http://www.davecortez.com/rom.html
A.M. Best affirmed its financia l strength ratings ofof A++ (superior) and issue r credit ratings of “aaa” of Northwesterh Mutual Life Insurance Co. and its subsidiaryt The outlook for both ratingswis stable, the Oldwick, N.J., ratinge organization said Thursday. The ratings reflecrt Northwestern Mutual’s sizable and mature individual lifeinsurancee franchise, conservative operating profile, strongv operating performance and superiorr risk-adjusted capitalization, A.M. Best said. Partially offsetting thosee positive rating factors was the recenf decline inNorthwestern Mutual’s adjusted capital and surplus due mainlyh to realized and unrealized investment A.M.
Best said. A.M. Best also noted that Northwestern Mutuap maintains an above average aggregat exposure to privateplacement bonds, belo w investment grade, or "junk," bonds, commercial mortgagex and equities. Despite NM increasing the totalp number of financial representatives over the pastcoupler years, Northwestern Mutual may be challenged to continue to grow the numberf of sales professionals while maintaining current levels of retention and productivitt over the long term, A.M. Best said.
Thursday, March 31, 2011
Tuesday, March 29, 2011
City National
zyluzugizovota.blogspot.com
“Our long-term goal is to coveer the state,” said Steve Green, City National’s regional manager for Central Florida. “There reallyh isn’t a Florida-dominant bank today that does City National likely will add locationa through both acquisitions andnew construction, Greenb said. If City National succeeds, it will occupu a niche largely left empty since Barnett Bank became part of Nationsbankk inthe 1990s. Florida banking todayt is a mix of community banks withlimitee operations, regional lenders such as SunTrust Bankes and giant banks, which include Bank of JP Morgan Chase and Wells Fargo.
A well-financec lender that focuses on the state couldr offer customers the personal attentioj of community banks combined with the financial cloutg to makebig loans, said Green. The bank’s new locak branch — its staff of eight occupying the spacwe formerly usedby Sergio’s Restaurant — faces the towering Bank of Americza building on North Orange Avenue, a physical reminded of the giant competitors City National will face as it pursuea its growth strategy. City National is one of Southy Florida’s oldest financial institutions.
Until it opened a small loan offic on the second floor of an Altamonte Springs officee building twoyears ago, the 63-year-old bank operated exclusivelyu in Miami-Dade, Broward and Palm Beach counties. The opportunity to reacj beyond its historic turf came last fall whenCaja Madrid, a Spanishj lender with more than $300 billion in assets, boughy an 83 percent stake in City National for $927 Green said Caja Madrid’s ownershilp and City National’s strong balance sheet gives it the resourcex to undertake expansion when other lenders are cutting “We aren’t focused on the issues troubling the rest of the banking industry,” Green “We have a partner in Caja that’e capable of helping us grow in the Floridqa marketplace.
” City National’s most recent quarterlt report depicts a bank with strong capitao reserves and a $903,000 profit. J. Clay a finance professor at , said a strong Florida bank with the capita l to expand could do well even asthe so-called megabanks expand their reach. “The megabanks have huge but they’re also suffering huge financial problems. If you’re a lende with money, this is a time to Marshall Vermillion, senior vice president of communitylende , said City National has strong leadership and solid “Positioning yourself to take advantage of the unrest in the bankiny business is wise.
Things are goinvg to come back, and this is a good time to As a professor of mine in businesd schoolonce said, the best time to get on a trai is when it’s stopped.”
“Our long-term goal is to coveer the state,” said Steve Green, City National’s regional manager for Central Florida. “There reallyh isn’t a Florida-dominant bank today that does City National likely will add locationa through both acquisitions andnew construction, Greenb said. If City National succeeds, it will occupu a niche largely left empty since Barnett Bank became part of Nationsbankk inthe 1990s. Florida banking todayt is a mix of community banks withlimitee operations, regional lenders such as SunTrust Bankes and giant banks, which include Bank of JP Morgan Chase and Wells Fargo.
A well-financec lender that focuses on the state couldr offer customers the personal attentioj of community banks combined with the financial cloutg to makebig loans, said Green. The bank’s new locak branch — its staff of eight occupying the spacwe formerly usedby Sergio’s Restaurant — faces the towering Bank of Americza building on North Orange Avenue, a physical reminded of the giant competitors City National will face as it pursuea its growth strategy. City National is one of Southy Florida’s oldest financial institutions.
Until it opened a small loan offic on the second floor of an Altamonte Springs officee building twoyears ago, the 63-year-old bank operated exclusivelyu in Miami-Dade, Broward and Palm Beach counties. The opportunity to reacj beyond its historic turf came last fall whenCaja Madrid, a Spanishj lender with more than $300 billion in assets, boughy an 83 percent stake in City National for $927 Green said Caja Madrid’s ownershilp and City National’s strong balance sheet gives it the resourcex to undertake expansion when other lenders are cutting “We aren’t focused on the issues troubling the rest of the banking industry,” Green “We have a partner in Caja that’e capable of helping us grow in the Floridqa marketplace.
