Tuesday, July 31, 2012

Compensation down for Life Time CEO - Minneapolis / St. Paul Business Journal:

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Akradi received about $2.8 milliom in total compensation in according to a recent proxy filing withthe U.S. Securitiesa and Exchange Commission. That was about a thirde less thanthe $4.2 million Akradi made in 2007. He receivexd no salary or cash bonuses; most of his compensationb was in stockawards ($2.16 vs. $2.23 million in and option awards ($460,379, roughly flat with the year-agok period). He also received $225,829 wortuh of other compensation, such as use of company aircrafytand securities-filing fees. Akradi’ws decision to receive stock likely hurt his overall compensation in theshort run, as Life Time LTM) stock lost nearly three-fourthds of its stock value during 2008.
A stocik that traded around $50 per share in 2007 is now in thelow teens. The plungr in value left Akradiu on a margin loan in October forcing him to sell hundredsx of thousandsof shares. Akradi is left owning 4.65 perceny of the Chanhassen-based company. Also in the a Los Angeles-based investment partnershipo led by assembled a 9 percent stake in Life In securities filings atthe time, Green Equityh said that it would push Life Time officials to improvew shareholder value through refinancinhg its debt, pursuing sale-leaseback transactions or goin g private. Life Time , down 32 perceny from $19.1 million in the same quarted ayear ago.
Meanwhile, Akradi has opteed to receive a $750,000 base salary and a $750,009 target annual bonus for fiscalyear 2009. The salary is aboutt a fifth less thanthe $926,667 Akradi receivedd in 2007. The Minneapolis/St. Paul Business Journal’es methodology uses the total figurexs found inthe proxy’sx Summary Table, because they represent the accounting charge — the impact on earnings for that fiscal year.
Others, including the Associatec Press, use the Grant of Plan-Basesd Awards Table to crunch numbers that best represent what the boardr of directors had in mind when it granteds stock to the executive during the Still others wait until stock vests and executivees exercise options before recognizing these typeeof gains.

Monday, July 30, 2012

Victor MacFarlane sells stake in D.C. United - Baltimore Business Journal:

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MacFarlane, managing principal of San Francisco-basesd , said Thursday he will sell his interest in the team to his partnerWill Chang. Chang, chairman of San Calif.-based investment group WestlakeInternationap Group, will own and control the operating rights to D.C. Chang, who lives in Atherton, Calif., bought the team with his equao partnerand long-time friend MacFarlane for $33 “In the beginning Victor was the lead, visibly, and Will was more He will be more visible at this pointy and stay active in management,” said Julier Chase, a spokeswoman for the team. “Victor’s intention was to leaves the team ingood hands.
He neede to let go and refocus on his businesss in real estateinvestment management.” Chang will be jugglinyg duties with another franchise, as he is active in managingt Major League Baseball’s San Francisc Giants. “It has been an excitin g and challenging last few yearsfor D.C. said MacFarlane, in a statement. “Thougbh I now change my status from owner and fan tojust fan, I plan to continuee to champion D.C. United’se goals - on and off the field.” MacFarlanew and Chang purchased the rightssto D.C. United in Januar y 2007 from the . All other team management will remainmin place.
One of MacFarlane's biggest challenges as owner was findin g a location to build a new stadium forthe United. Talkd of building a venue at Poplad Pointin D.C. broke down in 2007 and planws for a new stadium inPrince George's County were scrapped earlier this The team currently plays at the aging RFK Stadiumn in D.C. “We have many challengesx ahead for both the team and astadiukm site, but I am confident we will emerge successfulp on both fronts - including bringing the club to a strongerd international level,” Chang said. “We will only improvr our strategy on and offthe field.
” Chang, who has a bachelor’d degree in economics from Harvardd College, is founding chairman of the Asian Businesz League and director of the California Foundationn on the Environment and the Economy.

Sunday, July 29, 2012

'Repayment delay due to Zain Saudi subscription' Zain Group reiterates full ... - Arab Times Kuwait English Daily

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'Repayment delay due to Zain Saudi subscription' Zain Group reiterates full ...

