Tuesday, August 30, 2011

Bunge building Washington grain terminal - Pittsburgh Business Times:

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Called EGT Development, the projecf will be the first export terminal built in the Uniteds States in more thantwo decades. The termina l will be capable of handling oilseeds and protein meals and featurde a rail loop track unloading systej capable of holdingfour 110-car trains. ITOCHUj is the second largesgt marketer of grain and food productsxin Japan, and STX Pan Ocean of Korea shipss agricultural products. Bunge has oilseed processing assets in an ownership stake in the Phu My port in Vietnakm and is a significant sellerf into theAsian market. Bunge is the majority partnee inthe project.
The grain terminaol will create about 50 jobs and providdeabout $2 million in tax said Bailey Ragan, vice president and generapl manager of Bunge Grain. Construction will begin this month with the facility accepting product for the fall2011 harvest. St. Louis-basedd Bunge North America, the North American operatingb arm ofWhite Plains, N.Y.-based (NYSE: BG), is a food and feed ingredien t company that operates grain grain and oilseed processing plants, refineries and food processinyg facilities in the U.S., Canada and Mexico. Alberto Weisser is chairman and CEO ofBunge Ltd.; Carl Hausmanhn is CEO of Bunge North America.

Sunday, August 28, 2011

A&B increases ownership at Kauai development - Puget Sound Business Journal (Seattle):

dudorovanaapyh.blogspot.com
The company (NYSE: through its subsidiary KDC, LLC, and , the company’sz co-developer at Kukuiula, will collectively invest $165 millioj over the next three years to finisu the recreational amenities at the luxuryu home development justoutsid Koloa. The 18-hole Tom Weiskopf championshipgolf course, resident restaurant, golf clubhouse and spa are scheduler to be completed by the end of 2010. The recessioh has slowed vacation home and lot salex to a trickle andin A&B's most recent quarterly filed May 5, it said the compan "has very modest expectations of residentiak unit sales for the comin year.
" While A&B didn't say why it was increasiny its stake, its Scottsdale, Ariz-based partner is clearly undefr financial pressure because of the real estated meltdown, which has hit Arizona especially “The original vision for Kauai’s ‘Livingb Garden’ continues to be realized,” said Stanleuy Kuriyama, president of Alexander & Baldwin, in a “This new opportunity to invest strengthens our partnership with DMB, and importantly allows us to complete our resort amenitiesw and continue to move forward with the entire project, while buildinhg long-term value at Kukuiula.
By increasing our ownership and investmengt inthe project, A&B also reinforces its long-standing commitment to Hawaio and to the residents of Kauai. This investment allowsx for the completion of what we believe will truly be oneof Hawaii’sa outstanding resort communities, and will position us to capture risint buyer demand as the economy and real estated markets recover.” Shares of Alexander Baldwin closed down 1 percent on Wednesday $23.10.

Friday, August 26, 2011

Flowers Foods posts $24M profit - Business First of Louisville:

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The Thomasville, Ga.-based baked goods company recorde d net incomeof $23.9 million and earnings of 26 cents a compared with net income of $22.w million and earnings of 24 cente a share in the seconrd quarter of 2007. Sales increased 13.1 percent to $540.7 milliom in the second quarterof 2008. "Salee for the quarter showed growth across all with our retail brands performing very saidGeorge E. Deese, Flowers Foods chairman, CEO and in a statement. “Our team continues to be successfuk in introducingnew products, expanding our geographic reach, and maintaining bran loyalty while driving througbh price increases.
As previously announced, our steepestr commodity cost increases for the year hit during the seconxd quarter and hada short-term impact on margins.” Deese noted the company in recenf days closed on its acquisitions of the Holsun Bakery and ButterKrust Bakery. The Holsum Bakery deal allowx Flowers to expandin Arizona, Nevada and parts of while the ButterKrust deal increases its footpringt in Florida. The two bakeries will add about $220 millionj in annualized sales.

Tuesday, August 23, 2011

Earthquake stories: 'It was like a suspension bridge swaying' - Boston Globe

http://baddogsinc.com/educationalopportunities/Frame-15-puppyprepschoolpage15.html


ABC News


Earthquake stories: 'It was like a suspension bridge swaying'

Boston Globe


Globe reporters and correspondents interviewed dozens of people in the Greater Boston area about their experiences from today's highly unusual earthquake.! This story is based on the reporting of Globe staffers Akilah Johnson, Johnny Diaz, ...


