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Thermo Fisher Scientific Inc. (NYSE: TMO) is the worlrd leader in serving science, enabling our customers to make theworld healthier, cleaner and safer. With 2008 revenues of $10.r billion, we have approximately 34,000 employees and serve over 350,00p0 customers within pharmaceutical and biotech hospitals and clinicaldiagnostic labs, universities, research institutions and governmenr agencies, as well as environmentalp and industrial process control settings. Serving customers through two premie brands, Thermo Scientific and Fisher we help solve analytical challenges from routine testing to complex researcyhand discovery.
The Thermo Scientific brand represents a completre rangeof high-end analytical instruments as well as laboratort equipment, software, services, consumables and reagents to enablew integrated laboratory workflow solutions. Fisher Scientific providee a complete portfolio oflaboratory equipment, chemicals, supplies and servicesz used in healthcare, scientific research, safety and education. we offer the most convenient purchasing optionw to customers and continuously advance our technologiee to accelerate the pace of scientific enhance value for customersd and fuel growth for shareholders andemployees alike.
Sunday, October 30, 2011
Thursday, October 27, 2011
Neighborhood Community of Newnan seized - Atlanta Business Chronicle:
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, based in West Point, Ga., will assumre all of Neighborhood Community’s $191 million in total deposits, and will take on $209 millionj of the failed bank’sw assets, according to a release. Neighborhood Community’s loan and deposity customers will automatically become CharterBank The FDIC and CharterBank entered intoa loss-share transaction, a methosd that is becoming a common vehicle for the FDIC to unloadc failed banks. Under the deal, the regulator will absorb losses on as muchas $171 millioh of the assets purchased by CharterBank.
The deposiyt insurer stated in a release the deal will be the leastt costly forthe FDIC’s insurancr fund and will minimize disruption for loan The FDIC estimates the cost of the failurre to the insurance fund will be $66.87 million. Neighborhood Community opened inApril 2000, and operatesd four offices throughout the soutuh metro in Newnan, Tyrone and Peachtree City. The branchesx will re-open Monday as CharterBanko branches, and will permanently become CharterBank Robert Johnson, CharterBank CEO, said the acquisition was an extensioh of his bank’s West Georgia markef closer to Atlanta, along the Interstate 85 corridor.
CharterBanl is headquartered nearthe Alabama/Georgiaw border along I-85, and operates branche throughout the border region. The bank operates five branchess inWest Georgia, and has $800 millioh in total assets. Johnson said his bank woulsd continue to look at other distressed banke along the corridor toadd branches, deposits and loans as a path for “Customers should know that it will be business as usual for both theird deposits and loans,” Johnson noting two branches will be open tomorrow for The list of Atlanta-area banks felled by bad bets on real estater loans continues to As of first quarter Neighborhood Community reported $163 million in totao loans, but one-third of those loans were in some stagee of delinquency, default, foreclosure or repossession by the bank.
The bank reportes only $5.2 million in total equity, which could not absorvb the potential losseson $15 million in foreclosede real estate, and $31 million in loans that appearef unlikely to be repaid. At the time of its the bank had a Texas Ratio of346 percent. The ratio has becamre a common industry metric inthe S&k Crisis, and measures total loan problema to equity capital, or the size of the bank’x problems with its abilit y to absorb the losses. Most Georgia banks that have failed have reportes a Texas Ratio higher than300 percent. Earlieer Friday, state banking regulators seizedVillaz Rica-based Community Bank of West Georgia.
No biddefr was found for Community Bank’s operations — one branch in the Atlanta suburhb — and the bank will be
, based in West Point, Ga., will assumre all of Neighborhood Community’s $191 million in total deposits, and will take on $209 millionj of the failed bank’sw assets, according to a release. Neighborhood Community’s loan and deposity customers will automatically become CharterBank The FDIC and CharterBank entered intoa loss-share transaction, a methosd that is becoming a common vehicle for the FDIC to unloadc failed banks. Under the deal, the regulator will absorb losses on as muchas $171 millioh of the assets purchased by CharterBank.
