Los Angeles Times | Lehman Bros. elite stood to get $700 million Los Angeles Times Bankruptcy case reveals pre-crash pay for 50 Lehman Bros. employees that shocks even W » |
Sunday, April 29, 2012
Lehman Bros. elite stood to get $700 million - Los Angeles Times
bojony.wordpress.com
Friday, April 27, 2012
Romney and Obama stump for the youth vote - Washington Post (blog)
takes-trendsthe.blogspot.com
Romney and Obama stump for the youth vote Washington Post (blog) By Al Kamen The “youth vote†is among the many categories of voters that are deemed critical for both presidential candidates this fall. And both campaigns are making a concerted effort not only to get the younger generation's votes but to get them ... |
Thursday, April 26, 2012
Barclays sets aside extra £300m for PPI - Financial Times
hegenefipa.blogspot.com
BBC News | Barclays sets aside extra £300m for PPI Financial Times The £300m PPI charge means that Barclays has now set aside £1.3bn to cover the cost of settling claims that this controversial form of loan cover was inappropriately sold to customers. Barclays said the increased provision followed a recent increase in ... Barclays sets aside extra £300m for PPI claims Barclays pummelled by another £300m hit from PPI claims - but profits beat ... What's so 'encouraging' about Barclays' £475m loss? |
Tuesday, April 24, 2012
A number of prospects moving up draft boards late in the process - SI.com
hydiuco.blogspot.com
kypost.com | A number of prospects moving up draft boards late in the process SI.com There are always a number of surprises throughout the draft's seven rounds, as players gain momentum late in the process and move up boards. Here are 15 names to remember, some well-known and others true sleepers, who could be drafted much earlier than ... Final 2 012 NFL mock draft |
Sunday, April 22, 2012
Microsoft Posts Record Revenue — but Xbox Is Slipping - ABC News
dawojetos.blogspot.com
The Guardian | Microsoft Posts Record Revenue â€" but Xbox Is Slipping ABC News Microsoft reported record revenues of $17.41 billion for the past quarter, but profits slipped 2.4% from the same period a year earlier, down from $5.23 billion to $5.11 billion. PC sales were sluggish due to the twin pressures of a hard-disk shortage ... Microsoft FY Q3 Tops Estimates; Revs $17.41B; EPS 60 Cents (Updated) Microsoft revenues beat forecasts but Xbox and Bing disappoint as profits dip Businesses Boost Microsoft's Q3 Earnings |
Friday, April 20, 2012
Johns Hopkins, Colliers Pinkard among bankrupt developer Opus East's creditors - Orlando Business Journal:
proklofuxaanygez.blogspot.com
Opus, which developed more than 13 million square feet of commerciapl space in the regionsince . The 210-page list of creditorse did not specify whether they were securedeor unsecured, nor did it say how much moneyy each was owed. Among the firm’s largesgt creditors is , which is seeking more than $25 millionb from Opus tied to a 160,000-square-foot office it was buildinyg for defensecontractor (NYSE: NOC) in Linthicuj Heights. The bank sued Opus subsidiary Nurseryh Corner BB LLC in Anne Arundel County Circuit Cour t onJune 29, claiming Opus defaulted on the according to court documents.
In its bankruptcuy filing, Opus listed assets of between $50 millioj and $100 million and liabilities ofbetween $100 million and $500 Other notable Baltimore-area firms listed included: in Baltimore; Century the Economic Alliance of Greateer Baltimore; ; American Office Equipmentr Co. Inc.; ; ; and Rummel, Klepper Kahl LLP. The U.S. Bankruptcy Court in Delaware has scheduled a creditor s meeting to be heldJuly 22.
Opus, which developed more than 13 million square feet of commerciapl space in the regionsince . The 210-page list of creditorse did not specify whether they were securedeor unsecured, nor did it say how much moneyy each was owed. Among the firm’s largesgt creditors is , which is seeking more than $25 millionb from Opus tied to a 160,000-square-foot office it was buildinyg for defensecontractor (NYSE: NOC) in Linthicuj Heights. The bank sued Opus subsidiary Nurseryh Corner BB LLC in Anne Arundel County Circuit Cour t onJune 29, claiming Opus defaulted on the according to court documents.
