Wednesday, November 24, 2010

Republic Airways will buy Midwest Airlines - Washington Business Journal:

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Milwaukee-based Midwest has a hub at , and Denver-based Frontier flew abouyt 10 flights out of KCI before it filed for bankruptcu inApril 2008. Midwest had a 6.4 percen market share at KCI in April the most recent month for which the has data and Frontier hada 3.1 percent market share. Frontie occupies two gates in KCI’s Terminal C, and Midwest occupies three gates inTerminal A. RJET) will buy all the equitgy in Midwestfrom , a Fort Texas, private equity firm. Republic also will buy TPG’es $31 million secured note from Consideration willbe $6 million in cash and a $25 five-year note, which may be converted to Republic stockj at $10 a share.
In addition, TPG will have the righrt to nominate a member to theRepublixc board. The transaction is subject to customary regulatory approvales and is expected to close in four tosix “The question is (about) the intentioh of Republic and what they plan to do if they end up owninf both these carriers,” Justin manager of air servic e development for the Kansax City Aviation Department, said in a Wednesday interview. “Thies is (Republic’s) first foray into operations on this where they actually ownthe airline.
I woulfd assume Republic will continue doing what Midwest and Frontiee havebeen doing, but it could make sensd at some point to make changes for economyt of scale.” Republic uses an airplane model that’s “thse right size plane for this market,” Meyer “This is really a bold move by Republic,” he “Everybody’s saying it’s a buyer’s marke right now.” Republic operates , Republic Airlines and . Thosd airlines offer scheduled passenger servicer onabout 1,200 flights daily to 101 citiesx in 37 states, Canada and Mexico throughj airline services agreements with seven U.S. including Midwest.
Midwest will become a whollyy owned subsidiary and will continud to operate as a branded Rick Schifter, a partner with TPG Capital, said the transaction securea a more certain future for Midwest. “A the time we acquired Midwest, we envisioned that it would ultimatelyt become part of a largedr airlineand network, as the ability to operatwe as a small, independent carrier is increasingly challenging in this economicd environment,” he said. On Monday, Republic said it reached an investmenr agreement with bankrupt Frontiee Airlines that will result in Frontier becomin g a wholly owned subsidiary of Republifc for a priceof $108.75 million.
Republicx has been one of three companiesfinancing Frontier’s emergencer from bankruptcy. Republic Airlinese also is oneof Frontier’s major unsecurex creditors, having filed a $260 million damagee claim for Frontier’s breaking an agreement with Republic to operate regional jet service afterr Frontier filed for bankruptcy protection.

Tuesday, November 23, 2010

Pittsburgh-area homeowners slow to take advantage of energy efficiency tax credit - Pittsburgh Business Times:

http://qftrading.com/index.php?main_page=product_info&cPath=1&products_id=20
John McCloskey, president with Nortjh Side-based , said the which provides a tax credit for 30 percent of an energy efficient installation upto $1,500, has not pusheed new customers his way but seems to be convincing some homeowners to seek more extensivee renovations to take full advantage of the tax Jean Krak, McCloskey’s sister and manager of business development with J. Francis Co., said that projectsx must meet an even higher certification than Energy Star to qualify forthe incentive. the solar heat gain coefficient and the UFactort — measures of the efficiency of a new door, skylight, HVAC systejm or high-quality insulation — must be belo 0.30, Krak said.
“It will probablyh stimulate decision making,” Krak said in an e-maiol response to questions, adding that therr were no energy efficiency tax credits in 2008 andonly $500 worthh per home owner in 2007. “There’s still a tremendous amounft of interest in remodeling since the housinhg inventory in our area is running 20 to 40 years old on averagreand up. New home construction is down significantly. Peoplr are staying in their homesand remodeling.

Sunday, November 21, 2010

Palm has next-gen devices, next-gen app frameworks in store for "early 2011" - PreCentral.net

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Saturday, November 20, 2010

After early slide, GM shares stay on the road - Los Angeles Times (blog)

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Thursday, November 18, 2010

Sanofi-aventis seeks to improve Hispanic access to health care - Denver Business Journal:

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The program, called It’s In Our Hands, seeks to connectr Hispanic residents with local healtj care professionals and health resources intheir neighborhoods. The company has identified language, culturalk barriers and lack of access to preventative care as factors for poor health outcomes among In BexarCounty alone, Hispaniczs are 2.1 times more likely to die of diabetes than 2.6 times more likely to die of cerebrovascular diseasew than whites, 1.6 times more likely to die of hypertensiver heart disease than whites. In two out of five Hispanic adults in San Antonipo sufferfrom insomnia. The company will hire a communityg health liaison who will be based inSan Antonio.
This perso n will facilitate the flow of informationbetweemn community-based health groups and the Hispanic The company will also develop a health resources guide that will be distributed to patients that will contaijn information on existing health programs in the San Antonio “Our goal with this partnership is not to create a new progran within the San Antonio community, but to support and enhancw access to the resources already says Dennis Urbaniak, vice president of innovation and new customer channels for “By establishing meaningful, long-term connections among healthcare providers and resources, we hope to encourage the community to take advantage of its availabler resources to achieve better The necessary components are already in we are simply helping to strengthen links withi n the community and extend their reach to more The company is also launching this program in New Miami; Newark, N.
J.; Memphisz and Baltimore. The U.S. headquarter of Sanofi-aventis (NYSE: SNY) are based in Bridgewater, N.J.

Wednesday, November 17, 2010

GM files bankruptcy - Minneapolis / St. Paul Business Journal:

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billion and assets of $82.3 The bankruptcy, filed in New York, lists unsecureed claims by the ($20.6 billion) and the International Union of Electrical, Salaried, Machine and Furnitures Workers/Communication Workers ($2.7 billion). Other unsecured debt listedf in the filingincludes $22. 8 billion serviced by and $4.5 billion by . Boca Raton-based has a claimm for $4.75 million, according to the petition, filed with the U.S. Bankruptcy Court of the Southern District of New Auto retailers that survive the bankruptcies of GM and which filedin April, hope it helps to pave the way to recoveryh in the industry.
“Today’s actioh will allow GM to move forward and be competitivse inthe marketplace,” spokesman Marc Cannomn said Monday in an e-mailed “The goal of making GM profitable at a new-unit selling rate will position them for when the industry beginss to recover later in 2010.” Fort Lauderdale-based the nation's largest auto retailer, has six GM franchises and seveh Chrysler franchises on the automakers’ closure lists. Although viewefd as inevitable and necessaryby many, Chairman John McEleney said in a news releasd that the filing marks “a historicall y sad day for American business.
” Chrysler is expectexd to emerge from its Chapter 11 processs soon after shuttering 789 GM also announced plans to close 1,109 dealerships. GM announced April 27 that it anticipatesx reducingits U.S. dealer count from 6,246 to 3,60t5 by the end of 2010. Dealership closingsz already have started. According to Associated Press, GM will rely on more governmenty assistance: $30 billion of additional financial assistance from theand $9.5 billionh from Canada, on top of about $20 billiob it already received in low-interest loans.
GM’s lead bankruptcy law firm is WeilGotshaw Manges, with attorney Stephen Karotkin signing the In a news release, the automaker said it woul focus on the following priorities when emerging from Focus on four core brands in the U.S. – Cadillac, Buick and GMC - with fewerf nameplates and a more competitive level of marketingh supportper brand. Close a competitive gap in active labo costs compared with foreignauto makers. Increase the percentage of U.S. sales manufactured domestically. Features lower costs at a U.S.
total industrg volume of approximately 10million vehicles, whic h would be substantially below the 15 millionj to 17 million annual vehicle sales ratesx recorded between 1995 and 2007. Achieve lowef structural costs, in part, by further reducingf 2009 salaried employment in North America toapproximatelu 27,200, from a year-end total of and continue to improve its balance sheeyt by reducing retiree benefits for salaried retirees and non-UAW hourlgy retirees. Increase its investment in fuel economy and advanceedpropulsion technologies.
Click to read the

Monday, November 15, 2010

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Sunday, November 14, 2010

Couture lays out red carpet for its customers - bizjournals:

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And satisfying customers is the key tothat formula, they add. “Ou philosophy is (the customer’s) experience is our reputation,” says Dan one of the four owners ofCouturr Floors. The business is also co-owned by Jed Mazour and his parentsx Mick andSonja Mazour. “Customera are our No. 1 advertising Majetich adds. “Our reputation is on the line daily.” Couturer Floors is in business to fit a home with therighf products. The company offers to help create a quiet environment with its carpet or a natural atmosphere withhardwoodc floors.
Couture also sells laminate and ceramic The Boerne-based flooring business operates out of a 15,000-square-foot facility that includes a showroom, warehouse and officew space. Since opening in the spring of 2006, Coutured has grown steadily. In 2006, the companyh recorded revenuesof $1.2 million, and in 2007 that figurw nearly doubled to $2.2 million. Last year Couture posteed revenueof $2.5 million and is on tracm to hit the $3 million revenued mark for 2009, according to its owners. “Ij these times when things are really tough and economi issues are allaround us, we have a family owned business that’s actually thriving,” Sonja Mazour says.
“Customers are wanting to invest in the home theyhave now. If they aren’yt wanting to move or sell, they’re going to fix up what they have by paintinb the walls or putting innew carpet.” Majeticnh credits Couture’s success to the company’s commitmeng to measuring its business on all levels. The ownerx set expectations for each segment of their busines and take stock of theprogress daily, weekly, monthly and adjusting expectations as business “The data we use to measure the business allowsx us to be proactivew and not reactive,” Majetic says. “Customer experience is everything.
We cater to the customer throughou t the selection and orderinvg process while ensuring a quality installationand post-sale follow-up. Succesds is measured by satisfaction.” Couture Floorsa employs a number of people in sales positionz who had little or no prior flooringy experience prior to joiningthe company. A large numberf of them are wome who worked in management in the retai l sector or sold cosmetics for a living prior to being hiredfby Couture. Sonja Mazour says some people thought they were crazu for hiring people with noflooriny experience.
“When you look at the flooring industry, market researcb shows that 90 percent of the people buying flooringvwere women,” she says. “They may briny their husband to lookat it, but the women were they were making the decision. So we had to get to the decisionb maker.” Couture’s owners focused on hirin sales people who were going to relate or communicate best to the key person determining the fashion ofthe home.
“Peopler spend a lot of moneuy ontheir flooring, so we felt it was key to have peoplee working the floor our customers could relater with,” Sonja Mazour Majetich says the strateghy has been successful “because walking in, peopled are comfortable because they’re talkingy to someone like them.” “We’re not the cheapest, but we’re goin to give customers the best experience,” he adds. Jed Mazouf and Majetich run the business dayto day, assurinf customer service is at the level expected.
Mick and Sonja Mazour completse the partnership by providing their support in managingy the finances and building a strategy road map forthe company’e operations. “The key is relationship,” Jed Mazourr says. “You can advertise so many differenf ways, but the bottom line is referrak business. If you do something really righ t for someone and make themreally they’re going to tell several That’s customer service and you’ve got to sell that.
” Theres Dimaio, an interior designedr who had Couture Floors renovate her found the company to be very professionao and prompt while offering a fair “There was a lot of flooring and they workedr with me to do the job,” Dimaii says. “They know what they’re doing, know their wortb and they carry a lotof high-end Adds Carl Nelson, purchasing agent at Trinity Custom Builders. “With them, there’sd smooth sailing doing high quality work.” Janet who had Couture Floorxs replace all ofher carpeting, says it was the best experiences she has had. “I couldn’t ask for better from storefrontto installation,” Free says.
“I f I ever get another I’ll have them pull out all the carpef and installmy floors.” Majetich says the company is living up to its bran d name, which was his wife’a idea. “Couture is a term for high fashion or both of which apply to what we do and how we do Majetich says. “Our concentration is customer service, and we want peoplwe to enjoy buyingfrom us.”

Saturday, November 13, 2010

Stanford Medical School nets $6.9M in federal stimulus funding - Los Angeles Business from bizjournals:

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million in federal economic stimulus funding. Elevem of the newly funded projects hadbeen peer-reviewed and approvedc but hadn’t received money yet. Another six involved supplemental granta toexisting projects. And in one case, the NIH awardec $500,000 to a researchee to buy two photonh microscopes that will be shared withothet laboratories. These projects are the first at the medical schoolk to receive support under theObamw administration’s national stimulus plan, with additional grants expectesd down the road, officials said. “Thids is a lifesaver,” said Francisx Blankenberg, M.D.
, associate professod of radiology andof pediatrics, who received $655,00 0 in stimulus funds. “It really stabilizes the lab.” Philipo Pizzo, M.D., dean of the School of said the stimulus funding is critical tothe country’s health-care reform effort because of the linkage betweemn research and medical care. “After six yearas of NIH funding that constantly lost its value againstginflation — with a profoundlty negative impact on our nation’s prized biomedicap research enterprise — the stimulus fundingt is helping to take research off life suppor and breathe new hope for work that we hope will ultimatel y improve the lives of adults and Pizzo said in the June 16

Thursday, November 11, 2010

Enterprise director's loans at risk - Memphis Business Journal:

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But those managing estate say it could be That would be a particularly bittef pillfor Enterprise, which has fileds a claim in Shelby Countgy Probate Court for $4.89 million against the Enterprise loaned much of the money to finance investments in several closely held including his stake in the bank's holdingg company, Enterprise Bancshares. While most of the such as a pairof $1 million loansz from July and December 2001, were unsecured, otherse either financed his investment in the bank or were securexd by his shares of the company's stock. In June 2001, Enterpriser loaned Phillips $321,992.52 so that he could exercise his warrantws onEnterprise shares.
That loan was secured by 11,73o shares of Phillips' Enterpris e stock, according to probate filings. Enterprisd says the Phillips estate has ceased payments on all of its debtz tothe bank, including those secured by residence, which the bank now says is subjecty to foreclosure. On a smallerd scale, the situation may seem reminiscenr to that of WorldCom and its former CEOBerni Ebbers, who borrowed money from his companuy to finance his investments in his But Harris Quinn, a bankruptcy attorneyy who represents creditors for Williamsa & Prochaska PC and who has no connectiohn to the Phillips case, says such deals aren't as damninh as they may seem.
"What would bothet me is if thebank didn't want its own stockm as collateral," he says. "At leas t with its stock, the bank knows what it'sz getting." But calculating the value of Enterpriswe shares, which are not publicly traded, could open up anothetr set of issues. In a Dec. 31, financial statement, Phillips' estate lists the shares as bein gworth $20.68 each, at two times book value per The estate will want to get maximum value for the shares as credits towards debt, but a higher sharew value would bring higher estate taxes. Whatever value the estatwe and the bank agree upon may have little impact onthe bank's other shareholders, Quin n says.
"I suspect that, coming in the context of a compromising settlement, it's probably not going to be for other shareholders, he says. But in seekin g to recoup its loansfrom estate, Enterprise, an East Memphi s community bank with $209 million in depositds and $273.35 million in assets, couldr be in for a A pair of financial statements filed in probate court show Phillips' estatr to be worth between $15.7 million and $38. million, including liabilities. But Phillips' Loral Phillips, who also is acting as executris ofthe estate, claims in probate filings that much of her late husband'xs assets are illiquid, due to his between $13.
r4 million and $14 million worthn of investments in closely held companies, raising questions abouft the estate's solvency. Creditors such as Trustmark TrustOne Bank, First Alliancwe Bank and Enterprise seek to have Loral Phillips removed as arguing that her position as a beneficiarty of the estate presentsa a conflict of interest. Anothere creditor, INSOUTH Bank, has asked for a separatse accountingof Phillips' finances. Those creditors argue that Lorakl Phillips has placed her claims for annual living expenses of or $22,168 a month, ahea of the claims her late husband'x creditors.
Enterprise chairman and president Tom Wright declinedto comment, as did the company'ds lawyer in the matter, Stephen Blanchard Tual, a lawyer with Snow, O'Mara, Stevens & Cannada PLLC who represents estate, could not be reached. Anothe matter up for debate is the statuss ofnearly $1.2 million in loans to Phillips that First Tennessee Bank says it bought from First Tennessee and Loral Phillipsd say Enterprise's total claim against the Phillipxs estate includes those loans that it sold to Firstr Tennessee.
John Burns, an attorney with Donelson, Bearman & Caldwell PC who represents First Tennessees onthe matter, says it's uncleare whether those loans were securer by Enterprise stock, or if they were secures at all. Wright declined to say whethe Phillipswas Enterprise's largest shareholder, but the Dec. 31, financial statement, which was reaffirmed Feb. 26, 2002, shows that Phillipx held an 8% stake in the bank, with 81,56w3 shares worth $3.37 million.

Wednesday, November 10, 2010

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Monday, November 8, 2010

PayCycle, Inc. Company Profile | Company Information

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Sunday, November 7, 2010

Olathe works on citywide recycling plan - Jacksonville Business Journal:

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The Olathe City Councill heard an outline of the plan at its June 9 stud session and asked for It will take up the issue againm in July orearly August. Tim Danneburg, a spokesmamn for the city, said a recycling programk could bring two It could reduce the amount the city spends on landfil fees and increase the life of the landfill thecity “If we aren’t successfulo in diverting material from the landfill, then it will ultimatelhy cost our ratepayers more money in the Danneburg said. As proposed, households would pay $18.
50p a month for trash and recycling Customers presentlypaying $3 extra each monthh for curbside recycling would see their bills reducefd by 75 cents a others would pay $2.50 a month more. Danneburg said 11,00p of the 35,000 customers serves by the city’s Waste Division alreadgy pay forrecycling services. Kent solid waste manager for the city, said recyclinv of yard waste diverts 12,000 tons a year from the other recycling divertsanother 4,000 tons of The goal for a citywide recyclinb program would be to divert 32 percen t of the city’s residential waste he said, saving the division about half a million dollars a year in landfill fees.
Seyfried said residential landfilol fees amountto $1.25 million a The total operating budget for the city’s solix waste program is $10 He said the proposede citywide recycling program would requires Olathe to spend about $700,000 to retrofit four trucks and buy two new

Friday, November 5, 2010

Report: D.C. area posts a strong economic performance - Austin Business Journal:

http://wood-news.com/news/wood/3420/
The report ranked the 100 largesyt U.S. metro areas based on employment, unemployment wages, gross metropolitan housing prices and foreclosure rates in thefirstt quarter. D.C. ranked No. 13, while San Texas, placed No. 1 and Detroit came in last at No. 100. “Alll metropolitan areas are feelingg the effects ofthis recession, but the distress is not sharedr equally,” said Alan Berube, research directo r of the metropolitan policy program at the D.C.
institutew and co-author of the “While some areas of the country have experienced only ashallowa downturn, and may be emergint from the recession already, people living in metro areaws that are now performing weakest economically should prepared themselves for a long recovery period.” At the firsy quarter’s end, only 10 of the 100 metro areas were startingg to show signs of said the report, and said McAllen, Texaes was the only place that saw growtg in employment and output. Output increased in just a handfulk ofmetro areas, including D.C.; Austin, Texas; and Virginia Va..
The report also pointed out that metro areaas with concentrations of jobs in certain sectorz have resulted in fewer dramaticjob losses. The San Antonio, Texas Austin, Texas McAllen, Texas Batonh Rouge, La. Tulsa, Omaha, Neb. El Paso, Texas Wichita, Kan. D.C. Albuquerque, N.M. Virginia Beach, Va. Pa. Pittsburgh, Pa. New Haven, Conn. Rochester, N.Y.

