CBC.ca | Video: Canadian to stream home birth live on the Internet MetroNews Canada Salgueiro's first two children â€" Leilani, 4, and Taivus, 2 â€" were born at home, and while their arrival was captured on video, her third child with husband Mike Carreira is expected to be viewed by a much larger audience. Salgueiro said until recent ... Ottawa mother to live stream birth over internet VIDEO: Push and say cheese: woman to live-stream childbirth online Ottawa Mother To Live Stream Birth Over Internet |
Thursday, September 29, 2011
Video: Canadian to stream home birth live on the Internet - MetroNews Canada
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Tuesday, September 27, 2011
Accounting for change - Washington Business Journal:
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Demand from business clients is up for litigationb andforensic accounting, accountants in the Portland area say. Valuatiob work linked to mergers and acquisitionshas fallen. And tighter credit has increased the need for even small privatre businesses to compile financial statements that meet the stricf standards of their larger has seen an increase in lawsuits by shareholderz against individualsand corporations, which has heighteneed demand for forensic accounting and fraud analysis, said Williajm Holmes, managing partner. The Portland firm consulte on behalf of investors in the case against Orego venture capitalistCraig Berkman.
Jurors penalized him $28 million last after concluding that Berkman had misused fundsz and lied abouthis investments. Similarf litigation continues to occupy the Holmes said, though he declinexd to specify open cases. Geffen Mesher & Co. has experience an increase in demand for some anddecreases elsewhere. The Portland firm has historicallu offered valuation work centered around merger andacquisitiob activity, said Mike Rompa, managing shareholder. But mergersa and acquisitions havedried up, cutting into demand for thosd services. Meanwhile, forensic accounting work is up. “During tough economicf times, fraudulent activity does Rompa said.
Business clients are increasingluy calling on Geffen Mesher to revieqw their internal controls and identifyg possiblefraudulent activity. Geffen Mesher is also preparing more complez financial reports for smalpl andprivate businesses. Banks have grown more cautious abou tmaking loans, and increasingly require businesses to submity financial statements that adhere to the U.S. Generally Accepterd Accounting Principles, Rompa said. This has createx work for accounting firms that specialize in smallp andprivate businesses, which historically have not had to use accountinyg principles developed for larger, public companies.
“The more prolific the accountingstandards are, the more difficult the smalled business finds it to complty with those standards,” Rompa said. “The cost of complianc has skyrocketed.” Those stricter standards are the resulr of increased scrutinyon banks, which has createdx work for accounting firm of Portland. The firm countsa a number of banks among its said partnerMark Symonds. As bad loans take a toll on bank balance sheets, state and federal regulators have requiree many banks to conduct thorough reviews of their loans, generating work for the banks’ accountants.
Demanf across business clients is up for strategic planning help, Business clients face slim profit or even losses, and are calling on accountantx to identify strategic moves, Symonds said. “Nobodyu knows how long this recession is goingyto last, but we can help clientsx identify changes they may need to make to business Holmes and Co. has likewise seen an uptick in this kind ofconsultingg work. The firm has adopted a policy of open investing in communications technology to make employeees accessible aroundthe clock. “Clientds have a lot of anxiety abougtheir future, their families, their banking Holmes said.
“We don’t want to creat e more anxiety by notbeing available.”
Demand from business clients is up for litigationb andforensic accounting, accountants in the Portland area say. Valuatiob work linked to mergers and acquisitionshas fallen. And tighter credit has increased the need for even small privatre businesses to compile financial statements that meet the stricf standards of their larger has seen an increase in lawsuits by shareholderz against individualsand corporations, which has heighteneed demand for forensic accounting and fraud analysis, said Williajm Holmes, managing partner. The Portland firm consulte on behalf of investors in the case against Orego venture capitalistCraig Berkman.
Jurors penalized him $28 million last after concluding that Berkman had misused fundsz and lied abouthis investments. Similarf litigation continues to occupy the Holmes said, though he declinexd to specify open cases. Geffen Mesher & Co. has experience an increase in demand for some anddecreases elsewhere. The Portland firm has historicallu offered valuation work centered around merger andacquisitiob activity, said Mike Rompa, managing shareholder. But mergersa and acquisitions havedried up, cutting into demand for thosd services. Meanwhile, forensic accounting work is up. “During tough economicf times, fraudulent activity does Rompa said.
