CTV.ca | Patricia Clarkson to lead Muses parade San Francisco Chronicle Now the New Orleans-born star of the 2010 thriller "Shutter Island" and the 2003 drama "Pieces of April," will step into a whimsical limelight as she leads the Carnival parade of the Krewe of Muses. Clarkson will board a red fiber-optic-lit float ... Muses Taps Actress Clarks on As Honorary 'EveryMuse' Actress Patricia Clarkson to reign as Honorary Muse Actress Patricia Clarkson, star of “Shutter Island,†to lead Carnival parade ... |
Saturday, December 31, 2011
Patricia Clarkson to lead Muses parade - San Francisco Chronicle
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Thursday, December 29, 2011
Report: BofA retains top bank ranking - Houston Business Journal:
vickreyafolori1839.blogspot.com
The bank’s completed acquisitions of and MerrillLyncgh & Co. Inc. moved it to the top spot from No. 3 in the firsrt quarter of 2008. , which was No. 1 a year ago, fell to No. 3 in the firsf quarter of 2009 with assetsof $1.8 trillion, makinb it the only bank or thrift among the country’s 50 largestf insititutions to move down the managed to hold on to the No. 2 spot with a reportesd $2.08 trillion in first-quarter assets, while was at No. 4 with $1.278 trillion. Ten foreign-owned institutions made it onto the top 50 basedon filings, including based in The Woodlands. The holding companhy of BBVA Compass bank, headquartered in Ala., ranked at No.
27, up three spotz from a year ago, with assetas of $61 billion. BBVA is owne d by Spanish financialgiant . Dallas-based movex up one spot to No. 25 with assets of $67.4 billion, while Utah-based , whicyh operates Houston-based , moved up four spotw to No. 29 with assets of $54.5 billion.
The bank’s completed acquisitions of and MerrillLyncgh & Co. Inc. moved it to the top spot from No. 3 in the firsrt quarter of 2008. , which was No. 1 a year ago, fell to No. 3 in the firsf quarter of 2009 with assetsof $1.8 trillion, makinb it the only bank or thrift among the country’s 50 largestf insititutions to move down the managed to hold on to the No. 2 spot with a reportesd $2.08 trillion in first-quarter assets, while was at No. 4 with $1.278 trillion. Ten foreign-owned institutions made it onto the top 50 basedon filings, including based in The Woodlands. The holding companhy of BBVA Compass bank, headquartered in Ala., ranked at No.
27, up three spotz from a year ago, with assetas of $61 billion. BBVA is owne d by Spanish financialgiant . Dallas-based movex up one spot to No. 25 with assets of $67.4 billion, while Utah-based , whicyh operates Houston-based , moved up four spotw to No. 29 with assets of $54.5 billion.
Tuesday, December 27, 2011
Gain Entry to the Closed 2009 Chicago Marathon by Joining Susan G. Komen's Marathon for the Cure(R)
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The Chicagoland Area Affiliate ofSusan G. Komen for the invites marathon runners to help them move milesa closer to a world without Breast Cancedr by joining Marathon for the 90 spotsare available, but they are going and the registration deadline is Thursday, June 25, 2009. Why run for Komemn Chicago? Almost everyone is affected by breastcancer - a diseaser that strikes at random and for which the causees are still unknown - Komen Chicago knowsd that every moment counts. An estimated 5 million Americanz will be diagnosed with the and an estimated 10 million women worldwidecould die, over the next 25 without a cure.
In order to run with Marathonh forthe Cure(R), runners will need to commit to raisw a minimum of $2,200 without a curren race entry or $1,500 with a curren t race entry. This numbefr is set to keep program costs low and to ensure donationds are utilized to maximize our investment in breasycancer research, screening, education and treatment. With a Team Komen Chicagp Registration, participants will receive: *New Balance race singlet *Welcomes T-shirt *Free online fundraising page *Discussion forums to connect with otherrrunners *Access to free online traininb programs *Discount airfare for out of town runnersw *Discount at the Congress Hotel for runners *New Balance giftsz to top 3 fundraisers *Pre-race partyy *Group Training runs *Free post-race massagw *Komen Chicago Marathon Kick-off run with Dr.
Joseph and Sarag Paun of Paun Family Chiropractic to speaking on thefollowinhg topics: **Common running injuries and the biomechanicalp dysfunction which precede these injuries **Top 3 "power supplements every runner should have **Mind-bodyy connection and how hypnosis could help you achievee your personal record To registe r for Marathon for the Cure(R) in Chicago, pleas e visit or at 972-701-2089o and . Susan G.
Komen
The Chicagoland Area Affiliate ofSusan G. Komen for the invites marathon runners to help them move milesa closer to a world without Breast Cancedr by joining Marathon for the 90 spotsare available, but they are going and the registration deadline is Thursday, June 25, 2009. Why run for Komemn Chicago? Almost everyone is affected by breastcancer - a diseaser that strikes at random and for which the causees are still unknown - Komen Chicago knowsd that every moment counts. An estimated 5 million Americanz will be diagnosed with the and an estimated 10 million women worldwidecould die, over the next 25 without a cure.
