srikanth-topic.blogspot.com
Unfortunately, getting all the necessary approvals from the city of Overlanc Park took longerthan expected, largely because of a pioneerf cemetery near the site. “Thee cemetery isn’t part of the site,” said Waters, a longtimre Johnson County retail developer. “Bugt five of the graves were in the way of putting a turn lane and a sidewalk in So I had to go through a yearlonfg process of movingthose graves.
” Now, Waters is attemptingy to exhume Crystal Springs, whicjh includes 36 acres for retail and 60 acres for offices on 135tu Street between Quivira and Pflumm During the two yeare prior to completion of development work at the site in Southern Johnson County’s retail vacancy rate nearly doubled to the 10 perceny mark, where the metro-wide market has hovererd for the past few years. Fortunately, Waters and otherz trying to fill Johnson County retailcentersd said, the county’s superior demographics continue to give it an edge in attractingf new stores.
“We’re still seeinvg some decent activity from small loca andregional users,” said Matt Vaupell, senior vice presidenft of . Waters, however, said he won’t be able to take advantagd of that demand until he lands a large anchord or two from a fiele that has been thinned by the recenty bankruptciesof , and othet national chains. “I don’t want to anchor a 36-acre shopping center with a nail he said. “And if I do 30,000 or 40,00o0 square feet of small shopse to kickit off, that’s what I’m going to have in Plus, once I build a retail strip center on one of the I’m committed.
I’ve got a building sitting there that coulfd be in the way of a big Waters said he is certain he woulcd have landed an anchor alreadh had Crystal Springsbeen pad-ready two years ago. Seeking anchors in a recession is alot tougher, he but it’s possible that the downtur could work in his favor. “If you’rer a retailer being pressured by Wall Street to increase your volumwof sales, you’re not going to put that new 200,000-square-foor store in Phoenix, where the housing markef is totally in the tank, or where unemployment is off the charts and all threr automakers are in trouble,” Waters said.
“If they’ver got money to invest, retailers are goinb to look for thebright spots. And Johnsomn County is one of thosebrigh spots.” Within a one-mile radius of Crystal Springs, for the average household income is projected to rise to $162,29e4 in 2010 — more than two and a half timews the metropolitan Kansas City average projected for 2010. With thosew kind of numbers, it wasn’t surprising that 12 new shopping centere were being developed five years ago onthe seven-mil e stretch of 135th Street in Overland Park and Leawoodd — then Johnson County’s hot, new retail corridor.
But some of those centers are struggling to find tenante despitetheir demographics, and among the retailers beyondx their reach are the many with locationss on 119th Street — the county’s previouas hot east-west corridor. “Coffes Creek is the next logical step for retailersz who already operate successfullu on119th Street,” said Jeff Berg, a senior vice He is marketing the 1 million-square-foot Coffee Creek shopping centert planned for 159th Street and U.S. Highwat 69 in Overland Park. Withinh a three-mile radius of the Coffee Creekl site, the average household income is Berg said.
But rooftops in the area remain too he said, so the center’s first-phase opening has been pushed back from 2011 untilp the housing and retail markets “We are leapfrogging Corbin Park,” a 1.1 million-square-foot retail center under development at 135th Street and Metcalfd Avenue, Berg said. “That’s a great but if you’re a retailer who is on 119th Streett already, do you go to Corbin and closs or compete with yourgood store, or do you just follo the growth further south?” Developed by Omaha-based , Corbin Park featurez two large anchors — a department store and and has signed a few junior anchors, including Best Buy and Barned & Noble.
But several other juniod anchors and smaller tenants are needed to builcd thecenter out, and each group may be waitingy for the other to pull the “All of those junior anchors are dependent upon the co-tenancgy of the small shops, and vice said Vaupell of RED Brokerage. “So I don’rt know where Corbin Park A spokesman forCormac Co. did not respond to an intervies request. But Bob Johnso n of , a Kansas City retail adviser and said the vacant and planned retaiol space along 135th Street will be absorbed once theeconomhy rebounds.
Sunday, February 27, 2011
Friday, February 25, 2011
New Cousins CEO encouraged about the market - Denver Business Journal:
ulyanaimiiurebor.blogspot.com
"This isn't going to be a V-shaper recovery," Gellerstedt said Monday in an interviews with AtlantaBusiness Chronicle. "But, we're going to see many opportunitiesto buy." who joined Cousins in 2005, will take over for current CEO Tom Bell on July 1. who turns 60 this year, announced his retiremenft to the companyMonday morning. Cousins is a storiesd Atlanta realestate developer. Founded in 1958 by Tom the company has been involveed in some ofthe city's biggest real estat e projects, including the development of the 55-story Bank of Americw Plaza in 1989.
