titus-neither.blogspot.com
Maria Elna Flora, 59, of Sacramento allegedlhy tookabout $350,000 from her insuranc customers for what she said were high-interest real estate investments. Instead, she used the moneyg for nearly daily slot machine sessions at Thunder Valleyt Casinonear Lincoln, according to a release from the officse of Attorney General Jerry Brown. From January 2005 through Augusf 2007, she convinced at leasr 10 of her clients, who range in age from 67 to 92, to transfert money from their insurance policies and saving s accountsto her. In most she would make a few interest payments and then stop according tothe release. The case was investigater by the Yolo Countyy district attorney andthe .
Victimx came from at least six Northern California counties to investf in herponzi scheme. The victims residwe in Butte, El Dorado, Sacramento, Stanislaus and Yolo counties.
Sunday, December 30, 2012
Saturday, December 29, 2012
AIMs student test scores move up - Phoenix Business Journal:
retention-jackjacks.blogspot.com
The 2009 AIMS test scores are up for all subjectzs and when broken down by the numbers are up or steady for all Statewide scores in reading and writin g showed the most improvementthis year, with writin increasing to a proficiency level of 65 percent last year to 75 Reading levels increased from 68 percent in 2008 to 71 percent this Horne said students and teacher have been working very hard to improve scores in all subjectf areas, showing steady increases in overallp academic performance statewide. A couple of months ago, a task forcd set up by the Arizona Legislature determinedd that the AIMS test will continue as a graduatiomn requirement for highschool students, Horne said.
“I thinki the public has accepted theAIMS test,” he “We poll it every year and we have closr to a two-to-one supporf for requirements for kids to pass the AIMS test to graduate.” Faced with budget cuts earlier this the Arizona Board of Regents had consideref dumping the AIMS Tuition Scholarship for state which is given to students who reacb the top level in all threde subject areas and maintain an A or B averagwe throughout high school. But those scholarships will be at least foranother year, said Regentxs President Ernie Calderon. In 2,518 students attended one of the three state universities on theAIMS scholarship, compared with 2,0587 in 2007.
That number is expected to go down this year because studentws only get to retake the test threw times to qualify for the scholarshil insteadof five. Compared with the rest of the Arizona students who took the national TerraNova test performer above the national average in both readingand Still, Arizona lags behind the country in per pupil spending. “We’re doing a good job with the resourcewwe have,” Horne said.
A complete list of AIMS test resultesby grade, school, district, charter and county are available at
The 2009 AIMS test scores are up for all subjectzs and when broken down by the numbers are up or steady for all Statewide scores in reading and writin g showed the most improvementthis year, with writin increasing to a proficiency level of 65 percent last year to 75 Reading levels increased from 68 percent in 2008 to 71 percent this Horne said students and teacher have been working very hard to improve scores in all subjectf areas, showing steady increases in overallp academic performance statewide. A couple of months ago, a task forcd set up by the Arizona Legislature determinedd that the AIMS test will continue as a graduatiomn requirement for highschool students, Horne said.
“I thinki the public has accepted theAIMS test,” he “We poll it every year and we have closr to a two-to-one supporf for requirements for kids to pass the AIMS test to graduate.” Faced with budget cuts earlier this the Arizona Board of Regents had consideref dumping the AIMS Tuition Scholarship for state which is given to students who reacb the top level in all threde subject areas and maintain an A or B averagwe throughout high school. But those scholarships will be at least foranother year, said Regentxs President Ernie Calderon. In 2,518 students attended one of the three state universities on theAIMS scholarship, compared with 2,0587 in 2007.
That number is expected to go down this year because studentws only get to retake the test threw times to qualify for the scholarshil insteadof five. Compared with the rest of the Arizona students who took the national TerraNova test performer above the national average in both readingand Still, Arizona lags behind the country in per pupil spending. “We’re doing a good job with the resourcewwe have,” Horne said.
A complete list of AIMS test resultesby grade, school, district, charter and county are available at
Friday, December 28, 2012
UPMC gains access to patients abroad - Pittsburgh Business Times:
fugycyquwod.blogspot.com
In an agreement signed earlier this the Irish government granted provider status to UPMC Cancer Centers underdthe country's public healthg plan. The move means patients with publicf health insurance can be treatecd at the existing UPMC Whitfield Canced Centre inWaterford -- its first international outpost -- and at Beaconh Cancer Centre, a new UPMC Cancer Centers facilitgy that is scheduled to open next month soutjh of Dublin. Ireland's public health plan covers nearly half its population of some 4milliob people, and the Whitfield Centre opened in October as a facility for people with private insurance.
Now, UPMC will be able to treayt patients who are covered by the governmentg plan atboth facilities, as More important, the recognition by the Irish governmengt could open doors for UPMC in the neighboringg United Kingdom, where negotiations for still other radiation therapy centers are ongoing. "It's an enormouas breakthrough," said Chuck vice president of UPMC's strategixc business initiatives. "It's already had significant implications in the where very advanced stages of discussions areunderf way. "What differentiates us from everybody else isthat we'res on the ground running cancerf centers.
" Bogosta declined to discloss what other locations UPMC is considering. The Irelaned deal comes as several private hospitals are beinhg planned throughoutthat country, in part to address crowdin g and treatment delays at publicly owned health It also comes at a time when the Britisyh government has begun contracting with private companies to providd health care to residents of the according to Joe Farrington-Douglas, researchu fellow at the Institute for Public Policy Research, a London-basede think tank. "The governmentf monopoly is being challenged at the moment to save money andimprove efficiency," Farrington-Douglas said.
"It's almost a new marker -- opportunities will be Just a handful of internationaol health care firms have been recognized as providers by theBritisb government, he said. UPMC is among the firsyt American providers to win recognition from the Irish which is comparable to becoming a Medicare providetr inthe U.S., said Stephanie Forde, propertyy investment advisor at Goodbody Stockbroker in Dublin. "It certainly coulcd open up for more operations coming into the Forde said. "The private hospitaol market is growing.
" UPMC's plans in Irelanrd are part of thehealthh system's hub-and-spoke model for providingf radiation oncology care in partnership with community hospitals and privat e developers, a model it pioneered at smaller hospitals throughout Western Pennsylvania in recent years. UPMC enteredf 50/50 partnerships with private developerzs to open its Ireland It workedwith Dublin-based Euro Care for the UPMC Whitfield Cancet Centre, an affiliate of the 40-besd Whitfield Clinic; and Plano, Texas-based , the third-largesy hospital company in the U.S., for the new Beacohn Cancer Centre. The Beacon Centre is an affiliate ofthe 183-bed , which openedr in November, Triad's first hospital outsidw the U.
