ywyjihu.wordpress.com
Spokesman Pat McMahon said PNC (NYSE: PNC) is committec to National City Mortgage and theDayton area, but as a resulg of the merger, it is looking to eliminates 5,800 positions throughout its geographivc presence. PNC now has 2,500 Dayton-area employeesw at both its banking andmortgage operations, but McMahob would not say how many locakl workers would be cut. “We have a significanf presence inMiami Township, but we have said all alonf there would be job impacr as a part of the merged McMahon said. He said PNC is not breakinbg out staff reductions by geographic locatio orbusiness unit, but it will provide informatiobn on “expense reductions” in its quarterly updates.
PNC has a goal of reducingg expensesby $1.2 billion, part of which will come througyh a reduction in employment. McMahonb said it is too early to say what the net outcome will be inMiamii Township, but the company’s long-term strategy is to grow the company and add “We have a meaningfuk presence in the Dayton area. It’s an important markeft and we want to be aggressive McMahon said. As a part of the merger, Nationalp City branch locations in the Dayton area are schedule d to beginbeing re-branded as PNC branches in the first half of 2010.
Friday, October 14, 2011
Wednesday, October 12, 2011
Streamline jumps into black for 1Q - Portland Business Journal:
adamovaichive.blogspot.com
The software company reported net income of or zero centsper share, compared to a net loss of or 9 cents per in the year-ago quarter. Revenuez grew to $3.8 million from $3.6 million. The one analystt who covers the company expected a net loss of 2 centws on revenuesof $3.5 million. Systems sale and service, maintenance and support revenues both rose 12 perceng duringthe quarter, while applicatiom hosting services revenues fell 23 the company said in a news release.
“We continure to make progress in moving this businesd forward to the poin of becomingconsistently profitable; that is our main strategic said CEO Brian Patsy in the In early June, Streamline won a contract valued at more than $1 milliojn to integrate its document workflow solutions into an electronid medical records system at a Canadianb health care region, Patsy It is the second Canadian contract the company has won in the past Despite the better news, share s of Streamline (NASDAQ: followed most tech stocks down on Wednesdauy morning, losing more than 8 percent, or 26 cents, to Streamline Health Solutions, based in Cincinnati, is a supplier of workflo w and document management tools, applications and servicea to businesses, specifically health-care
The software company reported net income of or zero centsper share, compared to a net loss of or 9 cents per in the year-ago quarter. Revenuez grew to $3.8 million from $3.6 million. The one analystt who covers the company expected a net loss of 2 centws on revenuesof $3.5 million. Systems sale and service, maintenance and support revenues both rose 12 perceng duringthe quarter, while applicatiom hosting services revenues fell 23 the company said in a news release.
“We continure to make progress in moving this businesd forward to the poin of becomingconsistently profitable; that is our main strategic said CEO Brian Patsy in the In early June, Streamline won a contract valued at more than $1 milliojn to integrate its document workflow solutions into an electronid medical records system at a Canadianb health care region, Patsy It is the second Canadian contract the company has won in the past Despite the better news, share s of Streamline (NASDAQ: followed most tech stocks down on Wednesdauy morning, losing more than 8 percent, or 26 cents, to Streamline Health Solutions, based in Cincinnati, is a supplier of workflo w and document management tools, applications and servicea to businesses, specifically health-care
Monday, October 10, 2011
William Boyd Printing site sold for $1.3M - Business First of Columbus:
zyluzugizovota.blogspot.com
Ltd., an affiliate of Cos. in Clifton Park, closede on the $1.3 million purchase on June 3. Cass Hill intendz to convert theformer 1.3-acre industrialo site at 39-49 Sheridan Ave. into an office/retail/residentialo project. The property is located behinsthe & Suites on Chape l Street, near the heart of the city’s entertainmenft district. Tony Sabatino of represented the Cass Hill was represented by Eileen Lindbertof /Albany. Marc H. president of Cass Hill Development Cos., couldn’t be reachec for comment. Cass Hill owns several propertiees downtown, including a 30,000-square-foot office building on Monros Street across from the formerprintinyg plant.
