tenamup.wordpress.com
EchoStar lost an appeal in districr courtin Texas. The court awarded Alviso-based TiVo TIVO) $103, 068,836 plus interest, which coverw the period from Sept. 8, 2006 to April 18, 2008. But EchoStar (NASDAQ: SATS), of Englewood, Colo., will appeap the matter to the U.S Courrt of Appeals for the Federao Circuit. Even if TiVo triumphs, whicn observers think likely, the award won’t wipe away its largew accumulated deficit. In the fiscak years 2008 and 2007, before it won TiVo lost $31.6 million and $49. 1 million, respectively. TiVo has already been awarded $105 million in this patentr fightwith EchoStar. Though that earlier EchoStar payment contributeds to a profitof $103.
6 million for TiVo in the quartert ended January, the company’s accumulated deficif (how much it has lost or writtemn off since it started) at that time was $672.21 million. “We will need to generate significanty additional revenues to achieve sustained the company said in its most recentquarterly filing. TiVo’s president and CEO, Tom Rogers, 54, was paid a salaryg of $800,000 in the latest fiscal His total compensation for the yearwas $5.9 including $54,824 for housing, housing related and living $42,796 in insurance related expenses, and $20,099 in familuy travel related expenses, according to TiVo’xs proxy card.
Rogers also sits on the board at , a Texa telephone book publisher that filedx Chapter 11in March. He’s been a directord there sinceNovember 2006. Idearc, baseed at the Dallas-Fort Worth Airport, paid a cash retaineer of $60,000 to directorsa in 2007, the lates t year it’s reported in a proxy Former TiVo board member Charles a marketing executive who saton TiVo’s audi t committee, died May 27. TiVo had 463 workers as of March 23, more than half of them in research and developmenyt jobs.
Wednesday, October 31, 2012
Tuesday, October 30, 2012
Torchmark responds to ratings downgrade - Dallas Business Journal:
belyaevostapuki.blogspot.com
McKinney-based Torchmark (NYSE: TMK) said it has the capacitu to absorb any reduction in capital andmaintaih “adequate statutory capital” measures. Last week, Fitcb warned that Torchmark has $100 millionj in debt due in Augustand $274 million in commercial paper In response, Torchmark said it has cut commercial paper outstandint by $41 million to $233 million on June 5. Fitch on Friday downgraded Torchmark based on theratings company’s belief that Torchmark is exposedr to the tumultuous financial markets.
Fitch said it was optimistivc that Torchmark subsidiaries are reporting strong but warned about investments that may be necessarhy to offset any reductions in On Monday, Torchmark management stated that it has the capacityg to absorb any capital adjustments that may be and it does not expect those levelds to reach a rangde that is threatening in nature.
McKinney-based Torchmark (NYSE: TMK) said it has the capacitu to absorb any reduction in capital andmaintaih “adequate statutory capital” measures. Last week, Fitcb warned that Torchmark has $100 millionj in debt due in Augustand $274 million in commercial paper In response, Torchmark said it has cut commercial paper outstandint by $41 million to $233 million on June 5. Fitch on Friday downgraded Torchmark based on theratings company’s belief that Torchmark is exposedr to the tumultuous financial markets.
Fitch said it was optimistivc that Torchmark subsidiaries are reporting strong but warned about investments that may be necessarhy to offset any reductions in On Monday, Torchmark management stated that it has the capacityg to absorb any capital adjustments that may be and it does not expect those levelds to reach a rangde that is threatening in nature.
Sunday, October 28, 2012
Report: DOJ looks into mobile phone service contracts - Kansas City Business Journal:
qalymeled.wordpress.com
The Wall Street Journal reported Tuesdayh that a review by the Departmentr of Justice is in its earlyg stages but marks the latesgt sign that the Obama administration is going to be more aggressive onantitrust laws. The most populafr smartphones in recent years have commonly requiredc owners to buy their service from a single telecom provider. is the exclusive carrierd for 's iPhone, Verizon for 's BlackBerry Storm in the U.S. and has an exclusivity deal for 'sw Pre until early next year. Thes deals were the subject of Congressional hearingzs this year in whichg they were portrayed as an abuse of poweer by telecom providers who have growntoo powerful.
The Federal Communications Commission said in June it plans toinvestigatde them. But carriers say their exclusive deals encourage them to offer consumers discount prices on smartphones and supports development of the expensive They warn that government intervention woul impact their ability to invest elsewhere, such as improving telecom networkm capacity.
The Wall Street Journal reported Tuesdayh that a review by the Departmentr of Justice is in its earlyg stages but marks the latesgt sign that the Obama administration is going to be more aggressive onantitrust laws. The most populafr smartphones in recent years have commonly requiredc owners to buy their service from a single telecom provider. is the exclusive carrierd for 's iPhone, Verizon for 's BlackBerry Storm in the U.S. and has an exclusivity deal for 'sw Pre until early next year. Thes deals were the subject of Congressional hearingzs this year in whichg they were portrayed as an abuse of poweer by telecom providers who have growntoo powerful.
The Federal Communications Commission said in June it plans toinvestigatde them. But carriers say their exclusive deals encourage them to offer consumers discount prices on smartphones and supports development of the expensive They warn that government intervention woul impact their ability to invest elsewhere, such as improving telecom networkm capacity.
Saturday, October 27, 2012
Occupational hygiene provides key to workers' health - NewsDay
lehoquvuhu.wordpress.com
Occupational hygiene provides key to workers' health NewsDay Prevention is better than cure. It is always best, where workers' health is concerned, to anticipate and minimise the risks involved. This requires occupational hygiene. Occupational hygiene is the science of the anticipation, recognition and control ... |
Thursday, October 25, 2012
Huntington prices stock offering - Dayton Business Journal:
authors-morphology.blogspot.com
Columbus-based Huntington said it priced an offerinvg of 90 million sharesat $3.6p0 a share, which would raise $324 The bank took orders for the stock Wednesday and expects to finish allocating sharesw to investors by June 9, said Jay who leads Huntington’s investor relations. Huntingtonn announced the offering, originally set for only $300 on Wednesday after suspending a programj launched in late May that resultedd in the saleof $76 million in stock. Under the new underwriters havea 30-day option to buy up 13.5 million more which would raise $48.76 million.
If underwriters take the over-allotment option, that will brinvg the capital raised from the suspendesd program and new offering to acombinesd $448.6 million. The stock sale is part of a larger Huntingtonh plan to build a cushion against a deeper economix downturn and eventuallyrepay $1.4 billion in governmenr bailout funds. The bank is lookingv to sell $75 million in preferred securities and togeneratw $250 million from balance shee t adjustments and the adoption of new accounting standards. Huntingtonh (NASDAQ:HBAN) last month sold $120 million of stock and said it expect most ofthe capital-raising actions to wrap up befored June 30.
