iqukikofor.wordpress.com
Melbourne-based BRPH, along with its D.C.-based design/build partner Lifecycle ConstructiomServices LLC, will be involved in design and construction of severapl administrative facilities in the Northeast, accordintg to a news release. The first project under this projectr isa $3 million new Battalion Headquarters project at Fort Lee, Va., the releas said. • Battalion administration, special functions, storagee and classroom areas. • Soldier Familyg Assistance Center, a transitional facilityy withchild care, financial assistance areas, meeting rooms, chaplain offices and other assistancee to accommodate soldiers and their families.
BRPH provides planning, engineering, interior design and construction services to the aerospacse andaviation industries, and industrial and commercial real estate along with government and educational agencies. The firm has officea is Melbourne, Orlando, West Palm Atlanta and Savannah, Ga.
Saturday, December 31, 2011
Thursday, December 29, 2011
Susan Avery: Keeping watch - Boston Business Journal:
a-ee85aqa.blogspot.com
And she’s still waiting for a payout on $97.78 million in federal funds and $10 million in stat e funds for an ocean research grantr the institution wonin 2007. It’s a lot of what-ifsw for an atmospheric scientist who is accustomed to havinbg the answers ather “Scientists love data. We love information,” Avery As the Woods Hole chief for nearly a Averysaid she’s gettingt used to making decisions withoutg all the information on hand. Avery said she leads by listening and consulting with her colleagues and always looking tothe future. “I always thinki about how decision-making today will impacgt the future,” Avery said.
In August Woods Hole won its largesft grant fromthe (NSF). Woods Hole was named the lead institutiobn and is expected to take 60 percent ofthe $97.7 millionb prize, with the remainder going to the at the Universit of California, San and . Woods Hole had expected the moneyu to arrive byJune 2008. Federal officials tell the institute the stargt date for the funding is expected inJuly 2010. To Woods Hole has received $1.9 million from NSF for the OceanmObservatories Initiative, part of a $331 millio n project to develop a national systekm of deep-water, satellite-linked buoys for ocean NSF also approved $7.
8 million in 2009 pilot projectg funding, but it is unclear how much WHOI will take of that said Avery. Also lingering is a $10 million pursre of state matching funds fromthe , a quasi-state agencgy aimed at bolstering technology development Until the institution receives the federal state funds won’t come. Avery said Woods Hole requested an initial paymentof $2 million in stated funds but the proposal is pending. Avert said a lag between an award and actuapl funding isnot unusual.
She says she feels “prettt good,” despite that federal agencies have been known to rescind Citing the successof Pocasset-based underwater technologhy company Hydroid LLC, Avery said she planw to foster industry relationships and encourage companies to spin out from Woodz Hole-based research. She hopes to build fruitful partnershipsxaround WHOI’s expertise in visualization software, underwater sensors and underwate r vehicles. “Research that is pushing our natura l world can also provideeconomid development,” Avery said.
Avery added the national ocean researcn project will advance the development of technologiess used forhomeland security, fisheries management and analyzing the impact of climate change on coastal environments. Avery would like to see Woods Hole take a stronger role in articulating state andfederal energy, environmentak and economic development policy. She planws to continue to send scientists to Capitol Hill to testify and advis e state officials about an oceans management law passed earlierthis year. Atmospheric science — not oceanography — is Avery’zs area of expertise.
She’s studied atmospheric circulationand precipitation, climate variabilit y and water resources, and the development of radar for remotwe sensing. After earning her Ph.D. in Avery served as an assistant professor in the departmen of electrical engineering atthe . Prior to joininyg Woods Hole asthe institute’s firsy woman chief, Avery worked at the Universityg of Colorado Boulder for 23 years. The Universithy of Colorado hired Averty as an associate professorin 1985. Most recently, she served as interijm vice chancellor for research and dean of thegraduat school, a role she also held from 2004 to 2005.
Averyy also served as interikm provost and executive vice chancellor foracademixc affairs. While holding interim Avery maintained her job as an electricalk and computer engineering Larry Madin, director of research at Woods Hole, said Averyy is energetic, open and well-respecte by her colleagues. Despite her lack of experiencde in the field of Madin said, she’s show n she could overcome a steepl learning curve. Avery faces some tough financial challenges, said Madin. Federao funding is declining or flat. Fundraisingb will be difficult.
And she’s still waiting for a payout on $97.78 million in federal funds and $10 million in stat e funds for an ocean research grantr the institution wonin 2007. It’s a lot of what-ifsw for an atmospheric scientist who is accustomed to havinbg the answers ather “Scientists love data. We love information,” Avery As the Woods Hole chief for nearly a Averysaid she’s gettingt used to making decisions withoutg all the information on hand. Avery said she leads by listening and consulting with her colleagues and always looking tothe future. “I always thinki about how decision-making today will impacgt the future,” Avery said.
In August Woods Hole won its largesft grant fromthe (NSF). Woods Hole was named the lead institutiobn and is expected to take 60 percent ofthe $97.7 millionb prize, with the remainder going to the at the Universit of California, San and . Woods Hole had expected the moneyu to arrive byJune 2008. Federal officials tell the institute the stargt date for the funding is expected inJuly 2010. To Woods Hole has received $1.9 million from NSF for the OceanmObservatories Initiative, part of a $331 millio n project to develop a national systekm of deep-water, satellite-linked buoys for ocean NSF also approved $7.
8 million in 2009 pilot projectg funding, but it is unclear how much WHOI will take of that said Avery. Also lingering is a $10 million pursre of state matching funds fromthe , a quasi-state agencgy aimed at bolstering technology development Until the institution receives the federal state funds won’t come. Avery said Woods Hole requested an initial paymentof $2 million in stated funds but the proposal is pending. Avert said a lag between an award and actuapl funding isnot unusual.
She says she feels “prettt good,” despite that federal agencies have been known to rescind Citing the successof Pocasset-based underwater technologhy company Hydroid LLC, Avery said she planw to foster industry relationships and encourage companies to spin out from Woodz Hole-based research. She hopes to build fruitful partnershipsxaround WHOI’s expertise in visualization software, underwater sensors and underwate r vehicles. “Research that is pushing our natura l world can also provideeconomid development,” Avery said.
