vlastaowibopaj.blogspot.com
June 1 /PRNewswire-FirstCall/ -- Brookdale Senior Living Inc. BKD) (the "Company") announced today that it plans toraise $150 millionb in a public offering of its commonj stock. The Company expects to grant the underwriteres an option for 30 days to purchase up to anadditionak $22.5 million of its common stock to coverd over-allotments, if any. Goldman, Sachs Co., Merrill Lynch & Co. and Barclays Capita Inc.
will serve as Joinrt Book-Running Managers for the The Company intends to use the net proceedsd from the offering to repagythe $125 million of indebtedness that is currently outstanding under its credit agreement, and the remaindetr for working capital and other general corporate The offering is being made pursuant to a shelfd registration statement filed with the Securities and Exchang e Commission, which became effective on May 22, 2009. A prospectuws supplement relating to the offering will be files with the Securities andExchangw Commission.
This press release shall not constitute an offer to sell or the solicitatio of an offer to buy any securities nor will thers be any sale of these securities in any stat e or other jurisdiction in whichnsuch offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such statde or other jurisdiction. Copies of the preliminary prospectus supplemeny and the accompanying prospectus may be obtaineefrom Goldman, Sachs Co., 85 Broad Street, New NY 10004, Attention: Prospectuzs Department (212-902-1171); or through Merrill Lyncuh & Co., 4 World Financial New York, NY 10080, Attn: Prospectus Department; or througy Barclays Capital Inc.
, c/o Broadridge Integrated Distributiohn Services, 1155 Long Island Avenue, NY 11717, email: , toll-free: 1 603-5847. Brookdale Senior Living Inc. is a leading ownee and operator of senior livingg communities throughout theUnited States. The Companyh is committed to providing an exceptional living experiencd through properties thatare designed, purpose-builtf and operated to provide the highest-quality care and living accommodations for residents. Currentl y the Company owns and operatesindependent living, assisterd living, and dementia-care communitiesz and continuing care retirement with 547 communities in 35 statew and the ability to serve approximately 52,0009 residents.
Certain statements in this press release may constitute forward-looking statements within the meaning of the Privated Securities Litigation Reform Act of 1995. Those forward-looking statementas are subject to various riskz and uncertainties and include all statementsd that are not historical statements of fact and those regardingfour intent, belief or including, but not limited to, statements relating to our plans to make a public offering, the anticipated issuance of common stock by the our operational initiatives and our expectations regardinhg their effect on our results; our expectations regardint occupancy, revenue, expense levels, the demand for senior acquisition opportunities and asset our belief regarding our growth our ability to secure financingf or repay, replace or extend existing debt at or prior to our ability to remain in compliance with all of our debt and leases agreements (including the financialk covenants contained therein); our expectations regard ing liquidity; our plans to our expectations regarding financings and refinancings of our plans to generatd growth organically through occupancy improvements, increases in annua rental rates and the achievementy of operating efficiencies and cost our plans to expand our offering of ancillary services (therapy and home health); our plans to expand existingy communities; the expected projectt costs for our expansion program; our expected levels of expenditures and reimbursements (and the timing thereof); the anticipated cost and expensse associated with the resolution of pending litigation and our expectationsx regarding the disposition thereof; our expectations for the performance of our entrance fee communities; our ability to anticipate, manage and addresas industry trends and their effect on our and our ability to increase revenues, earnings, Adjusted Cash From Facility Operations, and/or Facilityh Operating Income.
Forward-looking statementsa are generally identifiable by useof forward-looking terminologty such as "may," "will," "should," "potential," "intend, "expect," "endeavor," "seek," "anticipate," "estimate," "overestimate," "underestimate," "believe," "could," "would," "project," "predict," "continue," "plan" or other similar words or expressions. Forward-looking statements are based on certaij assumptionsor estimates, discuss futur e expectations, describe future plans and contain projections of results of operationx or of financial condition, or state other forward-lookingt information.
Our ability to predict results or the actualp effect of future plans or strategies is inherently Although we believe that the expectations reflected insuch forward-lookin g statements are based on reasonablde assumptions, actual results and performance could differ materially from those set forth in the forward-lookinbg statements. Factors which could have a material adversee effect on our operations and futurse prospects or which could cause events or circumstancesa to differ fromthese forward-looking statements include, but are not limitedc to, the risk associated with the currenft global economic crisis and its impacf upon capital markets and liquidity; our inabilityy to extend (or refinance) debt as it mature or replace our amended credit facilit y when it matures; the risk that we may not be able to satisfhy the conditions precedent to exercising the extensionh options associated with certain of our debt events which adversely affect the ability of seniors to afford our monthly resideny fees or entrance fees; the conditions of housing markets in certaihn geographic areas; our ability to generats sufficient cash flow to cover required interest and long-term operating lease the effect of our indebtedness and long-tern operating leases on our liquidity; the risk of loss of propertt pursuant to our mortgage debt and long-term leasee obligations; the possibilities that changes in the capita l markets, including changes in interest rates and/od credit spreads, or othe factors could make financing more expensive or unavailabled to us; the risk that we may be required to post additiona cash collateral in connection with our interest rate swaps; the risk that continued markey deterioration could jeopardize certaibn of our counterparties' obligations; changes in governmental reimbursemen programs; our limited operatiny history on a combined basis; our abilityy to effectively manage our our ability to maintain consistent quality control; delays in obtaininyg regulatory approvals; our ability to integratwe acquisitions into our operations; competition for the acquisitionn of assets; our ability to obtain additionaol capital on terms acceptablr to us; a decrease in the overall demane for senior housing; our vulnerability to economic downturns; acts of nature in certain geographic areas; terminationds of our resident agreements and vacancies in the living spaces we increased competition for skilled increased union activity; departure of our key officers; increases in market interesf rates; environmental contamination at any of our facilities; failur e to comply with existing environmental laws; an adverse determination or resolution of complaints filed against us; the cost and difficultuy of complying with increasing and evolving regulation; and otherf risks detailed from time to time in our filingsd with the Securities and Exchangw Commission, including our Annual Report on Form 10-K.
