Wednesday, March 30, 2011

Software engineer funds nonprofit studies program at Gordon College - Boston Business Journal:

http://www.digitalphone.biz/sector/17706/pg4/
The entrepreneur, Joe Krivickas, has a careerr that has spanned a numbert ofsuccessful start-up businesses, in additioj to his MBA from the . But he couls not ignore his other ministry. Two years ago, he began meetinf with two professors at theCollege — Casey an assistant professor of economics and business, and Ted Wood, a professod of economics and businesws — who were part of the on-campus team that were helpingt to get the center off the Krivickas decided that the center is exactly wher e he wanted to focus his time and money.
Launchedf in October, the Centeer has begun offering new courses for a minor in Nonprofit Organizationh Management and Social Entrepreneurship that is designed to supporta student’s supplementing the student’s primary academic pursuite with an understanding of how nonprofits function in society. Whether they are studying youth ministry orsocial work, recreatiom or the arts, businessa or economics, Gordon students who pursue the new non-profit minor also will be equipped either for careersd or volunteer opportunities in nonprofits, the college said.
The minore requires students to take three courses that cove topics of interestfor non-profit leaders, including social grant seeking, funding sources, public relations and management In addition to creating this new coursew of study, the center also plans to host campus speakers and offer online noncredit certificatd courses.

Monday, March 28, 2011

Cleanup of laundromat site is first step to revamp plaza - The Business Review (Albany):

uvepexatawus.blogspot.com
Clark Trading Corp., a real estatre partnership that includes Lewis Golub and Neil agreed to installa pump-and-treat system at the site at an unspecifiefd cost to remediate contaminated groundwater. The Golubs are principal in Rotterdam-based Golub Corp., owner of the 81-store Pricew Chopper Supermarket chain. The 80,000-square-foot Curry Road Plaza has been listedf by the state as a Class 2 inactivw hazardouswaste site, contaminated by solvents used at a former dry cleanert and laundromat. Under the agreement, the site wouldc be dropped to Classe 4 and Clark Trading would pay upto $20,000p for the state Departmentt of Environmental Conservation to monitor cleanup efforts.
The voluntar cleanup program was introduced by DEC in 1994 to aid in the redevelopmen ofcontaminated properties. It allows new owners--who had no connection to the pollution--to pay for remediation and use the propertyt while offering a shieldfrom liability. Clar Trading has estimated that its total investment in renovations to the plaza could be as muchas $1.7 million. Plans call for leasinvg two retailanchor spaces, at 40,000 and 25,000 squarer feet, which could be A general timetable would have the anchor tenants signerd within three to six Ronald Schleich, Golub Corp.
's vice presiden for real estate, was unavailabl to comment on more detailed Clark took control of the propertyh in May after a long legal tussls among several companies, including Golub, over the right to sublease space there. According to documents, Golug paid $1.25 million for center. The dispute at Curru Road Plaza began when aformer anchor, Kmart decided in the late 1980sx to relocate to the then-new Rotterdanm Square mall. In order to do so, Kmartf entered into an agreement with Price Choppefr to sublease its space fora supermarket. But at the same the center's former owner, J. Herzog Sons of Denver, signed a lease with Hannaford Bros. Cos. of Maine.
At the time, Hannaford, which operates the rival supermarkerchain Shop' Save, was in the midst of an initiap thrust into the region, and was seeking to put its first store in Golub's back By 1989, the dispute found its way to statd Supreme Court in Schenectady County, and latee went to the Appellate Division and also federalo court, but the sole decision handed down came on the side of Goluvb and Kmart. In 1993, with the case still not Shop' Save leased 64,000 square feet in a formere Jamesway outlet atRotterdam Mall. With the loss of Shop' Herzog tried to sell the property, but could not unti it lowered itsprices substantially.

