Termini acquires AM&A's warehouse - Dayton Business Journal:

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According to public documents filed late Thursday in the ErieCountyy Clerk’s Office, Termini’s H@Loftes LLC paid $720,000 for the historic The building had been owned by New Horizons Acquisitions LLC, a Long Island-baser development firm. Termini is in the earlu stages of renovating theformer warehouse, partse of which date back to the late 1800s, into a mixed-user development anchored by 47 market-rate apartments and 15,00 0 square feet of office space. P&Bg Acquisitions will occupy the office while Termini said he is compiling a rapidlt growing list of prospective tenants forthe apartments. Termini will be investingt morethan $11 million in the project.
The which is being called the H@Lofts, is expected to welcom e its first residential tenantswnext spring. In the meantime, Termini is talking with local and statew officials about incentive packages needed beforde he can acquire theflagship AM&A's department stord building on Main Street from New Termini predicted the cost of renovating the buildingb between $80 million and $100 He said it would only be possible with a heavh influx of public sector dollarss and support. The developer said it may take him more than one perhaps as long as18 months, to secure all the necessary public-sector dollars he needs for the AM&A's department store project.
The former store, which has been closede since 1995 -- save for a brietf run as Taylor’s Department Store -- will likely be used as a mixed-usse development project, also anchored by residential units.

Blue Entertainment Sports Television to revive

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The original “The show aired on ABC in the mid-1970s as part of “Widd World of Sports.” The show was revived in 1987, 1993, 1998 and 2002, accordinhg to a news release. “One of the reasons why I love this show so much is becaused it was the originalrealithy show,” Michael Principe, managing directot of Louisville-based BEST, said in an He serves as co-executive producet of “The Superstars,” along with Juma president Robert Horowitz. “The show has the perfectg home with theABC networks, including and Disney. It givese us huge distribution opportunities.
” The which will premiere Tuesday, June 23, at 8 features eight celebrities paired with eight professional male and female competing inathletic challenges, including biking, running and kayaking. • Soccer player Brand i Chastain and singer JulioIglesiaas Jr. ESPN anchor John Saunders, formetr player Warren Sapp and “Inside the commentator Jenn Brown will serveas hosts. The competition is being held at the Atlantis Resort in the Blue EntertainmentSports Television, a division of , is a televisiob and live sporting events production The company also specializes in sportds marketing and agent representation for professional athletes and entertainers.

The best surf magazines in the world - SurferToday

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SurferToday

The best surf magazines in the world SurferToday Surf magazines are part of the history of surfing. Surf magazines explore the surfing lifestyle and have been building the concept of surf cultures for decades. The greatest surf spots, the most successful surfers, the hidden wave peaks and the most ...

AT&T mulling taking on Kindle, going after

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Perhaps. In a statement e-mailed to the DBJ, Dallas-basedf AT&T confirms that it is “interested” in that but doesn’t give details. “Naturally, we are very interestedx in the (e-reader) space, but we do not have a produc t agreementto announce,” according to the statement from spokeswomaj Sarah Andreani. “Our emerging device organization has been meetingy with a numberof (equipment manufacturers) abour a whole range of wirelessly embeddesd consumer products.” A would-be rival to Kindle, whose wireless service is providede by , would be one of a relativelyy small but growing numbert of consumer electronics that AT&Ty is starting to peddle.
On Apri 1, the company announced that it will sell netbookl computers intwo markets, Atlant a — where the devices will cost about $50 — and where they’ll run closer to $100. Netbookss typically run Linux or Windows XP operating systems and allo w users to wirelessly surf the Internet and link upwith Internet-based softward programs, which typically run on other computers. The Kindl e sells for $359 and allowsa books, magazines and newspapers to bedownloaded wirelessly. Conteng can be purchased from the Amazon.com Kindles store. “The wireless industryh is growing, expanding and changing.
It’z not just about phones,” says Jeff Kagan, a telecokm analyst in the Atlanta “There’s an opportunity there.” But Barbaras Lancaster, president of the Richardson telecomconsultancy , says therde are both opportunities and challenges for AT&T in doing a Kindle-like device. “You can get more content out to people. Demand is continuinyg to rise even as the economyis tight,” she But AT&T would need to examine what mechanics would need to be in placwe to get and distribute contentg that is interesting to its customers, she says. “It’ds not trivial.
Given that we have content creator s popping up every how do you stay on topof

Western Carolina hires Appalachian State assistant Mark Speir as its head ... - Washington Post

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Watauga Democrat

Western Carolina hires Appalachian State assistant Mark Speir as its head ... Washington Post CULLOWHEE, NC â€" Western Carolina has hired veteran Appalachian State assistant Mark Speir (SPEER) as its head footb »

Medtronic paid Army doctor $850k - Triangle Business Journal:

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Fridley-based Medtronic (NYSE: MDT) it paid Dr. Timothy Kuklo for givinbg speeches and training other doctors for the but did not at that time announce the amountxs ofthose payments. "We are making Dr. Timothyt Kuklo's compensation information public ona one-time basis in the interest of transparency in this uniqu case," Medtronic spokeswoman Marybeth Thorsgaard said. Medtronic released the informatio in response to a requestfrom Sen. Charles Grassley, a vocal critic of pharmaceuticaland medical-technologt firms making payments to doctors.
Kuklo workee as a staff physician at Walter Reed Army Medical Center between 2000 and and during a portion ofthat time, he was paid by Medtronid to provide training and After leaving Walter Reed, Kuklo signed a general consultingt agreement with Medtronic in August 2006. He was placeds on inactive status last The Army has accusecd Kuklo of falsifying research abouf aMedtronic bone-growth product called Infuse durinhg the time Kuklo worked at Walter Reed in Washington, D.C. Medtronic did not pay for or participates inthat study, Thorsgaard said.

Eddie Bauer files Chapter 11 - Triangle Business Journal:

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The retailer said it has strucka $202 milliob asset purchase agreement with an affiliate of of New That deal is subject to an auction and bankruptct court approval. In its bankruptcy cour t filing, the Seattle-based compangy listed assets of $476 million and debtsx of $427 million. Eddie Bauer (NASDAQ:EBHI) runs a dozej stores in Ohio, including three in Central It also operatesa 2.2 million-square-foot distributionb center in Groveport. The company this year cut 70 jobs at theshippinv center, which employed about 500 workers beforre the staff reduction. CCMP said it intends to keep most ofthe company’s 370 stores and other operationx open.
Eddie Bauer has struggled with itsdebt – a crisi that worsened when revenued dropped as the recession took its toll on consumers. The companyh lost nearly $500 million in the past threer years. Those losses, coupled with the effecty of the recession and debt paymentse pushed the company into bankruptcycourt – a move that had been rumores for months. The company lost $165.45 million on $1.02 billiom in revenue last year. Eddie Bauer is no strange r to bankruptcy. Six years ago, Spiegel which had owned the company since filed forbankruptcy protection. And as part of the restructuring, the compangy famous for its women’s wear catalo g gave creditors its stake inEddi Bauer.
The company in 2005 emergedf as a standalone businesw for the first time in more than 30 yearx and carrieda $300 million senior secured term loan and the task of rebuildint a brand. Company executivew have said the debt terms from the Spiegeo bankruptcy case have continued to hamped efforts to turn aroundEddie Bauer.

Talecris deal could be delayed, UBS says - Triangle Business Journal:

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Talecris, based in Research Triangle Park, agreed in 2008 to be purchaseddby Australia’s for $3.1 billion in stock and Both companies make therapiesw from human plasma found in the blood. The deal is a big one for which currently is owned by investment firms Cerberus Capitao Management andAmpersand Ventures, and the company’ds more than 2,000 Triangle workers. Most analystzs agree that Talecris would be made stronger after comingunder CSL’s umbrella. But the which would combine the world’s No. 2 and No. 3 produceras of plasma drugs, . In October, the U.S. Federall Trade Commission asked CSL for more information aboutthe merger. In a Jan.
19 CSL says it expects to responc tothe FTC’s request in a matterf of days. The FTC is “administrativelgy bound” to respond to CSL in 30 but the anti-trust review could take much analyst AndrewGoodsall writes. If the Talecris-CSL deal isn’ty done by August, CSL would owe Talecris’ current owners $75 The deal’s failure also would muddh the futurefor Talecris, which already had triex to go public before it agreed to the CSL deal. A CSL spokespersonh wasn’t immediately available for comment.

SoftBrands sold for $80M; Golden Gate Capital is buyer - Kansas City Business Journal:

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The buyer, a holding compant created by private-equity firm and its portfolio company , will pay 92 centes per share for SoftBrands. Shared of SoftBrands closed at 47 centsd per shareon Thursday. On the same date in SoftBrands’ stock closed at 1.09 per share. San Calif.-based Golden Gate Capital has about $9 billiohn in assets under management. based in Alpharetta, Ga., is a softwarwe company with about 9,000 employees and $2.2 billion in Minneapolis-based SoftBrands (AMEX: SBN) sells software to the hospitalityu industry, as well as to small and mid-sizec manufacturers under the brand.
Its producta handle tasks such as making reservations to setting room SoftBrands CEO Randy Tofteland said in a press statemen t that the deal will alloa shareholdersto “realize significant value from theid investment.” He also said the companyt would benefit from an “alliance” with A spokeswoman for Infor said SoftBrands will continud to have a presence in though it has yet to be determined how many employeews will remain here. SoftBrands’ board has already approved the which is expected to close in between 60 and90 days.

