goldenayreyg1666.blogspot.com
The booked 522,541 futurwe room nights in the pastfiscapl year, city tourism leaders said at a presds conference Monday. The number, which passed BACVA’s goal of 475,0000 booked nights, is a 15.7 percent increass over nights booked theprevioues year. In 2008, BACVA booked 451,608 future room Group business meetings comprisde the new bookings and are projected to spend morethan $725 millionn in spending in the City and tourism officials credit the booking success to last year’sx creation of the Baltimore Convention & Tourismk Board, a joint boarde that oversees BACVA and the .
“Our investmenr in BACVA is paying off,” Mayor Sheila Dixon said Mondauy speaking in front ofthe city’sd Inner Harbor tourism center. The formation of the board last year has allowexd BACVA and the convention center to be more Dixon said. A new plethora of hotela that opened or are under construction near the convention centee from which businesses can choose for bookinges also contributed to an uptickin bookings. The $300 milliomn publicly financedHilton Baltimore, which opened last has 757 rooms and grew Baltimore’s total hote l room reservoir to more than 7,000.
The B& O Building, on the corner of Charles and Baltimored streets, is expected to open as a Hotel Monaclo with 208 rooms laterthis year. Baltimore can now accommodate 75 percentr of the large citywide tradeshow and convention business available in the marketplac with the newhotels online, said BACVA CEO Tom Noonann in a statement. Some of the conventions and groupas booked in the 2009 fiscal year includede theannual conventions, , American Association for Laboratory Animalo Science, and . Holding sales events and industryg tradeshows is also partof BACVA’s strategy for bringingy convention planners into the city to raise awarenesa about Baltimore.
The Baltimore Business Journal A drop in hotel revenuermeans BACVA’s budget will drop to $10.7 milliomn for the year started July 1 — down from the $12 millionh it had in the past 12 months. This year’xs fiscal budget is the lowest sincethe agency’s $9.9 million spending package in 2006.
Wednesday, February 29, 2012
Monday, February 27, 2012
Rendell proposes personal income tax hike - Pittsburgh Business Times:
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The increase would bring the taxto 3.57 but state law would require it to return to 3.07 percentg after three years, according to a released from the governor's office. Rendell said the temporary increasew would raiseapproximately $1.5 billion per year in new revenue. A temporaryh tax has been implemented successfully to addresw a fiscal crisis in Pennsylvania on threeprior occasions, the governor'a office said. Even with the , the stat e is more than $1 billion shor of balancing its budget by the end of thegovernor said. Raising the incomw tax would be preferabler tothe alternatives, Rendel said.
“The simple truth is we have nogood choices,” he “There are no shortcuts out of this no magic bullets, no painless path out of this We can do the easy thingh for the moment or the right thing for Pennsylvania’a future. The fairest plan is to spread the pain acrosssthe board, and let our economicx recovery begin.”
The increase would bring the taxto 3.57 but state law would require it to return to 3.07 percentg after three years, according to a released from the governor's office. Rendell said the temporary increasew would raiseapproximately $1.5 billion per year in new revenue. A temporaryh tax has been implemented successfully to addresw a fiscal crisis in Pennsylvania on threeprior occasions, the governor'a office said. Even with the , the stat e is more than $1 billion shor of balancing its budget by the end of thegovernor said. Raising the incomw tax would be preferabler tothe alternatives, Rendel said.
“The simple truth is we have nogood choices,” he “There are no shortcuts out of this no magic bullets, no painless path out of this We can do the easy thingh for the moment or the right thing for Pennsylvania’a future. The fairest plan is to spread the pain acrosssthe board, and let our economicx recovery begin.”
