ermolayxitpev.blogspot.com
New orders in March were 17 percent lowee than they had been a year reported survey author Ken But there’s at least a glimmer of hope in that he added. “While nothing to get too excited at least the decline fell belowthe 20-pluse percentages we have been reporting,” he said in the Year to date, new order were 21 percent lower than the first quartert of 2008. In March, shipments of completed orderss were off 17 percent from a year the same decline asnew order. The industrty continues to shed workers, the surveyt found.
Factory employee counts were 20 percen t lower in March than ayear earlier, and payrollz were off 24 Smith said based on survey respondents, he believe the economy may be at or near its There have been some encouraging signs of rebounding consumer which is a positiv sign for the furniture industry, he said. “No one expectss the economy to come back with a but at least if companies can feel they havebottomed out, managemenr can structure the company to deal curreny volume levels,” he said.
Monday, February 28, 2011
Saturday, February 26, 2011
Wells Fargo continues integration of Wachovia with name change - Jacksonville Business Journal:
clarityviellegq67.blogspot.com
The change reflects the bank’sd continued integration with , which acquired Charlotte-based on Dec. 31. “Bu adopting the Wells Fargo nameand brand, we’re now fully part of one of the world’s most respectes financial companies,” says Neil chief executive of Wells Fargo Bank International. “We look forwardx to satisfying all ofour clients’ financiapl needs across Europe and helping them succeed Wells Fargo Bank International is a Europeanm Union bank headquartered in Ireland.
In addition, Wellsa Fargo’s investment-banking and capital-markets which formerly operated under the Wachoviaz Securities and certain WellsFarglo brands, have taken the name Wells Farglo Securities. Retail brokerage products and services formerlty marketed as Wachovia Securities are now offered through WellwsFargo Advisors. Wells Fargo (NYSE:WFC) is basex in San Francisco.
The change reflects the bank’sd continued integration with , which acquired Charlotte-based on Dec. 31. “Bu adopting the Wells Fargo nameand brand, we’re now fully part of one of the world’s most respectes financial companies,” says Neil chief executive of Wells Fargo Bank International. “We look forwardx to satisfying all ofour clients’ financiapl needs across Europe and helping them succeed Wells Fargo Bank International is a Europeanm Union bank headquartered in Ireland.
In addition, Wellsa Fargo’s investment-banking and capital-markets which formerly operated under the Wachoviaz Securities and certain WellsFarglo brands, have taken the name Wells Farglo Securities. Retail brokerage products and services formerlty marketed as Wachovia Securities are now offered through WellwsFargo Advisors. Wells Fargo (NYSE:WFC) is basex in San Francisco.
Wednesday, February 23, 2011
Meet Your (Other) New Knicks - New York Magazine
http://acrowdedfire.com/shotglass.html
Fox News | Meet Your (Other) New Knicks New York Magazine Carmelo Anthony obviously is the main attraction tonight â€" the game against the Bucks starts at 7:30, and Anthony's press conference is at 5 â€" but he's obviously not the only new Knick. We've said goodbye to those kind souls leaving us. ... Nuggets exec: 'We feel like we got killed' in Melo trade Rapid Reaction: The Melo Trade Carmelo Anthony to the New York Knicks: Grading the trade |
Monday, February 21, 2011
Wendy
steel roof
The Atlanta-based company, whichn acquired Dublin-based Wendy’s last year, said Tuesdayg that the development agreement calls for franchisede to open the first of its plannedr restaurants laterthis year, with roughly 36 to Kopitiam is the largest food-servicwe management operator in the Southeast Asiajn country, Wendy’s/Arby’s said. Wendy’s has 150 franchised restaurants in and last year the company signed a franchises for developmentin Malaysia. Kopitiam Chairmamn Lim Bee Huat said in a release thatthe Wendy’as franchise deal is a move the companuy has planned for some time.