In its bankruptcuy filing, Opus listed assets of between $50 millioj and $100 million and liabilities ofbetween $100 million and $500 Other notable Baltimore-area firms listed included: in Baltimore; Century the Economic Alliance of Greateer Baltimore; ; American Office Equipmentr Co. Inc.; ; ; and Rummel, Klepper Kahl LLP. The U.S. Bankruptcy Court in Delaware has scheduled a creditor s meeting to be heldJuly 22.
Thursday, April 19, 2012
Satiating Snacks Like Popcorn & Portion-Controlled Meals: Must-Haves for ... - MarketWatch (press release)
grigoriynirim.blogspot.com
Satiating Snacks Like Popcorn & Portion-Controlled Meals: Must-Haves for ... MarketWatch (press release) However, new research focusing on 100-calorie snacks and single-serve frozen meals, demonstrates that swim suit success can be almost as close as your microwave. Simply replacing a typical restaurant or cafeteria lunch with a pre-portioned, ... |
Tuesday, April 17, 2012
'Cabin in the Woods': How Did Your Audience React? - IndiaGlitz
belyaevostapuki.blogspot.com
IndiaGlitz | 'Cabin in the Woods': How Did Your Audience React? IndiaGlitz When the actress spoke to Hollywood.com last week about the genre-bending horror flick The Cabin in the Woods she shared that audiences were having some strong reactions. ""You see the same expression on people's faces when they come out [of the ... |
Sunday, April 15, 2012
July 4th travel down despite gas prices - Dallas Business Journal:
ibitasony.wordpress.com
The number of travelers from the West SoutjCentral region, which includes Texas, accordingg to the release, will decline 3.1 percent comparedd with last year. Of the reported 3.2 million Texans traveling, 2.8 million plan to drive. "Recengt travel surveys anticipate the lower pricess for gasoline are not expected to have a majot impact on the number of people travelinh over the Fourth ofJuly holiday," said Sarauh Schimmer, a AAA Texas spokesperson. Gas pricexs have seen a nearly $1.50 decrease from last summer. The average pricer per gallon of regular unleaded gas in Dallasis $2.48i this week compared with $3.95 one year ago. Regularf unleaded gas prices in Fort Worth areat $2.
46 comparerd to $3.94 last year, accordingt to the release. Gas in Texas remaina 14 cents below thenational average, at $2.49. A week ago the Texas gas price averagewas $2.53. the price of regulaer unleaded isat $2.63.
The number of travelers from the West SoutjCentral region, which includes Texas, accordingg to the release, will decline 3.1 percent comparedd with last year. Of the reported 3.2 million Texans traveling, 2.8 million plan to drive. "Recengt travel surveys anticipate the lower pricess for gasoline are not expected to have a majot impact on the number of people travelinh over the Fourth ofJuly holiday," said Sarauh Schimmer, a AAA Texas spokesperson. Gas pricexs have seen a nearly $1.50 decrease from last summer. The average pricer per gallon of regular unleaded gas in Dallasis $2.48i this week compared with $3.95 one year ago. Regularf unleaded gas prices in Fort Worth areat $2.
46 comparerd to $3.94 last year, accordingt to the release. Gas in Texas remaina 14 cents below thenational average, at $2.49. A week ago the Texas gas price averagewas $2.53. the price of regulaer unleaded isat $2.63.
Friday, April 13, 2012
InterOil Updates Antelope-1 Testing and Completion
houston-nearly.blogspot.com
Drill Stem Test (DST) #14, performer over an interval from 7,940 feet (2,420 meters) to 8,045 feet (2,452 meters) in the second side track, recovered gas, oil and drilling fluid over the 105foot (32 open hole section. Subsequently, DST #15 performedc over an intervalfrom 8,078 feet (2,462 meters) to 8,170 feet (2,490 meters) was unsuccessful due to the downholde valve failing to open. The oil recovere d in DST #14 measured in the lab within a rangre 33 to 43 degreewAPI gravity. The forward plan is to completde the well for a long termproduction test.
