erofeyporgrinin.blogspot.com
Despite sluggish investment, the annual survey conductedc by and the capturedsubstantial optimism. “While the recessionm has slowed the pace of venture investing in theshorrt term, it may very well have expedited the global evolution of the industry in the long run,” said Mark Deloitte LLP’s national managing partner of venture capitap services. “In recent many entrepreneurs who have been educated in the United Statesd have returned home to starrt companies in their home The playing field continues to level out in terms of new innovationhhot spots, broader access to capitalk and growing regional ecosystems that foster risk taking and capitap formation.
” And venture capitalists agrer that investments are more likely to increase outside of the Uniter States than domestically in the next threes years. Half of the venture capitalists surveyed said investmenty will increase inAsia (excluding India); 43 percentf named India; 36 percent selectedf South America; 25 percent said Europe and the United Kingdom. Just 17 percentt said investment would increase inNorth Fifty-two percent of all venture capitalistd surveyed said they already invest outside theirr home countries.
“As the survey results we will see more globalization in the next not only in terms of investmenta but also in fundraising and exits as saidMark Heesen, president of the NVCA. “Those countriez that can nurture entrepreneurs and investors as well as offefr attractive exit opportunities have the most to gain economicallyt in thenext decade,” he added. Survey respondents said China stood to benefig most from shifts in investment caused by the economic When it comesto fundraising, the majority of VCs predictex that more of their limited partnersx would come from outside their home and 38 percent said they expected the number of foreign limited partners to remain unchanged.
Among limited venture capitalists if any are likely to reduce their investmentes in venturecapital funds, those limited partnerds would come from the financial industry, especiallyt from commercial banks. Other findings from the survey includefd another vote of confidence for investment in thecleantech sector. The survey suggests most venturecapitalists aren’t changing which industries they are funding, and cleantechg is one of tho industriezs getting a lot of attention.
More than 60 percen t of the venture capitalistx surveyed said they expect to increase theire investments in cleantech in the next three Other industry sectors that investors expectf to give increase investment to include medical devices and and new media andsociakl networking.
Friday, December 31, 2010
Wednesday, December 29, 2010
Southern Durham Development sues county as Jordan Lake watershed war escalates - Triangle Business Journal:
joep-detsamijasa.blogspot.com
has filed a lawsuit against Durham Count y to force the county to recognizse watershed boundaries that were on county maps between 2006and 2008. The which paid $18 million for the wants to develop the property located westof N.C. 751, near wherr it intersects withFayetteville Road. In the suit filef Wednesday in Durham the company asks a judge to declare the watershed boundaries approved in 2006 by formetDurham City-County Planning Director Frank Duke to be valid and for the countt to pay damages to Southern Durham Development in excesds of $10,000.
According to the the land’s previous owner, (Nasdaq: founder Neal Hunter, paid for a survey of the property that showes the property was outside the watershef boundaries toJordan Lake. As a result, Duke adjusted the county’ds maps. Based on that the lawsuit says, Southern Durham Developmen t purchased the property with the intention ofspending $500 millio to develop as many as 1,300 residential 600,000 square feet of retail and office plus an elementary school, a middle school, a sheriff’s substation and a fire station.
But some city and countt officials started questioning the validity of the survey and the watershedboundary lines, despites a review of the boundaries by the Nortb Carolina Division of Water Quality that backed Duke’ decision. Earlier this year, the Durha m County Board of the Commissionerw voted to invalidate the boundary change s approved in 2006 and to begin a formalrezoningf process. That process, according to the suit, has stallefd development and cost the company To download a PDF ofthe complaint, .
has filed a lawsuit against Durham Count y to force the county to recognizse watershed boundaries that were on county maps between 2006and 2008. The which paid $18 million for the wants to develop the property located westof N.C. 751, near wherr it intersects withFayetteville Road. In the suit filef Wednesday in Durham the company asks a judge to declare the watershed boundaries approved in 2006 by formetDurham City-County Planning Director Frank Duke to be valid and for the countt to pay damages to Southern Durham Development in excesds of $10,000.
According to the the land’s previous owner, (Nasdaq: founder Neal Hunter, paid for a survey of the property that showes the property was outside the watershef boundaries toJordan Lake. As a result, Duke adjusted the county’ds maps. Based on that the lawsuit says, Southern Durham Developmen t purchased the property with the intention ofspending $500 millio to develop as many as 1,300 residential 600,000 square feet of retail and office plus an elementary school, a middle school, a sheriff’s substation and a fire station.
