US university professor to head Holocaust-era archive in Germany Washington Post BERLIN â€" A US university professor has been appointed director of the International Tracing Service's Holocaust-era archive in the German town of Bad Arolsen. The ITS said Wednesday its 11-member international commission had voted to name Rebecca ... US professor appointed head of Holocaust archive |
Wednesday, May 30, 2012
US university professor to head Holocaust-era archive in Germany - Washington Post
hustbelogehy1857.blogspot.com
Tuesday, May 29, 2012
Celtics fans should stop crying about refs - Boston Globe
milicinodijoo1981.blogspot.com
USA TODAY | Celtics fans should stop crying about refs Boston Globe Steering clear of the men with the whistles, Rivers said, “[The Heat] had way too many layups. We've got to do a better job protecting the paint. They crushed us in 50/50 b » |
Sunday, May 27, 2012
Danac gets good news from Montgomery County Planning Board - South Florida Business Journal:
guronelogoh.blogspot.com
The Bethesda-based developer's 26-acre officer park in the Shadhy Grove Life Sciences Center is currently approvedfor 669,53i square feet of density and the campus currentlyu contains half of that, or 350,000 square feet. At a May 28 work the Montgomery County Planning Board decided to recommendf in its draft Gaithersburg West Master Plan that the propert be developed with up to twic e asmuch density, or contain up to 1.34 million squarr feet of office, retail and residential The southwest corner of the land currently includes a 272,000-square-foot, three-building complex that houses software and pharmaceuticapl tenants.
The north side of the property contains the Metropolitajn RegionalInformational Services' 72,000-square-foot headquarters. Last week, the boarfd also recommended that Danac's Corridor Citiew Transitway stop be locatede at or near itsnortheastern corner, near the intersectio n of Diamondback Drive and Decoverly Drive. That is good news for since the board had left out the stop inearlierf drafts. The transit stop near the corne r may be developed whether the statr retains the current road alignment or adoptsthe county' locally preferred alternative.
The boardr also picked that location because the northeasternj corner is considered to be convenient for pedestrians from the Decoverlhyresidential communities. "We have a long way to go, but we are encourageds by theplanning board's recommendations," said Timothy Dugan, a Danac Several more work sessions are scheduled over the next two and in July the planning board will send its draft master plan to the county executive who will have 60 days to revieqw and comment before it is sent to the countt council for deliberations.
The Bethesda-based developer's 26-acre officer park in the Shadhy Grove Life Sciences Center is currently approvedfor 669,53i square feet of density and the campus currentlyu contains half of that, or 350,000 square feet. At a May 28 work the Montgomery County Planning Board decided to recommendf in its draft Gaithersburg West Master Plan that the propert be developed with up to twic e asmuch density, or contain up to 1.34 million squarr feet of office, retail and residential The southwest corner of the land currently includes a 272,000-square-foot, three-building complex that houses software and pharmaceuticapl tenants.
The north side of the property contains the Metropolitajn RegionalInformational Services' 72,000-square-foot headquarters. Last week, the boarfd also recommended that Danac's Corridor Citiew Transitway stop be locatede at or near itsnortheastern corner, near the intersectio n of Diamondback Drive and Decoverly Drive. That is good news for since the board had left out the stop inearlierf drafts. The transit stop near the corne r may be developed whether the statr retains the current road alignment or adoptsthe county' locally preferred alternative.
The boardr also picked that location because the northeasternj corner is considered to be convenient for pedestrians from the Decoverlhyresidential communities. "We have a long way to go, but we are encourageds by theplanning board's recommendations," said Timothy Dugan, a Danac Several more work sessions are scheduled over the next two and in July the planning board will send its draft master plan to the county executive who will have 60 days to revieqw and comment before it is sent to the countt council for deliberations.
Friday, May 25, 2012
Nonprofits brace for budget emergency aftershocks, IOUs - Memphis Business Journal:
axilecyqih.wordpress.com
While service providers don’t yet know whether they’l receive IOUs — or what the amounta will be — Sparky Harlan, CEO of the in Santa is prepared forthe worst. “We receive about $400,000 in statde funding,” Harlan said. “We’re already accustomes to getting money from the stat elate — last year, for example, it took untio December before we finally got paid.” For this year and last year the centedr has relied on a $150,000 line of credigt through to cover the gap, along with $500,00p0 out of its reserve The center’s operating budget is $10 million for fiscal 2009-10.
The money that may be on hold from the state covers, in part, the center’s shelter and drop-in street outreach, and parenting “The problem right now is that we don’tf know for certain how much they’re going to hold back,” said Harlan, who has been with the centerd for 26 years. “But this is by far the wors t I’ve ever seen.” In anticipation of the state’a budget problems, 10 percentt cuts have already been plannedfor foster-care Locally there are 300 to 400 kids in fostet care.
Foster care rates are the same acrosethe state, so familiess in high-cost areas such as the Bay Area get the same amounrt of compensation as people in more affordables places. “We’re fronting half a milliohn dollars already,” she said. It’s a layered problej for the center, since in addition to stat money some comes from the federa l Housing and Urban Development And Harlan said HUD is so slow it can take up to six months for payments tobe received. “We’re hopingy to get paid by July,” she “Nonprofits are just getting slammed.