S. Euro Care is owned by dentisty Jim Madden andwife Mary. Triad is a publicly tradef company. Beacon Hospital CEO Deborah Brehe said herorganizatiom "got a good feeling" from UPMC. "Their ability to provide treatment planninhg and to help us here in Ireland to collaborate with the physicisf team in Pittsburgh is a real Brehe said. She said treatment plans for Beaconm cancer patients will be developed in Ireland in consultation with physicists at D3 AdvancedRadiatiohn Planning, a Shadyside-based company which UPMC co-founded in 2002 and partially owns. "We do our own planning here, but we have the backup of the Pittsburgh crew if we need Brehe said.
UPMC's partnership with Triad also opensd the door to cancer care agreements with the 53 othed hospitals Triad operates inthe U.S., Brehe said. "There are certainlyt opportunities," she said, but no current discussions.
In an agreement signed earlier this the Irish government granted provider status to UPMC Cancer Centers underdthe country's public healthg plan. The move means patients with publicf health insurance can be treatecd at the existing UPMC Whitfield Canced Centre inWaterford -- its first international outpost -- and at Beaconh Cancer Centre, a new UPMC Cancer Centers facilitgy that is scheduled to open next month soutjh of Dublin. Ireland's public health plan covers nearly half its population of some 4milliob people, and the Whitfield Centre opened in October as a facility for people with private insurance.
Now, UPMC will be able to treayt patients who are covered by the governmentg plan atboth facilities, as More important, the recognition by the Irish governmengt could open doors for UPMC in the neighboringg United Kingdom, where negotiations for still other radiation therapy centers are ongoing. "It's an enormouas breakthrough," said Chuck vice president of UPMC's strategixc business initiatives. "It's already had significant implications in the where very advanced stages of discussions areunderf way. "What differentiates us from everybody else isthat we'res on the ground running cancerf centers.
" Bogosta declined to discloss what other locations UPMC is considering. The Irelaned deal comes as several private hospitals are beinhg planned throughoutthat country, in part to address crowdin g and treatment delays at publicly owned health It also comes at a time when the Britisyh government has begun contracting with private companies to providd health care to residents of the according to Joe Farrington-Douglas, researchu fellow at the Institute for Public Policy Research, a London-basede think tank. "The governmentf monopoly is being challenged at the moment to save money andimprove efficiency," Farrington-Douglas said.
"It's almost a new marker -- opportunities will be Just a handful of internationaol health care firms have been recognized as providers by theBritisb government, he said. UPMC is among the firsyt American providers to win recognition from the Irish which is comparable to becoming a Medicare providetr inthe U.S., said Stephanie Forde, propertyy investment advisor at Goodbody Stockbroker in Dublin. "It certainly coulcd open up for more operations coming into the Forde said. "The private hospitaol market is growing.
" UPMC's plans in Irelanrd are part of thehealthh system's hub-and-spoke model for providingf radiation oncology care in partnership with community hospitals and privat e developers, a model it pioneered at smaller hospitals throughout Western Pennsylvania in recent years. UPMC enteredf 50/50 partnerships with private developerzs to open its Ireland It workedwith Dublin-based Euro Care for the UPMC Whitfield Cancet Centre, an affiliate of the 40-besd Whitfield Clinic; and Plano, Texas-based , the third-largesy hospital company in the U.S., for the new Beacohn Cancer Centre. The Beacon Centre is an affiliate ofthe 183-bed , which openedr in November, Triad's first hospital outsidw the U.
S. Euro Care is owned by dentisty Jim Madden andwife Mary. Triad is a publicly tradef company. Beacon Hospital CEO Deborah Brehe said herorganizatiom "got a good feeling" from UPMC. "Their ability to provide treatment planninhg and to help us here in Ireland to collaborate with the physicisf team in Pittsburgh is a real Brehe said. She said treatment plans for Beaconm cancer patients will be developed in Ireland in consultation with physicists at D3 AdvancedRadiatiohn Planning, a Shadyside-based company which UPMC co-founded in 2002 and partially owns. "We do our own planning here, but we have the backup of the Pittsburgh crew if we need Brehe said.
UPMC's partnership with Triad also opensd the door to cancer care agreements with the 53 othed hospitals Triad operates inthe U.S., Brehe said. "There are certainlyt opportunities," she said, but no current discussions.
Tuesday, December 25, 2012
Christmas morning snow has largely washed away, but more snow around the ... - Boston.com
meaning-sarajevo.blogspot.com
Christmas morning snow has largely washed away, but more snow around the ... Boston.com Bay Staters opened their eyes Christmas morning to flakes of snow gently drifting to the ground, but much of the white stuff has since washed away. Some grassy areas and cars may still be white, but all of the snow has transitioned to rain, said ... |
Monday, December 24, 2012
Tech workers can look on bright side - Business First of Columbus:
fugycyquwod.blogspot.com
He also wanted to tap into the deep poolof Austin-areza microprocessor industry workers who have been laid off during the last couplre of years. Such workers possess the skills that translatr well to the solar energy VanDell said. And as the number of local microprocessor industry workers reacheda three-year low in the timing of solar companiesz migrating to Central Texas couldn’t be better for area workers — nor the businesses that need “A solar cell is a semiconducto that generates electricity when you shinew light on it,” Van Dell said.
“Fortunately, I was quitee well aware of the strontg mix of companies and the skill base in That was definitely on my mind when I moved thecompanh here.” SolarBridge’s move is a scenario that locall officials want to repeat multiple times with the hope that solart panel manufacturing fills the void left by the contraction in the microprocessotr industry. But the lack of financial incentives from the state is creatingy a dampening effect on attracting solar companies to theAustibn area, observers say.
Proposed state legislation to creatwa $1 billion so-called “Sunny Day Fund” for Texas to obtain federal grants under the Americajn Recovery and Reinvestment Act woulcd have been used to attract such especially foreign solar companies that want to establisj their North American headquarters in the Austin experts say. But the which received a public hearingin April, died in the states House Appropriations Committee. To SolarBridge, which was founded in 2004 as SmartSpark EnergytSystems Inc., and HelioVoltf Inc. are the two most prominent solar energyy businesses operating in theAustibn area.
HelioVolt, which is backed with at leas $118 million in venture capital, is wrapping up a plant that will eventualluy crank out a thin film that acts as asoladr panel. “After June, I think therd are going to be some projects rollingin here,” said Raj managing partner of the Mercom Capital Groupp LLC, an Austin-based technology researcu firm. “It is ‘Who is going to give me the best incentivw packageright now?’” The semiconductor industruy is consolidating, and jobs that are leaving Texaas are not expected to return. Central Texaa has lost 500 microprocessor industr y jobs justthis year.
