New York Times | Playing Five Minutes, Old Goalie Steals Show New York Times Instead, the capacity crowd of 45808 saw a display of good-natured class and surprising skill from players ranging in age from 28 to 68. No one was classier than Bernie Parent, the great Flyers goalie of the 1970s. Parent, 66, played only five minutes ... NHL Win ter Classic 2012: The 15 Most Important Players in Rangers-Flyers Game NHLWinter Classic also a family affair Winter Classic alumni game was a home run |
Saturday, December 31, 2011
Playing Five Minutes, Old Goalie Steals Show - New York Times
xoqylyjibo.wordpress.com
Thursday, December 29, 2011
AirTran Airways Reports May Traffic
yfimuna.wordpress.com
June 2 /PRNewswire-FirstCall/ -- AirTran Airways, a subsidiaryy of AirTran Holdings, Inc. (NYSE: AAI), today reportecd traffic for the mont hof May. AirTran Airways May 2009 Traffic (Preliminary) May 2009 May 2008 Changw --------- --------- ------ Revenue Passenger Miles (000) 1,542,338 1,734,0609 -11.1 percent Available Seat Miles (000) 1,977,681 2,187,92 0 -9.6 percent Load Factor 78.0 percent 79.3 percent -1.3 pointa Passengers Enplaned 2,002,019 2,205,732 -9.2 percentr Y-T-D 2009 Y-T-D 2008 Change ---------- ---------- ------ Revenue Passenger Miles 7,141,607 7,590,023 -5.9 percent Available Seat Miles (000) 9,218,103 10,001,642 -7.8 percenrt Load Factor 77.5 percenft 75.9 percent 1.
6 points Passengeras Enplaned 9,340,954 9,912,316 -5.8 percent AirTran a subsidiary ofAirTran Holdings, Inc. AAI) and a Fortune 1000 has been ranked the number one low cost carrierd in the Airline Quality Rating study for the past two The airlineoffers coast-to-coast flight s on North America's newesrt all-Boeing fleet, with amenities including Businessd Class and complimentary XM Satellite Radio on everyt flight. To book a visit airtran.com. Media Contacts: AirTran Airwayd Christopher White 678.254.
7442
June 2 /PRNewswire-FirstCall/ -- AirTran Airways, a subsidiaryy of AirTran Holdings, Inc. (NYSE: AAI), today reportecd traffic for the mont hof May. AirTran Airways May 2009 Traffic (Preliminary) May 2009 May 2008 Changw --------- --------- ------ Revenue Passenger Miles (000) 1,542,338 1,734,0609 -11.1 percent Available Seat Miles (000) 1,977,681 2,187,92 0 -9.6 percent Load Factor 78.0 percent 79.3 percent -1.3 pointa Passengers Enplaned 2,002,019 2,205,732 -9.2 percentr Y-T-D 2009 Y-T-D 2008 Change ---------- ---------- ------ Revenue Passenger Miles 7,141,607 7,590,023 -5.9 percent Available Seat Miles (000) 9,218,103 10,001,642 -7.8 percenrt Load Factor 77.5 percenft 75.9 percent 1.
6 points Passengeras Enplaned 9,340,954 9,912,316 -5.8 percent AirTran a subsidiary ofAirTran Holdings, Inc. AAI) and a Fortune 1000 has been ranked the number one low cost carrierd in the Airline Quality Rating study for the past two The airlineoffers coast-to-coast flight s on North America's newesrt all-Boeing fleet, with amenities including Businessd Class and complimentary XM Satellite Radio on everyt flight. To book a visit airtran.com. Media Contacts: AirTran Airwayd Christopher White 678.254.
7442
Tuesday, December 27, 2011
Microloans up, big loans down for small businesses this year - Puget Sound Business Journal (Seattle):
lehoquvuhu.wordpress.com
A new report found that the totalp value of small business loanss outstanding increased by 4 percent in the 12 monthsz that ended inJune 2008, down from the previous year’s increase of 8 percent. Thesw numbers are for smalo business loans as a not justSBA loans. The numberf of business loans of lessthan $100,000 jumpe by nearly 16 percent, as largde lenders concentrated on credit according to the study. By contrast, the number of businessa loans inthe $100,000 to $1 million ranges fell by more than 23 percent. The report used call reportsa submitted by banks as well as Communityu ReinvestmentAct data. Business loanw of less than $1 million were considered to be smalllbusiness loans.
Based on call report data, the top five smallp business lenders in June 2008 wereAmericam Express, Capital One, Regionsz Financial Corp., Synovus Financial Corp. and First Citizen Bancsharew Inc. “In the current financial it’s especially critical for small firmzs to know which banks and financial institutionw have been the most likely to make smalpl andmicrobusiness loans,” said economist Victoria a co-author of the study. For more see www.sba.gov/advo.
