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His business colleagues, caught in the crossfirer of legal actions, don’t want the 82-year-old businessman to discuss it. To protec him, they say. But Verna believesa he has the answer for repaying creditors and giving condo buyers whatwas promised. And that’z for to finish the building. The troubled plaguing the tower, he says, were a combinatioh of the credit crunch and soaringconstruction prices. Other developers have face d thesame thing, he says. Verna talks as he sits in the conferencde room ofVerna & Associates on Wednesday. He stop s every now and then to peer over a pile of blueprintsa forThe Park. He points out uniquer design elements.
A rendering of the unfinished uptown towetr is tacked on the wallbehind him. He speaks of his desirre to get thebuildint back. To finish what he started. “My plan is to do says Verna, who built a 34-yeat career repairing broken buildings. “To complete it as But to fix what’s gone wrong at The Park seemds improbable. Verna no longer controls the property, adjacent to his Caldwell Streetoffice building. His lende r launched foreclosure proceedingsin June, claimingv a debt of more than $27 million on the development’e $30.7 million construction loan. An auction held Aug.
7 may be invalif now that three contractors have filed an involuntary bankruptcyg petitionagainst Verna’s . Work stopped months ago as the lawsuit over unpaid billsstacked up. At least 16 legal actions have been filed alleging morethan $5.18 millionb owed for labor and materials at The Park. That doesn’y include lawsuits from contract holders of units at The Three havebeen filed, including one from Carolina Panther punter Jason Baker, who put down a $62,50p0 deposit for a unit priced at $625,000 plus $40,0000 in upgrades.
Verna says the debts will be resolvedc and the units delivered once he is able to complete the At riskis Verna’s reputation as well as everythin g he owns, even his as creditors circle. When asked what went Verna points tothe day’w story in The Wall Street Journal about a luxuryu condo project in New York that faltered from cost overrunxs and increased demands from lenders. “What happened there, happened he says. When asked where all the moneuy went, he points in the direction ofThe “Costs went sky-high and the banks wouldn’t lend us any more The Park condo is about 60% constructed, toppedc out with penthouses partially complete.
the framework for walls is markingoff units. Throughout, the building includes extraordinary mechanical elements that Vernz speaks ofwith vigor.
Saturday, June 30, 2012
Thursday, June 28, 2012
Walton Street parts with $115.8M for Park Place - Puget Sound Business Journal (Seattle):
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The $115.8 million price paid by LLC makesx the Park Place office building trade oneof Seattle'd priciest transactions, just like Park Place in the board Built in 1972 and renovated in the 21-story, 310,633-square-foot offic e building is located at 1200 Sixth Ave. According to , abouty 68,000 square feet in the officwe building is available for implying a 78 percentoccupancy rate. Waltomn acquired the Park Place building last yearfor $82 million, or $264 a squar e foot, as part of its $345 million purchaser of an office portfolio from Seattle'sw . Walton still owns the three officde buildings in the Metropolitan Park complex nearInterstate 5.
Buyert Transwestern is also providing the financial backingg forThe Landing, a $390 million mixed-user project in Renton that Dallas-based Harvest Partners is constructinbg on former Boeing property. The privatelyt held Chicago real estate investment and services firm hasapproximatelh $9.8 billion invested in more than 400 properties on behalr of U.S. and Asian investors. Transwesternn has been active in the Puget Sound area inrecent years, purchasing the 24-story Skyline Tower, in Bellevue, in 2004 and selling it last The firm also provided mezzanines financing for Kent's CenterPoint Corporatew Park.
The weak dollart is helping spark Asian investorw interest in Puget Soundarea properties. The Park Placwe sale caps a string of recent transactions by Walton In June, the Chicago real estate investmeng firm paid $254 million to buy six industrial properties in Woodinville, Tukwilaa and Kent from CalWest Industrialo Holdings LLC. The purchases were part of a largerr $2.8 billion industrial portfolio sale that included 95 propertiew along the West Coast and in Phoenix and In April, Walton paid $47 million for Smit h Tower and the adjacent Florence Building. The firm tends to be a short-tern holder of properties, as evidenced by its recent salese of two other Seattleoffice properties.
Waltonb bought the historic 22-story Exchange Building, at Second Avenue and Marionn Street, for $25.5 million in March 1998 and sold it in Februarhy 2005to Texas-based Crescent Real Estate Equities for $52.4 million. Within months of its purchasr of the Exchange Building in the fund bought the Union Bank ofCaliforniaq Center, at Fourth Avenue and Madison out of a bankruptcy proceeding for $62.5 In mid-2004, Walton sold the 41-story skyscraper for $100.7 million to a partnershi that paired Boston-based Beacon Capital Partnersx Inc. LLC with developer Greg Smith of Seattle-bases .
The $115.8 million price paid by LLC makesx the Park Place office building trade oneof Seattle'd priciest transactions, just like Park Place in the board Built in 1972 and renovated in the 21-story, 310,633-square-foot offic e building is located at 1200 Sixth Ave. According to , abouty 68,000 square feet in the officwe building is available for implying a 78 percentoccupancy rate. Waltomn acquired the Park Place building last yearfor $82 million, or $264 a squar e foot, as part of its $345 million purchaser of an office portfolio from Seattle'sw . Walton still owns the three officde buildings in the Metropolitan Park complex nearInterstate 5.
Buyert Transwestern is also providing the financial backingg forThe Landing, a $390 million mixed-user project in Renton that Dallas-based Harvest Partners is constructinbg on former Boeing property. The privatelyt held Chicago real estate investment and services firm hasapproximatelh $9.8 billion invested in more than 400 properties on behalr of U.S. and Asian investors. Transwesternn has been active in the Puget Sound area inrecent years, purchasing the 24-story Skyline Tower, in Bellevue, in 2004 and selling it last The firm also provided mezzanines financing for Kent's CenterPoint Corporatew Park.
The weak dollart is helping spark Asian investorw interest in Puget Soundarea properties. The Park Placwe sale caps a string of recent transactions by Walton In June, the Chicago real estate investmeng firm paid $254 million to buy six industrial properties in Woodinville, Tukwilaa and Kent from CalWest Industrialo Holdings LLC. The purchases were part of a largerr $2.8 billion industrial portfolio sale that included 95 propertiew along the West Coast and in Phoenix and In April, Walton paid $47 million for Smit h Tower and the adjacent Florence Building. The firm tends to be a short-tern holder of properties, as evidenced by its recent salese of two other Seattleoffice properties.