Local chip companies now emplogy 15,700 workers — the lowest level of such local jobs sincewApril 2006, according to the U.S. Bureau of Labor During the first quarter, worldwidw sales of semiconductorsreached $44 billion versus $62.78 billion during the same period last year, a nearlhy 30 percent decline, the Semiconductor Industry Association On the flipside, the demand for solar technology is growing fast. Randalo Baker, the principal of Austin-basecd PuraVida Ventures LLC, said otherd states are throwing big money at prospectives solar companies to woo them into establishing manufacturing plants intheir states.
Many state officialsa believe Texas doesn’t need to do so it isn’t. But it also has the formerr chip workers to offersuch companies, and thos workers can be retrained for solat in eight weeks to 16 weeks, Baker said. But the clock is In March, Bret Raymis, who worked for 30 years in thesemiconductort industry, joined Austin-based Apache-Solar Corp., where he is now the vice presideng of business development. The company is developing a system with photovoltaivc cells combined with architecturaglass panels, and plans to begih production within 12 months. He said solarf is still early in its development compared with the progress that semiconductore made inrecent decades.
Investors and companie s need to ramp up solae technology in the United State s before the technology gains a footholdin “They’re sitting on the fenced with their money,” Raymis said, “anr they’re going to wake up and all that [solar] busineses will go to China.”
He also wanted to tap into the deep poolof Austin-areza microprocessor industry workers who have been laid off during the last couplre of years. Such workers possess the skills that translatr well to the solar energy VanDell said. And as the number of local microprocessor industry workers reacheda three-year low in the timing of solar companiesz migrating to Central Texas couldn’t be better for area workers — nor the businesses that need “A solar cell is a semiconducto that generates electricity when you shinew light on it,” Van Dell said.
“Fortunately, I was quitee well aware of the strontg mix of companies and the skill base in That was definitely on my mind when I moved thecompanh here.” SolarBridge’s move is a scenario that locall officials want to repeat multiple times with the hope that solart panel manufacturing fills the void left by the contraction in the microprocessotr industry. But the lack of financial incentives from the state is creatingy a dampening effect on attracting solar companies to theAustibn area, observers say.
Proposed state legislation to creatwa $1 billion so-called “Sunny Day Fund” for Texas to obtain federal grants under the Americajn Recovery and Reinvestment Act woulcd have been used to attract such especially foreign solar companies that want to establisj their North American headquarters in the Austin experts say. But the which received a public hearingin April, died in the states House Appropriations Committee. To SolarBridge, which was founded in 2004 as SmartSpark EnergytSystems Inc., and HelioVoltf Inc. are the two most prominent solar energyy businesses operating in theAustibn area.
HelioVolt, which is backed with at leas $118 million in venture capital, is wrapping up a plant that will eventualluy crank out a thin film that acts as asoladr panel. “After June, I think therd are going to be some projects rollingin here,” said Raj managing partner of the Mercom Capital Groupp LLC, an Austin-based technology researcu firm. “It is ‘Who is going to give me the best incentivw packageright now?’” The semiconductor industruy is consolidating, and jobs that are leaving Texaas are not expected to return. Central Texaa has lost 500 microprocessor industr y jobs justthis year.
Local chip companies now emplogy 15,700 workers — the lowest level of such local jobs sincewApril 2006, according to the U.S. Bureau of Labor During the first quarter, worldwidw sales of semiconductorsreached $44 billion versus $62.78 billion during the same period last year, a nearlhy 30 percent decline, the Semiconductor Industry Association On the flipside, the demand for solar technology is growing fast. Randalo Baker, the principal of Austin-basecd PuraVida Ventures LLC, said otherd states are throwing big money at prospectives solar companies to woo them into establishing manufacturing plants intheir states.
Many state officialsa believe Texas doesn’t need to do so it isn’t. But it also has the formerr chip workers to offersuch companies, and thos workers can be retrained for solat in eight weeks to 16 weeks, Baker said. But the clock is In March, Bret Raymis, who worked for 30 years in thesemiconductort industry, joined Austin-based Apache-Solar Corp., where he is now the vice presideng of business development. The company is developing a system with photovoltaivc cells combined with architecturaglass panels, and plans to begih production within 12 months. He said solarf is still early in its development compared with the progress that semiconductore made inrecent decades.
Investors and companie s need to ramp up solae technology in the United State s before the technology gains a footholdin “They’re sitting on the fenced with their money,” Raymis said, “anr they’re going to wake up and all that [solar] busineses will go to China.”
Sunday, December 23, 2012
General Motors files for Chapter 11 bankruptcy, Baltimore plant to stay open - St. Louis Business Journal:
ogarawo.wordpress.com
Monday’s filing by the 101-year-old automaker — once the world’s biggest company — is among the larges t in U.S. history and largest-ever U.S. manufacturing bankruptcy. Chapte r 11, which allows the compant to operate while protected fromits creditors, pushes GM into a fast-tracl bankruptcy and provides $30 billion of additionalk taxpayer funds to restructure itself. The compan y in its filing listed $172.81 billion in debt and $82.29o billion in assets. The GM plan as detailed by U.S. officials would allo w a much smaller GM to emerge from court protectioj within 60 to90 days.
Al a managing director at the advisoryu company AlixPartnersLLP in New is named in the filings asthe company’s chief restructuring officer, reporting to GM CEO Fritz GM (NYSE: GM) also plans to close 11 U.S. facilitiexs and idle another three plants by the endof 2010. The company'ws Baltimore transmission plant employs more than 200 people was not listed amongthe GM's Wilmington, Del., assembly however, will close in July. That planft employs 1,060 workers. The automaker has not providecd an updated target for job cuts but was lookinyg toeliminate 21,000 U.S. factory jobs from the 54,000 uniohn members it now employs.
General Motors employs 92,000 in the Unitesd States and is indirectly responsiblefor 500,0090 retirees. The U.S. governmentt would hold a 60 percent financial interest in a reorganized GM and the UAW woul takea 17.5 percent said Monday on GM's bankruptcy. The governmentxs of Canada and the province of Ontario have agreerd to a 12 percent ownership stakr in exchange forfinancial aid. GM bondholders would get 10 Holders ofGM stock, which hit its lowesft price on record Friday at 74 are expected to own none of the Trading was halted on Monday's news. Listed among GM'sw top creditors are (NYSE: T) and CSX).
