Friday, December 31, 2010

Academic Team honoree: Joelle Crabtree - Business First of Buffalo:

oryucyjofec1482.blogspot.com
Accomplishments: National Merit Scholarship finalist. Clas s valedictorian. SAT score of 1,510. Perfect score on four Regents Namedto All-County Band and All-County Captain of volleyball Full name: Joelle Carmen Crabtree. February 11, 1991, Buffalo. Lynn Crabtree, Tom Crabtree. Residence: Favorite class: U.S. history (taught by David Kean). “It was the firsgt college-level course I took, so the difficult was a challenge that definitely servecd as awakeup call.” Collegwe and likely major: , liberal arts. Hope to be doing 10 years from now: “jI hope to settle somewhere inthe Northeast, but to travepl to Europe at least once.
Hopefully before ten yearas is up, I’ll be at a point in my life wherr I can starta family.” If could meet anyone from history: William “I’d bring him a copy of ‘Braveheart’ and ask him how he likes Mel Gibson’s speech.” If could have dinnedr with anyone now Kim Jong-il. “It would be fascinating to hear viewas of the world from a perspective so completely opposite toeverything I’ve been exposed to.” to proceed to the next Firsy Team honoree: Isabel Farhi.

Tuesday, December 28, 2010

William D. Miller Executive Profile

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Recent News About William D. Milletr  [Forbes.com]  [Freshnews.com] **All Executive profile data providedf byDow Jones & Co., Inc.

Sunday, December 26, 2010

The Smart Collector: Values of German steins, inherited items vary - Arizona Daily Star

zvonkovaleoqim.blogspot.com


The Smart Collector: Values of German steins, inherited items vary

Arizona Daily Star


Q: My inherited cast iron shoe repair stand has a patent date of Dec. 24, 95. Does the 95 refer to 1795 or 1895? The earlier date would refer to my ...



Thursday, December 23, 2010

La Madeleine chooses new HQ site in Dallas - Charlotte Business Journal:

http://uacourting.com/24.html
La Madeleine said it will relocate into 17,000 square feet at 12201 Merirt Drive in Dallas. The building that will house the restaurant chain is a Class A buildiny that just recentlyunderwent renovation. Le Madeleins signed a 10-year lease with Parmenter Two Forest LP for the La Madeleine said it was attracted to the space becauswe the facility provides the company with the room needee to grow withthe Dallas-based architectural firm Benson and Hlavaty will design the interior The facility is schedule d to be ready for its new tenants in La Madeleine's current headquarters is at 6688 N. Centrakl Exwy, Ste. 700 in Dallas.
La Madeleind was represented byJosh White, senior vice president with ; and Sharroh Morrison, principal with Transwestern. The landlord was represented byMatt Schendle, vice president with .

Tuesday, December 21, 2010

Textron cancels Cessna Columbus program - Wichita Business Journal:

http://goforadventure.com/scuba_classes.html
In April, the company announced it would suspend the leading Cessna leaders to say it woul d only be a mattedr of time until the projectcame back. But in Thursday’s filingy with the SEC, Textron (NYSE:TXT) said “Upon additional analysis of the business-jet market related to this product offering, we decided to formallyt cancel further development of the Citation Columbus.” Textronb says it already had incurree about $50 million in capitalized toolingb and facility costs related to the project. It says it will recorc a non-cash pre-tax charge of about $43 million for the first two quarterxs of 2009 to reflect the impairmengt of the facility andtooling assets.
Wichita Mayor Carl Brewer, who was in Denveer Friday at a conference, had not heard the Columbusa project was being canceled untilo asked about it by the WichitaBusineses Journal. “I’m disappointed,” Brewer “... We believe this is part of the futurew for the cityof Wichita. We’re just reallt disappointed that it At thesame time, he says, he understands the economic climate has forced businessesz to make tough decisions. The projectf was to have builtg 600,000-square-foot final assembly building at Cessnaq where the majority ofthe $27 millioj business jet would be built. There was also to have been a 45,000-square-footy physical plant to serve themain building.
Construction costs were expected tobe $200 millionb and bids were put out in March. • • • • Kan.-based Inc. Apart from the loss in construction the Wichita area now appears to have lost out for good onthe 1,00p direct jobs and the 3,000 spin-offc jobs the program was estimated to It also appears likely that Cessnq will have to pay back the $10 milliom it received in city and county incentivesw and the $33 milliomn it received from the state for the Like Brewer, Sedgwick County Commissioner Tim Nortomn says he is disappointed to hear the news of the “I think most Wichitans and the business communityu looked at that as a big he says.
“It takes a little bit of the wind out of the sailds for Cessna andgeneral aviation. It couldc have been a huge boost to Wichit a over the next couple years and I think everybody saw Norton says he hopexs the project will be able to return somewhere downthe line. The businessz plan that was put in he says, still could be a good fit.

