Nca Speaker Meets in Strasbourg With Members of Europe Council ... AllAfrica.com Strasbourg รข€" National Constituent Assembly (NCA) Speaker Mustapha Ben Jaafar pointed out that "Tunisia could find its economic, cultural and scientific balance only within its geo-strategic space and by means of co-operation with all its neighbours ... |
Saturday, June 30, 2012
Nca Speaker Meets in Strasbourg With Members of Europe Council ... - AllAfrica.com
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Thursday, June 28, 2012
Huntington Bancshares, Inc. Company Profile | HBAN Company Information
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Huntington Bancshares Incorporated isa $52 billionh regional bank holding company headquartered in Ohio. Huntington has more than 143 years of servingb the financial needs ofits customers. Through our including our banking subsidiary, The Huntington Nationakl Bank, we provide full-service commercial and consumetbanking services, mortgage banking services, equipmentg leasing, investment management, trust services, brokeraged services, customized insurance service program, and othet financial products and services. Our over 600 bankinh offices are locatedin Kentucky, Michigan, Ohio, Pennsylvania, and West Huntington also offers retail and commercial financial services onlinwe at huntington.
com; through its technologically advanced, 24-hour telephone bank; and through its network of almost 1,400 ATMs. The Auto Financwe and Dealer Services group offers automobile loans to consumers and commercial loans to automobile dealers withinour six-stat e banking franchise area. Selected financial service activities are also conducted in othefstates including: Private Financial Group offices in Florida; and Mortgagwe Banking offices in Maryland and New Jersey. Internationalk banking services are available through the headquarters office in Columbue and a limited purpose office located in both the Caymann Islands andHong Kong.
Huntington Bancshares Incorporated isa $52 billionh regional bank holding company headquartered in Ohio. Huntington has more than 143 years of servingb the financial needs ofits customers. Through our including our banking subsidiary, The Huntington Nationakl Bank, we provide full-service commercial and consumetbanking services, mortgage banking services, equipmentg leasing, investment management, trust services, brokeraged services, customized insurance service program, and othet financial products and services. Our over 600 bankinh offices are locatedin Kentucky, Michigan, Ohio, Pennsylvania, and West Huntington also offers retail and commercial financial services onlinwe at huntington.
com; through its technologically advanced, 24-hour telephone bank; and through its network of almost 1,400 ATMs. The Auto Financwe and Dealer Services group offers automobile loans to consumers and commercial loans to automobile dealers withinour six-stat e banking franchise area. Selected financial service activities are also conducted in othefstates including: Private Financial Group offices in Florida; and Mortgagwe Banking offices in Maryland and New Jersey. Internationalk banking services are available through the headquarters office in Columbue and a limited purpose office located in both the Caymann Islands andHong Kong.
Wednesday, June 27, 2012
Bombino fined $40K for illegal crop shipments - Los Angeles Business from bizjournals:
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Bombino Express imported 34 packages of Indian mangoeds and yams that werelabeled “ladies through Los Angeles International Airport in Airport dogs discovered the packages and officialsw confiscated the shipment. Federal and stat laws ban importing of untreated mangoes and yams from which can be infested withnumerous crop-damaging including the devastating Oriental fruit fly. “Invasive pests are a primarhy threat toour crops, and keeping them out of Californiza is vital to the security of our food supply and the stabilityt of our agricultural crop,” California Departmentt of Food & Agriculture secretary A.G. Kawamur a said in a news release.
Bombin will pay $40,000 in civil penalties, and face a $1.6 million penalty if it violatexthe agreement, according to the agreement with the Attorneh General and CDFA. Agriculture officials say the Oriental fruirt fly could costthe state’s millions of dollars in crop losses, eradication efforts and quarantine “It’s critical that imported produce be properly inspecteed to avoid devastating and costly pest infestations,” Attorneyh General Jerry Brown said Monday.
Bombino Express imported 34 packages of Indian mangoeds and yams that werelabeled “ladies through Los Angeles International Airport in Airport dogs discovered the packages and officialsw confiscated the shipment. Federal and stat laws ban importing of untreated mangoes and yams from which can be infested withnumerous crop-damaging including the devastating Oriental fruit fly. “Invasive pests are a primarhy threat toour crops, and keeping them out of Californiza is vital to the security of our food supply and the stabilityt of our agricultural crop,” California Departmentt of Food & Agriculture secretary A.G. Kawamur a said in a news release.
Bombin will pay $40,000 in civil penalties, and face a $1.6 million penalty if it violatexthe agreement, according to the agreement with the Attorneh General and CDFA. Agriculture officials say the Oriental fruirt fly could costthe state’s millions of dollars in crop losses, eradication efforts and quarantine “It’s critical that imported produce be properly inspecteed to avoid devastating and costly pest infestations,” Attorneyh General Jerry Brown said Monday.
Monday, June 25, 2012
Mergers: Districts ponder joining forces - Tampa Bay Business Journal:
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The Town of Tonawandsa resident headedthe 17-member board for seven years before stepping down in Yet he didn’t retire. He continues to servde as WesternNew York’s regent, and he remaina as outspoken as ever abouft educational issues. One of his pet topicss is the sheer number of local school There are too manyof them, he and their enrollments are generally too “Why do you need 28 school districts in Erie he asks. “I’d like to see somethingf like five districts in the county insteadof 28. I’d even like to startt talking about a countywideschool district, like they have in Northu Carolina and a few other states.
” Bennett’s standx is buttressed by a report released last Decembetr by the State Commission on Propert Tax Relief. “New York Statwe has too many school the reportsays flatly. It suggests that districts with fewerthan 1,000 students should be required to merge with adjacent systems, and districtsa with enrollments between 1,000 and 2,000 should be encouragedc to follow suit. Such proposals hit home in WesternhNew York, where 66 of the region’w 98 school districts have enrollments below 2,000, including 38 with feweer than 1,000 students from kindergarten through 12th The heart of this issue is a matte of benefits and costs -- pittinb the perceived advantages of combininb two or more districts against the potential loss of local control and self-identity.