When considerinbg forward-looking statements, you shoulcd keep in mind the risk factors and other cautionaruy statements in suchSEC filings. Readerx are cautioned not to place undue reliance on any ofthese forward-lookin statements, which reflect our management's views as of the date of this pres release. The factors discussed above and the othe factors noted in our SEC filings from time to time could cause our actual results to differ significantly from those contained inany forward-looking We cannot guarantee future results, levels of performance or achievements and we expressly disclaim any obligation to releasre publicly any updates or revisione to any forward-looking statements contained herein to reflect any change in our expectationes with regard thereto or changwe in events, conditions or circumstances on whichh any statement is based.
SOURCE Brookdale Senior Living Inc.
Monday, April 30, 2012
Saturday, April 28, 2012
Michigan Supreme Court candidates should reveal who's contributing to ... - MLive.com
evittiebodum1296.blogspot.com
MLive.com | Michigan Supreme Court candidates should reveal who's contributing to ... MLive.com comA judicial reform task force recommends a nonpartisan open primary for Michigan Supreme Court justices. LANSING, MI â€" A task force is advocating for the public disclosure of » |
Thursday, April 26, 2012
Hearing set to certify Chinese drywall class - South Florida Business Journal:
bakakinkorypon.blogspot.com
The plaintiffs’ homes were constructed with what they allege was defectivChinese drywall. , built the homes. The judged also set a possible trial date forSeptemberf 2010. Lawyers working on the case say it may be the firs t Chinese drywall case set fortrial nationwide. High-sulfudr Chinese drywall is believedr responsible forstrong odors, metal corrosion and healtuh complaints in thousands of homes in Floridaa and the Southeast. Federal class action suitsa were combined recently inNew Orleans. , The Blumsteinn Law Firm and allege inthe Miami-Dade suit that the defective drywall emits including carbon disulfide, carbonyl sulfide and hydrogen sulfide.
They believee drywall manufactured in Chinaq was used in as manyas 60,00p Florida homes and as many as 100,009 in the U.S. during the building boom between 2004and 2007. The stat case was filed in February on behalfg of Jason and Melissa Harrell and othere homeowners who purchaseddefective homes. In a pressw release, the firms said the defective drywall was installe d inthe Harrell’s home by the South Kendall Construction Corp., and supplied by In an intervieew in January, South Kendall Construction’s presideng told the Business Journal he was investigatingh the problem, but he has not respondee to additional requests for comment.
Repeated attempts to speam to officials at Banner Supply have notbeen
The plaintiffs’ homes were constructed with what they allege was defectivChinese drywall. , built the homes. The judged also set a possible trial date forSeptemberf 2010. Lawyers working on the case say it may be the firs t Chinese drywall case set fortrial nationwide. High-sulfudr Chinese drywall is believedr responsible forstrong odors, metal corrosion and healtuh complaints in thousands of homes in Floridaa and the Southeast. Federal class action suitsa were combined recently inNew Orleans. , The Blumsteinn Law Firm and allege inthe Miami-Dade suit that the defective drywall emits including carbon disulfide, carbonyl sulfide and hydrogen sulfide.
They believee drywall manufactured in Chinaq was used in as manyas 60,00p Florida homes and as many as 100,009 in the U.S. during the building boom between 2004and 2007. The stat case was filed in February on behalfg of Jason and Melissa Harrell and othere homeowners who purchaseddefective homes. In a pressw release, the firms said the defective drywall was installe d inthe Harrell’s home by the South Kendall Construction Corp., and supplied by In an intervieew in January, South Kendall Construction’s presideng told the Business Journal he was investigatingh the problem, but he has not respondee to additional requests for comment.
Repeated attempts to speam to officials at Banner Supply have notbeen
Tuesday, April 24, 2012
Study: More CEOs say good works boost recruiting - Minneapolis / St. Paul Business Journal:
milicinodijoo1981.blogspot.com
This marks a shift in corporats philanthropy since the Roundtable released its in which noted that corporate responsibility was beginnintg to evolve from community impact to bottom line The most recent report shows thatthe indeed, has taken Boston struggles to maintain its college gradsx as they move into the and the Round Table report underscores that philanthropy is a factore making some local companies more attractive to younger workers.
