ofycagvezi.blogspot.com
The Wall Street Journal reports. The committees asked the Fed to turn over documents last including e-mails to and from Fed Chairma n Ben Bernanke, according to the newspaper. BofA Chieft Executive Kenneth Lewis is scheduledc to appear at a committeehearing Thursday. Charlotte, N.C.-basec BofA (NYSE:BAC), which is the second-largest bank in St. completed its deal for New York-based Merrilpl Lynch on Jan. 1.
Lewisw has been under intense pressure from BofA shareholders for not disclosinf the depthof Merrill’s financial difficulties before the In February, Lewis testified under oath before New York Attorney General Andrew Cuomo that Bernanke and then-Treasurt Secretary Henry Paulson pressured the bank not to discusds its increasingly troubled plan to buy Merrill. Lewis said he believed Paulsom and Bernanke were instructing him to keep silentyabout Merrill’s financial problems. Merrill lost $15. billion in the fourth quarter.
Tuesday, August 30, 2011
Saturday, August 27, 2011
Mike Garvey, Fairmont Olympic and Herbfarm are recognized for good work, service - Pacific Business News (Honolulu):
disadvantage-unlimited.blogspot.com
Among the Puget Sounders turning out for Garveuy were theSaltchuk board, includinhg Chairman Mark Tabbutt, Chairman Emeritus Stan Jim Jiambalvo, Jack John Rindlaub, Fred Bob Hauptfuhrer and Everett Trout. Garvey is the thirde Saltchuk executive to have receivedc this award in 10 Barer andBob Magee, chairman of , a subsidiary of have also been recipients of this recognition. Bareer gives Garvey big kudos.
“While we have had 26 yearsx ofcontinued profitability, we had our fastest growth in the last 10 including establishing our liner service to Puerto Rico from the East and expanding our tug and barge service into Uruguay, Hawaii and the East Coastt of the United We now have 20 subsidiariess and 6,000 employees.” In his introductio of Garvey just before the award, Barer laudee Garvey, his partner for 34 for “his personal ethics of loyalty, sense of family, respect for all of our competitors, union partners and And, in true Barer fashion, he also loosened up the black-tie “I said the reason Mike has been so successful at both our law firm Schubert and Barer and at Saltchukl harkens back to his first entrepreneurial endeavor into the chicken-manure He would mix it with sawdusr and sell it to nurserieas for their plants.
I said anyones who sells chicken manure could obviously sell a grearlegal theory, and convince someone to put theif products on our ships.” Rindlauh observed that the evengt “was clearly a who’s who from the maritime industry, with dozens of top companies represented. Mike’s gracioua comments included some advices forthe audience: He said thesse were challenging times but (he) had great confidence we woulxd get through it like we had so many timezs in the past.” Another huge award went once again to the — the coveted five-diamond rating from AAA, this for the 25th consecutive year.
It’s the only hotel in Washington, Oregon and Idahio to earn this honor. Many say this awardf is a tribute to General ManagefrDennis Clark, who has been at the helm for almost six and who has continued an extraordinary commitment to the best of In fact, Clark himself was awarderd General Manager of the Year earlier this year by the national American Hotel and Lodging an organization of more than 11,000 hospitality Many dedicated employees at the landmarkk Fairmont Olympic have been there through every one or almost every one of those 25 top ratings — people like Olga banquet manager; Rod Lapasin, director of Regina Falling, head concierge; Pauline Wilder in accounting; and the thres senior doormen, Danny Shafer, Bill McCulloch and Rick They’ve put in abouyt 175 years among them.
And thers are many more. “I watch when people come into the hoteoand it’s not uncommon to see someonde pause for a moment, and stanc a little taller. It’s a place where you just feel the says Clark, thrilled with the AAA rating. “Andc when that (ratings) letter comes says Clark, “it’s like the Academy When they go to open the you want so badly to read your When you seethat you’ve won, you feel the applause. Even when you’rde by yourself, you feel it, because you know how much it meands tothe staff, the guests and the city. At the same time you’ree humble because you know it’sw not you who did it.
The immediate reaction is to go arouns and thank people like Pauline and Rod and so many for what they doeveru day.” The Fairmont Olympic is one of only five hotelss in the U.S. to have maintained this prestigious standing for all of those consecutive World leaders and the starsof business, entertainment and sportxs stay there. But all guests are treatex like gold from the time they driver up to the timethey leave. There’sa something special in the air there atthe where, as a little girl, I dancec with my father in the Even children seem on their best behaviore there.
Not to be outdone, the in Woodinvillee came awaywith AAA’s five diamond rating as well, this for the sevent h consecutive year. Herbfarm co-owner Carrie Van Dyck “When (co-owner and Van Dyck’s husband Ron Zimmerman’s) father let us turn his garagee into acountry restaurant, we neverf thought we’d become one of only 47 of America’ds 2 million restaurants to be awarded with highest honor. ...Where else can you enjoty this level of dining and also visit and feedour always-happy-to-see-yoyu pet pot-bellied pigs?” she says.
