CTV.ca | Mad cow risk negligible in US Fort Wayne Journal Gazette LAURAN NEERGAARD | AP WASHINGTON â€" If the “mad cow†found in California has you wondering about food safety, well, there are plenty of problems that pose serious risks to the food supply. But mad cow disease shouldn't be high on the worry list. No outbreak of 'mad cow;' ban on US beef nixed |
Monday, April 30, 2012
Mad cow risk negligible in US - Fort Wayne Journal Gazette
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Saturday, April 28, 2012
Nortel Networks to sell stake in joint venture with LG Electronics - Silicon Valley / San Jose Business Journal:
disadvantage-unlimited.blogspot.com
Brampton, Ontario-based Nortel said (Pinlk Sheets: NRTLQ) LG-Nortel is a profitable, standalone business that has not filef forcreditor protection. However, accordinyg the company's latest financial results, the joint venture'zs revenue in the first quarter fell by to $188 million, from last year as a majoer contract came to an end. LG-Nortekl recorded $341 million in revenue minus expenses in 2008 a margin of 27 Nortel said. The margibn so far in 2009 is 26 percent, Nortep said. Nortel, which has abourt 2,000 employees in the Raleigh-Durham area, owns 50 plus one share, of LG-Nortel. The company did not say how much it hoper to be paid for its stakerin LG-Nortel.
"LG-Nortel is a successfu business with an accomplishexleadership team, a culture of a dedicated employee base and a drived to succeed," said Mike Zafirovski, Nortel’w president and CEO. "As we work to evaluat e the ultimate path forward for all of our this decision willallow LG-Nortel to embark on the next phase of its journe and realize its full Nortel says it will file a motion asking the Ontari o Superior Court of Justice to approvde a sale process that has been agreef to with LG Electronics and that appoints to help find a LG Electronics and the Ontario court also must give their OK for any sale of Nortel’sw stake in LG-Nortel.
Nortel in Canada and the United Stateson Jan. 14, a day beforwe the company was to makea $107 million interesgt payment on part of Nortel’ more than $1 billion in debt. he Canadian court has since granted Nortel to come up with a satisfactory reorganization Speculation has focused on Nortel selling offone – of its two biggest business units to improvwe its balance sheet, but no deal has yet been A one-time cornerstone of Research Triangle Park with 9,000 Raleigh-Durhak employees at its peak, Nortel saw its fortunexs go downhill when the technology bubblre burst in 2000 and demand steadilyy dried up from phone companies for Nortel’s products.
The company also ran into troublse with an accounting scandal that led to and the resignation s ofthe company’s top executives, including then-CEOi Frank Dunn.
Brampton, Ontario-based Nortel said (Pinlk Sheets: NRTLQ) LG-Nortel is a profitable, standalone business that has not filef forcreditor protection. However, accordinyg the company's latest financial results, the joint venture'zs revenue in the first quarter fell by to $188 million, from last year as a majoer contract came to an end. LG-Nortekl recorded $341 million in revenue minus expenses in 2008 a margin of 27 Nortel said. The margibn so far in 2009 is 26 percent, Nortep said. Nortel, which has abourt 2,000 employees in the Raleigh-Durham area, owns 50 plus one share, of LG-Nortel. The company did not say how much it hoper to be paid for its stakerin LG-Nortel.
"LG-Nortel is a successfu business with an accomplishexleadership team, a culture of a dedicated employee base and a drived to succeed," said Mike Zafirovski, Nortel’w president and CEO. "As we work to evaluat e the ultimate path forward for all of our this decision willallow LG-Nortel to embark on the next phase of its journe and realize its full Nortel says it will file a motion asking the Ontari o Superior Court of Justice to approvde a sale process that has been agreef to with LG Electronics and that appoints to help find a LG Electronics and the Ontario court also must give their OK for any sale of Nortel’sw stake in LG-Nortel.
Nortel in Canada and the United Stateson Jan. 14, a day beforwe the company was to makea $107 million interesgt payment on part of Nortel’ more than $1 billion in debt. he Canadian court has since granted Nortel to come up with a satisfactory reorganization Speculation has focused on Nortel selling offone – of its two biggest business units to improvwe its balance sheet, but no deal has yet been A one-time cornerstone of Research Triangle Park with 9,000 Raleigh-Durhak employees at its peak, Nortel saw its fortunexs go downhill when the technology bubblre burst in 2000 and demand steadilyy dried up from phone companies for Nortel’s products.
The company also ran into troublse with an accounting scandal that led to and the resignation s ofthe company’s top executives, including then-CEOi Frank Dunn.
Thursday, April 26, 2012
UMKC, Johnson County Community College reach credit-transfer agreement - Kansas City Business Journal:
olimstgon.blogspot.com
Curators of the University of Missouri, on behaltf of UMKC and the JCCC Boarof Trustees, will sign an articulation agreement Wednesdagy at JCCC. The agreement guarantees that UMKC will acceptf and apply designated freshmanm and sophomore credits from JCCC associates degree programs towardUMKC bachelor’s degreed programs, consistent with the treatment of non-transfere student credits, UMKC said in a Tuesday “As an urban-serving university, UMKC is dedicatex to making higher education accessible to all studentz and forming meaningful partnerships with area institutions,” Mel UMKC’s vice chancellor of studenf affairs and enrollment management, said in the release.
“Thiss articulation agreement with Johnson County Community Collegse is just one way we affirmthat commitment.” UMKC also offersw the Metro Rate, a program that allow s residents of Johnson, Leavenworth, Miami and Wyandottw counties in Kansas to pay in-state tuition for undergraduates study.
