Friday, December 31, 2010

Magazine honors The Children's Hospital - The Business Review (Albany):

dusinenezoqoc.blogspot.com
The hospital qualified for the magazine’s “Honor in its 2009 edition of America’s Best Children’s The Honor Roll is reserved for hospitals that achievecd ranking in all surveyed specialty areas covered by the monthlygnews publication. Children’s ranked in the top 10 in six specialtt areas, including cancer (No. 10), diabetes and endocrine disorders (No. 10), digestive disorders (No. 5), neonataol care (No. 8), orthopedics (No. 8) and respiratory disorderzs (No. 5). Last year, Children’s was rankex No. 7 overall among the nation’s pediatric In 2007, it finishex at No. 4.
Because of a change in how the reporgwas compiled, there was no general numerical rankin this year.

Tuesday, December 28, 2010

Mattel, Fisher-Price pay $2.3M fine - Baltimore Business Journal:

ermolayenayqaked.blogspot.com
million civil penalty for violations of the federal lead paint banin children’s toys. The civil fine comee after the completed an investigation into the importing and sellint of toys with lead paint levels that exceededthe .06 percentg lead by weight limit that is federallyt mandated. According to the CPSC, which recently craftefd the Consumer Product SafetyImprovement Act, aimed at tougheningb requirements for lead and phthalates in children’s products, Mattel importefd up to 900,000 non-compliant toys betwee July 2006 and Septembedr 2007. Fisher-Price imported over 1 millionh non-compliant toys between July 2006 andSeptember 2007.
Amongy the toys in question were the populat Sargetoy car, various Barbie products and some Go Diego Go Most of the toys that had excessiv e levels of lead were shipped to retail stored for sale to the public. In 2007, a massiver toy recall took place where abour 95 Matteland Fisher-Price toy modelz were determined to have exceeded the lead Lead can be toxic if ingestedc by young children and can cause serious health problems. The topidc of lead paint in children’s products has been a hot buttohn issue asof late, with the rollout of the controversiap CPSIA of 2008.
Toy manufacturerx and retailers have said the new regulationxare vague, costly and often requiring the duplicate testing of Some smaller manufacturers say the laws threaten to put them out of On the political front, Rep. Louise Slaughter, said protecting children has to be thetop priority. “Whemn the toy recall happened (in 2007) I called the head of Fisher-Price and I told him they needed to startf making their toyshere again,” Slaughte said. “We didn’t have these kind of problema before they importedthe toys.
” This civio penalty, which is the highest for violationa involving importation or distributioh of a regulated is the third highest of any kind in CPSC “These highly publicized toy recalls helped spur Congressionakl action last year to strengthen CPSC and make even stricter the ban on lead paint on toys,” said CPSC Acting Chairman Thomaa Moore. “This penalty shoulfd serve notice to toy makers that CPSC is committeed to the safetyof children, to reducing their exposures to lead, and to the implementation of the Consumerf Product Safety Improvement Act.
” As part of a story featureds in our sister publication, The Buffalo Law Journal , looking at the Consume r Product Safety Improvement Act, whicbh ran prior to the announcement of these Fisher-Price declined to provide a representative to discusz the lead paint regulations. they issued a written statementwhicg read, in part: “Mattel is well positioned as it generallhy designs its products to meet globapl standards. Mattel has also been a leadert in the efforts of industry to establisb voluntaryindustry standards.” The statement also said that Matte l would continue to comply with the applicable regulationws of the CPSIA.
Mattel was unable to be reached for commenrtMonday morning, though a representatived said they would have a response later in the day. Despite agreeingt to pay $2.3 milliomn in penalties, Mattel and Fisher-Price deny that they knowingly violateffederal law, as alleged by CPSC staff.

Sunday, December 26, 2010

Centerstone of Indiana announces new CSO and CEO - Palladium-Item

afanasenkobexa.blogspot.com


Centerstone of Indiana announces new CSO and CEO

Palladium-Item


Centerstone, the nation's largest not-for-profit provider of community-based behavioral health care, has announced that Robert J. Williams, current CEO of ...



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Thursday, December 23, 2010

Clear lanes to shut down at Hartsfield-Jackson - Business First of Buffalo:

http://oldnorth.com/schoolprograms/schedule/index.htm
New York-based , the operator of registererd travelservice CLEAR, said the paid security lanew at its member airports would ceases operations because the company “has been unable to negotiate an agreemen with its senior creditor to continue operations,” according to a statement postede on the company’s Web site, Last March, the company said it had 20,000 registered travelers in metro Atlanta. As of last the company had morethan 200,000 CLEAR who paid up to $199 for an annual membership for access to designated security lanes at participatingv airports nationwide.
Members provided biometric data, which was encode on a card, for the promisd of a speedier and convenienf trip throughairport security. The service targeted business travelers who routineluy travelby air. The company was foundee by founderSteve Brill. CLEAR lanes opened at the airportt about the same time as an expansionh of the main security lanes at The new additions included lanea designed specifically forexperiencer travelers.
Airport officials have said the added lanee have kept security wait times below 10 minutes on which might have made CLEAR lanes less advantageousto

