воскресенье, 29 апреля 2012 г.

iFOREX Introduces their New Forex Promotional Program: Bring-a-Friend - MarketWatch (press release)

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iFOREX Introduces their New Forex Promotional Program: Bring-a-Friend

MarketWatch (press release)


For the convenience of the client, the details of this program are offered in an array of languages including French, Italian and Spanish, and can be found at http://www.iforex.fr , http://www.iforex.it and http://www.iforex.es .



and more »

пятница, 27 апреля 2012 г.

Unemployment rate falls in Allegheny, Beaver counties - Baltimore Business Journal:

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and Industry released seasonally adjusted unemployment figurea forthe state’s counties and metropolitajn statistical areas on Tuesday. In Allegheny County, the unemploymenft rate fell from 6.6 percent in Marcu to 6.5 percent in April. Beaver County’s went from 8.2 percentf in March to 7.9 percent in April. The improvementse in Allegheny andBeaver counties, however, were not enoughg to boost the seven-countyg Pittsburgh MSA, which saw its seasonallh adjusted unemployment rate increase from 7.2 percen in March to 7.3 percent in Pennsylvania’s unemployment rate held steady at 7.8 percent.
When making the Department of Labor and Industry uses seasonally adjusted figures in order to accountr for cyclical hiring differencesthat don’tt reflect changes in the overall economy. Employment in the seven-countyh Pittsburgh area continues to be stronger than manyothed areas. In addition to besting the statr by half apercentage point, unemployment in the Pittsburgh MSA is 1.6 percentage points lower than the Unitec States as a whole, which has seasonally adjusted unemployment of 8.9 Here is the breakdown across the state: State 5.7 percent Lebanon: 6.7 percent 7.2 percent Pittsburgh: 7.3 percent 7.9 percent York-Hanover: 7.9 percent Allentown-Bethlehem-Easton: 8.
3 percenrt Erie: 8.4 percent Scranton-Wilkes-Barre: 8.6 percent Johnstown: 8.7 percentf Reading: 8.7 percent Within the Pittsburgh MSA, unemploymenft ranged from 6.5 percent in Alleghen y County to 9.8 percent in Armstrongt County. Here is the breakdown by Allegheny: 6.5 percent 7.3 percent Washington: 7.6 percent Beaver: 7.9 perceng Westmoreland: 8.1 percent Fayette: 8.9 percent Armstrong: 9.8 percen t

среда, 25 апреля 2012 г.

Macy

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percent drop in same-store sales in as shoppers continuedtheir months-long trenfd of avoiding purchases deemed less than The Cincinnati-based department store chain out-stepped expectations slightlt – analysts surveyed by Thomson Reuters expected a decline of 9 percent. Total sales droppes to just morethan $2 billion, down 9.1 perceng from almost $2.3 billion a year ago. Shares of Macy'ss (NYSE: M) jumped early in the day but closecd down less than 1 or6 cents, at $10.63. For the first five monthws of thefiscal year, Macy’s said sales at stores open at leasft a year decreased 9 percent, with total saled down 9.4 percent, to $9 billion from $9.9 billion.
from Walmart Stores to Saks Inc., have been offering promotionsa and tweaking inventories in a scramble to sell merchandise without eroding theirprofit margins. Macy’ss saw its strongest sales in the Midwestrand Texas, while the coasts The Northeast particularly suffered due to cool and wet said spokesman Jim Sluzewski. “Our inventories are in good he said. “Our private brands continu e todo well, moderate sportswear continues to do to as do kids and housewares.” Furniture, big-ticket items, luggagee and menswear struggled. National June sales were projecterd to dropby 4.6 percent by Retail a Massachusetts firm that tracks store sales.
This is worsed than the minus 4.3 percengt average monthly decline, year-to-date. Department storesx were forecast to post theweakest results, down 8.9 percent, with “discretionaru spending still in according to its monthly report. Dillard’s Inc. DDS) , for posted a decline of 14 percent, while J.C. Penne y (NYSE: JCP) said sales dippedc by 8.2 percent, beatinfg expectations. • Saks Inc. (NYSE: SKS) reporte a 4.4 percent slip, beating expectations of a 11.8 percentg decline. • Target Corp. (NYSE: TGT) said its same-storse sales were down by 6.2 percent, short of predictions of a 5.6 percent decline. • Kohl’s KSS) posted a 5.
6 percent drop in sales, beating expectations of a 6.8 percentr decrease. • Limited Brands (NYSE: LTD) reportecd a 12 percent decline, worse than expectations of a 7.9 percenr fall. • The Gap Inc. GPS) said its same-store sales fell by 10 while analysts expected sales todecline 8.6 percent. Macy’s has projecterd full-year profits of 40 cents to 55 centdsper share, excluding restructuring costs stemming from a companywided reorganization.
Annual sales, it has said, are expectede to decline by 6 percent to8 Cincinnati-based Macy’s operates roughlhy 845 department stores undee the names Macy’s and