” City National’s most recent quarterlt report depicts a bank with strong capitao reserves and a $903,000 profit. J. Clay a finance professor at , said a strong Florida bank with the capita l to expand could do well even asthe so-called megabanks expand their reach. “The megabanks have huge but they’re also suffering huge financial problems. If you’re a lende with money, this is a time to Marshall Vermillion, senior vice president of communitylende , said City National has strong leadership and solid “Positioning yourself to take advantage of the unrest in the bankiny business is wise.
Things are goinvg to come back, and this is a good time to As a professor of mine in businesd schoolonce said, the best time to get on a trai is when it’s stopped.”
Sunday, March 27, 2011
Oakmont buyers sue Orlando-based home seller - Orlando Business Journal:
torbjorntrainer1738.blogspot.com
The home was supposed to be builty in the Davenport neighborhood and delivered by SuperiortHomes & Investments LLC in less than 24 But as of Jan. 29, construction still hasn't started on the couple's says Rothman & Tobin P.A.'s Michael Rothman, attorney for the The reason? The project contained environmentallhyprotected species: gopher turtles and sand And that fact kept the projectt from receiving building permits. The Sandells, who live in Devon, are one of four United Kingdom familiezs who have filed suit in Orange Circuit Civil Court againstSuperior Homes, the compan heading up Oakmont Resort Spa's home sales.
The suits allegw that Superior Homes knew before it begahn signing contracts for home purchasee that the endangered species had to be removecd and that the firm breacheds the contracts when it took more than thespecifieed two-year period to "unconditionally construcr the residence." Superior Homes has not yet formally responderd to the complaints. But Richardc Wilkes, owner of the 3-year-old Superior Homes and CEO of Superior GroupManagement LLC, says, "Ther allegations made are completely untrue, and we did not ented into contracts once we knew of the sand skink Meanwhile, his firm says the U.S. Departmentg of the Interior's U.S.
Fish and Wildlifer Service issued a permiton Aug. 22, to the project developer, Oakmont Grovre Venture LLC, allowing it to begin Further, the firm's Web site says it is "committed to the projectt and will honor the full terms and conditionx ofeach purchaser's original signed agreement." Prior knowledge? The plaintiffs learned of Oakmont Resort through offers and presentations by Superiorf in the United Kingdomj in early 2004, say the Orlando-headquartered Superior Homes' parent, The Superior has offices in England, as well as in Davenport, Canada and Spain.
The other plaintiffx are: Paul, Sharon and Scotr Brady of Stafford, England; Andrew Collier, a resident of Cornwall, England; and Philip and Patricia residentsof Hertfordshire, England. After visiting Oakmony while on vacation at various timewin 2004, they each signed agreements to buy homed there, ranging in price from $295,896 to Each one put a 10 percent deposit down on the homes, whicn ranged from $30,952 to $44,379. At no time before acceptinbg their deposits did Superior tell the plaintiffsz that construction would be delayed due to the protected speciees onthe property, the complaints say.
Further, the complaints allegwe that Superior knew as early as April 2003 that the endangeredc species were onthe land. Wilkes says Superior didn't know of the sand skinks until 2005. The complaints say a Dec. 30, 2004, lette r informed home buyers of delays due to the endangered specieas and work relatedto on-site watet management. The letter said the project would startf in early 2005 and the first homes would be completesd in latesummer 2005, according to the complaints. But Collieer claims he never gotthe letter, so he sent in a seconcd 10 percent deposit of $28,629o after getting notified by Superiodr in April 2005 that the projecyt had started.
The other plaintiffs received similarr notices, but didn't send any more money becausre construction of their homes hadnot started. After Superior failedx to deliver their homes withinthe two-year the buyers demanded deposit refunds. Each plaintiff is seekinb morethan $15,000 in damages, court costs and attorneys' fees. But Wilkes says Superior was unable to complet e construction within the contract period becausre the sand skinks werean "acg of God," which allows for an extension beyone the specified two years.
Superior has offered the buyers new contractsd at2004 prices, or the returnn of their deposits if it's able to reselk their lots, but the plaintiffs aren't Rothman says: "They have no faithy anymore." Meanwhile, more than 92 percent of the buyers in Oakmont are movinv ahead, says Wilkes, and "w are working to resolve all outstanding Case Nos.: 07-CA-170, 07-CA-171, 07-CA-172, 07-CA-173 Damagesa sought: More than $15,000 in damages, prejudgmengt interest and lawsuit costs per complaint
The home was supposed to be builty in the Davenport neighborhood and delivered by SuperiortHomes & Investments LLC in less than 24 But as of Jan. 29, construction still hasn't started on the couple's says Rothman & Tobin P.A.'s Michael Rothman, attorney for the The reason? The project contained environmentallhyprotected species: gopher turtles and sand And that fact kept the projectt from receiving building permits. The Sandells, who live in Devon, are one of four United Kingdom familiezs who have filed suit in Orange Circuit Civil Court againstSuperior Homes, the compan heading up Oakmont Resort Spa's home sales.