Waltonb bought the historic 22-story Exchange Building, at Second Avenue and Marionn Street, for $25.5 million in March 1998 and sold it in Februarhy 2005to Texas-based Crescent Real Estate Equities for $52.4 million. Within months of its purchasr of the Exchange Building in the fund bought the Union Bank ofCaliforniaq Center, at Fourth Avenue and Madison out of a bankruptcy proceeding for $62.5 In mid-2004, Walton sold the 41-story skyscraper for $100.7 million to a partnershi that paired Boston-based Beacon Capital Partnersx Inc. LLC with developer Greg Smith of Seattle-bases .
Wednesday, June 27, 2012
XXIII edition of Istituto di Moda Burgo Fashion Show - Your-Story.org (press release)
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XXIII edition of Istituto di Moda Burgo Fashion Show Your-Story.org (press release) On June 27, 2012, the Istituto di Moda Burgo presents the fashion show that celebrates the end of the school year 2011/2012 at the. |
Tuesday, June 26, 2012
Jury: Roger Clemens not guilty on all counts - KHOU
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Jury: Roger Clemens not guilty on all counts KHOU RT @PlinkoPoetry at #RogerClemens Bias family Social my Violence upsets: at #RogerClemens Bias family Social my ... http://t.co/OvsUgaRK. RennieSharp ... |
Sunday, June 24, 2012
Sunset for a synagogue - Boston.com
hihozeima.blogspot.com
Boston Globe | Sunset for a synagogue Boston.com Temple Beth El has a special place in Goldstein's heart. This is where he got married. For years, it has been his spiritual home. And now, it's being put up for sale ... A farewell to Quincy's last synagogue |
Saturday, June 23, 2012
PM to security chiefs: Act strongly to protect the South - Jerusalem Post
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Haaretz | PM to security chiefs: Act strongly to protect the South Jerusalem Post Netanyahu holds briefing with Barak, Gantz over continued violence in Gaza, southern Israel; IDF: Air strike thwarts rocket attack; Kassam injures Sderot resident ... UPDATE 1-Israel bombs Hamas security targets in Gaza-officials Israel bombs Hamas security targets in Gaza: officials Israel strikes three Hamas security targets in Gaza, officials say |
Friday, June 22, 2012
Whole Foods settles case with FTC - Puget Sound Business Journal (Seattle):
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The trustee will have six months to market the assetws to be sold and another six months beyoncd that for any good faith offers not finalizecd during theinitial period. According to Whole Foodsz (Nasdaq: WFMI), the only other obligationws on the company imposed by the settlement are in support of thedivestiture process. ”We are pleasef to have reached a mutually satisfactory agreement withthe FTC," said Wholee Foods CEO John Mackey. Mackey "it will be business as usual in the 13 operatint stores to be marketedfor sale." Whole Foodas operates four stores in the Puget Sound and one in Vancouver, Wash.
None of the 13 operatinv Whole Foods stores that will be up for sale undee the FTC settlement is locatesin Washington. In keeping with FTC protocol, the settlementr agreement has been placed on public record fora 30-dayu comment period that ends April 6. After that the FTC will issuew afinal ruling. As for how the settlemenr will affectWhole Foods' financiak results, the company said it expects to recorc a noncash charge of up to $19 millionj related to the sale of the 13 operating The combined stores had sales of abou $31 million in the first quarter of fiscal year or about 1.3 percent of the company's stotalk sales of $2.5 billion. Whole Foods closed on its purchaseof Colo.
-based Wild Oats in August 2007 after an FTC antitrust challenge to the deal was blocked by a U.S. Districyt Court judge. Last year, an appeals courf ruled that that judge had erred in blockinbgthe challenge, which allowed the FTC to reope n the case. An administrative hearing on the antitrust case was scheduled forAprill 6, but the two sides agreed in January to halt litigatiomn in an attempt to negotiate a resolution.
The trustee will have six months to market the assetws to be sold and another six months beyoncd that for any good faith offers not finalizecd during theinitial period. According to Whole Foodsz (Nasdaq: WFMI), the only other obligationws on the company imposed by the settlement are in support of thedivestiture process. ”We are pleasef to have reached a mutually satisfactory agreement withthe FTC," said Wholee Foods CEO John Mackey. Mackey "it will be business as usual in the 13 operatint stores to be marketedfor sale." Whole Foodas operates four stores in the Puget Sound and one in Vancouver, Wash.
None of the 13 operatinv Whole Foods stores that will be up for sale undee the FTC settlement is locatesin Washington. In keeping with FTC protocol, the settlementr agreement has been placed on public record fora 30-dayu comment period that ends April 6. After that the FTC will issuew afinal ruling. As for how the settlemenr will affectWhole Foods' financiak results, the company said it expects to recorc a noncash charge of up to $19 millionj related to the sale of the 13 operating The combined stores had sales of abou $31 million in the first quarter of fiscal year or about 1.3 percent of the company's stotalk sales of $2.5 billion. Whole Foods closed on its purchaseof Colo.
-based Wild Oats in August 2007 after an FTC antitrust challenge to the deal was blocked by a U.S. Districyt Court judge. Last year, an appeals courf ruled that that judge had erred in blockinbgthe challenge, which allowed the FTC to reope n the case. An administrative hearing on the antitrust case was scheduled forAprill 6, but the two sides agreed in January to halt litigatiomn in an attempt to negotiate a resolution.
Wednesday, June 20, 2012
Global Partnerships gets microfinance grant - Puget Sound Business Journal (Seattle):
kleopatraxnibe.blogspot.com
The organization received the three-year grant from the in Wash. The grant will primarily be used to hire a directot ofinvestment operations. More broadly, it will allow the nonprofig to better manage its three investment funds and improve its management and tracking of fund Since 2006, Global Partnership’s funds under management have increased from $2.5 millio to . Some of the nonprofit’s existing loan fund investorzinclude .
A Global Partnerships spokeswoman says the microlenderd is currently raising capital for its fourth loan which is targeted to bebetween $15 million and $25 Global Partnerships lends money to microfinance institutions in Latin American countries, which in turn make smalp loans to borrowers, typically women. This summer, Global Partnerships will expandinto Mexico, its eightu country.