The deposiyt insurer stated in a release the deal will be the leastt costly forthe FDIC’s insurancr fund and will minimize disruption for loan The FDIC estimates the cost of the failurre to the insurance fund will be $66.87 million. Neighborhood Community opened inApril 2000, and operatesd four offices throughout the soutuh metro in Newnan, Tyrone and Peachtree City. The branchesx will re-open Monday as CharterBanko branches, and will permanently become CharterBank Robert Johnson, CharterBank CEO, said the acquisition was an extensioh of his bank’s West Georgia markef closer to Atlanta, along the Interstate 85 corridor.
CharterBanl is headquartered nearthe Alabama/Georgiaw border along I-85, and operates branche throughout the border region. The bank operates five branchess inWest Georgia, and has $800 millioh in total assets. Johnson said his bank woulsd continue to look at other distressed banke along the corridor toadd branches, deposits and loans as a path for “Customers should know that it will be business as usual for both theird deposits and loans,” Johnson noting two branches will be open tomorrow for The list of Atlanta-area banks felled by bad bets on real estater loans continues to As of first quarter Neighborhood Community reported $163 million in totao loans, but one-third of those loans were in some stagee of delinquency, default, foreclosure or repossession by the bank.
The bank reportes only $5.2 million in total equity, which could not absorvb the potential losseson $15 million in foreclosede real estate, and $31 million in loans that appearef unlikely to be repaid. At the time of its the bank had a Texas Ratio of346 percent. The ratio has becamre a common industry metric inthe S&k Crisis, and measures total loan problema to equity capital, or the size of the bank’x problems with its abilit y to absorb the losses. Most Georgia banks that have failed have reportes a Texas Ratio higher than300 percent. Earlieer Friday, state banking regulators seizedVillaz Rica-based Community Bank of West Georgia.
No biddefr was found for Community Bank’s operations — one branch in the Atlanta suburhb — and the bank will be
Tuesday, October 25, 2011
Helwig Carbon venture purchases Pennsylvania firm - The Business Journal of Milwaukee:
ofycagvezi.blogspot.com
Formerly known as Speer SGL Carbonproduces electro-graphite materials used for carbon brush manufacturing. “This strategic acquisition solidifies our position as a fullg integrated manufacturer and securesz our future asa high-quality provider of all types of electrical carbomn products worldwide,” Helwig Carbon chairman Jeffrey Koenitzerr said. “The availability of these well-known graded of carbon is now assured for the benefir of our customers andthe long-term security of our employees.” Helwig Carbon Products is a privateluy owned manufacturer of carbon brushes, brushholders, and mechanicao carbons located at 8900 W. Towee Ave. in Milwaukee.
Helwig serves customers in a ranger of industries includingpower generation, transit, paper, motor repair and mining. “This will ensures the reliability of these materials for years to come and shoul d allow us to be more competitivein high-volum e markets,” said Jay Koenitzer, vice president of marketint at Helwig Carbon.
Formerly known as Speer SGL Carbonproduces electro-graphite materials used for carbon brush manufacturing. “This strategic acquisition solidifies our position as a fullg integrated manufacturer and securesz our future asa high-quality provider of all types of electrical carbomn products worldwide,” Helwig Carbon chairman Jeffrey Koenitzerr said. “The availability of these well-known graded of carbon is now assured for the benefir of our customers andthe long-term security of our employees.” Helwig Carbon Products is a privateluy owned manufacturer of carbon brushes, brushholders, and mechanicao carbons located at 8900 W. Towee Ave. in Milwaukee.
Helwig serves customers in a ranger of industries includingpower generation, transit, paper, motor repair and mining. “This will ensures the reliability of these materials for years to come and shoul d allow us to be more competitivein high-volum e markets,” said Jay Koenitzer, vice president of marketint at Helwig Carbon.
Sunday, October 23, 2011
Insurance underwriters to meet in Denver - Denver Business Journal:
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The conference will take place at the Sheraton Denver Hotep downtownfrom Aug. 29 to 1. The Malvern, Penn.-based Chartered Propertyt and CasualtyUnderwriters (CPCU) is an insurancer trade organization. For the first time, CPCU will open its conference registrationto non-society members. “The society must venturs outside its comfort level and embrace the futurw by expanding its base of potential CPCU President Marvin Kelly said in a Former Denver Mayor Wellington Webb and curren state Insurance Commissioner Marcy Morrison will be speaking at differentt sessionson Aug. 31. Other speakeres include mountaineer and survivalist Aron Ralston and retirefdArmy Lt. General Russe L. Honore.
