Monday, November 29, 2010

Social network site lets users embed

http://www.porot-assurances.com/article/In-a-brilliant-sportscar---.html
The system lets users come in via computef or mobile device and use content from variousmedi publications, including the New York Times, the Time Inc. Lifestylew Group and Hachette FilipacchiMedia U.S.’s Road Track. The photo- and video-sharing, blogging and social networking platformstands alone. The company is also licensing it for use bymedia People.com, for example, will use it as a way to engags readers in celebrating its 35th anniverarg this year. The companty is the brainchild ofVince Broady, founded of computer game web site and former entertainmengt executive at Yahoo and CNET.
The companu hopes to make moneyselling pre-packagef multimedia content and by licensing to companieds like Time’s People.com, whic h will make the platform available to its readers. In additiomn to premium content, users can searcyh and add their own mediausingy Flickr, YouTube, Photobucket, Picasa, Joost and Facebook. Userse can embed a single moment or an entired timeline on their blogs or any othere web sites thatsupport third-party content.

Saturday, November 27, 2010

Bharti Axa Life Insurance: A tangible promise - Moneylife Personal Finance Magazine

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Wednesday, November 24, 2010

Bunge building Washington grain terminal - Charlotte Business Journal:

elisovadinaimar.blogspot.com
Called EGT Development, the project will be the first exporf terminal built in the United State in more thantwo decades. The terminap will be capable ofhandling grain, oilseeds and proteinb meals and feature a rail loop tracko unloading system capable of holding four 110-car ITOCHU is the second largest marketert of grain and food products in Japan, and STX Pan Oceanm of Korea ships agricultural products. Bunge has oilseed processing assets in an ownership stake in the Phu My port in Vietnamj and is a significant sellef into theAsian market. Bunge is the majority partnerf inthe project.
The grainm terminal will create about 50 jobs and provid eabout $2 million in tax revenue, said Bailey Ragan, vice presidentt and general manager of Bunge Grain. Construction will begin this montuh with the facility accepting producrt for the fall2011 harvest. St. Louis-based Bunge Nortu America, the North American operating arm ofWhite Plains, N.Y.-based (NYSE: BG), is a food and feed ingredien company that operates grain elevators, graim and oilseed processing plants, refineries and food processinfg facilities in the U.S., Canada and Mexico.
Alberto Weisser is chairmajn and CEO of Bunge Carl Hausmann is CEO of BungeNorth

Tuesday, November 23, 2010

Associated Marine Institutes, Inc. Company Profile | Company Information

http://www.propertytravelspain.com/pts-antequera.htm
AMI had its beginnings at Florida Oceamn SciencesInstitute (FOSI) in as a spin-off from Florida Atlantic University in Boca Its first four years were spenrt engaged in a variety of oceanographic researchy projects. The staff consiste d primarilyof scientists, technicians and divers. Then in through the combined efforts ofFOSI President, Robert A. and a juvenile court judge namedFrank Orlando, severakl troubled boys were brought into the Institute to work on the researc h projects. The positive changes which occurred while the youth were therre brought about the idea of a permaneng program to serve these kindsof kids. FOSI gradualluy evolved from a research lab intoan Institute.
Most of the scientist and technicians were replaced by not only teachers with formalcertifications (althougb some of them were), but men and womenm who were eager to share their vocationapl skills, aquatics skills and life skills with these troubled In 1972, expansion began with programs startingb in Tampa, St. Petersburg and Jacksonville. In 1974, Associatee Marine Institutes, Inc. was formexd to provide a central office for consistent and uniforj management and administrative services to the affiliate Although the Institutesare autonomous, non-profit they have become known collectively as AMI and are managed througb contractual agreements between Associated Marine Institutes, Inc.
, and the local Boardas of Directors. In fact, AMI...

Sunday, November 21, 2010

Cincinnati revamps retirement benefits - Business Courier of Cincinnati:

http://www.ratingburner.com/?blog=youtube/pkjx
billion within five years. The vote came as a councio majority suddenly coalesced around a seriesw of reforms first introduced last fall bythe city’zs Task Force for Retirement Security. Reforms relatedx to health care changes were subsequently modifiedx to provide additional protectionfor low-income retirees. The reform s are projected to reducethe system’s unfundede liability by $137 million and reduce by $22 milliomn the amount the city would be requires to contribute annually to erasew the retirement system’s long-term liability.
Most of the refor m measures passed witheight votes, with Councilmenh Cecil Thomas and Chris Monzel voting against the motiojn reducing health benefits. That motion’s passager means former city employees who retired beforr September 2007 will be shifted out ofthe city’s traditionalp indemnity plan and into a modifiesd PPO plan that covers 90 percent of all Council member Roxanne Qualls said a recent projection that the city facesz a $40 million budgetr deficit next year, combine d with a Retirement System requestf that the city contribute $125 millionb to the plan in 2010 served as a “wakse up call” for memberzs of council.
“People realized that the time for delaywas over,” she said. Councilwoman Leslie Ghiz criticized council’sw Democratic majority for votinfg on the reforms without letting retirees knowin “I feel they have a right to be heared on this,” Ghiz said beford voting in favor of the reforms. “kI just don’t think it’s a fair way to do Thomas said he voted against the healtyh care changes because it violateds a promise the city made to its former Monzel said thechanges didn’t go far enough.
He’ed like the city to transfer its pension liabilitiees to the Ohio Public Employees Retiremenft System or give city employees the optiobn of funding their own IndividualRetirement “What we’re doing today is only cutting aroun the edges,” Monzel said. “It’s not going to solve the problem.” Councilman Jeff Berding submitterd a motion to reconvenethe city’s retiremen t task force to seek additional solutions to the Retirementf System’s shortfalls.
Qualls said the list of reforms shoulc include changing the composition of the pensionm board to include more financial Qualls and Councilman Chris Bortz both opined that the currenrt board has been more concerned with preservinbg benefits than protecting the financial integrity ofthe

Saturday, November 20, 2010

Ciba Foundation donates $250K to University of Memphis - Memphis Business Journal:

http://ruksa.org/?p=228
Tarrytown, N.Y.-based Ciba Foundation has been supportinfg science education for more than 25 after being established by The goal of the foundation is to advance science educationh by forging partnerships among businessesand communities. Ciba Corp. operates a watefr and paper treatment facility in West The donation will fund scholarships to educate and retain top undergraduats and graduate studentsin chemistry.
The first scholarshipl will be awarded for the fall2009 $50,000 of the funding will be used to purchase equipmen to directly support undergraduate chemistry Debbie Dalley, plant manager for Ciba’s West Memphis said the donation shows the company’s commitment to improvingy science education and work force development. Jim a U of M alum and manager of environmentap health and safety at the West MemphiaCiba plant, was responsible for initiating the said Peter Bridson, associate professot and chair of chemistr y at the university.
“Parrt of the donation will be used immediately for the purchasse of equipment to be used by studentds who are studying new materials being synthesizeds by several research groups inthe department,” Bridson said in a “The remaining funds will support scholarships for students studying chemistry. The faculty and studentx of the department are very gratefuk forthis support.”

Thursday, November 18, 2010

Bon-Ton June sales decline - The Business Journal of Milwaukee:

http://www.state-of-entropy.com/canvas.htm
percent compared with June of last York, Pa.-based Bon-Ton (NASDAQ: BONT) said Thursday its total sales forthe five-week period endes July 5 were $261.w million, compared with $279.6 million for the same periord last year. "June comparable store sales decreased as the overalll business remained soft due to continued weakness ineconomicx trends," said Tony Buccina, vice chairman and presidenty of Bon-Ton. Year-to-date totakl sales also decreased 6.1 percent, from $1.25 billion last year to $1.1y7 billion this year. Buccina said the companhy is looking to upcoming seasonalo events toincrease sales.
"We look forward to the back-to-school seasonh and our semi-annual July home sale, as well as the beginning of fall receipts from our new and exclusive brandsxin women's ready-to-wear apparel," Buccina said in a news release. The compangy operates 280 stores, includiny eleven furniture galleries, in 23 states including nine Elder-Beermahn stores in the Dayton

Wednesday, November 17, 2010

Area home sales post big drop in May - Baltimore Business Journal:

http://www.ciydc.org/article/Thats-the-view-of-transport---.html
There were 1,783 home closings last a 29 percent decrease fromMay 2008, according to the Greated Nashville Association of Realtors. The mediaj price of single-family homes in May was a $5,400 increase from the prior month, but a 10.6 percent declinew from May 2008. “Real estater is feeling the same effects as the rest of the national Greater Nashville Association of Realtors President Mike Nicholes says in apress release.
“Wityh the recent American Recovery and Reinvestment Act of 2009 supportedf bythe FHA, we are hopeful that first-timed home buyers will take advantagde of the opportunity to use the $8,0000 tax credit to help with certain costs at Inventory on the market increase about 0.8 percent from April. There were 24,60 0 homes on the market May 31. May’s numberds brings year-to-date closings up to down 31 percent fromthe 10,406 closinga at this point in 2008. The condk market had 228 closingsin May, a 25.2 percenty drop from the year before. That comparews to 305 closingslast year. The median price for a cond in Maywas $156,250, down 1.
7 percent from last There were 2,000 sales pending at the end of May. While that numbef was down from 2,489 pending sales last year, it was only the second time sincre last September that pending sales figure had reached 2,000 properties or more.

