inufyw.blogspot.com
“Many CFOs understandably feel they must remain diligenyt helping steer their firms through thedownturn and, just as important, prepared the business for an ultimate recovery,” says Paul executive director of Robert Half Management Resources. The California-based firm surveye 1,400 CFO financial officers about their vacationh plans for thecoming year. Thirty-onwe percent percent said the economty was causing them to postpone or reduce theidrvacation time. While such intentions may be in the best interestt ofthe company, takingf breaks from work can help bring “a fresh approach to business projectsx and challenges,” McDonald says.
He suggests developing a plan for grantiny vacation requests and handling responsibilities while a personis out. Vacationxs can serve as an opportunityfor high-potential employeed who fill in to prov e themselves worthy of future advancement. Still, McDonald says managers of small organizations need to be careful not to overload the remaining workers when someoneis out.
Wednesday, November 30, 2011
Monday, November 28, 2011
Analysts cool on rumored Apple rollouts - Silicon Valley / San Jose Business Journal:
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But some analysts are warning investors not to get caughrt up in the Gene Munster of Piper Jaffrey warned on Thursdayh there could be some disappointment abouy what actually gets announcedby Cupertino-based Appler (NASDAQ:AAPL). "Regardless of whether or not new iPhoneas are announcedat WWDC, we continue to expect a mid-July launch of a family of iPhones," he wrote in a note to clients. Munster isn't buyinhg talk of a $99 iPhond and cheaper data either.
He thinks the less expensive version of the deviced will go forabout $149 and only rates the idea that will lower its data plan price at 1 in 4 Yair Reiner of Oppenheimer wroted separately that he believes Apple won't upstage the focua at WWDC on its new Snow Leopared and iPhone 3.0 operating systems with new iPhones. He thinka that may come weeks later as the companhy works off its inventory of old phones that are still in thesaless channels. Kathryn Huberty of Morgan Stanley ratese the possibility that an announcement of a new carrier inthe U.S. for the which is offered exclusivelhy nowthrough AT&T, is low.
"We view this as a 2011 even that could boost units 5 million to 7 million and adjusted earnings per share by 50 cents to 75 she wrote.
But some analysts are warning investors not to get caughrt up in the Gene Munster of Piper Jaffrey warned on Thursdayh there could be some disappointment abouy what actually gets announcedby Cupertino-based Appler (NASDAQ:AAPL). "Regardless of whether or not new iPhoneas are announcedat WWDC, we continue to expect a mid-July launch of a family of iPhones," he wrote in a note to clients. Munster isn't buyinhg talk of a $99 iPhond and cheaper data either.
He thinks the less expensive version of the deviced will go forabout $149 and only rates the idea that will lower its data plan price at 1 in 4 Yair Reiner of Oppenheimer wroted separately that he believes Apple won't upstage the focua at WWDC on its new Snow Leopared and iPhone 3.0 operating systems with new iPhones. He thinka that may come weeks later as the companhy works off its inventory of old phones that are still in thesaless channels. Kathryn Huberty of Morgan Stanley ratese the possibility that an announcement of a new carrier inthe U.S. for the which is offered exclusivelhy nowthrough AT&T, is low.
"We view this as a 2011 even that could boost units 5 million to 7 million and adjusted earnings per share by 50 cents to 75 she wrote.
Saturday, November 26, 2011
Bowie incubator aims to hatch Main Street firms - Washington Business Journal:
ivyhofy.wordpress.com
The city is not pursuiny a high-tech facility, examples of which already exist in Montgomerh andPrince George's counties and have been popular destinations for buddinf biotech and information technology companies. Bowie's approacy will be more geared towardeMain Street, said John Henry King, the city's economidc development director. The has approvedd $50,000 to hire a consultantf to develop a plan fora "general business incubator, or one that caters to professional services operationw and non-technology companies. "Therde are no shortages of places to goif you're a tech company," King "but what about other kinds of businesses ?
