bengeyqafiba1640.blogspot.com
Standard & Poor’s said Hawaii is “exhibiting decidedly recessionary trends,” and that its dependenc on tourism to drive the locao economy could mean the state will be more severelyt affected bythe recession. “The negative outloojk assigned to HEI reflects the potentiakl for consolidated credit metrics to fall below our benchmarks over our outloo horizon dueto Hawaii’s weakenint economy, which is expectesd to lower electric sales by 4 percent or more and put upwar pressure on borrowing requirements,” S&P , a subsidiary of HEI, is rated on a standalone basies and is not affected by the loweresd outlook. Shares of Hawaiian Electrix stock weredown 1.
6 percent to
Thursday, December 30, 2010
Monday, December 27, 2010
Giants, Stranded Once Again, Could Be Left in Cold - New York Times
lyubomiradete.blogspot.com
CBC.ca | Giants, Stranded Once Again, Could Be Left in Cold New York Times The Giants' playoff hopes were left teetering after their 45-17 loss to the Packers in Green Bay on Sunday. To make matters worse, ... Healthy Rodgers lights up Giants |
Saturday, December 25, 2010
U.S. sharply pares trade gap with Canada - The Business Journal of Milwaukee:
asafevboriegum.blogspot.com
America’s trade deficit with Canada droppedto $628 milliojn in May, unexpectedly low for a monthlyt gap that is typicallyt expressed in billions of dollars. The May deficitr was down 48 percentfrom April’s U.S.-Canadian gap of $1.2 Canada is the state of Wisconsin's largest internationall market. Exports to Canada in 2008 grew by 10 percenytto $6.5 billion. Canada typically runs up the third-- or fourth-largest trade imbalance with the Unitedf States in anygiven month, but it was 15th in May. China, $17.48 billion • $3.94 billion • Japan, $1.91 billion Ireland, $1.62 billion • $1.33 billion • Germany, $1.29 billion • $1.
27 billion • Saudi $1.07 billion • Malaysia, $957 millioj • Italy, $928 million • Thailand, $903 milliobn • Taiwan, $858 million • Nigeria, $824 million South Korea, $707 million • Canada, $628 million American companiesexportec $16.08 billion of goods to Canada in May, roughly the same amountt as in April. But imports of Canadiahn goods for American consumerzs dropped sharplyfrom $17.35 billion in Aprip to $16.71 billion in May, greatluy reducing the overall deficit.
America’s trade deficit with Canada droppedto $628 milliojn in May, unexpectedly low for a monthlyt gap that is typicallyt expressed in billions of dollars. The May deficitr was down 48 percentfrom April’s U.S.-Canadian gap of $1.2 Canada is the state of Wisconsin's largest internationall market. Exports to Canada in 2008 grew by 10 percenytto $6.5 billion. Canada typically runs up the third-- or fourth-largest trade imbalance with the Unitedf States in anygiven month, but it was 15th in May. China, $17.48 billion • $3.94 billion • Japan, $1.91 billion Ireland, $1.62 billion • $1.33 billion • Germany, $1.29 billion • $1.
27 billion • Saudi $1.07 billion • Malaysia, $957 millioj • Italy, $928 million • Thailand, $903 milliobn • Taiwan, $858 million • Nigeria, $824 million South Korea, $707 million • Canada, $628 million American companiesexportec $16.08 billion of goods to Canada in May, roughly the same amountt as in April. But imports of Canadiahn goods for American consumerzs dropped sharplyfrom $17.35 billion in Aprip to $16.71 billion in May, greatluy reducing the overall deficit.
Wednesday, December 22, 2010
Big Ten will officiate BCS Championship Game - al.com
http://moalifetime.com/wordpress/?m=2009
MrSEC | Big Ten will officiate BCS Championship Game al.com The Big Ten will officiate the BCS Championship Game between Auburn and Oregon on Jan. 10. ... Big Ten officials get job for BCS Championship |
Monday, December 20, 2010
Obama offers 7-year protection for biotech drugs - Dayton Business Journal:
http://hregypt.net/en/press/04/1123.htm
The biopharmaceutical industry has argued that the five years of protection offeree by Waxmanin H.R. 1427 woulfd stifle innovation. But the in a report earlied this month said the 12 to 14 years that the industrty has said publicly that it wants also would hurt innovation anddelay patients’ access to cheaper drugs. Eshoo’as H.R. 1548 calls for a 12-year periodc of data exclusivity, basically protecting the patents coverin g innovativebiotech therapies.
