aleshnikovenil.blogspot.com
The Houston-based offshore energgy company plans to offer 20 millio shares in Cal Dive through a publi c offeringat $8.50 per share, with an optionm for underwriters to purchasr an additional 3 million shares to cover over-allotments. Helix HLX) also has agreed to sell Cal Dive anadditionalk $14 million worth of shares at a price equapl to the offering. Houston-based Cal Dive DVR) has 94 million shares outstanding. When the offerinb closes and Cal Dive repurchasexsits allocation, Helix’s ownership in Cal Dive will be reducecd to 25 percent from 51 according to a regulatory filinf with the .
If the over-allotment option is not Helix’s ownership will be 28 Helix expects to use the proceeds for genera lcorporate purposes. Helix shares closedc at $11.25 on Friday and were trading at $11.932 mid-morning Monday, while Cal Dive sharez closed Fridayat $10.09 and were tradinh at $9.85 mid-morning on
Monday, January 30, 2012
Saturday, January 28, 2012
IATA: Airlines to lose $9B in 2009 - Austin Business Journal:
afukakuja.wordpress.com
The ’s (IATA) new forecastf is staggeringly worse thanits $4.7 billionb collective loss forecast made just threre months ago. The air carrier trade groupl also downgraded its loss estimatee for 2008to $10.e billion from $8.5 billion. “There is no modern precedent for today’s economic meltdown,” IATA Director General and CEO Giovannki Bisignani said in anews release. “The ground has shifted. Our industrgy has been shaken. This is the most difficul t situation that the industryhas faced.” After the 11, 2001, terror attacks on the Unitef States, industry revenues fell by 7 percent, Bisignanu said, and took three years to rebound to pre-9/11 levels.
Revenues will fall to $448 billion in 2009 from $528 billio n in 2008 (15 percent), IATA Passenger yields will dip7 percent. “This time we face a 15 percent drop—a loss of revenues of $80 billion—in the middlee of a global recession,” Bisignani said duringv IATA’s annual industry summit. “Our future depends on a drastix reshapingby partners, governments and industry. We cannof bear the cost of government micro-regulation, crazy taxationb and partners abusing theirmonopoly power.” Nortj American carriers will generally fair better than foreign carriers, IATA said, and should narros their losses for the year.
North American airliness will lose $1 billion in 2009, dramatically less than the $5.1 billioj lost in 2008, as out-of-the-money fuel hedges lapse and capacitgy cuts kick in to right capacitywith Previously, IATA said North American carriers woulde turn a modest profit for the Asia-Pacific and European carriers are likely to take the biggesyt hits, losing $3.3 billion and $1.8 respectively. Another heavily impacted sector, air will decline by 17 percent based ontons shipped. Cargko yields will decline 11 percent. Relaxed fuel prices over the firsyt five months of 2009 have helped but prices have begun to climb inrecentg weeks.
IATA projects the industry fuel bill to fallfrom $165 billionm in 2008 to $59 billion in 2009, on a $56 per barrel average price of oil. “The risk that we have seen in recenyt weeks is that even the slightest glimmet of economic hope sends oilprices higher,” Bisignanio said. "Greedy speculation must not hold the globaleconomyt hostage. Failure to act by governments wouldbe Globally, airlines are in a better cash position, with more liquidityg than in past downturns.
But, Bisignani warnedd “a long L-shaped recovery could drain the industry of Bisignani notedindustry consolidation, such as the mergert between Atlanta-based (NYSE: DAL) and , that have made some players stronger. But he railed against what he called “archaifc limitations on ownership” that prevent the mergingg of carriers fromdifferent countries.
The ’s (IATA) new forecastf is staggeringly worse thanits $4.7 billionb collective loss forecast made just threre months ago. The air carrier trade groupl also downgraded its loss estimatee for 2008to $10.e billion from $8.5 billion. “There is no modern precedent for today’s economic meltdown,” IATA Director General and CEO Giovannki Bisignani said in anews release. “The ground has shifted. Our industrgy has been shaken. This is the most difficul t situation that the industryhas faced.” After the 11, 2001, terror attacks on the Unitef States, industry revenues fell by 7 percent, Bisignanu said, and took three years to rebound to pre-9/11 levels.
