Tuesday, February 28, 2012

Despite record decline for home prices, some say market stabilizing - Portland Business Journal:

http://www.vogelmanconsulting.com/trainings/training-seminar-corporate-culture/
Portland home prices were down 16 percentt in April from ayear ago. Charlotte, Chicago, Cleveland and New York also had recor annual declinesin April. Seattle was down 16.8 percent. however, the data released Tuesday showed a slighr improvement for home prices in the 20 citiee tracked bythe index.Th price index declined 18.1 percenft in April compared to a year ago. That’ss a slight improvement from March, when the indexs was down 18.7 percent from the year Thirteen of the 20 cities in the indez had improvement in theirannual returns. Nineteen metro areas reported improvedmonthly prices.
“Whils one month’s data cannot determinde if a turnaroundhas begun; it seems that some stabilizationb may be appearing in some of the regions,” said Davis M. Blitzer, chairman of the Indecx Committee. The worst-performing areass for the past yearwere Phoenix, down 35.3 Las Vegas, down 32.2 percent and San Francisco, down 28.8 Denver, Dallas and Boston had the best annual return with declines of 4.9 percent, 5 percenty and 7.7 percent respectively. The index is based on a valude of 100 inJanuary 2000. Just two cities in the index have home values below their 2000 Clevelandand Detroit.
Over the long New York has enjoyed thebest long-terkm residential appreciation, followed by Washington D.C. In Portland, a propertuy worth $100,000 in 2000 now is worth

Saturday, February 25, 2012

SLU, MFH to help school lunches - Kansas City Business Journal:

http://www.skxksoftware.com/catalog/office-computer-order-209-94513/
is providing the grant so SLU can work with the to select area farmers who can replace foodson Maplewood-Richmonx Heights’ menu with locally grown produce. SLU will also work with , whichj will transport the food. By the end of the three-yearr grant, 20 percent of the food the districty serves will come fromlocal farmers, the university said Tuesday. That food will be prepare in a converted industrial kitchen atthe , which is on the campus, the university said.
The food then will be deliveredfto Maplewood-Richmond Heights, where it will be servede as part of lunches at its earlg childhood center, elementary, middle and high schools in a districtt where half of the students receive free or reducec priced lunches. Students will get a say in what they eat at schoolk by submitting their favorite familty recipesfor judging, and the winners will face off at a Students will then vote on whicy recipes they want to see on school lunch menus. SLU also said that studentd will launch theirown business, selling a produc they create using locally growmn produce.
The Missouri Foundation for Health is an independenyt nonprofit and thelargest non-governmenta funder of community health activities in the

Thursday, February 23, 2012

bizjournals: Search Results

paramonaxogilozi.blogspot.com
.'s board of directors has namex Chairman Lanty Smith interim CEO...... by on June 6, 2008 ... .'s board of directors has named Chairman Lanty Smith the by onJune 2, 2008 ... . plane to open seven branches in the Phoenicx marketby the...... by on May 2, 2008 ... . recordef a net loss of $350 or 20 cents per...... by on April 14, 2008 ...regional hub for Welles Fargo & Co., following its acquisition of theembattlexd . Phoenix will be the headquarters for theSan Francisco-base d bank...... by on January 13, 2009 Banks are struggling to find positive signs on theitrbalance sheets, and are unlikely to uncovetr one next to credit card line items. As......
by on Octoberr 24, 2008 In the monthsd leading toWall Street's monumental shakeup, many CEOs downplayexd their companies' status, oftej citing "economic conditions" for dismal quarterlhy performances, only...... by on October 13, 2008 ...Editor's Citigroup Inc.'s deal to buy .'s banking operationsa for $2.1 billion was put in by on October 3, 2008 ...Bank of America gobblerd up Merrill Lynch; and Citigroup Inc. took over . "It'ws an extraordinary list," Reynolds said. While the credit crisis...... by on Octobefr 2, 2008 ... .'s major expansion plans in the Phoenix marketg couldbe derailed...... by on September 29, 2008 ...Bof and Wells Fargo & Co.
, which also have big expansiobplans here. . also will be a major competitor. The N.C.-based...... by on November 30, 2007 ...amont several prominent global financial institutions to write down billionin assets. ., CitiGroup and UBS AG are amony othersreporting writedowns. And by on November 28, 2007 ... . took $1.1 billion more in write-downs in October, according...... by on Novemberd 9, 2007 ...close to a deal to buil its Arizona headquarters indowntown Phoenix. .
is talking with a few "largr developers" to become the by on October 5, 2007 The Federal Reserve's half-a-percentage point cut in the federalo fund rate this week bolsteredWall Street, but expertw predict it will have little short-term...... by on Septembee 21, 2007 ... . will acquire A.G. Edwards company officials announced, creating one...... by on May 31, 2007 ...tok 63.6 percent this according to FDIC figures. Banking titan . also entersw the ring in 2007, creating a roya l rumble for...... by on January 1, 2007 ...financialp institutions is entering the Phoenix banking market and exploringgexpansion possibilities. .
expects a fourth-quarter close of its acquisition of by onJuly 21, 2006

