iwibacibem.wordpress.com
That, in theory, was the lesson hoteliers learnedf from thelast downturn. With occupancuy tumbling after Sept. 11 and the dot-com hotels cut room rates deeply so deeply that local room rates still lagother cities. But it turns out that memoriedare short, and that hotelx have only a limited arsenal when it comea to getting heads in beds. By Novemberf 2008, some San Franciscok hotels anxious about the downturn were already publishinvg steep discounts on web sites likeand . And in as price-sensitives an industry as whereone leads, all too many will Some kick and scream, but they folloew all the same.
“Unfortunately, everybody talks restraint, and nobody does it,” said Tom CEO of . “All the grounx we lost after 2001, we still haven’tg made that up again because you drop rates real but increasing them againtakes time, even in as stron g a market as we had from 2004 to According to PKF, average dailyh room rates in San Franciscko dropped 14 percent between 2000 and 2001, and occupanct during that same period fell 20 percent.
In this current recession, PKF forecasts that averag daily rates in 2009 will drop between 4 and 5 percent and occupancy will drop by another 10 It also forecasts revenuee per availableroom — a factor of average daily room ratews and occupancy — to be down at leastg 10 percent in San That said, the firm has already had to adjusg downward its numbers more than once as economic conditions deteriorate rapidly. A Morgabn Stanley report for the first weekof February, the most recen t data available, had revenue per available room plunginhg 27 percent nationwide for the firsy week of February, an ominousx figure.
Experts agree that San Francisco is likely to fare better then the nation asa whole. some San Francisco hoteliers say they have had to give in to pressur tocut prices. “We want to keep peopl e traveling tothe city, so we do the most obviou thing. We have to soften some rates. (People) are not going to pay the same they would indifferenr times,” said Jon Kimball, general manager of the Westimn St. Francis, which is a 1,195-room hotel and said to be an earl adopter of discountingweb sites. “When push come s to shove, we have to react to the market, and we have to reacgt to other cities. When you have a Las and we compete for thesame traveler, it’s force on us.
” Hotel consultantsw — who, unlike general are not under intense pressurse to fill rooms — maintain that price-cutting is a false promise. “Igt doesn’t matter how much you slashy your rates. If there’s no demand, there’ no demand,” said Rick Swig of . “All it takes is one major player to star t discounting andacting unwisely, in my point of view, and it affecta the entire market because everybodgy has to compete. If enoughb players decide they will you look pretty stupid if your rates are 20 to 30 percenyt higher thanyour competitors.
” Other hotels, particularly luxury hesitant to tarnish their brand with anythinhg as populist as a sale, instead create packagesz with freebies. The individual componentzs add up to more than acustomer pays, but without discountinfg the actual room cost. For example, the Four Seasonw San Francisco, long a standout for not offerin grooms online, will extend certaimn promotions or offer an extra night free for a certain minimumj stay.
And the hotel is for the firsg time considering making some inventory available online, but only because it is an importany channel to reach guests who prefer to book The Four Season wouldn’t discounr rooms it puts online because it doesn’t want to jeopardize long-standingy client relationships by undercutting their rated with online specials, said Doug the hotel’s general manager. “It’s not the case that we won’t make we want to be competitive withour prices,” Housley “But there is a turn it on, turn it off where if a weekend is slow (hotels) will dump 100 roomws on the Internet at 50 percent off, to which we don’ t subscribe.
” The Clift Hotel, part of , has a “Stauy Big” recession package, where $425 gets you an upgradse from a deluxe room to a suite, guaranteed admission to the Redwoo Room, a welcome cocktail and a three-cours dinner at Asia de A one-bedroom suite for an upcominy Friday night costs $500. It’s discounting by another name but it looks different since room rates appear Hotels that do drop thei r rates are hopeful that getting more peopls into the hotel will get them to spendx ancillary dollars inthe hotel, whether on room service, at the bar or even in the gift “As long as they make incremental income, a lot of (general are going to discoungt accordingly,” Callahan said.
On the bright side, San Francisco’ss hospitality industry looks poised to weathe the downturn better than mostother There’s not a glut of new inventory coming a decent convention year is booked and internationapl arrivals are projected to drop just 1.3 percent, Callahan said, so internationap tourism looks to hold fairly In the meantime, many hotels are duking it out for reducec market share. “What rate cutting won’ t do is attract enough new business to San Francisco to make it more than another destinations or even stayingat home, Swig “What it will do is move marketr share. Customers will move from one hote l to another for abetter rate.
”
суббота, 31 марта 2012 г.
четверг, 29 марта 2012 г.
Bizjournals: Denver area to approach 3 million people by 2025 - Silicon Valley / San Jose Business Journal:
oryucyjofec1482.blogspot.com
The projected growth rate of Denvet and its suburbs ranks 78th amonvg250 U.S. metropolitan areas studied by bizjournals. Bizjournals forecastd that the Denver-Aurora metro area will grow 26.31 percenty from its 2005 estimated populationof 2,358,271q to a 2025 populationb of 2,978,712, an increase of 620,441 residents. The reportr treats Boulder as a separatemetrp area. It ranks Boulder at 172nde out of250 U.S. metros, with a 7.46 percent projectecd growth rateby 2025. The Bouldert area is expected to growfrom 282,11 residents in 2005 to 303,173 in bizjournals expects.
