kittredgeihuhyla1951.blogspot.com
The lawsuit states that seven companuy officials, including Vice Chairman and CEO Marc Hermelin and his company founder and ChairmanVictor Hermelin, violated shareholder-approved stock option plans and filed falsse annual reports with the Securities and Exchange Commissionb to hide their actions. The plaintiff in the lawsuit is listed as Frederick No other information is availableabout Fuhrman. "Ih a striking pattern that could not have been the resulof chance, each and every one of the foregoing stoco option grants was dated just before a substantiapl rise in KV Pharmaceutical's stock Fuhrman's suit says. A Pa.
, law firm that handles stockholders' derivative actionsd hired someone to review companiees in the wake of the ongoing backdatingb scandal and found KV inthat search, said Eric Zagar, an attorneg at the firm who is representing Fuhrman. KV didn't retur n calls for comment. Directors named in the suit are: Gerald Mitchell, who is also vice president and chietfinancial officer; Norman Schellenger, a member of the board' audit committee, a former member of its stock optionn committee and senior vice president of salex at Montgomery, Ala.-based ; and Kevin also a member of the audiyt committee and president of , a St. Louis-based managemeng services company.
The other two defendants are Raymond Chiostri, chairmajn and chief executive of KVsubsidiary , and Mitchello Kirschner, who was vice president of new businesss development at KV untip January. He is Victor Hermelin's son-in-law. Fuhrmab filed the 17-page suit in St. Louias Circuit Court in September. He is also representef by Dale Weppner and Jeffre y Schmitt of in Clayton and Sandra Smith ofof Radnor, Pa. For the year ended Marcbh 31, KV's profit dropped 52.6 percent on a salea climb of 21 percent attributed to higherf sales inthe company's brandede marketing operations, Ther-Rx Profit for fiscal 2006 fell to $15.8 million on sales of $367.
t6 million, compared with profit of $33.3 million on sales of $303.5 milliomn in fiscal 2005. In September, the company announcedd that the U.S. Food and Drug Administratio n had granted its approval to markeft six strengths of the blood pressurs medicine Diltiazem HCl ERin capsules. The drug is prescribed to trea hypertension andchest pain. KV at a glance • $367. million in fiscal 2006 revenue
Monday, December 31, 2012
Sunday, December 30, 2012
Women caught smuggling drugs in Rolpa - Himalayan Times
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Women caught smuggling drugs in Rolpa Himalayan Times The woman held with 3.18 kg charas has been identified as Kushma GM of Shivgadhi VDC, Kapilvastu. Police had arrested her at Bhrigu bazaar yesterday when she was going to Ghorahi, Dang, from Sulichaur of Rolpa by a bus (Na 2 Kha 1598). It is the first ... |
Friday, December 28, 2012
MOSERS to post staff pay online - St. Louis Business Journal:
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State Treasurer Clint Zweifel introducecthe motion, which passed Thursday at the MOSERS boards meeting. Previously a Sunshine Law request was needed to obtainthe information. “We cannot have a full and open discussio n and review of bonus pay if Missourians do not know the scope of what they are paying for at MOSERS and fortheir officials,” Zweifep said. The board also votexd to conduct a study of the staffg pay and how it compares to other Public officials, including Gov. Jay after the reported that MOSERS investment managers were awardednearly $460,000 in bonuses in Februart for their work in 2008, when the assetw they managed decreased in valuwe by about $1.8 billion.
MOSERS Executive Directof Gary Findlay said critics of the bonusezs should look at the performance of the fund and stated investment managers over thelong term. He said the stater employees who received bonusesadded $600 millionh to the value of the fund over the past five
State Treasurer Clint Zweifel introducecthe motion, which passed Thursday at the MOSERS boards meeting. Previously a Sunshine Law request was needed to obtainthe information. “We cannot have a full and open discussio n and review of bonus pay if Missourians do not know the scope of what they are paying for at MOSERS and fortheir officials,” Zweifep said. The board also votexd to conduct a study of the staffg pay and how it compares to other Public officials, including Gov. Jay after the reported that MOSERS investment managers were awardednearly $460,000 in bonuses in Februart for their work in 2008, when the assetw they managed decreased in valuwe by about $1.8 billion.
MOSERS Executive Directof Gary Findlay said critics of the bonusezs should look at the performance of the fund and stated investment managers over thelong term. He said the stater employees who received bonusesadded $600 millionh to the value of the fund over the past five
Thursday, December 27, 2012
NTSB Says Driver Inattention, Bad Brakes Led to Amtrak-Truck Collision - Truckinginfo
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San Francisco Chronicle | NTSB Says Driver Inattention, Bad Brakes Led to Amtrak-Truck Collision Truckinginfo An inattentive driver and poorly maintained brakes, including antilock brakes that had been rendered inoperable, were the probable cause of a commercial truck hitting an Amtrak passenger train in the Nevada desert last summer, killing six and injuring ... NTSB: Bad brakes due to shoddy maintenance, distracted driver caused deadly ... Nevada train crash caused by trucker NTSB hearing faults driver, poor brakes |
Sunday, December 23, 2012
STMM Named 'Top Guns' in Ranking by Informa Investment Solutions
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The database that South Texas Money Management wasmeasurede in, called the Planned Sponsor Networ k (PSN), is used by investmen professionals to evaluate and select managerds nationally. The peer group for Soutu Texas Money Management in this rankinf isDomestic All-Cap Core Equitty Managers. "This has been a very challenging environmen t for investors and managers so we are very pleased withthis recognition, " said , CFA, CEO and Chief Investment Officer of South Texasd Money Management, Ltd. "I am particularly proud of this rankingh because it is based on longterm performance. Our portfolios includse stocksof large, mid and small capitalizatioh companies in the U.S.
as well as internationalp companies. We also balance growth stocks andvalus stocks. Diversification is our numbert one rulein investing. I find that even many professionalp investors do not understand the effectivde methodsof diversification. It can reduce volatility. That is important." STMM's managed assets total approximately $1.4 billion and the company has over 50 employees that includresearch analysts, fixed income and equityh managers and investment advisors. STMM, with offices in San Austin, Dallas, and Houston, currently manages assets for individuals, foundations, trusts, employee benefit plans and endowments.
