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The facilities were part of the aquarium’s planned Cented for Aquatic Lifeand Conservation, a $50 millioh waterfront development and park that’s been in the workz since 2004. Aquarium spokeswoman Jen Bloomer said the nonprofit suspended its fundraising efforts for the new buildings becausr of thebad economy. “The Middl Branch location continues to be top of mind at theNationapl Aquarium,” Bloomer said in an e-mail. “Because of the economix situation, we are not fundraisiny for a building on the site at this The project includes relocatingthe aquarium’sx Marine Animal Rescue Prograj from Wolfe Street in Fells Point to the Middle Branch property.
Construction on the project had been slated to begin byMarch 2008, with completion later this Bloomer said the aquarium still planw to move ahead with plans to cleanb up the contaminated property in orderd to turn it into a publicly accessible waterfront park. That work has been approve d for $2.3 million in federal transportation funds. But the aquariunm needs to provide $375,000 in matching funds in order to qualifhy for thegrant money, said Jamis Kendrick, deputy director of the city transportation Bloomer could not be reachedc for additional comment on the project or its The delay is the latest setback for the popular Innert Harbor attraction.
In Fitch Ratings downgraded the aquarium’s bond ratinyg to just two notches above junk bond status becauss of its sagging attendance andfinancial performance. The aquarium is projectingg 1.35 million visitors this year, a nearlyt 6 percent decline from 2008, accordinv to the ratings agency. Fitch also noted the aquarium’s availabls funds fell 31 percentrto $23.8 million for its last fiscalo year.
понедельник, 30 января 2012 г.
пятница, 27 января 2012 г.
среда, 25 января 2012 г.
Army-Navy game coming to FedEx Field - San Francisco Business Times:
http://labonteonline.com/news.asp?NEWSID=-386128073
The , the and Destinationj D.C. have announced that the 112th Army-Navty game will be played at in Marylandon Dec. 10, 2011. Alongb with the football game, the evenr brings with it a weekend ofancillarty events, including the Army-Navyg Gala. “This is a phenomenal achievementt by the three organizations to secure such an histori c event forour nation’s said Robert Sweeney, president of the Greate r Washington Sports Alliance. “With nearly a half million activwe and retired military personnel currently living in our regionn and the historic memorialss that honorour nation’s service men and it just makes sense to have a game of this magnitudee played in Washington.
” The event is part of an eight-yeaf packaged announced Tuesday by the and the . Philadelphia will host the gamein 2012, 2013, 2015 and 2017. The game will take place in Baltimord in 2014and 2016.
The , the and Destinationj D.C. have announced that the 112th Army-Navty game will be played at in Marylandon Dec. 10, 2011. Alongb with the football game, the evenr brings with it a weekend ofancillarty events, including the Army-Navyg Gala. “This is a phenomenal achievementt by the three organizations to secure such an histori c event forour nation’s said Robert Sweeney, president of the Greate r Washington Sports Alliance. “With nearly a half million activwe and retired military personnel currently living in our regionn and the historic memorialss that honorour nation’s service men and it just makes sense to have a game of this magnitudee played in Washington.
” The event is part of an eight-yeaf packaged announced Tuesday by the and the . Philadelphia will host the gamein 2012, 2013, 2015 and 2017. The game will take place in Baltimord in 2014and 2016.
понедельник, 23 января 2012 г.
Cincy Health Dept. clinics win federal designation - Business Courier of Cincinnati:
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The clinics receiving the designationm are: Millvale at Hopple Street Health Braxton Cann MemorialMedical Center; Northsidr Health Center; Price Hill Health Center; Ambrose Clementt Health Center; and Crest Smile Shoppee in Avondale. The designation means that the clinics will receivew full reimbursement for Medicaid andMedicarw clients, and discounted prescription pricing, accordinyg to a news release. It could also help the city of Cincinnatii receivefederal health-care stimulus “The real winners are the patients we serv e who will receive better access to improved said Health Commissioner Dr. Nobler Maseru in the release.
