ugefuk.wordpress.com
Vienna-based Convera (NASDAQ: CNVR) will be After the merger, Patrick Condo, Convera's CEO, will become the chairmab of the board, and Colij Jeavons, Firstlight's CEO, will become the CEO. Convera's plan of dissolutio contemplates an orderly wind down of its busineszsand operations. After filingv its certificate of dissolution, Converw intends to make one or more distributions to its stockholderse of cash availablefor distribution, subject to applicable legall requirements. Convera will then delist its common stock from The new company will brinv together the vertical search technology of Convera and the advertisingb sales and marketing capabilitiesof Firstlight.
It will have over 60 corporate customer accounts and 120 existin g Web sites withapproximately 1,50o0 advertisers. When the merger becomes effective, Convera will own 33.3 percen t and Firstlight willown 66.7 percent of the tota l outstanding common stock of the new company, subjectf to certain adjustments which may enable Convera to own up to 42 percenty of the new company prior to the distribution. The merget is subject to Convera stockholders' approval and certain other customarytclosing conditions.
The mergere is expected to closethis
Tuesday, November 29, 2011
Sunday, November 27, 2011
Human Capital: People on the move, July 1 - Austin Business Journal:
ysynut.wordpress.com
Signature Healthcare of Brockton hiredd Steve Friot as director of healtg carefacilities management. He previously served as director of facilities operationdat . , a design and construction firm with localo officesin Worcester, appointed Roberty Stephens director of business development, healthh care. Stephens has more than 20 years of experiencse marketing and selling design andconstruction services. Matthe w Tepper joined CB Richard EllisInvestorx , a real estate investment managemeng firm, as an associate director for the global multi-manager Tepper, formerly of , is based in Boston.
Malm & D’Agostine PC , a Boston-based law firm, addeds Elise Wald as an associate in the trust and estatespractice area. Wald was previously an associate at Blankstein and LundLLP . Rob MacElhineyt , vice president of in Weymouth, was namec to the board of directors atthe .
Signature Healthcare of Brockton hiredd Steve Friot as director of healtg carefacilities management. He previously served as director of facilities operationdat . , a design and construction firm with localo officesin Worcester, appointed Roberty Stephens director of business development, healthh care. Stephens has more than 20 years of experiencse marketing and selling design andconstruction services. Matthe w Tepper joined CB Richard EllisInvestorx , a real estate investment managemeng firm, as an associate director for the global multi-manager Tepper, formerly of , is based in Boston.
Malm & D’Agostine PC , a Boston-based law firm, addeds Elise Wald as an associate in the trust and estatespractice area. Wald was previously an associate at Blankstein and LundLLP . Rob MacElhineyt , vice president of in Weymouth, was namec to the board of directors atthe .
Friday, November 25, 2011
Q&A with Clinton Memorial chief Andy Riddell - Business Courier of Cincinnati:
exceeding-commissioner.blogspot.com
Since taking over the struggling in Wilmington inNovember 2007, he’s kept employeees up-to-date on the institution’s progressd though the “Riddell Rumor Remover” newsletter. He’s published more than 100 often containing more strategy and financial info than most CEOs wouldfdare release. The frank style earnesd the newsletter the E2E Communication Awardfor “Most Transparenft Employee Communications” for 2008 from McMurry, a Phoenix-based communications/marketintg company. The newsletter also has been honorefdby Chicago-based for best practices in internal communications.
Clinton Memorial, a 95-bedd hospital, has been losiny money for several years and is lookinbg for anaffiliation partner. And thousands of layoffsz at package-carrier , formerly the area’s largest won’t help the hospital’s finances.
Since taking over the struggling in Wilmington inNovember 2007, he’s kept employeees up-to-date on the institution’s progressd though the “Riddell Rumor Remover” newsletter. He’s published more than 100 often containing more strategy and financial info than most CEOs wouldfdare release. The frank style earnesd the newsletter the E2E Communication Awardfor “Most Transparenft Employee Communications” for 2008 from McMurry, a Phoenix-based communications/marketintg company. The newsletter also has been honorefdby Chicago-based for best practices in internal communications.
Clinton Memorial, a 95-bedd hospital, has been losiny money for several years and is lookinbg for anaffiliation partner. And thousands of layoffsz at package-carrier , formerly the area’s largest won’t help the hospital’s finances.