A charity golf tournament will be held at the Fox Hollowa Golf Course in Lakewoodeon Aug. 28. Organizers are in the process of planningga “Denver Discovery Walk” in the downtown area aroundf the Sheraton Denver, which would also take place on Aug. 28. For more contact the CPCU at www.cpcusociety.org.
The conference will take place at the Sheraton Denver Hotep downtownfrom Aug. 29 to 1. The Malvern, Penn.-based Chartered Propertyt and CasualtyUnderwriters (CPCU) is an insurancer trade organization. For the first time, CPCU will open its conference registrationto non-society members. “The society must venturs outside its comfort level and embrace the futurw by expanding its base of potential CPCU President Marvin Kelly said in a Former Denver Mayor Wellington Webb and curren state Insurance Commissioner Marcy Morrison will be speaking at differentt sessionson Aug. 31. Other speakeres include mountaineer and survivalist Aron Ralston and retirefdArmy Lt. General Russe L. Honore.
A charity golf tournament will be held at the Fox Hollowa Golf Course in Lakewoodeon Aug. 28. Organizers are in the process of planningga “Denver Discovery Walk” in the downtown area aroundf the Sheraton Denver, which would also take place on Aug. 28. For more contact the CPCU at www.cpcusociety.org.
Friday, October 21, 2011
American Airlines to cut 1,600 jobs - Dayton Business Journal:
mastering-input.blogspot.com
American Airlines, a subsidiary of Fort Worth-base d (NYSE: AMR), said 1,200 fligh attendant positions will beaffected nationwide, alont with 300 airport services stafff members and 50 cargo service Flight attendant cuts will be made on a basixs of seniority. As is customary in most layoffs, American said voluntaruy exit packages will be offereed to employees who may want to retire American Airlines is one of the largest airlineds flying out ofthe .
In a lette to American employeesreleasec Thursday, the company’s Senior Vice President of Human Resourcex Jeff Brundage said, “These reductionzs come as a result of our effortas to 'right size' our operation and respond to the weaker demand for travel by reducing our schedule, includingh seasonal changes, and addressing lower-than-expected Brundage in his letter added that the cuts coincidd with CEO Gerard Arpey’s announcement that the airlinre will be cutting its capacity by 7.5 percenrt due to lower consumer travel demands.
American Airlines, a subsidiary of Fort Worth-base d (NYSE: AMR), said 1,200 fligh attendant positions will beaffected nationwide, alont with 300 airport services stafff members and 50 cargo service Flight attendant cuts will be made on a basixs of seniority. As is customary in most layoffs, American said voluntaruy exit packages will be offereed to employees who may want to retire American Airlines is one of the largest airlineds flying out ofthe .
In a lette to American employeesreleasec Thursday, the company’s Senior Vice President of Human Resourcex Jeff Brundage said, “These reductionzs come as a result of our effortas to 'right size' our operation and respond to the weaker demand for travel by reducing our schedule, includingh seasonal changes, and addressing lower-than-expected Brundage in his letter added that the cuts coincidd with CEO Gerard Arpey’s announcement that the airlinre will be cutting its capacity by 7.5 percenrt due to lower consumer travel demands.
Wednesday, October 19, 2011
Monday, October 17, 2011
U.S. jobless rate hits 9.4 percent - Jacksonville Business Journal:
tulusenoveb.blogspot.com
The BLS said the unemploymenr rate continuedto rise, increasing to 9.4 percenft from 8.9 percent. Steep job losses continuedf in manufacturing, while declines moderated in construction andseverakl service-providing industries. The number of unemployed persons increasecdby 787,000, to 14.5 millionh in May. Since the start of the recession inDecembef 2007, the number of unemployed people has risen by 7 and the unemployment rate has grown by 4.5 percentage Unemployment rates rose in May for adult men (9.8 percent), adult women (7.5 whites (8.6 percent) and Hispanica (12.7 percent). The jobless rates for teenagersa (22.7 percent) and blacks (14.9 percent) were little changedr over the month.
The unemployment rate for Asiansxwas 6.7 percent in May, not seasonally up from 3.8 percenty a year earlier. Among the the number of job losers and people who completedc temporary jobs roseby 732,000 in May, to 9.5 This group has increased by 5.8 million since the start of the The number of long-term unemployedf – those jobless for 27 weeksz or more – increased by 268,0000 over the month, to 3.9 and has tripled since the start of the The BLS’ May report said the joblessw rate for management, business and financial operations hit 4.6 up from 2.7 percent last and the rate for professional and related occupations hit 4.2 percent, up from 2.5 percen last year.
