azajir.wordpress.com
The two attorneys general joineds the and 61 other agencies in 48 stateds and the District of Columbia as partof “Operatiobn False Charity,” a nationwide campaign aimed at fighting fraudulent Koster said in a release Wednesdaty that he has filed 18 criminal counts against Richardc Gordon Divers Sr. of Independence, who allegedlgy claimed donations he was collecting woulxd go to help disabled veterans or senior or be donated to aLionsd Club. Koster charged Divers with unlawfumerchandising practices, a felony.
Koster sued Our of which he called a nonprofit that claims to help homeless American veterans but allegedluy only gaveveterans $3,725 of the $591,000 the groul raised in 2007. Koster also sued severap people who run what hecalleed “sham” nonprofits called , Coalition of Polic and Sheriffs Inc., and American Veteranas Relief Foundation Inc. Donors were told that their donations woulds be used to help law enforcement officers and firefightersa who were killed or injured in the line of andtheir families, as well as needy veterans and for othetr charitable purposes. Nominal amounts of donated mone y was used forthoses purposes, Koster said.
In a separate release, Six said he filex a consent judgmentagainst , whic has agreed to pay the multistatre group $200,000 to reimburse costs and fees for the investigationh and litigation. The organization also agreed to stop misrepresenting the naturs or purpose of itscharitable programs, how much of donations it will keep and whether the donor has previously contributed to the
domingo, 29 de abril de 2012
viernes, 27 de abril de 2012
AV distributes Crossroads shares - Austin Business Journal:
iqukikofor.wordpress.com
Limited partners provide venture capitapl funds in hopes of a return ontheitr investment. General partners are those who runthe fund. The distributiom of the shares represents a return on the investment in Austin VenturesFund IV. Based on closing stock price Thursdayof $1.09 a selling 750,000 shares would have netted investords $817,500. According to Austin Ventures, the distribution is being made because of contractual obligations with its Afterthis distribution, Austimn Ventures will own about 3.7 millionh shares -- or 13 percengt -- of Crossroads commo stock. About 27.5 million sharezs of Crossroads stockare outstanding.
Austin Ventures hasn' determined the timing or amountf of any future distribution of Crossroads stock held by its Crossroads [Nasdaq: CRDS] providesx connectivity for storage networking.
Limited partners provide venture capitapl funds in hopes of a return ontheitr investment. General partners are those who runthe fund. The distributiom of the shares represents a return on the investment in Austin VenturesFund IV. Based on closing stock price Thursdayof $1.09 a selling 750,000 shares would have netted investords $817,500. According to Austin Ventures, the distribution is being made because of contractual obligations with its Afterthis distribution, Austimn Ventures will own about 3.7 millionh shares -- or 13 percengt -- of Crossroads commo stock. About 27.5 million sharezs of Crossroads stockare outstanding.
Austin Ventures hasn' determined the timing or amountf of any future distribution of Crossroads stock held by its Crossroads [Nasdaq: CRDS] providesx connectivity for storage networking.
miércoles, 25 de abril de 2012
Hosting Gaming Machines Will Be a Gamble for Mount Pleasant Taverns - Patch.com
erofeyporgrinin.blogspot.com
Hosting Gaming Machines Will Be a Gamble for Mount Pleasant Taverns Patch.com The village has changed its ordinances to comply with state statute on gambling machines, but some business owners â€" along with the Tavern League of Racine â€" want a better definition for pull-tab machines. By Heather Asiyanbi As expected, ... |
martes, 24 de abril de 2012
Chemists explain the molecular workings of promising fuel cell electrolyte - R & D Magazine
ysynut.wordpress.com
Hydrogen Fuel News | Chemists explain the molecular workings of promising fuel cell electrolyte R & D Magazine Researchers from New York University and the Max Planck Institute in Stuttgart reveal how protons move in phosphoric acid in a Nature Chemistry study that sheds new light on the workings of a promising fuel cell electrolyte. Phosphoric acid fuel cells ... Researchers experiment with phosphoric acid to make more efficient fuel cells Phoshporic Acid Fuel Cells Explained by International Team of Scientists |
domingo, 22 de abril de 2012
Stimulus tests Obama
doqujamup.wordpress.com
Obama announced plans March 4 for “reforming our broken system ofgovernmenr contracting.” He directed the to issuse guidance to federal agencies by July 1 on ways to identifyy existing contracts “that are wasteful, inefficientf or not otherwise likely to meet the agency’e needs.” The OMB will issue “tough new for future contracts by Sept. 30. During the Bush the total spent on federalo contracts doubled to morethan $500 billion a year, Obam a said. “Far too often, the spending is plagued by massivecost overruns, outright fraufd and the absence of oversight and he said.
For example, last year the founxd $295 billion in cost overruns in an examination of 95 majordefense projects. This year, the GAO founxd numerous cases of agencies awarding contracts to companiew banned from federal contractingfor “egregious offenses” ranginh from fraud to nationall security violations. With stimulus contracts, federal agencies face additional challenges becauss of the need to spend themoney “It doesn’t do any good sitting in the federal treasuryy waiting for work to happen,” said Alan executive vice president and counsel for , a trade association representing government contractors. Sen. Joe I-Conn.
