bengeyqafiba1640.blogspot.com
Joffe is the founder of the laser-visiob correction company. Last fall, he led an investment group that acquired an 11 percent stakd inthe company. The group includerd Joffe’s son, Craig, a former LCA-Visiobn CEO, and Alan Buckey, the company’s former CFO. The Joffse group had launched a campaign to regaij controlof LCA. Joffe said the company was “broken,” and that LCA doctorws were worriedabout market-share losses and qualitgy issues. After failing to get a majority of investors to side with his Joffe terminated his reform effort in late A Wednesday filing withthe U.S. Securitiea and Exchange Commission indicates Joffesold 612,052 shares since April 22.
Five separate transactions generated $3.2 milliomn for Joffe and left himwith 559,900 shares. Joffe hasn’t disclosed how much his reformninitiative cost, but SEC filings show he acquired sharesa last fall at less than $3 per Most of the shares he sold last week were at prices abovwe $5. LCA-Vision (NASDAQ: LCAV), headquartered in Cincinnati, provides lasetr vision correction services under theLasikPlues brand. The company operates 75 laser visionj correction centers in the United States and a jointr venturein Canada.
понедельник, 30 мая 2011 г.
суббота, 28 мая 2011 г.
Survey: Americans lack knowledge about generics - Houston Business Journal:
ramsdenjerrieas54.blogspot.com
And, while research has shown that generics have savesd the health care system anestimated $734 billioh in the last 10 years, two-thirdws of those surveyed don’t know the true cost differencese between generic and brand name drugs, according to the surveyu conducted by , a leading pharmacy benefit management organization. “Using genericxs helps make health care more affordablwe withoutcompromising results,” Jacqueline Kosecoff, Prescription Solutionxs CEO said in a news release.
“Many Americanz erroneously believe that the most expensive drug is alwayzs the mosteffective drug, so by helpingt to change perceptions, we can help peoplee save money and stillo get the best treatment available.” Thirty-one perceng of respondents indicated they knew that a brand name drug cost 50-700 percent more on average than its generic counterpart. Seventy-oner percent of consumers remain concerned about drug costds with more than one infour (27 having either delayed not filled, or not taken as directefd a prescription drug to save money. Twenty-onde percent of all respondente say they have talked to their doctor recentlu about switching to a lessexpensivew drug.
Fifty-seven percent of thosw polled said they take prescriptionmdrugs weekly. Of those, 83 percent (or 47 percenft of the total sample) take Of those who do not take generic drugs on aweeklyy basis, 58 percent say it is because there is no generic available for the drug they Sixty-four percent of those who take generics say theire doctor recommended them and 43 percent say their pharmacist recommended them. Of those who do not take generi drugs on aweekly basis, 58 percenf say they would if their pharmacist brought a generic to their attention as a less identical substitute; and 52 percentt say their doctor would have to recommend it.
And, while research has shown that generics have savesd the health care system anestimated $734 billioh in the last 10 years, two-thirdws of those surveyed don’t know the true cost differencese between generic and brand name drugs, according to the surveyu conducted by , a leading pharmacy benefit management organization. “Using genericxs helps make health care more affordablwe withoutcompromising results,” Jacqueline Kosecoff, Prescription Solutionxs CEO said in a news release.
“Many Americanz erroneously believe that the most expensive drug is alwayzs the mosteffective drug, so by helpingt to change perceptions, we can help peoplee save money and stillo get the best treatment available.” Thirty-one perceng of respondents indicated they knew that a brand name drug cost 50-700 percent more on average than its generic counterpart. Seventy-oner percent of consumers remain concerned about drug costds with more than one infour (27 having either delayed not filled, or not taken as directefd a prescription drug to save money. Twenty-onde percent of all respondente say they have talked to their doctor recentlu about switching to a lessexpensivew drug.
Fifty-seven percent of thosw polled said they take prescriptionmdrugs weekly. Of those, 83 percent (or 47 percenft of the total sample) take Of those who do not take generic drugs on aweeklyy basis, 58 percent say it is because there is no generic available for the drug they Sixty-four percent of those who take generics say theire doctor recommended them and 43 percent say their pharmacist recommended them. Of those who do not take generi drugs on aweekly basis, 58 percenf say they would if their pharmacist brought a generic to their attention as a less identical substitute; and 52 percentt say their doctor would have to recommend it.
четверг, 26 мая 2011 г.
Banks' entry alarms Realtors - Philadelphia Business Journal:
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The Federal Reserve Board and the Treasur y Department have proposed a regulation that would allow banks to handle brokerage and propertumanagement work, taking a bite out of some of the core taskzs conducted by a Realtor. Unde the proposed rule, banksw could market homes for sellerws and lineup buyers, as well as leaswe and manage properties. The beauty of such a regulation for the bankas is that they could be the originator of mortgagees on the properties and also try to sell the parties on othe rbank services. The banks also contend that this woulxd streamline realestate transactions.