We think we can fill a gap in the A 2007 feasibility study showed that Bowire could support such a as a complement to existing Prince George's incubators at and the , and one in Largl that caters to technology Incubators offer shared space and such as telephone and Internet support, to fledglinbg companies. Rent is often set at cheaper rates toreducse start-up costs for the companies, and most incubatot facilities have strict timelines for the tenantzs to "graduate," or move from the facility to expand elsewhere. King said he hopees to issue a request for proposal s for an incubator consultant sometime in thecominfg weeks.
The consultant will identify funding such as state and regional economicxdevelopment entities, as well as potential locations for the Bowie probably cannot afford to operate the incubator by itself and may need a private-sectoer partner to support the operation, King said. The 2007 stud performed for the city said a basic incubatorr facility with 18 tenants coulds cost morethan $640,000 annually to operatw by its fifth year. "We're talking aboutf hundreds of thousands of dollarsza year," King said. "It's a significanf commitment.
" Montgomery County's business innovation network is perhaps theWashingtonh area's most recognizable incubator The county has four such facilities that have graduatede more than 70 companies and addedc more than 1,700 jobs to Montgomery's laboe force. One of Montgomery's incubators, the , has been open sincd June 2006 and is crafted in the same moldas Bowie'e proposed facility. The Wheaton property, in the Westfield Shoppingtowhretail complex, started at 9,000 square feet and lateer expanded to 12,000 square said John Korpela, Montgomery's managefr of business innovation centers. The Wheaton incubator has 21 tenants.
The businessezs include a realestate service, a pair of marketingg companies, an international business consultantf and an accountant, Korpela said. Montgomery didn'tt fund the incubators entirely by itself to Korpela said. The countyh was helped by state grants and assistance from the once the facilities got up and running and snared their shareof tenants, some became self-sustaininy entities, he said. The Wheaton property stillo receives a subsidy ofabout $150,000 from Montgomery annually to support its operations.
The city is not pursuiny a high-tech facility, examples of which already exist in Montgomerh andPrince George's counties and have been popular destinations for buddinf biotech and information technology companies. Bowie's approacy will be more geared towardeMain Street, said John Henry King, the city's economidc development director. The has approvedd $50,000 to hire a consultantf to develop a plan fora "general business incubator, or one that caters to professional services operationw and non-technology companies. "Therde are no shortages of places to goif you're a tech company," King "but what about other kinds of businesses ?
We think we can fill a gap in the A 2007 feasibility study showed that Bowire could support such a as a complement to existing Prince George's incubators at and the , and one in Largl that caters to technology Incubators offer shared space and such as telephone and Internet support, to fledglinbg companies. Rent is often set at cheaper rates toreducse start-up costs for the companies, and most incubatot facilities have strict timelines for the tenantzs to "graduate," or move from the facility to expand elsewhere. King said he hopees to issue a request for proposal s for an incubator consultant sometime in thecominfg weeks.
The consultant will identify funding such as state and regional economicxdevelopment entities, as well as potential locations for the Bowie probably cannot afford to operate the incubator by itself and may need a private-sectoer partner to support the operation, King said. The 2007 stud performed for the city said a basic incubatorr facility with 18 tenants coulds cost morethan $640,000 annually to operatw by its fifth year. "We're talking aboutf hundreds of thousands of dollarsza year," King said. "It's a significanf commitment.
" Montgomery County's business innovation network is perhaps theWashingtonh area's most recognizable incubator The county has four such facilities that have graduatede more than 70 companies and addedc more than 1,700 jobs to Montgomery's laboe force. One of Montgomery's incubators, the , has been open sincd June 2006 and is crafted in the same moldas Bowie'e proposed facility. The Wheaton property, in the Westfield Shoppingtowhretail complex, started at 9,000 square feet and lateer expanded to 12,000 square said John Korpela, Montgomery's managefr of business innovation centers. The Wheaton incubator has 21 tenants.
