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Monday, July 30, 2012
Surprising link found in Obama's family tree - CBS News
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Sunday, July 29, 2012
Phoenix One data center patents technology - Phoenix Business Journal:
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The company has two patents pendingv for technology installed inthe center, and it alreadh has customers at what once was the Le Nature’s water-bottlinf operation off Loop 202 and 48th Wanger, i/o’s president, said more companiesa are seeking colocation servicesx as they look to house server s and backup data at off-site facilities to save capital Companies can rent rack space in a colocation facilityh to house servers that need to be connected to multiple bandwidtgh providers. This is particularly important to businesses that want to ensure their Web sites are up andrunningf 24/7.
“Everybody is saving everything,” Wanger “You send a picture to your grandmotherthroughb flickr.com, and the image is here and here and here.” I/o’sd new center comes at a good time for the which in the past year has seen a boom in colocation centersx as businesses scrap plansd for their own private centers, said Davidc Cappuccio, chief of research of infrastructurew for Gartner Inc.
“In the last when the economy startedto (companies) started to ask if they should be spending all the capitall money up front,” he I/o completed the work on Phoenis One in about six employing an army of contractors, many of whom are stilkl working on the second phase. The firstt phase is finished, but upgrades will continue until thered isroughly 460,000 square feet dedicated to servers. Wange said they’re about they’ve already completed abour halfof that. The process for developintg Phoenix One started witha $56 million investmenty by Sterling Partners in December which helpecd i/o acquire the building on a 50-yeaf lease.
I/o moved its operation from Scottsdale, wherd it still has a 120,000-square-foot data center, to the Phoenixs office. Many of the technologiess first implementedat i/o’s Scottsdale centet are expanded in the new Additions include the a server enclosure that makes use of cool air circulatintg under the raised floor. It allows the air to be drawjn up through theclosed cabinet, enabling more servers to be stored The device allows the cabinetxs to store as much as 10 timexs the equipment that would be used in traditionalp data center operations, Wanger said. “We’re seein people pack 5,000 square feet of data cente intotwo cabinets,” he said.
The company also developedx a plug system that works with equipmenr fromany manufacturer. It’s an easier way to distribute power and infrastructurer than installingspecialized equipment, Wanger “This is all customer-driven,” he “People said they wanted access to multiple brandw of equipment.” The data center will take advantagwe of features originally installed in the Le Nature’z factory, including access to an on-site Arizons Public Service Co. substation suppling the facility with 42 megavoltsxof electricity. The company plans to triplw that once the facilityis complete.
It also uses a 7,000-tobn chilled water cooling system thathelps i/o reducse its power bill through thermal cooling. The process uses a water-geol combination that is frozen at night to keep the water coolerf duringthe day, Wanger In addition, the company is planning a 4-megawatt solarr system for the building’s roof, installexd light-emitting diodes for more efficieny lighting, and power-saving equipment and design. The retrofirt also will be submitted for certificatio n as part ofthe U.S. Greenn Building Council’s Leadership in Energy and Environmental Design Wanger said.
Phoenix once was a boomtown for data but the tech bubble crashed many of thoser plans in the early part of the Inrecent years, the Valley has again seen increasexd activity in becoming a data hub. Cappuccio said Phoenix has the same things gointg for it that it did 10yearsa ago: a relatively stable cost of electricity and no natural disasters. As colocation continues to push the size of commerciak data centersup — even as company-owned data center are getting smaller — more companiesa may look at Phoenix, Cappuccio said. “Thwe colocators are going to continus tolook there,” he said.
“The y are going to go where they can get the lowest cost of a buildinvg persquare foot.”
The company has two patents pendingv for technology installed inthe center, and it alreadh has customers at what once was the Le Nature’s water-bottlinf operation off Loop 202 and 48th Wanger, i/o’s president, said more companiesa are seeking colocation servicesx as they look to house server s and backup data at off-site facilities to save capital Companies can rent rack space in a colocation facilityh to house servers that need to be connected to multiple bandwidtgh providers. This is particularly important to businesses that want to ensure their Web sites are up andrunningf 24/7.
“Everybody is saving everything,” Wanger “You send a picture to your grandmotherthroughb flickr.com, and the image is here and here and here.” I/o’sd new center comes at a good time for the which in the past year has seen a boom in colocation centersx as businesses scrap plansd for their own private centers, said Davidc Cappuccio, chief of research of infrastructurew for Gartner Inc.
“In the last when the economy startedto (companies) started to ask if they should be spending all the capitall money up front,” he I/o completed the work on Phoenis One in about six employing an army of contractors, many of whom are stilkl working on the second phase. The firstt phase is finished, but upgrades will continue until thered isroughly 460,000 square feet dedicated to servers. Wange said they’re about they’ve already completed abour halfof that. The process for developintg Phoenix One started witha $56 million investmenty by Sterling Partners in December which helpecd i/o acquire the building on a 50-yeaf lease.
I/o moved its operation from Scottsdale, wherd it still has a 120,000-square-foot data center, to the Phoenixs office. Many of the technologiess first implementedat i/o’s Scottsdale centet are expanded in the new Additions include the a server enclosure that makes use of cool air circulatintg under the raised floor. It allows the air to be drawjn up through theclosed cabinet, enabling more servers to be stored The device allows the cabinetxs to store as much as 10 timexs the equipment that would be used in traditionalp data center operations, Wanger said. “We’re seein people pack 5,000 square feet of data cente intotwo cabinets,” he said.
The company also developedx a plug system that works with equipmenr fromany manufacturer. It’s an easier way to distribute power and infrastructurer than installingspecialized equipment, Wanger “This is all customer-driven,” he “People said they wanted access to multiple brandw of equipment.” The data center will take advantagwe of features originally installed in the Le Nature’z factory, including access to an on-site Arizons Public Service Co. substation suppling the facility with 42 megavoltsxof electricity. The company plans to triplw that once the facilityis complete.
It also uses a 7,000-tobn chilled water cooling system thathelps i/o reducse its power bill through thermal cooling. The process uses a water-geol combination that is frozen at night to keep the water coolerf duringthe day, Wanger In addition, the company is planning a 4-megawatt solarr system for the building’s roof, installexd light-emitting diodes for more efficieny lighting, and power-saving equipment and design. The retrofirt also will be submitted for certificatio n as part ofthe U.S. Greenn Building Council’s Leadership in Energy and Environmental Design Wanger said.
Phoenix once was a boomtown for data but the tech bubble crashed many of thoser plans in the early part of the Inrecent years, the Valley has again seen increasexd activity in becoming a data hub. Cappuccio said Phoenix has the same things gointg for it that it did 10yearsa ago: a relatively stable cost of electricity and no natural disasters. As colocation continues to push the size of commerciak data centersup — even as company-owned data center are getting smaller — more companiesa may look at Phoenix, Cappuccio said. “Thwe colocators are going to continus tolook there,” he said.
“The y are going to go where they can get the lowest cost of a buildinvg persquare foot.”
Saturday, July 28, 2012
Restaurateur Norman Brinker dies - Business First of Buffalo:
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Brinker passed away Monday night leaving a legacy casual dininfg restaurants built on what Phil Romano called a vision of developing the casual dining restaurant concept wherer diners are treated not to fast foodor full-out fine but to a place where peopls can eat everyday. “One of Norman’es biggest attributes was that he was a greayt leader anda cheerleader,” Romano said. “He wouldf take people’s talents and develop them beyondetheir abilities.” grew into a restaurant company that guidedf chains like , On and Maggiano’s Littlwe Italy.
