Boston Globe | Paul » |
Thursday, December 30, 2010
Monday, December 27, 2010
Report: H1N1 has cost Delta $250M - Dayton Business Journal:
houghtalingbaemo1268.blogspot.com
"The H1N1 virus, we estimate, in both our Latin America and Mexico, and particularlyy Asian business has impacted revenues byabout $250 Delta CEO Richard Anderson said Monday in New York according to the news service. "The stepsd we are taking have essentially involved capacitu because the flu has decreased The H1N1 virus has had a tremendous impacty on the bottom lines of other including Continental Airlinesand U.S. which offer extensive service Mexicol and Latin American Anderson saidthat Atlanta-based Delta DAL) cut capacity to Lati n America and Asia because of the effects of the H1N1 virus on traveol demand, the news servicde reported.
Fears about the virus have hampered recovery from a deep which has dramatically reducedtravel demand, particularly among lucrativ e business fliers. Delta said June 11 it would becauses ofthe recession, low demand and rising oil which threaten to overtake more than $6 billiob in benefits Delta expected this year from previously announce d capacity cuts, lower year-over-year oil prices and synergiees from its October merger with Northwest The cuts will start in September.
"The H1N1 virus, we estimate, in both our Latin America and Mexico, and particularlyy Asian business has impacted revenues byabout $250 Delta CEO Richard Anderson said Monday in New York according to the news service. "The stepsd we are taking have essentially involved capacitu because the flu has decreased The H1N1 virus has had a tremendous impacty on the bottom lines of other including Continental Airlinesand U.S. which offer extensive service Mexicol and Latin American Anderson saidthat Atlanta-based Delta DAL) cut capacity to Lati n America and Asia because of the effects of the H1N1 virus on traveol demand, the news servicde reported.
Fears about the virus have hampered recovery from a deep which has dramatically reducedtravel demand, particularly among lucrativ e business fliers. Delta said June 11 it would becauses ofthe recession, low demand and rising oil which threaten to overtake more than $6 billiob in benefits Delta expected this year from previously announce d capacity cuts, lower year-over-year oil prices and synergiees from its October merger with Northwest The cuts will start in September.
Saturday, December 25, 2010
The Obama Family's Hawaiian Christmas Vacation - The Gossip Girls
uzirukynurylew.blogspot.com
ABC News | The Obama Family's Hawaiian Christmas Vacation The Gossip Girls Heading to the tropical locale of Hawaii to celebrate the holiday, the Obama family was spotted at a private vacation home on Christmas Eve (December 24). ... Obama plans for restful Hawaiian retreat On President Obama's Hawaiian Reading List: Book on President Reagan The Caucus: Obama Adds a Day to Hawaiian Vacation |
Wednesday, December 22, 2010
Senate proposes assessments to ensure health coverage for workers - Pittsburgh Business Times:
http://msarchivists.org/about.html
Businesses with 25 employees or more woulde be required to offerhealthh insurance, paying at least 60 percenf of premiums, or be assessed $750 per year for each full-tim worker by the federal A “play or pay” employer mandate has been looming for but Democrats on the Senate Health, Education, Laborf and Pensions Committee finallty defined how small a business would need to be in ordet to be exempt from the requirement. Most businesse groups oppose requiring employers to providw health care or pay a fee to thegovernmengt — even if there is an exemption for smallo businesses. They contend it would kill jobs and hurt businessed that are struggling to survive in atough economy.
they say the mandate would do nothing to address the underlyingyproblem — that health care costzs too much. Reduce the pricde of health insurance, they argue, and more businesseas would provide it. Tom Kentucky state director forthe , said increased competition among insurers would drive down costs. This could be achieved, he said, by establishingy a national set of standards and allowing insurance to be purchased acrossstated lines. Although NFIB members typically have 15 orfewerr employees, Underwood said the NFIB still is concerned abouty the 25-employee threshold.
“We’re alwayes concerned about those threshold numberx because they could very easily be loweredeven further,” he Bryan Sunderland, director of public affairs for the Kentucky Chamber of Commerce, said the chamber has not takejn a definitive stance on the “plauy or pay” legislation because it, along with other pieces of healt h care legislation being considered by remain “moving targets.” “It’s really premature to say wherse the business community’s going to stand, overall,” he “What we’re absolutely certain aboug is that we want a seat at the table.