We are currently installing 2 7/8ths production tubing to the open hole sectionj below the liner from 7700feet (2347y meters) to the top of a cemen t plug at the bottom of the well at 8055 feet (24545 meters). Following completion of the well the rig will be moverd to theprepared Antelope-2 location targetinv a spud date near the end of Our analysis of test results to date indicate condensated rich natural gas from the top of the reservoirf at 5,742 feet (1,7500 meters) down to 7,769 feet (2,368 a total of 2,027 feet (618 a possible oil and heavyu condensate column from 7,769 feet (2,368 meters) to 8045 feet (2452w meters), a total of 276 feet (84 meters) and transitio n zone to water estimated to be betweenm 8,160 feet (2,487 meters) and 8,367 feet (2,55 0 meters).
The long term production test should further our understanding of the volumes and recovery of both condensated and oil in the reservoir as well as completinv the original objective of testing for ahigherf condensate-to-gas ratio. The Company is in the early stages of evaluatiomn and has not yet been able to determine any reasonable approximation ofoil volumes, and in particular whether oil volumes would be sufficient to be commercially InterOil Corporation is developing a vertically integratee energy business whose primary focus is Papua New Guinew and the surrounding region. InterOil's assets consist of petroleum licensezs coveringabout 4.
6 million acres, an oil and retail and commercial distribution all located in Papua New Guinea. In InterOil is a shareholdetr in a joint venture established to construcgt an LNG plant on a site adjacenftto InterOil's refinery in Port Papua New Guinea. InterOil's common shares trade on the NYSE in US FOR INVESTORRELATIONS ENQUIRIES: Wayne Andrews Anesti Dermedgogloi V.P. Capital Markets V.P. Investor Relations Wayne.Andrews@InterOil.cok Anesti@InterOil.com The Woodlands, TX USA Cairns Qld, Australia Phone: 281-292-1800 Phone: +61 7 4046 4600 This press releas mayinclude "forward-looking statements" as defined in United Statesz federal and Canadian securitiesd laws.
All statements, other than statements of historical included in this press release thataddresz activities, events or developmentsx that the InterOil expects, believes or anticipatex will or may occur in the future are forward-looking including in particular the proposed testing activitiesa to be undertaken. In this press release contains forward lookinyg statements concerning testing activities inthe Elk/Antelope field and potentia l results from these activities.
These statements are basedr on certain assumptions made by the Company basedf on its experience and perception ofcurrenyt conditions, expected future developments and othert factors it believes are appropriate in the circumstances. No assurances can be givebn however, that these events will occud or results willbe achieved. No assurances can be given as to whether there will besufficienyt volumes, that condensate or oil will ultimately be recoverable or of any futurde condensate or oil production.
Actual results will and the difference may be material and adverse to the Company and its Such statements are subject to a number of risksand uncertainties, many of which are beyond the control of the which may cause our actual results to differ materially from those implied or expressed by the forward-looking statements. Some of these factors include the risk factord discussed inthe Company's filings with the Securities and Exchangre Commission and SEDAR, including but not limited to thosew in the Company's Annual Report for the year endefd December 31, 2008 on Form 40-F and its Annual Informatiomn Form for the year ended Decembere 31, 2008.
Investors are urged to considerf closely the disclosure inthe Company's Form available from us at or from the SEC at and its and its Annuak Information Form available on SEDAR at . We currentluy have no reserves as defined in Canadian NationalInstrumentf 51-101 Standards of Disclosure for Oil and Gas All information contained herein regarding resourcexs are references to undiscovered resourcesd under Canadian National Instrument whether stated or not.
Drill Stem Test (DST) #14, performer over an interval from 7,940 feet (2,420 meters) to 8,045 feet (2,452 meters) in the second side track, recovered gas, oil and drilling fluid over the 105foot (32 open hole section. Subsequently, DST #15 performedc over an intervalfrom 8,078 feet (2,462 meters) to 8,170 feet (2,490 meters) was unsuccessful due to the downholde valve failing to open. The oil recovere d in DST #14 measured in the lab within a rangre 33 to 43 degreewAPI gravity. The forward plan is to completde the well for a long termproduction test.
We are currently installing 2 7/8ths production tubing to the open hole sectionj below the liner from 7700feet (2347y meters) to the top of a cemen t plug at the bottom of the well at 8055 feet (24545 meters). Following completion of the well the rig will be moverd to theprepared Antelope-2 location targetinv a spud date near the end of Our analysis of test results to date indicate condensated rich natural gas from the top of the reservoirf at 5,742 feet (1,7500 meters) down to 7,769 feet (2,368 a total of 2,027 feet (618 a possible oil and heavyu condensate column from 7,769 feet (2,368 meters) to 8045 feet (2452w meters), a total of 276 feet (84 meters) and transitio n zone to water estimated to be betweenm 8,160 feet (2,487 meters) and 8,367 feet (2,55 0 meters).