The list of facilities that GM said will be closecd and their dates include two the Wilmington assembly plant and onein Pontiac, (October 2009); three stamping plants — including the previouslhy announced closing in June of Granxd Rapids, Mich., Indianapolis, Ind. (December 2011), and Ohio (June 2010). Also, six Powertrain plants includinhg Massena, N.Y., which closed on May 1 - Mich. (June 2010), Flinr and Willow Run, Mich. (both December Parma, Ohio (December 2010), and Va., (December 2010). Three locations will be idledf — assembly plants at Orion, Mich. (Septembef 2009) and Spring Hill, (November 2009), and a stamping plantf at Pontiac, Mich., (December 2010).
In service and parts operations and warehousing and parts distributionm centersin Boston, Jacksonville, and Columbus, Ohio, will close by Dec. 31, 2009. For a PDF of the bankruptcyy filingpetition .
Monday’s filing by the 101-year-old automaker — once the world’s biggest company — is among the larges t in U.S. history and largest-ever U.S. manufacturing bankruptcy. Chapte r 11, which allows the compant to operate while protected fromits creditors, pushes GM into a fast-tracl bankruptcy and provides $30 billion of additionalk taxpayer funds to restructure itself. The compan y in its filing listed $172.81 billion in debt and $82.29o billion in assets. The GM plan as detailed by U.S. officials would allo w a much smaller GM to emerge from court protectioj within 60 to90 days.
Al a managing director at the advisoryu company AlixPartnersLLP in New is named in the filings asthe company’s chief restructuring officer, reporting to GM CEO Fritz GM (NYSE: GM) also plans to close 11 U.S. facilitiexs and idle another three plants by the endof 2010. The company'ws Baltimore transmission plant employs more than 200 people was not listed amongthe GM's Wilmington, Del., assembly however, will close in July. That planft employs 1,060 workers. The automaker has not providecd an updated target for job cuts but was lookinyg toeliminate 21,000 U.S. factory jobs from the 54,000 uniohn members it now employs.
General Motors employs 92,000 in the Unitesd States and is indirectly responsiblefor 500,0090 retirees. The U.S. governmentt would hold a 60 percent financial interest in a reorganized GM and the UAW woul takea 17.5 percent said Monday on GM's bankruptcy. The governmentxs of Canada and the province of Ontario have agreerd to a 12 percent ownership stakr in exchange forfinancial aid. GM bondholders would get 10 Holders ofGM stock, which hit its lowesft price on record Friday at 74 are expected to own none of the Trading was halted on Monday's news. Listed among GM'sw top creditors are (NYSE: T) and CSX).
The list of facilities that GM said will be closecd and their dates include two the Wilmington assembly plant and onein Pontiac, (October 2009); three stamping plants — including the previouslhy announced closing in June of Granxd Rapids, Mich., Indianapolis, Ind. (December 2011), and Ohio (June 2010). Also, six Powertrain plants includinhg Massena, N.Y., which closed on May 1 - Mich. (June 2010), Flinr and Willow Run, Mich. (both December Parma, Ohio (December 2010), and Va., (December 2010). Three locations will be idledf — assembly plants at Orion, Mich. (Septembef 2009) and Spring Hill, (November 2009), and a stamping plantf at Pontiac, Mich., (December 2010).
In service and parts operations and warehousing and parts distributionm centersin Boston, Jacksonville, and Columbus, Ohio, will close by Dec. 31, 2009. For a PDF of the bankruptcyy filingpetition .
Friday, December 21, 2012
Betting On A Dollar Crash And Consequent Gold Bull In 2013? Don't. - Seeking Alpha
sucujovide.wordpress.com
Betting On A Dollar Crash And Consequent Gold Bull In 2013? Don't. Seeking Alpha Betting On A Dollar Crash And Consequent Gold Bull In 2013? Don't. December 19, 2012 by: Macro Investor | includes: GDX, GDXJ, GLD. Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. |
Thursday, December 20, 2012
Best-selling Author Shawn Anderson Shares Four Resolution Tips To Guarantee ... - San Francisco Chronicle
disadvantage-unlimited.blogspot.com
San Francisco Chronicle | Best-selling Author Shawn Anderson Shares Four Resolution Tips To Guarantee ... San Francisco Chronicle With 2013 approaching, many begin to whisper "good riddance" to 2012. For those whose past year can be counted in the "Yuck!" category, motivational speaker and best-selling author, Shawn Anderson, shares a tongue-a nd-cheek message to guarantee ... |
Wednesday, December 19, 2012
Fred
ogarawo.wordpress.com
The Memphis-based discount retailer reported net incomeof $8.6 or 21 cents per diluted share, for firsyt quarter 2009, up 17.8 percent compared to net incomde of $7.3 million, or 18 cents per diluted share in first quarter 2008. The company had totall first quarter salesof $458.4 million, down 1.3 perceny compared to $464.3 million for firstf quarter 2008. In 2008, Fred’s FRED) closed 74 underperforming stores and 23underperforming pharmacies. Excluding stores closed last the company increased total sales 5 percent in the firsf quarter compared to thesame year-ag period. On a comparable store basis, year-to-datw sales increased 2.8% compared with 2.
1% in the same period last Fred’s CEO Bruce A. Efird said he expectefd to see more improvement in theseconxd quarter. “This will be a formidable task as we will be contendingh with the economic stimulua checks consumers received last year and record unemployment he said ina statement. "Wer also plan to launch our enhanced store prototype in approximatelyg 16 new and remodeled stores durinbg thesecond quarter.
" During the first quarter, Fred's openedd three new stores and thre e new pharmacies, while closing three Fred’s board of directors also increased the company’sa quarter cash dividend to 3 cents per sharer from the prior rate of 2 centas per share. The dividenf is payable on June 15 to shareholderas of record as ofJune 1. Fred'sd operates 666 discount generalmerchandiswe stores, including 24 franchised stores. Shares of Fred’d were trading lower in late Thursday down about 5 percentto $13.
14 per
The Memphis-based discount retailer reported net incomeof $8.6 or 21 cents per diluted share, for firsyt quarter 2009, up 17.8 percent compared to net incomde of $7.3 million, or 18 cents per diluted share in first quarter 2008. The company had totall first quarter salesof $458.4 million, down 1.3 perceny compared to $464.3 million for firstf quarter 2008. In 2008, Fred’s FRED) closed 74 underperforming stores and 23underperforming pharmacies. Excluding stores closed last the company increased total sales 5 percent in the firsf quarter compared to thesame year-ag period. On a comparable store basis, year-to-datw sales increased 2.8% compared with 2.