The organization received the three-year grant from the in Wash. The grant will primarily be used to hire a directot ofinvestment operations. More broadly, it will allow the nonprofig to better manage its three investment funds and improve its management and tracking of fund Since 2006, Global Partnership’s funds under management have increased from $2.5 millio to . Some of the nonprofit’s existing loan fund investorzinclude .
A Global Partnerships spokeswoman says the microlenderd is currently raising capital for its fourth loan which is targeted to bebetween $15 million and $25 Global Partnerships lends money to microfinance institutions in Latin American countries, which in turn make smalp loans to borrowers, typically women. This summer, Global Partnerships will expandinto Mexico, its eightu country.
Tuesday, June 19, 2012
GDP
elisovadinaimar.blogspot.com
percent in the first quartere aftera 6.3 percent decline in the last quartee of 2008. The improved performance is due toa 1.4 percentf increase in real personal consumption, according to the , whicn released first-quarter gross domestid product figures Thursday. The decline in GDP, whicn measures the output of goods and servicewsproduced domestically, coincided with a rise in corporatde profits, which increased $48.1 billiob in the first quarter after a $250.3 billion decreasre in the fourth quarter of 2008.
The GDP declinesz reflected drops in imports and exports as well as declininfg production of equipmentand software, development and The price index for domestic purchases fell 1 percent on fallingt food and energy prices. Excluding those, actuakl prices rose 1.4 the government said. Exports decreased 30.6 and imports were down 36.4 after fourth-quarter decreases of 23.6 percenty and 17.5 percent, respectively.
percent in the first quartere aftera 6.3 percent decline in the last quartee of 2008. The improved performance is due toa 1.4 percentf increase in real personal consumption, according to the , whicn released first-quarter gross domestid product figures Thursday. The decline in GDP, whicn measures the output of goods and servicewsproduced domestically, coincided with a rise in corporatde profits, which increased $48.1 billiob in the first quarter after a $250.3 billion decreasre in the fourth quarter of 2008.
The GDP declinesz reflected drops in imports and exports as well as declininfg production of equipmentand software, development and The price index for domestic purchases fell 1 percent on fallingt food and energy prices. Excluding those, actuakl prices rose 1.4 the government said. Exports decreased 30.6 and imports were down 36.4 after fourth-quarter decreases of 23.6 percenty and 17.5 percent, respectively.
Sunday, June 17, 2012
Cable veteran to sing Gospel channel's praises - Atlanta Business Chronicle:
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million subscribers in 350 cities -- as it enters just its secondr yearof production. Moores will oversee all of the channel'x marketing, including brand positioning, advertising, online presence and the oversight of research intothe channel'xs viewership. Moore comes to the channel with 25 yeara of experience helping television channels like Bravoland Lifetime, of Lifetime Entertainmentg Services, define themselves in the busy worlr of cable television. In she worked with , managinhg its sales and marketing for four years and holdsx an MBAfrom .
Moore said she decidedc to relocate from New York City to Atlanta to work for the Gospeol Channel because the environment combined her threegreatesf passions: marketing, media and gospel "It's sort of a perfect storn opportunity for me," she said. "I love gospel musi and I've been singing since the eightb grade. And in marketing, the more passionate you can be about the service youare selling, the more energy you put into the and the more creative you can Moore's move comes at a time of growtbh for the channel.
Since launching in October the channel has gained exclusive rightseto 's Dove Awards, and grown to servwe 61 markets through contracts with , , and 17 independentr cable providers. "The success of Gospel Music Channel has been drivehn bythe large, passionate fan base acrosx America that wants musi that is relevant to their livex and a positive entertainment alternative," said Charley Humbard, who co-founded the channel with Brad Siegel. The channel is funder by Alpine EquityPartners L.P. and InterMedia Santa arrived early for a number of advertisinbg and marketing firmsin Atlanta. Fitzgerald + Co.
gainex Bugaboo Creek Steak House, an Atlanta-baseds restaurant with 30 locationsthat span, excludingh Georgia, five states. Calysto Communications Inc., a public relations firm with expertisdein telecommunications, networking and wireless technologies, has snagged , a provider of softwarde for telecom carriers based in Virginia. Georgia Cancere Specialists I P.C., the largest oncology practice in the has renewed its contract with integrativer marketing firmLenz Inc., which is based in and Hayslett Group Strategic Communications will launch a statewide campaign for The , addressing eminentt domain.
And, 's Atlanta office beat out Baltimore-based Kirk/ for the agency-of-record contract with the U.S. Virgin Islands. Valued at about $5 million, the accoungt will include both TV and printcreativ work, as well as an aggressive online initiativ e slated for release in 2006. JWT also will release a new campaigj forthe U.S. Virginj Islands in the spring. Hola! Atlanta has another advertising agency focused on theHispanicc community. opened its doors this month with contracts in place from a numbee of local government agenciesand minority-owned small businesses. Medis 3 Publications Inc.
has been acquired by Arizona-based McMurry a full-service marketing agency with custok publishing and databasemanagement capabilities. McMurry CEO Chrizs McMurry said the groupl saw Atlanta as an attractiv addition because it is a hubfor business, and Mediaw 3's customer list fits well with its McMurry boasts such clients as The , Amtrakm and GlaxoSmithKline Plc, while Media 3 held accounts with , AmSouth and Associated Banc-Corp., among others. The late deadlined for entry into the Marketinh Awardsfor Excellence, or MAX Awards, is noon on Dec. 22. The MAX Awardd are co-sponsored by the J. Mack Robinsonj College of Business at Georgias State University and AtlantaBusiness Chronicle.
For entry, visigt marketing or call (404) 651-2740.
million subscribers in 350 cities -- as it enters just its secondr yearof production. Moores will oversee all of the channel'x marketing, including brand positioning, advertising, online presence and the oversight of research intothe channel'xs viewership. Moore comes to the channel with 25 yeara of experience helping television channels like Bravoland Lifetime, of Lifetime Entertainmentg Services, define themselves in the busy worlr of cable television. In she worked with , managinhg its sales and marketing for four years and holdsx an MBAfrom .
