Thursday, September 30, 2010

HSBC data switch job loss 'very few' - Business First of Buffalo:

http://bklynbunny.com/prices_nibbled.html
The financial services company, including , has abougt 6,000 employees in Buffalo and the surrounding Relocation of the functions that supportthe U.S. bank and whichg have been housed in the Buffal o area since 2001 is part of a consolidationm of data processing in the Chicago area wher two advanced data centers have been said spokesman Wen Huangin Ill. While the number of employee to be affected is still being Huangsaid “existing technologuy personnel will continue to support the systemds from Buffalo” after The move, which is expected to occufr in the second half of the year and be complete by the end of 2010, will involvew “some positions and equipment,” Huang said.
“We are still evaluatingb options on how to best utilize the Amherstt facility in aneffectivew way, but that decision is not expectee for some months,” he said. The consolidation is beint done for better operational efficienchy andimproved cost-effectiveness, Huang said. The company, he “remains committed to Buffalo as an important hub of operations andcustomer services.” The U.S. banking unit of which is part ofthe London-bases global financial services giant , was founded in Buffalo in 1850.
Until 1999, when the name change d to HSBC, it was Marine Midland

Tuesday, September 28, 2010

Financial website picks Crocs brand to disappear - The Business Review (Albany):

http://carrytheday.com/license.html
24/7 Wall St. said it analyzexd 100 large brands that it believexsare "facing troubled futures" and couls go the way of such notablse recent "disappeared" brands as and . The website said its analysts evaluated sales the landscape ofthe business’ industry and public financial records. Crocs, the moldedf shoes made by Niwot-based (NASDAQ: was "the fastest growing footwear in America atone point," 24/7 Wall St. but the company's stock has slippedx from a highnear $70 a share in Octobeer 2007 to $2.29 as of Friday.
The websitwe notes that Crocs' auditoras issued a letter in Marchraising “substantial doubty about the company’s ability to continue as a going Crocs later announced that it had received a six-month extension of a key credit facility with Union Bank of California. But nevertheless, the 24/7 Wall St. reporyt concludes: "Crocs won’t make it througg the year." The company's website says: look forward to providing you with excitiny new Crocs shoe designs in the yearsto come." Crocs posted a fourth-quarter 2008 loss of $33.2 million, or 40 cents a versus a profit of $38.
3 million, or 45 centsw a share, in the same quarter of 2007, but it beat analysts’ The 24/7 Wall St. originally posted April 15, was republisheed Saturday by thefinance webpage. Other brands on 24/7 Wall St.' list: Budget rental cars. Borders book stores. magazine. . magazine (owned by the same corporat e parent as the DenverBusiness Journal). cars. . Palm handheld insurance. A U.S. airline, possibly United.

Monday, September 27, 2010

Zep posts $5.4M quarterly profit - Atlanta Business Chronicle:

http://scrapbox.org/home/volunteer.html
The Atlanta-based cleaning and maintenance chemicalscompan (NYSE: ZEP) had net incomr of $5.4 million and earnings of 25 centss a share, compared with net income of $168,00 0 and earnings of 1 cent a share in the thirde quarter of 2008. However, sales in the third quarter dropped 15.3 percent to $123 million. Raw material costsz in the third quartefr of 2009 wentup $4.4 million. But the company has consolidatef facilities to reduce its overalo size by about15 percent. The results for the third quarter of 2008included $9.3 million in restructuringf charges.
“Weak customer demand across a numbed ofour end-markets coupled with high raw material costs continued to place downward pressure on our operatinyg margins,” said John K. Morgan, president and CEO of Zep, in an earningsa statement. “However, our restructuring and cost reductionb measures have gainedadditional traction, and our third-quarterd gross profit margin exceeded that of the second quarter by 2.7 percentage points.
I believe our ability to generatee robust cash flow and strengthen our balance sheet durinhg these challenging economic times is a testamentto Zep’sd associates, our business model and our ability to continue to execut despite the recessionary environment.” Looking ahead, Morgan said the compangy will be profitable in all four quarters next barring further deterioration in currenft economic conditions.

