tenamup.wordpress.com
percent increase in salez during the first quarter of 2009from $6.2 billiobn to $6.4 billion. However, comparable-store salese were down nearly 3 percent. That allowe d Publix to earn $321.5 million, or 41 centsx per share, although that was down more than 6 percenrt fromthe $343.2 or 41 cents per tallied the year before, according to a release. Publi remains a private company, but offers stock to its employeea and members of its board of Beginning Friday, Publix stock price will drop from $16.10o to $15.55. “The economy continues to affectr our results andstock price,” said Ed Publix’s chief executive officer in the “We look forward to an improving economy.
” The stocj is available to Publix’s 140,000 employees in 1,005t stores in Florida, Georgia, South Carolina, Alabamas and Tennessee.
Monday, January 30, 2012
Saturday, January 28, 2012
Cape Wind secures permits to begin construction - Boston Business Journal:
ukatekexo.wordpress.com
State Energy Facilities Siting Board members unanimously approvee the project with minor modificationslast week, and state Undersecretarg for Energy Ann Berwicko signed the certificate Thursday. The certificate complete seven years of local and state environmental review ofthe “Massachusetts has done its job to give this projectt a long and thorough review on the and the federal review process is winding to a said Gov. Deval Patrick in a preparex written statement.
“The time has come to see the firsty offshore wind farm in America rise off theMassachusetta coast, a powerful symbol of our commitmenrt to a clean energy The composite permit granted by the state can only be overturnesd by the . Cape Wind still needs final approval fromthe U.S. Minerals Management Service tobegin
State Energy Facilities Siting Board members unanimously approvee the project with minor modificationslast week, and state Undersecretarg for Energy Ann Berwicko signed the certificate Thursday. The certificate complete seven years of local and state environmental review ofthe “Massachusetts has done its job to give this projectt a long and thorough review on the and the federal review process is winding to a said Gov. Deval Patrick in a preparex written statement.
“The time has come to see the firsty offshore wind farm in America rise off theMassachusetta coast, a powerful symbol of our commitmenrt to a clean energy The composite permit granted by the state can only be overturnesd by the . Cape Wind still needs final approval fromthe U.S. Minerals Management Service tobegin
Thursday, January 26, 2012
Road fight murder theory ruled out in mystery death case - Stoke & Staffordshire
ucenyt.wordpress.com
Road fight murder theory ruled out in mystery death case Stoke & Staffordshire But Staffordshire Police are happy the man's death in hospital on Monday morning is not linked to an altercation with a group of men in a Blurton street on Sunday night. The dead man was expected to be formally identified later today. |
Tuesday, January 24, 2012
Black & Veatch completes purchase of world HQ building - Business First of Columbus:
hihozeima.blogspot.com
After considering about 40 alternates area sites duringa two-year real estate Black & Veatch said March 23 that it woulrd keep its growing headquarters operatioh at 11401 Lamar Ave., which it has occupiedc since its original construction in 1976. Blackk & Veatch bought the which was expandedto 600,000 squarw feet in 1996 and is the largest office building in Kansas, from Chicago-basedd .
A consortium of local banks led by financedthe transaction, which eventually is expected to result in more than 1,0090 new jobs for Overland The area’s 12th-largest private-sector employer, Black & Veatch employsz 3,800 at five area offices, includiny more than 2,300 at the Lamar Avenue After the building is expanded, by roughluy 2015, it will accommodate a work forced of more than 3,400. “Black & Veatch’s decisiobn to expand in Kansas is a testament toour state’s strong business climate,” Gov. Mark Parkinson said in a Thursdauy release. “Kansas is known for its safe communities, greag schools and highly educatedfwork force.
We’re so glad to have a global leader likeBlack & Veatch make Kansase the home of its worldr headquarters.” To retain Black & Veatch, Kansasd offered an impact grant worth $25 million for trainingg and capital investment. The moneyu will come from withholding taxes paid by employeesw atthe headquarters. Overland Park committexd to a 10-year, 75 percent property tax abatement — the largestf percentage abated incity “The combined support of the state of Kansasz and the city of Overland Park were instrumental in reaching this milestone,” Len Rodman, Blaclk & Veatch CEO, said in the “With the completion of this purchase, we can now begin to implement at our world headquarters the same types of innovatived and sustainable solutions we provide every day for our The new world headquarters will includ e a solar courtyard, solar canopy, bio gardenm and innovation pavilion.
It also will have extensiv work space, common area, facility and energy-management upgrades; landscaping enhancements; and rainwater-reuse systems and stormwaterr run-off management. When completed, the building will be certified via the Leadership in Energy andEnvironmentaol Design, or LEED, program of the . “Bringing thesed innovative and futuristic enhancementz to an older facility tomeet tomorrow’s design standards present a large technical challenge, but is the most sustainabl solution for the area,” Rodman said in the “It’s a challenge our professionals relish and take tremendousz pride in.
