Reuters | Lagarde kicks off IMF campaign in Brazil Reuters By Raymond Colitt BRASILIA (Reuters) - French Finance Minister Christine Lagarde arrived in Brazil on Monday seeking to win support from one of the most influential emerging economies for her bid to the lead the International Monetary Fund. ... French Finance Minister Seeks Support for IMF Candidacy in Brazil Lagarde in Brazil to promote IMF candidacy FRANCE DAYBOOK: Lagarde Visits Brazil to Seek IMF Bid Support |
Monday, May 30, 2011
Lagarde kicks off IMF campaign in Brazil - Reuters
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Saturday, May 28, 2011
Hotel Monroe brings new boutique option downtown - Phoenix Business Journal:
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Crews are creating the 150-room in the historicf building at the intersection of Central Avenue andMonros Street. While extensive renovations areunder way, the work will preserves the building's marble, bronze and art deco "Everything on the interior will be We will soften these areas with lighting and carpet and said Todd Iacono, Hotel Monroe'd general manager. The propert y is aimed at high-end businessx travelers and visitors seeking a luxury experienc e withinthe city's central It will feature intimate meeting rooms, including a glass-wallexd penthouse conference room and about 5,000 squar feet that can be used for small-scale weddings and other gatherings.
"We will be 80 percen transient business and take advantag e of the corporate headquarters that are here We also will cater to executives who are lookinh for a central location near the airport that maked all areas of the Valleyteasily accessible," Iacono said. It's for thoser reasons downtown Phoenix is a hot spot forhotek development. The 1,000-room is on schedule to open this and the renovated and expande Phoenix Convention Center will be completed by the end ofthe "It makes perfect senser to bring these properties and build these hotels downtown.
With the investment in the Conventioh Center expansion and Valley Metrolight rail, this is goingv to bring increased business to the city'sa core. And that is obviously what the hotek development community islooking at," said Doug MacKenzie, communicationws director for the Greater Phoenix Convention Visitors Bureau. of Irvine, Calif., is redevelopinh the Luhr's Building and Luhr's Tower, at Jefferson Street and First Avenue, southg of Patriots Park. Developers have said the officed component of that project is a top but plans likely will include development of a Patriots Park and the blocks surrounding it are being redevelopedinto CityScape, a mixed-use project.
In addition to office and retailo space, that expansive project will include a combination residence and hotel property by the Novare Group, and a 250-room Hotel Palomar by the . Other CityScape tenants include AJ's Fine Foods and P.F. Chang's China Bistro. "Alll of this certainly parallels the continuing revitalization of With the residential condos and the new restaurantsand bars, we are reallyu seeing a resurgence in the city's core, and we are excited about that," MacKenzie said. Iacono said he and his colleagued are bullishabout downtown's future. They say Hotekl Monroe is different from other properties and it is not competinyg for thesame dollars.
"We are not that convention We are forthe high-enxd business traveler -- those who stay at The the Biltmore, the Royal Palms," he said. "Ands we will be the first of that type of luxury hote in the heart of the Hotel Monroe is being developed byGrace Communities, foundes by Donald and Ryan Zeleznak and Jonathon Grace Communities also is developingg downtown's 44 Monroe high-rise condo projecty at Monroe Street and First The initial work on Hotel Monroe started in 2007 and has been gainingv steam since, said construction project manage r Kevin Markham over the din of hammers and power saws.
The hotel is expected to open in phases this The lineup of food and drinkin venues will include a basemenr wine bar calledThe Vault. Guests actualluy will enter Valley's Bank's old vault via the original 10-tobn door. "We tried to move this door, and we We wanted to take it but you have to have a special floor to support its Then we looked at moving it to anothed locationdown here, but that just didn't work, either," Iaconio said. He said Hotel Monroe'd offerings also will include a high-end restaurant and lounge; the Central Diner, a bistro offering breakfast, lunch and dinner; The a 1920s-era lobby bar; and a rooftop bar.
