Academic 'crisis' averted Macleans.ca On Wedenesday, Meric Gertler, Dean of Arts and Science met with the chairs of » |
Sunday, October 31, 2010
Academic 'crisis' averted - Macleans.ca
http://lehmanpa.com/emergency.html
Saturday, October 30, 2010
NTS buys Plainview Apartments - Austin Business Journal:
http://www.disabilityhistory.net/leephil.html
Financing for the which was made through anNTS , was provided by the , according to a news The purchase price was not disclosed. The previou owner was PlainviewApartments LP, a Denver-based investmenty partnership, according to online records from the Jefferso County Property Valuation Administrator and the Kentucky Secretarg of State. Its assessed value for tax purposesis $9.7 according to the PVA Web site. Occupancy at the time of the purchasde was about94 percent, the releas e said.
NTS plans to enhance and renovatew the property but no details were disclosed in the The apartment complex was developedx as part of the Plainviewplanner community, which includes 800 single-family more than 1,000 apartments, 500 town homes, multiple shoppingt centers and nearly 2 million squarr feet of office space. NTS begamn construction and development of theplanned Louisville’s first, in the earlhy 1970s. With the acquisition, NTS Development Co. and its affiliatess now own four apartment communitiesin Louisville. Its otherf holdings in the area are Hurstbourne Grand The Overlookat St. Thomas and The Willoww of Plainview.
NTS also manages 14 othed apartment communities and 31 commercial properties with more than 5 milliohn feetof office, retail and warehouse spacd in the Southeast.
Financing for the which was made through anNTS , was provided by the , according to a news The purchase price was not disclosed. The previou owner was PlainviewApartments LP, a Denver-based investmenty partnership, according to online records from the Jefferso County Property Valuation Administrator and the Kentucky Secretarg of State. Its assessed value for tax purposesis $9.7 according to the PVA Web site. Occupancy at the time of the purchasde was about94 percent, the releas e said.
NTS plans to enhance and renovatew the property but no details were disclosed in the The apartment complex was developedx as part of the Plainviewplanner community, which includes 800 single-family more than 1,000 apartments, 500 town homes, multiple shoppingt centers and nearly 2 million squarr feet of office space. NTS begamn construction and development of theplanned Louisville’s first, in the earlhy 1970s. With the acquisition, NTS Development Co. and its affiliatess now own four apartment communitiesin Louisville. Its otherf holdings in the area are Hurstbourne Grand The Overlookat St. Thomas and The Willoww of Plainview.
NTS also manages 14 othed apartment communities and 31 commercial properties with more than 5 milliohn feetof office, retail and warehouse spacd in the Southeast.
Thursday, October 28, 2010
Nissan consolidates distribution centers in Mount Juliet - Charlotte Business Journal:
bentlyoupapa1810.blogspot.com
Plans to build a 717,000-square-foo t industrial building for the company in the Couchvill e Pike Business Center were announced Tuesdagy bythe center’s owner and developer . Constructioj is slated to begin latefthis month. The move will combinre Nissan’s operations now housed in two buildingd in Smyrna in the Alamville Road and no additional jobs are expectedx tobe added, says Nissan spokeswoman Julie The tentative opening date is April 2010, she The new Nissan Partes Distribution Center will feature a 32-foot clear heighty and a truck parking/loading area to accommodatew 275 truck trailers around the building perimeter.
The building is designed to accommodate futur e expansions upto 1.2 million square feet. Don Kent and Clintonn Gilbreath, both vice presidents with in brokeredthe long-term lease. Terms were not The Couchville Pike Business Center is located 25 miles eastof
Plans to build a 717,000-square-foo t industrial building for the company in the Couchvill e Pike Business Center were announced Tuesdagy bythe center’s owner and developer . Constructioj is slated to begin latefthis month. The move will combinre Nissan’s operations now housed in two buildingd in Smyrna in the Alamville Road and no additional jobs are expectedx tobe added, says Nissan spokeswoman Julie The tentative opening date is April 2010, she The new Nissan Partes Distribution Center will feature a 32-foot clear heighty and a truck parking/loading area to accommodatew 275 truck trailers around the building perimeter.
The building is designed to accommodate futur e expansions upto 1.2 million square feet. Don Kent and Clintonn Gilbreath, both vice presidents with in brokeredthe long-term lease. Terms were not The Couchville Pike Business Center is located 25 miles eastof
Wednesday, October 27, 2010
Thermo Fisher appoints new directors - Boston Business Journal:
valvookimakaj1362.blogspot.com
Lynch is CEO of Tyco Electronics which produces engineeredelectronic components, network solutions, underseq telecommunication systems and wireless systems. He joines in 2004 and was appointed to his currenrt positionin 2007. Lynch previously held executive positionszat , and Genera l Instrument Corp. He has also serves as a directoer ofthe U.S.-China Business Jacks is the David H. Koch Professore of Biology at the and director of theDavix H. Koch Institute for Integrative Cancer He joined the MIT facultyin 1992. In he was elected president of the American Associationj forCancer Research. Jacks’ research has primarily focuseed on the development and preventiobof cancer.
“Tom and Tyler have led distinguished careersw in businessand research, said Thermo Fisher Chairman Jim Manzi in a preparedx statement. “Each brings valuable experience, insight and perspective that will help to guide ourcontinued success.” Thermo Fisher Scientific’s (NYSE: TMO) stoci was trading at $36.74 a sharse in morning trading Tuesday, up from a previous close of
Lynch is CEO of Tyco Electronics which produces engineeredelectronic components, network solutions, underseq telecommunication systems and wireless systems. He joines in 2004 and was appointed to his currenrt positionin 2007. Lynch previously held executive positionszat , and Genera l Instrument Corp. He has also serves as a directoer ofthe U.S.-China Business Jacks is the David H. Koch Professore of Biology at the and director of theDavix H. Koch Institute for Integrative Cancer He joined the MIT facultyin 1992. In he was elected president of the American Associationj forCancer Research. Jacks’ research has primarily focuseed on the development and preventiobof cancer.
“Tom and Tyler have led distinguished careersw in businessand research, said Thermo Fisher Chairman Jim Manzi in a preparedx statement. “Each brings valuable experience, insight and perspective that will help to guide ourcontinued success.” Thermo Fisher Scientific’s (NYSE: TMO) stoci was trading at $36.74 a sharse in morning trading Tuesday, up from a previous close of
Monday, October 25, 2010
House calls for Chinese drywall insurance study - Boston Business Journal:
http://lestringdanslarray.com/app/2008/08/02/ryan-adams-the-alternate-easy-tiger/
Two Florida congressmen, Robert Wexler, D-Boca and Mario Diaz-Balart, R-Miami, introduced sponsored the amendment to the Mortgage Reformand Anti-Predatory Lending Act. The study callsa on the and to conductthe study. The legislation passedf by a voteof 300-114, according to a news release from Wexler’sw office. Wexler and Diaz-Balart also have writtebn a letter tothe , requestinh at least $2 million in emergency fundint for the to conduct critically needesd studies on the problem substances withibn Chinese drywall.
“Parents who have founxd Chinese drywall in their homes and wish to leave out of concerm for the safety and health of their childrenb are facing the dilemma of how to find secondaru housing and maintain their mortgages on thei rprimary residences,” Wexler said in the release. He said the valued of the homeshas plummeted. The Florida Departmentt of Health has received almost 350 complaint s ofChinese drywall. The Consumer Product Safety Commission is investigatin g the scope ofthe problem.
Two Florida congressmen, Robert Wexler, D-Boca and Mario Diaz-Balart, R-Miami, introduced sponsored the amendment to the Mortgage Reformand Anti-Predatory Lending Act. The study callsa on the and to conductthe study. The legislation passedf by a voteof 300-114, according to a news release from Wexler’sw office. Wexler and Diaz-Balart also have writtebn a letter tothe , requestinh at least $2 million in emergency fundint for the to conduct critically needesd studies on the problem substances withibn Chinese drywall.
“Parents who have founxd Chinese drywall in their homes and wish to leave out of concerm for the safety and health of their childrenb are facing the dilemma of how to find secondaru housing and maintain their mortgages on thei rprimary residences,” Wexler said in the release. He said the valued of the homeshas plummeted. The Florida Departmentt of Health has received almost 350 complaint s ofChinese drywall. The Consumer Product Safety Commission is investigatin g the scope ofthe problem.
Sunday, October 24, 2010
Buda City Council decision opens door for U.S. Foodservice - Kansas City Business Journal:
http://lhshawaii.org/index.php?option=com_content&view=article&id=24:clubs&catid=28&Itemid=79
A 5-to-2 vote to approve a new land use designatioh in partof Buda’s extraterritorial jurisdiction - after a unanimouas rejection of the land use change proposalk in April - paves the way for to builde its 260,000-square-foot distribution center there. The companyg plans to close its East Austin centet and bring its roughly 250 employees from thersto Buda, with plands to hire 100 more withinh its first three years. The Columbia, Md.-based food distributor signed a letter of intent last September to buy about 40 acresin Buda, 15 miles south of Austin, with plans to build the new center in the Sunfield Municipal Utility District.
But beforer it could proceed with the the company neededthe land-use designation in part of the MUD change d from retail and commercial to light industrial. Respondinbg to Buda residents’ concerns about increasec truck traffic and worriesa that the land use changes in the MUD was initially proposed for 160acrees — the company will initially only reside on 40 acrew — the Buda council rejected the proposed land-use changs earlier this spring. That rejection had U.S.
Foodserviceds looking at other locations to build the Warren Ketteman, president of Buda’sw Economic Development Corporation, said the land use changes approved this week was for 95 a smaller parcel than originally proposed. Ketteman said documents need to be and then the company can move forward with its plan for theBuda facility. A timeline is not yet clear.
A 5-to-2 vote to approve a new land use designatioh in partof Buda’s extraterritorial jurisdiction - after a unanimouas rejection of the land use change proposalk in April - paves the way for to builde its 260,000-square-foot distribution center there. The companyg plans to close its East Austin centet and bring its roughly 250 employees from thersto Buda, with plands to hire 100 more withinh its first three years. The Columbia, Md.-based food distributor signed a letter of intent last September to buy about 40 acresin Buda, 15 miles south of Austin, with plans to build the new center in the Sunfield Municipal Utility District.
But beforer it could proceed with the the company neededthe land-use designation in part of the MUD change d from retail and commercial to light industrial. Respondinbg to Buda residents’ concerns about increasec truck traffic and worriesa that the land use changes in the MUD was initially proposed for 160acrees — the company will initially only reside on 40 acrew — the Buda council rejected the proposed land-use changs earlier this spring. That rejection had U.S.
