fugycyquwod.blogspot.com
The school is expected to provid undergraduate, graduate and professional programds to prepare students to identifyh and solve challenges related to the environment and The University will begin a search for a and will house thenew school's operations at its Eden Hall Farm Campuws in Richland, north of Pittsburgh. The administration anticipates that the programs offered through the School will both attractf new students and drive the Eden Hall Farm master plan.
The first program offered througgh the new school willbe Chatham's newest graduate the Master of Arts in Food The degree is designed to provide studentas with "a deep understanding of the issuese surrounding food such as the environmental costsw of food production and distribution, cultural issues, sustainability of communities, and safety of the food according to a release from the Classes will begin in spring 2010 at the Eden Hall Farm campus and the Shadyside campue in Pittsburgh's East End, and will include courses such as agricultural productionn systems, food processing, industrialization and waste, food, sustainability and health, and food and
Sunday, April 29, 2012
Saturday, April 28, 2012
OUTDOORS: Powhatan State Park could open next year - Richmond Times Dispatch
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OUTDOORS: Powhatan State Park could open next year Richmond Times Dispatch A new state park will go on this Powhatan County land, on the south side of the James River. This picture was shot from the Goochland side. A few months back, stuck in brutal, if typical, I-95 traffic in Northern Virginia, my wife and I decided to take ... |
Thursday, April 26, 2012
UW-Stout adds new bachelor degree programs - The Business Journal of Milwaukee:
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The new majors will start in fall 2009. A year ago also known as "Wisconsin’s Polytechnic had 29 undergraduate majors. The most recentt action brings that numberto 36, an increasre of 24 percent. Chancellor Charles Sorense n said he hopesthat UW-Stout will offefr 40 undergraduate majors in another year. “We are steadil increasing the variety of our undergraduate majors to ensur e we are meeting the needsd of the students and businesw and industry in the Chippewqa Valley and the rest ofthe state,” he Game design and development at UW-Stout has been a concentratiob within the applied mathematics and computer science major.
The new majoer will prepare graduates for careersw in the video game industru and incomputer simulation, opening up opportunities in entertainment, business and the military. Propertyy management has been a minorat UW-Stout since 1985. The new degred will be offered by the departmengt of hospitality and tourismm and will consist primarily of existinv courses from hospitalityand tourism, management and psychology.
The new majors will start in fall 2009. A year ago also known as "Wisconsin’s Polytechnic had 29 undergraduate majors. The most recentt action brings that numberto 36, an increasre of 24 percent. Chancellor Charles Sorense n said he hopesthat UW-Stout will offefr 40 undergraduate majors in another year. “We are steadil increasing the variety of our undergraduate majors to ensur e we are meeting the needsd of the students and businesw and industry in the Chippewqa Valley and the rest ofthe state,” he Game design and development at UW-Stout has been a concentratiob within the applied mathematics and computer science major.
The new majoer will prepare graduates for careersw in the video game industru and incomputer simulation, opening up opportunities in entertainment, business and the military. Propertyy management has been a minorat UW-Stout since 1985. The new degred will be offered by the departmengt of hospitality and tourismm and will consist primarily of existinv courses from hospitalityand tourism, management and psychology.
Tuesday, April 24, 2012
San Jose Jazz group swings with West Valley College - Atlanta Business Chronicle:
lyubomiradete.blogspot.com
San Jose Jazz will run ’s jazz grou p as one of its programs and assume productionb of its existingconcert series. The West Valley Jazz Orchestraa will be renamed the as part of a collaboration betweebn thetwo entities, and it will continue unde the leadership of artistic director Gus Kambeitz. “We’ve sort of tentatively workedf together for quitea while,” said San Jose Jazz Executivd Director Geoff Roach. “There are certain limitations in beinh astandalone organization, and in the case of West Valley Jazz the feelingf was that the band could grow and do more things.
” Kambeitza said working with San Jose Jazz in the past “haws provided access to audiences and resources that were previously unavailabld to us. San Jose Jazz has producedc some of the best musi programs on theWest Coast, so combining our year-round concert series with San Jose Jazz performance programws will undoubtedly take both organizations in new and excitingy directions.” Roach added that the collaboratiojn makes “a whole lot of sense, especiallyg in the area of nonprofits.” Each year from January througbh March, San Jose Jazz offers a Sunday seriesx at San Jose’s Improv Theatee on Second Street.
The seriee brings 200 to 300 people to downtown San Jose onSundat afternoons, Roach said. Nevertheless, Roach’s group is coping with its own After losing support from major sponsorsComcast Corp. and Southwest Airlines Co., the San Jose Jazz Festivalo got backing for this yearfrom AT&Tr Inc. The 20th annual festival, which cost s about $1.5 million to put on, takee place Aug. 7 through 9. “We’ree below where we shouls be in funding,” Roachu said. “We’re probably running $150,000 to $200,000 undere what we should be.” Ticket prices have gone up an individual passis $15 rather than $10.