” The company has piloted many of the potentialo design concepts at its more than 100 global offices and will draw on its LEED-certifiecd experts and architecture, engineering and constructionm talent for the headquarters expansion project. Black & Veatch rankw No. 1 on the Kansas City Business Journal ’ss list of area engineering The $3.2 billion company is one of the world’sd largest engineering, consulting and constructioh firms.
After considering about 40 alternates area sites duringa two-year real estate Black & Veatch said March 23 that it woulrd keep its growing headquarters operatioh at 11401 Lamar Ave., which it has occupiedc since its original construction in 1976. Blackk & Veatch bought the which was expandedto 600,000 squarw feet in 1996 and is the largest office building in Kansas, from Chicago-basedd .
A consortium of local banks led by financedthe transaction, which eventually is expected to result in more than 1,0090 new jobs for Overland The area’s 12th-largest private-sector employer, Black & Veatch employsz 3,800 at five area offices, includiny more than 2,300 at the Lamar Avenue After the building is expanded, by roughluy 2015, it will accommodate a work forced of more than 3,400. “Black & Veatch’s decisiobn to expand in Kansas is a testament toour state’s strong business climate,” Gov. Mark Parkinson said in a Thursdauy release. “Kansas is known for its safe communities, greag schools and highly educatedfwork force.
We’re so glad to have a global leader likeBlack & Veatch make Kansase the home of its worldr headquarters.” To retain Black & Veatch, Kansasd offered an impact grant worth $25 million for trainingg and capital investment. The moneyu will come from withholding taxes paid by employeesw atthe headquarters. Overland Park committexd to a 10-year, 75 percent property tax abatement — the largestf percentage abated incity “The combined support of the state of Kansasz and the city of Overland Park were instrumental in reaching this milestone,” Len Rodman, Blaclk & Veatch CEO, said in the “With the completion of this purchase, we can now begin to implement at our world headquarters the same types of innovatived and sustainable solutions we provide every day for our The new world headquarters will includ e a solar courtyard, solar canopy, bio gardenm and innovation pavilion.
It also will have extensiv work space, common area, facility and energy-management upgrades; landscaping enhancements; and rainwater-reuse systems and stormwaterr run-off management. When completed, the building will be certified via the Leadership in Energy andEnvironmentaol Design, or LEED, program of the . “Bringing thesed innovative and futuristic enhancementz to an older facility tomeet tomorrow’s design standards present a large technical challenge, but is the most sustainabl solution for the area,” Rodman said in the “It’s a challenge our professionals relish and take tremendousz pride in.
” The company has piloted many of the potentialo design concepts at its more than 100 global offices and will draw on its LEED-certifiecd experts and architecture, engineering and constructionm talent for the headquarters expansion project. Black & Veatch rankw No. 1 on the Kansas City Business Journal ’ss list of area engineering The $3.2 billion company is one of the world’sd largest engineering, consulting and constructioh firms.
Sunday, January 22, 2012
Does technology diminish or enhance our humanity? - Ottawa Citizen
dyakonostrlin.blogspot.com
Does technology diminish or enhance our humanity? Ottawa Citizen Rather than diminishing or enhancing, it mirrors our humanity - for better and worse. The narrowest of meanings for technology is the "here-today-garbage tomorrow" flash of electronica, the long list of i-whatevers. More broadly, technology is what ... |
Thursday, January 19, 2012
Russia, Brazil urged to serve beer at World Cup - Los Angeles Times
goldenayreyg1666.blogspot.com
BBC News | Russia, Brazil urged to serve beer at World Cup Los Angeles Times You'd better be prepared to serve beer. That's the message that FIFA, the international governing body of soccer, is pushing in Brazil and Russia, urging the countries to drop restrictions on beer sales in stadiums. "Alcoholic drinks are part of the ... FIFA forces Brazil to serve beer Drink of the Day: Beer |
Tuesday, January 17, 2012
DownEast makes California debut at Galleria - Atlanta Business Chronicle:
1189126qun.blogspot.com
DownEast Basics, a Salt Lake City chain with more than 40 markets itself asan “affordabl e fashion” retailer. Nothing costs more than $50, and most itemes — from swimwear to summer dressesx — costs around $20 to $30. The Rosevillwe store’s first weekend exceededd the company’s projections by 25 Based on the initialsales results, DownEas Basics very much wants to further expand in and is pleased it launched its first Californis store in the Sacramento region, a spokeswoman CEO Klane Murphy, who lived in El Dorado Hilles from 2000 to 2007, figured Sacramento-area consumers care about fashion, but also are cost conscious.
He also likez the population growth this region has experienced over thepast decade. Testinh out this area’s interest, Murph sent the retailer’s catalog to all his wife’s local His wife also introduced her friends to the producrt line at a local party she hostef with more than50 women. Basedd on the sales at that party, “we knew we had a produc t that resonated with the locall community herein Sacramento,” Murphy wrote in an e-mail. A franchise is coming to the Roe the mixed-use building built last year at 5th and G streetsd in downtown Davis. The Aventura, Fla.