Iacono said the hotelp will be open for business by the end of in time for high tourist andholiday season. Central A bistro offering breakfast, lunch and dinner Web:
Crews are creating the 150-room in the historicf building at the intersection of Central Avenue andMonros Street. While extensive renovations areunder way, the work will preserves the building's marble, bronze and art deco "Everything on the interior will be We will soften these areas with lighting and carpet and said Todd Iacono, Hotel Monroe'd general manager. The propert y is aimed at high-end businessx travelers and visitors seeking a luxury experienc e withinthe city's central It will feature intimate meeting rooms, including a glass-wallexd penthouse conference room and about 5,000 squar feet that can be used for small-scale weddings and other gatherings.
"We will be 80 percen transient business and take advantag e of the corporate headquarters that are here We also will cater to executives who are lookinh for a central location near the airport that maked all areas of the Valleyteasily accessible," Iacono said. It's for thoser reasons downtown Phoenix is a hot spot forhotek development. The 1,000-room is on schedule to open this and the renovated and expande Phoenix Convention Center will be completed by the end ofthe "It makes perfect senser to bring these properties and build these hotels downtown.
With the investment in the Conventioh Center expansion and Valley Metrolight rail, this is goingv to bring increased business to the city'sa core. And that is obviously what the hotek development community islooking at," said Doug MacKenzie, communicationws director for the Greater Phoenix Convention Visitors Bureau. of Irvine, Calif., is redevelopinh the Luhr's Building and Luhr's Tower, at Jefferson Street and First Avenue, southg of Patriots Park. Developers have said the officed component of that project is a top but plans likely will include development of a Patriots Park and the blocks surrounding it are being redevelopedinto CityScape, a mixed-use project.
In addition to office and retailo space, that expansive project will include a combination residence and hotel property by the Novare Group, and a 250-room Hotel Palomar by the . Other CityScape tenants include AJ's Fine Foods and P.F. Chang's China Bistro. "Alll of this certainly parallels the continuing revitalization of With the residential condos and the new restaurantsand bars, we are reallyu seeing a resurgence in the city's core, and we are excited about that," MacKenzie said. Iacono said he and his colleagued are bullishabout downtown's future. They say Hotekl Monroe is different from other properties and it is not competinyg for thesame dollars.
"We are not that convention We are forthe high-enxd business traveler -- those who stay at The the Biltmore, the Royal Palms," he said. "Ands we will be the first of that type of luxury hote in the heart of the Hotel Monroe is being developed byGrace Communities, foundes by Donald and Ryan Zeleznak and Jonathon Grace Communities also is developingg downtown's 44 Monroe high-rise condo projecty at Monroe Street and First The initial work on Hotel Monroe started in 2007 and has been gainingv steam since, said construction project manage r Kevin Markham over the din of hammers and power saws.
The hotel is expected to open in phases this The lineup of food and drinkin venues will include a basemenr wine bar calledThe Vault. Guests actualluy will enter Valley's Bank's old vault via the original 10-tobn door. "We tried to move this door, and we We wanted to take it but you have to have a special floor to support its Then we looked at moving it to anothed locationdown here, but that just didn't work, either," Iaconio said. He said Hotel Monroe'd offerings also will include a high-end restaurant and lounge; the Central Diner, a bistro offering breakfast, lunch and dinner; The a 1920s-era lobby bar; and a rooftop bar.
Iacono said the hotelp will be open for business by the end of in time for high tourist andholiday season. Central A bistro offering breakfast, lunch and dinner Web:
Wednesday, May 25, 2011
What financial crisis? Banks grow more branches - Washington Business Journal:
http://armfeeds.com/allfeeds.php?id=4
Raleigh, N.C.-based is opening two more locations inthe area. One is a 3,500-square-footf Arlington branch at 950 N. Glebe which will open early next year. The other is an officew at 1717Pennsylvania Ave. NW in scheduled to open late in the second giving First Citizens a total of fourlocap branches. The move is noteworth y because First Citizens is relatively with $16.7 billion in assetse and 343 branches, making it a bit bigget than Bethesda-based . If First Citizens undertakezs a substantial expansion in the it could have a significanty impact on theloca market.
Barbara Thompson, a company spokeswoman, wouls not say how much or how fast the bank intendz to expand in the Washington but she did say that Firs t Citizens historically has built its presencs in new markets throughbranch openings, rathert than acquisitions. The bank, which enteredf this market twoyears ago, is highly profitable at a time when many bankes are struggling. It raked in $31.89 milliobn in third-quarter profits, up 11 percent from a year First Citizens targets small and mediumjsized businesses, as well as wealthy professionalsa such as attorneys and accountants.
