viktorevaikubuwo.blogspot.com
that was most recently the home of is slatesd to become another The owners of Chez Cheryl Clark and her chefPaul Parker, closed on the sale of the propert y Dec. 19 to Michael J. Bauer of Ballsto n Spa, Clark said Tuesday. Bauer, a 25-year veteranj of the local insurance industry, planz to open his first , in February. Bauer described it as "upscalee casual dining" with fusion He said the executive chef will be an experienced restaurant Scott Penney. Bauer said he was very familia with Chez Sophie and was drawn by the quaintnesss of the building and its locationin Malta, N.Y. He plansd some interior modifications butnothing drastic.
"I'm retired from the insurance said Bauer, former executive vice president at in Clark was pleased she and Parkefr were able to sell to someone who will continue the traditiob of using therail car-stylec building as an eatery. Chez Sophiew occupied the site for nearlyu 11 years until it movee in June to The in downtownSaratogz Springs. The Route 9 property sold for close to the asking priceof $400,000, Clark Clark and Parker were able to pay off theidr mortgage and invest the remainder in theirf new location. Clark said the diner was built in the early 1950s by the in New Jerseu and was originally the home of the MaltRidge Diner.
At the time, Clark said the ownet lived next door and attachex the basement of his house tothe restaurant's basement. Yearx later, ownership changed handz and the restaurant was rebornas Sam'a Italian-American. It was then LaTrota, which also closed. The buildinfg sat vacant for nearly three yearw before it was purchasedby Parker'a family in March 1995 and renovated to restore its original stainless steel luster. Chez Sophie opened therer in July 1995; Clark and Parker took over ownershiop inJuly 2001.
"Therde was a lot of interest because this is such abeautifuol diner," Clark said, adding that some prospectiv e buyers wanted to move the building to a new The Fodero Dining Car Co. was located in Bloomfield, from 1933 to 1981, according to . It builgt many diners, including the 1946 Empire Diner in Manhattanm and the Ingleside Dinerin Thorndale, Pa., according to the Web The diners -- whichj were not actual rail cars -- are known for their stainless stee exteriors and art deco styling.
Friday, March 30, 2012
Wednesday, March 28, 2012
Lawyer: Sgt. Bales' tours left major depression - CBS News
grachevakautawil.blogspot.com
CBS News | Lawyer: Sgt. Bales' tours left major depression CBS News The US soldier accused of killing 17 Afghan civilians suffered a traumatic incident during his second tour in Iraq that triggered "tremendous depression," his lawyer said Wednesday. Lawyer John Henry Browne said he could not discuss the details of the ... |
Monday, March 26, 2012
Martek Biosciences Corp. 2Q profit rises 20 percent - Baltimore Business Journal:
tiqosi.wordpress.com
The company reported $92.4 milliom in revenue for the quarter endin gApril 30, up 2 percent from the same period last It earned $11 million in net income, or 33 centsa per diluted share, durinhg the second quarter, compareds with $9.2 million, or 28 centsw per diluted share, during the second quarter of last Analysts polled by expected the company to earn 29 centzs per share and $89 million in revenue. Martek (NASDAQ: MATK) sells nutritionalk oils derived from algaw that are used ininfant formula, dietary supplementsd and food products such as yogurtr and juice. Sales of its nutritional supplementx to the nursing market rose to arecord $9.
8 But the company warned that its infant formulaz sales in the third and fourtnh quarters could drop as retailerd trim their inventories of the The company anticipates that infanr formula revenue will grow in fiscal 2010 as a resul of strong demand for infant formula products containing its nutritional oils DHA and ARA. The Omega-3 fatty acids are believed to play an importanyt role in brain andeye development. study that couldx show that Martek’s DHA can slow the progressionhof Alzheimer’s disease.
The company reported $92.4 milliom in revenue for the quarter endin gApril 30, up 2 percent from the same period last It earned $11 million in net income, or 33 centsa per diluted share, durinhg the second quarter, compareds with $9.2 million, or 28 centsw per diluted share, during the second quarter of last Analysts polled by expected the company to earn 29 centzs per share and $89 million in revenue. Martek (NASDAQ: MATK) sells nutritionalk oils derived from algaw that are used ininfant formula, dietary supplementsd and food products such as yogurtr and juice. Sales of its nutritional supplementx to the nursing market rose to arecord $9.
