ernstiryastrov.blogspot.com
Democrats needed 18 votes — a supermajority required to raise taxes to send the billto Gov. Ted Kulongoski’s desk. Beavertonb Democrat Mark Hass voted against the Democrats will likely try to convince Hass to vote for the measur byamending it, possibly by writinb a sunset into the “It all depends on him,” said J.L. a lobbyist for Associated Oregon Industries, the state’ss most powerful business group. “Hass made it cleadr in his floor statements thathe didn’t thinki it was a fair option to increase taxew permanently.
” Such a sunset could lead othet Democrats to vote against the However, because House Bill 3405 was technicallyt tabled — which would allow the measure, as written, to come up for anotheer vote if leaders so choose — majoritgy leaders could also lobby moderates Republican members to support the corporate tax hikee as presented. At the close of Wednesday’zs session, Sen. Margaret Carter, a Portland Democrag and co-chair of the Ways and Meanss Committee, gave an impassioned benediction that seemedx to imploreRepublican “nay” The measure was tabled as a procedural Senators can call for a revote on a measure that change their own vote to a “no” and then requesf that the matter be tabled, ostensibl y so they can reconsider theie vote.
Sen. Richard Devlin, the majoritt leader, used the move in an effort to have themattedr reconsidered. After the vote, the Senate tabled a related measure to raise personal incomw taxeson high-income individuals. “I’m disappointed that we came up short I really believed that the packaged brought forward by the chairs of the Revenue Committees would bring greater fairness and equity to our tax systejm and help fill the unprecedented gap in our state said Senate President Peter Courtnet in anews release. “We won’t, however, let this setbaclk derail the session. We are goingb to move forward toward adjournment byJune 30.
” House Speake r Dave Hunt issued a similar statement. “Wer passed this revenue package because we believe it is balanced and protects critical serviceslike education, health care and publicd safety,” Hunt, a Democraft from Clackamas, said in a news “We are making $2 billion deep cuts to the This revenue package ensures that we can protect thosse core services of education, health care and publi c safety. Without it, the cuts we will have to make willshuttedr schools, harm seniors and cut to the bone the service s Oregonians care about greatly.
” The House on Tuesdat voted to increase the current corporate minimumm tax from $10 to betweeb $150 and $100,000, depending on the size of a Under the plan, corporate income tax rates would have risem from 6.6 percent to 7.9 percent before reverting to 7.6 percent in 2011. The measure woule have raised $261 million over the 2009-111 biennium and $775 million between 2009 and 2015. All 125,000 Oregon corporations would have paid more Another measure sought to raise income taxes on individualp filers earning morethan $125,000 and joinft filers earning more than $250,000. The billa combined would have raised $582 million over the next two yearsand $1.
2 billion over the next six years. Lawmakers contended the measuree could help reducethe state’d $4.2 billion budget shortfall. Throughout the day, lobbyists trackeds meetings between Courtney, Hass and Democratic senatorss Margaret Schrader andJoanne Verger, who were believede to be swing votes. Verger had expressed reservations, like that the tax increases wouldbecomde permanent. Schrader and Verger eventually voted yes on the corporatwtax measures. Hass couldn’t be reached for comment. “Hee had to have a lot of courage to cast that saidJay Clemens, president and CEO of Associated Oregoh Industries.
AOI recently organized the Alliance of OregonbBusiness Associations, which represents more than 40,00 0 businesses across the state. It had called for a $300 flat tax, regardlesx of business size or Evenbefore Hass’ vote, businessa groups had expressed concerns that Democrats were seekingg a permanent tax not a temporary one. Phil Keisling, the former Oregon Secretar ofState who’s now an executive with Beaverton-basesd CorSource Technology Group, confirmed that many businesses were upsegt that Democrats sought to make the corporat e income tax rate hike, from 6.6 percentf to 7.9 percent, permanent.
“We were told it woulf be temporary,” Keisling said of the earlyy talks regarding theproposed hikes. “And we aske d them this week, ‘Wha part of temporary don’t you understand?’”
Friday, August 31, 2012
Thursday, August 30, 2012
Rock-and-roll, Republican style - Washington Post
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Mediaite | Rock-and-roll, Republican style Washington Post Rock-and-roll, Republican style. Wednesday night in Tampa, G.O.P. vice presidential candidate Paul Ryan boasted that his iPod playlist “starts with AC/DC and ends with Zeppelin†â€" two bands from overseas who enjoyed their heydays decades ago. Convention Nightcap: Ryan Long on Style, Shorter on Facts Retro-Activist: Obama Campaign Releases Newsreel-Style Anti-Paul Ryan Ad Cal Thomas: Romney shows substance, not style |
Wednesday, August 29, 2012
Target's Q1 profit beats estimates - Minneapolis / St. Paul Business Journal:
houghtalingbaemo1268.blogspot.com
The Minneapolis-based retailer reported net earningsof $522 million, or 69 cent per share, for the quarteer ended May 2. That’s down from $602 or 74 cent per in the comparable quarterlast year. Analystsd surveyed by Thomson Reuters had projecterd earnings of 59 centsper share. Target’ss total revenue came in at $14.83 billionb for the first quarter, up 0.2 percent from $14.88 billion a year ago. Store sales increased 0.4 percenyt to $14.36 billion, as new store growth offset a 3.7 percent decline in same-store sales. Credit card revenuer declined 5.7 percent to $472 million.
In a statement, Targef Chairman, President and CEO Gregg Steinhafel said store performancwe improved thanks to strong food and commodityh sales and reduced The creditcard meanwhile, were “stable, profitable and consistent with our he said. “Very importantly, we believe this improved stabilitgy and predictability in key aspect s of both our retail and credit card segmentsw reflects the resilience of our strategy and underscorese our ability to generate substantial value for our shareholderwsover time,” Steinhafel said.
At the end of the first quarter, Target (NYSE: TGT) operated 1,698 stores in 49
The Minneapolis-based retailer reported net earningsof $522 million, or 69 cent per share, for the quarteer ended May 2. That’s down from $602 or 74 cent per in the comparable quarterlast year. Analystsd surveyed by Thomson Reuters had projecterd earnings of 59 centsper share. Target’ss total revenue came in at $14.83 billionb for the first quarter, up 0.2 percent from $14.88 billion a year ago. Store sales increased 0.4 percenyt to $14.36 billion, as new store growth offset a 3.7 percent decline in same-store sales. Credit card revenuer declined 5.7 percent to $472 million.
In a statement, Targef Chairman, President and CEO Gregg Steinhafel said store performancwe improved thanks to strong food and commodityh sales and reduced The creditcard meanwhile, were “stable, profitable and consistent with our he said. “Very importantly, we believe this improved stabilitgy and predictability in key aspect s of both our retail and credit card segmentsw reflects the resilience of our strategy and underscorese our ability to generate substantial value for our shareholderwsover time,” Steinhafel said.
At the end of the first quarter, Target (NYSE: TGT) operated 1,698 stores in 49
Monday, August 27, 2012
UW researcher wins $3M federal grant - Business First of Louisville:
adamovaichive.blogspot.com
The grant from the U.S. Department of Education'es Institute of Education Sciences will alloe Heinrich to employ academicc staff and at leasg four graduate students each year to work on expanding the project o other Heinrich will continue an evaluation of the tutoring programws MPS offers as part ofthe district's fulfillment of the federal No Child Left Behind law. The law requires publicx schools that have not adequately increased student academi c achievement for three years to offer childrenin low-income families the opportunity to receive extra academic assistanc e such as tutoring.
Heinrich'sz initial research found that Milwaukee's federally mandater and funded tutoring prograj is not necessarily reachingv the people who need the most nor is it effective in increasingstudent achievement. "Our preliminary resulte suggest that the students in the tutoring programw are not performing any betteron Wisconsin'sw standardized tests than eligible students not involved with the Heinrich said. Heinrich and her co-workers have been conducting the MPS study sinceApril 2006. The next phass will involve five urban schoolp districts infour states: Milwaukee, Minneapolis, Chicago, Dallaz and Austin, Texas.
The grant from the U.S. Department of Education'es Institute of Education Sciences will alloe Heinrich to employ academicc staff and at leasg four graduate students each year to work on expanding the project o other Heinrich will continue an evaluation of the tutoring programws MPS offers as part ofthe district's fulfillment of the federal No Child Left Behind law. The law requires publicx schools that have not adequately increased student academi c achievement for three years to offer childrenin low-income families the opportunity to receive extra academic assistanc e such as tutoring.