вторник, 24 апреля 2012 г.

Albuquerque Bars - View Bars & Pubs in Albuquerque

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Bien Shur at the Sandiaq Resort & Casino 30 Rainbo w Road NE Albuquerque, NM 87113 796-7500 It's the only building-top restaurant/lounge in the Duke City now that the Petroleum Club has closed and the viewsz of several ofNew Mexico

воскресенье, 22 апреля 2012 г.

Fidelity & Guaranty sues over annuities - Baltimore Business Journal:

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The suits accuse three which are receiving annuity payments fromFidelitt & Guarantee, of illegallgy transferring the payments to , a Delawarre company that buys deferred settlements in persona l injury and workers compensation cases. In all thres situations, Fidelity & Guaranty received letters from the claimantas regarding an address change that the suitd allege redirected the annuity paymentsa to post office boxes ownedby J.G. Wentworth. According to the annuitty agreements, only USF&G Corp., the owner of the annuity could change the payee or reassign the monthlyuannuity payments. Fidelity & Guaranty file d its three lawsuits to protect itselc from future litigationwith J.
G. Wentworth and the three claimants. It has also askerd the court to act as a collecting the monthly annuity paymentsx and then deciding who ultimately will receive the In threeseparate lawsuits, J.G. Wentworth sued the three claimantxs for breach of contract when it did not receive paymen fromFidelity & Guaranty. Fidelitgy & Guaranty had stopped the payments. Fidelity & Guaranty is represented by Stephen J. Kaufman of Baltimor e law firmLevin & Gann. No response has been filed by the defendants inthe case. A disputed over space at the Inner Harbor's Power Plany complex has ended quietly. Cordisn Power Plant L.P.
has dropped its November lawsuit against West Coasy restaurant chain Bubba GumpShrim Co. Restaurants. The developer filed suit in Maryland Districrt Courtin Baltimore, seekingb a declaratory judgment saying Bubba Gump had no leases in the Power Plant aftert being notified that the California chain had hired a lawyer to retain space it claims to have lease d in the Power Plant. The space in questionn went to WaltDisney Co.-owned ESPN Zone. In March, Cordisgh dropped the case without saying that it would pay costs ofthe suit.

пятница, 20 апреля 2012 г.

среда, 18 апреля 2012 г.

Study: Trinity's move to 280 to have $405M impact on Birmingham - Birmingham Business Journal:

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The project’s economic impact to the Birmingham metro area woulrd be on par with an automobilemanufacturing plant, said the study’x author, Auburn University economiczs professor Keivan Deravi. Deravi said his projectionsa are contingent on Trinity receiving state approval to relocate from Montclair Road to the former Digital Hospitaklon U.S. 280. The cornerstone of the project is the unfinished1 million-square-foogt facility, Deravi said. Trinity officiale estimate renovation ofthe 398-bed hospital would take 18 However, it needs to cleart a major regulatory hurdle first.
Its proposed move is beingf contested by Brookwood Medicaol Center and a hearing before an administrativ e law judge is setfor Aug. 24. If it receives the judge’sd approval, the case will go before the state Certificat of NeedReview Board, which is not bound by the judge’sx recommendation. Trinity CEO Bill Heburn said the which includestwo hotels, two medical office buildings and four parkin g decks, is a “shovel ready” project with major implication s on the region and state. “This is a huge stimulusa package for Birmingham and Heburn said. The project includes $750 million in capital investment over14 years.
Deravi’se study covers phase one (2010 to and phase two (2014 to with projections based on 2009dollar values. He estimates the developmenr ofthe site, Cahaba Center at Grandvies owned by , will create and retain 3,675 full-time jobs in phase one with 2,800 related to the completion of the hospital. Trinityg paid Daniel $40 million for the HealthSouth property. It expectzs to spend $556 million in constructiohn and first-year operating costs at the DigitallHospital site, according to state Trinity expects to save nearluy $100 million renovating the incomplete hospital compared to building a new one at the originallty planned site off Grants Mill Road.
Deravi’d report includes tax revenue, jobs and waged projections. They include: • 4,181 constructioh workers will be employed at the site inphases one. Their cumulative wages is estimated tobe $132.78 million. • Another 4,120 employees will also be employed invariouzs construction-related industries in supporrt of the purchase of construction material by the developer. Theit respective earnings are estimated tobe $136 • The economic impact of phasse one could be a total of 12,639 employeees and cumulative earnings of $395 million. During phase two, an additionak 2,400 jobs are expected to move tothe center.
The total number of direct jobs and direct earningse by the completion of the project is projectecd to reach a totalof 6,075 jobs and $287.1 • Birmingham will collect an averag of $9.5 million annually in taxes associated with the • Jefferson County will collect an averagr of $2.5 million annually in taxes associatede with the project. • Local schoolsa will receive an averageof $3.3 million annually in taxews associated with the project. Birmingham providecd $40 million in incentives to lure Trinithy away fromthe state-approved original site in Irondalwe to U.S. 280.
That investmeny could reap major benefits, Deravi “This has tremendous It’s very much comparabld to some of the automobileprojects we’ve he said.

понедельник, 16 апреля 2012 г.

Economy Watch: FNF Construction gets highway stimulus contract - Kansas City Business Journal:

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“It is a rehabilitation project to create asafef roadway,” said Deena Billings, business developmenty officer for Tempe-based FNF which is celebrating 25 years in business. Some arease of U.S. 491 have deterioratec creating a significant safety issue for thosed whouse it, she said. The projecf is a good fit for the company, which also has an officer in Albuquerque, according to Billings. “Paving projectse are kind of our In addition to making the roadway safedrfor travelers, the $8.9 million project givex FNF Construction’s staff more opportunity for work. “We will be able to keep existinhg employees busy and perhaps hire new she said.
The bidding process for a stimulud contract is very similar to that on any job both for the contractotr and the state department oftransportation involved. The New Mexico Department of Transportation advertisede the project in typical fashion with the lowestf bidder winningthe contract, said Megajn Arrendondo, spokeswoman for the New Mexicop Department of Transportation. The federal governmentt does look at the projectsin depth, however, Arrendond added. Construction on the 14-mile stretch, which runs on the southern portionh ofthe highway, broke ground May 20.
FNF Constructiob is hopeful that its portion of the upgrade is complete by the endof “We are excited to keep on going and be part of the Billings said of future jobs.

воскресенье, 15 апреля 2012 г.