The bizjournals analysie ranks the Greeley areahighest -- 17th -- among Coloradol metro areas studied, with a predicted growtb rate of 60.61 percent by 2025. The report says Greeley will growfrom 226,35r residents to 363,539. The Fort Collins area ranks 106thg out of250 U.S. metros, with a projected growth rate of 19.43 percent, from 275,570 residents in 2005 to 329,120 in 2025. The Colorad Springs area ranks 122nd, with a predicted growtg rate of 17.13 percent, from 588,719 to 689,584. The bizjournalss forecasts are based on population data and existing ratedsof growth. for the full bizjournals growtj reporton U.S. metro-area growth. And for a chart showin g Colorado cities' rankings.
The projected growth rate of Denvet and its suburbs ranks 78th amonvg250 U.S. metropolitan areas studied by bizjournals. Bizjournals forecastd that the Denver-Aurora metro area will grow 26.31 percenty from its 2005 estimated populationof 2,358,271q to a 2025 populationb of 2,978,712, an increase of 620,441 residents. The reportr treats Boulder as a separatemetrp area. It ranks Boulder at 172nde out of250 U.S. metros, with a 7.46 percent projectecd growth rateby 2025. The Bouldert area is expected to growfrom 282,11 residents in 2005 to 303,173 in bizjournals expects.
The bizjournals analysie ranks the Greeley areahighest -- 17th -- among Coloradol metro areas studied, with a predicted growtb rate of 60.61 percent by 2025. The report says Greeley will growfrom 226,35r residents to 363,539. The Fort Collins area ranks 106thg out of250 U.S. metros, with a projected growth rate of 19.43 percent, from 275,570 residents in 2005 to 329,120 in 2025. The Colorad Springs area ranks 122nd, with a predicted growtg rate of 17.13 percent, from 588,719 to 689,584. The bizjournalss forecasts are based on population data and existing ratedsof growth. for the full bizjournals growtj reporton U.S. metro-area growth. And for a chart showin g Colorado cities' rankings.
вторник, 27 марта 2012 г.
10-story hotel, supermarket, housing eyed for 3.5 acres of publicly owned land ... - Boston.com
onesawava.wordpress.com
10-story hotel, supermarket, housing eyed for 3.5 acres of publicly owned land ... Boston.com By Matt Rocheleau, Town Correspondent A committee overseeing the development selection process for three-and-a-half acres of vacant, publicly owned land in Roxbury has recommended that the city choose proposals that include a 10-story hotel with more ... |
воскресенье, 25 марта 2012 г.
Single parents frequently face discrimination - Dayton Business Journal:
lebexab.wordpress.com
Some of us even may have rehearsed the answers time and agaimn as we smoothed out our blue suitzs in front of thebathroom mirror. "Where do you see yourselc in five years?" we ask ourselves, perhaps usiny a deeper tone to indicate those on the othedr side of theconference "I would like to be in a higher positiom at this same company," we quickly toss back with a yet gentle, smile. Other questions that inquire abouty ourwork ethic, our career path and what type of skillx we bring to the table often follow. But what if you founds yourself in a totallydifferent situation? Imaginde yourself walking into a business owner's office.
You sit and as you settle in the seat, he looksz up from your spotless resumeand asks: "Uh, no," you reply, a bit uncomfortable about the "Got kids?" he shoots back. I do," you say. This time allowin g your motherly pride and love for them to show througna bit. But before any warm fuzziese arehanded out, you're booterd out of the offics building. Why? Because this businesws doesn't hire single They're too much trouble. They take a lot of time off work and makethe company'ws health insurance premiums skyrocket. Sound ridiculous? many people, most often have found themselves inthis situation.
Kiki a 47-year-old woman who lives in Pennsylvania with her son and has been fighting what she calls famil biasfor years. She's made it her life's mission to get questionsz that pertain to marital status barred from interviewws in the stateof Pennsylvania. In fact, she even got one of her localo lawmakers to sponsor a bill to prohibit discriminationn in employment based on whether a person is married or has a It has yet to goto committee. Kiki's battle started in the mid-1990s when she and her two childrenh moved fromLong Island, N.Y., to Effort, Pa.
Of the 20 job interviewes Peppard had when shefirst moved, 18 of them includede questions about her marital Many interviewers asked her to leave as soon as she told them she was Kiki's gut feeling about the questions was that they must be She was partly Such questions are illegal for companieds to ask during a job interview, but only in certain Other states, such as Pennsylvania and don't bat an eye at such questioning, accordinvg to 9 to 5 National Association for Workinv Women. People who think they are being discriminated against can file a complainf with the Equal EmploymentOpportunity Commission.
But nothing can be done about it unless it is found that the company has treatesd single fathers in thesame manner. And that's almosty impossible to prove. Still, it's an issue many women are and often goes beyonddthe interview, according to Cindia Cameron, organizing director for 9 to 5. "Iyt also includes being passed over for promotiom or more responsibility inthe workplace," Camero said. "It is a stereotypre that says someone wouldn't be interested or able to make the because theyhave children. So, what can women, or men, who find themselvesz in this situation do? • Go with the flow.
Some of us even may have rehearsed the answers time and agaimn as we smoothed out our blue suitzs in front of thebathroom mirror. "Where do you see yourselc in five years?" we ask ourselves, perhaps usiny a deeper tone to indicate those on the othedr side of theconference "I would like to be in a higher positiom at this same company," we quickly toss back with a yet gentle, smile. Other questions that inquire abouty ourwork ethic, our career path and what type of skillx we bring to the table often follow. But what if you founds yourself in a totallydifferent situation? Imaginde yourself walking into a business owner's office.
You sit and as you settle in the seat, he looksz up from your spotless resumeand asks: "Uh, no," you reply, a bit uncomfortable about the "Got kids?" he shoots back. I do," you say. This time allowin g your motherly pride and love for them to show througna bit. But before any warm fuzziese arehanded out, you're booterd out of the offics building. Why? Because this businesws doesn't hire single They're too much trouble. They take a lot of time off work and makethe company'ws health insurance premiums skyrocket. Sound ridiculous? many people, most often have found themselves inthis situation.
