Moneycontrol.com | Scholastic Updates Fiscal 2012 Earnings Guidance MarketWatch (press release) NEW YORK, April 30, 2012 /PRNewswire via COMTEX/ -- Scholastic Corporation (NASDAQ:SCHL) , the global children's publishing, education and media company, announced today that it was increasing its earnings guidance for the fiscal year ending May 31, ... Scholastic Raises Outlook, Citing 'Hunger Games' |
Monday, April 30, 2012
Scholastic Updates Fiscal 2012 Earnings Guidance - MarketWatch (press release)
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Saturday, April 28, 2012
Thursday, April 26, 2012
Hotties travel for free on dating site - New York Daily News
obofym.wordpress.com
New York Daily News | Hotties travel for free on dating site New York Daily News Miss Travel pairs attractive women with generous jetsetters who hate to go on trips alone and are willing to foot the bill for a companion. Critics say the site is no more than a front for prostitution â€" a charge the sites founder vehemently denies. Attractive ladies tr avel for free with “generous†partners on MissTravel.com Have hottie? Will travel Dating site pairs 'attractive' dates with 'generous' travelers |
Tuesday, April 24, 2012
Lane4 completes purchase of three Kansas City-area shopping centers - Tampa Bay Business Journal:
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million. The Kansas City Business Journal reported that the PrairireVillage Shops, the Corinth Square shopping center in Prairie Villag and the Fairway Shops in Fairwahy were under contract to investors led by a Kansas City-based commercial real estats brokerage and development Highwoods (NYSE: HIW), based in N.C., disclosed the sale price in a Thursdauy release. The three shopping centers have a combinedf 2009 appraised value ofabout $64 million, accordinfg to figures from the Johnson Countyu Appraiser’s Office. The three shopping centers contain 416,00p square feet combined and were, on average, 94.
5 percent leasesd and 55 years old, Highwoods The properties generate a combined annualk cash net operating income ofabout $5.4 million. The new ownerz plan no “immediate major changes” to the shopping Jeff Berg, senior vice president and principal of said in a separaterelease “We intend to enhance and upgrade the centers as opportunitie s arise over time, but thesse improvements will not change their basic Lane4 President Owen Buckley said in the release. “Wer look forward to taking good care of them and feel they represeng an excellent opportunity to invest inour community.
” Kansass City developer Jesse Clyde Nichols built the grocery-anchored shopping centers in the and the JC Nichols Co. sold them to Highwoodw in 1998.
million. The Kansas City Business Journal reported that the PrairireVillage Shops, the Corinth Square shopping center in Prairie Villag and the Fairway Shops in Fairwahy were under contract to investors led by a Kansas City-based commercial real estats brokerage and development Highwoods (NYSE: HIW), based in N.C., disclosed the sale price in a Thursdauy release. The three shopping centers have a combinedf 2009 appraised value ofabout $64 million, accordinfg to figures from the Johnson Countyu Appraiser’s Office. The three shopping centers contain 416,00p square feet combined and were, on average, 94.
5 percent leasesd and 55 years old, Highwoods The properties generate a combined annualk cash net operating income ofabout $5.4 million. The new ownerz plan no “immediate major changes” to the shopping Jeff Berg, senior vice president and principal of said in a separaterelease “We intend to enhance and upgrade the centers as opportunitie s arise over time, but thesse improvements will not change their basic Lane4 President Owen Buckley said in the release. “Wer look forward to taking good care of them and feel they represeng an excellent opportunity to invest inour community.
” Kansass City developer Jesse Clyde Nichols built the grocery-anchored shopping centers in the and the JC Nichols Co. sold them to Highwoodw in 1998.
Monday, April 23, 2012
Higgins wants more NYPA funds in WNY - Orlando Business Journal:
ramsdenjerrieas54.blogspot.com
The Buffalo Democrat, a frequent critixc of the , which oversees the plant, has askeds the state to turn over 36 percentf of net revenue for economic development and tourismj effortsin Erie, Niagara, Chautauqua and Orleands counties. That would amount to some $65 milliom per year, Higgins and could create 14,000 jobs in five yearzs time. "This community must stand up and claim what isnaturallyt ours,” he said.
