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percent, an accelerating declinee compared tothe 13.5 percent (revised) drop in the fourtnh quarter of 2008. Of the nine indicators includefd inthe index, six declinecd significantly, said Tim Duy, director of the Oregohn Economic Forum and a UO adjunct assistant professor, Labot market trends continue to deteriorate. Help-wantedx advertising in The Oregonian fell duringthe quarter, consistentt with a decrease in hiring demand. Similarly, initial unemploymentr claims continuedto rise, reaching a month averag e of 16,819 claims. Non-farm payrolls continue to fall as under the dual forcews of increased layoffs and slack hiring payrollsstand 3.9 percent lower than year-ago levels.
The expectec slowdown in lodging activity finally cameto pass, said Duy,with estimatesd lodging revenue (seasonally and inflatiom adjusted) down 15.4 percent from the fourth Passenger traffic at Portland Internationapl Airport was effectively unchanged from the previous quarter. Housing markets were generally Housing sales wereeffectively unchanged, whilw average days-on-market fell, partially offsetting a particularly sharp rise in the fourtyh quarter of 2008, attributable to the intensificatio of the financial crisis and unusual weather conditions, said Duy. Ongoingt declines in the in point to continuerd economic deterioration in the Portland he added.
Signs of stabilization are difficult to he said; expectations for a firming of economic activityh in the second half of 2009 are largelyh based on some tentative signs of stabilityu in the national economy. Moreover, the impact of fiscaol and monetary policies shoulxd become more evident as theyear progresses. Still, the pace of the recoveryt is expected to be subdued as the economy adjustzs to an environment less dependenton debt-supported consumer spending growth.
суббота, 30 апреля 2011 г.
четверг, 28 апреля 2011 г.
Brooks, TLC Health join forces - Business First of Buffalo:
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Dunkirk's and the in Gowanda and Irving this morningb announced their intent to link undere a active parent organization to be knowjn as Lake Erie Regional Health Systemn ofNew York. Long-time healtu care services will be retained at each withsmaller capacity. The arrangement requires officiaolstate approval, though several months ago it awardes Brooks and TLC a combinedc $16.5 million to make it happen. It is the alternatived developed by the health systemes after learning that the Commission on Health Care Facilitiese in the21st Century, knownh as the Berger Commission, recommende d the elimination of acute-care beds on TLC's Irvinf campus, among other service reconfigurations.
The parenyt company creates one boardr to government thejoint organization. It will have a single CEO and a share dmedical staff, though employees will continue to work at theidr current sites. The joinr organization represents a coordination of efforts allowing the hospital systems to work saidRichard Ketcham, president and CEO of Brooks Memorial. we'll explore the integration of services when it makes sensde todo so," Ketcham
Dunkirk's and the in Gowanda and Irving this morningb announced their intent to link undere a active parent organization to be knowjn as Lake Erie Regional Health Systemn ofNew York. Long-time healtu care services will be retained at each withsmaller capacity. The arrangement requires officiaolstate approval, though several months ago it awardes Brooks and TLC a combinedc $16.5 million to make it happen. It is the alternatived developed by the health systemes after learning that the Commission on Health Care Facilitiese in the21st Century, knownh as the Berger Commission, recommende d the elimination of acute-care beds on TLC's Irvinf campus, among other service reconfigurations.
The parenyt company creates one boardr to government thejoint organization. It will have a single CEO and a share dmedical staff, though employees will continue to work at theidr current sites. The joinr organization represents a coordination of efforts allowing the hospital systems to work saidRichard Ketcham, president and CEO of Brooks Memorial. we'll explore the integration of services when it makes sensde todo so," Ketcham
вторник, 26 апреля 2011 г.
Advanta agrees to refund customers up to $35M in FDIC agreements - Dallas Business Journal:
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That agreement addresses charges that theSprinvg House, Pa.-based company violated federal trade laws througgh its pricing strategies on business creditt cards, and in its marketing of cash-bacl rewards on the cards. Advantwa said it did not admit wrongdoinh and that it entered theagreementsd “in the interest of expediency and to avoir litigation.” Advanta said it took a $14 millioj charge to cover refunds tied to the allegedr marketing violations in third-quarter 2008 and will take a second-quarterf 2009 charge to cover refunds over its pricinv strategies, which it said coulde total $21 million. Advanta also agreed to a $150,0000 fine.
In a separatre agreement with the FDIC, Advanta’s ability to use cash and pay dividende hasbeen restricted. The company must submit a plan to remain and submit a plan to terminateits deposit-taking operations and deposit insurance once its depositse are repaid in full, a process expected to take a few The second agreement with the FDIC placesz restrictions on Advanta’s use of its cash assets, paymengt of dividends and transactione that would materially alter its balancr sheet composition and taking of brokered Advanta said the second order does not in any way restrict it from continuin g to service its managed credit-card accountas and receivables.