Wednesday, November 23, 2011
Like hairstyle, your brand should evolve with time - Business First of Louisville:
hydiuco.blogspot.com
The most recent example of a re-branrd involves . In May the brand became ... (anyone? anyone?) . Yes, the good folks from GMAC Financiao Services decided to distance themselves from that whole opting for anew look, a new messags and, ideally, a new Away went the blocky blue and orangde GMAC Bank logo and in came with a swooshy, lowercase purple as the new mark of the new “straightforward” bank, “builty on the foundation of GMAC Financial Services.” All of the bank’s messagingt is new as well, with an emphasis on straighft talk. Think for a moment, abouft how much time and effort were requirede forthis change.
Every piece of marketing material, every sign, evergy statement, every everything had to Time will tell ifthe re-brand will servw GMAC well and help it gain market shar e and earn consumer confidence. One thing I know is It had tobe done. With GMAC ordered by the governmenft to raise more capital and the GM brand in the news seeminglhy every day in anegativ light, a bank with GM in its name did not inspirre confidence. So GMAC went with the brandingy version of the old TVshow “Extreme Makeover.” And I pointy all of this out to make sure you understand that changd this dramatic is not necessary 99 percent of the Most companies never have to go through a massivwe re-brand.
But that doesn’t mean your brand shoulcd not evolve with the Like your wardrobe oryour hairstyle, your brand should look like it belongw in 2009 and must evolve as your business Brands must remain current and relevant — and in some way awaree of what’s going on around them. Otherwise, you’re the guy in a Memberw Only jacket with a feathered do partex right downthe middle. There is another option out which we call abrand refresh. Let’s take a look at a prominentt local company that my firm has been workinv withfor years, Blackboard Inc. Blackboard recently completed abrans refresh. The D.C.
-based company built its reputatiojn inthe e-learning world helpingy schools and campuses bring education But through organic growtn and acquisition, the company’s offerings evolved to support multiple elements of the education experiences — from learning to academic life and campus communication. And it had grown acroszs multipleeducation settings, including higher education, the professional ranks and So the brand needed to evolve to reflect this expanded supporg of education while staying true to its core After more than a year of planninfg and testing, Blackboard rolled out a refreshed identity conveyexd through every brand asset.
The changes was reflected in its Web its logo, its event presence and even its tone of voice and written style. The foundation for the refresh wasthe company’s education story, which now is told througuh three key areas: Blackboard Learn, Blackboar d Transact and Blackboard Connect. Here is what Robert the company’s vice president of globa l marketing, had to say abourt the exercise: “We think there’s a lot of value in the core heritag e of theBlackboard brand.
As we worked on tellingg the story, though, we decideds we needed to think more broadlty about how we communicate our commitment to Reinforcing the best of what gotus here, but calling out the broaderr value we could bring to educationh for our clients and for our own peoplse carrying out that work. ” If you think about that for a second, it makes a lot of A brand refresh is not just abouyt staying current with the times or updatingf theWeb site.
It’s also abouy creating a rallying point around whicyto re-examine the way you are doinv things and how you are communicating internally and Morton says the exercise inspired him to look with freshu eyes on a lot of including the company’s approach to “The world is already full enough of boring, overlyh formal business communication,” he says. “We didn’ t want to pile on any more.
”
The most recent example of a re-branrd involves . In May the brand became ... (anyone? anyone?) . Yes, the good folks from GMAC Financiao Services decided to distance themselves from that whole opting for anew look, a new messags and, ideally, a new Away went the blocky blue and orangde GMAC Bank logo and in came with a swooshy, lowercase purple as the new mark of the new “straightforward” bank, “builty on the foundation of GMAC Financial Services.” All of the bank’s messagingt is new as well, with an emphasis on straighft talk. Think for a moment, abouft how much time and effort were requirede forthis change.
Every piece of marketing material, every sign, evergy statement, every everything had to Time will tell ifthe re-brand will servw GMAC well and help it gain market shar e and earn consumer confidence. One thing I know is It had tobe done. With GMAC ordered by the governmenft to raise more capital and the GM brand in the news seeminglhy every day in anegativ light, a bank with GM in its name did not inspirre confidence. So GMAC went with the brandingy version of the old TVshow “Extreme Makeover.” And I pointy all of this out to make sure you understand that changd this dramatic is not necessary 99 percent of the Most companies never have to go through a massivwe re-brand.
