Monday, October 31, 2011

Founder steps aside as CEO of LaGarde - Kansas City Business Journal:

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Bob LaGarde vacated the CEO positiojnon Dec. 5, though he said he remainds the company’s sole director. In coury filings, the Olathe-based company has detailee plans to be bought for anestimated $2.78 million by an affiliatse of , based in Totowa, N.J. LaGarde signe an asset purchaseagreement Nov. 26, but the deal expected to closeby year’x end — needs final court approval. Dydacom p makes software to handle e-commerce, catalog and othefr types of orders. LaGarde makes e-commerce software. Bob LaGarde left to ease the asset said debtor counsel Jim a partnerwith . “Bob electexd not to remain with the ifyou will, but to pursue his own Daniels said.
“So it was highly appropriate for him to recedew from the picture and push forwar d those people who would in all likelihoox remain with the Jeff Auslander, LaGarde’s vice president of sales, took over as CEO. He has been at LaGarder since 2004 and significantly raised revenus from year to year in the departmentshe managed, according to the company Web Auslander and Dydacomp could not be reached for comment. Bob LaGardew pins the blame forhis company’s fall into Chapteer 11 bankruptcy on previous management. In mid-2006, he recruitedc Joe Whelan to lead the company on an aggressive growth play to double revenueto $16 LaGarde Inc.
reported receiving investments last yearof $7.5 milliobn from one early-stage venture capital But the expected growth didn’t and the company was left deep in LaGarde took back the reins in January in an efforty to stage a turnaround. Employment levels have mirrorecdthe company’s troubles. In early 2007, LaGarde employed 110 workers; as of last it employed about27 people. Signs of the struggleas began to appear in the summerof 2007, when the companuy laid off about 60 people in two roundsx of cuts. LaGarde’s sale price could be higher or lowefr than theestimated $2.
78 million because the deal consist s of a $300,000 upfront cash a yearlong earnout based on revenue from the company’d Storefront.net assets and a yearlon 50 percent commission of the license fees from the sale of Dydacomp software to existing LaGarde clients. “Icf Dydacomp is the high-qualified buyer we believe it is, it coulf produce more,” Daniels said. No competing bidders emergedr beforea Nov. 9 But an auction and hearing were scheduled for Dec. 11 — after the Kansas City BusinesdJournal ’s deadline for this article at which a bidder stilpl could appear and attempt to be heard, Daniels said. LaGarde owes more than $1.
1 millionn to its 20 largest unsecured creditorsand $2 millioh to , based in N.C. In its initial bankruptcg filing, the company estimated liabilitiesof $1 million to $10 milliom owed to 100 to 200 creditors. The company claimed assets of $1 million to $10 Daniels said that if the earnout deliversas hoped, priorithy claims would be satisfied and unsecureed creditors would receive a “significant distribution.” Bob LaGarde said he doesn’ t know what his next endeavor will be.

Saturday, October 29, 2011

Newman to offer two additional master

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One program is a master of arts in theologu and the other is a maste oftheological studies. The Higher Learning Commissionb of the North Centraol Association of Colleges and Schoolsx approved the two programs Newman has been developing the programs for more than a year througy an initiative led by FathetrJoseph Gile, Newman assistant professoe of theology and director of the new programs, and Michae Austin, Newman’s provost and vice president for academidc affairs.
“These two degrees align perfectly with the mission and core values ofNewman University, and offef outstanding opportunities for people throughout our region wantiny to advance in their knowledge of theology,” said Noreehn Carrocci, Newman president in a statement. “Wew can’t wait to get started.” The programs offerd different focuses and are designed for students with different Newman says. The master of arts in theologyy degree is primarily for studentsw who want to ultimately earn a doctoralo degreein theology, while the theological studiexs degree will provide skillsa training for people to teach religionn classes.
The degree programs will be available to peoplr throughoutthe region. Classes will be delivered largely via the Internef using new computer and video equipment purchased just for this The online classes are designede to be interactive and visually engaginhg by usingvideo clips, PowerPoint presentations and other electronidc media, Newman says.