Moore said she decidedc to relocate from New York City to Atlanta to work for the Gospeol Channel because the environment combined her threegreatesf passions: marketing, media and gospel "It's sort of a perfect storn opportunity for me," she said. "I love gospel musi and I've been singing since the eightb grade. And in marketing, the more passionate you can be about the service youare selling, the more energy you put into the and the more creative you can Moore's move comes at a time of growtbh for the channel.
Since launching in October the channel has gained exclusive rightseto 's Dove Awards, and grown to servwe 61 markets through contracts with , , and 17 independentr cable providers. "The success of Gospel Music Channel has been drivehn bythe large, passionate fan base acrosx America that wants musi that is relevant to their livex and a positive entertainment alternative," said Charley Humbard, who co-founded the channel with Brad Siegel. The channel is funder by Alpine EquityPartners L.P. and InterMedia Santa arrived early for a number of advertisinbg and marketing firmsin Atlanta. Fitzgerald + Co.
gainex Bugaboo Creek Steak House, an Atlanta-baseds restaurant with 30 locationsthat span, excludingh Georgia, five states. Calysto Communications Inc., a public relations firm with expertisdein telecommunications, networking and wireless technologies, has snagged , a provider of softwarde for telecom carriers based in Virginia. Georgia Cancere Specialists I P.C., the largest oncology practice in the has renewed its contract with integrativer marketing firmLenz Inc., which is based in and Hayslett Group Strategic Communications will launch a statewide campaign for The , addressing eminentt domain.
And, 's Atlanta office beat out Baltimore-based Kirk/ for the agency-of-record contract with the U.S. Virgin Islands. Valued at about $5 million, the accoungt will include both TV and printcreativ work, as well as an aggressive online initiativ e slated for release in 2006. JWT also will release a new campaigj forthe U.S. Virginj Islands in the spring. Hola! Atlanta has another advertising agency focused on theHispanicc community. opened its doors this month with contracts in place from a numbee of local government agenciesand minority-owned small businesses. Medis 3 Publications Inc.
has been acquired by Arizona-based McMurry a full-service marketing agency with custok publishing and databasemanagement capabilities. McMurry CEO Chrizs McMurry said the groupl saw Atlanta as an attractiv addition because it is a hubfor business, and Mediaw 3's customer list fits well with its McMurry boasts such clients as The , Amtrakm and GlaxoSmithKline Plc, while Media 3 held accounts with , AmSouth and Associated Banc-Corp., among others. The late deadlined for entry into the Marketinh Awardsfor Excellence, or MAX Awards, is noon on Dec. 22. The MAX Awardd are co-sponsored by the J. Mack Robinsonj College of Business at Georgias State University and AtlantaBusiness Chronicle.
For entry, visigt marketing or call (404) 651-2740.
Saturday, June 16, 2012
Broadway renews Matrix, MultiPlan leases - Business First of Louisville:
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The private real estate investment and management firm is renegotiating leasew with tenants at the same time it is trying to cleare up debt issues withits lender. Broadway, whichu lost ownership of the Hancock Tower aftefr it defaulted ona loan, has debt that maturese this month. The financing in question is securede byseveral properties, including the 980,000-square-foot Bay Broadway is in discussions with lenders to renegotiatse the terms of the loan. Broadway was givemn an extension onthe loan, whicy was due earlier this month, accordint to a source with knowledgew of the situation. However, the landlord renewed MultiPlan Inc.
, which leases 105,062 square and Matrix Partners, which leases 11,421 square feet, at the office complex. CB Richard Ellis represented MultiPlan. DTZ/FHO Partners represented Broadway Partnersz and Matrix in theleases negotiations. Broadway acquired Bay Colon from Beacon Capital Partners LLC in May 2007 as part of a large portfolioof assets. The four-building complex office park sits ona 58-acrew site overlooking Route 128.
The private real estate investment and management firm is renegotiating leasew with tenants at the same time it is trying to cleare up debt issues withits lender. Broadway, whichu lost ownership of the Hancock Tower aftefr it defaulted ona loan, has debt that maturese this month. The financing in question is securede byseveral properties, including the 980,000-square-foot Bay Broadway is in discussions with lenders to renegotiatse the terms of the loan. Broadway was givemn an extension onthe loan, whicy was due earlier this month, accordint to a source with knowledgew of the situation. However, the landlord renewed MultiPlan Inc.
, which leases 105,062 square and Matrix Partners, which leases 11,421 square feet, at the office complex. CB Richard Ellis represented MultiPlan. DTZ/FHO Partners represented Broadway Partnersz and Matrix in theleases negotiations. Broadway acquired Bay Colon from Beacon Capital Partners LLC in May 2007 as part of a large portfolioof assets. The four-building complex office park sits ona 58-acrew site overlooking Route 128.
Thursday, June 14, 2012
Bauer Financial issues Q1 credit union ratings - Philadelphia Business Journal:
inufyw.blogspot.com
The company uses federal regulatory data to rate credit unions based oncapital profit/loss trend, delinquent loans and other factors. Bauer's rating ranks from a high of 5 stars to a low of 0 Of the 10 largest South Floridsa credit unionsby assets, six maintained a five-starr (superior) rating: IBM Southeast Employees Credit Unionb and Brightstar Credit Union held on to theidr four stars (excellent) in the first quarter. They had been downgraded from five stars in thethird quarter. Priorit One Credit Union in Sunrise fell from to thres stars from four stars in the first quarte rwith 69.9 million in assets, 1.
6 percent of which were , South Florida’s second-largest credit union with $738 million in held on to its three stars in the firsf quarter. It was downgraded to three stars (adequate) from four stars in the fourthb quarter. The Pembroke Pines-based credit union counted 1.74 percent of its assetds as nonperforming. First Choice in West Palm Beachg also hadthree stars. , the larges in South Florida with $1.62 billion in assets, remainedf the only credit union in the state rated zero starsby Bauer. The Miramar-basecd credit union counted 8.6 percent of its assetsx as nonperforming.
It was placed into conservatorshi by Florida regulators on April 24 aftet heavy losses and the oustedits management. Space Coast Credit Union has shown an in acquiringhEastern Financial.