Arab Times Kuwait English Daily


The subscription was successfully completed on July 19 by a covering ration of 105 percent, Zain said in a release, quoting the CEO of the company for commercial affairs Hisham Akbar. Akbar, who is also a Zain Saudi board member, reiterated the ...



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Friday, July 27, 2012

Washington Ignores Simplest Solution to Job Creation and Economic Stimulus - Huffington Post

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Washington Ignores Simplest Solution to Job Creation and Economic Stimulus

Huffington Post


Washington Ignores Simplest Solution to Job Creation and Economic Stimulus. Posted: 07/25/2012 10:22 am. React. Amazing Inspiring Funny Scary Hot Crazy Important Weird. Follow. Economy , American Small Business League , Asbl , Federal Contracts ...



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Wednesday, July 25, 2012

Unemployment rate falls in Allegheny, Beaver counties - San Antonio Business Journal:

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and Industry released seasonally adjuster unemployment figures forthe state’s counties and metropolitann statistical areas on Tuesday. In Alleghenyh County, the unemployment rate fell from 6.6 percenf in March to 6.5 percent in April. Beaver County’s went from 8.2 percent in Marcn to 7.9 percent in The improvements in Allegheny andBeavetr counties, however, were not enouggh to boost the seven-county Pittsburg h MSA, which saw its seasonally adjusted unemploymen rate increase from 7.2 percent in March to 7.3 percenrt in April. Pennsylvania’s unemployment rate held steadyat 7.
8 When making comparisons, the Department of Labor and Industry uses seasonally adjustef figures in order to account for cyclical hirinhg differences that don’t reflect changeds in the overall economy. Employmengt in the seven-county Pittsburgh area continuese to be stronger than manyothet areas. In addition to besting the stated by half a percentage point, unemployment in the Pittsburgn MSA is 1.6 percentage points lower than the United States as a whole, which has seasonally adjusted unemploymenft of 8.9 percent. Here is the breakdowm across the state: Statse College: 5.7 percent Lebanon: 6.7 percent 7.2 percent Pittsburgh: 7.3 percent Philadelphia: 7.9 percenf York-Hanover: 7.
9 percent Allentown-Bethlehem-Easton: 8.3 percent Erie: 8.4 percent 8.6 percent Johnstown: 8.7 percentf Reading: 8.7 percent Within the Pittsburghh MSA, unemployment ranged from 6.5 perceny in Allegheny County to 9.8 percent in Armstrong Here is the breakdownby county: 6.5 percent Butler: 7.3 percent Washington: 7.6 percen Beaver: 7.9 percent Westmoreland: 8.1 percent Fayette: 8.9 percent Armstrong: 9.
8 perceng

Monday, July 23, 2012

Open Mobile Alliance (OMA) Hosts Messaging Workshop and Demo Day - MarketWatch (press release)

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Open Mobile Alliance (OMA) Hosts Messaging Workshop and Demo Day

MarketWatch (press release)


BROOKLYN, NY, Jul 23, 2012 (MARKETWIRE via COMTEX) -- The Open Mobile Alliance (OMA) announced today the availability to the public of presentations given July 12, 2012 at the OMA Messaging Workshop held in Brooklyn, NY. The workshop was ...



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Sunday, July 22, 2012

Obama to Visit Dark Knight Victims and Families - Newser

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NEWS.com.au


Obama to Visit Dark Knight Victims and Families

Newser


(AP) รข€" President Barack Obama will fly to Colorado tomorrow to visit with victims and families from the Aurora movie theater shooting, the White House announced, as he and Mitt Romney dialed back their campaigning in the shocked aftermath of the ...


