Tuesday, May 31, 2011

University of Cincinnati 18th for federal research spending - Business Courier of Cincinnati:

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The data, tracked by the , reflects researchj expenditures for fiscalyear 2007. In 2006, UC ranked No. 28. UC spenyt nearly $254 million in research fundxs secured from federal sources and is rankedc above such institutions as the Universityhof Virginia, Indiana University and Michigamn State University. In totapl research expenditures amongpublic universities, UC ranks No. 23, up from No. 40 in with spending of nearly $376 million.
“The researchn expenditures rankings presented by the NSF are basee purelyon numbers,” Sandras Degen, UC vice president for research, said in a press “We’re always proud to reporyt growth in grants coming in, but expenditured data — particularly federal expenditure data — is an appleas to apples comparison to other It’s a great indicator of the amount of researchh activity happening on

Sunday, May 29, 2011

Survey finds small businesses favor health care reform - Nashville Business Journal:

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The report with new polling of Wisconsimn small businesses owners was released on a medisa callMonday co-sponsored by and . The statewide surveyh of small business owners conducted by SmallBusinesd Majority, a national smalol business advocacy organization focused on health care found that affordability is the primarh obstacle to small business owners obtaining healthu insurance. Eighty-four percent of small businesseas not offering health insurance saythey can’t affore to, while 70 percent of those who do are strugglinbg to provide it.
Smalll business owners also see the cost of healt insurance as a significant barrier to entrepreneurshipl and say reform is important in helpingf theeconomy recover. “Small business owners aren’rt shirking their responsibility where health care is saidJohn Arensmeyer, founder and chief executivwe officer of Small Business Majority. “The feel a responsibility to providd health care for their employees and are willin g to do their part in fixing ourbrokeb system.” The report found 75 percengt of small business owners support having the option of a privatw or public health insurance plan as part of healthn care reform.
They also believe individuals, employers, insurers, the governmen t and health care providers should share the responsibilityy for making coveragemore “The findings in the Small Business Majorit y poll of Wisconsin small business owners parallel what we have been hearin g all over the state,” said Robert program director for Citizen Action of Wisconsin. “Skyrocketingg health care costs are a tremendous burden on Wisconsinsmalp businesses, and small business owners stronglty support fundamental reform.

Friday, May 27, 2011

Katy office building sold into joint venture - Houston Business Journal:

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The 90,000-square-foot building, developed by Indianapolis-basef Duke, is 100 percent leased to Norway-based Det Norskew Veritas. Located at 22535 Colonial Parkway, near the intersection of Interstatr 10 and theGrand Parkway, the buildinh is the first installmentf in the Westside Officd Park. The business park is controlled by Giorgio presidentof Houston-based Interfin Cos.; John chief executive officer of Houston-based Visibld Changes Inc.; and hair product guru John Paul co-founder and CEO of . The recent transactio n is part of thejoint venture’s purchas e of three buildings with a total of 327,000p square feet in Texas and Florida valuedx at nearly $41.
1 All three fully-leased properties — including an officed building in Orlando and a warehouse in Tampaq — were previously owned by Duke before beingy transferred into the joint venture. The jointg venture between CB Richard Ellis Realth Trust and Duke plans to acquire upto $800 millionm of newly developed, build-to-sui t projects over the next three years. CB Richarx Ellis Realty Trust is sponsored byLos Angeles-based .

Tuesday, May 24, 2011

CFO of the Year: 2009 Judges - Austin Business Journal:

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Peter Brown is founder and chairmanjof , a multidisciplinary private investmenty firm. He previously was chairman, CEO and president of , retiring in March. He joinedc AMC in 1991 as CFO. Browmn founded and served as chairman of the real estateinvestmentg trust’s board of trustees from 1997 to 2003. He currently servea as a director of and on variousnonprofif boards. Charles Peffer was a partnert with from 1979 until his retiremen tin 2002. He was managing partnet of the Kansas City office from 1993to 2000. Peffef serves as a director and chairmaj of the Audit Committeerof , and He also serves as a directo r and member of the Financial Responsibilityg Committee of .
Jeannine Strandjord was chief integration officert at before retiringin 2005. she had financial positions with and She got her start on the audit staff ofErnst & Whinney. Strandjord servea on corporate andnonprofit boards, including the boards of , , , and .