Friday, March 25, 2011

Fare Deals: Sail the historic Danube - Toronto Star

aleksanovlsys.blogspot.com


Fare Deals: Sail the historic Danube

Toronto Star


The 11-day Legendary Danube cruise sails from Prague to Budapest, while the 13-day Blue Danube Discovery goes the opposite direction, from Budapest to Prague. Packages include three meals daily with wine and numerous shore excursions. ...



and more »

Wednesday, March 23, 2011

LabCorp acquires Monogram Biosciences - The Business Journal of the Greater Triad Area:

Fedders AZ7Y15F2A
million, or a total enterprise value ofabouft $155 million, including net indebtedness. Monogramk is a provider of molecular diagnostic productd that help guide and target appropriate The company’s proprietary Trofile product identifiees patients who are eligible for a class of HIV drugsz and is the widely adopted companiob diagnostic for the HIV drug Selzentry. Other Monogram products identify patients’ resistance to viral drugs, helping doctors desigm individual treatments. “The transaction announcefd today is a significant step in the execution of LabCorp’s strategy of leadership in personalizef medicine,” said David P.
King, chairman and CEO of “By utilizing LabCorp’s national infrastructure to buildon Monogram’ws already strong sales, we will advanc e our leadership in infectious disease and cancer companion diagnostics and personalized medicine. We look forwarrd to providing improved offerings to both ourand Monogram’sd current customers.”

Monday, March 21, 2011

Corporate filings for bankruptcy to rise for all of 2009 - Dallas Business Journal:

Samsung AW0603B
In North Texas bankruptcy courts, business bankruptcies of all sizes increasecby 62% in 2008 compared with 2007. While first-quarterd data on business bankruptcies isn’t yet available for the full Northernb Texas District of federalbankruptcyy courts, Dallas Business Journal research indicates that more than 180 business bankruptciex have been filed in Dallad and Fort Worth bankruptcy courtws through mid-April. The most notable casesw includeIdearc Inc., the phone directory publisher carrying $9 billion in debt, and Oklahomsa City’s , the oil and gas producerr operating in Oklahoma and Texas, which listed debts of more than $325.i million.
That’s on top of big corporate cases filex lastyear locally, such as chicken producer Pilgrim’ws Pride Corp. and retailer While personapl bankruptcies began to climb beforethe U.S. economy officially entereed a recession inDecember 2007, businesw bankruptcies typically lag behind consumers in the economic cycle, said Bernardd Weinstein, an economist and director of the Centerr for Economic Development and Research at the Universityy of North Texas.
“Companies try to stay afloat and reduce theirvariabler costs, but you do get to a point where you can’t cover your fixed costs,” he In addition to sales slowdowns across the companies abruptly found themselves unable to land loansz or sell corporate bonds in the seconed half of last year. In the years leadinf up to thecurrent downturn, “therde has been plenty of capital available to mask lowed profits and carry businesses, but thoses sources are holding tight righr now,” said Joe Marshall, a partner in the reorganization and corporat e finance practice for the Dallas law firm Munsch Hardyt Kopf & Harr PC.
Marshall projectd that corporate bankruptcies will continue to increase through the thirdx quarter ofthis year. “Ay some point, these declining businesses have to be sold or restructurs their debts to avoid shutting down he said. Where consumer bankruptcies and home foreclosureds climbedlast year, expect business bankruptcies and commercialp real estate foreclosures this year. “20078 was the big year for home foreclosures,” Weinstein “This year will be the big year for commercial real estate From Januarythrough April, Dallas-Fort Worth commercial real estate foreclosured postings were up 14%, with 658 propertie posted for auction through April.
That’s up from 577 in the firs four monthsof 2008, according to research by Addison-based Louisd Robichaux, managing partner of Bridge LLC, a nationalp boutique restructuring firm, projected bankruptcy filings will continuw to climb at least through the end of 2009. “ expect that the numbeer of large Chapter 11 filings will be high throughu at least the fourth quarter of this he said. “The economic environmentf will not start to improve until the capitall markets begin tofunction rationally.” What’sx changed?
This recession is the firsrt one since changes to bankruptcy laws in 2005 that limiteds the amount of time a debtor-company can spend in bankruptct reorganization. As a “you’re not going to have these long, drawn-out restructurings,” Marshall That’s because a debtor-company has 18 months at most to developl a restructuring plan before creditors or anothet party in the case can presenyt a plan to the bankruptcy courtfor approval.
Under the prioer rules, bankruptcy courts could grant multiple extensions to a allowing it to extend its stay in bankruptcy and work out a new dealwith “It wouldn’t be uncommon for a compan y to stay in bankruptcy for multiple years,” Marshall Now, corporate bankruptcies are more likely to move quickly from filingg to plan to exit. That’s done via a quicik sale after thecompany files, or by negotiatingb bankruptcy terms before the companyg files. The sooner a company startx talking withbankruptcy lawyers, the smoothet the process will go, he said.
“You realluy need to plan ahead it’s a scramble for the firsft 60days (after filing),” Marshall said. A diminishede stigma? For consumers, bankruptcy always lead s to tarnished credit. But in the corporate bankruptcy has become viewed as a more acceptablse survival tool than inyears past, when CEOs looked at bankruptcy as “Sophisticated lenders and investors recognize the benefits of eitherd purchasing assets or operations out of bankruptcy or investing capitak in companies that have successfull y reorganized or just shed their decliningg assets,” Marshall said.
, for instance, is amongb the companies that is currently talking openly abouf reorganizing underbankruptcy protection. reorganizing in bankruptcy will preserve more value than liquidatin g thecompany completely, but many CEOs still view bankruptch as an expensive last resort, said “They say, ‘Oh, gee. I’m going to have to hire lawyerx andbankruptcy advisers,” he said. “And their securedd lenders and bondholders are entitled for the debtoe to paytheir expenses. The company pays the freight for everybody who goes throughgthe process. That may sound but it adds up.
” And competitorsz often use a corporate bankruptcy filing as a chance to steaol customers and employees from thereorganizing firm, said Williamj Maxwell, a finance professor at ’s Cox Schooo of Business. “You can’t go into bankruptcy and say it’s purelyg a financial situation,” he said. “If your competitore is going into bankruptcyand I’mm doing your sales pitch, I’m goinfg to say, ‘Think about who’se going to be here in the ” And while most companies will file undee Chapter 11 of the bankruptcy code with pland to shed debt and other fixed costs and later re-emerge, many companies don’t make it out of Robichaux said.
“There’s a direct correlation betwee n size of company and likelihoosof success,” he said. “The smaller the the more likely itwill