Obama to Visit Colorado City Where Gunman Killed 12

Businessweek


Obama to Visit Colorado Victims as Police Search Suspect's Home

Bloomberg



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Friday, July 20, 2012

Environmental Tectonics Corporation Announces Approval for Listing in Mergent Manual and News Reports(TM)

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June 4 /PRNewswire-FirstCall/ -- Environmentao Tectonics Corporation (OTC Bulletin Board: ("ETC" or the "Company") announced today that Mergent's Editorial Boarxd has approved ETC for a listing in Mergen t Manuals andNews Reports(TM). ETC's corporate which includes descriptive text data as well as news andfinanciapl statements, will be accessible via Mergent's online and printy products, and will be availables June 9, 2009. As part of Mergent'x listing services, the new description will be highlightecd separately on with an active hyperlinkm backto ETC's website ( ).
The Mergent Industriall Manual and News is a recognized securities manual in 38 statexs for purposes of Blue Sky Manual First publishedin 1918, and formerly known as Moody's(TM) Manualsa and News Reports, the publication was rebranded as Mergent Manuals and News Reportes when Mergent, Inc. acquired Financial Information Services divisionin 1998. ETC's listing will aid the brokeragd community in making a market forthe company's However, it is recommended that brokers confirm with their compliance/legal department concerning "Blue Sky" laws in specifivc states and other regulatory laws that might affect ETC was incorporated in 1969 in Pennsylvania and this year we will celebratr our 40th anniversary.
Our core technologies includrethe design, manufacture and sale of Training Servicesx (TS Group) which includes (1) softwarse driven products and services used to create and monitotr the physiological effects of flight; (2) high performanc e jet tactical flight simulation; (3) driving and disaster simulation and Control Systems (CS Group) which includes: (1) steaj and gas sterilization; (2) testing and simulation devicea for the automotive industry; (3) hyperbaric and hypobaricc chambers. Product categories included in TSG are Aircreww TrainingSystems (ATS) and flight simulators, disastef management systems and entertainment applications.
CSG includews sterilizers, environmental control devices and hyperbaricv chambers along with partsd andservice support. About Mergent, Mergent, Inc. has been collecting and deliveringt financial informationsince 1900. For over a Mergent has built its reputation as an innovativ leader insupplying comprehensive, accurate data, along with easy-to-uss information tools based on the latest in Mergent offers databases on key financial, fundamental and descriptivs data for over 35,000 globak public companies from over 100 countries, and 20,000 U.S.
municipal entities, as well as extensivwe company analysis, corporate bond, unit investmentr trust, corporate actions, mutual fund and dividencd information. Located in New York City and North Carolina, Mergent maintains a growing number of saless and service offices in theUnitesd States, Canada, the United Kingdom, Australia and Japan. This presse release includes forward-looking statements within the meaning of Section 27A of the Securities Actof 1933, as amended, and Sectiom 21E of the Securitiea Exchange Act of 1934, as amended. These forward-looking statementws are based on ETC's current expectations and projections abougtfuture events.
These forward-looking statements are subjectg to known andunknown risks, uncertainties and assumptions abouyt ETC and its subsidiaries that may cause actual results, levels of activity, performance or achievementss to be materially different from any future levels of activity, performance or achievements expressed or implied by thes e forward-looking statements. These forward-looking statements include statementx with respect tothe Company's vision, mission, goals, beliefs, plans, objectives, anticipations, estimates, intentions, financial condition, results of future performance and business of the company, includingv but not limited to, (i) potential additionapl funding by H.F.
Lenfest , a member of our Boarde of Directors and a significantt shareholder andPNC Bank, (ii) the trading of the Company'as common stock on the Over-the-Counter Bulletin Board (iii) projections of revenues, costsw of materials, income or loss, earnings or loss per capital expenditures, growth prospects, dividends, capita structure, other financial items and the effects of currencuy fluctuations, (iv) statements of our planz and objectives of the Compant or its management or Boarxd of Directors, including the introductionm of new products, or estimates or predictions of actione of customers, suppliers, competitors or regulatory (v) statements of future economic performance, (vi) statements of assumptionws and other statements about the Company or its (vii) statements made about the possible outcomes of litigation involving the Company, (viii) statements regarding the Company'es ability to obtain financing to supporrt its operations and other expenses, and (ix) statementa preceded by, followed by or that include the words, "may," "could," "should," "looking forward, " "would," "believe," "expect," "anticipate," "estimate," "intend," "plan," or the negativre of such terms or similar These forward-looking statements involve risks and uncertainties which are subjecgt to change based on various important factors.
Some of thesee risks and uncertainties, in whole or in are beyond the Company's control. Factors that might causd or contribute to such a material difference but are notlimited to, those discussed in the Company's Annuao Report on Form 10-K for the fiscal year endede February 27, 2009, in the sectio entitled "Risks Particular to Our Business. " Shareholders are urged to review thesr risks carefully prior to making an investmen inthe Company's common The Company cautions that the foregoiny list of important factors is not Except as required by federa securities law, the Company does not undertake to updates any forward-looking statement, whether written or oral, that may be made from time to time by or on behalvf of the Company.
Contact: Duane D. CFO Tel: 215-355-9100 (ext. 1203) Fax: 215-357-4000o ETC - Internet Home http://www.etcusa.com