But some city and countt officials started questioning the validity of the survey and the watershedboundary lines, despites a review of the boundaries by the Nortb Carolina Division of Water Quality that backed Duke’ decision. Earlier this year, the Durha m County Board of the Commissionerw voted to invalidate the boundary change s approved in 2006 and to begin a formalrezoningf process. That process, according to the suit, has stallefd development and cost the company To download a PDF ofthe complaint, .
Sunday, December 26, 2010
bizjournals: Search Results
ethelbertdiya3334.blogspot.com
by on July 14, 2009 ...Beveragw Group, which has been funding operations at trouble Napa wine shipper inrecenyt weeks, said in a July 6 memo by on July 8, 2009 ...Inertiaz Beverage Group, which has been funding operationss at Napa wine shipper in recenrt weeks, said in a memo to New by on July 6, 2009 ... , a Napa-based wine-shippin and distribution companywhose saga...... by on June 11, 2009 ...ib principle with Silicon Valleyh Bank to acquire its debt positionin , IBG said late Fridau morning. Officials at the Napa-based...... by on June 5, 2009 ...800-Flowers.comj Inc. had a deal to acquire the remnantsof , a spokeswoma for the troubled Napa wine-shippingg and fulfillment......
by on June 4, 2009 ... , a Napa wine shippinbg and fulfillment company thatsent the...... by on June 1, 2009 ...merchandisingg and David Do, vice president of operations. Last Napa's , which also ships wine direct to announcedit was...... by on June 17, 2009 one of 360 Global's bankruptcy attorneys. Brilpl and Bryan said , a shipping and fulfillmenrt firm, and all of the winery...... by on Decembee 14, 2007 ... , a wine shipping and fulfillment company, has acquired Wrap-It...... by on March 9, 2007 ...smallee players include Napa-based Scion Advisors, Napa marketinbg and shipping specialist , and WineSpring, part of San Franciscol startup IVYWorldwide Inc...... by on February 9, 2007 ...
, a wine-shippinhg and logistics specialist, named Jordan Copland of...... by on Augusy 16, 2006 ... , which helps Bay Area wineriesw ship their waresdirectly to...... by on July 21, 2006
by on July 14, 2009 ...Beveragw Group, which has been funding operations at trouble Napa wine shipper inrecenyt weeks, said in a July 6 memo by on July 8, 2009 ...Inertiaz Beverage Group, which has been funding operationss at Napa wine shipper in recenrt weeks, said in a memo to New by on July 6, 2009 ... , a Napa-based wine-shippin and distribution companywhose saga...... by on June 11, 2009 ...ib principle with Silicon Valleyh Bank to acquire its debt positionin , IBG said late Fridau morning. Officials at the Napa-based...... by on June 5, 2009 ...800-Flowers.comj Inc. had a deal to acquire the remnantsof , a spokeswoma for the troubled Napa wine-shippingg and fulfillment......
by on June 4, 2009 ... , a Napa wine shippinbg and fulfillment company thatsent the...... by on June 1, 2009 ...merchandisingg and David Do, vice president of operations. Last Napa's , which also ships wine direct to announcedit was...... by on June 17, 2009 one of 360 Global's bankruptcy attorneys. Brilpl and Bryan said , a shipping and fulfillmenrt firm, and all of the winery...... by on Decembee 14, 2007 ... , a wine shipping and fulfillment company, has acquired Wrap-It...... by on March 9, 2007 ...smallee players include Napa-based Scion Advisors, Napa marketinbg and shipping specialist , and WineSpring, part of San Franciscol startup IVYWorldwide Inc...... by on February 9, 2007 ...
, a wine-shippinhg and logistics specialist, named Jordan Copland of...... by on Augusy 16, 2006 ... , which helps Bay Area wineriesw ship their waresdirectly to...... by on July 21, 2006
Friday, December 24, 2010
Laugh out loud - Baltimore Business Journal:
http://icfijaipur.org/help-for-those-looking-to-use-a-movie-download-site.html
Not to be confused with a bizarre the tripto Poe's gravse was a part of a scavengeer hunt held by advertising agency as a way to buildx teamwork and knowledge abougt Baltimore. Outings and specialo events at Planit are common as part ofthe agency'xs theory of balance in the workplace. Members of the advertisinbg agency believe that with work comes and that even play can lead to greateer productivity among employees and enriched relationshipdwith clients.
"We don't discourage things like loud laughterd andbeing frivolous," said Matt Doud, presidenr and co-founder of Baltimore-based "I go in the elevator and theree are lots of suits, and that's But we foster fun and find peoplw who believe in it." Humor in the workplace is provejn to be a good asset of the officre dynamic, as well as for your health, according to a studyg from the . The studh indicated that people with heart disease were 40 percen less likely to laugh in a variety of situationa and events than those withouthearty disease. Dr.
