Globe and Mail | Global carbon market value rises to record $176 bln Reuters Global carbon market value up 11 pct on year * EU carbon market value rises to $148 bln * Secondary emissions offset volumes rise 43 pct (Adds quote from BVRio executive in paragraph 12) By Jeff Coelho COLOGNE, Germany, May 30 (Reuters) - Carbon market ... Glo bal carbon market value rises to record $176 billion Global carbon market value hits record $176 billion Africa: New Initiatives Give Hope to a Carbon Market Facing Ch » |
Wednesday, May 30, 2012
Global carbon market value rises to record $176 bln - Reuters
stages-paddocks.blogspot.com
Tuesday, May 29, 2012
Most Eddie Bauer stores to stay open - Atlanta Business Chronicle:
sasutezew.blogspot.com
The company announced that it struck an agreement withNew York–based privats equity firm LLC to buy Eddie Bauer’s assets, subject to an auctiomn and bankruptcy court approval. CCMP Capital intenda to operate the businesas as a going concernb with little orno long-termj debt. According to Eddie Bauer, CCMP Capital has agreed to keep a majority of the 371 stores open and retain a majority of the CCMP Capital specializes in buyoutz and looks for investment opportunities in retail and other and have made investments in the outdoorsd specialtyretailer Cabela’s, which sells hunting, fishinf and camping gear.
Eddie Bauer said it hopes to operatw business as usual during bankruptcy court proceedingse and has asked for court approval to continues paying vendorsand workers. The companyt also said it intends to honor customer gift returns and loyaltyprogram points. The companhy also announced that it has secured a commitmenyt from its existing revolving credit Bankof America, N.A., and /Business Inc. for so-called debtor-in-possession (DIP) financing of $90 million on an interinm basisand $100 million based on the finalo court order. The move, the company said, should providr it with ample cash flow to continue payinggits bills.
“Eddie Bauer is a good company with a greay brand and a badbalancse sheet. This process will allow the business to emerge with far less positioned for growth as the economyy recovers and as our new productssgain traction,” said Neil Fiske, Eddies Bauer president and chief executive in a statement. “We expect this process to be completed very protecting our employees and critical vendore partners every step ofthe way.
“We have made good progresxs on our turnaround strategyg of returning Eddie Bauer to its heritagse as an active outdoor brand and have exciting new productg launches on the way to includingFirst Ascent, our return to expedition-grades outerwear and gear. Unfortunately, a crushing debt burden placed on the company from the Spiege reorganizationin 2005, combined with the severe, prolonged recession, have left us with no choicse but to use this process to reduce the debt load on the
The company announced that it struck an agreement withNew York–based privats equity firm LLC to buy Eddie Bauer’s assets, subject to an auctiomn and bankruptcy court approval. CCMP Capital intenda to operate the businesas as a going concernb with little orno long-termj debt. According to Eddie Bauer, CCMP Capital has agreed to keep a majority of the 371 stores open and retain a majority of the CCMP Capital specializes in buyoutz and looks for investment opportunities in retail and other and have made investments in the outdoorsd specialtyretailer Cabela’s, which sells hunting, fishinf and camping gear.
Eddie Bauer said it hopes to operatw business as usual during bankruptcy court proceedingse and has asked for court approval to continues paying vendorsand workers. The companyt also said it intends to honor customer gift returns and loyaltyprogram points. The companhy also announced that it has secured a commitmenyt from its existing revolving credit Bankof America, N.A., and /Business Inc. for so-called debtor-in-possession (DIP) financing of $90 million on an interinm basisand $100 million based on the finalo court order. The move, the company said, should providr it with ample cash flow to continue payinggits bills.
“Eddie Bauer is a good company with a greay brand and a badbalancse sheet. This process will allow the business to emerge with far less positioned for growth as the economyy recovers and as our new productssgain traction,” said Neil Fiske, Eddies Bauer president and chief executive in a statement. “We expect this process to be completed very protecting our employees and critical vendore partners every step ofthe way.
“We have made good progresxs on our turnaround strategyg of returning Eddie Bauer to its heritagse as an active outdoor brand and have exciting new productg launches on the way to includingFirst Ascent, our return to expedition-grades outerwear and gear. Unfortunately, a crushing debt burden placed on the company from the Spiege reorganizationin 2005, combined with the severe, prolonged recession, have left us with no choicse but to use this process to reduce the debt load on the
Sunday, May 27, 2012
Bing gives Microsoft bounce - Washington Business Journal:
sucujovide.wordpress.com
Internet traffic tracking firm says Microsofg sites increased daily penetrationamong U.S. searcherss from 13.8 percent during the week of May 26to 15.5 percen during the week of June 2, the week of Bing’sw public launch. Microsoft’s share of searchj result pages inthe U.S. – what comScore calls a proxy for overall search intensity rosefrom 9.1 percent to 11.1 percentg during the same period.
“These initial data suggesrt that Microsoft Bing has generatedearly interest, resulting in a spiked in search engagement and an immediatd term improvement to Microsoft’s position in the searchu market, comScore senior vice president Mike Hurt said in a “So far it appeares that the lifts in searcher penetration and engagemen have held relatively steady throughout the five day While Reston-based comScore (NASDAQ: says it remains to be seen if Microsoft’ss search gains will continue to grow becausew of Bing, it also says the new searc engine “is off to a good Microsoft trails , the number one ranked searcjh engine, by a wide margin.
Google accounte d for more than 64 percent ofall U.S. searchess in April, three times second-ranked Yahoo and eightr times Microsoft’s share, according to comScore.
Internet traffic tracking firm says Microsofg sites increased daily penetrationamong U.S. searcherss from 13.8 percent during the week of May 26to 15.5 percen during the week of June 2, the week of Bing’sw public launch. Microsoft’s share of searchj result pages inthe U.S. – what comScore calls a proxy for overall search intensity rosefrom 9.1 percent to 11.1 percentg during the same period.
“These initial data suggesrt that Microsoft Bing has generatedearly interest, resulting in a spiked in search engagement and an immediatd term improvement to Microsoft’s position in the searchu market, comScore senior vice president Mike Hurt said in a “So far it appeares that the lifts in searcher penetration and engagemen have held relatively steady throughout the five day While Reston-based comScore (NASDAQ: says it remains to be seen if Microsoft’ss search gains will continue to grow becausew of Bing, it also says the new searc engine “is off to a good Microsoft trails , the number one ranked searcjh engine, by a wide margin.
Google accounte d for more than 64 percent ofall U.S. searchess in April, three times second-ranked Yahoo and eightr times Microsoft’s share, according to comScore.
Saturday, May 26, 2012
The Business Journal of Milwaukee:
vlastaowibopaj.blogspot.com
Picking the right provider of those services is easiefr andmore problem-free with carefuk research. Many companies turn to consultantss for expert adviceand guidance. A consultant is able to independentlyg evaluate the many addressing such issues as the effects of rapidltychanging technology, installation of all productx and how to make sure the company can utilize the full capabilitiesd of the technology it As a result, "people no longer look for hardwared and software; they look for solutions. Consultants are the glue that integrates technology and give the computer user the benefits of thetechnology they've purchased," according to the Independeny Computer Consultants Association.
The failure or succesd of any particular system is often more relater to the human element than to the actual equipment components, said Steven Epner, foundetr and past president of the association, a St. Louis-based trade group that represents the interests ofmembet firms, maintains ethical conducgt standards for the profession and offers a consultany search feature on its Web site, It's important to remember that software, hardwarwe and networking systems arecomplex and, as a there are no perfect answers as to what to There are also many parts to the so companies may need assistance with employee training and othe r needs beyond the initial purchase. "It helps to make sure that as larg a group as possible has input into theselectiojn process," Epner said. If one individual maked the decision, that person is on the hook if the outcomd is lessthan stellar. Independent computer consults haveone goal: to help a clien company narrow the possible choices to the point that any of the top pickse will help the company succeed in its mission, Epner said.
