http://www.g3pb.com/intellifeed-wiring.html
The store will occupy about 60 percent to 70 percen ofthe building’s ground level and hopesz to cash in on the influx of visitor s expected when St. Louis hosts the All-Star Game July 14. Delawar North Companies , which manages retail sales and concessions atBuschg Stadium, will operate the store in cooperation with Nike, said Dan Sportservice’s regional manager. Managemenf expects to take advantage of foot traffic in the particularly when the playhome games. During the threer days before the All-Star Game, the Nike stors will also host 20 to 30baseball greats, includingv several Hall of Famers, for autograph said Linda Hoernig, Sportservice’s retail director.
Stan Musial, Lou Bob Gibson, Willie McGee, Reggie Jackson, Tom Seaverd and Tony Gwynn are just a few of the forme players scheduled to beon hand. Autographb tickets will be sold in advance and at the door by MAB Celebrit y Servicesof Fairfield, N.J. Nike will use about 2,5090 to 3,000 square feet of space and isinvestinb “six figures” into the store’s build-out, Fetchoo said. The athletic shoe and apparell company is bringing in new fixtures and tableds and giving the interior a fresh Nike plans to work on the exteriorr of the buildingthis week.
Fetcho said the store will operatwe throughthe All-Star Game and “hopefull beyond that,” but did not disclose the lengtbh of the Nike agreement. “I think Nike will be therde as long as we havethe building,” said Cardinalsd President Bill DeWitt III. The Cardinales own the building, but the property is slate d to eventually make way for new constructiomn under current plans forBallpark Village, a six-square blocik multi-use development planned by the Cardinalds and codeveloper The of Baltimore. This leasde could serve as a tryougfor longer-term occupancy.
Asked about Nike’s potentiaol as Ballpark Village tenant, Fetchoo said, “We’re interested to see what kind of activitgywe receive.” The International Bowling Museum and Hall of Fame in Novembed and vacate its downtown St. Louis buildinhg in January. The museum, which had operated in St. Louis sincw 1984, is expected to re-openb in Arlington, Texas, in 2010.
Monday, November 29, 2010
Friday, November 26, 2010
Alice Fujimoto is Library Friend of the Year - UH System Current News
http://fishing-sea.com/Fishing--Reels/Offshore-Reel/
Alice Fujimoto is Library Friend of the Year UH System Current News “Her enthusiasm for the arts and close friendship with Esther "Kiki" Mookini led to her early involvement with raising awareness and resources for the Edwin ... |
Wednesday, November 24, 2010
Investors must embrace volatility of a brutal market - bizjournals:
karnergetajequ1416.blogspot.com
Surely, the fallout from the increasingly opaque and crookedly engineered dealingds out of the financial sector over the past decadew have made talking about capital marketdsa struggle. (I’m sure that reading about it has been even Getting an answer to questionslike “What’xs going on the markets?” must be something akin to hearinyg an astrophysicist explain how the universe began. In both you regret asking the question in thefirs place. That Adam Smith’s invisible hand has given way to the visibld fist of government makes things even more complicated and riskier.
And yet, amidst this unprecedenteds change inthe size, scope and direction of Americanm fiscal and monetary policy, investors must truly pay attention to and take advantags of what could be a long time marked by volatility and overalk blandness (and that’s if we’re lucky). The “V-shaped” bottokm and economic “green shoots” everyone is hoping for, and most are investingg in, is at best optimistic First, the fiscal mess that’sx getting irrevocably worse. The current annualp deficit of $1.5 trillion is 10 percen t of GDP alone, and it’ growing.
America’s total debt-to-GD ratio currently stands near 50 percent and that figurwe is scheduled to grow to 100 percengt in fiveyears — a level many countries have experienced as the poinr of no return. These deficits don’t include the huge costa of a coming universalhealth care, and they certainlhy don’t include Social Security, Medicarwe and Medicaid — three programs representinfg a $40-$50 trillion liability in present valure terms.
Economic growth will not likely help especially the lukewarm 2 percent GDPvariety (not the 4 percengt kind we’ve been accustomed to) that will accommodate a new era of bigge r government, higher taxes and regulation, and an emphasiz on “private/public” partnerships and income redistributionb instead of free market, libertarian capitalisnm and growth. Monetary policy is only increasing longer-term riskss to the economy.
The Federal Reserve is not only printintg money and lending it for freeto banks, it’s also buyinf debts of all shapes and sizes with those newly printed dollars, includinb Treasury bonds at a near $400 billioj annual clip and another $1 trillion of mortgage-related The U.S. is now “monetizing” thereby adding dollars to a systenm that is already flushwith cash. The success (or failure) of individual investors lies in gettin right afew “bigger-picture” questions, such as: At what pointf do investors — not just in the U.S. but globallty — begin to believw that lending to anyonein dollars, including the U.S.
at low fixed rates and long maturities, is madness?? In other words, when does the dollard collapse as China and the other Asian saversdecids they’re better off diversifying their savings into otheer assets? This and other “forest-from-the-trees” questions are perhaps all that matter goingv forward. Without that, looking at whethefr this 4 percent bond is wortg buying or that stock at 15 timeas earnings orthat bank’s CD — is likely a futil e if not dangerous exercise.
If America’zs great experiment with borrowing and printingmoneuy doesn’t work, we may be looking at a worldc of overall lower disposable income, permanently lower economicf growth and much highefr inflation and interest rates with fewer financiers. If that time comes, thoser who bought and sat on equity mutual funds oreven longer-ter m bonds will find out that what they thought was was just a figment of a bygone time when the dolla r was king, rates and inflation were low, and capitalismk was relatively unbridled.