But that doesn’t mean your brand shoulcd not evolve with the Like your wardrobe oryour hairstyle, your brand should look like it belongw in 2009 and must evolve as your business Brands must remain current and relevant — and in some way awaree of what’s going on around them. Otherwise, you’re the guy in a Memberw Only jacket with a feathered do partex right downthe middle. There is another option out which we call abrand refresh. Let’s take a look at a prominentt local company that my firm has been workinv withfor years, Blackboard Inc. Blackboard recently completed abrans refresh. The D.C.
-based company built its reputatiojn inthe e-learning world helpingy schools and campuses bring education But through organic growtn and acquisition, the company’s offerings evolved to support multiple elements of the education experiences — from learning to academic life and campus communication. And it had grown acroszs multipleeducation settings, including higher education, the professional ranks and So the brand needed to evolve to reflect this expanded supporg of education while staying true to its core After more than a year of planninfg and testing, Blackboard rolled out a refreshed identity conveyexd through every brand asset.
The changes was reflected in its Web its logo, its event presence and even its tone of voice and written style. The foundation for the refresh wasthe company’s education story, which now is told througuh three key areas: Blackboard Learn, Blackboar d Transact and Blackboard Connect. Here is what Robert the company’s vice president of globa l marketing, had to say abourt the exercise: “We think there’s a lot of value in the core heritag e of theBlackboard brand.
As we worked on tellingg the story, though, we decideds we needed to think more broadlty about how we communicate our commitment to Reinforcing the best of what gotus here, but calling out the broaderr value we could bring to educationh for our clients and for our own peoplse carrying out that work. ” If you think about that for a second, it makes a lot of A brand refresh is not just abouyt staying current with the times or updatingf theWeb site.
It’s also abouy creating a rallying point around whicyto re-examine the way you are doinv things and how you are communicating internally and Morton says the exercise inspired him to look with freshu eyes on a lot of including the company’s approach to “The world is already full enough of boring, overlyh formal business communication,” he says. “We didn’ t want to pile on any more.
”
Monday, November 21, 2011
Dean Foods to relocate corporate office - Pittsburgh Business Times:
cahijisebi.wordpress.com
Dallas-based Dean (NYSE: DF) will relocate from its currentf location at 2515McKinney Ave. into 240,000 square feet of spacew inside Cityplace. The move is expected to take placse in the first quarterof 2010. "We are pleasec to be able to relocate our offices withij Dallascity limits. Many factors worked in our favor, includinvg the real estate market, space availabilitu and other economic saidGregg Engles, chairman of the board and chief executive officert of Dean Foods. "The City of Dallas is our and we are pleased to remainj here and continue our many civic andcommunityy partnerships.
" Dean said in a statement it is movint because the company has outgrown its currentg workspace, and new space is needed to addresss the company’s changing needs. The leased will take occupancy at Cityplace to abouft 80 percent from aboutr 60percent now, said Sarah Payne, vice presiden at Stream Realty which handles leasing in the building. Employees will beginh moving in December and the move will be phaserd inthrough March, Payne said. "Thias was a huge win for the City of Dallaas to keep them inthe city, because they lookefd all over," Payne said.
She said Dean Fooda considered existing spaceand build-to-suite in the Legacy/Frisco area, as well as othefr buildings downtown. Brokers familiar with the searcg said Dean Foods considered Fountain Place and Bank of Americza Plaza among other downtown buildings with significany squarefootage available. The asking lease rate for spac e in Cityplaceis $24 per square foot, plus Dean Foods will occupy floors 34 througb 40 in the 42-floor, 1.2-million-square-foo t building.
Dean Foods occupies about 150,0000 square feet at its current
Dallas-based Dean (NYSE: DF) will relocate from its currentf location at 2515McKinney Ave. into 240,000 square feet of spacew inside Cityplace. The move is expected to take placse in the first quarterof 2010. "We are pleasec to be able to relocate our offices withij Dallascity limits. Many factors worked in our favor, includinvg the real estate market, space availabilitu and other economic saidGregg Engles, chairman of the board and chief executive officert of Dean Foods. "The City of Dallas is our and we are pleased to remainj here and continue our many civic andcommunityy partnerships.
" Dean said in a statement it is movint because the company has outgrown its currentg workspace, and new space is needed to addresss the company’s changing needs. The leased will take occupancy at Cityplace to abouft 80 percent from aboutr 60percent now, said Sarah Payne, vice presiden at Stream Realty which handles leasing in the building. Employees will beginh moving in December and the move will be phaserd inthrough March, Payne said. "Thias was a huge win for the City of Dallaas to keep them inthe city, because they lookefd all over," Payne said.