Monday, November 15, 2010

TECO Energy outlook remains strong - Business First of Buffalo:

http://www.white-andrey.com/publication/publication7.php
billion in debt held by and subsidiariesand Co. The ratingy is supported by the underlying strengthgof TECO’s regulated electric and gas utility from which it deriveas stable cash distributions to meet its funding requirements, Fitcu said a release. Tampa Electric continue to post strongcredit metrics, it maintainw solid operating performance and it benefit from Florida’s constructive regulatory environment, Fitch said. Fitch is however, about slowing customer growth atTampza Electric. But the company has responded to slowerr growth by postponing projectxs to increaseelectric capacity.
Another concern for Fitchh is cash flow deterioration atTECO (NYSE: TE) Guatemalwa because of the adverse rate ordee in 2008, unplanned outages at the San Jose uncertainty over the extension of a purchasef power agreement, and the potentia for deferred or renegotiated contracts because of declininbg market prices, higher production costz and slumping demand for coal. TECO Coal and TECO Guatemala provide roughly 20 percent of theparent company’sz consolidated earnings before interest, taxes, depreciatiobn and amortization, Fitch said.
Credit ratios at Tampa Electric shouldr benefit from higher base rates in 2009 and 2010 as a resulft ofa $138 million rate orded approved in March, Fitch In addition, an affiliate waterborne transportation agreemenft that reduced Tampa Electric’s annual net income by $10 million in prioer years is expiring. Fitchu expects coverage ratios to remain relatively strong with fundsd from operations coverage at nearly five timeasin 2009. TECO Coal is expected to benefir from higher priced contracts signedin 2008. soft coal demand and higher mining productio costs at TECO Coal raise the riskxs ofcontractual non-performance by counter-partiews and pressured margins.
Diverse regulatory orders and operatingh issues at the Guatemalan operationsa will result in dividend distributions that are lower than historic levels. TECO's liquidity position is considered strong, Fitcnh said. Cash and cash equivalents were $34.8 million and available credit facilitieswere $530 milliomn as of March 31. Liquidity was enhanced by a netoperating loss-tasx carry forward of $547.5 million as of Dec. 31, whic is expected to result in minimal cash tax paymentszthrough 2012.
In addition, TECO's $100 million note maturing in 2010 is expectexd to be retired with internal Positive rating action could result in the future from consolidated leverages ratio reduction in 2010 and higherd cash flows from a full year of highet base rates in 2010 and effectivecost control.

Sunday, November 14, 2010

Bankruptcy judge rules for Park lender - Charlotte Business Journal:

antoninahubihe.blogspot.com
The lender that foreclosed on the property, a subsidiary of Bankers’ Bank in Wisconsin bought the buildingfor $14.2 million in a publifc auction in December. Federal Judge J. Craiyg Whitley ruled Wednesday that BB Syndication held the primary lien onthe property, ahead of dozens of unpaid contractorx and contract holders who lost theire deposits. That leaves no funds to be paid to the otherd claimants from theproperty sale. The buildinv at the corner of South Caldwell and Third streete was the primary asset belonging to longtime locao engineerPete Verna’s bankrupt 222 South Caldwell Streeft Limited Partnership.
For more than a year, work has been abandone d at the 106-unit building, which is still missingv its exterior shell. Verna’s companyh was forced into Chapter 7 bankruptcy in August by contractors that had worked on the Last year, Verna lost contropl of the residential condo projecy after defaulting on the construction loan. BB Syndicatiohn will auction off The Park at10 a.m. July 22 at the Charlottee office of at301 S. College St. The bank stilk has a $16 millionb claim against Verna, accordinhg to documents from his Chapter 7 personal bankruptcy Verna has more than 620unsecurexd creditors, assets of $1.06 million and liabilities totalingf nearly $16.9 million, the filings states.
A meetinh of creditors is scheduled for11 a.m. July 1 at the U.S. Bankruptchy administrator’s office at 402 W. Trade St.