It also is known for lendintg tohealth care-related Another bank expanding locally is Texas-based , which openedr a branch several weeks ago in Annandales at 7140 Little River Turnpike, the third local brancj for the bank, which has $906.6 millionj in assets and caters to the Asian community and smalkl businesses. United Central, which quietlyy entered this market in held $47.26 million in local deposits as of June 30. Though the bank is expanding its profits during the thirf quarter were down 27 percentto $2.17 compared with $2.
98 million a year United Central employees who talk directly with customers are multilingual, and the bank has gainedr particular traction with the local Korean said Ali Rizvi, manager of the Springfield office. Falls Church-based also is expanding. It filed for regulatoryg approval Oct. 30 to open an Arlingtohn branch at 2300Wilson Blvd. John Marshall got approvapl Oct. 31 for a Gaithersburgy office at 12165Darnestown Road, giving the two-and-a-half-year-olc bank five total locations. The new branches come after the bank got new changed its name from Securitty One Bank and receiveda $22 millio recapitalization earlier this year.
It posted a $739,000 loss in the thirdd quarter, though banks are generallt not expected to be profitable their firstthreed years. Rockville-based filed Oct. 30 for approva to open a fourty branch, planned for 1801 E. Jefferson St. in The bank, which has $198.e million in assets, recorded a $141,000 profit durinfg the third quarter, down 58 percent from its year-earlier profitt of $333,000. plans to open its seventh branch in December at 7625Wisconsin Ave. in Bethesda. The three-year-olxd D.C.-based bank has $265.
3 million in assets and showeda $12,000 profit in the third quarter, down 89 percen from $111,000 a year Bank of Georgetown expanded considerably this opening three branches and adding a six-person loan productiobn office. Buffalo, N.Y.-based plans to open six more locations in Montgomeryt County inearly 2009, giviny it a total of 59 branches in the Washingtonb area. It has $64.2 billion in assetse and posted $115 million in net incomde during thethird quarter, down 46 percentt from a year earlier when it had a $213.y million profit. New branches aren’t necessarily indicative of current performance because they often are plannedc more than a yearin advance.
Bankse may be contractually obligated to move forward with anew location, regardleses of a market downturn.
Raleigh, N.C.-based is opening two more locations inthe area. One is a 3,500-square-footf Arlington branch at 950 N. Glebe which will open early next year. The other is an officew at 1717Pennsylvania Ave. NW in scheduled to open late in the second giving First Citizens a total of fourlocap branches. The move is noteworth y because First Citizens is relatively with $16.7 billion in assetse and 343 branches, making it a bit bigget than Bethesda-based . If First Citizens undertakezs a substantial expansion in the it could have a significanty impact on theloca market.
Barbara Thompson, a company spokeswoman, wouls not say how much or how fast the bank intendz to expand in the Washington but she did say that Firs t Citizens historically has built its presencs in new markets throughbranch openings, rathert than acquisitions. The bank, which enteredf this market twoyears ago, is highly profitable at a time when many bankes are struggling. It raked in $31.89 milliobn in third-quarter profits, up 11 percent from a year First Citizens targets small and mediumjsized businesses, as well as wealthy professionalsa such as attorneys and accountants.
It also is known for lendintg tohealth care-related Another bank expanding locally is Texas-based , which openedr a branch several weeks ago in Annandales at 7140 Little River Turnpike, the third local brancj for the bank, which has $906.6 millionj in assets and caters to the Asian community and smalkl businesses. United Central, which quietlyy entered this market in held $47.26 million in local deposits as of June 30. Though the bank is expanding its profits during the thirf quarter were down 27 percentto $2.17 compared with $2.
98 million a year United Central employees who talk directly with customers are multilingual, and the bank has gainedr particular traction with the local Korean said Ali Rizvi, manager of the Springfield office. Falls Church-based also is expanding. It filed for regulatoryg approval Oct. 30 to open an Arlingtohn branch at 2300Wilson Blvd. John Marshall got approvapl Oct. 31 for a Gaithersburgy office at 12165Darnestown Road, giving the two-and-a-half-year-olc bank five total locations. The new branches come after the bank got new changed its name from Securitty One Bank and receiveda $22 millio recapitalization earlier this year.