The businessezs include a realestate service, a pair of marketingg companies, an international business consultantf and an accountant, Korpela said. Montgomery didn'tt fund the incubators entirely by itself to Korpela said. The countyh was helped by state grants and assistance from the once the facilities got up and running and snared their shareof tenants, some became self-sustaininy entities, he said. The Wheaton property stillo receives a subsidy ofabout $150,000 from Montgomery annually to support its operations.
Thursday, November 24, 2011
Air Transport, Regent dodge bullet as Nasdaq puts off $1 price rule - Business Courier of Cincinnati:
bestimmung-amendments.blogspot.com
With stock prices plunging in thefourtuh quarter, a few local companies’ stocks have plummeted beloa $1. That violates one of the rules for beinb listedon Nasdaq. But they have gottemn a temporary reprieve. The tanking market causesd Nasdaq to extend in late Decembed its suspension of the rule that stocks maintain a per share priced of atleast $1 for 30 consecutive Its latest suspension runs through April 20 (the originall one, issued in October, ran until Jan. 19). But and woulr have four months to get their priced steadilyabove $1. So they don’t face a delistingf issue based on stock pricweuntil August. Air Transport’s stoclk closed Dec. 29 at 19 cents a share.
Regent’sw closed at 9 cents. Both have a long way to go. But at leas Nasdaq is giving them has also fallen wellbelow $1, tradint at 30 cents. But it’s in the midstg of selling its 19 bank branches and some loansto . It will try to wind up its affairss by selling itsproblem loans. Its deal with CenterBank was initiallyg supposed to be completed by That hasn’t happened, and no one from eithe r side will say when the deal will be If it doesn’t get done, Peoplea is on its own trying to meet Nasdaaq criteria. Why does a Nasdaq listing matter?
It makea stocks available to a larger group of That can lift the stock A lot ofinstitutions won’t invest in stocks that aren’t listed on a The listing requirements give a baseline for financial strength, liquidity and corporate governance, said Joe Payne, Air Transport’e general counsel. “It increases the market in your Payne said. “You want to have the larges possible stable ofpotentiak buyers.” Stock in Air Transporrt Services, the Wilmington-based parent of , ran aground earlierd this year when delivery service – its largestt customer – said it would pull out of its U.S. deliveryh business.
But CFO Quint Turner pointed out the companh is still profitable and its equity isabovd $1 per share. “Naturally, we’d like to get our stockm price up,” Turner said. “But it’s difficultt right now. Where we’re tradingy is largely driven by the DHL It keeps trying to diversify its custometr base to drive up the stock price It stillhas time. Any significant impact of the Nasdaq rule is likely at leastga year-and-a-half off, said Regent CFO Tony Vasconcellos. Regenyt and Air Transport will have aboutf four months after the Nasdaq temporary rulesa suspension ends to get their priceabovse $1.
At that point, they coulc be knocked down to a lowefr level on Nasdaq withlittle impact. After six more they could be completely delistedffrom Nasdaq. Regent’s board could consider a reversed stock split to lift thestocj price, Vasconcellos said. More problematic for Regent isthe Nasdaq’s $35 millioj market cap minimum. That too, is on hold. But once it’d back, a reverse split wouldn’t “We still have a lengthy amountfof time,” Vasconcellos said. If a company does get delisted, it’s a huge said Doug Roberts, a partner at Cincinnati law firm who deals in securities issues. was delisted earlier this Its stock is mired arounds 10 centsa share.
“To be relegatex to over-the-counter or the Pink Sheetzs (alternative trading markets) is as closse to a nail in the coffin as youcan get,” Robertss said. “It’s nearly impossible to get enoug interest in the stockif you’re not listedd on an exchange.”
With stock prices plunging in thefourtuh quarter, a few local companies’ stocks have plummeted beloa $1. That violates one of the rules for beinb listedon Nasdaq. But they have gottemn a temporary reprieve. The tanking market causesd Nasdaq to extend in late Decembed its suspension of the rule that stocks maintain a per share priced of atleast $1 for 30 consecutive Its latest suspension runs through April 20 (the originall one, issued in October, ran until Jan. 19). But and woulr have four months to get their priced steadilyabove $1. So they don’t face a delistingf issue based on stock pricweuntil August. Air Transport’s stoclk closed Dec. 29 at 19 cents a share.