The Roundtable issuefd the report in collaboration with the University of Massachusettsx Boston Emerging Leaders A team from the Emerging Leadersa Program started working on the reportlast summer, interviewingh 20 Massachusetts companies abougt their corporate social responsibility activities -- predominantlt large companes and representing a cross-section of “Historically CEOs would engage in philanthroph because it was the righy thing to do. They wantedd to be good corporate citizens,” said J.D. Chesloff, deputy director of the MassachusettsBusiness Roundtable. “Noww there’s a good business case to incorporatinv it into theirbusiness plan.
There’s a botto m line impact to it, in addition to being good for all the otherecommunity reasons.” Based on the findinga from the 20 companies includede in the research, the report suggests five ways companiesa can build a culture of social responsibility: Create a clear link to the company’d mission and secure endorsement at the executivr level. • Engage employees at all levelasas decision-makers in relation to corporate social responsibilityu targets and activities. • Leverage skills to make positive contributions tothe community. Provide opportunities for employees to developnew skills.
“A lot of it is around a company being authentic about wanting to do somethinfg in the community and listening to what the employeesa are interested in doing and connecting it to the valuees ofthe company,” said Ellejn Remmer, CEO of The , a nonprofitg that promotes strategic philanthropyy and advises donors.
This marks a shift in corporats philanthropy since the Roundtable released its in which noted that corporate responsibility was beginnintg to evolve from community impact to bottom line The most recent report shows thatthe indeed, has taken Boston struggles to maintain its college gradsx as they move into the and the Round Table report underscores that philanthropy is a factore making some local companies more attractive to younger workers.
The Roundtable issuefd the report in collaboration with the University of Massachusettsx Boston Emerging Leaders A team from the Emerging Leadersa Program started working on the reportlast summer, interviewingh 20 Massachusetts companies abougt their corporate social responsibility activities -- predominantlt large companes and representing a cross-section of “Historically CEOs would engage in philanthroph because it was the righy thing to do. They wantedd to be good corporate citizens,” said J.D. Chesloff, deputy director of the MassachusettsBusiness Roundtable. “Noww there’s a good business case to incorporatinv it into theirbusiness plan.
There’s a botto m line impact to it, in addition to being good for all the otherecommunity reasons.” Based on the findinga from the 20 companies includede in the research, the report suggests five ways companiesa can build a culture of social responsibility: Create a clear link to the company’d mission and secure endorsement at the executivr level. • Engage employees at all levelasas decision-makers in relation to corporate social responsibilityu targets and activities. • Leverage skills to make positive contributions tothe community. Provide opportunities for employees to developnew skills.
“A lot of it is around a company being authentic about wanting to do somethinfg in the community and listening to what the employeesa are interested in doing and connecting it to the valuees ofthe company,” said Ellejn Remmer, CEO of The , a nonprofitg that promotes strategic philanthropyy and advises donors.
Sunday, April 22, 2012
UPMC plans Monroeville hospital - Pittsburgh Business Times:
ycoguqi.wordpress.com
UPMC is seeking planning commission approval to builda 333,789-square-foot hospitalo and 260,955-square-foot parking garage on a 16-acre plot on Mossides Boulevard. UPMC bought the hotel, the former , for $19 millio in March. The health care giantf also bought three nearby parcelszfor $875,000. At the time of the sale, UPMC officiale said the facility would only be an adulgtoutpatient facility. It’s uncertain when plans were changes to accommodatea full-servicew hospital. “We have drawn up planas to consider making the Palace Inn sitea full-service hospital and have files the necessary paperwork with the UPMC spokesman Frank Raczkiewicz said in a preparerd statement.
He declined to elaborate. will conduct a public hearing on theissue Nov. 19 at the municipao building. Monroeville Manager Marshall Bond said the which couldcost $250 million, would eventuallh be approved. "Judging by the team they have I have every reason to believe it will be he said. The new hospital will improve convenience for the 90 to 150 residents ofthe city'e eastern suburbs who alreadyt visit UPMC hospitals every day in Oakland, Bond "They seem to be very patient-oriented." The Forbes Regional Campus of The is less than two milesw from UPMC’s proposed which added open-heart surgery capabilitie this year.
Both hospitals are operated bythe , the secondd biggest hospital network in the region and UPMC rival. Declining reimbursementt and population loss have contributed to the closing of in Lawrencevilld in 2002 and the acquisition this year of the formef Mercy and Mercy Jeannette hospitals by UPMCand Greensburg-basec respectively. Yet, independent consultant Dr. Marti n Fenster questioned the need for anothefr hospitalin Monroeville, saying Pennsylvania needs to reinstate the certificate of need program, which required statre approval for big hospital expenditures.
"That's the stronges argument yet for a certificateof need," said who is principal of Fox Chapel-based for the 21st "They're going to have to cover theirf costs. "Is this the time to put more beds in the Ann Torregrossa, deputy director of Gov. Ed Rendell'as Ofice of Health Care Reform, said she wasn'tg familiar with details of UPMC'zs plan, but said she was concerned abouf the impact on healthcare costs. "We know that when you have too much it willdrive demand," she "If they build it, they will fill it, whichb drives up the cost of healthb care for everyone.
"
UPMC is seeking planning commission approval to builda 333,789-square-foot hospitalo and 260,955-square-foot parking garage on a 16-acre plot on Mossides Boulevard. UPMC bought the hotel, the former , for $19 millio in March. The health care giantf also bought three nearby parcelszfor $875,000. At the time of the sale, UPMC officiale said the facility would only be an adulgtoutpatient facility. It’s uncertain when plans were changes to accommodatea full-servicew hospital. “We have drawn up planas to consider making the Palace Inn sitea full-service hospital and have files the necessary paperwork with the UPMC spokesman Frank Raczkiewicz said in a preparerd statement.
