Spooky Action At A Temporal Distance Seeking Alpha The parallels of the current equity market rally to the August 2010-February 2011 rally following Chairman Bernanke's hints about QE2 (a parallel I mentioned first about a month ago here) continue to mount. I can't call yesterday's rally (a mere 0.1% ... |
Tuesday, February 28, 2012
Spooky Action At A Temporal Distance - Seeking Alpha
http://sourcepowered.net/restaurateurs-join-call-to-lift-ma-gift-ban
Sunday, February 26, 2012
Nelson Mandela in "satisfactory condition" after hernia surgery - CNN
http://www.the-teamwork.com/cgi-bin/productfn/pdt-product-lst-pdttypercserialnum102pageptr3.html
CBC.ca | Nelson Mandela in "satisfactory condition" after hernia surgery CNN South African anti-apartheid icon Nelson Mandela successfully underwent hernia surgery Saturday, a family member told CNN Saturday. Mandela was "comforta ble" and in "a satisfactory condition" Saturday, said the South African president, who referred to ... Nelson Mandela leaves hospital after successful operation |
Friday, February 24, 2012
Antigenics boosted by Glaxo malaria trials - Triangle Business Journal:
ivyhofy.wordpress.com
Under the terms of the license and supply agreementd announced in July GSK (NYSE: GSK) will make payments contingent upon successfukl milestone achievements and will pay royalties to Antigenics on net sales for a period of at least 10 years after the vaccine’s first commercia sale. Antigenics said recent Phase 2 malariaq studiesshowed that, over an eight-month follow-up its so-called RTS,S component reduced clinical episodes of malariz by 53 percent and had a promising safetyy and tolerability profile when used alongside standard infant vaccines. If results of the Phases 3 studyare positive, GSK plans to submift applications for regulatory approval in 2011.
If RTS,S could be introducedc in 2012 for babies aged 5 monthd to17 months. GSK officials said if the drug is approveds for use in infants and recommended by international and Africanbhealth organizations, the company coul d make the vaccine more widely available by 2014. Investoras responded positively tothe news, buoyingb Antigenic’s (NASDAQ: AGEN) stock over 8 percent in mornin g trading Wednesday to $2.10 a up from $1.94 at the previous day’ws close.
Under the terms of the license and supply agreementd announced in July GSK (NYSE: GSK) will make payments contingent upon successfukl milestone achievements and will pay royalties to Antigenics on net sales for a period of at least 10 years after the vaccine’s first commercia sale. Antigenics said recent Phase 2 malariaq studiesshowed that, over an eight-month follow-up its so-called RTS,S component reduced clinical episodes of malariz by 53 percent and had a promising safetyy and tolerability profile when used alongside standard infant vaccines. If results of the Phases 3 studyare positive, GSK plans to submift applications for regulatory approval in 2011.
If RTS,S could be introducedc in 2012 for babies aged 5 monthd to17 months. GSK officials said if the drug is approveds for use in infants and recommended by international and Africanbhealth organizations, the company coul d make the vaccine more widely available by 2014. Investoras responded positively tothe news, buoyingb Antigenic’s (NASDAQ: AGEN) stock over 8 percent in mornin g trading Wednesday to $2.10 a up from $1.94 at the previous day’ws close.
Wednesday, February 22, 2012
Brown & Toland posts 2008 operating profit of $10.2M - Memphis Business Journal:
stages-paddocks.blogspot.com
million in operating profit last year on revenudeof $236.3 million, with profitability dipping from the priore year, but revenue staying The group, which handles contracting for independent medicapl practices in and near San Francisco, release d the information to the San Franciscpo Business Times on Friday, but officialas were not immediately available to answer questions. Brow n & Toland said the results show thatit “remainse one of California’s most financiallu successful and stable independent practice associations,” postingv strong earnings for nine straight years.
That boast is hard to since very few medical groups or IPAs in the state or nationm releasefinancial results. Brown Toland’s Bay Area rival, San Ramon-based , is one of those few. In late May, Hill announced that it sufferec a net lossof $4.4 million last due to unrealized investment losses of $7.4 million, while generatingt $420 million in 2008 HMO revenue, most of which was distributee to 2,600 participating doctors in the East Bay, the Sacramentko area, San Joaquin and elsewhered in the region. The San Ramon-based group posteed $3 million in 2008 operating income.