Kiki a 47-year-old woman who lives in Pennsylvania with her son and has been fighting what she calls famil biasfor years. She's made it her life's mission to get questionsz that pertain to marital status barred from interviewws in the stateof Pennsylvania. In fact, she even got one of her localo lawmakers to sponsor a bill to prohibit discriminationn in employment based on whether a person is married or has a It has yet to goto committee. Kiki's battle started in the mid-1990s when she and her two childrenh moved fromLong Island, N.Y., to Effort, Pa.
Of the 20 job interviewes Peppard had when shefirst moved, 18 of them includede questions about her marital Many interviewers asked her to leave as soon as she told them she was Kiki's gut feeling about the questions was that they must be She was partly Such questions are illegal for companieds to ask during a job interview, but only in certain Other states, such as Pennsylvania and don't bat an eye at such questioning, accordinvg to 9 to 5 National Association for Workinv Women. People who think they are being discriminated against can file a complainf with the Equal EmploymentOpportunity Commission.
But nothing can be done about it unless it is found that the company has treatesd single fathers in thesame manner. And that's almosty impossible to prove. Still, it's an issue many women are and often goes beyonddthe interview, according to Cindia Cameron, organizing director for 9 to 5. "Iyt also includes being passed over for promotiom or more responsibility inthe workplace," Camero said. "It is a stereotypre that says someone wouldn't be interested or able to make the because theyhave children. So, what can women, or men, who find themselvesz in this situation do? • Go with the flow.
пятница, 23 марта 2012 г.
Student sues school over proposed changes aimed at making prom more inclusive ... - Washington Post
qalymeled.wordpress.com
Daily Mail | Student sues school over proposed changes aimed at making prom more inclusive ... Washington Post ATLANTA â€" A suburban Atlanta high school student says in a federal lawsuit that administrators removed him as student body president after he promoted changes aimed at making the prom more inclusive to gay students. Reuben Lack, an 18-year-old senior ... Student sues Ga. school over proposed prom changes |
среда, 21 марта 2012 г.
Mentor cuts losses in half - Portland Business Journal:
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The Wilsonville-based company (NASDAQ: MENT) makes the softward and other tools used by engineers to desighn microchips and other electronic For the quarter that endedApril 30, Mentofr reported a loss of nearly $13 million, or 14 centx per share, on $193.8 millionm in sales. A year earlier it reporte d a $25.5 million, or 28 cents per share, loss on $179.2q million in sales. Excluding things such as special chargew andequity plan-related compensation the company would have had earnings of 9 cents per shared for the quarter. Analysts polled by Thomson Reuters expected earnings of 7 centsw per shareon $201.7 million in Bookings for the quarter jumped 25 percentg over the previous year.
“We believe the semiconductor market has and that customers who wish to remaijn competitive will sustain most of theidesign effort,” Mentor CEO Walden C. Rhinexs said in a news release. The company expects second quarter revenue ofabout $165 million with a loss of 10 centa per share due to customers not renewing expiring contracts. Mentor shares fell more than 11 percentfin mid-day trading to $5.7p0 per share. They have a 52-wee k range between $3.34 and $16.00.
The Wilsonville-based company (NASDAQ: MENT) makes the softward and other tools used by engineers to desighn microchips and other electronic For the quarter that endedApril 30, Mentofr reported a loss of nearly $13 million, or 14 centx per share, on $193.8 millionm in sales. A year earlier it reporte d a $25.5 million, or 28 cents per share, loss on $179.2q million in sales. Excluding things such as special chargew andequity plan-related compensation the company would have had earnings of 9 cents per shared for the quarter. Analysts polled by Thomson Reuters expected earnings of 7 centsw per shareon $201.7 million in Bookings for the quarter jumped 25 percentg over the previous year.
“We believe the semiconductor market has and that customers who wish to remaijn competitive will sustain most of theidesign effort,” Mentor CEO Walden C. Rhinexs said in a news release. The company expects second quarter revenue ofabout $165 million with a loss of 10 centa per share due to customers not renewing expiring contracts. Mentor shares fell more than 11 percentfin mid-day trading to $5.7p0 per share. They have a 52-wee k range between $3.34 and $16.00.
понедельник, 19 марта 2012 г.
Fair Trade importer Alter Eco cultivates growth - Puget Sound Business Journal (Seattle):
hegenefipa.blogspot.com
Its from this office that Altefr Eco Americas is bringing Fair Trade and organic goods from acroszs the worldto U.S. grocery storea while trying to make a dent in global poverty. The startup has more than quadrupled its revenude over three yearsto $1.5 million in 2008 by landintg distribution for products such as quinosa and jasmine rice in major grocery chains. One grocer that carries its products is Whole which has increased its Fair Trad offerings to morethan 1,000 products in the last two including Alter Eco’s organic extra virgim olive oil from Palestine.
“More consumers are interested in the storiex behindtheir food,” said Edouard Rollet, co-founder and chief operations officer of Alter Eco in explaining the company’s explosive growth. Alterf Eco Americas was started in 2004 in San Francisco as aseparats company, but spun out of Alter Eco, which was foundecd in France a decadd ago to import and distribute good from marginalized farmers in countries like Bolivia, Peru and “Most of them own abouyt one to two acres of so there’s between $500 and $800 a year for them and theie family,” Rollet said. “And the problem is that they don’r have direct access to markets.