Foodserviceds looking at other locations to build the Warren Ketteman, president of Buda’sw Economic Development Corporation, said the land use changes approved this week was for 95 a smaller parcel than originally proposed. Ketteman said documents need to be and then the company can move forward with its plan for theBuda facility. A timeline is not yet clear.
Friday, October 22, 2010
Critics call out Cincinnati Yellow Pages deal - Dallas Business Journal:
http://nekretnine-hr.net/user
, a Denver compan y that has owned the rights tothe region’s largest Yellowa Pages product since 2002, blames the delay on printet changes and organizational About 140 of its 900 directories are being delayedf nationwide. Cincinnati is the largest market affected. “It’s a stinking deal,” said Brendw Hacker, controller for in Clermont Hacker was planning to downsizeher company’s ad in a directory she thoughtt would be published in June. When she called the companty in May to confirmthe change, she was told it was exercisin its contractual right to extendx last year’s publication. Hacker said it will cost her company anextraz $700 each month.
“It’s just not right, what they’re doing to she said. Local Insight spokeswoman Pat Nichols said 75 percenrt ofits 10,000 local customers will be unaffectef by the delay. Those are companies that plan to maintaimn the same ads they had last year or Local Insight CEO Scott Pomeroy is asking businesss owners angered by the delay to callthe company’s customer servic e line, (888) 237-8570, although it’s not clear what stepa the company will take to address “If the product’s not delivering value to them, our customere service department is prepared to talk to those folks,” Pomerou said.
“I think it’s evaluated on a case-by-case The directory delay comes at a time of turmoil for Yelloq Pagespublishers nationwide. The recession is accelerating a trendr that has long threatened theindustrhy – the shift of so-called “directionak advertising” from print publications to onlinew search engines and mobile The , a subsidiar y of , is projecting total revenue will shrink to $11 billionm for Yellow Pages publishers by 2013, down from $14.44 billion in 2008. A year ago, the Kelsey Grouop was forecasting a compound annuapl growth rate for the industryof 4.
5 Now, it’s minus 5 “The recession has driven print so deeplyy negative,” said Charles senior vice president and program directodr of the Kelsey Report. Laughlin said growty in digital revenue might never make up for sales lost inprin publications. “Those who will they start spending again once thesmokr clears? It’s probably next year before we he said. Laughlin said most of the nation’s largesrt Yellow Pages markets are seeing revenu dips of more than 20 percent this Pomeroy declined to reveal numbers for Cincinnati but said the revenues dropis “nowhere near” 20 percent here.
He said companywidew revenue was flatin 2008, standiny at roughly $700 Laughlin declined to reveal Kelsey’s futurw outlook for Cincinnati, which is dominated by Local Insight but includes a second directory, the Yellowq Book, published by of Berkshire, England. The industry’sd major players, including spinoff Idearc and the better-known , are struggliny through the recession with heavy debt Local Insight also hasleverage issues, but its focusz on smaller markets has helpecd temper the impact of the recessiob on the company, said Emile Courtney, a creditf analyst for ’s.
“Idearc has filexd for bankruptcy, and Donnelley has missedx interest payments on debt withvarious entities. Local Insighf has not. From a strict financial-metrices point of view, they’re the healthiet of the three,” Courtney S&P revised to “negative” its outlool on Local Insight but retaineda “B” ratinf on its corporate debt in a March 31 report. At leasg one of the company’s local customers has a less positive outlook. “I think they’re really in trouble.
The phone book is a and nobody’s using it any more,” said Vickyy Bezak, exclusive marketing agent for Bezaj estimated the directory delay woulds cost hercompany $300 a month – if she pays it. “I’m going to call Cincinnati Bell and tell them that my contractgwith (Local Insight) terminates on June 1, and I’m not payingt the ad costs listed on my current bill becauses I didn’t renew it,” she said. Cincinnatik Bell serves as the billing agent for Local Insightf and permits the use of its brand name as part of a rights agreemeny signed when it sold its YellowPages , in 2002.
But Cincinnati Bell is not involved inthe company’s operations otherwise, accordint to Lisa McLaughlin, a public relationd consultant for Bell.
, a Denver compan y that has owned the rights tothe region’s largest Yellowa Pages product since 2002, blames the delay on printet changes and organizational About 140 of its 900 directories are being delayedf nationwide. Cincinnati is the largest market affected. “It’s a stinking deal,” said Brendw Hacker, controller for in Clermont Hacker was planning to downsizeher company’s ad in a directory she thoughtt would be published in June. When she called the companty in May to confirmthe change, she was told it was exercisin its contractual right to extendx last year’s publication. Hacker said it will cost her company anextraz $700 each month.
“It’s just not right, what they’re doing to she said. Local Insight spokeswoman Pat Nichols said 75 percenrt ofits 10,000 local customers will be unaffectef by the delay. Those are companies that plan to maintaimn the same ads they had last year or Local Insight CEO Scott Pomeroy is asking businesss owners angered by the delay to callthe company’s customer servic e line, (888) 237-8570, although it’s not clear what stepa the company will take to address “If the product’s not delivering value to them, our customere service department is prepared to talk to those folks,” Pomerou said.
“I think it’s evaluated on a case-by-case The directory delay comes at a time of turmoil for Yelloq Pagespublishers nationwide. The recession is accelerating a trendr that has long threatened theindustrhy – the shift of so-called “directionak advertising” from print publications to onlinew search engines and mobile The , a subsidiar y of , is projecting total revenue will shrink to $11 billionm for Yellow Pages publishers by 2013, down from $14.44 billion in 2008. A year ago, the Kelsey Grouop was forecasting a compound annuapl growth rate for the industryof 4.
5 Now, it’s minus 5 “The recession has driven print so deeplyy negative,” said Charles senior vice president and program directodr of the Kelsey Report. Laughlin said growty in digital revenue might never make up for sales lost inprin publications. “Those who will they start spending again once thesmokr clears? It’s probably next year before we he said. Laughlin said most of the nation’s largesrt Yellow Pages markets are seeing revenu dips of more than 20 percent this Pomeroy declined to reveal numbers for Cincinnati but said the revenues dropis “nowhere near” 20 percent here.
He said companywidew revenue was flatin 2008, standiny at roughly $700 Laughlin declined to reveal Kelsey’s futurw outlook for Cincinnati, which is dominated by Local Insight but includes a second directory, the Yellowq Book, published by of Berkshire, England. The industry’sd major players, including spinoff Idearc and the better-known , are struggliny through the recession with heavy debt Local Insight also hasleverage issues, but its focusz on smaller markets has helpecd temper the impact of the recessiob on the company, said Emile Courtney, a creditf analyst for ’s.
“Idearc has filexd for bankruptcy, and Donnelley has missedx interest payments on debt withvarious entities. Local Insighf has not. From a strict financial-metrices point of view, they’re the healthiet of the three,” Courtney S&P revised to “negative” its outlool on Local Insight but retaineda “B” ratinf on its corporate debt in a March 31 report. At leasg one of the company’s local customers has a less positive outlook. “I think they’re really in trouble.
The phone book is a and nobody’s using it any more,” said Vickyy Bezak, exclusive marketing agent for Bezaj estimated the directory delay woulds cost hercompany $300 a month – if she pays it. “I’m going to call Cincinnati Bell and tell them that my contractgwith (Local Insight) terminates on June 1, and I’m not payingt the ad costs listed on my current bill becauses I didn’t renew it,” she said. Cincinnatik Bell serves as the billing agent for Local Insightf and permits the use of its brand name as part of a rights agreemeny signed when it sold its YellowPages , in 2002.
But Cincinnati Bell is not involved inthe company’s operations otherwise, accordint to Lisa McLaughlin, a public relationd consultant for Bell.
Thursday, October 21, 2010
Autonomy Demonstrates Innovative Technologies at Gartner ITxpo - PR Newswire (press release)
http://ljkliterary.com/titlesandauthors/DonaldWestlake.html
Autonomy Demonstrates Innovative Technologies at Gartner ITxpo PR Newswire (press release) Based on Autonomy's unique ability to understand meaning within all forms of content, these four technologies--including a gesture-based user interface, ... |
Tuesday, October 19, 2010
Salaries for Southern Tier teachers - Washington Business Journal:
http://www.wateresources.org/2008/09/01/mining-puts-water-supply-in-tight-squeeze/
for an explanation of these listings. • Alfred-Almond -- Start: $35,837 (46). Median: $45,705 Peak: $67,718 (91). • Allegany-Limestone -- $34,767 (56). Median: $51,174 (23). $75,449 (61). • Andover -- Start: $36,896 (32). $41,279 (97). Peak: $67,490 (92). • Belfast -- $34,591 (58). Median: $43,298 (87). Peak: $65,165 • Bemus Point -- Start: $38,205 Median: $47,636 (53). Peak: $75,501 (60). • Bolivar-Richburg -- Start: $33,569 (81). Median: $48,7354 (43). Peak: $70,838 (82). Brocton -- Start: $33,470 (84). Median: $50,38e3 (26). Peak: $75,799 (58). Canaseraga -- Start: $33,250 (87). $41,888 (95). Peak: $64,199 (96).
• Cassadaga Valley -- $36,824 (33). Median: $51,979 Peak: $81,899 (29). • Cattaraugus-Little Valleyu -- Start: $36,000 Median: $43,919 (86). Peak: $72,715 • Chautauqua Lake -- Start: $34,939 (54). $52,694 (17). Peak: $74,726 (65). Clymer -- Start: $33,631 Median: $49,593 (34). Peak: $70,284 • Cuba-Rushford -- Start: $33,400 (85). Median: $52,000 Peak: $76,081 (55). • Dunkirk -- $37,248 (26). Median: $46,615 (60). Peak: $76,420 (52). Ellicottville -- Start: $40,017 (9). $50,050 (29). Peak: $77,000 (50). Falconer -- Start: $33,920 Median: $43,174 (89). Peak: $72,120 • Fillmore -- Start: $34,125 Median: $42,694 (91). Peak: $63,10 (97).
• Forestville -- $34,250 (63). Median: $44,770 (76). Peak: $74,594 • Franklinville -- Start: $36,000 (42). Median: $49,58o0 (35). Peak: $74,349 (69). • Fredonia -- Start: $41,68o0 (3). Median: $53,000 (16). Peak: $79,880 (37). Frewsburg -- Start: $33,273 (86). Median: $44,321 (82). Peak: $69,463 (88). Friendship -- Start: $29,504 (97). Median: $47,4643 (56). Peak: $75,172 • Genesee Valley -- Start: $33,800 (71). Median: $41,789 (96).