Michael Miller, directodr of the Center for Preventive Cardiology at the Universit of Maryland Medical Center and associate professor of medicinee atthe , reported, "We don't know yet why laughinv protects the heart, but we know that mentapl stress is associated with impairment of the the protective barrier lining in our blood vessels. This can cause a seriesd of inflammatory reactions that lead to fat andcholesteroll build-up in the coronarg arteries and ultimately to a heart attack.
" Several additional including those done by the College of Williajm & Mary and Stanford University Schoolk of Medicine, also show that humor stimulatezs the brain, especially the frontal lobe, whic affects decision-making skills, and the prefrontal which is involved in language processing and memory. Studiesz that happiness and feeling fulfilled in life equate to more productivityg in the workplace may be the reaso why more companies are using humofr in the workplace to motivate andretaimn employees. But can humor sometimes go too far? says Stephanie Kinder, an attorney in downtownb Baltimore whose practice focuses on workplace trainingand discrimination.
"Make sure clientsw have a policy in and they should train employees on what is and is not Kinder said. Bottom line: There are certai n things you know you have to but sometimes there are some gray and that's what causes the problem, she A chuckle among a few close employeee may be a stroke of embarrassmenty to a fellow worker. One of Kinder's clientss recently sent an e-mail to fellow employeezs that poked fun at acertainb race.
The e-mail fell into the handsw of someone outside ofthe client'sz circle of friends who was of that and the joke stopped being Kinder says it can be a fine line as to what is especially when co-workers are friendsz and develop a comfortable relationship. Kinder suggestss a standard policy that addresses behavioer in the workplace and the disciplinarhy action that ensues after offensive Employees shouldn't be waylaid by office entertainment and either. Doud agrees that the fun shouldn't overshado the work that needs to be done by the end ofthe day.
Jill marketing coordinator ofthe , said employees are free to gauge their own workloads and participatr in fun company events at theire own discretion. In addition to the basketball hoopd in the office and happy hours at leasy oncea month, a recruiting firm, also plansx office trips to Atlantic City and rope challenge Mike Oliver, with Towson law firm Bowie Jensen LLC, uses humor as a way to communicats with his co-workers aboutg high-stress situations. "The character they most identify with me is the crispyhorange M&M, the one who's usually worried abouy everything.
So when I'm high stressed about deals, I put a littlre version of him on the door outsidew my office so people know not tocome in." The self-effacingy humor helps ease what would otherwise be tensionj in Oliver's office. The upward trend in makinhg the workplace a little more humorous and fun may also be attributerd to what Doud callssthe dot-com era. "It was a little bit of an eye-openinhg time in business," he said. "Wre realized that we can have it both to be successful at being hard working andhaving fun. The dreses doesn't always correlate. Goofy doesn'tt always mean lazy, and a three-piece suit doesn'ty always mean success.
" Make humor accessible to everyone, and not at someone else's expense or by excluding certain employees. Encourage family-friendlyt humor, with a G-rating.
Not to be confused with a bizarre the tripto Poe's gravse was a part of a scavengeer hunt held by advertising agency as a way to buildx teamwork and knowledge abougt Baltimore. Outings and specialo events at Planit are common as part ofthe agency'xs theory of balance in the workplace. Members of the advertisinbg agency believe that with work comes and that even play can lead to greateer productivity among employees and enriched relationshipdwith clients.
"We don't discourage things like loud laughterd andbeing frivolous," said Matt Doud, presidenr and co-founder of Baltimore-based "I go in the elevator and theree are lots of suits, and that's But we foster fun and find peoplw who believe in it." Humor in the workplace is provejn to be a good asset of the officre dynamic, as well as for your health, according to a studyg from the . The studh indicated that people with heart disease were 40 percen less likely to laugh in a variety of situationa and events than those withouthearty disease. Dr.
Michael Miller, directodr of the Center for Preventive Cardiology at the Universit of Maryland Medical Center and associate professor of medicinee atthe , reported, "We don't know yet why laughinv protects the heart, but we know that mentapl stress is associated with impairment of the the protective barrier lining in our blood vessels. This can cause a seriesd of inflammatory reactions that lead to fat andcholesteroll build-up in the coronarg arteries and ultimately to a heart attack.
" Several additional including those done by the College of Williajm & Mary and Stanford University Schoolk of Medicine, also show that humor stimulatezs the brain, especially the frontal lobe, whic affects decision-making skills, and the prefrontal which is involved in language processing and memory. Studiesz that happiness and feeling fulfilled in life equate to more productivityg in the workplace may be the reaso why more companies are using humofr in the workplace to motivate andretaimn employees. But can humor sometimes go too far? says Stephanie Kinder, an attorney in downtownb Baltimore whose practice focuses on workplace trainingand discrimination.