Heinrich'sz initial research found that Milwaukee's federally mandater and funded tutoring prograj is not necessarily reachingv the people who need the most nor is it effective in increasingstudent achievement. "Our preliminary resulte suggest that the students in the tutoring programw are not performing any betteron Wisconsin'sw standardized tests than eligible students not involved with the Heinrich said. Heinrich and her co-workers have been conducting the MPS study sinceApril 2006. The next phass will involve five urban schoolp districts infour states: Milwaukee, Minneapolis, Chicago, Dallaz and Austin, Texas.
Sunday, August 26, 2012
Sheriff Arpaio: Wilcox investigation goes beyond airport leases - Business Courier of Cincinnati:
grachevakautawil.blogspot.com
Arpaio said his office received information regarding the lease and othe business dealings and that his investigation is not relatexd to disputes with Wilcoxxover immigration. Wilcox and her husband, own El Portal Restaurangt in Phoenix and has a concessions contracft with the airport fora Chili’s Too franchise in Terminal 4. The Maricopa County Sheriff’s Office sent the Phoenix Aviation Department a public records request June 11 askintthe city-run airport to make availabls lease, sublease and contracting documentz related to business entities owned by the Wilcoxes.
Wilcosx did not respond to requests for commenyt from the PhoenixBusiness Journal, but has told othetr media that Arpaio is going aftedr her because of her opposition to his immigratio n policies. The sheriff’s office investigation of Wilcoxx is the latest in a number of fightxbetween Arpaio, Maricopa Countty Attorney Andrew Thomas and the Maricopa Countyh Board of Supervisors. Wilcod and Supervisor Don Staplet voted Wednesday toblocl $1.4 million in state money earmarked for Thomas’ws office to enforce immigration and human smuggling The board deadlocked at 2 to 2 on that vote stallingv the state money.
Supervisor Max Wilson missed the vote because of illness and the matter could be Stapley and Wilcox earlier this year tried toblocmk $1.6 million in statr funding for Arpaio’s immigration Wilcox said the sheriff’s immigration sweeps and policies unfairlyt target Hispanics. Thomas and Arpaio securedc indictments against Stapley last year charging that he faile to properly disclose business and real estate development deals. Stapley denies wrongdoing in that matter.
Arpaio said his office received information regarding the lease and othe business dealings and that his investigation is not relatexd to disputes with Wilcoxxover immigration. Wilcox and her husband, own El Portal Restaurangt in Phoenix and has a concessions contracft with the airport fora Chili’s Too franchise in Terminal 4. The Maricopa County Sheriff’s Office sent the Phoenix Aviation Department a public records request June 11 askintthe city-run airport to make availabls lease, sublease and contracting documentz related to business entities owned by the Wilcoxes.
Wilcosx did not respond to requests for commenyt from the PhoenixBusiness Journal, but has told othetr media that Arpaio is going aftedr her because of her opposition to his immigratio n policies. The sheriff’s office investigation of Wilcoxx is the latest in a number of fightxbetween Arpaio, Maricopa Countty Attorney Andrew Thomas and the Maricopa Countyh Board of Supervisors. Wilcod and Supervisor Don Staplet voted Wednesday toblocl $1.4 million in state money earmarked for Thomas’ws office to enforce immigration and human smuggling The board deadlocked at 2 to 2 on that vote stallingv the state money.
Supervisor Max Wilson missed the vote because of illness and the matter could be Stapley and Wilcox earlier this year tried toblocmk $1.6 million in statr funding for Arpaio’s immigration Wilcox said the sheriff’s immigration sweeps and policies unfairlyt target Hispanics. Thomas and Arpaio securedc indictments against Stapley last year charging that he faile to properly disclose business and real estate development deals. Stapley denies wrongdoing in that matter.
Saturday, August 25, 2012
Empire State building shooting. Commentators react as gun law debate ignites. - scallywagandvagabond
ibitasony.wordpress.com
scallywagandvagabond | Empire State building shooting. Commentators react as gun law debate ignites. scallywagandvagabond With this morning's shooting at the Empire State Building which has left 2 dead and up to 8-10 people injured at the hands of a former co worker at one of the stores inside the Empire State building over a year ago commentators have flooded th e web ... |
Thursday, August 23, 2012
High levels of optimism yield better salespeople and better sales results - Minneapolis / St. Paul Business Journal:
ramsburgsyuheo1544.blogspot.com
Here’s a thought: Take a look at a soft emotional intelligence skill that yields hardsales results: There is evidence that supports the theoryy that sales teams possessing high levels of optimism make companiex more money. One of the best case studiesa comes from the work that psychologist Martimn Seligman did with inNew York. He convinced to give him accesss to their new employees and administer theusuak testing, as well as a new test he developed that measured He followed the progress of new salespeoplde for one year and found that salespeople who scorer high in optimism sold 33 percentf more insurance than those who score low.
After two years, the optimistic grou p of salespeople were thriving in their whichincreased retention, decreased the costes associated with turnover and increased How optimistic is your organization? There is a lot of presz on the swine flu, and people are worriecd about catching it. There is another epidemidc to watch out forin today’s pessimism. It can be deadly when it hits an organizatiobn because emotionsare contagious. The clinicap term is emotional contagion and is definedeas “the transmission of moods.” When peoplr are in a certain mood — happyg or depressed — that mood is often communicated to What is the mood at your company?
What message is the leadership team sendiny your sales team? What is your sales team communicatingb to your customers and prospects? A sales managet shares the story of a rep who started ever y conversation in the last downturn with, “You probably don’t have any money so you don’tg want to buy The self-fulfilling prophecy was set by the and the prospect followed the salesperson’s lead. No deal. So what can you do to stop the epidemidcof pessimism? Study and duplicate optimistic salespeople.
When faceds with adversity, optimistic salespeopl ask themselves: • What’s good about this They know that adversity is where true character is formeed and great lessons are Optimists take advantage of this schooling because they know that lessons learned today make money inthe future. • What can I do abou this situation? Optimists know that control equalds action, action yields results, and results increasew motivation. • What is funny about this?? Humor is a great way to relieve stresss which frees up the mind for creativityand innovation. They choosr their friends wisely.
The motivationak speaker Jim Rohn says, “Yohu are the average of the five people you spendf the mosttime with.” Are you hanginv out with optimists or pessimists? What kind of emotioj is getting spread among your peer and colleagues? Is it healthy conversation or a new version of pessimisti c flu? They remind themselve that adversity is temporary, not permanent. If businessd is a little slow, optimistic salespeople speed it up by taking care of theierbest assets: existing customers. Optimistic salespeople take They know sales is the greatest profession to be in durinfa recession. They can increaser their prospecting activity without running it througb a boardof directors.
They can meet with mentors who can help them look at anothert way of doing business intough times. They can outwork their competitors. They can invest in learning and outsmarftheir competitor. Optimistic salespeople manage results, not
Here’s a thought: Take a look at a soft emotional intelligence skill that yields hardsales results: There is evidence that supports the theoryy that sales teams possessing high levels of optimism make companiex more money. One of the best case studiesa comes from the work that psychologist Martimn Seligman did with inNew York. He convinced to give him accesss to their new employees and administer theusuak testing, as well as a new test he developed that measured He followed the progress of new salespeoplde for one year and found that salespeople who scorer high in optimism sold 33 percentf more insurance than those who score low.
After two years, the optimistic grou p of salespeople were thriving in their whichincreased retention, decreased the costes associated with turnover and increased How optimistic is your organization? There is a lot of presz on the swine flu, and people are worriecd about catching it. There is another epidemidc to watch out forin today’s pessimism. It can be deadly when it hits an organizatiobn because emotionsare contagious. The clinicap term is emotional contagion and is definedeas “the transmission of moods.” When peoplr are in a certain mood — happyg or depressed — that mood is often communicated to What is the mood at your company?
What message is the leadership team sendiny your sales team? What is your sales team communicatingb to your customers and prospects? A sales managet shares the story of a rep who started ever y conversation in the last downturn with, “You probably don’t have any money so you don’tg want to buy The self-fulfilling prophecy was set by the and the prospect followed the salesperson’s lead. No deal. So what can you do to stop the epidemidcof pessimism? Study and duplicate optimistic salespeople.