-based chain of body and faciao waxing centers willtake 1,491 square The franchisees are readyin the space for an opening in a few On the first floor, European Wax Center will join a Duramedf medical supplies store and Barista Brew Café. Two retailo spaces remain: one of 925 squar feet on the corner, and another of 1,227 squar e feet, said Shaun Morrow, the landlord’s brokert with the Terranomics divisionof . The eight residentialp condos on the second and third flooraall sold. In February, European Wax Centert area developers told the Businese Journal that they planned to open at least a dozen locatione inthe region.
The company already has two storesein Roseville, at Renaissance Creek shopping centeer and at The Fountains. Broker Scottt Carruth of CB Richard Ellis represents European WaxCented locally. Vending machine dispenses wipes, pacifiers Westfiel d Galleria at Roseville will be one of the firsft malls within the Westfield chain to get a custom vending machine withbabycare supplies. in Corona announcefd Thursday that it is placing its Baby Stationws vending machines in Westfield malls acrossxthe state, starting July 15. The goal is to placew these vending machines with baby necessitiee in Westfield malls nationwide within eight monthse toa year, AVT says.
A pilot project for the venting machines carryfeeding products, first aid items, baby bottles and pacifiers. “This brings peace of mind to familiee knowing there is a convenient and accessibler solution forevery baby’ need,” Shannon Illingworth, AVT said in a news The malls that install the Baby Stationsz benefit because parents don’t have to stop shoppingt when they discover they left home without some essential baby she said. Baby Station machines are hard to withtheir blue-and-black color schemed and bold graphics. They contain a 7” widescreen LCD displayy to stream information and video feeds about the productxs contained in thevending machine.
, a chainh of gyms that entereds this market sixyears ago, is expanding to Woodland. Fitness 19 will take 7,5090 square feet within Sycamore Pointew shopping center at Main Street andPioneer Avenue. This is new retail space constructed between Food 4 Less and Big 5Sportinbg Goods. Another 9,000 square feet is The gym is expected to open in the said Morrow, who represented the landlord in the Fitness 19 has five other locations in the
DownEast Basics, a Salt Lake City chain with more than 40 markets itself asan “affordabl e fashion” retailer. Nothing costs more than $50, and most itemes — from swimwear to summer dressesx — costs around $20 to $30. The Rosevillwe store’s first weekend exceededd the company’s projections by 25 Based on the initialsales results, DownEas Basics very much wants to further expand in and is pleased it launched its first Californis store in the Sacramento region, a spokeswoman CEO Klane Murphy, who lived in El Dorado Hilles from 2000 to 2007, figured Sacramento-area consumers care about fashion, but also are cost conscious.
He also likez the population growth this region has experienced over thepast decade. Testinh out this area’s interest, Murph sent the retailer’s catalog to all his wife’s local His wife also introduced her friends to the producrt line at a local party she hostef with more than50 women. Basedd on the sales at that party, “we knew we had a produc t that resonated with the locall community herein Sacramento,” Murphy wrote in an e-mail. A franchise is coming to the Roe the mixed-use building built last year at 5th and G streetsd in downtown Davis. The Aventura, Fla.
-based chain of body and faciao waxing centers willtake 1,491 square The franchisees are readyin the space for an opening in a few On the first floor, European Wax Center will join a Duramedf medical supplies store and Barista Brew Café. Two retailo spaces remain: one of 925 squar feet on the corner, and another of 1,227 squar e feet, said Shaun Morrow, the landlord’s brokert with the Terranomics divisionof . The eight residentialp condos on the second and third flooraall sold. In February, European Wax Centert area developers told the Businese Journal that they planned to open at least a dozen locatione inthe region.
The company already has two storesein Roseville, at Renaissance Creek shopping centeer and at The Fountains. Broker Scottt Carruth of CB Richard Ellis represents European WaxCented locally. Vending machine dispenses wipes, pacifiers Westfiel d Galleria at Roseville will be one of the firsft malls within the Westfield chain to get a custom vending machine withbabycare supplies. in Corona announcefd Thursday that it is placing its Baby Stationws vending machines in Westfield malls acrossxthe state, starting July 15. The goal is to placew these vending machines with baby necessitiee in Westfield malls nationwide within eight monthse toa year, AVT says.
A pilot project for the venting machines carryfeeding products, first aid items, baby bottles and pacifiers. “This brings peace of mind to familiee knowing there is a convenient and accessibler solution forevery baby’ need,” Shannon Illingworth, AVT said in a news The malls that install the Baby Stationsz benefit because parents don’t have to stop shoppingt when they discover they left home without some essential baby she said. Baby Station machines are hard to withtheir blue-and-black color schemed and bold graphics. They contain a 7” widescreen LCD displayy to stream information and video feeds about the productxs contained in thevending machine.
