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Ohio government officials said word began swirliny May 28 thatNCR NCR) is , according to the Dayton Businesws Journal , a sister publication of Atlantaw Business Chronicle . Last NCR said it would move its Worldwide Customer Services headquarters tometro Atlanta, investing $15 millionm and creating more than 900 jobs in Peachtrew City and Duluth. While it remains to be seen if Atlanta gets anothe r Fortune500 headquarters, NCR is rumored to be openingb an additional facility in the Peach State, Atlanta Business Chroniclr has learned. An announcement about that venture is expecterd as early asnext week, sources in Atlanta and Daytobn said.
NCR is believed to have looked at siteain Savannah, and Ga., according to a source. The global technology company could be eyein gabout 100,000 square feet of officw space. Based on the square footag e estimates, real estate sources said, the operatiojn could house 300 to 400 Company officials and Georgia economic development officialsremained tight-lipped on any potential development. NCR globalk spokesman Richard Maton told the Daytonj Business Journal the company does not respond to rumorswand speculation. In the NCR has been quick to deny rumors of its relocatiom and affirm its commitment to remaininvin Dayton.
A Georgia Departmenft of Economic Development spokeswoma did not return calls Fridayand Saturday. A spokeswoman said she had no information on the matteer and a executivedeclined comment. In October, NCR said it will co-locatse an NCR Learning Center and its Customer Care Centef hub for the Americas region withthe company’w existing Global Service Materiala operation in Peachtree City. NCR, founded in Dayton, is the city'w largest company, with 20,000 global employees and $5.3 billion in annua l revenue. The company relocated its executive officezs to New York City two years ago and leaseed a floor at 7 World TradeCenter building.
This past the company told employees it is undergoinbg a structural reorganization and would cut an unknown amoungt of itsglobal workforce. That same the company removed thelanguage "world headquarters" from the sign at its Daytom campus. Rumors have long circulated that NCR would however Ohio government and economic development officialas said speculation reached a new level in the past few The Ohio Department of Developmen has repeatedly sought information fromthe company, but as of Fridayt evening NCR remained mute, a state official told the Daytonn Business Journal . Ohio Gov.
Ted Strickland and NCR CEO Bill attempted to talk on however they were unable to coordinatea time.
Wednesday, February 29, 2012
Monday, February 27, 2012
Floridians
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Overall, Florida’s consumer confidenced fell one point, to 71. The index componenr measuring perceptions of personal finances now comparecd with a year ago fellfour points, to 40, one poinf above its all-time low of 39 in December. Floridians are feeling better aboutthe future, with expectationd of personal finances a year from now up five points to 90, the highest level sincwe October 2007. "Floridians are sayinyg they don't have the moneyt now to buy, but they expect to withibn a year," said Chris McCarty, directotr of UF's Survey Research Center at the Bureau of Economic andBusiness Research, in a news release. Of the remaining indecx components, perceptions of the U.S.
economy over the next year rose four to 73, while perceptions of U.S. economix conditions over the next five years fell four to 78. Perceptions of whether it is a good time tobuy big-ticketg consumer items fell six points, to 72. “Perhapas consumers also are wondering what happens whenthe government'x infusion of stimulus money runs out, McCarty "While they expect the U.S. economy to improver over the next year, they are beginninf to questionits long-term viability.” McCarty said he expectd a continued decline of confidence in the short The preliminary index for May was conducted from 408 responses.
The indexx is benchmarked to 1966, so a value of 100 represents the same levepl of confidence forthat year.
Overall, Florida’s consumer confidenced fell one point, to 71. The index componenr measuring perceptions of personal finances now comparecd with a year ago fellfour points, to 40, one poinf above its all-time low of 39 in December. Floridians are feeling better aboutthe future, with expectationd of personal finances a year from now up five points to 90, the highest level sincwe October 2007. "Floridians are sayinyg they don't have the moneyt now to buy, but they expect to withibn a year," said Chris McCarty, directotr of UF's Survey Research Center at the Bureau of Economic andBusiness Research, in a news release. Of the remaining indecx components, perceptions of the U.S.
economy over the next year rose four to 73, while perceptions of U.S. economix conditions over the next five years fell four to 78. Perceptions of whether it is a good time tobuy big-ticketg consumer items fell six points, to 72. “Perhapas consumers also are wondering what happens whenthe government'x infusion of stimulus money runs out, McCarty "While they expect the U.S. economy to improver over the next year, they are beginninf to questionits long-term viability.” McCarty said he expectd a continued decline of confidence in the short The preliminary index for May was conducted from 408 responses.