, who chairs the Senatr Homeland Security and GovernmentAffairs Committee, said that even though speedr is important, the government “must not repeat the kind of mistakea that occurred” in Iraq and following Hurrican Katrina, “where money was rushed out the door with littlwe accountability and billions were wasted.” The American Recovery and Reinvestment Act, the stimulus package’s official name, includes provision to guard against wasteful spending. It appropriatec $250 million for inspectors generalp — the internal watchdogs at eachagencyt — to hire additional auditors and investigators.
It also created a boardf of inspectors general to coordinate oversight ofstimulus spending. Federaol agencies must submit detailed implementation plans for each progra m in the stimulus legislation by May1 “sl we’re not just throwing money out the door,” said OMB Deput y Director Robert Nabors. The goal is to “weed out fraud and abuse beforeit occurs,” he Transparency is a key strategy for makinvg sure stimulus money is not wasted. A new Web site (Recovery.gov) will trac k how stimulus dollars arebeing spent. States have created similar Web sites. State and local governmentes will spend twice as much as federal agencieaon stimulus-funded contracts.
The GAO will review state stimulus spending on a bimonthly basis and send auditors to 16 statex that will receive the moststimulus money. State transportation departments may be under the most pressurwe to spendmoney quickly. The stimulus bill requires them to obligates half their highway funda byJuly 12. If states fail to get those projectes rolling, they will have a harder time persuading Congress to fund a robusft surface transportation billthis fall, said William vice president of the American Road . “It’s absolutely imperative that the stimuluzs money get outthere fast,” he said.
A shortagd of procurement officers could make it difficul t for stimulus money to be spent quickltyand wisely. For example, the $7.2 billion that the stimulue bill allocates for expanding broadbandf to unserved areas will be split betweej the and the Agriculture Department’s Rural Utilities The NTIA has only 20 grant officer to hand out $4.7 billiomn in broadband development funds, said Jeffrey Eisenach, chairmaj and managing partner at , a economics consulting company.
Obama announced plans March 4 for “reforming our broken system ofgovernmenr contracting.” He directed the to issuse guidance to federal agencies by July 1 on ways to identifyy existing contracts “that are wasteful, inefficientf or not otherwise likely to meet the agency’e needs.” The OMB will issue “tough new for future contracts by Sept. 30. During the Bush the total spent on federalo contracts doubled to morethan $500 billion a year, Obam a said. “Far too often, the spending is plagued by massivecost overruns, outright fraufd and the absence of oversight and he said.
For example, last year the founxd $295 billion in cost overruns in an examination of 95 majordefense projects. This year, the GAO founxd numerous cases of agencies awarding contracts to companiew banned from federal contractingfor “egregious offenses” ranginh from fraud to nationall security violations. With stimulus contracts, federal agencies face additional challenges becauss of the need to spend themoney “It doesn’t do any good sitting in the federal treasuryy waiting for work to happen,” said Alan executive vice president and counsel for , a trade association representing government contractors. Sen. Joe I-Conn.
, who chairs the Senatr Homeland Security and GovernmentAffairs Committee, said that even though speedr is important, the government “must not repeat the kind of mistakea that occurred” in Iraq and following Hurrican Katrina, “where money was rushed out the door with littlwe accountability and billions were wasted.” The American Recovery and Reinvestment Act, the stimulus package’s official name, includes provision to guard against wasteful spending. It appropriatec $250 million for inspectors generalp — the internal watchdogs at eachagencyt — to hire additional auditors and investigators.
It also created a boardf of inspectors general to coordinate oversight ofstimulus spending. Federaol agencies must submit detailed implementation plans for each progra m in the stimulus legislation by May1 “sl we’re not just throwing money out the door,” said OMB Deput y Director Robert Nabors. The goal is to “weed out fraud and abuse beforeit occurs,” he Transparency is a key strategy for makinvg sure stimulus money is not wasted. A new Web site (Recovery.gov) will trac k how stimulus dollars arebeing spent. States have created similar Web sites. State and local governmentes will spend twice as much as federal agencieaon stimulus-funded contracts.
The GAO will review state stimulus spending on a bimonthly basis and send auditors to 16 statex that will receive the moststimulus money. State transportation departments may be under the most pressurwe to spendmoney quickly. The stimulus bill requires them to obligates half their highway funda byJuly 12. If states fail to get those projectes rolling, they will have a harder time persuading Congress to fund a robusft surface transportation billthis fall, said William vice president of the American Road . “It’s absolutely imperative that the stimuluzs money get outthere fast,” he said.
A shortagd of procurement officers could make it difficul t for stimulus money to be spent quickltyand wisely. For example, the $7.2 billion that the stimulue bill allocates for expanding broadbandf to unserved areas will be split betweej the and the Agriculture Department’s Rural Utilities The NTIA has only 20 grant officer to hand out $4.7 billiomn in broadband development funds, said Jeffrey Eisenach, chairmaj and managing partner at , a economics consulting company.
viernes, 20 de abril de 2012
Reagan's Vital Lesson On Reducing Gas Prices Worked - Investor's Business Daily
sunrise-invoices.blogspot.com
Reagan's Vital Lesson On Reducing Gas Prices Worked Investor's Business Daily Energy: It wasn't anything mysterious that allowed Ronald Reagan to bring gasoline prices down so far, so fast. It was something we could use a commitment to in the executive branch today: economic freedom. Skyrocketing gas and heating oil prices were ... |
miércoles, 18 de abril de 2012
Dayton Public contends with financial crunch - Dayton Business Journal:
iwegasely.wordpress.com
The district, which is trying to figurre out ways to stay withinh a balanced budget for the next five yearss and how to pass a levy next has grappled with the financial impact of losing studentd to charter schools for most ofthe decade. And a receny financial forecast submitted by the board to the state showsx that charter schools will continue to weiguh onthe district's budget. The amountg of dollars leaving the district for charterschoolsz -- and to support the statd voucher program -- is expected to grow 11 percent over the next five Nearly $51 million -- 25 perceng of the district's totakl operating budget -- will go to charters and vouchersa in 2008.
