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The Memphis-based discount retailer reported salesof $134.7 millioh for May, down 6 percentt compared to sales of $143.4 milliomn in May 2008. These numbers include Fred’ (NASDAQ: FRED) closing 74 underperforming stores and 23 Excludingthose stores, Fred’se sales increased 1 percent comparefd to last May. Comparabled store sales in Mayrose 0.2 down compared to 3.4 percent in the same period last year. For the first four fiscal monthsof 2009, the company reported total salesx of $593.1 million, down 2.4 percenrt compared to $607.7 million for the same year-ago period.
excluding stores closed in sales from ongoing storeas increased 4 percent compared to thesame four-month period last On a comparable store year-to-date sales increased 2.1 percent compared to 2.4 percenft last year. Fred’s opened one new pharmacy in May. Fred’a operates 666 discount merchandiswe stores, including 24 franchised stores nationwide. Shares closedc down 12 cents to $14.22 per share Wednesday.
понедельник, 31 декабря 2012 г.
воскресенье, 30 декабря 2012 г.
SyriaAir cancels flight from Cairo to Aleppo - Yahoo! News (blog)
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euronews | SyriaAir cancels flight from Cairo to Aleppo Yahoo! News (blog) CAIRO (Reuters) - Syria's national airline cancelled a flight from Cairo to Aleppo on Saturday due to poor security conditions around the airport, Cairo airport officials said. Rebels fighting to overthrow Syrian President Bashar al-Assad said last ... Egypt's Mursi says Assad "regime" has no future in Syria |
суббота, 29 декабря 2012 г.
Highwoods Properties grows profit, raises guidance - Tampa Bay Business Journal:
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The Raleigh, N.C.-based real estate investmeng trust, which has holdings in Tampa, postesd FFO of $42.3 million, or 69 cents per dilutex share, up from $35.6 million, or 58 centz per diluted share, in the same period last year. Analysts pollecd by had projected, on average, FFO of 66 centsd per diluted share for Highwoods in the quarter endedJune 30. FFO is the preferredc measure of profitabilityfor REITs. net income of $12.1 million, or 21 cents per diluted share, increased more than threefoldxfrom $4 million, or 7 centzs per diluted share, in the year-ago quarter. The company’sw office buildings were 91.
1 percen t occupied on June 30, and 66 percent of its $336 millioj development pipelinewas pre-leased as of that date. “Our companty is stronger today than it was fouryears ago,” CEO Ed Fritschu said in a media “We have transformed our portfolio and strengthene d our balance sheet. We have no remaining debt maturitiew this yearand $155 million of high coupon debt maturingg in 2009.” Because of its strong performance, Highwoodd (NYSE: HIW) raised its FFO 2008 guidance to a range of $2.70 to $2.78 per dilutedr share from $2.60 to In Tampa, the REIT owns Highwoods Bay Centefr I and Harbour Place.
The Raleigh, N.C.-based real estate investmeng trust, which has holdings in Tampa, postesd FFO of $42.3 million, or 69 cents per dilutex share, up from $35.6 million, or 58 centz per diluted share, in the same period last year. Analysts pollecd by had projected, on average, FFO of 66 centsd per diluted share for Highwoods in the quarter endedJune 30. FFO is the preferredc measure of profitabilityfor REITs. net income of $12.1 million, or 21 cents per diluted share, increased more than threefoldxfrom $4 million, or 7 centzs per diluted share, in the year-ago quarter. The company’sw office buildings were 91.
1 percen t occupied on June 30, and 66 percent of its $336 millioj development pipelinewas pre-leased as of that date. “Our companty is stronger today than it was fouryears ago,” CEO Ed Fritschu said in a media “We have transformed our portfolio and strengthene d our balance sheet. We have no remaining debt maturitiew this yearand $155 million of high coupon debt maturingg in 2009.” Because of its strong performance, Highwoodd (NYSE: HIW) raised its FFO 2008 guidance to a range of $2.70 to $2.78 per dilutedr share from $2.60 to In Tampa, the REIT owns Highwoods Bay Centefr I and Harbour Place.
четверг, 27 декабря 2012 г.
North Shore theater likely to liquidate - Puget Sound Business Journal (Seattle):
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Theater executives announced Tuesday that the financiallyt distressed theater has failed to raisdethe $2 million it needed to put on 2009 productions, althougbh more than $500,000 in pledges have been made sincee the theater announced a turn-around strategy in mid April. “The thingy we know is that we’re not puttinv on a 2009 season. I think the very likely consequencee of that is that we will very quickly go out of saidDavid Fellows, chairman of the Northj Shore Music Theatre board.
“Whether it’s Chapter 11 or Chapterr 7 — it’s completely up in the air at the Without a production season this the theater is unable to address the substantialk debts of its creditors and restorerthe theater’s economic health, said The theater is approximately $10 million in debt, including large mortgages on its propertyu and buildings and debtd to vendors, the State of Massachusetts, and subscriber who paid in advanc e for the 2009 season. Fellowe said most of the theater’s 4,400 subscribers are unlikelyg to get their money Subscriptions cost upwardsof $350 per seat.
Theatert executives are in discussions with senior creditor and are reviewing a liquidation to maximize the valur ofthe theater’s assets for its stakeholders as well as identifuy potential “friendly” buyers of the property who mighyt consider a lease back of the Fellows said.
Theater executives announced Tuesday that the financiallyt distressed theater has failed to raisdethe $2 million it needed to put on 2009 productions, althougbh more than $500,000 in pledges have been made sincee the theater announced a turn-around strategy in mid April. “The thingy we know is that we’re not puttinv on a 2009 season. I think the very likely consequencee of that is that we will very quickly go out of saidDavid Fellows, chairman of the Northj Shore Music Theatre board.
“Whether it’s Chapter 11 or Chapterr 7 — it’s completely up in the air at the Without a production season this the theater is unable to address the substantialk debts of its creditors and restorerthe theater’s economic health, said The theater is approximately $10 million in debt, including large mortgages on its propertyu and buildings and debtd to vendors, the State of Massachusetts, and subscriber who paid in advanc e for the 2009 season. Fellowe said most of the theater’s 4,400 subscribers are unlikelyg to get their money Subscriptions cost upwardsof $350 per seat.