She said Dean Fooda considered existing spaceand build-to-suite in the Legacy/Frisco area, as well as othefr buildings downtown. Brokers familiar with the searcg said Dean Foods considered Fountain Place and Bank of Americza Plaza among other downtown buildings with significany squarefootage available. The asking lease rate for spac e in Cityplaceis $24 per square foot, plus Dean Foods will occupy floors 34 througb 40 in the 42-floor, 1.2-million-square-foo t building.
Dean Foods occupies about 150,0000 square feet at its current
Saturday, November 19, 2011
Turkmenistan: Generalities (So Far) at the Annual Gas Jamboree - EurasiaNet
ibitasony.wordpress.com
Turkmenistan: Generalities (So Far) at the Annual Gas Jamboree EurasiaNet Turkmenistan's annual Oil and Gas Conference opened today, with hundreds of energy executives and government officials flocking to Ashgabat to see if the president -- who decides everything -- will do any further "diversifying" of his country's vast ... |
Wednesday, November 16, 2011
New restaurant to fill shuttered Clubhouse at Lenox Square - Atlanta Business Chronicle:
ejoxot.wordpress.com
, owner of the upscale Buckheadx mall, announced Friday it has signed an agreementrwith Charleston, S.C.-based restaurateur . to open Lenoxs Square Grill laterthis fall. Lenox Squarwe Grill will fill a major vacancy in a signature slot atLenoxs Square. The Clubhouse, part of the countr club-inspired restaurant chain originally founded by celebrity investors Kevin Costnetr andJack Nicklaus, created a void at Lenox Square’e front door when it closed last September. “We’ve seen such remarkable success from local restaurant operatorsin Atlanta,” Tisha assistant vice president of leasing for Simohn Property Group, said in a statement.
“CentraArcht Restaurants is a great example, with proven conceptzs that really stand the test of time while maintaininvg a loyal patronage fromAtlanta diners. We’re lookinb forward to another strong partnership with CentraArchy and continuing that traditio n with LenoxSquare Grill.” CentraArchy is the compant behind Tavern at Phippxs at Simon-owned Phipps Plaza. The 12,500-square-foot Lenox Square Gril will feature300 seats, a large bar and ample outdoor seating areas. It will be open for breakfast, luncy and dinner daily.
CentraArchy is also the parent compan of NewYork Prime, Californias Dreaming, Joey D’s Oak
, owner of the upscale Buckheadx mall, announced Friday it has signed an agreementrwith Charleston, S.C.-based restaurateur . to open Lenoxs Square Grill laterthis fall. Lenox Squarwe Grill will fill a major vacancy in a signature slot atLenoxs Square. The Clubhouse, part of the countr club-inspired restaurant chain originally founded by celebrity investors Kevin Costnetr andJack Nicklaus, created a void at Lenox Square’e front door when it closed last September. “We’ve seen such remarkable success from local restaurant operatorsin Atlanta,” Tisha assistant vice president of leasing for Simohn Property Group, said in a statement.
“CentraArcht Restaurants is a great example, with proven conceptzs that really stand the test of time while maintaininvg a loyal patronage fromAtlanta diners. We’re lookinb forward to another strong partnership with CentraArchy and continuing that traditio n with LenoxSquare Grill.” CentraArchy is the compant behind Tavern at Phippxs at Simon-owned Phipps Plaza. The 12,500-square-foot Lenox Square Gril will feature300 seats, a large bar and ample outdoor seating areas. It will be open for breakfast, luncy and dinner daily.
CentraArchy is also the parent compan of NewYork Prime, Californias Dreaming, Joey D’s Oak
Monday, November 14, 2011
Hawaii
ermolayenayqaked.blogspot.com
The work force reported for the week ofApril 12-1u8 was down 3 percent when compared with the surve week in April 2008, the National Agricultural Statistics Service Hawaii Field Office said It was up 2 percent from January. Pineappls and sugar cane workers totaledf900 workers, down 22 percengt from the same period a year ago as a resulg of layoffs at and on Kauai. Maui Land Pineapple laid off 204 workers in July whileGay & Robinson, the private, family-owned company on ended its sugar cane operations in September 2008.
