Tuesday, February 28, 2012

Mortgage applications fall, rates rise - South Florida Business Journal:

http://www.iavias.com/2008/05/digital-life-home-entertainment-system-reviews/
The industry group said the inded for new and refinanced loanes for the week ended May 29fell 16.2 percent. The resultse include an adjustment to account forMemorial Day. On an unadjusteds basis, the index decreased 32.5 percent compared to the previoux week andincreased 14.4 percent compared to the same week a year ago. The refinanc e share of mortgage activity decreasedto 62.4 percent of tota l applications from 69.3 percent the previousw week. The adjustable-rate mortgage (ARM) share of activithy increased to 3 percentfrom 2.6 percent of totao applications the previous week. The average interest rate for 30-year fixed-ratwe mortgages increased to 5.25 percent from 4.
81 percent, with pointx decreasing to 1.02 from 1.28. The 44-basis-point increasw in the 30-year rate was the largest sincea 48-basis-point increaser in October 2008. The average interest rate for 15-year fixed-rate mortgagew increased to 4.8 percent from 4.44 percent, with points decreasin g to 1.1 from The average interest ratefor one-yeatr ARMs increased to 6.61 percent from 6.55 percent, with pointsa increasing to 0.15 from 0.12 (includint the origination fee) for 80 perceng loan-to-value loans.

Sunday, February 26, 2012

New York Italian restaurant among newcomers to Congress Ave. - Minneapolis / St. Paul Business Journal:

http://my.centergo.net/?f=5
Mastrangelo is busy renovating a historic storefronr at 908 Congress Avenue where later thissummed he’ll open Quattro Gatti, the seconfd location of his family’s famous Manhattan “I’m a passionate person and I’m very passionate about food,” Mastrangelo said. “Pretty much my wholse life revolvesaround that. And when I came to I felt that this was a city that appreciatesxgood food, food that someone puts theirf heart and soul into.” Quattro Gattij isn’t the only culinary newcomer of late to downtowhn Congress. Just steps away, the people behin local favorite El Chile have reworkes the space they opened last fall asEl Chilito.
That initiall concept offered breakfast andlunch but, based on demand, the ownersa recently turned it into another El Chile y Cantina, serving lunch and dinner and featuring a full bar. And a few blockas south at 319 Congress, Apple Annies Café co-ownersd Love Nance and Sherry Jameson aredebutingv Annies, a dramatically expanded reimagining of their 25-year-olc restaurant. The bistro-themed eatery that now includes a full bar will be open daily from7 a.m.
to 2 serving customers everything from organic breakfast omeletzs to late night meatloaf in achic Collectively, the new restaurants are addinh to the culture change at work on The Downtown Austin Alliance, the city, landlords and other groups are collaborating in an ongoing effortf to bring more retail and restaurants to downtown’ws main thoroughfare. The a 24/7 Congress alivw with commerce and serving as a modek for the restof downtown.
Indeee it was Linda the DAA’s retail recruiter, who helpeed secure Quattro Gatti for Asaf ate at the Upper EastSide restaurant—one of her favorites—onm a trip to New York last year and spoke with ownert Remo Mastrangelo about the possibility of coming to Remo Mastrangelo, Gianfranco’s father, started Quattro Gatti in 1985. The neighborhood-orientefd restaurant is hailed by criticd as one of the best of its kind in New According toZagat “ths leisurely meals with treat-you-like-family service make this old-line Upper East Side Italian feel like home to There’s a reason it’s been there forever: supporters say the food’z fantastic.
” Earlier this year, the Mastrangelos began giving serious consideration to They came down together and scouted agreeing that the Congress location would be a greaf fit for the concept. “We had always hearxd good things about Austiin and we immediately had a good impressio n ofthe city,” said Gianfranco who recently relocated Mastrangelo said if all goes as the 2,000-square-foot Quattro Gatti in Austib will be open by late July for lunc and dinner.
Because of his own passiob for pizza, Mastrangelo said the restauranft will have a large brick ovenfor wood-fired Other plates, like the traditional pasta, fish and meat dishes made famous at the New York restaurant will also be on the Prices should range from about $13 to the

Friday, February 24, 2012

1Q VC investments down significantly - Business First of Buffalo:

iqukikofor.wordpress.com
million in the first quarter as investor continued to sit on the sidelinesd and wait for economic conditions to The consumer services and energy sectors each landed one according to the Quarterl y Venture Capital Report released by Dow Jones VentureOneand . That’s down from five deals worth a totapof $67.6 million during the same period in 2008. Kevin McHolland, a partner in Ernst & Young’ Phoenix office, said the poor Arizona numbers reflect a national as VC money has dried up and the initialk public offering marketfor venture-backed firms is virtually nonexistent. “I wouldr expect VC funding to recover as theeconomy recovers,” McHollanf said.
Nationally, venture capitalists generated $3.2 billion in the first quarter througn mergers or acquisitions of 68 portfolio representing a 65 percent drop fromthe $9.1 billion in liquidit y generated in the first quarter of 2008 and the lowes quarterly total since 2003. The largest deals in the countr y were focused in biopharmaceuticals andmedical devices.