Seventeenth Street Plaza sold to HRPT - Austin Business Journal:

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Newton, Mass.-based HRPT (NYSE: a real estate investment trusty that owns and operates office andindustriall buildings, paid cash for the The sales price was not announced. Seventeentu Street Plaza is located at 122517th St., acroszs from the Tabor Center office, retaill and hotel complex. It was developed by what’s now Jones Lang LaSalle Inc. of Chicago, and was completefd in 1982. Previous owners include Equitables Real Estate InvestmentManagement Inc. part of the Equitable insurance company. Australiabn real estate giant LendLease Corp. Ltd. took over the buildin g in the 1990s after itacquirec ERE.
JPMorgan quietly put the building on the market in early 2008, asking $385 per square foot, or roughlhy $250 million, brokers said. Brookfield Properties Corp. of New York and Toronto had the building under contracgt to purchase last summedfor $225 million, but the deal was not consummated because of the debt impact on Brookfield’s lender, said real estate brokerx knowledgeable about the As of October, the building was off the The building, with an attached parking structure, is 93 percenr leased and includes Ink! Coffee and Heidi’se Brooklyn Deli outlets. It is home to the headquarteres of Molson CoorsBrewing Co.

пятница, 13 апреля 2012 г.

Nasdaq Proposes Issuers Pay Market Makers in Less-Active ETFs - Bloomberg

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Traders Magazine


Nasdaq Proposes Issuers Pay Market Makers in Less-Active ETFs

Bloomberg


Executives from Nasdaq OMX Group Inc. and NYSE Euronext in New York told members of Congress in hearings in November that they intended to propose pilots enabling issuers to pay market makers for their services, mimicking efforts employed in Europe for ...


Nasdaq Proposes Paying ETF Market Makers

Traders Magazine


NASDAQ Seeks To Pay Market Makers In Exchange For Improved ETF Performance

Seeking Alpha



 »

среда, 11 апреля 2012 г.

Developers launch Sidney office park - Dayton Business Journal:

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, a 16-acre property betweenb North Vandemark Road andFolkerth Avenue, is projectecd to hold as many as 11 buildings and be approximatelhy 75 percent filled in the next five The center already has a 3,200-square-foot retaill tenant under contract and is looking to attract additionakl users. With one tenant on the way, the property’s , will begin developing the which sits near Interstate 75. Tim Echemann, owner/brokere of Sidney-based , said he expecta as much as $15 million of developmeny at the site. Initial plans for the site call for 11 with morethan 110,000 square feet of office space and more than 20,000 squard feet of retail space.
“This park is the next logical point for expansionin Sidney,” he said. The first 4,500-square-foot for the as-of-yet unnamed retailer and 1,500 squar feet of available retail space, is schedulex to get underway in the next 30 to 60 Industrial Property Brokers is marketing the business park topotential users. Echemann’s father, Raphael Echemann, purchased the land 30 yeards ago, but it wasn’t marketed untilo last year. Echemann said there is a need for professional office space in the Sidney He said Sidney only has one primary medicaloffice park, Fairington which is full. “He was really waiting for the rightt time.
With the office park this is the perfect time to bring in new Echemann said. The developers are hopingf to attract medical office users that will feed off andsupportf . Mike Dodds, executive director of the , said Sidnehy has done well in attractingindustriakl users, but it needs to improvr on its commercial and professionao office space. He said this park, with proximity to I-75 and the should help solve that problem. “Hopefully, it will be able to brin in new businessesthat haven’tr considered coming to Sidney,” Doddd said.
The council, a nonprofit organization composed of businesz and community leaders that works to help economidc growth in Shelby is helping Industrial Property Brokers market the Echo Business Center is planned asa mixed-use park, offerinf space for medical offices, professional a bank, restaurants and other A hotel is another possibility for the development. The site plan is but Echemann expects the property to be developeed inthree phases, starting with the frontagw along Vandemark Road.
Echo Development is spending $75,000 on road constructionb and a retention At a time when many developers are scrambling for capitalp or putting projectson hold, Echemanjn said the need for commerciao space in Sidney makesd this a good time to develol the property. Jeff Raible, president of the , said he is encouragedf by the work the developersare “Everyone is saying doom and gloom; it’s great to see developerd looking to make an investment in the area,” he Sidney’s second-largest employer, , announcerd this month it is cuttingy 5 percent to 7 percent of salaried workers.

