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The denial followed a Gay and Lesbianb Chamber press release that said Flanniga nhad “resigned his position to pursue other interests and to focusw on , his Web design and hosting, and e-commerce business.” Flannigahn fired back today in a press release of his own, saying he was callec to an emergency board meeting on June 8 wherse board members presented him with a lettert of resignation. Flannigan said he refused to sign it, at whichb time the chamber’s board members forced his removal bya two-thirds vote. Officals from the Gay and LesbiaChamber couldn’t be reached for comment.
“While I disagreed with the actions this new boarx has taken and their reasonsz for doing so are still uncleatto me, I continue to feel that a chambe of commerce has a critical role to play in the communitu and the fight for equality,” Flannigan “It would be a shame if their actions have a negativ e impact on all that we’vee accomplished in the past two and a half and it’s my wish that the community find a way to move forware in a positive fashion.
”
Sunday, 9 December 2012
Saturday, 8 December 2012
Comcast acquires NECN; station GM replaced - Boston Business Journal:
hustbelogehy1857.blogspot.com
The deal’s terms were not disclosed. Philadelphia-based Comcast (Nasdaq: CMCSK) now owns 100 percent of basedin Needham, Mass., which was originally launched in 1992 as a jointt venture between Hearst and Comcast’se predecessor cable operator in New England. For NECN, the deal representws the first “consolidated ownership and managemenf since thenetwork launched,” according to Comcast. Charles who has served as NECN’ws president and general manager sinceMarcjh 2008, will be replaced by Bill Kravetz was the founding news director at NECN. Bridgen is currently the executiv e vice president and general manager of Comcasrt SportsNetNew England.
“NECN is one of the leadinv sources for New England news and one of the most recognizef regional cable networks in the which makes it an attractivesbusiness operation,” said Jon who leads Comcast’s local programming businesses as presidenty of Comcast Sports Group, in a preparee statement. “We value NECN’s strong connectionh with New England viewers, and in combinatiojn with Comcast SportsNet New NECN willstrengthen Comcast’s position as the leadinvg source for news, sportes and entertainment in New
The deal’s terms were not disclosed. Philadelphia-based Comcast (Nasdaq: CMCSK) now owns 100 percent of basedin Needham, Mass., which was originally launched in 1992 as a jointt venture between Hearst and Comcast’se predecessor cable operator in New England. For NECN, the deal representws the first “consolidated ownership and managemenf since thenetwork launched,” according to Comcast. Charles who has served as NECN’ws president and general manager sinceMarcjh 2008, will be replaced by Bill Kravetz was the founding news director at NECN. Bridgen is currently the executiv e vice president and general manager of Comcasrt SportsNetNew England.
“NECN is one of the leadinv sources for New England news and one of the most recognizef regional cable networks in the which makes it an attractivesbusiness operation,” said Jon who leads Comcast’s local programming businesses as presidenty of Comcast Sports Group, in a preparee statement. “We value NECN’s strong connectionh with New England viewers, and in combinatiojn with Comcast SportsNet New NECN willstrengthen Comcast’s position as the leadinvg source for news, sportes and entertainment in New
Thursday, 6 December 2012
Local stocks dragged down as Dow falls 150 points - Silicon Valley / San Jose Business Journal:
sucujovide.wordpress.com
percent decline in April retail Most economists had expected relativelyu flat sales for Apri l since a number of other indicatorx have been pointingtoward recovery. Investors tend to keep a closes eye on the retailsalew report, which is seen as a barometer of consumer sentiment and a strong indicator of overalol economic health. The Dow dropped 2 percent on Wednesdahyto 8,286.40. The S&Pl 500 fell 2.6 percent to Only three local publicc companies were in positive territory shortlyy before theclosing bell: BORL), (AMEX: FPP) and (Nasdaq: MGAM). All of them had gainsa of lessthan 2.7 percent. • Active Powee Inc.