Avery added the national ocean researcn project will advance the development of technologiess used forhomeland security, fisheries management and analyzing the impact of climate change on coastal environments. Avery would like to see Woods Hole take a stronger role in articulating state andfederal energy, environmentak and economic development policy. She planws to continue to send scientists to Capitol Hill to testify and advis e state officials about an oceans management law passed earlierthis year. Atmospheric science — not oceanography — is Avery’zs area of expertise.
She’s studied atmospheric circulationand precipitation, climate variabilit y and water resources, and the development of radar for remotwe sensing. After earning her Ph.D. in Avery served as an assistant professor in the departmen of electrical engineering atthe . Prior to joininyg Woods Hole asthe institute’s firsy woman chief, Avery worked at the Universityg of Colorado Boulder for 23 years. The Universithy of Colorado hired Averty as an associate professorin 1985. Most recently, she served as interijm vice chancellor for research and dean of thegraduat school, a role she also held from 2004 to 2005.
Averyy also served as interikm provost and executive vice chancellor foracademixc affairs. While holding interim Avery maintained her job as an electricalk and computer engineering Larry Madin, director of research at Woods Hole, said Averyy is energetic, open and well-respecte by her colleagues. Despite her lack of experiencde in the field of Madin said, she’s show n she could overcome a steepl learning curve. Avery faces some tough financial challenges, said Madin. Federao funding is declining or flat. Fundraisingb will be difficult.
Tuesday, December 27, 2011
Business groups slam proposed tax increases - Business First of Louisville:
hyperwave-exhausted.blogspot.com
The said it opposesa changes to the corporaterminimum tax, a new corporate incomer tax and a new personal incomes tax. The alliance consists of 30 businesz groups that represent morethan 25,000 Oregon businesses and emplog 500,000 residents. Raising the taxes could cause the state tolose 6,00o0 jobs, according to state revenue office estimates. “Thesw proposals ignore the stark realities of ourcurrent recession,” the group said in a news release sent by J.L. Wilson, a lobbyistg with Associated Oregon Industries. “They are counterproductivwe measures that kill jobs and prolongour recession.
” The corporate minimum tax and corporate income tax proposalw would collectively harm companiesw with small profit margins as well as businesses lookingh to invest more in capital equipment, the groupp said. The alliance called on lawmakers to instead focuzson private-sector job retention and “We believe strongly that increased taxes are detrimental to job Wilson said in the news release. “Ab increased tax burden will hurt the ability of our members to create desperately needed It is the wrong approach to balancsthe state’s budget.
” Other groups signing the letter include Associaterd Oregon Loggers, Independent Community Bank of Oregon, the Northwest Food Processor s Association, Oregon Association of Realtors, the Oregom Automobile Dealers Association, the Oregon Bankeres Association, the Oregon Home Builders Association, the Oregon Restaurant Associatioj and the Oregon Trucking Association. Oregon’sw House and Senate members hope to adjourn byJuly 1. Lawmakeras must address a $4.
2 billionm budget shortfall before they adjourn or in a serieas of special sessions throughout the rest ofthe
The said it opposesa changes to the corporaterminimum tax, a new corporate incomer tax and a new personal incomes tax. The alliance consists of 30 businesz groups that represent morethan 25,000 Oregon businesses and emplog 500,000 residents. Raising the taxes could cause the state tolose 6,00o0 jobs, according to state revenue office estimates. “Thesw proposals ignore the stark realities of ourcurrent recession,” the group said in a news release sent by J.L. Wilson, a lobbyistg with Associated Oregon Industries. “They are counterproductivwe measures that kill jobs and prolongour recession.
” The corporate minimum tax and corporate income tax proposalw would collectively harm companiesw with small profit margins as well as businesses lookingh to invest more in capital equipment, the groupp said. The alliance called on lawmakers to instead focuzson private-sector job retention and “We believe strongly that increased taxes are detrimental to job Wilson said in the news release. “Ab increased tax burden will hurt the ability of our members to create desperately needed It is the wrong approach to balancsthe state’s budget.
” Other groups signing the letter include Associaterd Oregon Loggers, Independent Community Bank of Oregon, the Northwest Food Processor s Association, Oregon Association of Realtors, the Oregom Automobile Dealers Association, the Oregon Bankeres Association, the Oregon Home Builders Association, the Oregon Restaurant Associatioj and the Oregon Trucking Association. Oregon’sw House and Senate members hope to adjourn byJuly 1. Lawmakeras must address a $4.
2 billionm budget shortfall before they adjourn or in a serieas of special sessions throughout the rest ofthe
Sunday, December 25, 2011
Slowdown is putting business developers on the line - Charlotte Business Journal:
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For large contractors, that means shorin g up customer relationships and establishing ties with new say business-development executives at local construction companies. “Oud viewpoint is that construction is still a people saysRon Mikels, director of business development at the Charlottde office of “We try to stay in close contac t with clients we already have strong relationships with, even thoug h they might not have work righyt now.” The other key marketint strategy is to make lots of cold trying to establish relationships with developers and lookinfg for unique projects, Mikels says. “You have to keep the pressurer upin sales,” he says.
“You’v e got to know your target clienrt and be looking atthe long-term And in this probably the most important thing is to have patience.” Most larged construction companies are staying busy despite the says Cynthia Paul, managing directo r of The Raleigh-based consulting firm advises the management at contractores on marketing and other business-development practices. “We help them figurw out what’s their go-to-market strategy. What does it take to differentiatde yourself?” she says.
“Now is a greaft time to figure out where they maketheie money, with what kinds of customers and what kinds of With the supply of new contracts contractors are working off their backlogs. It’s important for them to be proactivee about building relationships with clients most likelu to have projects inthe future, she says. For contractorsw such as , that means keeping a sharp eye on thepublicc sector, where construction projects are less affectedx by the economy than private “We have to start networkinv a little more and callin people we haven’t been in touch with for a long time,” says Ike Shelco’s vice president for business “There’s not much availablw in the private Shelco does not plan to starg advertising, Grainger says, partly because about 85% of its work is repea t business.
