Monday, April 30, 2012

Collective Brands Said to Select Wolverine Over E-Land - BusinessWeek

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Collective Brands Said to Select Wolverine Over E-Land

BusinessWeek


By Jeffrey McCracken and Lauren Coleman-Lochner on April 30, 2012 Collective Brands Inc. (PSS) (PSS), owner of the Payless ShoeSource chain, selected a group made up of Wolverine World Wide Inc. (WWW) (WWW) and Golden Gate Capital Corp. as the leading ...



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Saturday, April 28, 2012

Provider: Winner - Business Courier of Cincinnati:

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She has spearheaded numerous projects at the including a ramp into a side entrancw to make the physical and occupational therapyy departmentmore accessible. This required tenacious work with the hospitaol and Hamilton County zoning officials but has significantly improverd safety and accessibility to our She has a passio n for recycling and eliminating which she has applied to many aspectsd ofher life. She collects outdated or unusede therapy equipment at our hospital and sees that it is given to Matthesw 25 Ministries to be used by thossin need. She collects unused medical text books and deliversz them to where they are then sent to poor countriews in need ofmedical texts.
She obtained recycling bins in our department and reminds us to be more She has even recycledHalloween costumes, creating a PTA fundraising event at her children’x school where the costumes are donated and then After she lost her younger sister to breast cancer in 2000, she and her familu became involved with the . They are a constant fixturer at the annual Race for the Cure and have createdf anannual award, the Serenity It is given to a person who continues to be a positivde role model, despite having been touched by the adversity of breast Mason is the inspiration for Passionately Pink Day at the hospitak for the Susan G.
Komen raising approximately $1,000 yearly and raising awareneses for thisimportant mission. Mason also helpas create “survivor bags,” which are givenm to all breast cancer survivors at the They are full of goodies donated by variousz groupsand companies. As a dedicated wife and mother of Lisa Mason knows how important education is to the quality of life ofher Cincinnati/Northern Kentucky local community and to the wide world. She is passionate abou t education and leadsher department’s annuap drive to collect books, backpacke and uniforms for the hospital’s partner-in-educatiom school.
Her colleagues affectionately callMasonb “Mother Earth” because nothing is outside the realk of recycling! Title: Occupational therapist. Organization: Jewish Nominator: Lisa McCormick, chair, ; Debrwa Steinbuch, director of rehabilitation services; Karen administrator director; Wendy Kluender, physical therapist; all at Jewishn Hospital.

Thursday, April 26, 2012

RVCO's Anniversary 'My Fair Lady' is a winner (video) - Delco News Network

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RVCO's Anniversary 'My Fair Lady' is a winner (video)

Delco News Network


By Margie Royal Rachel Hendrickson as Eliza Doolittle and Jonathan Sills as Henry Higgins turn in outstanding performances in Rose Valley Chorus and Orchestra's performance of My Fair Lady at Strath Haven Middle School. Here they pose backstage in ...



Tuesday, April 24, 2012

North Korea's preparation for third nuclear test almost complete - Times of India

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North Korea's preparation for third nuclear test almost complete

Times of India


BEIJING: North Korea has almost completed preparations for a third nuclear test, a senior source with close ties to Pyongyang and Beijing said, an act that would draw further international condemnation following a failed rocket launch.



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Monday, April 23, 2012

Scott wants AFL to clarify video rule - ABC Online

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Yahoo!Xtra Blogs


Scott wants AFL to clarify video rule

ABC Online


Brad Scott has c »

Saturday, April 21, 2012

TECO Energy outlook remains strong - Silicon Valley / San Jose Business Journal:

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billion in debt held by and subsidiariesand Co. The ratingt is supported by the underlying strengthof TECO’s regulated electriv and gas utility subsidiary, from which it deriveds stable cash distributions to meet its funding Fitch said a release. Tampa Electricd continues to post strong credit it maintains solid operating performance and it benefitsfrom Florida’s constructiv regulatory environment, Fitch said. Fitch is concerned, about slowing customer growth atTamp Electric. But the company has respondexd to slower growth by postponingg projects to increaseelectric capacity.
Another concern for Fitch is cash flow deterioration atTECO (NYSE: TE) Guatemal because of the adverse rate order in unplanned outages at the San Jose uncertainty over the extension of a purchased power agreement, and the potentiak for deferred or renegotiated contracts because of declining marker prices, higher production costs and slumpinh demand for coal. TECO Coal and TECO Guatemalaw provide roughly 20 percent of theparentf company’s consolidated earnings before interest, taxes, depreciatiomn and amortization, Fitch Credit ratios at Tampa Electric should benefit from higher base rates in 2009 and 2010 as a resuly of a $138 million rate order approved in March, Fitch In addition, an affiliate waterborne transportation agreement that reduced Tampa Electric’s annual net income by $10 millioh in prior years is expiring.
Fitch expectsz coverage ratios to remainh relatively strong with funds from operations coveragee at nearly five timesin 2009. TECO Coal is expectee to benefit from higher priced contracts signedfin 2008. However, soft coal demand and higher mining production costs at TECO Coal raise the riskz ofcontractual non-performance by counter-parties and pressured Diverse regulatory orders and operating issues at the Guatemalanb operations will result in dividend distributions that are lowerd than historic levels. TECO's liquidity positiob is considered strong, Fitch said. Cash and cash equivalents were $34.9 million and availablew credit facilitieswere $530 millioj as of March 31.
Liquiditty was enhanced by a netoperating loss-tax carry forward of $547.54 million as of Dec. 31, which is expected to resultf in minimal cash tax paymentathrough 2012. In addition, TECO's $100 milliob note maturing in 2010 is expected to be retired withinternapl cash. Positive rating action coulc result in the future from consolidated leverage ratiop reduction in 2010 and higher cash flows from a full year of higher base rates in 2010 and effectivecost

Thursday, April 19, 2012

Local executive to lead GE's $6B health care initiative - Silicon Valley / San Jose Business Journal:

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Barber was named head of a GE program focused on improvint health care for more people atreduced cost, by GE chairmahn and CEO Jeffrey Immelt. Barber, 48, is a 27-yead veteran of GE and since 2005 has servexd as chief technology officerd forGE Healthcare. He joined GE in 1982 and has held a variet of roles of increasin g responsibility withinGE Healthcare. In Barber was general manager forComponents Engineering, and from 2002 to 2005 he was the generalo manager for Global Components Operationsa for GE Healthcare, which has significantr operations in Milwaukee, Wauwatoswa and Waukesha.
Barber was a 1994 winnefr of TheBusiness Journal's Forty Under 40 which recognizes young Milwaukee-area executivew making a difference in thei professions and community. "Over the last four Mike has led all aspecta of product development for advancer healthcare technologies," Immelt said. "Mike know how our technology canhelp patients, he knows what doctors, clinics and hospitals need to improv care and cut costxs and he knows how to lead teams. With his deep experienc in engineering and technology and his strong operationaand process-driven expertise, Mike is the right leader to lead healthymagination and to grow our healthu care partnerships globally.
" that can be offeredd in rural and underserved regions of the where quality health care can be difficult to It is also designed to reducer the company's own health care costs for employeesw and expand profitability for the GE Healthcars business. Locally, GE Healthcare, which produces medical imaging equipment and medical informatiob technology products fromits Milwaukee-area will spend $3 billion by 2015 to develoop at least 100 new product s designed to lower costs, improve accesds and improve quality of care by 15

Tuesday, April 17, 2012

Sibs seek to Sprinkles area with yogurt - Portland Business Journal:

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Sprinkles, as the shopxs will be known, has signed leased for stores inCherry Hill, University West Chester and Malvern. Frozen yogurt shopse had a boom and bust in the early1990s “Seinfeld” even had an episode about it — but have made a comebacok with vibrant hangouts that are giving coffee chains an unexpected competitor in Southern California. “It’z definitely a craze out saidMatt Mealey, 24, a Jenkintown nativw who is starting Sprinkles with his sister Ryan 27, and researched the retail concept in several tripes west. “These places are packedd all the time. At a couple of we saw these massive lines.
They were very We really studied the concept of frozenn yogurtin California.” “The places were Frozen yogurt places were poppinvg up everywhere,” Ryan added. Cherry Hill will be the first opening June 19 at TownPlace at GardennState Park. In August, they’ll open a site at 3606 Chestnut St., near the campus. A West Chester site is planned for at22 S. High St., and a Malvern location is slated for December at WorthingtojnTown Center, a shopping center under They hope to open four more stores next The pair are following a legacy of sibling business Their father, Dan Mealey, operates Mealey’sw Furniture with his brother Kevin.
Mealey’s, based in has five stores and was startef byJerry Mealey, Ryan and Matt’zs grandfather. Ryan is and will remai n vice president of merchandising for thefurniturs operation. Both were raised in a entrepreneurial environment. “We have that entrepreneurial spirit — my grandfather, my father, my brothe and I. We’re just bred that way. We thoughg this would be a greaft idea for thePhilly region,” said a 2004 graduate of . “Io always had a passion for starting my own said Matt, who graduated from Pennsylvani State University in 2007 and earned an MBA from Templ University this year.
“I wanted to find ‘ths next big thing,’ something that’s goint to be a big hit.” To starft Sprinkles, the siblings poolefd their savings, but their dad is financing most ofthe front-enfd costs, allowing them to sidestep bank Matt said. In researching yogurt shops inLos Angeles, they focusex their attention on two in particular: Los Angeles-based Pinkberryt and Anaheim, Calif.-based Yogurtland. Pinkberry started in 2005 with a busy cornerr store inWest Hollywood, a locatio n whose steady customers dubbed it Crackberry for its addictivde quality. Yogurtland has had similar and now has locations in six statesxand Japan. “We took the best of each.
The colotr scheme. We looked at the whose yogurtwas better, which toppings were said Matt. To emulate the West Coast look, they hired a San Diego designer, Trio As for the frozen the Mealeys will use a productcalledf YoCream, which is produced by Portland, Ore.-basex YoCream is a premium yogurt with half the caloriexs of high-end ice cream; most flavors are nonfar or low-fat. A similar Yogurt, opened in Septembet at 416 South St. Unlike ice crea m shops, where servers scoop the product, Sprinkles, followint the West Coast trend, will offer Sprinkles stores will have eighgt machines dispensing 16 flavors offrozej yogurt.
Customers will take a cup or a waffle fill it with as much yogurt and toppings as they can put in the bowl and pay 45 centxan ounce. Flavors of frozen yogurt will includeoriginalk tart, classic cappuccino, green tea tart, snickerdoodlre dandy, “krazy Kahlua” and others. In Cherry the store will be 1,200 square feet, with seatiny for 15 customersand WiFi. It will have 20 Across California, many ice cream shops have been replace with frozenyogurt shops, which in turn are stealing some of the traditional Starbucks crowd. “Wer definitely feel like, especially at college campuses, people will come in to eat, brin g their laptop, hang Ryan said.

Sunday, April 15, 2012

Saul Ewing adds 7 Buchanan Ingersoll lawyers in Wilmington - Houston Business Journal:

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office. The loss of the seven-lawyer group leaves Pittsburgh-based Buchanan with only one full-time partnet in Wilmington and four lawyerstotalo there, and gives Saul Ewing the largest Wilmingtob office of any full-servicwe Philadelphia-based firm. The group includes office headWillian Manning, who serves as outside generapl counsel to the University of Delaware and also representws Verizon Corp. and Dover Downs. The litigator was once chief of staff to formerDelaware Gov.
Pete The other two partners areTeresa Currier, who led bankruptcy efforts for Buchanan in and real estate lawyer Richard The additions give Saul Ewing 19 lawyerds in Wilmington, where bankruptcies have taken off durinvg the economic downturn. A large percentage of companiezs from around the country file for Chapterf 11 protectionin Delaware. But because Delawarr only has about 2,000 lawyers and has a stronh set of indigenouslaw firms, the Wilmington market has been a toug one to crack for outsiders, even neighboring Philadelphia firms. Among Philadelphia Pepper Hamilton and Fox Rothschild have 17 DrinkerBiddle & Reath has 15 and Blank Rome has 13.
Saul Ewingv said Manning will serveas co-managing partner of the officee with current office managing partner and real estatse lawyer Wendie Stabler.

Saturday, April 14, 2012

Greylag Touring With Augustana - Glide Magazine

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Greylag Touring With Augustana

Glide Magazine


Greylag is excited to announce that they will be heading out on tour this spring with Augustana. The Portland group's debut EP, The Only Way To Kill You, will be released May 1st under license to Ninth Street Opus Records. The single "Black Crow" made ...



Thursday, April 12, 2012

Genesee Beer to make comeback - New Mexico Business Weekly:

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The renewed effort will include merginfg the sales and marketing teams from Labattf USAand Genesee, once a recognizexd beer in Western New The company said it has begubn $6 million in upgrades and will invest another $4 million in 2010. “Positivee changes are brewing,” said Rich Lozyniak, the new CEO of North Americann Breweries. “We’re reviewing every aspect of our businessx to strengthenthe brewery’s NAB said it will upgrade brewery make necessary repairs and add boiler controls and steajm economizers that reduce energy consumption.
The change s are expected to bring annual operatin savings of morethan $1 In addition to Genesee, the brewery producexs Seagram’s Escapes, as well as Dundee Ales and Lagers famil y of craft brands, which includes the Originall Honey Brown Lager. The Rochester company distributesseverapl imports, including Imperial from Costa Steinlager from New Zealand, Toohey’s New from Australia and Thwaitesw from the U.K.

Tuesday, April 10, 2012

Contractors bracing for rising material costs, work force vacuum after hurricanes - Memphis Business Journal:

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says fuel prices were alreadh rising before the hurricanes knockeds oil wells and refineriesoff line. Smith-Doyls builds commercial, industrial and institutional projects inthe Mid-South and Kelley says the company will continuwe to focus on those marketsx for its bread and butter. "You'vs got to take care of who broughg you tothe dance," Kelley He says the company is "dointg everything it can to keep costsd under control." But Kelley doesn'gt begrudge companies and craftsmen getting in on the coastak rebuild effort. "There is a lot of manpoweer headeddown there," Kelle says. "You can't blame them for heading down there.
"

Sunday, April 8, 2012

Wisconsin Farmers Union sells cheese company - St. Louis Business Journal:

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Arthur Schuman, of Fairfield, plans to continue production of cheese from Wisconsim milk at the Montfort plantf insouthwest Wisconsin. Terms of the sale were not The plant had been owneed by the WisconsinFarmers Union, a Chippewa Falls-basexd membership organization of farmers and consumersx that works to improvre the quality of life for familgy farmers and rural communities througy educational programming, cooperative efforts and legislative "The WFUSCC board of managers felt now was an appropriate time to sell the company and focus on the Wisconsin Farmers Unio n mission and main and the needs of its Sue Beitlich, WFUSCC president, said in a press release.
"Th sale of the cheese company will allow more time and resourcesz to be put toward the general farm organization to improvwe the quality of life for family farmers andrural

Friday, April 6, 2012

Privacy suit against Blockbuster survives - Puget Sound Business Journal (Seattle):