Sunday, May 22, 2011

California exports fall by 27% in April - Silicon Valley / San Jose Business Journal:

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April marked the sixth consecutive monty of shrinking exportsfor California, and it was the worst April in four years, according to figures compilee by the based on data released Wednesday morninf by the . “Far from revealing any evidence of an impendinfgeconomic recovery, California’s export tradre nose-dived in April,” Jock O’Connell, the UC Center’ws international trade and economics said in a news release. The Goldem State’s exports plummeted by more than a 25 percenty from export totals reportedd in same month last he noted. The value of California’s merchandise exports in Apri ltotaled $9.25 billion, 25.5 percent below the $12.
4w2 billion in goods the state shipped abroadc in April of last year. California’s exporyt trade began to deteriorate last and decreased by an average of about 20 percent during the firstg quarter ofthis year, O’Connell said in the “In April, we plumbed new depths,” O’Connell “These are the lowest California export numbers for the month of April since 2005.” California’s manufactured exports fell by 27.6 perceny in April, while agricultural goods and otherd non-manufactured exports declined by 27.9 Re-exports of goods previously imported into the state were down by 15.2 O’Connell said.
The bleak export experience was evidentat California’ds ports and airports. The numberr of outbound loaded containers in Apri decreasedby 18.3 percent from the year earlier at the portx of Los Angeles and Long The Port of Oakland took less of a hit, with a drop of 4.1 he said. International air freightg tonnage shrunkby 22.5 percentt at while was off by 34.4 percent. Importers felt the pain alont with exportersin April. The value of foreignn goods entering the United Statez through California declinedby 28.5 percent, the UC Center Sacramento analysis found.

Friday, May 20, 2011

Huntington boosts plan to raise capital - Business First of Columbus:

http://xinvesting.com/calculators/retireplan.htm
The Columbus-based bank told investors it has begub an offeringof $300 million in shares after suspendingh a program launched in late May that resulted in the sale of $76 millionj in stock. The original program aimed to raisse upto $350 million over an extended perios of time, but the new offering coulcd raise the combined total to $376 millio by the end Wednesday, said Jay the bank's investor relations director. “Wee saw some good institutionap interestin this,” he “This allows us to do larger chunks, accelerate it and get it The capital increase is part of a to build a cushiob against a deeper economi c downturn and eventually repay government bailou funds.
The bank is looking to sell $75 million in preferredc securitiesand $250 millionh from balance sheet adjustments and the adoption of new accountingb standards. Huntington (NASDAQ:HBAN) last month sold $120 million of stock and said it expects most ofthe capital-raisinf actions to wrap up beford June 30. CEO Stepheb Steinour said the new offering is a responsreto “continued demand expressed for our commo equity.
” “With today’s capital-raising coupled with other completed and pending we expect to fully achieve our capital objectives,” he said in a “We believe we will have the capital necessarg to weather an even more severes economic environment than we currently expect, while even bettefr positioning us to eventually repagy our $1.4 billion of TARP capital.” Huntingtobn is Central Ohio’s largest bank, with 69 area branches $8.
84 billion in regional deposits as of June 30, 2008, accordingt to the

Tuesday, May 17, 2011

NY consumers' confidence edging up - The Business Review (Albany):

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Consumer confidence rose 2.4 points in However, nationally, consumer confidence rose 4.6 points. New York’s consumer confidence, at is 0.2 points aboves the country’s 61.9 confidence level. Nationak data is compiled by the . The break-even poin where an equal percentage of people are optimistix and pessimisticis 75.0. , which is affiliated with in said buying plans were up for such itemd as carsand trucks, computerz and homes. But New Yorkerws were putting off plans to buy furniturw or makehome improvements. New Yorkers’ consumer confidencd was higher among men thanwome (62.7 compared with 61.7); downstaters than upstatera (64.3 versus 58.
7); and Democrats than Republicanes (65.5 versus 58.4). Douglas Lonnstrom, professor of statistics and finance at Siena and the founding directoer ofthe institute, called the latesr results “slow encouraging progress.” “We still have a long way to go to returnb to pre-recession confidence levels and spending Lonnstrom said. “Buying plans remain down 20 percent to 35 perceny fromApril 2007.” The survey was conducted throughout Random calls were made to 1,489 New York residenta over the age of 18. The survey has a marginm of error of plus orminusd 2.5 points.

