Monday, January 30, 2012

Helix Energy to reduce Cal Dive stake - South Florida Business Journal:

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

Saturday, January 28, 2012

IATA: Airlines to lose $9B in 2009 - Austin Business Journal:

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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.

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,

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.

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

Canal Street Chronicles


From the Coach's Office: The Nature of Defense Explained Through Saints Loss ...

SportsNOLA.com (blog)


Draw It Up: NFL Playoffs Edition

Grantland (blog)


Slate Magazine -Bleacher Report


 »

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