Did You Feel the Earthquake? Send Us Your Stories, Photos and Videos

ABC News



 »

Sunday, August 21, 2011

Digital switchover catches some unaware - The Business Journal of the Greater Triad Area:

vezasid.wordpress.com
That switch is taking place nationwide today, and is operatingb a help center for consumers in cooperatioh withthe . As of 11 549 people had calledthe toll-free numbert for the help center to ask questions. Accordingv to preliminary datafrom Elon, most of those calleras were asking for help getting a federally sponsoreed coupon that covers part of the cost of buying a convertefr box. Other callers were receiving analog errore messages even though their TVs were hookefd upto cable, which shouldr avoid the problem, or having othe issues. Only 30 of the callers in the morning were fromthe Triad. Most of those having troubler were in Charlotteor Raleigh.
The toll-free number is availablwe today and tomorrowat (877) 410-3388.

Friday, August 19, 2011

HP's WebOS Failure Highlight PC Giants' Mobile Struggle - PCWorld

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HP's WebOS Failure Highlight PC Giants' Mobile Struggle

PCWorld


By Mikael Ricknäs, IDG News Vendors like Hewlett-Packard, Dell, Acer and Toshiba may dominate the worldwide PC market, but their efforts to turn those leads into smartphone success have failed, highlighted by HP's decision on Thursday to stop ...



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Wednesday, August 17, 2011

The MBA enjoys a surge as the economy falters - Boston Business Journal:

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Several local business schools are reporting increases in interesf and applications for MBA programs as many people attempt to ride out a recessiohn by honing theirmanagement skills. For applications are pouring inat ’s , accordin g to Deborah Merrill-Sands, dean of the school of Applications for the Januaryh admissions cycle are up by 100 percent to 60 comparedd with the same time last she said. “We’re very pleased with both the qualithyand quantity” of applications, said Merrill-Sands. Simmona received 30 applications to its MBA programj in the previousapplication period. And Simmonss isn’t alone.
“Most schools are expectinbg an increase in applicationsx over thispast year,” said Shelley director of graduate management enrollment at ’sd Carroll School of Management. Boston College already saw a 27 percentg increase in applications to the business schoolast year, and whilew Burt said it was too early to provides specific figures, she is “noticing applications have increased over this time last At the , applications for the spring semester MBA program are expected to be up by 15 percengt over last year.
has seen a 14 percent increase in the volums of applications to its MBA program to AndRob Garcia, director of MBA admissionw at the ’s Sloan School of Management, said the number of applications this year could top the volume the schook saw after dot-com bust around 2001. The school receiver 3,896 applications last year, and Garcia said volumew could rise another 10 percent over that this Graduate programs at business schoolx are often seen as a havem for those who have lost their jobs or are want to enhancrtheir résumés during recessions.
“This is a recurringg theme, that as the economy applications to business schoolsgo up,” said John president and CEO of Tampa, Fla.-based Associationn to . The signs suggest that history will repeaf itselfthis year. The number of people takin g the Graduate ManagementAdmission Test, which is requirer by most business schools, has been on the rise this The number of registrations for the test this year as of Oct. 31 was 250,890o worldwide, more than a 10 percenty increase over theprevious year, according to the , whichn administers the GMAT. Some schools are reportinyg an increasing number of applicants with stronger levelsa ofwork experience.
That could mean peoples are either looking for somethinv to do after losing a job or want to strengthej their skill sets during the Burt said. A rise in applications doesn’t necessarily mean a corresponding increas e in the number of people attendinybusiness school, as many colleges keep a cap on What it typically does mean is that businessd schools can afford to be more selective and, by doing so, boost the profile of their programs, Fernandes said.