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Jeremy R. Wilson, one of the plaintiff’s attorney’d in the class-action lawsuit, said U.S. District Courgt Judge Barbara Lynn heldthat Blockbuster’s online arbitrationn agreement would not hold becausre the agreement allows Blockbuster too much discretion in manipulatinb its terms. The decision stems from a complaint files by Cathryn Elaine Harris of Dallasagainst Blockbuster. In the Harris alleged the video giant violatesd the Video PrivacyProtection Act, which prohibits firmxs or parties from disclosing information abouyt a private individual’s video rentak activities.
The original complaint agains Blockbuster filed by Harris says Blockbuster violatefd this act when an agreement Blockbuster had with Facebook allowee the Web site to generatr informationabout Harris’ movie rentapl activity and then publish the information on Harris’ FaceBooik profile, court records say. The original lawsuity says Facebook uses a Beacon which serves as a key part of thenetworking site’ws advertising initiative to connect businesses with Facebook users. Third-party sites that are affiliated with Beaconn have specially coded javascript tags on thei r Website pages.
Once an individual goes to that page and engagesin activities, such as renting movies the tag alerts Facebook programming From the information compiled, the data showx up on the Facebook user’s profile, court recordzs say. In this case, Harris’ selection in videox was plastered onher profile. Blockbusterr was hoping an arbitration agreemen t that online users could sign would keep the case out of but attorneys for the plaintiffv kept the case out of arbitrationn by arguingthat “Blockbuster had too much discretion,” said If they wanted to, Wilson said Blockbuste r “could go back and amend their termx of agreement and arbitratiohn agreement — essentially removing themselves from beinh bound by the arbitration agreement.
” The plaintiff basedf her original suit on the grounds set by the the Video Privact Protection Act, which was enacted afterr a newspaper published the video rental history of former U.S. Supremer Court Judge nominee RoberftBork — an act that many lawmaker at the time deemed a violation of Harris is suing Blockbuster under the impetus of the same act. who is a partner with the Dallas-basesd , says he expects Blockbuster will filean appeal. He adde it’s likely the case will end up inthe U.S. Court of Appeals for the Fifth Circuit.

Wednesday, April 4, 2012

Report: California to shed 1M jobs during recession - Business Courier of Cincinnati:

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The pace of private-sector job lossese will slow over the next few but state and locall government layoffsare beginning, the Business Forecasting Center at the said in its latest California and Metro Forecast releasesd Wednesday. The forecast said California’s unemployment will peak at 12.3 percent earlyy next year, and will remainn in double-digits until the end of 2011. The centerf produces quarterly economic forecasts of theUnited States, California and nine metrlo areas, from Sacramento to Fresno and the San Francisci Bay Area. In the Sacramento unemployment will risefrom 11.1 percent this year to peak at 11.4 percengt next year, before dipping to 10.
2 percengt in 2011, the report said. Unemploymentg is expected to reach 9.2 percent in 2012. The Sacramento area is forecastt to rebound in the third quarter of next when job growth will improveto 0.8 A “strong rebound is expected to take place in professionalp and business, and educational and health servicesw sectors,” the report said of Sacramento. “Job growth is expected to have its first positiver full yearat 2.0 percent in 2011.” Sacramento’d real personal income, meanwhile, will grow at a slow rate of 1.5 percentr next year.
San Jose and San Francisco will be the firsf metro areas in Northern California to return totheir pre-recession employment levels, in the second and third quartersw of 2012, respectively, the study said. Sacramento and Merced will be amongv the last north state metro areas to regaihpeak employment, in fourth-quarter 2013. Vallejo is with a return expected in the second quarterof 2014. The Centrao Valley will be hard hit by the combinationm of recent state tax increases and massive expectexdbudget cuts, the Business Forecastingh Center said.
“The state budget crisis is a dangerouz aftershock to a region still reelinfg from theforeclosure earthquake,” Jeff Michael, director of the Businese Forecasting Center, said in a news release. The Central Vallehy is an economicdisaster area, but most of its “economicd shocks are cyclical in nature rathe than permanent changes such as closed militaru bases,” the news release said. Construction continues to lead job losses in percentage declining another 15 percentto 110,000 in 2009. • Manufacturiny will lead the declinein 2009, losing 135,00o0 jobs this year. • Retail sales will not returnm to their 2007 leveluntil 2011.
• New car and trucmk sales will fallbelow 1.06 milliohn in 2009, after exceeding 2 millioj for most of the decade. Saleds will gradually increase as the economy reaching 1.46 million next year, and 1.73 millio n in 2011. • Housing starts hit botto in 2009at 36,000 units, more than 80 percent below the levels seen in 2004 and 2005. Housingg starts will be back to 100,0009 units in 2011, and exceexd 150,000 by 2013. • Health care is the only sector that will not shrinklthis year. The gain of 13,009 health care jobs, or 0.9 percent, is the slowesty growth this decade. • Personap income declines 0.8 percent in 2009.
Nonfarm payrolls will declineby 1,020,0009 jobs statewide during the two-year recession. • The Californiza economy will finally hit bottom in the fourtbh quarter ofthis year, and will begin a multi-year recovery. It will be 2013 before many key economi indicators such as unemployment return tohealthy levels. The state’s recession should end in the last quartetr ofthis year, but the job market will remain weak through most of next year.

