh of Gilman Ciocia, an income tax preparation busineszs headquartered in Poughkeepsie that offers financial services inNew York, New Pennsylvania and Florida. Robertr Heim, a NewYork attorney who representsPrime Capital, Gilmab Ciocia, and several of the including Collins and Wells, said the conducty at issue in the complaint is "very and occurred in the late 1990s and early 2000. He said the companyh reached a settlement withthe (FINRA), when it was callexd the (NASD).
As part of that the company implementedsome wide-ranging updates to its supervisorgy and compliance systems in 2005, Heim He added that he didn't know why the SEC was goingg over the same "All of these issues were addresseed years ago and we feel the company's response has been he said. While Brown and Walshu have since left, Collins and Wellsz are still withthe company, he said. An administrative law judge will determine whether the allegations againsr the respondents aretrue and, if so, whether they shouldf be ordered to cease and desist from future
"They used free lunchese as the low-tech bait for their high-scale said Robert Khuzami, director of the SEC's Divisionb of Enforcement. The SEC alleges elderlyu and retired investors were lured into purchasing highlt unsuitable variable annuities with lucrativew sales commissions while ignoring the financial goalssof victims. The SEC alleges that Eric J. Brownb of Highland Beach, Matthew J. Collinsd of Boynton Beach, Kevin J. Walsh of Viera, and Mark W. Wellws of Boca Raton, were among thosre offering and sellingthe annuities. It’s alleged that the firm and its representativee earned millions of dollars insalesz commissions.
PCS is a registered broker-dealer and wholly-owned subsidiarh of Gilman Ciocia, an income tax preparation busineszs headquartered in Poughkeepsie that offers financial services inNew York, New Pennsylvania and Florida. Robertr Heim, a NewYork attorney who representsPrime Capital, Gilmab Ciocia, and several of the including Collins and Wells, said the conducty at issue in the complaint is "very and occurred in the late 1990s and early 2000. He said the companyh reached a settlement withthe (FINRA), when it was callexd the (NASD).
As part of that the company implementedsome wide-ranging updates to its supervisorgy and compliance systems in 2005, Heim He added that he didn't know why the SEC was goingg over the same "All of these issues were addresseed years ago and we feel the company's response has been he said. While Brown and Walshu have since left, Collins and Wellsz are still withthe company, he said. An administrative law judge will determine whether the allegations againsr the respondents aretrue and, if so, whether they shouldf be ordered to cease and desist from future
суббота, 18 февраля 2012 г.
Cincinnati, Hamilton Co. propose 10 for Port Authority board - Business First of Buffalo:
asafevboriegum.blogspot.com
The two presented a slate of board memberzto include: Otto Budig Jr., presidentf of Budco Group Inc.; Tom Williams, president and CEO of Nortbh American Properties; Lydia Jacobs-Horn, global facilities and real estate, Procter Gamble Co.; Marty Dunn, a partnert with the law firm Dinsmore & Joe Zimmer, executive Greater Cincinnati Building & Construction Tradesz Council; Clark Handy, senior vice president, human resources, Convergys Corp.; Lynn Marmer, grouo vice president for corporate affairs, Krogert Co.
; Richard Greiwe, Greiwe Development Group; Shane Wright, vice presidentt and chief financial officer, GE Aviation; and Kare n McShea, managing director, Americas Caribbean, Colliers International. The Port Authority’s powers were expanded in August 2008 to include the abilitgy to levya one-mill tax subject to voters’ the ability to own property and the power of eminent subject to approval by the city and county.
“The new structurs will allow the Port to be a much more aggressivr tool in our efforts to expand our local economty andcreate jobs,” Mallory said in a news The city and county are expected to vote on the slatew during their meeting June 17, according to the
The two presented a slate of board memberzto include: Otto Budig Jr., presidentf of Budco Group Inc.; Tom Williams, president and CEO of Nortbh American Properties; Lydia Jacobs-Horn, global facilities and real estate, Procter Gamble Co.; Marty Dunn, a partnert with the law firm Dinsmore & Joe Zimmer, executive Greater Cincinnati Building & Construction Tradesz Council; Clark Handy, senior vice president, human resources, Convergys Corp.; Lynn Marmer, grouo vice president for corporate affairs, Krogert Co.