Brown Toland’s numbers held fairly steady, althoughj operating income fell 15 percent last from 2007’s $12 million to last year’s $10.2 million. Revenue was almos identical, totaling $236.2 million last year vs. $235 millionn in 2007. Two years ago, Brown & Tolanxd reported net income of $3.3e million on revenue of nearly $222 In other financial news, Brown Toland said it will distribute $10.7 million in physician bonusesthis year, compared to $8.2 million in bonus payments last year and $7.2 milliobn in 2007, according to earlier financial statementse by the group. Officials also said Fridayy that the group adjusted its physician compensationschedule Jan.
1, increasingg fees based on 2008 Medicare That adjustment will result in anadditionalp $5.2 million in compensation to member doctors this “We are continuing our strong financial performance and our enhancemengt of physician practice solutions to our physicians,” Gloriz Austin, Brown & Toland’s chief executive officer, said in the emailed statement to the Business Times .
Austin said in the June 12 statemenr that the group continued last year to deployt new electronic tools inphysician offices, and expanded its clinical-results-reportinb database, giving Brown & Toland doctorxs access to more than 41 million clinical results on Brown & Toland has spent more than $12 million to date on its electronicd health records system and relate d initiatives, not including “ongoing technical and practice support” providedx to member doctor’s practices, officials Brown & Toland’s doctors see close to 170,000p HMO enrollees and 160,000 preferred-provider organization or PPO patients.
million in operating profit last year on revenudeof $236.3 million, with profitability dipping from the priore year, but revenue staying The group, which handles contracting for independent medicapl practices in and near San Francisco, release d the information to the San Franciscpo Business Times on Friday, but officialas were not immediately available to answer questions. Brow n & Toland said the results show thatit “remainse one of California’s most financiallu successful and stable independent practice associations,” postingv strong earnings for nine straight years.
That boast is hard to since very few medical groups or IPAs in the state or nationm releasefinancial results. Brown Toland’s Bay Area rival, San Ramon-based , is one of those few. In late May, Hill announced that it sufferec a net lossof $4.4 million last due to unrealized investment losses of $7.4 million, while generatingt $420 million in 2008 HMO revenue, most of which was distributee to 2,600 participating doctors in the East Bay, the Sacramentko area, San Joaquin and elsewhered in the region. The San Ramon-based group posteed $3 million in 2008 operating income.
Brown Toland’s numbers held fairly steady, althoughj operating income fell 15 percent last from 2007’s $12 million to last year’s $10.2 million. Revenue was almos identical, totaling $236.2 million last year vs. $235 millionn in 2007. Two years ago, Brown & Tolanxd reported net income of $3.3e million on revenue of nearly $222 In other financial news, Brown Toland said it will distribute $10.7 million in physician bonusesthis year, compared to $8.2 million in bonus payments last year and $7.2 milliobn in 2007, according to earlier financial statementse by the group. Officials also said Fridayy that the group adjusted its physician compensationschedule Jan.
1, increasingg fees based on 2008 Medicare That adjustment will result in anadditionalp $5.2 million in compensation to member doctors this “We are continuing our strong financial performance and our enhancemengt of physician practice solutions to our physicians,” Gloriz Austin, Brown & Toland’s chief executive officer, said in the emailed statement to the Business Times .
Austin said in the June 12 statemenr that the group continued last year to deployt new electronic tools inphysician offices, and expanded its clinical-results-reportinb database, giving Brown & Toland doctorxs access to more than 41 million clinical results on Brown & Toland has spent more than $12 million to date on its electronicd health records system and relate d initiatives, not including “ongoing technical and practice support” providedx to member doctor’s practices, officials Brown & Toland’s doctors see close to 170,000p HMO enrollees and 160,000 preferred-provider organization or PPO patients.
Monday, February 20, 2012
Poll: Obama lagging in Iowa - Dubuque Telegraph Herald
xoqylyjibo.wordpress.com
Daily Beast | Poll: Obama lagging in Iowa Dubuque Telegraph Herald DES MOINES -- The latest Iowa Poll shows three of the four Republican candidates leading President Barack Obama if the general election were held today. The poll, released by The Des Moines Register on Saturday night, shows Rep. Ron Paul, of Texas, ... Iowa not so hot for Obama these days |
Saturday, February 18, 2012
MMAC: Milwaukee-area economy still sluggish - Memphis Business Journal:
ysynut.wordpress.com
Only three of 20 Apri l indicators registered improvementfrom year-ago levels, matchinyg the number of upward-pointing indicators recordex in March, the MMAC said in its Economicf Trends report. "The employment situation continued to deteriorates with deepening job declines and unemployment indicators over double what they were one year saidBret Mayborne, economic research director for the MMAC. "Buyt metro area existing homes sales rose for only the secon time in nearly three years givint some hopefor near-term improvement in a stagnanft local housing and real estate market." Nonfark employment in the metro area fell 4.8 percenr in April to 812,300, down from March’s 4.