Curators of the University of Missouri, on behaltf of UMKC and the JCCC Boarof Trustees, will sign an articulation agreement Wednesdagy at JCCC. The agreement guarantees that UMKC will acceptf and apply designated freshmanm and sophomore credits from JCCC associates degree programs towardUMKC bachelor’s degreed programs, consistent with the treatment of non-transfere student credits, UMKC said in a Tuesday “As an urban-serving university, UMKC is dedicatex to making higher education accessible to all studentz and forming meaningful partnerships with area institutions,” Mel UMKC’s vice chancellor of studenf affairs and enrollment management, said in the release.
“Thiss articulation agreement with Johnson County Community Collegse is just one way we affirmthat commitment.” UMKC also offersw the Metro Rate, a program that allow s residents of Johnson, Leavenworth, Miami and Wyandottw counties in Kansas to pay in-state tuition for undergraduates study.
Wednesday, April 25, 2012
Opus West says it owes $1.46 billion - Baltimore Business Journal:
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and some of its subsidiaries filed voluntary petitions late Monday for reorganization underChapter 11. Chapter 11 generally removeds the threat of lawsuits from creditors whilr a business seeks to rehabilitate itselft andcontinue operations. Opus West and its affiliates reportedcabout $1.28 billion in total assets and $1.46 billion in totapl liabilities, according to bankruptcy court filings. The corporation and its affiliatexs had combined revenue ofabout $405 million in 2008. The parentf company lists 200 to999 creditors, according to bankruptch filings. Opus West Corp.
owns about 20 real estatde development properties either directly or through entitiese set up to holdthe properties, the court filings say. The totap debt on those properties isabout $414 million and the valud of the properties is about $403 In addition to Opus West Corp., the subsidiariez that have filed Chapter 11 petitions are Opus West Constructio Corp., Opus West LP, Opus West Partners Inc. and O.W. Commerciak Inc. Opus West Corp. has guaranteedd about $1.15 billion in loans for its subsidiariexs andjoint ventures, and most of those loans are in the court filings say.
Steep declinea in commercial real estate values and difficult credit market conditions necessitatedthe filing, said John Greer, chief restructuringv officer of Opus West. Greer said Opus West will keepa "modesft presence" in Phoenix, Texas and Californisa to work on asset dispositions and transitions. "While we began slowinf the pace of new development nearly two years ago in anticipatiomn of difficultmarket conditions, we must now take additional measures to enable an orderlyu wind-down of our portfolio, protect asset values and maximize return on lenders' Greer said in a prepared statement.
Opus West and its subsidiarieds have suffered declining financial performancesince 2008, resulting in defaultss on certain credit lines and constrained according to an affidavit filed by managing member of , which is the chief restructuring officedr of Opus West Corp. Greer is also presiden t of the OpusWest Construction, Opus West Partner s and O.W. Commercial Opus has focused on recapitalizing through project sales and but has been unable to do so because of poormarketr conditions, Greer's affidavit says.
Since Opus West and its affiliate s have developed more than 52 million square feetof industrial, retail, multifamily, government and institutional projects, the affidavirt says. The company's assets include interests in commercial and residentiao real estate projectsacross California, Arizona and including condominium, office, industrial, apartment and retaio projects in various stages of development, the affidavit says. Addison-based Opus West LP, formexd to develop real estate propertieswin Texas, owns seven properties that consistr of either vacant land, or a project undefr construction or completed projects.
The total debt on thoswe properties isabout $105 million and theitr value is about $134 million, Greer's filin states. Opus has been dramatically scaling back its Nortb Texas operations for more thana year. Opus spokeswoman Winstohn Hewett told the that the Addison office has not starterd a new development in more than a year and has cut its stafdf in Dallas to 12 employees from about 40 ayear ago. Opus West'ss overall headcount had dropped to 40 as ofJuly 1, comparec to 291 two years ago, Hewetg said. Since April, dozens of subcontractors have filedf liens totaling morethan $4 million against Opus West Corp.
and Opus West Constructio tied to Two Addison a $23 million, 198,000-square-foot speculative office building in The building was developed and is ownesd by Opus West Corp. The liens claim Opus owes the subcontractorsx for labor or materials provided in the course of The six-story Two Addison building on the west side of the Dallaxs North Tollway just north of Arapaho Road was recentluy completed, but has no tenants. The credit crunch and slowingg demand for office space left Opus unablwe to get permanent financing to replacerthe short-term construction loan on the Addison Hewett said. Other Opus West Corp.
projectws in North Texas include 121 Lakepointe an office and industrial developmengin Lewisville; and Broadstone Parkway, a 5.8-acree mixed-use project at 5005 Galleriaq Drive in North Dallas. Dallas area creditors include RL Murphegy CommercialRoof Systems, owed $1.24 million; Greemn Fire Systems of Texas, owed $856,660; and Ennids Steel Industries Inc., owed $519,402; and Tas Commercial Concret e Construction, owed $500,704, according to court records.
troubles stem from the globaleconomic downturn, deterioratiobn of the real estate market and the credit crunch, whichh has made it difficult for borroweras to get financing to fund real estate projects or refinancd existing projects, Greer's affidavit states. The turmoil has scarede buyers, leading to excess supply and lowee prices. The dramatic downturn has cause d Opus to be out of compliance with terms of varioues loans and unable torestructure them, and attemptse to raise capital and sell assets have provebn difficult, bringing about the Chapter 11 filing, Greer's affidavit says.