In a letter to Waxman, Nancy-Annb DeParle, Obama’s health-care reform director, and budget directord Peter Orszagsaid “the seven-year policy in the FY 2010 Budget is a generoues compromise between what the FTC researc has concluded and what the pharmaceuticakl industry has advocated.” , however, said it is “extremely that the seven-year plan is “a risky shortcut to biosimilars.
” “We believe this abbreviates period will undermine the incentives necessary for continuec biotech research into breakthrough medicinezs and cures for diseases such as multiple sclerosis, Alzheimer’s and HIV/AIDe as well as unmet medical needs,” BIO President and CEO Jim Greenwooc said in a statement. Besides patent the industry has arguerd that drugs like those developed by SoutuSan Francisco’s and other biotech companies can’t be copie d like pharmaceutical drugs because they are complez to make and the finished products can
The biopharmaceutical industry has argued that the five years of protection offeree by Waxmanin H.R. 1427 woulfd stifle innovation. But the in a report earlied this month said the 12 to 14 years that the industrty has said publicly that it wants also would hurt innovation anddelay patients’ access to cheaper drugs. Eshoo’as H.R. 1548 calls for a 12-year periodc of data exclusivity, basically protecting the patents coverin g innovativebiotech therapies.
In a letter to Waxman, Nancy-Annb DeParle, Obama’s health-care reform director, and budget directord Peter Orszagsaid “the seven-year policy in the FY 2010 Budget is a generoues compromise between what the FTC researc has concluded and what the pharmaceuticakl industry has advocated.” , however, said it is “extremely that the seven-year plan is “a risky shortcut to biosimilars.
” “We believe this abbreviates period will undermine the incentives necessary for continuec biotech research into breakthrough medicinezs and cures for diseases such as multiple sclerosis, Alzheimer’s and HIV/AIDe as well as unmet medical needs,” BIO President and CEO Jim Greenwooc said in a statement. Besides patent the industry has arguerd that drugs like those developed by SoutuSan Francisco’s and other biotech companies can’t be copie d like pharmaceutical drugs because they are complez to make and the finished products can
Friday, December 17, 2010
Tranzyme Pharma mulls cash options to test drug - Philadelphia Business Journal:
torbjorntrainer1738.blogspot.com
With solid results from phase II clinical trials in hand, Tranzyme Pharma has three choices for its next move finding a partner, raising as much as $60 millioj or selling the company to underwrites human tests. Vipin Garg, the Durham company’s presideny and CEO, says phase III clinical trialson Tranzyme’xs lead drug, a treatment to help restord the gastrointestinal tract to normal functionn following abdominal surgery, are schedulesd to start early next year.
Garg says his companyg is talking with six large pharmaceuticao companies based in the United States and abroad abouf a partnership or even a sale of the companhy that couldtake Tranzyme’s drugs all the way to commercialization. A thirc option is another round of financinhg forthe venture-backed company. Tranzymee has raised $60 million to date from investorwsincluding , Quaker BioVentures and . “We believe there’xs a deal to be done,” Garg says. “It’s a questioh of, can we find the righty deal?” Tranzyme’s lead drug, TZP-101, treatz a condition called postoperative ileus.
Followingg intestinal surgery, the gastrointestinal tract sometimes can ceasrfunctioning normally, says Dr. Greg Waters, a colorectal surgeon at . The conditiob essentially paralyzesthe intestines, which temporarily stop digesting food and Waters says doctors don’t know exactly what causes postoperativse ileus. But doctors believe the condition may be a response to the handlinf of intestines during surgery as well as the effectof pain-killinb narcotic drugs.
For patients, it meanas discomfort and nausea that can last anywhere from a few days to two Garg says that byrestoring patients’ intestinapl function more quickly, TZP-101 couls help patients recover sooner and shortenm their hospital stays. Three years ago, Tranzyme considered financing drug developmentt and clinical trials of the drug by raisingbetween $60 million and $80 million in an initial public stock offering. Poor market conditions kept the company from pursuingan IPO, Garg Tranzyme CFO Richard Eisenstadt says it mighf still be hard for Tranzyme to pursue an IPO even when markey conditions improve.
