Sunday 29 April 2012

Analyzing the Seahawks' Day Three selections - CBSSports.com

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Bleacher Report


Analyzing the Seahawks' Day Three selections

CBSSports.com


The bad: Seven of the Seahawks' 10 selections came on the defensive side. It's unlikely  »

Friday 27 April 2012

FP&L rate hike request called

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Representatives from those agenciesblasteds FP&L’s rate increase at a public hearint Thursday morning in Fort Lauderdale. In the firsgt hour and a half ofthe hearing, only opposition was “We believe the amount they’rwe asking for is excessive. It’s just too much to ask for in today’s economic times,” said J.R. Kelly, public counsepl with the Florida Offices ofPublic Counsel. The Juno Beach-based utility is strugglint to make the case that it is alread y the most efficient utility in the and it would use additiona l funding to reinvest ingreater efficiency.
It has asked for approva of an increase to its base rate that woulxd raise the average residentialbill – 1,000p kilowatt hours – by $12 per month. FP&L projects that lower fuel costs – mostly natural gas and coal will lower the averaged residential bill next yearby $17, so its requesft actually won’t raise anyone’s FPL has argued that its proposal, if approvedf by the , will decreasd the typical bill by $5 monthlt or 4 percent starting on Januargy 2010. But Kelly and othera said Thursday morning that fuel prices are not Kelly argues the rate increas would guarantee a return on investmentof 12.
5 percent for the and that every one percent represents $130 “That is just too much Maybe five years in the future we will have a flourishingf economy,” Kelly said, adding that his office supports a return of 9.5 or 10 percent. According to Kelly, FP&L has already acknowledged they over-collected $1.25 billionm from rate-payers for depreciation. In opening remarks, Marlenre Santos, the utility’s vice presidenty of customer service/sales and said customers benefit fromthe utility’sz strong financial position. “When we save on our customers save on our she said.
But speakerr after speaker said the grimeconomy – unemployment and dropping home valueds – made this the wrong time for rate increasese designed to enhance the utility’s financial position. “We doubft they need any increase at allto own, operat e and maintain their system,” said Roberr Sheffel Wright, an attorney with Tallahassee-based Youny van Assenderp, who was speaking on behalfc of the Florida Retail The Public Service Commission, which regulates state will decide in mid-November whether to granty FPL's request. The PSC will hold hearings agaimn Friday, 10:30 a.m. at the North Dade Regional Libraryin Miami; and 6 p.m.
at the Plantation City Counci Chambers.

Thursday 26 April 2012

bizjournals: Search Results

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last week bought the Ash-McNeil buildingh at the intersection of...... by on Augusf 24, 2007 ...Icon in the a joint venture of Bristol Developmentand , is also the defendanyt in several suits by buyers who by on June 30, 2009 ...partnershi p between Franklin-based Bristol Development Group and Jay Turner's , whicnh developed the Icon and Velocity condos in the Gulch neighborhood...... by on June 26, 2009 ...witj Velocity in the is a partnership between Bristopland . Several would-bed buyers at the Icon have sued to by onJune 5, 2009 ...grandd opening planned for July 17. Jay Turner, managing director of , says he's been working to bring The WineLoft to...... on May 27, 2009 ...
real estats industry

Sunday 22 April 2012

Lacrosse: Westminster's McDaniel College tops No. 13 Gettysburg, 12-10 - Baltimore Sun

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Lacrosse: Westminster's McDaniel College tops No. 13 Gettysburg, 12-10

Baltimore Sun


McDaniel College jumped out to an 8-2 halftime advantage before holding on to topple No. 13 Gettysburg, 12-10, in Centennial Conference (CC) men's lacrosse action on Saturday, April 21. Skippy Clary (Baltimore/Catonsville) scored three goals to lead ...



Friday 20 April 2012

Most Florida banks swoon; three provide model for growth - The Business Journal of Milwaukee:

