obesonuqa.wordpress.com
His 142-year-old business is the area's largestf privately owned employer, ranked No. 14 on Businesws First's list of major employees, with about 1,700 employees. It has a stronh net-worth-to-debt ratio, healthy cash flow and a sound balance Simon said. Publishers has a line of credig tied to theprime rate, the ratees at which big bankse lend to their best customers. But Simon does see some weaknessa amonghis customers, such as an increasingt number of slow payers. "A couple of businessexs -- customers I've had for years -- have bouncedc checks that have never bouncedchecksa before," he said.
The question ultimately is: What happensa to economic growth ina worst-case scenario? Most likely, the deeper the the longer the return to normalcy. "Whay you see (during economic crises) is that on bank balances sheets, banks want to carry fewer loans, preferring to hold Mullineux said. "As the economy gets back on its feet, the bankes will sell those securities and use that cash to starttlending again." The current capital crisis started with banks and mortgage brokers making mortgage loans to people, includin real estate speculators, with poor credit questionable income and no money down.
Many of those mortgagexs included adjustable interest rates that rese to double or tripled theintroductory rates, with penalties if borrower s refinanced. If that weren't bad enough, those subprimed loans, through the magic of securitization, got turnecd into highly rated collateral for bond issuesz and other debt instruments such as collateralized debt obligations. So, when those dicey mortgages starteegoing bad, and borrowers started defaulting, the banks and mortgag e lenders started losing their But the pain didn't stop there. Those defaulte set in motion falling dominos as the housing bubble created by the artificially inflated mortgage demandquickly burst.
The mortgagwe defaults also meant that some investors stopped gettin g returns from thosesubprime mortgage-backed bonds as the underlyiny collateral went bad. Those investorzs included some of the biggest names on Wall including Merrill Lynch and the now infamous BearStearne Co. hedge funds. Moreover, problems with residential mortgage-backede securities have cut confidencw incommercial mortgage-backed securities and in the increasingly interconnectef world capital market matrix as a whole. New job creation may suffer as capital groww tighter Although established businesseds so far seem unaffected by the ongoincapital crisis, growth companie s that create new jobs might be hardest hit.
Sincd March 2007, Randall Waldman has built , based in from an idea into a thriving operatiohn with a totalof 240,00o square feet in manufacturing capacity in threew locations.
Thursday, June 30, 2011
Tuesday, June 28, 2011
Taubman seeking OK for 12 stories in Forsyth - Atlanta Business Chronicle:
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Up next for developer Inc. is a special zonin designation from ForsythCounty commissioners, an important step for the The commission was expected to take up the issued April 3. The 164-acre proposed mixed-use development near Georgiq 400 and McFarland Road will have as its centerpiecea high-en d shopping center that may lure the likes of Neimaj Marcus, Saks Fifth Avenue and Bloomingdale's to the affluent northermn Atlanta suburbs -- a Phippsa Plaza on the north side.
But, Taubman is seeking commissioners' approval to grant an overlay districf forthe mixed-use a designation that essentially gives the developedr the go-ahead to build 12-story offices, more than doublre the height allowed under Forsyth codes. At that height, the buildingas will be in better position to lure top corporate headquarterswto Forsyth, the developer said. Taubman has been in the developmenft business 55 years and has several centers in including International Plaza in Tampa and Watersider Shops at Pelican Bayin But, the Forsyth centee would be its first foray into "I think the spacing of Atlanta'es malls is right to put this next regionall shopping center just north of North Point Mall [in Alpharetta], said Mark Taubman's vice president of development.
"It's the place we thin k makes the best sensefor Atlanta's next higher-end shopping center. It woulfd be the only one in that categoru inthe region, other than Lenox and The $1 billion project would also includee 900,000 square feet of office space, 875 residences and 500 hotek rooms. Two economic studies on the development predict that it couldd createnearly 8,000 jobs and tens of millions in annuapl tax revenue for Forsyth County and its schools. Forsyth, whicyh gets a majority of its taxes from the residential stands to see upto $13 millioj in commercial tax revenuer annually as a result of the project.
"It's going to have a tremendousx impact on ourtax digest, and a tremendous impacr on commercial and retail development," said Bria n Dill, vice president of economic developmengt for the Cumming-Forsyth Chamber of Commerce. "They'v always compared this to Lenozx andPhipps Plaza. That's their measuring stick." Taubman is negotiating with fashionanchor stores, and neede commitments by this summer to stay on track for a 2011 openin g of the project's first phase.
Taubman and Forsytu will also have to agred on whether the county will shoulder the costsw ofinfrastructure improvements, including extending Ronaled Reagan Boulevard from McFarland to Unionn Hill, a project that would providd greater access to the mixed-use development. Stil growing. Foltz Martin LLC is close to renewing its leased at PiedmontCenter 5, giving it room to continud expanding, according to sources close to the deal. Fueling growtjh for the law firm in recenf years is morecomplex litigation, including representation of ownersa and general contractors in commercial construction.
Foltx Martin's new lease at Piedmon t Center would giveit 17,000 square feet with rights to expand by anothere 8,000 square feet over the next six The firm's ability to grow up to 25,0009 square feet is playing a role in its possiblr renewal at Piedmont of Georgia Inc.'s John O'Neill and Ken Ashlegy are representing Foltz Jeff Keppen and Chris Port of CB Richar d Ellis Inc. are representing the landlord, KBS PAne in the Glass. The Westin Peachtree Plazw is one ofthe world's tallest hotels, a 725-fooy tower known for its distinctive reflectiv glass. Lately, it's all that glass that's becomingh a pain.
Up next for developer Inc. is a special zonin designation from ForsythCounty commissioners, an important step for the The commission was expected to take up the issued April 3. The 164-acre proposed mixed-use development near Georgiq 400 and McFarland Road will have as its centerpiecea high-en d shopping center that may lure the likes of Neimaj Marcus, Saks Fifth Avenue and Bloomingdale's to the affluent northermn Atlanta suburbs -- a Phippsa Plaza on the north side.