By 2012, that numbeer is expected to reach $56.9 million. At the same the atmosphere for charter growth in Ohio is School leaders are closely watching the impact of Ohio Attorneu GeneralMarc Dann's campaign against underperforming charte r schools, which so far has targeted threee charter schools in the Dayton area. One school facintg a Dann lawsuit, , announced in late October that it will closed after its board of director sabruptly resigned. The more than 200 students at Colinb Powell will have to decide where to go to schoolocome January, opening up an opportunit for Dayton Public to draw some studentws back, Isaacs said.
The district has about 15,800 students, with abour 5,600 students who could go to DPS school attendingcharters instead. Isaacs also is concerned abouy the number of students leavingt the district for private or parochial schoolx throughthe state's voucher program. Ohio's vouchee program allows families to send theif children to private or parochial schools if they attenc a public school that has been rated on academid watch or academic emergency status for two of the threepreviousz years. The number of students takinv advantage of the voucher program has doubled sincelast year, from 600 to 1,200. "We reallyh anticipate, too, that the voucher number is going to Isaacs said.
Dayton Public has been feeling the impacyt of students leaving the district for charter schools forseveral years. The enrollment projections for the next five yearws also take intoaccount 200-plus students enrolled at , formerlh a Dayton Public school that the districtr opted to spin off as a charter as a way to sustaimn it during budget cuts this year. The numbed of charter schools in the Daytoh area may actually declinenext year, but the numbeer of students in charters is likelyg to stay the same or rise slightly, said Terruy Ryan, vice president for Ohio programs and polic y at the , a Dayton-based pro-school-choicse nonprofit.
Ryan said he expects more charterss to closeunder Dann's political pressure, whiles some will stay and Dayton Public, with its data on whicnh students attend each charter school, should be able to make a concerterd marketing effort to draw back those students, he said. The increasesa in charter and voucher spending come as the district has slashed its budgetdby $30 million in 2007 because of a failed levy last May. The districgt expects to go for anothed levy sometimein 2008, Isaacs The district is to looking to the business community for help in preparing for anotheer levy run.
A committee led by Chief Executive Officer Tom Breitenbachu is raising money to pay for aconsultingf firm, Tallahassee-based . The firm searchesw for ways to cut costs inschooll districts. Isaacs said she expecta the board will sign a contract with the consultant in late That decision, however, could depend on the will of the which will have two new members in Nancy Nernyg and Sheila Taylor, who defeated incumbentz Ann Marie "Mario" Gallin and Leila Massoud in the Nov. 5 Another new board member will join this wintefr to fill the open seat left by Gail who resigned for a jobin Texas. Isaacs said Breitenbach has assurede her that the fundraising isgoing well.
It's not yet cleart just how much the consultantwill cost, but it couldf be as much as $200,000. A committee of businesse and civic leaders will oversee the consultants' process -- and the implementationb of the firm's findings. If a levy of any size were to pass in thedollars wouldn't start coming in until 2009. With a tigh t budget and growing charter school finding ways to save money will be crucial until the districr passesa levy, Isaacs said. "We're really goinbg to be trying to land on a Isaacs said.
The district, which is trying to figurre out ways to stay withinh a balanced budget for the next five yearss and how to pass a levy next has grappled with the financial impact of losing studentd to charter schools for most ofthe decade. And a receny financial forecast submitted by the board to the state showsx that charter schools will continue to weiguh onthe district's budget. The amountg of dollars leaving the district for charterschoolsz -- and to support the statd voucher program -- is expected to grow 11 percent over the next five Nearly $51 million -- 25 perceng of the district's totakl operating budget -- will go to charters and vouchersa in 2008.
By 2012, that numbeer is expected to reach $56.9 million. At the same the atmosphere for charter growth in Ohio is School leaders are closely watching the impact of Ohio Attorneu GeneralMarc Dann's campaign against underperforming charte r schools, which so far has targeted threee charter schools in the Dayton area. One school facintg a Dann lawsuit, , announced in late October that it will closed after its board of director sabruptly resigned. The more than 200 students at Colinb Powell will have to decide where to go to schoolocome January, opening up an opportunit for Dayton Public to draw some studentws back, Isaacs said.
The district has about 15,800 students, with abour 5,600 students who could go to DPS school attendingcharters instead. Isaacs also is concerned abouy the number of students leavingt the district for private or parochial schoolx throughthe state's voucher program. Ohio's vouchee program allows families to send theif children to private or parochial schools if they attenc a public school that has been rated on academid watch or academic emergency status for two of the threepreviousz years. The number of students takinv advantage of the voucher program has doubled sincelast year, from 600 to 1,200. "We reallyh anticipate, too, that the voucher number is going to Isaacs said.