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USAmeriBank went from red to black ink by signinv talented bankers who brought customerswith them. Acquisitionss boosted the bottom line at CenterStatse Bankof Florida. A mergerr of related financial institutions cut expensessat , while a strongert balance sheet grew income. Each bank prosperecd by using different methodologies, yet their strategies providr a road map for institutions struggling to turn their balance sheets positive. Their profit gains are all the more remarkable given the difficult economid climatein Florida.
The said 305 banka and thrifts in Florida reported a combined net lossof $643 milliob for the 2009 first compared to net income of $4 millio n for the year-ago period. Profitability remainsa weak because banks continure to struggle withbad loans, said Pauls Johannsen, managing director of , an investmeng banking firm in Tampa. Nonperforming assets don’t bring in interesyt income, pressuring margins. The provisions bankse take for expected loan losses cut furthef into their income while the legal and managemeny expense related to foreclosed propertygoes up. USAmeriBanlk — which has amassex $650.
8 million in assets in its twoyears — has a cleabn balance sheet, said Joe Chillura, CEO. The bank avoided developmentf lending and the loans it does have that are secured by real estate arefor owner-occupied properties, Chilluras said. Only $598,000 in USAmeriBank or about one-tenth of 1 percent of the totalo $528.3 million in loans, were past due as of Marchj 31, according to a report filed withthe . Chillura, a former Tampa market presidentfor (NYSE: ), said the bankerse he’s hired have brought theird customers, a move that was possible becauswe bigger banks are distracted by bad loans and shrinking capitalp and aren’t focused on customer service.
That’s allowefd USAmeriBank to grow more quicklythan expected, Chillurza said, and post a significant turnaround, goinh from a $185,000 loss in the first quarter of 2008 to $881,000p in profit in the just-ended CenterState saw first quarter 2009 profit swell to $1.2 up 68 percent in one year, after two said John Corbett, president and CEO. The Winter Haven-basec lead banking subsidiary of CSFL) added a correspondent banking unit last fall when it hired the bankers who handled that business for theformeer .
The unit sells bonds to roughly 200 othe rcommunity banks, and it is thriving becauss community banks aren’t doing as much lendint as they were a year ago and are investing theif cash in bonds. CenterState also bought the failecdand $178 million in deposits on Jan. 30. “We’ves been putting that money to work in loansand investments, and that’s helpeed us grow,” Corbett said. Aggressivre planning that began around the end of the first quartef of 2008 kept Florida Bank on thegrowth track, said Katise Pemble, president and CEO. Florida Bank’s $351,000p in net income for the firsf quarter of 2009 was a 73 percent increaser from ayear earlier.
Sinc e December, the Tampa-based bank has merged with threde sister institutions in Jacksonvilleand Tallahassee, consolidating back-office operationz and cutting expenses. Each of the banks was above the levek regulatorsconsidered well-capitalized, and their capital positio n was further strengthened when they combined. Additionally, executive officerzs and the board developed a seriesof 90-day plane focused on strengthening the balance sheety with an emphasis on capitalk and on liquidity, or the ability to turn its assetxs into cash quickly.
A strong balance sheet allowed Floridsa Bank to look for the least expensivd way toattract funding, a move that boosts net interest or the spread between the interesty it pays on deposits and the interesyt it earns from Although there are glimmers of CenterState’s Corbett expects more loan writedowns across the industrty in the next two to three quarters. The numbed of institutions on the watch list increasede in the first threee monthsof 2009, and as of March 31, 30 percenf of Florida’s banks were on the compared to 15 percent of the institutiond a year ago.
Access to the capital marke t marketsis critical, Corbetyt said, adding the stresas tests the nation’s biggest banks just underwentf have inspired investor confidencr in those institutions. Since results were released May 7, the banksd collectively have raisednearlhy $60 billion of the $75 billion in extra capital regulators said they “As investments come back into the big I think over time you’ll see that trickle down to the mid cap and communityy banks,” Corbett said.

Wednesday 18 April 2012

GM Tonawanda hosting recycling event - Business First of Columbus:

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The one-day event June 6 from 9 a.m. to 1 p.m. at Plantt 5 on Vulcan Street, is co-sponsored by Erie Buffalo and the Northwest Solif WasteManagement Board. Last year’s event received 56,3255 pounds of electronic equipment, 247 bicycles and a truck full of Electronics equipment is a source ofrecycled steel, plastic, copper and glass. Items beingf accepted this year include: TVs, monitors, keyboards, printers, fluorescent bulbs, cell phones, rechargeables batteries, VCRs, and DVD clothing, textiles, and bicycles. Clothing and textiles will be reused at Goodwilll retail locationsor recycled.
Bicycles will be used for bike safety education or recycled by Blue Bicycleand Recycle-a-Bicycle New for this year, Buffalo ReUswe will accept used or new hand, shop and garden such as rakes, brooms, ladders, wheelbarrows, hammers and “This is a natural extension of what we do at Plant Manager Steve Finch said in a “Our plant has been landfill-free in manufacturingh since 2006. We recycle or reusw all of our waste, so this event to help the community recycle is a natural fit for us atGenerakl Motors,” he said.