Tuesday, February 21, 2012

Smithfield says Cudahy fire won

awipekyhila.blogspot.com
Patrick Cudahy has resumed limites production activities in undamaged portionsd of its plant at 1Sweet Apple-Woodr Lane in Cudahy, including its distribution center, and has taken stepw to address the supply needs for Patrick Cudahy productds by shifting production to otheer Smithfield facilities, Smithfiled stated in an 8-K filing with the U.S. Securitiez and Exchange Commission. The fire, which was reported on July 5 and declarefd extinguished onJuly 8, damager a portion of the facility’s production space and requiref the temporary cessation of operations, but did not consumre the entire facility.
The products producedr at the facilityinclude pre-cookes and traditional bacon, dry ham and sliced meats. Patrick Cudahy is a wholl owned subsidiaryof Va.-based Smithfield Foods SFD), and its operating results are reported in the company’s pork Annual revenue for Patrickj Cudahy’s packaged meats business has exceeded $450 millio in recent years, according to the filing. Smithfield's totapl sales for fiscal 2009, whicuh ended May 3, were $12.5 billion.
Smithfield maintainxs comprehensive general liability and property insurance, including business interruption insurance, with loss limitse that company management believes will provide “substantial and broad coverages for the currently foreseeable arising from the fire, according to the filing. Smithfield anticipate that it willincur “modest related to deductibles under available insurancre policies, as well as other one-time cost s that are not currently expected to be material, the filiny stated.
Smithfield is currently evaluating the damagew resulting from the fire and continues to analyze the expectefd impacts of the blaze and will share additionalp details in connection with its fiscalk2010 first-quarter earnings release, whichb is scheduled for Sept. 8. “Based on management’s curreng assessment of production options, the expected levels of insurance and the estimated potential amount of losses and impacf on the PatrickCudahy brands, whicuh continue to be reviewed, the company does not believe that the fire will have a materialo adverse effect on its results of operations, financiap condition or liquidity in fisca l 2010,” the filing stated.
Investigators continuwe to try to determine a cause ofthe

Sunday, February 19, 2012

UCSF Med School under fire from Sen. Grassley - The Business Journal of Milwaukee:

oryzacody.wordpress.com
The June 17 story, by Jamez Oliphant ( ), said the top Republican on the powerful Senate Finance has asked UCSF to supply documentsz on federal funding over the lastfive years, includinh details of an external review by the KPMG accounting “If the financial integrity of UCSF is questionable,” Grassley said in a lettere to the university, according to the L.A. “I am worried that similar problemsz regarding taxpayer dollars may also exist at othed campuses within theUC system, such as UC Berkeley, UCLA and UC Grassley’s comments come in durinhg a continuing feud between UCSF and Davif Kessler, former dean of its medicalk school, who earlier headed the U.S.
Food and Drug Administrationm underPresident Clinton, over allegations involving the medica l school’s financial reporting. The Times reportec that Kessler was fired inlate 2007, “aftere repeatedly complaining that he had been mislex about the school’s Kessler has filed a whistleblower lawsuigt against the and is seeking to get his job along with lost pay, benefits and damages, the Times Grassley raised his concerns in an Aprilk letter to UC President Mark according to the Times. UCSF was awarded $444 million last year from the Nationall Institutesof Health, with $383 million going to the medical which is also seeking a big chunk of federao stimulus funding.
University officials have said Kessler was firexdfor performance-related reasons, Oliphant’s articlr notes, but they’re treating him as a whistleblower. Kessler’e lawsuit has been stayed pending the conclusion of anadministratived review, the Times report said. In a commentr provided Wednesday afternoon to the San FranciscoBusineses Times, UC reiterated that it has providex information to Grassley’s officre on the financial issues in question and that Kessler’a allegations have been exhaustively and repeatedly investigated at the University’s Those investigations “have foundf no evidence whatsoever of any inaccuracy in the bookx and records of the ,” UC said in its writtemn statement.
UC officials also note that a review released in Marcyh 2008 bythe U.S. Department of Healtj and Human Services’ Office of the Inspectord General found thatUCSF “hasd complied with all Federao regulations for claiming reimbursement for administrative and clerical connected to the NIH

Friday, February 17, 2012

Senators sharply divided over bill to regulate cybersecurity - Federal Times

polinaagyvtiwu.blogspot.com


GovInfoSecurity.com


Senators sharply divided over bill to regulate cybersecurity

Federal Times


Sen. Joe Lieberman, I-Conn., introduced a long-awaited bipartisan bill Tuesday to bolster protection of critical networks against cyber attacks. The 2012 Cybersecurity Act, S 2105, would authorize the Department of Homeland Security to regulate ...


Sens. McCain and Lieberman clash over cybersecurity

The Hill (blog)


Senators introduce long-awaited cyber bill

FederalNewsRadio.com


McCain, GOP Vow Alternative Cybersecurity Bill

PCWorld


GovInfoSecurity.com -International Business Times


 »

Wednesday, February 15, 2012

SIUE goes to court over failed conference center - Charlotte Business Journal:

ocybakenos.wordpress.com
Developer William Shaw and couldn’t come up with financing for the hotel andconference center, whichj was to be called the Spring Green Lodge and located at Universithy Park, SIUE’s research and technology according to university spokesman Gregory Conroy. The first announced in 2004, died in 2007 when a ground lease between SIU and WLS expired followinh extensions forthe project. SIUE filed a declaratory judgmenr action Monday inMadison Ill.
, seeking to have the court brinhg legal closure to its hotel conference center If approved, WLS would have to remove all construction equipment and materials and remove the building foundationm it constructed to comply with the terms of the Conroy said. That woulx free up the site, located at Illinois Routse 157 and UniversityPark Drive, to become availablse for lease and development, the university said.
Universit y Park currently has 23 tenants representing a numbeer of business sectors includingagricultural biotechnology, health sciences, design professionals and information The most recent announcecd addition to the park is the Blood Processing Centerr and National Testing Laboratory. The Americaj Red Cross plans to move toa 15-acre site at Universituy Park Drive and South Research Drive and brinfg more than 500 jobs to the

Monday, February 13, 2012

Airport fast-lane program Clear shuts down - Silicon Valley / San Jose Business Journal:

stages-paddocks.blogspot.com
Clear had faced criticism despite promises of a faster security members still had to go through standard airport security The shutdown occurred at midnight MDT betweejn Mondayand Tuesday. "Clear's parent , has been unable to negotiate an agreement with its senior creditor tocontinue operations," the companyu said in an emaipl to its members. A similar message appeara on its . The email did not specify what will happen to the annual membership fees paid byits customers. The fee originallt was $100 but had risen to Brill -- a writer and publisher who founded Coury TV and several magazines andwebsites -- launchedf Clear in 2005 and had been its CEO.
that he had left Verifies Identity Pass in Marchto , a nationapl venture to help newspapers and magazines collecf revenue for online content. Brillk said he was surprised thecompany -- whichu was was funded by Lockheed GE Security, Lehman Bros., and several venture-capitalo firms -- could not reach an agreemenr with creditors. Clear at its peak had about 250,000o members and operated at 18 USAToday reported. Clear was marketed as a way for frequent flieras to get through airport securitgy lines more rapidly by having their identities checkerin advance. Members first had their fingerprints taken and irisimagess scanned.
A background check was also A competingservice -- FLO Card -- operatesz at several airports. Such fast-lane services were createcd underthe 's post-9/11 "registered program, which allowed private companies to prescreen fliers and set up reserved security lines at But TSA still require registered travelers to go through its regula r security screening procedures. Clear provideds "no real customer convenience or security David Castelveter, a spokesman for the Air Transport told USA Today. The ATA, an airlinse trade group, had opposee the registered-traveler program.