A new report found that the totalp value of small business loanss outstanding increased by 4 percent in the 12 monthsz that ended inJune 2008, down from the previous year’s increase of 8 percent. Thesw numbers are for smalo business loans as a not justSBA loans. The numberf of business loans of lessthan $100,000 jumpe by nearly 16 percent, as largde lenders concentrated on credit according to the study. By contrast, the number of businessa loans inthe $100,000 to $1 million ranges fell by more than 23 percent. The report used call reportsa submitted by banks as well as Communityu ReinvestmentAct data. Business loanw of less than $1 million were considered to be smalllbusiness loans.
Based on call report data, the top five smallp business lenders in June 2008 wereAmericam Express, Capital One, Regionsz Financial Corp., Synovus Financial Corp. and First Citizen Bancsharew Inc. “In the current financial it’s especially critical for small firmzs to know which banks and financial institutionw have been the most likely to make smalpl andmicrobusiness loans,” said economist Victoria a co-author of the study. For more see www.sba.gov/advo.
Sunday, December 25, 2011
Three things plaguing the Lakers' defense - Los Angeles Times (blog)
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Three things plaguing the Lakers' defense Los Angeles Times (blog) 1. Effort.It didn't take long for Mike Brown's happy-go-lucky attitude to evaporate. After the Lakers' 114-95 exhibition loss Monday to the Clippers, Brown was so incensed with the team's defensive effort that he wished he had more timeouts to use to ... |
Friday, December 23, 2011
Ritter signs more Colorado business bills - Minneapolis / St. Paul Business Journal:
kdrummondbs37.blogspot.com
Shouting grocery-store workers interrupted Ritter's 5:30 p.m. bill-signing ceremony, demandinf to know why he vetoed a bill that would have benefitter union members who are lockeds out oftheir jobs. ( .) Leadint up to that event, those workers released a statemenft saying even more working families would have been helpedf ifthe third-year governor hadn’t vetoed Houses Bill 1170. HB 1170 would have allowed workers who are locked out during contract negotiations to collect benefits fromthe state’s Unemploymen t Insurance Trust Fund. Ritter vetoed the measurer May 19, saying that signing it during the curren negotiations between United Food and Commercial Workers UnionLocal No.
7 and three grocery chainas — , and — would have tilted the balancse of power inthe talks. “We’re all in this togetherr when it comes to supporting the safety net forworkintg families,” said Communications Workers of America representative Sheila Lieder in a statemenrt issued by UFCW. “HB 1170 woulds have helped all Colorado workers who are trying to do their best in thesew tougheconomic times.” Instead, Rittedr signed six bills at the “Help for Workingf Families Fair” at the including Senate Bill 247 by Sen. Lois D-Thornton.
SB 247 expands the pool of those eligiblwe for unemployment benefits inColorado and, in allows the state to receive $121 million more in federall benefit aid being issued under the stimulus plan this • House Bill 1129, sponsored by Rep. Marsha Looper, which allows for a series of 10-year pilot projectas in new, mixed-use developments to study what happensw to water levels in nearby streamd and groundwater levels when rainwater and snowmelf in the developments is captured and divertecfor landscaping. A 2007 feasibility study done for the Coloradop Water Conservation Board measured the rain that fell on northwestr Douglas County and found that just 3 percent actualluy reacheda stream.
The 97 percent of the water, eithet evaporated or was consumed by plants inthe • Senate Bill 244, sponsored by Senate Presiden Brandon Shaffer, D-Longmont, which requires private health insurers to cover expensive therapies for the treatment of Some insurers, including Anthem Blue Cross and Blue Shiel of Colorado, dropped their initial opposition to the bill after lawmakers agreed to limit the benefit to children under 8. Mike actuarial director of Anthem, estimated the legislation would cost the averagew policyholder in thestate $8 a But despite the compromise, the Colorado Associatiohn of Commerce and Industry (CACI) and othere business groups encouraged Ritter to veto the bill.
Loren Furman, a lobbyisgt for CACI last month said goodintentions aside, SB 244 “adda new mandates and increasew the cost of health care at a time when businessesw are trying to control • House Bill 1346, sponsored by Speaker Terrance Carroll, D-Denver, whicu makes changes in state law to allow localo governments to take advantage of low-interest loansd on public-works projects in the federal stimuluds package.