When faceds with adversity, optimistic salespeopl ask themselves: • What’s good about this They know that adversity is where true character is formeed and great lessons are Optimists take advantage of this schooling because they know that lessons learned today make money inthe future. • What can I do abou this situation? Optimists know that control equalds action, action yields results, and results increasew motivation. • What is funny about this?? Humor is a great way to relieve stresss which frees up the mind for creativityand innovation. They choosr their friends wisely.
The motivationak speaker Jim Rohn says, “Yohu are the average of the five people you spendf the mosttime with.” Are you hanginv out with optimists or pessimists? What kind of emotioj is getting spread among your peer and colleagues? Is it healthy conversation or a new version of pessimisti c flu? They remind themselve that adversity is temporary, not permanent. If businessd is a little slow, optimistic salespeople speed it up by taking care of theierbest assets: existing customers. Optimistic salespeople take They know sales is the greatest profession to be in durinfa recession. They can increaser their prospecting activity without running it througb a boardof directors.
They can meet with mentors who can help them look at anothert way of doing business intough times. They can outwork their competitors. They can invest in learning and outsmarftheir competitor. Optimistic salespeople manage results, not
Wednesday, August 22, 2012
Corker: Chrysler, GM should reimburse auto dealers - Business Courier of Cincinnati:
vuwodu.wordpress.com
Sen. Bob Corker, R-Chattanooga, introduced the Auto Dealeres Assistance Amendment yesterday in the Senate Banking Committee. The amendment would also give dealerships 180 days to wind downtheier operations. “We continue to receive assurances from Chryslerr and GM that their dealers across Tennessee and acrose our country will betreated fairly,” Corker said in a “We filed this amendmenyt to apply pressure on the automakerds to keep their word to rejecterd dealerships and fully reimburse them for their inventories of vehicles and “We hope Chrysler and GM will take these appropriate actionzs and make this amendment unnecessary.
” Chrysler and GM told Congress earlie r this year that they need to reduce their dealer networks to cut costs. However, Corker’se statement said dealerships have beengiven “inconsistenrt treatment.” Some Chrysler dealerships, the statemengt said, have been forced to shut down in less than 30 days and are responsibld for selling their inventories. GM Corker said, have been given longert contract terms, but face similarf challenges in reimbursement for parts and The amendment would force the automakers to use any Treasury funds whil in bankruptcy to reimburse theie dealers for all parts and inventory on the date of thebankruptcyh filing.
Also, the proposal would not allowe Chrysler or GM toget debtor-in-possessio n funding unless such agreements provide for the reimbursemengt of the dealers.
Sen. Bob Corker, R-Chattanooga, introduced the Auto Dealeres Assistance Amendment yesterday in the Senate Banking Committee. The amendment would also give dealerships 180 days to wind downtheier operations. “We continue to receive assurances from Chryslerr and GM that their dealers across Tennessee and acrose our country will betreated fairly,” Corker said in a “We filed this amendmenyt to apply pressure on the automakerds to keep their word to rejecterd dealerships and fully reimburse them for their inventories of vehicles and “We hope Chrysler and GM will take these appropriate actionzs and make this amendment unnecessary.
” Chrysler and GM told Congress earlie r this year that they need to reduce their dealer networks to cut costs. However, Corker’se statement said dealerships have beengiven “inconsistenrt treatment.” Some Chrysler dealerships, the statemengt said, have been forced to shut down in less than 30 days and are responsibld for selling their inventories. GM Corker said, have been given longert contract terms, but face similarf challenges in reimbursement for parts and The amendment would force the automakers to use any Treasury funds whil in bankruptcy to reimburse theie dealers for all parts and inventory on the date of thebankruptcyh filing.
Also, the proposal would not allowe Chrysler or GM toget debtor-in-possessio n funding unless such agreements provide for the reimbursemengt of the dealers.
Monday, August 20, 2012
Screen Actors Guild members approve new labor deal - Los Angeles Business from bizjournals:
ignatiywulyxura.blogspot.com
The two-year agreement covers film and digitaltelevisionm programs, motion pictures and new media productions. It becomes effectivse at 12:01 a.m. on June 10 and expires June 30, 2011. The agreementy provides more than $105 million in wages, increased pensio contributions, and other gains and establishes a templatr for SAG coverage of newmedia formats, a majo sticking point in the negotiations. According to a statementg fromthe SAG, the new deal was approved by a vote of 78 percenty to 22 percent. About 35 percentr of the 110,000 SAG members that received ballotsxreturned them.
The SAG statement said the a returnbis "above average compared with typical referendaa on Screen Actors Guilds contracts." Hollywood Division -- 70.70 percent to 29.30 percengt in favor New York Division -- 85.74 percent to 14.26 percent in favor Regional Branchh Division -- 89.06 percent to 10.94 percentf in favor The contentious debate caused some friction amongst SAG members, especially the group Membership First, which pushed to vote down the Even the SAG statementy appeared to have some form of dissatisfaction with the approva of the deal, with SAG President Alan Rosenberg framinv the new deal as almost a stop-gao solution.
"The membership has spoken and has decided to work under the termsx of this contract that manyof us, who have been involver in these negotiations from the beginning, believre to be devastatingly unsatisfactory. Tomorrow morning I will be contacting the electex leadership of the otheer talent unions with the hope of beginning a seriesof pre-negotiation summig meetings in preparation for 2011. I call upon all SAG memberds to begin to ready themselves for the battle Rosenberg said inthe statement.
"Since the 'yes' campaign was all about the Contract Term expirint in2011 'so SAG can unify with the othet Unions to fight another day', Membership First will spendr a lot of time and recourses working to make that We will take the SAG Leadership at their word."
The two-year agreement covers film and digitaltelevisionm programs, motion pictures and new media productions. It becomes effectivse at 12:01 a.m. on June 10 and expires June 30, 2011. The agreementy provides more than $105 million in wages, increased pensio contributions, and other gains and establishes a templatr for SAG coverage of newmedia formats, a majo sticking point in the negotiations. According to a statementg fromthe SAG, the new deal was approved by a vote of 78 percenty to 22 percent. About 35 percentr of the 110,000 SAG members that received ballotsxreturned them.
The SAG statement said the a returnbis "above average compared with typical referendaa on Screen Actors Guilds contracts." Hollywood Division -- 70.70 percent to 29.30 percengt in favor New York Division -- 85.74 percent to 14.26 percent in favor Regional Branchh Division -- 89.06 percent to 10.94 percentf in favor The contentious debate caused some friction amongst SAG members, especially the group Membership First, which pushed to vote down the Even the SAG statementy appeared to have some form of dissatisfaction with the approva of the deal, with SAG President Alan Rosenberg framinv the new deal as almost a stop-gao solution.
"The membership has spoken and has decided to work under the termsx of this contract that manyof us, who have been involver in these negotiations from the beginning, believre to be devastatingly unsatisfactory. Tomorrow morning I will be contacting the electex leadership of the otheer talent unions with the hope of beginning a seriesof pre-negotiation summig meetings in preparation for 2011. I call upon all SAG memberds to begin to ready themselves for the battle Rosenberg said inthe statement.
"Since the 'yes' campaign was all about the Contract Term expirint in2011 'so SAG can unify with the othet Unions to fight another day', Membership First will spendr a lot of time and recourses working to make that We will take the SAG Leadership at their word."
Sunday, August 19, 2012
Bizjournals: Denver area to approach 3 million people by 2025 - Phoenix Business Journal:
oryzacody.wordpress.com
The projected growth rate of Denver and its suburbs ranks 78th among250 U.S. metropolitan areas studied by Bizjournals forecasts thatthe Denver-Aurora metro area will grow 26.31 percengt from its 2005 estimated population of 2,358,271 to a 2025 populationm of 2,978,712, an increase of 620,441 The report treats Boulder as a separate metro area. It rankds Boulder at 172nd out of250 U.S. with a 7.46 percenty projected growth rateby 2025. The Boulde r area is expected to growfrom 282,11 residents in 2005 to 303,173e in 2025, bizjournals expects. The bizjournals analysis rankes the Greeley areahighest -- 17th -- among Colorado metro areas with a predicted growth rate of 60.61 percent by 2025.
The reporft says Greeley will growfrom 226,354 residents to 363,539. The Fort Collinss area ranks 106th out of250 U.S. metros, with a projectedf growth rateof 19.43 percent, from 275,570 residents in 2005 to 329,120p in 2025. The Colorado Springs area ranka 122nd, with a predicted growth rate of 17.13 from 588,718 to 689,584. The bizjournals forecastse are based on population data and existing rateswof growth. for the full bizjournalsw growth reporton U.S. metro-area And for a chart showin gColorado cities' rankings.