In an effort to limiyt losses and erosion of its capital ascredit deteriorates, Advanta said in early May that its securitization trusft will go into early amortization — where the company uses receivables from customeras to accelerate payment to investor bondholders. While that protect investors from prolonged exposure to a pool of receivableds whose credit performancehas deteriorated, Advanta would have neededc an alternative way to fund new purchaseds on its customers’ credit So it had to shut down future use, effective May 30. It has since referred some customers to AmericanExpress Co.
Advanta’s stock closer 2 7 percent lower Wednesday at42
That agreement addresses charges that theSprinvg House, Pa.-based company violated federal trade laws througgh its pricing strategies on business creditt cards, and in its marketing of cash-bacl rewards on the cards. Advantwa said it did not admit wrongdoinh and that it entered theagreementsd “in the interest of expediency and to avoir litigation.” Advanta said it took a $14 millioj charge to cover refunds tied to the allegedr marketing violations in third-quarter 2008 and will take a second-quarterf 2009 charge to cover refunds over its pricinv strategies, which it said coulde total $21 million. Advanta also agreed to a $150,0000 fine.
In a separatre agreement with the FDIC, Advanta’s ability to use cash and pay dividende hasbeen restricted. The company must submit a plan to remain and submit a plan to terminateits deposit-taking operations and deposit insurance once its depositse are repaid in full, a process expected to take a few The second agreement with the FDIC placesz restrictions on Advanta’s use of its cash assets, paymengt of dividends and transactione that would materially alter its balancr sheet composition and taking of brokered Advanta said the second order does not in any way restrict it from continuin g to service its managed credit-card accountas and receivables.
In an effort to limiyt losses and erosion of its capital ascredit deteriorates, Advanta said in early May that its securitization trusft will go into early amortization — where the company uses receivables from customeras to accelerate payment to investor bondholders. While that protect investors from prolonged exposure to a pool of receivableds whose credit performancehas deteriorated, Advanta would have neededc an alternative way to fund new purchaseds on its customers’ credit So it had to shut down future use, effective May 30. It has since referred some customers to AmericanExpress Co.
Advanta’s stock closer 2 7 percent lower Wednesday at42
суббота, 23 апреля 2011 г.
Superzoo Offers New Grooming Features and Remodeled 'Club' for 2011 Show - PR-USA.net (press release)
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Superzoo Offers New Grooming Features and Remodeled 'Club' for 2011 Show PR-USA.net (press release) Produced and managed by the World Pet Association (WPA), SuperZoo will offer new features at the 2011 show, including a revamped business lounge, a new grooming component and expanded retailer course offerings through the SuperZoo University program. ... |
четверг, 21 апреля 2011 г.
Cousins Chairman Tom Bell retiring - Charlotte Business Journal:
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Gellerstedt will remain president, the Atlanta-based real estatse investment trust said. Bell, who turns 60 this year, became Cousinss CEO in January 2002 and chairman inDecembed 2006. Under his watch, the compan y sold nearly $3 billiojn in assets during the market’s peak for special dividendsx totaling $12.62 a share. “There is neverr a perfect time to leave a company as respected and admiresdas Cousins, but I’m confident that after seven and a half yeara as chief executive, the company is readuy for new leadership and renewed Bell said in a statement.
“My decision to step aside now allowsz our extremely talented management team under the guidance of Larrh to make important decisione that will prepare Cousins for the next phase of the realestatd cycle.” Bell remains deeply involvedr in Atlanta’s civic life. He has been instrumentak in the effort to save fromfinancial ruin. The movemeng began over dinner in early 2007 when the tabl conversationof A.D. “Pete” former CEO of , and Bell turned to Through their leadership and donationsfrom , ’s $5 and . "I thought he had big shoexs to fill when hetook over, since he was replacing Tom Cousins," said Hal founder of Barry Real Estate Cos.
"Since he's done an absolutely fantastic job forthat company. And what he's done for the city and metro Atlanta have just been overthe top. I hope he doesn'tr give up some of his effortes that have meant so much to theAtlantsa community. I just admirse the heck out of him." Gellerstedt, 53, came to Cousinas (NYSE: CUZ) when the REIT bought his , in June 2005. Gellerstedt served as chairman and chief executivre officer of the from 1986to 1998. In after the sale of Beers to , he was elected chairmab and CEOof , a packaginy and printed office products company. In 2000, Gellerstedt became president and chief operatintg officerof , an urbajn mixed-use development company.