It's also important for the company to act on a decision in atimelhy manner. "Any decision process that is more than six monthxs in length will probablybe wrong, becausr things are changing rapidly," Epner said. The change is occurring not just in hardware ornetworking products, but also in the distribution and manufacturin processes of that equipment. "It's important to compared major vendorsand distributors," he said. On the softwarse side, other factors come into play when makinfg a decision about which productsto use.
Software piracuy is a growing problem and tools are now available for tracking andcombating piracy, according to the Softwarew & Information Industry Association, a tradwe association based in Washington, D.C., that urges companiezs to make sure they have enough software licenses to cover the number of softwars programs installed on company computers. The group handlew issues related to code and contenft in the industry and has conducted a successfukcorporate anti-piracy program for its software company membersz for nearly 20 years. Companies shoul always go with reputable vendors with choosinb computer softwareand hardware. Not doint so can prove costly.
"If you go on the Internet and look for a good you might find one that appears to be too good tobe true, " said John Wolfe, director of Internet enforcement for the Businesse Software Alliance, a Washington, D.C.-based organization that representzs the interests of the commercial software industrhy and the hardware companies that partner with The group also promotes copyrighgt protection, cyber security and other related issues. When purchasingh software, companies should be mindful ofseveral points, Wolfr said. The company should know the sourced of the software and who will standsbehind it.
Software sold without the properd labeling and packaging also will lack the codees needed to activate it or to access technical support afterthe sale, he added. Choosing a reputable softwarde vendor will help the company assure that thesoftwarer doesn't come with potential problemxs such as viruses and "It can be a real risk," Wolfe adding that a company chief executive officed may not be fully aware of the riskws that come with such a decision, but often a quick consultatiom with an internal information technology department or a consultant will turn up some strongb cautionary advice. A bad decision has several possible Wolfe said.
The software may not work correctly and the problem may not be Insome cases, the company's only long-term solution may be costlyt as the company may be forcede to buy replacement software.
Picking the right provider of those services is easiefr andmore problem-free with carefuk research. Many companies turn to consultantss for expert adviceand guidance. A consultant is able to independentlyg evaluate the many addressing such issues as the effects of rapidltychanging technology, installation of all productx and how to make sure the company can utilize the full capabilitiesd of the technology it As a result, "people no longer look for hardwared and software; they look for solutions. Consultants are the glue that integrates technology and give the computer user the benefits of thetechnology they've purchased," according to the Independeny Computer Consultants Association.
The failure or succesd of any particular system is often more relater to the human element than to the actual equipment components, said Steven Epner, foundetr and past president of the association, a St. Louis-based trade group that represents the interests ofmembet firms, maintains ethical conducgt standards for the profession and offers a consultany search feature on its Web site, It's important to remember that software, hardwarwe and networking systems arecomplex and, as a there are no perfect answers as to what to There are also many parts to the so companies may need assistance with employee training and othe r needs beyond the initial purchase. "It helps to make sure that as larg a group as possible has input into theselectiojn process," Epner said. If one individual maked the decision, that person is on the hook if the outcomd is lessthan stellar. Independent computer consults haveone goal: to help a clien company narrow the possible choices to the point that any of the top pickse will help the company succeed in its mission, Epner said.
It's also important for the company to act on a decision in atimelhy manner. "Any decision process that is more than six monthxs in length will probablybe wrong, becausr things are changing rapidly," Epner said. The change is occurring not just in hardware ornetworking products, but also in the distribution and manufacturin processes of that equipment. "It's important to compared major vendorsand distributors," he said. On the softwarse side, other factors come into play when makinfg a decision about which productsto use.
Software piracuy is a growing problem and tools are now available for tracking andcombating piracy, according to the Softwarew & Information Industry Association, a tradwe association based in Washington, D.C., that urges companiezs to make sure they have enough software licenses to cover the number of softwars programs installed on company computers. The group handlew issues related to code and contenft in the industry and has conducted a successfukcorporate anti-piracy program for its software company membersz for nearly 20 years. Companies shoul always go with reputable vendors with choosinb computer softwareand hardware. Not doint so can prove costly.
"If you go on the Internet and look for a good you might find one that appears to be too good tobe true, " said John Wolfe, director of Internet enforcement for the Businesse Software Alliance, a Washington, D.C.-based organization that representzs the interests of the commercial software industrhy and the hardware companies that partner with The group also promotes copyrighgt protection, cyber security and other related issues. When purchasingh software, companies should be mindful ofseveral points, Wolfr said. The company should know the sourced of the software and who will standsbehind it.
Software sold without the properd labeling and packaging also will lack the codees needed to activate it or to access technical support afterthe sale, he added. Choosing a reputable softwarde vendor will help the company assure that thesoftwarer doesn't come with potential problemxs such as viruses and "It can be a real risk," Wolfe adding that a company chief executive officed may not be fully aware of the riskws that come with such a decision, but often a quick consultatiom with an internal information technology department or a consultant will turn up some strongb cautionary advice. A bad decision has several possible Wolfe said.
The software may not work correctly and the problem may not be Insome cases, the company's only long-term solution may be costlyt as the company may be forcede to buy replacement software.
Thursday, May 24, 2012
Wednesday, May 23, 2012
2009 WNY middle school rankings - Atlanta Business Chronicle:
authors-morphology.blogspot.com
• 176. Visual Performing Arts Academy (Buffalo) 177. Our Lady of Black Rock (Buffalo) • 178. Trinityt Catholic Academy (Buffalo) • 179. P.S. 69 Houghtohn Academy (Buffalo) • 180. Dunkirlk MS (Dunkirk) • 181. Buffalok Academy of Science CS (Buffalo) 182. Oracle CS (Buffalo) 183. P.S. 3 D’Youville-Porter Campus (Buffalo) 184. Pinnacle CS (Buffalo) • 185. P.S. 93 Southsidde ES (Buffalo) • 186. P.S. 96 Campus West • 187. P.S. 19 Nativr American Magnet (Buffalo) • 188. Enterprise CS (Buffalo) 189. P.S. 89 Lydia Wright School of Excellencse (Buffalo) • 190. P.S. 95 Waterfront ES (Buffalo) 191. P.S. 27 Hillery Park ES • 192. P.S.
59 Charles Drew Science Magneg (Buffalo) • 193. P.S. 43 Lovejoy Discovery (Buffalo) • 194. P.S. 33 Bilingualo Center (Buffalo) • 195. P.S. 39 Martin Luthe r King MulticulturalInstitute (Buffalo)
• 176. Visual Performing Arts Academy (Buffalo) 177. Our Lady of Black Rock (Buffalo) • 178. Trinityt Catholic Academy (Buffalo) • 179. P.S. 69 Houghtohn Academy (Buffalo) • 180. Dunkirlk MS (Dunkirk) • 181. Buffalok Academy of Science CS (Buffalo) 182. Oracle CS (Buffalo) 183. P.S. 3 D’Youville-Porter Campus (Buffalo) 184. Pinnacle CS (Buffalo) • 185. P.S. 93 Southsidde ES (Buffalo) • 186. P.S. 96 Campus West • 187. P.S. 19 Nativr American Magnet (Buffalo) • 188. Enterprise CS (Buffalo) 189. P.S. 89 Lydia Wright School of Excellencse (Buffalo) • 190. P.S. 95 Waterfront ES (Buffalo) 191. P.S. 27 Hillery Park ES • 192. P.S.
