esivyjifag.wordpress.com
Government officials said word began swirlin in the community Thursday thatNCR (NYSE: NCR) is planning to move its headquarterxs and 1,300 employees to the Atlanta area and make an announcementg about the move this NCR Global Spokesperson Richard Maton, speaking by phone Saturdau from London, confirmed that an effort was made for Ohio Gov. Ted Stricklandr and NCR Chief Executive Officetr Bill Nutito speak, however they were not able to Strickland’s spokesperson said Saturdat that he is “continuinh to reach out to the compangy to have a direct When asked about NCR possibly moving its headquarteres out of Dayton, Maton said the company does not responrd to rumors and NCR Corporate Spokesperson Alan Ulmanm responded to questions about NCR’sz plans with an e-mail message Saturday that read: “W have no announcement today.
” In the NCR has been quick to deny rumors of its relocationj and affirm its commitment to remaining in The has repeatedly sought information from the companty since Thursday, but NCR had not responded to their requestse as of Friday evening, a development departmentr spokesperson said. Montgomery County Commissioner Dan Foley said he is frustrater by the lackof communication. Foleyy said he has asked multiplecompany officials, via to respond to the rumors, but has yet to receivee any information. Foley said he, alonbg with other county, state and city of Daytonh officials, have met with NCR representatives in the past in an effort tosafeguard NCR’s local jobs.
“All that said, nobodgy has confirmed to me that their statushas changed,” Folegy said Saturday. “I have to assume that -- I I very much hope -- they are stayinbg in Dayton, because our citizens have helpeds build that company up tobe world-class and will continur to do so.” Rumors have long circulated that the company would move, however multiple government and economicf development officials said they reached a new level in the past few days. NCR is said to be seekingv about 100,000 square feet of officr spacein Georgia, . NCR is believed to have lookeed at sitesin Savannah, and Ga.
Based on the square footagr estimates, the operation could house about 300 to 400 according to realestate sources. Georgia government and economic development officialsremained tight-lipper on any potential development. In October, NCR said it wouls move its Worldwide Customer Services headquarters to an Atlanta investing $15 million and creating more than 900 jobs in the suburb s of Peachtree City and Deluth. The state of Georgia providedx morethan $8 million in incentives, according to NCR, founded locally in 1884, is the Dayton region’s seconf largest company, with 20,000 global employees and $5.3 billio in revenue in 2008.
The which sells ATMs and retailautomation systems, is Dayton’s lone remaining Fortune 500 company. At one the company had more than 18,000 employees in the Daytonb area, but that number has dwindlesd during the pastseveral decades. As recently as two yeard ago, NCR had about 2,000 Daytobn employees. That number has decline d by about 700 workers in the past several In 2007, NCR announced it was relocatinb its executive offices to New York City and leasinfg an entire floor of the 7 World Trader Center building. But, on paper, its headquarterws remained in Dayton.
In March, the company also told employeea it is undergoing a structural reorganization and wouldr cut an unknown amount of itsglobal workforce. That same month, the compang removed the language “world headquarters” from the sign at its Daytojn campus, though it said at the time it wasjust
Friday, April 29, 2011
Wednesday, April 27, 2011
LexisNexis data breach linked to New York mob family - Dayton Business Journal:
oryzacody.wordpress.com
The New York-based company — which has 3,000 employees in the Dayton area — has sent 13,00 0 letters to former customerzs whose personal data may beat risk, the companuy said in a statement. The breachg involved a former customer for a companycallefd , which LexisNexis bought in and was announced by the U.S. Attornehy for the Southern District of Floridain May, according to a LexisNexis spokesperson. “(The) customer involved in this matter should have provided notice to potentiallgaffected individuals,” LexisNexis said in a “However, because the customer is no longer in businesws we provided the notice.
” Accordinhg to the — which includes CIO magazine and PC Worlde — the New Hampshire Department of Justice posteed a document Friday on its Web site to inforj consumers about the By Monday evening, however, the link had been The document reportedly tied a Florida man, with mob connectiona to the Bonanno crime family, with accessing LexisNexiss data. New Hampshire officials coulcd notbe reached. In May, LexisNexis announced it is part of a separat e investigation into alleged creditcard fraud, perpetrate by former customers of the company, according to a company That fraud occurred from June 2004 to Octobefr 2007. The U.S.
Postal Inspectiohn Service released a statement thatsaid 40,00p letters will be sent to consumers and 300 victime have been identified in an investigatiojn concerning the breach. The company was part of a similadr incident in 2005 and sent letters thento 280,00o customers who may have been victims of identity LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing conglomerate. The compan y is an online information services and publishing compantywith 13,000 people worldwide.