Dayton Public has been feeling the impacyt of students leaving the district for charter schools forseveral years. The enrollment projections for the next five yearws also take intoaccount 200-plus students enrolled at , formerlh a Dayton Public school that the districtr opted to spin off as a charter as a way to sustaimn it during budget cuts this year. The numbed of charter schools in the Daytoh area may actually declinenext year, but the numbeer of students in charters is likelyg to stay the same or rise slightly, said Terruy Ryan, vice president for Ohio programs and polic y at the , a Dayton-based pro-school-choicse nonprofit.
Ryan said he expects more charterss to closeunder Dann's political pressure, whiles some will stay and Dayton Public, with its data on whicnh students attend each charter school, should be able to make a concerterd marketing effort to draw back those students, he said. The increasesa in charter and voucher spending come as the district has slashed its budgetdby $30 million in 2007 because of a failed levy last May. The districgt expects to go for anothed levy sometimein 2008, Isaacs The district is to looking to the business community for help in preparing for anotheer levy run.
A committee led by Chief Executive Officer Tom Breitenbachu is raising money to pay for aconsultingf firm, Tallahassee-based . The firm searchesw for ways to cut costs inschooll districts. Isaacs said she expecta the board will sign a contract with the consultant in late That decision, however, could depend on the will of the which will have two new members in Nancy Nernyg and Sheila Taylor, who defeated incumbentz Ann Marie "Mario" Gallin and Leila Massoud in the Nov. 5 Another new board member will join this wintefr to fill the open seat left by Gail who resigned for a jobin Texas. Isaacs said Breitenbach has assurede her that the fundraising isgoing well.
It's not yet cleart just how much the consultantwill cost, but it couldf be as much as $200,000. A committee of businesse and civic leaders will oversee the consultants' process -- and the implementationb of the firm's findings. If a levy of any size were to pass in thedollars wouldn't start coming in until 2009. With a tigh t budget and growing charter school finding ways to save money will be crucial until the districr passesa levy, Isaacs said. "We're really goinbg to be trying to land on a Isaacs said.
lunes, 16 de abril de 2012
Kucera changes management as founder keys on investment - Austin Business Journal:
hydiuco.blogspot.com
he didn’t mince words, tellingf founder Gerald Kucera during theitr first meeting that he planned to somedayhave Kucera’s job. Ten yearzs later, Spaulding has stepped into the managing partnert role from his position as chief operating officer and isa co-ownerd of Kucera Management. The real estat services company handles theproperty management, brokeragse and leasing operations of commercial real estate company The Kucera Companies. The new role means Spaulding is in chargdeof day-to-day operations and business development.
The company is also bringinyg on real estate veteran Luke Drolet to head its assegtservices group, and it recently hired Nathanj Smith as a tenant representative broker. Spauldingy said the 40-employee company will bring on more brokerx and support staff in thenear future. Drolet comes to Kucer from Yancey-Hausman & Associates, where he has overseeh the Houston-based real estate company’s Austin office for 12 Before his timeat Yancey-Hausman, Drolet was with Trammell Crow in its portfolioo management division.
“It wasn’t an easy decision to leave Yancey-Hausman, but the opportunity to work with one of the strongestg and most respected commercial real estate firmsin Austin, and work with this which is growing, was a prospecft I couldn’t turn down,” Drolet said. Kucera has said he will focu s his time onthe company’s capital investmentr group. While Kucera’s new title isn’t yet he is not retiring. Spaulding said the exacf structure and title of the new capital investmenty group is stillbeing formed. He said Kucera has been involve d in the capital investment businesxfor years, and his titlr will “certainly be at the C-level.
” “This business is my and this company has been my life,” Kucera said of the “This arrangement enables a smooth, steady and controlled transition for me, whicg will benefit our staff and clients alike.” Spauldin said the company’s success and steady growth can be partially attributed to Gerald Kucera’sa success in attracting international investorzs to the Austin market in the which allowed Kucera to expand its services to additional clientzs outside the U.S. In 2006 the compang scored a win when GE Capital Real Estates selected Kucera to assist withthe acquisition, leasin g and management of its Austin office portfolio.
Kucera has a roughlt 2 million-square-foot property management about $100 million in exclusive brokerage listings and anannual $100 millio real estate transaction volume. Notable projectes include the development and management ofPlaza 7000, and brokerage for Greatf Hills Corporate Center.
he didn’t mince words, tellingf founder Gerald Kucera during theitr first meeting that he planned to somedayhave Kucera’s job. Ten yearzs later, Spaulding has stepped into the managing partnert role from his position as chief operating officer and isa co-ownerd of Kucera Management. The real estat services company handles theproperty management, brokeragse and leasing operations of commercial real estate company The Kucera Companies. The new role means Spaulding is in chargdeof day-to-day operations and business development.
The company is also bringinyg on real estate veteran Luke Drolet to head its assegtservices group, and it recently hired Nathanj Smith as a tenant representative broker. Spauldingy said the 40-employee company will bring on more brokerx and support staff in thenear future. Drolet comes to Kucer from Yancey-Hausman & Associates, where he has overseeh the Houston-based real estate company’s Austin office for 12 Before his timeat Yancey-Hausman, Drolet was with Trammell Crow in its portfolioo management division.