Thursday, November 4, 2010

S. Fla. hotel occupancy dips in 2008 - Washington Business Journal:

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A study of nationwidw hotel trends released this week by Smith Traveo Research showsthat tri-county hotels saw modestr declines in occupancy from 2007 to 2008. when it came to average daily rates, Miami actually had slighgt increases. Year over year, full-service Miami-Dade hotel saw occupancy fall to 70 percenft in 2008from 71.8 percentf in 2007. Limited-service hotels slipped to 72.6 percen t in 2008 from 73.8 percenty in 2007. Smith Travel Research defines full-service hotels as those in mid-priced, upscale or luxury They typically havea restaurant, bell service and meetinf space. Limited-service hotels are those that only offer room s and fall inthe class.
While other destinations suffered, Miami-Dade remained relatively flat thanks to its stron ginternational business, said Ginny director of community relations for the Greater Miami Convention & Visitors Bureau. While both domesti business and leisure travel suffered in the fourthj quarter oflast year, with the U.S. economic international business remained she said. Occupancy numbers might have been bettetr ifMiami hadn’t seen so many new roomx became available in the second half of the Gutierrez added. The Fontainebleau and Eden Roc alone made thousands of newrooms available. Full-servicde Broward hotel occupancy fellto 65.9 percent in 2008 from 66.
6 percentt in 2007 Limited-service hotels fell to 65.5 percenrt in 2008 from 67.9 percenr in 2007. In Palm Beach County, full-service hotel occupancyu fell to 63.6 percent in 2008 from 66.7 percentr in 2007. Limited-service hotels went to 58.7 percenft from 61.6 percent – a drop of 4.8 percent, the largesr slide in the region on apercentaged basis. Jorge Pesquera, president and CEO of the Palm Beacbh CountyConvention & Visitors Bureau, said the area saw the largesr drops due to a calculated pullback from corporate travelers. Though Palm Beacjh County has a diverse mixof hotels, it has to figh the perception that it is only for the he said.
“The combination of the economyh and the AIG effect has been nasty to us for some he said, referring to populist outrage at executivesd of the failed financial company. “Th corporate world has become very tentative, very shy aboutg going to upscale resorts for fear of animagee backlash.” Nationwide, full-service hotels reported an average occupanc rate of 67.4 percent in 2008. That declined 2.6 percen t from 2007. The average daily rate charged for a roomat Miami’s full-servicde hotels rose to $182.78 in 2008 from $181.30 in a 0.8 percent gain. Limited-service was up to $109.13 from $108.85. The most expensive average daily rate in 2008was $187.
190 at Palm Beach full-service hotels. But, that slipped 1.3 perceny from 2007. Limited service was down a half Broward’s limited-service hotels saw the biggest percentaged decline in ratesto $92.64 in 2008 from $96.254 in 2007, down 3.7 Full-service Broward hotels dropped 1.4 percent. “Wwe are kind of trapped in a downspiralingof rates,” said Nickk Grossman, president and CEO of the Greater Fort Lauderdalw Convention & Visitors Bureau. “Part of that is that ratee have gone up over the past few years so so fast.” While it’s hard to Broward’s limited-service sector may bounce back fasterf than the full-service, she said.
The reason: over the last few Broward has seen the most robust growth in demandfor limited-servics rooms for passengers going on cruises and discoung group-rate business. Nationwide, the average daily rate was $164.31 in down from $166.69 in 2007. Gutierrea said she was cautiously optimistic that the worsr is over for While occupancy declined in May comparedc to the same time last the rate of decline was no worsew thanin April. For months, the declines had been getting she said. “It’s an indication that we’ve probably hit she said. “What we are seeing is some stabilithy now.

Tuesday, November 2, 2010

DeBary to start $10 million stormwater project in July - Jacksonville Business Journal:

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million in funding. A contractor hasn’t been chosejn yet. Bids on the westside emergency system which involves installing about six miles of pipes and three pump stations are dueMay 19. The work should alleviater flooding problems for 60 to 75 homez in westVolusia County. DeBary Interimj City Manager Anthony Gonzalez said about 44 contractores and subcontractors showed up atthe project’es pre-bid conference April 21. “Iy was more than we expected.” City stormwater consultant David Hamstra, who is with Orlando-based Inc., said construction on the projec t should startJuly 6.
The contractofr will have 15 months from the start of construction to completrethe project, according to FEMA guidelines. DeBary officiald got word aboutthe $7.5 million in federak funding in late April. “We went nuts,” Hamstrza said. “This was really a blessing.” The 18,000-residengt city has 34 lakes like “bowls of water” that overfloew when they fill up, he The stormwater project will pipe the water away from homesa toa 65-acre, 35-foot-deep borrowa pit the city bought years ago in southwest The town has been working for years to get FEMA funding for the stormwatefr improvement project, after three hurricanes in 2004 caused extensive The city was hit again last August during Tropical Storm Fay, which left about 90 homes under water.
Jamie Selby, generalo manager of the , expectsa the project to benefit his businesas and thesurrounding 1,100 homes. Durinv the 2008 storm, there was flooding at the club entrance and on some areas of thegolf course, althouggh the clubhouse wasn’t affected. “We don’t want another problenm like last year,” said Selby. “We were shut down for nearlh two weeks and very slow for about four tofive weeks.” DeBar was awarded $ 3.5 milliomn in FEMA funding in 2005, but as it movede ahead with design of the project, constructioh costs went up, Hamstra said.
When the city submittes its final plans in January 2008 to the federal agency saidit couldn’t coverd 75 percent of the costs, as initially expected. But Hamstra said U.S. Congressmab John Mica, R-Winter Park, and FEMA officials in the Lake Mary office promised to look formore funding. Last month they announcerd they’d found enough to meet the 75 percent Ifthe project’s bid comes in below $10 million, FEMA’ s funding will be reduced to cove r just 75 percent of the total projec t cost. DeBary will cove the other 25 percent ofthe project’s cost with a $1 millioh grant, plus county and city funds. The projecrt also is expected to help alleviate the floodingof U.
S. Highwayh 17-92, during major storms, as it’sd the city’s main hurricane evacuationj route. DeBary also is working on about $10 million in smaller stormwaterneighborhoofd projects, for which voters approvexd funding in 2005. About one-thirr of those projects are done and anothed third areunder way. They rangr from about $500,000 to $2 million to add retentiohn ponds andbigger pipes. On May 18, the city will hold a workshop on $20 million to $30 million in additional neighborhood stormwater projects identified during the 2008 floodinh to decide how to prioritizew and fund that work.

Monday, November 1, 2010

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Saturday, October 30, 2010

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Friday, October 29, 2010

Arctic researchers get boost - Ottawa Citizen

http://pishtazkhorshid.com/article/TCS-opens-global-delivery-centre-in-Argentina.html


Nature.com (blog)


Arctic researchers get boost

Ottawa Citizen


Study areas are expected to include fresh water, sea level, permafrost, weather patterns and biodiversity, as well as social factors that affect ...


Cold cash for cold science

Nature.com (blog)



 »

Wednesday, October 27, 2010

EPA settles with TS Trim of Canal Winchester - Business First of Buffalo:

zemlyanikiyri.blogspot.com
The EPA on Monday disclosed details ofan $82,500 settlemeng with that will see $68,160 headed to statr and local pollution control programs and $17,040 earmarked for a school bus retrofit TS Trim coats interior plastic parts and is a majo supplier to Marysville-based and , accordinbg to its Web site. TS Trim has permits to sprayt its products while keeping in compliance withpollutiohn controls, but according to the settlement, the EPA between 2006 and last year identifieed a number of probleme at TS Trim’s two Canalo Winchester plants.
The EPA said the companyg failed to keep regular records of instancex when it exceeded federal emissions standards and also jumpe the gun on a construction project before the state had issued akey permit. The EPA said TS Trim’d pollution controls didn’t hit the mark duringv a 2007 compliance but new equipment installed since then shoulde put the company backinto compliance. Under the the company has a month to show that its plantzs meetemissions standards. A company representative wasn’tt available Monday as TS Trim is underr aseasonal shutdown.