'Nashville's Nutcracker' receives fresh dusting of magic - The Tennessean

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Friday, December 9, 2011

On eve of signing deadline, Ritter OKs bills for truckers, movies, restaurants - Puget Sound Business Journal (Seattle):

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But economic developers and investors must continuee to wait to see if the governort will come to their aidbefore Friday’as deadline to sign or veto legislation. Ritter beganj the day at the Alliance for Sustainable Colorado Center indowntowb Denver, signing three bills that he said will continuew to build the state’s “New Energy House Bill 1298, sponsored by Buffie McFadyen, D-Pueblo West, and Cory Gardner, R-Yuma, lets truckinb companies get 25 percent reimbursement of the cost of buyinyg and installing fuel-efficient technologiesa and emission-control devices.
More importantly, McFadye n said, it prorates sales tax on trucking equipmeny based on the percentage of miles companiea drive in Colorado and it allows truckers finally to take advantagrof enterprise-zone tax breaks. “This bill is so incrediblg important tothe industry, not only for the environmentt but for the survival of truckers that are in she said while tearing up at the House Bill 1331, sponsored by Rep. Sara Gagliardi, expands the pool of vehicles eligiblefor alternative-fuel tax credits to include those that run on cleaner-burningf natural gas. It also eliminatesa eligibility for some hybrid vehicles that arenot fuel-efficient, said sponsoringy Sen. Betty Boyd, D-Lakewood.
Ritter notedf that the Colorado Oil and Gas Associatioj and the nonprofit group Environment Colorado both supporterthe measure. “If COGA and Environment Colorado it has to be agreat bill,” he said. And Senat Bill 75, championed by the company Aspen Electric Cars and allows drivers tooperate low-speed electriv vehicles on most roads with speed limits of 35 mph or lower. From there, Rittedr went to the officed in Denver and signed a measureeto re-establish the Colorado Office of Television and Media. Houser Bill 1010, sponsored by Rep. Tom Massey, R-Poncha and former Rep.
Anne McGihon, D-Denver, allows the officed to solicit gifts and donations to offer incentiveas to producers to make films inthe state. “o believe this move signalsw that Colorado is becoming serious aboutr attracting production to the statonce again,” said Kevin executive director of the Colorado Film “By becoming part of the state once the film office will once again have resources to market Coloradpo effectively and help expandc our economic development efforts in a new and differenf direction.” Finally, Ritter returned to his Capitol office to sign nine separatew bills, including measures to help the restaurant and broadbane industries.
Senate Bill 121, sponsored by Sen. Al R-Hayden, eliminates the sales and use tax restaurants must pay when offeringh freeor reduced-price meals to employees. Senate Bill 162, sponsorede by Sen. Gail Schwartz, D-Snowmass Village, requires the Office of Informationh Technology to create a map of where broadband technology is available and not availabl inthe state. Ritter has not announcerd his intentions on at least two billz being watched closely by thebusines community, however. One is Senate Bill 173, which would allow local governments to work with the statre Economic Development Commission to offer incentiveas to attract andbuild tourism-generatinhg projects.
The bill is considered key to landing eitherr of twopotential auto-racetrack projects east of The other is House Bill which limits the Colorado-sourcee capital gains subtraction to the first $100,000 of gainsa on assets held for five years or more. If signed, the bill wouldd generate $15.8 million to help balancd the budget.

Wednesday, December 7, 2011

Kroger takes on double duty - The Business Review (Albany):

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stores will open within weeks of each other late this The 125,000-square-foot Kroger Marketplace stores, whicg will both feature the same layout, will be locatedf in Brazos Town Center in Rosenberg and at Watersidde Marketplace in Richmond. The Richmondf Kroger is slated to open in early while the Rosenberg store will openin “We view these as two separate growty areas,” says Gary Huddleston, consumer affairs director of Kroger Southwest. “We believe that these stores will serve two differengt marketsand we’ll do well in both of theser areas.” Huddleston says the Brazos Town Center located at U.S.
Highway 59 and FM 762 in will primarily servethe Richmond/Rosenberb market, while the Waterside Marketplace location, at Gran Parkway and Mason Road in Richmond, will serve the Katy Both Kroger Marketplace stores will featurw a Fred Meyer Jewelers’ store as well as a largw home furnishing section with Ashley Furniture. The storesd will also offer grocery anddeli products, a large floral section, gourmet and chef-prepareed foods, a wine shop with a wine steward, a drive-thr u pharmacy and a Kitchenplace area with upscale kitchenware and placew settings. Huddleston says the format will be even larger than Kroger’s upscale Signature Store concept.
The placement of the supert stores so close together in outlying suburbsis unusual, especiallyg since the Richmond/Rosenberg area isn’t particularly known as a hotspof for retailers. In fact, the Starbucks Corp. location in Rosenberhg at 24406 U.S. Highway 59, was one of the first to closde early last year when the coffer chain began shutteringunprofitable units. Barkley Peschel, vice presiden of development and operations for the Greater Fort Bend EconomicDevelopment Council, says even thoug Richmond and Rosenberg are considered “siste r cities,” the two Kroger Marketplace locations will serve “vastlyg different” customers.
He believes the Rosenberfg store will fill a void left in the localp grocery market whenKmart Corp. pulled out of Texaas and closed its store at State Highway 36and U.S. 59 in 2003. “Peoplre in Rosenberg really don’t have a major grocer in a convenient placeto shop, so I think they’ll do he says. Despite the close proximity of the twogianty stores, Peschel says, Kroged was very picky in its site selectionj process and only chose areas that coulfd support a store now and also show strong potential for growtnh in the future. “I thin k they’ve found that,” he “There is a need for this type of shopping experiencer inthe area.
” LOCATION, LOCATION Steve Fritzer, vice president of investmentd for Jacksonville, Fla.-based Regency which owns Waterside Marketplace, says the center is 65 percent leased, with Kroger Marketplace servingf as the anchor. He points out that the 147,857-square-foo t center is located in the sixth-fastest growingy residential ZIP code in the Withina three-mile there is a population of 33,21q2 people with an annual average household income of The center is also located at an intersection that will be one of the two controller access points on Grand Parkway connectingb drivers from U.S. Highway 90 to the Westpark Tollroad.
The other Kroger Marketplace location inthe 546-acre Brazosx Town Center in Rosenberg will be in a similarr situation. According to research by Houston-basec NewQuest Properties, which owns Brazos Town Center, the median household income in the trade area is in excessof $50,000p annually. Peschel says that despite the struggling national andregionak economies, Fort Bend Count is continuing to grow, having added approximately 30,000o new residents last year. He says the county is expectedx to reach more than 1 millionj residents in the next15 years.

Monday, December 5, 2011

Second recession deemed possible - Kansas City Business Journal:

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Those odds may seem low, but they’re actuallyu high since double-dip recessionse are rare and the U.S. economy grows 95 percenrt of the time, says the chamber’s Marty Regalia. He predicts the current economic downturn will endaround However, the unemployment rate will remain high througn the first half of next year and investmentt won’t snap back as quickly as it usualluy does after a recession, Regalia Inflation, however, looms as a potentialk problem because of the federal government’z huge budget deficits and the massivee amount of dollars pumped into the econom y by the Federal Reserve, he says.
“The economhy has got to be running on its own by the middlde ofnext year,” Regalia Almost every major inflationary period in U.S. history was precededc by heavydebt levels, he notes. The chancexs of a double-dip recessionh will be lower if Ben Bernanke is reappointed chairmah of theFederal Reserve, Regali says. If President Barack Obama appoints his economifc adviser Larry Summers to chairthe Fed, that would signal the monetary spigot would remain open for a longefr time, he predicts. A coalescing of the Fed and the Obamz administrationis “not something the markets want to Regalia says.
Obama has declined to say whethet he willreappoint Bernanke, whose term ends in

Saturday, December 3, 2011

Police insist Asbos can protect public - The Oxford Times

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'Nashville's Nutcracker' receives fresh dusting of magic The Tennessean Toys come to life in Nashville Ballet's Nashville's Nutcracker , a creative telling of the traditional tale which begins at the city's 1897 Centennial Exposition. / Heather Thorne When: Friday through Dec. 18. Performances at 7 pm Fridays and 2 and 7 ... and more »

Police insist Asbos can protect public The Oxford Times Police have defended the use of Asbos after three yobs were handed the controversial orders in less than a week. Last year Home Secretary Theresa May said it was “time to move beyond the Asbo”, but the orders remain open for courts to ... and more »

National Growler Directory Website Which Brings Growler Filling Locations Online - San Francisco Chronicle (press release)

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National Growler Directory Website Which Brings Growler Filling Locations Online San Francisco Chronicle (press release) Launches Growlersite.com To Help Beer Drinkers Find local Growler Filling Sites from Their Computers or Mobile Phones Klobe inc, a local online advertising and lead generation company, today announced the launch of its national growler directory ... and more »

A Surreal Night At the Linc - The 700 Level

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The 700 Level

A Surreal Night At the Linc The 700 Level The biggest storyline to me from last night's 38-20 drubbing wasn't DeSean Jackson's multitude of selfish displays, Tom Brady carving up the Eagles' defense like a cooked bird, a RAW-style confrontation between members of the ... and more »

University System of Md. to break up biotechnology institute - Austin Business Journal:

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The public university system’s Boarxd of Regents approved Friday a sweeping restructuringv ofthe (UMBI) that will parcek out its four research centers, along with staff and othetr assets, to other campuses. Systemn leaders hope the restructuring will drivre research collaboration and boost access tooutside funding. It also means an end for which was launched to grea t fanfare two decades ago with the mission ofadvancinvg education, research and economi development for what was then the state’s nascent biotechu industry.
A months-long study of UMBI by an ad hoc committee led by USM regentsd Chairman Clifford Kendall concludedthat “thed organization of UMBI as a geographically dispersed, free-standing entity has createdd intractable problems.” Those problems included an inabilitgy to scale UMBI programs, isolation among UMBI’s research centers, the lack of a criticak mass of graduate and undergraduated students involved in UMBI and administrative inefficiencies.
“After a comprehensivd and deliberative process, we have concluded that restructuringh UMBI’s assets is the right thing to do,” Kendall said in a “With a focus on collaboration — across disciplines and acrossinstitutions — and with recognition of the exceptionak talent within the UMBI community and the system’s otherr institutions, this action will positioj USM to take fuller advantage of its system-widwe strengths in the biosciences and to fuel the state’ s knowledge economy even more.” The move isn’t a totakl surprise. Critics have long questioned whether the state was duplicating its researcjh efforts inthe biosciences.
UMBI’s four centersx in Baltimore, Rockville and College Park conduct researcgon medical, biotechnology, marine and environmentao science. At the same time, statwe funding for higher education is pinched by the recession andthe state’sx budget deficit, and universities’ researcbh needs are growing. Under the restructuring approvedr Friday by the regentws at a meeting in a joint University System of Maryland researcnh center will be establishedat UMBI’s Center for Advanceed Research in Biotechnology in Rockville.
The system’s flagship Colleg e Park campus will oversee the facility and work with the University of Maryland, Baltimore to elevate work in engineering and computational sciences as well as structural protein design and drug discovery. • UMBI’z Center for Biosystems Research will also be overseej byCollege Park. • A joint research centerr at UMBI’s Center of Marine Biotechnology in Baltimore will be with administrative responsibility fallingf to the Universityof Maryland, Baltimore UMBC will collaborate with the Universityt of Maryland Center for Environmental Science and the University of Baltimore to drive research in environmental and genomic • UMBI’s Baltimore-based Medical Biotechnology Centedr will fall under the Universitt of Maryland, Baltimore’s • UMBI’s Institute of Fluorescence will be administered by UMBC.
UMBI’s K-12 educational programss will be overseen by with an eye on enhancin itsteaching focus. UMBI President Jennir Hunter-Cevera is stepping down June 30 afteer 10 years in that She will become executive vice president of discoveryg and analytical sciences and corporate developmentat , a Northb Carolina nonprofit. The University System of Maryland will honor tenure held by UMBIfaculty members, and administrativs support staffers will be able to stay in their jobs through fiscal 2010.
Job opportunities at othetr system campuses willbe identified, and memoranda of understanding outliningv future operations and collaborations are expectedd to be completed by the end of this year and fulluy implemented by the end of fiscal 2010. UMBI generatesa about $25 million in research activity annually, and universith system leaders hope to see that number increase dramaticallyt by breaking upthe institute. “Today’s decisions by the board provide a tremendous opportunity for the Universit y System of Maryland to increase the volume and impact of its basifc and applied research in the said USM ChancellorWilliam E. Kirwan in a statement.
“This restructuring has the potentialp to double the research productivityof UMBI’s current assets within five years.”

Annual "Kayla Cares" Blanket Drive Begins Friday - Patch.com

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Annual "Kayla Cares" Blanket Drive Begins Friday Patch.com Lawrence Township sixth-grader Kayla Jackson is hoping to collect 2000 donated blankets to help keep families and pets warm this winter. By Jacquelyn Pillsbury Ryan Stevens and Kayla Jackson are ready to launch the Third Annual "Kayla Cares If You Are ...

US received good demand at 2-year auction - MarketWatch

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US received good demand at 2-year auction MarketWatch Bonds held onto gains after the Treasury Department received good demand at its sale of 2-year notes, the first of three debt sales in the holiday-shortened week. WSJ's global economic editor David Wessel reports efforts by the debt supercommittee to ... and more »

HLTH, WebMD propose merger with help from Raymond James - Tampa Bay Business Journal:

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Under the terms of the definitive merger each share of HLTH will be convertec into the right toreceive 0.4444 sharez of WebMD common stock. The companies previously announcedd a merger in February 2008 but terminated that agreement in October 2008 due to concerns stemming from the broade r financialmarket decline, Raymond James said in a The health care investment banking groupp of Raymond James (NYSE: RJF), a financial services compang headquartered in St.
Petersburg, serve as exclusive financial adviser to HLTH in connection with the Raymond James also provided an opinionto HLTH’s boarf of directors regarding the fairness, from a financial pointg of view, of the exchang ratio for the proposes merger. The merger simplifies the public equity provides HLTH shareholders with direct ownership in WebMD and improvews thetrading float, Riley managing director and co-head of healt h care investment banking at Raymonfd James, said in the release.

Computer Modelling Group Turns The Corner - Seeking Alpha

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Computer Modelling Group Turns The Corner Seeking Alpha Computer Modelling Group (CMDXF.PK) (CMG.to $13.50) reported excellent on target Q2 (Sept.) results. The company is the leading provider of simulation software used by energy companies to maximize output at existing oil and gas fields. ...

Survey: Commercial construction will lag in 2010 - Phoenix Business Journal:

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The American Institute of Architect’s Consensus Constructiob Forecast reported that nonresidential construction is expectecd to drop by 16 percent in 2009 and an additional 12 percentin 2010. “This nonresidential downturn is shaping up to be the deepest decline in nonresidentiakl activity in overa generation.” AIA Chiecf Economist Kermit Baker said in a release. we’re beginning to see some moderation in the trends in design billings atarchitecture firms, so we hopefullyy are nearing the bottom of this • Retail construction is expectec to drop 28 percent in 2009 and nearly 13 percentt in 2010.
• Hotel constructioj will drop nearly 26 percent in 2009 and nearly 17 percentin 2010. Office buildings are expectedx to decrease nearly 22 percent this year and more than 17 percentgnext year. • Industrial facilitie s construction is expected to drop a fractio of a percent in 2009 and nearly 29 percentin 2010. “Commercial facilitiesz such as hotels, retaip establishments and offices will feel the declinsmost dramatically,” Baker said. “The institutional markef will fare much better as stimulus fundinbg becomes availablefor education, health care and governmentt facilities.
” • Amusement and recreation is expected to drop nearl y 21 percent in 2009 and more than 8 percenr in 2010. • Construction of religious facilities should fall nearly 11 percenr in 2009 and nearly 7 percentfin 2010. • Education construction is projectefd to decrease more than 8 percentr this year and a fraction of a percenftnext year. • Construction of healthb care facilities is expected todrop 1.5 percent in 2009 and a fractiohn of a percent in 2010. • Public safetyy construction is expected torise 1.7 percent in 2009 and drop a fraction of a percent in 2010.

American University offers tuition assistance to veterans - Washington Business Journal:

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The Post-9/11 Veterans Educational Assistance Act of 2008 allowzs universities to enter into an agreemeny with Veterans Affairs to shar etuition expenses. and also participatew in the program. Tuition sharing beginse when expenses exceed the highestpublixc in-state tuition rate. The university can contribut e up to 50 percent of those expensees with Veterans Affairs matching everu dollar the college As aparticipating school, Americahn University will devote financiak resources towards admitted post-9/11 veterane as undergraduate, graduate and law Undergraduate veterans who qualify for funding may receivee up to $13,750 per year for four years.
Graduatwe students receive up to $8,900 per year for threed years, and veterans attending American University’s Washington Colleg of Law receive upto $10,210 per year for threed years. At each level, the Veteran Affairs Department will match any funding provided by enabling many veterans to attend the universitytuition free. The Yellow Ribbo Program will begin withthe 2009-2010 academic year, and is expectexd to grow from serving 18 veterans at AU in its firsty year, to 40 veterans after four years.

Study: Colorado clean-energy jobs growing twice as fast as other industries - South Florida Business Journal:

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The report — the Colorad portion of a 50-state analysiws — said clean-energy jobs in Coloradk increased 18.2 percent between 1998 and 2007, versud an overall job-growth rate of 8.2 Pew said there were 17,009 clean-energy jobs at 1,778 companies in Colorado as of 2007. Colorado tied for 18th among the states in the pace ofits clean-energh job growth over the 10-year periodf studied by Pew. The top states were Idaho, with 126 percentt clean-job growth, followed by Nebraska, 109 percent, but both statee still have smallertotal clean-energy job totalas than Colorado.
“Colorado has a larg e share of America’s clean energy economh – and it is growingv fast,” Niki Hawthorne, Colorado representative for the PewEnvironmentr Group, said in a statement release d with the report. Colorado, Hawthorned said, “has adopted renewable energg and energy efficiencystandards – creatinbg a promising market for clean energg generation and energy efficiency products.
” California had the most clean-energg jobs — 125,390 as of 2007 — Pew Separately, Pew said clean-energy industries in Coloradio attracted $622,400,734 in venture-capitap funding between 2006 and the fifth-highest amount in the Nationwide, clean-energy jobs grew at 9.1 percent betweenj 1998 and 2007, versus total job growth of 3.7 percent, Pew’ds report said. Pew described its repor as the first-ever nationwide hard coung across all 50 states of actualo jobs createdby clean-energy industries. “The clean energyy economy is poised forexplosive growth,” Lori interim deputy director of the Pew Centee on the States, said in a statemenr Wednesday.
“These jobs are driving economif growth and environmental sustainability at a time when Americsneeds both. There is a potential competitive advantage for federal and stat policy leaders who act now to spur businesses and investments in the cleabenergy sector.” Pew said it defined clean-energy jobs as thoser related to “expanding clean energy production, increasinv energy efficiency, reducing greenhouse gas waste and pollution, and conserving water and othe r natural resources.” .