Boyd Printing filed for Chapter 11 bankruptcy protection inSeptembe 2005. A federal bankruptcy judge in Marcjh 2008 approved the sale of the buildings to help satisfythe company’se debts. Some of the company’s assetss were purchased by Carl Johnson, an officer at Boyd who opened aseparate corporation, Inc., in Previous deals for the Sheridan Avenue property fizzled before Cass Hill signed a purchase contracty last year.
Ltd., an affiliate of Cos. in Clifton Park, closede on the $1.3 million purchase on June 3. Cass Hill intendz to convert theformer 1.3-acre industrialo site at 39-49 Sheridan Ave. into an office/retail/residentialo project. The property is located behinsthe & Suites on Chape l Street, near the heart of the city’s entertainmenft district. Tony Sabatino of represented the Cass Hill was represented by Eileen Lindbertof /Albany. Marc H. president of Cass Hill Development Cos., couldn’t be reachec for comment. Cass Hill owns several propertiees downtown, including a 30,000-square-foot office building on Monros Street across from the formerprintinyg plant.
Boyd Printing filed for Chapter 11 bankruptcy protection inSeptembe 2005. A federal bankruptcy judge in Marcjh 2008 approved the sale of the buildings to help satisfythe company’se debts. Some of the company’s assetss were purchased by Carl Johnson, an officer at Boyd who opened aseparate corporation, Inc., in Previous deals for the Sheridan Avenue property fizzled before Cass Hill signed a purchase contracty last year.
Saturday, October 8, 2011
Obama fundraiser took active interest in Solyndra loan, emails show - Los Angeles Times
http://www.0et0.com/2006/babynames/bm-bz.html
Los Angeles Times | Obama fundraiser took active interest in Solyndra loan, emails show Los Angeles Times Steven Spinner, an Energy Department advisor whose wife worked for a law firm representing Solyndra, may have done more than simply monitor the progress of the $535-million loan guarantee to the now-bankrupt company, White House emails indicate. ... House GOP: Emails show Energy Dept. thwarted Treasury on Solyndra Emails raise fresh questions on Obama energy loan White House sends Solyndra emails to Congress |
Thursday, October 6, 2011
Second Life's Linden Lab sells virtual realities to businesses - San Francisco Business Times:
http://www.lamontanita.org/culinaryvoyages.htm
Until the middle of last year, Seconfd Life was languishing atabout 500,000 activee users, meaning people who stayed in-worlrd for an hour or more each Company officials attribute much of the recenr growth as well as rising interestf from corporations to their introductio of a voice over Internet technologyh in August 2007 that provides for three dimensionak spatial telephony — meaning that sounds occurring on the left in Secone Life are heard as being on the left by the “You can literally just walk up to a group and engagwe in conversation.
You actually hear the voices of peopl around youin 3-D,” said Joe Miller, vice presiden of platform and technology The company recently announced that througb last month it had transmitted 15 billion minutes of voices activity. “It’s a pretty astounding number,” Miller Second Life averages morethan 50,000 concurrent voicee users, with 700,000 unique users consuming more than a billionn minutes a month. In addition to voice, Secondd Life allows use of streaming video, document sharing and publix and private texting with groupseand individuals.
The platform supports 15 languageszand real-time text chat translators are Linden Lab says it will soon offer companieas the ability to have encrypted conversations on the open Internet and the ability to have peoplew not registered in Second Life call into the worlf by telephone. Industry analyst Ericq Driver believes virtual worlds hold such promisee for businesses that last year she left her job at Forrestedr Researchto co-found a consultin firm, , to focu exclusively on the subject. Seconr Life commands 90 percent of thenascent market, accordingf to Driver, but has numerous competitors, includinbg Forterra Systems of San Mateo, Qwaq of Redwoocd City and Proton Media of Maryland.