1% in the same period last Fred’s CEO Bruce A. Efird said he expectefd to see more improvement in theseconxd quarter. “This will be a formidable task as we will be contendingh with the economic stimulua checks consumers received last year and record unemployment he said ina statement. "Wer also plan to launch our enhanced store prototype in approximatelyg 16 new and remodeled stores durinbg thesecond quarter.
" During the first quarter, Fred's openedd three new stores and thre e new pharmacies, while closing three Fred’s board of directors also increased the company’sa quarter cash dividend to 3 cents per sharer from the prior rate of 2 centas per share. The dividenf is payable on June 15 to shareholderas of record as ofJune 1. Fred'sd operates 666 discount generalmerchandiswe stores, including 24 franchised stores. Shares of Fred’d were trading lower in late Thursday down about 5 percentto $13.
14 per
Monday, December 17, 2012
WCI, developer of Westshore Yacht Club, files reorganization plan - Business Courier of Cincinnati:
sucujovide.wordpress.com
The company filed a plan of reorganizatiohn with the for the District ofDelaware Monday, about 10 months after it Chaptetr 11 bankruptcy protection. Under the plan, the company’as senior secured lenders will receive new firsf lien debttotaling $450 million, including a $150 million payment-in-kinc component, a release said. The senior securecd lenders will hold a 95 percentt equity stake in the reorganized The remaining 5 percent equity stake woulxd be shared bythe company’s unsecured The unsecured creditors’ share would begin to increase when the new debt is fullg retired and would reach a maximum of 35 after the secured lenders have received payments of about $70 the amount currently owed to them, the release said.
The plan reflects positions taken in lengthy negotiationw but has not been approved or recommended by therelease said. WCI said in the release that it wanterd to get a plan on file with the bankruptcy court so discussions could continue and a definitive timeline for exit coulxdbe established. WCI also reaffirmed an earlier decisio to suspend all Florida homebuilding new constructionactivities indefinitely, pendingh market recovery, the release said, although it will completr homes under construction and continue maintenancr of its communities. WCI (PINK SHEETS: is based in Bonita Springs but has closee ties to the TampaBay area.
WCI communities in the Bay area includs inHillsborough County, in Tampa, in Bradenton and the in
The company filed a plan of reorganizatiohn with the for the District ofDelaware Monday, about 10 months after it Chaptetr 11 bankruptcy protection. Under the plan, the company’as senior secured lenders will receive new firsf lien debttotaling $450 million, including a $150 million payment-in-kinc component, a release said. The senior securecd lenders will hold a 95 percentt equity stake in the reorganized The remaining 5 percent equity stake woulxd be shared bythe company’s unsecured The unsecured creditors’ share would begin to increase when the new debt is fullg retired and would reach a maximum of 35 after the secured lenders have received payments of about $70 the amount currently owed to them, the release said.
The plan reflects positions taken in lengthy negotiationw but has not been approved or recommended by therelease said. WCI said in the release that it wanterd to get a plan on file with the bankruptcy court so discussions could continue and a definitive timeline for exit coulxdbe established. WCI also reaffirmed an earlier decisio to suspend all Florida homebuilding new constructionactivities indefinitely, pendingh market recovery, the release said, although it will completr homes under construction and continue maintenancr of its communities. WCI (PINK SHEETS: is based in Bonita Springs but has closee ties to the TampaBay area.
WCI communities in the Bay area includs inHillsborough County, in Tampa, in Bradenton and the in
Sunday, December 16, 2012
Elder-Beerman parent sees sales bump in July - The Business Journal of Milwaukee:
younkinesagugad1746.blogspot.com
York, Pa.-based Bon-Ton (NASDAQ: BONT) announcec Thursday a 0.7 percent increase in same-store salese for July compared to last Total sales for the four weeksended Aug. 2 increased 1.8 percentf to $197.9 million from $194.33 million last year. Tony Buccina, vice chairman and presideng of merchandising, said the company was happh withthe results. "We are pleased with our July salesw performance, particularly in light of the continue d challengingeconomic environment," he said in a news "Business was particularly strong during the latter part of the montgh due to our semi-annua l home and back-to-school promotions." Year-to-date same-store saleds decreased 5.
1 percent, and year-to-date total sales decreased 5 percenrt to $1.37 billion from $1.454 billion for the same period last year. The company'as financial results for the second quarter are scheduled to be released Aug. 21. Bon-Ton runs 280 including twelvefurniture galleries, in 23 statea including nine Elder-Beerman stores in the Daytob area.
York, Pa.-based Bon-Ton (NASDAQ: BONT) announcec Thursday a 0.7 percent increase in same-store salese for July compared to last Total sales for the four weeksended Aug. 2 increased 1.8 percentf to $197.9 million from $194.33 million last year. Tony Buccina, vice chairman and presideng of merchandising, said the company was happh withthe results. "We are pleased with our July salesw performance, particularly in light of the continue d challengingeconomic environment," he said in a news "Business was particularly strong during the latter part of the montgh due to our semi-annua l home and back-to-school promotions." Year-to-date same-store saleds decreased 5.
1 percent, and year-to-date total sales decreased 5 percenrt to $1.37 billion from $1.454 billion for the same period last year. The company'as financial results for the second quarter are scheduled to be released Aug. 21. Bon-Ton runs 280 including twelvefurniture galleries, in 23 statea including nine Elder-Beerman stores in the Daytob area.
Saturday, December 15, 2012
California settles with Kmart, sues Target - Los Angeles Business from bizjournals:
sucujovide.wordpress.com
The state’s attorney general, Jerry joined by district attorneys from many California including Alameda, Santa Clara and Contra Costa, filed a suit againstr Minneapolis-based Target (NYSE: TGT), saying it sent hazardoues waste to various landfills in violation of stated law. The suit is meant to stop the practices. In news Target said it has been cooperating withthe AG’as office for three years on this matter and that it is committer to complying with all environmental Kmart, owned by (NASDAQ: SHLD), agreed to a settlement that includezs civil penalties, legal costs and some money to boosyt protection of the environment in the Thomas Orloff, Robert Kochly, James Fox and Dolores the DAs of Alameda, Contra San Mateo and Santa Clara counties respectively, joinefd Brown in the suit against Target.
Accordingg to court papers, Target has 180 facilities, including stores and in California. The suit allegess Target threwout “ignitablr aerosol wastes” including propane canisters, in a trash compactotr in Alameda County on May 14 and May 21, for
The state’s attorney general, Jerry joined by district attorneys from many California including Alameda, Santa Clara and Contra Costa, filed a suit againstr Minneapolis-based Target (NYSE: TGT), saying it sent hazardoues waste to various landfills in violation of stated law. The suit is meant to stop the practices. In news Target said it has been cooperating withthe AG’as office for three years on this matter and that it is committer to complying with all environmental Kmart, owned by (NASDAQ: SHLD), agreed to a settlement that includezs civil penalties, legal costs and some money to boosyt protection of the environment in the Thomas Orloff, Robert Kochly, James Fox and Dolores the DAs of Alameda, Contra San Mateo and Santa Clara counties respectively, joinefd Brown in the suit against Target.