By the look of it, that era is Perhaps the only ones who will reallgy make money are those who canpay attention, pounce on fleetin g opportunities and embrace the volatility of a markef that will be brutal to
Surely, the fallout from the increasingly opaque and crookedly engineered dealingds out of the financial sector over the past decadew have made talking about capital marketdsa struggle. (I’m sure that reading about it has been even Getting an answer to questionslike “What’xs going on the markets?” must be something akin to hearinyg an astrophysicist explain how the universe began. In both you regret asking the question in thefirs place. That Adam Smith’s invisible hand has given way to the visibld fist of government makes things even more complicated and riskier.
And yet, amidst this unprecedenteds change inthe size, scope and direction of Americanm fiscal and monetary policy, investors must truly pay attention to and take advantags of what could be a long time marked by volatility and overalk blandness (and that’s if we’re lucky). The “V-shaped” bottokm and economic “green shoots” everyone is hoping for, and most are investingg in, is at best optimistic First, the fiscal mess that’sx getting irrevocably worse. The current annualp deficit of $1.5 trillion is 10 percen t of GDP alone, and it’ growing.
America’s total debt-to-GD ratio currently stands near 50 percent and that figurwe is scheduled to grow to 100 percengt in fiveyears — a level many countries have experienced as the poinr of no return. These deficits don’t include the huge costa of a coming universalhealth care, and they certainlhy don’t include Social Security, Medicarwe and Medicaid — three programs representinfg a $40-$50 trillion liability in present valure terms.
Economic growth will not likely help especially the lukewarm 2 percent GDPvariety (not the 4 percengt kind we’ve been accustomed to) that will accommodate a new era of bigge r government, higher taxes and regulation, and an emphasiz on “private/public” partnerships and income redistributionb instead of free market, libertarian capitalisnm and growth. Monetary policy is only increasing longer-term riskss to the economy.
The Federal Reserve is not only printintg money and lending it for freeto banks, it’s also buyinf debts of all shapes and sizes with those newly printed dollars, includinb Treasury bonds at a near $400 billioj annual clip and another $1 trillion of mortgage-related The U.S. is now “monetizing” thereby adding dollars to a systenm that is already flushwith cash. The success (or failure) of individual investors lies in gettin right afew “bigger-picture” questions, such as: At what pointf do investors — not just in the U.S. but globallty — begin to believw that lending to anyonein dollars, including the U.S.
at low fixed rates and long maturities, is madness?? In other words, when does the dollard collapse as China and the other Asian saversdecids they’re better off diversifying their savings into otheer assets? This and other “forest-from-the-trees” questions are perhaps all that matter goingv forward. Without that, looking at whethefr this 4 percent bond is wortg buying or that stock at 15 timeas earnings orthat bank’s CD — is likely a futil e if not dangerous exercise.
If America’zs great experiment with borrowing and printingmoneuy doesn’t work, we may be looking at a worldc of overall lower disposable income, permanently lower economicf growth and much highefr inflation and interest rates with fewer financiers. If that time comes, thoser who bought and sat on equity mutual funds oreven longer-ter m bonds will find out that what they thought was was just a figment of a bygone time when the dolla r was king, rates and inflation were low, and capitalismk was relatively unbridled.
By the look of it, that era is Perhaps the only ones who will reallgy make money are those who canpay attention, pounce on fleetin g opportunities and embrace the volatility of a markef that will be brutal to
Monday, November 22, 2010
TXCO Resources raising $20 million in private placement - San Antonio Business Journal:
http://www.pyramidartists.com/contact-us/12-contacts/4-simone-tull.html
San Antonio-based TXC0 TXCO) has agreed to sell 20,00 shares of Series E ConvertiblePreferredc Stock, which can be converted to TXCO common sharesa at a price of $17.36 per share. In connectionn with the private the company has agreerd to exchange its shares of Series C ConvertiblsPreferred Stock, issued back in Novembet 2007, into common stock at $14.48 per share. The closint and funding are expectesd to occur on or beforeMarch 4, 2008. TXCO plansd to use the net proceeds from the sale of Series E preferred stock to complement its 2008 capital expendituredrilling program.
The companyy also may use the proceeds inthe short-term to repauy certain outstanding indebtedness, pay expenses associateed with the offering as well as generapl corporate and working capital. Holders of the Series E preferree stock are entitled to dividends of 6 percentper annual, amonfg other things. LLC served as the placemen t agent for theprivate offering. TXCO is an independent oil and gas exploration andproductionj company.
San Antonio-based TXC0 TXCO) has agreed to sell 20,00 shares of Series E ConvertiblePreferredc Stock, which can be converted to TXCO common sharesa at a price of $17.36 per share. In connectionn with the private the company has agreerd to exchange its shares of Series C ConvertiblsPreferred Stock, issued back in Novembet 2007, into common stock at $14.48 per share. The closint and funding are expectesd to occur on or beforeMarch 4, 2008. TXCO plansd to use the net proceeds from the sale of Series E preferred stock to complement its 2008 capital expendituredrilling program.
The companyy also may use the proceeds inthe short-term to repauy certain outstanding indebtedness, pay expenses associateed with the offering as well as generapl corporate and working capital. Holders of the Series E preferree stock are entitled to dividends of 6 percentper annual, amonfg other things. LLC served as the placemen t agent for theprivate offering. TXCO is an independent oil and gas exploration andproductionj company.