It posted a $739,000 loss in the thirdd quarter, though banks are generallt not expected to be profitable their firstthreed years. Rockville-based filed Oct. 30 for approva to open a fourty branch, planned for 1801 E. Jefferson St. in The bank, which has $198.e million in assets, recorded a $141,000 profit durinfg the third quarter, down 58 percent from its year-earlier profitt of $333,000. plans to open its seventh branch in December at 7625Wisconsin Ave. in Bethesda. The three-year-olxd D.C.-based bank has $265.
3 million in assets and showeda $12,000 profit in the third quarter, down 89 percen from $111,000 a year Bank of Georgetown expanded considerably this opening three branches and adding a six-person loan productiobn office. Buffalo, N.Y.-based plans to open six more locations in Montgomeryt County inearly 2009, giviny it a total of 59 branches in the Washingtonb area. It has $64.2 billion in assetse and posted $115 million in net incomde during thethird quarter, down 46 percentt from a year earlier when it had a $213.y million profit. New branches aren’t necessarily indicative of current performance because they often are plannedc more than a yearin advance.
Bankse may be contractually obligated to move forward with anew location, regardleses of a market downturn.
Monday, May 23, 2011
Fitch Ratings downgrades Sprint - Kansas City Business Journal:
cement house siding
billion of outstanding debt of Sprint and giving the company and its subsidiariesx a negativerating outlook. The downgrade involves the issuee default rating and senior unsecured notes ofOverland Park-based Sprin Nextel (NYSE: S), and , Fitch said in a Fitch also withdrew short-term debt ratings for Sprint Nextell and all ratings for subsidiaries and “Sprinrt Nextel’s downgrade is reflective of the significanft continued revenue declines primarily due to the high subscribedr losses as well as the limited visibilityg over the timing and the extentt of how overall operating trendd might improve during 2009,” Fitch said in the release.
“Inb particular, the iDEN operations have continued a sharp deterioratiohn of itsoperating metrics. Fitch believese Sprint Nextel will continue to experience challenges with stabilizing the iDEN operatinv results going forward give n itsniche appeal, the weak busines s economy and subscriber migration.” Earlier Thursday, Sprint , and a loss of 1.27 millio wireless customers, for a loss of 4.58 million subscriberss in 2008.
Fitch said that Sprint Nextekl thinks its past customer problems withcustomer care, networko quality and retail distribution “have been largely resolved” and are comparable with its peers, “thee company’s competitive position also remains weak due to laggingt perception issues, brand challenges and past advertising spend Counteracting these factors, Fitch said, is Sprint’ strong liquidity.
The negative outlook for Sprint and itssubsidiarieas “reflects Fitch’s concern with the continuede limited visibility into whether the company’s current turnaround initiatives will stabilize operating trends during 2009” and “an uncertain outcome relative to the resolution of the litigationb by January of 2010.” Sprint ranks No. 1 on the Kansasa City BusinessJournal ’sz list of area public companies.
billion of outstanding debt of Sprint and giving the company and its subsidiariesx a negativerating outlook. The downgrade involves the issuee default rating and senior unsecured notes ofOverland Park-based Sprin Nextel (NYSE: S), and , Fitch said in a Fitch also withdrew short-term debt ratings for Sprint Nextell and all ratings for subsidiaries and “Sprinrt Nextel’s downgrade is reflective of the significanft continued revenue declines primarily due to the high subscribedr losses as well as the limited visibilityg over the timing and the extentt of how overall operating trendd might improve during 2009,” Fitch said in the release.
“Inb particular, the iDEN operations have continued a sharp deterioratiohn of itsoperating metrics. Fitch believese Sprint Nextel will continue to experience challenges with stabilizing the iDEN operatinv results going forward give n itsniche appeal, the weak busines s economy and subscriber migration.” Earlier Thursday, Sprint , and a loss of 1.27 millio wireless customers, for a loss of 4.58 million subscriberss in 2008.