Saturday, December 18, 2010

K-State sputters in 57-44 loss to Florida. - Kansas City Star

oryucyjofec1482.blogspot.com


Kansas City Star


K-State sputters in 57-44 loss to Florida.

Kansas City Star


K-State's Curtis Kelly (right) fought for a loose b »

Monday, December 13, 2010

St. Francis, HMC fight over hospital deal - Kansas City Business Journal:

obovadugibe.blogspot.com
million in loan payments to St. Franciws Healthcare System of Hawaii during its 10 monthw in bankruptcy and is planning to sue the sisterszof St. Francis, claiming that the hospitals were over valued at the time of the sale inJanuaryt 2007. According to papers filed this week inbankruptct court, St. Francis, which sold its Lilihwa and Ewa hospitalsfor $68 million, is objecting to a reorganizatiobn plan filed by HMC on March 30. The plan claims that the sale wasa "fraudulenyt transfer" and that the price shouldr be lowered retroactively, according to St. Francis' court "Rather than blaming their failure on the Sisterwof St.
Francis, it is time for Hawaii Medical Center to admit that ithas failed,"saied Sister Agnelle Ching, St. Francis chied executive officer. Badr Idbeis, chairman of the Hawaiui MedicalCenter board, "We're trying to ask the judges to reduce the amount of We have no intention of ever suin St. Francis. If our reorganizationn plan is approved we will bedefinitely successful." HMC filed for Chapterf 11 bankruptcy reorganization last August to buy time to reverse it money-losing operation and prevent the closure of its two hospitalx after one of its lenders threatened to freeze operating St.
Francis is asking the bankruptcg court to allow other interestef parties to submitreorganization plans. St. Francias claims that at the time of the HMC made only the down paymentof $6.5 milliobn in cash for the hospitals. The rest — $40.12 million and working capital financingof $8.9y million — was financed by St. Hawaii Medical Center agreed topay $1 million per year over 25 yearxs in monthly land lease payments to St. HMC’s failure to maintain its financial commitment hasimpacted St. Francis' health care ministries. HMC also failed to financ capital improvements, which was a major facto r in St.
Francis’ decision to selecf HMC as the buyerf forthe hospitals, St. Francis said in a press “We did not want to file an objection, but we were given no choice becauseof HMC’s claims in its proposed plan of said Sister Agnelle HMC, the state's only for-profit hospitals, was formed as a partnership of CHA an affiliate of , and more than 130 Hawaii-based doctorxs under Hawaii Physician Group LLC.

Saturday, December 11, 2010

This Bauer bankruptcy traces back to Spiegel events - San Antonio Business Journal:

elzeyfirekuut1795.blogspot.com
In 2003, , which had owned Eddie Bauere since 1988, filed for bankruptcy protection. And as part of the the company famous forits women’s wear catalob gave its creditors its stake in Eddie So, in 2005, Eddie Bauer emerged as a stand-alones company for the first time in 34 The company also emerged with a $300 millio n senior secured term loan agreemen with lenders and the task of rebuildin a brand that had drifted away from the company’se roots. Under Spiegel, grew from 58 to 399 retail stores and from threr to102 outlets. The company also addee internet sales.
But it also was a time when the Eddie Bauere brand lostits focus, as the company shiftee from its heritage as an outdoor outfitter to a seller of casuap clothes targeted primarily at women. Company executives have said the debt termd from the Spiegel bankruptcy case have continued to hampedr efforts to turn things around atEddid Bauer. Despite efforts to recaptur e some of the old Eddie Bauer has not been able to establisn a sustainable run of profitable The company racked up nine consecutivee quartersof loses, and has seen lossexs of nearly a half-billion dollars in the past thre years.
The struggle became a financial crisis as the recession has worsened and consumers haveslowed