The marketr isn't providing the best timing for He takes the helm duringthe nation's worst real estat e downturn in at leasr a generation. While the markeg is showing some signsof improvement, it has nosedived from its peak in earlty 2007. Cousins has one of the four new officw towers under developmentin Buckhead, a part of the city that absorbsa about 350,000 to 500,000 square feet of office space annually. Officer vacancy in Buckhead could surpass 30 percent by this time next some commercial real estate developers and brokers Thereare signs, however, that the marker is picking up, Bell and Gellerstedt said.
For one, the gap betweemn what investors are willing to pay for properties and what ownersw are willing to sell them for continuezsto shrink. While that spread was 400 basies points a fewmonthsa ago, it is closer to 100 points Bell said. Also, banks have a clearer picture of their capital levels than they did earlietthis year, and regulators are increasingly pushing them to deal some of theit real estate owned assets. Cousinx (NYSE: CUZ) , posting net income of $164.2 million on $49 millioj in revenue.
At the end of the period, the company’s portfolio of operationalp office buildings was 90percent leased, its portfolio of operationa retail centers was 83 percent leased and its operationalo industrial buildings were 40 percent leased. Gellerstedt began his career in 1978 as an estimator and project managerwith , where he worked on the High Museukm and the AT&T Long Line Building in Manhattan. At only 26, he foundes , a Beers subsidiary that focuseon health-care developments. Gellerstedt was later named Beerd chairmanand CEO. Cousins acquired his the , in June 2005, and he joinedd the company.
Gellerstedt was one of the architects of turninf around the fortunes of One Ninety One Peachtree, the 50-story downtown tower Cousines acquired in 2006. The improvements at One Ninety One have symbolizer a return to prosperity for many parts of its economicboosters say. Shortly after Gellersted joined Cousins, One Ninety One had lost major tenantsand , and downtown Atlanta was suffering from the exoduws of those firms and others. Gellerstedt was instrumental in the rejuvenation of OneNinetyu One, Bell said. "We basicallh gave this building to Bell said. "I remember when we were walkin through the atrium several years ago that therde was nothingin there.
It had this echo And I said to Larry, 'What are we going to abouy this echo?' And Larry came right back and said, ‘Ij tell you what we're going to do. We're goinhg to fill this atrium and thisbuildinvg up.’ It's a totally different buildint today." One Ninety One was nearly 90 percent leased at the beginning of the Cousins also landed the Italian restaurant Il Mulinol Atlanta, which has also helped to revive the "I spent most of my career downtown," Gellerstedf said. "I've always thought that One Ninet y One is atimeless asset.
"
"This isn't going to be a V-shaper recovery," Gellerstedt said Monday in an interviews with AtlantaBusiness Chronicle. "But, we're going to see many opportunitiesto buy." who joined Cousins in 2005, will take over for current CEO Tom Bell on July 1. who turns 60 this year, announced his retiremenft to the companyMonday morning. Cousins is a storiesd Atlanta realestate developer. Founded in 1958 by Tom the company has been involveed in some ofthe city's biggest real estat e projects, including the development of the 55-story Bank of Americw Plaza in 1989.
The marketr isn't providing the best timing for He takes the helm duringthe nation's worst real estat e downturn in at leasr a generation. While the markeg is showing some signsof improvement, it has nosedived from its peak in earlty 2007. Cousins has one of the four new officw towers under developmentin Buckhead, a part of the city that absorbsa about 350,000 to 500,000 square feet of office space annually. Officer vacancy in Buckhead could surpass 30 percent by this time next some commercial real estate developers and brokers Thereare signs, however, that the marker is picking up, Bell and Gellerstedt said.
For one, the gap betweemn what investors are willing to pay for properties and what ownersw are willing to sell them for continuezsto shrink. While that spread was 400 basies points a fewmonthsa ago, it is closer to 100 points Bell said. Also, banks have a clearer picture of their capital levels than they did earlietthis year, and regulators are increasingly pushing them to deal some of theit real estate owned assets. Cousinx (NYSE: CUZ) , posting net income of $164.2 million on $49 millioj in revenue.
At the end of the period, the company’s portfolio of operationalp office buildings was 90percent leased, its portfolio of operationa retail centers was 83 percent leased and its operationalo industrial buildings were 40 percent leased. Gellerstedt began his career in 1978 as an estimator and project managerwith , where he worked on the High Museukm and the AT&T Long Line Building in Manhattan. At only 26, he foundes , a Beers subsidiary that focuseon health-care developments. Gellerstedt was later named Beerd chairmanand CEO. Cousins acquired his the , in June 2005, and he joinedd the company.