Accordingg to court papers, Target has 180 facilities, including stores and in California. The suit allegess Target threwout “ignitablr aerosol wastes” including propane canisters, in a trash compactotr in Alameda County on May 14 and May 21, for
Thursday, December 13, 2012
Bank Holdings under cease and desist order - Dayton Business Journal:
ogarawo.wordpress.com
parent company of Reno-based , announced it is operatinbg under a cease and desis t order to improve its capital position and cut its realestat losses. The bank operates as Silverado Bankin Roseville. “Nevada Security Bank facea unprecedented challenges with the increasing leveplof non-performing loans, the steep declinea in the underlying value of real estated collateral and the greater loan loss provisions said Hal Giomi, founder and chairman of The Bank Holdings. He is also chief “Our priorities and objectives are well-defined as we purposelhy move forward toaddress issues, make prudenyt modifications, and work diligently for the desire results,” Giomi said.
The bank’e executives entered the agreement with Nevada bankintg authorities and the regulators at the end of andthe bank’s management had already started workint to improve the bank’zs capital levels by cutting costs, reducinb the size of the balance sheet and seeking more The bank internally stopped making new constructionm and land development loans in third-quarter 2007. The regulatory order demandz the bank’s management increase the company’s reduce the concentration of commercial real estate loans and change internalmonitorinvg procedures.
Nevada Security Bank has a concentration of constructionh and development loans in which was a booming real estated market through much of this but floundered startingin 2007. Bank Holdings was hammered in the fall by thefederalo government’s action to put Fannie Mae and Freddiew Mac into conservatorship, which cost the company a $15 million loss of capital that had been investex in the stock of the two government-sponsorefd secondary mortgage investment companies. Bank Holdings started in 2001 with initial capitalof $14 million.
It currentlyh has $45 million in capital, with four branchez in Northern Nevada and onein
parent company of Reno-based , announced it is operatinbg under a cease and desis t order to improve its capital position and cut its realestat losses. The bank operates as Silverado Bankin Roseville. “Nevada Security Bank facea unprecedented challenges with the increasing leveplof non-performing loans, the steep declinea in the underlying value of real estated collateral and the greater loan loss provisions said Hal Giomi, founder and chairman of The Bank Holdings. He is also chief “Our priorities and objectives are well-defined as we purposelhy move forward toaddress issues, make prudenyt modifications, and work diligently for the desire results,” Giomi said.
The bank’e executives entered the agreement with Nevada bankintg authorities and the regulators at the end of andthe bank’s management had already started workint to improve the bank’zs capital levels by cutting costs, reducinb the size of the balance sheet and seeking more The bank internally stopped making new constructionm and land development loans in third-quarter 2007. The regulatory order demandz the bank’s management increase the company’s reduce the concentration of commercial real estate loans and change internalmonitorinvg procedures.
Nevada Security Bank has a concentration of constructionh and development loans in which was a booming real estated market through much of this but floundered startingin 2007. Bank Holdings was hammered in the fall by thefederalo government’s action to put Fannie Mae and Freddiew Mac into conservatorship, which cost the company a $15 million loss of capital that had been investex in the stock of the two government-sponsorefd secondary mortgage investment companies. Bank Holdings started in 2001 with initial capitalof $14 million.
It currentlyh has $45 million in capital, with four branchez in Northern Nevada and onein
Wednesday, December 12, 2012
Gun buyer connected to Fast & Furious, Brian Terry's death gets 57 months in ... - Fox News
sucujovide.wordpress.com
ABC15.com (KNXV-TV) | Gun buyer connected to Fast & Furious, Brian Terry's death gets 57 months in ... Fox News An Arizona judge on Wednesday sentenced a man to 57 months in prison for his part in the gun-smuggling ring that is connected to the death of a U.S. Border Patrol agent and was the target of the Justice Department's failed Operation Fast and Furio us. Gun buyer in 'Fast and Furious' case gets five years in prison Jaime Avila Jr., Fast And Furious Figure, To Be Sentenced Fast and Furious Gun Buyer Sentenced to Prison |
Tuesday, December 11, 2012
Textron cancels Cessna Columbus program - Denver Business Journal:
grigoriynirim.blogspot.com
In April, the company announced it wouldr suspendthe program, leading Cessna leaders to say it woulde only be a matter of time until the projectf came back. But in Thursday’ filing with the SEC, Textron said “Upon additional analysis of the business-jeft market related to this productg offering, we decided to formally cancel further development of theCitatiomn Columbus.” Textron says it already had incurred about $50 millionj in capitalized tooling and facility costs relatedf to the project.
It says it will recorsd a non-cash pre-tax charge of about $43 milliomn for the first two quarters of 2009 to reflecty the impairment of the facility and tooling Wichita MayorCarl Brewer, who was in Denver Friday at a conference, had not heard the Columbuws project was being canceled until askefd about it by the Wichita Businesw Journal. “I’m disappointed,” Brewed says. “... We believe this is part of the futurwe for the cityof Wichita. We’re just really disappointed thatit happened.” At the same time, he he understands the economic climate has forcerd businesses to make tough decisions.
The project was to have built 600,000-square-foot final assembly building at Cessna where the majority ofthe $27 millionm business jet would be There was also to have been a 45,000-square-foort physical plant to serve the main building. Constructionh costs were expected tobe $200 millionn and bids were put out in • • • • Columbus, Kan.-based Inc. Apart from the loss in constructiohn jobs, the Wichita area now appears to have lost out for good onthe 1,00p0 direct jobs and the 3,000 spin-offr jobs the program was estimatexd to create.
It also appearw likely that Cessna will have to pay backthe $10 million it receivedd in city and county incentives and the $33 million it received from the state for the project. Like Sedgwick County Commissioner Tim Norton says he is disappointer to hear the news ofthe cancelation. “I thinkk most Wichitans and the business communityy looked at that as a big he says. “It takes a littl e bit of the wind out of the sails for Cessna andgeneral aviation. It could have been a huge boost to Wichita over the next couple years and I thin k everybodysaw that.” Norton says he hopes the project will be able to returmn somewhere down the line.
The business plan that was put in he says, still could be a good fit.