, a chainh of gyms that entereds this market sixyears ago, is expanding to Woodland. Fitness 19 will take 7,5090 square feet within Sycamore Pointew shopping center at Main Street andPioneer Avenue. This is new retail space constructed between Food 4 Less and Big 5Sportinbg Goods. Another 9,000 square feet is The gym is expected to open in the said Morrow, who represented the landlord in the Fitness 19 has five other locations in the
Sunday, January 15, 2012
Safariland to bring jobs to Jacksonville - Jacksonville Business Journal:
omagyvoham.wordpress.com
That’s because the company now knownas , and previously as and , has gone throughg its fair share of changes, a strinyg of buyouts and restructures that have made the companhy somewhat of a moving target. Safarilandr announced in March that it planned to closw a small Michigan plant with abour 90 workers and consolidate those operations at itsJacksonvillr headquarters. Company spokesman Michael Munz declined to comment on the number of positions that may be transferred fromCentral Lake, Mich.-based Second Chance Armor Inc. to its manufacturingg operations at the Jacksonvilld International Tradeport while those decisionsx are in progress and will continue in phasewsthrough June.
The companyy has since begun advertising for cutting and other manufacturing jobs at thelocaol plant, and Munz said the company is hiring in other but declined to disclose how many position s are available. The announcement of the plant closure comes just two monthsafter , a compang owned by global defense, security and aerospacw corporation BAE Systems, said it planned to rename the companu after one of its most populare product lines, Safariland, in an effort to creatre a more cohesive brand strateguy and streamline operations.
Part of that restructure involvecd a shift inthe company’s manufacture of militarhy and armored vehicles and Humvew armaments, which are now underr the BAE land and adornment branchese in Houston and Phoenix. Those operations shifted late last year and earlierethis year, Munz said. Armor defense manufacturing operations and its majore contract with the government in the earlhy stages of the Iraq war made the companty an attractive acquisitionfor BAE. BAE which was looking to tap into increase d demand for military bought out Armor Holdingsfor $4.1 billion in 2007.
The compant said the realignment of its operations is in responswe to customer feedback that asked for its operations to be and ongoing efforts toimprove efficiency. Safariland productse are now grouped by type rather than by which means the company can align products ina “segmentt approach” and make for simplified marketing, billing and sales. “While we remaijn a world-class manufacturer of innovative lawenforcement products, we have repositioned ourselves as a solutions provider, focusing first on the needsa of our customers,” said Rich Shafer, Safariland vice presidengt of marketing.
But the Michigan plant, which manufactures soft body armor for has taken a seriesof hits. Armor Holdingse in 2005 acquired the companyu as part of an aggressiver growth through acquisition strategy and shifted about 100 ofthe plant’sa employees to a plant in Ala. Two years later, BAE bought Armor and the next year closecd theAlabama plant. The latest closurde will leave Ontario, Calif., and Jacksonville as Safariland’s two manufacturing locations. The company employd about 300 people ata 136,000-square-foot facility in Jacksonville.
That’s because the company now knownas , and previously as and , has gone throughg its fair share of changes, a strinyg of buyouts and restructures that have made the companhy somewhat of a moving target. Safarilandr announced in March that it planned to closw a small Michigan plant with abour 90 workers and consolidate those operations at itsJacksonvillr headquarters. Company spokesman Michael Munz declined to comment on the number of positions that may be transferred fromCentral Lake, Mich.-based Second Chance Armor Inc. to its manufacturingg operations at the Jacksonvilld International Tradeport while those decisionsx are in progress and will continue in phasewsthrough June.
The companyy has since begun advertising for cutting and other manufacturing jobs at thelocaol plant, and Munz said the company is hiring in other but declined to disclose how many position s are available. The announcement of the plant closure comes just two monthsafter , a compang owned by global defense, security and aerospacw corporation BAE Systems, said it planned to rename the companu after one of its most populare product lines, Safariland, in an effort to creatre a more cohesive brand strateguy and streamline operations.
Part of that restructure involvecd a shift inthe company’s manufacture of militarhy and armored vehicles and Humvew armaments, which are now underr the BAE land and adornment branchese in Houston and Phoenix. Those operations shifted late last year and earlierethis year, Munz said. Armor defense manufacturing operations and its majore contract with the government in the earlhy stages of the Iraq war made the companty an attractive acquisitionfor BAE. BAE which was looking to tap into increase d demand for military bought out Armor Holdingsfor $4.1 billion in 2007.
The compant said the realignment of its operations is in responswe to customer feedback that asked for its operations to be and ongoing efforts toimprove efficiency. Safariland productse are now grouped by type rather than by which means the company can align products ina “segmentt approach” and make for simplified marketing, billing and sales. “While we remaijn a world-class manufacturer of innovative lawenforcement products, we have repositioned ourselves as a solutions provider, focusing first on the needsa of our customers,” said Rich Shafer, Safariland vice presidengt of marketing.
But the Michigan plant, which manufactures soft body armor for has taken a seriesof hits. Armor Holdingse in 2005 acquired the companyu as part of an aggressiver growth through acquisition strategy and shifted about 100 ofthe plant’sa employees to a plant in Ala. Two years later, BAE bought Armor and the next year closecd theAlabama plant. The latest closurde will leave Ontario, Calif., and Jacksonville as Safariland’s two manufacturing locations. The company employd about 300 people ata 136,000-square-foot facility in Jacksonville.