In presentinb its performance results, STMM claims compliancee with the Global Investment PerformancweStandards (GIPS), which are a voluntar y set of standards developed by the CFA Institute and based on the fundamentapl principles of full disclosure and fair This claim of compliance is verified quarterluy by an independent thirxd party consultant. For a complete presentation/compositr description that adheres to theGIPS standards, contacyt South Texas Money Management. * The peer group of All-Cao Core Equity Managers was created using informatio n collected through the PSN investment manager questionnaire and uses only grosa offee returns.
In the event net of fee returnd hadbeen used, the rankings may have come out differently. The All-Capp Core Equity peer group includes domestic equityy investment products for which manager responding to the PSN manager questionnaireselected "core" as the primary equity style and "All-Cap" or "no primaryu capitalization" as their primary capitalization range. REIT and convertiblse productsare excluded. The peer group of All-Cal Core Equity Managers is comprised of 117 managerse who reported to the PSN database and 157investment products. Investment products must have an R-Squaredr of 0.
80 or greater relative to the stylsbenchmark (S&P 500 Index) for the recent five-year Moreover, investment products must have returns greater than the stylse benchmark for the three latest three-year rolling periods. IIS selectes only the investment products whicuh standard deviation forthe five-yeaer period is equal or less than the median standarfd deviation for the peer The top ten information ratios for the latestg five-year period then become "6 Star Top Guns." The informatio ratio is an efficienc measure calculated by dividing the Excess Rate of Returmn by the Standard Deviation of the Excesx Rate of Return stream (Trackingf Error).
PSN database information is intended for use by qualifiedinvestmenr professionals. Past performance is not indicative offuturr results. There is a possibility of SOURCE South TexasMoney Management, Ltd.
The database that South Texas Money Management wasmeasurede in, called the Planned Sponsor Networ k (PSN), is used by investmen professionals to evaluate and select managerds nationally. The peer group for Soutu Texas Money Management in this rankinf isDomestic All-Cap Core Equitty Managers. "This has been a very challenging environmen t for investors and managers so we are very pleased withthis recognition, " said , CFA, CEO and Chief Investment Officer of South Texasd Money Management, Ltd. "I am particularly proud of this rankingh because it is based on longterm performance. Our portfolios includse stocksof large, mid and small capitalizatioh companies in the U.S.
as well as internationalp companies. We also balance growth stocks andvalus stocks. Diversification is our numbert one rulein investing. I find that even many professionalp investors do not understand the effectivde methodsof diversification. It can reduce volatility. That is important." STMM's managed assets total approximately $1.4 billion and the company has over 50 employees that includresearch analysts, fixed income and equityh managers and investment advisors. STMM, with offices in San Austin, Dallas, and Houston, currently manages assets for individuals, foundations, trusts, employee benefit plans and endowments.
In presentinb its performance results, STMM claims compliancee with the Global Investment PerformancweStandards (GIPS), which are a voluntar y set of standards developed by the CFA Institute and based on the fundamentapl principles of full disclosure and fair This claim of compliance is verified quarterluy by an independent thirxd party consultant. For a complete presentation/compositr description that adheres to theGIPS standards, contacyt South Texas Money Management. * The peer group of All-Cao Core Equity Managers was created using informatio n collected through the PSN investment manager questionnaire and uses only grosa offee returns.
In the event net of fee returnd hadbeen used, the rankings may have come out differently. The All-Capp Core Equity peer group includes domestic equityy investment products for which manager responding to the PSN manager questionnaireselected "core" as the primary equity style and "All-Cap" or "no primaryu capitalization" as their primary capitalization range. REIT and convertiblse productsare excluded. The peer group of All-Cal Core Equity Managers is comprised of 117 managerse who reported to the PSN database and 157investment products. Investment products must have an R-Squaredr of 0.
80 or greater relative to the stylsbenchmark (S&P 500 Index) for the recent five-year Moreover, investment products must have returns greater than the stylse benchmark for the three latest three-year rolling periods. IIS selectes only the investment products whicuh standard deviation forthe five-yeaer period is equal or less than the median standarfd deviation for the peer The top ten information ratios for the latestg five-year period then become "6 Star Top Guns." The informatio ratio is an efficienc measure calculated by dividing the Excess Rate of Returmn by the Standard Deviation of the Excesx Rate of Return stream (Trackingf Error).
PSN database information is intended for use by qualifiedinvestmenr professionals. Past performance is not indicative offuturr results. There is a possibility of SOURCE South TexasMoney Management, Ltd.
Saturday, December 22, 2012
Improvements pending on Quincy's Sea Street - Boston.com
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Improvements pending on Quincy's Sea Street Boston.com Quincy officials are hoping to inch toward a safer Sea Street with the design of several improvements along the corridor. According to Ward 1 Councilor Margaret Laforest, the road has been a problem for decades, with numerous spots along the wide and ... |
Thursday, December 20, 2012
Wednesday, December 19, 2012
State senator wants to remove UC
judonebolayb1394.blogspot.com
In a release, Yee, who received his bachelor’s degrees from UC Berkeley, said that the Regentz of the system think theyare “above the The University of California Office of the Presidentf shot back in its own saying that the syste is one of the few agencies in governmentg that is working, that it’s flourisheds under its autonomy, and that the salariexs it pays to top leaderw is below the national average for comparabld institutions. The state’s constitution guaranteed the regentas autonomy on all issues related to managemen of the systemsince 1879.
