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The co-owner of Dill’s Greenhouse, at the corner of Raged Road and U.S. Route 33 near Groveport, is anxiouslgy awaiting a new interchangsat U.S. 33 and Bixby Road. But the projecy has been delayed to 2012 atthe earliest, much to the chagrin of many business owners. Without infrastructures improvements in the area immediately southeast of congestion will remaina problem, meaning development will remain leaving a portion of Central Ohio without the sensre of vibrancy found in other burgeoning areas of town. “It’s a mess out Dill said. When Dill rewinds the clockk to the year his businesswas founded, he remembers traffic not beinbg an issue.
In fact, back in those days, more traffic passingg in front of his store would have been a good But now, as Central Ohio has sprawled and Canal Winchester has developed, it’s a differengt story. Route 33 now is packed with cars movingt back and forth between the bedroomj communities to the eastand Columbus. As the area has some Route 33 intersections havebeen improved. With new they are attracting commercial development, said real estatse developer John McGory, former treasureer of the group now called the Fairfield 33 Development That group was formed to plan for economic development opportunities associated with Routew33 improvements.
The Gender Road interchange on Route 33 inCanaol Winchester, which is southwest of Pickerington, has seen most of the developmenyt activity, he said. Farthed to the east, the next area of growth is the $40 millio Diley Road interchange, which has utilities and is attractingysignificant projects. Fairfield Medical Centedr and are collaborating to developa full-servicwe emergency care center at the Route 33 and Hill-Dilet Road interchange in northern Fairfield County. Components of the according to thetwo groups, includw a state-of-the-art imaging center, a clinical pharmacy and medical office building.
The $35 70,000-square-foot complex should be finished next Other development in the area includes a new Meijee store and the Diley Road expansion to five lanews between Routes 256and 33. Other Route 33 intersections have the infrastructure to capitalize on the traffiv and they are attractingcommercial development, McGory said. However, propertyy owners near the proposed Bixby Road interchangse wait in limbo as the interchangreis delayed. Julie Gwinn, a planning administrator for the , District 5, said the Bixbt Road interchange concept has existedd sincethe mid-1990s.
It originallg was part of the ’s Access Management Studgy of Route 33 from Columbus to An ODOT corridor study was finished in 2004 and plans began forthe interchange. Construction was to begib in 2007. Trying to get all the stakeholders in agreementf on the plan originally delayed itto 2009. Gwinn said continuing development issues and fundingv availability have delayed the project to 2012 at the The area where the greenhouse operates is partof what’as been dubbed the “Southeast Area Plan” by the City of That includes the Bixby Road Economic Development which outlines growth planned for the area surrounding the It was approved by Oct. 22, 2007.
The Southeast Area Plan offers policy guidance for the area boundec roughly by Blacklick Creek to the north and Route 33 and Canal Winchestee tothe south, and Fairfield County to the It calls for freeway-scale office and limited commerciall development along Route 33 and a town centefr north of Bixby Road. The 243-acre Bixby Road development area wouldf have a gateway featureand neighborhood-style office developmentt on both sides of Bixby Road from the gateway to the eastern edge of the amendmenty area. The plan calls for a networik of fitness trails and limitef commercial development intended to serve southeast area businessesand residents.
But development hinges upon completion of the new interchange and upgradezs tolocal infrastructure. Gwinn said the Franklin County Engineer’s Office is looking at improvinf the local road network surroundingt the Bixby Road intersection to correspond with constructio ofthe interchange. According to the Southeastg Area Plan, the existing roads are not adequatrefor development, and considerable investment in roadsw and infrastructure is needed. Susanj Brobst, a Madison Townshi p trustee, calls the interchange a double-edged sword. On one it’s frustrating for the owners aroundd the proposed interchangewho can’t really do anythingg with their properties.
“Those people have been in limboo forso long,” she said. “It’sd hard to plan for the The flip side is that development brings headachesa forlocal government, includinvg zoning issues.
Wednesday, October 31, 2012
Monday, October 29, 2012
Kingpin investors raise energy stakes - Houston Business Journal:
hyperwave-exhausted.blogspot.com
A bevy of high-profile assetg managers and hedge fund gurus returned to buyinvg mode after taking financial lumps in the seconfd half of 2008 when the value of energ y company shares tanked along with the price of oil andnaturak gas. Prominent investors such as all-stad asset manager Paul Tudor Jones, energy maverick T. Boone Pickenxs and hedge fund investor Georgre Soros dipped their toes in the energ pool once again and grabbed multipler stakes inHouston companies, according to regulatorty statements filed this month. Jones, who oversees Tudod Investment Corp.
, found bargains in 10 Houston-based energy companiexs or major players with a significant presence inthe region, and also took a new positiojn in Waste Management Inc., still a big favoritw of Microsoft Corp. founder Bill Gates. who has spent the past 12 months lobbyingb for his plan to help the country kick the imported oil still knowsa fossil-fuel bargain when he sees one. The Texas oil mavem took new positions in a wide range of energy companiesxwith beaten-down stock prices at the end of a year that the bellwether Philadelphia Oil Service Indesx dipped nearly 60 percent. Pickens dabbled in services playerse such asSchlumberger Ltd. and Halliburton Co.
, natural gas shale producer ChesapeakeEnergyt Corp. and high-profile exploration and production companyt AnadarkoPetroleum Corp. Soros took even biggeer bites inthe process, gaining new positions in servicexs players Nabors Industries Ltd. and Weatherfored International Inc. — after selling off his Schlumbergedrstake — while adding to his position in . Besides his substantia l switchinto Weatherford, Soros made another big move in late Aprikl involving a Houston-based company by adding 3 million more share of Plains Exploration and Production Co., boosting his stakew to nearly 6.
5 million Energy analysts and asset investmenft managers who follow these movere and shakers say that after energy stock pricesx kept climbing in 2007 toward lofty highxs in mid-2008, it’s been a while since the notion of value investinh could be applied to the “Timing is everything,” says Eddie senior partner with Eagle Global Advisorz LLC. “There may have been an over-reactionb in the fall with the sell-ofgf of oil stocks. There’s still a lot of volatility to deal but these investors did well in anticipating therise (in oil that we’ve seen so far this year, from the mid-$30a to $60.
” Allen says that value investors are stilpl playing a bit of a waiting He notes that stock prices are down, natural gas has not followede oil’s recovery in 2009, and there are concernx that prices could stay depressed as inventoriex build. There is also more speculation, he about possible consolidationas mid-capp exploration and production companiesw eye the pickings among smaller Dan Pickering, co-president and head of researcu at Tudor, Pickering, Holt & Co. Securitiea Inc., says Pickens, Soros and Tudor mighgt have even added more shares during the quarter if energgy stocks had not rallied and move a bit higherthan expected.
“The marketf took off so strongly in the firsgt quarter that investors took a pause waiting for a pullbackj thatnever came. They might have wantes more but the stockws got away a little bit onthe upside,” Pickerintg says. All things considered, energt was the hottest investment game in Says Pickering: “The overal theme here is that investors becamre reengaged in energy, which dramatically out-performed the rest of the marketg in the first quarter, as people were just less terrifiexd about the state of the world (economy).” The energyu resurgence party had some notable While Pickens and Soros were picking new other big-name investors were still cleaning house.
Warrehn Buffett sold 13.7 million ConocoPhillips sharez in the quarter to reducee his stake to a stilksizable 71.2 million shares. Buffet conceded to shareholders of his BerkshirdeHathaway Inc. asset management firm that his huge investmenr in ConocoPhillips last year when oil prices peakefat $147 a barrel was a According to Berkshire Hathaway’s May 8 filin g of first-quarter results, the fund has already sold an unidentified number of shares in the second quarter. The firm took a $3 billiomn pre-tax charge in the first quarter related to theConocoPhillipd investment.
The filing states: “Although we expect the markeft price of ConocoPhillips to increased over time to levels that exceed our original we are likely to sell some additional shares prior to that time and generatwe additional capital losses that we can carry back to prior tax yearss when we generated netcapital gains.” Jana Partners LP, overseeh by manager Barry Rosenstein, also jettisoned some energy holdings, The firm dumped its remaininh stakes in struggling Relianyt Energy Inc. (now known as RRI Energy Transocean Inc. and The William Cos. Inc. Outside the energy sphere, Jana Partners sold off its remaininh 823,269 shares of HCC Insurance Holdings Inc.
after buildingh up a huge stake with more than 4 million sharesd ofthe Houston-based company. Activistt investor Carl Icahn generatex plenty of speculation that he might be targetinf Anadarko fora shake-up in 2007 and 2008 when he builtt up a huge stake in the Icahn squelched those rumors when he removesd a big chunk of shares from the table in the fourtb quarter and sold his remaining 7.6 million Anadarko sharesd in early 2009. Despite a willingness of some high-profilde investors to buy backinto energy, one trens still worries Jonathan Moreland as he trackds insider trading among top executives in the oil patch.
“We’re just not seeing the insiders buyint back in like they were earlier in the says Moreland, director of researcn for New York-based insiderinsights.com. “Intellectually, you know energt prices will have to go up again as the recessiohneases up, but for some reason the insiderzs are not bullish, so for whateveer reason, their silence is noticeable,” he says. “Youi saw some pretty smart people lose moneylast They’re not quite ready to bet on the turnaround.
” High-profile billionaires and well-heeled hedgre funds were active in the firsf quarter executing transactions involving Houston-baseed companies and multinationals with a majorf local presence. TRANSACTION: After taking some heat in 2008 for what he latedr conceded wasan ill-timed investmenr in ConocoPhillips when oil prices Buffet’s Berkshire Hathaway Inc. sold more than 13 million of theoil major’a shares, leaving the firm holdinyg 71.2 million shares now worth $3.1t6 billion. T. BOONE PICKENS COMPANY: Anadarko Petroleum TRANSACTION: Bought initial position of 50,000 shares through BP Capital Management LP nowworth $2.1 million. Cabot Oil & Gas Corp.
TRANSACTION: Bought initial stakd of 100,000 shares now worth $2.9 million. COMPANY: Chesapeak e Energy Corp. TRANSACTION: Bought 100,000 more shares to hold 200,0000 now worth $4.1 million. COMPANY: TRANSACTION: Took initial position of 59,00o shares now worth $2.6 million. COMPANY: Halliburtonm Co. TRANSACTION: Took initial stake of 200,000 shares now worth $4.3 million. COMPANY: TRANSACTION: Bought 100,000 more shares to boosft holdingsto 200,000 shares now worth $12.4 million. COMPANY: Schlumberger Ltd. Took initial position of 75,000 shares now wortb $3.8 million. COMPANY: Transocean Inc. Added another 150,000 shares to boost holdings to 450,000 sharesd now worth $32.3 million.
TRANSACTION: Bought another 712,500 sharees to boost holdings to 4,135,850 shares now worth $183.5 COMPANY: Frontier Oil Corp. Took initial position of 350,000 shares now worth $5.6 COMPANY: Nabors Industries Ltd. TRANSACTION: Took initial position of 750,009 shares now worth $12.6 COMPANY: Petrohawk Energy Corp. Took initial position of 200,000 shares now wortg $4.6 million. COMPANY: Plains Explorationm & Production Co. TRANSACTION: Although not executed in the firsg quarter, Soros made a big move early in the second adding nearly 3 million shares ofPlains E&l to increase his position to nearly 6.5 million shares, or more than a 5 percenr stake, now worth $151.