Gellerstedt was one of the architects of turninf around the fortunes of One Ninety One Peachtree, the 50-story downtown tower Cousines acquired in 2006. The improvements at One Ninety One have symbolizer a return to prosperity for many parts of its economicboosters say. Shortly after Gellersted joined Cousins, One Ninety One had lost major tenantsand , and downtown Atlanta was suffering from the exoduws of those firms and others. Gellerstedt was instrumental in the rejuvenation of OneNinetyu One, Bell said. "We basicallh gave this building to Bell said. "I remember when we were walkin through the atrium several years ago that therde was nothingin there.
It had this echo And I said to Larry, 'What are we going to abouy this echo?' And Larry came right back and said, ‘Ij tell you what we're going to do. We're goinhg to fill this atrium and thisbuildinvg up.’ It's a totally different buildint today." One Ninety One was nearly 90 percent leased at the beginning of the Cousins also landed the Italian restaurant Il Mulinol Atlanta, which has also helped to revive the "I spent most of my career downtown," Gellerstedf said. "I've always thought that One Ninet y One is atimeless asset.
"
Tuesday, February 22, 2011
Wine-Soaked Dinner Party in 'A Perfect Future' - ABC News
concrete roofing tiles
New York Post | Wine-Soaked Dinner Party in 'A Perfect Future' ABC News While not exactly the dinner party from hell, a dinner with three middle-aged longtime friends who were radical political activists in college is thrown off-kilter by the last-minute arrival of a 30-year-old employee of the host. ... Racism Comes to Dinner and Everything Is Flambé |
Sunday, February 20, 2011
First Niagara, Berkshire Hills ending TARP participation - Business First of Columbus:
concrete roofing
(Nasdaq: FNFG) and (Nasdaq: BHLB) both repurchased the warrantxs the Treasury held on shares of theircommonj stock. First Niagara, which is base in Lockport, N.Y. and has regional headquarterz in Albany, bought back a warrant for 953,000 sharese of common stock, issued to Treasuru in November, for $2.7 million. First Niagara took the first step, returning the $184 million received from the Treasuryt for itspreferred stock, in late May. It was able to do this becausee of a stock offerinyg thatraised $380.4 million in private-sector capital.
“Wse leveraged the federal investment to make commercial and consumed credit readily available in the communitiesx where we do just as the program and replaced it withprivatse investors’ capital when stock market conditionxs improved,” said John Koelmel, president and CEO of First Niagara. “Unlike most others, we raised more than twicde the amount originally receivedr from the government and provided a solix return to taxpayers on their investment while continuing to execute our long term strategy for the benefit ofour shareholders.” He said that duringt its six-month investment in First Niagara, the government earne d more than $7.
4 for an annualized return of nearly 8 Berkshire Hills, a Mass.-based company with nine area branches, paid $1.0e billion to repurchase a warranrt for 226,000 common shares issued to the Treasuryy in December. Berkshire also repaid the $40 million received for its preferredr shares inlate May, after raisinfg $30 million in a private stoco offering. Berkshire also said it has terminatedd its merger agreement with CNBFinanciap Corp. of Worcester Mass. CNB CNFA), parent of , opted for an offe from Inc. (Nasdaq: of West Springfield. CNB paid Berkshire a terminationh feeof $970,000.
(Nasdaq: FNFG) and (Nasdaq: BHLB) both repurchased the warrantxs the Treasury held on shares of theircommonj stock. First Niagara, which is base in Lockport, N.Y. and has regional headquarterz in Albany, bought back a warrant for 953,000 sharese of common stock, issued to Treasuru in November, for $2.7 million. First Niagara took the first step, returning the $184 million received from the Treasuryt for itspreferred stock, in late May. It was able to do this becausee of a stock offerinyg thatraised $380.4 million in private-sector capital.
“Wse leveraged the federal investment to make commercial and consumed credit readily available in the communitiesx where we do just as the program and replaced it withprivatse investors’ capital when stock market conditionxs improved,” said John Koelmel, president and CEO of First Niagara. “Unlike most others, we raised more than twicde the amount originally receivedr from the government and provided a solix return to taxpayers on their investment while continuing to execute our long term strategy for the benefit ofour shareholders.” He said that duringt its six-month investment in First Niagara, the government earne d more than $7.
4 for an annualized return of nearly 8 Berkshire Hills, a Mass.-based company with nine area branches, paid $1.0e billion to repurchase a warranrt for 226,000 common shares issued to the Treasuryy in December. Berkshire also repaid the $40 million received for its preferredr shares inlate May, after raisinfg $30 million in a private stoco offering. Berkshire also said it has terminatedd its merger agreement with CNBFinanciap Corp. of Worcester Mass. CNB CNFA), parent of , opted for an offe from Inc. (Nasdaq: of West Springfield. CNB paid Berkshire a terminationh feeof $970,000.
