vypybiza.wordpress.com
The will hire a consultant in the next few weekws to help selectmoney managers, but the liberal arts schoopl will continue its conservative investment strategy that to date has focuserd on a portfolio of cash, bondss and stocks. Saint Rose trustees and financed staff had considered hiring a consultant for the past year and a well before theeconomy soured. “The markert dislocation might have inspired us to get going alittled quicker,” said Daniel Nolan, chairman of Saint Rose’sa board of trustees. “We’ve had a pretty conservative said Nolan, a former executive and curren t managing directorof LLC, an Alban y financial advisement company.
Even with a the Saint Rose trustee investment committeed will continue to set investment polich and determineasset allocation—two areas in which the schoool is strong, said Nolan. “One of the blessingsx is that weare small. Unlike the big Harvards and Yalew that were doing less liquid we were more traditional and I think we are down a lot less as a Nolan said. The economic downturn and markeyt losses have hurt colleges acrosthe country. Saint Rose’w endowment lost $4.1 million during the last half of as the value shrankto $21.8 million at the end of The school—which lost about 16 percent of its endowment—fared much better than most colleges.
estimated in a recent reporg that many schools lost 25 to 35 percent of theid endowments during the second halfof 2008. “Az lot of colleges and universities started goiny into more aggressive investment philosophies to try and mimifc the returns of the largest saidJohn Nelson, a managinvg director at Moody’s. More colleges began relying less on stockas and bonds and more onhedged funds, private equity investments, venture capital and real estate investments. “Whiled painful to lose the gains of the lastthree years, it’w not really draconian yet,” Nelson said.
Moody’se predicted in January that highly leveraged colleges and thosr with large allocations in publicly traded equities were expected to suffer thebiggesft losses. lost at least 22 or $8 billion, of its $36.9 billion endowmenft last fall. Yale lost 25 percent as its endowment fellto $17 Yale money managers have been criticized in recent months for theirf portfolio management. The college chief investmentf officer declined to comment for this but the Ivy League college publishex a report this month defending itsinvestment strategy.
“In the midst of financial crises, some argue for higher allocationsto risk-free no doubt wishing after the fact for the now unattainabled before-the-fact protection,” school officials wrote. Yale stafgf say their equity investments and diversificatiojn philosophy caused its endowment to generateda 16.3 percent annual return for 10 yearxs through the end of That’s a mark, they say, they wouldd not have reached by investing in fixed-incom e assets, stocks and Investment strategy hasn’t changed much at in Troy The college has adhereed to what Chief Investment Officerf Walé Adeouson calls a diverse portfolio with a capital preservationj philosophy.
Sunday, October 30, 2011
Thursday, October 27, 2011
Local profs win injunction in condo case - Baltimore Business Journal:
disadvantage-unlimited.blogspot.com
A Suffolk Superior Court judge Mondag issued a preliminary injunction againstthe developer, a jointf venture of and The injunction prohibits the developerse from renting or leasing the condo units it is supposec to sell to the plaintiffs, according to a presds release from the group’s lawyers, . Equitty Residential’s spokesman, Marty said he could not commenty “because of pending litigation.” Extell did not immediately returh a callfor comment.
The filed in April by a group of alleges that Equity Residential and Extell Developmenft refused to allow buyerds to close on the purchases and move into theier condo units and did not recordr condominium master deeds with the of The development, called 303 Thirrd St. in Cambridge’s Kendal l Square neighborhood, was originally approved for 527 units intwo buildings, the so-called North and South developments. The Nortb building contains rental units and is not part of the According tothe plaintiffs, the developer is now in discussio with the city of Cambridge to rent the Soutb building as apartments.
In a previous Boston Business Journal story, Cambridge’s director of land use and zoning for the confirmede the developer filed plans with the city to convert the Soutn buildingto rentals.
A Suffolk Superior Court judge Mondag issued a preliminary injunction againstthe developer, a jointf venture of and The injunction prohibits the developerse from renting or leasing the condo units it is supposec to sell to the plaintiffs, according to a presds release from the group’s lawyers, . Equitty Residential’s spokesman, Marty said he could not commenty “because of pending litigation.” Extell did not immediately returh a callfor comment.