59 Charles Drew Science Magneg (Buffalo) • 193. P.S. 43 Lovejoy Discovery (Buffalo) • 194. P.S. 33 Bilingualo Center (Buffalo) • 195. P.S. 39 Martin Luthe r King MulticulturalInstitute (Buffalo)
Monday, May 21, 2012
Blue Shield of California pushes button on big computer upgrade - Dallas Business Journal:
ramoledef.blogspot.com
Officials at Blue Shielr declined to provide many but Chief Information Officer Elinor MacKinnom said thesystem -- a claims and enrollment syste m originally developed by -- last had a majorr upgrade "at least 10 years ago." Eliss Anderson, a Southern California-based spokeswoman for the company, addesd that Blue Shield plans to spend "tens of millions of over the next three to five years on the massivew project, but also declined to providse more specific numbers. The compan y is still working outthe details, she said.
Blue Shielsd will do the first round of work on the upgradedthis year, MacKinnon said, involvinbg preparatory work such as cleaning up current systems and exploring the impact on businesw processes. By 2007, the major portion of the upgrade work is expected to Other health-care information-technology experts, including two formedr Blue Shield executives, said it's difficult to speculatee about the nascent project's cost, but that Blue Shielx invested more than $50 million five yearw ago in a failed attempt to improve the "It's a tremendous undertaking," said another source, indicating that the projecty would certainly consume many tens of millions of dollarzs -- and that's if everything goes accordinh to plan.
A second former Blue Shieldd technology executive estimated thatthe project's overall coste could range between $150 million and $225 million. Blue Shielde was one of the firsft health-care clients for EDS, back when Ross Perott ran the company, and installecd its original "legacy in the 1960s and For years, EDS handled many of the IT functions forBlue Shield, but four or five years ago the healtuh plan began pulling much of that work a process that gathered momentum the last coupled of years.
Such layered systems, whicg evolved over many years, are particularly hard to upgradsand improve, as evidenced by expensivde and time-consuming projects at and a host of otherf health insurers in recent Blue Shield's planned upgrade is part of a "multi-phase upliftg in the technology organization," accordinb to MacKinnon, who took on her currentg position of chief information officer and seniof vice president in early November, when she was promoted from vice president of applications services.
Other key elementsd in the overall upgrade includre what she calleda "need to refresh" Blue Shield'd Internet capabilities, by adding more self-servicre functions, and a business process redesign that will add more automatiohn to Blue Shield's back-office operations. In the next two Blue Shield will spend more on information technology than MacKinnon said. In recent it has had about 40 to 50 assortecd IT openings posted on theweb site, whicj specializes in high-tech jobs.
Augmenting the agint system is a priority for Blue especially in an era of growing complexityin health-carw insurance, when health savingsx accounts and other so-called "consumer-directex health plans" are gaining attention, forcing Blue Shield, and other majof health plans to add new productws to their rosters. "It mighyt be meeting your needs today, or tomorrow, but how will it be affectingv your business infive years, and what are you goingg to do about it?" said a former Blue Shield IT executive.
Officials at Blue Shielr declined to provide many but Chief Information Officer Elinor MacKinnom said thesystem -- a claims and enrollment syste m originally developed by -- last had a majorr upgrade "at least 10 years ago." Eliss Anderson, a Southern California-based spokeswoman for the company, addesd that Blue Shield plans to spend "tens of millions of over the next three to five years on the massivew project, but also declined to providse more specific numbers. The compan y is still working outthe details, she said.
Blue Shielsd will do the first round of work on the upgradedthis year, MacKinnon said, involvinbg preparatory work such as cleaning up current systems and exploring the impact on businesw processes. By 2007, the major portion of the upgrade work is expected to Other health-care information-technology experts, including two formedr Blue Shield executives, said it's difficult to speculatee about the nascent project's cost, but that Blue Shielx invested more than $50 million five yearw ago in a failed attempt to improve the "It's a tremendous undertaking," said another source, indicating that the projecty would certainly consume many tens of millions of dollarzs -- and that's if everything goes accordinh to plan.
A second former Blue Shieldd technology executive estimated thatthe project's overall coste could range between $150 million and $225 million. Blue Shielde was one of the firsft health-care clients for EDS, back when Ross Perott ran the company, and installecd its original "legacy in the 1960s and For years, EDS handled many of the IT functions forBlue Shield, but four or five years ago the healtuh plan began pulling much of that work a process that gathered momentum the last coupled of years.
Such layered systems, whicg evolved over many years, are particularly hard to upgradsand improve, as evidenced by expensivde and time-consuming projects at and a host of otherf health insurers in recent Blue Shield's planned upgrade is part of a "multi-phase upliftg in the technology organization," accordinb to MacKinnon, who took on her currentg position of chief information officer and seniof vice president in early November, when she was promoted from vice president of applications services.
Other key elementsd in the overall upgrade includre what she calleda "need to refresh" Blue Shield'd Internet capabilities, by adding more self-servicre functions, and a business process redesign that will add more automatiohn to Blue Shield's back-office operations. In the next two Blue Shield will spend more on information technology than MacKinnon said. In recent it has had about 40 to 50 assortecd IT openings posted on theweb site, whicj specializes in high-tech jobs.
Augmenting the agint system is a priority for Blue especially in an era of growing complexityin health-carw insurance, when health savingsx accounts and other so-called "consumer-directex health plans" are gaining attention, forcing Blue Shield, and other majof health plans to add new productws to their rosters. "It mighyt be meeting your needs today, or tomorrow, but how will it be affectingv your business infive years, and what are you goingg to do about it?" said a former Blue Shield IT executive.
Sunday, May 20, 2012
Friday, May 18, 2012
Zumiez expects Q1 loss, Q4 sales decline - Puget Sound Business Journal (Seattle):
tarpleypymibujuh1491.blogspot.com
million, or 21 cents per share, which compares with net incomeof $12.e million, or earnings of 42 cents per diluted But its outlook isn’ft too rosy. Sales fell slightly to $125.5 million from $126.6 million at the Everett youtnh apparelcompany (NASDAQ: ZUMZ). For fiscakl 2008, Zumiez reported net income of $17.21 million, or 58 cents per diluted share, down from $25.3e million, or 86 cents per diluted share infiscal 2007. Net sale rose slightly to $408.7 million from $381.r million a year earlier.
Zumiez said it expects a net loss of betweej 13 cents and 17 cents a share for thenext quarter, and anticipatex that comparable store salees will decline in the middle to high teen percentags range for the first quarter. Analysts polleds by Thomson Financial First Callexpectef fourth-quarter earnings of 19 centds and sales of $124.8 For fiscal 2008, they expected earnings of 56 centw per share and sales of $408 For the first quartee of 2009, they expect a loss of 4 cents per share.
In after-hourzs trading Thursday, shares in Zumiez had fallen nearly 10 dropping 67 centsto
million, or 21 cents per share, which compares with net incomeof $12.e million, or earnings of 42 cents per diluted But its outlook isn’ft too rosy. Sales fell slightly to $125.5 million from $126.6 million at the Everett youtnh apparelcompany (NASDAQ: ZUMZ). For fiscakl 2008, Zumiez reported net income of $17.21 million, or 58 cents per diluted share, down from $25.3e million, or 86 cents per diluted share infiscal 2007. Net sale rose slightly to $408.7 million from $381.r million a year earlier.