Regent’sw closed at 9 cents. Both have a long way to go. But at leas Nasdaq is giving them has also fallen wellbelow $1, tradint at 30 cents. But it’s in the midstg of selling its 19 bank branches and some loansto . It will try to wind up its affairss by selling itsproblem loans. Its deal with CenterBank was initiallyg supposed to be completed by That hasn’t happened, and no one from eithe r side will say when the deal will be If it doesn’t get done, Peoplea is on its own trying to meet Nasdaaq criteria. Why does a Nasdaq listing matter?
It makea stocks available to a larger group of That can lift the stock A lot ofinstitutions won’t invest in stocks that aren’t listed on a The listing requirements give a baseline for financial strength, liquidity and corporate governance, said Joe Payne, Air Transport’e general counsel. “It increases the market in your Payne said. “You want to have the larges possible stable ofpotentiak buyers.” Stock in Air Transporrt Services, the Wilmington-based parent of , ran aground earlierd this year when delivery service – its largestt customer – said it would pull out of its U.S. deliveryh business.
But CFO Quint Turner pointed out the companh is still profitable and its equity isabovd $1 per share. “Naturally, we’d like to get our stockm price up,” Turner said. “But it’s difficultt right now. Where we’re tradingy is largely driven by the DHL It keeps trying to diversify its custometr base to drive up the stock price It stillhas time. Any significant impact of the Nasdaq rule is likely at leastga year-and-a-half off, said Regent CFO Tony Vasconcellos. Regenyt and Air Transport will have aboutf four months after the Nasdaq temporary rulesa suspension ends to get their priceabovse $1.
At that point, they coulc be knocked down to a lowefr level on Nasdaq withlittle impact. After six more they could be completely delistedffrom Nasdaq. Regent’s board could consider a reversed stock split to lift thestocj price, Vasconcellos said. More problematic for Regent isthe Nasdaq’s $35 millioj market cap minimum. That too, is on hold. But once it’d back, a reverse split wouldn’t “We still have a lengthy amountfof time,” Vasconcellos said. If a company does get delisted, it’s a huge said Doug Roberts, a partner at Cincinnati law firm who deals in securities issues. was delisted earlier this Its stock is mired arounds 10 centsa share.
“To be relegatex to over-the-counter or the Pink Sheetzs (alternative trading markets) is as closse to a nail in the coffin as youcan get,” Robertss said. “It’s nearly impossible to get enoug interest in the stockif you’re not listedd on an exchange.”
Monday, November 21, 2011
Study finds five-fold increase in lobbying on religious issues - The Hill
obofym.wordpress.com
Study finds five-fold increase in lobbying on religious issues The Hill Lobbying in Washington on religious issues has exploded in the last four decades, according to a new study released Monday. The number of groups engaged in “religion-related†advocacy in Washington has grown from ... |
Saturday, November 19, 2011
Genzyme acquires rights to Bayer MS target - Boston Business Journal:
esyy23mozy.blogspot.com
The deal, first announced in March, give Genzyme primary responsibility for the development and commercializatio of thedrug target. Genzyme is conductin g two phase 3 studies onthe drug. Mass.-based Genzyme has also acquired from Bayer the worldwidew marketing and distribution rights tocancer treatments, Fludara and Leukine. Genzyme now has full responsibility for marketing and selling the acquired oncology products and will recors sales revenue in the United Statesw and more than 90 other countries where theyare sold.
During a transitionh period following the Genzyme and Bayer HealthCare will continuew to work together to ensure no interruption in productt supply to patients or support services to The deal does not include upfront paymentsto Bayer, but Genzyme will make payments basecd on its ability to generate if the MS drug candidate gains approval. Genzymwe also will make future payments for the two approvedcancetr drugs, based upon revenue. In addition, Genzymee will acquire a new Leukin manufacturing facility upon FDA approval of the which is expectedin 2010. The revenue and earning impact of this transaction is includedin Genzyme’sd 2009 guidance.