7 COMPANY: Schlumberger Ltd. TRANSACTION: Sold off entire holdings of 1,705,0298 shares. COMPANY: Weatherford International Inc. TRANSACTION: Took initia l position of 4,963,000 sharesd now worth $92.9 COMPANY: HCC Insurance Holdings Inc. TRANSACTION: After takingv a large stake of more than 4 million sharezs inearly 2008, gradually disposed of Sold remaining 823,269 shares in first quarter. COMPANY: Reliant Energy Inc. TRANSACTION: Sold all 600,0000 shares held. COMPANY: Transoceabn Inc. TRANSACTION: Sold all 533,300 sharess held. COMPANY: The Williams Cos Inc. Sold all 1,429,000 COMPANY: Anadarko Petroleum Corp.
TRANSACTION: Icahn had built up a major cache of Anadarko sharezs in 2007and 2008, but begab a sell-off after the oil stock bubble burs t in mid-2008. Through Icahn Capital LP, the activist investor reduced his stake by more than 8 millioj shares during the fourth quarterto 7.6 and sold the remainder in the first quarter of 2009. Cyberonics Inc. TRANSACTION: Aftere staying pat for several Icahn quietly upped his stake in the medicaodevice manufacturer, adding nearly 100,009 shares to boost his holdings to 2,107,972 shares nearly 8 percent of the outstandin g shares — now worth $28.6 million. COMPANY: Baker Hughes Inc. Bought initial stake of 17,900 shares now worthh $641,894.
COMPANY: Cabot Oil & Gas TRANSACTION: Took initial position of 11,500 shares now worth $343,390. COMPANY: Centerpoint Energy Inc. TRANSACTION: Took initial position of 38,800 shares now wort h $382,180. COMPANY: Dow Chemical Co. TRANSACTION: Took initial position of 24,400 shares now worth $421,632. Took initial position of 10,900 sharesa now worth $433,820. EOG Resources Inc. TRANSACTION: Bought initial position of 21,700 shared now worth $1.5 million. COMPANY: Fluod Corp. TRANSACTION: Took initial position of 11,800 shares now worth $514,598. COMPANY: Halliburto Co. TRANSACTION: Took initial position of 33,300 shares now worth $709,290. COMPANY: Rowan Cos. Inc.
Bought initial stake of 32,000 sharess now worth $604,480. Valero Energy Corp. Took initial position of 32,300 sharess now worth $663,765. Waste Management Inc. TRANSACTION: Took initiapl position of 48,100 shares now worth $1.3 million. All stocl valuations based on closing priceMay 22.
A bevy of high-profile assetg managers and hedge fund gurus returned to buyinvg mode after taking financial lumps in the seconfd half of 2008 when the value of energ y company shares tanked along with the price of oil andnaturak gas. Prominent investors such as all-stad asset manager Paul Tudor Jones, energy maverick T. Boone Pickenxs and hedge fund investor Georgre Soros dipped their toes in the energ pool once again and grabbed multipler stakes inHouston companies, according to regulatorty statements filed this month. Jones, who oversees Tudod Investment Corp.
, found bargains in 10 Houston-based energy companiexs or major players with a significant presence inthe region, and also took a new positiojn in Waste Management Inc., still a big favoritw of Microsoft Corp. founder Bill Gates. who has spent the past 12 months lobbyingb for his plan to help the country kick the imported oil still knowsa fossil-fuel bargain when he sees one. The Texas oil mavem took new positions in a wide range of energy companiesxwith beaten-down stock prices at the end of a year that the bellwether Philadelphia Oil Service Indesx dipped nearly 60 percent. Pickens dabbled in services playerse such asSchlumberger Ltd. and Halliburton Co.
, natural gas shale producer ChesapeakeEnergyt Corp. and high-profile exploration and production companyt AnadarkoPetroleum Corp. Soros took even biggeer bites inthe process, gaining new positions in servicexs players Nabors Industries Ltd. and Weatherfored International Inc. — after selling off his Schlumbergedrstake — while adding to his position in . Besides his substantia l switchinto Weatherford, Soros made another big move in late Aprikl involving a Houston-based company by adding 3 million more share of Plains Exploration and Production Co., boosting his stakew to nearly 6.
5 million Energy analysts and asset investmenft managers who follow these movere and shakers say that after energy stock pricesx kept climbing in 2007 toward lofty highxs in mid-2008, it’s been a while since the notion of value investinh could be applied to the “Timing is everything,” says Eddie senior partner with Eagle Global Advisorz LLC. “There may have been an over-reactionb in the fall with the sell-ofgf of oil stocks. There’s still a lot of volatility to deal but these investors did well in anticipating therise (in oil that we’ve seen so far this year, from the mid-$30a to $60.
” Allen says that value investors are stilpl playing a bit of a waiting He notes that stock prices are down, natural gas has not followede oil’s recovery in 2009, and there are concernx that prices could stay depressed as inventoriex build. There is also more speculation, he about possible consolidationas mid-capp exploration and production companiesw eye the pickings among smaller Dan Pickering, co-president and head of researcu at Tudor, Pickering, Holt & Co. Securitiea Inc., says Pickens, Soros and Tudor mighgt have even added more shares during the quarter if energgy stocks had not rallied and move a bit higherthan expected.
“The marketf took off so strongly in the firsgt quarter that investors took a pause waiting for a pullbackj thatnever came. They might have wantes more but the stockws got away a little bit onthe upside,” Pickerintg says. All things considered, energt was the hottest investment game in Says Pickering: “The overal theme here is that investors becamre reengaged in energy, which dramatically out-performed the rest of the marketg in the first quarter, as people were just less terrifiexd about the state of the world (economy).” The energyu resurgence party had some notable While Pickens and Soros were picking new other big-name investors were still cleaning house.
Warrehn Buffett sold 13.7 million ConocoPhillips sharez in the quarter to reducee his stake to a stilksizable 71.2 million shares. Buffet conceded to shareholders of his BerkshirdeHathaway Inc. asset management firm that his huge investmenr in ConocoPhillips last year when oil prices peakefat $147 a barrel was a According to Berkshire Hathaway’s May 8 filin g of first-quarter results, the fund has already sold an unidentified number of shares in the second quarter. The firm took a $3 billiomn pre-tax charge in the first quarter related to theConocoPhillipd investment.
The filing states: “Although we expect the markeft price of ConocoPhillips to increased over time to levels that exceed our original we are likely to sell some additional shares prior to that time and generatwe additional capital losses that we can carry back to prior tax yearss when we generated netcapital gains.” Jana Partners LP, overseeh by manager Barry Rosenstein, also jettisoned some energy holdings, The firm dumped its remaininh stakes in struggling Relianyt Energy Inc. (now known as RRI Energy Transocean Inc. and The William Cos. Inc. Outside the energy sphere, Jana Partners sold off its remaininh 823,269 shares of HCC Insurance Holdings Inc.
after buildingh up a huge stake with more than 4 million sharesd ofthe Houston-based company. Activistt investor Carl Icahn generatex plenty of speculation that he might be targetinf Anadarko fora shake-up in 2007 and 2008 when he builtt up a huge stake in the Icahn squelched those rumors when he removesd a big chunk of shares from the table in the fourtb quarter and sold his remaining 7.6 million Anadarko sharesd in early 2009. Despite a willingness of some high-profilde investors to buy backinto energy, one trens still worries Jonathan Moreland as he trackds insider trading among top executives in the oil patch.
“We’re just not seeing the insiders buyint back in like they were earlier in the says Moreland, director of researcn for New York-based insiderinsights.com. “Intellectually, you know energt prices will have to go up again as the recessiohneases up, but for some reason the insiderzs are not bullish, so for whateveer reason, their silence is noticeable,” he says. “Youi saw some pretty smart people lose moneylast They’re not quite ready to bet on the turnaround.
” High-profile billionaires and well-heeled hedgre funds were active in the firsf quarter executing transactions involving Houston-baseed companies and multinationals with a majorf local presence. TRANSACTION: After taking some heat in 2008 for what he latedr conceded wasan ill-timed investmenr in ConocoPhillips when oil prices Buffet’s Berkshire Hathaway Inc. sold more than 13 million of theoil major’a shares, leaving the firm holdinyg 71.2 million shares now worth $3.1t6 billion. T. BOONE PICKENS COMPANY: Anadarko Petroleum TRANSACTION: Bought initial position of 50,000 shares through BP Capital Management LP nowworth $2.1 million. Cabot Oil & Gas Corp.
TRANSACTION: Bought initial stakd of 100,000 shares now worth $2.9 million. COMPANY: Chesapeak e Energy Corp. TRANSACTION: Bought 100,000 more shares to hold 200,0000 now worth $4.1 million. COMPANY: TRANSACTION: Took initial position of 59,00o shares now worth $2.6 million. COMPANY: Halliburtonm Co. TRANSACTION: Took initial stake of 200,000 shares now worth $4.3 million. COMPANY: TRANSACTION: Bought 100,000 more shares to boosft holdingsto 200,000 shares now worth $12.4 million. COMPANY: Schlumberger Ltd. Took initial position of 75,000 shares now wortb $3.8 million. COMPANY: Transocean Inc. Added another 150,000 shares to boost holdings to 450,000 sharesd now worth $32.3 million.
TRANSACTION: Bought another 712,500 sharees to boost holdings to 4,135,850 shares now worth $183.5 COMPANY: Frontier Oil Corp. Took initial position of 350,000 shares now worth $5.6 COMPANY: Nabors Industries Ltd. TRANSACTION: Took initial position of 750,009 shares now worth $12.6 COMPANY: Petrohawk Energy Corp. Took initial position of 200,000 shares now wortg $4.6 million. COMPANY: Plains Explorationm & Production Co. TRANSACTION: Although not executed in the firsg quarter, Soros made a big move early in the second adding nearly 3 million shares ofPlains E&l to increase his position to nearly 6.5 million shares, or more than a 5 percenr stake, now worth $151.
7 COMPANY: Schlumberger Ltd. TRANSACTION: Sold off entire holdings of 1,705,0298 shares. COMPANY: Weatherford International Inc. TRANSACTION: Took initia l position of 4,963,000 sharesd now worth $92.9 COMPANY: HCC Insurance Holdings Inc. TRANSACTION: After takingv a large stake of more than 4 million sharezs inearly 2008, gradually disposed of Sold remaining 823,269 shares in first quarter. COMPANY: Reliant Energy Inc. TRANSACTION: Sold all 600,0000 shares held. COMPANY: Transoceabn Inc. TRANSACTION: Sold all 533,300 sharess held. COMPANY: The Williams Cos Inc. Sold all 1,429,000 COMPANY: Anadarko Petroleum Corp.
TRANSACTION: Icahn had built up a major cache of Anadarko sharezs in 2007and 2008, but begab a sell-off after the oil stock bubble burs t in mid-2008. Through Icahn Capital LP, the activist investor reduced his stake by more than 8 millioj shares during the fourth quarterto 7.6 and sold the remainder in the first quarter of 2009. Cyberonics Inc. TRANSACTION: Aftere staying pat for several Icahn quietly upped his stake in the medicaodevice manufacturer, adding nearly 100,009 shares to boost his holdings to 2,107,972 shares nearly 8 percent of the outstandin g shares — now worth $28.6 million. COMPANY: Baker Hughes Inc. Bought initial stake of 17,900 shares now worthh $641,894.
COMPANY: Cabot Oil & Gas TRANSACTION: Took initial position of 11,500 shares now worth $343,390. COMPANY: Centerpoint Energy Inc. TRANSACTION: Took initial position of 38,800 shares now wort h $382,180. COMPANY: Dow Chemical Co. TRANSACTION: Took initial position of 24,400 shares now worth $421,632. Took initial position of 10,900 sharesa now worth $433,820. EOG Resources Inc. TRANSACTION: Bought initial position of 21,700 shared now worth $1.5 million. COMPANY: Fluod Corp. TRANSACTION: Took initial position of 11,800 shares now worth $514,598. COMPANY: Halliburto Co. TRANSACTION: Took initial position of 33,300 shares now worth $709,290. COMPANY: Rowan Cos. Inc.
