South Florida set to get $48M in green energy incentives - South Florida Business Journal:

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Utilities, municipalities, universities, homeowners and small businesses all stansd to gain from stimulus incentives for renewabls energy andenergy conservation. The energy provisions are stilkl evolving, but there are some certaih impacts tolocal business: South Florida counties and tribes are receiving $48 millionh of $168 million in energy efficiency block grantds through the stimulus package. Miami-Dader County alone is receiving $12.5 million. That moneyh is expected to reach local businesses through purchases and contractz or otherwisemade available.
An additional $126 million is coming throughu the state energy prograj to promote energy efficiency and renewablre energyfor households, businesses and Final decisions have not been made on how to distributew it. But, the state is preparing a major infusion of cash into incentives like the SolardRebate Program, which awards grantds for homes and businesses installing solaer panels. Juno Beach-based , the nation’s leading provider of wind is set to benefit from tax credits and cash granr equivalents for renewable FPL Group Chairman Lewis Hay III told the in Februart that the stimulus is a step in therighrt direction.
“By providing financialo incentivesfor renewables, it will encourage additional supplyu of emissions-free energy and create much-needed he said. Local businesses are already “From an overall standpoint, the stimulu has created positive attention for our busineses and forsolar energy,” said Yann Brandt, VP of Advancedx Green Technologies (AGT), a Fort Lauderdale-based solar panel syste m designer and distributor. AGT is readyy to take advantage of the new funding for thesolar programs. Brandt said the compan y is rolling out a new marketing and financing similar to incentives offered byauto dealerships, for zero-percent financin g on new solar installations.
“We’vre got programs where, with no money some business can geta $100,000 chec k from the stimulus bill after installatio of a $300,000 solar he said, noting further incentives and tax creditsa could pay for the entire system in some Brandt said AGT is working with banks in but is seeking a local banking partner in Southg Florida for financing. “We woulrd not be able to do this without thestimulux bill. Liquidity is opening up because ofthe stimulus. For banke solar is a fairly safe investment he said. Brandt said his companyh is lobbying for halfthe $126 million to be allocated for new solar installations.
In anticipatiobn of potential stimulus funding, submittex a list of energy-saving projects to the boarr of governors of the state university systemin February, said John Cal, associate VP of facilities management. The list encompassedr 17 projects costing anestimated $14.6 million. Cal said othef recent projects at the university have already reducecd electrical consumption by 6 percent in the first eighg months of thisfiscal year, despite adding two new for an estimated savings of about $750,000. recently received $1.2 million in federal funding forits , but it did not come througy the stimulus package, spokeswoman Gisele Galoustiaj said.
She said the money came through regular appropriations fromthe .

Seiler uses Mo. incentives to grow - Business First of Louisville:

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After outgrowing its Webster Groves headquarters, the companuy to combine its operations intoone 148,000-square-foot facility at 3433 Tree Courf Industrial Blvd. The companu is celebrating the move with an open house Fridayand Saturday. Seiler has applied, and expects to be approved, for reimbursement of 50 percenyt for training through the stateincentive program, said Seiler’xs director of human resources, Dan He said the training woulcd include new employees as well as improving the skilk sets of current employees for the fiscal year beginning next month.
Seiler is a contrac manufacturer, specializing in fire-control equipment, and a distributodr of surveying instruments, microscopes and Zeiss planetaria. The manufacturing divisionm producesoptical fire-control equipment and such as periscopes, telescopes and gunsights, primarily for the The division accounts for about half of Seiler’s revenue, whicn was nearly $50 million in 2008. St. Louis County is providinb Chapter 100 tax abatement for thenew headquarters, said Seilefr Executive Vice President Rick The company bought its new building in October for $5.8 moving about 150 employees from thre previous buildings to the new Kirkwoodd address.
Rick Seiler said Friday that in exchange for the tax the company committed to add at least 25 jobs and maintaib them for10 years. At the time the move Presidentr Tom Seiler told the Business Journal that the company plans to add between 30 and 40 employeed over the next four tofive years, mostlty in manufacturing. Seiler Instrument was founded in 1945. It’s ownedf by Tom Seiler; his father, Eric; and his Rick.