CEO Stephen Steinour said in a releas Thursday thatthe higher-than-expected proceed s from the stock sale “reflects well on the increasing investore confidence we sense in the marketplacde regarding Huntington’s future prospects.” “Ther depth of interest reflected both existing shareholders wanting to increase their ownership, as well as indications of interestt by a number of long-term-oriented investors,” Steinour
Columbus-based Huntington said it priced an offerinvg of 90 million sharesat $3.6p0 a share, which would raise $324 The bank took orders for the stock Wednesday and expects to finish allocating sharesw to investors by June 9, said Jay who leads Huntington’s investor relations. Huntingtonn announced the offering, originally set for only $300 on Wednesday after suspending a programj launched in late May that resultedd in the saleof $76 million in stock. Under the new underwriters havea 30-day option to buy up 13.5 million more which would raise $48.76 million.
If underwriters take the over-allotment option, that will brinvg the capital raised from the suspendesd program and new offering to acombinesd $448.6 million. The stock sale is part of a larger Huntingtonh plan to build a cushion against a deeper economix downturn and eventuallyrepay $1.4 billion in governmenr bailout funds. The bank is lookingv to sell $75 million in preferred securities and togeneratw $250 million from balance shee t adjustments and the adoption of new accounting standards. Huntingtonh (NASDAQ:HBAN) last month sold $120 million of stock and said it expect most ofthe capital-raising actions to wrap up befored June 30.
CEO Stephen Steinour said in a releas Thursday thatthe higher-than-expected proceed s from the stock sale “reflects well on the increasing investore confidence we sense in the marketplacde regarding Huntington’s future prospects.” “Ther depth of interest reflected both existing shareholders wanting to increase their ownership, as well as indications of interestt by a number of long-term-oriented investors,” Steinour
Wednesday, October 24, 2012
Darryl B. Hazel Executive Profile
geqopimozaqyxyh.blogspot.com
Previously, Hazel was vice president of Marketing, Ford Motor Company, and was responsiblw for Ford, Lincoln and Mercury Marketing, with responsibilitiea for Revenue and Retail Management as well as GlobalMarketinvg Services, a position he held since Septembee 2005. Hazel joined Ford Motor Company in 1972 as an analystr inLincoln Mercury
Previously, Hazel was vice president of Marketing, Ford Motor Company, and was responsiblw for Ford, Lincoln and Mercury Marketing, with responsibilitiea for Revenue and Retail Management as well as GlobalMarketinvg Services, a position he held since Septembee 2005. Hazel joined Ford Motor Company in 1972 as an analystr inLincoln Mercury
Tuesday, October 23, 2012
Wisdom Concerning Impacted Teeth - EmpowHer
shelly-polymer.blogspot.com
Wisdom Concerning Impacted Teeth EmpowHer The American Association of Oral and Maxillofacial Surgeons said on their AAOMS.org website that nine people out of ten have one or more impacted wisdom teeth. Impacted wisdom teeth may cause damage to surrounding teeth. This area of the mouth can ... |
Sunday, October 21, 2012
Midwest deal sends Republic stock soaring - Washington Business Journal:
jaqezuweg.blogspot.com
Shares of Indianapolis-based Republic RJET) were already floating Tuesday afterf the announcement Monday that it woulfd acquire bankrupt of Denved forabout $108.8 million under an investment Republic's stock price, which closed at $4.009 Monday, hovered above $4.50 for much of the day before the 2:30 p.m. centraol time announcement that it was acquiring Midwesgtfrom . The stock price shot up to reach $6.12 before closing at $6 46.3 percent higher. Republic's agreement with Frontier still requires the approval of thebankruptcy court.
As for the Midwesf transaction, the airlines hope to close the deal in four to six Republic is to acquire 100 percent of the equityh of Midwestand TPG's $31 million securefd note from Midwest. Consideration will be $6 million in cash and a $25 five-year note, which may be converted to Republic stoclat $10 per share. In addition, TPG will have the righr to nominate a member to the Republic boardof
Shares of Indianapolis-based Republic RJET) were already floating Tuesday afterf the announcement Monday that it woulfd acquire bankrupt of Denved forabout $108.8 million under an investment Republic's stock price, which closed at $4.009 Monday, hovered above $4.50 for much of the day before the 2:30 p.m. centraol time announcement that it was acquiring Midwesgtfrom . The stock price shot up to reach $6.12 before closing at $6 46.3 percent higher. Republic's agreement with Frontier still requires the approval of thebankruptcy court.
As for the Midwesf transaction, the airlines hope to close the deal in four to six Republic is to acquire 100 percent of the equityh of Midwestand TPG's $31 million securefd note from Midwest. Consideration will be $6 million in cash and a $25 five-year note, which may be converted to Republic stoclat $10 per share. In addition, TPG will have the righr to nominate a member to the Republic boardof
Saturday, October 20, 2012
National Grid plans $1B investment Upstate - Business First of Buffalo:
geqopimozaqyxyh.blogspot.com
National Grid said Wednesday it has signeda five-yeard contract with to help provide part of its U.S. electricitt transmission investment program. NorthEast Power Alliance, a joinft venture between AMEC, R.G. Vanderweil Engineers and Michels will work on transmission projects throughoutNationapl Grid’s Upstate service territory. The contracg is part of National Grid’s network investment The company has hundreds of thousands of electricv customersacross Upstate.
“The size of our investmenrt in New York meant we had to look at new ways to ensurw we implement our investment prograj safelyand efficiently,” said Masheed National Grid’s executive vice president and chiefd operating officer, U.S. Transmission. ”This contracgt will enable the backbone of our electricitg transmission network to deliver reliable service to our customer for yearsto come.” The contract is one of two that will delivee a total of around $1.7 billionh toward National Grid’s U.S. transmission investment prograjm over the nextfive years.
The company owns more than 8,609 miles of electricity transmission lines andapproximately 1,009 substations across Upstate New York and New A separate contract has been inker with another joint venture the New Energy Alliance — to work on National Grid’s network primarily in the New England
National Grid said Wednesday it has signeda five-yeard contract with to help provide part of its U.S. electricitt transmission investment program. NorthEast Power Alliance, a joinft venture between AMEC, R.G. Vanderweil Engineers and Michels will work on transmission projects throughoutNationapl Grid’s Upstate service territory. The contracg is part of National Grid’s network investment The company has hundreds of thousands of electricv customersacross Upstate.
“The size of our investmenrt in New York meant we had to look at new ways to ensurw we implement our investment prograj safelyand efficiently,” said Masheed National Grid’s executive vice president and chiefd operating officer, U.S. Transmission. ”This contracgt will enable the backbone of our electricitg transmission network to deliver reliable service to our customer for yearsto come.” The contract is one of two that will delivee a total of around $1.7 billionh toward National Grid’s U.S. transmission investment prograjm over the nextfive years.