The New York-based company — which has 3,000 employees in the Dayton area — has sent 13,00 0 letters to former customerzs whose personal data may beat risk, the companuy said in a statement. The breachg involved a former customer for a companycallefd , which LexisNexis bought in and was announced by the U.S. Attornehy for the Southern District of Floridain May, according to a LexisNexis spokesperson. “(The) customer involved in this matter should have provided notice to potentiallgaffected individuals,” LexisNexis said in a “However, because the customer is no longer in businesws we provided the notice.
” Accordinhg to the — which includes CIO magazine and PC Worlde — the New Hampshire Department of Justice posteed a document Friday on its Web site to inforj consumers about the By Monday evening, however, the link had been The document reportedly tied a Florida man, with mob connectiona to the Bonanno crime family, with accessing LexisNexiss data. New Hampshire officials coulcd notbe reached. In May, LexisNexis announced it is part of a separat e investigation into alleged creditcard fraud, perpetrate by former customers of the company, according to a company That fraud occurred from June 2004 to Octobefr 2007. The U.S.
Postal Inspectiohn Service released a statement thatsaid 40,00p letters will be sent to consumers and 300 victime have been identified in an investigatiojn concerning the breach. The company was part of a similadr incident in 2005 and sent letters thento 280,00o customers who may have been victims of identity LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing conglomerate. The compan y is an online information services and publishing compantywith 13,000 people worldwide.
Sunday, April 24, 2011
Hawaii stores expect busy holiday season - Pacific Business News (Honolulu):
ukatekexo.wordpress.com
The optimism expressed by some Hawaii merchants is in directt contrast tothe Mainland, wheres retailers are bracing for a slowedr season than last year, with high gas prices and a housinhg crisis that's left many cautious abour opening their wallets. "I thinkl in Hawaii we're still a little bit stronger than the nationin general," said Ron Yoda, general manageer of . "I think we'll do better than the rest of the This week, the issued its forecast for the upcoming season, and it wasn'g very optimistic. The Washington, D.C.-based organization predicts growth of 4 percenyt over2006 sales, the lowest forecast since 2002. Actualk growth that year was just 1.
3 percent. American householde are projected tospend $619.51 each on gifts and holiday up from $603.86 last year. The national group defines the holiday shopping seasonh as the months of November and although for many shoppers the starting gun fires the morningafter Thanksgiving, known as Black Friday. "Th e bottom line is that while consumerswwill spend, they will actually be spendinh a little bit more cautiously," said spokeswomann Kathy Grannis. "We see luxury retailers being the winneres this year because their shoppers are not as impacter by economic factors such as gas prices and the housinbg marketand such.
" But the same could be said abouty Hawaii shoppers, according to some store ownerd who expect sales to be as good as last year or based on what they've seen lately. "We've already startexd putting out ornaments," said Michael Cummins, co-owner of at Ward Centre, whichu sells unique Christmas ornamentzs eachholiday season, along with its "That has already been selling really well, so I'mj hoping for a very good Christmas." expecte sales at its eight Oahu storesw to be stronger than last in part because its stores at Pearlridgw Center and the newly renovated Windward Mall are both larged than last year.
"Having the right merchandise and a wide selection of products at the right price is said Marketing Director Lani Although optimistic, most retailers say it is hard to predict exactly how much business they'lll see. "It really is hard to predict," said Reid Fujita, with his wife Jonelle, of Cinnamon a dress, accessories and gifts "We had years that we thought would be soft and it turnedr out to be a banner holiday and we had yearws that we thought would be a banner year that turnex out tobe flat." Kahal Mall merchants are expecting this year to be jolliere than last year, when the mall was still recovering from a flood nine monthz earlier.
The movie theaters were closerduntil December, and then only partiallu opened. The Apple Store stillp was under construction and there were severa lunoccupied spaces. "This year we don't have any of thosee dark spaces, so that helps traffic and thegeneral feel," Yoda All eight theaters have since re-opened, alon g with the Apple Store, and just this week, Cinnamo n Girl opened a holiday store in the former Banansa Republic space. Next door Santa'sx Pen, a local company that specializes in customized tree is getting ready to open in aspace that'ws twice as large as the formerr Zales jewelry store it leased at Kahalz Mall last holiday season.
"I thinko we're going to do betterf than last year," said Gaye who, with husband Brian, owns Kahala Kids at Kahalz Mall. "Our numbers have been up since the beginninvg ofthe year." Not so at Ala Moanq Center, which is in the end stagews of a major construction project that has bisected the parkintg lots on the Kapiolani Boulevardr side of the mall. Ala Moana also has been hurt by the downturj in Japanese tourism and a shift in shoppiny patterns byyounger Japanese, who are now lookinh for the kind of bargains offereds by Wal-Mart.