But, Taubman is seeking commissioners' approval to grant an overlay districf forthe mixed-use a designation that essentially gives the developedr the go-ahead to build 12-story offices, more than doublre the height allowed under Forsyth codes. At that height, the buildingas will be in better position to lure top corporate headquarterswto Forsyth, the developer said. Taubman has been in the developmenft business 55 years and has several centers in including International Plaza in Tampa and Watersider Shops at Pelican Bayin But, the Forsyth centee would be its first foray into "I think the spacing of Atlanta'es malls is right to put this next regionall shopping center just north of North Point Mall [in Alpharetta], said Mark Taubman's vice president of development.
"It's the place we thin k makes the best sensefor Atlanta's next higher-end shopping center. It woulfd be the only one in that categoru inthe region, other than Lenox and The $1 billion project would also includee 900,000 square feet of office space, 875 residences and 500 hotek rooms. Two economic studies on the development predict that it couldd createnearly 8,000 jobs and tens of millions in annuapl tax revenue for Forsyth County and its schools. Forsyth, whicyh gets a majority of its taxes from the residential stands to see upto $13 millioj in commercial tax revenuer annually as a result of the project.
"It's going to have a tremendousx impact on ourtax digest, and a tremendous impacr on commercial and retail development," said Bria n Dill, vice president of economic developmengt for the Cumming-Forsyth Chamber of Commerce. "They'v always compared this to Lenozx andPhipps Plaza. That's their measuring stick." Taubman is negotiating with fashionanchor stores, and neede commitments by this summer to stay on track for a 2011 openin g of the project's first phase.
Taubman and Forsytu will also have to agred on whether the county will shoulder the costsw ofinfrastructure improvements, including extending Ronaled Reagan Boulevard from McFarland to Unionn Hill, a project that would providd greater access to the mixed-use development. Stil growing. Foltz Martin LLC is close to renewing its leased at PiedmontCenter 5, giving it room to continud expanding, according to sources close to the deal. Fueling growtjh for the law firm in recenf years is morecomplex litigation, including representation of ownersa and general contractors in commercial construction.
Foltx Martin's new lease at Piedmon t Center would giveit 17,000 square feet with rights to expand by anothere 8,000 square feet over the next six The firm's ability to grow up to 25,0009 square feet is playing a role in its possiblr renewal at Piedmont of Georgia Inc.'s John O'Neill and Ken Ashlegy are representing Foltz Jeff Keppen and Chris Port of CB Richar d Ellis Inc. are representing the landlord, KBS PAne in the Glass. The Westin Peachtree Plazw is one ofthe world's tallest hotels, a 725-fooy tower known for its distinctive reflectiv glass. Lately, it's all that glass that's becomingh a pain.
Sunday, June 26, 2011
Legal battle over gay-marriage reignites - San Francisco Business Times:
tiqosi.wordpress.com
Former U.S. Solicitor General Ted Olson, who represented George W. Bush in the historic election case, and David who represented then-Vice President Al Gore, filee a preliminary injunction in federal courty Wednesday morning that calls for an injunction restorinf marriage rights for gays in Californis until the legal battlseover Prop. 8 is concluded. The broader suit, filef Friday in U.S. District Court for the Northerbn Districtof California, argues that Prop. 8 createse a class of “second-class citizens” and thereby violates the U.S. according to the plaintiffs.
“Thixs unequal treatment of gays and lesbiana denies them the basic liberties and equak protection under the law that are guaranteedx by theFourteenth Amendment,” the suit states. Olson and Boies are suing on behalf oftwo same-sex couples who were deniefd marriage licenses due to Prop. 8. By filingt in U.S. District Court, observers say, they hope to ultimatelyu force the issue beforethe U.S. Supreme which has been deeply divided onthe issue. The two attorneysd are servingas co-counsels on the case, a project of the . On the California Supreme Court upheldxthe proposition, the state’s bitterly contested voter-approved ban on same-sex marriage, by a 6-to-1 vote.
But the Californi a court also ruledthat same-sex marriagees performed during an interim period last year beforr the measure was enforced are The court’s move means the issue will likely appear again on the state’s Other states like Iowa, Connecticut, Mainw and Vermont have legalized same-sex marriages. New New York and New Jersey have similar moves under The CaliforniaSupreme Court, in its rulinh Tuesday, considered only the constitutionality of the measure, which appearefd on the November ballot followingh a ruling a year ago in May that allowexd same-sex marriages in the Some 18,000 couples were married durin the period between May and November.
The judgesw unanimously upheld the validity ofthose marriages.
Former U.S. Solicitor General Ted Olson, who represented George W. Bush in the historic election case, and David who represented then-Vice President Al Gore, filee a preliminary injunction in federal courty Wednesday morning that calls for an injunction restorinf marriage rights for gays in Californis until the legal battlseover Prop. 8 is concluded. The broader suit, filef Friday in U.S. District Court for the Northerbn Districtof California, argues that Prop. 8 createse a class of “second-class citizens” and thereby violates the U.S. according to the plaintiffs.
“Thixs unequal treatment of gays and lesbiana denies them the basic liberties and equak protection under the law that are guaranteedx by theFourteenth Amendment,” the suit states. Olson and Boies are suing on behalf oftwo same-sex couples who were deniefd marriage licenses due to Prop. 8. By filingt in U.S. District Court, observers say, they hope to ultimatelyu force the issue beforethe U.S. Supreme which has been deeply divided onthe issue. The two attorneysd are servingas co-counsels on the case, a project of the . On the California Supreme Court upheldxthe proposition, the state’s bitterly contested voter-approved ban on same-sex marriage, by a 6-to-1 vote.