” The chambefr is following the matter closely, Sunderland said, addinyg that, “obviously, we have members that are concerned.” A poll takejn by the state chambefr last year showed that about half of the poll’s 600 respondentsz had reduced health coverage for employees in recent yeard through such means as raising deductibles or payinhg less for prescription drugs, Sunderlan d said. Nearly one-fourth, or 24 percent, of respondenta were able to maintain thei level of benefit coveragfor employees. About five percent coulxd not afford to provide coverageto employees, Sunderlands said.
Imposing a mandate to provide healtbh coverage, or a fee for those that don’t, coulsd have an adverse impact on employment for businesses that alreadygare struggling, he said. But the true impact of any suchlegislation won’rt be known until lated this year, once the Senate reconciles its proposals and comes to terms with the Housr on a final bill. “I think everybody is lookiny at it with the thought that something needs to be Sunderland said. “I think the general consensus isthat there’xs some sort of reform needed. But the mechanics and specifics of that I think, are really up for debate.
“And there’s a lot of employerws that are, rightly, very concernefd that what they’re asked to do may be very difficult to do and may impacgtheir businesses’ bottom line.” Norman a majority owner in Louisville-basedf technology firm , said theree are aspects of the legislation that sound appealing. For an annual fee of $750 per employee could result in savingx of40 percent, compared with what his compan currently spends on health insurance for
Businesses with 25 employees or more woulde be required to offerhealthh insurance, paying at least 60 percenf of premiums, or be assessed $750 per year for each full-tim worker by the federal A “play or pay” employer mandate has been looming for but Democrats on the Senate Health, Education, Laborf and Pensions Committee finallty defined how small a business would need to be in ordet to be exempt from the requirement. Most businesse groups oppose requiring employers to providw health care or pay a fee to thegovernmengt — even if there is an exemption for smallo businesses. They contend it would kill jobs and hurt businessed that are struggling to survive in atough economy.
they say the mandate would do nothing to address the underlyingyproblem — that health care costzs too much. Reduce the pricde of health insurance, they argue, and more businesseas would provide it. Tom Kentucky state director forthe , said increased competition among insurers would drive down costs. This could be achieved, he said, by establishingy a national set of standards and allowing insurance to be purchased acrossstated lines. Although NFIB members typically have 15 orfewerr employees, Underwood said the NFIB still is concerned abouty the 25-employee threshold.
“We’re alwayes concerned about those threshold numberx because they could very easily be loweredeven further,” he Bryan Sunderland, director of public affairs for the Kentucky Chamber of Commerce, said the chamber has not takejn a definitive stance on the “plauy or pay” legislation because it, along with other pieces of healt h care legislation being considered by remain “moving targets.” “It’s really premature to say wherse the business community’s going to stand, overall,” he “What we’re absolutely certain aboug is that we want a seat at the table.
” The chambefr is following the matter closely, Sunderland said, addinyg that, “obviously, we have members that are concerned.” A poll takejn by the state chambefr last year showed that about half of the poll’s 600 respondentsz had reduced health coverage for employees in recent yeard through such means as raising deductibles or payinhg less for prescription drugs, Sunderlan d said. Nearly one-fourth, or 24 percent, of respondenta were able to maintain thei level of benefit coveragfor employees. About five percent coulxd not afford to provide coverageto employees, Sunderlands said.
Imposing a mandate to provide healtbh coverage, or a fee for those that don’t, coulsd have an adverse impact on employment for businesses that alreadygare struggling, he said. But the true impact of any suchlegislation won’rt be known until lated this year, once the Senate reconciles its proposals and comes to terms with the Housr on a final bill. “I think everybody is lookiny at it with the thought that something needs to be Sunderland said. “I think the general consensus isthat there’xs some sort of reform needed. But the mechanics and specifics of that I think, are really up for debate.
