acklinegymejac1362.blogspot.com
Almost all among a cross-section of companies operatingv in the Pittsburgh region finished Mondau trading on positive ground with registering the biggestpercentages gain. U.S. Steel ( :X) rose 8.04 percent to $36.823 per share. (NYSE:AA), up 6.72 percent to $9.8r4 (NYSE:AYE), up 4.96 percent to $26.24 (NYSE:ATI), up 8.90 percent to $38.56 (NYSE:AEO), up 3.92 percent to $15.39 down 0.50 percent to $27.64 (NYSE:CNX), up 5.81 percent to $43.545 Dick’s Sporting Goods (NYSE:DKS), up 4.78 percentf to $18.65 (NYSE:FII), up 2.84 percent to $25.7e4 (NYSE:FNFG), up 0.24 percent to $12.71 (NYSE:HNZ), up 1.42 percent to $37.10 (NYSE:KMT), up 5.88 percent to $19.99 (NYSE:KOP), up 7.
75 percenyt to $27.25 (Nasdaq:MYL), up 3.10 percenft to $13.62 (NYSE:PNC), down 1.78 percent to $44.7 (NYSE:PPG), up 3.53 percent to $46.0 (NYSE:WAB), up 2.55 percent to $36.509 (NYSE:WCC), up 3.89 percent to $27.787
Friday, March 30, 2012
Wednesday, March 28, 2012
Park Sterling, Bank of Commerce add key execs - Charlotte Business Journal:
fabyqyku.blogspot.com
In his new post, Stewarrt will be responsible forPark Sterling’s Charlotte banking team, treasury management and two Charlotted branches. Those offices are at 1043 E. Moreheaed St. and 6816 Morrison Blvd. in Stewart previously was senior vice presidenf forcommercial lending. The 28-year banking veteran joinexd Park Sterling in July 2006 from Regions Bank and workesd for Park Meridian Bank before its acquisition by Regions. Stewart is a graduate of UNC Chapel Also, Charlotte-based has appointed Rich Harris asvice president/portfoliop management officer. Harris is the former credift underwriting manager with Aquesta Bank and a formefr senior analyst at FirstfCharter Corp.
The Concord nativee is a graduate of UNC Bank vet tochaie N.C. association Simpson “Skip” Brown, the president and chief executiveof , has been namedc chairman of the N.C. Bankers Association. He succeeds Kim Price, chief executive of Gastonia’zs Citizens South Bank. Brown, a graduates of Wake Forest is aformer All-American basketbalkl player and NBA player with the Bosto n Celtics. He began his banking careef with First Federal Savingsof Winston-Salem and spent a numberf of years with Charlotte-basex NationsBank Corp. and its successor, Bank of America before starting TriStone Community Bankin Winston-Salek in 2004. TriStone is beinvg acquired byof Va. invests $3.
7 million Local private-equity group Plexu s Capital hasinvested $3.7 million in for its acquisitiob of MD On-line is baseds in Parsippany, N.J. It’s a health-carwe technology company that works closely with payers and clearinghouses to facilitatethe insurance-claims procesx by increasing and facilitating electronic claims. MD On-line offers physicians a Web-based portal to submit claims to insurance companies andothe payers.
Medical Claim’s businesse model is similar to MD The companies say the combinefd firm will be a market leader forsmall health-care The investment is the 23rd by Plexua and brings its total capital invested to $72
In his new post, Stewarrt will be responsible forPark Sterling’s Charlotte banking team, treasury management and two Charlotted branches. Those offices are at 1043 E. Moreheaed St. and 6816 Morrison Blvd. in Stewart previously was senior vice presidenf forcommercial lending. The 28-year banking veteran joinexd Park Sterling in July 2006 from Regions Bank and workesd for Park Meridian Bank before its acquisition by Regions. Stewart is a graduate of UNC Chapel Also, Charlotte-based has appointed Rich Harris asvice president/portfoliop management officer. Harris is the former credift underwriting manager with Aquesta Bank and a formefr senior analyst at FirstfCharter Corp.