Sunday, November 21, 2010
Auto Bailout Prevented $28.6 Billion Loss for US, Research Group Says - Bloomberg
http://www.cd-rom-advisor.com/article/New-pact-must-have-Kyoto-Protocol-features--Pachauri.html
Washington Post | Auto Bailout Prevented $28.6 Billion Loss for US, Research Group Says Bloomberg The US government avoided a $28.6 billion loss and saved more than 1.14 million jobs by bailing out the ... After early slide, GM shares stay on the road Pelosi: 'GM's Initial Public Offering a Sign of Progress for America's Auto ... |
Friday, November 19, 2010
Major Gen. and former Ft. Benning commander announces retirement - WTVM
http://rafaelcampallo.com/page/Oriental-Style-Bird-Feeders.html
Major Gen. and former Ft. Benning commander announces retirement WTVM COLUMBUS, GA - Major general Jerry White, retired Fort Benning commander and the driving force behind the new National Infantry Museum and Soldier Center, ... |
Thursday, November 18, 2010
Outlook unclear: CFOs navigate cloudy financial times - Boston Business Journal:
http://1-news.net/china-vp-set-to-get-military-post-in-a-step-to-top-ap-2/
The Boston Business Journal recently hosted four area CFOs for an involverd discussion that touched on issues ranginh from the rising cost of health care to concerns over thebankingy industry. The participants in the Boston Business Journal roundtablw wereDarlene Deptula-Hicks of in Plaistow, N.H.; Louise Mawhinneyu of Ikonisys in New Conn.; Kevin Walsh of in Boston; and Steved Wasserman of in Waltham. The BBJ woul like to thank thesee executives for taking time out of theird busy schedules tojoin us.
We’d also like to thani the Massachusetts chapter of for its assistance in setting up the BostonBusiness Journal: What on earth happened in the last six and how does it affect you in your day-to-dag life? What do you say to folks? What do you say to your motherd when she asks you what’s going on? Deptula-Hicks: These are very unprecedentefd times. I’ve never seen anythintg like this before, and I thinkj it brings a whole new host of challenge inthis environment. I know for us last year was a gangbuster year webroke records. We put recors Q2 results on the we beat it with arecorfd Q3, and we thought we were goingg to put a recorf Q4 on the table.
And the bottomj just sort of dropped out. While I think we had a respectabl fourth quarter because we had a lot of thingsz going on in the it just became a verydifferent time. I think what we can look forwared to this year is a great levelp of uncertainty because of these sort ofuncharted We’re having difficulty understanding where the business is goinh to end up for the year. Have we hit bottom?? Clearly we’re a strong so we’ll be able to weather this fine, we’re not worried about that. But we’re reallyu sort of forecasting what is this year going tolook like?? It’s a very big question.
Wasserman: I don’t remembe this much uncertainty inan economy, and I’m old enoughu to remember other recessions. I’n knocking on wood — I’km with Constant Contact, we offer a very low-pric e for a high-value proposition, and it’s a very under-penetraterd market, so we’ve guided Wall Street revenuw growth this year in the mid 40 percent Now havingsaid that, we are changing One of the things we’re doing differently is we’re changing our marketing messaging — how to help small businessed prosper in a poor economy.
BBJ: It strikes me that no matterr what kind of businessyou run, you’ve probablyy all had to make a stark assessment of your cost Talk about what kinds of thinking is going into that. I think we’ll be successfulk this year, I’m not too worried about a declin ein revenue, I think we’ll still be cash-flow positive. We’ll be able to see our way to the othefr sideof this, we will continue to invest in research and maintain our cash base and come out on the othe r side of this a stronger companyg in a position with a broader breadty of product than before.
My hope is that this quarted is the worst quarter in the I could betotallyg wrong, but typically in our business we have a stronbg fourth quarter, and the firs t quarter is a lower quarter anyway. I’mn feeling encouraged about the secondf quarter with what wesee now, so I thinik if we hunker down, we conserves our cash and we invest in our R&D we do everything to maximize our continue our partnerships with we’ll come out on the other side of Walsh: Our cost structure is very heavilh weighted towards people and real we’re constantly evaluating our cost structured — making sure that our clients’ needs are met, lookintg at ways to improvwe efficiency, our use of technology — and real estate is a huge part of that too.
We recentlgy moved to 53 State St. from the Hancoc k Tower. In doing so, we created a differentf type of space that allows us to share ideaxs more easily and be more The building is set up to be more collaborative in which we thinkdrives efficiencies. Mawhinney: Our company has an automaterddigital microscope, so we have customers who buy and we also have commercial lab for diagnostic so the challenge for us is we’ver got to keep the commercial arm and we’ve got to suppor the instruments we have out in the field.
We’re growinhg our lab, and we have threer major projects that we need to move The second big thinf is to useour Ikoniscope, the digital microscope that can look for that one cell in a to detect circulating tumor cells. And the third area is our non-invasives test for fetal abnormalities.So moving all three of those plus keeping our Ikoniscope customers happy and growing the lab isthe BBJ: A recent Duke University/CFO Magazine poll indicatew most CFOs plan to raisse salaries this year. What’s your take on that ? Wasserman: We expect to give normal raises. ... We get approximately 35 percentt of our new employeeasthrough referral.
We want to keep our employede basevery happy, so we continue to have employeex referred to us. And I know from another CFO group I belong tothat it’s split — there are a few companiex doing what we’re doing, therd are some companies that are goingh to zero, and there are some companies that are going in the Walsh: I would be shocked if we saw lots of companie s approve raises in 2009. I know there are a lot of companies who already came out and said there are going to be cuts or We haven’t figured out yet what we’rwe going to do, but I’m pretty confidenrt it will not be to the extenrt that it was last year.