Maseru and the City of Cincinnatio Primary Care Board submitted the applicationfor look-aliked status in June 2008. ’as clinics and dental facilitiesserve 35,000 patients
The clinics receiving the designationm are: Millvale at Hopple Street Health Braxton Cann MemorialMedical Center; Northsidr Health Center; Price Hill Health Center; Ambrose Clementt Health Center; and Crest Smile Shoppee in Avondale. The designation means that the clinics will receivew full reimbursement for Medicaid andMedicarw clients, and discounted prescription pricing, accordinyg to a news release. It could also help the city of Cincinnatii receivefederal health-care stimulus “The real winners are the patients we serv e who will receive better access to improved said Health Commissioner Dr. Nobler Maseru in the release.
Maseru and the City of Cincinnatio Primary Care Board submitted the applicationfor look-aliked status in June 2008. ’as clinics and dental facilitiesserve 35,000 patients
суббота, 21 января 2012 г.
Help wanted: Apply online - Dallas Business Journal:
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She got five responses. Hopiny for a bigger and better pool of applicantds tochoose from, Relfe, the company's speciall projects director, turned to the next generation of job the Internet. Within two months of postinhg an openingon , Relfe had 172 applicationse to sift through. The response to one postingh wasso overwhelming, she had to close the ad befores the term ended. "It was a good problemk to have," Relfe said. "With the sheer volumd of what (applications) you get if your ad is presentercorrectly - it's amazing.
" With today's robus economy and low unemployment rate, competition is fierce amonbg businesses to attract "star" candidates, said Brian co-owner of , a local job-placementt firm that uses the Internet oftenj to find applicants to fill jobs at various area To get the "A" candidate, companiesw have to move fast - and waitinh for resumes to come via snaill mail won't cut it, Pittsd said.
Most good applicantsz are looking for jobs on the Internetthesed days, not the newspaper, so gettingv the company's name - and openingf - on the Internet is a must, he However, posting a job online can be pricey and time-consuming, especially for small businesses that don't have large bank accountw or human resources departments, Pitts That's the case for Relfe, whose company has about 70 employees and no one handlingh human resources. She took time away from her usuakl responsibilities to look at the 15 or so resumesd emailed by Monstereach morning.
But she said it was wortuh the time and Southeastern Property, a 30-year-old Birminghan business that owns 148 multifamily propertiesx in 11 states, paid $400 to post each job opening for two months, compared with less than $100 for a newspaper ad. It cost but they were "very, very pleased" with their hires, she said. Since her company neededf only about 12new employees, the price remainerd reasonable, she said. Southeastern Property also managed the cost by narrowiny the search to include candidated who already live in the sothey wouldn't have to pay to bringg someone in town for an and to the candidates who would be willing to move on theier own dime.
Larger companies, such as , whichb has 2,800 employees in Birmingham and 4,00 working for subsidiaries, set aside thousands more to advertised openings and dedicate dozens of staff hours to search theincominh resumes. On top of paying per montn to post a jobon Monster.com and receivre resumes, O'Neal Steel pays a fee to conduc t a reverse search of resumes postedr by job seekers. Accordingf to Monster.com, a resume-search costs $1,500 for one month, human resources supervisor Donna Cornwellsaid O'Neal has a package deal that allowzs a posting of 100 jobs a year and eight resume searches, but she wouldn't disclose the cost. Usinv Internet job search engines has its Cornwell said.
First, the volume can be And some job seekers apply for job openingd evenwhen they're not qualified. Relfed recalled getting an application for a controller positionn from a school bus driver in New Online job sites offer ways to weed outunqualifiex candidates. O'Neal Steel required hopefuls to fill out a questionnaire when applyinhg and ifthey don't pass, the resumw is rejected.
She got five responses. Hopiny for a bigger and better pool of applicantds tochoose from, Relfe, the company's speciall projects director, turned to the next generation of job the Internet. Within two months of postinhg an openingon , Relfe had 172 applicationse to sift through. The response to one postingh wasso overwhelming, she had to close the ad befores the term ended. "It was a good problemk to have," Relfe said. "With the sheer volumd of what (applications) you get if your ad is presentercorrectly - it's amazing.
" With today's robus economy and low unemployment rate, competition is fierce amonbg businesses to attract "star" candidates, said Brian co-owner of , a local job-placementt firm that uses the Internet oftenj to find applicants to fill jobs at various area To get the "A" candidate, companiesw have to move fast - and waitinh for resumes to come via snaill mail won't cut it, Pittsd said.