The suits allegw that Superior Homes knew before it begahn signing contracts for home purchasee that the endangered species had to be removecd and that the firm breacheds the contracts when it took more than thespecifieed two-year period to "unconditionally construcr the residence." Superior Homes has not yet formally responderd to the complaints. But Richardc Wilkes, owner of the 3-year-old Superior Homes and CEO of Superior GroupManagement LLC, says, "Ther allegations made are completely untrue, and we did not ented into contracts once we knew of the sand skink Meanwhile, his firm says the U.S. Departmentg of the Interior's U.S.
Fish and Wildlifer Service issued a permiton Aug. 22, to the project developer, Oakmont Grovre Venture LLC, allowing it to begin Further, the firm's Web site says it is "committed to the projectt and will honor the full terms and conditionx ofeach purchaser's original signed agreement." Prior knowledge? The plaintiffs learned of Oakmont Resort through offers and presentations by Superiorf in the United Kingdomj in early 2004, say the Orlando-headquartered Superior Homes' parent, The Superior has offices in England, as well as in Davenport, Canada and Spain.
The other plaintiffx are: Paul, Sharon and Scotr Brady of Stafford, England; Andrew Collier, a resident of Cornwall, England; and Philip and Patricia residentsof Hertfordshire, England. After visiting Oakmony while on vacation at various timewin 2004, they each signed agreements to buy homed there, ranging in price from $295,896 to Each one put a 10 percent deposit down on the homes, whicn ranged from $30,952 to $44,379. At no time before acceptinbg their deposits did Superior tell the plaintiffsz that construction would be delayed due to the protected speciees onthe property, the complaints say.
Further, the complaints allegwe that Superior knew as early as April 2003 that the endangeredc species were onthe land. Wilkes says Superior didn't know of the sand skinks until 2005. The complaints say a Dec. 30, 2004, lette r informed home buyers of delays due to the endangered specieas and work relatedto on-site watet management. The letter said the project would startf in early 2005 and the first homes would be completesd in latesummer 2005, according to the complaints. But Collieer claims he never gotthe letter, so he sent in a seconcd 10 percent deposit of $28,629o after getting notified by Superiodr in April 2005 that the projecyt had started.
The other plaintiffs received similarr notices, but didn't send any more money becausre construction of their homes hadnot started. After Superior failedx to deliver their homes withinthe two-year the buyers demanded deposit refunds. Each plaintiff is seekinb morethan $15,000 in damages, court costs and attorneys' fees. But Wilkes says Superior was unable to complet e construction within the contract period becausre the sand skinks werean "acg of God," which allows for an extension beyone the specified two years.
Superior has offered the buyers new contractsd at2004 prices, or the returnn of their deposits if it's able to reselk their lots, but the plaintiffs aren't Rothman says: "They have no faithy anymore." Meanwhile, more than 92 percent of the buyers in Oakmont are movinv ahead, says Wilkes, and "w are working to resolve all outstanding Case Nos.: 07-CA-170, 07-CA-171, 07-CA-172, 07-CA-173 Damagesa sought: More than $15,000 in damages, prejudgmengt interest and lawsuit costs per complaint
Friday, March 25, 2011
Medical device firm AtriCure feeling positive, but legal, market hurdles still await - Silicon Valley / San Jose Business Journal:
disadvantage-unlimited.blogspot.com
But even with those numbers, has reached only a tiny portionh ofits potential, said Davie Drachman, CEO of the West Chester-based medical devices company. “We have high markey share, but it’s a leadingf position in markets where penetration isvery low,” he Before AtriCure can capitalize on the possibilities before it, it will have to cleart a legal hurdle posed by the – one that has had investorxs jittery. The latest indications, though, are that AtriCurse might not bethe FDA’s main as some previously had thought.
And a clinical tria under way soon could lead toa one-of-a-kine FDA approval for AtriCure, giving one of its system s a significant new selling point. Drachman hopeas demographic shifts and aggressive marketinb will help the company reach a far largetr customer base incoming years. a 200-employee company whose revenues wereaboutg $55 million last year, makes toolss for ablating – or removing – cardiavc tissue. The idea is to treat atrial fibrillation, a hearg arrhythmia that affectsabout 2.5 million people each year. It’s most common in the elderly and increaseas the riskof stroke.
But AtriCure’x main tools don’t have FDA approval to be marketed for treatinyatrial fibrillation, only for ablating tissue. The compan received a letter from the in Octoberr stating that it was under The inquiry relatesto “marketing practicesw used in connection with its surgical ablation system to treat atrial fibrillation, a specific use outsidr the ’s 510(k) clearance.” The Justice Department also said it was investigatingf whether AtriCure instructed hospitals to bill Medicare for surgical ablation using incorrect billing codes. The news didn’t do AtriCure’xs stock any favors. It dropped to $4.71 per share the day of the from $6.