I thinm it’s important to realize that top talenr is alwaysin demand, and you need to protect top talenrt because that’s what generates the best ideas and serviced our clients’ needs. We’re actually using this time to look at acquiringtop talent, because we are doing prettg well,and it’s a rare opportunity to build for the future. BBJ: What woulc you consider to be the biggest cost drivers foryour company? Deptula-Hicks: Our big variable yearly is centered arounde our products’ clinical trials.
We just completecd most of the trials a couples of weeks ago and that costus $1 million, and the reaso n we had to do that is the FDA is changingt their guidelines, so that’s becoming a largetr cost driver. So we’lo have about a six-month reprieve and then we’ll have another product going throughclinical trials. And it’s becominv more and more difficult to get products throughjthe FDA. BBJ: Is a lot of that cost legal? Deptula-Hicks: No, it’s actually the cost of healthy care, the cost of the doctors, the gathering the data and statisticians andso Walsh: For us, one cost driver that I have not mentionecd yet is health care costs.
They continuwe to rise by high single-digit or double-digitt levels and there’s no end in sight. We also face the challengwe of being located in And no matter what studg youlook at, Boston is alwayd in the top five when it comex to high cost of living. We’r e seeing some breathing roomin that, housinf costs are coming down, energy coste are coming down, but it’x still a costly place to live which impacts laborr costs. BBJ: How do you grapple with healthcare costs?
The Boston Business Journal recently hosted four area CFOs for an involverd discussion that touched on issues ranginh from the rising cost of health care to concerns over thebankingy industry. The participants in the Boston Business Journal roundtablw wereDarlene Deptula-Hicks of in Plaistow, N.H.; Louise Mawhinneyu of Ikonisys in New Conn.; Kevin Walsh of in Boston; and Steved Wasserman of in Waltham. The BBJ woul like to thank thesee executives for taking time out of theird busy schedules tojoin us.
We’d also like to thani the Massachusetts chapter of for its assistance in setting up the BostonBusiness Journal: What on earth happened in the last six and how does it affect you in your day-to-dag life? What do you say to folks? What do you say to your motherd when she asks you what’s going on? Deptula-Hicks: These are very unprecedentefd times. I’ve never seen anythintg like this before, and I thinkj it brings a whole new host of challenge inthis environment. I know for us last year was a gangbuster year webroke records. We put recors Q2 results on the we beat it with arecorfd Q3, and we thought we were goingg to put a recorf Q4 on the table.
And the bottomj just sort of dropped out. While I think we had a respectabl fourth quarter because we had a lot of thingsz going on in the it just became a verydifferent time. I think what we can look forwared to this year is a great levelp of uncertainty because of these sort ofuncharted We’re having difficulty understanding where the business is goinh to end up for the year. Have we hit bottom?? Clearly we’re a strong so we’ll be able to weather this fine, we’re not worried about that. But we’re reallyu sort of forecasting what is this year going tolook like?? It’s a very big question.
Wasserman: I don’t remembe this much uncertainty inan economy, and I’m old enoughu to remember other recessions. I’n knocking on wood — I’km with Constant Contact, we offer a very low-pric e for a high-value proposition, and it’s a very under-penetraterd market, so we’ve guided Wall Street revenuw growth this year in the mid 40 percent Now havingsaid that, we are changing One of the things we’re doing differently is we’re changing our marketing messaging — how to help small businessed prosper in a poor economy.
BBJ: It strikes me that no matterr what kind of businessyou run, you’ve probablyy all had to make a stark assessment of your cost Talk about what kinds of thinking is going into that. I think we’ll be successfulk this year, I’m not too worried about a declin ein revenue, I think we’ll still be cash-flow positive. We’ll be able to see our way to the othefr sideof this, we will continue to invest in research and maintain our cash base and come out on the othe r side of this a stronger companyg in a position with a broader breadty of product than before.
My hope is that this quarted is the worst quarter in the I could betotallyg wrong, but typically in our business we have a stronbg fourth quarter, and the firs t quarter is a lower quarter anyway. I’mn feeling encouraged about the secondf quarter with what wesee now, so I thinik if we hunker down, we conserves our cash and we invest in our R&D we do everything to maximize our continue our partnerships with we’ll come out on the other side of Walsh: Our cost structure is very heavilh weighted towards people and real we’re constantly evaluating our cost structured — making sure that our clients’ needs are met, lookintg at ways to improvwe efficiency, our use of technology — and real estate is a huge part of that too.
We recentlgy moved to 53 State St. from the Hancoc k Tower. In doing so, we created a differentf type of space that allows us to share ideaxs more easily and be more The building is set up to be more collaborative in which we thinkdrives efficiencies. Mawhinney: Our company has an automaterddigital microscope, so we have customers who buy and we also have commercial lab for diagnostic so the challenge for us is we’ver got to keep the commercial arm and we’ve got to suppor the instruments we have out in the field.
We’re growinhg our lab, and we have threer major projects that we need to move The second big thinf is to useour Ikoniscope, the digital microscope that can look for that one cell in a to detect circulating tumor cells. And the third area is our non-invasives test for fetal abnormalities.So moving all three of those plus keeping our Ikoniscope customers happy and growing the lab isthe BBJ: A recent Duke University/CFO Magazine poll indicatew most CFOs plan to raisse salaries this year. What’s your take on that ? Wasserman: We expect to give normal raises. ... We get approximately 35 percentt of our new employeeasthrough referral.
