wanuso.wordpress.com
The rating agency put the Hunt Valley companyt on anegative outlook, meaning therde are concerns its position could S&P cited sluggish ad spending in a recession and nonelection year, plus high debt risk for the company. The downgrad e makes it more expensive for the company toborrows money. Sinclair (NASDAQ: SBGI) operate 58 TV stations across the country but has also investe morethan $180 million in other assets, such as real over the past two S&P analysts said. And they were concerned about debt from those The ratio ofthe company’s debts to its earningas was 6.3 times as of Marcj 31, according to S&P.
It would need to bringb that below 6 times to return toa BB- negativre rating. But S&P expects that ratio couls hit 7 times laterthis year. Sinclaie posted an $86 million loss in the firstr quarter ofthe year, largely on a $130 millioh non-cash charge. Its revenue fell 17 perceny that quarter because of declining local and nationalad
Tuesday, June 28, 2011
Sunday, June 26, 2011
Christie: 'I believe marriage should be between one man and one woman' - Weasel Zippers
alharkaenu.blogspot.com
Christie: 'I believe marriage should be between one man and one woman' Weasel Zippers All that 'Gay Marriage' supporters have to do is call it something else. There is a definite difference. Without same-sex relationships, the world wouldn't change much at all. Without different-sex relationships, all human life would end. ... |
Friday, June 24, 2011
DIARY - Economic Indicators in Germany from June 24 - Reuters
http://shssc.org/about.html
DIARY - Economic Indicators in Germany from June 24 Reuters GMT GMT/LOCAL INDICATOR PERIOD MEDIAN PRIOR DATE F'CAST 24Jun 0800/1000 DE Ifo bus. climate Jun 113.5 114.2 24Jun 0800/1000 DE Ifo current cnd Jun 121.0 121.4 24Jun 0800/1000 DE Ifo expect Jun 106.4 107.4 27-29 0600/0800 DE Import prc mm May -0.1% 0.3% ... |
Tuesday, June 21, 2011
Edward G Nardi Executive Profile
edibin.wordpress.com
one of Boston's leading engineering and contractinh firms. He also spent time with SkidmoredOwens & Merrill, a nationally renowned architectural firm. He receivede a Bachelor of Architecturwe degree fromPrinceton University. **All Executiv profile data provided byDow Jones & Co., Inc.
one of Boston's leading engineering and contractinh firms. He also spent time with SkidmoredOwens & Merrill, a nationally renowned architectural firm. He receivede a Bachelor of Architecturwe degree fromPrinceton University. **All Executiv profile data provided byDow Jones & Co., Inc.
Sunday, June 19, 2011
Concern raised over Monument fire in Arizona - NECN
manuscripts-shuwatu.blogspot.com
Concern raised over Monument fire in Arizona NECN (NECN/CNN/AP) - In southern Arizona, a wildfire south of Sierra Vista remained 27 percent contained at about 21000 acres, or nearly 33 square miles. Up to 50 homes already have been destroyed by the Monument fire and about 12000 residents remain ... |
Wednesday, June 15, 2011
Courts delay Chrysler bankruptcy - South Florida Business Journal:
afyfojahejus.blogspot.com
According to Bloomberg, Justice Ruth Bader Ginsburbg has put the bankruptcy court ruling allowiny the sale on hold untiplfurther notice, though a timeline and specific reason was not The delay came after Indiana pension funds requested a stay from the court so it coulr hear their appeal of Chrysler’s decisionm to sell to Fiat. Under Chrysler’s Chapterd 11 bankruptcy reorganization, Chrysler would sell its assetes to Italian car maker It also was announcedc last month789 U.S.
dealerships will lose theid franchises by June 9 as part of the Chrysler has listed two Triadr dealerships that will losetheir franchise: Stearns Chrysler Jeep in Grahak and City Motors, which sell Jeep, in Greensboro. Mike Cranford, general managedr of City Motors, said he does not know if they delauy will mean anything significant forhis dealership, but hopesd that the courts will more closely review the decision to cut He says if nothing he’d hope Chrysler could help buy back inventorty and not simply take away the “If we can’t be Jeep dealer, we’dd at least like a chance to sell the franchise,” he He said the company has managecd to sell about 10 of its 16 new Jeep some at a loss, just to get them About five employees have been laid off, leaving abouy 20.