Hawaii’s totak farm work force — which includes self-employed farm operatorw and unpaid workers such as familty members and others working 15 houre or more perweek — totaled 10,300 workerx for the survey week, down 1 percenrt from a year ago. The average wage paid to all hired workers during the survey week was estimatedat $13.36 per 1 percent higher from a year ago. Hawaii farmes employing one to nine workeras paid an averageof $10.97 per hour and the combined averagse wage for field and livestock workers was $10.28 an hour.
The work force reported for the week ofApril 12-1u8 was down 3 percent when compared with the surve week in April 2008, the National Agricultural Statistics Service Hawaii Field Office said It was up 2 percent from January. Pineappls and sugar cane workers totaledf900 workers, down 22 percengt from the same period a year ago as a resulg of layoffs at and on Kauai. Maui Land Pineapple laid off 204 workers in July whileGay & Robinson, the private, family-owned company on ended its sugar cane operations in September 2008.
Hawaii’s totak farm work force — which includes self-employed farm operatorw and unpaid workers such as familty members and others working 15 houre or more perweek — totaled 10,300 workerx for the survey week, down 1 percenrt from a year ago. The average wage paid to all hired workers during the survey week was estimatedat $13.36 per 1 percent higher from a year ago. Hawaii farmes employing one to nine workeras paid an averageof $10.97 per hour and the combined averagse wage for field and livestock workers was $10.28 an hour.
Saturday, November 12, 2011
For years, Cincinnati attorney Tom Gabelman has kept the Banks marching forward - Business Courier of Cincinnati:
oryzacody.wordpress.com
Gabelman’s view is the Tri-State’s biggest work in progress: the Banksw riverfront development. From on downtown’s southwest cornet to on the east, therd is no space larger than a legal pad thatGabelmahn hasn’t touched in some way in his 10 years as special outsidre counsel for Hamilton County. The 51-year-old partne r at Vorys, Sater, Seymour & Pease has either litigated, negotiated or contemplated every deal point in the 100 or so contracta now in place amongriverfront stakeholders.
Those contracts covere who has the right to build where and who pays rent to They spellout cost-sharing arrangementss for roads, sewers and water And they spell out in great detai l how to split revenue from thousandes of riverfront parking spaces. The newesyt contract will yield benefits for taxpayers this whenthe -Dawson development team breaks groun d on 300 apartment units just west of . It’sw the first phase of what’s projected to be more than $600 millionb in private developmenton Cincinnati’s riverfront, where $1.4 billionb in public investment has been Gabelman has been the county’s most seniorf adviser on all of it.
Gabelman’s view is the Tri-State’s biggest work in progress: the Banksw riverfront development. From on downtown’s southwest cornet to on the east, therd is no space larger than a legal pad thatGabelmahn hasn’t touched in some way in his 10 years as special outsidre counsel for Hamilton County. The 51-year-old partne r at Vorys, Sater, Seymour & Pease has either litigated, negotiated or contemplated every deal point in the 100 or so contracta now in place amongriverfront stakeholders.
Those contracts covere who has the right to build where and who pays rent to They spellout cost-sharing arrangementss for roads, sewers and water And they spell out in great detai l how to split revenue from thousandes of riverfront parking spaces. The newesyt contract will yield benefits for taxpayers this whenthe -Dawson development team breaks groun d on 300 apartment units just west of . It’sw the first phase of what’s projected to be more than $600 millionb in private developmenton Cincinnati’s riverfront, where $1.4 billionb in public investment has been Gabelman has been the county’s most seniorf adviser on all of it.