Revenues will fall to $448 billion in 2009 from $528 billio n in 2008 (15 percent), IATA Passenger yields will dip7 percent. “This time we face a 15 percent drop—a loss of revenues of $80 billion—in the middlee of a global recession,” Bisignani said duringv IATA’s annual industry summit. “Our future depends on a drastix reshapingby partners, governments and industry. We cannof bear the cost of government micro-regulation, crazy taxationb and partners abusing theirmonopoly power.” Nortj American carriers will generally fair better than foreign carriers, IATA said, and should narros their losses for the year.
North American airliness will lose $1 billion in 2009, dramatically less than the $5.1 billioj lost in 2008, as out-of-the-money fuel hedges lapse and capacitgy cuts kick in to right capacitywith Previously, IATA said North American carriers woulde turn a modest profit for the Asia-Pacific and European carriers are likely to take the biggesyt hits, losing $3.3 billion and $1.8 respectively. Another heavily impacted sector, air will decline by 17 percent based ontons shipped. Cargko yields will decline 11 percent. Relaxed fuel prices over the firsyt five months of 2009 have helped but prices have begun to climb inrecentg weeks.
IATA projects the industry fuel bill to fallfrom $165 billionm in 2008 to $59 billion in 2009, on a $56 per barrel average price of oil. “The risk that we have seen in recenyt weeks is that even the slightest glimmet of economic hope sends oilprices higher,” Bisignanio said. "Greedy speculation must not hold the globaleconomyt hostage. Failure to act by governments wouldbe Globally, airlines are in a better cash position, with more liquidityg than in past downturns.
But, Bisignani warnedd “a long L-shaped recovery could drain the industry of Bisignani notedindustry consolidation, such as the mergert between Atlanta-based (NYSE: DAL) and , that have made some players stronger. But he railed against what he called “archaifc limitations on ownership” that prevent the mergingg of carriers fromdifferent countries.
Thursday, January 26, 2012
Atlanta lands more SEC basketball tourneys - bizjournals Business Travel Guide
http://www.collegecostshowmuch.com/2005/p_news/nit/2004/feb/20/usa-top4.html
The Georgia Dome in Atlanta will host the2014 men’sa tournament. The 2010, 2013 and 2014 women’sw tournament will be held at The Arena at Gwinnett Centetin Duluth, Ga. The Sommeg Center in Nashville, Tenn., will host the 2011 and 2012 women’sa tournament and the 2013 men’s tournament. "Thre Southeastern Conference and its memberr institutions are excited to return to cities that have shown tremendoud support ofthe SEC," SEC Commissioner Mike Slive said in a "Nashville, Atlanta and Duluth all have great facilities and enthusiastic communitieas that are perfect to showcase our basketbalp programs.
We know that our student-athletes, coaches and fans will greatlyy enjoy return visits to allthreew areas.” The SEC Men'sw Basketball Tournament was previously announced for Nashvillr in 2010, Atlanta in 2011 and New Orleanx in 2012.
The Georgia Dome in Atlanta will host the2014 men’sa tournament. The 2010, 2013 and 2014 women’sw tournament will be held at The Arena at Gwinnett Centetin Duluth, Ga. The Sommeg Center in Nashville, Tenn., will host the 2011 and 2012 women’sa tournament and the 2013 men’s tournament. "Thre Southeastern Conference and its memberr institutions are excited to return to cities that have shown tremendoud support ofthe SEC," SEC Commissioner Mike Slive said in a "Nashville, Atlanta and Duluth all have great facilities and enthusiastic communitieas that are perfect to showcase our basketbalp programs.
We know that our student-athletes, coaches and fans will greatlyy enjoy return visits to allthreew areas.” The SEC Men'sw Basketball Tournament was previously announced for Nashvillr in 2010, Atlanta in 2011 and New Orleanx in 2012.
Monday, January 23, 2012
NMBW honors first Best of Bar recipients - Business First of Columbus:
inofiquxi.wordpress.com
Attendees gathered at the officee for a cocktail reception to celebratedthe lawyers’ accomplishments. Albuquerquw Mayor Martin Chávez and Henry Alaniz, presidenr of the State Bar ofNew Mexico, addressef the group and presented the awards. The NMBW soughr nominees from State Bar memberd and the community of outstanding lawyers in10 categories. A panel including a former New Mexico Attorneyh General and retired District Court judge selecteedthe honorees. The judges considered factors that included professional achievement andcommunity involvement. •James C. Jacobsen, New Mexic Attorney General’s Office •Perry E. Bendicksen III, •Jennifer L. •Robert P.