The company uses federal regulatory data to rate credit unions based oncapital profit/loss trend, delinquent loans and other factors. Bauer's rating ranks from a high of 5 stars to a low of 0 Of the 10 largest South Floridsa credit unionsby assets, six maintained a five-starr (superior) rating: IBM Southeast Employees Credit Unionb and Brightstar Credit Union held on to theidr four stars (excellent) in the first quarter. They had been downgraded from five stars in thethird quarter. Priorit One Credit Union in Sunrise fell from to thres stars from four stars in the first quarte rwith 69.9 million in assets, 1.
6 percent of which were , South Florida’s second-largest credit union with $738 million in held on to its three stars in the firsf quarter. It was downgraded to three stars (adequate) from four stars in the fourthb quarter. The Pembroke Pines-based credit union counted 1.74 percent of its assetds as nonperforming. First Choice in West Palm Beachg also hadthree stars. , the larges in South Florida with $1.62 billion in assets, remainedf the only credit union in the state rated zero starsby Bauer. The Miramar-basecd credit union counted 8.6 percent of its assetsx as nonperforming.
It was placed into conservatorshi by Florida regulators on April 24 aftet heavy losses and the oustedits management. Space Coast Credit Union has shown an in acquiringhEastern Financial.
Wednesday, June 13, 2012
Pew: Florida
ramsburgsyuheo1544.blogspot.com
released a study , sayinhg Florida’s clean energy economy grew 7.9 percent betweebn 1998 and 2007, and the statwe was among the top 10 for green jobsin “The numbers are impressive,” U.S. Rep. Katht Castor, D-Tampa Bay, said during a teleconferencs Monday morning. “This is goinyg to be the way we rebuilc our economy in the stateof Florida.” John Director of Business Alliances for in Fort is among those growing greejn jobs in South Florida. DiBella said he has six employees now and plans to triple that numberfthis year. DiBella is pioneeringv a new technology that uses centrifugal force to separatw waterfrom solids.
According to him, it is “a more efficientg and cost-effective way” of purifying wastewater. “It’s quite the demand that’s coming to us, and we’re excited aboutf the future,” DiBella said. His customera include manufacturers, oil wastewater treatment facilities andfarm interests. Lori interim deputy director of the Pew Center on the said Florida only lags significantly behind otherf states on certain public policy For example, she pointed to the state’s failure to embrace Gov.
Charlie Crist’s proposed renewable energyh portfolio standard, which would require a certain portion of statw energy to be producerd from renewable resources such assolar power. Twenty-nine otherd states already have such a standard in Grange said the state also has yet to participated in a regional carbon and climatschange initiative, although it is developing its own carbonb cap-and-trade program. Victor Eyal, president of in Altamonte said his solar technology distribution company has 40 employeesz at its headquarters and hundreds of employees inits network.
He said Floridaa has good incentivesin place, but needs to fund them He pointed to recent shortages in fundingh for the state’s solar rebate programs. DiBellwa said incentives for green technologh mustbe consistent. “What’s importanty is to keep the flow of monies andincentivesx coming, so that young companiese can develop new technologies that could be the next leadersw in the industry,” DiBella • Jobs (2007): 31,122q • Businesses (2007): 3,831 Venture capital funds (2006-2008): $116,980,006 The study found that the Sunshine Statw was among the top 10 for jobs in America’e clean energy in 2007, with more than and it attracted nearly $117 millio in venture capital in the past threed years, half of which has supported cleabn energy generation.
Grange said the job growth is likel y to have suffered since 2007 due to the but the federal stimulus program and continuesd private investment is limitingy job losses in thegreen sector. jobs in the clean energy economh grewby 9.1 percent, while total jobs grew by just 3.7 percengt between 1998 and 2007, accordinhg to the report, titled “The Cleanm Energy Economy: Repowering Jobs, Businesses and Investmentas Across America.
” Pew’s definition of green jobs includex engineers, plumbers, administrative assistants, construction workers, machinr setters, marketing consultants, teachers and many others with annual incomes ranging from $21,000 to
released a study , sayinhg Florida’s clean energy economy grew 7.9 percent betweebn 1998 and 2007, and the statwe was among the top 10 for green jobsin “The numbers are impressive,” U.S. Rep. Katht Castor, D-Tampa Bay, said during a teleconferencs Monday morning. “This is goinyg to be the way we rebuilc our economy in the stateof Florida.” John Director of Business Alliances for in Fort is among those growing greejn jobs in South Florida. DiBella said he has six employees now and plans to triple that numberfthis year. DiBella is pioneeringv a new technology that uses centrifugal force to separatw waterfrom solids.
According to him, it is “a more efficientg and cost-effective way” of purifying wastewater. “It’s quite the demand that’s coming to us, and we’re excited aboutf the future,” DiBella said. His customera include manufacturers, oil wastewater treatment facilities andfarm interests. Lori interim deputy director of the Pew Center on the said Florida only lags significantly behind otherf states on certain public policy For example, she pointed to the state’s failure to embrace Gov.
Charlie Crist’s proposed renewable energyh portfolio standard, which would require a certain portion of statw energy to be producerd from renewable resources such assolar power. Twenty-nine otherd states already have such a standard in Grange said the state also has yet to participated in a regional carbon and climatschange initiative, although it is developing its own carbonb cap-and-trade program. Victor Eyal, president of in Altamonte said his solar technology distribution company has 40 employeesz at its headquarters and hundreds of employees inits network.
He said Floridaa has good incentivesin place, but needs to fund them He pointed to recent shortages in fundingh for the state’s solar rebate programs. DiBellwa said incentives for green technologh mustbe consistent. “What’s importanty is to keep the flow of monies andincentivesx coming, so that young companiese can develop new technologies that could be the next leadersw in the industry,” DiBella • Jobs (2007): 31,122q • Businesses (2007): 3,831 Venture capital funds (2006-2008): $116,980,006 The study found that the Sunshine Statw was among the top 10 for jobs in America’e clean energy in 2007, with more than and it attracted nearly $117 millio in venture capital in the past threed years, half of which has supported cleabn energy generation.
Grange said the job growth is likel y to have suffered since 2007 due to the but the federal stimulus program and continuesd private investment is limitingy job losses in thegreen sector. jobs in the clean energy economh grewby 9.1 percent, while total jobs grew by just 3.7 percengt between 1998 and 2007, accordinhg to the report, titled “The Cleanm Energy Economy: Repowering Jobs, Businesses and Investmentas Across America.