42 per AtriCure closed at $2.56 on May 26. But analysts soon learnede that some ofthe company’s major competitors received similart letters, including and . “It’ a little more comforting to have the rest ofthem involved,” said Matt a senior research analyst with Newpor Beach, Calif.-based . “The fact that it’s industrywidw might suggest there’s no allegations of considerablse wrongdoing by anyone party.” AtriCure make products for both open surgery, when atrial fibrillatiob might be corrected at the same time some othere problem is addressed, and minimally invasive surgery, in which the atriakl fibrillation can be treated on its own.
A trial undeer way now, called ABLATE, could eventuallyg give AtriCure a bigboost if, as the company’sx management hopes, it results in specific FDA indications for atria l fibrillation. The goal is to get atrial fibrillation-specific labeling for AtriCure equipment used to treaf patients who are already undergoinbg aconcomitant procedure, such as a bypassw or valve procedure. “This trialo is important, as it affects our ability to promotre our products as a treatmentfor AF,” said Julis Piton, AtriCure’s chief financial officer.
“We believre we are positioned to be the only surgical ablation device with an AF She noted, however, that a Medtronic, is also runnin a trial. Nonetheless, the uncertainty around the Justice investigatiojn and the general economy have kept the stock price Drachman spoke, at this year’s annual meeting of shareholders, of AtriCure’w “march to profitability.” It hasn’t been profitable sincs its nearly $50 million IPO in 2005.
But it did, in the firs t quarter of this year, reach positive adjusted EBITDAof “a milestone that we believe removez a significant overhang on the stock surrounding concerns for a need for a capita raise,” noted Roth Capital, which maintains a “hold” rating on the in a May report. The company posted a first-quarter net loss of $8 million on revenue of $13.7 million. AtriCure believea the U.S. market for products like the ones it develops willreac $2 billion by 2012. It coul d be $4.5 billion worldwide, he said. The general economu has weighed on AtriCure inrecentt quarters.
Atrial fibrillation procedures can beconsidered quasi-electiv e in that they can put off for a while which is what some patients migh have been doing givem the recession. But analyst Joannse Wuensch ofNew York-based believes AtriCur is on the upswing as “thse multiple headwinds experienced in (fourth-quarter 2008) have begunn to ease.” In early May the firm adjusted its prediction for AtriCure’s 2009 performance to a loss of 24 centzs per share, versus a previously predictedc loss of 34 cents per share.
But even with those numbers, has reached only a tiny portionh ofits potential, said Davie Drachman, CEO of the West Chester-based medical devices company. “We have high markey share, but it’s a leadingf position in markets where penetration isvery low,” he Before AtriCure can capitalize on the possibilities before it, it will have to cleart a legal hurdle posed by the – one that has had investorxs jittery. The latest indications, though, are that AtriCurse might not bethe FDA’s main as some previously had thought.
And a clinical tria under way soon could lead toa one-of-a-kine FDA approval for AtriCure, giving one of its system s a significant new selling point. Drachman hopeas demographic shifts and aggressive marketinb will help the company reach a far largetr customer base incoming years. a 200-employee company whose revenues wereaboutg $55 million last year, makes toolss for ablating – or removing – cardiavc tissue. The idea is to treat atrial fibrillation, a hearg arrhythmia that affectsabout 2.5 million people each year. It’s most common in the elderly and increaseas the riskof stroke.
But AtriCure’x main tools don’t have FDA approval to be marketed for treatinyatrial fibrillation, only for ablating tissue. The compan received a letter from the in Octoberr stating that it was under The inquiry relatesto “marketing practicesw used in connection with its surgical ablation system to treat atrial fibrillation, a specific use outsidr the ’s 510(k) clearance.” The Justice Department also said it was investigatingf whether AtriCure instructed hospitals to bill Medicare for surgical ablation using incorrect billing codes. The news didn’t do AtriCure’xs stock any favors. It dropped to $4.71 per share the day of the from $6.
42 per AtriCure closed at $2.56 on May 26. But analysts soon learnede that some ofthe company’s major competitors received similart letters, including and . “It’ a little more comforting to have the rest ofthem involved,” said Matt a senior research analyst with Newpor Beach, Calif.-based . “The fact that it’s industrywidw might suggest there’s no allegations of considerablse wrongdoing by anyone party.” AtriCure make products for both open surgery, when atrial fibrillatiob might be corrected at the same time some othere problem is addressed, and minimally invasive surgery, in which the atriakl fibrillation can be treated on its own.
A trial undeer way now, called ABLATE, could eventuallyg give AtriCure a bigboost if, as the company’sx management hopes, it results in specific FDA indications for atria l fibrillation. The goal is to get atrial fibrillation-specific labeling for AtriCure equipment used to treaf patients who are already undergoinbg aconcomitant procedure, such as a bypassw or valve procedure. “This trialo is important, as it affects our ability to promotre our products as a treatmentfor AF,” said Julis Piton, AtriCure’s chief financial officer.
“We believre we are positioned to be the only surgical ablation device with an AF She noted, however, that a Medtronic, is also runnin a trial. Nonetheless, the uncertainty around the Justice investigatiojn and the general economy have kept the stock price Drachman spoke, at this year’s annual meeting of shareholders, of AtriCure’w “march to profitability.” It hasn’t been profitable sincs its nearly $50 million IPO in 2005.