Dallas-based Brinker (NYSE: EAT) in the past year sold the restaurant chain created byPhil Romano: Romano’s Macaroni Grill. Romano credits his friend Norman Brinker for taking his creative vision and growingb it into a majornational chain. “Th e industry is going to miss him,” Romanl said. “Norman had the ability to take somethinbg andgrow it. That’s his talent,” Romano addeds that Norman Brinker wasa “good man” who taught him quitse a bit about the restaurant industryg and also quite a bit abou t leadership.
Brinker passed away Monday night leaving a legacy casual dininfg restaurants built on what Phil Romano called a vision of developing the casual dining restaurant concept wherer diners are treated not to fast foodor full-out fine but to a place where peopls can eat everyday. “One of Norman’es biggest attributes was that he was a greayt leader anda cheerleader,” Romano said. “He wouldf take people’s talents and develop them beyondetheir abilities.” grew into a restaurant company that guidedf chains like , On and Maggiano’s Littlwe Italy.
Dallas-based Brinker (NYSE: EAT) in the past year sold the restaurant chain created byPhil Romano: Romano’s Macaroni Grill. Romano credits his friend Norman Brinker for taking his creative vision and growingb it into a majornational chain. “Th e industry is going to miss him,” Romanl said. “Norman had the ability to take somethinbg andgrow it. That’s his talent,” Romano addeds that Norman Brinker wasa “good man” who taught him quitse a bit about the restaurant industryg and also quite a bit abou t leadership.
Wednesday, July 25, 2012
Green Township OKs Mercy hospital plan - Orlando Business Journal:
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The plan passed 3-0. “We’rw very pleased to get to this stage and excited to take the next saidPete Gemmer, spokesman for Mercy. “We realize there is still a lot of work to do and we look forwardc to continuing to work with the residents and the township leadersa to develop a hospital everyone can be proud The project will now be submitted to the Hamiltonn County Regional Commissionfor consideration, probably next month, Gemmer The planned hospital and parking areax would cover about 40 acres and sit near to Interstat 74. The facility, to cost $200 could open in early 2014. The proposex site is 60 acres.
Mercy has said it will closre itstwo West-Side hospitals: Mercy Hospitalo Western Hills and Mercy Hospital Mount The new hospital, with 200 to 250 beds, will be a replacementg for them. Some residents in the area had expresser concerns about increased traffic as a resulr ofthe hospital, whose main access road would be from Northy Bend Road, at roughly the midway point between Kleeman and Boomer.
Gemmee said a traffic impact study through the HamiltomCounty Engineer’s Office is nearly
The plan passed 3-0. “We’rw very pleased to get to this stage and excited to take the next saidPete Gemmer, spokesman for Mercy. “We realize there is still a lot of work to do and we look forwardc to continuing to work with the residents and the township leadersa to develop a hospital everyone can be proud The project will now be submitted to the Hamiltonn County Regional Commissionfor consideration, probably next month, Gemmer The planned hospital and parking areax would cover about 40 acres and sit near to Interstat 74. The facility, to cost $200 could open in early 2014. The proposex site is 60 acres.
Mercy has said it will closre itstwo West-Side hospitals: Mercy Hospitalo Western Hills and Mercy Hospital Mount The new hospital, with 200 to 250 beds, will be a replacementg for them. Some residents in the area had expresser concerns about increased traffic as a resulr ofthe hospital, whose main access road would be from Northy Bend Road, at roughly the midway point between Kleeman and Boomer.
Gemmee said a traffic impact study through the HamiltomCounty Engineer’s Office is nearly
Monday, July 23, 2012
Number of S. Fla. pending home sales falls - South Florida Business Journal:
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On June 1, there were 15,246 single-familu homes, condominium units and townhomes under contract inthe tri-county area, down from 15,399 on May 25, according to the report, whicg is produced using data from . "Wes don't know if the drop in pendingv sales in South Florida is an anomaly or the beginninyg ofa trend," said Peter a principal with the Bal Harbour-based real estated service company. In Miami-Dade County, there were 6,776 pending sales on June 1, down from 6,7890 on May 25. In Broward County, therr were 5,844 pending sales, down from 5,934 in the previou week.
And, in Palm Beach there were 2,626 pending salexs on June 1, down from There were 9,302 pending sales in Southj Florida for the weekending Nov. 24. Sincd that time, pending sales have increased by 63.9 or 5,944 properties, according to Condo Despite the slowdown in new contracts in thelast week, the numbed of properties on the market continues to fall. Soutn Florida's available inventory dropped by 1.7 to 83,491 residences for sale on June 1from 84,9621 on May 25. Since Nov. 24, available inventory in Soutg Florida has fallenby 24,036 or 22.4 percent.
On June 1, there were 15,246 single-familu homes, condominium units and townhomes under contract inthe tri-county area, down from 15,399 on May 25, according to the report, whicg is produced using data from . "Wes don't know if the drop in pendingv sales in South Florida is an anomaly or the beginninyg ofa trend," said Peter a principal with the Bal Harbour-based real estated service company. In Miami-Dade County, there were 6,776 pending sales on June 1, down from 6,7890 on May 25. In Broward County, therr were 5,844 pending sales, down from 5,934 in the previou week.
And, in Palm Beach there were 2,626 pending salexs on June 1, down from There were 9,302 pending sales in Southj Florida for the weekending Nov. 24. Sincd that time, pending sales have increased by 63.9 or 5,944 properties, according to Condo Despite the slowdown in new contracts in thelast week, the numbed of properties on the market continues to fall. Soutn Florida's available inventory dropped by 1.7 to 83,491 residences for sale on June 1from 84,9621 on May 25. Since Nov. 24, available inventory in Soutg Florida has fallenby 24,036 or 22.4 percent.
Sunday, July 22, 2012
Golden Gate University eyes new highrise - San Francisco Business Times:
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Bob Hite, vice presidenrt of business affairs and CFO for GoldejnGate University, said the university started discussingh a plan to sell its 33,000-square-foogt property at Mission and Firs streets to a highrise developer about a year ago. The site now holdxs Golden Gate’s main building, and he said the universitt would only be interested if it coulde either be part of anew mixed-usd development on the site or move to another location in downtowmn San Francisco.
Golden Gate has hired land use attorneyt Pam Duffy of LLP and has put together a task force to look at potential Buzz about GoldenGate University’s interest in findingg a developer for its site increasedf after a May 26 Planning Department Transbayy forum during which a new zoning map was showing an 850-foot proposed height at 536 Mission St. While planner Joshua Switzky said previous versions of the map had also designated the parcel for higher than800 feet, Hite said the new zoningt was news to Golden Gate Universityh officials. “The first we knew of the 850-foot heights was at last week’s said Hite.
“This is a change, and we thinkl a very good If approved, Golden Gate’s rezoning would be part of a highriswe cluster arounda 1,000-footf Transbay Tower that would include six skyscraperds over 600 feet and allow for anothee 5.8 million square feet of new officee space, 1,350 housing units and 1,359 hotel rooms. Fees from the developmen t would help raisebetween $700 million and $850 million to help pay for a $2 billion transi center. However, with construction costs still relatively high and housing price s and office rents in decline it is unlikely that any of these towers will be buil in the next five accordingto experts.
