bentlyoupapa1810.blogspot.com
The Minneapolis-based retailer reported net earningsof $522 million, or 69 centse per share, for the quarter ended May 2. That’e down from $602 million, or 74 cent per share, in the comparablw quarter last year. Analysts surveyed by Thomson Reutersx had projected earnings of 59 centzsper share. Target’s total revenue came in at $14.83 billioj for the first quarter, up 0.2 percent from $14.8 billiom a year ago. Storde sales increased 0.4 percent to $14.36y billion, as new store growth offset a 3.7 percentr decline in same-store sales. Credit card revenu declined 5.
7 percent to $472 In a statement, Targeyt Chairman, President and CEO Gregg Steinhafelo said store performance improved thanks to stronf food and commodity sales andreducedd expenses. The credit card meanwhile, were “stable, profitablew and consistent withour expectations,” he “Very importantly, we believe this improved stability and predictability in key aspects of both our retai and credit card segments reflects the resilience of our strateggy and underscores our ability to generate substantial valu for our shareholders over time,” Steinhafel said.
At the end of the firsyt quarter, Target (NYSE: TGT) operated 1,698 stores in 49
Friday, November 30, 2012
Thursday, November 29, 2012
Senate committee OKs Boeing F/A-18 fighter jet funding - St. Louis Business Journal:
adamovaichive.blogspot.com
said she lobbied for the restoration ofnine F/A-18 aircraft that had been cut from the budgetg by Secretary of Defens Robert Gates, increasing the authorization for F/A-18 purchasesd from 31 to 40. The committee also included language highlighting the need for the Defense Department to enter into a multiyear procurement deal onthe F/A-1 8 fighter jet. A multiyead deal would save taxpayersnearly $1.
1 billiomn in costs compared to single-year procurements and addressd a projected shortfall in the nation’s aircraft carrier-basec fighter jet fleet, according to Now the measure moves to the full About of 16,000 local Boeint jobs are tied directly to the which cost between $29 million and $57 millio each. The jet creates thousands more jobsamong “The F/A-18 isn’t just about jobs in St. McCaskill said in a statement “If we don’t buy more to prevenr a projected major shortfall in aircraft carriefrstrike aircraft, we’re going to have aircraft carriersx with no planes. That is simply unacceptable.
” A proposapl to allow the Navy to buymore F/A-18 Supere Hornet fighter jets from Boeing over the next five yearsz last week after the measure cleared the Housee Armed Services Committee. Gates had also threatened to cut ordersfor C-17 cargo planes, which fuel 900 jobs at Boeing’zs Hazelwood plant. But Congress for eight more C-17s and on President Barack Obama signed the billinto law.
said she lobbied for the restoration ofnine F/A-18 aircraft that had been cut from the budgetg by Secretary of Defens Robert Gates, increasing the authorization for F/A-18 purchasesd from 31 to 40. The committee also included language highlighting the need for the Defense Department to enter into a multiyear procurement deal onthe F/A-1 8 fighter jet. A multiyead deal would save taxpayersnearly $1.
1 billiomn in costs compared to single-year procurements and addressd a projected shortfall in the nation’s aircraft carrier-basec fighter jet fleet, according to Now the measure moves to the full About of 16,000 local Boeint jobs are tied directly to the which cost between $29 million and $57 millio each. The jet creates thousands more jobsamong “The F/A-18 isn’t just about jobs in St. McCaskill said in a statement “If we don’t buy more to prevenr a projected major shortfall in aircraft carriefrstrike aircraft, we’re going to have aircraft carriersx with no planes. That is simply unacceptable.
” A proposapl to allow the Navy to buymore F/A-18 Supere Hornet fighter jets from Boeing over the next five yearsz last week after the measure cleared the Housee Armed Services Committee. Gates had also threatened to cut ordersfor C-17 cargo planes, which fuel 900 jobs at Boeing’zs Hazelwood plant. But Congress for eight more C-17s and on President Barack Obama signed the billinto law.
Tuesday, November 27, 2012
Columbus on U.S. radar to host World Cup soccer - Business First of Columbus:
adamovaichive.blogspot.com
The USA Bid Committee this week said it issued requestas for proposals to officials representing37 U.S. including Columbus, that currently qualify as potential host citied to FIFAWorld Cup. The proposals ask for information from city officialsxabout tourism, climate, security, transportation and promotion. The United States’ application is due to FIFA inMay 2010. FIFA’sx 24-member executive committee will study the conduct site visits and name the two host natione for the 2018 and 2022 tournamentx inDecember 2010, completing a 21-month bid and review The committee also released a list of 45 stadiums associated with the 37 candidate host cities.
Ohio home to the Buckeyes, is amonfg the venues under consideration. The Unitedr States, Australia, England, Indonesia, Japan, Mexico and Russia have formallyt declared their desire to host to the FIFA Worl Cup in 2018or 2022. Netherlands-Belgiun and Portugal-Spain each have submitted joint bids for the 2018 and 2022 while Qatar and South Koreaw have applied as candidates to play host only to the tournamentin 2022.
The USA Bid Committee this week said it issued requestas for proposals to officials representing37 U.S. including Columbus, that currently qualify as potential host citied to FIFAWorld Cup. The proposals ask for information from city officialsxabout tourism, climate, security, transportation and promotion. The United States’ application is due to FIFA inMay 2010. FIFA’sx 24-member executive committee will study the conduct site visits and name the two host natione for the 2018 and 2022 tournamentx inDecember 2010, completing a 21-month bid and review The committee also released a list of 45 stadiums associated with the 37 candidate host cities.
Ohio home to the Buckeyes, is amonfg the venues under consideration. The Unitedr States, Australia, England, Indonesia, Japan, Mexico and Russia have formallyt declared their desire to host to the FIFA Worl Cup in 2018or 2022. Netherlands-Belgiun and Portugal-Spain each have submitted joint bids for the 2018 and 2022 while Qatar and South Koreaw have applied as candidates to play host only to the tournamentin 2022.
Monday, November 26, 2012
Economy, neighboring competition have Baltimore hoteliers bracing for slowdown - Baltimore Business Journal:
bakakinkorypon.blogspot.com
That's according to Dan Nadeau, general managere of the , who spoke Thursday on a panel on the futureof Baltimore'z hotel industry. The & Convention Center is the bigges threatto Baltimore's convention hotel market, Nadeai said. The hotel has lost six groups tothe 2,000-room hotel in Oxon Hill in Prince George'sd County, Nadeau said, and Gaylord sales staff have gone aftedr groups who have held meetings in Consequently, Baltimore-area sales managers are now goingt after Gaylord's groups, he added. The event was organizec by and held at the Pier V hotekl indowntown Baltimore.
Joining Nadeau were Bob Aydukovic, vice presidentt of economic development of the Downtownj Partnership ofBaltimore Inc., and Ben general manager of the Westin BWI Airporgt Hotel. The panelists said the 757-roomn Hilton hotel, to open Aug. 22, will help the city book more The convention headquarters hotel will absorbnbig groups, freeing up hotel rooms to accommodate otherd business travelers and leisurd tourists. An economic slowdown has not derailed plans to buildin downtown, Aydukovic However, some developers on the "outer edge" are not "pursuing their plans as aggressively," he said.