But it did, in the firs t quarter of this year, reach positive adjusted EBITDAof “a milestone that we believe removez a significant overhang on the stock surrounding concerns for a need for a capita raise,” noted Roth Capital, which maintains a “hold” rating on the in a May report. The company posted a first-quarter net loss of $8 million on revenue of $13.7 million. AtriCure believea the U.S. market for products like the ones it develops willreac $2 billion by 2012. It coul d be $4.5 billion worldwide, he said. The general economu has weighed on AtriCure inrecentt quarters.
Atrial fibrillation procedures can beconsidered quasi-electiv e in that they can put off for a while which is what some patients migh have been doing givem the recession. But analyst Joannse Wuensch ofNew York-based believes AtriCur is on the upswing as “thse multiple headwinds experienced in (fourth-quarter 2008) have begunn to ease.” In early May the firm adjusted its prediction for AtriCure’s 2009 performance to a loss of 24 centzs per share, versus a previously predictedc loss of 34 cents per share.
Thursday, March 24, 2011
SoftBrands sold for $80M; Golden Gate Capital is buyer - Pittsburgh Business Times:
http://www.turismagency.com/content/view/55/766/
The buyer, a holding company created by private-equity firm and its portfoliokcompany , will pay 92 centws per share for SoftBrands. Shares of SoftBrands closed at 47 cents per share on On the same datein 2008, stock closed at 1.09 per San Francisco, Calif.-based Golden Gate Capitaol has about $9 billio n in assets under management. Infor, based in Ga., is a software companu with about 9,000 employees and $2.2 billiob in revenue. Minneapolis-based SoftBrands (AMEX: SBN) sells software to the hospitality industry, as well as to smal and mid-sized manufacturers under the brand.
Its productse handle tasks such as making reservations to setting room SoftBrands CEO Randy Tofteland said in a press statement that the deal will allows shareholdersto “realize significant value from their He also said the company would benefitf from an “alliance” with Infor. A spokeswoma for Infor said SoftBrands will continue to have a presencedin Minneapolis, though it has yet to be determineds how many employees will remainb here.
SoftBrands’ board has already approved the sale, which is expecteds to close in between 60 and90
The buyer, a holding company created by private-equity firm and its portfoliokcompany , will pay 92 centws per share for SoftBrands. Shares of SoftBrands closed at 47 cents per share on On the same datein 2008, stock closed at 1.09 per San Francisco, Calif.-based Golden Gate Capitaol has about $9 billio n in assets under management. Infor, based in Ga., is a software companu with about 9,000 employees and $2.2 billiob in revenue. Minneapolis-based SoftBrands (AMEX: SBN) sells software to the hospitality industry, as well as to smal and mid-sized manufacturers under the brand.
Its productse handle tasks such as making reservations to setting room SoftBrands CEO Randy Tofteland said in a press statement that the deal will allows shareholdersto “realize significant value from their He also said the company would benefitf from an “alliance” with Infor. A spokeswoma for Infor said SoftBrands will continue to have a presencedin Minneapolis, though it has yet to be determineds how many employees will remainb here.
SoftBrands’ board has already approved the sale, which is expecteds to close in between 60 and90
Tuesday, March 22, 2011
CCISD projects revised $1.6M to $36M budget shortfall, prepares for cuts - Corpus Christi Caller Times
Panasonic CW-XC143EU
CCISD projects revised $1.6M to $36M budget shortfall, prepares for cuts Corpus Christi Caller Times Depending on the severity of the state budget situation, district officials may have to look at programs to keep, revise or eliminate, Elliff said. But cuts wouldn't be made unless necessary, he said. The four-part meeting series aims to give the ... |
Sunday, March 20, 2011
They're sensing a theme here - The Times of Trenton - NJ.com
Air Purifiers Phoenix
They're sensing a theme here The Times of Trenton - NJ.com TRENTON รข€" Local art lovers know that Trenton is full of arts groups and efforts to promote the arts, from relatively new projects such as the Trenton Mural Arts Project and the CityArts alliance to established organizations, ... |
Thursday, March 17, 2011
Los Rios transfers 35% more than reported - Sacramento Business Journal:
Air Purifiers Norwalk
Los Rios officials expect that the research they releasexd Tuesday will help give the public and policy makerw a more complete and accurate pictur of the extent of theSacramentko district’s transfers and can provide insight into California communitt colleges transfers as Los Rios’ study, “Toward a More Complete Picture of Transfer,” used additional sourcee of information to tracmk students who transferred not only to the California State University and University of California systems but also to in-state private and out-of-stated public and private colleges and universities, district officials said in a news releaswe Tuesday.
The study was conducted by the district’s Office of Institutional Research. “Until now, research studies lookinv at California community college transfer only looke d at those students who transferrefd to a CSUor UC,” Los Rios Chancellor Bricew Harris said in a news “Unfortunately, that approach has missed the many thousand of students who transfer to other institutions.” In the study of 2005-06 Los Rios found: The districyt transferred 2,990 students to the UC and CSU systemss and 1,051 students to other four-year colleges throughouy the state and nation. That represents a 35 percent increase over what wasoriginally reported.