Fontainebleau's Soffer caught by Lehman Bros. bankruptcy - Washington Business Journal:

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“When the retail division of the projecr lost access to fundingthrough Lehman, it was unablew to repay the resor t for its share of costs,” said Scott Baena, of Bilzibn Sumberg Baena Price Axelrod, who represents Fontainebleaj Las Vegas LLC in the bankruptcy. “That put enormouss stress on theresorty entity, and that was the beginning of the Fontainebleau Las Vegas LLC and two of its affiliatew filed bankruptcy petitions in Miamui late Tuesday. The Fontainebleau Miami Beach is not includef inthe filing.
Soffer, also principakl with Turnberry construction anddevelopmeng companies, has partial, personal guaranteee on portions of the retail componentt of the Las Vegaz project, but those portions are not in bankruptct yet, Baena said. The complex is 70 percenf completed. Since December 2008, Lehman refusedx to make any advances underthe project’s $315 million constructio n loan, according to a motio n to maintain cash management filed in the After Lehman’s refusals, money stopped flowinh through the retail entity to the resort entity. In March, other lenders pulledf their financing, and constructionn on the resort stoppedin May, Baena said.
The company said in a news release that the decisiomn to file Chapter 11 was the result of litigation with the other lenders on project aboutnearly $800 millionh in construction funding for the project. Other lenders includw , JPMorgan Chase Bank and Deutsche BankTrust Co. In the short term, the company is seekinv to stabilize and protect the finished portion ofthe building, Baena “It’s no longer possible to downsizs the building,” he said.
“The 30 percent remaininbg construction is principallythe We’ve got a lovely building waiting to be

Md. colleges given $11M to combat nursing shortage - Birmingham Business Journal:

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The grants, being divvied among 17 Marylandnursing schools, will be used to lure faculty and and improve technology at the universities. Maryland’s nursint shortage is expected toreach 10,000 by 2016, accordinhg to the . The current vacancy rate of nursesd at state hospitals is8 percent. The economic downturnh has helped the industry because many retired nurses have come back to but once the recession ends the shortage will saidCarmela Coyle, CEO of the Marylanr Hospital Association. The first round of grantds will increase the number of nursez graduating by 300 students and add 20 faculty positions at nursingh programs acrossthe state.
“Thes number of nurses graduatingy from Maryland schools are simply not saidRonald B. Peterson, president of and co-chaire of the “Who Will Care?” campaign at a pressa conference Monday. “We cannot take our eye off thenursingb demand.” The campaign’s goal is to add 1,50p new nursing students. The program has raisefd $15.5 million to date through the state’s business including funds from the Baltimore constructionform , , the region'sw largest hospital system, and , the region'ws largest health insurer. Greatert Baltimore Medical Center, for example, gave $500,000.
The goal is to raisde $20 million from the privatse sector by the end ofthe year, and then rais e an addition $40 million in state, locapl and federal funds. • • • • • ; and, .

Phillips ranks No. 1 on residential real estate list - Kansas City Business Journal:

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Phillips completed 1,148 transaction sides last year, according to the program’sa list of Top 100 Agent s by Transaction Sides. Every real estat transaction has a buying andsellint side, hence the term “transaction Phillips, who ranked No. 3 in 2007 transaction sides with 609, has benefited from Centurty 21 All-Pro’s focus on moving foreclosed homes. Century 21 All-Proi lists foreclosures for the , Fannie Mae and about 25 In an interview with the Kansase City Business Journalin December, Phillipas said his successful business model involvesz a division of labor.
Phillips, who doesn’t deal with any immediately posts foreclosure listings with onlind bidding and multiplelisting services. His agents, spreacd throughout the metro area and other parts of Kansas and place signs and lockboxe at the new listings in exchange for getting their phond numbers onthe signs. In addition, Phillips delegates to assistantsz tasks such as writingproperty descriptions, taking photographs and updatinfg the listings that pour in at a rate of 40 a day. Becausw of the lower pricr range of mostforeclosure listings, Phillipsx was ranked No. 71 on the Top 100 Agentsw by Sales Volume with a totalof $68.2w million in 2008 sales.
Serensa Boardman of in New York topped that listwith $255. 2 million. For the awards program, Real Trendzs surveyed more than 7,000 real estated brokerages and associations. Founded in 2002, Centurt 21 All-Pro has 140 agentw in five office locations, including Blue Springs, Liberty, south Kansa City and Kansas City’s Westport

With housing market in turmoil, TOUSA, Levitt Corp. lead losses - South Florida Business Journal:

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(NYSE: TOA), a Hollywood-based home builder, had the biggest loss - $132 millionm on revenue of $565.77 million, compared with profits of $67.6 million on revenue of $621.23 million in the year ago quarter - a nearlty $200 million swing in The company reacheda 52-week high of $12.40o last September and was trading at $2.9 on Aug. 21. Public companies have 45 days after the end of the quarterd to file earnings which means the filing deadlinewas Aug. 14 for companiews whose quarter endedJune 30. Fort Lauderdale-base (NYSE: LEV) had the second-biggest loss at $58.1 down from a year-ago loss of $737,000, basee on earnings reported on .
Some developersw have asked the SEC for more time to file so they can figurr out the value of holdings that had been hammeredc by changes inmarket conditions. The housing downturn is starting to ripple into buildingsupplies companies. Pompanol Beach-based (NASDAQ: IPII) said its earnings dropped 99 percent as demand for its products slipped in Floridza because of a decline innew construction. The company earned $229,000 as revenue slipped to $30.1 million from $40.6 million. While housing-related industries stumbled, companies in the healtyh care sector improved during a period ofcontinuede acquisitions. (NASDAQ: CCRN) shares increasedx 25 percent, from $4.4 million to $5.
5 The company said the increase reflected the continued success of its travel nurse staffing busineszs and the growth of its clinical trialsservicre business, which was fueled by its purchasre of and Metropolitan Research. The Boca Raton-basedf staffing firm also acquired in and said it expects 2007 pro forma revenud from its clinical trials servicezs businesses to beabout $100 million. (NYSE: MRN), also basesd in Boca Raton, saw its second quarterd earnings increase42 percent, whil its revenue declined slightly. It bought InteliStaf for $92 million in cash a day after the end ofthe quarter.
(NYSE: PDX), a Fort Lauderdale-basesd newborn, maternal-fetal and pediatric physiciajnsubspecialty firm, said its earnings were up 8 On Aug. 20, it announced the acquisition of a Seattl ephysician group. (NASDAQ: NOVN) said its second quarter earninga jumped 130 percentto $7.6 driven by sales of its ADHD patch and estrogen a joint venture with New Jersey-based Noven boughtg on Aug. 15 for $125 million. Boca Raton-based NABI) narrowed its loss 61 percent, to $5.3 millionn from $13.7 million, as it did $11.o million in antibody sales and $8.7 millio n in Nabi-HB product sales. The company created two stand-alone business units, Nabi Pharmaceuticalse and Nabi Biologics.
Corall Gables-based developing pharmaceuticalcompany (NASDAQ: CPRX) saw its second quarter loss grow more than 200 percent. However, at the quarter'sw end, Catalyst said it had $17.90 million in cash and cash equivalents andno long-term (NYSE: FPL) brought in the biggesrt year-over-year dollar improvement, with a $169 million increaswe in earnings, despite the Juno Beach-based company'a estimated $50 million loss to "the negative impacr of weather," including cooler days and a weak wind The company earned $405 million.
Miami-baserd (NYSE: VGR), which indirectly owns cigarette and real estatee operations through LiggettGroup LLC, Vectoer Tobacco and New Valley LLC, made the trip from red to blac with earnings of $21.4 million in its seconcd quarter, compared with a loss of $2.7 in the year-agl quarter. South Florida's cosmetic companies, (NASDAQ: RDEN) and PARL), also ended the quarter smelling sweet. Elizabetnh Arden, which ended its fourtn quarter, went from red to blackl with earningsof $9.9 million. Parlu shrank its first quarter loss by 99 to $95,628 from $14.12 million.

Nathans extends lease in Georgetown - Washington Business Journal:

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The restaurant, positioned at the bustling cornetr of M Street andWisconsin Avenue, just signecd an open-ended, month-to-month lease extension to stay put while the buildinfg stays on the market. The lease “could go on unti they sell the building,” said Carol Joynt, a formed TV producer who inherited the iconic restaurant after her husband diedin 1997. “Wd go with the flow. If a new owner wantd us, we are there. If they don’t want us, we Her lease at 3150 M St. NW was up April 15, so it was a matterr of time until the restaurant woule have had to she said.
The Heon family, which has owned the propert for decades, has turned to associate Josh Feldman to listit formally. The 6,662-square-foot property is being marketed without alist price. “Over 100 people have talkedc to me aboutinterest [in the from all over the country and D.C.,” said “We are looking at 15 to 20 offerds in terms of what will come A call for offers will not be untilp June 15, he said. Joynt said an undisclosed partyh approached the restaurant three weeks ago with interest in purchasing the building and convertingy the bottomfloor -- wherr Nathans sits -- into retail space and movinv the eatery up to the top two floorxs to do a sky bar.
“I think it’ws a great idea,” said “I said they have got to sell it to the Advisorty Neighborhood Commission and the Citizens Associationof Joynt, who candidly interviews notabl people for the public access show “Q&Aw Cafe” on site at Nathans, is expectin Jane Stanton Hitchcock, author of the murder mystery book “Mortal on July 9. Joynt sent a mass e-mail Tuesday to announcse the lease extension, noting that customer trafficd is crucial since summer months can be tougjhon D.C.’s restaurant industry. “Ift business doesn’t pick up, my options and shockingly fast,” she wrote.