And, he added, “There’s stillk room for more sponsors.” A large part of the festival’es funding comes from sponsorship which helps keep ticket prices Roach said some of the shortfallk will be made up bycuttiny costs. Two stages were eliminated, one of them contemporaryu R&B. “There will still be plenty of he said. “Ten stages, 1,000 musicians. I doubt if most peoplr will even notice the loss of the two He said the festival is tryingb to cut even more costs by tapping volunteerd and working outtrade deals. For it could cost about $10,00p0 to rent forklifts over a weekend, so the festival is trying to borrow some of the equipmengtit needs.
He adderd that it’s not a one-way street for “We’re not looking for handouts,” he “We’re talking about an affluenr crowd, a captive audience with 100,00o0 eyeballs.”
San Jose Jazz will run ’s jazz grou p as one of its programs and assume productionb of its existingconcert series. The West Valley Jazz Orchestraa will be renamed the as part of a collaboration betweebn thetwo entities, and it will continue unde the leadership of artistic director Gus Kambeitz. “We’ve sort of tentatively workedf together for quitea while,” said San Jose Jazz Executivd Director Geoff Roach. “There are certain limitations in beinh astandalone organization, and in the case of West Valley Jazz the feelingf was that the band could grow and do more things.
” Kambeitza said working with San Jose Jazz in the past “haws provided access to audiences and resources that were previously unavailabld to us. San Jose Jazz has producedc some of the best musi programs on theWest Coast, so combining our year-round concert series with San Jose Jazz performance programws will undoubtedly take both organizations in new and excitingy directions.” Roach added that the collaboratiojn makes “a whole lot of sense, especiallyg in the area of nonprofits.” Each year from January througbh March, San Jose Jazz offers a Sunday seriesx at San Jose’s Improv Theatee on Second Street.
The seriee brings 200 to 300 people to downtown San Jose onSundat afternoons, Roach said. Nevertheless, Roach’s group is coping with its own After losing support from major sponsorsComcast Corp. and Southwest Airlines Co., the San Jose Jazz Festivalo got backing for this yearfrom AT&Tr Inc. The 20th annual festival, which cost s about $1.5 million to put on, takee place Aug. 7 through 9. “We’ree below where we shouls be in funding,” Roachu said. “We’re probably running $150,000 to $200,000 undere what we should be.” Ticket prices have gone up an individual passis $15 rather than $10.
And, he added, “There’s stillk room for more sponsors.” A large part of the festival’es funding comes from sponsorship which helps keep ticket prices Roach said some of the shortfallk will be made up bycuttiny costs. Two stages were eliminated, one of them contemporaryu R&B. “There will still be plenty of he said. “Ten stages, 1,000 musicians. I doubt if most peoplr will even notice the loss of the two He said the festival is tryingb to cut even more costs by tapping volunteerd and working outtrade deals. For it could cost about $10,00p0 to rent forklifts over a weekend, so the festival is trying to borrow some of the equipmengtit needs.
He adderd that it’s not a one-way street for “We’re not looking for handouts,” he “We’re talking about an affluenr crowd, a captive audience with 100,00o0 eyeballs.”
Sunday, April 22, 2012
Aviation Week study of top performing airlines ranks Frontier 19th - Wichita Business Journal:
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The ranking, released Tuesday, seeks to "identify those companiea that are best positioned to weather the current globapl recession and recent volatility in fuel AviationWeek said. It rates airline operators on business criteria -- liquidity, financial health, earnings performance, fuel-cost management and asset utilization -- and not on service or flyinvg operations. Denver-based Frontier is the second-largesgt carrier at after . Aviatioj Week rated its holding company, Frontier Airlinexs Holdings Inc. The journal rates Frontier highest on liquidity and lowest on earnings performance andfuel management. Calculations are basec on airline results forfiscal 2008.
Sincer 2008, Frontier has taken significant steps to cut costs andimprover efficiency, and . A bankruptcy judge Mondag . Among other DIA ranked 10th among24 low-cost and carriers, while JetBlue Airways Corp. was No. 16 and was No. 22. ranked No. 1 on the low-cost-carriers list. In a separatwe ranking of 32 major airlines, -- holding company of United Airlines, DIA's No. 1 carrie r -- ranked near the bottom, in 31st was No. 16, No. 22, and No. 30. was in first place on the majorairlines list. "Thse recession has grabbed hold of the airline industry, and survival is still the name of the Aviation Week & Space Technology Editor-in-Chief Anthonyh Velocci Jr.
said Tuesday in a statementg accompanyingthe ranking. "This year’s Top-Performing Companies review of airlines placex liquidity and financial health as the top indicators for weathering furtherf volatility in the economy and rising fuel he said. "We are seeinvg sharp drops in scores across the inall regions, but with the TPC we can identify those airlines that are doing thingd right." .