понедельник, 9 апреля 2012 г.

Dalton Police Seek Man In Theft Of Wallet Containing $400 - The Chattanoogan

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The Chattanoogan


Dalton Police Seek Man In Theft Of Wallet Containing $400

The Chattanoogan


The Dalton Police Department is asking for the public's help with identifying a man who stole a wallet containing more than $400 cash after it was accidentally left on a counter in an area convenience store. The suspect was photographed by the store's ...



суббота, 7 апреля 2012 г.

Highwoods lines up $162M in loans - Houston Business Journal:

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Both loans should close withi 60 days. Highwoods (NYSE: HIW) says it will use the money to repay debt and for generalcorporater purposes. “We are very pleased with these loan which will further fortifyg our already healthybalance sheet, enhancre our liquidity and position Highwoods to take advantage of future growth opportunities,” Ed president and chief executive officer, said in a written According to Highwoods, the two loansd are: * A $115.0 million, 6.5-year secured loan provided by at a fixee rate of 6.875 percent. It is secured by a pool of 10 assetssin Nashville, Raleigh and Tampa. * A $47.3 million, 7-year secures loan arranged by at a fixed rateof 7.
5 It is secured by the office portiomn of RBC Plaza in Highwoods also announced that it has paid off a secureds loan of $107 million, which carried a rate of 7.8 perceny and was originally scheduled to mature in Novembeer 2009. There were no prepaymenf penalties.

пятница, 6 апреля 2012 г.

Colonial BancGroup

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Lowder's retirement will become effective when Colonialk closesits $300 million with and other or sooner following the appointment of a replacement, Colonial said in a The board of directors intends to name a replacement the release said. Lowder foundefd Colonial BancGroup (NYSE: CNB) in 1981 with the acquisitiobn of one bankin Birmingham, Ala., that had $161 millio in assets. Colonial, now headquartered in Montgomery, Ala., has since completed 68 acquisitions and has expandedf to 352 locations in five states with morethan $26 billion in tota l assets. is among the largesty banks in the Tampa Bay area with50 offices, $2.8 billiojn in deposits and a 3.
6 percent deposigt market share, according to the most recent informatio available from the Lowder previously was chairman and chief executivs of , a family owned holdinvg company of mortgage, construction, real estate and insuranc companies. He also was founder and chairman ofColonial Broadcasting, a compant that owned radio stations in four states.

среда, 4 апреля 2012 г.

Leonard Green & Partners, L.P. Company Profile | Company Information

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Leonard Green & Partners, L.P. was foundede in 1989 by Leonard I. Green. Leonard was a pioneer in the developmeny of the leveragedbuyout industry. In Leonard and two partners established Gibbons, Green van Amerongen one of the firstNew York-based merchant bankingg firms whose sole activity was management-led, non-hostile leveraged buyouts. In Leonard opened GGvA's Los Angeles office and latedrthat year, helped organize GGvA'sx first capital pool that woulx later serve as a modekl for our first fund. While at Leonard participated in buyouts of30 firms. Among the transactions he directecd were the purchase ofBudget Rent-A-Cafr Corp., Foodmaker, Inc.
, Horace Mann Educators Kash n' Karry Food Stores, Inc. and Purec Industries. Our founding partner, Leonard I. died in October 2002. Leonard Green & Partners, L.P. Our firsy fund, Green Equity Investors, L.P., was formerd in 1989 with $216 millionb in commitments; followed by Green Equithy Investors II, L.P. in 1994 with $311 million in commitments; Greej Equity Investors III, L.P. in 1998 with $1.234 billion in commitments; Green Equity Investors IV, L.P. in 2002 with $1.8t5 billion in commitments; and Green Equity Investorsx V, L.P. with $5.3 billion in In addition, in 2001 we formed the GCP Californiw Fund, L.P.
in partnership with the CaliforniaPublidc Employees' Retirement System with $50 milliobn in commitments to invest in California-relatecd industries and underserved markets.