Opus' challenge s vary considerablyby region, said Mark chairman and CEO of Opus "Opus West faced particularly dramaticd drops in real estate values in marketd such as California and Arizona, and has been particularl challenged by the sharp downturn in the capita markets and availability of refinancing," he Rauenhorst said that two other independent operating companies of Opus Group -- and Opus Northwesy LLC -- have been less affected by the economic and capitall market conditions because of their mix of project typez and their location in stronger , which is baserd in Minnetonka, Minn.
, is a design-build development firm that specializees in office, industrial, multifamily, government and institutional projects. It also controlzs Washington-based LLC, which filed for Chapter 7 liquidation in late Opus Group saidits subsidiary, which is basedx in Atlanta, filed for reorganization in bankruptcy courtg on April 22.
and some of its subsidiaries filed voluntary petitions late Monday for reorganization underChapter 11. Chapter 11 generally removeds the threat of lawsuits from creditors whilr a business seeks to rehabilitate itselft andcontinue operations. Opus West and its affiliates reportedcabout $1.28 billion in total assets and $1.46 billion in totapl liabilities, according to bankruptcy court filings. The corporation and its affiliatexs had combined revenue ofabout $405 million in 2008. The parentf company lists 200 to999 creditors, according to bankruptch filings. Opus West Corp.
owns about 20 real estatde development properties either directly or through entitiese set up to holdthe properties, the court filings say. The totap debt on those properties isabout $414 million and the valud of the properties is about $403 In addition to Opus West Corp., the subsidiariez that have filed Chapter 11 petitions are Opus West Constructio Corp., Opus West LP, Opus West Partners Inc. and O.W. Commerciak Inc. Opus West Corp. has guaranteedd about $1.15 billion in loans for its subsidiariexs andjoint ventures, and most of those loans are in the court filings say.
Steep declinea in commercial real estate values and difficult credit market conditions necessitatedthe filing, said John Greer, chief restructuringv officer of Opus West. Greer said Opus West will keepa "modesft presence" in Phoenix, Texas and Californisa to work on asset dispositions and transitions. "While we began slowinf the pace of new development nearly two years ago in anticipatiomn of difficultmarket conditions, we must now take additional measures to enable an orderlyu wind-down of our portfolio, protect asset values and maximize return on lenders' Greer said in a prepared statement.
Opus West and its subsidiarieds have suffered declining financial performancesince 2008, resulting in defaultss on certain credit lines and constrained according to an affidavit filed by managing member of , which is the chief restructuring officedr of Opus West Corp. Greer is also presiden t of the OpusWest Construction, Opus West Partner s and O.W. Commercial Opus has focused on recapitalizing through project sales and but has been unable to do so because of poormarketr conditions, Greer's affidavit says.
Since Opus West and its affiliate s have developed more than 52 million square feetof industrial, retail, multifamily, government and institutional projects, the affidavirt says. The company's assets include interests in commercial and residentiao real estate projectsacross California, Arizona and including condominium, office, industrial, apartment and retaio projects in various stages of development, the affidavit says. Addison-based Opus West LP, formexd to develop real estate propertieswin Texas, owns seven properties that consistr of either vacant land, or a project undefr construction or completed projects.
The total debt on thoswe properties isabout $105 million and theitr value is about $134 million, Greer's filin states. Opus has been dramatically scaling back its Nortb Texas operations for more thana year. Opus spokeswoman Winstohn Hewett told the that the Addison office has not starterd a new development in more than a year and has cut its stafdf in Dallas to 12 employees from about 40 ayear ago. Opus West'ss overall headcount had dropped to 40 as ofJuly 1, comparec to 291 two years ago, Hewetg said. Since April, dozens of subcontractors have filedf liens totaling morethan $4 million against Opus West Corp.
and Opus West Constructio tied to Two Addison a $23 million, 198,000-square-foot speculative office building in The building was developed and is ownesd by Opus West Corp. The liens claim Opus owes the subcontractorsx for labor or materials provided in the course of The six-story Two Addison building on the west side of the Dallaxs North Tollway just north of Arapaho Road was recentluy completed, but has no tenants. The credit crunch and slowingg demand for office space left Opus unablwe to get permanent financing to replacerthe short-term construction loan on the Addison Hewett said. Other Opus West Corp.
projectws in North Texas include 121 Lakepointe an office and industrial developmengin Lewisville; and Broadstone Parkway, a 5.8-acree mixed-use project at 5005 Galleriaq Drive in North Dallas. Dallas area creditors include RL Murphegy CommercialRoof Systems, owed $1.24 million; Greemn Fire Systems of Texas, owed $856,660; and Ennids Steel Industries Inc., owed $519,402; and Tas Commercial Concret e Construction, owed $500,704, according to court records.
troubles stem from the globaleconomic downturn, deterioratiobn of the real estate market and the credit crunch, whichh has made it difficult for borroweras to get financing to fund real estate projects or refinancd existing projects, Greer's affidavit states. The turmoil has scarede buyers, leading to excess supply and lowee prices. The dramatic downturn has cause d Opus to be out of compliance with terms of varioues loans and unable torestructure them, and attemptse to raise capital and sell assets have provebn difficult, bringing about the Chapter 11 filing, Greer's affidavit says.
Opus' challenge s vary considerablyby region, said Mark chairman and CEO of Opus "Opus West faced particularly dramaticd drops in real estate values in marketd such as California and Arizona, and has been particularl challenged by the sharp downturn in the capita markets and availability of refinancing," he Rauenhorst said that two other independent operating companies of Opus Group -- and Opus Northwesy LLC -- have been less affected by the economic and capitall market conditions because of their mix of project typez and their location in stronger , which is baserd in Minnetonka, Minn.