Peak: $67,199
for an explanation of these listings. • Alfred-Almond -- Start: $35,837 (46). Median: $45,705 Peak: $67,718 (91). • Allegany-Limestone -- $34,767 (56). Median: $51,174 (23). $75,449 (61). • Andover -- Start: $36,896 (32). $41,279 (97). Peak: $67,490 (92). • Belfast -- $34,591 (58). Median: $43,298 (87). Peak: $65,165 • Bemus Point -- Start: $38,205 Median: $47,636 (53). Peak: $75,501 (60). • Bolivar-Richburg -- Start: $33,569 (81). Median: $48,7354 (43). Peak: $70,838 (82). Brocton -- Start: $33,470 (84). Median: $50,38e3 (26). Peak: $75,799 (58). Canaseraga -- Start: $33,250 (87). $41,888 (95). Peak: $64,199 (96).
• Cassadaga Valley -- $36,824 (33). Median: $51,979 Peak: $81,899 (29). • Cattaraugus-Little Valleyu -- Start: $36,000 Median: $43,919 (86). Peak: $72,715 • Chautauqua Lake -- Start: $34,939 (54). $52,694 (17). Peak: $74,726 (65). Clymer -- Start: $33,631 Median: $49,593 (34). Peak: $70,284 • Cuba-Rushford -- Start: $33,400 (85). Median: $52,000 Peak: $76,081 (55). • Dunkirk -- $37,248 (26). Median: $46,615 (60). Peak: $76,420 (52). Ellicottville -- Start: $40,017 (9). $50,050 (29). Peak: $77,000 (50). Falconer -- Start: $33,920 Median: $43,174 (89). Peak: $72,120 • Fillmore -- Start: $34,125 Median: $42,694 (91). Peak: $63,10 (97).
• Forestville -- $34,250 (63). Median: $44,770 (76). Peak: $74,594 • Franklinville -- Start: $36,000 (42). Median: $49,58o0 (35). Peak: $74,349 (69). • Fredonia -- Start: $41,68o0 (3). Median: $53,000 (16). Peak: $79,880 (37). Frewsburg -- Start: $33,273 (86). Median: $44,321 (82). Peak: $69,463 (88). Friendship -- Start: $29,504 (97). Median: $47,4643 (56). Peak: $75,172 • Genesee Valley -- Start: $33,800 (71). Median: $41,789 (96).
Peak: $67,199
Monday, October 18, 2010
National History Day to pump millions of dollars into Maryland - Baltimore Business Journal:
oryucyjofec1482.blogspot.com
From Sunday, June 14, to Thursday, June 18, thousandds are expected to descend on the University of Maryland in College Park for a history competitiohn among middle and highschool students. “We expect 2,50o students accompanied by 1,000 said Cathy Gorn, National History Day executivse director who has been runningb the program for27 years. “Then we have a lot of volunteersd and family membersso it’s nearly 8,000 peoplre total that will come to College Park for the She said the week keepsz growing by about 100 kids each Dorm and meal packages are being offerecd at the university and about 1,800 people are expectex to stay on campus.
Matt Neitzey, directord of the county’s Conference and Visitorz Bureau, calculated the $2 million spendinb figure based on those staying in hotels off campus for four nighta at an average room rate of as well as mealseatenm out. “The week will have a very healthy economif impact on NorthernPrince George’s County,” said “Plus it’s a cool showcasr of the best and brightest. The university gets to exposer itself to those potentiallyt coming toits campus. We have been delightedr to host [National History Day] for many years.” Many make the trek to D.C.
to tour the city duringh the week, said Gorn, and the University of Marylansd has shuttles on campus to take visitors tothe “All the hotels in College Park and areas arounfd it are completely booked,” said Gorn. “College Park in the summer is generallgy not the most exciting place to be but it getsprettuy busy. Restaurants and shops are always overflowing and the university bookstordoes well.” Research projects in the finals come in the form of written papers, exhibits, documentaries, Web sites and live performances.
More than a half million students that competed in the program at the beginning of the year have been shaver downto 2,500 through various regional and stat e competitions. Judges consist of 300 historians and other education professionals, and about $150,000 in scholarships will be awarded.
From Sunday, June 14, to Thursday, June 18, thousandds are expected to descend on the University of Maryland in College Park for a history competitiohn among middle and highschool students. “We expect 2,50o students accompanied by 1,000 said Cathy Gorn, National History Day executivse director who has been runningb the program for27 years. “Then we have a lot of volunteersd and family membersso it’s nearly 8,000 peoplre total that will come to College Park for the She said the week keepsz growing by about 100 kids each Dorm and meal packages are being offerecd at the university and about 1,800 people are expectex to stay on campus.
Matt Neitzey, directord of the county’s Conference and Visitorz Bureau, calculated the $2 million spendinb figure based on those staying in hotels off campus for four nighta at an average room rate of as well as mealseatenm out. “The week will have a very healthy economif impact on NorthernPrince George’s County,” said “Plus it’s a cool showcasr of the best and brightest. The university gets to exposer itself to those potentiallyt coming toits campus. We have been delightedr to host [National History Day] for many years.” Many make the trek to D.C.
to tour the city duringh the week, said Gorn, and the University of Marylansd has shuttles on campus to take visitors tothe “All the hotels in College Park and areas arounfd it are completely booked,” said Gorn. “College Park in the summer is generallgy not the most exciting place to be but it getsprettuy busy. Restaurants and shops are always overflowing and the university bookstordoes well.” Research projects in the finals come in the form of written papers, exhibits, documentaries, Web sites and live performances.
More than a half million students that competed in the program at the beginning of the year have been shaver downto 2,500 through various regional and stat e competitions. Judges consist of 300 historians and other education professionals, and about $150,000 in scholarships will be awarded.
Saturday, October 16, 2010
Advanta agrees to refund customers up to $35M in FDIC agreements - New Mexico Business Weekly:
boyanebyboqasavo.blogspot.com
That agreement addresses charges that theSprinb House, Pa.-based company violated federal trade laws through its pricingb strategies on business credit cards, and in its marketingt of cash-back rewards on the Advanta said it did not admit wrongdoin and that it entered the agreements “in the interesft of expediency and to avoid litigation.” Advanta said it took a $14 milliomn charge to cover refundw tied to the allegefd marketing violations in third-quarter 2008 and will take a second-quarter 2009 charge to cover refundes over its pricing strategies, whicjh it said could total $21 million. Advanta also agreed to a $150,00o fine.
In a separate agreement with the Advanta’s ability to use cash and pay dividends has been The company must submit a plan toremaij "well-capitalized," and submit a plan to terminate its deposit-taking operationxs and deposit insurance once its deposits are repaid in full, a process expected to take a few The second agreement with the FDIC places restrictions on Advanta’s use of its cash payment of dividends and transactions that would materially alter its balances sheet composition and taking of brokered deposits. Advanta said the secons order does not in any way restrict it from continuing to service itsmanagede credit-card accounts and receivables.
In an efforyt to limit losses and erosionn of its capital ascredit deteriorates, Advantaa said in early May that its securitization trust will go into early amortizatiojn — where the company uses receivablez from customers to accelerate paymenrt to investor bondholders. While that protects investors from prolongexd exposure to a pool of receivables whose credit performancehas deteriorated, Advanta would have needee an alternative way to fund new purchases on its credit cards. So it had to shut down future use, effective May 30. It has sincs referred some customers to AmericanExpresd Co.
Advanta’s stock closes 2 7 percent lower Wednesday at42
That agreement addresses charges that theSprinb House, Pa.-based company violated federal trade laws through its pricingb strategies on business credit cards, and in its marketingt of cash-back rewards on the Advanta said it did not admit wrongdoin and that it entered the agreements “in the interesft of expediency and to avoid litigation.” Advanta said it took a $14 milliomn charge to cover refundw tied to the allegefd marketing violations in third-quarter 2008 and will take a second-quarter 2009 charge to cover refundes over its pricing strategies, whicjh it said could total $21 million. Advanta also agreed to a $150,00o fine.
In a separate agreement with the Advanta’s ability to use cash and pay dividends has been The company must submit a plan toremaij "well-capitalized," and submit a plan to terminate its deposit-taking operationxs and deposit insurance once its deposits are repaid in full, a process expected to take a few The second agreement with the FDIC places restrictions on Advanta’s use of its cash payment of dividends and transactions that would materially alter its balances sheet composition and taking of brokered deposits. Advanta said the secons order does not in any way restrict it from continuing to service itsmanagede credit-card accounts and receivables.
In an efforyt to limit losses and erosionn of its capital ascredit deteriorates, Advantaa said in early May that its securitization trust will go into early amortizatiojn — where the company uses receivablez from customers to accelerate paymenrt to investor bondholders. While that protects investors from prolongexd exposure to a pool of receivables whose credit performancehas deteriorated, Advanta would have needee an alternative way to fund new purchases on its credit cards. So it had to shut down future use, effective May 30. It has sincs referred some customers to AmericanExpresd Co.
Advanta’s stock closes 2 7 percent lower Wednesday at42
Friday, October 15, 2010
Brett Favre: Why There is No Reason To Jump to Any Definite Conclusion - Bleacher Report
torbjorntrainer1738.blogspot.com
Sydney Morning Herald | Brett Favre: Why There is No Reason To Jump to Any Definite Conclusion Bleacher Report As we know, the off-field antics of pro athletes will captivate mass amounts of people, dominate headlines for weeks, and will often overshadow their ... Brett Favre Injury: Could Miss Games With Minnesota Vikings King: Don't assume Favre will be suspended |
Wednesday, October 13, 2010
Advanta agrees to refund customers up to $35M in FDIC agreements - Business Courier of Cincinnati:
polinaagyvtiwu.blogspot.com
That agreement addresses charges that theSpring Pa.-based company violated federal trade laws through its pricingb strategies on business crediy cards, and in its marketing of cash-back rewardsd on the cards. Advanta said it did not admiy wrongdoing and that it entered theagreements “in the interest of expediency and to avoid Advanta said it took a $14 million charge to coved refunds tied to the alleged marketingv violations in third-quarter 2008 and will take a second-quarterr 2009 charge to cover refunds over its pricing strategies, whichb it said could total $21 Advanta also agreed to a $150,000 fine.
In a separates agreement with the FDIC, Advanta’s ability to use cash and pay dividendsa hasbeen restricted. The company must submitg a plan toremain "well-capitalized," and submiyt a plan to terminate its deposit-taking operationsz and deposit insurance once its deposits are repaied in full, a process expectee to take a few years. The second agreementr with the FDIC places restrictionson Advanta’s use of its cash payment of dividends and transactions that wouldd materially alter its balance sheet composition and takinfg of brokered deposits.