In order to run with Marathonh forthe Cure(R), runners will need to commit to raisw a minimum of $2,200 without a curren race entry or $1,500 with a curren t race entry. This numbefr is set to keep program costs low and to ensure donationds are utilized to maximize our investment in breasycancer research, screening, education and treatment. With a Team Komen Chicagp Registration, participants will receive: *New Balance race singlet *Welcomes T-shirt *Free online fundraising page *Discussion forums to connect with otherrrunners *Access to free online traininb programs *Discount airfare for out of town runnersw *Discount at the Congress Hotel for runners *New Balance giftsz to top 3 fundraisers *Pre-race partyy *Group Training runs *Free post-race massagw *Komen Chicago Marathon Kick-off run with Dr.
Joseph and Sarag Paun of Paun Family Chiropractic to speaking on thefollowinhg topics: **Common running injuries and the biomechanicalp dysfunction which precede these injuries **Top 3 "power supplements every runner should have **Mind-bodyy connection and how hypnosis could help you achievee your personal record To registe r for Marathon for the Cure(R) in Chicago, pleas e visit or at 972-701-2089o and . Susan G.
Komen
Sunday, December 25, 2011
Industry Leader: Shirley Weis - Minneapolis / St. Paul Business Journal:
obofym.wordpress.com
After graduating with a nursing degree from MichigahState University, Weis worked as a nurse from 1975 to 1985 with the goal of gettin g into administration. “I come from a generatioj when women weretraditionallg nurses, teachers and secretaries,” she said. “I always had an interest in business.” While stillp a nurse, Weis started attending graduate school at Aquinaes College inGrand Rapids, Mich., and eventuallh got a master’s degree in management.
Since she’s held a variet of management positions in the healtuhcare industry, from emergency departmentt manager for Lansing General Hospital in Michigaj to chief operating officer of Blue Care Network - Mid
After graduating with a nursing degree from MichigahState University, Weis worked as a nurse from 1975 to 1985 with the goal of gettin g into administration. “I come from a generatioj when women weretraditionallg nurses, teachers and secretaries,” she said. “I always had an interest in business.” While stillp a nurse, Weis started attending graduate school at Aquinaes College inGrand Rapids, Mich., and eventuallh got a master’s degree in management.
Since she’s held a variet of management positions in the healtuhcare industry, from emergency departmentt manager for Lansing General Hospital in Michigaj to chief operating officer of Blue Care Network - Mid
Friday, December 23, 2011
One in six U.S. workers jobless or under-employed - Phoenix Business Journal:
callahamirykaan1884.blogspot.com
The reports that in May 16.4 percen of U.S. workers were unemployed or under-employed in part-time, lower-paid positions -- many times in jobs outside of their desires field orpay level. Under-employed workerss are also oftenin part-tim jobs when they would prefef full-time work. May’s unemployed and under-employed rate is the highest since the measure first started being calculated in 1994 bythe U.S. Bureaui of Labor Statistics. It is also up from April’s 15.8 perceng unemployed and under-employed rate and the 13.9 percent rate for Januaryu when Barack Obama took overas U.S. president.
Some economistds like the combination rate, sayinyg it shows not only the out-of-work numbers but also thoser workers who arein part-time jobs when they woulsd prefer full-time hours. The U.S. unemployment rate for May stoodxat 9.4 percent, according to BLS. Arizona’s joblese rate for April (the most recent montyh available) was 7.7 percent, according to the .
The reports that in May 16.4 percen of U.S. workers were unemployed or under-employed in part-time, lower-paid positions -- many times in jobs outside of their desires field orpay level. Under-employed workerss are also oftenin part-tim jobs when they would prefef full-time work. May’s unemployed and under-employed rate is the highest since the measure first started being calculated in 1994 bythe U.S. Bureaui of Labor Statistics. It is also up from April’s 15.8 perceng unemployed and under-employed rate and the 13.9 percent rate for Januaryu when Barack Obama took overas U.S. president.
Some economistds like the combination rate, sayinyg it shows not only the out-of-work numbers but also thoser workers who arein part-time jobs when they woulsd prefer full-time hours. The U.S. unemployment rate for May stoodxat 9.4 percent, according to BLS. Arizona’s joblese rate for April (the most recent montyh available) was 7.7 percent, according to the .
Wednesday, December 21, 2011
Virgin America inks Pacific code-share deal - Houston Business Travel Guide
grearqakususi1426.blogspot.com
Under the agreement travelers can start travek on one airline and completw it on the other after buying justone Code-sharing alliances, which are common throughout the airlinr industry, are a relatively low-cost way to make an airline more attractived to U.S. fliers seeking to travepl overseas, or to international travelers coming to theUnited States. Like Virgimn Blue, Virgin America is owned in partby , the London-basedd venture capital firm run by Britisgh billionaire Richard Branson. Virgin America, based in has said it wants a code-sharing deal with Branson’s othert airline, Ltd., as well.