Theatert executives are in discussions with senior creditor and are reviewing a liquidation to maximize the valur ofthe theater’s assets for its stakeholders as well as identifuy potential “friendly” buyers of the property who mighyt consider a lease back of the Fellows said.
среда, 26 декабря 2012 г.
General Motors creates lots to deal with - Dayton Business Journal:
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For Ledezma and the 200 employees at his twolocal dealerships, the news brought reliedf and certainty after months of He spent that afternoon and the next morningb visiting each department at the Independencd and Kansas City locations, letting employees know that the businessezs would continue as GM franchises. “It’s quite a bit of reliecf but, at the same time, a lot of said Ledezma, president of “Whatever we’re going to have additional responsibility as a With thegiant automaker’s plungwe into bankruptcy on June 1, lines have been Although roughly 3,600 dealers, like received individualized “participation agreements” offering the potential of higher profitss along with improvement directives — 1,350 were notifiedc that they needed to wind down as GM That’s in addition to the 1,100 that receivede similar messages last month as part of GM& rsquo;s which involves keeping only top dealers and The lists 24 GM dealerships in the area.
GM isn’t yet sharinf the names or locations of dealershipss whose franchise agreements willbe terminated, but at leasty one local dealer has begun to spread the in Belton was among the dealerships notified last month that its franchiswe agreement would end, said Ray Adams, CEO of Detailsx from GM remain hazy, he but his plan is to close the Chevyg dealership within about 18 months and focus on sales of Toyotas at in Lee’s His Toyota sales are down about 20 percent compareed with last year but are improving every month; Chevy sales are down roughly 50 percent.
Adamws Chevrolet, which has about 100 Chevyes to sell, employs about 50 It’s been there since 1936, and Adams has run it since 1990. in midtow n Kansas City also was notified that its franchise agreementwould end. The dealership, which employd 80 people, is appealing the decision. GM spokeswomann Susan Garontakos said dealerships thatreceivedx wind-down notices no longer will be able to orderd new vehicles. But GM is offeringb assistance, on a case-by-case basis, to help the dealership s maintain payrolls and cover other operating costs while they sell existing she said. “We want them to be able to wind down Garontakos said.
“Some dealers will actually probably wantto exit.” That’s been the trend. Last 401 GM dealers exited the business. Fewer dealershipsz will enable GM to make cuts to thesupportinb infrastructure, better aligning a network builty for 50 percent market share to the current share of less than 20 percent, Garontakos said. Even participation agreements aren’t a free pass some franchisees are being asked toconsolidater facilities, relocate or update, she Ledezma said it probably will cost close to $1 millionh to update Cable-Dahmer’s Kansas City facility.
The company already has investef hundreds of thousands of dollars on GM seems fine with the Independence alsorecently upgraded, he Chris Igoe, co-owner of in Liberty, said the area long has been oversaturated with GM dealers. Igoe, who received a participation agreement, estimated that comparable markets have a thirdd as manyGM franchises. “Here in Kansas we have, as dealers, screamed that we’re Igoe said. “With the dealers that are remaining, it will creat e a much better opportunity for us to be even in adown market.
” , which owns threw GM dealerships in the metro area and 27 expects in Merriam, in Kansas City and in Merriam to remai n open for the foreseeablr future and thinks GM “wilpl emerge from this stronger and bette equipped to compete than ever before,” the company said in a GM said June 2 that it’s in advanced talkzs to sell the Hummer brand to Chineses company , which would assumse existing dealer agreements. Ledezma, who has been sellinfg Chevy vehiclessince 1983, remainzs firm in his faith that GM is a “phenomenalp company” that encourages franchisees to constantly perform at a higher “Have they had their downfalls? Absolutely,” he said.
“But tell me one company that didn’t.”
For Ledezma and the 200 employees at his twolocal dealerships, the news brought reliedf and certainty after months of He spent that afternoon and the next morningb visiting each department at the Independencd and Kansas City locations, letting employees know that the businessezs would continue as GM franchises. “It’s quite a bit of reliecf but, at the same time, a lot of said Ledezma, president of “Whatever we’re going to have additional responsibility as a With thegiant automaker’s plungwe into bankruptcy on June 1, lines have been Although roughly 3,600 dealers, like received individualized “participation agreements” offering the potential of higher profitss along with improvement directives — 1,350 were notifiedc that they needed to wind down as GM That’s in addition to the 1,100 that receivede similar messages last month as part of GM& rsquo;s which involves keeping only top dealers and The lists 24 GM dealerships in the area.
GM isn’t yet sharinf the names or locations of dealershipss whose franchise agreements willbe terminated, but at leasty one local dealer has begun to spread the in Belton was among the dealerships notified last month that its franchiswe agreement would end, said Ray Adams, CEO of Detailsx from GM remain hazy, he but his plan is to close the Chevyg dealership within about 18 months and focus on sales of Toyotas at in Lee’s His Toyota sales are down about 20 percent compareed with last year but are improving every month; Chevy sales are down roughly 50 percent.
Adamws Chevrolet, which has about 100 Chevyes to sell, employs about 50 It’s been there since 1936, and Adams has run it since 1990. in midtow n Kansas City also was notified that its franchise agreementwould end. The dealership, which employd 80 people, is appealing the decision. GM spokeswomann Susan Garontakos said dealerships thatreceivedx wind-down notices no longer will be able to orderd new vehicles. But GM is offeringb assistance, on a case-by-case basis, to help the dealership s maintain payrolls and cover other operating costs while they sell existing she said. “We want them to be able to wind down Garontakos said.
“Some dealers will actually probably wantto exit.” That’s been the trend. Last 401 GM dealers exited the business. Fewer dealershipsz will enable GM to make cuts to thesupportinb infrastructure, better aligning a network builty for 50 percent market share to the current share of less than 20 percent, Garontakos said. Even participation agreements aren’t a free pass some franchisees are being asked toconsolidater facilities, relocate or update, she Ledezma said it probably will cost close to $1 millionh to update Cable-Dahmer’s Kansas City facility.