"Make sure clientsw have a policy in and they should train employees on what is and is not Kinder said. Bottom line: There are certai n things you know you have to but sometimes there are some gray and that's what causes the problem, she A chuckle among a few close employeee may be a stroke of embarrassmenty to a fellow worker. One of Kinder's clientss recently sent an e-mail to fellow employeezs that poked fun at acertainb race.
The e-mail fell into the handsw of someone outside ofthe client'sz circle of friends who was of that and the joke stopped being Kinder says it can be a fine line as to what is especially when co-workers are friendsz and develop a comfortable relationship. Kinder suggestss a standard policy that addresses behavioer in the workplace and the disciplinarhy action that ensues after offensive Employees shouldn't be waylaid by office entertainment and either. Doud agrees that the fun shouldn't overshado the work that needs to be done by the end ofthe day.
Jill marketing coordinator ofthe , said employees are free to gauge their own workloads and participatr in fun company events at theire own discretion. In addition to the basketball hoopd in the office and happy hours at leasy oncea month, a recruiting firm, also plansx office trips to Atlantic City and rope challenge Mike Oliver, with Towson law firm Bowie Jensen LLC, uses humor as a way to communicats with his co-workers aboutg high-stress situations. "The character they most identify with me is the crispyhorange M&M, the one who's usually worried abouy everything.
So when I'm high stressed about deals, I put a littlre version of him on the door outsidew my office so people know not tocome in." The self-effacingy humor helps ease what would otherwise be tensionj in Oliver's office. The upward trend in makinhg the workplace a little more humorous and fun may also be attributerd to what Doud callssthe dot-com era. "It was a little bit of an eye-openinhg time in business," he said. "Wre realized that we can have it both to be successful at being hard working andhaving fun. The dreses doesn't always correlate. Goofy doesn'tt always mean lazy, and a three-piece suit doesn'ty always mean success.
" Make humor accessible to everyone, and not at someone else's expense or by excluding certain employees. Encourage family-friendlyt humor, with a G-rating.
Tuesday, December 21, 2010
Unfinished business '07 - Washington Business Journal:
http://turkeyfinancial.com/news/2008/08/27/details-of-1-million-bank-accounts-sold-on-ebay/
After a series of layoffs since it was bought by in AOL announced in the clinchef inSeptember -- it wouled move its headquarters from Dulles to New The Big Apple is where its parentt Time Warner reigns, and it's the epicentetr of the advertising world. At the time, the company insistes the only change forthe 4,000 employees on the Dulles campus would be the senior managemenr team trekking north in the spring. But a month the media giant said it wouldcut 2,000 including 750 employees in Northernn Virginia by the end of the year, as part of its shiftingb strategy.
The proof was in the earnings: AOL continuecd to lose subscribers through the year and its revenue continued to a trend that upset Time Warnere investors looking for All of the free CDs AOL sentto consumers' homezs over the years to get them to sign on didn't pay off: AOL was forcef to alter its focus to generates money through advertising. The strategt was also reflected through the four advertising companies AOL boughtfin 2007: Quigo, Third Screen Media, and AOL first set up its regionall operations with an office in Tysons Cornerf 20 years ago and expanded to the sprawlingv Dulles campus in 1996.
AOL was bought by Time Warnedr inJanuary 2001, which left AOL with sweepingg layoffs and the campuse with less vitality. Dimensions Healthcare Systej found itself in the same financial straitsx as it was at the dawn of with little cash to sparr and its hat extendedd to state legislators in the hopesx of somebudgetary generosity. The Prince George's County hospita chain must repeat its steps nearly a year after apotentialo state-county $329 million funding plan dissolved in wee-hourd divisiveness on April 9, the final day of the Marylandd General Assembly session.
Aftet debates and appeals lasting into the earl morning ofApril 10, the Princer George's County Council gave an ironcladd thumbs down to the seven-year plan becausde it felt the county shouldered more of the financia l burden with less long-term payoff. The as a result, took on Dimensions' totap financial burden alone, through June 2008 at But even that plan hit delays as the countyu called for a Dimensions board the system retaliated witha $14 million lawsuit and the countyh retaliated with various appeals. The system's annuakl fall elections ultimately forced the management changw that county leaderslong desired.
One droppeed lawsuit later, the county began routing money once againb in November to the troubled as state legislators once again hunkered down to arrivw ata long-term funding plan. The approacnh Mayor Adrian Fenty has taken to deals he inheritecd from the previous administrationb andits semi-private development corporations, the NCRC and AWC, is Get 'em done. Except for Poplar Point, that is. While Fenty put his back into deals-in-progresxs for a new convention center the Southwest Waterfront and the return of Radio One to the he did the opposite withPoplar Point, optingb to end negotiations with , ownera of soccer franchise , and open the projectg to bidding.