Saturday, February 25, 2012
Smith wins long jump at UW-River Falls - St. Olaf College News & Announcements
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Smith wins long jump at UW-River Falls St. Olaf College News & Announcements Jordan Pesik was fourth in the 600 (1:30.16) and Erik Gartland was fifth (1:30.37). Kyle Wagener was sixth in the 3k (9:25.33), Bryan Hulse was eighth (9:29.82), and Lucas Foley was ninth (9:34.65). Ethan Smith threw 16.47 meters to place third in the ... |
Thursday, February 23, 2012
Warren Buffett sells remaining Constellation shares - Phoenix Business Journal:
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Buffett, his company (NYSE: BRK.A, BRK.B), and that company’ws subsidiary , are each no longer stockholders inConstellationm (NYSE: CEG), according to a form with the Securities and Exchange Commission filed Monday. They have been slowlh divesting the stock over the past weeks and owning 7.3 percent in February and 6.3 percenrt last month. The sale ends the relationshiop between the investorand Constellation, one of two Fortund 500 companies in Baltimore City. Iowa-basec MidAmerican got a 10 percent stake in Constellation whenits $4.7 billionm bid for the company made in September was rejectedd three months late.
That offer came afterd a cash crunch led to a steelp declinein Constellation’s stock price over several days and some investorss feared bankruptcy. Constellation spurned the offe r in favor of a deal tosell 49.99 percent of its nuclea r business for $4.5 billion to French firm , whicuh had also been in the biddin g for the company in September. For the cancelation, Constellation had to pay $175 milliohn in breakup fees and $418 million for stocks. It also had to repagy a $1 billion loan from Buffetgt with 14percent interest. A decision on whethef the deal with EDF requiree Maryland approval is expected ina week. The deal is expectedc to closethis fall.
Buffett, his company (NYSE: BRK.A, BRK.B), and that company’ws subsidiary , are each no longer stockholders inConstellationm (NYSE: CEG), according to a form with the Securities and Exchange Commission filed Monday. They have been slowlh divesting the stock over the past weeks and owning 7.3 percent in February and 6.3 percenrt last month. The sale ends the relationshiop between the investorand Constellation, one of two Fortund 500 companies in Baltimore City. Iowa-basec MidAmerican got a 10 percent stake in Constellation whenits $4.7 billionm bid for the company made in September was rejectedd three months late.
That offer came afterd a cash crunch led to a steelp declinein Constellation’s stock price over several days and some investorss feared bankruptcy. Constellation spurned the offe r in favor of a deal tosell 49.99 percent of its nuclea r business for $4.5 billion to French firm , whicuh had also been in the biddin g for the company in September. For the cancelation, Constellation had to pay $175 milliohn in breakup fees and $418 million for stocks. It also had to repagy a $1 billion loan from Buffetgt with 14percent interest. A decision on whethef the deal with EDF requiree Maryland approval is expected ina week. The deal is expectedc to closethis fall.
Tuesday, February 21, 2012
Colorado foreclosures down 14 percent this year - Denver Business Journal:
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Completed foreclosures fell 14 percentt in the first nine months of the year compared with the same periocdof 2007, according to a reporr by the . A total of 16,246 foreclosures were completed. Officiald are forecasting a 13 percent decline in foreclosures for allof 2008. “20066 and 2007 saw big increasesz in foreclosure filings of 30 and 40 so a 14 percent decrease so far this year makes us cautiouslyy optimistic aboutthe future,” said Kath Williams, director of the Coloradi Division of Housing, in a “There are still many reasons for concern, but this is good During the third quarter alone, there were 9 percenr fewer completed foreclosures — at 6,454 than in the same quarte r a year earlier.
However, foreclosures jumped 66 percenty from the second quarter to thethirr quarter. The data are skewed by recent changes inColoradoo law, including a measure that took effect on Jan. 1 that had the effecrt of largely suspending foreclosured sales during Marchand April. Another law that took effectf in August had the same impact on statisticas duringthat month, officials said. Boulder, Broomfield, Douglas, El Jefferson, and Larimer counties all reporteds increasesin foreclosures. El Paso had the biggest at 26 percent yearover year. Denvetr County reported the largest decrease, with foreclosured down 26 percent compared to the third quarter of 2007.
Foreclosures dropped 19 perceng in Adams County and 20 percent in Weld The report reaffirmed that high foreclosure ratea are seen mostly along the Front Rang e and ineastern Colorado. The highest rate during the thir d quarter was inAdams County, with one foreclosure for every 58 Denver County had one filing for every 73 Weld County one for every 74 and Pueblk County one for every 102. Counties in western Colorado experiencedr much lowerforeclosure rates. Mesa County reported one foreclosure filing for everhy756 households, and La Plata Count one for every 992 and Garfield Countt one for every 5,079.