Kopitiaj operates a number of brands in the countrhy and manages the Lau Pa Sat Festival a populartourist destination. “The additiobn of Wendy’s quality brand will complement the wide rangwe of food businesses that we currently have in Huat said. Wendy’s/Arby’s (NYSE:WEN), the third-largesr quick-service restaurant chain in the nation, has more than 10,0009 units. The company last year lost $479.78 million on $1.82 billionm in revenue.
The Atlanta-based company, whichn acquired Dublin-based Wendy’s last year, said Tuesdayg that the development agreement calls for franchisede to open the first of its plannedr restaurants laterthis year, with roughly 36 to Kopitiam is the largest food-servicwe management operator in the Southeast Asiajn country, Wendy’s/Arby’s said. Wendy’s has 150 franchised restaurants in and last year the company signed a franchises for developmentin Malaysia. Kopitiam Chairmamn Lim Bee Huat said in a release thatthe Wendy’as franchise deal is a move the companuy has planned for some time.
Kopitiaj operates a number of brands in the countrhy and manages the Lau Pa Sat Festival a populartourist destination. “The additiobn of Wendy’s quality brand will complement the wide rangwe of food businesses that we currently have in Huat said. Wendy’s/Arby’s (NYSE:WEN), the third-largesr quick-service restaurant chain in the nation, has more than 10,0009 units. The company last year lost $479.78 million on $1.82 billionm in revenue.
Friday, February 18, 2011
Emergent BioSolutions hands out bonuses - Washington Business Journal:
steel roof tiles
Alongside minimal pay raises, execs received bonuses in 2008 that increase anywhere from 5 percent to 43 percenyt from their2007 bonuses. Fuad El-Hibri, chierf executive officer and chairman of theRockville company, got the lowest but the highest bonus at $323,250. The highest increasr was doled out to Kyle senior vice president of manufacturing who took homea $96,460 bonus for 2008. at least one manager’s perk wasn’t quite so perkyu last year.
Robert who stepped down in January as headof Emergent’x manufacturing subsidiary and instead will managw a contract that the company hopes to nail with the federap government this year, got a 48 percent decrease in his bonus from 2007, bringing his 2008 figure to $78,815. While Emergent is one of the few biotechds nettinga profit, its numbers did dip slightly from 2007 to 2008 by 2 percent of revenue and 10 percent of profits because of fewer or delayed shipmentws of its anthrax vaccine to the federapl government. But whereas other biotechs have been shaving down theirwork forces, Emergent added peoplse in 2008, up to 587 peoplew from 560 in 2007.
Alongside minimal pay raises, execs received bonuses in 2008 that increase anywhere from 5 percent to 43 percenyt from their2007 bonuses. Fuad El-Hibri, chierf executive officer and chairman of theRockville company, got the lowest but the highest bonus at $323,250. The highest increasr was doled out to Kyle senior vice president of manufacturing who took homea $96,460 bonus for 2008. at least one manager’s perk wasn’t quite so perkyu last year.
Robert who stepped down in January as headof Emergent’x manufacturing subsidiary and instead will managw a contract that the company hopes to nail with the federap government this year, got a 48 percent decrease in his bonus from 2007, bringing his 2008 figure to $78,815. While Emergent is one of the few biotechds nettinga profit, its numbers did dip slightly from 2007 to 2008 by 2 percent of revenue and 10 percent of profits because of fewer or delayed shipmentws of its anthrax vaccine to the federapl government. But whereas other biotechs have been shaving down theirwork forces, Emergent added peoplse in 2008, up to 587 peoplew from 560 in 2007.
Wednesday, February 16, 2011
Down equity markets yield investors, opportunities for third Anchorage Angels fund - Business First of Louisville:
reason-splitting.blogspot.com
And, he said, this might be one of the most promising periodsfor early-stage investmeny group such as his Anchorage Angels. Anchoragee Angels recently closed itsthird fund, Anchorage Angelsx III LLC, said Chapman, who is managingy member of the 10-year-old private investment Although Chapman declined to give he described Anchorage Angels III as the largest of the threr funds created since 2000, with well over $1 millio n raised. Chapman said that although there are no immediate plans for anadditionaol series, the fund “has flexibility to increasd its size.” Tough but big opportunities Anchorage Angels III alreadu has invested in six companies, which he declined to identify.
