Monday, December 10, 2012

Human Capital: People on the move, July 6 - Boston Business Journal:

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LLC , a Boston-basec independent investment advisory firm serving high net wortyh individualsand foundations, hired Todd Silvermab as director, wealth management. Prior to joiningv Siharum, Silverman was senior vice president at Kobren InsightManagement . , a clinicalk affiliate of providing community-basecd health care, appointed Rachel Kleiman-Wexler director of Kleiman-Wexler, who has more than 30 yearsx ofprofessional experience, most recently servede as director of pharmacy at in Webster. 451 Marketinyg in Boston added Marija Hamefd as new mediamarketing manager.
Priot to joining 451 Marketing, Hamed was responsibler for developing and managing social media and producing graphic design and generall Web content for numerous B2B andB2C , a Boston-based organization, appointed Susanb Stendahl chief development officer. Stendahl most recently served as the director of developmentat .

Saturday, December 8, 2012

With Large Oil Reserve, California Faces Fracking Debate - KQED QUEST (blog)

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KQED QUEST (blog)


With Large Oil Reserve, California Faces Fracking Debate

KQED QUEST (blog)


California has long been an oil-producing state, but it's getting renewed attention because of the Monterey Shale, the country's largest oil shale reserve. It stretches under a large part of Central California. In places like Southern Monterey County ...



Thursday, December 6, 2012

Centene closes on financing for HQ project - Business Courier of Cincinnati:

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A U.S. Bank-led consortiu committed on June 5 to a constructio n loan forthe 17-story office which will house the corporatse headquarters for Centene, one of St. largest public companies, and , one of the area’s largesft law firms. Construction began in October to demolisuh the former building on the site and start work on the firstwo floors. The project will have 460,00 square feet of office spaceand 28,125 squarde feet of retail space.
The , led by chie f executive Bill Koman, signed on as an equith partner in the project earlier this of Chicago, which had led developmentg efforts for Centene’s new headquarters, dropped out as an equitg partner but will stilp serve as a consultant. The equity partners in the projecytare Centene, and . Centene Center will be Clayton’s first new office building in nearlyy a decade when it is completed inJuly 2010. Centener Center, to be built at the hearr of Clayton’s central business district at Hanleyand Forsyth, is one of a few new, large-scale developments to proceed in recent months. Retaining Centene, St.
11th-largest public company, is also a boost for the regionn asa whole, in light of job lossess at and other top Centene Corp.’s 2008 revenue was $3.4 billion and the compan has more than 500 local employees. Centene is led by Presidentr and CEO Michael Centene Center’s other main tenant, Armstrongv Teasdale, the city’s third-largest law is moving its 200 local attorneys ther e from the Metropolitan Squarse building downtown. Centene Corp.
, one of the nation’e largest providers of managed care program s and related services to individualsunded Medicaid, first sought in 2004 to builfd a replacement building a block away from its existinb headquarters at 7711 Carondelet Ave. That year, it boughrt a former bookstore, Library Ltd., at Forsyth and Hanlet from Summit Development Group for about $10 million. Centene then faced a two-yeaer court battle with threes commercialproperty owners, the late Dan Sheehan, Davi d Danforth and Debbie Pyzyk, who resisted the city of Clayton’zs efforts to take their buildingz on Forsyth through eminent domain to make way for the new , a development firm with projectse around the world, conducted a nationwide search for possibled sites for Centene’s headquarters, with proposald from Illinois and Colorado in the runningg for a potential relocation of the Centene abruptly changed courss in September 2007 and announced its pland to be an anchor tenant in the propose d Ballparkj Village development downtown.
By March Centene reversed course again and droppedx its plans to move After the Missouri Supreme Court ruledf in the Clayton property favor on the eminentdomain suit, Centenes ultimately bought the threee Forsyth properties in early 2008 for $19 In February, the Clayton Board of Aldermen approves a scaled-down version of the project from the original cost of $215 The planned office tower was reduced in size by severalp floors as Centene opted to initially lease just 200,000 squard feet of space instead of 300,000 square and the retail portion was minimized to 28,125 square feet from 34,0009 square feet.
Armstrong Teasdale has signede a leasefor 125,000 square feet of making it one of the largest localo office lease deals announced in 2009.

Wednesday, December 5, 2012

Reptron sale appears uncertain - Business First of Louisville:

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As of Feb. 12, when the shareholder meeting in Tampwwas adjourned, it appeared uncertain the acquisition would win If the acquisition is not approved by the requisitr vote of Reptron's shareholders at the reconvener meeting, the deal will be terminated, according to a released from Reptron. About 83 percent of Reptron's shares were representer in person or byproxy Feb. 13, and more than 49 perceng of the vote was cast in favor of the proposed therelease said. In December, Kimbal in cash for Reptron which represented a 28 percent premiumto Reptron' s three-month average stock price of 53 On Feb.
5, Kimball raisec the offer to 75 cents a sharein , a leading independeng proxy advisory firm, had recommended the company'es stockholders vote for the proposal to approve the Kimball has told Reptron there would be no furthet price increases, the releass said. Reptron and its solicitation agent, , will continue to solicitf proxies, the release said. Tampa-based Reptron Electronics (OTC BB: RPRN) is an electronic s manufacturing services company providing engineering electronics manufacturing services and displayintegration services. Jasper, Ind.
-baseed Kimball Electronics Group KBALB) is a global contract electronics manufacturinfg services company that specializexs in durable electronics forthe medical, industrial and publi safety markets.

Tuesday, December 4, 2012

Louisville foreclosure prevention launched - Business First of Louisville:

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Local judges have agreed not to requirew sales of homes in foreclosure before homeowners meet withtheirr lenders. Those homeowners who follow the program will learn abour options such as forbearancs agreements andloan modifications. “Havin a clear plan to follow will make this proces less traumatic and more educationalfor homeowners,” said Abramson in a news Last year, 3,264 foreclosures were files in Jefferson County, which resulted in 2,408 homes sold at a foreclosurd sale. If present trends foreclosure filings willapproach 5,000 by the end of the “A foreclosure sale displaces disrupts neighborhoods and drains wealth from our Chief Judge Jim Shake said in the release.
“Ifr we can use our resources toencourages communication, offer alternatives and prevent significant losses to families and then we as a community have a responsibilitty to do that.”

Sunday, December 2, 2012

In LA, Rolls-Royce Shuns Convention Center for Beverly Hills - Forbes

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In LA, Rolls-Royce Shuns Convention Center for Beverly Hills

Forbes


This just in from the obvious files: Rolls-Royce customers would rather be in a million-dollar home shrouded in fog at the edge of a Beverly hill rather than schlep downtown to the Los Angeles Convention Center. รข€œWe're doing something really different ...



Saturday, December 1, 2012

Central Hudson raising rates - The Business Review (Albany):

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The rate plan established by the PSC increases annuap electric service delivery ratesby $38 million, and gas delivery rate by $13.6 million, or a total of $51.6 PSC officials say the increase authorizes by the state agency is $18.1 million less than the companh requested. Central Hudson had sought increased rates for both electricf and gas serviceof $66.1 million and $20.w million, respectively, for a total of $86. million. Instead, the utility is being allowes $38 million for electric service, $13.6 millionn for gas service, and $16.6 million for a temporaruy surcharge, or a total of $68.2 million.
Centrakl Hudson says its needs the addefd revenues to compensate for lower sales and increasedxpension costs. The Poughkeepsie-bases utility has 300,000 electric customers and 74,000p natural gas customers from northh of New York to theCapital Region.