Around the horn Texas starter Colby Lewis handled playoff pressure in Japan Detroit Free Press ARLINGTON, Texas -- During two seasons in Japan, Colby Lewis became accustomed to pitching nearly every night in front of raucous, sellout crowds. ... |
Sunday, October 31, 2010
Around the horn Texas starter Colby Lewis handled playoff pressure in Japan - Detroit Free Press
http://www.1clickdvdripper.com/dvd-creator/AVI-to-DVD-VCD-SVCD-MPEG-Converter.htm
Saturday, October 30, 2010
Crist releases new TV ad for Florida Senate, last chance to defeat Rubio - Examiner.com
http://www.ijtimoiy-fikr.org/white-sox-team-logo-credit-card-real-fans-carry-the-card/
Crist releases new TV ad for Florida Senate, last chance to defeat Rubio Examiner.com Charlie Crist, the Independent candidate running for Florida Senate, made one last attempt to get the voters' attention with a new TV ad released Thursday. ... |
Thursday, October 28, 2010
W.L. Gore to hire engineering, production workers - Dayton Business Journal:
yqyqynesara.blogspot.com
Newark, Del.-based Gore has about 2,0090 workers in Arizona with operations in Flagstaf f and the Deer Valley area of Gore spokeswoman Barbara Pizzala would not say how many worker the companyis hiring, but said it is starting to accepyt applications for a number of positions including medical devics engineering, manufacturing and R&D. Gore make a myriad of products including industrial andconsumer fabrics, fibef optic and copper cables, filtration medical equipment and compounds, and components used by the pharmaceuticall industry. Gore’s medical devicw divisions develop andmanufacture surgical, vasculat and orthopedic equipment.
Pizzala said Gore alreadyy is hiring for a few positions in Phoenixd and will be ramping up new hiresx but declined to givea timetable. W.L. Gore is known for its Gore-Te fabric used for clothinvg and thenew fabric-based retractable cover that was installed at centerf court for this year’s Wimbledomn Tennis Championships in London. The company’s Deer Valley center is locatefd near Interstate 17 and Carefree Highway innorth
Newark, Del.-based Gore has about 2,0090 workers in Arizona with operations in Flagstaf f and the Deer Valley area of Gore spokeswoman Barbara Pizzala would not say how many worker the companyis hiring, but said it is starting to accepyt applications for a number of positions including medical devics engineering, manufacturing and R&D. Gore make a myriad of products including industrial andconsumer fabrics, fibef optic and copper cables, filtration medical equipment and compounds, and components used by the pharmaceuticall industry. Gore’s medical devicw divisions develop andmanufacture surgical, vasculat and orthopedic equipment.
Pizzala said Gore alreadyy is hiring for a few positions in Phoenixd and will be ramping up new hiresx but declined to givea timetable. W.L. Gore is known for its Gore-Te fabric used for clothinvg and thenew fabric-based retractable cover that was installed at centerf court for this year’s Wimbledomn Tennis Championships in London. The company’s Deer Valley center is locatefd near Interstate 17 and Carefree Highway innorth
Wednesday, October 27, 2010
Nixon, Quinn push Biden, LaHood for high-speed rail - Nashville Business Journal:
otomaqaqaba.blogspot.com
In April, Nixon and Quinn, along with six other Midwestermn governors, to LaHood asking him to support plans for rail corridorx between cities in their including St. Louis to Chicago and St. Louis to Kansasx City. Illinois has completed an environmentakl impact statement forthe Chicago-St. Loui s corridor. “Missouri and our partne states in the already have a competitive advantage because we have been workint on this rail initiative for more than a Nixon said in a statement afterthe roundtable.
“I reiterated our strong position to Vice Presidentf Biden today while we discussed the viabilith of high speed rail The White House and the have said they woulfd from the American Recovery and Reinvestment Act, and $1 billion a year for five years as a down paymentr to develop a passenger rail system. The other governore at the meeting were Jim Doyleof Wisconsin, Jennife r Granholm of Michigan, Tim Kaine of Virginia, Deval Patrickl of Massachusetts, Sonny Perdue of Georgia and Ed Rendel l of Pennsylvania.
In April, Nixon and Quinn, along with six other Midwestermn governors, to LaHood asking him to support plans for rail corridorx between cities in their including St. Louis to Chicago and St. Louis to Kansasx City. Illinois has completed an environmentakl impact statement forthe Chicago-St. Loui s corridor. “Missouri and our partne states in the already have a competitive advantage because we have been workint on this rail initiative for more than a Nixon said in a statement afterthe roundtable.
“I reiterated our strong position to Vice Presidentf Biden today while we discussed the viabilith of high speed rail The White House and the have said they woulfd from the American Recovery and Reinvestment Act, and $1 billion a year for five years as a down paymentr to develop a passenger rail system. The other governore at the meeting were Jim Doyleof Wisconsin, Jennife r Granholm of Michigan, Tim Kaine of Virginia, Deval Patrickl of Massachusetts, Sonny Perdue of Georgia and Ed Rendel l of Pennsylvania.
Monday, October 25, 2010
Workplace meetings bill could face legal fight - The Business Review (Albany):
http://reproductiveaccess.org/mva/counseling_ambiv_pat.htm
But Senate Bill 519 coulf also face legal hearings as to whethert it limitsfree speech. Senate Bill 519 woulcd essentially ban employers from punishing workers who refuse to participate in mandatory meetings relatee to religious or political The bill exempts religiouzs andpolitical organizations. The House approved the measur 34-24 Friday in a party-line vote. The Senates had earlier passed it bya 16-1 count, with Democrats Ginny Burdick of Portlandd and Betsy Johnson of Scappoose joining Republicans in opposingb it. J.L. Wilson of the business lobbying group said earlierr this week that the group might legally challengwthe bill.
The group feels the measure infringeswon employers’ free speech “We’ll probably file a lawsuit the day it’s enacted,” he “This bill could creats a new protected class based on whether an employere wants to attend a meeting or not.” Jillianm Schoene, a spokeswoman for Kulongoski, said the governor will sign the House Republicans wasted no time blasting the “One week after passing permanent job-killing tax increasees on businesses, the legislature is working to caus e further harm to our economy by dictating the termzs of workplace communications,” said Rep. Brucse Hanna, the House minority leader.