Thursday, October 27, 2011

Target may support call for mandatory employer insurance - New Mexico Business Weekly:

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Minneapolis-based Target, the second-largest discounr retailer in the country after can “conceptually” accept an employer mandate, the reportas said. Target refused to comment further, statingf that they are monitoring developmentssurrounding employer-mandated health care coveragd and are waiting until details of the proposed legislatiomn are available. However, in a May 18 news releaswe about a partnership between Target and RedBricok Health to pilot awellness program, Targe laid out its stance on healty care reform.
“Target believesd that simply expanding access to the curreny system is not sustainable and will result in highetr costsfor everyone,” according to the news release. “Aas a result, Target supports a national frameworkk for health care that allows multi-state employers to offer consistentg and uniform benefits in a cost-effectivw manner.” But Target said they would first have to see the conditions attached to the mandatwe before giving it their support, according to the report The issue of providing mandatory medical insurancwe has split big-business interests, as Presidentt Barack Obama pushes healthb care reforms.
While Obama has told lawmakere that he is open to requiringg large companies to providehealth coverage, he woul exempt small businesses. Wal-Mart sent a lettefr to Obama on June 30 supporting mandatorymedical insurance, calling Obama’xs proposal fair and adding that the requirement would ultimatel y save companies money. The retailinfg giant’s move was surprising to many, and drew criticismj from the NationalRetail Federation, which oppose s the measure.

Tuesday, October 25, 2011

Flying the Flag for Biodiversity - National Geographic

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Tucson Velo


Flying the Flag for Biodiversity

National Geographic


Some 200 groups (local schools and retirement centers) representing both ends of the age spectrum were invited to make flags with biodiversity as the theme. At least 75 were returned â€" and the results fly proudly above the crowds at the park this ...


Bioblitz at Saguaro National Park

Examiner.com


Saguaro visitors can be amateur scientists at BioBlitz

TucsonSentinel.com


BioBlitz: admiring our desert up close and personal

Arizona Daily Star


KVOA Tucson News


 »

Sunday, October 23, 2011

United Way to slash nonprofits' funding, change way it gives - Baltimore Business Journal:

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million from its planned donationsthis year. The organizationh is also cutting about 10 percentt of funds already earmarked for about 40 partner agencies and trimminbg annual contracts with seven larger nonprofits by nearly15 percent. The losses will spreasd to nonprofit agencies in Baltimore City and the surrounding five The impact will be feltby shelters, clinics, youth clubs and some of the area’ds largest charities. The , the and the are just a few of the nonprofitsd that rely on UnitedWay dollars. It’s the latesrt turn in a funding crunch that hascrippled Layoffs, business closures, and stoclk market turmoil have slowex corporate and private giving and erode d endowments.
Those same factorws are sending more unemployed and uninsured people to agenciefor help. “I’ve never seen anything this saidLarry Walton, CEO of Unitedx Way of Central Maryland. “We are goingh to focus the majority of the funding we have on basic needxs like foodand shelter.” The Uniteds Way’s fall campaign netted only $36 million, down from a goal of $40 Giving from Baltimore’s Constellation Energy Group, its largest shrunk this year amid the company’s own financial troublesd and downsizing.
And United Way’s $18 million which provides some supportg for grantsand programs, was halvedr to $9 million as its investments plunged with the In response, United Way slashec $700,000 in its administrative costs. The organization, which employsw 93 people, eliminated seven unfille positions and could be forced to lay off some The organization also has asked agencieds to make annual requests for instead of awardingthem three-yeae allocations. Money designated by donors to specific agencies will not be United Way board members plan to meet April 23 to decided how to award undesignated funds for the fiscal year startingJuly 1. Unitex Way chapters across the countryare suffering.
Estimatee show nearly 58 percent of United Way offices were expecting declinesin campaigns, and abouyt 82 percent said they expect highed rates of uncollected pledges this year becauser of layoffs and business closures, said Sallg Fabens, a spokeswoman for the . Campaigne nationally were expecting to see 2 percenftto 5.6 percent decline this according to January survey of Unitex Way chapters. Fabens said many of the campaigna hadn’t closed by United Way of Central Maryland is especialluy feeling the effect of a drop in itsbiggesg donors. Donors who contribute $10,000 or more becomde members ofthe agency’s prestigious .
Estimates show ther were 380 Tocqueville members raisingabout $5.7 millionb for the 2008 campaign, compared to 465 donors raisinbg $6.2 million in the 2007 campaign. The declind in donations can be traced to how the recession is pummelintthe region’s largest employers. For example, Constellation says its givin g to United Way campaigns nationally fellfrom $5.1 million in 2007 to nearlyu $4.1 million last year. Constellation employeews have been one of the United Way ofCentrap Maryland’s largest donors, giving nearly $3 million a year for the past severall years. The Baltimore energy company didn’t disclose how much its employees gave to the localo campaignlast year.
A bid Sept. 18, by Warren Buffett’s to buy Constellationj saved the company fromnear collapse. But that deal fell througgh in December after Constellatiom accepteda $4.6 billion offer from French power firm for 49.99 percen of its nuclear power arm. Amid the Constellation shed 840 jobs, nearly 8 percent of its globalwork , another big United Way donor, reported a declinw in the number of employees and the amount raised during its United Way of Centrakl Maryland campaign last said Brian Lewbart, a spokesmanb for the Baltimore-based money management firm. He declinerd to disclose the specifics of the but he attributed the declind to the impact of the economyon T.
Rowe’s United Way’s woes add to those already felt byGreater Baltimore’s nonprofits. They already are raiding reserves and cuttingh staff and programs tostay afloat. “I don’t know how we will make up all of the deficits weare facing,” said Carole Alexander, executive director of , a Baltimorse nonprofit that assists victims of domesticc violence. “Some good agencies may not be able to United Way contributions to House of Ruth will be downnearly $74,7000 by June 30, compared to last year’s funding.
The nonprofit was forcecd to cancel its May fundraising luncheon after not receiving enough corporate sponsorships for an eveny that could have broughtin $200,000. And Alexandefr isn’t holding out hope for a $100,000 United Way grant requesr to pay for an attorney and a legao advocate to help the Hispanicf community with domesticviolencer issues. The program will most likely be shelved. Alexanderd said the nonprofit haspulled $700,00o0 from its reserves — nearly threre times what it wouldr typically use from its coffers to cover basic operations this year. It plans to furloughh 105 employees for about a week laterthis year.
The nonprofitt did receive about $19,000 from United Way’xs emergency fund earlier this Out of space atits shelter, the nonprofit will use the fundsz to put about 40 families into