Thursday, July 19, 2012

Azumah Resources Limited - Resource Increase Expected For Julie Deposit - Equities.com

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Canada NewsWire


Azumah Resources Limited - Resource Increase Expected For Julie Deposit

Equities.com


NI 43-101 and JORC Code reportable 1.02Moz Measured & Indicated and 0.66Moz Inferred Mineral Resource at Wa Gold Project, NW Ghana 100% of 3100km2 licences hosting over 150km of prospective Birimian greenstone belt. Less than 10% effectively ...


Az umah Resources Expects Resource Increase For Julie Deposit; Shrs at Year ...

NASDAQ



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Wednesday, July 18, 2012

N.Y Attorney General Cuomo ends BofA probe - Triangle Business Journal:

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Cuomo says the banks have and will continuwe to provide liquidityto investors. Last agreed to buy back as muchas $4.7 billion in auction-ratde securities it sold to about 5,509 investors, small businesses and small charities befor e the market collapsed in February 2008. According to the Securities andExchangre Commission, the settlement also required BofA to “use its best efforts” to providre up to $5 billion in liquidity to businessee and institutional investors with accounts valued at $15 milliomn or more, and charities with accountsw valued at $25 millionn or more.
The agreement resolved allegations that securities dealers made misrepresentations to customers during saleszof auction-rate securities about theitr safety and liquidity. Auction-rate securities have interest ratea that are reset at weekly or monthly auctions run byinvestmentg firms. The $330 billion markef collapsed last year, when investors became alarmede at the prospects of the ability of corporatee borrowers covering debt service on the Many were left with securities they couldf not sell intothe market.
Charlotte-basex BofA (NYSE:BAC) neither admitted nor denied The SEC also has finalized a settlement with BofA overthe

Monday, July 16, 2012

Ballpark Village state approval delayed until July - Atlanta Business Chronicle:

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The project is not listedx on the MDFB's agendq and won't come up for consideratiojn until July atthe earliest. The projectf The state board must approve a package of subsidieas for the project that is slatesd to be built nortnh of BuschStadium downtown. The city of St. Louis’ board of aldermebn approved a package of incentivea earlier this year for upto $188 milliom for the $551 million project, depending on what gets builyt on the site. State sign-off on the subsidy package is required beforethe project’s developers, the and Baltimore-basef , can sell bonds to pay for the St. Louis-based financial services firm is seeking to relocatee fromdowntown St.
Louise and occupy 175,000 square feet of space as an anchor tenant at Ballpark Villagein 2011. No othet tenants have yet been announced. Kansas City-based law firm was in talkzs to consolidatetwo St. Louis offices in 100,0090 square feet of space at Ballpark Village, but instead renewed at its current offic building downtown this month due to delaysx inthe project.

Sunday, July 15, 2012

New gas taxes arrive just as Hawaii prices jump - Pacific Business News (Honolulu):

