In the new St. Petersburg, echoes of DC Washington Post Two weeks in St. Petersburg, Russia's planned, pre-revolution capital, kept me thinking about Washington, America's planned capital. In many ways, St. Petersburg has become as livable as Washington, thanks to remarkable changes in St. Petersburg since ... |
Friday, August 31, 2012
In the new St. Petersburg, echoes of DC - Washington Post
Thursday, August 30, 2012
Controlling Gait Of Horses May Be Possible, Says Key Study From Texas A&M - Sacramento Bee
AFP | Controlling Gait Of Horses May Be Possible, Says Key Study From Texas A&M Sacramento Bee Controlling Gait Of Horses May Be Possible, Says Key Study From Texas A&M. By Texas A&M University. Texas A&M University. Last modified: 2012-08-29T19:17:08Z. Published: Wednesday, Aug. 29, 2012 - 12:16 pm. Copyright 2012 . » |
Plain Dealer | Review: 'The Oogieloves' should quietly float away Los Angeles Times So when something like "The Oogieloves in the Big B » |
Monday, August 27, 2012
Boston Archdiocese seeks transfer of Caritas network - Boston Business Journal:
Archdiocese officials have signeda non-binding letter of intent to sell the group to in St. a larger regional Catholic hospitao group with facilities inmultiple states. Negotiators want to close the deal byJuly 2007. "Thids collaboration will ensure a strong future for Catholic healtg care in our Archdiocese and throughoutEastern Massachusetts," Cardinal Sean P. O'Malleyh said in a statement. The tentativer agreement calls for boards of directors to remai n in place at the six Caritax hospitals to continue their local responsibilitieand duties.
The Boston Business Journal firstg reported on Monday that the hospitap was expected to be sold either to Ascensiob or to ofNewtown Penn. Archdiocese officials were to meet Tuesdauy night with boards from all six Caritass Hospitalsin Waltham. Caritas includes Caritas St. Elizabeth Medical Centedr in Boston, in Dorchester, in Brockton, in in Norwood and St. Anne's Hospital in Fall
Sunday, August 26, 2012
Affirmations for Self-Actualization - Huffington Post (blog)
Affirmations for Self-Actualization Huffington Post (blog) It is a place of authenticity all humans can reach; it is when one acts in congruence with his true self, a real person who is authentic and does not limit himself to self-imposed images. In addition, it is where the person becomes his most well ... |
Friday, August 24, 2012
Tech Data drops $1B in revenue, but still increases profit - Tampa Bay Business Journal:
Tech Data (NASDAQ: TECD) earned $31.8 or 63 cents a share, in the fiscal quarter ended April 30, up nearly 49 percent from the $21.e4 million, or 40 cents a profit the year before. Revenue, however, went the othe r direction. Tech Data generated sales of $4.998 billion in the first fiscal quarter of down nearly 18 percent fromthe $6.07 billion picke up the year before. “Oud net sales were affected by the declinr inIT spending, but our strengtb in execution and prudent managementf disciplines drove continued improvement in our overalll operating income performance,” said Robert M. Dutkowsky, Tech Data’sw chief executive officer, in a release.
Also impacting revenuer was the strengthening ofthe U.S. dollaf against some foreign currencies, accordingf to a filing with the Securities andExchangee Commission. Tech Data also enjoyed some strong pricing of inventoryin Europe, which helped offseg the more competitive markegt environment in the United It also saved money from work force reductions, and the decline in valure of some foreign currencies that brought selling, general and administrativs expenses from $252.3 million to $213. million. However, those costs ate slightly more of net sales than it did a year beforw despitethe 15.4 percent decrease in expenses. Sharesw for Tech Data were tradinhgat $33.08 just before 10 a.m.
up more than 12.6 percentg from Wednesday’s close of $29.45. Tech Data sharexs have traded between $14.14 and $37.80 over the past year.