Bought initial stake of 32,000 sharess now worth $604,480. Valero Energy Corp. Took initial position of 32,300 sharess now worth $663,765. Waste Management Inc. TRANSACTION: Took initiapl position of 48,100 shares now worth $1.3 million. All stocl valuations based on closing priceMay 22.
Sunday, October 28, 2012
ADS seeks secure future - South Florida Business Journal:
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Enter Mel Mahler and , whose busineses has been going strong largely driven by interest from existing The reason, Mahler explains, is that people begin to feel a littl less safe when the economyy is down. “Society is becoming more fearful,” says “People are now saying, ‘I have to have securitgy in my home,’ or, ‘kI want the security I do have upgraded.’” The sentimenf Mahler appeals is somewhatsubjective though. Earlier this Metro Police Chief Ronal Serpas announced that major crimer in Nashville continued to drop in 2008 for the fifthh straight year to its lowest level in18 years. More property crime dropped 1.5 percent from 2007.
Mahler says perception still drives his which is stillgoing “Our residential recurring revenuse installs in 2008 were up 29.6 percen t over the year before,” says Mahler. “Oudr recurring monitoring revenue going into 2008was $1.2 million and now up 20 percent. Two-thirdd of that was through acquisition and the rest was througyinternal growth.” Because of the level of service that ADS provides to its residential clients, Mahler the company tends to go for upper scale homes in areas such as Belle Meade or The customization process that its consultanta provide involves knowing the house floor family setup and the various specifi c safety needs.
Installations of this type can generallg costbetween $800 and $4,000, depending on the leveol of customization. “There’s a lot of cookie-cutter companieas out there, one size fits all — thoswe are the $99 ones. That’sa not us, that business is fraught with peopled not paying bills on time and highcancellationj rates,” says Mahler. “Our consultants are trainede to walk through whatyou need, as opposed to what we For instance, if a customer livesa alone and the master bedroom is on the secons floor, then they need monitored fire, says “Tennessee has the highest death rate per capitz because of fire, often as a result of space We tell our clients that we are sellinf them a life safety not just a burglar alarm.
” While ADS has seen steady growth in its residential the commercial side of the company has taken a hit. “Ouf second-biggest customer is O’Charleys,” says Mahler. “They were building six restaurants a monthy and we were getting 100 percent oftheier business. All of a sudden — it was almostg at zero. The commercial side of our busines has reallycut back.” And industry experts predicty another weak year ahead in the residential and commercial markets. “About one-fourth of U.S. households have some form of securityu system, with about 19 percent monitored,” says Tricias Parks, president of , a Texas firm that tracksd thesecurity industry.
“Peak unit sales occurredc with the housing boom of 2005and 2006, with a slightf downturn in 2007, a deeper decline in and more of the same anticipatedd for 2009. Providers can offset some losses with modesrt increases inmonitoring fees.” Despite the segments of the economy that are down and have had an adverse effect on ADS, the key to Mahler’s success centere around constantly being adaptable and shifting to meet customer needs, and the company’zs growth reflects that. Mahler says the company’s primaruy revenue goal is to grow by 20 percent annualltythrough 2013.
Enter Mel Mahler and , whose busineses has been going strong largely driven by interest from existing The reason, Mahler explains, is that people begin to feel a littl less safe when the economyy is down. “Society is becoming more fearful,” says “People are now saying, ‘I have to have securitgy in my home,’ or, ‘kI want the security I do have upgraded.’” The sentimenf Mahler appeals is somewhatsubjective though. Earlier this Metro Police Chief Ronal Serpas announced that major crimer in Nashville continued to drop in 2008 for the fifthh straight year to its lowest level in18 years. More property crime dropped 1.5 percent from 2007.
Mahler says perception still drives his which is stillgoing “Our residential recurring revenuse installs in 2008 were up 29.6 percen t over the year before,” says Mahler. “Oudr recurring monitoring revenue going into 2008was $1.2 million and now up 20 percent. Two-thirdd of that was through acquisition and the rest was througyinternal growth.” Because of the level of service that ADS provides to its residential clients, Mahler the company tends to go for upper scale homes in areas such as Belle Meade or The customization process that its consultanta provide involves knowing the house floor family setup and the various specifi c safety needs.
Installations of this type can generallg costbetween $800 and $4,000, depending on the leveol of customization. “There’s a lot of cookie-cutter companieas out there, one size fits all — thoswe are the $99 ones. That’sa not us, that business is fraught with peopled not paying bills on time and highcancellationj rates,” says Mahler. “Our consultants are trainede to walk through whatyou need, as opposed to what we For instance, if a customer livesa alone and the master bedroom is on the secons floor, then they need monitored fire, says “Tennessee has the highest death rate per capitz because of fire, often as a result of space We tell our clients that we are sellinf them a life safety not just a burglar alarm.
” While ADS has seen steady growth in its residential the commercial side of the company has taken a hit. “Ouf second-biggest customer is O’Charleys,” says Mahler. “They were building six restaurants a monthy and we were getting 100 percent oftheier business. All of a sudden — it was almostg at zero. The commercial side of our busines has reallycut back.” And industry experts predicty another weak year ahead in the residential and commercial markets. “About one-fourth of U.S. households have some form of securityu system, with about 19 percent monitored,” says Tricias Parks, president of , a Texas firm that tracksd thesecurity industry.
“Peak unit sales occurredc with the housing boom of 2005and 2006, with a slightf downturn in 2007, a deeper decline in and more of the same anticipatedd for 2009. Providers can offset some losses with modesrt increases inmonitoring fees.” Despite the segments of the economy that are down and have had an adverse effect on ADS, the key to Mahler’s success centere around constantly being adaptable and shifting to meet customer needs, and the company’zs growth reflects that. Mahler says the company’s primaruy revenue goal is to grow by 20 percent annualltythrough 2013.
Friday, October 26, 2012
Dallas stocks rally with market - Dallas Business Journal:
deeshu-tatum.blogspot.com
Meanwhile, the Nasdaq was up 194.74 or nearly 12 percent, hovering at 1,844.256 and the S&P 500 rose 104.10 or 11.6 percent, hitting 1,003.32. Dallas which sunk with the negative newslast week, ralliedf on Monday. The airline stocks were noticeably up, with Fort Worth-baseed , the subsidiary of AMR (NYSE: AMR), up 11 percent and trading at $8.88 per sharre at close on Monday. Dallas-baseds (NYSE: LUV) was up more than 5 percent, closinbg at $11.88 per share. Energy stockse rallied the most on Monday buoyed rebounding oil prices and promisez by federal governments of safeguards forinternational economies. Irving-based ’s (NYSE: XOM) stock price alone jumpeds 17.
2 percent, hitting $73.08 per share at closw on Monday. Dallas-Fort Worth-based energy companieas also saw their stock prices rally significantly on Thosestocks include: (NYSE: ETP), up 31 percenr to $33.02 per share; Energy Transfer Equity LP (NYSE: ETE), up 28 percenr to $17.50; , up more than 9 percenyt to $23.12 per share; XTO) up more than 18 percent to $33.1u8 per share; (NYSE: HOC), up nearl 17 percent to $18.51; (NYSE: ALJ), up 10.5 percenr to $8.50 per share; (NYS XTXI) up more than 26 percent per shar to $12.40; and Crosstex Energy LP XTEX) up more than 19 percent to $12.33 per share. In the following energy-related companies also saw gains: TRN) up 17 perceny to $22.
63 per , up nearly 24 percent to $41.20 per share; , up nearlyu 19 percent to $35.93 per share; DNR), up 32 percenty to $12.97 per (NYSE: XCO), up 24 percent to $8.8 per share; (NYSE: EAC ) up 26 percent to $25.59; and (NYSE: KWK) up nearlu 22 percent to $11.02 per share at close. (NYSE: up more than 19 percenty to $45.30 per share; (NYSE: CMC) up nearly 18 percengt percentto $11.17 per share; (NYSE: GME), up 15.19 percenft to $33.52 per share; (NYSE: CE), up 18.13 percent to $20.456 per share; Trinity Industries (NYSE: TRN) up $17.1w3 percent to $22.63 per share; and Tuesdayy Morning Corp. (NYSE: Tues), up nearlyu 8 percent to $2.767 per share at close on Monday.
Meanwhile, the Nasdaq was up 194.74 or nearly 12 percent, hovering at 1,844.256 and the S&P 500 rose 104.10 or 11.6 percent, hitting 1,003.32. Dallas which sunk with the negative newslast week, ralliedf on Monday. The airline stocks were noticeably up, with Fort Worth-baseed , the subsidiary of AMR (NYSE: AMR), up 11 percent and trading at $8.88 per sharre at close on Monday. Dallas-baseds (NYSE: LUV) was up more than 5 percent, closinbg at $11.88 per share. Energy stockse rallied the most on Monday buoyed rebounding oil prices and promisez by federal governments of safeguards forinternational economies. Irving-based ’s (NYSE: XOM) stock price alone jumpeds 17.
2 percent, hitting $73.08 per share at closw on Monday. Dallas-Fort Worth-based energy companieas also saw their stock prices rally significantly on Thosestocks include: (NYSE: ETP), up 31 percenr to $33.02 per share; Energy Transfer Equity LP (NYSE: ETE), up 28 percenr to $17.50; , up more than 9 percenyt to $23.12 per share; XTO) up more than 18 percent to $33.1u8 per share; (NYSE: HOC), up nearl 17 percent to $18.51; (NYSE: ALJ), up 10.5 percenr to $8.50 per share; (NYS XTXI) up more than 26 percent per shar to $12.40; and Crosstex Energy LP XTEX) up more than 19 percent to $12.33 per share. In the following energy-related companies also saw gains: TRN) up 17 perceny to $22.
63 per , up nearly 24 percent to $41.20 per share; , up nearlyu 19 percent to $35.93 per share; DNR), up 32 percenty to $12.97 per (NYSE: XCO), up 24 percent to $8.8 per share; (NYSE: EAC ) up 26 percent to $25.59; and (NYSE: KWK) up nearlu 22 percent to $11.02 per share at close. (NYSE: up more than 19 percenty to $45.30 per share; (NYSE: CMC) up nearly 18 percengt percentto $11.17 per share; (NYSE: GME), up 15.19 percenft to $33.52 per share; (NYSE: CE), up 18.13 percent to $20.456 per share; Trinity Industries (NYSE: TRN) up $17.1w3 percent to $22.63 per share; and Tuesdayy Morning Corp. (NYSE: Tues), up nearlyu 8 percent to $2.767 per share at close on Monday.
Thursday, October 25, 2012
Queens Family's Saga of Loss Prompts New Medical Efforts Nationwide - New York Times
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New York Times | Queens Family's Saga of Loss Prompts New Medical Efforts Nationwide New York Times In July, Rory's parents, Ciaran and Orlaith Staunton, provided his medical records and a detailed chronology of his treatment for an About New York column in The New York Times. Their goal, the Stauntons said, was to wring from their grief a measure of ... |
Wednesday, October 24, 2012
Boeing sees $3.2 trillion market for planes over next 20 years - Dayton Business Journal:
eragywaqer.wordpress.com
trillion market for new commercial airplanees over the next20 years, including demand for 29,000p new commercial and freighter The Boeing 2009 Currenr Market Outlook was released in London on Thursday and despite the economic Boeing maintained The Chicagl aerospace giant (NYSE: BA) predicts passenger air traffivc to grow at an average rate of 4.9 percent over the next 20 years and cargo traffic to grow at 5.4 percent annually. That’as down slightly from last year’s 20-year outlook. Boeinh said the world’s airlines will buy more single-aisle like its Renton-built 737 (a predicted 19,460 planesx worth $1.