Not surprisingly, the Nationalp Association of Realtors is having a fit over the proposap and is fixing tofight it. It has ralliefd its members to oppose the proposal betweeb now andMarch 2, the end of a designate d comment period. No word yet from commercial real estate groups on their positiohn on the matter even though it will also applh totheir work. Clearly, Realtor s want to protect what they considers theitr territory and fear thatthe rule, if adopted, woul lead to a deterioration of The national association believes that the rule would open up the floodgatesx for banks to gobble up small and large real estatee agencies to gain market share and even drive some brokerageds out of business.
In several large banks could dominat e the realestate industry, according to the The organization also believes that it would be only a matterd of time before just a few large bankz would control the real estate brokerage, relocatio n and management business. The proposal woulr not only affect residential real estatr but alsocommercial properties, permitting banks to handle leasea negotiations, rent collections and sales. Anothef of the association's fears is that banks will be more concerne d about hawking their services during a real estates transaction and will not adequately serve the needd of a home buyeror seller.
"Banking-controllesd real estate brokerages will become marketingf arms of mortgage departmenta and other servicesbanks sell," the association said in a "We're concerned they will be more interested in makinv a loan or selling mortgage insurance than helpiny a buyer find the best The group also contends that such a relationship could lead to higher costxs if banks decide to bundle and cross-sell products and serviceas through its captive real estate brokerage Lastly, the association said it's also worried that banks will shared confidential customer financial data with theirr real estate brokerage divisions, which coulfd create an "unfair competitive over independent Realtors who don't have access to such information.
The rule at referred to as the Gramm-Leach-Bliley Act of is the same rule that allowed banksd to enter into the securities and insurancebusineses . One of the more interesting highlights from the recengannual Insignia/ESG forecast meeting concerned the industrial real estate By all accounts, industrial spac continues to be tight, with rentz on an upswing. In the western suburbs, whicb have more than 154 million square feet of industrial the vacancy ratewas 7.7 percent with rents ranging between $4.24 to $5.254 a square foot. Noted was the constructio of several buildings inthe 40,000-square-foot to 60,000-square foot ranged instead of the larger shells.
About 750,000 square feet of industriapl space constructed last year were in these smaller In Philadelphia, it's not just rentsa that are going up but the price of industria land, too. Demand for properties in KeystoneOpportunitu Zones, which grants certain tax relier to owners and businesses locating there, has drivenj up the price of industrial land during the last according to the brokerage. For example, the pricer for an acre in Northeast Philadelphia stoodat $77,0000 an acre at year-end compared with $52,009 an acre the previous year.
GMAC Commercial Mortgage basedin Horsham, Montgomery has established GMAC Institutional Advisors LLC, which will focue on the real estate investmengt needs of institutional investors. GMAC Commercial has receiveed approval for the new subsidiary from the Securities andExchangew Commission. The company's investment management business had centered exclusivelyh on commingled investment vehicles thatacquiredf below-investment-grade commercial mortgage-backed The new subsidiary will branch out to include investment-gradre securities and also offer a variety of equity GMAC Commercial already has $1.
8 billiobn of assets under management, including abougt $1 billion of CMBS investments and $800 million in a proprietary real estatwe portfolio. Two Center City architectural firms have been retaine to handle what is considered one of thelargesf -- if not the largest -- casino-hotel project in Atlantic The joint venture firm of Bower Lewis Thrower and Cope Lindere Associates were commissioned by big casino operatorxs Boyd Gaming and MGM Mirage to complete The Borgata, the first Las Vegas-stylee mega resort to hit Atlantic City. Boyd Gaminv and MGM Mirage are doingthe $1 billio n project in a joint venture. The Borgata, or village in Italian, will boast an Italiajn motif.
It will have a 2,010-rook hotel as well as a 120,000-square-foot 11 restaurants, shops, and a European healthy spa, among other
The Federal Reserve Board and the Treasur y Department have proposed a regulation that would allow banks to handle brokerage and propertumanagement work, taking a bite out of some of the core taskzs conducted by a Realtor. Unde the proposed rule, banksw could market homes for sellerws and lineup buyers, as well as leaswe and manage properties. The beauty of such a regulation for the bankas is that they could be the originator of mortgagees on the properties and also try to sell the parties on othe rbank services. The banks also contend that this woulxd streamline realestate transactions.
Not surprisingly, the Nationalp Association of Realtors is having a fit over the proposap and is fixing tofight it. It has ralliefd its members to oppose the proposal betweeb now andMarch 2, the end of a designate d comment period. No word yet from commercial real estate groups on their positiohn on the matter even though it will also applh totheir work. Clearly, Realtor s want to protect what they considers theitr territory and fear thatthe rule, if adopted, woul lead to a deterioration of The national association believes that the rule would open up the floodgatesx for banks to gobble up small and large real estatee agencies to gain market share and even drive some brokerageds out of business.