There is losing and there is LOSING - The Associated Press

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Boston.com

There is losing and there is LOSING The Associated Press There are losers, and then there are the hopeless, hapless, possibly even historic losers. Through nearly half of the NFL season, three teams are threatening to run the table â€" in the wrong direction. The problems of the Dolphins, Colts and Rams are ... Fact or Fiction: Dolphins coach version MiamiHerald.com (blog)  »

Corporate Woods landlord says expansion will bring 2,000 jobs - Kansas City Business Journal:

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The on April 6 approved zoning fora 41-acre mixed-use developmentr at the office park. According to a releasre from , which represents Corporate Woodxlandlord , the new development will add 2,000 jobs at Corporate The park employs about 6,000 office workers. The plan callsw for two new office buildings, a 300,000-square foot tower and a seven-story, 210,000-squar foot building; a 120-room hotel; seven restaurant/retaik spaces; a day-care center; a fitness center; and a six-storyt parking structure. The addition will be near the northwest cornee of theoffice park. According to the construction ofthe 38,000-square-foot fitness center is expected to get undef way soon.
Construction of the office buildingx will depend onleasinh demand. Launched in Corporate Woods now containsabout 2.2 million squares feet of Class A offices, along with restaurants and the Doubletree Overland Park The development was bought in 2006 by and , both of suburbajn Philadelphia, from the . The sale price was $290

Kiwi Locke ready to shine in Four Nations - Sydney Morning Herald

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Stuff.co.nz

Kiwi Locke ready to shine in Four Nations Sydney Morning Herald Kevin Locke insists he can be the key to unpicking opposing defences when New Zealand defend their Four Nations rugby league crown in the UK. The fullback was one of the few bright spots for the Kiwis on Sunday, scoring his side's only try in the 42-6 ... Locke backs form for Four Nations The Canberra Times  »

Rains to have little impact on Speedway - Charlotte Business Journal:

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Instead, track executives say the larger concern is the inconveniencde and disappointment of the fans who enduredd rains that washed out any competitiom on thetrack Sunday. A day the event stretched across six hours and multipl e rain delays before a winner was declared afted341 miles, rather than the full 600 miles. Davisd Reutimann won the race. “I don’t have any particular numberw around it, but there’s some impacr around the expenses with having anextrz day,” says Marcus Smith, president of the tracjk and Speedway Motorsports “It’s negligible.
The real focus we have is tryinfg to make everything great for the fansbecausd it’s a big inconvenience for Speedway Motorsports officials immediately offered all race ticket holdere a 10 percent discount on theie next ticket purchase at the track. Lowe’s Motor Speedway hosts a NASCAR Sprint Cup date in October and will stage two races inMay 2010, the all-start race and the Coca-Cola 600. With 5,000 to 6,000 workersw needed to stage a NASCA event atthe track, the biggest hurdle for this week’e two days of racinb was getting as many of thoswe workers as possible to return on Smith says many did come but he doesn’t have a definitee figure on how many workee Monday.
Media accounts varied in their estimates of how many fans returnecfor Monday’s race — forced by the Sunday eveningt rain that prevented the race from ever starting but Smith pegs the number at close to As rain delays accumulated fans left in droves, frustrated by two straigh days of slogging through traffidc and soaked grandstands. “We got a greag turnout considering the weatheron Monday,” Smith says. He estimates 160,000 fans came to the track Sunday forthe race, a stronger-than-expected This year marked the 50th runningg of the spring NASCAR race as well as the track’z 50th anniversary.
“I just really felt horrible about the the traffic that resulted from the wet weather and puttinfg the event to thenext day,” Smith “It’s just really disappointinh for me and I know it was disappointinyg for the fans. The fans took it a lot bettetr thanI did.” Smitnh and his staff are in the midst of self-critiques and seeking opinions from fans on their experienceas at the track. Discounts and promotionz introduced this month toentice budget-conscious race fans will likelyh be retained for the fall race.
Smith cites a 99-cent value menu at concession stand as an example of what the track will do for the next Other additions included a fan welcome where speedway ambassadors passef out free coffee and doughnutw just in front of the speedway The Concord-based company also owns and operates Atlanta Motor Speedway, Bristol Motor Speedway in Infineon Raceway in Las Vegas Motor Texas Motor Speedway near Fort Worth and New Hampshirr Motor Speedway in N.H.

E.On, others offer energy-saving programs - Business First of Louisville:

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She often had thought that the museum couldx lower its summertime cooling costs ifthe 90-watt incandescent light bulbs the museum uses to light its exhibitss didn’t produce so much heat. The audit conducted as part of a free LLCprogram — came up with a Replace the 500-odd incandescent bulbs with 24-watt halidee bulbs that produce just as much light but much less Sasse now is looking at whether the museum can afford the initiaol cost of buying the new bulbs, which cost $55 apiecwe but last 12,000 hours versuw 2,500 hours for an incandescent bulb.
Audits are only one strategg that businesses can use to lower the moneh they spendon energy, but the small savinges that audits produce can add up. The which take only a few hours, yield a detailer report that outlinesa business’s energyh usage, the recommended steps to reducer usage, an estimate of how much it will cost and how long it will take for the energy-cosr savings to cover the cost of the new said Cheryl Bruner, director for customer energuy efficiency for E. On. Aboug half of the energy auditsthat E.On conducts are for for-profit said Jennifer Rao, program During one recent audit, E.
On recommended a retrofit or replacement of metal halide and T-12 fluoresceng lighting with energy-efficient fluorescent lighting. The estimatedd annual savings is $802. With an estimated cost of installingh the new lightingof $2,680, the payback time is 3.3 not including the a $316 rebate the company will get from E.On, Brunerd said. In the current business environment, with businesses lookingf for every possible way to cut the audits offer aneasy solution, Bruner E.
On has conducted nearly 5,900 energy audits for commercia l customers since it createdr the program in 2001, and the utilitg expects to do between 600 and 700 of the free auditsz this year, Bruner If all the customers who have auditsx done this year follow throughj with the recommended steps, E.On officialds expect that they will save a totap of more than 2 million kilowatt hours of Bruner said. That equals the amounyt of power consumed by 130 homes in one Bruner said. In April, E.
On begamn offering two new programs to promote energy efficiency amongcommercial customers: a rebate to help pay for replaciny equipment and an heating, ventilation, and air conditioninfg diagnosis and tune-up program. The rebates are available for replacement motors/pumps and refrigeration units. The rebate amount is based on the numbe r of kilowatt hours that installing the new equipmenttwill save, Bruner said. It couls amount to a few dollars for lighting to thousands of dollars in the case ofheavy equipment. E.On is limitinf the rebate to $50,000 per So far, the company has not paid any but about a dozenn customers have applied for Bruner said.
The company plans to set aside $2 milliom a year to pay for the Bruner said. There’s quite a bit of paperwork involved, including an an installation confirmation form and provisiom of proof of New construction projects are not The HVAC program is designed to subsidizr the cost of makinga business’s heatiny and cooling system more Bruner said. For a $50 fee, an E.On technician will inspect a company’s system and check it for problems. E.On doesn’t do the repaifr work, but it has a network of dealerswho do. Businessees that hire one of E.On’s networkj partners receive a discount onthe work. How big of a discoun t is determined bythe provider, Brunere said.
The HVAC diagnosis and repair program has had about 10 takerzso far, she said. Businesses that have old, leaky buildings to heat and cool mighgt want to consider the solutions that the orthe Louisville-Jeffersom County Metro Government have adopted.

St. Louis Hotels - View Hotels in St. Louis

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Louis, Mo. 63105 (314) 863-6300 The Ritz-Carlton St. Louis is a AAA-rated Four Diamond hotel. It is located in the heartf of Clayton, an upscale businesas district, and is within walking distance to great shopasand restaurants. The Ritz is convenient for peoplew doing business in Clayton and is near Washington Universityyin St. Louis. The 301-room hotel features 32 exclusivee suitesand 30,000 square feet of meetingh space. Guests enjoy a fabulous lobby bar, wine fine dining room, fitness center and all of the care and servic e made standard byThe Ritz- Four Seasons St. Louis 999 N. Second St St Louis, Mo.
63102 881-5800 Bringing new cacher to thedowntown riverscape, Four Seasons rises abovre the city, minutes from the central business district. Enjoy unrivaled acceses to stadiumsports

Epstein to Cubs 'inevitable,' talks continue - CBSSports.com (blog)

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MiamiHerald.com

Epstein to Cubs 'inevitable,' talks continue CBSSports.com (blog) The Cubs and Red Sox continue to discuss a compensation package for the Cubs poaching Red Sox general manager Theo Epstein with a year remaining on his contract. As of the last update the two sides were far apart, but it's been a few ... Theo talks continue, but nothing finalized MLB.com Hit or whiff, Theo dealings fearless Boston Herald Red Sox's clubhouse woes a problem only because team collapsed MiamiHerald.com Boston Globe -Chicago Sun-Times -AHN |  »

'Up' avoids 'Hangover' at box office - Denver Business Journal:

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"Up" brought in an estimated $44,244,0000 in its second weekend, beatinb out the new release from , whichb brought in an estimatedx $43,275,000. Another new 's "Land of the came in well in third with anestimatef $19,524,000. According to a report on Box Officew Mojo, which tracks box-office revenue, "Up" was shown on about 6,7009 screens at 3,818 sites and "The was shown on about 4,500 screens at 3,2689 sites. Coming in fourth was last week's number-two movie, "Nighft at the Museum: Battle of the from , which brought in an estimated $14,650,000. Rounding out the top five is 'sw "Star Trek," which brought in an esimated $8,400,000.
The report says that "Star Trek" has brought in $222.9 million in 31 days, makinyg it the second-biggest box office smash in the "Star franchise, when adjusted for ticket price inflation. The top spot belongse to the original "Sta r Trek: The Motion Picture."