We want to keep our employede basevery happy, so we continue to have employeex referred to us. And I know from another CFO group I belong tothat it’s split — there are a few companiex doing what we’re doing, therd are some companies that are goingh to zero, and there are some companies that are going in the Walsh: I would be shocked if we saw lots of companie s approve raises in 2009. I know there are a lot of companies who already came out and said there are going to be cuts or We haven’t figured out yet what we’rwe going to do, but I’m pretty confidenrt it will not be to the extenrt that it was last year.
I thinm it’s important to realize that top talenr is alwaysin demand, and you need to protect top talenrt because that’s what generates the best ideas and serviced our clients’ needs. We’re actually using this time to look at acquiringtop talent, because we are doing prettg well,and it’s a rare opportunity to build for the future. BBJ: What woulc you consider to be the biggest cost drivers foryour company? Deptula-Hicks: Our big variable yearly is centered arounde our products’ clinical trials.
We just completecd most of the trials a couples of weeks ago and that costus $1 million, and the reaso n we had to do that is the FDA is changingt their guidelines, so that’s becoming a largetr cost driver. So we’lo have about a six-month reprieve and then we’ll have another product going throughclinical trials. And it’s becominv more and more difficult to get products throughjthe FDA. BBJ: Is a lot of that cost legal? Deptula-Hicks: No, it’s actually the cost of healthy care, the cost of the doctors, the gathering the data and statisticians andso Walsh: For us, one cost driver that I have not mentionecd yet is health care costs.
They continuwe to rise by high single-digit or double-digitt levels and there’s no end in sight. We also face the challengwe of being located in And no matter what studg youlook at, Boston is alwayd in the top five when it comex to high cost of living. We’r e seeing some breathing roomin that, housinf costs are coming down, energy coste are coming down, but it’x still a costly place to live which impacts laborr costs. BBJ: How do you grapple with healthcare costs?
Tuesday, November 16, 2010
Death on Gold Line platform began as shopping trip - Los Angeles Times
http://noteindustrial.com/batteries-laptops-c625/dell-56-whr-6-cell-battery-p42989.html
Death on Gold Line platform began as shopping trip Los Angeles Times Betty Sugiyama, 84, had taken up shopping since she retired from a career in Little Tokyo bookstores, her sister Mary says. Then a stranger shoved her onto ... |
Monday, November 15, 2010
Mayor of Mass. port city seeks Coast Guard return - Boston Globe
http://www.golfequipmentsupply.com/page/3/
WHDH-TV | Mayor of Mass. port city seeks Coast Guard return Boston Globe NEW BEDFORD, Mass.â€"The mayor of New Bedford says the discovery of two Palestinian stowaways aboard a cargo ship demonstrates the need for the Coast Guard ... Palestinian stowaways caught on cargo ship in New Bedford, Mass. Two foreign stowaways found in New Bedford 2 Palestinian stowaways found on cargo ship |
Saturday, November 13, 2010
SorosBeck Exposes George Soros http://bit.ly/9LXEiF #tcot #tlot - Underground Newsroom
http://plasmatelevisions.biz/Samsung-TV/Vizio-Tv/
New York Daily News | SorosBeck Exposes George Soros http://bit.ly/9LXEiF #tcot #tlot Underground Newsroom Receive just breaking Soros updates right here. And don't miss out on any newest soros news. RT @pudingtane: George Soros c » |
Friday, November 12, 2010
Tuesday, November 9, 2010
State backs $50M alternative energy lab - The Business Review (Albany):
uhalugupuzyma.blogspot.com
Gov. David Paterson announced the lab ina Dec. 29 to president-elecyt Barack Obama, requesting billions of dollar in federal infrastructure investments forthe state. Patersoj said the 80,000-square-foot lab could open withihn two years if the federal government givess thestate $38 million to help buil it. The two-story lab would be builgt and operated by the statre Department ofEnvironmental Conservation. Thirty workers, many of whom already work forthe state, would staff the facility. The lab would be locate d in the SaratogaTechnology + Energy Park in 10 miles south of Saratogs Springs.
The operates the tech In his letterto Obama, Paterso n said the lab is a key way “too keep the United States competitive in the field of energty research and development.” The facility will test light - and heavy-duty vehicles and develop technologuy to retrofit older vehicles to cut down on theidr pollution and greenhouse gas emissions. Scientists at the lab will researchu a varietyof fuels, such as hydrogenh fuel cells. Proponents say the lab will benefifthe area’s education sector and the area’x energy and transportation sectors.
For instance, students at in Troy will receivee training at the facilityto “help ensure that the technicians enterinyg the work force are equipped to address the very latest in motoer vehicle technologies,” said Lori Severino, spokeswoman for the statde Department of Environmental Conservation. HVCC is constructingh a $13.5 million semiconductor training center, calle d TEC-SMART, in the same tech park where the statwe wants to build the alternativefuelsx laboratory. That park is next door to Luthefr ForestTechnology Campus, where California-basede (NYSE: AMD) is building a $4.6 billion computer chip manufacturingt plant.
“This project represents the very type of intellectual infrastructure that is critical to the economic growth of New Severino said. “Of course, all this assumew that it gets fundedcand built.”
Gov. David Paterson announced the lab ina Dec. 29 to president-elecyt Barack Obama, requesting billions of dollar in federal infrastructure investments forthe state. Patersoj said the 80,000-square-foot lab could open withihn two years if the federal government givess thestate $38 million to help buil it. The two-story lab would be builgt and operated by the statre Department ofEnvironmental Conservation. Thirty workers, many of whom already work forthe state, would staff the facility. The lab would be locate d in the SaratogaTechnology + Energy Park in 10 miles south of Saratogs Springs.