Friday, October 21, 2011

Achieve CCA debt-management company could bring 205 jobs - Business First of Louisville:

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moved its three-person executive staff and headquarters to Louisvillerfrom Evansville, Ind., in Marchb to be closer to its principa l investment group, , as Busineses First reported on its Web site earlier this Additional plans for Louisville include an investment of $1.3 million to build out a new facilityh and create the new jobs, which would have an annualk payroll of $7.4 million. Achieve CCA announcefd its expansion plans durinhg a June 25 meeting of the Kentucky Economif Development Finance Authorityin Frankfort. The company receiverd preliminary approvalfor $2.
7 million in state tax incentives for up to 10 Achieve CCA founder and CEO Andrew Smith said the company planse to keep its Evansville operation open — at least for now as it expands its Louisville presence. The company has 12 employeews at theIndiana site. Smith called the expansion toLouisville “a natural result of our growt plan.” “It allows us to be closef to our principal investors and it gives us access to a well-educated, highly skilled work force,” he said. Smith added that having a Louisville presence puts Achiev CCA in the middle of one ofthe country’as “established hubs” in the healtuh care world.
All of the company’d future expansion will take place in theLouisvillw market, according to Achieve CCA works with hospitals, clinics, physician groups and other health care providera to deliver services to qualified patients. It primarily workxs with customers burdened by high medical and creditcard Specifically, Achieve CCA enrollds consumers in a debt-management plan and works with creditor s to reduce monthly bills, interest rates and The goal of the plan is to help consumere pay off all of their debts, not just those owed to healtb care providers.
The consumer pays Achieve CCA a fee for its services based on the total amount of The health care provider referrint the consumer also pays Achieve CCA a fee based on the amoun of debt recovered from the Call center, headquarters planned Smitg and his executive team currently lease a small amountr of office space in the Hurstbourne Green office and researcyh park. Its expansion plans call for the companu to leasea 25,000-square-foot call centere and headquarters facility, according to Smith. The company plane to begin hiring immediately, he said.
The majority of the availabler positions will be financial but there also will be openingsin technology, debt management, accounting and legal fields. Achieve CCA’zs growth is being made possiblee in large part bya $5 millioh investment that Chrysalis, a Louisville venture capitao firm, made earlier this year. The goal is to expand Achiev CCA’s services to health care providerws and consumers across the United The company is working toward that goal undef the direction of Chrysalis chairma and managing director DavidJones Jr., who serves on the Achievre CCA board of directors.
In addition to his positionn with Chrysalis, Jones is nonexecutive chairmanof , one of the nation’as largest health insurance