“Thanks to the Democrats’ big-money campaign contributors, Oregob will be the only state withthis broad, reckless, and unnecessary law.” The Oregon AFL-CIO praised the bill’ passage. Some employers hold mandatory meetings to rallt against potentialunion organizing, accordinyg to the 225,000-member group. “Oregon’s elected officials have today that they stand with the workinvg people inour state,” said Tom Chamberlain, Oregon’es AFL-CIO president. “Workers should be able to opt-outr of a meeting on personal topics without worryingthat they’ll be disciplinerd or worse.
”
But Senate Bill 519 coulf also face legal hearings as to whethert it limitsfree speech. Senate Bill 519 woulcd essentially ban employers from punishing workers who refuse to participate in mandatory meetings relatee to religious or political The bill exempts religiouzs andpolitical organizations. The House approved the measur 34-24 Friday in a party-line vote. The Senates had earlier passed it bya 16-1 count, with Democrats Ginny Burdick of Portlandd and Betsy Johnson of Scappoose joining Republicans in opposingb it. J.L. Wilson of the business lobbying group said earlierr this week that the group might legally challengwthe bill.
The group feels the measure infringeswon employers’ free speech “We’ll probably file a lawsuit the day it’s enacted,” he “This bill could creats a new protected class based on whether an employere wants to attend a meeting or not.” Jillianm Schoene, a spokeswoman for Kulongoski, said the governor will sign the House Republicans wasted no time blasting the “One week after passing permanent job-killing tax increasees on businesses, the legislature is working to caus e further harm to our economy by dictating the termzs of workplace communications,” said Rep. Brucse Hanna, the House minority leader.
“Thanks to the Democrats’ big-money campaign contributors, Oregob will be the only state withthis broad, reckless, and unnecessary law.” The Oregon AFL-CIO praised the bill’ passage. Some employers hold mandatory meetings to rallt against potentialunion organizing, accordinyg to the 225,000-member group. “Oregon’s elected officials have today that they stand with the workinvg people inour state,” said Tom Chamberlain, Oregon’es AFL-CIO president. “Workers should be able to opt-outr of a meeting on personal topics without worryingthat they’ll be disciplinerd or worse.
”
Sunday, October 24, 2010
AFSCME Responds To Critics: Unlike Chamber There's "No Mystery" With Us - Huffington Post
http://besttoursin.com/en/travel-spot/page_5.html
AFSCME Responds To Critics: Unlike Chamber There's "No Mystery" With Us Huffington Post "Unlike the Chamber of Commerce, we play by clear rules of transparency -- we report our spending to the Department of Labor and every month we provide the ... |
Friday, October 22, 2010
Legal battle over gay-marriage reignites - San Francisco Business Times:
http://www.ensimshop.com/benq-fp71g-blk-fp71g-17-in-lcd-450-1-cr-alog-12ms-rt-black.html
Former U.S. Solicitor General Ted who representedGeorge W. Bush in the historic election case, and David who represented then-Vice President Al filed a preliminary injunction in federal court Wednesday morninvg that calls for an injunctiojn restoring marriage rights for gays in California until the legal battlwover Prop. 8 is concluded. The broader suit, filed Fridahy in U.S. District Court for the Northern District of arguesthat Prop. 8 creates a clasws of “second-class citizens” and thereby violates the U.S. according to the plaintiffs.
“This unequall treatment of gays and lesbianx denies them the basic liberties and equakl protection under the law that are guaranteed by theFourteentgh Amendment,” the suit states. Olson and Boies are suing on behalf oftwo same-ses couples who were denied marriage licenses due to Prop. 8. By filingy in U.S. District Court, observers say, they hope to ultimately force the issue beforethe U.S. Supreme Court, whicyh has been deeply divided on the The two attorneys are servintgas co-counsels on the case, a projectt of the . On the California Supreme Court uphelcthe proposition, the state’s bitterly contested voter-approvedx ban on same-sex marriage, by a 6-to- 1 vote.
But the California court also rulerthat same-sex marriages performed durinh an interim period last year before the measur e was enforced are valid. The court’s move means the issue will likely appear again onthe state’s ballot. Other states like Connecticut, Maine and Vermont have legalizecd same-sex marriages. New New York and New Jersey have simila movesunder consideration. The California Supreme Court, in its ruliny Tuesday, considered only the constitutionality of the which appeared on the November balloyt following a ruling a year ago in May thatallowed same-sez marriages in the state. Some 18,000 couples were marriedd during the period between Mayand November.
The judgexs unanimously upheld the validity ofthose marriages.
Former U.S. Solicitor General Ted who representedGeorge W. Bush in the historic election case, and David who represented then-Vice President Al filed a preliminary injunction in federal court Wednesday morninvg that calls for an injunctiojn restoring marriage rights for gays in California until the legal battlwover Prop. 8 is concluded. The broader suit, filed Fridahy in U.S. District Court for the Northern District of arguesthat Prop. 8 creates a clasws of “second-class citizens” and thereby violates the U.S. according to the plaintiffs.
“This unequall treatment of gays and lesbianx denies them the basic liberties and equakl protection under the law that are guaranteed by theFourteentgh Amendment,” the suit states. Olson and Boies are suing on behalf oftwo same-ses couples who were denied marriage licenses due to Prop. 8. By filingy in U.S. District Court, observers say, they hope to ultimately force the issue beforethe U.S. Supreme Court, whicyh has been deeply divided on the The two attorneys are servintgas co-counsels on the case, a projectt of the . On the California Supreme Court uphelcthe proposition, the state’s bitterly contested voter-approvedx ban on same-sex marriage, by a 6-to- 1 vote.
But the California court also rulerthat same-sex marriages performed durinh an interim period last year before the measur e was enforced are valid. The court’s move means the issue will likely appear again onthe state’s ballot. Other states like Connecticut, Maine and Vermont have legalizecd same-sex marriages. New New York and New Jersey have simila movesunder consideration. The California Supreme Court, in its ruliny Tuesday, considered only the constitutionality of the which appeared on the November balloyt following a ruling a year ago in May thatallowed same-sez marriages in the state. Some 18,000 couples were marriedd during the period between Mayand November.
The judgexs unanimously upheld the validity ofthose marriages.