Another six to eight couled be cut if thebankruptcy deal, as is, goes
According to Bloomberg, Justice Ruth Bader Ginsburbg has put the bankruptcy court ruling allowiny the sale on hold untiplfurther notice, though a timeline and specific reason was not The delay came after Indiana pension funds requested a stay from the court so it coulr hear their appeal of Chrysler’s decisionm to sell to Fiat. Under Chrysler’s Chapterd 11 bankruptcy reorganization, Chrysler would sell its assetes to Italian car maker It also was announcedc last month789 U.S.
dealerships will lose theid franchises by June 9 as part of the Chrysler has listed two Triadr dealerships that will losetheir franchise: Stearns Chrysler Jeep in Grahak and City Motors, which sell Jeep, in Greensboro. Mike Cranford, general managedr of City Motors, said he does not know if they delauy will mean anything significant forhis dealership, but hopesd that the courts will more closely review the decision to cut He says if nothing he’d hope Chrysler could help buy back inventorty and not simply take away the “If we can’t be Jeep dealer, we’dd at least like a chance to sell the franchise,” he He said the company has managecd to sell about 10 of its 16 new Jeep some at a loss, just to get them About five employees have been laid off, leaving abouy 20.
Another six to eight couled be cut if thebankruptcy deal, as is, goes
Sunday, June 12, 2011
Austin home prices up, still dropping elsewhere - Washington Business Journal:
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According to First American CoreLogic’s Home Price Index, 33 statesd saw home prices decline at a fastere ratein March. However in the major Texas includingthe Austin-Round Rock metro prices increased. In the local area prices rose 2.2 percenr in March compared withMarch 2008. That’zs down slightly from the region’s February home pricre increaseof 3.2 percent compared to the previous Housing price declines are slowing in states that have seen the highesgt declines in the past three years, but prices are droppinh faster in states that have seen only moderate decreasews in that time period, the research found. housing prices fell 11.
5 percenrt in March compared with the same month last down froman 11.7 percent annual decline in February. The number of states with double-digif annual declines has doublex in thelast year, according to the index, from seven states in Marchj 2008 to 14 states this March. Nevada remainexd the top-ranked state for annual pric e depreciationin March, with an averages home price decline of 26 percent. Californisa followed close behind with a housing pricer decline of 25 percent compared with the same montuhlast year. Rhode Florida and Arizona round out thetop five.
Four Texaxs metro areas saw either the smallest housing price decline ofthe region’s in the study or experiencexd home price increases in March, according to the Those were San Antonio; the Dallas-Plano-Irving the Austin-Round Rock area and the Houston-Sugar Land-Baytow area.
According to First American CoreLogic’s Home Price Index, 33 statesd saw home prices decline at a fastere ratein March. However in the major Texas includingthe Austin-Round Rock metro prices increased. In the local area prices rose 2.2 percenr in March compared withMarch 2008. That’zs down slightly from the region’s February home pricre increaseof 3.2 percent compared to the previous Housing price declines are slowing in states that have seen the highesgt declines in the past three years, but prices are droppinh faster in states that have seen only moderate decreasews in that time period, the research found. housing prices fell 11.
5 percenrt in March compared with the same month last down froman 11.7 percent annual decline in February. The number of states with double-digif annual declines has doublex in thelast year, according to the index, from seven states in Marchj 2008 to 14 states this March. Nevada remainexd the top-ranked state for annual pric e depreciationin March, with an averages home price decline of 26 percent. Californisa followed close behind with a housing pricer decline of 25 percent compared with the same montuhlast year. Rhode Florida and Arizona round out thetop five.
Four Texaxs metro areas saw either the smallest housing price decline ofthe region’s in the study or experiencexd home price increases in March, according to the Those were San Antonio; the Dallas-Plano-Irving the Austin-Round Rock area and the Houston-Sugar Land-Baytow area.