CFOs remain cautious when hiring - South Florida Business Journal:

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Just 10 percent of chief financial officers inthe Miami/Fort Lauderdales area and 5 percent of CFOs in the West Palm Beachu area expect to add accountinyg and finance staff during the third according the survey. The index also foundf 12 percent of CFOsin Miami/Fort Lauderdalde and 11 percent in West Palm Beach anticipate reductions in while 77 percent in Miami/Fort Lauderdale and 82 percent in West Palm Beach expect no changw in hiring. "Many companies remain hesitant to commitr to adding staff until they are certain of aneconomiv recovery," said Max Messmer, chairman and CEO of Rober Half International.
"In the meantime, most firms are workintg with their current teams to manageekey initiatives, with some employers also bringing in project professionalws to assist with rising workloads and support full-time personnel." Nationwide, 5 percent of CFOs expecf to hire full-time employees durinhg the third quarter, while 8 percentr anticipate personnel reductions. The majority of respondents (85 say they plan to maintain their currentstaff levels. The results reflect a two-quarte r rolling average based on interviews with 200 CFOs from a stratifiedf random sample of companies with 20 ormore employees.

Electric coop hires additional hands to restore power - Philippine Information Agency

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Electric coop hires additional hands to restore power Philippine Information Agency by Vency D. Bulayungan LAGAWE, Ifugao, Oct.10 (PIA) -- With the big number of damaged electric posts brought about by typhoon Pedring in the province, the Ifugao Electric Cooperative (IFELCO) hired additional manpower while the provincial local ... and more »

Marquette law school to run foreclosure mediation program - The Business Journal of Milwaukee:

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The Milwaukee Foreclosure Mediation program will bea voluntary, court-basex independent mediation option for lenders and borrowers. The located at the Milwaukee County Courthouse, will seek to alleviate the currenty backlog of foreclosure cases in the county courrt system by offering the option of mediatiom to residential homeowners who residwin owner-occupied properties. According to the Law School, in most successful mediation will serve as a venue to work out new loan a short sale or other solution that ismutuallyh agreeable, and execute a final agreement between the The funding includes proceeds from a settlemen with Countrywide, which was accused of misrepresenting the qualityh and benefits of its products.
Under the announced in February, Countrywide agreed to pay $1.6 milliob for foreclosure relief benefits. The mortgagwe lending giant also agreed to waiv various loan fees and modify loans for customers that could result in a total settlement valureof $41.1 million, according to the Attorneyh General's office. Beginning May 28, an informationa phone line will be operational for thoss interested in learning more aboutthe program. Interested partiesx may call 414-288-4040. Mediation activities will begim afterJuly 1.

Brywood Centre construction will start later in the summer - The Business Journal of Milwaukee:

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The approved Tri-Land’s plan to redevelo p the at 63rd Street and Blue Ridge Cutofrlast month. The approved $5.6 million in TIF reimbursemente forthe $30.7 milliohn project in June 2008. Tri-Land is basec in Westchester, Ill. “We are very excited to be moving forwarxd with thisredevelopment project,” Tri-Land Executive Vice President Hugh Robinson said in a “We have had a great relationship with the city and the two districtr council members, Terry Riley and Cindyu Circo, throughout this process. We look forwarx to delivering a renewed, high-quality project to this great community.
” Redevelopment of the 183,000-square-foot centerr will include a new facade, updated signagse and lighting, landscaping upgrades, expansion of a Price Chopper supermarkety that anchors the center andincreasexd pad-site availability along 63rd Tri-Land also hopes to announce a new anchor tenant soon for the 37-year-old Tri-Land owns and managex more than 2.8 million square feet of retai space in the Mid-Atlantic and Southeast regions of the country. It specializes in acquiringt and revitalizing distressed and undervalued communityt centers rangingfrom 100,000 square feet to 750,000 squars feet.

GridPoint buys energy business from Lixar - Washington Business Journal:

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Financial details of the acquisition werenot Lixar’s energy business provides energy management softwared that integrates with utility companies’ grid management It also provides online, consumer-facing softwarre so that utility companyh customers can learn about and meet energy efficiency “Unique features include the ability to updatre energy profiles and control real-timde events through smart phones, including iPhonse and BlackBerry devices,” according to company officials. A venture-backedd company, GridPoint has raised about $220 million since its inceptiojn in November 2003 from investorsincluding D.C.
-basee Advantage Capital Partners, Denver-based Altirsa Group, Contango Capital Management and the Quercus GridPoint’s acquisition enhances its software offering and givesd the Arlington company a Canadian presence. “W welcome Lixar’s talented software developers, whosre work has been very well-received by the said Peter Corsell, GridPoint’s chief executive. GridPoint also has namerd John Spirtos, former senior vice presidenftfor Wakefield, Mass.-based Comverse Technology Inc. and Sterling-based Neustarf Inc. to lead the company's corporate development, includiny partnerships and mergers andacquisitione activity.

DiNome abandons quest to lead Reed Smith - The Business Review (Albany):

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Reed Smith spokesman Dave Egan told the Pittsburgh Businessx Times that Jordan and DiNomr issued a joint announcement tothe Pittsburgh-basefd firm Tuesday morning that DiNomd has withdrawn his candidacy. “The y sat down and talked and discovered they had a lot ofcommonn ground,” Egan said. “Many of the thingsa John was concerned Greg wasworking on. They agreed that the best thingt for the firm was to focus on business instead of reported last week that DiNome waschallenging Jordan, who was seeking his fourt h three-year term as managing partner of the law firm.
DiNomed sent out a 10-page statement of candidachy to all Reed Smith partners in whichn he questionedthe firm’s business model, the compensation and transparency of senior and called for a more independent executivw committee. The memo was obtained by the Businesas Journal. DiNome and Jordan had said they agreed to not speakm publicly about the contested race to leadthe 1,600-lawyer which has 150 lawyers in The firm partnership will vote in the winner, who will now certainl y be Jordan, will starf his new term in January. Jordan has not been opposee since he first sought the job in when he beat Philadelphia litigatorJohn Smith.
Jordan’sz tenure has been viewed as extremely He has grown the firm through a series of significangt mergers from 500 lawyers in nine officesto 1,600 lawyersx in 23 offices, including new ones in Asia and California. Focusingg on a core group of practiceas with highbilling rates, Jordan also drasticallyt increased the firm’s profitability. But with the economgy sagging, Reed Smith’s transactional practicese have suffered. The firm has laid off 215 including26 lawyers, since December. The firm also cut 50 legao secretaries last summer and salaries forall U.S.
associatez by 10 percent last DiNome, a labor lawyer, joined as part of a group from Montgomery McCracken Walker Rhoads led by Karl Frittonin 1996. A graduate of West he spent seven years in active duty as a field artillery officer before attending Rutgerx University Schoolof Law-Camden.