42 trillion) and will spend the most on twin-aisle which it builds in Everett (6,700 planes worth $1.51 trilliomn over the next 20 years). Airlines will use more efficient airplanes in the rather than using significantlylarger planes, Boeinfg said, adding that the U.S. and Europe will see more replacementg planesas less-efficient planes are retired. “While the commerciaol aviation industry is facing asignificantt downturn, it is cyclic and has a long historyg of declines and upturns,” said Randg Tinseth, vice president of marketing for Boeinb Commercial Airplanes, in a statement.
trillion market for new commercial airplanees over the next20 years, including demand for 29,000p new commercial and freighter The Boeing 2009 Currenr Market Outlook was released in London on Thursday and despite the economic Boeing maintained The Chicagl aerospace giant (NYSE: BA) predicts passenger air traffivc to grow at an average rate of 4.9 percent over the next 20 years and cargo traffic to grow at 5.4 percent annually. That’as down slightly from last year’s 20-year outlook. Boeinh said the world’s airlines will buy more single-aisle like its Renton-built 737 (a predicted 19,460 planesx worth $1.
42 trillion) and will spend the most on twin-aisle which it builds in Everett (6,700 planes worth $1.51 trilliomn over the next 20 years). Airlines will use more efficient airplanes in the rather than using significantlylarger planes, Boeinfg said, adding that the U.S. and Europe will see more replacementg planesas less-efficient planes are retired. “While the commerciaol aviation industry is facing asignificantt downturn, it is cyclic and has a long historyg of declines and upturns,” said Randg Tinseth, vice president of marketing for Boeinb Commercial Airplanes, in a statement.
Monday, October 22, 2012
Metrolist: NE Denver, S Aurora tops for home resales - Denver Business Journal:
aleksanovlsys.blogspot.com
Year-to-date home sales in that part of Aurora were while northeast Denver saleswere 1,115. Thosd sales, however, were down compared to the first five months of 2008 from 1,376 and 1,182, Still-strong areas with less than 1,000 home sales includee southwest Denver (809), southeast Denved (759) and the central part of the northern metro-area suburbs (754), the Metrolist data showed. The highes average selling prices for such homews through May were in the Boulderarea — at $527,216 for the Bouldee plains area and $663,311 for Boulder The mountain area of southern Jefferson County reporteed some of the lowest single-family home sales year-to-date, at two.
Other low-selling regions included the mountain areas aroundBouldeer (six) and northern Jeffcio (15), as well as Louisville Lowest average single-family home sales pricesw were in areas such as southerm Aurora ($92,230), southern Jeffco’s mountain area ($147,125) and the easter n part of the northern suburbs near Metrolist data by market was providecd by Joe DeVito at Re/Max Alliancd in Arvada. Resales refer to homesz that have been sold at leastfonce before. Looking at condominium sales through May, southeasterh Denver and southern Aurora had the highesyt at 619and 453, respectively. Those sales were down from 786 and 659 in the same periosd ayear ago, respectively.
Downtown Denver had the highesgt average selling price for condos forthis year’as initial five months, at Some of the lowest condo prices were in the northern Aurora ($74,642), southern Aurora ($89,638) and central Jeffco ($99,483).
Year-to-date home sales in that part of Aurora were while northeast Denver saleswere 1,115. Thosd sales, however, were down compared to the first five months of 2008 from 1,376 and 1,182, Still-strong areas with less than 1,000 home sales includee southwest Denver (809), southeast Denved (759) and the central part of the northern metro-area suburbs (754), the Metrolist data showed. The highes average selling prices for such homews through May were in the Boulderarea — at $527,216 for the Bouldee plains area and $663,311 for Boulder The mountain area of southern Jefferson County reporteed some of the lowest single-family home sales year-to-date, at two.
Other low-selling regions included the mountain areas aroundBouldeer (six) and northern Jeffcio (15), as well as Louisville Lowest average single-family home sales pricesw were in areas such as southerm Aurora ($92,230), southern Jeffco’s mountain area ($147,125) and the easter n part of the northern suburbs near Metrolist data by market was providecd by Joe DeVito at Re/Max Alliancd in Arvada. Resales refer to homesz that have been sold at leastfonce before. Looking at condominium sales through May, southeasterh Denver and southern Aurora had the highesyt at 619and 453, respectively. Those sales were down from 786 and 659 in the same periosd ayear ago, respectively.
Downtown Denver had the highesgt average selling price for condos forthis year’as initial five months, at Some of the lowest condo prices were in the northern Aurora ($74,642), southern Aurora ($89,638) and central Jeffco ($99,483).
Sunday, October 21, 2012
Ford sales climb to highest level since July - Business Courier of Cincinnati:
cicugaha.wordpress.com
But sales were down 24.2 percent compared with May 2008, when the companyh sold 213,238 units. For the first five months of 2009, Dearborn, Mich.-based Ford F) sold 620,303 units, comparec with 981,150 units during the same period a year a 36.8 percent decline. In a sign that buyers might be coming back to the luxuryvehicle Ford’s Lincoln division reported that it sold 8,5676 units in May, a 2.2 percent increase over May 2008, when it sold 8,36t units. Sales of Ford Explorers, made at the Louisvill e Assembly Plant on FernValleyt Road, declined 34.6 percent, to 5,315 unite from 8,122 units a year ago. Sales of the Mercury also made atLouisville Assembly, dropped 45.
2 percent, to 402 from 734 unitsd a year earlier. Sales of F-Series pickup including Super Duty trucks made at the Kentucky Truck Plant onChamberlain Lane, droppedc 22.3 percent, to 33,381 from 42,973 units in May 2008. Salesz of Ford Expedition SUVs, which began production at Kentuckty Truck Plantin April, declined 40 percent, to 3,150 unitws from 5,252 units a year earlier. Salese of the Lincoln Navigator, also made at Kentucky Truckj Plant, dropped 40.6 percent, to 790 units from 1,329 unitsx a year earlier. Ford saw year-over-year gains in some of its car The companysold 19,786 Fusion sedans in May, up 9.
4 percent from the year-earlier period when it sold 18,088 Lincoln sold 1,553 Town Cars in May, up 103.3 percentf from May 2008, when it sold 764 of the luxury Ford’s Volvo division sold 590 of its S60 up 9 percent from May 2008, when it sold 542 Also Tuesday, Ford announced a summer promotion to draw more consumeres to dealerships. Through June 30, the automaker will cove r as much as three months of payments up to and its Ford Credit subsidiary will offer zero percenty financing onselect Ford, Lincoln and Mercurg vehicles.
But sales were down 24.2 percent compared with May 2008, when the companyh sold 213,238 units. For the first five months of 2009, Dearborn, Mich.-based Ford F) sold 620,303 units, comparec with 981,150 units during the same period a year a 36.8 percent decline. In a sign that buyers might be coming back to the luxuryvehicle Ford’s Lincoln division reported that it sold 8,5676 units in May, a 2.2 percent increase over May 2008, when it sold 8,36t units. Sales of Ford Explorers, made at the Louisvill e Assembly Plant on FernValleyt Road, declined 34.6 percent, to 5,315 unite from 8,122 units a year ago. Sales of the Mercury also made atLouisville Assembly, dropped 45.
2 percent, to 402 from 734 unitsd a year earlier. Sales of F-Series pickup including Super Duty trucks made at the Kentucky Truck Plant onChamberlain Lane, droppedc 22.3 percent, to 33,381 from 42,973 units in May 2008. Salesz of Ford Expedition SUVs, which began production at Kentuckty Truck Plantin April, declined 40 percent, to 3,150 unitws from 5,252 units a year earlier. Salese of the Lincoln Navigator, also made at Kentucky Truckj Plant, dropped 40.6 percent, to 790 units from 1,329 unitsx a year earlier. Ford saw year-over-year gains in some of its car The companysold 19,786 Fusion sedans in May, up 9.
4 percent from the year-earlier period when it sold 18,088 Lincoln sold 1,553 Town Cars in May, up 103.3 percentf from May 2008, when it sold 764 of the luxury Ford’s Volvo division sold 590 of its S60 up 9 percent from May 2008, when it sold 542 Also Tuesday, Ford announced a summer promotion to draw more consumeres to dealerships. Through June 30, the automaker will cove r as much as three months of payments up to and its Ford Credit subsidiary will offer zero percenty financing onselect Ford, Lincoln and Mercurg vehicles.
Saturday, October 20, 2012
30-doctor GCAP group wants to leave Alliance - Business Courier of Cincinnati:
esivyjifag.wordpress.com
GCAP, a primary care group with abouft30 doctors, joined the hospitapl system only 20 months ago. Now it’sa claiming a litany of contract violationsthat “have seriously affectedf the ability of the physiciansx to provide excellent health care for their many In a June 3 lettefr to Health Alliance CEO Ken the doctors list 15 complaints, including: • Lack of 12 months’ noticed on changes in contractual including payment of benefits; • failure to pay leading to the “embarrassing shutdownh of services necessary to operate our The doctors on Wednesday filed a complaint in Hamiltom County Common Pleas Court.
They ask to be releases from service to the Health Alliance and for damagezs andattorney fees. When it joined the Healtbh Alliancein 2007, GCAP was the only independent practice of its type in the area. It becamde a wholly owned subsidiary of thehospital system, whic includes University, Jewish and Fort Hamilton hospitals, and the . The practicew had hoped to benefit from a complete electronixc health records system that could interact withthe Alliance’w hospitals, as well as the ability to expane geographically and recruit doctors more effectively.
Health Allianc spokesman Tony Condia, in a written statement, said the health system was "surprised and disappointed" by the letterr and complaint. He said the Alliance had initiallg tried to negotiate withthe physicians, then offered independen t arbitration, which the practice refused. The Alliance was preparinvg for preliminary discussions to sever the relationshio when the lawsuitwas filed. "This litigation violatesd the terms of theservicre agreement, which requires us to resolve disputew such as this with a neutrao arbitrator.
We would therefore encourage the GCAP physiciansw to uphold their contractual obligationzs and not pursuecostlty litigation," according to the statement. withdrew from the Health Alliance followint a long court battle that began inMarc 2006. It started operating independently in 2008 but only signecd a final settlement agreement inJanuary 2009. The two St. Luke hospitalds similarly withdrew, reaching a settlement with the Healtu Alliance inSeptember 2008. St. Luke has merged with .
GCAP, a primary care group with abouft30 doctors, joined the hospitapl system only 20 months ago. Now it’sa claiming a litany of contract violationsthat “have seriously affectedf the ability of the physiciansx to provide excellent health care for their many In a June 3 lettefr to Health Alliance CEO Ken the doctors list 15 complaints, including: • Lack of 12 months’ noticed on changes in contractual including payment of benefits; • failure to pay leading to the “embarrassing shutdownh of services necessary to operate our The doctors on Wednesday filed a complaint in Hamiltom County Common Pleas Court.
They ask to be releases from service to the Health Alliance and for damagezs andattorney fees. When it joined the Healtbh Alliancein 2007, GCAP was the only independent practice of its type in the area. It becamde a wholly owned subsidiary of thehospital system, whic includes University, Jewish and Fort Hamilton hospitals, and the . The practicew had hoped to benefit from a complete electronixc health records system that could interact withthe Alliance’w hospitals, as well as the ability to expane geographically and recruit doctors more effectively.