The proposed amendment, SCA 21, and its counterpar on in the State Assembly, ACA 24, need two-thirdz approval from the legislature and then needs approval from state voters.
In a release, Yee, who received his bachelor’s degrees from UC Berkeley, said that the Regentz of the system think theyare “above the The University of California Office of the Presidentf shot back in its own saying that the syste is one of the few agencies in governmentg that is working, that it’s flourisheds under its autonomy, and that the salariexs it pays to top leaderw is below the national average for comparabld institutions. The state’s constitution guaranteed the regentas autonomy on all issues related to managemen of the systemsince 1879.
The proposed amendment, SCA 21, and its counterpar on in the State Assembly, ACA 24, need two-thirdz approval from the legislature and then needs approval from state voters.
Tuesday, December 18, 2012
Peabody, Shanxi Lu
bengeyqafiba1640.blogspot.com
The Shaxi Mine, which is under has the potential to expand to 15 millionb tons or more per year in line with the development of a new rail project that woulcd serve electricity customers and othefr industrial users in Central andEasterj China. In the coming months, the companies said they plan to conductr a feasibility study to evaluate technicall requirements for next phasesof development, which also includea other coal reserves in the region ownex by Lu’an.
“China is leading the worldr in industrial growth and fueling its progresawith coal,” said Peabodty Energy Chairman and Chief Executive Gregory Boyce in a “Peabody has a growing presencr in Asia and seeks to partnere in world-class coal projectes to fuel long-term energy needw …” Peabody has an expanding presence in China and is the only non-Chinesr partner in GreenGen, a near-zero emissions power projecy in Tianjin.
The company is pursuing multiple partnership s in Asia that include a large surfacs mine and downstream coal conversion facility with the governmentg ofInner Mongolia, China and other and projects in Mongolia, which include the Peabody-Polo Resourcesz joint venture. China is the fastest-growing coal market in the using coal to fuel 80 percent ofits electricity. Chinwa is expected to nearly double its electricity consumptionby 2015. Lu’ab had $5 billion in revenuew in 2008. Peabody Energy BTU) is the world’s largest private-sectord coal company, with revenue of $6.6 billion in 2008. Its coal products fuel 10 percent ofall U.S.
electricithy generation and 2 percent ofworldwid electricity.
The Shaxi Mine, which is under has the potential to expand to 15 millionb tons or more per year in line with the development of a new rail project that woulcd serve electricity customers and othefr industrial users in Central andEasterj China. In the coming months, the companies said they plan to conductr a feasibility study to evaluate technicall requirements for next phasesof development, which also includea other coal reserves in the region ownex by Lu’an.
“China is leading the worldr in industrial growth and fueling its progresawith coal,” said Peabodty Energy Chairman and Chief Executive Gregory Boyce in a “Peabody has a growing presencr in Asia and seeks to partnere in world-class coal projectes to fuel long-term energy needw …” Peabody has an expanding presence in China and is the only non-Chinesr partner in GreenGen, a near-zero emissions power projecy in Tianjin.
The company is pursuing multiple partnership s in Asia that include a large surfacs mine and downstream coal conversion facility with the governmentg ofInner Mongolia, China and other and projects in Mongolia, which include the Peabody-Polo Resourcesz joint venture. China is the fastest-growing coal market in the using coal to fuel 80 percent ofits electricity. Chinwa is expected to nearly double its electricity consumptionby 2015. Lu’ab had $5 billion in revenuew in 2008. Peabody Energy BTU) is the world’s largest private-sectord coal company, with revenue of $6.6 billion in 2008. Its coal products fuel 10 percent ofall U.S.
electricithy generation and 2 percent ofworldwid electricity.
Sunday, December 16, 2012
Real deals: Aurora
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A subsidiary of Vultures LLC of Aurora, called 14195 Montvieaw BoulevardPartners LLC, bought the 126-unit apartment according to brokers involved in the The seller was Montview Park Associates LP of Sausalito, The per-unit purchase price was $20,476. “[Thw buyer] worked diligently and founxd theright lender,” Erik Robinson of Hendricksx & Partners Inc.’s Denver office, who represented the buyer in the said in a statement. “They are bullish on the Denvert market.” Hendricks & Partners is based in Phoenix. Completede in 1974, Sand Creeik Apartments is located at14155 E. Montview Blvd.
in The property includes one-, two- and three-bedroo m units as well as studios. In another recent sale of an oldetrapartment property, the 24-unit building at 1525 Yates St. in Denver has sold for $1.1 or $45,718 per unit, according to Pinnacle Real EstateAdvisors LLC. Pinnacle represented both seller L/D Properties Inc. of Evergreen and the buyer, Jaasio Unlimited Series 1525 YatesOnly LLC, in the The Yates Street apartments were completed in and were fully leased at the time of the transaction. The sale closed in late May. Other recent significangt Denver-area real estate transactions, according to brokerzs and realestate records, include: • One Lincolnh Park, 2001 Lincoln St.
, Denver 80202-38777 — Moreland Properties LLC, one of Denvefr auto dealer Doug Moreland’s companies, has purchasee unit 2820 in this condlo property for $2.08 million, according to Denveer County real estate Moreland also is an investor in the new condio tower. • 3424 Larimer St., Denver 80205 —Thisz 3,700-square-foot commercial building, formerlt occupied by C&M Rebuilders has been sold to The Commissary LLC for The seller is Colorado InvestmentStrategiese LLC. The building’s new owner plans to leasr it to anew tenant, accordinyg to Unique Properties LLC, which represented both partiesa in the deal. • 900 S.
Broadway, Denvert 80209 — Arthur Zeile, LNH, Inc., which does businesx as Host MySite Inc., has leaser 41,373 square feet of space in this multi-tenang office building. Frederick Ross Co. of Denver represented the building’sz owner in the lease deal.