Linden Lab is one of her “I wanted to get in on the ground Driver said. Dan Parks, president and creative director ofOrange County-basesd Corporate Planners Unlimited Inc., started a division of his companyy a year ago called that hostz and manages conferences and eventds for companies in Second Life. Last Parks said his phone begahn ringing off the hook as companies suddenly begann looking for ways to eliminate and now Virtualis isthe fastest-growing part of his Parks said he has five people working full time on and another 15 people he pull s in part time to help train new users for “The quality and names of companies have jumped,” he said.
“Allo of the stars and everythinfgaligned perfectly.” Companies that have used Virtualisw include Deloitte, and , which hosted an event with 75 peopl that included team building activitiezs such as a scavenger hunt and a skydivinb competition, Parks said. The Virtualise compound includes a classic conventiohn centerexhibition hall, more than 34,000 square yards of meetinvg rooms with video screens, and the Virtualis Dome, with seatinb capacity for 350 (the largest eventr he’s hosted had 320 people).
Outside, therde are tranquil gardens and fountains, an oceajn vista and a yacht conveniently parked nearby for Virtualis also has a classic board of directors meeting room with a long table and 24leather chairs. To answetr company concerns that participants out in the real worldx might not pay attention tothe in-world goings on, Virtualiw can send periodic messagea to individuals asking them to click on an orb in the centerd of the table. In addition to traditionak corporatemeeting spaces, Virtualis offere more unconventional rooms, such as one where avatars can float on cloud-like chairs surrounded by the Tokyoo skyline at night.
At one the CEO asked for a Ferrarui F50 that he could drive onto a stagre in front ofhis “The hardest thing for most peoplde to grasp is that anything your mind can we can create it here,” Parka said.
Until the middle of last year, Seconfd Life was languishing atabout 500,000 activee users, meaning people who stayed in-worlrd for an hour or more each Company officials attribute much of the recenr growth as well as rising interestf from corporations to their introductio of a voice over Internet technologyh in August 2007 that provides for three dimensionak spatial telephony — meaning that sounds occurring on the left in Secone Life are heard as being on the left by the “You can literally just walk up to a group and engagwe in conversation.
You actually hear the voices of peopl around youin 3-D,” said Joe Miller, vice presiden of platform and technology The company recently announced that througb last month it had transmitted 15 billion minutes of voices activity. “It’s a pretty astounding number,” Miller Second Life averages morethan 50,000 concurrent voicee users, with 700,000 unique users consuming more than a billionn minutes a month. In addition to voice, Secondd Life allows use of streaming video, document sharing and publix and private texting with groupseand individuals.
The platform supports 15 languageszand real-time text chat translators are Linden Lab says it will soon offer companieas the ability to have encrypted conversations on the open Internet and the ability to have peoplew not registered in Second Life call into the worlf by telephone. Industry analyst Ericq Driver believes virtual worlds hold such promisee for businesses that last year she left her job at Forrestedr Researchto co-found a consultin firm, , to focu exclusively on the subject. Seconr Life commands 90 percent of thenascent market, accordingf to Driver, but has numerous competitors, includinbg Forterra Systems of San Mateo, Qwaq of Redwoocd City and Proton Media of Maryland.
Linden Lab is one of her “I wanted to get in on the ground Driver said. Dan Parks, president and creative director ofOrange County-basesd Corporate Planners Unlimited Inc., started a division of his companyy a year ago called that hostz and manages conferences and eventds for companies in Second Life. Last Parks said his phone begahn ringing off the hook as companies suddenly begann looking for ways to eliminate and now Virtualis isthe fastest-growing part of his Parks said he has five people working full time on and another 15 people he pull s in part time to help train new users for “The quality and names of companies have jumped,” he said.
“Allo of the stars and everythinfgaligned perfectly.” Companies that have used Virtualisw include Deloitte, and , which hosted an event with 75 peopl that included team building activitiezs such as a scavenger hunt and a skydivinb competition, Parks said. The Virtualise compound includes a classic conventiohn centerexhibition hall, more than 34,000 square yards of meetinvg rooms with video screens, and the Virtualis Dome, with seatinb capacity for 350 (the largest eventr he’s hosted had 320 people).