The new fund will invesy across theUnited States, Chapman said. Anchoragew Angels’ typical maximum investment isabour $150,000 to limit the exposurwe in individual companies, he said. But it has invested as much as $200,000 in a single compangy through multiple funding rounds and as little as So how hard is it to get investorsd to fork over perhaps hundreds of thousandse of dollars during what might be the depths of the worstg downturnsince 1929? Tough, Chapman “It’s extremely difficult to raise money in this he said. It takes with endless meetingsand negotiations, Chapman “But we have a record.
We have a tracok record of making money in reallycrummy environments.” The 2009 investingg environment is “the opposite” of when Anchorage Angelzs raised its first money in he said. During that go-gol environment, with the possibility of takingcompaniea public, there were lots of deals, and all them were Chapman said. That is, there was so much investor moneh chasing deals that the terms were not as favorabldfor investors. “What you see (now) are very interestin g tech plays at veryinterestint valuations,” he said.
Valuations are deals are plentiful and management teams are betterf andmore seasoned, he Another difference from past years is that more investors many of whom have become disillusioned with public-equity markets are coming to Anchorage Angels to learhn the private-capital business. “Theyt say, ‘I sold my business. I have cash to invest, and I want to learbn how this gameis played,’ ” Chapmahn said.
There’s a wealth of opportunity rightg now for entrepreneursin early-stage companies, including in healtyh care and energy, said Sean O’Leary, co-founder and CEO of Louisville-basex Genscape tracks utility energy output for brokers, and it’s one of the companies in which Anchorage Angels invested. The recession has meangt that a lot of professionals havebeen “forced to think about what to do with theirt lives, and they’re talking risks they wouldn’t ordinarily be taking,” starting new said O’Leary, who also is a current Anchorage Angels
And, he said, this might be one of the most promising periodsfor early-stage investmeny group such as his Anchorage Angels. Anchoragee Angels recently closed itsthird fund, Anchorage Angelsx III LLC, said Chapman, who is managingy member of the 10-year-old private investment Although Chapman declined to give he described Anchorage Angels III as the largest of the threr funds created since 2000, with well over $1 millio n raised. Chapman said that although there are no immediate plans for anadditionaol series, the fund “has flexibility to increasd its size.” Tough but big opportunities Anchorage Angels III alreadu has invested in six companies, which he declined to identify.
The new fund will invesy across theUnited States, Chapman said. Anchoragew Angels’ typical maximum investment isabour $150,000 to limit the exposurwe in individual companies, he said. But it has invested as much as $200,000 in a single compangy through multiple funding rounds and as little as So how hard is it to get investorsd to fork over perhaps hundreds of thousandse of dollars during what might be the depths of the worstg downturnsince 1929? Tough, Chapman “It’s extremely difficult to raise money in this he said. It takes with endless meetingsand negotiations, Chapman “But we have a record.
We have a tracok record of making money in reallycrummy environments.” The 2009 investingg environment is “the opposite” of when Anchorage Angelzs raised its first money in he said. During that go-gol environment, with the possibility of takingcompaniea public, there were lots of deals, and all them were Chapman said. That is, there was so much investor moneh chasing deals that the terms were not as favorabldfor investors. “What you see (now) are very interestin g tech plays at veryinterestint valuations,” he said.
Valuations are deals are plentiful and management teams are betterf andmore seasoned, he Another difference from past years is that more investors many of whom have become disillusioned with public-equity markets are coming to Anchorage Angels to learhn the private-capital business. “Theyt say, ‘I sold my business. I have cash to invest, and I want to learbn how this gameis played,’ ” Chapmahn said.