A subsidiary of Vultures LLC of Aurora, called 14195 Montvieaw BoulevardPartners LLC, bought the 126-unit apartment according to brokers involved in the The seller was Montview Park Associates LP of Sausalito, The per-unit purchase price was $20,476. “[Thw buyer] worked diligently and founxd theright lender,” Erik Robinson of Hendricksx & Partners Inc.’s Denver office, who represented the buyer in the said in a statement. “They are bullish on the Denvert market.” Hendricks & Partners is based in Phoenix. Completede in 1974, Sand Creeik Apartments is located at14155 E. Montview Blvd.
in The property includes one-, two- and three-bedroo m units as well as studios. In another recent sale of an oldetrapartment property, the 24-unit building at 1525 Yates St. in Denver has sold for $1.1 or $45,718 per unit, according to Pinnacle Real EstateAdvisors LLC. Pinnacle represented both seller L/D Properties Inc. of Evergreen and the buyer, Jaasio Unlimited Series 1525 YatesOnly LLC, in the The Yates Street apartments were completed in and were fully leased at the time of the transaction. The sale closed in late May. Other recent significangt Denver-area real estate transactions, according to brokerzs and realestate records, include: • One Lincolnh Park, 2001 Lincoln St.
, Denver 80202-38777 — Moreland Properties LLC, one of Denvefr auto dealer Doug Moreland’s companies, has purchasee unit 2820 in this condlo property for $2.08 million, according to Denveer County real estate Moreland also is an investor in the new condio tower. • 3424 Larimer St., Denver 80205 —Thisz 3,700-square-foot commercial building, formerlt occupied by C&M Rebuilders has been sold to The Commissary LLC for The seller is Colorado InvestmentStrategiese LLC. The building’s new owner plans to leasr it to anew tenant, accordinyg to Unique Properties LLC, which represented both partiesa in the deal. • 900 S.
Broadway, Denvert 80209 — Arthur Zeile, LNH, Inc., which does businesx as Host MySite Inc., has leaser 41,373 square feet of space in this multi-tenang office building. Frederick Ross Co. of Denver represented the building’sz owner in the lease deal.
Saturday, December 15, 2012
Chapman signs deal with Yuba College - Portland Business Journal:
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Chapman signed a simila agreement within April. Chapman’s main campus is in the Southerh California community of but the university also has campuses in Rosevillrand Folsom. About 1,750 students attend the Rosevillse campuseach year, while about 700 go to Chapman, a nonprofit university, also has a campuxs in Yuba City. The Early Advantage Partnership, which leadersx from the two colleges will signnext week, will allow participants from Yuba Collegs to use Chapman’s advisinvg services and academic catalogs, participate in information sessions, and to transfef credit through the use of online and personalized advising, a news releas e said Tuesday.
Also, Yuba College students’ initiap application fees willbe waived, and they will receivde a 10 percent tuitiobn discount for classes taken at Chapman’se Sacramento Valley campuses for up to four yearx after they submit of a formal “change of location” to Chapman University “Chapman University College establishes Early Advantage Partnershipes with community colleges like Yuba College to help ease the transitionh to universities by giving students the individual support they need and providinvg guidance through the entire process,” Chapman University College chancellor Gary Brahm said in the “It’s comforting for students to know that the cours work they have taken at their communityu college will be transferablw to Chapman University College and that counselors will help them navigatwe a clear path to pursuing theird higher education goals.
” Yuba College’s partnershilp with Chapman “will make the transition to Chapman College practically seamless,” Kay Adkins, Yuba Colleg president, said in the Community college students are eligible to apply for the program after they have fulfillede 12 transferable credits at Yuba College with a minimum cumulative grade point average of 2.0 from all schools previously Yuba College transfers also must attend at leasrt one academic term or semester at Yuba Collegr and adhere to all Chapman Universituy College admission requirements.
Chapman signed a simila agreement within April. Chapman’s main campus is in the Southerh California community of but the university also has campuses in Rosevillrand Folsom. About 1,750 students attend the Rosevillse campuseach year, while about 700 go to Chapman, a nonprofit university, also has a campuxs in Yuba City. The Early Advantage Partnership, which leadersx from the two colleges will signnext week, will allow participants from Yuba Collegs to use Chapman’s advisinvg services and academic catalogs, participate in information sessions, and to transfef credit through the use of online and personalized advising, a news releas e said Tuesday.
Also, Yuba College students’ initiap application fees willbe waived, and they will receivde a 10 percent tuitiobn discount for classes taken at Chapman’se Sacramento Valley campuses for up to four yearx after they submit of a formal “change of location” to Chapman University “Chapman University College establishes Early Advantage Partnershipes with community colleges like Yuba College to help ease the transitionh to universities by giving students the individual support they need and providinvg guidance through the entire process,” Chapman University College chancellor Gary Brahm said in the “It’s comforting for students to know that the cours work they have taken at their communityu college will be transferablw to Chapman University College and that counselors will help them navigatwe a clear path to pursuing theird higher education goals.
” Yuba College’s partnershilp with Chapman “will make the transition to Chapman College practically seamless,” Kay Adkins, Yuba Colleg president, said in the Community college students are eligible to apply for the program after they have fulfillede 12 transferable credits at Yuba College with a minimum cumulative grade point average of 2.0 from all schools previously Yuba College transfers also must attend at leasrt one academic term or semester at Yuba Collegr and adhere to all Chapman Universituy College admission requirements.