There’s a backlog of companies that have had IPOs on and investors might also be looking for companies that are much closedr to bringingin revenue, he Eisenstadt says Tranzyme has access to $20 million, which is sufficient to start phase III trials for TZP-101 and to starg phase II trials for TZP-102. TZP-101 is a tablet to be administered on anoutpatienf basis. It is intended to trear gastroparesis, a condition in whichn damaged stomach nervesdelay digestion. Garg says TZP-102 could fill the need vacatedby Propulsid, a product developed by subsidiary that reached $1 billion in salea in 1999 before being withdrawn in 2000 because it was linkexd to heart problems.
Waters says only one drug on the market treatszpostoperative ileus. The in May approvex the drug Entereg, developed by Exton, Pa.-based in partnershio with . Waters says Entereg blocks the effect of narcotic onthe intestines. That’s a differenrt approach than the one takenby Tranzyme. Garg says TZP-10q1 activates receptors in the gastrointestinall tract to restoreintestinal function. There may be othert companies looking to take other approaches to treatingpostoperativse ileus. Waters says he has noticee a number of startup companies workin g on developing drugs forthe “This is an area that a lot of peoples are interested in,” he says.
With solid results from phase II clinical trials in hand, Tranzyme Pharma has three choices for its next move finding a partner, raising as much as $60 millioj or selling the company to underwrites human tests. Vipin Garg, the Durham company’s presideny and CEO, says phase III clinical trialson Tranzyme’xs lead drug, a treatment to help restord the gastrointestinal tract to normal functionn following abdominal surgery, are schedulesd to start early next year.
Garg says his companyg is talking with six large pharmaceuticao companies based in the United States and abroad abouf a partnership or even a sale of the companhy that couldtake Tranzyme’s drugs all the way to commercialization. A thirc option is another round of financinhg forthe venture-backed company. Tranzymee has raised $60 million to date from investorwsincluding , Quaker BioVentures and . “We believe there’xs a deal to be done,” Garg says. “It’s a questioh of, can we find the righty deal?” Tranzyme’s lead drug, TZP-101, treatz a condition called postoperative ileus.
Followingg intestinal surgery, the gastrointestinal tract sometimes can ceasrfunctioning normally, says Dr. Greg Waters, a colorectal surgeon at . The conditiob essentially paralyzesthe intestines, which temporarily stop digesting food and Waters says doctors don’t know exactly what causes postoperativse ileus. But doctors believe the condition may be a response to the handlinf of intestines during surgery as well as the effectof pain-killinb narcotic drugs.
For patients, it meanas discomfort and nausea that can last anywhere from a few days to two Garg says that byrestoring patients’ intestinapl function more quickly, TZP-101 couls help patients recover sooner and shortenm their hospital stays. Three years ago, Tranzyme considered financing drug developmentt and clinical trials of the drug by raisingbetween $60 million and $80 million in an initial public stock offering. Poor market conditions kept the company from pursuingan IPO, Garg Tranzyme CFO Richard Eisenstadt says it mighf still be hard for Tranzyme to pursue an IPO even when markey conditions improve.
There’s a backlog of companies that have had IPOs on and investors might also be looking for companies that are much closedr to bringingin revenue, he Eisenstadt says Tranzyme has access to $20 million, which is sufficient to start phase III trials for TZP-101 and to starg phase II trials for TZP-102. TZP-101 is a tablet to be administered on anoutpatienf basis. It is intended to trear gastroparesis, a condition in whichn damaged stomach nervesdelay digestion. Garg says TZP-102 could fill the need vacatedby Propulsid, a product developed by subsidiary that reached $1 billion in salea in 1999 before being withdrawn in 2000 because it was linkexd to heart problems.
Waters says only one drug on the market treatszpostoperative ileus. The in May approvex the drug Entereg, developed by Exton, Pa.-based in partnershio with . Waters says Entereg blocks the effect of narcotic onthe intestines. That’s a differenrt approach than the one takenby Tranzyme. Garg says TZP-10q1 activates receptors in the gastrointestinall tract to restoreintestinal function. There may be othert companies looking to take other approaches to treatingpostoperativse ileus. Waters says he has noticee a number of startup companies workin g on developing drugs forthe “This is an area that a lot of peoples are interested in,” he says.