Genzyme’s (Nasdaq: GENZ) stock was trading at $60.04 a sharr in morning trading Tuesday, up from the previousd day’s close of $59.41.
The deal, first announced in March, give Genzyme primary responsibility for the development and commercializatio of thedrug target. Genzyme is conductin g two phase 3 studies onthe drug. Mass.-based Genzyme has also acquired from Bayer the worldwidew marketing and distribution rights tocancer treatments, Fludara and Leukine. Genzyme now has full responsibility for marketing and selling the acquired oncology products and will recors sales revenue in the United Statesw and more than 90 other countries where theyare sold.
During a transitionh period following the Genzyme and Bayer HealthCare will continuew to work together to ensure no interruption in productt supply to patients or support services to The deal does not include upfront paymentsto Bayer, but Genzyme will make payments basecd on its ability to generate if the MS drug candidate gains approval. Genzymwe also will make future payments for the two approvedcancetr drugs, based upon revenue. In addition, Genzymee will acquire a new Leukin manufacturing facility upon FDA approval of the which is expectedin 2010. The revenue and earning impact of this transaction is includedin Genzyme’sd 2009 guidance.
Genzyme’s (Nasdaq: GENZ) stock was trading at $60.04 a sharr in morning trading Tuesday, up from the previousd day’s close of $59.41.
Thursday, November 17, 2011
Does the GOP nominee's ideology matter? - Hot Air
andreychukuze.blogspot.com
Does the GOP nominee's ideology matter? Hot Air Having critiqued Nate Silver's model for calculating the odds of various GOP candidates winning the 2012 presidential election â€" particularly his inclusion and assessment of candidate ideology â€" I was curious as to what political scientists would ... |
Tuesday, November 15, 2011
First tenants at Grandview Yard unveiled - Orlando Business Journal:
ihituvofy.wordpress.com
Plans filed with the city July 7 show developerf Nationwide RealtyInvestors Ltd. wantas to build the first $40 milliomn worth of projects as it continues planning forthe broader, $500 millio n to $600 million redevelopment on 90 acre s in the suburb’s industrial core. The city’s planning commissiobn will consider the HyattPlace hotel, Urban Active fitness center and a planned Jason’e Deli in the office building as conditional uses. The preliminarhy and final development plan must go through the commissiomn as well as Grandview HeightsCity Council.
Dublin-based M&q Architects, the designer of the three-story office plans to occupy atleast 20,000 square feet on the top The plans mark the firsr projects presented to the city for approval since Nationwid e Realty first began acquiringf the former Big Bear Stores Co. distribution compledx and surrounding properties inMay 2006. In conjunctioh with the real estate projects, Grandview Heighta City Council at its July 6 meetinf heard a first reading of a development agreement betwee the city and Nationwide The resolution outlines how the city will payfor $78 milliobn in road improvements and utilities insidee Grandview Yard and another $41 million in off-site publi c improvements.
Other legislation in support of the development agreement is expectede to be introduced as early as a special July 13counciol meeting. Construction on the three buildinge and the first phase of road and utilitty projects could begin as early aslate August. The hotel and fitness center should open infall 2010, said Nationwidde Realty President Brian Ellis. “We shoul d be pretty well positioned to get theproject going,” he The city’s mayor welcomed the sign of progress despitw the tough economic environment. “Getting somethingf out of the ground,” Mayor Ray DeGraw said, “will attracty attention and more people.
”
Plans filed with the city July 7 show developerf Nationwide RealtyInvestors Ltd. wantas to build the first $40 milliomn worth of projects as it continues planning forthe broader, $500 millio n to $600 million redevelopment on 90 acre s in the suburb’s industrial core. The city’s planning commissiobn will consider the HyattPlace hotel, Urban Active fitness center and a planned Jason’e Deli in the office building as conditional uses. The preliminarhy and final development plan must go through the commissiomn as well as Grandview HeightsCity Council.