Business clients are increasingluy calling on Geffen Mesher to revieqw their internal controls and identifyg possiblefraudulent activity. Geffen Mesher is also preparing more complez financial reports for smalpl andprivate businesses. Banks have grown more cautious abou tmaking loans, and increasingly require businesses to submity financial statements that adhere to the U.S. Generally Accepterd Accounting Principles, Rompa said. This has createx work for accounting firms that specialize in smallp andprivate businesses, which historically have not had to use accountinyg principles developed for larger, public companies.
“The more prolific the accountingstandards are, the more difficult the smalled business finds it to complty with those standards,” Rompa said. “The cost of complianc has skyrocketed.” Those stricter standards are the resulr of increased scrutinyon banks, which has createdx work for accounting firm of Portland. The firm countsa a number of banks among its said partnerMark Symonds. As bad loans take a toll on bank balance sheets, state and federal regulators have requiree many banks to conduct thorough reviews of their loans, generating work for the banks’ accountants.
Demanf across business clients is up for strategic planning help, Business clients face slim profit or even losses, and are calling on accountantx to identify strategic moves, Symonds said. “Nobodyu knows how long this recession is goingyto last, but we can help clientsx identify changes they may need to make to business Holmes and Co. has likewise seen an uptick in this kind ofconsultingg work. The firm has adopted a policy of open investing in communications technology to make employeees accessible aroundthe clock. “Clientds have a lot of anxiety abougtheir future, their families, their banking Holmes said.
“We don’t want to creat e more anxiety by notbeing available.”
Sunday, September 25, 2011
Nonresidential construction expected to lag in 2010 - Puget Sound Business Journal (Seattle):
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The s' Consensus Construction Forecast reported nonresidential constructioj is expected to drop by 16 percent in 2009 and by anothedr 12 percentin 2010, said a news “This nonresidential downturn is shaping up to be the deepesyt decline in nonresidential activity in over a generation.” said Kermit Baker, chief economist for the AIA. we’re beginning to see some moderation in the trends in desigh billings atarchitecture firms, so we hopefull are nearing the bottom of this cycle.” • Retail constructiom is expected to drop 28 percengt in 2009 and by nearly 13 percent in 2010.
• Hotelp construction will drop by nearly 26 percent in 2009 and by nearlg 17 percentin 2010. • Office buildings are expected to decreasd by nearly 22 percent this year and by more than 17 percenttnext year. • Industrial facilities construction is expected to drop by a fraction of a percenyt in 2009 and by nearly 29 percenin 2010. “Commercial facilitie s such as hotels, retai establishments and offices will feel the decline most said Baker.
“The institutional market will fare much bette r as stimulus funding becomes availablefor education, health care and government • Amusement and recreation is expected to drop nearly 21 percen t in 2009 and by more than 8 percentg in 2010. • Construction of religious facilitied should fall by nearlhy 11 percent in 2009 and by nearly 7 percentin 2010. Education construction is projected to decrease by more than 8 perceng this year and by a fractiojn of a percentnext year. Construction of health care facilities is expected to dropby 1.5 percenrt in 2009 and by a fraction of a percentf in 2010. • Publid safety construction is expectec torise 1.
7 percent in 2009 and drop a fractiohn of a percent in 2010.
The s' Consensus Construction Forecast reported nonresidential constructioj is expected to drop by 16 percent in 2009 and by anothedr 12 percentin 2010, said a news “This nonresidential downturn is shaping up to be the deepesyt decline in nonresidential activity in over a generation.” said Kermit Baker, chief economist for the AIA. we’re beginning to see some moderation in the trends in desigh billings atarchitecture firms, so we hopefull are nearing the bottom of this cycle.” • Retail constructiom is expected to drop 28 percengt in 2009 and by nearly 13 percent in 2010.
• Hotelp construction will drop by nearly 26 percent in 2009 and by nearlg 17 percentin 2010. • Office buildings are expected to decreasd by nearly 22 percent this year and by more than 17 percenttnext year. • Industrial facilities construction is expected to drop by a fraction of a percenyt in 2009 and by nearly 29 percenin 2010. “Commercial facilitie s such as hotels, retai establishments and offices will feel the decline most said Baker.
“The institutional market will fare much bette r as stimulus funding becomes availablefor education, health care and government • Amusement and recreation is expected to drop nearly 21 percen t in 2009 and by more than 8 percentg in 2010. • Construction of religious facilitied should fall by nearlhy 11 percent in 2009 and by nearly 7 percentin 2010. Education construction is projected to decrease by more than 8 perceng this year and by a fractiojn of a percentnext year. Construction of health care facilities is expected to dropby 1.5 percenrt in 2009 and by a fraction of a percentf in 2010. • Publid safety construction is expectec torise 1.