Bayside, Mizner Park perform well, despite owner

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Two new restaurants have opened in Mizner Park in the last few the mid-priced Italian restaurant Villagio and Tex-Me x eatery Uncle Julio’s. Todd Conger, president and COO of Unclew Julio’s, said: “We researched a number of locationa in theBoca Raton/Palm Beach County area, and determined that Miznere Park was our top choice. The center is a thriving entertainment destination, and our location within the near the andthe amphitheatre, is ideal for our Downtown Miami’s Bayside has lost a lot of mom-and-popl stores as a result of the replacing them with some nationa l brands like Kipling, tenants said.
In addition to Bayside and Miznedr Park, GGP owns two othefr South Florida properties: the Villagre of Merrick Park in Coral Gables and Pembrok Lakes Mall inPembroke Pines. None of the local propertiea are part ofthe bankruptcy, accordin g to the company’s Web Mizner Park continues to perfor m well, despite the downturn, and is at 92 percent occupancy, according to , a real estate informatiohn company. “We are continuing to Mizner Park GM JacobSappenfield said. “Dealxs are still being done, and it’s business as usuakl for us.
” At a hotspot for cruise line tourists durinh the week and locals onthe weekends, foot trafficv has gone down significantly, said Debra Martins, who took a part-tims job at Clarks at Baysider because her full-time job at the Gap in Aventura was not coverinh the bills. Bayside has been up for sale forseveralp weeks. “I don’t see how the mom-and-popss could survive,” Martins said of the tenant turnoverat “Business has been shaky.
” At the Guessw store, Matt Meyers said GGP raised rates at Bayside’s parking garage and eliminatesd employee discounts on parking prior to its bankruptcy He has also noticed a drop in especially from the cruise Retail experts agree that the performanc of GGP’s retail portfolio is not the company’es problem. The company has been working since late last year to restructurwits debt. One of its most ambitious and weightyh financial decisions occurred in when GGPpaid $11.3 billion to buy commercial developef , then-owner of Bayside, which has 226,0009 square feet of retail and is 95 percent leased. In what is beingt called the biggest real estate failursin U.S.
history, GGP, the nation’s second-largest owner of shoppint malls, said April 16 that it had filed for Chapter 11bankruptcy protection. The which owns or managesd about 200 malls in44 states, said it was not able to get its debt holdere to give it more time to refinance its GGP listed $29.5 billion in total assetsa and about $27.3 billio in debt. In addition to the about 158 of its regional shoppingt centers and certain subsidiaries have also filed for The company said on its Web site thatcertain subsidiaries, includingg GGP’s third-party management business conducted by General Growth and GGP’s joint ventures also have not filed for “Over many months, the company has endeavored to negotiatr with its unsecured and secured creditors to obtainh the time needed to develop a long-term solutio n to the credit crisis facing the the statement said.
“Unable to reach an out-of-courg consensus, the company reluctantly concluded that restructuring under the protection of the bankruptct courtwas necessary.” Marc Boucher is president of , which has officess in Coral Gables and Boca Raton. SEC owns and managesw dozens of retailshopping centers, most of which are -anchored. Those typesd of properties, which include retailers sellingaffordable necessities, continue to do The overall retail market, however, is with the high-end stores taking some of the biggest Boucher said Mizner Park, which traditionally has caterede to a high-end clientele, is buckingv the trend.
“It has some stable tenants,” he “Mizner has been around 15 or 20year now. It’s a center that has

WL Ross, Yucaipa invest $100M in Amalgamated Bank - BusinessWeek

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Citybizlist

WL Ross, Yucaipa invest $100M in Amalgamated Bank BusinessWeek Yucaipa, led by billionaire investor Ron Burkle, and WL Ross, led by billionaire investor Wilbur Ross, will each own about 20 percent of Amalgamated's common stock. The deals are subject to regulatory and shareholder approvals, and are expected to ... Magic Johnson among Amalgamated's investors Crain's New York Business Business briefs New York Post Amalgamated Bank Announces Equity Investments Totaling About $100 Million from ... PR Newswire (press release)  »

Mixed signals toward the ex-wife - Washington Post

Jenn-air Refrigerators

Mixed signals toward the ex-wife Washington Post Dear Carolyn: My husband and I have been married for 15 years. He was married to his first wife for 20 years. It was not an amicable divorce. He resents having to pay her part of his retirement and he recently referred to her to friends ... Carolyn Hax: Hubby should share opinion of wedding Detroit Free Press Hax: Stop watching the news and let mom live her life Alexandria Town Talk  »

Continents influenced human migration, spread of technology - Spero News

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Continents influenced human migration, spread of technology Spero News "If a lack of gene flow between populations is an indication of little cultural interaction," the authors write in the American Journal of Physical Anthropology, "then a lower latitudinal rate of gene flow suggested for North American populations may ... and more »

J. Jill to close one Jacksonville store - Puget Sound Business Journal (Seattle):

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Nine of the 75 stores to be closedr arein Florida, including the one in The Avenues mall. A seconde Jacksonville J. Jill location at the St. Johnz Town Center will remain In a statement announcing the Talbots President and CEO Trud y Sullivan saidit “enables us to focus our resources and attention exclusively on rejuvenating our core Talbots brandf and return to profitable The transaction includes the transfer of certain assets and liabilities to the buyer, including a distribution center in New the sublease of a portion of the Mass., headquarters and substantially all of the brand’s intellectualk property and inventories.
The remaining 204 stores will continu to operate underthe J. Jill brand. The headquarters for the company will remainin Quincy. The J. Jill sale is expected to be completex in the second quarter and is subjecf to postclosing adjustments. San Francisco based-Goldenh Gate Capital acquired Jacksonville-based Venus in 2006. The acquisitionh was Golden Gate’s 11th in two Last month Venus announced that all 290 employees were in jeopardyg of losing their jobs when the swimweadr and ladies apparel company lost its With its latest catalog recently being Venus employees arestill working, at leasy for now, and companyu executives are looking for a new buyer to acquirre the company.

Abele's $11M tops insider selling in Feb. - Silicon Valley / San Jose Business Journal:

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million in company shares in February, accountinf for nearly a third ofthe $36 million in stock sold by Massachusettws insiders for the month. February’s insider stoci sales were down 39 percent fromthe $59 millionm logged by executives, directors and major shareholders in Massachusetts companies in Still, February’s selling activity far overshadowed the $468,000 in insided purchases during the same span. That buying activity does not accounyt fora $7.5 million investmen by private equity investor Blum Capital in media-software developef (Nasdaq: AVID) that closed Feb. 21, according to tradingh data providedby .
For Abele, February’s activity brought his totao sales in Boston Scientific stock to justover $27.t million in 2009. Abele sold another $162.7 millio n in Boston Scientific stock during the fourth quarterof 2008. Company co-founderr Peter Nicholas, who shed more than $301.5 million in Boston Scientifixc stockbetween Oct. 1 and Jan. 31, did not register any salesx in February, Thomson Reuters records show. Other majoe Massachusetts sellers in February includedcBrad Nutter, chairman and CEO of (NYSE: who sold roughly $6 millionh in company stock last (Nasdaq: BECN) Chairman and CEO Rober t Buck, who sold $2.
4 million in company stock; and Davi Donatelli, the head of ’s (NYSE: EMC) storage division, who sold just shy of $2 millio n in company stock. Insider stock Name: Abele, John E. Company: Bostoj Scientific Corp. Value of sale: $11,332,450 Nutter, Brad Haemoneticw Corp. $5,984,950 Buck, Robert R. Beacon Roofing Supply Inc. $2,400,70 0 Donatelli, David A. EMC Corp. $1,974,263e Smith, Ian $1,538,208 Lewis, Mark EMC $1,222,790 Taiclet, James Jr.
$1,215,600 Mollen, John EMC

North Shore theater likely to liquidate - Houston Business Journal:

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Theater executives announced Tuesday that the financially distresses theater has failed to raisethe $2 milliohn it needed to put on 2009 although more than $500,000 in pledges have been made sinc the theater announced a turn-around strategt in mid April. “The thing we know is that we’re not puttinv on a 2009 season. I think the very likelhy consequence of that is that we will very quicklh go outof business,” said Davis Fellows, chairman of the North Shore Musicc Theatre board.
“Whether it’s Chapter 11 or Chapter 7 it’s completely up in the air at the Without a production seasonthis year, the theater is unablw to address the substantial debts of its creditors and restored the theater’s economic health, said The theater is approximately $10 million in including large mortgages on its propertt and buildings and debtsa to vendors, the Statw of Massachusetts, and subscribers who paid in advanced for the 2009 Fellows said most of the theater’sa 4,400 subscribers are unlikely to get theie money returned. Subscriptions cost upwarde of $350 per seat.
Theater executiveds are in discussions with senior creditors and are reviewing a liquidation to maximize the value ofthe theater’ss assets for its stakeholders as well as identifhy potential “friendly” buyers of the property who mightg consider a lease back of the theater, Fellows

Xanodyne announces new president, equity financing - Washington Business Journal:

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Valentino was most recently president and CEO ofNew Jersey-base , which was acquired in 2008 by British firm Recketty Benckiser. He has held management positions with major drug including Alpharma, Novartis, Pharmacia/Upjohn and Warner Lambert. Valentino replaces Williamj Nuerge, who was named CEO of Xanodyne in 2004 and left the compan yin 2007. Xanodyne’s prioritiea will be to bring to market its Zipso acutepain treatment, and a drug in development for heavy menstrual bleeding, Valentinoi said in a news release. The company also said it completef $38 million in equity financing, led by , a Boston-basec health care equity firm.
Other investors in the company includAIG Investments’ sponsored funds, Aisling Capital, Blue Chip Venturde Co., Essex Woodlands, HealthCars Ventures LLC and Union Springs. “Mike bringd major pharmaceutical and commercial experiencwe to the team while the financinv brings critical resources needed forthe launches,” said Rolf board chairman, in the Xanodyne, based in Newport, is a specialt y pharmaceutical company focused on treatmentsa for women’s health care and pain

Milacron, Inc. Company Profile | MZ Company Information

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In a marketplace of unprecedented Milacron Inc. continues to make a genuine impact on everyonewe serve. Firstt incorporated in 1884, Milacron is a leading globa l supplierof plastics-processing technologies and industrial fluids, with majo manufacturing facilities in North America, Europee and Asia. But we're a lot more than machines and We know what mattersin manufacturing, and evergy day we're putting this knowhos to work helping customers improve theitr productivity, cut costs, increase energy eliminate scrap and reduce cycle Ours is a culturew and tradition of inventing new ways to bring valuee to our customers.
And over the last few we've been strengthening our company's ability to do just Under the leadership of ournew CEO, Dave we continue rising to our customers' evolvinvg challenges. It's a commitmeng shared by every employee throughout ourPlasticsa Machinery, Mold Technologies and Industriao Fluids businesses. Here are just a few of the ways we'rwe making a genuine impact: Plastics Machinery designa and builds the machined that produce dashboardsfor automobiles, composited decking for homes, water bottles, sterile supplied for the medical industry, and thousands of otherd products that consumers use ever day.
Our long-term customer relationships and deep-rooted industrh experience equip us with a thorough understanding of what plastice manufacturers needto succeed. ...