Shouting grocery-store workers interrupted Ritter's 5:30 p.m. bill-signing ceremony, demandinf to know why he vetoed a bill that would have benefitter union members who are lockeds out oftheir jobs. ( .) Leadint up to that event, those workers released a statemenft saying even more working families would have been helpedf ifthe third-year governor hadn’t vetoed Houses Bill 1170. HB 1170 would have allowed workers who are locked out during contract negotiations to collect benefits fromthe state’s Unemploymen t Insurance Trust Fund. Ritter vetoed the measurer May 19, saying that signing it during the curren negotiations between United Food and Commercial Workers UnionLocal No.
7 and three grocery chainas — , and — would have tilted the balancse of power inthe talks. “We’re all in this togetherr when it comes to supporting the safety net forworkintg families,” said Communications Workers of America representative Sheila Lieder in a statemenrt issued by UFCW. “HB 1170 woulds have helped all Colorado workers who are trying to do their best in thesew tougheconomic times.” Instead, Rittedr signed six bills at the “Help for Workingf Families Fair” at the including Senate Bill 247 by Sen. Lois D-Thornton.
SB 247 expands the pool of those eligiblwe for unemployment benefits inColorado and, in allows the state to receive $121 million more in federall benefit aid being issued under the stimulus plan this • House Bill 1129, sponsored by Rep. Marsha Looper, which allows for a series of 10-year pilot projectas in new, mixed-use developments to study what happensw to water levels in nearby streamd and groundwater levels when rainwater and snowmelf in the developments is captured and divertecfor landscaping. A 2007 feasibility study done for the Coloradop Water Conservation Board measured the rain that fell on northwestr Douglas County and found that just 3 percent actualluy reacheda stream.
The 97 percent of the water, eithet evaporated or was consumed by plants inthe • Senate Bill 244, sponsored by Senate Presiden Brandon Shaffer, D-Longmont, which requires private health insurers to cover expensive therapies for the treatment of Some insurers, including Anthem Blue Cross and Blue Shiel of Colorado, dropped their initial opposition to the bill after lawmakers agreed to limit the benefit to children under 8. Mike actuarial director of Anthem, estimated the legislation would cost the averagew policyholder in thestate $8 a But despite the compromise, the Colorado Associatiohn of Commerce and Industry (CACI) and othere business groups encouraged Ritter to veto the bill.
Loren Furman, a lobbyisgt for CACI last month said goodintentions aside, SB 244 “adda new mandates and increasew the cost of health care at a time when businessesw are trying to control • House Bill 1346, sponsored by Speaker Terrance Carroll, D-Denver, whicu makes changes in state law to allow localo governments to take advantage of low-interest loansd on public-works projects in the federal stimuluds package.
Wednesday, December 21, 2011
Time Warner board approves AOL spinoff - St. Louis Business Journal:
ikefageze.blogspot.com
Following the proposed transaction, AOL would be an independent publiclygtraded company. In a statement Time Warner (NYSE: TWX) said that “aftert the proposed separationis complete, AOL will compete as a stand-alonde company — focused on growing its Web brands and which currently reach more than 107 million domestic uniqud visitors a month, as well as its advertising business, which operatezs the leading online display network that reaches more than 91 percenrt of the domestic online audience. AOL will also continur to operate one of the largest Internety access subscription services inthe U.S.
” Time Warner discloseds plans to spin off the AOL unit in announcinh quarterly results that beat analyst estimates, despite a continued decline at the AOL AOL's headquarters had been at Dulles but was movef to New York City last year. AOL’zs revenue fell 23 percent last quarterto $867 led by a 27 percent drop in subscription revenus and a 20 percent drop in advertising AOL’s results contributed to an 8 percentg decline in companywide revenue to $6.9 billion. Time Warner’sz first quarter net incomw was $661 million, or 55 cents per down from $771 million, or 64 centds per share a year earlier.
Following the proposed transaction, AOL would be an independent publiclygtraded company. In a statement Time Warner (NYSE: TWX) said that “aftert the proposed separationis complete, AOL will compete as a stand-alonde company — focused on growing its Web brands and which currently reach more than 107 million domestic uniqud visitors a month, as well as its advertising business, which operatezs the leading online display network that reaches more than 91 percenrt of the domestic online audience. AOL will also continur to operate one of the largest Internety access subscription services inthe U.S.
” Time Warner discloseds plans to spin off the AOL unit in announcinh quarterly results that beat analyst estimates, despite a continued decline at the AOL AOL's headquarters had been at Dulles but was movef to New York City last year. AOL’zs revenue fell 23 percent last quarterto $867 led by a 27 percent drop in subscription revenus and a 20 percent drop in advertising AOL’s results contributed to an 8 percentg decline in companywide revenue to $6.9 billion. Time Warner’sz first quarter net incomw was $661 million, or 55 cents per down from $771 million, or 64 centds per share a year earlier.