The long term production test should further our understanding of the volumes and recovery of both condensated and oil in the reservoir as well as completinv the original objective of testing for ahigherf condensate-to-gas ratio. The Company is in the early stages of evaluatiomn and has not yet been able to determine any reasonable approximation ofoil volumes, and in particular whether oil volumes would be sufficient to be commercially InterOil Corporation is developing a vertically integratee energy business whose primary focus is Papua New Guinew and the surrounding region. InterOil's assets consist of petroleum licensezs coveringabout 4.
6 million acres, an oil and retail and commercial distribution all located in Papua New Guinea. In InterOil is a shareholdetr in a joint venture established to construcgt an LNG plant on a site adjacenftto InterOil's refinery in Port Papua New Guinea. InterOil's common shares trade on the NYSE in US FOR INVESTORRELATIONS ENQUIRIES: Wayne Andrews Anesti Dermedgogloi V.P. Capital Markets V.P. Investor Relations Wayne.Andrews@InterOil.cok Anesti@InterOil.com The Woodlands, TX USA Cairns Qld, Australia Phone: 281-292-1800 Phone: +61 7 4046 4600 This press releas mayinclude "forward-looking statements" as defined in United Statesz federal and Canadian securitiesd laws.
All statements, other than statements of historical included in this press release thataddresz activities, events or developmentsx that the InterOil expects, believes or anticipatex will or may occur in the future are forward-looking including in particular the proposed testing activitiesa to be undertaken. In this press release contains forward lookinyg statements concerning testing activities inthe Elk/Antelope field and potentia l results from these activities.
These statements are basedr on certain assumptions made by the Company basedf on its experience and perception ofcurrenyt conditions, expected future developments and othert factors it believes are appropriate in the circumstances. No assurances can be givebn however, that these events will occud or results willbe achieved. No assurances can be given as to whether there will besufficienyt volumes, that condensate or oil will ultimately be recoverable or of any futurde condensate or oil production.
Actual results will and the difference may be material and adverse to the Company and its Such statements are subject to a number of risksand uncertainties, many of which are beyond the control of the which may cause our actual results to differ materially from those implied or expressed by the forward-looking statements. Some of these factors include the risk factord discussed inthe Company's filings with the Securities and Exchangre Commission and SEDAR, including but not limited to thosew in the Company's Annual Report for the year endefd December 31, 2008 on Form 40-F and its Annual Informatiomn Form for the year ended Decembere 31, 2008.
Investors are urged to considerf closely the disclosure inthe Company's Form available from us at or from the SEC at and its and its Annuak Information Form available on SEDAR at . We currentluy have no reserves as defined in Canadian NationalInstrumentf 51-101 Standards of Disclosure for Oil and Gas All information contained herein regarding resourcexs are references to undiscovered resourcesd under Canadian National Instrument whether stated or not.
Wednesday, April 11, 2012
Women driving change - Phoenix Business Journal:
zvonkovaleoqim.blogspot.com
Sharon, president and chief executive of ThePlazaq Cos., has been appointed to governor's councils on work force development, economic development, militaryy facilities and fuel. "She is the kind of person who explaines her vision in such a way that you immediatelyg want to be a partof it," says Dian McCarthy, of ASU Alumni and formerly with Westmarc. "She has the vision and can sell it." Last Sharon was chairwoman of the Greatee Phoenix Economic Council and mobilized the businese community around investment in education andattractinfg high-wage jobs. She also is a trustee of the multi-million-dollart Virginia G.
Piper "People like Sharon Harper have carvec a nice path for womenin leadership," says Mary Vanis, director of work force development for Maricopq County Community Colleges. "She has a wonderful styls that isnot domineering; it's soft but effective." Sharonm balks that leaders should be tallied in accordancee to their gender. "The principles are the same, whether you are man or Sharon says. You need to have passion and energy, be smart and intuitive, and try to producde excellence in whateverfield you'red in. Those are the winning combinations.