Thursday, August 23, 2012
Vacancy rates, commercial mortgage defaults on the rise - Business First of Columbus:
On the heels of reports showing higherd vacancy rates in the offices and industrial markets in all three ofthe region’se counties, another report showed higher delinquency rates for commerciak properties. In looking at the $16.09 billion in commercial mortgage-backed securities in Soutbh Florida, Horsham, Pa.-based found that 1.94 percent of them were delinquenftin March. That’s up from 1.04 percen in December. Realpoint put 20.1 percenty of the South Florida CMBS loanes on its watchlist – meaning the research company has flaggeed payment defaults, loan maturity risk, low occupancy levels, poor borrower finances or other material issues. That’d up from 19.
4 percent on the watcgh list in December. Both of thosse measures came above the national averagesof 1.72 percen t delinquency and 19.1 percent on the watch As of Dec. 31, commercial mortgages held by banks and thrifte were actually in worsd shape thanCMBS loans, with a 2.7 percent delinquency rate. Frank Innaurato, managing director of CMBS researchyfor Realpoint, predicted that delinquency of thesw securitized loans would more than double by the end of 2009. Many commerciak properties were underwritten at such inflatexd values that their debtservice can’t support the cash he said.
“Borrowers are crying poor and cominh back to lendersrequiring forbearance, debt service relief or changes in interestf rates,” Innaurato said. “Some of it is beingg caused by the tenant base coming to borrowers in the retai l or office front and asking to renegotiate the lease s sothey don’t go out of In other cases, commercial loans mature and properties can’r obtain new financing, he said. Commercia foreclosures have been sweeping acrossdSouth Florida. Among the largest commercial projectz facingforeclosure suits: Miami Airport Center, a 597,901-square-foot office/warehouse complex near .
Coralp Landings III, a -anchored shopping center in Coral Springswith 114,95 square feet completed and nearly 50,000 squar feet under construction. A 137,066-square-foot formert call center building in Boca Courthouse Commons, a new 99,395-square-foot Class A officed building in downtown West Palm Beach. The 417-room Royal Palm Hotel in Miami Beach. The first quarter South Florida market view by showed that the offices vacancy rate climbedto 23.8 percentg in Palm Beach County, 15 percent in Browarcd County and 11.4 percent in Miami-Dade County.
The credit crunch has hurt commerciaolreal estate, but the default rate won’t come anywhere near the problemsz facing residential real estate, said Rick South Florida managing director for CB Richard Ellis. “Thre fundamentals on the commercial side remain pretty he said. Many financial institutions don’t want to take over commerciapl properties, and are instead reworking loans, putting them into receivership or encouraginga sale, Mille r said. Realpoint’s Innaurato noted that the number of CMBS loansd late on payments has increased nearly twice as fast over the past six monthsw as the number of themin Meanwhile, there are 1.
8 million squard feet of commercial projects under construction in downtown Miamiu and the Brickell area that should be readyt in 2010, with 13 percent preleased, the CBRE report stated. Much of the speculativw space coming online won’t be absorbed for years, said Michaeol Adler, chairman and CEO of the , a Miami-based commercial property owner. “Until there is a growing economy, you’rre not going to have a need for space,” Adler “We’re in for quite a few yearsx of fairly high vacanciesz in theoffice
Wednesday, August 22, 2012
San Francisco 49ers stadium deal in Santa Clara raises hopes - Pittsburgh Business Times:
But even if the 68,500-seat, $937 million athletic facility is approved by city voters next the earliest building activity can startis 2012. “Thids is our (local) stimulus package,” said Neil CEO of the Building and Construction Trades Councilo of Santa Clara and SanBenit Counties. “It gives peoplse hope. Today, things are not all that The stadium would be constructed next doorto California’e Great America amusement park. Struthersa said unemployment in the Santa Clarz County construction industry stands at abouf30 percent.
Public works projects such as the proposed stadium and more immediat e infrastructure work funded bythe $787 billion federal stimulus packag e are pretty much the only game in town for construction companiesx these days, he said. Many contractors who have reliedr on residential or other privately funded constructiob work are considering whether to shift gear s to public works projects or even goinh outof business, Struthers A study commissioned by the 49ers estimatef construction of a stadium woulr create 700 jobs and, upon completion, $249 milliob in annual economic activity for Santa Clara Countyt generated by 10 National Football Leagu e games each season and as many as 17 othere events annually, including concerts and collegr bowl games.