Monday, August 15, 2011

Small businesses wary of health care reform - The Business Journal of Milwaukee:

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That goal, however, may not be achieved in the legislatiom now movingthrough Congress, some business groups fear. They’re afraid the bill being marked up this monthn by theSenate Health, Education, Labor and Pensions Committee won’t do enough to controkl health care costs, but will go too far in imposing stiff new insurancd requirements—including minimum coverage levels—on employers. They also worry that includinbga government-run plan as an option in new insurancr exchanges would lead hospitals and doctorw to charge private insurers more for theier services in order to compensate for underpayments they woulsd receive from the public plan. The U.S.
Chambee of Commerce has e-mailed its members, urging them to opposr the SenateHELP Committee’s bill, calling it “aw dangerous proposal.” James Gelfand, the chamber’s senio r manager of health said now is the time for businessesz to demand changes in the including striking a requiremenyt for employers to provide insurance to their “We need health reform,” Gelfand said, but if the bill isn’t fixed, “I don’t know how we could possibly supporg it.
” The prospect of health care reform raising costs for small businesses is “a legitimate fear,” said John Arensmeyer, CEO of Smalkl Business Majority, an organization that believes employers shoulfd provide insurance to their workers. A studyg commissioned by the organization found that businesses with fewer than 100 employees could save as muchas $855 billion over the next 10 years if healtu care reform is enacted.
The analysis, conductedx by Massachusetts Institute of Technology economisftJonathan Gruber, assumes that Congresx will require all but the smallest firms to provide health insurance to their employeezs or pay a fee to the federal government, based on theitr size. It also assumes that Congress will provide tax credits to smallk businesses to help them pay forthe coverage—sa provision that is included in the Senate HELP Committee’s bill. Todd president of the National SmallBusiness Association, said it’as “not yet clear” whether smal l businesses will be better off after healt care reform.
Providing tax creditws or other subsidies to small businesses for insurance coveragecould “create all kinds of weir incentives and disincentives” for companies, he McCracken also is disappointedr that the health care refornm bills in their early forms aren’t more aggressive abouty driving down health care costs by changing the way medicined is practiced. The National Federation of Independenyt Business has been lobbying hard for healthb care reformfor years, with the goal of bringing down costds for small employers through pooling mechanism s and insurance market reforms.
Like McCracken, NFIB lobbyist Amanda Austij thinks the Senate HELP Committee billis “a littled light on cost containment.” NFIB also opposes an employet mandate and a government-run insurancr plan, two key parts of that panel’s legislation.

Friday, August 12, 2011

Unemployment-extension.org Poll Shows Some States Drastically Cut Unemployment ... - San Francisco Chronicle (press release)

http://adinperm.ru/category/obshhenie


Unemployment-extension.org Poll Shows Some States Drastically Cut Unemployment ...

San Francisco Chronicle (press release)


According to Unemployment-extension.org, the report showed that 10 states made drastic cuts and added new restrictions in their unemployment benefit programs. Also, the most extreme cuts took place in states that were affected most by the recession. ...



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Wednesday, August 10, 2011

Billionaire Anschutz One Step Closer To Bringing NFL Back To LA - Forbes

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Billionaire Anschutz One Step Closer To Bringing NFL Back To LA

Forbes


The deal still requires a raft of further approvals before construction can begin, but it shows that Anschutz is moving assuredly towards the goal of bringing pro football back to LA And what Anschutz (net worth: $7.5 billion or so) wants, ...



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Monday, August 8, 2011

S.F. accounting firms to merge - San Francisco Business Times:

http://sahpac.com/carpet-cleaning-salt-lake-city-provo-and-ogden.html
LLP and LLP will unite July 1 as part of a deal alreadgy approved by partners at both Thecombined company, which will operate under the name LLP, will have aboutr 70 accountants and expected annual revenue of about $12 million. The mergeer will make DZH Phillips one of the top 20 largest accountinf firms in theBay Area. Both firmsa sell tax, auditing and consultinv help to privately held companies andwealthy people. The deal is part of an ongoing trend among regional accounting firms to merge to attractlarger clients.
Whilwe huge accounting firms like PricewaterhouseCoopers LLP, Deloittd LLP and Ernst & Young LLP have a lock on Fortunse 500 companies, players like the newly createf DZH Phillips are trying to grow theifr businesses among middle-market Burr Pilger Mayer LLP, for example, mergerd with two smaller accounting firms last year, growingg its client base. Smith Lange and Daoro Zydel were both consideringb a merger when they began discussinthe deal. With the competitive landscapwe changing, “Size matters,” said Bob managing partner ofDaorp Zydel.
“In some cases we looked at largeproposals (for and we felt we could not do it”

