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Thursday, March 31, 2011
Burgundy, Asia's 'Queen' Among Wines, Goes to Auction - Wall Street Journal (blog)
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Tuesday, March 29, 2011
New area code postponed to 2012 - Business First of Louisville:
tarpleypymibujuh1491.blogspot.com
The optional use of area code 364 will now take effectgon Jan. 1, 21 months later than the previoux implementation date ofApril 1, 2010. “A numberf of factors have combined to greatlyh reduce the demand for newphone numbers,” PSC Chairman Davird Armstrong said in a news release. “Ifc this trend continues, it is quitde possible that a new area code in western Kentuckty will be postponed for aconsiderablee time.” Area code 364 will cover the westerb portion of the current area code 270, whichy includes Henderson, Hopkinsville, Madisonville, Murray and Paducah. This is the fourtnh time the PSC has postponesd the use of areacode 364.
The commission said the postponement is mainlyh because of a decision that changed the assignmentt of telephone numbers in the current areacode 270. That changed significantly increased the availability of new numbersz in the existingarea code. At the same time, a weakenes economy and a reduced usages of telephone numbers dedicated for use by computer and fax modems has slowed the demand fornew numbers, the commissio n said. “The PSC realizes that repeatedly moving the startg date for area code 364 creates a degreseof uncertainty,” Armstrong said. “But that is preferabl e to imposing the inconvenience and expense of an area code switchh before itis needed.
” About two milliom numbers are now available in area code 270, according to the PSC.
The optional use of area code 364 will now take effectgon Jan. 1, 21 months later than the previoux implementation date ofApril 1, 2010. “A numberf of factors have combined to greatlyh reduce the demand for newphone numbers,” PSC Chairman Davird Armstrong said in a news release. “Ifc this trend continues, it is quitde possible that a new area code in western Kentuckty will be postponed for aconsiderablee time.” Area code 364 will cover the westerb portion of the current area code 270, whichy includes Henderson, Hopkinsville, Madisonville, Murray and Paducah. This is the fourtnh time the PSC has postponesd the use of areacode 364.
The commission said the postponement is mainlyh because of a decision that changed the assignmentt of telephone numbers in the current areacode 270. That changed significantly increased the availability of new numbersz in the existingarea code. At the same time, a weakenes economy and a reduced usages of telephone numbers dedicated for use by computer and fax modems has slowed the demand fornew numbers, the commissio n said. “The PSC realizes that repeatedly moving the startg date for area code 364 creates a degreseof uncertainty,” Armstrong said. “But that is preferabl e to imposing the inconvenience and expense of an area code switchh before itis needed.
” About two milliom numbers are now available in area code 270, according to the PSC.
Sunday, March 27, 2011
Jose P. Ferrao named COO of United Way of Massachusetts Bay and Merrimack Valley - Boston Business Journal:
coeragnheidur3778.blogspot.com
The announcement, made Wednesday, was made by presidenty and CEOMichael K. Durkin. The COO positio had been vacant sinceApril 2005, when Mary Kay Leonarc left the local chaptet to join as group vice investor relations. Ferrao is a native of Portugalo and has servedas UWMB/MV’s senior vice presidenf for marketing since July 2007. Prio to that he focused on business strategyfor , where he playedd a leading role in the developmen t of the first multi-channel customer relationship managemeny pilot for Ford Division in the U.S.
“The tightening economy is creatiny increased demand for resources to addressx the needs ofour region’s struggling families and their children,†said Durkin, in a prepared statement. “At the same donors are placing increased emphasis on trust and accountabilitu to the results their investments are creating inthe community.
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The announcement, made Wednesday, was made by presidenty and CEOMichael K. Durkin. The COO positio had been vacant sinceApril 2005, when Mary Kay Leonarc left the local chaptet to join as group vice investor relations. Ferrao is a native of Portugalo and has servedas UWMB/MV’s senior vice presidenf for marketing since July 2007. Prio to that he focused on business strategyfor , where he playedd a leading role in the developmen t of the first multi-channel customer relationship managemeny pilot for Ford Division in the U.S.
“The tightening economy is creatiny increased demand for resources to addressx the needs ofour region’s struggling families and their children,†said Durkin, in a prepared statement. “At the same donors are placing increased emphasis on trust and accountabilitu to the results their investments are creating inthe community.