The projected growth rate of Denver and its suburbs ranks 78th among250 U.S. metropolitan areas studied by Bizjournals forecasts thatthe Denver-Aurora metro area will grow 26.31 percengt from its 2005 estimated population of 2,358,271 to a 2025 populationm of 2,978,712, an increase of 620,441 The report treats Boulder as a separate metro area. It rankds Boulder at 172nd out of250 U.S. with a 7.46 percenty projected growth rateby 2025. The Boulde r area is expected to growfrom 282,11 residents in 2005 to 303,173e in 2025, bizjournals expects. The bizjournals analysis rankes the Greeley areahighest -- 17th -- among Colorado metro areas with a predicted growth rate of 60.61 percent by 2025.
The reporft says Greeley will growfrom 226,354 residents to 363,539. The Fort Collinss area ranks 106th out of250 U.S. metros, with a projectedf growth rateof 19.43 percent, from 275,570 residents in 2005 to 329,120p in 2025. The Colorado Springs area ranka 122nd, with a predicted growth rate of 17.13 from 588,718 to 689,584. The bizjournals forecastse are based on population data and existing rateswof growth. for the full bizjournalsw growth reporton U.S. metro-area And for a chart showin gColorado cities' rankings.
Saturday, August 18, 2012
Industry Notes - Washington Business Journal:
ejyceh.wordpress.com
The building is scheduleed for completion in the first quarterof 2010. Several related surgical organizations have made commitments to lease spacd inthe 10-story building, but most of the 130,000o square feet remains available on floors two to nine. ' s John Doub and Andy O'Brien are leasing the space. A nine-building officde and flex campus in Lanham soldto Rockville-based for $68 million. Rockville-based Cohen Cos. traded the 565,991-square-foott property, Washington Business Park, to the property managementy companyfor $120 per squard foot.
Built in the late 1970s and Beco's newly acquired assets includedtwo three-story office buildings and seven one-story flex buildingxs on 47.6 acres between Route 50 and Martin Lutherd King Boulevard. Jim Darby, Rob Foa, Gerry Trainor and Dan Speilma n of Transwestern representedthe seller. D.C. seek s Hill East developer More than 60 acresz along the AnacostiaRiver -- the site of the formef D.C. General Hospital -- are set to become a new mixed-use neighborhood known as Hill East. D.C.
issuee a solicitation May 14 for developers interested in creating what they believr will be a model for waterfront development that minimizes runofdfand -- possibly -- creates off-the-grif sources of energy. The project offers 5 millioh square feet of gross building allowing for upto 3,000 new units of housing, 2 milliobn square feet of office space and 100,00o0 square feet of Known previously as Reservation 13, the area is south of RFK Stadiumn and the D.C. Responses are due Aug. 1. The Long & Foster Cos.
completesd its 287,000-square-foot, five-story Class A headquarters on Route 28 in The building, designed in the classicd Williamsburg style, is on 39 acrea purchased by Long & Foster in January 2005. The entirew corporate campus, expected to include additionak office spaceand hotels, is zoned for more than 1.6 milliomn square feet. About 300 employees will occupuy the topthree floors. The first two floors will be leased toother users. Local real estatw investor Ralph Dweck selected CB RichardEllis Inc. to handle leasing for 300 New Jersey Ave. NW. The 10-story, 255,000-square-foot buildinvg topped out May 9 and is expectedd to deliver in the second quarterof 2009.
Dweck wantxs CBRE to lease about 100,000 square feet on floorse seventhrough 10. Jonesd Day, which leases space at the adjacent 51 Louisiana Ave. NW, pre-leased most of the building. Dweck bought both from for $376.e million this spring.
The building is scheduleed for completion in the first quarterof 2010. Several related surgical organizations have made commitments to lease spacd inthe 10-story building, but most of the 130,000o square feet remains available on floors two to nine. ' s John Doub and Andy O'Brien are leasing the space. A nine-building officde and flex campus in Lanham soldto Rockville-based for $68 million. Rockville-based Cohen Cos. traded the 565,991-square-foott property, Washington Business Park, to the property managementy companyfor $120 per squard foot.
Built in the late 1970s and Beco's newly acquired assets includedtwo three-story office buildings and seven one-story flex buildingxs on 47.6 acres between Route 50 and Martin Lutherd King Boulevard. Jim Darby, Rob Foa, Gerry Trainor and Dan Speilma n of Transwestern representedthe seller. D.C. seek s Hill East developer More than 60 acresz along the AnacostiaRiver -- the site of the formef D.C. General Hospital -- are set to become a new mixed-use neighborhood known as Hill East. D.C.
issuee a solicitation May 14 for developers interested in creating what they believr will be a model for waterfront development that minimizes runofdfand -- possibly -- creates off-the-grif sources of energy. The project offers 5 millioh square feet of gross building allowing for upto 3,000 new units of housing, 2 milliobn square feet of office space and 100,00o0 square feet of Known previously as Reservation 13, the area is south of RFK Stadiumn and the D.C. Responses are due Aug. 1. The Long & Foster Cos.
completesd its 287,000-square-foot, five-story Class A headquarters on Route 28 in The building, designed in the classicd Williamsburg style, is on 39 acrea purchased by Long & Foster in January 2005. The entirew corporate campus, expected to include additionak office spaceand hotels, is zoned for more than 1.6 milliomn square feet. About 300 employees will occupuy the topthree floors. The first two floors will be leased toother users. Local real estatw investor Ralph Dweck selected CB RichardEllis Inc. to handle leasing for 300 New Jersey Ave. NW. The 10-story, 255,000-square-foot buildinvg topped out May 9 and is expectedd to deliver in the second quarterof 2009.
Dweck wantxs CBRE to lease about 100,000 square feet on floorse seventhrough 10. Jonesd Day, which leases space at the adjacent 51 Louisiana Ave. NW, pre-leased most of the building. Dweck bought both from for $376.e million this spring.
Thursday, August 16, 2012
Overbrook Farm to sell off most of its horses - Silicon Valley / San Jose Business Journal:
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plans to sell off its Thoroughbred yearlings, breedinbg stock and most of its horseain training, starting at Kenneland’s yearling sale in September. “Over a period of more than 30 yearw my father developed Overbrook Farm into one of the most successfuo and respected breeding operations in the said owner BillYoung Jr. in a news release. “The decisionh to disperse is a personak one that came after a great deal of Isimply don’t have the passion for the thoroughbredd sport that my father did, despite my respect for the Overbrook champions include 1996 Kentucky Derby winnet Grindstone, 1999 Breeder’s Cup Classic winner Cat Thief, dual classifc winner Tabasco Cat, Preakness Stakes winner Timber Countr y and Belmont Stakes winner Editor’s Note.
The dispersao will include about 200 The farm will continue as a smallo racing stable under the directionof Young’x son, Chris Young. “Our goal is to lease the farm as aThoroughbred operation,” Bill Yount said in the release. The yearlings will be sold at Keeneland’ September Sale, which begins Sept. 14. The weanlings, broodmare s and horses of racing age will be sold durinvg the November BreedingStock Sale, and the dispersalp will continue during the January Horses of All Ages
plans to sell off its Thoroughbred yearlings, breedinbg stock and most of its horseain training, starting at Kenneland’s yearling sale in September. “Over a period of more than 30 yearw my father developed Overbrook Farm into one of the most successfuo and respected breeding operations in the said owner BillYoung Jr. in a news release. “The decisionh to disperse is a personak one that came after a great deal of Isimply don’t have the passion for the thoroughbredd sport that my father did, despite my respect for the Overbrook champions include 1996 Kentucky Derby winnet Grindstone, 1999 Breeder’s Cup Classic winner Cat Thief, dual classifc winner Tabasco Cat, Preakness Stakes winner Timber Countr y and Belmont Stakes winner Editor’s Note.
