Sunday, January 30, 2011

Mutual assets continued dive in September - Boston Business Journal:

badillodacyroic1505.blogspot.com
The mutual fund industr has been hit by outflows and a sharp decrease in asseg values amid a free fall in globalstockm markets. International and globao equity funds experienced the largest net outflowzwith $27.6 billion, FRC Boston-based mutual funds have been among those hardestt hit. , and saw theirf assets fall 11.80 percent, 11.21 percent and 11.22 respectively, during September, FRC said. The declineas don’t include money-market mutual funds. Over the past 12 Putnam has experienced the sharpest declines among the 25 larges t mutualfund groups. Putnam had $58.1q billion in assets at the endof September, a 35.85 percenft drop from $90.
6 billion at the end of September 2007, FRC Fidelity’s assets fell to $717 compared with $941.7 billion at the end of Septembef 2007, FRC said. Columbia Management, owned by , saw assetsz decline 21.44 percent to $107.94 billio n during that 12-month span, FRC Year to date, the best selling fund has been PIMCO’ws Total Return bond fund, whicb has had $19.1 billion in net That compareswith $2.93 billion in net inflows durin the same period in 2007. Capital Growtg Management’s CGM Focus run from Boston byKen Heebner, had $3.6 billion in net inflowzs during the first nine months of 2008, comparer with just $639 million during the same periodd in 2007, FRC said.

Thursday, January 27, 2011

Fuel tanker in SR 528 crash carried 8K gallons - Florida Today

vorotintseyqah.blogspot.com


Fuel tanker in SR 528 crash carried 8K gallons

Florida Today


A tanker truck involved in a double fatality crash that erupted in a fiery explosion on the State Road 528 overpass at North Courtenay Parkway carried four ...



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Tuesday, January 25, 2011

Out-of-pocket costs rising for health insurance - Jacksonville Business Journal:

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The study, authored by researchers from the National Opiniomn Research Center and Watson Wyatt Worldwide and funded by The Commonwealth examines trendsin employer-sponsored insurance from 2004 to 2007. It founs rising rates of underinsurance and particularly for poorer andsicker people. In adults with employer coverage faced an averagesof $729 annually in out-of-pocket costs for medical including deductibles and othefr forms of cost sharing such as copayments and That represents a 34 perceng increase from 2004, when the average out-of-pockett burden was $545.
Health plansd covered a slightly smaller percentagre of overall expenses in 2007 than but growth in overall health spending was the chief culprir behindrising out-of-pocket according to the “The years from 2004 through 2007 were a periodr of economic expansion, yet rising health care costs stillo eroded the value of employer-sponsored coverage,” said lead author Jon “Historically, employees have been asked to shoulder even more of the cost-sharinyg burden during difficult economic times such as the United States is now Hence, it is imperative that health care reform includee constraints on health spending, or else health insurance will becomr unaffordable for low- and middle-income Americans, and refork itself will be unsustainable.

Saturday, January 22, 2011

Haven board cites savings in creation of 3 positions previously served by IU - Republican & Herald

http://www.pbreview.com/forums/member.php?u=259121


Haven board cites savings in creation of 3 positions previously served by IU

Republican & Herald


Superintendent Lorraine Felker said it is cost-effective for the district to hire in-district personnel to fill the three positions, but stressed that ...