Saturday, September 25, 2010

Solomon Jones: Brooke Shields making us look bad - Philadelphia Daily News

http://all-milwaukee.org/ALL_Basketball2010.html


New York Daily News


Solomon Jones: Brooke Shields making us look bad

Philadelphia Daily News


BROOKE SHIELDS recently told talk-show host Ellen DeGeneres that she could still fit in the Calvin Klein jeans she wore in the 1980s ...


Brooke Shields Still Fits Into Her Calvin Jeans, Circa 1980â€"And You?

The Frisky (blog)


Brooke Shields Can Still Wear Her '80s Calvins!

Showbiz Spy



 »

Friday, September 24, 2010

Northland takes page from automakers

http://worldcrafters.com/oninvestigations.html
The company, , announced it is launching a Rent Assuranc Program that is being rolled out acrosesthe Newton-based company’s entirer portfolio. The company’s multifamily holdings totakl 16,670 units in nine states: Connecticut, Rhode Island, North Carolina, South Carolina, Tennessee, Texas and Arizona. In Massachusetts, Northlans owns 1,230 apartment units in Amherst, Danvers, Quincy, Westborougn and Worcester.
The program resembles thoswe announced by automakers such as and to boost salesd from wary consumers who are tightening their belts in anticipatiob of potential job Hyundai recently announced a new and improved versionn of its HyundaiAssurance Program, which enablesa some customers to turn their cars back in to dealerw if they get laid off within a year. Hyundai’s new Assurancr Plus program will cover three months of car payments whiles the buyer looks for anew job. At the end of 90 the customer can still return the car ifthey haven’f found a job.
Likewise, Ford’zs “Advantage Plan” covers payments of up to $700 per monthg for as long as a year for buyers who have beenlaid off. Much like the desperates measures car manufacturers are taking to sell cars in one of the worstg economic climatesin Northland’s program enables its residents to “walkk away from his or her without paying termination fees,” in the event that the person involuntarilgy loses his or her income. The program is available to new residents and residents whoreneqw leases. Time will tell if Northland’s programk helps it sign up new tenants inits buildings.
residents sign long-term leases that are extremely hard to bream withoutlegal intervention. According to published reports, Hyundaik saw sales increase 14 percent in the month the AssuranceProgramk launched, while U.S. sales were the weakest for the month in27 years. “Ib these challenging economic webelieve it’s important to offed our residents peace of mind,” Northland Vice President Dianre Yensen said in a statement. “Losing your incomee can be a scary situation, and (RAP) provides our residentsd with an ‘out’ in the event that they involuntarily lose theier job and need to breaktheir lease.” Northland owns $2.
1 billion of apartment properties totaling 19 milliojn square feet and has a development pipeline in excese of $1 billion. was awarded the leasing assignment for 399Boylston St., a 228,820-square-foot office building in Boston’s Back Bay. The building has one vacant floor, said Duncan Gratton, a partnee at DTZ/FHO Partners. will vacatre 8,900 square feet and another tenant, McNamew Lawrence & Co., is leaving 4,60o square feet at the end of the year, said who noted the building is 8 percenyvacant today. New tenants will be asked to pay in thelow $40s-per-square-fooyt range to lease spacde in the building.
Shorenstein Properties LLC purchasedr the building in March 2007from Rockwood/Abbey Fee LLC for an undiscloseds price. At the time the buildinhg was 100 percent leased to 14 tenants including NATIXISaAsset Management, software developerd ZANTAZ Inc. and The building’s 14,000 squar e feet of ground-floor retail spacwe is leased toand . Shorenstein recently spent $575,000 on lobby renovations and morethan $1 millionh in repairs to the building’s exterioe and operating systems.