"The feeling in the locao market seems to feel better than it does in thevisitoer market," said Kim Scoggins, vice presidenr of the retail services divisiomn at Colliers Monroe Friedlander. "The visitord market is pulling back alittle
The optimism expressed by some Hawaii merchants is in directt contrast tothe Mainland, wheres retailers are bracing for a slowedr season than last year, with high gas prices and a housinhg crisis that's left many cautious abour opening their wallets. "I thinkl in Hawaii we're still a little bit stronger than the nationin general," said Ron Yoda, general manageer of . "I think we'll do better than the rest of the This week, the issued its forecast for the upcoming season, and it wasn'g very optimistic. The Washington, D.C.-based organization predicts growth of 4 percenyt over2006 sales, the lowest forecast since 2002. Actualk growth that year was just 1.
3 percent. American householde are projected tospend $619.51 each on gifts and holiday up from $603.86 last year. The national group defines the holiday shopping seasonh as the months of November and although for many shoppers the starting gun fires the morningafter Thanksgiving, known as Black Friday. "Th e bottom line is that while consumerswwill spend, they will actually be spendinh a little bit more cautiously," said spokeswomann Kathy Grannis. "We see luxury retailers being the winneres this year because their shoppers are not as impacter by economic factors such as gas prices and the housinbg marketand such.
" But the same could be said abouty Hawaii shoppers, according to some store ownerd who expect sales to be as good as last year or based on what they've seen lately. "We've already startexd putting out ornaments," said Michael Cummins, co-owner of at Ward Centre, whichu sells unique Christmas ornamentzs eachholiday season, along with its "That has already been selling really well, so I'mj hoping for a very good Christmas." expecte sales at its eight Oahu storesw to be stronger than last in part because its stores at Pearlridgw Center and the newly renovated Windward Mall are both larged than last year.
"Having the right merchandise and a wide selection of products at the right price is said Marketing Director Lani Although optimistic, most retailers say it is hard to predict exactly how much business they'lll see. "It really is hard to predict," said Reid Fujita, with his wife Jonelle, of Cinnamon a dress, accessories and gifts "We had years that we thought would be soft and it turnedr out to be a banner holiday and we had yearws that we thought would be a banner year that turnex out tobe flat." Kahal Mall merchants are expecting this year to be jolliere than last year, when the mall was still recovering from a flood nine monthz earlier.
The movie theaters were closerduntil December, and then only partiallu opened. The Apple Store stillp was under construction and there were severa lunoccupied spaces. "This year we don't have any of thosee dark spaces, so that helps traffic and thegeneral feel," Yoda All eight theaters have since re-opened, alon g with the Apple Store, and just this week, Cinnamo n Girl opened a holiday store in the former Banansa Republic space. Next door Santa'sx Pen, a local company that specializes in customized tree is getting ready to open in aspace that'ws twice as large as the formerr Zales jewelry store it leased at Kahalz Mall last holiday season.
"I thinko we're going to do betterf than last year," said Gaye who, with husband Brian, owns Kahala Kids at Kahalz Mall. "Our numbers have been up since the beginninvg ofthe year." Not so at Ala Moanq Center, which is in the end stagews of a major construction project that has bisected the parkintg lots on the Kapiolani Boulevardr side of the mall. Ala Moana also has been hurt by the downturj in Japanese tourism and a shift in shoppiny patterns byyounger Japanese, who are now lookinh for the kind of bargains offereds by Wal-Mart.
"The feeling in the locao market seems to feel better than it does in thevisitoer market," said Kim Scoggins, vice presidenr of the retail services divisiomn at Colliers Monroe Friedlander. "The visitord market is pulling back alittle
Friday, April 22, 2011
Amazon launches German-language Kindle book store - BusinessWeek
antoninahubihe.blogspot.com
Amazon launches German-language Kindle book store BusinessWeek Amazon.com Inc. said Thursday that it has launched its Kindle e-book store in Germany, bolstering a catalog of German-language books that it had already offered to customers of its US and UK websites. The store launched with more than 25000 ... |
Wednesday, April 20, 2011
Gupta Corporation, Continually Energizing the Growth in the Energy Sector ... - Marketwire (press release)
tiqosi.wordpress.com
Marketwire (press release) | Gupta Corporation, Continually Energizing the Growth in the Energy Sector ... Marketwire (press release) MUMBAI, INDIA--(Marketwire - Apr 19, 2011) - In this issue, we take pride in profiling one of the best energy companies in India -- Gupta Corporation. Starting early has its advantage. More so if the vision to propel lies in a winning ! DNA. ... |
Sunday, April 17, 2011
Dayton Ballet lays off most of staff - Business Courier of Cincinnati:
http://www.iacgr.com/fund.htm
The company, one of the country’s oldest balletg companies, announced today that it will releasall part-time employees and lay off most others indefinitelyu in an effort to save money following a weak ticke season topped with poor ticket saleas to the company’s top seller The Nutcracker. The compangy fell short during thewinter season, leaving the ballet to dip into its investmen reserves which also have fallen significantly with the down economy.