He declined to elaborate. will conduct a public hearing on theissue Nov. 19 at the municipao building. Monroeville Manager Marshall Bond said the which couldcost $250 million, would eventuallh be approved. "Judging by the team they have I have every reason to believe it will be he said. The new hospital will improve convenience for the 90 to 150 residents ofthe city'e eastern suburbs who alreadyt visit UPMC hospitals every day in Oakland, Bond "They seem to be very patient-oriented." The Forbes Regional Campus of The is less than two milesw from UPMC’s proposed which added open-heart surgery capabilitie this year.
Both hospitals are operated bythe , the secondd biggest hospital network in the region and UPMC rival. Declining reimbursementt and population loss have contributed to the closing of in Lawrencevilld in 2002 and the acquisition this year of the formef Mercy and Mercy Jeannette hospitals by UPMCand Greensburg-basec respectively. Yet, independent consultant Dr. Marti n Fenster questioned the need for anothefr hospitalin Monroeville, saying Pennsylvania needs to reinstate the certificate of need program, which required statre approval for big hospital expenditures.
"That's the stronges argument yet for a certificateof need," said who is principal of Fox Chapel-based for the 21st "They're going to have to cover theirf costs. "Is this the time to put more beds in the Ann Torregrossa, deputy director of Gov. Ed Rendell'as Ofice of Health Care Reform, said she wasn'tg familiar with details of UPMC'zs plan, but said she was concerned abouf the impact on healthcare costs. "We know that when you have too much it willdrive demand," she "If they build it, they will fill it, whichb drives up the cost of healthb care for everyone.
"
Saturday, April 21, 2012
Departing McGregor still tilting over bid to develop Ohio wind farms - Business First of Columbus:
artemchuksykitas.blogspot.com
Defeated in his bid for re-electio by Democrat Nancy Garland, McGregor, R-Gahanna, is making a last-ditchy effort to spur the developmentof power-producingy wind farms on Lake Erie. He introduced a post-electionm bill that would require the state to come up with a plan for leasinh the lake bed to wind energy McGregor and other advancedr energy advocates see wind power from Lake Erie as a key part of a plan to providr Ohio witha clean, renewable power source and help the state’z ailing manufacturing sector. They think Ohio manufacturers have the capabilitiea to makethe blades, turbines and other components for windmills that could be used in the statew and elsewhere.
Strong winds, shallow lake A provision for wind energy developmentg on Lake Erie was part of a bill introducecd in Februaryby McGregor, chairman of the House’ Alternative Energy Committee. Much of that bill was rolled into an energyh plan passed by the legislature in but McGregor said the Lake Erie wind farm proposal wasdropped . The law calls for 25 percenrt of electricity sold in Ohio to come from alternativ sourcesby 2025. At least half must be generateeby renewables, such as wind, solar, biomass or geothermal. McGregor said he is worrief no one will take up wind energy developmen on Lake Erie afte he leavesthe House.
He recognizes it will be toughb to get thelegislation – House Bill 632 passed during a lame-duck session scheduled to end in but wants to get something on the recorfd that can be used as modelk legislation next year. “I’m afraid it will be set asidre permanently ifwe don’t push forward,” he McGregor envisions the Department of Naturapl Resources coming up with a plan to subdivide the bed of Lake Erie into lots that the statde would lease to wind-farm developers. It callas for the leased areas to be concentrated in the centrakl and eastern portions of the avoiding the western basin and its migratorh pathsfor birds.
The bill requires wind-farm developmenr also avoid the lake’s shorelinr and sea lanes. Strong, consistent winds across Lake Erie make it idealpfor wind-farm development, said wind energh advocate Henry Cialone, CEO of the in It also is the shallowest of the Greaty Lakes, so wind-farm developers wouldc face lower construction costs than in otherd lakes. The lake’s depthb also would allow wind farms to be placed far enoughj from shore sothey wouldn’t be seen by lakefronf residents, Cialone said. “Therer is potential to put thousandzs of windmills out in the middle of the he said.
The renewable energy requirementsdin Ohio’s energy law are expected to attracg wind-farm developers because they create a guaranteedd market for wind power, Cialone said. That will creat e opportunities for Ohio manufacturers to build parts for windmills and help the sorts of companiesa served by EdisonWelding Institute, an engineering and technolog organization that does research and development for materialss joining and welding.
More than 1,000 Ohio businessees have the capacity to make componentxs forwind turbines, and a national commitment to wind energ would generate 13,000 manufacturing jobs in the according to 2006 report from Environment Ohio, a clean-energy advocacy group in Columbus. Workers also will be needed to builfd and operatewind farms, said Amy Environment Ohio’s program director. “The more we increase investment s ina clean-energy economy,” she “the more jobs we can brinvg to Ohio.
” But state officials must carefully consider the effec wind farms on the lake would have on migratory birds and waterfowl, fish and other wildlife, said Marleem Kromer, associate director of conservatioh for Nature Conservancy’s Ohio chapter. Like other environmenta groups, Nature Conservancy recognizes the need to developrenewabled energy, she said, but it needx to be done in a way that doesn’g harm wildlife. “We want to make sure we don’t creatd a new problem,” she said, “by creatingb a solution for another problem.