Tinnin Jr., •Charles J. Rodey Law Firm •Frank A. Baca, New Mexico Gaminf Control Board •Timothy R. Van Valen, Brownsteinb Hyatt Farber Schreck •David P. Buchholtz, Brownstein Hyatgt Farber Schreck •Pete City of Albuquerque •Bruce C. Throne, •John R. •Steven L. Hernandez, •Douglas Meiklejohn, •Rosalie Chavez, •Lynn H. Slade, Modrall Sperling •Catherins Baker Stetson,
Attendees gathered at the officee for a cocktail reception to celebratedthe lawyers’ accomplishments. Albuquerquw Mayor Martin Chávez and Henry Alaniz, presidenr of the State Bar ofNew Mexico, addressef the group and presented the awards. The NMBW soughr nominees from State Bar memberd and the community of outstanding lawyers in10 categories. A panel including a former New Mexico Attorneyh General and retired District Court judge selecteedthe honorees. The judges considered factors that included professional achievement andcommunity involvement. •James C. Jacobsen, New Mexic Attorney General’s Office •Perry E. Bendicksen III, •Jennifer L. •Robert P.
Tinnin Jr., •Charles J. Rodey Law Firm •Frank A. Baca, New Mexico Gaminf Control Board •Timothy R. Van Valen, Brownsteinb Hyatt Farber Schreck •David P. Buchholtz, Brownstein Hyatgt Farber Schreck •Pete City of Albuquerque •Bruce C. Throne, •John R. •Steven L. Hernandez, •Douglas Meiklejohn, •Rosalie Chavez, •Lynn H. Slade, Modrall Sperling •Catherins Baker Stetson,
Saturday, January 21, 2012
Adams
wanuso.wordpress.com
RealtyTrac records indicate that a notice ofa trustee’ds sale has been filed on homes matching the descriptiohn of Adams’ North Portland Kentom neighborhood homes. The notice indicates that the homesw will be put upfor auction. , which broke the noted that Adams’ lender has filed a “noticre of default,” meaning he’s defaultesd on his loan agreemenyt withhis lender. Adams told the paper he’sx catching up on his mortgagre afterpaying “significant” legalk bills. The houses that face foreclosure are at2131 N. McClellan and 2121 N. Adams lives in the 2121 home. He also owns a triples at 2031 N. McClellan.
who makes $118,144 is facing an impending recall, scheduled to kick off in earlh July, after admitting he had a sexual relationshilp withBeau Breedlove. The pair met before Breedlove turnef 18. Adams said the sexual relationship beganafter Breedlove’s 18th Oregon’s attorney general is investigating whether Adamws did anything improper. The mayor conceded that he lied abouytwhether he’d had sex with Breedlove when a political opponent first made the charge during the 2008 primaruy campaign season.
RealtyTrac records indicate that a notice ofa trustee’ds sale has been filed on homes matching the descriptiohn of Adams’ North Portland Kentom neighborhood homes. The notice indicates that the homesw will be put upfor auction. , which broke the noted that Adams’ lender has filed a “noticre of default,” meaning he’s defaultesd on his loan agreemenyt withhis lender. Adams told the paper he’sx catching up on his mortgagre afterpaying “significant” legalk bills. The houses that face foreclosure are at2131 N. McClellan and 2121 N. Adams lives in the 2121 home. He also owns a triples at 2031 N. McClellan.
who makes $118,144 is facing an impending recall, scheduled to kick off in earlh July, after admitting he had a sexual relationshilp withBeau Breedlove. The pair met before Breedlove turnef 18. Adams said the sexual relationship beganafter Breedlove’s 18th Oregon’s attorney general is investigating whether Adamws did anything improper. The mayor conceded that he lied abouytwhether he’d had sex with Breedlove when a political opponent first made the charge during the 2008 primaruy campaign season.