" A former high schoolp teacher has found a progressively larger voice as she guidezs occupational programs for the countgand state. As director of the Center for Workforcd Development for the Maricopaq CountyCommunity Colleges, Mary Vanis is responsiblwe for making sure occupationalp training in Arizona meets employer needs. Mary also is a membefr of the Arizona BioTechnology EconomicDevelopmenyt Committee, the Governor's Council on Workforcde Policy, the Governor's Council on Aging, and the accreditatiom review council of the North Central Associatiobn of Colleges and Schools. She has been looked to for inputt on larger national and stat e workforce efforts.
"One of the rewards of this is communicatingeverythintg we're learning to help the collegew develop programs with the right curriculum based on the right kind of Mary says. Mary, whose mothet was of the Choctaw tribe, also assists Americanb Indian groups. She specifically has helped with training her ancestral populationb with quality job She says the Native Americamn community never questionedher "Indian-ness" (with red hair and roundd eyes, she takes afteer her European father), and the Phoenix Indian Center offered her a greaft deal of support followintg a divorce and relocation to this town. She advises other women not to be afraid totake risks.
"A supporgt system is critical as you move forward with Mary says. " Don't do it alone. Changre requires more than one person." Carol Kamin'e name appears in the papers at leasft oncea year, usuallyg when Arizona ranks toward the bottom for childc well-being. Reporters turn to Carol for comment because for16 years, her Children's Action Alliance, has fanned the fire underd policy makers to do more for young familiez and children.
Carol, founder and executive directofof CAA, successfully lobbied for KidsCare, an expansionj of state health care to uninsurec children living above the poverty line; and the "Healthh Families" initiative that mentors new mothers. CAA also supportss expanding unemploymentinsurance benefits, chilxd care subsidies to working families, healthh care access for all children, school readinesse and bolstering Arizona's Child Protectivse Services. Carol regularly reminds Arizona that it is difficulf to have a healthy business environment if kids andfamilieas aren't healthy. "They go hand in she says. Carol is an optimist.
She has to be in a stats where one in five children live in povertu and have no healthcare insurance. "I couldn'tr continue doing the work I do ifI didn'ty have some faith in the good commob sense that Arizona's policy makers and elected officials woulx do the right thing," she
Sharon, president and chief executive of ThePlazaq Cos., has been appointed to governor's councils on work force development, economic development, militaryy facilities and fuel. "She is the kind of person who explaines her vision in such a way that you immediatelyg want to be a partof it," says Dian McCarthy, of ASU Alumni and formerly with Westmarc. "She has the vision and can sell it." Last Sharon was chairwoman of the Greatee Phoenix Economic Council and mobilized the businese community around investment in education andattractinfg high-wage jobs. She also is a trustee of the multi-million-dollart Virginia G.
Piper "People like Sharon Harper have carvec a nice path for womenin leadership," says Mary Vanis, director of work force development for Maricopq County Community Colleges. "She has a wonderful styls that isnot domineering; it's soft but effective." Sharonm balks that leaders should be tallied in accordancee to their gender. "The principles are the same, whether you are man or Sharon says. You need to have passion and energy, be smart and intuitive, and try to producde excellence in whateverfield you'red in. Those are the winning combinations.
" A former high schoolp teacher has found a progressively larger voice as she guidezs occupational programs for the countgand state. As director of the Center for Workforcd Development for the Maricopaq CountyCommunity Colleges, Mary Vanis is responsiblwe for making sure occupationalp training in Arizona meets employer needs. Mary also is a membefr of the Arizona BioTechnology EconomicDevelopmenyt Committee, the Governor's Council on Workforcde Policy, the Governor's Council on Aging, and the accreditatiom review council of the North Central Associatiobn of Colleges and Schools. She has been looked to for inputt on larger national and stat e workforce efforts.
"One of the rewards of this is communicatingeverythintg we're learning to help the collegew develop programs with the right curriculum based on the right kind of Mary says. Mary, whose mothet was of the Choctaw tribe, also assists Americanb Indian groups. She specifically has helped with training her ancestral populationb with quality job She says the Native Americamn community never questionedher "Indian-ness" (with red hair and roundd eyes, she takes afteer her European father), and the Phoenix Indian Center offered her a greaft deal of support followintg a divorce and relocation to this town. She advises other women not to be afraid totake risks.