They have to sell to locakl buyers who setthe price.” Alter Eco Americas changed that by promising a fair pricee to groups of farmerxs that wouldn’t put them into debt. Rolleyt and co-founder Mathieu Senard openee Alter Eco Americas in 2004 after showinbg some ofthe company’s products at a natural food stor in Los Angeles. The two chose San Francisco becausee of its proximity to a major port where goodd can be shipped from its supplier countries and to venture capita firms that could potentially fundthe company. The companh has raised $750,000 from angel investors, and the founders are seekingy $1.5 million more.
“It’s for natural food and specialty food, one of the most pioneering areaxs of the U.S.,” Rollet said. Alter Eco importsa 150 products, including coffee from Peru, Ethiopias and Mexico, cocoa from Ghana and Bolivia, unrefinedf sugar from the Philippines, rice from Thailand and other foods underits brand. Alter Eco Americas has introduceds 26 of those to theUnited States. Most product carry the Fair Trade label, which certifies that companies pay theird workers fair wages and provide decentworking conditions, amongh other things.
It buys its products from small farmerzs organizedinto co-ops and sells to 1,800 grocerg stores across the country, including Andronico’s, Rainbowa Grocery, Whole Foods and otherd specialty food stores like New Leaf Groceryt in Santa Cruz. Alter Eco Americas also offsets the carbon emissions for the life cyclre ofthe products. Paying fair offsetting the carbon emissions and requirinv products to meet organic standardssqueezes “In the U.S., we’re competing against brands that don’t have the same said Senard. “We have to be competitivelyy priced even though we pay ourfarmers more.
” Rollet said reaching $5 million in revenuw will help ease some of the margin pressure, something he aims to do over the next severa l years. Still, the company is committed to doing the right thing, said Cate Baril, director of business development for Oakland-bases Transfair USA, which certifies Fair Trade products. “Ivf you were looking for a company that really embodiezs what FairTrade is, that’s really what Alte r Eco is all about,” Baril “Some companies buy ingredients from a supplierd and make the products in the U.S. Alter Eco feels like they havea mission, and because of they’re having the food produced where it’z grown.
”
Its from this office that Altefr Eco Americas is bringing Fair Trade and organic goods from acroszs the worldto U.S. grocery storea while trying to make a dent in global poverty. The startup has more than quadrupled its revenude over three yearsto $1.5 million in 2008 by landintg distribution for products such as quinosa and jasmine rice in major grocery chains. One grocer that carries its products is Whole which has increased its Fair Trad offerings to morethan 1,000 products in the last two including Alter Eco’s organic extra virgim olive oil from Palestine.
“More consumers are interested in the storiex behindtheir food,” said Edouard Rollet, co-founder and chief operations officer of Alter Eco in explaining the company’s explosive growth. Alterf Eco Americas was started in 2004 in San Francisco as aseparats company, but spun out of Alter Eco, which was foundecd in France a decadd ago to import and distribute good from marginalized farmers in countries like Bolivia, Peru and “Most of them own abouyt one to two acres of so there’s between $500 and $800 a year for them and theie family,” Rollet said. “And the problem is that they don’r have direct access to markets.
They have to sell to locakl buyers who setthe price.” Alter Eco Americas changed that by promising a fair pricee to groups of farmerxs that wouldn’t put them into debt. Rolleyt and co-founder Mathieu Senard openee Alter Eco Americas in 2004 after showinbg some ofthe company’s products at a natural food stor in Los Angeles. The two chose San Francisco becausee of its proximity to a major port where goodd can be shipped from its supplier countries and to venture capita firms that could potentially fundthe company. The companh has raised $750,000 from angel investors, and the founders are seekingy $1.5 million more.
“It’s for natural food and specialty food, one of the most pioneering areaxs of the U.S.,” Rollet said. Alter Eco importsa 150 products, including coffee from Peru, Ethiopias and Mexico, cocoa from Ghana and Bolivia, unrefinedf sugar from the Philippines, rice from Thailand and other foods underits brand. Alter Eco Americas has introduceds 26 of those to theUnited States. Most product carry the Fair Trade label, which certifies that companies pay theird workers fair wages and provide decentworking conditions, amongh other things.
It buys its products from small farmerzs organizedinto co-ops and sells to 1,800 grocerg stores across the country, including Andronico’s, Rainbowa Grocery, Whole Foods and otherd specialty food stores like New Leaf Groceryt in Santa Cruz. Alter Eco Americas also offsets the carbon emissions for the life cyclre ofthe products. Paying fair offsetting the carbon emissions and requirinv products to meet organic standardssqueezes “In the U.S., we’re competing against brands that don’t have the same said Senard. “We have to be competitivelyy priced even though we pay ourfarmers more.
” Rollet said reaching $5 million in revenuw will help ease some of the margin pressure, something he aims to do over the next severa l years. Still, the company is committed to doing the right thing, said Cate Baril, director of business development for Oakland-bases Transfair USA, which certifies Fair Trade products. “Ivf you were looking for a company that really embodiezs what FairTrade is, that’s really what Alte r Eco is all about,” Baril “Some companies buy ingredients from a supplierd and make the products in the U.S. Alter Eco feels like they havea mission, and because of they’re having the food produced where it’z grown.
”
суббота, 17 марта 2012 г.
Trump: Obama's Weak Leadership Evident at Gas Pump - NewsMax.com
jaqezuweg.blogspot.com
Trump: Obama's Weak Leadership Evident at Gas Pump NewsMax.com By Hiram Reisner Real estate mogul Donald Trump says President Barack Obama's illogical push for alternative energy sources and reluctance to drill for readily available resources are the primary reasons gas prices are soaring and will continue to ... |
четверг, 15 марта 2012 г.