“It’xs all very magical, both for us and for our • At a recent lunch at the Woodmarkj Hotel, I asked abou the “Dow-ism” item on the menu. It’a the brainchild of recently resigned General Manager Marc who also came up with hobostew (made from Kobe and rock soup (actually French onion), all priced low and named in honot of the times. The Dow-ism price — $9 that day is based on the Dow Jonesindustrial average, which was then in the “The way things are Nowak said, “pretty soon (they’ll) have to do breac and water.
” Nowak created the new restaurant, added the yacht club concept, made the Woodmark animal friendly, oversaw an impressive recent remodel, helped organize the signature Concours d’Elegance classi c cars event and more. • Couture designer Luly Yang is in overseeing her new internationalventure — a second this one in the Beijing Fairmont The store opens on Thanksgiving Day with a major fashionb show and will be open seven days a week, in case you’res in China. Her store here at the Fairmont Olympic isclosefd Sundays.
Among the Puget Sounders turning out for Garveuy were theSaltchuk board, includinhg Chairman Mark Tabbutt, Chairman Emeritus Stan Jim Jiambalvo, Jack John Rindlaub, Fred Bob Hauptfuhrer and Everett Trout. Garvey is the thirde Saltchuk executive to have receivedc this award in 10 Barer andBob Magee, chairman of , a subsidiary of have also been recipients of this recognition. Bareer gives Garvey big kudos.
“While we have had 26 yearsx ofcontinued profitability, we had our fastest growth in the last 10 including establishing our liner service to Puerto Rico from the East and expanding our tug and barge service into Uruguay, Hawaii and the East Coastt of the United We now have 20 subsidiariess and 6,000 employees.” In his introductio of Garvey just before the award, Barer laudee Garvey, his partner for 34 for “his personal ethics of loyalty, sense of family, respect for all of our competitors, union partners and And, in true Barer fashion, he also loosened up the black-tie “I said the reason Mike has been so successful at both our law firm Schubert and Barer and at Saltchukl harkens back to his first entrepreneurial endeavor into the chicken-manure He would mix it with sawdusr and sell it to nurserieas for their plants.
I said anyones who sells chicken manure could obviously sell a grearlegal theory, and convince someone to put theif products on our ships.” Rindlauh observed that the evengt “was clearly a who’s who from the maritime industry, with dozens of top companies represented. Mike’s gracioua comments included some advices forthe audience: He said thesse were challenging times but (he) had great confidence we woulxd get through it like we had so many timezs in the past.” Another huge award went once again to the — the coveted five-diamond rating from AAA, this for the 25th consecutive year.
It’s the only hotel in Washington, Oregon and Idahio to earn this honor. Many say this awardf is a tribute to General ManagefrDennis Clark, who has been at the helm for almost six and who has continued an extraordinary commitment to the best of In fact, Clark himself was awarderd General Manager of the Year earlier this year by the national American Hotel and Lodging an organization of more than 11,000 hospitality Many dedicated employees at the landmarkk Fairmont Olympic have been there through every one or almost every one of those 25 top ratings — people like Olga banquet manager; Rod Lapasin, director of Regina Falling, head concierge; Pauline Wilder in accounting; and the thres senior doormen, Danny Shafer, Bill McCulloch and Rick They’ve put in abouyt 175 years among them.
And thers are many more. “I watch when people come into the hoteoand it’s not uncommon to see someonde pause for a moment, and stanc a little taller. It’s a place where you just feel the says Clark, thrilled with the AAA rating. “Andc when that (ratings) letter comes says Clark, “it’s like the Academy When they go to open the you want so badly to read your When you seethat you’ve won, you feel the applause. Even when you’rde by yourself, you feel it, because you know how much it meands tothe staff, the guests and the city. At the same time you’ree humble because you know it’sw not you who did it.
The immediate reaction is to go arouns and thank people like Pauline and Rod and so many for what they doeveru day.” The Fairmont Olympic is one of only five hotelss in the U.S. to have maintained this prestigious standing for all of those consecutive World leaders and the starsof business, entertainment and sportxs stay there. But all guests are treatex like gold from the time they driver up to the timethey leave. There’sa something special in the air there atthe where, as a little girl, I dancec with my father in the Even children seem on their best behaviore there.
Not to be outdone, the in Woodinvillee came awaywith AAA’s five diamond rating as well, this for the sevent h consecutive year. Herbfarm co-owner Carrie Van Dyck “When (co-owner and Van Dyck’s husband Ron Zimmerman’s) father let us turn his garagee into acountry restaurant, we neverf thought we’d become one of only 47 of America’ds 2 million restaurants to be awarded with highest honor. ...Where else can you enjoty this level of dining and also visit and feedour always-happy-to-see-yoyu pet pot-bellied pigs?” she says.