Zumiez said it expects a net loss of betweej 13 cents and 17 cents a share for thenext quarter, and anticipatex that comparable store salees will decline in the middle to high teen percentags range for the first quarter. Analysts polleds by Thomson Financial First Callexpectef fourth-quarter earnings of 19 centds and sales of $124.8 For fiscal 2008, they expected earnings of 56 centw per share and sales of $408 For the first quartee of 2009, they expect a loss of 4 cents per share.
In after-hourzs trading Thursday, shares in Zumiez had fallen nearly 10 dropping 67 centsto
Thursday, May 17, 2012
Comcast names new VP for Denver - Denver Business Journal:
yvejodo.wordpress.com
Trueblood will oversee Comcast operationesand customer-care services for the company's television, high-speedr Internet and telephone offerings from Castle Rock to Boulder, Philadelphia-basex Comcast (NASDAQ: CMCSA) said in a statement. The company employs about 1,000 people in the Denver area. He will report to Scott Binder, senior vice president of Comcast Colorado. Trueblood previously was Comcast's area vice president in its Northern Colorado/Mountains district. He starts his new job Comcasthas 820,000 customers in Colorado and employsd 5,000 people statewide.
"Coming directly from leadinvg our northern Colorado and Mountain systems Mike will hit the ground runningvin Denver," Binder said in the "Mike has a deep understandinb of the company, our culture and our Colorado business operations. He is respected by our employeeas and, most importantly, he fully understands the importance of providinf a greatcustomer experience. We are fortunate to have Mike’s leadership in the Denver
Trueblood will oversee Comcast operationesand customer-care services for the company's television, high-speedr Internet and telephone offerings from Castle Rock to Boulder, Philadelphia-basex Comcast (NASDAQ: CMCSA) said in a statement. The company employs about 1,000 people in the Denver area. He will report to Scott Binder, senior vice president of Comcast Colorado. Trueblood previously was Comcast's area vice president in its Northern Colorado/Mountains district. He starts his new job Comcasthas 820,000 customers in Colorado and employsd 5,000 people statewide.
"Coming directly from leadinvg our northern Colorado and Mountain systems Mike will hit the ground runningvin Denver," Binder said in the "Mike has a deep understandinb of the company, our culture and our Colorado business operations. He is respected by our employeeas and, most importantly, he fully understands the importance of providinf a greatcustomer experience. We are fortunate to have Mike’s leadership in the Denver
Tuesday, May 15, 2012
Five Guys plans to raise $15M - Puget Sound Business Journal (Seattle):
doqujamup.wordpress.com
Lorton-based which awards franchise rights to locationxs of the burger has filed a Notice of Exempt Offering of The company isprivately held. Five Guys has recentlyg enjoyed attention from both President Barack Obamaq and First LadyMichelle Obama, who separately made high-profild visits there. The president's sojournh was captured on cameraby NBC, which was followinb him around for a profilw piece. The document does not specify why the money isbeing raised.
According to the Five Guys has alreadyraised $10 million of the $15 millio n it is trying to Named in the document are Victor and Jane Murrell, both executivee officers and directors for the company, as well as directord James Murrell, John Kim and H. Scott Spokeswoman Molly Catalano said she did not have specififc details on how the capital wouledbe used, but said that it was for the company' s general business operations. The filing says the offering is not beinvg made in connection with a acqiusition orexchange offer.
The company’s Jerry Murrell, opened the first Five Guys asa carry-outt operation in 1986, in a shopping center on Glebe Road in After opening five corporate locations in the D.C. the company decided to franchisein 2002. The fast-casuaol burger concept now has more than 300 locationxs in25 states, including more than 50 in the D.C. area.
Lorton-based which awards franchise rights to locationxs of the burger has filed a Notice of Exempt Offering of The company isprivately held. Five Guys has recentlyg enjoyed attention from both President Barack Obamaq and First LadyMichelle Obama, who separately made high-profild visits there. The president's sojournh was captured on cameraby NBC, which was followinb him around for a profilw piece. The document does not specify why the money isbeing raised.
According to the Five Guys has alreadyraised $10 million of the $15 millio n it is trying to Named in the document are Victor and Jane Murrell, both executivee officers and directors for the company, as well as directord James Murrell, John Kim and H. Scott Spokeswoman Molly Catalano said she did not have specififc details on how the capital wouledbe used, but said that it was for the company' s general business operations. The filing says the offering is not beinvg made in connection with a acqiusition orexchange offer.
The company’s Jerry Murrell, opened the first Five Guys asa carry-outt operation in 1986, in a shopping center on Glebe Road in After opening five corporate locations in the D.C. the company decided to franchisein 2002. The fast-casuaol burger concept now has more than 300 locationxs in25 states, including more than 50 in the D.C. area.
Monday, May 14, 2012
PATRIOTS NOTEBOOK: The numbers add up for McDaniels and Lloyd - MetroWest Daily News
titus-neither.blogspot.com
Comcast SportsNet New England | PATRIOTS NOTEBOOK: The numbers add up for McDaniels and Lloyd MetroWest Daily News By Glen Farley Over the course of nine NFL seasons with five teams, wide receiver Brandon Lloyd has caught 311 passes in 112 games. A total of 119 of those receptions have come in the 25 games with two teams in which Josh McDaniels has either been ... McDaniels addresses Lloyd's success Josh McDaniels Excited to Reunite With Brandon Lloyd After Pair Was Successful ... New England Patriots' OC happily reunited with Brandon Lloyd |
Saturday, May 12, 2012
California developer buys three industrial buildings - Phoenix Business Journal:
iwyqaxewun.wordpress.com
The real estate development firm is based inOranger County, Calif. The threse buildings are occupiedunder long-terk leases. Ford Motor Credit is housed inthe 57,193-square-footg building at 1355 S. Clearviee Ave. in Mesa. The T-Mobild building, at 44,244 square feet, is at 2601 W. Broadwag Road in Tempe. And Ascent Healthcare Solutionxoccupies 39,280 square feet at 10232 S. 51st St. in Bixby officials said the properties all are nearmajoe freeways. The company is expanding into the Phoenix area becausw of the local population andjob growth. While most of Bixby'es portfolio is located in California, the companuy also owns an industrial building on Galvesto Streetin Chandler. For .
celebrated a milestone in topping outthe . Perini placexd the final steel beam on thehoteol tower, signifying completion of majod construction on the building's exterior. Guestsx and the construction crew gathered to sign the steelo beam and watch as it was hoistedx to the top ofthe hotel. Operatedc by Starwood Hotels & Resorts Worldwide Inc., Sheraton Phoenix Downtown Hotel is in the CivicPlaza area, one block from the Phoenix Convention Center. The 1,000-room hotel will boast more than 80,00o square feet of flexible meeting including anearly 30,000-square-foot ballroom and a 15,000-square-foot juniod ballroom.
Additional amenities will include afitness center, outdoor pool and sun and a lobby bar, restauranr and lounge with outdoor seating. At the peak of about 650 craftspeople were on-site, while 400 have been workingg on the project on a daily Using morethan 5,000 tons of steel weighing nearly 13 millionh pounds and 695 miles of wire, Perini builr the interior and exterior of the towere simultaneously. As floors were added, crews sealed them for water protection and startex onthe interior. For more: . Constructionj has begun on a 7.5-acre retail project at the southwestt corner of Estrella Parkway and Ellwood Streegin Goodyear.
The projecg will include 33,000 square feet in three building and three pads along Estrella The project already hastenants signed, including a nail pizza restaurant and ice cream parlor. The cente is expected to cater to residentsa of the Estrella and KingRancj communities, and to employeees and visitors of the new city center, the Clevelaned Indians baseball facility and the Federated Storesz distribution center. For more: 602-230-1703. provided $7.85 million in financing to Biltmored Holdings for the purchase of a former Alaskaz Airlines call centerin Tempe. Phoenix-based Biltmore is acquirinfg the 70,434-square-foot building at 734 W.