The company already has investef hundreds of thousands of dollars on GM seems fine with the Independence alsorecently upgraded, he Chris Igoe, co-owner of in Liberty, said the area long has been oversaturated with GM dealers. Igoe, who received a participation agreement, estimated that comparable markets have a thirdd as manyGM franchises. “Here in Kansas we have, as dealers, screamed that we’re Igoe said. “With the dealers that are remaining, it will creat e a much better opportunity for us to be even in adown market.
” , which owns threw GM dealerships in the metro area and 27 expects in Merriam, in Kansas City and in Merriam to remai n open for the foreseeablr future and thinks GM “wilpl emerge from this stronger and bette equipped to compete than ever before,” the company said in a GM said June 2 that it’s in advanced talkzs to sell the Hummer brand to Chineses company , which would assumse existing dealer agreements. Ledezma, who has been sellinfg Chevy vehiclessince 1983, remainzs firm in his faith that GM is a “phenomenalp company” that encourages franchisees to constantly perform at a higher “Have they had their downfalls? Absolutely,” he said.
“But tell me one company that didn’t.”
вторник, 25 декабря 2012 г.
Humanitarian catastrophe brewing in Syria - Pravda
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Humanitarian catastrophe brewing in Syria Pravda The political situation in Syria remains tense and the number of refugees from the country is increasing every day. A few days ago The United Nation said that it needed to raise $1.5 billion to provide humanitarian assistance to the Syrian citizens ... |
воскресенье, 23 декабря 2012 г.
UN committee adds 20 new items to intangible cultural heritage list - UN News Centre
hyperwave-exhausted.blogspot.com
UN News Centre | UN committee adds 20 new items to intangible cultural heritage list UN News Centre 5 December 2012 â€" A United Nations committee tasked with protecting the world's oral traditions, performing arts, social practices, craftsmanship and knowledge of nature today added 20 new items to the List of the Intangible Cultural Heritage of Humanity. Azerbaijan to host 2013 meeting of Intergovernmental Intangible Cultural ... Venezuela's Dancing Devils Receive Country's First Intangible Heritage ... Colombia's San Pacho festival makes UNESCO's 'Intangible Cultural Heritage' list |
суббота, 22 декабря 2012 г.
Grieving mom grateful for 'Kelsey's Law' cell phone legislation - MLive.com
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MLive.com | Grieving mom grateful for 'Kelsey's Law' cell phone legislation MLive.com TRAVERSE CITY, Mich. (AP) â€" On a winter morning in 2010, Kelsey Dawn Raffaele was driving home from a friend's house and chatting on her cell phone when she crashed, ending her life at age 17 â€" and setting her devastated mother on a mission to . .. Grieving mom grateful for cell phone legislation |
пятница, 21 декабря 2012 г.
Idaho parents say man entered classroom choked fifth-grade boy, harassed ... - Fox News
retention-jackjacks.blogspot.com
NewsNet5.com | Idaho parents say man entered classroom choked fifth-grade boy, harassed ... Fox News BOISE, Idaho â€" The guardian of a northern Idaho fifth-grader is upset with a school's response after she says a man entered a classroom, harassed and assaulted children and put her grandson in a chokehold. Jerry Peery said Thursday that other p arents ... Man Puts Chokehold On North Idaho 5th Grader |
среда, 19 декабря 2012 г.
DirecTV CEO leaving as Liberty merger nears - Denver Business Journal:
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just as the satellite broadcaster readies to merger with an offshoot ofJohn Malone’s News Corp. and DirecTb confirmed Wednesday that Carey will leave theEl Calif.-based satellite broadcaster July 1 to become second-in-command handling international operations for Rupert Murdoch’s global mediqa empire. Carey’s defection may muddy reception of the planned merger between DirecTf andLiberty Entertainment, a division of Douglas County-based Liberty Carey ran DirecTV for the past six years, leadingt it through a period of growth and winninf partnerships with every major telecom companyg in the U.S.
He was expected to stay with DirecTb after it became independent ofLibertyu Media. Instead, he returns to working for Murdochh andNews Corp., where he workedd for 15 years prior to heading Liberty Entertainment (NASDAQ: LMDIA) holds a 54 percengt stake in (NASDAQ: DTV) as well as controllingf stakes in online gaming company Fun Technologies, the Game Show Networkk and regional sports TV networks in Pittsburgh and Seattle. Those holdings are being spun off this year intoa free-standingh company to clear up DirecTV’z stock structure and make it easier for it to engage in mergerws and acquisitions, the companies said.
Malone’s company traded its 16 percentr ownership stake inNews Corp. back to Murdoch’es company in 2007 in exchange for the controllinyg stakein DirecTV.
just as the satellite broadcaster readies to merger with an offshoot ofJohn Malone’s News Corp. and DirecTb confirmed Wednesday that Carey will leave theEl Calif.-based satellite broadcaster July 1 to become second-in-command handling international operations for Rupert Murdoch’s global mediqa empire. Carey’s defection may muddy reception of the planned merger between DirecTf andLiberty Entertainment, a division of Douglas County-based Liberty Carey ran DirecTV for the past six years, leadingt it through a period of growth and winninf partnerships with every major telecom companyg in the U.S.
He was expected to stay with DirecTb after it became independent ofLibertyu Media. Instead, he returns to working for Murdochh andNews Corp., where he workedd for 15 years prior to heading Liberty Entertainment (NASDAQ: LMDIA) holds a 54 percengt stake in (NASDAQ: DTV) as well as controllingf stakes in online gaming company Fun Technologies, the Game Show Networkk and regional sports TV networks in Pittsburgh and Seattle. Those holdings are being spun off this year intoa free-standingh company to clear up DirecTV’z stock structure and make it easier for it to engage in mergerws and acquisitions, the companies said.
Malone’s company traded its 16 percentr ownership stake inNews Corp. back to Murdoch’es company in 2007 in exchange for the controllinyg stakein DirecTV.
вторник, 18 декабря 2012 г.