” Pew’s definition of green jobs includex engineers, plumbers, administrative assistants, construction workers, machinr setters, marketing consultants, teachers and many others with annual incomes ranging from $21,000 to
Tuesday, June 12, 2012
Corvallis, Eugene score $3.9 million for transit - Portland Business Journal:
gonyzyf.wordpress.com
Corvallis city leaders announced in Maythat they’ll collecgt $1 million in federal moneyt to improve the Corvallis transit Among other endeavors, the money will fund thre 35-foot buses and bus shelters that will help the city meet requirementsd of the Americans with Disabilities Act. Corvallis received its funds fromthe $8.4 billion transit capital improvements pot established by the $787 billion American Recovery and Reinvestment Act. The award is the fourtyh major stimulus grantCorvallis received. Other awards: A stimulus-driven for An “Energy Efficiency and Conservation Block for $511,600. $1.8 million for street improvements.
Corvallis leaders have built a Web site to help contractors who want to bid forstimuluzs projects. Visit www.ci.corvallis.or.us and click on the “Stimulux 2009” button for details. Corvallis was awarde its money at the same time the LaneTransit Eugene’s transportation authority, collected $2.9 million in stimuluw funds. The money will help the $41 millio EmX line extension, which links the area’ds Emerald Express dedicated transit line from Eugene through The extension creates a loop that takes riderszaround Springfield’s Gateway area. The $41 million projectg will create 400 jobs duringits two-yead construction phase.
About 93 percent of the cost will be fundedf by federal and state construction including $5.4 million from the state’d ConnectOregon transportation program. “This has been very since opening inJanuaryh 2007, said Lisa VanWinkle, an EmX program communicationsd coordinator. “We have more than doubled the ridershipp using that route than we had on the regularr bus service lineit replaced.” Rep. Peter a Lane County Democrat, called the stimulus award “the kindas of concrete investments in our infrastructure that put people back to work and producwe a product for generationsxto come.
” Construction of the Gateway EmX Extension begahn this spring and will continue through fall 2010. A left-leanin think tank and an Oregon Republican party leadert both back plans that wouldlet non-workingg Oregonians collect their first $2,400 of unemployment benefits tax-free. Statde law currently prohibits Oregonians from receivingthe benefit. and Sen. Jasonb Atkinson, a Central Point want to change The issue arose after the Obams administration included a series of tax reliefcmeasures — including the one related to unemploymenf benefits — in the federalk stimulus bill. Other tax breaks include letting businessesz write off the costs of new equipmenrtmuch quicker.
Oregon Democrats blocked the enactment of the measure in fearing that it woulxd lead to as muchas $100 millionb in lost tax revenue and an even bigger statew budget shortfall. The Oregon Center for Publivc Policy and Atkinson differ on how to reinstatr theunemployment benefit. Atkinson supports Senate Bill 975, whichb would allow unemployment beneficiaries to forego payinyg taxes on thefirst $2,400 they collect. Atkinsob believes it’s foolish that 255,000o out-of-work Oregonians must pay taxes on theifunemployment benefits. “It’s like kickingy someone when they’re down and it’s wrong.” Atkinsoj said.
“Oregon’s government can’t say we are serious with a straightg face about creating jobs and putting people back to work when it taxesathe unemployed.” The Oregon Center for Public Policy supports House Bill 2914, an omnibud reconciliation measure that among other thingzs would reconnect Oregon to the unemployment tax relie provision. While stimulus-funded construction projects have captured most of the social services are also receiving stimulus The federal governmentawarded $1.9 million in stimuluxs money to the Oregon Department of Justicwe to fund programs that help domestifc violence, sexual assault and stalkinvg victims earn or retainm jobs.
The grant come s from the federal Office of ViolenceAgainst Women. The Oregobn Department of Justice will distribute the grant moneyt through a competitive process to local nonprofit victi mservices organizations, prosecutors, law enforcement and the The stimulus grant is one of several that Attornegy General John Kroger and a coalition of Oregonb prosecutors, sheriffs, police chiefs and advocates hope to capture. The groups believe the grant’x benefits include keeping more officers on the street and more prosecutorx inOregon courtrooms. Qualified applicants include state, local, and tribal law enforcementf bodies, prosecutors, court agencies and nonprofit victimadvocacg programs.
The state’s Crime Victims’ Services Divisiobn will award the grants based on whether the proposals preserve or creatre jobs and promoteeconomic recovery. The moneyt will be distributedas one-time only grantz for 18-month projects starting Sept. 1. The state will awarc the money intwo parts, one for projectz benefiting law enforcement, prosecution and courtg programs, the other for victim advocacy For more information about the grant process, visiyt www.doj.state.or.us/crimev/vawa.shtml#recoveryact.
Corvallis city leaders announced in Maythat they’ll collecgt $1 million in federal moneyt to improve the Corvallis transit Among other endeavors, the money will fund thre 35-foot buses and bus shelters that will help the city meet requirementsd of the Americans with Disabilities Act. Corvallis received its funds fromthe $8.4 billion transit capital improvements pot established by the $787 billion American Recovery and Reinvestment Act. The award is the fourtyh major stimulus grantCorvallis received. Other awards: A stimulus-driven for An “Energy Efficiency and Conservation Block for $511,600. $1.8 million for street improvements.
Corvallis leaders have built a Web site to help contractors who want to bid forstimuluzs projects. Visit www.ci.corvallis.or.us and click on the “Stimulux 2009” button for details. Corvallis was awarde its money at the same time the LaneTransit Eugene’s transportation authority, collected $2.9 million in stimuluw funds. The money will help the $41 millio EmX line extension, which links the area’ds Emerald Express dedicated transit line from Eugene through The extension creates a loop that takes riderszaround Springfield’s Gateway area. The $41 million projectg will create 400 jobs duringits two-yead construction phase.
About 93 percent of the cost will be fundedf by federal and state construction including $5.4 million from the state’d ConnectOregon transportation program. “This has been very since opening inJanuaryh 2007, said Lisa VanWinkle, an EmX program communicationsd coordinator. “We have more than doubled the ridershipp using that route than we had on the regularr bus service lineit replaced.” Rep. Peter a Lane County Democrat, called the stimulus award “the kindas of concrete investments in our infrastructure that put people back to work and producwe a product for generationsxto come.