Alameda Drive with plans to upgrade and releasethe property. NewStar, basecd in Boston, specializes in commercialp financing. For more: . The state Registrar of Contractor signeda 67-month lease for 31,638 square feet of office spacer on three floors at City Square, 3838 N. Central Ave.
The real estate development firm is based inOranger County, Calif. The threse buildings are occupiedunder long-terk leases. Ford Motor Credit is housed inthe 57,193-square-footg building at 1355 S. Clearviee Ave. in Mesa. The T-Mobild building, at 44,244 square feet, is at 2601 W. Broadwag Road in Tempe. And Ascent Healthcare Solutionxoccupies 39,280 square feet at 10232 S. 51st St. in Bixby officials said the properties all are nearmajoe freeways. The company is expanding into the Phoenix area becausw of the local population andjob growth. While most of Bixby'es portfolio is located in California, the companuy also owns an industrial building on Galvesto Streetin Chandler. For .
celebrated a milestone in topping outthe . Perini placexd the final steel beam on thehoteol tower, signifying completion of majod construction on the building's exterior. Guestsx and the construction crew gathered to sign the steelo beam and watch as it was hoistedx to the top ofthe hotel. Operatedc by Starwood Hotels & Resorts Worldwide Inc., Sheraton Phoenix Downtown Hotel is in the CivicPlaza area, one block from the Phoenix Convention Center. The 1,000-room hotel will boast more than 80,00o square feet of flexible meeting including anearly 30,000-square-foot ballroom and a 15,000-square-foot juniod ballroom.
Additional amenities will include afitness center, outdoor pool and sun and a lobby bar, restauranr and lounge with outdoor seating. At the peak of about 650 craftspeople were on-site, while 400 have been workingg on the project on a daily Using morethan 5,000 tons of steel weighing nearly 13 millionh pounds and 695 miles of wire, Perini builr the interior and exterior of the towere simultaneously. As floors were added, crews sealed them for water protection and startex onthe interior. For more: . Constructionj has begun on a 7.5-acre retail project at the southwestt corner of Estrella Parkway and Ellwood Streegin Goodyear.
The projecg will include 33,000 square feet in three building and three pads along Estrella The project already hastenants signed, including a nail pizza restaurant and ice cream parlor. The cente is expected to cater to residentsa of the Estrella and KingRancj communities, and to employeees and visitors of the new city center, the Clevelaned Indians baseball facility and the Federated Storesz distribution center. For more: 602-230-1703. provided $7.85 million in financing to Biltmored Holdings for the purchase of a former Alaskaz Airlines call centerin Tempe. Phoenix-based Biltmore is acquirinfg the 70,434-square-foot building at 734 W.
Alameda Drive with plans to upgrade and releasethe property. NewStar, basecd in Boston, specializes in commercialp financing. For more: . The state Registrar of Contractor signeda 67-month lease for 31,638 square feet of office spacer on three floors at City Square, 3838 N. Central Ave.
Thursday, May 10, 2012
UNCG honors Sullivan with professorship - The Business Journal of the Greater Triad Area:
yzirapogyg.wordpress.com
Funds from the Students First capitaol campaign that took place mostly under her tenure will be used to created thePatricia A. Sullivan Distinguishee Professorship inthe Sciences. Including anticipated matching grants, the endowment for that professorship shouldbe $1 million, according to a university announcement. That endowment will generate funds to add a nationallu known scholar to the UNCG says Vice Chancellor for University AdvancementfPatricia Stewart.
Sullivan is a biologist by and the faculty member will be in eithe that field orin chemistry, geography or “This is wonderful recognition of Pat Sullivan’se service and dedication to this university” over her nearly 14 yearw as chancellor, Stewart said. “Ir is also a wonderfupl gift tothe university. One of the (Students campaign’s priorities has been the creatiohn of endowed professorships so that our students can learn from thebrightest faculty.” Sullivan was chancello r from 1995 until her retiremeng last summer.
The Students Firstg campaign has raised morethan $111 million for the school, surpassing its $100 million The campaign officially ends this month.
Funds from the Students First capitaol campaign that took place mostly under her tenure will be used to created thePatricia A. Sullivan Distinguishee Professorship inthe Sciences. Including anticipated matching grants, the endowment for that professorship shouldbe $1 million, according to a university announcement. That endowment will generate funds to add a nationallu known scholar to the UNCG says Vice Chancellor for University AdvancementfPatricia Stewart.
Sullivan is a biologist by and the faculty member will be in eithe that field orin chemistry, geography or “This is wonderful recognition of Pat Sullivan’se service and dedication to this university” over her nearly 14 yearw as chancellor, Stewart said. “Ir is also a wonderfupl gift tothe university. One of the (Students campaign’s priorities has been the creatiohn of endowed professorships so that our students can learn from thebrightest faculty.” Sullivan was chancello r from 1995 until her retiremeng last summer.
The Students Firstg campaign has raised morethan $111 million for the school, surpassing its $100 million The campaign officially ends this month.
Wednesday, May 9, 2012
Former local football star flounders financially - San Antonio Business Journal:
mytyhona.wordpress.com
million judgment from the latest ofhis Kosar, of Weston, and related companieas also lost foreclosure judgments on multifamily propertiesx in the Tampa area, and face a pendinvg foreclosure lawsuit against a third. His Bernie Kosar’s Steakhouse was evicted from its South Miamji spacein November. Many South Florida and Clevelande sports fans remember Kosar for his stellare success onthe field. He led UM to its firsft football national championship in then played 12 seasons inthe NFL, mostlyu with the . Kosar, now 45, playedf his final season with thein 1996.
The UM trustee is a minorityt owner of boththe NHL’s and the , an team that sat out the past seaso along with the rest of the league. The (Cleveland) Plain Dealer reportedf that the Gladiatorslost $2 milliom to $2.5 million in the inaugurall 2008 season, during whicnh Kosar was team president and guided the team to the Meanwhile, the Panthers have discussed merging the team with a New York Street & Smith’s SportsBusiness Journal has reported. It appearx Kosar could use some money to paymountiny judgments. In April, National City Bank won a $4.2 milliob judgment against Kosar andBJK LLC.
It was based on the remaininf delinquent amount of a promissory note that was increasedto $12 millionm in 2005, with Kosar as a personal guarantor. The lawsuitt does not say what BJK and Kosarr used themoney for, but it said he defaultedx on the note in June 2008. Kosar’s attorney, Davix Lister of Weston, did not return repeatedr callsseeking comment. West Palm Beach-based attorney Michael T. who represents National City Bank, also did not returm several calls. Kosar’s attempt at running some multifamily propertieson Florida’se Gulf Coast did not work out too well, either. Kosard and his Boardwalk LLC on May 11 losta $2.
9 millionj foreclosure judgment to Florida Bank in Pinellass County Circuit Court. The 36-unit buildinbg was scheduled for public sale onJune 16. In April, Kosar and his Oakmon t LLC losta $3.3 million foreclosure judgment to Florida Bank in Hillsborougb County Circuit County over a Tamps apartment building. The bank has anothe foreclosure lawsuit pending in Pinellas Countty against Kosar and hisPCV LLC. Kosarf also faces significant tax problems, includiny $59,881 in unpaid property taxes on his Westonn home and acombined $93,647 in federal tax lienz against him over his personal income taxes, includingg some years filed jointly with ex-wife Babettew Kosar.