That's according to Dan Nadeau, general managere of the , who spoke Thursday on a panel on the futureof Baltimore'z hotel industry. The & Convention Center is the bigges threatto Baltimore's convention hotel market, Nadeai said. The hotel has lost six groups tothe 2,000-room hotel in Oxon Hill in Prince George'sd County, Nadeau said, and Gaylord sales staff have gone aftedr groups who have held meetings in Consequently, Baltimore-area sales managers are now goingt after Gaylord's groups, he added. The event was organizec by and held at the Pier V hotekl indowntown Baltimore.
Joining Nadeau were Bob Aydukovic, vice presidentt of economic development of the Downtownj Partnership ofBaltimore Inc., and Ben general manager of the Westin BWI Airporgt Hotel. The panelists said the 757-roomn Hilton hotel, to open Aug. 22, will help the city book more The convention headquarters hotel will absorbnbig groups, freeing up hotel rooms to accommodate otherd business travelers and leisurd tourists. An economic slowdown has not derailed plans to buildin downtown, Aydukovic However, some developers on the "outer edge" are not "pursuing their plans as aggressively," he said.
Friday, November 23, 2012
Blog-tracking startup doubles staff in SoMa - San Francisco Business Times:
ogarawo.wordpress.com
The San Francisco startup makes on-demand software that unearthz and tracks keybloggers -- cruciaol information for marketers hoping to put out onlined brush fires. If BuzzLogic can distinguish itself from a growing pack ofsimiliarr companies, the 3-year-old firm could develoop a solid business. The "brandr monitoring" industry is small -- less than $100 millionj -- but expanding quickly. analysf Peter Kim estimates that it will grow about 70 percentfthis year, based on reports from companies he and notes that the softwared is moving beyond a niche PR functionm into mainstream marketing. It's early for After 2 1/2 years of product its service launched onApril 16.
But, even before the the company was gaining notable momentuthis year. It landed $9.6 millioj in its first funding round in Januarh from VCs including and is doubling headcount tonearly 40, hirinbg mostly engineers and customer service people. To house its swellingf staff, the firm movefd into new offices inthe "LookSmart" building at 625 Secondf St. in SoMa, where it can double its office spacreto 7,000 square feet in the next 18 BuzzLogic CEO Rob Crumpler said the firm has 164 beta about 25 percent of which are PR Nearly half, he said, have paid for early acceses to the Internet-based software after a user types in a few search spits out a handuy "conversation map" with circles and linew detailing who's talking about a product or companyg and which self-styled pundits are the most influential.
So-called beta customers includer software firmand Screenlife, maker of the "SceneIt" DVD used the product to head off an emerginy problem last year when tech blogger Rick Klau rante about his ThinkPad's crash-prone hard BuzzLogic notified Lenovo's VP of global web marketinvg of the problem and he callex Klau within a few hours, offering to fix it. Klau'ds online attacks melted into praise, which was lappeds up by other bloggers. With a starting price of $1,000 a BuzzLogic fancies itself a challengerd to established players such asand , which combins both search technology and human analysis for servicew that often cost hundreds of thousands a dollatr a year.
But Forrester's Kim said BuzzLogic is limitexd in one important way compared with the bigguys -- it only trackd social media, not traditional media such as newspaper and magazine web sites, which are often sources of blogger comment. And, he warned that competitioj in the fieldis "I could tell you that there are 45 to 50 companiex out there, many that have hung out a shingle in the past one to threde years" including , and . Kim acknowledged, "Over the last six BuzzLogic's name has come up a lot," from marketing clients and the media. But buzz alon doesn't not signify a good business model -- particularlyu for companies intesting mode.
Said Kim, "I guessx when you're giving it away for that's how you come up on radar screens."
The San Francisco startup makes on-demand software that unearthz and tracks keybloggers -- cruciaol information for marketers hoping to put out onlined brush fires. If BuzzLogic can distinguish itself from a growing pack ofsimiliarr companies, the 3-year-old firm could develoop a solid business. The "brandr monitoring" industry is small -- less than $100 millionj -- but expanding quickly. analysf Peter Kim estimates that it will grow about 70 percentfthis year, based on reports from companies he and notes that the softwared is moving beyond a niche PR functionm into mainstream marketing. It's early for After 2 1/2 years of product its service launched onApril 16.
But, even before the the company was gaining notable momentuthis year. It landed $9.6 millioj in its first funding round in Januarh from VCs including and is doubling headcount tonearly 40, hirinbg mostly engineers and customer service people. To house its swellingf staff, the firm movefd into new offices inthe "LookSmart" building at 625 Secondf St. in SoMa, where it can double its office spacreto 7,000 square feet in the next 18 BuzzLogic CEO Rob Crumpler said the firm has 164 beta about 25 percent of which are PR Nearly half, he said, have paid for early acceses to the Internet-based software after a user types in a few search spits out a handuy "conversation map" with circles and linew detailing who's talking about a product or companyg and which self-styled pundits are the most influential.
So-called beta customers includer software firmand Screenlife, maker of the "SceneIt" DVD used the product to head off an emerginy problem last year when tech blogger Rick Klau rante about his ThinkPad's crash-prone hard BuzzLogic notified Lenovo's VP of global web marketinvg of the problem and he callex Klau within a few hours, offering to fix it. Klau'ds online attacks melted into praise, which was lappeds up by other bloggers. With a starting price of $1,000 a BuzzLogic fancies itself a challengerd to established players such asand , which combins both search technology and human analysis for servicew that often cost hundreds of thousands a dollatr a year.
But Forrester's Kim said BuzzLogic is limitexd in one important way compared with the bigguys -- it only trackd social media, not traditional media such as newspaper and magazine web sites, which are often sources of blogger comment. And, he warned that competitioj in the fieldis "I could tell you that there are 45 to 50 companiex out there, many that have hung out a shingle in the past one to threde years" including , and . Kim acknowledged, "Over the last six BuzzLogic's name has come up a lot," from marketing clients and the media. But buzz alon doesn't not signify a good business model -- particularlyu for companies intesting mode.
Said Kim, "I guessx when you're giving it away for that's how you come up on radar screens."
Thursday, November 22, 2012
Consumer confidence:
takes-trendsthe.blogspot.com
The New York research which has been tracking consumere confidence for more thanfour decades, said the index grew to 54.9, up from 40.8 in April. That’sz the highest level since September 2008. Partlyh driving the sharp increase was a more favorabl outlook on the job Those claiming jobsare “hard to get” decreased to 44.7 percent from 46.6 percenr in April. Those sayingh jobs are “plentiful” edged up to 5.7 percent from 4.9 The employment outlook also was less with the percentage of consumers expecting more jobs in the monthsz ahead increasing to 20 percentfrom 14.2 while those anticipating fewer jobs decreased to 25.2 percent from 32.
5 Lynn Franco, director of the Conference Board’x consumer research center, said the index – culled from a representativre sample of 5,000 U.S. householdsx – shows an expectation of continuiny improvement. “While confidence is still weak byhistorical standards, as far as consumers are the worst is now behindd us,” Franco said in a
The New York research which has been tracking consumere confidence for more thanfour decades, said the index grew to 54.9, up from 40.8 in April. That’sz the highest level since September 2008. Partlyh driving the sharp increase was a more favorabl outlook on the job Those claiming jobsare “hard to get” decreased to 44.7 percent from 46.6 percenr in April. Those sayingh jobs are “plentiful” edged up to 5.7 percent from 4.9 The employment outlook also was less with the percentage of consumers expecting more jobs in the monthsz ahead increasing to 20 percentfrom 14.2 while those anticipating fewer jobs decreased to 25.2 percent from 32.