(Nasdaq: ACPW) down 10 percent to 54 • (NYSE: ACC) down 4 percen t to $21.07; • (Nasdaq: BEXP) down 10.3 percent to • (Nasdaq: DELL) down 1.5 percent to $11.04; (Nasdaq: EZPW) down 3.2 percent to $11.90; (NYSE: FOR) down 8 percent to $11.99; • (Nasdaq: down 5.3 percent to $1.24; • (NYSE: TIN) down 10.9 percent to • (Nasdaq: WFMI) down 8.9 percent to $20.11.
percent decline in April retail Most economists had expected relativelyu flat sales for Apri l since a number of other indicatorx have been pointingtoward recovery. Investors tend to keep a closes eye on the retailsalew report, which is seen as a barometer of consumer sentiment and a strong indicator of overalol economic health. The Dow dropped 2 percent on Wednesdahyto 8,286.40. The S&Pl 500 fell 2.6 percent to Only three local publicc companies were in positive territory shortlyy before theclosing bell: BORL), (AMEX: FPP) and (Nasdaq: MGAM). All of them had gainsa of lessthan 2.7 percent. • Active Powee Inc.
(Nasdaq: ACPW) down 10 percent to 54 • (NYSE: ACC) down 4 percen t to $21.07; • (Nasdaq: BEXP) down 10.3 percent to • (Nasdaq: DELL) down 1.5 percent to $11.04; (Nasdaq: EZPW) down 3.2 percent to $11.90; (NYSE: FOR) down 8 percent to $11.99; • (Nasdaq: down 5.3 percent to $1.24; • (NYSE: TIN) down 10.9 percent to • (Nasdaq: WFMI) down 8.9 percent to $20.11.
Wednesday, 5 December 2012
Spirit of St. Louis expanding infrastructure to 150 acres - St. Louis Business Journal:
sucujovide.wordpress.com
The infrastructure project, whicu will start this summer, will allow the airporg to lease parcels of land to private companiesxfor maintenance, hangars or flight "There's quite a bit of interest in this property already. Companies are ready to make deals andbuile there," said Dick Hrabko, directodr of aviation for St. Louiss County. The project will take 18 months to Hrabko said. The infrastructurwe expansion is just one project in the workd atthe 1,500-acre Spirity of St. Louis Airport. Next month the airport will begina $4.
5 milliobn project to upgrade its primargy taxiway system from asphalt to concrete -- a move that will keep the runwayy viable for the next 25-30 The project will add a 10-incy layer of concrete to the curren t asphalt paths -- similar to the improvements the airporrt made to the main runwayg three years ago, Hrabko said. The countyy bought the airport, which was built in 1964, in 1980. The projectf also includes the funding to overlay the shortefr runway and taxiways withnew asphalt, Hrabko said. Funding for the two projectss will come from airport reserves and bondz as well as state and federalaviatiohn grants, if approved.
A recent study by the Missourio Department of Transportation ranks Spirittthird -- behind only Lambert-St. Louis Internationalk Airport and Kansas City InternationalAirporg -- in economic impact of airportz on the state, contributing $398.1 million to the economy. Therew are 500 aircraft based at the including about 125corporatse jets. The attacks of 11, which precipitated a downturn in business atmost airports, had very littlde effect on Spirit, Hrabko said. "We didn' suffer much," he said. "The only real impacty was on flight schools. We had three or four and now we'rde down to one." Revenue for the airport was $18. 5 million in 2004, up 12 percent from $16.
5 million in 2003. But increasingb fuel costs forcethe airport's revenue higher without adding much to profit, Hrabkop said. In 2004, the airport's profiy was $1.67 million, up from profit of $1.5 6 million in 2003. , an aerial mappinf company, has grown along with Founded in 1964 by Oscar Hoffmann andhis son, Earl the company is headquartered at the airport and is expandingg its 17,000-square-foot location by leasing another existing 8,500 square feet at the airport. In addition to offices, the company keeps five aircraftat Spirit.
The company suppliese services to the Army Corps of Engineers, state governments, the Missourik and Illinois departments of transportation, private engineers, Metropolitanm St. Louis Sewer District, cities, counties, and the U.S. Departmentt of Defense. Surdex's Defense Department room requires special clearancre for employees anda "classified room" kept undere lock and key. Surdex's 2005 revenue is expecteed toreach $12.