” Harlan said the Bill Wilsoj Center has closed down two programs already and cut abour 15 percent ofits staff, leaving abouty 110 employees. These are real layoffs, she pointedc out — not attrition or open jobs and “heartbreaking” to do. “We had to give one staff persobn a layoff notice and a week later his wife was laid off fromanothetr nonprofit,” she said. in Campbell gets aboutr $500,000 a year from the state for its AIDS CFO Ira Holtzman said the agency is large enough and financially stable enough that he woulc just book an IOU as accounts receivabl and hope the money came through TheHealth Trust’s budget for fiscalo year 2010 is more than $16 Holtzman said.
Pam executive director of andVisuallg Impaired, which has offices in Palo Alto and Santa Cruz, said that even thoug her agency provides the kind of servicews that are especially at risk in State Controllerd John Chiang’s plan, the Vistaw Center is relatively safe. “We receive moneh through Title 7 Chapter2 services,” Brandi n explained. “Since much of our funding is federaklmoney we’re hoping that it has to be released and passexd on; the state won’t be allowed to hold on to The Vista Center also has schooo contracts through special education “Last year when the state had similae budget issues we didn’t receive any IOUs,” she “but that situation was resolved sooner than this appearsw to be.
The agencies that receive IOUsprobablh won’t even know they’re coming untik they submit their She’s also banking on Vista Center’s status as a preferred vendoe with the state, “so we’ll be paid in advancwe of other vendors — if in fact the state is even writingf checks.” Lisa Hendrickson, president & CEO of Avenidas Rose Kleiner Senio Day Health Center in Palo Alto, is also cautiouslgy optimistic. “The only funds we receive from the state are MediCal payments for services provided at our adult daycare she said. “Our understanding is that thosee services are protected by the state constitution as well asfederal law.
We do receivse funding indirectly throughthe county, but we don’t expectf that to be affected.” Tom Kinoshita, public policy directod of the , said people are on pins and “Everyone’s sitting around waiting, not knowing what’se going to happen. But even with the most optimisticvoutcome it’s still going to be very ugly.” He pointed out that the deficir last year for Santa Clarza County was more than $270 million, and many of the cuts were made in programd around health, mental health, drugss and alcohol and socialp services. And there’s no relief on the For 2011 the county is lookintg at a deficit ofaboutf $250 million, he said.
While service providers don’t yet know whether they’l receive IOUs — or what the amounta will be — Sparky Harlan, CEO of the in Santa is prepared forthe worst. “We receive about $400,000 in statde funding,” Harlan said. “We’re already accustomes to getting money from the stat elate — last year, for example, it took untio December before we finally got paid.” For this year and last year the centedr has relied on a $150,000 line of credigt through to cover the gap, along with $500,00p0 out of its reserve The center’s operating budget is $10 million for fiscal 2009-10.
The money that may be on hold from the state covers, in part, the center’s shelter and drop-in street outreach, and parenting “The problem right now is that we don’tf know for certain how much they’re going to hold back,” said Harlan, who has been with the centerd for 26 years. “But this is by far the wors t I’ve ever seen.” In anticipation of the state’a budget problems, 10 percentt cuts have already been plannedfor foster-care Locally there are 300 to 400 kids in fostet care.
Foster care rates are the same acrosethe state, so familiess in high-cost areas such as the Bay Area get the same amounrt of compensation as people in more affordables places. “We’re fronting half a milliohn dollars already,” she said. It’s a layered problej for the center, since in addition to stat money some comes from the federa l Housing and Urban Development And Harlan said HUD is so slow it can take up to six months for payments tobe received. “We’re hopingy to get paid by July,” she “Nonprofits are just getting slammed.
” Harlan said the Bill Wilsoj Center has closed down two programs already and cut abour 15 percent ofits staff, leaving abouty 110 employees. These are real layoffs, she pointedc out — not attrition or open jobs and “heartbreaking” to do. “We had to give one staff persobn a layoff notice and a week later his wife was laid off fromanothetr nonprofit,” she said. in Campbell gets aboutr $500,000 a year from the state for its AIDS CFO Ira Holtzman said the agency is large enough and financially stable enough that he woulc just book an IOU as accounts receivabl and hope the money came through TheHealth Trust’s budget for fiscalo year 2010 is more than $16 Holtzman said.
Pam executive director of andVisuallg Impaired, which has offices in Palo Alto and Santa Cruz, said that even thoug her agency provides the kind of servicews that are especially at risk in State Controllerd John Chiang’s plan, the Vistaw Center is relatively safe. “We receive moneh through Title 7 Chapter2 services,” Brandi n explained. “Since much of our funding is federaklmoney we’re hoping that it has to be released and passexd on; the state won’t be allowed to hold on to The Vista Center also has schooo contracts through special education “Last year when the state had similae budget issues we didn’t receive any IOUs,” she “but that situation was resolved sooner than this appearsw to be.
The agencies that receive IOUsprobablh won’t even know they’re coming untik they submit their She’s also banking on Vista Center’s status as a preferred vendoe with the state, “so we’ll be paid in advancwe of other vendors — if in fact the state is even writingf checks.” Lisa Hendrickson, president & CEO of Avenidas Rose Kleiner Senio Day Health Center in Palo Alto, is also cautiouslgy optimistic. “The only funds we receive from the state are MediCal payments for services provided at our adult daycare she said. “Our understanding is that thosee services are protected by the state constitution as well asfederal law.
We do receivse funding indirectly throughthe county, but we don’t expectf that to be affected.” Tom Kinoshita, public policy directod of the , said people are on pins and “Everyone’s sitting around waiting, not knowing what’se going to happen. But even with the most optimisticvoutcome it’s still going to be very ugly.” He pointed out that the deficir last year for Santa Clarza County was more than $270 million, and many of the cuts were made in programd around health, mental health, drugss and alcohol and socialp services. And there’s no relief on the For 2011 the county is lookintg at a deficit ofaboutf $250 million, he said.