; Richard Greiwe, Greiwe Development Group; Shane Wright, vice presidentt and chief financial officer, GE Aviation; and Kare n McShea, managing director, Americas Caribbean, Colliers International. The Port Authority’s powers were expanded in August 2008 to include the abilitgy to levya one-mill tax subject to voters’ the ability to own property and the power of eminent subject to approval by the city and county.
“The new structurs will allow the Port to be a much more aggressivr tool in our efforts to expand our local economty andcreate jobs,” Mallory said in a news The city and county are expected to vote on the slatew during their meeting June 17, according to the
четверг, 16 февраля 2012 г.
Nardin remains No.1 among high schools - Memphis Business Journal:
lehoquvuhu.wordpress.com
“There’s always the question of what peoples would think if we did drop says Reeder, who is Nardin’s “But that’s not our main focus. It can’g be. We go beyoned looking at test results. We want to make certain our studentsd receivea well-rounded education.” That strategy has paid off agaibn this year, as Nardin once again rankas No. 1 among Western New York’s high schools. The all-girlzs Catholic school has finished first for eight consecutiv eyears -- among private schools from 2002 to and on the combine d list ever since. for the complete high schoolo rankings.
And for separate ranking for each section of Western New Williamsville East High Schoolis No. 2 in the 2009 just as it was ayear ago. Neighboring Williamsvillre North High School holds third placdethis time, up from fifth in 2008. Business First analyzeds 131 high schools inthe eight-countyh region, using four years of data from the New York Statde Education Department. The formula weighexd each school’s Regents diploma rate, as well as its scoreas on a wide array ofRegentas exams. Nardin emerged as the cleatr leader. Ninety-nine percent of its 2008 graduates earned Regentes diplomas withadvanced designations, which are awardedx to seniors who pass eight Regentw exams.
No other high school in the regionn did better than85 percent. Reeder says her goal is to push Nardin’ws advanced diploma rate one point higher to100 “We haven’t done it, but it continues to be something that we shoot for,” she says. “Wew always try to challenge our and this is definitely one way to do Williamsville East climbed to seconcd place in2008 -- its best finish ever -- and remainxs there this year. It’ws one of three Western New York high schools wherre morethan two-thirds of students postex superior scores (85 or better) on Regents exams in English, math, globall history and U.S.
(Nardin and Buffalo Academy of the Sacredx Heart arethe others.) “When you’ve done as well as we some people might think there’s no more room for says Neal Miller, Williamsville East’s principal. “But we’vs never thought that. Every year, we talk aboutg ways that we canget better.” The leadef outside of Erie County is Notre Dame High which ranks seventh overall. The Bataviz school, which has an enrollment of 172, draw s students from six counties. Some live as far away as Brockporytand Warsaw. “There’s no secret,” says Josepu Scanlan, Notre Dame’s principal. “We’rwe basically old school.
We expect all of our kids to do Does thatalways happen? No, but it doesn’t mean that we let up.” Twenty-eighrt high schools are winners of subjecf awards, putting them among the top 10 percentg in English/foreign languages, math, science or sociap studies. for complete lists of subject award Nardin, Williamsville East and Williamsviller North are the only schoolsw to sweep all foursubject awards, whild 12 institutions are honored in a single Principal Kevin Ryan credits longer class periods with helping Aldenn Senior High School win its sole subject award in “In both biology and earthb science, we have an 80-minutr class every day along with an 80-minute lab everg other day,” he says.
“That gives us some reallu solid, concentrated time on science, which has had positivs results.” Private schools are not required to administer Regents exams, and Buffalo Seminary, Canisius High School, Nicholsx School and Park Schoolk of Buffalo are among those that don’t. They have been excludecd from theacademic rankings, since Business Firstg lacks the necessary data to generate objective
“There’s always the question of what peoples would think if we did drop says Reeder, who is Nardin’s “But that’s not our main focus. It can’g be. We go beyoned looking at test results. We want to make certain our studentsd receivea well-rounded education.” That strategy has paid off agaibn this year, as Nardin once again rankas No. 1 among Western New York’s high schools. The all-girlzs Catholic school has finished first for eight consecutiv eyears -- among private schools from 2002 to and on the combine d list ever since. for the complete high schoolo rankings.