GSI details revenue errors, probe widens - Atlanta Business Chronicle:
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The Bedford, Mass.-based company also said its legal counsepl and audit committee were reviewing revenue bookingsz within its precision technology division for the same periodz to determine whether similar adjustmentwsare needed. GSI (Nasdaq: GSI) said the affectes revenue stemmed from accounting errors and the timing recordede forcertain transactions. Expected adjustments include: The situationn has caused the company to delay the release of its financial resultsto regulators. Last GSI said it was nearing a point when it coulds restate those results and submit to regulatorsz results from its fiscal first quarter endedApril 3.
Nonetheless, the compan said its filing delayd have prompted a delisting notice from the and triggered negotiation s with creditors to restructureits . GSI said in its regulatory filingv Tuesday that on June 11 it stooed beforethe Nasdaq’s Listing Qualifications Panel to request a stay of its pendin delisting. The company is still awaitinvg a ruling on the In June, GSI said a decline in bookings in the fourthb and first quarters forced it to restructure its operations and shavee millions in costs from its The company cut 158 workers in the first quartere and another 16 employees in April. Thosew changes will result in roughly $9 million in annualp savings.
The Bedford, Mass.-based company also said its legal counsepl and audit committee were reviewing revenue bookingsz within its precision technology division for the same periodz to determine whether similar adjustmentwsare needed. GSI (Nasdaq: GSI) said the affectes revenue stemmed from accounting errors and the timing recordede forcertain transactions. Expected adjustments include: The situationn has caused the company to delay the release of its financial resultsto regulators. Last GSI said it was nearing a point when it coulds restate those results and submit to regulatorsz results from its fiscal first quarter endedApril 3.
Nonetheless, the compan said its filing delayd have prompted a delisting notice from the and triggered negotiation s with creditors to restructureits . GSI said in its regulatory filingv Tuesday that on June 11 it stooed beforethe Nasdaq’s Listing Qualifications Panel to request a stay of its pendin delisting. The company is still awaitinvg a ruling on the In June, GSI said a decline in bookings in the fourthb and first quarters forced it to restructure its operations and shavee millions in costs from its The company cut 158 workers in the first quartere and another 16 employees in April. Thosew changes will result in roughly $9 million in annualp savings.
понедельник, 17 декабря 2012 г.
Central Valley bank earnings fall to $1.7M - Philadelphia Business Journal:
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million in the first half of the down from earningsof $2.6 million the year earlier period. The bank holdinbg company of earned $464,00 0 in the second quarter, down from $1.3 million the year earlier “While we remained profitable, the disappointing earningzs in the second quarter is a reflection of the increasecd provision for credit losses in the light of the overalkl weak economy and the potential impact it many have on our borrowinb customers during this economic cycle and the significant increase in the FDIC insurancse premiums from both the increase in regular assessment rate as well as the special assessmenr rate placed on all FDIC insured institutions insecond quarter,” said Dan president of the bank holding company.
The bank has 15 branchesz in the Central Valley from the Fresnpo areato Sacramento. The bank company got $7 millionj in Capital Purchase Program money from the Department of Treasuryt earlierthis year. It acquired the Lodi and Tracy branchee of Service 1st Bancorpin November.
million in the first half of the down from earningsof $2.6 million the year earlier period. The bank holdinbg company of earned $464,00 0 in the second quarter, down from $1.3 million the year earlier “While we remained profitable, the disappointing earningzs in the second quarter is a reflection of the increasecd provision for credit losses in the light of the overalkl weak economy and the potential impact it many have on our borrowinb customers during this economic cycle and the significant increase in the FDIC insurancse premiums from both the increase in regular assessment rate as well as the special assessmenr rate placed on all FDIC insured institutions insecond quarter,” said Dan president of the bank holding company.
The bank has 15 branchesz in the Central Valley from the Fresnpo areato Sacramento. The bank company got $7 millionj in Capital Purchase Program money from the Department of Treasuryt earlierthis year. It acquired the Lodi and Tracy branchee of Service 1st Bancorpin November.
суббота, 15 декабря 2012 г.
Plays of the Day: Fortress Anfield becomes holiday Villa, Flawed Fellaini ... - ESPN.co.uk
ogarawo.wordpress.com
ESPN.co.uk | Plays of the Day: Fortress Anfield becomes holiday Villa, Flawed Fellaini ... ESPN.co.uk Aston Villa were quite simply fantastic against Liverpool at Anfield on Saturday, turning what was once the most feared ground in Europe into a more-than-hospitable home for the day. At 3-0, thanks to goals from Christian Benteke (2) and Andreas ... |
пятница, 14 декабря 2012 г.
Vilma wants judge to reject Goodell motion to dismiss defamation suit - CBSSports.com
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W*USA 9 | Vilma wants judge to reject Goodell motion to dismiss defamation suit CBSSports.com NEW ORLEANS -- Jonathan Vilma urged a federal judge Friday to reject NFL commissioner Roger Goodell's motion to dismiss the defamation lawsuit filed against him by the New Orleans Saints linebacker. Vilma's request to U.S. District Judge Ginger ... Jon Vilma, Saints Linebacker, Urges Judge To Reject NFL Commissioner Roger ... Jonathan Vilma files court motion |
вторник, 11 декабря 2012 г.
U.S. job-bias complaints hit record high - Denver Business Journal:
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reports. There were 95,402 workplaces discrimination claims filed for the year ended Sept. 30, the most recent data That’s up from 82,800 the previous year. Complaintsx based on race, gender, age and religiobn all saw year-over-year gains. Worker s can file discrimination complaints withthe commission, which can seek to remedg the situation including via lawsuits. Some of the complaintws lead to financial settlements and while others are determined to haveno merit.
Employmenft attorneys expected the increase as businesses cut back on hirin and increase layoffs because of theweak "It is no surprise that the number of charges have said John Lomax, a labor and employment shareholder with the law firm LLP. "Durinfg our annual labor seminar in October we projected that we would see an increase in the numbedr of discrimination charges due to the factthat companies, for numeroue reasons, would be forced to cut back in lightr of the current economic conditions; however, what is a bit surprisingf is the rate at which that number is Lomax said.
reports. There were 95,402 workplaces discrimination claims filed for the year ended Sept. 30, the most recent data That’s up from 82,800 the previous year. Complaintsx based on race, gender, age and religiobn all saw year-over-year gains. Worker s can file discrimination complaints withthe commission, which can seek to remedg the situation including via lawsuits. Some of the complaintws lead to financial settlements and while others are determined to haveno merit.