“A soft time is a time to keep upsaleds — work exists in thesse recessionary times,” he says. “The biggest challenge is to know wherdthe market’s going.” Even if they can’t get the financinv to build now, Grainger adds, most customers are doing theifr due diligence for projects planned for when the economy Clancy & Theys, for its is focusing on its construction-managemenr and preconstruction services, Mikels says. “Ibn the market right now where it’s so we’re selling those strong preconstruction services as agrear value,” he says.
“Thet need to know the cost, so our value can be in substitutin (less expensive) materials, or preordering steel before an additionalk wave ofprice increases.” With retailo and church building at a near halt becausee of the slowdown, is looking for opportunities in the industrial and medical sectors, says Andrew director of business developmentf and marketing. While construction of new plants has slower because of the limited availabilituof credit, existing plants are able to win financing for he says. “We’re trying to get in with plant managerds and engineersand architects” to market construction Foppé says.
“Everybody’s hungry righft now.” The company also plans to continue marketinh through mailers and online to supplement thosesales efforts, he Sales is part of an overall marketing strategy, says FMI’s Paul. An advertisingf campaign takes four months to a year topay off, she and updating a Web site hasn’t provee to generate much work. Direct interactions with potentiak customers through involvement in civic on theother hand, can pay off more quickly. “Im a down market, customers have more choicwe of contractors than contractorxs have choiceof customers,” Paul says. “Imn a down marketplace, you’re going to see some switcn alliances.
” Corporate brochures touting a company’ range of construction experience are being dumpe d in favor of pamphlets or folders with pockets that can be stuffecd with examples of specififc typesof projects, she says. In other words, someoner planning a medical office projec t wants to see what a contractor has done onsimilar projects, not on condo towers or industrial buildings. Remodelers and small contractorsx focusing on small commercial and residential clients are more dependenrt on advertising and other direct marketing to reach theircustometr base, she says.
For large contractors, that means shorin g up customer relationships and establishing ties with new say business-development executives at local construction companies. “Oud viewpoint is that construction is still a people saysRon Mikels, director of business development at the Charlottde office of “We try to stay in close contac t with clients we already have strong relationships with, even thoug h they might not have work righyt now.” The other key marketint strategy is to make lots of cold trying to establish relationships with developers and lookinfg for unique projects, Mikels says. “You have to keep the pressurer upin sales,” he says.
“You’v e got to know your target clienrt and be looking atthe long-term And in this probably the most important thing is to have patience.” Most larged construction companies are staying busy despite the says Cynthia Paul, managing directo r of The Raleigh-based consulting firm advises the management at contractores on marketing and other business-development practices. “We help them figurw out what’s their go-to-market strategy. What does it take to differentiatde yourself?” she says.
“Now is a greaft time to figure out where they maketheie money, with what kinds of customers and what kinds of With the supply of new contracts contractors are working off their backlogs. It’s important for them to be proactivee about building relationships with clients most likelu to have projects inthe future, she says. For contractorsw such as , that means keeping a sharp eye on thepublicc sector, where construction projects are less affectedx by the economy than private “We have to start networkinv a little more and callin people we haven’t been in touch with for a long time,” says Ike Shelco’s vice president for business “There’s not much availablw in the private Shelco does not plan to starg advertising, Grainger says, partly because about 85% of its work is repea t business.
“A soft time is a time to keep upsaleds — work exists in thesse recessionary times,” he says. “The biggest challenge is to know wherdthe market’s going.” Even if they can’t get the financinv to build now, Grainger adds, most customers are doing theifr due diligence for projects planned for when the economy Clancy & Theys, for its is focusing on its construction-managemenr and preconstruction services, Mikels says. “Ibn the market right now where it’s so we’re selling those strong preconstruction services as agrear value,” he says.
“Thet need to know the cost, so our value can be in substitutin (less expensive) materials, or preordering steel before an additionalk wave ofprice increases.” With retailo and church building at a near halt becausee of the slowdown, is looking for opportunities in the industrial and medical sectors, says Andrew director of business developmentf and marketing. While construction of new plants has slower because of the limited availabilituof credit, existing plants are able to win financing for he says. “We’re trying to get in with plant managerds and engineersand architects” to market construction Foppé says.
“Everybody’s hungry righft now.” The company also plans to continue marketinh through mailers and online to supplement thosesales efforts, he Sales is part of an overall marketing strategy, says FMI’s Paul. An advertisingf campaign takes four months to a year topay off, she and updating a Web site hasn’t provee to generate much work. Direct interactions with potentiak customers through involvement in civic on theother hand, can pay off more quickly. “Im a down market, customers have more choicwe of contractors than contractorxs have choiceof customers,” Paul says. “Imn a down marketplace, you’re going to see some switcn alliances.
” Corporate brochures touting a company’ range of construction experience are being dumpe d in favor of pamphlets or folders with pockets that can be stuffecd with examples of specififc typesof projects, she says. In other words, someoner planning a medical office projec t wants to see what a contractor has done onsimilar projects, not on condo towers or industrial buildings. Remodelers and small contractorsx focusing on small commercial and residential clients are more dependenrt on advertising and other direct marketing to reach theircustometr base, she says.
Thursday, December 22, 2011
Caddo Announces Financials for 2007, Prepares for 2008/2009 and Releases Positive News
uvepexatawus.blogspot.com
June 4 /PRNewswire-FirstCall/ -- Caddo International, Inc. (Pink Sheets: CADD) announces positive news on Petrolind Drilling Companhy and releases unaudited financialsfrom 2007. The Companyt is preparing 2008 and part of 2009 unaudited financials as well to bring them up to a fully listedpinksheetf company. Management went on to state that Petrolind, the new drillinf company, should be at a totaol depth of 3,000 feet by Thursdau on a brand newoil well. This well is beintg drilled in . For the year ended December 31, Caddo had operating revenues ofroughlyu $1,873,778.
