Paid attendance at Dodger Stadium down 8000 per game: A fan's reaction Yahoo! Sports Frank McCourt has become an enemy of the sports community in LA, Bryan Stow was brutally beat up on opening day, and the team has played subp-ar baseball. The only thing missing is extremely hot weather or a natural disaster. ... |
Wednesday, August 31, 2011
Paid attendance at Dodger Stadium down 8000 per game: A fan's reaction - Yahoo! Sports
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Sunday, August 28, 2011
Fitch downgrades state bonds despite
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The New York-based agency this week said it loweresdthe AA+ rating attached to the bonds by a peg to AA, citingy “the long-term deterioration of the state’ss economy” and concern that Ohio didn’t bounce back as stronglyy as other states following the 2000-01 recession. Fitch also notee that the 100,000 manufacturing jobs lost in Ohio over the past year and recen plans by to close some operationz in the state are ofparticulart concern. The rating downgrade comes as a conferenced committee composed of Ohio House of Representatives and Senat e members is poised to finalizethe state’a budget for the two years beginning July 1.
Legislators are expected to receive updated tax revenuedprojections Thursday, which coulde lead to spending cuts beyond the $1 billiojn the Republican-controlled Senate made to a budger passed by the Democrat-controlled House. Fitch characterized Ohio’s financiap management as “sound,” adding that its rating takes into expectationas that the state budget willbe balanced. Despitw downgrading the bonds, the agency revised its overallp ratings outlook for the state to from “negative.” • Fitch issued a AA rating to $40 million in coal developmeny general obligation bonds set to sell next That’s the third-highest investment grade possiblr on its scale.
• The agencyu also downgraded to AA- from AA ratingse on appropriation-backed bonds.
The New York-based agency this week said it loweresdthe AA+ rating attached to the bonds by a peg to AA, citingy “the long-term deterioration of the state’ss economy” and concern that Ohio didn’t bounce back as stronglyy as other states following the 2000-01 recession. Fitch also notee that the 100,000 manufacturing jobs lost in Ohio over the past year and recen plans by to close some operationz in the state are ofparticulart concern. The rating downgrade comes as a conferenced committee composed of Ohio House of Representatives and Senat e members is poised to finalizethe state’a budget for the two years beginning July 1.
Legislators are expected to receive updated tax revenuedprojections Thursday, which coulde lead to spending cuts beyond the $1 billiojn the Republican-controlled Senate made to a budger passed by the Democrat-controlled House. Fitch characterized Ohio’s financiap management as “sound,” adding that its rating takes into expectationas that the state budget willbe balanced. Despitw downgrading the bonds, the agency revised its overallp ratings outlook for the state to from “negative.” • Fitch issued a AA rating to $40 million in coal developmeny general obligation bonds set to sell next That’s the third-highest investment grade possiblr on its scale.
• The agencyu also downgraded to AA- from AA ratingse on appropriation-backed bonds.
Friday, August 26, 2011
Real Estate Review - South Florida Business Journal:
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million. The lure for potential buyers is that the buildingse are 100 percent leased and come with financing alreaduy in place that a new ownercan inherit. The buildingz total nearly 240,000 square feet and include 540Gallati NW, 7501 Meridian NW and 7401 Snaproll NE, the lattetr an office building among Brunacini’s Journal Center (Jefferson/Paseo del Nortse area) projects. The tenants in the Westside buildings include blue chipclientr Kellogg’s. The buildings date from 2004 and 2005 and have attractefdconsiderable interest, said Patti Peixotto, who has the listing as part of investment team.
“There are not a lot of high-qualityh new buildings on the markeftthat don’t need new financing. A lot of new buyerws into this market wantto enter, but need quantity. This is a chancre to acquire nearly 250,000 square feet,” Peixotto said.
million. The lure for potential buyers is that the buildingse are 100 percent leased and come with financing alreaduy in place that a new ownercan inherit. The buildingz total nearly 240,000 square feet and include 540Gallati NW, 7501 Meridian NW and 7401 Snaproll NE, the lattetr an office building among Brunacini’s Journal Center (Jefferson/Paseo del Nortse area) projects. The tenants in the Westside buildings include blue chipclientr Kellogg’s. The buildings date from 2004 and 2005 and have attractefdconsiderable interest, said Patti Peixotto, who has the listing as part of investment team.
“There are not a lot of high-qualityh new buildings on the markeftthat don’t need new financing. A lot of new buyerws into this market wantto enter, but need quantity. This is a chancre to acquire nearly 250,000 square feet,” Peixotto said.
Wednesday, August 24, 2011
April construction spending rises - Pacific Business News (Honolulu):
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percent in April, the biggest one-month increase since August 2008, and was led by a jump in both private andresidential construction. A Bloomberg survey of 45 economistss had projected a median dropof 1.5 percent. The ’ repor from the Census Bureau says spending on private construction was at a seasonall y adjusted annual rateof $657. 3 billion, up 1.4 percent from the revisedf March estimateof $648.2 Residential construction rose 0.7 percent to a seasonally adjustee annual rate of $249.32 billion. Nonresidential construction rose 1.8 percent to an annual rate of $408.w billion.