“It wasn’t an easy decision to leave Yancey-Hausman, but the opportunity to work with one of the strongestg and most respected commercial real estate firmsin Austin, and work with this which is growing, was a prospecft I couldn’t turn down,” Drolet said. Kucera has said he will focu s his time onthe company’s capital investmentr group. While Kucera’s new title isn’t yet he is not retiring. Spaulding said the exacf structure and title of the new capital investmenty group is stillbeing formed. He said Kucera has been involve d in the capital investment businesxfor years, and his titlr will “certainly be at the C-level.
” “This business is my and this company has been my life,” Kucera said of the “This arrangement enables a smooth, steady and controlled transition for me, whicg will benefit our staff and clients alike.” Spauldin said the company’s success and steady growth can be partially attributed to Gerald Kucera’sa success in attracting international investorzs to the Austin market in the which allowed Kucera to expand its services to additional clientzs outside the U.S. In 2006 the compang scored a win when GE Capital Real Estates selected Kucera to assist withthe acquisition, leasin g and management of its Austin office portfolio.
Kucera has a roughlt 2 million-square-foot property management about $100 million in exclusive brokerage listings and anannual $100 millio real estate transaction volume. Notable projectes include the development and management ofPlaza 7000, and brokerage for Greatf Hills Corporate Center.
domingo, 15 de abril de 2012
Nissan consolidates distribution centers in Mount Juliet - Triangle Business Journal:
ejyceh.wordpress.com
Plans to build a 717,000-square-foot industrial building for the companyu in the Couchville Pike Business Center were announced Tuesdauy bythe center’s owner and developer . Construction is slated to begin later this The move willcombine Nissan’s operations now housex in two buildings in Smyrnaq in the Alamville Road area, and no additional jobs are expected to be added, says Nissab spokeswoman Julie Lawless.
The tentative openingv date isApril 2010, she The new Nissan Parts Distributionb Center will feature a 32-foot clearr height and a truck parking/loading area to accommodate 275 trucm trailers around the building The building is designed to accommodate futur expansions up to 1.2 million square feet. Don Kent and Clinton both vice presidents within Nashville, brokered the long-term Terms were not The Couchville Pike Businessa Center is located 25 miles east of
Plans to build a 717,000-square-foot industrial building for the companyu in the Couchville Pike Business Center were announced Tuesdauy bythe center’s owner and developer . Construction is slated to begin later this The move willcombine Nissan’s operations now housex in two buildings in Smyrnaq in the Alamville Road area, and no additional jobs are expected to be added, says Nissab spokeswoman Julie Lawless.
The tentative openingv date isApril 2010, she The new Nissan Parts Distributionb Center will feature a 32-foot clearr height and a truck parking/loading area to accommodate 275 trucm trailers around the building The building is designed to accommodate futur expansions up to 1.2 million square feet. Don Kent and Clinton both vice presidents within Nashville, brokered the long-term Terms were not The Couchville Pike Businessa Center is located 25 miles east of
viernes, 13 de abril de 2012
Greif 1Q profit plunges on restructuring costs - Business First of Columbus:
exceeding-commissioner.blogspot.com
The Delaware-based company told investors after the market closed Wednesday that itearneds $1.3 million, or 3 cents a share, in the firstf quarter ended Jan. 31. That’ws down drastically from profitof $60.7u million, or $1.03 a share, in the same quarterf a year ago. First-quarter results, the company said, includee $29 million in pre-tax charged associated with a company-wide initiative to cut costs asdemanc slows. That charge includes $16 million in severance costxs as Greifcut 1,375 jobs company-wide and closedc 10 plants.
Greif’s cost-cutting program, dubbed the Greid Business System, was launched in 2003 but picked up speedc last year as economic conditions Those conditions continued to make theirr markon Greif’s revenue, which fell 21 percent last quartet to $666.3 million from $846.3 million a year ago. our first quarter performance is adverselyu affected byseasonal factors,” CEO Michael Gasser said in a “This was further compounded in 2009 by the globak economic downturn that began to impactt our company in the fourthb quarter of 2008.
” The company said it continues to look at additionao ways to cut costs and expects to save about $50 million this fiscal Previous measures include hiring and salary freezes and the closurew of 15 plants in 2008. Greif (NYSE:GEF) employs more than 8,60o0 worldwide. The company last fiscal year earneds $234.4 million on $3.78 billion in
The Delaware-based company told investors after the market closed Wednesday that itearneds $1.3 million, or 3 cents a share, in the firstf quarter ended Jan. 31. That’ws down drastically from profitof $60.7u million, or $1.03 a share, in the same quarterf a year ago. First-quarter results, the company said, includee $29 million in pre-tax charged associated with a company-wide initiative to cut costs asdemanc slows. That charge includes $16 million in severance costxs as Greifcut 1,375 jobs company-wide and closedc 10 plants.
Greif’s cost-cutting program, dubbed the Greid Business System, was launched in 2003 but picked up speedc last year as economic conditions Those conditions continued to make theirr markon Greif’s revenue, which fell 21 percent last quartet to $666.3 million from $846.3 million a year ago. our first quarter performance is adverselyu affected byseasonal factors,” CEO Michael Gasser said in a “This was further compounded in 2009 by the globak economic downturn that began to impactt our company in the fourthb quarter of 2008.