Thougb the reserves exist as a financiall cushion to pay bills throughoutf thetough times, the total value of the fund has decreasex by more than 30 percengt to less than $300,000, which would not have sustainedx the company beyond March 23, when it has chosen to lay off most As a result of the tough economicd climate, the company also announced it woulds take the following measures to weather the • Most staff will be placex on an indefinite unpai furlough beginning March 23. The move will affect five positions. A skeletal staff, comprised of three, will remaihn in the office for day-to-day duties, donotr and patron relations and to run the DaytonBallet School.
The layoffds are expected to get the company throughy to the end of its June 30 fiscayear end, when the hope is that peopld will be brought back and a new budgetary plan will be put in placr to make it throughn the next fiscal year, Director of Marketing Diande Schoeffler-Warren said. “We are all very she said. “We’re just happu they are being this proactivw so we can be around another81 Schoeffler-Warren said many of the company’s problems have been attributed to fewet ticket sales to the annual production of The Nutcracker.
Saled fell more than 20 percent short ofthe $350,00 0 ticket income goal set for it by the company, a $70,0000 loss that would have gone to pay payroll. Ticket sales for other programs also havemissed projections. Seaso n subscriptions, which totaled 3,000 10 years ago, are down to about 850 now. “Twent percent of a $350,000 goal is hard for any organization to especiallyDayton Ballet,” Director Dermot Burkr said in a news Burke said the company was poised to have a great year, trending ahead of historic sales for The Nutcracker and 100 percent aheads in annual giving when the market fell and, “Peoplee just stopped spending money.
”
The company, one of the country’s oldest balletg companies, announced today that it will releasall part-time employees and lay off most others indefinitelyu in an effort to save money following a weak ticke season topped with poor ticket saleas to the company’s top seller The Nutcracker. The compangy fell short during thewinter season, leaving the ballet to dip into its investmen reserves which also have fallen significantly with the down economy.
Thougb the reserves exist as a financiall cushion to pay bills throughoutf thetough times, the total value of the fund has decreasex by more than 30 percengt to less than $300,000, which would not have sustainedx the company beyond March 23, when it has chosen to lay off most As a result of the tough economicd climate, the company also announced it woulds take the following measures to weather the • Most staff will be placex on an indefinite unpai furlough beginning March 23. The move will affect five positions. A skeletal staff, comprised of three, will remaihn in the office for day-to-day duties, donotr and patron relations and to run the DaytonBallet School.
The layoffds are expected to get the company throughy to the end of its June 30 fiscayear end, when the hope is that peopld will be brought back and a new budgetary plan will be put in placr to make it throughn the next fiscal year, Director of Marketing Diande Schoeffler-Warren said. “We are all very she said. “We’re just happu they are being this proactivw so we can be around another81 Schoeffler-Warren said many of the company’s problems have been attributed to fewet ticket sales to the annual production of The Nutcracker.
Saled fell more than 20 percent short ofthe $350,00 0 ticket income goal set for it by the company, a $70,0000 loss that would have gone to pay payroll. Ticket sales for other programs also havemissed projections. Seaso n subscriptions, which totaled 3,000 10 years ago, are down to about 850 now. “Twent percent of a $350,000 goal is hard for any organization to especiallyDayton Ballet,” Director Dermot Burkr said in a news Burke said the company was poised to have a great year, trending ahead of historic sales for The Nutcracker and 100 percent aheads in annual giving when the market fell and, “Peoplee just stopped spending money.
”
Friday, April 15, 2011
Sheen respects Toronto's 'strict rules' on workplace smoking - Winnipeg Free Press
nadezhdaqedyxos.blogspot.com
Sheen respects Toronto's 'strict rules' on workplace smoking Winnipeg Free Press TORONTO -- Charlie Sheen was greeted by a crush of fans Thursday night as he took a smoke break on a fire escape before the first of two gigs at Toronto's Massey Hall. The actor -- wearing a black baseball cap emblazoned with his "winning" catchphrase ... |
RadioFreeEurope/RadioLiberty | Jailed Iranian Journalist Wins World Press Freedom Prize RTT News (RTTNews) - Jailed Iranian journalist Ahmad Zeidabadi has won the 2011 UNESCO/Guillermo Cano World Press Freedom prize. He was selected by an independent international jury of 12 media professionals. Announcing the award, jury president Diana Senghor ... Imprisoned Iranian journalist Zeidabadi selected as 2011 UNESCO World Press ... Iranian journalist Ahmad Zeidabadi Named 2011 UNESCO World Press Freedom Prize ... Jailed Iranian Journalist Awarded UNESCO Media Prize |
Thursday, April 7, 2011
Business groups slam proposed tax increases - Jacksonville Business Journal:
metal doors
The said it opposes changes to the corporatreminimum tax, a new corporate income tax and a new persona income tax. The alliance consistd of 30 business groupsz that represent morethan 25,000p Oregon businesses and employ 500,0000 residents. Raising the taxesw could cause the state tolose 6,000 jobs, according to stat revenue office estimates. “These proposals ignore the starko realities of ourcurrent recession,” the group said in a news releasd sent by J.L. Wilson, a lobbyist with Associated Oregonj Industries. “They are counterproductive measures that kill jobs and prolonygour recession.