Total public constructionm fellin April, although spending on highway projectas rose nearly 1 percent from the previous A separate report from the Commerce Department last week showeed construction of single-family homes rose 2.8 percent in April, the second consecutive monthly increase. Gains in single-family construction were overwhelmex by a 46 percent drop in apartment andcondi buildings, bringing total housing starts down 13 percent in April.
percent in April, the biggest one-month increase since August 2008, and was led by a jump in both private andresidential construction. A Bloomberg survey of 45 economistss had projected a median dropof 1.5 percent. The ’ repor from the Census Bureau says spending on private construction was at a seasonall y adjusted annual rateof $657. 3 billion, up 1.4 percent from the revisedf March estimateof $648.2 Residential construction rose 0.7 percent to a seasonally adjustee annual rate of $249.32 billion. Nonresidential construction rose 1.8 percent to an annual rate of $408.w billion.
Total public constructionm fellin April, although spending on highway projectas rose nearly 1 percent from the previous A separate report from the Commerce Department last week showeed construction of single-family homes rose 2.8 percent in April, the second consecutive monthly increase. Gains in single-family construction were overwhelmex by a 46 percent drop in apartment andcondi buildings, bringing total housing starts down 13 percent in April.
Monday, August 22, 2011
LendingTree expands product offering - The Business Review (Albany):
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According to the company, its customer-retention technologuy identifies customers byloan amount, loan-to-value loan purpose and FICO scores. “With refinancint activity from borrowers representint a significant portion of overall origination our lender network has expressed a desire to capture and retainm currentmortgage customers,” says Bob Harris, president of the LendingTres Exchange. “As part of the LendingTrese network, banks and lenders that use ournew customer-retention initiativ will be able to significantly impact the ratiol of overall mortgage portfolio just as effectively as they can attrac t new borrowers.
” LendingTree is owned by Charlotte-based (NASDAQ:TREE), an onlinde lending and real estate company. Tree.com’s principle businesses are LendingTree, whic matches potential mortgage borrowerzsto lenders, and which works with individuala seeking homes and real estate agents. LendingTree says it has facilitater more than 25 million requestsd for loans onlineand $185 billion in closed loan transactions.
According to the company, its customer-retention technologuy identifies customers byloan amount, loan-to-value loan purpose and FICO scores. “With refinancint activity from borrowers representint a significant portion of overall origination our lender network has expressed a desire to capture and retainm currentmortgage customers,” says Bob Harris, president of the LendingTres Exchange. “As part of the LendingTrese network, banks and lenders that use ournew customer-retention initiativ will be able to significantly impact the ratiol of overall mortgage portfolio just as effectively as they can attrac t new borrowers.
” LendingTree is owned by Charlotte-based (NASDAQ:TREE), an onlinde lending and real estate company. Tree.com’s principle businesses are LendingTree, whic matches potential mortgage borrowerzsto lenders, and which works with individuala seeking homes and real estate agents. LendingTree says it has facilitater more than 25 million requestsd for loans onlineand $185 billion in closed loan transactions.
Saturday, August 20, 2011
Wednesday, August 17, 2011
Crist vetoes controversial insurance bill - Charlotte Business Journal:
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“We really don’t have a choice but to continued with our plan to discontinue our propert y insurance coveragein Florida,” said State Farm spokesmajn Michael Connolly. Crist cited concerns that signing HB 1171 coule trigger significant rate increases and reverse effortas by state officials and the Legislature to make the Floridaq marketmore competitive. Proponents of the legislation called itthe “Consumee Choice” bill.
Crist said in a news release that the bill gavea “selectt group of property insurance companies” the power of choosing who would be offered the policy, allowing them to cherry-pic k the best customers and dump policiee with the greatest In a June 16 letter to the governor, Jim Thompson, presidenrt of State Farm Florida Insurance Co., encouraged him to sign the but made no promises to stay if he did. Thompsonm even included a couple of caveats toStatse Farm’s statement of non-commitment.
“If HB 1171 were to become law, and if the (Officed of Insurance Regulation) expediently administers the law in a manneer consistent with the legislative intent of its legislativs sponsorsand supporters, Statre Farm would be willing to re-examine its options,” Thompsonj wrote. The governor pointed to the fact that the bill did not require that the select companiez stay in Florida as a motivating factor inhis “House Bill 1171 allows certain insurers the ability to collect unregulated insurancwe premiums and then leave the marketplace with Florida’sz hard-working families’ earnings,” he said.
Stater Farm Florida has been talking with states regulators about its plan toleave Florida. In , the companyg asked to stop writing property coveragee in the Sunshine State because it no longer could affordc to dobusiness here. Following the the National Association of Insurance and Financial which represents the majority of State Farm released a statement through spokesmanBob Lotane. “If nothing else, this moved debate on how to address our insurance challenges 180 degrees from whersewe were, and showed we have got to welcome and examine new he said.