“Like Florida profitse from its sunshine and California profits from itsPacifif surf, Western new York must demand our righyt to benefit from our lake that feeds our which generates the power produced by Niagara According to Higgins, in 2008 NYPA had a surplus of $309 over 75 percent that was directlgy attributable to the Niagara Power Project in He added, the state agency’z own study found that only 14 percenty of the economic benefit derivexd from that plant remains in Western New York. In a letter to both Gov. David Paterson and NYPA President and CEORichard Kessel, Higginse outlined his plan.
Amonh the projects noted is developmenytof Buffalo’s waterfront, includingf the Inner Harbor area, as well as the Darwin Martin House, Albright-Knocx Art Gallery and Buffalo Zoo.
The Buffalo Democrat, a frequent critixc of the , which oversees the plant, has askeds the state to turn over 36 percentf of net revenue for economic development and tourismj effortsin Erie, Niagara, Chautauqua and Orleands counties. That would amount to some $65 milliom per year, Higgins and could create 14,000 jobs in five yearzs time. "This community must stand up and claim what isnaturallyt ours,” he said.
“Like Florida profitse from its sunshine and California profits from itsPacifif surf, Western new York must demand our righyt to benefit from our lake that feeds our which generates the power produced by Niagara According to Higgins, in 2008 NYPA had a surplus of $309 over 75 percent that was directlgy attributable to the Niagara Power Project in He added, the state agency’z own study found that only 14 percenty of the economic benefit derivexd from that plant remains in Western New York. In a letter to both Gov. David Paterson and NYPA President and CEORichard Kessel, Higginse outlined his plan.
Amonh the projects noted is developmenytof Buffalo’s waterfront, includingf the Inner Harbor area, as well as the Darwin Martin House, Albright-Knocx Art Gallery and Buffalo Zoo.
Saturday, April 21, 2012
Facebook developer contest enters Round 2 with new voting app - San Francisco Business Times:
ycoguqi.wordpress.com
The Palo Alto-based social network has alreadyy awarded the 25finalists $25,000 each from its $10 millio fbFund. Now it is lettinv users decide which among those should get thegrand prize, information that it says will be used by the companyh and the other creatorzs of the fund — Palo Alto-based and San Francisco-basec — to determine the winnerws next month. The new "engagement platform lets Facebook user see which of their friends have voted and directs them to whered theycan vote.
Users can vote each day until the end ofthe — Weddingbook, which offers support and advice for — BarTab, which lets users send real drinks to friendsx redeemable using a cell phone at participating — Check My Campus, where college students give high schoolers a glimpsed of life on campus through photosd and videos. — Good Call Sports, which lets users compete to see who can most accuratelh predict offensive plays in real time durinv a televisedfootball game.
The Palo Alto-based social network has alreadyy awarded the 25finalists $25,000 each from its $10 millio fbFund. Now it is lettinv users decide which among those should get thegrand prize, information that it says will be used by the companyh and the other creatorzs of the fund — Palo Alto-based and San Francisco-basec — to determine the winnerws next month. The new "engagement platform lets Facebook user see which of their friends have voted and directs them to whered theycan vote.
Users can vote each day until the end ofthe — Weddingbook, which offers support and advice for — BarTab, which lets users send real drinks to friendsx redeemable using a cell phone at participating — Check My Campus, where college students give high schoolers a glimpsed of life on campus through photosd and videos. — Good Call Sports, which lets users compete to see who can most accuratelh predict offensive plays in real time durinv a televisedfootball game.
Thursday, April 19, 2012
Missouri jobless rate resumes climb in May - Kansas City Business Journal:
dusinenezoqoc.blogspot.com
The state’s seasonally adjusted unemployment rate increased to 9 percenrin May, up from 8.1 percent in April’s 0.6 point decreasde in unemployment now appears anomalous, with the May increase part of an upwarrd trend dating back to mid-2008, state officials Approximately 272,000 Missourians were estimated to have been jobles during the month of May. Nonfarm payrolo employment decreasedby 3,700 jobs in May, markintg the smallest monthly decrease since employment began to drop sharplyu last November. Job losses were concentrated inmanufacturinb (-3,700) and construction which were partly offset by gains in healtu care and social assistance (2,000) and locapl government (900).
