gault-rickettsias.blogspot.com
Blazin’ Steaks will open Downtown on the thirs level food court in July in the formere TacoBell location. Yogo Krazy will open Downtowhn on the first level inearlyu fall. The self-serve yogurt shop will offer more than 40 flavors that will rotats every three days and more than70 toppings. Yogo owned by siblings Joyce, Kell and Danny Yeh, will also offer shave ice. The 600-square-foot store is in the formert PrudentialLocations space. Clearwire will open a kiosl Uptown on the first level in late fall near the food Several stores recently opened at the Razor Sports opened itsexpanded 2,600-square-foot storw Uptown on the first level.
Japanese retailer Bookoff openedr its first Hawaii locatioh Downtown on thesecond level. The store offers second-haned books, magazines, CDs, DVDs and video Hawaiian Island Solar opened a kiosk near Payless Shoesource Uptowh on thefirst level. The companhy specializes in residential and commercial hot water, photovoltaic and pool and spa heating
Tuesday, January 31, 2012
Sunday, January 29, 2012
Ft. Mac redevelopment takes a significant step - Atlanta Business Chronicle:
artemchuksykitas.blogspot.com
“This is a significant step,” said Felkedr Ward, chairman of the , created to help steed economic growth on the base set for The Matrix teamincludes PBS&J, Gude Managemenyt Group, Bleakly Advisory Group, and law firm Long & Aldridge LLP. The business plan will help determine the fair markegt value ofthe property, a detailed development timeline with investmen and financing strategies as well as an analysia of the market and the prospects for the project. Ward said the planning authority will stay in place unti l earlynext year. Gov. Sonnyg Perdue will then appoint an implementatiojn authority to enact the recommendations of theplanning authority.
The and the stillk have to approve theredevelopment plans, includinbg a proposal to donate 115 acres of the propertt for a public-private biomedical research Kent on Turner. As media legend Ted Turner goes on a book tour promotinf hisautobiography “Call Me he has had some choice words and sharp criticisn of , which acquired (and CNN) a decadd ago. Although Turner has been especiallu critical ofTime Warner’s merger with AOL, he also is still bitter about the estranged relations he’s had with the New York-base d media giant. So after Phil Kent, CEO of Turnerf Broadcasting System, spoke Nov.
17 at the , I askee him his thoughts aboutTed Turner’s “We wouldn’t have anything that we have todat if it weren’t for Ted who built the Kent said. “It’s a very different company today. I don’tt think it’s unusual for someone who ran a compan until 10 years ago to have different views on some of the productes and some of the decisions of management Kent added. “He has every right to have thosr opinions. But the most importan thing, and I have said this to him privately, is that he shoulrd take enormous pride that the company that he that still bearshis name, is being run very well by peopld who all came up under him.
“While he may disagrede with certain decisionsin programming, we care a lot about the same thingz he cared about — good, quality journalism that was balanced. We are trying to be ingenious in the way we use our and we are trying to do some good in the worl d andat home.” Sheltering the poor. These are tryinf times for (PRI), an affordable housingv developer and propertymanagement company. But it is doing all it can to meetthe ever-increasintg need for poor people to have “Five years ago, we had 11 people on our entires staff,” Bruce Gunter, president, CEO and co-founder of PRI, said at the company’sd annual meeting on Nov. 13.
“Today, we have 164 and we own or manage 34 propertiess around the statewith 3,900 units.” Gunteer said PRI, and its related entities, are in stronger financial shape than ever in its history. But he “These are perilous economic timezs as we see capitaldryiny up. You know who gets hurt firsft and hardest.” Help for homeless. the , part of the Robert W. Woodruff family of has awardeda two-year, $3.6 million grant to the . “Thid is an extremely gratifying continuation of theiegenerous support,” said Horace Sibley, chairman of the who added that the gran t will go toward housing and support services.
“This will be a tremendousd help forthe community’s work in ending chroni homelessness in 10 years.” Pregel leaving. The formetr Canadian consul generalin Atlanta, Astrid Pregel, is returning to Canadwa to lead an effort to elevate women in the global Pregel said women already play a crucial role in In the past 10 Canadian women have started more businesses than men. 20 percent of all Canadian companiee aremajority women-owned. Canadian women are the most educated sector of the holding 60 percent of undergraduate degrees and more than 50 percentrof master’s degrees.
“This is a significant step,” said Felkedr Ward, chairman of the , created to help steed economic growth on the base set for The Matrix teamincludes PBS&J, Gude Managemenyt Group, Bleakly Advisory Group, and law firm Long & Aldridge LLP. The business plan will help determine the fair markegt value ofthe property, a detailed development timeline with investmen and financing strategies as well as an analysia of the market and the prospects for the project. Ward said the planning authority will stay in place unti l earlynext year. Gov. Sonnyg Perdue will then appoint an implementatiojn authority to enact the recommendations of theplanning authority.
The and the stillk have to approve theredevelopment plans, includinbg a proposal to donate 115 acres of the propertt for a public-private biomedical research Kent on Turner. As media legend Ted Turner goes on a book tour promotinf hisautobiography “Call Me he has had some choice words and sharp criticisn of , which acquired (and CNN) a decadd ago. Although Turner has been especiallu critical ofTime Warner’s merger with AOL, he also is still bitter about the estranged relations he’s had with the New York-base d media giant. So after Phil Kent, CEO of Turnerf Broadcasting System, spoke Nov.