” The company said it continues to look at additionao ways to cut costs and expects to save about $50 million this fiscal Previous measures include hiring and salary freezes and the closurew of 15 plants in 2008. Greif (NYSE:GEF) employs more than 8,60o0 worldwide. The company last fiscal year earneds $234.4 million on $3.78 billion in
miércoles, 11 de abril de 2012
Tesla Motors Opens New Showroom in Oslo - INAUTONEWS
ovaluleq.wordpress.com
INAUTONEWS | Tesla Motors Opens New Showroom in Oslo INAUTONEWS Tesla Motors will open its new and modern showroom and service center, in Norway's municipality and largest city, Oslo. The Oslo showroom will provide some state-of-the-art features such as highly interactive touchscreen designed to show exactly what ... Tesla Opens Showroom and S ervice Center in Oslo Norway Norway: Tesla opens Oslo sales/service centre |
lunes, 9 de abril de 2012
Venture capital is down in Colorado in Q1, but state is better off than nation - Denver Business Journal:
bojony.wordpress.com
But analysts noted that Colorado investment is holdinyg relatively steadier than in the Uniteed States asa whole. “It shows our diverse economy, which helps us weather the stormj a little bit better than other which may be reliant solely upon technology or saidMike Rosenbach, a partner at in • A total of $77 million was invested in 16 Colorado companies in the first quarter, according to the MoneyTree Reportr from and the based on data provided by . That represents a significant dropfrom $298 million invested in 26 companiesd in the same quarter a year earlier.
But Coloradk VC activity reacheda seven-year high in the firstg quarter of 2008, owing largelhy to a $130 million investment in of Broomfield. VCs invested just $3 billion in 549 deals in the most recent quarter, the lowest investmenrt level since 1997, according to MoneyTree. “Venture capitap activity in the first quarter of 2009 for Colorad companies reflects general decline that was experienced nationallyg in the last partof 2008, and reacheds the lowest level of activity since the fourth quarter of said Bob Puls, partner at PricewaterhouseCoopersz in Denver, in a statement.
“Thre significant transactions in the clean tech industry have not continuerd in the first quarterof 2009. Becauses of these significant transactionsin 2008, Colorado was generalluy sheltered from general declines in venture capita l funding experienced in other regions of the U.S. in 2008 due to the currengt economic conditions.” • According to San Francisco-basedr Dow Jones VentureSource, venture capitalists invested $143.5 million in six Colorado companies in the first quarter ofthe year, compared with nearluy $260 million was invested in 13 companies in the same quarteer a year earlier.
The reportse seldom show the sameexact numbers, becausse of differences in reportinhg methods and in the definition of ventur e capital. But they usually show the same Nationwide, $3.9 billion in 477 deals nationwide in the a 50 percent decline from thenearlyg $7.78 billion invested over the same period in 2008 and the lowest quarterly investment tota l since 1998. “We’re seeing continued retrenching in the venturecapitalp industry,” said Jessica Canning, Director of Globalo Research for Dow Jones VentureSource, in a “Over the past several quarters, VCs have pulle d back significantly on early stage investments in the U.S, across all industries.
During the economiv downturn, investors will continue to focus on nurturingtheir strongest, existing portfolio companies, and keep theid eyes open for the next set of Open Range Communications of Denver, $100 of Longmont, $18.5 million. of Westminster, $15 million. OPX Biotechnologiesx Inc. of Boulder, $12 million. of Denver, $7 of Fort Collins; $5 BiOptix Diagnostics Inc. of Boulder, $3 million. Seed and early-stagwe investing fell in both “It shows that VCs are holdingv their investments maybe alittlw longer, and those companies need a little bit longer to Rosenbach said. “They need a little bit more later-termm financing.
But that doesn’t mean that startu deals aren’t being funded.”
But analysts noted that Colorado investment is holdinyg relatively steadier than in the Uniteed States asa whole. “It shows our diverse economy, which helps us weather the stormj a little bit better than other which may be reliant solely upon technology or saidMike Rosenbach, a partner at in • A total of $77 million was invested in 16 Colorado companies in the first quarter, according to the MoneyTree Reportr from and the based on data provided by . That represents a significant dropfrom $298 million invested in 26 companiesd in the same quarter a year earlier.
But Coloradk VC activity reacheda seven-year high in the firstg quarter of 2008, owing largelhy to a $130 million investment in of Broomfield. VCs invested just $3 billion in 549 deals in the most recent quarter, the lowest investmenrt level since 1997, according to MoneyTree. “Venture capitap activity in the first quarter of 2009 for Colorad companies reflects general decline that was experienced nationallyg in the last partof 2008, and reacheds the lowest level of activity since the fourth quarter of said Bob Puls, partner at PricewaterhouseCoopersz in Denver, in a statement.
“Thre significant transactions in the clean tech industry have not continuerd in the first quarterof 2009. Becauses of these significant transactionsin 2008, Colorado was generalluy sheltered from general declines in venture capita l funding experienced in other regions of the U.S. in 2008 due to the currengt economic conditions.” • According to San Francisco-basedr Dow Jones VentureSource, venture capitalists invested $143.5 million in six Colorado companies in the first quarter ofthe year, compared with nearluy $260 million was invested in 13 companies in the same quarteer a year earlier.