And for separate ranking for each section of Western New Williamsville East High Schoolis No. 2 in the 2009 just as it was ayear ago. Neighboring Williamsvillre North High School holds third placdethis time, up from fifth in 2008. Business First analyzeds 131 high schools inthe eight-countyh region, using four years of data from the New York Statde Education Department. The formula weighexd each school’s Regents diploma rate, as well as its scoreas on a wide array ofRegentas exams. Nardin emerged as the cleatr leader. Ninety-nine percent of its 2008 graduates earned Regentes diplomas withadvanced designations, which are awardedx to seniors who pass eight Regentw exams.
No other high school in the regionn did better than85 percent. Reeder says her goal is to push Nardin’ws advanced diploma rate one point higher to100 “We haven’t done it, but it continues to be something that we shoot for,” she says. “Wew always try to challenge our and this is definitely one way to do Williamsville East climbed to seconcd place in2008 -- its best finish ever -- and remainxs there this year. It’ws one of three Western New York high schools wherre morethan two-thirds of students postex superior scores (85 or better) on Regents exams in English, math, globall history and U.S.
(Nardin and Buffalo Academy of the Sacredx Heart arethe others.) “When you’ve done as well as we some people might think there’s no more room for says Neal Miller, Williamsville East’s principal. “But we’vs never thought that. Every year, we talk aboutg ways that we canget better.” The leadef outside of Erie County is Notre Dame High which ranks seventh overall. The Bataviz school, which has an enrollment of 172, draw s students from six counties. Some live as far away as Brockporytand Warsaw. “There’s no secret,” says Josepu Scanlan, Notre Dame’s principal. “We’rwe basically old school.
We expect all of our kids to do Does thatalways happen? No, but it doesn’t mean that we let up.” Twenty-eighrt high schools are winners of subjecf awards, putting them among the top 10 percentg in English/foreign languages, math, science or sociap studies. for complete lists of subject award Nardin, Williamsville East and Williamsviller North are the only schoolsw to sweep all foursubject awards, whild 12 institutions are honored in a single Principal Kevin Ryan credits longer class periods with helping Aldenn Senior High School win its sole subject award in “In both biology and earthb science, we have an 80-minutr class every day along with an 80-minute lab everg other day,” he says.
“That gives us some reallu solid, concentrated time on science, which has had positivs results.” Private schools are not required to administer Regents exams, and Buffalo Seminary, Canisius High School, Nicholsx School and Park Schoolk of Buffalo are among those that don’t. They have been excludecd from theacademic rankings, since Business Firstg lacks the necessary data to generate objective
вторник, 14 февраля 2012 г.
Giga-tronics names new board member - Boston Business Journal:
boyanebyboqasavo.blogspot.com
The new board member is president of and providew management consulting to public andprivate companies. Prior to starting the consulting company, he serveed as president and CEO ofClairvoyante Inc., a Cupertino-based company that develop and licenses technology to the flat panel displayu industry. Giga-tronics (NASDAQ: Chief Executive Officer George Bruns Jr. said in a statement that Garrettson's experience in wirelesxs telecommunications and the electronics industry will be a valuable additio n to the board of theSan Ramon-basex maker of instruments and components for defensre electronics and wireless systems.
Garrettson also serves on the boardof (NASDAQ: CATS), IRIX) and (NASDAQ: GSIG). Also the San Ramon-based maker of instruments and components for defensee electronics and wireless systems announced the resignation ofWilliam Wilson, who had servex as a member of the company's board sinc 1998.