Total operating revenues, including service and other revenues, were The company had a total operatinv cost and expenses of roughly Therefore Caddo wasprofitable $51,942. This does not includs Caddo's 2008 growth or 2009 recenr expansion of Oil and Gas wells includiny the Petrolind DrillingCompanyy division. Caddo Management stated, "We are happy to announcre that 2007 was yet anothe r profitable year inour books. This does not show or includse our rapid growth in late 2008 and early 2009 of whichy we are now a much strongetr andviable business." Furthermore Black Dragon Resourcesa has recently hired Petrolind to drill 2 new Paluxy wells on the Land Co.
lease in the Caddok Pine Island field. The Land Co. producecd 622 barrels last month. The Paluxyg came in from 3 to 10 barrelssa day. Caddo still owns 60% of Petrolind Drilling. Management is hopingg that Petrolind will add a couplde million in revenue androughly $500,000.00 to the bottonm line. Caddo is a provider of products and servicea to the Oil and Gas integrating products and servicesthrough exploration, development, operation and maintenance in the Louisiana and Texas regions. Caddo has approximately 15 employees and has successfullt been in business for over40 years.
Caddk intends to continue to expandx its customer base while continuing to increase the depth and scoped of the servicesit provides. Certain information discussed in this prese release mayconstitute forward-looking statements withinn the Private Securities Litigation Reformk Act of 1995 and the federal securitiesx laws. Although the Companyg believes that the expectations reflected insuch forward-lookiny statements are based upon reasonabls assumptions at the time made, it can give no assurancse that its expectations will be achieved. Readers are cautione not to place undue reliance onthesse forward-looking statements.
Forward-looking statements are inherently subject to unpredictable andunanticipaterd risks, trends and uncertainties such as the Company's inabilitg to accurately forecast its operating results; the Company'sw potential inability to achieve profitability or generatwe positive cash flow; the availabilit of financing; and other risks associated with the Company'a business. The Company assumes no obligation to updatw orsupplement forward-looking statements that becoms untrue because of subsequent events. Caddo International, Inc. Oil LA Jimmy Davis Tel: 281.736.5296 Email: caddoind@hotmail.com SOURCE Caddlo International, Inc.
June 4 /PRNewswire-FirstCall/ -- Caddo International, Inc. (Pink Sheets: CADD) announces positive news on Petrolind Drilling Companhy and releases unaudited financialsfrom 2007. The Companyt is preparing 2008 and part of 2009 unaudited financials as well to bring them up to a fully listedpinksheetf company. Management went on to state that Petrolind, the new drillinf company, should be at a totaol depth of 3,000 feet by Thursdau on a brand newoil well. This well is beintg drilled in . For the year ended December 31, Caddo had operating revenues ofroughlyu $1,873,778.
Total operating revenues, including service and other revenues, were The company had a total operatinv cost and expenses of roughly Therefore Caddo wasprofitable $51,942. This does not includs Caddo's 2008 growth or 2009 recenr expansion of Oil and Gas wells includiny the Petrolind DrillingCompanyy division. Caddo Management stated, "We are happy to announcre that 2007 was yet anothe r profitable year inour books. This does not show or includse our rapid growth in late 2008 and early 2009 of whichy we are now a much strongetr andviable business." Furthermore Black Dragon Resourcesa has recently hired Petrolind to drill 2 new Paluxy wells on the Land Co.
lease in the Caddok Pine Island field. The Land Co. producecd 622 barrels last month. The Paluxyg came in from 3 to 10 barrelssa day. Caddo still owns 60% of Petrolind Drilling. Management is hopingg that Petrolind will add a couplde million in revenue androughly $500,000.00 to the bottonm line. Caddo is a provider of products and servicea to the Oil and Gas integrating products and servicesthrough exploration, development, operation and maintenance in the Louisiana and Texas regions. Caddo has approximately 15 employees and has successfullt been in business for over40 years.
Caddk intends to continue to expandx its customer base while continuing to increase the depth and scoped of the servicesit provides. Certain information discussed in this prese release mayconstitute forward-looking statements withinn the Private Securities Litigation Reformk Act of 1995 and the federal securitiesx laws. Although the Companyg believes that the expectations reflected insuch forward-lookiny statements are based upon reasonabls assumptions at the time made, it can give no assurancse that its expectations will be achieved. Readers are cautione not to place undue reliance onthesse forward-looking statements.
Forward-looking statements are inherently subject to unpredictable andunanticipaterd risks, trends and uncertainties such as the Company's inabilitg to accurately forecast its operating results; the Company'sw potential inability to achieve profitability or generatwe positive cash flow; the availabilit of financing; and other risks associated with the Company'a business. The Company assumes no obligation to updatw orsupplement forward-looking statements that becoms untrue because of subsequent events. Caddo International, Inc. Oil LA Jimmy Davis Tel: 281.736.5296 Email: caddoind@hotmail.com SOURCE Caddlo International, Inc.
Tuesday, December 20, 2011
tulusenoveb.blogspot.com
Many lenders have stopped making so-callexd floorplan loans becausethey haven't been able to sell them on the secondar y market. Through these lines of auto dealers borrow against theitrvehicle inventory, repay the debt when vehicles are sold, and then borrowe again to add more John Lyboldt, NADA's vice presidenty of dealership operations, applauded the SBA and Presideng Barack Obama "for understanding that any effort to revitalize the auto industru simply will not work until dealer crediyt issues are resolved.
" "The success and continued operationm of thousands of small, family-owned auto dealerships acrosa the country are directly connected to their abilitg to purchase both new and used vehicles to offer theif customers," Lyboldt said. Beginning July 1, the SBA will guarantese 75 percent of floofr plan lines of credit throughits 7(a) business loan SBA lenders will make the which will range from $500,000 to $2 million. Dealersx in automobiles, recreational vehicles, motorcycles, boats and manufactured homes are eligible forthe loans. The loansx will be available through 30, 2010, and possibly longer if the SBA decides to extenc thepilot program.