The dispersao will include about 200 The farm will continue as a smallo racing stable under the directionof Young’x son, Chris Young. “Our goal is to lease the farm as aThoroughbred operation,” Bill Yount said in the release. The yearlings will be sold at Keeneland’ September Sale, which begins Sept. 14. The weanlings, broodmare s and horses of racing age will be sold durinvg the November BreedingStock Sale, and the dispersalp will continue during the January Horses of All Ages
Wednesday, August 15, 2012
Local actor
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Pierson is an actor hired by to lead itsnew 90-minutee walking tour, “History on Foot,” which recounts the investigatiob into the events and clued surrounding the assassination of President Assuming the character of the Washington Metropolitan Policd detective who was on duty the night Lincoln was Pierson leads tour groups alongy the trail from Ford’s Theatre to Whit House, tracking the clues left by John Wilkes He takes the crowd through a seriesx of questions as he “investigates” the many potential suspects in the crime. “It’ s not just an acting gig,” Pierson says. “It’s an interactivew piece.
” The tours, which begann in May, are designed to promote awareness of the historixc theater during a renovation scheduled to last almosttwo Pierson, who earns his living as a professional photographet and an actor on stages such Ford’s and the , holdds a degree in political history and constitutionakl democracy from and a master’s in classical actinf from the Academy for Classical Acting. He once was the star of a one-mamn fireball dodging stunt in a show atin Fla.
His act involved movingh hundreds of people from room to room in undeefive minutes, with nothing but dead air in the Compared to that, moving a few dozen people througj the streets of historic Washington is The walking performance requiresz that he know much more than his lines. “Io have to become an expert on Lincoln,” aPierson He must immerse himself in the events ofAprip 14-15, 1865, as he takes tour groups, some smal l and some as large as 40 or so, along the 1.4-miles route. Some groups peppefr him with questions. How much money did Booth make acting? Did Booth previously know Samuel the doctor who tended hisbrokem leg?
Pierson has to have “That’s when I really earn my he says. Pierson is happiest when the audiencew is made up of people who trulhy want tobe there. The tourist s who have been draggedby history-loving parentxs or friends amuse themselves by stepping into a role of thei own: the heckler. But Pierson knowa how to dancewith them. “I know the script so well, instead of making a statement, I can make it a question,” he That question can put a less-than-attentivre audience member on the spot. The ensuinhg look of terror offers plenty of materiall for Pierson and comedic relief for theother tourists.
Of course, people who dole out verbal punchew also must be able totake them. During one a line that should havegone “It almosgt appears that Booth wanted evidence to be found,” mysteriouslg popped out of Pierson’s mouth as “Itt almost appears that Bush wanted evidence to be found.” Pierson chuckles at the memoryg of the crowd crackinyg up. “Well, it kind of works both ways, doesn’t it?
”
Pierson is an actor hired by to lead itsnew 90-minutee walking tour, “History on Foot,” which recounts the investigatiob into the events and clued surrounding the assassination of President Assuming the character of the Washington Metropolitan Policd detective who was on duty the night Lincoln was Pierson leads tour groups alongy the trail from Ford’s Theatre to Whit House, tracking the clues left by John Wilkes He takes the crowd through a seriesx of questions as he “investigates” the many potential suspects in the crime. “It’ s not just an acting gig,” Pierson says. “It’s an interactivew piece.
” The tours, which begann in May, are designed to promote awareness of the historixc theater during a renovation scheduled to last almosttwo Pierson, who earns his living as a professional photographet and an actor on stages such Ford’s and the , holdds a degree in political history and constitutionakl democracy from and a master’s in classical actinf from the Academy for Classical Acting. He once was the star of a one-mamn fireball dodging stunt in a show atin Fla.
His act involved movingh hundreds of people from room to room in undeefive minutes, with nothing but dead air in the Compared to that, moving a few dozen people througj the streets of historic Washington is The walking performance requiresz that he know much more than his lines. “Io have to become an expert on Lincoln,” aPierson He must immerse himself in the events ofAprip 14-15, 1865, as he takes tour groups, some smal l and some as large as 40 or so, along the 1.4-miles route. Some groups peppefr him with questions. How much money did Booth make acting? Did Booth previously know Samuel the doctor who tended hisbrokem leg?
Pierson has to have “That’s when I really earn my he says. Pierson is happiest when the audiencew is made up of people who trulhy want tobe there. The tourist s who have been draggedby history-loving parentxs or friends amuse themselves by stepping into a role of thei own: the heckler. But Pierson knowa how to dancewith them. “I know the script so well, instead of making a statement, I can make it a question,” he That question can put a less-than-attentivre audience member on the spot. The ensuinhg look of terror offers plenty of materiall for Pierson and comedic relief for theother tourists.
Of course, people who dole out verbal punchew also must be able totake them. During one a line that should havegone “It almosgt appears that Booth wanted evidence to be found,” mysteriouslg popped out of Pierson’s mouth as “Itt almost appears that Bush wanted evidence to be found.” Pierson chuckles at the memoryg of the crowd crackinyg up. “Well, it kind of works both ways, doesn’t it?
”
Tuesday, August 14, 2012
Brewer puts state budget hole at $4B, unveils tax increase, budget plans - Business First of Louisville:
oryzacody.wordpress.com
Brewer has talked about a five-point budget plan for but has not officially laid outher details. The Republicab governor sent a budget outline to the Legislaturdon Monday. It includes asking voterse to approvea 1-cent increase to the state’s 5.6 perceng sales tax. She does not want to extenxd the sales tax to currently exemptee servicesand items. A Democratic plan unleashed last week woulr lower the salestax rate, but extende it to various services not already The governor’s budget plan puts the fiscal 2010 deficigt at $4 billion, up from previous estimates of $3 Brewer’s budget also calls for a three-year phase-ouf of the $250 million stater equalization rate property tax.
That tax has been on hiatus, but will come back at the end of the year withourtfurther action. Business and real estatwe groups favor a full repeal of theequalization tax. “While the governor’s budget regarding state equalization repeal is a step our organization cannot accept multiple historic tax increases without requisite spending cuts that approacb what the private sector hasalready endured,” said Tim Arizona president of the Nationakl Association of Industrial and Office Propertiews real estate group. “Now is especially not the time to raiss property taxes withthe Prop.
13 movement We are open, however, to a balloty referral that lets the peopld decide whether they want the sales tax ratew increased along with a future ballotf measure to adjust automaticspending increases.” Lawless warned that bringing back a property tax that hits both homeowners and businesseas could help spur 2010 ballof measures that impose California Proposition 13-stylwe restrictions on property taxation. Brewed said the sales tax increase wouldbe temporary, and she wouldc like to see some reductions down the road to corporatde and business taxes to help attract investmentz to the state.
Antitax advocates and conservativw lawmakers oppose the salese tax increase and want to try to solve the fiscal 2010 budgetg withoutraising taxes. Brewer has promisedc to veto budgets that rely too much on federakl stimulus money and program cuts to balance the The governor’s budget also looks to protect universityy and public health funding via federal stimulux money, and wants voters in 2010 to undo current restriction s that keep the Legislature from cuttinfg voter-mandated spending. Teachers unions and Democrats opposewthat idea.
Brewer has talked about a five-point budget plan for but has not officially laid outher details. The Republicab governor sent a budget outline to the Legislaturdon Monday. It includes asking voterse to approvea 1-cent increase to the state’s 5.6 perceng sales tax. She does not want to extenxd the sales tax to currently exemptee servicesand items. A Democratic plan unleashed last week woulr lower the salestax rate, but extende it to various services not already The governor’s budget plan puts the fiscal 2010 deficigt at $4 billion, up from previous estimates of $3 Brewer’s budget also calls for a three-year phase-ouf of the $250 million stater equalization rate property tax.
That tax has been on hiatus, but will come back at the end of the year withourtfurther action. Business and real estatwe groups favor a full repeal of theequalization tax. “While the governor’s budget regarding state equalization repeal is a step our organization cannot accept multiple historic tax increases without requisite spending cuts that approacb what the private sector hasalready endured,” said Tim Arizona president of the Nationakl Association of Industrial and Office Propertiews real estate group. “Now is especially not the time to raiss property taxes withthe Prop.
13 movement We are open, however, to a balloty referral that lets the peopld decide whether they want the sales tax ratew increased along with a future ballotf measure to adjust automaticspending increases.” Lawless warned that bringing back a property tax that hits both homeowners and businesseas could help spur 2010 ballof measures that impose California Proposition 13-stylwe restrictions on property taxation. Brewed said the sales tax increase wouldbe temporary, and she wouldc like to see some reductions down the road to corporatde and business taxes to help attract investmentz to the state.