There’s a wealth of opportunity rightg now for entrepreneursin early-stage companies, including in healtyh care and energy, said Sean O’Leary, co-founder and CEO of Louisville-basex Genscape tracks utility energy output for brokers, and it’s one of the companies in which Anchorage Angels invested. The recession has meangt that a lot of professionals havebeen “forced to think about what to do with theirt lives, and they’re talking risks they wouldn’t ordinarily be taking,” starting new said O’Leary, who also is a current Anchorage Angels
Sunday, February 13, 2011
Q & A Session – NSPS Salary Increase Restriction - Federal Times (blog)
kdrummondbs37.blogspot.com
Q & A Session â€" NSPS Salary Increase Restriction Federal Times (blog) Is DoD's action to restrict certain employees from receiving a NSPS salary increase consistent with merit system principles? With the salary freeze, ... |
Friday, February 11, 2011
Medtronic's 'Scan-Safe' Pacemaker - Zacks.com
http://allcanadianfitness.com/ourphilosophy.html
MedIndia | Medtronic's 'Scan-Safe' Pacemaker Zacks.com Per estimates, approximately 200000 pacemaker patients in the US are forced to forgo MRI scans due to the possible interference of the machine's magnetic ... FDA Approves First Pacemaker Deemed Safe During MRIs Medtronic Gets OK for Scan-Friendly Pacemaker FDA approves first "MRI-safe" pacemaker |
Tuesday, February 8, 2011
Fla., Orlando again tops in foreclosures - Business First of Columbus:
houston-nearly.blogspot.com
The state posted 58,931 foreclosure filings — including default notices, scheduled auctions and bank repossessions — in May, down 8.8 percentf from April’s total, but still 50 percent higher than May accordingto RealtyTrac’s monthly Foreclosure Markety Report. Only California had a higher total, with 92,24i9 properties with May 2009 foreclosurr filings. The Sunshine State was No. 3 in the natioj in foreclosure rates, with one in everh 148 households receiving a foreclosure filingin May. Nevad a led the country with one in every 64 homez receivinga filing, while California was second highest with one in every 144. The Orlando-Kissimme e market took the No.
8 spot among the nation’s top 10 metrk areas with the highestforeclosure rates. The area recorded a rate of one foreclosurs filing for every101 homes. Floridas had three cities among the top 10metrlo areas, while California had six cities amont that mix. Las Vegas topped the list with a rate of one in everyy 54 households getting aforeclosures filing. Nationwide, 321,480 foreclosurw filings were reportedin May, which is 6 percent lower than April 2009, but about 18 percent higher than May 2008. One in evergy 398 U.S. homes received a foreclosur e noticelast month. Vermont again recorded the lowest numberof foreclosures, with six reported in May, or one for everyy 51,906 households.
The RealtyTrac U.S. Foreclosure Market Repor provides the total number of propertieas with at least one foreclosure filing reportesd duringthe month. Data is collectedr from more than 2,200 counties that accounyt for more than 90 percent ofthe nation’zs population.
The state posted 58,931 foreclosure filings — including default notices, scheduled auctions and bank repossessions — in May, down 8.8 percentf from April’s total, but still 50 percent higher than May accordingto RealtyTrac’s monthly Foreclosure Markety Report. Only California had a higher total, with 92,24i9 properties with May 2009 foreclosurr filings. The Sunshine State was No. 3 in the natioj in foreclosure rates, with one in everh 148 households receiving a foreclosure filingin May. Nevad a led the country with one in every 64 homez receivinga filing, while California was second highest with one in every 144. The Orlando-Kissimme e market took the No.
8 spot among the nation’s top 10 metrk areas with the highestforeclosure rates. The area recorded a rate of one foreclosurs filing for every101 homes. Floridas had three cities among the top 10metrlo areas, while California had six cities amont that mix. Las Vegas topped the list with a rate of one in everyy 54 households getting aforeclosures filing. Nationwide, 321,480 foreclosurw filings were reportedin May, which is 6 percent lower than April 2009, but about 18 percent higher than May 2008. One in evergy 398 U.S. homes received a foreclosur e noticelast month. Vermont again recorded the lowest numberof foreclosures, with six reported in May, or one for everyy 51,906 households.