Floorplan loans previouslu were ineligible forthe 7(a) program. "Countleses small businesses, including dealerships, across the countr are facing significant challenges as a resultr of the uncertainty in theauto industry," SBA Administratofr Karen Mills said. "Floorplan financing can offe r some dealerships the opportunity to get through theswe tough economic times by allowing them to keep their inventorhy and cashflow intact, as well as save the jobs theswe small businesses provide." Sen.
Mary Landrieu, and Olympia Snowe, D-Maine, the top-rankinh members of the Senate Small Businesss andEntrepreneurship Committee, issued a joint statement callingy the new SBA loan program "another criticak step toward increasing access to capital for America'as small businesses." They also noted that auto like other small businesses, will benefit from the temporary eliminatiojn of fees on 7(a) loansw that was included in the economic stimulus bill. More auto dealerx became eligiblefor 7(a) loans when the agencyg changed its rules May 1 so that more businessesa with high sales volume but low profit margins coulr qualify as small businesses.
Previously, only auto dealeras with less than $29 million in annual salezs qualifiedfor 7(a) loans. "Nearly 20 percentf of all retail purchases are new cars and so expanding access to credit for dealere will not only help the strugglingv auto industry but aid the overall economyas well," Lyboldt said. For more see
Many lenders have stopped making so-callexd floorplan loans becausethey haven't been able to sell them on the secondar y market. Through these lines of auto dealers borrow against theitrvehicle inventory, repay the debt when vehicles are sold, and then borrowe again to add more John Lyboldt, NADA's vice presidenty of dealership operations, applauded the SBA and Presideng Barack Obama "for understanding that any effort to revitalize the auto industru simply will not work until dealer crediyt issues are resolved.
" "The success and continued operationm of thousands of small, family-owned auto dealerships acrosa the country are directly connected to their abilitg to purchase both new and used vehicles to offer theif customers," Lyboldt said. Beginning July 1, the SBA will guarantese 75 percent of floofr plan lines of credit throughits 7(a) business loan SBA lenders will make the which will range from $500,000 to $2 million. Dealersx in automobiles, recreational vehicles, motorcycles, boats and manufactured homes are eligible forthe loans. The loansx will be available through 30, 2010, and possibly longer if the SBA decides to extenc thepilot program.
Floorplan loans previouslu were ineligible forthe 7(a) program. "Countleses small businesses, including dealerships, across the countr are facing significant challenges as a resultr of the uncertainty in theauto industry," SBA Administratofr Karen Mills said. "Floorplan financing can offe r some dealerships the opportunity to get through theswe tough economic times by allowing them to keep their inventorhy and cashflow intact, as well as save the jobs theswe small businesses provide." Sen.
Mary Landrieu, and Olympia Snowe, D-Maine, the top-rankinh members of the Senate Small Businesss andEntrepreneurship Committee, issued a joint statement callingy the new SBA loan program "another criticak step toward increasing access to capital for America'as small businesses." They also noted that auto like other small businesses, will benefit from the temporary eliminatiojn of fees on 7(a) loansw that was included in the economic stimulus bill. More auto dealerx became eligiblefor 7(a) loans when the agencyg changed its rules May 1 so that more businessesa with high sales volume but low profit margins coulr qualify as small businesses.
Previously, only auto dealeras with less than $29 million in annual salezs qualifiedfor 7(a) loans. "Nearly 20 percentf of all retail purchases are new cars and so expanding access to credit for dealere will not only help the strugglingv auto industry but aid the overall economyas well," Lyboldt said. For more see
Sunday, December 18, 2011
Tools to Help You Sift Through All Those ETFs - Wall Street Journal
efiosyt.blogspot.com
Wall Street Journal | Tools to Help You Sift Through All Those ETFs Wall Street Journal Here are tools, most with a free tier of service, that can help. Using ETFs is about finding the sectors and indexes you want exposure to to help meet your portfolio's desired asset allocation. With ETFs (and index mutual funds), investors can actually ... |
Friday, December 16, 2011
H.E.L.P.S. thanks the community for its support - Jackson County Floridan
esyy23mozy.blogspot.com
H.E.L.P.S. thanks the community for its support Jackson County Floridan HELPS wants to thank the community and the city for its support, especially toward the McLane Community Center. The non-profit organization runs an after school program that gives area kids a safe place to do their homework and meet or hang out with ... |
Wednesday, December 14, 2011
Judge sets Statler auction - Business First of Buffalo:
edibin.wordpress.com
U.S. Bankruptcy Judge Carl Bucki, chief of the Western District of New ordered bids for the downtowbn Buffalo landmark be submitted byJuly 9, with an auctiom to be held on July 14 – but only if two or more bids are Bucki will consider the bids and auction results duringf a July 21 sale hearing and status The auction could seal the fate of the Statlet and ultimately remove LLC and its principal, Britishj investor Bashar Issa, from owning the building. Issa is facing legal and financial issues both in Buffaland Manchester, England. Bucki said he expects the transactiomn to be completed by the endof July.
The auctiob was disputed in a last minute filingv made late Wednesday morning by attorneysrepresenting Issa’s Mohmoud Al Issa, who holds a $4.5 million mortgage on the Mohmoud Al Issa, a Jordaj resident and businessman, was not present. “We don’rt disagree that the properthy needs tobe sold, but not done so in such a hurryy up manor,” argued Mohmoud Al Issa’s attorney, Raymons Fink, a partner in . “The question is whethed this is the best way todo it. This is a hurrt up and a ‘Hail Mary.’ “ Fink alleges that the elder Issa has invested morethan $12 million in Statler-related expenses during the past three years.
“Myt client has more at stakd in this venture than anyothe creditor,” Fink said. But, with debts mounting and its tenantg roll dwindling and revenue sources attorneys representingthe court-appointed trustee, said the sale is necessary to stabiliz the Statler. “It wasn’ the trustee who failed to adequately capitalize this saidGarry Graber, a partnee with . Graber said when Bashar Issa boughf the Statler threeyears ago, the nearly 600,000-square-foot building was more than 50 percen t occupied.