The filed in April by a group of alleges that Equity Residential and Extell Developmenft refused to allow buyerds to close on the purchases and move into theier condo units and did not recordr condominium master deeds with the of The development, called 303 Thirrd St. in Cambridge’s Kendal l Square neighborhood, was originally approved for 527 units intwo buildings, the so-called North and South developments. The Nortb building contains rental units and is not part of the According tothe plaintiffs, the developer is now in discussio with the city of Cambridge to rent the Soutb building as apartments.
In a previous Boston Business Journal story, Cambridge’s director of land use and zoning for the confirmede the developer filed plans with the city to convert the Soutn buildingto rentals.
Tuesday, October 25, 2011
TV: A Complex Fragmented Industry Apple Can't Disrupt Easily - Business Insider
adamovaichive.blogspot.com
TV: A Complex Fragmented Industry Apple Can't Disrupt Easily Business Insider Firstly, TV is technically fragmented. How would an Apple TV support satellite, terrestrial, cable and IPTV? Different countries have adopted different solutions and a global product would need to support them all. For example, if there's no DVB-T ... |
Sunday, October 23, 2011
Friday, October 21, 2011
Honda overtakes Toyota for top spot in auto supplier survey - Dayton Business Journal:
efenytan.wordpress.com
Toyota dropped to second in the surveyby , which has conductesd the survey since 2002, and Nissan came in third. Of the Big Threer automakers from Detroit, (NYSE: F) came in ahea of the other U.S. followed by (NYSE: GM) and , which came in last overallo in the survey for the second year ina row. “Researchb we began in the early 1990s always showed Toyotwa as having the best relationshi p withits suppliers, but something seems to be said John Henke Jr., president of Michigan-based Plannin g Perspectives. “They’re looking a little more like U.S. Ltd.
(NYSE: HMC) reported its sales for Aprio slid25 percent, and that it wouldx be cutting production as it continues to cope with the economicv recession. Marysville-based employs more than 12,009 workers at assembly and engine plants in and aroundfCentral Ohio, where they produce Hondza Accords, Civics, CR-Vs, Elements and Acura TLs and (NYSE: TM) reported its lost $4.4 billiobn for the most recent fiscaol year, as it continues to deal with the global slump in auto sales. Chrysler recentlh filed for bankruptcy and GM is expectecd to file for bankruptcy protectioh as early asthis week. Both automakerws have accepted billions of dollars in bailout funds fromthe .
Ford is the only membef of the Big Three not to take federal bailout Both Chrysler and GM have announced significanft cuts in theirdealer networks, and are trimmintg jobs and looking at closing plants. All of those movezs have hit suppliers, particularly the smaller auto some of which have had to go outof
Toyota dropped to second in the surveyby , which has conductesd the survey since 2002, and Nissan came in third. Of the Big Threer automakers from Detroit, (NYSE: F) came in ahea of the other U.S. followed by (NYSE: GM) and , which came in last overallo in the survey for the second year ina row. “Researchb we began in the early 1990s always showed Toyotwa as having the best relationshi p withits suppliers, but something seems to be said John Henke Jr., president of Michigan-based Plannin g Perspectives. “They’re looking a little more like U.S. Ltd.
(NYSE: HMC) reported its sales for Aprio slid25 percent, and that it wouldx be cutting production as it continues to cope with the economicv recession. Marysville-based employs more than 12,009 workers at assembly and engine plants in and aroundfCentral Ohio, where they produce Hondza Accords, Civics, CR-Vs, Elements and Acura TLs and (NYSE: TM) reported its lost $4.4 billiobn for the most recent fiscaol year, as it continues to deal with the global slump in auto sales. Chrysler recentlh filed for bankruptcy and GM is expectecd to file for bankruptcy protectioh as early asthis week. Both automakerws have accepted billions of dollars in bailout funds fromthe .
Ford is the only membef of the Big Three not to take federal bailout Both Chrysler and GM have announced significanft cuts in theirdealer networks, and are trimmintg jobs and looking at closing plants. All of those movezs have hit suppliers, particularly the smaller auto some of which have had to go outof
Wednesday, October 19, 2011
U.S. Bank returns TARP money - South Florida Business Journal:
raisavydyexuwowi.blogspot.com
billion in Troubled Asset Relief Program moneh it took last year fromthe . U.S. Bank (NYSE: based in Minneapolis, had previouslu announced its plans to redeem the preferrefd stock issued tothe Treasury. Last week, it from the governmen t to do so. U.S. Bank also told the Treasury it intendw to repurchasethe 10-year warrant it had issue d along with the preferred stock. “The redemptionm allows our company to return to operating from a positionn of both independent strengty andstrategic flexibility,” said Richar d Davis, the company’s president, CEO and chairman, in a statement. The Treasur y in May announcedthat U.S.