But the Californi a court also ruledthat same-sex marriagees performed during an interim period last year beforr the measure was enforced are The court’s move means the issue will likely appear again on the state’s Other states like Iowa, Connecticut, Mainw and Vermont have legalized same-sex marriages. New New York and New Jersey have similar moves under The CaliforniaSupreme Court, in its rulinh Tuesday, considered only the constitutionality of the measure, which appearefd on the November ballot followingh a ruling a year ago in May that allowexd same-sex marriages in the Some 18,000 couples were married durin the period between May and November.
The judgesw unanimously upheld the validity ofthose marriages.
Thursday, June 23, 2011
St. Mary
http://medavog.net/Adobe-Photoshop1/glava6_1.htm
This award recognizes the top law schoolp in Texas that has distinguished itself by activelg educating its students about access tojustice issues. The St. Mary’s Center for Legal and Social Justice providess free legal services to the which has beendeemed “truly exceptional” by the St. Mary’s Law School Dean Charlesz E. Cantu agrees. “The Center for Legal and SocialkJustice faculty, staff and students are trulyt deserving of this accolade as their servicer and commitment to providing legakl services to the poor and disenfranchise d of San Antonio and South Texas is trul y outstanding,” he says.
Through this program, law students workingv under the supervision of a faculty member server as the attorney of record for indigent clientd in the areasof civil, immigration and human rights cases.
This award recognizes the top law schoolp in Texas that has distinguished itself by activelg educating its students about access tojustice issues. The St. Mary’s Center for Legal and Social Justice providess free legal services to the which has beendeemed “truly exceptional” by the St. Mary’s Law School Dean Charlesz E. Cantu agrees. “The Center for Legal and SocialkJustice faculty, staff and students are trulyt deserving of this accolade as their servicer and commitment to providing legakl services to the poor and disenfranchise d of San Antonio and South Texas is trul y outstanding,” he says.
Through this program, law students workingv under the supervision of a faculty member server as the attorney of record for indigent clientd in the areasof civil, immigration and human rights cases.
Tuesday, June 21, 2011
Former Giants standout Barber suffered yearlong depression - Las Vegas Review - Journal
framptongeqeaqu1461.blogspot.com
CBSSports.com | Former Giants standout Barber suffered yearlong depression Las Vegas Review - Journal Tiki Barber says failures off the field after his retirement from footb » |
Sunday, June 19, 2011
Nationwide Arena sale under discussion - Charlotte Business Journal:
http://seikkailupuisto.com/Adobe%20Illustrator%209.0/gl13/gl13-5.html
Preliminary talks have been held betweej Blue Jackets and Franklin County state legislators and Nationwide Insurance executivesd over helping the National Hockey Leagues club solve itseconomic problems, Columbus Business First has One option under discussion calls for the county to buy the 18,000-seat arena from Nationwide so the team can work toward getting a bettetr lease. The issue is likely to come to a head in coming weeks as lawmakers decide whether to granf Franklin County the authority to imposs or seek voter approval for an increase in alcoho l and tobaccoexcise taxes. Such a provisiojn could be added to the state budget bill that the Generall Assembly must pass byJune 30.
Proceedzs from a higher “sin tax” could providde a revenue stream for the county to tap to retirs debt on bonds it wouldc issue to finance an arena according to people involved inthe discussions. Ohio’s beer and wine tax ratea stand at 18 cents and 32 centza gallon, respectively. There is also a $1.25 state tax on a pack of Better dealfor team? Nationwide Arena is owned by a partnershipo of Nationwide Insurance and Dispatcb Printing Co., with the insurer holding a 90 percent The Blue Jackets lease the nine-year-old arena and operate it, but revenue from eventsx isn’t covering operating costs, said Blue Jackets President Mike Priest.
That’s forcing the club to take moneyu from hockey operations to make up the he said. The formula worked in the early yearw ofthe franchise, when the team’z player payroll was lower and game attendance was Priest said, but it has contributecd to financial losses the Blue Jackets have suffered in recenf years. The club has lost a combined $80 milliomn over the past sevehn years. “We have a building financial issue,” Priest said. “That leads to a team financial issue. If we can fix the building we can fix theteam problem.
” Team officialw are exploring whether county ownershipl of the arena could result in favorabld changes to the Blue Jackets’ operating terms, Priesy said. A county agency – the Convention Facilities Authorityg – owns the land undef the arena and the nearbu Greater ColumbusConvention Center. The county also owns Huntingtom Park, the home of the Columbu Clippers in theArena “The county has not agreed to do anything,” Priesft said. “Nothing has been Commissioners are aware of what the Blue Jacketas are proposing but have not taken a position on buying the said county AdministratorDon Brown.
The count could not afford to buy the building unless a revenuwe stream was guaranteed to retires bond debt that would go with a he said. Officials also woulr need to examine theBlue Jackets’ finances, lease terms and revenues from non-hockey events such as concerts. The club likelg would be asked to signa long-tern lease to ensure it remains in Columbus, Brown “Without a covenant or guarantee like that,” he “I doubt the county would be It would not make business sense to take on ownership without being assured of an anchor Public-private partnerships involving professional sports arenas and stadiumsx are common, Priest said.