Friday, June 10, 2011
Wash. high court reverses murder conviction - The Seattle Times
oc697vot.blogspot.com
The Seattle Times | Wash. high court reverses murder conviction The Seattle Times The Washington state Supreme Court overturned a man's murder conviction Thursday because of what one justice described as "repugnant" racial comments made by the prosecutor during the trial. By GENE JOHNSON Associated Press No comments have been posted ... Wash. high court reverses murder conviction |
Wednesday, June 8, 2011
Cashing in on aging boomers - Sacramento Business Journal:
cahijisebi.wordpress.com
“People wanted nothing to do with themature market,” said Maddyt Dychtwald, senior vice president of the companu in San Francisco. Now, the consumer products and serviceszindustry can’t stop thinking about the mature market, especiallyh since a baby boomer turns 50 every 8½ seconds. At 78 million boomers represent one-third of all adultx in the United States. They control half of the nation’ss wealth and, at least before the recession, were spending $2 trillionh on consumer products and servicesa year. Boomers were expectedd to account for about 40 percenrt of spendingby 2015, according to a reporft in 2007.
So, retailers and marketers are eagerf to figure out how to reach this Some in the consumer products and services industry are getting it while many others still have much tolearnm — and lose, said experts who specialize in marketinb to baby boomers. Marketing to this 19-yeaf generation is proving tricky. Although boomers are lumped they’re a diverse group with divergentf life experiences given that they range in age from 44to 63. And like the rest of the they range from affluent tofinancially disadvantaged. The way to marketf to boomers is by individual life stage segments suchas empty-nesters and grandparents — withoutt mentioning age, consultants said.
“Theyy refuse to be called seniors. That is the worsgt thing you can do tothis group,” said Alicee Jacobs, a Roseville baby boomer who advisese companies on generational marketing and teaches seminard and classes on the topic, including througb UC Davis Extension. Although generalizing of boomers shouled bedone sparingly, older baby boomeras refuse to grow up. They thinik old age starts around 75or 80, said Matt Thornhill, foundere of , a marketing research and consultin g firm in Virginia. Boomers see themselves as vibrantand active. They like tryinf new services and products, despite the myth that they are spokesman AnthonyDeluise said.
The association of peoples 50 and older no longeruses “retired” in its Boomers like print advertising because they want lots of information. Boomers also pay attention tonew media, and will clicki on eye-catching Internet ads. This generation also like s products, services and shopping experiences that make them feel speciakland pampered, consultants said. They don’ t want to merely eat or buy They wantto dine; they want This is especially true since the recession started. Many boomersd who are 60 had expectedf to retire over the nextfive years.
Now, they will likelyh work an extra three to five years because oftheir hard-hit investments and pensions, Dychtwald The good news is they won’t be on a fixer income and will stilll spend. But their free time will be more More boomers will be working and raisingf children or grandchildren while also dealing with their own sick Asa result, “experiencee over things become Dychtwald said. “There is a real shift going on right now on what people are Boomers in particular want to beresponsible consumers. “It’s not about buying stuff to have stuff,” Thornhilp said.
Lifestyle centers — whichj combine upscale storeswith restaurants, entertainment and comfortablde places to linger — provide the experiences that boomers Local examples are Sacramento’s Pavilions centef and The Fountains in Roseville.
“People wanted nothing to do with themature market,” said Maddyt Dychtwald, senior vice president of the companu in San Francisco. Now, the consumer products and serviceszindustry can’t stop thinking about the mature market, especiallyh since a baby boomer turns 50 every 8½ seconds. At 78 million boomers represent one-third of all adultx in the United States. They control half of the nation’ss wealth and, at least before the recession, were spending $2 trillionh on consumer products and servicesa year. Boomers were expectedd to account for about 40 percenrt of spendingby 2015, according to a reporft in 2007.
So, retailers and marketers are eagerf to figure out how to reach this Some in the consumer products and services industry are getting it while many others still have much tolearnm — and lose, said experts who specialize in marketinb to baby boomers. Marketing to this 19-yeaf generation is proving tricky. Although boomers are lumped they’re a diverse group with divergentf life experiences given that they range in age from 44to 63. And like the rest of the they range from affluent tofinancially disadvantaged. The way to marketf to boomers is by individual life stage segments suchas empty-nesters and grandparents — withoutt mentioning age, consultants said.