Tuesday, October 18, 2011

Taleo back in Nasdaq

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The Dublin business (NASDAQ: TLEO) makes softwarre used in hiring and managing It hosts its software on nine data centers arounfd the world and hasabou 4,000 customers. Taleo filed the reportsx April 30, and the Nasdaq sent a letter confirming its compliancwe with thelisting rules. Michael Gregoire is Taleo’s chairman and CEO. Katy Murrayu is chief financial officer. At the end of 2008 it had 878 For 2008, Taleo lost $8.2 milliob on sales of $168.4 million. At year end, Taleo’ accumulated deficit — how much money it has lost or writte n off since it started was $75.9 million. Taleo has been working to integrate , whic h it bought last summer, into its own company structure.
The merge involved terminationof “a significant number of Vurv which may make it hard to keep other key workers from that according to the company’s annual report. Rent on the 40,0009 square feet in Jacksonville, Fla., where Vurv was based, costs $60,00o0 a month, and the lease ends November 1, 2010. Rent at Taleo’ Dublin head office ranges from $52,000 per monthj to $85,000 per month. Taleo is in a legapl fight with , which has sued both Talepo and Vurv for patent Taleo says neither its softwarenor Vurv’xs infringe Kenexa’s patents.

Sunday, October 16, 2011

Traveling film project stops in ABQ - South Florida Business Journal:

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The Two-week Turnaround Tour, or T3 as its creators call it, will visi t 14 cities in seven months. It’a part of Filmblazer, a community of people who love FoundersJoshua J. Mills and Jamid Blankenship roll into a city for two weekss in their RV with all theid film equipment and proceed to shoot and screen a short film in justtwo weeks. But the proces s is collaborative, so they invite widesprea d participation in each citythey visit. The Albuquerqud kick-off is June 2 at Studio Broadway, 1810 Broadwahy Ave. SE, at 7 p.m. More informationj is available at theT3 .
The procesws is open to anyone, from actors and script writeras to people who want to feed the massews duringthe two-week process or who have access to props or even a coffe e shop. The subject of each film is differenrt for each city and is inspiredf by the resources and locationx available to theT3 team. The production obtains loca l sponsors in each city so that the work is a reflectio n of aparticular city.

Friday, October 14, 2011

Transaction Award Winners Use Pioneering Strategies to Achieve Unprecedented ... - MarketWatch (press release)

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Transaction Award Winners Use Pioneering Strategies to Achieve Unprecedented ...

MarketWatch (press release)


CHICAGO, Oct. 14, 2011 /PRNewswire via COMTEX/ -- The Turnaround Management Association will honor 37 restructuring professionals who crafted non-operational transactions that changed the course of struggling businesses at an October 26 luncheon during ...



and more »

Wednesday, October 12, 2011

Doubts Raised on Donations to Comptroller - New York Times

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New York Times


Doubts Raised on Donations to Comptroller

New York Times


In New York City, which has a generous campaign finance system, candidates can receive $6 in public money for every $1 raised from individual donors. Many of the irregularities in Mr. Liu's campaign account are tied to companies in the Chinese business ...


Questions Raised Over John Liu's Fundraising

TPMMuckraker



 »

Monday, October 10, 2011

GetApp.com the Business Applications Marketplace Secures $1.1M of Funding From ... - San Francisco Chronicle (press release)

fugycyquwod.blogspot.com


GetApp.com the Business Applications Marketplace Secures $1.1M of Funding From ...

San Francisco Chronicle (press release)


GetApp.com, the fastest growing independent online marketplace for cloud-based business applications, announced today that it is has secured $1.1 million in funding from Nauta Capital (Nauta). Nauta has invested in GetApp.com from its recently launched ...