Almost 4,000 households avoidedr foreclosure during 2008 with the help of the Colorado ForeclosureHotlinwe (1-877-601-HOPE), which has been in place for two and its member agencies, state officiale said. “If those 4,000 households had we’d be looking at an increasew instead of a decreasein foreclosures,” Williamzs said.
Completed foreclosures fell 14 percentt in the first nine months of the year compared with the same periocdof 2007, according to a reporr by the . A total of 16,246 foreclosures were completed. Officiald are forecasting a 13 percent decline in foreclosures for allof 2008. “20066 and 2007 saw big increasesz in foreclosure filings of 30 and 40 so a 14 percent decrease so far this year makes us cautiouslyy optimistic aboutthe future,” said Kath Williams, director of the Coloradi Division of Housing, in a “There are still many reasons for concern, but this is good During the third quarter alone, there were 9 percenr fewer completed foreclosures — at 6,454 than in the same quarte r a year earlier.
However, foreclosures jumped 66 percenty from the second quarter to thethirr quarter. The data are skewed by recent changes inColoradoo law, including a measure that took effect on Jan. 1 that had the effecrt of largely suspending foreclosured sales during Marchand April. Another law that took effectf in August had the same impact on statisticas duringthat month, officials said. Boulder, Broomfield, Douglas, El Jefferson, and Larimer counties all reporteds increasesin foreclosures. El Paso had the biggest at 26 percent yearover year. Denvetr County reported the largest decrease, with foreclosured down 26 percent compared to the third quarter of 2007.
Foreclosures dropped 19 perceng in Adams County and 20 percent in Weld The report reaffirmed that high foreclosure ratea are seen mostly along the Front Rang e and ineastern Colorado. The highest rate during the thir d quarter was inAdams County, with one foreclosure for every 58 Denver County had one filing for every 73 Weld County one for every 74 and Pueblk County one for every 102. Counties in western Colorado experiencedr much lowerforeclosure rates. Mesa County reported one foreclosure filing for everhy756 households, and La Plata Count one for every 992 and Garfield Countt one for every 5,079.
Almost 4,000 households avoidedr foreclosure during 2008 with the help of the Colorado ForeclosureHotlinwe (1-877-601-HOPE), which has been in place for two and its member agencies, state officiale said. “If those 4,000 households had we’d be looking at an increasew instead of a decreasein foreclosures,” Williamzs said.
Saturday, February 18, 2012
Flyers acquire Kubina for — what else? — second round pick - Edmonton Journal (blog)
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Edmonton Journal (blog) | Flyers acquire Kubina for â€" what else? â€" second round pick Edmonton Journal (blog) Another veteran defenceman changed hands on Saturday night, as Pavel Kubina was swapped from Tampa Bay Lightning to Philadelphia Flyers in return for a pair of draft picks and a minor league prospect/suspect. Another experienced rearguard in the ... < br />Right Wing - TBL |
Thursday, February 16, 2012
AC makers optimistic of double digit sales growth - Manoramaonline
onesawava.wordpress.com
AC makers optimistic of double digit sales growth Manoramaonline We are looking for a growth of around 25 per cent and targeting a revenue of Rs 2200 - 2500 crore from the AC business," LG India Business Sales Head (AC) Saurabh Baisakhia said. Out of its total business, the company is hoping that 25-30 per cent will ... |
Tuesday, February 14, 2012
Covidien
pifogyxat.blogspot.com
Mallinckrodt bought the licensingh rightsfor ExalgoTM, a formulation of an opioid analgesic, for an undiscloses sum. This formulation of hydromorphone was developed byMountainj View, Calif.-based In 2007, Neuromede acquired the U.S. marketing rights to Exalgop from ALZA. Mallinckrodt will be responsible for all commercializatio activities for Exalgo in theUnitedd States, including marketing and sales. Neuromed will work to complets the clinical development and the regulatoryapproval process. Mallinckrodg Inc. will be responsibler for all regulatoryfilings post-FDAq approval. For a specified ALZA will remain responsible forthe manufacturing, packaging and supplyg of Exalgo.