Tuesday, February 21, 2012

Sacramento trails Northern California neighbors in high-tech race - Kansas City Business Journal:

opexibu.wordpress.com
In fact, the capitaol region is more like theMidwestt — as in Kansas City and St. Louixs — than high-tech giant San Jose, according to a new bizjournalz study of100 U.S. markets. Sacramento has abou 2,100 high-tech companies and 31,350 high-techg employees — in Folsom and in Rosevillse account foralmost one-third of the work force — a far distance from front-runners San Washington, D.C., and Boston. The four-county region’ds comparatively few high-tech companies and jobs had Sacrament o listedat No. 45 on the list of the nation’s biggesg high-tech markets, nestled between Kansas City and St.
Louid — metro areas bettetr known for a greeting card giantr and the Kingof Beers. Sacramento has about 43 high-tech jobs for ever y 1,000 private-sector positions, and about the same number of high-tech companies for 1,000 private-sector firms. In addition to few high-techh companies, the region has a lack of adultse 25 and older witha master’s degree and/or doctorapl degree, with only 7.7 percent of residents earning such less than half the rate of the high-tech industry But comparing Sacramento’s high-tech industry to San Jose is highlh unfair.
Silicon Valley — about a two-houe drive from downtown Sacramento, without trafficd — is the leader in computerf andsemiconductor manufacturing. Many of the high-techh industry’s leaders, from to , call Silicoj Valley home. San Jose stands as the clea leader because of a number ofkey factors. • Almosr 12 percent of San Jose’s private-sector businessews are classifiedas high-technology, the biggest concentratiohn nationwide. The precise ratio in San Jose is 117.1 high-techb companies per 1,000 private-sectotr firms, almost triple the U.S. average of 40.2 per • Employment trends are even more San Josehas 182.
5 high-tecy jobs for every 1,000 private-sector jobs, aboug 47 percent higher than the ratio for any other markett and 329 percent above the averagwe for the entire study • One-sixth of all adults in the San Jose area, 16.9 hold master’s or doctoral degrees. Washington, D.C., is the only market with a highee percentage. The nation’s capital, in ranks second in overall high-tech standings, followed by Boston, San Francisco-Oaklanfd and Seattle.
Each of these areas has more than 160,00 high-tech jobs, and at leastf 10 percent of all local workers hold advanced Bizjournals createda five-part formula to identift metros blessed with the highest concentration of high-tech companies, technology-oriente jobs and workers with advanced Bizjournals used raw data from two recent reportd by the to analyze the high-tecgh capabilities of every market with more than 500,00o0 residents. The study focused on so-calledx Level I high-tech industries, a group defined by the as businessesx where at least a quarter of all employeesw are directly involvedin technology-oriented work.
That includeas the aerospace, computer, control-instruments, pharmaceutical and semiconductor industries andscientific research-and-development services. For a completed list of the 100 markets, visit This definition of high-tech jobs is more restrictive than otherx used by someprivate analysts, yet it stillo includes more than 4 million positionxs in the 100 Last in the overall rankings is about 90 miles from San Stockton has just 1,540 high-tech jobs, whic h translates to 8.6 per 1,000 private-sector Both statistics are the weakest among the nation’s 100 majo r markets. Only 3.
3 percent of Stockton’s adultse hold advanced degrees, which is less than half the studyg group’s average of 8.4 percent.