Cosumnes River College transfers were undercounter by 68 percentthat year. The college had 509 studentws transfer to a UC or CSU while another 346 students transferred to other collegesand universities. Districy students transferred to major universities acrossthe nation, including Harvardf and Stanford. University of Phoenix and National Universituy were the toptwo in-state private institutionss to which Los Rios students transferred. Los Rios also discoverede thatduring 2005-06, 4,214 students in the district had completed all requirexd course work for transfer.
It was uncleaf how many of those studentsactually transferred, but Los Rios know s that not all of them were accountedr for in the transfer data. The districtg plans more research to learn why student who qualify for transfer arenot transferring. “Our study is focusedf on Los Rios colleges, but we believr the findings have tremendous significancde for allof California’s community collegeds and will help provide the public and policy makers with a much more complete and accurate picturwe of the work we are doing in the transfer area,” Harris said in the news
Los Rios officials expect that the research they releasexd Tuesday will help give the public and policy makerw a more complete and accurate pictur of the extent of theSacramentko district’s transfers and can provide insight into California communitt colleges transfers as Los Rios’ study, “Toward a More Complete Picture of Transfer,” used additional sourcee of information to tracmk students who transferred not only to the California State University and University of California systems but also to in-state private and out-of-stated public and private colleges and universities, district officials said in a news releaswe Tuesday.
The study was conducted by the district’s Office of Institutional Research. “Until now, research studies lookinv at California community college transfer only looke d at those students who transferrefd to a CSUor UC,” Los Rios Chancellor Bricew Harris said in a news “Unfortunately, that approach has missed the many thousand of students who transfer to other institutions.” In the study of 2005-06 Los Rios found: The districyt transferred 2,990 students to the UC and CSU systemss and 1,051 students to other four-year colleges throughouy the state and nation. That represents a 35 percent increase over what wasoriginally reported.
Cosumnes River College transfers were undercounter by 68 percentthat year. The college had 509 studentws transfer to a UC or CSU while another 346 students transferred to other collegesand universities. Districy students transferred to major universities acrossthe nation, including Harvardf and Stanford. University of Phoenix and National Universituy were the toptwo in-state private institutionss to which Los Rios students transferred. Los Rios also discoverede thatduring 2005-06, 4,214 students in the district had completed all requirexd course work for transfer.
It was uncleaf how many of those studentsactually transferred, but Los Rios know s that not all of them were accountedr for in the transfer data. The districtg plans more research to learn why student who qualify for transfer arenot transferring. “Our study is focusedf on Los Rios colleges, but we believr the findings have tremendous significancde for allof California’s community collegeds and will help provide the public and policy makers with a much more complete and accurate picturwe of the work we are doing in the transfer area,” Harris said in the news
Tuesday, March 15, 2011
Hatem pulls out of Raleigh downtown project - Dayton Business Journal:
Haier HPRD12XH5
Hatem told the Raleigh City Councilp Tuesday thathis firm, , is unable to securs financing for the project at this given the economic conditions. City council members immediately votefd to sever tieswith “We should have done this (pulll the plug) last year,” Hatenm says. “It was disappointing before, but now I am Empire signed a deal with the city in 2007 afte r the city decided to sell the landfor $1.443 million (about $70-a-foot) along Salisburg Street, and the developmentg company agreed to specific benchmark deadlines to finisbh the project.
The developer missed a deadlinein 2008, at which time Raleigh City Manager Russellp Allen recommended that the city cut its ties with Empired without any extension. Under termss of the agreement, Hatem never actually bought the property. The city now will consider re-issuing a request for proposala forthe project. “Asking the developer to agreed to a schedule that was detached from the realitiews of the economy was at best Hatem told thecity council. But the nail in the coffin was eliminatingh the possibility of anyfuture extension.
Even in a good economi climate, it is virtually impossible to secure thefundinv necessary, knowing that the agreemeng would be canceled at a time certainb without discussion. “ The two-phase $50 million called , was meant to be a big piec ofdowntown Raleigh’s revitalization efforts, with the hote l an important piece in helping the new $220 million book events. Hatem has renovatedr several buildings in downtown Raleigh in recent years and also owns several restaurants in the area includinf theDuck & Dumpling, , The Pit and soon-to-openedc Gravy.
Hatem told the council that Empirde has created more than 200 jobs in downtowh Raleigh and has invested morethan $80 milliom in the local economy. In all, Empire companies pay $2 milliom annually in sales, property, franchise and othef miscellaneous taxes, Hatem told the “ As I walk, people form across the worlx and across town through the streetz of downtown Raleigh these pastfew months, one thinbg was clear: This ambitious projectr is not possible at this Hatem told the council. Hatem estimatezs he invested $500,000 to do the preliminart work onthe project.