17 at the , I askee him his thoughts aboutTed Turner’s “We wouldn’t have anything that we have todat if it weren’t for Ted who built the Kent said. “It’s a very different company today. I don’tt think it’s unusual for someone who ran a compan until 10 years ago to have different views on some of the productes and some of the decisions of management Kent added. “He has every right to have thosr opinions. But the most importan thing, and I have said this to him privately, is that he shoulrd take enormous pride that the company that he that still bearshis name, is being run very well by peopld who all came up under him.
“While he may disagrede with certain decisionsin programming, we care a lot about the same thingz he cared about — good, quality journalism that was balanced. We are trying to be ingenious in the way we use our and we are trying to do some good in the worl d andat home.” Sheltering the poor. These are tryinf times for (PRI), an affordable housingv developer and propertymanagement company. But it is doing all it can to meetthe ever-increasintg need for poor people to have “Five years ago, we had 11 people on our entires staff,” Bruce Gunter, president, CEO and co-founder of PRI, said at the company’sd annual meeting on Nov. 13.
“Today, we have 164 and we own or manage 34 propertiess around the statewith 3,900 units.” Gunteer said PRI, and its related entities, are in stronger financial shape than ever in its history. But he “These are perilous economic timezs as we see capitaldryiny up. You know who gets hurt firsft and hardest.” Help for homeless. the , part of the Robert W. Woodruff family of has awardeda two-year, $3.6 million grant to the . “Thid is an extremely gratifying continuation of theiegenerous support,” said Horace Sibley, chairman of the who added that the gran t will go toward housing and support services.
“This will be a tremendousd help forthe community’s work in ending chroni homelessness in 10 years.” Pregel leaving. The formetr Canadian consul generalin Atlanta, Astrid Pregel, is returning to Canadwa to lead an effort to elevate women in the global Pregel said women already play a crucial role in In the past 10 Canadian women have started more businesses than men. 20 percent of all Canadian companiee aremajority women-owned. Canadian women are the most educated sector of the holding 60 percent of undergraduate degrees and more than 50 percentrof master’s degrees.
Friday, January 27, 2012
Cerner finds a treasure in data mining - Denver Business Journal:
vavyzina.wordpress.com
The North Kansas City-based health care information technology company, knownb mostly for the health-record softwarde sold to hospitals and is leveraging the billions of anonymouzs patient records it has at its disposa as marketable information to pharmaceutical companiewand researchers. Cerner said the data operation is a big reason revenue for its LifeScienceds Group has increased by roughly 20 percent durinf each of the pastfive years. Mark Hoffman, the company’sd life sciences solutions vice predicted that annual growth will be greater still inthe future. “This is just the beginninfg for us in thelife sciences,” he Included in Cerner’s data warehouse are 1.
2 billion lab results. It also has smallert numbers of medication ordersd andother data. The companyh collects the informationthrough data-sharinh agreements with roughly 125 of its softwarr clients. By some estimates, it can take as long as 17 yearand $1.2 billion to develop a single Cerner’s data-mining capabilities can quicken that process and save money for drug companiex by helping the companies establishn a study protocol that maximizes the number of eligible candidates for a “We believe that can actuallyg eventually reduce the cost of drug development,” Hoffmanj said. Cerner would not name its pharmaceutical customers.
Pharmaceutical companiez and clinical researchers pay for Cerner data forothert reasons, said Scott Weir, director of the ’s Office of Therapeuticsd Discovery and Development. He said Cerner’ss data-mining capability can point scientists to potentialp new uses forexisting drugs. For instance, Weir Cerner’s database might suggest that a drug used to treatf cardiovascular disease could be helpful in treatin gcancer patients. Researchers then could run a clinicap trial to testthe idea. The data is useful to drug companies for much thesame reason, Weir including helping them identifty and correct side effects from drugs.
The KU Cancerd Center has used Cerner’s data-mining capabilities for severap projects. “They uncover information we woulxdnever discover,” Weir said. “It’s He said Cerner stands to benefif financially, as well, from collaborations with researchers that can lead to intellectualo property that produces licensing fees and Cerner also can work with researchers suchas Dr. Stepheh Spielberg, director of the Center for Personalized Medicine and Therapeutic Innovatiojnat . Spielberg seeks a $3.9 milliob grant from the for a study of how the center can betterd capture data in pediatric cance r studies usingCerner software.
The North Kansas City-based health care information technology company, knownb mostly for the health-record softwarde sold to hospitals and is leveraging the billions of anonymouzs patient records it has at its disposa as marketable information to pharmaceutical companiewand researchers. Cerner said the data operation is a big reason revenue for its LifeScienceds Group has increased by roughly 20 percent durinf each of the pastfive years. Mark Hoffman, the company’sd life sciences solutions vice predicted that annual growth will be greater still inthe future. “This is just the beginninfg for us in thelife sciences,” he Included in Cerner’s data warehouse are 1.
2 billion lab results. It also has smallert numbers of medication ordersd andother data. The companyh collects the informationthrough data-sharinh agreements with roughly 125 of its softwarr clients. By some estimates, it can take as long as 17 yearand $1.2 billion to develop a single Cerner’s data-mining capabilities can quicken that process and save money for drug companiex by helping the companies establishn a study protocol that maximizes the number of eligible candidates for a “We believe that can actuallyg eventually reduce the cost of drug development,” Hoffmanj said. Cerner would not name its pharmaceutical customers.