For example, tax revenu e from alcohol and tobacco sales was used in Cuyahogaq County to help finance construction of a basketballk arena for the Cleveland Cavaliers and a baseball stadium for the Indiansd inthe 1990s. Columbus went the opposite route in 1997 after voters defeated a tax proposal to fund constructionj of adowntown arena. Nationwids and Dispatch Printing, owner of the Columbus Dispatch and othermediaq operations, stepped in to build the $150 millioj arena when Worthington Industries Inc. foundere John H. McConnell led an investors group that landed an NHL franchise forthe city. The privatelh owned Blue Jackets, whose majority owner is Worthington Industries CEOJohn P.
haven’t disclosed details of the team’s finances. But mediza reports have put the team’s lease on Nationwidde Arena at morethan $3 million a year. Priest said the Blue Jackets gave up several revenue sourceas to help get thearena built, including 15 of the arena’s 52 luxury suites that were sold for 25 year s by Nationwide. The team gets revenue from the remaining luxury but receives no revenue from parkingf or arenanaming rights, he said. Priesyt was asked if the Blue Jackets wouldf consider leaving Columbus if the arensa issue isnot resolved.
“Ther very reason we are being so proactive,” he “is to avoid havinvg to deal with that question and I believe as a communituy we have the ability to find a Nationwide has participated in discussionson “public-private opportunities” for the Blue including a sale of the said Eric Hardgrove, a spokesman for the Columbus-basedf insurer. “We are not actively looking to sellthe arena,” he “It is one of the many options under considerationh to help ensure the Blue Jackets remain a strong, viable presence here for yearsw to come.
”
Preliminary talks have been held betweej Blue Jackets and Franklin County state legislators and Nationwide Insurance executivesd over helping the National Hockey Leagues club solve itseconomic problems, Columbus Business First has One option under discussion calls for the county to buy the 18,000-seat arena from Nationwide so the team can work toward getting a bettetr lease. The issue is likely to come to a head in coming weeks as lawmakers decide whether to granf Franklin County the authority to imposs or seek voter approval for an increase in alcoho l and tobaccoexcise taxes. Such a provisiojn could be added to the state budget bill that the Generall Assembly must pass byJune 30.
Proceedzs from a higher “sin tax” could providde a revenue stream for the county to tap to retirs debt on bonds it wouldc issue to finance an arena according to people involved inthe discussions. Ohio’s beer and wine tax ratea stand at 18 cents and 32 centza gallon, respectively. There is also a $1.25 state tax on a pack of Better dealfor team? Nationwide Arena is owned by a partnershipo of Nationwide Insurance and Dispatcb Printing Co., with the insurer holding a 90 percent The Blue Jackets lease the nine-year-old arena and operate it, but revenue from eventsx isn’t covering operating costs, said Blue Jackets President Mike Priest.
That’s forcing the club to take moneyu from hockey operations to make up the he said. The formula worked in the early yearw ofthe franchise, when the team’z player payroll was lower and game attendance was Priest said, but it has contributecd to financial losses the Blue Jackets have suffered in recenf years. The club has lost a combined $80 milliomn over the past sevehn years. “We have a building financial issue,” Priest said. “That leads to a team financial issue. If we can fix the building we can fix theteam problem.
” Team officialw are exploring whether county ownershipl of the arena could result in favorabld changes to the Blue Jackets’ operating terms, Priesy said. A county agency – the Convention Facilities Authorityg – owns the land undef the arena and the nearbu Greater ColumbusConvention Center. The county also owns Huntingtom Park, the home of the Columbu Clippers in theArena “The county has not agreed to do anything,” Priesft said. “Nothing has been Commissioners are aware of what the Blue Jacketas are proposing but have not taken a position on buying the said county AdministratorDon Brown.
The count could not afford to buy the building unless a revenuwe stream was guaranteed to retires bond debt that would go with a he said. Officials also woulr need to examine theBlue Jackets’ finances, lease terms and revenues from non-hockey events such as concerts. The club likelg would be asked to signa long-tern lease to ensure it remains in Columbus, Brown “Without a covenant or guarantee like that,” he “I doubt the county would be It would not make business sense to take on ownership without being assured of an anchor Public-private partnerships involving professional sports arenas and stadiumsx are common, Priest said.
For example, tax revenu e from alcohol and tobacco sales was used in Cuyahogaq County to help finance construction of a basketballk arena for the Cleveland Cavaliers and a baseball stadium for the Indiansd inthe 1990s. Columbus went the opposite route in 1997 after voters defeated a tax proposal to fund constructionj of adowntown arena. Nationwids and Dispatch Printing, owner of the Columbus Dispatch and othermediaq operations, stepped in to build the $150 millioj arena when Worthington Industries Inc. foundere John H. McConnell led an investors group that landed an NHL franchise forthe city. The privatelh owned Blue Jackets, whose majority owner is Worthington Industries CEOJohn P.
haven’t disclosed details of the team’s finances. But mediza reports have put the team’s lease on Nationwidde Arena at morethan $3 million a year. Priest said the Blue Jackets gave up several revenue sourceas to help get thearena built, including 15 of the arena’s 52 luxury suites that were sold for 25 year s by Nationwide. The team gets revenue from the remaining luxury but receives no revenue from parkingf or arenanaming rights, he said. Priesyt was asked if the Blue Jackets wouldf consider leaving Columbus if the arensa issue isnot resolved.
“Ther very reason we are being so proactive,” he “is to avoid havinvg to deal with that question and I believe as a communituy we have the ability to find a Nationwide has participated in discussionson “public-private opportunities” for the Blue including a sale of the said Eric Hardgrove, a spokesman for the Columbus-basedf insurer. “We are not actively looking to sellthe arena,” he “It is one of the many options under considerationh to help ensure the Blue Jackets remain a strong, viable presence here for yearsw to come.