The indexx is benchmarked to 1966, so a value of 100 represents the same levepl of confidence forthat year.
Saturday, February 25, 2012
Mikhail Baryshnikov Is Now a Photographer, Tate Trashes Photo Archive, and ... - ARTINFO
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Mikhail Baryshnikov Is Now a Photographer, Tate Trashes Photo Archive, and ... ARTINFO by ARTINFO รข€" Baryshnikov Goes Behind the Camera: Modern ballet legend Mikhail Baryshnikov is set to debut an exhibition of photographs today at the Gary Nader Art Centre in Miami, titled "Dance This Way." The pop reference is intentional: The show ... |
Thursday, February 23, 2012
Anchor BanCorp amends credit pact - Atlanta Business Chronicle:
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Under the terms of the amendment, the maturity date on Anchor’s balance of the $116.3 million loan has been extendecd for afull year, and is now May 31, and no principal payment is due priodr to the maturity date, Madison-bases Anchor (NASDAQ: ABCW) said Friday. “The significant additional time affordec by the amended terms of the loan agreement provides us an opportunity to work our financial strategy to achieve fulfillmen of the conditions of our line of saidDoug Timmerman, chairman and CEO. Timmermahn said Anchor executives believe the amendmentwith U.S.
Bank will assistt Anchor with plans to raise additional Anchor BanCorp in March had reached an agreement to extenxd the due date for the credigtwith U.S. Bank untip near the end of May. The extensionm relieved Anchor BanCorp from reducingits $116.3 milliob debt on the line of credit to $60 milliobn to meet an automatic principal reduction of the loan If Anchor had not paid the U.S. Bank, could have seized Anchord BanCorp in aforeclosure proceeding. AnchorBank fsb has 74 full-servicew offices and two loan origination-onlyu offices, all in Wisconsin.
Under the terms of the amendment, the maturity date on Anchor’s balance of the $116.3 million loan has been extendecd for afull year, and is now May 31, and no principal payment is due priodr to the maturity date, Madison-bases Anchor (NASDAQ: ABCW) said Friday. “The significant additional time affordec by the amended terms of the loan agreement provides us an opportunity to work our financial strategy to achieve fulfillmen of the conditions of our line of saidDoug Timmerman, chairman and CEO. Timmermahn said Anchor executives believe the amendmentwith U.S.
Bank will assistt Anchor with plans to raise additional Anchor BanCorp in March had reached an agreement to extenxd the due date for the credigtwith U.S. Bank untip near the end of May. The extensionm relieved Anchor BanCorp from reducingits $116.3 milliob debt on the line of credit to $60 milliobn to meet an automatic principal reduction of the loan If Anchor had not paid the U.S. Bank, could have seized Anchord BanCorp in aforeclosure proceeding. AnchorBank fsb has 74 full-servicew offices and two loan origination-onlyu offices, all in Wisconsin.
Monday, February 20, 2012
RTD to get $18.6M from stimulus for Union Station project - Business Courier of Cincinnati:
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million in federal stimulus funds for work at DenverUniohn Station, the announced Wednesday. The grant will help pay for designb and construction at the historic train which is to be converted into a terminal for severalp differenttransportation modes. RTD is carryinv out the transit portion of the overallo UnionStation redevelopment. The station will be a hub for the regionatransit agency’s planned “FasTracks” rail transit It will also be used by many RTD The $18.6 million comes from a pool of $8.4 billioj for transit capital improvements authorizerd under the American Recoverhy and Reinvestment Act of 2009, signerd into law in Denvetr by President Barack Obama on Feb.
17. “By reinvestin in our nation’s transirt infrastructure, we are making our communitieamore livable, invigorating the local economy, and puttiny America back to work,” U.S. Transportation Secretary Ray LaHoox said Wednesday in a The total cost of redevelopingh union station for transit is expectefd to costabout $478 million. RTD plans to pay aboutt $208 million, with the balance coming from federapl money and otherlocal sources, Roger chief operating officer at Denvere lobbying firm CRL Associates Inc. and spokesman for the Denver Union StationProject Authority, said in May. RTD separately is seekinv stimulus funds for a variety ofothedr projects, including $17.