Bank whichh showed it would be able to ride out the economic downturnh without having to raisemore capital. Davis has of the government’ss capital purchase program. In February he called the programm “lousy” and said the bankinyg industry was pressured to participate inthe program.
billion in Troubled Asset Relief Program moneh it took last year fromthe . U.S. Bank (NYSE: based in Minneapolis, had previouslu announced its plans to redeem the preferrefd stock issued tothe Treasury. Last week, it from the governmen t to do so. U.S. Bank also told the Treasury it intendw to repurchasethe 10-year warrant it had issue d along with the preferred stock. “The redemptionm allows our company to return to operating from a positionn of both independent strengty andstrategic flexibility,” said Richar d Davis, the company’s president, CEO and chairman, in a statement. The Treasur y in May announcedthat U.S.
Bank whichh showed it would be able to ride out the economic downturnh without having to raisemore capital. Davis has of the government’ss capital purchase program. In February he called the programm “lousy” and said the bankinyg industry was pressured to participate inthe program.
Monday, October 17, 2011
Tennessee Center helps tap into government money - Pacific Business News (Honolulu):
balamatovaegede.blogspot.com
For those who wish to be contractors withthe government, one free resourcw is the state’s Procurement Technical Assistance Center. It’s part of the Procurementt TechnicalAssistance Program, an agency first funded by Congresds in 1985 to serve as a liaison between privatd business contractors and government agencies. The centetr helps businesses evaluate whether they have a shot at agovernmentt contract, and to help them cut througjh the red tape to get it, says Joe Flynn, director of the Tennessee center, which has regional offices in Jackson and Chattanooga.
The procurement center assist s Tennessee businesses in securintg anaverage $750 million in government contracts each Since inception, it has helped state businesses win some $6 billion in government contract awards. Flynn has helped New Hampshirre vendors supply maple syrup tomilitary commissaries, and Tennessede vendors sell barbecue sauce. “The governmengt is comprised of people justlike us, and they have the same he says.
“Whatever you provide, it’s possible they need That said, becoming a government contractor can be long and and some 80 percent to 90 percent of businessez that contact the procurement center are eithefr unqualified or unlikely to make it through the These days, call volume has increasedc some 200 percent as businesses searchn for stable customers for their products. Call s range from self-employed entrepreneurs to largse companies, with most falling in the rangew of 200 employeesor less, Flynmn says.
The staff of three counselores maintain an active list of about375 clients, and Flynhn estimates the center touchees some 3,000 businesses each year through phonee counseling or personal meetings. It taked time, patience, a clear business modelp and present financial stability to get intogovernment contracting, and countint on a quick contract to save a business from going under is a sure recipe for “Government contracting can be extremely lucrative, but you have to be set alreadyu or you’ll go bankrupt twicde as fast,” Flynn says. “You need to be a healthy businesx that can absorb a lot of negativecash flow.
” The centerr has helped businesses such as Sabre Defence Industries, a Nashville firearmse manufacturer that was founded in 2002 and now is a leading weapons provider to the U.S. military, supplying barrels for Army M2Browning .50-caliber machine guns and Air Force M134 7.62mjm Miniguns. It also assisted Veterans National Contracting of Memphis in securingbsome $5 million in governmenr contracts. Owner Jerry Bechel, a veteran of both the U.S. Army and the construction business, started the business in 2007 and poured his time into building relationships and learnin g governmentcontracting requirements. His firstf contract was a $1.2 million bid with the U.S.
Department of Veterans Affairs to update lighting fixtures at the Memphids VAMedical Center.
For those who wish to be contractors withthe government, one free resourcw is the state’s Procurement Technical Assistance Center. It’s part of the Procurementt TechnicalAssistance Program, an agency first funded by Congresds in 1985 to serve as a liaison between privatd business contractors and government agencies. The centetr helps businesses evaluate whether they have a shot at agovernmentt contract, and to help them cut througjh the red tape to get it, says Joe Flynn, director of the Tennessee center, which has regional offices in Jackson and Chattanooga.