Tuesday 17 April 2012

Startup to offer tech solutions for small businesses - Phoenix Business Journal:

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The company is joining the crowded fieldf with a plan to offer a wide rangwe of services includingoffice networking, storage and as well as Web design, said Craih Tiihonen, director of sales and marketing for the Phoenix-based One of its key services will be disaster planning and recovery. Tiihonen said he believes mostbusinessesa don’t spend a lot of time dwelling on what mighy happen if information were lost as the resulgt of a server crash. Alltech will work to create plansz for individual companies to help them deal with issuee such as data backups and emergency equipment failures, Tiihonen said.
Stepping into a crowded marketplacee with small IT shops serving a varietyu of business needs can be a Tiihonensaid Alltech’s goal is to be a low-costt solution to businesses that can’ty afford to have its own informatioh technology personnel. “We’re going to be the smalkl and midsize business’s friend when it comesa to theirIT needs,” he For more: . People wanting to change the volume on their stereo can now look to their in Scottsdale is pushing a new devicwe billed for homes and small offices that alloaw users of an iPhone to adjust a stereo including controlling various zonexs and selecting play The device is called theSpeakerCraft ERS-1.
0 Web Server. Owne r Jason Hersh said he is finding good applications in doctotr anddentist offices, amongv other businesses. The device workz through the wireless connectivity ofApple Inc.’sd iPhone and iPod Touch. It ties into an Etherne adapter onthe stereo, allowing access to all the data storef there. “The ability to see your deviceis what’se driving this level of control,” he The system, available for less than $2,000, come in several versions and allows for controls of up to 32 zones. Hersh said that applies particularly tomedical offices, which can play musixc in any number of rooms.
The device is part of an industrhy trend that is usinf such technologiesas Wi-Fi and Bluetooth compatibility to control audio-visualk elements, Hersh said. “w lot of the industry is integrating withthe iPod, so therw are new devices coming out every day,” he said. Hers h started Dynamic Sound Systems in 1997 as an onlinse reseller ofstereo equipment. The companyt now does custom installations in homes and officed and hassix employees. For . is getting into the sociaol networking space with the launch of The site, sponsored by Verve Energ Drink, is the first to be launchesd by a Women’s National Basketball Associatiom team.
It allows fans to creatse their own pages in asocial “Mercury fans want more than just the latest news and said Jeramie McPeek, vice president of interactive serviceas for the Mercury and the Phoeni x Suns. “They want to be able to interact with the voice their opinions and help us create excitingbnew content.” For more: .

Sunday 15 April 2012

Study: Eye condition linked to diabetes - New Mexico Business Weekly:

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Ninety-eight percent of study participantsa who hada grayish-white ring around the corne a — a condition called corneal arcus also had metabolic problems related to conditions such as diabetes, high bloodd pressure and high cholesterol, concludes a study conducted by VSP and the in Columbus, Ga. Until now, healthu professionals have assumed arcus is related to high This study suggested the relationship betweenj arcus and high blood sugar needsd to bestudied further, VSP officialx said.
Follow-up testing showed that 88 percent of the patientsz with arcus had highblood sugar, 66 percenty had an elevated body mass index, 64 perceny had high blood pressure and 21 percent had elevatef cholesterol. The study was conducted on 2,000 patient s between April andSeptember 2008. In addition to an eye VSP doctors screened patients for other health riskss and referred those at risk to the foundation for diagnosisw andadditional testing. “This study demonstratesx ... how comprehensive eye examsd should be used as a screeninv for prevalentmetabolic conditions,” Dr. Steven Leichter, medical directorr at the research foundation, said in a presw release.
“Greater partnership between relevant health care providers may enhanc the efficiency of our health caresystem and, in the end, reducs health care costs.”

Friday 13 April 2012

USOC, Comcast plan to launch Olympic Network - Denver Business Journal:

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The partners said the new service will carrythe U.S. Olympic Trials after 2012. The USOC and Comcast did not say that the Olympifc Network will carry any live broadcast of actual OlympicGamexs competition. Those broadcasts are reservecd to networks that pay large sums to the for exclusive rights in theUnited States, NBC Universao and its affiliated cable channels. NBC Universal has agreerd to payabout $2 billion to broadcast the Olympic Games and the Olympic Trials throughj 2012, .
NBC also is authorized to call itseldthe “Olympic Network,” the Journal Wednesday’s announcement was of a network “devotefd solely to the excitement, competition and valuee connected with the Olympic Movement.” The network plan to carry coverage of USOC-affiliated “championship competitions” as well as commentary, interviews, documentaries and classivc Olympic footage. It also will offer online and video-on-demanc channels. “The transaction is subject to closing thepartners said. “The U.S.
Olympic Networi will be a dream come true for fans of theOlympidc Games, delivering rich year-round content associated with the world’s greatest sporting said Stephanie Streeter, acting CEO of the in a statement. The USOC said it planw to use “a significant portion” of its net proceeds from the networo to help fund the training ofAmerican athletes.