Thursday, October 21, 2010
Perlmutter criticizes Frazier for approving school stimulus cash he rips on ... - The Aurora Sentinel
http://gemvis.com/html/patio_umbrella.html
Perlmutter criticizes Frazier for approving school stimulus cash he rips on ... The Aurora Sentinel MATT MCCLAIN US Congressional candidates, Republican Ryan Frazier, left, and Rep. Ed Perlmutter, D-Colo. argue over issues during a debate at KBDI ... Perlmutter c » |
Tuesday, October 19, 2010
Talbots to sell J. Jill assets for $75M - St. Louis Business Journal:
http://pupilasdilatadas.com/estados-de-animo/de-amistad-y-lejania
The move is expected to result in the closure of abou t 75of J. Jill’s existing stores. Hingham, Mass.-based Talbots (NYSE: TLB) said the agreemenft with San Francisco-based Goldebn Gate Capital is subjectto post-closing “This is a significant strategic step forward for Talbotsw as it enables us to focus our time, resources and attention exclusively on rejuvenating our core Talbots bran d and return to profitable said Trudy F. Sullivan, Talbotxs president and CEO, in a prepared writtej statement. “Paula Bennett and her team have made tremendoues progress in improvingthe J.
Jill brand merchandise and its creativew presentation across all channels of We are confident that Golden Gate Capital will be an excellenr partner tohelp J. Jill achieve its true long-term potential.” About 204 of the existinbg 279 J. Jill brand store leases will be assigned to the buyefr and will continue to About 75remaining J. Jill brand store leases will be retained by Talbots and are expectes to be closed by Talbots within the next60
The move is expected to result in the closure of abou t 75of J. Jill’s existing stores. Hingham, Mass.-based Talbots (NYSE: TLB) said the agreemenft with San Francisco-based Goldebn Gate Capital is subjectto post-closing “This is a significant strategic step forward for Talbotsw as it enables us to focus our time, resources and attention exclusively on rejuvenating our core Talbots bran d and return to profitable said Trudy F. Sullivan, Talbotxs president and CEO, in a prepared writtej statement. “Paula Bennett and her team have made tremendoues progress in improvingthe J.
Jill brand merchandise and its creativew presentation across all channels of We are confident that Golden Gate Capital will be an excellenr partner tohelp J. Jill achieve its true long-term potential.” About 204 of the existinbg 279 J. Jill brand store leases will be assigned to the buyefr and will continue to About 75remaining J. Jill brand store leases will be retained by Talbots and are expectes to be closed by Talbots within the next60
Monday, October 18, 2010
Arbitrator blocks sale of Exempla stake to Sisters of Charity - Minneapolis / St. Paul Business Journal:
mesiaipuhuni1981.blogspot.com
The ruling in the closed-door arbitrationh authorizes a transfer of control ofExemplsa -- or "membership," in the terminology of nonprofit Exempla's legal structure. But it says Sistersx of Charity cannot pay Community First forits stake. "The Exempla bylawd permit and authorize either member of Exempla to transfe r its membership to the other if both members unless the transfer isfor value," Friday's arbitration rulingf by William Meyer of ( in PDF format.) All sides in the dispute said over the weekenx they are reviewing thei "next steps" in light of the ruling.
The arbitration stemmedc from Exempla's board lawsuit to block the saying it would divert proceeds away from theidr intendedmedical purpose. Exempla has also objected to placiny two Exempla hospital that have establishexd medical policies ona non-sectarianh basis under Sisters of Charity, a Roman Catholicx organization. Sisters of Charity and Communitt First jointly founded Exemplw in 1997 to own Lutherabn Medical Center in Wheat Ridge and Good Samaritanb Medical Centerin Lafayette, which are the focusw of the dispute. (Exempla also operates Sainf Joseph Hospitalin Denver, which is owneds by the Sisters of Charity and has traditionally operatee as a Catholic hospital.
) Sisters of Charity and Community Firsg usually describe themselves as "sponsors" or "members" of Exempla in legal documents. Arvada-based Community First was foundede in 1975 as the Lutheran Medical Center the fundraising arm ofthat hospital. It has now becoms a general philanthropic organization and supporty agencyfor nonprofits, and is seekin to exit its hospital-ownershi role. The $311 milliobn buyout price was to have supported itscharitable goals.
In separat statements over the weekend, Exempla's CEO focused on the fact that the arbitrator had barred sale ofCommunity First's sharee of Exempla; Community First and the Sisterzs of Charity noted that the arbitrator is allowinvg a transfer. "Today, the arbitrator ... rulefd that our sponsors cannoft complete their member transfer agreementas proposed," Exempla CEO Jeff Selberyg wrote in a letter to employees ( .) "The arbitrator rulee [Community First] cannot receive payment for transferring its membership to [Sisters of Selberg wrote.
Sisters of Charity and Community First issued a joiny statement Saturday sayingthey "ar e reviewing the arbitrator’s decision to permit the transferr of their memberships. According to the the bylaws governingExempla Inc. allow [Sisterz of Charity] and [Community First] to transfe r their memberships. In light of the arbitrator’ s stipulation that no value can be assigned tothe transfer, the leadershipl of both organizations is working diligentlyt to determine next steps.
"Ths sponsors remain united in theid view that the membership transfer is necessary to maintain the vitalityg of Exempla hospitals and support critical servicea in the broader Denvermetropolitan community," the joingt statement adds. If the transaction is the Sisters of Charity would require Lutheran and Good Samaritan to adhere to Catholic medica directives that prohibitsterilizationm procedures, contraceptive services and end-of-life decisions such as the removaol of feeding tubes.
The arbitrator'sw ruling does not appear to bar such a medicakl policy change at thetwo "Exempla has not established that the charitable purposes and specificc objectives of Exempla would prohibit the application of the Catholifc doctrine ... at [Lutheran and Good as a result ofsuch transfer," the rulingv says. Early last year, Exempla’s board of directors sued to blocl the previously announced deal that would make the Sisters of Charitty the sole sponsorof Exempla’s hospitals, with the Sisters agreeing to pay Community First $311 A Denver District Court judge later ordered Exempl and its sponsors to seek arbitration in the case.
Exemplaa said it did not want arbitration because the repercussions from the transfeer will affect the publicand "shoulr be addressed in a not behind closed doors." But Denver District Court Judgw William Robbins said in a courrt order issued on June 25, 2008, that both statw and federal policy strongly favor arbitration in such He granted the Sistersx of Charity's motion to compekl arbitration. The private arbitration was delayed severa l months because the sides in the dispute coulcd not agree on an It beganthis spring.
In his letter Saturday, Exempla'a Selberg said that "while we disagreed on significan issues, I believe the intention of allpartiesz was, and still is, to meet the needz of our patients, hospitals and We look forward to identifying next steps with our
The ruling in the closed-door arbitrationh authorizes a transfer of control ofExemplsa -- or "membership," in the terminology of nonprofit Exempla's legal structure. But it says Sistersx of Charity cannot pay Community First forits stake. "The Exempla bylawd permit and authorize either member of Exempla to transfe r its membership to the other if both members unless the transfer isfor value," Friday's arbitration rulingf by William Meyer of ( in PDF format.) All sides in the dispute said over the weekenx they are reviewing thei "next steps" in light of the ruling.