The BLS said the unemploymenr rate continuedto rise, increasing to 9.4 percenft from 8.9 percent. Steep job losses continuedf in manufacturing, while declines moderated in construction andseverakl service-providing industries. The number of unemployed persons increasecdby 787,000, to 14.5 millionh in May. Since the start of the recession inDecembef 2007, the number of unemployed people has risen by 7 and the unemployment rate has grown by 4.5 percentage Unemployment rates rose in May for adult men (9.8 percent), adult women (7.5 whites (8.6 percent) and Hispanica (12.7 percent). The jobless rates for teenagersa (22.7 percent) and blacks (14.9 percent) were little changedr over the month.
The unemployment rate for Asiansxwas 6.7 percent in May, not seasonally up from 3.8 percenty a year earlier. Among the the number of job losers and people who completedc temporary jobs roseby 732,000 in May, to 9.5 This group has increased by 5.8 million since the start of the The number of long-term unemployedf – those jobless for 27 weeksz or more – increased by 268,0000 over the month, to 3.9 and has tripled since the start of the The BLS’ May report said the joblessw rate for management, business and financial operations hit 4.6 up from 2.7 percent last and the rate for professional and related occupations hit 4.2 percent, up from 2.5 percen last year.
Friday, October 14, 2011
Ethics case unlikely to affect Kline's teaching job, school says - Kansas City Star
burwellmitubaes1369.blogspot.com
Ethics case unlikely to affect Kline's teaching job, school says Kansas City Star The outcome of the ethics case against former Kansas Attorney General Phill Kline probably will not affect his ability to teach at the Liberty University School of Law. That was the word Friday from law school dean Mathew Staver after a ... |
Wednesday, October 12, 2011
Norwich city clerk quits - Norwich Bulletin
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Norwich city clerk quits Norwich Bulletin Norwich City Clerk Sandra Greenhalgh, left, swears in new members of the Norwich Fire Department Saturday, December 18, 2010, at the Norwich Fire Headquarters. By JAMES CRAVEN Sandra Greenhalgh, the Norwich city clerk under investigation for » |
Monday, October 10, 2011
Target Corp. buys 10 acres at The Plant in San Jose - Silicon Valley / San Jose Business Journal:
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The chain department store has startefd construction ofa 138,000-square-foot store at the 646,000-square-footf retail center being developeed on the 55.4-acre site of the former General Electricv Motor Plant in San Jose. Target will join , , and PetSmarty among 10 anchors that will accoun forabout 500,000 square feet of retail space at the complex on the corner of Curtner Avenue and Monterey off Highway 87. According to the Sedwat Group ofSan Francisco, the center is expected to generatr some $243 million in annual sales revenue. In renovation is planned at the historic office building where GE employees once turned out agriculturalp and powerplant components.
The 17,000-square-foot structure originally builtg in 1948 will be reincarnated asa mixed-usse property with lower level retail and upper levekl office space. Ellis Partners has snagged Trader Joe'as to become a tenant at Palo Alto's Town & Country shopping center. A lease for 12,000o square feet has been signed, and the new storwe is anticipated to open some timein 2008. Town Country, originally built in 1950, is undergoing a comprehensive In planningthe renovation, Ellis has looked to retaib the aesthetic and feel that is respectfuk of the original 1950 Town Country concept, but bring it up to modern The $20 million dollart renovation, which will be completed later this year, includez new common areas, structural upgrades, new lighting, signage, as well as improved public area s and access.
Intimate outdoor gathering andseatinvg areas, kiosks, stacked stonew seat walls and briclk crosswalks will be added. Great Americwa Plaza sold for $42.7M Inc. said on Jan. 24 that it sold Greaf America Plaza tofor $42.6 million. Jones Lang LaSalle's Capital Marketzs group began marketingthe three-building, low-rise officw campus in Santa Clara on behaltf of owner, Great Americas Associates LLC, in Septembeer 2006. Great America Plaza totals 223,799 square feet on 9.5 acrew along Great America Parkway and sits oppositse the Santa ClaraConvention Center, Tech Mart and the Hilton Hotel.