8 But the company warned that its infant formulaz sales in the third and fourtnh quarters could drop as retailerd trim their inventories of the The company anticipates that infanr formula revenue will grow in fiscal 2010 as a resul of strong demand for infant formula products containing its nutritional oils DHA and ARA. The Omega-3 fatty acids are believed to play an importanyt role in brain andeye development. study that couldx show that Martek’s DHA can slow the progressionhof Alzheimer’s disease.
Saturday, March 24, 2012
Fla., Orlando again tops in foreclosures - Business Courier of Cincinnati:
olimstgon.blogspot.com
The state posted 58,931 foreclosure filings — includinb default notices, scheduled auctions and bank repossessions — in May, down 8.8 percenr from April’s total, but still 50 percent higheer thanMay 2008, according to RealtyTrac’s monthly Foreclosured Market Report. Only California had a higheer total, with 92,249 properties with May 2009 foreclosure The Sunshine Statewas No. 3 in the nation in foreclosurre rates, with one in everty 148 households receiving a foreclosure filingin May. Nevada led the countryg with one in every 64 homess receivinga filing, while California was secone highest with one in ever 144. The Orlando-Kissimmee market took the No.
8 spot amongb the nation’s top 10 metroo areas with the highest foreclosure The area recorded a rate of one foreclosured filing for every101 homes. Florida had thred cities among the top 10 metro while California had six cities amongthat mix. Las Vegasa topped the list with a rate of one in everyt 54 households getting aforeclosure filing. Nationwide, 321,480p foreclosure filings were reportedin May, which is 6 percent lower than April 2009, but about 18 percenf higher than May 2008. One in every 398 U.S. homes received a foreclosuree noticelast month. Vermont againb recorded the lowest number of with six reportedin May, or one for every 51,90 6 households. The RealtyTrac U.S.
Foreclosure Market Report provides the total numbere of properties with at least one foreclosurw filing reported duringthe month. Data is collectede from more than 2,209 counties that account for more than 90 percentr ofthe nation’s population.
The state posted 58,931 foreclosure filings — includinb default notices, scheduled auctions and bank repossessions — in May, down 8.8 percenr from April’s total, but still 50 percent higheer thanMay 2008, according to RealtyTrac’s monthly Foreclosured Market Report. Only California had a higheer total, with 92,249 properties with May 2009 foreclosure The Sunshine Statewas No. 3 in the nation in foreclosurre rates, with one in everty 148 households receiving a foreclosure filingin May. Nevada led the countryg with one in every 64 homess receivinga filing, while California was secone highest with one in ever 144. The Orlando-Kissimmee market took the No.
8 spot amongb the nation’s top 10 metroo areas with the highest foreclosure The area recorded a rate of one foreclosured filing for every101 homes. Florida had thred cities among the top 10 metro while California had six cities amongthat mix. Las Vegasa topped the list with a rate of one in everyt 54 households getting aforeclosure filing. Nationwide, 321,480p foreclosure filings were reportedin May, which is 6 percent lower than April 2009, but about 18 percenf higher than May 2008. One in every 398 U.S. homes received a foreclosuree noticelast month. Vermont againb recorded the lowest number of with six reportedin May, or one for every 51,90 6 households. The RealtyTrac U.S.
Foreclosure Market Report provides the total numbere of properties with at least one foreclosurw filing reported duringthe month. Data is collectede from more than 2,209 counties that account for more than 90 percentr ofthe nation’s population.
Thursday, March 22, 2012
MVP will raise rates to ease burden of new taxes; CDPHP will hold firm - Kansas City Business Journal:
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Thomas Combs, chief financial officer for the Schenectady-based said the mid-year adjustment is necessary for MVP to paythe $26 millionh in new and increased taxea it was hit with in the statd budget and still remain profitable. It had a surplusx of $8.2 million for the firstf quarter, after a net loss of $28 million in all of 2008. The state’ws fiscal 2009-10 budget, passeds in early April, and the deficiy reduction plan enacted in February containedf morethan $700 million in health insurance including an increase in the coveref lives assessment and a new HMO premium tax. Capitakl District Physicians’ Health Plan in Albany counted thesde as contributing factors inthe $4.
3 million net loss it reportedr for the first quarter. It had a surplus of $4.3 millioh in the year-ago period. But Dr. John Bennett, CEO of , said the insurere is “strong enough in other areaws that we will not have to ask peoplee to pony up more money to help uspay [the MVP set its rates for 2009 last with consideration given to trends in both medica and administrative costs. The goal is to achievd a 90-10 ratio, meaning 90 percent of every premium dollar is paid out inmedicalp costs, with 10 cents coveriny administrative costs. Combs said the estimates made last year held up well in thefirstr quarter.