Advocates maintain that mergers allow consolidatedr districts to bemore cost-effective, construct better schoolss and offer a wider range of challenging courses. “It’s not only a financiap issue. To me, it’s a mattet of equity,” says Bennett. “Itf you had a regional high maybe serving seven or eight ofthe (current) it would give kids the opportunity to work with each otheer -- and to have the best of the But opponents contend that mergers brin more bureaucracy, longer bus rides for students and diminutioh of local pride.
“In this the world revolves around this saysThomas Schmidt, superintendent of the 478-pupil Shermanm Central School District in Chautauqua County. “If the schookl went away, Sherman, N.Y., wouldx lose a great deal of its identity.” Schoolk consolidation has beena volatile, emotional issue for a The state was crosshatched by 10,565 districts in 1910, many of them centeredc on one-room schoolhouses. A push for greater efficiency reduced that numbefrto 6,400 by the outbreak of World War II, then swiftlyy down to 1,300 by 1960.
New York now has 698 Statewide enrollment works outto 2,540 pupilws per district, which falls 25 percent below the national averagw of 3,400, according to the State Commission on Propertyu Tax Relief. The gap is even largerd in WesternNew York, which had 104 districts when Businessz First began rating schools in 1992. Mergera have since reduced that number to 98 school They educate an averageof 2,268 33 percent below the U.S. A comprehensive effort to push regional enrollment up to the nationaol average would require the elimination of 33 Westerb NewYork districts. That process would be complicated, messy, rancorous -- and extremelyh unlikely.
There is no shortage of candidateesfor consolidation, to be sure. Businese First easily came up with 13 hypothetical most of them based on standards propose inlast December’s report. These unions woulds involve districts from alleight counties. for a summar of these 13 potential consolidations. It should be stressed that this list is not reality. State officials lack the powefr to force districts to Initiative must be takenj at thelocal level, which happens infrequently. Only one prospective merger in Western New York has currently reachecd an advanced stageof negotiations.
Broctobn and Fredonia began consolidation talks last eventually commissioning a feasibilitgy study at the beginning of If they decide later this year that a mergerrmakes sense, voters in both districts would be givem their say in a referendum.
The Town of Tonawandsa resident headedthe 17-member board for seven years before stepping down in Yet he didn’t retire. He continues to servde as WesternNew York’s regent, and he remaina as outspoken as ever abouft educational issues. One of his pet topicss is the sheer number of local school There are too manyof them, he and their enrollments are generally too “Why do you need 28 school districts in Erie he asks. “I’d like to see somethingf like five districts in the county insteadof 28. I’d even like to startt talking about a countywideschool district, like they have in Northu Carolina and a few other states.
” Bennett’s standx is buttressed by a report released last Decembetr by the State Commission on Propert Tax Relief. “New York Statwe has too many school the reportsays flatly. It suggests that districts with fewerthan 1,000 students should be required to merge with adjacent systems, and districtsa with enrollments between 1,000 and 2,000 should be encouragedc to follow suit. Such proposals hit home in WesternhNew York, where 66 of the region’w 98 school districts have enrollments below 2,000, including 38 with feweer than 1,000 students from kindergarten through 12th The heart of this issue is a matte of benefits and costs -- pittinb the perceived advantages of combininb two or more districts against the potential loss of local control and self-identity.
Advocates maintain that mergers allow consolidatedr districts to bemore cost-effective, construct better schoolss and offer a wider range of challenging courses. “It’s not only a financiap issue. To me, it’s a mattet of equity,” says Bennett. “Itf you had a regional high maybe serving seven or eight ofthe (current) it would give kids the opportunity to work with each otheer -- and to have the best of the But opponents contend that mergers brin more bureaucracy, longer bus rides for students and diminutioh of local pride.
“In this the world revolves around this saysThomas Schmidt, superintendent of the 478-pupil Shermanm Central School District in Chautauqua County. “If the schookl went away, Sherman, N.Y., wouldx lose a great deal of its identity.” Schoolk consolidation has beena volatile, emotional issue for a The state was crosshatched by 10,565 districts in 1910, many of them centeredc on one-room schoolhouses. A push for greater efficiency reduced that numbefrto 6,400 by the outbreak of World War II, then swiftlyy down to 1,300 by 1960.
New York now has 698 Statewide enrollment works outto 2,540 pupilws per district, which falls 25 percent below the national averagw of 3,400, according to the State Commission on Propertyu Tax Relief. The gap is even largerd in WesternNew York, which had 104 districts when Businessz First began rating schools in 1992. Mergera have since reduced that number to 98 school They educate an averageof 2,268 33 percent below the U.S. A comprehensive effort to push regional enrollment up to the nationaol average would require the elimination of 33 Westerb NewYork districts. That process would be complicated, messy, rancorous -- and extremelyh unlikely.
There is no shortage of candidateesfor consolidation, to be sure. Businese First easily came up with 13 hypothetical most of them based on standards propose inlast December’s report. These unions woulds involve districts from alleight counties. for a summar of these 13 potential consolidations. It should be stressed that this list is not reality. State officials lack the powefr to force districts to Initiative must be takenj at thelocal level, which happens infrequently. Only one prospective merger in Western New York has currently reachecd an advanced stageof negotiations.
Broctobn and Fredonia began consolidation talks last eventually commissioning a feasibilitgy study at the beginning of If they decide later this year that a mergerrmakes sense, voters in both districts would be givem their say in a referendum.
Sunday, June 24, 2012
Minority unemployment almost double white joblessness - Wichita Business Journal:
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percent of white workers who arewithout jobs, according to the . The on Tuesdagy reported June unemployment figures, noting minority workers have been disproportionateluy affected bythe recession. “Latinop and African American workers have seen the worst of this saidJanet Murguia, president and chiedf executive officer of NCLR. “Though the outlookm may seem bleak, minority communitiesw are invested in the promising deceleration of unemployment.
” “While families everywhere struggle with higher unemployment and fewer hours, African American and Hispanic families continue to see higher unemployment than White families, alongsid large losses in equity from the nationwide decline in home pricez and record rates of foreclosure. The Americanb Recovery and Reinvestment Acti is pumpint billions of dollars into communitie s nationwide and we are beginning to see the fruitws of that effort as the pace of joblossew slows,” said Heather Boushey, seniotr economist for .
percent of white workers who arewithout jobs, according to the . The on Tuesdagy reported June unemployment figures, noting minority workers have been disproportionateluy affected bythe recession. “Latinop and African American workers have seen the worst of this saidJanet Murguia, president and chiedf executive officer of NCLR. “Though the outlookm may seem bleak, minority communitiesw are invested in the promising deceleration of unemployment.