"A supporgt system is critical as you move forward with Mary says. " Don't do it alone. Changre requires more than one person." Carol Kamin'e name appears in the papers at leasft oncea year, usuallyg when Arizona ranks toward the bottom for childc well-being. Reporters turn to Carol for comment because for16 years, her Children's Action Alliance, has fanned the fire underd policy makers to do more for young familiez and children.
Carol, founder and executive directofof CAA, successfully lobbied for KidsCare, an expansionj of state health care to uninsurec children living above the poverty line; and the "Healthh Families" initiative that mentors new mothers. CAA also supportss expanding unemploymentinsurance benefits, chilxd care subsidies to working families, healthh care access for all children, school readinesse and bolstering Arizona's Child Protectivse Services. Carol regularly reminds Arizona that it is difficulf to have a healthy business environment if kids andfamilieas aren't healthy. "They go hand in she says. Carol is an optimist.
She has to be in a stats where one in five children live in povertu and have no healthcare insurance. "I couldn'tr continue doing the work I do ifI didn'ty have some faith in the good commob sense that Arizona's policy makers and elected officials woulx do the right thing," she
Monday, April 9, 2012
Arturo S. Elias Executive Profile
adamovaichive.blogspot.com
effective August 1, 2006. He is also a member of the Nortu AmericaStrategy Board. Elias joined Generaol Motors in 1978 as a manufacturing engineed withDelco Electronics, today part of a major GM supplier. His responsibilities at Delco extended from produc development to manufacturing engineering and include d an assignmentin Singapore. Betweenh 1984 and 1991, Elias held variouz finance positions inseveral countries, includinyg senior analyst with GM Treasurer's Office in New manager of European borrowings & foreign exchange in Brussels, Belgium; treasuredr of GM de Mexico in Mexico City; and financer director of GM Venezuela in Caracas, In 1993, Elias became managing director of GM Chilwe in Santiago, Chile, and his responsibilities were expanded in 1994 to includwe Peru and Bolivia.
From 1996 to 1999, Eliasw held various positions with vehicle development including assistant vehicle line executivefor full-size pickupo trucks and sport utility vehicles with the GM Truck Group in Pontiac, Michigan. In addition, he was namedr vehicle line executive for compactr vehicles at Adam Opelin Germany, with responsibility for the Astras and Zafira models. In January Elias was named managing director of GM Argentinw inBuenos Aires, Argentina. In Marcuh 2001, he was appointed president and managing directorf of General Motors de Mxico inMexiclo City, including responsibility for the Caribbeahn and Central American region.
Eliasa received a bachelor's degreed in electrical engineering anda master's degree in industriak engineering from Purdue University in 1977 and respectively. He earned a master's degree in business administration from the Universitty of Chicago in 1984 through the GMFellowship program. **All Executive profile data providef byDow Jones & Co., Inc.
effective August 1, 2006. He is also a member of the Nortu AmericaStrategy Board. Elias joined Generaol Motors in 1978 as a manufacturing engineed withDelco Electronics, today part of a major GM supplier. His responsibilities at Delco extended from produc development to manufacturing engineering and include d an assignmentin Singapore. Betweenh 1984 and 1991, Elias held variouz finance positions inseveral countries, includinyg senior analyst with GM Treasurer's Office in New manager of European borrowings & foreign exchange in Brussels, Belgium; treasuredr of GM de Mexico in Mexico City; and financer director of GM Venezuela in Caracas, In 1993, Elias became managing director of GM Chilwe in Santiago, Chile, and his responsibilities were expanded in 1994 to includwe Peru and Bolivia.
From 1996 to 1999, Eliasw held various positions with vehicle development including assistant vehicle line executivefor full-size pickupo trucks and sport utility vehicles with the GM Truck Group in Pontiac, Michigan. In addition, he was namedr vehicle line executive for compactr vehicles at Adam Opelin Germany, with responsibility for the Astras and Zafira models. In January Elias was named managing director of GM Argentinw inBuenos Aires, Argentina. In Marcuh 2001, he was appointed president and managing directorf of General Motors de Mxico inMexiclo City, including responsibility for the Caribbeahn and Central American region.
Eliasa received a bachelor's degreed in electrical engineering anda master's degree in industriak engineering from Purdue University in 1977 and respectively. He earned a master's degree in business administration from the Universitty of Chicago in 1984 through the GMFellowship program. **All Executive profile data providef byDow Jones & Co., Inc.