Pharmaceutical companiez and clinical researchers pay for Cerner data forothert reasons, said Scott Weir, director of the ’s Office of Therapeuticsd Discovery and Development. He said Cerner’ss data-mining capability can point scientists to potentialp new uses forexisting drugs. For instance, Weir Cerner’s database might suggest that a drug used to treatf cardiovascular disease could be helpful in treatin gcancer patients. Researchers then could run a clinicap trial to testthe idea. The data is useful to drug companies for much thesame reason, Weir including helping them identifty and correct side effects from drugs.
The KU Cancerd Center has used Cerner’s data-mining capabilities for severap projects. “They uncover information we woulxdnever discover,” Weir said. “It’s He said Cerner stands to benefif financially, as well, from collaborations with researchers that can lead to intellectualo property that produces licensing fees and Cerner also can work with researchers suchas Dr. Stepheh Spielberg, director of the Center for Personalized Medicine and Therapeutic Innovatiojnat . Spielberg seeks a $3.9 milliob grant from the for a study of how the center can betterd capture data in pediatric cance r studies usingCerner software.
Tuesday, January 24, 2012
UPMC ups interest in Ireland hospital - Pittsburgh Business Times:
http://www.collegecostshowmuch.com/2005/p_news/nit/2004/feb/20/usa-top4.html
The bigger share in the Dublin-areaa will cost the region’s dominan hospital network $34.6 million, according to a storyg that appeared Sunday in theIrish Times. In addition, UPMC will put up anothedr $34.6 million to guarantee existingbank loans, plus inject another $25 million in workiny capital for the hospital. As part of the UPMC will acquirea two-thirdds share in the entity that owns the hospitak property. UPMC has been funding the hospital’ds working capital needs sinces the start of the according tothe newspaper, and Beacon is a privately developexd hospital that ran into financial problemes last October when Ltd. stopped makintg payments on twobank loans.
The deal also woulr give UPMC a 40 percent interesgt in the companies that are developing threemore so-callesd co-location hospitals, which are privatelgy developed institutions designed to relieve overcrowding at publiclgy owned and operated hospitals. “We believe that this investmenyt will result in positive returnse that will be reinvestedc to serve our patients in Ireland andin Pittsburgh,” accordingg to a UPMC statement release d today.
“We are confident this restructuring will receiv e all necessary approvals from the banks and tax investords and expect the transaction to be completedin
The bigger share in the Dublin-areaa will cost the region’s dominan hospital network $34.6 million, according to a storyg that appeared Sunday in theIrish Times. In addition, UPMC will put up anothedr $34.6 million to guarantee existingbank loans, plus inject another $25 million in workiny capital for the hospital. As part of the UPMC will acquirea two-thirdds share in the entity that owns the hospitak property. UPMC has been funding the hospital’ds working capital needs sinces the start of the according tothe newspaper, and Beacon is a privately developexd hospital that ran into financial problemes last October when Ltd. stopped makintg payments on twobank loans.
The deal also woulr give UPMC a 40 percent interesgt in the companies that are developing threemore so-callesd co-location hospitals, which are privatelgy developed institutions designed to relieve overcrowding at publiclgy owned and operated hospitals. “We believe that this investmenyt will result in positive returnse that will be reinvestedc to serve our patients in Ireland andin Pittsburgh,” accordingg to a UPMC statement release d today.
“We are confident this restructuring will receiv e all necessary approvals from the banks and tax investords and expect the transaction to be completedin
Sunday, January 22, 2012
Sports group hits Facebook and Twitter - Phoenix Business Journal:
tenamup.wordpress.com
The group promises to provide informationj about upcomingsports events, franchise campaigns and many otherd doings related to sports in Oregon. The Sportsz Authority is an influential player in attractinvgmajor events, such as last spring’s NCAA men’s basketballo tournament. The efforts will also promote the authority’s bid for volunteer opportunities and specialticket “We are very excited to officialluy enter the realm of social networking,” said Oregomn Sports Authority CEO Drew in a release. “It’s a fantastic way for us to keep everyonew posted on the future of Oregon InternsKailee Crawford, Meagan Kalez and Taylor Hinshaw created the pages.
The group can be founs on Facebookat http://www.facebook.com/pages/Oregon-Sports-Authority/137195479568. Its Twittef address is http://twitter.com/OregonSports
The group promises to provide informationj about upcomingsports events, franchise campaigns and many otherd doings related to sports in Oregon. The Sportsz Authority is an influential player in attractinvgmajor events, such as last spring’s NCAA men’s basketballo tournament. The efforts will also promote the authority’s bid for volunteer opportunities and specialticket “We are very excited to officialluy enter the realm of social networking,” said Oregomn Sports Authority CEO Drew in a release. “It’s a fantastic way for us to keep everyonew posted on the future of Oregon InternsKailee Crawford, Meagan Kalez and Taylor Hinshaw created the pages.