7 percent in 2009 and drop a fractiohn of a percent in 2010.
Friday, September 23, 2011
Ryan Fitzpatrick, Bills hoping to make name for themselves - USA Today
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USA Today | Ryan Fitzpatrick, Bills hoping to make name for themselves USA Today "We're trying to make a name for ourselves," Fitzpatrick says. "We're trying to make a name for our team." For Fitzpatrick, undrafted lead running back Fred Jackson, seventh-round pick-turned-standout wide receiver Stevie Johnson and others on ... Bills QB Fitzpatrick making name for himself Surprising Bills have Patriots' respect |
Tuesday, September 20, 2011
Churchill Downs shareholders elect directors - San Francisco Business Times:
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Shareholders ratified the appointment ofJames F. McDonalx and R. Alex Rankin as Class II directors. They will serve one-year terms. The four Class I directors, electedf at the meeting to three-year terms, are: Leonard S. Coleman Jr., retired senior Major League Baseball; • Craigt J. Duchossois, CEO and director, • Robert L. president and CEO, Churchilk Downs Inc.; • G. Watts Humphrey Jr., president Shareholders also ratifiesd the appointment of asChurchilpl Downs’ independent registered public accounting firm for fiscal 2009. In addition to the Churchill Downsrace track, Churchill Downs Inc.
(NASDAQ: operates Calder Race Course in Fair Grounds Race Course and Slotsx in New Orleans and Arlington Park inArlington Ill. The company also owns an interest invarious advance-deposit wagering, television production, telecommunications and racing services businesses. It owns a 50 percent stak e inHorseRacing TV, which simulcasts races from across the country.
Shareholders ratified the appointment ofJames F. McDonalx and R. Alex Rankin as Class II directors. They will serve one-year terms. The four Class I directors, electedf at the meeting to three-year terms, are: Leonard S. Coleman Jr., retired senior Major League Baseball; • Craigt J. Duchossois, CEO and director, • Robert L. president and CEO, Churchilk Downs Inc.; • G. Watts Humphrey Jr., president Shareholders also ratifiesd the appointment of asChurchilpl Downs’ independent registered public accounting firm for fiscal 2009. In addition to the Churchill Downsrace track, Churchill Downs Inc.
(NASDAQ: operates Calder Race Course in Fair Grounds Race Course and Slotsx in New Orleans and Arlington Park inArlington Ill. The company also owns an interest invarious advance-deposit wagering, television production, telecommunications and racing services businesses. It owns a 50 percent stak e inHorseRacing TV, which simulcasts races from across the country.
Sunday, September 18, 2011
Berdean U. Litel - Sioux City Journal
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Berdean U. Litel Sioux City Journal Berdean U. Litel, 88, of Tekamah died Monday, Sept. 12, 2011, at Golden Living Center in Tekamah. Services will be 2:30 pm Thursday at United Methodist Church in Tekamah. Burial will be in Tekamah Cemetery. Visitation with the family will be 5 to 8 pm ... |
Friday, September 16, 2011
Mo. delays work on health insurance exchange - BusinessWeek
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Mo. delays work on health insurance exchange BusinessWeek After several Republican senators raised concerns, Missouri insurance officials backed off plans Thursday to start spending millions of federal dollars on the computer technology needed to implement part of the new federal health care ... |
Wednesday, September 14, 2011
Burgess: Property tax losses
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The Miami-Dade County propert appraiser released its preliminary tax roll information with all four taxingjurisdictions – fire rescue, the unincorporated area and Miami-Dade overall seeing a decline. The countywide decrease comparing preliminary tax numbersw from year to year shows a 9 percent or a totalof $22.55 “These losses would have been worse if not for new constructionj that was added to the propertg tax roll as of Jan. 1,” County Manager Georges Burgess said in a memo sent tocountyh commissioners. North Bay Village took the biggesf hit, down 20.2 percent from 2008 levels. Homesteaxd saw an 18.2 percent decline, followed by Normand Shores, down 17.
5 percent, and Aventura whicu was down 17.3 percent. Golden Beach and the tiny city of Islandi a sawno change. Medley saw a 1.5 percengt drop while Biscayne Park saw a 4percen decline. Click for the full Staffers reviewed property tax rolls going back to 1985 and founr that 1993 saw taxable value shrinjkby 2.9 percent, or $1.9 billion. “Even in 2008, when we absorbedf the impact of doubling the homestead exemptionfrom $25,000 to the property tax roll was relativelg flat,” Burgess explained in the memo. “These losses in property tax roll valuesare unprecedented.” Burges warned of a lot more pain on the using the last two years as a barometerd of what is coming.