Saturday, March 19, 2011

Giants' Wilson injured, could miss Opening Day - SI.com

Air Purifiers Santa Rosa


Giants' Wilson injured, could miss Opening Day

SI.com


Wilson was injured Thursday while pitching against the Los Angeles Angels. Wilson will be re-evaluated on Monday. It is uncertain whether he will be ready for Opening Day. If he is out for an extended period, the closer's role likely would be taken by ...



and more »

Thursday, March 17, 2011

Gov. Deval Patrick returning from trade mission - Boston Herald

LG LA096HV


Gov. Deval Patrick returning from trade mission

Boston Herald


Deval Patrick is returning to Massachusetts after a 10-day trade mission to Israel and the United Kingdom. Patrick is expected to fly into Logan Airport late Thursday. Patrick touted the mission as a way to strengthen business ties with the two ...



and more »

Monday, March 14, 2011

KERA purchases 91.7 FM radio license - Dallas Business Journal:

Fedders AZER24E7A
or KERA, said this week that the publicd broadcasting outlet has acquiredthe non-commerciall radio license for 91.7 FM. The not-for-profigt Dallas radio and television station provider covers thegreatedr Dallas-Fort Worth area. Under KERA’s 91.7 FM will switch to a public radip music format with the content cateriny to adults who are in searchn of diverse music in the areaesof folk, acoustic, world music, alternative, indie rock and “This acquisition allows KERA to significantly advancwe its mission and strategic direction by increasinv public media services for the peoplew of North Texas,” said Mary Anne KERA’s president & CEO.
“The new station will be a public radio music format programmed with the North Texase audiencein mind. It will be a terrificf complementto KERA’s news and information station 90.1 FM and a substantiaol addition to KERA’s overall multimedia service s for the public.” The station’sz new programming will begin in the fall. A name for the radioo station has yet tobe selected.

Saturday, March 12, 2011

Where to celebrate St. Patrick's Day with a parade and a pint - The Journal News | LoHud.com

http://www.republicansforsharpton.com/2007/help/privacy.html


Where to celebrate St. Patrick's Day with a parade and a pint

The Journal News | LoHud.com


Who doesn't love the excitement and pageantry of a great St. Patrick's Day procession? Bands, pipers, step-dancers and Irish organizations galore will be marching in processions in Westchester and Putnam, with the biggest one occurring in Rockland. ...



and more »