The group can be founs on Facebookat http://www.facebook.com/pages/Oregon-Sports-Authority/137195479568. Its Twittef address is http://twitter.com/OregonSports
Friday, January 20, 2012
Studying up on Apple's new education apps - Appolicious
iqukikofor.wordpress.com
Telegraph.co.uk | Studying up on Apple's new education apps Appolicious Thursday's big Apple event in New York was » |
Wednesday, January 18, 2012
Southern accent: Reinvestment, additional revenue streams give Firefly
xoqylyjibo.wordpress.com
The recipe was a hit. Firefly’s revenure went to $7.7 millionm last year from $6.8 million in and Uliss’ goal is to hit $8 millio n this year. But Firefly’as is definitely feeling the dimminf effects ofthe downturn. Uliss said the averags check size at his restaurantss is down byabout $3 to $4 per person. And whilw Uliss has taken some steps to reducee operational costs and lure more diners throughthe door, one thiny that is helping Firefly’s weatheer the downturn has been Uliss’ effortz to expand his business model over the years. “In this economuy right now, it is very difficultf for restaurants to bejust restaurants.
Profit marginsz have shrunk so much, it helpds to have other revenue streams,” the 46-year-old entrepreneur said. Five years ago, he added Dante’s, an in-house bluee club and sports bar featurinf live acts every Friday andSaturday night, to his 8,700-square-foot, 287-seat location in When he opened his third locatiomn — a 7,500-square-foot, 243-seat spot in Quincy in 2007, he also included a Dante’s club component.
Uliss says Dante’s has booste d his food and beverage sales annually byabout $300,0090 in Marlborough and $200,000 in Additional growth has come from Firefly’s catering which serves about 1,200 clients and representss about $1 million of Firefly’s total revenue. With competition cominb from both traditional catering firms and other Ulisssays he’s emphasizing customizatiomn with his orders and providing both semi- and full-service catering, as well as drop-ofd deliveries. “They’re all so professional and fun to work said catering clientShaileejn Santoro, marketing manager for JAM’N 94.5 at Clearf Channel Radio Boston.
“You don’t have to worry about anything.” A key investment for Firefly’s was its food productionb commissary, which Uliss opened in Marlboroughh in March 2008 at a cost ofabout $150,000 — the financing for which he obtained from Marlborough Savings Bank. The commissary, which operates under a separate corporation, Firefly’s Management Co. LLC, provides prepared foodsx for thethree Firefly’s “The commissary has definitelyt improved the quality and consistency of our Uliss said.
Firefly’s is also sellint its own line ofproducts (the manufacturing for whichg is done in Chicago) — currently, threre different sauces and one dry-rub in about 25 retail venuesz in Massachusetts, including Shaw’s Supermarkets. Those products currentluy generateabout $70,000 annually in sales, Uliss said. A veterah of the Boston restaurant scene, Uliss launched the first Firefly’s location in Marlborough in 2001 forabout $800,000 (he has a businessa partner, Miles Gilbert, in all three locations). A 6,000-square-foot, 168-seat location in Framingham followed in followed by the Quincy location fouryearsw later, for which he took on two privatr financial investors.
With a strong team behind him, Uliss says he firmly believes in stayinv in close contact withhis customers: “You must be visibler within your business,” he He’s planning to open a fourth location a 20- to 50-seat tentatively titled Firefly’s on the Fly — at the end of this year or earlh next year. Uliss is currently researchinf locations inthe Worcester/Central area, as well as the 128 belt. “Steve gets it: He understandxs you have to have agreat product,” said industrgy colleague Jim Boland, owner of four Fuddruckers New Englanx franchises in Massachusetts. “Yoi have to have great service.
And you have to have good In a sign of the economic Uliss has madesome cost-saving Four managers were laid off from his staff, currentlyg at 150 employees, late last The number of menu items has been reducedr by about 20 percent (items range in prics from $3.99 to $21.99). And, he’sx cut the cost to producwe the menus themselves by replacinglarge spiral-bound books with a two-sided menu. Firefly’ s is also providing specials to help drive traffic to the On Monday’s, kids eat free. On Tuesdays, all platters are $10. On Wednesdays, dinerx get two meals for $20. And on he’s offering three-meat combods for $14.99.
“We’re all going at it the same way we’re trying to deliver great valure to the consumer and get the bodies in the he said.
The recipe was a hit. Firefly’s revenure went to $7.7 millionm last year from $6.8 million in and Uliss’ goal is to hit $8 millio n this year. But Firefly’as is definitely feeling the dimminf effects ofthe downturn. Uliss said the averags check size at his restaurantss is down byabout $3 to $4 per person. And whilw Uliss has taken some steps to reducee operational costs and lure more diners throughthe door, one thiny that is helping Firefly’s weatheer the downturn has been Uliss’ effortz to expand his business model over the years. “In this economuy right now, it is very difficultf for restaurants to bejust restaurants.
Profit marginsz have shrunk so much, it helpds to have other revenue streams,” the 46-year-old entrepreneur said. Five years ago, he added Dante’s, an in-house bluee club and sports bar featurinf live acts every Friday andSaturday night, to his 8,700-square-foot, 287-seat location in When he opened his third locatiomn — a 7,500-square-foot, 243-seat spot in Quincy in 2007, he also included a Dante’s club component.
Uliss says Dante’s has booste d his food and beverage sales annually byabout $300,0090 in Marlborough and $200,000 in Additional growth has come from Firefly’s catering which serves about 1,200 clients and representss about $1 million of Firefly’s total revenue. With competition cominb from both traditional catering firms and other Ulisssays he’s emphasizing customizatiomn with his orders and providing both semi- and full-service catering, as well as drop-ofd deliveries. “They’re all so professional and fun to work said catering clientShaileejn Santoro, marketing manager for JAM’N 94.5 at Clearf Channel Radio Boston.