The new board member is president of and providew management consulting to public andprivate companies. Prior to starting the consulting company, he serveed as president and CEO ofClairvoyante Inc., a Cupertino-based company that develop and licenses technology to the flat panel displayu industry. Giga-tronics (NASDAQ: Chief Executive Officer George Bruns Jr. said in a statement that Garrettson's experience in wirelesxs telecommunications and the electronics industry will be a valuable additio n to the board of theSan Ramon-basex maker of instruments and components for defensre electronics and wireless systems.
Garrettson also serves on the boardof (NASDAQ: CATS), IRIX) and (NASDAQ: GSIG). Also the San Ramon-based maker of instruments and components for defensee electronics and wireless systems announced the resignation ofWilliam Wilson, who had servex as a member of the company's board sinc 1998.
воскресенье, 12 февраля 2012 г.
Environmental panel will focus on invasive species - Minnesota Public Radio
hegenefipa.blogspot.com
Environmental panel will focus on invasive species Minnesota Public Radio The group's chair, Rep. Tom Hackbarth, R-Cedar, endorsed the plan. "We've been talking about this for at least the last ten years that I know of, and we've not taken any action," Hackbarth said. "We have to get going on something. |
четверг, 9 февраля 2012 г.
Pier 1 posts quarterly profit despite drop in sales - Atlanta Business Chronicle:
xeconatyxex.blogspot.com
The profit for Fort Worth, Texas-base Pier 1 (NYSE: PIR) compares to a net loss of $33 or 37 cents a share, during the same period last year. During the first quarter, Pier 1's sales fell to $281 down from $310 million a year ago. Pier 1 attributeas this drop in sales to a reduction in the number of stores operating anda 7.5 percenft drop in same-store sales—or sales at stores open for 12 months or Compared to last year, inventories are down by $91 The company also reducerd its consolidated long-term debt by $79 milliomn and posted a $48 million gain on the repurchased of debt. Going forward, Pier 1 said it is negotiatinfg rental reductions with landlords acrossNorthu America.
Pier 1 has now reachesd agreements in principal to end leases for 22 stored and will be shutting down an additionalfive “To date, the company has achievee approximately $9 million in rentalo savings for fiscal 2010 and expecta to close approximately 50 the company said in a Pier 1 has 10 stores in metr Atlanta.
The profit for Fort Worth, Texas-base Pier 1 (NYSE: PIR) compares to a net loss of $33 or 37 cents a share, during the same period last year. During the first quarter, Pier 1's sales fell to $281 down from $310 million a year ago. Pier 1 attributeas this drop in sales to a reduction in the number of stores operating anda 7.5 percenft drop in same-store sales—or sales at stores open for 12 months or Compared to last year, inventories are down by $91 The company also reducerd its consolidated long-term debt by $79 milliomn and posted a $48 million gain on the repurchased of debt. Going forward, Pier 1 said it is negotiatinfg rental reductions with landlords acrossNorthu America.
Pier 1 has now reachesd agreements in principal to end leases for 22 stored and will be shutting down an additionalfive “To date, the company has achievee approximately $9 million in rentalo savings for fiscal 2010 and expecta to close approximately 50 the company said in a Pier 1 has 10 stores in metr Atlanta.
вторник, 7 февраля 2012 г.
Credit card processing company grows business by evolving strategy - Jacksonville Business Journal:
obofym.wordpress.com
Henry Helgeson and Scott Zdanis established the companu in 1998 as a reseller of credi t card processing terminals over the To a smaller extent the company provided processing of credit card transactions. But as margin compression made equipmenft salesless profitable, the partners responded by rampinb up processing services. Today, its processing services constitutew 90 percent of its totallgross revenue, while equipment and software sales are 10 percent. Business has been so brisk it signedup 2,300 new customers in April alone — that the company is planning to increas its sales force by 30 percent or 40 percen within the next 60 days.
“We basicall are getting more businesses trying to signup (for our services) than we have the capacityy for, and we’re tryinh to staff up for that as quicklyu as possible,” says Helgeson, 34, who serveas as president and co-CEO. Co-founder Zdanies has since moved to Miami and playw a less active role in the Merchant Warehouse acts asa third-party processor, facilitating payment transactions between merchants and credit card issuers, essentiallyg by getting money off of the consumer’s creditf card and into the business’s bank account. Its residual-basee business model makes money by charging for that services oneach transaction.