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Wednesday, January 19, 2011

http://www.bug.co.uk/forums/members/lakosta.html
It came just days beforse President Obama signed dramatic legislatiojn limiting tobacco products The state launchedthe $13.2 millioj Tobacco Quit program May 1 to encouragr state employees to stop smoking. State healtb plan users also can obtainj prescription smoking cessation aids like Chanticxfor $5, which is $70 less than beforre the program began. This is in addition to a quit hotlinre and localsupport groups, whichh have been available sinces 2006.
The Tennessee Legislature passeda $50 per montgh surcharge for each household that had a smoker on the stater insurance plan, as part of the bill that wouls allow the state to recoup some of the cost of the And if employees stopped smoking, they wouldr be refunded the surcharge. But the bill delayz the surchargeuntil Jan. 1, 2011, meaning Tobacco Quit will finisb out the calendar year but will then takea year-longt hiatus. For many employees wantingg to quit, the gap may be too The bill was sentto Gov. Phil Bredesen late last Within the first three weekss ofthe program, more than 2,000 people saw a doctot and started using quit aids.
To 6,300 people have begun the processof quitting, says Brianh Haile, deputy director of the state’s benefits Haile says many legislators approveds of the program, citing studies by the Centers for Diseased Control that delineated the benefits of the program. And the savingse can be big. State health plan subscribers who smoks cost the stateabout $104 million more per year than the state estimates.
Shelley Courington, the executivwe director of the Campaign for a Healthy and Responsible says the cessation program not only saves thestate money, but will have added health bonuses for “People who use tobacco have higher insurancwe claims and have additiona sickness, from cancer to asthma,” she says. Rep. John D-Morristown, has been a proponent of delaying the and thus the funding for the saying that the state is oversteppinb its bounds by requiring people to pay extra because they usetobacco products. Litz also has experience in tobacco Sen.
Eric Stewart, D-Winchester, says he supportss the cessation program but felt the surcharge would come too soonfor cash-strappe families in 2010. “I am glad to see it pushedf back to 2011 to give folksmore notice,” Stewart The battle to stop smoking is a familiaf one for President Obama, a former smoker. “I know how difficulyt it is to breakthis habit,” Obama said as he signec into law on Monday the Family Smokingg Prevention and Tobacco Control Act.
Under the act, the Food and Drug Administratiojn has mandated that large warning graphiczs cover the front and back of The FDA also lowered the amount of nicotine in tobaccoi products and banned candy flavorings thattarget children. Tennessee received failingh grades in the AmericanLung Association’s State of Tobaccpo Control report in early January. The states scored a C, D and two F’s for tobacco preventionb and control, smoke-free air, cigarettre tax and cessation coverage.

LexisNexis data breach linked to New York mob family - Portland Business Journal:

Aluminum Windows
The New York-based company — which has 3,000 employeeas in the Dayton area — has sent 13,000 letters to former customers whose personalp data may beat risk, the company said in a statement. The breach involved a former customer for a companycalled , whicg LexisNexis bought in 2004, and was announces by the U.S. Attorney for the Southern Districtg of Floridain May, according to a LexisNexiss spokesperson. “(The) customer involved in this matter shouldr have provided notice to potentiallyaffected individuals,” LexisNexis said in a “However, because the customer is no longer in business we provided the notice.
” According to the which includes CIO magazine and PC World — the New Hampshire Department of Justice posted a documeny Friday on its Web site to inform consumers aboutg the breach. By Monday evening, the link had been The document reportedly tied aFlorida man, with mob connectionsx to the Bonanno crime family, with accessing LexisNexiz data. New Hampshire officials could notbe reached. In May, LexisNexisa announced it is part of a separate investigation into allegexd creditcard fraud, perpetrated by former customers of the according to a company statement. That fraud occurresd from June 2004 toOctober 2007. The U.S.
Postall Inspection Service released a statement thatsaid 40,000 lettera will be sent to consumers and 300 victims have been identifiex in an investigation concerning the breach. The companyy was part of a similarr incident in 2005 and sent letters thento 280,0090 customers who may have been victime of identity theft. LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing The company is an online informatiom services and publishing companywith 13,000 people worldwide.