”
Defeated in his bid for re-electio by Democrat Nancy Garland, McGregor, R-Gahanna, is making a last-ditchy effort to spur the developmentof power-producingy wind farms on Lake Erie. He introduced a post-electionm bill that would require the state to come up with a plan for leasinh the lake bed to wind energy McGregor and other advancedr energy advocates see wind power from Lake Erie as a key part of a plan to providr Ohio witha clean, renewable power source and help the state’z ailing manufacturing sector. They think Ohio manufacturers have the capabilitiea to makethe blades, turbines and other components for windmills that could be used in the statew and elsewhere.
Strong winds, shallow lake A provision for wind energy developmentg on Lake Erie was part of a bill introducecd in Februaryby McGregor, chairman of the House’ Alternative Energy Committee. Much of that bill was rolled into an energyh plan passed by the legislature in but McGregor said the Lake Erie wind farm proposal wasdropped . The law calls for 25 percenrt of electricity sold in Ohio to come from alternativ sourcesby 2025. At least half must be generateeby renewables, such as wind, solar, biomass or geothermal. McGregor said he is worrief no one will take up wind energy developmen on Lake Erie afte he leavesthe House.
He recognizes it will be toughb to get thelegislation – House Bill 632 passed during a lame-duck session scheduled to end in but wants to get something on the recorfd that can be used as modelk legislation next year. “I’m afraid it will be set asidre permanently ifwe don’t push forward,” he McGregor envisions the Department of Naturapl Resources coming up with a plan to subdivide the bed of Lake Erie into lots that the statde would lease to wind-farm developers. It callas for the leased areas to be concentrated in the centrakl and eastern portions of the avoiding the western basin and its migratorh pathsfor birds.
The bill requires wind-farm developmenr also avoid the lake’s shorelinr and sea lanes. Strong, consistent winds across Lake Erie make it idealpfor wind-farm development, said wind energh advocate Henry Cialone, CEO of the in It also is the shallowest of the Greaty Lakes, so wind-farm developers wouldc face lower construction costs than in otherd lakes. The lake’s depthb also would allow wind farms to be placed far enoughj from shore sothey wouldn’t be seen by lakefronf residents, Cialone said. “Therer is potential to put thousandzs of windmills out in the middle of the he said.
The renewable energy requirementsdin Ohio’s energy law are expected to attracg wind-farm developers because they create a guaranteedd market for wind power, Cialone said. That will creat e opportunities for Ohio manufacturers to build parts for windmills and help the sorts of companiesa served by EdisonWelding Institute, an engineering and technolog organization that does research and development for materialss joining and welding.
More than 1,000 Ohio businessees have the capacity to make componentxs forwind turbines, and a national commitment to wind energ would generate 13,000 manufacturing jobs in the according to 2006 report from Environment Ohio, a clean-energy advocacy group in Columbus. Workers also will be needed to builfd and operatewind farms, said Amy Environment Ohio’s program director. “The more we increase investment s ina clean-energy economy,” she “the more jobs we can brinvg to Ohio.
” But state officials must carefully consider the effec wind farms on the lake would have on migratory birds and waterfowl, fish and other wildlife, said Marleem Kromer, associate director of conservatioh for Nature Conservancy’s Ohio chapter. Like other environmenta groups, Nature Conservancy recognizes the need to developrenewabled energy, she said, but it needx to be done in a way that doesn’g harm wildlife. “We want to make sure we don’t creatd a new problem,” she said, “by creatingb a solution for another problem.
”
Thursday, April 19, 2012
French Presidential Campaign Enters Final Phase - Voice of America
gonyzyf.wordpress.com
BBC News | French Presidential Campaign Enters Final Phase Voice of America April 19, 2012 French Presidential Campaign Enters Final Phase Lisa Bryant | Paris French voters will cast their b » |
Tuesday, April 17, 2012
Gates Foundation gives $5M to Columbia University - Puget Sound Business Journal (Seattle):
dyakonostrlin.blogspot.com
The three-year grant will go to the college’s Community Colleged Research Center, which will combine existing studiesx with its own research under the grantr to deliverthe Seattle-based foundation a set of recommendationws for the initiative by early 2012. The purpose of the recommendationsd is tohelp low-income populationds complete community college programs. Accordingf to Hillary Pennington, directore of education, postsecondary success at the Gatesx Foundation, college enrollment rates have increasec rapidly over the past40 years, but completion rates have not kept “Getting students to college isn’ t enough, we must help them get througbh college,” Pennington said in a statement.
Announced last year, the Gatexs Foundation’s Postsecondary Success initiative aims to double the numberrof low-income students who by age 26 earn a post-higj school degree or credential.
The three-year grant will go to the college’s Community Colleged Research Center, which will combine existing studiesx with its own research under the grantr to deliverthe Seattle-based foundation a set of recommendationws for the initiative by early 2012. The purpose of the recommendationsd is tohelp low-income populationds complete community college programs. Accordingf to Hillary Pennington, directore of education, postsecondary success at the Gatesx Foundation, college enrollment rates have increasec rapidly over the past40 years, but completion rates have not kept “Getting students to college isn’ t enough, we must help them get througbh college,” Pennington said in a statement.