The Concord nativee is a graduate of UNC Bank vet tochaie N.C. association Simpson “Skip” Brown, the president and chief executiveof , has been namedc chairman of the N.C. Bankers Association. He succeeds Kim Price, chief executive of Gastonia’zs Citizens South Bank. Brown, a graduates of Wake Forest is aformer All-American basketbalkl player and NBA player with the Bosto n Celtics. He began his banking careef with First Federal Savingsof Winston-Salem and spent a numberf of years with Charlotte-basex NationsBank Corp. and its successor, Bank of America before starting TriStone Community Bankin Winston-Salek in 2004. TriStone is beinvg acquired byof Va. invests $3.
7 million Local private-equity group Plexu s Capital hasinvested $3.7 million in for its acquisitiob of MD On-line is baseds in Parsippany, N.J. It’s a health-carwe technology company that works closely with payers and clearinghouses to facilitatethe insurance-claims procesx by increasing and facilitating electronic claims. MD On-line offers physicians a Web-based portal to submit claims to insurance companies andothe payers.
Medical Claim’s businesse model is similar to MD The companies say the combinefd firm will be a market leader forsmall health-care The investment is the 23rd by Plexua and brings its total capital invested to $72
Monday, March 26, 2012
Boulder County crews douse 2 wildfires; 'fire weather watch' issued for Monday - Colorado Daily
moffaiqohegesa1490.blogspot.com
Boulder County crews douse 2 wildfires; 'fire weather watch' issued for Monday Colorado Daily The causes of both wildfires remain under investigation. The first blaze, a grass fire reported at 3:06 pm, burned about 10 feet by 10 feet at the 3.5 mile marker of Lefthand Canyon. The second, dubbed the Overland Fire and reported at 3:56 pm, ... |
Saturday, March 24, 2012
Vic Ciuffetelli Returns to ActionCOACH to Lead and Develop the Australian Market
yfimuna.wordpress.com
LAS VEGAS, June 10 /PRNewswire -- After spending six yearsz as the CEOat ActionCOACH's Global returns to the company as the leader of the executivs team in Australia. ActionCOACH founder and current CEO welcomesz him back to the organization as the leadee of theAustralian market. to lead the team," Sugars said. "I believe six years at the top in any organizatiob is ample time to leave yourmark - after whichh you need to rejuvenate yourself in another environment so you remainb fresh as a leader, " Ciuffetelli said. "As the leadefr of the executive teamin I'm joining a team that is alreadgy strong and my aim is to make it even more robust.
" Based out of Ciuffetelli will be travelling extensively to meet with business owners and business groups in hisnew appointment. Befores his tenure as ActionCOACH CEO, six yearxs ago, Ciuffetelli worked in the localk industry forfour years. He also spent 15 years as a multi-site businesws owner. "I consider this opportunity to be the best way of makingf a strong impact on the Australian business I have returned with the aim of building as the numbef one franchise inthe region, he said.
The franchise scenes in Australia, Ciuffetelli believes, is more buoyanty now than it has been forseveral "The economic downturn has unfortunately resulted in more people losing their jobs to get into business for themselvew - the idea of being masters of theird destiny is more attractive to them," he said. Recognizing a huge need for help inthe small-to-medium sizeed business sector in Australia, Ciuffetelli sees many opportunities for the growth of coaching in this "The need for business owners to be betterd educated about the game of business has always been Most business owners are hard workingv and good at what they do but haven't had the time or commitmengt to grow their expertise in running their businesses," he Today, entrepreneurs are increasingly reachingt out for help and busines s coaching is filling a crucial need - According to a survey carried out by the ActionCOACu franchise, one in five busineses owners will consider using the services of a Businessx Coach.
"It is not a sign of weaknesss to ask for help but a sign of strength and acknowledgemenf that things can bedone better," Ciuffetelli said. "Business coaching adds value to the the business andthe community." ActionCOACH is the world's numberd one business coaching and executivd coaching firm, with more than 1,000 officex in 26 countries. To learn go to actioncoach.com.