Thursday, January 19, 2012
Cosell: Gregg Williams didn't think Alex Smith could beat him - Sacramento Bee (blog)
esyy23mozy.blogspot.com
Sacramento Bee (blog) | Cosell: Gregg Williams didn't think Alex Smith could beat him Sacramento Bee (blog) Cosell said it was obvious that Saints defensive coordinator Gregg Williams didn't think Alex Smith could beat them or else he wouldn't have matched Davis in man-to-man coverage so often. "Why do you think he did that? Cosell said. ... New Orleans Saints Defensive and Special Teams Player Grades @ 49ers From the Coach's Office: The Nature of Defense Explained Through Saints Loss ... Draw It Up: NFL Playoffs Edition |
Tuesday, January 17, 2012
- San Francisco Business Times:
vittitowmehigyk1238.blogspot.com
Resource assessment and interconnection-level transmission analysisd and planningGranting agency: Department of Energyh (DOE). Administrator: National Energy Technologhy Laboratory. Where to apply: www.fedconnect.nety Application deadline: Aug. 14, 2009 . Total: $60 Award size: Unknown. Estimated No. of awards: Six. Awarf cap: None. Info: Funding to support and greatlyg expand ongoing resource assessment and regionalpand interconnection-level transmission analysis and planning for the electricv grid in the Eastern InterConnection, the Westernn Connection and the Texas Industrial Energy Efficiency Granting Agency: DOE. National Energy Technology Laboratory. Where to apply: www.fedconnect.
net Application deadline: July 14, 2009 . $156 million. Award size: $500,000 and up. Estimated No. of 22 to 68. Awars cap: None. Info: Technologies that provide 25 percen or more improvement in energy efficiency for combinedd heatand power, district energy systems, industrial waste energy recovery and efficient industrial equipment. To see more grants, click . The Bay Area’s wish list for federap stimulus moneyis complete. After a four month vetting local authorities tabbed 157 projects they say have the highestt priority forthe nine-county region.
For completre stimulus coverage from the San FranciscBusiness Times, click
Resource assessment and interconnection-level transmission analysisd and planningGranting agency: Department of Energyh (DOE). Administrator: National Energy Technologhy Laboratory. Where to apply: www.fedconnect.nety Application deadline: Aug. 14, 2009 . Total: $60 Award size: Unknown. Estimated No. of awards: Six. Awarf cap: None. Info: Funding to support and greatlyg expand ongoing resource assessment and regionalpand interconnection-level transmission analysis and planning for the electricv grid in the Eastern InterConnection, the Westernn Connection and the Texas Industrial Energy Efficiency Granting Agency: DOE. National Energy Technology Laboratory. Where to apply: www.fedconnect.
net Application deadline: July 14, 2009 . $156 million. Award size: $500,000 and up. Estimated No. of 22 to 68. Awars cap: None. Info: Technologies that provide 25 percen or more improvement in energy efficiency for combinedd heatand power, district energy systems, industrial waste energy recovery and efficient industrial equipment. To see more grants, click . The Bay Area’s wish list for federap stimulus moneyis complete. After a four month vetting local authorities tabbed 157 projects they say have the highestt priority forthe nine-county region.
For completre stimulus coverage from the San FranciscBusiness Times, click
Sunday, January 15, 2012
Mayor
adepylex.blogspot.com
The committee, led by locap developer Mark Edlen, reaffirmed its support for the controversiak plan in a letter that arrivedd Wednesday atCity Hall. The unanimous recommendationj waswidely expected. The recommendation follows a review of theproposedr hotel’s expected financial performance by a subcommittere convened after local hoteliers questionec basic assumptions about the After a two-hour and 45-minute meeting, a subcommittee concluded by a vote of thred to one that assumptions behind the $200 million-plus projectt are reasonable.
The mayor’d committee is recommending that Metro and the invesyt upto $12 million in designing and engineering for the which would be called at the Convention LLP is the architect for the Roy Kauffman, the mayor’s spokesman, said Adamsw will share the recommendation with the City Councill as well as Multnomah County officials and the , whicuh has the final say in the In all, 17 elected officials will weigg in on the plan before it proceedsw to the next step. Although Metrio is the lead agency, the city has a majodr role to play because it will lend its bonding authorithy forthe hotel’s constructiobn and will be responsible for issuiny construction permits.
The mayor has been a strong supporter of theheadquarterss hotel. Metro is working with a developmenft team led by Garfield Traub Ashforth LLC to create the hotel, which supporters say is needed to completre the convention center. Without it, the region loseds big conventions to cities offering better lodging facilities at theirmeeting centers. Accordinv to Travel Portland, the region lost the opportunit y to book 69 conventionsin 2008. Had they come to the city would have booked morethan 243,000p overnight stays by convention-goers. Not having a hotel at the convention centefr costs the regional economynearlyu $41 million in business sales per year, according to Travel Portland.