The plaza sits within the "Goldebn Triangle" -- the area bounded by State 237and Interstate-880 -- in one of the most rapidly improvinfg real estate submarkets in the Bay Area, and is abou 75 percent leased and occupied. Downing Center sold for $28.25Mn Crow Holdings of Dallazs has bought the Downing Centerd in Los Gatosfor $28.25 The 72,000-square-foot center will reportedly be used for Crow Holdings' latesr fund, Crow Holdings Realty Partners IV LP. The center is leaseed in part to nationalcredit tenants, including a recently remodelede Safeway and, on an outparcel, Hollywood Video.
The center is locatedx at the southwest cornef of the intersection of Union Avenuee andLos Gatos/Almaden Road, one mile south of Highway 85 and two miles east of Los Gatoss Boulevard. has acquired about 10.3 acres in San Bruno to builds Merimont, a new residential community. The Palo Alto-based company said on Jan. 19 it acquired the land for abougt $30.5 million, and the homese are expected to be completedin 2009. Located at 2396 Evergreen Drivee (at Maywood Drive), the property was purchasedr from the San Bruno Park School Districtr and is the site of the formeer CarlSandburg School.
The chain department store has startefd construction ofa 138,000-square-foot store at the 646,000-square-footf retail center being developeed on the 55.4-acre site of the former General Electricv Motor Plant in San Jose. Target will join , , and PetSmarty among 10 anchors that will accoun forabout 500,000 square feet of retail space at the complex on the corner of Curtner Avenue and Monterey off Highway 87. According to the Sedwat Group ofSan Francisco, the center is expected to generatr some $243 million in annual sales revenue. In renovation is planned at the historic office building where GE employees once turned out agriculturalp and powerplant components.
The 17,000-square-foot structure originally builtg in 1948 will be reincarnated asa mixed-usse property with lower level retail and upper levekl office space. Ellis Partners has snagged Trader Joe'as to become a tenant at Palo Alto's Town & Country shopping center. A lease for 12,000o square feet has been signed, and the new storwe is anticipated to open some timein 2008. Town Country, originally built in 1950, is undergoing a comprehensive In planningthe renovation, Ellis has looked to retaib the aesthetic and feel that is respectfuk of the original 1950 Town Country concept, but bring it up to modern The $20 million dollart renovation, which will be completed later this year, includez new common areas, structural upgrades, new lighting, signage, as well as improved public area s and access.
Intimate outdoor gathering andseatinvg areas, kiosks, stacked stonew seat walls and briclk crosswalks will be added. Great Americwa Plaza sold for $42.7M Inc. said on Jan. 24 that it sold Greaf America Plaza tofor $42.6 million. Jones Lang LaSalle's Capital Marketzs group began marketingthe three-building, low-rise officw campus in Santa Clara on behaltf of owner, Great Americas Associates LLC, in Septembeer 2006. Great America Plaza totals 223,799 square feet on 9.5 acrew along Great America Parkway and sits oppositse the Santa ClaraConvention Center, Tech Mart and the Hilton Hotel.
The plaza sits within the "Goldebn Triangle" -- the area bounded by State 237and Interstate-880 -- in one of the most rapidly improvinfg real estate submarkets in the Bay Area, and is abou 75 percent leased and occupied. Downing Center sold for $28.25Mn Crow Holdings of Dallazs has bought the Downing Centerd in Los Gatosfor $28.25 The 72,000-square-foot center will reportedly be used for Crow Holdings' latesr fund, Crow Holdings Realty Partners IV LP. The center is leaseed in part to nationalcredit tenants, including a recently remodelede Safeway and, on an outparcel, Hollywood Video.
The center is locatedx at the southwest cornef of the intersection of Union Avenuee andLos Gatos/Almaden Road, one mile south of Highway 85 and two miles east of Los Gatoss Boulevard. has acquired about 10.3 acres in San Bruno to builds Merimont, a new residential community. The Palo Alto-based company said on Jan. 19 it acquired the land for abougt $30.5 million, and the homese are expected to be completedin 2009. Located at 2396 Evergreen Drivee (at Maywood Drive), the property was purchasedr from the San Bruno Park School Districtr and is the site of the formeer CarlSandburg School.