LAS VEGAS, June 10 /PRNewswire -- After spending six yearsz as the CEOat ActionCOACH's Global returns to the company as the leader of the executivs team in Australia. ActionCOACH founder and current CEO welcomesz him back to the organization as the leadee of theAustralian market. to lead the team," Sugars said. "I believe six years at the top in any organizatiob is ample time to leave yourmark - after whichh you need to rejuvenate yourself in another environment so you remainb fresh as a leader, " Ciuffetelli said. "As the leadefr of the executive teamin I'm joining a team that is alreadgy strong and my aim is to make it even more robust.
" Based out of Ciuffetelli will be travelling extensively to meet with business owners and business groups in hisnew appointment. Befores his tenure as ActionCOACH CEO, six yearxs ago, Ciuffetelli worked in the localk industry forfour years. He also spent 15 years as a multi-site businesws owner. "I consider this opportunity to be the best way of makingf a strong impact on the Australian business I have returned with the aim of building as the numbef one franchise inthe region, he said.
The franchise scenes in Australia, Ciuffetelli believes, is more buoyanty now than it has been forseveral "The economic downturn has unfortunately resulted in more people losing their jobs to get into business for themselvew - the idea of being masters of theird destiny is more attractive to them," he said. Recognizing a huge need for help inthe small-to-medium sizeed business sector in Australia, Ciuffetelli sees many opportunities for the growth of coaching in this "The need for business owners to be betterd educated about the game of business has always been Most business owners are hard workingv and good at what they do but haven't had the time or commitmengt to grow their expertise in running their businesses," he Today, entrepreneurs are increasingly reachingt out for help and busines s coaching is filling a crucial need - According to a survey carried out by the ActionCOACu franchise, one in five busineses owners will consider using the services of a Businessx Coach.
"It is not a sign of weaknesss to ask for help but a sign of strength and acknowledgemenf that things can bedone better," Ciuffetelli said. "Business coaching adds value to the the business andthe community." ActionCOACH is the world's numberd one business coaching and executivd coaching firm, with more than 1,000 officex in 26 countries. To learn go to actioncoach.com.
Wednesday, March 21, 2012
Trickett realises London dream - ABC Online
lebexab.wordpress.com
CTV.ca | Trickett realises London dream ABC Online Libby Trickett ensured a happy ending to one of swimming's comeback stories after booking her ticket to London at the Olympic swimming trials in Adelaide. Needing a top six finish in the 100 metres freestyle to be considered for selection as a relay ... Trickett realises London Olympic dream |
Monday, March 19, 2012
Gone: Bilingual call center Sento, 300+ jobs - New Mexico Business Weekly:
gonyzyf.wordpress.com
had planned to hire 800 employeesd forits center, but its local offices have been shuttered and the phone is disconnected. The phons at its Orem, Utah headquarters also is non-functioning. Terri a real estate broker with , who represents the owne r of 505Marquette NW, where Sento leasedc 45,000 square feet, said the landlord is now doing direct leases on the space. The New Mexico call center, like other call centers Sento ran, was losinvg significant amountsof money, said Dan CEO of Total Outsourced which bought Sento’s assets after they were foreclosef upon by Silicon Valley Sento reportedly tried to negotiate with a client to elevatr the amount of money it paid for Sento’sw services, but was unsuccessful, said who was named to Sento’s board of directorxs in 2008.
The company ceasedr operationsin March. McReynolds said the company’s demise was the resultg of a bad econom andbad management.
had planned to hire 800 employeesd forits center, but its local offices have been shuttered and the phone is disconnected. The phons at its Orem, Utah headquarters also is non-functioning. Terri a real estate broker with , who represents the owne r of 505Marquette NW, where Sento leasedc 45,000 square feet, said the landlord is now doing direct leases on the space. The New Mexico call center, like other call centers Sento ran, was losinvg significant amountsof money, said Dan CEO of Total Outsourced which bought Sento’s assets after they were foreclosef upon by Silicon Valley Sento reportedly tried to negotiate with a client to elevatr the amount of money it paid for Sento’sw services, but was unsuccessful, said who was named to Sento’s board of directorxs in 2008.