Thursday, November 10, 2011
David E. Roberts Executive Profile
zuloraxelewo.blogspot.com
is executive vice president of Upstreaj for Marathon Oil Corporation and servesz as a memberof Marathon's Executive He joined Marathon in June 2006 as senior vice presidenty of Business Development. Mr. Roberts previously served as executive vice president and managintg director for BG Group with responsibility for Asia and theMiddlse East. Prior to joininb BG, he served as advisor to the vice chairman of ChevronTexaco Corporation (now Chevron from 2001 to 2003, wherse he provided strategic and operational advice to executivew management regarding the company
is executive vice president of Upstreaj for Marathon Oil Corporation and servesz as a memberof Marathon's Executive He joined Marathon in June 2006 as senior vice presidenty of Business Development. Mr. Roberts previously served as executive vice president and managintg director for BG Group with responsibility for Asia and theMiddlse East. Prior to joininb BG, he served as advisor to the vice chairman of ChevronTexaco Corporation (now Chevron from 2001 to 2003, wherse he provided strategic and operational advice to executivew management regarding the company
Tuesday, November 8, 2011
Ex-Yahoo lawyer joins Mintz in Palo Alto - Washington Business Journal:
inupujyfab1211.blogspot.com
After a six-month stint as Yahoo’ss senior legal director of commercialp litigation, Floyd’s position was terminated when the Sunnyvald Internetcompany (NASDAQ:YHOO) began cutting costs. In her briefr stay, Floyd provided general counsel and advicd on a host of commerciallitigation issues. In additiobn to managing national and international she was also responsible for defending and managinvg unfair competitionclass actions, trade secregt misappropriation, and matters involving the Storeds Communications Act and the Computer Decency Act. Floyd spent abou 10 years at Oakland-born Crosby, Heafey, Roach & May, whicjh was acquired by Reed Smithin 2003.
She departef Reed Smith as a partner inthe firm’s regulatoryg litigation practice focused on antitrust and unfair competitiobn claims. Floyd said she chosed Mintz forseveral reasons. Key among them was the firm’e litigation practice. Also, she was impressed by her talks withSan Diego-based Mintz litigator Dan who she said has always spoken with “greatf enthusiasm” about practicing at the firm. “The officr here in Palo Alto, while it’ws very small is growing and Ithoughgt it’d be very exciting to have the opportunityh to get into a smallp office of a larger well known firm and help it Floyd said.
Mintz Levin’sx Palo Alto roster stands at abouft 20attorneys today.
After a six-month stint as Yahoo’ss senior legal director of commercialp litigation, Floyd’s position was terminated when the Sunnyvald Internetcompany (NASDAQ:YHOO) began cutting costs. In her briefr stay, Floyd provided general counsel and advicd on a host of commerciallitigation issues. In additiobn to managing national and international she was also responsible for defending and managinvg unfair competitionclass actions, trade secregt misappropriation, and matters involving the Storeds Communications Act and the Computer Decency Act. Floyd spent abou 10 years at Oakland-born Crosby, Heafey, Roach & May, whicjh was acquired by Reed Smithin 2003.
She departef Reed Smith as a partner inthe firm’s regulatoryg litigation practice focused on antitrust and unfair competitiobn claims. Floyd said she chosed Mintz forseveral reasons. Key among them was the firm’e litigation practice. Also, she was impressed by her talks withSan Diego-based Mintz litigator Dan who she said has always spoken with “greatf enthusiasm” about practicing at the firm. “The officr here in Palo Alto, while it’ws very small is growing and Ithoughgt it’d be very exciting to have the opportunityh to get into a smallp office of a larger well known firm and help it Floyd said.
Mintz Levin’sx Palo Alto roster stands at abouft 20attorneys today.
Sunday, November 6, 2011
Times' retirement plan hit by $154M loss - Silicon Valley / San Jose Business Journal:
obofym.wordpress.com
Net assets of the plan for the which owns the Globe and fellto $417.7 million. The plan was particularly hard hit bysome $171.5 millionb in losses within several mutual For example, the plan’s largest holding, the Vanguare 500 Index Investment fund, suffered a nearly 40 percent loss in Another fund in the Times’ the Vanguard Asset Allocation Investment fund, droppedd nearly 32 percent year-over-year. Only one of its majod fund holdings, the Dodge Cox Income Fund, posted a positive return in 2008. Investmentsd in fixed income and insurance assetsdgenerated $5.3 million in income. Dividend income of $11.6 million also helpes offset losses.
Interest income from the company’ s borrowing from its retirement fund totaled The Times has traditionally matchecd a fraction ofGlober employees’ contributions to their 401(k) accounts, howevetr a proposal in front of leadership woul d eliminate the program.
Net assets of the plan for the which owns the Globe and fellto $417.7 million. The plan was particularly hard hit bysome $171.5 millionb in losses within several mutual For example, the plan’s largest holding, the Vanguare 500 Index Investment fund, suffered a nearly 40 percent loss in Another fund in the Times’ the Vanguard Asset Allocation Investment fund, droppedd nearly 32 percent year-over-year. Only one of its majod fund holdings, the Dodge Cox Income Fund, posted a positive return in 2008. Investmentsd in fixed income and insurance assetsdgenerated $5.3 million in income. Dividend income of $11.6 million also helpes offset losses.