Thursday, May 24, 2012
PostOpinions E-Newsletters - Washington Post (blog)
iwyqaxewun.wordpress.com
PostOpinions E-Newsletters Washington Post (blog) Sign-up for e-mail newsletters and alerts and get the news you need delivered directly to your inbox. By Alexandra Petri Even Abraham Lincoln is being enlisted in the hunt for vampires. (Stephen Vaughan, 20th Century Fox) This has not been a good week ... |
Tuesday, May 22, 2012
Ohio's morel mushroom season is essentially over and for many it was a bust. - Bucyrus Telegraph Forum
obofym.wordpress.com
Ohio's morel mushroom season is essentially over and for many it was a bust. Bucyrus Telegraph Forum Ohio's morel mushroom season is essentially over and for many it was a bust. Over the past weeks I've had both phone calls and emails asking "Where are the morels?" I'm certain that some hunters found a few, maybe a few found a lot, but morels hunters ... |
Monday, May 21, 2012
'The Proposal' wins at weekend box office - Pittsburgh Business Times:
yvejodo.wordpress.com
The movie starring Sandra Bullocmk and Ryan Reynolds brought in anestimated $34,114,00p in its opening weekend. It knockedf off the reigning champion, ' "The Hangover," which brought in an estimated $26,855,00 during the weekend. "Thee Proposal" was shown on about 4,100 screenss at 3,056 sites, according to a report on the Disney/ 's "Up" continued its strong showing, comingg in third over the weekend with anestimated $21,336,000. The animatex film is currently in second placebehin Paramount's "Star Trek," for second-larges movie of the summer.
Another new ' "Year One," brought in an estimated $20,200,000 in its firsrt weekend, placing it fourth on the list. Another Sony Pictureds release, "The Taking of Pelham 1 2 3" roundede out the top bringing in anestimated $11,300,000.
The movie starring Sandra Bullocmk and Ryan Reynolds brought in anestimated $34,114,00p in its opening weekend. It knockedf off the reigning champion, ' "The Hangover," which brought in an estimated $26,855,00 during the weekend. "Thee Proposal" was shown on about 4,100 screenss at 3,056 sites, according to a report on the Disney/ 's "Up" continued its strong showing, comingg in third over the weekend with anestimated $21,336,000. The animatex film is currently in second placebehin Paramount's "Star Trek," for second-larges movie of the summer.
Another new ' "Year One," brought in an estimated $20,200,000 in its firsrt weekend, placing it fourth on the list. Another Sony Pictureds release, "The Taking of Pelham 1 2 3" roundede out the top bringing in anestimated $11,300,000.
Saturday, May 19, 2012
Kannapolis honored for economic strategy - Memphis Business Journal:
sucujovide.wordpress.com
The city received the award in the categor y of Excellence in EconomicxDiversification Strategies, which recognizes responses to plant closureas and other economic dislocations, that promote economic diversification. The competitionh is open to nonprofits; local, state and regionak governments; and universities and Cabarrus and Rowan countiesslost 4,300 manufacturing jobs when textile manufacturer Kannapolis-basedPillowtezx Corp. closed in July 2003. Two yearzs later, California billionaire David Murdoc announced plans forthe N.C.
Research Campus at the 350-acrw former Pillowtex headquarters and manufacturing The life-sciences hub includes the participatio of Duke University, the UNC System, the N.C. Community Collegde System, other educational institutionws andbusiness partners. The total investment is expecteed toreach $1.8 billion. Residentialk and commercial developments are rising around the campua with hopes ofturning Kannapolis, a former textilew town, into a biotech center.
The city received the award in the categor y of Excellence in EconomicxDiversification Strategies, which recognizes responses to plant closureas and other economic dislocations, that promote economic diversification. The competitionh is open to nonprofits; local, state and regionak governments; and universities and Cabarrus and Rowan countiesslost 4,300 manufacturing jobs when textile manufacturer Kannapolis-basedPillowtezx Corp. closed in July 2003. Two yearzs later, California billionaire David Murdoc announced plans forthe N.C.
Research Campus at the 350-acrw former Pillowtex headquarters and manufacturing The life-sciences hub includes the participatio of Duke University, the UNC System, the N.C. Community Collegde System, other educational institutionws andbusiness partners. The total investment is expecteed toreach $1.8 billion. Residentialk and commercial developments are rising around the campua with hopes ofturning Kannapolis, a former textilew town, into a biotech center.
Friday, May 18, 2012
Schwarzenegger says day of reckoning is here - Birmingham Business Journal:
youngmanmeledero1636.blogspot.com
“California’s day of reckoning is he said. With no action, the state could run out of cash in 14 Three months after the state budgetwas approved, Californi a faces a $24 billion Schwarzenegger has already proposexd massive cuts to education, health care and prisons. Now he’s lookintg for structural reform to make government more efficienrt and stretchtaxpayer He’s asked the State Board of Education, for example, to make textbookas available in digital formats a move that could save In 2004, the governor talked about blowing up boxes and consolidatingb agencies, but the initiatives never gained traction. They’res back.
Schwarzenegger is proposing once again to eliminate and consolidate more than a dozennstate departments, boards and commissions. This includes the Wastd Management Board, the Court Reporters Board, the Departmengt of Boating and Waterways and the Inspection and MaintenancreReview Committee. Earlier this year, the stats began consolidating informationtechnologuy departments. Now Schwarzenegger wants to consolidatse departments that oversee financial institutions and merge taxcollectiojn operations.
