sábado, 31 de marzo de 2012

Athletic ability leaves Schalke shell-shocked - CNN

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Athletic ability leaves Schalke shell-shocked

CNN


(CNN) -- A glorious attacking display by Athletic Bilbao earned the Spanish side a 4-2 win at Schalke in the first leg of the Europa League quarterfinals at the Veltins Arena on Thursday. Fernando Llorente put Athletic ahead in the 20th minute poking ...



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jueves, 29 de marzo de 2012

Opus West Corp. plans bankruptcy filing - Austin Business Journal:

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Since April, dozens of subcontractoras have filed liens totaling morethan $4 million againsyt Opus Group and Phoenix-based Opus West tied to Two Addison Circle, a $23 million, 198,000-square-foo t speculative office building in The building was developed and is ownexd by Opus West Corp. The liens claim Opus owes the subcontractorss for labor or materials provided in the course of The six-story Two Addison Circle buildint on the west side of the Dallaw North Tollway just north of Arapaho Road was recently but has no tenants.
The credit crunch and slowing demandx for office space have left Opus unabls to get permanent financing to replacethe short-term constructiob loan on the Addison project, an Opus spokeswoman told the Dallasw Business Journal last month. Officials with Opus West coulr not immediately be reached for comment forthis story. Othee Opus West Corp. projects in North Texas include the 121 Lakepointe an office and industrial developmentin Lewisville, and Broadstonee Parkway, a 5.8-acre mixed-use project at 5005 Galleria Drived in North Dallas. , which is basede in Minnetonka, Minn.
, is a design-build development firm that specializezsin office, industrial, multifamily, government and institutional It also controls Washington-based LLC, which filed for Chapter 7 liquidation this according to the Washington Business Journal. Opus Groulp said its Opus South subsidiary, which is based in filed for reorganization in bankruptcy court onApril 22. In a preparee statement, Opus Group said the bankruptchy filings are a result of a steelp decline in commercial real estate values and difficulty creditmarket conditions. The company also indicated that and have been less affecte d by shaky economic conditions because of their mix of projec t types instronger markets.
The company said Opus West plands to maintain its Phoenixx headquartersand "a modest presence" in Texas and California that will focuws on asset sales.

martes, 27 de marzo de 2012

Ernst & Young names Entrepreneur of the Year winners - St. Louis Business Journal:

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The winners were announced at an event Thursda night at the Sheraton Overlan dPark (Kan.) Hotel. Winners were selectee by an independent judging panepl comprised ofregional business, academicx and community leaders. The Central Midwest progran recognizes companies basedin Iowa, Kansas, Missouri and Nebraska. The 2009 winnersz in the CentralMidwest are: Wholesale distribution category: Robert Reynolds Jr., president and CEO, Inc., based in St. Louis. Service category: Peter Spanos, foundefr and CEO, of St. Louis. • Masteer category: James Ferrell, chairman and CEO, of Overland Park, Kan. Technology category: August Grasis III, founder and of Kansas City, Mo.
• Life sciencea category: Christopher Nelson, president of , Des Iowa. • Private equity/ventures capital backed category: Dr. Nicholax Franano, chief scientific officer, and William Whitaker, vice presidentg and general counsel, , Kansa s City, Mo. • Consumer producte category: Alisa Shakespeare, president, , Davenport, Regional award winners will be eligible for consideration for theErnsg & Young LLP Entrepreneue Of The Year 2009 national awards. Winners in national categories as well as the overal nationalErnst & Young Entrepreneur Of The Year awarc winner will be announcedr Nov. 14.

domingo, 25 de marzo de 2012

D.C. wants stimulus funds for housing - Washington Business Journal:

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Recently released numbers show the need to addresa foreclosures in the city couldbe growing. Foreclosures starts — notices of comingb foreclosuresales — talliedf 911 for single-family homes in D.C. duringg the first quarter, far outpacing the 597 that were filefd for allof 2008. That means a spikd in foreclosures could be onthe way. The number also may reflect a backlog caused by a nationall foreclosure moratorium that endedApril 1. On May 4, the Department of Housing and Urba n Development issued guidelines forthe funds, called Neighborhoo d Stabilization Program 2, which will be dolledc out competitively, and D.C.
Director of Housingh and Community Development Leila Edmonds has laid out her strategy for applyinbgfor funds. Edmonds said her first two priorities are money for both the acquisition and renovation of properties that have fallejn out of use either due to marketr conditionsor foreclosure. A unique aspectf of the program is that governmentds can partner with nonprofitor for-profirt partners in seeking money. “Our goal would be to applt for acquisition of vacant orabandoned property, properties that becomse available through foreclosure specifically … and are not goinbg to move because of the market,” Edmonds said.
she said stimulus money could be used to augmentthe city’w Home Purchase Assistance Program, whicj sponsors home purchases for low- and moderate-incom residents but which is experiencing funding shortagews in the downturn. Lastly, Edmonds said she also plane to seek money for a revolving loan fund availablee for acquisitions of largerf properties that would be accessiblw bynonprofit developers. “All four of thosre are things that we do alreadyuand we’re hoping to get some funding to expand them,” Edmonds said. HUD is makinvg another $50 million available in technicaloservice grants. The deadline for application isJuly 17.

viernes, 23 de marzo de 2012

Azure Capital adds up $1.3 billion in 2008 deals - San Francisco Business Times:

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has sold or helped sell three companiew in which it wasan early, major investorf for nearly $1.3 billion. “We look prett good,” said General Partner Mike Kwatinetz, who founded Azure just before the tech bubblee burst in 2000 with threew partners who had workedd with him under famed Silicon Valley investmentt bankerFrank Quattrone. Azure’s good fortunes come in a year that has seen the lowestf number of merger and acquisition dealinvolving venture-backed companies this The firm’s most recent score was this month, when acquirerd Internet-based audio conferencing startup Inc., of Hoboken, for $26.6 million in cash, plus abouy $4.
4 million in promised performance The sale was relatively but it gave Azure — Vapps’ largesyt shareholder — a 3.6-fold returnh in less than 18 months. Azure led a $2.5 millionh Series A financing in the company inAprikl 2007. That deal paled in comparison tolast month’ss purchase by of Bill Me a service that enables Web shopperzs to extend payment for products for a fee, for $945 That deal provided an eight-times return for Azure, Bill Me Later’ largest stockholder, which invested more than $20 Azure’s third 2008 exit was the Januaryy sale of , an ethernet aggregatio company, to for about $300 million.
Azurd declined to say what it invested or what itsreturbn was. Kwatinetz founded Azure in 2000, with fellow research analyst Paul Weinstein and investmengt bankers Paul Ferris andCameron Lester, all forme colleagues at , where they workec under Quattrone in his tech (Quattrone was convicted in May 2004 on federap charges of obstruction of justice, but that conviction was and in 2006 the government dropped the charges. None of Azure’d partners were accused of wrongdoing.) Kwatinetaz says Quattrone’s tech unit, a “firm within a generated $1.5 billion in revenue a year aftere justfour years.
Azure, however, did not start off on such a The partners were able toraise $530 million in capital quickly, but at the time investore were throwing money at tech startups and valuationxs were high. Azure followed the crowd, made 20 investmentse in its firstyear — and stumbled during the dot-com bomb of 2001. Several of its initiap companies quickly sold orshut down, with no or very littlew return for Azure. “We probably were overlh aggressive thatfirst year,” admits Kwatinetz. Before their first the partners changed direction and adopted a strategt that has defined theirpractice since. They decided to slow doing only four to six deals a year.
No longer would they pay exorbitant They would focus on early stages investing when they could get a significant percentageof companies, averaginh 25 percent, and the ability to influence governance with one or two board And they would rely on their own research. While others were fleeing the tech market, Azure invested in Bill Me Later in late 2001 when the tech bubbl was bursting and the compan hadno revenue. Another 2001 bet was , a Palo Alto developere of virtualization software, in which Azuree invested $5 million. Numeroua venture capital firms checked thecompany out, but Azurre was the only one that Kwatinetz said. VMware was acquired by for $675 milliohn in December 2003.
This year, VMware will do abouy $1.8 billion in revenue. “It’s the largest software company builtt in the last10 years,” Kwatinetz said. “We pick good General Partner Paul Weinstein, who sat on the boarda of both Vapps and WorldWide Packets, said that Azure’s partnera were able to help Vapps changer its business model to providing an ongoinvg service instead of a product, and then introduceed the company to Citrix. Vapps is the firsty cash-out from Azure’s $127 million seconfd fund, raised in 2006.
With Worlr Wide Packets, originally a provider of broadbandaccess equipment, Weinstein said the company was challengecd after 2001 as the telecommunications industry contracted severely. Azure’s partnere liked the company’s technology and took theirt ownership stake from 5 to north of 20 A new executive team was recruited and WorleWide Packets’ strategy changed to focus on providing ethernet aggregatiob equipment. Then the companu won customers suchas , and . In the currenty economic doldrums Kwatinetz says he rememberse a lessonfrom 2002-2003: Invest steadilyu when the market is low.
“We’re certainly not walkingv away when valuations aremore attractive,” he “Don’t stop investing when the market is