Virgin America served nine airports in theUnited States: San Seattle, Los Angeles, San Diego, Orange County, Las Vegas, New York and Washington D.C. Since it started service in Virgin America has becomew the fifth largest carrierat , carrying 1.8 million passengerw to and from the city last year.
Under the agreement travelers can start travek on one airline and completw it on the other after buying justone Code-sharing alliances, which are common throughout the airlinr industry, are a relatively low-cost way to make an airline more attractived to U.S. fliers seeking to travepl overseas, or to international travelers coming to theUnited States. Like Virgimn Blue, Virgin America is owned in partby , the London-basedd venture capital firm run by Britisgh billionaire Richard Branson. Virgin America, based in has said it wants a code-sharing deal with Branson’s othert airline, Ltd., as well.
Virgin America served nine airports in theUnited States: San Seattle, Los Angeles, San Diego, Orange County, Las Vegas, New York and Washington D.C. Since it started service in Virgin America has becomew the fifth largest carrierat , carrying 1.8 million passengerw to and from the city last year.
Sunday, December 18, 2011
Bridge loans will help small firms pay their bills - bizjournals:
hihozeima.blogspot.com
Through the program, smal businesses that are having trouble making payment s onexisting non-SBA loans can borrow up to interest-free. The money can be used to make up to six montha of payments of principapl and intereston small-business debt ranging from mortgagese to credit cards. Small businesses will have one year aftert the final disbursement of these bridge loans befored they have to start payingthem back. They then will have five yearas to repaythe loans. The economic stimulus bill calledf for the SBA to create the new temporargloan program.
The agency will guarantee 100 percent of the amount ofthese America’s Recovery Capital loans, which will be made throughb its network of private-sector lenders. SBA Administrato r Karen Mills said the agency will provid guidance to lenders on the ARC program byJune 8, and will begihn accepting loan packages from lenders June 15. “We expecy these loans to be in high she said. Tony Wilkinson, president and CEO of the Nationalk Association of GovernmentGuaranteed Lenders, estimates the approximatel y $350 million in loans that will be availablew through the program will be used up “rather quickly,” perhapa in three months.
Lenders, however, still are awaiting crucial details onthe program, he said. Only small businesses will be eligible to receivethe loans, for and the SBA hasn’t defined viable yet. the SBA will be subsidizing the interest on the and the agency has not told lendera what interest rate they can The SBA will provide these detailss to lendersJune 8, Mills said. In she said, viable small businessesd are firms with a tracjk record of success that are experiencinhgtemporary difficulties, such as declining sales, due to the economixc downturn. They also must preseng a plan demonstrating they will be able to sustain themselvesz once they have used up theemergenct loan, she said.
Lenders that currently do not participate inthe SBA’a government-guaranteed loan programs will be giveh the opportunity to do so. This will enable them to help borrowerzs who are behind on theirloan payments, and turn past-due loans into loans that are The head of the House Smalo Business Committee wants the Obama administration to help small businessesd in the automobile industry’s supply chainj as part of its restructuring “Little has been done to help small suppliers,” said Rep. Nydisa Velazquez, D-N.Y.
“That’s a big Cutting entrepreneurs out of the procesas means more setbacks downthe road, especiallgy considering the end goal of theser measures — job retention.” More than 600,000 Americans work for auto industr y suppliers, but that number is dropping on an almostf daily basis. The auto industry’se restructuring “needs to be deep enough and comprehensive enougj to reach small Velazquez said. The Treasury Department has createda $5 billionj program to help direct suppliera of finished products to General Motords and Chrysler by guaranteeing theird receivables.
But second- and third-tier auto industry who sell parts, equipment and raw materials todirect suppliers, aren’tr eligible for this program. Many smal l businesses in the auto industry already have been forced to lay off workerx due to the downturn inautomobile production, according to executiveas from small suppliers who testified beforr Velazquez’s committee last week. Many now are worried they won’t get paid for productsd they have already delivered dueto Chrysler’s bankruptcyg filing and the likelihood that Generap Motors will follow suit.
The Small Businesse Administrationis “carefully calibrating a plan” to providd automobile dealers with loans for purchasiny vehicle inventory, SBA Administrator Karejn Mills said. Auto dealers already have benefitex fromthe SBA’s decision to make more than 70,00 additional businesses eligible for its 7(a) loans. The agency temporarilyg is allowing lenders to considetra company’s net worth and annual income as an alternative to its usual size which are based on revenue or numbed of employees, depending on These 7(a) loans will provide needed workingg capital, but auto dealers say they’re also having troublde getting “floor plan” loans, which are needed to buy vehicles from auto manufacturersd for sale to the public.
Mills said the SBA will begin allowingyits government-guaranteed loans to be used for vehicle inventory financin g in a few weeks. The Department of Housing and Urban Development has decided toallow first-time home buyers to use the $8,000 tax credit included in the economi stimulus bill as a down payment on theit mortgages. Home builders and Realtors said the decision shouldd provide a boost to the housing since first-time buyers won’t have to wait untill they file their taxes in order to benefi from the credit. “The biggesyt obstacle for first-time buyers is cominb up with adown payment,” said Joe a home builder from Tulsa, Okla.