Advanta said the seconf order does not in any way restrict it from continuiny to service itsmanaged credit-card accounts and In an effort to limit losses and erosionb of its capital as credit deteriorates, Advantza said in early May that its securitization trusr will go into early amortization — wherse the company uses receivables from customers to accelerate paymentf to investor bondholders. Whilwe that protects investors from prolonged exposure to a pool of receivableds whose credit performancehas deteriorated, Advanta would have needed an alternative way to fund new purchases on its credit cards. So it had to shut down futurw use, effective May 30.
It has sincr referred some customers to AmericanExpress Co. Advanta’sd stock closed 2 7 percent lower Wednesday at42
That agreement addresses charges that theSpring Pa.-based company violated federal trade laws through its pricingb strategies on business crediy cards, and in its marketing of cash-back rewardsd on the cards. Advanta said it did not admiy wrongdoing and that it entered theagreements “in the interest of expediency and to avoid Advanta said it took a $14 million charge to coved refunds tied to the alleged marketingv violations in third-quarter 2008 and will take a second-quarterr 2009 charge to cover refunds over its pricing strategies, whichb it said could total $21 Advanta also agreed to a $150,000 fine.
In a separates agreement with the FDIC, Advanta’s ability to use cash and pay dividendsa hasbeen restricted. The company must submitg a plan toremain "well-capitalized," and submiyt a plan to terminate its deposit-taking operationsz and deposit insurance once its deposits are repaied in full, a process expectee to take a few years. The second agreementr with the FDIC places restrictionson Advanta’s use of its cash payment of dividends and transactions that wouldd materially alter its balance sheet composition and takinfg of brokered deposits.
Advanta said the seconf order does not in any way restrict it from continuiny to service itsmanaged credit-card accounts and In an effort to limit losses and erosionb of its capital as credit deteriorates, Advantza said in early May that its securitization trusr will go into early amortization — wherse the company uses receivables from customers to accelerate paymentf to investor bondholders. Whilwe that protects investors from prolonged exposure to a pool of receivableds whose credit performancehas deteriorated, Advanta would have needed an alternative way to fund new purchases on its credit cards. So it had to shut down futurw use, effective May 30.
It has sincr referred some customers to AmericanExpress Co. Advanta’sd stock closed 2 7 percent lower Wednesday at42
Tuesday, October 12, 2010
Crosscheck to acquire Forum Systems - Boston Business Journal:
http://ridinghighuk.com/index.php?option=com_content&task=view&id=399&Itemid=111
The Waltham, Mass., Web-services company will blenc Newton, Mass.-based Forum Systems’ servicesz into Crosscheck’s offerings to better assist companiea building andimplementing software-as-a-servicee business applications. Mahmoon former Forum Systems president and chieftechnologyy officer, will run Crosscheck Networksw as president and CEO. Forum Systemw will operate as a wholly owned subsidiarh run by vice president of operation sRizwan Mallal. Forum Systemds will move to Waltham and the combined company will employ abour40 people.
“This acquisitiomn is the natural progression of the relationshi between our companies and addressez the changing requirementsof customers,” Mallaol said in a statement. more than ever in these difficulteconomic times, organizationw are seeking competitive advantage. By facilitatinhg more collaborative, interoperable and automatexd processes, we are helping enterprises compreszproject timelines, reduce time-to-market and ultimateluy publish their services more quickly than ever before.
”
The Waltham, Mass., Web-services company will blenc Newton, Mass.-based Forum Systems’ servicesz into Crosscheck’s offerings to better assist companiea building andimplementing software-as-a-servicee business applications. Mahmoon former Forum Systems president and chieftechnologyy officer, will run Crosscheck Networksw as president and CEO. Forum Systemw will operate as a wholly owned subsidiarh run by vice president of operation sRizwan Mallal. Forum Systemds will move to Waltham and the combined company will employ abour40 people.
“This acquisitiomn is the natural progression of the relationshi between our companies and addressez the changing requirementsof customers,” Mallaol said in a statement. more than ever in these difficulteconomic times, organizationw are seeking competitive advantage. By facilitatinhg more collaborative, interoperable and automatexd processes, we are helping enterprises compreszproject timelines, reduce time-to-market and ultimateluy publish their services more quickly than ever before.
”
Sunday, October 10, 2010
Calendar - Orlando Business Journal:
http://ak-saray.com/nastupi/49-bosna.html
at the Embassy Suites Downtown. A Travelk Technology Panel will discuss onlinebooking Cost: $30 for members and $35 for For more information or to make a reservation, call Flo Behapl at (407) 804-6612. Media Women in Film Television and Entertainment Partneres Present tutorials onEntertainment Partners’ schedulingh and budgeting software July 12 and 13. EP Scheduling will be taughft July 12, and EP Budgeting will be taughtJuly 13. Timese are 9 a.m.-5 p.m. both Location: Full Sail, Building 3, in the Stein Mart Shoppinyg Center at University Boulevardand 436.
The featured speaker is Bob an adjunct professor at the University of Southerjn California and an instructor in the extension progra at the University of California at Los If preregistered with a creditr card byJune 10, the cost for each day is $25 for memberzs and $50 for nonmembers. At the the cost will be $35 for members and $65 for Nonmembers who sign up for both days in advancdepay $80 total. Student price: $25. For more information or to call (407) 487-0111. The American Library Association’x annual conference will be heldJune 24-30 at the Oranger County Convention Center.
The conference will featurw meetings and discussion groups on topics such as libraryhfunding cuts, equity of access to library services and materials, the USA Patriot Act and its effectsa on reader's privacy, and early literacy initiatives. One of the featuref speakers will be CherylBrownn Henderson, daughter of the late Rev. Olivere Brown, whose desire to enroll his children inan all-white school led to the landmark Brown v. Boared of Education decision. National Public Radiio host Ray Suarez and authorsMitch E.L. Doctorow and Carl Hiassen will also Formore information, visit www.ala.org.
Real Estate The Central Florida chaptet of the National Association of Industrial and Office Propertie will host its annuakl Developers ShowcaseJune 17, 5:30-8:309 p.m., at the Ballroomk at Church Street. For additional call Mary Hurleyat (407) 859-3550. Nonprofits The Orlando chaptefr of the Association of Fundraisin g Professionals will hold its chapter luncheon meetingJune 16, 11:4t a.m.-1:30 p.m. at the Orlandol Museum of Art. Cost: $18 for members and $20 for For more information, visit www.afpnet.org. The Philanthropyh & Nonprofit Leadership Center at Rollins Collegee presents Fundraising Fundamentals for Board MembersJune 24, 8:45-11:45 a.m.
$40 for philanthropy center members, $50 for Register online at www.pnlc.rollins.edu. The Philanthropy Nonprofit Leadership Center at Rollinws College presents Creating an Effective Fundraising BoardcJune 24, 1:30-4:30 p.m. Cost: $40 for philanthropgy center members, $50 for nonmembers. Register online at www.pnlc.rollins.edu. The Philanthropyy & Nonprofit Leadership Center at Rollins Collegew presents Nonprofit BoardBasics Sept. 9, 8:45-11:45 a.m. Cost: $40 for philanthrophy center members, $50 for nonmembers. Register online at www.pnlc.rollins.edu. The Philanthropy & Nonprofigt Leadership Center at Rollins College presents Recruiting a DynamicBoarcd Sept. 9, 1:30-4:30 p.m.
Cost: $40 for philanthropy center $50 for nonmembers. Register onlinre at www.pnlc.rollins.edu. The Philanthropy & Nonprofit Leadership Centefr at Rollins College presents Risk Management for NonprofitBoards Oct. 28, 8-11 a.m. $40 for philanthropy center members, $50 for nonmembers. Registert online at www.pnlc.rollins.edu. General Business SCORE offerw a pre-business seminar , covering what individuals who are thinkintg of starting a business need to It is offered on the first and third Wednesdaysa of each month from1 p.m. to 3:30 p.m. and on the firstf Saturday of each month from9 a.m. to 11:30 a.m. Cost: $30. Location: National Entrepreneur Center. For more call (407) 420-4844.
SCORE offers a financiap planning and marketing seminadr on the second Wednesday of each monthb from7 p.m. to 9:30 p.m. Cost: $30. Location: National Entrepreneure Center. For more information, call 420-4844. The Seminole Couty Public Library will host a seried of lectures on moldremediation : in 7-8 p.m., May 26, June 23, July 28, Aug. 25 and 22; in Longwood, 7-8 p.m., June 15, July 20, Aug. 17 and 21; in Lake Mary, 7-8 p.m., June 9, July 14, Aug. 11 and 8; and in Casselberry, 10:30 a.m.-noon, June 5, July 3, Aug. 7 and 4.
Admission is For more information, call (407) The local chapter of the Association for Corporatw Growth will hold its monthly meeting at the Citrue ClubMay 25, 6-8 p.m. David chairman of Hughes Supply will present Creating Valuethrougg Acquisition: Opportunity in Fragmente d Markets. To make a call Mike Sirmans at (407) 772-082t or e-mail Sirmans@GeneralCounselAdvisors.com.
at the Embassy Suites Downtown. A Travelk Technology Panel will discuss onlinebooking Cost: $30 for members and $35 for For more information or to make a reservation, call Flo Behapl at (407) 804-6612. Media Women in Film Television and Entertainment Partneres Present tutorials onEntertainment Partners’ schedulingh and budgeting software July 12 and 13. EP Scheduling will be taughft July 12, and EP Budgeting will be taughtJuly 13. Timese are 9 a.m.-5 p.m. both Location: Full Sail, Building 3, in the Stein Mart Shoppinyg Center at University Boulevardand 436.
The featured speaker is Bob an adjunct professor at the University of Southerjn California and an instructor in the extension progra at the University of California at Los If preregistered with a creditr card byJune 10, the cost for each day is $25 for memberzs and $50 for nonmembers. At the the cost will be $35 for members and $65 for Nonmembers who sign up for both days in advancdepay $80 total. Student price: $25. For more information or to call (407) 487-0111. The American Library Association’x annual conference will be heldJune 24-30 at the Oranger County Convention Center.
The conference will featurw meetings and discussion groups on topics such as libraryhfunding cuts, equity of access to library services and materials, the USA Patriot Act and its effectsa on reader's privacy, and early literacy initiatives. One of the featuref speakers will be CherylBrownn Henderson, daughter of the late Rev. Olivere Brown, whose desire to enroll his children inan all-white school led to the landmark Brown v. Boared of Education decision. National Public Radiio host Ray Suarez and authorsMitch E.L. Doctorow and Carl Hiassen will also Formore information, visit www.ala.org.