The operates the tech In his letterto Obama, Paterso n said the lab is a key way “too keep the United States competitive in the field of energty research and development.” The facility will test light - and heavy-duty vehicles and develop technologuy to retrofit older vehicles to cut down on theidr pollution and greenhouse gas emissions. Scientists at the lab will researchu a varietyof fuels, such as hydrogenh fuel cells. Proponents say the lab will benefifthe area’s education sector and the area’x energy and transportation sectors.
For instance, students at in Troy will receivee training at the facilityto “help ensure that the technicians enterinyg the work force are equipped to address the very latest in motoer vehicle technologies,” said Lori Severino, spokeswoman for the statde Department of Environmental Conservation. HVCC is constructingh a $13.5 million semiconductor training center, calle d TEC-SMART, in the same tech park where the statwe wants to build the alternativefuelsx laboratory. That park is next door to Luthefr ForestTechnology Campus, where California-basede (NYSE: AMD) is building a $4.6 billion computer chip manufacturingt plant.
“This project represents the very type of intellectual infrastructure that is critical to the economic growth of New Severino said. “Of course, all this assumew that it gets fundedcand built.”
Monday, November 8, 2010
Ascension Insurance buys three California agencies - Denver Business Journal:
http://kevinmcintosh.com/2009/01/burger-king-whopper-sacrifice-facebook-promotion-tests-friendships/
The Kansas City-based company bought of Santa which specializesin development, placement and administrationn support of student health insurance programs; of Walnuty Creek, which provides employee benefits, retirement servicew and HR outsourcing primarily for nonprofits; and Inc. of Agoura which specializes in administratio n of studenthealth insurance, including intercollegiate sports injurg programs. Overall, the acquisitions will brinf Ascension’s annual revenue to about $75 ranking it among the nation’s biggest 35 agencies, Ascension CEO Leonard Klins said inan interview. The company said it had $55 million in revenue in after its inFort Lauderdale, Fla.
Ascension now has more than 400 employeess at 20 officelocations nationwide. “Thde acquisitions ... represent a valuable opportunity for us to expand our West Coasyt operations and to fulfill our goal of providingthe best-quality expertise, markets and resources to the middlr market,” Kline said. “Each organization bringzs unique capabilities to our growing portfoliko ofinsurance agencies, as well as dedicated employees who share our missionn to provide outstanding service to our customeres in California and throughout the United Kline said the deal closed Thursday afternoon.
Ascensionj is a full-service insurance and employewe benefits agency providing brokerageand risk-management servicesa to middle-market companies nationwide. Ascension has been a active in the mergerds and acquisition market since it was founded from scratchy inAugust 2007, makinbg . The company is assiste by funds from its privateequity partners, and . The goal is to increase the company’s annual revenu to $200 million within the next five years.
The Kansas City-based company bought of Santa which specializesin development, placement and administrationn support of student health insurance programs; of Walnuty Creek, which provides employee benefits, retirement servicew and HR outsourcing primarily for nonprofits; and Inc. of Agoura which specializes in administratio n of studenthealth insurance, including intercollegiate sports injurg programs. Overall, the acquisitions will brinf Ascension’s annual revenue to about $75 ranking it among the nation’s biggest 35 agencies, Ascension CEO Leonard Klins said inan interview. The company said it had $55 million in revenue in after its inFort Lauderdale, Fla.
Ascension now has more than 400 employeess at 20 officelocations nationwide. “Thde acquisitions ... represent a valuable opportunity for us to expand our West Coasyt operations and to fulfill our goal of providingthe best-quality expertise, markets and resources to the middlr market,” Kline said. “Each organization bringzs unique capabilities to our growing portfoliko ofinsurance agencies, as well as dedicated employees who share our missionn to provide outstanding service to our customeres in California and throughout the United Kline said the deal closed Thursday afternoon.
Ascensionj is a full-service insurance and employewe benefits agency providing brokerageand risk-management servicesa to middle-market companies nationwide. Ascension has been a active in the mergerds and acquisition market since it was founded from scratchy inAugust 2007, makinbg . The company is assiste by funds from its privateequity partners, and . The goal is to increase the company’s annual revenu to $200 million within the next five years.
Saturday, November 6, 2010
McNerney slides closer to re-election but outcome far from decided - San Jose Mercury News
http://www.cbcenterprise.com/resources/videos/viewvideo/2/default/discipleship-2008
McNerney slides closer to re-election but outcome far from decided San Jose Mercury News Democratic Rep. Jerry McNerney inched his way toward re-election as updated counts Friday showed him with a slim 548-vote lead over ... |
Friday, November 5, 2010
Fujitsu division staying in Silicon Valley - San Francisco Business Times:
http://raz-portal.net/help.php?sel=list_item&id=6
Two representatives of Schwartz Communicationsd told the Business Journal on Tuesday that the company wasexitintg Sunnyvale. Fujitsu Computer Products of Americsa is a unit of Japanese electronics gianyFujitsu Ltd. But Joel Hagberg, vice president of marketing for FujitsuComputer Products, said the statement was "completely false." "We are not leaving and we are not moving anywhere," Hagberh said. A WARN notice, was filed with the state Employmenft Development Department showing 54 workers will be laid off from Fujitsyu Computer Products as ofJuly 1.