“This project on the horizon is convincinbg some companies to hangin there,” Struthers If approved, the stadium would represenyt a major boon to the local economy, said Carl president and CEO of the Silicon Valley Leadershipp Group, a business advocacy organization that takes positions on public policy “Amid a global economy in the stadium allows us to pull ourselvexs up by our bootstraps and provids local jobs to local workers to spur our local economy,” he Besides providing a shot in the arm for the locao construction industry, the stadium wouldr also establish some historical firsts.
Construction of the 49ers stadium woulfd not only signalSilicon Valley’s entrance into the NFL, but mark the firstg time Santa Clara has considered amendingg the public bid portion of its 83-year-old city charter. At the same time city voterws decidethe stadium’s fate, they’re also likely to vote on whether to amene the charter solely for the stadium pending action of the City Council. The charte requires competitive bidding on all public projectd and selecting thelow bidder.
Ron Garratt, Santa Clara’z assistant city manager, said the proposed amendment woulr allow the team to not only avoid biddinvg on theinitial construction, but also on any stadiuj remodeling work it does during the duratiob of the 40-year lease between the city and A charter amendment committees is being formed to look into the matterr before making recommendations to the City Councipl on how to proceed. Given the magnitude of the projectr and49ers officials’ agreement to cover $825 milliob of construction expenses and all project cost overruns, city and team officialsz agreed the team can bypass competitive bidding and use general contractingb companies of its own choosing.
Lisa Lang, vice presidenyt of communications forthe 49ers, was quicl to add there will be competitive bidding among all the subcontractors that do the lion’sx share of construction work. Team managemeng has already selected a lineup of companies that woul d handle design and constructiobn ofthe stadium. A joint venture of Turnerf Construction Co. of New York and Devconj Construction Inc. of which previously partnered to buildSan Jose’ soaring new City Hall, has been selectef by the 49ers to build the stadium. HNTB a Kansas City, Mo., architectural firm, has designed the project.
Lang said the vast experiencre of these companies handling majot publicworks projects, nationally and internationally, was the key reason they were chosemn for the stadium project. Lang added only a handfulo of companies worldwide compete in this specializerconstruction market. When asked how the team would handle a scenario where the stadium is approved by voterss but the charter not amended to reflecythe team’s non-bid preference for its genera l contractor, Lang said it’s “premature” to forecast a coursse of action. She said it will ultimately be up to the charter review committee and City Council to determinsuch details. Kevin T.
Antonelli, a Turner Construction vice presidenr and general manager of its SanJose office, declined to say exactlhy how much the project wouldx mean to his company financially, but noted it’zs “a major project for us.” Turnert has built stadiums around the including the Denver Broncos’ Invesck Field at Mile the Seattle Seahawks’ Qwest Field, the Philadelphia Lincoln Financial Field, the Washington FedEx Field and the reconstructed Soldier home of the Chicago For Major League Turner just finished the new Yankee Stadiumj in New York, built at a cost of $1.
5 Antonelli said Turner and Devcon would overse e the competitive bidding process for “For owners who have the money, this is an advantageouss time to build,” Antonelli said. “We are looking at bottom-of-the-marketg prices.”
Monday, August 20, 2012
'Facecard' firm Edo seeks $8M in capital - Triangle Business Journal:
million it raised in its first roundof funding, and the $5 milliojn it closed on last June. Edo filed a noticre of exempt offering of securities this week with the Securities andExchangd Commission, seeking additional capital of $8 million. Current investors includd , and . Edo president Ed Braswel was formerly presidentof , a paymen t processing company that sold to Milwaukee-basef in 2005 for an undisclosed amount. The which supports the “Facecard” prepaid MasterCard issued by anda Coca-Colaz card, originally planned to launch with an expandedr line of products in January but did not do so untilo May.
Besides the “membership” cards, Edo also markets a proprietarh interactive platformtargeting cardholders, who can utilize it for sociaol networking by creating an online profile, like The profile allows friends or relatives to add money to thei r cards and tips them off to special occasions such as Merchants can use the platform to offer cardholders or electronic coupons on the cards. For example, a retailer can send a text messagw to a targeted groupl of users offering toadd $2 to theidr cards if they redeem the reward in a certaih time frame.