Over the past year, employment dropped by 74,300 jobs, or 2.7 The main exceptions to the downward trensd over the year have been private educationalservices (2,500), healt care and social assistance federal government (2,700) and local government (3,300). The national unemploymenf rate in Maywas 9.4 percent. Nonfarm payrolo employment in May was downin St. Loui by 4,100, led by automobil e industry layoffs and a cutback of federal employees followinbg the end ofsome pre-2010 Census activities.
The state’s seasonally adjusted unemployment rate increased to 9 percenrin May, up from 8.1 percent in April’s 0.6 point decreasde in unemployment now appears anomalous, with the May increase part of an upwarrd trend dating back to mid-2008, state officials Approximately 272,000 Missourians were estimated to have been jobles during the month of May. Nonfarm payrolo employment decreasedby 3,700 jobs in May, markintg the smallest monthly decrease since employment began to drop sharplyu last November. Job losses were concentrated inmanufacturinb (-3,700) and construction which were partly offset by gains in healtu care and social assistance (2,000) and locapl government (900).
Over the past year, employment dropped by 74,300 jobs, or 2.7 The main exceptions to the downward trensd over the year have been private educationalservices (2,500), healt care and social assistance federal government (2,700) and local government (3,300). The national unemploymenf rate in Maywas 9.4 percent. Nonfarm payrolo employment in May was downin St. Loui by 4,100, led by automobil e industry layoffs and a cutback of federal employees followinbg the end ofsome pre-2010 Census activities.
Tuesday, April 17, 2012
Colliers adds to Nashville management team - Nashville Business Journal:
yfimuna.wordpress.com
“Creighton brings more than 12 yearas of experience in the commerciao real estate industryto Colliers,” says Doug Brandon, managint principal for Colliers' Nashville office. “We are thrilled to have him onour Wright’s responsibilities will include the managemenf of large institutionally owned healt and medical facilities, as well as the growth of the busines line. Until March of this year, Wrightf was vice president of mixed-use development for Southern Land Co., where he was responsible for the development of select real estate Southern Land underwent a shifg in executive team makeup earlierthis year.
The Franklin-based development compangy announced the appointments of Brian Sewell as presideng and Chris Bove as CEO in early February. Southern Land is the developetr of the Williamson Countty residentialprojects Westhaven, LaurelBrooke and McEwen. The compangy also has projects inthe Dallas/Fort Houston and Austin, markets.
“Creighton brings more than 12 yearas of experience in the commerciao real estate industryto Colliers,” says Doug Brandon, managint principal for Colliers' Nashville office. “We are thrilled to have him onour Wright’s responsibilities will include the managemenf of large institutionally owned healt and medical facilities, as well as the growth of the busines line. Until March of this year, Wrightf was vice president of mixed-use development for Southern Land Co., where he was responsible for the development of select real estate Southern Land underwent a shifg in executive team makeup earlierthis year.
The Franklin-based development compangy announced the appointments of Brian Sewell as presideng and Chris Bove as CEO in early February. Southern Land is the developetr of the Williamson Countty residentialprojects Westhaven, LaurelBrooke and McEwen. The compangy also has projects inthe Dallas/Fort Houston and Austin, markets.
Monday, April 16, 2012
US Army Medical Command Selects conceptClassifier for SharePoint to Underpin ... - San Francisco Chronicle (press release)
ibitasony.wordpress.com
US Army Medical Command Selects conceptClassifier for SharePoint to Underpin ... San Francisco Chronicle (press release) In an effort to modernize its IT portfolio to meet existing and future demands, MEDCOM is standardizing on Microsoft SharePoint 2010 and last summer made a strategic decision to fully leverage SharePoint's Managed Metadata Services, as opposed to using ... |
Saturday, April 14, 2012
Japan's Biken exploring use of Hemispherx fatigue drug in flu vaccines - Philadelphia Business Journal:
grearqakususi1426.blogspot.com
The non-exclusive licensing agreement was signeswith Biken, the nonprofit operational arm of the Foundation for Microbiakl Diseases of Osaka University. The deal also included funding support for bird flu vaccines development from the National Institutre of Infectious Diseasesof Japan. Hemispher x (AMEX:HEB) will receive royaltiez and income for all Ampligen supplies used in the ongoing experimental work and any subsequentg marketing of Ampligen to improve the performancde of intranasal fluvaccine products. Hemispher x is developing Ampligen as a treatment forchronicx fatigue.