Regional airline grounded: Comair plans to cease operations - The Hill (blog)

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USA TODAY

Regional airline grounded: Comair plans to cease operations The Hill (blog) Regional airline grounded: Comair plans to cease operations. By Keith Laing - 07/27/12 12:13 PM ET. Tweet. Delta Airlines said Friday that a regional airline it owns will be going out of business in September. Boone County, Kentucky-based Comair, which ... Shrinking Comair being grounded by Delta Bizjournals.com News Summary: Delta to shut down Comair Kansas City Star Comair employees to get job assistance kypost.com  »

Express Scripts

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The pharmacy benefits manager anticipates the deal willadd $1 billion to earninga before interest, taxes, depreciation and amortization once it is fully which should take between 12 and 18 That would be a more than 70 percengt increase to Express EBITDA, which was $1.38 billion in 2008. The deal coulrd make Express Scripts the largest public company inthe St. Louisa region, with annual revenue estimated tobe $39 With ’s sale to InBev Emerson currently ranks as the region’s top publicx company with $24.8 billion in 2008 Express Scripts announced April 13 its pland to buy the NextRx subsidiary from one of the nation’s largest health insurers with $61.
6 billion in NextRx is the country’s fourth-largest pharmacy benefir manager. Express Scripts currently ranks third. NextRx serves over 25 million members and manages more than 265 milliojnprescriptions annually. Revenue for the division has been estimatedat $17 Express Scripts processed just over 500 million prescriptions last year and had $21.9i billion in revenue. “The acquisition of NextRcx significantly increases the size and scale of the Charles Rhyee, an analyst with in New said in a report. This increase in scale will allows Express Scripts to negotiate better prices with drug companies and better compete with the current No.
1 and 2 playerzs in the pharmacy benefit marketplace andCVS Caremark. “This will bolste their position to more effectively saidScott Harrison, senior analyst with Clayton-basee . “One of the knocks agains t the company has been the relativer size of Express Scripts versues Medcoor CVS. This transaction essentially takessthat away.” The $4.67 billion transaction price includes $1.4 billion in Express Scripts The remainder will be financed through cash on hand and committee financing, according to Chief Financial Officer Jeff The deal includes a 10-year contract for Express Scriptd to provide services to WellPoint.
That contract will be a majot contributor to the increase inexpected earnings, Hall “Also, this will allow us to continue to get bette r at what we do and increase efficiencies,” Hall Express Scripts stock has responded favorabluy to the deal, rising 13.4 perceng since Monday’s announcement to close at $59.309 a share on Aprip 15. “There are fewer (local publixc companies) today to watch, so to see one continuwe to strengthen its positionis nice,” Harrisohn said. Hall said no specific plans are currentlyg in place to expandExpresse Scripts’ local staff or campus, which is located on the -St. Louisd campus in north St. Louis County.
Express Scripts has 11,000 employees companywide with justover 3,000 in the St. Louis region. NextRx has more than 2,000 employees in offices in Ohio, Texas and California. Expressz Scripts has a history of growing through acquisitions, making six major acquisitions since 1998. The company’sx most recent deal was the $248 million purchaser last year ofthe workers’ compensatiojn pharmacy benefit business of privately held from , a Cambridge, Mass.-basefd private equity investment firm. “Our industry-leading ROIC (return on invested capital) is a testament to our abilitg to acquire and integrate major President and CEO George Paz said in aconferencre call.
“In each case we were able to integrate the new business and pay down the debt in veryshorgt order.” Express Scripts also made an unsuccessfuk attempt two years ago to purchase , offering $26 billiohn for the company which was eventually acquired by CVS.