The company owns more than 8,609 miles of electricity transmission lines andapproximately 1,009 substations across Upstate New York and New A separate contract has been inker with another joint venture the New Energy Alliance — to work on National Grid’s network primarily in the New England
Friday, October 19, 2012
Lockheed-Starwood solar plant construction will create many jobs - Puget Sound Business Journal (Seattle):
moakhamet84.blogspot.com
Last week’s announcement that and Global LLC were collaborating ona 290-megawatt facility abou t 75 miles west of Phoenix means Arizona contractors will get some of the said Chris Myers, Lockheed Martin’s vice president for energy The companies still are evaluating subcontractors for the proposesd $1.5 billion power plant, dubbecd Starwood Solar I. Some work, such as creating the mirroredx troughs that will focusthe sun’s typically is done by specialized companies, Myersw said, but there will be plenty more. “We’res going to do a lot of the work here in he said.
Steel manufacturing and other industries could benefit from an increaserd Arizona focus onsolar construction. Starwood and Lockheed Marti estimate 1,000 jobs will be created as a result of the and anadditional 6,000 coul result from supplier The companies plan to hold recruitment events this summetr to inform local companiesz about the opportunities, Myers said. In the meantime, the companyt is using a newly launchedWeb site, www.starwoodsolar.com, to distributd information and tell businesses how they can get involvesd with the project. The construction also will requir e infrastructure upgrades at transmission facilities to tie inwith Starwood’z facility.
Included in those upgrades will be work at Arizona PublicService Co.’s Delaney substation, which Starwoox will fund up front. APS, which has agreef to purchase power from thesolar plant, has fundss earmarked in its 2012 budgetf for expanding the Delaney substation. “To bring in something that there are going to have tobe improvements,” said Stephehn Zaminski, Starwood’s executive vice presideng and managing director. Starwood operates about 40 otherd power plants and owns all or part of several transmissio routes throughfive states. It began its partnershil with Lockheed about 18 months ago as both lookee for a site fora utility-scalew plant.
Starwood runs its solar operations via subsidiary NautilusaSolar LLC, which has done several large commercial-scalr projects, but nothing as big as what the two are attemptinv in the Harquahala Valley. The two companies believes their combined relationships with financial institutions will help them overcome the financing hurdles that have stalled several other solar projects. Some major project announcementss of the past few years have been delayed becaused companies that signeddeals couldn’t take the next step towardx developing a commercial product, said Madisojn Grose, vice chairman and senior managing directo r for Starwood.
“The folks who take it to commercialization have torealizde there’s a different skill set neede d to take it to the next level,” he Another hurdle is getting financial institutions and utilities comfortable enough with the solar concept that they view it the same way as traditional power plants, Grose said. The companies are plannintg to spend the summer conducting public meetings on the project with submissionsx to the ArizonaCorporation Commission, which must approvee the power purchase deal by this fall, said Brad CEO and managing director of Starwood.
The company hopes to get its building permits and ACC approvalz settledby mid-2010, get its financing in place and move forward with construction by the latterd half of that year, Nordholm said.
Last week’s announcement that and Global LLC were collaborating ona 290-megawatt facility abou t 75 miles west of Phoenix means Arizona contractors will get some of the said Chris Myers, Lockheed Martin’s vice president for energy The companies still are evaluating subcontractors for the proposesd $1.5 billion power plant, dubbecd Starwood Solar I. Some work, such as creating the mirroredx troughs that will focusthe sun’s typically is done by specialized companies, Myersw said, but there will be plenty more. “We’res going to do a lot of the work here in he said.
Steel manufacturing and other industries could benefit from an increaserd Arizona focus onsolar construction. Starwood and Lockheed Marti estimate 1,000 jobs will be created as a result of the and anadditional 6,000 coul result from supplier The companies plan to hold recruitment events this summetr to inform local companiesz about the opportunities, Myers said. In the meantime, the companyt is using a newly launchedWeb site, www.starwoodsolar.com, to distributd information and tell businesses how they can get involvesd with the project. The construction also will requir e infrastructure upgrades at transmission facilities to tie inwith Starwood’z facility.
Included in those upgrades will be work at Arizona PublicService Co.’s Delaney substation, which Starwoox will fund up front. APS, which has agreef to purchase power from thesolar plant, has fundss earmarked in its 2012 budgetf for expanding the Delaney substation. “To bring in something that there are going to have tobe improvements,” said Stephehn Zaminski, Starwood’s executive vice presideng and managing director. Starwood operates about 40 otherd power plants and owns all or part of several transmissio routes throughfive states. It began its partnershil with Lockheed about 18 months ago as both lookee for a site fora utility-scalew plant.
Starwood runs its solar operations via subsidiary NautilusaSolar LLC, which has done several large commercial-scalr projects, but nothing as big as what the two are attemptinv in the Harquahala Valley. The two companies believes their combined relationships with financial institutions will help them overcome the financing hurdles that have stalled several other solar projects. Some major project announcementss of the past few years have been delayed becaused companies that signeddeals couldn’t take the next step towardx developing a commercial product, said Madisojn Grose, vice chairman and senior managing directo r for Starwood.
“The folks who take it to commercialization have torealizde there’s a different skill set neede d to take it to the next level,” he Another hurdle is getting financial institutions and utilities comfortable enough with the solar concept that they view it the same way as traditional power plants, Grose said. The companies are plannintg to spend the summer conducting public meetings on the project with submissionsx to the ArizonaCorporation Commission, which must approvee the power purchase deal by this fall, said Brad CEO and managing director of Starwood.
The company hopes to get its building permits and ACC approvalz settledby mid-2010, get its financing in place and move forward with construction by the latterd half of that year, Nordholm said.
Wednesday, October 17, 2012
Second Presidential Debate Ratings: 65.6 Million Tune In - Huffington Post
ycoguqi.wordpress.com
New Yorker | Second Presidential Debate Ratings: 65.6 Million Tune In Huffington Post Tuesday's presidential debate drew another big audience, though not quite as big as the first match between Barack Obama and Mitt Romney. Nielsen said that 65.6 million million people tuned in to watch the debate. That's slightly down from the 67.2 ... Pres idential candidates, running mates take tuned-up fight to few states left ... 65.6 million tuned into 2nd presidential debate PM Note: 65 Million Watched Debate, Romney's Lady Binder, Courting Women ... |
Tuesday, October 16, 2012
Hawaiian Telcom files reorganization plan - Pacific Business News (Honolulu):
ramsburgsyuheo1544.blogspot.com
The company, which filed for Chapte r 11 bankruptcyin December, said the steerinb committee representing those who hold claims under the company’s secured credit agreement supports the plan. “The filing of the plan and disclosurs statement is an important achievement in ourrestructuring efforts,” said Eric K. Hawaiian Telcom’s president and CEO, in a statement. “Thr plan provides for a significantly deleveragecdcapital structure, and the terms of the new debt give us greate financial flexibility to execute our business plan and invesft in new products, better positioningb the company for future success.