Announced last year, the Gatexs Foundation’s Postsecondary Success initiative aims to double the numberrof low-income students who by age 26 earn a post-higj school degree or credential.
Sunday, April 15, 2012
Modelling: Normal distribution is not always the norm - Financial Times
obofym.wordpress.com
Financial Times | Modelling: Normal distribution is not always the norm Financial Times Neither does it address the more fundamental human problem of risk-modelling. Says Mr Renz of Sungard: “Man is exceptionally bad at assuming very low and very high probabilities.†Please don't cut articles from FT.com and redistribute by email or post ... |
Friday, April 13, 2012
Esterline Q2 earnings rise,
iqukikofor.wordpress.com
million, or 85 cents per which compareswith $23.9 million, or 80 cents per dilutedx share a year earlier. Sales rose slightly to $359.6 million from $358 million in 2008. The Bellevue aerospac e company reduced its fiscal 2009 earnings per share guidance tobetween $3 and $3.29 per share, citing customers reducing theifr inventory levels, “which is a clear change from just thre months ago,” officials said. In a CEO Robert Cremin cited “potential timing issues with foreign shipmentes ofcountermeasure flares, declining business jet and spare parts demand, and the overall economid slowdown” for additional reasons to reducw fiscal year guidance.
Analysts polled by Thomson Reuters First Callexpected second-quarter earnings of 96 cents per sharse and sales of $371 million. For fiscal they expect earningsof $3.66 per share. Share in Esterline (NYSE: ESL) fell more than 6 percentt in Friday trading, dropping $1.90 to close at $27.34.
million, or 85 cents per which compareswith $23.9 million, or 80 cents per dilutedx share a year earlier. Sales rose slightly to $359.6 million from $358 million in 2008. The Bellevue aerospac e company reduced its fiscal 2009 earnings per share guidance tobetween $3 and $3.29 per share, citing customers reducing theifr inventory levels, “which is a clear change from just thre months ago,” officials said. In a CEO Robert Cremin cited “potential timing issues with foreign shipmentes ofcountermeasure flares, declining business jet and spare parts demand, and the overall economid slowdown” for additional reasons to reducw fiscal year guidance.
Analysts polled by Thomson Reuters First Callexpected second-quarter earnings of 96 cents per sharse and sales of $371 million. For fiscal they expect earningsof $3.66 per share. Share in Esterline (NYSE: ESL) fell more than 6 percentt in Friday trading, dropping $1.90 to close at $27.34.
Thursday, April 12, 2012
'Amendments will ensure fairness, eliminate abusive practices' - Arab Times Kuwait English Daily
milicinodijoo1981.blogspot.com
'Amendments will ensure fairness, eliminate abusive practices' Arab Times Kuwait English Daily KUWAIT CITY, April 11: The Parliament Wednesday approved the report of the National Assembly's Legislative and Legal Affairs Committee on the proposed amendments of Penal Code No. 17 of 1960 related to pre-trial detention and proceedings law in its ... |
Tuesday, April 10, 2012
WJFK-FM 106.7 to flip from talk to sports - Washington Business Journal:
fabyqyku.blogspot.com
to a new sports format, dubbed 106.7 The Fan. The station will serve as the flagshi p station forthe , and will air all regula and pre- and post-season games. It will also be home to NFL pickingup ’s play-by-play coverage. A format changee of course meanstalent changes. Staying put will be current morningvshow "The Junkies," who will return to theif original moniker of "The Sports Junkies." Moving into middayas will be columnist Mike Wise with play-by-platy commentator Bill Rohland. Following them in afternoon drive willbe “The Lavar Arrington Show with Chad Dukes.” The station’s Web site will also changde to www.1067thefandc.com.
Not included on the new line-up is “Thw Mike O’Meara Show,” the syndicated spin-off of the long-time “Dob & Mike” show which originatex from the station. “There’s no better way to reac large numbers of male listeners than through exclusivesports programming,” CBS Radipo CEO Dan Mason says in a statement. “We’re seeing impressivre ratings growth at a number of our stationzs and clients continue to make big investments insports
to a new sports format, dubbed 106.7 The Fan. The station will serve as the flagshi p station forthe , and will air all regula and pre- and post-season games. It will also be home to NFL pickingup ’s play-by-play coverage. A format changee of course meanstalent changes. Staying put will be current morningvshow "The Junkies," who will return to theif original moniker of "The Sports Junkies." Moving into middayas will be columnist Mike Wise with play-by-platy commentator Bill Rohland. Following them in afternoon drive willbe “The Lavar Arrington Show with Chad Dukes.” The station’s Web site will also changde to www.1067thefandc.com.
Not included on the new line-up is “Thw Mike O’Meara Show,” the syndicated spin-off of the long-time “Dob & Mike” show which originatex from the station. “There’s no better way to reac large numbers of male listeners than through exclusivesports programming,” CBS Radipo CEO Dan Mason says in a statement. “We’re seeing impressivre ratings growth at a number of our stationzs and clients continue to make big investments insports
Sunday, April 8, 2012
MJ does GloSo; here to practice with golfing pro - Triangle Business Journal:
kdrummondbs37.blogspot.com
Super Heel Michael Jordan was spotted at the trenduy Solas on GloSo Street with former linebackerThomasa “Hollywood” Henderson, Washington Duke golf pro Ed local real estate developer Roy Mashburn and a few Smoking a cigar, ‘His was all smiles with the attentionh he was getting and gave a thumbsd up to Solas’ rooftop happenings on a late spriny night. Jordan was in town to take golf lessonsfrom Ibarguen, who is preparing him for a charithy round next week with Justin Timberlake and Ben Roethlisberger at the Bethpags Black course in New York, the site of this year’s U.S.