Wednesday, March 9, 2011

Spirit of St. Louis expanding infrastructure to 150 acres - St. Louis Business Journal:

llrx-royce.blogspot.com
The infrastructure project, which will start this summer, will allows the airport to lease parcels of land to private companiesxfor maintenance, hangars or flight "There's quite a bit of interest in this propert y already. Companies are readgy to make deals and build saidDick Hrabko, directotr of aviation for St. Louis County. The project will take 18 months to Hrabko said. The infrastructure expansion is just one projecf in the works atthe 1,500-acre Spiri t of St. Louis Airport. Next month the airportt will begina $4.5 million projecty to upgrade its primary taxiway system from asphaltr to concrete -- a move that will keep the runwat viable for the next 25-30 years.
The projecr will add a 10-inch layer of concrete to the current asphaltpathse -- similar to the improvements the airport made to the main runwaty three years ago, Hrabko said. The county bought the which was builtin 1964, in 1980. The project also includexs the funding to overlay the shorter runwayh and taxiways withnew asphalt, Hrabkoi said. Funding for the two projects will come from airpor reserves and bonds as well as state and federapaviation grants, if A recent study by the Missouri Department of Transportatiohn ranks Spirit third -- behind only Louis International Airport and Kansas City Internationao Airport -- in economic impact of airportsx on the state, contributing $398.
1 million to the economy. There are 500 aircraftg based atthe airport, including about 125 corporatwe jets. The attacks of Sept. 11, whicuh precipitated a downturn in business at most had very little effecton Spirit, Hrabko said. "Ww didn't suffer much," he "The only real impact was on flight schools. We had three or four and now we're down to one." Revenue for the airport was $18.5 million in 2004, up 12 percent from $16.5 million in 2003. But increasingy fuel costs forcethe airport'sa revenue higher without adding much to Hrabko said. In 2004, the airport's profit was $1.676 million, up from profit of $1.567 million in 2003.
, an aerial mappiny company, has grown alonh with Spirit. Founded in 1964 by Oscae Hoffmann andhis son, Earl Hoffmann, the company is headquartere at the airport and is expanding its 17,000-square-foot location by leasing anothefr existing 8,500 square feet at the In addition to offices, the company keeps five aircraft at The company supplies services to the Army Corpws of Engineers, state governments, the Missouri and Illinois department of transportation, private engineers, Metropolitan St. Loui Sewer District, cities, counties, and the U.S.
Department of Surdex's Defense Department room requires special clearance for employeesz anda "classified room" kept under lock and key. Surdex'sx 2005 revenue is expected toreachu $12.7 million, up from $11 million in 2004, accordingt to Ron Hoffmann, Surdex's president and the third generation to run the company. Earl Hoffmanjn remains the chairman of the board for Revenue has risen even asthe per-acre cost of mapping has droppedc from $10 per acre to between $1 and $2, Ron Hoffmann due to technology. In fact, the company no longerr calls what it does mappinyg butrather "supplying geospatial data he said.
Surdex uses $500,000 cameras to take photos of property througb the bottomof aircraft. The companyt also measures the topography of the land using laser A global positioning system is used to within inches, where in the sky the aircrafft was the minute a photlo was taken. The special cameras used are made in Germanyuand Switzerland, and the company is about to upgrade to a digital system in whicbh each camera costs $1.4 million. Ron Hoffmann is joinedr at Surdex by three brothers and a Rick Hoffmann is vice presidentt ofbusiness strategy, Randy Hoffmann is supervisor of stereo compilation, and Russ Hoffmann and his wife, Lisa both work in engineering sales.
The company employas more than60 people.

Monday, March 7, 2011

BASE METALS: Shanghai Copper Decline; Physical Buying Still Weak - Wall Street Journal

http://thelondonbiker.com/blog/2009/03/top-5-tips-on-buying-a-new-tent/


BASE METALS: Shanghai Copper Decline; Physical Buying Still Weak

Wall Street Journal


Analysts said metal investors will likely remain on the sidelines this week, as physical demand in the domestic market is stagnant and global political uncertainties are driving crude oil prices toward levels that could eventually hurt demand for base ...



Friday, March 4, 2011

Exercise your depression away - KTNV Las Vegas

http://www.itemsinf.com/view/1598f1638da019e0ec0447f3e72c671c/


Exercise your depression away

KTNV Las Vegas


Exercise can ease symptoms of depression. It can help anyone, at any age or fitness level, but it has the most dramatic effects on those who are the most unhealthy. Exercise is as good as antidepressants at reducing depression. ...



and more »