Ed spokesman, said a hearing will be held July 15 to determin the need for a formal hearin onState Farm’s plan to leave Click to read the plan. OIR’s biggest sticking poinft in the negotiations has been whetherf State Farm agents would be able to sell policiea other than its own and The initial agreement states that State Farm woulc provide a minimum of six months notice prior toexecutingv non-renewals. State Farm policyholders, he have time to find other coverage. “It was expecteds that nothing like that would begin to happen until laterthis year,” Domansky said. “Iu suspect nothing would take place for another sixmonthw out.
” Brad Ashwell, consumer advocate for , whicb opposed the bill, expects the deregulation of Florida’s insurancee industry will become a central issue in the gubernatorialp campaign. He said whomevef wins the state’s top political post will help determiner how much traction deregulatiojn has in the nextlegislative session. Ashwell addedc that his group is ecstatic withthe governor’s decision. “We couldn’t be more he said. “We are glad he stoord up for consumers.
” Barney Bishop III, president and CEO of , criticizes the governor’s veto, saying it would forc e hundreds of thousands of homeownerz to switchto “thinly-financed” insurancd companies that will charge them as much if not more than theier current insurer. He gave no evidenc for the assertions. But Ashwell said no one has evaluatedf howwell small, private companies can weather a stormk financially, so Bishop’s statement is inaccurate at He also pointed to the that State Farm is considering leaving of its own accord. “This isn’t the governor’s fault that State Farm is deciding to he said.
“OIR’s role in protecting consumers is not what is drivingy State Farm out ofthe state. [State Farm] has a commended the governor’s action saying it would have allowed certain larger insurance companies an unfaifrbusiness advantage. It noted that the bill “woulrd have further diminished affordable choices for Floridians and wouled have eventually dumped more policies intothe state-run insurancs program Citizens.
"
“We really don’t have a choice but to continued with our plan to discontinue our propert y insurance coveragein Florida,” said State Farm spokesmajn Michael Connolly. Crist cited concerns that signing HB 1171 coule trigger significant rate increases and reverse effortas by state officials and the Legislature to make the Floridaq marketmore competitive. Proponents of the legislation called itthe “Consumee Choice” bill.
Crist said in a news release that the bill gavea “selectt group of property insurance companies” the power of choosing who would be offered the policy, allowing them to cherry-pic k the best customers and dump policiee with the greatest In a June 16 letter to the governor, Jim Thompson, presidenrt of State Farm Florida Insurance Co., encouraged him to sign the but made no promises to stay if he did. Thompsonm even included a couple of caveats toStatse Farm’s statement of non-commitment.
“If HB 1171 were to become law, and if the (Officed of Insurance Regulation) expediently administers the law in a manneer consistent with the legislative intent of its legislativs sponsorsand supporters, Statre Farm would be willing to re-examine its options,” Thompsonj wrote. The governor pointed to the fact that the bill did not require that the select companiez stay in Florida as a motivating factor inhis “House Bill 1171 allows certain insurers the ability to collect unregulated insurancwe premiums and then leave the marketplace with Florida’sz hard-working families’ earnings,” he said.
Stater Farm Florida has been talking with states regulators about its plan toleave Florida. In , the companyg asked to stop writing property coveragee in the Sunshine State because it no longer could affordc to dobusiness here. Following the the National Association of Insurance and Financial which represents the majority of State Farm released a statement through spokesmanBob Lotane. “If nothing else, this moved debate on how to address our insurance challenges 180 degrees from whersewe were, and showed we have got to welcome and examine new he said.
Ed spokesman, said a hearing will be held July 15 to determin the need for a formal hearin onState Farm’s plan to leave Click to read the plan. OIR’s biggest sticking poinft in the negotiations has been whetherf State Farm agents would be able to sell policiea other than its own and The initial agreement states that State Farm woulc provide a minimum of six months notice prior toexecutingv non-renewals. State Farm policyholders, he have time to find other coverage. “It was expecteds that nothing like that would begin to happen until laterthis year,” Domansky said. “Iu suspect nothing would take place for another sixmonthw out.
” Brad Ashwell, consumer advocate for , whicb opposed the bill, expects the deregulation of Florida’s insurancee industry will become a central issue in the gubernatorialp campaign. He said whomevef wins the state’s top political post will help determiner how much traction deregulatiojn has in the nextlegislative session. Ashwell addedc that his group is ecstatic withthe governor’s decision. “We couldn’t be more he said. “We are glad he stoord up for consumers.
” Barney Bishop III, president and CEO of , criticizes the governor’s veto, saying it would forc e hundreds of thousands of homeownerz to switchto “thinly-financed” insurancd companies that will charge them as much if not more than theier current insurer. He gave no evidenc for the assertions. But Ashwell said no one has evaluatedf howwell small, private companies can weather a stormk financially, so Bishop’s statement is inaccurate at He also pointed to the that State Farm is considering leaving of its own accord. “This isn’t the governor’s fault that State Farm is deciding to he said.
“OIR’s role in protecting consumers is not what is drivingy State Farm out ofthe state. [State Farm] has a commended the governor’s action saying it would have allowed certain larger insurance companies an unfaifrbusiness advantage. It noted that the bill “woulrd have further diminished affordable choices for Floridians and wouled have eventually dumped more policies intothe state-run insurancs program Citizens.
"
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