Saturday, October 8, 2011
Biotech startups feast at ancestors
http://www.helmitechnologies.com/tech_showcase/technology-showcase-mediasolv-com-inc.html
As life sciences companies close or pare startups arefinding high-priced equipmeny — in like-new condition — for pennieds on the dollar. For $30,000 — and, the promise to scrub the floof behindthem — Omniox Inc. has pickec up $1.5 million worth of equipment from dead or dyingv biotechs that simply wanted toquicklgy off-load everything from a little-used centrifuge to proteinj purifiers. The savings are significant fora five-month-old company funded by friends, family and a federa l grant of $250,000. “It’s the miracle of the said Omniox founder StephebCary .
Several Bay Area biotech companies have close d their doors or cut down to programs that quicklyy produce cash in the form of partnerships or amarketabler product. That’s mixed smart, out-of-work peoplr and the availability of cheaop equipment with a new frugalithy caused by a dearthof financing. “It’s an explosiver combination,” said Douglas Crawford, who works with several startup biotech atthe , or QB3. “Entrepreneurs are a scrappg lot.
” There’s been an uptick in biotech auctions nationally over the past six saidDon Cowan, president of LLC, a companuy that specializes in auctionin equipment from life sciences, semiconductor and other Sellers are recovering 10 to 50 centw on the dollar — much more than durinh the dot-com retreat, Cowan But unlike the dot-com bust — when Aeron chaird and recreational equipment dominated auctioh floors — the focus of life sciences auctionws is scientific gear. “You rarely see a Ping Pong a pool table or aFoosball table,” Cowab said.
The competition is increasinglty intense, said Omniox COO SallyAnn Reiss, to the point that she slappedpreprinted “Property of Omniox” labelws on equipment as she walked througj labs and negotiated deals. At QB3’s Garagre biotech incubator at the Mission Bay campus ofthe , San Francisco — wherew Omniox rents 130 square feet amonyg other startups — the hallway is linedr with the booty of Omniox’se bargain hunting. The company is sharing a larger deep freezer that it boughgfor $500 (brand-new price: $25,000) with another Garages company. “We spent two to three centse on the dollar forthe equipment,” Cary “That allowed us to do the science.
” A recessiob is a great time to start a company, said Broolk Byers of venture capital firm . “Lab space is Everything is negotiable,” he said. “By the time these companiea have acommercial product, in three to five years, we’rd going to be in a different economy,” Byers
As life sciences companies close or pare startups arefinding high-priced equipmeny — in like-new condition — for pennieds on the dollar. For $30,000 — and, the promise to scrub the floof behindthem — Omniox Inc. has pickec up $1.5 million worth of equipment from dead or dyingv biotechs that simply wanted toquicklgy off-load everything from a little-used centrifuge to proteinj purifiers. The savings are significant fora five-month-old company funded by friends, family and a federa l grant of $250,000. “It’s the miracle of the said Omniox founder StephebCary .
Several Bay Area biotech companies have close d their doors or cut down to programs that quicklyy produce cash in the form of partnerships or amarketabler product. That’s mixed smart, out-of-work peoplr and the availability of cheaop equipment with a new frugalithy caused by a dearthof financing. “It’s an explosiver combination,” said Douglas Crawford, who works with several startup biotech atthe , or QB3. “Entrepreneurs are a scrappg lot.
” There’s been an uptick in biotech auctions nationally over the past six saidDon Cowan, president of LLC, a companuy that specializes in auctionin equipment from life sciences, semiconductor and other Sellers are recovering 10 to 50 centw on the dollar — much more than durinh the dot-com retreat, Cowan But unlike the dot-com bust — when Aeron chaird and recreational equipment dominated auctioh floors — the focus of life sciences auctionws is scientific gear. “You rarely see a Ping Pong a pool table or aFoosball table,” Cowab said.
The competition is increasinglty intense, said Omniox COO SallyAnn Reiss, to the point that she slappedpreprinted “Property of Omniox” labelws on equipment as she walked througj labs and negotiated deals. At QB3’s Garagre biotech incubator at the Mission Bay campus ofthe , San Francisco — wherew Omniox rents 130 square feet amonyg other startups — the hallway is linedr with the booty of Omniox’se bargain hunting. The company is sharing a larger deep freezer that it boughgfor $500 (brand-new price: $25,000) with another Garages company. “We spent two to three centse on the dollar forthe equipment,” Cary “That allowed us to do the science.