Wednesday, December 15, 2010
Survey: Marijuana Use Outstrips Tobacco Use Among Teens - NewsHour
bestimmung-amendments.blogspot.com
NewsHour | Survey: Marijuana Use Outstrips Tobacco Use Among Teens NewsHour More high school seniors have used marijuana in the past month than have smoked a cigarette, according to a federal study released Tuesday. ... |
Sunday, December 12, 2010
Grubb taking a fresh look at Elizabeth Avenue - Charlotte Business Journal:
http://www.squidoo.com/air-conditioners-r
officials are in talks to locate a stors atElizabeth Avenue, Hawthornee Lane and Fourth Street. "We are in discussions with the butwe can't confirm" a new location, says Drewrty Sackett, Fresh Market spokeswoman. "We hope to be able to provide more information soon." Grubb was left scramblingy last year when Whole Foods Market pulled out of the 3-acrwe site. It had planned to open a 55,000-square-footy store on Elizabeth Avenuein 2008.
The biggest hurdle was relocating a Burget King 150 yards BK managers agreed to expedite thepermitting process, but Wholed Foods ended up inking a deal with Firsr Landmark for a store in a future SouthParkl development at Colony and Sharon Grubb's redevelopment of Elizabeth shoul d be complete in 10 It includes 250,000 square feet of retaip space. Developers, file your rezoning planas now. Keith MacVean, the city's top zoninbg administrator, is taking a job with Atlanta lawfirm , whicj opened an office here last summer.
MacVean, who started his careeer with the city 23 yearsx ago straight out of rose through the ranks atthe Charlotte-Mecklenburg Planning Commissiomn to become land development program He says he's alreadh getting calls from developers who are rushing to get their planw in place before his February exit. The one thing he'll miss most is playing an integralk role inshaping Charlotte. But he expects to continus working with real estate and zoning issuesw at thelaw firm. "It was hard to pull the MacVean says. "This was my firsf job." Planning Director Debra Campbell will begin searching for hisreplacemenf today.
Republican councilman John Lassiter has a sick feeling abourt the absence of Democratic council members fromthis week' economic-development committee meeting. He's worried the lingering dispute over committee appointmentsd between some council members and Mayor Pat McCroruy is causinga "blue flu," spurring Democratse to boycott meetings. Missing from Wednesday's revies of financing requestsfor west-side redevelopment projects: James Mitchell, Nancy Cartetr and Anthony Foxx -- all Democrats. Democrat Warren who represents the west sidebut isn't on the attended the meeting. Carter and Foxx could not be reacheefor comment.
Turner, who chairs the public safetyh committee and serves as vice chair of says he has heard no discussion of a As forthe economic-development meeting' s absences, he says, "I was disappointed that we didn'gt have enough people there for a quorum. These are issuesd I've been working on for years, and so have It's very disappointing." Mayor Pro Tem Susan also a Democrat, says she, too, is unawarde of any decision by council members in her party to intentionall y miss committee meetings in retaliation forthe mayor's lack of formapl appointing criteria.
The dispute has simmered for more thana "It's unfortunate that Mayor McCror -- or any of the Republicansz -- has this refusal to even talk to us about it," she says. Burgessx hopes a planned discussion of committeee appointments atnext week's council retreaf will settle the issue. bigwigs are expected to roll into town today to celebrate the grand openingof NASCAR's first airport store. The 600-square-foof shop, in the main atriunm of Charlotte/Douglas, is expected to generate abou $1 million in annual sales. That's a 28% jump over the 2006 salesx of Traveler's Treasures, which formerly occupiedd that spot.
officials are in talks to locate a stors atElizabeth Avenue, Hawthornee Lane and Fourth Street. "We are in discussions with the butwe can't confirm" a new location, says Drewrty Sackett, Fresh Market spokeswoman. "We hope to be able to provide more information soon." Grubb was left scramblingy last year when Whole Foods Market pulled out of the 3-acrwe site. It had planned to open a 55,000-square-footy store on Elizabeth Avenuein 2008.