The latest zoninhg proposal pits Golden Gate Universityg against neighboring developerDavid Choo, who owns sevem parcels in and around Firsf and Mission streets. The latesty Transbay plan calls for two tall towers one 700 feet and one 850 feet on the block that includewboth Choo’s property and the Golden Gate Universith property. Choo has been tryinhg to sell his parcels as a unified site that alon could accommodate thetwo towers, one 700 feet and one 850 Thus, if a tower is designatex for the Golden Gate University property, it could reduce the Choo propertyu to just one tower of either 700 feet or 850 In 2006, Choo filed an application to build as many as five tower on his property, but over the past 18 months has been trying to sell a number of San Francisco building sites as his commercial mortgage lendiny business, , has suffered severe losses.
One of his II, filed for Chapter 11 bankruptcy onMarch 31. Hite said he and Golden Gate President Dan Angel met with Planning Directotr John Rahaim and other planners and made a case for 536Missioj St. “We shared with them our belief that we thinl our site should be designated thehigher site,” he principal Jeffrey Heller, who has been working with Choo on schemess for First and Missionj and is designing another tower in the Transbagy district, said the taller tower belong s on the Choo site because it is closetr to the proposed Transbay Tower.
“The urban design plans and protocola for the Transbay plannin g area all say the tall buildings shouldr be clustered around the Transbay Towe to create a hill and I believw that is an absolutely essential piece of how they finallyg set the heights inthe area,” he said. “I thinkl it’s important that the planning effort refocusea on this because Ithink it’zs getting vague and watered down by a variet of claims for height.” Golden Gate University has 5,009 students and offers graduate and undergraduate degrees in law, accounting, business administration, finance, communications and othefr areas It has been in the Missiojn Street building since 1968.
Hite emphasizesd that they need to stay in the greater financial districr because most students walk to class from jobs at downtown accounting andlaw firms. “The only way this woulx make sense to us is if it helpefd us financiallyand operationally,” said Hite. “We would not do it for the moneg if it would screw up oureducationall mission.” Duffy, the land use attorney, said, “Like most property owners in the area, Goldenh Gate University is interested in what happensd in the community around them and how it might effect them. “They are one of the majo downtown institutions and a significant employer with a significantstudent body,” said Duffy.
Hite said Goldenm Gate would be willing to move into the bottojm six or seven floors ofa mixed-use tower, but acknowledgedf that any development would be yeara away. “I think we have a lot of time on our he said.
Bob Hite, vice presidenrt of business affairs and CFO for GoldejnGate University, said the university started discussingh a plan to sell its 33,000-square-foogt property at Mission and Firs streets to a highrise developer about a year ago. The site now holdxs Golden Gate’s main building, and he said the universitt would only be interested if it coulde either be part of anew mixed-usd development on the site or move to another location in downtowmn San Francisco.
Golden Gate has hired land use attorneyt Pam Duffy of LLP and has put together a task force to look at potential Buzz about GoldenGate University’s interest in findingg a developer for its site increasedf after a May 26 Planning Department Transbayy forum during which a new zoning map was showing an 850-foot proposed height at 536 Mission St. While planner Joshua Switzky said previous versions of the map had also designated the parcel for higher than800 feet, Hite said the new zoningt was news to Golden Gate Universityh officials. “The first we knew of the 850-foot heights was at last week’s said Hite.
“This is a change, and we thinkl a very good If approved, Golden Gate’s rezoning would be part of a highriswe cluster arounda 1,000-footf Transbay Tower that would include six skyscraperds over 600 feet and allow for anothee 5.8 million square feet of new officee space, 1,350 housing units and 1,359 hotel rooms. Fees from the developmen t would help raisebetween $700 million and $850 million to help pay for a $2 billion transi center. However, with construction costs still relatively high and housing price s and office rents in decline it is unlikely that any of these towers will be buil in the next five accordingto experts.
The latest zoninhg proposal pits Golden Gate Universityg against neighboring developerDavid Choo, who owns sevem parcels in and around Firsf and Mission streets. The latesty Transbay plan calls for two tall towers one 700 feet and one 850 feet on the block that includewboth Choo’s property and the Golden Gate Universith property. Choo has been tryinhg to sell his parcels as a unified site that alon could accommodate thetwo towers, one 700 feet and one 850 Thus, if a tower is designatex for the Golden Gate University property, it could reduce the Choo propertyu to just one tower of either 700 feet or 850 In 2006, Choo filed an application to build as many as five tower on his property, but over the past 18 months has been trying to sell a number of San Francisco building sites as his commercial mortgage lendiny business, , has suffered severe losses.
One of his II, filed for Chapter 11 bankruptcy onMarch 31. Hite said he and Golden Gate President Dan Angel met with Planning Directotr John Rahaim and other planners and made a case for 536Missioj St. “We shared with them our belief that we thinl our site should be designated thehigher site,” he principal Jeffrey Heller, who has been working with Choo on schemess for First and Missionj and is designing another tower in the Transbagy district, said the taller tower belong s on the Choo site because it is closetr to the proposed Transbay Tower.
“The urban design plans and protocola for the Transbay plannin g area all say the tall buildings shouldr be clustered around the Transbay Towe to create a hill and I believw that is an absolutely essential piece of how they finallyg set the heights inthe area,” he said. “I thinkl it’s important that the planning effort refocusea on this because Ithink it’zs getting vague and watered down by a variet of claims for height.” Golden Gate University has 5,009 students and offers graduate and undergraduate degrees in law, accounting, business administration, finance, communications and othefr areas It has been in the Missiojn Street building since 1968.
Hite emphasizesd that they need to stay in the greater financial districr because most students walk to class from jobs at downtown accounting andlaw firms. “The only way this woulx make sense to us is if it helpefd us financiallyand operationally,” said Hite. “We would not do it for the moneg if it would screw up oureducationall mission.” Duffy, the land use attorney, said, “Like most property owners in the area, Goldenh Gate University is interested in what happensd in the community around them and how it might effect them. “They are one of the majo downtown institutions and a significant employer with a significantstudent body,” said Duffy.
Hite said Goldenm Gate would be willing to move into the bottojm six or seven floors ofa mixed-use tower, but acknowledgedf that any development would be yeara away. “I think we have a lot of time on our he said.
Saturday, July 21, 2012
Tung Duong, 62 - HollandSentinel.com
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Tung Duong, 62 HollandSentinel.com Tung worked at J & J Tool and Die, and also at Metal Flow of Holland as a tool and die maker. He was preceded in death by a granddaughter, Jenna An Walters. He is survived by his wife of 40 years, Kim Anh Tran; children, Son and Martha Duong of Zeeland ... |
Thursday, July 19, 2012
Got the Next Great Idea? - New York Times
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Got the Next Great Idea? New York Times EVERYONE, it seems, has an app or a genius idea for one. Credit the lackluster job market plus facile tools and technology â€" no Ph.D. in programming required â€" for the rise of campus hack cultures that reach far beyond engineering and computer ... |
Wednesday, July 18, 2012
Aerosonic names Kevin J. Purcell its new chief financial officer - Minneapolis / St. Paul Business Journal:
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Effective May 26, Purcell will receive an annual base salarygof $180,000, SEC filings said. He also has been granteed stock options to purchase a totalof 25,000 shares of Aerosonif common stock and will receive four weekd of paid vacation each year. In Purcell is eligible to earn a performance bonuds of up to 35 percent of his annual base in cash, stock or other equity compensation based on targets determined by the board. Beginnintg July 1, Purcell will be entitleed to receive fringe benefits and employesebenefit plans, filings said. Previously, Purcelpl was vice president and chief financial officerat (NASDAQ: HRLY) and vice presidengt of finance, contracts and compliance at .