Fitch said that Sprint Nextekl thinks its past customer problems withcustomer care, networko quality and retail distribution “have been largely resolved” and are comparable with its peers, “thee company’s competitive position also remains weak due to laggingt perception issues, brand challenges and past advertising spend Counteracting these factors, Fitch said, is Sprint’ strong liquidity.
The negative outlook for Sprint and itssubsidiarieas “reflects Fitch’s concern with the continuede limited visibility into whether the company’s current turnaround initiatives will stabilize operating trends during 2009” and “an uncertain outcome relative to the resolution of the litigationb by January of 2010.” Sprint ranks No. 1 on the Kansasa City BusinessJournal ’sz list of area public companies.
Saturday, May 21, 2011
Threats towards 'South Park' creators - TheCelebrityCafe.com
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The Smoking Gun | Threats towards 'South Park' creators TheCelebrityCafe.com A Muslim convert is being charged for his threats towards 'South Park' creators Matt Stone and Trey Parker. Late last week a Muslim convert, Jesse Curtis Morton, was charged for communicating threats towards the creators of South Park. ... Muslim convert charged with threats to 'South Park' creators Second man charged in South Park threats in US Is there anyone left for 'South Park' to offend? |
Wednesday, May 18, 2011
Willow Glen Books buyer keeps up hope - The Business Review (Albany):
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The long-time Willow Glen resident and businessmanmsaid he’s still attempting to secure financingv to buy the 2,500-square-foot store at 1330 Lincoln Ave. in downtowhn Willow Glen even afterd an earlier deal to do sofell “I could not find adequate financing,” Vierra said of a previou s attempt to strike a deal with former book store owner, Cathyt Adkins. She decided to sell her 17-year-old shop a year earlier than originalluy planned because of decreasinf sales and having to grapple withhealthh issues. But Vierra, owner of Flooring Forenics, a San Jose floorinh consulting firm, said he’s not giving up.
He’ds still trying to secure a commercial bank loan or attract the interestof investors. “I am so close to my childhoocd dream of owning abook store,” he “This is something I have alwayas wanted to do. I have gottebn great support from the bookselling community and the Willow Glen community is willing to supporta local, independenrt book store. It has a great reputation throughout SantaClara County.” Adkins held a going-out-of-busines sale and finally closed its doors in late May, but said at the time she hopefd to pass the ownership baton to Vierra.
But sinc then, the store has been closed anda “for lease” sign put up in its Vierra said the owner of the building is willing to be patienyt while he works to get adequated financial backing to reopen the bookstore.
The long-time Willow Glen resident and businessmanmsaid he’s still attempting to secure financingv to buy the 2,500-square-foot store at 1330 Lincoln Ave. in downtowhn Willow Glen even afterd an earlier deal to do sofell “I could not find adequate financing,” Vierra said of a previou s attempt to strike a deal with former book store owner, Cathyt Adkins. She decided to sell her 17-year-old shop a year earlier than originalluy planned because of decreasinf sales and having to grapple withhealthh issues. But Vierra, owner of Flooring Forenics, a San Jose floorinh consulting firm, said he’s not giving up.
He’ds still trying to secure a commercial bank loan or attract the interestof investors. “I am so close to my childhoocd dream of owning abook store,” he “This is something I have alwayas wanted to do. I have gottebn great support from the bookselling community and the Willow Glen community is willing to supporta local, independenrt book store. It has a great reputation throughout SantaClara County.” Adkins held a going-out-of-busines sale and finally closed its doors in late May, but said at the time she hopefd to pass the ownership baton to Vierra.
But sinc then, the store has been closed anda “for lease” sign put up in its Vierra said the owner of the building is willing to be patienyt while he works to get adequated financial backing to reopen the bookstore.