In July, state leaders will received recommendations on how to modernize thetax “This will be a tremendous opportunity to make our revenuese more reliable and less volatilw and help the state avoid the boom and bust budgets that have broughtf us here today,” Schwarzenegger told lawmakers. It’sa not going to happeh in 14 days, he But it could happen before the Legislaturse adjourns for summer recess onJuly 17.
“California’s day of reckoning is he said. With no action, the state could run out of cash in 14 Three months after the state budgetwas approved, Californi a faces a $24 billion Schwarzenegger has already proposexd massive cuts to education, health care and prisons. Now he’s lookintg for structural reform to make government more efficienrt and stretchtaxpayer He’s asked the State Board of Education, for example, to make textbookas available in digital formats a move that could save In 2004, the governor talked about blowing up boxes and consolidatingb agencies, but the initiatives never gained traction. They’res back.
Schwarzenegger is proposing once again to eliminate and consolidate more than a dozennstate departments, boards and commissions. This includes the Wastd Management Board, the Court Reporters Board, the Departmengt of Boating and Waterways and the Inspection and MaintenancreReview Committee. Earlier this year, the stats began consolidating informationtechnologuy departments. Now Schwarzenegger wants to consolidatse departments that oversee financial institutions and merge taxcollectiojn operations.
In July, state leaders will received recommendations on how to modernize thetax “This will be a tremendous opportunity to make our revenuese more reliable and less volatilw and help the state avoid the boom and bust budgets that have broughtf us here today,” Schwarzenegger told lawmakers. It’sa not going to happeh in 14 days, he But it could happen before the Legislaturse adjourns for summer recess onJuly 17.
Wednesday, May 16, 2012
Dublin, Columbus schools get grants for diesel-cutting - Business Courier of Cincinnati:
gault-rickettsias.blogspot.com
million is headed to Dublin and under a seconx round of state grants aimed at cutting dieseengine emissions. The on Mondayh announced recipients of the second and final round of Diesel EmissionsReduction grants, a $19.8 millioh program created in 2008. The first round sent nearlyh $7.3 million to 10 including the , operator of the region’s bus system. In the winnerw disclosed Monday, Dublin was cleared for $464,6598 while the Columbus school system receiveda $918,0290 grant.
Officials from Dublin and the schoo district told thestater they’re using the money to replace vehicles with lower-emission Dublin plans to replace eight 1999 - or 2000-model short-haul dieselo trucks, while the school district is using its granty to replace 15 buses produced in 1990. Projects that receive d awards are required to put up at leastt 20 percent of the cost inmatchinvg funds. The grant program looks specificallgy at public and private diesep equipment owners in Ohio counties that fall shorrt of airquality standards. The largest grant among the 16 went to the and to refigt four locomotives withnew engines. That Cincinnati-arew project was awarded $4.6 million.
million is headed to Dublin and under a seconx round of state grants aimed at cutting dieseengine emissions. The on Mondayh announced recipients of the second and final round of Diesel EmissionsReduction grants, a $19.8 millioh program created in 2008. The first round sent nearlyh $7.3 million to 10 including the , operator of the region’s bus system. In the winnerw disclosed Monday, Dublin was cleared for $464,6598 while the Columbus school system receiveda $918,0290 grant.
Officials from Dublin and the schoo district told thestater they’re using the money to replace vehicles with lower-emission Dublin plans to replace eight 1999 - or 2000-model short-haul dieselo trucks, while the school district is using its granty to replace 15 buses produced in 1990. Projects that receive d awards are required to put up at leastt 20 percent of the cost inmatchinvg funds. The grant program looks specificallgy at public and private diesep equipment owners in Ohio counties that fall shorrt of airquality standards. The largest grant among the 16 went to the and to refigt four locomotives withnew engines. That Cincinnati-arew project was awarded $4.6 million.
Tuesday, May 15, 2012
Alzheimer's Prevention Research to Target Group With Rare Form - ABC News (blog)
avaohev.blogspot.com
Alzheimer's Prevention Research to Target Group With Rare Form ABC News (blog) A team of researchers will soon try out an experimental drug that could prevent Alzheimer's disease in a group of people who have a genetic mutation that makes it likely they will develop the debilitating disease. Scientists will begin a clinical trial ... |
Sunday, May 13, 2012
Statement in Response to Governor Schwarzenegger Issuing Executive Order to Direct Financial Aid to Central Valley
tenamup.wordpress.com
To blame the Central Valley's unemployment problems on court decision that reinforces regulations designed to protecr fisheries on the brink of extinction is to misdiagnoswthe problem. In reality, unemploymentt in the Central Valley has historically been high evenin non-droughtr years and is currentlyh exacerbated by the worldwide recessiohn and precipitous decline in housing construction. No doub t the drought plays a but its role has been greatly Even if the pump s that divert water from the Deltas to the Central Valley and Southern California were run at full and drove certain speciesinto extinction, the Valley'sd problems would not be solved.
Efforts to dismantle the recentlgy released Biological Opinion and court decisions for salmonh and Delta Smelt will only prolong and fuelthe decades-longf conflicts that have plagued water management in California and derai l the promising planning efforts underway to develoo a comprehensive water supplyt and ecosystem plan that can assure a reliable wateer supply and healthy ecosystems for future generationd of Californians. We are encouraged by the lates t reports our of Departmengt of Water Resources and Central Valleyh Project showing that water supply in most parts of the valley will be in excese of 80 percent ofaverage levels.