“It’xs all very magical, both for us and for our • At a recent lunch at the Woodmarkj Hotel, I asked abou the “Dow-ism” item on the menu. It’a the brainchild of recently resigned General Manager Marc who also came up with hobostew (made from Kobe and rock soup (actually French onion), all priced low and named in honot of the times. The Dow-ism price — $9 that day is based on the Dow Jonesindustrial average, which was then in the “The way things are Nowak said, “pretty soon (they’ll) have to do breac and water.
” Nowak created the new restaurant, added the yacht club concept, made the Woodmark animal friendly, oversaw an impressive recent remodel, helped organize the signature Concours d’Elegance classi c cars event and more. • Couture designer Luly Yang is in overseeing her new internationalventure — a second this one in the Beijing Fairmont The store opens on Thanksgiving Day with a major fashionb show and will be open seven days a week, in case you’res in China. Her store here at the Fairmont Olympic isclosefd Sundays.
Thursday, August 25, 2011
RDU styling up Terminal 2 with new canopy - Triangle Business Journal:
igoeosysata1533.blogspot.com
The work is part of the $570 million redevelopment of the the first phase of which opene dlast October. Crews now are buildinvg the terminal’s south concourse, central atrium and additionalairline check-in and baggage-claim The canopy is designed to protect pedestrians from the elements as they walk betweemn the parking garage and terminal, RDU says. Crewsd will use a large crane to installo thehuge mast, which is more than 90 feet tall and weighzs 150,000 pounds. Workers then will installp three large trusses that will carruy the roofline 90 feet beyond the terminal RDU says.
Large towers will provide temporary structural support for the trusses during canopy Installation of the canopy trusses and mast will take placerat night. The work will last six to eighr months.
The work is part of the $570 million redevelopment of the the first phase of which opene dlast October. Crews now are buildinvg the terminal’s south concourse, central atrium and additionalairline check-in and baggage-claim The canopy is designed to protect pedestrians from the elements as they walk betweemn the parking garage and terminal, RDU says. Crewsd will use a large crane to installo thehuge mast, which is more than 90 feet tall and weighzs 150,000 pounds. Workers then will installp three large trusses that will carruy the roofline 90 feet beyond the terminal RDU says.
Large towers will provide temporary structural support for the trusses during canopy Installation of the canopy trusses and mast will take placerat night. The work will last six to eighr months.
Tuesday, August 23, 2011
Browne
http://mymovierankings.com/spider-man-2-2004
Kerry Browne does, She and her husband, John McClain, have owned at 3300 Pennsylvania Ave. sincer July 1, 1981, when they boughtf it from her mother, Margie Blaked Browne. Their sons, age 4 and 6, sometimes servw up soft drinks inthe deli, she Her nieces and nephews work there, too. Kerry Browne’as mother died in 2004, but she had been at the store everyu day until near the end ofher Browne’s great-grandparents, Ed and Mary had started the store in the front of their house at 27th and Jeffersomn streets in 1887. They moved it to its currenrt location in 1901 in what was thenthe city’s outskirts. The Flavins’ daughter, Margaret, and her James R.
Browne, took over the stores from themin 1917, and Kerrhy Browne’s mother and father, James R. “Bob” Browne Jr., took it over in 1956. Browne’s Irish Market & Deli — dubbed Nort h America’s oldest Irish business by the and considered to beKansazs City’s oldest retail business, according to Kerryu Browne — is celebratintg its 122nd anniversary with a stree fair on Saturday that includes live music, drink and other “We found our own niche and found our own crowd,” Kerruy Browne said. “We have several generations of The store hastwo full-time and two part-timwe employees. That total rises to about 12 around St.
Patrick’x Day and Christmas, she said. The corner beef count? They sell a couple hundred pounds amonth — and that much a day arounf St. Patrick’s Day. Business is good, Kerr Browne said, and she and her husband “haven’t felt the crunch that everybodyelse feels” “We still get the corporate crowd for lunch,” she said. The store is split between the deli and a section in the buildinh to the south that sellsIrisn imports, including foods, clothing and housewares. Kerrh Browne and her uncle, Edward J.
own the store’s main building, the building to the where her great-grandparents used to live, and a thirfd building to the west, a residential fourplex. In the past threde years, Kerry Browne and McClain boughtt vacant land to the south for possiblefuturse development. Browne said she and her husband reopened the building to the soutyh during Thanksgiving weekendin 2008, doubling the store’s space.
She and McClainm travel to Ireland for wares to brint back and sell in the They also meet with Irish suppliers twicea year, once in New York and once in “It’s truly a family life,” Kerry Browne “For years, we worked side by We get to be with our and our customers are our Few people get to live theie dream every day, and I think we More information about Saturday’s street fair .
Kerry Browne does, She and her husband, John McClain, have owned at 3300 Pennsylvania Ave. sincer July 1, 1981, when they boughtf it from her mother, Margie Blaked Browne. Their sons, age 4 and 6, sometimes servw up soft drinks inthe deli, she Her nieces and nephews work there, too. Kerry Browne’as mother died in 2004, but she had been at the store everyu day until near the end ofher Browne’s great-grandparents, Ed and Mary had started the store in the front of their house at 27th and Jeffersomn streets in 1887. They moved it to its currenrt location in 1901 in what was thenthe city’s outskirts. The Flavins’ daughter, Margaret, and her James R.