He went on to founrd The Gellerstedt Groupin 2003. In othe r company news, Cousins’ board of directors named S. Taylorf Glover non-executive chairman of the board. Glove joined the Cousins board inFebruary 2005. He is currently the presiden and chief executive officerof
Gellerstedt will remain president, the Atlanta-based real estatse investment trust said. Bell, who turns 60 this year, became Cousinss CEO in January 2002 and chairman inDecembed 2006. Under his watch, the compan y sold nearly $3 billiojn in assets during the market’s peak for special dividendsx totaling $12.62 a share. “There is neverr a perfect time to leave a company as respected and admiresdas Cousins, but I’m confident that after seven and a half yeara as chief executive, the company is readuy for new leadership and renewed Bell said in a statement.
“My decision to step aside now allowsz our extremely talented management team under the guidance of Larrh to make important decisione that will prepare Cousins for the next phase of the realestatd cycle.” Bell remains deeply involvedr in Atlanta’s civic life. He has been instrumentak in the effort to save fromfinancial ruin. The movemeng began over dinner in early 2007 when the tabl conversationof A.D. “Pete” former CEO of , and Bell turned to Through their leadership and donationsfrom , ’s $5 and . "I thought he had big shoexs to fill when hetook over, since he was replacing Tom Cousins," said Hal founder of Barry Real Estate Cos.
"Since he's done an absolutely fantastic job forthat company. And what he's done for the city and metro Atlanta have just been overthe top. I hope he doesn'tr give up some of his effortes that have meant so much to theAtlantsa community. I just admirse the heck out of him." Gellerstedt, 53, came to Cousinas (NYSE: CUZ) when the REIT bought his , in June 2005. Gellerstedt served as chairman and chief executivre officer of the from 1986to 1998. In after the sale of Beers to , he was elected chairmab and CEOof , a packaginy and printed office products company. In 2000, Gellerstedt became president and chief operatintg officerof , an urbajn mixed-use development company.
He went on to founrd The Gellerstedt Groupin 2003. In othe r company news, Cousins’ board of directors named S. Taylorf Glover non-executive chairman of the board. Glove joined the Cousins board inFebruary 2005. He is currently the presiden and chief executive officerof
вторник, 19 апреля 2011 г.
Franklin County snags $4.6M Justice Department stimulus grant - Business First of Columbus:
budimirukaovyril.blogspot.com
million grant headed to Franklin Count y law enforcement as part of morethan $44 millionn flowing into the state through stimulus-funded Justice Departmentf grants. U.S. Attorney Generaol Eric Holder said in a releasd that Franklin County isreceiving $4.59 milliobn under the Edward Byrnd Memorial Justice Assistance Grant That initiative is backed by more than $4 billionb that was earmarked in the federapl stimulus package President Barack Obama signexd this year. On top of the grant to Franklih County and severalother municipal-levelo awards totaling $6.55 Ohio is receiving more than $38 million througgh the same program and must disburse part of the fundd to local jurisdictions.
Holder said the funds are aimec at supporting job creation and training in a wide rangseof law-enforcement areas. “By addressing Ohio’ s economic challenges while simultaneously meetingthe state’s public safety priorities, these funds represen t the best of what the (American Investment and) Recovery Act can do for our Holder said in a release. “Thisx vital funding will help fight crime and buildsafefr communities, and we look forward to continued work with Ohio to addreses these criminal-justice goals.” The U.S. attorney’s office said more local awards will beannounced later.
Municipalities had until May 18 to submi t applications for funding but the deadline has been extende toJune 17. More detailws on the program areavailable .
million grant headed to Franklin Count y law enforcement as part of morethan $44 millionn flowing into the state through stimulus-funded Justice Departmentf grants. U.S. Attorney Generaol Eric Holder said in a releasd that Franklin County isreceiving $4.59 milliobn under the Edward Byrnd Memorial Justice Assistance Grant That initiative is backed by more than $4 billionb that was earmarked in the federapl stimulus package President Barack Obama signexd this year. On top of the grant to Franklih County and severalother municipal-levelo awards totaling $6.55 Ohio is receiving more than $38 million througgh the same program and must disburse part of the fundd to local jurisdictions.
Holder said the funds are aimec at supporting job creation and training in a wide rangseof law-enforcement areas. “By addressing Ohio’ s economic challenges while simultaneously meetingthe state’s public safety priorities, these funds represen t the best of what the (American Investment and) Recovery Act can do for our Holder said in a release. “Thisx vital funding will help fight crime and buildsafefr communities, and we look forward to continued work with Ohio to addreses these criminal-justice goals.” The U.S. attorney’s office said more local awards will beannounced later.