GenVec cuts manufacturing partnership - Memphis Business Journal:
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After a year and a the Gaithersburg biotech has terminated its contract June 29with , the Unitexd Kingdom-based company that had been producinyg the local company’s main product, an anticancer treatment callecd TNFerade in its final stage of clinicalk trials. GenVec (NASDAQ: GNVC) paid Cobra a $350,00o0 termination fee, negotiated down considerably fromthe one-timwe maximum fee of $2.3 million to terminate the Originally signed in January 2008, the manufacturing agreement calledr for GenVec to pay Cobra $1 million in advance and as much as $9.4 million depending on the services rendered. Last GenVec said it paid Cobrqa $3.4 million and, in said it would pay Cobraq anadditional $1.
8 million this GenVec, which said it doesn’y need further batches from Cobra to complet e its TNFerade trials and had been low on has been searching for a larger partner to fund thosew clinical studies and anticipated After making significant cuts to its head GenVec raised $6 million in late May in a discountedf stock offering that garnered a 19 percent drop in the company’s share pricre from disappointed investors that day. GenVec’s stock prics has since inched back up to its formerprice levels, even topping $1 sinced the offering.
After a year and a the Gaithersburg biotech has terminated its contract June 29with , the Unitexd Kingdom-based company that had been producinyg the local company’s main product, an anticancer treatment callecd TNFerade in its final stage of clinicalk trials. GenVec (NASDAQ: GNVC) paid Cobra a $350,00o0 termination fee, negotiated down considerably fromthe one-timwe maximum fee of $2.3 million to terminate the Originally signed in January 2008, the manufacturing agreement calledr for GenVec to pay Cobra $1 million in advance and as much as $9.4 million depending on the services rendered. Last GenVec said it paid Cobrqa $3.4 million and, in said it would pay Cobraq anadditional $1.
8 million this GenVec, which said it doesn’y need further batches from Cobra to complet e its TNFerade trials and had been low on has been searching for a larger partner to fund thosew clinical studies and anticipated After making significant cuts to its head GenVec raised $6 million in late May in a discountedf stock offering that garnered a 19 percent drop in the company’s share pricre from disappointed investors that day. GenVec’s stock prics has since inched back up to its formerprice levels, even topping $1 sinced the offering.
понедельник, 12 марта 2012 г.
Colonial BancGroup names new execs to replace Lowder - Houston Business Journal:
alharkaenu.blogspot.com
The Montgomery-based bank also appointer longtime bank director SimuelSippial Jr. as its new chairmaj of the boardof directors, thereby splitting Lowder’e dual role as both chairman and CEO into two The changes will take effect immediately, accordinvg to a written statement released by the bank late Beville, who is the formet chairman of the bank’s auditr committee, said the company has “developede solid strategies designed to get us beyond the currenf economic crises.
” “While there are clearly ongoing issues relatedd to credit quality that must be addressed and I believe the foundation of the Colonialk Bank franchise continues to be a vibrantr and powerful source of services,” he said in a writtej statement. Sippial, who serves as chairman of the compensation committes atthe bank, has been with the companuy for 20 years. He retiredx in 1992 after 26 years withIBM Corp. and latedr formed a real estate investment and construction firm in basedein Montgomery.
Lowder, who founded the company in 1981 with the acquisitioh of one bank in announced plans to step down from his post last Underhis leadership, the bank grew to new heights with 68 acquisitiones and 352 financial centersa within a 27-year time span. the bank ran into struggless after the housing crisis ravished theFloridq market, which is where a majority of the bankas assets are located. The bank recently made a deal with Florida-basee to receive $300 million in cash in exchange for giving the firm a 75 percentg controlling interest in the bank and five seatas onits board. Without the extrwa capital, the bank will not be eligiblw forthe government’s Troubled Asset Reliefc Program.
Federal regulators said the bank must firsyraise $300 million beforew it can participate. The company (NYSE: CNB) operates 26 branches in the Birmingham-Hoove metro area.
The Montgomery-based bank also appointer longtime bank director SimuelSippial Jr. as its new chairmaj of the boardof directors, thereby splitting Lowder’e dual role as both chairman and CEO into two The changes will take effect immediately, accordinvg to a written statement released by the bank late Beville, who is the formet chairman of the bank’s auditr committee, said the company has “developede solid strategies designed to get us beyond the currenf economic crises.
” “While there are clearly ongoing issues relatedd to credit quality that must be addressed and I believe the foundation of the Colonialk Bank franchise continues to be a vibrantr and powerful source of services,” he said in a writtej statement. Sippial, who serves as chairman of the compensation committes atthe bank, has been with the companuy for 20 years. He retiredx in 1992 after 26 years withIBM Corp. and latedr formed a real estate investment and construction firm in basedein Montgomery.
Lowder, who founded the company in 1981 with the acquisitioh of one bank in announced plans to step down from his post last Underhis leadership, the bank grew to new heights with 68 acquisitiones and 352 financial centersa within a 27-year time span. the bank ran into struggless after the housing crisis ravished theFloridq market, which is where a majority of the bankas assets are located. The bank recently made a deal with Florida-basee to receive $300 million in cash in exchange for giving the firm a 75 percentg controlling interest in the bank and five seatas onits board. Without the extrwa capital, the bank will not be eligiblw forthe government’s Troubled Asset Reliefc Program.
Federal regulators said the bank must firsyraise $300 million beforew it can participate. The company (NYSE: CNB) operates 26 branches in the Birmingham-Hoove metro area.
суббота, 10 марта 2012 г.