Friday, December 14, 2012
Airport traffic falls 12.8 percent in first-quarter
grearqakususi1426.blogspot.com
percent drop in passengers for the first quarter ofthe year, reflecting the global recession and problemse within the travel industry. Florida’s busiest airport had about 3.15 millio passengers in March, the first time in eighf months the passenger numberzs exceeded3 million. However, that was down 12.86 percen t from the year before, and included a 13.11 percen decline in domestic passengers anda 9.96 perceng drop in international passengers. For the quarter, the airporrt had nearly 8.5 million passengers, 12.8 percent fewefr than for the same period last That includeda 13.8 drop in domestic passengerzs and less than a 1 percent decline in internationa l travelers.
For the firsg time in seven years, fewer peoplre vacationed in Floridalast year. The Sunshinee State had a 2.9 percent increasre in the number of visitors in the first half of last but by the end of 2008 there wasa 2.3 percent compared to 2007, said Visit Florida, the agency that promotezs Florida tourism. “The fourth quarter of 2008 reflects the full impact of the economic downturn everyonw in every industryis facing,” said Visit Floridw President and CEO Bud Nocera in a presxs release.
Still, Florida isn’t suffering as much as other comparable destinations suchas California, Hawaii and Las which had fourth quarter double-digit declines as high as 16 “Americans are being very conservative in their travel today,” Noceraw said. An estimated 82.5 million visitors came to Florida last Preliminary estimates showjust 16.6 million came betweem October and December — a 13.6 percent decline. More than 3.8 milliomn residents took a pleasure tripin fourth-quarter said Visit Florida, but many are sticking closere to home with in-state tripw increasing by 22.9 percen in 2008 overall.
The report also found overseas travel to Floridza during the fourth quarter was down8 percent, but was actuallyy up 1.1 percent for the year. Timothy Tonkovicu was named general managerat ’s Holida Inn Express in Lake Buena He has worked for the six-property hotel grouo since 2005. The hotel executive, with 15 years of hospitality also will overseethe Tampa-basec hotel group’s reservation delivery channel strategy. Canada is vital tourism, trade partneer Though far apart in mile sand weather, Florida and Canada enjoy a symbiotic relationship. Not only is Canadsa the Sunshine State’s No. 1 sourcr of inbound visitors, but it’s also Florida’s No.
2 exporter — after Brazil — and one of the largesgt contributors of foreign direcginvestment (FDI) in the The findings are part of a new economicv impact report produced by Kroll-InfoAmericas, a global research and businesws intelligence firm, for the Consulate Generalk of Canada in Miami. “Canada is a vitak trade, tourism and FDI partner for the statesof Florida. Thousands of jobs in Florida depene onthis partnership,” said Manny Mencía, who headsx ’s international business division. Nearly 300 Canadian businesses operatein Florida.
They include ; , whic operates a 10,000-square-foot wind tunnel facility in Miramar; , which stagesx La Nouba in Downtown Disney; and PSC Phosphate, which employs 900 people in Florida. In 2007, Canadqa enjoyed a trade surplus with Floridazof $1.22 billion. However, it was more than made up througb tourism receiptsof $2.8 billiom from Canadian visitors to Florida and $2 billion in real estatre purchases, said the report.
percent drop in passengers for the first quarter ofthe year, reflecting the global recession and problemse within the travel industry. Florida’s busiest airport had about 3.15 millio passengers in March, the first time in eighf months the passenger numberzs exceeded3 million. However, that was down 12.86 percen t from the year before, and included a 13.11 percen decline in domestic passengers anda 9.96 perceng drop in international passengers. For the quarter, the airporrt had nearly 8.5 million passengers, 12.8 percent fewefr than for the same period last That includeda 13.8 drop in domestic passengerzs and less than a 1 percent decline in internationa l travelers.
For the firsg time in seven years, fewer peoplre vacationed in Floridalast year. The Sunshinee State had a 2.9 percent increasre in the number of visitors in the first half of last but by the end of 2008 there wasa 2.3 percent compared to 2007, said Visit Florida, the agency that promotezs Florida tourism. “The fourth quarter of 2008 reflects the full impact of the economic downturn everyonw in every industryis facing,” said Visit Floridw President and CEO Bud Nocera in a presxs release.
Still, Florida isn’t suffering as much as other comparable destinations suchas California, Hawaii and Las which had fourth quarter double-digit declines as high as 16 “Americans are being very conservative in their travel today,” Noceraw said. An estimated 82.5 million visitors came to Florida last Preliminary estimates showjust 16.6 million came betweem October and December — a 13.6 percent decline. More than 3.8 milliomn residents took a pleasure tripin fourth-quarter said Visit Florida, but many are sticking closere to home with in-state tripw increasing by 22.9 percen in 2008 overall.
The report also found overseas travel to Floridza during the fourth quarter was down8 percent, but was actuallyy up 1.1 percent for the year. Timothy Tonkovicu was named general managerat ’s Holida Inn Express in Lake Buena He has worked for the six-property hotel grouo since 2005. The hotel executive, with 15 years of hospitality also will overseethe Tampa-basec hotel group’s reservation delivery channel strategy. Canada is vital tourism, trade partneer Though far apart in mile sand weather, Florida and Canada enjoy a symbiotic relationship. Not only is Canadsa the Sunshine State’s No. 1 sourcr of inbound visitors, but it’s also Florida’s No.
2 exporter — after Brazil — and one of the largesgt contributors of foreign direcginvestment (FDI) in the The findings are part of a new economicv impact report produced by Kroll-InfoAmericas, a global research and businesws intelligence firm, for the Consulate Generalk of Canada in Miami. “Canada is a vitak trade, tourism and FDI partner for the statesof Florida. Thousands of jobs in Florida depene onthis partnership,” said Manny Mencía, who headsx ’s international business division. Nearly 300 Canadian businesses operatein Florida.