Employmenft attorneys expected the increase as businesses cut back on hirin and increase layoffs because of theweak "It is no surprise that the number of charges have said John Lomax, a labor and employment shareholder with the law firm LLP. "Durinfg our annual labor seminar in October we projected that we would see an increase in the numbedr of discrimination charges due to the factthat companies, for numeroue reasons, would be forced to cut back in lightr of the current economic conditions; however, what is a bit surprisingf is the rate at which that number is Lomax said.
понедельник, 10 декабря 2012 г.
Nancy C. Everett Executive Profile
ra-iwinyro.blogspot.com
She is responsible for more than $130 billion in assets held by the Generao Motors benefit plans andseveral non-affiliated clients. Everety joined Promark Global Advisors as chierf investment officer inJune 2005. She assumedc the additional responsibility of chief executivee officer inJanuary 2006. Previously, she was chierf investment officer for the Virginia Retirement System where she oversa w the investment ofthe $42 billion pension Everett was born in Ithaca, New York. She graduated in 1978 with a bachelor' degree in accounting from Virginia Commonwealt hUniversity (VCU) and earned the Charterex Financial Analyst designation in 1987.
Everett is currentlyu a member of the InvestmentAdvisoryu Committee, Randolph-Macon College and is a member of the board of trusteexs of the Virginia Commonwealth University School of Businessw Foundation where she serves on the Investmentt Committee. She sits on the board of directors for PacificPension Institute, is a membe r of the advisory board of The Rock Creem Group, and a member of the Committede on Directors for Capital International's Emerging Markets Growtn Fund, Inc. She is also a member of the New York Stocm Exchange Pension Managers Advisory Committee and past president of the boarcd of directors of the Richmond Society ofFinanciap Analysts.
**All Executive profile data providec byDow Jones & Co., Inc.
She is responsible for more than $130 billion in assets held by the Generao Motors benefit plans andseveral non-affiliated clients. Everety joined Promark Global Advisors as chierf investment officer inJune 2005. She assumedc the additional responsibility of chief executivee officer inJanuary 2006. Previously, she was chierf investment officer for the Virginia Retirement System where she oversa w the investment ofthe $42 billion pension Everett was born in Ithaca, New York. She graduated in 1978 with a bachelor' degree in accounting from Virginia Commonwealt hUniversity (VCU) and earned the Charterex Financial Analyst designation in 1987.
Everett is currentlyu a member of the InvestmentAdvisoryu Committee, Randolph-Macon College and is a member of the board of trusteexs of the Virginia Commonwealth University School of Businessw Foundation where she serves on the Investmentt Committee. She sits on the board of directors for PacificPension Institute, is a membe r of the advisory board of The Rock Creem Group, and a member of the Committede on Directors for Capital International's Emerging Markets Growtn Fund, Inc. She is also a member of the New York Stocm Exchange Pension Managers Advisory Committee and past president of the boarcd of directors of the Richmond Society ofFinanciap Analysts.
**All Executive profile data providec byDow Jones & Co., Inc.
пятница, 7 декабря 2012 г.
Cincinnati-area firms win Ohio incentives - Business First of Columbus:
vittitowmehigyk1238.blogspot.com
, a maker of marketing simulationn andplanning software, received $1.1 million from the Innovatio n Ohio Loan Fund, at an annua interest rate of 1 percent for the first year and 8 percentr for five years. The Cincinnati-based company will use the loan to develo a new generation of its Emerging Marketplace software and buycomputer equipment. The $2.2 milliojn project is expected to create 36 jobs and retaijn10 jobs. Two localk firms also received Job Creation Tax Creditsd forexpansion projects.
• , a supplier of labeling systems for the beverage was awarded a 45 percenrt tax credit for five years fora $1 milliojn expansion project in The company expects to use the worth about $52,700 over its term, to creater 25 jobs and retain 118. • won a 45 percent job credit, for a six-year term, for a $170,00o expansion project at its regional office The credit is valued atabout $119,750 over its Advantage expects to create 33 positions and retainh 65. The company, headquartered in Spokane, provides energy management consulting services.
, a maker of marketing simulationn andplanning software, received $1.1 million from the Innovatio n Ohio Loan Fund, at an annua interest rate of 1 percent for the first year and 8 percentr for five years. The Cincinnati-based company will use the loan to develo a new generation of its Emerging Marketplace software and buycomputer equipment. The $2.2 milliojn project is expected to create 36 jobs and retaijn10 jobs. Two localk firms also received Job Creation Tax Creditsd forexpansion projects.
• , a supplier of labeling systems for the beverage was awarded a 45 percenrt tax credit for five years fora $1 milliojn expansion project in The company expects to use the worth about $52,700 over its term, to creater 25 jobs and retain 118. • won a 45 percent job credit, for a six-year term, for a $170,00o expansion project at its regional office The credit is valued atabout $119,750 over its Advantage expects to create 33 positions and retainh 65. The company, headquartered in Spokane, provides energy management consulting services.
четверг, 6 декабря 2012 г.
Kim Dotcom granted access to spying records by New Zealand court - The Guardian
ogarawo.wordpress.com
The Guardian | Kim Dotcom granted access to spying records by New Zealand court The Guardian Even though he was a German national, he had been granted New Zealand residency. New Zealand's prime minister John Key has already been forced to publicly apologise for the illegal spying after an earlier court ruled that the search warrants were ... |
среда, 5 декабря 2012 г.
Books to Match Diverse Young Readers - New York Times
raisavydyexuwowi.blogspot.com
Books to Match Diverse Young Readers New York Times Introductory chapter books aimed at second, third and fourth grade readers overwhelmingly reflect a suburban milieu with white protagonists. Students of other races and ethnicities seldom encounter characters like themselves in books, and some ... |
понедельник, 3 декабря 2012 г.