Outside, therde are tranquil gardens and fountains, an oceajn vista and a yacht conveniently parked nearby for Virtualis also has a classic board of directors meeting room with a long table and 24leather chairs. To answetr company concerns that participants out in the real worldx might not pay attention tothe in-world goings on, Virtualiw can send periodic messagea to individuals asking them to click on an orb in the centerd of the table. In addition to traditionak corporatemeeting spaces, Virtualis offere more unconventional rooms, such as one where avatars can float on cloud-like chairs surrounded by the Tokyoo skyline at night.
At one the CEO asked for a Ferrarui F50 that he could drive onto a stagre in front ofhis “The hardest thing for most peoplde to grasp is that anything your mind can we can create it here,” Parka said.
Tuesday, October 4, 2011
Relm Wireless gets $1.1M in orders - St. Louis Business Journal:
asozyrab.wordpress.com
million from agencies of the andthe . The ordersz include the company's new digitalp P25 KNG products and itsflagship D-Series digitalo P-25 products. The orders shouls be fulfilled during the second quarterof 2009. APCO Project 25, or P25, requiresz interoperability among compliant equipment regardless ofthe manufacturer. It’s a standard established by the Associationof Public-Safeth Communications Officials and is approvec by the . The shift toward interoperabilit gained momentum as a resultf of significant communications failures during events such asthe 11, 2001, terrorist attacks and Hurricane Relm was among the first manufacturers to develop P25-complianr technology.
Relm Wireless (AMEX: RWC) is a 60-year-olr firm that makes two-way communications equipmentr for public safety professionals andgovernment agencies. Its radios are also used in a wide rang of commercial andindustrial applications. The company is basec in West Melbourne. Relm stocm has traded in a 52-week range between 41 cents and OnMay 21, it was trading at about $1.05.
million from agencies of the andthe . The ordersz include the company's new digitalp P25 KNG products and itsflagship D-Series digitalo P-25 products. The orders shouls be fulfilled during the second quarterof 2009. APCO Project 25, or P25, requiresz interoperability among compliant equipment regardless ofthe manufacturer. It’s a standard established by the Associationof Public-Safeth Communications Officials and is approvec by the . The shift toward interoperabilit gained momentum as a resultf of significant communications failures during events such asthe 11, 2001, terrorist attacks and Hurricane Relm was among the first manufacturers to develop P25-complianr technology.
Relm Wireless (AMEX: RWC) is a 60-year-olr firm that makes two-way communications equipmentr for public safety professionals andgovernment agencies. Its radios are also used in a wide rang of commercial andindustrial applications. The company is basec in West Melbourne. Relm stocm has traded in a 52-week range between 41 cents and OnMay 21, it was trading at about $1.05.
Saturday, October 1, 2011
Defense business gets on the radar with method for quantifying growth - Tampa Bay Business Journal:
framptongeqeaqu1461.blogspot.com
The PCE Florida Aerospace Defense Industry Indexincludes Florida-based companiex with a market value between $1 million and $250 annual revenue of at leastr $500,000, and timely filings with the . Five of the 13 companiees currently included in the index are from theBay (OTC BB: AACS) in (AMEX: AIM) in (OTC BB: BLGA) in Clearwater; ( : in Clearwater; and (OTC BB: in St. Petersburg. The new indedx is the seventh developedby , whicyh is part of the Orlando-based PCE family of companies. It focusezs on aerospace and defense because that sectort is an important part of the Florida especiallycentral Florida, said J. Clay who directs the indexes.
"These kindxs of companies are a mainstay of theFlorida economy," Singletonj said. "They don't get the attention that or Disney do, and they're certainlyy not a household name, but there's a lot of them in Small companies, such as Aerosonic with a market cap ofabout $27.65 million, have a hard time attracting analyst attention, said Mark executive VP of sales and marketing at the aircraff instrument manufacturing firm. He is amon g the executives who welcome the investodr focus the indexcould bring.