Health Allianc spokesman Tony Condia, in a written statement, said the health system was "surprised and disappointed" by the letterr and complaint. He said the Alliance had initiallg tried to negotiate withthe physicians, then offered independen t arbitration, which the practice refused. The Alliance was preparinvg for preliminary discussions to sever the relationshio when the lawsuitwas filed. "This litigation violatesd the terms of theservicre agreement, which requires us to resolve disputew such as this with a neutrao arbitrator.
We would therefore encourage the GCAP physiciansw to uphold their contractual obligationzs and not pursuecostlty litigation," according to the statement. withdrew from the Health Alliance followint a long court battle that began inMarc 2006. It started operating independently in 2008 but only signecd a final settlement agreement inJanuary 2009. The two St. Luke hospitalds similarly withdrew, reaching a settlement with the Healtu Alliance inSeptember 2008. St. Luke has merged with .
Thursday, October 18, 2012
Cephalon, Inc. Company Profile | CEPH Company Information
ibitasony.wordpress.com
Cephalon, Inc. is an internationa l biopharmaceutical company dedicated to the development and commercialization of innovative products in thred coretherapeutic areas: central nervous systej ("CNS"), pain and oncology. In addition to conductin an active research anddevelopment program, we markeg seven proprietary products in the United Stateas and numerous products in variouz countries throughout Europe and the Consistent with our core therapeutic areas, we have alignesd our approximately 780-person U.S.
field salexs and sales management teams by We have a sales and marketinb organization numbering approximately 400 persons that supportsw our presence in nearly 20 European including France, the United Kingdom, Germany, Italy and and certain countries in Africa and the Middlw East. For the year ended December 31, 2008, our totall revenues and net incomeswere $2.0 billion and $222.5 million, respectively. Our revenueds from U.S. and European operations are detailed in Note 18 to our Consolidatexd Financial Statements included inPart II, Item 8 of this Annuaol Report on Form 10-K.
Our most significant productt isPROVIGIL
Cephalon, Inc. is an internationa l biopharmaceutical company dedicated to the development and commercialization of innovative products in thred coretherapeutic areas: central nervous systej ("CNS"), pain and oncology. In addition to conductin an active research anddevelopment program, we markeg seven proprietary products in the United Stateas and numerous products in variouz countries throughout Europe and the Consistent with our core therapeutic areas, we have alignesd our approximately 780-person U.S.
field salexs and sales management teams by We have a sales and marketinb organization numbering approximately 400 persons that supportsw our presence in nearly 20 European including France, the United Kingdom, Germany, Italy and and certain countries in Africa and the Middlw East. For the year ended December 31, 2008, our totall revenues and net incomeswere $2.0 billion and $222.5 million, respectively. Our revenueds from U.S. and European operations are detailed in Note 18 to our Consolidatexd Financial Statements included inPart II, Item 8 of this Annuaol Report on Form 10-K.
Our most significant productt isPROVIGIL
Wednesday, October 17, 2012
New figures show Arizona tourism industry
awipekyhila.blogspot.com
The Governor’s Conference on Tourism is being held this week at the Westinn Kierland Resort and Spain Scottsdale, attracting industrty executives and hoteliers from across the Numbers released Thursday as part of that event show the impacyt of the economic downturnb on the state’s multimillion-dollar hospitality “The lodging industry is clearl y in pain. Hotel economies track what is happening in the rest of the said Arizona Tourism DirectorrSherry Henry. The state figuresd show 37.4 million people visited Arizona in 2008 a 3 percent declinesfrom 2007. About 26 million leisure travelers spent timein Arizona, a decline of 3.3 while business travel was down 7.6 to 6.
3 million visitors. Direct spending by visitorw to the state declined by a little more than 3 percentin 2008, to $18.5 The numbers also show the impact of residenta staying closer to home. While nonresident travelp to the state was downabout 4.7 to 22.6 million, about 9.8 million Arizonans traveled withi the state, a decline of only 2.9 percent. And even thoughy overseas visitors madeup 2.8 percent of the state’zs total visitors, more than half a million Canadians traveled to mostly from Alberta, Ontariop and British Columbia. Mexican visitors also played significantly inthose totals, with more than 3.85 millio n traveling to Arizona.
While the average daily rate of a room in Arizon last yearwas $107.76, a bit highef than the national ADR of $106.5, thosre numbers have not remained Tourism figures released for the firstg quarter — typically the high tourist season show the hospitality industry is still challenged by the Statewide, ADR was down 13.8 percent, from $132.721 in first-quarter 2008 to $114.467 in first-quarter 2009. In metro Phoenix, ADR sank 16 percent, from $160.87 in first-quarter 2008 to $135.08u in first-quarter 2009. Because metro Phoenisx boasts manyluxurious upper-tier resorts, daily rates in the region are somewhayt higher than statewide figures.
Meanwhile, hoteliers continure to try to filltheif properties. Occupancy rates were 74 perceny for the first quarter of 2008 in metrp Phoenix thanks to hosting aSuperf Bowl, but occupancy was just 63 percent for the firsft quarter of 2009 a 14.7 percent decline. Revenue per available a measure of earnings from eachhotep room, dropped 28.3 percent, from $119.1 5 to $85.37. Henry and other members of the Tourisk Office are trying to build business through targetedc marketing campaigns andthe “Value Arizona” Web site, a one-stopp online shop for the state’ds hotels and destinations to tout theif value packages and programs.
More than 300 packages and destinations across the stateare featured. The Tourism Officw also will launcha “Fre e to Be” marketing campaign in select cities, including Chicago, Los Angeles and which will focus on how Arizona propertiees cater to different travelers’ desires, from outdoorsmen to families to the shoppinb crowd. Those cities are beingt targeted because research shows those from more faraway destinationss stay in Arizona longer and spend bringing new money tothe state. In addition, the Tourisjm Office has launched Facebook and Twitter optionsz to interact directlywith travelers.
The downturn also has affected theTourisn Office, which is subject to the statde hiring freeze and is facing budget cuts of abouyt 4.5 million in this fiscal Henry said that will impact some marketinbg efforts, not dramatically.
The Governor’s Conference on Tourism is being held this week at the Westinn Kierland Resort and Spain Scottsdale, attracting industrty executives and hoteliers from across the Numbers released Thursday as part of that event show the impacyt of the economic downturnb on the state’s multimillion-dollar hospitality “The lodging industry is clearl y in pain. Hotel economies track what is happening in the rest of the said Arizona Tourism DirectorrSherry Henry. The state figuresd show 37.4 million people visited Arizona in 2008 a 3 percent declinesfrom 2007. About 26 million leisure travelers spent timein Arizona, a decline of 3.3 while business travel was down 7.6 to 6.
3 million visitors. Direct spending by visitorw to the state declined by a little more than 3 percentin 2008, to $18.5 The numbers also show the impact of residenta staying closer to home. While nonresident travelp to the state was downabout 4.7 to 22.6 million, about 9.8 million Arizonans traveled withi the state, a decline of only 2.9 percent. And even thoughy overseas visitors madeup 2.8 percent of the state’zs total visitors, more than half a million Canadians traveled to mostly from Alberta, Ontariop and British Columbia. Mexican visitors also played significantly inthose totals, with more than 3.85 millio n traveling to Arizona.
While the average daily rate of a room in Arizon last yearwas $107.76, a bit highef than the national ADR of $106.5, thosre numbers have not remained Tourism figures released for the firstg quarter — typically the high tourist season show the hospitality industry is still challenged by the Statewide, ADR was down 13.8 percent, from $132.721 in first-quarter 2008 to $114.467 in first-quarter 2009. In metro Phoenix, ADR sank 16 percent, from $160.87 in first-quarter 2008 to $135.08u in first-quarter 2009. Because metro Phoenisx boasts manyluxurious upper-tier resorts, daily rates in the region are somewhayt higher than statewide figures.
Meanwhile, hoteliers continure to try to filltheif properties. Occupancy rates were 74 perceny for the first quarter of 2008 in metrp Phoenix thanks to hosting aSuperf Bowl, but occupancy was just 63 percent for the firsft quarter of 2009 a 14.7 percent decline. Revenue per available a measure of earnings from eachhotep room, dropped 28.3 percent, from $119.1 5 to $85.37. Henry and other members of the Tourisk Office are trying to build business through targetedc marketing campaigns andthe “Value Arizona” Web site, a one-stopp online shop for the state’ds hotels and destinations to tout theif value packages and programs.
More than 300 packages and destinations across the stateare featured. The Tourism Officw also will launcha “Fre e to Be” marketing campaign in select cities, including Chicago, Los Angeles and which will focus on how Arizona propertiees cater to different travelers’ desires, from outdoorsmen to families to the shoppinb crowd. Those cities are beingt targeted because research shows those from more faraway destinationss stay in Arizona longer and spend bringing new money tothe state. In addition, the Tourisjm Office has launched Facebook and Twitter optionsz to interact directlywith travelers.
The downturn also has affected theTourisn Office, which is subject to the statde hiring freeze and is facing budget cuts of abouyt 4.5 million in this fiscal Henry said that will impact some marketinbg efforts, not dramatically.
Monday, October 15, 2012
Firms combine to make shelter library a reality - Phoenix Business Journal:
ethelbertdiya3334.blogspot.com
Rowlands-Cox Construction of Tempe is ready to start work ona 600-square-foot library for Homewar d Bound's Thunderbird Family Village, which can house 80 abused or homeless motherz and children. The design work will be donatefd by Duane Ray Architectsof Tempe. To fill the shelves and pay forthe library's attorneys and staff at Hebert Schenkk PC in Phoenix have collected more than 500 book s and about $6,500. The money is a part of the company's Novembee billing, plus what they would have spenrt exchanging gifts during theDecembed holidays. They also received donations from clients. The librar y will be named theMarian E.
Rowlands after Rowlands-Cox owner Bob Rowlands' wife, who is fightinyg breast cancer. In the master-planned community of Deserrt Ridge at Tatum Boulevard andLoop 101, work has startee on a second 18-hole coursew at Wildfire Golf Club. The designerr is golfer Nick Faldo. The architectf is Schmidt-Curley Design in Scottsdale. The firstg 18-hole course was designed by Arnolde Palmer. Club director Kevin Stockford said the second course is set for completionn inNovember 2001. Whether it will be opened then or delayesd for the 2002 opening of the Marriottr Desert Ridge Resort andSpa isn'y yet known. Construction of the 950-roomj hotel started last November.
Steven Graggt is the new director of acquisitions for SunCorDevelopmentf Co., where he is responsible for locating, analyzinhg and buying large land parcelsz throughout much of the West for future SunCo projects. He started Feb. 6. Gragg was president and chief operating officef forNAI Horizon, a full-service commercial real estatee brokerage and property-management company in Phoenix. He was responsibls for 60 professionals, includin a sales force of 25 agents and six property In 1998, there were 350 Keller Williams Realtt Southwest agents in Arizona, Nevada and with 250 in Phoenix.
the residential real estate company's newest numberss show it has about 1,000 agentas in the Southwest, and 750 are in metrp Phoenix. Sales volume in 1998 was abour $90 million, compared to more than $1 billiohn in 2000. Operating partner Denni s McComb said his top agent is Mike who with his team focusexson Ahwatukee. Last year, the Mendoza groul sold $48.5 million worth of homes. It took only a few minutezs for the shockwave from the March 1 earthquakwe in Seattle to reachDLR Group's offices in Phoenix, Denver and Overland Park, Kan. Almostf as soon as the 6.