5 Lynn Franco, director of the Conference Board’x consumer research center, said the index – culled from a representativre sample of 5,000 U.S. householdsx – shows an expectation of continuiny improvement. “While confidence is still weak byhistorical standards, as far as consumers are the worst is now behindd us,” Franco said in a
Tuesday, November 20, 2012
Mayo Clinic laboratory runs tests for 60 hospitals in 10 states - Jacksonville Business Journal:
sucujovide.wordpress.com
WHAT IT IS: Esoteric testz are the rare and highly specializedc tests that are not performedx in routineclinical labs. While the average hospitaol performs about 95 percent of its lab work the remaining 5 percentoften doesn’t warrant the investmentf in equipment and expertise needed for advanced testing. LIKE One example of an esoteric test would be animmunosuppressivee test. That’s the test for patients undergoing an organ transplantf to make sure their body accepts thenew organ. Patients have to take medication so theorgah isn’t rejected, but too much or too littlew of those drugs can produce an unfavorable outcome.
That test requirexs a lot of expertise and equipment that manyhospitals don’t said Frank Ray, administrator of . WHY IT MATTERS: With 60 hospitalds in 10 states sending theire esoteric tests to MayoClinicc Florida, the lab generates an economic impact for Jacksonville. Mayo has added four physicia scientists in the pasttwo years, bringing to 14 the number of physician s and scientists supporting the lab.
WHAT IT IS: Esoteric testz are the rare and highly specializedc tests that are not performedx in routineclinical labs. While the average hospitaol performs about 95 percent of its lab work the remaining 5 percentoften doesn’t warrant the investmentf in equipment and expertise needed for advanced testing. LIKE One example of an esoteric test would be animmunosuppressivee test. That’s the test for patients undergoing an organ transplantf to make sure their body accepts thenew organ. Patients have to take medication so theorgah isn’t rejected, but too much or too littlew of those drugs can produce an unfavorable outcome.
That test requirexs a lot of expertise and equipment that manyhospitals don’t said Frank Ray, administrator of . WHY IT MATTERS: With 60 hospitalds in 10 states sending theire esoteric tests to MayoClinicc Florida, the lab generates an economic impact for Jacksonville. Mayo has added four physicia scientists in the pasttwo years, bringing to 14 the number of physician s and scientists supporting the lab.
Monday, November 19, 2012
Israel bombing kills militant in Gaza Strip - Honolulu Star-Advertiser
ycoguqi.wordpress.com
TIME | Israel bombing kills militant in Gaza Strip Honolulu Star-Advertiser ... Lebanese security official said, speaking on condition of anonymity in line with military regulations. Associated Press writers Hamza Hendawi and Maggie Michael in Cairo and Zeina Karam in Beirut contributed to this report. More From The Star ... Israel and Hamas continu e to fight Women and children among the dead in Gaza's bloodiest day Hundreds to march for Palestinians |
Sunday, November 18, 2012
DirecTV CEO leaving as Liberty merger nears - Charlotte Business Journal:
lehoquvuhu.wordpress.com
just as the satellite broadcasterf readies to merge with an offshooft ofJohn Malone’s News Corp. and DirecTbV confirmed Wednesday that Carey will leave theEl Segundo, Calif.-based satellitew broadcaster July 1 to become second-in-commandc — handling international operations — for Rupert Murdoch’w global media empire. Carey’s defection may muddy investors’ receptiobn of the planned merger between DirecTV and Liberty a division ofDouglas County-based Liberty Media. Caregy ran DirecTV for the past six leading it through a period of growth and winningg partnerships with every major telecom company inthe U.S.
He was expectedf to stay with DirecTV aftedr it became independent ofLiberty Media. he returns to working for Murdoch andNews Corp., whered he worked for 15 years prio r to heading DirecTV. Liberty Entertainment (NASDAQ: LMDIA) holdds a 54 percent stake in (NASDAQ: DTV) as well as controllin stakes in online gaming companyFun Technologies, the Game Show Networo and regional sports TV networkzs in Denver, Pittsburgh and Seattle. Those holdings are being spun off this year intoa free-standinb company to clear up DirecTV’s stock structure and make it easief for it to engage in mergers and the companies said. Malone’s company traded its 16 percenf ownership stake inNews Corp.
back to Murdoch’ s company in 2007 in exchange for the controlliny stakein DirecTV.
just as the satellite broadcasterf readies to merge with an offshooft ofJohn Malone’s News Corp. and DirecTbV confirmed Wednesday that Carey will leave theEl Segundo, Calif.-based satellitew broadcaster July 1 to become second-in-commandc — handling international operations — for Rupert Murdoch’w global media empire. Carey’s defection may muddy investors’ receptiobn of the planned merger between DirecTV and Liberty a division ofDouglas County-based Liberty Media. Caregy ran DirecTV for the past six leading it through a period of growth and winningg partnerships with every major telecom company inthe U.S.
He was expectedf to stay with DirecTV aftedr it became independent ofLiberty Media. he returns to working for Murdoch andNews Corp., whered he worked for 15 years prio r to heading DirecTV. Liberty Entertainment (NASDAQ: LMDIA) holdds a 54 percent stake in (NASDAQ: DTV) as well as controllin stakes in online gaming companyFun Technologies, the Game Show Networo and regional sports TV networkzs in Denver, Pittsburgh and Seattle. Those holdings are being spun off this year intoa free-standinb company to clear up DirecTV’s stock structure and make it easief for it to engage in mergers and the companies said. Malone’s company traded its 16 percenf ownership stake inNews Corp.
back to Murdoch’ s company in 2007 in exchange for the controlliny stakein DirecTV.
Friday, November 16, 2012
Zicam maker pulls products, but affirms safety - St. Louis Business Journal:
ejoxot.wordpress.com
The FDA said it received more than 130 complaints from consumer s saying they have lost their sense of smelll after usingthe products. Jennifer a former school teacher who livesin Ala., said she lost her senswe of smell after using Zicam to prevent the duratioh of a cold a few years ago, but had never complained to the FDA or the company becausr she figured there was no way to prov Zicam caused her anosmia.
She said she doesn’t want to sue Scottsdale-basee Matrixx (Nasdaq:MTXX) even after learning others have had thesame “I don’t think Zicam was created to hurt anyone,” she “We sit here and we rip and we rave abouy all these drugs not being alloweds on the market. The first time anything goes everybody wants togo sue, sue, sue. That drives me I honestly believe the people were tryin to do something to help people notget sick.
” Willia Hemelt, acting president and chietf operating officer of Matrixx, said the FDA action was takenh without reviewing research he would have been more than willing to “We think the science does not support this allegation at all,” he “Quite honestly, we would not be selling the producg if we thought it was unsafe.” Zicam product s use a homeopathic remedy called Zincum Gluconicu m 2x, which means they require FDA approval. Dr.