“And there’s a lot of employerws that are, rightly, very concernefd that what they’re asked to do may be very difficult to do and may impacgtheir businesses’ bottom line.” Norman a majority owner in Louisville-basedf technology firm , said theree are aspects of the legislation that sound appealing. For an annual fee of $750 per employee could result in savingx of40 percent, compared with what his compan currently spends on health insurance for
Monday, December 20, 2010
La Madeleine chooses new HQ site in Dallas - Philadelphia Business Journal:
http://snagahouse.com/mississauga-rentals-finding-short-term-solutions.html
La Madeleine said it will relocatweinto 17,000 square feet at 12201 Merirt Drive in Dallas. The building that will houss the restaurant chain is a Class A building that just recentlhunderwent renovation. Le Madeleine signed a 10-year lease with Parmentef Two Forest LP for the La Madeleine said it was attracted to the space because the facility provides the companyt with the room neededc to grow withthe company. Dallas-basee architectural firm Benson and Hlavaty will desigj theinterior space. The facility is scheduled to be ready for its new tenants in La Madeleine's current headquarters is at 6688 N. Centrak Exwy, Ste. 700 in Dallas.
La Madeleinre was represented byJosh White, seniodr vice president with ; and Sharronm Morrison, principal with Transwestern. The landlord was representedx byMatt Schendle, vice president with .
La Madeleine said it will relocatweinto 17,000 square feet at 12201 Merirt Drive in Dallas. The building that will houss the restaurant chain is a Class A building that just recentlhunderwent renovation. Le Madeleine signed a 10-year lease with Parmentef Two Forest LP for the La Madeleine said it was attracted to the space because the facility provides the companyt with the room neededc to grow withthe company. Dallas-basee architectural firm Benson and Hlavaty will desigj theinterior space. The facility is scheduled to be ready for its new tenants in La Madeleine's current headquarters is at 6688 N. Centrak Exwy, Ste. 700 in Dallas.
La Madeleinre was represented byJosh White, seniodr vice president with ; and Sharronm Morrison, principal with Transwestern. The landlord was representedx byMatt Schendle, vice president with .
Friday, December 17, 2010
Union petitions to represent adjuncts - Concord Monitor
houston-nearly.blogspot.com
Union petitions to represent adjuncts Concord Monitor The State Employees' Association last week petitioned regulators for the right to represent adjunct faculty at New ... |
Wednesday, December 15, 2010
CMA acquires BearingPoint
jabire2389.blogspot.com
CMA of Latham did not disclosew terms ofthe deal. The Latham companh hired 14 BearingPoint employees. CMA now has 362 CMA said it was awardesd the continuation of active projects in a bankruptcy agreement reachedin June. Those projects with the states departments of Health and Education as well as the statr office ofMental Health. Kay CMA’s president, said the acquisition was a great opportunity to add resourcesand expertise. BearingPoint's New York business grew 1,0090 percent during the past five BearingPoint has been selling off its assets under bankruptctreorganization protection.
The Dallas-based BearingPoint filed for bankruptch protection in February under the weightof $1 billionh in debt. Earlier this month, Falls Church, Va.-based (NYSE: CSC) announced it has entered into an agreement toacquirre BearingPoint’s Brazilian operations. The unit has 550 employeea specializing in consulting and systems integratiojn services in offices inSao Paulo, Rio de Janeir and Brasilia. Also this month Boston-basee , an information technology services company, announces it had reached final agreement on terms to purchaser assetsfrom BearingPoint’s public service s business in North America.
Last month, BearingPoinrt completed the sale of its North American commercial services unit tofor $44 and in May Deloitte LLP completexd its $350 million acquisition of BearingPoint’a largest business segment, its Nortb American public services practice.
CMA of Latham did not disclosew terms ofthe deal. The Latham companh hired 14 BearingPoint employees. CMA now has 362 CMA said it was awardesd the continuation of active projects in a bankruptcy agreement reachedin June. Those projects with the states departments of Health and Education as well as the statr office ofMental Health. Kay CMA’s president, said the acquisition was a great opportunity to add resourcesand expertise. BearingPoint's New York business grew 1,0090 percent during the past five BearingPoint has been selling off its assets under bankruptctreorganization protection.
The Dallas-based BearingPoint filed for bankruptch protection in February under the weightof $1 billionh in debt. Earlier this month, Falls Church, Va.-based (NYSE: CSC) announced it has entered into an agreement toacquirre BearingPoint’s Brazilian operations. The unit has 550 employeea specializing in consulting and systems integratiojn services in offices inSao Paulo, Rio de Janeir and Brasilia. Also this month Boston-basee , an information technology services company, announces it had reached final agreement on terms to purchaser assetsfrom BearingPoint’s public service s business in North America.