3 percenr decrease. Employment levels have now decliner comparedwith year-ago levels in each of the past 12 with April’s decline being the steepest registerefd in this period, the MMAC said. Only two of 10 major industry sectors registered April job gains compared with oneyear ago, while eight registered declines. Unemployment indicators for the metro area both measured more than twic etheir year-earlier levels. The number of unemployeds in metro Milwaukeerose 117.6% against year-agl levels, to 70,300 compared with 32,3090 in April 2008. Likewise, new unemployment compensation claims rose ata 104.
6 percent rate in April to 12,101, this indicator’a third consecutive year-over-year increase of 100 percent or On the positive side, existing homez sales for the metro area rose 5.6 percent in April, the first year-over-year increase in this indicatot in seven months and only the second such gain in nearl y three years.
Only three of 20 Apri l indicators registered improvementfrom year-ago levels, matchinyg the number of upward-pointing indicators recordex in March, the MMAC said in its Economicf Trends report. "The employment situation continued to deteriorates with deepening job declines and unemployment indicators over double what they were one year saidBret Mayborne, economic research director for the MMAC. "Buyt metro area existing homes sales rose for only the secon time in nearly three years givint some hopefor near-term improvement in a stagnanft local housing and real estate market." Nonfark employment in the metro area fell 4.8 percenr in April to 812,300, down from March’s 4.
3 percenr decrease. Employment levels have now decliner comparedwith year-ago levels in each of the past 12 with April’s decline being the steepest registerefd in this period, the MMAC said. Only two of 10 major industry sectors registered April job gains compared with oneyear ago, while eight registered declines. Unemployment indicators for the metro area both measured more than twic etheir year-earlier levels. The number of unemployeds in metro Milwaukeerose 117.6% against year-agl levels, to 70,300 compared with 32,3090 in April 2008. Likewise, new unemployment compensation claims rose ata 104.
6 percent rate in April to 12,101, this indicator’a third consecutive year-over-year increase of 100 percent or On the positive side, existing homez sales for the metro area rose 5.6 percent in April, the first year-over-year increase in this indicatot in seven months and only the second such gain in nearl y three years.
Thursday, February 16, 2012
Putin Risks Bobsled Ride, Despite Warning - RIA Novosti
fusajacuxejilyp.blogspot.com
Putin Risks Bobsled Ride, Despite Warning RIA Novosti MOSCOW, February 16 (RIA Novosti) - He has dived to the bottom of Lake Baikal, flown a fighter jet and recently took up ice hockey. On Thursday Vladimir Putin, 59, looked to beef up his action man image by riding on a sled. The Russian prime minister ... |
Tuesday, February 14, 2012
Meriwest and Golden Bay credit unions to merge - East Bay Business Times:
iwyqaxewun.wordpress.com
billion-asset institution. By majority vote the members of Golde Bay Federal Credit Union approved the proposal to merge with MeriwesyCredit Union, making this one of the largest credit uniob mergers in Northern California. Meriwest Credit Union will be thesurvivinbg entity. The combined entity will have 19 brancheds in theBay Area, including two East Bay in Dublin and San Ramon. Meriwest also has two branchesdin Tucson, Ariz. "This new organization will combinethe people, branches, and the capabilitg of two successful credit unions.
" Christopher Owen, presidenft and CEO of Meriwest Credit Union, said in a Meriwest Credit Union is among the top 100 credit unions in the natiohn and the fifth-largest credit union in the Silicon Valleyu market. Meriwest reported net income of $1.7 million in the first half of 2007. Golden Bay Federal Credit Union was establishes in 1957 to serve employees of the atMoffety Field, California. Golden Bay reported $375,300 in net income in the firsty half ofthis year. The crediy unions expect to complete the mergerconversion Dec. 1.
billion-asset institution. By majority vote the members of Golde Bay Federal Credit Union approved the proposal to merge with MeriwesyCredit Union, making this one of the largest credit uniob mergers in Northern California. Meriwest Credit Union will be thesurvivinbg entity. The combined entity will have 19 brancheds in theBay Area, including two East Bay in Dublin and San Ramon. Meriwest also has two branchesdin Tucson, Ariz. "This new organization will combinethe people, branches, and the capabilitg of two successful credit unions.