Judge prevents Paterson's lt. gov. from taking office - The Business Review (Albany):
vykyvimote.wordpress.com
But a state Supreme Court judger in Long Island issued a temporary restraining ordee soon after preventing Ravitch from assuming the duties of lieutenant The case is to be heard in Supremwe Court at11 a.m. on Friday. In a Wednesday pres conference Wednesday, Paterson said the move was necessary as a resulty ofthe “chaos” in the Senate. Questions about who is in chargre of the Senate been unresolved sincea Republican-led coup took plac e on June 8. Paterson called his move to appointf a lieutenant governor unprecedentesdbut necessary. "This, I believe, is the righ thing to do,” Paterson said. "I have no doubt of that.
This is the right thing for allNew [To watch Paterson's press click ]. He also said he expectz a legal challenge tohis "I am aware that I am not the fina l arbiter of legal issues, and should there be any legakl action, I just ask that it be done Paterson said. Ravitch is the former chairman of the MetropolitanmTransportation Authority. Paterson said he appointed Ravitcjh because the leadership void needed tobe "For the last four weeks, we have witnesseds a painful and too ofte embarrassing spectacle of paralysis that has becomr the New York state Paterson said.
"Since this conflicty began, I and 19 million New Yorker have been deeply chagrinefd that the Senate cannot discharge its constitutional Now New Yorkers are starting to Cities and counties are running up unanticipated deficit because the Senate has failed to meet crucial The governor said the appointment was also necessarty in case something happenedto him. "Therr is no presiding officer of the New Yorkstatr Senate. There is no presidenty tempore and two senators that lay claim to itshighest post. There is no successorr to governor," Paterson said.
"If I became incapacitated, if somethin were to happen to me, it is not knowmn who would act as governor and that woule throw the entire state into the chao that is being experienced in theSenate now." He said statd law did not prevent him from making the "I have consulted with some of the state'd foremost legal minds and a nationallg recognized constitutional lawyer," Paterson said. "The stated constitution gives me the explicit power of appointment in cases of vacanciesof office. There is nothing in the constitution nor in the law that says I cannot fill the vacant post oflieutenant governor.
" He addef the Ravitch will fill out the remainder of Paterson's term and won'tg seek a full term. Paterson was previouslyt lieutenant governor. He was elevated to governor last year whenformed Gov. Eliot Spitzer resigned as a result of a The appointmentof Ravitch, who once workes for Gov. Hugh Carey in the 1970s, may lead to litigation. Earliert this week Attorney General Andrew Cuomo said filling the vacant post wouldbe unconstitutional. Ravitcbh is chairman of the Commission on Metropolitan TransportatioAuthority Financing, the AFL-CIO Housing Investmenr Trust’s Board of Trustees and the AFL-CIO Buildinhg Investment Trust’s Advisory Board.
Ravitch, who is in his 70s, also servec as the chairman ofthe state's Urban Developmentf Board and former principal owner and chairman of the , according to a biography poste d by , where Ravitch spokd last month. Having someone in the position of lieutenant governoer is seen as a way to unbloc the gridlock that has snarled the state The lieutenant governor cancast tie-breaking vote in that chamber. "Thd appointment of Richard Ravitch [Wednesday] will bring the governo r a successor, the Senate a presidiny officer, and will help to alleviate this Paterson said.
But a state Supreme Court judger in Long Island issued a temporary restraining ordee soon after preventing Ravitch from assuming the duties of lieutenant The case is to be heard in Supremwe Court at11 a.m. on Friday. In a Wednesday pres conference Wednesday, Paterson said the move was necessary as a resulty ofthe “chaos” in the Senate. Questions about who is in chargre of the Senate been unresolved sincea Republican-led coup took plac e on June 8. Paterson called his move to appointf a lieutenant governor unprecedentesdbut necessary. "This, I believe, is the righ thing to do,” Paterson said. "I have no doubt of that.
This is the right thing for allNew [To watch Paterson's press click ]. He also said he expectz a legal challenge tohis "I am aware that I am not the fina l arbiter of legal issues, and should there be any legakl action, I just ask that it be done Paterson said. Ravitch is the former chairman of the MetropolitanmTransportation Authority. Paterson said he appointed Ravitcjh because the leadership void needed tobe "For the last four weeks, we have witnesseds a painful and too ofte embarrassing spectacle of paralysis that has becomr the New York state Paterson said.
"Since this conflicty began, I and 19 million New Yorker have been deeply chagrinefd that the Senate cannot discharge its constitutional Now New Yorkers are starting to Cities and counties are running up unanticipated deficit because the Senate has failed to meet crucial The governor said the appointment was also necessarty in case something happenedto him. "Therr is no presiding officer of the New Yorkstatr Senate. There is no presidenty tempore and two senators that lay claim to itshighest post. There is no successorr to governor," Paterson said.
"If I became incapacitated, if somethin were to happen to me, it is not knowmn who would act as governor and that woule throw the entire state into the chao that is being experienced in theSenate now." He said statd law did not prevent him from making the "I have consulted with some of the state'd foremost legal minds and a nationallg recognized constitutional lawyer," Paterson said. "The stated constitution gives me the explicit power of appointment in cases of vacanciesof office. There is nothing in the constitution nor in the law that says I cannot fill the vacant post oflieutenant governor.
" He addef the Ravitch will fill out the remainder of Paterson's term and won'tg seek a full term. Paterson was previouslyt lieutenant governor. He was elevated to governor last year whenformed Gov. Eliot Spitzer resigned as a result of a The appointmentof Ravitch, who once workes for Gov. Hugh Carey in the 1970s, may lead to litigation. Earliert this week Attorney General Andrew Cuomo said filling the vacant post wouldbe unconstitutional. Ravitcbh is chairman of the Commission on Metropolitan TransportatioAuthority Financing, the AFL-CIO Housing Investmenr Trust’s Board of Trustees and the AFL-CIO Buildinhg Investment Trust’s Advisory Board.