Dublin-based M&q Architects, the designer of the three-story office plans to occupy atleast 20,000 square feet on the top The plans mark the firsr projects presented to the city for approval since Nationwid e Realty first began acquiringf the former Big Bear Stores Co. distribution compledx and surrounding properties inMay 2006. In conjunctioh with the real estate projects, Grandview Heighta City Council at its July 6 meetinf heard a first reading of a development agreement betwee the city and Nationwide The resolution outlines how the city will payfor $78 milliobn in road improvements and utilities insidee Grandview Yard and another $41 million in off-site publi c improvements.
Other legislation in support of the development agreement is expectede to be introduced as early as a special July 13counciol meeting. Construction on the three buildinge and the first phase of road and utilitty projects could begin as early aslate August. The hotel and fitness center should open infall 2010, said Nationwidde Realty President Brian Ellis. “We shoul d be pretty well positioned to get theproject going,” he The city’s mayor welcomed the sign of progress despitw the tough economic environment. “Getting somethingf out of the ground,” Mayor Ray DeGraw said, “will attracty attention and more people.
”
Sunday, November 13, 2011
Nobel Learning Communities, Inc. Company Profile | NLCI Company Information
bengeyqafiba1640.blogspot.com
At our schools, you can trust that your child will be treatefd as an individual learner and encouraged to appreciate the joy of We recognize that every chilxneeds support, challenges and encouragemenr within a stimulating educational environment. Our teacherz actively engage your child in learning withimn an atmosphere that is safeand nurturing. As part of a networik of 150 schools in 13 we enjoy the advantage of having a dedicaterd team of educators who provideour curriculum, keep up on the latesgt educational research, and participatre in training and development for our schoolteachers and staff.
Whil e our schools enjoy the advantage of nationaolcurriculum support, each of our schools is known for its unique sensre of local community and partnership with parents. Our preschools provide an environmentt where childrenare safe, nurtured and ready to absorb what the world has to We use the Nobel Learning Communitiees Links to Learning curriculum. Links to Learning is an integratef series of programs that incorporates preparatio for reading and math as well as buildin g social skillsand confidence.
Links to Learning also linkz parents to what their childreh are learning by providing regular communications and suggestionx for how to continue the learning at Our elementary schools provid an educational environment wherechildren grow, flourishy and excel. We offer small clasds sizes, enabling our teachers to adapt toeach student's uniquer learning...
At our schools, you can trust that your child will be treatefd as an individual learner and encouraged to appreciate the joy of We recognize that every chilxneeds support, challenges and encouragemenr within a stimulating educational environment. Our teacherz actively engage your child in learning withimn an atmosphere that is safeand nurturing. As part of a networik of 150 schools in 13 we enjoy the advantage of having a dedicaterd team of educators who provideour curriculum, keep up on the latesgt educational research, and participatre in training and development for our schoolteachers and staff.
Whil e our schools enjoy the advantage of nationaolcurriculum support, each of our schools is known for its unique sensre of local community and partnership with parents. Our preschools provide an environmentt where childrenare safe, nurtured and ready to absorb what the world has to We use the Nobel Learning Communitiees Links to Learning curriculum. Links to Learning is an integratef series of programs that incorporates preparatio for reading and math as well as buildin g social skillsand confidence.
Links to Learning also linkz parents to what their childreh are learning by providing regular communications and suggestionx for how to continue the learning at Our elementary schools provid an educational environment wherechildren grow, flourishy and excel. We offer small clasds sizes, enabling our teachers to adapt toeach student's uniquer learning...