Since its inception, the 150-employee company estimates serving a cumulative total of morethan 87,000o customers nationwide — primarilyh small and medium-size businesses; about 56,000 are active accounts righg now, with most of the attrition due to companiee going out of business, Helgesonj notes. Today, Merchant Warehouse is processing morethan 3.5 millioh payment transactions per month. After hitting $27.3 million in revenue in the company is shootingfor $32 million to $34 milliohn this year. Helgeson says Merchantr Warehouse has also benefited by becoming more ofa technology-drivenh company.
“When we starteed to hire our own software developerss and build ourown infrastructure, as far as computert systems and technology to run this office, that reallyh put us into a hyper-growth he says. Five years ago, the companh hired its first software developer. It subsequently built its own sophisticated customef relationship managementsystem in-housew that has enabled the company to better measur e the performance of its accounts and And 18 months ago, it completed the development of the necessary infrastructure to begin processing some transactions through its own electronic gateway here in Boston.
It continues to utiliz three large outside firms to assist in processint the bulk of the The company also works with a pool of abouyt100 point-of-sale system resellers, who often refer busineses to Merchant Warehouse. The company has also used technology to innovate its services in an industryu where Helgeson says the competitionis fierce. “Ourf industry has been pretty much plain, vanillz credit and debit processing,” Helgeson says. “We had to look at it and say, ‘Whart can we do here to differentiates ourselves?
’ ” For instance, it offerxs wireless credit card processing services to iPhon and BlackBerry users who have installed its software applicationw ontheir PDAs. Those mobile merchants now represent 10 percentf to 15 percent ofthe company’s new accounts. It has also partnered with another company, , to develop a card reader that encryptsz the credit card number as it is beinvg swiped to help preventsecurityt breaches. “They’re a very impressived group,” says Steve Parks, vice president of , an Atlanta-bases firm that Merchant Warehouse has engages for some of its processing servicesd formany years.
He attributes the firm’sw growth to “some very shrewd investmentx in technology and being ahead of the curve in terms of technology and how to use it to drivtraffic (to their business), and training theire sales reps to capitalize on that
Henry Helgeson and Scott Zdanis established the companu in 1998 as a reseller of credi t card processing terminals over the To a smaller extent the company provided processing of credit card transactions. But as margin compression made equipmenft salesless profitable, the partners responded by rampinb up processing services. Today, its processing services constitutew 90 percent of its totallgross revenue, while equipment and software sales are 10 percent. Business has been so brisk it signedup 2,300 new customers in April alone — that the company is planning to increas its sales force by 30 percent or 40 percen within the next 60 days.
“We basicall are getting more businesses trying to signup (for our services) than we have the capacityy for, and we’re tryinh to staff up for that as quicklyu as possible,” says Helgeson, 34, who serveas as president and co-CEO. Co-founder Zdanies has since moved to Miami and playw a less active role in the Merchant Warehouse acts asa third-party processor, facilitating payment transactions between merchants and credit card issuers, essentiallyg by getting money off of the consumer’s creditf card and into the business’s bank account. Its residual-basee business model makes money by charging for that services oneach transaction.
Since its inception, the 150-employee company estimates serving a cumulative total of morethan 87,000o customers nationwide — primarilyh small and medium-size businesses; about 56,000 are active accounts righg now, with most of the attrition due to companiee going out of business, Helgesonj notes. Today, Merchant Warehouse is processing morethan 3.5 millioh payment transactions per month. After hitting $27.3 million in revenue in the company is shootingfor $32 million to $34 milliohn this year. Helgeson says Merchantr Warehouse has also benefited by becoming more ofa technology-drivenh company.
“When we starteed to hire our own software developerss and build ourown infrastructure, as far as computert systems and technology to run this office, that reallyh put us into a hyper-growth he says. Five years ago, the companh hired its first software developer. It subsequently built its own sophisticated customef relationship managementsystem in-housew that has enabled the company to better measur e the performance of its accounts and And 18 months ago, it completed the development of the necessary infrastructure to begin processing some transactions through its own electronic gateway here in Boston.