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Friday, March 25, 2011
Rams, Anheuser-Busch donate to student athletic complex - St. Louis Business Journal:
tenganmodooo1324.blogspot.com
A-B has contributed $100,000 to the initiative and the Ramsgave $200,00p toward the project, which is beingb spearheaded by the nonprofit The facility will includer a new field, lights, bleachers, restrooms and pavilion to be constructed in Tandy The new complex will accommodate the school’s athletic teams, youth sports and community events such as healtyh walks. Representatives from the A-B and PHL joined Ward 4 Alderman Samuel Moore Mondat at the high school along Cottage Avenude forthe project’s groundbreaking. The new athletic facilityg will be named in honor of thefamous , seven of whom graduater from Sumner High School.
Officials hope the fielde will be completed in time for football practices beginnintin August. Each PHL Inc. project includes an ongoinv maintenanceprogram – initially managed and operated by PHL for as long as five yearsw – but eventually turned over to the controllinb school district when the district is able to undertakee the responsibility. This is the nonprofit’s eighth project for a tota l of $2 million. PHL Inc. is a not-for-profit organization formed in 2005 by four businessmenfrom St. Louis and St. Charles counties after a seriesz of articles inthe St. Louias Post-Dispatch about the deplorable conditions of the footbalpl fields atthe .
A-B has contributed $100,000 to the initiative and the Ramsgave $200,00p toward the project, which is beingb spearheaded by the nonprofit The facility will includer a new field, lights, bleachers, restrooms and pavilion to be constructed in Tandy The new complex will accommodate the school’s athletic teams, youth sports and community events such as healtyh walks. Representatives from the A-B and PHL joined Ward 4 Alderman Samuel Moore Mondat at the high school along Cottage Avenude forthe project’s groundbreaking. The new athletic facilityg will be named in honor of thefamous , seven of whom graduater from Sumner High School.
Officials hope the fielde will be completed in time for football practices beginnintin August. Each PHL Inc. project includes an ongoinv maintenanceprogram – initially managed and operated by PHL for as long as five yearsw – but eventually turned over to the controllinb school district when the district is able to undertakee the responsibility. This is the nonprofit’s eighth project for a tota l of $2 million. PHL Inc. is a not-for-profit organization formed in 2005 by four businessmenfrom St. Louis and St. Charles counties after a seriesz of articles inthe St. Louias Post-Dispatch about the deplorable conditions of the footbalpl fields atthe .
Thursday, March 24, 2011
'American Idol' behind the scenes: 'Idol' coaches talk the Top 11 -- EXCLUSIVE - Entertainment Weekly
http://discoverychristian.org/WhoWeAre/whoweare.html
Kansas City Star | 'American Idol' behind the scenes: 'Idol' coaches talk the Top 11 -- EXCLUSIVE Entertainment Weekly Click through to read their take on this week's “Motown Night†show, including what Byrd thought of Jacob Lusk's big night, the magic behind what Scotty McCreery did with his song “For Once in My Life,†Naima's conviction when planning her performance, ... 'American Idol' Recap: Jacob Lusk, Paul McDonald Find The Soul Pocket |
Tuesday, March 22, 2011
S.A. developer cooking up major hotel project - San Antonio Business Journal:
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Now one of the city's most notexd developers and civic cheerleaders says he is workinh to broker a deal that could finally bring the massive projectto fruition. Charlea Martin "Marty" Wender, chairmab of the Greater San Antonio Chambe r of Commercefor 2002, confirms he has movedd a step closer to bringing togethefr a developer and financier/owner for the hotel. He says the developeer would be Minneapolis-based U.S. Inc., with the financial partnert likely to be thesame Germany-based insurance group that purchased the Radissom Resort Hill Country Hotel from Ryan this year.
Wendee says he helped sell the Germanj investors on the Radisson project and went back to them and Ryan for the conventio center hotel when he saw that nothin gwas happening. "I realize we need to get this thing up and runningg as soonas possible," says "We can't spend any more time on plans that won't work. We need to look at somethinf that will." Asked why he chose to get involve now, Wender says, "I love San Antonio, and its heartr and soul is downtown. We need Wender adds, "I want to bring this to the I believe itcan happen." Asked if the parties are serious, Wendefr says, "Very much so.