Municipalities had until May 18 to submi t applications for funding but the deadline has been extende toJune 17. More detailws on the program areavailable .
суббота, 16 апреля 2011 г.
H-E-B promotes CFO to chief merchant - San Antonio Business Journal:
http://ovaluleq.wordpress.com
Otto has been with H-E-B for 18 The company asked Otto to take on the adder responsibility after current Chief Merchant Steve Harper decidedto semi-retire from H-E-B. Harper will continud to work for the company ona part-timre basis and will mentor key leaderd in the company. He will also contribute his expertiss on any upcoming projectaswithin H-E-B’s manufacturing and retail operations. H-E-h officials say Otto’s background suits him well for the addedf role of chiefmerchant — a positio n that involves overseeing merchandising for the grocerg company.
In addition to serving as the company’ss chief financial officer, Otto previously worked as H-E-B’s executivs vice president of grocery andfresh merchandising/procurement. He has also served as generak manager for the Central Texas Regionfor “Martin is a powerful and well-roundefd leader with the proven ability to meet our ever-changing needs,” H-E-B Chairman and CEO Charlez Butt says. “His insight as chief merchany will ensure that we continuw to be strongly positionedfor success, now and in the San Antonio-based H-E-B has annual sales of more than $15 billio and operates some 300 stores in Texaa and Mexico. The compangy has more than 70,000 employees. www.
heb.com
Otto has been with H-E-B for 18 The company asked Otto to take on the adder responsibility after current Chief Merchant Steve Harper decidedto semi-retire from H-E-B. Harper will continud to work for the company ona part-timre basis and will mentor key leaderd in the company. He will also contribute his expertiss on any upcoming projectaswithin H-E-B’s manufacturing and retail operations. H-E-h officials say Otto’s background suits him well for the addedf role of chiefmerchant — a positio n that involves overseeing merchandising for the grocerg company.
In addition to serving as the company’ss chief financial officer, Otto previously worked as H-E-B’s executivs vice president of grocery andfresh merchandising/procurement. He has also served as generak manager for the Central Texas Regionfor “Martin is a powerful and well-roundefd leader with the proven ability to meet our ever-changing needs,” H-E-B Chairman and CEO Charlez Butt says. “His insight as chief merchany will ensure that we continuw to be strongly positionedfor success, now and in the San Antonio-based H-E-B has annual sales of more than $15 billio and operates some 300 stores in Texaa and Mexico. The compangy has more than 70,000 employees. www.
heb.com
четверг, 14 апреля 2011 г.
Solar power group to discuss benefits of hosting generating facilities - Phoenix Business Journal:
http://scrubadub.com/detailguideo3.html
A series of experts will discuss the potentiakl for buildings with large roof space or parkiny lots to house solar unitxs to offset electric costs for owners or as a host forotherr users. Organizers say two things are cominf into play this year that coulf help spur commercial demand inthis sectors. The firsgt is the $185 million Arizona is using to encouragwe weatherization and energy efficiencyin buildings. The second is $55 milliomn in federal stimulus funds to install renewableeenergy equipment. The society also plans to unveil a businese plan on Thursday that could create thousands of new officials said.
Speakers will includwe Jane Pater, Summit Blue; Tony Tewelis, Arizona Public Service Co.; Robert Hoskins, Arizona Solar Installation Training Program; Scotrt Young, Sky Engineering; Ryan Hurley, Rose Law Group; Kate Recurrent Energy; and Brian Rasmussen, BrightSource Energy. The event will be held from 7 to9 p.m. at the Hyat t at Gainey Ranch, 7500 E. Doubletree Ranch Road in For more: 480-218-4441.
A series of experts will discuss the potentiakl for buildings with large roof space or parkiny lots to house solar unitxs to offset electric costs for owners or as a host forotherr users. Organizers say two things are cominf into play this year that coulf help spur commercial demand inthis sectors. The firsgt is the $185 million Arizona is using to encouragwe weatherization and energy efficiencyin buildings. The second is $55 milliomn in federal stimulus funds to install renewableeenergy equipment. The society also plans to unveil a businese plan on Thursday that could create thousands of new officials said.
Speakers will includwe Jane Pater, Summit Blue; Tony Tewelis, Arizona Public Service Co.; Robert Hoskins, Arizona Solar Installation Training Program; Scotrt Young, Sky Engineering; Ryan Hurley, Rose Law Group; Kate Recurrent Energy; and Brian Rasmussen, BrightSource Energy. The event will be held from 7 to9 p.m. at the Hyat t at Gainey Ranch, 7500 E. Doubletree Ranch Road in For more: 480-218-4441.
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