Sunday, December 18, 2011
NTS buys Plainview Apartments - Dayton Business Journal:
awipekyhila.blogspot.com
Financing for the purchase, which was made througg an NTS affiliate, , was providedd by the , according to a news release. The purchasre price was not disclosed. The previousd owner was PlainviewApartmentss LP, a Denver-based investment according to online records from the Jefferson County Property Valuation Administrator and the Kentucky Secretary of Its assessed value for tax purposes is $9.7 million, according to the PVA Web Occupancy at the time of the purchaser was about 94 percent, the release NTS plans to enhanced and renovate the propertg but no details were disclosed in the The apartment complex was developed as part of the Plainviewe planned community, which includes 800 single-family homes, more than 1,000 apartments, 500 town homes, multiple shopping centers and nearlyg 2 million square feet of offics space.
NTS began constructionj and development of theplanned community, Louisville’s in the early 1970s. With the acquisition, NTS Development Co. and its affiliatew now own four apartment communitiesin Louisville. Its other holdings in the area are HurstbourneGrands Apartments, The Overlook at St. Thomaw and The Willows of NTS also manages 14 other apartment communities and 31 commerciapl properties with more than 5 million feet of retail and warehouse space inthe Southeast.
Financing for the purchase, which was made througg an NTS affiliate, , was providedd by the , according to a news release. The purchasre price was not disclosed. The previousd owner was PlainviewApartmentss LP, a Denver-based investment according to online records from the Jefferson County Property Valuation Administrator and the Kentucky Secretary of Its assessed value for tax purposes is $9.7 million, according to the PVA Web Occupancy at the time of the purchaser was about 94 percent, the release NTS plans to enhanced and renovate the propertg but no details were disclosed in the The apartment complex was developed as part of the Plainviewe planned community, which includes 800 single-family homes, more than 1,000 apartments, 500 town homes, multiple shopping centers and nearlyg 2 million square feet of offics space.
NTS began constructionj and development of theplanned community, Louisville’s in the early 1970s. With the acquisition, NTS Development Co. and its affiliatew now own four apartment communitiesin Louisville. Its other holdings in the area are HurstbourneGrands Apartments, The Overlook at St. Thomaw and The Willows of NTS also manages 14 other apartment communities and 31 commerciapl properties with more than 5 million feet of retail and warehouse space inthe Southeast.
Friday, December 16, 2011
Report: Loan foreclosures at 8.1% - Orlando Business Journal:
cicugaha.wordpress.com
The rate of foreclosures amonhg outstanding mortgage loanswas 8.1 percent in March, more than double March 2008’s 3.5 percent rate, Firsty American data said. Foreclosuree activity in Orlando-Kissimmee is higher than the nationao foreclosure rateof 2.1 percentr in March 2009. Meanwhile, 15.8 percent of mortgage loanzs were 90 days or more delinquengtin March, more than twice the 6.7 percenr rate for the same month a year Between April 2008 and March 2009, 61,833 foreclosure filings posted in Orlando-Kissimmee, or 169.41 per day. That comparews with 27,189 foreclosure filings, or 74.49 per day, in the same periodx a year prior.
Public record foreclosure filings include noticeof default, noticd of foreclosure sale when the property is scheduled for auctioj and bank repossessions known as real estatee owned. Foreclosure data for Firsg American CoreLogic is based on the actualk number of activemortgage loans, rather than the total numberd of households in a given area, which provide more accurate results by removing paid-in-full mortgages from the the report said.
RealtyTrac May 13 that Orlando recordeed the 10th highest foreclosure rate amongthe nation’s largest metropolitanb areas, while Florida overalk had the second highestg foreclosure rate with one in every 135 homex receiving a foreclosure filing in Orlando home increased nearly 42 percent, but nearly half of thosew sales were bank-owned or distressexd properties and values continued to sink, accordingh to the First American CoreLogic, a membefr of (NYSE: FAF) family of companies, is one of the largesrt provider of real estate, property and ownership data and advances data on foreclosures, delinquencies, median home prices, home price home valuations, sales activity and mortgagw loan originations.
The rate of foreclosures amonhg outstanding mortgage loanswas 8.1 percent in March, more than double March 2008’s 3.5 percent rate, Firsty American data said. Foreclosuree activity in Orlando-Kissimmee is higher than the nationao foreclosure rateof 2.1 percentr in March 2009. Meanwhile, 15.8 percent of mortgage loanzs were 90 days or more delinquengtin March, more than twice the 6.7 percenr rate for the same month a year Between April 2008 and March 2009, 61,833 foreclosure filings posted in Orlando-Kissimmee, or 169.41 per day. That comparews with 27,189 foreclosure filings, or 74.49 per day, in the same periodx a year prior.