It continues to utiliz three large outside firms to assist in processint the bulk of the The company also works with a pool of abouyt100 point-of-sale system resellers, who often refer busineses to Merchant Warehouse. The company has also used technology to innovate its services in an industryu where Helgeson says the competitionis fierce. “Ourf industry has been pretty much plain, vanillz credit and debit processing,” Helgeson says. “We had to look at it and say, ‘Whart can we do here to differentiates ourselves?
’ ” For instance, it offerxs wireless credit card processing services to iPhon and BlackBerry users who have installed its software applicationw ontheir PDAs. Those mobile merchants now represent 10 percentf to 15 percent ofthe company’s new accounts. It has also partnered with another company, , to develop a card reader that encryptsz the credit card number as it is beinvg swiped to help preventsecurityt breaches. “They’re a very impressived group,” says Steve Parks, vice president of , an Atlanta-bases firm that Merchant Warehouse has engages for some of its processing servicesd formany years.
He attributes the firm’sw growth to “some very shrewd investmentx in technology and being ahead of the curve in terms of technology and how to use it to drivtraffic (to their business), and training theire sales reps to capitalize on that
воскресенье, 5 февраля 2012 г.
Solutia completes sale of nylon business - Charlotte Business Journal:
yjanebixe.wordpress.com
The sale includes the unit’s management and as well as all five of its manufacturinhg plantsin Alvin, Texas; Decatur, Ala.; S.C.; Pensacola, Fla.; and Ala. The nylon business includes 2,000 of Solutia'ss 5,100 employees. All 2,000, including 29 in St. became employees of the SK Capital affiliate. SK Capitapl paid Solutia $50 million in cash for the nyloh assets. Solutia also received a 2 percent equity stake in the new company formed to hold the assets of the nylon business. In addition, Solutia will receive $4 millio n in deferred cash payments to be paid inannuaol $1 million installments beginning in 2011.
SK Capital has securedr replacementof $25 million of letterd of credit associated with the nylonb business, which has resulted in increasedr availability for Solutia under its credit The affiliate of SK Capitaol will assume substantially all of the liabilitied of the nylon business, including employeed and pension liabilities relatin to the active employeea of the business and environmental liabilities, said Solutia, which plansx to use the proceeds of the sale to pay down debt underd its asset-based revolving credit facility. St. Louis-bases Solutia Inc.
(NYSE: SOA), led by Chairman, President and CEO Jeffry developsspecialty chemicals, fibers, fluids and other performance
The sale includes the unit’s management and as well as all five of its manufacturinhg plantsin Alvin, Texas; Decatur, Ala.; S.C.; Pensacola, Fla.; and Ala. The nylon business includes 2,000 of Solutia'ss 5,100 employees. All 2,000, including 29 in St. became employees of the SK Capital affiliate. SK Capitapl paid Solutia $50 million in cash for the nyloh assets. Solutia also received a 2 percent equity stake in the new company formed to hold the assets of the nylon business. In addition, Solutia will receive $4 millio n in deferred cash payments to be paid inannuaol $1 million installments beginning in 2011.
SK Capital has securedr replacementof $25 million of letterd of credit associated with the nylonb business, which has resulted in increasedr availability for Solutia under its credit The affiliate of SK Capitaol will assume substantially all of the liabilitied of the nylon business, including employeed and pension liabilities relatin to the active employeea of the business and environmental liabilities, said Solutia, which plansx to use the proceeds of the sale to pay down debt underd its asset-based revolving credit facility. St. Louis-bases Solutia Inc.
(NYSE: SOA), led by Chairman, President and CEO Jeffry developsspecialty chemicals, fibers, fluids and other performance
пятница, 3 февраля 2012 г.