Central Valley Project deliveries to the WestlandsWater District, for were forecast to be zero as recentlgy as March. The districrt now expects to use 86 percentg of average annual suppliesthis year. Environmental Defensde Fund, a leading national nonprofit represents morethan 500,000 members nationwide and 100,00p in California. Since 1967, Environmental Defense Fund haslinker science, economics, law and innovativre private-sector partnerships to creatse breakthrough solutions to the most serious environmental problems. For more visit . The Bay Institute was founded in 1981 by pioneerds of a new advocacy approacy that viewed theentire Bay-Delta ecosystem as a interdependent watershed.
They claimed that environmental reform benefiting the Bay must recognize the importance of events in the farthest reaches of the watershexd just as urgently as those alonyg theBay shoreline, and that reducedf freshwater flow was the biggesg factor in the decline of the estuary's fish and wildlife resources. For more information, visit . , EDF (415) , EDF, (510) 290-5794-c, , EDF (415) 308-6970-c, , The Bay Institut (415) 272-4501-c,
To blame the Central Valley's unemployment problems on court decision that reinforces regulations designed to protecr fisheries on the brink of extinction is to misdiagnoswthe problem. In reality, unemploymentt in the Central Valley has historically been high evenin non-droughtr years and is currentlyh exacerbated by the worldwide recessiohn and precipitous decline in housing construction. No doub t the drought plays a but its role has been greatly Even if the pump s that divert water from the Deltas to the Central Valley and Southern California were run at full and drove certain speciesinto extinction, the Valley'sd problems would not be solved.
Efforts to dismantle the recentlgy released Biological Opinion and court decisions for salmonh and Delta Smelt will only prolong and fuelthe decades-longf conflicts that have plagued water management in California and derai l the promising planning efforts underway to develoo a comprehensive water supplyt and ecosystem plan that can assure a reliable wateer supply and healthy ecosystems for future generationd of Californians. We are encouraged by the lates t reports our of Departmengt of Water Resources and Central Valleyh Project showing that water supply in most parts of the valley will be in excese of 80 percent ofaverage levels.
Central Valley Project deliveries to the WestlandsWater District, for were forecast to be zero as recentlgy as March. The districrt now expects to use 86 percentg of average annual suppliesthis year. Environmental Defensde Fund, a leading national nonprofit represents morethan 500,000 members nationwide and 100,00p in California. Since 1967, Environmental Defense Fund haslinker science, economics, law and innovativre private-sector partnerships to creatse breakthrough solutions to the most serious environmental problems. For more visit . The Bay Institute was founded in 1981 by pioneerds of a new advocacy approacy that viewed theentire Bay-Delta ecosystem as a interdependent watershed.
They claimed that environmental reform benefiting the Bay must recognize the importance of events in the farthest reaches of the watershexd just as urgently as those alonyg theBay shoreline, and that reducedf freshwater flow was the biggesg factor in the decline of the estuary's fish and wildlife resources. For more information, visit . , EDF (415) , EDF, (510) 290-5794-c, , EDF (415) 308-6970-c, , The Bay Institut (415) 272-4501-c,
Saturday, May 12, 2012
BFC Financial, Woodbridge to merge - San Francisco Business Times:
yvejodo.wordpress.com
In a joint press release Monday, the Fort Lauderdale-based companies said they entered into a merger agreemenrt whereinWoodbridge (Pink Sheets: WDGH) woulrd become a wholly owned subsidiary of BFC (Pinko Sheets: BFCF). BFC currently controls majority votingv stakes in both Woodbridgerand (NYSE: BBX). BFC lost $58.9 millio n on revenue of $487.5 million in 2008. Woodbridge owns , whichn is building Tradition Florida inPort St. and has investments in variousd companies includingand . Woodbridgs lost $140.3 million on revenuwe of $25.5 million in 2008.
In its firsr quarter earnings report, Woodbridge warned that Core Communitie s could default on the loans for Tradition Floridsa if its lenders demand that it put more equitygcapital down. Under the mergerr deal, all shareholders of Woodbridgs Class A common stock exceptg BFC wouldreceive 3.47 shares of BFC’s Class A common stock per share. With shares of BFC openinbg at 40cents Monday, it equal s nearly $1.39 a share for each shares of Woodbridge, which opened at $1.10 Levan and Abdo are chairman and vice respectively, of both companies. The merger wouls save between $1 million and $2 millionj in professional fees and SEC reportingv costs forthe companies, Levan said.
It woulf also reduce the taxes Woodbridgee would pay on its earning once it returnsto profitability, he said. Currently, Woodbridgse pays taxes on its earnings, and then BFC pays taxed on the portionof Woodbridge’s earnings that it counts on its balancwe sheet. The move will not cause any staff reductions, Leva noted. Woodbridge will continue operate independently. The agreement would include all current board memberw of Woodbridgeon BFC’d new board and add Woodbridge Presidengt Seth Wise and BankAtlantic Bancorpo President Jarett Levan to BFC’s 12-membe board, as well. Wise wouldc also become executive vice presidentof BFC.
The deal is expectefd to close before the endof 2009. BFC sharese closed unchanged at40 cents. The 52-week high was 95 centsa on Sept. 2. The 52-week low was 6 centes on Feb. 5. Woodbridge shares closed down 2 cents to The 52-week high was $6.60 on Aug. 21. The 52-weel low was 2 cents on Oct. 24.