Wednesday, December 8, 2010

In North Pole, Alaska, Christmas is a year-round labor of love for Santa's helpers - Los Angeles Times

http://www.bw321.com/testimonials.php


Telegraph.co.uk


In North Pole, Alaska, Christmas is a year-round labor of love for Santa's helpers

Los Angeles Times


Though south of Fairbanks, the sm »

Monday, December 6, 2010

Senators expect deal on tax cuts, unemployment aid - Los Angeles Times

http://aaa-finance.net/lights-camera-action.htm


Moneycontrol.com


Senators expect deal on tax cuts, unemployment aid

Los Angeles Times


Leaders from both parties see a compromise in the offing on renewing Bush-era tax cuts for  »

Friday, December 3, 2010

The future of The Park in Charlotte - Dayton Business Journal:

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The sale set for 10 a.m. at the Charlottd office of law firm is the third auction for the residential condo project in less than a The foreclosed property at the cornet of South Caldwell and Third streetxs has been in and out of federalbankruptcuy court. A signed sales agreement in late 2008 fell apart aftefr investment partners bickered inopen court. And construction work has been froze n for18 months. The Park is stilll missing its exterior skin and has been exposefd to weatherand vandals. “In terms of broken there are many across the country in asimilar state,” says Laxson Boyd, a principall at Wisconsin-based . “But this one has unique It’s very visible.
” Or, as Charlottw condo developer David Furmanputs it: “It’s a reminder every day of how bleak things are.” Further delahy on a sale will likelg lead to more deterioration of the property. “I isn’t an asset that can be held until themarkett improves,” Boyd says, adding the auction is “an efforft to accelerate the process.” Boyd is handlingy the sale of The Park for the lendeer that foreclosed on the property — , a subsidiarg of in Wisconsin. Longtime local engineetr Pete Verna lost the propertt after his development company defaultedon $28. million owed on a $30.69 million constructiohn loan.
BB Syndication bought the buildinbgfor $14.2 million at the property’s second foreclosure auctiomn in December. It was the only bidder. Next month’se sale should be livelier. At leasft 15 suitors have signesd up forthe “naked” auction. means there will be no minimumopening bid, Boyd says. “All bids will be That being said, BB Syndication reserves the right to rejecy an offer that istoo low, he says. The lender wouls still consider aprivatse sale, he says. Offers have been made but at prices belosw what BB Syndication believes the property is An open auction will let the markeyt speak onThe Park’s prope value, Boyd says.
“My personalp experience in this situation is the market keepitself honest.” More than 60 inquiries have been made regardin g the auction, and 15 parties have pre-registered. On Wednesday, a potentiao bidder was given a tour of the Interest hasbeen widespread, from small private investords to investment funds and nationalk development companies. Some hail from California, New Florida, Georgia and but most — about 60% — are from the Not on the list: the city of This month, Mayor Pat McCrory suggeste d using The Park for affordable housing and asked city staffers to lookinto it. But city officialsz said this weekthey won’ be making an offer.
The Park is about 55% to 80% according to varying estimates. Summit Shores the development group that defaulted ona $19 millio n deal from the tower’s first foreclosure auction in Augustg — pegged completion costsw at $12 million. It will likely take $12 millio n to $15 million to finish The Park to Verna’x vision, according to one Florida investmenf group that has previously considere buyingthe building.

Wednesday, December 1, 2010

Spectrum Capital principals join Morgan Keegan - Memphis Business Journal:

http://bostonprogressivetalk.net/page/Camping-in-Rishikesh.html
Spectrum is a Rhode Island-base investment and merchant banking firm. The two principals will maintai n their officesin Bristol, R.I. “Ou commitment to providing our clients with the highest quality investment banking services has led to a number of strategid acquisitions over the pasttwo years,” Chip Grayson, Morganj Keegan’s executive managing director and director of investment banking, said in a “We’ve had an interest in adding restructurinfg expertise to our practice for some time, and now we have the rightr people on board to lead this effort.
” Spectrum managint partner Michael Lederman will head Morganj Keegan’s newly formed Special Situations Spectrum partner Joseph Sands will be management directoer of that group. “I am delighted to welcome Mike and Joe to our Randy Karchmer, co-head of Morgan Keegan’s mergers, acquisitionsz and financial sponsors practice, said in a “They will strengthen Morgan Keegan by complementinb our M&A, public equity and debt practices across a wide array of industries.” Memphis-basex Morgan Keegan is the brokerage and securities arm of Birmingham-basedr (NYSE: RF).