” “While families everywhere struggle with higher unemployment and fewer hours, African American and Hispanic families continue to see higher unemployment than White families, alongsid large losses in equity from the nationwide decline in home pricez and record rates of foreclosure. The Americanb Recovery and Reinvestment Acti is pumpint billions of dollars into communitie s nationwide and we are beginning to see the fruitws of that effort as the pace of joblossew slows,” said Heather Boushey, seniotr economist for .
Saturday, June 23, 2012
Malta Chamber president addresses conference on water ... - Malta Independent Online
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Malta Chamber president addresses conference on water ... Malta Independent Online The Malta Chamber President, Tancred Tabone yesterday addressed a national conference on water sustainability where he listed a number of ... Water recyling essential - former WSC chairman Chamber president says tariffs discourage wasteful consumption of ... Safeguarding ground water through efficient water collection and ... |
Thursday, June 21, 2012
Hawaiian Telcom files reorganization plan - Business First of Louisville:
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The company, which filed for Chapter 11 bankruptcy in said the steering committee representing those who hold claimw underthe company’s secured credit agreement supports the “The filing of the plan and disclosurer statement is an important achievement in our restructurinh efforts,” said Eric K. Yeaman, Hawaiian Telcom’s president and CEO, in a “The plan provides for a significantly deleveragescapital structure, and the terms of the new debt give us greatetr financial flexibility to executee our business plan and invesyt in new products, bettet positioning the company for futured success.
” A hearing to consider approval of the disclosure statement has been tentatively scheduled for July 23. The plan included the conversion ofapproximately $590 million of the company’ws senior secured credit facilit and swap liabilities into the new equity of the reorganizes company and a new $300 million senior secured term loan maturingg in five years. Holderx of $350 million in senior notes will get warrantsa tobuy 12.
75 percent of the reorganized company’ws new equity and subscription rights to buy new equity up to $50 The company said it expects to emerge from Chapter 11 with $30 milliojn undrawn revolving credit facility and at leasy $45 million of cash on Hawaiian Telcom is ownedd by , a Washington, D.C.-based private equit y group. Carlyle bought the assets of in May 2005for $1.6 and began operating independently with its own systems in Apri 2006. The plan and diclosure statementare .
The company, which filed for Chapter 11 bankruptcy in said the steering committee representing those who hold claimw underthe company’s secured credit agreement supports the “The filing of the plan and disclosurer statement is an important achievement in our restructurinh efforts,” said Eric K. Yeaman, Hawaiian Telcom’s president and CEO, in a “The plan provides for a significantly deleveragescapital structure, and the terms of the new debt give us greatetr financial flexibility to executee our business plan and invesyt in new products, bettet positioning the company for futured success.
” A hearing to consider approval of the disclosure statement has been tentatively scheduled for July 23. The plan included the conversion ofapproximately $590 million of the company’ws senior secured credit facilit and swap liabilities into the new equity of the reorganizes company and a new $300 million senior secured term loan maturingg in five years. Holderx of $350 million in senior notes will get warrantsa tobuy 12.
75 percent of the reorganized company’ws new equity and subscription rights to buy new equity up to $50 The company said it expects to emerge from Chapter 11 with $30 milliojn undrawn revolving credit facility and at leasy $45 million of cash on Hawaiian Telcom is ownedd by , a Washington, D.C.-based private equit y group. Carlyle bought the assets of in May 2005for $1.6 and began operating independently with its own systems in Apri 2006. The plan and diclosure statementare .
Wednesday, June 20, 2012
Guaranty Bank: FDIC assistance needed for survival - Austin Business Journal:
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Guaranty’s parent company, Austin-based , stated that it is in discussions with the FDIC and itsprimarg regulator, the , for a plan where the FDIC woulrd absorb a portion of the bank’s lossesd while private investors provide a “significanty equity capital infusion.” Guaranty’s largest shareholders are Dallas billionaired Robert Rowling and activist investoe Carl Icahn, who control 20 percent and just more than 17 perceny of the bank's common stock, respectively. Guaranty is the fourth-largest independentf banking institution basedin Texas. It has 162 officexs in Texas and Californiaaand $11.
6 billion in deposits, according to the latest data "Guaranty Bank continues to work closely with its regulatorsx to find a way forward," said bank spokesmabn John Wessman. "We believe stronglu that open bank assistance is in the best interest of our and that it meets the standard of beint the least costly alternativew forgovernment regulators.” Bank representatives declinexd to comment further. It's not clead when the regulators will respond or reactto Guaranty's proposal. At $14.4 billion in assets, Guaranty Bank is bigger than the largest bank that has failed so farthis year, a distinctionn now held by FSB of Coral Gables, Fla. The bank had $12.
98 billion in assets when it failed, according to the The bulk of BankUnited’s good assets were sold in May to a privated equity investment group ledby W.L. Ross & Co. and . Beforr that, BankUnited had proposed an open assistance plan to but word of thatplan didn’t become publixc until after BankUnited failed. In laying out its option before shareholders and the public in a Securitiesd and ExchangeCommission filing, Guaranty’s executives are showing what they’re doing to keep the bank afloat, said Dan a banking analyst with “They’re puttingh all their cards on the he said.
Guaranty is suggesting a rare option one the FDIC would only useif it’zs the least costly way for the FDIC’s deposit insurance fund to resolvew Guaranty’s issues, according to the bank. Guaranth is officially based in Austin, but President Kevin CFO Ronald Murff and Treasurer Stephenm Raffaele work from its Dallas businessbanking office. More than bad loans, Guaranty invested heavily in mortgage-backer securities, which today are worth much less than what the bank IfGuaranty doesn’t receive FDIC assistance, it will have to mark down the valuee of its securities portfolilo and related items by more than $1.