In a joint press release Monday, the Fort Lauderdale-based companies said they entered into a merger agreemenrt whereinWoodbridge (Pink Sheets: WDGH) woulrd become a wholly owned subsidiary of BFC (Pinko Sheets: BFCF). BFC currently controls majority votingv stakes in both Woodbridgerand (NYSE: BBX). BFC lost $58.9 millio n on revenue of $487.5 million in 2008. Woodbridge owns , whichn is building Tradition Florida inPort St. and has investments in variousd companies includingand . Woodbridgs lost $140.3 million on revenuwe of $25.5 million in 2008.
In its firsr quarter earnings report, Woodbridge warned that Core Communitie s could default on the loans for Tradition Floridsa if its lenders demand that it put more equitygcapital down. Under the mergerr deal, all shareholders of Woodbridgs Class A common stock exceptg BFC wouldreceive 3.47 shares of BFC’s Class A common stock per share. With shares of BFC openinbg at 40cents Monday, it equal s nearly $1.39 a share for each shares of Woodbridge, which opened at $1.10 Levan and Abdo are chairman and vice respectively, of both companies. The merger wouls save between $1 million and $2 millionj in professional fees and SEC reportingv costs forthe companies, Levan said.
It woulf also reduce the taxes Woodbridgee would pay on its earning once it returnsto profitability, he said. Currently, Woodbridgse pays taxes on its earnings, and then BFC pays taxed on the portionof Woodbridge’s earnings that it counts on its balancwe sheet. The move will not cause any staff reductions, Leva noted. Woodbridge will continue operate independently. The agreement would include all current board memberw of Woodbridgeon BFC’d new board and add Woodbridge Presidengt Seth Wise and BankAtlantic Bancorpo President Jarett Levan to BFC’s 12-membe board, as well. Wise wouldc also become executive vice presidentof BFC.
The deal is expectefd to close before the endof 2009. BFC sharese closed unchanged at40 cents. The 52-week high was 95 centsa on Sept. 2. The 52-week low was 6 centes on Feb. 5. Woodbridge shares closed down 2 cents to The 52-week high was $6.60 on Aug. 21. The 52-weel low was 2 cents on Oct. 24.
Thursday, May 10, 2012
Airlines improve March on-time performance - Minneapolis / St. Paul Business Journal:
efiosyt.blogspot.com
Carriers in March had a 78.4 percent on-timew arrival rate, compared with 71.6 percent in March and 82.6 percent in February 2009. The carriersd canceled 2.1 percent of their flights in comparedwith 2.6 percent a year earlier. Some 21 flightas had tarmac delays of four hours or morein March, the Departmenft of Transportation said in a news had the best on-time arrival rate at 91.5 percent, followed by at 85.1 percenyt and at 83.9 percent. The formetr was fourth after Southwest, at 82.7 percent. , whicjh Northwest is now a part of, was near the bottom of the listat 73.9 percent. had the worst on-timer arrival rate at 60.9 percent, followed by at 70.2 percentt and at 71.7 percent.
Atlantic Southeast had the highesft rate of canceled flightsat 5.3 percent, followed by at 3.7 perceng and Alaska Air at 3.3 Hawaiian Airlines had the lowesrt rate of canceled flightsx at 0.1 percent, followedx by Northwest Airlines at 0.7 percent and Southwestg Airlines at 1 percent.
Carriers in March had a 78.4 percent on-timew arrival rate, compared with 71.6 percent in March and 82.6 percent in February 2009. The carriersd canceled 2.1 percent of their flights in comparedwith 2.6 percent a year earlier. Some 21 flightas had tarmac delays of four hours or morein March, the Departmenft of Transportation said in a news had the best on-time arrival rate at 91.5 percent, followed by at 85.1 percenyt and at 83.9 percent. The formetr was fourth after Southwest, at 82.7 percent. , whicjh Northwest is now a part of, was near the bottom of the listat 73.9 percent. had the worst on-timer arrival rate at 60.9 percent, followed by at 70.2 percentt and at 71.7 percent.
Atlantic Southeast had the highesft rate of canceled flightsat 5.3 percent, followed by at 3.7 perceng and Alaska Air at 3.3 Hawaiian Airlines had the lowesrt rate of canceled flightsx at 0.1 percent, followedx by Northwest Airlines at 0.7 percent and Southwestg Airlines at 1 percent.
Tuesday, May 8, 2012
Graham 4Q profits slip - Portland Business Journal:
milicinodijoo1981.blogspot.com
Net income in the fourth quarterwas $3.6 or 35 cents per share, a decline of 14.6 perceng from $4.2 million, or 41 cents per year-over-year. The Batavia-based manufactureer (AMEX: GHM) noted a restructuring in the period through the eliminatiob ofcertain management, office and manufacturing positions. The number of jobs cut was not disclose but resulted in a chargeof $559,000, whicj included severance and related employee benefit The restructuring is expected to yieldf approximately $2.7 million in annuapl cost savings. Fourth-quarter net sales were $24. 8 million, up 9.2 percent, from $22.8 million in the prior year’s fourtgh quarter. Full-year net income in fiscal 2009was $17.
5 up 16.2 percent from $15.0 million in fiscap 2008. On a per share basis, net income in fiscao 2009 was $1.71 compared with $1.490 in fiscal 2008, a 14.8 percent For the year ended March 31, 2009 revenue was a recorde $101.1 million, 17 perceng higher than $86.4 million for the fiscalp year endedMarch 31, 2008.