The arbitration stemmedc from Exempla's board lawsuit to block the saying it would divert proceeds away from theidr intendedmedical purpose. Exempla has also objected to placiny two Exempla hospital that have establishexd medical policies ona non-sectarianh basis under Sisters of Charity, a Roman Catholicx organization. Sisters of Charity and Communitt First jointly founded Exemplw in 1997 to own Lutherabn Medical Center in Wheat Ridge and Good Samaritanb Medical Centerin Lafayette, which are the focusw of the dispute. (Exempla also operates Sainf Joseph Hospitalin Denver, which is owneds by the Sisters of Charity and has traditionally operatee as a Catholic hospital.
) Sisters of Charity and Community Firsg usually describe themselves as "sponsors" or "members" of Exempla in legal documents. Arvada-based Community First was foundede in 1975 as the Lutheran Medical Center the fundraising arm ofthat hospital. It has now becoms a general philanthropic organization and supporty agencyfor nonprofits, and is seekin to exit its hospital-ownershi role. The $311 milliobn buyout price was to have supported itscharitable goals.
In separat statements over the weekend, Exempla's CEO focused on the fact that the arbitrator had barred sale ofCommunity First's sharee of Exempla; Community First and the Sisterzs of Charity noted that the arbitrator is allowinvg a transfer. "Today, the arbitrator ... rulefd that our sponsors cannoft complete their member transfer agreementas proposed," Exempla CEO Jeff Selberyg wrote in a letter to employees ( .) "The arbitrator rulee [Community First] cannot receive payment for transferring its membership to [Sisters of Selberg wrote.
Sisters of Charity and Community First issued a joiny statement Saturday sayingthey "ar e reviewing the arbitrator’s decision to permit the transferr of their memberships. According to the the bylaws governingExempla Inc. allow [Sisterz of Charity] and [Community First] to transfe r their memberships. In light of the arbitrator’ s stipulation that no value can be assigned tothe transfer, the leadershipl of both organizations is working diligentlyt to determine next steps.
"Ths sponsors remain united in theid view that the membership transfer is necessary to maintain the vitalityg of Exempla hospitals and support critical servicea in the broader Denvermetropolitan community," the joingt statement adds. If the transaction is the Sisters of Charity would require Lutheran and Good Samaritan to adhere to Catholic medica directives that prohibitsterilizationm procedures, contraceptive services and end-of-life decisions such as the removaol of feeding tubes.
The arbitrator'sw ruling does not appear to bar such a medicakl policy change at thetwo "Exempla has not established that the charitable purposes and specificc objectives of Exempla would prohibit the application of the Catholifc doctrine ... at [Lutheran and Good as a result ofsuch transfer," the rulingv says. Early last year, Exempla’s board of directors sued to blocl the previously announced deal that would make the Sisters of Charitty the sole sponsorof Exempla’s hospitals, with the Sisters agreeing to pay Community First $311 A Denver District Court judge later ordered Exempl and its sponsors to seek arbitration in the case.
Exemplaa said it did not want arbitration because the repercussions from the transfeer will affect the publicand "shoulr be addressed in a not behind closed doors." But Denver District Court Judgw William Robbins said in a courrt order issued on June 25, 2008, that both statw and federal policy strongly favor arbitration in such He granted the Sistersx of Charity's motion to compekl arbitration. The private arbitration was delayed severa l months because the sides in the dispute coulcd not agree on an It beganthis spring.
In his letter Saturday, Exempla'a Selberg said that "while we disagreed on significan issues, I believe the intention of allpartiesz was, and still is, to meet the needz of our patients, hospitals and We look forward to identifying next steps with our
Saturday, October 16, 2010
LTO: meer aandacht voor brandpreventie veehouderij - AGD.nl
vishnevskiipavuh.blogspot.com
Binnenlandsbestuur | LTO: meer aandacht voor brandpreventie veehouderij AGD.nl Dat vindt LTO Nederland naar aanleiding van een onderzoek naar branden in de veehouderij, uitgevoerd door Hogeschool Van H » |
Friday, October 15, 2010
New state business group forms - Nashville Business Journal:
ramsburgsyuheo1544.blogspot.com
The council said it intends to workwith citizens, electedf officials and policy makers to developl a pro-business, pro-employment agenda. Council members include, , , , , , , and Madison'es . “When we talk abouft how we can sustain our qualityof we’re really talking about the need to establishy a better business one that opens the door to innovation and employment,” said Phil Prange, the council’s president and chiedf executive officer and owner of consulting firm . “Thes Wisconsin Business Council was established becausew we believe there are mutually beneficial solutions to the challengew weface today," Prange said.
"Ir the current economic downturn has made onething clear, it’sd that a flourishing private sector is critical for family-supportin g jobs and a robust tax base.” Scott VanderSanden, the council’d chairman and president of AT&T Wisconsin, says more must be done to energize and advance effortsx that promote Wisconsin as a good place to live and do “As the nation’s economy begins to smart businesses will be looking for opportunitie to resume growth,” VanderSanden says. “We need to make sure Wisconsin’sz business climate and policies welcome new investment and encouragejob creation.
We need to send a strong signalp that Wisconsin is a placre where businesses can grow and prosperf during the next business cycleand beyond.” Members of the council say the organization’s optimistix outlook and proactive stance will lead to a constructiv e dialogue among elected legislative leaders, policy experts and members of the generao public. Ultimately, however, the council’z private sector supporters will be looking forreal “Our future vitality requires a comprehensive strategy that recognizea the broad nature of our existing economic base and the unique strengthse of our work said Jim Senty, a member of the council’s advisory who also serves as president of Midwest Natural Gas, of La and chairman of Park Bank, of Madison.
“At the same we need to be realistic aboutg areas where our performance needs improvemenf and devise effective strategies to achieve new levelseof success.” Marc Marotta, a member of the Wisconsinn Business Council’s board of directores and former secretary of the Wisconsimn Department of Administration, said the state is fortunate because of the diverse nature of its industries, ranging from manufacturiny and agriculture to health care and However, the state’s work force lags the national average in the percentager of workers with advanced degrees and also falls below average in the numbedr of workers employed in what the U.S.
Departmenty of Labor classifiesas high-technology jobs. “The Wisconsin Business Council wants to give voice tothese issues, while engaging leadere throughout the state in an aggressived search for solutions,” said Prange. “From our solid K–12 schools and higher education system to our technical colleges and apprenticetraininbg programs, we have many of the key buildinbg blocks in place. At the same it’s clear more must be done to preserve thess assets and establish a more vibrantbusiness climate.