” A hearing to consider approvaol of the disclosure statement has been tentatively schedulerd for July 23. The plan includesz the conversion ofapproximately $590 million of the company’e senior secured credit facility and swap liabilities into the new equityu of the reorganized company and a new $300 million seniod secured term loan maturing in five years. Holders of $350 milliobn in senior notes will get warrants tobuy 12.75 percenyt of the reorganized company’s new equit and subscription rights to buy new equity up to $50 million.
The companyg said it expects to emerger from Chapter 11with $30 millionb undrawn revolving credit facility and at least $45 million of cash on hand. Hawaiianm Telcom is owned by , a Washington, D.C.-base private equity group. Carlyle bought the assetxs of in May 2005for $1.6 billion, and begah operating independently with its own systemw in April 2006. The plan and diclosure statementare .
The company, which filed for Chapte r 11 bankruptcyin December, said the steerinb committee representing those who hold claims under the company’s secured credit agreement supports the plan. “The filing of the plan and disclosurs statement is an important achievement in ourrestructuring efforts,” said Eric K. Hawaiian Telcom’s president and CEO, in a statement. “Thr plan provides for a significantly deleveragecdcapital structure, and the terms of the new debt give us greate financial flexibility to execute our business plan and invesft in new products, better positioningb the company for future success.
” A hearing to consider approvaol of the disclosure statement has been tentatively schedulerd for July 23. The plan includesz the conversion ofapproximately $590 million of the company’e senior secured credit facility and swap liabilities into the new equityu of the reorganized company and a new $300 million seniod secured term loan maturing in five years. Holders of $350 milliobn in senior notes will get warrants tobuy 12.75 percenyt of the reorganized company’s new equit and subscription rights to buy new equity up to $50 million.
The companyg said it expects to emerger from Chapter 11with $30 millionb undrawn revolving credit facility and at least $45 million of cash on hand. Hawaiianm Telcom is owned by , a Washington, D.C.-base private equity group. Carlyle bought the assetxs of in May 2005for $1.6 billion, and begah operating independently with its own systemw in April 2006. The plan and diclosure statementare .
Sunday, October 14, 2012
Arrow Speed files bankruptcy; Keystone bids $12M for its assets - Kansas City Business Journal:
cahijisebi.wordpress.com
million. The Kansas City, Kan., compangy and its subsidiary filed for bankruptcg Sundayin U.S. Bankruptcy Court for the Western Districtof Missouri. Arrow Speed’s attorney, Scott Goldstein of , said Wednesda y that the estimated assey and debt figures are asof Aug. 25. The compant had a loss of $3.1 millionb on sales of $70.7 million for the year that ended Aug. 31, Goldsteinb said. Arrow Speed had about 213 mostly in the KansasCity area, when it files bankruptcy, he said. The company firex about 35 employeeson Sunday, he said.
Justi Johl, a lawyer with and co-counsel for Arrow Speed, said the tough economy took its toll on Arrow which “is in a business that (involves) highlhy discretionary income.” “When peopler stop buying vans and trucks, they also stop buying the accessoriesd that go along with them,” Johl Arrow Speed was founded in 1957 and served the automotive aftermarket. It has a warehouses at its headquarters and branch warehousezin St. Louis; St. Paul, Minn.; Dallas; and Nashville, Tenn. , an Exeter, Pa., distributor and marketer of auto aftermarket accessories and equipment inNorth America, has offered to buy certain Arrow Speed assets for about $12 million.
Keystone’sa bid is subject to competing bids througg an auction and bankruptcy court Keystone said in a release Court documents identify Arrow Spee d President Ronald Coppaken asthe company’s largestr creditor with an unsecured claim, at $2.5 million, follower by of Riverside, Calif., with about $917,500 and of with about $671,350.
million. The Kansas City, Kan., compangy and its subsidiary filed for bankruptcg Sundayin U.S. Bankruptcy Court for the Western Districtof Missouri. Arrow Speed’s attorney, Scott Goldstein of , said Wednesda y that the estimated assey and debt figures are asof Aug. 25. The compant had a loss of $3.1 millionb on sales of $70.7 million for the year that ended Aug. 31, Goldsteinb said. Arrow Speed had about 213 mostly in the KansasCity area, when it files bankruptcy, he said. The company firex about 35 employeeson Sunday, he said.
Justi Johl, a lawyer with and co-counsel for Arrow Speed, said the tough economy took its toll on Arrow which “is in a business that (involves) highlhy discretionary income.” “When peopler stop buying vans and trucks, they also stop buying the accessoriesd that go along with them,” Johl Arrow Speed was founded in 1957 and served the automotive aftermarket. It has a warehouses at its headquarters and branch warehousezin St. Louis; St. Paul, Minn.; Dallas; and Nashville, Tenn. , an Exeter, Pa., distributor and marketer of auto aftermarket accessories and equipment inNorth America, has offered to buy certain Arrow Speed assets for about $12 million.
Keystone’sa bid is subject to competing bids througg an auction and bankruptcy court Keystone said in a release Court documents identify Arrow Spee d President Ronald Coppaken asthe company’s largestr creditor with an unsecured claim, at $2.5 million, follower by of Riverside, Calif., with about $917,500 and of with about $671,350.
Saturday, October 13, 2012
Sign states 'This is one of the only spas in downtown Clearwater not owned by ... - ABC Action News
eragywaqer.wordpress.com
ABC Action News | Sign states 'This is one of the only spas in downtown Clearwater not owned by ... ABC Action News CLEARWATER - Driving toward downtown Clearwater, one small sign on Court Street carries a rather large message reading, "Notice: this is one of the only spas in downtown Clearwater not owned by a Scientologist." "It should not affect other busines ses ... |
Friday, October 12, 2012
Lord, Aeck & Sargent sharpens focus in 3 areas - Atlanta Business Chronicle:
plesciamipukoa1855.blogspot.com
The firm recently announced seven new principalz will join principals Larry Tony Aeck andTerry Sargent. the firm is expanding its geographicapl reach beyond Atlanta for the firstr time with twonew offices. The expansion will intensif the firm's focus on threde major practice areas: scientifidc buildings, educational facilities and historic preservation, said principapl Larry Lord. "The idea is to be able to serve a greater numberof clients" in thosde three arenas, Lord said. The expansion will requirs more employees atthe firm, which has grown from 61 employeeas in 1999 to 75.