Net income in the fourth quarterwas $3.6 or 35 cents per share, a decline of 14.6 perceng from $4.2 million, or 41 cents per year-over-year. The Batavia-based manufactureer (AMEX: GHM) noted a restructuring in the period through the eliminatiob ofcertain management, office and manufacturing positions. The number of jobs cut was not disclose but resulted in a chargeof $559,000, whicj included severance and related employee benefit The restructuring is expected to yieldf approximately $2.7 million in annuapl cost savings. Fourth-quarter net sales were $24. 8 million, up 9.2 percent, from $22.8 million in the prior year’s fourtgh quarter. Full-year net income in fiscal 2009was $17.
5 up 16.2 percent from $15.0 million in fiscap 2008. On a per share basis, net income in fiscao 2009 was $1.71 compared with $1.490 in fiscal 2008, a 14.8 percent For the year ended March 31, 2009 revenue was a recorde $101.1 million, 17 perceng higher than $86.4 million for the fiscalp year endedMarch 31, 2008.
Monday, May 7, 2012
Panel yet to frame new rules for govt officials' safety - Indian Express
retention-jackjacks.blogspot.com
Panel yet to frame new rules for govt officials' safety Indian Express The committee constituted by the state government last year to formulate rules to protect government officials is yet to make its recommendations. The committee was headed by former Additional Chief Secretary (Home) Umeshkumar Sarangi. |
Saturday, May 5, 2012
Weber re-energized at Kansas State - ESPN
iqukikofor.wordpress.com
ESPN | Weber re-energized at Kansas State ESPN Multiple times during the past month -- in the wee hours of the morning, when he couldn't sleep -- Bruce Weber grabbed his cellphone from the nightstand and began to text. Often he'd send four or five messages. Other times it was 10 or 20. Lowery, Brooks Thrilled To Be With Weber |
Thursday, May 3, 2012
Hilo Hattie sold to clothing manufacturer - Atlanta Business Chronicle:
jabire2389.blogspot.com
The company’s sale to may be off the tablesafter U.S. Bankruptcy Judgw Robert Faris delayed ruling onthe company’ s bid to buy Hilo Hattie for $1 The ownership transfer was announced on Monday in U.S. Bankruptcgy Court in Honolulu, where Faris also continued until June 29severa motions, including one to appoint a trustee to take over management of the company. Faris also suspendeds Hilo Hattie’s ability to borrow money under a lineof credit.
Maui Divers Jewelrt had offered last mont h to buy Hilo Hattie and its seven storesfor $1 milliob in cash, and to invest anotherd $2 million in the Maui Divers’ attorney, Cuylard Shaw, told Faris that the offetr was off the table if the judgew did not approve the sale on However, Maui Divers President and CEO Bob Taylorr said through a spokeswoman Monday afternoon that the company woulc hold its offer open until the next hearing. Hilo Hattid attorney James Wagner told the judgs thatDonald B.S.
Kang, owner of , acquiredc 100 percent of the company’s shares on Friday from , which bought Hilo Hattie from founder Jim Romig last year before filingb for Chapter 11bankruptcy protection. Kang is also on the boarf of directorsof . Hilo Hattir CEO Ted Nelson and President John Scott resigned from their positiona on Friday and Kang has assumed the post of presidentr ofHilo Hattie, Wagner told the court. Royapl Hawaiian Creations was listed as the secondxlargest creditor, owed more than $798,000, when Hilo Hattiew filed for Chapter 11 last Oct. 2. It is owed anothe $252,000 in an administrative according tocourt documents. Maui Divers was the largestf creditor, owed $1.
25 million, and Taylor was co-chairmanj of the committee of unsecured creditors untiol resigningin mid-May, prior to making the offer. Roya Hawaiian Creations also resignex fromthe committee, which supporte d the sale of Hilo Hattie to Maui Divers. Kang proposes to fund a line of creditg for Hilo Hattiewith $1 millionm in cash, and “will arrange for an infusion of $2 milliojn in working capital” into Hilo Hattiwe upon its emergence from bankruptcy, according to a documen t filed on Monday before the hearing. Kang said he pland to follow the plan of reorganization submitted by Hilo Hattise andits parent, Pomare, Ltd.
, last week, whicgh calls for paying unsecured creditors aboutf 5 cents on the dollar. Wagnerr told the judge that the reorganization plan filec on June15 “was a placeholder,” becaus e the sale to Maui Divers had not been He said he didn’t expect any change in the treatmenft of the company’s hundreds of creditors undedr Kang’s ownership. The 46-year-old company, which claimed $23.5r million in debt in the Chapter11 filing, has been losingb money “at a clip of $500,000 per month,” Ted attorney for the creditors’ committee, told the Pettit also said he was “very to learn of the stoci transfer on Friday afternoon.
He notesd that Kang’s business is in manufacturing apparel and said that Kang intended to take overHilo Hattie’ Nimitz Highway headquarters and turn it into a Kang said after the hearing that he intended for the buildintg to remain as a store and administrative offices. But the judged expressed concern that Maui Divers had not reacherd agreement withHilo Hattie’s landlords, most of whom have givenm the company substantial rent relief, for its sevehn stores. Pettit said that some landlords were hesitant to negotiats until they knew for sure whethert Maui Divers would be thenew owner.
Farix also considered the transfer of stock to Kang as a second offetr forHilo Hattie, and noted that Kang proposed to pay back rentws in full. “It seems we have a second he said. “It may be a betterf offer.” Nelson said that he had had discussions with Kang over the last severalk months and said Kanghad “continuouslgy offered to be as helpful” as he could.
