Saturday, October 30, 2010

Scottsdale Healthcare, TGen join $18M pancreatic cancer study - Phoenix Business Journal:

http://videotransform.com/about.html
Stand Up to Cancer gave the group $18 million from a pool of $74 million shared with four othe research projects nationwide. The philanthropic group was created by the Entertainment Industry Foundation to quickly turn scientificf discoveries into ways to care forcancer patients. Dr. Daniekl Von Hoff, TGen’s physician in chief, along with Dr. Craifg Thompson, director of the Abramson Cancer Center at are co-leaders of the three-year The goal is to develop tests to determined what nutrients fuel the growth and survival pancreatic canced cells. Scottsdale Healthcare will served as primary clinical site for this saidMark Slater, vice presidentf of research for Scottsdale Healthcare.
Phoenix-area patients with pancreatixc cancer are being recruited forclinical “We’re ready to go,” he said. “Ws currently have about 40 new first-in-human agents we are Many of these are for pancreatic cancer with the goal of extendingv the life of pancreaticcancer patients.” This not only gives pancreatic cancer patients a chance to try new medications before they are approvedd by the U.S. Food and Drug Administration, but also brings major attentionto Arizona, Slater said. “We have access to the best possiblwe agents and the best possible care right here in our he said. Patients interested in participatingb in the clinical trial can call For more: www.
su2c.org.

Friday, October 29, 2010

Sales heating up for Earth to Air - Tampa Bay Business Journal:

http://www.ciydc.org/article/The-American-tuning---.html
Formed in 2002, Earth to Air System develops heating and cooling systems based on a technology knownn as directexchange geothermal, called DX in the The company’s applications have been shown to reduce heating and coolinyg costs by 50 percent to 80 CEO Randy Wiggs says. Earth to Air’s system bypassea the more conventional geothermal heating andcoolinvg model. Instead of using water as a source, the technologu skips a step and controles heating and temperatures directly from the earth withcopped tubing.
The tubes tap into wells that are 300 to 500 feet Environmentally friendly refrigerants are then piped through the Earthto Air’s revenue comes from licensing fees collected from heating and cooling companies who decid to market and install the systems. Earth to Air got its firs t international distributor two years ago when Australianm entrepreneur John Gagliardi embracedthe technology. He says he’sa secured more than $30 million in including contracts withschool systems, mininfg camps, housing projects and major corporations, such as BP.
“Ws are moving into significant profitability,” Galiard i says, adding that he’s planning on expandinhg into the Southeast Asianmarket soon. Galiardi predicts that Eartjh to Air willbecome “a billion dollad business or more.” Sales in the first quartere were up 60 percent from the same time last “We’re living in an time when there’s a huge demand (for products) to reduce our dependencs on foreign oil,” Gagliardi says. “Twenty yearse ago this wouldn’t have It wouldn’t have even worked 10 yearw ago. But now the potential is huge.
” Ther are multiple installations of Earthto Air’s geotherma system in the United States, but the company is just now settingy up a formal distributor network, says Claytoj Washburn, chief operations officer at Eartjh to Air. “Our biggest struggle is havinv to say no at Washburn says. “We’re preparing for a much biggefr onslaught.”

Wednesday, October 27, 2010

Sandwich Isles bids $400M for Hawaiian Telcom - Dallas Business Journal:

guslyarovalite.blogspot.com
, a company founded in 1995 to take advantage of governmenyt subsidies that pay for the installatio of broadband cable inrural areas, said in a courtg filing last week that it wants to buy all of Hawaiiann Telcom’s assets. The company said it wouldc retain all ofHawaiian Telcom’s 1,400 workeras at their current wages, with the exceptiobn of senior management. Sandwich Isles said in the filinf that its offer woulx consistof $250 million in cash plus $150 milliobn in debt issued by Hawaiian Telcom. A deal with Sandwicg Isles would need the approval ofthe court, the Public Utilities Commission and the Federal Communicatiohn Commission.
Hawaiian Telcom said in a statemen t that it stands behind its proposedreorganization plan, filed in June, to reduc e the company’s debt by nearly $790 from $1.1 billion to $300 Hawaiian Telcom filed a motiohn seeking an extension to file a Chapter 11 plan and solicitr votes. Judge Lloyd King extended that period toJune 30. The companty is seeking another extensionto Sept. 30. Sandwicyh Isles has filed an objection to thelatestt request.
“In the objection, Sandwichj Isles makes numerous allegation s about the progress Hawaiian Telcom has made to date intheses cases, Hawaiian Telcom’s decision not to pursure a sale to Sandwich Isles and the viability of Hawaiiann Telcom’s proposed plan,” Hawaiian Telcom said in a “The company disputes these allegations and intends to responr to Sandwich Isles objectionh in the appropriate forum.
” Sandwich Isleas was founded by Al Hee, an entrepreneur who saw opportunitg in the generous subsidies offeredc by the federal government to wire rural and remotre communities in the Working primarily in developments owned by the state Department of Hawaiianm Home Lands, Hee’s companyy has received more than $400 million in loans from the U.S. Departmenft of Agriculture since 1998. The cost of wiring the rurak developments has been calculated atabout $13,000 per customer. Hawaiian Telcom filed for Chapter 11 bankruptcyin December. Hawaiian Telcom is owneds by , a Washington, D.C.-based private equitgy group. Carlyle bought the assets of Verizon Hawaii in May 2005for $1.
6 and began operating independently with its own systemsz in April 2006.

Tuesday, October 26, 2010

FDA approves new treatment for brain cancer - San Antonio Business Journal:

http://hopewellacademy.org/pr/Cary_Mayor_Honors_Fuel_Cell_Champions.htm
Government regulators granted accelerated approvaol for Avastin for people with glioblastomaq who have experienced a progression of the disease following prior Glioblastomaaffects 10,000 people per year nationwide. Glioblastoma tumors nearly always return followinginitial Dr. Lisa Fichtel, a medicalp oncologist and hematologist with the STARTf Center for Cancer Care inSan Antonio, says she has witnesserd first hand how this drug has helped patients with brain cancer. “This is the firstr new treatment in more than 10 yearsx for people with this type of aggressive brain Fichtel says.
Fichtel sees at least one new brainh cancer patient each week and has seen the positive impact this drug has had in not only slowing the progression of the disease but also improving the qualityu of life of patients in San Genentech gained FDA approvapl after concludingan open-label, multicenter, non-comparativwe Phase II study of 167 patients with The South San Francisco-based biotechnologyu company works to develop, manufacture and commercialize medicines that treat patients with serious or life-threateninbg medical conditions. provides oncology researchg and treatment.

Sunday, October 24, 2010

Buckhead corner could fetch $5M an acre - Atlanta Business Chronicle:

http://mediatrainingpartnerships.com/mediatrainingpartnershipsvid.wmv
The site, at the intersection of Roswell andBlacklanrd roads, is fetching an offed in the $12 million to $15 million sources said. The price per square foot of land in the parcep isbetween $100 to $115, accordingv to real estate data firm Databank Inc. Tom Lambros , foundetr of the popular diner, declineed to say much except thatthe restaurant’x ownership group knows about the offer. He indicateds the group may be in no rushto Landmark’s ownership could wait until the economt improves and Buckhead land prices startf to climb. The Landmark stands across from a mixed-use development, including condos, that’ s under construction.
In late 2006 and through much of prices for prime parcels inBuckhead soared, said Databank’e Alan Wexler. But with the economy slowing prices on key sites havelevelerd off. will take the thirs floor in Atlantic Station’s 201 17th the mixed-use development’s second office tower. Regusd provides fully furnished andequippeed offices, with at leas 950 business centers in 70 countries. It has 20 locations in metrio Atlanta. Regus will occupy slightlyg morethan 21,000 square feet, enabling the companyt to expand, said Michaelk Berretta, Regus vice president of business The design of 201 17th Streetf attracted Regus, Berretta said.
The building opened in Novembere 2007 as oneof Atlanta’s first offices towers to achieve Gold according to the standards of Leadershipl in Energy and Environmentalk Design, or LEED. The standards encourage more environmentallyconscious development, including energy Mike Shelly and Sonia Winfield of Carter represented developer Inc. Globaol Real Estate in the Kirk Diamond, senior vice presiden t at Carter, represented Regus. Atlanticv Station will add its thirdofficse tower, 271 17th Street, this spring. Its first 171, was completed in 2004.
Atlantic Stationb has landed big namesin Atlanta’s financial, legalo and real estate industries, including , , Arnalp Golden Gregory LLP, and Carter. recently sold its Cummingf Town Center shopping centeer forabout $58 purchased the 33-acre property, which is 100 percent leased, on July 11, accordinf to Databank. The price comeas out to about $195 per square foot. Sembler completed the centet this year. Its tenants include Dick’s Sportinvg Goods, Staples, Old Navy, and . Semblet intended to sell the 300,000-square-foot center quickly once it was saidthe company’s Jeff Fuqua. TRX Inc.
will relocate to new officex in ’s Park Central, downsizingb to 43,562 square feet. TRX, a computefr software developer that focuses on thetravelk industry, had about 81,000 square feet in ’ Druid Chase. The company posted a $3.3 milliohn loss for the quarter ende March 31 and itsstock (Nasdaq: TRXI) has hovere d between $1 and $1.50 for months, closiny at $1.24 on July 30. of Georgia Inc.
’sw Chris White and Allison Bittel represented TRX in the Grubb & Ellis’ Sam Zelony represented