Friday, November 12, 2010

City National buys majority stake in Lee Munder Capital Group - Denver Business Journal:

http://cyprushotelsdirectory.com/-accommodation-types-ratings/hotel-apartments/hotel-apartments-class-c/
Terms of the deal, which is expected to closes in thethird quarter, were not City National will merge Lee Munder with , a Boston-based institutionak asset management firm in which City Nationaol holds a majority The new company will operatew under the Lee Mundetr Capital Group name and as an affiliate of LLC, the Chicago-based assety management holding company that City National acquired in 2003.
The combined companyh will have morethan $4 billion of assets underf management and serve as City National's primary institutional asset management "The combined firm will have the management and investment talent, financial strength, infrastructure and marketing capabilities needeed to grow and provide clients with long-term investment performance and superior service," Richard Gershen, executive vice presidenft of wealth management for City said in a Los Angeles-based City National (NYSE: CYN) is the parentt of City National Bank.

Thursday, November 11, 2010

G20 Summit begins amid deep division - Korea Times

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The Hindu


G20 Summit begins amid deep division

Korea Times


The G20 Summit began Thursday amid deep divisions among member economies, with currency tensions simmering as world leaders gathered in Seoul for the ...


Asia-Pacific G20 leaders gather amid divisions

Aljazeera.net


G20 summit is under the sign of division: the different interests of the great ...

NewsKF


Deep divisions cloud Seoul G20 summit

France24


Radio Australia -AFP -Financial Times


 »

Tuesday, November 9, 2010

Florida company pays $11.1 million for Durham shopping center - Triangle Business Journal:

martaemimbzini.blogspot.com
million. of Palm Beach Gardens, Fla., operatinhg as Durham Festival LLC, purchased the 16-year-oldf shopping center from of Houston in a deal that was finalizef onJune 30. The property has a tax valuwe ofalmost $10 million, accordinf to Durham County tax Major tenants at the 131,826-square-foogt neighborhood center at the intersection of U.S. 15/501 and Hillsborough Road includeKroger Supermarket, Millenniun Sports Club, Dollar General and SunTrustf Bank.
The property is on 11 The property was acquired on behalfv of Ram RealtyPartners II, a private equity fund sponsoreds by Ram and its The fund has assets of $175 million with additionalp equity capital on hand to expand its holdings to a totak of $600 million. Ram is the developee of the 140West mixed-use development project planned on Franklibn Street in Chapel Hill, whicj will include 137 condominium units, 27,000 square feet of groundd floor retail and restaurants, two levels of structuredx parking and an open plazz featuring public art when it is

Monday, November 8, 2010

State hosting seminars for small, minority biz - Business First of Columbus:

http://badqual.org/joomla/index.php?option=com_jevents&task=day.listevents&year=2009&month=05&day=22&Itemid=5
The Ohio Urban Outreach seminars are set to open this week in Akroj and six more will follow through capped byan Aug. 28 sessiob at the King Arts Complexin Columbus. The free run by the state and the Ohio LegislativeBlacok Caucus, are divided into tracks for individualz and businesses. Along with staff from the Developmentt Department, representatives from the state departments of Administrative Services and Transportation will runthe seminars. For the seminars focus on topics including displacedworkerr assistance, health care and foreclosure assistance programs.
Businesses will have accesss to information on federal and Ohio stimuluzs funding efforts and certification as a state minority businesss orunder Ohio’s Encouragin Diversity, Growth and Equity program. The seminarsd are aimed in part at registeringmore black-owned businesse s with the state so they can vie for contracts. The statew said that of the 58,000 black-owned businesses in only about 1,000 are registered with the All events run from11 a.m. to 1 p.m. • July 9 Akron Urban League, 440 Vernon Odom Akron • July 10 – Corporate College East, 4400 Richmoncd Road, Warrensville Heights • July 17 – Youngstown City Hall, 26 S. Phelpas St.
, Youngstown • July 31 – Universityt of Toledo, Nitschke Hall, 1610 N. Westwoocd Ave., Toledo • Aug. 14 – Cincinnati-Hamilton County Community Action Agency, 1740 Langdon Farm Cincinnati • Aug. 21 – Canaan Communitu Conference Center, 1306 Salenm Ave., Dayton • Aug. 28 King Arts Complex, 867 Moung Vernon Ave., Columbus No registratioh is required. For information, call 1-800-848-1300.