Thursday, February 17, 2011
Tree falls on Oregon State Patrol car; trooper not seriously hurt - OregonLive.com
http://fesseler.org/course14.html
OregonLive.com | Tree falls on Oregon State Patrol car; trooper not seriously hurt OregonLive.com By The Oregonian View full sizeOregon State PoliceTrooper Ken Snook suffered minor injuries today when a tree fell across his patrol car. The tree had been weighted down by snowfall. An Oregon State Police trooper survived with minor injuries this ... |
Tuesday, February 15, 2011
Arkansas unemployment rises to 5.7%, still lower than U.S. rate - Memphis Business Journal:
http://www.whittomboucher.com/?p=4
Arkansas’ civilian labor force decliner 6,100 in November, a resulr of 4,000 more unemployed and 10,100 fewer employex Arkansans. Unemployment has risen in the state in the lastthres months, and Kimberly Friedman, DWS communicationds director, said Arkansas has been affected by layoffz and company closings, just like the rest of the country. “Whild Arkansas’ unemployment rate rose this our rate is still a full percentage poingt below thenational rate,” Friedman said in a statement. “Compare to last November, 5,900 more Arkansans are employed.
” Aftet increasing by 2,400 in non-farm payroll jobs in the statedeclinecd 1,300 in November to The leisure and hospitality industry lost 1,200 jobs in professional and business services jobs fell 1,100 and constructioh posted a loss of 1,100 Educational and health services jobs increased by 3,70o jobs in November, with 97% of the growtn occurring in health care and social assistance, due to the ongoinf expansion of the health care industry. planninb to open production plant in PineBluff N.Y.-based U.S. Sugar Co., Inc.
, will be expanding operationsw to Pine Bluffin 2009, havingg recently purchased the Rolling Pin Donut The plant will open in six monthz and will employ up to 30 workers by the end of 2009. The factory could create up to 100 jobs in the next two orthreer years. U.S. Sugar settled on Arkansas afterf looking at more than 100 buildings in16 states. William McDaniel, president and CEO of U.S. Sugar, said the compang will invest upto $6 millionj in factory equipment and rail upgrades, but the financing procesxs is still being worke d out. As of right now, McDaniel the company had not appliee for state or locakeconomic incentives.
“We are taking the financin g process one step ata time, and have not yet decideed how much might be required,” McDaniel said in a “It may be a combination of public and privates financing.” Lou Ann Nisbett, president and CEO of the Economic Development Alliance of Jefferson County, said the alliancee has been working to bringy the new company to Pine Blufv for several months. The Rolling Pin Donugt plant opened in 1998 and had 110 employeed before it was acquired by Rich Productd of Buffaloin 2005. It was closes later that year.
“We are very excitedc that (McDaniel) has chosen Pine Bluff for a plant that will creat e about 20 jobs initiall with the potential for more in the Nisbett said ina statement. “It’sz our understanding the facility will be readuy to openby mid-summer 2009. It’s an excellent and we’re glad to see it back in use fora food-relatesd business.” McDaniel said the plantt will focus on browhn and powdered sugar, U.S. Sugar’s core products.
He said Arkansa is a good, strategic location from the company’sw suppliers to the rest of the Tennessee, Mississippi receive $150,000 grants from foundationb Tennessee and Mississippi are among 11 statesd receiving grants fromthe Indianapolis-based for Education. The states will receive $150,000 each through the foundation’d Making Opportunity Affordable initiative to develop innovatived strategies in key policy areas to promoteproductivitty improvements. The states will be eligible to competee next year for upto five, $2 milliomn opportunity grants to implement thei plans over four years.
Those grants will be awarded next fall tofive
Arkansas’ civilian labor force decliner 6,100 in November, a resulr of 4,000 more unemployed and 10,100 fewer employex Arkansans. Unemployment has risen in the state in the lastthres months, and Kimberly Friedman, DWS communicationds director, said Arkansas has been affected by layoffz and company closings, just like the rest of the country. “Whild Arkansas’ unemployment rate rose this our rate is still a full percentage poingt below thenational rate,” Friedman said in a statement. “Compare to last November, 5,900 more Arkansans are employed.
” Aftet increasing by 2,400 in non-farm payroll jobs in the statedeclinecd 1,300 in November to The leisure and hospitality industry lost 1,200 jobs in professional and business services jobs fell 1,100 and constructioh posted a loss of 1,100 Educational and health services jobs increased by 3,70o jobs in November, with 97% of the growtn occurring in health care and social assistance, due to the ongoinf expansion of the health care industry. planninb to open production plant in PineBluff N.Y.-based U.S. Sugar Co., Inc.
, will be expanding operationsw to Pine Bluffin 2009, havingg recently purchased the Rolling Pin Donut The plant will open in six monthz and will employ up to 30 workers by the end of 2009. The factory could create up to 100 jobs in the next two orthreer years. U.S. Sugar settled on Arkansas afterf looking at more than 100 buildings in16 states. William McDaniel, president and CEO of U.S. Sugar, said the compang will invest upto $6 millionj in factory equipment and rail upgrades, but the financing procesxs is still being worke d out. As of right now, McDaniel the company had not appliee for state or locakeconomic incentives.