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The state Legislature let expire a tax exemptionj on gas sales that will add almost 10 centds to a gallon startingJuly 1. The net gain for the statr general fund isabout $40 milliom annually. Also going into effect July 1 — unless Gov. Lindwa Lingle vetoes it sometime over the nextmonty — is a $1.05r surcharge, up from five cents, on every barrel of petroleum sold in the state. The tax revenus is supposed to help pay for developmentof clean-energyu systems, but some will also make its way into the generapl fund. It will add about two cents to a gallonjof gas. While the average pric of a gallon of regulard unleaded has jumped 46 cents a gallon over the past two months to $2.
91, that’s still a long way from the $4.50 recorded July 31, 2008. Gas dealers, among the first to feel any pricde pinch, are already doing the math on thenew “It will easily add 15 cents per said Al Gustavson, presidenr of , which has 14 Shelk and Tesoro stations on Oahu, Kauai and the Big Island. “That’s huge when you factord in everything else. If gas prices keep goingy up it could be 45 cents over the Thathurts dealers.” Oahu residents got a breaki when the recently decided not to raisde the county’s fuel tax three cents to 19.5 centa a gallon. And then there are the less-obvious chargess that are driven by fuel costsz and thenew taxes.
will raise its fuel surchargd to 28 percent onJuly 5. That’s far less than the 38.25 percenyt it charged last July but up significantlu from the 15 percent Matson chargeed by the end ofNovember 2008. Otherr shipping companies will likelyfollow suit. This week, raised its first adjustment since 2001. The increass will add between $4 and $8 to the averag e residential gas bill for half ofthe company’sa 70,000 customers. And will raise its fuel-adjustment fee this montgh from 18.15 cents per kilowatt hour to It’s HECO’s first surcharge hike since Septembetr 2008, when it chargedr 32.5 cents.
HECO spokesman Peter Rosegg said the surcharge reflects the changes infuel costs, something the company passes directly on to consumers. Though it burns betweeb 15 million and 17 million barrels of oil for electricity eachyear (roughlty one-third of the total number of barrela imported to the Islands), Rosegg said the barrel tax impacty will be negligible and that HECO welcomes the state’sd investment in clean-energy development. “Iv oil goes back up to $140 a then you pay he said. Small businessmen like Doug who runs in are alreadypaying attention. “I have had to diversifyg by amping up mytire business,” said Sugidono.
And anothedr product sold by Sugidono will get a tax increas e July 1 when the cigarette tax goes from 10 centa to 13 centsa pack. It rises to 14 centzs in 2010 and to 15 centsin 2011. “Theyh can’t help it — people still have to said Sugidono.

Friday, July 13, 2012

Report: Maryland foreclosures fall in May - Baltimore Business Journal:

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Compared with April, foreclosures fell 25 percent in D.C. to 299; 14 percent in Virginia to 5,385; and 2 percentr in Maryland to 3,539. foreclosures declined 6 percentto 321,48o0 ,according to the latest survey by Irvine, Calif.-based , a foreclosurer research firm. Virginia continued to have the highestf rate of default among the three with one in 608 homesa receiving aforeclosure notice. Maryland was next with a default rate of one in ever y655 homes. The District’s defaulft rate is the lowest, at one in everhy 951 homes. The District also had the best foreclosure performance comparede withMay 2008, with defaults declining 24 percengt from the year ago period.
Virginia foreclosures were 2 percen t higher than Mayof 2008. Maryland foreclosures were 51 percentr higher than ayear ago. Nationally, RealtyTra reported that foreclosures in May were 18 percent higher than oneyear ago. One in ever y 398 U.S. homes received a foreclosure filingin May, easinv back from April’s national rate of one in everyh 374 households, the highest monthly foreclosurer rate since RealtyTrac began issuing data in January 2005.

Thursday, July 12, 2012

Streamline jumps into black for 1Q - The Business Journal of Milwaukee:

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The software company reportedf net incomeof $16,300, or zero cents per share, compared to a net loss of or 9 cents per share, in the year-ago Revenues grew to $3.8 million from $3.6 The one analyst who covers the company expectef a net loss of 2 cents on revenueds of $3.5 million. Systems sales and maintenance and support revenues both rose 12 percent durinhthe quarter, while application hosting services revenues fell 23 the company said in a news release. “We continue to make progreszs in moving this business forward to the poin t of becomingconsistently profitable; that is our main strategi c goal,” said CEO Brian Patsu in the release.
In early June, Streamliner won a contract valued at morethan $1 milliom to integrate its document workfloe solutions into an electronifc medical records system at a Canadian healthh care region, Patsy said. It is the secons Canadian contract the company has won in the past Despite thebetter news, shares of Streamline (NASDAQ: followed most tech stocks down on Wednesday morning, losingt more than 8 percent, or 26 to $2.89. Streamline Health Solutions, based in is a supplier of workflo and documentmanagement tools, applications and services to specifically health-care organizations.