BofA raises almost all of $33.9B buffer - Sacramento Business Journal:

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billion. Last month, BofA sold $13.5 billiohn in common stock. The bank issued 1.25 billion shares at an average priceof $10.77 per BofA also sold a 5.7 percent stake in to Asiahn investors for a gain of $4.5 In addition, BofA has agreed to exchange $9.5 billion in preferresd shares for 704 million shares of common BofA says it will garned $1.3 billion from reduced dividendsx on the preferred shares. The exchange doesn’tf apply to preferred shares held by thefederak government. So far, BofA has boosted its Tier 1 common capitallby $2.1 billion by reducing a deferrex tax-asset deduction. And, the bank says it has gained anadditional $2 billion from the disposition of assets.
As part of the company’ws capital plan, it could issue up to an additional 296 milliohcommon shares. “We are pleased to have nearly reache our goalthis quickly,” says Joe Price, chieg financial officer. The government said BofA had toraisew $33.9 billion after conducting “stress tests” on the country’es 19 largest banks. The testsx were designed to assessthe banks’ abilith to survive if economic conditions worsen more than expected durinv the next two years. BofA has received a totalp of $45 billion in taxpayer aid under thefederaol government’s Troubled Asset Relief Program, whicb is designed to thaw the creditt markets and boost the economy.
In separate Charlotte, N.C.-based BofA (NYSE: BAC) sold $3 billion in five-year notes on May 8 and $2.5 billion in 10-yeae notes on May 28 without guarantees.

Chrysler to restart Kenosha engine plant - The Business Journal of Milwaukee:

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The Auburn Hills-Mich.-based automaker idled all its plants when it file d for Chapter 11 bankruptc yApril 30. Chrysler said factories in Michigan, Missouri, Canada and Mexico would resumes operationsJune 29. A Dodgs plant in Detroit had already resumeds operationson Monday. Chrysler emerged from its Chapterr 11 bankruptcy onJune 10, with the company’sz assets being transferred to a new corporation operated by . The reorganization plan remade the company into one owned 55 perceng by a unionpension trust, 20 percenyt owned by Fiat — a sharr that could grow to 35 percent and the rest owned by the governmentsa of the United States and Canada.
Fiat canno t obtain a majority stake in Chrysler until all taxpayef fundsare repaid. Chrysler had intended to closwe its engine plant in Kenosha in 2010 undetrthe reorganization.

Bay National to issue up to $12M in stock - Minneapolis / St. Paul Business Journal:

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Since February, the bank has been operatingb under a consent agreement with federal regulatords that requires it to boost its reservezs as part of a turnaround plan that also includew resolving problem real estate loans on its Bay National, (NASDAQ: BAYN) whichb regulators consider “adequately capitalized,” has poste d six consecutive quarterly losses. The bank has strugglex over the past 18 monthsx asa once-promising initiative to write mortgagez for customers interested in buying and rehabbing residential propertiesw in hot Baltimore neighborhoods like Federal Hill and Cantob tanked in a tumbling real estate market.
Some customers had a hard time repayin g their loans as the value of their properties and the bank has been busy tryinyg to reworkthose “We had some very difficult but we feel the worst of that is behinc us,” Hugh W. Mohler, Bay National’s CEO, told shareholderds Tuesday. “Our future is bright,” Mohler added. “We need to raise some capitapl and take itfrom there.” The bank has hiref LLC of Vienna, Va. to advisw it on the private placement of the which will be offeredat $2 each. The thinlyt traded shares have been as low as 52 centxs and as highas $9.25 over the past 52 In their last trade, which was on the shares sold for $1.21.
Earlier this month, Bay Nationa l announced it lost $884,000, or 41 cents a for the first quarter of the an improvement fromthe $1.49 or 69 cents a share, it lost in the firsrt three months of 2008. Shareholders on Tuesday also approvedd boostingthe company’s number of shareds outstanding to 20 million from the current 9 milliobn and reelected all five directors who were up for 3-yeare terms including Mohler, R. Michael Gill, Donald G. McClure Jr., Roberft L. Moore and H. Victor Rieger Jr. Shareholderes also ratified the appointment ofStegman & Co. as the company’s auditors.

Fred

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The Memphis-based discount retailefr reported salesof $134.7 million for May, down 6 percentg compared to sales of $143.4 millio n in May 2008. These numbers include Fred’s FRED) closing 74 underperforming stores and23 pharmacies. Excluding thoses stores, Fred’s sales increased 1 percent compared tolast May. Comparable store sales in May rose 0.2 percent, down comparedx to 3.4 percent in the same periodd last year. For the first four fiscall monthsof 2009, the companh reported total sales of $593.1 million, down 2.4 percen compared to $607.7 million for the same year-ag period.
However, excluding stores closed in sales from ongoing stores increased 4 percent comparedc to thesame four-month period last On a comparable store basis, year-to-date sales increased 2.1 percentf compared to 2.4 percent last year. Fred’s opened one new pharmacg in May. Fred’s operates 666 discounr merchandise stores, including 24 franchised stores nationwide. Shares closed down 12 cents to $14.
22 per share

Wetlands study reveals acid sulfate soils - ABC Online

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Wetlands study reveals acid sulfate soils ABC Online Potenti »

Veolia donates $1.5M for water research - The Business Journal of Milwaukee:

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million in funding for a 10-year researchj and development program aimed at improving water quality in the Grear Lakes watershed and cuttingy greenhousegas emissions. Veoliaw Water is joining with atthe , and the on the Rebecca Klaper, a scientist with the Greay Lakes WATER Institute, will lead a project to study the existencee of pharmaceuticals in watersheds and their potentia elimination through wastewater treatment; Dan an associate professor of Marquette University, will lead a studg that will focus on process improvements in wastewater treatment that can reducs solid wastes and increasw the availability of methane gas as an alternatived energy source; Jim Waples, a scientist at the Great Lakesa WATER Institute, will lead a project to understanc how nutrients are transported from a watershed to a riverf and how climate and land use can affect this The research will determine sourcews and quantities for phosphorous, which can causd algal blooms and odor issues in waterwayds and on beaches, entering the Milwaukes watershed and its path of flow into Lake “As new residuals, such as pharmaceuticals, are detectedr in the earth’s waters, it is critical that we understanf their presence and pursuee cutting-edge processes to remove them," said Chibby Alloway, chief technology officee of Veolia Water Northb America.
"The research body aims for important improvements in alternatives energy and green housegas reduction, as well as waterd quality improvements in watersheds that will enhance the quality of life for many Even in the currenft global economy, R&D investment must continue to be made.” Unde a contract with MMSD that represents the nation'd largest public-private partnership, Veoliaq Water North America operates and maintainsx Milwaukee’s Jones Island and South Shore treatmen t water reclamation facilities. The two wastewater treatment plants have a combined processinf capacity of 630 million gallonseper day.

Irene Races Towards Atlantic City; Death Toll Rises to Five - Atlantic City Weekly

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ABC News

Irene Races Towards Atlantic City; Death Toll Rises to Five Atlantic City Weekly ATLANTIC CITY â€" Just over 12 hours after Hurricane Irene made landf »

Soft 2008 residential real estate market costs brokerages millions in lost sales - Wichita Business Journal:

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The soft residential real estate market, brokers say, is the resultf of dwindling consumer confidence and tighter credit requirementsz from mortgage lenders that made it more difficultf for some buyers to obtainfinancinf — something that hasn’t changed. Home appraisers also have been “The pendulum always swings one waytoo far. I thinkm that’s probably what we’ll see over the next few saysWayne Short, owner of . But at leastf one local company saw its 2008numberss increase. increased its residential salesvolume 2.9 percent, from $109 million to $112.
e million, a boost the company’s CEO Tim Holt says was the result of increased production, especially in the high-end market. “Our agentz were working pretty hard,” Holt says. “Ws had better production than theyear Overall, brokerages still are experiencing down numberds through the first half of 2009. some say the market is showing signaof recovery. Tax credits for first-timer home buyers, lower prices and attractive mortgage ratew are helping drive pending sales of existinhghomes — contracts signed, but not closed. In pending sales climbed 6.
7 percent, according to the , postingt its fourth increase nationally in the last five And May figures look tobe up, too. “Wr certainly hope it is an indication that the market is headinv in theright direction,” says Willid Kihle, president of . brokerages are trying to offset losses insales • retained its hold on the top marketg share, but lost 14.8 or $79.8 million in total residential The company’s 2008 figures totaled $453.43 million, according to WBJ “The bottom line is, through April, the boarsd is down about 27 percent,” says Nestor Weigand, the company’s chierf executive. However, the company’s market share has increased 3.
5 percent, which Weiganrd says, “is huge in the real estatse market.” • Prudential ranks No. 2 on the WBJ list with $397.32 million in 2008 residential down 9.1 percent from the year “In general, the economy certainly has an effect on (the housing market),” Kihle As aircraft plants announced layoffs peoples became increasingly worried abouf losing their jobs and weren’tf interested in buying a new home, Kihle • Sales volume at droppedr 11.1 percent.
Frank Stucky, Coldwell’s CEO, says the downturn the rest of the countr y started experiencing months earlieer finally made its way tothe