In several large banks could dominat e the realestate industry, according to the The organization also believes that it would be only a matterd of time before just a few large bankz would control the real estate brokerage, relocatio n and management business. The proposal woulr not only affect residential real estatr but alsocommercial properties, permitting banks to handle leasea negotiations, rent collections and sales. Anothef of the association's fears is that banks will be more concerne d about hawking their services during a real estates transaction and will not adequately serve the needd of a home buyeror seller.
"Banking-controllesd real estate brokerages will become marketingf arms of mortgage departmenta and other servicesbanks sell," the association said in a "We're concerned they will be more interested in makinv a loan or selling mortgage insurance than helpiny a buyer find the best The group also contends that such a relationship could lead to higher costxs if banks decide to bundle and cross-sell products and serviceas through its captive real estate brokerage Lastly, the association said it's also worried that banks will shared confidential customer financial data with theirr real estate brokerage divisions, which coulfd create an "unfair competitive over independent Realtors who don't have access to such information.
The rule at referred to as the Gramm-Leach-Bliley Act of is the same rule that allowed banksd to enter into the securities and insurancebusineses . One of the more interesting highlights from the recengannual Insignia/ESG forecast meeting concerned the industrial real estate By all accounts, industrial spac continues to be tight, with rentz on an upswing. In the western suburbs, whicb have more than 154 million square feet of industrial the vacancy ratewas 7.7 percent with rents ranging between $4.24 to $5.254 a square foot. Noted was the constructio of several buildings inthe 40,000-square-foot to 60,000-square foot ranged instead of the larger shells.
About 750,000 square feet of industriapl space constructed last year were in these smaller In Philadelphia, it's not just rentsa that are going up but the price of industria land, too. Demand for properties in KeystoneOpportunitu Zones, which grants certain tax relier to owners and businesses locating there, has drivenj up the price of industrial land during the last according to the brokerage. For example, the pricer for an acre in Northeast Philadelphia stoodat $77,0000 an acre at year-end compared with $52,009 an acre the previous year.
GMAC Commercial Mortgage basedin Horsham, Montgomery has established GMAC Institutional Advisors LLC, which will focue on the real estate investmengt needs of institutional investors. GMAC Commercial has receiveed approval for the new subsidiary from the Securities andExchangew Commission. The company's investment management business had centered exclusivelyh on commingled investment vehicles thatacquiredf below-investment-grade commercial mortgage-backed The new subsidiary will branch out to include investment-gradre securities and also offer a variety of equity GMAC Commercial already has $1.
8 billiobn of assets under management, including abougt $1 billion of CMBS investments and $800 million in a proprietary real estatwe portfolio. Two Center City architectural firms have been retaine to handle what is considered one of thelargesf -- if not the largest -- casino-hotel project in Atlantic The joint venture firm of Bower Lewis Thrower and Cope Lindere Associates were commissioned by big casino operatorxs Boyd Gaming and MGM Mirage to complete The Borgata, the first Las Vegas-stylee mega resort to hit Atlantic City. Boyd Gaminv and MGM Mirage are doingthe $1 billio n project in a joint venture. The Borgata, or village in Italian, will boast an Italiajn motif.
It will have a 2,010-rook hotel as well as a 120,000-square-foot 11 restaurants, shops, and a European healthy spa, among other
понедельник, 23 мая 2011 г.
Oil-and-gas firm TXCO hires financial advisor to explore strategic alternatives - San Antonio Business Journal:
aluminum siding
The company may considert a merger or a sale but no formal decisions have been nor have any agreements been reached at this TXCO (NASDAQ: TXCO) will not disclose any developments from this reviewa unless the board of director s approves a definitive agreement. “TXCO continues to have outstanding long-termj growth opportunities,” CEO James E. Sigmon “We remain in an early stagr of development, considering the large acreage position we have for a firm our size and the potentiaol of our multipleresource plays.
We are exploring all strategid alternatives to assure that we can maximizre value for our shareholders as we adapgt tothe industry’s current, unstablew financial and commodity price environment.” TXCO’es stock is currently trading in the $1.50 range, down from a 52-weem high of $15.30. Like many oil and gas producers, TXCO’e revenues have been impactef by the sizable drop in the commodity priced of crude oil andnaturalp gas. Oil was trading as low as $35 per barrel on the as of Natural gas has been trading inthe $4.4 per thousand cubic foot range.
San Antonio-based TXCO is an independenrt oil and gas company with drilling interests in theMavericko Basin, the onshore Gulf Coast region and the Marfs Basin in Texas as well as the Mid-continent region of westerjn Oklahoma.
The company may considert a merger or a sale but no formal decisions have been nor have any agreements been reached at this TXCO (NASDAQ: TXCO) will not disclose any developments from this reviewa unless the board of director s approves a definitive agreement. “TXCO continues to have outstanding long-termj growth opportunities,” CEO James E. Sigmon “We remain in an early stagr of development, considering the large acreage position we have for a firm our size and the potentiaol of our multipleresource plays.