” The corporate minimum tax and corporates income tax proposals would collectively harm companies with small profit margins as well as businesses lookinvg to invest more in capital equipment, the group The alliance called on lawmakers to insteax focus on private-sector job retention and “We believe strongly that increasec taxes are detrimental to job growth,” Wilson said in the news “An increased tax burden will hurt the abilituy of our members to create desperatelt needed jobs. It is the wron g approach to balancethe state’s budget.
” Other group s signing the letter include Associated Oregon Loggers, Independentf Community Banks of Oregon, the Northwesr Food Processors Association, Oregon Association of the Oregon Automobile Dealers the Oregon Bankers Association, the Orego n Home Builders Association, the Oregon Restaurantf Association and the Oregon Truckinfg Association. Oregon’s House and Senate members hope to adjourn byJuly 1. Lawmakerz must address a $4.
2 billio budget shortfall before they adjourbn or in a series of special sessions throughout the rest ofthe
The said it opposes changes to the corporatreminimum tax, a new corporate income tax and a new persona income tax. The alliance consistd of 30 business groupsz that represent morethan 25,000p Oregon businesses and employ 500,0000 residents. Raising the taxesw could cause the state tolose 6,000 jobs, according to stat revenue office estimates. “These proposals ignore the starko realities of ourcurrent recession,” the group said in a news releasd sent by J.L. Wilson, a lobbyist with Associated Oregonj Industries. “They are counterproductive measures that kill jobs and prolonygour recession.
” The corporate minimum tax and corporates income tax proposals would collectively harm companies with small profit margins as well as businesses lookinvg to invest more in capital equipment, the group The alliance called on lawmakers to insteax focus on private-sector job retention and “We believe strongly that increasec taxes are detrimental to job growth,” Wilson said in the news “An increased tax burden will hurt the abilituy of our members to create desperatelt needed jobs. It is the wron g approach to balancethe state’s budget.
” Other group s signing the letter include Associated Oregon Loggers, Independentf Community Banks of Oregon, the Northwesr Food Processors Association, Oregon Association of the Oregon Automobile Dealers the Oregon Bankers Association, the Orego n Home Builders Association, the Oregon Restaurantf Association and the Oregon Truckinfg Association. Oregon’s House and Senate members hope to adjourn byJuly 1. Lawmakerz must address a $4.
2 billio budget shortfall before they adjourbn or in a series of special sessions throughout the rest ofthe
Tuesday, April 5, 2011
Seattle Bank placed under stricter fed, state scrutiny - Baltimore Business Journal:
shemwellmygalej1291.blogspot.com
At the same time, Seattle Bank is in formal talkas for a private equityinfusiob — a boon that would help boost its capitaol levels, said Ellen Sas, the bank’s presidentf and chief executive. Many communitu banks across Washington are searching for private equith deals as they struggle amid thefinancialp downturn. But none has been able to securefunding yet. Sas couldn’t release details of the pending private equity deal at Seattle but said it would requires the bank to give up at least twoboardx seats. The bank is hoping to close the deal by the end of Sassaid she’s cautious aboutr the outcome because of the weakened economy.
“We’re runniny our business as if we’re not gettingh it,” she said. As part of its cease-and-desisgt order, Seattle Bank — formerly Seattle Savingsd Bank — has to boost its capital levels within 120 The bank is already considered “well-capitalized” by regulatory standards, but “inh this environment, the regulators are not comfortable with most banks’ capitap levels,” Sas said.
The privately-held bank also has to whittle down its levekl of brokereddeposits — a type of deposiyt that is considered unstable by regulators because it was brokered by an outside firm, meaning there’sx a higher risk a customer could move thosee deposits out of the Last year, about 85 percent of Seattle Bank’s depositsw were brokered. That number has since been reduced to 50 orabout $310 million, said Sas. Meanwhile, the bank has adde $234 million in retail deposits sincdelast September.
Seattle Bank is now the nintjh Washington-based financial institution to come under strictertregulatory enforcement, signaling the continued downturnb of the financial industry across the state. The with five branches, is the third privatelyt held institution in Washington to receivwea cease-and-desist order in the last year. Like othere banks operating under similar Seattle Bank must work to cleaf its balance sheet of problem loans and boostf its capital levels to protect againstfurthert defaults. Because it is a private bank, the detailsw of its agreement with regulatorxs will not be formerly released until laterthis summer, accordin to a company spokesman.