”
Thursday, June 16, 2011
First National enters agreement with OCC - Baltimore Business Journal:
http://oldnorth.com/schoolprograms/schedule/index.htm
The agreement is an outgrowth of an OCC examination of the Wintet Park lenderin January. It addresseas five areas of concern and requiresa to the bank to form a compliancse committee composed of members of its board of The bank is under ordersx to add procedures to monitor its commercial real estatewloan portfolio. It also must implement a plan to manage loans that are deemed weak and in jeopardyof deteriorating. • Establishmenyt of a program to ensure an adequate allowance for loan and lease losses. • Agreement not to accept brokered depositin exc.
ess of 10 percent of total depositsd without OCC permission • Development of a three-year plan of operations that incorporatess conditions of the agreement. First National Chairwomanj Susma Patel said in a writte n statement that the bank has taken steps she believes put it in compliancd withthe agreement. She said regulatory agencieds are tightening standards for lenders as theeconomy deteriorates. “The downtur n in real estate valuations in the Florida marke tis well-publicized and, as a result, regulatory agenciexs are expecting a higher standard of procedural monitoring of loansw secured by commercial real estate,” she said.
The agreement is an outgrowth of an OCC examination of the Wintet Park lenderin January. It addresseas five areas of concern and requiresa to the bank to form a compliancse committee composed of members of its board of The bank is under ordersx to add procedures to monitor its commercial real estatewloan portfolio. It also must implement a plan to manage loans that are deemed weak and in jeopardyof deteriorating. • Establishmenyt of a program to ensure an adequate allowance for loan and lease losses. • Agreement not to accept brokered depositin exc.
ess of 10 percent of total depositsd without OCC permission • Development of a three-year plan of operations that incorporatess conditions of the agreement. First National Chairwomanj Susma Patel said in a writte n statement that the bank has taken steps she believes put it in compliancd withthe agreement. She said regulatory agencieds are tightening standards for lenders as theeconomy deteriorates. “The downtur n in real estate valuations in the Florida marke tis well-publicized and, as a result, regulatory agenciexs are expecting a higher standard of procedural monitoring of loansw secured by commercial real estate,” she said.
Tuesday, June 14, 2011
Wall Street Journal honors Fiduciary, Artisan funds - The Business Journal of Milwaukee:
adepylex.blogspot.com
Fiduciary Management’s FMI Common Stockj fund (NASDAQ: FMIMIX) was named the best small-companu fund of 2008. The fund had a 20.4 percengt negative return in 2008, but outperformed its which averageda 33.4 percent drop. The Journa called the category-topping showing “a creditf to longtime manager Ted Kellner andhis team.” “Kellnefr likes to find companies with growing revenues and earnings, increasingy profitability and attractive returns on invested the Wall Street Journal said.
Artisan Funds’ International Value fund ARTKX) was selected as The Wall Street Journal’s best international The Journal said fund managers Davir Samra andDaniel O’Keefe “avoided the toxic financiak stocks in 2008, the main reaso they were able to post a 30 percentt loss when peers in the international multicap group dropped an averags of 43 percent.” last week named Samraq and O’Keefe its international managers of the year.
Fiduciary Management’s FMI Common Stockj fund (NASDAQ: FMIMIX) was named the best small-companu fund of 2008. The fund had a 20.4 percengt negative return in 2008, but outperformed its which averageda 33.4 percent drop. The Journa called the category-topping showing “a creditf to longtime manager Ted Kellner andhis team.” “Kellnefr likes to find companies with growing revenues and earnings, increasingy profitability and attractive returns on invested the Wall Street Journal said.
Artisan Funds’ International Value fund ARTKX) was selected as The Wall Street Journal’s best international The Journal said fund managers Davir Samra andDaniel O’Keefe “avoided the toxic financiak stocks in 2008, the main reaso they were able to post a 30 percentt loss when peers in the international multicap group dropped an averags of 43 percent.” last week named Samraq and O’Keefe its international managers of the year.
Sunday, June 12, 2011
Who's who in residential real estate - Business First of Buffalo:
ucojaje.wordpress.com
All homeowners know the tremendou s amount of time and effort that real estatd agents put intohome sales. Businese First is proud to highlight the more than 130 agentw who are at the top of their We sent letters to real estate branch offices in Western New York askiny the manager to give the forms to any agenf with morethan $3 million in sales and/otr 30 sides in 2006. Side is an industr y term referring toan agent's representation of a buyer and/oer seller in a real estate transaction. Sincd participation was voluntary, we included only the information providedf byeach agent.
We hope you enjou this personal look at the real estatse agents who represent the business of buying and selling Any questions, please contact Donna Collins or Jeff Wright at dcollins@bizjournals.com or jwright@bizjournals.com. . 6000 Sheridan Drive. NY 14221. Phone: E-mail: mabrams@realtyusa.com. Years in industry: 33. Volum e in 2006: $3,224,435. Sides in 2006: 30.30. Buffalo. Residence: Williamsville. Education: B.A., Universitu at Buffalo. Niche market: Western New Realty USA. 2427 Sheridan Drive, Tonawanda, NY 14150. 743-7161.
All homeowners know the tremendou s amount of time and effort that real estatd agents put intohome sales. Businese First is proud to highlight the more than 130 agentw who are at the top of their We sent letters to real estate branch offices in Western New York askiny the manager to give the forms to any agenf with morethan $3 million in sales and/otr 30 sides in 2006. Side is an industr y term referring toan agent's representation of a buyer and/oer seller in a real estate transaction. Sincd participation was voluntary, we included only the information providedf byeach agent.
We hope you enjou this personal look at the real estatse agents who represent the business of buying and selling Any questions, please contact Donna Collins or Jeff Wright at dcollins@bizjournals.com or jwright@bizjournals.com. . 6000 Sheridan Drive. NY 14221. Phone: E-mail: mabrams@realtyusa.com. Years in industry: 33. Volum e in 2006: $3,224,435. Sides in 2006: 30.30. Buffalo. Residence: Williamsville. Education: B.A., Universitu at Buffalo. Niche market: Western New Realty USA. 2427 Sheridan Drive, Tonawanda, NY 14150. 743-7161.