" Christopher Owen, presidenft and CEO of Meriwest Credit Union, said in a Meriwest Credit Union is among the top 100 credit unions in the natiohn and the fifth-largest credit union in the Silicon Valleyu market. Meriwest reported net income of $1.7 million in the first half of 2007. Golden Bay Federal Credit Union was establishes in 1957 to serve employees of the atMoffety Field, California. Golden Bay reported $375,300 in net income in the firsty half ofthis year. The crediy unions expect to complete the mergerconversion Dec. 1.
Saturday, February 11, 2012
In-Stat/MDR study shows changing consumer attitudes - Phoenix Business Journal:
meaning-sarajevo.blogspot.com
"In a time of intense competitionm andindustry consolidation, consumers' perceptiona of their wireless carriers are critical factorsz in the battle for market said Clint Wheelock, director of In-Stat/MDR's Wireles s group. "While the industry'xs service levels remain strong in severalkey areas, therw are a number of opportunities for improvementr in quality of service and customer as subscribers grow increasingly willing to switch carriers in the pursuit of better service.
" The stud also found that Sprint subscribers have the longesr average tenure and T-Mobile subscribers have the Verizon Wireless subscribers were the most impressed with theif provider's quality of service. Wireless phone providers shouls alsotake note, In-Stat/MDR researchers that consumers' willingness to switch provider has increased dramatically in the past year, with nearlgy 20 percent of surveyy respondents having stated that they "definitely will" or "probably switch in the next 12 compared with only 14.5 percent in July 2003.
In-Stat/MDR offerd information resources and analytical assetsz totechnology vendors, service providers, technology and market specialists worldwide. For more: .
"In a time of intense competitionm andindustry consolidation, consumers' perceptiona of their wireless carriers are critical factorsz in the battle for market said Clint Wheelock, director of In-Stat/MDR's Wireles s group. "While the industry'xs service levels remain strong in severalkey areas, therw are a number of opportunities for improvementr in quality of service and customer as subscribers grow increasingly willing to switch carriers in the pursuit of better service.
" The stud also found that Sprint subscribers have the longesr average tenure and T-Mobile subscribers have the Verizon Wireless subscribers were the most impressed with theif provider's quality of service. Wireless phone providers shouls alsotake note, In-Stat/MDR researchers that consumers' willingness to switch provider has increased dramatically in the past year, with nearlgy 20 percent of surveyy respondents having stated that they "definitely will" or "probably switch in the next 12 compared with only 14.5 percent in July 2003.
In-Stat/MDR offerd information resources and analytical assetsz totechnology vendors, service providers, technology and market specialists worldwide. For more: .
Thursday, February 9, 2012
Andreessen, Horowitz venture fund may be good news, if you're in the right ZIP code - bizjournals:
bentlyoupapa1810.blogspot.com
Netscape founder Marc Andreessen and his longtimebusinesa partner, Ben Horowitz, are forming a new VC firm with a focua on Silicon Valley tech companies. Andreessen writes that the firm will back companiess with strong technical founders who want to be the CEOs of thecompaniexs they’re founding. He wouldn’t rule out companiesx outside Silicon Valley, but, “Wed do not think it is an accident that is inMountaij View, Facebook is in Palo Alto, and Twitter is in San We also think that venture capital is a high toucy activity that lends itself to geographic proximity, and our only offic e will be in Silicon Valley,” Andreesseh writes on his .
The new firm comes at a time when some are sayinv the industry needs to not grow. But Andreessen and Horowitz found $300 millionm from mostly institutional investors for their first fund. The firm, will invest aggressively in seed-stage startups in the hundred of thusandsof dollars, but will also invest in later stage funding rounds for promising growthn companies. Consumer internet, cloud computing for mobile softwareand services, and software-powered consumer electronics are among the areazs that will draw investments from the new “Across all of thesr categories, we are completely unafraid of all of the new busines models,” Andreessen writes.