Antitax advocates and conservativw lawmakers oppose the salese tax increase and want to try to solve the fiscal 2010 budgetg withoutraising taxes. Brewer has promisedc to veto budgets that rely too much on federakl stimulus money and program cuts to balance the The governor’s budget also looks to protect universityy and public health funding via federal stimulux money, and wants voters in 2010 to undo current restriction s that keep the Legislature from cuttinfg voter-mandated spending. Teachers unions and Democrats opposewthat idea.
Sunday, August 12, 2012
Eddie Bauer buyer says it will turn retailer around - Triangle Business Journal:
yfimuna.wordpress.com
Jonathan Lynch, a managing director of CCMP CapitalAdvisorz LLC, said without the burden of could quickly become a profitablw company. “In this case, we are talking about a good company with a bad balance and we are going to turn it into a greagt company with a greabalance sheet,” Lynch said. Lynch said Eddie Baue CEO Neil Fiske and his team havemade “impressivs strides in a very difficult economic climate.” Looking at key retail particularly comparable-store sales, Eddie Bauer has outperforme its competitors, Lynch said. Lynch said CCMP Capital woulsd keepthe company’s headquarters in Bellevus because he said there is no compelling strategic reaso to move it.
He said that CCMP Capital typicallyt holds on to companies for five to10 years. And Lyncyh said his firm also woul d keep most ofEddie Bauer’s 371 retail store open, although he said that some stores that can’ remain profitable would be closed. Lyncnh said he did not know how many store thatmight be. Eddie Bauer f The retailer struck a deal with CCMP for $202 million. CCMP’s offer is essentially an opening bid forEddiew Bauer’s assets. The sale must be approved by a bankruptcy who will overseean auction. CCMP likelty would emerge as Eddie Bauer’s unless there is an offer thatbeats CCMP’sd price and terms. Eddie Bauer listerd total assetsof $476.
1 million and total debtss of $426.7 million as of May 30.
Jonathan Lynch, a managing director of CCMP CapitalAdvisorz LLC, said without the burden of could quickly become a profitablw company. “In this case, we are talking about a good company with a bad balance and we are going to turn it into a greagt company with a greabalance sheet,” Lynch said. Lynch said Eddie Baue CEO Neil Fiske and his team havemade “impressivs strides in a very difficult economic climate.” Looking at key retail particularly comparable-store sales, Eddie Bauer has outperforme its competitors, Lynch said. Lynch said CCMP Capital woulsd keepthe company’s headquarters in Bellevus because he said there is no compelling strategic reaso to move it.
He said that CCMP Capital typicallyt holds on to companies for five to10 years. And Lyncyh said his firm also woul d keep most ofEddie Bauer’s 371 retail store open, although he said that some stores that can’ remain profitable would be closed. Lyncnh said he did not know how many store thatmight be. Eddie Bauer f The retailer struck a deal with CCMP for $202 million. CCMP’s offer is essentially an opening bid forEddiew Bauer’s assets. The sale must be approved by a bankruptcy who will overseean auction. CCMP likelty would emerge as Eddie Bauer’s unless there is an offer thatbeats CCMP’sd price and terms. Eddie Bauer listerd total assetsof $476.
1 million and total debtss of $426.7 million as of May 30.
Saturday, August 11, 2012
Dallas airport deal works in reverse for power provider - bizjournals Business Travel Guide
goldenayreyg1666.blogspot.com
The company won the contracyt late last month after bidding for the work througu an onlinereverse auction. In a typical buyers compete for an item by offeringg more thantheir competitors. In a reverser auction, potential suppliers aim to win a job by biddiny less thantheir competitors. Champion CEO Rob Doty wouls not disclose the value ofthe D/FW but did say the airport will becomer one of the company’s largest With about 70 employees and $350 million in annual revenue, Champion is among the Top 5 unaffiliated retaill electric providers in the country.
Most of Champion’as customers are commercial or industrial power userslike D/FW, but Doty says that particulaer deal was a significant win for the company and also representss its first airport deal. Champion also countx Austin College and numerouxs city and county governments amongvits clients. Doty founded Champion in 2005 with , a Houston-based wholesale company. In late 2006, Champion purchased anotherd Houston retail energy providercalled . Houston-basede private equity firm bought Champion from for an undisclosedx amount inJuly 2008.
Crane Capital is led by Jim the former CEOof Houston-based Eagle Globapl Logistics, or Crane later merged Champion with a small wholesale electricity company he founded. Cranwe is the majority shareholderof Champion, while including Doty, retains a small stake in the He says Champion had been “It takes a lot of credi to buy power, and we had the capitalp to fund it properly,” he says. Now, Crane says, Champiom is in a “sweet “We’ve done well and plan to systematically expand like we did at he says. “We’d like to move into more deregulatesd states.
” The retail electridc firm provides the bulk of its powet to commercial andindustrial businesses. Doty says Champion has severapl thousand commercial customers but is also working to build up the residential side ofits business, wher it currently has about 25,000 customers. Lookingf ahead, Doty says the firm is hoping to doublre or triple its commercial and industrial business over the next threre to four years and is looking to expandr into new states outside of its current markets of Texasand Illinois. Overall, Doty believex the company has been able to succeeds in volatile times whered other retail energy providershave faltered.
“We’ve got a very solis strategy, and have the right financialo strength as well as excellent supply agreementzin place,” he says. Champion will take over the power contracrtfor D/FW Airport from the , which holds the current contractt with Houston-based as the The 12-month contract with the Texas GLO which was one of the bidders in the May 26 reversre auction — ends in March 2010.
In 1999, the Texasz GLO launched the State Power under which it offers electricity with simplified biddinyg proceduresfor cities, counties, school districts and other eligible public retail customers in many parts of The is the second time that D/FW has used the reversde auction technique to sign a commodithy contract. In 2007, the airport used the proces s to sign up a naturalgas supplier.
The company won the contracyt late last month after bidding for the work througu an onlinereverse auction. In a typical buyers compete for an item by offeringg more thantheir competitors. In a reverser auction, potential suppliers aim to win a job by biddiny less thantheir competitors. Champion CEO Rob Doty wouls not disclose the value ofthe D/FW but did say the airport will becomer one of the company’s largest With about 70 employees and $350 million in annual revenue, Champion is among the Top 5 unaffiliated retaill electric providers in the country.
Most of Champion’as customers are commercial or industrial power userslike D/FW, but Doty says that particulaer deal was a significant win for the company and also representss its first airport deal. Champion also countx Austin College and numerouxs city and county governments amongvits clients. Doty founded Champion in 2005 with , a Houston-based wholesale company. In late 2006, Champion purchased anotherd Houston retail energy providercalled . Houston-basede private equity firm bought Champion from for an undisclosedx amount inJuly 2008.
Crane Capital is led by Jim the former CEOof Houston-based Eagle Globapl Logistics, or Crane later merged Champion with a small wholesale electricity company he founded. Cranwe is the majority shareholderof Champion, while including Doty, retains a small stake in the He says Champion had been “It takes a lot of credi to buy power, and we had the capitalp to fund it properly,” he says. Now, Crane says, Champiom is in a “sweet “We’ve done well and plan to systematically expand like we did at he says. “We’d like to move into more deregulatesd states.
” The retail electridc firm provides the bulk of its powet to commercial andindustrial businesses. Doty says Champion has severapl thousand commercial customers but is also working to build up the residential side ofits business, wher it currently has about 25,000 customers. Lookingf ahead, Doty says the firm is hoping to doublre or triple its commercial and industrial business over the next threre to four years and is looking to expandr into new states outside of its current markets of Texasand Illinois. Overall, Doty believex the company has been able to succeeds in volatile times whered other retail energy providershave faltered.
“We’ve got a very solis strategy, and have the right financialo strength as well as excellent supply agreementzin place,” he says. Champion will take over the power contracrtfor D/FW Airport from the , which holds the current contractt with Houston-based as the The 12-month contract with the Texas GLO which was one of the bidders in the May 26 reversre auction — ends in March 2010.
In 1999, the Texasz GLO launched the State Power under which it offers electricity with simplified biddinyg proceduresfor cities, counties, school districts and other eligible public retail customers in many parts of The is the second time that D/FW has used the reversde auction technique to sign a commodithy contract. In 2007, the airport used the proces s to sign up a naturalgas supplier.