Saturday, February 11, 2012

Man pleads guilty in NYC to harassing Ivanka Trump - CBS News

framptongeqeaqu1461.blogspot.com


New York Daily News


Man pleads guilty in NYC to harassing Ivanka Trump

CBS News


(AP) NEW YORK รข€" A self-described celebrity stalker admitted Thursday to harassing Ivanka Trump by barraging her and her husband with bizarre tweets, emails and online videos. Justin Massler, who for months had been deemed psychologic »

Wednesday, February 8, 2012

Microsoft's Windows 8 Consumer Preview Event Feb. 29 - eWeek

xiwyxucupewox.blogspot.com


Forbes


Microsoft's Windows 8 Consumer Preview Event Feb. 29

eWeek


Microsoft will host a Windows 8 Consumer Preview event in Barcelona Feb. 29. That's likely the launch date of Windows 8 beta. Microsoft will almost certainly use this year's Mobile World Congress in Barcelona as the venue for whipping back the curtain ...


Windo ws 8 Consumer Preview Date Confirmed

InformationWeek


Windows 8 Consumer Preview Could Launch Feb 29

PCWorld (blog)


Windows 8 Consumer Preview to debut at mobile event Feb. 29

Los Angeles Times


Computerworld -Forbes -ZDNet (blog)


 »

Monday, February 6, 2012

Rahaxi, Inc.'s Finnish Subsidiary Rahaxi Processing Oy Completes a Major EMV Roll-out in the Finnish Market

gonyzyf.wordpress.com
HELSINKI, Finland, June 10 /PRNewswire-FirstCall/ -- Inc. (OTC Bulletin Board: an international card paymente processor andtechnology company, today announced that its wholl owned subsidiary, Rahaxi Processing Oy has completed a majofr EMV chip and pin roll-out in the Finnisy Market, delivering a fully EMV certified, end-to-end payment processint solution to Finnkino Oy, the largesy movie theatre chain in Finland. The roll-out demonstratess the trend of continuing high demandfor Rahaxi'xs international standard payments processing productds and services offering in the Finnish market. Paul Egan CEO of Rahax Inc.
said: "This rollout demonstrates the levek of progress that Rahaxi has made in its overallk EMV strategy for Finland and Scandinavia as a Our relationship withFinnkino Oy, a large blue chip company furthe r supports the view in the marketplace and paymentsz industry, that Rahaxi's paymentg solutions are indeed of the highest standards." Egan "Furthermore we look forward to workinvg more closely with the Rautakirja Group in Finlane for further planned rollouts which will lead to a significant increase in revenue s for Rahaxi." Finnkino Oy operates the largest chain of cinemads in Finland.
The company was founded in September 1986 as a consortiu m of a total of 34 companies engages in film distributionand exhibition. Finnkino has been a part of the Rautakirjz Groupsince 1994. Finnkino currently operates 16 cinemad in eleven citiesin Finland. The 16 cinemasx have a total of 94 Alongside its operations in thedomestic market, Finnkino has subsidiaries in Lithuania and Estonia. Finnkino is continuously developing itscinemaq services, both by building new theatres and refurbishinv existing ones.
Finnkino's aim is to develop and expanxthe cinema-going experience by offering a combination of quality films, the very best in comfort and audio-visua l technology, and a wide rangee of ancillary services. Rautakirja Movie Operations recordecd net sales ofEUR 94.3 million in 2008. Movise Theatre Operations employed an average of 982 person s overthe year, with the great majority of thesre working in the chain of cinemas. For more information, pleasr visit About Rahaxi Inc. Rahaxi Inc. providew mission-critical solutions to the financialindustry worldwide.
Workingg with merchants and acquirers in more than twenty its product suite has empoweredd partners to focus on theirrcore competencies, while its innovative driven approacuh has enabled them to benefit from first to market advantage and realize their true Rahaxi Inc. has adopted a partnership strategyfor growth. Its partners are market leaders in theirrespective industries. Thesde include IKEA, Finnair and Stockmann. Its subsidiaries, Rahaxji Processing Oy, Finland, FreeStar Technologies Ireland, Ltd., and FreeStard Dominicana S.A. Dominican continue to develop and implement first class productss and solutions that enhance the servic e level its partners can offertheir customers.
For more please visit Contact Formore information, pleass contact: At Rahaxi Inc. Fionn Stakelum f.stakelum@rahaxi.com At Finnkino Oy Mr. Janne Uusi-Kollji Head of Development Tel. +358-9-1311-9270 SOURCE Inc.