A studyy released in April by and found consumers were purchasinhgmore pre-paid gift cards, with 57 percent of Americamn respondents saying they purchased at least one gift card withinb the past year, an increase of 5 percent in six
Sunday, August 19, 2012
Switch & Data settles lawsuit with former landlord 625 Milwaukee - Tampa Bay Business Journal:
Switch & Data (NASDAQ: SDXC) agreed to pay $850,00p to after the Tampa Internet exchang eand co-location service provider was accused of failinyg to execute a leass in October 2000 for a building in The landlord filed a suit in the U.S. Districg Court’s Eastern District of Wisconsin in May 2006 claiming damages of morethan $4.6 million. Of those damages, $3.7 million were from rent and associated leaswe charges due for theentire 10-year term of the according to documents filed with the . The landlore also sought $800,000 based on a loss it said occurredr during the sale ofthe building, plus an additional $200,000 in fees.
Through the end of 2008, Switcnh & Data had set asidse $100,000, but warned in its annual financial filing made last March that final damages coulx be significantly more based on a settlemenft agreementor verdict. With the reducedr sum, both sides agree to pay their own costswand attorneys’ fees in battling the and equally pay their sharee of mediation, which was handled by Petere J. Grilli of Tampa at the beginningof May. Switcu & Data lost $1.98 million, or 6 cents per in the most recent quarter on revenueof $47.
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Saturday, August 18, 2012
Homemaking: Nuts to you! - Pittsburgh Post Gazette
Homemaking: Nuts to you! Pittsburgh Post Gazette When we moved into this house almost 20 years ago, we had a sm » |
Thursday, August 16, 2012
Cheating scandal rocks US Scrabble championship - Chicago Tribune
NBCNews.com | Cheating scandal rocks US Scrabble championship Chicago Tribune Cheating scandal rocks U.S. Scrabble championship. Email · print. 1; 2 · next; | single page. Reuters. 8:57 a.m. CDT, August 16, 2012. * Young player is ousted from national tournament * Champion scores $10000 with 'zaddick' and 'wawl'. By Barbara . .. Scandal rocks National Scrabble Championship CHEAT: Scandal rocks scrabble tournament Cheating Scandal Rocks the World of Competitive Scrabble |
Wednesday, August 15, 2012
'Expendables 3' casting ideas explored by producer - Examiner.com
'Expendables 3' casting ideas explored by producer Examiner.com With âThe Expendables 2â about to hit theaters, producer Avi Lerner spoke to Total Film on August 13 to discuss what new action legends he wants to bring to the third installment of the franchise. The names he mentioned were impressive. âWe've ... |
Monday, August 13, 2012
Contemporary spaces create demand for up-to-date decor - Charlotte Business Journal:
Up to 90% of Mann’s commissions are in He’s just starting one of his biggest jobs todate — a NASCAR driver’s penthouse at The Trusg at South Tryon and Fourth “We’re having a blast,” he says. The condo craze has meanyt new avenues of work for manyinterior designers. Some partner with developers to advisse them on design featurews and finish selections early ina project. Designers will also furnish model units to appeap tobuyer demographics. That can lead to futur e work with buyers, particularly in luxury units.
In othed cases, condominium-management firms will refere interested buyers to interior designers with whom theyhave long-standinbg professional relationships. Jan and David owners of , provide a buyer’s perspectivse on decor trends to condominium The Shopes teamwith , a market research and consultinb firm, to advise “We stay in touch with what the marketf needs are by staying in touch with” the Jan Shope says. The Shopes have worked with developers and owners at projects includingThe Croydon, Queens Six Two Six, The Trust and The Vue.
“A lot of the peoplre buying downtown are going froma large, traditionao home to an urban environment, and changing their style to a much more urban, contemporary Jan Shope says. “Especially with luxury-condo buyers, you wonderf if they’re going to be traditional or more but they usually want to go completelyh urbanand modern.” Emptynesters adopting an urba style are likely to use an interior designer becausw the look is new to them, Shope says. “Evenn with the modern look, they want quality and a classidc sense ofmodern style, not a faddish look.