We are exploring all strategid alternatives to assure that we can maximizre value for our shareholders as we adapgt tothe industry’s current, unstablew financial and commodity price environment.” TXCO’es stock is currently trading in the $1.50 range, down from a 52-weem high of $15.30. Like many oil and gas producers, TXCO’e revenues have been impactef by the sizable drop in the commodity priced of crude oil andnaturalp gas. Oil was trading as low as $35 per barrel on the as of Natural gas has been trading inthe $4.4 per thousand cubic foot range.
San Antonio-based TXCO is an independenrt oil and gas company with drilling interests in theMavericko Basin, the onshore Gulf Coast region and the Marfs Basin in Texas as well as the Mid-continent region of westerjn Oklahoma.
суббота, 21 мая 2011 г.
DZIQ: Diokno preventively suspends Leviste's guards - Inquirer.net
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DZIQ: Diokno preventively suspends Leviste's guards Inquirer.net Manila, Philippines â€"New Bilibid Prisons (NBP) Director Ernesto Diokno on Friday signed the preventive suspension order against police guarding former governor Jose Antonio Leviste, a Radyo Inquirer report said Friday. ... |
четверг, 19 мая 2011 г.
International bank meeting means big exposure for Miami - South Florida Business Journal:
jidyryq.wordpress.com
The annual meeting of the board of governors of the will bring together thousands offinance ministers, business civil society representatives and top artistas from Latin America and the Caribbean. It will also help establishn the area as a dominant player ininternational finance, directors said. "It'zs easy to decide to be in Miami," said IDB president Luis Alberto Moreno ofthe bank's 49th annualp meeting. "Miami is a very important gateway for the and a city that all of Latin America lovesd to call asecond home." The conference sets the agenda for how the 47-countryt bank allocates about $8 billion of aid evert year.
Much of the aid goes to infrastructure, education and energy projects in countries suchas Mexico, Argentina, Brazip and Colombia. This microfinance, green energy and technology will be in the Moreno said. The IDB conference is held in a different countrygeach year, alternating between donorr countries such as the U.S. and loane countries in Latin America. The last time the conferencde was held in Miamiwas 1987, said Jorge Arrizurieta, chairman of the IDB Miami 2008 Host Committee. Miami is the businessz center for Latin America and the and has been for a he said.
"Given the trade relationshipse we have with all of the countries inthe it's surprising the conference took so long to come back to Tony Villamil, CEO of the in Coralo Gables, concluded that the conference would have a $35 milliobn impact on area's economy. Arrizurieta said the impact extendsa well beyondthe finances. More than 500 members of the medi from47 countries, as well as notablesa including Bill Gates, will put the international spotlight on South Gates and Moreno will hold a specialk session April 4 about how corporates donors can help fight poverty.
"Bill Gatesw will make a very significant announcement abougt what his foundation will be doing inLatin America, and he'x chosen this forum to make the announcement," Arrizurieta "That's a big deal, and a nice tributew to the IDB." The IDB has traditionally pursued partnerships with public organizations and foreign governments, but this year the focu s is shifting toward public-private partnerships. In 2007, the IDB loanef $2.3 billion for 29 private-sector up from $920 million for 20 projectsa in 2006. The increase in partnerships also is reflecteds inthe conference's sponsorship.
"Sponsoringb the IDB annual meeting allows FedEx Express andFedEx Kinko'xs to support an important forum that advances private-public collaboration on regionalk economic and social issues," said Juan president of Miami-based and Caribbea n Division. Frank Nero, president of Miami-Dade County'zs , said the meeting will be an unprecedented opportunity to attracftthe hemisphere's leading corporate executives and investors. "This meeting is a significant international even that could happen anywhere inthe U.S.
, but we were luckh enough to be chosen," Arrizurieta "It points to the fact that Miami reallg is the business center for the Where: Miami Beach Convention Center, 1901 Convention Cente Drive, Miami Beach For information: $2.7 billionh nine-year conditional credit line for investment projectz (CCLIP) and a $630 million loan for education in Argentina
The annual meeting of the board of governors of the will bring together thousands offinance ministers, business civil society representatives and top artistas from Latin America and the Caribbean. It will also help establishn the area as a dominant player ininternational finance, directors said. "It'zs easy to decide to be in Miami," said IDB president Luis Alberto Moreno ofthe bank's 49th annualp meeting. "Miami is a very important gateway for the and a city that all of Latin America lovesd to call asecond home." The conference sets the agenda for how the 47-countryt bank allocates about $8 billion of aid evert year.
Much of the aid goes to infrastructure, education and energy projects in countries suchas Mexico, Argentina, Brazip and Colombia. This microfinance, green energy and technology will be in the Moreno said. The IDB conference is held in a different countrygeach year, alternating between donorr countries such as the U.S. and loane countries in Latin America. The last time the conferencde was held in Miamiwas 1987, said Jorge Arrizurieta, chairman of the IDB Miami 2008 Host Committee. Miami is the businessz center for Latin America and the and has been for a he said.