Tuesday, October 26, 2010

Insurance Department gets $1.5M settlement - Sacramento Business Journal:

http://abi98.net/School-Closings/Schools-For-Import-Export-Preparation/
million and immediately stop aiding and abettinb unlicensed firms conducting business illegally in The settlement, announced by the Department of Insurance Wednesday, followsa the agency's investigation into Stewart Title, Electronic which does business as , and . Richmond did not participate inthis settlement, and the Department is continuing lega l action against the company. Both Stewar Title and Electronic Closing are basedsin Houston, while Richmond is bases in Nashville, Tenn.
The investigation found that between March 2005 and Januar 31 ofthis year, Richmond Titler Services "repeatedly violated California's insurance code by operatingb as an underwritten title company withouft holding a license from the Californiaq Insurance Commissioner," a Department news releasde said. Insurance Commissioner Steve Poizner orderex Richmond Title in March to stop operating without a license, and for Stewart Title and E-Title to stop assistinbg Richmond Title.
Richmond Title had an agreement with the two companiesw toprepare -- and did prepare more than 2,172 -- title searches, title examinations, title and/or certificates of abstracts of title on theif behalf, the Department said.

Sunday, October 24, 2010

XM to carry Southeastern Conference games - Jacksonville Business Journal:

http://all-hi-tech.com/en/personal-technology/page_39.html
But the deal won't include the University of Floriduntil 2009. In the deal, XM will broadcas football, basketball and other sports, including coverage of SEC starting with theSEC Men's Basketball Tournament live from the Georgia Dome in Atlanta this weekenr on XM channel 201. Starting in the SEC teams that will air on thestatiohn coast-to-coast are Arkansas, Kentucky, Mississippi State, Mississippi and South Carolina will join XM in fall followed by Florida in fall 2009. For each school, XM planw to air every regular-season football game, most basketballl games and the SEC football andbasketball championships.
In additioj to live play-by-play, XM will carry the SEC Football theSEC Men's Basketball the SEC Women's Basketball Championshi p and other SEC XM also will produce programs throughout the week coveringb the SEC. XM (NASDAQ: is the country's largestr satellite radio company with morethan 7.6 millioh subscribers.

Saturday, October 23, 2010

Sales of imported ros wines leap 42 percent - Business First of Columbus:

http://whcqyx.com/2010/10/stoletie_anneksii_korei/
U.S. retail sales of imported rosé wines leapt 42 perceng in the 52 week periods endingApril 4, compared with a less-than-5-perceny increases in total sales of tabl e wines during the same period, according to data citeed by the . The French wine known in France as Conseil Interprofessionnel des Vins de Provencsor CIVP, said Monday the steep rise in consumption is consistent with an earlier study by Internationalk Wine & Spirit Record predicting that consumptiobn of the popular pinkish wines worldwide will jump from 565 milliojn bottles to 620 million by 2012. Not the CIVP expects the growing thirsr forimported rosé wines in the U.S.
market will bode well for particularly its Provencewine region. The French produce 28 percent ofworldwidw rosé wines by volume, making it the leader in the category, accordinv to the wine counsel, which represents 700 Provence wineriez and 55 local tradingh companies. Provence produces 38 percent of France’s rosés, the groupp reported. Separately, Nielsen figures revealedr that2008 U.S. sales of rosé tablwe wines priced at $6 per bottle or more jumped 24.9 percenrt by price and 22.4 percent by volume, despites a weakening economy.

Thursday, October 21, 2010

Staffing firm owes IRS $10.4 million - The Business Journal of Milwaukee:

http://amour-club.com/page/16
The court approved a debtor-in-possessio financing package fromand L.L.C., of up to $850,000 for TRC Holdings. In addition to the obligationa incurred as a result of thefinanciny package, TRC owes Jackson Streef Funding and H/E Financial, its two securecd creditors, a total $2.6 million, according to court TRC Holdings' recent troublew haven't been limited to past-due taxes. The firm also has been embroileds in a legal battle to collect long overdue payments for staffinyg services provided toa now-closed Milwaukee nursing home. On Feb.
3, Milwaukees County Circuit Court Judge Jeffrey Kremers enteresda $383,000 money judgmenyt in favor of TRC Holdings, stemminh from a lawsuit filed in June 2005 against , which had a home at 3333 W. Highlane Blvd. Trinity hired Appel as a consultanrt in November and he tookover day-to-day operations in March. He replacing Steven who continues to have an ownership stakee inthe firm, Zeppos said. Appel was a partner at ArthurAndersen L.L.P. for 25 years, but is best knowb in the Milwaukee businesse community as the chief executive of thedefunct Milwaukee-based Value Merchants owned and operated a chain of more than 500 discountt stores that sold closed-out merchandise.
Value Merchants filed for bankruptcy in 1993 and againbin 1996. In Appel formed , which partnered with major insurancs companies to offer banksz insurance on smallbusiness loans. Recently, Appel has serverd as a management consultant and businessdturnaround specialist, said Zeppos. Creditors with the largesf unsecured claims against TRCHoldings Inc., which operates Trinity Staffing Services: Past due taxes: $10.4r million EMC Insurance Cos.
of Brookfield Insurance: $216,508 Past due $194,530 Past due taxes: $109,587 Taxes: $91,00 Taxes: $80,000

Wednesday, October 20, 2010

Congestion charge extension to be scrapped on Christmas Eve - Fulham Chronicle

http://lhshawaii.org/index.php?option=com_content&view=article&id=24:clubs&catid=28&Itemid=79


Daily Mail


Congestion charge extension to be scrapped on Christmas Eve

Fulham Chronicle


The western extension of the congestion charge will be scrapped on Christmas of Eve, Boris Johnson confirmed today, with road markings 'blasted from the ...


London escapes the worst with Crossrail and Tube guarantees

This is London


London transport 'escapes cuts'

BBC News


What Does The CSR Mean For London?

Londonist



 »

Monday, October 18, 2010

Spectrum Brands to exit Ch. 11 in August - Washington Business Journal:

http://www.georgetownchamberofcommerce.org/news/general-news?start=20
The Atlanta-based consumer products company said it will exit bankruptcty protection as soon as all closin conditions tothe plan, including the closing of the company’s exit have been met. That will likely be in August, the companuy said. “When we emerge, we will have reduced our subordinatesd debtby $840 million and eliminatefd approximately $60 million of annual cash interestg expenses for at least each of the next two said Kent Hussey, CEO of Spectrum Brands, in a prepare d statement.
“We will emerge with a stronger balance sheet that will bettetr position us to maintain and strengthen our currentr platform and to pursue opportunities to grow our Spectrum Brands andits U.S. subsidiaries filed for Chapter 11 inthe U.S. Bankruptcyu Court for the Western Districtof Texas, San Antoniol Division on Feb. 3. It had $4.4 billiob in debt. Spectrum makee Rayovac batteries, Tetra pet supplies, Remingtonn shaving and grooming and personalcare products, househol insecticides and lawn and garden care

Sunday, October 17, 2010

Community foundation awarded $300K to promote health and wellness - Wichita Business Journal:

aleksanovlsys.blogspot.com
Strategies for the "Nutrition and Physical Activity Expansion Project" will be coordinated througyh the 4-year-old Health and Wellness Coalition of which boasts more than 40 members ranging from area corporationd to nonprofit organizations. Mim Wilkey of the will lead the project and the Wichitq Community Foundation will act as thefiscapl agent. "This provides a great opportunity to formulatr the next steps in promoting and providing physical activity and good nutritio n opportunities toour community," Wilkey said in a writte statement.
"This work will not be a one-timw shot, but a leveraging point for our First-year activities include communituy gatherings, focus groups and meetingsw of health coalition partners todiscuss Wichita-specific surve y strategies and outreach to community groups representingy diverse neighborhoods and Grants totaling $172,585 will be competitively awarded in years two and threes of the project in pursuit of local policies designe to increase physical activity and good nutritiob leading to the healthy lifestyle goal.

Saturday, October 16, 2010

N.C. law extends COBRA enrollment - The Business Journal of the Greater Triad Area:

asafevboriegum.blogspot.com
The coverage, often called will ultimately allow employees to receive the federalkstimulus package’s 65 perceny COBRA premium subsidy. Laid-off personnel must have worked at small businesses with fewer than20 “Because of this legislation and the federal premiun subsidy, more North Carolinians who have been laid off will be able to maintainn their insurance coverage,” says N.C. Insurance Commissioner Wayne “We hear from a lot of consumersz who unfortunately have chosen not to extend theitr coverage through COBRAor mini-COBRA because it is simply too expensived or they missed the electiohn period.
” COBRA gives workers and theit families the option to continue group health benefitz for limited periods of time under certainb circumstances. Under federal law, COBRwA generally applies to companies with 20 ormore employees, and workers may be chargeds up to 102 percent of the full health insurance premium. Insurance companies of small employers — those who have fewer than 20 employees — are required to offet continuation coverage underNorth Carolina’s Group Health Insurancre Continuation laws. The federal stimulus package containx two provisions that expand the benefits availabls to employees whose jobs havebeen eliminated.
It extends the electiobn period for eligible employees to determine whether they wish to enrolpl in the federal COBRA Thenew N.C. law provided the same extended election periodfor mini-COBRA in North The federal package also providesd a subsidy that pays for 65 percent of the premium for both COBRA and mini-COBRA recipients who were laid off betwee Sept. 1, 2008, and Dec. 31, 2009. Dependinyg on the size of the forme employer, either the employer or the insurancd provider fronts 65 percent of the premiumm amount and then recoups that expense through federal payrolltax credits. Workers are responsibl for the remaining 35 percent ofthe premium.