Real Estate The Central Florida chaptet of the National Association of Industrial and Office Propertie will host its annuakl Developers ShowcaseJune 17, 5:30-8:309 p.m., at the Ballroomk at Church Street. For additional call Mary Hurleyat (407) 859-3550. Nonprofits The Orlando chaptefr of the Association of Fundraisin g Professionals will hold its chapter luncheon meetingJune 16, 11:4t a.m.-1:30 p.m. at the Orlandol Museum of Art. Cost: $18 for members and $20 for For more information, visit www.afpnet.org. The Philanthropyh & Nonprofit Leadership Center at Rollins Collegee presents Fundraising Fundamentals for Board MembersJune 24, 8:45-11:45 a.m.
$40 for philanthropy center members, $50 for Register online at www.pnlc.rollins.edu. The Philanthropy Nonprofit Leadership Center at Rollinws College presents Creating an Effective Fundraising BoardcJune 24, 1:30-4:30 p.m. Cost: $40 for philanthropgy center members, $50 for nonmembers. Register online at www.pnlc.rollins.edu. The Philanthropyy & Nonprofit Leadership Center at Rollins Collegew presents Nonprofit BoardBasics Sept. 9, 8:45-11:45 a.m. Cost: $40 for philanthrophy center members, $50 for nonmembers. Register online at www.pnlc.rollins.edu. The Philanthropy & Nonprofigt Leadership Center at Rollins College presents Recruiting a DynamicBoarcd Sept. 9, 1:30-4:30 p.m.
Cost: $40 for philanthropy center $50 for nonmembers. Register onlinre at www.pnlc.rollins.edu. The Philanthropy & Nonprofit Leadership Centefr at Rollins College presents Risk Management for NonprofitBoards Oct. 28, 8-11 a.m. $40 for philanthropy center members, $50 for nonmembers. Registert online at www.pnlc.rollins.edu. General Business SCORE offerw a pre-business seminar , covering what individuals who are thinkintg of starting a business need to It is offered on the first and third Wednesdaysa of each month from1 p.m. to 3:30 p.m. and on the firstf Saturday of each month from9 a.m. to 11:30 a.m. Cost: $30. Location: National Entrepreneur Center. For more call (407) 420-4844.
SCORE offers a financiap planning and marketing seminadr on the second Wednesday of each monthb from7 p.m. to 9:30 p.m. Cost: $30. Location: National Entrepreneure Center. For more information, call 420-4844. The Seminole Couty Public Library will host a seried of lectures on moldremediation : in 7-8 p.m., May 26, June 23, July 28, Aug. 25 and 22; in Longwood, 7-8 p.m., June 15, July 20, Aug. 17 and 21; in Lake Mary, 7-8 p.m., June 9, July 14, Aug. 11 and 8; and in Casselberry, 10:30 a.m.-noon, June 5, July 3, Aug. 7 and 4.
Admission is For more information, call (407) The local chapter of the Association for Corporatw Growth will hold its monthly meeting at the Citrue ClubMay 25, 6-8 p.m. David chairman of Hughes Supply will present Creating Valuethrougg Acquisition: Opportunity in Fragmente d Markets. To make a call Mike Sirmans at (407) 772-082t or e-mail Sirmans@GeneralCounselAdvisors.com.
Saturday, October 9, 2010
NGO brings in kids to fill CWG stadia seats - IBNLive.com
acklinegymejac1362.blogspot.com
Indian Express | NGO brings in kids to fill CWG stadia seats IBNLive.com ... cherish throughout their lives but for the OC, giving them these complementary tickets has taken care of their biggest worry -- filling up empty seats. Where are the tickets? OC blames server Delhi Police says 'No' to merchandising stores inside CWG venues |
Thursday, October 7, 2010
Panthers launch development plan - South Florida Business Journal:
zolinstanixes.blogspot.com
, the real estate development that owners of the hockeg franchise arenow proposing. The plan is to builr the mixed-use district on the 139 acres that surroundf thein Sunrise. The firstf details of the plan are emerging asthe team’ s parent company, (SSE), engages in negotiationsd to merge the its arena management compant and rights to the real estate surroundingf the BankAtlantic Center with , a public-stock companty formed last year, sources said.
The potentiap deal values the assetsat $230 million, including debt, with the plum in the talk being the possibility of developing the site arouncd the arena, said sources, who also notedd that negotiations have been takingy place over the last several weeks. But, both a merger and futurw site development deal are likely to need Browards County approval tomove ahead, accordiny to Dick Brossard, interim deputy Broware County administrator. The county owns the land and the arena, whichj it leases to the Panthers.
“That wouldf be a lease assignmentt and would require county commission approvalp to amend the existingg lease andoperating agreement,” Brossard He said that, to his the county has not been approached by the Pantherxs about a potential merger, and has seen no formal proposal for developing the parking lots that surround BankAtlanticv Center. But, Panthers owners on Feb. 26 had a pre-application conference with the to lay the groundworj required to get entitlements tobuild Oz, according to council documents, which provided the first detailed summary of the plan.
Team ownersa have also been meeting with locakl government officials to gauge their levell of acceptance for the entertainment andcommerciapl district. “A concept has been presentedx to us that they would like to do a theaterr districtwith multi-use Sunrise Deputy Mayor Donald Rosenm said, noting that the which gave the land to county to builf the arena, “can’t do anything unless the count says it is a go.” At the heart of the projectg is a Broadway-style theatert to be operated by the New York-based , which runs abouf 30 theaters worldwide. President James L.
Nederlanderf became an SSE partnerlast year, but provided no detailsd about when Oz may “Right now, there is nothinhg I can talk about,” he A project of such magnitude would likeluy have to be phased, according to governmenf officials and real estate watchers. And the troubled economy woulcd likely play a leading role in the timing of that. It is unclear how the project would be butlast year, when SSE firsr began rolling out its plan to develop the arensa land, it said it planned to securer private financing for the development or could seek industriap development revenue bonds and affordable housinvg bonds, which require no financial commitmentf from the county.
“I would call it Stiles Realty President Tom Kates saidof Oz’s scale. the catalyst is the arena.” He said the project is certainlyy viable inthat location, but could be considerex dense for its suburban venue. The nearbg Sawgrass International Corporate Park houses about 4 millionb square feet of commercial space on612 acres. Sunrise Mayoe Roger Wishner said he is reservinhg judgment on the Oz project until he sees adetailed But, generally, he said it stands to be a strong economix engine.
“Certainly, based on the conversations and discussions I have thetheater … would be a first-clasxs theater located here, and this would draw a tremendouxs population,” Wisher said. According to the City of Oz Web the project would create anestimated 13,4787 total new jobs in South Florida with a $226 million annuakl payroll at the job site and a overalo $443 million annual payroll acrosss the region, not including the The question now for officials is whether a merger will be a game Sports Properties raised $215 millioh last year in an IPO for the purpose of buying companies in sports and Under federal securities rules, it has until Jan.
17 to completr a deal or the monet is returned tothe shareholders. Andreaw Murstein, the financier spearheading the company and whoowns 18.1 percent of it, declined to comment, citinvg federal stock regulations that prohibit him from discussingg unannounced transactions. The Panthers also declined to comment. As part of the prospectivee deal, the sources said, the Panthers’ ownerds would receive stock inSportse Properties, making the hockey team a unit of the publidc company. The team was publicly held before formerowner H. Wayne Huizenga sold it in 2001 to currenty general partner Alan Cohenfor $101 million.
Cohen is the foundetr of genericpharmaceutical concerns, most notablg Davie-based , which was purchased by in 2006.
, the real estate development that owners of the hockeg franchise arenow proposing. The plan is to builr the mixed-use district on the 139 acres that surroundf thein Sunrise. The firstf details of the plan are emerging asthe team’ s parent company, (SSE), engages in negotiationsd to merge the its arena management compant and rights to the real estate surroundingf the BankAtlantic Center with , a public-stock companty formed last year, sources said.
The potentiap deal values the assetsat $230 million, including debt, with the plum in the talk being the possibility of developing the site arouncd the arena, said sources, who also notedd that negotiations have been takingy place over the last several weeks. But, both a merger and futurw site development deal are likely to need Browards County approval tomove ahead, accordiny to Dick Brossard, interim deputy Broware County administrator. The county owns the land and the arena, whichj it leases to the Panthers.
“That wouldf be a lease assignmentt and would require county commission approvalp to amend the existingg lease andoperating agreement,” Brossard He said that, to his the county has not been approached by the Pantherxs about a potential merger, and has seen no formal proposal for developing the parking lots that surround BankAtlanticv Center. But, Panthers owners on Feb. 26 had a pre-application conference with the to lay the groundworj required to get entitlements tobuild Oz, according to council documents, which provided the first detailed summary of the plan.
Team ownersa have also been meeting with locakl government officials to gauge their levell of acceptance for the entertainment andcommerciapl district. “A concept has been presentedx to us that they would like to do a theaterr districtwith multi-use Sunrise Deputy Mayor Donald Rosenm said, noting that the which gave the land to county to builf the arena, “can’t do anything unless the count says it is a go.” At the heart of the projectg is a Broadway-style theatert to be operated by the New York-based , which runs abouf 30 theaters worldwide. President James L.
Nederlanderf became an SSE partnerlast year, but provided no detailsd about when Oz may “Right now, there is nothinhg I can talk about,” he A project of such magnitude would likeluy have to be phased, according to governmenf officials and real estate watchers. And the troubled economy woulcd likely play a leading role in the timing of that. It is unclear how the project would be butlast year, when SSE firsr began rolling out its plan to develop the arensa land, it said it planned to securer private financing for the development or could seek industriap development revenue bonds and affordable housinvg bonds, which require no financial commitmentf from the county.
“I would call it Stiles Realty President Tom Kates saidof Oz’s scale. the catalyst is the arena.” He said the project is certainlyy viable inthat location, but could be considerex dense for its suburban venue. The nearbg Sawgrass International Corporate Park houses about 4 millionb square feet of commercial space on612 acres. Sunrise Mayoe Roger Wishner said he is reservinhg judgment on the Oz project until he sees adetailed But, generally, he said it stands to be a strong economix engine.
“Certainly, based on the conversations and discussions I have thetheater … would be a first-clasxs theater located here, and this would draw a tremendouxs population,” Wisher said. According to the City of Oz Web the project would create anestimated 13,4787 total new jobs in South Florida with a $226 million annuakl payroll at the job site and a overalo $443 million annual payroll acrosss the region, not including the The question now for officials is whether a merger will be a game Sports Properties raised $215 millioh last year in an IPO for the purpose of buying companies in sports and Under federal securities rules, it has until Jan.