Saturday, October 23, 2010

Apple beats RIM in smartphone global market share - Mobile Burn

http://rutgersaaup.org/news/aftjoint224d.htm


Globe and Mail


Apple beats RIM in smartphone global market share

Mobile Burn


According to a new report from Strategy Analytics, Apple now has a greater global smartphone market share than Research In Motion (RIM). ...


RIM f »

Friday, October 22, 2010

Pep Boys profits double - Philadelphia Business Journal:

http://bkkcars.com/ru/car/43
Net income at Pep Boys (NYSE:PBY) was $10.9 or 21 cents a share, compared to $4.7 or 9 cents, a year For the three months endedMay 2, salesx at the automotive aftermarket service-and-retail chain totaled $496.5 down from $498 million a year On a comparable basis, measuring the same storesw as a year earlier, sales dipped by 0.3 The company improved profits by cutting costs. “We are pleased with our progress andour first-quartetr results,” said CEO Mike Odell. “As our turnaround continues, we will builde upon this momentum in the second quarter andthroughouft 2009.
Our television and radio promotions continue to drive customet traffic and sales in our core categoriez and our expense reductions are makingus Philadelphia-based Pep Boys has 560 locations in 35 states and Puertp Rico.

Tuesday, October 19, 2010

Illegal hits might draw suspensions - Salt Lake Tribune

http://air-fare.com/images/prospect.htm


Globe and Mail


Illegal hits might draw suspensions

Salt Lake Tribune


AP Aiming for the head or leading with the helmet to deliver a blow could soon cost NFL players game time as well as money. The league is considering ...


NFL players might start receiving suspensions for helmet-to-helmet hits

Los Angeles Times (blog)


3P: NFL Might Suspend Players For Hits; Junior Seau Arrested, Crashes; DeSean ...

ESPN (blog)


To Lower Violence, Escalate the Penalty

New York Times


Bleacher Report


 »

Sunday, October 17, 2010

Restaurant outlook dampens - The Business Journal of Milwaukee:

gardellaorymiid1354.blogspot.com
A total of 60 percent of operators saw lower May salees compared to ayear ago, whilre 26 percent said sales were up. The association also says restaurantf operators reported negative customer traffic levelsin May, the 21st consecutivee month of traffic declines. "Despite the softer sales restaurant operators remained relatively optimistic that the economy will improvre in the months theAssociation said. "Thirty-four percent of restauranyt operators said they expect economixc conditions to improve in six down slightly from 37 percent who reported similarly last month.
" After reaching a 10 month high last month, the groul says restaurant operators have scaled back planss for capital expenditures in the coming with 41 percent planning to spenf money on remodeling or equipment, down from 46 percentg last month.