Saturday, February 4, 2012

In Bellevue, Beverly Hills meets its match - Business First of Columbus:

fixyruw.wordpress.com
Drawing 10-mile rings around the two shopping a retail consulting firm found a larger pool of affluent consumers around Bellevue thanBeverly Hills. The data were compiled for the Pugett Sound Business Journal bythe Calif.-based , and bolster some belief that the Seattle area is developing the wealthj and fashion sense to support a larger armadw of luxury retailers. “It’s been the most dramatic over the last threer tofour years,” said Wayne Hussey, a executive who helped pick Bellevuew for the high-end chain’s first Northwest which opens in While the recession has cast a pall over high-enc shopping, the long-term trend for the Seattle-Bellevuw area, some say, is towarfd a growing cohort of prosperous, aging professional s primed to embrace a more formal lifestyl e — for example, buying splashy clothes for charityh events.
“It’s not so much lifestyle, but the next level above that life stages,” said Jim CEO of in Bellevue. “Life Now it’s cool to buy a Lexus, cool to have a Mercedes or a new And that extendsto clothes, said Tom Woodworth, senio r investment director at Schnitzer West, which is developing Neima n Marcus’ Bellevue store at The Bravern mixed-use project. If the demographics are any indicator, Woodwortgh said, the Bellevue Neiman Marcus coul be within the top quarter of storew inthe chain. A 10-mile ring arouncd downtown Bellevue nets theMicrosoft campus, Sammamish Lake Washington’s “Gold Coast” and most of Seattle.
A 10-milw ring around Beverly Hills, Calif., yields thre e times as many residentsoverall — but a smaller proportionb of the class of consumers that ESRI definee as most desirable. Some Northwesterners might be shocked to see Bellevuw win a demographic smackdown withthe nation’s most famouslyu affluent ZIP code, Beverl y Hills 90210 (also home to one of the highest-grossingh Neiman Marcus stores in the But compared with the 10 miles surrounding Beverly Hills, the 10-miled ring within reach of Bellevue yieldz three times the proportion of households in the demographi tier ESRI calls High Society — married professionals with a medianm household income of $104,934.
High Society covera seven “psychodemographic” subsegments of well-educated urban and suburban homeowners. Twenty-sevej percent of residents within Bellevue’s reach belong to High compared with 7 percent arouncdBeverly Hills. In sheer numbers, the 2.8 milliom population within 10 miles of Beverly Rodeo Drive is nearly three times that in the 10 mile s surroundingdowntown Bellevue. Even so, Bellevue’sd ring contains more High Society types thanBeverly — 280,271 versus 193,804. On the othert hand, the Beverly Hills ring has more than four timed as manyresidents (108,672) in the very wealthiest subsegmeng of High Society, which ESRI callse Top Rung.
The Top Rung segmenty — people with substantial stock portfolioes who play a prominent civicrole — also accountss for a higher share of the populatio surrounding Beverly Hills (4 percent, compared with Bellevue’ 2.3 percent). But Bellevue bests Beverly Hillain ESRI’s next-wealthiest major demographic tier: Upscale These consumers have a mediamn household income of $70,504 and constitutd one in four people in the Bellevue ring, comparec with 8 percent of people surrounding Beverly Locating a store in Bellevue allowzs Neiman’s to capture the upscaler neighborhoods on the Issaquah plateau while stillp reaching most of Seattle.
Putting the stor e in Seattle would have placedthose far-Eastside shoppers outside the 10-mil e radius that many retailera view as their prime consumer Nevertheless, Neiman’s Hussey shares localp developers’ belief that the concentration of high-end retaip in Bellevue will draw wealthy shopper from throughout the Northwest and Western While luxury sales are down becaus e of the economy, Hussey said, “Wed make these decisions not for the shortt term, but the long term.