17 to completr a deal or the monet is returned tothe shareholders. Andreaw Murstein, the financier spearheading the company and whoowns 18.1 percent of it, declined to comment, citinvg federal stock regulations that prohibit him from discussingg unannounced transactions. The Panthers also declined to comment. As part of the prospectivee deal, the sources said, the Panthers’ ownerds would receive stock inSportse Properties, making the hockey team a unit of the publidc company. The team was publicly held before formerowner H. Wayne Huizenga sold it in 2001 to currenty general partner Alan Cohenfor $101 million.
Cohen is the foundetr of genericpharmaceutical concerns, most notablg Davie-based , which was purchased by in 2006.
Wednesday, October 6, 2010
Times are tough, but bank credit still flowing - Business First of Louisville:
http://nortemaar.org/fetededanse.html
Global capital markets have come closwto meltdown, with Wall Street firms in The Federal Reserve is focused on getting bank to lend to each but banks are afraid they'll get suckedx into other banks' subprimd mortgage-backed bonds. The commercial mortgage-backed security markett is tanking along with the residentialmortgage That's on the macro level. On the real-world level, tertiary markets such as Louisvillew appear tobe insulated. The question is, will the mone y be there to keep local businesses even inhard times? So far, the answer is yes -- strong companies with impeccable credity histories can borrow, an immutabl e fact of bank lending.
For everyone well, there's private equity, investors "and rich uncles," as Phillipl Poindexter, senior executive vice president and director of commercialp lendingat , said. For the conventional businesx owner looking fora loan, 2008 isn't profoundly differen t from the boom years in the said Poindexter and other bankers. The cost of money for banks has rarelybeen lower. The discount rate -- the rate the Federakl Reserve Bank charges banks to borrowmoneyg -- was 3.25 percent on Tuesday.
The dichotomy of this particular crisis is that even though capital is gettinvg cheaper as the Fedcuts rates, globa capital problems have increased commercial bankers' historifc adversity to risk at a time when federaol officials are trying to spur economic "It's a very unsettled time," said Jim senior vice president at Louisville-based Banks are increasinhg scrutiny of borrowers, their creditworthiness and their proposecd deals, and lenders are increasingly cautiousx about anything speculative. "And the key word here is " including deals collateralized by real Wheatley said. But, he added, "the fundamentals never change.
" If companiexs have cash reserves, cash flow, good performance and debt repayment there is plenty ofmoney available. For those "every bank wants your business," Wheatlehy said. "It's a buyer's market. There are too many dogs and notenough rabbits." Fundamentalse might never change, but terms do. Bank underwriting standards requiree certain amounts of cash in certaih typesof transactions. Banks in general aren't makingv exceptions to those requirements, said Wheatlet and Poindexter. "In the old days, banks might have done dealz with a little lesscash (put in by borrowers), wher now they're sticking to the rule book," Wheatley said.
There are 40 or 50 banks in Louisviller in the commercial andindustriap loan, or C&I, Poindexter said. Local banks such as Stoc k Yards arefairly predictable, good times or bad, he said. "We've always been a consistently restrainedlender ... even when everyone else was go-go-go," Poindextedr said. If there's a difference now, it's that Stockk Yards is hewing even more closel to prudentlending guidelines. For the but potentially lucrative, deals -- for for large speculative mergers and acquisitions and real estate and retailldevelopment -- cash is harder to come by.
An estimated $100 billiom in capital worldwide has disappeared during nearly eighft months of financial calamity related to the subprimewmortgage crisis. Beginning with the collaps of two hedge fundslast June, Bear Stearns and othe r investment banks and consumer such as , have racked up huge lossesd in sub-prime mortgage-backed securities related to risinbg defaults. On March 6, Thelma Ferguson, Kentucky market president forNew York-based , told Rotary Club of Louisville Inc. members that problems relater to subprimemortgages "won't go away anytime Nationwide, she said, a totall of about $3 billion in subprims mortgages had gone bad, with another $2.
6 billion in adjustable- rate mortgages set to go to higherf interest rates this year. Ferguson predicted that stronfg banks, such as Chase, will have recorc growth this year, even after limited chargeoffs, becausew of the diversity of their business and what shetermsa "fortress balance sheets" -- tight financial controls, largd loan-loss reserves and prudent lendint that avoided, for the most part, the subprime Last October, J.P. Morga n Chase's reported record third-quarter income of $3.378 billion at the same time competitorss Citigroup and UBS were receiving cash infusionwafter multibillion-dollar write-downs.
But, Ferguson told Rotary credit standards forconsumer lending, especiallyh for mortgages, will tighten. In previous capital crises, regional banke would "cut off the valve," said Larryu Myers, president and CEO of Firstt SavingsBank FSB, based in That is, big banks wouled issue a new lendin g policy ruling out certainj types of loans, or loans to particulatr industry sectors, said Myers, who formerly worked for Nationa l City. "They'd throw out the good with the Small communitybanks can'tg do that, Myers said. They have to assesd deals based on whether borrowers are reasonablewcredit risks, with good work ethicv and productive companies.
"I think (local banks) could be the knight in shining armor inall this," he No capital, no growth There are severe probleme in capital markets where largd national and international banks do business, said Donalcd J. Mullineux, professor of banking and finance at the Universityhof Kentucky's Gatton College of Business and Economics. The effect of the globalo capital crunch on community banks with lessthan $1 billion in assetas is far harder to gauge, said Small banks mainly raise capital through deposits, "sio they're just not present in thoss (global capital) markets.
" "I wouldn't say (community banks) are not affected at all, but rather they're affected through macro economicc channels," he said. The United States most likely is in Mullineux said. In times of and with bank examinera increasingly lookingover bankers' shoulders because of questionablse lending practices at some banks, most banks lend less At the same time, business slows, and corporations tend to ask for less so demand for capital drops, he said. Some alreadgy see hints of a slowdown. Most banke are seeing increases inloan delinquencies, Wheatley said. A nationap survey last month of U.S.
Small Business Administrationb lenders reported that SBA lenders have tightened standards on loans and that loan volumed is down by 15 percentg from the first quarterof 2007. LLC in Shepherdsvillee has had no trouble borrowingy fromits bank, Pittsburgh-based PNC Bank NA, said Nicholas X. "Nick" Simon, Publishers His 142-year-old business is the area's largest privatelt owned employer, ranked No. 14 on Busineses First's list of major with about 1,700 employees. It has a strong net-worth-to-debt healthy cash flow and a soundxbalance sheet, Simon said.
Publishers has a line of credit tied to theprimed rate, the rates at which big bank s lend to their best But Simon does see some weaknes among his customers, such as an increasing number of slow payers. "A couple of businesses -- customerxs I've had for years -- have bounced checksd that have never bouncedchecksd before," he said. The question ultimately is: What happens to economix growth ina worst-case scenario?
Most likely, the deeperd the recession, the longer the return to "What you see (during economic crises) is that on bank balancde sheets, banks want to carry fewer loans, preferring to hold securities," Mullineux "As the economy gets back on its feet, the banke will sell those securities and use that cash to starf lending again." The current capital crisis started with bankws and mortgage brokers making mortgage loans to including real estate speculators, with poor credigt ratings, questionable income and no money down.
Many of thosre mortgages included adjustable interesr rates that reset to doublre or triple theintroductory rates, with penalties if borrowersw refinanced. If that weren't bad enough, those subprim e loans, through the magic of securitization, got turnee into highly rated collateral for bond issues and other debt instruments such as collateralizeddebt So, when those dicey mortgages startedd going bad, and borrowers startefd defaulting, the banks and mortgage lenders started losintg their principal. But the pain didn't stop there. Those defaulte set in motion falling dominos as the housing bubblee created by the artificially inflatedc mortgage demandquickly burst.
The mortgag defaults also meant that some investors stopped getting returnas from thosesubprime mortgage-backed bonds as the underlying collateral went bad. Thos investors included some of the biggest namesd onWall Street, including Merrill Lynch and the now infamous Bear Stearnsa Co. hedge funds. Moreover, problems with residentiapl mortgage-backed securities have cut confidence incommercial mortgage-backed securities and in the increasinglyh interconnected world capital market matrix as a New companies, job creation may suffer as capital grows tighteer Although established businesses so far seem unaffectedx by the ongoing capital growth companies that create new jobs might be hardest hit.
Sincw March 2007, Randall Waldman has buil t , based in Shepherdsville, from an idea into a thrivingt operation with a totalof 240,000 squar e feet in manufacturing capacith in three locations. With collateralized contractsa fromand , Waldmaj projects that Integrity will have between $30 millioh and $50 million in revenur for 2008. Integrity started a year ago with sevemn employees and now has morethan 200. Waldman has investesd $4 million of his own moneyt into Integrity. Yet last December, as Waldman received the emerginf company of the year award inBusinesse First's Business of the Year he asked the crowd of 800 why no banks would lend Integrityh money.
Waldman said banks have turned down his requests for credir because hiscompany doesn'g have three years of financial He said he has difficulty getting capita l at reasonable rates for expansion, with Integrity borrowingy at 7 percent or 8 percent on amortized term debt -- two or more pointes above the current prime rate of 5.5 Waldman believes part of the problem is that the global capitalk crunch is making local lenders gun-shy. But he said the main reasonb Integrity has problems getting bankrates -- far cheape r than private-equity funding -- is becaus the company doesn't have an established credit And that makes it difficult for banks to asses the risk.
Banks have to consider the cost of fundds versus therisk they're taking, said Jim Wheatley, senior vice president at 1st Independence Financial Groupp Inc. and a commercial lender for more than 20 Banks typically borrow directly fromthe Fed, or from othee banks, for five years at very favorable interestt rates, and they make a profit by lending that money at a higher rate. Business customers can go onto the Federal DeposigInsurance Corp. Web site and see what banks are payingbfor money, Wheatley said. During the past week, the Fed lowerede two key rates.
Both the discount rate, the rate the Fed chargez banks to borrowmoney directly, and the Federal Fundsd rate, the rate banksa charge each other, dropped. The federal funds rate droppexdto 2.25 percent from 3 and the discount rate droppeed to 3.25 percent from 3.5. But bankes have to figure in their cost just like any otherbusineses -- the cost of buildings, employees and utilities. and shareholder profits," Wheatley said. Typically, banks take a less than 10 percent returnon investment, which turns to an even smallefr amount after expenses and dividends to stockholders, he said.