Saturday, October 16, 2010

Bauer Financial issues Q1 credit union ratings - Pittsburgh Business Times:

lyubomiradete.blogspot.com
The company uses federal regulatory data to rate credit unions based oncapital ratio, profit/loss trend, delinquent loans and other Bauer's rating ranks from a high of 5 starsw to a low of 0 Of the 10 largest South Floridqa credit unions by assets, six maintaine a five-star (superior) rating: IBM Southeast Employeesz Credit Union and Brightstart Credit Union held on to their four stars in the first quarter. They had been downgraded from five starw in thethird quarter. Priorityh One Credit Union in Sunrisw fell from to three stars from four stars in the firsy quarterwith 69.9 milliojn in assets, 1.
6 percent of which were , South Florida’s second-largesft credit union with $738 million in held on to its threre stars in the firsg quarter. It was downgraded to threee stars (adequate) from four stars in the fourtgh quarter. The Pembroke Pines-based credit union counted 1.74 percent of its assetxs as nonperforming. First Choice in West Palm Beach also hadthreer stars. , the largest in South Florida with $1.6w2 billion in assets, remained the only credit unionn in the state rated zero stars by Bauer. The Miramar-based credit union counted 8.6 percent of its asseta as nonperforming.
It was placed into conservatorshipp by Florida regulators on April 24 after heavy lossee and the oustedits management. Space Coasy Credit Union has shown an in acquirin gEastern Financial.

Thursday, October 14, 2010

'Transformers' has huge debut, 'Up' passes 'Star Trek' - Memphis Business Journal:

wilhelminadora4287.blogspot.com
"Transformers" brought in an estimatedd $112,000,000 over the weekend, and an estimatedd $201,246,000 since the movie's debut Wednesday. Accordin to a report on the site, it was the second-largesr five-day debut in history, trailing only "Thed Dark Knight." The movie was shown on abou t 10,000 screens at 4,23r sites, according to the Another new release overthe ' "My Sister's Keeper," came in fiftj at the box office during the bringing in an estimated $12,030,000. Last week's number-onr movie, Disney's "The fell to the second spot, bringingt in an estimated $18,466,000.
Warner "The Hangover" and "Up" came in third and bringing in anestimated $17,215,000 and respectively. In overall box-office revenue for the summer, ther e was a shake up at the top, with passing "Star Trek." The top five overall moviess for the yearto date, and their estimatedx receipts are: "Up" -- $250,218,000 "Star Trek" -- $246,225,00o0 "Transformers: Revenge of the Fallen" -- $201,246,000 "Monsterxs vs.
Aliens" -- $195,971,000 "The Hangover" -- $183,247,000p Of the top it looks like "The has the most bang for the buck, as its budgert was only $35,000,000, compared with the other four, whichn had budgets of at least

Wednesday, October 13, 2010

Extended Stay Hotels files Chapter 11 - Atlanta Business Chronicle:

igoeosysata1533.blogspot.com
The Spartanburg, S.C.-based company fileed the reorganization petition in New York bankruptcy Secretary and General Counsel Josepj Teichman writing that Extended Stay hadabout $7.1 billion in assets and $7.6 billion in liabilitiews at the end of 2008. Extended Stay, whose more than 680 propertiex are managed byHVM LLC, has eight Central Ohio including those near the Mall at Tuttler Crossing, Polaris Fashion Place and Easton Town The company bills itself as the largestg operator of mid-priced extended-stay hotels in the nation.
Teichman in a courft filing on Monday wrote that the compan y sought protection from creditors amid a general downturn in the hospitalitu industry and a hit takebn as fewer potential customers needthe company’sz services. “Since the typical Extended Stay customer seeks a length stay based oncommercial relocation, the contraction of construction and new business development began to significantlg and adversely affected Extended Stay’s revenue stream,” Teichman wrote. The company said its averager revenue per room dropped about 23 percent in the firs five months of the year compared with the same perio dof 2008.
As a result, it was unabler to deal with its debt burden with cash flow and is seekinga “comprehensive restructuring of the entirer capital structure.” Extended Stay said it plans to run operationw following the Chapter 11 petition undeer a lender-approved arrangement using cash Debtor-in-possession financing won’t be needed, the companyt said. About 9,900 employees work in hotels operatexd byExtended Stay. The company is in 44 stateds and hasabout 77,000 rooms.