The company ceasedr operationsin March. McReynolds said the company’s demise was the resultg of a bad econom andbad management.
Saturday, March 17, 2012
Portland-area economy weakens Q1 - San Francisco Business Times:
yvejodo.wordpress.com
percent, an accelerating decline compared tothe 13.5 percen (revised) drop in the fourth quarted of 2008. Of the nine indicators included inthe index, six declined significantly, said Tim Duy, director of the Oregonb Economic Forum and a UO adjunct assistant Labor market trends continue to deteriorate. Help-wantex advertising in The Oregonian fell during the consistent with a decrease inhiring Similarly, initial unemployment claims continued to rise, reaching a montyh average of 16,819 claims. Non-farm payrollse continue to fall as under the dual forces of increased layoffs and slackhirinyg demand; payrolls stand 3.9 percentr lower than year-ago levels.
The expected slowdown in lodging activity finally came to said Duy,with estimated lodging revenure (seasonally and inflation adjusted) down 15.4 percengt from the fourth quarter. Passengert traffic at Portland International Airport was effectively unchangesd from theprevious quarter. Housing marketxs were generally weaker. Housing sales were effectively unchanged, whilr average days-on-market fell, partially offsetting a particularly sharp rise in the fourth quarter of attributable to the intensification of the financia l crisis and unusualweathert conditions, said Duy. Ongoing declines in the in point to continued economicv deterioration in thePortland region, he added.
Signsw of stabilization are difficult to he said; expectations for a firming of economic activity in the seconx half of 2009 are largely based on some tentative signs of stability in the national economy. Moreover, the impacgt of fiscal and monetaryg policies should become more evident as theyear progresses. the pace of the recovery is expected to be subduec as the economy adjusts to an environment less dependenton debt-supporteed consumer spending growth.
percent, an accelerating decline compared tothe 13.5 percen (revised) drop in the fourth quarted of 2008. Of the nine indicators included inthe index, six declined significantly, said Tim Duy, director of the Oregonb Economic Forum and a UO adjunct assistant Labor market trends continue to deteriorate. Help-wantex advertising in The Oregonian fell during the consistent with a decrease inhiring Similarly, initial unemployment claims continued to rise, reaching a montyh average of 16,819 claims. Non-farm payrollse continue to fall as under the dual forces of increased layoffs and slackhirinyg demand; payrolls stand 3.9 percentr lower than year-ago levels.
The expected slowdown in lodging activity finally came to said Duy,with estimated lodging revenure (seasonally and inflation adjusted) down 15.4 percengt from the fourth quarter. Passengert traffic at Portland International Airport was effectively unchangesd from theprevious quarter. Housing marketxs were generally weaker. Housing sales were effectively unchanged, whilr average days-on-market fell, partially offsetting a particularly sharp rise in the fourth quarter of attributable to the intensification of the financia l crisis and unusualweathert conditions, said Duy. Ongoing declines in the in point to continued economicv deterioration in thePortland region, he added.
Signsw of stabilization are difficult to he said; expectations for a firming of economic activity in the seconx half of 2009 are largely based on some tentative signs of stability in the national economy. Moreover, the impacgt of fiscal and monetaryg policies should become more evident as theyear progresses. the pace of the recovery is expected to be subduec as the economy adjusts to an environment less dependenton debt-supporteed consumer spending growth.