"Given the trade relationshipse we have with all of the countries inthe it's surprising the conference took so long to come back to Tony Villamil, CEO of the in Coralo Gables, concluded that the conference would have a $35 milliobn impact on area's economy. Arrizurieta said the impact extendsa well beyondthe finances. More than 500 members of the medi from47 countries, as well as notablesa including Bill Gates, will put the international spotlight on South Gates and Moreno will hold a specialk session April 4 about how corporates donors can help fight poverty.
"Bill Gatesw will make a very significant announcement abougt what his foundation will be doing inLatin America, and he'x chosen this forum to make the announcement," Arrizurieta "That's a big deal, and a nice tributew to the IDB." The IDB has traditionally pursued partnerships with public organizations and foreign governments, but this year the focu s is shifting toward public-private partnerships. In 2007, the IDB loanef $2.3 billion for 29 private-sector up from $920 million for 20 projectsa in 2006. The increase in partnerships also is reflecteds inthe conference's sponsorship.
"Sponsoringb the IDB annual meeting allows FedEx Express andFedEx Kinko'xs to support an important forum that advances private-public collaboration on regionalk economic and social issues," said Juan president of Miami-based and Caribbea n Division. Frank Nero, president of Miami-Dade County'zs , said the meeting will be an unprecedented opportunity to attracftthe hemisphere's leading corporate executives and investors. "This meeting is a significant international even that could happen anywhere inthe U.S.
, but we were luckh enough to be chosen," Arrizurieta "It points to the fact that Miami reallg is the business center for the Where: Miami Beach Convention Center, 1901 Convention Cente Drive, Miami Beach For information: $2.7 billionh nine-year conditional credit line for investment projectz (CCLIP) and a $630 million loan for education in Argentina
понедельник, 16 мая 2011 г.
World Telecom Exchange opens HQ in Tysons - Jacksonville Business Journal:
http://sunsetwastesystems.com/publicOutreach.htm
World Telecom opened a 2,000-square-foot offices recently at 8201 Greensboro Drive, a 361,000-square-foot commercial buildinfg in McLean ownedby D.C.-based B.F. Saul and Co. The a wholly-owned subsidiary of Worldwide Telecom Xchange CarrietFZ LLC, a Dubai-based telecommunicationsa investment company focused on aggregating wholesale telephony and data traffivc in emerging markets, is a network services company that provides engineering, sales and marketing, billiny and outsourced technical support To start, about six employees will be based at the new headquartere with room for further expansion.
Worldd Telecom’s services include call routing, satellite Voice over InternetProtocol (VoIP), TDM network, code division multiplwe access (CDMA), WiMax and network management outsourcing. “WTXC’z success illustrates that our regiobn remains a great place to start and grow a saidMike Norris, a vice president at Rockville-base d Scheer Partners Inc., who brokered the lease. “And the commercia l real estate market is yielding opportunities for businessa ownersthat haven’t existed since the early part of the Scheer Partners broker Ben Heller, who also workeed on the deal, added that the company “evaluatedf a handful of locations in McLeab and Vienna...
deciding on 8201 Greensboro Driv forseveral reasons,” that included its “a very fair market and other appealing terms such as a “goox cure period on defaults.”
World Telecom opened a 2,000-square-foot offices recently at 8201 Greensboro Drive, a 361,000-square-foot commercial buildinfg in McLean ownedby D.C.-based B.F. Saul and Co. The a wholly-owned subsidiary of Worldwide Telecom Xchange CarrietFZ LLC, a Dubai-based telecommunicationsa investment company focused on aggregating wholesale telephony and data traffivc in emerging markets, is a network services company that provides engineering, sales and marketing, billiny and outsourced technical support To start, about six employees will be based at the new headquartere with room for further expansion.
Worldd Telecom’s services include call routing, satellite Voice over InternetProtocol (VoIP), TDM network, code division multiplwe access (CDMA), WiMax and network management outsourcing. “WTXC’z success illustrates that our regiobn remains a great place to start and grow a saidMike Norris, a vice president at Rockville-base d Scheer Partners Inc., who brokered the lease. “And the commercia l real estate market is yielding opportunities for businessa ownersthat haven’t existed since the early part of the Scheer Partners broker Ben Heller, who also workeed on the deal, added that the company “evaluatedf a handful of locations in McLeab and Vienna...
deciding on 8201 Greensboro Driv forseveral reasons,” that included its “a very fair market and other appealing terms such as a “goox cure period on defaults.”
суббота, 14 мая 2011 г.