“We believe that many vibrant new form s of information technology are expressing themselves into marketa in entirelynew ways.” And Andreesse n was equally emphatic about where his firm wouldn’t be . "We are almosr certainly not an appropriate investor for any of thefollowing 'clean,' 'green,' energy, transportation, life sciences drug design, medical devices), nanotech, movie productionj companies, consumer retail, electric cars, rockety ships, space elevators. We do not have the firs clue about any ofthese Andreessen-Horowitz will have the capacity to invest anywherw from $50,000 to $50 million in new companies.
He said that at leastr initially he and Horowitz would be the only two generalk partners inthe company, and they would be selective about the portfolio companies whose boards they join – generall y limiting that level of involvement to firmsz in which Andreessen-Horowitz have a $5 million or more Andreessen believes his and Horowitz’w records as entrepreneurs will make them ideal venture “We have built companies, from scratch, to high scalde -- thousands of employees and hundredws of millions of dollars of annual In short, we have done it ourselves.
And we are buildingf our firm to be the firm we wouldf want to work with asentrepreneurs ourselves,” Andreessehn writes. Andreessen founded the pioneering web browsetcompany , which was later sold to . Since he and Horowitz launched , a tech servics provider sold toin 2007. Netscape and Opswared sold for acombine $11.7 billion. The two have been activw investors in the tech spacwesince then. They’ve angel invested in 45 tech startups in the last five and Andreessen serves as chairman of and on the boards of Facebookiand eBay. Word that the pair would be formint their own venture capital firm was broke n on the Charlie Rose showin February. But detail s came on Monday.
The pair had initiallyy planned onraising $250 milliom for the fund, but investor interesty prompted them to boost the BusinessWeek . The news magazine reports thatReid Hoffman, founder of sociaol networking site LinkedIn, is among the investors in the which raised most of its moneu from institutional investors. Andreessen-Horowitz launche at a tough time for the venture capital one in which some are saying the industry needxsto shrink, not grow. Venture capital, like the rest of the financialk industry, has been hit hard by the economicf downturn. Venture firms make money when their portfoliop companiesgo public, or are sold to larger companies.
But the IPO marke has been anemic inrecent months, makinbg profitable exits more difficult to A recent argues that the industry needsw to trim down to regain effectiveness. "The ventured industry needs to shrink its way to becomingy an economic forceonce again," said Robertf E. Litan, vice president of Researcb and Policy at theKauffmam Foundation. “To provide competitive returns, we expectf venture investing will be cut in half in coming At thesame time, lowering valuationws and improving overall exit multipled should help resuscitate the The Kauffman study finds that despite such high-profil success stories as Google and , venturde firms have relatively little to do with most new Only about 16 percent of the 900 companies on the Inc.
500 list of fastesty growing companiesfrom 1997-2007 had venture backing.
Netscape founder Marc Andreessen and his longtimebusinesa partner, Ben Horowitz, are forming a new VC firm with a focua on Silicon Valley tech companies. Andreessen writes that the firm will back companiess with strong technical founders who want to be the CEOs of thecompaniexs they’re founding. He wouldn’t rule out companiesx outside Silicon Valley, but, “Wed do not think it is an accident that is inMountaij View, Facebook is in Palo Alto, and Twitter is in San We also think that venture capital is a high toucy activity that lends itself to geographic proximity, and our only offic e will be in Silicon Valley,” Andreesseh writes on his .
The new firm comes at a time when some are sayinv the industry needs to not grow. But Andreessen and Horowitz found $300 millionm from mostly institutional investors for their first fund. The firm, will invest aggressively in seed-stage startups in the hundred of thusandsof dollars, but will also invest in later stage funding rounds for promising growthn companies. Consumer internet, cloud computing for mobile softwareand services, and software-powered consumer electronics are among the areazs that will draw investments from the new “Across all of thesr categories, we are completely unafraid of all of the new busines models,” Andreessen writes.
“We believe that many vibrant new form s of information technology are expressing themselves into marketa in entirelynew ways.” And Andreesse n was equally emphatic about where his firm wouldn’t be . "We are almosr certainly not an appropriate investor for any of thefollowing 'clean,' 'green,' energy, transportation, life sciences drug design, medical devices), nanotech, movie productionj companies, consumer retail, electric cars, rockety ships, space elevators. We do not have the firs clue about any ofthese Andreessen-Horowitz will have the capacity to invest anywherw from $50,000 to $50 million in new companies.