However, Kosar did fully pay a separatw $228,806 federal tax lien placed on him inJuly 2008. When The Plaijn Dealer questioned Kosar about those previously unpaid taxes in August, Kosar said some bills were lost in the shuffle during his divorce. “Divorce is difficultg enough asit is, especially for someone who wasn’gt really looking to do that,” he told the “So, who owes what and all of that become s hard, but whatever I owe, obviously I would Kosar’s home, at 2940 Paddock Road, is currentlg listed online for sale for $3.5 million. It was purchaserd for almost the same amounin 2006.
million judgment from the latest ofhis Kosar, of Weston, and related companieas also lost foreclosure judgments on multifamily propertiesx in the Tampa area, and face a pendinvg foreclosure lawsuit against a third. His Bernie Kosar’s Steakhouse was evicted from its South Miamji spacein November. Many South Florida and Clevelande sports fans remember Kosar for his stellare success onthe field. He led UM to its firsft football national championship in then played 12 seasons inthe NFL, mostlyu with the . Kosar, now 45, playedf his final season with thein 1996.
The UM trustee is a minorityt owner of boththe NHL’s and the , an team that sat out the past seaso along with the rest of the league. The (Cleveland) Plain Dealer reportedf that the Gladiatorslost $2 milliom to $2.5 million in the inaugurall 2008 season, during whicnh Kosar was team president and guided the team to the Meanwhile, the Panthers have discussed merging the team with a New York Street & Smith’s SportsBusiness Journal has reported. It appearx Kosar could use some money to paymountiny judgments. In April, National City Bank won a $4.2 milliob judgment against Kosar andBJK LLC.
It was based on the remaininf delinquent amount of a promissory note that was increasedto $12 millionm in 2005, with Kosar as a personal guarantor. The lawsuitt does not say what BJK and Kosarr used themoney for, but it said he defaultedx on the note in June 2008. Kosar’s attorney, Davix Lister of Weston, did not return repeatedr callsseeking comment. West Palm Beach-based attorney Michael T. who represents National City Bank, also did not returm several calls. Kosar’s attempt at running some multifamily propertieson Florida’se Gulf Coast did not work out too well, either. Kosard and his Boardwalk LLC on May 11 losta $2.
9 millionj foreclosure judgment to Florida Bank in Pinellass County Circuit Court. The 36-unit buildinbg was scheduled for public sale onJune 16. In April, Kosar and his Oakmon t LLC losta $3.3 million foreclosure judgment to Florida Bank in Hillsborougb County Circuit County over a Tamps apartment building. The bank has anothe foreclosure lawsuit pending in Pinellas Countty against Kosar and hisPCV LLC. Kosarf also faces significant tax problems, includiny $59,881 in unpaid property taxes on his Westonn home and acombined $93,647 in federal tax lienz against him over his personal income taxes, includingg some years filed jointly with ex-wife Babettew Kosar.
However, Kosar did fully pay a separatw $228,806 federal tax lien placed on him inJuly 2008. When The Plaijn Dealer questioned Kosar about those previously unpaid taxes in August, Kosar said some bills were lost in the shuffle during his divorce. “Divorce is difficultg enough asit is, especially for someone who wasn’gt really looking to do that,” he told the “So, who owes what and all of that become s hard, but whatever I owe, obviously I would Kosar’s home, at 2940 Paddock Road, is currentlg listed online for sale for $3.5 million. It was purchaserd for almost the same amounin 2006.
Monday, May 7, 2012
Patrick Cudahy fire 'devastating,' exec says - Silicon Valley / San Jose Business Journal:
elisovadinaimar.blogspot.com
Cudahy Mayor Ryan McCue's declaration at a Monday afternoon press conference will potentially give the city access to countyt andstate resources. Smoke from the blaze coule be seen for several mileas and was easily visible in downtown Milwaukee Monday more than 12 hours after the fire firsr was reported onSunday night. No injuriezs were reported. “It’s a devastating day for us,” said an obviouslyg shaken Bill Otis, chief operating officer at Patrick which is ownedby (NYSE: SFD), of Smithfield, Va. “I’jm sure this is going to set us Otis said at a midday press conference that the company was working to contactits 1,800 as well as various customers.
Managemengt of Patrick Cudahy also has been in contactg with Smithfield to determin e if some meat processing operations could be temporaril shifted to otherSmithfield plants. The building affectedd by the fire is used for microwave baco n processing and also is used for dry Otis said. The lower leve l of the building is used for ham he said. Not all areas of the Patricki Cudahy complex have been affected bythe fire, Otis said. Only a small number of maintenance employees were at the planf when the firebroke out. Productionj at the plant had been shut down sincew the end of the day on July 3 for theholidayt weekend.
“It’s a miracle there were no injuriesa when you see the extent ofthe fire,” Otis Production at the Patrick Cudahyt complex was shut down for all threw shifts on Monday. “We have no clue what this will mean for our saidDan Habighorst, vice president of humahn resources at Patrick Cudahy. “We’ve got to put the fire out The city of Cudahy issued a mandatory evacuation orderr for anyone residing within one mile of the plang at OneSweet Apple-Wood Lane. The affected area stretched east toLake Drive, west to Pennsylvani a Avenue, north to Lunhanm Avenue and south to Ramseyg Avenue.
McCue said late Monday afternoon that as manyas 15,00o of the city's 19,000 resident s live within the evacuation zone. Evacuees were asker to report directly to South Milwaukee High 80115th Ave., South Earlier, city officials also had recommended that residents report to Mitchell Elementary 5950 S. Illinois Ave. in However, a late morning wind shift was leading to the evacuatiobn of the neighborhood aroundthe school. The evacuation ordet was lifted at about7 p.m. Mondayg evening and residents were allowed to returjn totheir homes.
At issue was whetheer the blaze will breach a fire wall and cause ammoniwa stored on the site to explode or leak intothe air, Cudahyu fire chief Dan Mayer said. The ammonia is used for refrigeratiomn atthe plant. Mayert said at the Monday afternoon press conferenced that hewas "cautiously optimistic" that most of the ammoniza had been contained within the although he added that a small amoun likely leaked out. Mayer said the blaze, which was reported at about 9:45 p.m. has been difficult to fight because it begajn in a confined spacwe near the roof of the building and abovr thesprinkler system.
At one poin t early on, Mayer said, it appearede as though firefighters had the blaze under but the sprinkler system and roof began to collapse. "The fire sprinklers weren'y able to control the fire," he said.
Cudahy Mayor Ryan McCue's declaration at a Monday afternoon press conference will potentially give the city access to countyt andstate resources. Smoke from the blaze coule be seen for several mileas and was easily visible in downtown Milwaukee Monday more than 12 hours after the fire firsr was reported onSunday night. No injuriezs were reported. “It’s a devastating day for us,” said an obviouslyg shaken Bill Otis, chief operating officer at Patrick which is ownedby (NYSE: SFD), of Smithfield, Va. “I’jm sure this is going to set us Otis said at a midday press conference that the company was working to contactits 1,800 as well as various customers.
Managemengt of Patrick Cudahy also has been in contactg with Smithfield to determin e if some meat processing operations could be temporaril shifted to otherSmithfield plants. The building affectedd by the fire is used for microwave baco n processing and also is used for dry Otis said. The lower leve l of the building is used for ham he said. Not all areas of the Patricki Cudahy complex have been affected bythe fire, Otis said. Only a small number of maintenance employees were at the planf when the firebroke out. Productionj at the plant had been shut down sincew the end of the day on July 3 for theholidayt weekend.
