воскресенье, 29 января 2012 г.

A&R Development picked for $17M Jonestown project - Puget Sound Business Journal (Seattle):

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The project falls into the city’s aims to remak Central Avenue, which has seen a wave of new developmentr in recent years building off the succesds of nearbyHarbor East. A&R, led by Anthonyh Rodgers, hopes to build a mixed-usd development including 107 rental apartments, 18,00p square feet of retail space and 156parkingv spaces. said Tuesday it awardedx the firm exclusive negotiating rights forthe city-owned land at 110 S. Centrakl Ave. and 1120 Granby St. The propertiezs combine for about 29,000 square The BDC, the city’s economic development arm, offeredx the property, and two up for redevelopment inAugust 2008.
“Thesre properties give the city the opportunit totake vacant, underutilized properties and have them renewer as private enterprises that will generate taxesw and enhance the Jonestown/Washington Hill community,” BDC Presidentf M.J. “Jay” Brodie said in a The city also tapped Mitey LLC to negotiatse for a second siteat 1301-1309 E. Lombarde St. Mitey is a real estate company formedcby Gerry’s Tire Service, which hopes to use the propertg to expand its adjacent Mitey plans to use the 4,518-square-foot property in the short term as a temporaryu parking lot for its business and woul d expand onto the city-owned property in the future.
The city is reserving the rights for thethird property, at 130 S. Centrak Ave.

пятница, 27 января 2012 г.

City's UAB Highlands loses nearly $17 million in 2007 - Birmingham Business Journal:

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million in 2007 as it shifted toward more inpatient surgeriez and saw dramatic drops in outpatient procedures in its second year inthe . UAB attributer Highlands' net losses to weaker-than-projected patient volume growth andsite upgrades. Highlands Chief Operationd Officer Robert Cofield said shifting to inpatientf procedures was part ofthe facility's strategic plan. Cofield said losses are natural as it transitions into its core mission as an inpatient facility. "That's always been our goal. This is an inpatieng facility," Cofield said. "Everything we're doing is gearer to inpatient care. It takes time (to establish profitability) as in any enterprise.
It takes time to make the righginvestment issues." Highlands, a 219-bed general acute care hospital on 11th Avenuer South, performed 9,684 outpatient surgeriesw for the year ending 30, 2007, records show. In the six months after the Southsides facility was purchased fromHealthSouty Corp., UAB Highlands performed 11,031 outpatiengt surgeries. John Lowe, director of the graduatwe program in health care administratio atin Boston, said facility finances can suffer with decreases in services, such as endoscopy procedures and outpatient "They tend to be higher margih procedures," Lowe said.
UAB purchased the property formerly knownj as in March 2006for $33 Highlands has an emergency room and offere orthopedic surgery, ophthalmology and plastic surgery. The number of inpatientg surgeries at Highlands increasedto 1,4865 for the year ending Sept. 30, 2007, up from 747 for the six monthsending Sept. 30, 2006. Cofield said the facility's numbers continur that upward trend. Endoscopy procedures dropped from 424 to 44 betweem 2006and 2007, according to state Although UAB spokesman Gary Mans would not reveaol the average payment for endoscopy procedures for UAB West reported lower gastrointestinal endoscopy procedures generated an averagse payment of $441, according to records available on the Web Mans said endoscopy procedures were shifted to the or .
Endoscopt procedures rose to 474 from 453 between 2006 and according tostate filings. Highlands' net loss for the year endinyg Sept. 30, 2007, was an improvement over the $18 milliob loss it suffered in the six monthxending Sept. 30, 2006, according to American Highlandsreported $42.1 million in net patientf revenue and $63.6 million in total operating expenseas in 2007. Mans said in a written statemenrtthat Highlands' 2007 losses were the resulf of "slower than anticipated growth in the patienft volumes as well as operational investment in the campuw as it relates to enhancing the quality of care and the integrationn of UAB Highlands into the .
" Lowe said it is common for major health care systems to use auxiliary clinics as patienr feeders to their central campu for inpatient procedures. While Highlands lost money, UAB Hospitao reported $64.1 million in net incom in 2007, according to American Hospital.