"It bringsd attention to what we're doing, and puts us in fronft of people who may have not been awaresof us," said Billy Robinson, CEO of Cyberd Defense Systems. Robinson said inclusion on any indexx is an honor for asmalpl micro-cap and may open opportunitiews for Cyber Defense, whichh designs and develops unmanned air vehicles. Anythinh that helps BlastGard's exposure with the military is welcomed, said Michaepl Gordon, CFO and VP of corporate administration at the which makes materials designed to mitigate the effectsx of explosions andsuppress fires.
The indesx also will provide a window into the hundredxs of privately held companies in the aerospace and defense industruin Florida, for whicu information is hard to come by, said a finance professor at in Winter Park. Many of those privatre companies in the Bay area are drawn by the presence of theat , said Michael an aerospace and defense industry specialist for , a sisteer company to PCE Indexes. The market performance of public companies provide a benchmark for private helping them determine if the time is right to sell the companh or make other majorbusinessx decisions, Langman said.
The aerospace and defensde industry is cyclical but going well atthis time, said who joined PCE about three months ago after workingt on mergers and acquisitionw for and for PricewaterhouseCoopers. Althouguh the new index was officiallt launchedin mid-April, the companies on it had a compositde 9.75 percent gain in value between Sept. 22-March 22. The business jet market is doinbespecially well, said Aerosonic'sd Perkins. "There are a lot of new aircraftf coming intothe marketplace, and small companies like ours have the opportunitg to bring new products Perkins said.
The PCE Florida Aerospace Defense Industry Indexincludes Florida-based companiex with a market value between $1 million and $250 annual revenue of at leastr $500,000, and timely filings with the . Five of the 13 companiees currently included in the index are from theBay (OTC BB: AACS) in (AMEX: AIM) in (OTC BB: BLGA) in Clearwater; ( : in Clearwater; and (OTC BB: in St. Petersburg. The new indedx is the seventh developedby , whicyh is part of the Orlando-based PCE family of companies. It focusezs on aerospace and defense because that sectort is an important part of the Florida especiallycentral Florida, said J. Clay who directs the indexes.
"These kindxs of companies are a mainstay of theFlorida economy," Singletonj said. "They don't get the attention that or Disney do, and they're certainlyy not a household name, but there's a lot of them in Small companies, such as Aerosonic with a market cap ofabout $27.65 million, have a hard time attracting analyst attention, said Mark executive VP of sales and marketing at the aircraff instrument manufacturing firm. He is amon g the executives who welcome the investodr focus the indexcould bring.
"It bringsd attention to what we're doing, and puts us in fronft of people who may have not been awaresof us," said Billy Robinson, CEO of Cyberd Defense Systems. Robinson said inclusion on any indexx is an honor for asmalpl micro-cap and may open opportunitiews for Cyber Defense, whichh designs and develops unmanned air vehicles. Anythinh that helps BlastGard's exposure with the military is welcomed, said Michaepl Gordon, CFO and VP of corporate administration at the which makes materials designed to mitigate the effectsx of explosions andsuppress fires.
The indesx also will provide a window into the hundredxs of privately held companies in the aerospace and defense industruin Florida, for whicu information is hard to come by, said a finance professor at in Winter Park. Many of those privatre companies in the Bay area are drawn by the presence of theat , said Michael an aerospace and defense industry specialist for , a sisteer company to PCE Indexes. The market performance of public companies provide a benchmark for private helping them determine if the time is right to sell the companh or make other majorbusinessx decisions, Langman said.
The aerospace and defensde industry is cyclical but going well atthis time, said who joined PCE about three months ago after workingt on mergers and acquisitionw for and for PricewaterhouseCoopers. Althouguh the new index was officiallt launchedin mid-April, the companies on it had a compositde 9.75 percent gain in value between Sept. 22-March 22. The business jet market is doinbespecially well, said Aerosonic'sd Perkins. "There are a lot of new aircraftf coming intothe marketplace, and small companies like ours have the opportunitg to bring new products Perkins said.
Subscribe to:
Posts (Atom)