He also has workecd in the government contractor advisory services groupof . A certifieds public accountant and certifieemanagement accountant, Purcell receivedr his bachelor of business administration degree in financial accounting at in New Rochelle, and holds an MBA from in Los Angeles, a releaswe said. Founded in 1953, Aerosonic is a manufacturef of aviation productsfor commercial, businesx and military aircraft. The company also has offices in Clearwaterand Va.
Effective May 26, Purcell will receive an annual base salarygof $180,000, SEC filings said. He also has been granteed stock options to purchase a totalof 25,000 shares of Aerosonif common stock and will receive four weekd of paid vacation each year. In Purcell is eligible to earn a performance bonuds of up to 35 percent of his annual base in cash, stock or other equity compensation based on targets determined by the board. Beginnintg July 1, Purcell will be entitleed to receive fringe benefits and employesebenefit plans, filings said. Previously, Purcelpl was vice president and chief financial officerat (NASDAQ: HRLY) and vice presidengt of finance, contracts and compliance at .
He also has workecd in the government contractor advisory services groupof . A certifieds public accountant and certifieemanagement accountant, Purcell receivedr his bachelor of business administration degree in financial accounting at in New Rochelle, and holds an MBA from in Los Angeles, a releaswe said. Founded in 1953, Aerosonic is a manufacturef of aviation productsfor commercial, businesx and military aircraft. The company also has offices in Clearwaterand Va.
Monday, July 16, 2012
Visteon Corporation Company Profile | VC Company Information
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In September 2005, the Companh transferred 23 of its North American facilities and certain othe r related assets andliabilities (the to Automotive Components Holdings, LLC (ACH), an wholly-owned subsidiary of the On October 1, 2005, the Compangy sold ACH to Ford for cash proceeds of approximately $300 million, as well as the forgiveness of certain other postretirement employee benefit liabilities and othed obligations relating to hourly employees associatesd with the Business and the assumption of certainh other liabilities (together, the ACH Transactions). ...
In September 2005, the Companh transferred 23 of its North American facilities and certain othe r related assets andliabilities (the to Automotive Components Holdings, LLC (ACH), an wholly-owned subsidiary of the On October 1, 2005, the Compangy sold ACH to Ford for cash proceeds of approximately $300 million, as well as the forgiveness of certain other postretirement employee benefit liabilities and othed obligations relating to hourly employees associatesd with the Business and the assumption of certainh other liabilities (together, the ACH Transactions). ...
Sunday, July 15, 2012
Fly Clear fast lane at Albany Int
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was among the 20 airports nationwide that offered theexpeditecd system. An airport spokeswoman said the airport was not notified in advancse and the Clear Lanewas closed. In it reported having more than 10,000 users pass througuh the lanes since the express servic was first offered there insummert 2007. “Clear Lanes Are No Longer At 11:00 p.m. PST on June 22, Clear will cease operations. Clear’s parent has been unable to negotiate an agreement with its seniodr creditor tocontinue operations.” There was no information about whether enrollees would get refunds. The service cost $199 a Customers were mostly business travelers andfrequent fliers.
The progran started at in 2005. Cleafr enrollees were pre-screened by the , and, if approved, were providedx with a card that gave them accesds to a specialsecurity lane. Cleat was operated by Verified Identity Pass of NewYork City. As of June 4, Clead claimed to have enrolled morethan 260,000
was among the 20 airports nationwide that offered theexpeditecd system. An airport spokeswoman said the airport was not notified in advancse and the Clear Lanewas closed. In it reported having more than 10,000 users pass througuh the lanes since the express servic was first offered there insummert 2007. “Clear Lanes Are No Longer At 11:00 p.m. PST on June 22, Clear will cease operations. Clear’s parent has been unable to negotiate an agreement with its seniodr creditor tocontinue operations.” There was no information about whether enrollees would get refunds. The service cost $199 a Customers were mostly business travelers andfrequent fliers.
The progran started at in 2005. Cleafr enrollees were pre-screened by the , and, if approved, were providedx with a card that gave them accesds to a specialsecurity lane. Cleat was operated by Verified Identity Pass of NewYork City. As of June 4, Clead claimed to have enrolled morethan 260,000
Saturday, July 14, 2012
American Syrian Coalition Condemns Tremseh Massacre in Hama Province - San Francisco Chronicle
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American Syrian Coalition Condemns Tremseh Massacre in Hama Province San Francisco Chronicle The American Syrian Coalition (ASC) today strongly condemned the massacre committed by Assad regime forces in the village of Tremseh in Hama province, claiming the lives of around 200 civilians, according to Local Coordination Committees. |
Thursday, July 12, 2012
Home sales up, values hit $130,000 - Orlando Business Journal:
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Association members sold 1,854 existing homes last month, or 38 percengt more than April and 44 percent more than the same monthulast year. Of the homes sold in May, 795 were bank-repossesser properties and another 150were distressed. Thosed sales have driven down the median home prics in Mayto $130,000, a 38.5 percent decrease. The median price for a traditional home resalewas $82,000 for bank-owned resales and $140,0090 for distressed sales. Meanwhile, sales of existinv homes in Lake, Orange, Osceola and Seminole countiee was up 44 percentlast month. There were 2,400 home resalews in the Orlando area, compared to the 1,66q2 sold in May 2008. Through May, 10,005 homesz have be sold, 51.
7 percent more than the 6,59 sold during the same perioflast year. Along with increasede sales, more than double the numbefr of homes awaited closingsin May, an indicator of an improviny market, the report said. There were 6,603 pending contracts last month, whichh compares with 3,225 in the same mont h last yearand 3,455 homes came under contracyt in May 2009. Orlando area condpo resales was 369in May, more than doublse May 2008’s 142 unit sales. The majority of those sales, 198 units, were priced at $50,000 or The report said 156 duplex, and villa units sold in May, a nearly 36 percen increase fromMay 2008’s 115.
Most of thosre sales, 29 units, sold in the $100,000-$120,00p price category. Orlando’s affordability index is at nearly 198, which means that buyere earningthe state-reported median income of $52,365 can qualify to purchase homes priced up to The first-time homebuyer affordability in Orlando is 140.6 which means first-time homebuyers who earn the reporter median income of $35,608 can qualify to purchase a home listesd for $155,306 or less. All homes were on the markert for an average of 104 days beforse selling inMay 2009. The average home sold for 94 perceny of itslisting price.
There were 19,12e homes for sale through the Multipld Listing Service last down 1,071 homes from April 2009. The May inventorhy level is nearly 24 percent lowerrthan 25,015 available in May 2008. The May 2009 inventoruy reflectsa 10.31-month supply at the current sales pace.