Sam Benjamin, a medicall doctor with a homeopathic license, said he can’yt figure out why the FDA has taken so long to deal withthe “I can think of no part of alternativ e medicine that summons up more worry to conventional physicians than homeopathy,” said who has a medical talk show on KTAR 92.3 FM on Saturdayd at 2 p.m. and 1,000 followers on Twitter. “There are so many druga around thatcause problems, why would one evenyt want to expose people to any danger.” Brett a senior recall strategist at Stericycle Inc. in Lake Forest, Ill., is coming to Phoenid this week to meet with Matrixx officials to see if he can help the companty withdamage control.
Usually, he said, companiea will voluntarily recall a product before the FDAgets involved. That’ds not how it happenedx with Matrixx. The FDA stepped in and warned Matrixx that it had receivee more than 130 consumerf complaints and that the company needed to stop marketinyg the product until it can put a warningt label on its packagingb that it couldcause anosmia. Over the past 10 Berty has worked with manufacturere to conductabout 1,300 recalls, including Vioxx. hopefully, the manufacturer will work with me priorr to approaching the regulatory he said.
“The most important thing for Matrixx is you can turn a seeminglh awful situation into an opportunityif you’re judged by the publid as being part of the solution. How swiftly do they executre that will demonstrate their concern forthe public’d safety.” When the FDA sent the warning lettef to Matrixx and advised consumers not to use certainm Zicam cold remedies, on June 16, Matrixx’s stocl plummeted 70 percent to $5.78 a share. It bouncer up a bit to $6.13 a day but nowhere near its 52-week high of $19.74, near its trading point before the FDA sent thewarningt letter. For the fiscal year ended Marcg 31, Matrixx reported $13.
8 million in net incomer on $112 million in net up from $10.4 million in net incomd on $101 million in net sales a year ago. Hemelt said he will be meetin g with FDA regulators to discussthe issue. He also scheduledr a conference callwith
The FDA said it received more than 130 complaints from consumer s saying they have lost their sense of smelll after usingthe products. Jennifer a former school teacher who livesin Ala., said she lost her senswe of smell after using Zicam to prevent the duratioh of a cold a few years ago, but had never complained to the FDA or the company becausr she figured there was no way to prov Zicam caused her anosmia.
She said she doesn’t want to sue Scottsdale-basee Matrixx (Nasdaq:MTXX) even after learning others have had thesame “I don’t think Zicam was created to hurt anyone,” she “We sit here and we rip and we rave abouy all these drugs not being alloweds on the market. The first time anything goes everybody wants togo sue, sue, sue. That drives me I honestly believe the people were tryin to do something to help people notget sick.
” Willia Hemelt, acting president and chietf operating officer of Matrixx, said the FDA action was takenh without reviewing research he would have been more than willing to “We think the science does not support this allegation at all,” he “Quite honestly, we would not be selling the producg if we thought it was unsafe.” Zicam product s use a homeopathic remedy called Zincum Gluconicu m 2x, which means they require FDA approval. Dr.
Sam Benjamin, a medicall doctor with a homeopathic license, said he can’yt figure out why the FDA has taken so long to deal withthe “I can think of no part of alternativ e medicine that summons up more worry to conventional physicians than homeopathy,” said who has a medical talk show on KTAR 92.3 FM on Saturdayd at 2 p.m. and 1,000 followers on Twitter. “There are so many druga around thatcause problems, why would one evenyt want to expose people to any danger.” Brett a senior recall strategist at Stericycle Inc. in Lake Forest, Ill., is coming to Phoenid this week to meet with Matrixx officials to see if he can help the companty withdamage control.
Usually, he said, companiea will voluntarily recall a product before the FDAgets involved. That’ds not how it happenedx with Matrixx. The FDA stepped in and warned Matrixx that it had receivee more than 130 consumerf complaints and that the company needed to stop marketinyg the product until it can put a warningt label on its packagingb that it couldcause anosmia. Over the past 10 Berty has worked with manufacturere to conductabout 1,300 recalls, including Vioxx. hopefully, the manufacturer will work with me priorr to approaching the regulatory he said.
“The most important thing for Matrixx is you can turn a seeminglh awful situation into an opportunityif you’re judged by the publid as being part of the solution. How swiftly do they executre that will demonstrate their concern forthe public’d safety.” When the FDA sent the warning lettef to Matrixx and advised consumers not to use certainm Zicam cold remedies, on June 16, Matrixx’s stocl plummeted 70 percent to $5.78 a share. It bouncer up a bit to $6.13 a day but nowhere near its 52-week high of $19.74, near its trading point before the FDA sent thewarningt letter. For the fiscal year ended Marcg 31, Matrixx reported $13.
8 million in net incomer on $112 million in net up from $10.4 million in net incomd on $101 million in net sales a year ago. Hemelt said he will be meetin g with FDA regulators to discussthe issue. He also scheduledr a conference callwith
Thursday, November 15, 2012
Column: Your handy guide to understanding abolition of the Jackson County ... - MLive.com (blog)
jaqezuweg.blogspot.com
MLive.com (blog) | Column: Your handy guide to understanding abolition of the Jackson County ... MLive.com (blog) Column: Your handy guide to understanding abolition of the Jackson County Road Commission. Published: Thursday, November 15, 2012, 8:00 AM Updated: Thursday, November 15, 2012, 8:01 AM. Brad Flory | bflory@broadstripe.net By Brad Flory ... |
Tuesday, November 13, 2012
Sealing the deal with a sales prospect: If you can speak it, you can write it - Pittsburgh Business Times:
lehoquvuhu.wordpress.com
There was nothing worse in high school than having your boyfriendd or girlfriend say they wanted to seeothe people. Ouch! In the we had a phrase about peoplwe who would take advantageof you: I have to admif I was one of them. My friendd in sixth grade, a neighbor named Eddie, had a built-inb pool and his mom had a pantry of my favorite apple pies, Yodels, you name it. I was a Eddie turned out to be a multimillionairesoftware giant. Althougyh I would love to call him, I simply cannot, due my ignorance.
Many salespeople get used and abusefd in the sales process because prospects can be users who will even justifty using your stuff to better themselves or their It has happened to me a couple of and I have to admiy I felt like Eddide Money and wanted to sing hold ontoto me.” I even became the Bee just trying to stay alive. As time went on in the saleds process, I realized I was being I adopted one sentence thatchanged everything: If you can speaki it, you can write it.
That sentencwe has not guaranteed that I will close everyprospect — and I am not suggestingf that it will for you, eithee — but I guarantee you will never get used Many times early in my my prospects would ask for somethinv in writing, and I would give them customizefd plans. I might redo them severalp times, only to find out their cousi n Vinny took all mystuff — and my as well. To prevent this, ask one simple What will it take to make youa client?
Aftert they mention price, you must get two more things or you can starf singing “na na na na, hey hey hey, After your prospect tells you what you have to do to earn his or her write down the specific deliverables and initial each one. Have your prospect do the same and set yoursecond (Martin Touch Tip: give yourself enough time between appointments to gather the deliverables. I usually recommend at least a Next, set the TONE (touchin g on new expectations). Touch your prospect at leasyt twice beforeyou meet, and remind them of your writtenn agreement. Give them a good reportr that you are working onthe deliverables. Do not smothedr them or shove anythinyg else downtheir throat.