Thursday, June 9, 2011
Fisher, DISH Network settle broadcast dispute - Puget Sound Business Journal (Seattle):
pifogyxat.blogspot.com
(NASDAQ: DISH) and Fisher Inc. (NASDAQ: FSCI) said the multi-yeae agreement provides for the distribution of Fisher stationss in Seattle and six other markets on DISH Underthe deal, DISH customers can now watch ABC networ k programming on KOMO after a six-month hiatus. Term s of the deal were not released. Fisher said that as part of the agreementr both parties agreed to end The previous agreement between DISH and Fishe that allowed DISH subscribers to get ABC programsa and sports events from KOMOexpired Dec. 17. Aftefr negotiations broke down over how much DISH should pay Fisherfor programming, DISH dumpex Fisher stations in Portland and five other medias markets.
"We recognize the important role that we play in the communit y through our news and programming and we are pleased to renewe our partnership withDISH Network, which will allow us to continu e serving our local viewers and customers," said Colleem B. Brown, Fisher's President and Chief Executive "We truly appreciate the patience of our loyal viewersw and business partners and regret any inconvenience they may have encountered as we worked to put this new agreementin place." The Fishet stations that returned to DISH Network are: KOMO and KUNS in KATU and KUNP in Portland; KIMA in KVAL in Eugene, Ore.
; KBCI in Boise, Idaho; KIDK in Idahp Falls, Idaho; and KBAK and KBFX in Calif.
(NASDAQ: DISH) and Fisher Inc. (NASDAQ: FSCI) said the multi-yeae agreement provides for the distribution of Fisher stationss in Seattle and six other markets on DISH Underthe deal, DISH customers can now watch ABC networ k programming on KOMO after a six-month hiatus. Term s of the deal were not released. Fisher said that as part of the agreementr both parties agreed to end The previous agreement between DISH and Fishe that allowed DISH subscribers to get ABC programsa and sports events from KOMOexpired Dec. 17. Aftefr negotiations broke down over how much DISH should pay Fisherfor programming, DISH dumpex Fisher stations in Portland and five other medias markets.
"We recognize the important role that we play in the communit y through our news and programming and we are pleased to renewe our partnership withDISH Network, which will allow us to continu e serving our local viewers and customers," said Colleem B. Brown, Fisher's President and Chief Executive "We truly appreciate the patience of our loyal viewersw and business partners and regret any inconvenience they may have encountered as we worked to put this new agreementin place." The Fishet stations that returned to DISH Network are: KOMO and KUNS in KATU and KUNP in Portland; KIMA in KVAL in Eugene, Ore.
; KBCI in Boise, Idaho; KIDK in Idahp Falls, Idaho; and KBAK and KBFX in Calif.
Tuesday, June 7, 2011
PR: Go on the offensive: Managing tough news in tough times - Sacramento Business Journal:
paramonaxogilozi.blogspot.com
drops off Nasdaq. In a turbulent economy, ther e is no shortage of bad Experts say that in a timelike this, what may matterr most is the way in which that bad news is How management deals with the employees, clients and the community coulds impact how the business is viewed for years to Business leaders who hide in their offices, bury facts and let the rumo mill control the story will be viewedf with anger and distrust. But those who plan thei r messages carefully, and delivet it promptly and with candord to allrelevant parties, are more likelgy to be remembered as good corporat citizens.
“The spotlight will be on your company,” said Dan Moran, a businesse consultant and presidentof Next-Act, an Albany careef management firm. “You have one chance to get it right.” Many public relations professional advise clients to have a crisis communicatiob plan in place atall times. This way, basic guidelines are in plac when any sort ofbad news, from layoffs to a chemicaol spill, breaks. Additional preparation should take place once a bad newseventy occurs. The first step is to assesse the situation and thepossible fallout.
“I advise that you convener a groupof stakeholders,” said Pauline president of Waterford-based “You need someone from top human resources, the PR team ... the object is for everyonre to put their carde onthe table, face up, so you can identifty any gaps in information.” list every constituency, including clients, supplieras and the media, and crafy a message for each. Whilew these messages must be consistent, each audiencr has different needs. Employees will want to know abouttheid futures, while shareholders will be interested in the impact on the bottomm line.
Clients will want to know if service will be It isalso vital, PR experts say, to select just one person to speak for the company. “You don’t want 20 different versionds of things coming out so everyone lookwslike fools,” said Richard president of of Chappaqua in Westcheste County. Once the situation is the constituents identified, the messages and the spokesperson chosen, it is time to delivedr the news. “It comes down to threre phrases: Tell it all, tell it tell it yourself.” said Edward Parham, director of publiv relations forin Colonie. Ideally, the news shouled be shared with all partiesx at thesame time.
In the age of texting and Twittering, “news can travel at the speed of an saidMatthew Maguire, spokesman for in Albany. “You want to delive r your news before anyone else Bartel suggestsgiving “a few select a heads-up that news is coming. “Thatt way, the reporter has gotten the company line beforde a disgruntled employee picks upthe phone,” she When the news is delivered, it must be complete and with as many details as can be It is especially important that the CEO or other designatedf spokesperson be available and responsive.
“There is no such thing as not takin the call and having the paper the next day sayyou weren’y available,” said Dean CEO of Rueckert Advertising. “That is not And a good answer isnever ‘no comment.’ Back it up with the reasoh you can’t comment—confidentiality, legalities, what have you. You don’t want to look like you are dodgingb the question orhiding something.
” This candor extends to Moran said that when he works with companieas in bad-news situations, he institutes a “nok closed door for three days” rule on top
drops off Nasdaq. In a turbulent economy, ther e is no shortage of bad Experts say that in a timelike this, what may matterr most is the way in which that bad news is How management deals with the employees, clients and the community coulds impact how the business is viewed for years to Business leaders who hide in their offices, bury facts and let the rumo mill control the story will be viewedf with anger and distrust. But those who plan thei r messages carefully, and delivet it promptly and with candord to allrelevant parties, are more likelgy to be remembered as good corporat citizens.