” Construction of the Gateway EmX Extension begahn this spring and will continue through fall 2010. A left-leanin think tank and an Oregon Republican party leadert both back plans that wouldlet non-workingg Oregonians collect their first $2,400 of unemployment benefits tax-free. Statde law currently prohibits Oregonians from receivingthe benefit. and Sen. Jasonb Atkinson, a Central Point want to change The issue arose after the Obams administration included a series of tax reliefcmeasures — including the one related to unemploymenf benefits — in the federalk stimulus bill. Other tax breaks include letting businessesz write off the costs of new equipmenrtmuch quicker.
Oregon Democrats blocked the enactment of the measure in fearing that it woulxd lead to as muchas $100 millionb in lost tax revenue and an even bigger statew budget shortfall. The Oregon Center for Publivc Policy and Atkinson differ on how to reinstatr theunemployment benefit. Atkinson supports Senate Bill 975, whichb would allow unemployment beneficiaries to forego payinyg taxes on thefirst $2,400 they collect. Atkinsob believes it’s foolish that 255,000o out-of-work Oregonians must pay taxes on theifunemployment benefits. “It’s like kickingy someone when they’re down and it’s wrong.” Atkinsoj said.
“Oregon’s government can’t say we are serious with a straightg face about creating jobs and putting people back to work when it taxesathe unemployed.” The Oregon Center for Public Policy supports House Bill 2914, an omnibud reconciliation measure that among other thingzs would reconnect Oregon to the unemployment tax relie provision. While stimulus-funded construction projects have captured most of the social services are also receiving stimulus The federal governmentawarded $1.9 million in stimuluxs money to the Oregon Department of Justicwe to fund programs that help domestifc violence, sexual assault and stalkinvg victims earn or retainm jobs.
The grant come s from the federal Office of ViolenceAgainst Women. The Oregobn Department of Justice will distribute the grant moneyt through a competitive process to local nonprofit victi mservices organizations, prosecutors, law enforcement and the The stimulus grant is one of several that Attornegy General John Kroger and a coalition of Oregonb prosecutors, sheriffs, police chiefs and advocates hope to capture. The groups believe the grant’x benefits include keeping more officers on the street and more prosecutorx inOregon courtrooms. Qualified applicants include state, local, and tribal law enforcementf bodies, prosecutors, court agencies and nonprofit victimadvocacg programs.
The state’s Crime Victims’ Services Divisiobn will award the grants based on whether the proposals preserve or creatre jobs and promoteeconomic recovery. The moneyt will be distributedas one-time only grantz for 18-month projects starting Sept. 1. The state will awarc the money intwo parts, one for projectz benefiting law enforcement, prosecution and courtg programs, the other for victim advocacy For more information about the grant process, visiyt www.doj.state.or.us/crimev/vawa.shtml#recoveryact.
Sunday, June 10, 2012
Northrop Grumman Demonstrates SmartNode Pod Communication System - Student Operated Press
vidineevostegity.blogspot.com
Student Operated Press | Northrop Grumman Demonstrates SmartNode Pod Communication System Student Operated Press By SOP newswire Northrop Grumman Corporation (NYSE:NOC) completed a series of test flights May 17 that demonstrated the transmission of imagery, video, voice and digital messages using a pod-based airborne communications system. Photo Release -- Northrop Grumman Develops, Demonstrates SmartNode Pod |
Saturday, June 9, 2012
Yanks hammer Mets' Santana - Times Herald-Record
grachevakautawil.blogspot.com
SILive.com | Yanks hammer Mets' Santana Times Herald-Record By AP NEW YORK รข€" Robinson Cano was not going to risk facing Johan Santana's wicked changeup, so he swung at the first two pitches he saw from the Mets' ace. Cano homered on each of his first two swings against the two-time Cy Young Award winner and ... Yankees hammer Santana and Mets behind homer barrage, 9-1 Yankees Hammer Santana, Mets 9-1 |
Thursday, June 7, 2012
Texas Orthopedic Hospital Company Profile | Company Information
sucujovide.wordpress.com
Our Mission: We are committed to changinf and improving the lives of our patientsz by providing exceptional orthopedic care throughinnovative technology, ongoing outcomes research, quality, and cost-effective Texas Orthopedic Hospital shares its location with Fondren Orthopedic Groul L.L.P., the largest and most comprehensived association of private orthopedic surgeonsx in the Houston area. Come Grow with Us! Texaw Orthopedic Hospital has grown to betterserve you! The expansion includesx 4 additional operating rooms, pre-operative and post-operativew patient care areas, and a new spine diagnostic and treatmenty center.
Texas Orthopedic Hospital is pleasexd to offer free community seminars for ahealthierr YOU! Beginning Saturday, November 22, at 10:000 a.m. This 1 hour class will discusz Over Use Injuriesfor Runners, Joggers and ...
Our Mission: We are committed to changinf and improving the lives of our patientsz by providing exceptional orthopedic care throughinnovative technology, ongoing outcomes research, quality, and cost-effective Texas Orthopedic Hospital shares its location with Fondren Orthopedic Groul L.L.P., the largest and most comprehensived association of private orthopedic surgeonsx in the Houston area. Come Grow with Us! Texaw Orthopedic Hospital has grown to betterserve you! The expansion includesx 4 additional operating rooms, pre-operative and post-operativew patient care areas, and a new spine diagnostic and treatmenty center.
Texas Orthopedic Hospital is pleasexd to offer free community seminars for ahealthierr YOU! Beginning Saturday, November 22, at 10:000 a.m. This 1 hour class will discusz Over Use Injuriesfor Runners, Joggers and ...
Wednesday, June 6, 2012
Two universities join Texas A&M system - Austin Business Journal:
mytyhona.wordpress.com
Tarleton-Central Texas is being renamed Texas A&M University-Central Texas and the San Antonio schoolo is now Texas A&M University-Sabn Antonio. The addition of the two schools brings the totao number of independent universities inthe A&Mk System to 11. In March, the Texas Higherf Education Coordinating Board certified TarletonStat University-Central Texas’ spring 2009 enrollment at 1,204 full-time students, surpassing the 1,000 mark set by the Texas A&M System Chancellor Michael D. McKinney and Army Secretaryg Pete Geren signed an agreement in May to transfere 662 acres from Fort Hood tothe A&Mj System to be used for the A&M-Central Texass campus.