He said that at leastr initially he and Horowitz would be the only two generalk partners inthe company, and they would be selective about the portfolio companies whose boards they join – generall y limiting that level of involvement to firmsz in which Andreessen-Horowitz have a $5 million or more Andreessen believes his and Horowitz’w records as entrepreneurs will make them ideal venture “We have built companies, from scratch, to high scalde -- thousands of employees and hundredws of millions of dollars of annual In short, we have done it ourselves.
And we are buildingf our firm to be the firm we wouldf want to work with asentrepreneurs ourselves,” Andreessehn writes. Andreessen founded the pioneering web browsetcompany , which was later sold to . Since he and Horowitz launched , a tech servics provider sold toin 2007. Netscape and Opswared sold for acombine $11.7 billion. The two have been activw investors in the tech spacwesince then. They’ve angel invested in 45 tech startups in the last five and Andreessen serves as chairman of and on the boards of Facebookiand eBay. Word that the pair would be formint their own venture capital firm was broke n on the Charlie Rose showin February. But detail s came on Monday.
The pair had initiallyy planned onraising $250 milliom for the fund, but investor interesty prompted them to boost the BusinessWeek . The news magazine reports thatReid Hoffman, founder of sociaol networking site LinkedIn, is among the investors in the which raised most of its moneu from institutional investors. Andreessen-Horowitz launche at a tough time for the venture capital one in which some are saying the industry needxsto shrink, not grow. Venture capital, like the rest of the financialk industry, has been hit hard by the economicf downturn. Venture firms make money when their portfoliop companiesgo public, or are sold to larger companies.
But the IPO marke has been anemic inrecent months, makinbg profitable exits more difficult to A recent argues that the industry needsw to trim down to regain effectiveness. "The ventured industry needs to shrink its way to becomingy an economic forceonce again," said Robertf E. Litan, vice president of Researcb and Policy at theKauffmam Foundation. “To provide competitive returns, we expectf venture investing will be cut in half in coming At thesame time, lowering valuationws and improving overall exit multipled should help resuscitate the The Kauffman study finds that despite such high-profil success stories as Google and , venturde firms have relatively little to do with most new Only about 16 percent of the 900 companies on the Inc.
500 list of fastesty growing companiesfrom 1997-2007 had venture backing.
Tuesday, February 7, 2012
Banks face exposure issues on Glencore-Xstrata merger - Reuters
uvepexatawus.blogspot.com
Banks face exposure issues on Glencore-Xstrata merger Reuters By Alasdair Reilly and Tessa Walsh | LONDON Feb 7 (Reuters) - Glencore and Xstrata may have to put in place new multibillion dollar loans if their proposed $90 billion merger goes ahead, to help banks manage their huge exposures to the mammoth company, ... |
Sunday, February 5, 2012
Lennar ranked top Twin Cities home builder, but sales drop - South Florida Business Journal:
zvonkovaleoqim.blogspot.com
Lennar closed 457 “housingv units” last year and posted revenue of $177 million to top the ranking of the top 26 home builderas put out by the . Lennar’s local 2008 revenue was abouty half ofthe $331 millio n it reported in 2007. Lenar Minneapolis/St. Paul is a subsidiarty of Miami-based Lennar Corp. LEN). Other companies in the top fiveare K. Hovnanian Home s of Minnesota ($98.6 million), Centex Homes-Minnesotw ($90.4 million), D.R. Horton-Minnesota ($89.8 million) and Ryland Homes-Twijn Cities ($80 million). The 26th-ranked buildet on the list was Habitatffor Humanity, which sold 50 homese and had revenue of $8.3 million in 2008.
The sum of the homess and revenue for companies on the 2008 list reflectes the overall downturn in the home construction For the 25 largest firms revenus in 2008was $1.03 billion, a drop from $1.7q billion in 2007. The number of units sold fell as wellto 3,197 from 5,725. Six companies made the list that weren’t on it last McDonald Construction Inc. (16), Pratt Homes Country Joe Inc. (21), Gonyea Homes Inc. (22), TBJ Homed (23) and Sharper Homes Inc. (24). Firmes that weren’t on this year’ list but had been ranked in 2007are Bor-Son Constructio n Inc. (which ranked eighth in MW JohnsonConstruction (11), Franna Cos. Wensmann Homes Inc.
(13), College City Homes (24) and LeGranh Homes (25).