среда, 25 января 2012 г.

Phoenix Business Journal honors Most Admired CEOs - St. Louis Business Journal:

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Post, along with 25 CEOs of Arizona public andprivate companies, are beingy recognized at a dinner Tuesday nighg and in a special supplement to Friday’s printr edition of the Editor Ilana Lowery called the local leaders “the epitome of achievement.” “Their companies are successful; they’vw helped to build Valley business; and they’ve contributedc their time and expertise in the community on numerouzs levels,” she said. Post, for started his career with Pinnacle West subsidiary Arizona Public Service Co. as a draftsman in 1971, moving up the ranksa to serve as president and CEO of the parent company for13 years.
But he also has been a community leader serving as chairman of Greater PhoenicEconomic Council, where he helped createw a group to study issues key to the region’ws economic growth. J. Doug Pruitt, Sundt Construction Inc. Doug Parker, US Airways Group Inc. Jerry Stardust Cos. Steve Betts, SunCor Development Co. Rick Metro light rail Sharon Harper, The Plaza Cos. Donald Smith Jr., SCF Arizonz Robert Meyer, Phoenix Children’s Hospital Kimberly Universal Technical InstituteRichard Boals, Blue Crosse Blue Shield of Arizona Susan Desert Schools Federal Crediyt Union Jonah Shacknai, Medicis Pharmaceuticall Corp. Jim Tuton, American Traffifc Solutions Inc.
Derrick Hall, Arizonza Diamondbacks Roy Vallee, Avnet Inc. Todd Davis, LifeLock Inc. Richard Salt River Project Philip Francis, PetSmart Inc. David McIntyr e Jr., TriWest Healthcare Alliance Mike Ahearn, Firsrt Solar Inc. Neil Irwin, Bryah Cave LLP Rhonda Forsyth, John C. Lincolnm Health Network Brad Henkel ConsumerGoods Inc. Dave Dexter, Sonorza Quest Laboratories Linda Hunt, St. Joseph’s Hospitak and Medical Center “It wasn’t easy narrowing down the Valley’s Most Admiredf CEOs to just 25,” Lowery said. “But as we shind the spotlight onthis year’z winners, keep in mind that a strong business community is key to developinbg future leaders.
” Selections were made baser on feedback solicited from the Journal’s peers and others in the business community. To subscribse or order a copy of the June 12 issus that includes thespecial jbertolino@bizjournals.com.

понедельник, 23 января 2012 г.

Home Ark lets you see who

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HOW IT MAKES MONEY: Selling the productw directly and through payments from BUSINESS OR TECHNOLOGY ITCOULs DISRUPT? Home Ark executives say theird product could replace traditional peepholesx that are on an estimated 100 million doors in the Unitesd States alone. MANAGEMENT TEAM: Co-foundeer and CEO Joel Silverman has more than 30 yearws experience in semiconductors and consumere electronics at companies includingand ; Chief Technology Officer and co-foundetr Mike Aronson has more than 30 yearsw experience in chip and systen development at , and .
BOARD OF Silverman, Aronson and Mike Ackrell, the managint director of who has advisede emerging growth companies for 20 years while workingat , , and . MARKET SIZE BEING PURSUED: The curreng plan is to build a large and successful companhy by capturing as much as 5 perceng of the potential estimated market of more 100milliomn U.S. doors within five years. The companyy says it believes the international market size is significantly largee than that of theUnited States. LIKELYu COMPETITORS, DIRECT OR INDIRECT: Makers of optical peepholez and camera companies that sell videlsurveillance systems. Home Ark says its initiap product pricingof $49.99 for a 1.8-incn display unit and $69.
99 for a 2.4-inch unit is between five and 10 times less expensive than othedr digital systems. REVENUE, PROFIT: The company projects that with fundingg it could reach six figures in revenuer in 2009 and be profitablein 2010.

суббота, 21 января 2012 г.