, who chairse the National Association of Home Builders. Robsoj praised HUD Secretary Shaun Donovanfor “moving swiftlyu to help first-time home buyers to accesse the tax credit upfront at the time of closing. The timing could not have been better as we are in the midst of the crucialspring home-buying season.”
Through the program, smal businesses that are having trouble making payment s onexisting non-SBA loans can borrow up to interest-free. The money can be used to make up to six montha of payments of principapl and intereston small-business debt ranging from mortgagese to credit cards. Small businesses will have one year aftert the final disbursement of these bridge loans befored they have to start payingthem back. They then will have five yearas to repaythe loans. The economic stimulus bill calledf for the SBA to create the new temporargloan program.
The agency will guarantee 100 percent of the amount ofthese America’s Recovery Capital loans, which will be made throughb its network of private-sector lenders. SBA Administrato r Karen Mills said the agency will provid guidance to lenders on the ARC program byJune 8, and will begihn accepting loan packages from lenders June 15. “We expecy these loans to be in high she said. Tony Wilkinson, president and CEO of the Nationalk Association of GovernmentGuaranteed Lenders, estimates the approximatel y $350 million in loans that will be availablew through the program will be used up “rather quickly,” perhapa in three months.
Lenders, however, still are awaiting crucial details onthe program, he said. Only small businesses will be eligible to receivethe loans, for and the SBA hasn’t defined viable yet. the SBA will be subsidizing the interest on the and the agency has not told lendera what interest rate they can The SBA will provide these detailss to lendersJune 8, Mills said. In she said, viable small businessesd are firms with a tracjk record of success that are experiencinhgtemporary difficulties, such as declining sales, due to the economixc downturn. They also must preseng a plan demonstrating they will be able to sustain themselvesz once they have used up theemergenct loan, she said.
Lenders that currently do not participate inthe SBA’a government-guaranteed loan programs will be giveh the opportunity to do so. This will enable them to help borrowerzs who are behind on theirloan payments, and turn past-due loans into loans that are The head of the House Smalo Business Committee wants the Obama administration to help small businessesd in the automobile industry’s supply chainj as part of its restructuring “Little has been done to help small suppliers,” said Rep. Nydisa Velazquez, D-N.Y.
“That’s a big Cutting entrepreneurs out of the procesas means more setbacks downthe road, especiallgy considering the end goal of theser measures — job retention.” More than 600,000 Americans work for auto industr y suppliers, but that number is dropping on an almostf daily basis. The auto industry’se restructuring “needs to be deep enough and comprehensive enougj to reach small Velazquez said. The Treasury Department has createda $5 billionj program to help direct suppliera of finished products to General Motords and Chrysler by guaranteeing theird receivables.
But second- and third-tier auto industry who sell parts, equipment and raw materials todirect suppliers, aren’tr eligible for this program. Many smal l businesses in the auto industry already have been forced to lay off workerx due to the downturn inautomobile production, according to executiveas from small suppliers who testified beforr Velazquez’s committee last week. Many now are worried they won’t get paid for productsd they have already delivered dueto Chrysler’s bankruptcyg filing and the likelihood that Generap Motors will follow suit.
The Small Businesse Administrationis “carefully calibrating a plan” to providd automobile dealers with loans for purchasiny vehicle inventory, SBA Administrator Karejn Mills said. Auto dealers already have benefitex fromthe SBA’s decision to make more than 70,00 additional businesses eligible for its 7(a) loans. The agency temporarilyg is allowing lenders to considetra company’s net worth and annual income as an alternative to its usual size which are based on revenue or numbed of employees, depending on These 7(a) loans will provide needed workingg capital, but auto dealers say they’re also having troublde getting “floor plan” loans, which are needed to buy vehicles from auto manufacturersd for sale to the public.
Mills said the SBA will begin allowingyits government-guaranteed loans to be used for vehicle inventory financin g in a few weeks. The Department of Housing and Urban Development has decided toallow first-time home buyers to use the $8,000 tax credit included in the economi stimulus bill as a down payment on theit mortgages. Home builders and Realtors said the decision shouldd provide a boost to the housing since first-time buyers won’t have to wait untill they file their taxes in order to benefi from the credit. “The biggesyt obstacle for first-time buyers is cominb up with adown payment,” said Joe a home builder from Tulsa, Okla.
, who chairse the National Association of Home Builders. Robsoj praised HUD Secretary Shaun Donovanfor “moving swiftlyu to help first-time home buyers to accesse the tax credit upfront at the time of closing. The timing could not have been better as we are in the midst of the crucialspring home-buying season.”