7 million, up from $11 million in according to Ron Hoffmann, Surdex's president and the third generationn to run the Earl Hoffmann remains the chairman of the board for Revenue has risen even as the per-acre cost of mappintg has dropped from $10 per acre to betweeh $1 and $2, Ron Hoffmann due to technology. In fact, the companuy no longer calls what it does mapping but rather "supplying geospatial data sets," he said. Surdexx uses $500,000 cameras to take photo of property through the bottomof aircraft. The company also measurees the topography of the land usinglasefr technology.
A global positioning system is used to within inches, where in the sky the aircraff was the minute a photo was taken. The special cameras used are made in Germany and and the company is aboutf to upgrade to a digital system in which each camerzcosts $1.4 million. Ron Hoffmann is joined at Surded by three brothers and a Rick Hoffmann is vice president ofbusinese strategy, Randy Hoffmann is supervisor of stereo and Russ Hoffmann and his wife, Lisa both work in engineering sales.
The companyt employs more than60
The infrastructure project, whicu will start this summer, will allow the airporg to lease parcels of land to private companiesxfor maintenance, hangars or flight "There's quite a bit of interest in this property already. Companies are ready to make deals andbuile there," said Dick Hrabko, directodr of aviation for St. Louiss County. The project will take 18 months to Hrabko said. The infrastructurwe expansion is just one project in the workd atthe 1,500-acre Spirity of St. Louis Airport. Next month the airport will begina $4.
5 milliobn project to upgrade its primargy taxiway system from asphalt to concrete -- a move that will keep the runwayy viable for the next 25-30 The project will add a 10-incy layer of concrete to the curren t asphalt paths -- similar to the improvements the airporrt made to the main runwayg three years ago, Hrabko said. The countyy bought the airport, which was built in 1964, in 1980. The projectf also includes the funding to overlay the shortefr runway and taxiways withnew asphalt, Hrabko said. Funding for the two projectss will come from airport reserves and bondz as well as state and federalaviatiohn grants, if approved.
A recent study by the Missourio Department of Transportation ranks Spirittthird -- behind only Lambert-St. Louis Internationalk Airport and Kansas City InternationalAirporg -- in economic impact of airportz on the state, contributing $398.1 million to the economy. Therew are 500 aircraft based at the including about 125corporatse jets. The attacks of 11, which precipitated a downturn in business atmost airports, had very littlde effect on Spirit, Hrabko said. "We didn' suffer much," he said. "The only real impacty was on flight schools. We had three or four and now we'rde down to one." Revenue for the airport was $18. 5 million in 2004, up 12 percent from $16.
5 million in 2003. But increasingb fuel costs forcethe airport's revenue higher without adding much to profit, Hrabkop said. In 2004, the airport's profiy was $1.67 million, up from profit of $1.5 6 million in 2003. , an aerial mappinf company, has grown along with Founded in 1964 by Oscar Hoffmann andhis son, Earl the company is headquartered at the airport and is expandingg its 17,000-square-foot location by leasing another existing 8,500 square feet at the airport. In addition to offices, the company keeps five aircraftat Spirit.
The company suppliese services to the Army Corps of Engineers, state governments, the Missourik and Illinois departments of transportation, private engineers, Metropolitanm St. Louis Sewer District, cities, counties, and the U.S. Departmentt of Defense. Surdex's Defense Department room requires special clearancre for employees anda "classified room" kept undere lock and key. Surdex's 2005 revenue is expecteed toreach $12.
7 million, up from $11 million in according to Ron Hoffmann, Surdex's president and the third generationn to run the Earl Hoffmann remains the chairman of the board for Revenue has risen even as the per-acre cost of mappintg has dropped from $10 per acre to betweeh $1 and $2, Ron Hoffmann due to technology. In fact, the companuy no longer calls what it does mapping but rather "supplying geospatial data sets," he said. Surdexx uses $500,000 cameras to take photo of property through the bottomof aircraft. The company also measurees the topography of the land usinglasefr technology.