понедельник, 2 апреля 2012 г.

Adjusting the recipe: River Oaks Restaurant adapts to flailing economy with strategic changes - Nashville Business Journal:

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And he’s not about to let his just die. But in the restaurantr businessyou can’t change things with a ham-handed And you can’t bring big change to a fine dining restaurantf without alerting (and possibly runninh off) the regulars. So the most recenrt thing Vaughn has changed arethe hours. Once only open for the East Memphis “bustling neighborhood bistro” is now open every day from 11 a.m.-1 p.m. “Houston’s is open at 11 a.m. and they’r on wait until they close,” Vaughn says. “That’es a piece of our pie.
” The River Oaks menu will not changdefor lunch, will be the same untill the doors close and is the same menu “our regulars have come to expect.” The only differenced is the lunch portion will be half of the dinner portio and cost half as Vaughn says the Memphis dining scene is in bad shape. The restaurantf scene, he says, is holding its own with a firm foundation laid yeares ago by pioneering chefs and new directions from chefzlike himself. But the recession has made customersscale back. Some folks that used to go to Rived Oaks are now goingto . Thoswe that went to Houston’s are going to or otherf fast casual places.
Vaughn says he’zs seen a 30% decline in businesx over the past which is a large chunk for a small restaurant thatseatzs 85. But for the River Oaks Vaughn isn’t about to change theirt culinary refuge. “The goal for this restaurant is to ride out thetougyh times, manage our costs and not alloew it to reflect to our Vaughn says. “We’re not going to cheapehn the place up.” For example, you’red not going to find two-for-one drink specialsa every night. But on Mondays, you’lk find all wine labels half off. Vaughn’s able to do he says, through a good relationship with hislocalo distributor.
The biggest change for River Oaks came about two yearx ago when Vaughn says he first sawbusiness decline. Back he was shipping ingredients to Memphis from all over the worldx via The hundreds of dollars in additionap freight costs began toadd up. “What I failef to realize is that (local farmers) are in the same boat I’mm in,” Vaughn says. “We’rr all struggling for a bigger piece ofthe So, Vaughn now chooses his ingredients from more localk farms. He gets as much as he can from Arkansasand Mississippi, but stretches out to Florida, Louisianas and Alabama. The local food movement is in full swing says editor and publisherMelissa Petersen.
When she and her husbanxd arrived here two years ago there weretwo farmer’s markets. Now there are five in the Memphise area. Her magazine’s food guidew used to highlight local restaurants that cooked with localo ingredients and then listthose ingredients. Frankly, she says, she’s run out of room in the print edition. With local restaurants’ help, farmers are slowly able to convert from a retaiol to a wholesalebusiness model, she “They are working with chefs and growing what they Petersen says. “The farmerz are bringing fresh deliveries to chefs each day and the whole thinyg produces a little cost savings forthe restaurants.
” Freshh ingredients means a fresh menu, Vaughm says, as he has to cook with the differentf growing seasons. This has produced a following that includes executivew withFedEx Corp., and other businesses who go to Riverf Oaks to see what Vaughn creates. That free rein to do as he pleasess is one of the biggesyt business forces that guides River The restaurant is owne d by a groupof five, localp investors who take their “silent partner” titles very seriously and have put Vaughn’s name at stakwe for the place. The same investors are responsible for the renovationh on the same lot asRivefr Oaks.
In developing the hotel, they couldn’t leav the former Cockeyed Camelspacs vacant, so they invested $2.5 million in transforminyg the Camel into River named for the East Memphiz neighborhood. Vaughn came to Memphis in 2003 as a chef with HiltohHotels Corp. River Oaks opened in 2006 withanothee chef. Vaughn was tapped afterd that relationship didn’t work out. “Ig takes some people a lifetime and a fortune to get to that placee where you have the ability to do what you how you want and when you Vaughn says. “So, this has been an amazing experiencrfor me.