Thursday, March 15, 2012
Jaeger makes statewide vote on Fighting Sioux official - Crookston Daily Times
domnaofyvisyhojo.blogspot.com
Fox News | Jaeger makes statewide vote on Fighting Sioux official Crookston Daily Times By Dale Wetzel, AP Writer Secretary of State Al Jaeger on Tuesday ordered a statewide vote on a law that requires the University of North Dakota to keep its Fighting Sioux athletics nickname and an American Indian sports logo. Voters to decide on University of North Dakota's Fighting Sioux nickname ND Supreme Court to hear Fighting Sioux case North Dakota Voters to Decide on Fighting Sioux Nickname |
Tuesday, March 13, 2012
Federal Reserve takes no new action despite job gains - USA TODAY
ukatekexo.wordpress.com
USA TODAY | Federal Reserve takes no new action despite job gains USA TODAY WASHINGTON (AP) รข€" The Federal Reserve offered a more positive view of the economy Tuesday after a burst of hiring since its most recent meeting in January, and the central bank held off adding to or subtracting from current efforts to boost the ... Fed Stands Pat |
Sunday, March 11, 2012
U.S. Stocks Advance as Greece Moves Closer to Completing Swap - San Francisco Chronicle
ogarawo.wordpress.com
Globe and Mail | U.S. Stocks Advance as Greece Moves Closer to Completing Swap San Francisco Chronicle March 8 (Bloomberg) -- US stocks advanced, sending the Standard & Poor's 500 Index higher for a second straight day, as Greece moved closer to completing its debt swap. Morgan Stanley and Citigroup Inc. increased at least 1.5 percent, following a r » |
Friday, March 9, 2012
Solar + tunes = energy efficient concert series - San Antonio Business Journal:
Klimaanlagen fuer Zuhause
For the last few Wednesday evenings, popular acts like Del Nelo and Ozomatli have rocker Republic Square Park while sharing the spotlight with an unlikelyperformer — solar power. The Solaer Powered Concert Series isa new, free music seriesd created by Greg Henry, of Pro Show and event production veteram Marsha Milam that places solar powe r on display. This is the firstr solar powered concert series for who felt that Austin would be the ideal placw to test such Marsha Milam Musicproduce KGSR’s “Unplugged at the Grove” and otherd concerts throughout Texas. “Austin is such a green city itself, the residents are environmentally Milam said.
“I do a number of musi series and I thought Austin would be the placs toembrace this.” To achieve the goal of cleanj power, the downtown park is outfitted with solar powerexd sound systems and lighting systems with LED lights. Milam decline to disclose how much has been investedf inthe carbon-neutral concert series, saying only that costsa are about 25 percent more than a typical concery series. “Our goal for this was to provre that we cando it,” Milamj said, conceding that she didn’t start marketinh the series until the seconxd show to make sure that the equipment functionedr properly.
“What I’ve noticed is that the energy isso clean, and it makes a difference. There’s no stagr hum,” she said. “That’s great for the audienc and forthe artists.” Milam tappedx Austin-based Sustainable Waves, a provider of solar powered sound, light and productionj equipment, for the concert series. Sustainable Wavez also has a sales office inSan Diego, Calif. Cody of Sustainable Waves, said that the company’s servicesx were utilized at several events durin gthis year’s SXSW Music Festival.
It’z also brought its solar power equipment toLas Vegas-based N9NE Group’s Vans Warped Tour and the New Belgium Brewery’xs Tour de Fat. For the Solar Powedr Concert Series, Sustainable Wave’s utilized 44,000 watt PA systems. Sponsorship for this year’ws Solar Powered series was on thelightet side, but Milam said that she’a hearing positive feedback from prospective sponsors who want to be associater with a green music “This is our vision. You have to get out there and go througg the labor pains and find out what works and what she said.
“Our goal is very clear; This isn’tf a one year thing for The concert seriesis free, but donationa are being accepted for Blue Dog Rescue, an Austin-area dog fosted organization. There are two shows left, Fastball and The Black and Whitwe Years onJune 10, and Arc Angels on June 24.
For the last few Wednesday evenings, popular acts like Del Nelo and Ozomatli have rocker Republic Square Park while sharing the spotlight with an unlikelyperformer — solar power. The Solaer Powered Concert Series isa new, free music seriesd created by Greg Henry, of Pro Show and event production veteram Marsha Milam that places solar powe r on display. This is the firstr solar powered concert series for who felt that Austin would be the ideal placw to test such Marsha Milam Musicproduce KGSR’s “Unplugged at the Grove” and otherd concerts throughout Texas. “Austin is such a green city itself, the residents are environmentally Milam said.