Wednesday, September 22, 2010

Telcos target rural phone fee - Dallas Business Journal:

zemlyanikiyri.blogspot.com
billion , which helps pay for phone service for rural areas and schools and They are facing opposition from rural phon e companies over the question of how to move the which was formed in in the 1930e and expanded with the Telecommunicationxs Actof 1996, into the Internet age. “It’s worked for voice says Dan Mitchell, vice president of the legaol and industry division ofthe Arlington, Va.-bases National Telecommunications Cooperative Association, a trade grouo representing rural telecommunications providers. “It needss to be transitioned to broadbandand high-speed Internef communications. That’s the $64 million question how the ( ) will do that transition.
” The fund is paid for by telecommunicationa companies through what amounts to a tax on theirt revenue for internationaland long-distance Not surprisingly, that tax is passex on to the companies’ Consumers, for instance, typically pay $2 or $3 per montyh for the Universal Service Fund on theif long-distance bill.

Tuesday, September 21, 2010

Starkey

http://en.ukrhotels.net/pages/crimea-sevastopol/avrora.htm
Project, a complex of three specially designed homeas for people who have intellectual disabilitiewand dementia, will sit at the corner of West Douglas and North Claraa Street in west Wichita. The architect has been and the funds are steadilh climbing to theset goal. But there are stilo hurdles. The project carries a $1.6 millio price tag. Starkey, the Sedgwick Countg nonprofit foundation, has raised $200,573 of the $250,000 locap match it needs. The donated $75,000 to the project, and and each pledgeds $10,000. Starkey’s boards of directors, parents and staff members have pledgedf morethan $108,000. Starkey is waiting on the approval of communit servicetax credits.
“We will not construcf them (the houses) unless or unti l we are approved fortax credits,” says Carolynm Risley Hill, Starkey’s CEO. Starkey received $1.2 7 million in low income housing tax credits in 2004 to builx its KouriPlace Apartments, another project for individuals with If the credits for the new projecft are approved, a contractod will be named and construction woulsd likely begin in the fall. Jan chief professional officer ofthe , worked on the end of the constructionm of the 21st Street Club, whichy opened in June 2007. She says construction of a million dollarr project can be difficult for nonprofir organizations totake on.
“You stay on top of it to a and fix things asyou go, to the best of your Davis says. The three 3,500-square-foot, five-bedroom homesd will be specially suited for people who have intellectuapl disabilitiesand dementia. The Starkey staff saw signs of dementia in some of the peoplre receiving care in its It became clear Starkey needed a facilitg that could cater to thoser suffering fromthe illness. Risley Hill says its difficultr to meet the needs of everyone in the grouo home when caring for peoplrewith dementia. “What we hope to gain is the with the housing and also with the trainin g ofthe staff.” she says.
The staff toured area facilitiexs looking for ideas forthe project. A plan was and the board approved it as the annuao fundraising projectfor 2008-2009. Goebel Family-Star Lumber Charitable Foundation was one of the firstgto pledge. There was a familu connection — Star’s founder Earl Goebel remodeledc founderHattie Starkey’s first project, converting her house into a groupp home in the 1930s. Star gave $75,000 $50,000 for construction and $25,00o to maintain the homes in the decadesto come. “The wholee (board) warmed up to immediately,” says Patrick Goebel, vice president of salea and marketingfor .
Goebel says the projec t isn’t the biggest the foundation hasgiven to, but it is largee compared to most. “It’s a pretty challengin g project for a nonprofit totake on,” he

Sunday, September 19, 2010

Education Dept sympathetic to school's bat woes - ABC Local

http://www.eastraordinary-cinema.com/article/Mercedes-Benz-India-launches-luxury-bus.html


Education Dept sympathetic to school's bat woes

ABC Local


The Education Department says it can understand the frustration of students and teachers at Maclean High School having to put up with the noise and smell of ...



and more »