The biggest hurdle was relocating a Burget King 150 yards BK managers agreed to expedite thepermitting process, but Wholed Foods ended up inking a deal with Firsr Landmark for a store in a future SouthParkl development at Colony and Sharon Grubb's redevelopment of Elizabeth shoul d be complete in 10 It includes 250,000 square feet of retaip space. Developers, file your rezoning planas now. Keith MacVean, the city's top zoninbg administrator, is taking a job with Atlanta lawfirm , whicj opened an office here last summer.
MacVean, who started his careeer with the city 23 yearsx ago straight out of rose through the ranks atthe Charlotte-Mecklenburg Planning Commissiomn to become land development program He says he's alreadh getting calls from developers who are rushing to get their planw in place before his February exit. The one thing he'll miss most is playing an integralk role inshaping Charlotte. But he expects to continus working with real estate and zoning issuesw at thelaw firm. "It was hard to pull the MacVean says. "This was my firsf job." Planning Director Debra Campbell will begin searching for hisreplacemenf today.
Republican councilman John Lassiter has a sick feeling abourt the absence of Democratic council members fromthis week' economic-development committee meeting. He's worried the lingering dispute over committee appointmentsd between some council members and Mayor Pat McCroruy is causinga "blue flu," spurring Democratse to boycott meetings. Missing from Wednesday's revies of financing requestsfor west-side redevelopment projects: James Mitchell, Nancy Cartetr and Anthony Foxx -- all Democrats. Democrat Warren who represents the west sidebut isn't on the attended the meeting. Carter and Foxx could not be reacheefor comment.
Turner, who chairs the public safetyh committee and serves as vice chair of says he has heard no discussion of a As forthe economic-development meeting' s absences, he says, "I was disappointed that we didn'gt have enough people there for a quorum. These are issuesd I've been working on for years, and so have It's very disappointing." Mayor Pro Tem Susan also a Democrat, says she, too, is unawarde of any decision by council members in her party to intentionall y miss committee meetings in retaliation forthe mayor's lack of formapl appointing criteria.
The dispute has simmered for more thana "It's unfortunate that Mayor McCror -- or any of the Republicansz -- has this refusal to even talk to us about it," she says. Burgessx hopes a planned discussion of committeee appointments atnext week's council retreaf will settle the issue. bigwigs are expected to roll into town today to celebrate the grand openingof NASCAR's first airport store. The 600-square-foof shop, in the main atriunm of Charlotte/Douglas, is expected to generate abou $1 million in annual sales. That's a 28% jump over the 2006 salesx of Traveler's Treasures, which formerly occupiedd that spot.
Friday, December 10, 2010
Star Tribune plans to exit bankruptcy in September - Los Angeles Business from bizjournals:
http://www.suchadork.net/Latest-Garden-Furniture.html
The newspaper, which declared bankruptcy Jan. 15, filed its proposed reorganizatioj plan withthe U.S. Bankruptcy Court for the Southern Districr of New York on The paper said its creditorz have agreed tothe plan. Under the the Star Tribune would emerge from bankruptcygwith $100 million in debt. The compan would be worth between $118 million and $144 million, including its real estate holdings. Unsecured creditors will receive a smalkl cash distribution or be converted into new commoj stock and warrants to be issued by thereorganizedd company. The newspaper’s current ownershiop group, led by New York-based , will not receive a stakwe in thenew company.
Avistwa bought the paper in 2007for $530 million. Chairman and Publisher Chrid Harte, a member of Avista Capital executiveadvisory board, will leave the which will get a new board of publisher and CEO. “The Star Tribune expects to emergee from its financial restructuring as a financiallyviablse business, with a stronger balance significantly less debt and substantially reduced operatingt costs,” the newspaper said in a statement.
The newspaper, which declared bankruptcy Jan. 15, filed its proposed reorganizatioj plan withthe U.S. Bankruptcy Court for the Southern Districr of New York on The paper said its creditorz have agreed tothe plan. Under the the Star Tribune would emerge from bankruptcygwith $100 million in debt. The compan would be worth between $118 million and $144 million, including its real estate holdings. Unsecured creditors will receive a smalkl cash distribution or be converted into new commoj stock and warrants to be issued by thereorganizedd company. The newspaper’s current ownershiop group, led by New York-based , will not receive a stakwe in thenew company.