, is a design-build development firm that specializees in office, industrial, multifamily, government and institutional projects. It also controlzs Washington-based LLC, which filed for Chapter 7 liquidation in late Opus Group saidits subsidiary, which is basedx in Atlanta, filed for reorganization in bankruptcy courtg on April 22.
Monday, April 23, 2012
Auto parts plant coming to Chattanooga - Memphis Business Journal:
takes-trendsthe.blogspot.com
creating 230 new jobs, officials announced The new business will be located in the Enterpriser SouthIndustrial Park, and the jobs will be createx over a three-year period. Gestamp has been contracter to supply parts for thenew mid-sizedx sedan designed for the U.S. market from . It is one of severa l suppliers expected tofollow Volkswagen's lead to East Tennessee. “o firmly believe the excellent business climate and skilled work force of Chattanooga and Tennesseee will allow us to benefit from the same qualities Volkswagen found and to continueour company’s long-tern growth,” Jeff Wilson, president and chiet operating officer for says in a news release.
The companuy provides products for many othefr automotive companiesincluding , , and . Applications are not beingt taken atthis time, but Gestamp has advisede job seekers to monitor job postings. Michigan-baserd Gestamp is a subsidiaryof , a privately held companyt headquartered in Madrid. The company has 75 manufacturinh sites all over the world and generateseabout $7 billion in annual revenue. It is workinbg to establish plantsin Russia, Indiaq and Argentina to supply Volkswagen as
creating 230 new jobs, officials announced The new business will be located in the Enterpriser SouthIndustrial Park, and the jobs will be createx over a three-year period. Gestamp has been contracter to supply parts for thenew mid-sizedx sedan designed for the U.S. market from . It is one of severa l suppliers expected tofollow Volkswagen's lead to East Tennessee. “o firmly believe the excellent business climate and skilled work force of Chattanooga and Tennesseee will allow us to benefit from the same qualities Volkswagen found and to continueour company’s long-tern growth,” Jeff Wilson, president and chiet operating officer for says in a news release.
The companuy provides products for many othefr automotive companiesincluding , , and . Applications are not beingt taken atthis time, but Gestamp has advisede job seekers to monitor job postings. Michigan-baserd Gestamp is a subsidiaryof , a privately held companyt headquartered in Madrid. The company has 75 manufacturinh sites all over the world and generateseabout $7 billion in annual revenue. It is workinbg to establish plantsin Russia, Indiaq and Argentina to supply Volkswagen as
Saturday, April 21, 2012
Structures Awards 2008 - Silicon Valley / San Jose Business Journal:
llrx-royce.blogspot.com
In the Commercial Broker of the Year Winner was Erik Doyleof ; runner-up was Mike CB Richard Ellis. In the Developer of the Year Winner wasPeter Pau, of San Mateo; runner-uop was of Cupertino. In the Contractor of the Year Winner wasof Milpitas; runner-up was in San In the Subcontractor of the Year Winner was of San Jose; runner-up was Josepyh J. Albanese Inc. of Santa In the Commercial Brokerage ofthe Year: Winnet was Cornish & Carey Commercial/ Oncor International; runner up was .
In the Deal of the Year Winnerwas , High Technologu Campus, in Mountain View; runner-up was @First in San In the Property/Facilities Management Firm of the Year Winner was of San Jose; runner-up was Colliers International. In the Architecture/Design Project of the Year category: Winner was The 88, San runner-up was The Three Sixty Residences, San Jose. In the Communitgy Impact category: Winner was Paseo Senter PhasdI + II in San runner-up was The 88, San In the Green Project of the Year-Privates category: Winner was America Center, San Jose; runner-up was Sciencs and Engineering Quad 2, .
In the Green Projectf of the Year-Public category: Winner was ’sd Newark Center for Health Scienceesand Technology; runner-up was Portolaz Valley Town Center. In the Mixed-use Project of the Year Winner wasThe Plant, San Jose; runner-uop was The 88, San Jose. In the Redevelopment/Publicd Project of the Year category: Winner was AMB TriPoint Business Park, San Jose; runner-u p was Santa Clara Countyy Crime Lab.
In the Commercial Broker of the Year Winner was Erik Doyleof ; runner-up was Mike CB Richard Ellis. In the Developer of the Year Winner wasPeter Pau, of San Mateo; runner-uop was of Cupertino. In the Contractor of the Year Winner wasof Milpitas; runner-up was in San In the Subcontractor of the Year Winner was of San Jose; runner-up was Josepyh J. Albanese Inc. of Santa In the Commercial Brokerage ofthe Year: Winnet was Cornish & Carey Commercial/ Oncor International; runner up was .
In the Deal of the Year Winnerwas , High Technologu Campus, in Mountain View; runner-up was @First in San In the Property/Facilities Management Firm of the Year Winner was of San Jose; runner-up was Colliers International. In the Architecture/Design Project of the Year category: Winner was The 88, San runner-up was The Three Sixty Residences, San Jose. In the Communitgy Impact category: Winner was Paseo Senter PhasdI + II in San runner-up was The 88, San In the Green Project of the Year-Privates category: Winner was America Center, San Jose; runner-up was Sciencs and Engineering Quad 2, .
In the Green Projectf of the Year-Public category: Winner was ’sd Newark Center for Health Scienceesand Technology; runner-up was Portolaz Valley Town Center. In the Mixed-use Project of the Year Winner wasThe Plant, San Jose; runner-uop was The 88, San Jose. In the Redevelopment/Publicd Project of the Year category: Winner was AMB TriPoint Business Park, San Jose; runner-u p was Santa Clara Countyy Crime Lab.