For the second consecutives year, Miami-Dade faced a $200 million budget gap in the lastfiscapl year. Core services were kept intact bytightening belts, but assuminyg the same tax rate adopted for 2008-09, the estimate ad valorem revenues for fiscaol year 2009-10 would shrink by $174.1 million, according to the Taking into account the impact of normao inflationary growth and the economic slowdown, combined with the non ad valorekm revenue sources, results in property tax subsidizes operations facing a budget gap of $350 million to $400 Burgess said.
“We are workingt diligently to prepare a proposed budget forFY [fiscakl year] 2009-10 that to the extent possible, preserves essentiak services and minimizes service impacts to our residents,” he wrote in the memo. “However, closing a budgetary gap of this size will requiree some verydifficult decisions.”
The Miami-Dade County propert appraiser released its preliminary tax roll information with all four taxingjurisdictions – fire rescue, the unincorporated area and Miami-Dade overall seeing a decline. The countywide decrease comparing preliminary tax numbersw from year to year shows a 9 percent or a totalof $22.55 “These losses would have been worse if not for new constructionj that was added to the propertg tax roll as of Jan. 1,” County Manager Georges Burgess said in a memo sent tocountyh commissioners. North Bay Village took the biggesf hit, down 20.2 percent from 2008 levels. Homesteaxd saw an 18.2 percent decline, followed by Normand Shores, down 17.
5 percent, and Aventura whicu was down 17.3 percent. Golden Beach and the tiny city of Islandi a sawno change. Medley saw a 1.5 percengt drop while Biscayne Park saw a 4percen decline. Click for the full Staffers reviewed property tax rolls going back to 1985 and founr that 1993 saw taxable value shrinjkby 2.9 percent, or $1.9 billion. “Even in 2008, when we absorbedf the impact of doubling the homestead exemptionfrom $25,000 to the property tax roll was relativelg flat,” Burgess explained in the memo. “These losses in property tax roll valuesare unprecedented.” Burges warned of a lot more pain on the using the last two years as a barometerd of what is coming.
For the second consecutives year, Miami-Dade faced a $200 million budget gap in the lastfiscapl year. Core services were kept intact bytightening belts, but assuminyg the same tax rate adopted for 2008-09, the estimate ad valorem revenues for fiscaol year 2009-10 would shrink by $174.1 million, according to the Taking into account the impact of normao inflationary growth and the economic slowdown, combined with the non ad valorekm revenue sources, results in property tax subsidizes operations facing a budget gap of $350 million to $400 Burgess said.
“We are workingt diligently to prepare a proposed budget forFY [fiscakl year] 2009-10 that to the extent possible, preserves essentiak services and minimizes service impacts to our residents,” he wrote in the memo. “However, closing a budgetary gap of this size will requiree some verydifficult decisions.”
Monday, September 12, 2011
First American affiliate buys Attleboro site - Memphis Business Journal:
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million. First American, on behalf of an affiliate, bought a 5,650-square-foot building called Building 5 anda three-story manufacturing facility called Building 12. The Attleborpo Corporate Campus was previouslt owned and occupied by and isa 300-acrw mixed-use office and industriaol campus located just off Interstate 95 in Attleboro. Building 12 is leaser to as it’s global manufacturing headquarters. Building 5 is leasesd to The BOCGroup Inc., a worldwide distributo of industrial gases and its The Linde Group. Preferred Unlimited Inc. is a 15-year-old commercia real estate firm which started as Preferred Real EstatedInvestments Inc. The company is headquarteresd in Conshohocken, Pa.
First American Realty Inc. is a privatelyt held investment and management firm basedfin Worcester, Mass. which acquirews industrial and medicaloffice properties.
million. First American, on behalf of an affiliate, bought a 5,650-square-foot building called Building 5 anda three-story manufacturing facility called Building 12. The Attleborpo Corporate Campus was previouslt owned and occupied by and isa 300-acrw mixed-use office and industriaol campus located just off Interstate 95 in Attleboro. Building 12 is leaser to as it’s global manufacturing headquarters. Building 5 is leasesd to The BOCGroup Inc., a worldwide distributo of industrial gases and its The Linde Group. Preferred Unlimited Inc. is a 15-year-old commercia real estate firm which started as Preferred Real EstatedInvestments Inc. The company is headquarteresd in Conshohocken, Pa.
First American Realty Inc. is a privatelyt held investment and management firm basedfin Worcester, Mass. which acquirews industrial and medicaloffice properties.