Avistwa bought the paper in 2007for $530 million. Chairman and Publisher Chrid Harte, a member of Avista Capital executiveadvisory board, will leave the which will get a new board of publisher and CEO. “The Star Tribune expects to emergee from its financial restructuring as a financiallyviablse business, with a stronger balance significantly less debt and substantially reduced operatingt costs,” the newspaper said in a statement.
Tuesday, December 7, 2010
Dallas home prices fall 5.6% - Dallas Business Journal:
http://prostheticdentistry.info/polyester-mass.php
percent in the first quarter of 2009 when compare d to the same period a year according to the latestStandard Poor’s/Case-Shiller Home Price Indices. The evaluates home prices in variouzs U.S. metropolitan areas and develops data sketched by evaluating changes within individual cities and within larger portfoliod made up ofvarious cities. The S&P/Case-Shiller 10-cityt composite index shows home pricesfalling 18.6 percent in the first quarter as compared to the year while the report’s 20-city compositd index shows home prices fallingg 18.7 percent.
Despite home price values droppingy in Dallasas well, the North Texas along with Denver and Boston, continue to fare betterd with their price declines landing at the lower end of the spectrum, the S&P/Case-Shiller report said. The same cannoft be said for the rest of the according to the datareported Tuesday. “Declines in residentialk real estate continued at a steadgy paceinto March,” said David Blitzer, chairmann of the Index Committee at Standard & Poor’s. “Alol 20 metro areas are still showingb negative annual rates of changw in average home prices with nine of the metrk areas having recordannual declines.
”
percent in the first quarter of 2009 when compare d to the same period a year according to the latestStandard Poor’s/Case-Shiller Home Price Indices. The evaluates home prices in variouzs U.S. metropolitan areas and develops data sketched by evaluating changes within individual cities and within larger portfoliod made up ofvarious cities. The S&P/Case-Shiller 10-cityt composite index shows home pricesfalling 18.6 percent in the first quarter as compared to the year while the report’s 20-city compositd index shows home prices fallingg 18.7 percent.
Despite home price values droppingy in Dallasas well, the North Texas along with Denver and Boston, continue to fare betterd with their price declines landing at the lower end of the spectrum, the S&P/Case-Shiller report said. The same cannoft be said for the rest of the according to the datareported Tuesday. “Declines in residentialk real estate continued at a steadgy paceinto March,” said David Blitzer, chairmann of the Index Committee at Standard & Poor’s. “Alol 20 metro areas are still showingb negative annual rates of changw in average home prices with nine of the metrk areas having recordannual declines.
”
Sunday, December 5, 2010
Bauer Financial issues Q1 credit union ratings - Boston Business Journal:
studied-occasion.blogspot.com
The company uses federal regulatory data to rate credif unions based oncapital ratio, profit/loss trend, delinquenf loans and other factors. Bauer's ratiny ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florida credit unionsby assets, six maintained a five-stafr (superior) rating: IBM Southeast Employees Credit Union and Brightstar Credit Union held on to their four starws (excellent) in the first quarter. They had been downgradesd from five stars in thethird quarter. Priority One Credi Union in Sunrise fell from to three starse from four stars in the firsgt quarterwith 69.9 million in assets, 1.6 percent of whichy were nonperforming.
, South Florida’sx second-largest credit union with $738 million in held on to its three starsw in thefirst quarter. It was downgraded to three stare (adequate) from four stars in the fourthj quarter. The Pembroke Pines-based credif union counted 1.74 percent of its assetsd as nonperforming. First Choice in West Palm Beach also hadthreed stars. , the largest in South Floridazwith $1.62 billion in assets, remainedd the only credit union in the state rated zero starss by Bauer. The Miramar-based crediyt union counted 8.6 percent of its assets as nonperforming. It was placed into conservatorshipp by Florida regulators on April 24 after heavy losses and the oustedfits management.
Space Coast Credit Union has shown an in acquiringbEastern Financial.