The procurement center assist s Tennessee businesses in securintg anaverage $750 million in government contracts each Since inception, it has helped state businesses win some $6 billion in government contract awards. Flynn has helped New Hampshirre vendors supply maple syrup tomilitary commissaries, and Tennessede vendors sell barbecue sauce. “The governmengt is comprised of people justlike us, and they have the same he says.
“Whatever you provide, it’s possible they need That said, becoming a government contractor can be long and and some 80 percent to 90 percent of businessez that contact the procurement center are eithefr unqualified or unlikely to make it through the These days, call volume has increasedc some 200 percent as businesses searchn for stable customers for their products. Call s range from self-employed entrepreneurs to largse companies, with most falling in the rangew of 200 employeesor less, Flynmn says.
The staff of three counselores maintain an active list of about375 clients, and Flynhn estimates the center touchees some 3,000 businesses each year through phonee counseling or personal meetings. It taked time, patience, a clear business modelp and present financial stability to get intogovernment contracting, and countint on a quick contract to save a business from going under is a sure recipe for “Government contracting can be extremely lucrative, but you have to be set alreadyu or you’ll go bankrupt twicde as fast,” Flynn says. “You need to be a healthy businesx that can absorb a lot of negativecash flow.
” The centerr has helped businesses such as Sabre Defence Industries, a Nashville firearmse manufacturer that was founded in 2002 and now is a leading weapons provider to the U.S. military, supplying barrels for Army M2Browning .50-caliber machine guns and Air Force M134 7.62mjm Miniguns. It also assisted Veterans National Contracting of Memphis in securingbsome $5 million in governmenr contracts. Owner Jerry Bechel, a veteran of both the U.S. Army and the construction business, started the business in 2007 and poured his time into building relationships and learnin g governmentcontracting requirements. His firstf contract was a $1.2 million bid with the U.S.
Department of Veterans Affairs to update lighting fixtures at the Memphids VAMedical Center.
Friday, October 14, 2011
McCree Jr. worked way up from ditch digger to CEO - bizjournals:
belyaevostapuki.blogspot.com
After he graduated from the Georgia Institute of Technologhin 1993, McCree worked at Peninsula Engineering Inc. in While there, he took night classes at Rollins College and earnedhis master’s in businesz administration. Then in 1996, at age 25, he returned to the family business asan estimator. Since then, his caree progressed to project engineer, vice president of construction, chief operating and, in 2005, he becamre CEO. Under his leadership, the company grew to $88 milliobn in 2007, up from $60 million in 2006. The firm droppedc to $47 million in revenues last year due to theconstruction industry’sz general decline in the recession and credigt crunch.
And in 2008, he was certified as a Leadership in Energhy and EnvironmentalDesign (LEED)-accredited professionapl by the Green Building Certificatiobn Institute. That means he can steward an eco-friendly constructioh project through the LEEDcertification process. Understandingy purpose means a lot tothe 38-year-old “Try to figure out your and stay true to that In 2008, McCree led a bibl study for his firm’s employeee based on the book, The Purpose Driven Life by Rick Warren, to make sure his firm’es workers knew the power of their He also instituted a prograkm this year from Ownership Thinking LLC, a consultinyg and training firm, which shows all employeexs how their performance affects the Dana Lichty, director of marketiny and communications for the company, said this levelk of transparency and trust motivates her, as well as McCree’s willingnessw to hear new ideas.
“He’ss very approachable.” McCree also believews his family’s company should get involvedx in the community rather than just watcyh fromthe sidelines. That’s why the firm buily Ronald McDonald House Charities ofCentral Florida’s two Orland locations and waived its fee. “We’rer part of the community,” said McCree, who also has been involvex with Valencia CommunityCollege Foundation, Committee of 100, Orlando Rotaryh Club, Orlando History Center and Junior Lou Ann DeVoogd, executive director of the Ronalde McDonald House Charities of Centralk Florida Inc., said the relationship between McCree and the charitt has been a great one.
For McCree and his father rallied suppliers and contractors to raisre money for the she said. “We appreciate all the They have heartsof gold.” McCrede now is taking steps to ensurwe the firm remains profitable, even in the economicx downturn, which means diversifying the type of work it does to includee growing niches such as eco-friendly Said McCree, “If you standf by your values, you eventually will succeed.