That may well resultr in a better deal for thecity -- it has bids from four developmeng teams to consider -- but there couldd be collateral damage. Shots from Marion D-Ward 8, angry that economic development seems to be moving forwarfd everywhere except east of theAnacostia River, has hurt Fenty's image And MacFarlane, if it can'y reach a deal to build on has threatened to move to Maryland. Stay used to be one of the fastest-growing companies in and now it's quickly fading. The Lanham-based broadcast company that focusedson African-American and urban listeners exited several marketse in 2007, including Florida, Georgia and Minnesota.
In August, Chief Financiapl Officer Scott Royster announced he wouldx stepdown Dec. 31 afterr 11 years with the company to pursuer othercareer opportunities. The company has not announced a Citing what it calledsa "challenging radio industry environment," Radio One struggled to generate revenue as its profit s dropped. In its third-quarter earnings, Radio One reported net incomeof $4.8 down 40 percent from $8 millionm in the same quarter a year ago. Revenued for that quarter was $90.4 million, down 1.7 percen t from a year ago. In October, Radiio One agreed to sell its Miami radio station tofor $12.2t million and its five Georgia radio stations to in August for $3.1 million.
The company also sold its Minneapolidsstation KTTB-FM to Northern Lights Broadcasting for $28 milliomn and 10 stations in Ohio, and Louisville, Ky., to for $76 In a twist and despite its unpromising financials, Radio One agreex to acquire WPRS-FM in Washingtojn from in April for $38 million. The deal is expectedr to close in the firstquarter 2008. In a group of investors agreed to buy studentlender $25 Analysts hailed the deal as a win both for Reston-based Sallie Mae and the buyout group, led by private equit firms by LLC and , along with financial servicexs giants and
After a series of layoffs since it was bought by in AOL announced in the clinchef inSeptember -- it wouled move its headquarters from Dulles to New The Big Apple is where its parentt Time Warner reigns, and it's the epicentetr of the advertising world. At the time, the company insistes the only change forthe 4,000 employees on the Dulles campus would be the senior managemenr team trekking north in the spring. But a month the media giant said it wouldcut 2,000 including 750 employees in Northernn Virginia by the end of the year, as part of its shiftingb strategy.
The proof was in the earnings: AOL continuecd to lose subscribers through the year and its revenue continued to a trend that upset Time Warnere investors looking for All of the free CDs AOL sentto consumers' homezs over the years to get them to sign on didn't pay off: AOL was forcef to alter its focus to generates money through advertising. The strategt was also reflected through the four advertising companies AOL boughtfin 2007: Quigo, Third Screen Media, and AOL first set up its regionall operations with an office in Tysons Cornerf 20 years ago and expanded to the sprawlingv Dulles campus in 1996.
AOL was bought by Time Warnedr inJanuary 2001, which left AOL with sweepingg layoffs and the campuse with less vitality. Dimensions Healthcare Systej found itself in the same financial straitsx as it was at the dawn of with little cash to sparr and its hat extendedd to state legislators in the hopesx of somebudgetary generosity. The Prince George's County hospita chain must repeat its steps nearly a year after apotentialo state-county $329 million funding plan dissolved in wee-hourd divisiveness on April 9, the final day of the Marylandd General Assembly session.
Aftet debates and appeals lasting into the earl morning ofApril 10, the Princer George's County Council gave an ironcladd thumbs down to the seven-year plan becausde it felt the county shouldered more of the financia l burden with less long-term payoff. The as a result, took on Dimensions' totap financial burden alone, through June 2008 at But even that plan hit delays as the countyu called for a Dimensions board the system retaliated witha $14 million lawsuit and the countyh retaliated with various appeals. The system's annuakl fall elections ultimately forced the management changw that county leaderslong desired.
One droppeed lawsuit later, the county began routing money once againb in November to the troubled as state legislators once again hunkered down to arrivw ata long-term funding plan. The approacnh Mayor Adrian Fenty has taken to deals he inheritecd from the previous administrationb andits semi-private development corporations, the NCRC and AWC, is Get 'em done. Except for Poplar Point, that is. While Fenty put his back into deals-in-progresxs for a new convention center the Southwest Waterfront and the return of Radio One to the he did the opposite withPoplar Point, optingb to end negotiations with , ownera of soccer franchise , and open the projectg to bidding.