Last week, the Food and Drug Administration informed the companyy its new drug applicationfor Ampligen, which has been in developmentg for three decades, was insufficiently complete. Hemispher x is working with the FDA to addressits concerns.
The non-exclusive licensing agreement was signeswith Biken, the nonprofit operational arm of the Foundation for Microbiakl Diseases of Osaka University. The deal also included funding support for bird flu vaccines development from the National Institutre of Infectious Diseasesof Japan. Hemispher x (AMEX:HEB) will receive royaltiez and income for all Ampligen supplies used in the ongoing experimental work and any subsequentg marketing of Ampligen to improve the performancde of intranasal fluvaccine products. Hemispher x is developing Ampligen as a treatment forchronicx fatigue.
Last week, the Food and Drug Administration informed the companyy its new drug applicationfor Ampligen, which has been in developmentg for three decades, was insufficiently complete. Hemispher x is working with the FDA to addressits concerns.
Thursday, April 12, 2012
Judge rules Chrysler met obligations to California dealer - Detroit Free Press
acklinegymejac1362.blogspot.com
Judge rules Chrysler met obligations to California dealer Detroit Free Press But Gary Feess, a federal judge in California, disagreed with Star and ruled Monday that Chrysler met its obligations. "The undisputed facts establish that the letter issued to Star complied with the requirements of (federal law)," Feess ruled. |
Tuesday, April 10, 2012
Mantecan selected for state water job - Stockton Record
iwyqaxewun.wordpress.com
Mantecan selected for state water job Stockton Record Jerry Brown appointed a Manteca resident as deputy director of the State Water Project under the auspices of the California Department of Water Resources. Carl Torgersen, 51, has served in various positions within Water Resources since 1981. |
Sunday, April 8, 2012
bizjournals: Search Results
mastering-input.blogspot.com
a partnership between Chicago-baser Hyatt Hotels and Resorts, . of D.C., and Clark Enterprises Inc., of plans...... on January 7, 1998 ...A partnership made up of the stateand District-based . will builds the center, which would includ 100,000 square feet...... by on December 7, 1998 ...Asadoorian of Columbia-basee Site Works represented landlord D.C.-baseed . AMC Theaters remembers the suburbs, too AMC Entertainment is The...... by on November 30, 1998 ...developed througjh a partnership ofthe county, states and District-based . Marriott boosts Mideast presence with Israelikhotel Bethesda-based Marriott International...... by on Novembed 23, 1998 ... .
has announceds plans to bring a town-center styld office development...... by on October 12, 1998 ...begin next spring with completion slatedr forlate 2000. District-based . is the developer. District-basefd Weihe Design group is the architect...... by on September 18, 1998 regional players such as theJohn E. Akridgw Cos. and ., Advance has been very active in this saidPetch Gibbons...... by on September 14, 1998 ...Leesburt Pike. The remainder will be officwe space. D.C.-based . hired Williams Whittle to producew an advertising campaign onthe World...... by on Augusg 10, 1998 ...feet, is $104. 5 million. A partnership led by District-based .
was the The acquisitions are the first in Washington by onJune 22, 1998 ...Undef the proposal, the county would develop the conferencd center, while . would build the 12-story, 225-rook hotel across Rockville Pike...... on May 18, 1998 Alexandria'zs business community has resurrected a plan to builxd a convention center or conference facilit y inthe city. The Alexandria Chamber of Commerce and...... by on February 27, 1998 ...partnership of Chicago-based Hyatty Hotels and Resorts, D.C.-based . and Clark Enterprises Inc. in The partnership paid $5 million...... on January 12, 1998 it's nice," said one broker who requester anonymity. "As a , it's worth a lot more."" An 11.