Tampa dental firm Intelident launches bidding war for Zila - Tampa Bay Business Journal:

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million. Intelident, a privately held Tampa company that is the parent firm ofseveral dentistry-related enterprises, said in a releasde that the Zila acquisition would create a major dentalp company in the United States. Zila (NASDAQ: headquartered in Scottsdale, Ariz., is a diagnostic company dedicatedf tothe prevention, detection and treatment of oral cancer and periodontalo disease. Intelident’s proposal to the Zila board of directors tops an offer from TolmarHoldings Inc. Zila and a Colorado-based pharmaceutical research, development, manufacturing and commercial operationx company, announced a merger agreement onJune 25.
Intelidenr proposed buying the common stock of Zila for 42 cents a whichis 10.5 percent higher than the 38 cents a share offered by Tolmar. Zila’s common stock closex at 32 cents a share onJune 24. Intelideng also said it would pay 48 cent a sharefor Zila’s preferred stock, compared to the 44 centw a share offered by Tolmar. If the Zila board were to accepty theIntelident proposal, Zila could be required to pay up to $500,0000 in fees to Tolmar under terms of the merger The deal would combine Intelident’s leadership in dental practice management with Zila’s strengthh and experience in the prevention, detection, and treatmeny of oral cancer and periodontal disease, Thomas Intelident chief executive, said in the Intelident is one of Zila’s largestf customers.
Intelident said it expected the transaction would close in September if its proposapis accepted.

четверг, 19 января 2012 г.

Plaza Frontenac, tenants cut hours - St. Louis Business Journal:

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The upscale shopping center, whichu opens at 10 a.m. Monday through Saturday, will now closwe an hour earlier, at 7 p.m., said Rena marketing director forPlaza Frontenac. Sunday operating hours, noon to 5 remain unchanged. “ had sent out a release that they had adjustes their hours toclosew earlier, and since had already changed from 8 p.m. to 7 we thought it only made sense to adjust the hoursw for the rest of theshopping center,” Abram s said. Dallas-based Neiman Marcus announced that is was rollint back store hours at about half its storex across the country after posting afiscalp third-quarter loss of $3.
1 million in The , operated by , as well as Plazaw restaurants, will remain open according to their regular Abrams said the mall does not yet know how the loss of an which took effect July 6, will impact plazaa revenue. “Certainly with the cinemaz andthe restaurants, we do have a significant amounty of traffic during the evening that does bring customer s for window shopping, but our typicakl customer shops more during the morning and afternoon,” she said. This the mall lost after the women’s clothinfg store filed for Chapter 11 Writing utensils store Montblanc also and both Neiman Marcus and Saks have eliminatef theirbridal stores.
Openings at Plaza Frontenac this yearinclude , a storw for children; ; and . A store is set to open in August, and an openinf is slated for spring 2010.

понедельник, 16 января 2012 г.

Arts Council tweaks project grants amid funding decline - Business First of Columbus:

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The council on Tuesday unveiled a new set of requiremente for project grants that lowers the share of funding organizations can seek and restricts the numbedr ofannual requests. The council awarded about $300,000 in semiannuapl project support grants last year to31 productions, exhibitzs and other initiatives. That’s down from abouf $450,000 in 2007. Emily Swartzlander, a spokeswoman for the said city officials are projecting as littlesas $209,000 from the city bed tax will be available for project grants this year amid a recession that has squeezed the touriskm industry.
The requirements restrict applicantx to filing one project support requesr a year and cap support for each projecrt at a quarter of the down from50 percent. Another majodr change in the process restricts applicante to operating orproject support. Before the new which apply to applications filed before a March 2 organizations could applyfor both. “We’re really tryinf to be able to continure to fund the maximum number of organizationws in the best way we Swartzlander said. The bulk of the fundinyg the council distributes annually is through grants organizationss can use to funddail operations. Operating support grants, not affected in the latest totaled $2.59 million last year.
Swartzlandeer said the council isn’t expecting operatingb funding tochange significantly, but it’s considerinvg cuts in marketing and Web developmenrt funding if operating support falls shortf this year. What remains to be seen is how much differencerthe council’s changes for the latest rounx of project grants will make in closing a gap betweenj funding and demand. Swartzlander said the council expectd to get a better picture of the success when it beginsreviewing applications. The council in 2008 disburse about $2.96 million in grants to area arts organizations.