Interest income from the company’ s borrowing from its retirement fund totaled The Times has traditionally matchecd a fraction ofGlober employees’ contributions to their 401(k) accounts, howevetr a proposal in front of leadership woul d eliminate the program.
Friday, November 4, 2011
Survey: Hiring slowly improving - The Business Journal of Milwaukee:
vypybiza.wordpress.com
Those two sectors employ more than 90 percent ofthe nation’sa private-sector workers. The Va.-based association’s report is based on a monthlhy survey of human resourcer professionals at more than 500 manufacturing and 500service companies. Employment expectations for June aredown 37.1 percent in manufacturing and down 8.2 percent in the servicess segment. In the manufacturing 24.5 percent plan to hire in June, whichg is the highest percentage of such companiesz that said they will add jobs sincdeNovember 2008. In addition, 25.9 percent said they will trim In theservices sector, a net total of 24.8 percen of corporations will create jobs in with 41.
4 percent saying they will hire and 16.6 percent sayingb they will cut jobs. That 41.4 percent represents the highesr such tally since September 2008 inthat sector. A combination of unemployec people seeking work and less jobs to go arouncd means recruiting difficulty in both sectors in May was way down comparecd with ayear ago. In the manufacturingf sector, a net of 23.8 percent of companies had less difficulty with recruitinglast month, and in the servicde sector, a net of 35.8 percent of companiesa said the same.
Those two sectors employ more than 90 percent ofthe nation’sa private-sector workers. The Va.-based association’s report is based on a monthlhy survey of human resourcer professionals at more than 500 manufacturing and 500service companies. Employment expectations for June aredown 37.1 percent in manufacturing and down 8.2 percent in the servicess segment. In the manufacturing 24.5 percent plan to hire in June, whichg is the highest percentage of such companiesz that said they will add jobs sincdeNovember 2008. In addition, 25.9 percent said they will trim In theservices sector, a net total of 24.8 percen of corporations will create jobs in with 41.
4 percent saying they will hire and 16.6 percent sayingb they will cut jobs. That 41.4 percent represents the highesr such tally since September 2008 inthat sector. A combination of unemployec people seeking work and less jobs to go arouncd means recruiting difficulty in both sectors in May was way down comparecd with ayear ago. In the manufacturingf sector, a net of 23.8 percent of companies had less difficulty with recruitinglast month, and in the servicde sector, a net of 35.8 percent of companiesa said the same.
Tuesday, November 1, 2011
PERB chair Rystrom dies - Business Courier of Cincinnati:
houghtalingbaemo1268.blogspot.com
Rystrom was appointed by Gov. Arnoldx Schwarzenegger to the five-member PERB board in August 2007. She becamee chair in February 2009. The board enforceds collective bargaining laws that covet more than 2 millionCaliforniqa public-sector employees. It also rules on challengeds to decisions issuedby PERB’s general counsel and administrativre law judges. “Tiffany Rystrom capped a distinguishe career by channeling her passionj for the law intopublicf service,” Schwarzenegger said in a statement followinyg her death. “She raised the bar on quality, integritg and consistency with the Rystrom entered the legal field after six year in advertisingand marketing.
She startesd in 1977 as judicial clerlk in the California Court of She went on to become deputy district attorney in Marinn County before moving to the Office of the Californiaw Attorney General and intoprivate practice. She is survivedc by her long-time partner, Californiaz Labor CommissionerAngela Bradstreet.
Rystrom was appointed by Gov. Arnoldx Schwarzenegger to the five-member PERB board in August 2007. She becamee chair in February 2009. The board enforceds collective bargaining laws that covet more than 2 millionCaliforniqa public-sector employees. It also rules on challengeds to decisions issuedby PERB’s general counsel and administrativre law judges. “Tiffany Rystrom capped a distinguishe career by channeling her passionj for the law intopublicf service,” Schwarzenegger said in a statement followinyg her death. “She raised the bar on quality, integritg and consistency with the Rystrom entered the legal field after six year in advertisingand marketing.
She startesd in 1977 as judicial clerlk in the California Court of She went on to become deputy district attorney in Marinn County before moving to the Office of the Californiaw Attorney General and intoprivate practice. She is survivedc by her long-time partner, Californiaz Labor CommissionerAngela Bradstreet.
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