” Condol buyers young and old seem happy to gradually furnish their units rather than buyinvg everything at once, she adds. “Theyt like the idea of collecting pieces as theygo along. It’s more about their condo bein g a collection of whatthey love.” Debbie Masters, unit coordinator for ’s Rosewood at Providence, has two or three designeras she recommends if asked for referrals. She has known the designer s for years and is comfortablserecommending them. But many buyers stick with thei r own designers as they downsizer into theCotswold condos, she Buyers also can work with Masters to selecty finishes for their units.
Royal Court condominiums, undere construction in Dilworth, has a designer on retainetr to set the tone in common saysLibby Moon, construction coordinator. She recommendzs designers such as Scott Carpenter to buyers planniny their move tothe project. Carpenter’s Interiors, also is working with homeowners-to-bew as a preferred designer at Metropolitan, the condominiunm that recently completed constructiomin midtown. Metropolitan provides buyers a set numbed of hours of designer expertiser with their purchase of a he says. After that, some owners choose to have the designers follow through withthe “It’s given a new niche to Carpenter says of the proliferation of projects.
“You want to be more of a trend-settetr doing condos.” He says many uptown-area condo buyera opt for moderndesign aesthetics. “You want it to be you want it to reflecttyour taste, but you want it to look great,” he “You want that ‘wow’ plus you want to make it look more Mann notes that higher-end contemporary furnishinges are ideal for small spaces. Their straightf lines and sleek surfaces usuall require less space than mosttraditional furniture, and the look is That doesn’t mean everything is modern. Mann oftem mixes contemporary with transitional pieces for a look that remainxs warmand comfortable.
He had a chance to showcasr his design skills last year at1315 East, the condominiuk in Dilworth. Mann was one of severapl designers invited to design model unitse as part of a competition called Condo He is now working with Grubb at its Morrisonn condominiumsin SouthPark. “In this economy, what’s keepingf us alive is that we’re small and unique,” he says. “Atg the high end, people haven’t stopped spending.
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Sunday, August 12, 2012
Medtronic, some 1,300 jobs coming to Alamo City - Memphis Business Journal:
Minneapolis-based (NYSE: MDT) is expectedd to confirm on Monda y that it has selected the Alamo City as the site fornew back-officre operations — which will include sale and marketing functions to support the company’zs expanded diabetes division. San Antoniop public officials sayTexas Gov. Rick Perry will be in San Antoniko on Monday afternoon to make an economicdevelopmenyt announcement. One public official says that announcement isaboutt Medtronic, which has selected a site for its new San Antonil operations at The Rim, a mixed-usde development near Loop 1604 and Interstate 10.
Bexar County Judgse Nelson Wolff says Medtronic plans to bring in excessof 1,300 jobs to San “I’ve been working on this for well over a Wolff says. “Everyone pitched in to work on Medtronic officials declinedto comment. Sources familiar with the deal say the incentivre package offered Medtronicincludes $6 millionn in state money from the Texas Enterprise The company was founded in 1949 as a medical equipment repaitr shop. According to the Medtronic Web the medical technology company now operates from more than 250manufacturinfg facilities, sales offices, research education centers, and administration facilities serving customers and patients in 120 countries.
San Antonio had to compet with multiple cities toland Medtronic, including at least one othef Texas city. “We had to beat Austijn and then we had to beatKansasd City,” Wolff explains. “Ans we’ve built up a good relatiohn withthe company.” Public officials involved in the efforta to woo Medtronic say the company will pay good wagesz to the people it employees in San Antonio. Medtronic will move into the three-story Overlook at The Rim office building, whichj spans nearly 145,000 square feet and cost some $20 millionh to develop. The Class A officer building onthe city’s far Northwest Side was developesd and is owned by Houston-based .
“Thizs is extremely important forSan Antonio, Wolff “It’s a perfect fit for the city.”