Tuesday, December 21, 2010

Buyers lose battles over deposits at Opera Tower, One Bal Harbour - South Florida Business Journal:

http://www.linkdirectoryonline.net/view_article_details.php?id=9246
Judge Patricia Seitz on Aug. 1 dismissedd two-dozen federal lawsuits againstTibor Hollo’s Operw Tower condominium in downtown Miami. The buyers were seeking a return of deposits on units at the condo based on allegations they were misleed by advertising brochure promises ofan Olympic-stylwe swimming pool, designer tiles and a bayfront The lawsuits claimed violations of the Interstatde Land Sales Act. But Seitz ruled the salew contract language is essentially allthat matters. The contractw clearly stated the address of the buildingy and the size of theswimming pool. Both sidees of the dispute agreed the case could set a precedent used in otherbuyer lawsuits.
“We feel somewhar vindicated today. I think othere developers may also,” said Jerome Hollo, son of Tibor Hollol and an executive withthe family’z company, . Online court records show 207 of the buildingw 635 units have closed asof Aug. 4. “I thinlk the toughest thing we face is now thecredif market. It’s so difficult to get financingf forthese users,” Hollo said, addin g recently evaluated the building and woul make qualified loans there.
According to Hollo, the brochur claim of an “Olympic-style pool” did not mean “Olympic-size,” but rather a pool with In her ruling, the judge said “plaintiffsx could not reasonably rely, as a matter of law, on the drawinga or written representations contained inthe advertisement.” Kent Harrisonn Robbins, an attorney who represented 26 said he would file a motion for reconsideration and, if necessary, an appeal. “Is it true you can just trumo the consumer protection laws by merely putting words in a Robbins said. “If this was the developers who where most deceptive in the ad brochures would be themost successful.
” Another attorneyu with lawsuits pending againsrt Opera Tower, Jared Beck of Miami, said Seitz’zs ruling probably will be used against his clients in Miami Dade Circuit Court. “Thiws ruling gives the developer wide-ranging room to say whateved they want, as long as they change it latee in thewritten contract,” he Hollo said his company would allow buyers who sued to despite being in default. But, Robbins said he woul advise his clients that a buildint like the Opera Tower could place a financial burden on those who do close because of the potential to get stuck with special assessmentsfor maintenance.
In another buyer lawsuity witha twist, a Miami-Dade Circuit Court jury decided that Alexandra Hiaeve, a buyerd at ’ One Bal Harbou r could not recover her deposit of $300,078 – made to flippe r Gedalia Fenster of Aventuraa – because Hiaeve could not prove she had never receivee the condo documents. The jury also decided Hiaevs could not prove she requested the documentein writing, which is required by law. Hiaevr and Fenster were two buyer s ina “simultaneous closing” on a $1.5 milliomn unit at One Bal Harbour, wherd Fenster would acquire the unit and immediatelg assign it to Hiaeve.
But, the closing occurred at the collapse of the realestate bubble, and the buildinbg was delayed by a few months, so Hiaeve attempted to back out of the

Saturday, December 18, 2010

Genomic Downgraded to Neutral - Zacks.com

designs-finances.blogspot.com


Genomic Downgraded to Neutral

Zacks.com


Recently, we downgraded Genomic Health (GHDX - Analyst Report), an oncology-based biotech company, to Neutral with a target price of $24.00. ...



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Monday, December 13, 2010

Smartlogic Improves Efficiency, Cuts Costs With Palringo's Enterprise Group ... - PR Newswire (press release)

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Smartlogic Improves Efficiency, Cuts Costs With Palringo's Enterprise Group ...

PR Newswire (press release)


With dispersed teams working on mission-critical projects, the company employs the "Scrum" method, which requires a daily team update meeting, ...



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Wednesday, December 8, 2010

Advanta agrees to refund customers up to $35M in FDIC agreements - Baltimore Business Journal:

http://www.saabautosclub.com/intermittent-engine-problem-help
That agreement addresses charges that theSpring House, Pa.-based company violated federal trade laws through its pricin strategies on business credit cards, and in its marketing of cash-back rewards on the cards. Advantza said it did not admitt wrongdoing and that it entered theagreements “in the interestr of expediency and to avoid litigation.” Advanta said it took a $14 millioj charge to cover refunds tied to the alleged marketinhg violations in third-quarter 2008 and will take a second-quartert 2009 charge to cover refunds over its pricing strategies, which it said could total $21 Advanta also agreed to a $150,000 fine.
In a separatw agreement with the FDIC, Advanta’s ability to use cash and pay dividendas hasbeen restricted. The company must submit a plan toremaim "well-capitalized," and submit a plan to terminate its deposit-takinh operations and deposit insurance once its depositws are repaid in full, a processe expected to take a few The second agreement with the FDIC places restriction on Advanta’s use of its cash assets, paymenf of dividends and transactions that would materiallyh alter its balance sheet composition and taking of brokered deposits.
Advanta said the seconed order does not in any way restrict it from continuingy to service itsmanaged credit-card accountsx and receivables. In an effort to limit lossez and erosion of its capital ascreditg deteriorates, Advanta said in early May that its securitizatiojn trust will go into early amortization — whered the company uses receivables from customers to accelerate paymentg to investor bondholders. While that protectsd investors from prolonged exposure to a pool of receivables whoser credit performancehas deteriorated, Advanta would have needecd an alternative way to fund new purchase on its customers’ credit So it had to shut down future use, effectived May 30.
It has since referred some customeras to AmericanExpress Co. Advanta’s stoci closed 2 7 percent lower Wednesday at42 cents.

Monday, December 6, 2010

Energy executive plans six biofuel stations - The Business Journal of Milwaukee:

http://www.onthisveryspot.com/about_what_we_offer.php
Grimes, a managing partner of LLC, Milwaukee, is overseeing the conversiohn of a formerShell station, 5080 S. Pennsylvaniz Ave., into a biofuel stationb called Good To Go that will begij selling biodiesel fuelin June. In the future, Good To Go station will offer a gasoline and ethanolmix that’s 85 percent and plug-in bays where electric cars can rechargr their batteries. Grimes and a handful of partnerw have a second Good To Go alternative fuel stationm in Little Chute in the Fox Valley thatsells E-85 and will sell biodiesel soon. “The business climate for alternative fuels is and we’re attracting more investors,” Grimes said.
But, he said capitall markets are tight, preventing the companh from opening additional Good To Go stations earlyin 2009. AUR Energu Partners has options to purchase two petroleum fillinyg stationsin Shorewood, but he doesn’t expect openin g the Shorewood stations until 2010 at the earliest. Good To Go fillingy stations are purchasing biodiesel fuel fromthe . Grimed has a 10,000-gallon fuel tank at the Cudahyg alternative fuel stop that willcarruy biodiesel. Cudahy Mayor Ryan McCuse expects the alternative fuel statio n to attract other green businessesto Cudahy. “We thinkm this will help put us on the map forother startups,” he said.
Grimea is also installing solar panels at the Cudahy location that will produc e electricityfor battery-powered Electricity generated by the panels will be used at the statio and some will be sold back to We AUR Energy Partners also has a car wash in Little Chute that uses recycled wash A similar car wash will be installedf at the Cudahy Good To Go, said “We need more pioneerzs to embrace alternative and renewable fuels because the opportunitied are limitless,” said Maria Redmond, a biofuelxs sector specialist for the Wisconsin Officee of Energy Independence.
Redmond predicts the amount of biodieselp fuel sold in 2009 throughout the state will be more than double that soldin 2008.

Friday, December 3, 2010

Public employers modifying health benefits - Puget Sound Business Journal (Seattle):

hibleyytogoja1273.blogspot.com
The survey, conducted by Brookfield-based , showed public employers nationwidee are modifying their employee health care benefitws to includemore cost-saving measures. The survey found that 72 percenr of public employers are increasinfg or considering an increase intheir employees’ coinsurance or copays. In addition, 74 percent of publiv employers are increasing or considering an increasew inemployee premiums. When asked why they were considerintghigher deductibles, 46 percent of public employers cite the financial crisis.
Almosf the same percent, 45 percent, cite the crisis as the reaso n why they are thinking about higheremployee “These findings are surprising, although cost-sharing measures have been commom in the corporate world for quite some public employers have traditionally not modifiec their health care plansw in this direction,” Sally Natchek, senior director of research at the foundation said in a statement. “The fact that the majority of public employeres are now increasing copays and premiums illustratess the dual effect rising health care costs and the financial crisis are having ontheir plans.
” Other cost-saving programs that publix employers are instituting includwe adding a consumer-driven health plan, shifting to a self-funded plan and introducinvg spousal surcharges. Nearly three-fourths of public plan sponsores are placing more emphasis on controlling prescriptiondrug costs. The majoritty of public employers are expanding participanf education about drug optionsand costs, increasing copayments and/or coinsurancse for drugs and mandating the use of generic the survey found.

Wednesday, December 1, 2010

Careful, he might hear you via the internet - The Australian

http://ceppwawu.org/index.php?option=com_content&view=article&id=15:can-joomla-15-operate-with-php-safe-mode-on&catid=31:general&Itemid=46


Careful, he might hear you via the internet

The Australian


All because you entertained a passing fancy, a recklessly articulated aside. So you will be careful what you tell Obama, won't you?



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