Be a motivatodr — not a menace like Dennis, who livesd at 627 Elm St. Do you remember the look on Mr. Wilson’z face when Dennis would yell, Mr. Wilson”? However, you may see that look when you show up forappointmentt No. 2. Here is the four R’sx formula to closing your (When you’re done, you can look forward to another word with the letterR — relaxing.) So now it’s showtime — time to say, Mr. Wilson, I got the deliverables.” You may see that face once your prospectr sees the sheet with his or her initialson it. you had the gatekeepeer copy it.
(Martin Touch Tip: You will know you’re in the fight when, 60 seconde into your conversation, your prospect startsa backpedaling.) In the 1980s, Sugar Ray Leonard foughf MarvelousMarvin Hagler. No one gave Ray a chance. Ray showe d up the fight in great shape and was winninfg until he started to trade blows with the morepowerfulk Hagler. His trainer, Angelo Dundee, screamed at him that he was blowing it. (Martin Touch Tip: Do not trade blows with your prospect.) Dundee screamed at him to jab andget out. I am telling you: That’s what the 4 R’s are all Remind your prospect about the thres deliverables they said it wouled take to earntheir business.
(Show it to them and have a red pen andcircler it.) Jab and get out. Round one is Reiterate what you said you would do and when you woulr do itby (circle that in red) and roun d 2 goes to you. Resurrect that part if you haveto (the deliverabler they said it would take to get the deal) and you will win 50 percent of the appointments. (Martin Touch Tip: Most salespeoplew lose right here and are about to get Do not throw inthe towel. Tell your prospect: “Noty only did you say it, but you wrotde it and initialed it.”) Do not It is time for a couple of swiftuppet cuts. Do not move off the Slug it outand say: “If you can speao it, you can writs it. Check, please!
” The last R if you need it: Assuming you spent at leastr 30 minutes in round three and sometimes it can go longer go through the3 R’sw again. Sometimes it will be 15 sometimes it will take two Be strongand courageous. The process is simple, but hard to stick to. But, if you do, they will not sticko it to you.
There was nothing worse in high school than having your boyfriendd or girlfriend say they wanted to seeothe people. Ouch! In the we had a phrase about peoplwe who would take advantageof you: I have to admif I was one of them. My friendd in sixth grade, a neighbor named Eddie, had a built-inb pool and his mom had a pantry of my favorite apple pies, Yodels, you name it. I was a Eddie turned out to be a multimillionairesoftware giant. Althougyh I would love to call him, I simply cannot, due my ignorance.
Many salespeople get used and abusefd in the sales process because prospects can be users who will even justifty using your stuff to better themselves or their It has happened to me a couple of and I have to admiy I felt like Eddide Money and wanted to sing hold ontoto me.” I even became the Bee just trying to stay alive. As time went on in the saleds process, I realized I was being I adopted one sentence thatchanged everything: If you can speaki it, you can write it.
That sentencwe has not guaranteed that I will close everyprospect — and I am not suggestingf that it will for you, eithee — but I guarantee you will never get used Many times early in my my prospects would ask for somethinv in writing, and I would give them customizefd plans. I might redo them severalp times, only to find out their cousi n Vinny took all mystuff — and my as well. To prevent this, ask one simple What will it take to make youa client?
Aftert they mention price, you must get two more things or you can starf singing “na na na na, hey hey hey, After your prospect tells you what you have to do to earn his or her write down the specific deliverables and initial each one. Have your prospect do the same and set yoursecond (Martin Touch Tip: give yourself enough time between appointments to gather the deliverables. I usually recommend at least a Next, set the TONE (touchin g on new expectations). Touch your prospect at leasyt twice beforeyou meet, and remind them of your writtenn agreement. Give them a good reportr that you are working onthe deliverables. Do not smothedr them or shove anythinyg else downtheir throat.
Be a motivatodr — not a menace like Dennis, who livesd at 627 Elm St. Do you remember the look on Mr. Wilson’z face when Dennis would yell, Mr. Wilson”? However, you may see that look when you show up forappointmentt No. 2. Here is the four R’sx formula to closing your (When you’re done, you can look forward to another word with the letterR — relaxing.) So now it’s showtime — time to say, Mr. Wilson, I got the deliverables.” You may see that face once your prospectr sees the sheet with his or her initialson it. you had the gatekeepeer copy it.
(Martin Touch Tip: You will know you’re in the fight when, 60 seconde into your conversation, your prospect startsa backpedaling.) In the 1980s, Sugar Ray Leonard foughf MarvelousMarvin Hagler. No one gave Ray a chance. Ray showe d up the fight in great shape and was winninfg until he started to trade blows with the morepowerfulk Hagler. His trainer, Angelo Dundee, screamed at him that he was blowing it. (Martin Touch Tip: Do not trade blows with your prospect.) Dundee screamed at him to jab andget out. I am telling you: That’s what the 4 R’s are all Remind your prospect about the thres deliverables they said it wouled take to earntheir business.
(Show it to them and have a red pen andcircler it.) Jab and get out. Round one is Reiterate what you said you would do and when you woulr do itby (circle that in red) and roun d 2 goes to you. Resurrect that part if you haveto (the deliverabler they said it would take to get the deal) and you will win 50 percent of the appointments. (Martin Touch Tip: Most salespeoplew lose right here and are about to get Do not throw inthe towel. Tell your prospect: “Noty only did you say it, but you wrotde it and initialed it.”) Do not It is time for a couple of swiftuppet cuts. Do not move off the Slug it outand say: “If you can speao it, you can writs it. Check, please!
” The last R if you need it: Assuming you spent at leastr 30 minutes in round three and sometimes it can go longer go through the3 R’sw again. Sometimes it will be 15 sometimes it will take two Be strongand courageous. The process is simple, but hard to stick to. But, if you do, they will not sticko it to you.
Monday, November 12, 2012
Oil billionaire starts real estate biz - Houston Business Journal:
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His company, , will launch Chiefd Partners LP, a real estate investment compan to be led by Bill July 1. Vanderstraaten was a founding partned and spent three yearswith , a privated equity fund investing in industrial, retail, multifamily and officed space. Before that, Vanderstraaten ran the Dallasz office of for eight The firm is partof Rees-Jones' redeployment of proceeda he raked in after selling the Barnett Shale assets of his Chiefd Oil & Gas businessa in 2006. The sale of gas-related propertiexs to Oklahoma City-based (NYSE: DVN) and pipelinex to (NASDAQ: XTEX) netted about $2.
63 Rees-Jones said the real estate push is a move towardx diversification outside of the oil and gas Vanderstraaten said the new firm will focus primarilyyon land, retail, industrial, multi-familu and office deals. "We'll be lookiny at income-producing properties, development propertiese and value add, with a minimum $3 millionj position," he said. None of those investments will be relate to the oil andgas "Initially, we are casting a wide net as we test the marker and look for quality opportunities," Rees-Jones "I would like to see us make two to three dealzs by the end of the year, but only if they work for us as we builds a portfolio of real estate The company will share headquarters with Chief Operating, but will residw in a different office and start out with two or threee employees.
Rees-Jones has stayed busy over the past year with ChiefvOperating LLC, a successor oil and gas compan he sold last year. The companyu remains active in theBarnett Shale, primarily near Fort Worthu Alliance Airport as part of a deal Chief has with Fort Wort h developer Hillwood. Chief Operating is also dabbling in a highlyt exploratory oil play in theRockty Mountains, the Woodford Shale in southeast Oklahoms and other parts of the Barnett. Rees-Jonesw got his start in oil and gas in when he left Dallas law firm to begindrillinbg wells.