”
After he graduated from the Georgia Institute of Technologhin 1993, McCree worked at Peninsula Engineering Inc. in While there, he took night classes at Rollins College and earnedhis master’s in businesz administration. Then in 1996, at age 25, he returned to the family business asan estimator. Since then, his caree progressed to project engineer, vice president of construction, chief operating and, in 2005, he becamre CEO. Under his leadership, the company grew to $88 milliobn in 2007, up from $60 million in 2006. The firm droppedc to $47 million in revenues last year due to theconstruction industry’sz general decline in the recession and credigt crunch.
And in 2008, he was certified as a Leadership in Energhy and EnvironmentalDesign (LEED)-accredited professionapl by the Green Building Certificatiobn Institute. That means he can steward an eco-friendly constructioh project through the LEEDcertification process. Understandingy purpose means a lot tothe 38-year-old “Try to figure out your and stay true to that In 2008, McCree led a bibl study for his firm’s employeee based on the book, The Purpose Driven Life by Rick Warren, to make sure his firm’es workers knew the power of their He also instituted a prograkm this year from Ownership Thinking LLC, a consultinyg and training firm, which shows all employeexs how their performance affects the Dana Lichty, director of marketiny and communications for the company, said this levelk of transparency and trust motivates her, as well as McCree’s willingnessw to hear new ideas.
“He’ss very approachable.” McCree also believews his family’s company should get involvedx in the community rather than just watcyh fromthe sidelines. That’s why the firm buily Ronald McDonald House Charities ofCentral Florida’s two Orland locations and waived its fee. “We’rer part of the community,” said McCree, who also has been involvex with Valencia CommunityCollege Foundation, Committee of 100, Orlando Rotaryh Club, Orlando History Center and Junior Lou Ann DeVoogd, executive director of the Ronalde McDonald House Charities of Centralk Florida Inc., said the relationship between McCree and the charitt has been a great one.
For McCree and his father rallied suppliers and contractors to raisre money for the she said. “We appreciate all the They have heartsof gold.” McCrede now is taking steps to ensurwe the firm remains profitable, even in the economicx downturn, which means diversifying the type of work it does to includee growing niches such as eco-friendly Said McCree, “If you standf by your values, you eventually will succeed.
”
Wednesday, October 12, 2011
Charge to hamper Merge 2Q net income - Boston Business Journal:
zolinstanixes.blogspot.com
million noncash writedown on the sale of its equity interest in aradiologyu company. The West Allis-based radiology software and systems provider said the chargd is the result of the sale of its interest in veterinary radiologycompany , as part of Eklin’s acquisitionm by veterinary services provider (NASDAQ: WOOF). With Elkin's sale to VCA, Mergs (NASDQ: MRGE) will receivew $1.4 million for its interest in Elkin, but the majorith of that will be recognized in the third The charge, however, will be recognized in the second quarter, when Merge will also see $2.
2 millionb in non-recurring revenue as a result of a new reseller agreement the company reached with Elkin in June that'sz being reassigned to VCA. Merge now expects to post net income for the second quarterebetween $100,000 and $800,000, compared with a net loss of $18.3 million a year ago. The company posted net income for the first quarter of 2009of $2.8 Excluding the noncash charge, operating income is expected to be $3.7 milliohn to $4.4 million, compared with a net loss of $18.e million a year ago. Revenue is now projecte to be in the rangeof $15 million to $15.5r million, compared with $13.3 million a year ago.
million noncash writedown on the sale of its equity interest in aradiologyu company. The West Allis-based radiology software and systems provider said the chargd is the result of the sale of its interest in veterinary radiologycompany , as part of Eklin’s acquisitionm by veterinary services provider (NASDAQ: WOOF). With Elkin's sale to VCA, Mergs (NASDQ: MRGE) will receivew $1.4 million for its interest in Elkin, but the majorith of that will be recognized in the third The charge, however, will be recognized in the second quarter, when Merge will also see $2.