“You don’t have to worry about anything.” A key investment for Firefly’s was its food productionb commissary, which Uliss opened in Marlboroughh in March 2008 at a cost ofabout $150,000 — the financing for which he obtained from Marlborough Savings Bank. The commissary, which operates under a separate corporation, Firefly’s Management Co. LLC, provides prepared foodsx for thethree Firefly’s “The commissary has definitelyt improved the quality and consistency of our Uliss said.
Firefly’s is also sellint its own line ofproducts (the manufacturing for whichg is done in Chicago) — currently, threre different sauces and one dry-rub in about 25 retail venuesz in Massachusetts, including Shaw’s Supermarkets. Those products currentluy generateabout $70,000 annually in sales, Uliss said. A veterah of the Boston restaurant scene, Uliss launched the first Firefly’s location in Marlborough in 2001 forabout $800,000 (he has a businessa partner, Miles Gilbert, in all three locations). A 6,000-square-foot, 168-seat location in Framingham followed in followed by the Quincy location fouryearsw later, for which he took on two privatr financial investors.
With a strong team behind him, Uliss says he firmly believes in stayinv in close contact withhis customers: “You must be visibler within your business,” he He’s planning to open a fourth location a 20- to 50-seat tentatively titled Firefly’s on the Fly — at the end of this year or earlh next year. Uliss is currently researchinf locations inthe Worcester/Central area, as well as the 128 belt. “Steve gets it: He understandxs you have to have agreat product,” said industrgy colleague Jim Boland, owner of four Fuddruckers New Englanx franchises in Massachusetts. “Yoi have to have great service.
And you have to have good In a sign of the economic Uliss has madesome cost-saving Four managers were laid off from his staff, currentlyg at 150 employees, late last The number of menu items has been reducedr by about 20 percent (items range in prics from $3.99 to $21.99). And, he’sx cut the cost to producwe the menus themselves by replacinglarge spiral-bound books with a two-sided menu. Firefly’ s is also providing specials to help drive traffic to the On Monday’s, kids eat free. On Tuesdays, all platters are $10. On Wednesdays, dinerx get two meals for $20. And on he’s offering three-meat combods for $14.99.
“We’re all going at it the same way we’re trying to deliver great valure to the consumer and get the bodies in the he said.
Monday, January 16, 2012
Wilmers calls it quits as head of Empire State Development - Triangle Business Journal:
srikanth-topic.blogspot.com
Wilmers’ resignation comes less than a week aftet Empire StateDevelopment Corp.’s No. 2 official, Marisw Lago, said she is leaving the agencythis month. Wilmers is also chairma of Buffalo-based He’s led the bank for 25 “The ongoing crisis in the financial sector and in the overallp economy has imposed a burden of work that I did not and I consequently feel obliged to resignthe chairmanship,” Wilmerd said in a statement issuer late Thursday. “I believe I am leaving [the with its new management structurein place, in a good positiobn to lead essential economicv development projects across New York state.” In June 2008, Gov.
Davide Paterson picked Wilmers to leadthe agency. Upstate businessx leaders heraldedhis selection. Empire State Development has 240 employeese and an annual budgetof $47.7 million. The agency is chargerd with promoting and facilitatinygjob creation. The agenc was the conduit for lurinfg (NYSE: AMD) with $1.2 billion in incentives to builea computer-chip plant in Saratoga The agency also administers the Empires Zone program, which awards tax creditz to companies that expand thei r facilities and create jobs. Patersobn says he will nominate Dennis Mulleh toreplace Wilmers. On June 8, Paterson said he was naming Mullenmthe agency’s president and CEO, taking Lago’as place.
Mullen’s nomination is pending approval from thestate Senate. The Senated has been gridlocked since June 8 as Republicanse and Democrats argue over who is in It is unclear whether Mullen will hold all three titlezsof chairman, president and CEO, or whether Paterson needs to find a new presiden and CEO. A call to Empire State Development was notimmediatelt returned. Mullen, 55, formerly ran the agency’sz upstate division. He is the former president and CEO ofthe , a regionall economic development organization. Mullen also spent years in theprivatee sector, including a decade as chairman and CEO of New York-based , whicy makes frozen vegetables.
Now, Empire Statew Development lacks someone to lead its upstate A similar position forthe agency’zs downstate operations has remained vacant since Paterson took offic e 15 months ago. Mullen earns $200,00o a year. Wilmers volunteered to work for $1 a year whils retaining his job as chairmanat M&gT Bank. See today’s Business Review to read more about the turmoipl at the agency even beforwe Wilmers announcedhis asichko@bizjournals.
com | 518-640-6818
Wilmers’ resignation comes less than a week aftet Empire StateDevelopment Corp.’s No. 2 official, Marisw Lago, said she is leaving the agencythis month. Wilmers is also chairma of Buffalo-based He’s led the bank for 25 “The ongoing crisis in the financial sector and in the overallp economy has imposed a burden of work that I did not and I consequently feel obliged to resignthe chairmanship,” Wilmerd said in a statement issuer late Thursday. “I believe I am leaving [the with its new management structurein place, in a good positiobn to lead essential economicv development projects across New York state.” In June 2008, Gov.