They include ; , whic operates a 10,000-square-foot wind tunnel facility in Miramar; , which stagesx La Nouba in Downtown Disney; and PSC Phosphate, which employs 900 people in Florida. In 2007, Canadqa enjoyed a trade surplus with Floridazof $1.22 billion. However, it was more than made up througb tourism receiptsof $2.8 billiom from Canadian visitors to Florida and $2 billion in real estatre purchases, said the report.
Tuesday, December 11, 2012
Automotive dealer, Nissan take battle to federal court - San Francisco Business Times:
hihozeima.blogspot.com
The lawsuit filed by Nissanh in U.S. District Court in Milwaukee alleges that the dealership proposec an ownership transfer in January that amounted to sellingg its assets to itself in an attempt to eithef retain the Nissan franchise that it was abourt to lose or to create a basis for afuture lawsuit. But an attorneyu for Andrew Automotive denied the allegation and said the issueas involved in the dispute do not belong infederak court. "This was in no way a sham said Madison attorneyPaul Norman.
Norman contended that the dispute should be resolved before the Wisconsin Division of Hearingsz and Appeals where the dealership filed a complainrt in March after Nissan blocked the proposed ownership transfer. The lawsuit indicated that the rift between the basedin Nashville, and the dealership began in 2006 when Andreew Automotive expanded its lines to add Buick, Pontiad and General Motors vehicles to its At the time, the dealership was selling only Nissan and Chevrolet vehicleds at the facility on West Silver Spring Drive in The expansion came after Andrew Automotives earlier agreed to build a new, exclusive facility for its Nissan line, the lawsuit stated.
When the three new automotived lines were added to the main according tothe lawsuit, the dealership movec its Nissan inventory to an adjacent facility. Nissan objected to the move and filed a notic of intent to terminate its relationshipwith Andrew. A subsequent settlement called for Andrew Automotive to either transfer its Nissan dealershilp to another ownership group or to voluntarilgy terminate its relationship with On Jan. 15, Andrew Automotive proposedr selling its assets to Melvin Schlesinger who alreadty owned 100 percent of the votinfg shares inthe business, accordinhg to the lawsuit.
The proposal also callef for Melvin Schlesinger to form a limited liability company and to include Andrew Schlesinger in themanagemeng team. At the time, both Schlesingers alreadu sharedmanagement duties, the lawsuit stated. The lawsuit contends that Andrew Automotive breachedr thesettlement terms. Norman disputex the claim and said Andreqw Automotive likely will seek financial damages from Nissan for not approvinygthe transfer. A spokesman for Nissan coulrd not be reachedfor comment.
The lawsuit filed by Nissanh in U.S. District Court in Milwaukee alleges that the dealership proposec an ownership transfer in January that amounted to sellingg its assets to itself in an attempt to eithef retain the Nissan franchise that it was abourt to lose or to create a basis for afuture lawsuit. But an attorneyu for Andrew Automotive denied the allegation and said the issueas involved in the dispute do not belong infederak court. "This was in no way a sham said Madison attorneyPaul Norman.
Norman contended that the dispute should be resolved before the Wisconsin Division of Hearingsz and Appeals where the dealership filed a complainrt in March after Nissan blocked the proposed ownership transfer. The lawsuit indicated that the rift between the basedin Nashville, and the dealership began in 2006 when Andreew Automotive expanded its lines to add Buick, Pontiad and General Motors vehicles to its At the time, the dealership was selling only Nissan and Chevrolet vehicleds at the facility on West Silver Spring Drive in The expansion came after Andrew Automotives earlier agreed to build a new, exclusive facility for its Nissan line, the lawsuit stated.
When the three new automotived lines were added to the main according tothe lawsuit, the dealership movec its Nissan inventory to an adjacent facility. Nissan objected to the move and filed a notic of intent to terminate its relationshipwith Andrew. A subsequent settlement called for Andrew Automotive to either transfer its Nissan dealershilp to another ownership group or to voluntarilgy terminate its relationship with On Jan. 15, Andrew Automotive proposedr selling its assets to Melvin Schlesinger who alreadty owned 100 percent of the votinfg shares inthe business, accordinhg to the lawsuit.
The proposal also callef for Melvin Schlesinger to form a limited liability company and to include Andrew Schlesinger in themanagemeng team. At the time, both Schlesingers alreadu sharedmanagement duties, the lawsuit stated. The lawsuit contends that Andrew Automotive breachedr thesettlement terms. Norman disputex the claim and said Andreqw Automotive likely will seek financial damages from Nissan for not approvinygthe transfer. A spokesman for Nissan coulrd not be reachedfor comment.
Monday, December 10, 2012
1,000 jobs set to land - San Francisco Business Times:
afyfojahejus.blogspot.com
CEO C. David Cush said the young business expects tohire 1,000 people, most of whom will work out of the Burlingamw headquarters or as flight staff baseed at San Francisco Internationap Airport. That would brin the company's head count to 2,000 employees by the end of 2008. the carrier, which flieds to six cities now, could fly to as many as 12 citiezby 2009. Cush said the 6-month-old airline is attractin enough passengers that it is on pace to turn a profiytby 2010.
"The goal when we startesd out was that withinm the third year of operation it would be aprofitablr venture" and that remainz within reach, said Cush in his first extensive remarks sincee taking the reins at Virgin America last December. Virgin America is at an important juncturew as it seeks to grab market share while battlinvg escalating fuel prices and rival airlines that have begum targeting its expandingroute network.
To buttressa its cash reserves asit expands, Virginh America will get another investment in coming months from its financiap backers, which include , the London-bases conglomerate run by billionaire Richard and private equity firms of Los Angeles and New York'a . Cush did not say how much the airlins will receive or whether all thres backers will participate in the newest The new capital will come on top of morethan $177 milliohn that Virgin Group, Black Canyon and Cyrus Capita spent to get the airline aloft.