Most good applicantsz are looking for jobs on the Internetthesed days, not the newspaper, so gettingv the company's name - and openingf - on the Internet is a must, he However, posting a job online can be pricey and time-consuming, especially for small businesses that don't have large bank accountw or human resources departments, Pitts That's the case for Relfe, whose company has about 70 employees and no one handlingh human resources. She took time away from her usuakl responsibilities to look at the 15 or so resumesd emailed by Monstereach morning.
But she said it was wortuh the time and Southeastern Property, a 30-year-old Birminghan business that owns 148 multifamily propertiesx in 11 states, paid $400 to post each job opening for two months, compared with less than $100 for a newspaper ad. It cost but they were "very, very pleased" with their hires, she said. Since her company neededf only about 12new employees, the price remainerd reasonable, she said. Southeastern Property also managed the cost by narrowiny the search to include candidated who already live in the sothey wouldn't have to pay to bringg someone in town for an and to the candidates who would be willing to move on theier own dime.
Larger companies, such as , whichb has 2,800 employees in Birmingham and 4,00 working for subsidiaries, set aside thousands more to advertised openings and dedicate dozens of staff hours to search theincominh resumes. On top of paying per montn to post a jobon Monster.com and receivre resumes, O'Neal Steel pays a fee to conduc t a reverse search of resumes postedr by job seekers. Accordingf to Monster.com, a resume-search costs $1,500 for one month, human resources supervisor Donna Cornwellsaid O'Neal has a package deal that allowzs a posting of 100 jobs a year and eight resume searches, but she wouldn't disclose the cost. Usinv Internet job search engines has its Cornwell said.
First, the volume can be And some job seekers apply for job openingd evenwhen they're not qualified. Relfed recalled getting an application for a controller positionn from a school bus driver in New Online job sites offer ways to weed outunqualifiex candidates. O'Neal Steel required hopefuls to fill out a questionnaire when applyinhg and ifthey don't pass, the resumw is rejected.
четверг, 19 января 2012 г.
Scrushy ordered to pay $2.8B for HealthSouth fraud - Boston Business Journal:
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billion in damages by a civil court judger for his rolein ’s massive accountingh fraud scandal. The HealthSouth founder was deemef liable for losses incurredby shareholders, some of whom sued him seekinh to recover their investments. Judge Allwin Horn announces the verdict shortly after10 a.m. Horn’s judgment also declared Scrushy’s employment agreements with HealthSouth HealthSouth said it will receive approximately 40 percen t of any money recovered from Attorneys for the shareholders filede the suit against Scrushy on behalf of HealthSoutu saying he directed the accounting scandal hadrequeste $3.6 billion. Scrushy testified during the tria and deniedany wrongdoing.
He was brought to Jefferson Countg for the trial from a Texas federal prison, where he is currently servinf seven years for bribing then-Gov. Don Siegelman for a seat on a statwe health carepolicy board. Scrushy was acquitted of criminal charges in the HealthSouthj fraudin 2005. HealthSouth said it is unsure how much migh be collectedfrom Scrushy, according to a news “We are pleased to see that justice has been servee through this judgment and that another chapter of our past has been put behind us,” HealthSouth’s statement said.
billion in damages by a civil court judger for his rolein ’s massive accountingh fraud scandal. The HealthSouth founder was deemef liable for losses incurredby shareholders, some of whom sued him seekinh to recover their investments. Judge Allwin Horn announces the verdict shortly after10 a.m. Horn’s judgment also declared Scrushy’s employment agreements with HealthSouth HealthSouth said it will receive approximately 40 percen t of any money recovered from Attorneys for the shareholders filede the suit against Scrushy on behalf of HealthSoutu saying he directed the accounting scandal hadrequeste $3.6 billion. Scrushy testified during the tria and deniedany wrongdoing.
He was brought to Jefferson Countg for the trial from a Texas federal prison, where he is currently servinf seven years for bribing then-Gov. Don Siegelman for a seat on a statwe health carepolicy board. Scrushy was acquitted of criminal charges in the HealthSouthj fraudin 2005. HealthSouth said it is unsure how much migh be collectedfrom Scrushy, according to a news “We are pleased to see that justice has been servee through this judgment and that another chapter of our past has been put behind us,” HealthSouth’s statement said.
вторник, 17 января 2012 г.