Monday, May 16, 2011
Well: Taking Measure of Weight-Loss Plans, and the Studies of Them - New York Times (blog)
http://wydawnictwoliterackie.pl/pp.php?ID=rozwiniecie&ID2=48
New York Times (blog) | Well: Taking Measure of Weight-Loss Plans, and the Studies of Them New York Times (blog) She noted that studies of Weight Watchers also paid for program fees, although free food was not provided. “I don't think it's normal for clinical trials to make people pay to be in the trial,†she said. “Would I like it better if there was a lot more ... |
Saturday, May 14, 2011
Kansas City Business Journal: Frequently Asked Questions
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A. Although we reference this in ourPrivacyh Policy, we have never sold/rented/shared our registered user data with any thirfd parties, and do not plan on doing so in the If you would like to be added to our Privacgy list, please and let us know. Q. How do I unsubscribw from any or all of the email newsletters I receivefrom bizjournals? A. Please visitr our unsubscribe page, locatecd Q. I have signed up to receive email newsletter sfrom bizjournals, but have not startede receiving them. Is there something wrong with myaccount ? A.
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I never received instructions on how to confirmm and activate myaccount changes. A. you should check with your IT/Technicao Support group to ensure emailsfrom bizjournals.cokm are not being filtered by the server at your If no filters are in place, please fill out our "help " form, . Q. How do I change my emailk address, so I can continue to receive emailk newslettersfrom bizjournals? A. Pleasde click . Q. What is my password? A. To ensure your privacy, we do not keep passwordxs on file. Please use the " " link locatee on the " " page. Q. I've triesd using the "forgotten your password" link however I never received the email with instructions on how to set up anew A.
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Thursday, May 12, 2011
NGL Energy Partners Prices 3.5 Mln Unit IPO At $21/unit, Top End Of Range - RTT News
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NGL Energy Partners Prices 3.5 Mln Unit IPO At $21/unit, Top End Of Range RTT News (RTTNews) - NGL Energy Partners LP (NGL: News ) announced Wednesday that it has priced its initial public offering of 3.5 million common units at the top end of its estimated offering price range at $21.00 per unit, seeking to raise proceeds of about ... NGL Energy Partners LP Announces Pricing of Initial Public Offering |
Monday, May 9, 2011
Dow falls 15.87 points; US Gold leads Colorado gainers - Denver Business Journal:
http://danschimmel.org/why1.html
The Dow’s drop was small falling 15.87 points, or 0.19 percenf — and the other indices didn’ty gain much ground into positive territory. The S&P 500 closedd at 921.23, up 2.86 pointsw (0.31 percent). The NASDAQ Composite finished at up 19.75 points (1.0i9 percent). Among actively traded Colorado stocks, US Gold (UXG) led the day’ss gainers, up 8.68 percent (19 cents) to closwe at $2.38. • Ascent Sola Technologies Inc. (ASTI) — Up 8.58 percent (60 cents) to $7.59. Kodiak Oil & Gas (KOG) — Up 8.02 percent (less than 1 to $1.08. • Delta Petroleum Corp. — Up 7.46 percent (15 cents) to • Ciber Inc. (CBR) Up 3.
88 percent (12 cents) to $3.21. Among activelyt traded Colorado stocks thatdeclinede Friday, Level 3 Communications (LVLT) recorderd the biggest drop, falling 8.4 percent, or 11 to close at
The Dow’s drop was small falling 15.87 points, or 0.19 percenf — and the other indices didn’ty gain much ground into positive territory. The S&P 500 closedd at 921.23, up 2.86 pointsw (0.31 percent). The NASDAQ Composite finished at up 19.75 points (1.0i9 percent). Among actively traded Colorado stocks, US Gold (UXG) led the day’ss gainers, up 8.68 percent (19 cents) to closwe at $2.38. • Ascent Sola Technologies Inc. (ASTI) — Up 8.58 percent (60 cents) to $7.59. Kodiak Oil & Gas (KOG) — Up 8.02 percent (less than 1 to $1.08. • Delta Petroleum Corp. — Up 7.46 percent (15 cents) to • Ciber Inc. (CBR) Up 3.
88 percent (12 cents) to $3.21. Among activelyt traded Colorado stocks thatdeclinede Friday, Level 3 Communications (LVLT) recorderd the biggest drop, falling 8.4 percent, or 11 to close at
Saturday, May 7, 2011
Cruise industry convention returns to Miami Beach - South Florida Business Journal:
esivyjifag.wordpress.com
The annual event, formerly known and the , marks its 25th A conference for cruise industry leaderz will run simultaneously with a tradse show featuringabout 1,000 exhibitorsw from 109 countries, spokesman Buck Banks said. “We expectf to see about 11,000 people come through the doora over the course of thefour days,” he This year, the show will take up four largee rooms at the convention center, up from three last year, Banks said. Exhibitores will sell all manner of goods for use in the hesaid – from curtains to towelzs to casino equipment. “It’s everything you can from the top of the smokestack to the bottom of the Banks noted.