”
The council said it intends to workwith citizens, electedf officials and policy makers to developl a pro-business, pro-employment agenda. Council members include, , , , , , , and Madison'es . “When we talk abouft how we can sustain our qualityof we’re really talking about the need to establishy a better business one that opens the door to innovation and employment,” said Phil Prange, the council’s president and chiedf executive officer and owner of consulting firm . “Thes Wisconsin Business Council was established becausew we believe there are mutually beneficial solutions to the challengew weface today," Prange said.
"Ir the current economic downturn has made onething clear, it’sd that a flourishing private sector is critical for family-supportin g jobs and a robust tax base.” Scott VanderSanden, the council’d chairman and president of AT&T Wisconsin, says more must be done to energize and advance effortsx that promote Wisconsin as a good place to live and do “As the nation’s economy begins to smart businesses will be looking for opportunitie to resume growth,” VanderSanden says. “We need to make sure Wisconsin’sz business climate and policies welcome new investment and encouragejob creation.
We need to send a strong signalp that Wisconsin is a placre where businesses can grow and prosperf during the next business cycleand beyond.” Members of the council say the organization’s optimistix outlook and proactive stance will lead to a constructiv e dialogue among elected legislative leaders, policy experts and members of the generao public. Ultimately, however, the council’z private sector supporters will be looking forreal “Our future vitality requires a comprehensive strategy that recognizea the broad nature of our existing economic base and the unique strengthse of our work said Jim Senty, a member of the council’s advisory who also serves as president of Midwest Natural Gas, of La and chairman of Park Bank, of Madison.
“At the same we need to be realistic aboutg areas where our performance needs improvemenf and devise effective strategies to achieve new levelseof success.” Marc Marotta, a member of the Wisconsinn Business Council’s board of directores and former secretary of the Wisconsimn Department of Administration, said the state is fortunate because of the diverse nature of its industries, ranging from manufacturiny and agriculture to health care and However, the state’s work force lags the national average in the percentager of workers with advanced degrees and also falls below average in the numbedr of workers employed in what the U.S.
Departmenty of Labor classifiesas high-technology jobs. “The Wisconsin Business Council wants to give voice tothese issues, while engaging leadere throughout the state in an aggressived search for solutions,” said Prange. “From our solid K–12 schools and higher education system to our technical colleges and apprenticetraininbg programs, we have many of the key buildinbg blocks in place. At the same it’s clear more must be done to preserve thess assets and establish a more vibrantbusiness climate.
”
Wednesday, October 13, 2010
Huntington prices stock offering - Business Courier of Cincinnati:
tatyanagepoji.blogspot.com
Columbus-based Huntington said it priced an offerinb of 90 million sharesat $3.6o a share, which would raise $324 The bank took orders for the stock Wednesdayu and expects to finish allocatinbg shares to investors by June 9, said Jay who leads Huntington’s investor relations. Huntington announced the offering, originally set for only $300 million, on Wednesdayt after suspending a prograk launched in late May that resulted in the saleof $76 million in stock. Under the new offering, underwritersz have a 30-day option to buy up 13.5 milliom more shares, which would raise $48.6 million.
If underwriterzs take the over-allotment option, that will brinv the capital raised from the suspended program and new offeringv to acombined $448.6t million. The stock sale is part of a largerr Huntington plan to build a cushion against a deepedr economic downturn and eventuallyhrepay $1.4 billion in governmen bailout funds. The bank is looking to sell $75 million in preferrefd securities and togenerats $250 million from balance sheet adjustments and the adoption of new accountintg standards. Huntington (NASDAQ:HBAN) last month sold $120 million of stoco and said it expects most ofthe capital-raisintg actions to wrap up before June 30.
CEO Stephen Steinour said in a releasew Thursday thatthe higher-than-expected proceed s from the stock sale “reflects well on the increasin investor confidence we sense in the marketplace regarding Huntington’x future prospects.” “The depth of interest reflectesd both existing shareholders wanting to increas their ownership, as well as indications of interest by a numbetr of high-quality, long-term-oriented investors,” Steinour said. Huntington is the Tri-State's fourth-largest bank, with local deposits of aboutg $1.
7 billion, according to June 2008 figuresd fromthe
Columbus-based Huntington said it priced an offerinb of 90 million sharesat $3.6o a share, which would raise $324 The bank took orders for the stock Wednesdayu and expects to finish allocatinbg shares to investors by June 9, said Jay who leads Huntington’s investor relations. Huntington announced the offering, originally set for only $300 million, on Wednesdayt after suspending a prograk launched in late May that resulted in the saleof $76 million in stock. Under the new offering, underwritersz have a 30-day option to buy up 13.5 milliom more shares, which would raise $48.6 million.
If underwriterzs take the over-allotment option, that will brinv the capital raised from the suspended program and new offeringv to acombined $448.6t million. The stock sale is part of a largerr Huntington plan to build a cushion against a deepedr economic downturn and eventuallyhrepay $1.4 billion in governmen bailout funds. The bank is looking to sell $75 million in preferrefd securities and togenerats $250 million from balance sheet adjustments and the adoption of new accountintg standards. Huntington (NASDAQ:HBAN) last month sold $120 million of stoco and said it expects most ofthe capital-raisintg actions to wrap up before June 30.
CEO Stephen Steinour said in a releasew Thursday thatthe higher-than-expected proceed s from the stock sale “reflects well on the increasin investor confidence we sense in the marketplace regarding Huntington’x future prospects.” “The depth of interest reflectesd both existing shareholders wanting to increas their ownership, as well as indications of interest by a numbetr of high-quality, long-term-oriented investors,” Steinour said. Huntington is the Tri-State's fourth-largest bank, with local deposits of aboutg $1.
7 billion, according to June 2008 figuresd fromthe
Tuesday, October 12, 2010
Carter has ethical obligations to represent honestly - The Tennessean
http://www.cif.org/soliciting.php
Carter has ethical obligations to represent honestly The Tennessean Although there may be no legal requirement for Carter to live in the district he seeks to represent, there is an ethical obligation that a politician be ... |
Monday, October 11, 2010
Stimulus funding boosts construction projects, but
http://pro-software.biz/2008/10/29/
Stimulus-funded projects are one of the few bright spots for theconstructio industry, along with energy projects and militar y base realignment work, Simonson said. The unemploymentg rate for the construction industry is more than 19 double the rate for the economy as a he noted. Road repair projects can be awardedd quickly compared with other typews ofconstruction projects, Simonson said, which is why so many pavinyg crews have found work. There’s still a lot of stimulusz money that will be spent on water andwastewater projects, he noted. Plus, the and the have released long liste of construction projects that will be awardesd in thecoming months.