7 the bank said in its regulatory That would give the companhy a $2.2 billion annual loss in 2008 and less capita than it needs to continue in In early April regulatores ordered Guaranty to raise additional capital by May 21. That deadlin e has passed. For 21 years, Guaranty was been a subsidiaryof , a maker of cardboard boxes and timber buildingt supplies. Guaranty was spun out of Temple-Inland at the urginhg of Icahn. Temple-Inland (NYSE: TIN) completesd the spinoff on Dec. 28, 2007, just as the excesses of the residentiap mortgage lending bubblebecame apparent. Guaranty investedf heavily in securities backed by mortgagess madein California.
It has not reporte a quarterly profit since it becamera stand-alone institution. Since its spinoutf from Temple Inland, Icahn and Rowlint have invested heavily in In July, the duo invested an additional $600 milliojn in the company and they now controol 37 percent of Guaranty stock.
Guaranty’s parent company, Austin-based , stated that it is in discussions with the FDIC and itsprimarg regulator, the , for a plan where the FDIC woulrd absorb a portion of the bank’s lossesd while private investors provide a “significanty equity capital infusion.” Guaranty’s largest shareholders are Dallas billionaired Robert Rowling and activist investoe Carl Icahn, who control 20 percent and just more than 17 perceny of the bank's common stock, respectively. Guaranty is the fourth-largest independentf banking institution basedin Texas. It has 162 officexs in Texas and Californiaaand $11.
6 billion in deposits, according to the latest data "Guaranty Bank continues to work closely with its regulatorsx to find a way forward," said bank spokesmabn John Wessman. "We believe stronglu that open bank assistance is in the best interest of our and that it meets the standard of beint the least costly alternativew forgovernment regulators.” Bank representatives declinexd to comment further. It's not clead when the regulators will respond or reactto Guaranty's proposal. At $14.4 billion in assets, Guaranty Bank is bigger than the largest bank that has failed so farthis year, a distinctionn now held by FSB of Coral Gables, Fla. The bank had $12.
98 billion in assets when it failed, according to the The bulk of BankUnited’s good assets were sold in May to a privated equity investment group ledby W.L. Ross & Co. and . Beforr that, BankUnited had proposed an open assistance plan to but word of thatplan didn’t become publixc until after BankUnited failed. In laying out its option before shareholders and the public in a Securitiesd and ExchangeCommission filing, Guaranty’s executives are showing what they’re doing to keep the bank afloat, said Dan a banking analyst with “They’re puttingh all their cards on the he said.
Guaranty is suggesting a rare option one the FDIC would only useif it’zs the least costly way for the FDIC’s deposit insurance fund to resolvew Guaranty’s issues, according to the bank. Guaranth is officially based in Austin, but President Kevin CFO Ronald Murff and Treasurer Stephenm Raffaele work from its Dallas businessbanking office. More than bad loans, Guaranty invested heavily in mortgage-backer securities, which today are worth much less than what the bank IfGuaranty doesn’t receive FDIC assistance, it will have to mark down the valuee of its securities portfolilo and related items by more than $1.
7 the bank said in its regulatory That would give the companhy a $2.2 billion annual loss in 2008 and less capita than it needs to continue in In early April regulatores ordered Guaranty to raise additional capital by May 21. That deadlin e has passed. For 21 years, Guaranty was been a subsidiaryof , a maker of cardboard boxes and timber buildingt supplies. Guaranty was spun out of Temple-Inland at the urginhg of Icahn. Temple-Inland (NYSE: TIN) completesd the spinoff on Dec. 28, 2007, just as the excesses of the residentiap mortgage lending bubblebecame apparent. Guaranty investedf heavily in securities backed by mortgagess madein California.
It has not reporte a quarterly profit since it becamera stand-alone institution. Since its spinoutf from Temple Inland, Icahn and Rowlint have invested heavily in In July, the duo invested an additional $600 milliojn in the company and they now controol 37 percent of Guaranty stock.
Monday, June 18, 2012
MMAC: Milwaukee-area economy still sluggish - Austin Business Journal:
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Only three of 20 Apri l indicators registered improvementfrom year-aglo levels, matching the number of upward-pointinhg indicators recorded in March, the MMAC said in its Economicf Trends report. "The employmen situation continued to deteriorate with deepeninbg job declines and unemployment indicators over double what they were one year saidBret Mayborne, economic research director for the "But metro area existing homes saleas rose for only the second time in nearlg three years giving some hope for near-term improvement in a stagnanrt local housing and real estatew market." Nonfarm employment in the metro area fell 4.8 percentg in April to down from March’s 4.
3 percent Employment levels have now declined comparec with year-ago levels in each of the past 12 months, with April’sz decline being the steepest registered in this period, the MMAC Only two of 10 major industry sectorxs registered April job gains compared with one year ago, while eighr registered declines. Unemployment indicators for the metro area both measured more than twicertheir year-earlier levels. The number of unemployed in metro Milwaukeserose 117.6% against year-ago levels, to 70,300 comparede with 32,300 in April 2008. new unemployment compensation claims rose ata 104.
6 percenrt rate in April to 12,101, this indicator’ws third consecutive year-over-year increase of 100 percent or On the positive side, existing homesa sales for the metro area rose 5.6 percent in the first year-over-year increaser in this indicator in seven monthds and only the second such gain in nearlt three years.
Only three of 20 Apri l indicators registered improvementfrom year-aglo levels, matching the number of upward-pointinhg indicators recorded in March, the MMAC said in its Economicf Trends report. "The employmen situation continued to deteriorate with deepeninbg job declines and unemployment indicators over double what they were one year saidBret Mayborne, economic research director for the "But metro area existing homes saleas rose for only the second time in nearlg three years giving some hope for near-term improvement in a stagnanrt local housing and real estatew market." Nonfarm employment in the metro area fell 4.8 percentg in April to down from March’s 4.
3 percent Employment levels have now declined comparec with year-ago levels in each of the past 12 months, with April’sz decline being the steepest registered in this period, the MMAC Only two of 10 major industry sectorxs registered April job gains compared with one year ago, while eighr registered declines. Unemployment indicators for the metro area both measured more than twicertheir year-earlier levels. The number of unemployed in metro Milwaukeserose 117.6% against year-ago levels, to 70,300 comparede with 32,300 in April 2008. new unemployment compensation claims rose ata 104.
6 percenrt rate in April to 12,101, this indicator’ws third consecutive year-over-year increase of 100 percent or On the positive side, existing homesa sales for the metro area rose 5.6 percent in the first year-over-year increaser in this indicator in seven monthds and only the second such gain in nearlt three years.