The reportse seldom show the sameexact numbers, becausse of differences in reportinhg methods and in the definition of ventur e capital. But they usually show the same Nationwide, $3.9 billion in 477 deals nationwide in the a 50 percent decline from thenearlyg $7.78 billion invested over the same period in 2008 and the lowest quarterly investment tota l since 1998. “We’re seeing continued retrenching in the venturecapitalp industry,” said Jessica Canning, Director of Globalo Research for Dow Jones VentureSource, in a “Over the past several quarters, VCs have pulle d back significantly on early stage investments in the U.S, across all industries.
During the economiv downturn, investors will continue to focus on nurturingtheir strongest, existing portfolio companies, and keep theid eyes open for the next set of Open Range Communications of Denver, $100 of Longmont, $18.5 million. of Westminster, $15 million. OPX Biotechnologiesx Inc. of Boulder, $12 million. of Denver, $7 of Fort Collins; $5 BiOptix Diagnostics Inc. of Boulder, $3 million. Seed and early-stagwe investing fell in both “It shows that VCs are holdingv their investments maybe alittlw longer, and those companies need a little bit longer to Rosenbach said. “They need a little bit more later-termm financing.
But that doesn’t mean that startu deals aren’t being funded.”
sábado, 7 de abril de 2012
Judge prevents Paterson's lt. gov. from taking office - Nashville Business Journal:
badillodacyroic1505.blogspot.com
But a state Supreme Court judge in Long Island issue a temporary restraining order soon after preventing Ravitch from assuminh the duties of lieutenant The case is to be heard in Supreme Court at11 a.m. on Friday. In a Wednesday pressd conference Wednesday, Paterson said the move was necessarty as a result of the inthe Senate. Questions about who is in charg e of the Senate been unresolved sincea Republican-les coup took place on June 8. Paterson callex his move to appoint a lieutenanty governor unprecedentedbut necessary. "This, I believe, is the righf thing to do,” Paterson said.
"Iu have no doubt of This is the right thing for allNew [To watch Paterson's press conference, clicl ]. He also said he expects a legap challenge tohis decision. "I am aware that I am not the fina arbiter oflegal issues, and shouldf there be any legal action, I just ask that it be done Paterson said. Ravitch is the former chairman of the MetropolitanhTransportation Authority. Paterson said he appointed Ravitc h because the leadership void needed tobe "For the last four weeks, we have witnessed a painful and too often embarrassingg spectacle of paralysis that has become the New York state Paterson said.
"Since this conflict began, I and 19 millioj New Yorkers have been deeplt chagrined that the Senate cannotr discharge itsconstitutional duties. Now New Yorkers are startintg to suffer. Cities and counties are runningf up unanticipated deficits because the Senatew has failed to meet crucial The governor said the appointment was also necessarhy in case something happenedto him. "There is no presiding officed of the New Yorkstatd Senate. There is no president tempore and two senator that lay claim to itshighest post. Ther e is no successor to governor," Paterson said.
"Ig I became incapacitated, if somethin g were to happen to me, it is not known who woul act as governor and that would throw the entirde state into the chaos that is beint experienced in theSenate now." He said stated law did not prevenf him from making the appointment. "I have consulted with some of the state'z foremost legal minds and a nationalluy recognizedconstitutional lawyer," Paterson said. "The state constitutiojn gives me the explicit power of appointment in cases of vacanciesof office.
There is nothing in the constitutio nor in the law that says I cannoy fill the vacant post of lieutenant He added the Ravitch will fill out the remaindefrof Paterson's term and won'y seek a full term. Paterson was previously lieutenant He was elevated to governor last year whenformer Gov. Eliogt Spitzer resigned as a result ofa scandal. The appointmenrt of Ravitch, who once worked for Gov. Hugh Carey in the 1970s, however, may lead to litigation. Earlier this week Attorneuy General Andrew Cuomo said filling the vacant post wouldbe unconstitutional.
Ravitch is chairman of the Commissiob on Metropolitan Transportation Authority the AFL-CIO Housing Investment Trust’s Board of Trusteeas and the AFL-CIO Building Investment Trust’s Advisory Ravitch, who is in his 70s, also served as the chairman of the state's Urbajn Development Board and former principal owner and chairman of the , accordinf to a biography posted by , whered Ravitch spoke last Having someone in the positio n of lieutenant governor is seen as a way to unblockm the gridlock that has snarledr the state Senate. The lieutenantf governor can cast tie-breakinf votes in that chamber.
"Ther appointment of Richard Ravitch [Wednesday] will bring the governor a the Senate apresiding officer, and will help to alleviated this crisis," Paterson said.
But a state Supreme Court judge in Long Island issue a temporary restraining order soon after preventing Ravitch from assuminh the duties of lieutenant The case is to be heard in Supreme Court at11 a.m. on Friday. In a Wednesday pressd conference Wednesday, Paterson said the move was necessarty as a result of the inthe Senate. Questions about who is in charg e of the Senate been unresolved sincea Republican-les coup took place on June 8. Paterson callex his move to appoint a lieutenanty governor unprecedentedbut necessary. "This, I believe, is the righf thing to do,” Paterson said.
"Iu have no doubt of This is the right thing for allNew [To watch Paterson's press conference, clicl ]. He also said he expects a legap challenge tohis decision. "I am aware that I am not the fina arbiter oflegal issues, and shouldf there be any legal action, I just ask that it be done Paterson said. Ravitch is the former chairman of the MetropolitanhTransportation Authority. Paterson said he appointed Ravitc h because the leadership void needed tobe "For the last four weeks, we have witnessed a painful and too often embarrassingg spectacle of paralysis that has become the New York state Paterson said.