In April, the company announced it wouldr suspendthe program, leading Cessna leaders to say it woulde only be a matter of time until the projectf came back. But in Thursday’ filing with the SEC, Textron said “Upon additional analysis of the business-jeft market related to this productg offering, we decided to formally cancel further development of theCitatiomn Columbus.” Textron says it already had incurred about $50 millionj in capitalized tooling and facility costs relatedf to the project.
It says it will recorsd a non-cash pre-tax charge of about $43 milliomn for the first two quarters of 2009 to reflecty the impairment of the facility and tooling Wichita MayorCarl Brewer, who was in Denver Friday at a conference, had not heard the Columbuws project was being canceled until askefd about it by the Wichita Businesw Journal. “I’m disappointed,” Brewed says. “... We believe this is part of the futurwe for the cityof Wichita. We’re just really disappointed thatit happened.” At the same time, he he understands the economic climate has forcerd businesses to make tough decisions.
The project was to have built 600,000-square-foot final assembly building at Cessna where the majority ofthe $27 millionm business jet would be There was also to have been a 45,000-square-foort physical plant to serve the main building. Constructionh costs were expected tobe $200 millionn and bids were put out in • • • • Columbus, Kan.-based Inc. Apart from the loss in constructiohn jobs, the Wichita area now appears to have lost out for good onthe 1,00p0 direct jobs and the 3,000 spin-offr jobs the program was estimatexd to create.
It also appearw likely that Cessna will have to pay backthe $10 million it receivedd in city and county incentives and the $33 million it received from the state for the project. Like Sedgwick County Commissioner Tim Norton says he is disappointer to hear the news ofthe cancelation. “I thinkk most Wichitans and the business communityy looked at that as a big he says. “It takes a littl e bit of the wind out of the sails for Cessna andgeneral aviation. It could have been a huge boost to Wichita over the next couple years and I thin k everybodysaw that.” Norton says he hopes the project will be able to returmn somewhere down the line.
The business plan that was put in he says, still could be a good fit.
Saturday, December 8, 2012
Perfecting the pesky biotech patent process - Atlanta Business Chronicle:
sucujovide.wordpress.com
Complicated biotech patent applications tossed onto the growing pilein D.C., are partly responsible for a backloh of some 500,000 patent applications at the Paten and Trademark Office. In five years, the backloh is projected to reach 1 absentsignificant reforms. U.S. patent pendencyg time frames average more than twoyearse -- twice that for some types of "I don't believe the patent office has been adequatelyg staffed for more complex applications," said Rob Fincher, directorf of the technology commercialization office at the University of Georgi a Research Foundation Inc. "It has to be a frustrating placfor them.
" Biotech applications are generally the most difficult to get he said. "The more complex they are, the more complexx the process," Fincher said. "Science has been so explosiv in the last 20 years it has createfd possibilitieswe couldn't have anticipated. Biotech has expanded the ordee of magnitude in what kindse of things might be possibleto patent, and even createds disputes over what is patentable." Problems can arisee when a patent describes one invention but also claimzs other dependent uses of the If the patent examiner believes the filing representx more than one invention, the patent office requiresd a completely different application.
Besides that means more application andattorney fees. Applicantse don't always agree with the logic examiners use in restrictinv inventions and patent attorneys arguetheir case, addinhg additional cost. Attorney Clark Sullivan of King Spalding LLP, represents a number of clients in patent Securing patents in a timely fashion is especiallgy important, because a meaningful patent portfolio is essentialp to obtain funding, he "I haven't had much difficultgy with narrow patents, such as in the pharmaceuticalo arena, where the examining core is sufficientlt robust and there are plenty of examiners," he "The examiners are very smart -- they'rer all Ph.D.
s -- but when more biotechnological developmentds and inventions are involved, they generally don't have that levep of experience." Sometimes the patent office gives examinere more time to examine, Sullivan said. A year can easily pass between filing a provisional patent and receiving a response on how the Patent and Trademarkj Office intends to divide the application into additionalfiling requirements. The officre has formulated a program to speed the biotechnology patent process.
A road map for digging out of the workloadddilemma -- the 21st Centurg Strategic Plan -- is slowly getting off the ground, said Brigi d Quinn, deputy director for publicc affairs at the Patent and Trademark Part of the plan, is a proposed restructuring of patent fees that requires congressional approval. "[The fee proposal] will give us resources to fully enactthe plan," Quinn said. It has been movingt through necessary steps in the House of but the Senate has takenno action. "W e remain hopeful the bill will be enacted by the end of thefiscal year, in Quinn said.
"If not, there's a limit to the impact we can Some initiatives can be taken withexistingh resources, such as more training of examinerzs and changes in the patent revieww process to make it more usefu l as a training tool, she said. the Patent and Trademark Office is converting to automatefd application and processing of trademark and patent with a target for full electronic implementationhby 2004. Until improvements take hold, however, Atlanta-based biotech firms will likely continue to have mixed success in gettinh timelypatent approvals, usually depending on the type of technologty involved.
Complicated biotech patent applications tossed onto the growing pilein D.C., are partly responsible for a backloh of some 500,000 patent applications at the Paten and Trademark Office. In five years, the backloh is projected to reach 1 absentsignificant reforms. U.S. patent pendencyg time frames average more than twoyearse -- twice that for some types of "I don't believe the patent office has been adequatelyg staffed for more complex applications," said Rob Fincher, directorf of the technology commercialization office at the University of Georgi a Research Foundation Inc. "It has to be a frustrating placfor them.
" Biotech applications are generally the most difficult to get he said. "The more complex they are, the more complexx the process," Fincher said. "Science has been so explosiv in the last 20 years it has createfd possibilitieswe couldn't have anticipated. Biotech has expanded the ordee of magnitude in what kindse of things might be possibleto patent, and even createds disputes over what is patentable." Problems can arisee when a patent describes one invention but also claimzs other dependent uses of the If the patent examiner believes the filing representx more than one invention, the patent office requiresd a completely different application.
Besides that means more application andattorney fees. Applicantse don't always agree with the logic examiners use in restrictinv inventions and patent attorneys arguetheir case, addinhg additional cost. Attorney Clark Sullivan of King Spalding LLP, represents a number of clients in patent Securing patents in a timely fashion is especiallgy important, because a meaningful patent portfolio is essentialp to obtain funding, he "I haven't had much difficultgy with narrow patents, such as in the pharmaceuticalo arena, where the examining core is sufficientlt robust and there are plenty of examiners," he "The examiners are very smart -- they'rer all Ph.D.
s -- but when more biotechnological developmentds and inventions are involved, they generally don't have that levep of experience." Sometimes the patent office gives examinere more time to examine, Sullivan said. A year can easily pass between filing a provisional patent and receiving a response on how the Patent and Trademarkj Office intends to divide the application into additionalfiling requirements. The officre has formulated a program to speed the biotechnology patent process.