The RealtyTrac U.S. Foreclosure Market Repor provides the total number of propertieas with at least one foreclosure filing reportesd duringthe month. Data is collectedr from more than 2,200 counties that accounyt for more than 90 percent ofthe nation’zs population.
Sunday, February 6, 2011
Road Closures During National Day Celebration - Bru Direct
belyaevostapuki.blogspot.com
Road Closures During National Day Celebration Bru Direct ... and Traffic Control made the announcement yesterday during a press conference held at the Dewan Citra Budaya, Ministry of Culture, Youth and Sports. ... |
Thursday, February 3, 2011
Lewis testifies before Congress - The Business Journal of the Greater Triad Area:
http://ravikarunanayake.com/news-bulletin/210-urgent-meeting-between-mahinda-and-ranil
In prepared testimony before Congressionalp committees, Lewis said BofA contacted officials atthe U.S. Treasury and Federal Reserve in mid-December to inform them that thebank “hadf serious concerns about closing the transaction.” he said, was considering declaring a “material adverse change,” which can allow an acquirer to back out of a proposed deal. “Treasury and Federal Reserve representatives askedc us to delay any such and expressed significant concerns about the systemic consequencese and risk to Bank of America of pursuing sucha course,” Lewis said.
“We commenced discussion to determine whether governmental support could limit the risk of proceedinv withthe transaction. Both the governmenrt and Bank America were awarwe that the global financial systemj was infragile condition, and that a collapse of Merrill Lynch could hasten a Charlotte-based BofA (NYSE:BAC) bought Merrill on Jan. 1 for $29.1q billion. The deal resultefd in BofA’s receiving an additional $20 billion in federal funds under the Troubled Asset Relief BofA has received a totalof $45 billiob in TARP funds. Lewis has been undet intense pressure from BofA shareholders for not disclosing the depthjof Merrill’s financial difficulties before the merger.
Merrill lost $15.23 billion in the fourth In February, Lewis testified under oath befores New York Attorney General Andrew Cuomo that Federal Reservse Chairman Ben Bernankeand then-Treasury Secretary Henry Paulsoj pressured the bank not to discusws its increasingly troubled plan to buy Lewis said he believed Paulson and Bernankse were instructing him to keep silent about Merrill’se financial problems. His testimony was part of an investigation launched by Cuomo intothe $3.6 billion in bonuses Merrilo paid out in Click to follow Lewis' testimonh on Twitter.
In prepared testimony before Congressionalp committees, Lewis said BofA contacted officials atthe U.S. Treasury and Federal Reserve in mid-December to inform them that thebank “hadf serious concerns about closing the transaction.” he said, was considering declaring a “material adverse change,” which can allow an acquirer to back out of a proposed deal. “Treasury and Federal Reserve representatives askedc us to delay any such and expressed significant concerns about the systemic consequencese and risk to Bank of America of pursuing sucha course,” Lewis said.
“We commenced discussion to determine whether governmental support could limit the risk of proceedinv withthe transaction. Both the governmenrt and Bank America were awarwe that the global financial systemj was infragile condition, and that a collapse of Merrill Lynch could hasten a Charlotte-based BofA (NYSE:BAC) bought Merrill on Jan. 1 for $29.1q billion. The deal resultefd in BofA’s receiving an additional $20 billion in federal funds under the Troubled Asset Relief BofA has received a totalof $45 billiob in TARP funds. Lewis has been undet intense pressure from BofA shareholders for not disclosing the depthjof Merrill’s financial difficulties before the merger.
Merrill lost $15.23 billion in the fourth In February, Lewis testified under oath befores New York Attorney General Andrew Cuomo that Federal Reservse Chairman Ben Bernankeand then-Treasury Secretary Henry Paulsoj pressured the bank not to discusws its increasingly troubled plan to buy Lewis said he believed Paulson and Bernankse were instructing him to keep silent about Merrill’se financial problems. His testimony was part of an investigation launched by Cuomo intothe $3.6 billion in bonuses Merrilo paid out in Click to follow Lewis' testimonh on Twitter.
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