Lennar closed 457 “housingv units” last year and posted revenue of $177 million to top the ranking of the top 26 home builderas put out by the . Lennar’s local 2008 revenue was abouty half ofthe $331 millio n it reported in 2007. Lenar Minneapolis/St. Paul is a subsidiarty of Miami-based Lennar Corp. LEN). Other companies in the top fiveare K. Hovnanian Home s of Minnesota ($98.6 million), Centex Homes-Minnesotw ($90.4 million), D.R. Horton-Minnesota ($89.8 million) and Ryland Homes-Twijn Cities ($80 million). The 26th-ranked buildet on the list was Habitatffor Humanity, which sold 50 homese and had revenue of $8.3 million in 2008.
The sum of the homess and revenue for companies on the 2008 list reflectes the overall downturn in the home construction For the 25 largest firms revenus in 2008was $1.03 billion, a drop from $1.7q billion in 2007. The number of units sold fell as wellto 3,197 from 5,725. Six companies made the list that weren’t on it last McDonald Construction Inc. (16), Pratt Homes Country Joe Inc. (21), Gonyea Homes Inc. (22), TBJ Homed (23) and Sharper Homes Inc. (24). Firmes that weren’t on this year’ list but had been ranked in 2007are Bor-Son Constructio n Inc. (which ranked eighth in MW JohnsonConstruction (11), Franna Cos. Wensmann Homes Inc.
(13), College City Homes (24) and LeGranh Homes (25).
Friday, February 3, 2012
Fairfax to launch new tourism campaign - Washington Business Journal:
tower-tennesseea.blogspot.com
It’s part of ’s new public relations and ad campaigb to draw more tourists tothe county’s hoteld and landmarks. Visit Fairfax tapped communicationsw agency to handleall advertising, brand marketinv and PR for the conventiom and visitors bureau through July 2012. Along with the “finds George” scavenger hunt, the campaign will integrate print, viral marketing, outdoo and online advertising, Twitter and Facebook, and radio and Web ads. On June 4 and 5, the Georgd Washington actor and interpreter from Mount Vernon will hit the road and appeart onthe “Today" show and WABC radio.
“George will be in Timee Square, Union square, Penn Station and the librar where ‘Rocky’ was taped running up the stairs,” said Matt CEO of Herndon-based White and The PR group’s street team is also dishin gout 5,000 tourism packages that include coupons and discounts for hotelsa in Fairfax County. “The objective is to fill hotepl room nights and to have people drivinf into the city from other drive said White, adding that Fairfax will also be promoted in such drivable markets as Atlantsa and Charlotte, N.C. “Wde are trying to revive the notion of a summer road In today’s economy people are looking for a deal.
” Researc shows many tourists flock to the area from the Northeastf corridor by train or car, “so it’s a prett big market, and the majority come to see family and White said. The goal, he said, is to make Fairfas County a place where visitors will stay when they come to see thingss like a Washington Nationals baseball game or Wolf Trap Nationalo Park for thePerforming
It’s part of ’s new public relations and ad campaigb to draw more tourists tothe county’s hoteld and landmarks. Visit Fairfax tapped communicationsw agency to handleall advertising, brand marketinv and PR for the conventiom and visitors bureau through July 2012. Along with the “finds George” scavenger hunt, the campaign will integrate print, viral marketing, outdoo and online advertising, Twitter and Facebook, and radio and Web ads. On June 4 and 5, the Georgd Washington actor and interpreter from Mount Vernon will hit the road and appeart onthe “Today" show and WABC radio.
“George will be in Timee Square, Union square, Penn Station and the librar where ‘Rocky’ was taped running up the stairs,” said Matt CEO of Herndon-based White and The PR group’s street team is also dishin gout 5,000 tourism packages that include coupons and discounts for hotelsa in Fairfax County. “The objective is to fill hotepl room nights and to have people drivinf into the city from other drive said White, adding that Fairfax will also be promoted in such drivable markets as Atlantsa and Charlotte, N.C. “Wde are trying to revive the notion of a summer road In today’s economy people are looking for a deal.
” Researc shows many tourists flock to the area from the Northeastf corridor by train or car, “so it’s a prett big market, and the majority come to see family and White said. The goal, he said, is to make Fairfas County a place where visitors will stay when they come to see thingss like a Washington Nationals baseball game or Wolf Trap Nationalo Park for thePerforming
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