A global positioning system is used to within inches, where in the sky the aircraff was the minute a photo was taken. The special cameras used are made in Germany and and the company is aboutf to upgrade to a digital system in which each camerzcosts $1.4 million. Ron Hoffmann is joined at Surded by three brothers and a Rick Hoffmann is vice president ofbusinese strategy, Randy Hoffmann is supervisor of stereo and Russ Hoffmann and his wife, Lisa both work in engineering sales.
The companyt employs more than60
Tuesday, 4 December 2012
Midtown office building is listed for sale after foreclosure - Kansas City Business Journal:
martaemimbzini.blogspot.com
John Snyder, a partner at who represents the opened the biddingat $6.7 million during a foreclosur e sale on the steps of the on Thursday “If someone was willin to bid higher, then (the would have been willing to walk away with that number,” Snydef said. “But there were approximately 15 people and no one else opened uptheir mouth.” , a group of New York recently allowed the building to slip into default because they couldn’ft sell it and were taking a loss aftet operating costs and principal and interesrt payments on the Snyder said. “It’s only 55 to 60 percen t occupied,” Snyder said.
“It wasn’t cash-flowing, and the owners were probably tirer of paying out of pocket tofund it. They just decidef not to do it Debt on the buildingv is owed to a numberfof lenders, who acquired it as part of a commercia mortgage backed security bundle. Centerline Servicing Inc. of Irving, Texas, is the speciaol servicer for the property, and it has retainexd NAI Farbmanof Mich., to sell the building on the open market Snydetr said the local NAI affiliate, NAI Capita l Realty, will manage the building and work with Farbmanj on leasing and sale of the building. Built in 1983, the 137,000-square-fooyt building probably will be listed foraround $6.7 or $48.90 a foot, Snyder said.
“It’s a decent decent location, right acrossz from Penn Tower (Office Center),” said who called the rare office buildingforeclosur “a sign of the times.” But Tim executive vice president of , said the building probably wouldn’t have sold for $6.7 millionn “even if the economy was rockin’ and rollin’.” “Thayt building was purchased out of bankruptcy in 1985 or and really nothing’s been done to it sinc e then,” Schaffer said.
In additio to requiring improvements, Schaffer said, the building is in the toug h Midtownoffice market, “where there is no rent During Thursday’s foreclosure sale, Schaffer representecd an investor who was willing to make an offe r of “about half” the opening bid, he said.
John Snyder, a partner at who represents the opened the biddingat $6.7 million during a foreclosur e sale on the steps of the on Thursday “If someone was willin to bid higher, then (the would have been willing to walk away with that number,” Snydef said. “But there were approximately 15 people and no one else opened uptheir mouth.” , a group of New York recently allowed the building to slip into default because they couldn’ft sell it and were taking a loss aftet operating costs and principal and interesrt payments on the Snyder said. “It’s only 55 to 60 percen t occupied,” Snyder said.
“It wasn’t cash-flowing, and the owners were probably tirer of paying out of pocket tofund it. They just decidef not to do it Debt on the buildingv is owed to a numberfof lenders, who acquired it as part of a commercia mortgage backed security bundle. Centerline Servicing Inc. of Irving, Texas, is the speciaol servicer for the property, and it has retainexd NAI Farbmanof Mich., to sell the building on the open market Snydetr said the local NAI affiliate, NAI Capita l Realty, will manage the building and work with Farbmanj on leasing and sale of the building. Built in 1983, the 137,000-square-fooyt building probably will be listed foraround $6.7 or $48.90 a foot, Snyder said.
“It’s a decent decent location, right acrossz from Penn Tower (Office Center),” said who called the rare office buildingforeclosur “a sign of the times.” But Tim executive vice president of , said the building probably wouldn’t have sold for $6.7 millionn “even if the economy was rockin’ and rollin’.” “Thayt building was purchased out of bankruptcy in 1985 or and really nothing’s been done to it sinc e then,” Schaffer said.
In additio to requiring improvements, Schaffer said, the building is in the toug h Midtownoffice market, “where there is no rent During Thursday’s foreclosure sale, Schaffer representecd an investor who was willing to make an offe r of “about half” the opening bid, he said.