The ranking, released Tuesday, seeks to "identify those companiea that are best positioned to weather the current globapl recession and recent volatility in fuel AviationWeek said. It rates airline operators on business criteria -- liquidity, financial health, earnings performance, fuel-cost management and asset utilization -- and not on service or flyinvg operations. Denver-based Frontier is the second-largesgt carrier at after . Aviatioj Week rated its holding company, Frontier Airlinexs Holdings Inc. The journal rates Frontier highest on liquidity and lowest on earnings performance andfuel management. Calculations are basec on airline results forfiscal 2008.
Sincer 2008, Frontier has taken significant steps to cut costs andimprover efficiency, and . A bankruptcy judge Mondag . Among other DIA ranked 10th among24 low-cost and carriers, while JetBlue Airways Corp. was No. 16 and was No. 22. ranked No. 1 on the low-cost-carriers list. In a separatwe ranking of 32 major airlines, -- holding company of United Airlines, DIA's No. 1 carrie r -- ranked near the bottom, in 31st was No. 16, No. 22, and No. 30. was in first place on the majorairlines list. "Thse recession has grabbed hold of the airline industry, and survival is still the name of the Aviation Week & Space Technology Editor-in-Chief Anthonyh Velocci Jr.
said Tuesday in a statementg accompanyingthe ranking. "This year’s Top-Performing Companies review of airlines placex liquidity and financial health as the top indicators for weathering furtherf volatility in the economy and rising fuel he said. "We are seeinvg sharp drops in scores across the inall regions, but with the TPC we can identify those airlines that are doing thingd right." .
Friday, April 20, 2012
Hale and hearty - FOXSports.com
afukakuja.wordpress.com
FOXSports.com | Hale and hearty FOXSports.com Ken Rosenthal has been the senior baseb » |
Thursday, April 19, 2012
Treasury lets 10 banks repay $68B - Philadelphia Business Journal:
ramoledef.blogspot.com
According to MarketWatch, and are not amontg them. The department says the institutions, whichb it did not name, have met the requirementw for repayment established by federalbanking supervisors. It says many banks recently have raised equity capital from private investors and haveissuedf long-term debt that is not guaranteee by the government. “These repaymentzs are an encouraging sign offinanciakl repair, but we still have work to Treasury Secretary Tim Geithner says. According to MarketWatch, the bankes permitted to pay back the funds are JPMorganChasd & Co., Goldman Sachse Group Inc.
, Morgan Stanley, American Express, Bank of New York State Street, US Bancorp, BB&T Capital One Financial Corp. and Northern More than 600 bankws received a total ofnearly $200 billion throughb the department’s Troubled Asset Relief About $2 billion of that money was paid back previously. Charlotte-basefd BofA (NYSE:BAC) received a total of $45 billionn through the program. San Francisco-based Wells Farg o (NYSE:WFC), which acquired of Charlottee latelast year, got $25 billionn from the TARP initiative, which is designeds to thaw the credit markets and boosr the economy.
Under the program, bankse retiring their preferred stock can repurchasd the warrants held by the Treasury Besides the proceeds from the sales of the the department also hasreceived $4.5 billio in dividend payments from program Proceeds from the repayments will go to the Treasury Department’as general fund. The funds can be used to reduce the nationalk debt and can serve as a cushion in case the departmen t needs to respond to financial emergencies in the thedepartment says.
According to MarketWatch, and are not amontg them. The department says the institutions, whichb it did not name, have met the requirementw for repayment established by federalbanking supervisors. It says many banks recently have raised equity capital from private investors and haveissuedf long-term debt that is not guaranteee by the government. “These repaymentzs are an encouraging sign offinanciakl repair, but we still have work to Treasury Secretary Tim Geithner says. According to MarketWatch, the bankes permitted to pay back the funds are JPMorganChasd & Co., Goldman Sachse Group Inc.
, Morgan Stanley, American Express, Bank of New York State Street, US Bancorp, BB&T Capital One Financial Corp. and Northern More than 600 bankws received a total ofnearly $200 billion throughb the department’s Troubled Asset Relief About $2 billion of that money was paid back previously. Charlotte-basefd BofA (NYSE:BAC) received a total of $45 billionn through the program. San Francisco-based Wells Farg o (NYSE:WFC), which acquired of Charlottee latelast year, got $25 billionn from the TARP initiative, which is designeds to thaw the credit markets and boosr the economy.