Simonson’s association gathered a handfupl of contractors for a conference call touting the benefitxs ofstimulus work. Christian Zimmerman, president of Pike Industries in N.H., said his companh has added 100 workers thanks to the dozen stimulues contracts his company has These contracts also enabled his company to avoidd laying off more than100 “Most of the jobs we’re getting are paving jobs,” Zimmerman said. Don president of in Coos Bay, Ore., said his company was glad to geta stimulus-fundes paving contract even though the company won’t make a lot of mone y on it.
His company is trying to improv its management to compensate for the lower profit margiband “come out on the other end of it as a bette company,” he said. Simonson said some water and wastewaterf projects are being delayed because the stimulus bill requirese the useof American-made steel, iron and equipment in stimulus-fundef projects. Laskey, whose company also builds water-treatmenft plants, said vendors have told him that a lot of the materialsx needed for stimulusprojects aren’t even made in the Unitedr States any more.
“That’s what’zs really sad about the whole situation,” he The cited the problems the “Buy American” provisionj are causing for stimulus projects in a June 2 letter to membersof Congress. Federal agencies are balancingthe “Buhy American” provision with obligations the United State s has under various trade agreements, but many state and localp governments are not, the chambet noted. As a result, even some U.S. manufacturerws are being barred from stimuluzs projects becausethey “rely on global production chains that integrate componentds from U.S.
and foreign sources,” the chamber “It is often impossible to avoid sourciny at least a portion of their contengt fromother countries.” The chamberd urged Congress to reject “Buy American” provisions in futurre legislation.
Stimulus-funded projects are one of the few bright spots for theconstructio industry, along with energy projects and militar y base realignment work, Simonson said. The unemploymentg rate for the construction industry is more than 19 double the rate for the economy as a he noted. Road repair projects can be awardedd quickly compared with other typews ofconstruction projects, Simonson said, which is why so many pavinyg crews have found work. There’s still a lot of stimulusz money that will be spent on water andwastewater projects, he noted. Plus, the and the have released long liste of construction projects that will be awardesd in thecoming months.
Simonson’s association gathered a handfupl of contractors for a conference call touting the benefitxs ofstimulus work. Christian Zimmerman, president of Pike Industries in N.H., said his companh has added 100 workers thanks to the dozen stimulues contracts his company has These contracts also enabled his company to avoidd laying off more than100 “Most of the jobs we’re getting are paving jobs,” Zimmerman said. Don president of in Coos Bay, Ore., said his company was glad to geta stimulus-fundes paving contract even though the company won’t make a lot of mone y on it.
His company is trying to improv its management to compensate for the lower profit margiband “come out on the other end of it as a bette company,” he said. Simonson said some water and wastewaterf projects are being delayed because the stimulus bill requirese the useof American-made steel, iron and equipment in stimulus-fundef projects. Laskey, whose company also builds water-treatmenft plants, said vendors have told him that a lot of the materialsx needed for stimulusprojects aren’t even made in the Unitedr States any more.
“That’s what’zs really sad about the whole situation,” he The cited the problems the “Buy American” provisionj are causing for stimulus projects in a June 2 letter to membersof Congress. Federal agencies are balancingthe “Buhy American” provision with obligations the United State s has under various trade agreements, but many state and localp governments are not, the chambet noted. As a result, even some U.S. manufacturerws are being barred from stimuluzs projects becausethey “rely on global production chains that integrate componentds from U.S.
and foreign sources,” the chamber “It is often impossible to avoid sourciny at least a portion of their contengt fromother countries.” The chamberd urged Congress to reject “Buy American” provisions in futurre legislation.
Saturday, October 9, 2010
Knott's Berry Farm Coaster to Be Inspected After Crash Injures 10 Riders - LAist
aleksanovlsys.blogspot.com
LAist | Knott's Berry Farm Coaster to Be Inspected After Crash Injures 10 Riders LAist 10 people were injured when two roller coaster trains collided in the station of the Pony Express ride at Knott's Berry Farm on Thursday, according to the ... State to probe rollercoaster crash at Knott's Berry Farm Knott's Berry Farm Roller Coaster Accident Injures 10 Knott's Pony Express corraled pending investigation |
Friday, October 8, 2010
Concordia readies environmental stewardship center - Jacksonville Business Journal:
viningocouqyl1601.blogspot.com
Construction of the 13,000 square-foot, two-story building is set to begijnJuly 14. The structur will be built in Mequon on a bluffd overlooking Lake Michigan and work is expectexd to be completed in time for the start of the 2010academif year. The total cost of the building is expectec to bebetween $3.5 milliomn and $3.75 million and is being funded exclusivelgy through charitable gifts already secured for the project.
Concordia officialx said the building demonstratesthe university’d commitment to environmental education, freshwatee conservation and emphasis on sustainable energy Plans for the center include laboratories, classrooms and a large seminar room that can accommodate 200 people for presentations. With its lakefronft exposure, Concordia officials say the building will be a centert for the study of the Great Lakesx and otherenvironmental issues. The building will be designed to be a Leadershiop in Energy and EnvironmentalkDesign (LEED) gold-level building.
“When completed, the centet will offer many educational programx and research in water stewardshil and other sustainability education topics for Concordia students as well as visitinyg area schools and thegreater community,” said Bruce director of the Concordiaq Center for Environmental Stewardship Concordia has added new degrees becausde of the new center, and now offerxs a bachelor’s degree in environmentao studies and education with a minor in environmentapl studies, and a master’s degree in education with an emphasis on environmentalo education.
“This new center is in line with Concordia’xs increased and continued interest ingreen initiatives,” said William vice president of academics at Concordia. “Each of our recentf building projects has been built to increasingyenvironmental standards, especially to save energy and othedr resources.” Construction is expected to be completex in time for the start of the 2010 academidc year. The total cost of the building is expected to bebetweeb $3.5 million and $3.75 millionh and is being funded exclusively through charitable gifts already securefd for the project.
“This new centedr reinforces Concordia’s efforts to create programs that are both importanty to the student body and the communityg asa whole,” Concordia president Patrick Ferry
Construction of the 13,000 square-foot, two-story building is set to begijnJuly 14. The structur will be built in Mequon on a bluffd overlooking Lake Michigan and work is expectexd to be completed in time for the start of the 2010academif year. The total cost of the building is expectec to bebetween $3.5 milliomn and $3.75 million and is being funded exclusivelgy through charitable gifts already secured for the project.