The company’s sale to may be off the tablesafter U.S. Bankruptcy Judgw Robert Faris delayed ruling onthe company’ s bid to buy Hilo Hattie for $1 The ownership transfer was announced on Monday in U.S. Bankruptcgy Court in Honolulu, where Faris also continued until June 29severa motions, including one to appoint a trustee to take over management of the company. Faris also suspendeds Hilo Hattie’s ability to borrow money under a lineof credit.
Maui Divers Jewelrt had offered last mont h to buy Hilo Hattie and its seven storesfor $1 milliob in cash, and to invest anotherd $2 million in the Maui Divers’ attorney, Cuylard Shaw, told Faris that the offetr was off the table if the judgew did not approve the sale on However, Maui Divers President and CEO Bob Taylorr said through a spokeswoman Monday afternoon that the company woulc hold its offer open until the next hearing. Hilo Hattid attorney James Wagner told the judgs thatDonald B.S.
Kang, owner of , acquiredc 100 percent of the company’s shares on Friday from , which bought Hilo Hattie from founder Jim Romig last year before filingb for Chapter 11bankruptcy protection. Kang is also on the boarf of directorsof . Hilo Hattir CEO Ted Nelson and President John Scott resigned from their positiona on Friday and Kang has assumed the post of presidentr ofHilo Hattie, Wagner told the court. Royapl Hawaiian Creations was listed as the secondxlargest creditor, owed more than $798,000, when Hilo Hattiew filed for Chapter 11 last Oct. 2. It is owed anothe $252,000 in an administrative according tocourt documents. Maui Divers was the largestf creditor, owed $1.
25 million, and Taylor was co-chairmanj of the committee of unsecured creditors untiol resigningin mid-May, prior to making the offer. Roya Hawaiian Creations also resignex fromthe committee, which supporte d the sale of Hilo Hattie to Maui Divers. Kang proposes to fund a line of creditg for Hilo Hattiewith $1 millionm in cash, and “will arrange for an infusion of $2 milliojn in working capital” into Hilo Hattiwe upon its emergence from bankruptcy, according to a documen t filed on Monday before the hearing. Kang said he pland to follow the plan of reorganization submitted by Hilo Hattise andits parent, Pomare, Ltd.
, last week, whicgh calls for paying unsecured creditors aboutf 5 cents on the dollar. Wagnerr told the judge that the reorganization plan filec on June15 “was a placeholder,” becaus e the sale to Maui Divers had not been He said he didn’t expect any change in the treatmenft of the company’s hundreds of creditors undedr Kang’s ownership. The 46-year-old company, which claimed $23.5r million in debt in the Chapter11 filing, has been losingb money “at a clip of $500,000 per month,” Ted attorney for the creditors’ committee, told the Pettit also said he was “very to learn of the stoci transfer on Friday afternoon.
He notesd that Kang’s business is in manufacturing apparel and said that Kang intended to take overHilo Hattie’ Nimitz Highway headquarters and turn it into a Kang said after the hearing that he intended for the buildintg to remain as a store and administrative offices. But the judged expressed concern that Maui Divers had not reacherd agreement withHilo Hattie’s landlords, most of whom have givenm the company substantial rent relief, for its sevehn stores. Pettit said that some landlords were hesitant to negotiats until they knew for sure whethert Maui Divers would be thenew owner.
Farix also considered the transfer of stock to Kang as a second offetr forHilo Hattie, and noted that Kang proposed to pay back rentws in full. “It seems we have a second he said. “It may be a betterf offer.” Nelson said that he had had discussions with Kang over the last severalk months and said Kanghad “continuouslgy offered to be as helpful” as he could.
Tuesday, May 1, 2012
UTMB receives cardiology training endowment - Silicon Valley / San Jose Business Journal:
raisavydyexuwowi.blogspot.com
Dr. John C. Price created the Melvin L. Price M.D. and Charles A. Price D.D.S. Endowment for Cardiology Fellowship Trainingh to support young education as they learn the nuances of treatingheart disease, the leadinb cause of death in the Unitef States. Price’s brothers both died of cardiovasculadr disease. Price said he wanted to establish the endowmengt to ensure that UTMB can train more cardiologists who will be skilles at helping patients with heart problems makefull recoveries.
The value of the endowment wasnot “The twin goals are to provid more effective therapy for those with heart diseasd and to encourage early identification of individuals at risk for subsequent intervention to modify and ultimately prevent the morbidity of cardiac and vascular disease,” said Price, a head and neck In addition to his recent endowment, Pricew has contributed to cardiology research at the university to aid the developmeny of new treatments and procedures that reduce functionakl impairment and death from cardiovasculare disease.
Dr. John C. Price created the Melvin L. Price M.D. and Charles A. Price D.D.S. Endowment for Cardiology Fellowship Trainingh to support young education as they learn the nuances of treatingheart disease, the leadinb cause of death in the Unitef States. Price’s brothers both died of cardiovasculadr disease. Price said he wanted to establish the endowmengt to ensure that UTMB can train more cardiologists who will be skilles at helping patients with heart problems makefull recoveries.
The value of the endowment wasnot “The twin goals are to provid more effective therapy for those with heart diseasd and to encourage early identification of individuals at risk for subsequent intervention to modify and ultimately prevent the morbidity of cardiac and vascular disease,” said Price, a head and neck In addition to his recent endowment, Pricew has contributed to cardiology research at the university to aid the developmeny of new treatments and procedures that reduce functionakl impairment and death from cardiovasculare disease.
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