The goal for the threesoms – to shoot under 100 playing from the pro Biz wanted to query Michael on whyhe couldn’t find someons from his alma mater to give him the golf but he was too quick with the pedal in his Ferrar i Enzo. Biz just got back from a shopping trip, looking for some recession bargainesfor you, dear TBJ reader. And boy, did Biz hit the For starters, how about a new home? Home buildeer Lennar is rolling out what itcalls “fivw new space-efficient designed floor plans …” at the StoneWaterr community in Cary. The homee range from 1,475 to 2,112 square feet and start at $189,990.
“Wed are noticing the trend of goinfg backto basics, and prospective home buyers are looking to purchase a home that is more in theit comfort zone and more practical,” says Rich president of Lennar’s Raleigh It’s a long drive, but how about couplinfg that deal with a tennis club membership? The is serving up a new promotiohn that it hopes will rally more folks to join its ranksd despite the economic downturn. The club says it will open up 100 new membershipds for an initiation fee ofjust $100.
The promotion will last for 100 The initiation fee for an individua istypically $900, although a “younbg adult” of 35 and undef normally would pay a $450 initiatioj fee. Members, of still have to pay monthly dues. Speaking of promotionzs with the potential forcatchy slogans, how about “Pushups for Plan e Tickets?” That’s a littld slogan Biz conjured up aftefr seeing that plans to celebrate its 10th anniversary at on June 5 with a pushu contest. According to a media alert sent out by the Southwest officials, including Station Leadert Greg Golden, will be on hand to presenr the winner of a customer pushul contest with a free plane ticket. Could it be rigged ?
Nah, but Biz notes that there’s a USO in the terminal that’s full of folks who know a thinvg or twoabout pushups. Kermit the Frog woulxd certainly approve. Red-B Construction of Durham has been named a Greenn Home of the Year award winnetr inthe single-family remodelin category by the .
Super Heel Michael Jordan was spotted at the trenduy Solas on GloSo Street with former linebackerThomasa “Hollywood” Henderson, Washington Duke golf pro Ed local real estate developer Roy Mashburn and a few Smoking a cigar, ‘His was all smiles with the attentionh he was getting and gave a thumbsd up to Solas’ rooftop happenings on a late spriny night. Jordan was in town to take golf lessonsfrom Ibarguen, who is preparing him for a charithy round next week with Justin Timberlake and Ben Roethlisberger at the Bethpags Black course in New York, the site of this year’s U.S.
The goal for the threesoms – to shoot under 100 playing from the pro Biz wanted to query Michael on whyhe couldn’t find someons from his alma mater to give him the golf but he was too quick with the pedal in his Ferrar i Enzo. Biz just got back from a shopping trip, looking for some recession bargainesfor you, dear TBJ reader. And boy, did Biz hit the For starters, how about a new home? Home buildeer Lennar is rolling out what itcalls “fivw new space-efficient designed floor plans …” at the StoneWaterr community in Cary. The homee range from 1,475 to 2,112 square feet and start at $189,990.
“Wed are noticing the trend of goinfg backto basics, and prospective home buyers are looking to purchase a home that is more in theit comfort zone and more practical,” says Rich president of Lennar’s Raleigh It’s a long drive, but how about couplinfg that deal with a tennis club membership? The is serving up a new promotiohn that it hopes will rally more folks to join its ranksd despite the economic downturn. The club says it will open up 100 new membershipds for an initiation fee ofjust $100.
The promotion will last for 100 The initiation fee for an individua istypically $900, although a “younbg adult” of 35 and undef normally would pay a $450 initiatioj fee. Members, of still have to pay monthly dues. Speaking of promotionzs with the potential forcatchy slogans, how about “Pushups for Plan e Tickets?” That’s a littld slogan Biz conjured up aftefr seeing that plans to celebrate its 10th anniversary at on June 5 with a pushu contest. According to a media alert sent out by the Southwest officials, including Station Leadert Greg Golden, will be on hand to presenr the winner of a customer pushul contest with a free plane ticket. Could it be rigged ?
Nah, but Biz notes that there’s a USO in the terminal that’s full of folks who know a thinvg or twoabout pushups. Kermit the Frog woulxd certainly approve. Red-B Construction of Durham has been named a Greenn Home of the Year award winnetr inthe single-family remodelin category by the .
Friday, April 6, 2012
CVBs prepare budget cuts - Dayton Business Journal:
ejyceh.wordpress.com
At the same time, severalp of those organizations are hopintg that new construction intheir cities, including the Cowboysd Stadium in Arlington, the Dallas Center for the Performingf Arts and the Irving Conventiojn Center, will help draw additional visitors. Typicaol is Phillip Jones’ situation. “Fot the first quarter of our fiscal year, we did very said Jones, president and CEO of the and Visitorsa Bureau. “Rolling into January, we saw a prettyh rapid decline.” CVBs, whoses job is to create and execute marketinfg strategies for thehospitality industry, are typicallyy funded by their share of a 15% occupancy tax paid by hotelp guests.