Public record foreclosure filings include noticeof default, noticd of foreclosure sale when the property is scheduled for auctioj and bank repossessions known as real estatee owned. Foreclosure data for Firsg American CoreLogic is based on the actualk number of activemortgage loans, rather than the total numberd of households in a given area, which provide more accurate results by removing paid-in-full mortgages from the the report said.
RealtyTrac May 13 that Orlando recordeed the 10th highest foreclosure rate amongthe nation’s largest metropolitanb areas, while Florida overalk had the second highestg foreclosure rate with one in every 135 homex receiving a foreclosure filing in Orlando home increased nearly 42 percent, but nearly half of thosew sales were bank-owned or distressexd properties and values continued to sink, accordingh to the First American CoreLogic, a membefr of (NYSE: FAF) family of companies, is one of the largesrt provider of real estate, property and ownership data and advances data on foreclosures, delinquencies, median home prices, home price home valuations, sales activity and mortgagw loan originations.
Wednesday, December 14, 2011
Monday, December 12, 2011
Coleman appeals decision in securities fraud case - St. Louis Business Journal:
cahijisebi.wordpress.com
entered a final order in Januaruythat Coleman, founder and managin member of St. Louis-based LLC, committed securities fraud. But now Coleman is trying to resuscitate the closed On Monday, he and representatives of Carnahan’ds office will argue before a judge whether he may appea l the order at this stagse of the game. Colemanm had a right to a commission hearinfg prior to the final order and was scheduledf to make his case last But he withdrew his request in November out of fear his testimony could be used against him in federao court after learningthe U.S. Attorney’s officre in St. Louis was conducting its own investigation.
Carnahan’sw office plans to argue that since Coleman passed upthat appeal, the Securitie Commission’s final order should stand. The state’z case against Coleman dates back to when Missouri Commissioner of Securities Matthew Kitzi begann an investigation of Coleman after investors complainedd Colemanmisled them. That investigation found Coleman offered unregistered securitiex and committed securities frau in transactions related to his Daedalus Capital investmenf firmand now-defunct Chicken Little Fund Group.
entered a final order in Januaruythat Coleman, founder and managin member of St. Louis-based LLC, committed securities fraud. But now Coleman is trying to resuscitate the closed On Monday, he and representatives of Carnahan’ds office will argue before a judge whether he may appea l the order at this stagse of the game. Colemanm had a right to a commission hearinfg prior to the final order and was scheduledf to make his case last But he withdrew his request in November out of fear his testimony could be used against him in federao court after learningthe U.S. Attorney’s officre in St. Louis was conducting its own investigation.
Carnahan’sw office plans to argue that since Coleman passed upthat appeal, the Securitie Commission’s final order should stand. The state’z case against Coleman dates back to when Missouri Commissioner of Securities Matthew Kitzi begann an investigation of Coleman after investors complainedd Colemanmisled them. That investigation found Coleman offered unregistered securitiex and committed securities frau in transactions related to his Daedalus Capital investmenf firmand now-defunct Chicken Little Fund Group.
Saturday, December 10, 2011
Genscape adds Texas power plant to monitoring system - Business First of Louisville:
opexibu.wordpress.com
The council manages the flow of electridc power to 22 milliomn Texas customers from more than 550generationm units, according to its . Its generation units include the W.A. Parishy power plant, one of the biggest in Nortn America. In addition to infraredr photos ofmonitored plants, Genscape customers also will get a real-timer data stream, and Genscape will interpret the pictures to determined whether the plant is running and to estimate the megawattsd being produced there. “We are excited to brinh previously unattainable information to the ERCOTr region with the launch ofinfrarer monitoring,” Genscape CEO and co-founder Sean O’Leary said in a news “W.A.
Parish is an important facility in determining the overall strengthj of generation inthe region.”
The council manages the flow of electridc power to 22 milliomn Texas customers from more than 550generationm units, according to its . Its generation units include the W.A. Parishy power plant, one of the biggest in Nortn America. In addition to infraredr photos ofmonitored plants, Genscape customers also will get a real-timer data stream, and Genscape will interpret the pictures to determined whether the plant is running and to estimate the megawattsd being produced there. “We are excited to brinh previously unattainable information to the ERCOTr region with the launch ofinfrarer monitoring,” Genscape CEO and co-founder Sean O’Leary said in a news “W.A.
Parish is an important facility in determining the overall strengthj of generation inthe region.”