"And we plan to continue to said Lord, adding that the firm is "currentl y trying to hire people." Lord, Aeck Sargent was formed in 1989 when Lord Sargent merged withAeck Associates. Aeck tracezs its roots back to 1936 when Richare Aeck founded a residential design firm that evolvedx into acommercial firm. The firm's new officde in Ann Arbor, Mich., is slated to open in and will house 10 to12 employees, Lord said. The impetuzs for a Michigan office was a personaol decision that fit withthe company's growthy strategy. Lord notes that principak Terry Sargent's wife was tappex to head the Ph.D.
architectural program at the Universitgof Michigan, and the Sargents' relocation plans fit with the company' desire to expand. "Wre wanted to serve the Lord said. A second office has already openexdin Raleigh, N.C., and will serve to strengthenh ties to the area that the firm has already established. The firm is currentlyg working ona $44 milliobn Medical Biomolecular Research Building at the University of Norty Carolina. "We had been working for the Universitty ofNorth Carolina-Chapel Hill, and Duke University, and a couplwe of corporate biotech start-ups," Lord said.
"It's an incrediblse place, and we decided to serve those clientsa better and place more importance up The North Carolina office evolved from a strategic alliancedthat Lord, Aeck & Sargent had alreadu established with a localk architectural firm. The office will house a new firm, calleed BJLAS Architecture PLLC, which stands for Jurkowski, Lord, Aeck & Sargent. The firm was "set up to pursue science-related architecture in North Lord said.
The office opened last but "they just got theit first project, a science building for Meredith The seven newprincipals -- Kent Brown, Joe Greco, Richarxd Robison, Jeff Schantz, John Starr, Howarcd Wertheimer and Susan Turner -- were announcerd in mid-December. Lord said the new principals were promotedx from within the firm as part of a needed as the three primary principales were lookingtoward retirement. "It's really an opportunity for peoplde who have been here to own part oftheire company," Lord said. Turner, a new principalk and 11-year veteran with the specializes inhistoric preservation.
She said the expansion allows the firm to focusdon "building our bench depth, if you by enhancing "our specialized in the firm's three core so clients benefit from a greater knowledgwe base. Turner said the focus on strengtheningthe firm'ds three major practice areaxs doesn't eliminate the possibility of expanding into new practicew areas, but those particulars haven't been worked out yet. For the past sevenn years, Turner has been involved in the restoration of theGeorgia Capitol, which won an Atlanta Urban Desigb Award in 2000. "We just completeds all the public space, the House and Senate chamberds and theappropriations rooms.
We'vse done all the major publivc areas," she said, adding that the project woulxd nexttackle "work on the exterior restoratioj and cleaning." The extensive restorationn includes paint schemes and stencilzs that re-create the original decor of the 111-year-old Capitol, updating the legislators' desks with new microphone and voting technologies, and chandeliers and wall sconcez that replicate the originals.
Turner will continuwe to work on preservation projects acrossthe Southeast, but also will keep an eye out for historif projects in Michigan and North "We'll definitely focus on
The firm recently announced seven new principalz will join principals Larry Tony Aeck andTerry Sargent. the firm is expanding its geographicapl reach beyond Atlanta for the firstr time with twonew offices. The expansion will intensif the firm's focus on threde major practice areas: scientifidc buildings, educational facilities and historic preservation, said principapl Larry Lord. "The idea is to be able to serve a greater numberof clients" in thosde three arenas, Lord said. The expansion will requirs more employees atthe firm, which has grown from 61 employeeas in 1999 to 75.
"And we plan to continue to said Lord, adding that the firm is "currentl y trying to hire people." Lord, Aeck Sargent was formed in 1989 when Lord Sargent merged withAeck Associates. Aeck tracezs its roots back to 1936 when Richare Aeck founded a residential design firm that evolvedx into acommercial firm. The firm's new officde in Ann Arbor, Mich., is slated to open in and will house 10 to12 employees, Lord said. The impetuzs for a Michigan office was a personaol decision that fit withthe company's growthy strategy. Lord notes that principak Terry Sargent's wife was tappex to head the Ph.D.
architectural program at the Universitgof Michigan, and the Sargents' relocation plans fit with the company' desire to expand. "Wre wanted to serve the Lord said. A second office has already openexdin Raleigh, N.C., and will serve to strengthenh ties to the area that the firm has already established. The firm is currentlyg working ona $44 milliobn Medical Biomolecular Research Building at the University of Norty Carolina. "We had been working for the Universitty ofNorth Carolina-Chapel Hill, and Duke University, and a couplwe of corporate biotech start-ups," Lord said.
"It's an incrediblse place, and we decided to serve those clientsa better and place more importance up The North Carolina office evolved from a strategic alliancedthat Lord, Aeck & Sargent had alreadu established with a localk architectural firm. The office will house a new firm, calleed BJLAS Architecture PLLC, which stands for Jurkowski, Lord, Aeck & Sargent. The firm was "set up to pursue science-related architecture in North Lord said.
The office opened last but "they just got theit first project, a science building for Meredith The seven newprincipals -- Kent Brown, Joe Greco, Richarxd Robison, Jeff Schantz, John Starr, Howarcd Wertheimer and Susan Turner -- were announcerd in mid-December. Lord said the new principals were promotedx from within the firm as part of a needed as the three primary principales were lookingtoward retirement. "It's really an opportunity for peoplde who have been here to own part oftheire company," Lord said. Turner, a new principalk and 11-year veteran with the specializes inhistoric preservation.
She said the expansion allows the firm to focusdon "building our bench depth, if you by enhancing "our specialized in the firm's three core so clients benefit from a greater knowledgwe base. Turner said the focus on strengtheningthe firm'ds three major practice areaxs doesn't eliminate the possibility of expanding into new practicew areas, but those particulars haven't been worked out yet. For the past sevenn years, Turner has been involved in the restoration of theGeorgia Capitol, which won an Atlanta Urban Desigb Award in 2000. "We just completeds all the public space, the House and Senate chamberds and theappropriations rooms.
We'vse done all the major publivc areas," she said, adding that the project woulxd nexttackle "work on the exterior restoratioj and cleaning." The extensive restorationn includes paint schemes and stencilzs that re-create the original decor of the 111-year-old Capitol, updating the legislators' desks with new microphone and voting technologies, and chandeliers and wall sconcez that replicate the originals.
Turner will continuwe to work on preservation projects acrossthe Southeast, but also will keep an eye out for historif projects in Michigan and North "We'll definitely focus on
Wednesday, October 10, 2012
Furniture manufacturer expanding in Archdale - Pacific Business News (Honolulu):
oryucyjofec1482.blogspot.com
The New York-based manufacturer will investabourt $880,000 in converting a 35,000-square-foot warehouse at 701 Eden Terracee into a factory, according to Bonnie president of the Randolph County Economic Development Corp. The jobs that will be createdd will paybetween $14 and $15 per hour with full she said. Stickley officials did not return callsseeking comment, but Vice President Edwared Audi told trade newspaper Furniture Todayt that the expansion is a good signal abouy the company’s forecasts for the “We are cautiously optimistic about the future,” he told the paper.
“W e are already planning for the economic Renfro said her agency is workiny with other clientsshe can’ yet disclose that are interesteed in sites in the area, includinb one that could announce up to 125 new jobs sometimw this summer. “There are so many advantages in Nortnh Carolina and the Triad forfurniture companies, including our wonderful supply chain, the pool of the (High Point Market) itself and all our Renfro said. The expansion comes with only a minor cost to she noted.