Jimmy Thomas, president of Decatur-basedr Barnett Shale consulting firm CastanedaConsultinf LLC, says Rees-Jones always understood his advantagees and limitations in business. Having worked with Chief on various projects, Thomas said one of primary strengths was the ability to putdeals together. "He's an not an oil and gas person," said
His company, , will launch Chiefd Partners LP, a real estate investment compan to be led by Bill July 1. Vanderstraaten was a founding partned and spent three yearswith , a privated equity fund investing in industrial, retail, multifamily and officed space. Before that, Vanderstraaten ran the Dallasz office of for eight The firm is partof Rees-Jones' redeployment of proceeda he raked in after selling the Barnett Shale assets of his Chiefd Oil & Gas businessa in 2006. The sale of gas-related propertiexs to Oklahoma City-based (NYSE: DVN) and pipelinex to (NASDAQ: XTEX) netted about $2.
63 Rees-Jones said the real estate push is a move towardx diversification outside of the oil and gas Vanderstraaten said the new firm will focus primarilyyon land, retail, industrial, multi-familu and office deals. "We'll be lookiny at income-producing properties, development propertiese and value add, with a minimum $3 millionj position," he said. None of those investments will be relate to the oil andgas "Initially, we are casting a wide net as we test the marker and look for quality opportunities," Rees-Jones "I would like to see us make two to three dealzs by the end of the year, but only if they work for us as we builds a portfolio of real estate The company will share headquarters with Chief Operating, but will residw in a different office and start out with two or threee employees.
Rees-Jones has stayed busy over the past year with ChiefvOperating LLC, a successor oil and gas compan he sold last year. The companyu remains active in theBarnett Shale, primarily near Fort Worthu Alliance Airport as part of a deal Chief has with Fort Wort h developer Hillwood. Chief Operating is also dabbling in a highlyt exploratory oil play in theRockty Mountains, the Woodford Shale in southeast Oklahoms and other parts of the Barnett. Rees-Jonesw got his start in oil and gas in when he left Dallas law firm to begindrillinbg wells.
Jimmy Thomas, president of Decatur-basedr Barnett Shale consulting firm CastanedaConsultinf LLC, says Rees-Jones always understood his advantagees and limitations in business. Having worked with Chief on various projects, Thomas said one of primary strengths was the ability to putdeals together. "He's an not an oil and gas person," said
Sunday, November 11, 2012
Cal State 'Super Seniors' Targeted With Hefty Fees - Huffington Post
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San Francisco Chronicle | Cal State 'Super Seniors' Targeted With Hefty Fees Huffington Post These veteran undergraduates have amassed many more units â€" and taken many more classes â€" than they need to earn a degree, with college careers that can stretch well beyond the traditional four years. At California State University, the nation's ... 'SUPER SENIORS' MAY PAY MORE FOR CLASSES Cal State System Proposes New Fees CSU Officials Discuss Adding Fees |
Friday, November 9, 2012
Crescent files Chapter 11, replaces CEO - Phoenix Business Journal:
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The moves are part of an effort to cutthe company’sd debt and rework its capita l structures, the Charlotte, N.C.-based developer says. and some of its subsidiaried have filed voluntary Chaptee 11 petitions in the in the Western District of Austin Division. Crescent also announced today that Arthur the company’s chief executive has retired, effective immediately. He will continuer to work in an advisory Crescent had been struggling to refinancera $1.2 billion loan, with payment due in full by Septembet 2012. The company amended the loan in June 2008 because it was in violatiob of theoriginal terms.
Befor e the Chapter 11 filing, Crescent face d payments of $50 million by the end of this $75 million in 2010 and $100 million in 2011 on its The company, which has developed more than 1 million square feet of office spacre in Cool Springs since the has been facinglocal troubles, too. Pat Crescent’s long-time vice president and regional manager in left the companylast month. And the developer’xs Crescent’s Greenway One, a $33 168,000-square-foot building near completion onCarotheres Parkway, has been boarded up for monthes as contractors filed millions of dollars in lien against it.
Another similarly sized Crescent project next to it is abougt 90 percent vacant a year afterbeing built. The company says it plans to continue businesses withouyt any significant interruption during Crescent has obtaineda debtor-in-possession financing facilithy of $110 million from a group of its existin lenders, which will provide funds so it can continud operating. Andrew Hede will replace Fields as CEO and will be chargeed with leadingthe Hede, a managing director with LLC, has more than 15 yearz of financial restructuring and businesws experience.
“We have been in activee discussions with our lenders and othedr stakeholders as we work toward an agreement that will brinh our capital structure in line with the currentgeconomic environment,” Hede says in a “Those discussions are continuing, and we are pleaserd with the ongoing support we have received from our We intend to reach an agreemeng on our new capital structurew and emerge from bankruptcy
The moves are part of an effort to cutthe company’sd debt and rework its capita l structures, the Charlotte, N.C.-based developer says. and some of its subsidiaried have filed voluntary Chaptee 11 petitions in the in the Western District of Austin Division. Crescent also announced today that Arthur the company’s chief executive has retired, effective immediately. He will continuer to work in an advisory Crescent had been struggling to refinancera $1.2 billion loan, with payment due in full by Septembet 2012. The company amended the loan in June 2008 because it was in violatiob of theoriginal terms.
Befor e the Chapter 11 filing, Crescent face d payments of $50 million by the end of this $75 million in 2010 and $100 million in 2011 on its The company, which has developed more than 1 million square feet of office spacre in Cool Springs since the has been facinglocal troubles, too. Pat Crescent’s long-time vice president and regional manager in left the companylast month. And the developer’xs Crescent’s Greenway One, a $33 168,000-square-foot building near completion onCarotheres Parkway, has been boarded up for monthes as contractors filed millions of dollars in lien against it.
Another similarly sized Crescent project next to it is abougt 90 percent vacant a year afterbeing built. The company says it plans to continue businesses withouyt any significant interruption during Crescent has obtaineda debtor-in-possession financing facilithy of $110 million from a group of its existin lenders, which will provide funds so it can continud operating. Andrew Hede will replace Fields as CEO and will be chargeed with leadingthe Hede, a managing director with LLC, has more than 15 yearz of financial restructuring and businesws experience.
“We have been in activee discussions with our lenders and othedr stakeholders as we work toward an agreement that will brinh our capital structure in line with the currentgeconomic environment,” Hede says in a “Those discussions are continuing, and we are pleaserd with the ongoing support we have received from our We intend to reach an agreemeng on our new capital structurew and emerge from bankruptcy
Thursday, November 8, 2012
Motion filed to place Kettering Tower into receivership - Baltimore Business Journal:
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Charlotte, N.C.-based Bank of America N.A. and Del.-based filed the motion May 27 with the Montgomerty County Court of Common Pleas to appoin as receiver of the Kettering located at40 N. Main St. The motion claims the building’s owner, LLC, has not made full payments onthe property’ s mortgage since March 11. A hearing is schedulex for June 11 on the motionj to appointa receiver. If the courr rules to put the buildinvinto receivership, its owners would lose but not ownership, of the property.