Refi rally for TexasLending.com - Dallas Business Journal:
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As many as 120 loan underwriters, accounting professionals, loan processors, loan closersa and clerical positions payingbetween $30,000 to more than $100,00p a year will be said Kevin Miller, CEO and founder of TexasLending.com. The jobs will be addedr beginning in August and will be phaseed in during the next six to nine he said. The company has 160 employees now, down from 180 at the peak of the Northn Texas housing boom twoyear ago. Low mortgage rates and Miller’d expectation of climbing home sales are spurrinythe company’s growth, he said.
“Wes expect rates to be low for the next year and a then we expect home purchasing to be strong after thatin Texas,” he said. The locakl housing market certainly has a lot of groundto New-home sales in the Dallas-Fort Worth area were down 40% for the firstr four months of the year comparee to the same period in 2008, and sales of pre-ownesd single-family homes were down 24% during that period, accordinv to housing market analyst Davixd Brown, director of the Dallas office of There were 4,191 new-home closingz and 18,442 resales in the area througy April, he said.
Brown expectz 2009 sales to trail year-ago numbers for the remainder ofthe “We do expect to begin to see some modest recovery in terms of transactions beginning in assuming we see the national economu begin to turn around and we see the jobs picturer begin to improve,” he said. Abouy 70% of TexasLending.com’s business today is refinancing, comparedc with 40% to 50% at this time last Miller said. TexasLending.com closes $60 million to $80 million in monthly loan volume now, or abougt $850 million annually, Miller said. With the additional employees, Miller’ds goal is to reach $3 billion to $4 billion in annua l loan volume in the next five he said.
The company provides residential mortgagew loansin Texas, Oklahoma, Florida, Michigan, Missouroi and Colorado, servicing all of them from the Dallae office. For the week ending May 22, mortgage loan applicationm volume nationwide wasup 28.5% compared with the same week one year according to a weekly survey by the Mortgage Bankerz Association. Refinancings made up 69.3% of the mortgages activity. Loan volume in Texas was $11.7 billion in the firstf quarter of this down slightlyfrom $12.
4 billion in according to the Texas Mortgage Bankers Association Mortgage industry employment in Texas fell by more than a 30% from 2007 to but has since stabilized, said Scott vice president of the Texas Mortgage Bankers Association. Norman said he’s heard anecdotally that the surges in refinancings is prompting mortgagr lenders toadd employees, but he did not have specififc industry employment numbers. To make room for new TexasLending.com has signed a lease for 69,000 squarse feet in its existing locationn at 4100 Alpha Road inDallasa — more than triplew the size it currently occupies, said Ben Hautt with the commerciapl real estate firm Stream Realty Partners LP.
Hautt recently left Stream’s Dallaas office to launch the company’d office in Atlanta, whers he is managing partner. TexasLending.com will begin movin g into its expanded space in after the completion of renovations that are nowunder way. Aftef expanding, TexasLending.com will occupy all of the fourth and fifth floor and part of the firsf floor inthe 11-story building, Hautt said. “It’s an expansion, and todau that’s not something you see a lot Hautt said. “They’re thriving in the currengt economy.” The 227,000-square-foot building at 4100 Alpha Road is part of The an 11-building office complex north of Interstate 635 off Midwaty Road.
The asking lease rate for the space isabout $16.5 per square foot. Hautt and Streanm Realty colleagues Ben Sumner and Chad Henningxsrepresented TexasLending.com in the and Buddy Tompkins and Seth Thatched of commercial real estate firm GVA Cawleu represented the landlord. Hautt said TexasLending.com searcher the market before deciding to expans within itsexisting building. Nationwide, not many residentialp mortgage lenders areaddint staff, despite low interest ratex and new federal tax credits for home buyers, said Jim an equities analyst with Morningstar Inc. who followx real estate service businesses.
“Generally, that does buck the It looks like they’re gearint up for a turnaround and they want to get ahead of the said Ryan, who does not folloe TexasLending.com because it is privately held, but commented generallyy on residential mortgage industry conditions. Expanding now could be risky if interesyt rates rise and home sales continueto slide, Ryan Although borrowing costs remain near record lows, interestf rates have risen slightly in recent weeks. The rate increases are likelt to continue if theoverall U.S. economt continues to improve, said Dana Johnson, seniofr vice president and chievf economistfor Dallas-based Comerica Inc.
Even with the slighy uptick in rates, the mortgage industry is likely to see strong activitt as falling prices make homes more Johnson said. In that respect, adding mortgage industry jobs in the next severaol monthsmakes sense, he said. “There was a big pullbackk when a lot of mortgage lenderxs went out of businesse after thesubprime crisis,” Johnsonn said. “I can certainly understand why some peopls would view it as an opportunity to be a strongb player when mortgageactivity
As many as 120 loan underwriters, accounting professionals, loan processors, loan closersa and clerical positions payingbetween $30,000 to more than $100,00p a year will be said Kevin Miller, CEO and founder of TexasLending.com. The jobs will be addedr beginning in August and will be phaseed in during the next six to nine he said. The company has 160 employees now, down from 180 at the peak of the Northn Texas housing boom twoyear ago. Low mortgage rates and Miller’d expectation of climbing home sales are spurrinythe company’s growth, he said.
“Wes expect rates to be low for the next year and a then we expect home purchasing to be strong after thatin Texas,” he said. The locakl housing market certainly has a lot of groundto New-home sales in the Dallas-Fort Worth area were down 40% for the firstr four months of the year comparee to the same period in 2008, and sales of pre-ownesd single-family homes were down 24% during that period, accordinv to housing market analyst Davixd Brown, director of the Dallas office of There were 4,191 new-home closingz and 18,442 resales in the area througy April, he said.
Brown expectz 2009 sales to trail year-ago numbers for the remainder ofthe “We do expect to begin to see some modest recovery in terms of transactions beginning in assuming we see the national economu begin to turn around and we see the jobs picturer begin to improve,” he said. Abouy 70% of TexasLending.com’s business today is refinancing, comparedc with 40% to 50% at this time last Miller said. TexasLending.com closes $60 million to $80 million in monthly loan volume now, or abougt $850 million annually, Miller said. With the additional employees, Miller’ds goal is to reach $3 billion to $4 billion in annua l loan volume in the next five he said.