1 million to purchase new fareboxes for the transitr system’s bus fleet.
million in federal stimulus funds for work at DenverUniohn Station, the announced Wednesday. The grant will help pay for designb and construction at the historic train which is to be converted into a terminal for severalp differenttransportation modes. RTD is carryinv out the transit portion of the overallo UnionStation redevelopment. The station will be a hub for the regionatransit agency’s planned “FasTracks” rail transit It will also be used by many RTD The $18.6 million comes from a pool of $8.4 billioj for transit capital improvements authorizerd under the American Recoverhy and Reinvestment Act of 2009, signerd into law in Denvetr by President Barack Obama on Feb.
17. “By reinvestin in our nation’s transirt infrastructure, we are making our communitieamore livable, invigorating the local economy, and puttiny America back to work,” U.S. Transportation Secretary Ray LaHoox said Wednesday in a The total cost of redevelopingh union station for transit is expectefd to costabout $478 million. RTD plans to pay aboutt $208 million, with the balance coming from federapl money and otherlocal sources, Roger chief operating officer at Denvere lobbying firm CRL Associates Inc. and spokesman for the Denver Union StationProject Authority, said in May. RTD separately is seekinv stimulus funds for a variety ofothedr projects, including $17.
1 million to purchase new fareboxes for the transitr system’s bus fleet.
Saturday, February 18, 2012
Declining car sales reduce inventories at auto auctions - Wichita Business Journal:
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Auto auctions are seeing the same declining revenues as the dealerswthey provide. But it’s not because of a lack of auctioneers say, as much as a lack of Brad Phillips, owner of at 4716 S. Santqa Fe St., says he has seen a 20 percent drop in the numbe r of cars available at his weekly And with many auto dealers surviving the econom y ontheir used-car sales, Phillipas says the inventory he once enjoyed won’t returj until consumer confidence does. Phillips, who holds dealer-only auctionws every Wednesday morning, says sluggish new-ca sales have caused many dealers to place more emphasis ontheir used-car sales — “aa double-edged sword” for his business.
Dawson Grimsley, presiden of , says his new car businessz is off by 30 but used sales are only down 15 He is looking to keep used cars in The difficult part is finding the vehiclesx hiscustomers want. “Nice used cars are harder than heck to he says. Dealers often look to auctions to move their excesds used inventory and to grab a few choice selectionzs for their own lotsas well. But with dealers either running through their usedcars faster, or just holdinv on to them longer, the number of used cars available at auction have declined. Phillips sees plent y of buyers at his hejust doesn’t have the cars to sell them. Last year he says the weekly grossaveraged $1.3 million.
This year, it’ s $700,000. Keith McMahan, used-car manager for in is struggling to keep hisinventorg up. “I go (to auctions) about everywhere, and the cars are just gettinggmore scarce,” he McMahan, who travels to auto auctions throughout the estimates some auctions are down as much as 40 For him, it means havintg to travel to more auctions to replenisj his used car inventory. “New car sales are goingg to have to turn around before this thinh will ever get backto normal,” he “And the ones it’s going to hurt the worst are the smaller, independeny dealers.” Craig Harms, general manager of at 400 S. West St.
, specializez in late-model luxury cars, ranging in price from $18,000 to $35,000. His inventoryt has been cut from 18 cars in Septembe to the seven that now sit onhis lot. And the cars he finde are in such high demand they arebringinyg near-retail prices. “We’re just not able to buy cars and make themarginz we’d want,” he says. With new-car dealers rollinh out more rebatesand incentives, Harms says savvy customers are ofte able to find dealsw he can’t afford to offer. Wilmza Grice, owner of at 3820 S. runs the only auto auction in the statse open tothe public. She says she’s moving 70 to 75 vehiclesz at her weekly down 5 to 10 percent fromlast fall.
She believea those numbers won’t increase until new-car salesz pick up. Phillips says that’s just not happenin g yet. “This should be the best time of the year for the car just coming out of tax he says. “People are tightening their beltsx andsaying ‘we’re just going to have to get alongh with what we’ve got.’ ”
Auto auctions are seeing the same declining revenues as the dealerswthey provide. But it’s not because of a lack of auctioneers say, as much as a lack of Brad Phillips, owner of at 4716 S. Santqa Fe St., says he has seen a 20 percent drop in the numbe r of cars available at his weekly And with many auto dealers surviving the econom y ontheir used-car sales, Phillipas says the inventory he once enjoyed won’t returj until consumer confidence does. Phillips, who holds dealer-only auctionws every Wednesday morning, says sluggish new-ca sales have caused many dealers to place more emphasis ontheir used-car sales — “aa double-edged sword” for his business.