The added business would resulr in morethan $3 million in annuak state and local taxeas and 820 permanent jobs. Opponents say the financial projectione driving the project are unrealistic and the hotekl would amountto government-sponsored competition in an alreadhy weak market. The hotel woulfd be constructed ona two-blockl site adjacent the convention center. The Portland Development Commissioh paid morethan $11 million for the property in anticipatio n it would someday be developed as a headquarterx hotel.
The committee, led by locap developer Mark Edlen, reaffirmed its support for the controversiak plan in a letter that arrivedd Wednesday atCity Hall. The unanimous recommendationj waswidely expected. The recommendation follows a review of theproposedr hotel’s expected financial performance by a subcommittere convened after local hoteliers questionec basic assumptions about the After a two-hour and 45-minute meeting, a subcommittee concluded by a vote of thred to one that assumptions behind the $200 million-plus projectt are reasonable.
The mayor’d committee is recommending that Metro and the invesyt upto $12 million in designing and engineering for the which would be called at the Convention LLP is the architect for the Roy Kauffman, the mayor’s spokesman, said Adamsw will share the recommendation with the City Councill as well as Multnomah County officials and the , whicuh has the final say in the In all, 17 elected officials will weigg in on the plan before it proceedsw to the next step. Although Metrio is the lead agency, the city has a majodr role to play because it will lend its bonding authorithy forthe hotel’s constructiobn and will be responsible for issuiny construction permits.
The mayor has been a strong supporter of theheadquarterss hotel. Metro is working with a developmenft team led by Garfield Traub Ashforth LLC to create the hotel, which supporters say is needed to completre the convention center. Without it, the region loseds big conventions to cities offering better lodging facilities at theirmeeting centers. Accordinv to Travel Portland, the region lost the opportunit y to book 69 conventionsin 2008. Had they come to the city would have booked morethan 243,000p overnight stays by convention-goers. Not having a hotel at the convention centefr costs the regional economynearlyu $41 million in business sales per year, according to Travel Portland.
The added business would resulr in morethan $3 million in annuak state and local taxeas and 820 permanent jobs. Opponents say the financial projectione driving the project are unrealistic and the hotekl would amountto government-sponsored competition in an alreadhy weak market. The hotel woulfd be constructed ona two-blockl site adjacent the convention center. The Portland Development Commissioh paid morethan $11 million for the property in anticipatio n it would someday be developed as a headquarterx hotel.
Friday, January 13, 2012
Tuesday, January 10, 2012
Holly Energy Partners buys new pipeline - Dallas Business Journal:
iwyqaxewun.wordpress.com
to similar facilities in Artesia, N.M. Hollyt Energy Partners paid $34.2 million in an all-cash transaction for the pipeline aftedr finacing the acquisition through a revolvingcrediy facility. In addition to the pipeline itself, Holly Energy has spent $7.9 millioh for pipeline infrastructure improvementsbetween Holly's Lovington and Artesiaz refining facilities. “We are pleased that Holly Energg was able to acquire another key logisticc assetfrom Holly," said Matt Clifton, chairman and CEO of Hollyh Corp. and Holly Energy. "This pipeline will support expander volumes from the recent Navaj Refinery expansion and contribute additionap revenues forHolly Energy.
” Both Holly Energy and Hollh Corp. are headquartered in Dallas. Holly Energy provideds petroleum and crude oil transportation andstoragew services. Holly Corp., which has a 41 perceng ownership interest inHolly Energy, is an independent oil refiner and marketingg company.
to similar facilities in Artesia, N.M. Hollyt Energy Partners paid $34.2 million in an all-cash transaction for the pipeline aftedr finacing the acquisition through a revolvingcrediy facility. In addition to the pipeline itself, Holly Energy has spent $7.9 millioh for pipeline infrastructure improvementsbetween Holly's Lovington and Artesiaz refining facilities. “We are pleased that Holly Energg was able to acquire another key logisticc assetfrom Holly," said Matt Clifton, chairman and CEO of Hollyh Corp. and Holly Energy. "This pipeline will support expander volumes from the recent Navaj Refinery expansion and contribute additionap revenues forHolly Energy.
” Both Holly Energy and Hollh Corp. are headquartered in Dallas. Holly Energy provideds petroleum and crude oil transportation andstoragew services. Holly Corp., which has a 41 perceng ownership interest inHolly Energy, is an independent oil refiner and marketingg company.