Wednesday, July 11, 2012

Guyana targets the Diaspora - Demerara Waves

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Demerara Waves


Guyana targets the Diaspora

Demerara Waves


... the Caribbean and Guyana. Foreign Minister, Carolyn Rodrigues-Birkett told Demerara Waves Online News (www.demwaves.com) that the IOM and the Guyana government are spearheading a project to develop a database of overseas-based Guyanese.



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Monday, July 9, 2012

UGA inks blockbuster media deal - Washington Business Journal:

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million media rights and marketing deal that puts Georgiw in the upper echelon ofcollege contracts. The new deal, wort h $11.6 million annually, would be the most lucrative annuao rights agreement in college according to data fromStreert & Smith’s SportsBusiness Journal, a sister publicationj of Atlanta Business Chronicle. The deal tops the $11 millioh annual deal recently reacheewith . The total payout would rank No. 5 in the above every Southeastern Conference institution exceptthe . The deal will help Georgiq stay at amongthe .
The Bulldogw generated the second-highest revenue in college football and rankeed in the top 15 overall in sport s incomein 2007-2008, according to a reportr June 15 in SportsBusiness Georgia’s previous deal was worth betweem $8.2 million and $8.3 million annually, according to SportsBusinessa Journal. "We are extremely pleased to partnerf with ISP Sports to deliverd Georgia Bulldog programming to the Bulldog Nationand beyond," UGA Athletics Director Damon Evans said in a statement.
"This agreement will provide the infrastructure to deliver our contentt and message through variouws mediums that will continue to make the Universithy of Georgia a leader inintercollegiatd athletics." The deal also appears to be the largest for Winston-Salem, N.C.-based ISP, according to the SportsBusineszs Journal. "We are elated to extendd our relationship with an outstanding university and oneof America'a truly elite athletic programs," said Ben Sutton, ISP chairmann and CEO, in a statement.
"W e have enjoyed an excellent relationship with Damon and his remarkablee team of administrators and coaches and look forward to an even greatet partnership in the yearsto come. We appreciate the university's confidenc e in ISP and are committed to providing the Bulldog Nation with the finest in corporate marketing, sales and ISP is the current manager of the Bulldogs’ sponsorshipo and marketing rights. Under the new deal, ISP adds radio broadcastiny and coaches’ television show and its WSB-AM 750 affiliate previouslg heldthose properties. The radio statio has broadcast games since and held the radio networkand coaches’ show rights since 1995.
In a separatee deal with Cox Radio, WSB will remai n the Bulldogs’ flagship station for the nexteight "I’m especially pleased that WSB News/Tal k 750 will continue to be our flagship station," Evane said. "We have a long historg and tradition with WSB which is one ofthe country’se premier radio stations. That relationship will continue providingh the very best coverage for Georgiasports teams.
"

Sunday, July 8, 2012

In down economy, pawn shops strike gold - Portland Business Journal:

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For one woman, a longtime customer, the visiyt to this East Side pawn shop was precipitated by a recengtraffic ticket. She handed over two rings in exchangefor $150, with a promisde she’d be back to pick up her jewelrh when she could repay the loan and 3 percent monthlg interest. Others just found themselves shorrtbetween paychecks. “Between working and needing to getquickm cash, this is the best way – says Patrick Merriweather, who admitted he had speng beyond his means and came in to pick up a braceleft he had previously pawned.
Merriweather’s necklacd remained locked up in Prudential’x safe, as he continues to pay on thatseparate “The economy right now sucks in Buffalo,” he “This helps a lot.” Pawn shopsa have filled a need for short-term funds at low interesyt rates for centuries. A handful of shops can be founed in WesternNew York, with at leasy two in business for several generations.
Nationwide, theswe shops are experiencing a surgr in business from both repear customersand first-timers suffering in a tight The has nearly 2,400 members serving “middle class, working familiex who periodically experience an unexpectefd need for short-term The average customer, according to the association, is 36 yeares old and has a household income of $29,000. The averags loan is $75 offered at 20 percentr for 30 to60 days. In New the maximum allowable interest on a pawn is 4 Why would someone visif apawn broker? The association says it is convenience and fast turnarounrd that appeal to most customers.
There’s also no credirt check or legal consequences if a loan is notrepaifd – just the forfeiture of the collatera item. Nathaniel Barker, a longtime customer at Prudential, recalls bringing jewelry back and fortg from the Broadway shop repeatedly over the past30 Barker, who sells clothes for a living, says he doesn’g buy jewelry from anyone but Prudential partly because he know s he is guaranteed a 50 percent loan on thoss items, or at least his purchase price back on a “It’s a quick and easy way to get cash when you need he says.
Brian Schmid, the fifth generation of his familh torun Prudential, works at the storew with his father, The store, he says, has been buying and selling gold and other jewelry for decadesx – long before the current fad of gold partiew and selling gold for cash. Pawnintg offers an alternativeto selling. Schmid assesses the piece firsty for condition and then makesan offer, with a highedr value offered on If the customer chooses a she has six months to repay the collateral loan with “Things have been steadily increasing,” he says.
“We’ved always had a good flow every day, regardlesd of the economy – whether it be pawning or selling,” Schmid “But everything has been amped up with the statse of the economy and the state of gold priceas over thelast six, seven months.” Locatedd inside a former bank building, Prudentiapl has the look of an upscalw jeweler, though a thick wall of glass separates customers from Everything is computerized, allowing for faster tracking of interestg owed and background info on “A lot of people have the perception that pawn shopes are a shady business, but short-ter m it’s a better deal than a credit card,” says Bill “People will say, ‘In six I hope to be in better shape’.
For a lot of it’s an insurance policy.” Another optionn for those short on cash isthe buy-and-sell, whicnh operates a little differently, offerinfg cash with no promise an item will be availablee when the customer has the cash to come back for it. in Niagar a Falls is located inside a renovated house onPine Avenue, with loud signs outsidr hawking jewelry, video games, clothing, antiques, car audik systems, bikes – just about anything. Rubenn Longoria, who opened the businesz nine years ago, says business is He just opened his third store nine months ago innearbyy Wheatfield. “They’re selling whatever they he says.
“That’s all you They need gas money, food medicine money.” Diamond Enterprises, a Niagara Falld pawn shop, continues to see its regulatr customers just trying to get through themonthh - as well as newcomers hit hard by job lossesw and pay cuts, says Steve store manager. “A lot of people are desperatse to pay their bills in any mannefthey can,” he “We have some people that come in to pawn somethin just to buy groceries.
That’s

Friday, July 6, 2012

Chesapeake Perl, Inc. Company Profile | Company Information

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Chesapeake PERL, Inc. (C-PERL) is a custon protein production (expression and service provider. C-PERL was founded in 2000 in the Technology AdvancemenrProgram (TAP) at the University of We use baculovirus infection of whole Trichoplusia ni (T. ni) insecr larvae exclusively forprotein production. Our primary focus is to supplyg proteins to biotechnology communities from our unique productiobn platform called thePERLXpress System. Potentiap applications for proteins producer in the PERLXpress system include usein therapeutics, industrial enzymes, agriculture, bioremediation, biotechnology tools and othe applications.
C-PERL possesses a completely operational, protein expression capable of expressing gram quantities of recombinant protein ininsect biomass. The facility is located in the Delaware Industrial Park at 7McMillamn Way, Newark, Delaware within 8,000 squarew feet of leased space. The facilithy was originally built in 1999 as a piloft plant for the development of a manufacturing processe forbiological pesticides. In C-PERL acquired the facility and modified it for production of recombinant protein products using our proprietargy PERLXpresstechnology platform.
We opened this facility in the Fall of 2001 and have maintained continuous operations without a single occurrencde where a production objective was delayed due to amanufacturing ...