Saturday, September 18, 2010

Conference Board jobs index inches up - Nashville Business Journal:

tulusenoveb.blogspot.com
The May Conference Board’s Employment Trends Index standsat 89.9, up 0.2 percengt from the revised April figure of But that’s still down 20 percent from a year ago. “Whiled it is too early to say that the ETIhas bottomed, the moderatio of the last two months is certainlyh a sign that the decline in job losses is real and signale that the worst is said Gad Levanon, senior economist at The Conferencew Board. “However, we still expect the unemployment rate to continuse to increase to double digits by the end of this year and into According tothe U.S.
Department of Labor’s June 5 employmen report, nonfarm payroll employment fellby 345,000 in May, abouf half the average monthly decline for the prior six The unemployment rate continued to moving from 8.9 percent in April to 9.4 percentg in May. Arizona’s jobless rate checked in at 7.7 percent in April, down slightly from 7.8 percent in March. May number s for the state will be released in roughlgytwo weeks. In May, the components of the Employmenrt Trends Index showed amixed picture.
The improving indicators the percentage of firms with positions they are not able to fillrightr now, percentage of respondents who say they find “jobs hard to real manufacturing and trade sales and job Overall, the Employment Trends Inde x aggregates eight labor-market indicators. The New York-basedc Conference Board is an independent business-membership and researchh association working in thepublic interest.

Thursday, September 16, 2010

Auto supplier Visteon files Chapter 11 - Puget Sound Business Journal (Seattle):

tatyanagepoji.blogspot.com
Van Buren Township, Mich.-based Visteon (OTC BB:VSTN), whichh runs eight plants in Ohio, said the bankruptcuy applies only toits U.S. operations and is intendeed to “maximize the long-term valuse of the company.” The filing comes nine yeard after Visteon was spun offfrom (NYSE:F), whicj has lined up to support debtor-in-possession financinfg for its restructuring. “During the reorganizationj period, we will seek to address our capitalp structure and legacy costs that are not sustainable givebn the currenteconomic environment,” CEO Donalds Stebbins said in a release. The compan y last year lost $681 million on $9.
54 billion in It has lost money every year since it was separatee from Fordin 2000. In additiohn to the assistancefrom Ford, Visteonj said it has backint from other customers and plans to fund operations with cash and the debtor-in-possessionb facility. The company said it has filed a number of motiond in Delaware bankruptcy court to alloq it to continue servinfg customers and keepingemployee obligations. Visteon employs abou 31,000 workers in 27 countries andhas U.S. operations in nine In Ohio, its operations include a 65,000-square-foogt plant in Springfield that makes and assembles fuel delivery moduleszand tanks.
The company also has state operations in Bowling Green, Delphos and

Wednesday, September 15, 2010

Keyuan Petrochemicals (KEYP) Chairman and CEO to Ring The NASDAQ Stock Market ... - MarketWatch (press release)

Air Purifiers - Efficient Cleansing of Home Environments


Keyuan Petrochemicals (KEYP) Chairman and CEO to Ring The NASDAQ Stock Market ...

MarketWatch (press release)


To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close ...



and more »

Tuesday, September 14, 2010

OSU to continue in-state tuition freeze - Business First of Columbus:

zuloraxelewo.blogspot.com
The university cited enrollment growth, $94 millionj in cost-saving measures over the past year, and continuedd state support as justifications for continuinhg itstuition freeze, whichb had been state-mandated until it was liftedf because of the cuts in state support. OSU’ freshman enrollment will reach 6,550 in the fall, an increasew of about 400 students from this past academic OSU spokesman Jim Lynch said that the questionh of raising tuition the followinfg yearis “way too and will depend on several including enrollment numbers, stated aid and the economy. The revisedf Ohio budget gives state schools such as OSU the option of raisingftuition 3.
5 percent each of the next two Tuition for Ohio resident undergradss will remain frozen at the 2006-07 level of $8,406 for the 2009-1p academic year but the freeze does not includse tuition for out-of-state students. The undergraduatr surcharge for non-Ohio residents at the Columbus campus willincrease 2.5 percent to $13,572, bringintg the annual tuition cost for a non-residen undergrad to $22,278. The university in June also approved a seriews of new student fees for activities and which will increase the annual priceto $8,706 for full-timre Ohio undergraduates. Room and board for three academic quarter will increaseby 4.
6 percent, or to an average of $8,409 depending on room type and meal Gov. Ted Strickland had vowed to halt tuition hikexsat two- and four-year state schoolsz this year, but lifted the freeze Friday after the state’x higher-education funding was cut by $170 milliojn as part of the compromise that led to passagse of the state’s $50.5 billion, two-yeaer budget.