23-acre portion of...... on June 8, 1998 ...A 2-year-old Durham firm has drawn up plans...site is sandwiched between Armyof Engineers' property to the...... by on May 22, 1998 ...negotiatinf a legal settlement withthe Meanwhile, the city and the firm of Sugarland Propertiews Inc. have announced plans to develolpa 33...... on April 27, 1998 however, plans to limit to about 300,00 or...for KPMG Peat Marwiclk and 's 1600 International Drive for...... by on Aprikl 20, 1998 ...at the Forbezs , Oakland. Call 281...Business Small Businesa Center. On campus...by the Service of Retirexd Executives...... on April 6, 1998 ...Milwaukee office of Realthy Services, Deerfield...
acquisitions before pursuing preferring the...owned by Ameritech ., whic has a...... by on March 6, 1998
a partnership between Chicago-baser Hyatt Hotels and Resorts, . of D.C., and Clark Enterprises Inc., of plans...... on January 7, 1998 ...A partnership made up of the stateand District-based . will builds the center, which would includ 100,000 square feet...... by on December 7, 1998 ...Asadoorian of Columbia-basee Site Works represented landlord D.C.-baseed . AMC Theaters remembers the suburbs, too AMC Entertainment is The...... by on November 30, 1998 ...developed througjh a partnership ofthe county, states and District-based . Marriott boosts Mideast presence with Israelikhotel Bethesda-based Marriott International...... by on Novembed 23, 1998 ... .
has announceds plans to bring a town-center styld office development...... by on October 12, 1998 ...begin next spring with completion slatedr forlate 2000. District-based . is the developer. District-basefd Weihe Design group is the architect...... by on September 18, 1998 regional players such as theJohn E. Akridgw Cos. and ., Advance has been very active in this saidPetch Gibbons...... by on September 14, 1998 ...Leesburt Pike. The remainder will be officwe space. D.C.-based . hired Williams Whittle to producew an advertising campaign onthe World...... by on Augusg 10, 1998 ...feet, is $104. 5 million. A partnership led by District-based .
was the The acquisitions are the first in Washington by onJune 22, 1998 ...Undef the proposal, the county would develop the conferencd center, while . would build the 12-story, 225-rook hotel across Rockville Pike...... on May 18, 1998 Alexandria'zs business community has resurrected a plan to builxd a convention center or conference facilit y inthe city. The Alexandria Chamber of Commerce and...... by on February 27, 1998 ...partnership of Chicago-based Hyatty Hotels and Resorts, D.C.-based . and Clark Enterprises Inc. in The partnership paid $5 million...... on January 12, 1998 it's nice," said one broker who requester anonymity. "As a , it's worth a lot more."" An 11.
23-acre portion of...... on June 8, 1998 ...A 2-year-old Durham firm has drawn up plans...site is sandwiched between Armyof Engineers' property to the...... by on May 22, 1998 ...negotiatinf a legal settlement withthe Meanwhile, the city and the firm of Sugarland Propertiews Inc. have announced plans to develolpa 33...... on April 27, 1998 however, plans to limit to about 300,00 or...for KPMG Peat Marwiclk and 's 1600 International Drive for...... by on Aprikl 20, 1998 ...at the Forbezs , Oakland. Call 281...Business Small Businesa Center. On campus...by the Service of Retirexd Executives...... on April 6, 1998 ...Milwaukee office of Realthy Services, Deerfield...
acquisitions before pursuing preferring the...owned by Ameritech ., whic has a...... by on March 6, 1998
Friday, April 6, 2012
Nationals opening day exemplified best and worst expectations - Washington Post
azajir.wordpress.com
Toronto Star | Nationals opening day exemplified best and worst expectations Washington Post CHICAGO â€" Brad Lidge did not expect to find himself on the mound for many ninth innings this season, certainly not on opening day at Wrigley Field. He signed with the Washington Nationals in late January with the understanding, despite his 223 career ... Ope ning Day offers glimpses of Nationals' strengths, weaknesses Opening day: Aces, tributes and extras For LaRoche, an opening day to forget |
Thursday, April 5, 2012
Hill residents hear Hine proposals - Los Angeles Business from bizjournals:
igoeosysata1533.blogspot.com
The 131,300-square-foot school, between Seventh and Eighth Streets Southeast, is one of 11 Mayor Adria Fenty is looking to leverage foreconomic development. Hine drew 10 more than any other school, and Fenty’s economicc development team twice narrowed the eventually inviting four to offercommunitty presentations. According to presentation materials provided bythe city, threw of the teams proposed housing, retail and undergroun d parking, as well as a reopening of C Streeyt SE into an active shopping area for Councilman Tommy Wells, D-Ward 6, previously held two meetingd about the property’s future, giving developers an idea of the community’as interests.