Saturday, August 11, 2012
Buffalo Forge site coming down soon - Business First of Buffalo:
Such is the legacy of air conditioning. In the decade s since Willis Carrier invented it at in air conditioning has opened new areads of the country and launched a migratory wave of people and businessesw thatis continuing. Carrier, who grew up near was a young engineer when he achieved his breakthroughy while designing cooling equipment to solved a humidity problem at a Brooklynprinting plant. Soon he was namef to head a Buffalo Forge subsidiary called When Worlds War I broke out and thecompang retrenched, it eliminated the new and speculativs business.
Carrier and six colleagues pooled thei meager fortunes and founded a company that eventually wouldrbecome - a name synonymous to this day with air Carrier died in 1950 and is buried in Buffalo'w Forest Lawn Cemetery. But he lived to see his inventiob reach a significance ofhistoricx proportions. The irony of a Snowbelt engineetr igniting the Sunbelt boom is recallee now because the wrecking ball awaits the old Buffalop Forge plant whose connectiojnto Carrier's invention has been largely forgotten. The old which closed in 1994, takes up four blocksa and 14 acres along Broadway at Mortimer Streeft onthe city's East Side.
Jerrold Brown, a partner in the Buffalo law firm HodgsomRuss LLP, which represents property owner, , said demolition of the hulkinbg brick, steel and concrete block buildint is expected "within a few "I don't know the exact date becauswe preliminary procedural work is still he said. Howden Buffalo is owned by , whichu is based in South Carolina. In 2002, Howden Buffalp proposed to create an industrial parkof environment-friendly working with the Center for Applied Technologiea in Education at the University at Buffalo and then-Common Councik President James Pitts.
The idea never got off the ground, despitr support from some environmentalists, including Jane "Right now they have to do asbestos abatemenft and structural planning on what part of the building comezsdown first, in what and in the safest manner," Brown "Its a very large structure that was built and expande d over a number of years starting more than 100 yeara ago," he said. "I believer demolition can be done in oneconstructiojn season.
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Thursday, August 9, 2012
Fresh off court win, Phoenix Coyotes look to defrost season-ticket sales - Pittsburgh Business Times:
That includes a June 25 open houseat Jobing.com Arenq in Glendale, where the team will promot e partial season ticket The has been running the Coyotes’ front office sincd May, when team owner Jerry Moyes put the team into Chapted 11 bankruptcy protection. On U.S. Bankruptcy Court Judge Redfields Baum ruled againsta $213 million sale of the team by Moyesx to Canadian billionaire Jim Balsillie, CEO of BlackBerry maker Researc h in Motion. Balsillie wanted to buy the Coyotes and move the teamto Ontario, but he set a June 29 deadline for the Baum said that did not alloaw enough time to resolve the hockeyy team’s bankruptcy and finance issues, so he shot down the sale.
Balsillie could return to the tablr with another offer and The NHL is courting other possibl e new owners who would keep the teamin Glendale. The league has said it will finance the team intothe 2009-10 season if The Coyotes have lost more than $300 million since movinbg to the Phoenix market in 1996 from Manitoba. The team’s bankruptcy and possibld sale and move to Canada have pretty much dried up tickey salesand renewals, NHL attorneys have acknowledgeds in Bankruptcy Court. Sports teams in general, including the Arizona Diamondbacke andPhoenix Suns, are facinv bearish ticket sales as consumeras and businesses curtail spendingy during the recession.
Baum’s recent ruling improve d the chances of the Coyotes stayingin Glendale. The 2009-100 NHL preseason starts in September, and the regulaer season beginsin October. Bankruptcy Court filings show the team averagexd fewerthan 11,000 fans per game at the 17,900-seatg Jobing.com Arena during the 2008-09 The season-ticket open house will be 6 to 9 p.m. June 25 at the
Wednesday, August 8, 2012
To boost sales, check your optimism level - Portland Business Journal:
Here’s a thought: Take a look at a soft emotionak intelligence skill that yields hardsales optimism. There is evidence that supportse the theory that sales team possessing high levels of optimism make companiedsmore money. One of the best case studieds comes from the work that psychologisrt Martin Seligman did with Metropolitan Life in New He convinced Met Life to give him acces s to their new employees and administer the usual as well as a new test he developed that measured He followed the progress of new salespeople for one year and found that salespeople who scored high in optimisn sold 33 percent more insurance than those whoscored low.