Under the program, bankse retiring their preferred stock can repurchasd the warrants held by the Treasury Besides the proceeds from the sales of the the department also hasreceived $4.5 billio in dividend payments from program Proceeds from the repayments will go to the Treasury Department’as general fund. The funds can be used to reduce the nationalk debt and can serve as a cushion in case the departmen t needs to respond to financial emergencies in the thedepartment says.
Tuesday, April 17, 2012
Memo to TV reporters: Standing on train tracks can be hazardous - Business First of Columbus:
vadimsudigrenev.blogspot.com
The filing said Park was authorizes to begin offering the shares onMay 28. Althoughn a Park official would not confirm the offerin is being conducted specifically torepay TARP, in the past few montha the bank has said it was looking into options for repaying the government. An Indianapolis developedr new to the market has hired a general manager for its firsf CentralOhio hotel. Dora Hospitality LLC named Tim Dehnartt to runthe 117-room Dublin Holiday Inn Express nearingb completion at 5500 Tuttle Crossing It’s set for opening in mid-July. Dehnart said the Holiday Inn Express marks the first Ohio investment for which also owns hotelsin Wisconsin, Illinoisd and North Dakota.
“They’re testing the waters,” he said. Dehnary most recently was GM ofa Dora-owned Staybridgse Suites hotel in Fort Wayne, Ind. Untipl April last year, he was assistant GM of the Dublin Staybridg e Suites foranother operator.
The filing said Park was authorizes to begin offering the shares onMay 28. Althoughn a Park official would not confirm the offerin is being conducted specifically torepay TARP, in the past few montha the bank has said it was looking into options for repaying the government. An Indianapolis developedr new to the market has hired a general manager for its firsf CentralOhio hotel. Dora Hospitality LLC named Tim Dehnartt to runthe 117-room Dublin Holiday Inn Express nearingb completion at 5500 Tuttle Crossing It’s set for opening in mid-July. Dehnart said the Holiday Inn Express marks the first Ohio investment for which also owns hotelsin Wisconsin, Illinoisd and North Dakota.
“They’re testing the waters,” he said. Dehnary most recently was GM ofa Dora-owned Staybridgse Suites hotel in Fort Wayne, Ind. Untipl April last year, he was assistant GM of the Dublin Staybridg e Suites foranother operator.
Sunday, April 15, 2012
Convera folding into U.K. company - Sacramento Business Journal:
vlastaowibopaj.blogspot.com
Vienna-based Convera (NASDAQ: CNVR) will be dissolved. Aftere the merger, Patrick Condo, Convera's CEO, will become the chairman of the andColin Jeavons, Firstlight'sx CEO, will become the CEO. Convera's plan of dissolutioj contemplates an orderly wind down of its businesxand operations. After filing its certificate of Convera intends to make one or more distributions to its stockholder of cash availablefor distribution, subject to applicable legalp requirements. Convera will then delist its common stockfrom Nasdaq. The new company will briny together the vertical search technology of Convera and the advertisingb sales and marketing capabilitiesof Firstlight.
It will have over 60 corporatew customer accounts and 120 existing Web sitesx withapproximately 1,500 When the merger becomese effective, Convera will own 33.3 percent and Firstlight will own 66.7 percentt of the total outstanding commonb stock of the new subject to certain adjustments whichh may enable Convera to own up to 42 percent of the new companuy prior to the The merger is subject to Convera approval and certain other customary closing conditions. The mergert is expected to close this summer.
Vienna-based Convera (NASDAQ: CNVR) will be dissolved. Aftere the merger, Patrick Condo, Convera's CEO, will become the chairman of the andColin Jeavons, Firstlight'sx CEO, will become the CEO. Convera's plan of dissolutioj contemplates an orderly wind down of its businesxand operations. After filing its certificate of Convera intends to make one or more distributions to its stockholder of cash availablefor distribution, subject to applicable legalp requirements. Convera will then delist its common stockfrom Nasdaq. The new company will briny together the vertical search technology of Convera and the advertisingb sales and marketing capabilitiesof Firstlight.
It will have over 60 corporatew customer accounts and 120 existing Web sitesx withapproximately 1,500 When the merger becomese effective, Convera will own 33.3 percent and Firstlight will own 66.7 percentt of the total outstanding commonb stock of the new subject to certain adjustments whichh may enable Convera to own up to 42 percent of the new companuy prior to the The merger is subject to Convera approval and certain other customary closing conditions. The mergert is expected to close this summer.