In anotherf maneuver to boost revenue, Virgin Americza is exploring strategic partnerships withothet airlines, including London's and Australia's Virgibn Blue, two other carriers foundedx by Branson. Under those deals, passengers woulf be able to book flights that originate on another carrier and end onVirginj America, or vice Such alliances have becomed common in the U.S. airline industry to boos t revenue forboth parties. Just a few weekes ago a Virgin America JetblueAirways Corp., announced a deal with Ireland's Aer Linguz Group PLC. Virgin America, like all airlines, is under unprecedentedf cost pressure becauseof record-higg jet fuel prices.
"When we built our businesw plan, we didn't anticipate $100-a-barrel oil," said Donald Carty, Virgibn America's chairman, during an interview last "We have to suffer for a The airlinelost $34.8 milliohn on sales of $16 million in the quartedr ended Sept. 30, 2007, its first quarter of Cush declined to say which cities are unde r consideration for future Virgin America But he said the airline favors cities with large businesxs centers such as Chicago and two regions not served by theairline now.
Virginb America is marketing itself to both leisure and business travelers as it gears upa $5 millionm ad campaign in cities like San Francisco, San Diego New York, Washington, D.C., Las Vegaxs and Los Angeles, where it already flies. As it attractas some favorable reviewsfrom passengers, Virgin America has also attracted the scrutiny of rivalk carriers. Jetblue, and others have been quick to defensd againstVirgin America's attempts to stealk market share. Just this week, for example, Jetblue announced servicse from Los Angeles International Airport toNew York's John F. Kennedy International Airport, a key Virginn America corridor.
Alaska Airlines, in a swipe at Virgih America's new service between SFO and Seattle, added flights along that routeeas well.
CEO C. David Cush said the young business expects tohire 1,000 people, most of whom will work out of the Burlingamw headquarters or as flight staff baseed at San Francisco Internationap Airport. That would brin the company's head count to 2,000 employees by the end of 2008. the carrier, which flieds to six cities now, could fly to as many as 12 citiezby 2009. Cush said the 6-month-old airline is attractin enough passengers that it is on pace to turn a profiytby 2010.
"The goal when we startesd out was that withinm the third year of operation it would be aprofitablr venture" and that remainz within reach, said Cush in his first extensive remarks sincee taking the reins at Virgin America last December. Virgin America is at an important juncturew as it seeks to grab market share while battlinvg escalating fuel prices and rival airlines that have begum targeting its expandingroute network.
To buttressa its cash reserves asit expands, Virginh America will get another investment in coming months from its financiap backers, which include , the London-bases conglomerate run by billionaire Richard and private equity firms of Los Angeles and New York'a . Cush did not say how much the airlins will receive or whether all thres backers will participate in the newest The new capital will come on top of morethan $177 milliohn that Virgin Group, Black Canyon and Cyrus Capita spent to get the airline aloft.
In anotherf maneuver to boost revenue, Virgin Americza is exploring strategic partnerships withothet airlines, including London's and Australia's Virgibn Blue, two other carriers foundedx by Branson. Under those deals, passengers woulf be able to book flights that originate on another carrier and end onVirginj America, or vice Such alliances have becomed common in the U.S. airline industry to boos t revenue forboth parties. Just a few weekes ago a Virgin America JetblueAirways Corp., announced a deal with Ireland's Aer Linguz Group PLC. Virgin America, like all airlines, is under unprecedentedf cost pressure becauseof record-higg jet fuel prices.
"When we built our businesw plan, we didn't anticipate $100-a-barrel oil," said Donald Carty, Virgibn America's chairman, during an interview last "We have to suffer for a The airlinelost $34.8 milliohn on sales of $16 million in the quartedr ended Sept. 30, 2007, its first quarter of Cush declined to say which cities are unde r consideration for future Virgin America But he said the airline favors cities with large businesxs centers such as Chicago and two regions not served by theairline now.
Virginb America is marketing itself to both leisure and business travelers as it gears upa $5 millionm ad campaign in cities like San Francisco, San Diego New York, Washington, D.C., Las Vegaxs and Los Angeles, where it already flies. As it attractas some favorable reviewsfrom passengers, Virgin America has also attracted the scrutiny of rivalk carriers. Jetblue, and others have been quick to defensd againstVirgin America's attempts to stealk market share. Just this week, for example, Jetblue announced servicse from Los Angeles International Airport toNew York's John F. Kennedy International Airport, a key Virginn America corridor.
Alaska Airlines, in a swipe at Virgih America's new service between SFO and Seattle, added flights along that routeeas well.
Saturday, December 8, 2012
Disgust Sensitivity Extends to Visual Perception - PsychCentral.com
hundleyobajoji1908.blogspot.com
PsychCentral.com | Disgust Sensitivity Extends to Visual Perception PsychCentral.com Disgust Sensitivity Extends to Visual Perception One of our strongest emotions comes from viewing revolting or repugnant images and situations. Experts say that the intense, visceral sense of revulsion that comes with disgust presumably helps us to ... Disgust Makes Dirt More Visible |
Friday, December 7, 2012
Manpower: 6% of Honolulu employers to hire in 3Q - Business Courier of Cincinnati:
ogarawo.wordpress.com
From July to September, 6 percent of the companies interviewed in the Honoluliu metro area plan to hiremore employees, whilwe 11 percent expect to reduce their payrolls, according to the survey from Milwaukee-based (NYSE: MAN). Seventy-eighf percent expect to maintain their current stafd levels and 5 percenyt remain uncertain abouthiring plans. Hirint is expected to be a little lighter than in theseconxd quarter, when 10 percent of companies surveyed plannedf to hire and 12 percent expected to cut payrolls, said Manpower spokeswoman Mary Lou Callahan. For the coming job prospects in the Honolul u area appear best in wholesale and retail trad e and leisureand hospitality.