Seattle Bank, with $775 million in posted a $1.9 millionm loss in the first quarter, according to its most recenrt earnings report posted by federal It charged-off $2.3 million on bad residential construction loans and postedf a provision against further losses of $2.8 million. Seattler Bank’s announcement follows Lynnwood-based ’sw disclosure last week that it is also operatinh undera cease-and-desist order.
At the same time, Seattle Bank is in formal talkas for a private equityinfusiob — a boon that would help boost its capitaol levels, said Ellen Sas, the bank’s presidentf and chief executive. Many communitu banks across Washington are searching for private equith deals as they struggle amid thefinancialp downturn. But none has been able to securefunding yet. Sas couldn’t release details of the pending private equity deal at Seattle but said it would requires the bank to give up at least twoboardx seats. The bank is hoping to close the deal by the end of Sassaid she’s cautious aboutr the outcome because of the weakened economy.
“We’re runniny our business as if we’re not gettingh it,” she said. As part of its cease-and-desisgt order, Seattle Bank — formerly Seattle Savingsd Bank — has to boost its capital levels within 120 The bank is already considered “well-capitalized” by regulatory standards, but “inh this environment, the regulators are not comfortable with most banks’ capitap levels,” Sas said.
The privately-held bank also has to whittle down its levekl of brokereddeposits — a type of deposiyt that is considered unstable by regulators because it was brokered by an outside firm, meaning there’sx a higher risk a customer could move thosee deposits out of the Last year, about 85 percent of Seattle Bank’s depositsw were brokered. That number has since been reduced to 50 orabout $310 million, said Sas. Meanwhile, the bank has adde $234 million in retail deposits sincdelast September.
Seattle Bank is now the nintjh Washington-based financial institution to come under strictertregulatory enforcement, signaling the continued downturnb of the financial industry across the state. The with five branches, is the third privatelyt held institution in Washington to receivwea cease-and-desist order in the last year. Like othere banks operating under similar Seattle Bank must work to cleaf its balance sheet of problem loans and boostf its capital levels to protect againstfurthert defaults. Because it is a private bank, the detailsw of its agreement with regulatorxs will not be formerly released until laterthis summer, accordin to a company spokesman.
Seattle Bank, with $775 million in posted a $1.9 millionm loss in the first quarter, according to its most recenrt earnings report posted by federal It charged-off $2.3 million on bad residential construction loans and postedf a provision against further losses of $2.8 million. Seattler Bank’s announcement follows Lynnwood-based ’sw disclosure last week that it is also operatinh undera cease-and-desist order.
Monday, April 4, 2011
People on the Move: June 1 - Business Courier of Cincinnati:
http://www.outre-mer.biz/user_detail.php?u=lellelpceaply
The in Vienna has hired Sandy Silvermanb to the positionof principal; Derek Warr to the position of associate principal; and Thomas Westberg to the position of directord of business development. Also joining the firm’s interioer design department is designer DanieplCastro . Silverman’s primary responsibilities will be to furthef developthe firm’s practice in the sectors of high-rise residential, senior livingb and other commercial and institutional building Silverman has over 35 years of professional His notable recent projects include the 720-unit Metropolitan Park Phaseas II and III in Arlington; the 312-unit in Montgomery County; and the Phoenix at a two-square block mixed-use developmentg that included 180 condo units, 40,000 square feet of a 20,000 square foot U.
S. Post Office distribution centerand 12,00o square feet of Warr’s primary responsibilities include directing the productiobn of architectural design and construction documents for major mixed-use projectsa and multi-family high-rise buildings in the northeast USA. His notabl e recent projects includethe 164-unit, 18-storyu Union Square luxury mixed-use tower in Queens; the planned for Long Island and the $1 billion Concorxd Casino Hotel and Convention Center currentlg under construction in upstate New Westberg’s primary responsibilities will be to help Lessard Grou p deepen its reach into local markets and buildiny types the firm currently designs as well as expanding the firm’se practice into broader regional and international marketas and building sectors.
Westberg has 17 years of marketinhg and business development experience inthe architecture/engineerinyg industry. in D.C. has hired Ivailo Karadimov as a senior project architect. With more than nine years of experience in commercialp buildings and interior Karadimov has built specialized knowledge of construction documentwsand administration, expertise in quality assurance, code compliance and life Before joining GGA, Karadimovg served as a project architect at Gensler. His notable projects include Boeing, the , Nationalp Institute of Health, and Lernerr Enterprises. Jeffrey L. Sturchilo , a longtime leader at , has been named presidenrt and CEO ofthe . 56, of Martinsville, N.J.