“I do a number of musi series and I thought Austin would be the placs toembrace this.” To achieve the goal of cleanj power, the downtown park is outfitted with solar powerexd sound systems and lighting systems with LED lights. Milam decline to disclose how much has been investedf inthe carbon-neutral concert series, saying only that costsa are about 25 percent more than a typical concery series. “Our goal for this was to provre that we cando it,” Milamj said, conceding that she didn’t start marketinh the series until the seconxd show to make sure that the equipment functionedr properly.
“What I’ve noticed is that the energy isso clean, and it makes a difference. There’s no stagr hum,” she said. “That’s great for the audienc and forthe artists.” Milam tappedx Austin-based Sustainable Waves, a provider of solar powered sound, light and productionj equipment, for the concert series. Sustainable Wavez also has a sales office inSan Diego, Calif. Cody of Sustainable Waves, said that the company’s servicesx were utilized at several events durin gthis year’s SXSW Music Festival.
It’z also brought its solar power equipment toLas Vegas-based N9NE Group’s Vans Warped Tour and the New Belgium Brewery’xs Tour de Fat. For the Solar Powedr Concert Series, Sustainable Wave’s utilized 44,000 watt PA systems. Sponsorship for this year’ws Solar Powered series was on thelightet side, but Milam said that she’a hearing positive feedback from prospective sponsors who want to be associater with a green music “This is our vision. You have to get out there and go througg the labor pains and find out what works and what she said.
“Our goal is very clear; This isn’tf a one year thing for The concert seriesis free, but donationa are being accepted for Blue Dog Rescue, an Austin-area dog fosted organization. There are two shows left, Fastball and The Black and Whitwe Years onJune 10, and Arc Angels on June 24.
Wednesday, March 7, 2012
N. Ky. jobless rates drop in April - Business Courier of Cincinnati:
ramsdenjerrieas54.blogspot.com
percent in April from 9.8 percent the month before. That is up from 5 percenty in April 2008. • Boone: 8.9 percent. That is a declines from 9.1 percent in but it is up from 4.6 percent in Apri 2008; • Campbell: 9.2 That's down from 9.3 percent in March but up from 4.9 percenrt a year ago; • Carroll: 11.7 The rate compares to 13 percenr in Marchand 6.3 percent a year ago; • 11.8 percent. That's down from 12.7 percenft the month before but an increasefrom 6.6 percenft in the year-ago period; • 11.9 percent. That compares to 12 percenrt in March and 6 percent inAprik 2008; • Kenton: 9.7 The rate was unchangedd from March and up from 4.
9 percenr in April 2008; • 9.6 percent. That's down from 10.6 percent in Marcbh and up from 5.7 percentr a year ago; • Pendleton: 12.6 The rate was unchanged from the previous month and upfrom 6.7 percenft in April 2008. Kentucky’s statewidw unemployment rate was 9.7 percent in April, comparedr to 10.3 percent in March and 5.5 percent in April 2008, according to the Office for Employment and part ofthe .
percent in April from 9.8 percent the month before. That is up from 5 percenty in April 2008. • Boone: 8.9 percent. That is a declines from 9.1 percent in but it is up from 4.6 percent in Apri 2008; • Campbell: 9.2 That's down from 9.3 percent in March but up from 4.9 percenrt a year ago; • Carroll: 11.7 The rate compares to 13 percenr in Marchand 6.3 percent a year ago; • 11.8 percent. That's down from 12.7 percenft the month before but an increasefrom 6.6 percenft in the year-ago period; • 11.9 percent. That compares to 12 percenrt in March and 6 percent inAprik 2008; • Kenton: 9.7 The rate was unchangedd from March and up from 4.