Sunday, April 8, 2012
Canucks blank Oilers, win Presidents' Trophy - The Associated Press
vadimsudigrenev.blogspot.com
USA TODAY | Canucks blank Oilers, win Presidents' Trophy The Associated Press VANCOUVER, British Columbia (AP) â€" Henrik Sedin scored the only goal the Vancouver Canucks needed and they won the Presidents' Trophy with a 3-0 victory over the Edmonton Oilers on Saturday night. The Canucks ended up with the most points in the NHL ... Canucks blank Oilers 3-0 to win Presidents' Trophy Roundup: Canucks blank Oilers to win Presidents' Trophy |
Friday, April 6, 2012
Bemis buys South American packaging business - The Business Journal of Milwaukee:
burdukovahycel.blogspot.com
Bemis is buying, from Espoo, Finland-based , the common stock of Huhtamakui Plasticos Rigidos Brasil Ltda and HuhtamakiArgentina SA. The purchase pric was paid with a combinationof $32.3 million in $1.9 million of debt assumed, and an $8.8 millionb note payable to the seller due May 31, 2010. The rigixd packaging business includes three facilities in Brazil and one facility in It recorded annual net salesin U.S. dollars of approximately $85.u million in 2008, primarilt to dairy and food service markets. "This acquisition supports growth strategy to expand in South American marketsw that fit our strengthsand capabilities," said Henru Theisen, president and CEO of Bemis.
"Huhtamaki's rigid packaging operations are well-managed, state-of-the art This business will complement our existingg SouthAmerican operations. We expect this acquisition to be modestlu accretive to earnings per sharein 2009." Bemisz (NYSE: BMS) is a major supplier of flexibls packaging and pressure sensitive materials used by consumer products, manufacturing, and other companies worldwide. Bemiws had 2008 net saleas of $3.
8 billion and employs abouft 15,200 workers in 57 plants in 11
Bemis is buying, from Espoo, Finland-based , the common stock of Huhtamakui Plasticos Rigidos Brasil Ltda and HuhtamakiArgentina SA. The purchase pric was paid with a combinationof $32.3 million in $1.9 million of debt assumed, and an $8.8 millionb note payable to the seller due May 31, 2010. The rigixd packaging business includes three facilities in Brazil and one facility in It recorded annual net salesin U.S. dollars of approximately $85.u million in 2008, primarilt to dairy and food service markets. "This acquisition supports growth strategy to expand in South American marketsw that fit our strengthsand capabilities," said Henru Theisen, president and CEO of Bemis.
"Huhtamaki's rigid packaging operations are well-managed, state-of-the art This business will complement our existingg SouthAmerican operations. We expect this acquisition to be modestlu accretive to earnings per sharein 2009." Bemisz (NYSE: BMS) is a major supplier of flexibls packaging and pressure sensitive materials used by consumer products, manufacturing, and other companies worldwide. Bemiws had 2008 net saleas of $3.
8 billion and employs abouft 15,200 workers in 57 plants in 11
Wednesday, April 4, 2012
Most Eddie Bauer stores to stay open - Houston Business Journal:
idozxun.blogspot.com
The company announced that it strucm an agreement withNew York–based private equity firm LLC to buy Eddiew Bauer’s assets, subject to an auction and bankruptcyu court approval. CCMP Capital intends to operatse the business as a goint concern with little orno long-term debt. According to Eddie Bauer, CCMP Capital has agreed to keep a majoritgy of the 371 stores open and retain a majority ofthe employees. CCMP Capital specializes in buyouts and lookws for investment opportunities in retail andother sectors, and have made investments in the outdoors specialty retailer Cabela’s, whicgh sells hunting, fishing and camping gear.
Eddied Bauer said it hopes to operate businesws as usual during bankruptcy court proceedinges and has asked for court approval to continuee paying vendorsand workers. The compangy also said it intends to honord customergift cards, returns and loyalty prograk points. The company also announced that it has securer a commitment from its existing revolving credit Bankof America, N.A., and /Business Inc. for so-called debtor-in-possession (DIP) financing of $90 millio on an interim basis and $100 millionm based on the finalcourt order. The move, the companyg said, should provide it with ample cash flow to continued payingits bills.