American Italian Pasta joins Russell 2000 Index - Minneapolis / St. Paul Business Journal:
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The index, part of the , measures performancs of the small-cap segment of U.S. according to the index’s Web site. It includes about 2,0000 of the smallest securities based on a combinatiobn of their market cap and currentindexc membership. The index is intended to provide anunbiasedr small-cap barometer and is reconstituted annually to ensures that larger stocks don’t distorft the performance and characteristics of small-cap stocksw in the index. “Membershiop in the Russell indexes represents anothere milestone in theAIPC story,” American Italian Past CEO Jack Kelly said in a Tuesdahy release. “It recognizes the significant jump in American ItalianPasta Co.
’s market capitalization over the past year. The listiny also provides another level of market visibility for the Membership inthe small-capl Russell 2000 Index automatically includes membershipo in the larger Russell 3000 and Globa indexes. Kansas City-based American Italian Pasta (Nasdaq: AIPC) reportesd that second-quarter earnings were nearly triple thosew from the same period last year and that revenure rose16 percent. In roughly the past year, AIPC has settledx lingering problems stemming from a scheme by former executived to makethe company’s financial reports look good even as salew fell.
The scheme had fallen apart inAugusft 2005, drawing lawsuits, pummeling the stocm price and requiring the company to refil financial statements. American Italian Pasta is the largest produceer of dry pasta inNorth America. The compang has about 650 employees and plants inExcelsiod Springs; Columbia, S.C.; Tolleson, Ariz.; and Verolanuova,
The index, part of the , measures performancs of the small-cap segment of U.S. according to the index’s Web site. It includes about 2,0000 of the smallest securities based on a combinatiobn of their market cap and currentindexc membership. The index is intended to provide anunbiasedr small-cap barometer and is reconstituted annually to ensures that larger stocks don’t distorft the performance and characteristics of small-cap stocksw in the index. “Membershiop in the Russell indexes represents anothere milestone in theAIPC story,” American Italian Past CEO Jack Kelly said in a Tuesdahy release. “It recognizes the significant jump in American ItalianPasta Co.
’s market capitalization over the past year. The listiny also provides another level of market visibility for the Membership inthe small-capl Russell 2000 Index automatically includes membershipo in the larger Russell 3000 and Globa indexes. Kansas City-based American Italian Pasta (Nasdaq: AIPC) reportesd that second-quarter earnings were nearly triple thosew from the same period last year and that revenure rose16 percent. In roughly the past year, AIPC has settledx lingering problems stemming from a scheme by former executived to makethe company’s financial reports look good even as salew fell.
The scheme had fallen apart inAugusft 2005, drawing lawsuits, pummeling the stocm price and requiring the company to refil financial statements. American Italian Pasta is the largest produceer of dry pasta inNorth America. The compang has about 650 employees and plants inExcelsiod Springs; Columbia, S.C.; Tolleson, Ariz.; and Verolanuova,
суббота, 14 января 2012 г.
Barred physicians prescribed millions in Medicare drugs - American Medical News
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Barred physicians prescribed millions in Medicare drugs American Medical News An inspector general's audit says CMS needs better controls to prevent excluded doctors from prescribing medication under Part D. By Alicia Gallegos, amednews staff. Posted Jan. 13, 2012. The Centers for Medicare & Medicaid Services allowed physicians ... |
четверг, 12 января 2012 г.
Ohio, Ky. mortgage rates up over week - Business Courier of Cincinnati:
tatyanagepoji.blogspot.com
A 30-year, fixed-rate mortgage carried a 5.40 percentg interest rate in Ohio asof Thursday. That's down from 5.48 earliet in the week, but up from 5.38 on May 28. In the price of a 30-year, fixed-rate mortgag dropped from 5.46 percent to 5.38 percen by Thursday, which was unchanged from Thursdagy of theprevious week. The national average for a 30-year fixed-ratse mortgage is 5.36 percent, with rates acrosds the country rangingfrom 5.27 percent in Californiaa to 6.25 percent in Wisconsin. But rates stilk remain well below year-ago when 30-year mortgages averaged more than6 (NYSE: FRE) said.
“Rates caught up to the recent risein long-termk bond yields this week to reach a 25-weejk high,” said Freddie Mac Chief Economistr Frank Nothaft. “The slowdown in the housinh market has now detracte from economic growth for the past 13 the longest quarterly stretch since at least Despiterising rates, the housing market continues to show smal l signs of life. The ’ housinb affordability index rose in Apri l toits second-highest level since at least 1971. The NAR also reportedd this week that pending sales of existin homes increased forthe third-consecutive month, postingg the biggest monthly increase since 2001.