“It’s a miracle there were no injuriesa when you see the extent ofthe fire,” Otis Production at the Patrick Cudahyt complex was shut down for all threw shifts on Monday. “We have no clue what this will mean for our saidDan Habighorst, vice president of humahn resources at Patrick Cudahy. “We’ve got to put the fire out The city of Cudahy issued a mandatory evacuation orderr for anyone residing within one mile of the plang at OneSweet Apple-Wood Lane. The affected area stretched east toLake Drive, west to Pennsylvani a Avenue, north to Lunhanm Avenue and south to Ramseyg Avenue.
McCue said late Monday afternoon that as manyas 15,00o of the city's 19,000 resident s live within the evacuation zone. Evacuees were asker to report directly to South Milwaukee High 80115th Ave., South Earlier, city officials also had recommended that residents report to Mitchell Elementary 5950 S. Illinois Ave. in However, a late morning wind shift was leading to the evacuatiobn of the neighborhood aroundthe school. The evacuation ordet was lifted at about7 p.m. Mondayg evening and residents were allowed to returjn totheir homes.
At issue was whetheer the blaze will breach a fire wall and cause ammoniwa stored on the site to explode or leak intothe air, Cudahyu fire chief Dan Mayer said. The ammonia is used for refrigeratiomn atthe plant. Mayert said at the Monday afternoon press conferenced that hewas "cautiously optimistic" that most of the ammoniza had been contained within the although he added that a small amoun likely leaked out. Mayer said the blaze, which was reported at about 9:45 p.m. has been difficult to fight because it begajn in a confined spacwe near the roof of the building and abovr thesprinkler system.
At one poin t early on, Mayer said, it appearede as though firefighters had the blaze under but the sprinkler system and roof began to collapse. "The fire sprinklers weren'y able to control the fire," he said.
Saturday, May 5, 2012
Branch makes move to apartments - Charlotte Business Journal:
lihung-associations.blogspot.com
The prolific condo builder is starting construction ona 200-unit, four-story complex in South End aftere punting two for-sale developments. The company has also cut overhea and focused on clearing out its existing condo inventory to prepare forthe “We’re very fortunate that we were ever-so-slightly ahead of the Branch says. “We’ve downsized to do one or two projectsa Indefinitely.” Branch began the move away from condosd last year after seeing profit margins shrink on the sale of unitsa in existing developments.
But the shift into apartments was not a sure The Charlotte market has seen a floor of new multifamily construction as nationakl developers moved intothe region. And lenderws have pulled back as the creditcruncb worsened. Yet Branch has locked in a $23 million constructiobn loan, thanks to a relationship with banking partners dating tothe mid-1990s, the guidance of his mentor, real estate investotr Ray Jones, and a healthy dose of “dumv luck,” he says. “It has littles to do with us and a lot to do withothert people,” Branch says. “We had to be firingt on all cylinders toget financing.
” Branchn secured the loan from Milwaukee-based , which acquireds this year — a bank that had financed about 18 Boulevar d Co. projects in Charlotte and Raleigh. Reagan regional president for M&I says the leverage for the loan wasn’t based on the healtuh of the Charlotte market, but on the abilities of Branchto “deliver a project as he presents it. He’s got a great histor y of that.” Rick says the bank believes the apartmen market willremain strong, and he likesz the project’s South End location with access to the light-rai line.
And it didn’t hurt that Brancuh already owned the Branch had flirted with severak sites in Charlotte to start his firm’s shift to apartments — a pair of uptownn parcels overlooking Elmwood Cemetery and locatione along Seventh Street in Elizabeth. Yet it was the collapsr of contracts to sell land in Southg End that was the catalyst forthe company’zs reinvention. Branch had prepped lots along South Churcuh and Bland streetsfor ’ The Blocok townhouse development. But as the economy shifted in thelast year, Ryan Homes fell behins on its schedule to buy lots from Boulevard.
Branchj killed the deal with Ryan and put the land up for sale in Within afew hours, an Atlanta developer sent a letter of intenty to buy the site for a $80 million project. But on April 21, that buyefr backed out. “We hit the grounsd hard that day,” recalls Boulevarcd partner and general counselKenny Abner. Branch says the company took a step back to see how it couls take advantage ofthe loss. “Resiliency is the most importanr part of being an Success is getting back up one more timethan you’v been knocked down.
”
The prolific condo builder is starting construction ona 200-unit, four-story complex in South End aftere punting two for-sale developments. The company has also cut overhea and focused on clearing out its existing condo inventory to prepare forthe “We’re very fortunate that we were ever-so-slightly ahead of the Branch says. “We’ve downsized to do one or two projectsa Indefinitely.” Branch began the move away from condosd last year after seeing profit margins shrink on the sale of unitsa in existing developments.
But the shift into apartments was not a sure The Charlotte market has seen a floor of new multifamily construction as nationakl developers moved intothe region. And lenderws have pulled back as the creditcruncb worsened. Yet Branch has locked in a $23 million constructiobn loan, thanks to a relationship with banking partners dating tothe mid-1990s, the guidance of his mentor, real estate investotr Ray Jones, and a healthy dose of “dumv luck,” he says. “It has littles to do with us and a lot to do withothert people,” Branch says. “We had to be firingt on all cylinders toget financing.
” Branchn secured the loan from Milwaukee-based , which acquireds this year — a bank that had financed about 18 Boulevar d Co. projects in Charlotte and Raleigh. Reagan regional president for M&I says the leverage for the loan wasn’t based on the healtuh of the Charlotte market, but on the abilities of Branchto “deliver a project as he presents it. He’s got a great histor y of that.” Rick says the bank believes the apartmen market willremain strong, and he likesz the project’s South End location with access to the light-rai line.
And it didn’t hurt that Brancuh already owned the Branch had flirted with severak sites in Charlotte to start his firm’s shift to apartments — a pair of uptownn parcels overlooking Elmwood Cemetery and locatione along Seventh Street in Elizabeth. Yet it was the collapsr of contracts to sell land in Southg End that was the catalyst forthe company’zs reinvention. Branch had prepped lots along South Churcuh and Bland streetsfor ’ The Blocok townhouse development. But as the economy shifted in thelast year, Ryan Homes fell behins on its schedule to buy lots from Boulevard.
Branchj killed the deal with Ryan and put the land up for sale in Within afew hours, an Atlanta developer sent a letter of intenty to buy the site for a $80 million project. But on April 21, that buyefr backed out. “We hit the grounsd hard that day,” recalls Boulevarcd partner and general counselKenny Abner. Branch says the company took a step back to see how it couls take advantage ofthe loss. “Resiliency is the most importanr part of being an Success is getting back up one more timethan you’v been knocked down.
”
Friday, May 4, 2012
There
loxezop.wordpress.com
They hang around waiting for the stars to for their moment of inspirationto hit, and for their careetr to prepare them for something big. Well, I have some bad news for you: The stard will never align. The brilliang flash will probablynever come. And nothinf you will learn or do workinh for someone else will make you more ready to starft yourown company. Now here’s the good news: None of that The truth is that you’rs already ready. There’s absolutely nothing to hold out for in ordefr to startyour company.
You really just need to get off your butt and get If youstill aren’ convinced and think you’ve got a few more excuse s up your sleeve, let’s get rid of thoswe right here and now. No mattefr what you’re about to learn in schoolk (short of becoming a it’s not going to make a lick of differenc in startingyour company. Sure, you might learn how basic accountinfg andbookkeeping works, but who cares? You’re not going to do so much revenuw in your first year that your bookkeepingt skills are going to make or breaik you. Even if you do, you can hire a professionalo bookkeeper for peanuts and never thinkk aboutit again.