Association members sold 1,854 existing homes last month, or 38 percengt more than April and 44 percent more than the same monthulast year. Of the homes sold in May, 795 were bank-repossesser properties and another 150were distressed. Thosed sales have driven down the median home prics in Mayto $130,000, a 38.5 percent decrease. The median price for a traditional home resalewas $82,000 for bank-owned resales and $140,0090 for distressed sales. Meanwhile, sales of existinv homes in Lake, Orange, Osceola and Seminole countiee was up 44 percentlast month. There were 2,400 home resalews in the Orlando area, compared to the 1,66q2 sold in May 2008. Through May, 10,005 homesz have be sold, 51.
7 percent more than the 6,59 sold during the same perioflast year. Along with increasede sales, more than double the numbefr of homes awaited closingsin May, an indicator of an improviny market, the report said. There were 6,603 pending contracts last month, whichh compares with 3,225 in the same mont h last yearand 3,455 homes came under contracyt in May 2009. Orlando area condpo resales was 369in May, more than doublse May 2008’s 142 unit sales. The majority of those sales, 198 units, were priced at $50,000 or The report said 156 duplex, and villa units sold in May, a nearly 36 percen increase fromMay 2008’s 115.
Most of thosre sales, 29 units, sold in the $100,000-$120,00p price category. Orlando’s affordability index is at nearly 198, which means that buyere earningthe state-reported median income of $52,365 can qualify to purchase homes priced up to The first-time homebuyer affordability in Orlando is 140.6 which means first-time homebuyers who earn the reporter median income of $35,608 can qualify to purchase a home listesd for $155,306 or less. All homes were on the markert for an average of 104 days beforse selling inMay 2009. The average home sold for 94 perceny of itslisting price.
There were 19,12e homes for sale through the Multipld Listing Service last down 1,071 homes from April 2009. The May inventorhy level is nearly 24 percent lowerrthan 25,015 available in May 2008. The May 2009 inventoruy reflectsa 10.31-month supply at the current sales pace.
Wednesday, July 11, 2012
California exports fall by 27% in April - Los Angeles Business from bizjournals:
cahijisebi.wordpress.com
April marked the sixth consecutive month of shrinkintg exportsfor California, and it was the worst Aprik in four years, according to figures compiled by the based on data releasec Wednesday morning by the . “Far from revealing any evidenced of an impendingeconomic recovery, California’s export trade nose-divecd in April,” Jock O’Connell, the UC Center’sw international trade and economics said in a news release. The Golden State’s exportsz plummeted by more than a 25 percentt from export totals reported in same month last year, he The value of California’s merchandisr exports in April totaled $9.25 billion, 25.5 percentr below the $12.
42 billion in goods the statre shipped abroad in April of last California’s export trade began to deteriorate last November, and decreasec by an average of about 20 percent durinhg the first quarter of this year, O’Connell said in the “In April, we plumbed new depths,” O’Connell “These are the lowest Californiaz export numbers for the monthy of April since 2005.” California’se manufactured exports fell by 27.6 percent in while agricultural goods and other non-manufactured exports declinec by 27.9 percent. Re-exports of goods previously imported into the statd were downby 15.
2 percent, O’Connell The bleak export experiencse was evident at California’s ports and airports. The number of outbound loaded containers in April decreasedby 18.3 percent from the year earlief at the ports of Los Angeles and Long Beach. The Port of Oaklanr took less ofa hit, with a drop of 4.1 he said. International air freight tonnage shrunkby 22.5 percent at while was off by 34.4 percent. Importers felt the pain alongb with exportersin April. The valus of foreign goods entering the United Statesx through California declinedby 28.5 percent, the UC Centetr Sacramento analysis found.
April marked the sixth consecutive month of shrinkintg exportsfor California, and it was the worst Aprik in four years, according to figures compiled by the based on data releasec Wednesday morning by the . “Far from revealing any evidenced of an impendingeconomic recovery, California’s export trade nose-divecd in April,” Jock O’Connell, the UC Center’sw international trade and economics said in a news release. The Golden State’s exportsz plummeted by more than a 25 percentt from export totals reported in same month last year, he The value of California’s merchandisr exports in April totaled $9.25 billion, 25.5 percentr below the $12.
42 billion in goods the statre shipped abroad in April of last California’s export trade began to deteriorate last November, and decreasec by an average of about 20 percent durinhg the first quarter of this year, O’Connell said in the “In April, we plumbed new depths,” O’Connell “These are the lowest Californiaz export numbers for the monthy of April since 2005.” California’se manufactured exports fell by 27.6 percent in while agricultural goods and other non-manufactured exports declinec by 27.9 percent. Re-exports of goods previously imported into the statd were downby 15.
2 percent, O’Connell The bleak export experiencse was evident at California’s ports and airports. The number of outbound loaded containers in April decreasedby 18.3 percent from the year earlief at the ports of Los Angeles and Long Beach. The Port of Oaklanr took less ofa hit, with a drop of 4.1 he said. International air freight tonnage shrunkby 22.5 percent at while was off by 34.4 percent. Importers felt the pain alongb with exportersin April. The valus of foreign goods entering the United Statesx through California declinedby 28.5 percent, the UC Centetr Sacramento analysis found.
Monday, July 9, 2012
Ritter endorses plan to re-do budget formula, bolster Colorado's rainy-day fund - Denver Business Journal:
bengeyqafiba1640.blogspot.com
Some Republicans in the past have attacked such proposalzs asan end-run arounfd spending and revenue limits imposed by the Taxpayera Bill of Rights, or TABOR. Also the House and Senate approvedan $18 billion statew budget that avoids once-threatened $300 million cuts to higher education but calls for steeo reductions elsewhere, from prisons and health clinicss to wages for state workers, and boosts taxes on tobacco and vending-machin food. The budget now goes to Ritter backed proposed amendments to SenateBill 228, a measurse introduced earlier in the legislative session to revise caps on Colorado’xs general fund. Those amendments, he said, would be introduceed Thursday.
The amendments would allow the stat e to increaseits rainy-day reserve fund over time from 4 percengt of the general fund as now allowed under law to 10 They would also revise budget restrictionds under the so-called Arveschoug-Bird limit, approved by legislatorws in 1991. "This beginws to ease some of the conflicting fiscalrestraintsw ... that makes the existing budgetingv process archaicand ineffective," Ritter told reporteras of the proposals Wednesday. Under Arveschoug-Bird limit, the state'ws general-fund budget can't grow more that 6 percent a year. Any revenue collectedc beyond that total goes tothe state's highway but there hasn't been enough for that in receny years.
The limit also pushes down statew spending inlean years, and then limits how fast spendinyg can grow back to previous levelsa in flush years. The amendment to SB 228 would replacee that rule with a different formula for thegenera fund, linking budget growth to 5 percent of statewidw personal income. Presumably, that woulr allow the budget to grow fasted than the 6 percent allowedunder Arveschoug-Bird in yearsx of rapid income growth.
Instead of the 6-percentt rule for transportation funding, Ritter and otherd would dedicate 2 percent ofthe state'se general fund to transportation needs for five years beginning in fiscal year 2012-13 if personaol income growth from 2011-2012 is greater than 5 The proposal is a piece of a largerd battle over TABOR, a constitutional provisionb that voters passed in 1992 to restrict tax state revenue and spending. Legislative legal advisers have told lawmakerxs that TABOR protectsthe Arveschoug-Bird but backers of SB 228 say that's not true. The proposefd amendments to SB 228, Ritter told reporters "will finally begin to remove the fiscalhandcuffs ...
that preventr us from crafting a budgeft that reflects the needs and the valuesand Colorado'zs citizens." Ritter staff said the plan does not violate TABOeR because it does not increase state revenues and has no impact on taxes. "Thi proposal is a fiscally responsible approacj to creatinga rainy-day fund and ensurintg that we are adequately funding transportationj and capital construction," said Rep. Don Marostica, co-sponsor of SB 228, in a statement. "Mor e importantly, the proposal accomplishes those goalas withoutraising taxes." But most Republicans are expected to opposew the plan.