“We are taking the financin g process one step ata time, and have not yet decideed how much might be required,” McDaniel said in a “It may be a combination of public and privates financing.” Lou Ann Nisbett, president and CEO of the Economic Development Alliance of Jefferson County, said the alliancee has been working to bringy the new company to Pine Blufv for several months. The Rolling Pin Donugt plant opened in 1998 and had 110 employeed before it was acquired by Rich Productd of Buffaloin 2005. It was closes later that year.
“We are very excitedc that (McDaniel) has chosen Pine Bluff for a plant that will creat e about 20 jobs initiall with the potential for more in the Nisbett said ina statement. “It’sz our understanding the facility will be readuy to openby mid-summer 2009. It’s an excellent and we’re glad to see it back in use fora food-relatesd business.” McDaniel said the plantt will focus on browhn and powdered sugar, U.S. Sugar’s core products.
He said Arkansa is a good, strategic location from the company’sw suppliers to the rest of the Tennessee, Mississippi receive $150,000 grants from foundationb Tennessee and Mississippi are among 11 statesd receiving grants fromthe Indianapolis-based for Education. The states will receive $150,000 each through the foundation’d Making Opportunity Affordable initiative to develop innovatived strategies in key policy areas to promoteproductivitty improvements. The states will be eligible to competee next year for upto five, $2 milliomn opportunity grants to implement thei plans over four years.
Those grants will be awarded next fall tofive
Saturday, February 12, 2011
Texas wind-power firms file to sell energy credits to N.C. utilities - Triangle Business Journal:
hundleyobajoji1908.blogspot.com
Three Texas wind farms await approval to register as renewableenergt facilities. Registration is a requiremenf of all renewable energyt projects built in the Butthese applications, filed by Houston-based energy development company Element Markets, signal the entry of out-of-statee companies angling to satisfy the demand that Northh Carolina utilities are going to create for renewablee generation due to new statwe requirements. The Public Staff, the utilities commission’s consumer arm, has reviewedr the files and recommends approval. North Carolina utilities won’yt be purchasing power from these Texaswind farms.
they will be able to buy the companies’ “renewable energg credits.” “You’re paying for the renewabl e attributes,” says James McLawhorn, director of the Public Staff’s Electric Renewable energy has a value beyond the energtitself – in the form of a renewablse energy credit, or REC, that can be bought and sold. North Carolina utilities would be interestesd in buying credits from Texas facilitiee to help them meet state targets forrenewable generation, McLawhorn The 2007 energy legislatiob Senate Bill 3 requires North Carolina utilities to generated 12.5 percent of their power from renewable sources by 2021.
Up to 25 percent of that requirementr can come frompurchasing out-of-statw RECs. The Texas wind facilitiess are large: a 79.8 megawattr facility in Hansford County and two 10 megawatt facilitiesw inMoore County. McLawhorn says the poweer from the facilities is purchased by Texas but the glut of wind generationh in Texas means they have RECsto spare. Element business includes trading renewable energy The prefers renewable generation be built within a particulart state so itsbenefits – the powerd generated and the jobs created stay in the state, says Wind Progra m Coordinator Brandon Blevins.
But he adds that building any new renewable energy facilit takes time and that utilities face a deadlinwe to meet the renewablegeneration targets. Purchasingb RECs allows a utilituy to more quickly get renewabl e generation intoits portfolio. Roger von professor of agricultural and resourcs economicsat , says the price of an REC is set by marketg forces. He expects demand for RECs to go up as demand for renewableenergy increases, and particularly if federak legislation creates additional requirements for utilities. Von Haefeh says that in some cases, RECs offet a less expensive way to supporgtrenewable generation.
If Texas has superior wind energy resources, directing North Carolina dollars to Texas makes economic sense because it will brinf more wind energy online at less he explains. But RECs don’ t always translate into additional investment inenergy generation. In some buying RECs pays the owners of the generation for something they would be doing Von Haefen is unfamiliar with the Texas but he says debates abougt RECs and carbon offsets center around whether thess policies create newrenewable “If we’re not, we’re not getting anything out of the policyu other than moving the credits aroun d and raising costs for North Carolinsa utility customers,” von Haefen says.