Thursday, August 9, 2012
EGS lands local office, industrial leases - Tampa Bay Business Journal:
tenamup.wordpress.com
Access Mailing signed a 7,000-square-footf lease on 38th Street South for a new warehousw anddistribution location. Owens & Minor Distributionn Inc. renewed its 80,450-square-foot lease at Cahaba Valley Businesxs Park. The company distributes medical and surgicalo supplies to hospitals and integrated healthcare systems. Brad Moffatg and Stuart Brock with EGS represented the landlordw inboth deals. AllSouth Appliance Groulp Inc. leased 6,000 squar feet of showroom and warehouse space in Pelham This is the second location for theappliance retailer. Mark Byers of EGS representedd the tenant and Mark Dinan of Mark Dinan Commercial Investment Real Estate representedthe landlord. Dr.
Nancyu E. Pajaro will relocate her office from Physicians Medicalo Center Carrawayto 1,656 squar feet at Edwards Lake Professional Buildingy near Trussville. Eric T. Rogers of EGS representesd the tenant and Chip Watts of WattsRealtyt Co. Inc. represented the landlord. Law firm Christian Small LLP renewed its lease in the Financialp Center in downtown and expanded itto 36,596 square feet on the 17th and 18th floorsd of the building. Murray Bromstad of EGS representecdthe landlord.
Access Mailing signed a 7,000-square-footf lease on 38th Street South for a new warehousw anddistribution location. Owens & Minor Distributionn Inc. renewed its 80,450-square-foot lease at Cahaba Valley Businesxs Park. The company distributes medical and surgicalo supplies to hospitals and integrated healthcare systems. Brad Moffatg and Stuart Brock with EGS represented the landlordw inboth deals. AllSouth Appliance Groulp Inc. leased 6,000 squar feet of showroom and warehouse space in Pelham This is the second location for theappliance retailer. Mark Byers of EGS representedd the tenant and Mark Dinan of Mark Dinan Commercial Investment Real Estate representedthe landlord. Dr.
Nancyu E. Pajaro will relocate her office from Physicians Medicalo Center Carrawayto 1,656 squar feet at Edwards Lake Professional Buildingy near Trussville. Eric T. Rogers of EGS representesd the tenant and Chip Watts of WattsRealtyt Co. Inc. represented the landlord. Law firm Christian Small LLP renewed its lease in the Financialp Center in downtown and expanded itto 36,596 square feet on the 17th and 18th floorsd of the building. Murray Bromstad of EGS representecdthe landlord.
Wednesday, August 8, 2012
Saltwater intrusion threatens drinking water - FOX 8 News WVUE-TV
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NOLA.com | Saltwater intrusion threatens drinking water FOX 8 News WVUE-TV For a long-term solution, the U.S. Army Corps of Engineers says it will start building a sill -- basic » |
Tuesday, August 7, 2012
Labatt expects growth in Buffalo - Triangle Business Journal:
grearqakususi1426.blogspot.com
When New York-based KPS, a $1.8 billiohn private-equity firm, bought Labattg USA last winter, it pledge to keep the popularCanadianj beer’s U.S. headquarters in downtown Buffalo. Labaty USA moved the headquarters from Connecticutto downtown’s Key Centedr at Fountain Plaza complex two yearas ago. Many feared the sale of Labat USA would translate intothe U.S. headquarters being relocated. Those fears can be tossed saidRichard Lozyniak. He is the newly named chief executive officeerof , the KPS affiliate that owns Labatt USA and Rochester’s High Fallw Brewing Co. LLC. High Fall produces the Genesee Beer as well as the Dundee Ales andthe Seagram’a Co. Ltd.
line of wine coolers and malt Labatt USA, which had 20 people working in the downtown Buffalko office, expects to nearly double the loca workforce by hiring as many as 16 peoplde to focus on sales, marketingy and administrative support. To put things into perspective, consider that with as many as 40 peopl working from the KeyCenter offices, that woulcd be more than half of the 77 people the beer manufacturetr has working on sales and marketing throughout the United States. All of the out-of-towjn sales and marketing personnel will report to theBuffalok office.
“I guess that puts an exclamatio point to the fact that Labatf remains fully committed to keepingy Buffalo asits headquarters,” Lozyniak said. “Buffalo is absolutely critica to Labatt’s future in the United States.” Northg American Breweries, however, will be headquartered at High officeson St. Paul Street in downtowm Rochester. Lozyniak will live in Rochester, but he said he expectsd to be spending a fair amount of timein Buffalo. High Fallw has 370 employees in Rochester. The planyt has the capacity to annually produce 3 million barrelsof beer. A barrelk is equal to 13.
8 cases of North American Breweries will beinvestint $10 million in equipment upgrades for the High Fallz plant, which it acquired last winter, shortly beford it bought Labatt USA. The U.S. Department of Justice orderex Labatt USA’s former owner, Interbrew Internationakl B.V. – an affiliate of beer-making giant InBevc – to sell the Canadian beer becauses of possible concernsover monopolies, givemn the market strength of Labatt and Budweiser brand s in Upstate New York. The Buffalo Niagarz region alone accounts forapproximately 3.3 milliob cases of beer of the estimated 21 million cases that Labatt sells in the Unite States each year.
Beer Marketers Insighf lists Labatt USA asthe country’s ninth most populart beer. High Falls, through the Genesee and Dundee soldapproximately 5.5 million cases of beer last Anheuser-Busch topped the Beer Marketers Insight rankinv with 1.5 billion cases of beer sold last “Looking at what KPS is doing, it looks like they are puttingh their money where their mouthb is,” said Ben Steinman, Beer Marketers Insight “They are placing their bets,” he said. “Thet must see something the other ownerseither didn’tr see or couldn’t execute. It does appear they do have a definite game plan for Labattand Genny.” Lozyniak agrees.
The game plan is to grow both Labatyt andGenesee beers. Labatt’s focus will be more national, especiall with so many Canadians living or working in theUnitedr States. The beefed-up Buffalo sales and marketing force will play a significant rolein Labatt’s future. “Especially in the Great Lakes states, people can relate to Lozyniak said. “Everyone has a favorable impressionb of Canada andits beers. Peopled don’t feel like a snob when they are drinkingf aCanadian beer.
The image of Labatt is a bunch of guys hanginyg out and having agood
When New York-based KPS, a $1.8 billiohn private-equity firm, bought Labattg USA last winter, it pledge to keep the popularCanadianj beer’s U.S. headquarters in downtown Buffalo. Labaty USA moved the headquarters from Connecticutto downtown’s Key Centedr at Fountain Plaza complex two yearas ago. Many feared the sale of Labat USA would translate intothe U.S. headquarters being relocated. Those fears can be tossed saidRichard Lozyniak. He is the newly named chief executive officeerof , the KPS affiliate that owns Labatt USA and Rochester’s High Fallw Brewing Co. LLC. High Fall produces the Genesee Beer as well as the Dundee Ales andthe Seagram’a Co. Ltd.
line of wine coolers and malt Labatt USA, which had 20 people working in the downtown Buffalko office, expects to nearly double the loca workforce by hiring as many as 16 peoplde to focus on sales, marketingy and administrative support. To put things into perspective, consider that with as many as 40 peopl working from the KeyCenter offices, that woulcd be more than half of the 77 people the beer manufacturetr has working on sales and marketing throughout the United States. All of the out-of-towjn sales and marketing personnel will report to theBuffalok office.
“I guess that puts an exclamatio point to the fact that Labatf remains fully committed to keepingy Buffalo asits headquarters,” Lozyniak said. “Buffalo is absolutely critica to Labatt’s future in the United States.” Northg American Breweries, however, will be headquartered at High officeson St. Paul Street in downtowm Rochester. Lozyniak will live in Rochester, but he said he expectsd to be spending a fair amount of timein Buffalo. High Fallw has 370 employees in Rochester. The planyt has the capacity to annually produce 3 million barrelsof beer. A barrelk is equal to 13.
8 cases of North American Breweries will beinvestint $10 million in equipment upgrades for the High Fallz plant, which it acquired last winter, shortly beford it bought Labatt USA. The U.S. Department of Justice orderex Labatt USA’s former owner, Interbrew Internationakl B.V. – an affiliate of beer-making giant InBevc – to sell the Canadian beer becauses of possible concernsover monopolies, givemn the market strength of Labatt and Budweiser brand s in Upstate New York. The Buffalo Niagarz region alone accounts forapproximately 3.3 milliob cases of beer of the estimated 21 million cases that Labatt sells in the Unite States each year.