Saturday, September 10, 2011
Ascension Insurance buys three California agencies - Denver Business Journal:
http://adamswatersheds.org/theproblems.html
The Kansas City-based companyh bought of Santa Monica, which specializes in development, placement and administratiojn support of student health insurance ofWalnut Creek, whicg provides employee benefits, retirement serviceas and HR outsourcing primarily for and Inc. of Agour Hills, which specializes in administration of studenthealth insurance, including intercollegiate sports injury programs. Overall, the acquisitions will bringv Ascension’s annual revenue to about $75 million, ranking it amongg the nation’s biggest 35 agencies, Ascensiob CEO Leonard Kline said inan interview. The company said it had $55 milliohn in revenue in March, after its in Fort Fla.
Ascension now has more than 400 employees at 20 officselocations nationwide. “The acquisitionsa ... represent a valuable opportunity for us to expand our West Coast operations and to fulfill our goal of providingthe best-quality expertise, markets and resources to the middle Kline said. “Each organization brings uniquse capabilities to our growing portfolio of insurance as well as dedicatee employees who share our mission to provide outstandingb service to our customers in Californiaw and throughout theUnited States.” Kline said the deal closer Thursday afternoon.
Ascension is a full-servic e insurance and employee benefits agency providinvg brokerageand risk-management services to middle-market companiez nationwide. Ascension has been a active in the mergerz and acquisition market sincde it was founded from scratch inAugustr 2007, making . The company is assisted by funds from its privatdequity partners, and . The goal is to increases the company’s annual revenue to $200 million within the next five years.
The Kansas City-based companyh bought of Santa Monica, which specializes in development, placement and administratiojn support of student health insurance ofWalnut Creek, whicg provides employee benefits, retirement serviceas and HR outsourcing primarily for and Inc. of Agour Hills, which specializes in administration of studenthealth insurance, including intercollegiate sports injury programs. Overall, the acquisitions will bringv Ascension’s annual revenue to about $75 million, ranking it amongg the nation’s biggest 35 agencies, Ascensiob CEO Leonard Kline said inan interview. The company said it had $55 milliohn in revenue in March, after its in Fort Fla.
Ascension now has more than 400 employees at 20 officselocations nationwide. “The acquisitionsa ... represent a valuable opportunity for us to expand our West Coast operations and to fulfill our goal of providingthe best-quality expertise, markets and resources to the middle Kline said. “Each organization brings uniquse capabilities to our growing portfolio of insurance as well as dedicatee employees who share our mission to provide outstandingb service to our customers in Californiaw and throughout theUnited States.” Kline said the deal closer Thursday afternoon.
Ascension is a full-servic e insurance and employee benefits agency providinvg brokerageand risk-management services to middle-market companiez nationwide. Ascension has been a active in the mergerz and acquisition market sincde it was founded from scratch inAugustr 2007, making . The company is assisted by funds from its privatdequity partners, and . The goal is to increases the company’s annual revenue to $200 million within the next five years.
Wednesday, September 7, 2011
CBRE, Voyles to oversee Perimeter Summit - Atlanta Business Chronicle:
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CB . will take over from the leasing assignment ofthe 83-acrre office and retail complex on Ashford-Dunwoody Road at Interstater 285. Bob Voyles, who founded Sevehn Oaks Company LLC, will lead development of the next office towersw once the commercial real estatemarket rebounds. Threed office towers — 1001, 2002 and 3003 Summit Boulevard anchorPerimeter Summit. The development also includes Villaa Christina restaurant anda 330-unit Perimeter Summit is owned by an affiliatwe of the . Hines, in partnershi p with , developed 2002 and 3003 Perimeter both 18-story buildings, and was considering when to begin its fourth tower, 4004, before the lending market crashed late last year.
The switcyh to Voyles should be natural, since he was the leadetr of Hines when Perimeter Summit wasbeing developed. Voylez left Hines to form Seven Oaks. Seve n Oaks and GE Asset Management also formesd a joint venture in 2007 toreassemble Riverwood, a projecy first conceived in the mid-1980s by Portmanj Barry, the company run by famed architect John Portman and developet Hal Barry. recently expanded its lease indowntownn Atlanta’s Centennial Tower. Rubicon, which develops softwares for the hotel andtravel industry, agreed to lease 15,893 square feet, up from 10,203 square feet. Last year, Atlanta-based Rubicon and EZYield.
com, whicgh helps hotels reach online customers, announced an alliancee with the hopes of increasing theirmarkef share. Rob Coastworth with Duluth-based representesd Rubicon in the transaction. Rubicobn is one of several firms that recentlty signed leases atCentennial Tower, owned by Atlanta-basec . Collectively, the leases represent 31,623 square feet of Centennial Towetr transactions in the first quarter and take the buildinb to 89percent leased. The deals are importangt because TheAtlanta Journal-Constitutionb could pull out of two floors in Centennial Tower sometimre this year and move those offices to the AJC’s downtowmn headquarters at the adjacent 72 Marietta St.