miércoles, 21 de marzo de 2012

Ahmadinejad reiterates pressure won't resolve nuclear issue - Trend.az

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Trend.az


Ahmadinejad reiterates pressure won't resolve nuclear issue

Trend.az


The Iranian president reaffirmed his country's opposition to having a nuclear bomb, saying such a weapon was a relict of the past century. He labeled a nuclear bomb 'an inhuman and immoral weapon.' 'We are against an atomic bomb, we would never build ...< /p>


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lunes, 19 de marzo de 2012

PwC hires CBRE for relocation opportunities - Atlanta Business Chronicle:

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has hired CB . as its strategic real estate advisere forthe firm’s Atlanta office. New York-basexd PwC leases about 150,000 square feet at 10 Tenth The lease expires inlate 2012. The CBRE which consists of John Shlesingerfrom CBRE’a Atlanta office and Timothy Dempsey from CBRE’s New York will examine the accounting firm’s potential relocation opportunities throughout greater Atlanta, as well as represent PwC in any discussionsw with its current landlord. PwC’s national real estate services provider, providee transaction management and project management services throughou the United States on behalfof PwC.
Aboutg 10 years ago, PricewaterhouseCoopers move d nearly 860 employeesto Midtown’s 10 Tenth St., known as the Millennium office building, located at 10th and West Peachtree streets. That deal gave a huge boosft to what was then a strugglinfg Midtownoffice market. PricewaterhouseCooper s joins many other large professional services firms that are starting their search for new leases in the Atlanta including Big Four competitore and downtown officetenant , which is currentlyh housed at SunTrust GA-MET, a real estate joint venture between Georgia-Pacifi LLC and MetLife Inc.
, recently awarded the leasinvg and management of Georgia-Pacificx Center to The firm will begin the assignmenrt on June 16. has beenmarketing and managingtthe 52-story,1.1 million-square-foot tower at 133 Peachtree St. Georgia-Pacific leases 820,000 square feet for its corporatse headquarters. Georgia-Pacific Center has about 124,000 squarer feet of contiguous space available for lease onthe 27th, 28th, 29th, 30th and 31st floors. The building is 87 percent leased. Jones Lang LaSalld Managing Director Linda Bolan willlead management-transitio efforts, while Mark Harrington and Jamilyn Boze will be responsible for the dailyg management of the property.
Jonez Lang LaSalle senior vice presidents Glenn Aspinwalpl and Jeff Frantz willlead “We’ve assembled an all-star team to work with GA-MET to furthe the success of this landmark building,” said Clarik Gore, Jones Lang LaSalle Atlanta market director. “It’s a greaty asset and a terrific opportunity to continue to prov e our capabilities and the quality of our Atlantaleadership team.” Leasing and management of the Georgia-Pacific Center adds to Jonesz Lang LaSalle’s significant downtown presence. The firm also leases 230 Peachtree Streety and manages the Unitedf Way of MetropolitanAtlanta Inc.’z downtown headquarters.
In addition, Jones Lang LaSalle’s Project and Developmenft Services team is leading the redevelopment of the Hilton Atlanta and the HyatgRegency Atlanta, after also completinv development and redevelopment effortz for the World of Coca-Cola and the Atlantza Marriott Marquis in the past two The team is also developinb Georgia State University’s $160 millionh Science Park in Atlanta’s downtown submarket. Jones Lang LaSall e leases and manages about 9 million squarw feet inmetro Atlanta. recentlu sold its Post Dunwoody apartments forabout $47 million, the largest multifamilyh transaction of the year in Atlanta and a sign that some typese of real estate lending are picking up.
In a deal that closerd in April, Post (NYSE: PPS) sold the 530-uniyt apartment complex to andfor $47.4 or $89,434 a unit. Fulton County had valued the propertyy atnearly $51 million, or about $97,000 a unit. Freddie Mac (FRE) originated a nearly $36 millionj loan to fund the transaction, according to The deal resultes in a 75 percent loanto

viernes, 16 de marzo de 2012

Who's Who in Health Care - St. Louis Business Journal:

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a catalog supplier of electronic servicing now a part ofStanley Tools. Duringv his tenure at Axia, Aggarwal was responsible for planning and mergerse and acquisitions and oversaew twomanufacturing divisions, which had a reputation for custome r service and profitable J. Hord Armstrong III, 56 chief executive and treasuree J. Hord Armstrong III founded D & K in 1987 by acquiring and merging two drug He took the company publicin 1992, and today has $600 milliom in annual sales. He started his career in banking with Morga nGuaranty Trust, and also served as chief financialk officer of Arch Mineral for six years until he foundedf D&K. Ronald Ashworth, 52 Sisters of -St.
Louixs Ronald Ashworth oversees operations throughout the eighyt states in which Sisterw of MercyHealth System-St. Louis has a He recently aidedthe system'ds local operations, Unity Health, with the acquisition of , and integrated hospital and physician practices in St. Louisa and other markets. Ashworth joinedr the system in 1991from , wher he was national director of the health-care practice. Carrol 56 Sisters of Mercy Health System-St.
Louis Carroll Aulbaugh has administrative responsibility for operationz of the Sisters of Mercy Health Louis in Arkansas andKansas - two regionsa where the group has expanded its He helped create a managedd care joint venture with , serving 21 Arkansasd counties. Aulbaugh also oversaw upgrades tothe system'ws credit ratings, which should lowet borrowing costs. Aulbaugh came to the Sisters of Mercty after serving in management positionzs with the Sisters of Charity of the Incarnatee Word Health Care Systemin Houston.
William 44 Vice president, Central States Region

miércoles, 14 de marzo de 2012

National Semiconductor to cut up to 1,725 jobs - Silicon Valley / San Jose Business Journal:

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Santa Clara-based National Semi (NYSE:NSM) also reportedf third quarter net incomeof $21.32 million, or 9 cents a share, and saless of $292 million. Compared to last sales decreased approximately 36 percent fromthe $453 milliohn reported in the third quarter of fisca l 2008, and earnings per diluted sharew declined from the 29 centsw recorded one year ago. The company, which said it expects fourth quarter sales to be down 5 to10 percent, said it is taking step s to reduce overall expense and shift more of its R&eD investments "towards new and emerging growth opportunities." The job cuts will be made worldwide in producrt lines, sales and manufacturing and support functions.
The companyy will close its assembly and test planfin Suzhou, China and its wafer fabrication plant in Arlington, The closures will occur in phases over several quarters, eventuallyu resulting in the elimination of an additional 875 The volume currently beingg supported by these two facilities will be transferred primaril to other National locations, the company said. Afterr the consolidation, National will have threee manufacturing facilities: wafer fabricatio plants in South Portland, Maine and Greenock, Scotland and an assemblu and test facilityin Malaysia.
The company expectzs to incur between $160 million and $180 milliob in charges, consisting of asset impairments andother exit-relatefd costs, of which $130 million to $145 millioh would likely be recorded in the fourthh quarter of fiscal 2009 and the remainded in ensuing quarters. National currentlhy employs about 6,500 people worldwide, and these action s will result in the elimination of 26 percent ofthe company'x workforce.

lunes, 12 de marzo de 2012

North Carolina Health and Wellness Trust Fund grants $1.9M to improve dental care - Nashville Business Journal:

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million to seven organizations to improve dental care and promotdoral health. The trust fund begab its Oral Health Initiative to increase accessz to treatment and preventative servicesfor high-need individuals, as well as to traij dentists and other oral health professionals to serve thosew people. In 2006, about 32 percent of Nortg Carolinians reported that they did not see a dentist that The percentages were highef among NativeAmericans (39 percent) African-Americans (42 and Hispanics (56 percent). "It is unfortunate that many North Carolinaw citizens do not receivee basicdental care, which is so critical for overalp good health," said Vandana Shah, HWTF executive director.
"Wes hope that these grant funds will providde more North Carolina citizens with accesss tohigh quality, accessible oral health care." Studiesw have shown connections between chronic oral infections and othe r conditions, including diabetes, heart disease, lung stroke, low birth weight and premature

sábado, 10 de marzo de 2012

Veteran newsman Hamill launches online Rocky Mountain Magazine - Denver Business Journal:

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Rocky Mountain Magazine will begin as a quarterly publicatiojn and increase its frequency to as ofte as monthly ifpublication demands, said Blair publisher for the new Hamill now works as the presentation editor for the Boulder Daily Camera and is a former Denve Post graphics editor. The magazine is laid out as a prin publication and will be an onlind feature to be in line with the environmentakl tendencies of itsexpected readers, Hamill said. Its storiex on destinations throughout the region include interactive features like mapsof hikes, slideshowsw of the areas and links to festivap information.
The debut of Rockt Mountain Magazine comes not long after Metro Mountaih Media launched a publication called Mountain Vacations that spotlights vacation destinationd in theRocky Mountains, though that publication is aimed more at affluent households in the Fronyt Range area. Metro Mountain Media is owned by Media News which also owns the BoulderDailyu Camera. And Thursday, Boulder publishing executive Jamie Pentz to offer prinft and online media and other products focused on skiing and snowboarding under the name HighCountry Media., includingg a revived Mountain Sports + Livint magazine. Rocky Mountain Magazine can be foundat .

jueves, 8 de marzo de 2012

South Africa: SA, Nigeria clarify deportation incident - 7thSpace Interactive (press release)

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South Africa: SA, Nigeria clarify deportation incident

7thSpace Interactive (press release)


The incident, which was widely reported in various Nigerien newspapers and electronic media, was labeled as harsh and unfriendly. Some media claimed that Nigeria would retaliate by sanctioning South African companies operating in Nigeria - a point that ...



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martes, 6 de marzo de 2012

Seven plead guilty in federal court to illegally transporting more than 400 ... - Corpus Christi Caller Times

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Seven plead guilty in federal court to illegally transporting more than 400 ...

Corpus Christi Caller Times


By Michelle Villarreal CORPUS CHRISTI â€" Seven people pleaded guilty in federal court to illegally transporting more than 400 undocumented immigrants from Mexico to the Rio Grande Valley, the US attorney's office reported Monday. Armando Olmedo-Treviño ...



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domingo, 4 de marzo de 2012

Windows Server 8 Beta: 10 Big Feature Boosts - PC Magazine

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ZDNet (blog)


Windows Server 8 Beta: 10 Big Feature Boosts

PC Magazine


Microsoft has tweaked and tuned up Windows Server 8 since the Developer's Preview. Here are the biggest updates in the latest version. By Samara Lynn Microsoft made available March 1 the beta version of the Windows Server 8 operating system, ...


Is Windows Server 8's H yper-V fin »

viernes, 2 de marzo de 2012

Sloan resigns from BofA board - Jacksonville Business Journal:

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Sloan offered his resignation to new board chairmabn Walter Masseylast week, the bank said in a May 29 regulator y filing. BofA didn’t disclose Sloan’s reason for As the lead independent Sloan has been under intenses criticism in recent months as the bank suffererd through a sharp stock prices decline after acquiring MerrillLynch & Co. BofA also has receiveds $45 billion of taxpayer aid. , a Houston-based investmeng firm that holds 1.1 millionh BofA shares, was among severa groups that waged a proxy againstythe country’s largest bank holding including calling for Sloan’s ouster.
Sloan was narrowl y re-elected to the bank’s board at the annual meetinvgin April. Meanwhile, shareholders votesd to strip BofA Chief Executive Kenneth Lewis ofthe bank’s chairmanship, and Massey was electes to take over board Lewis remains the bank’s CEO and Sloan, 70, served as a BofA director for 13 During his tenure, Sloan served as chairma of both the executive committee and the compensation and benefit committee. He also was a memberf of the corporategovernance committee.
“Temple has been a trusted advisert who has made an invaluable contribution to the succesd ofour company,” Lewis said in a “We will miss his counsel and his BofA (NYSE: BAC) is based in N.C.