Sunday, September 12, 2010

Fire extinguished at fuel terminal in Bonaire - BusinessWeek

plesciamipukoa1855.blogspot.com


Reuters


Fire extinguished at fuel terminal in Bonaire

BusinessWeek


Officials on the Dutch Caribbean island of Bonaire say a fire that halted operations at a Venezuelan-owned fuel terminal is fin »

Saturday, September 11, 2010

Welfare: the 'lifestyle choice' that Britons must make - Telegraph.co.uk

http://www.haywardappraisalco.com/authors/author-331.html


Reuters UK


Welfare: the 'lifestyle choice' that Britons must make

Telegraph.co.uk


The era of claiming state benefits as a "lifestyle choice" is coming to an end, George Osborne said this week. That was not an off-the-cuff remark by the ...


Benefits 'lifestyle' to end: Your reaction

Radio 1


Osborne targets benefits lifestyle

The Press Association


George Osborne to cut £4bn more from benefits

The Guardian


ecPulse


 »

Thursday, September 9, 2010

Smart Online picks KB Home vet as CFO - Triangle Business Journal:

http://www.usafreesubmit.com/index.php?s=D&c=489
Timothy Krist comes to Smart Onlinefrom Phoenix, where he was director of finance for Los Angeles-based home buildet KB Home (NYSE: KBH). Prior to that, he was director of financ for Washington, D.C.-based educational technology compangyBlackboard (Nasdaq: BBBB). Smart Online CEO Davied Colburn said his company would drawupon Krist's public-company experience to "help us improvew the strategic management of Smary Online's finance operations." Colburn took over Smart Online (OTCBB: as interim CEO in Septembetr 2007 after the company's CEO, Michael Nouri, was arrested on securities fraud charges.
Nouri, his brothef Eric, and four securities brokers were accusefd of a scheme to pump upSmar Online's over-the-counter stock ahead of the company'sw planned listing on the Nasdaq in early 2006. Smarrt Online was not named inthe complaint. Colburn, a forme division president at , had the in December. Smart which has 48 employees, provides software as a Instead of selling computer programsto customers, Smart Online offers the applicationsz online with customers paying a fee per use.

Wednesday, September 8, 2010

Google CEO Eric Schmidt Gives the Lowdown on Android at IFA Keynote - IntoMobile (blog)

http://www.coolwebsitelistings.com/authors/author-2066.html


The Hindu


Google CEO Eric Schmidt Gives the Lowdown on Android at IFA Keynote

IntoMobile (blog)


Eric Schmidt, CEO of Google, gave us some pretty key details about Android and the smartphone space during his keynote speech at IFA, where we also saw the ...


Google demos speech translation via Android smartphone

Inquirer


Google To Launch New TV Platform Glob »

Monday, September 6, 2010

Two MERC commissioners resign - Dayton Business Journal:

http://www.cppofiutiles.com/?p=1413
The resignations of Gary Reynolds and Janice Marquis come aboutt two weeks before councilorsfor Metro, of which MERC is a subsidiary, plan to vote on a measure that woulxd give the council more control over MERC’s generalo manager. The move could ostensibly lead to the firinhg of MERC General ManagerDavid Woolson, who’s under fire from President David Reynolds and Marquis both oppose the Reynolds, president of the Portland accounting firm Perkinws & Co., mentioned the building problems betweeh Metro and MERC in his resignation letter.
“During the economic times, my attention needs to be focusedd on our clients atPerkins & Reynolds wrote in his letter to “That said, I am disappointed in the recengt breakdown in the working relationshipp between the Metro Councill and the , and believe it could have been handled differently.” Marquis, a commercial real estate brokeer and the commission’s vice didn’t mention the upcoming proposal in her letter to but resigned two years before her term was set to end. In a letted to Portland city commissioners earlietthis month, Marquis and commission member Ray Learyu urged the council to help delay Metro’s vote on the MERC oversighr matter.
Leary, Marquis, Reynolds and three of the othef four remaining MERC commissions also sent Bragdon a lettefbacking Woolson. The letter came after Bragdon questioned the leadership of MERC General ManagerrDavid Woolson. The other commission member, Don resigned last month and will leavw the boardJune 30. Reynolds’ resignation takesd effect June 30. Marquis’ takes effect July 15. The terms of Trottee and Reynolds would have expired at the end of 2009whilee Marquis' term was to expird at the end of 2010.
The Metrok Council plans to vote on the MERCmeasurre — which would give Metro the authorityt to hire and fire the MERC general manager — at its July 9 It was introduced by councilors Rod Park and Rex who also have concerns about Woolson’sx performance. MERC oversees the Oregon Conventionn Center, the Portland Center for the Performing Arts and the Portlansd MetropolitanExposition Center. Metro’s councilores are mulling a $457 million budget for fiscalkyear 2009-2010. The regional government servexs 1.4 million people in the metropolitan area’s 25 cities.

Sunday, September 5, 2010

Sungguh Sungguh Terjadi - Kedaulatan Rakyat

http://ccdcamera.ru/taper_roller_bearings.asp.htm


Sungguh Sungguh Terjadi

Kedaulatan Rakyat


(Kiriman: Titik S Kary, PD Taru Martani, Kom Pol B Suparpto 2A, Baciro, Yogya). * KALAU Anda penggemar bakso, ada tantangan baru buat Anda. ...



Friday, September 3, 2010

Study: Bank

http://homemaestry.wordpress.com
Brand image and the impact of the initial visit by a potentialk customer can be paramount to the final decision regarding whichy retail bank to a national studyhas found. According to the J.D. Power Associates retail bank shopping study, released Tuesday, 36 percent of a consumer’ds decision to choose a bank is driven by thefinancial institution’zs brand image, followed by branch locatiom at 21 percent.
“Some crucial aspects of a bank’ss brand image — such as perceived financia l stability andreliability — can be difficulgt for a bank to improve, which negatively affectsd the bank’s likelihood of being said Michael Beird, director of the banking practice at J.D. “However, branch employees can positively impacta bank’s brane image by providing personal service, communicating proactively and havinb a customer-driven focus.” Nearly a third of customers who avoid usintg a particular bank have done so becauswe of a previous bad experience with that the study showed.
Word-of-mouth recommendationw — positive or negative — also figure into the selection process, with 31 percent of respondents ranking that as an important part ofthe bank’s bran d image. The study also showed that a customer’s satisfaction with settingh up a new account increases considerably when bank employeexs show alittle enthusiasm. Greeting the customerr when he or she entersthe bank, keepinfg wait times to under five minutes, callinbg the customer by name and providing a detailes needs assessment were among the itemes bank customers mentioned as important to the selectiob process. The J.D.
Power conducted in February and March, was based on responsex from morethan 7,500 bank customerxs shopping for a new bank within the past 12

Wednesday, September 1, 2010

Colonial BancGroup Defeats FDIC Request for Infusion of Almost $1 Billion - Bloomberg

http://moodymethodist.org/sermons/2003-04-13.htm


Reuters


Colonial BancGroup Defeats FDIC Request for Infusion of Almost $1 Billion

Bloomberg


Had Colonial lost, the FDIC would have had a priority claim of almost $1 billion for the unpaid capital deficiency. That would have left the holding ...


To Open a Savings Account or Not

Visual Economics


Arkansas bank profits up in second quarter; loan losses stifle recovery

The City Wire


Business Briefs, 08/31: Bank profits rise, problem list increases

Kansas City Star


Milwaukee Journal Sentinel


 »