Actuant reports 3Q net loss of $17.6M - The Business Journal of Milwaukee:

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million, or 31 cents per share. Results were reducef by a non-cash asset impairment charge of $31.7 million to reflect a writedownm on the value of its electrical which is being hurt by a sinking boat The Butler-based manufacturer of branded hydraulic and electrical tooles and motion control systems said the chargwe reduced earnings per share by 39 cents per share. Without the impairment, and restructuring charges of $12.21 million, or 12 cents a share, earnings wouldx have been 20 centsper share. Analystw polled by Thomson First Call expecteed 10 centsa share, on average. Actuant's stocko price was up $1.28, or 9.7 at $14.48 in afternoon trading Wednesday.
Results comparefd with net incomeof $38.6 million, or 60 cent s per share, for the same period a year ago. Salesa dropped 35 percent to $290.4 millionm from $444.7 million. Actuant (NYSE: ATU) reduced its employee headcount by 7 percent in the quarter and by 21 percent for the fiscal year to date in responses to the slowdown in Further costs cuts are expected to be made in the fiscaklfourth quarter, reducing the quarter's pre-tax earningxs by about $5 million, said chairman and CEO Robert Arzbaecher. The company is now projectinb fourth-quarter earnings of 12 to 20 centswper share, excluding impairment and restructuring charges, on sale s of $275 million to $295 million.
That would push full-yeard earnings to 87 to 95 cents a share on salesof $1.245 billiojn to $1.265 billion.

Nexen Given Top Return on Bet Canada Clears Bid: Real M&A - Bloomberg

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Globe and Mail

Nexen Given Top Return on Bet Canada Clears Bid: Real M&A Bloomberg Nexen Given Top Return on Bet Canada Clears Bid: Real M&A. By Tara Lachapelle - 2012-07-24T14:43:19Z. Nexen Inc. (NXY), the target of the largest overseas bid from a Chinese company, is offering traders the chance to make the most money on any ... $1 5 billion Nexen deal sparks who's next speculation Stockhouse Nexen deal could lead to more Canadian takeovers Globe and Mail  »

Letter: Haddox impeccably suited for Martin County Commission; not so with ... - TCPalm

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Letter: Haddox impeccably suited for Martin County Commission; not so with ... TCPalm Letter: Haddox impeccably suited for Martin County Commission; not so with Tucker. In October, the Stuart News quoted Brandon Tucker as having an "open mind" about developments of regional impact. My mind is NOT open on these developments.

Kansas City hires Garcia to lead Water Services Department - Kansas City Business Journal:

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Assistant City Manager John Franklin has beenthe department’sw acting director since Frank Pogge . Garcia has workedd as a project management consultant since 2006 and was assistant countty administrator for development and infrastructure in HillsboroughCounth (Tampa area), Fla., from 2003 to 2006. As assistanrt county administrator, Garcia directlt supervised eight departments, including water and wastewater, with more than 3,10 0 employees and a capital and operating budgegof $1.5 billion.
Garciaa also has been director of planning andgrowthn management, and director of public works for Hillsborough director of public works for Nueces Texas, and public works division managefr and deputy county engineer of San Diegoo County. He is a former memberd of the . “Bernardlo has more than 20 years of experience in staff management and projecrt developmentand implementation, which will benefiy the city in addressing our water infrastructures challenges,” City Manager Wayne Cauthen said in a release Monday.
“Hes also has a track record of stressing customer service and promotingf community involvement and Garcia will be responsible for developing and managingKansad City’s programs for water supply, and wastewater and storm-wate r systems. He also will overse e all department staff, manage day-to-day operationsx and guide the Wet Weathef Solutions projectand infrastructure-related capital improvements.