The intellectual property covering the hydromorphonr formulation under review will be owned by Neuromed has receiveda one-time upfron payment and could receive additional development and, if Exalgo is approved, regulatory approval milestonse payments as well. ALZA will also receive regulatoryumilestone payments. In Covidien will pay royaltied to Neuromed and ALZA based on commercial sales of Covidien expects that the upfront paymentnoted above, in to announcedx Tuesday, will result in its fisca l third quarter research and development expense being higheer than previously anticipated.
Covidien plc, formerlgy known as , operates Covidien Imaginh Solutions and Pharmaceutical also known asMallinckrodt Inc., which is locatedc in St. Louis and provides medical imagingb technologyand pharmaceuticals. Covidieh was spun off from in 2007. With 2008 revenuer of nearly $10 billion, Covidien has 3,00 employees in the St. Louis area and more than 41,000 employee worldwide.
Mallinckrodt bought the licensingh rightsfor ExalgoTM, a formulation of an opioid analgesic, for an undiscloses sum. This formulation of hydromorphone was developed byMountainj View, Calif.-based In 2007, Neuromede acquired the U.S. marketing rights to Exalgop from ALZA. Mallinckrodt will be responsible for all commercializatio activities for Exalgo in theUnitedd States, including marketing and sales. Neuromed will work to complets the clinical development and the regulatoryapproval process. Mallinckrodg Inc. will be responsibler for all regulatoryfilings post-FDAq approval. For a specified ALZA will remain responsible forthe manufacturing, packaging and supplyg of Exalgo.
The intellectual property covering the hydromorphonr formulation under review will be owned by Neuromed has receiveda one-time upfron payment and could receive additional development and, if Exalgo is approved, regulatory approval milestonse payments as well. ALZA will also receive regulatoryumilestone payments. In Covidien will pay royaltied to Neuromed and ALZA based on commercial sales of Covidien expects that the upfront paymentnoted above, in to announcedx Tuesday, will result in its fisca l third quarter research and development expense being higheer than previously anticipated.
Covidien plc, formerlgy known as , operates Covidien Imaginh Solutions and Pharmaceutical also known asMallinckrodt Inc., which is locatedc in St. Louis and provides medical imagingb technologyand pharmaceuticals. Covidieh was spun off from in 2007. With 2008 revenuer of nearly $10 billion, Covidien has 3,00 employees in the St. Louis area and more than 41,000 employee worldwide.
Sunday, February 12, 2012
Dragojevic gets prickly with Julian Barnes' Porcupine - Screen International
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Dragojevic gets prickly with Julian Barnes' Porcupine Screen International Serbian director Srdjan Dragojevic's next project will be an adaptation of Julian Barnes' 1992 novel The Porcupine. The film will shoot in English with an international cast. (Meanwhile, WIDE Management has closed a French all-rights deal on his ... |
Friday, February 10, 2012
Merger with FKI catapults Intelligrated to No. 2 in U.S. - St. Louis Business Journal:
elzeyfirekuut1795.blogspot.com
The deal, completed June 19, givese the Mason-based company a broader array of productasand services. It also gained a manufacturingg presence in the Cincinnatiarea – a Logistexd facility in West Chester that employsd 310 people. With 170 people at Intelligrated’s the company now has 500 employees here and morethan 1,500 It also has manufacturing plants in Ohio; Danville, Ky.; and St. Louis. The mergee took 18 months to come together after Intelligratedapproached U.K.-based FKI, said Intelligrate CEO and co-founder Chrise Cole. Things were complicated by FKI’s acquisition by last year and by the globaolfinancial crisis.
Talks with officialzs at Logistex’s North Americahn headquartersin St. Louis began in Octobedr 2008, and the deal was announcexd in May. Cole said the $40 million in cash received by Melrosd was only part of the as there were other components funded by He declined to disclose the total transaction valus but said Intelligrated did not take onany debt. It now has a very high percentagof equity, something that hopefully will change as conditiona normalize and the company grows, he said.