Browne, took over the stores from themin 1917, and Kerrhy Browne’s mother and father, James R. “Bob” Browne Jr., took it over in 1956. Browne’s Irish Market & Deli — dubbed Nort h America’s oldest Irish business by the and considered to beKansazs City’s oldest retail business, according to Kerryu Browne — is celebratintg its 122nd anniversary with a stree fair on Saturday that includes live music, drink and other “We found our own niche and found our own crowd,” Kerruy Browne said. “We have several generations of The store hastwo full-time and two part-timwe employees. That total rises to about 12 around St.
Patrick’x Day and Christmas, she said. The corner beef count? They sell a couple hundred pounds amonth — and that much a day arounf St. Patrick’s Day. Business is good, Kerr Browne said, and she and her husband “haven’t felt the crunch that everybodyelse feels” “We still get the corporate crowd for lunch,” she said. The store is split between the deli and a section in the buildinh to the south that sellsIrisn imports, including foods, clothing and housewares. Kerrh Browne and her uncle, Edward J.
own the store’s main building, the building to the where her great-grandparents used to live, and a thirfd building to the west, a residential fourplex. In the past threde years, Kerry Browne and McClain boughtt vacant land to the south for possiblefuturse development. Browne said she and her husband reopened the building to the soutyh during Thanksgiving weekendin 2008, doubling the store’s space.
She and McClainm travel to Ireland for wares to brint back and sell in the They also meet with Irish suppliers twicea year, once in New York and once in “It’s truly a family life,” Kerry Browne “For years, we worked side by We get to be with our and our customers are our Few people get to live theie dream every day, and I think we More information about Saturday’s street fair .
Sunday, August 21, 2011
Artist Talk at Enso Gallery Today - Patch.com
bhutan-warwick.blogspot.com
Artist Talk at Enso Gallery Today Patch.com Photo by Susan Friedman Half Moon Bay resident Judy Shintani will give an artist's talk this afternoon with Mel Ahlborn at Enso Art Gallery about preparing work for her solo exhibition "In Liminal Space." In addition to the artistic process, ... |
Friday, August 19, 2011
BDSI shares jump on FDA update - Memphis Business Journal:
mooth35byh.blogspot.com
Shares of BDSI (Nasdaq: BDSI) reached as high as $8.2i9 on Monday morning before settling backto $6.83, up just 1 as the close of a roughy day for the markets. The company said that although the FDA did not take actionh on the drug byJune 12, as a review team told the company that the FDA will not be issuing a review extension because the agencty expects to take action on the drug applicationh soon. The only outstandiny requirement for Onsolis is approval ofa “risk evaluatiojn and mitigation strategy” or REMS, a plan to manag possible risks associated with a drug. The plan is now a requiremenft for allopioid drugs.
Onsolis is a smalkl disk placed on the insidee of the cheek that deliversthe pain-killinb drug Fentanyl. It is used for breakthrough pain experienced bycancee patients. CEO Mark Sirgo said in a statemeny that the FDA needs a littlde more time to complete its which is consistent with other drug that have requireda REMS. Sirgo also said that some warrantas have been exercised in the lastseveralk weeks, which should allow the companhy to continue its work without any additional financing.
Shares of BDSI (Nasdaq: BDSI) reached as high as $8.2i9 on Monday morning before settling backto $6.83, up just 1 as the close of a roughy day for the markets. The company said that although the FDA did not take actionh on the drug byJune 12, as a review team told the company that the FDA will not be issuing a review extension because the agencty expects to take action on the drug applicationh soon. The only outstandiny requirement for Onsolis is approval ofa “risk evaluatiojn and mitigation strategy” or REMS, a plan to manag possible risks associated with a drug. The plan is now a requiremenft for allopioid drugs.
Onsolis is a smalkl disk placed on the insidee of the cheek that deliversthe pain-killinb drug Fentanyl. It is used for breakthrough pain experienced bycancee patients. CEO Mark Sirgo said in a statemeny that the FDA needs a littlde more time to complete its which is consistent with other drug that have requireda REMS. Sirgo also said that some warrantas have been exercised in the lastseveralk weeks, which should allow the companhy to continue its work without any additional financing.
Tuesday, August 16, 2011
Roberts backs KU Cancer Center's push for NCI designation - Pittsburgh Business Times:
ogarawo.wordpress.com
Roberts, R-Kan., spoke at The ’s Westwood medical building. He said that it now takes 10 years to 17 years and $1 billion to bring a new drug to which Roberts called a “national disgrace.” The Nationao Cancer Institute said in November that the KU Cance r Center has a 25, 2011, application date for its effortas to get an initial five-year designatiomn as an NCI cancer The months-long application process for institutions seekinbg new designations begins with submission of documentation that sometimez exceeds 1,000 pages and includes a site visitg and other steps. The earliestg that KU Cancer Center’sx application could be approved is the springof 2012.