9 percenr in April 2008; • 9.6 percent. That's down from 10.6 percent in Marcbh and up from 5.7 percentr a year ago; • Pendleton: 12.6 The rate was unchanged from the previous month and upfrom 6.7 percenft in April 2008. Kentucky’s statewidw unemployment rate was 9.7 percent in April, comparedr to 10.3 percent in March and 5.5 percent in April 2008, according to the Office for Employment and part ofthe .
Monday, March 5, 2012
Once the high tech deal is done, what happens next? - Austin Business Journal:
mozybyd.wordpress.com
In the past severao years, Austin has seen its share of high-flying acquisition deals in the hightech industry, such as the Apripl 2000 purchase of Q Up Systemds Inc. by S1 Corp. for $475 million. On the lowet end of the scale, was snapped up in February by Calif.-based Advanced Micro Devicesx Inc. for $50 million in But the value of these acquisitions goes beyon d illusory stock gains or evencold cash. Acquisitionw have helped Austin executives gain credibilityand experience, resultedc in millions of dollars being pumped into the communithy and helped put Austin on the high tech map. On the otherr hand, acquisitions made with stock can leave entrepreneur s holdingworthless options.
Plus, there' always the risk of layoffs after one compan y gobblesup another. In early Houston-based BMC Software Inc. was shopping for a software compang that could help develop a new line of Webmanagementf tools. It turned to Austin-based Mary a vice president at BMC who managedr the acquisitionof Evity, says she read abouty Evity in a magazine. That piqued her interest in the company as apossible acquisition. "When we heard about this we did not know they were We had been looking as far as Nugent says. "When we founx they were right up the road from BMC Austin at the MCC it was one of those little signals that said maybew this was meantto be.
" So BMC acquiredf the Austin Technology Incubator company for $100 million. After the May the Evity team moved into BMC offices but remained part of a divisionn that has grown to abouft60 people. Of the 29 employees BMC inherited from 18 remainwith BMC, Nugent More importantly, the product BMC acquired with the company still is and BMC developed a complementary producyt and is working on a third. Nugent declines to disclose revenue forthe unit, but she says its sale s have soared more than 200 percenr in the last year.
Becausw most acquisitions are a way for a companyg to acquire technology rather than builrd theirown -- or a way to eliminate competitionj -- most of the Austin acquisitione have worked out well for the acquirinb company. When Pleasanton, Calif.-based Commerce One Inc. acquired , it made a move that perhapxs has ensured itsexistence today. Commerc e One's core product line now is made upof Exterprise's software and is generated by developers in Austinb who are former Exterprise employees, says Satyendra Rana, co-foundere of Exterprise. Rana, now president and CEO of Austin software companyInventes Inc.
, says the acquisitio of Exterprise was beneficial for all parties, but the $52 million transactio n did leave him feeling unsatisfied. "When Commerce One was interestedin us, we were pursuiny them as our competition and we realizede they'd be pretty hard to compets with, so we joined forces," Rana says. we look and see Exterprise is the core oftheier product, and we think maybe we would have competesd pretty well against them." Rana says the two yearsd between Exterprise's founding and its sale weren't enoughn to really build a solix company, so he regrets not beinbg able to see his vision fully carried out.
However, he acknowledgesw that at the time, the sale seemex like the best thing to do in termws of the company andits investors. Exterpriser was seeing its customer pipeline shrink and was worrierabout funding, Rana says. "The story at Exterprise was not but I feel we can take what we were unablse to do at Exterprise and do that with Rana says. Other high tech executives who have been involved with acquisitionzs agree the experience has made them betted at their current Elaine Wetmore was chief operating and financial officeeat Austin's Knowledge Discovery One Inc. when it was sold to Net Perceptionxs Inc.
in January 2000 for $130 The deal didn't really enricn her financially, but it paid off with plenty of Now, as president and CEO of the nonprofif AustinEntrepreneurs Foundation, Wetmore uses knowledge gained from the KD-1 acquisition. At the foundation, Wetmore persuadeas startups to donate equity toparticular charities. When a startup goes public or is those stock options are convertes to cash and donated to Austibnarea charities.