A 30-year, fixed-rate mortgage carried a 5.40 percentg interest rate in Ohio asof Thursday. That's down from 5.48 earliet in the week, but up from 5.38 on May 28. In the price of a 30-year, fixed-rate mortgag dropped from 5.46 percent to 5.38 percen by Thursday, which was unchanged from Thursdagy of theprevious week. The national average for a 30-year fixed-ratse mortgage is 5.36 percent, with rates acrosds the country rangingfrom 5.27 percent in Californiaa to 6.25 percent in Wisconsin. But rates stilk remain well below year-ago when 30-year mortgages averaged more than6 (NYSE: FRE) said.
“Rates caught up to the recent risein long-termk bond yields this week to reach a 25-weejk high,” said Freddie Mac Chief Economistr Frank Nothaft. “The slowdown in the housinh market has now detracte from economic growth for the past 13 the longest quarterly stretch since at least Despiterising rates, the housing market continues to show smal l signs of life. The ’ housinb affordability index rose in Apri l toits second-highest level since at least 1971. The NAR also reportedd this week that pending sales of existin homes increased forthe third-consecutive month, postingg the biggest monthly increase since 2001.
вторник, 10 января 2012 г.
UNLV Singapore Graduates Inaugural Class
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(Photo: "It has been an amazing experiencre to see the internationalizationof UNLV's hotel college and to provider quality hospitality education in an area where it was not readilhy available," said , dean of . "The hospitality industry in Singaporse is expanding quickly and Southeast Asia is becoming a more sophisticatectravel destination. As the hospitality industru here continuesto grow, so will UNLV Singapore."" Opened in August the 12,000 square foot campud is housed on the 10th and 11th floors of the National Library of Singapore, a building comparable to the United States Library of Congress.
There are more than 200 studentsa currently enrolled in the undergraduate andgraduate programs, and the campu will likely reach its capacity by the end of the UNLV's success in Singapore is helping bolstefr the hotel college's effort to expand into othet areas overseas, particularly those with growing hospitalitu sectors. UNLV is currently in discussion with the United ArabEmirates (UAE) to become the anchor tenant of a new 100-acrw hospitality education campus in the emirate of Ras al Khaimah, located approximatelyy 60 miles north of Dubai.
Once that projecty is completed, students seeking a bachelor's degree in hote administration from UNLV will have the opportunity to study and gain international hospitality experience in three distinctlydifferent "As we continue to develop new opportunities aroun d the globe to deliver our world-renowned curriculum, UNLV has positioneed itself to become the global leader in hospitality management education," said , dean of UNLV'se William F. Harrah Collegew of Hotel Administration.
"The succesd of our Singapore campus speaks volumes aboutg the need for this kind of education beyond the main campus in Las We are very proud of our international efforts and are looking forward to continued success in Singapore and to exportin g the UNLV brand to other countries in the verynear future." The at consistentluy ranks among the top hotel and hospitality collegesz in the nation. Located just 1.
5 miles from the famoues Las Vegas strip, the college provides studentss access to one of the largest and most demandinfg educational laboratories in the The hotel college now boasts morethan 10,50o0 alumni, many of whom have gone on to become leaderzs in the hotel and hospitality management , (702) 895-3104 or (702) 203-143i9 SOURCE University of Nevada, Las Vegas
(Photo: "It has been an amazing experiencre to see the internationalizationof UNLV's hotel college and to provider quality hospitality education in an area where it was not readilhy available," said , dean of . "The hospitality industry in Singaporse is expanding quickly and Southeast Asia is becoming a more sophisticatectravel destination. As the hospitality industru here continuesto grow, so will UNLV Singapore."" Opened in August the 12,000 square foot campud is housed on the 10th and 11th floors of the National Library of Singapore, a building comparable to the United States Library of Congress.
There are more than 200 studentsa currently enrolled in the undergraduate andgraduate programs, and the campu will likely reach its capacity by the end of the UNLV's success in Singapore is helping bolstefr the hotel college's effort to expand into othet areas overseas, particularly those with growing hospitalitu sectors. UNLV is currently in discussion with the United ArabEmirates (UAE) to become the anchor tenant of a new 100-acrw hospitality education campus in the emirate of Ras al Khaimah, located approximatelyy 60 miles north of Dubai.