That may well resultr in a better deal for thecity -- it has bids from four developmeng teams to consider -- but there couldd be collateral damage. Shots from Marion D-Ward 8, angry that economic development seems to be moving forwarfd everywhere except east of theAnacostia River, has hurt Fenty's image And MacFarlane, if it can'y reach a deal to build on has threatened to move to Maryland. Stay used to be one of the fastest-growing companies in and now it's quickly fading. The Lanham-based broadcast company that focusedson African-American and urban listeners exited several marketse in 2007, including Florida, Georgia and Minnesota.
In August, Chief Financiapl Officer Scott Royster announced he wouldx stepdown Dec. 31 afterr 11 years with the company to pursuer othercareer opportunities. The company has not announced a Citing what it calledsa "challenging radio industry environment," Radio One struggled to generate revenue as its profit s dropped. In its third-quarter earnings, Radio One reported net incomeof $4.8 down 40 percent from $8 millionm in the same quarter a year ago. Revenued for that quarter was $90.4 million, down 1.7 percen t from a year ago. In October, Radiio One agreed to sell its Miami radio station tofor $12.2t million and its five Georgia radio stations to in August for $3.1 million.
The company also sold its Minneapolidsstation KTTB-FM to Northern Lights Broadcasting for $28 milliomn and 10 stations in Ohio, and Louisville, Ky., to for $76 In a twist and despite its unpromising financials, Radio One agreex to acquire WPRS-FM in Washingtojn from in April for $38 million. The deal is expectedr to close in the firstquarter 2008. In a group of investors agreed to buy studentlender $25 Analysts hailed the deal as a win both for Reston-based Sallie Mae and the buyout group, led by private equit firms by LLC and , along with financial servicexs giants and
Sunday, December 19, 2010
Sloan resigns from BofA board - Philadelphia Business Journal:
hundleyobajoji1908.blogspot.com
Sloan offered his resignation to new board chairman Walter Masselast week, the bank said in a May 29 regulatorg filing. BofA didn’t disclose Sloan’s reason for resigning. As the lead independent Sloan has been under intense criticism in recent monthsw as the bank suffered through a sharlp stock price decline after acquiring MerrillLynch & Co. BofA also has receivexd $45 billion of taxpayer aid. , a Houston-based investment firm that holdz 1.1 million BofA shares, was amon g several groups that waged a proxy againstfthe country’s largest bank holdinyg company, including calling for Sloan’s ouster.
Sloan was narrowly re-electedd to the bank’s board at the annual meeting in Meanwhile, shareholders voted to strio BofA Chief Executive Kenneth Lewis ofthe bank’xs chairmanship, and Massey was electe to take over board leadership. Lewis remains the bank’s CEO and Sloan, 70, served as a BofA director for 13 Duringhis tenure, Sloan served as chairman of both the executivre committee and the compensation and benefitsx committee. He also was a membert of the corporategovernance committee. “Temple has been a truste adviser who has made an invaluablr contribution to the success of our Lewis said ina statement. “We will miss his counselk and his leadership.
” BofA (NYSE: BAC) is based in N.C.
Sloan offered his resignation to new board chairman Walter Masselast week, the bank said in a May 29 regulatorg filing. BofA didn’t disclose Sloan’s reason for resigning. As the lead independent Sloan has been under intense criticism in recent monthsw as the bank suffered through a sharlp stock price decline after acquiring MerrillLynch & Co. BofA also has receivexd $45 billion of taxpayer aid. , a Houston-based investment firm that holdz 1.1 million BofA shares, was amon g several groups that waged a proxy againstfthe country’s largest bank holdinyg company, including calling for Sloan’s ouster.
Sloan was narrowly re-electedd to the bank’s board at the annual meeting in Meanwhile, shareholders voted to strio BofA Chief Executive Kenneth Lewis ofthe bank’xs chairmanship, and Massey was electe to take over board leadership. Lewis remains the bank’s CEO and Sloan, 70, served as a BofA director for 13 Duringhis tenure, Sloan served as chairman of both the executivre committee and the compensation and benefitsx committee. He also was a membert of the corporategovernance committee. “Temple has been a truste adviser who has made an invaluablr contribution to the success of our Lewis said ina statement. “We will miss his counselk and his leadership.
” BofA (NYSE: BAC) is based in N.C.
Thursday, December 16, 2010
Solutia completes sale of nylon business - The Business Journal of Milwaukee:
retention-jackjacks.blogspot.com
The sale includes the unit’s management and employees, as well as all five of its manufacturintg plantsin Alvin, Texas; Decatur, Ala.; S.C.; Pensacola, Fla.; and Foley, Ala. The nylojn business includes 2,000 of Solutia'se 5,100 employees. All 2,000, including 29 in St. became employees of the SK Capital SK Capital paidSolutia $50 million in cash for the nylon Solutia also received a 2 percent equity staker in the new company formed to hold the assets of the nylojn business. In addition, Solutia will receive $4 millionj in deferred cash payments to be paid inannual $1 million installments beginning in 2011.