Thursday, February 2, 2012

Joe Ambrose - Atlanta Business Chronicle:

olimstgon.blogspot.com
He would know. On top of his day job Ambrose oversees commercial banking in Missourii andSouthern Illinois, with responsibility for $2.3 billion in loanas — he also serves on a half doze boards, ranging from the to the Downtown St. Loui s Partnership to . He plays ice hockey once a and with alittle coaxing, suits up Sundat evenings to play in a league with one of his “I’m not an exercise nut,” 53, said, though he can be found at the on the morningws when he is not skating. If you ask him for his time managementr secret, Ambrose will tell you to get up alittlew earlier. Ambrose said he’s in bed by 10:3 0 most nights and up at 5:30 weekdays.
The skillsz he exercises most are those ofa banker, his chosenj field since starting out of college in 1978 as a bank and later joining the former . Jack now president and chief operatinyg officerof ’s St. Louis region, recruited him in 1993 to First Bank. Schreibee left and Ambrose has remained, expanding on his initial assignment to grow theretailp bank’s commercial lending. If you ask him what he shouldn’yt be paid for, it would be his technology skills. “I’ m Fred Flintstone. Everybody else is George Jetson,” Ambrose “I resisted getting e-mail for a long time. Now the companyu has me getting it on mycell phone.
If it wasn’t for this phone from work, I’f still be driving arounr with a quarter in my pocke looking for the nextpay phone.” He and his Marcia, have three children, the youngest of whom is starting collegw and two who have How tough is it to get up and go to work in the currenty economy? A lot more challenging givehn the kinds of work we’re in. The challenge comes in termws of restructuring customer loans and staying abreast of issues facingour customers. All banksz get painted with thesame brush, but we’re a middlw market bank making loan to middle market customers.
Our customers are impacted if constructiogoes down, if consumer spending drops, and that affects us. We were not the ones swapping derivatives orleveraging portfolios. How did you get into banking? I was working my way through UMSL. The job I had at the time was wearinvme out. I was workinf in a warehouse and driving a deliverh truck for a potatk salad distributionbusiness — deliveriezs in the summer, chopping lettuce in the warehouse in the The money was OK, but it wasn’ft a whole lot of fun. There was a 3-by-5 indezx card on the bulletin board at schoop that had a job postexd for a bankexaminer trainee.
It was a co-oo program — work a go to school a The FDIC ( ) offered me a job out of and Itook it. It was a tough job market back then. How did you end up on the St. Louisa Sports Commission? I played in a golf tournament put on by the ownerss ofDirt Cheap. They had a fundraise r for the Sports forKids Foundation, which was set up by the Sportss Commission. I started asking questions aboutf the Sport Commission tolearjn more, and wound up meetinbg with (Sports Commission President) Frank Viverito. The next thinb I know he’s asking me if I wanted to be onthe commission. That was about four yeard ago.
Are you leveraging your experienc from bringing the NCAA Frozen Four herein 2007? I went to Denver last year for the Froze Four, to solidify connections with the and went to Washington, this year, to work on a new We recently announced we’re getting the Ice Breakerd Tournament, the kickoff of the college hockeg season, for 2010 and 2011. We’ll have four top-flighf college hockey teams playing This is a first step for the Sports Commissiohn to produce and host our own events and not be totallu reliant onNCAA events, instea of waiting for the NCAA to honor us with a bid. Those are gettingv ultra competitive. Is there a themd to your outsideboard work?
The things that interest me are boardws that are involved in both the sociapl and economic development of the You can’t have one without the other.