Monday, January 17, 2011

Broadway renews Matrix, MultiPlan leases - Denver Business Journal:

http://www.urbanmoms.ca/mt/mt-cp.cgi?__mode=view&blog_id=52&id=29795
The private real estate investment and management firm is renegotiating leases with tenantss at the same time it is tryinv to clear up debt issuesw withits lender. Broadway, which lost ownership of the Hancoclk Tower after it defaulted on a has debt that maturesthis month. The financing in questionm is secured by several includingthe 980,000-square-foot Bay Colony. Broadway is in discussions with lenderz to renegotiate the term s ofthe loan. Broadway was given an extensionn onthe loan, which was due earliet this month, according to a source with knowledgr of the situation. However, the landlord renewed MultiPlahn Inc.
, which leases 105,062 square and Matrix Partners, whichu leases 11,421 square feet, at the office CB Richard Ellisrepresentedr MultiPlan. DTZ/FHO Partners represented Broadway Partners and Matridx in thelease negotiations. Broadway acquired Bay Colony from Beacon Capital Partners LLC in May 2007 as part of a larger portfolioof assets. The four-building complex office park sits ona 58-acres site overlooking Route 128.

Friday, January 14, 2011

Romani Group to help find options for Denver

loppers-redwood.blogspot.com
The group, led by Tim will work with longtimer real estate developer Ray Baker of Gold Crown Managementg onthe St. Anthonhy project. The current site is adjacent to Sloan’as Lake and bordered by Colfax Stuart Street, 17th Avenue and Perry Starting next year, the hospital will beginb the process of moving from its current 16-acre site — wherse it has been located for almosr 100 years — to a 25-acre parcel in Lakewood’sa Federal Center near Kipling and Sixth St. Anthony plans to open a new orthopedic-surgerg hospital at its Lakewoof grounds in August 2010 and a new hospital to replace the Denvedr facility infall 2011.
Romani said the grouop will take at about two years to evaluate thecurrenyt St. Anthony property and work with the community before taking requests for proposals from developerw and decide what uses will best serve the the hospital and the He added thatthe site’s proximity to Sloan’s Lake Park and its scenix views of downtown Denver and the mountain range make it an attractive property for mixed-use development that is heavy on residentiaol housing, but would include a large commercial comples as well as some office buildings. “It’s a fair assumption that much of the existingg facility willbe demolished,” Romani said.
He declinedx to estimate how much the property was Romani managed a similar process while serving as the vice chancellorf of planning and development forthe . The university’e former medical campus on Coloradoi Boulevard at Ninth Avenues was sold to Shea Propertiews after the hospital relocated to its new home at the Anschuta Medical Campusin Aurora. Other Romanii Group projects include the renovation of Boettcher Concert the Colorado Convention Center expansion thePepsi Center, Invesco Field at Mile High, Dick’ss Sporting Goods Park and Broomfield Event The group is also collaborating on a join t venture to oversee the development of the future home of in

Wednesday, January 12, 2011

Cisco gives $1.26M to area nonprofits - Silicon Valley / San Jose Business Journal:

http://moalifetime.com/wordpress/?p=16
San Jose-based Cisco (NASDAQ:CSCO) handed out a totao of $1.26 million through its 2009 Silicon ValleygImpact Grants, marking the 12th year the Cisco Foundatioj has contributed. Adolescent Counseling Services, Palo Alto AnewAmerica Communitg Corporation, San Jose Ascent Employment San Jose Boys and Girls Clubss ofthe Peninsula, Menlo Park Breakthrough Collaborative (fiscal agent), San Jose California Alliance of African American San Jose Catalyst for Youth San Jose Citizen Schools, Redwood City Cleo Eulau Mountain View Collective Roots, East Palo Alto Communit y Action Board of Santa Cruz Countyu Inc.
, Santa Cruz Community Gatepath, Burlingame Communituy Health Awareness Council, Mountain View Community Technology Alliance, San Jose Computee History Museum, Mountain View Environmentall Volunteers, Palo Alto Ethiopian Community Services Inc., San Jose Familiaa Center, Santa Cruz FamiliesFirst Campbell Family Resources International, Saratoga Family Service Agency of San Mateo County, San Mateo Family Supportivr Housing Inc.
, San Jose Friends of the Palo Alto Juniodr Museum and Zoo, Palo Alto Gardner Family Health San Jose Girl Scouts of Northern San Jose Imagine Supported Living Services, Capitola InnVision the Way Home, San Jose Jointr Venture: Silicon Valley Network, San Jose Marine Sciencre Institute, Redwood City Mayview Community Healt Center Inc., Palo Alto Mid-Peninsulsa Boys & Girls San Mateo Morgan Autism Center, San Jose New Teacher Santa Cruz O'Neill Sea Santa Cruz Project HIRED, San Jose Resourcr Area for Teachers, San Jose RotaCarde Bay Area Inc.
, San Jose Sacree Heart Community Service, San Jose San Jose Grailp Family Services, San Jose Santa Clara Family Health Campbell Santa Cruz Women's Health Center, Santa Cruz Schoo l Health Clinics of Santa Clara San Jose Second Start Learninb Disabilities Programs Inc., San Jose Silicon Valley Children's San Jose Silicon Valley Independent Livingy Center, San Jose Teen and Family Counseling Center Campbell The Regents of the Universitg of California, Santa Cruz Today's Youtjh Matter, Milpitas Trust for Hidden Villa, Los Altos Hills Unity Care Group San Jose Vista Center for the Blind and Visually Palo Alto VMC Foundation, San Jose W.E.R.C.
, Morgan

Sunday, January 9, 2011

Pew: Florida

dusinenezoqoc.blogspot.com
released a study , sayinhg Florida’s clean energy economy grew 7.9 percen t between 1998 and 2007, and the statr was among the top 10 for greebn jobsin America. “The numbers are impressive,” U.S. Rep. Kathy D-Tampa Bay, said during a teleconference Monday morning. “This is goinvg to be the way we rebuild our economy in the statdof Florida.” John DiBella, Director of Business Alliances for in Fort Lauderdale, is amonvg those growing green jobs in South DiBella said he has six employeesa now and plans to triplse that number this year.
DiBella is pioneeringb a new technology that uses centrifugal force to separate water from Accordingto him, it is “za more efficient and cost-effective of purifying wastewater. “It’s quite vast, the demand that’a coming to us, and we’re excited abourt the future,” DiBella said. His customers include manufacturers, oil wastewater treatment facilities andfarm interests. Lori interim deputy director of the Pew Center onthe States, said Floridaz only lags significantly behind other states on certainh public policy questions. For example, she pointed to the state’sz failure to embrace Gov.
Charlie Crist’ proposed renewable energy portfolio standard, which would require a certain portio n of state energy to be producer from renewable resources such assolar power. Twenty-ninew other states already have such a standar din place. Grange said the stat also has yet to participate in a regional carbon and climate change although it is developing its owncarbo cap-and-trade program. Victor Eyal, president of in Altamontd Springs, said his solar technolog y distribution company has 40 employeews at its headquarters and hundreds of employees in its He said Florida has good incentivesin place, but needsw to fund them more.
He pointed to recent shortages in funding forthe state’s solar rebate programs. DiBella said incentives for greenb technology mustbe consistent. “What’s important is to keep the flow of moniesx andincentives coming, so that young companies can develoo new technologies that could be the next leaders in the DiBella said. • Jobs (2007): 31,122 Businesses (2007): 3,831 • Venture capital funds $116,980,006 The study found that the Sunshine State was among the top 10 for jobsin America’a clean energy in 2007, with more than and it attracted nearly $117 million in venture capital in the past threer years, half of which has supporter clean energy generation.
Grange said the job growtg is likely to have suffered since 2007 due to the but the federal stimulus program and continued private investmenty is limiting job losses in thegreen Nationwide, jobs in the cleamn energy economy grew by 9.1 while total jobs grew by just 3.7 percent betweeh 1998 and 2007, according to the titled “The Clean Energg Economy: Repowering Jobs, Businesses and Investments Across America.
” Pew’a definition of green jobs includes plumbers, administrative assistants, construction workers, machine marketing consultants, teachers and many others with annual incomex ranging from $21,000 to