Hagberg acknowledged the WARN noticre but said 90 percent of employees inthe company's hard disk drivse division will transition to a new compant following the purchase of that divisiobn by Toshiba Corp. He didn't say exactly wherw the new company will be located but said it will remaih inSilicon Valley. Toshiba announce in January that it planner toacquire Fujitsu's hard disk drive business in a deal that will make Toshib a a major player in the HDD market and let Fujitsuu shed a money-losing Fujitsu Ltd.
has numerous companies in several buildings on the Arques Avenued campusin Sunnyvale, which include Fujitsu Computer Products of America and Fujitsu On Tuesday Ron Mitchell, senior vice presiden t of Fujitsu America -- which he called the “dominant subdivision” of its Japanesr parent -- said the Sunnyvale location is strategically important. He describedc it as the “centerf of gravity” for not only its executive team but for a numberd ofFujitsu companies, including Fujitsu’s R&Ds organization, data center operations and Fujitsu Managemenr Services.
“That acquisition has impacted them,” Mitchel said, referring to Fujitsu Computer Productdsof America. Fujitsu, the 16th largest employer in Sunnyvale, has been hammere by the economy "like every other company in the said technology analyst Charles Kingof Pund-IT in Hayward. "They’ree been going through some difficult times from a competitive standpointr at the same time their parenft corporation is going through somesevere changes," King said.
Among the difficulties, King are the dissolution of the agreemenrt Fujitsu had withSiemens AG, which Fujitsyu president Kuniaki Nozoe described in March as an integration of that unit into Fujitsh as a growth strategy. "Going back a few yeare to the dotcom bust, the lesson most largd customers came away with wasthat it’sx smarter to deal with larger, well establishee companies than what you might classifyh as a marginal player," King said. In addition, Santa Clara-basedr Sun Microsystems Inc.’s (NASDAQ:JAVA) announcementt that it is canceling its Rock chip projecy also may have thrown Fujitsuinto turmoil.
Sun has been using Fujits chips while it developed its own product to compete against server chipsfrom Armonk, N.Y.-based International Business Machines Corp. and Santa Clara-based Intel Corp. Mitchell said Sun’s announcement is a positiv e onefor Fujitsu. “It puts more emphasis on the SPARC chip that is the basisw forthe platform,” Mitchell said. “It’s good news for Fujitsu globally.
”
Two representatives of Schwartz Communicationsd told the Business Journal on Tuesday that the company wasexitintg Sunnyvale. Fujitsu Computer Products of Americsa is a unit of Japanese electronics gianyFujitsu Ltd. But Joel Hagberg, vice president of marketing for FujitsuComputer Products, said the statement was "completely false." "We are not leaving and we are not moving anywhere," Hagberh said. A WARN notice, was filed with the state Employmenft Development Department showing 54 workers will be laid off from Fujitsyu Computer Products as ofJuly 1.
Hagberg acknowledged the WARN noticre but said 90 percent of employees inthe company's hard disk drivse division will transition to a new compant following the purchase of that divisiobn by Toshiba Corp. He didn't say exactly wherw the new company will be located but said it will remaih inSilicon Valley. Toshiba announce in January that it planner toacquire Fujitsu's hard disk drive business in a deal that will make Toshib a a major player in the HDD market and let Fujitsuu shed a money-losing Fujitsu Ltd.
has numerous companies in several buildings on the Arques Avenued campusin Sunnyvale, which include Fujitsu Computer Products of America and Fujitsu On Tuesday Ron Mitchell, senior vice presiden t of Fujitsu America -- which he called the “dominant subdivision” of its Japanesr parent -- said the Sunnyvale location is strategically important. He describedc it as the “centerf of gravity” for not only its executive team but for a numberd ofFujitsu companies, including Fujitsu’s R&Ds organization, data center operations and Fujitsu Managemenr Services.
“That acquisition has impacted them,” Mitchel said, referring to Fujitsu Computer Productdsof America. Fujitsu, the 16th largest employer in Sunnyvale, has been hammere by the economy "like every other company in the said technology analyst Charles Kingof Pund-IT in Hayward. "They’ree been going through some difficult times from a competitive standpointr at the same time their parenft corporation is going through somesevere changes," King said.
Among the difficulties, King are the dissolution of the agreemenrt Fujitsu had withSiemens AG, which Fujitsyu president Kuniaki Nozoe described in March as an integration of that unit into Fujitsh as a growth strategy. "Going back a few yeare to the dotcom bust, the lesson most largd customers came away with wasthat it’sx smarter to deal with larger, well establishee companies than what you might classifyh as a marginal player," King said. In addition, Santa Clara-basedr Sun Microsystems Inc.’s (NASDAQ:JAVA) announcementt that it is canceling its Rock chip projecy also may have thrown Fujitsuinto turmoil.
Sun has been using Fujits chips while it developed its own product to compete against server chipsfrom Armonk, N.Y.-based International Business Machines Corp. and Santa Clara-based Intel Corp. Mitchell said Sun’s announcement is a positiv e onefor Fujitsu. “It puts more emphasis on the SPARC chip that is the basisw forthe platform,” Mitchell said. “It’s good news for Fujitsu globally.
”
Wednesday, November 3, 2010
Bay Area CFOs of the year named - San Francisco Business Times:
xiwyxucupewox.blogspot.com
More than 400 local business leaders attended a dinner and awards ceremonty at the Palace Hotel in San Francisco to honorf the winnersand finalists. The money raised at the eventtsupports , which for 25 years has served homelesx and at-risk youth in San Francisco through its program s in outreach, housing, medicap and social services, educatio and job assistance. “These awards honoer the best ofthe best. Thesse financial leaders exemplifythe professionalism, integrity, resilience and masteryu of key skills that make a great said Mary Huss, publisher, San Francisco Business Times, and co-presentert of the Bay Area CFO of the Year Awards.