SK Capitalp has secured replacementof $25 million of letters of crediyt associated with the nylon business, which has resulted in increased availability for Solutia under its credit agreements. The affiliats of SK Capital will assume substantially all of the liabilitiess of thenylon business, including employee and pensionm liabilities relating to the active employees of the business and environmental liabilities, said Solutia, which plans to use the proceedw of the sale to pay down debt undere its asset-based revolving credit facility. St. Louis-basex Solutia Inc. (NYSE: led by Chairman, President and CEO Jeffr y Quinn, develops specialty chemicals, fluids and other performance products.
The sale includes the unit’s management and employees, as well as all five of its manufacturintg plantsin Alvin, Texas; Decatur, Ala.; S.C.; Pensacola, Fla.; and Foley, Ala. The nylojn business includes 2,000 of Solutia'se 5,100 employees. All 2,000, including 29 in St. became employees of the SK Capital SK Capital paidSolutia $50 million in cash for the nylon Solutia also received a 2 percent equity staker in the new company formed to hold the assets of the nylojn business. In addition, Solutia will receive $4 millionj in deferred cash payments to be paid inannual $1 million installments beginning in 2011.
SK Capitalp has secured replacementof $25 million of letters of crediyt associated with the nylon business, which has resulted in increased availability for Solutia under its credit agreements. The affiliats of SK Capital will assume substantially all of the liabilitiess of thenylon business, including employee and pensionm liabilities relating to the active employees of the business and environmental liabilities, said Solutia, which plans to use the proceedw of the sale to pay down debt undere its asset-based revolving credit facility. St. Louis-basex Solutia Inc. (NYSE: led by Chairman, President and CEO Jeffr y Quinn, develops specialty chemicals, fluids and other performance products.
Tuesday, December 14, 2010
Selectmen Approve FEMA Pre-Disaster Mitigation Plan - Patch
enemerose-wisconsini.blogspot.com
Selectmen Approve FEMA Pre-Disaster Mitigation Plan Patch SWRPA utilized a grant from the Connecticut Department of Environmental Protection to develop a Predisaster Mitigation Plan for the eight municipalities ... Officials discuss Marshfield's hazard plan |
Saturday, December 11, 2010
AT&T, Panasonic enhance, expand partnership - Denver Business Journal:
thiswake-citizenship.blogspot.com
The Panasonic Toughbook 30 notebook computer and Toughbooko 19 convertible table have been certified to run onthe third-generation AT&T BroadbandConnect data network. In Panasonic and AT&T (NYSE: T) are working to make it easied for customers to purchase Toughbook mobile computerssand AT&T services through an expanded marketing and sales relationship. The two companiees will market the Panasonic Toughbookm lineswith AT&T service to companiew in the utilities, transportation, manufacturin and public safety industries. Panasonic and AT&T have offeree built-in access to wide-area wireless data networks for more than a This new level of service buildw onthis relationship.
Secaucus, N.J.-based Panasonic is a unit of Panasonif Corporation ofNorth America, which in turn is a subsidiaruy of Ltd. (NYSE: MC). San Antonio-basesd AT&T is a global communications holding company with operationsin IP-base d business communications services, wireless, high-speed Internet and voice
The Panasonic Toughbook 30 notebook computer and Toughbooko 19 convertible table have been certified to run onthe third-generation AT&T BroadbandConnect data network. In Panasonic and AT&T (NYSE: T) are working to make it easied for customers to purchase Toughbook mobile computerssand AT&T services through an expanded marketing and sales relationship. The two companiees will market the Panasonic Toughbookm lineswith AT&T service to companiew in the utilities, transportation, manufacturin and public safety industries. Panasonic and AT&T have offeree built-in access to wide-area wireless data networks for more than a This new level of service buildw onthis relationship.
Secaucus, N.J.-based Panasonic is a unit of Panasonif Corporation ofNorth America, which in turn is a subsidiaruy of Ltd. (NYSE: MC). San Antonio-basesd AT&T is a global communications holding company with operationsin IP-base d business communications services, wireless, high-speed Internet and voice
Thursday, December 9, 2010
Melvin dismissed as Diamondbacks manager; Hinch to take the reins - Phoenix Business Journal:
http://www.riyueming.com/scams_frauds/file-segregation.html
D-backs general manager Josh Byrnesz informed Melvin of his firing after the team arrived back from a road At 12-17, the Diamondbacks are in a virtual tie with the Colorado Rockies for last place in the Nationak League West. The new manager movesx over from his position as the vice president, player development. 34, who led the team'sz player development efforts for four has nomanagerial experience. The Diamondbacks also announcexd that Jack Howell is the new hitting coach and MelStottlemyrw Jr. is the new pitchingh coach. Rick Schu, hitting coach under Melvin, was also dismissed and that Bryan Price, Melvin's pitchint coach, resigned.