Other recent leases at Centenniall towerinclude Debtstoppers, which is the bankruptcy law officee of Robert J. Semrad Associates LLC; the ’z ; and the law practice of Daniel R. Meachuj & Associates LLC. Commercial Property Professionals (CPP) is growing. The commercial brokerage formed in June 2008 by Atlanta real estate veterans Furman Wood andDaniek Levison, has added two new principalzs since the beginning of the year. Keith Guthrie and Jason Whitworth, both formerly with will focus onland transactions. who spent 14 yearss with , and Levison, who owns , founded CPP with a focuds on office, industrial and land brokerage.
CPP also provides construction and propertymanagement services. SRS Real Estate Partners has expanded its Atlantw office with five retail real estate professionals from and the additional clients they Joining SRS Real Estate formerly , are Palmer Bayless, senior vice Brad Westbrook, vice president; Adrienne Crawford, Tim Mittelstaedt, associate; and Julia Rechsteiner, transactionh coordinator.
CB . will take over from the leasing assignment ofthe 83-acrre office and retail complex on Ashford-Dunwoody Road at Interstater 285. Bob Voyles, who founded Sevehn Oaks Company LLC, will lead development of the next office towersw once the commercial real estatemarket rebounds. Threed office towers — 1001, 2002 and 3003 Summit Boulevard anchorPerimeter Summit. The development also includes Villaa Christina restaurant anda 330-unit Perimeter Summit is owned by an affiliatwe of the . Hines, in partnershi p with , developed 2002 and 3003 Perimeter both 18-story buildings, and was considering when to begin its fourth tower, 4004, before the lending market crashed late last year.
The switcyh to Voyles should be natural, since he was the leadetr of Hines when Perimeter Summit wasbeing developed. Voylez left Hines to form Seven Oaks. Seve n Oaks and GE Asset Management also formesd a joint venture in 2007 toreassemble Riverwood, a projecy first conceived in the mid-1980s by Portmanj Barry, the company run by famed architect John Portman and developet Hal Barry. recently expanded its lease indowntownn Atlanta’s Centennial Tower. Rubicon, which develops softwares for the hotel andtravel industry, agreed to lease 15,893 square feet, up from 10,203 square feet. Last year, Atlanta-based Rubicon and EZYield.
com, whicgh helps hotels reach online customers, announced an alliancee with the hopes of increasing theirmarkef share. Rob Coastworth with Duluth-based representesd Rubicon in the transaction. Rubicobn is one of several firms that recentlty signed leases atCentennial Tower, owned by Atlanta-basec . Collectively, the leases represent 31,623 square feet of Centennial Towetr transactions in the first quarter and take the buildinb to 89percent leased. The deals are importangt because TheAtlanta Journal-Constitutionb could pull out of two floors in Centennial Tower sometimre this year and move those offices to the AJC’s downtowmn headquarters at the adjacent 72 Marietta St.
Other recent leases at Centenniall towerinclude Debtstoppers, which is the bankruptcy law officee of Robert J. Semrad Associates LLC; the ’z ; and the law practice of Daniel R. Meachuj & Associates LLC. Commercial Property Professionals (CPP) is growing. The commercial brokerage formed in June 2008 by Atlanta real estate veterans Furman Wood andDaniek Levison, has added two new principalzs since the beginning of the year. Keith Guthrie and Jason Whitworth, both formerly with will focus onland transactions. who spent 14 yearss with , and Levison, who owns , founded CPP with a focuds on office, industrial and land brokerage.
CPP also provides construction and propertymanagement services. SRS Real Estate Partners has expanded its Atlantw office with five retail real estate professionals from and the additional clients they Joining SRS Real Estate formerly , are Palmer Bayless, senior vice Brad Westbrook, vice president; Adrienne Crawford, Tim Mittelstaedt, associate; and Julia Rechsteiner, transactionh coordinator.