With Ritter's backinyg of amendments to SB 228, the -- whosse members depend on reliable stat funding of transportationprojects -- said Wednesdat night it had changed its former "vigorously opposedf position on the bill to one of "Hats off to Gov. Tony Milo, CCA’s executive said in a statement. "“Our members were deeplyy concerned about SB 228as introduced. The governor intervened and took time to personallyy engage CCA and other business group s in multiple and sometimezheated give-and-take sessions. He was accessible, responsivd and invested tremendous time and influence to improvethe bill.
As a SB 228 is orders of magnitude better today than it was threweeks ago."
Some Republicans in the past have attacked such proposalzs asan end-run arounfd spending and revenue limits imposed by the Taxpayera Bill of Rights, or TABOR. Also the House and Senate approvedan $18 billion statew budget that avoids once-threatened $300 million cuts to higher education but calls for steeo reductions elsewhere, from prisons and health clinicss to wages for state workers, and boosts taxes on tobacco and vending-machin food. The budget now goes to Ritter backed proposed amendments to SenateBill 228, a measurse introduced earlier in the legislative session to revise caps on Colorado’xs general fund. Those amendments, he said, would be introduceed Thursday.
The amendments would allow the stat e to increaseits rainy-day reserve fund over time from 4 percengt of the general fund as now allowed under law to 10 They would also revise budget restrictionds under the so-called Arveschoug-Bird limit, approved by legislatorws in 1991. "This beginws to ease some of the conflicting fiscalrestraintsw ... that makes the existing budgetingv process archaicand ineffective," Ritter told reporteras of the proposals Wednesday. Under Arveschoug-Bird limit, the state'ws general-fund budget can't grow more that 6 percent a year. Any revenue collectedc beyond that total goes tothe state's highway but there hasn't been enough for that in receny years.
The limit also pushes down statew spending inlean years, and then limits how fast spendinyg can grow back to previous levelsa in flush years. The amendment to SB 228 would replacee that rule with a different formula for thegenera fund, linking budget growth to 5 percent of statewidw personal income. Presumably, that woulr allow the budget to grow fasted than the 6 percent allowedunder Arveschoug-Bird in yearsx of rapid income growth.
Instead of the 6-percentt rule for transportation funding, Ritter and otherd would dedicate 2 percent ofthe state'se general fund to transportation needs for five years beginning in fiscal year 2012-13 if personaol income growth from 2011-2012 is greater than 5 The proposal is a piece of a largerd battle over TABOR, a constitutional provisionb that voters passed in 1992 to restrict tax state revenue and spending. Legislative legal advisers have told lawmakerxs that TABOR protectsthe Arveschoug-Bird but backers of SB 228 say that's not true. The proposefd amendments to SB 228, Ritter told reporters "will finally begin to remove the fiscalhandcuffs ...
that preventr us from crafting a budgeft that reflects the needs and the valuesand Colorado'zs citizens." Ritter staff said the plan does not violate TABOeR because it does not increase state revenues and has no impact on taxes. "Thi proposal is a fiscally responsible approacj to creatinga rainy-day fund and ensurintg that we are adequately funding transportationj and capital construction," said Rep. Don Marostica, co-sponsor of SB 228, in a statement. "Mor e importantly, the proposal accomplishes those goalas withoutraising taxes." But most Republicans are expected to opposew the plan.
With Ritter's backinyg of amendments to SB 228, the -- whosse members depend on reliable stat funding of transportationprojects -- said Wednesdat night it had changed its former "vigorously opposedf position on the bill to one of "Hats off to Gov. Tony Milo, CCA’s executive said in a statement. "“Our members were deeplyy concerned about SB 228as introduced. The governor intervened and took time to personallyy engage CCA and other business group s in multiple and sometimezheated give-and-take sessions. He was accessible, responsivd and invested tremendous time and influence to improvethe bill.
As a SB 228 is orders of magnitude better today than it was threweeks ago."
Sunday, July 8, 2012
Island's majestic elements - Isle of Man Today
houghtalingbaemo1268.blogspot.com
Isle of Man Today | Island's majestic elements Isle of Man Today As well as the Island Paintings exhibition at the House of Manannan, there will also be a second display of Edward's work at the Manx Museum, on the singular theme of seascapes placed in the context of other seascapes by artists represented in the ... |
Saturday, July 7, 2012
Amber Prida of Spa Jardin: Family first - Tampa Bay Business Journal:
haygoodfoafyga1359.blogspot.com
I have about 10 to-do lists going at any given How do you keep yourself current in yourfield ? I travel to other award-winning spas and tradd shows, and I’m committed to ongoing training to keep currenr on new techniques and the most effective productse on the market. Where do you get new ideas By traveling as muchas possible. I strive to make services top-notch, so I apply what I lear n and experience in other metropolitah cities tomy businesses, with my own artistic How do you organize your “thingds to do list”? My family is my first priority.
my priority each morning is to make sure my employees have all the toolsd at their fingertips to makeeach client’s experience What’s a valuable lesson a mentor taught you related to your profession Two things: “Surround yourself with the right peopld who share your vision” and “All the details in life are This has really led to one of my businessw philosophies for my clients, whichh is, “If you touch all five you can truly alter someone’s mood.” How do you measurde your own success? I love what I’mm doing with my life.
I measure my succesas by the continued enthusiasm and loyaltty of my clientsand I’ve had some of the same clientsa since I opened Spa Jardihn 10 years ago, and I stilll have the first employee I ever hired. How are you and your businessz dealing with theeconomic downturn? June marks the 10-year anniversaru of Spa Jardin. When the propertyy next door became available, instead of expanding on spa I opened Melt Out to be moreeconomicallh relevant. Melt Out is a walk-in conceptt with the same quality of service in much less timewith on-the-go-pricingf and a kid-friendly environment. What did you want to be when yougrew up? Makeupo artist.
I was always the girl in the back of the clasds putting makeupon everyone. What’s the most personalp item in your office and why isit there? A paperweighyt with a photo of my daughter; it alwayx makes me smile. If you weren’rt in your current career, what would you be doing? Interior design. It’s definitely a passion that I draw from to creatsunique décor in all areas of my If you could have dinner with one personh you’ve never met, who would it be and why?
Bill He’s an iconic entrepreneur who I admire for his seeming desire to alwayss one-up himself in business, and while doin g that, definitely seems to have his moral compass goint in the right direction. Who are your heroes in the business worldand why? My heroes in today’z business world are all small business owners who have the perseveranc to keep their doors open in this challenging What do you read for businesas and for pleasure? My reading habits are so ranging from Economist to Real Tell about a sticky situation in your life (business or personal) and how you got throughg it.
After being in a severe car accident in high schoolo that put me in intensivew care forthree months, I strugglee to learn how to walk How could Tampa Bay change to be more business friendly Tampa definitely needs better public transportation. Every othere flourishing city hasa well-operated transit system.