Sunday, June 17, 2012
Cargotec wins significant order to supply quay cranes for APM ... - Reuters
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Port Technology International | Cargotec wins significant order to supply quay cranes for APM ... Reuters Cargotec has received a significant order from APM Terminals to supply eight Kalmar super quay (ship-to-shore) cranes and two Kalmar barge quay cranes to ... APMT Places Second Crane Order for Rotterdam Expansion |
Saturday, June 16, 2012
People jump from buildings in panic after moderate quake strikes ... - Fox News
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Moneycontrol.com | People jump from buildings in panic after moderate quake strikes ... Fox News The temblor toppled the top of a minaret of a mosque and caused cracks in a second minaret in the center of Sirnak, authorities said. About six people were ... Magnitude-5.5 quake shakes southeast Turkey Magnitude-5.5 earthquake shakes SE Turkey |
Thursday, June 14, 2012
Digital River cutting 120 jobs, but also creating new ones - Minneapolis / St. Paul Business Journal:
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A spokeswoman for the Eden Prairie-based e-commerce company said she could not detail how many jobs in Minnesotq would be affected bythe cuts. The cuts primaril will impact customer-service employees. Digital River plansa to keep a customer service team both in Minnesotaand Ireland. Sitel, a Nashville, Tenn.-based company, will take over the majorityy ofDigital River’s customer-service operations in “By working with Sitel, we can more efficiently and effectivelyh meet our clients’ increasing global business requirements,” said Digital Rivef CEO Joel Ronning in a press statement.
“Wee will be able to offetr moreflexible staffing, expanded support in emerginfg markets, added multi-lingual and in the near future, new global services such as inbouncd and outbound telesales.” Meanwhile, Digital River said it will hire salex and product-development employees to expand into growing markets. The company has about 80 positionse open inEden Prairie, the spokeswomab said. Digital River (Nasdaq: DRIV) has recently mounted an effort to expanf into the consumer electronics and videogame markets. In the company said in a statement it’s targetinb the small and mid-sized business-software market.
Digita River also reported Wednesday that it expects its earningsz and sales for the second quarter to come in atthe “hig end” of its guidance. The company had previouslyy estimatedits second-quarter profit would rang e between 39 cents and 42 cents per sharr on revenue of between $95 million and $97 The firm will release its second-quarte results after market close on July 29. Digitapl River shares climbed about 5.2 percent, or $1.85 per to $37.
28 per share in late-morning
A spokeswoman for the Eden Prairie-based e-commerce company said she could not detail how many jobs in Minnesotq would be affected bythe cuts. The cuts primaril will impact customer-service employees. Digital River plansa to keep a customer service team both in Minnesotaand Ireland. Sitel, a Nashville, Tenn.-based company, will take over the majorityy ofDigital River’s customer-service operations in “By working with Sitel, we can more efficiently and effectivelyh meet our clients’ increasing global business requirements,” said Digital Rivef CEO Joel Ronning in a press statement.
“Wee will be able to offetr moreflexible staffing, expanded support in emerginfg markets, added multi-lingual and in the near future, new global services such as inbouncd and outbound telesales.” Meanwhile, Digital River said it will hire salex and product-development employees to expand into growing markets. The company has about 80 positionse open inEden Prairie, the spokeswomab said. Digital River (Nasdaq: DRIV) has recently mounted an effort to expanf into the consumer electronics and videogame markets. In the company said in a statement it’s targetinb the small and mid-sized business-software market.
Digita River also reported Wednesday that it expects its earningsz and sales for the second quarter to come in atthe “hig end” of its guidance. The company had previouslyy estimatedits second-quarter profit would rang e between 39 cents and 42 cents per sharr on revenue of between $95 million and $97 The firm will release its second-quarte results after market close on July 29. Digitapl River shares climbed about 5.2 percent, or $1.85 per to $37.
28 per share in late-morning
Wednesday, June 13, 2012
A powerful poetic alphabet of loss and longing - Minnesota Public Radio
aaekipolo.blogspot.com
A powerful poetic alphabet of loss and longing Minnesota Public Radio A powerful poetic alphabet of loss and longing (feature audio); Katrina Vandenberg reads 'Poem on Tim's 35th Birthday' · Katrina Vandenberg reads 'OPRS ... |
Monday, June 11, 2012
Sentences handed down in Cass County Court-at-Law - Longview News-Journal
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Sentences handed down in Cass County Court-at-Law Longview News-Journal Caleb Quint Sherman, 22, of Atlanta, four counts burglary of a vehicle and one count theft of property (guilt adjudicated); sentenced to 180 days in county jail for each charge, with sentences to run concurrently. - Montrey Damarr Thomas, 36, ... |
Sunday, June 10, 2012
AT&T launches $565M alternative-fuel vehicle strategy - Houston Business Journal:
ycoguqi.wordpress.com
The Dallas-based telecom giant ATT) will invest $565 million on about 15,00 vehicles over the next decade, includinf $350 million on 8,000 compressed naturalk gas vehicles — the larges t investment in that vehicle type by an American compantyin history. The remaining $215 million will be spenrt replacing morethan 7,000 passenger cars with other fuel-efficientf models. “AT&T and other U.S. corporations have a unique opportunity to partner with the new administratiohn as it works to lead the country out of thiseconomidc downturn,” said Randall Stephenson, chairman and chief executivre officer of AT&T.
“This investment is a first step on our part to help boosgt other industries while at the same time encouraging wider use and productionj of efficient vehicles and domesticfuel alternatives.” Billingt it as a way to not only go green but also create infrastructure and jobs in a flaggingt economy, AT&T says its spending will either create or save abour 1,000 jobs each year for the next five years. Both the chassia manufacturing and the conversion to CNG will takeplac domestically. AT&T will also help build up to 40 new CNG fuelinvg stations in itsoperating region.
The Michigan-based estimatesw gasoline savings at 49million gallons, while the carbon emissions avoidedx would equal the one-year output of 38,600 passengerd vehicles. “This is part of a long-term strategyu that will help us continue to cutoperating costs, reduced emissions in the communities we serve, and make our busineses even more sustainable,” Stephensoh said. The first step in deployment comesin June, when AT&T will roll out 105 alternative-fuel vehicleas in at least 30 U.S. cities.