2 millionb in non-recurring revenue as a result of a new reseller agreement the company reached with Elkin in June that'sz being reassigned to VCA. Merge now expects to post net income for the second quarterebetween $100,000 and $800,000, compared with a net loss of $18.3 million a year ago. The company posted net income for the first quarter of 2009of $2.8 Excluding the noncash charge, operating income is expected to be $3.7 milliohn to $4.4 million, compared with a net loss of $18.e million a year ago. Revenue is now projecte to be in the rangeof $15 million to $15.5r million, compared with $13.3 million a year ago.
Monday, October 10, 2011
Advocaat warns Russia not be provoked by Andorra - Times of India
disadvantage-unlimited.blogspot.com
Advocaat warns Russia not be provoked by Andorra Times of India MOSCOW: Russia coach Dick Advocaat has warned his players not to let themselves get riled by Andorra and pick up "stupid cards" in Tuesday's final Euro 2012 Group B qualifier. "The Andorrans do not play football, they play anti-football and we must be ... |
Saturday, October 8, 2011
Politicians want answers as rumors swirl NCR to leave Dayton - Philadelphia Business Journal:
http://yobtddl.com/Showcase/Piercing-Swarovski/
Government officials said word began swirling in the community Thursday thatNCR NCR) is planning to move its headquarters and 1,30 0 employees to the Atlantaq area and make an announcement aboutg the move this week. NCR Global Spokespersonb Richard Maton, speaking by phone Saturday from confirmed that an effort was made forOhio Gov. Ted Stricklaned and NCR Chief Executive Officer Bill Nuti to however they were not ableto connect. Strickland’s spokesperson said Saturda that heis “continuing to reach out to the company to have a direct conversation.
” When asked about NCR possibly moving its headquarterws out of Dayton, Maton said the companyt does not respond to rumors and NCR Corporate Spokesperson Alan Ulman responded to questionx about NCR’s plans with an e-mail message Saturday that “We have no announcement today.” In the past, NCR has been quickj to deny rumors of its relocationb and affirm its commitment to remaining in The has repeatedly sought information from the compant since Thursday, but NCR had not responded to theirf requests as of Friday evening, a development departmenft spokesperson said.
Montgomery County Commissioner Dan Foleyy said he is frustrated by the lack of Foley said he has askecd multiplecompany officials, via e-mail, to respond to the rumors, but has yet to receiv e any information. Foley said he, alonv with other county, state and city of Daytonn officials, have met with NCR representatives in the past in an efforrt tosafeguard NCR’s local jobs. “All that said, nobody has confirmed to me that thei r statushas changed,” Foley said Saturday. “I have to assumse that -- I hope, I very much hope -- they are stayint in Dayton, because our citizens have helpef build that company up tobe world-clas and will continue to do so.
” Rumors have long circulated that the company woulds move, however multiple governmen t and economic development officials said they reachedc a new level in the past few NCR is said to be seeking about 100,000 squarw feet of office space in Georgia, . NCR is believesd to have looked at sitesin Savannah, and Ga. Based on the square footagse estimates, the operation couldf house about 300 to400 people, accordin g to real estate sources.
Georgia government and economic developmenr officialsremained tight-lipped on any potential In October, NCR said it would move its Worldwidew Customer Services headquarters to an Atlanta suburb, investiny $15 million and creating more than 900 jobs in the suburbds of Peachtree City and Deluth. The state of Georgia providedc morethan $8 millioj in incentives, according to officials. NCR, founded locallt in 1884, is the Daytoh region’s second largest company, with 20,009 global employees and $5.3 billion in revenude in 2008. The company, whichj sells ATMs and retail automation systems, is Dayton’s lone remaininf Fortune 500 company.
At one time, the companyu had more than 18,000 employees in the Dayton but that number has dwindled during the pastseverap decades. As recently as two year ago, NCR had about 2,00p Dayton employees. That number has declined by about 700 worker in the pastseveral years. In NCR announced it was relocating its executive offices to New York City and leasingg an entire floor of the 7 World Trade Center building. But, on paper, its headquarters remainedf in Dayton.
In March, the company also told employeed it is undergoing a structuraol reorganization and would cut an unknowh amount of its global Thatsame month, the company removefd the language “world headquarters” from the sign at its Dayto n campus, though it said at the time it was just
Government officials said word began swirling in the community Thursday thatNCR NCR) is planning to move its headquarters and 1,30 0 employees to the Atlantaq area and make an announcement aboutg the move this week. NCR Global Spokespersonb Richard Maton, speaking by phone Saturday from confirmed that an effort was made forOhio Gov. Ted Stricklaned and NCR Chief Executive Officer Bill Nuti to however they were not ableto connect. Strickland’s spokesperson said Saturda that heis “continuing to reach out to the company to have a direct conversation.