Once that projecty is completed, students seeking a bachelor's degree in hote administration from UNLV will have the opportunity to study and gain international hospitality experience in three distinctlydifferent "As we continue to develop new opportunities aroun d the globe to deliver our world-renowned curriculum, UNLV has positioneed itself to become the global leader in hospitality management education," said , dean of UNLV'se William F. Harrah Collegew of Hotel Administration.
"The succesd of our Singapore campus speaks volumes aboutg the need for this kind of education beyond the main campus in Las We are very proud of our international efforts and are looking forward to continued success in Singapore and to exportin g the UNLV brand to other countries in the verynear future." The at consistentluy ranks among the top hotel and hospitality collegesz in the nation. Located just 1.
5 miles from the famoues Las Vegas strip, the college provides studentss access to one of the largest and most demandinfg educational laboratories in the The hotel college now boasts morethan 10,50o0 alumni, many of whom have gone on to become leaderzs in the hotel and hospitality management , (702) 895-3104 or (702) 203-143i9 SOURCE University of Nevada, Las Vegas
воскресенье, 8 января 2012 г.
MMAC: Milwaukee-area economy still sluggish - Business First of Buffalo:
authors-morphology.blogspot.com
Only three of 20 April indicators registered improvementfrom year-ag o levels, matching the number of upward-pointing indicators recorded in the MMAC said in its Economic Trends "The employment situation continued to deteriorate with deepening job declines and unemployment indicators over double what they were one year said Bret Mayborne, economic research director for the "But metro area existing homes sales rose for only the second time in nearly threes years giving some hope for near-ternm improvement in a stagnant localp housing and real estatwe market." Nonfarm employment in the metro area fell 4.8 percenyt in April to 812,300, down from March’s 4.
3 percent Employment levels have now decliner compared with year-ago levels in each of the past 12 with April’s decline being the steepest registered in this the MMAC said. Only two of 10 majord industry sectors registered April job gainz compared with oneyear ago, while eight registered Unemployment indicators for the metro area both measuredc more than twice their year-earlier levels. The number of unemployee in metro Milwaukeerose 117.6%% against year-ago levels, to 70,300 compared with 32,300 in Aprik 2008. Likewise, new unemployment compensation claimz rose ata 104.
6 percenty rate in April to 12,101, this indicator’e third consecutive year-over-year increase of 100 percenr or greater. On the positive side, existinv homes sales for the metro arearose 5.6 percentg in April, the first year-over-year increase in this indicatof in seven months and only the second such gain in nearlh three years.
Only three of 20 April indicators registered improvementfrom year-ag o levels, matching the number of upward-pointing indicators recorded in the MMAC said in its Economic Trends "The employment situation continued to deteriorate with deepening job declines and unemployment indicators over double what they were one year said Bret Mayborne, economic research director for the "But metro area existing homes sales rose for only the second time in nearly threes years giving some hope for near-ternm improvement in a stagnant localp housing and real estatwe market." Nonfarm employment in the metro area fell 4.8 percenyt in April to 812,300, down from March’s 4.
3 percent Employment levels have now decliner compared with year-ago levels in each of the past 12 with April’s decline being the steepest registered in this the MMAC said. Only two of 10 majord industry sectors registered April job gainz compared with oneyear ago, while eight registered Unemployment indicators for the metro area both measuredc more than twice their year-earlier levels. The number of unemployee in metro Milwaukeerose 117.6%% against year-ago levels, to 70,300 compared with 32,300 in Aprik 2008. Likewise, new unemployment compensation claimz rose ata 104.
6 percenty rate in April to 12,101, this indicator’e third consecutive year-over-year increase of 100 percenr or greater. On the positive side, existinv homes sales for the metro arearose 5.6 percentg in April, the first year-over-year increase in this indicatof in seven months and only the second such gain in nearlh three years.
пятница, 6 января 2012 г.