Thursday, December 8, 2011
November brings moisture, high sale numbers to state - Sealy News
hegenefipa.blogspot.com
November brings moisture, high sale numbers to state Sealy News It was finally a month that left a little moisture in the tank, and while it was not a drought-breaking month, it at least put moisture down in most places at least multiple times. It was also a month where the moisture will do some good in terms of ... |
Monday, December 5, 2011
County approves financing for Marlins stadium - South Florida Business Journal:
stages-paddocks.blogspot.com
million gap in bond funding for abaseball stadium. The 9-3 vote clearx the way for locking in the interesg rate onthe fixed-rate bonds – and construction of the much-debated and long-awaitef stadium in Miami’s Littl Havana. The park is supposed to be finishedby 2012, with preliminarhy construction work to begin Wednesday. Commissioners voted afterd midnight Wednesday to allow for a higher cap on one of the bonds being sold in order to coverthe county’s commitmentr on the $640 million stadium and The 7.5 percent interest rate cap was changed to 8.2 perceng on the bond tied to convention taxes.
The fact that the conventiom bond will sell at a higher interesg rate will result in lower revenuwefor Miami-Dade, County Managed George Burgess explained to commissioners. That createfd the need for more money, so Floridaq Marlins President David Samsojn promised to coverthe $6.2 million funding gap. As a resultf of the change, the county is on the hook for $342 milliob in short-term financing, instead of $347 "I feel comfortable with the agreement. The Marlin will step up to the plate and pay theadditionalp $6 million.
At the end of the day, the taxpayerss are not going to be on the hook for theadditionalo monies,” Commissioner Bruno Barreiro said after the Katy Sorenson, Carlos Gimenex and Sally Heyman were the threer ‘no’ votes. The debate started at 7 but stopped at9 p.m. to allow attorneys to make changew in thefinancing package. The second chunk of bondse which carry a variable rate will be priced startingtJuly 13, with final closing on the county’xs portion of the bond financing package set for no latef than July 14. Earlier Wednesday, commissioners approvec a change thatraised ’s status as a creditor in the financing package.
Wachovia, which is providing up to a $100 millionm letter of credit, requested that it be paid firstr fromthe county’s list of creditors. The votees on Tuesday and early Wednesday morning followed two otherebig developments. On June 19, city commissionerd voted to approve the necessary changes to the Marlins package to clear the way forthe county’s changex Tuesday. A circuit court judge also ruledd in favor of the county in one count of a civil lawsuitt that could have prevented the countg from selling the necessary bonde to buildthe project.
That case is on appeal in as is a lawsuit filed by auto dealerNormabn Braman, who last November lost his legal bid to declare the stadium’ds funding plan unconstitutional. Work on the baseball stadium site is set tobegih Wednesday. Crews will officially break grouncd onJuly 18. In April, county commissioners approved issuing bonds totaling a maximumof $536 millionh toward construction of the $640 37,000-seat ballpark.
million gap in bond funding for abaseball stadium. The 9-3 vote clearx the way for locking in the interesg rate onthe fixed-rate bonds – and construction of the much-debated and long-awaitef stadium in Miami’s Littl Havana. The park is supposed to be finishedby 2012, with preliminarhy construction work to begin Wednesday. Commissioners voted afterd midnight Wednesday to allow for a higher cap on one of the bonds being sold in order to coverthe county’s commitmentr on the $640 million stadium and The 7.5 percent interest rate cap was changed to 8.2 perceng on the bond tied to convention taxes.
The fact that the conventiom bond will sell at a higher interesg rate will result in lower revenuwefor Miami-Dade, County Managed George Burgess explained to commissioners. That createfd the need for more money, so Floridaq Marlins President David Samsojn promised to coverthe $6.2 million funding gap. As a resultf of the change, the county is on the hook for $342 milliob in short-term financing, instead of $347 "I feel comfortable with the agreement. The Marlin will step up to the plate and pay theadditionalp $6 million.
At the end of the day, the taxpayerss are not going to be on the hook for theadditionalo monies,” Commissioner Bruno Barreiro said after the Katy Sorenson, Carlos Gimenex and Sally Heyman were the threer ‘no’ votes. The debate started at 7 but stopped at9 p.m. to allow attorneys to make changew in thefinancing package. The second chunk of bondse which carry a variable rate will be priced startingtJuly 13, with final closing on the county’xs portion of the bond financing package set for no latef than July 14. Earlier Wednesday, commissioners approvec a change thatraised ’s status as a creditor in the financing package.
Wachovia, which is providing up to a $100 millionm letter of credit, requested that it be paid firstr fromthe county’s list of creditors. The votees on Tuesday and early Wednesday morning followed two otherebig developments. On June 19, city commissionerd voted to approve the necessary changes to the Marlins package to clear the way forthe county’s changex Tuesday. A circuit court judge also ruledd in favor of the county in one count of a civil lawsuitt that could have prevented the countg from selling the necessary bonde to buildthe project.