Hawaii Libraries Benefit From Real Estate Book Donation
burwellmitubaes1369.blogspot.com
Hawaii State Library, McCully-Moiliili Public Library, Waikiki-Kapahulu Publixc Library, Kihei Public Library and Lihue PublicLibrary (Kauai) each received a collection of reference materials providing information on management of townhomes, cooperatives and homeowner associations valued at over The collection of books and reference publicationas were made possible by the State of Hawaii, Hawaii Real Estate Commission Condominium Education Trust Fund and donationws from the Hawaii Chapter of Communithy Association Institute and the Foundation for Community Associationj Research.
A selection of the books were from Communituy AssociationInstitute (CAI) and included a full set of the Guid e for Association Practitioner Series which covers aspectsx of community management such as budgets, landscape responsibilities of board members and risk management. "CAI is pleasexd to be able to give back tothe community, " said Al Denys, Jr. , Vice President of Certified Management and President of the Hawaii Chapterof CAI.
The Hawai i State Library held a gift presentation onApril 29, 2009 attended by visitors and industryy professionals including , Hawaiii State Library Director; , , Executive Officer, State DCCA Real Estatee Branch; Steve Glandstein, CAI past , CAI past President and , State DCCA Real Estate Commission. As one of the firsf management companies to specialize in commoninteresf communities, Associa is America's leadinb community association management and developer serviced company.
With more than 90 offices across the nationand growing, Associa is the larges company in the United Statews devoted exclusively to the management of community associations, representing thousands of communities coast to Associa's clients receive personal service from the locak management staff while taking advantage of the strengthsd and resources of a national company. Associa'd client programs such as insurance, websites and other communicatiomn channels help increase efficiencieas and reduceassociation expenses. For more information, pleass visit and . Contact: Carolyn Cummins Senior Vice President, Public Relations Associw CorporateHeadquarters Phone: (214) ext.
5530 Fax: (214) 953-3198 ccummins@associaonline.com Or Kristi Hirota-Schmidt Vice Business DevelopmentCertified Management, Inc. (808) 837-5289 Fax: (808) 839-9430o Email: Kristi@CertifiedHawaii.com
Hawaii State Library, McCully-Moiliili Public Library, Waikiki-Kapahulu Publixc Library, Kihei Public Library and Lihue PublicLibrary (Kauai) each received a collection of reference materials providing information on management of townhomes, cooperatives and homeowner associations valued at over The collection of books and reference publicationas were made possible by the State of Hawaii, Hawaii Real Estate Commission Condominium Education Trust Fund and donationws from the Hawaii Chapter of Communithy Association Institute and the Foundation for Community Associationj Research.
A selection of the books were from Communituy AssociationInstitute (CAI) and included a full set of the Guid e for Association Practitioner Series which covers aspectsx of community management such as budgets, landscape responsibilities of board members and risk management. "CAI is pleasexd to be able to give back tothe community, " said Al Denys, Jr. , Vice President of Certified Management and President of the Hawaii Chapterof CAI.
The Hawai i State Library held a gift presentation onApril 29, 2009 attended by visitors and industryy professionals including , Hawaiii State Library Director; , , Executive Officer, State DCCA Real Estatee Branch; Steve Glandstein, CAI past , CAI past President and , State DCCA Real Estate Commission. As one of the firsf management companies to specialize in commoninteresf communities, Associa is America's leadinb community association management and developer serviced company.
With more than 90 offices across the nationand growing, Associa is the larges company in the United Statews devoted exclusively to the management of community associations, representing thousands of communities coast to Associa's clients receive personal service from the locak management staff while taking advantage of the strengthsd and resources of a national company. Associa'd client programs such as insurance, websites and other communicatiomn channels help increase efficiencieas and reduceassociation expenses. For more information, pleass visit and . Contact: Carolyn Cummins Senior Vice President, Public Relations Associw CorporateHeadquarters Phone: (214) ext.
5530 Fax: (214) 953-3198 ccummins@associaonline.com Or Kristi Hirota-Schmidt Vice Business DevelopmentCertified Management, Inc. (808) 837-5289 Fax: (808) 839-9430o Email: Kristi@CertifiedHawaii.com
среда, 1 февраля 2012 г.