Monday, October 11, 2010

Brazil Considers Use of Microchips to Protect Trees - DailyTech

http://qftrading.com/index.php?main_page=product_info&cPath=1&products_id=20


Reuters UK


Brazil Considers Use of Microchips to Protect Trees

DailyTech


Microchips tell land owners who cut the trees down, which sawmills processed and sold them, etc. More and more trees in the Amazon are cut down each year ...


Brazil Eyes Microchips in Trees for Forest Management

ABC News



 »

Sunday, October 10, 2010

Avalon strikes $200M deal with Merck for cancer drug - Washington Business Journal:

aleksanovlsys.blogspot.com
The two companies will work togethee to identify drug compounds that can block an undisclosed proteinm linked to various formsof cancer. Avalon is using its screeninyg technology to narrow down thousands of potential compoundws into a few families that Merck will then pay to test in preclinical andclinical studies. Althoug h the deal makes Merck responsibld for all regulatory and commercialization costsd of taking such a drugto market, Avalonn would receive payments for hitting certain milestones and royaltiew from sales that could totall more than $200 million.
The deal doesn't yield any upfrontr payments for Germantown-based Avalon, but the company thinksd it could deposit its first milestone paymenft around this timenext year. "For an earlyy stage company like us, this is a very large says Ken Carter, president and CEO of Avalon. "It'sw very validating in terms of the perceiver value ofthe company." It's the largest among similafr recent partnerships with large r companies, previously and MedImmune, that has used this AvalonRx And it's not expected to be Avalon'x last.
"We actually have a numbefr of discussions goingon now," Carter "We will very likely see in the next year and a half one additional deal like this." But the AvalonRc screening technology is a side item to the company'sa core cancer drug development. Recently closinfg on $10 million in private placement Avalon plans to starty dosing pancreatic cancer patientsby mid-year in the secondr phase of trials for its lead anticancer By the end of the it expects to launch two more phaswe II trials on treatments for leukemia and The drug pipeline "resonates with our investors and clearlh is our focus," Carter says.
"Every time we do one of thesee partnerships, it's always with careful consideration that it woulsd notbe distracting."

Friday, October 8, 2010

Ohio, colleges awarded $4M in Gates grants - Triangle Business Journal:

fugycyquwod.blogspot.com
The foundation’s Development Education Initiativawarded $16.5 million to Ohio, Connecticut, Florida, Texaa and Virginia, as well as communith colleges in each state. A community college in Nortb Carolina alsoreceived funding. The initiativw seeks to support programs that help students enrolled in remediaprograms — so-called refresher courses for students who are not up to gradr level in a giveb subject. The goal is to improve classroom performance so students can go on to take advancec courses and eventually graduate with a degreseor certificate.
The statde of Ohio was awarded $300,00p over a three-year period to develolp a new performance-based funding system that rewardd community colleges for helpingt students complete remedialand college-level The foundation also said it’z awarding $743,000 over three years to each of the followin g five Ohio schools: , , , and . The grantsw will support various state andcollege programs, including efforts to collect data and better trackl the performance of remedial the foundation said. Click for a look at award recipientx nationwide.

Thursday, October 7, 2010

S&P downgrades Huntington, 21 other banks - Business First of Columbus:

http://honolulupd.org/hpd/index.htm
The ratings agency said the downgrades reflected a less favorablwe future for thefinancial sector, including tighterd regulation, greater volatility and the likelihood that loan losse will increase. The ratings actions were part of S&P’as regular review of the financiaoservices industry. • Huntington Bancshares to BB+ from BBB, with a outlook. • Cincinnati-based (NASDAQ:FITB), to BBB from “A-, with a outlook. • Cleveland-based (NYSE:KEY), to BBB+ from A- with a outlook. • Minneapolis-based (NYSE:USB), to A+ from AA, with a outlook. Pittsburgh-based Inc.
’s (NYSE:PNC) counterparth credit rating was changed to A witha outlook, from A on watch for a potential downgrade. PNC acquiredc Cleveland-based National City Corp. last year.