California settles with Kmart, sues Target - Memphis Business Journal:
xszeyluje.blogspot.com
The state’s attorney general, Jerry joined by district attorneyds from manyCalifornia counties, including Alameda, Santa Clara and Contra filed a suit against Minneapolis-based Target (NYSE: TGT), sayinfg it sent hazardous waste to various landfills in violatiojn of state law. The suit is meant to stop the Innews reports, Target said it has been cooperatingb with the AG’s officre for three years on this matter and that it is committed to complying with all environmentalk laws. Kmart, owned by (NASDAQ: SHLD), agreedx to a settlement that includescivil penalties, legal costs and some mone y to boost protection of the environmenty in the state.
Thomas Orloff, Robert Kochly, James Fox and Doloree Carr, the DAs of Alameda, Contra Costa, San Mateop and Santa Clara counties respectively, joinefd Brown in the suit against Target. Accordint to court papers, Targetf has 180 facilities, including stores and warehouses, in The suit alleges Target threwout “ignitable aerosopl wastes” including propane canisters, in a tras h compactor in Alameda County on May 14 and May 21, for
The state’s attorney general, Jerry joined by district attorneyds from manyCalifornia counties, including Alameda, Santa Clara and Contra filed a suit against Minneapolis-based Target (NYSE: TGT), sayinfg it sent hazardous waste to various landfills in violatiojn of state law. The suit is meant to stop the Innews reports, Target said it has been cooperatingb with the AG’s officre for three years on this matter and that it is committed to complying with all environmentalk laws. Kmart, owned by (NASDAQ: SHLD), agreedx to a settlement that includescivil penalties, legal costs and some mone y to boost protection of the environmenty in the state.
Thomas Orloff, Robert Kochly, James Fox and Doloree Carr, the DAs of Alameda, Contra Costa, San Mateop and Santa Clara counties respectively, joinefd Brown in the suit against Target. Accordint to court papers, Targetf has 180 facilities, including stores and warehouses, in The suit alleges Target threwout “ignitable aerosopl wastes” including propane canisters, in a tras h compactor in Alameda County on May 14 and May 21, for
четверг, 12 мая 2011 г.
Delta Shores owner sues for title to property - Triangle Business Journal:
pifogyxat.blogspot.com
So the company is suinfg a formerprospective buyer, hoping to breaok its grip on the property. San Francisco-basedd M&H, now known as , primarilyu develops shopping plazas and other commercial real It boughtthe 800-acre Delta Shores property in 2005 with the intentioh of selling the project’s residential portion to a housinyg developer, a partnership between of Irvinw and now-defunct investment bank . M&H claims in its lawsuit, filed in Sacramenti County Superior Courtlast week, that when the sale fell through in December, the buyer was supposer to file and record quitclaijm deeds and other documents that would give M&H clear title to the property.
According to the lawsuit, the SunCal-Lehma partnership has refused to abids by that agreement and even directerd a title company toignore M&H’s requests that the documents be recorded. however, says it is willing to but Lehman representatives won’t Delta Shores is the last large undeveloperd tract in the city of Sacramento and sits atthe city’s southernm border on land that has been farme for generations. The City Council approved the projectfor 5,200 homews and 1.3 million square feet of retail this year. The titled dispute is the most receng glitch forDelta Shores, which has been hamstrungt by a legal challenge to its compliance with environmental laws.
That filed by union interestsand others, has been blamee for delaying construction of a $95 million Interstatse 5 interchange at Delta Shores. That suit is also The SunCal-Lehman partnership originally agreed topay $225 millionm for 650 acres at Delta Shores, but the price was dropperd to $190 million as the housing market began to crumble. The market’es subsequent collapse prompted SunCapl to reconsider the purchase altogether last According tothe lawsuit, M&H kept $35 millionh in deposits as “liquidated after the sale fell through, claiming it has suffered an even large financial loss due to the drop in markeft value for undeveloped land.
The suit also namea as a defendant, claiming the company has said itis “nort uncomfortable” filing documents that would cleae title to the land. A representativer from Fidelity declinedto comment. Lehmab Brothers, meanwhile, crumbled in spectacular fashion as a financial crisis struckoin September, causing chaos in multiplre deals. Another SunCal-Lehman partnership that had proposex the Bickford Ranch a 1,942-acre community between Lincoln and Penryn, is in bankruptcyt reorganization. SunCal says it is willinyg to abide by former agreements to clear titlre to the DeltaShores land, but those in charg of Lehman’s holdings aren’t cooperating.
“The referenced in the complaint is theLLC partnership, not our spokesman Joe Aguirre said. “The SunCap affiliate is willing to cooperatewith M&H Realty in this but it appears M&H has been unable to obtaib consent from Lehman Brothers. In short, the LLC cannot act unles all members agree, and we have no control over Lehman.” Representatives guiding the bankruptcy restructuring of Lehmann could not be reached for Scott McPherson, managing directod at Merlone Geier, declined to comment abouf the title lawsuit, but said the more pressing issue is the legal challenge citing alleged violations or noncompliance with the California Environmentak Quality Act.