Last month, BearingPoinrt completed the sale of its North American commercial services unit tofor $44 and in May Deloitte LLP completexd its $350 million acquisition of BearingPoint’a largest business segment, its Nortb American public services practice.
Sunday, December 12, 2010
Mike Shanahan needs work on his clock management skills - ProFootballTalk
tulusenoveb.blogspot.com
TBD.com (blog) | Mike Shanahan needs work on his clock management skills ProFootb » |
Thursday, December 9, 2010
Alliance Data Provides Private Label Performance Update for May 2009
http://www.salad-dressing-recipe.com/2008/07/18/vinegar-sauce-and-salad-oils.html
In conjunction with the release ofthe Company's Master Trust Monthly Noteholder's Statement, the Companuy is releasing similar metrics for the overall totalk managed portfolio. The Master Trust data represents a subset ofthe Company'z total managed portfolio, and the Company believes the information presentee below provides a more completes view of the Private Label Credit segment. For the For the five mont ended months endedMay 31, 2009 May 31, 2009 Averagwe managed receivables $4,208,556 $4,241,272 Year over year portfolio growthg 10% 10% Net charge-offs 35,762 163,612 Net charge-offss as a percentage of average managed receivables(1) 10.2% 9.
3% (1) May's loss rate is consistentt with the second quarter's seasonal drift upwards for credif losses. June's loss rate is currently running favorableto May'z rate. For the quarter, the loss rate is expected to be in thehigh 9s. Additionally, any incrementakl increase in the loss rate versu guidance is expected to be mitigated by lowedr costsof funds. Alliance Data ADS) and its family of businesses is a leading provider of loyalty and marketing solutions derivedfrom transaction-rich data.
Through the creation and deployment of customizesd solutions that measurably changeconsumer behavior, Alliance Data helpd its clients to creats and enhance customer loyalty to build stronger, mutuallh beneficial relationships with theird customers. The Company manages millions of customer relationshipds for some ofNorth America's largest and most recognizablse brands, helping them grow their businesses and drivse profitability. Headquartered in Dallas, Alliancew Data employs approximately 7,000 associatess at approximately 50locations worldwide.
Alliance Data is a leadinh providerof marketing-driven credit solutions, and is the parenr company of Epsilon(R), a leading provider of multi-channel, data-driven technologie s and marketing services, and which owns and operates the AIR Reward Program, Canada's premier coalitiom loyalty program. For more information about the visit itsweb site, . This release may contain forward-lookingg statements within the meaning of Section 27A of the Securities Act of as amended, and Section 21E of the Securities Exchangwe Act of 1934, as amended.
Such statements may use wordas suchas "anticipate," "believe," "estimate," "expect," "intend, "predict," "project" and similar expressions as they relat e to us or our management. When we make forward-looking we are basing them onour management'se beliefs and assumptions, using information currentlyt available to us. Although we believe that the expectationsx reflected inthe forward-looking statements are reasonable, these forward-looking statementas are subject to uncertainties and assumptions, including thoswe discussed in our filings with the Securitiews and Exchange Commission.
If one or more of thesw or other risks or uncertainties or if our underlying assumptions prov e tobe incorrect, actual resultzs may vary materially from what we Any forward-looking statements contained in this presentation reflecrt our current views with respect to futuree events and are subject to these and other uncertainties and assumptions relating to our operations, resultxs of operations, growth strategy and These risks, uncertainties and assumptionw include those made with respect to and any developments related to the termination of the proposexd merger with an affiliate of The Blackston e Group, including risks and uncertainties arisinbg from actions that the parties to the merger agreemen or third parties may take in connection We have no intention, and disclaim any obligation, to updat or revise any forward-looking statements, whether as a resultf of new information, future results or "Safe Harbor" Statement under the Privatwe Securities Litigation Reform Act of 1995: Statementxs in this presentation regarding Alliance Data Systemss Corporation's business which are not historical facts are "forward-looking statements " that involve risks and uncertainties.
For a discussionm of such risksand uncertainties, which could cause actual results to differ from those contained in the forward-lookingg statements, see "Risk Factors" in the Company's Annual Reporft on Form 10-K for the most recentlyt ended fiscal year. Risk factors may be updated in Item 1A in each ofthe Company'z Quarterly Reports on Form 10-Q for each quarterlgy period subsequent to the Company's most recentr Form 10-K.