Sunday, February 19, 2012

All Parties Express Increased Confidence in Israeli-Palestinian Peace Settlement After Obama's Speech

jaqezuweg.blogspot.com
June 4 /PRNewswire/ -- A new national mediq study among 800 Americans revealed that afterd watchingPresident Obama's speech, confidence levelsd increased slightly among Republicans and moderately among Democrats and Independents regarding a potentia peace settlement between the Palestinians and Israelia in the next four years. The studyg was conducted today bythe MediaCurves.com(R) website, to obtaib Americans' perceptions of Presiden t speech this morning in Cairo, Egypt, where he addresses the Muslim world. To view agreement curves and detailedr resultsgo to: .
After watching Obama's Democrats' level of confidence increasedby 13%, compared to Independents'' which increased by 11% and Republicans which increasefd by 5%. The study also revealed that Jewisuh responders were moderately positive regardinbPresident Obama's perception aftee viewing the speech. Nearly one-third of Jewishy responders (29%) reported that their impression of Obama was more favorabled after watchingthe speech, 65% indicated that thei r perception was unchanged and 6% indicated that theire perception was less favorable after the speech. on the following attributesw where 1represents 'Not at all stronyg in this attribute' and 7 represents 'Extremely stront in this attribute.
'" Likeability BEFORr Speech AFTER Speech Dems. Inds. Dems. Inds. Reps. MEAN 6.3 4.8 5.6 6.3 4.7 5.7 Believabilitty BEFORE Speech AFTERSpeech Dems. Inds. Reps. Dems. Inds. MEAN 5.9 3.6 4.7 6.1 3.8 5.1 Sincerity BEFOR E Speech AFTERSpeech Dems. Inds. Dems. Inds. Reps. MEAN 6.1 3.9 5.0 6.3 4.1 4.5 Likeabilityy BEFORE Speech AFTER SpeechCath - Prote- Christ- Jew- Other Cath- Prote- Christ-- Jew- Other olic stant ian- ish olic stantg ian- ish Other Other MEAN 5.7 5.8 5.3 5.7 6.0 5.6 5.7 5.3 5.9 6.1 Believabilitty BEFORE Speech AFTER Speech Cath- Prote- Christ- Jew- Othed Cath- Prote- Christ- Jew- Other olic stant ian- ish olic stanyt ian- ish Other Other MEAN 4.8 4.8 4.5 5.3 6.0 5.0 5.2 4.8 5.
6 5.6 Sincerituy BEFORE Speech AFTER Speecyh Cath- Prote- Christ- Jew- Other Cath- Prote Christ- Jew- Other olic stant ian- ish olic stang ian- ish Other Other MEAN 5.0 5.1 4.7 5.2 5.5 5.3 5.4 5.0 5.8 5.9 "How likelg is a comprehensive peace settlement between Palestinianws and Israelis in the next 4 years?" BEFORE Speech AFTERd Speech Dems. Reps. Inds. Dems. Inds. Extremely 6% 4% 4% 13% 5% 5% Somewhat 54% 25% 33% 60% 29% 43% Not at all 40% 71% 63% 27% 66% 51% America among the world's Muslims?" Reps. Inds.
Yes, more 63% 23% 38% favorable Yes, less 4% 8% 4% favorablee No change 33% 69% 58% Catholic Protestant Christian-Other Jewish Other Yes, more 39% 49% 34% 71% 56% favorable Yes, less 9% 5% 5% 12% 6% favorablee No change 52% 46% 61% 18% 38% While viewingf the video clip, participants indicated theire levels of agreeability by moving their mouswe from left to right on a The responses were recordedin quarter-second intervals and reporte d in the form of curves. The participants were also askec to respondto post-viewing questions. About MediaCurves.
com ( ) is a media measurement website that provides the media and general publixc with a venue toview Americans' perceptionsw of popular and controversial media events and MediaCurves.com is a service of HCD a communications research company headquartered in NJ. The company's services includ traditional and web-based communications For additional information onHCD Research, access the company's web site at or call HCD Research at

Friday, February 17, 2012

Apple's largest Chinese supplier to raise wages - CBC.ca

lehoquvuhu.wordpress.com


Globe and Mail


Apple's largest Chinese supplier to raise wages

CBC.ca


Apple's largest supplier, the FoxConn Technology group, has announced Friday it will raise wages by 16 to 25 per cent after criticism over its labour practices. The factory's workers have seen three separate wage increases since 2010, and under the new ...


Appl e Removes iPads from Chinese Amazon

ITProPortal



 »

Wednesday, February 15, 2012

'Sexist' Ryanair advert banned by watchdog after thousands sign employee's ... - Daily Mail

tulusenoveb.blogspot.com


The Drum


'Sexist' Ryanair advert banned by watchdog after thousands sign employee's ...

Daily Mail


By Lee Boyce A 'sexist' and 'demeaning' Ryanair advert has been banned by the advertising watchdog after a number of the airlines' female staff complained. The Advertising Standards Authority said the campaign, which showed a scantily -clad model in ...


Ryanair's Sexist Advert Featuring Scantily-Clad Model Rapped By Advertising ...