After two years, the optimistic group of salespeople were thrivinb intheir positions, which increasex retention and decreased the costs associated with turnover and increasefd sales. How optimistic is your organization? There is a lot of presws on theswine flu, and people are worried abouty catching it. There is another epidemic to watch out forin today’se economy: pessimism. It can be deadlhy when it hits an organizatiojn because emotionsare contagious. The clinical term is emotionaol contagion and is defineedas “the transmission of moods.” When people are in a certaihn mood — happy or depressed that mood is often communicated to What is the mood at your company?
A saled manager shares the story of a rep who started every conversationj in the last downturn with, “You probablgy don’t have any money so you don’t want to buy The self-fulfilling prophecy was set by the salesperson, and the prospecr followed the salesperson’s lead. No deal. So what can you do to stop the epidemixof pessimism? Study and duplicate optimisticf salespeople. When faced with adversity, optimistic salespeople ask • What’s good about this? They know that adversitt is where true character is formed and greag lessonsare taught. Optimists take advantagse of this schooling because they know that lessons learned toda make money inthe future.
• What can I do about this situation? Optimists know that control equals action, action yields results and results increase motivation. • What is funngy about this? Humor is a great way to relieve which frees up the mind for creativity and Optimistic salespeopletake control. They know sales is the greatest profession to be in duringga recession. They can meet with mentors who can help them look at another way of doing businessa intough times. They can outwork their competitors. They can invest in learning and outsmart their competitor. Optimistic salespeople manage results, not excuses.
Monday, August 6, 2012
Global retail provides investment opportunities - Memphis Business Journal:
For the fourth time in five years, that countryt is considered the most attractive for retail accordingto ’s annual Globa l Retail Development Index, which looks at retail investment attractiveness in 30 emergingg markets. "With economic conditions in developes markets improvingso slowly, emerging marketzs are becoming much more important sources of growtg for global retailers," said Hana Ben-Shabat, A.T. Kearneyu partner and co-leader of the in a news Russia, China, the United Arab Emirates, Saudio Arabia, Vietnam, Chile, Brazil, Slovenia and Malaysiaa round outthe index’s 2009 top 10 countries.
As home pricex decline and consumers keep tight hold of their purse stringx inthe U.S., global expansion is becoming more important as a strategy for according to the global management consulting firm. Low inflation and rent reductions of up to 40 percenttin tier-2 and tier-3 citiesx also help make India the most attractive retailp investment destination, the report notes. Meantime, retails sales in Russiqa are projected to grow 15 percent a year over the next five while in Chinaa $585 billion stimulus packagde and efforts to boost economic consumption are showing early signs of as retail sales have grown in earl y 2009, the report noted.
Sunday, August 5, 2012
Federal economic rescue plan means more money for state - Denver Business Journal:
The federal Emergency Economicf Stablization Act increases the payments to countiea under the Payment in Lieu of or PILT, program, according to Sen. Pete Domenici, The bill fully funds the programthrough 2012, meaning counties couls see their PILT paymentsx increase 20 to 30 percent. The program benefitas 32 of 33 NewMexico counties. Only Curr y County does not receivePILT funds, becauss there is no eligible federal land within its In June, the released $22.44 million in 2008 PILT paymentas to New Mexico counties. That includee PILT funds paid in addition to revenue from oil and gas leasesx and salesof minerals, timber and other materials to compensated for certain tax-exempt federal lands.
Eddy County receivedf the largest PILT paymentwith $1.88 million, followeed by Otero at $1.86 million, Chaves at $1.69 millionh and Doña Ana at $1.68 million. The new law also extend s the ’s Secure Rural Schools and Community Self-Determination payment program for four which should provide a significant increasse for 22 NewMexico counties. The overallo increase would befrom $2.38 million in 2006 to $21.5 million for the payments would then decrease 10 percen annually through 2011.
The Secure Rural School and Community Self-Determinationb Act of 2000 was originally enacted to provide transitional assistance to rural counties affected by a decline in revenue from timbet harvests onfederal lands. According to federal officials, these counties traditionally relied on a shard of receipts from timberr harvests to supplement local fundingt for school systemsand roads. Catron Countyh will see the biggest estimated increase under theextendefd program. Its estimated funds for 2008 will increase byabour $6.2 million. Rio Arriba will likely see an increasof $2.4 million.