Friday, April 13, 2012
Artromick International poised for growth in digital health-care age - Business First of Columbus:
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It’s a simple truth about such projects that’s the key to futured growth for Columbus-based : “If they don’t have our they’re not going the last 5 yards,” said Paul the company’s president and chief operating officer. Artromicok is a more than 30-year-old company that makew a range of products forthe long-termk and acute-care markets, notably medication and emergencyh carts. The company’s carts have been a staple for decadesx innursing homes, where it has an estimated 75 percentt share of the product market. up until recently, counted on that long-term care market for the bulk ofits revenue.
Guth, who joinexd the company in 2004, estimates roughly 80 percent of salea as early as five yeara ago came from workingwith independent, or “closed-door,” pharmacies that supply nursing homes. Fast-forward half a decade and only abou 40 percent of its revenue comes fromthe long-ter m care industry – the rest comexs from growing markets that provide as much opportunityh as challenge. Those challenges haven’t easedx as the recession makes its mark on the Fiveyears ago, exports accounted for less than 10 percent of Artromick’sd sales. They now make up 20 percent, Guth said. The compan sells its products to 40 countries and was namexd a top exporter bythe .
But the largesf area of growth isin hospitals, which are showintg more need for products that make costly electronic health-care systemw portable and safe. Guth said the compangy has intensified its pushto design, develo and produce portable nurse stations and other productss to line up with demand. Acute care accountxs for about 40 percentf ofthe revenue, the same share as its long-standing long-term care business. “Long-term care has always been the biggesty business, but we’re growing it as much as the industr allows,” Guth said. “It’s the hospital side that’xs growing rapidly.
” That growth hit the spotlight on the 2008campaigbn trail, as President Barack Obama stressed in his platform moving to electronixc medical records. A $19 billion investment in that technology was includecd inthe $787 billion economivc stimulus package he signex earlier this year. While the company continues to see acutr care asa long-term growt prospect, the recession has put a marked short-ternm squeeze on hospitals’ capital spending. That trend has taken a bite out of earninges and personnelat Ohio’s largest publixc company, The Dublin-based health-care giant in recent months has easedf profit expectations and cut 1,309 jobs. Artromick hasn’t been immune.
“It definitely is slowinf us down,” he “People are freezing their capitalp budgets, but by the time they get to the point of wantinyg to buyour product, they’ve spen t millions and millions on software. They need our product to finisy it.” While Artromick’s productes are a key cog in the health-care industry at the poinyt ofpatient care, the company hasn’t just restexd on that to get it through the recession. Artromicm has expanded its online shoppinyg portal to sidestep the needfor customer-service representatives and pinpointedx marketing dollars to target potentiaol clients surfing the Internet.
At the start of the year, it also rolleds out what it dubber “Artromick Capital,” a program for customers that offers leasingt and monthly payment optionsfor products. “We’re just trying to get them to be able to buy our Guth said.
It’s a simple truth about such projects that’s the key to futured growth for Columbus-based : “If they don’t have our they’re not going the last 5 yards,” said Paul the company’s president and chief operating officer. Artromicok is a more than 30-year-old company that makew a range of products forthe long-termk and acute-care markets, notably medication and emergencyh carts. The company’s carts have been a staple for decadesx innursing homes, where it has an estimated 75 percentt share of the product market. up until recently, counted on that long-term care market for the bulk ofits revenue.
Guth, who joinexd the company in 2004, estimates roughly 80 percent of salea as early as five yeara ago came from workingwith independent, or “closed-door,” pharmacies that supply nursing homes. Fast-forward half a decade and only abou 40 percent of its revenue comes fromthe long-ter m care industry – the rest comexs from growing markets that provide as much opportunityh as challenge. Those challenges haven’t easedx as the recession makes its mark on the Fiveyears ago, exports accounted for less than 10 percent of Artromick’sd sales. They now make up 20 percent, Guth said. The compan sells its products to 40 countries and was namexd a top exporter bythe .
But the largesf area of growth isin hospitals, which are showintg more need for products that make costly electronic health-care systemw portable and safe. Guth said the compangy has intensified its pushto design, develo and produce portable nurse stations and other productss to line up with demand. Acute care accountxs for about 40 percentf ofthe revenue, the same share as its long-standing long-term care business. “Long-term care has always been the biggesty business, but we’re growing it as much as the industr allows,” Guth said. “It’s the hospital side that’xs growing rapidly.
” That growth hit the spotlight on the 2008campaigbn trail, as President Barack Obama stressed in his platform moving to electronixc medical records. A $19 billion investment in that technology was includecd inthe $787 billion economivc stimulus package he signex earlier this year. While the company continues to see acutr care asa long-term growt prospect, the recession has put a marked short-ternm squeeze on hospitals’ capital spending. That trend has taken a bite out of earninges and personnelat Ohio’s largest publixc company, The Dublin-based health-care giant in recent months has easedf profit expectations and cut 1,309 jobs. Artromick hasn’t been immune.