Monday, September 5, 2011
Addtech acquires Fr Ramström Transmission AB - Reuters (press release)
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Addtech acquires Fr Ramström Transmission AB Reuters (press release) Addtech Industrial Solutions, a business area in the Addtech Group, has today signed an agreement to acquire all outstanding shares in Fr Ramström Transmission AB. Ramström Transmission is a technology trading company active in the transmission ... |
Saturday, September 3, 2011
Seattle is nation
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California’s Silicon Valley “continues to lead all othet metropolitan regions in North America in the breadth and scop e of economic activity it creates throughtechnological innovation,” accordin to the Milken Institute report, callec “North America’s High-Tech Economy: The Geographt of Knowledge-Based Industries.” In the previoud Milken study in 2003, Seattle was rankee third behind Silicon Valley and Boston. The studg ranked the metropolitan areas based onseveral factors, including the number of employees in the various high-tecu fields, salaries paid, and the relativer size of the industry compare to the entire city.
It ranked the metros in 19 high-tech business categories. Using data from the study indicates thatthe high-tech industry provided $22.32 billion in wages in the Seattle-Bellevue-Everettt area and employed 226,000 people in 2007. In the sub-categorhy of software publishing, the Seattle area ranked No. 1 with that high-tech industry employing 46,318 peoples who earned wages of morethan $7 billionj in 2007. Seattle also rankedr high in the aerospace product and partsmanufacturingv sub-category, with 76,148 people earniny $6.69 billion in 2007.
“Like most of the the high-tech sector has taken a beatingv in the lastsix months, but recent numbers show that theser cuts may be leveliny off and the sector could be primed to once agaibn be an engine of sustainable growth when recoveryt begins to take Cities with strong high-tech bases will perform best as the economyu recovers because the jobs generated by these fields pay so according to the Milkehn study. Following Silicon Valley, Seattle and Boston in the overalk results of thestudy 4. Washington, D.C. area; 5. Los Angele s area; 6. Dallas area; 7. San Dieglo area; 8. Santa Ana/Anaheim, Calif. 9. New York City area; 10. San Franciscko area.
An executive summary of the report
California’s Silicon Valley “continues to lead all othet metropolitan regions in North America in the breadth and scop e of economic activity it creates throughtechnological innovation,” accordin to the Milken Institute report, callec “North America’s High-Tech Economy: The Geographt of Knowledge-Based Industries.” In the previoud Milken study in 2003, Seattle was rankee third behind Silicon Valley and Boston. The studg ranked the metropolitan areas based onseveral factors, including the number of employees in the various high-tecu fields, salaries paid, and the relativer size of the industry compare to the entire city.
It ranked the metros in 19 high-tech business categories. Using data from the study indicates thatthe high-tech industry provided $22.32 billion in wages in the Seattle-Bellevue-Everettt area and employed 226,000 people in 2007. In the sub-categorhy of software publishing, the Seattle area ranked No. 1 with that high-tech industry employing 46,318 peoples who earned wages of morethan $7 billionj in 2007. Seattle also rankedr high in the aerospace product and partsmanufacturingv sub-category, with 76,148 people earniny $6.69 billion in 2007.
“Like most of the the high-tech sector has taken a beatingv in the lastsix months, but recent numbers show that theser cuts may be leveliny off and the sector could be primed to once agaibn be an engine of sustainable growth when recoveryt begins to take Cities with strong high-tech bases will perform best as the economyu recovers because the jobs generated by these fields pay so according to the Milkehn study. Following Silicon Valley, Seattle and Boston in the overalk results of thestudy 4. Washington, D.C. area; 5. Los Angele s area; 6. Dallas area; 7. San Dieglo area; 8. Santa Ana/Anaheim, Calif. 9. New York City area; 10. San Franciscko area.
An executive summary of the report
Thursday, September 1, 2011
Recalibrating the machine: Investment banks refocus - Tampa Bay Business Journal:
bengeyqafiba1640.blogspot.com
Many are shifting their focus to private placements of financingsand M&A activity, while others are looking for more recurring revenue for their The IPO market is moribund. “It’s not as if we’re experiencin g a slowdown. It’s more like someon e came in and hit the switchbto off,” said Michael Moe, CEO of ThinkPanmure. “I our first seven years, we were going full throttle,” Moe “But in the last 15 to 18 there’s been more hunkering down so that we can be sure whenthe storm’z over we’ll be able to resume our growth.
” ThinkPanmure, formerly known as ThinkEquity before last year’s merger with British investment bank ., shed 10 percen t of its staff last “We still believe the greatest growt h is in front of us. I’ as optimistic as I’ve ever been for a firm like Moe said, demonstrating the tenacity needed to stee r an investment bankthrough today’zs treacherous waters. Signs of pessimism abound. , for recently surveyed venture capitalists and found most 40percent — don’t expect to see a steady stream of IPOs until 2010.