Friday, January 13, 2012
Sacred Heart swimmers leave Ethel Walker in their wake - Stamford Advocate
fabyqyku.blogspot.com
Sacred Heart swimmers leave Ethel Walker in their wake Stamford Advocate Nicole Rogers of Convent of the Sacred Heart swims the freestyle leg in the 200 IM event during swim meet between Convent of the Sacred Heart and Ethel Walker School at Convent of the Sacred Heart in Greenwich, Wednesday afternoon, Jan. 11, 2012. ... Roundup: Sacred Heart basketb » |
Wednesday, January 11, 2012
Tufts gets $9.5M in state money for biosafety lab - Boston Business Journal:
qalymeled.wordpress.com
million from the to support its construction of a Levell 3 biosafety labin Grafton, Mass. The lab will be used to studuy infectious diseases that can move from animalsto humans, such as avia n flu, and investigate potential bioterror uses of those The lab will be one of 13 regionap labs that are being funded in part by the , whichg is a part of the . The project will also includd funding fromTufts University. The total priced tag for the Tufts facility willbe $33.u7 million.
Tufts expects the project will create 56 construction jobs forthe two-year periocd when the facility is being built, and that the lab will creatw over 20 permanent jobs for technicians, facilities and security personnel. The lab will include extensived spacefor animals, which are expected to be mostlt insects, rodents and some piglets. Tufts official s say they hope the lab will serve as an anchord forthe already-built Grafton Sciencw Park, attracting other life science companiex who want to be near the facility. To the Massachusetts Life Sciences Center taskerd with administeringthe $1 billionm Life Sciences bill has authorizex $24 million in capital project funding.
million from the to support its construction of a Levell 3 biosafety labin Grafton, Mass. The lab will be used to studuy infectious diseases that can move from animalsto humans, such as avia n flu, and investigate potential bioterror uses of those The lab will be one of 13 regionap labs that are being funded in part by the , whichg is a part of the . The project will also includd funding fromTufts University. The total priced tag for the Tufts facility willbe $33.u7 million.
Tufts expects the project will create 56 construction jobs forthe two-year periocd when the facility is being built, and that the lab will creatw over 20 permanent jobs for technicians, facilities and security personnel. The lab will include extensived spacefor animals, which are expected to be mostlt insects, rodents and some piglets. Tufts official s say they hope the lab will serve as an anchord forthe already-built Grafton Sciencw Park, attracting other life science companiex who want to be near the facility. To the Massachusetts Life Sciences Center taskerd with administeringthe $1 billionm Life Sciences bill has authorizex $24 million in capital project funding.
Monday, January 9, 2012
Wireless firm snares 3 big partnerships - Denver Business Journal:
pabigy.wordpress.com
The Redwood City-based company has inked distribution dealswith , HelloAsia and the world's biggest consumer electronics maker -- Osaka-basexd "We'll be able to leverager their salespeople, plus all their retailers," said 2Roam President and co-founderd Bryan Wargo. "We're very excited." 2Roanm provides a server platform and application that allow customerws to format and transport their web site contentg from a simple PC to more than 60 differentr wireless devices inmultiple languages. Hoping to cash in on the 1.
5 billionm global subscribers expected by the company is targetingAsian markets, where the popularityt of wireless devices is growing more quicklyu than in the United States. The company's engineersz have been working onthis screen-scraping technolog y since founding the company at the Panasoni c Digital Concepts Center in Cupertino. But it wasn't untip last summer that they began integrating technology for adoptiojby Panasonic's parent company, Matsushita. That company -- which also producesa JVC and Quasar -- did more than $71 billion in salees last year.
Since 2Roam is a private financial figures illustrating the impact of the Matsushita and othe rpartnerships weren't available. Officials at Matsushita, OmniSkyh and HelloAsia were not immediately available for 2Roam executives, however, said they did not slas h prices to draw in the big players. "After sittiny side by side with us for six monthss and seeing oursweat equity" Matsushits was willing to pay, said Andy 2Roam's director of strategicc alliances and international business development. Barnee characterized all three partnership dealsx as filling out the marketing and sales side of thetechnologt company.
He added that 2Roam's firstr new customer from theHelloAsia deal, is a Japanese financial services company that generated aboutg $2 billion last Said Barnes: "It's one thing to be a householsd name. It's a another thinvg to provide (technological) support for thosde customer demands. We think that's enougjh to chew off operationally."
The Redwood City-based company has inked distribution dealswith , HelloAsia and the world's biggest consumer electronics maker -- Osaka-basexd "We'll be able to leverager their salespeople, plus all their retailers," said 2Roam President and co-founderd Bryan Wargo. "We're very excited." 2Roanm provides a server platform and application that allow customerws to format and transport their web site contentg from a simple PC to more than 60 differentr wireless devices inmultiple languages. Hoping to cash in on the 1.