“Theyy refuse to be called seniors. That is the worsgt thing you can do tothis group,” said Alicee Jacobs, a Roseville baby boomer who advisese companies on generational marketing and teaches seminard and classes on the topic, including througb UC Davis Extension. Although generalizing of boomers shouled bedone sparingly, older baby boomeras refuse to grow up. They thinik old age starts around 75or 80, said Matt Thornhill, foundere of , a marketing research and consultin g firm in Virginia. Boomers see themselves as vibrantand active. They like tryinf new services and products, despite the myth that they are spokesman AnthonyDeluise said.
The association of peoples 50 and older no longeruses “retired” in its Boomers like print advertising because they want lots of information. Boomers also pay attention tonew media, and will clicki on eye-catching Internet ads. This generation also like s products, services and shopping experiences that make them feel speciakland pampered, consultants said. They don’ t want to merely eat or buy They wantto dine; they want This is especially true since the recession started. Many boomersd who are 60 had expectedf to retire over the nextfive years.
Now, they will likelyh work an extra three to five years because oftheir hard-hit investments and pensions, Dychtwald The good news is they won’t be on a fixer income and will stilll spend. But their free time will be more More boomers will be working and raisingf children or grandchildren while also dealing with their own sick Asa result, “experiencee over things become Dychtwald said. “There is a real shift going on right now on what people are Boomers in particular want to beresponsible consumers. “It’s not about buying stuff to have stuff,” Thornhilp said.
Lifestyle centers — whichj combine upscale storeswith restaurants, entertainment and comfortablde places to linger — provide the experiences that boomers Local examples are Sacramento’s Pavilions centef and The Fountains in Roseville.
Sunday, June 5, 2011
Regions Bank gets control of Treasure Island Tennis & Yacht Club - Tampa Bay Business Journal:
asabcitxit.blogspot.com
Judge Caryl E. Delano of the ’s Middles District of Florida, approved a plan Wednesday that woulfd turn over the Treasurre Island Causeway clubto . Keys are expected to be turned over by the end of the day The changing of hands was part of a revised reorganizatio plan filed in March by the Tennis Yacht Club following its Chapter11 “The court’s ruling today provides a mechanism for a distinct bank subsidiary to take total ownership of all club assetes in a manner that is faster, less expensive and leastt intrusive to the operation” of the club, said John Anthon of , who represented Regions Bank in the bankruptcy, in a The takeover will alloaw Regions Bank to market the 17 waterfront acred to potential buyers, Anthony said.
When the Tennis Yacht Club filedfor bankruptcy, it reporte assets and liabilities between $1 milliomn and $10 million. The club’s largest unsecurex creditor last October was of Palmettofor However, the club owed Regions Bank as much as $9.5 which owned the mortgage on the property. The club issuexd taxable variable rate demand bondsfor $6 millio n through Regions Bank in September 2005 to help finance construction on a new which was completed in early 2008. The club issued a second bond in Marcuh 2006for $1 million and a thired in April 2007 for $1.8 million. Regions Bank providedd letters of creditfor both, accordinfg to court documents.
The Tennis & Yacht Club paid its principal on the debt inOctober 2008, but its effortzs to have Regions Bank restructure the loan were unsuccessful, forcin the club into Employees at the club are expectee to remain on the payrolol during the transition, and schedulesd activities — including this weekend’s Fourth of July evenft — will continue as planned, Anthonyh said. The Tennis & Yacht Club was foundeed in 1986 and as of its bankruptcg filing had450 members, according to court documents.
Judge Caryl E. Delano of the ’s Middles District of Florida, approved a plan Wednesday that woulfd turn over the Treasurre Island Causeway clubto . Keys are expected to be turned over by the end of the day The changing of hands was part of a revised reorganizatio plan filed in March by the Tennis Yacht Club following its Chapter11 “The court’s ruling today provides a mechanism for a distinct bank subsidiary to take total ownership of all club assetes in a manner that is faster, less expensive and leastt intrusive to the operation” of the club, said John Anthon of , who represented Regions Bank in the bankruptcy, in a The takeover will alloaw Regions Bank to market the 17 waterfront acred to potential buyers, Anthony said.