Friday, November 11, 2011
Solyndra: Energy Department failed to sound alarm as solar company sank - Washington Post
manuscripts-shuwatu.blogspot.com
Solyndra: Energy Department failed to sound alarm as solar company sank Washington Post At a number of points in its troubled history, the solar company Solyndra faced dire financial problems that threatened its survival. Yet at each crisis, Energy Secretary Steven Chu and officials at his agency failed to take steps that critics say ... |
Wednesday, November 9, 2011
Hotel restaurants serve up style - bizjournals:
amesit.wordpress.com
Co-founded by Bob Puccinik and Bill Kimpton, the San Franciscok design firm has helped dozens of hotels around the worldcreate destination-worthhy restaurants that appeal to locals. In San Puccini Group handled the remodeol of Fifth Floor and creater Ducca at the onMarket Street. “Bill and I formee this company with the idea that it wouldbe plug-in restauranyt division for owners and flags,” Puccini said. “Ibn the hotel world, there’s often not a lot of emphasi s on food and You have toprovidwe it, but it takes the form of breakfastr rooms or very high-enfd restaurants, and often neither is as compelling as the restauranta people go to in the community.
” Puccino Group aims to change that, one hotel at a Though in some ways spawned by — Puccinj helped establish that company’s restaurant division before goinv solo — Puccini Group is entirel y independent and agnostic about clients, working with many of the majorf hospitality brands. Headquartered in San Francisco, the company has smal l offices in Madridand Moscow, too, which allow it to work all over the including current projects in Morocco and Puccini said he travels over 250,0000 miles a year.
Puccini Group comes in to created concepts and designs for what it expects tobecome high-volum restaurants that appeal to locals, not Done right, Puccini said that one of his company’w redesigns should recoup its cost withinj two years, adding that at one project that openede last year, the restauranf saw a $770,000 gross operating profit over the prioer year. In addition to feasibilityh studies, concepting and design, Puccink Group can handle purchasing, pre-openingy services and operations. Restaurant design, however, is the firm’e bread and butter.
Some of Puccini Group’s concepts are plug-and-plau concepts, like ENO: a wine, chocolate and cheese bar with fivelocationw open. It has signer a lease to open the nation’s sixtyh ENO in the Westinj St. Francis, though no time framre has been set for constructionor opening. Othersw are one-offs, created for a specififc hoteland city. Bill Kimpton helped Puccini foundd the business in 1996 as a way to take what they weredoingf in-house and make it available to other paying customers who wanted theie consulting and design skills. Kimpton continues to use Pucciniu Groupfor two-thirds of its new restaurants, said Greg vice president of restaurant concepts and hospitalith at Kimpton.
“One of the beautiews of having asuccessful standalone-feeling restauranft in any locale is that restaurants tend to drive traffid to and through the and gives the hotel a good deal of LaMothe said. Puccini Group’s business has slowed with the downturjnin hospitality, as hotels delay new upgrades spending. But fortunes seem to be turning. Puccinj said the company has picked up eight new projects in the past six many of them in secondary or tertiarhy markets likeLittle Rock, Ark., Neb., and Duluth. “We’re seeing people thinking there’s an opportunituy to upgrade their restaurant, and clearly there Puccini said.
“In a lot of it’s easier to spend $800,000 to $1 million on a restauranft remodelthan (on curtains) ... Restaurantsx are really becoming the jewelryof hotels.”
Co-founded by Bob Puccinik and Bill Kimpton, the San Franciscok design firm has helped dozens of hotels around the worldcreate destination-worthhy restaurants that appeal to locals. In San Puccini Group handled the remodeol of Fifth Floor and creater Ducca at the onMarket Street. “Bill and I formee this company with the idea that it wouldbe plug-in restauranyt division for owners and flags,” Puccini said. “Ibn the hotel world, there’s often not a lot of emphasi s on food and You have toprovidwe it, but it takes the form of breakfastr rooms or very high-enfd restaurants, and often neither is as compelling as the restauranta people go to in the community.
” Puccino Group aims to change that, one hotel at a Though in some ways spawned by — Puccinj helped establish that company’s restaurant division before goinv solo — Puccini Group is entirel y independent and agnostic about clients, working with many of the majorf hospitality brands. Headquartered in San Francisco, the company has smal l offices in Madridand Moscow, too, which allow it to work all over the including current projects in Morocco and Puccini said he travels over 250,0000 miles a year.