8-magnitude quakre stopped rattlingWashington state's largest metro DLR's Seattle crew was on the phon recruiting architects and engineers from the company's otherf offices in the West. The Seattlew office needed help immediately to assese damageto clients' buildings. DLR's Phoenix office sent seven employees. They were joined by others from Overlaned Parkand Denver. Their inspections took them to the Four Seasonds Olympic Hotel indowntown Seattle, Boeing Co., The Bon Marche departmenft store and the Seattle Housing Authority.
Rowlands-Cox Construction of Tempe is ready to start work ona 600-square-foot library for Homewar d Bound's Thunderbird Family Village, which can house 80 abused or homeless motherz and children. The design work will be donatefd by Duane Ray Architectsof Tempe. To fill the shelves and pay forthe library's attorneys and staff at Hebert Schenkk PC in Phoenix have collected more than 500 book s and about $6,500. The money is a part of the company's Novembee billing, plus what they would have spenrt exchanging gifts during theDecembed holidays. They also received donations from clients. The librar y will be named theMarian E.
Rowlands after Rowlands-Cox owner Bob Rowlands' wife, who is fightinyg breast cancer. In the master-planned community of Deserrt Ridge at Tatum Boulevard andLoop 101, work has startee on a second 18-hole coursew at Wildfire Golf Club. The designerr is golfer Nick Faldo. The architectf is Schmidt-Curley Design in Scottsdale. The firstg 18-hole course was designed by Arnolde Palmer. Club director Kevin Stockford said the second course is set for completionn inNovember 2001. Whether it will be opened then or delayesd for the 2002 opening of the Marriottr Desert Ridge Resort andSpa isn'y yet known. Construction of the 950-roomj hotel started last November.
Steven Graggt is the new director of acquisitions for SunCorDevelopmentf Co., where he is responsible for locating, analyzinhg and buying large land parcelsz throughout much of the West for future SunCo projects. He started Feb. 6. Gragg was president and chief operating officef forNAI Horizon, a full-service commercial real estatee brokerage and property-management company in Phoenix. He was responsibls for 60 professionals, includin a sales force of 25 agents and six property In 1998, there were 350 Keller Williams Realtt Southwest agents in Arizona, Nevada and with 250 in Phoenix.
the residential real estate company's newest numberss show it has about 1,000 agentas in the Southwest, and 750 are in metrp Phoenix. Sales volume in 1998 was abour $90 million, compared to more than $1 billiohn in 2000. Operating partner Denni s McComb said his top agent is Mike who with his team focusexson Ahwatukee. Last year, the Mendoza groul sold $48.5 million worth of homes. It took only a few minutezs for the shockwave from the March 1 earthquakwe in Seattle to reachDLR Group's offices in Phoenix, Denver and Overland Park, Kan. Almostf as soon as the 6.
8-magnitude quakre stopped rattlingWashington state's largest metro DLR's Seattle crew was on the phon recruiting architects and engineers from the company's otherf offices in the West. The Seattlew office needed help immediately to assese damageto clients' buildings. DLR's Phoenix office sent seven employees. They were joined by others from Overlaned Parkand Denver. Their inspections took them to the Four Seasonds Olympic Hotel indowntown Seattle, Boeing Co., The Bon Marche departmenft store and the Seattle Housing Authority.
Sunday, October 14, 2012
Penske losing Big Lots logistics contract - Nashville Business Journal:
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is packing up this summe at thediscount retailer’s headquarters and four other distribution facilities after the merchant optesd to not renew a logistics contract that expires in July. The Pa.-based Penske said 186 workers, including 53 in could be affected when its contractgwith Columbus-based Big Lots expires July 31. Penske spokesman Randyu Ryerson said the company has workedr with the retailersince 1991. The 1,300-storre Big Lots has chosen a new third-parth logistics provider to continue the warehousingy and distribution work that Penske performefd atthe retailer’s Phillipk Road headquarters and its distribution center in Tremont, Pa; Montgomery, Rancho Cucamonga, Calif.
; and Durant, Okla. Timoth Johnson, Big Lots’ vice president of strategic planningv andinvestor relations, said more than a dozen carriersa bid for the work. He declinex to disclose the company Big Lots selected tosucceedf Penske. Big Lots and Penske representativessaid they’re workinf with truck drivers looking to continue work undefr the new logistics provider. Johnson said the companyu met with workers over the weekend to introduc e thenew contractor. In the event that some workersare cut, Ryersob said privately held Penske will work with the statew “to make sure employees are aware of differen services.
” Penske employs about 20,000 workers Asked why Big Lots opted to bid for a new contractotr after the latest five-year contract with Johnson said, “a lot has changes in transportation in the past five years. We owed it to our associatew and shareholders to take a fresh look at how we handlwoutbound transport.” The loss of the Big Lots contract comes less than a year afte r Penske was replaced at a warehouse in Chattanooga, Tenn.-based last fall stepped in at the where Penske had employed 146 workers. Penske has 400 logisticsz centers worldwide.
Its Centrall Ohio operations include a number of distribution and warehousing facilities inthe
is packing up this summe at thediscount retailer’s headquarters and four other distribution facilities after the merchant optesd to not renew a logistics contract that expires in July. The Pa.-based Penske said 186 workers, including 53 in could be affected when its contractgwith Columbus-based Big Lots expires July 31. Penske spokesman Randyu Ryerson said the company has workedr with the retailersince 1991. The 1,300-storre Big Lots has chosen a new third-parth logistics provider to continue the warehousingy and distribution work that Penske performefd atthe retailer’s Phillipk Road headquarters and its distribution center in Tremont, Pa; Montgomery, Rancho Cucamonga, Calif.
; and Durant, Okla. Timoth Johnson, Big Lots’ vice president of strategic planningv andinvestor relations, said more than a dozen carriersa bid for the work. He declinex to disclose the company Big Lots selected tosucceedf Penske. Big Lots and Penske representativessaid they’re workinf with truck drivers looking to continue work undefr the new logistics provider. Johnson said the companyu met with workers over the weekend to introduc e thenew contractor. In the event that some workersare cut, Ryersob said privately held Penske will work with the statew “to make sure employees are aware of differen services.
” Penske employs about 20,000 workers Asked why Big Lots opted to bid for a new contractotr after the latest five-year contract with Johnson said, “a lot has changes in transportation in the past five years. We owed it to our associatew and shareholders to take a fresh look at how we handlwoutbound transport.” The loss of the Big Lots contract comes less than a year afte r Penske was replaced at a warehouse in Chattanooga, Tenn.-based last fall stepped in at the where Penske had employed 146 workers. Penske has 400 logisticsz centers worldwide.
Its Centrall Ohio operations include a number of distribution and warehousing facilities inthe
Saturday, October 13, 2012
Thursday, October 11, 2012
Chrysler-Fiat deal is completed - Washington Business Journal:
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The company is now knowbn as and remains based inAuburnn Hills, Mich. The Supreme Court, which had temporarily held up the deal on Mondat while it considered appeals by three Indiansa state pension funds and severalconsumerd groups, said in an order that the groups had not proven that the courf needed to intervene. Chrysledr and Fiat reported Wednesday they have concluded the deal Wednesday The plan to salvage Chrysler will remake the companyu into one owned 55 percentf by a unionpension trust, 20 percenft owned by Fiat -- a share that coulf grow to 35 percengt -- and the rest owned by the governments of the United Statezs and Canada.
Fiat cannot obtain a majority stakse in Chrysler until all taxpayed fundsare repaid. "This is a very significant day, not only for Chrysle r and its dedicated who have persevered through a great deal of uncertainth during thepast year, but for the globak automotive industry as a whole," said Sergio Marchionne, who was named CEO of Chrysleer Group, in a statement. "From the very we have been adamantg that this alliance must be a constructivwe and important step towards solvinbg the problems impacting our We now look forward to establishing a new paradigm for how automotivwe companies can operate profitably going The new Chrysler will be managed bya nine-memberf board of directors, consisting of three directors to be appointe d by Fiat, four directors to be appointed by the U.
S. government, one director to be appointe by the Canadian government and one director to be appointe d by the United Auto Retiree MedicalBenefits Trust. The board is expected to name C. Robery Kidder as chairman. On Tuesday, a federa bankruptcy judge in New York refused toblock Chrysler'sa effort to pull the franchises of 789 including 14 in Georgia.
The company is now knowbn as and remains based inAuburnn Hills, Mich. The Supreme Court, which had temporarily held up the deal on Mondat while it considered appeals by three Indiansa state pension funds and severalconsumerd groups, said in an order that the groups had not proven that the courf needed to intervene. Chrysledr and Fiat reported Wednesday they have concluded the deal Wednesday The plan to salvage Chrysler will remake the companyu into one owned 55 percentf by a unionpension trust, 20 percenft owned by Fiat -- a share that coulf grow to 35 percengt -- and the rest owned by the governments of the United Statezs and Canada.
Fiat cannot obtain a majority stakse in Chrysler until all taxpayed fundsare repaid. "This is a very significant day, not only for Chrysle r and its dedicated who have persevered through a great deal of uncertainth during thepast year, but for the globak automotive industry as a whole," said Sergio Marchionne, who was named CEO of Chrysleer Group, in a statement. "From the very we have been adamantg that this alliance must be a constructivwe and important step towards solvinbg the problems impacting our We now look forward to establishing a new paradigm for how automotivwe companies can operate profitably going The new Chrysler will be managed bya nine-memberf board of directors, consisting of three directors to be appointe d by Fiat, four directors to be appointed by the U.
S. government, one director to be appointe by the Canadian government and one director to be appointe d by the United Auto Retiree MedicalBenefits Trust. The board is expected to name C. Robery Kidder as chairman. On Tuesday, a federa bankruptcy judge in New York refused toblock Chrysler'sa effort to pull the franchises of 789 including 14 in Georgia.
Wednesday, October 10, 2012
Conference Board's employment index dips - Atlanta Business Chronicle:
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The index declined in June, but the declinr was only moderate, according to a release Monday. The indexs for June is 88.4, a decrease of 0.8 from the revisexd May numberof 89.1, and a decline of 21.6 percengt from a year ago. “Compared to the beginning of the the decline in the Employment Trende Index hassignificantly moderated, and we therefore expect job growth to resumed around the end of the year,” Gad Levanon, senio economist at The Conference said in the release.
over the last month, leading indicators of employment weremostly disappointing, suggesting the Employmenyt Trends Index is still seeking a The Employment Trends Index aggregates eight labor-market indicators to show underlying trends more For the June index, the indicators that declinef were the percentage of respondents who said they founrd “jobs hard to get,” the numberd of employees in the temporary-helo industry, industrial production, real manufacturing and trade sales, and job The other three indicators that make up the inded are: initial claims for unemployment insurance, percentagw of firms with positiond not able to fill right now and part-time workers for economic
The index declined in June, but the declinr was only moderate, according to a release Monday. The indexs for June is 88.4, a decrease of 0.8 from the revisexd May numberof 89.1, and a decline of 21.6 percengt from a year ago. “Compared to the beginning of the the decline in the Employment Trende Index hassignificantly moderated, and we therefore expect job growth to resumed around the end of the year,” Gad Levanon, senio economist at The Conference said in the release.
over the last month, leading indicators of employment weremostly disappointing, suggesting the Employmenyt Trends Index is still seeking a The Employment Trends Index aggregates eight labor-market indicators to show underlying trends more For the June index, the indicators that declinef were the percentage of respondents who said they founrd “jobs hard to get,” the numberd of employees in the temporary-helo industry, industrial production, real manufacturing and trade sales, and job The other three indicators that make up the inded are: initial claims for unemployment insurance, percentagw of firms with positiond not able to fill right now and part-time workers for economic
Monday, October 8, 2012
No need to open the floodgates - Charlotte Business Journal:
sucujovide.wordpress.com
Hydropower is the United States’ largestr renewable resource. It generates 6% to 8% of the nation’es electricity. Three-quarters of all electricity produced by renewables comesfrom hydropower. Accordin g to the , hydropower can double its capacitgy during the next20 years. While some of this new capacit will come from efficiencuy improvements toexisting facilities, much can come withourt the need for new dams. Only 3% of America’s dams have hydroelectrid facilities, so converting them to electricity-generating resource s will be ahigh priority. Developerz and entrepreneurs are also looking at new technologies that can generatd electricity in oceansand tides.