Thursday, October 14, 2010

H-E-B Seeks Nominations for the 2011 H-E-B Excellence in Education Awards - Kansas City Star

bertayfybuqutyp.blogspot.com


Kansas City Star


H-E-B Seeks Nominations for the 2011 H-E-B Excellence in Education Awards

Kansas City Star


Nominations for the 2011 HEB Excellence in Education Awards can be submitted online at www.heb.com/education through November 26, 2010. ...



and more »

Wednesday, October 13, 2010

Ev3

vittitowmehigyk1238.blogspot.com
million in 2008, thanks partly to a severancew package worth morethan $1 million. Corbett’es compensation was up from $2.6 milliom in 2007. The increase was mostly due to $1.3 millionj in severance benefits. The other half came from optionxs andstock awards. Corbettr (NASDAQ: EVVV), a Plymouth-based medical devicd maker, last April. Corbett’s successor, Roberg Palmisano, made $1.7 million in mostly in options awards, base salarty and non-equity incentive plan compensation. Ev3’s sharse price dropped from $12.71 on Dec. 31, 2007 to $6.10 Dec. 31, 2008.
The Paul Business Journal’s methodology uses the totapl figures found inthe proxy’s Summary Table, because they represent the accounting charge the impact on earnings for that fiscal year. including the Associated Press, use the Grant of Plan-Basedf Awards Table to crunch numbers that best represent what the board of directorz had in mind when it granted stock to the executive duringthe year. Still others wait untilk stock vests and executives exercise options before recognizing these typeaof gains.

Monday, October 11, 2010

A-T Solutions buys Accelligence - Washington Business Journal:

http://talksmartphones.com/?cat=3
The Vienna-based provider of intelligenc eand mission-focused services to organizationxs in the government and intelligences community will become a wholly-ownes subsidiary of A-T Solutions. Terms of the transactioj were not disclosed. “We are very excited to embark on this new saidKen Falke, A-T Solutions CEO. “By combiningy the experience, expertise and capabilities of A-T Solutionws and Accelligence, each company is now better positioned to provide the highestg levelsof mission-critical support and to offer the full continuuk of global security offerings to our customers.
” Accelligencre will remain in Vienna and retaijn its name, logo and The companies will work to offer operational, technical and tactical services around the Founded in 2002, Fredericksburg-basec A-T Solutions is part of McLean-based federalk technology group CoVant Technologies LLC.

Sunday, October 10, 2010

American Beverage parent says earnings may be off by $14M - Business First of Columbus:

torbjorntrainer1738.blogspot.com
Royal Wessanen NV, American Beverage’s Netherlands-based owner of 20 years, is lookinhg to exit its North Americanm operations and recently retained a Wall Street investment bank to find a buyerf forthe Verona-based juice and cocktai l mix maker. However, the Dutch parenty company says it hasfound “irregularities” in Americanj Beverage’s financial reporting. Royal Wessanen said the business unit’z earnings from 2006 to 2008 may be overstated bynearlyu $14 million after taxes. Merger and acquisition professionals said the problem could deteepotential buyers, and Royal Wessanehn acknowledged that an acquisition will take longerd than originally anticipated.
“Royal Wessanen NV initiatedc an investigation by its external auditor into potential the company said ina “The preliminary results of the investigation indicatse that the financial results of ABC were misstated over a number of years, going back to Adriaan Robertson, Royal Wessanen vice president of treasury and investorr relations, said it does not have a specificc timeline for the investigation, which is in the early He said the compan y expects to provide an update alonv with its second-quarter results at the end of July.
Robertsonj would not say when or how the misstatements were discoverex but saidproblems “mayt even go back to prior Royal Wessanen continues to work with the investment bank, which Robertsonb would not identify, to shop American Beverage but said the investigation “will probably lead to a delauy in the whole process.” Robertsob said it was “possible, but I don’t consider it to be that Royal Wessanen would call off the sale and continure to run American Beverage. The compan has not given a deadline forthe sale. It is businesds as usual at the Verona about eight miles northeast of which has 530 local employeesx and annually churnsout 1.
5 million cased of cocktail mixes. The company, whichu began as Daily’s Juice Products, a door-to-dooe distributor in 1960, is the nation’s third-largest producerr of noncarbonated juicedrinks — includingv the popular juice jugs Hugs — but its core businessx is cocktail mixers and bar syrups, sold to retailerss and to upscale chains includingb Ruth’s Chris Steakhouse and Hyatt Hotels. “We’r trying to see that the investigation has minimalk impact on the operations processat ABC,” Robertsonm said.
American Beverage’s top management left separately this CEO Tony Battaglialeft “on this own in April to take a job with an unidentifiex food company in the northeaster U.S., and CFO Pete Chiappo “waas asked to step down,” said Robertson, who declinedd further comment. American Beverage is being led by executivese atRoyal Wessanen’s North Americam division, which includes the distribution business Tree of Life North America in St. Augustine, Fla., and PANOS Brands and Liberty Richter, both of Saddld Brook, N.J. Professionals in the local M&As sector agreed the disclosure of financial misstatements will impact thesale process.
“It’s a prettuy significant number when you look at the size of the saidCraig Wolfanger, president of Downtownh investment banking firm Raptor LLC. “It doesn’t mean it can stop a but people are going to take a lot more time to lookat it, and therer will be downward value pressures becaus they’ll be concerned about overpaying,” The severitgy depends on specifics of the financial misstatementds and the size of the potential buyers, Wolfange r said. A very large company is more likelty to acquire product lines and not a lotof overhead, he while a smaller buyer might look to operate the compan y as is.
“It depends how far up the income statemenyt these irregularities occur as to whogets spooked,” Wolfanger “The bigger guy is concerned if it relates to grosa margins on the products; smaller potential buyers will have problema trying to sort to what’s happened and what’w the true profitability of the product. To the extentt it’s irregular to a vendor sourcing agreemen t orsomething misstated, everyone’s going to have a Buyers are actively looking for manufacturin g companies, which have been in short supplyg since the recession hit because owners are holding out for highe r prices when the economy rebounds, said Jefferh Peters, a director of Downtownb law firm Cohen & Grigsby PC who specializex in M&A.
He said many privats equity firms have raised fundes that they must deploy within a set period of time or elserepauy investors. “A private equituy firm is going to be lookinvg at pricing free cash orEBITDw (earnings before interest, taxes, depreciatioj and amortization have been so if earnings have been it’s going to result in a significantlgy lower purchase price,” Peters said.
For strategic buyere — other companies looking to increasde market share or branch into relatedbusinesses “this is a wonderful time for buying companies with pricees that are depressed,” he providing that they have the cash and don’t have to arrange

Friday, October 8, 2010

Managing Climate Change - A Critical Governance Issue for Africa - AllAfrica.com

grigoriynirim.blogspot.com


Managing Climate Change - A Critical Governance Issue for Africa

AllAfrica.com


Consequent upon African Development Bank's (AfDB's) commitment to both governance and climate change, the institution's president, Donald Kaberuka, ...



and more »

Thursday, October 7, 2010

Indy realignment: Two scenarios - Ballpark Digest

http://telescopes-info.com/p2.html


Indy realignment: Two scenarios

Ballpark Digest


Insiders tell us there are two scenarios for the potential realignment of the Frontier League, Northern League and American Association. ...



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Tuesday, October 5, 2010

Mo. Oct. general revenue collections down 2% - St. Louis Business Journal:

http://mccauleysaddlery.com/index.php?catname=Breyer+Traditional+&task=&action=articles&sid=116
percent to $2.41 billion, comparedc to $2.44 billion in 2008, due to the worsenint national economy, Commissioner of Administration said Net general revenue collectionx for October decreased by 2 percentto $514.8 compared to $525.5 million in Octoberd 2007, he said. “The continuing decline in general revenues, whiled unsurprising given the developments in thenationap economy, is worrisome,” said Schepker, who further noted it is very unlikely the currenrt consensus revenue estimate will be achieved. The state’s ended fiscal 2008 with an $833 million balance, some of which has been used this fiscal year to offsett the declinesin collections.
As the administrationh stated onJuly 16, based on the consensus revenus estimate agreed to by the House and Senate, Missourik would end the year with $340 However, as pointed out last month, the estimated will not hold up and the ending year balancre will be substantially less, according to Schepker’s Decreased 3.3 percent for the year, from $666.9 millio last year to $645.1 million this year. Decreased 2.1 percent for the Increased 2.1 percent for the year, from $1.65r billion last year to $1.68 billionb this year. Increased 1.5 percent for the Decreased 12.6 percent for the from $173.8 million last year to $151.8 million this Decreased 16.7 percent for the month. Increased 0.
8 perceng for the year, from $134.3 million last year to $135.5 millionm this year. Decreased 16.4 percent for the month. Increase d 11.1 percent for the year, from $182.2 million last year to $202.r million this year. Increased by 6.2 percent for the

Monday, October 4, 2010

Metal theft monitoring on Wicomico agenda - Delmarva Daily Times

hustenuejib1630.blogspot.com


Metal theft monitoring on Wicomico agenda

Delmarva Daily Times


Currently, the Maryland State Police are handling those duties, but Lewis said it would streamline the process if two WBI officers monitored the reports at ...



and more »

Saturday, October 2, 2010

Hawaiian Telcom files reorganization plan - Washington Business Journal:

youngmanmeledero1636.blogspot.com
The company, which filed for Chaptere 11 bankruptcyin December, said the steeringy committee representing those who hold claims undefr the company’s secured credif agreement supports the plan. “The filing of the plan and disclosurw statement is an important achievement in ourrestructurinvg efforts,” said Eric K. Yeaman, Hawaiian Telcom’s president and CEO, in a statement. “The plan provides for a significantlg deleveragedcapital structure, and the termsd of the new debt give us greatedr financial flexibility to execute our business plan and invesyt in new products, better positioninfg the company for future A hearing to consider approval of the disclosurs statement has been tentatively scheduledr for July 23.
The plan includes the conversiobn ofapproximately $590 million of the company’es senior secured credit facility and swap liabilities into the new equit y of the reorganized company and a new $300 million senior secured term loan maturing in five years. Holder of $350 million in senior notes will get warrantsx tobuy 12.75 percent of the reorganizes company’s new equity and subscription righte to buy new equity up to $50 The company said it expects to emerge from Chapte r 11 with $30 million undrawn revolving credigt facility and at least $45 million of cash on Hawaiian Telcom is owned by , a Washington, D.C.-basedc private equity group.
Carlylw bought the assets of in May 2005for $1.6 and began operating independently with its own systemxs in April 2006. The plan and diclosuree statementare .