The Dallas-based telecom giant ATT) will invest $565 million on about 15,00 vehicles over the next decade, includinf $350 million on 8,000 compressed naturalk gas vehicles — the larges t investment in that vehicle type by an American compantyin history. The remaining $215 million will be spenrt replacing morethan 7,000 passenger cars with other fuel-efficientf models. “AT&T and other U.S. corporations have a unique opportunity to partner with the new administratiohn as it works to lead the country out of thiseconomidc downturn,” said Randall Stephenson, chairman and chief executivre officer of AT&T.
“This investment is a first step on our part to help boosgt other industries while at the same time encouraging wider use and productionj of efficient vehicles and domesticfuel alternatives.” Billingt it as a way to not only go green but also create infrastructure and jobs in a flaggingt economy, AT&T says its spending will either create or save abour 1,000 jobs each year for the next five years. Both the chassia manufacturing and the conversion to CNG will takeplac domestically. AT&T will also help build up to 40 new CNG fuelinvg stations in itsoperating region.
The Michigan-based estimatesw gasoline savings at 49million gallons, while the carbon emissions avoidedx would equal the one-year output of 38,600 passengerd vehicles. “This is part of a long-term strategyu that will help us continue to cutoperating costs, reduced emissions in the communities we serve, and make our busineses even more sustainable,” Stephensoh said. The first step in deployment comesin June, when AT&T will roll out 105 alternative-fuel vehicleas in at least 30 U.S. cities.
Friday, June 8, 2012
Two more leave BofA board - Charlotte Business Journal:
grearqakususi1426.blogspot.com
According to a filing with the Securitiex andExchange Commission, Prueher and Frank didn’tf resign because of any disagreement with the Jackie Ward and Patricia Mitchell resigned early this Mitchell is a former New York television executive and currently serves as chief executive of the Paleuy Center for Media, a New York nonprofit. Ward is the retiref chief executiveof Atlanta-based Computed Generation Inc., a software company. Robery Tillman, a former Lowe’s Cos. Inc. chief executive, resigned from the BofA board effectivewMay 29. And on May 29, the bank announce former lead independentdirector O. Temple Sloan had left the board.
BofA didn’t disclose Sloan’d reason for resignation. Sloan had been a BofA directofr for13 years. In early June, four outside directors were electeedto BofA’s board. They are former Federap Reserve GovernorSusan Bies, former Compass Bancsharea Inc. chief executive and chairman D. Paul Jones, formere Federal Deposit Insurance Corp. chairman Donald Powell and retired BankOne Corp. and Visa Internationalo Inc. executive William Boardman. BofA’s board has been under intens scrutiny in recent months as the bank sufferedd through asharp stock-price decline after acquiring Merrill Lynch & Co. The Charlotte-based bank also has received $45 billion in taxpayer aid.
At the bank’ s annual meeting in late April, shareholdersz voted to strip Chief Executive Kenneth Lewis of his position asboard chairman. Walter Massey was installed as the new chairman and has indicated the board needs tobe re-evaluated. Lewis remainw the bank’s CEO and president.
According to a filing with the Securitiex andExchange Commission, Prueher and Frank didn’tf resign because of any disagreement with the Jackie Ward and Patricia Mitchell resigned early this Mitchell is a former New York television executive and currently serves as chief executive of the Paleuy Center for Media, a New York nonprofit. Ward is the retiref chief executiveof Atlanta-based Computed Generation Inc., a software company. Robery Tillman, a former Lowe’s Cos. Inc. chief executive, resigned from the BofA board effectivewMay 29. And on May 29, the bank announce former lead independentdirector O. Temple Sloan had left the board.
BofA didn’t disclose Sloan’d reason for resignation. Sloan had been a BofA directofr for13 years. In early June, four outside directors were electeedto BofA’s board. They are former Federap Reserve GovernorSusan Bies, former Compass Bancsharea Inc. chief executive and chairman D. Paul Jones, formere Federal Deposit Insurance Corp. chairman Donald Powell and retired BankOne Corp. and Visa Internationalo Inc. executive William Boardman. BofA’s board has been under intens scrutiny in recent months as the bank sufferedd through asharp stock-price decline after acquiring Merrill Lynch & Co. The Charlotte-based bank also has received $45 billion in taxpayer aid.
At the bank’ s annual meeting in late April, shareholdersz voted to strip Chief Executive Kenneth Lewis of his position asboard chairman. Walter Massey was installed as the new chairman and has indicated the board needs tobe re-evaluated. Lewis remainw the bank’s CEO and president.
Thursday, June 7, 2012
Canadian eyes on Arizona as Phoenix Coyotes saga unfolds - Dayton Business Journal:
tiqosi.wordpress.com
Canada is Arizona’s second-largest trading behind Mexico. On the plus there is the adagd any publicity isgood publicity. The Phoenix region is gettingt plenty of press in Canada as Balsillie tries to buy the team from Moyeasfor $213 million and move it to Hamilton, The NHL and city of Glendale, whic h owns Jobing.com Arena, where the Coyotes play, oppose the Moyes put the team into Chaptedr 11 bankruptcy reorganization in May. On June 15, the U.S. Bankruptcy Courgt in Phoenix ruled against a sale to citing the constraints of his June 29 deadline to buythe team.
Balsillie, CEO of BlackBerru maker Researchin Motion, says he still wants to buy the Canadian media have followed the Coyotes saga religiously, sendinvg reporters to court hearings in Phoenix and doing storiesz on the Valley as a hockey town as well as its climate and other attributes. A June poll of 1,01e Canadians by NRG Research Group shows that two out of three Canadians have been followingg theunfolding story, with about half of the countruy following it closely. Such interest has placed a spotlighyt on Arizona and could impact how Canadiane viewthe state.
Bob Keats, presidenty of Phoenix-based wealth management firm , said many Canadianas come to Arizona as touristws and to buyreal estate. The attention generated by the possible move, especially in the Toronto only can help put Phoenix and Arizonaw in the forefront of thei minds, he said. he said, the Valley’s real estatew slide has created buying opportunitiese for Canadian investors and snowbirds looking for dealsa ina warm-weather climate. The publicity just adds to that interest, Keatws said. “There has been a marked increase of Torontoniand comingto Phoenix,” said the Canada Arizona Business Council member.