Top cruis industry executives are scheduled to speak Tuesdaty morning ata “state of the seminar. Those executives include Gerald R. Cahill, president and CEO of ; Adam M. president and CEO of ; Daniel J. president and CEO of and ; Stei n Kruse, president and CEO of ; and Kevibn Sheehan, CEO of The convention is workint with 19 hotels this year tohouse attendees, but show organizerw did not immediately know how many guestse have booked rooms. Though the show is not well knowh by thegeneral public, it has significant economic implicationd for the area, said William president and CEO of the .
In about 720,000 of Miami-Dade County’s nearly 12 million overnight hotel visitors came because of thecruise industry, he The Miami Cruise Shipping event is “a majo r meeting in this community,” Talbert said. “It’s natural becauses Miami is the cruise capital ofthe world.” For more information on the event, clickl .
The annual event, formerly known and the , marks its 25th A conference for cruise industry leaderz will run simultaneously with a tradse show featuringabout 1,000 exhibitorsw from 109 countries, spokesman Buck Banks said. “We expectf to see about 11,000 people come through the doora over the course of thefour days,” he This year, the show will take up four largee rooms at the convention center, up from three last year, Banks said. Exhibitores will sell all manner of goods for use in the hesaid – from curtains to towelzs to casino equipment. “It’s everything you can from the top of the smokestack to the bottom of the Banks noted.
Top cruis industry executives are scheduled to speak Tuesdaty morning ata “state of the seminar. Those executives include Gerald R. Cahill, president and CEO of ; Adam M. president and CEO of ; Daniel J. president and CEO of and ; Stei n Kruse, president and CEO of ; and Kevibn Sheehan, CEO of The convention is workint with 19 hotels this year tohouse attendees, but show organizerw did not immediately know how many guestse have booked rooms. Though the show is not well knowh by thegeneral public, it has significant economic implicationd for the area, said William president and CEO of the .
In about 720,000 of Miami-Dade County’s nearly 12 million overnight hotel visitors came because of thecruise industry, he The Miami Cruise Shipping event is “a majo r meeting in this community,” Talbert said. “It’s natural becauses Miami is the cruise capital ofthe world.” For more information on the event, clickl .
Thursday, May 5, 2011
Orange Park company to lay off 88 - Jacksonville Business Journal:
http://newriversailandpowersquadron.org/Meetings__Classes___Events/New_River_News___Announcements/new_river_news___announcements.html
“We’re going through a major consolidation,” said Dodie Blatherwick, the interimn director of operations for Quantumm inOrange Park. “And we’re lettingg a lot of people go as it and Safetran, the parent companies of Quantumm Engineering, are combining their two officews in Northeast Florida into a single engineering location in Baymeadows. All of the manufacturing operationsz will now be run out of its corporate headquartersin Ky. Eighty eight out of the 100 employees from the Orange Park offices on Stowe Avenue will be laid off durinvgthe process. Any employees left after the summeer will transfer over to the office onBaymeadowx Road.
Quantum notified the state's Agency for Workforc e Innovation of thecuts Monday. “Thr business has taken a significant Blatherwick said. “It doesn’tt make sense to keep multipleroperations open.” Established in 1988, the company buildes and provides technology products for the railroads industry, and since CSX has experiences some difficulties during the economy in Quantum is suffering as “CSX is a major Blatherwick said. “They are sidelining a lot of rail cars and asthey do, that hurtsz us.” The employees were notified of the mass lay off back in but the first cuts won’t occur until July 24.
In the meantime, Quantum has contacter the Clay County branch of WorkSource and askedc its emergency response team to come in andprovidse job-seeking services to its employeew before the cuts. They should begin training withibn the next coupleof weeks.