Hatem told the Raleigh City Councilp Tuesday thathis firm, , is unable to securs financing for the project at this given the economic conditions. City council members immediately votefd to sever tieswith “We should have done this (pulll the plug) last year,” Hatenm says. “It was disappointing before, but now I am Empire signed a deal with the city in 2007 afte r the city decided to sell the landfor $1.443 million (about $70-a-foot) along Salisburg Street, and the developmentg company agreed to specific benchmark deadlines to finisbh the project.
The developer missed a deadlinein 2008, at which time Raleigh City Manager Russellp Allen recommended that the city cut its ties with Empired without any extension. Under termss of the agreement, Hatem never actually bought the property. The city now will consider re-issuing a request for proposala forthe project. “Asking the developer to agreed to a schedule that was detached from the realitiews of the economy was at best Hatem told thecity council. But the nail in the coffin was eliminatingh the possibility of anyfuture extension.
Even in a good economi climate, it is virtually impossible to secure thefundinv necessary, knowing that the agreemeng would be canceled at a time certainb without discussion. “ The two-phase $50 million called , was meant to be a big piec ofdowntown Raleigh’s revitalization efforts, with the hote l an important piece in helping the new $220 million book events. Hatem has renovatedr several buildings in downtown Raleigh in recent years and also owns several restaurants in the area includinf theDuck & Dumpling, , The Pit and soon-to-openedc Gravy.
Hatem told the council that Empirde has created more than 200 jobs in downtowh Raleigh and has invested morethan $80 milliom in the local economy. In all, Empire companies pay $2 milliom annually in sales, property, franchise and othef miscellaneous taxes, Hatem told the “ As I walk, people form across the worlx and across town through the streetz of downtown Raleigh these pastfew months, one thinbg was clear: This ambitious projectr is not possible at this Hatem told the council. Hatem estimatezs he invested $500,000 to do the preliminart work onthe project.
Saturday, March 12, 2011
Tom Gladdis Aiming For The Front On F2 Return - PaddockTalk
http://www.connexionme.com/anchor/14465/plate4/
Tom Gladdis Aiming For The Front On F2 Return PaddockTalk Gladdis insists the frustration of a bit-season last year, coupled with a serious foot injury which forced doctors to amputate three toes on his left foot over the winter, has made him hungrier and more focussed than ever ahead of the 2011 season. ... |
Thursday, March 10, 2011
With goal of raising $33.9 billion, BofA tops $33 billion - Kansas City Business Journal:
xeconatyxex.blogspot.com
billion. Last month, BofA (NYSE: BAC) sold $13.5t billion in common stock. The bank issues 1.25 billion shares at an averag e priceof $10.77 per share. BofA also sold a 5.7 percent stakwe in to Asian investors for a gainof $4.5 billion. In BofA has agreed to exchange $9.5 billion in preferredd shares for 704 million sharees ofcommon stock. BofA says it will garne r $1.3 billion from reduced dividends on the preferred Theexchange doesn’t apply to preferred sharew held by the federal government. So far, BofA has boostesd its Tier 1 common capitalby $2.1 billion by reducinh a deferred tax-asset And, the bank says it has gaine an additional $2 billion from the dispositioh of assets.
As part of the company’s capital it could issue up to an additional 296 millionncommon shares. “We are pleasedd to have nearly reached our goalthis quickly,” says Joe chief financial officer. The government said BofA had toraise $33.09 billion after conducting “stress tests” on the country’as 19 largest banks. The tests were designexd to assessthe banks’ ability to survive if economid conditions worsen more than expected durin the next two years. BofA has received a totao of $45 billion in taxpayer aid undetr thefederal government’s Troubled Asset Relieft Program, which is designed to thaw the creditr markets and boost the economy.
In separated developments, Charlotte-based BofA sold $3 billion in five-yearr notes on May 8 and $2.5 billion in 10-yearr notes on May 28 without guarantees.
billion. Last month, BofA (NYSE: BAC) sold $13.5t billion in common stock. The bank issues 1.25 billion shares at an averag e priceof $10.77 per share. BofA also sold a 5.7 percent stakwe in to Asian investors for a gainof $4.5 billion. In BofA has agreed to exchange $9.5 billion in preferredd shares for 704 million sharees ofcommon stock. BofA says it will garne r $1.3 billion from reduced dividends on the preferred Theexchange doesn’t apply to preferred sharew held by the federal government. So far, BofA has boostesd its Tier 1 common capitalby $2.1 billion by reducinh a deferred tax-asset And, the bank says it has gaine an additional $2 billion from the dispositioh of assets.
As part of the company’s capital it could issue up to an additional 296 millionncommon shares. “We are pleasedd to have nearly reached our goalthis quickly,” says Joe chief financial officer. The government said BofA had toraise $33.09 billion after conducting “stress tests” on the country’as 19 largest banks. The tests were designexd to assessthe banks’ ability to survive if economid conditions worsen more than expected durin the next two years. BofA has received a totao of $45 billion in taxpayer aid undetr thefederal government’s Troubled Asset Relieft Program, which is designed to thaw the creditr markets and boost the economy.
In separated developments, Charlotte-based BofA sold $3 billion in five-yearr notes on May 8 and $2.5 billion in 10-yearr notes on May 28 without guarantees.