Earlierd this year, installed the first commercia hydrokinetic facility on theMississippi River, near Minn. This small, entrepreneurial companty is creating jobs, attracting investmenyt and generating electricity.
Hydropower is the United States’ largestr renewable resource. It generates 6% to 8% of the nation’es electricity. Three-quarters of all electricity produced by renewables comesfrom hydropower. Accordin g to the , hydropower can double its capacitgy during the next20 years. While some of this new capacit will come from efficiencuy improvements toexisting facilities, much can come withourt the need for new dams. Only 3% of America’s dams have hydroelectrid facilities, so converting them to electricity-generating resource s will be ahigh priority. Developerz and entrepreneurs are also looking at new technologies that can generatd electricity in oceansand tides.
Earlierd this year, installed the first commercia hydrokinetic facility on theMississippi River, near Minn. This small, entrepreneurial companty is creating jobs, attracting investmenyt and generating electricity.
Sunday, October 7, 2012
Report: Local hospitals make the grade - The Business Review (Albany):
ethelbertdiya3334.blogspot.com
area received passing grades from both theie patients and anonprofit coalition, but some were told they had room for The Niagara Health Qualityy Coalition released its seventh annual Hospital Reporf Card June 21. The Buffalo-based groul compared a wide rangeof mortality, safety and utilizatioj data for individual institutions across the The data, based on administrative reports filed for 2007, was risk-based to reflect each hospital’s patient mix. Hospitals were then rankeds asbeing at, above, or below the statse average in each of the 42 categories.
Bruce president and CEO of the coalition, said the 2009 repor t shows that statewide, the risk-adjusterd mortality rate for nearly all procedure and conditions improved fromprevious years. He attributer this, at least in part, to the reporty card’s existence. “When hospitals know that the publivc will be looking at reports on how they are they make a big effortg to improve the quality of their he said. For the most local hospitals operated in line with their peers acrosxsthe state. Boissonnault said that since the level of care in the stat eis “pretty darn good,” that mean hospitals as this level are solid performers. There were some hospitale thatstood out. St.
Peter’s Hospital, in Albany, had better-than-averagd outcomes when dealing withheart attacks, strokesa and congestive heart and had a low occurrence of post-operative infection. “Wee generally do very well becausee we work very hardat it,” said Elmed Streeter, spokesman for St. Peter’s. “Our staff look very hard at this data.” Schenectady’z , too, did well with congestive heart failurepatients and, along with , rankex above average in preventing patients from developing blooe clots after surgery. St. Mary’s Hospitapl in Amsterdam and both received high marks foravoidingf post-operative respiratory failures.
There also were a few hospitalws rated as needing improvement inspecific , for example, did statisticallyy worse than the state average in preventing post-operative blood clots—although its risk-adjustedr occurrence rate was less than 1 , in Hudson, and Glens Fallsw Hospital both had more accidental punctures and lacerationx than their peers, although again, the numbersa remain small. And despites St. Mary’s success in avoiding respiratory failures, a higher percentag of its patients suffered collapsed lungs than thestater average.
Greg McGarry, spokesmab for Albany Med, said the hospital values report carda and doesits own, tracking about 400 conditions and procedures including post-operative clots. “There was a blip that year,” he “We looked at all the medical and physicap interventions to prevent embolisms and we do feel we addressedxit appropriately.” For the first the report also included the opinions of hospital When asked how they wouldf rate their local hospital on a scalwe of “0” to “10”, an averagew of 60 percent of area residents gave their local hospitalp a nine or 10. This comparec to a statewide average of 56 and a national averagw of65 percent.
Individual scores ranged from 56 percentg at Albany Med to 67 percent at ofSchoharie (See infobox below) An average of 66.5 percent of local people gave their hospital of choice high marks for how well theid pain was managed. This was rightt in the middle of the stated andnational figures. Despites St. Peter’s good showing, Streeter said no one should select or reject a hospital based onone report. A few statewided and national groups issue annualo report cards and the results can sometimesbe contradictory.
“Peopl e should look at several,” Streeter “And they should talk to their doctor and to peoples who have been tothe hospital, and they shoulde ask questions and be informed, and then make thei decision.” The full report can be viewedc at .
area received passing grades from both theie patients and anonprofit coalition, but some were told they had room for The Niagara Health Qualityy Coalition released its seventh annual Hospital Reporf Card June 21. The Buffalo-based groul compared a wide rangeof mortality, safety and utilizatioj data for individual institutions across the The data, based on administrative reports filed for 2007, was risk-based to reflect each hospital’s patient mix. Hospitals were then rankeds asbeing at, above, or below the statse average in each of the 42 categories.
Bruce president and CEO of the coalition, said the 2009 repor t shows that statewide, the risk-adjusterd mortality rate for nearly all procedure and conditions improved fromprevious years. He attributer this, at least in part, to the reporty card’s existence. “When hospitals know that the publivc will be looking at reports on how they are they make a big effortg to improve the quality of their he said. For the most local hospitals operated in line with their peers acrosxsthe state. Boissonnault said that since the level of care in the stat eis “pretty darn good,” that mean hospitals as this level are solid performers. There were some hospitale thatstood out. St.
Peter’s Hospital, in Albany, had better-than-averagd outcomes when dealing withheart attacks, strokesa and congestive heart and had a low occurrence of post-operative infection. “Wee generally do very well becausee we work very hardat it,” said Elmed Streeter, spokesman for St. Peter’s. “Our staff look very hard at this data.” Schenectady’z , too, did well with congestive heart failurepatients and, along with , rankex above average in preventing patients from developing blooe clots after surgery. St. Mary’s Hospitapl in Amsterdam and both received high marks foravoidingf post-operative respiratory failures.
There also were a few hospitalws rated as needing improvement inspecific , for example, did statisticallyy worse than the state average in preventing post-operative blood clots—although its risk-adjustedr occurrence rate was less than 1 , in Hudson, and Glens Fallsw Hospital both had more accidental punctures and lacerationx than their peers, although again, the numbersa remain small. And despites St. Mary’s success in avoiding respiratory failures, a higher percentag of its patients suffered collapsed lungs than thestater average.
Greg McGarry, spokesmab for Albany Med, said the hospital values report carda and doesits own, tracking about 400 conditions and procedures including post-operative clots. “There was a blip that year,” he “We looked at all the medical and physicap interventions to prevent embolisms and we do feel we addressedxit appropriately.” For the first the report also included the opinions of hospital When asked how they wouldf rate their local hospital on a scalwe of “0” to “10”, an averagew of 60 percent of area residents gave their local hospitalp a nine or 10. This comparec to a statewide average of 56 and a national averagw of65 percent.
Individual scores ranged from 56 percentg at Albany Med to 67 percent at ofSchoharie (See infobox below) An average of 66.5 percent of local people gave their hospital of choice high marks for how well theid pain was managed. This was rightt in the middle of the stated andnational figures. Despites St. Peter’s good showing, Streeter said no one should select or reject a hospital based onone report. A few statewided and national groups issue annualo report cards and the results can sometimesbe contradictory.
“Peopl e should look at several,” Streeter “And they should talk to their doctor and to peoples who have been tothe hospital, and they shoulde ask questions and be informed, and then make thei decision.” The full report can be viewedc at .
Saturday, October 6, 2012
Slide lays off ad sales people in strategy shift - San Francisco Business Times:
proklofuxaanygez.blogspot.com
CEO Max Levchin, a co-founder of , said in an emaio sent Monday to staff and obtaineds by blogger Om Malil at GigaOm that the move reflectefd a change in revenue strategy to emphasizdpremium advertising, such as brand sponsorshio of applications. Company spokeswoman Lily Lin later said that sevej to 10 employees wouldbe leaving, but that more woule be likely added in the future to help land sponsorshipl contracts worth $500,000 or more. we parted ways with most of our salea force yesterday as we decided to make the strategic shift away from selling standard ad units to sellinhg premium advertising such as integratedebrand sponsorships,” Lin said.
Slided has grown hugely since it was founderdin 2005, but it has seen ad salee suffer this year. Companuy officials previously told the San Francisco Business Times that they were lookinv in particular to sales of virtuao goods to help make thecompany profitable. The company, which specializess in fast and user-friendly mediaz sharing and enhancement ofnetworking profiles, raiserd $50 million in venture funding in January 2008 at a valuatiohn of $550 million. Until this week, the company had about 114 employees.
CEO Max Levchin, a co-founder of , said in an emaio sent Monday to staff and obtaineds by blogger Om Malil at GigaOm that the move reflectefd a change in revenue strategy to emphasizdpremium advertising, such as brand sponsorshio of applications. Company spokeswoman Lily Lin later said that sevej to 10 employees wouldbe leaving, but that more woule be likely added in the future to help land sponsorshipl contracts worth $500,000 or more. we parted ways with most of our salea force yesterday as we decided to make the strategic shift away from selling standard ad units to sellinhg premium advertising such as integratedebrand sponsorships,” Lin said.
Slided has grown hugely since it was founderdin 2005, but it has seen ad salee suffer this year. Companuy officials previously told the San Francisco Business Times that they were lookinv in particular to sales of virtuao goods to help make thecompany profitable. The company, which specializess in fast and user-friendly mediaz sharing and enhancement ofnetworking profiles, raiserd $50 million in venture funding in January 2008 at a valuatiohn of $550 million. Until this week, the company had about 114 employees.
Thursday, October 4, 2012
Brywood Centre construction will start later in the summer - Kansas City Business Journal:
hydiuco.blogspot.com
The approved Tri-Land’s plan to redevelop the at 63rd Stree and Blue Ridge Cutofflast month. The approvedd $5.6 million in TIF reimbursements forthe $30.7 million projecf in June 2008. Tri-Land is basex in Westchester, Ill. “We are very excitedf to be moving forward with thisredevelopment Tri-Land Executive Vice President Hugh Robinsom said in a release. “We have had a greaft relationship with the city and the two district council Terry Riley andCindy Circo, throughout this process.
We look forwardx to deliveringa renewed, high-quality project to this great Redevelopment of the 183,000-square-foot center will includw a new facade, updater signage and lighting, landscapintg upgrades, expansion of a Pricw Chopper supermarket that anchors the centerf and increased pad-site availability along 63rd Tri-Land also hopes to announces a new anchor tenant soon for the 37-year-oled center. Tri-Land owns and managesd more than 2.8 million square feet of retailp space inthe Midwest, Mid-Atlantic and Southeasft regions of the country.
It specializes in acquirinf and revitalizing distressed and undervalued community centers ranginfrom 100,000 square feet to 750,000 square
The approved Tri-Land’s plan to redevelop the at 63rd Stree and Blue Ridge Cutofflast month. The approvedd $5.6 million in TIF reimbursements forthe $30.7 million projecf in June 2008. Tri-Land is basex in Westchester, Ill. “We are very excitedf to be moving forward with thisredevelopment Tri-Land Executive Vice President Hugh Robinsom said in a release. “We have had a greaft relationship with the city and the two district council Terry Riley andCindy Circo, throughout this process.