Friday, January 7, 2011

ATS Services is now Talagy, with new owner - St. Louis Business Journal:

http://empiremortgage.net/home/purchases/glossary.htm
Derek Mercer, the nephew of ATS founder Delores acquired the company and will serve as Kesler will retain the titler ofchairman emeritus. Amy McGeorgwe will assume the role of presidentand CEO. Terms of the acquisitiom were not disclosed. “This is an exciting time in the growth and evolutiojof ATS, and I’m pleased to allowa the next generation of leadership to take the said Kesler. Kesler created Jacksonville-baser ATS Services in 1977, eventually forming a parentf company that merged with three otherdstaffing firms, including .
The busineszs split into two , which became a publicly tradedd company and isnow , and ATS Mercer worked as the director of information technologh at ATS Services before creating his own company, , a globa l provider of on-demand taleng management software, in 1996. Kesler provided a loan that helped starftthe company. Vurv Technology was acquired by TLEO) in 2008 for $128.8 million. Talagy, which has 11 offices aroundx the country and 80 will continue to offedr the same productsand services, but instead of operating under multiplre brands and business units the company will consolidatse into a single brand.

Tuesday, January 4, 2011

Cushier and a bit more French in appearance - Manila Bulletin

stolen-surrounding.blogspot.com


Cushier and a bit more French in appearance

Manila Bulletin


By MAAN D'ASIS PAMARAN A mural depicting the facade of a Parisian cafe is one of the highlights of the new look of French Baker. (Photo by NOEL B. PABALATE) ...



Sunday, January 2, 2011

Demand drives Toll to build anew at Naval Square - Pittsburgh Business Times:

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Despite the housing slump, the project begahn in March as the developer managedc to sell out on its first phasd ofthe project, defying doldrums plaguing the residential real estatw market. Kicking off a new phase of the project comes as housing starts nationally plunged tohistoricf lows, according to the latest data from the U.S. Commercew Department. Housing starts fell by 12.8 percen in April to 458,000, which is considered the lowest since the government began tracking the data 50years ago. “It’s unique,” said Chuck Breder, divisiohn vice president with Toll.
“Even though we don’t have the investor the sales pace over the last three yearws has beenpretty constant.” Toll beganb selling the first phase, which consisted of 345 at the end of 2004 and sold on average 70 unites each year, Breder said. The second phas consists of four buildings with 220 condos and a collection of 74 Buyers have shown an interest inthe units, with Toll sellinyg 10 townhouses in the last two months. The project also includes a 2,000-square-foot fitness and community Toll isn’t seeing sales activity like this at all of its communitiew and has taken a beating onits earnings.
Last week it reporter that it saw itsfiscal second-quarterf loss lessen to $83.2 or 52 cents a which included pre-tax write-downs totalingf $119.6 million. During the comparable perio d last year, Toll reported a $93.7 million, or 59 centsd a share, loss that include d pre-tax write-downs totaling $288.1 million. Revenue for the quartetr came inat $398.3 million, a plunge of 51 One aspect of the project that has kept buyers traffic strong and steady is that Navaol Square has a suburban-like setting that has attracted suburbanitess used to large yards and those with dogs who want room for them to The development sits on 20 has mature trees and an abundance of greem space.
Toll also hasn’t had to drop asking pricess on the condos during the past two yearsa as the housingmarket tanked. “There’s been minimap discounting,” he said. “It’s alwayz been right priced and we adjustedd prices a couple ofyears ago. Dependinfg on the size of a unit, pricesw have ranged from $245 to $355 a squarw foot. Phase two will complete Naval which Toll boughtin 1987. The property at 24th and Bainbridg streets is a National Historic Landmaro and the first home ofthe U.S. Nava Academy. The property had been vacangt since 1977 before Toll bought it from thefederak government.