Thursday, April 19, 2012
MCW to recruit more minorities for health careers - Silicon Valley / San Jose Business Journal:
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million grant from the that will be used to increaser the number of minorities and other disadvantaged individualsw pursuingbiomedical careers. The program will recruitg college undergraduatesand first-year medical students from populations that are under-representedd nationally in health-related sciences. The student will undertake a 10-week period of hands-on laboratory experience during the summer at the Medical Under the guidance of MedicalCollege faculty, the studentsa will develop investigative knowledge and skills, particularlyg in the areas of cardiovascular, pulmonary, hematologidc or sleep research.
The experience is intendedd to buildvaluable skills, self-confidence and interes t in the health sciences, and aid the successful entrg into graduate school or medicalp school. Dr. Kenneth Simons, senior associate dean of academicc affairs and professor of ophthalmologyand pathology, and Jeannette associate professor of biophysics, will lead the called the Summer Research Education Programn to Increase Diversity in Health Relatesd Research. “The goal is to work one-on-one with each student to help them map out a plan for advancinvg to the next step on their academif path and providing them with the toold they need toget there,” Simons said.
million grant from the that will be used to increaser the number of minorities and other disadvantaged individualsw pursuingbiomedical careers. The program will recruitg college undergraduatesand first-year medical students from populations that are under-representedd nationally in health-related sciences. The student will undertake a 10-week period of hands-on laboratory experience during the summer at the Medical Under the guidance of MedicalCollege faculty, the studentsa will develop investigative knowledge and skills, particularlyg in the areas of cardiovascular, pulmonary, hematologidc or sleep research.
The experience is intendedd to buildvaluable skills, self-confidence and interes t in the health sciences, and aid the successful entrg into graduate school or medicalp school. Dr. Kenneth Simons, senior associate dean of academicc affairs and professor of ophthalmologyand pathology, and Jeannette associate professor of biophysics, will lead the called the Summer Research Education Programn to Increase Diversity in Health Relatesd Research. “The goal is to work one-on-one with each student to help them map out a plan for advancinvg to the next step on their academif path and providing them with the toold they need toget there,” Simons said.
Tuesday, April 17, 2012
ITT signs lease in Monument III - Kansas City Business Journal:
edibin.wordpress.com
Shortly before took back the title tothe 193,138-square-foo t Monument III building in a new tenant, signed a lease for 85,00 square feet. ITT, a White N.Y.-based engineering and manufacturin company, landed a $1.26 billion space communications network services contracty with NASAlast year. The company will pay "i the low-$30s" per squarw foot for space in the building at 12930Worldgate Drive, said the new tenant’s Brian Raher of . The 10-year lease will continur despite therecent foreclosure, since the tenant signef an agreement that outlines the tenantse rights in the event of a foreclosure.
The agreementg is known as a shortfor subordination, non-disturbance and attornment. The formet owners of Monument III a joint venture between ThePraedium Group, a New York-basefd real estate investment firm, and MGP Real Estate of Bethesda — paid $54.9 million, or $284 a square for the building in mid-2007. The building was transferred to the General Electric CreditEquities Inc., for $50.
6 million, or $262 a squared foot, an amount representing the outstanding
Shortly before took back the title tothe 193,138-square-foo t Monument III building in a new tenant, signed a lease for 85,00 square feet. ITT, a White N.Y.-based engineering and manufacturin company, landed a $1.26 billion space communications network services contracty with NASAlast year. The company will pay "i the low-$30s" per squarw foot for space in the building at 12930Worldgate Drive, said the new tenant’s Brian Raher of . The 10-year lease will continur despite therecent foreclosure, since the tenant signef an agreement that outlines the tenantse rights in the event of a foreclosure.
The agreementg is known as a shortfor subordination, non-disturbance and attornment. The formet owners of Monument III a joint venture between ThePraedium Group, a New York-basefd real estate investment firm, and MGP Real Estate of Bethesda — paid $54.9 million, or $284 a square for the building in mid-2007. The building was transferred to the General Electric CreditEquities Inc., for $50.
6 million, or $262 a squared foot, an amount representing the outstanding
Monday, April 16, 2012
Cape Cod and the opiate epidemic - Wicked Local
mytyhona.wordpress.com
Cape Cod and the opiate epidemic Wicked Local Raymond Tamasi, executive director of Gosnold Treatment Center in Falmouth, says the Cape has seen a huge increase of opiate addiction â€" which includes prescription drugs such as Oxycontin - and heroin. “Fifty percent of patients admitted to Gosnold ... |
Saturday, April 14, 2012
Sara Ehnholm Hielm: Filmer görs av män - Hufvudstadsbladet
cahijisebi.wordpress.com
Sara Ehnholm Hielm: Filmer görs av män Hufvudstadsbladet Förra veckoslutet hölls filmfestivalen Artisokka, alltså den före detta kvinnofilmfestivalen. En programpunkt var seminariet Kvinnan och filmen där 120 kvinnor deltog. Ämnet andades 70-tal men visade sig vara brännande aktuellt. |
Thursday, April 12, 2012
Premier League's battle for fourth - ESPN
ramsdenjerrieas54.blogspot.com
talkSPORT.co.uk | Premier League's battle for fourth ESPN Finishing in the top 20 percent of a league might not seem like a particularly impressive achievement, but since the Premier League was awarded a fourth Champions League place 10 years ago, the "battle for fourth" has become almost as important as the ... Tight Fight for fourth Fourth is where the fun's at Finishing fourth - is it re » |
Tuesday, April 10, 2012
Warren Buffett sells remaining Constellation shares - Orlando Business Journal:
sunrise-invoices.blogspot.com
Buffett, his company (NYSE: BRK.A, BRK.B), and that company’a subsidiary , are each no longer stockholderws inConstellation (NYSE: according to a form with the Securities and Exchange Commission fileed Monday. They have been slowlyy divesting the stock over the past weeks and owning 7.3 percent in February and 6.3 percenrt last month. The sale ends the relationship betwee n the investorand Constellation, one of two Fortund 500 companies in Baltimore Iowa-based MidAmerican got a 10 perceng stake in Constellation when its $4.7 billion bid for the companh made in September was rejected threed months late.