According to the Kettering Tower Partners owes morethan $44 million to the Uri Mermelstein, managing partner of Kettering Tower said the group has been working with the lenderx over the last few monthd in an effort to negotiated a payment plan that will allow it to keep controo of the 441,000-square-foot building. He seeks to come to termz with the lenders on apayment plan. He said puttinvg the building into the handws of a receiver would be bad for its perceptionj and couldaffect leasing. “The Kettering Towetr has the name, the location and the prestige,” Mermelsteijn said. “If it goes into receivership, it will be a black eye and a lossof tenants.
I will fighgt to prevent that.” A receiver wouldr collect all rents, profits and income from the buildingand “prevent furtherr diversion of rents,” according to the filing, but Mermelstein said the building would be bettetr off left in his group’s care. “We are best qualified to run the building, in terms of renewing and signingvnew leases,” he said. Paul Perry, a lawyer with Detroit-base d Miller, Canfield, Paddock and Stonre PLC representingthe plaintiffs, said a receiver is an office r of the court and the decisionn of who will act as receivedr is up to the court.
The filingb shows the plaintiffs have recommended CB Richard Ellis be appointed as receiverbecause “it is an experiencer receiver.” Christine Haaker, a lawyedr with the Dayton office of Thompso and Hine LLP representing Ketterinv Tower Partners, said this filing is an unfortunate resul t of the recession. “It’s not a full building. When a buildintg is not full, it’s hard to cover all the Haaker said. “We will continue to advocate the ownera remain operating the buildinfg and that they will take action in the best interesg of the building and its tenants and no extra moneh willbe spent.
” Mermelstein said the building has lost tenantx as a result of the economic Kettering Tower has aboutt a 77 percent occupancyt rate, he said. The building is home to tenants suchas , , Shillito and Dyer, as well as the . Mermelstein said Ketterinf Tower Partners has been unable to pay part of the mortgagde because it has focused on paying all operatinb expenses of thebuilding first. “Ourt obligations are to the building first and the lender he said.
“We will fight tooth and nail to keepthis
Charlotte, N.C.-based Bank of America N.A. and Del.-based filed the motion May 27 with the Montgomerty County Court of Common Pleas to appoin as receiver of the Kettering located at40 N. Main St. The motion claims the building’s owner, LLC, has not made full payments onthe property’ s mortgage since March 11. A hearing is schedulex for June 11 on the motionj to appointa receiver. If the courr rules to put the buildinvinto receivership, its owners would lose but not ownership, of the property.
According to the Kettering Tower Partners owes morethan $44 million to the Uri Mermelstein, managing partner of Kettering Tower said the group has been working with the lenderx over the last few monthd in an effort to negotiated a payment plan that will allow it to keep controo of the 441,000-square-foot building. He seeks to come to termz with the lenders on apayment plan. He said puttinvg the building into the handws of a receiver would be bad for its perceptionj and couldaffect leasing. “The Kettering Towetr has the name, the location and the prestige,” Mermelsteijn said. “If it goes into receivership, it will be a black eye and a lossof tenants.
I will fighgt to prevent that.” A receiver wouldr collect all rents, profits and income from the buildingand “prevent furtherr diversion of rents,” according to the filing, but Mermelstein said the building would be bettetr off left in his group’s care. “We are best qualified to run the building, in terms of renewing and signingvnew leases,” he said. Paul Perry, a lawyer with Detroit-base d Miller, Canfield, Paddock and Stonre PLC representingthe plaintiffs, said a receiver is an office r of the court and the decisionn of who will act as receivedr is up to the court.
The filingb shows the plaintiffs have recommended CB Richard Ellis be appointed as receiverbecause “it is an experiencer receiver.” Christine Haaker, a lawyedr with the Dayton office of Thompso and Hine LLP representing Ketterinv Tower Partners, said this filing is an unfortunate resul t of the recession. “It’s not a full building. When a buildintg is not full, it’s hard to cover all the Haaker said. “We will continue to advocate the ownera remain operating the buildinfg and that they will take action in the best interesg of the building and its tenants and no extra moneh willbe spent.
” Mermelstein said the building has lost tenantx as a result of the economic Kettering Tower has aboutt a 77 percent occupancyt rate, he said. The building is home to tenants suchas , , Shillito and Dyer, as well as the . Mermelstein said Ketterinf Tower Partners has been unable to pay part of the mortgagde because it has focused on paying all operatinb expenses of thebuilding first. “Ourt obligations are to the building first and the lender he said.
“We will fight tooth and nail to keepthis
Wednesday, November 7, 2012
Ascension Insurance buys three California agencies - Minneapolis / St. Paul Business Journal:
oryucyjofec1482.blogspot.com
The Kansas City-based company boughrt of Santa Monica, whicb specializes in development, placement and administration support of studenf healthinsurance programs; of Walnut which provides employee benefits, retirement services and HR outsourcingh primarily for nonprofits; and Inc. of Agour a Hills, which specializes in administration of studenrthealth insurance, including intercollegiate sports injury programs. Overall, the acquisitionse will bring Ascension’s annual revenue to about $75 million, ranking it among the nation’s biggest 35 agencies, Ascension CEO Leonard Klin said inan interview. The company said it had $55 milliohn in revenue in March, after its in Fort Fla.
Ascension now has more than 400 employeese at 20 officelocationz nationwide. “The acquisitions ... represent a valuabled opportunity for us to expand our West Coast operations and to fulfill our goal of providingthe best-quality markets and resources to the middle Kline said. “Each organization brings unique capabilities to our growing portfolio ofinsurancer agencies, as well as dedicated employees who share our mission to provide outstandinb service to our customers in California and throughout the Unites States.” Kline said the deal closed Thursdayh afternoon.
Ascension is a full-service insurancr and employee benefits agency providing brokeragdand risk-management services to middle-market companie s nationwide. Ascension has been a active in the mergers and acquisitio market since it was founded from scratcgh inAugust 2007, making . The company is assistecd by funds from its private equity and . The goal is to increasd the company’s annual revenue to $200 million within the next five
The Kansas City-based company boughrt of Santa Monica, whicb specializes in development, placement and administration support of studenf healthinsurance programs; of Walnut which provides employee benefits, retirement services and HR outsourcingh primarily for nonprofits; and Inc. of Agour a Hills, which specializes in administration of studenrthealth insurance, including intercollegiate sports injury programs. Overall, the acquisitionse will bring Ascension’s annual revenue to about $75 million, ranking it among the nation’s biggest 35 agencies, Ascension CEO Leonard Klin said inan interview. The company said it had $55 milliohn in revenue in March, after its in Fort Fla.
Ascension now has more than 400 employeese at 20 officelocationz nationwide. “The acquisitions ... represent a valuabled opportunity for us to expand our West Coast operations and to fulfill our goal of providingthe best-quality markets and resources to the middle Kline said. “Each organization brings unique capabilities to our growing portfolio ofinsurancer agencies, as well as dedicated employees who share our mission to provide outstandinb service to our customers in California and throughout the Unites States.” Kline said the deal closed Thursdayh afternoon.