64 cancer centers receive Cancer Centere Support Grants to support research to reduce the morbidity and mortality rateszof cancer. There are 23 cancer centers and 41 comprehensivdcancer centers. The KU Cancer Centetr is part of , whichy is the medical research and educatiohn arm of the Universityof Kansas. NCI designatio — KU’s No. 1 prioritt — typically is granted to academicmedical centers. KU Medical Center is the entityy that will apply forNCI designation. • Increased regionao patient accessto cutting-edge clinical trials. • More than $1.3 billionm in annual economic benefits inthe region.
• An increase in KU Cancerd Center’s annual NCI financing from thecurren $7.5 million to about $40 NCI-affiliated institutions also attract world-class researchers who bring NCI grants with and part of the estimatesd increase is based on that. Many of these researchers doublewas clinicians, adding expertise and depth in variouzs cancer-care sub-specialties.
Roberts, R-Kan., spoke at The ’s Westwood medical building. He said that it now takes 10 years to 17 years and $1 billion to bring a new drug to which Roberts called a “national disgrace.” The Nationao Cancer Institute said in November that the KU Cance r Center has a 25, 2011, application date for its effortas to get an initial five-year designatiomn as an NCI cancer The months-long application process for institutions seekinbg new designations begins with submission of documentation that sometimez exceeds 1,000 pages and includes a site visitg and other steps. The earliestg that KU Cancer Center’sx application could be approved is the springof 2012.
64 cancer centers receive Cancer Centere Support Grants to support research to reduce the morbidity and mortality rateszof cancer. There are 23 cancer centers and 41 comprehensivdcancer centers. The KU Cancer Centetr is part of , whichy is the medical research and educatiohn arm of the Universityof Kansas. NCI designatio — KU’s No. 1 prioritt — typically is granted to academicmedical centers. KU Medical Center is the entityy that will apply forNCI designation. • Increased regionao patient accessto cutting-edge clinical trials. • More than $1.3 billionm in annual economic benefits inthe region.
• An increase in KU Cancerd Center’s annual NCI financing from thecurren $7.5 million to about $40 NCI-affiliated institutions also attract world-class researchers who bring NCI grants with and part of the estimatesd increase is based on that. Many of these researchers doublewas clinicians, adding expertise and depth in variouzs cancer-care sub-specialties.
Sunday, August 14, 2011
Longtime Wells Fargo exec moving to Charlotte to lead retail operations - Boston Business Journal:
aleshnikovenil.blogspot.com
Laura Schulte, a longtime Wells Fargo is settling into her new office at the formerr Wachoviaheadquarters uptown. As president of community bankinhg forthe company’s eastern she’s responsible for all the company’s retaill banking operations on the East The 14-state territory is home to 2,814r bank branches and 4,633 ATMs. Schulte is moving here with her son and husbane after splitting time between Charlottse and Wells Fargo offices in Californiaa for aboutsix months. She couldn’t be reacherd for a comment this week because shewas “ob the stagecoach somewhere betwee n San Francisco and Charlotte,” spokeswoman Ginny Mackijn says.
All of Schulte’s banking experience is out West. She most recentlyu was president ofWells Fargo’s Western region, whicb includes California, Oregon, Washington, Idahlo and Alaska. She also has overseen communityu banking operationsin Nevada, Wyoming and Altogether, Schulte has spent 26 years with Well s Fargo and its predecessor, Minneapolis-bases Norwest Corp., which bought Wells Fargo in 1998. , the S.C.-based bank that owns North CarolinaBank Trust, formerly The Scottish has been named one of the 100 Most Trustworthhy Companies in America by Forbes magazine. The list is based on a studhy byAudit Integrity, an independent financial analyticas company.
The report says it ranksa companies that have consistentlydemonstratexd transparent, conservative accounting, solid corporate governance and responsible leadership. More than 8,000 companies were SCBT operates 50 financial centers in16 S.C. countiea and Mecklenburg County. Its assets totapl about $2.8 billion. executive Brick Brown has left the bank and joineed Franklin Street Partners inChapel Hill. Franklin Street Partnersa provides investment and wealth managementfor institutions, familieds and individuals. Brown previously was national salesz directorfor Wachovia’s nonprofit and philanthropicd services group.
Laura Schulte, a longtime Wells Fargo is settling into her new office at the formerr Wachoviaheadquarters uptown. As president of community bankinhg forthe company’s eastern she’s responsible for all the company’s retaill banking operations on the East The 14-state territory is home to 2,814r bank branches and 4,633 ATMs. Schulte is moving here with her son and husbane after splitting time between Charlottse and Wells Fargo offices in Californiaa for aboutsix months. She couldn’t be reacherd for a comment this week because shewas “ob the stagecoach somewhere betwee n San Francisco and Charlotte,” spokeswoman Ginny Mackijn says.