Saturday, August 4, 2012
BFC Financial, Woodbridge to merge - Washington Business Journal:
In a joint press release the Fort Lauderdale-based companies said they entered into a mergefr agreement whereinWoodbridge (Pink Sheets: WDGH) wouldd become a wholly owned subsidiary of BFC (Pink BFCF). BFC currently controls majority votinh stakes in both Woodbridgeand (NYSE: BFC lost $58.9 million on revenue of $487.5 millioh in 2008. Woodbridge owns , which is buildinv Tradition Florida inPort St. Lucie, and has investment s in various companies includingand . Woodbridge lost $140.3 million on revenue of $25. 5 million in 2008.
In its first quarter earnings report, Woodbridge warned that Core Communities could default on the loans for Traditionb Florida if its lenders demancd that it put more equity capital Under themerger deal, all shareholderz of Woodbridge Class A commomn stock except BFC woulde receive 3.47 shares of BFC’sd Class A common stock per share. With sharez of BFC opening at 40cente Monday, it equals nearly $1.30 a share for each share of Woodbridge, which opened at $1.10 Levan and Abdo are chairman and vice respectively, of both companies. The mergerd would save between $1 million and $2 million in professionap fees and SEC reporting costs forthe companies, Levan said.
It would also reducw the taxes Woodbridge would pay on its earnings once it returnswto profitability, he Currently, Woodbridge pays taxes on its earnings, and then BFC pays taxexs on the portion of Woodbridge’se earnings that it counts on its balances sheet. The move will not causr any staff reductions, Levan noted. Woodbridge will continue operate The agreement would include all current board memberds of Woodbridgeon BFC’e new board and add Woodbridge Presideny Seth Wise and BankAtlantic Bancorp President Jarett Levan to BFC’s 12-member as well. Wise wouls also become executive vice presidentof BFC. The deal is expectecd to close before the endof 2009.
BFC sharese closed unchanged at 40 The 52-week high was 95 centds on Sept. 2. The 52-week low was 6 centd on Feb. 5. Woodbridge shares closed down 2 centzsto $1.08. The 52-week high was $6.60 on Aug. 21. The 52-wee low was 2 cents on Oct. 24.
Thursday, August 2, 2012
Mothers participating in Big Latch On attempt world breast-feeding record - CBS News
CBS News | Mothers participating in Big Latch On attempt world breast-feeding record CBS News "Last year we broke our record for the seventh year running, with 5687 women and their children recorded globally for the count and many more coming together to participate on the day, we are well on target to break this record again this year" Isis ... |
Wednesday, August 1, 2012
Coyotes actual attendance left Glendale arena a third empty - Phoenix Business Journal:
That left the 17,800-seat Jobing.com Arena more than one-third emptyu during the Coyotes latest seasomn in which they failed to make the Nationalp HockeyLeague playoffs. The number compares to the team’d reported average ticket count ofabout 14,90p0 (including giveaways and sales) and average paid tickett sales of 13,000. Such team data is part of Canadiab billionaireJim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Researcjin Motion, has proposed a $213 million The Coyotes are in Chapteer 11 bankruptcy reorganization.
The team has lost $316 million sincwe moving to the Phoenix market in 1996 from The NHL and cityof Glendale, which owns Jobing.com oppose moving the team to Canada and are battlinhg Balsillie and Moyes in U.S. Bankruptcgy Court. Balsillie’s application contends that the NHL team is not financiall y viable in Phoenix and that the Coyotes lag behind other sportwchoices here. The Coyotes attendance is well behind theaverage 64,100 reported by the Arizona Cardinals as well as the Phoenis Suns with 18,400 fans and Arizonsa Diamondbacks at 31,000 fans for the most recent according to Espn.com. A U.S.
Bankruptcy Court hearing is set for June 9 to focuxs on whether the team can be movedx to Hamilton or must stayin Balsillie’s offer is the only formal deal put forward for the Coyotes.