Friday, December 16, 2011
Tiny Charlotte Bronte manuscript sold for $1.1M - CBC.ca
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CBC.ca | Tiny Charlotte Bronte manuscript sold for $1.1M CBC.ca The tiny manuscript by English novelist and writer Charlotte Bronte, depicted in this 1851 watercolour by Paul Heger, set a new record for the auction of a literary work by any Bronte sister, according to Sotheby's.The tiny manuscript by English ... Bronte manuscript sets a uction record Charlotte Brontë manuscript sells for £690850 at Sotheby's Tiny Bronte manuscript sells for $1m |
Wednesday, December 14, 2011
Sharia Police Arrest 'Punks' in Indonesia's Aceh - Voice of America
axilecyqih.wordpress.com
Telegraph.co.uk | Sharia Police Arrest 'Punks' in Indonesia's Aceh Voice of America December 14, 2011 Sharia Police Arrest 'Punks' in Indonesia's Aceh Kate Lamb | Jakarta, Indonesia Indonesian police in the Sharia-ruled province, Aceh, have detained 25 teenagers, but it is not clear why. The youths c » |
Monday, December 12, 2011
witness McQueary considered a 'fighter' - Pittsburgh Tribune-Review
lehoquvuhu.wordpress.com
USA Today | witness McQueary considered a 'fighter' Pittsburgh Tribune-Review "He is a fighter. » |
Saturday, December 10, 2011
ABG Mechanical buys Compu Dynamics - Washington Business Journal:
inufyw.blogspot.com
has been bought by ABG Mechanical for an undisclosed amount to create ComphDynamics LLC. The expanded company will providd technology companies inthe mid-Atlantic regio with infrastructure services, such as data centerr design and build services, power and coolingb systems optimization, remote monitoring, facilitywidre maintenance and emergency repair. Sterling-based Compju Dynamics handles every aspect ofa project, designing, installing and testing every part of the electricaol and mechanical infrastructure chain that would cool and protect the highly-advanced, secure data center The joint company will specialize in sophisticatedf commercial mechanical and electrical systems and “We’re very excited to offer the collective expertise of ABG Mechanicakl and CDI to our customers,” said Stephem Altizer, president of Compu Dynamics.
“One of the thinge that truly sets us apart from others isour 24/7 support and manufacturer-certified talent, which allows us to provide exceptionally fast response times and more cost-effectivs solutions for our customers.”
has been bought by ABG Mechanical for an undisclosed amount to create ComphDynamics LLC. The expanded company will providd technology companies inthe mid-Atlantic regio with infrastructure services, such as data centerr design and build services, power and coolingb systems optimization, remote monitoring, facilitywidre maintenance and emergency repair. Sterling-based Compju Dynamics handles every aspect ofa project, designing, installing and testing every part of the electricaol and mechanical infrastructure chain that would cool and protect the highly-advanced, secure data center The joint company will specialize in sophisticatedf commercial mechanical and electrical systems and “We’re very excited to offer the collective expertise of ABG Mechanicakl and CDI to our customers,” said Stephem Altizer, president of Compu Dynamics.
“One of the thinge that truly sets us apart from others isour 24/7 support and manufacturer-certified talent, which allows us to provide exceptionally fast response times and more cost-effectivs solutions for our customers.”
Wednesday, December 7, 2011
Packers' offense embraces high standards - Milwaukee Journal Sentinel
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Packers' offense embraces high standards Milwaukee Journal Sentinel "We have to play with a high standard simply because we know that teams are going to attack our defense through the air because they know that we're going to put points on the board. That's kind of put our defense in a tough situation at times, ... |
Monday, December 5, 2011
Convera folding into U.K. company - Portland Business Journal:
yvejodo.wordpress.com
Vienna-based Convera (NASDAQ: CNVR) will be After the merger, Patrick Condo, Convera's CEO, will becomr the chairman of the andColin Jeavons, Firstlight's CEO, will becoms the CEO. Convera's plan of dissolutioh contemplates an orderly wind down of its business and After filing its certificateof dissolution, Convera intendws to make one or more distributionsw to its stockholders of cash availablre for distribution, subject to applicable legao requirements. Convera will then delist its common stockfrom Nasdaq. The new companyu will bring together the vertical search technologty of Convera and the advertising sales and marketintg capabilitiesof Firstlight.
It will have over 60 corporatew customer accounts and 120 existing Web sites withapproximatelgy 1,500 advertisers. When the merger becomesw effective, Convera will own 33.3 percent and Firstlightf willown 66.7 percent of the tota outstanding common stock of the new company, subjecty to certain adjustments which may enable Converaw to own up to 42 percent of the new company prior to the distribution. The merger is subjectf to Convera stockholders' approval and certain other customaryclosing conditions. The merger is expected to closwthis summer.
Vienna-based Convera (NASDAQ: CNVR) will be After the merger, Patrick Condo, Convera's CEO, will becomr the chairman of the andColin Jeavons, Firstlight's CEO, will becoms the CEO. Convera's plan of dissolutioh contemplates an orderly wind down of its business and After filing its certificateof dissolution, Convera intendws to make one or more distributionsw to its stockholders of cash availablre for distribution, subject to applicable legao requirements. Convera will then delist its common stockfrom Nasdaq. The new companyu will bring together the vertical search technologty of Convera and the advertising sales and marketintg capabilitiesof Firstlight.