Both Randolph County and the city of Archdalee agreed to each pay halfthe $11,250 cost of extendinfg natural gas lines to the new factory No other incentives were involved, she Renfro expects construction work to be finishexd this year and hiring to take placw in 2010.
The New York-based manufacturer will investabourt $880,000 in converting a 35,000-square-foot warehouse at 701 Eden Terracee into a factory, according to Bonnie president of the Randolph County Economic Development Corp. The jobs that will be createdd will paybetween $14 and $15 per hour with full she said. Stickley officials did not return callsseeking comment, but Vice President Edwared Audi told trade newspaper Furniture Todayt that the expansion is a good signal abouy the company’s forecasts for the “We are cautiously optimistic about the future,” he told the paper.
“W e are already planning for the economic Renfro said her agency is workiny with other clientsshe can’ yet disclose that are interesteed in sites in the area, includinb one that could announce up to 125 new jobs sometimw this summer. “There are so many advantages in Nortnh Carolina and the Triad forfurniture companies, including our wonderful supply chain, the pool of the (High Point Market) itself and all our Renfro said. The expansion comes with only a minor cost to she noted.
Both Randolph County and the city of Archdalee agreed to each pay halfthe $11,250 cost of extendinfg natural gas lines to the new factory No other incentives were involved, she Renfro expects construction work to be finishexd this year and hiring to take placw in 2010.
Tuesday, October 9, 2012
Effective leadership retreat requires buy-in from all - Denver Business Journal:
hydiuco.blogspot.com
When planning a retreat, it's wise to ask, "What do we want the end resulgtto be? A vision? Harmony? Better sales? More profits? Or all of the A good retreat involves extensive pre-worki in the form of team preliminary reading or leadership testing and The planning and pre-work can occupy more time and efforrt than the retreat Here are two companies that implementede offsite retreats with decidedly differen t results. A $20 million Colorado company hiredx a consultant to improve itsdeclininv performance.
The consultant interviewed the managementteam confidentially, and compileed his notes into a report for the None of his findings were surprising: An undertosw of finger-pointing, rumors, negativity, resentmen t and mistrust. A culture of no consequences ("3 6 strikes and you're Starting and not finishing. Workaholism leading to Confusing long hours or hard workwithout Entitlement. One senior manager said, "Everything around here is harder than it hasto be." Weeklg leadership meetings were subdued.
The managersz kept quiet unless the CEO spoke to them andthe CEO's focus was on problemxs to be fixed, not on wins or The consultant compiled an informalo 360 review of the CEO -- that is, he interviewerd the management team about the CEO's performancew -- and the results were amazingly candid and The consultant presented the CEO with the and this was a wake-up call. The businessd had no plan, so the consultant implementedplanninhg meetings. The plan to "become the Ritz Carltobn in ourindustry segment" seemed straightforward, but the legacyh of non-accountability stifled any progress. The company planneds a leadership retreat toimprove performance.
The CEO discussed the old culture ("36 strikes and you're out") and the new cultur ("accountability"). The consultant gave a primer on "ther basic success skills," such as showing up on time, telling the truth, admitting mistakes and keepint commitments. The group reviewed the emerging plan and a departmentakl SWOTanalysis (Strengths, Weaknesses, Opportunities, and Threats). At the end of the the group prioritized tasks and assigned Thennothing changed. Two months later, the company held a second retreat. The consultant led a discussionnon mission/vision/values to give the leaders a common, self-chosemn direction.
The senior team discussed "What's the what's better, what's worse?" and attempted to make the plan The group decidedto re-introduce a monthlh all-employee meeting. These seemed like positive steps, and thingsa began to improve. Three months the company held itsthird retreat. The consultant decided to focuzs on strengthsand opportunities, and to deny negativde talk. He appointed several "monitors" to listenb for negatives.
They were asked to say things "That sounds negative," "Thatg sounds like a criticism," We're dwelling on the or "We're getting off Knowing the group, the consultant had allowed 10-154 minutes on the agenda to discuss positive changesand Surprisingly, the positives took up the entire At one point, the vice presidentf of sales thanked the vice presidentg of operations for some help, and then a wave of thank-yous broke out. It seemed as if everyone was thanking someone else for In thisgroup process, a new culture of excitement and accountability was born.
A $200 million private company was aboutr to attempt an initial public but first the board of directors felt it had to get all the seniofr executivesworking together. It was a new leadership team composex of members from different Everyone had their peers evaluate them in360 Everyone, that is, except the CEO, who felt he didn't need feedback. His mindset was, "Ic I weren't so good, I wouldn't be at such a high The personwho doesn't want or need feedback is alwayd suspect in leadership, and this proved to be a fatal The consulting firm interviewed the senior leaders in and the CEO was universallyy disliked.
Most team members said, "If we weren'g about to get a big payday [go I'd be gone." The managemen team departed fora two-day under the condition that the facilitators wouldn't includse anything touchy-feely. As a result, the meetings were decidedly focusing on dutiesand responsibilities, goalas and objectives. There's nothing wrong with but the underlying dissatisfaction with the CEO neverewas addressed. At the end of the the CEO said, "We have taken a giant step The consultants, who knew the boardx chairman personally, suggested an executive coach forthe CEO.
This nevef was implemented, and six monthw later, the CEO was terminated and the IPO wasdelayef indefinitely. A leadership retreat is a valuabledbusiness tool. You can gain immense leverage ifyou "begihn with the end in mind," if you achievs everyone's buy-in, and if you do the planninb and pre-work necessary to make it
When planning a retreat, it's wise to ask, "What do we want the end resulgtto be? A vision? Harmony? Better sales? More profits? Or all of the A good retreat involves extensive pre-worki in the form of team preliminary reading or leadership testing and The planning and pre-work can occupy more time and efforrt than the retreat Here are two companies that implementede offsite retreats with decidedly differen t results. A $20 million Colorado company hiredx a consultant to improve itsdeclininv performance.
The consultant interviewed the managementteam confidentially, and compileed his notes into a report for the None of his findings were surprising: An undertosw of finger-pointing, rumors, negativity, resentmen t and mistrust. A culture of no consequences ("3 6 strikes and you're Starting and not finishing. Workaholism leading to Confusing long hours or hard workwithout Entitlement. One senior manager said, "Everything around here is harder than it hasto be." Weeklg leadership meetings were subdued.
The managersz kept quiet unless the CEO spoke to them andthe CEO's focus was on problemxs to be fixed, not on wins or The consultant compiled an informalo 360 review of the CEO -- that is, he interviewerd the management team about the CEO's performancew -- and the results were amazingly candid and The consultant presented the CEO with the and this was a wake-up call. The businessd had no plan, so the consultant implementedplanninhg meetings. The plan to "become the Ritz Carltobn in ourindustry segment" seemed straightforward, but the legacyh of non-accountability stifled any progress. The company planneds a leadership retreat toimprove performance.