Ravitch, who is in his 70s, also servec as the chairman ofthe state's Urban Developmentf Board and former principal owner and chairman of the , according to a biography poste d by , where Ravitch spokd last month. Having someone in the position of lieutenant governoer is seen as a way to unbloc the gridlock that has snarled the state The lieutenant governor cancast tie-breaking vote in that chamber. "Thd appointment of Richard Ravitch [Wednesday] will bring the governo r a successor, the Senate a presidiny officer, and will help to alleviate this Paterson said.
четверг, 8 марта 2012 г.
D.C. Sports & Entertainment Commission gets $2.5M city subsidy - Washington Business Journal:
http://keroncongemas.com/worldnews/stephen-lawrences-mother-says-no-10-must-do-more-on-race/
million subsidy from the District in its 2009 money it badly needs tocontinuwe operating. The money will likely mean major upgradesw tothe D.C. which hosts only about three events per month and is closecd all summer because it has shoddy bathrooms and electricity and no air The commission's chief executive Gregory O'Dell, said an array of professionao sports leagues have expressed interest in holding events in the including arena football, the , lacrosse and boxing.
Renovatinv the Armory could attract new tenantsa and createa long-term source of revenue for the The Armory and RFK Stadium have been the focuse of the commission since the Nationals' move from RFK to theidr new ballpark, but neither brings in enough revenue to sustainh the agency. Some members of the particularlyKwame Brown, D-at large, considered pulling the subsidu from D.C. Mayor Adrian Fenty's proposed budget, particularly because O'Dell, is a candidatd to take over the . O'Dell and Matthew the chairman ofthe commission's 13-member have cut back on $1.
2 millionb in expenses but stil l faced a $500,000 shortfallk for fiscal 2008, and said withoutg a subsidy they might have to closwe down this fall. "[The $2.5 million] is consistent with our budgeg request and our business plan for holding eventz atthe D.C. Armory and RFK Stadium," said commissionb spokeswoman Chinyere Hubbard. Hubbard noter that commission is also trying to host more eventsx at the new ballpark when theNationals aren't It will hold its first May 31, a high schoop baseball tournament that will include the (DCIAA) championship, a titlde game between two locapl private schools and an all-star game.
million subsidy from the District in its 2009 money it badly needs tocontinuwe operating. The money will likely mean major upgradesw tothe D.C. which hosts only about three events per month and is closecd all summer because it has shoddy bathrooms and electricity and no air The commission's chief executive Gregory O'Dell, said an array of professionao sports leagues have expressed interest in holding events in the including arena football, the , lacrosse and boxing.
Renovatinv the Armory could attract new tenantsa and createa long-term source of revenue for the The Armory and RFK Stadium have been the focuse of the commission since the Nationals' move from RFK to theidr new ballpark, but neither brings in enough revenue to sustainh the agency. Some members of the particularlyKwame Brown, D-at large, considered pulling the subsidu from D.C. Mayor Adrian Fenty's proposed budget, particularly because O'Dell, is a candidatd to take over the . O'Dell and Matthew the chairman ofthe commission's 13-member have cut back on $1.
2 millionb in expenses but stil l faced a $500,000 shortfallk for fiscal 2008, and said withoutg a subsidy they might have to closwe down this fall. "[The $2.5 million] is consistent with our budgeg request and our business plan for holding eventz atthe D.C. Armory and RFK Stadium," said commissionb spokeswoman Chinyere Hubbard. Hubbard noter that commission is also trying to host more eventsx at the new ballpark when theNationals aren't It will hold its first May 31, a high schoop baseball tournament that will include the (DCIAA) championship, a titlde game between two locapl private schools and an all-star game.
вторник, 6 марта 2012 г.
Brain & Spine growth fuels neurology boom in Amherst - Business First of Buffalo:
badillodacyroic1505.blogspot.com
The medical practice headed byneurosurgeon Dr. Michael Landi occupiesx 21,000 square feet of a new buildinfg at 400 International around the corner from his original offices at 325Essjay Drive. Landi began practicing solo seven years ago but has built his practice to addressz a variety of services that can be needed by patients with braib andspine conditions. The new facility makes room for what has becomda multi-specialty, 65-person practice including neurologists, rheumatologists, physiatristsz and complementary services such as chiropractidc and medical spa offerings.
The $8 million buildingg was developed in equal partnership withthe ; Landij has added about $1 million in upgraded medical equipmen and specialized electronic medical record s systems. Landi's practice is occupying the second floor, encompassiny just half of the new The first flooris unfinished, waitiny for state go-ahead for the Catholic Health System to establish a suite of imaging services The new practice site is within a few minutes' drive down Sheridan Drive from the Dent Tower Medica Center, home to , a 15-physiciamn neurology practice, and the future, expanded offices of Buffalo neurosurgeon Dr. L. Nelson Hopkins.
Hopkins already leaseds space in the Dent Towedr and plans to add clinical and research components in spined care ina $6 million building to go up next door. Neurosurgergy will occupy one floor; imaging and other Dent Institute services will be housed inthe other. The building and the Dent Towedr are planned to be connected by acovereds walkway. The multimillion-dollar building boom has more to do with meetin demand for services than competitors vyingfor patients, according to Landi and Jeffrey Dann, executive director of the Dent The typical population base per neurosurgeohn in a community should be about 70,000-to-1. In Westerbn New York, the ratio is closef to 100,000-to-1, Landi said.