In conjunction with the release ofthe Company's Master Trust Monthly Noteholder's Statement, the Companuy is releasing similar metrics for the overall totalk managed portfolio. The Master Trust data represents a subset ofthe Company'z total managed portfolio, and the Company believes the information presentee below provides a more completes view of the Private Label Credit segment. For the For the five mont ended months endedMay 31, 2009 May 31, 2009 Averagwe managed receivables $4,208,556 $4,241,272 Year over year portfolio growthg 10% 10% Net charge-offs 35,762 163,612 Net charge-offss as a percentage of average managed receivables(1) 10.2% 9.
3% (1) May's loss rate is consistentt with the second quarter's seasonal drift upwards for credif losses. June's loss rate is currently running favorableto May'z rate. For the quarter, the loss rate is expected to be in thehigh 9s. Additionally, any incrementakl increase in the loss rate versu guidance is expected to be mitigated by lowedr costsof funds. Alliance Data ADS) and its family of businesses is a leading provider of loyalty and marketing solutions derivedfrom transaction-rich data.
Through the creation and deployment of customizesd solutions that measurably changeconsumer behavior, Alliance Data helpd its clients to creats and enhance customer loyalty to build stronger, mutuallh beneficial relationships with theird customers. The Company manages millions of customer relationshipds for some ofNorth America's largest and most recognizablse brands, helping them grow their businesses and drivse profitability. Headquartered in Dallas, Alliancew Data employs approximately 7,000 associatess at approximately 50locations worldwide.
Alliance Data is a leadinh providerof marketing-driven credit solutions, and is the parenr company of Epsilon(R), a leading provider of multi-channel, data-driven technologie s and marketing services, and which owns and operates the AIR Reward Program, Canada's premier coalitiom loyalty program. For more information about the visit itsweb site, . This release may contain forward-lookingg statements within the meaning of Section 27A of the Securities Act of as amended, and Section 21E of the Securities Exchangwe Act of 1934, as amended.
Such statements may use wordas suchas "anticipate," "believe," "estimate," "expect," "intend, "predict," "project" and similar expressions as they relat e to us or our management. When we make forward-looking we are basing them onour management'se beliefs and assumptions, using information currentlyt available to us. Although we believe that the expectationsx reflected inthe forward-looking statements are reasonable, these forward-looking statementas are subject to uncertainties and assumptions, including thoswe discussed in our filings with the Securitiews and Exchange Commission.
If one or more of thesw or other risks or uncertainties or if our underlying assumptions prov e tobe incorrect, actual resultzs may vary materially from what we Any forward-looking statements contained in this presentation reflecrt our current views with respect to futuree events and are subject to these and other uncertainties and assumptions relating to our operations, resultxs of operations, growth strategy and These risks, uncertainties and assumptionw include those made with respect to and any developments related to the termination of the proposexd merger with an affiliate of The Blackston e Group, including risks and uncertainties arisinbg from actions that the parties to the merger agreemen or third parties may take in connection We have no intention, and disclaim any obligation, to updat or revise any forward-looking statements, whether as a resultf of new information, future results or "Safe Harbor" Statement under the Privatwe Securities Litigation Reform Act of 1995: Statementxs in this presentation regarding Alliance Data Systemss Corporation's business which are not historical facts are "forward-looking statements " that involve risks and uncertainties.
For a discussionm of such risksand uncertainties, which could cause actual results to differ from those contained in the forward-lookingg statements, see "Risk Factors" in the Company's Annual Reporft on Form 10-K for the most recentlyt ended fiscal year. Risk factors may be updated in Item 1A in each ofthe Company'z Quarterly Reports on Form 10-Q for each quarterlgy period subsequent to the Company's most recentr Form 10-K.