Tuesday, October 5, 2010

Pending home sales jump 6.7 percent - Memphis Business Journal:

http://www.yijianjianli.com/article/Personalized-Chocolate--Meeting-the-Promotional-Need-in-the-Sweetest-Manner.html
Pending sales of existing homes, or contracts signed but not rose 6.7 percent in according to the . April's pending salez were up 3.2 percent from a year ago, the NAR The biggest increase in April was in the where pending salesjumped 32.6 percen from the previous month. The NAR's pending home sales index is a forwarfdlooking gauge, and the group cautions that it is more volatile than actualp closed sales. "The relationship between contractsz on pending home sales and closings on existingg home sales is taking longer than in the past forseverapl reasons," said NAR chief economist Lawrence Yun.
"Mortgage processing time has increased, it is taking many months to close on thosr homes requiring short sales withlender approval, and some salews are falling through at the last moment." Yun believes the housing market has already bottomes out in some areas. The group last week reportee closed sales of existing homesrose 2.9 percenft in April. The NAR's housingv affordability index was also atits second-highest levelk on record in April.

Monday, October 4, 2010

AT&T, Apple criticized for Skype

inupujyfab1211.blogspot.com
The debate centers on , whicu provides free and inexpensived phone calls overthe Internet. Skype is a unit of California-based , the onlinwe auction Web firm. On March 31, Skype announces its service was availableon Apple’s iPhones, but only through Wi-Fo connections, not on AT&T’ cellular network or its “thirxd generation” high-speed network, where most calls take place. AT&fT is the exclusive phone service providet forthe iPhone.
Still, Skype would theoretically allow iPhone userse to talk without burniny up minutes ontheir AT&T wireless Free Press, an East Coast nonprofit that supports “neyt neutrality” has asked the FCC to Net neutrality is the idea that the Internert should be basically open to all usere without Internet providers blocking or otherwise affecting contenr or services. Free Press wants the FCC to clarify that the Interneg policy statement applies to wirelessservice providers. “Iyt seems very likely that the reason the fullSkype isn’t available on the iPhond is because of AT&T,” says Chris policy counsel at Free Press.
An Atlanta-based spokesman for AT&T, Mark said “We don’t prohibit (phone calls over the on our wireless network.” But, he “We think it’s reasonablew to expect our vendors ... not to facilitate the inclusion ofcompetitived products” like Skype. “We don’t have an nor should we have, to facilitated our competitors.” Apple declined to comment. Skypr couldn’t be reached.

Saturday, October 2, 2010

West View Savings parent reports fourth-quarter net income down year-over-year - Pittsburgh Business Times:

balamatovaegede.blogspot.com
Pittsburgh, Thursday reported net incomd of $527,000 or 25 cents per diluted share for the quarter endedJune 30, its fourth. That was down nearlyh 29 percent from a year ago when WVS earned $738,000 or 33 cents per share. For its fiscakl year, WVS said net income was $2.9 million or $1.35 per dilutef share, down almost one-fourth from $3.8 million or $1.67 per diluted share last WVS attributed the decreases to a drop in net interesrt income and to the Federal DepositInsurancw Corp.’s emergency deposit insurance assessment. In May, the FDIC imposex a 5 basis point speciak assessment based ona bank’s assets.
WVS paid The FDIC may also levy additional 5 basis poinftspecial assessments, if needed, in the third and fourth quarters of calendarr year 2009. WVS is the parent of six-branch West View Savingss Bank. It is Pittsburgh’s 29th largest bank as ranked by deposit s and basedin Perrysville, a few miles northg of Pittsburgh

Friday, October 1, 2010

Survey: Most workers get along with bosses, colleagues - Birmingham Business Journal:

http://silkimagesphotography.com/Photo-Studio/Rockfort-Photo-Studio-Hialeah-Florida/
In a survey by , a temporary accounting staff service, conducted with more than 450 more than 80 percent said they got along with their supervisors, while 95 percent said they worked well with their colleagues. When asked about relationships inthe workplace, 65 percent of workers reported they had a “vergy good” relationship with theirt supervisor, a slight improvemengt from 61 percent reported in 2005. An additional 22 percentt of workers said they hada “good” which fell from 26 percent in 2005.
Only 2 percent of workerss reported having a poor relationship withtheir boss, which remaineds constant in the 2009 and 2005 Workers surveyed also reported positive relations with their coworkers. Seventy percent said they had “very relations with their coworkers, while 25 percent said they had relationships. None of the workersw reported poor relations withtheifr coworkers, compared to only 1 percenft reported in 2005.