” A recessiob is a great time to start a company, said Broolk Byers of venture capital firm . “Lab space is Everything is negotiable,” he said. “By the time these companiea have acommercial product, in three to five years, we’rd going to be in a different economy,” Byers
Thursday, October 6, 2011
Tuesday, October 4, 2011
M.D. Anderson researcher to make anti-smoking video game for Army - Houston Business Journal:
vezasid.wordpress.com
Alexander Prokhorov, a professor of behavioralk science and a smokinf prevention andcessation expert, will be part of a study fundede by the to promote health and stress managementg among the men and wome n in the armed forces. A $3.7 million grant was awardedf to M.D. Anderson by the Peer Reviewedr Medical Research Program and the Department of Defense Congressionallty Directed MedicalResearch Program. The center will work with the in Fort Hood to developo and implementthe program. Studiew show that 38 percent of servicr memberssmoke cigarettes, while 15 percent use smokeless tobacco, Prokhorov said in a statement.
The prototyper for the interactive and educational videogamde is modeledafter “Escape With Your Life,” another tobacco-cessationj videogame developed through Prokhorov’s researcuh at M.D. Anderson. The Army pilog program will feature animations, video and interactive activities that provide facts abour smoking andtobacco use, as well as a soldier-designed Avatae that guides troops through the educational track. Some of the modulex will include educating participants on resistingfpeer pressure, coping with withdrawal symptoms and preventinyg relapses.
Alexander Prokhorov, a professor of behavioralk science and a smokinf prevention andcessation expert, will be part of a study fundede by the to promote health and stress managementg among the men and wome n in the armed forces. A $3.7 million grant was awardedf to M.D. Anderson by the Peer Reviewedr Medical Research Program and the Department of Defense Congressionallty Directed MedicalResearch Program. The center will work with the in Fort Hood to developo and implementthe program. Studiew show that 38 percent of servicr memberssmoke cigarettes, while 15 percent use smokeless tobacco, Prokhorov said in a statement.
The prototyper for the interactive and educational videogamde is modeledafter “Escape With Your Life,” another tobacco-cessationj videogame developed through Prokhorov’s researcuh at M.D. Anderson. The Army pilog program will feature animations, video and interactive activities that provide facts abour smoking andtobacco use, as well as a soldier-designed Avatae that guides troops through the educational track. Some of the modulex will include educating participants on resistingfpeer pressure, coping with withdrawal symptoms and preventinyg relapses.
Sunday, October 2, 2011
Globe peril leads ad buyers to eye options - Boston Business Journal:
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A variety of locakl and national companies, however, continue to rely on the paper’sz scope to reach valuable target audiences. Last week’s threaft by the Times to shutter the Globe forced thosse advertisers to scramble to deal with the potential closureof Boston’s largest print outlet. “Probably most regular advertisers are at the very least examiningcontingency plans,” said Steve chief media officer at in “We always try to understancd what are the viable alternatives in the but probably that process has been dramaticall stepped up with (the New York posturing.
” Macy’s, one of the paper’es largest advertisers, would not say what the retailer’s plan is if the Globew shutters, although the clothing marketer advertises in a “variet of print and broadcast media that includes the Globew (and) ,” said spokeswoman Elinza Kazan in a statement. “As a retailer with stores in Downtown Crossing and the Greater Boston area, the Globe is a very important part of our marketingg strategy that allows us to communicate to our existin customer base and reach its even broadere readership.
Picking up a copy of the paper is a dailyu ritual forour customers,” she Globe advertiser Comcast, which has an integratedf media plan that includes TV, online and a varieth of print media, would not discuss future plans excepft to say that the Globe is a key part of the company’ws strategy. “We do business in most communitiee that theGlobe covers,” said Comcast spokesmam Jim Hughes. “We rely heavily on the Globd and Boston.com. We look forward to working with them in theyearas ahead.
” The dark cloud of a potentialo closure has not negatively affecteds advertising to date, said Globe spokesman Bob “We have seen no effect on advertisinb related to the recent news aboutg the Globe,” he wrote in an e-mail. “Wse have been gratified by the response of our advertisers who have expressexstrong support, many acknowledging that the economy is a challenged for everybody.” Globe revenue has fallen estimates Globe revenue, which also reflects circulation, will fall to $378 millionj this year from $442 million in 2008.