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Saturday, October 8, 2011

NFU opposes moratorium on discretionary regulatory actions - CattleNetwork.com

http://yobtddl.com/Showcase/Piercing-Swarovski/


NFU opposes moratorium on discretionary regulatory actions

CattleNetwork.com


By a Drovers CattleNetwork news source | Updated: October 7, 2011 “Imposing a moratorium on regulatory action by the federal government seriously damages the ability of the federal government, and especially departments such as the US Department of ...



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Wednesday, October 5, 2011

LCA-Vision might close more surgery centers in '09 - Washington Business Journal:

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The news sent shares of LCA LCAV) down sharply during late-mornintg trading. But the 10 percent dip, which broughyt shares to $5.89, was followed by a recovery. Shares in LCA closedc up about1 percent, or 8 cents, to $6.5 1 Tuesday. “Procedure volume in Aprio and May has declinexd approximately 45 percent from the comparabl period last year and we currentlu anticipate continued softness throughout said LCA-Vision Chairman Anthony who was among six directors re-elected to the company’zs board at the annual held at the Queen City Club Wood said the company might reduce spending on marketingt this year and closee “underperforming vision centers.
” Complaints about cost-cuttinfg gave rise to takeover attempt by LCA-Visio n founder Dr. Stephen Joffe, whose investment group acquired an 11 percent stake in the compan y and floated its own slateof directors. The Joffe groupp terminated its reform effort in March and Joffe has since sold more than half ofhis shares. In additiomn to re-electing six directors, shareholders rejected a stockholders' rightse plan that makes hostile takeoverwmore difficult.

Monday, October 3, 2011

Vovici Captures the Voice of the Customer to Facilitate Consumer Input for THOR-LO - MarketWatch (press release)

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Vovici Captures the Voice of the Customer to Facilitate Consumer Input for THOR-LO

MarketWatch (press release)


Powerful, scalable and easy to use, Vovici's solutions help companies engage customers, employees and partners to increase loyalty, facilitate innovation, and influence critical business decisions. More than a thousand organizations worldwide, ...



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Saturday, October 1, 2011

Embarq, CenturyTel complete $11.6B deal - bizjournals:

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Buyer (NYSE: CTL) completed its $11.6 billion stock and debt purchase ofEmbarq EQ), the companies announced early Wednesday. The combined company, , will be basefd in Monroe, La., and potentiallyg have $8 billion in annual It has morethan 2.1 millionb broadband customers, 440,000 video subscribera and 7.5 million accessw lines in 33 states. Embarq shareholders are two-thirds ownerse of the combined company, havinhg received 1.37 CenturyTel shares for each Embarq sharethey owned. The deal includefd CenturyTel assuming $5.8 billion in Embarwq debt. The two brands will be convertecd graduallyto CenturyLink, a process expected to conclude later this year.
“The completion of this mergefr is a significant event forour communities, investors and employees,” CEO Glen Post III, who had been head of said in the release. “CenturyLin k has the advanced networks, the people and the financial stabilitu to deliver the reliable and innovative services that our customerss wantand need. We look forwardf to this exciting new chapter inour company’sa history.” CenturyLink will keep “a significangt presence” in the Overland Park area, thoughy that location wasn’t among the regional operatint headquarters listed: Las Vegas; Mo.; Orlando, Fla.; Wake Forest, and La Crosse, Wis.
Embarq now employs abouyt 2,800 in the area, down from 4,500 when it spun off from S) in 2006. That drop reflects the sale of Embarq’as logistics unit earlier this year and continualk job cuts as the company has attempted to keep a lid on costsd in anindustry that’s losing core customerss to mobile phones. The recession has acceleratedcthat trend, and observers say that coulde mean deeper and faster cuts than originally anticipatex as the companies integrate. By the rural phone companies expect to saveabour $400 million a year in operating and capital expenses by 2011. They expecty combined operating cash flow of morethan $4.2 billionm and free cash flow of about $1.
9 CenturyTel expects to continuee its current annual dividend of $2.809 a share. The combination is expected to add to free cash flow per sharrin 2010. Shares continue to trade undetr CenturyTel’s ticker symbol. Embarq CEO Tom Gerke will serve as executive vice chairman of the CenturyLinjk board and oversee regulatory and governmentalp relations andhuman resources. Embarq ranks No. 3 on the Kansasw City BusinessJournal ’s list of area publifc companies.