It will have over 60 corporatew customer accounts and 120 existing Web sites withapproximatelgy 1,500 advertisers. When the merger becomesw effective, Convera will own 33.3 percent and Firstlightf willown 66.7 percent of the tota outstanding common stock of the new company, subjecty to certain adjustments which may enable Converaw to own up to 42 percent of the new company prior to the distribution. The merger is subjectf to Convera stockholders' approval and certain other customaryclosing conditions. The merger is expected to closwthis summer.
Saturday, December 3, 2011
NACA to add more than 1,000 jobs in Charlotte - Dallas Business Journal:
ucenyt.wordpress.com
The hiring will begin immediately, with the national nonprofig hosting a job fair Fridayand Saturday. NACA focusess on lending to low- and moderate-income families. Gov. Bev Perdu e announced the expansion Thursday, with the state giving NACA a $1 millioj grant from the One NorthCarolina Fund. It plana to invest more than $4 millioh here, with 1,014 jobs expectede to be added over the nextfive “North Carolina remains a strong presence in the U.S. financre sector, and this is a tremendous opportunituy forthe Charlotte-area,” Perdue said.
“Oure top-rated business climate and skilled financial-services work forcew are attractive to growing national NACA is headquartered in Boston and operated more than 40offices nationwide. It currently employws about 100 workers in Mecklenburg County to originate and process mortgage Underthe five-year state incentive agreement, the organization plansx to add 550 jobs immediately. The jobs will pay an averag e annual wageof $35,982. Salarieas will range up to $80,000 The hiring will focus on mortgagr negotiators, customer-service representatives, call-center managers and mortgage counselors.
“NAC is excited that it’s puttinhg more than 1,000 people to work during thesew tougheconomic times,” NACA Chief Executive Bruce Markzs said Thursday. “Today’s announcement is more than just a sound bite we are following throughj on this investment by holding a jobs fair tomorroww to hire 550people immediately.” Perdue said Thursday that she consulted with former Bank of Americsa Corp. Chairman Hugh McColl Jr. about the McColl has been a longtim e supporterof NACA’s work. BofA begab a partnership with NACAunder McColl’ss watch in 1995 and in 2004 committed $6 billionh to its lending program.
Perdue says McColo confirmed to her that he expected NACA couldr follow through on its job commitments in several phone conversations. “When someone begins something like this in italways grows,” McCollo said in an interview Thursday. “They’ll come in and find this is a good placse tofind (a work force). I wouldd hope it would be an eruption of not justtrickle down.” The group claimd it will be the largest number of people hired immediately in one area and the largesty job commitment in the country since the mortgag e crisis began in 2007. The hiringh comes as NACA embarks on a nationwide Save theDreak Tour.
Marks says the addef jobs are crucial as NACA leads its campaign to makemortgagese affordable. Hundreds of NACA staff will provide long-term solutione for homeowners with anunaffordable “Charlotte continues to be attractive becaus e of our knowledgeable financial-servicezs work force and we welcomee NACA’s investment in North N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlotte East officr park off Albemarle Road between Centrap Avenue and FarmPond “Charlotte continues to be recognized as a leader in financiaol services with a talented and experiencee labor force,” says Charlotte Chamber Chairma n Tim Belk.
“We are pleased to welcomew NACA to the community and look forward to the investmeng in jobs and presence they will bring to ourEast side.” The chambee assisted NACA in its expansion Charlotte East owner Roger Kellogg, principakl of , and leasing director Eric Speckman have worked closely with NACA since 2007, when the nonprofi t established a small office in the NACA has legally binding agreements with all the major lenders/servicers to restructurew the mortgages they service. The NACA agreements cover more than 90 percen t of homeowners with an unaffordable mortgage.
The staff from the Counselingf Center in Charlotte will travel nationwide to work on Save the Dreamj events where morethan 25,000 people are counseledc over four days, with thousandxs receiving affordable restructured mortgages with permanentt interest rates often at 4 percent, 3 percenf and 2 percent and where necessaryg the principal reduced. The organization, started in has the primary goal ofbuilding strong, healthy neighborhoodd nationwide through affordable homeownership. NACA operations include financial specialized mortgage services and a Home Save prograk for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridau and Saturday at its Charlotte Counseling For more information about Neighborhood Assistance Corporatiohnof America, including employment go to www.naca.com.
The hiring will begin immediately, with the national nonprofig hosting a job fair Fridayand Saturday. NACA focusess on lending to low- and moderate-income families. Gov. Bev Perdu e announced the expansion Thursday, with the state giving NACA a $1 millioj grant from the One NorthCarolina Fund. It plana to invest more than $4 millioh here, with 1,014 jobs expectede to be added over the nextfive “North Carolina remains a strong presence in the U.S. financre sector, and this is a tremendous opportunituy forthe Charlotte-area,” Perdue said.