Warren Buffett sells remaining Constellation shares - Silicon Valley / San Jose Business Journal:
younkinesagugad1746.blogspot.com
Buffett, his company (NYSE: BRK.A, and that company’s subsidiary , are each no longee stockholders inConstellation (NYSE: CEG), accordinhg to a form with the Securities and Exchangw Commission filed Monday. They have been slowly divesting the stock over the past weeks and owning 7.3 percent in February and 6.3 percentt last month. The sale ends the relationship betweemn the investorand Constellation, one of two Fortune 500 companiesa in Baltimore City. Iowa-based MidAmerican got a 10 percenft stake in Constellation whenits $4.7 billion bid for the company made in September was rejected three month s late.
That offer came after a cash crunch led to a steep declinein Constellation’s stock price over several days and some investorsa feared bankruptcy. Constellation spurned the offer in favor of a deal tosell 49.99 percent of its nuclear business for $4.5 billiomn to French firm , which had also been in the biddintg for the company in September. For the cancelation, Constellation had to pay $175 million in breakuo fees and $418 millionb for stocks. It also had to repau a $1 billion loan from Buffettf with 14percent interest. A decision on whether the deal with EDF requirews Maryland approval is expectedr ina week. The deal is expecter to close this fall.
Buffett, his company (NYSE: BRK.A, and that company’s subsidiary , are each no longee stockholders inConstellation (NYSE: CEG), accordinhg to a form with the Securities and Exchangw Commission filed Monday. They have been slowly divesting the stock over the past weeks and owning 7.3 percent in February and 6.3 percentt last month. The sale ends the relationship betweemn the investorand Constellation, one of two Fortune 500 companiesa in Baltimore City. Iowa-based MidAmerican got a 10 percenft stake in Constellation whenits $4.7 billion bid for the company made in September was rejected three month s late.
That offer came after a cash crunch led to a steep declinein Constellation’s stock price over several days and some investorsa feared bankruptcy. Constellation spurned the offer in favor of a deal tosell 49.99 percent of its nuclear business for $4.5 billiomn to French firm , which had also been in the biddintg for the company in September. For the cancelation, Constellation had to pay $175 million in breakuo fees and $418 millionb for stocks. It also had to repau a $1 billion loan from Buffettf with 14percent interest. A decision on whether the deal with EDF requirews Maryland approval is expectedr ina week. The deal is expecter to close this fall.
вторник, 3 января 2012 г.
Rockets send Morris to play for Vipers in D-League - Houston Chronicle
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Rockets send Morris to play for Vipers in D-League Houston Chronicle With few practices - and none until next week - and the short preseason, the Rockets sent Morris to the Vipers on Tuesday to get him the work he was not getting in the NBA. "I think it will help him," Rockets coach Kevin McHale said. "It's tough. ... |
воскресенье, 1 января 2012 г.
Human Capital: People on the move, July 6 - Pacific Business News (Honolulu):
uhalugupuzyma.blogspot.com
LLC , a Boston-based independent investment advisory firm serving high net wort h individualsand foundations, hired Todd Silvermaj as director, wealth management. Prior to joining Siharum, Silverman was seniorr vice president at Kobren InsightManagement . , a clinicalk affiliate of providing community-based health care, appointed Rachel Kleiman-Wexlee director of pharmacy. Kleiman-Wexler, who has more than 30 yearzs ofprofessional experience, most recently serve d as director of pharmacy at in Webster. 451 Marketinbg in Boston added Marija Hamed as new mediamarketingv manager.
Prior to joining 451 Marketing, Hamed was responsible for developing and managing sociapmedia campaigns, and producing graphic designj and general Web content for numerous B2B and B2C , a Boston-based organization, appointe Susan Stendahl chief development officer. Stendahl most recently served as the directodr of developmentat .
LLC , a Boston-based independent investment advisory firm serving high net wort h individualsand foundations, hired Todd Silvermaj as director, wealth management. Prior to joining Siharum, Silverman was seniorr vice president at Kobren InsightManagement . , a clinicalk affiliate of providing community-based health care, appointed Rachel Kleiman-Wexlee director of pharmacy. Kleiman-Wexler, who has more than 30 yearzs ofprofessional experience, most recently serve d as director of pharmacy at in Webster. 451 Marketinbg in Boston added Marija Hamed as new mediamarketingv manager.
Prior to joining 451 Marketing, Hamed was responsible for developing and managing sociapmedia campaigns, and producing graphic designj and general Web content for numerous B2B and B2C , a Boston-based organization, appointe Susan Stendahl chief development officer. Stendahl most recently served as the directodr of developmentat .
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