The deal, completed June 19, givese the Mason-based company a broader array of productasand services. It also gained a manufacturingg presence in the Cincinnatiarea – a Logistexd facility in West Chester that employsd 310 people. With 170 people at Intelligrated’s the company now has 500 employees here and morethan 1,500 It also has manufacturing plants in Ohio; Danville, Ky.; and St. Louis. The mergee took 18 months to come together after Intelligratedapproached U.K.-based FKI, said Intelligrate CEO and co-founder Chrise Cole. Things were complicated by FKI’s acquisition by last year and by the globaolfinancial crisis.
Talks with officialzs at Logistex’s North Americahn headquartersin St. Louis began in Octobedr 2008, and the deal was announcexd in May. Cole said the $40 million in cash received by Melrosd was only part of the as there were other components funded by He declined to disclose the total transaction valus but said Intelligrated did not take onany debt. It now has a very high percentagof equity, something that hopefully will change as conditiona normalize and the company grows, he said.
Wednesday, February 8, 2012
UPMC Company Profile | Company Information
wilhelminadora4287.blogspot.com
UPMC is the premier health system in wester n Pennsylvania and one of the most renowneed academic medical centers in theUnitesd States. During the past UPMC has reshaped the health care landscapew inwestern Pennsylvania. As a $6 billion organization and the region
UPMC is the premier health system in wester n Pennsylvania and one of the most renowneed academic medical centers in theUnitesd States. During the past UPMC has reshaped the health care landscapew inwestern Pennsylvania. As a $6 billion organization and the region
Monday, February 6, 2012
It's official: 15 General Motors dealers in Colorado to lose franchises - Pittsburgh Business Times:
tatyanagepoji.blogspot.com
It was the first definitivre statement of exactly how many GM dealers in the stat e were informed thay will lose their franchise agreementsin 2010. The Coloradp Automobile Dealers Association previously had estimatex the number at 13 to 15 based on reportxfrom dealers. GM still is not releasinvg the names ofthe 1,324 dealers it plans to drop including the 15 in Colorado. The information came in a list releases by the House Energy andCommerce Committee's Subcommittee on Oversighr and Investigations, based on information provided by GM. Executivea of GM and Chrysler, which plans to shed 14 Coloradi dealers, testified before Congress about their dealertplans Friday.
GM's car lines include Chevrolet, Buick, GMC, Cadillac, Saab, Saturmn and Hummer. It has some 6,000 dealerships nationwide. Letterzs sent in mid-May to GM dealers the companu plannedto drop, a copy of whicyh was obtained by the Denvetr Business Journal, said the automakefr reviewed each of its dealers' sales profitability, capitalization, location and facilities along with othe r "market patterns." . "Based on our review and currenyt and foreseeable market conditions andyour dealership's historical we do not see that GM can have a productiv e business relationship with [name of over the long term," said the letter, datecd May 14.
About 92 of Colorado's 264 auto dealershipes sell one or more GM said Tim Jackson of the state autodealers group. Additional dealers may lose theirfranchises later, GM has said.
It was the first definitivre statement of exactly how many GM dealers in the stat e were informed thay will lose their franchise agreementsin 2010. The Coloradp Automobile Dealers Association previously had estimatex the number at 13 to 15 based on reportxfrom dealers. GM still is not releasinvg the names ofthe 1,324 dealers it plans to drop including the 15 in Colorado. The information came in a list releases by the House Energy andCommerce Committee's Subcommittee on Oversighr and Investigations, based on information provided by GM. Executivea of GM and Chrysler, which plans to shed 14 Coloradi dealers, testified before Congress about their dealertplans Friday.
GM's car lines include Chevrolet, Buick, GMC, Cadillac, Saab, Saturmn and Hummer. It has some 6,000 dealerships nationwide. Letterzs sent in mid-May to GM dealers the companu plannedto drop, a copy of whicyh was obtained by the Denvetr Business Journal, said the automakefr reviewed each of its dealers' sales profitability, capitalization, location and facilities along with othe r "market patterns." . "Based on our review and currenyt and foreseeable market conditions andyour dealership's historical we do not see that GM can have a productiv e business relationship with [name of over the long term," said the letter, datecd May 14.
About 92 of Colorado's 264 auto dealershipes sell one or more GM said Tim Jackson of the state autodealers group. Additional dealers may lose theirfranchises later, GM has said.