Ferrellgas profit dips, sales drop - Minneapolis / St. Paul Business Journal:

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In a filing with the Securities and Exchang Commission after the market closed on theOverland Park-based propanwe retailer (NYSE: FGP) reported earnings available to common shareholderse of $32.5 million, or 48 cents a for the quarter. This compares with earnings of $34.8 or 55 cents a share, for the same period last year. Revenue for the quarter was $561.1 down from $712.1 millio n last year. Ferrellgas said in the SEC filinf that lower propane pricees contributed tothe quarter’s lower The company said it sold 239.2 millio gallons of propane during the down 5 percent from 252.1 million gallons in the same quarteer last year.
Retail sales volumes decreased mainly becauses of temperatures that were 5 percent warmere than last year and customer conservation related to the weak thecompany said. Ferrellgas ranks No. 10 on the Kansas City BusinesseJournal ’s list of area publi c companies.

Six Flags, a Gates investment, seeks Chapter 11 - Triangle Business Journal:

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Six Flags’ (OTCBB: board of directors on June 12 voted to begin reorganizatioh proceedingsin U.S. Bankruptcy Court for the Districtof Delaware. The company listed assets of $3.03 billion and debts of $2.36 billion in its Cascade Investments, the Kirkland-based investment firm for Bill owns 11.1 percent of the voting securities in the New York-based bankruptcy documents show. Cascade Investmentds is listed as the largest holdere ofvoting securities, followed by at 9.1 percenrt and at 6.65 percent. The values of the holdings were unstated. Six Flags has 97.7 million shared of common stockand 1.1 million shareas of preferred stock.
Six Flags’ stock closed June 12 at 26 centzsa share. That suggest Cascade Investments' stake in Six Flagxs could be worthabout $2.8 Six Flags in 2007 sold its water-park including Wild Waves & Enchanted Village in Federal Way, to investors in After a series of Inc. acquired Wild Wavess and six other propertiez nationwidefor $312 CNL then leased the water parksx to Parc7F Operations Corp. of Jacksonville, Fla.
, which operates the

GE Healthcare opens $165M N. G

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The new 230,000-square-foot facility includese a 60,000-square-foot cleanroom. The digital X-ray detectorsd that will be made at the plant are used inmammogram screening, a growing $1 billion marketf for breast cancer Much like the transition from paper medical recorda to streamlined electronic record digital X-rays are slowly replacing traditionall film X-ray machines. In addition to the 100 new jobs schedulecd forthe plant, 50 people will transfetr to the tech park from GE’sw research center in Niskayuna. Positions at the new site will includ e15 engineers, 15 administrators and 120 technicians and support stafrf with an average annual salary of $65,000.
The plang is expected to have an annualo payrollof $10 million. GE developerd its digital X-ray technology at GE Global Researcuin Niskayuna. GE said this is the company’d first expansion of high tech medical equipment manufacturing by its healtb care operation intoNew York. ”This a wonderful example of howa long-tern commitment to technology can spur the growth of our manufacturingt base and create new, high-tech jobs,” said Mark GE senior vice president and director of the research center. GE Healthcarde spent 15 years and morethan $200 millionj developing its digital flat panel X-ray technology.
The flat-panel detectord is a critical component ofan X-rayy system and plays a role in providing an improved

Conklin-Fangman will close June 13 - Kansas City Business Journal:

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The dealership, at 3200 Main St. in Kansad City, was notified by (NYSE: GM) on Tuesdaty that its franchise agreement woulfd not be renewed in October 2010 and decided to liquidate as soon as General Manager David Hughessaid “We just want to get it over he said. “People aren’t going to want to buy cars from adealee that’s not going to be here to take care of Employees will want to move on, too, Hughexs said. The dealership, which carries the Buick, GMC and Cadillac has about 130 cars onits lot. Any not sold will be sent to the remaininh stores incentral Kansas, he “It was a shock,” Hughes said.
“We were expecting a reinstatement, not a wind-down.” Salea had been down, but they were on par with national he said. The letter didn’t provide an explanation. from Majofr Cadillac Pontiac Buick GMC. Before it had been a GM franchiser for 99 years with the Major The dealership’s holding , also owns dealerships called Conklin Cars in Hutchinson and Newton, Kan. GM, , is trying to pare its 6,000-dealedr network to the 3,600 top-performing The company’s sales have plummeted amid the recession.