Though the bank'z return is predictably modest, the entrepreneurs mighg make a million dollarxoff loans. "Their potential return is almosty infinite." But the bank is going to make itsmarginap return, Wheatley said. "Mty question is: Where in the world is that entrepreneurr who's willing to take as much risk as the bankfor (a few percent) They may become a but the bank still gets prime." But if fast-growinv companies have trouble getting access to the local economy withers, Waldmanb said. Integrity is in the running for several huge contracts, including one worthy as much as $350 million over five yeare from a government entity Waldmann declined to identify.
With large Louisville employers such as Waldman said, he believes emergingt mid-sized manufacturing operations such as Integritt "have the potential to be the next big We create real jobs, paying real money, that stimulated the real economy," Waldman said. "Th e economy will thrive or die baserd on the ability of these businessesx to get capital to createnew jobs."
Global capital markets have come closwto meltdown, with Wall Street firms in The Federal Reserve is focused on getting bank to lend to each but banks are afraid they'll get suckedx into other banks' subprimd mortgage-backed bonds. The commercial mortgage-backed security markett is tanking along with the residentialmortgage That's on the macro level. On the real-world level, tertiary markets such as Louisvillew appear tobe insulated. The question is, will the mone y be there to keep local businesses even inhard times? So far, the answer is yes -- strong companies with impeccable credity histories can borrow, an immutabl e fact of bank lending.
For everyone well, there's private equity, investors "and rich uncles," as Phillipl Poindexter, senior executive vice president and director of commercialp lendingat , said. For the conventional businesx owner looking fora loan, 2008 isn't profoundly differen t from the boom years in the said Poindexter and other bankers. The cost of money for banks has rarelybeen lower. The discount rate -- the rate the Federakl Reserve Bank charges banks to borrowmoneyg -- was 3.25 percent on Tuesday.
The dichotomy of this particular crisis is that even though capital is gettinvg cheaper as the Fedcuts rates, globa capital problems have increased commercial bankers' historifc adversity to risk at a time when federaol officials are trying to spur economic "It's a very unsettled time," said Jim senior vice president at Louisville-based Banks are increasinhg scrutiny of borrowers, their creditworthiness and their proposecd deals, and lenders are increasingly cautiousx about anything speculative. "And the key word here is " including deals collateralized by real Wheatley said. But, he added, "the fundamentals never change.
" If companiexs have cash reserves, cash flow, good performance and debt repayment there is plenty ofmoney available. For those "every bank wants your business," Wheatlehy said. "It's a buyer's market. There are too many dogs and notenough rabbits." Fundamentalse might never change, but terms do. Bank underwriting standards requiree certain amounts of cash in certaih typesof transactions. Banks in general aren't makingv exceptions to those requirements, said Wheatlet and Poindexter. "In the old days, banks might have done dealz with a little lesscash (put in by borrowers), wher now they're sticking to the rule book," Wheatley said.
There are 40 or 50 banks in Louisviller in the commercial andindustriap loan, or C&I, Poindexter said. Local banks such as Stoc k Yards arefairly predictable, good times or bad, he said. "We've always been a consistently restrainedlender ... even when everyone else was go-go-go," Poindextedr said. If there's a difference now, it's that Stockk Yards is hewing even more closel to prudentlending guidelines. For the but potentially lucrative, deals -- for for large speculative mergers and acquisitions and real estate and retailldevelopment -- cash is harder to come by.
An estimated $100 billiom in capital worldwide has disappeared during nearly eighft months of financial calamity related to the subprimewmortgage crisis. Beginning with the collaps of two hedge fundslast June, Bear Stearns and othe r investment banks and consumer such as , have racked up huge lossesd in sub-prime mortgage-backed securities related to risinbg defaults. On March 6, Thelma Ferguson, Kentucky market president forNew York-based , told Rotary Club of Louisville Inc. members that problems relater to subprimemortgages "won't go away anytime Nationwide, she said, a totall of about $3 billion in subprims mortgages had gone bad, with another $2.
6 billion in adjustable- rate mortgages set to go to higherf interest rates this year. Ferguson predicted that stronfg banks, such as Chase, will have recorc growth this year, even after limited chargeoffs, becausew of the diversity of their business and what shetermsa "fortress balance sheets" -- tight financial controls, largd loan-loss reserves and prudent lendint that avoided, for the most part, the subprime Last October, J.P. Morga n Chase's reported record third-quarter income of $3.378 billion at the same time competitorss Citigroup and UBS were receiving cash infusionwafter multibillion-dollar write-downs.
But, Ferguson told Rotary credit standards forconsumer lending, especiallyh for mortgages, will tighten. In previous capital crises, regional banke would "cut off the valve," said Larryu Myers, president and CEO of Firstt SavingsBank FSB, based in That is, big banks wouled issue a new lendin g policy ruling out certainj types of loans, or loans to particulatr industry sectors, said Myers, who formerly worked for Nationa l City. "They'd throw out the good with the Small communitybanks can'tg do that, Myers said. They have to assesd deals based on whether borrowers are reasonablewcredit risks, with good work ethicv and productive companies.
"I think (local banks) could be the knight in shining armor inall this," he No capital, no growth There are severe probleme in capital markets where largd national and international banks do business, said Donalcd J. Mullineux, professor of banking and finance at the Universityhof Kentucky's Gatton College of Business and Economics. The effect of the globalo capital crunch on community banks with lessthan $1 billion in assetas is far harder to gauge, said Small banks mainly raise capital through deposits, "sio they're just not present in thoss (global capital) markets.
" "I wouldn't say (community banks) are not affected at all, but rather they're affected through macro economicc channels," he said. The United States most likely is in Mullineux said. In times of and with bank examinera increasingly lookingover bankers' shoulders because of questionablse lending practices at some banks, most banks lend less At the same time, business slows, and corporations tend to ask for less so demand for capital drops, he said. Some alreadgy see hints of a slowdown. Most banke are seeing increases inloan delinquencies, Wheatley said. A nationap survey last month of U.S.
Small Business Administrationb lenders reported that SBA lenders have tightened standards on loans and that loan volumed is down by 15 percentg from the first quarterof 2007. LLC in Shepherdsvillee has had no trouble borrowingy fromits bank, Pittsburgh-based PNC Bank NA, said Nicholas X. "Nick" Simon, Publishers His 142-year-old business is the area's largest privatelt owned employer, ranked No. 14 on Busineses First's list of major with about 1,700 employees. It has a strong net-worth-to-debt healthy cash flow and a soundxbalance sheet, Simon said.
Publishers has a line of credit tied to theprimed rate, the rates at which big bank s lend to their best But Simon does see some weaknes among his customers, such as an increasing number of slow payers. "A couple of businesses -- customerxs I've had for years -- have bounced checksd that have never bouncedchecksd before," he said. The question ultimately is: What happens to economix growth ina worst-case scenario?
Most likely, the deeperd the recession, the longer the return to "What you see (during economic crises) is that on bank balancde sheets, banks want to carry fewer loans, preferring to hold securities," Mullineux "As the economy gets back on its feet, the banke will sell those securities and use that cash to starf lending again." The current capital crisis started with bankws and mortgage brokers making mortgage loans to including real estate speculators, with poor credigt ratings, questionable income and no money down.
Many of thosre mortgages included adjustable interesr rates that reset to doublre or triple theintroductory rates, with penalties if borrowersw refinanced. If that weren't bad enough, those subprim e loans, through the magic of securitization, got turnee into highly rated collateral for bond issues and other debt instruments such as collateralizeddebt So, when those dicey mortgages startedd going bad, and borrowers startefd defaulting, the banks and mortgage lenders started losintg their principal. But the pain didn't stop there. Those defaulte set in motion falling dominos as the housing bubblee created by the artificially inflatedc mortgage demandquickly burst.
The mortgag defaults also meant that some investors stopped getting returnas from thosesubprime mortgage-backed bonds as the underlying collateral went bad. Thos investors included some of the biggest namesd onWall Street, including Merrill Lynch and the now infamous Bear Stearnsa Co. hedge funds. Moreover, problems with residentiapl mortgage-backed securities have cut confidence incommercial mortgage-backed securities and in the increasinglyh interconnected world capital market matrix as a New companies, job creation may suffer as capital grows tighteer Although established businesses so far seem unaffectedx by the ongoing capital growth companies that create new jobs might be hardest hit.
Sincw March 2007, Randall Waldman has buil t , based in Shepherdsville, from an idea into a thrivingt operation with a totalof 240,000 squar e feet in manufacturing capacith in three locations. With collateralized contractsa fromand , Waldmaj projects that Integrity will have between $30 millioh and $50 million in revenur for 2008. Integrity started a year ago with sevemn employees and now has morethan 200. Waldman has investesd $4 million of his own moneyt into Integrity. Yet last December, as Waldman received the emerginf company of the year award inBusinesse First's Business of the Year he asked the crowd of 800 why no banks would lend Integrityh money.
Waldman said banks have turned down his requests for credir because hiscompany doesn'g have three years of financial He said he has difficulty getting capita l at reasonable rates for expansion, with Integrity borrowingy at 7 percent or 8 percent on amortized term debt -- two or more pointes above the current prime rate of 5.5 Waldman believes part of the problem is that the global capitalk crunch is making local lenders gun-shy. But he said the main reasonb Integrity has problems getting bankrates -- far cheape r than private-equity funding -- is becaus the company doesn't have an established credit And that makes it difficult for banks to asses the risk.
Banks have to consider the cost of fundds versus therisk they're taking, said Jim Wheatley, senior vice president at 1st Independence Financial Groupp Inc. and a commercial lender for more than 20 Banks typically borrow directly fromthe Fed, or from othee banks, for five years at very favorable interestt rates, and they make a profit by lending that money at a higher rate. Business customers can go onto the Federal DeposigInsurance Corp. Web site and see what banks are payingbfor money, Wheatley said. During the past week, the Fed lowerede two key rates.
Both the discount rate, the rate the Fed chargez banks to borrowmoney directly, and the Federal Fundsd rate, the rate banksa charge each other, dropped. The federal funds rate droppexdto 2.25 percent from 3 and the discount rate droppeed to 3.25 percent from 3.5. But bankes have to figure in their cost just like any otherbusineses -- the cost of buildings, employees and utilities. and shareholder profits," Wheatley said. Typically, banks take a less than 10 percent returnon investment, which turns to an even smallefr amount after expenses and dividends to stockholders, he said.
Though the bank'z return is predictably modest, the entrepreneurs mighg make a million dollarxoff loans. "Their potential return is almosty infinite." But the bank is going to make itsmarginap return, Wheatley said. "Mty question is: Where in the world is that entrepreneurr who's willing to take as much risk as the bankfor (a few percent) They may become a but the bank still gets prime." But if fast-growinv companies have trouble getting access to the local economy withers, Waldmanb said. Integrity is in the running for several huge contracts, including one worthy as much as $350 million over five yeare from a government entity Waldmann declined to identify.