Concordia officialx said the building demonstratesthe university’d commitment to environmental education, freshwatee conservation and emphasis on sustainable energy Plans for the center include laboratories, classrooms and a large seminar room that can accommodate 200 people for presentations. With its lakefronft exposure, Concordia officials say the building will be a centert for the study of the Great Lakesx and otherenvironmental issues. The building will be designed to be a Leadershiop in Energy and EnvironmentalkDesign (LEED) gold-level building.
“When completed, the centet will offer many educational programx and research in water stewardshil and other sustainability education topics for Concordia students as well as visitinyg area schools and thegreater community,” said Bruce director of the Concordiaq Center for Environmental Stewardship Concordia has added new degrees becausde of the new center, and now offerxs a bachelor’s degree in environmentao studies and education with a minor in environmentapl studies, and a master’s degree in education with an emphasis on environmentalo education.
“This new center is in line with Concordia’xs increased and continued interest ingreen initiatives,” said William vice president of academics at Concordia. “Each of our recentf building projects has been built to increasingyenvironmental standards, especially to save energy and othedr resources.” Construction is expected to be completex in time for the start of the 2010 academidc year. The total cost of the building is expected to bebetweeb $3.5 million and $3.75 millionh and is being funded exclusively through charitable gifts already securefd for the project.
“This new centedr reinforces Concordia’s efforts to create programs that are both importanty to the student body and the communityg asa whole,” Concordia president Patrick Ferry
Wednesday, October 6, 2010
LandMar files for bankruptcy - Phoenix Business Journal:
http://www.fms1.org/Maria-Montessori-Quotes.html
The Jacksonville-based residential development company was amonvg 125 affiliates that filed along with itsparenr company, Charlotte-based , in the Western District of Texas. Crescent’s estimated liabilities are morethan $1 according to the filing, and its largest debt, at $13.6 is to Bank of America. The filinh was necessary, according to a statement on Crescent’s Web for the company to reorganize its reduce its debt leve l and improve its capital Crescent intends to operate its continuinb businesses without any significant interruption during the restructurinyg process because of a recentl yobtained debtor-in-possession financing facility of $110 million from a group of its existing according to the statement.
Andrew Hede, Crescent’s chie restructuring officer, has been named CEO while its formerchief executive, Arthure Fields, has retired and will work with Crescent in an advisory capacity. “We have been in active discussions with our lenderzs and other stakeholders as we work towards an agreemenft that will bring our capital structure in line with the currentyeconomic environment,” Hede said in a statemen on the company’s Web site. Charlotte-based Crescenr has been pursuing alternatives to shore up its balance sheetfor months, including sellinf some of its assets.
The company is jointl owned by (NYSE: DUK) and Morgan Stanley and has 38 residentiap communities under development inthe Carolinas, Georgia, Texas, Arizonz and Florida. Crescent acquired a controllingv interest in LandMar in butleft LandMar’s founder, Ed in control of the company untilp he resigned after a failed attempt to buy back the compang in 2007. The Jacksonville Economic Development Commission authorized city lawyerss in May to startf the foreclosure process onthe 41-acre parcel that was to be the Plans for the Shipyards included 1 millio square feet of office space, 100,000 squard feet of commercial space, 662 residential units, 350 hotelp rooms and 150 marinsa slips.
LandMar has developed or had plans to developl dozens more properties in Florida and throughouttthe Southeast.
The Jacksonville-based residential development company was amonvg 125 affiliates that filed along with itsparenr company, Charlotte-based , in the Western District of Texas. Crescent’s estimated liabilities are morethan $1 according to the filing, and its largest debt, at $13.6 is to Bank of America. The filinh was necessary, according to a statement on Crescent’s Web for the company to reorganize its reduce its debt leve l and improve its capital Crescent intends to operate its continuinb businesses without any significant interruption during the restructurinyg process because of a recentl yobtained debtor-in-possession financing facility of $110 million from a group of its existing according to the statement.
Andrew Hede, Crescent’s chie restructuring officer, has been named CEO while its formerchief executive, Arthure Fields, has retired and will work with Crescent in an advisory capacity. “We have been in active discussions with our lenderzs and other stakeholders as we work towards an agreemenft that will bring our capital structure in line with the currentyeconomic environment,” Hede said in a statemen on the company’s Web site. Charlotte-based Crescenr has been pursuing alternatives to shore up its balance sheetfor months, including sellinf some of its assets.
The company is jointl owned by (NYSE: DUK) and Morgan Stanley and has 38 residentiap communities under development inthe Carolinas, Georgia, Texas, Arizonz and Florida. Crescent acquired a controllingv interest in LandMar in butleft LandMar’s founder, Ed in control of the company untilp he resigned after a failed attempt to buy back the compang in 2007. The Jacksonville Economic Development Commission authorized city lawyerss in May to startf the foreclosure process onthe 41-acre parcel that was to be the Plans for the Shipyards included 1 millio square feet of office space, 100,000 squard feet of commercial space, 662 residential units, 350 hotelp rooms and 150 marinsa slips.
LandMar has developed or had plans to developl dozens more properties in Florida and throughouttthe Southeast.
Tuesday, October 5, 2010
Insurance department closes 5,200 complaints in 2003 - Wichita Business Journal:
http://carreerrss.com/2008-lincoln-and-mercury-models-at-central-florida-lincoln-mercury-inc.html
Sixty-four percent of complaintse made by consumers to the departmen t last year were about the handlingof claims. Most of KID says, were for an unsatisfactory claim settlemenfor offer, denial of claim and delayxs in claim. In 2003, KID closed 5,219 complaint s involving insurance companies, 38 percent of whicn concerned auto policies followed by 29 percent for accidentf andhealth insurance. The insurance department says each complaint it receives is passed on to the insured oran agent, which is then required to reviewa the complaint and provids an explanation. Auto: 1,230 complaints listed in the reporgt ledby Inc. with 304, followed by with 139, and at 113.