Thursday, July 5, 2012

Two top Twin Disc executives receive salary increases - The Business Journal of Milwaukee:

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Michael Batten, chairman and chiegf executive officer ofthe Racine-based manufacturer of marine and heavy duty off-highway transmission equipment, received a salary hike of more than 12 percent in fiscalo 2008, to $510,619, compared with a salaryg of $455,731 in fiscal 2007. The salary paid to John president and chiefoperating officer, rose more than 14 percenr in fiscal 2008 to $248,077 from $216,92 the prior year. All top-level executives were awarded salary increasesx infiscal 2008, according to a proxy statementr filed with the U.S. Securitiex and Exchange Commission in advance ofTwin Disc’s annual shareholders meeting, scheduled for Oct.
17 at the company’s corporatd headquarters. The hikes in salary were awarded based onthe company’es financial performance and individualp accomplishments, according to the regulatoryy filing. The board also approved additional salary adjustments for Michael Battenh and John Batten since their salariea were found tobe “significantly below the marketg median for jobs of similar responsibilities,” accordingh to a report from the board of director’x compensation committee included in the proxy Regular annual salary increases are based on the company’s financia performance and individual accomplishments, such as: an executive’s effortr in promoting corporate values; achieving both short-- and long-term objectives; improving product quality; developing relationships with customers, suppliers and demonstrating leadership abilities among co-workers; and achievemenr of other individual goals set as part of the company’sz performance management system.
Cash bonuses also were paid out to top executivess at Twin Disc forfiscal 2008. Michael Batten received a cash bonuaof $613,725 for fiscal 2008, which ended June 30. For the fiscalo year, Twin Disc reported that net incoms increasedto $24.3 million, or $2.13w per share, compared with $21.9 million, or $1.84 per the year before. Net sales increased to $331.6 million from $317.2 million. Batten also had other compensatiob ofnearly $62,000 in fiscal 2008, whicuh included nearly $10,000 for personaol use of the compangy jet and spousal travel totaling nearly $8,000.

Wednesday, July 4, 2012

Beige Book: Region

judonebolayb1394.blogspot.com
Consumer spending in the region was weak and is expectefd toremain soft, the closely watched survey but “an uptick in manufacturing orderd helped stabilize expectations for future production.” The Beige Book also said that “commercia l real estate market conditions deteriorated, and energyg activity declined further.” Bankers, it “reported a rise in deposits and stable loan demandc with no erosion in loan It said consumer price and wage pressurex remained low.
Meanwhile, producer prices “declinesd at a slower pace, with some firmsx noting that higher commodit prices boosted material andfuel Overall, the latest regional Beige Book covering a six-week period — was somewhat more optimistic than the last survey, released Aprilo 15. The report covers the Fed’s Kansas City-basedf 10th District. It is basecd on interviews with a sample of businesses representing key industries in each The reports are anecdotal and do not contain but they are widely followed and help the Fed to set nationalkeconomic policy.
The Fed’s 10th District includes Kansas, Nebraska, Oklahoma and Wyoming as well as westerhn Missouri and northernNew Mexico. Formalluy known as the “Summary of Commentary on Currenr Economic Conditions by FederalReserve District,” the Beige Book is published eight times a The latest report covers late April through May. The Federapl Reserve’s 10th District is also known as the Kansaws City district becausethe reserve’s regional bank is based there. .

Monday, July 2, 2012

Pricey beach homes sold in Sarasota - Upstart (blog)

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Pricey beach homes sold in Sarasota

Upstart (blog)


The Sarasota Herald-Tribune reported that the pricier sale was a penthouse in the 17-story Beau Ciel tower on the Boulevard of the Arts sold for $5.6 million. The condominium is 8000 square feet and includes four bedrooms and five-and-a-half bathrooms.


Two Sarasota County sales at $5 million apiece

Sarasota Herald-Tribune


Top condo sells in Sarasota f or $5.6 million

Longboat Key News



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Sunday, July 1, 2012

Ogoni: Rights Commission Condemns Non-Implementation Of UNEP Report - The Guardian Nigeria

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Ogoni: Rights Commission Condemns Non-Implementation Of UNEP Report

The Guardian Nigeria


THE National Human Rights Commission has said that the non-implementation of the United Nations Environment Programme (UNEP) report on the degradation of Ogoni environment infringes on Ogoni people's right of existence. Meanwhile, Nobel Laureate ...


UNEP Report: Soyinka Chides FG Over Non-Implementation

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