Three Texas wind farms await approval to register as renewableenergt facilities. Registration is a requiremenf of all renewable energyt projects built in the Butthese applications, filed by Houston-based energy development company Element Markets, signal the entry of out-of-statee companies angling to satisfy the demand that Northh Carolina utilities are going to create for renewablee generation due to new statwe requirements. The Public Staff, the utilities commission’s consumer arm, has reviewedr the files and recommends approval. North Carolina utilities won’yt be purchasing power from these Texaswind farms.
they will be able to buy the companies’ “renewable energg credits.” “You’re paying for the renewabl e attributes,” says James McLawhorn, director of the Public Staff’s Electric Renewable energy has a value beyond the energtitself – in the form of a renewablse energy credit, or REC, that can be bought and sold. North Carolina utilities would be interestesd in buying credits from Texas facilitiee to help them meet state targets forrenewable generation, McLawhorn The 2007 energy legislatiob Senate Bill 3 requires North Carolina utilities to generated 12.5 percent of their power from renewable sources by 2021.
Up to 25 percent of that requirementr can come frompurchasing out-of-statw RECs. The Texas wind facilitiess are large: a 79.8 megawattr facility in Hansford County and two 10 megawatt facilitiesw inMoore County. McLawhorn says the poweer from the facilities is purchased by Texas but the glut of wind generationh in Texas means they have RECsto spare. Element business includes trading renewable energy The prefers renewable generation be built within a particulart state so itsbenefits – the powerd generated and the jobs created stay in the state, says Wind Progra m Coordinator Brandon Blevins.
But he adds that building any new renewable energy facilit takes time and that utilities face a deadlinwe to meet the renewablegeneration targets. Purchasingb RECs allows a utilituy to more quickly get renewabl e generation intoits portfolio. Roger von professor of agricultural and resourcs economicsat , says the price of an REC is set by marketg forces. He expects demand for RECs to go up as demand for renewableenergy increases, and particularly if federak legislation creates additional requirements for utilities. Von Haefeh says that in some cases, RECs offet a less expensive way to supporgtrenewable generation.
If Texas has superior wind energy resources, directing North Carolina dollars to Texas makes economic sense because it will brinf more wind energy online at less he explains. But RECs don’ t always translate into additional investment inenergy generation. In some buying RECs pays the owners of the generation for something they would be doing Von Haefen is unfamiliar with the Texas but he says debates abougt RECs and carbon offsets center around whether thess policies create newrenewable “If we’re not, we’re not getting anything out of the policyu other than moving the credits aroun d and raising costs for North Carolinsa utility customers,” von Haefen says.
Thursday, February 10, 2011
Senate says airport screeners can unionize - Pacific Business News (Honolulu):
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Transportation Security Administrator Kip Hawley told a Senatd Homeland Security hearing Monday that this would be bad for national and President Bush has threatened to vetosuch Sen. Daniel Akaka, who chairs the committee, said not extending unioh rights threatens national security due to high turnovetr in the airport screener The matter potentially affects hundreds of airport security personnelin Hawaii.
"Since 2001, TSA has facex high attrition rates, high numbers of workers compensatiohn claims, and low employee moral which, in my opinion, is a directt result of a lack of employede rightsand protections," Akaka He acknowledges that attrition has eased Kip Hawley said there woulc be a "serious negative security impact" if additionaol collective bargaining rights were extendedf to the transportation security officers. Without detailing why, Hawley said that merelyg to implement collective bargaining would costTSA $160 million.
John national president of the , said the Capitoo Police have union contracts, and the nationapl security question is addressed by givin the chief of the force the power to suspenx contract provisionsin emergencies.
Transportation Security Administrator Kip Hawley told a Senatd Homeland Security hearing Monday that this would be bad for national and President Bush has threatened to vetosuch Sen. Daniel Akaka, who chairs the committee, said not extending unioh rights threatens national security due to high turnovetr in the airport screener The matter potentially affects hundreds of airport security personnelin Hawaii.
"Since 2001, TSA has facex high attrition rates, high numbers of workers compensatiohn claims, and low employee moral which, in my opinion, is a directt result of a lack of employede rightsand protections," Akaka He acknowledges that attrition has eased Kip Hawley said there woulc be a "serious negative security impact" if additionaol collective bargaining rights were extendedf to the transportation security officers. Without detailing why, Hawley said that merelyg to implement collective bargaining would costTSA $160 million.
John national president of the , said the Capitoo Police have union contracts, and the nationapl security question is addressed by givin the chief of the force the power to suspenx contract provisionsin emergencies.
Monday, February 7, 2011
Biz leaders seek action from state officials - Atlanta Business Chronicle:
afyfojahejus.blogspot.com
The executive committee of the spent its entire monthly meeting talking about the breakdown duringthis year’s legislativer session and how to prevent that from happening For Sam Williams, president of the Metrop Atlanta Chamber, the meeting demonstrated the level of frustratiom that exists in the business community. “It was the most spiritee discussion I’ve heard in 11 Williams said referring to his tenure at the But Williams said the overall tone waspositive -- focused on making elected officials more accountable to the business community’s agenda and on gettinfg results.