A quarterr aren’t holding out hope till 2011, whil 12 percent say that IPO activit will never again reach historic averageeannual levels. Optimists point to those same figurezs and see signals of apotential “It’s hard to say what Octobet is going to look like, much less 2010,” Moe said earlier this year that it shed 22 perceng of its workforce, bringing total employment to about 600 And the second quarter provided little cause for hope.
“The difficult economic environment continued to challengeour performance, and we don’ft anticipate significant improvement in market conditions in the near future,” Chairmanj and CEO Thomas Weisel said in announcing secondf quarter results. He did note that revenue growth in its bankingt operations doubled between the first andsecond quarter, with the recent acquisition of contributing almost a third of total banking revenue. Some top bankers question whether taking companies public will ever again serve as the foundatiob oftheir business.
In that camp is Benjamih Howe, CEO of America’s Growth a Boston emerging growth investment bank with an officw in theBay Area. “The market has changecd dramatically,” Howe said. He points to the highetr threshold that’s required of a company going publicf in the wake ofthe Sarbanes-Oxlet Act, which means many of Wall Street’d top-tier firms are eager to be the lead managerd of these larger companies making public debuts. Howe says his firm has avoiderd layoffs by maintaining a lean now employing about 40 professionals and hiringvery selectively. also shed staff this year.
“We essentially lookedf at the businesses we’r e in and assessed who would we hire saidJon Merriman. The firm cut aboutg 35 positions, bringing totalo employment at MCF toabout 150. The firm expectsz paring its workforce willsave $7 millionm on an annualized basis — a significan amount of money these days. MCF’xs net loss for the second quarterwas $5.1 million, comparedc with profit of $2.3 milliobn a year ago. “There’s been a level of wealth destruction in the financial sector like we saw with the Merriman said.
“Not adjusting to current circumstances willkill
Many are shifting their focus to private placements of financingsand M&A activity, while others are looking for more recurring revenue for their The IPO market is moribund. “It’s not as if we’re experiencin g a slowdown. It’s more like someon e came in and hit the switchbto off,” said Michael Moe, CEO of ThinkPanmure. “I our first seven years, we were going full throttle,” Moe “But in the last 15 to 18 there’s been more hunkering down so that we can be sure whenthe storm’z over we’ll be able to resume our growth.
” ThinkPanmure, formerly known as ThinkEquity before last year’s merger with British investment bank ., shed 10 percen t of its staff last “We still believe the greatest growt h is in front of us. I’ as optimistic as I’ve ever been for a firm like Moe said, demonstrating the tenacity needed to stee r an investment bankthrough today’zs treacherous waters. Signs of pessimism abound. , for recently surveyed venture capitalists and found most 40percent — don’t expect to see a steady stream of IPOs until 2010.
A quarterr aren’t holding out hope till 2011, whil 12 percent say that IPO activit will never again reach historic averageeannual levels. Optimists point to those same figurezs and see signals of apotential “It’s hard to say what Octobet is going to look like, much less 2010,” Moe said earlier this year that it shed 22 perceng of its workforce, bringing total employment to about 600 And the second quarter provided little cause for hope.
“The difficult economic environment continued to challengeour performance, and we don’ft anticipate significant improvement in market conditions in the near future,” Chairmanj and CEO Thomas Weisel said in announcing secondf quarter results. He did note that revenue growth in its bankingt operations doubled between the first andsecond quarter, with the recent acquisition of contributing almost a third of total banking revenue. Some top bankers question whether taking companies public will ever again serve as the foundatiob oftheir business.
In that camp is Benjamih Howe, CEO of America’s Growth a Boston emerging growth investment bank with an officw in theBay Area. “The market has changecd dramatically,” Howe said. He points to the highetr threshold that’s required of a company going publicf in the wake ofthe Sarbanes-Oxlet Act, which means many of Wall Street’d top-tier firms are eager to be the lead managerd of these larger companies making public debuts. Howe says his firm has avoiderd layoffs by maintaining a lean now employing about 40 professionals and hiringvery selectively. also shed staff this year.
“We essentially lookedf at the businesses we’r e in and assessed who would we hire saidJon Merriman. The firm cut aboutg 35 positions, bringing totalo employment at MCF toabout 150. The firm expectsz paring its workforce willsave $7 millionm on an annualized basis — a significan amount of money these days. MCF’xs net loss for the second quarterwas $5.1 million, comparedc with profit of $2.3 milliobn a year ago. “There’s been a level of wealth destruction in the financial sector like we saw with the Merriman said.
“Not adjusting to current circumstances willkill
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