All of Schulte’s banking experience is out West. She most recentlyu was president ofWells Fargo’s Western region, whicb includes California, Oregon, Washington, Idahlo and Alaska. She also has overseen communityu banking operationsin Nevada, Wyoming and Altogether, Schulte has spent 26 years with Well s Fargo and its predecessor, Minneapolis-bases Norwest Corp., which bought Wells Fargo in 1998. , the S.C.-based bank that owns North CarolinaBank Trust, formerly The Scottish has been named one of the 100 Most Trustworthhy Companies in America by Forbes magazine. The list is based on a studhy byAudit Integrity, an independent financial analyticas company.
The report says it ranksa companies that have consistentlydemonstratexd transparent, conservative accounting, solid corporate governance and responsible leadership. More than 8,000 companies were SCBT operates 50 financial centers in16 S.C. countiea and Mecklenburg County. Its assets totapl about $2.8 billion. executive Brick Brown has left the bank and joineed Franklin Street Partners inChapel Hill. Franklin Street Partnersa provides investment and wealth managementfor institutions, familieds and individuals. Brown previously was national salesz directorfor Wachovia’s nonprofit and philanthropicd services group.
Friday, August 12, 2011
$20M in renovations proposed at Met Park - Jacksonville Business Journal:
http://www.centokmv.ru/putevki.php
“The St. Augustine Amphitheater is stealingt a lot ofour business,” said Ron Barton, executive directort of the Jacksonville Economic Development Commissioh during its meeting last week. “Thesed are events that could easily be booked here as The only plan for the amphitheater at Metro Park is downgradinyg the slope of land surrounding the theater to make more room for peoplse attending theevents there, and it should make them more Barton said.
But this is the last stags of the renovation project for the Jacksonville Other renovations include anexpanded children’s playground and discovergy area, a new entry plaza and covered picnic pavilions along the sides of the greenj at Metro Park. The entires project should costaround $20 and they hope to get it started by the first of the year, Barton “A good park like this could be just as effective as a good arena,” he When former mayor John Delaney tried to renovate Metro Park and the amphitheate r during his term, the Jacksonville community raisedd red flags in fear they would lose some accessa to the park.
In addition, many residents across the river were afraidd of the noise the amphitheaterwould produce, especiallyh on week nights, but they aren’ as concerned now. “The problemk last time was that thecity wouldn’g be over the amphitheater anymore, but as long as the city continuex to run it, that would be said former Jacksonville city council member Suzanne Jenkins, who chaired the movement againsgt the amphitheater during Delaney’s administration. “Theuy do a really good job.” Last time they were worrierd they wouldn’t get a response if they filedr noise complaints to adifferent company, Jenkins said, but they know the city will respond.
She even admittec that they like attendinf events at the amphitheater inMetro Park. “u can understand. I’ve been to some things and the whole community across the river is used to itby now,” she said. “I thinok this is definitely a dialogueworth having.”
“The St. Augustine Amphitheater is stealingt a lot ofour business,” said Ron Barton, executive directort of the Jacksonville Economic Development Commissioh during its meeting last week. “Thesed are events that could easily be booked here as The only plan for the amphitheater at Metro Park is downgradinyg the slope of land surrounding the theater to make more room for peoplse attending theevents there, and it should make them more Barton said.
But this is the last stags of the renovation project for the Jacksonville Other renovations include anexpanded children’s playground and discovergy area, a new entry plaza and covered picnic pavilions along the sides of the greenj at Metro Park. The entires project should costaround $20 and they hope to get it started by the first of the year, Barton “A good park like this could be just as effective as a good arena,” he When former mayor John Delaney tried to renovate Metro Park and the amphitheate r during his term, the Jacksonville community raisedd red flags in fear they would lose some accessa to the park.
In addition, many residents across the river were afraidd of the noise the amphitheaterwould produce, especiallyh on week nights, but they aren’ as concerned now. “The problemk last time was that thecity wouldn’g be over the amphitheater anymore, but as long as the city continuex to run it, that would be said former Jacksonville city council member Suzanne Jenkins, who chaired the movement againsgt the amphitheater during Delaney’s administration. “Theuy do a really good job.” Last time they were worrierd they wouldn’t get a response if they filedr noise complaints to adifferent company, Jenkins said, but they know the city will respond.
She even admittec that they like attendinf events at the amphitheater inMetro Park. “u can understand. I’ve been to some things and the whole community across the river is used to itby now,” she said. “I thinok this is definitely a dialogueworth having.”
Wednesday, August 10, 2011
Report: UF No. 3 for sports revenue - South Florida Business Journal:
ufysyho.wordpress.com
The sister publication of the South Florida BusinesasJournal , citing Equity in Athletics Disclosure Act forms, found that the Gators broughyt in $106 million in the school year that endedf June 2008. The , and the University of Florida were the only threed college athletics programs during the school year to topthe $100 millioh mark. UF won college football national championships after the 2006 and 2008regulart seasons, and won back-to-back men’s basketball nationakl titles in 2006 and 2007. Other Southern schools rankinv in the top 20 in overall sports revenueewere No. 9, the , with $88.72 and , ranked 12th, with $84.188 million.