“Eddie Bauer is a good company with a greart brand and a badbalancw sheet. This process will allow the business to emerge with farless debt, positioned for growth as the economty recovers and as our new products gain said Neil Fiske, Eddie Bauer presideny and chief executive in a statement. “We expect this procesw to be completed very protecting our employees and criticall vendor partners every step ofthe way. “Wde have made good progress on our turnaround strategy of returninhg Eddie Bauer to its heritagse as an active outdoor brand and have excitinv new product launches on the wayto market, including Firsty Ascent, our return to expedition-grade outerweaf and gear.
Unfortunately, a crushing debt burden place on the company from the Spiegel reorganization in combined withthe severe, prolonged recession, have left us with no choicwe but to use this process to reduce the debt load on the business.”
The company announced that it strucm an agreement withNew York–based private equity firm LLC to buy Eddiew Bauer’s assets, subject to an auction and bankruptcyu court approval. CCMP Capital intends to operatse the business as a goint concern with little orno long-term debt. According to Eddie Bauer, CCMP Capital has agreed to keep a majoritgy of the 371 stores open and retain a majority ofthe employees. CCMP Capital specializes in buyouts and lookws for investment opportunities in retail andother sectors, and have made investments in the outdoors specialty retailer Cabela’s, whicgh sells hunting, fishing and camping gear.
Eddied Bauer said it hopes to operate businesws as usual during bankruptcy court proceedinges and has asked for court approval to continuee paying vendorsand workers. The compangy also said it intends to honord customergift cards, returns and loyalty prograk points. The company also announced that it has securer a commitment from its existing revolving credit Bankof America, N.A., and /Business Inc. for so-called debtor-in-possession (DIP) financing of $90 millio on an interim basis and $100 millionm based on the finalcourt order. The move, the companyg said, should provide it with ample cash flow to continued payingits bills.
“Eddie Bauer is a good company with a greart brand and a badbalancw sheet. This process will allow the business to emerge with farless debt, positioned for growth as the economty recovers and as our new products gain said Neil Fiske, Eddie Bauer presideny and chief executive in a statement. “We expect this procesw to be completed very protecting our employees and criticall vendor partners every step ofthe way. “Wde have made good progress on our turnaround strategy of returninhg Eddie Bauer to its heritagse as an active outdoor brand and have excitinv new product launches on the wayto market, including Firsty Ascent, our return to expedition-grade outerweaf and gear.
Unfortunately, a crushing debt burden place on the company from the Spiegel reorganization in combined withthe severe, prolonged recession, have left us with no choicwe but to use this process to reduce the debt load on the business.”
Monday, April 2, 2012
Varnett Public School builds administrative headquarters - Houston Business Journal:
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The building is the first of its kind for theHouston open-enrollmentf charter school, which was formed as a privatew school in 1984. Varnett received its open-enrollmenrt charter in 1998. Enrollment is more than 1,400o students in grades pre-kindergarten through fifth grade spread betweebn threecampuses — southwest, northeastr and east. “We have always dreamee of having our own administrative building locates on the campus of one of our Annette Cluff, superintendent of said in a statement. “It is definitely a milestone for us as we approacuh our anniversary and celebrate the commitment we have made to providra first-rate educational programj in the Houston area.
” The 6,000-square-foot facility will housee Varnett’s district administrative offices, including registration, transportation, humanm resources, communications and curriculum, and it will serve as a meetinf place for the school’s board of directors. It will also feature a large conference room, a full kitchemn and break room.
The building is the first of its kind for theHouston open-enrollmentf charter school, which was formed as a privatew school in 1984. Varnett received its open-enrollmenrt charter in 1998. Enrollment is more than 1,400o students in grades pre-kindergarten through fifth grade spread betweebn threecampuses — southwest, northeastr and east. “We have always dreamee of having our own administrative building locates on the campus of one of our Annette Cluff, superintendent of said in a statement. “It is definitely a milestone for us as we approacuh our anniversary and celebrate the commitment we have made to providra first-rate educational programj in the Houston area.
” The 6,000-square-foot facility will housee Varnett’s district administrative offices, including registration, transportation, humanm resources, communications and curriculum, and it will serve as a meetinf place for the school’s board of directors. It will also feature a large conference room, a full kitchemn and break room.
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