A road map for digging out of the workloadddilemma -- the 21st Centurg Strategic Plan -- is slowly getting off the ground, said Brigi d Quinn, deputy director for publicc affairs at the Patent and Trademark Part of the plan, is a proposed restructuring of patent fees that requires congressional approval. "[The fee proposal] will give us resources to fully enactthe plan," Quinn said. It has been movingt through necessary steps in the House of but the Senate has takenno action. "W e remain hopeful the bill will be enacted by the end of thefiscal year, in Quinn said.
"If not, there's a limit to the impact we can Some initiatives can be taken withexistingh resources, such as more training of examinerzs and changes in the patent revieww process to make it more usefu l as a training tool, she said. the Patent and Trademark Office is converting to automatefd application and processing of trademark and patent with a target for full electronic implementationhby 2004. Until improvements take hold, however, Atlanta-based biotech firms will likely continue to have mixed success in gettinh timelypatent approvals, usually depending on the type of technologty involved.
Friday, December 7, 2012
Past Pandemics Are in Our Genes - Slate Magazine
inufyw.blogspot.com
Slate Magazine | Past Pandemics Are in Our Genes Slate Magazine Photos; Video · Slatest; Blogs; MySlate; 99+. Your Facebook Friends will see that you've read this article. Don't show me this box again. Shhh. Don't let my friends know I read this article. Tweet · HOME / Pandemics : Stopping the world's scariest ... |
Wednesday, December 5, 2012
Opus East, West to file for bankruptcy - Business First of Buffalo:
dyakonostrlin.blogspot.com
will file a petition for Chapterr 7 that includes Opus East andselectf subsidiaries. Phoenix-based Opus West anticipatess filing a voluntary petition of Chaptere 11 bankruptcy protection inearly July, accordinvg to a company press release. "Declining real estate values and tightr credit markets continue to impede the refinancing of assets and restructurin oflending agreements,” said Opus CEO Mark Rauenhorstr in a statement. "We regret that this action has proven to be necessary despite the efforts ofso many. A court-supervisesd process and transfer of distressed assets will assis Opus in reorganizing and focuas onthe future.” Opus East has developed more than 13.
3 millionh square feet of space since 1994. Opus West has developed more than 52.7 million square feet sinced 1979. These bankruptcies come on the heelsa of the April 22 bankruptcyof , an Opus affiliates based in Atlanta. Opus has said it pland to wind down its operations in that part of the countrtas well. Opus has said it plans to continues to run its remainingoperating companies, , based in Chicago, and , basex in Minnetonka. Those unitd are actively pursuing projects. They also have been less affectesd bythe recession, due to theird mix of project healthy balance sheets and stronger according to Opus' press release. Opus said its development activity has fallen tojust 4.
8 millio n square feet in 2009, down from 34 millio n square feet in 2007 and 35 million square feet in 2008.
will file a petition for Chapterr 7 that includes Opus East andselectf subsidiaries. Phoenix-based Opus West anticipatess filing a voluntary petition of Chaptere 11 bankruptcy protection inearly July, accordinvg to a company press release. "Declining real estate values and tightr credit markets continue to impede the refinancing of assets and restructurin oflending agreements,” said Opus CEO Mark Rauenhorstr in a statement. "We regret that this action has proven to be necessary despite the efforts ofso many. A court-supervisesd process and transfer of distressed assets will assis Opus in reorganizing and focuas onthe future.” Opus East has developed more than 13.
3 millionh square feet of space since 1994. Opus West has developed more than 52.7 million square feet sinced 1979. These bankruptcies come on the heelsa of the April 22 bankruptcyof , an Opus affiliates based in Atlanta. Opus has said it pland to wind down its operations in that part of the countrtas well. Opus has said it plans to continues to run its remainingoperating companies, , based in Chicago, and , basex in Minnetonka. Those unitd are actively pursuing projects. They also have been less affectesd bythe recession, due to theird mix of project healthy balance sheets and stronger according to Opus' press release. Opus said its development activity has fallen tojust 4.
8 millio n square feet in 2009, down from 34 millio n square feet in 2007 and 35 million square feet in 2008.
Tuesday, December 4, 2012
History of ND-Alabama: Can Nick Saban accomplish a feat that eluded Bear Bryant - CBSSports.com (blog)
hundleyobajoji1908.blogspot.com
History of ND-Alabama: Can Nick Saban accomplish a feat that eluded Bear Bryant CBSSports.com (blog) History of ND-Alabama: Can Nick Saban accomplish a feat that eluded Bear Bryant. By Matt Rybaltowski | CBSSports.com. 08:05 PM ET December 01, 2012. Courtesy: (BlueGoldIllustrated). In a dimly lit Tulane Stadium with a set of malfunctioning lights, Tom ... |
Saturday, December 1, 2012
Ky. video-gaming bill dies in Senate committee - Dayton Business Journal:
hustbelogehy1857.blogspot.com
The Senate Appropriations Revenue Committee, on Mondayt evening, voted 10-5 against the measure, with two members according to theLexington Herald-Leader. The Housse had previously passedthe bill. The legislationm would have permitted video-lottery terminals at Kentucky horse tracks, including Turfway Park in "The limited gaming proposal was designeed to help save a signaturer industry in peril – an industry that means 100,000 jobs and $4 billion in investment for our state," said Gov. Steve Beshear in a Monday evening "It is unfortunate that every voice on this criticallhy important issue was not heard and evert votenot counted.
" At a Frankfort press Turfway Park President Bob Elliston said Turfway could clos by 2010 if Ohio passes gaming legislatiohn and Kentucky does not. Ohio Gov. Ted Strickland recentlu reversed his stance against gamblingat racetracks.
The Senate Appropriations Revenue Committee, on Mondayt evening, voted 10-5 against the measure, with two members according to theLexington Herald-Leader. The Housse had previously passedthe bill. The legislationm would have permitted video-lottery terminals at Kentucky horse tracks, including Turfway Park in "The limited gaming proposal was designeed to help save a signaturer industry in peril – an industry that means 100,000 jobs and $4 billion in investment for our state," said Gov. Steve Beshear in a Monday evening "It is unfortunate that every voice on this criticallhy important issue was not heard and evert votenot counted.
" At a Frankfort press Turfway Park President Bob Elliston said Turfway could clos by 2010 if Ohio passes gaming legislatiohn and Kentucky does not. Ohio Gov. Ted Strickland recentlu reversed his stance against gamblingat racetracks.
Subscribe to:
Posts (Atom)