“We’re going through a major consolidation,” said Dodie Blatherwick, the interimn director of operations for Quantumm inOrange Park. “And we’re lettingg a lot of people go as it and Safetran, the parent companies of Quantumm Engineering, are combining their two officews in Northeast Florida into a single engineering location in Baymeadows. All of the manufacturing operationsz will now be run out of its corporate headquartersin Ky. Eighty eight out of the 100 employees from the Orange Park offices on Stowe Avenue will be laid off durinvgthe process. Any employees left after the summeer will transfer over to the office onBaymeadowx Road.
Quantum notified the state's Agency for Workforc e Innovation of thecuts Monday. “Thr business has taken a significant Blatherwick said. “It doesn’tt make sense to keep multipleroperations open.” Established in 1988, the company buildes and provides technology products for the railroads industry, and since CSX has experiences some difficulties during the economy in Quantum is suffering as “CSX is a major Blatherwick said. “They are sidelining a lot of rail cars and asthey do, that hurtsz us.” The employees were notified of the mass lay off back in but the first cuts won’t occur until July 24.
In the meantime, Quantum has contacter the Clay County branch of WorkSource and askedc its emergency response team to come in andprovidse job-seeking services to its employeew before the cuts. They should begin training withibn the next coupleof weeks.
Monday, May 2, 2011
Eddie Bauer files Chapter 11 - St. Louis Business Journal:
lamoreuuceses1724.blogspot.com
The retailer said it has strucka $202 million asset purchase agreement with an affiliated of of New York. That deal is subjec to an auction and bankruptcy court In its bankruptcycourt filing, the Seattle-basede company listed assets of $476 million and debts of $427 million. Eddie Bauer (NASDAQ:EBHI) runs a dozen stores in Ohio, including three in Centraol Ohio. It also operates a 2.2 million-square-foot distribution center in The company this year cut 70 jobs at theshippinfg center, which employed about 500 workers before the stafv reduction. CCMP said it intenda to keep most ofthe company’s 370 storesw and other operations open.
Eddie Bauer has struggled with its debt a crisis that worsened when revenuew dropped as the recession took its tollon consumers. The companty lost nearly $500 million in the past threer years. Those losses, coupled with the effect of the recessio n and debt payments pushed the companhy into bankruptcycourt – a move that had been rumorec for months. The company lost $165.5 million on $1.022 billion in revenue last year. Eddie Bauer is no stranged to bankruptcy. Six years ago, Spiege l Inc., which had owned the company since 1988, filec for bankruptcy protection. And as part of the the company famous forits women’s wear catalog gave creditor its stake in Eddie Bauer.
The company in 2005 emergeed as a standalone business for the first time in more than 30 years and carrieda $300 millionn senior secured term loan and the task of rebuildinf a brand. Company executives have said the debt terms from the Spiegelk bankruptcy case have continued to hamper efforte to turn aroundEddie Bauer.
The retailer said it has strucka $202 million asset purchase agreement with an affiliated of of New York. That deal is subjec to an auction and bankruptcy court In its bankruptcycourt filing, the Seattle-basede company listed assets of $476 million and debts of $427 million. Eddie Bauer (NASDAQ:EBHI) runs a dozen stores in Ohio, including three in Centraol Ohio. It also operates a 2.2 million-square-foot distribution center in The company this year cut 70 jobs at theshippinfg center, which employed about 500 workers before the stafv reduction. CCMP said it intenda to keep most ofthe company’s 370 storesw and other operations open.
Eddie Bauer has struggled with its debt a crisis that worsened when revenuew dropped as the recession took its tollon consumers. The companty lost nearly $500 million in the past threer years. Those losses, coupled with the effect of the recessio n and debt payments pushed the companhy into bankruptcycourt – a move that had been rumorec for months. The company lost $165.5 million on $1.022 billion in revenue last year. Eddie Bauer is no stranged to bankruptcy. Six years ago, Spiege l Inc., which had owned the company since 1988, filec for bankruptcy protection. And as part of the the company famous forits women’s wear catalog gave creditor its stake in Eddie Bauer.
The company in 2005 emergeed as a standalone business for the first time in more than 30 years and carrieda $300 millionn senior secured term loan and the task of rebuildinf a brand. Company executives have said the debt terms from the Spiegelk bankruptcy case have continued to hamper efforte to turn aroundEddie Bauer.
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