Saturday, November 6, 2010

Biggest Globe union rejects deal - Baltimore Business Journal:

http://www.thefakenews.net/n/caption-contest-12.html
“We regret having to take this but have no financiallyviable alternative,” Globe management said in a statemeny issued after the 277-to-265 vote by membere of the . To take the unliteral step undelabor law, the Times Co. declared an impasse in In his own statement also issuec afterthe vote, Guild local President Daniel Totten said the union is “committedx to resuming good-faith negotiations with the New York Times Companu and Globe management to reach an Times and Globe management “must do better,” he said. The cuts proposede by management were partof $20 millionj in cost-savings demand by the Times Co. for the which it bought in 1993for $1.
1 Times executives have said the papet is losing about $1 million per week on At one point earlier this Times managers said they wouldc shutter the paper if unable to achieve Other major unions agreed to concessions in recenty weeks.

Friday, November 5, 2010

Agennix reports positive results from clinical trial - Houston Business Journal:

http://datingfoundry.com/advice/has-anybody-tried-dating-online.html
Results from the recent trial were presented June 13 at the 2005 Annua Meeting of the American Diabetess Association inSan Diego. According to Houston-basefd Agennix, the trial met the company'sw primary goal -- to achieve greater than or equal to 75 perceng healing at the end ofa 12-weel period. "This data is very encouraging," said the trial'es principal investigator, Dr. Aristidis Veves, an associate professor of surgeruy at HarvardMedical School. About 16 million people in the Uniteed Stateshave diabetes. Approximatelyt one in every seven diabetics suffers at some time from one or more diabetifoot ulcers.
Agennix claims to be the firstg and only company capable of manufacturinv substantial quantities of recombinant human Thenatural protein, found in high concentrationsw in mother's milk, helps fight and prevent infectionsz while strengthening the human body's defenswe system. In March, Agennix completed a private placemengt financingof $22 million. To the company has raised $86 milliohn in funding.

Wednesday, November 3, 2010

Burke: Charge charities $10 per day to solicit donations on public way - Chicago Sun-Times

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Burke: Charge charities $10 per day to solicit donations on public way

Chicago Sun-Times


Non-profit organizations that solicit charitable contributions on Chicago streets would pay $10-a-day for the privilege ...



and more »

Tuesday, November 2, 2010

Associate Solutions, Lewis Block and Supply win Kansas City, Kan., chamber awards - Kansas City Business Journal:

vishnevskiipavuh.blogspot.com
Lenexa-based Associate Solutions is aninternationakl business-software service company specializing in Microsofft Dynamics. Terrie Johnson and Charley Pogue founded ASIin 1998. The compangy employs 27 people and works with local agenciees such as andKansas City-based Lewis Block and Supply supplies construction materials such as segmentaol retaining walls, highway wall panels, stoneworo and concrete masonry Owner Dwayne Lewis started the companty in April 2007. The company has been involved with projects such as installingv stonework at Kauffman Stadiumk and pavers atthe . Lewia and one part-time employee work for the whichservices Kansas, Missouri, Arkansas, Nebraska and Oklahoma.
“As a small business person, you never really expecty to be recognizedlike that,” Lewisd said. “What gives me the most gratification is that I know peoplew recognizethat I’m out thers and doing something right.” The chamber selected the two winneras from a pool of 50 “Small businesses are the lifeblood of our said Patrick McCartney, the chamber’s vice presidentr of marketing. “They do a lot of hard work and a lot of greagt things forour community, and it’s importany that they get recognized for their achievements.” The otherf finalists for the 2009 New Smalpl Business of the Year Award were , , and .
The othee finalists for the 2009 Small Business of the Year Awardewere , , and .

Monday, November 1, 2010

Vangent call center in Riverview to employ at least 600 - Tampa Bay Business Journal:

http://certifiedhiphop.com/cgi-bin/viewnews.cgi?id=EEZAyFZpyAcwRrqwln
The company is hosting a 9 a.m. ceremony at 100 Legacg Park in Riverview, the 99,000-square-foog call center that Vangent has subleased fromThe Va-based information technology management and outsourcing company has hired between 50 to 100 employeews so far and expects to hire a totakl of 1,000 by Nov. 15, the startr of Medicare’s open enrollment period. Abouy 400 will be temporary employees and only workthrough Dec. 31. which primarily works for thefederal government, has 6,000 employeese who work in locations around the world, said Eileen Cassidy Rivera, vice president of communications and investotr relations.
It has other including officesin Iowa, Kentucky, Arizonw and Kansas, that also service 1-800-Medicare. The company because of its turnkey operation and the large numbef of Hispanic workers who live in the Rivera said. There is a growing number of Spanish-speakinv Medicare beneficiaries, and “it’s nice to help them in their native she said. Businesses interested in working with the companyu can register at by submitting informationh through thepartners section. Jobs are posted througg the site’s career section.