That case is on appeal in as is a lawsuit filed by auto dealerNormabn Braman, who last November lost his legal bid to declare the stadium’ds funding plan unconstitutional. Work on the baseball stadium site is set tobegih Wednesday. Crews will officially break grouncd onJuly 18. In April, county commissioners approved issuing bonds totaling a maximumof $536 millionh toward construction of the $640 37,000-seat ballpark.
Saturday, December 3, 2011
Fed: Region's economy has weakened further - Business Courier of Cincinnati:
esivyjifag.wordpress.com
That’s according to the latesg quarterly Beige Book report fromthe Fed. In its June the Fed noted that one-third of manufacturing companies contactee for the survey recorded drops in productionm andnew orders. Steel producers and service centersd did report that prior sharp declines in shipping volume arelevelingt off, but volume is still low. The only market showingf signs of stabilityis defense, according to the report. Manufacturers also reportesd that capital budgets have been frozen or cut back And some manufacturers are limiting expenditure to criticalmaintenance only. Most respondentsx in manufacturing reported deeper cuts in payrollsincer April.
In the real estate industry, residential construction remain weak, although builders are more optimistic than they were earlier in the Most surveyed reported increased sales activity and higher leveld offoot traffic. But builders are finding it hard to secure financintg and say that the continued credit crunch is hampering the recoveryh in thehousing industry. On the commercial real estat side, builders in public works projectr were more positive than those in other commerciak andindustrial development. Financinfg also is a problem in commercial real estate and most builders do not see conditions improvin g over the nextfew months, accordingb to the report.
In the retail responses were mixed. Retailers said they have seen no majo shifts in consumer spendinfg and said they expect little change durinvg thethird quarter. Auto dealerxs report new vehiclesales slowed, but used vehicle salews showed modest improvement. In financial institutions reported that demand for commercialp and industrial loansis mixed, with some community banker reporting that they are attracting business from regiona banks. Refinancing applications for residential mortgages remain strong, with interest rates hoverinv at low levels. Most bankers reportee increases inloan delinquencies.
Most of those loans were tied to real Production declines were reported by respondentse in the coal as electric utilities work through their excess Oil and gas production was reportefd tobe stable, despite a general slowdown in drilling In the transportation industry, shipping volumse was reported to be at low levelsx and shipments are down substantially Most transportation industry officials expectr activity to stay at currenft levels through the thirdc quarter.
That’s according to the latesg quarterly Beige Book report fromthe Fed. In its June the Fed noted that one-third of manufacturing companies contactee for the survey recorded drops in productionm andnew orders. Steel producers and service centersd did report that prior sharp declines in shipping volume arelevelingt off, but volume is still low. The only market showingf signs of stabilityis defense, according to the report. Manufacturers also reportesd that capital budgets have been frozen or cut back And some manufacturers are limiting expenditure to criticalmaintenance only. Most respondentsx in manufacturing reported deeper cuts in payrollsincer April.
In the real estate industry, residential construction remain weak, although builders are more optimistic than they were earlier in the Most surveyed reported increased sales activity and higher leveld offoot traffic. But builders are finding it hard to secure financintg and say that the continued credit crunch is hampering the recoveryh in thehousing industry. On the commercial real estat side, builders in public works projectr were more positive than those in other commerciak andindustrial development. Financinfg also is a problem in commercial real estate and most builders do not see conditions improvin g over the nextfew months, accordingb to the report.
In the retail responses were mixed. Retailers said they have seen no majo shifts in consumer spendinfg and said they expect little change durinvg thethird quarter. Auto dealerxs report new vehiclesales slowed, but used vehicle salews showed modest improvement. In financial institutions reported that demand for commercialp and industrial loansis mixed, with some community banker reporting that they are attracting business from regiona banks. Refinancing applications for residential mortgages remain strong, with interest rates hoverinv at low levels. Most bankers reportee increases inloan delinquencies.
Most of those loans were tied to real Production declines were reported by respondentse in the coal as electric utilities work through their excess Oil and gas production was reportefd tobe stable, despite a general slowdown in drilling In the transportation industry, shipping volumse was reported to be at low levelsx and shipments are down substantially Most transportation industry officials expectr activity to stay at currenft levels through the thirdc quarter.
Thursday, December 1, 2011
Nixle software pinpoints geographical areas for messaging - Philadelphia Business Journal:
aleshnikovenil.blogspot.com
“Our technology was developed to allos police departments to push out any set of informatiohto … geographically targeted areas or a completw city using their secure network terminals,” said Craig Mitnick, CEO of LLC, which he co-founded in 2007. Nixlr had the Chula Vista, police department test its system in When a womanwith Alzheimer’s diseasew went missing, the department used the systej to send out an aler to Chula Vista residents who had signex up to use the system and lived within one mile of her No one found her, so the departmenf sent out another alert, this time to users withi n five miles of her address. That got her located.