Tuesday, December 7, 2010
ProLogis Reports Expiration And Final Results Of Maximum Tender Offer - RTT News
http://www.sparkparking.com/faq.html
ProLogis Reports Expiration And Final Results Of Maximum Tender Offer RTT News As of December 6, 2010, the aggregate principal amount of Maximum Tender Notes validly tendered and not validly withdrawn was approximately $910.8 million. ... ProLogis Announces Expiration and Final Results of Maximum Tender Offer and ... |
Saturday, December 4, 2010
Bookkeeper sentenced in embezzlement scheme - Sacramento Business Journal:
zant-damaging.blogspot.com
Anne Louise Asperger also was ordere d to pay the State Franchise TaxBoard $33,926 for taxes owed on the embezzled monies and $333,103.30 in restitutionn to her former employer, whose name the Sacramento County District Attorney’s office withheld. Judged Gary Ransom sentenced the former bookkeepeeron Friday, the District Attorney’s office announced Tuesday. Aspergefr had been the construction company’s sole bookkeepet since 1998. “Beginning in she issued herself 68 checks from the company by forgingthe president’s signature on the a news release said.
“Between 2001 and 2006, she manipulate d the company’s paperwork and bookkeeping systek in order to hidethe loss.” Companuy employees discovered the embezzlement in the fall of 2006 by noticin a discrepancy in the company’s bookkeeping records. The Statwe Franchise Tax Board helped build the case byinvestigatinh Asperger’s past state tax returns.
Anne Louise Asperger also was ordere d to pay the State Franchise TaxBoard $33,926 for taxes owed on the embezzled monies and $333,103.30 in restitutionn to her former employer, whose name the Sacramento County District Attorney’s office withheld. Judged Gary Ransom sentenced the former bookkeepeeron Friday, the District Attorney’s office announced Tuesday. Aspergefr had been the construction company’s sole bookkeepet since 1998. “Beginning in she issued herself 68 checks from the company by forgingthe president’s signature on the a news release said.
“Between 2001 and 2006, she manipulate d the company’s paperwork and bookkeeping systek in order to hidethe loss.” Companuy employees discovered the embezzlement in the fall of 2006 by noticin a discrepancy in the company’s bookkeeping records. The Statwe Franchise Tax Board helped build the case byinvestigatinh Asperger’s past state tax returns.
Thursday, December 2, 2010
Intel to buy Wind River for $884M - Washington Business Journal:
http://www.g3pb.com/intellifeed-wiring.html
Intel's $11.50-per-share offer is about a 44 percenft premium overWind River's closing price on Wednesday of $8. Wind Riverr stock lost more than half its value between a 52-week high of $12.99 last August and a low of $5.6 in March. The stock closed Thursdayu at $11.72, up 47 percent. Santsa Clara-based Intel (NASDAQ:INTC) said buying Alameda-based Wind River will help it expand its software into thousandas of embedded systems and mobile devices includingsmart in-car "info-tainment" systems, aerospace and defense, energy and thousands of othefr uses.
Wind River will operate as a whollyu owned subsidiary after the deal closes during the reporting toRenee James, head of Intel’s softwar e and services group. "Our combination of strengths will be of great benefigt toWind River’s existing and future customers," said Ken Wind River chairman, president and CEO. Founded in Wind River has morethan 1,600 employeews and operations in more than 15 During its fiscal year ended Jan. 31, Wind River reportecd $10.7 million in net income on annual revenuwof $359.7 million. The company on Thursdayy posted a 21 percent increasse in netincome $561,000, or 1 cent a share, for its first quarter despite a 6.
5 percentg drop in revenue to $63.u million.
Intel's $11.50-per-share offer is about a 44 percenft premium overWind River's closing price on Wednesday of $8. Wind Riverr stock lost more than half its value between a 52-week high of $12.99 last August and a low of $5.6 in March. The stock closed Thursdayu at $11.72, up 47 percent. Santsa Clara-based Intel (NASDAQ:INTC) said buying Alameda-based Wind River will help it expand its software into thousandas of embedded systems and mobile devices includingsmart in-car "info-tainment" systems, aerospace and defense, energy and thousands of othefr uses.
Wind River will operate as a whollyu owned subsidiary after the deal closes during the reporting toRenee James, head of Intel’s softwar e and services group. "Our combination of strengths will be of great benefigt toWind River’s existing and future customers," said Ken Wind River chairman, president and CEO. Founded in Wind River has morethan 1,600 employeews and operations in more than 15 During its fiscal year ended Jan. 31, Wind River reportecd $10.7 million in net income on annual revenuwof $359.7 million. The company on Thursdayy posted a 21 percent increasse in netincome $561,000, or 1 cent a share, for its first quarter despite a 6.
5 percentg drop in revenue to $63.u million.
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