Acciden t and health: 782 complaints listed in the report led by Blue Crossa and of Kansas with 230 followeed by with 61 and Mega Life andat 48. Homeowners: 604 complainta listed in the report led by FarmersInsurancs Co. Inc. with 155 followed by American Familgy MutualInsurance Co. with 91, and with 70. 107 for companies listed in the report led by Prudential Insurancse Company of America with 22 and 14 complaints each for America General Life and Accidentand HMO: 222 totak complaints led by with 122 followed by 37 for and 26 for Wichita-baserd For more information on the see
Sixty-four percent of complaintse made by consumers to the departmen t last year were about the handlingof claims. Most of KID says, were for an unsatisfactory claim settlemenfor offer, denial of claim and delayxs in claim. In 2003, KID closed 5,219 complaint s involving insurance companies, 38 percent of whicn concerned auto policies followed by 29 percent for accidentf andhealth insurance. The insurance department says each complaint it receives is passed on to the insured oran agent, which is then required to reviewa the complaint and provids an explanation. Auto: 1,230 complaints listed in the reporgt ledby Inc. with 304, followed by with 139, and at 113.
Acciden t and health: 782 complaints listed in the report led by Blue Crossa and of Kansas with 230 followeed by with 61 and Mega Life andat 48. Homeowners: 604 complainta listed in the report led by FarmersInsurancs Co. Inc. with 155 followed by American Familgy MutualInsurance Co. with 91, and with 70. 107 for companies listed in the report led by Prudential Insurancse Company of America with 22 and 14 complaints each for America General Life and Accidentand HMO: 222 totak complaints led by with 122 followed by 37 for and 26 for Wichita-baserd For more information on the see
Sunday, October 3, 2010
Stop & Shop Alerts Customers to Voluntary Recall of Knorr Kosher Soup Mix - Chicken Vegetable Flavor with Pasta
dudorovanaapyh.blogspot.com
June 19 /PRNewswire/ -- The Stop & Shop Supermarket following a recall by Unilevere United States announced it removedc from sale Knorr Kosher SoupMix - Chicke Vegetable Flavor with Pasta (imported from packed in a 2.18 oz The product may contain egg, an undeclaref allergen. The product has UPC# 48000170660 and is packaged ina 2.18 oz. bag/poucnh To date, Stop & Shop has receiverd no reports of illnesses associated with consumption of this Customers who have purchased the product should discard any unused portions or bring theif purchase receipt toStop & Shop for a full Consumers looking for additional informationh on the recall may call Unilever'sa 24 hour information line at (877) A consumer services representative is availablw from 8:30 a.
m. throughg 6 p.m. In addition customers may callStop & Shop Customere Service at (800) 767-7772w Monday through Friday from 9 a.m. to 5 p.m. for more Customers can also visit theStop & Shop websitde at . The Stop & Shop Supermarket Company, baseds in Quincy, Massachusetts, employs more than 59,00p0 associates and operates 389 storeesthroughout Massachusetts, Connecticut, Rhode Island, Maine, New New York and New Jersey.
June 19 /PRNewswire/ -- The Stop & Shop Supermarket following a recall by Unilevere United States announced it removedc from sale Knorr Kosher SoupMix - Chicke Vegetable Flavor with Pasta (imported from packed in a 2.18 oz The product may contain egg, an undeclaref allergen. The product has UPC# 48000170660 and is packaged ina 2.18 oz. bag/poucnh To date, Stop & Shop has receiverd no reports of illnesses associated with consumption of this Customers who have purchased the product should discard any unused portions or bring theif purchase receipt toStop & Shop for a full Consumers looking for additional informationh on the recall may call Unilever'sa 24 hour information line at (877) A consumer services representative is availablw from 8:30 a.
m. throughg 6 p.m. In addition customers may callStop & Shop Customere Service at (800) 767-7772w Monday through Friday from 9 a.m. to 5 p.m. for more Customers can also visit theStop & Shop websitde at . The Stop & Shop Supermarket Company, baseds in Quincy, Massachusetts, employs more than 59,00p0 associates and operates 389 storeesthroughout Massachusetts, Connecticut, Rhode Island, Maine, New New York and New Jersey.
Saturday, October 2, 2010
Cardinal halves CareFusion distribution ratio - Pacific Business News (Honolulu):
coeragnheidur3778.blogspot.com
The Dublin-based health-care products giant said its stockholders will receive half a sharw inSan Diego-based for every Cardinal share they own when the spinofcf is made this summer. The companuy originally had structured the deal to give shareholdersz a full CareFusion share for every Cardinal sharethey held. As a result, an estimatecd 180 million shares of CareFusion will go out to Cardinal based onthe company’s 360 million sharezs outstanding at the end of the firsr quarter. Cardinal said it still intends to hold a stakw of up to 20percent – roughly 45 million shares in CareFusion that it will divest withijn five years.
CareFusion CEO Dave Schlotterbeck said the company adjustede the distribution ratio to put fewer shares on the boosting liquidityand “allowinv CareFusion to enter the market with a shar price that is more consistenr with other large-cap med tech companies.” CareFusion shares will be traderd on the . The compang said it hit another milestone on the road to spinninoff CareFusion, receiving a ruling from the that the deal will qualifyt as a generally tax-free transaction. The CareFusionh division makes and sells equipment such as infusion pumpzand ventilators, and infection control supplies. It generated $318.5 million in net earningsa on $3.
77 billion in revenue for the year endecdJune 30, 2008, according to filings. Cardinaol Health (NYSE:CAH) earned $1.3 billion on $91.11 billion in revenue for the year endeedJune 30, making it Ohio’s largestt publicly held corporation based on revenue.
The Dublin-based health-care products giant said its stockholders will receive half a sharw inSan Diego-based for every Cardinal share they own when the spinofcf is made this summer. The companuy originally had structured the deal to give shareholdersz a full CareFusion share for every Cardinal sharethey held. As a result, an estimatecd 180 million shares of CareFusion will go out to Cardinal based onthe company’s 360 million sharezs outstanding at the end of the firsr quarter. Cardinal said it still intends to hold a stakw of up to 20percent – roughly 45 million shares in CareFusion that it will divest withijn five years.
CareFusion CEO Dave Schlotterbeck said the company adjustede the distribution ratio to put fewer shares on the boosting liquidityand “allowinv CareFusion to enter the market with a shar price that is more consistenr with other large-cap med tech companies.” CareFusion shares will be traderd on the . The compang said it hit another milestone on the road to spinninoff CareFusion, receiving a ruling from the that the deal will qualifyt as a generally tax-free transaction. The CareFusionh division makes and sells equipment such as infusion pumpzand ventilators, and infection control supplies. It generated $318.5 million in net earningsa on $3.
77 billion in revenue for the year endecdJune 30, 2008, according to filings. Cardinaol Health (NYSE:CAH) earned $1.3 billion on $91.11 billion in revenue for the year endeedJune 30, making it Ohio’s largestt publicly held corporation based on revenue.
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