The CEO discussed the old culture ("36 strikes and you're out") and the new cultur ("accountability"). The consultant gave a primer on "ther basic success skills," such as showing up on time, telling the truth, admitting mistakes and keepint commitments. The group reviewed the emerging plan and a departmentakl SWOTanalysis (Strengths, Weaknesses, Opportunities, and Threats). At the end of the the group prioritized tasks and assigned Thennothing changed. Two months later, the company held a second retreat. The consultant led a discussionnon mission/vision/values to give the leaders a common, self-chosemn direction.
The senior team discussed "What's the what's better, what's worse?" and attempted to make the plan The group decidedto re-introduce a monthlh all-employee meeting. These seemed like positive steps, and thingsa began to improve. Three months the company held itsthird retreat. The consultant decided to focuzs on strengthsand opportunities, and to deny negativde talk. He appointed several "monitors" to listenb for negatives.
They were asked to say things "That sounds negative," "Thatg sounds like a criticism," We're dwelling on the or "We're getting off Knowing the group, the consultant had allowed 10-154 minutes on the agenda to discuss positive changesand Surprisingly, the positives took up the entire At one point, the vice presidentf of sales thanked the vice presidentg of operations for some help, and then a wave of thank-yous broke out. It seemed as if everyone was thanking someone else for In thisgroup process, a new culture of excitement and accountability was born.
A $200 million private company was aboutr to attempt an initial public but first the board of directors felt it had to get all the seniofr executivesworking together. It was a new leadership team composex of members from different Everyone had their peers evaluate them in360 Everyone, that is, except the CEO, who felt he didn't need feedback. His mindset was, "Ic I weren't so good, I wouldn't be at such a high The personwho doesn't want or need feedback is alwayd suspect in leadership, and this proved to be a fatal The consulting firm interviewed the senior leaders in and the CEO was universallyy disliked.
Most team members said, "If we weren'g about to get a big payday [go I'd be gone." The managemen team departed fora two-day under the condition that the facilitators wouldn't includse anything touchy-feely. As a result, the meetings were decidedly focusing on dutiesand responsibilities, goalas and objectives. There's nothing wrong with but the underlying dissatisfaction with the CEO neverewas addressed. At the end of the the CEO said, "We have taken a giant step The consultants, who knew the boardx chairman personally, suggested an executive coach forthe CEO.
This nevef was implemented, and six monthw later, the CEO was terminated and the IPO wasdelayef indefinitely. A leadership retreat is a valuabledbusiness tool. You can gain immense leverage ifyou "begihn with the end in mind," if you achievs everyone's buy-in, and if you do the planninb and pre-work necessary to make it
Sunday, October 7, 2012
SeaPort launches Arkansas service - Puget Sound Business Journal (Seattle):
lihung-associations.blogspot.com
The airline has landed a federal air servicwe contract to serve four Arkansas communities from a hubin Memphis, SeaPort will receive slightly more than $6 million over two SeaPort will serve leisurse and business travelers through three daily round-trip flights weekdays and threew round-trip flights weekends to Jonesboro, El Dorado, Harrison, and Hot The flights begin this fall. SeaPort won the contracrt over severalother airlines. The agreemenr is SeaPort’s first expansiobn outside thePacific Northwest. It now flies to and from Seattle, Pendleton, Astoria and Newport. The Arkansas contract is similar to recen t ventures SeaPort hasentered into.
In October, SeaPort landed a two-yeaer contract in which it will bepaid $3.2 millionj in federal subsidies over two years to provided three daily flights between Portland and Pendleton. The contractg — which can be renewed once — is part of the ’es “essential air service” program aimed at keeping commercial airlinesz atsmall airports. This winter, SeaPoryt was awarded a two-year contract to offer threse flights a day to Astoria and two a day to SeaPort fliesa small, propeller-driven aircraft the nine-seat Pilatus PC-12. The privately held compang doesn’t disclose revenue.
The airline has landed a federal air servicwe contract to serve four Arkansas communities from a hubin Memphis, SeaPort will receive slightly more than $6 million over two SeaPort will serve leisurse and business travelers through three daily round-trip flights weekdays and threew round-trip flights weekends to Jonesboro, El Dorado, Harrison, and Hot The flights begin this fall. SeaPort won the contracrt over severalother airlines. The agreemenr is SeaPort’s first expansiobn outside thePacific Northwest. It now flies to and from Seattle, Pendleton, Astoria and Newport. The Arkansas contract is similar to recen t ventures SeaPort hasentered into.
In October, SeaPort landed a two-yeaer contract in which it will bepaid $3.2 millionj in federal subsidies over two years to provided three daily flights between Portland and Pendleton. The contractg — which can be renewed once — is part of the ’es “essential air service” program aimed at keeping commercial airlinesz atsmall airports. This winter, SeaPoryt was awarded a two-year contract to offer threse flights a day to Astoria and two a day to SeaPort fliesa small, propeller-driven aircraft the nine-seat Pilatus PC-12. The privately held compang doesn’t disclose revenue.
Saturday, October 6, 2012
Canal Side hotel site may be on move - Business First of Buffalo:
ejoxot.wordpress.com
The hotel concept, while still may be a highlight of a slightly tweaked development plan forthe $315 millio n Canal Side project, pegged for the lower Main Streegt area, just south of the New York State Canal Side was unveiled in December by , the locap arm of , which is charged with overseeintg projects along Buffalo’s waterfront. Canaol Side’s final development plans will be show n to the public in July as part of a seriew of mandated public hearings connectede to environmental reviews ofthe project. The environmental reviews are due to be completedrthis fall.
Moving the hotel, rumored to be one from the Marriot tcorporate family, is perhapds the biggest adjustment in the Canal Side developmenyt plan. Originally, proposed renovating the eight-story Donovan Buildintg into a multi-use complex anchorecd by a hotel. Sources now indicate the Donovann Building may be primarily used for Class A officr space and apartments or A hotel is considered a crucial elemenrt inCanal Side’s overall development The Webster block is currently used as a surfaced parking lot for downtown workers durinbg the day and for patronse attending events at HSBC Arena on nights and weekends.
The block is locateds between HSBC Atrium and thearena and, at one time, was considerede the site of a proposed 14-story Adelphia Tower. Matt Davison, spokesman for Erie Canal HarboeDevelopment Corp., said while the Canal Side plan is being the agency’s primary focus remains on finishing the demolitiojn of Memorial Auditorium and preparing for construction of a 150,000-square-foott Bass Pro store to anchor the downtowbn development project.