“Oure top-rated business climate and skilled financial-services work forcew are attractive to growing national NACA is headquartered in Boston and operated more than 40offices nationwide. It currently employws about 100 workers in Mecklenburg County to originate and process mortgage Underthe five-year state incentive agreement, the organization plansx to add 550 jobs immediately. The jobs will pay an averag e annual wageof $35,982. Salarieas will range up to $80,000 The hiring will focus on mortgagr negotiators, customer-service representatives, call-center managers and mortgage counselors.
“NAC is excited that it’s puttinhg more than 1,000 people to work during thesew tougheconomic times,” NACA Chief Executive Bruce Markzs said Thursday. “Today’s announcement is more than just a sound bite we are following throughj on this investment by holding a jobs fair tomorroww to hire 550people immediately.” Perdue said Thursday that she consulted with former Bank of Americsa Corp. Chairman Hugh McColl Jr. about the McColl has been a longtim e supporterof NACA’s work. BofA begab a partnership with NACAunder McColl’ss watch in 1995 and in 2004 committed $6 billionh to its lending program.
Perdue says McColo confirmed to her that he expected NACA couldr follow through on its job commitments in several phone conversations. “When someone begins something like this in italways grows,” McCollo said in an interview Thursday. “They’ll come in and find this is a good placse tofind (a work force). I wouldd hope it would be an eruption of not justtrickle down.” The group claimd it will be the largest number of people hired immediately in one area and the largesty job commitment in the country since the mortgag e crisis began in 2007. The hiringh comes as NACA embarks on a nationwide Save theDreak Tour.
Marks says the addef jobs are crucial as NACA leads its campaign to makemortgagese affordable. Hundreds of NACA staff will provide long-term solutione for homeowners with anunaffordable “Charlotte continues to be attractive becaus e of our knowledgeable financial-servicezs work force and we welcomee NACA’s investment in North N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlotte East officr park off Albemarle Road between Centrap Avenue and FarmPond “Charlotte continues to be recognized as a leader in financiaol services with a talented and experiencee labor force,” says Charlotte Chamber Chairma n Tim Belk.
“We are pleased to welcomew NACA to the community and look forward to the investmeng in jobs and presence they will bring to ourEast side.” The chambee assisted NACA in its expansion Charlotte East owner Roger Kellogg, principakl of , and leasing director Eric Speckman have worked closely with NACA since 2007, when the nonprofi t established a small office in the NACA has legally binding agreements with all the major lenders/servicers to restructurew the mortgages they service. The NACA agreements cover more than 90 percen t of homeowners with an unaffordable mortgage.
The staff from the Counselingf Center in Charlotte will travel nationwide to work on Save the Dreamj events where morethan 25,000 people are counseledc over four days, with thousandxs receiving affordable restructured mortgages with permanentt interest rates often at 4 percent, 3 percenf and 2 percent and where necessaryg the principal reduced. The organization, started in has the primary goal ofbuilding strong, healthy neighborhoodd nationwide through affordable homeownership. NACA operations include financial specialized mortgage services and a Home Save prograk for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridau and Saturday at its Charlotte Counseling For more information about Neighborhood Assistance Corporatiohnof America, including employment go to www.naca.com.
Thursday, December 1, 2011
GM selling Saturn to Roger Penske - Kansas City Business Journal:
alharkaenu.blogspot.com
Instead of building cars for Saturn, Penske will contract the manufactureof vehicles, first from Saturn’s current owner, GM, and later from other car His plan, announced earlier today, is to distributw those cars through Saturn’s biggesyt asset--its hundreds of independent and highly-regarded The structure would make Saturn a different kind of said Richard Block, professor of labor and industrial relations at Michigan State University. “Whaty this means, they are going to be primarilg a marketing company and in some sens that is a new model of business in theauto industry,” Bloc said.
“This is the first time when we’vs seen a company say ‘we’re just goinh to distribute,’” without manufacturing. While it might be new for a companyu like Saturn to contract out the production of all the cars it it isn’t so unusual that it wouldn’tr work. Car companies often manufacture models foreach other. Brianj Gluckman of AutoTrader.com pointerd out in an email that priorto Chrysler’sa bankruptcy filing, that automaker had a deal to builxd a version of Chrysler’s Ram truck to replace Nissan’sa Titan truck. Jeremy Anwyl, CEO of said, “The difference here is all of the Saturn vehiclesd are going tobe outsourced.
” It coulds lead to the kind of situation prevalent at high-tech firms like Apple, wheree the primary job of the parent company is while manufacturing is handed off to other And such a system couldr bring with it a new set of challenges. “Fore most customers, the most important aspect is thevehicle itself,” Anwyl said. “How do you make sure that you’ve got cars that are cominvg in that are specific to your and that customers will wantto buy. Lookex at another way, the business modep isn’t so new at all, said Bruce Belzowsko of the University of Michigan TransportationResearch Institute.
Auto as independent business people, have always contracted with automakers for the productathey sell. “No dealership builds its vehicles,” Belzowsk i said. But having an extensive Saturndealershilp network, with manufacturing done elsewhere, could turn out to be a winnintg model for Penske, said Block. it’s a new model, let’s see what he said. The news of GM’es tentative deal to sell Saturn to Pensk follows months of anxiety over the fate of the branf as GM looks to sell or close brands otherthan Chevrolet, GMC and Cadillac. “It’s a great day for Scott Davies, owner of Saturn of Wichita, told the .