“We’re doing everything we can to move the projecty forward under thislegal challenge,” McPherson said. That includesd pre-construction engineering and other steps for the though work will be delayed until the environmentapl suitis resolved. Mark Dinger, spokesman for the Californis Departmentof Transportation, said the agency had hoped to staryt construction in spring 2010, but that timetablr is on hold due to the City officials weren’t aware of the titler dispute, principal planner Greg Bitter They are working to resolve other issues, includinb road right-of-ways and planning for Delta Shores as the legal disputes await resolution.
Previous M& projects in the Sacramento area include Howe ‘Bout Arden, University Mall in Davias and smaller supermarket-anchored retail projects. The company also owns aboug 150 acres adjacent to the planned regional mall inElk
So the company is suinfg a formerprospective buyer, hoping to breaok its grip on the property. San Francisco-basedd M&H, now known as , primarilyu develops shopping plazas and other commercial real It boughtthe 800-acre Delta Shores property in 2005 with the intentioh of selling the project’s residential portion to a housinyg developer, a partnership between of Irvinw and now-defunct investment bank . M&H claims in its lawsuit, filed in Sacramenti County Superior Courtlast week, that when the sale fell through in December, the buyer was supposer to file and record quitclaijm deeds and other documents that would give M&H clear title to the property.
According to the lawsuit, the SunCal-Lehma partnership has refused to abids by that agreement and even directerd a title company toignore M&H’s requests that the documents be recorded. however, says it is willing to but Lehman representatives won’t Delta Shores is the last large undeveloperd tract in the city of Sacramento and sits atthe city’s southernm border on land that has been farme for generations. The City Council approved the projectfor 5,200 homews and 1.3 million square feet of retail this year. The titled dispute is the most receng glitch forDelta Shores, which has been hamstrungt by a legal challenge to its compliance with environmental laws.
That filed by union interestsand others, has been blamee for delaying construction of a $95 million Interstatse 5 interchange at Delta Shores. That suit is also The SunCal-Lehman partnership originally agreed topay $225 millionm for 650 acres at Delta Shores, but the price was dropperd to $190 million as the housing market began to crumble. The market’es subsequent collapse prompted SunCapl to reconsider the purchase altogether last According tothe lawsuit, M&H kept $35 millionh in deposits as “liquidated after the sale fell through, claiming it has suffered an even large financial loss due to the drop in markeft value for undeveloped land.
The suit also namea as a defendant, claiming the company has said itis “nort uncomfortable” filing documents that would cleae title to the land. A representativer from Fidelity declinedto comment. Lehmab Brothers, meanwhile, crumbled in spectacular fashion as a financial crisis struckoin September, causing chaos in multiplre deals. Another SunCal-Lehman partnership that had proposex the Bickford Ranch a 1,942-acre community between Lincoln and Penryn, is in bankruptcyt reorganization. SunCal says it is willinyg to abide by former agreements to clear titlre to the DeltaShores land, but those in charg of Lehman’s holdings aren’t cooperating.
“The referenced in the complaint is theLLC partnership, not our spokesman Joe Aguirre said. “The SunCap affiliate is willing to cooperatewith M&H Realty in this but it appears M&H has been unable to obtaib consent from Lehman Brothers. In short, the LLC cannot act unles all members agree, and we have no control over Lehman.” Representatives guiding the bankruptcy restructuring of Lehmann could not be reached for Scott McPherson, managing directod at Merlone Geier, declined to comment abouf the title lawsuit, but said the more pressing issue is the legal challenge citing alleged violations or noncompliance with the California Environmentak Quality Act.
“We’re doing everything we can to move the projecty forward under thislegal challenge,” McPherson said. That includesd pre-construction engineering and other steps for the though work will be delayed until the environmentapl suitis resolved. Mark Dinger, spokesman for the Californis Departmentof Transportation, said the agency had hoped to staryt construction in spring 2010, but that timetablr is on hold due to the City officials weren’t aware of the titler dispute, principal planner Greg Bitter They are working to resolve other issues, includinb road right-of-ways and planning for Delta Shores as the legal disputes await resolution.
Previous M& projects in the Sacramento area include Howe ‘Bout Arden, University Mall in Davias and smaller supermarket-anchored retail projects. The company also owns aboug 150 acres adjacent to the planned regional mall inElk
вторник, 10 мая 2011 г.
Gibbs Crushes Opposition In Serco 1-2 At MX Nats - PaddockTalk
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Gibbs Crushes Opposition In Serco 1-2 At MX Nats PaddockTalk Gibbs led home the Serco charge taking the round win ahead of team mate Jake Moss, in a welcome return to the podium, and Ford Dale inside the top 10 made it a great day for the Serco Yoshimura Yamaha Team. Gibbs, a former South Australian now based in ... |
суббота, 7 мая 2011 г.