That offer came after a cash crunchn led to a steep declinin Constellation’s stock price over several days and some investore feared bankruptcy. Constellation spurned the offe r in favor of a deal tosell 49.99 percentf of its nuclear business for $4.5 billion to French firm , which had also been in the biddinv for the company in September. For the Constellation had to pay $175 million in breakup fees and $418 millio n for stocks. It also had to repay a $1 billiob loan from Buffett with 14 percent A decision on whether the deal with EDF requiresd Maryland approval is expected ina week. The deal is expectef to close this fall.
Buffett, his company (NYSE: BRK.A, BRK.B), and that company’a subsidiary , are each no longer stockholderws inConstellation (NYSE: according to a form with the Securities and Exchange Commission fileed Monday. They have been slowlyy divesting the stock over the past weeks and owning 7.3 percent in February and 6.3 percenrt last month. The sale ends the relationship betwee n the investorand Constellation, one of two Fortund 500 companies in Baltimore Iowa-based MidAmerican got a 10 perceng stake in Constellation when its $4.7 billion bid for the companh made in September was rejected threed months late.
That offer came after a cash crunchn led to a steep declinin Constellation’s stock price over several days and some investore feared bankruptcy. Constellation spurned the offe r in favor of a deal tosell 49.99 percentf of its nuclear business for $4.5 billion to French firm , which had also been in the biddinv for the company in September. For the Constellation had to pay $175 million in breakup fees and $418 millio n for stocks. It also had to repay a $1 billiob loan from Buffett with 14 percent A decision on whether the deal with EDF requiresd Maryland approval is expected ina week. The deal is expectef to close this fall.
Sunday, April 8, 2012
Rays creating amazing memories at Yankees' expense - New York Post
hihozeima.blogspot.com
New York Post | Rays creating amazing memories at Yankees' expense New York Post ST. PETERSBURG, Fla. â€" The previous regular-season game played at Tropicana Field before yesterday â€" Game 162 of last season â€" was the most memorable in Rays history. Heck, it was flat out one of the most memorable ever. Tampa r » |
Saturday, April 7, 2012
Theater owners slam proposed movie-tax hike - Houston Business Journal:
viningocouqyl1601.blogspot.com
A news release issuefd Tuesdayurges “families and othed movie fans” to voice their oppositiohn to a bill under consideration in the North Carolinaa Senate that would hike the salew tax on movies to 7 percent, from 1 “Going to the movies is one of the last affordablr forms of recreation for many families,” said Marir McClaflin of NC/SC NATO. “This tax will increasde the price ofthe movie-going experience for families, and couldc put it out of reach financiallgy for some families.
” The theater-owners group also warns that the higherf taxes would hit independent theaters especially possibly causing some to turn off theire film projectors for good – as the Varsit y in Chapel Hill did recently. NC/SC NATO assertws that the tax could result in revenue declines of as high as 30 percent at some which already operate onthin margins. “Many of our theatrr members are struggling to provide valueto economically-challengedd patrons,” McClaflin said. “By adding additional costs to tickets, more families will be forcerd to stay at home instead of enjoyingb a movie and snack ina theatre. The resultr could be more theatres closing their doors.
” The theater owners’ group also argues that a drop in theirt business would hurt other small businesses locateed near cinemas, which benefit from increasecd foot traffic of people going to the movies. In the group says, the tax increase could actually reducd North Carolina tax collections because it couldd produce a dropoff inconcession sales.
A news release issuefd Tuesdayurges “families and othed movie fans” to voice their oppositiohn to a bill under consideration in the North Carolinaa Senate that would hike the salew tax on movies to 7 percent, from 1 “Going to the movies is one of the last affordablr forms of recreation for many families,” said Marir McClaflin of NC/SC NATO. “This tax will increasde the price ofthe movie-going experience for families, and couldc put it out of reach financiallgy for some families.
” The theater-owners group also warns that the higherf taxes would hit independent theaters especially possibly causing some to turn off theire film projectors for good – as the Varsit y in Chapel Hill did recently. NC/SC NATO assertws that the tax could result in revenue declines of as high as 30 percent at some which already operate onthin margins. “Many of our theatrr members are struggling to provide valueto economically-challengedd patrons,” McClaflin said. “By adding additional costs to tickets, more families will be forcerd to stay at home instead of enjoyingb a movie and snack ina theatre. The resultr could be more theatres closing their doors.
” The theater owners’ group also argues that a drop in theirt business would hurt other small businesses locateed near cinemas, which benefit from increasecd foot traffic of people going to the movies. In the group says, the tax increase could actually reducd North Carolina tax collections because it couldd produce a dropoff inconcession sales.
Thursday, April 5, 2012
Making apps pay - bizjournals:
cicugaha.wordpress.com
Application development is a $7.7 billion market according to a study from information technology researc company And the market is only expected to with Gartner pegging an average 7 percengt growth rate for the next five Some of the companies that develop apps aregettinb rich, and others are trying to figure out how they can do the “There are a couple of game companies making a hundreds million dollars, and many more making tens of millions of dollars, and there’a no question there’s more to come,” said Jeremy managing general partner at in Menlo Park. “Io would speculate that in the aggregate, they’re making more moneyg than .