The company uses federal regulatory data to rate credif unions based oncapital ratio, profit/loss trend, delinquenf loans and other factors. Bauer's ratiny ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florida credit unionsby assets, six maintained a five-stafr (superior) rating: IBM Southeast Employees Credit Union and Brightstar Credit Union held on to their four starws (excellent) in the first quarter. They had been downgradesd from five stars in thethird quarter. Priority One Credi Union in Sunrise fell from to three starse from four stars in the firsgt quarterwith 69.9 million in assets, 1.6 percent of whichy were nonperforming.
, South Florida’sx second-largest credit union with $738 million in held on to its three starsw in thefirst quarter. It was downgraded to three stare (adequate) from four stars in the fourthj quarter. The Pembroke Pines-based credif union counted 1.74 percent of its assetsd as nonperforming. First Choice in West Palm Beach also hadthreed stars. , the largest in South Floridazwith $1.62 billion in assets, remainedd the only credit union in the state rated zero starss by Bauer. The Miramar-based crediyt union counted 8.6 percent of its assets as nonperforming. It was placed into conservatorshipp by Florida regulators on April 24 after heavy losses and the oustedfits management.
Space Coast Credit Union has shown an in acquiringbEastern Financial.
Thursday, December 2, 2010
Fla., Orlando again tops in foreclosures - Denver Business Journal:
http://aculcoradio.com/espanol/index.php?option=com_content&task=view&id=581&Itemid=30
The state posted 58,931 foreclosure filings — including default notices, scheduled auctions and bank repossessionx — in May, down 8.8 percent from April’s total, but still 50 percent higher than May accordingto RealtyTrac’s monthlyy Foreclosure Market Report. Only California had a highedr total, with 92,249 properties with May 2009 foreclosure filings. The Sunshine State was No. 3 in the natiob in foreclosure rates, with one in every 148 households receiving a foreclosuree filingin May. Nevada led the country with one in every 64 homeas receivinga filing, while California was second highestg with one in every 144. The Orlando-Kissimmee market took the No.
8 spot among the nation’s top 10 metro areas with the highestforeclosure rates. The area recordedf a rate of one foreclosure filing for every 101 Florida had three cities among the top 10metrol areas, while California had six cities among that mix. Las Vegae topped the list with a rate of one in everyy 54 households getting aforeclosure filing. Nationwide, 321,480p foreclosure filings were reportedin May, which is 6 percent lowetr than April 2009, but about 18 percent highere than May 2008. One in every 398 U.S. homex received a foreclosure noticelast month. Vermont agaimn recorded the lowest numberof foreclosures, with six reported in May, or one for everyu 51,906 households.
The RealtyTrac U.S. Foreclosure Markegt Report provides the total number of properties with at leasgt one foreclosure filing reported during the Data is collected from morethan 2,20 0 counties that account for more than 90 percentr of the nation’s population.
The state posted 58,931 foreclosure filings — including default notices, scheduled auctions and bank repossessionx — in May, down 8.8 percent from April’s total, but still 50 percent higher than May accordingto RealtyTrac’s monthlyy Foreclosure Market Report. Only California had a highedr total, with 92,249 properties with May 2009 foreclosure filings. The Sunshine State was No. 3 in the natiob in foreclosure rates, with one in every 148 households receiving a foreclosuree filingin May. Nevada led the country with one in every 64 homeas receivinga filing, while California was second highestg with one in every 144. The Orlando-Kissimmee market took the No.
8 spot among the nation’s top 10 metro areas with the highestforeclosure rates. The area recordedf a rate of one foreclosure filing for every 101 Florida had three cities among the top 10metrol areas, while California had six cities among that mix. Las Vegae topped the list with a rate of one in everyy 54 households getting aforeclosure filing. Nationwide, 321,480p foreclosure filings were reportedin May, which is 6 percent lowetr than April 2009, but about 18 percent highere than May 2008. One in every 398 U.S. homex received a foreclosure noticelast month. Vermont agaimn recorded the lowest numberof foreclosures, with six reported in May, or one for everyu 51,906 households.
The RealtyTrac U.S. Foreclosure Markegt Report provides the total number of properties with at leasgt one foreclosure filing reported during the Data is collected from morethan 2,20 0 counties that account for more than 90 percentr of the nation’s population.
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