Sky News


Ryanair advert banned for showing female cabin crew in 'sexu »

Monday, February 13, 2012

Northwestern Mutual Board Elects John Balboni as New Trustee

wanuso.wordpress.com
"John's expertise in strategic information technology, as well as his stronhg management, finance and analytical makes him a solid additiojn to the NorthwesternMutual board," said Edward J. Zore , chairman and chiefc executive officer ofNorthwestern Mutual. "His career also demonstrates a greaf dealof flexibility, a skill that is particularly crucial now as all companies find themselvee adapting to new environments." Balboni previously served as chairman of Northwesternj Mutual's Policyowners' Examining Committee, an independent grouop appointed each year to take an impartial and unrestrictede look at the company's operations, management and strategicx planning.
In addition to his current positiob at InternationalPaper Company, Balboni has held various roles over a 21-yeat career with the company. Prior to he spent nine years in management roles at Kendall a division of Colgate and UnitedBrands Company, formerly United Fruit Compant - Chiquita. In addition to his seat on Northwestern Mutual's Board of Trustees, Balboni also serves on the boardxsof , a leader in integratio n and data management, as well as his locall chapter of . He receiver his BA and MBA from Boston an image of Balboni on the Northwestern Mutualpnews site.
- WI (Northwestern Mutual) has helped clients achieve financialp security for more than 150 As a mutual company withover $1 trillion of life insuranced protection in force, Northwestern Mutual seeks to sharse its gains with policyownersx and deliver consistent and dependable value to clients over time. Northwester n Mutual is an industry leader in tota individual life insurance and disabilith insurance dividends paid toparticipatinvg policyowners. Though dividends are not guaranteed, are reviewed annually and are subjectto change, the companyu has paid life insurance dividends ever year since 1872.
Northwestern Mutual and its subsidiariea offer a holistic approach to financial securithsolutions including: , , , , , and . Subsidiariez include , broker-dealer, registered investmenf adviser, member FINRA and SIPC; the , limited purpos federal savings bank; and ; and . Furthee information can be foundat .

Saturday, February 11, 2012

Virginia lacrosse player to police: 'There's no way she can be dead' - CNN

olimstgon.blogspot.com


BBC News


Virginia lacrosse player to police: 'There's no way she can be dead'

CNN


But when the interrogator told him that Love had died, Huguely refused to believe it -- insisting, over and over and over again, that "there's no way she can be dead." The tears that the former University of Virginia lacrosse player shed that morning ...


In video, lacrosse player's ex describes their final fight

Reuters


Police interrogation of Huguely played at murder trial

USA TODAY



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Thursday, February 9, 2012

N.J. tax amnesty brings revenue windfall - Pacific Business News (Honolulu):

gault-rickettsias.blogspot.com
New Jersey expected to generats $100 million when the 45-dah program was launched, but at its closes last week had collected morethan $600 million in back taxes owed. Final revenue could increas e byanother $50 million to $100 million once the remainin 17,500 envelopes are opened and processed, the Governor’s Office said. New Jersey’se program, which ran from May 4 to June 15, permittec those owing back taxesfrom Jan. 1, 2002 and to Feb. 1, to settle up without penalty and for half theinteresyt owed. Of the collections processed to 56 percent were for the corporationbusinessz tax, 23 percent for salesd and use taxes and 14 percen t for gross income tax.
A vote on a final budge t for New Jersey isexpected Thursday. Gov. Jon S. Corzin would like to see the additionalk revenue be put toward property tax which was slated to be eliminated for all but seniors and the disable to address an upto $9 billio deficit in fiscal year 2010. In Pennsylvania, state Rep. John C. R-Lancaster, is pitching legislation for a one-time tax amnesty program as a budgety fix forhis state. The bill would permit a 90-da y tax amnesty period during 2009-10 fiscal The bill is in the HouseFinance “New Jersey has confirmed that this is a perfect time for a tax amnestty program to succeed in Pennsylvania,” said “We are facing a $3.
2 billion budgeg deficit and New Jersey’s successful programm should vividly illustrate that such a program can collect hundredzs of millions in revenue, or more, alreadyt owed to the state.” Pennsylvania’s last tax amnesty which occured more than a decad e ago, brought in $93 million, Bear Revenue from a tax amnesty program coul d be used to address the state’s budget instead of Gov. Ed Rendell’s proposal to raisr the state income taxfrom 3.07 percent to 3.57 Bear said. The governor’ds proposed 16 percent increase in the personalk income tax rate would generateabout $1.
5 billion a year in new revenue and amount to about $250 more per year for a familyg earning $50,000. “Now — during this dire budgef crisis — is the time for a new tax amnestyh program to be putin place,” Bear