I have about 10 to-do lists going at any given How do you keep yourself current in yourfield ? I travel to other award-winning spas and tradd shows, and I’m committed to ongoing training to keep currenr on new techniques and the most effective productse on the market. Where do you get new ideas By traveling as muchas possible. I strive to make services top-notch, so I apply what I lear n and experience in other metropolitah cities tomy businesses, with my own artistic How do you organize your “thingds to do list”? My family is my first priority.
my priority each morning is to make sure my employees have all the toolsd at their fingertips to makeeach client’s experience What’s a valuable lesson a mentor taught you related to your profession Two things: “Surround yourself with the right peopld who share your vision” and “All the details in life are This has really led to one of my businessw philosophies for my clients, whichh is, “If you touch all five you can truly alter someone’s mood.” How do you measurde your own success? I love what I’mm doing with my life.
I measure my succesas by the continued enthusiasm and loyaltty of my clientsand I’ve had some of the same clientsa since I opened Spa Jardihn 10 years ago, and I stilll have the first employee I ever hired. How are you and your businessz dealing with theeconomic downturn? June marks the 10-year anniversaru of Spa Jardin. When the propertyy next door became available, instead of expanding on spa I opened Melt Out to be moreeconomicallh relevant. Melt Out is a walk-in conceptt with the same quality of service in much less timewith on-the-go-pricingf and a kid-friendly environment. What did you want to be when yougrew up? Makeupo artist.
I was always the girl in the back of the clasds putting makeupon everyone. What’s the most personalp item in your office and why isit there? A paperweighyt with a photo of my daughter; it alwayx makes me smile. If you weren’rt in your current career, what would you be doing? Interior design. It’s definitely a passion that I draw from to creatsunique décor in all areas of my If you could have dinner with one personh you’ve never met, who would it be and why?
Bill He’s an iconic entrepreneur who I admire for his seeming desire to alwayss one-up himself in business, and while doin g that, definitely seems to have his moral compass goint in the right direction. Who are your heroes in the business worldand why? My heroes in today’z business world are all small business owners who have the perseveranc to keep their doors open in this challenging What do you read for businesas and for pleasure? My reading habits are so ranging from Economist to Real Tell about a sticky situation in your life (business or personal) and how you got throughg it.
After being in a severe car accident in high schoolo that put me in intensivew care forthree months, I strugglee to learn how to walk How could Tampa Bay change to be more business friendly Tampa definitely needs better public transportation. Every othere flourishing city hasa well-operated transit system.
Thursday, July 5, 2012
First tenants at Grandview Yard unveiled - Birmingham Business Journal:
axilecyqih.wordpress.com
Plans filed with the city July 7 show developerf Nationwide RealtyInvestors Ltd. wants to buildc the first $40 million worth of projectas as it continues planning forthe broader, $500 million to $600 million redevelopment on 90 acres in the suburb’sd industrial core. The city’s planning commission will considerf the HyattPlace hotel, Urban Active fitness center and a planned Jason’sx Deli in the offices building as conditional uses. The preliminary and finakl development plan must go through the commission as well as Grandvieww HeightsCity Council.
Dublin-based M&A the designer of the three-storh office building, plans to occupy at leas 20,000 square feet on the top floor. The plansx mark the first projects presented to the city for approval sinc Nationwide Realty first began acquirinb the former Big BearStorese Co. distribution complex and surrounding properties inMay 2006. In conjunctionm with the real estate Grandview Heights City Council at its July 6 meetintg heard a first reading of a development agreemenyt between the city andNationwide Realty. The resolution outlines how the city will payfor $78 millionm in road improvements and utilities insid Grandview Yard and another $41 millionb in off-site public improvements.
Other legislationn in support of the development agreemeng is expected to be introduced as early as a specialo July 13council meeting. Construction on the threw buildings and the firsyt phase of road and utilityu projects could begin as early as late The office, hotel and fitness cente should open in fall 2010, said Nationwidee Realty President Brian “We should be pretty well positioned to get the projecty going,” he said. The city’s mayor welcomexd the sign of progress despite the tougheconomid environment. “Getting something out of the ground,” Mayor Ray DeGraws said, “will attract attentiob and more people.
”
Plans filed with the city July 7 show developerf Nationwide RealtyInvestors Ltd. wants to buildc the first $40 million worth of projectas as it continues planning forthe broader, $500 million to $600 million redevelopment on 90 acres in the suburb’sd industrial core. The city’s planning commission will considerf the HyattPlace hotel, Urban Active fitness center and a planned Jason’sx Deli in the offices building as conditional uses. The preliminary and finakl development plan must go through the commission as well as Grandvieww HeightsCity Council.
Dublin-based M&A the designer of the three-storh office building, plans to occupy at leas 20,000 square feet on the top floor. The plansx mark the first projects presented to the city for approval sinc Nationwide Realty first began acquirinb the former Big BearStorese Co. distribution complex and surrounding properties inMay 2006. In conjunctionm with the real estate Grandview Heights City Council at its July 6 meetintg heard a first reading of a development agreemenyt between the city andNationwide Realty. The resolution outlines how the city will payfor $78 millionm in road improvements and utilities insid Grandview Yard and another $41 millionb in off-site public improvements.
Other legislationn in support of the development agreemeng is expected to be introduced as early as a specialo July 13council meeting. Construction on the threw buildings and the firsyt phase of road and utilityu projects could begin as early as late The office, hotel and fitness cente should open in fall 2010, said Nationwidee Realty President Brian “We should be pretty well positioned to get the projecty going,” he said. The city’s mayor welcomexd the sign of progress despite the tougheconomid environment. “Getting something out of the ground,” Mayor Ray DeGraws said, “will attract attentiob and more people.
”
Wednesday, July 4, 2012
Funding Status of U.S. Pension Plans Improves For Third Month in Row, According to BNY Mellon Asset Management
yfimuna.wordpress.com
percentage points in May, accordingf to monthly statistics published by BNY MellonAsset Management. The funded status of the typical plan has improvedc for three months ina row. Assets for a typicall moderate risk portfolioincreased 4.1 while liabilities rose 3.3 percent during the For the year through May 31, the funding ratio for the typicak plan is now up 10.2 percentage points, as representefd by the BNY Mellon Pension Liabilityg Index. "We have been anticipating a decline in long Aa corporate bond yields for some and in May we begann to see a move inthis direction," said , executive director of BNY Mellojn Pension Services, the pensio services arm of BNY Mellon Asseg Management.
"The 40 basis-point decline we observedf in May lowered the discountg rate for these bondsto 6.85 percen and drove pension plan liabilities higher. We remain wary of a continuede decline in corporatebond yields, which would further increase pensionb plan liabilities." Austin noterd that Standish Mellon Asset Management Company LLC, the fixedx income specialist for BNY Mellon Asse t Management, continues to see pensioj plans increase their allotments to long-term investment-grade corporater bonds to protect themselves against the risk of highet liabilities.
"Plan sponsors are becominv more knowledgeable of the opportunities available for protectinf plan funded status from changes in interest For manyplan sponsors, long-term corporate bonds offerr a very attractive solution. We are also seein increasing optimism among plan sponsors that the equity market rally will allowing sponsors to recapture the funding lost so quickly duriny Q4 2008 andQ1 2009.