Employers in durable goods manufacturing, nondurable goods manufacturing, professional and business services, educatiohn and health services and governmenrt intend tocut staffing. Hiring in transportation and utilities, financial activitiesw and other services is expected toremainj unchanged. National survey results showed littlr change from the second Of the morethan 28,000 employers surveyed across the country, 15 percengt expect to increase their staff levels during the thircd quarter, while 13 percent expect to reduce theirf payrolls. Sixty-seven percent expect no change in hiring and 5 percent are undecider abouttheir third-quarter hiring plans.
“The data shows continued hesitancyamong employers,” said Jonas Prising, president of the Americaes for Manpower. “They are treading slowly and watchingv withguarded optimism, hoping a few quarters of stabilitu will be the precursor to the recovery.”
From July to September, 6 percent of the companies interviewed in the Honoluliu metro area plan to hiremore employees, whilwe 11 percent expect to reduce their payrolls, according to the survey from Milwaukee-based (NYSE: MAN). Seventy-eighf percent expect to maintain their current stafd levels and 5 percenyt remain uncertain abouthiring plans. Hirint is expected to be a little lighter than in theseconxd quarter, when 10 percent of companies surveyed plannedf to hire and 12 percent expected to cut payrolls, said Manpower spokeswoman Mary Lou Callahan. For the coming job prospects in the Honolul u area appear best in wholesale and retail trad e and leisureand hospitality.
Employers in durable goods manufacturing, nondurable goods manufacturing, professional and business services, educatiohn and health services and governmenrt intend tocut staffing. Hiring in transportation and utilities, financial activitiesw and other services is expected toremainj unchanged. National survey results showed littlr change from the second Of the morethan 28,000 employers surveyed across the country, 15 percengt expect to increase their staff levels during the thircd quarter, while 13 percent expect to reduce theirf payrolls. Sixty-seven percent expect no change in hiring and 5 percent are undecider abouttheir third-quarter hiring plans.
“The data shows continued hesitancyamong employers,” said Jonas Prising, president of the Americaes for Manpower. “They are treading slowly and watchingv withguarded optimism, hoping a few quarters of stabilitu will be the precursor to the recovery.”
Thursday, December 6, 2012
Famous Dave's scores well in survey; TGI Friday's, Buffalo Wild Wings don't - Minneapolis / St. Paul Business Journal:
vanbeekdulejos1771.blogspot.com
Edina-based ’s of America Inc. tied for first place in the barbecuwe category, scoring high consumer marks in Apartfrom barbecue, though, the Twin Cities didn’t have much to brag T.G.I. Friday’s, and performed at or near the bottom of theirfrespective categories. In the pub style or grill T.G.I. Friday’s, owned by Minnetonka-basex Carlson Cos. Inc., came in third to last, with poor scorew in taste, value, service and mood. Buffalo Wild Wings placed last in the samecategory — results that stand in contrast to the chain’s strony financial performance.
Buffalo Wild Wings (NASDAQ: had a strong first quartefr this year, reporting a 35 percent revenue increase fromlast year. In the Italian-fooe category, Buca di Beppo (a onetime locally basexd chain now owned byLas Vegas-based Planet also ranked last, though it scored well for its old-style atmosphere. Officialw at the restaurant chains couldn’tt immediately be reached for comment. The report - conducted by the Consumedr Reports National ResearchCenter - surveyed more than 70,000 restaurant goerds who made about 158,000 trips to chainw between April 2007 and April 2008.
Edina-based ’s of America Inc. tied for first place in the barbecuwe category, scoring high consumer marks in Apartfrom barbecue, though, the Twin Cities didn’t have much to brag T.G.I. Friday’s, and performed at or near the bottom of theirfrespective categories. In the pub style or grill T.G.I. Friday’s, owned by Minnetonka-basex Carlson Cos. Inc., came in third to last, with poor scorew in taste, value, service and mood. Buffalo Wild Wings placed last in the samecategory — results that stand in contrast to the chain’s strony financial performance.
Buffalo Wild Wings (NASDAQ: had a strong first quartefr this year, reporting a 35 percent revenue increase fromlast year. In the Italian-fooe category, Buca di Beppo (a onetime locally basexd chain now owned byLas Vegas-based Planet also ranked last, though it scored well for its old-style atmosphere. Officialw at the restaurant chains couldn’tt immediately be reached for comment. The report - conducted by the Consumedr Reports National ResearchCenter - surveyed more than 70,000 restaurant goerds who made about 158,000 trips to chainw between April 2007 and April 2008.
Tuesday, December 4, 2012
A New Look for VTT Vasilikos Tank Terminal - TankTerminals.com (press release)
ogarawo.wordpress.com
A New Look for VTT Vasilikos Tank Terminal TankTerminals.com (press release) Last November, VTTI (to which VTT Vasiliko is a subsidiary) was forced to respond to reports suggesting there was a conflict of interest from the potential participation of the company in the construction and management of the oil storage terminal at ... |
Monday, December 3, 2012
Constraints Are The Key To A Creative Presentation - Forbes
vanbeekdulejos1771.blogspot.com
Forbes | Constraints Are The Key To A Creative Presentation Forbes laws of subtraction book cover I'm often asked, “How long should my presentation be?†I believe the Goldilocks zone is 18 to 20 minutes. If it's shorter some members of your audience (especially investors, clients and customers) might not feel as ... |
Sunday, December 2, 2012
Why Your Venue Needs Robust Wi-Fi - Meetings & Conventions
sucujovide.wordpress.com
Meetings & Conventions | Why Your Venue Needs Robust Wi-Fi Meetings & Conventions Typically, IT departments at large venues face several challenges in providing "always-on," high-performance Wi-Fi services. Given the "bring your own device" (BYOD) phenomenon and the resulting ubiquity of smartphones and tablet devices, planners ... < /p> |
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