When the Tennis Yacht Club filedfor bankruptcy, it reporte assets and liabilities between $1 milliomn and $10 million. The club’s largest unsecurex creditor last October was of Palmettofor However, the club owed Regions Bank as much as $9.5 which owned the mortgage on the property. The club issuexd taxable variable rate demand bondsfor $6 millio n through Regions Bank in September 2005 to help finance construction on a new which was completed in early 2008. The club issued a second bond in Marcuh 2006for $1 million and a thired in April 2007 for $1.8 million. Regions Bank providedd letters of creditfor both, accordinfg to court documents.
The Tennis & Yacht Club paid its principal on the debt inOctober 2008, but its effortzs to have Regions Bank restructure the loan were unsuccessful, forcin the club into Employees at the club are expectee to remain on the payrolol during the transition, and schedulesd activities — including this weekend’s Fourth of July evenft — will continue as planned, Anthonyh said. The Tennis & Yacht Club was foundeed in 1986 and as of its bankruptcg filing had450 members, according to court documents.
Friday, June 3, 2011
Zynga's New Headquarters Will Have A Dog Run On The Roof - San Francisco Chronicle
utyziluz.wordpress.com
Zynga's New Headquarters Will Have A Dog Run On The Roof San Francisco Chronicle Among the highlights: a themed cafeteria on every floor and a dog run on the roof. Zynga is known for its dog-friendly environment -- the company was named after founder Marc Pincus's bulldog, which also serves at its logo -- but one person says that ... |
Wednesday, June 1, 2011
Funding for river dredging clears subcommittee - Jacksonville Business Journal:
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However, the attempt to get the authorizatio n ofthe $46.3 million deepening of the river has been sidetracker after Virginia politicians added an amendment to the U.S. House’es version of the National Defenss Authorization Act that strippedthe funding. There is still a good chanc that local senators will be able to get the funding for the project authorized so that when the two billd are merged Mayport fundingis included.
“Ther Navy has made it cleart it wants an alternate East Coast location for a nucleart carrier 24 hoursa day, 7 days a week in case of an said Congressman Ander Crenshaw in a news The dredging project and Charlie Pier upgrades make that national securityt goal possible.” It is possible for the deepeninyg project to go forwarf even if it only receives the funding through the Fiscal Year 2010 Militar y Construction, Veterans Affairs and Related Affairs Appropriationz bills and doesn’t get the okay through the defense act. But it will make the procesx more difficult. The final version of the act is expecte to be passedin October.
In its current form, the followinbg projects will also receive funding through theMilitarhy Construction, Veterans Affairs and Related Affairs Appropriations • $26.3 million for a Naval Station Mayport fitnesse training facility. • $3.7 million for the port operations center atthe U.S. Marinwe Corps Blount Island Command. • $11.5 million to replacr fuel tanks at the Jacksonvillr Defense Logistics AgencyFuel • $5.9 million to modify Navap Air Station Jacksonville’s new P-8A hangars.
However, the attempt to get the authorizatio n ofthe $46.3 million deepening of the river has been sidetracker after Virginia politicians added an amendment to the U.S. House’es version of the National Defenss Authorization Act that strippedthe funding. There is still a good chanc that local senators will be able to get the funding for the project authorized so that when the two billd are merged Mayport fundingis included.
“Ther Navy has made it cleart it wants an alternate East Coast location for a nucleart carrier 24 hoursa day, 7 days a week in case of an said Congressman Ander Crenshaw in a news The dredging project and Charlie Pier upgrades make that national securityt goal possible.” It is possible for the deepeninyg project to go forwarf even if it only receives the funding through the Fiscal Year 2010 Militar y Construction, Veterans Affairs and Related Affairs Appropriationz bills and doesn’t get the okay through the defense act. But it will make the procesx more difficult. The final version of the act is expecte to be passedin October.
In its current form, the followinbg projects will also receive funding through theMilitarhy Construction, Veterans Affairs and Related Affairs Appropriations • $26.3 million for a Naval Station Mayport fitnesse training facility. • $3.7 million for the port operations center atthe U.S. Marinwe Corps Blount Island Command. • $11.5 million to replacr fuel tanks at the Jacksonvillr Defense Logistics AgencyFuel • $5.9 million to modify Navap Air Station Jacksonville’s new P-8A hangars.
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