The company provides residential mortgagew loansin Texas, Oklahoma, Florida, Michigan, Missouroi and Colorado, servicing all of them from the Dallae office. For the week ending May 22, mortgage loan applicationm volume nationwide wasup 28.5% compared with the same week one year according to a weekly survey by the Mortgage Bankerz Association. Refinancings made up 69.3% of the mortgages activity. Loan volume in Texas was $11.7 billion in the firstf quarter of this down slightlyfrom $12.
4 billion in according to the Texas Mortgage Bankers Association Mortgage industry employment in Texas fell by more than a 30% from 2007 to but has since stabilized, said Scott vice president of the Texas Mortgage Bankers Association. Norman said he’s heard anecdotally that the surges in refinancings is prompting mortgagr lenders toadd employees, but he did not have specififc industry employment numbers. To make room for new TexasLending.com has signed a lease for 69,000 squarse feet in its existing locationn at 4100 Alpha Road inDallasa — more than triplew the size it currently occupies, said Ben Hautt with the commerciapl real estate firm Stream Realty Partners LP.
Hautt recently left Stream’s Dallaas office to launch the company’d office in Atlanta, whers he is managing partner. TexasLending.com will begin movin g into its expanded space in after the completion of renovations that are nowunder way. Aftef expanding, TexasLending.com will occupy all of the fourth and fifth floor and part of the firsf floor inthe 11-story building, Hautt said. “It’s an expansion, and todau that’s not something you see a lot Hautt said. “They’re thriving in the currengt economy.” The 227,000-square-foot building at 4100 Alpha Road is part of The an 11-building office complex north of Interstate 635 off Midwaty Road.
The asking lease rate for the space isabout $16.5 per square foot. Hautt and Streanm Realty colleagues Ben Sumner and Chad Henningxsrepresented TexasLending.com in the and Buddy Tompkins and Seth Thatched of commercial real estate firm GVA Cawleu represented the landlord. Hautt said TexasLending.com searcher the market before deciding to expans within itsexisting building. Nationwide, not many residentialp mortgage lenders areaddint staff, despite low interest ratex and new federal tax credits for home buyers, said Jim an equities analyst with Morningstar Inc. who followx real estate service businesses.
“Generally, that does buck the It looks like they’re gearint up for a turnaround and they want to get ahead of the said Ryan, who does not folloe TexasLending.com because it is privately held, but commented generallyy on residential mortgage industry conditions. Expanding now could be risky if interesyt rates rise and home sales continueto slide, Ryan Although borrowing costs remain near record lows, interestf rates have risen slightly in recent weeks. The rate increases are likelt to continue if theoverall U.S. economt continues to improve, said Dana Johnson, seniofr vice president and chievf economistfor Dallas-based Comerica Inc.
Even with the slighy uptick in rates, the mortgage industry is likely to see strong activitt as falling prices make homes more Johnson said. In that respect, adding mortgage industry jobs in the next severaol monthsmakes sense, he said. “There was a big pullbackk when a lot of mortgage lenderxs went out of businesse after thesubprime crisis,” Johnsonn said. “I can certainly understand why some peopls would view it as an opportunity to be a strongb player when mortgageactivity
воскресенье, 2 декабря 2012 г.
Associated Wholesale Grocers' shopping bags $350M growth - Triangle Business Journal:
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The Kansas City, Kan., grocery wholesalerr will buy about $9 million worthb of assets — mostly inventory from estimated the annualrevenue increase. Just aftere Affiliated Foods filed for Chapter 11 bankruptcyh onMay 5, AWG started supplying many of the 400 independengt grocery stores the Little Rock, cooperative serviced. Affiliated Foods serviced supermarketsin Louisiana, Mississippi, Oklahoma, Tennessee and Texas. AWG will supply the storeds from its existing distribution centersin Mo.; Oklahoma City; Memphis, Tenn.; and Fort Texas. Industry observers said the deal lets AWG penetratw deeper in markets where it alreadhy hasdistribution channels.
“That’ws a natural move for said David Livingston, a grocery industry “They already supply a lot of storez in thatgeneral area, and it overlapd in some of the areas wherde they distribute. It’s one less AWG also will help Affiliated Foods sell off or close 22 storedsit operates, mostly and Piggly Wiggly locations in Texasd and Arkansas. Affiliated Foods spokesman Al Milledr said AWG picked up several common brands italready distributed, such as , Colgatee and .
“AWG’s resources will be focuser on providing the retailers a smooth transitiohn with little disruption in product AWG CEO Jerry Garlan said in a written AWG swooped in and beat out anotheer bidder to buy Affiliated assets once it became clear itface bankruptcy, according to court Affiliated Foods had said as earlu as March 14 that it was exploring reorganization after hitting cash-flos problems. Miller said Affiliated Foods normally fillecd 97 percent ofits customers’ orders but just beforre the bankruptcy filing fell into into the 60 percenrt to 70 percent range.
Normally, Chapter 11 bankruptciess protect companies from creditors whilethey reorganize, but Affiliatex Foods’ filing is designed to liquidate assets. Mark a Cleveland lawyer representing several said AWG’s $9 million payment will do littlre to cover the money owed creditors. Affiliated Foods, whicj had $730 million in revenue in 2008, listedx $101.4 million in liabilitiesd in its filings. AWG reported recordr revenue in 2008, with $6.85 billion in net a 20 percent increase from thepreviouz year.
The Kansas City, Kan., grocery wholesalerr will buy about $9 million worthb of assets — mostly inventory from estimated the annualrevenue increase. Just aftere Affiliated Foods filed for Chapter 11 bankruptcyh onMay 5, AWG started supplying many of the 400 independengt grocery stores the Little Rock, cooperative serviced. Affiliated Foods serviced supermarketsin Louisiana, Mississippi, Oklahoma, Tennessee and Texas. AWG will supply the storeds from its existing distribution centersin Mo.; Oklahoma City; Memphis, Tenn.; and Fort Texas. Industry observers said the deal lets AWG penetratw deeper in markets where it alreadhy hasdistribution channels.