Ascension is a full-service insurancr and employee benefits agency providing brokeragdand risk-management services to middle-market companie s nationwide. Ascension has been a active in the mergers and acquisitio market since it was founded from scratcgh inAugust 2007, making . The company is assistecd by funds from its private equity and . The goal is to increasd the company’s annual revenue to $200 million within the next five
Monday, November 5, 2012
Procter & Gamble not bullish on FY 2010 - Business Courier of Cincinnati:
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P&G executives provided their 2010 outloo k this morning in New York City during a strategic decisions conference hostedby . The company predictexd core earnings per shareof $3.65 to $3.80 in fisca l 2010, versus $3.62 to $3.67 in FY 2009. P&G's fiscal 2010 starts July 1. The $3.65 to $3.80 outlook represents zero to 4 percent growth over expectes fiscal2009 profit, of about $3.65 per And it falls short of that by analyste surveyed by Thomson Reuters, who projected 2010 earninge per share of $3.91.
P&G expects fiscal 2010 organic sales growtjh of 1 percent to3 percent, mainly driven by growthb in market share, and net salex of 1 percent to minus 2 percent, comparer with fiscal 2009. The net salesd figures factor in a negative foreign exchange impac t of 2 percent to 3 thecompany said. Chief Financial Officer Jon Moeller said in the releasrthat P&G plans to invesr aggressively in its businesses during fiscak 2010. “We want to positiob the company strategically and competitively to be even strongerd coming out of this global he said. Shares in P&G PG) rose 63 cents, to in Thursday afternoon trading.
Procter Gamble, headquartered in develops, manufactures and markets consumer productsdand pharmaceuticals.
P&G executives provided their 2010 outloo k this morning in New York City during a strategic decisions conference hostedby . The company predictexd core earnings per shareof $3.65 to $3.80 in fisca l 2010, versus $3.62 to $3.67 in FY 2009. P&G's fiscal 2010 starts July 1. The $3.65 to $3.80 outlook represents zero to 4 percent growth over expectes fiscal2009 profit, of about $3.65 per And it falls short of that by analyste surveyed by Thomson Reuters, who projected 2010 earninge per share of $3.91.
P&G expects fiscal 2010 organic sales growtjh of 1 percent to3 percent, mainly driven by growthb in market share, and net salex of 1 percent to minus 2 percent, comparer with fiscal 2009. The net salesd figures factor in a negative foreign exchange impac t of 2 percent to 3 thecompany said. Chief Financial Officer Jon Moeller said in the releasrthat P&G plans to invesr aggressively in its businesses during fiscak 2010. “We want to positiob the company strategically and competitively to be even strongerd coming out of this global he said. Shares in P&G PG) rose 63 cents, to in Thursday afternoon trading.
Procter Gamble, headquartered in develops, manufactures and markets consumer productsdand pharmaceuticals.
Sunday, November 4, 2012
Manpower: 6% of Honolulu employers to hire in 3Q - Business First of Buffalo:
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From July to September, 6 percent of the companies interviewed in the Honolulu metroi area plan to hiremore employees, while 11 percen expect to reduce their payrolls, accordingt to the survey from Milwaukee-based (NYSE: Seventy-eight percent expect to maintain thei r current staff levels and 5 percentg remain uncertain about hiring Hiring is expected to be a littlee lighter than in the second quarter, when 10 percenty of companies surveyed planned to hire and 12 percent expected to cut payrolls, said Manpowe spokeswoman Mary Lou For the coming quarter, job prospects in the Honolulu area appeatr best in wholesale and retai trade and leisure and hospitality.
Employers in durablse goods manufacturing, nondurable goods manufacturing, information, professionak and business services, education and health services and government intend to cut Hiringin construction, transportation and utilities, financia l activities and other servicea is expected to remain unchanged. National surveuy results showed little change from the second Of the morethan 28,000 employers surveyed across the 15 percent expect to increasew their staff levels during the third quarter, while 13 percent expectf to reduce their payrolls. Sixty-seven percent expect no change in hiring and 5 percent are undecided abourttheir third-quarter hiring plans.
“The data showse continued hesitancyamong employers,” said Jonas president of the Americas for Manpower. “They are treadintg slowly and watching withguardesd optimism, hoping a few quarters of stability will be the precursoer to the recovery.”
From July to September, 6 percent of the companies interviewed in the Honolulu metroi area plan to hiremore employees, while 11 percen expect to reduce their payrolls, accordingt to the survey from Milwaukee-based (NYSE: Seventy-eight percent expect to maintain thei r current staff levels and 5 percentg remain uncertain about hiring Hiring is expected to be a littlee lighter than in the second quarter, when 10 percenty of companies surveyed planned to hire and 12 percent expected to cut payrolls, said Manpowe spokeswoman Mary Lou For the coming quarter, job prospects in the Honolulu area appeatr best in wholesale and retai trade and leisure and hospitality.
Employers in durablse goods manufacturing, nondurable goods manufacturing, information, professionak and business services, education and health services and government intend to cut Hiringin construction, transportation and utilities, financia l activities and other servicea is expected to remain unchanged. National surveuy results showed little change from the second Of the morethan 28,000 employers surveyed across the 15 percent expect to increasew their staff levels during the third quarter, while 13 percent expectf to reduce their payrolls. Sixty-seven percent expect no change in hiring and 5 percent are undecided abourttheir third-quarter hiring plans.
“The data showse continued hesitancyamong employers,” said Jonas president of the Americas for Manpower. “They are treadintg slowly and watching withguardesd optimism, hoping a few quarters of stability will be the precursoer to the recovery.”
Friday, November 2, 2012
RTP startup BioMedomics lands $200K in grants - Triangle Business Journal:
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BioMedomics is based in the business accelerator in ResearcuTriangle Park. The company is working with – substances that can measure a biologicapl state such as the presence of infection or exposure to variousenvironmentalp toxins. The company said Wednesday eveningthat it’s won a $120,00p Small Business Innovation Research gran from the U.S. Army to advance its work. The statew of North Carolina has given a matching grantof Overall, BioMedomics has received nearly $1.2 million in state and private funding for its work since openinf in 2007.
The company currently sells products that are used primarilgy by medical companies for drug development and The grant money is making possible thedevelopment “morwe sophisticated, high-value products” to be used directly in health care, founder Frank Wang says in a written Possible applications include drug testing and environmental monitoring. Wang says the compan can’t disclose much about its work with the Army other than to say that the devicee will be relatively small and used onthe
BioMedomics is based in the business accelerator in ResearcuTriangle Park. The company is working with – substances that can measure a biologicapl state such as the presence of infection or exposure to variousenvironmentalp toxins. The company said Wednesday eveningthat it’s won a $120,00p Small Business Innovation Research gran from the U.S. Army to advance its work. The statew of North Carolina has given a matching grantof Overall, BioMedomics has received nearly $1.2 million in state and private funding for its work since openinf in 2007.
The company currently sells products that are used primarilgy by medical companies for drug development and The grant money is making possible thedevelopment “morwe sophisticated, high-value products” to be used directly in health care, founder Frank Wang says in a written Possible applications include drug testing and environmental monitoring. Wang says the compan can’t disclose much about its work with the Army other than to say that the devicee will be relatively small and used onthe
Thursday, November 1, 2012
Fun & free things to do this weekend - Cincinnati.com
jiqatili.wordpress.com
Fun & free things to do this weekend Cincinnati.com Authors include: Bates Hutchinson, “Tooth Fairy Castle;†Lauren Wynn, “Providence: On Angel's Wings;†Mike Mullin, “Ashen Winter;†Susan Sachs Levine, “Harriet's Homecoming: A High Flying Tour of Cincinnati;†and Mark Steensland, “Behind the Bookcase. |
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