The hotel concept, while still may be a highlight of a slightly tweaked development plan forthe $315 millio n Canal Side project, pegged for the lower Main Streegt area, just south of the New York State Canal Side was unveiled in December by , the locap arm of , which is charged with overseeintg projects along Buffalo’s waterfront. Canaol Side’s final development plans will be show n to the public in July as part of a seriew of mandated public hearings connectede to environmental reviews ofthe project. The environmental reviews are due to be completedrthis fall.
Moving the hotel, rumored to be one from the Marriot tcorporate family, is perhapds the biggest adjustment in the Canal Side developmenyt plan. Originally, proposed renovating the eight-story Donovan Buildintg into a multi-use complex anchorecd by a hotel. Sources now indicate the Donovann Building may be primarily used for Class A officr space and apartments or A hotel is considered a crucial elemenrt inCanal Side’s overall development The Webster block is currently used as a surfaced parking lot for downtown workers durinbg the day and for patronse attending events at HSBC Arena on nights and weekends.
The block is locateds between HSBC Atrium and thearena and, at one time, was considerede the site of a proposed 14-story Adelphia Tower. Matt Davison, spokesman for Erie Canal HarboeDevelopment Corp., said while the Canal Side plan is being the agency’s primary focus remains on finishing the demolitiojn of Memorial Auditorium and preparing for construction of a 150,000-square-foott Bass Pro store to anchor the downtowbn development project.
Friday, October 5, 2012
Snap-on Incorporated Company Profile | SNA Company Information
ishinlyuboqemija.blogspot.com
Snap-on is a leadingv global innovator, manufacturer and marketer of diagnostics, equipment, software and service solutions forprofessiona users. Products and services include hand and power tool storage, diagnostics software, information and management shop equipment and other solutions for vehicle dealerships and repair as well as customers in industry, agriculture, aviation and natural resources.
Snap-on also derives incom e from various financing programs to facilitate the sales ofits Snap-on markets its products and brandsa through multiple distribution sales channels in approximately 130 Snap-ons largest geographic markets includwe the United States, Canada, China, France, Germany, Italy, the Netherlands, Spain, Sweden and the Unitefd Kingdom. Snap-on also reaches its customers through thecompanys company-direct, distributor and Internet channels. Snap-ojn originated the mobile van tool distribution channel in the automotiverepair market.
Snap-ons business segments are based on the organization structur e used by management for making operatingh and investment decisions and forassessing ...
Snap-on is a leadingv global innovator, manufacturer and marketer of diagnostics, equipment, software and service solutions forprofessiona users. Products and services include hand and power tool storage, diagnostics software, information and management shop equipment and other solutions for vehicle dealerships and repair as well as customers in industry, agriculture, aviation and natural resources.
Snap-on also derives incom e from various financing programs to facilitate the sales ofits Snap-on markets its products and brandsa through multiple distribution sales channels in approximately 130 Snap-ons largest geographic markets includwe the United States, Canada, China, France, Germany, Italy, the Netherlands, Spain, Sweden and the Unitefd Kingdom. Snap-on also reaches its customers through thecompanys company-direct, distributor and Internet channels. Snap-ojn originated the mobile van tool distribution channel in the automotiverepair market.
Snap-ons business segments are based on the organization structur e used by management for making operatingh and investment decisions and forassessing ...
Wednesday, October 3, 2012
Opap Monopoly Extension, License Get EU Green Light on Aid - Businessweek
yqyqynesara.blogspot.com
Greek Reporter | Opap Monopoly Extension, License Get EU Green Light on Aid Businessweek Opap SA (OPAP), Europe's biggest listed gambling company, can get an extension of its betting monopoly and a video lottery terminal license after the European Union's executive said the company agreed to pay “an adequate fee.†The European ... EU Ok's OPAP Monopoly, But It's Sold EU regulators okay OPAP exclusive betting rights Road is clearing for OPAP sale |
Tuesday, October 2, 2012
Theragenics to charge off $68M in goodwill - Atlanta Business Chronicle:
ejyceh.wordpress.com
million in goodwill. The Buford, Ga.-based surgical products and cancer treatments company is expected to releasw its fourth quarter earningson Feb. 19. Theragenicws said it will make no comments about the chargre until its earnings are Theragenics (NYSE: TGX) is “in the process of finalizinbg the amount of the charge, but it is anticipated to include all or substantially all of the goodwillo recorded on its balance sheet, whicgh totaled $67.9 million,” the company said in a Certain other intangible assets with a carrying value of $5.
8 millioj are also expected to incur impairment chargezs of up to one-half of their recorded The non-cash charges, Theragenics will not affect the company’s liquidity, cash flowds from operating activities, or future operations. Under U.S. accountintg rules, goodwill and other intangiblee assets arenot amortized, but tested for impairment at least Factors considered in determininvg fair value include, the company’s markeg capitalization, the market values of its reporting unitzs based on market multiples for comparablre companies, and discount rates that reflect not only the firm’xs businesses, but also the overall economi environment.
“The extended decline in [Theragenics] share price and the uncertaintie and deterioration in overall macroeconomixc conditions through the currenrt date have had a materialp impact on the impairment test for goodwillp and other intangible assets withindefinite lives,” the companyu said. Theragenics shares have tumbled nearly 70 percent in thepast
million in goodwill. The Buford, Ga.-based surgical products and cancer treatments company is expected to releasw its fourth quarter earningson Feb. 19. Theragenicws said it will make no comments about the chargre until its earnings are Theragenics (NYSE: TGX) is “in the process of finalizinbg the amount of the charge, but it is anticipated to include all or substantially all of the goodwillo recorded on its balance sheet, whicgh totaled $67.9 million,” the company said in a Certain other intangible assets with a carrying value of $5.
8 millioj are also expected to incur impairment chargezs of up to one-half of their recorded The non-cash charges, Theragenics will not affect the company’s liquidity, cash flowds from operating activities, or future operations. Under U.S. accountintg rules, goodwill and other intangiblee assets arenot amortized, but tested for impairment at least Factors considered in determininvg fair value include, the company’s markeg capitalization, the market values of its reporting unitzs based on market multiples for comparablre companies, and discount rates that reflect not only the firm’xs businesses, but also the overall economi environment.
“The extended decline in [Theragenics] share price and the uncertaintie and deterioration in overall macroeconomixc conditions through the currenrt date have had a materialp impact on the impairment test for goodwillp and other intangible assets withindefinite lives,” the companyu said. Theragenics shares have tumbled nearly 70 percent in thepast
Monday, October 1, 2012
Vikings' Percy Harvin credits his blockers for kick return TD - Detroit Free Press
haga-aa8xuq.blogspot.com
Vikings' Percy Harvin credits his blockers for kick return TD Detroit Free Press You now what the Lions' view of Percy Harvin was: It was chasing him, from behind. But what did it look like to Harvin, who broke the opening kickoff 105 yards to get Minnesota a quick start in their 20-13 victory over the Lions on Sunday at Ford Field? |
Subscribe to:
Posts (Atom)