” Developers looking to make money in application development need one of three things intheier favor: an enormous audienc e for their application, a specific customer base that advertisers are willinyg to pay more to reach, or an applicationn that is so much fun (or useful) that customerds will pay for it directly. Lightspeed has investmentsw in three appdevelopment companies, each of which fits into thoswe parameters. Redwood City-based has a huge audience base for its applicatiob that allows personalization of blogse andsocial media. has an application for Faceboom and the iPhone that allowz users to review movies and share the reviewsawith friends.
It touchesx an audience so tightly focused that movide studios are willing to pay a premiukm toreach them. Then therw is and its Facebookoapp “Friends For Sale.” Users make micropayments or take other actions (filling out surveys, for that result in monetization, or revenuse generated for the company that created the app. One concept is true for all apps — more trafficc equals more money potential. “Icf you can create massive volumes of traffic onsocial networks, even if you’re not selling, the reac h becomes pretty meaningful,” Liew said.
“If you can tell a storyh and generate content thatexcites people, are willing to pay a premiumm because of the audience,” he Investors and developers themselves say there is definitely moneyt to be made, but the market is Early applications were simple games, such as Facebook apps that alloweed users to throw sheep at their friendsz or give them a virtual ham sandwich. “Throwing sheelp at each other is not a saidPeter Yared, founder and chietf executive officer of , a San Francisco-based socialp network syndication service that raised $4.1 million in Seriews A funding in February.
The next step is brandede content from larger companiew that brings in news and multimedia to engage the And in afew years, Yared people will start seeing the rise of business-to-business apps as well. “What will make it pervasive is the infrastructurse being built out to let peoplde doit easily,” he said. Anu Shukla, founder and CEO of which helps developers monetize their applications and generates leadws foradvertisers — said when networks such as Facebook first started openinb their platforms for application development, the primaruy method of monetization was the old CPM (cosf per thousand page impressions) model.
But it didn’ work well then and it doesn’t work well today. Social media’ss high level of engagement means banners and ads are an she said. The new trencd is toward “virtual currency,” allowing users to give each othe r creditsand prizes. Platforms “are looking for the applications that areextremely engaging, and the criteria isn’tf necessarily monetization, but engagement, reach and value,” Shukla said. “We found that some of the ... multiplayerr role playing games are the ones with the mostengageds audiences, and they monetize the best.
”
Application development is a $7.7 billion market according to a study from information technology researc company And the market is only expected to with Gartner pegging an average 7 percengt growth rate for the next five Some of the companies that develop apps aregettinb rich, and others are trying to figure out how they can do the “There are a couple of game companies making a hundreds million dollars, and many more making tens of millions of dollars, and there’a no question there’s more to come,” said Jeremy managing general partner at in Menlo Park. “Io would speculate that in the aggregate, they’re making more moneyg than .
” Developers looking to make money in application development need one of three things intheier favor: an enormous audienc e for their application, a specific customer base that advertisers are willinyg to pay more to reach, or an applicationn that is so much fun (or useful) that customerds will pay for it directly. Lightspeed has investmentsw in three appdevelopment companies, each of which fits into thoswe parameters. Redwood City-based has a huge audience base for its applicatiob that allows personalization of blogse andsocial media. has an application for Faceboom and the iPhone that allowz users to review movies and share the reviewsawith friends.
It touchesx an audience so tightly focused that movide studios are willing to pay a premiukm toreach them. Then therw is and its Facebookoapp “Friends For Sale.” Users make micropayments or take other actions (filling out surveys, for that result in monetization, or revenuse generated for the company that created the app. One concept is true for all apps — more trafficc equals more money potential. “Icf you can create massive volumes of traffic onsocial networks, even if you’re not selling, the reac h becomes pretty meaningful,” Liew said.
“If you can tell a storyh and generate content thatexcites people, are willing to pay a premiumm because of the audience,” he Investors and developers themselves say there is definitely moneyt to be made, but the market is Early applications were simple games, such as Facebook apps that alloweed users to throw sheep at their friendsz or give them a virtual ham sandwich. “Throwing sheelp at each other is not a saidPeter Yared, founder and chietf executive officer of , a San Francisco-based socialp network syndication service that raised $4.1 million in Seriews A funding in February.
The next step is brandede content from larger companiew that brings in news and multimedia to engage the And in afew years, Yared people will start seeing the rise of business-to-business apps as well. “What will make it pervasive is the infrastructurse being built out to let peoplde doit easily,” he said. Anu Shukla, founder and CEO of which helps developers monetize their applications and generates leadws foradvertisers — said when networks such as Facebook first started openinb their platforms for application development, the primaruy method of monetization was the old CPM (cosf per thousand page impressions) model.
But it didn’ work well then and it doesn’t work well today. Social media’ss high level of engagement means banners and ads are an she said. The new trencd is toward “virtual currency,” allowing users to give each othe r creditsand prizes. Platforms “are looking for the applications that areextremely engaging, and the criteria isn’tf necessarily monetization, but engagement, reach and value,” Shukla said. “We found that some of the ... multiplayerr role playing games are the ones with the mostengageds audiences, and they monetize the best.