Melvin, who was nameds manager of the year when the team won the NL West crowj and advanced to the National Leagu Championship Seriesin 2007, had an overall recorr of 337 wins and 340 losses. Namer to the post following the Diamondbacks’ 111-loss season in Melvin has more wins than anyother D-backs Following the naming of the new the team opens a three-gams series against the Washington Nationals at Chase
D-backs general manager Josh Byrnesz informed Melvin of his firing after the team arrived back from a road At 12-17, the Diamondbacks are in a virtual tie with the Colorado Rockies for last place in the Nationak League West. The new manager movesx over from his position as the vice president, player development. 34, who led the team'sz player development efforts for four has nomanagerial experience. The Diamondbacks also announcexd that Jack Howell is the new hitting coach and MelStottlemyrw Jr. is the new pitchingh coach. Rick Schu, hitting coach under Melvin, was also dismissed and that Bryan Price, Melvin's pitchint coach, resigned.
Melvin, who was nameds manager of the year when the team won the NL West crowj and advanced to the National Leagu Championship Seriesin 2007, had an overall recorr of 337 wins and 340 losses. Namer to the post following the Diamondbacks’ 111-loss season in Melvin has more wins than anyother D-backs Following the naming of the new the team opens a three-gams series against the Washington Nationals at Chase
Monday, December 6, 2010
Independent Appeal: Ben's mother couldn't save him. then Barnardo's stepped in... - Independent
http://williamstanek.com/books/windows2000/index.htm
Independent Appeal: Ben's mother couldn't save him. then Barnardo's stepped in... Independent How do you stop black boys from the Leeds district of Chapeltown graduating to a life of crime? Jonathan Brown finds out When Ben Wilson's behaviour started ... |
Saturday, December 4, 2010
Coastside Children Illuminate Night of Lights - Patch
bhutan-warwick.blogspot.com
High In The Air | Coastside Children Illuminate Night of Lights Patch Snowflakes on Main Street, roasted chestnuts on an open fire, strolling carolers, and lots of old-fashioned, sm » |
Wednesday, December 1, 2010
Study: Few Birmingham firms to hire in 3Q - Nashville Business Journal:
http://www.zhyswh.com/flexibleproducts/full-documentation.html
Between July and September, 71 percent of locakl companies expect to maintain their curren t staff levels and another 15 perceny have plans to shed workers from their payrolld in the third quarterof 2009, the survey found. About 13 percenr of businesses in the regio are looking to expand their work which is about the same pace as thesecondx quarter. “The hiring activity is expected to be consistent to the previouds quarter when 13 percent of companies surveyed planned to increasw staff levels and 16 percent expectec tocut payrolls,” said Manpower spokesma Chad Brewer.
Nationally, out of more than 28,000p employers surveyed, 15 percent expect to increased their staff levels duringthe three-month while 13 percent expect to reduce their which results in a net employmentg outlook of 2 percent. For the cominbg quarter, job prospects in the Birmingham-Hoover metro area appea best inwholesale & retail financial activities, leisure, hospitalitu and government. Employers in construction, durable goods transportation & utilities, information, professional & business servicesw and education & health services plan to reducestaffinvg levels, while hiring in nondurable goods manufacturing and otherf services is expected to remain unchanged.
Between July and September, 71 percent of locakl companies expect to maintain their curren t staff levels and another 15 perceny have plans to shed workers from their payrolld in the third quarterof 2009, the survey found. About 13 percenr of businesses in the regio are looking to expand their work which is about the same pace as thesecondx quarter. “The hiring activity is expected to be consistent to the previouds quarter when 13 percent of companies surveyed planned to increasw staff levels and 16 percent expectec tocut payrolls,” said Manpower spokesma Chad Brewer.
Nationally, out of more than 28,000p employers surveyed, 15 percent expect to increased their staff levels duringthe three-month while 13 percent expect to reduce their which results in a net employmentg outlook of 2 percent. For the cominbg quarter, job prospects in the Birmingham-Hoover metro area appea best inwholesale & retail financial activities, leisure, hospitalitu and government. Employers in construction, durable goods transportation & utilities, information, professional & business servicesw and education & health services plan to reducestaffinvg levels, while hiring in nondurable goods manufacturing and otherf services is expected to remain unchanged.
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