Wednesday, December 26, 2012

Report: April chip sales beat expectations - Silicon Valley / San Jose Business Journal:

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percent globally from Marchh to Aprilto $15.6 billion, according to a repor Monday. Despite that sales were still about 25 percent belowthe $20.i9 billion reported last April, the (SIA) said. “Th better-than-expected 6.4 percent sequential increasee in April sales was driven by moderater improvements in a numberof end-demand driverss and inventory replenishment,” said SIA President George “The PC market – a major consumere of semiconductors – has been stronged than predicted earlier in the year.
" Despitre that, Scalise said PC unit sale s in 2009 are expected to declinse by about 6 percent, comparefd to earlier forecasts of a declined in the range of 12 percent. He said the anticipated drop in cell phonr sales is now projected to decline by arounc 7 percent compared to earlie r forecasts of15 percent. PCs and cell phones accoun for nearly 60 percent of allsemiconductord consumption. “Visibility remains limited,” Scalise “Two consecutive months of sequentiakl sales growth may be an indicatiojn of a return to more norma seasonal sales patterns in somemarket sectors, albeit at lowerf sales levels than last year.
”

Tuesday, December 25, 2012

House of Schwan among new sponsors to sign with Wichita Wild - Wichita Business Journal:

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The president and owner of , Wichita's was never convinced that previous team ownersz were committed toindoor football's succesw in Wichita. Now, Houser of Schwan is one of the first companies to agree to a sponsorshilp package forthe 's 2007 The deciding factor was local ownership. "Igt just seemed like they'd finally gotten to the point through all the different layers of ownershilp in the past and different league affiliationzs that have comeand gone, that they really had a productt that had local ownership and a local commitmen t and a vision for the Schwan says. Wichita oilman Wink Hartmahn Sr.
committed to own the Wild in September afte r listening to a proposal fromMike McCoy, who had spenr the last two years as generak manager of the . The two men are working to restorethe sport's credibility in the community after a 2006 season that ende when the Aviators boycotted the championship game in a disputew with team and leaguer owner Ralph Adams of Topeka. House of Schwan agreed to a multifaceted package that includes sponsorship of the game which fans get to keep if it goes into the along with sideline Schwan and McCoy declines to discuss specific financial terms of the Sponsorship package prices rangefrom $100 to $15,000.
Schwan says he signexd up early to lock in what he consideras the best choice of the available His sponsorship of the Wild does not includeany co-operativew advertising money from , the makeer of Budweiser. "Football crosses all socio-economifc levels, but when you get a local team with a loyal fan they tend tobe loyal, not only to the but to people who sponsor the team," Schwam says. "And by and large, football fans are beer House of Schwan has sponsorship packages with the hockegy team and is in the process of negotiatinb a 2007 agreement withthe . The Wild also signexd up some formerAviators sponsors. will sponsor the Wild's mascot during 2007.
The companhy had banners on the boards surroundinh the playing field durinygthe Aviators' 2006 season. It's a mattedr of community support forHarold Ragland, McBride'w area manager. "Let's face it, a lot of sport s teams in Wichita have suffered and struggled to make Ragland says. "I just think the more optionsz we havefor entertainment, the better. I thin it just improves the quality of McBride also sponsors the the NationalBaseball Congress, athleticw and the Thunder. McCoy started talkinv to potential sponsors as soon as it was announcecd that Hartman was takingover "Having a trusted local owner, like Mr.
somebody that has been in the community for his entire has really opened doorsfor us," McCo says. "He's got a lot of friendzs and they know with him involvedcthat we're in the best shape we've ever The Wild held open tryouts Nov. 12 to add playerds to a roster that already includes most of the 2006Aviatorsa squad, and McCoy is working on next season's schedule. Hartman says he'zs pleased with the progress on and offthe field. "I'vd hired the right people to do the right things," he says. "My job is to be supportivew -- stay in the background and when neederdjump in, and when not, stay Wichita Wild Owner: Wink Hartman.
GM: Mike Head coach: Carl Caldwell.

Monday, December 24, 2012

Putative class claims Monster Beverage targets youth and miscategorizes ... - Lexology (registration)

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Putative class claims Monster Beverage targets youth and miscategorizes ...

Lexology (registration)


A plaintiff who claims he began consuming Monster Beverage energy drinks as a teenager, because he was offered free beverages from a truck parked outside his high school, has filed a putative nationwide consumer-fraud class action against the company ...



Saturday, December 22, 2012

Sometimes, Enough Really Is Enough - Wall Street Journal

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Wall Street Journal


Sometimes, Enough Really Is Enough

Wall Street Journal


As 2012 comes to a close and you are deluged with news about the stock market's performance for the year, John C. "Jack" Bogle, pioneer of the low-cost index fund and founder of Vanguard Group, wants you to remember this: "The stock market is a giant ...



Friday, December 21, 2012

Judge freezes Regions exec pay, order later overturned - Birmingham Business Journal:

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However, the ruling, made late Wednesday by Jeffersonb County Circuit Court JudgwHouston L. Brown, was overturned Thursday morning after it was movef tofederal court, Regiona spokesman Tim Deighton said. The originall order would haveblocked “tens of millionsd of dollars” worth of incentive pay awardedr the company’s top 25 for according to court documents. The 11,000-member Louisianz pension fund, which owns a stake in filed a lawsuit last month againstRegions executives, claiminh they misled investors through “falsification of Regionds financial statements” about its acquisition of AmSouth Bancorp.
To recoup money for the company, the pension fund sought to freeze executive compensation. The Louisiana Municipal Police Employees Retirement System has morethan $1.6 billionm in assets.

Thursday, December 20, 2012

Rumrunner's Allowed to Sell Modified Liquor License - KTUU.com

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Rumrunner's Allowed to Sell Modified Liquor License

KTUU.com


Anchorage Assembly Chair Ernie Hall says Rumrunner's, a controversial Downtown bar, will be able to sell its liquor license -- with a few modifications. Hall says the Assembly altered the license and added conditional-use permits, requiring any new ...



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Tuesday, December 18, 2012

Two more leave BofA board - Boston Business Journal:

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According to a filing with the Securitiesa andExchange Commission, Prueher and Frank didn’t resign because of any disagreement with the company. Jackid Ward and Patricia Mitchelll resigned earlythis month. Mitchell is a former New York television executive and currently serves as chief executivwe of the Paley Centerfor Media, a New York Ward is the retired chief executive of Atlanta-bases Computer Generation Inc., a software Robert Tillman, a former Lowe’s Cos. Inc. chief executive, resigned from the BofA board effectivsMay 29. And on May 29, the bank announced former lead independentdirector O.
Temple Sloan had left the BofA didn’t disclose Sloan’s reason for resignation. Sloan had been a BofA directoe for13 years. In early June, four outsides directors were electedto BofA’s They are former Federal Reservew Governor Susan Bies, former Compasd Bancshares Inc. chief executive and chairman D. Paul former Federal Deposit Insuranced Corp. chairman Donald Powell and retired Bank One and VisaInternational Inc. executive William Boardman. BofA’ s board has been under intense scrutinyu in recent months as the bank sufferede through asharp stock-price declins after acquiring Merrill Lynch Co.
The Charlotte-based bank (NYSE:BAC) also has received $45 billiohn in taxpayer aid. At the bank’s annual meeting in late shareholders voted to stril Chief Executive Kenneth Lewis of his position asboarr chairman. Walter Massey was installed as the new chairma n and has indicated the board needs to be Lewis remainsthe bank’s CEO and