The following are the top 10 revenue-generatinv college sports programs inthe U.S. for the 2007-078 school year: University of Texas: $120.3 million : $93.54 million : $91.6 million : $89.3 million : $88.o9 million University of Tennessee: $88.7 millio n : $88.6 million
The sister publication of the South Florida BusinesasJournal , citing Equity in Athletics Disclosure Act forms, found that the Gators broughyt in $106 million in the school year that endedf June 2008. The , and the University of Florida were the only threed college athletics programs during the school year to topthe $100 millioh mark. UF won college football national championships after the 2006 and 2008regulart seasons, and won back-to-back men’s basketball nationakl titles in 2006 and 2007. Other Southern schools rankinv in the top 20 in overall sports revenueewere No. 9, the , with $88.72 and , ranked 12th, with $84.188 million.
The following are the top 10 revenue-generatinv college sports programs inthe U.S. for the 2007-078 school year: University of Texas: $120.3 million : $93.54 million : $91.6 million : $89.3 million : $88.o9 million University of Tennessee: $88.7 millio n : $88.6 million
Sunday, August 7, 2011
CB Richard Ellis offering aims to raise $550M - Atlanta Business Chronicle:
http://www.stagewhispers.com.au/schools
The company will use the proceedzs to reduce itssizablse debt. The Los Angeles-based broker plans to offer $400 million in seniot unsubordinated notes in aprivate placement. It also will sell $100 milliob in new Class A common stock to investors that includde hedge fundPaulson & Co. Inc. CB Richard Ellis may raisee another $50 million in periodic public stocl sales. CB Richard Elliws has $2.4 billion in debt, $310 millio n of which is due next according toBloomberg data. Much of its debt was incurred througnits $1.9 billion acquisition of Trammellp Crow in 2006.
The move by CB Richard Ellis (NYSE:CBG) follows a similar initiative byOn Tuesday, Jonea Lang LaSalle (NYSE: JLL) said it planned to raisre as much as $200 million in a secondary stockl offering of 5.5 million CB Richard Ellis is the world’s largest commercial real estate services firm. It has more than 29,000o employees worldwide. The Kansas City Businesas Journal ranked CB Richard Elliws asthe area’s fourth most-actives commercial real estate company, based on 371 local transactions closede in 2008. It was No. 6 among the area’s largesrt commercial real estate companies, with 27 local agenta at the time the list was publishefdin February.
The company will use the proceedzs to reduce itssizablse debt. The Los Angeles-based broker plans to offer $400 million in seniot unsubordinated notes in aprivate placement. It also will sell $100 milliob in new Class A common stock to investors that includde hedge fundPaulson & Co. Inc. CB Richard Ellis may raisee another $50 million in periodic public stocl sales. CB Richard Elliws has $2.4 billion in debt, $310 millio n of which is due next according toBloomberg data. Much of its debt was incurred througnits $1.9 billion acquisition of Trammellp Crow in 2006.
The move by CB Richard Ellis (NYSE:CBG) follows a similar initiative byOn Tuesday, Jonea Lang LaSalle (NYSE: JLL) said it planned to raisre as much as $200 million in a secondary stockl offering of 5.5 million CB Richard Ellis is the world’s largest commercial real estate services firm. It has more than 29,000o employees worldwide. The Kansas City Businesas Journal ranked CB Richard Elliws asthe area’s fourth most-actives commercial real estate company, based on 371 local transactions closede in 2008. It was No. 6 among the area’s largesrt commercial real estate companies, with 27 local agenta at the time the list was publishefdin February.
Friday, August 5, 2011
New Mexico oil and gas drilling plummets - New Mexico Business Weekly:
http://primeo.us/BlueSail/Clarion-Remote/
Jason Sandel, executive vice president of in said the sudden reductio n in activity since last fall hasbeen startling. “The numbed of drilling rigs that have shut down almost instantaneouslty throughout all companiesand operations, combined with the lengtg of time producers say they will remaih down, makes this situation unique,” said who is also a Farmingto n city councilor. “There were some tough timews in the 1980sand 1990s, but what we’re facing right now is about the worsr we’ve experienced.” When drilling activity drops, everythingt else follows close behind, Sandel said.
As of 24 of the 41 drilling rigs assignec to the San Juan Basin in northwesterj New Mexico hadceased operations. “Drillinvg is always the firs t service impacted ina downturn,” Sandel said. “Everythinh else follows suit, because if there’e no drilling, then there’s no equipment or water to be haules and no compressorsto operate. The idling of drillinhg rigs is really justthe beginning.” Free-falling prices are a majofr problem. Oil for February deliver fell below $35 per barrel this week on the , down from a peak of $147 per barre last summer. And, natural gas prices are currentlgearning $4.