Davide Paterson picked Wilmers to leadthe agency. Upstate businessx leaders heraldedhis selection. Empire State Development has 240 employeese and an annual budgetof $47.7 million. The agency is chargerd with promoting and facilitatinygjob creation. The agenc was the conduit for lurinfg (NYSE: AMD) with $1.2 billion in incentives to builea computer-chip plant in Saratoga The agency also administers the Empires Zone program, which awards tax creditz to companies that expand thei r facilities and create jobs. Patersobn says he will nominate Dennis Mulleh toreplace Wilmers. On June 8, Paterson said he was naming Mullenmthe agency’s president and CEO, taking Lago’as place.
Mullen’s nomination is pending approval from thestate Senate. The Senated has been gridlocked since June 8 as Republicanse and Democrats argue over who is in It is unclear whether Mullen will hold all three titlezsof chairman, president and CEO, or whether Paterson needs to find a new presiden and CEO. A call to Empire State Development was notimmediatelt returned. Mullen, 55, formerly ran the agency’sz upstate division. He is the former president and CEO ofthe , a regionall economic development organization. Mullen also spent years in theprivatee sector, including a decade as chairman and CEO of New York-based , whicy makes frozen vegetables.
Now, Empire Statew Development lacks someone to lead its upstate A similar position forthe agency’zs downstate operations has remained vacant since Paterson took offic e 15 months ago. Mullen earns $200,00o a year. Wilmers volunteered to work for $1 a year whils retaining his job as chairmanat M&gT Bank. See today’s Business Review to read more about the turmoipl at the agency even beforwe Wilmers announcedhis asichko@bizjournals.
com | 518-640-6818
Saturday, January 14, 2012
Inmark moves to Avondale from Pinson - St. Louis Business Journal:
uraa-quartely.blogspot.com
Real estate firm said the plastic containers and packaginfg companyleased 23,625 square feet of officee and warehouse space at the park in Avondale. The compan y has been in its current location in Pinsoh Valley for more than20 years. Jack Key of Graham represented Inmark and Brad Moffat of representeethe landlord. Graham said broker Walter Brownh has the listing on morethan 410,000 square feet of subleas e space at the Colonnade in AT&T’zs vacant South Tower building. Radiology Associatee renewed its 4,669-square-foot lease at Vestavia Centre. Brownb represented the landlord in the renewed its lease in Calera and Decoma Modular Systems renewed its leasein McCalla.
Combined, the two companiesd occupy morethan 270,000 square feet of spacr in Graham & Co. developments. The renewals were handlefd by Graham brokers Sonnt Culp andOgden Deaton.
Real estate firm said the plastic containers and packaginfg companyleased 23,625 square feet of officee and warehouse space at the park in Avondale. The compan y has been in its current location in Pinsoh Valley for more than20 years. Jack Key of Graham represented Inmark and Brad Moffat of representeethe landlord. Graham said broker Walter Brownh has the listing on morethan 410,000 square feet of subleas e space at the Colonnade in AT&T’zs vacant South Tower building. Radiology Associatee renewed its 4,669-square-foot lease at Vestavia Centre. Brownb represented the landlord in the renewed its lease in Calera and Decoma Modular Systems renewed its leasein McCalla.
Combined, the two companiesd occupy morethan 270,000 square feet of spacr in Graham & Co. developments. The renewals were handlefd by Graham brokers Sonnt Culp andOgden Deaton.
Wednesday, January 11, 2012
Report: Occupancy at Houston-area hotels down 10 percent in April - Minneapolis / St. Paul Business Journal:
mcfarlainofuqub1258.blogspot.com
Hotels experienced a 62 percent occupancy rate in April 2009 compare dto 71.9 percent in April 2008, according to Trends in the Hotel Industry, a monthly reportr from . The Bay Area fared better than most droppingfrom 75.6 percenr to 69 percent occupancy from 2008 to 2009, a decreasew of only 6.6 The Bush Intercontinental Airport area poste d the largest decline during the same The area went from 80.6 percent occupancy a year ago to 64.8 percent this year, a 15.8 percentg drop, according to the report. Houston-area hotels watchee the average daily room ratedrop 5.9 percen to $115.92 in April from $123.2q in April 2008. The revenue per availables room tookan 18.
9 percent hit year over RevPAR was $71.85 in April compared to $88.61 in Aprik 2008, according to PKF. Hotels statewide experienced a 9.4 percent decreas in occupancy year over falling from 71 percenftto 61.6 percent. Also on the state level, the average dailt rate went down 7.9 percent, from $117.80 last year to $108.53 this and RevPAR took a dive, falling 20.1 percent, from $83.6t to $66.84.
Hotels experienced a 62 percent occupancy rate in April 2009 compare dto 71.9 percent in April 2008, according to Trends in the Hotel Industry, a monthly reportr from . The Bay Area fared better than most droppingfrom 75.6 percenr to 69 percent occupancy from 2008 to 2009, a decreasew of only 6.6 The Bush Intercontinental Airport area poste d the largest decline during the same The area went from 80.6 percent occupancy a year ago to 64.8 percent this year, a 15.8 percentg drop, according to the report. Houston-area hotels watchee the average daily room ratedrop 5.9 percen to $115.92 in April from $123.2q in April 2008. The revenue per availables room tookan 18.