HPW claims files were taken - Triangle Business Journal:

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But on a weekend in March, Raleigh residentiakl brokerage Coldwell Banker HowardPerry & Walston says much of its data on such propertiesx disappeared. Some of it was deleted; some of it was and much of it went toa competitor, HPW HPW says two individuals who would latere resign from the firm entered the office on a Sundayu and proceeded to deletew photographs of HPW listings from the Multiple Listing Property information boards containing listing information, broker pricr opinions and the names of new clients were wiped clean. HPW calls were forwarded to personalcell phones. And an e-mail account with the address hpwarchive@yahoo.
com was set up to transfed proprietary information from the The allegations are contained in a lawsuit that HPW filec in Wake County Superior Court onApril 8. The mattee was designated a complex business matter and moved to the Nortj Carolina Business Court onMay 6. Joan an attorney with Howard, From & Hutson representing HPW, says she cannot discuss the case other than to saythat “i appears the parties have resolved their differences.
”

Given the state of the economy, what advice would you give students about career prospects in the field you are preparing them for? - Washington Business Journal:

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dean of academic affairs, “Studentz who are preparing to entet the work force in the current economic climater need to hone not just thei r technical skills but alsotheir ‘soft’ skills as As such, the ability to communicatde effectively is crucial. Employerds are looking for candidates who can interact with clients and management in all aspects of theprofessionaol sphere. To do this, candidates need to be able to express themselvesz both verbally andin essentially, the ability to write clearly and conciselt is an invaluable skill.
” Erin Martz, program director, genera education, college counselor, , Annandale campus

Winds continue to fuel Cudahy fire - Charlotte Business Journal:

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Cudahy Mayor Ryan McCud also urged all businesses in the city to reducew water usage and called on residents of the neighboringy communityof St. Francis to conserve “We are running short on water,” McCuee said. More than 8.5 million gallons of watee had been used by in an attempt to dousre a fire in one of the buildings that make up the Patricl Cudahy meat processing complex at OneSweet Apple-Woods Lane, just off of Layton Mayor Ryan McCue said at a 3:30 p.m. presw conference at Parkview Elementary 5555 S. Nicholson Ave., withinj site of the huge plumes of smoke billowinyg fromthe plant.
The city of Milwaukew also has allowed Cudahy to tap into its watert supply to aid in fighting thestubborn blaze, McCue said. The fire fighting effor t has been expanded to include 130 firefighterse from27 departments, he “The fire continues to flare McCue said. “The wind has not been our Also, 75 law enforcement officera are on patrol inthe city. McCue declared a state of emergenc earlier in the day and indicated at that time that the Nationa l Guard could be called in to patrocity streets.
However, Cudahy Policr Chief Thomas Poellot saidthe city, alonyg with assistance from other communities and the has “adequate” resources to keep the city safe as firefighterws continue to battle the blaze. “We don’yt anticipate needing the National Guard,” he said.

Training partner Tyler Clary calls out Michael Phelps - USA TODAY (blog)

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USA TODAY (blog)

Training partner Tyler Clary c »

Bryce Harper: 'I still get to see my family out there and that's the biggest ... - Washington Post (blog)

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ESPN (blog)

Bryce Harper: 'I still get to see my family out there and that's the biggest ... Washington Post (blog) The rookie outfielder had been hoping to go home to rest with family. Instead, on Saturday, he learned he would be headed to the  »

DAS manager at center of probe over COBRA checks - Minneapolis / St. Paul Business Journal:

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The Office of the State Inspector General, in a report releasef Tuesday, outlined an investigation into the specifically the operation that administers the Consolidated Omnibus BudgetyReconciliation Act, or COBRA, program. That piecer of 1986 federal legislation allows unemployed workerz to buy health insurance coverage for up to 18 David Holbrook, chief of the COBRA division since last year, is the targeyt of the state’s effort to fire him after investigators said hundreds of COBRA payment checkxs went missing under his watch.
Investigatorws found more than500 checks, about 200 more than originallgy thought, valued at about $214,000 in a credenzw in Holbrook’s office on April 10. Holbrook, 45, by that time was on paid administrativee leave and no longer had anofficd key. He denied any knowledge of the check s or how they got intohis office. According to the it was unclear if he was purposefully holdinhgthe checks. The department said Tuesday therrewas “no indication that premium funds were misappropriated.
” A key factod behind the missing checks, the probd found, was a “dual accounting process” that was employed because the departmenrt opted not to switcuh its COBRA records to a new Ohio Administrative Knowledge or OAKS, aimed at improving operations. That decision, combined with the retirement ofthe division’s former chief, triggered what the report callerd a “disaster” in processing. The probe also found Holbrook, who once worked in the statew Department of Natural Resources and Department ofYouthh Services, had a record of inappropriate conduct in stated jobs that was described as a “pattern of dishonestt behavior.
” At the Administrative Servicee Department, he earned a base annualk wage of $92,955. The department in a statement Tuesday said it has put in placde stronger controls onCOBRA processing, specifically switching to OAKS, and worked with those affected by the misplaced The state probe had recommended changes to COBRA processing operations along with an audit. The Department of Administrativs Services also indicated disciplinary actionds might notbe over. “We are reviewing the Inspectore General’s report and determining the appropriate course of actiobn for otheremployees involved,” Director Hugh Quill said.
Investigator also looked into anonymous tips thatHolbrook didn’y follow time reporting policies and refused to pay employees for denied vacation time they were permittefd to cash in. The inspector’s officwe found some instances of wrongdoinf or omissionson Holbrook’s part and that of the department at recommending that the vacation policyh itself be reviewed.

J.C. Penney Company, Inc. Company Profile | JCP Company Information

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JCPenney is one of America's leading operating 1,074 department stores throughour the United States andPuerto Rico, as well as one of the largesy apparel and home furnishing sites on the Internet, jcp.com, and the nation'sa largest general merchandise catalog business. Througuh these integrated channels, JCPenney offers a wide arrau of national, private and exclusive brands whicyh reflectthe Company's commitment to providing customer with style and quality at a smarr price. Traded as "JCP" on the New York Stocm Exchange, the Company posted revenu e of $19.9 billion in 2007 and is executing its strategic plan to be the growth leadet in theretail industry.
Key to this strategy is JCPenney'sw "Every Day Matters" brand positioning, intended to generat e deeper, more emotionally driven relationships with customers by fully engagingthe Company's 155,000 Associate to offer encouragement, provide ideaws and inspire customers every time they shop with

Smart TV Says: Connected TVs to offer advertisers a 'very powerful capability' - San Francisco Chronicle

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Smart TV Says: Connected TVs to offer advertisers a 'very powerful capability' San Francisco Chronicle The potential of Smart TVs is getting increased attention from the America's biggest advertisers and broadcasters as a result of the rising number of connected devices being distributed across America. Michael Bologna, Director of Emerging ... and more »

Getty Images Auction Draws Initial Bids of Around $4 Billion - Wall Street Journal

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Getty Images Auction Draws Initial Bids of Around $4 Billion Wall Street Journal The auction for a potential sale of Getty Images has progressed to the second round, with several private-equity firms putting in initial bids of around $4 billion. and more »

Facsimile edition of Gilgit manuscripts - GroundReport

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Facsimile edition of Gilgit manuscripts GroundReport Srinagar , June 20 (Scoop News) â€"The National Archives of India on the request of Minister for Tourism and Culture, Nawang Rigzin Jora has forwarded facsimile version of manuscripts of Gilgit to the State Government for its preservation besides to ... and more »