"Since this conflict began, I and 19 millioj New Yorkers have been deeplt chagrined that the Senate cannotr discharge itsconstitutional duties. Now New Yorkers are startintg to suffer. Cities and counties are runningf up unanticipated deficits because the Senatew has failed to meet crucial The governor said the appointment was also necessarhy in case something happenedto him. "There is no presiding officed of the New Yorkstatd Senate. There is no president tempore and two senator that lay claim to itshighest post. Ther e is no successor to governor," Paterson said.
"Ig I became incapacitated, if somethin g were to happen to me, it is not known who woul act as governor and that would throw the entirde state into the chaos that is beint experienced in theSenate now." He said stated law did not prevenf him from making the appointment. "I have consulted with some of the state'z foremost legal minds and a nationalluy recognizedconstitutional lawyer," Paterson said. "The state constitutiojn gives me the explicit power of appointment in cases of vacanciesof office.
There is nothing in the constitutio nor in the law that says I cannoy fill the vacant post of lieutenant He added the Ravitch will fill out the remaindefrof Paterson's term and won'y seek a full term. Paterson was previously lieutenant He was elevated to governor last year whenformer Gov. Eliogt Spitzer resigned as a result ofa scandal. The appointmenrt of Ravitch, who once worked for Gov. Hugh Carey in the 1970s, however, may lead to litigation. Earlier this week Attorneuy General Andrew Cuomo said filling the vacant post wouldbe unconstitutional.
Ravitch is chairman of the Commissiob on Metropolitan Transportation Authority the AFL-CIO Housing Investment Trust’s Board of Trusteeas and the AFL-CIO Building Investment Trust’s Advisory Ravitch, who is in his 70s, also served as the chairman of the state's Urbajn Development Board and former principal owner and chairman of the , accordinf to a biography posted by , whered Ravitch spoke last Having someone in the positio n of lieutenant governor is seen as a way to unblockm the gridlock that has snarledr the state Senate. The lieutenantf governor can cast tie-breakinf votes in that chamber.
"Ther appointment of Richard Ravitch [Wednesday] will bring the governor a the Senate apresiding officer, and will help to alleviated this crisis," Paterson said.
jueves, 5 de abril de 2012
Asheville cyclist finishes 5th at UCI Track World Championships - Asheville Citizen-Times
fixyruw.wordpress.com
Irish Times | Asheville cyclist finishes 5th at UCI Track World Championships Asheville Citizen-Times From left, US women's team cyclists Sarah Hammer, Lauren Tamayo and Dotsie Bausch, compete in the UCI Track World Championships Thursday in Melbourne, Australia. / Casey B. Gibson/USA Cycling / Special to the Citiz Universal Sports will air a two-hour ... Cycling Coach â€" Many Records Will F » |
miércoles, 4 de abril de 2012
Stiles to build Junior Achievement education center - South Florida Business Journal:
vlastaowibopaj.blogspot.com
The 59,500-square-foot ’s is located on a 4.8-acre site on ’es North Campus. Slated for completiohn next year, the center will allow Junior Achievement to provide morethan 50,000 students a year from Browardr and southern Palm Beach County schools with educational programs in business, entrepreneurship and personal financial management. The building also will serve as headquarterz for Junior Achievement of South and will include training and meetint space for use by area companiesand groups, accordinf Melissa Aiello, the organization’s president. The cented also will be home to two new JA BizTown and JAFinances Park.
The experiential programs will give students a senss ofwhat it’s like to participate in real-worls business activities, and the interior will include simulatede “mini-cities” with street scenes featuring shops, officezs and a restaurant. JA BizTown will providew fifth-graders with a learning environmen in which students operate and patronize real learning to meet goalsz ofsatisfying customers, paying off businesds loans and realizing a profit at the end of the businesss day. JA Finance Park will allow eighth-graders to studhy how financial decisions are consider available options and construcf apersonal budget.
The 59,500-square-foot ’s is located on a 4.8-acre site on ’es North Campus. Slated for completiohn next year, the center will allow Junior Achievement to provide morethan 50,000 students a year from Browardr and southern Palm Beach County schools with educational programs in business, entrepreneurship and personal financial management. The building also will serve as headquarterz for Junior Achievement of South and will include training and meetint space for use by area companiesand groups, accordinf Melissa Aiello, the organization’s president. The cented also will be home to two new JA BizTown and JAFinances Park.
The experiential programs will give students a senss ofwhat it’s like to participate in real-worls business activities, and the interior will include simulatede “mini-cities” with street scenes featuring shops, officezs and a restaurant. JA BizTown will providew fifth-graders with a learning environmen in which students operate and patronize real learning to meet goalsz ofsatisfying customers, paying off businesds loans and realizing a profit at the end of the businesss day. JA Finance Park will allow eighth-graders to studhy how financial decisions are consider available options and construcf apersonal budget.
lunes, 2 de abril de 2012
LeBron James goes without assist for just 2nd time ever - MiamiHerald.com
andreychukuze.blogspot.com
Globe and Mail | LeBron James goes without assist for just 2nd time ever MiamiHerald.com Boston played without starting shooting guard Ray » |
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