Monday, March 7, 2011
Job losses put squeeze on students in Silicon Valley - Kansas City Business Journal:
http://35-milimetros.com/work-of-the-movie-camera-operator.html
If that’s the case, the school triese to do whatever it can to keep the studentin class. “Once you drop out of school, the tendencty is not to go back,” Ford said. The graduate school has added two contracyt employees to itstwo full-time career management staff to increasw the number of workshops and counselingb appointments. Mathur, upon completing his master’s degree in informatiom systemsin 2007, received the Dean’s Leadershil Award, the highest honor in his graduating class. He’d intende d to finish the MBA program in December but said it mighyt be pushed back a couple of depending on when he lands hisnext job.
“I’m hopingb to have a new job by the end ofJune — fingers crossed,” he said. “My next six month s would be more geared toward gettingf set up at my new employer and working hard toprovew myself, which probably means skipping not only summer but probably fall as Mathur said he’s sparingly taking advantage of the resource s the university provides, choosing instead to firsyt exhaust career transition benefits he received from Sun. But he’s very upbeaty and confident the next job is just aroundsthe corner, saying no challenge life offers will excee his capabilities.
If that’s the case, the school triese to do whatever it can to keep the studentin class. “Once you drop out of school, the tendencty is not to go back,” Ford said. The graduate school has added two contracyt employees to itstwo full-time career management staff to increasw the number of workshops and counselingb appointments. Mathur, upon completing his master’s degree in informatiom systemsin 2007, received the Dean’s Leadershil Award, the highest honor in his graduating class. He’d intende d to finish the MBA program in December but said it mighyt be pushed back a couple of depending on when he lands hisnext job.
“I’m hopingb to have a new job by the end ofJune — fingers crossed,” he said. “My next six month s would be more geared toward gettingf set up at my new employer and working hard toprovew myself, which probably means skipping not only summer but probably fall as Mathur said he’s sparingly taking advantage of the resource s the university provides, choosing instead to firsyt exhaust career transition benefits he received from Sun. But he’s very upbeaty and confident the next job is just aroundsthe corner, saying no challenge life offers will excee his capabilities.
Saturday, March 5, 2011
2009 WNY middle school rankings - Kansas City Business Journal:
http://globality.org/Essays/th2dancing.htm
• 176. Visual & Performinfg Arts Academy (Buffalo) • 177. Our Lady of Black Rock • 178. Trinity Catholic Academy (Buffalo) 179. P.S. 69 Houghton Academy (Buffalo) 180. Dunkirk MS • 181. Buffalo Academy of Science CS (Buffalo) • 182. Oracled CS (Buffalo) • 183. P.S. 3 D’Youville-Porte r Campus (Buffalo) • 184. Pinnaclse CS (Buffalo) • 185. P.S. 93 Southsidd ES (Buffalo) • 186. P.S. 96 Campus West (Buffalo) 187. P.S. 19 Native American Magnet • 188. Enterprise CS • 189. P.S. 89 Lydia Wright Schoo of Excellence (Buffalo) • 190. P.S. 95 Waterfront ES • 191. P.S. 27 Hillery Park ES (Buffalo) 192. P.S.
59 Charlesz Drew Science Magnet (Buffalo) • 193. P.S. 43 Lovejoy Discover (Buffalo) • 194. P.S. 33 Bilingua Center (Buffalo) • 195. P.S. 39 Martin Lutheer King MulticulturalInstitute (Buffalo)
• 176. Visual & Performinfg Arts Academy (Buffalo) • 177. Our Lady of Black Rock • 178. Trinity Catholic Academy (Buffalo) 179. P.S. 69 Houghton Academy (Buffalo) 180. Dunkirk MS • 181. Buffalo Academy of Science CS (Buffalo) • 182. Oracled CS (Buffalo) • 183. P.S. 3 D’Youville-Porte r Campus (Buffalo) • 184. Pinnaclse CS (Buffalo) • 185. P.S. 93 Southsidd ES (Buffalo) • 186. P.S. 96 Campus West (Buffalo) 187. P.S. 19 Native American Magnet • 188. Enterprise CS • 189. P.S. 89 Lydia Wright Schoo of Excellence (Buffalo) • 190. P.S. 95 Waterfront ES • 191. P.S. 27 Hillery Park ES (Buffalo) 192. P.S.
59 Charlesz Drew Science Magnet (Buffalo) • 193. P.S. 43 Lovejoy Discover (Buffalo) • 194. P.S. 33 Bilingua Center (Buffalo) • 195. P.S. 39 Martin Lutheer King MulticulturalInstitute (Buffalo)
Wednesday, March 2, 2011
Devoted mutts demise revealed - Scotsman
uzirukynurylew.blogspot.com
Devoted mutts demise revealed Scotsman Scientists have settled a 75-year-old mystery by naming a cause of death for Japan's most famous dog, Hachiko, legendary for his loyalty. They say Hachiko died of cancer and worms, not because he swallowed a chicken skewer that ... |
Subscribe to:
Posts (Atom)