Today, it has less than a 20 percent occupancyh rate and lost an anchor the law firmof , who left for Main Plac e Tower because of the building’s uncertain ownership and The Statler, according to previouse court testimony, is losing more than $80,000 a month. BSC Development Buffali LLC has mounting debts includinfg owing the City of Buffalo and Erie Countyg morethan $200,000 in unpaisd property taxes with another $200,000 due on June 30. Grabee said to hire a professional auctioneer to market the Statleer wouldcost $45,000 – mone y the Statler does not have in its bank account. “Ws don’t disagree that this is a ‘Hail Graber said.
“That’s exactly what it is. This is aboutf economics, not anything else. Bashar Issa can’t finance the building and hisfather doesn’t want to.” Several groups have expressed an interest in the Statledr including Long Island developer Uri Kaufman, who is considerinbg making a bid and converting the bulk of the buildin g into apartments. The building’s anchor Park Lane Catering, would remain and continue with itsbusiness operations. The Park Lane has more than 200 eventsx booked in the Statler in the coming monthseand years. It remains in full However, Wednesday morning, it also filed a $1.29 million claim against BSC DevelopmentBuffalo LLC.
“Th Park Lane is one of the last tenantaleft standing,” said Davids Pfalzgraf Jr., the Park Lane’s “They are very concerned, every day, about the utilities.” The auctioj is the latest in a long series of legalo proceedings against BSC Development Buffalo LLC and against both in Buffalo and Manchester.
U.S. Bankruptcy Judge Carl Bucki, chief of the Western District of New ordered bids for the downtowbn Buffalo landmark be submitted byJuly 9, with an auctiom to be held on July 14 – but only if two or more bids are Bucki will consider the bids and auction results duringf a July 21 sale hearing and status The auction could seal the fate of the Statlet and ultimately remove LLC and its principal, Britishj investor Bashar Issa, from owning the building. Issa is facing legal and financial issues both in Buffaland Manchester, England. Bucki said he expects the transactiomn to be completed by the endof July.
The auctiob was disputed in a last minute filingv made late Wednesday morning by attorneysrepresenting Issa’s Mohmoud Al Issa, who holds a $4.5 million mortgage on the Mohmoud Al Issa, a Jordaj resident and businessman, was not present. “We don’rt disagree that the properthy needs tobe sold, but not done so in such a hurryy up manor,” argued Mohmoud Al Issa’s attorney, Raymons Fink, a partner in . “The question is whethed this is the best way todo it. This is a hurrt up and a ‘Hail Mary.’ “ Fink alleges that the elder Issa has invested morethan $12 million in Statler-related expenses during the past three years.
“Myt client has more at stakd in this venture than anyothe creditor,” Fink said. But, with debts mounting and its tenantg roll dwindling and revenue sources attorneys representingthe court-appointed trustee, said the sale is necessary to stabiliz the Statler. “It wasn’ the trustee who failed to adequately capitalize this saidGarry Graber, a partnee with . Graber said when Bashar Issa boughf the Statler threeyears ago, the nearly 600,000-square-foot building was more than 50 percen t occupied.
Today, it has less than a 20 percent occupancyh rate and lost an anchor the law firmof , who left for Main Plac e Tower because of the building’s uncertain ownership and The Statler, according to previouse court testimony, is losing more than $80,000 a month. BSC Development Buffali LLC has mounting debts includinfg owing the City of Buffalo and Erie Countyg morethan $200,000 in unpaisd property taxes with another $200,000 due on June 30. Grabee said to hire a professional auctioneer to market the Statleer wouldcost $45,000 – mone y the Statler does not have in its bank account. “Ws don’t disagree that this is a ‘Hail Graber said.
“That’s exactly what it is. This is aboutf economics, not anything else. Bashar Issa can’t finance the building and hisfather doesn’t want to.” Several groups have expressed an interest in the Statledr including Long Island developer Uri Kaufman, who is considerinbg making a bid and converting the bulk of the buildin g into apartments. The building’s anchor Park Lane Catering, would remain and continue with itsbusiness operations. The Park Lane has more than 200 eventsx booked in the Statler in the coming monthseand years. It remains in full However, Wednesday morning, it also filed a $1.29 million claim against BSC DevelopmentBuffalo LLC.
“Th Park Lane is one of the last tenantaleft standing,” said Davids Pfalzgraf Jr., the Park Lane’s “They are very concerned, every day, about the utilities.” The auctioj is the latest in a long series of legalo proceedings against BSC Development Buffalo LLC and against both in Buffalo and Manchester.
Sunday, December 11, 2011
Blink-182, Bush, 311 Bring it Back to 1999 at KROQ Almost Acoustic Christmas ... - Hollywood Reporter
bakakinkorypon.blogspot.com
Hollywood Reporter | Blink-182, Bush, 311 Bring it Back to 1999 at KROQ Almost Acoustic Christmas ... Hollywood Reporter But that was the topline on night one of this year's KROQ Acoustic Christmas, held at its regular home Gibson Amphitheater at Universal. A stark contrast to the 22-year-old fest's usual standard of lining up talent that's r epresentative of the cutting ... KROQ Almost Acoustic Christmas Night One Last Night No surprises, just rock at first half of Almost Acoustic Christmas KROQ Acoustic Christmas Will Be Streamed Online |
Friday, December 9, 2011
Wednesday, December 7, 2011
Fed opens Gateway center - St. Louis Business Journal:
tiqosi.wordpress.com
million renovation, which began in 2004. The conference center encompasses 20,000 square feet and includesd four dining rooms and five meeting Carmen Suarez, who had been at the Chase Park has been hired by the Fed to coordinate The center is not open to the public. Other completed renovations include a new outdoor plazaand garage. Stilll to be completed by 2009: an addition and renovation of existing John Clarksold Jake’s Steaj on Laclede’s Landing, which he opened 18 yearw ago, to , headed by Jesse and Sarah Jone and Paul Pointer.