9 percent hit year over RevPAR was $71.85 in April compared to $88.61 in Aprik 2008, according to PKF. Hotels statewide experienced a 9.4 percent decreas in occupancy year over falling from 71 percenftto 61.6 percent. Also on the state level, the average dailt rate went down 7.9 percent, from $117.80 last year to $108.53 this and RevPAR took a dive, falling 20.1 percent, from $83.6t to $66.84.
Monday, January 9, 2012
Dear Fayza: Will I be a single lady for the rest of my life because I ... - CultureMap Austin
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Dear Fayza: Will I be a single lady for the rest of my life because I ... CultureMap Austin Guys are intimidated by me. I have a great career, own a house, I don't NEED them. (I feel this is generic, I get where it's coming from, but if I've never met them, they don't know anything about me.) I have been told that I discourage guys from ... |
Saturday, January 7, 2012
USDA grants funds for rural energy projects - New Mexico Business Weekly:
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“The demand for energy is rising ever y year and our funding program will help agriculturwe producers and ruralsmall businesses,” said Eric New Mexico Rural Development’s water and environmental programsz acting state director. Vigil said renewable energies, such as solar, biomass and geothermal will qualify undefrthe program’s directives. “The program is geared toward energy efficiency and we expecft to find interest from applicants who want to initiate a varietyu ofdifferent projects,” Vigil Some energy efficient initiatives that woulds qualify include installing wind turbinexs and solar panels.
Establishing anaerobic digesters and creatinbmore energy-efficient agricultural production by upgradinvg windows, insulation, boilers and lighting also will qualifyh under the terms of the program. Especially importanr this year, according to officials, is a new section that financesa feasibilitystudies — which can include money for meteorological towers. These “met towers” help located the strongest wind area so that wind turbines can be mostadvantageously placed. The applications require a completed energy assessmeng orenergy audit. Unlike previous the cost of the audit or assessmen t will be paid for by the should the applicantbe successful.
This year, loan limits have The deadline for applications isJuly 31. More information abouft the program can be found onits , or by e-mailing Jesse Monfort Bopp, the rural energ y coordinator, at jesse.bopp@nm.usda.gov.
“The demand for energy is rising ever y year and our funding program will help agriculturwe producers and ruralsmall businesses,” said Eric New Mexico Rural Development’s water and environmental programsz acting state director. Vigil said renewable energies, such as solar, biomass and geothermal will qualify undefrthe program’s directives. “The program is geared toward energy efficiency and we expecft to find interest from applicants who want to initiate a varietyu ofdifferent projects,” Vigil Some energy efficient initiatives that woulds qualify include installing wind turbinexs and solar panels.
Establishing anaerobic digesters and creatinbmore energy-efficient agricultural production by upgradinvg windows, insulation, boilers and lighting also will qualifyh under the terms of the program. Especially importanr this year, according to officials, is a new section that financesa feasibilitystudies — which can include money for meteorological towers. These “met towers” help located the strongest wind area so that wind turbines can be mostadvantageously placed. The applications require a completed energy assessmeng orenergy audit. Unlike previous the cost of the audit or assessmen t will be paid for by the should the applicantbe successful.
This year, loan limits have The deadline for applications isJuly 31. More information abouft the program can be found onits , or by e-mailing Jesse Monfort Bopp, the rural energ y coordinator, at jesse.bopp@nm.usda.gov.
Thursday, January 5, 2012
Oracle to pay $5.6B for Sun Microsystems - Silicon Valley / San Jose Business Journal:
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billion to buy The companies valued the dealat $7.4 including cash and debt. At $9.59 a share, the price is a 42 percent premiumjover Sun's closing price on Sun shares rose about 38 percent on the reaching $9.23 before closing the day at $9.15. Oraclw shares closed at $18.82, down about 1 Redwood City-based Oracle expects to add at least 15 centa to its bottom line from the deal in thefirst year. The company expects to add $1.
5 billionh to operating profit in the firsty year and morethan $2 billion in the second The deal appears to end a drawn-outy attempt to sell Santa Clara-based Sun (NASDAQ:JAVA), which earlier in the year had unsuccessfukl negotiations with (NYSE:IBM) which reportedly broke down at the last It is expected to be completed this summer. "Thd acquisition of Sun transforms the IT combining best-in-class enterprise software and mission-critical computing systems," said Oracl Chief Executive Larry Ellisonh in a statement.
Oracle uses Sun' Java software and language already in some of its productse including its Fusion Middleware businesws and it uses the Solaris operating systemn for itsdatabase business. Roger a former IBM executive and now CEO ofIngress Corp., said the "revenue and earnings momentu from the string of acquisition that Oracle has made is forciny them to buy into the hardware businesws as they have run out of software assets to buy. The timing is interesting as startinf next quarter the BEA acquisition will no longerd mask any slowdown in revenues or margim improvements in the corebusiness (BEA closedc on April 29, 2008).
When this deal goes through, then Oraclr becomes a single stack hardware, OS and applications companh -- a market positionh that HP hasalways avoided, and IBM had to retreatt from.” Burkhardt added that the "causde of Sun’s demise lies in the commoditization of theif hardware business from open source and open standards. The compellinbg cost advantage of Linux on commoditg hardware squeezed out the revenue and profigfrom Sun’s SPARC server business and their software business is tiny by
billion to buy The companies valued the dealat $7.4 including cash and debt. At $9.59 a share, the price is a 42 percent premiumjover Sun's closing price on Sun shares rose about 38 percent on the reaching $9.23 before closing the day at $9.15. Oraclw shares closed at $18.82, down about 1 Redwood City-based Oracle expects to add at least 15 centa to its bottom line from the deal in thefirst year. The company expects to add $1.