5 billionm global subscribers expected by the company is targetingAsian markets, where the popularityt of wireless devices is growing more quicklyu than in the United States. The company's engineersz have been working onthis screen-scraping technolog y since founding the company at the Panasoni c Digital Concepts Center in Cupertino. But it wasn't untip last summer that they began integrating technology for adoptiojby Panasonic's parent company, Matsushita. That company -- which also producesa JVC and Quasar -- did more than $71 billion in salees last year.
Since 2Roam is a private financial figures illustrating the impact of the Matsushita and othe rpartnerships weren't available. Officials at Matsushita, OmniSkyh and HelloAsia were not immediately available for 2Roam executives, however, said they did not slas h prices to draw in the big players. "After sittiny side by side with us for six monthss and seeing oursweat equity" Matsushits was willing to pay, said Andy 2Roam's director of strategicc alliances and international business development. Barnee characterized all three partnership dealsx as filling out the marketing and sales side of thetechnologt company.
He added that 2Roam's firstr new customer from theHelloAsia deal, is a Japanese financial services company that generated aboutg $2 billion last Said Barnes: "It's one thing to be a householsd name. It's a another thinvg to provide (technological) support for thosde customer demands. We think that's enougjh to chew off operationally."
Friday, January 6, 2012
MVP will raise rates to ease burden of new taxes; CDPHP will hold firm - Kansas City Business Journal:
fusajacuxejilyp.blogspot.com
Thomas Combs, chief financial officefr for the Schenectady-based insurer, said the mid-year adjustmen is necessary for MVP to paythe $26 millionb in new and increased taxes it was hit with in the statwe budget and still remain profitable. It had a surpluz of $8.2 million for the firsf quarter, after a net loss of $28 million in all of 2008. The state’sx fiscal 2009-10 budget, passed in early and the deficit reduction plan enacted in February containee morethan $700 million in healt insurance taxes, including an increase in the covered livesd assessment and a new HMO premium tax. Capital Districgt Physicians’ Health Plan in Albany counted thesre as contributing factors inthe $4.
3 million net loss it reporte d for the first quarter. It had a surplus of $4.3 millio in the year-ago period. But Dr. John CEO of , said the insure r is “strong enough in other areas that we will not have to ask people to pony up more money to help uspay [the taxes].” MVP set its rated for 2009 last fall, with consideration given to trends in both medicapl and administrative costs. The goal is to achieve a 90-1o0 ratio, meaning 90 percent of every premiuk dollar is paid out in medical with 10 cents covering administrative Combs said the estimates made last year held up well in thefirst quarter.
That, plus some corporate belt-tighteninfg and a March rebound in thestock market, alloweed MVP to post the $8 million surplus. That is doubler its net income in the first quarterof 2008. As a MVP adds any surplus to policyholder With the Julyrate adjustment, MVP expectsd to maintain its profitability throughout 2009, as long as the investment markets hold steadyt and the rate increase does not drive members away, Combs said.
As of the end of MVP’s enrollment stood at 743,000 in upstate New York, Vermont and New That represents an increaseof 43,000 from a year and contributed to a 15 percent increase in HealthNow New York, the Buffalo-basexd parent of of Northeastern New York in Latham, also had highert membership, and a 13 percent increase in revenur compared to a year ago. Spokeswoman Karen Merkel-Liberatore attributed a drop in net incomwe to losseson investments. CDPHP also recorder higher revenue, of $319 millionn versus $299.5 million in the first quarterof 2008, but Bennett said that was lower than budgeted—in part because of decline in membership.
“The main factore was the soft economy,” he said. “Many people eithee dropped out of health insurance or are buyin down tocheaper products. So revenus was less than anticipated.” Bennett said the soft revenue, couplede with the taxes and risingmedical costs, all played a part in CDPHP’sd $4.3 million loss. He noted, that the insurer saw some positivde trends in the first such as lower utilization ofmedical treatments, and that the loss was actuall y less than expected.
CDPHP expects to break even by the end of the year Bennett said, “would be a big accomplishment in this
Thomas Combs, chief financial officefr for the Schenectady-based insurer, said the mid-year adjustmen is necessary for MVP to paythe $26 millionb in new and increased taxes it was hit with in the statwe budget and still remain profitable. It had a surpluz of $8.2 million for the firsf quarter, after a net loss of $28 million in all of 2008. The state’sx fiscal 2009-10 budget, passed in early and the deficit reduction plan enacted in February containee morethan $700 million in healt insurance taxes, including an increase in the covered livesd assessment and a new HMO premium tax. Capital Districgt Physicians’ Health Plan in Albany counted thesre as contributing factors inthe $4.
3 million net loss it reporte d for the first quarter. It had a surplus of $4.3 millio in the year-ago period. But Dr. John CEO of , said the insure r is “strong enough in other areas that we will not have to ask people to pony up more money to help uspay [the taxes].” MVP set its rated for 2009 last fall, with consideration given to trends in both medicapl and administrative costs. The goal is to achieve a 90-1o0 ratio, meaning 90 percent of every premiuk dollar is paid out in medical with 10 cents covering administrative Combs said the estimates made last year held up well in thefirst quarter.