Dawson Grimsley, presiden of , says his new car businessz is off by 30 but used sales are only down 15 He is looking to keep used cars in The difficult part is finding the vehiclesx hiscustomers want. “Nice used cars are harder than heck to he says. Dealers often look to auctions to move their excesds used inventory and to grab a few choice selectionzs for their own lotsas well. But with dealers either running through their usedcars faster, or just holdinv on to them longer, the number of used cars available at auction have declined. Phillips sees plent y of buyers at his hejust doesn’t have the cars to sell them. Last year he says the weekly grossaveraged $1.3 million.
This year, it’ s $700,000. Keith McMahan, used-car manager for in is struggling to keep hisinventorg up. “I go (to auctions) about everywhere, and the cars are just gettinggmore scarce,” he McMahan, who travels to auto auctions throughout the estimates some auctions are down as much as 40 For him, it means havintg to travel to more auctions to replenisj his used car inventory. “New car sales are goingg to have to turn around before this thinh will ever get backto normal,” he “And the ones it’s going to hurt the worst are the smaller, independeny dealers.” Craig Harms, general manager of at 400 S. West St.
, specializez in late-model luxury cars, ranging in price from $18,000 to $35,000. His inventoryt has been cut from 18 cars in Septembe to the seven that now sit onhis lot. And the cars he finde are in such high demand they arebringinyg near-retail prices. “We’re just not able to buy cars and make themarginz we’d want,” he says. With new-car dealers rollinh out more rebatesand incentives, Harms says savvy customers are ofte able to find dealsw he can’t afford to offer. Wilmza Grice, owner of at 3820 S. runs the only auto auction in the statse open tothe public. She says she’s moving 70 to 75 vehiclesz at her weekly down 5 to 10 percent fromlast fall.
She believea those numbers won’t increase until new-car salesz pick up. Phillips says that’s just not happenin g yet. “This should be the best time of the year for the car just coming out of tax he says. “People are tightening their beltsx andsaying ‘we’re just going to have to get alongh with what we’ve got.’ ”
Thursday, February 16, 2012
Bona tops fundraising goal - Business First of Buffalo:
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million as part of its largesgt fundraising campaignin history, university officials said The 150th Anniversary Campaign, which marked the university’a 150th year in existence, set out in 2000 to raisse $90 million. The campaign ended last more than $5 million ahead of the In a statement, campaign chairpersonj Leslie Quick said the fundsd provide stability tothe four-year private school. “Our success in this campaighn confirmsthat St. Bonaventure will celebrate many anniversariesto come, as we have takeh the steps necessary to assure stability and inspire growth now and in the future,” Quickk said.
Funds were used to createe 27 new annual scholarships and 80 newlgendowed scholarships, the university In addition, new building projects and facilities such as the William F. Walsh Science Center and the renovatiojn ofDeLaRoche Hall, were supported by the St. Bonaventure’s unrestricted annual fund also got a boostof $18.2 million during the campaign. The university said it received donation sfrom 20,553 donors, includint nearly 12,000 alums. It received 20 multi-million dollar donations, whilwe past and current Board of Trusteesz members donatednearly $30 million.
million as part of its largesgt fundraising campaignin history, university officials said The 150th Anniversary Campaign, which marked the university’a 150th year in existence, set out in 2000 to raisse $90 million. The campaign ended last more than $5 million ahead of the In a statement, campaign chairpersonj Leslie Quick said the fundsd provide stability tothe four-year private school. “Our success in this campaighn confirmsthat St. Bonaventure will celebrate many anniversariesto come, as we have takeh the steps necessary to assure stability and inspire growth now and in the future,” Quickk said.
Funds were used to createe 27 new annual scholarships and 80 newlgendowed scholarships, the university In addition, new building projects and facilities such as the William F. Walsh Science Center and the renovatiojn ofDeLaRoche Hall, were supported by the St. Bonaventure’s unrestricted annual fund also got a boostof $18.2 million during the campaign. The university said it received donation sfrom 20,553 donors, includint nearly 12,000 alums. It received 20 multi-million dollar donations, whilwe past and current Board of Trusteesz members donatednearly $30 million.
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