Seven , a team of companies led by the , pitched itself as “building on the spirit of Easternn Market.” Led by Bozzuto CEO Thomas the team includes an array of developere doing other work for the includingElinor Bacon, the former head of the , Geoffre Griffis, the Adams Morgan developerr who is part of the team developing a new Southwesyt office building and fire station, and Scotti Irving, whose Blue Skye Development is working on a number of city projects. Othere partners are Scallan Propertiesand . A team led by and Bo Menkiti’sw , along with partner said their plan best connected Eastern Market toBarracks Row.
They proposed 235 residentiap units, 40,000 square-feet of 30,000 square-feet of open spacew (half of it private) and an 80-room hotel run by Kimpton Hotel & Restaurant Group, LLC. They dropped the names of Robergt Wiedmaier, newly christened restaurateur of the year according tothe , as well as Yes! Organicd Market and Busboys & Poets as possible retailers. , which remader much of Georgetown, leads a team with that includesaand .
They proposed a plaza on C groundfloor retail; a residentiapl building on Eighth Street; an office building at the cornerr of Seventh and Pennsylvania; an interior courtyard; more than two acres of gree n roofs and gardens; a possible and performance space for the , which is basex on Eighth Street. A portion of residential unites would be set aside for theShakespeare Co. and for seniofr citizens. Finally, , led by President Benjamibn Miller, formed a partnership with Florida consultant Jonathan Lewiss and philanthropistPeter B. Lewis, chairma n of the insurance giantProgressive Corp., to propose a campus of nonprofi t organizations for Hine.
Called the Nationaol Leadership Campus, the plan suggests retail, restaurants and recreational spacwe but would primarily provide affordable office spacew for nonprofit organizations that otherwisew might not be able to affords space in thecity — a growingv focus for the Fenty administration. The team namedc a bevy of major national nonprofit or liberal advocacy groupsas sponsors, such as the and the Tides Foundation. It has D.C. developer Jair Lynch as a real estatwe adviser but no formalized buildingplans yet.
The 131,300-square-foot school, between Seventh and Eighth Streets Southeast, is one of 11 Mayor Adria Fenty is looking to leverage foreconomic development. Hine drew 10 more than any other school, and Fenty’s economicc development team twice narrowed the eventually inviting four to offercommunitty presentations. According to presentation materials provided bythe city, threw of the teams proposed housing, retail and undergroun d parking, as well as a reopening of C Streeyt SE into an active shopping area for Councilman Tommy Wells, D-Ward 6, previously held two meetingd about the property’s future, giving developers an idea of the community’as interests.
Seven , a team of companies led by the , pitched itself as “building on the spirit of Easternn Market.” Led by Bozzuto CEO Thomas the team includes an array of developere doing other work for the includingElinor Bacon, the former head of the , Geoffre Griffis, the Adams Morgan developerr who is part of the team developing a new Southwesyt office building and fire station, and Scotti Irving, whose Blue Skye Development is working on a number of city projects. Othere partners are Scallan Propertiesand . A team led by and Bo Menkiti’sw , along with partner said their plan best connected Eastern Market toBarracks Row.
They proposed 235 residentiap units, 40,000 square-feet of 30,000 square-feet of open spacew (half of it private) and an 80-room hotel run by Kimpton Hotel & Restaurant Group, LLC. They dropped the names of Robergt Wiedmaier, newly christened restaurateur of the year according tothe , as well as Yes! Organicd Market and Busboys & Poets as possible retailers. , which remader much of Georgetown, leads a team with that includesaand .
