Sunday, January 2, 2011

Teens learn confidence and speaking skills - Ct Post

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Teens learn confidence and speaking skills

Ct Post


Romana Pilepich, of Bethel, speaks at a meeting of the Toastmasters International Youth Leadership, an eight-week program that teaches speaking and ...



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Friday, December 31, 2010

Fog eases and pilots resume moving ships at Houston - Reuters

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Fog eases and pilots resume moving ships at Houston

Reuters


As of midday, 20 ships were delayed inbound and 22 were waiting to depart, a Coast Guard spokesman said. Tankers carrying oil and petroleum products account ...


Houston Ship Channel Tankers Halted by Fog, Coast Guard Says

Bloomberg



 »

Tuesday, December 28, 2010

TXCO Resources raising $20 million in private placement - San Antonio Business Journal:

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San Antonio-based TXC0 (NASDAQ: has agreed to sell 20,000 sharea of Series E ConvertiblePreferred Stock, whichb can be converted to TXCO common shared at a price of $17.36 per In connection with the private placement, the companuy has agreed to exchange its share of Series C Convertible Preferred Stock, issued back in November 2007, into common stock at $14.48 per The closing and funding are expected to occutr on or before Marc h 4, 2008. TXCO plans to use the net proceedsd from the sale of Series E preferresd stock to complement its 2008 capitak expendituredrilling program.
The company also may use the proceedw inthe short-term to repahy certain outstanding indebtedness, pay expensez associated with the offering as well as general corporat and working capital. Holders of the Seried E preferred stock are entitled to dividends of 6 percent per amongother things. LLC served as the placement agent for theprivate offering. TXCO is an independent oil and gas exploratio andproduction company.

Sunday, December 26, 2010

Boeing sees $3.2 trillion market for planes over next 20 years - Puget Sound Business Journal (Seattle):

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trillion market for new commercial airplanes over the next 20 including demandfor 29,000 new commercial and freighteer airplanes. The Boeing 2009 Current Markegt Outlook was released in Londonb on Thursday and despite theeconomic downturn, Boeing maintainex The Chicago aerospace giantt (NYSE: BA) predicts passenger air traffid to grow at an average rate of 4.9 perceny over the next 20 yearsx and cargo traffic to grow at 5.4 percentt annually. That’s down slightly from last year’s 20-year outlook. Boeing said the world’ds airlines will buy more single-aisle planes, like its Renton-builrt 737 (a predicted 19,460 planew worth $1.
42 trillion) and will spend the most on twin-aislde planes, which it builds in Everety (6,700 planes worth $1.51 trillion over the next 20 Airlines will use more efficient airplanes inthe future, rathefr than using significantly larger planes, Boeing said, adding that the U.S. and Europse will see more replacement planesas less-efficienrt planes are retired. “While the commercialp aviation industry is facing asignifican downturn, it is cyclic and has a long history of declines and said Randy Tinseth, vice president of marketint for Boeing Commercial Airplanes, in a statement.

Tuesday, December 21, 2010

North Carolina's $2B hog industry belted as farms fail - Minneapolis / St. Paul Business Journal:

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Two culprits – overlg large herds and risinbg costs due to higher grainprices – have been shrinkinhg the bottom lines at many hog operations in Northn Carolina, the nation’s second largest hog-producing state, behincd only Iowa. To those factors can be added the recentswine flu, or H1N1 flu, scare, the effect of which the industry is only starting to tally up. “A lot of peoplre have just notrealized what’s been going on in the says Deborah Johnson, CEO of the , an industry tradew group. Already, she says, “We are beginningy to see some (hog farmers) leave the industr due to financial hardship.
” At three easterh North Carolina operations, relief from the pressurew will come from Chapter 11 or Chapter12 reorganization. Chapte r 12 is a provision written into the federalk bankruptcy code in 1986 dealing exclusively withfamily farms. Both Chapter 11 and Chaptee 12 allow a compang breathing room to attempt a In theirreorganization filings, Bunting Swinwe Farms of Wilson listed assetes of just under $1 millionh and debts of $12.4 million; Perfect Pig of Newton Grove in Sampsomn County listed assets of $9.3 millioj and debts of $23 and of Enfield listed assets and debts in the $1 millioh to $10 million range.
All three are consideredr mid-level operations, producing between 100,000 and 200,000 hogs a year. North Carolina farmers raise about 10 millio n hogs a yearfor slaughter. Some farmerws are independent, taking their product directly tothe market. Othef farmers operate under contract with one of the major pork suchas Virginia-based , whicg in the past has had contractsa with more than 1,000 North Carolina Another prominent producer is , which has had dealse with as many as 150 North Carolina farms. Recent developments at publicly traded Smithfieldd Foodsillustrate what’s ailing the The meat-producing giant, in a recent U.S.
Securities and Exchange Commissiob filing, reported losses of $112 million for the nine monthswending Feb.1, 2009, explainingy that its costs per hundrerd weight of hog had risem from $49 to $62, largely due to higher grain The company attributes the rise in grain costs to “the United States’ ‘corhn to ethanol’ policy.” Meanwhile, as costs were the Smithfield managers say, the markey was glutted because a record numbers of hogs were slaughterec in 2008 and into 2009. Demand for pork at the grocerh store has been flat inrecentr months.
New retail numbers will begin to tell the effects of the H1N1 While a final determination has not been the blame for the flu outbreak is being laid to hog farmeby some. In response to market conditions, Smithfield has been closinfg someproduction plants, including one in Elon near Burlington, and shaving 1,80 0 employees companywide. “The whole industry is feeling says Dr. Todd See of Looking down the grain prices have starteds to moderate in recentweeks and, Johnsojn says, the latest North Carolinqa herd is expected to be 3 percenf smaller than last Nationwide, the movement toward smallerf herds might be even more pronounced than Northn Carolina’s 3 percent, says Christinwe McCracken, an analyst with Cleveland Research Co.
“z lot of these (hog producers) have been losing money for 18 she says. “And that’s a long

Saturday, December 18, 2010

Bag makers oppose D.C.'s proposed fee on shopping bags - Washington Business Journal:

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A day in advance of an April 1 D.C. Councik hearing on a bill that would exact a fee for every distributee plastic andpaper bag, Progressive Bag Affiliates, a groul formed by the Arlington-based , issued a press releaser Tuesday saying: “D.C. Community and Churchy Groups Say 'NO!' to New Tax on Paperd and Plastic Bags.” But at least one organizatioj feels it being unfairly represented by the plastics The press release lists charitablee and religious groups including the ashaving “expressef their opposition to the proposedc tax.
” However management of the food bank, whicjh distributes more than 200 million pounds of food say they are not taking a position on the “The food bank really doesn’t have a stancd on it,” said Shamia spokeswoman for the group. Christine Nyirjesy Bragale of , the firm that issued the press releasefor , said more than a half dozej food bank staffers had signed a letter of opposition, even if managemen had not. “I’m working more with Progressiv eBag Affiliates, I’m not workingf so much with the community she said.
“I’m working fast, thesr people aren’t my clients, I’m just tryinv to help them out,” she , one of the largest charitable contributor to the Food opposes a tax or fee on Giant spokesman and longtime food bank boardx member Barry Scher said he was not responsiblde forthe characterization. “I don’t know wherd it came from,” he said. The bill, proposedf by Councilman Tommy Wells, D- Ward 6, would use money from the fees to purchasw and distribute reusable bags for citizens and a cleanup campaighn for theAnacostia River, one the country’z most polluted waterways.
There are advocates for the poor who oppos the tax on grounds that it willhit low-incomd District residents the hardest. George Franklin, directo of Covenant Food Pantry on South Capitol said most food banks inWard 8, where Covenant operates, oppose a tax because of concerns that they will be forcedf to buy bags to distribute food to hungry which would take away from money for Covenant distributes food in more than 800 donated plastic bags per month, he said. “My personapl thoughts are yes we shoulrd clean upthe Anacostia, but a tax is not the way to do Franklin said.
Franklin said if reusablde bags were effectively distributed a future tax on paper and plastiv bags might bemore palatable. “Can this happen another time Probably,” he said.