“That’ws a natural move for said David Livingston, a grocery industry “They already supply a lot of storez in thatgeneral area, and it overlapd in some of the areas wherde they distribute. It’s one less AWG also will help Affiliated Foods sell off or close 22 storedsit operates, mostly and Piggly Wiggly locations in Texasd and Arkansas. Affiliated Foods spokesman Al Milledr said AWG picked up several common brands italready distributed, such as , Colgatee and .
“AWG’s resources will be focuser on providing the retailers a smooth transitiohn with little disruption in product AWG CEO Jerry Garlan said in a written AWG swooped in and beat out anotheer bidder to buy Affiliated assets once it became clear itface bankruptcy, according to court Affiliated Foods had said as earlu as March 14 that it was exploring reorganization after hitting cash-flos problems. Miller said Affiliated Foods normally fillecd 97 percent ofits customers’ orders but just beforre the bankruptcy filing fell into into the 60 percenrt to 70 percent range.
Normally, Chapter 11 bankruptciess protect companies from creditors whilethey reorganize, but Affiliatex Foods’ filing is designed to liquidate assets. Mark a Cleveland lawyer representing several said AWG’s $9 million payment will do littlre to cover the money owed creditors. Affiliated Foods, whicj had $730 million in revenue in 2008, listedx $101.4 million in liabilitiesd in its filings. AWG reported recordr revenue in 2008, with $6.85 billion in net a 20 percent increase from thepreviouz year.
суббота, 1 декабря 2012 г.
Medford man pleads guilty in charity fraud case - Boston Business Journal:
houghtalingbaemo1268.blogspot.com
Brandon Seeley, 21, pleaded guilty to charges of larceny over attempted larceny, conspiracy to commit larceny over $250, grossz fraud and deceptive professional solicitatiob practices, said the attorney general’s Superior Court Judge Sandras Hamlin sentenced Seeley to serve 2 1/2 years in prison, with the sentence suspended for five years. This follows co-defendant, Georgd Borden, age 53, of Quincy, who pleadedc guilty in Middlesex Superiort Court on June 3 tosimilar charges. Thre e other co-defendants have also been charged in connection with this case and theirf cases arestill pending.
The attorney generalp began investigating this case in 2006 aftee receiving a number of Investigators determined that betweejn August 2006 andJanuary 2008, Brandojn Seeley and other telemarketerxs from his father’s professional fundraising organization, CMR Marketing in Medford, allegedlyu engaged in fraudulent fundraising telemarketing schemes to raise money for two charities — Veteran’s , Fla., and the Retiree Boston Police Officers Association, a retired police officersd organization. Authorities allege that much of the moneyg given by donors never made it to the veteranz and retired police officers it was intendedcto benefit.
In addition, authoritiess allege that, in total, more than 1,0090 donors were defrauded and morethan $100,000 in donations were misappropriated. In a separate case, the attorne general’s office obtained two separate preliminary injunctions related to a lawsuit against Florida charity Disabled PoliceOfficeras , its president and its professional Among other things, the preliminarh injunctions restrain them from engaging in deceptivw practices and from destroying or altering recordsa while the civil lawsuit is pending. The preliminary injunctions related to a civil lawsuit filed May 20 in Suffolok Superior Court againstthe defendants.
The lawsuit charged the defendants misled potential donors into believin g that fundraisers were volunteers calling on behalvf of local disabled police The lawsuit also alleges that the defendantes did not disclose their status asprofessional fundraisers, did not disclosee the charity’s Florida address and did not file fundraising report for their fundraising campaigns, required by law. The lawsuigt also alleges the professional solicitors working for Disabled Police Officeres Counseling Center failed to disclose to potential donors theier status as professional fundraisers who are paid by charitablew organizations to solicit the publicfor
Brandon Seeley, 21, pleaded guilty to charges of larceny over attempted larceny, conspiracy to commit larceny over $250, grossz fraud and deceptive professional solicitatiob practices, said the attorney general’s Superior Court Judge Sandras Hamlin sentenced Seeley to serve 2 1/2 years in prison, with the sentence suspended for five years. This follows co-defendant, Georgd Borden, age 53, of Quincy, who pleadedc guilty in Middlesex Superiort Court on June 3 tosimilar charges. Thre e other co-defendants have also been charged in connection with this case and theirf cases arestill pending.
The attorney generalp began investigating this case in 2006 aftee receiving a number of Investigators determined that betweejn August 2006 andJanuary 2008, Brandojn Seeley and other telemarketerxs from his father’s professional fundraising organization, CMR Marketing in Medford, allegedlyu engaged in fraudulent fundraising telemarketing schemes to raise money for two charities — Veteran’s , Fla., and the Retiree Boston Police Officers Association, a retired police officersd organization. Authorities allege that much of the moneyg given by donors never made it to the veteranz and retired police officers it was intendedcto benefit.
In addition, authoritiess allege that, in total, more than 1,0090 donors were defrauded and morethan $100,000 in donations were misappropriated. In a separate case, the attorne general’s office obtained two separate preliminary injunctions related to a lawsuit against Florida charity Disabled PoliceOfficeras , its president and its professional Among other things, the preliminarh injunctions restrain them from engaging in deceptivw practices and from destroying or altering recordsa while the civil lawsuit is pending. The preliminary injunctions related to a civil lawsuit filed May 20 in Suffolok Superior Court againstthe defendants.
The lawsuit charged the defendants misled potential donors into believin g that fundraisers were volunteers calling on behalvf of local disabled police The lawsuit also alleges that the defendantes did not disclose their status asprofessional fundraisers, did not disclosee the charity’s Florida address and did not file fundraising report for their fundraising campaigns, required by law. The lawsuigt also alleges the professional solicitors working for Disabled Police Officeres Counseling Center failed to disclose to potential donors theier status as professional fundraisers who are paid by charitablew organizations to solicit the publicfor
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