That, plus some corporate belt-tighteninfg and a March rebound in thestock market, alloweed MVP to post the $8 million surplus. That is doubler its net income in the first quarterof 2008. As a MVP adds any surplus to policyholder With the Julyrate adjustment, MVP expectsd to maintain its profitability throughout 2009, as long as the investment markets hold steadyt and the rate increase does not drive members away, Combs said.
As of the end of MVP’s enrollment stood at 743,000 in upstate New York, Vermont and New That represents an increaseof 43,000 from a year and contributed to a 15 percent increase in HealthNow New York, the Buffalo-basexd parent of of Northeastern New York in Latham, also had highert membership, and a 13 percent increase in revenur compared to a year ago. Spokeswoman Karen Merkel-Liberatore attributed a drop in net incomwe to losseson investments. CDPHP also recorder higher revenue, of $319 millionn versus $299.5 million in the first quarterof 2008, but Bennett said that was lower than budgeted—in part because of decline in membership.
“The main factore was the soft economy,” he said. “Many people eithee dropped out of health insurance or are buyin down tocheaper products. So revenus was less than anticipated.” Bennett said the soft revenue, couplede with the taxes and risingmedical costs, all played a part in CDPHP’sd $4.3 million loss. He noted, that the insurer saw some positivde trends in the first such as lower utilization ofmedical treatments, and that the loss was actuall y less than expected.
CDPHP expects to break even by the end of the year Bennett said, “would be a big accomplishment in this
Wednesday, January 4, 2012
Diversity in nonprofit world is invaluable - Kansas City Business Journal:
hegenefipa.blogspot.com
To this end, MCFI is three yearss into an agencywide diversity prograjm that is yielding positivd results in terms of client staff morale andemployee recruitment. The agency providea rehabilitation services to individuals with special needa andtheir families. “We want to make diversity intertwine in the fabric ofthe organization,” said Al Hill Jr., directof of diversity, learning and development and head of the Hill leads a 15-member MCFI diversity team charged with implementinh the program.
In assembling the team, Hill recruite d employees not just ofdifferent ethnicities, genders and but also from different levels of management and nonmanagement and from differenf units within the agency. In the initiative is not “topp down,” with management directing, but “bottoj up,” with team members soliciting inpug from their peers to bring tothe “One time we even kicked Al out of the room because he was too close to an issue we were strugglinyg with,” laughed Joua Xiong, a human resources generalist and team Within Milwaukee Center for Independence, the team focusesx on education.
“Cultural competency is invaluablee when working with familiesin close-knit communities, such as Hmonf and Russian,” Hill “We help our case managers know what they need to be sensitive to.” For example, Xiong said, some Asianw feel it is disrespectful to look someonse in the eye. Russian families can be reluctant toadmit non-Russia n caregivers into their homes. “Understanding the values and practiceas of different ethnic groups helps us retaibn clients and gainnew clients,” she said.
The team distributeds an internal survey that foundthat work-lifee balance is a key concern of In response, it established a workingv parents employee resource group to explore the Also, an MCFI “buddy” program matchesw new employees with seasonerd staff members who acts as mentors. Externally the diversit team is helping to improve employee recruitment by studyin g best practices to make the center a welcomingwork “Diversity is an asset when recruiting, especially in highlty competitive fields such as physical therapy and nursing,” said Xiong.
Addex Hill, “Today’s applicants are looking at your organizationj as muchas you’re looking at They want to feel comfortable beinfg who they are in the To aid in recruitment, the team has formed alliancese with area diversity groups such as Hispanic Professionals of Greater Milwaukee, the National Black Nurses Associatiobn and several minority fraternities and In addition to a periodic newslettefr called “Diversity Corner,” the team sponsors an annual Diversityt Day.
This year’s event in April included a speaker on diversityin action; two spoken word artists performing poetry about social justice and equalitgy issues; and talks about the culture behinfd ethnic food and weariny apparel. A popular part of the evenf was “Diversity Jeopardy!”, where four employee teamsd joined inspirited competition. It is not easy to make a majo shift in the culture of an entire but diversity team membersfeel MCFI’e initiative is having an “Since I’ve been on the I’ve heard stories about how people are much more awarw of other cultures,” said Xiong, who is “I have grown tremendously professionally as well as and I am able to share my experiencesa with my family members and dispel their stereotypee about certain other cultures.
”
To this end, MCFI is three yearss into an agencywide diversity prograjm that is yielding positivd results in terms of client staff morale andemployee recruitment. The agency providea rehabilitation services to individuals with special needa andtheir families. “We want to make diversity intertwine in the fabric ofthe organization,” said Al Hill Jr., directof of diversity, learning and development and head of the Hill leads a 15-member MCFI diversity team charged with implementinh the program.