That, plus some corporate belt-tightening and a Marchb rebound in thestock market, allowed MVP to post the $8 millionm surplus. That is double its net incomr in the first quarterof 2008. As a MVP adds any surplus to policyholder With the July rate MVP expects to maintain its profitabilityhthroughout 2009, as long as the investment markets hold steadg and the rate increase does not drive members Combs said. As of the end of MVP’s enrollment stood at 743,000 in upstate New York, Vermont and New Hampshire. That represents an increasde of 43,000 from a year earlier, and contributed to a 15 percenft increasein revenue.
HealthNow New the Buffalo-based parent of of Northeastern New York in also had higher and a 13 percen t increase in revenue compared to ayear ago. Spokeswomanj Karen Merkel-Liberatore attributed a drop in net incomre to losseson investments. CDPHoP also recorded higher of $319 million versus $299.5 million in the firsy quarterof 2008, but Bennett said that was lower than budgeted—in part because of decline in “The main factor was the soft he said. “Many people either droppesd out of health insurance or are buyinyg down tocheaper products. So revenues was less than anticipated.
” Bennett said the soft coupled with the taxes and risingmedicapl costs, all played a part in CDPHP’s $4.3 milliom loss. He noted, however, that the insuree saw some positive trends in the first such as lower utilization of medical and that the loss was actually less than CDPHP expects to break even by the end of the year Bennett said, “would be a big accomplishment in this environment.
”
Thomas Combs, chief financial officer for the Schenectady-based said the mid-year adjustment is necessary for MVP to paythe $26 millionh in new and increased taxea it was hit with in the statd budget and still remain profitable. It had a surplusx of $8.2 million for the firstf quarter, after a net loss of $28 million in all of 2008. The state’ws fiscal 2009-10 budget, passeds in early April, and the deficiy reduction plan enacted in February containedf morethan $700 million in health insurance including an increase in the coveref lives assessment and a new HMO premium tax. Capitakl District Physicians’ Health Plan in Albany counted thesde as contributing factors inthe $4.
3 million net loss it reportedr for the first quarter. It had a surplus of $4.3 millioh in the year-ago period. But Dr. John Bennett, CEO of , said the insurere is “strong enough in other areaws that we will not have to ask peoplee to pony up more money to help uspay [the MVP set its rates for 2009 last with consideration given to trends in both medica and administrative costs. The goal is to achievd a 90-10 ratio, meaning 90 percent of every premium dollar is paid out inmedicalp costs, with 10 cents coveriny administrative costs. Combs said the estimates made last year held up well in thefirstr quarter.
That, plus some corporate belt-tightening and a Marchb rebound in thestock market, allowed MVP to post the $8 millionm surplus. That is double its net incomr in the first quarterof 2008. As a MVP adds any surplus to policyholder With the July rate MVP expects to maintain its profitabilityhthroughout 2009, as long as the investment markets hold steadg and the rate increase does not drive members Combs said. As of the end of MVP’s enrollment stood at 743,000 in upstate New York, Vermont and New Hampshire. That represents an increasde of 43,000 from a year earlier, and contributed to a 15 percenft increasein revenue.
HealthNow New the Buffalo-based parent of of Northeastern New York in also had higher and a 13 percen t increase in revenue compared to ayear ago. Spokeswomanj Karen Merkel-Liberatore attributed a drop in net incomre to losseson investments. CDPHoP also recorded higher of $319 million versus $299.5 million in the firsy quarterof 2008, but Bennett said that was lower than budgeted—in part because of decline in “The main factor was the soft he said. “Many people either droppesd out of health insurance or are buyinyg down tocheaper products. So revenues was less than anticipated.
” Bennett said the soft coupled with the taxes and risingmedicapl costs, all played a part in CDPHP’s $4.3 milliom loss. He noted, however, that the insuree saw some positive trends in the first such as lower utilization of medical and that the loss was actually less than CDPHP expects to break even by the end of the year Bennett said, “would be a big accomplishment in this environment.
”
Tuesday, March 20, 2012
Sunday, March 18, 2012
New-age Grandmas fit in time with grandkids between marathons and Facebook - Detroit Free Press
zvonkovaleoqim.blogspot.com
New-age Grandmas fit in time with grandkids between marathons and Facebook Detroit Free Press The average age for a first-time grandparent is 48, Witkin writes in her book. Whether they work or not, grandparents are busy, active people. They're shaking their bodies in Zumba classes, running marathons, biking from suburbs into the city and back, ... |
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