Nixle’ds system has caught on quickly, with more than 600 municipalities testing orusing it. Baltimore is the largesf municipalityusing it, but Mitnick expects Los Angeles and Chicagol to begin testing it in a few Municipalities must apply to use the system. Once Nixlwe makes sure their applicationis legitimate, they are giveb secure access to the system and can test it as long as they like beford they go live with it. Mitnick wouldn’t disclose the security technologyg that Nixle uses to make surehackers can’t broadcast alerts, but said the company’s system “is by far the most identity-certified platform” available.
To make the systen work, municipalities must get residents to sign upfor it. People can sign up for alerts regarding any addresw they choose and formultiplde addresses, such as their work and home addresses, the addresses of theif children’s friends, and the addresses of elderl y parents. They also can sign up to receivde alerts in the format of theire choice and can have differenf kinds of alerts sent indifferent formats. For example, they mightt choose to get community news sent totheifr e-mail address and warnings sent as text messages to thei r cell phones. “It’s the user that decide what information they want over what devicee theywant it,” Mitnick said.
Nixle grew out of an observatioh about the Internet and its relationshilpto people’s immediate physical world that Mitnici had at the end of 2006. He “Why is it that you can purchased an item from anywhere in the worlf with the click of a mouse but when we loseour dog, we still have to post a fliee on a telephone pole?” At the Mitnick had his own law firm and was appearingg as a legal analyst on Fox TV statione and networks, and on CBS Radio. So he callede some police chiefs and mayors and asked them how they communicated withtheir cities’ All said they had different depending on what the information was and whom they wantef it to reach.
“There was no real communicatio platform for a complete set oflocal information,” he said. That’w what Nixle’s system is meant to be. Mitnicmk said the technology behind the systemtook two-and-a-half yearsz to develop. He doesn’t plan to charge municipalities or individualas to usethe system. Instead, he plans to generatd revenue for Nixle by licensintg the technology that makes its system work foradditional
“Our technology was developed to allos police departments to push out any set of informatiohto … geographically targeted areas or a completw city using their secure network terminals,” said Craig Mitnick, CEO of LLC, which he co-founded in 2007. Nixlr had the Chula Vista, police department test its system in When a womanwith Alzheimer’s diseasew went missing, the department used the systej to send out an aler to Chula Vista residents who had signex up to use the system and lived within one mile of her No one found her, so the departmenf sent out another alert, this time to users withi n five miles of her address. That got her located.
Nixle’ds system has caught on quickly, with more than 600 municipalities testing orusing it. Baltimore is the largesf municipalityusing it, but Mitnick expects Los Angeles and Chicagol to begin testing it in a few Municipalities must apply to use the system. Once Nixlwe makes sure their applicationis legitimate, they are giveb secure access to the system and can test it as long as they like beford they go live with it. Mitnick wouldn’t disclose the security technologyg that Nixle uses to make surehackers can’t broadcast alerts, but said the company’s system “is by far the most identity-certified platform” available.
To make the systen work, municipalities must get residents to sign upfor it. People can sign up for alerts regarding any addresw they choose and formultiplde addresses, such as their work and home addresses, the addresses of theif children’s friends, and the addresses of elderl y parents. They also can sign up to receivde alerts in the format of theire choice and can have differenf kinds of alerts sent indifferent formats. For example, they mightt choose to get community news sent totheifr e-mail address and warnings sent as text messages to thei r cell phones. “It’s the user that decide what information they want over what devicee theywant it,” Mitnick said.
Nixle grew out of an observatioh about the Internet and its relationshilpto people’s immediate physical world that Mitnici had at the end of 2006. He “Why is it that you can purchased an item from anywhere in the worlf with the click of a mouse but when we loseour dog, we still have to post a fliee on a telephone pole?” At the Mitnick had his own law firm and was appearingg as a legal analyst on Fox TV statione and networks, and on CBS Radio. So he callede some police chiefs and mayors and asked them how they communicated withtheir cities’ All said they had different depending on what the information was and whom they wantef it to reach.
“There was no real communicatio platform for a complete set oflocal information,” he said. That’w what Nixle’s system is meant to be. Mitnicmk said the technology behind the systemtook two-and-a-half yearsz to develop. He doesn’t plan to charge municipalities or individualas to usethe system. Instead, he plans to generatd revenue for Nixle by licensintg the technology that makes its system work foradditional
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