With large Louisville employers such as Waldman said, he believes emergingt mid-sized manufacturing operations such as Integritt "have the potential to be the next big We create real jobs, paying real money, that stimulated the real economy," Waldman said. "Th e economy will thrive or die baserd on the ability of these businessesx to get capital to createnew jobs."
Monday, October 4, 2010
Want to lose more fat weight? Get more sleep, study says - Los Angeles Times
http://bracesguide.com/duringbraces/duringbraces02.html
Los Angeles Times | Want to lose more fat weight? Get more sleep, study says Los Angeles Times Attention, dieters: You can cut » |
Sunday, October 3, 2010
Roskamp Institute enrolls doctoral students - Tampa Bay Business Journal:
ramsdenjerrieas54.blogspot.com
Roskamp, an affiliated researcnh center of theUnited Kingdom’x , recently was grantedc a license from the within the to begin this program. The doctoral students will work side-by-side with perform hands-on, laboratory-based research and gain the practicapl knowledge necessary to succeed in their area of and emerge as fully operational saidMichael Mullan, director of Roskamp, in a release. Roskam enrolled three students inits Ph.D. program, the release said. The firsy class of students in the program will pursus dissertation research on GulfWar syndrome, traumatic brain injurhy and Alzheimer’s disease.
Roskamp is a not-for-profit research institute locatef in Sarasota that is dedicated to understanding thecauseas of, and finding cures for, neuropsychiatric and neurodegenerativde disorders with an emphasis on Alzheimer’ss disease.
Roskamp, an affiliated researcnh center of theUnited Kingdom’x , recently was grantedc a license from the within the to begin this program. The doctoral students will work side-by-side with perform hands-on, laboratory-based research and gain the practicapl knowledge necessary to succeed in their area of and emerge as fully operational saidMichael Mullan, director of Roskamp, in a release. Roskam enrolled three students inits Ph.D. program, the release said. The firsy class of students in the program will pursus dissertation research on GulfWar syndrome, traumatic brain injurhy and Alzheimer’s disease.
Roskamp is a not-for-profit research institute locatef in Sarasota that is dedicated to understanding thecauseas of, and finding cures for, neuropsychiatric and neurodegenerativde disorders with an emphasis on Alzheimer’ss disease.
Friday, October 1, 2010
Ga. Tech outsources ticket sales to The Aspire Group - Business First of Buffalo:
zlatkopaisley1275.blogspot.com
Aspire is a sports marketing agency run byBernire Mullin, former president of Atlantaq Spirit Group, which owns the and . Specificds of the deal were not butDan Radakovich, Georgia Tech’s athletic said Tech pays Aspire a fee plus a variablew amount based on sales. The multiyear deal includesx an assessment period forboth sides. “Wse look at this as the next frontieer for what we need to do to sell Radakovich said. “We’re not doing a massive radioo orTV campaign, we’re not going to advertisse in the newspaper. This is how we’re going to do it.
” Aspire has hirecd a general manager — Bill formerly the ’ inside ticket sales director to set upa full-time sales staff of 15 to 20 peopld who will work from Georgia Tech’s downtown Atlanta campus. Four peoplw currently work in Tech’s ticket office, two administrators and two who handlwpremium sales. Under the agreement, Georgia Tech will set the ticket pricesand plans. Aspire will handle new full andpartial season-ticketr sales and renewals, and begin selling tickets by mid-June. It will not sell the premiun seating for the Radakovich said premium seating and suites have traditionally sold well and there was not a need for Aspire to runthat program.
Most of thoss seats are allotted througyhGeorgia Tech’s donor the Tech Fund, and will continure to be handled by that arm of the department. The outsourcingt of ticket sales follows the trend of majord universities sellingtheir licensing, sponsorshilp and broadcasting rights to outside marketing agenciea like Learfield, Nelligan, , CBS Collegiate and IMG Georgia Tech’s marketing and media righte are owned by ISP Sports. “Majorf universities are already outsourcing licensin and broadcasting rights so this is a naturakl progression to do it withtickegt sales,” Mullin said. “It will be a more integratedd andsophisticated approach.
The first opportunity will be doing a bettert job ofdata collection.” Greg president of Learfield Sports, said his agencyy has experimented with similar models in the past. “We’re stillp considering whether it will work in our spacr and if so in what Brown said. Georgia Tech’s ticket sales in football “have had their ups and downs,” Radakovich said. Season-tickeyt sales have peaked at 26,000 in recent yearx and been as lowas 23,000 for 55,000-seat Bobbyt Dodd Stadium. Traditionally, rivalry game s against Georgia and Clemsonsell out, while other games present more of a challenge for sales.
The Jackets drew average attendancerof 47,489 in 2008, a season in whic both the Georgia and Clemson games were on the Their crowd peaked at 53,528 for Florida State and was as low as 41,9290 for a nonconference game against Gardner-Webbv during a 9-4 season for first-year coacbh Paul Johnson. “We have a lot of leads from peoplew who bought partial season ticketsor they’v been a season-ticket holder in the past and they’re not Radakovich said. “There are other alumni who haven’rt bought tickets in the past and there are otherd in the Atlanta area who might just be collegefootbal fans.
We’ve got to make sure we cast the net wide enoughu to include allof them. Professional teams have used this methodologyfor “As we’ve looked at all of our available resources and all the advertising we’ved done over the years and seen the we thought (the Aspire partnership) wouled be an opportunity to use a different model to increase our season-ticket base and increase ticket sales in general.” Radakovich stopped short of calling it a complete operationalo outsourcing because the department will maintain two administratorz in its ticket officr mainly to handle correspondence.
Two others in Tech’s tickett office were laid off last month as the Yellow Jacketas trimmed their athletic departmentfby 13. But it’s clear from talkingf to ticket managers and university administrators acroszs the country that the schookl is breaking new grounc by outsourcing its ticket Outside agencies have been used from timeto time, but only for specifi on-campus events, like concerts. Others, like Arizona State and Central Florida, have hired additional sales stafrf for busy periods, but those sales are stilkl handled internally. “It boils down to cost containmenrand efficiency,” Mullin said.
“Traditionally, schools have a smalll number of year-round sales staff, but we can put more staff and resourcex behind thesales efforts. The school is providing the infrastructurde and we are providinthe management, systems, and Mullin said. Wayne Hogan, associate athletic director, will be Tech’s day-to-day contact with Aspire and Fagan. Hoga n handles the department’s outsourcec vendors like Aspireand ISP.
Aspire is a sports marketing agency run byBernire Mullin, former president of Atlantaq Spirit Group, which owns the and . Specificds of the deal were not butDan Radakovich, Georgia Tech’s athletic said Tech pays Aspire a fee plus a variablew amount based on sales. The multiyear deal includesx an assessment period forboth sides. “Wse look at this as the next frontieer for what we need to do to sell Radakovich said. “We’re not doing a massive radioo orTV campaign, we’re not going to advertisse in the newspaper. This is how we’re going to do it.
” Aspire has hirecd a general manager — Bill formerly the ’ inside ticket sales director to set upa full-time sales staff of 15 to 20 peopld who will work from Georgia Tech’s downtown Atlanta campus. Four peoplw currently work in Tech’s ticket office, two administrators and two who handlwpremium sales. Under the agreement, Georgia Tech will set the ticket pricesand plans. Aspire will handle new full andpartial season-ticketr sales and renewals, and begin selling tickets by mid-June. It will not sell the premiun seating for the Radakovich said premium seating and suites have traditionally sold well and there was not a need for Aspire to runthat program.
Most of thoss seats are allotted througyhGeorgia Tech’s donor the Tech Fund, and will continure to be handled by that arm of the department. The outsourcingt of ticket sales follows the trend of majord universities sellingtheir licensing, sponsorshilp and broadcasting rights to outside marketing agenciea like Learfield, Nelligan, , CBS Collegiate and IMG Georgia Tech’s marketing and media righte are owned by ISP Sports. “Majorf universities are already outsourcing licensin and broadcasting rights so this is a naturakl progression to do it withtickegt sales,” Mullin said. “It will be a more integratedd andsophisticated approach.
The first opportunity will be doing a bettert job ofdata collection.” Greg president of Learfield Sports, said his agencyy has experimented with similar models in the past. “We’re stillp considering whether it will work in our spacr and if so in what Brown said. Georgia Tech’s ticket sales in football “have had their ups and downs,” Radakovich said. Season-tickeyt sales have peaked at 26,000 in recent yearx and been as lowas 23,000 for 55,000-seat Bobbyt Dodd Stadium. Traditionally, rivalry game s against Georgia and Clemsonsell out, while other games present more of a challenge for sales.
The Jackets drew average attendancerof 47,489 in 2008, a season in whic both the Georgia and Clemson games were on the Their crowd peaked at 53,528 for Florida State and was as low as 41,9290 for a nonconference game against Gardner-Webbv during a 9-4 season for first-year coacbh Paul Johnson. “We have a lot of leads from peoplew who bought partial season ticketsor they’v been a season-ticket holder in the past and they’re not Radakovich said. “There are other alumni who haven’rt bought tickets in the past and there are otherd in the Atlanta area who might just be collegefootbal fans.
We’ve got to make sure we cast the net wide enoughu to include allof them. Professional teams have used this methodologyfor “As we’ve looked at all of our available resources and all the advertising we’ved done over the years and seen the we thought (the Aspire partnership) wouled be an opportunity to use a different model to increase our season-ticket base and increase ticket sales in general.” Radakovich stopped short of calling it a complete operationalo outsourcing because the department will maintain two administratorz in its ticket officr mainly to handle correspondence.
Two others in Tech’s tickett office were laid off last month as the Yellow Jacketas trimmed their athletic departmentfby 13. But it’s clear from talkingf to ticket managers and university administrators acroszs the country that the schookl is breaking new grounc by outsourcing its ticket Outside agencies have been used from timeto time, but only for specifi on-campus events, like concerts. Others, like Arizona State and Central Florida, have hired additional sales stafrf for busy periods, but those sales are stilkl handled internally. “It boils down to cost containmenrand efficiency,” Mullin said.
“Traditionally, schools have a smalll number of year-round sales staff, but we can put more staff and resourcex behind thesales efforts. The school is providing the infrastructurde and we are providinthe management, systems, and Mullin said. Wayne Hogan, associate athletic director, will be Tech’s day-to-day contact with Aspire and Fagan. Hoga n handles the department’s outsourcec vendors like Aspireand ISP.
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