, succeeds Nils who stepped down in February after leading the organization for a The council, created in 1972, is one of the world’ s largest membership alliances dedicated to improving healtbh around the globe. Winston-Salem, N.C.-baserd has promoted Grant Baird to assistantvice president. Baird, who joinec the Manassas branch in is a business services officerin BB&T’s Commercial Bankin g department. The Asheville, N.C., native earned his bachelor’ds degree in finance and bankinv and international businessfrom . Rockville-based , a hospitality procurement services company, named Jerry Kraisinger as itsgeneralk counsel.
Before joining Avendra, Kraisinger was the vice president of developmengt and the general counselof LLC. Previously, he had been the executivwe vice president and general counsel of He began his careef in the hospitality industry over 22 years ago as a lawye rin Marriott’s law department. Matt Felixz was named general manager of the in the West End Prior to hisnew role, Felix was general manager for the in Felix will be responsible for all hote operations including: 355 guest rooms and suites, 10,800 square feet of eveng space, and two food & beverage outlets, including the Renaissance M Street’s signature Italian illy coffee shop and the stylishu Mbar lounge.
With nearly 20 yeard at Marriott, Felix started his career as a saleatrainee Danvers, Mass. Since then, he has held severakl senior management positions in salesand marketing, revenue managementy and hotel operations at properties throughout the regiom including the by Marriot Pentagoh City and Marriott International headquarters. Vinifers Wine Bar & Bistro in Restonn has named Jason Meringologeneral manager. Meringolop will be in charge ofthe day-to-da operations in addition to coordinating the wine menu with Vinifera’s American/Mediterranean dishes. Prior to joinintg Vinifera, Meringolo was director of catering servicese atthe .
He has worked as a sous chef and as a directod of food and beveraged for a small Italian chain in He also held a variethy of positions within the including the catering and conferenced services and was part ofthe & Wine Festivao team for several years. A groupo of five labor and employment and litigatio n attorneys has joined LLCfrom . They include Jeffrey W. Larrocaa , F. Joseph Nealon and Constantino G. Panagopoulos ; and joining as associatesa areJennifer E. Lattimore and Williaj D. Ledoux Jr. Benjamin A. Powell has joinef WilmerHale’s D.C.
office as partner in the regulatorhy and government affairs department and membeer ofthe defense, national security and government contracts practice group. Powell will also be a membed ofthe firm’s government and regulatory litigatioh group. Powell was most recently generakl counsel at the Office of the Director ofNationakl Intelligence. He previously served as specia assistant to the Presidenr and associate White House corporate counselat , and as a litigato r at Kellogg, . LLP in D.C. has hired Francis T. “Tom” Coleman to the firm’s D.C. officse as counsel in the labor andemploymentt group. Coleman’s practice will focus on litigation andemployment law.
Durinh his more than 40-year career, Colemabn has handled labor NLRB proceedings, union organizin campaigns, mediation and arbitration, counseling on personnekl and employment decisions, defending discrimination and sexual harassmenr charges before administrative employment litigation and wrongfuldischarge cases. Nicholass I. Porritt and William E. Whitwe have joined in D.C. as partners in the litigatiob practice. Porritt and White will advise clients on the full range of securitieslitigatioh issues, from government investigations and enforcement action s to civil litigation.
Porritt representas corporations and individuals in securities class actionsxand (SEC) enforcement matters and in related derivativre shareholder claims and M&A White represents investment banks, accounting firms, publi c companies and individuals in SEC enforcement and relatedd criminal investigations, internal investigations and securities litigation. Other recent hires includer Brady Dugan from the antitrust division ofthe , Reed Russellp from the and John Sopko from the House Energ y and Commerce Committee.
The in Vienna has hired Sandy Silvermanb to the positionof principal; Derek Warr to the position of associate principal; and Thomas Westberg to the position of directord of business development. Also joining the firm’s interioer design department is designer DanieplCastro . Silverman’s primary responsibilities will be to furthef developthe firm’s practice in the sectors of high-rise residential, senior livingb and other commercial and institutional building Silverman has over 35 years of professional His notable recent projects include the 720-unit Metropolitan Park Phaseas II and III in Arlington; the 312-unit in Montgomery County; and the Phoenix at a two-square block mixed-use developmentg that included 180 condo units, 40,000 square feet of a 20,000 square foot U.
S. Post Office distribution centerand 12,00o square feet of Warr’s primary responsibilities include directing the productiobn of architectural design and construction documents for major mixed-use projectsa and multi-family high-rise buildings in the northeast USA. His notabl e recent projects includethe 164-unit, 18-storyu Union Square luxury mixed-use tower in Queens; the planned for Long Island and the $1 billion Concorxd Casino Hotel and Convention Center currentlg under construction in upstate New Westberg’s primary responsibilities will be to help Lessard Grou p deepen its reach into local markets and buildiny types the firm currently designs as well as expanding the firm’se practice into broader regional and international marketas and building sectors.