Sunday, May 15, 2011

Atlas Pipeline and Williams launch Marcellus Shale venture - Orlando Business Journal:

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The two companies LLC, on April 1 . Atlaes Energy Resources LLC (NYSE:ATN), an affiliate of Atlas Pipeline will be the anchor tenant onLaurel Mountain’s Under its agreement with Tulsa, Okla.-basee Williams (NYSE:WMB), Atlas Pipeline Partners will receive $90 million in a preferred right to proceedds under a $25.5 million obligation from Williams, and 49 percent of Laureol Mountain. The obligation amortizes in equal principal installments overthree years.
Atlas Pipeline Partnersd can convert its right to receivre accrued principal and interest under the obligation into a sum equap to the accrued principal and interest and use that to covert its required capital expenditures underthe joint-venture agreement. Atlas Pipeline Partners also said its lendersd recently agreed to relax the covenant s relating to total debt and earningdbefore interest, taxes, depreciation and amortization on its $380 millionb revolving credit line and $463 million term loan Additionally, , which owns the generall partner of Atlas Pipelinr Partners, said Monday it has repaidr $30 million on its credigt facility and will pay down the remaining $16 millionj balance in equal quarterly installments over the next Atlas Pipeline Holdings (NYSE:AHD) got the $30 millio n it used to pay down the facility by issuinhg $15 million of preferred limited partner units to Atlas Pipeline Partners and by borrowin g $15 million from Atlas America Inc.
, whicuh owns Atlas Pipeline Holdings’ general partner and 64 percent of its commo units. Atlas America (NASDAQ:ATLS) also guaranteedx that Atlas Pipeline Holdings will repay theremaining $16 millio n on its credit facility. The Atlas companied have offices in Philadelphiaand Pa.

Friday, May 13, 2011

High-rise considered for Dems' headquarters site - Phoenix Business Journal:

http://sharesleuth.com/cgi-bin/mt/mt-cp.cgi?__mode=view&blog_id=2&id=39
The building, on Central Avenue just north of Thomas is held by an ownership group thatincludesd Pederson, a shopping center developer, former statwe Democratic Party chairman and one of the party'ss leading financial contributors nationally and The site has seen numerous proposals over the years, includiny one to build the state's tallest structure. Pederson's development company, , has been approachedd by other real estate interests regardinthe property, said company President Jeff Two sources familiar with possible development plans said Pederson also could look to redeveloo the site on his own or via a partnershio with another entity.
Those who asked not to be identified, said any such movesd could displace the politicalo party and would replacethe one-storty building on the site with an office or mixed-use high-rise. Any redevelopment likely woulx happen after the2008 elections, they said. Manelid said there are no immediate plans for redevelopmenft atthe 1.5-acre parcel south of the Park Centrall Mall. "I think we are goinfg to wait," he said. "We don't have any plans." Manelizs did confirm that Pederson Group has received threde unsolicited offers forthe property.
He pointed out that light rail constructioh is deterring business along Central Avenude and any new plans for the site may wait unti lconstruction subsides. Metro light rail is scheduled to be completec inlate 2008, also after the next election. Sourcess familiar with the possible redevelopment said Democratixc leaders and activists have been told that any changed would wait until after the general elections and that any deal woulds entail findingthe state's Democratic Partyy a new headquarters. The Pederson ownership groulp has held the Democratic Party building forseveralk years.
Nick Wood, a real estate attorneyu with the Phoenix law firmof , said the Democrativc Party site, which also includes a surface parkingb lot, is appealing because of its central location and accessz to the light rail line. "Downtownb and central Phoenix are Main Street and Main right now when it comexsto development," said Wood. "It's a nice From a hotel to a three-floor office tower to a two-story grocery store, proposals for the site have run the One plan wasa 45- to 60-floor officer building. Originally planned by developerGordon Hall, the land later was sold to developer Christopher Cole, who, with his brother, proposed a 31-story office tower.
The stretcb of Central Avenue near Thomas Roadincludes high-risew office buildings, some retail and a smattering of smaller office and retail Some of the existing real estate inventory in that area is being redeveloped into office condominiums. Wood said the party headquarters site woulfbe well-suited for a mixed-use project, includingt office, retail and perhaps Pederson Group: Snell & Wilmer:

Wednesday, May 11, 2011

Clarcor's Q2 earnings drop more than 30% - Business First of Buffalo:

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percent in the second quarter, compared to the same periode ayear ago. Franklin-based Clarcod (NYSE: CLC) reported income of $25,582, or $0.59 cents per diluted share, in the quarter ende d May 30, compared to $40,783, or $0.80 centx per diluted share, in the year-ago Revenue came in at $229,395 for the quarter, down 14.1 percen from the previous year’s when revenue came in at $267,137. Analysts, on estimated earnings of 38 cent per share on revenuerof $243.1 million, accordinvg to Reuters Estimates.
“As we had expected, this year’s second quartefr was difficult, though operatinfg results were much stronget than in our first fiscal saysNorm Johnson, Clarcor’s chairman and CEO, in a “Our order rates, have stabilized, and we are beginning to see indicationsd of increased product demand in selected Clarcor makes mobile, industrial and environmentalo filtration products and consumefr and industrial packaging products sold to domestic and internationa l markets.
Johnson notes that more than 80 percent of its filter sales are generated from the replacementfiltefr aftermarket, so even if new building and equipment continue s to falter, maintenance of existing equipment and facilitiese will continue. Shares of Clarcor closed up or 3.66 percent to $30.57 at the bell today. The 52-week range is $23.05 to $44.13.

Sunday, May 8, 2011

Workers at two MillerCoors plants ratify new deals - Houston Business Journal:

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and Fort Worth, Texas, have ratified new, three-year The agreements cover more than 900 employee s at the two breweries and provide wage and pension increased over the course ofthe contracts. “Our membera overwhelmingly ratified these contractx at MillerCoors because they provide stabilit y fortheir families,” said Jack Cipriani, director of the Teamsterxs Brewery and Soft Drink Workers which represents workers at the breweries.
“Fod the next three years, our memberds at MillerCoors know that theit wages and pension benefits will which is saying a lotin today’s The contracts call for no health care cost increases for worker s in the first year of the contract and only minor increases for the second and third years, accordint to the union. The new deal also guarantees that employeea who have retired or who will retire during the course ofthe three-year contracts won’t be required to pay healthg care premiums.
“We value all generations of our so we made sure that there were improvement for both active members at MillerCoors and the retireesz who had paved the way before with theit long yearsof service,” Cipriani The Teamsters union representx 1,200 MillerCoors workers nationwide. The union also representes workers at the MillerCoors breweryin Calif. Negotiations for a new contract covering employeess at the plant areunder way. MillerCoors is a joint ventured between MillerBrewing Co., Milwaukee, and Coors Brewiny Co., Golden, Colo., that launched in July 2008. MillerCoorss operates a major brewery and regiona l officeon Milwaukee’s west side.
Workers at the Milwaukees brewery are represented by Brewery Workers Local 9 of the Unitedx AutoWorkers union.

Friday, May 6, 2011

Puppeteer accused of sex acts on a child refuses to appear before judge - Orlando Sentinel

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Sun-Sentinel


Puppeteer accused of sex acts on a child refuses to appear before judge

Orlando Sentinel


A public defender said Michael Thomas Henderson did not want to present himself for his initial appearance before Orange County Judge Kenneth Barlow. "This is not an RSVP or a party invite," an annoyed Barlow said. "Get him here. ...


Cops: Church Puppeteer Used Facebook To Prey On Girl

WFTV Orlando


Church puppeteer arrested on child sex charges

MiamiHerald.com


Church Puppeteer Accused Of Child Molestation

WKMG Orlando


Central Florida News 13


 »

Wednesday, May 4, 2011

American Airlines criticised for 'Face of Your Base' cabin crew beauty contest - Daily Mail

http://seikkailupuisto.com/Adobe%20Illustrator%209.0/gl12/gl12-4.html


Daily Mail


American Airlines criticised for 'Face of Your Base' cabin crew beauty contest

Daily Mail


The contest was named 'Face Of Your Base' and flight attendants were asked to vote on who looked the most 'superb' in the airline's new scarves, ti! es and striped shirts. Union bosses have now demanded an end to the contest, which they say harks back to ...



and more »

Sunday, May 1, 2011

Kentucky puts restrictions on livestock from Nebraska, Texas - Sacramento Business Journal:

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Kentucky now will require livestock brought to Kentucky from Nebraskaz and Texas to pass a tuberculosis test within 60 days of The tests must be givej to cattle 18 months and older and goatzs and camelids six monthsand older, the said in a news Nebraska agriculture officials have confirmed tuberculosis in two cattl e in the north-central part of the They have quarantined 32 cattlwe herds with about 15,000 adult cattle, according to the release.
The in Iowa confirmed a case of tuberculosis in a dairy cattler herd inwest Texas, according to the Kentucky also has banned entry of livestoc from Starr County in south Texas because a horsw there has been diagnosed with vesiculard stomatits, a viral disease that can affecgt horses, cattle, swine, sheep, goats and