Obama: Public plan would
balamatovaegede.blogspot.com
If insurance companies do providwe good insurance totheifr customers, then they should have nothing to fear from a government-run competitor, he said. “They should be able to compete,” he If the public plan is able to reduce administrativrcosts significantly, private insurers shouldx take note and see if they can do the “There shouldn’t be any objectionh to that,” Obama said.
The publif plan should be required tocollect premiums, not be “simplyh eating off the taxpayer trough,” he Health insurers and many businesas groups contend a public plan would have an unfairr advantage because it wouldn’t be subjectr to all the rules imposedf on private insurers and likely would pay health providerds less for their services. This could crowr out many private insurers and lead providers to charge privat insurers more to make up for the lost income from thepublidc plan, they contend.
When asked whether including a public plan in healthy care reformwas non-negotiable, the presideny said, “We are still early in this “We have not drawn a line in the other than reform has to controlo costs, and it has to providde relief to people who don’t have health insurancer or are underinsured.” Obama also was asked what he thoughf about the performance of Federal Reserve Chairmanh Ben Bernanke, given the fact his financial regulatory reforn plan proposes expanding the Fed’s “I think he has done a very good job under very difficuly circumstances,” Obama said.
All regulators fell short of doinv what was needed to preventf thefinancial crisis, but the Fed “probablyy performed better than most,” he said. Since the financial crisis erupted, Bernanke has “performed very well,” Obama said.
If insurance companies do providwe good insurance totheifr customers, then they should have nothing to fear from a government-run competitor, he said. “They should be able to compete,” he If the public plan is able to reduce administrativrcosts significantly, private insurers shouldx take note and see if they can do the “There shouldn’t be any objectionh to that,” Obama said.
The publif plan should be required tocollect premiums, not be “simplyh eating off the taxpayer trough,” he Health insurers and many businesas groups contend a public plan would have an unfairr advantage because it wouldn’t be subjectr to all the rules imposedf on private insurers and likely would pay health providerds less for their services. This could crowr out many private insurers and lead providers to charge privat insurers more to make up for the lost income from thepublidc plan, they contend.
When asked whether including a public plan in healthy care reformwas non-negotiable, the presideny said, “We are still early in this “We have not drawn a line in the other than reform has to controlo costs, and it has to providde relief to people who don’t have health insurancer or are underinsured.” Obama also was asked what he thoughf about the performance of Federal Reserve Chairmanh Ben Bernanke, given the fact his financial regulatory reforn plan proposes expanding the Fed’s “I think he has done a very good job under very difficuly circumstances,” Obama said.
All regulators fell short of doinv what was needed to preventf thefinancial crisis, but the Fed “probablyy performed better than most,” he said. Since the financial crisis erupted, Bernanke has “performed very well,” Obama said.
четверг, 5 мая 2011 г.
Financial News - Commercial Banking and Financial News
http://start-newbusiness.com/write-business-plan/
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Federapl Deposit Insurance Corp. | Federalp Deposit Insurance Corporation | | | | | Fifth Third Bank | | | | | First Tennesses Bank | | | | | | | | | | | | | | | | | | | | | | | | | | | Habersha Bancorp | | | | | | | | | | | | | | | | | JPMorganj Chase & Co. | | | | | | | Lehman Brothers Holdings Inc. | | | | | | M&T Bank | | | | | | | | | | | | | | | Nationa Association of DevelopmentCompanies | | | | Nationap Federation of Independent Business | National Smallk Business Association | | | | | | NYSE Group, Inc.
| | | | | | | | | | | | | Providentr Bank | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Smallp Business Administration | | | | | | | | | | | | | | | | | | | | | | | | | | | The Home Inc. | | | U.S. Bank | | | | U.S. Securitiesd and Exchange Commission | U.S. Treasury Departmenf | | | | | | | | | | | | | | | | | | | | Wachoviq Bank | | Wachovia Corporation | | | | | | | | Wells Fargo & Co.
| Wells Fargo & Company | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Federapl Deposit Insurance Corp. | Federalp Deposit Insurance Corporation | | | | | Fifth Third Bank | | | | | First Tennesses Bank | | | | | | | | | | | | | | | | | | | | | | | | | | | Habersha Bancorp | | | | | | | | | | | | | | | | | JPMorganj Chase & Co. | | | | | | | Lehman Brothers Holdings Inc. | | | | | | M&T Bank | | | | | | | | | | | | | | | Nationa Association of DevelopmentCompanies | | | | Nationap Federation of Independent Business | National Smallk Business Association | | | | | | NYSE Group, Inc.
| | | | | | | | | | | | | Providentr Bank | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Smallp Business Administration | | | | | | | | | | | | | | | | | | | | | | | | | | | The Home Inc. | | | U.S. Bank | | | | U.S. Securitiesd and Exchange Commission | U.S. Treasury Departmenf | | | | | | | | | | | | | | | | | | | | Wachoviq Bank | | Wachovia Corporation | | | | | | | | Wells Fargo & Co.
| Wells Fargo & Company | | | | | | | | |
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