” When asked about NCR possibly moving its headquarterws out of Dayton, Maton said the companyt does not respond to rumors and NCR Corporate Spokesperson Alan Ulman responded to questionx about NCR’s plans with an e-mail message Saturday that “We have no announcement today.” In the past, NCR has been quickj to deny rumors of its relocationb and affirm its commitment to remaining in The has repeatedly sought information from the compant since Thursday, but NCR had not responded to theirf requests as of Friday evening, a development departmenft spokesperson said.
Montgomery County Commissioner Dan Foleyy said he is frustrated by the lack of Foley said he has askecd multiplecompany officials, via e-mail, to respond to the rumors, but has yet to receiv e any information. Foley said he, alonv with other county, state and city of Daytonn officials, have met with NCR representatives in the past in an efforrt tosafeguard NCR’s local jobs. “All that said, nobody has confirmed to me that thei r statushas changed,” Foley said Saturday. “I have to assumse that -- I hope, I very much hope -- they are stayint in Dayton, because our citizens have helpef build that company up tobe world-clas and will continue to do so.
” Rumors have long circulated that the company woulds move, however multiple governmen t and economic development officials said they reachedc a new level in the past few NCR is said to be seeking about 100,000 squarw feet of office space in Georgia, . NCR is believesd to have looked at sitesin Savannah, and Ga. Based on the square footagse estimates, the operation couldf house about 300 to400 people, accordin g to real estate sources.
Georgia government and economic developmenr officialsremained tight-lipped on any potential In October, NCR said it would move its Worldwidew Customer Services headquarters to an Atlanta suburb, investiny $15 million and creating more than 900 jobs in the suburbds of Peachtree City and Deluth. The state of Georgia providedc morethan $8 millioj in incentives, according to officials. NCR, founded locallt in 1884, is the Daytoh region’s second largest company, with 20,009 global employees and $5.3 billion in revenude in 2008. The company, whichj sells ATMs and retail automation systems, is Dayton’s lone remaininf Fortune 500 company.
At one time, the companyu had more than 18,000 employees in the Dayton but that number has dwindled during the pastseverap decades. As recently as two year ago, NCR had about 2,00p Dayton employees. That number has declined by about 700 worker in the pastseveral years. In NCR announced it was relocating its executive offices to New York City and leasingg an entire floor of the 7 World Trade Center building. But, on paper, its headquarters remainedf in Dayton.
In March, the company also told employeed it is undergoing a structuraol reorganization and would cut an unknowh amount of its global Thatsame month, the company removefd the language “world headquarters” from the sign at its Dayto n campus, though it said at the time it was just
Thursday, October 6, 2011
The Witcher II 360 to be on two discs, says CD Projekt - VGChartz
http://jimsautoincsc.com/privacy.html
GamePro.com | The Witcher II 360 to be on two discs, says CD Projekt VGChartz The Witcher 2 on Xbox 360 will get extra story content as well as the 2.0 enhancements, Dark Mode, Arena, new tutorial and new four minute opening cinematic, CD Projekt Red has revealed. And, cruci » |
Tuesday, October 4, 2011
Kenexa stock slides on lowered expectations - Philadelphia Business Journal:
alharkaenu.blogspot.com
Kenexa (NASDAQ:KNXA) shares ended the day at $16.29. Kenexq said it lowered its guidancw because the economy had caused implementationse of its recruiting and retention softwarer to be slowedor delayed. The Wayne, Pa., companh said Wednesday afternoon it now expects to post revenueof $54 million to $56 million in the thirs quarter, down from its previous estimated of $57 million to $59 million. Kenexa expectsx non-GAAP operating income of $10.e million to $10.6 million, down from $11.4 millioh to $11.8 million, and non-GAAP net income of 35 to 36 centa per fullydiluted share, down from 38 to 39 centsz per fully diluted share.
For the Kenexa expects to post revenueof $213 millionh to $217 million, non-GAAP operating incomwe of $42.6 million to $43.4 million and non-GAAo net income of $1.43 to $1.46 per fully dilutec share. It had expected to post revenueof $225 million to $230 non-GAAP operating income of $45.2 milliomn to $46.2 million and non-GAAP net income of $1.52 to $1.5r per fully diluted share. The full-year guidance includes a one-timew expense of $2.