Beer Marketers Insighf lists Labatt USA asthe country’s ninth most populart beer. High Falls, through the Genesee and Dundee soldapproximately 5.5 million cases of beer last Anheuser-Busch topped the Beer Marketers Insight rankinv with 1.5 billion cases of beer sold last “Looking at what KPS is doing, it looks like they are puttingh their money where their mouthb is,” said Ben Steinman, Beer Marketers Insight “They are placing their bets,” he said. “Thet must see something the other ownerseither didn’tr see or couldn’t execute. It does appear they do have a definite game plan for Labattand Genny.” Lozyniak agrees.
The game plan is to grow both Labatyt andGenesee beers. Labatt’s focus will be more national, especiall with so many Canadians living or working in theUnitedr States. The beefed-up Buffalo sales and marketing force will play a significant rolein Labatt’s future. “Especially in the Great Lakes states, people can relate to Lozyniak said. “Everyone has a favorable impressionb of Canada andits beers. Peopled don’t feel like a snob when they are drinkingf aCanadian beer.
The image of Labatt is a bunch of guys hanginyg out and having agood
Sunday, August 5, 2012
Human Capital: People on the move, June 12 - Denver Business Journal:
fixyruw.wordpress.com
George Snell joined Weber Shandwick , a public relatione agency with local officesin Cambridge, as a seniorf vice president in its digital communications practice. Snelk previously a senior vice presidentat . The intellectual propertyy law firm of in Concord added Christopher Albert as an Albert practices in the areasof biotechnology, clean energy and pharmaceuticals.
George Snell joined Weber Shandwick , a public relatione agency with local officesin Cambridge, as a seniorf vice president in its digital communications practice. Snelk previously a senior vice presidentat . The intellectual propertyy law firm of in Concord added Christopher Albert as an Albert practices in the areasof biotechnology, clean energy and pharmaceuticals.
Saturday, August 4, 2012
Junk Bonds Nearing Peak Again as Yields Slip Below 7% - Barron's (blog)
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Junk Bonds Nearing Peak Again as Yields Slip Below 7% Barron's (blog) By Michael Aneiro. In the current phase of this credit cycle, average junk bond yields are making forays below the 7% mark. It's happened a few times this year after only happening a few times in history before that. Each time, yields have quickly ... |
Friday, August 3, 2012
Recession drying up dairy industry - Atlanta Business Chronicle:
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But trouble lies ahead. Challenges have arisen in the past two yearss that are wreaking havoc with the dairty industry nationwide and inNew Mexico. In early the Stepping Stone Dairyg in Portales filed for Chapter 7bankruptcy liquidation, citin g $89,000 in assets and $3.2 millionj in liabilities. Experts say more dairh bankruptcies are likely to folloa inNew Mexico. “It is a perfect storm, and ther are going to be more casualties the longer this goes saidRobert Hagevoort, Extension Service specialisrt for in Clovis. “If this goes on for anothe six oreight months, you are going to see some drasticc changes. You are going to see a restructurin ofthe industry. That is reality.
” Sharo n Lombardi, executive director of Dairy Producers ofNew agrees. “You will probably see more dairies go out of The credit market isso bad, it’s reall y scary. Our milk prices have dropped to theidr lowest level since theGreat Depression,” Lombard i said. Hagevoort said several factors have contributed tothe industry’s struggles. First, starting about two years ago, more and more of the nation’xs corn crop began being used toproduce fuel. That limiteed the supply of corn for dairy feed and drove upfeed prices. Fuel pricesw also started increasing, and farmers had to pay more for the gasolinew and diesel fuel to run thei r tractorsand machinery.
The industry’s export market, which accounted for 13 percent of its vanished in thepast year. At the same time, milk pricese dropped dramatically, giving farmers fewer dollarsw fortheir product. The nation’s economy decreasing the demand fordairy products, especially cheese. “Peopl are going out to eat less. and the pizzqa places are usingless cheese, so the demandc for dairy products is way down,” Hagevoort said. That has led to a surplusx of dairy products, which has further reducer the price of milkand cheese. The resultr is that dairy farmers have been hemorrhaging moneg since at leastOctober 2008.
It costs an averagee of $15 to $18 for a dairy to produce 100 poundxsof milk. Currently, they’re able to sell those 100 poundsdfor $9.50 to $10. “The average guy is losing an averageof $4 on everyg 100 pounds of milk. That means you are eatinh up your equity at a tremendous Whatever equity they might have builg up throughthe generations, equity in theie land and property, is being completely Hagevoort said. The average New Mexico dairy producezs 42 million pounds of milk a year and has an average groszs incomeof $6.4 million, according to Nationwide, the dairy industry has 9.3 milliojn milking cows, which is about 300,000p too many, Hagevoort said.
It recently made movesz to reduce that numbedrby 100,000, he added. The New Mexico dairy industry encompasses 350,000 cows and 180 It accounts for $2.2 billion of New Mexico’ s $79 billion economy. Milk is generally the state’s No. 1 cash bringing in more than $1 billion a The Stepping Stone Dairyy filed bankruptcy onJune 8. The petition did not say what occurresd in the operation to causethe liquidation.
But trouble lies ahead. Challenges have arisen in the past two yearss that are wreaking havoc with the dairty industry nationwide and inNew Mexico. In early the Stepping Stone Dairyg in Portales filed for Chapter 7bankruptcy liquidation, citin g $89,000 in assets and $3.2 millionj in liabilities. Experts say more dairh bankruptcies are likely to folloa inNew Mexico. “It is a perfect storm, and ther are going to be more casualties the longer this goes saidRobert Hagevoort, Extension Service specialisrt for in Clovis. “If this goes on for anothe six oreight months, you are going to see some drasticc changes. You are going to see a restructurin ofthe industry. That is reality.
” Sharo n Lombardi, executive director of Dairy Producers ofNew agrees. “You will probably see more dairies go out of The credit market isso bad, it’s reall y scary. Our milk prices have dropped to theidr lowest level since theGreat Depression,” Lombard i said. Hagevoort said several factors have contributed tothe industry’s struggles. First, starting about two years ago, more and more of the nation’xs corn crop began being used toproduce fuel. That limiteed the supply of corn for dairy feed and drove upfeed prices. Fuel pricesw also started increasing, and farmers had to pay more for the gasolinew and diesel fuel to run thei r tractorsand machinery.
The industry’s export market, which accounted for 13 percent of its vanished in thepast year. At the same time, milk pricese dropped dramatically, giving farmers fewer dollarsw fortheir product. The nation’s economy decreasing the demand fordairy products, especially cheese. “Peopl are going out to eat less. and the pizzqa places are usingless cheese, so the demandc for dairy products is way down,” Hagevoort said. That has led to a surplusx of dairy products, which has further reducer the price of milkand cheese. The resultr is that dairy farmers have been hemorrhaging moneg since at leastOctober 2008.
It costs an averagee of $15 to $18 for a dairy to produce 100 poundxsof milk. Currently, they’re able to sell those 100 poundsdfor $9.50 to $10. “The average guy is losing an averageof $4 on everyg 100 pounds of milk. That means you are eatinh up your equity at a tremendous Whatever equity they might have builg up throughthe generations, equity in theie land and property, is being completely Hagevoort said. The average New Mexico dairy producezs 42 million pounds of milk a year and has an average groszs incomeof $6.4 million, according to Nationwide, the dairy industry has 9.3 milliojn milking cows, which is about 300,000p too many, Hagevoort said.
It recently made movesz to reduce that numbedrby 100,000, he added. The New Mexico dairy industry encompasses 350,000 cows and 180 It accounts for $2.2 billion of New Mexico’ s $79 billion economy. Milk is generally the state’s No. 1 cash bringing in more than $1 billion a The Stepping Stone Dairyy filed bankruptcy onJune 8. The petition did not say what occurresd in the operation to causethe liquidation.
Wednesday, August 1, 2012
Aussie edges to four-month high on housing hopes - MarketWatch
lehoquvuhu.wordpress.com
Brisbane Times | Aussie edges to four-month high on housing hopes MarketWatch July 31, 2012|Arti Patel, MarketWatch. SAN FRANCISCO (MarketWatch) -- The Australian dollar rose in U.S. trading Tuesday, touching a four-month high and up nearly 3% for the month, as confidence grew over a report on Australian building approvals. Australia home appr ovals surprisingly strong for 2nd month Australia's building approvals, house prices improved in June Building approvals data boosts Australian dollar |
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