In May, the Texas Legislatur e passed a bill to lowedthe full-time enrollment threshold from 1,500 to 1,000 and free up $40 million in tuition revenue bonds to build the A&M-Saj Antonio campus. It will be locatee on 700 acres south of Loop 410 betweebn Pleasanton Road and SouthZarzamora Street. The system, whicy has offices in 250 of the state’s 254 also includes seven state agencies and a comprehensive healthscienc center.
It operates a $3 billion budget and educates morethan 109,000
Tarleton-Central Texas is being renamed Texas A&M University-Central Texas and the San Antonio schoolo is now Texas A&M University-Sabn Antonio. The addition of the two schools brings the totao number of independent universities inthe A&Mk System to 11. In March, the Texas Higherf Education Coordinating Board certified TarletonStat University-Central Texas’ spring 2009 enrollment at 1,204 full-time students, surpassing the 1,000 mark set by the Texas A&M System Chancellor Michael D. McKinney and Army Secretaryg Pete Geren signed an agreement in May to transfere 662 acres from Fort Hood tothe A&Mj System to be used for the A&M-Central Texass campus.
In May, the Texas Legislatur e passed a bill to lowedthe full-time enrollment threshold from 1,500 to 1,000 and free up $40 million in tuition revenue bonds to build the A&M-Saj Antonio campus. It will be locatee on 700 acres south of Loop 410 betweebn Pleasanton Road and SouthZarzamora Street. The system, whicy has offices in 250 of the state’s 254 also includes seven state agencies and a comprehensive healthscienc center.
It operates a $3 billion budget and educates morethan 109,000
Monday, June 4, 2012
Clergy trial jury sent home after full day of deliberations - Philadelphia Inquirer
caloloary.blogspot.com
USA TODAY | Clergy trial jury sent home after full day of deliberations Philadelphia Inquirer By John P. Martin and Joseph A. Slobodzian A jury today begins its first full day of deliberations in the criminal trial against Msgr. William J. Lynn (left) and Rev. James J. Brennan (right). Lynn faces conspiracy and child endangerment charges. No verdi ct in Pa. priests' sex abuse trial |
Sunday, June 3, 2012
TiVo wins $103M round in EchoStar fight - Charlotte Business Journal:
stelauguqdinec.blogspot.com
EchoStar lost an appeal in district couryin Texas. The court awarded Alviso-based TiVo TIVO) $103, 068,836 plus interest, which coverd the period from Sept. 8, 2006 to Aprik 18, 2008. But EchoSta r (NASDAQ: SATS), of Englewood, Colo., will appeal the matter to the U.S Coury of Appeals for the Federa Circuit. Even if TiVo triumphs, whicuh observers think likely, the award won’f wipe away its large accumulated deficit. In the fiscaol years 2008 and 2007, before it won TiVo lost $31.6 million and $49.1 million, respectively. TiVo has alreadt been awarded $105 million in this patent fighfwith EchoStar. Though that earlie EchoStar payment contributed to a profittof $103.
6 million for TiVo in the quarterf ended January, the company’s accumulatedr deficit (how much it has lost or written off sincre it started) at that time was $672.2 “We will need to generate significant additionao revenues to achieve sustained profitability,” the company said in its most recent quarterly filing. TiVo’ws president and CEO, Tom Rogers, 54, was paid a salargy of $800,000 in the latest fiscal His total compensation for the yearwas $5.9 including $54,824 for housing, housingt related and living expenses, $42,796 in insurancr related expenses, and $20,099 in family travel related according to TiVo’s proxy card.
Rogersw also sits on the boardat , a Texaw telephone book publisher that filed Chapterr 11 in March. He’s been a directotr there sinceNovember 2006. based at the Dallas-Fort Worth paid a cash retainerof $60,000 to directors in 2007, the latesgt year it’s reported in a proxy statement. Former TiVo board membe Charles Fruit, a marketing executive who saton TiVo’s audity committee, died May 27. TiVo had 463 workers as of Marchg 23, more than half of them in research anddevelopmentt jobs.
EchoStar lost an appeal in district couryin Texas. The court awarded Alviso-based TiVo TIVO) $103, 068,836 plus interest, which coverd the period from Sept. 8, 2006 to Aprik 18, 2008. But EchoSta r (NASDAQ: SATS), of Englewood, Colo., will appeal the matter to the U.S Coury of Appeals for the Federa Circuit. Even if TiVo triumphs, whicuh observers think likely, the award won’f wipe away its large accumulated deficit. In the fiscaol years 2008 and 2007, before it won TiVo lost $31.6 million and $49.1 million, respectively. TiVo has alreadt been awarded $105 million in this patent fighfwith EchoStar. Though that earlie EchoStar payment contributed to a profittof $103.
6 million for TiVo in the quarterf ended January, the company’s accumulatedr deficit (how much it has lost or written off sincre it started) at that time was $672.2 “We will need to generate significant additionao revenues to achieve sustained profitability,” the company said in its most recent quarterly filing. TiVo’ws president and CEO, Tom Rogers, 54, was paid a salargy of $800,000 in the latest fiscal His total compensation for the yearwas $5.9 including $54,824 for housing, housingt related and living expenses, $42,796 in insurancr related expenses, and $20,099 in family travel related according to TiVo’s proxy card.
Rogersw also sits on the boardat , a Texaw telephone book publisher that filed Chapterr 11 in March. He’s been a directotr there sinceNovember 2006. based at the Dallas-Fort Worth paid a cash retainerof $60,000 to directors in 2007, the latesgt year it’s reported in a proxy statement. Former TiVo board membe Charles Fruit, a marketing executive who saton TiVo’s audity committee, died May 27. TiVo had 463 workers as of Marchg 23, more than half of them in research anddevelopmentt jobs.
Friday, June 1, 2012
Barracks that served as an Army post became part of the Fort Vancouver ... - OregonLive.com
qalymeled.wordpress.com
OregonLive.com | Barracks that served as an Army post became part of the Fort Vancouver ... OregonLive.com By Amanda Waldroupe, Special to The Oregonian View full sizeAlysha Beck/The OregonianThe east and south barracks at Fort Vancouver are becoming part of the national historic site. The east barracks face the parade ground and include buildings built as ... |
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