Wednesday 11 April 2012

Amerijet acquires interest in Nations Express - Business First of Columbus:

authors-morphology.blogspot.com
Amerijet recently announced its acquisition ofSRX Transcontinental, a Florida-basef company specializing in ground handling operations throughout Central Asia, and owner of , an Uzbekistah certificated airline. Florida-based Amerijet serves destinations throughoutthe America’s, Mexico, the Caribbean, Asia, and the Middle Its primary hub is at , with 210,000-square-footg export and 100,000-square-foot imports air cargok handling facilities and a 50,000-square-foot ocean cargo

Monday 9 April 2012

ValCom Removes Vince Vellardita As CEO, Tim Harrington To Succeed - NASDAQ

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ValCom Removes Vince Vellardita As CEO, Tim Harrington To Succeed

NASDAQ


This decision was pursuant to a Delaware Chancery Court Order. Tim Harrington has been appointed as CEO and Patrick Willemsen as Chairman of the Board. The Delaware court order further invalidated the election of Nalin Rathod and Rahul Rathod as ...


Tim Harrington Named New ValCom CEO and Patrick Willemsen Appointed Chairman ...

MarketWatch (press releas e)



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Sunday 8 April 2012

Green Township OKs Mercy hospital plan - Washington Business Journal:

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The plan passed 3-0. “We’r e very pleased to get to this stagwe and excited to take thenext step,” said Pete Gemmer, spokesmab for Mercy. “We realize there is stil l a lot of work to do and we look forware to continuing to work with the residents and the townshio leaders to develop a hospitakl everyone can beproud of.” The project will now be submitted to the Hamilton County Regional Commission for consideration, probablgy next month, Gemmer said. The plannede hospital and parking areas would cover about 40 acresw and sit near toInterstate 74. The facility, to cost $200 could open in early 2014. The proposedd site is 60 acres.
Mercy has said it will closde itstwo West-Side hospitals: Mercy Hospita l Western Hills and Mercy Hospital Mount Airy. The new with 200 to 250 beds, will be a replacement for them. Some resident s in the area had expressed concern s about increased traffic as a resul t ofthe hospital, whose main accesx road would be from North Bend at roughly the midway pointf between Kleeman and Boomer. Gemmer said a traffic impact study through the HamiltonCounty Engineer’s Officr is nearly complete.

Friday 6 April 2012

Frazier museum chooses Bandy Carroll Hellige as it agency of record - Washington Business Journal:

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Previously, the museum had no single agencyof record, with severakl Louisville advertising firms handling the said Krista McHone, public relations and marketing directof for the museum. “I just decidex to consolidate all that with BandyCarroll Hellige,” McHone Bandy Carroll Hellige will develop and implement all including branding, marketing, advertising, public relations and interactiver programs for the museum, the release The Frazier museum, 829 W. Main St., was foundes in 2004 by OwsleyBrown Frazier, the retirecd vice chairman of , the Louisville-based spiritd and wine company.
The museum has abouyt 100,000 square feet of antique arms and historical many of which arefrom Frazier’s privat e collection. Bandy Carroll Hellige was founded in 1989 by partnerdSusan Bandy, Mark Carroll and Tim Helligew and has a total of 44 employeess at its headquarters in Ky. and an office in Indianapolis, according to the

Wednesday 4 April 2012

Towers Crescent starts to grow - Washington Business Journal:

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D.C.-based and will build a 13-story, 295,000-square-footg Class A structure at the site on Towers Crescent and the building will include a covere pedestrian bridge that connects to Tysons Corner a shopping complex with 300 storesand restaurants. "Ws see great potential for a property of this high caliber inTysonsd Corner," said Robert Quadrangle's chairman, in a statement. "With the planned extensio of Metrorail, Tysons Corner will continue its evolution towardzs a dynamicurban center." Work is expected to be finished on the buildinhg in the spring of 2009.
It neighbors a trio of offic buildings also owned by Quadrangle and AEW thattotal 750,000 square feet of Class A space. On anothee part of the property, Quadrangle and AEW are seekinfg approvals from Fairfax County that would allowa the construction ofa 900-unit residential developmenft and about 90,000 square feet of retaikl and restaurant space. The proposal is currently going throughy a site plan and Quadrangle and AEW hope to startf the project in the fallof 2008.

Monday 2 April 2012

NTPC adds highest capacity of 2820 mw - mydigitalfc.com

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NTPC adds highest capacity of 2820 mw

mydigitalfc.com


The company targets to commission capacities totalling 4000 mw in this financial year. NTPC added 2820 mw during 2011-12 against 2490 mw in the previous financial year. “It is the highest ever capacity addition surpassing earlier best capacity addition ...



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