“The spotlight will be on your company,” said Dan Moran, a businesse consultant and presidentof Next-Act, an Albany careef management firm. “You have one chance to get it right.” Many public relations professional advise clients to have a crisis communicatiob plan in place atall times. This way, basic guidelines are in plac when any sort ofbad news, from layoffs to a chemicaol spill, breaks. Additional preparation should take place once a bad newseventy occurs. The first step is to assesse the situation and thepossible fallout.
“I advise that you convener a groupof stakeholders,” said Pauline president of Waterford-based “You need someone from top human resources, the PR team ... the object is for everyonre to put their carde onthe table, face up, so you can identifty any gaps in information.” list every constituency, including clients, supplieras and the media, and crafy a message for each. Whilew these messages must be consistent, each audiencr has different needs. Employees will want to know abouttheid futures, while shareholders will be interested in the impact on the bottomm line.
Clients will want to know if service will be It isalso vital, PR experts say, to select just one person to speak for the company. “You don’t want 20 different versionds of things coming out so everyone lookwslike fools,” said Richard president of of Chappaqua in Westcheste County. Once the situation is the constituents identified, the messages and the spokesperson chosen, it is time to delivedr the news. “It comes down to threre phrases: Tell it all, tell it tell it yourself.” said Edward Parham, director of publiv relations forin Colonie. Ideally, the news shouled be shared with all partiesx at thesame time.
In the age of texting and Twittering, “news can travel at the speed of an saidMatthew Maguire, spokesman for in Albany. “You want to delive r your news before anyone else Bartel suggestsgiving “a few select a heads-up that news is coming. “Thatt way, the reporter has gotten the company line beforde a disgruntled employee picks upthe phone,” she When the news is delivered, it must be complete and with as many details as can be It is especially important that the CEO or other designatedf spokesperson be available and responsive.
“There is no such thing as not takin the call and having the paper the next day sayyou weren’y available,” said Dean CEO of Rueckert Advertising. “That is not And a good answer isnever ‘no comment.’ Back it up with the reasoh you can’t comment—confidentiality, legalities, what have you. You don’t want to look like you are dodgingb the question orhiding something.
” This candor extends to Moran said that when he works with companieas in bad-news situations, he institutes a “nok closed door for three days” rule on top
Sunday, June 5, 2011
10 minutes with ... John Paeglow III - The Business Review (Albany):
yvejodo.wordpress.com
What was the firsg job you ever had? Flipping hamburgers at , in high It taught me how successfulor ‘perceived successful’ peopld lived. I do qualify them as ‘perceiverd to be successful’ It was a nice life I saw on the othedr side ofthe bar. I thought it was somethinv I’d aspire toward. The ironic part is that I’ve belonged to a club now for 10 and I go maybe six timewsa year. How did you get into publishing?
Bryan who owned in Castleton, belonged to that country And he said to meone day, from one side of the bar to the ‘You know, if this journalism thing doesn’t work out, look me up, and I’ll teacb you how to make a I graduated in 1979 [with a journalism degree from ], and went to work for him. He put me throughy the school ofhard knocks, and it was wortuh the time. Tell me about your My wife has two I have two daughters and a son from apreviousw marriage, and we’ve had one child together. We go from ages 8 to 28—I’m sorry, 9 to 29, no, 9 to 27 It’s all odds this year: 9 to 27. They’re 9, 13, 15, 17, 19, and 27.
Did you want that big a family ? We’d keep having kids, if we weren’tg older. I have two brothers and a butI have, on one side, 28 So I grew up in a large What did your parents do for a living? My dad was a second-generatioj plumber. I was the first John Paeglo w not to be a For me, it was the whole thin g about getting dirty. He specialized in watefr lines. No matter what time of the yearit was, when they you had to fix them. He’d be out in the middle of a 10 feet belowground level, weldingv solder joints using lead products. I decidex not to do that. No dirt for me. We did work for our fathed when wehad to.
And our mom was the Your mother also workedfor you, correct? When I started, it was all handsa on deck. My mom was mainl a receptionist, bookkeeper, whatever I asked. She actually had two I fired her once. You fired your own mother? And lived to tell about it? I firer my own mother. She wanted to tell me how to runthe business—shw was used to telling me what to do. If you ask they’d say it was a parting of the It was, ‘I think maybe you shouldn’yt come to work next Monday.’ I had to hire her back I needed her. I fired my brothetr once, too, but he later came He’d work nights, I’d work days. He’d work Saturdays, I’dx work Sundays.
He’s now down in Virginia, doinf plumbing, of all things. It was for the At the time, it wasn’ right [to employ them], in either case. You’ver got to do what you’vwe go to do to make it. Do you own a Kindle?? I refuse to. Other employees here test-drive If the [book manufacturing] industry doesn’t change, then it will be a real We think it can bean asset. We have probably 50,000o titles archived here that have a life other than as a tactileebook product. It’s a very undefined opportunitytright now. The opportunity is coming, and everybody’sd trying to position themselves. How do we sell it? What do we charge??
What’s the vehicle for distribution?? How are we going to make money, while maintaining the structurre and sacrednessof publishing? Do you like to read?? My kids are splig right down the middle. Three read and the other three are all over the My wifereads constantly, a two-book-a-week kind of person. It’s odd for her to not be in the 100-15o books-a-year range. I’m the exacrt opposite. I read very slowly. It’s much more work to me. What’ s your greatest fear? Not seein g this business planto fruition. I used to thin k it was dying, but I almost did last I had open heart surgery at 52year old. We had a family realityu check there.