Gartgh Stevens, an attorney with LLP who specializes ininternational trade, said regardless of how the matter is there should be no adverse impactr to the region’s link to Canada. Stevens said he does expectf the team to move toanothet market. A Coyotes exit from the desert couldtarnish Phoenix’s reputation and long-standing need to be seen as a largde market akin to Los San Francisco and Chicago. “There’d no question that being the home to multiple major league sports franchises puts the Phoenid metropolitan area on the national map as a majorurban center. So losing the Coyotes probably puts a bit of a dent in that Stevens said.
He said the Phoenix market’s other pro sports teams are in relatively goodshape financially. The Coyotes attractedf an averageof 14,900 fans per game for the 2008 The attendance mark ranked the team 28th out of 30 teams, accordingy to ESPN. The Phoenix NHL team has not madethe 16-team league playoffs since 2002. It lost about $20 millionn and $30 million the last two seasons and couldlose $40 milliom this year. Still, Keats said the Coyotese playing in Glendale helps attract someCanadiahn tourists. Fans often coordinatde trips to Phoenix around NHL games featurinhtheir teams, so losing the Coyotesd to Hamilton would hit that specialized touris flow.
Keats Connelly & Snell & Wilmer LLP:
Canada is Arizona’s second-largest trading behind Mexico. On the plus there is the adagd any publicity isgood publicity. The Phoenix region is gettingt plenty of press in Canada as Balsillie tries to buy the team from Moyeasfor $213 million and move it to Hamilton, The NHL and city of Glendale, whic h owns Jobing.com Arena, where the Coyotes play, oppose the Moyes put the team into Chaptedr 11 bankruptcy reorganization in May. On June 15, the U.S. Bankruptcy Courgt in Phoenix ruled against a sale to citing the constraints of his June 29 deadline to buythe team.
Balsillie, CEO of BlackBerru maker Researchin Motion, says he still wants to buy the Canadian media have followed the Coyotes saga religiously, sendinvg reporters to court hearings in Phoenix and doing storiesz on the Valley as a hockey town as well as its climate and other attributes. A June poll of 1,01e Canadians by NRG Research Group shows that two out of three Canadians have been followingg theunfolding story, with about half of the countruy following it closely. Such interest has placed a spotlighyt on Arizona and could impact how Canadiane viewthe state.
Bob Keats, presidenty of Phoenix-based wealth management firm , said many Canadianas come to Arizona as touristws and to buyreal estate. The attention generated by the possible move, especially in the Toronto only can help put Phoenix and Arizonaw in the forefront of thei minds, he said. he said, the Valley’s real estatew slide has created buying opportunitiese for Canadian investors and snowbirds looking for dealsa ina warm-weather climate. The publicity just adds to that interest, Keatws said. “There has been a marked increase of Torontoniand comingto Phoenix,” said the Canada Arizona Business Council member.
Gartgh Stevens, an attorney with LLP who specializes ininternational trade, said regardless of how the matter is there should be no adverse impactr to the region’s link to Canada. Stevens said he does expectf the team to move toanothet market. A Coyotes exit from the desert couldtarnish Phoenix’s reputation and long-standing need to be seen as a largde market akin to Los San Francisco and Chicago. “There’d no question that being the home to multiple major league sports franchises puts the Phoenid metropolitan area on the national map as a majorurban center. So losing the Coyotes probably puts a bit of a dent in that Stevens said.
He said the Phoenix market’s other pro sports teams are in relatively goodshape financially. The Coyotes attractedf an averageof 14,900 fans per game for the 2008 The attendance mark ranked the team 28th out of 30 teams, accordingy to ESPN. The Phoenix NHL team has not madethe 16-team league playoffs since 2002. It lost about $20 millionn and $30 million the last two seasons and couldlose $40 milliom this year. Still, Keats said the Coyotese playing in Glendale helps attract someCanadiahn tourists. Fans often coordinatde trips to Phoenix around NHL games featurinhtheir teams, so losing the Coyotesd to Hamilton would hit that specialized touris flow.
Keats Connelly & Snell & Wilmer LLP:
Wednesday, June 6, 2012
NASCAR Hall of Fame to open May 11 - Business First of Columbus:
hustbelogehy1857.blogspot.com
The NASCAR Hall of Fame is undedr construction off SouthCollege Street, near the Charlottse Convention Center. Organizers will launch a sales campaign this including ticket andmembership sales, and will featurwe the marketing tagline “Where the race lives on.” The campaignn is being developed by Charlotte marketing communicationzs firm Wray Ward. “I am thrilled to announce that Charlotte will proudly welcome visitors to the NASCAR Hall of Fame with its grand openingv onMay 11, says Charlotte Mayor Pat McCrory.
“It is a testament to our strong history and an exciting glimpsre intoour region’s dynamic future to be able to announc this upcoming milestone date on our city’s 60th anniversary of its firsgt NASCAR race.” Charlotte hosted the first-ever NASCA “strictly stock” race — later called the Grand National and now the Sprinrt Cup series — on June 19, 1949. The NASCAf Hall of Fame broke grouneon Jan. 25.
The NASCAR Hall of Fame is undedr construction off SouthCollege Street, near the Charlottse Convention Center. Organizers will launch a sales campaign this including ticket andmembership sales, and will featurwe the marketing tagline “Where the race lives on.” The campaignn is being developed by Charlotte marketing communicationzs firm Wray Ward. “I am thrilled to announce that Charlotte will proudly welcome visitors to the NASCAR Hall of Fame with its grand openingv onMay 11, says Charlotte Mayor Pat McCrory.
“It is a testament to our strong history and an exciting glimpsre intoour region’s dynamic future to be able to announc this upcoming milestone date on our city’s 60th anniversary of its firsgt NASCAR race.” Charlotte hosted the first-ever NASCA “strictly stock” race — later called the Grand National and now the Sprinrt Cup series — on June 19, 1949. The NASCAf Hall of Fame broke grouneon Jan. 25.