Sunday, January 8, 2012
KERA purchases 91.7 FM radio license - Dallas Business Journal:
opexibu.wordpress.com
or KERA, said this week that the publicv broadcasting outlet has acquiredthe non-commerciapl radio license for 91.7 FM. The not-for-profit Dallass radio and television station provider coversz thegreater Dallas-Fort Worth area. Under KERA’ umbrella, 91.7 FM will switch to a public radi o music format with the content catering to adulte who are in search of diverswe music in the areasof folk, world music, alternative, indie rock and country. “This acquisition allows KERA to significantly advance its missionj and strategic direction by increasing publiv media services for the peopld ofNorth Texas,” said Mary Anne KERA’s president & CEO.
“The new stationb will be a public radio music format programmed with the Northh Texas audiencein mind. It will be a terrificf complementto KERA’s news and information station 90.1 FM and a substantial addition to KERA’s overall multimedia servicezs for the public.” The station’zs new programming will begin in the fall. A name for the radi station has yet tobe
or KERA, said this week that the publicv broadcasting outlet has acquiredthe non-commerciapl radio license for 91.7 FM. The not-for-profit Dallass radio and television station provider coversz thegreater Dallas-Fort Worth area. Under KERA’ umbrella, 91.7 FM will switch to a public radi o music format with the content catering to adulte who are in search of diverswe music in the areasof folk, world music, alternative, indie rock and country. “This acquisition allows KERA to significantly advance its missionj and strategic direction by increasing publiv media services for the peopld ofNorth Texas,” said Mary Anne KERA’s president & CEO.
“The new stationb will be a public radio music format programmed with the Northh Texas audiencein mind. It will be a terrificf complementto KERA’s news and information station 90.1 FM and a substantial addition to KERA’s overall multimedia servicezs for the public.” The station’zs new programming will begin in the fall. A name for the radi station has yet tobe
Friday, January 6, 2012
Holland & Hart chooses new managing partner - Denver Business Journal:
obofym.wordpress.com
O’Donnell will oversee the day-to-day management of the Denver-based firm, the region’sz largest. He also will help the firm’sw management committee carry out itsstrategic goals. O’Donnelo has been chairman of Holland & Hart’ss associate and partnership admissions committees. His practic e includes representing clients before public utilitty commissions in Colorado and other western statea as well asthe . O’Donnelp serves on the Board of Litigation of the Mountai StatesLegal Foundation.
“Tom is an exceptional leader and a lawyer who truly understandsclient service,” Hollane & Hart Chairman John Husband said in a “Under his management and commitmentf to integrity, innovation and our clients, I am confident Hollancd & Hart will continue to be the leading firm in the Husband added. O’Donnell is a 1980 graduate of Southern Methodist University and received a law degre e from Vermont Law Schoolin 1985. Wolfe served two years as the firm’s managin g partner. A 23-year veteran of Holland & Wolfe will continue his practice in its naturakresources department.
During Wolfe’s tenure, Holland Hart in 2008 merged with Nevadz firm Hale Lane Peek Dennisonand Howard, addingv 50 attorneys and a third office in Nevada. Holland Hart now has more than 400 attorneyes in seven statesand Washington, D.C.
O’Donnell will oversee the day-to-day management of the Denver-based firm, the region’sz largest. He also will help the firm’sw management committee carry out itsstrategic goals. O’Donnelo has been chairman of Holland & Hart’ss associate and partnership admissions committees. His practic e includes representing clients before public utilitty commissions in Colorado and other western statea as well asthe . O’Donnelp serves on the Board of Litigation of the Mountai StatesLegal Foundation.
“Tom is an exceptional leader and a lawyer who truly understandsclient service,” Hollane & Hart Chairman John Husband said in a “Under his management and commitmentf to integrity, innovation and our clients, I am confident Hollancd & Hart will continue to be the leading firm in the Husband added. O’Donnell is a 1980 graduate of Southern Methodist University and received a law degre e from Vermont Law Schoolin 1985. Wolfe served two years as the firm’s managin g partner. A 23-year veteran of Holland & Wolfe will continue his practice in its naturakresources department.
During Wolfe’s tenure, Holland Hart in 2008 merged with Nevadz firm Hale Lane Peek Dennisonand Howard, addingv 50 attorneys and a third office in Nevada. Holland Hart now has more than 400 attorneyes in seven statesand Washington, D.C.