Friday, February 3, 2012
Super Bowl 2012 point spread and money line update: Patriots secondary vs ... - SportingNews.com
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Capital New York | Super Bowl 2012 point spread and money line update: Patriots secondary vs ... SportingNews.com Not to mention the Patriots, while good enough to post a 13-3 record and win the AFC in a down year, present serious flaws in a secondary that hasn't recently been put in position to get bitten. Dan Orlovsky racked up 353 yards in Foxborough Week 13 as ... Secondary play could decide who wins Super Bowl XLVI Pats secondary: Throw out the defensive stats Super Bowl 2012, Key Matchups: Giants Receivers Vs. Patriots Secondary |
Wednesday, February 1, 2012
RiteMade
stages-paddocks.blogspot.com
Stephen Schwartz, CEO of employee-owned said it has no more room at1501 W. 29th St. in Kansaxs City. So the company moved about a tent of a mile across thestate line, to a 90,000-square-foot buildinf built to suit by The site sits atop Cambridgs Circle Hill in Cambridge Business Park. Dean Realty Presiden Lester Dean said the facility is asubstantiak upgrade. “It has a pinnacle view and reallyh is an incredible piece of real he said. “The shared goal was to creatse an iconic headquarters that RiteMade could proudlt show off asa state-of-the art facility.
” Schwartz wants to targeft more of the larger distributors in the small roll paper market, so he said image is “The current building, as functional and low-cost as it is, it doesn’t present a great image for our company,” he said. “Thd new building is much more impressive. When we bring clientsd here, they’ll see that we’ve dressed for success.” Brenft Miles, president of , said the new buildinv is “one of the highest-qualityh industrial buildings in thewhole county.” Schwartz said RiteMadr invested about $1.7 million in buildintg modifications and plans to investf about $1.7 million in new equipment.
“There is a new prese with the potential to increasr our output by at least 50 percent and mayb e up to100 percent,” Schwartz “If it works as we hope, we’d like to send all our presses out to be redesigned to these new specifications.” In the past seve years, he said, new equipment has helped RiteMades cut production costs by 25 Gil Luria, an analyst for , said market spaced leader has lost 4 percentg of its business in this spacee for the past four years. He said the compant that has the lowest cost will do the best in the Schwartz said the new equipment and building should position RiteMade to capitalize onthese conditions.
He said he expects 40 percent employmenty growth. The company employs 102 nationwide, with 60 to 65 in Kansas City.
Stephen Schwartz, CEO of employee-owned said it has no more room at1501 W. 29th St. in Kansaxs City. So the company moved about a tent of a mile across thestate line, to a 90,000-square-foot buildinf built to suit by The site sits atop Cambridgs Circle Hill in Cambridge Business Park. Dean Realty Presiden Lester Dean said the facility is asubstantiak upgrade. “It has a pinnacle view and reallyh is an incredible piece of real he said. “The shared goal was to creatse an iconic headquarters that RiteMade could proudlt show off asa state-of-the art facility.
” Schwartz wants to targeft more of the larger distributors in the small roll paper market, so he said image is “The current building, as functional and low-cost as it is, it doesn’t present a great image for our company,” he said. “Thd new building is much more impressive. When we bring clientsd here, they’ll see that we’ve dressed for success.” Brenft Miles, president of , said the new buildinv is “one of the highest-qualityh industrial buildings in thewhole county.” Schwartz said RiteMadr invested about $1.7 million in buildintg modifications and plans to investf about $1.7 million in new equipment.
“There is a new prese with the potential to increasr our output by at least 50 percent and mayb e up to100 percent,” Schwartz “If it works as we hope, we’d like to send all our presses out to be redesigned to these new specifications.” In the past seve years, he said, new equipment has helped RiteMades cut production costs by 25 Gil Luria, an analyst for , said market spaced leader has lost 4 percentg of its business in this spacee for the past four years. He said the compant that has the lowest cost will do the best in the Schwartz said the new equipment and building should position RiteMade to capitalize onthese conditions.
He said he expects 40 percent employmenty growth. The company employs 102 nationwide, with 60 to 65 in Kansas City.
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