“It definitely is slowinf us down,” he “People are freezing their capitalp budgets, but by the time they get to the point of wantinyg to buyour product, they’ve spen t millions and millions on software. They need our product to finisy it.” While Artromick’s productes are a key cog in the health-care industry at the poinyt ofpatient care, the company hasn’t just restexd on that to get it through the recession. Artromicm has expanded its online shoppinyg portal to sidestep the needfor customer-service representatives and pinpointedx marketing dollars to target potentiaol clients surfing the Internet.
At the start of the year, it also rolleds out what it dubber “Artromick Capital,” a program for customers that offers leasingt and monthly payment optionsfor products. “We’re just trying to get them to be able to buy our Guth said.
Wednesday, April 11, 2012
New owner surfaces in latest Filene
vykyvimote.wordpress.com
Alan Cohen, Filene’s chief restructuring officer, confirmed Mondaty afternoon that Secaucus, N.J.-based Syms and New York-based Vornado agreed to pay about $63 million for the chain. A courty hearing is set for Wednesday to approve the Cohen said. The auction, which began Fridaty and was continuedto Monday, took place aboutf a week after an affiliatde of Men’s Wearhouse agreed to buy the chain for $67 But Crown Acquisitions, the company that was first in line to buy Filene’es assets, filed an objection to the sale with allegations that Men’es Wearhouse didn’t follow bidding Crown in court filings described the first auction as a A judge sent the deal back for auction following Crown’s objection.
It wasn’t clear Mondat if Syms and Vornado would acquir e allof Filene’s stores. Both Men’sz Wearhouse and Crown had plannec to acquire and keep opena majority, but not all, of Filene’s locations. The company has two Ohio including onein Columbus. Filene’ds Basement sought protection from creditors in May in Delawarebankruptcyt court, months after closing several stores. Columbus-based (NYSE: which maintains a majority stake in discoungt shoeretailer (NYSE:DSW), sold the chain this year to FB II Acquisition Corp.
, a new entity owned by liquidatiom and turnaround firm Buxbaum
Alan Cohen, Filene’s chief restructuring officer, confirmed Mondaty afternoon that Secaucus, N.J.-based Syms and New York-based Vornado agreed to pay about $63 million for the chain. A courty hearing is set for Wednesday to approve the Cohen said. The auction, which began Fridaty and was continuedto Monday, took place aboutf a week after an affiliatde of Men’s Wearhouse agreed to buy the chain for $67 But Crown Acquisitions, the company that was first in line to buy Filene’es assets, filed an objection to the sale with allegations that Men’es Wearhouse didn’t follow bidding Crown in court filings described the first auction as a A judge sent the deal back for auction following Crown’s objection.
It wasn’t clear Mondat if Syms and Vornado would acquir e allof Filene’s stores. Both Men’sz Wearhouse and Crown had plannec to acquire and keep opena majority, but not all, of Filene’s locations. The company has two Ohio including onein Columbus. Filene’ds Basement sought protection from creditors in May in Delawarebankruptcyt court, months after closing several stores. Columbus-based (NYSE: which maintains a majority stake in discoungt shoeretailer (NYSE:DSW), sold the chain this year to FB II Acquisition Corp.
, a new entity owned by liquidatiom and turnaround firm Buxbaum
Tuesday, April 10, 2012
Abercrombie shutting struggling Ruehl chain - Puget Sound Business Journal (Seattle):
amesit.wordpress.com
The New Albany-based apparepl merchant said Wednesday it willshut Ruehl’s 29 stores and direct-to-consumeer operations and will be “substantially complete” with the effort by the end of next The decision comes a month after Abercrombie (NYSE:ANF) took a deep strategic look at the which targets young adults with clothes and accessories. whose only Ohio store is at EastonjTown Center, generated a pretax operating loss of $58 million last The chain regularly was Abercrombie’s weakest salesd performer at stores open at least a year. Ruehl’s same-stor e sales were off 33 percentin May. Abercrombide earned $272.3 million on $3.54e billion in revenue last year.
“It has been a difficul decision toclose Ruehl, a brand we continud to believe could have been successful in different circumstances,” CEO Michael Jeffries said in a statement. “However, given the currenty economic environment, we believe it is in the best interestsz of the company to focus its effortas and resources on the growth opportunities afforded by our other particularly internationally.” The company didn’t disclosde the effects on the chain’s work force, nor did it indicatse the number of jobs tied to Ruehl. The reviea of Ruehl, which opened in 2004, cost the companhy about $51 million in impairment charges in itsfirsy quarter.