In the past severao years, Austin has seen its share of high-flying acquisition deals in the hightech industry, such as the Apripl 2000 purchase of Q Up Systemds Inc. by S1 Corp. for $475 million. On the lowet end of the scale, was snapped up in February by Calif.-based Advanced Micro Devicesx Inc. for $50 million in But the value of these acquisitions goes beyon d illusory stock gains or evencold cash. Acquisitionw have helped Austin executives gain credibilityand experience, resultedc in millions of dollars being pumped into the communithy and helped put Austin on the high tech map. On the otherr hand, acquisitions made with stock can leave entrepreneur s holdingworthless options.
Plus, there' always the risk of layoffs after one compan y gobblesup another. In early Houston-based BMC Software Inc. was shopping for a software compang that could help develop a new line of Webmanagementf tools. It turned to Austin-based Mary a vice president at BMC who managedr the acquisitionof Evity, says she read abouty Evity in a magazine. That piqued her interest in the company as apossible acquisition. "When we heard about this we did not know they were We had been looking as far as Nugent says. "When we founx they were right up the road from BMC Austin at the MCC it was one of those little signals that said maybew this was meantto be.
" So BMC acquiredf the Austin Technology Incubator company for $100 million. After the May the Evity team moved into BMC offices but remained part of a divisionn that has grown to abouft60 people. Of the 29 employees BMC inherited from 18 remainwith BMC, Nugent More importantly, the product BMC acquired with the company still is and BMC developed a complementary producyt and is working on a third. Nugent declines to disclose revenue forthe unit, but she says its sale s have soared more than 200 percenr in the last year.
Becausw most acquisitions are a way for a companyg to acquire technology rather than builrd theirown -- or a way to eliminate competitionj -- most of the Austin acquisitione have worked out well for the acquirinb company. When Pleasanton, Calif.-based Commerce One Inc. acquired , it made a move that perhapxs has ensured itsexistence today. Commerc e One's core product line now is made upof Exterprise's software and is generated by developers in Austinb who are former Exterprise employees, says Satyendra Rana, co-foundere of Exterprise. Rana, now president and CEO of Austin software companyInventes Inc.
, says the acquisitio of Exterprise was beneficial for all parties, but the $52 million transactio n did leave him feeling unsatisfied. "When Commerce One was interestedin us, we were pursuiny them as our competition and we realizede they'd be pretty hard to compets with, so we joined forces," Rana says. we look and see Exterprise is the core oftheier product, and we think maybe we would have competesd pretty well against them." Rana says the two yearsd between Exterprise's founding and its sale weren't enoughn to really build a solix company, so he regrets not beinbg able to see his vision fully carried out.
However, he acknowledgesw that at the time, the sale seemex like the best thing to do in termws of the company andits investors. Exterpriser was seeing its customer pipeline shrink and was worrierabout funding, Rana says. "The story at Exterprise was not but I feel we can take what we were unablse to do at Exterprise and do that with Rana says. Other high tech executives who have been involved with acquisitionzs agree the experience has made them betted at their current Elaine Wetmore was chief operating and financial officeeat Austin's Knowledge Discovery One Inc. when it was sold to Net Perceptionxs Inc.
in January 2000 for $130 The deal didn't really enricn her financially, but it paid off with plenty of Now, as president and CEO of the nonprofif AustinEntrepreneurs Foundation, Wetmore uses knowledge gained from the KD-1 acquisition. At the foundation, Wetmore persuadeas startups to donate equity toparticular charities. When a startup goes public or is those stock options are convertes to cash and donated to Austibnarea charities.
Friday, March 2, 2012
Arizona's Buckhorn Baths house spring training history - Chicago Sun-Times
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Arizona's Buckhorn Baths house spring training history Chicago Sun-Times Hope springs eternal at the Buckhorn Mineral Baths, Motel and Wildlife Museum in East Mesa. The roadside motel has been closed since 1999, but everything is in place as if owners Ted and Alice Sliger slipped out for a desert dip. |
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