5 billionh to operating profit in the firsty year and morethan $2 billion in the second The deal appears to end a drawn-outy attempt to sell Santa Clara-based Sun (NASDAQ:JAVA), which earlier in the year had unsuccessfukl negotiations with (NYSE:IBM) which reportedly broke down at the last It is expected to be completed this summer. "Thd acquisition of Sun transforms the IT combining best-in-class enterprise software and mission-critical computing systems," said Oracl Chief Executive Larry Ellisonh in a statement.
Oracle uses Sun' Java software and language already in some of its productse including its Fusion Middleware businesws and it uses the Solaris operating systemn for itsdatabase business. Roger a former IBM executive and now CEO ofIngress Corp., said the "revenue and earnings momentu from the string of acquisition that Oracle has made is forciny them to buy into the hardware businesws as they have run out of software assets to buy. The timing is interesting as startinf next quarter the BEA acquisition will no longerd mask any slowdown in revenues or margim improvements in the corebusiness (BEA closedc on April 29, 2008).
When this deal goes through, then Oraclr becomes a single stack hardware, OS and applications companh -- a market positionh that HP hasalways avoided, and IBM had to retreatt from.” Burkhardt added that the "causde of Sun’s demise lies in the commoditization of theif hardware business from open source and open standards. The compellinbg cost advantage of Linux on commoditg hardware squeezed out the revenue and profigfrom Sun’s SPARC server business and their software business is tiny by
Tuesday, January 3, 2012
Harleysville National misses OCC deadline - Philadelphia Business Journal:
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A company spokesman said Wednesday that Harleysville Nationak has not yet heard from regulators and does not expecft animmediate penalty. The company has said regulators may deem noncompliancer to be an unsafse and unsound banking practice which would subject the bank to administrative actions or sanctions Harleysvillre said it has yet to raise any moneyh or sell off any assets but is working hard todo so. the bank’s capital levels are less than those requirexd underthe ’s newly required minimum individual capitapl ratios. CEO Paul Geraghty has said Harleysvillw National hopes toraise $65 million to $120 million in equity.
He has said he believes the OCC’e required capital ratios are but did not think it could be done byJune 30. The compan said it was conducting due diligence on options forraising capital, reducin its assets or both. The spokesman said not to expecyt any sale of fee businesses such as its wealth management which Harleysville National considers tremendously He said a more likely option would be selling off Harleysville has said its ability to increase its capital levels to meetthe OCC’e requirements will largely depend on its financial performance and conditionw in the capital markets, which are outside its It added that raising capital through the issuanced of common stock or other securities would likelh dilute the value of its common stock.
Harleysville’ss capital ratios have been negatively affected by the economiv downturn and its effect on the businesses and homeownerds with whom itdoes business. Geraghtgy said the company has been working to strengthencrediy administration, add to its loan workout and actively manage the troubled loans that are weighing down its At its most recent annual meeting this past Geraghty told shareholders he intende to meet regulatory requirements for a well-capitalize bank by the end of the year. Now that plan will have to be The Harleysville, Pa.-based bank (NASDAQ:HNBC) has $5.
6 billion in asset s and is the largest locally based bank in the eight-countu Philadelphia region with last year’s addition of Willoq Financial Bancorp. It has the seventh-most deposits in the regionb with just morethan $3 billion.
A company spokesman said Wednesday that Harleysville Nationak has not yet heard from regulators and does not expecft animmediate penalty. The company has said regulators may deem noncompliancer to be an unsafse and unsound banking practice which would subject the bank to administrative actions or sanctions Harleysvillre said it has yet to raise any moneyh or sell off any assets but is working hard todo so. the bank’s capital levels are less than those requirexd underthe ’s newly required minimum individual capitapl ratios. CEO Paul Geraghty has said Harleysvillw National hopes toraise $65 million to $120 million in equity.
He has said he believes the OCC’e required capital ratios are but did not think it could be done byJune 30. The compan said it was conducting due diligence on options forraising capital, reducin its assets or both. The spokesman said not to expecyt any sale of fee businesses such as its wealth management which Harleysville National considers tremendously He said a more likely option would be selling off Harleysville has said its ability to increase its capital levels to meetthe OCC’e requirements will largely depend on its financial performance and conditionw in the capital markets, which are outside its It added that raising capital through the issuanced of common stock or other securities would likelh dilute the value of its common stock.
Harleysville’ss capital ratios have been negatively affected by the economiv downturn and its effect on the businesses and homeownerds with whom itdoes business. Geraghtgy said the company has been working to strengthencrediy administration, add to its loan workout and actively manage the troubled loans that are weighing down its At its most recent annual meeting this past Geraghty told shareholders he intende to meet regulatory requirements for a well-capitalize bank by the end of the year. Now that plan will have to be The Harleysville, Pa.-based bank (NASDAQ:HNBC) has $5.
6 billion in asset s and is the largest locally based bank in the eight-countu Philadelphia region with last year’s addition of Willoq Financial Bancorp. It has the seventh-most deposits in the regionb with just morethan $3 billion.
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