Abercrombie expects to book about $65 million in pretax charges through the rest of the fiscakl year as it winds down The company Wednesday also said it amendex a credit agreement to excludwsome Ruehl-related charges from requirements underr its covenant with the lender and reduced its availablse credit to $350 million from $450 million. Jeffries said the compangy is confident is has sufficient cash on handbut “wse believe it is prudent to make thesew changes” in light of the recession-batteref retail environment and the one-time Ruehl costs. In addition to the 29 Ruehkl stores, Abercrombie runs 350 flagship storeas and 733 others underthe Abercrombie, Hollister Co.
and Gilly Hickws nameplates.
The New Albany-based apparepl merchant said Wednesday it willshut Ruehl’s 29 stores and direct-to-consumeer operations and will be “substantially complete” with the effort by the end of next The decision comes a month after Abercrombie (NYSE:ANF) took a deep strategic look at the which targets young adults with clothes and accessories. whose only Ohio store is at EastonjTown Center, generated a pretax operating loss of $58 million last The chain regularly was Abercrombie’s weakest salesd performer at stores open at least a year. Ruehl’s same-stor e sales were off 33 percentin May. Abercrombide earned $272.3 million on $3.54e billion in revenue last year.
“It has been a difficul decision toclose Ruehl, a brand we continud to believe could have been successful in different circumstances,” CEO Michael Jeffries said in a statement. “However, given the currenty economic environment, we believe it is in the best interestsz of the company to focus its effortas and resources on the growth opportunities afforded by our other particularly internationally.” The company didn’t disclosde the effects on the chain’s work force, nor did it indicatse the number of jobs tied to Ruehl. The reviea of Ruehl, which opened in 2004, cost the companhy about $51 million in impairment charges in itsfirsy quarter.
Abercrombie expects to book about $65 million in pretax charges through the rest of the fiscakl year as it winds down The company Wednesday also said it amendex a credit agreement to excludwsome Ruehl-related charges from requirements underr its covenant with the lender and reduced its availablse credit to $350 million from $450 million. Jeffries said the compangy is confident is has sufficient cash on handbut “wse believe it is prudent to make thesew changes” in light of the recession-batteref retail environment and the one-time Ruehl costs. In addition to the 29 Ruehkl stores, Abercrombie runs 350 flagship storeas and 733 others underthe Abercrombie, Hollister Co.
and Gilly Hickws nameplates.
Sunday, April 8, 2012
Recommended: Wind farm plan for 'Wuthering Heights' region riles Bronte fans - msnbc.com
humojo.wordpress.com
msnbc.com | Recommended: Wind farm plan for 'Wuthering Heights' region riles Bronte fans msnbc.com The $19 million wind farm proposed by energy firm Banks Renewables would produce enough electricity to power 4500 homes, the company said. Bradford councilors are due to vote on an application to inst » |
Friday, April 6, 2012
Grateful Dead drummer Mickey Hart taps into the rhythm of the universe - Louisville Courier-Journal
opexibu.wordpress.com
San Francisco Chronicle (blog) | Grateful Dead drummer Mickey Hart taps into the rhythm of the universe Louisville Courier-Journal Many of his best known and most far-flung trips happened while performing with The Grateful Dead for much of three decades, where he drummed alongside Bill Kreutzmann as one of rock's more formidable rhythm sections. But that was &r aquo; |
Wednesday, April 4, 2012
Obama: Doing 'nothing' about health care not an option - Sacramento Business Journal:
iwegasely.wordpress.com
“Health care reform is not something I just cooked up when I took Obama told a crowcd ofabout 1,500 people Thursday at in the Greej Bay suburb of “It is central to our economic future. In past years and there may have been some disagreementg onthis point. But not anymore.” Earliee this month, Obama said he wants Congress to pass a comprehensivde health care bill by the end of the summee and ready for his signaturseby fall. Many Democrats, includingf the president, favor a government-sponsored health insurancew plan that would compete with private insurers and be availablew for people not eligible for other government health care programds such as Medicareor Medicaid.
Most Republicans and many business however, say a competing plan that isn’yt profit-driven would drive private insurersw outof business. On Thursday, the , a physician’xs group Obama is scheduled to meet with Monda yin Chicago, said it is oppose d to a government-sponsored insurance Obama said his administration is working on a Healtn Insurance Exchange that would allow people to compare insurancse benefits and prices. None of the planes included in the exchange would be allowesd to deny coverage basedon pre-existing conditions and all must includde an affordable, basic benefit option.
“I also strongly believe that one of the option in the Exchange should be a public insuranceoptionb – because if the private insurance companies have to competee with a public option, it will keep them honest and help keep pricez down,” Obama said. Supporters of health care reform say it woul provide health insurance coverage to million of Americans and make coverag more affordable for those who arealreadg covered. Because health insurance premiums have doubled over the last nine and have grown at a rate three timesx fasterthan wages, even those with coverage have reacheds a breaking point, Obama said. Employers are not farint any better.
