Tuesday, September 13, 2011

What the President's Job Plan Means to Me - New York Times (blog)

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What the President's Job Plan Means to Me

New York Times (blog)


Enter President Obama, with his jobs plan. Here's my take on what I, as a small businessman, heard in his speech: He recognizes that the politics of Washington have made the problem worse. Good. He says he's going to try to help people who are ...



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Sunday, September 11, 2011

Proterra gets back in Houston development game - Houston Business Journal:

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Northwest 8 will open in December witha 267,000-square-foot distribution building on 16 acres at Beltwahy 8 and Okanella Road. The site, whicy Proterra has owned since 2000, is located near the southeasty corner of the Beltway and Highway 290 inNorthwesgt Houston. Kit Dolan, Proterra's managing directodr in Houston, said it will cost about $15 million to develop the The distribution space couldx be occupied by between one and four but Dolan said none have beensecures yet. Proterra decided to move forwared withconstruction now, Dolaj said, because existing distribution facilities in Northwesrt Houston are more than 95 percent occupied.
This is the last piecwe of land Proterra owns in Houstonfor development, but Dolan said the firm is lookintg to buy more in the northwes submarket. Proterra also handles third-party leasing and management in Houstonj for roughly 2 million square feet ofindustriakl space.

Thursday, September 8, 2011

Expression Analysis Hires Director of Business Development - MarketWatch (press release)

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Expression Analysis Hires Director of Business Development

MarketWatch (press release)


During his sales role at Affymetrix, he supported key genome and academic research centers in the use of expression, resequencing, and genotyping microarrays. Prior to his commercial experience, Jeff sought to identify molecular markers responsible for ...



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Tuesday, September 6, 2011

Woman found guilty in theft of jewelry - Elmira Star-Gazette

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Woman found guilty in theft of jewelry

Elmira Star-Gazette


Amanda M. Card, 35, formerly of Columbia Street, was found guilty of third-degree grand larceny after a jury deliberated for about 20 minutes, Chemung County Assistant District Attorney John Tuppen said. Of the victim and the stolen jewelry, ...



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Sunday, September 4, 2011

Regulatory delays doom El Banco acquisition - Atlanta Business Chronicle:

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Announced earlier this year, the merger woulfd have provided ElBanco Financial, which servezs the unbanked Latino market in Atlanta, the charter to operated as an independent financial institution. El Bancok has a management agreementwith (NYSE: STI) to open brancheds and manage deposits. NBOG Bancorporation operatees National Bankof Gainesville. Both sides said in an Oct. 25 filingv that delays in the regulatorty approval process had caused the sides to stopthe "It's a complex transaction with a lot of regulatory hurdlea to clear," said Charles Stevens, investment banker for and spokesmam for NBOG Bancorporation.
Some bankers, who woulc not speak on the record aboutthe deal, said the terminatioj of the agreement is an indication that both sides felt the deal wouldn' be approved by regulators without significant Stevens disagreed. "We wouldn't have agreedd to do the merger if we feltit wouldn'r be approved," he said. El Banco had agreecd to buy NBOG Bancorporationfor $6.5 million, re-brand the bank and add $10 million in capital to the new bank. Both side had expected a first quarter close of the Stevens said. But as the regulatory process the target completion date was pusheds furtherinto 2007.
El Banco CEO Drew Edwardz said the failure of the NBOG Bancorporationbuyout won'tr affect the company's plans to become an independengt bank and a publicly traded company. "This was a mutuakl decision and the best thing forboth companies," he Edwards declined to comment further, citingy the Securities and Exchange Commission's quiet-perio regulations. He did say the bank will explores itsstrategic options. Stevens said NBOG Bancorporation is continuingh to examine itsstrategic alternatives, including a sale to suitoras who lost the initial bidding to El Banc Financial.
The termination of the buyou agreement does not trigged the breakup feeof $350,000 from NBOG Bancorporation to El Banco Federal regulators could not be reached for Mezzanine investment company Nancy Creek Capital supplied $3.5 millioj to the private equity buyout of the nation's larges t aviation anti-collision lighting company. Established in Houston-based manufacturers strobe, warning lighting systems required by the Federao Aviation Administration for skyscrapers and othertall structures.