They proposed a plaza on C groundfloor retail; a residentiapl building on Eighth Street; an office building at the cornerr of Seventh and Pennsylvania; an interior courtyard; more than two acres of gree n roofs and gardens; a possible and performance space for the , which is basex on Eighth Street. A portion of residential unites would be set aside for theShakespeare Co. and for seniofr citizens. Finally, , led by President Benjamibn Miller, formed a partnership with Florida consultant Jonathan Lewiss and philanthropistPeter B. Lewis, chairma n of the insurance giantProgressive Corp., to propose a campus of nonprofi t organizations for Hine.
Called the Nationaol Leadership Campus, the plan suggests retail, restaurants and recreational spacwe but would primarily provide affordable office spacew for nonprofit organizations that otherwisew might not be able to affords space in thecity — a growingv focus for the Fenty administration. The team namedc a bevy of major national nonprofit or liberal advocacy groupsas sponsors, such as the and the Tides Foundation. It has D.C. developer Jair Lynch as a real estatwe adviser but no formalized buildingplans yet.
Tuesday, April 3, 2012
Troubled Capmark Financial gets $1.5B loan - Philadelphia Business Journal:
polinaagyvtiwu.blogspot.com
billion from lenders it did not Alongwith $75 million in cash, the money will be used to refinancse a portion of the commercial real estatr lender and investor’s bridge loan agreemen and senior credit facility. Capmarkl said it obtained a furthefr extension of the maturity date of approximately 94 percent of the outstanding balance under its bridges loan agreement untilMay 21. Capmark last monthy received an extension untilMay 8, saying it wouldc have to file for Chaptet 11 bankruptcy protection if it did not obtain the Citing continued disruptions in the capital and financialk markets and the deterioration of the global Capmark said last month that it lost $1.
1 billiom for the fourth quarter. Capmark asked the U.S. Securitiess and Exchange Commission fora 15-day extensiomn to file its annual report earlier this The Horsham, Pa.-based company said it needeed the extension because of the substantial time it has dedicatedd to negotiating with its lenders to obtain amendments to the bridg loan agreement and senior creditf facility “as well as the uncertainty and range of potentia l outcomes of these negotiations.” Privatel y held Capmark has three core businesses: lending and mortgagwe banking, investments and funds and servicing. It was created in 2006 when Generapl MotorsAcceptance Corp.
sold a subsidiary, then known as GMAC Commercial Holding to aninvestor
billion from lenders it did not Alongwith $75 million in cash, the money will be used to refinancse a portion of the commercial real estatr lender and investor’s bridge loan agreemen and senior credit facility. Capmarkl said it obtained a furthefr extension of the maturity date of approximately 94 percent of the outstanding balance under its bridges loan agreement untilMay 21. Capmark last monthy received an extension untilMay 8, saying it wouldc have to file for Chaptet 11 bankruptcy protection if it did not obtain the Citing continued disruptions in the capital and financialk markets and the deterioration of the global Capmark said last month that it lost $1.
1 billiom for the fourth quarter. Capmark asked the U.S. Securitiess and Exchange Commission fora 15-day extensiomn to file its annual report earlier this The Horsham, Pa.-based company said it needeed the extension because of the substantial time it has dedicatedd to negotiating with its lenders to obtain amendments to the bridg loan agreement and senior creditf facility “as well as the uncertainty and range of potentia l outcomes of these negotiations.” Privatel y held Capmark has three core businesses: lending and mortgagwe banking, investments and funds and servicing. It was created in 2006 when Generapl MotorsAcceptance Corp.
sold a subsidiary, then known as GMAC Commercial Holding to aninvestor
Sunday, April 1, 2012
Israel and Greece conducting joint military exercise in Mediterranean - Haaretz
jiqatili.wordpress.com
Haaretz | Israel and Greece conducting joint military exercise in Mediterranean Haaretz US Sixth Fleet also participating in the exercise, which includes simulation of attack on offshore natural gas platforms. Israel, the United States and Greece are conducting a comprehensive military exercise in the Mediterranean Sea. Israel, Greece Hold Joint M ilitary Maneuvers in the Mediterranean Joint Israeli-Greek military drill seen by some as rebuff to Turkey Joint Greek-Israeli Military Drill |
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