Sunday, 2 December 2012
Lower taxation without aggravation: What employers should know about the stimulus package - New Mexico Business Weekly:
vlastaowibopaj.blogspot.com
Two key provisions of the plan are a tax creditr for employees and a healt h insurance subsidy forunemployed workers. Both are implemented through employersx and require changes to payroll and COBRA Also in the act are multiplwe tax benefits that are designec to encourage businesses and individuals to makecapitalp investments. The new law gives employees a tax credir of upto $400 per worker and $800 for married workers filing jointly against their 2009 and 2010 The revised withholding rates so workersw get an immediate boost in their take-homre pay. The new rates, in effecr since April 1, can be found in a February 21 news releaseat www.irs.gov/newsroom.
Worker don’t need to fill out a new W-4 withholdintg form to get the However, individuals with multiple jobs or married couplezs who both work may submiy arevised W-4 to avoidf owing a portion of the crediyt on their Form 1040. Employeed who are unsure shoulrd refer to IRS Publication 919 for guidance ontax withholding.
Two key provisions of the plan are a tax creditr for employees and a healt h insurance subsidy forunemployed workers. Both are implemented through employersx and require changes to payroll and COBRA Also in the act are multiplwe tax benefits that are designec to encourage businesses and individuals to makecapitalp investments. The new law gives employees a tax credir of upto $400 per worker and $800 for married workers filing jointly against their 2009 and 2010 The revised withholding rates so workersw get an immediate boost in their take-homre pay. The new rates, in effecr since April 1, can be found in a February 21 news releaseat www.irs.gov/newsroom.
Worker don’t need to fill out a new W-4 withholdintg form to get the However, individuals with multiple jobs or married couplezs who both work may submiy arevised W-4 to avoidf owing a portion of the crediyt on their Form 1040. Employeed who are unsure shoulrd refer to IRS Publication 919 for guidance ontax withholding.
Saturday, 1 December 2012
Charming Shoppes will keep Wisconsin unit - The Business Journal of Milwaukee:
moffaiqohegesa1490.blogspot.com
Bensalem, Pa.-based Charming Shoppes (NASDAQ: CHRS) announcer in August 2008 that would try to sellthe Figi'xs Gifts in Good Taste catalo business. At the time, management said Figi'sw continued to be profitable and stated that the company wouls only enter into a transaction at anacceptabld valuation, which the firm said Monda y has not been achieved. The planned sale was a key part ofthe firm' plan to focus on its core Charming Shoppes also announced numerous executiv changes that included the namingg of Bill Bass, a former executive of direcgt merchant of Dodgeville, as president of the Charming Directg division, operator of lanebryant.com, fashionbug.com and catherines.com.
Bass' experience includes leading the e-commerce business of End and of the direct to consumer businesa of SearsRoebuck & Co. followint Sears' acquisition of Lands' End. As of May 2, Charminf Shoppes operated 2,272 retail storees in 48 states under the namesLane Bryant, Lane Bryant Outlet, Fashion Bug, Fashion Bug Plus, Catherines Plus Size s and Petite Sophisticate Outlet.
Bensalem, Pa.-based Charming Shoppes (NASDAQ: CHRS) announcer in August 2008 that would try to sellthe Figi'xs Gifts in Good Taste catalo business. At the time, management said Figi'sw continued to be profitable and stated that the company wouls only enter into a transaction at anacceptabld valuation, which the firm said Monda y has not been achieved. The planned sale was a key part ofthe firm' plan to focus on its core Charming Shoppes also announced numerous executiv changes that included the namingg of Bill Bass, a former executive of direcgt merchant of Dodgeville, as president of the Charming Directg division, operator of lanebryant.com, fashionbug.com and catherines.com.
Bass' experience includes leading the e-commerce business of End and of the direct to consumer businesa of SearsRoebuck & Co. followint Sears' acquisition of Lands' End. As of May 2, Charminf Shoppes operated 2,272 retail storees in 48 states under the namesLane Bryant, Lane Bryant Outlet, Fashion Bug, Fashion Bug Plus, Catherines Plus Size s and Petite Sophisticate Outlet.
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