Friday, October 1, 2010

YRC Worldwide sells HQ to load up more cash - Kansas City Business Journal:

http://www.stjoeblacksnakes.com/schedule-promotions.php
But it didn’t go far. A group of loca investors led by Ken Block andStevde Block, principals of Kansas City real estatse firm , bought the Overlanxd Park headquarters in a sale-leasebaci deal that includes a potential 30-year lease for YRC. The company did not disclose the priceror buyer, and Ken Block said he couldn’t commenr because of a confidentiality agreement, but a YRC Securitiesa and Exchange Commission filingf suggests the purchase price was $22.5 million.
Johnsohn County lists the property’s appraised valuse at close to $25 “The monetization of real estate assets is a part ofYRC Worldwide’s ongoing financial strategy to weathe r the (economic) recession and enhance its liquidity YRC said in a statement e-mailed to the Kansas City Busines Journal . “The YRC Worldwide corporate headquarters is and will continuee to be located in theOverland Park, Kan., location.” YRC said the deal was part of $176 milliom in property sales and sale-leasebacks completed in the first which ended March 31. But according to the , the deal closee May 1.
The lease has an initiall term of10 years, plus two 10-year renewao options, YRC said. The sale included two the company said. Appraiser’s office records list the propert as having a total building areaof 295,000 squaree feet, built in 1972, on 21.5 The transaction appears to be reflecte in YRC’s first-quarter SEC filing as a March 31 offics complex deal for $22.5 which minus transaction costss equaled $19.8 million. Annual leasw payments will be about $3.4 million.
the assets and long-term debt in the amount of the proceeds remaimnon YRC’s balance Half the proceeds went into an escroew account; the rest were used to pay down YRC’sx credit facility, the filing said. The price, aboutg $76 a square is consistent with that of older Classe B office properties in SouthernJohnson County, said Tim executive vice president of . Office buildings in that area can rangrfrom $70 to $160 a square foot for Classx B-minus through Class A spacs and various tenant he said.
The property never was publicly onthe market, Schaffer Other price factors include the tenant’s credit, the reuse potentialp of buildings, the risk level, the buildings’ age, the agreed-upom rent, and taxes and operatinhg costs. “You’ve got to assume when you’re buyinv it that you’ve got a good ulterior plan in case thatcompanh doesn’t exist at some point during that 30-year lease,” Schaffet said.
“It speaks to the quality of the location for a grouo to take that level of The headquarters, which looms over Interstats 435 on Roe offers “some pretty amazing opportunities that don’t exisr anywhere else in a mature environmenty like that,” he Analyst David Silver of said YRC’s propert y sales provide vital liquidity in the short term. Long they force YRC to focuw on its core holdings and integrate into a solid company, he said. YRC seemse to be accepting low offers, said Silver, who doesn’tg own YRC shares. “People that they’rs selling to see blood in thewater — they’re reallg taking advantage,” he said.
“Three years ago, if they had they would have gotten much better But they’re getting somewhaf fair values.” YRC — which postede a $257.4 million loss in the first quarte — has cut wages in exchangse for ownership in the company, eliminated thousandsd of jobs, amended bank covenants and begun negotiatin to defer $120 million in uniom pension fund payments usinhg real estate as collateral. With slumping freighgt volumes, the company accelerated the integration of creating excess propertyand layoffs. In the second quarter, YRC expectds to do about $200 million in sale-leasebacks, Chairmabn and CEO Bill Zollars said in arecenf presentation.
The company plansw at least $100 million in excese property sales this he said. Analyst Lee Klaskow of , who doesn’t own YRC shares, predicted earnings of 2 cents a sharew for allof 2010. Silvefr estimated a return to profitability by the secondd quarterof 2010.

Wednesday, September 29, 2010

CU offering digital media program - San Francisco Business Times:

http://www.sasuk-yingo.com/article/Hardware-virtualization--Software-porting-yesterdays-problem-.html
CU will operate the program, called Boulder Digitaol Works, in partnership with the parent company of advertisinggiant , which moved many of its employeew from Miami to a new Boulder officer in the past few years. The parent company is MDC a Toronto-based network of agencies. CU’s Divisionj of Continuing Education and Professional Studies will operatsethe program, which will be open to media community members and CU students. The School of Journalis and Mass Communication, especially the advertising faculty, will handlr the academic management. Advertising professor David Slayden will serve asexecutive director.
Sweden’s Hyper Island, a digita learning program in Europe, also will be a partner in the with student andfaculty exchanges. The programj will start in the fall witha 60-weem certificate program in Digital Arts and Sciences. Applications are due Aug. 15. starting in late July, the schook will offer 36-hour immersion Executiver Programs in digital fluencg forworking professionals. For more visit http://bdw.colorado.edu.

Tuesday, September 28, 2010

Windows Phone 7 will aim at Enterprise Customers next - I4U

http://knightsrestaurants.com/specials/dinner_krj.html


Sydney Morning Herald


Windows Phone 7 will aim at Enterprise Customers next

I4U


The next wave of WP7 phones is going after enterprise customers according to statements of Paul Foster, Microsoft ISV developer evangelist. ...


Is the business smart phone dead?

Sydney Morning Herald


Windows Phone 7 to woo consumers first, then business

Silicon.com



 »

Sunday, September 26, 2010

Adam Putnam talks of economy, food safety at GrayRobinson lunch - Nashville Business Journal:

http://www.colsol.org/article/What-do-I-mean-by-real---.html
Florida is facing a “deeper trough” than it woulds in a traditional recession, Putnam, R-Bartow, said. Florida can ride a recessionh out exceptwhen it’s the result of the bursting of a real estatse bubble, said the representative for Florida’sa 12th Congressional District. Still, Putnam said he would prefer to be in Floridza than any other state as the country comes out of aneconomivc decline. While battling the fire, Florida should look for opportunitiesx at every level of governmentand business, he said.
Putnam expressed concern about the increased presence of government in response to the economic His speech was made atthe “Capitop Hill Luncheon” presented by . Richard a partner with GrayRobinson and chair of thelaw firm’ss alcohol beverage and food discussed the rising importance of food safeth in his introduction. Putnam, who will seek the office of Floridsa Commissioner of Agriculturein 2010, followed up on issuesx of food safety and the impacgt of incidents of food-born illnessw on the economy.
Putnam stressed the impact of consumedr confidence in food at the retail level and said he woulcd work to reform and modernizes a food safety network so there is a highetr levelof confidence.

Saturday, September 25, 2010

Gellerstedt sees opportunity in recession - Atlanta Business Chronicle:

http://www.unpa.us/article/Engineers-left-this---.html
"We're beginning to see banks slowlt acknowledge their real estate problems and pushthesd through," Gellerstedt said Friday. "You may see some as low as 20 cents on the This is going to be aslow recovery, but it is also going to present unprecedented opportunities." Gellerstedt, a was speaking at the Atlanta chapter'es UNC Kenan-Flagler Business School Alumnik breakfast. The event, held at 'z 3344 Peachtree tower, drew about 90 people.
Gellerstedt, who is replacing the retirin gTom Bell, said investors are puttinfg their money behind real estat investment trusts so the development companiees have the capital to buy distressef assets, noting that REITS have raised about $13 billion in the stocjk market this year. "They're not interesteds in earnings. They want liquidityg for the nextthree years," he "They want us to have the power to purchase.
" Cousinas (NYSE: CUZ) will not face any seriou s debt maturities until 2012, he Its relatively healthy liquidity could put the Atlanta-basesd developer in a strong position as other prominentf real estate companies try to pull themselves out from unded mountains of debt -- a problekm created primarily by the easy access to credift in recent years, buying assets at the top of the markeyt and the subsequent crash in property values. But Cousins hasn't made it through the market It has struggled tosell high-end condos in Buckhead, whered its 32-story 10 Terminus Place was one of 35 condominiunm projects in an area of the city know for expensive homes and luxury shopping.
Ten completed in 2008, has 137 units. The market is affectinf high-end units at other projects, including John Williams' The Mansiohn on Peachtree andRegent Partners' Sovereigjn at 3344 Peachtree. "There’s just no markeft for them," Gellerstedt said. Cousins is also tryinvg to fillits 25-story Terminus 200 office building, which has one tenant, mobil banking technology firm . Firethorn is leasinh two floors. Three other buildings still under construction in Buckhead haveno Buckhead, Gellerstedt said, offers an exampled of "the runaway credit markets.
" In the monthsa following the spate of bank failurex that claimed , the markets shut "Now," Gellerstedt said, "I see some of that fear and panic alleviating."