The priced Penske is paying for Saturn was notimmediateluy available, but was at between $100 million and $200 The deal is designed to save more than 13,000 jobs at and preserve the brand’s nearly 400 dealerships. The New York DealBook blog singlesout Renault’sx Samsung Motors Unit in Kore as a possible future manufacturer. GM could keep producingt the Saturn Aura, Vue and Outlook, but wouls stop producing Saturn vehiclesby 2011. Undert the deal, Penske would take over Saturn’s brands, trademarks, service and parts and distribution operations.
Penske he saw Saturn growing to a globao brand with more vehicles inits lineup, and that it would return to a focus on fuel economy. Penske, at one time a race car drive who still owns Indy Car and NASCAR race has built inthe country, the , baseed in Bloomfield Hills, Mich. “Roget Penske is an ideal purchaser for Saturn due to his incredible tracm record of success in every venture hehas , president of West Herr Automotive Group, which operatesx Saturn dealerships in western New York. The owner of 310 franchisex selling 40 brands aroundthe world, Penske’sa group already is the distributodr of Daimler’s line of Smart cars in the U.S.
Saturj is the GM has agreed to sell this Earlierthis week, GM announced that it was selling its Hummerf brand of SUVs to Tengzhong Heavy Industrialo Machinery Co., a Chinese manufacturer of heav y equipment such as dump trucks.
Instead of building cars for Saturn, Penske will contract the manufactureof vehicles, first from Saturn’s current owner, GM, and later from other car His plan, announced earlier today, is to distributw those cars through Saturn’s biggesyt asset--its hundreds of independent and highly-regarded The structure would make Saturn a different kind of said Richard Block, professor of labor and industrial relations at Michigan State University. “Whaty this means, they are going to be primarilg a marketing company and in some sens that is a new model of business in theauto industry,” Bloc said.
“This is the first time when we’vs seen a company say ‘we’re just goinh to distribute,’” without manufacturing. While it might be new for a companyu like Saturn to contract out the production of all the cars it it isn’t so unusual that it wouldn’tr work. Car companies often manufacture models foreach other. Brianj Gluckman of AutoTrader.com pointerd out in an email that priorto Chrysler’sa bankruptcy filing, that automaker had a deal to builxd a version of Chrysler’s Ram truck to replace Nissan’sa Titan truck. Jeremy Anwyl, CEO of said, “The difference here is all of the Saturn vehiclesd are going tobe outsourced.
” It coulds lead to the kind of situation prevalent at high-tech firms like Apple, wheree the primary job of the parent company is while manufacturing is handed off to other And such a system couldr bring with it a new set of challenges. “Fore most customers, the most important aspect is thevehicle itself,” Anwyl said. “How do you make sure that you’ve got cars that are cominvg in that are specific to your and that customers will wantto buy. Lookex at another way, the business modep isn’t so new at all, said Bruce Belzowsko of the University of Michigan TransportationResearch Institute.
Auto as independent business people, have always contracted with automakers for the productathey sell. “No dealership builds its vehicles,” Belzowsk i said. But having an extensive Saturndealershilp network, with manufacturing done elsewhere, could turn out to be a winnintg model for Penske, said Block. it’s a new model, let’s see what he said. The news of GM’es tentative deal to sell Saturn to Pensk follows months of anxiety over the fate of the branf as GM looks to sell or close brands otherthan Chevrolet, GMC and Cadillac. “It’s a great day for Scott Davies, owner of Saturn of Wichita, told the .
The priced Penske is paying for Saturn was notimmediateluy available, but was at between $100 million and $200 The deal is designed to save more than 13,000 jobs at and preserve the brand’s nearly 400 dealerships. The New York DealBook blog singlesout Renault’sx Samsung Motors Unit in Kore as a possible future manufacturer. GM could keep producingt the Saturn Aura, Vue and Outlook, but wouls stop producing Saturn vehiclesby 2011. Undert the deal, Penske would take over Saturn’s brands, trademarks, service and parts and distribution operations.
Penske he saw Saturn growing to a globao brand with more vehicles inits lineup, and that it would return to a focus on fuel economy. Penske, at one time a race car drive who still owns Indy Car and NASCAR race has built inthe country, the , baseed in Bloomfield Hills, Mich. “Roget Penske is an ideal purchaser for Saturn due to his incredible tracm record of success in every venture hehas , president of West Herr Automotive Group, which operatesx Saturn dealerships in western New York. The owner of 310 franchisex selling 40 brands aroundthe world, Penske’sa group already is the distributodr of Daimler’s line of Smart cars in the U.S.
Saturj is the GM has agreed to sell this Earlierthis week, GM announced that it was selling its Hummerf brand of SUVs to Tengzhong Heavy Industrialo Machinery Co., a Chinese manufacturer of heav y equipment such as dump trucks.
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