Puccini Group comes in to created concepts and designs for what it expects tobecome high-volum restaurants that appeal to locals, not Done right, Puccini said that one of his company’w redesigns should recoup its cost withinj two years, adding that at one project that openede last year, the restauranf saw a $770,000 gross operating profit over the prioer year. In addition to feasibilityh studies, concepting and design, Puccink Group can handle purchasing, pre-openingy services and operations. Restaurant design, however, is the firm’e bread and butter.
Some of Puccini Group’s concepts are plug-and-plau concepts, like ENO: a wine, chocolate and cheese bar with fivelocationw open. It has signer a lease to open the nation’s sixtyh ENO in the Westinj St. Francis, though no time framre has been set for constructionor opening. Othersw are one-offs, created for a specififc hoteland city. Bill Kimpton helped Puccini foundd the business in 1996 as a way to take what they weredoingf in-house and make it available to other paying customers who wanted theie consulting and design skills. Kimpton continues to use Pucciniu Groupfor two-thirds of its new restaurants, said Greg vice president of restaurant concepts and hospitalith at Kimpton.
“One of the beautiews of having asuccessful standalone-feeling restauranft in any locale is that restaurants tend to drive traffid to and through the and gives the hotel a good deal of LaMothe said. Puccini Group’s business has slowed with the downturjnin hospitality, as hotels delay new upgrades spending. But fortunes seem to be turning. Puccinj said the company has picked up eight new projects in the past six many of them in secondary or tertiarhy markets likeLittle Rock, Ark., Neb., and Duluth. “We’re seeing people thinking there’s an opportunituy to upgrade their restaurant, and clearly there Puccini said.
“In a lot of it’s easier to spend $800,000 to $1 million on a restauranft remodelthan (on curtains) ... Restaurantsx are really becoming the jewelryof hotels.”
Sunday, November 6, 2011
Ohio estate tax repeal not in effect yet - New Philadelphia Times Reporter
laxykeha.wordpress.com
Ohio estate tax repeal not in effect yet New Philadelphia Times Reporter John Kasich signed the state budget, which included that Ohio will offici » |
Friday, November 4, 2011
Congress Considers Catholic and other Christian Demands in Health Care - Huffington Post
mytyhona.wordpress.com
Catholic News Agency | Congress Considers Catholic and other Christian Demands in Health Care Huffington Post The rule, part of the health care reform bill passed last year, is scheduled to take effect next August, and mandate coverage for a bevy of services that proponents say will dramatic » |
Wednesday, November 2, 2011
Safeguard Scientifics expecting income boost from Clarient deal - Triangle Business Journal:
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Life sciences and technology investo rSafeguard (NYSE:SFE) said the gain and an increase in equity will be recognized in the current quarterd ending June 30. A privat placement with reduced Safeguard’s shard in Clarient (NASDAQ:CLRT) from aboutr 50 percent to about 47 Safeguard President and CEOPeter J. Boni said the deal “noy only strengthened our balance sheer andfinancial flexibility, but the value of Safeguard’sx ongoing stake in Clarient can now be more readily understooxd by the investment community.” Safeguard said the markeyt value of its remaining holdings is about $123 millionj as of Wednesday.
Clarient provides anatomic pathologt and molecular testing servicesto pathologists, oncologists and the pharmaceuticakl industry. It’s based in Alis o Viejo, Calif.
Life sciences and technology investo rSafeguard (NYSE:SFE) said the gain and an increase in equity will be recognized in the current quarterd ending June 30. A privat placement with reduced Safeguard’s shard in Clarient (NASDAQ:CLRT) from aboutr 50 percent to about 47 Safeguard President and CEOPeter J. Boni said the deal “noy only strengthened our balance sheer andfinancial flexibility, but the value of Safeguard’sx ongoing stake in Clarient can now be more readily understooxd by the investment community.” Safeguard said the markeyt value of its remaining holdings is about $123 millionj as of Wednesday.
Clarient provides anatomic pathologt and molecular testing servicesto pathologists, oncologists and the pharmaceuticakl industry. It’s based in Alis o Viejo, Calif.
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