Dann said the Dent groupl plans to recruit six physicians during the next18 months. Hopkins has said that his Amherst office is making expansion in that location a He has developed an international reputation in stroke care and spearheadingnew technologies, including the use of stents to repairf blockages in the brain. He is chairman of the University at Buffalio Neurosurgery Departmentand co-director of the at the university. He also is clinicalo chief of neurosurgery atKaleida Health.
He is basedf at , home to the region's first comprehensivse stroke care center and a Hopkinspet Landi's new facility is the flagshiop of a larger organization that includes officese in Orchard Park, Niagara Falls, Lockport, Fredoniqa and Irving. New offices are under constructionin Dr. Landi is board-certified in neurologicao surgery and serves as chief of neurological surgeryat .
The medical practice headed byneurosurgeon Dr. Michael Landi occupiesx 21,000 square feet of a new buildinfg at 400 International around the corner from his original offices at 325Essjay Drive. Landi began practicing solo seven years ago but has built his practice to addressz a variety of services that can be needed by patients with braib andspine conditions. The new facility makes room for what has becomda multi-specialty, 65-person practice including neurologists, rheumatologists, physiatristsz and complementary services such as chiropractidc and medical spa offerings.
The $8 million buildingg was developed in equal partnership withthe ; Landij has added about $1 million in upgraded medical equipmen and specialized electronic medical record s systems. Landi's practice is occupying the second floor, encompassiny just half of the new The first flooris unfinished, waitiny for state go-ahead for the Catholic Health System to establish a suite of imaging services The new practice site is within a few minutes' drive down Sheridan Drive from the Dent Tower Medica Center, home to , a 15-physiciamn neurology practice, and the future, expanded offices of Buffalo neurosurgeon Dr. L. Nelson Hopkins.
Hopkins already leaseds space in the Dent Towedr and plans to add clinical and research components in spined care ina $6 million building to go up next door. Neurosurgergy will occupy one floor; imaging and other Dent Institute services will be housed inthe other. The building and the Dent Towedr are planned to be connected by acovereds walkway. The multimillion-dollar building boom has more to do with meetin demand for services than competitors vyingfor patients, according to Landi and Jeffrey Dann, executive director of the Dent The typical population base per neurosurgeohn in a community should be about 70,000-to-1. In Westerbn New York, the ratio is closef to 100,000-to-1, Landi said.
Dann said the Dent groupl plans to recruit six physicians during the next18 months. Hopkins has said that his Amherst office is making expansion in that location a He has developed an international reputation in stroke care and spearheadingnew technologies, including the use of stents to repairf blockages in the brain. He is chairman of the University at Buffalio Neurosurgery Departmentand co-director of the at the university. He also is clinicalo chief of neurosurgery atKaleida Health.
He is basedf at , home to the region's first comprehensivse stroke care center and a Hopkinspet Landi's new facility is the flagshiop of a larger organization that includes officese in Orchard Park, Niagara Falls, Lockport, Fredoniqa and Irving. New offices are under constructionin Dr. Landi is board-certified in neurologicao surgery and serves as chief of neurological surgeryat .
воскресенье, 4 марта 2012 г.
PETERSON v. CELLERY - Leagle.com
ysynut.wordpress.com
PETERSON v. CELLERY Leagle.com A July 2007 MRI of plaintiff's lower back revealed a degenerative disc dessication with a posterior tear at L5-S1 and mild posterior disc bulge at L4-L5. Plaintiff thereafter received various treatments for her back, which included prolotherapy ... |
пятница, 2 марта 2012 г.
Alaska Airlines pilots OK new contract - Puget Sound Business Journal (Seattle):
ramsdenjerrieas54.blogspot.com
According to the , which represents Alaska’s 1,4555 pilots, of the 95 percent of thosw pilotswho voted, 84 percent voter in favor of the deal. The new contract includesx retirement options for current pilots and will also clossthe company’s pension plan to new “reducing retirement funding risk,” according to the union. New pilots will participatde ina 401(k) plan Pilots will receive a one-time bonus followingf ratification of the contract that Alasks Air expects will cost the airlind a total of $20 million. And the airline said the new contracgt “provides for better productivityand flexibility.
” “Foer example, there are changes to reserver flying provisions that allow for improved scheduling language that allows for pilots to fly more than the current 85-hour monthly limit for pay, and exceptionzs that allow us to suspend certain restrictions in irreguladr operations,” Alaska Air Group officials said in an SEC filing. The pilot s and (NYSE: ALK) of Seattle agreed to a tentativwe deallast month. Alaska Airlines flew 34.8 percent of all flightsx last yearat Seattle-Tacoma International Airport.
According to the , which represents Alaska’s 1,4555 pilots, of the 95 percent of thosw pilotswho voted, 84 percent voter in favor of the deal. The new contract includesx retirement options for current pilots and will also clossthe company’s pension plan to new “reducing retirement funding risk,” according to the union. New pilots will participatde ina 401(k) plan Pilots will receive a one-time bonus followingf ratification of the contract that Alasks Air expects will cost the airlind a total of $20 million. And the airline said the new contracgt “provides for better productivityand flexibility.
” “Foer example, there are changes to reserver flying provisions that allow for improved scheduling language that allows for pilots to fly more than the current 85-hour monthly limit for pay, and exceptionzs that allow us to suspend certain restrictions in irreguladr operations,” Alaska Air Group officials said in an SEC filing. The pilot s and (NYSE: ALK) of Seattle agreed to a tentativwe deallast month. Alaska Airlines flew 34.8 percent of all flightsx last yearat Seattle-Tacoma International Airport.
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