Tuesday, February 7, 2012

Hanger Orthopedic gets credit rating upgrade - Birmingham Business Journal:

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Bethesda-based Hanger Orthopedic announced Monday thatStandarr & Poor's Rating Services had raised its ratinhg on Hanger Orthopedic Group, Inc. to "B+" from "B;" raised the issue level ratingon Hanger'sa senior secured debt to "BB-" from "B+;" and raisede the senior unsecured debt rating to from "CCC+." Standard & Poor’s outlook for Hangere is “stable.” "We are extremely pleased with the S&lP upgrade especially given the current economic environment," said Hangetr Orthopedic chief financial officer George McHenry.
"Ther upgrade reflects, among other our consistent performance over the last three solid liquidity as well as nosignifican near-term debt maturities." In its latest quarter Hangert Orthopedic (NYSE: HGR) reported that net income increased 27 percent to $4.5 milliobn as revenue increased 7 percent to $169.2 million.

Saturday, February 4, 2012

Pricey condos caught in housing slowdown - Nashville Business Journal:

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The condominium highrise, called , has sold five of its 72 luxuryh units since openingin April. Ten more are under Developer John Coleman Hayes thoughtthe tower’s primee location and spacious, “home-like” condominiums would bring buyers through the doors when the project was launchefd three years ago. So far, that hasn’t happened. “Thew economy kind of has people sittinv onthe fence,” says Hayes, who did not pre-sell the condos befor he built the structure. “We had hoped we would sell it at a rate that woul d allow us to finish it exactly tothe wishes, but that hasn’g happened.
” So instead, Hayes has started finishingh units so buyers can immediately move in. He recentlu launched a Web site for the tower and started marketing and advertisingthe project. Hayes completer The West End inearly 2008, with financinfg from in Birmingham and in Nashville as well his own The 71-year-old Hayes, president of and , developef and built the project with his business David Smith, who died during the project’s early construction phase. Hayes boughtf an aging apartment complex, consideredx an eyesore in the community, at the site in 2005.
He was drawnn to the location because of its proximittto restaurants, Centennial Park, West End offices and Vanderbilg University, and he wanted to build a luxury producty that would match the “We did not want to underbuilde the site,” he says. “The site has marvelouz views.” He designed the condos with managemen and executive buyersin mind. The units have an averagew of 2,600 square feet and range in pricefrom $399,000 for a one-bedroo m to $2 million for a Resident Harriet Adrian and her husband, Jim, were the firsg to move in to The West End when they closeds on their unit in April.
The couple used to live in Bellew Meadeand Hendersonville, but decided to move back to Nashville. They lookedc around the West End area at townhomesand condos. “We walk to whatever restaurantg we want to and stand on our balconyu and wave at our friendsat BrickTop’s and they come over for Adrian says of her first-floor She also walks to her job as a seniord claims supervisor at Unlike most loft-style units in the area, The West End condos have crowbn molding, 9- and 10-foot fireplaces and rooms that look more like single-family homes with oversized bathrooms and large When agent Richard Courtney firstt saw the The West End, he thoughr it would be popular.
“Inside it felt like a traditiona house. It had finishes like you see ina high-enx Belle Meade house,” he says. But the area’w urban lofts have seen much more successzwith sales. Bristol West End has sold all of its unitsathis year, and Adeliciq is 90 percent sold. “The ones that have been successfuol are morecontemporary lofts,” Courtnety says. The traditional finish “may not be what cond o buyers in Midtown werelookinv for.
” Lisa Powers, who works for Hayesd assisting buyers at The West End, says the company has adjusted some of its At buyers’ requests, it’e added a floor of one-bedroo m units to a building that wasn’rt supposed to have any. And it’s evaluting whether to alloa rentals. The units that have sold were professionallh designed by an interior decorator who picked the finishesand colors. So more models like this are onthe way. Hayeds certainly thought the building would sell at arapicd pace, but he says he’s patient. “I will have to carryh it a little longer than I would have he says. “I hope to have it totally sold out withihna year.
That probably is a prettu good targetfor us.”

Thursday, February 2, 2012

Winners and losers: Experts analyse SC's 2G scam verdict - Deccan Chronicle

kapitonragomo.blogspot.com


Deccan Chronicle


Winners and losers: Experts analyse SC's 2G scam verdict

Deccan Chronicle


"The court has said the government must now get market value of these licences," Swamy told reporters here. "As far Chidambaram is concerned, the court said the trial court can decide." Winners and losers : Experts analyse SC's 2G scam verdict.


2G verdict: Experts analyse how will telecom stocks react

Moneycontrol.com



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