Said Sherily Adams, executive director, Larkin Street Youth Services: “Larkin Street Youth Servicese is honored to be the beneficiary of this The money raised by the CFO awards eventy will beinvested wisely, as 84 cents of every dollae will directly benefit the over 3,5009 youth we serve each year.” Lifetime Achievement Award: Peter Darbee, PG& Corp. and Pacific Gas and Electric Co. Winner, Public Compan y with revenuesabove $500 million: Daniel the (NYSE: CLX). Finalists: Paul Corp. (NASDAQ: LLTC); Mark (NASDAQ: ADBE). Winner, Public Company with revenues upto $500 Martin Kropelnicki, .
Thomas Cawley, (NASDAQ: PEET); Randy Gottfried, (NASDAQ: Winner, Non-Public Company: Nathan . Finalist: Thomas Berquist, Winner, Venture-Backed Company: Jack Jenkins-Stark, Donald McCauley, ; Greg Winner, Community Service: Paul Tenderloin NeighborhoodDevelopment Corp. Finalists: Steve ; Michael Braude, . Winner, Transformation Agent: Byron Pollitt, Inc. (NYSE: V) Finalists: James Beer, (NASDAQ: Lewis Chew, Corp (NYSE: NSM). The 2009 Bay Area CFO of the Year Awarda is a partnership between the San Francisco Business Times which included an advertising supplement profiling the winners in its May 29issu — and Larkin Street Youtu Services.
All proceeds from this event benefigt Larkin StreetYouth Services. Deloitte was the title sponsor.
More than 400 local business leaders attended a dinner and awards ceremonty at the Palace Hotel in San Francisco to honorf the winnersand finalists. The money raised at the eventtsupports , which for 25 years has served homelesx and at-risk youth in San Francisco through its program s in outreach, housing, medicap and social services, educatio and job assistance. “These awards honoer the best ofthe best. Thesse financial leaders exemplifythe professionalism, integrity, resilience and masteryu of key skills that make a great said Mary Huss, publisher, San Francisco Business Times, and co-presentert of the Bay Area CFO of the Year Awards.
Said Sherily Adams, executive director, Larkin Street Youth Services: “Larkin Street Youth Servicese is honored to be the beneficiary of this The money raised by the CFO awards eventy will beinvested wisely, as 84 cents of every dollae will directly benefit the over 3,5009 youth we serve each year.” Lifetime Achievement Award: Peter Darbee, PG& Corp. and Pacific Gas and Electric Co. Winner, Public Compan y with revenuesabove $500 million: Daniel the (NYSE: CLX). Finalists: Paul Corp. (NASDAQ: LLTC); Mark (NASDAQ: ADBE). Winner, Public Company with revenues upto $500 Martin Kropelnicki, .
Thomas Cawley, (NASDAQ: PEET); Randy Gottfried, (NASDAQ: Winner, Non-Public Company: Nathan . Finalist: Thomas Berquist, Winner, Venture-Backed Company: Jack Jenkins-Stark, Donald McCauley, ; Greg Winner, Community Service: Paul Tenderloin NeighborhoodDevelopment Corp. Finalists: Steve ; Michael Braude, . Winner, Transformation Agent: Byron Pollitt, Inc. (NYSE: V) Finalists: James Beer, (NASDAQ: Lewis Chew, Corp (NYSE: NSM). The 2009 Bay Area CFO of the Year Awarda is a partnership between the San Francisco Business Times which included an advertising supplement profiling the winners in its May 29issu — and Larkin Street Youtu Services.
All proceeds from this event benefigt Larkin StreetYouth Services. Deloitte was the title sponsor.
Tuesday, November 2, 2010
Port San Antonio tenant begins air cargo service to Mexico - Dallas Business Journal:
viktorsejbgif.blogspot.com
, the port’s foreign trade zone operator, will host the servicer on Mexpress. LOGITEX USA will serve as the sales Mexpress is an air cargo transportatiob company that catersto small- to medium-sizerd companies that need to ship less than a trailer load of Mexpress, in turn, will aggregate the cargko and ship customers’ materials out via air cargp shippers at the port three times a week.
“Thise service will be very important to companie s in need of air carg transport between our region and the strategic cargo centersin Mexico,” says Jorgse Canavati, vice president of business development for Port San “At the same time it is an efficient tool for small and medium sized companies that need to ship a pallet or two at a The companies involved in this partnership envision offeringh this service to other markets in Mexicpo and Central America. The companies coulde also serve as a feeder to and from Asia througbh international aircargo hubs. “We are opening new tradwe horizons in dealing with Port San Mexpress President CarlosDuron says.
, the port’s foreign trade zone operator, will host the servicer on Mexpress. LOGITEX USA will serve as the sales Mexpress is an air cargo transportatiob company that catersto small- to medium-sizerd companies that need to ship less than a trailer load of Mexpress, in turn, will aggregate the cargko and ship customers’ materials out via air cargp shippers at the port three times a week.
“Thise service will be very important to companie s in need of air carg transport between our region and the strategic cargo centersin Mexico,” says Jorgse Canavati, vice president of business development for Port San “At the same time it is an efficient tool for small and medium sized companies that need to ship a pallet or two at a The companies involved in this partnership envision offeringh this service to other markets in Mexicpo and Central America. The companies coulde also serve as a feeder to and from Asia througbh international aircargo hubs. “We are opening new tradwe horizons in dealing with Port San Mexpress President CarlosDuron says.
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