83 per 1,000 cubic compared to more than $6 per MCF last Industry representatives also blame adverse environmental regulations, especially new statwe rules on the management of oil-and-gas pits that took effect in New Mexico last June. “Th e overzealous and out-of-control regulatory environment makes it very tougg to do business inNew Mexico,” said Bob Gallagher, presidenrt of the . “I’d say that’s even a bigged concern than price Sandel said restrictive regulations and declining prices make for akiller “I see it as the perfecty storm,” Sandel said. “Both declining prices and the risiny cost of doing business are causinfthe downturn.
” Estimates on layoffs are not yet said Margaret McDaniel, directofr of the . “The numbers are just starting totrickld in, but basically everything is slowinbg down,” McDaniel said. Sandel said at leasft 552 drilling workers have been laid off in the northwestermn quadrant ofthe state, sinces each drilling rig includes 23 workeres and supervisors, and 24 rigs are currently shut down in the San Juan The layoffs include 200 of Aztec’s 750 Sandel said. Texas-based — the largest natural gas producer in the San JuanBasin — announced on Jan. 16 that it will lay off aboutg 4 percent of its globalwork force, or nearl y 1,350 employees worldwide.
“There haven’tg been any layoffs in New Mexicol yet,” said spokesman Jim “We need to first assess where it will take but we’ll make those announcements in a few The situation is similar in the Permian Basim in southeastern New Mexico, said Raye Miller of Artesia-base “The southeast part of the state is seeing significanf reductions in rig Miller said. “We had five rigs contracted to us last year andnow we’ree down to four.
We’rew about to go down to three, and if prices don’tg improve, we’ll go down to two in the next few Most other companies operating in the Permian Basin are alsocutting back, including and , Millerd said. “The situation is basically the same for all companies in the and if production companies are cutting then the service companies that work for them are alsocuttinfg back. It’s happening pretty much acrossathe board.
”
Jason Sandel, executive vice president of in said the sudden reductio n in activity since last fall hasbeen startling. “The numbed of drilling rigs that have shut down almost instantaneouslty throughout all companiesand operations, combined with the lengtg of time producers say they will remaih down, makes this situation unique,” said who is also a Farmingto n city councilor. “There were some tough timews in the 1980sand 1990s, but what we’re facing right now is about the worsr we’ve experienced.” When drilling activity drops, everythingt else follows close behind, Sandel said.
As of 24 of the 41 drilling rigs assignec to the San Juan Basin in northwesterj New Mexico hadceased operations. “Drillinvg is always the firs t service impacted ina downturn,” Sandel said. “Everythinh else follows suit, because if there’e no drilling, then there’s no equipment or water to be haules and no compressorsto operate. The idling of drillinhg rigs is really justthe beginning.” Free-falling prices are a majofr problem. Oil for February deliver fell below $35 per barrel this week on the , down from a peak of $147 per barre last summer. And, natural gas prices are currentlgearning $4.
83 per 1,000 cubic compared to more than $6 per MCF last Industry representatives also blame adverse environmental regulations, especially new statwe rules on the management of oil-and-gas pits that took effect in New Mexico last June. “Th e overzealous and out-of-control regulatory environment makes it very tougg to do business inNew Mexico,” said Bob Gallagher, presidenrt of the . “I’d say that’s even a bigged concern than price Sandel said restrictive regulations and declining prices make for akiller “I see it as the perfecty storm,” Sandel said. “Both declining prices and the risiny cost of doing business are causinfthe downturn.
” Estimates on layoffs are not yet said Margaret McDaniel, directofr of the . “The numbers are just starting totrickld in, but basically everything is slowinbg down,” McDaniel said. Sandel said at leasft 552 drilling workers have been laid off in the northwestermn quadrant ofthe state, sinces each drilling rig includes 23 workeres and supervisors, and 24 rigs are currently shut down in the San Juan The layoffs include 200 of Aztec’s 750 Sandel said. Texas-based — the largest natural gas producer in the San JuanBasin — announced on Jan. 16 that it will lay off aboutg 4 percent of its globalwork force, or nearl y 1,350 employees worldwide.
“There haven’tg been any layoffs in New Mexicol yet,” said spokesman Jim “We need to first assess where it will take but we’ll make those announcements in a few The situation is similar in the Permian Basim in southeastern New Mexico, said Raye Miller of Artesia-base “The southeast part of the state is seeing significanf reductions in rig Miller said. “We had five rigs contracted to us last year andnow we’ree down to four.
We’rew about to go down to three, and if prices don’tg improve, we’ll go down to two in the next few Most other companies operating in the Permian Basin are alsocutting back, including and , Millerd said. “The situation is basically the same for all companies in the and if production companies are cutting then the service companies that work for them are alsocuttinfg back. It’s happening pretty much acrossathe board.
”
Subscribe to:
Posts (Atom)