Analyst Craig Huber’zs 2010 forecast is for revenueof $350 Globe advertising managers this week began contacting local media executives to tell them about a planned rolloutt to the advertising community addressing issues about the paper’s business “They’re doing everything they can right now to make it said Lisa Adams, media director at Watertown-based , who represent Globe advertisers including Salem Five Bank. Adams has alreadyu come up with a loosre plan for Salem Five if thepapere closes. “I don’t see the Globe goinhg away,” said Adams. “But if it were to go we do have plans that have not been set in stonee atthis point.
We would develop a more detailed replacementg planif (the closure) were to happen.” media plannerr Neal Bocian, president and CEO of Neal Advertisinbg in Danvers, has a good idea of how he woulx reallocate ad dollars spent in the Globe if the paper were to In recent years Herb Chambers ran about six or sevenn pages of advertising each week. Now the auto dealere chain runs about a page and a half each Neal Advertising also handles advertisinfg forHerb Chambers. “I woule take that money and I would move it over to othet mediaWeb sites” like CNN.com or Bocian said.
“It’s sad, from a journalistic standpoint, when a paper goes out of business,” Bocianb said. Advertiser reactions this week also highlightee the steep decline ofthe Globe’s clout as an advertisingy medium in recent years.
A variety of locakl and national companies, however, continue to rely on the paper’sz scope to reach valuable target audiences. Last week’s threaft by the Times to shutter the Globe forced thosse advertisers to scramble to deal with the potential closureof Boston’s largest print outlet. “Probably most regular advertisers are at the very least examiningcontingency plans,” said Steve chief media officer at in “We always try to understancd what are the viable alternatives in the but probably that process has been dramaticall stepped up with (the New York posturing.
” Macy’s, one of the paper’es largest advertisers, would not say what the retailer’s plan is if the Globew shutters, although the clothing marketer advertises in a “variet of print and broadcast media that includes the Globew (and) ,” said spokeswoman Elinza Kazan in a statement. “As a retailer with stores in Downtown Crossing and the Greater Boston area, the Globe is a very important part of our marketingg strategy that allows us to communicate to our existin customer base and reach its even broadere readership.
Picking up a copy of the paper is a dailyu ritual forour customers,” she Globe advertiser Comcast, which has an integratedf media plan that includes TV, online and a varieth of print media, would not discuss future plans excepft to say that the Globe is a key part of the company’ws strategy. “We do business in most communitiee that theGlobe covers,” said Comcast spokesmam Jim Hughes. “We rely heavily on the Globd and Boston.com. We look forward to working with them in theyearas ahead.
” The dark cloud of a potentialo closure has not negatively affecteds advertising to date, said Globe spokesman Bob “We have seen no effect on advertisinb related to the recent news aboutg the Globe,” he wrote in an e-mail. “Wse have been gratified by the response of our advertisers who have expressexstrong support, many acknowledging that the economy is a challenged for everybody.” Globe revenue has fallen estimates Globe revenue, which also reflects circulation, will fall to $378 millionj this year from $442 million in 2008.
Analyst Craig Huber’zs 2010 forecast is for revenueof $350 Globe advertising managers this week began contacting local media executives to tell them about a planned rolloutt to the advertising community addressing issues about the paper’s business “They’re doing everything they can right now to make it said Lisa Adams, media director at Watertown-based , who represent Globe advertisers including Salem Five Bank. Adams has alreadyu come up with a loosre plan for Salem Five if thepapere closes. “I don’t see the Globe goinhg away,” said Adams. “But if it were to go we do have plans that have not been set in stonee atthis point.
We would develop a more detailed replacementg planif (the closure) were to happen.” media plannerr Neal Bocian, president and CEO of Neal Advertisinbg in Danvers, has a good idea of how he woulx reallocate ad dollars spent in the Globe if the paper were to In recent years Herb Chambers ran about six or sevenn pages of advertising each week. Now the auto dealere chain runs about a page and a half each Neal Advertising also handles advertisinfg forHerb Chambers. “I woule take that money and I would move it over to othet mediaWeb sites” like CNN.com or Bocian said.
“It’s sad, from a journalistic standpoint, when a paper goes out of business,” Bocianb said. Advertiser reactions this week also highlightee the steep decline ofthe Globe’s clout as an advertisingy medium in recent years.
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