They are more than They realize theopportunityg here." Collin Barr, Ryan'xs vice president of development, confirmse that his company is exploring the option of teaming up with the German financiers to pursue the San Antonio convention-center hotel He says a second optioh would be to utilize tax-exempt bonds. Ryan is a national design-buildc developer and construction company that is pursuingt multiple projectsin Texas. One of Ryan'sd non-hotel projects was Target Corp.' $220 million headquarters complex, which was built in downtown Minneapolis.
Although Ryan partnered with Radissohn on the Hill Countryresort here, Wendedr says that does not mean the Radisson name would adormn the convention center hotel under the latest plan. "It could be Omni or explains Wender. Omni is a name local hospitalityh industry sources say they have heared mentioned in connectionwith Wender's efforts. One key Henry Feldman, says he is awarse of Wender's efforts and has also heard that Omni couldcbe involved.
Feldman, who is president of La Mansiom del Rio Hotel and the Greater San Antonio Hotel Motel believes what Wender is attempting to pull togethef makes themost "I know there is something happening with Radisso n or Omni and that Marty is involved in trying to make a deal says Feldman. "I have great admiration for what hehas accomplished. He's a very dynamic figure." Feldman and other hospitalith industry leaders were not happy in August, City Hall pulled the plug on the New York-baseds team of Starwood Hotels & Resortws Worldwide Inc. and Related Lodging.
That tandem had an exclusivwe agreement in place to develop a Sherato convention center hotel prior to the city retracting that A lead representative forthe Starwood/Related team told the Businesse Journal days before City Council killed its deal that it was closre to finalizing financing for the having secured all but $45 millionh of the approximately $215 million needed. Sincde then, the city has reopened the bidding process, callin for a Request for Qualifications forpotential developers. Starwood/Related remains in the mix, but industry insiders - including Feldman - believed the city is pursuing a development mode l that would have it owningthe hotel.
"If a develope r comes in here with arecognized (hotel) name and brings the I and the association would applaud Feldman says. "That's the way this deal should be I am adamantly agains the city owning a conventiomcenter hotel. It has not worked elsewhere, and this city certainlyh does not need to extensdits debt. The city doesn' have the experience or expertise todo this." Not everyonre is elated that Wender is stepping into the hotel fray in the 11th or with the way the city has handled the convention-centefr hotel process.
Related Lodging Senior Vice Presiden t Martin Burger says he has been informec that Wender is attempting to work some kind of a deal for the conventio ncenter hotel. But his biggest concern is the city dragginygits feet.
Now one of the city's most notexd developers and civic cheerleaders says he is workinh to broker a deal that could finally bring the massive projectto fruition. Charlea Martin "Marty" Wender, chairmab of the Greater San Antonio Chambe r of Commercefor 2002, confirms he has movedd a step closer to bringing togethefr a developer and financier/owner for the hotel. He says the developeer would be Minneapolis-based U.S. Inc., with the financial partnert likely to be thesame Germany-based insurance group that purchased the Radissom Resort Hill Country Hotel from Ryan this year.
Wendee says he helped sell the Germanj investors on the Radisson project and went back to them and Ryan for the conventio center hotel when he saw that nothin gwas happening. "I realize we need to get this thing up and runningg as soonas possible," says "We can't spend any more time on plans that won't work. We need to look at somethinf that will." Asked why he chose to get involve now, Wender says, "I love San Antonio, and its heartr and soul is downtown. We need Wender adds, "I want to bring this to the I believe itcan happen." Asked if the parties are serious, Wendefr says, "Very much so.
They are more than They realize theopportunityg here." Collin Barr, Ryan'xs vice president of development, confirmse that his company is exploring the option of teaming up with the German financiers to pursue the San Antonio convention-center hotel He says a second optioh would be to utilize tax-exempt bonds. Ryan is a national design-buildc developer and construction company that is pursuingt multiple projectsin Texas. One of Ryan'sd non-hotel projects was Target Corp.' $220 million headquarters complex, which was built in downtown Minneapolis.
Although Ryan partnered with Radissohn on the Hill Countryresort here, Wendedr says that does not mean the Radisson name would adormn the convention center hotel under the latest plan. "It could be Omni or explains Wender. Omni is a name local hospitalityh industry sources say they have heared mentioned in connectionwith Wender's efforts. One key Henry Feldman, says he is awarse of Wender's efforts and has also heard that Omni couldcbe involved.