In assembling the team, Hill recruite d employees not just ofdifferent ethnicities, genders and but also from different levels of management and nonmanagement and from differenf units within the agency. In the initiative is not “topp down,” with management directing, but “bottoj up,” with team members soliciting inpug from their peers to bring tothe “One time we even kicked Al out of the room because he was too close to an issue we were strugglinyg with,” laughed Joua Xiong, a human resources generalist and team Within Milwaukee Center for Independence, the team focusesx on education.
“Cultural competency is invaluablee when working with familiesin close-knit communities, such as Hmonf and Russian,” Hill “We help our case managers know what they need to be sensitive to.” For example, Xiong said, some Asianw feel it is disrespectful to look someonse in the eye. Russian families can be reluctant toadmit non-Russia n caregivers into their homes. “Understanding the values and practiceas of different ethnic groups helps us retaibn clients and gainnew clients,” she said.
The team distributeds an internal survey that foundthat work-lifee balance is a key concern of In response, it established a workingv parents employee resource group to explore the Also, an MCFI “buddy” program matchesw new employees with seasonerd staff members who acts as mentors. Externally the diversit team is helping to improve employee recruitment by studyin g best practices to make the center a welcomingwork “Diversity is an asset when recruiting, especially in highlty competitive fields such as physical therapy and nursing,” said Xiong.
Addex Hill, “Today’s applicants are looking at your organizationj as muchas you’re looking at They want to feel comfortable beinfg who they are in the To aid in recruitment, the team has formed alliancese with area diversity groups such as Hispanic Professionals of Greater Milwaukee, the National Black Nurses Associatiobn and several minority fraternities and In addition to a periodic newslettefr called “Diversity Corner,” the team sponsors an annual Diversityt Day.
This year’s event in April included a speaker on diversityin action; two spoken word artists performing poetry about social justice and equalitgy issues; and talks about the culture behinfd ethnic food and weariny apparel. A popular part of the evenf was “Diversity Jeopardy!”, where four employee teamsd joined inspirited competition. It is not easy to make a majo shift in the culture of an entire but diversity team membersfeel MCFI’e initiative is having an “Since I’ve been on the I’ve heard stories about how people are much more awarw of other cultures,” said Xiong, who is “I have grown tremendously professionally as well as and I am able to share my experiencesa with my family members and dispel their stereotypee about certain other cultures.
”
Monday, January 2, 2012
Genmar Holdings files for bankruptcy - Business First of Columbus:
kdrummondbs37.blogspot.com
The petition to reorganize theboat builder’s debts was filed Monday afternoon in in The filing includes more than 20 of the company’s one of which is Murfreesboro-baseds Genmar Tennessee LLC. The company has a boat manufacturing and repairr facility at theMurfreesboro location. Genmarr Tennessee has from 200to 1,000 creditorsz and assets between $50,000 and $100,000. The Tennesse company’s filing lists about $750,000 in unsecured debts owed to its 20largest creditors. The parent company list its assets in the rageof $10 million to $50 milliobn and its liabilities between $100 million and $500 according to court documents.
Genmar Holdings’ only secured creditor s are and , according to a story in the MinneapoliwsStar Tribune. Genmar said it has received commitmenr fora debtor-in-possession financing proposal from both banks. In a statement, Genmar’x largest shareholder, Chairman and CEO Irwin Jacob s says sales ofthe company’s fishintg boats, luxury yachts and other productd started to decline in but worsened in recent months. The company’s sales in fiscal 2009, whicj ends in June, are likely to be aboutg $460 million, off by more than 50 percentr fromfiscal 2008, the company reports.
“I someone would have said to me as recentlyg as even one month ago that Genmaf would someday be filing forChapter 11, I woulr have said it was not even a remote Jacobs says. Genmar had been making some strategy changes in recent months and recently announces plans to launch a lineof less-expensive aluminum boats.
The petition to reorganize theboat builder’s debts was filed Monday afternoon in in The filing includes more than 20 of the company’s one of which is Murfreesboro-baseds Genmar Tennessee LLC. The company has a boat manufacturing and repairr facility at theMurfreesboro location. Genmarr Tennessee has from 200to 1,000 creditorsz and assets between $50,000 and $100,000. The Tennesse company’s filing lists about $750,000 in unsecured debts owed to its 20largest creditors. The parent company list its assets in the rageof $10 million to $50 milliobn and its liabilities between $100 million and $500 according to court documents.
Genmar Holdings’ only secured creditor s are and , according to a story in the MinneapoliwsStar Tribune. Genmar said it has received commitmenr fora debtor-in-possession financing proposal from both banks. In a statement, Genmar’x largest shareholder, Chairman and CEO Irwin Jacob s says sales ofthe company’s fishintg boats, luxury yachts and other productd started to decline in but worsened in recent months. The company’s sales in fiscal 2009, whicj ends in June, are likely to be aboutg $460 million, off by more than 50 percentr fromfiscal 2008, the company reports.
“I someone would have said to me as recentlyg as even one month ago that Genmaf would someday be filing forChapter 11, I woulr have said it was not even a remote Jacobs says. Genmar had been making some strategy changes in recent months and recently announces plans to launch a lineof less-expensive aluminum boats.
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