Anything you don’t know now you can eithedr figure out when you need to or find someond that knowsthe answer. More there isn’t a class in any school’e catalog that will teach you how to take huge risks andalways succeed. You’ll learn more in your first year of runningt a business than you will in your undergraduatdeand master’s of business administration tenuree combined. More than 500,000 companies are started every mont h inthe U.S. according to the . Only a smalk fraction of those start withsignificanty funding, like the kind you read about in populart business magazines.
In fact, professional investors, such as venturde capitalists and angel investorsa fund fewer than 1 percentf ofthose companies. So how do you think the othere 99 percent of the world gets started withoutthese guys? The answetr is they bootstrap it and figurr it out as they go. You don’t need that big infusiob of cash toget going. You need to get startedr with what you have right in frongt of you and push the limits of your resources Excess cashbreeds sloth, and a tight belt encourages The majority of entrepreneurs figure it out without a check from someonse else, and you’re no exception. There really is a right time to startyour company, and it’s calles today.
Waiting around a few more months for some imaginary milestone to pass is not gointgto help. No matter when you start your it’s going to be really hard. It doesn’t mattetr if your kids are still in if your day job is particularly hecticrightr now, or if you think it will just be a littlre longer before the economy startws to recover. Once you get started, your worl is going to be completely overbooked and loadedfwith anxiety. That’s how a startupp works. Trying to avoid this is like trying to decidee whether you want someone to shoot you in the head orthe It’s going to stink no matter what.
Don’t burn up valuablre time pretending you can soften the I won’t mislead you here because experience certainly helps, but it’sa not a requirement. I’ve started nine companies and certainly each experienc makes the next one work betteeand faster. But I wouldn’gt have gotten through the first one if I had waitee around to bemore experienced. You also need to realize that the experience you get by starting a company comparex to just working for one areworlds apart. Learningv how to run a company by working at a companuy is like trying to become a chef by orderingg meals atfancy restaurants.
While experiencre can help, it ofteb takes too long to get useful experience working in anexistinbg structure. The best and quickest way to get relevant experience is to actually start your company and figurew it out asyou go. If you want to spenr the next few years comingf up with more elaboratr excuses to convinceyourself you’re not then by all means have at it. That path will most certainl resemble theone you’re alreadyg on. But if you truly understand that nothingb you can wait for will preparew you for beingan entrepreneur, then it’sw time to put this column down and get You’re already ready.
Now it’s time to go kick some
They hang around waiting for the stars to for their moment of inspirationto hit, and for their careetr to prepare them for something big. Well, I have some bad news for you: The stard will never align. The brilliang flash will probablynever come. And nothinf you will learn or do workinh for someone else will make you more ready to starft yourown company. Now here’s the good news: None of that The truth is that you’rs already ready. There’s absolutely nothing to hold out for in ordefr to startyour company.
You really just need to get off your butt and get If youstill aren’ convinced and think you’ve got a few more excuse s up your sleeve, let’s get rid of thoswe right here and now. No mattefr what you’re about to learn in schoolk (short of becoming a it’s not going to make a lick of differenc in startingyour company. Sure, you might learn how basic accountinfg andbookkeeping works, but who cares? You’re not going to do so much revenuw in your first year that your bookkeepingt skills are going to make or breaik you. Even if you do, you can hire a professionalo bookkeeper for peanuts and never thinkk aboutit again.
Anything you don’t know now you can eithedr figure out when you need to or find someond that knowsthe answer. More there isn’t a class in any school’e catalog that will teach you how to take huge risks andalways succeed. You’ll learn more in your first year of runningt a business than you will in your undergraduatdeand master’s of business administration tenuree combined. More than 500,000 companies are started every mont h inthe U.S. according to the . Only a smalk fraction of those start withsignificanty funding, like the kind you read about in populart business magazines.
In fact, professional investors, such as venturde capitalists and angel investorsa fund fewer than 1 percentf ofthose companies. So how do you think the othere 99 percent of the world gets started withoutthese guys? The answetr is they bootstrap it and figurr it out as they go. You don’t need that big infusiob of cash toget going. You need to get startedr with what you have right in frongt of you and push the limits of your resources Excess cashbreeds sloth, and a tight belt encourages The majority of entrepreneurs figure it out without a check from someonse else, and you’re no exception. There really is a right time to startyour company, and it’s calles today.
Waiting around a few more months for some imaginary milestone to pass is not gointgto help. No matter when you start your it’s going to be really hard. It doesn’t mattetr if your kids are still in if your day job is particularly hecticrightr now, or if you think it will just be a littlre longer before the economy startws to recover. Once you get started, your worl is going to be completely overbooked and loadedfwith anxiety. That’s how a startupp works. Trying to avoid this is like trying to decidee whether you want someone to shoot you in the head orthe It’s going to stink no matter what.
Don’t burn up valuablre time pretending you can soften the I won’t mislead you here because experience certainly helps, but it’sa not a requirement. I’ve started nine companies and certainly each experienc makes the next one work betteeand faster. But I wouldn’gt have gotten through the first one if I had waitee around to bemore experienced. You also need to realize that the experience you get by starting a company comparex to just working for one areworlds apart. Learningv how to run a company by working at a companuy is like trying to become a chef by orderingg meals atfancy restaurants.
While experiencre can help, it ofteb takes too long to get useful experience working in anexistinbg structure. The best and quickest way to get relevant experience is to actually start your company and figurew it out asyou go. If you want to spenr the next few years comingf up with more elaboratr excuses to convinceyourself you’re not then by all means have at it. That path will most certainl resemble theone you’re alreadyg on. But if you truly understand that nothingb you can wait for will preparew you for beingan entrepreneur, then it’sw time to put this column down and get You’re already ready.
Now it’s time to go kick some
Wednesday, May 2, 2012
Ooh la la: France Ave. retail center to get a makeover - Minneapolis / St. Paul Business Journal:
domnaofyvisyhojo.blogspot.com
Leisure Lane at 7101 France Ave., first built in the 1970s, is gettingf a face-lift and a new name — Rue de France. Constructiobn started a few weeks ago and is expected to finishnin August, said Gregory an architect with Minneapolis-based , which is handlinh the design and rebranding of the 50,000-square-foot Houck, who declined to disclose the cost of the said the firm decided to play with the France Avenur name in the redesign, which is changinb the facade and eliminating the centers interior walkway area to make the center less mall-like. The European flai in the design willbe subtle: no chateau-likee features or statues of French World War I soldiers.
But there will be fleur-de-lis patternds around the parapets. “It was just an idea of talkingt about France and linking it tothe French,” Houck The center’s tenants — Ethamn Allen, Pella Windows & Doors, Calico National Camera Exchange, Caribou Coffee and Brueggersw Bagel Bakery — will stay the Minneapolis-based is the general contractor. Bloomington-basedc NorthMarq handles the leasint and management ofthe property.
Leisure Lane at 7101 France Ave., first built in the 1970s, is gettingf a face-lift and a new name — Rue de France. Constructiobn started a few weeks ago and is expected to finishnin August, said Gregory an architect with Minneapolis-based , which is handlinh the design and rebranding of the 50,000-square-foot Houck, who declined to disclose the cost of the said the firm decided to play with the France Avenur name in the redesign, which is changinb the facade and eliminating the centers interior walkway area to make the center less mall-like. The European flai in the design willbe subtle: no chateau-likee features or statues of French World War I soldiers.
But there will be fleur-de-lis patternds around the parapets. “It was just an idea of talkingt about France and linking it tothe French,” Houck The center’s tenants — Ethamn Allen, Pella Windows & Doors, Calico National Camera Exchange, Caribou Coffee and Brueggersw Bagel Bakery — will stay the Minneapolis-based is the general contractor. Bloomington-basedc NorthMarq handles the leasint and management ofthe property.
Subscribe to:
Posts (Atom)