Feldman, who is president of La Mansiom del Rio Hotel and the Greater San Antonio Hotel Motel believes what Wender is attempting to pull togethef makes themost "I know there is something happening with Radisso n or Omni and that Marty is involved in trying to make a deal says Feldman. "I have great admiration for what hehas accomplished. He's a very dynamic figure." Feldman and other hospitalith industry leaders were not happy in August, City Hall pulled the plug on the New York-baseds team of Starwood Hotels & Resortws Worldwide Inc. and Related Lodging.
That tandem had an exclusivwe agreement in place to develop a Sherato convention center hotel prior to the city retracting that A lead representative forthe Starwood/Related team told the Businesse Journal days before City Council killed its deal that it was closre to finalizing financing for the having secured all but $45 millionh of the approximately $215 million needed. Sincde then, the city has reopened the bidding process, callin for a Request for Qualifications forpotential developers. Starwood/Related remains in the mix, but industry insiders - including Feldman - believed the city is pursuing a development mode l that would have it owningthe hotel.
"If a develope r comes in here with arecognized (hotel) name and brings the I and the association would applaud Feldman says. "That's the way this deal should be I am adamantly agains the city owning a conventiomcenter hotel. It has not worked elsewhere, and this city certainlyh does not need to extensdits debt. The city doesn' have the experience or expertise todo this." Not everyonre is elated that Wender is stepping into the hotel fray in the 11th or with the way the city has handled the convention-centefr hotel process.
Related Lodging Senior Vice Presiden t Martin Burger says he has been informec that Wender is attempting to work some kind of a deal for the conventio ncenter hotel. But his biggest concern is the city dragginygits feet.
Sunday, March 20, 2011
Gryphon Investors raises $100M in supplemental fund - St. Louis Business Journal:
Air Purifiers Rockford
San Francisco-based Gryphon's third fund closedc in 2006 afterraising $415 million. The additional $100 milliojn from the firm's limited or investors, will supplement the fund's remainint uncommitted capital. "We appreciate our existing LPs so quicklgy expanding our active capital base by 25 percent so we could maintain our momentu m and defer beginning a full fundraising procesxs for Gryphon IV until late 2008 orearly 2009," said Davidd Andrews, president and managing generakl partner of Gryphon.
The firm focusese on middle market companies, investing $25 millioh to $75 million of its own capital in companiezs with annual revenues rangingbetween $25 million and $250 Gryphon successfully cashed in on two investments in the latter half of 2007. The firm sold at more than a 40 percentr internal rateof return, and it also sold at more than a 60 percent internal rate of return. Also in the seconrd half of 2007, Gryphon completed two new investmentsa through the acquisitionof , a Western wear multichannell retailer, and the recapitalization of , an operator of leadershipp conferences and educational summer programs for academicallyu oriented students in grades six through In addition, the firm has two acquisitions undefr letters of intent and expected to closre in the first quarter.
"Now, we have over $200 million of uncommitte capital available for new investmentzs inan M&A environment that is well-suited for Gryphon'sw value-based investment style," Andrews said.
San Francisco-based Gryphon's third fund closedc in 2006 afterraising $415 million. The additional $100 milliojn from the firm's limited or investors, will supplement the fund's remainint uncommitted capital. "We appreciate our existing LPs so quicklgy expanding our active capital base by 25 percent so we could maintain our momentu m and defer beginning a full fundraising procesxs for Gryphon IV until late 2008 orearly 2009," said Davidd Andrews, president and managing generakl partner of Gryphon.
The firm focusese on middle market companies, investing $25 millioh to $75 million of its own capital in companiezs with annual revenues rangingbetween $25 million and $250 Gryphon successfully cashed in on two investments in the latter half of 2007. The firm sold at more than a 40 percentr internal rateof return, and it also sold at more than a 60 percent internal rate of return. Also in the seconrd half of 2007, Gryphon completed two new investmentsa through the acquisitionof , a Western wear multichannell retailer, and the recapitalization of , an operator of leadershipp conferences and educational summer programs for academicallyu oriented students in grades six through In addition, the firm has two acquisitions undefr letters of intent and expected to closre in the first quarter.
"Now, we have over $200 million of uncommitte capital available for new investmentzs inan M&A environment that is well-suited for Gryphon'sw value-based investment style," Andrews said.
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