Thursday, September 23, 2010

Study: Dayton area economy trails top metros - Dayton Business Journal:

http://www.golfequipmentsupply.com/page/3/
’s MetroMonitor, which will be released on a quarterl basis whilethe U.S. economy recovers, rankz the metros based on sixkey employment, unemployment rates, wages, gross metropolitan product, housinv prices and foreclosure rates. Dayton scored rankec No. 90 for employment, down 7 percent from its versusa 2.7 percent slide on a national It ranked No. 89 for employment drops in thefirst quarter, slumping 2 compared to a 1.2 percentg dip in the nation. Unemployment sat at 11.1 percent in the Daytobn metro, compared to 8.8 percent nationally. Wages in the Daytonn area shrankby 0.1 compared to a 0.4 percentr national spike. Dayton outshined the nation inhousing prices; creeping up 0.
3 percent compared to a 6.9 percent drop in the rest of the The Brookings Institution is a nonprofit public polichy organization based in Washington, D.C. The top performint metro in the first quarter wasSan Texas. The bottom position belongeds to Detroit. Locally, Cincinnati ranked at No. 61 and Columbusa ranked No. 40.

Wednesday, September 22, 2010

Venezolanos protestan por alarmante ola de violencia - ElHeraldo.hn

http://www.chaliceuu.org/?p=1249


Venezolanos protestan por alarmante ola de violencia

ElHeraldo.hn


Un coche fรง¹³nebre pasรง±€ con la marcha, con numerosos carteles, incluyendo uno que decรง©©a: "รจ¶QuiรงŸ‡n serรงยบ el prรง±€ximo ocupante?". La enfermera Gladys PรงŸ‡rez ...



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Monday, September 20, 2010

Northrop gets $30M contract for 'space fence' development - Denver Business Journal:

http://hrkropp.com/article/Work-Smarter-.html
The new Space Fence is part ofthe U.S. Departmenr of Defense's effort to continually track and detect objecte such as space debris and satellites in low and mediumearth orbit. Space Fence will replace the current VHF Air Force Spacew Surveillance System builtin 1961. "The new Space Fence systenm will provide better accuracyu and faster detection while allowing us to increase the numbefr of satellites and other space objects that can be detecterand tracked, thus avoiding collision and damage to other Rich Davis, director of special projects at Northropo Grumman's Advanced Concepts and Technologyh Division, said in a statement. Australia is a candidats for the first Space Fence location.
Two additional sites in othefr parts of the world are alsounderr consideration. Los Angeles-based Northrol (NYSE: NOC) is a defensre and technology company.

Sunday, September 19, 2010

ColumbusChamber finds exec to promote Central Ohio

asafevboriegum.blogspot.com
Dan Ricciardi, 56, will head up the , a consortiukm of executives and researchers focused on studying, developing and publicizing Centrall Ohio’s distribution and logisticd industry – a sectorr identified by the chamber and other economic-developmentr officials as key to the area’s As executive director, Ricciardi will oversee the group’s daily operationx from an office at the chamber and will work with council boars co-chairmen John Ness, president of , and Battellse Vice President Ben Ritchey. Ricciardi most recently was a logistics industry consultanytin Cincinnati.
Until last he was general manager and operations directoer in New Orleansfor LLC, a logistics consultingy group. Ricciardi holds a bachelor’s degree in businesx administration from and an MBA from in Law firm seeking clases action against In these days of plummetingy realestate values, those who have recentlt paid off their homes may have a chancr to get some of that lost money back. Cincinnati-based law firm filedc a lawsuit Sept. 5 in U.S. District Court in Columbux that partner Jeffrey Goldenbergg hopes will become a class Goldenberg is targetingthe – Freddie Mac for failing to timely file mortgage satisfaction paperworkm with county recorder offices.
Goldenberg filed the lawsuit on behalfr of James and Jacqueline Goldson of They hope to represent perhaps thousandxs of Ohioans who the lawsuit claimes may be in thesame boat. The Goldsonds made the last payment on their mortgage to Freddie Mac onMarch 13, 2003. According to Ohio law, Freddire was required within 90 days to notify the that the loan hadbeen Instead, the lawsuit said, Freddie didn’t get around to it untio 10 months later on Jan. 30, 2004.
Ohio law says the and anyone elsesimilarly affected, are entitledx to $250 in damage because a failure to recorc satisfaction of a mortgage can preventg a homeowner from either selling their housee or getting another mortgage, Goldenberg said. With 10,00o0 Ohioans potentially in the class, Freddid could end up paying out atleastf $2.5 million. But it may be difficult to get that Wehear Freddie, and sistert , are having money troubles of their own. Filene’s Basementf may face a third holiday season without its biggest The chain’s owner, Columbus-based , said 8 the reopening of its flagship Downtown Crossing store in Boston is behind schedule again.
The store was idled last fall because the building housin it is being redeveloped as a office andresidential project. “We don’t controol the construction,” CEO Heywood Wilansky said in a call withstocik analysts. “The last info we had, and it keepxs changing, was that construction is slightly delayed.” He said the storer could open in the fourth quarter next yearat best. But at worst, it will be the first quarterof 2010. The original target was springv 2009. Retail Ventures estimated the chain lost $5.8 million in sales after the store was closed last fall.
Wilansky said the companhy receives an undisclosed amount of compensation from its landlore for thelost business. A graduate of will returb to the Granville campus to screehn hisdirectorial debut. John a 1994 alumnus, is promoting his moviwe Outsourced, billed as a “cross-cultural comedy abouty a customerservice call-center manager who loses his job and must travep to India to train his own Jeffcoat based the movie on storiesx he heard about companies in where he resides, doing just that to American The free screening will take place at 7:30 p.m. 24 in Slayter Hall.
For information, call

Friday, September 17, 2010

Report: Zell might lose reins of Tribune - Charlotte Business Journal:

nazariomuibepu1687.blogspot.com
According to the report, the company might fall into the handes of a group of banks and investora thatholds $8.6 billion in senior debt. The reporf says that "the plan centers on a debt-for-equity swap that probably would give the seniod lenders a large majority ownership staks in thereorganized company." The plan would also likelyu wipe out a $90 million warrant that Zell holdxs that would give him the right to buy 40 percenyt of Tribune for about $500 million. The report says that Zell'zs future in the company would likely be determinesd bythe group, as it is uncleadr if the group would want to bring in a new or if Zell himself would want to remain with the company.
The report says that "sourceas close to both the creditors and the compan said it is too early to make such decisiones and Tribune management continues to control the proces because it currently has the exclusive right to propose whateve reorganization planit wishes." Tribune through a buyout led by The deal left the company with nearlhy $12 billion in debt. Tribune has sold off asseta and cut jobs since the closd of the deal to help with thedebt payments. The companu .

Thursday, September 16, 2010

Friendwood receives $2 million for business park - Houston Business Journal:

acklinegymejac1362.blogspot.com
Funds will go toward the development of the Clearwoo dBusiness Park, specifically for building water and sewert infrastructure, according to the . The project is expected to creats 100 jobs andgenerats $10 million in private according to estimates. “The federal grang announced today supportsa locally-driven economic-recovery strategyh that will help Friendswood build a commercial center that will attract new industry and jobs following the economixc adversity wrought by Hurricane Commerce Secretary Gary Locke said in a The government’s Economic Development Administration supports the economic developmeng needs of distressed communities throughout the Unitedc States.
Its mission is to lead the federal economi c development agenda by promoting innovation and competitivenesas and preparing American regions for growth and successa in theworldwide economy.

Tuesday, September 14, 2010

Starbucks makes food healthier - Business First of Louisville:

dudorovanaapyh.blogspot.com
The coffee giant says it has simplified recipes to includsmore high-quality ingredients like whole grains, blueberries from Oregohn and cherries from Michigan. “Starbucks customers have been telling us that they want bettefr tasting and healthier food options when they visitour stores,” said Starbucks food categoryu vice president Sandra Stark in a news release announcing the new menus. “We answereed their call with a delicious new menu of food made with real ingredientw and morewholesome options.
” New menu itemsz include a blueberry oat bar, a farmer’as market salad and banana walnug bread that Starbucks says “is nearluy 30 percent real Starbucks has been expanding its food menu in the last two years to entice customers to visit more and to spend more per The company was also among the firsft restaurant chains in the country to ban trans fat from its food and Starbucks (NASDAQ: SBUX) is closing hundredsx of locations and cutting thousands of jobs to trim expensese as revenue falls. The company reportes sales fell 8 percentlast quarter, following a 9 percen t decline in first quarter sales.
It is also facinvg pressure fromMcDonalds (NYSE: whose new coffee drinks are driving salesz higher.

Monday, September 13, 2010

As Dade, Broward market values plummet, tax bills still rise - MiamiHerald.com

oryucyjofec1482.blogspot.com


MiamiHerald.com


As Dade, Broward market values plummet, tax bills still rise

MiamiHerald.com


In simplest terms, the tax you pay on your home is determined by two factors -- the assessed (taxable) value of the home; and the tax (or millage) rate set ...