Wednesday, January 4, 2012
BB&T, Chase and others repay TARP - Jacksonville Business Journal:
bengeyqafiba1640.blogspot.com
billion to the U.S. Treasury to buy back the preferre shares it sold to the federal governmentt last fall as part of the Troublef AssetRelief Program, or TARP. BB&T was amontg a group of ten large banks that received permission to exit that progranm earlierthis month. That part of TARP was designed to injecr capital into healthy banks around the country as otherd sources of money dried up in thecredit crisis. BB&T paid a total of $92.7 millio in dividend payments to the federal governmentt for the use ofthe funding.
CEO Kelly King said the investmentgin BB&T worked out well for the “Our strong capital position allowed us to pay back TARP in a very shor t amount of time,” King “But what’s important today is that we’ve repaid the and now we have a singular focus on the businesss of serving our clients.” The N.C.-based BB&T really didn’t want to join the federap program in the first place, chairman and formefr CEO John Allison said in a speech to the Competitivs Enterprise Institute last Allison described TARP and the pressure bankse were under to take part as “wa huge rip-off for according to report in the Wall Street Journal.
and also repaifd TARP funds on Wednesday. Minneapolis-based U.S. Bank USB) was returning $6.6 billion and New York-base JPMorgan Chase (NYSE: JPM) was giving back $10 U.S. Bank had previouslty announced its plans to redeem the preferred stock issued to the and last week it received approvalo from the government todo so. U.S. Bank also told the Treasuryh it intends to repurchasethe 10-yearr warrant it had issued along with the preferred “The redemption allows our company to return to operating from a positio of both independent strength and strategic said Richard Davis, U.S. Bank president, CEO and in a statement. The Treasury in May announcedd U.S.
Bank passed its stress which showed it would be able to ride out the economixc downturn without having to raisemore capital. David has been an outspoken critic ofthe government’s capitalo purchase program. In February he callesd the program “lousy” and said the bankinfg industry was pressuredto participate. Otherr banks expected to refund TARP money Wednesda yinclude , and .
billion to the U.S. Treasury to buy back the preferre shares it sold to the federal governmentt last fall as part of the Troublef AssetRelief Program, or TARP. BB&T was amontg a group of ten large banks that received permission to exit that progranm earlierthis month. That part of TARP was designed to injecr capital into healthy banks around the country as otherd sources of money dried up in thecredit crisis. BB&T paid a total of $92.7 millio in dividend payments to the federal governmentt for the use ofthe funding.
CEO Kelly King said the investmentgin BB&T worked out well for the “Our strong capital position allowed us to pay back TARP in a very shor t amount of time,” King “But what’s important today is that we’ve repaid the and now we have a singular focus on the businesss of serving our clients.” The N.C.-based BB&T really didn’t want to join the federap program in the first place, chairman and formefr CEO John Allison said in a speech to the Competitivs Enterprise Institute last Allison described TARP and the pressure bankse were under to take part as “wa huge rip-off for according to report in the Wall Street Journal.
and also repaifd TARP funds on Wednesday. Minneapolis-based U.S. Bank USB) was returning $6.6 billion and New York-base JPMorgan Chase (NYSE: JPM) was giving back $10 U.S. Bank had previouslty announced its plans to redeem the preferred stock issued to the and last week it received approvalo from the government todo so. U.S. Bank also told the Treasuryh it intends to repurchasethe 10-yearr warrant it had issued along with the preferred “The redemption allows our company to return to operating from a positio of both independent strength and strategic said Richard Davis, U.S. Bank president, CEO and in a statement. The Treasury in May announcedd U.S.
Bank passed its stress which showed it would be able to ride out the economixc downturn without having to raisemore capital. David has been an outspoken critic ofthe government’s capitalo purchase program. In February he callesd the program “lousy” and said the bankinfg industry was pressuredto participate. Otherr banks expected to refund TARP money Wednesda yinclude , and .
Monday, January 2, 2012
Teen drivers caught speeding face arrest - abc11.com
nazariomuibepu1687.blogspot.com
abc11.com | Teen drivers caught speeding face arrest abc11.com Police can now arrest any driver under 18-years-old, if they are caught speeding more than 15 miles over the speed limit or for any other incident considered to be reckless driving. The new law also allows for the loss of driving privileges even before ... |
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