Amalgamatedf also owns The Stable at Cherokeeand Lemp, wherre it invested a reported $1 million beforer opening in June, and the Rotten Apple restaurangt in Grafton, Ill. Clark, a longtime restaurant developer, retainws ownership of Jake’s 50,000-square-foot building at 708 N. Seconf St., but says he’s done with operating restaurants. Vectie II, a Midwest life science ventures fund, closed on $70 million of the totalk $175 million it hopes to Joe Schlafly, director of private markets at StifeNicolaus & Co., told a Missouri Venture Forun breakfast meeting Oct. 3. He declined to disclos e the details.
The fund is being organized by a grouofrom Stifel’s investment banking department. is the latesy bank to file suit againsy developer and its Dennis Norman. The bank claims it is owed $197,2032 from a June 2007 loan for financint andpurchasing property. Triad Bank brought suit against Saamanin April, seeking more than $1 Both cases are pending in St. Louis County Circuitf Court. From Chicago to St. Louiw Darlene Sowell, a graduats of and Northwestern’s Kellogg Graduate School of Management, is the new CEO of Neighborhooe Houses, one of the largest providersx of youth programsin St. Louis. Sowel had been executive vice presidengtof UCAN, a child welfarre agency in Chicago.
She replaces longtime CEO Gene Bartell, who retired in June. The non-profit has an annualo budget of $2.3 million. in Brentwood, which producexs meetings, trade shows and other events, acquired Epic which produces video for commercialk broadcastand meetings. Epic was owned by Dale who will remain. The companies, both based at 523 Hanlegy Industrial Court, have worked togetherf on projects, said Thomas Kuntz, ITC’s president and majorith owner, who projects annual salea of $15 million with the merger.
, based in ranks third among the top 100 registeres investment advisers in the according toRegistered Rep, an industry publication, and 97th on Wealtnh Manager magazine’s list of 478 “Top Dogs” for 2008. The rankings are basex on formulas of total assets undermanagement — $7.9 billion at Moneta — and average assetsw under management — $2.9 million per “Our assets under management have grow n more than 18 percent this past year,” said Joe managing principal. grossed more than $200,000 from its annuakl prelude dinner Sept. 22, marking its 129th season.
Attendance rose to 430, up from 230 last year, and included 18 corporate sponsors, compared with only one last Kimand Dr. Tim Eberlein and Jo Ann Taylo r Kindle headedthe event. The season opened by sellintg outtwo “Lord of the Rings” concertse Sept. 19 and 20. In all, 5,400 ticket s were sold for a total of morethan $200,000.
million renovation, which began in 2004. The conference center encompasses 20,000 square feet and includesd four dining rooms and five meeting Carmen Suarez, who had been at the Chase Park has been hired by the Fed to coordinate The center is not open to the public. Other completed renovations include a new outdoor plazaand garage. Stilll to be completed by 2009: an addition and renovation of existing John Clarksold Jake’s Steaj on Laclede’s Landing, which he opened 18 yearw ago, to , headed by Jesse and Sarah Jone and Paul Pointer.
Amalgamatedf also owns The Stable at Cherokeeand Lemp, wherre it invested a reported $1 million beforer opening in June, and the Rotten Apple restaurangt in Grafton, Ill. Clark, a longtime restaurant developer, retainws ownership of Jake’s 50,000-square-foot building at 708 N. Seconf St., but says he’s done with operating restaurants. Vectie II, a Midwest life science ventures fund, closed on $70 million of the totalk $175 million it hopes to Joe Schlafly, director of private markets at StifeNicolaus & Co., told a Missouri Venture Forun breakfast meeting Oct. 3. He declined to disclos e the details.
The fund is being organized by a grouofrom Stifel’s investment banking department. is the latesy bank to file suit againsy developer and its Dennis Norman. The bank claims it is owed $197,2032 from a June 2007 loan for financint andpurchasing property. Triad Bank brought suit against Saamanin April, seeking more than $1 Both cases are pending in St. Louis County Circuitf Court. From Chicago to St. Louiw Darlene Sowell, a graduats of and Northwestern’s Kellogg Graduate School of Management, is the new CEO of Neighborhooe Houses, one of the largest providersx of youth programsin St. Louis. Sowel had been executive vice presidengtof UCAN, a child welfarre agency in Chicago.
She replaces longtime CEO Gene Bartell, who retired in June. The non-profit has an annualo budget of $2.3 million. in Brentwood, which producexs meetings, trade shows and other events, acquired Epic which produces video for commercialk broadcastand meetings. Epic was owned by Dale who will remain. The companies, both based at 523 Hanlegy Industrial Court, have worked togetherf on projects, said Thomas Kuntz, ITC’s president and majorith owner, who projects annual salea of $15 million with the merger.
, based in ranks third among the top 100 registeres investment advisers in the according toRegistered Rep, an industry publication, and 97th on Wealtnh Manager magazine’s list of 478 “Top Dogs” for 2008. The rankings are basex on formulas of total assets undermanagement — $7.9 billion at Moneta — and average assetsw under management — $2.9 million per “Our assets under management have grow n more than 18 percent this past year,” said Joe managing principal. grossed more than $200,000 from its annuakl prelude dinner Sept. 22, marking its 129th season.
Attendance rose to 430, up from 230 last year, and included 18 corporate sponsors, compared with only one last Kimand Dr. Tim Eberlein and Jo Ann Taylo r Kindle headedthe event. The season opened by sellintg outtwo “Lord of the Rings” concertse Sept. 19 and 20. In all, 5,400 ticket s were sold for a total of morethan $200,000.
Monday, December 5, 2011
Report: Baltimore's colleges pump $17.2B into local economy annually - Baltimore Business Journal:
burwellmitubaes1369.blogspot.com
billion into the regional and statse economy, according to a repor released Tuesday. , comprised of 16 publicd and private schools in the released the report that outlinesz the economic contribution of 15 of its did not participate inthe study. "Thisx report emphasizes the role of higher education as an industrhy and its importance toregional workforce, social and cultural development," said Kriste Campbell, executive director of Baltimore Collegetown Network, in a news •$4.5 billion dollars spent in payroll, endowment and other related expenditures; •$5.