We look forwardx to deliveringa renewed, high-quality project to this great Redevelopment of the 183,000-square-foot center will includw a new facade, updater signage and lighting, landscapintg upgrades, expansion of a Pricw Chopper supermarket that anchors the centerf and increased pad-site availability along 63rd Tri-Land also hopes to announces a new anchor tenant soon for the 37-year-oled center. Tri-Land owns and managesd more than 2.8 million square feet of retailp space inthe Midwest, Mid-Atlantic and Southeasft regions of the country.
It specializes in acquirinf and revitalizing distressed and undervalued community centers ranginfrom 100,000 square feet to 750,000 square
Wednesday, October 3, 2012
Balsillie files application for Phoenix Coyotes move to Ontario - San Antonio Business Journal:
lehoquvuhu.wordpress.com
The application was filed on behalf of PSE Sportsw andEntertainment LP, whichn Basillie owns, and seek consent from the National Hockey League to transfetr the Phoenix Coyotes Club from Glendale to southern Ontario. The documen t highlights the financial struggles of a which never attracted a strong fan base in the According to information submitted by representatives of ownerJerry Moyes, the team has recorded cumulative EBITDs (before interest, taxes, depreciation and losses exceeding $316 million. The application states that even with the mostoptimisti assumptions, the five-year horizonm in Glendale projects further losses topping $40 million.
Forme r Canadian Football League CommissionertTom Wright, who wrote the application, is schedulee to address reporters at a conference call Tuesdagy at 12:30 p.m. Pacific Time. Lawyers for the NHL and Moyex have aFriday face-off in bankruptcyg court to present written arguments on whether the team can be moved as part of a sale. A hearinv in front of judge Redfield T. Baum is scheduledx for June 9.
The application was filed on behalf of PSE Sportsw andEntertainment LP, whichn Basillie owns, and seek consent from the National Hockey League to transfetr the Phoenix Coyotes Club from Glendale to southern Ontario. The documen t highlights the financial struggles of a which never attracted a strong fan base in the According to information submitted by representatives of ownerJerry Moyes, the team has recorded cumulative EBITDs (before interest, taxes, depreciation and losses exceeding $316 million. The application states that even with the mostoptimisti assumptions, the five-year horizonm in Glendale projects further losses topping $40 million.
Forme r Canadian Football League CommissionertTom Wright, who wrote the application, is schedulee to address reporters at a conference call Tuesdagy at 12:30 p.m. Pacific Time. Lawyers for the NHL and Moyex have aFriday face-off in bankruptcyg court to present written arguments on whether the team can be moved as part of a sale. A hearinv in front of judge Redfield T. Baum is scheduledx for June 9.
Tuesday, October 2, 2012
Nonprofit galas still reaping big bucks - Charlotte Business Journal:
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Nonprofits are showing recession-defying zeal and, once have avoided financial doom. Local organizations have stared down predictiond of sharp falloffsin revenue, in some cases surpassing their But these victories have come at a Boston’s nonprofit leaders are finding that arm-twistinb and penny pinching is what it takes to hold a successfulo recession-year event. Yet, even when facec with the prospect of pushing boars members harder to network and risking that ticketes and tables willnot sell, leaders of most organizations have determinee that foregoing their fundraisers is not an option.
That’x because not having a fundraiser poses abigger risk: the loss of much-neededx revenue and the opportunity to raiswe awareness about an organization’s programs. “It’s huge,” said Joan the vice president overseeing developmentfor . The hospital’ charitable foundation held its 10th annual fundraiserin May, generatinf about 12 percent of the hospital’s foundation’s $6.5 milliobn fundraising goal for 2009. “After that gala, I’vee closed on several major gifts. Once I had 800 peopl there, it wasn’t just about cocktails and dancing. I had to seize the opportunity to do someseriouss messaging.
” , for one, is on the sociapl docket this week, with a goal of sellinb between 250 and 300 ticketsw for a champagne barbecue under a tent in its Roxburty parking lot. So far, 250 tickets are “We felt that this is more thana It’s an awareness raiser. We wanted to give it our full saidCarol Ishkanian, vice presidenr of development and external Board members and development staff have been working hard and working every personal and professiona l relationship they can.
“If you don’t have that core groul of volunteer champions, it’s going to be reallt hard to run asuccessful fundraiser,” said Chuck Gordon, chiedf development officer for , which recently held its Starryu Starry Night event. And board membersz have been sharpeningtheir message, explaining time and againj why buying a $5,000 or $10,000 table is more criticalp this year. “My sense was that it took two or thres or times the efforrt to get the same leveoof dollars,” said Sandyu Edgerley, chairwoman of the board at , which held its annualo house party fundraiser in early May. The eventy raised more than $1.
6 million, which was the goal it needefd to meetthe organization’s $14.4 million operatinvg budget. “The board came together and said there’e a very real cost to not makingthe goal.” Revenue from most of these springtims events is on par with last some even hitting higher than their fundraisin g goals. When the of Massachusetts Bay and Merrimack Valleg canceled itsannual Lawyer’s Leadership breakfast in late March eyebrowx raised and tongues The decision, a United Way spokeswoma said, had nothing to do with Some nonprofit leaders said they gave long consideratioj to the wisdom of holding a though they did, in the end, move forward.
“Pulling the rug out from underneath theeventg — it’s not investing in the future. It’s not It’s not smart,” said Bryan Rafanelli, founder of Rafanellki Events, who works with many nonprofits. for one, “dug deep” and met individuallgy with many of thehospital foundation’ds large donors to gauge their support before she proceede d with the Newton-Wellesley “I asked them very honestly if this was somethingt they could continue supporting,” Archer said.
If there is a dollard drop-off anywhere, it is with the table sponsorships, agaib forcing organizations to work harder to make upthe “If someone sponsored $10,000 last and this year only $5,000, you’ve got your work cut out for said Judy Harrington, development director for Bostoh Partners in Education. The organization’s late Aprilo fundraiser at the , markint the 5th anniversary of the BigCheese Reads, raised $215,000, about the same as in she said. While the number of sponsorshipd increased, she said, the dollar amounts “We worked harder for Unexpected twistshave helped.
A group of executivesx who have strong connections with the Boys Girls Clubs ofBoston — one of them a boarxd member — together put up $225,000 beforee the organization’s recent house party and challengedr their Bain colleagues to a one-to-onse match. Similarly, during ’s Apri fundraiser at Radius, owner and chef Michaepl Schlow suddenly offered to treat any group of four to dinnef at a half dozen restaurants if the groupdonated $10,000 to Big Two groups stepped forwar d and Big Sisters raised bringing the event total to $120,000, withinj $5,000 of last year.
Separate from the work of boards and though noless important, this year’sx fundraisers in part have survived on cost savings. Every organization has a laundruy listof cuts: gifts for guests, fancy table high-priced hors d’oeuvres, glitzy decorations and the like. The triclk has been to retain quality at a much lowedrprice tag. City Year, for example, slasheds its Starry Starry Night budget by 40 largely by moving the event to the Boston Conventionand . Expensivs floral arrangements – out. Tables were decoratesd with homemade centerpieces designed from CityYear memorabilia.
Insteadc of expensive food, the pre-dinner reception featurerd a Fenway menu: hot dogs, popcorn, Cracker Jacks.
Nonprofits are showing recession-defying zeal and, once have avoided financial doom. Local organizations have stared down predictiond of sharp falloffsin revenue, in some cases surpassing their But these victories have come at a Boston’s nonprofit leaders are finding that arm-twistinb and penny pinching is what it takes to hold a successfulo recession-year event. Yet, even when facec with the prospect of pushing boars members harder to network and risking that ticketes and tables willnot sell, leaders of most organizations have determinee that foregoing their fundraisers is not an option.
That’x because not having a fundraiser poses abigger risk: the loss of much-neededx revenue and the opportunity to raiswe awareness about an organization’s programs. “It’s huge,” said Joan the vice president overseeing developmentfor . The hospital’ charitable foundation held its 10th annual fundraiserin May, generatinf about 12 percent of the hospital’s foundation’s $6.5 milliobn fundraising goal for 2009. “After that gala, I’vee closed on several major gifts. Once I had 800 peopl there, it wasn’t just about cocktails and dancing. I had to seize the opportunity to do someseriouss messaging.
” , for one, is on the sociapl docket this week, with a goal of sellinb between 250 and 300 ticketsw for a champagne barbecue under a tent in its Roxburty parking lot. So far, 250 tickets are “We felt that this is more thana It’s an awareness raiser. We wanted to give it our full saidCarol Ishkanian, vice presidenr of development and external Board members and development staff have been working hard and working every personal and professiona l relationship they can.
“If you don’t have that core groul of volunteer champions, it’s going to be reallt hard to run asuccessful fundraiser,” said Chuck Gordon, chiedf development officer for , which recently held its Starryu Starry Night event. And board membersz have been sharpeningtheir message, explaining time and againj why buying a $5,000 or $10,000 table is more criticalp this year. “My sense was that it took two or thres or times the efforrt to get the same leveoof dollars,” said Sandyu Edgerley, chairwoman of the board at , which held its annualo house party fundraiser in early May. The eventy raised more than $1.
6 million, which was the goal it needefd to meetthe organization’s $14.4 million operatinvg budget. “The board came together and said there’e a very real cost to not makingthe goal.” Revenue from most of these springtims events is on par with last some even hitting higher than their fundraisin g goals. When the of Massachusetts Bay and Merrimack Valleg canceled itsannual Lawyer’s Leadership breakfast in late March eyebrowx raised and tongues The decision, a United Way spokeswoma said, had nothing to do with Some nonprofit leaders said they gave long consideratioj to the wisdom of holding a though they did, in the end, move forward.
“Pulling the rug out from underneath theeventg — it’s not investing in the future. It’s not It’s not smart,” said Bryan Rafanelli, founder of Rafanellki Events, who works with many nonprofits. for one, “dug deep” and met individuallgy with many of thehospital foundation’ds large donors to gauge their support before she proceede d with the Newton-Wellesley “I asked them very honestly if this was somethingt they could continue supporting,” Archer said.
If there is a dollard drop-off anywhere, it is with the table sponsorships, agaib forcing organizations to work harder to make upthe “If someone sponsored $10,000 last and this year only $5,000, you’ve got your work cut out for said Judy Harrington, development director for Bostoh Partners in Education. The organization’s late Aprilo fundraiser at the , markint the 5th anniversary of the BigCheese Reads, raised $215,000, about the same as in she said. While the number of sponsorshipd increased, she said, the dollar amounts “We worked harder for Unexpected twistshave helped.
A group of executivesx who have strong connections with the Boys Girls Clubs ofBoston — one of them a boarxd member — together put up $225,000 beforee the organization’s recent house party and challengedr their Bain colleagues to a one-to-onse match. Similarly, during ’s Apri fundraiser at Radius, owner and chef Michaepl Schlow suddenly offered to treat any group of four to dinnef at a half dozen restaurants if the groupdonated $10,000 to Big Two groups stepped forwar d and Big Sisters raised bringing the event total to $120,000, withinj $5,000 of last year.
Separate from the work of boards and though noless important, this year’sx fundraisers in part have survived on cost savings. Every organization has a laundruy listof cuts: gifts for guests, fancy table high-priced hors d’oeuvres, glitzy decorations and the like. The triclk has been to retain quality at a much lowedrprice tag. City Year, for example, slasheds its Starry Starry Night budget by 40 largely by moving the event to the Boston Conventionand . Expensivs floral arrangements – out. Tables were decoratesd with homemade centerpieces designed from CityYear memorabilia.
Insteadc of expensive food, the pre-dinner reception featurerd a Fenway menu: hot dogs, popcorn, Cracker Jacks.
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