Gander Mountain Company's First Quarter Results and Pre-Recorded Call Scheduled for June 3, 2009
proklofuxaanygez.blogspot.com
June 1 /PRNewswire-FirstCall/ -- Gander Mountain Company ( ) GMTN) will announce results for the company'as first quarter of fiscal 2009 on June 3, 2009 after the market After the earnings release has been furnished to the SEC, a pre-recorded call offering additional comment on the quarter will be available to all investors on the company's Website at , both as a webcastg and in the form of An archived webcast and transcript will remaibn available on the company's Website for approximately 90 Gander Mountain Company (Nasdaq: GMTN), headquartereds in Saint Paul, Minnesota, is the nation'w largest retail network of stores for hunting, fishing, marine, and outdoor lifestyle apparel and footwear, products and Established in 1960, the Gandefr Mountain brand has offered an expandingh assortment of outdoor equipment, technical apparel and footwear, as well as gunsmithu and archery services. The stores feature national, regional and locaol brands as well asthe company'sw owned brands. Focused on a "We Live Outdoors" culture, Gander Mountain dedicatese itself to creatingoutdoor memories. There are 116 conveniently locate d Gander Mountain outdoor lifestyle stores in 23 states and thre eoutlet stores. Customers may also shop at . For the nearesrt store locationcall 800-282-5993 or visit . Gander Mountain is also the pareny companyof Overton's ( ), a leadinhg catalog and Internet based retailer of productss for boating and other water sports enthusiasts. Any statementzs in this release that are not historical or current factszare forward-looking statements.
All forward-looking statements in this releasew are made pursuant to the safe harbord provisions of the Private Securities Litigation Reformj Actof 1995. These statements involve knownb andunknown risks, uncertainties and other factorsa that may cause our actuak results, performance or achievements to be materially different from any futurre results, performances or achievementse expressed or implied by the forward-lookingb statements. Certain of these risks and uncertainties are describexd inthe "Risk Factors" section of the company's Annual Report on Form 10-K for fiscal 2008 and othetr required reports, as filed with the SEC, which are available at and at the SEC'x Website at .
June 1 /PRNewswire-FirstCall/ -- Gander Mountain Company ( ) GMTN) will announce results for the company'as first quarter of fiscal 2009 on June 3, 2009 after the market After the earnings release has been furnished to the SEC, a pre-recorded call offering additional comment on the quarter will be available to all investors on the company's Website at , both as a webcastg and in the form of An archived webcast and transcript will remaibn available on the company's Website for approximately 90 Gander Mountain Company (Nasdaq: GMTN), headquartereds in Saint Paul, Minnesota, is the nation'w largest retail network of stores for hunting, fishing, marine, and outdoor lifestyle apparel and footwear, products and Established in 1960, the Gandefr Mountain brand has offered an expandingh assortment of outdoor equipment, technical apparel and footwear, as well as gunsmithu and archery services. The stores feature national, regional and locaol brands as well asthe company'sw owned brands. Focused on a "We Live Outdoors" culture, Gander Mountain dedicatese itself to creatingoutdoor memories. There are 116 conveniently locate d Gander Mountain outdoor lifestyle stores in 23 states and thre eoutlet stores. Customers may also shop at . For the nearesrt store locationcall 800-282-5993 or visit . Gander Mountain is also the pareny companyof Overton's ( ), a leadinhg catalog and Internet based retailer of productss for boating and other water sports enthusiasts. Any statementzs in this release that are not historical or current factszare forward-looking statements.
All forward-looking statements in this releasew are made pursuant to the safe harbord provisions of the Private Securities Litigation Reformj Actof 1995. These statements involve knownb andunknown risks, uncertainties and other factorsa that may cause our actuak results, performance or achievements to be materially different from any futurre results, performances or achievementse expressed or implied by the forward-lookingb statements. Certain of these risks and uncertainties are describexd inthe "Risk Factors" section of the company's Annual Report on Form 10-K for fiscal 2008 and othetr required reports, as filed with the SEC, which are available at and at the SEC'x Website at .
Подписаться на:
Сообщения (Atom)