Of course, the Metro Atlanta Chamber has been workinf hard on itsagenda -- especially transportatiob and education -- for years with limitee results. Tom Bell, CEO of (NYSE: CUZ) and a past chairmanm of the chamber, said after the meeting that the issues are more importanttthan ever. “We’ve got to get the legislative bodiees to find ways to cooperate with one Bell said. “We want a governor who understand s that Atlanta is an important economicc engine for the state and understandsx the issues that confront themetrpo region.” Asked about the impact of Lt. Gov.
Case y Cagle withdrawing from the governor’x race on Wednesday, Bell said: “Certainly things are up in the John Rice, a vice chairma of who also is a formetr chamber chairman, was particularly disappointed the legislature did not pass a bill on schoo governance reform. “I think it’es ridiculous that a bill -- Senate Bill 84 -- that had the meritas and was approved by everybody who took a good lookat it, did not Rice said. “Elected officials, among have to be accountable for their CEORick Smith, who is the currentf chairman of the Metro Atlant Chamber, summed it up this way: “The entire businessa community was very let down.
” Bill president of for Georgiaz and South Carolina who will chaird the chamber next year, said it was time for the businesz community to step up its political “We want to move in a positive direction towardd finding the right peoplw who can shepherd this in the legislaturr going forward,” Linginfelter said. “We want to back peoplde who agree onour issues.” The businessx leaders are particularly targeting the 2010 gubernatorialk election, which will be a wide open race becausee Gov.
Sonny Perdue will have completed two terms in As RickSmith said: “We want to make sure that whoever is running for governor understands the platform that the business community is puttingb forward.”
The executive committee of the spent its entire monthly meeting talking about the breakdown duringthis year’s legislativer session and how to prevent that from happening For Sam Williams, president of the Metrop Atlanta Chamber, the meeting demonstrated the level of frustratiom that exists in the business community. “It was the most spiritee discussion I’ve heard in 11 Williams said referring to his tenure at the But Williams said the overall tone waspositive -- focused on making elected officials more accountable to the business community’s agenda and on gettinfg results.
Of course, the Metro Atlanta Chamber has been workinf hard on itsagenda -- especially transportatiob and education -- for years with limitee results. Tom Bell, CEO of (NYSE: CUZ) and a past chairmanm of the chamber, said after the meeting that the issues are more importanttthan ever. “We’ve got to get the legislative bodiees to find ways to cooperate with one Bell said. “We want a governor who understand s that Atlanta is an important economicc engine for the state and understandsx the issues that confront themetrpo region.” Asked about the impact of Lt. Gov.
Case y Cagle withdrawing from the governor’x race on Wednesday, Bell said: “Certainly things are up in the John Rice, a vice chairma of who also is a formetr chamber chairman, was particularly disappointed the legislature did not pass a bill on schoo governance reform. “I think it’es ridiculous that a bill -- Senate Bill 84 -- that had the meritas and was approved by everybody who took a good lookat it, did not Rice said. “Elected officials, among have to be accountable for their CEORick Smith, who is the currentf chairman of the Metro Atlant Chamber, summed it up this way: “The entire businessa community was very let down.
” Bill president of for Georgiaz and South Carolina who will chaird the chamber next year, said it was time for the businesz community to step up its political “We want to move in a positive direction towardd finding the right peoplw who can shepherd this in the legislaturr going forward,” Linginfelter said. “We want to back peoplde who agree onour issues.” The businessx leaders are particularly targeting the 2010 gubernatorialk election, which will be a wide open race becausee Gov.
Sonny Perdue will have completed two terms in As RickSmith said: “We want to make sure that whoever is running for governor understands the platform that the business community is puttingb forward.”
Saturday, February 5, 2011
Packers' 3-4 defense rises to the occasion - American Chronicle
okdsn-faanuya.blogspot.com
Packers' 3-4 defense rises to the occasion American Chronicle OK, the Packers' defensive coordinator _ one of the brightest minds behind the 3-4 _ wasn't speaking specifically about the Eagles. ... |
Wednesday, February 2, 2011
Macy
http://www.marykimani.com/?p=38
percent drop in same-store salezs in May, as consumers continues to put offunnecessary spending. The Cincinnati-basedc department store chain said sales at stores open at leasft a year are in line withmanagement expectations. Total sales declined to $1.7 billion from $1.9 billion a year ago, or 9.5 For the year, Macy’s said its same-store sale s declined by 9.1 percent, with totak sales down 9.5 to $6.9 billion from $7.7 Macy’s (NYSE: M), like most retailers, has been strugglinfg to attract parsimonious shoppers whiler not giving away the storwe throughdeep discounts, a strategyy that erodes profit margins.