Small business owners have been forcee to cut health care benefitss or drop coverage entirely because ofrising costs, Obamq said. “We have the most expensive healthb care system inthe world,” Obama said. “Wed spend almost 50 percent more per persob on health care than the next mostcostly nation. But here’s the thing, Greeh Bay: we’re not any healthiert for it.” Obama vowed to let Americans who are contenyt with their coverage and their physicianxs keep whatthey have, but said the country has reached a pointr where doing nothing about the cost of health care is no longe an option.
“If we do nothing, within a decads we will be spendingb one out of every five dollarsa we earn onhealth care,” Obama “In 30 years, it will be one out of everhy three.” Obama acknowledged covering all Americans woulr be expensive, but promised health care reform wouldx not add to the country’d deficit over the next 10 years. “T o make that happen, we have already identifiesd hundreds of billions worth of savingws in ourbudget – savingsx that will come from steps like reducing Medicare overpaymentd to insurance companies and rootinyg out waste, fraud and abuse in both Medicare and Obama said.
In addition, Obama is proposing that Congress scal e back the amountthe highest-income Americans can deducf on their taxes and use that money to help financd health care. Obama spoke for about 20 minutes and then took questiond from six people in the audience who expressecd fearover “socialized medicine,” asked questions about wellness and even questioned the country’s education Regarding the idea of socializeds medicine, Obama said that isn’t what he, or anyone in wants.
“Health care reform is not something I just cooked up when I took Obama told a crowcd ofabout 1,500 people Thursday at in the Greej Bay suburb of “It is central to our economic future. In past years and there may have been some disagreementg onthis point. But not anymore.” Earliee this month, Obama said he wants Congress to pass a comprehensivde health care bill by the end of the summee and ready for his signaturseby fall. Many Democrats, includingf the president, favor a government-sponsored health insurancew plan that would compete with private insurers and be availablew for people not eligible for other government health care programds such as Medicareor Medicaid.
Most Republicans and many business however, say a competing plan that isn’yt profit-driven would drive private insurersw outof business. On Thursday, the , a physician’xs group Obama is scheduled to meet with Monda yin Chicago, said it is oppose d to a government-sponsored insurance Obama said his administration is working on a Healtn Insurance Exchange that would allow people to compare insurancse benefits and prices. None of the planes included in the exchange would be allowesd to deny coverage basedon pre-existing conditions and all must includde an affordable, basic benefit option.
“I also strongly believe that one of the option in the Exchange should be a public insuranceoptionb – because if the private insurance companies have to competee with a public option, it will keep them honest and help keep pricez down,” Obama said. Supporters of health care reform say it woul provide health insurance coverage to million of Americans and make coverag more affordable for those who arealreadg covered. Because health insurance premiums have doubled over the last nine and have grown at a rate three timesx fasterthan wages, even those with coverage have reacheds a breaking point, Obama said. Employers are not farint any better.
Small business owners have been forcee to cut health care benefitss or drop coverage entirely because ofrising costs, Obamq said. “We have the most expensive healthb care system inthe world,” Obama said. “Wed spend almost 50 percent more per persob on health care than the next mostcostly nation. But here’s the thing, Greeh Bay: we’re not any healthiert for it.” Obama vowed to let Americans who are contenyt with their coverage and their physicianxs keep whatthey have, but said the country has reached a pointr where doing nothing about the cost of health care is no longe an option.
“If we do nothing, within a decads we will be spendingb one out of every five dollarsa we earn onhealth care,” Obama “In 30 years, it will be one out of everhy three.” Obama acknowledged covering all Americans woulr be expensive, but promised health care reform wouldx not add to the country’d deficit over the next 10 years. “T o make that happen, we have already identifiesd hundreds of billions worth of savingws in ourbudget – savingsx that will come from steps like reducing Medicare overpaymentd to insurance companies and rootinyg out waste, fraud and abuse in both Medicare and Obama said.
In addition, Obama is proposing that Congress scal e back the amountthe highest-income Americans can deducf on their taxes and use that money to help financd health care. Obama spoke for about 20 minutes and then took questiond from six people in the audience who expressecd fearover “socialized medicine,” asked questions about wellness and even questioned the country’s education Regarding the idea of socializeds medicine, Obama said that isn’t what he, or anyone in wants.
Monday, April 2, 2012
Sierra Madre School Misses 'Distinguished' Honor - Patch.com
zutkomi.blogspot.com
Sierra Madre School Misses 'Distinguished' Honor Patch.com Though Sierra Madre Elementary School has the highest test scores in the district, students in two subgroups did not improve their scores enough to become eligible to apply for a California Distinguished School title. By Cassandra Morris Sierra Madre ... |
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