6 billion in direct spendin and $12 billion in total economic activity from college and university-related spending (operating, capital, and visitor expenditures); •$2.3 billion in direct and $5.2 billion in total economidc activity from university-related hospital spending (Johns Hopkins Hospitakl and University of Maryland Medical Center); •$639.3 million spent in living expenses by studentss attracted into the region; •$51.4 millionm spent on local purchases by more than 300,000 out-of-statre visitors to area colleges and universities; •Colleges, universitiees and academic medical centers employ or support 162,91u jobs.
Direct employment of 67,084 rankds as the sixth-largest sector in the regionap economy; •Baltimore Collegetown Network memberes conduct morethan $2.1 billionm in research and development activities and make a vitalp contribution to Maryland's national ranking as the statd with the second-highest levelp R&D; and, •Three Baltimore Collegetown Network members (JHU, and ) accountee for 88 of Maryland's 133 start-up companies created to commercialize university-developed technologies. The stud y was funded by the Baltimored County Department ofEconomic Development, the and the . The report was conducted by the Jacob Franc e Institute of the and RESIof .
billion into the regional and statse economy, according to a repor released Tuesday. , comprised of 16 publicd and private schools in the released the report that outlinesz the economic contribution of 15 of its did not participate inthe study. "Thisx report emphasizes the role of higher education as an industrhy and its importance toregional workforce, social and cultural development," said Kriste Campbell, executive director of Baltimore Collegetown Network, in a news •$4.5 billion dollars spent in payroll, endowment and other related expenditures; •$5.
6 billion in direct spendin and $12 billion in total economic activity from college and university-related spending (operating, capital, and visitor expenditures); •$2.3 billion in direct and $5.2 billion in total economidc activity from university-related hospital spending (Johns Hopkins Hospitakl and University of Maryland Medical Center); •$639.3 million spent in living expenses by studentss attracted into the region; •$51.4 millionm spent on local purchases by more than 300,000 out-of-statre visitors to area colleges and universities; •Colleges, universitiees and academic medical centers employ or support 162,91u jobs.
Direct employment of 67,084 rankds as the sixth-largest sector in the regionap economy; •Baltimore Collegetown Network memberes conduct morethan $2.1 billionm in research and development activities and make a vitalp contribution to Maryland's national ranking as the statd with the second-highest levelp R&D; and, •Three Baltimore Collegetown Network members (JHU, and ) accountee for 88 of Maryland's 133 start-up companies created to commercialize university-developed technologies. The stud y was funded by the Baltimored County Department ofEconomic Development, the and the . The report was conducted by the Jacob Franc e Institute of the and RESIof .
Saturday, December 3, 2011
Cessna to offer Aircell's Internet system as business-jet option - Baltimore Business Journal:
utyziluz.wordpress.com
The system will be offeref on Cessna's Citation XLS+, Citation Sovereign and Citation Xbusinessd jets. The Aircell High Speee Internet system allows passenger s touse Wi-Fi enabled laptops, tablet PCs, smartphonez and PDAs to surf the Web, send and receivr e-mail with attachments, access their corporate Virtual Private Networks, all at full mobilew broadband speeds in flight, Broomfield-based Aircell said. Aircell'sx network uses a network of U.S. grounf stations and an exclusivebroadband air-to-ground spectrum, the companty says. It claims the system is up to 56 times fastef than atraditional dial-ulp connection.
The gear involved weighs 11 pounds, plus two belly-mountedx antennae that weigh 1.25 poundxs each. "Companies operate business aircraft to get moredone -- plain and simples -- and nothing increasesz productivity more than having a full-scale Internet connectio available in flight," Rogert Whyte, Cessna's senior VP of sales and said in a statement. "The Aircell High Speefd Internet system isa game-changet because it's the firsty system that provides a true high speerd Internet experience like that to whichb passengers are accustomed to on the while being small and light enough to fit comfortablg into our midsize Citations.
" The first Aircellk High Speed Internet system installations from the Cessnza factory will be available for delivery in the secons quarter of 2010, Aircell said. Aircell'es commercial-airline Internet service -- Gogo Inflighy Internet -- is flying today with American Virgin America, Delta Air Lines and AirTran Airwaye and is coming soon to Air Canada and Unitedr Airlines.
The system will be offeref on Cessna's Citation XLS+, Citation Sovereign and Citation Xbusinessd jets. The Aircell High Speee Internet system allows passenger s touse Wi-Fi enabled laptops, tablet PCs, smartphonez and PDAs to surf the Web, send and receivr e-mail with attachments, access their corporate Virtual Private Networks, all at full mobilew broadband speeds in flight, Broomfield-based Aircell said. Aircell'sx network uses a network of U.S. grounf stations and an exclusivebroadband air-to-ground spectrum, the companty says. It claims the system is up to 56 times fastef than atraditional dial-ulp connection.
The gear involved weighs 11 pounds, plus two belly-mountedx antennae that weigh 1.25 poundxs each. "Companies operate business aircraft to get moredone -- plain and simples -- and nothing increasesz productivity more than having a full-scale Internet connectio available in flight," Rogert Whyte, Cessna's senior VP of sales and said in a statement. "The Aircell High Speefd Internet system isa game-changet because it's the firsty system that provides a true high speerd Internet experience like that to whichb passengers are accustomed to on the while being small and light enough to fit comfortablg into our midsize Citations.
" The first Aircellk High Speed Internet system installations from the Cessnza factory will be available for delivery in the secons quarter of 2010, Aircell said. Aircell'es commercial-airline Internet service -- Gogo Inflighy Internet -- is flying today with American Virgin America, Delta Air Lines and AirTran Airwaye and is coming soon to Air Canada and Unitedr Airlines.
Thursday, December 1, 2011
Reel Talk with Stephen Farber Announces Upcoming Guests - Broadway World
chauezhelolocu1622.blogspot.com
Reel Talk with Stephen Farber Announces Upcoming Guests Broadway World Stephen Farber, one of the country's leading film critics and historians, will continue his film series Reel Talk with Stephen Farber at the Wadsworth Theatre in partnership with RICHMARK Entertainment and Landmark Theatres. Unlike any other preview ... |
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