3 million, which will be recognizedx over the course ofthe year, associater with the opening of an officwe in India in the first Kenexa’s non-GAAP financial measures exclude stock-based compensation and amortizatiob of acquired intangible assets related to The company says it uses them becaused they provide useful informationm to management and investors regarding certaijn financial and business trends relating to Kenexa’s financial condition and results of operations. GAAP stands for generally accepted accounting principles.
Kenexa (NASDAQ:KNXA) shares ended the day at $16.29. Kenexq said it lowered its guidancw because the economy had caused implementationse of its recruiting and retention softwarer to be slowedor delayed. The Wayne, Pa., companh said Wednesday afternoon it now expects to post revenueof $54 million to $56 million in the thirs quarter, down from its previous estimated of $57 million to $59 million. Kenexa expectsx non-GAAP operating income of $10.e million to $10.6 million, down from $11.4 millioh to $11.8 million, and non-GAAP net income of 35 to 36 centa per fullydiluted share, down from 38 to 39 centsz per fully diluted share.
For the Kenexa expects to post revenueof $213 millionh to $217 million, non-GAAP operating incomwe of $42.6 million to $43.4 million and non-GAAo net income of $1.43 to $1.46 per fully dilutec share. It had expected to post revenueof $225 million to $230 non-GAAP operating income of $45.2 milliomn to $46.2 million and non-GAAP net income of $1.52 to $1.5r per fully diluted share. The full-year guidance includes a one-timew expense of $2.
3 million, which will be recognizedx over the course ofthe year, associater with the opening of an officwe in India in the first Kenexa’s non-GAAP financial measures exclude stock-based compensation and amortizatiob of acquired intangible assets related to The company says it uses them becaused they provide useful informationm to management and investors regarding certaijn financial and business trends relating to Kenexa’s financial condition and results of operations. GAAP stands for generally accepted accounting principles.
Sunday, October 2, 2011
Behringer building wins LEED gold status - Washington Business Journal:
houston-nearly.blogspot.com
recently received the 's Leadership in Energy and Environmentapl Design gold certification for anexisting building. The LEED Greeb Building Rating System, which established the criteria for judginvg greenbuilding designs, operations and gave the 35-year-old building in North Carolinz the award for its operational and maintenance best practices and green desigb features. Bank of America Plaza, which is part of the Behringerf Harvard REITI Inc. portfolio, is the first Behringer Harvarr asset to achieve thegold rating.
The commercial real estatwe companyinvested $70,000 in portfolio operations, equipmenr upgrades and employee practices in the Dallas-based Behringer Harvard projects the improvements will yield $200,00p in annual savings and will pay for themselvesx in about four months. Bank of Americaw Plaza's sustainability programs includre energy audits that have loweredthe property's operatingv expenses, plumbing retrofits that save 1.5 million gallons of water each year and greej cleaning and recycling programs.
Behringer Houston property Westway One previouslyy earned LEED Silver Core andShell Certification, and 28 of the propertiess owned by the company's investment programs were awarded the Energy Star labe for their energy management strategies.
recently received the 's Leadership in Energy and Environmentapl Design gold certification for anexisting building. The LEED Greeb Building Rating System, which established the criteria for judginvg greenbuilding designs, operations and gave the 35-year-old building in North Carolinz the award for its operational and maintenance best practices and green desigb features. Bank of America Plaza, which is part of the Behringerf Harvard REITI Inc. portfolio, is the first Behringer Harvarr asset to achieve thegold rating.
The commercial real estatwe companyinvested $70,000 in portfolio operations, equipmenr upgrades and employee practices in the Dallas-based Behringer Harvard projects the improvements will yield $200,00p in annual savings and will pay for themselvesx in about four months. Bank of Americaw Plaza's sustainability programs includre energy audits that have loweredthe property's operatingv expenses, plumbing retrofits that save 1.5 million gallons of water each year and greej cleaning and recycling programs.
Behringer Houston property Westway One previouslyy earned LEED Silver Core andShell Certification, and 28 of the propertiess owned by the company's investment programs were awarded the Energy Star labe for their energy management strategies.
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