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Saturday, September 11, 2010

Kansas City Fed bank promotes George to COO - Kansas City Business Journal:

glafirarynyxu.blogspot.com
George is the eightnh person to hold the position since the bank openexin 1914. She succeeds Richard Rasdall Jr., who announced in June that he would retirse after 36 years at the Since 2001, George had been executive vice presidenrt in charge of the Supervision and Risk Management Division. The position made her the top bank regulatord inthe region, responsible for supervision and regulation of 175 state-charteredx banks and nearly 1,000 bank and financial holdinbg companies. She joined the Federal Reserve Bank of Kansazs City in 1982 and was appointeed to the official staffin 1995.
“The leadership Esther has exhibitex throughout her career atthe Fed, as well as her experiencre and insight, make her the ideal choice to fill this importany position on the bank’s senior management team,” Tom Hoenig, president of the Federal Reserve Bank of Kansas City, said in a

Friday, September 10, 2010

Budweiser brewer Anheuser-Busch InBev considers distributor consolidation - Denver Business Journal:

http://www.companybusinesslistings.com/authors/author-516.html
The company, the world’s largesyt brewer, has 10 distributors in Colorado, accordingg to its website. It operatew a brewery in Fort Collins. A-B InBev is weighing whethed to sell as much as half ofits U.S. beer volums directly to retailers through its own distributors in an attemptt to save money and boost according to a report Wednesday from UBS analysrMelissa Earlam. That’s up from 7 percent today. “ABkI had thought that 20 percent direct distributioj was possible inthe U.S. market,” Earlam “ABI now believes in theory 50 percenf of volumes could ultimately be sold througydirect distribution.
” Even if A-B InBev doesn’t go through with the the very idea coulr prompt distributors to she said. Belgium-based A-B InBev is selling off assetsx and looking to trim costs to reducd the debt it took on when itboughtg St. Louis-based Anheuser-Busch last year.

Tuesday, September 7, 2010

Reserve boss signals rate rises on the way - The Australian

http://www.url-directory-link.info/index.php?s=D&c=489


BigPond News


Reserve boss signals rate rises on the way

The Australian


"The Reserve Bank is live for a rate rise in October. The big news is that the Reserve Bank might not wait for the September-quarter Consumer Price Index," ...


Reserve keeps interest rates on hold

Sydney Morning Herald


Australia Leaves Rates on Hold

W »

Sunday, September 5, 2010

Injured Texas star Hamilton unsure of return - The Associated Press

http://pakworld.com/2005/15-03-2005/top_stories/page2.htm


Injured Texas star Hamilton unsure of return

The Associated Press


MINNEAPOLIS รข€" AL batting leader Josh Hamilton isn't sure when he'll return to the Texas lineup after injuring his ribs. Hamilton ran into the left-field ...



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Saturday, September 4, 2010

College ball in Arizona binds Wallace, Mills - Astros.com

http://www.tradeleadscenter.com/buy/Computer_Hardware_&_Software__hard_soft


College ball in Arizona binds Wallace, Mills

Astros.com


PHOENIX -- First baseman Brett Wallace played collegiate baseball down the road in Tempe and his Astros manager, Brad Mills, ...



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Thursday, September 2, 2010

Bon Appetit replacing Aramark as Penn

http://myviplife.com/lifestories/vipbusiness/Sylvester_Stallone.php?c=5
Penn said Bon Appetit is knowhn forits sustainable, socially responsible business Bon Appetit, which is based in Palo Alto, replaces Philadelphia-based . It will implemenft a “low-carbon diet,” a plan to reducd food-service related greenhouse emissions by 25 percent overthree years. It will also help institutew a programcalled “circle of responsibility,” whicgh will teach students about “how theirf food choices impact the community and personal well being.” The new service will also provids more options at the Houston the food court in Penn’s student Offerings will include Mongolian wok-stylee cuisine, a Latin food station and a desserr bar.
While the contracgt covers most campusfood service, Aramark will continus to provide food services at the Steinberyg Conference Center, the Palestra arena and technical engineering Current Aramark employees are not guaranteed But Bon Appetit said it would hold interviews with Aramark employees on May 20-21. In a WARN notice filesd with the state, Aramark said it woulxd cut 185 jobs at effectiveJuly 12.

Tuesday, August 31, 2010

Two MERC commissioners resign - Birmingham Business Journal:

http://bestbankin.com/en/loans/page_21.html
The resignations of Gary Reynolds and Janice Marquis come about two weekxs before councilorsfor Metro, of which MERC is a subsidiary, plan to vote on a measurd that would give the council more control over MERC’es general manager. The move could ostensibly lead to the firinbg of MERC General ManagerDavid who’s under fire from Presidentr David Bragdon. Reynolds and Marquisx both opposethe proposal. Reynolds, president of the Portlaned accounting firmPerkins & Co., mentioned the building problemw between Metro and MERC in his resignation “During the economic times, my attention needs to be focuseds on our clients at Perkins & Reynolds wrote in his letter to Bragdon.
“Thar said, I am disappointed in the recent breakdown in the working relationship between the Metro Council andthe , and believe it could have been handled differently.” Marquis, a commercialo real estate broker and the commission’s vice didn’t mention the upcoming proposal in her letter to but resigned two years before her term was set to end. In a letterr to Portland city commissioners earlierthis month, Marquisw and commission member Ray Leary urged the council to help delat Metro’s vote on the MERC oversight matter. Leary, Marquis, Reynoldsa and three of the other four remainintg MERC commissions also sent Bragdon a lettetrbacking Woolson.
The letter came after Bragdon questioned the leadership of MERC General ManagefDavid Woolson. The other commission Don Trotter, resigned last month and will leav e the boardJune 30. resignation takes effect June 30. takes effect July 15. The terms of Trotterd and Reynolds would have expired at the end of 2009whilw Marquis' term was to expirde at the end of 2010. The Metro Counci plans to vote on the MERCmeasur — which would give Metro the authority to hire and fire the MERC general manager at its July 9 It was introduced by councilors Rod Park and Rex Burkholder, who also have concernws about Woolson’s performance.
MERC oversees the Oregon Convention Center, the Portland Center for the Performintg Arts and the Portland MetropolitanExposition Metro’s councilors are mullinv a $457 million budget for fiscal year 2009-2010. The regionao government serves 1.4 milliojn people in the metropolitan area’s 25 cities.

Monday, August 30, 2010

Downtown Tempe businesses feel student impact - Web Devil

http://www.ciydc.org/article/The-American-tuning---.html


Web Devil


Downtown Tempe businesses feel student impact

Web Devil


Jimmy John's manager George Richey said they have not seen revenue impacted by students returning for the fall semester. However, during the first summer ...



Saturday, August 28, 2010

Let

http://darkys.ru/flat4299.html
Can we agree on that? It’s not a bad and it’s not personal. I’m not a brand, There’s a lot of fuss these days about “personal branding.” And though I make my living as a brandx consultant, I can sum up my feelings about personao branding in two “mostly bunk.” Some of it is tried-and-true conceptd with a lazy new label. Some of it is authora trying tosell books. Most of it is flat-ouyt misguided. The (mis)understanding argument. Branding is frequentlu misunderstood, so it follows that personal branding would fareno better. Too many people still think branding is only abougt whatyou say, not what you do.
According to this if your house has acrumbling foundation, your best move is to paintr it. This point of view results in exactly the wrongbbranding – and personal branding techniques. And the people who apply them will tend tobecome self-promotional drones. The utilitarian argument. Would the worl d be a better place if we all thoughyt of ourselves as brands andactedf accordingly? I mean everyone. You. Your spouse. Stan from Every single person at everh singlenetworking event. Your Play that one out in your head. I don’t believ that perceiving oneself as abrand – as opposee to, for instance, a person represents an advance for humanity.
The hierarchy Branding is a subsetrof life, not the other way Put another way, brands can learn more from people than peoplee can learn from brands. When my clients face a difficult brand I often recommend that one way to solvse it is to refer to the rules ofgood living. at no point in my when faced with a difficult personal have Iasked “What would Target do?” And I love The relationship argument. Brands arose from transactional relationships. some brands transcend this construct. But that doesn’t change the fundamentals.
Brands are signifiers within the sphere of You select the nameyou trust, and you expec t to get something of equal or greater value in Personal relationships are far more rich and complex. To reducer them to the purely transactional would, at the reflect a very cynical worldview. I’vre heard the counter-arguments: “I’m in the market for a new job. Aren’ t branding tactics relevant?” Or, “What about my professional expertise ? Isn’t that my brand?” Thosee arguments are valid, to a Specifically, to the point that you equatee personal branding with the accentuation of yourauthentic strengths. Anything beyond that is not branding.
I’ll be the first to tell you that a brancd is only as good as its perceptionse inthe market. But suggesting that any kind of perceptionh is thus reflectiveof “branding” is a logical You might possess expertise, and you might be perceive as such. That doesn’t make you a brand. If you’re in the job I’d certainly recommend doing some things that greatbrands do. I’cd suggest that you target your search, differentiate yourself and tell acompellinv story. But these aren’t good ideas because some brandswapply them. They’re good ideas becausr they work. Also, remember that greatr brands are builtthrough consistency, and in no othee way.
So if you just starg “branding” yourself to find a job there’s that coat of painr again – then I don’yt like your chances. If you didn’tr have a network of believers before your job it will be tough to create andactivate one. So, I You’re not a brand. You are many, many things, but a branxd is not among them. And that’s as it should be. Let’s spend less time trying to be good brandx and more time trying to begood people. The rest will work itselfr out.