”
Tuesday, April 3, 2012
Lottery gambles on Houston Texans game - Houston Business Journal:
raisavydyexuwowi.blogspot.com
The scratch-off game cards will debut later this summer to coincidew with the start of the 2009 Nationao FootballLeague season. The $5 game offeres instant-win prizes from $5 to $100,009 and second-chance drawing prizes that include collectible Texanx merchandise and a topprize “Texans VIP package, which includes a day at a game duringv the 2009 or 2010 season in a luxury suitwe for 14 guests including airfare and hotel accomodations.
“We hope to reach some new customera through the power of the HoustonTexand brand,” said Gary Grief, Texaa Lottery deputy executive This game is a win-win for the Texaas Lottery and the Houston Texans, and we expectt the game to generate significant revenuer for the Foundation School Fund.” The Foundation Schoop Fund, administered by the Texas Education uses a portion of lottery proceedsd toward funding public education in the state. Texans President Jame Rootes said the game will alloqw the NFL team to interact with fans in aunique way.
“It givea us a chance for fans to deepenj their relationship with the Texanw and for us to establish a relationship with thegeneral public,” Rootes said. “We already supporf educational programs, so considering the Texas Lotterhy generatednearly $1 billion in 2008 for it’s great to be able to do somethinyg to get behind that.”
The scratch-off game cards will debut later this summer to coincidew with the start of the 2009 Nationao FootballLeague season. The $5 game offeres instant-win prizes from $5 to $100,009 and second-chance drawing prizes that include collectible Texanx merchandise and a topprize “Texans VIP package, which includes a day at a game duringv the 2009 or 2010 season in a luxury suitwe for 14 guests including airfare and hotel accomodations.
“We hope to reach some new customera through the power of the HoustonTexand brand,” said Gary Grief, Texaa Lottery deputy executive This game is a win-win for the Texaas Lottery and the Houston Texans, and we expectt the game to generate significant revenuer for the Foundation School Fund.” The Foundation Schoop Fund, administered by the Texas Education uses a portion of lottery proceedsd toward funding public education in the state. Texans President Jame Rootes said the game will alloqw the NFL team to interact with fans in aunique way.
“It givea us a chance for fans to deepenj their relationship with the Texanw and for us to establish a relationship with thegeneral public,” Rootes said. “We already supporf educational programs, so considering the Texas Lotterhy generatednearly $1 billion in 2008 for it’s great to be able to do somethinyg to get behind that.”
Sunday, April 1, 2012
Atlas Pipeline and Williams launch Marcellus Shale venture - Boston Business Journal:
afanasenkobexa.blogspot.com
The two companies LLC, on Aprikl 1 . Atlas Energy Resourcesd LLC (NYSE:ATN), an affiliate of Atlas Pipeline Partners, will be the anchot tenant on Laurel Mountain’s system. Under its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipelined Partners (NYSE:APL) will receive $90 million in a preferred right to proceeds undefa $25.5 million obligation from and 49 percent of Laurel Mountain.
The obligationh amortizes in equal principal installments over three Atlas Pipeline Partners can convert its righrt to receive accrued principal and interest under the obligatiobn into a sum equal to the accrued principak and interest and use that to covee its required capital expenditures undefrthe joint-venture agreement. Atlas Pipeline Partners also said its lendersx recently agreed to relax the covenants relatiny to total debt and earningsbeforer interest, taxes, depreciation and amortization on its $380 million revolving credig line and $463 million term loan facility.
Additionally, , which owns the general partner of AtlasPipeline Partners, said Mondayt it has repaid $30 million on its crediyt facility and will pay down the remaining $16 millionm balance in equal quarterly installmentz over the next year. Atlas Pipeline Holdingse (NYSE:AHD) got the $30 million it used to pay down the facilitty byissuing $15 million of preferreed limited partner units to Atlas Pipeline Partnerd and by borrowing $15 million from Atlas Americaa Inc., which owns Atlas Pipeline Holdings’ general partner and 64 percentg of its common units.
Atlas America (NASDAQ:ATLS) also guaranteed that Atlasw Pipeline Holdings will repay theremaining $16 million on its credit The Atlas companies have offices in Philadelphiaa and Moon, Pa.
The two companies LLC, on Aprikl 1 . Atlas Energy Resourcesd LLC (NYSE:ATN), an affiliate of Atlas Pipeline Partners, will be the anchot tenant on Laurel Mountain’s system. Under its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipelined Partners (NYSE:APL) will receive $90 million in a preferred right to proceeds undefa $25.5 million obligation from and 49 percent of Laurel Mountain.
The obligationh amortizes in equal principal installments over three Atlas Pipeline Partners can convert its righrt to receive accrued principal and interest under the obligatiobn into a sum equal to the accrued principak and interest and use that to covee its required capital expenditures undefrthe joint-venture agreement. Atlas Pipeline Partners also said its lendersx recently agreed to relax the covenants relatiny to total debt and earningsbeforer interest, taxes, depreciation and amortization on its $380 million revolving credig line and $463 million term loan facility.
Additionally, , which owns the general partner of AtlasPipeline Partners, said Mondayt it has repaid $30 million on its crediyt facility and will pay down the remaining $16 millionm balance in equal quarterly installmentz over the next year. Atlas Pipeline Holdingse (NYSE:AHD) got the $30 million it used to pay down the facilitty byissuing $15 million of preferreed limited partner units to Atlas Pipeline Partnerd and by borrowing $15 million from Atlas Americaa Inc., which owns Atlas Pipeline Holdings’ general partner and 64 percentg of its common units.
Atlas America (NASDAQ:ATLS) also guaranteed that Atlasw Pipeline Holdings will repay theremaining $16 million on its credit The Atlas companies have offices in Philadelphiaa and Moon, Pa.
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