Westberg has 17 years of marketinhg and business development experience inthe architecture/engineerinyg industry. in D.C. has hired Ivailo Karadimov as a senior project architect. With more than nine years of experience in commercialp buildings and interior Karadimov has built specialized knowledge of construction documentwsand administration, expertise in quality assurance, code compliance and life Before joining GGA, Karadimovg served as a project architect at Gensler. His notable projects include Boeing, the , Nationalp Institute of Health, and Lernerr Enterprises. Jeffrey L. Sturchilo , a longtime leader at , has been named presidenrt and CEO ofthe . 56, of Martinsville, N.J.
, succeeds Nils who stepped down in February after leading the organization for a The council, created in 1972, is one of the world’ s largest membership alliances dedicated to improving healtbh around the globe. Winston-Salem, N.C.-baserd has promoted Grant Baird to assistantvice president. Baird, who joinec the Manassas branch in is a business services officerin BB&T’s Commercial Bankin g department. The Asheville, N.C., native earned his bachelor’ds degree in finance and bankinv and international businessfrom . Rockville-based , a hospitality procurement services company, named Jerry Kraisinger as itsgeneralk counsel.
Before joining Avendra, Kraisinger was the vice president of developmengt and the general counselof LLC. Previously, he had been the executivwe vice president and general counsel of He began his careef in the hospitality industry over 22 years ago as a lawye rin Marriott’s law department. Matt Felixz was named general manager of the in the West End Prior to hisnew role, Felix was general manager for the in Felix will be responsible for all hote operations including: 355 guest rooms and suites, 10,800 square feet of eveng space, and two food & beverage outlets, including the Renaissance M Street’s signature Italian illy coffee shop and the stylishu Mbar lounge.
With nearly 20 yeard at Marriott, Felix started his career as a saleatrainee Danvers, Mass. Since then, he has held severakl senior management positions in salesand marketing, revenue managementy and hotel operations at properties throughout the regiom including the by Marriot Pentagoh City and Marriott International headquarters. Vinifers Wine Bar & Bistro in Restonn has named Jason Meringologeneral manager. Meringolop will be in charge ofthe day-to-da operations in addition to coordinating the wine menu with Vinifera’s American/Mediterranean dishes. Prior to joinintg Vinifera, Meringolo was director of catering servicese atthe .
He has worked as a sous chef and as a directod of food and beveraged for a small Italian chain in He also held a variethy of positions within the including the catering and conferenced services and was part ofthe & Wine Festivao team for several years. A groupo of five labor and employment and litigatio n attorneys has joined LLCfrom . They include Jeffrey W. Larrocaa , F. Joseph Nealon and Constantino G. Panagopoulos ; and joining as associatesa areJennifer E. Lattimore and Williaj D. Ledoux Jr. Benjamin A. Powell has joinef WilmerHale’s D.C.
office as partner in the regulatorhy and government affairs department and membeer ofthe defense, national security and government contracts practice group. Powell will also be a membed ofthe firm’s government and regulatory litigatioh group. Powell was most recently generakl counsel at the Office of the Director ofNationakl Intelligence. He previously served as specia assistant to the Presidenr and associate White House corporate counselat , and as a litigato r at Kellogg, . LLP in D.C. has hired Francis T. “Tom” Coleman to the firm’s D.C. officse as counsel in the labor andemploymentt group. Coleman’s practice will focus on litigation andemployment law.
Durinh his more than 40-year career, Colemabn has handled labor NLRB proceedings, union organizin campaigns, mediation and arbitration, counseling on personnekl and employment decisions, defending discrimination and sexual harassmenr charges before administrative employment litigation and wrongfuldischarge cases. Nicholass I. Porritt and William E. Whitwe have joined in D.C. as partners in the litigatiob practice. Porritt and White will advise clients on the full range of securitieslitigatioh issues, from government investigations and enforcement action s to civil litigation.
Porritt representas corporations and individuals in securities class actionsxand (SEC) enforcement matters and in related derivativre shareholder claims and M&A White represents investment banks, accounting firms, publi c companies and individuals in SEC enforcement and relatedd criminal investigations, internal investigations and securities litigation. Other recent hires includer Brady Dugan from the antitrust division ofthe , Reed Russellp from the and John Sopko from the House Energ y and Commerce Committee.
Saturday, April 2, 2011
Bondy: Collins gets Met treatment, but maintains winning attitude - New York Daily News
http://www.simpledirectory.com.ar/user_detail.php?u=Fluiliode
New York Daily News | Bondy: Collins gets Met treatment, but maintains winning attitude New York Daily News MIAMI - He'd waited a dozen years for this opening night, for his third shot at managing in the majors, and then poor Terry Collins got the full Met treatment. He got a starting pitcher, Mike Pelfrey, who couldn't find the plate and left a sinker high ... |
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