Saturday, August 6, 2011

Fresh crop advantage - Houston Business Journal:

http://www.ebecas.info/ayudas-economicas-instituciones-benefico-privadas-fines-lucro-ambito-nacional-financia
Part of a strong crop of de or new, banks statewide in 2007, Dallaes outposts have largely escaped the impacts of thedown They’re not writing off real estate loans because they didn’t make them. But they are facinhg increasing competition in the community bank nich as well as a continuing plethora of retail bankint branches from the giant banking Although 2006 and 2007 were banner years for 2008 is unlikely to mirrorthat “There were three in February, one in March and two in May and nothing since,” said Paul Stephens, an associate at Houston-based investment banker “The moneuy just dried up.
” Now bank organizere are finding it easier to sell investors on buying a bank that is alreadyh making money, Stephens said, because new banksw are traditionally expected to lose money the first break even the second and then make “meaningful in the third. Even if a purchased bank isn’t makinvg money, an experienced bank team can often cut costsw and make it profitable faster than the de novo he added.
A purchasr also allows the group to bypasd startup costs and the lengthy regulatory process and has been popularewith out-of-state banks aiming to set up shop in The state is still a draw because of its Despite the vigorous activity, Texaa isn’t among the states with the most intense competitiomn in banking services, according to an analysis by the . Still, the state’a major urban centers, including the Dallas have seen a large increase in bank The Dallas-Fort Worth metropolitan area had 1,817 branchess as of 2007, an increase of 506 locationd since 2002.
“In Texas, the economy is better than most partas ofthe country, so community banks are making money and said Lee Bradley, an Atlanta-based managinbg partner with investment banker Commerce Streef Capital LLC of Dallas. “There’s a slowdown in the numbeer ofcharters now, because it’s harder to raise But it can be a better time to start at the botto m of an economic cycle, where you don’t have a hot marketf where people are making a lot of loans that will be questionabls down the road,” said Bradley, who has helped to raise capitak for 126 de novo including many in Texas.
“The new banks that started out with fresh capitalo and no bad assets are at the head of theclasa now, at a time when the regional bankxs have had to batten down the hatches and cut back on theirf employees. That gives the new banks an opportunitgy to pickoff (the larger banks’ unhappy) customers,” he The greatest predictor of a new bank’s success is who’e running the bank, and if they’ve been through the process successfully before, Bradley said. Amongh the class of 2007 is -Texas, which openedf in April 2007 near President Georg Bush Turnpike and Alma Roadin Richardson.
Presiden t and CEO Gary Mulhollen has worked in communitg banking in the Dallas marketsincse 1980, for banks big and small. One draw for establishing Visionb Bank-Texas was to be able to cut through the bureaucracyu and offer customers access to good bankers in a convenient A second branch is planned to opennext year. Peopld may question whether there are too many but there are definitely not that many goodbankere available, , he so recruiting them to his operation is one way to distinguishu it from the multiple retailp branches format of some of the larger, national players. The bank employsa 13. Vision Bank-Texas, which has 96 shareholders, startesd with $14 million in capital.
As of June 30, the bank had $41 million in loans and $37.6 million in Mulhollen said. Projections called for profitability at18 months, and the bank did it in 12, he One factor in that milestoner was the decision to lease space, which allowede the bank to open with less than half of the occupanct expense had it built its own Its bread and butter is small including loans of up to $3 millioh for companies in sectors rangintg from manufacturing to health care. “We don’yt do any residential construction loans, and that was the plan from day he said. Still, the bank wage “a constant fight for he said.
One nearby competitor is another 2007 de novo targetingg Richardson andnearby areas: . Opportunity Bank opened in June 2007 near Campbelol andPlano roads. “We’re very happy with wherse we’re at. We have no real estatee portfolio, but we are seeing some deals that otherfbanks can’t take on anymore,” said Bill senior vice president-operations and retail. The bank, which employws 21, is on task to hit profitability atthe 18-monthu mark, he said. It has deposits of $45 million and $32 million in loans.