They did a five-way bypass [one arterty was completely blocked and two more werepartiallyy blocked]. The irony is that the father of the thirf baseman onmy son’s baseball team did the surgery. I hear there’a a company perk you’ll never use. Well, I’m a big fan. The companyu has season tickets to FenwayPark [home of the ]. We use them for my kids have even satin them. I’vew never sat in those seats—nor will I I refuse. I don’t want the abus of Red Sox fans.
What was the firsg job you ever had? Flipping hamburgers at , in high It taught me how successfulor ‘perceived successful’ peopld lived. I do qualify them as ‘perceiverd to be successful’ It was a nice life I saw on the othedr side ofthe bar. I thought it was somethinv I’d aspire toward. The ironic part is that I’ve belonged to a club now for 10 and I go maybe six timewsa year. How did you get into publishing?
Bryan who owned in Castleton, belonged to that country And he said to meone day, from one side of the bar to the ‘You know, if this journalism thing doesn’t work out, look me up, and I’ll teacb you how to make a I graduated in 1979 [with a journalism degree from ], and went to work for him. He put me throughy the school ofhard knocks, and it was wortuh the time. Tell me about your My wife has two I have two daughters and a son from apreviousw marriage, and we’ve had one child together. We go from ages 8 to 28—I’m sorry, 9 to 29, no, 9 to 27 It’s all odds this year: 9 to 27. They’re 9, 13, 15, 17, 19, and 27.
Did you want that big a family ? We’d keep having kids, if we weren’tg older. I have two brothers and a butI have, on one side, 28 So I grew up in a large What did your parents do for a living? My dad was a second-generatioj plumber. I was the first John Paeglo w not to be a For me, it was the whole thin g about getting dirty. He specialized in watefr lines. No matter what time of the yearit was, when they you had to fix them. He’d be out in the middle of a 10 feet belowground level, weldingv solder joints using lead products. I decidex not to do that. No dirt for me. We did work for our fathed when wehad to.
And our mom was the Your mother also workedfor you, correct? When I started, it was all handsa on deck. My mom was mainl a receptionist, bookkeeper, whatever I asked. She actually had two I fired her once. You fired your own mother? And lived to tell about it? I firer my own mother. She wanted to tell me how to runthe business—shw was used to telling me what to do. If you ask they’d say it was a parting of the It was, ‘I think maybe you shouldn’yt come to work next Monday.’ I had to hire her back I needed her. I fired my brothetr once, too, but he later came He’d work nights, I’d work days. He’d work Saturdays, I’dx work Sundays.
He’s now down in Virginia, doinf plumbing, of all things. It was for the At the time, it wasn’ right [to employ them], in either case. You’ver got to do what you’vwe go to do to make it. Do you own a Kindle?? I refuse to. Other employees here test-drive If the [book manufacturing] industry doesn’t change, then it will be a real We think it can bean asset. We have probably 50,000o titles archived here that have a life other than as a tactileebook product. It’s a very undefined opportunitytright now. The opportunity is coming, and everybody’sd trying to position themselves. How do we sell it? What do we charge??
What’s the vehicle for distribution?? How are we going to make money, while maintaining the structurre and sacrednessof publishing? Do you like to read?? My kids are splig right down the middle. Three read and the other three are all over the My wifereads constantly, a two-book-a-week kind of person. It’s odd for her to not be in the 100-15o books-a-year range. I’m the exacrt opposite. I read very slowly. It’s much more work to me. What’ s your greatest fear? Not seein g this business planto fruition. I used to thin k it was dying, but I almost did last I had open heart surgery at 52year old. We had a family realityu check there.
They did a five-way bypass [one arterty was completely blocked and two more werepartiallyy blocked]. The irony is that the father of the thirf baseman onmy son’s baseball team did the surgery. I hear there’a a company perk you’ll never use. Well, I’m a big fan. The companyu has season tickets to FenwayPark [home of the ]. We use them for my kids have even satin them. I’vew never sat in those seats—nor will I I refuse. I don’t want the abus of Red Sox fans.
Friday, June 3, 2011
UMKC
laxykeha.wordpress.com
The Bloch School’s Council for Entrepreneurship and Innovation and the Institut e for Entrepreneurship and Innovationannounced Blank, co-founder of , as the recipient in a releasew Thursday. Blank will be honored as the 24th-annualk Entrepreneur of the Year AwardsDinner Oct. 8 at the . Blanjk helped build The Home Depot (NYSE: HD) into the world’sd largest home improvement retaileer andthe second-largest retailer in the Unitedr States. He co-founded the company in 1978 and retirecdas co-chairman in 2001.
“By honorinv entrepreneurs and innovators likeArthur Blank, alongf with our regional and student entrepreneurs, we marry the legacy and futurr of entrepreneurship in Kansas City and around the world,” Lee Bolman, interi m dean at the Bloch School, said in the “The Institute for Entrepreneurship and Innovationn at Bloch plays an integral role in developinbg tomorrow’s entrepreneurs — people who will builxd new business, create and provide the growth and sustainability needexd for a successful future.
”
The Bloch School’s Council for Entrepreneurship and Innovation and the Institut e for Entrepreneurship and Innovationannounced Blank, co-founder of , as the recipient in a releasew Thursday. Blank will be honored as the 24th-annualk Entrepreneur of the Year AwardsDinner Oct. 8 at the . Blanjk helped build The Home Depot (NYSE: HD) into the world’sd largest home improvement retaileer andthe second-largest retailer in the Unitedr States. He co-founded the company in 1978 and retirecdas co-chairman in 2001.
“By honorinv entrepreneurs and innovators likeArthur Blank, alongf with our regional and student entrepreneurs, we marry the legacy and futurr of entrepreneurship in Kansas City and around the world,” Lee Bolman, interi m dean at the Bloch School, said in the “The Institute for Entrepreneurship and Innovationn at Bloch plays an integral role in developinbg tomorrow’s entrepreneurs — people who will builxd new business, create and provide the growth and sustainability needexd for a successful future.
”
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