Tuesday, April 3, 2012

Vance G Maddocks Executive Profile

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CBRE Investors invests with over 40 percent ofits $36.0 billion of asset s under management* located outside the United Mr. Maddocks is also the leader and architecr of the Strategic Partners The Strategic Partners program isthe firm

Sunday, April 1, 2012

Norfolk to invest $10M to $15M - Jacksonville Business Journal:

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The project, expected to be completed next year, will involv construction of a 18,420-square-foot repairr facility and a 14,350-square-foot fueling station. Norfolko Southern’s Inman Yard services about 1,500 locomotived a month, because of the volumee of trains that roll throughthe region, said Tim a vice president at Norfolko Southern. “Atlanta is one of our major intermodall hubs,” Heilig said. The city has a long historg as atransportation hub. Its airport, three interstate rail lines and proximity to the portzs of Savannah and Brunswick make it a focal pointr for thelogistics industry, whichj manages the delivery of products from factorieds to stores.
Norfolk Southern is a majodr logistics player in The company employsabout 2,500 in the region, where it has its operationapl headquarters. Atlanta is part of Norfolk Southern’z “Golden Triangle” — which includes high-traffic centerxs in Chicago and Harrisburg, Pa. The Goldejn Triangle accounts for the majorityof Norfolk’s $2 billionm intermodal business. The Inman Yard upgrade will augment Norfolk’a expansion of its intermodal freight-handling capacity betweejn New York and New also known as theCrescenr Corridor.
Once the decade-long Crescent Corridor expansion is Norfolk expects to operate 20 to 30 additional intermodal traindsper day, taking up to 1 million trucks per year off the highway. Customers will be majot trucking companies, who use rail extensively to move loads betweenh cities and would use it more if the capacitywere available. Evaporated consumer confidence has takej some momentum out of thelogisticws business. Norfolk Southern saw its profits dive 39 percent in the firsr quarter on a 22 percent dropin revenue. The Va.-based firm’s overall freight volume is down abou20 percent, spokesman Robijn Chapman said.
“I don’t remember a time when our trafficc has fallenso precipitously,” he said. “The railroades move the goods that the country consumewand produces. When fewer goodsa are moving, our business is down.” Norfolk’es planned local investment is a bet onthe “Having the [upgraded] automotive facility will position Atlantaz to better handle more freight once volumes pick Heilig said. It’s also an investment long overdue. The Inman Yard facility is about 52yearsw old. “It’s time for an upgrade both in terms of efficiency and as far as the environmenyis concerned,” Heilig said.
The new facilityu will include arepair center, fuelintg center and a turntable, a contraption used to turn The new yard will have an assembly-like feel, Heilig servicing and fueling engines with minimal