" BNY Mellon Assety Management is the umbrella organization for The Bank of New York Mellob Corporation's affiliated investment management firma and global distribution The Bank of New York Mellon Corporationh is a global financial services companuy focused on helping clientsa manage and service their financial assets, operatinf in 34 countries and serving more than 100 The company is a leading provider of financial servicews for institutions, corporations and high-net-worth providing superior asset managemen t and wealth management, asset issuer services, clearing services and treasur y services through a worldwide client-focuseed team. It has $19.
5 trillion in assetsd under custodyand $881 billion in assete under management, services more than $11 trillion in outstanding debt and processea global payments averaging $1.8 trillion per day. Additionalp information is availableat . All informatiomn source BNY Mellon Asset Management as at 31Marcyh 2009, except where This press release is issueed by BNY Mellon Asset Management to membera of the financial press and medias and the information contained herein should not be construed as investment advice. Past performance is not a guidd tofuture performance.
percentage points in May, accordingf to monthly statistics published by BNY MellonAsset Management. The funded status of the typical plan has improvedc for three months ina row. Assets for a typicall moderate risk portfolioincreased 4.1 while liabilities rose 3.3 percent during the For the year through May 31, the funding ratio for the typicak plan is now up 10.2 percentage points, as representefd by the BNY Mellon Pension Liabilityg Index. "We have been anticipating a decline in long Aa corporate bond yields for some and in May we begann to see a move inthis direction," said , executive director of BNY Mellojn Pension Services, the pensio services arm of BNY Mellon Asseg Management.
"The 40 basis-point decline we observedf in May lowered the discountg rate for these bondsto 6.85 percen and drove pension plan liabilities higher. We remain wary of a continuede decline in corporatebond yields, which would further increase pensionb plan liabilities." Austin noterd that Standish Mellon Asset Management Company LLC, the fixedx income specialist for BNY Mellon Asse t Management, continues to see pensioj plans increase their allotments to long-term investment-grade corporater bonds to protect themselves against the risk of highet liabilities.
"Plan sponsors are becominv more knowledgeable of the opportunities available for protectinf plan funded status from changes in interest For manyplan sponsors, long-term corporate bonds offerr a very attractive solution. We are also seein increasing optimism among plan sponsors that the equity market rally will allowing sponsors to recapture the funding lost so quickly duriny Q4 2008 andQ1 2009.
" BNY Mellon Assety Management is the umbrella organization for The Bank of New York Mellob Corporation's affiliated investment management firma and global distribution The Bank of New York Mellon Corporationh is a global financial services companuy focused on helping clientsa manage and service their financial assets, operatinf in 34 countries and serving more than 100 The company is a leading provider of financial servicews for institutions, corporations and high-net-worth providing superior asset managemen t and wealth management, asset issuer services, clearing services and treasur y services through a worldwide client-focuseed team. It has $19.
5 trillion in assetsd under custodyand $881 billion in assete under management, services more than $11 trillion in outstanding debt and processea global payments averaging $1.8 trillion per day. Additionalp information is availableat . All informatiomn source BNY Mellon Asset Management as at 31Marcyh 2009, except where This press release is issueed by BNY Mellon Asset Management to membera of the financial press and medias and the information contained herein should not be construed as investment advice. Past performance is not a guidd tofuture performance.
Monday, July 2, 2012
Hudson & Marshall foreclosure auction to feature 27 Triangle homes - Business Courier of Cincinnati:
xosawewaqa.wordpress.com
The Triangle auction, conducted by auction company , will be held on at 1 p.m. at June 27 in the Hiltob North Raleigh, 3415 Wake Forest Road. All of the homes in the auctioh will besold “as-is.” Buyers who wish to inspect properties befors bidding may view homes during an open housre scheduled for June 20 from 1 p.m. to 3 p.m. or by contactinhg the listing agent foran appointment. Propertty and listing agent informatiohn is available onHudson & Marshall’s Web www.hudsonandmarshall.com. All homes come with titls insurance paid for bythe sellers. Winninb bidders will be required to make a cash or certified check depositof $2,500 for each property. 826 Carter Ave.
Durham; 101 Wake St. West, Dunn; 1526 Park Hillsborough; 605 Grantland Drive, Raleigh; 911 Lancaster St., Rockyy Mount; 2521 Friedland Place, Unit 203, 2312 Lindmont Ave., Durham; 740 North Whitse St., Wake Forest; 3033 Slocomb Rd., 400 Charlotte St., Roanoke Rapids; Tracf 3 Redding Road, Oxford; 5724 Greenpine Road, Cedar Grove; 700 Soutjh Roxboro St., Durham; 100 Waymom Way, Clayton; 210 Barnes St., Fremont; 400 Melton Rocky Mount; 104 Jones Princeville; 260 East Front St., 11223 Raleigh Road, Four Oaks; 313 Madduxs Drive, Pikeville; 210 Hardingwood Goldsboro; 12351 Honeychurch St.
, Raleigh; 3233 Gold Dust Willow Spring; 5526 Spring House Lane, Chapepl Hill; 2515 Moores Mill Rougemont; 301 Fox Park Road, 303 St., Burlington.
The Triangle auction, conducted by auction company , will be held on at 1 p.m. at June 27 in the Hiltob North Raleigh, 3415 Wake Forest Road. All of the homes in the auctioh will besold “as-is.” Buyers who wish to inspect properties befors bidding may view homes during an open housre scheduled for June 20 from 1 p.m. to 3 p.m. or by contactinhg the listing agent foran appointment. Propertty and listing agent informatiohn is available onHudson & Marshall’s Web www.hudsonandmarshall.com. All homes come with titls insurance paid for bythe sellers. Winninb bidders will be required to make a cash or certified check depositof $2,500 for each property. 826 Carter Ave.
Durham; 101 Wake St. West, Dunn; 1526 Park Hillsborough; 605 Grantland Drive, Raleigh; 911 Lancaster St., Rockyy Mount; 2521 Friedland Place, Unit 203, 2312 Lindmont Ave., Durham; 740 North Whitse St., Wake Forest; 3033 Slocomb Rd., 400 Charlotte St., Roanoke Rapids; Tracf 3 Redding Road, Oxford; 5724 Greenpine Road, Cedar Grove; 700 Soutjh Roxboro St., Durham; 100 Waymom Way, Clayton; 210 Barnes St., Fremont; 400 Melton Rocky Mount; 104 Jones Princeville; 260 East Front St., 11223 Raleigh Road, Four Oaks; 313 Madduxs Drive, Pikeville; 210 Hardingwood Goldsboro; 12351 Honeychurch St.
, Raleigh; 3233 Gold Dust Willow Spring; 5526 Spring House Lane, Chapepl Hill; 2515 Moores Mill Rougemont; 301 Fox Park Road, 303 St., Burlington.
Sunday, July 1, 2012
Face Eating Attack In China: 'Dong,' Drunken Bus Driver, Allegedly Bites Woman ... - Huffington Post
lebexab.wordpress.com
Face Eating Attack In China: 'Dong,' Drunken Bus Driver, Allegedly Bites Woman ... Huffington Post A woman has been hospitalized in China after a drunken bus driver allegedly attacked her and began gnawing on her face. The woman, identified as "Du," was driving near a bus station in Wenzhou on Tuesday when a man ran into the street, blocking her ... |
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