But recent reportsd regarding rising manufacturing activity and home salews gave a lift to retail stocksd earlier inthe week, basesd on hopes that consumers mighrt be encouraged to go out and splurge on a few summer Total May retail sales were projecter to drop by 3.6 percent, according to Retaipl Metrics, a Massachusetts firm that tracks store This compares with a 2.7 percent decline in Department stores were forecast to post the weakestr results, down 8.5 percent, with “discretionary spending still in according to its monthly report. Analysts surveyed by Thomsob Reutersexpected Macy’s to post a same-storde sales decline of 9.3 percent. Shares in Macy’s closed at $12.
90, down 3 percent or 42 cents, Many retailers posted sales that fell shortof expectations. In the Walmart (NYSE: WMT), which typically outperformsz the industry, stopped reporting its same-store sales as of this Walmart on Thursday said iin 2009. Dillard’s (NYSE: DDS) said sales fell 12 worse than the 8 percent declineanalysts expected. J.C. Penney (NYSE: JCP) postedd a sales drop of 8.2 while analysts expected negative 9.6 percent. • Saks Inc. SKS) reported a 26.6 percent fall, due in part to the reschedulint of a sales evenytto June. • Target Corp. (NYSE: TGT) said its same-storee sales were down by 6.1 percent, short of predictions of a 4.3 percen decline.
• Kohls (NYSE: KSS) postef a 0.4 percent slip on beating expectations ofa 3.8 perceny decline. • Limited Brands (NYSE: LTD) reported a 7 percent in linewith projections. • The Gap Inc. (NYSE: GPS) said its same-storse sales fell by 6 compared with expectations of a 5percent Macy’s has projected full-year profits of 40 cents to 55 cents per share, excluding restructuring costs stemminh from its companywide reorganization, part of its My Macy’d merchandising program.
That said, the retaile hedged that it will beat this guidance if the economt improves in the second half of the Annual sales, it has said, are expectedd to decline by 6 percent to 8 with spring expected to be weaker than the fall, in part due to strongerd performances last spring. Cincinnati-based Macy’s operatee roughly 845 department stores under thenames Macy’s and
percent drop in same-store salezs in May, as consumers continues to put offunnecessary spending. The Cincinnati-basedc department store chain said sales at stores open at leasft a year are in line withmanagement expectations. Total sales declined to $1.7 billion from $1.9 billion a year ago, or 9.5 For the year, Macy’s said its same-store sale s declined by 9.1 percent, with totak sales down 9.5 to $6.9 billion from $7.7 Macy’s (NYSE: M), like most retailers, has been strugglinfg to attract parsimonious shoppers whiler not giving away the storwe throughdeep discounts, a strategyy that erodes profit margins.
But recent reportsd regarding rising manufacturing activity and home salews gave a lift to retail stocksd earlier inthe week, basesd on hopes that consumers mighrt be encouraged to go out and splurge on a few summer Total May retail sales were projecter to drop by 3.6 percent, according to Retaipl Metrics, a Massachusetts firm that tracks store This compares with a 2.7 percent decline in Department stores were forecast to post the weakestr results, down 8.5 percent, with “discretionary spending still in according to its monthly report. Analysts surveyed by Thomsob Reutersexpected Macy’s to post a same-storde sales decline of 9.3 percent. Shares in Macy’s closed at $12.
90, down 3 percent or 42 cents, Many retailers posted sales that fell shortof expectations. In the Walmart (NYSE: WMT), which typically outperformsz the industry, stopped reporting its same-store sales as of this Walmart on Thursday said iin 2009. Dillard’s (NYSE: DDS) said sales fell 12 worse than the 8 percent declineanalysts expected. J.C. Penney (NYSE: JCP) postedd a sales drop of 8.2 while analysts expected negative 9.6 percent. • Saks Inc. SKS) reported a 26.6 percent fall, due in part to the reschedulint of a sales evenytto June. • Target Corp. (NYSE: TGT) said its same-storee sales were down by 6.1 percent, short of predictions of a 4.3 percen decline.
• Kohls (NYSE: KSS) postef a 0.4 percent slip on beating expectations ofa 3.8 perceny decline. • Limited Brands (NYSE: LTD) reported a 7 percent in linewith projections. • The Gap Inc. (NYSE: GPS) said its same-storse sales fell by 6 compared with expectations of a 5percent Macy’s has projected full-year profits of 40 cents to 55 cents per share, excluding restructuring costs stemminh from its companywide reorganization, part of its My Macy’d merchandising program.
That said, the retaile hedged that it will beat this guidance if the economt improves in the second half of the Annual sales, it has said, are expectedd to decline by 6 percent to 8 with spring expected to be weaker than the fall, in part due to strongerd performances last spring. Cincinnati-based Macy’s operatee roughly 845 department stores under thenames Macy’s and
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