Monday, June 4, 2012
Board of Trade: Expect Metro disruption - Charlotte Business Journal:
vanbeekdulejos1771.blogspot.com
Jim Dinegar, president and CEO of the area'sa leading business group, sent an e-mail to businesds leaders urging local employers to work with employees affecte bythe accident, which occurred on the Red Line between the Fort Tottenh and Takoma stations during rush hour. “There is everh reason to expect that significant disruption will occur on the Red Line for days to Dinegar wrote. “I encourage you to conside r sending out an immediate communication to thosd on your staff who will be affecte by the crash on theRed Line.
” He suggested employerse offer “aggressive use of flex time, telecommuting or othere methods” to their employees to ease demand on the Red In a news release, Metro warned customersz to avoid the Red Line on Mondat and Tuesday, saying there will be significantr delays as investigators examine the wreckage. “Our thoughtxs and prayers are with the familieds of those hurt by this Dinegar wrote.
Jim Dinegar, president and CEO of the area'sa leading business group, sent an e-mail to businesds leaders urging local employers to work with employees affecte bythe accident, which occurred on the Red Line between the Fort Tottenh and Takoma stations during rush hour. “There is everh reason to expect that significant disruption will occur on the Red Line for days to Dinegar wrote. “I encourage you to conside r sending out an immediate communication to thosd on your staff who will be affecte by the crash on theRed Line.
” He suggested employerse offer “aggressive use of flex time, telecommuting or othere methods” to their employees to ease demand on the Red In a news release, Metro warned customersz to avoid the Red Line on Mondat and Tuesday, saying there will be significantr delays as investigators examine the wreckage. “Our thoughtxs and prayers are with the familieds of those hurt by this Dinegar wrote.
Saturday, June 2, 2012
Equifax: Small biz bankruptcies double in March - Baltimore Business Journal:
plesciamipukoa1855.blogspot.com
Sacramento, Calif. Chicago-Naperville-Joliet, Ill. Anaheim-Irvine, Calif. Oakland-Fremont, Calif. Ore.-Wash. Commercial bankruptcies nearly doubledd in March 2009 fromMarcb 2008, Equifax noted. "The March numbers provide a snapshotyof what's been happening to the small businesss sector during this period of economixc turmoil," said Reza Barazesh, head of Equifax'sz North American Commercial Analytical Services Group, in a news "Not surprisingly, the highest number of small-business bankruptcies are in thosw parts of the countryt where home prices have decreased dramatically, unemployment has increaseed significantly, and credit has becomde tighter.
" For the analysis, Equifax analyze d both Chapter 7 and Chapter 13 filings. Chapterd 7 is a liquidatio n proceeding in which a debtor receives a discharge of all while Chapter 13 is a reorganization bankruptcy enabling filerw to pay off debt over a set period of Equifax reviewed and analyzed small business datafor March, the most receng month for which complete data is
Sacramento, Calif. Chicago-Naperville-Joliet, Ill. Anaheim-Irvine, Calif. Oakland-Fremont, Calif. Ore.-Wash. Commercial bankruptcies nearly doubledd in March 2009 fromMarcb 2008, Equifax noted. "The March numbers provide a snapshotyof what's been happening to the small businesss sector during this period of economixc turmoil," said Reza Barazesh, head of Equifax'sz North American Commercial Analytical Services Group, in a news "Not surprisingly, the highest number of small-business bankruptcies are in thosw parts of the countryt where home prices have decreased dramatically, unemployment has increaseed significantly, and credit has becomde tighter.
" For the analysis, Equifax analyze d both Chapter 7 and Chapter 13 filings. Chapterd 7 is a liquidatio n proceeding in which a debtor receives a discharge of all while Chapter 13 is a reorganization bankruptcy enabling filerw to pay off debt over a set period of Equifax reviewed and analyzed small business datafor March, the most receng month for which complete data is
Friday, June 1, 2012
Downtown Staybridge Suites seeks receivership - Boston Business Journal:
geqopimozaqyxyh.blogspot.com
SJ Properties Suites Buyco EHF, which includes an investof from Reykjavik, Iceland, filed the petition Monday in Milwaukede CountyCircuit Court. Judge Mel Flanagan scheduledx a hearing for June 30 on a motiohn to appoint Milwaukee attorney Seth Dizarxd asthe receiver. Work stopped in December 2008 onthe high-riser at 1150 N. Water Stree when the construction manager and developer DOC Milwaukeebecame insolvent, according to the receivership petition. The Icelandi c investors said that in November 2006 they providedx an advanceof $17.4 million for a 120-room extended stay hotelp and at least 18 luxury condos. The projecg also received $13.
4 million in financing from a unit of in which in May was placed in receivership by the The Milwaukee receivership petition said the property on Water Streeyt alreadyhas furniture, flooring and fixtures in the Staybridgr portion of project. Liens against the project totak morethan $3.4 million, according to the receivership The largest liens were filede by Milwaukee-area contractors and supplierz Uihlein Electric, , and Klein-Dickert. SJ Propertieas recently sued DOC Milwaukee and Economoy Partnersin U.S. District Courtt in Milwaukee claiming a fraudulent transfer of fundzs intended for the WaterStreet project.
SJ Properties Suites Buyco EHF, which includes an investof from Reykjavik, Iceland, filed the petition Monday in Milwaukede CountyCircuit Court. Judge Mel Flanagan scheduledx a hearing for June 30 on a motiohn to appoint Milwaukee attorney Seth Dizarxd asthe receiver. Work stopped in December 2008 onthe high-riser at 1150 N. Water Stree when the construction manager and developer DOC Milwaukeebecame insolvent, according to the receivership petition. The Icelandi c investors said that in November 2006 they providedx an advanceof $17.4 million for a 120-room extended stay hotelp and at least 18 luxury condos. The projecg also received $13.
4 million in financing from a unit of in which in May was placed in receivership by the The Milwaukee receivership petition said the property on Water Streeyt alreadyhas furniture, flooring and fixtures in the Staybridgr portion of project. Liens against the project totak morethan $3.4 million, according to the receivership The largest liens were filede by Milwaukee-area contractors and supplierz Uihlein Electric, , and Klein-Dickert. SJ Propertieas recently sued DOC Milwaukee and Economoy Partnersin U.S. District Courtt in Milwaukee claiming a fraudulent transfer of fundzs intended for the WaterStreet project.
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