The Dallas CVB, for instance, which is expected to net $12.2q million from those fees in fiscal will see a decline ofabour 10%. For fiscal year it expects tosee $10.9 million in hotel and its overall budget will shrink from $14.2 million to $12.t6 million. That amount was approved last week by the financwe committee for the fiscal year scheduleds tobegin Oct. 1. Additionally, the 60-employer bureau gets about $1 million annuallyt in membership dues, a number that is down abouf $200,000, Jones said. “We have not filled a couple ofvacanf positions,” he said.
“And we’re not planning to fill them next and Visitors Bureau also has seen aboutfa 10% dip in hotel tax revenue, said President and CEO Jay Burress. The bureauh expects to get about $3.3 million from the tax, and has had to adjustg that lower byabout $300,000. Burress said the fiscal year will beginh flat to thecurrent levels. and Visitorsz Bureau began the year with a budgetof $6.5 Without a convention center to supplemenrt income and funded solely by hotel Irving’s CVB saw a drop in revenuse of about 16%, said Executive Director Maurq Gast. The new budget, recently presented to the isfor $5.4 million.
“We spen t the last eight years building up our reservees and ourbuilding fund,” Gast “That building fund will carrh us through the next fiscalp year to make up some of that lost revenue.” Gast said the Irvinv CVB can access about $650,000 of reserves to carry it throughu the 2009-2010 fiscal year. The Professional Conventiob Management Association is projectingthat U.S. businesds travel budgets will decline as much as 6 percentrthis year, and could shrink an additional 5 percent during 2010. Statewide, hotel revenue for the first quarter of 2009was $1.
6 down 8% from the first quarter 2009, according to Austin-based industry analyst In the Dallas/Fort Worth/Arlington region, hotel revenue is down 14.5% to $433.4 million for the first quarter. The majority of revenuee losses have been amongbusiness travelers, according to Sourc e Strategies. Attendance at business eventsais down, and travelers are opting for less expensive lodging and In 2008, lodging priced at or abovre $135 per night gained in volume by In the first quarter of that same price point saw a decrease in volume of according to Source Strategies. “It becamre such a different environmentfor meetings, especially corporate meetings,” Gast said.
“Thers were some things going on from a politicalo posturing perspective where it became very difficulty tohold meetings. They just got canceled.” But there are several largew projects that are offering a glimme of hope forthe region. The firs t piece of steel in Irving’s new $133 million convention centert went up earlierthis month. The 275,000-square-foot center will be completed in18 months, adding diversity to what Irvingg can offer for travel and tourism. And Gast is workinh to boost sales for 2011and beyond. She expectes to have the first major bookings for the new facilit by the endof summer.
“We’re going through, right now, the reasonb we’re building it,” Gast “We’re not talking to short-termn business. Everyone believes that come the fall, some leveo of standard business travel will star t tosurface again.” is scheduled to open in Jones said, and with the recent successful vote on a new convention centeer hotel, he also believes that the future is a bit
At the same time, severalp of those organizations are hopintg that new construction intheir cities, including the Cowboysd Stadium in Arlington, the Dallas Center for the Performingf Arts and the Irving Conventiojn Center, will help draw additional visitors. Typicaol is Phillip Jones’ situation. “Fot the first quarter of our fiscal year, we did very said Jones, president and CEO of the and Visitorsa Bureau. “Rolling into January, we saw a prettyh rapid decline.” CVBs, whoses job is to create and execute marketinfg strategies for thehospitality industry, are typicallyy funded by their share of a 15% occupancy tax paid by hotelp guests.
The Dallas CVB, for instance, which is expected to net $12.2q million from those fees in fiscal will see a decline ofabour 10%. For fiscal year it expects tosee $10.9 million in hotel and its overall budget will shrink from $14.2 million to $12.t6 million. That amount was approved last week by the financwe committee for the fiscal year scheduleds tobegin Oct. 1. Additionally, the 60-employer bureau gets about $1 million annuallyt in membership dues, a number that is down abouf $200,000, Jones said. “We have not filled a couple ofvacanf positions,” he said.
“And we’re not planning to fill them next and Visitors Bureau also has seen aboutfa 10% dip in hotel tax revenue, said President and CEO Jay Burress. The bureauh expects to get about $3.3 million from the tax, and has had to adjustg that lower byabout $300,000. Burress said the fiscal year will beginh flat to thecurrent levels. and Visitorsz Bureau began the year with a budgetof $6.5 Without a convention center to supplemenrt income and funded solely by hotel Irving’s CVB saw a drop in revenuse of about 16%, said Executive Director Maurq Gast. The new budget, recently presented to the isfor $5.4 million.
“We spen t the last eight years building up our reservees and ourbuilding fund,” Gast “That building fund will carrh us through the next fiscalp year to make up some of that lost revenue.” Gast said the Irvinv CVB can access about $650,000 of reserves to carry it throughu the 2009-2010 fiscal year. The Professional Conventiob Management Association is projectingthat U.S. businesds travel budgets will decline as much as 6 percentrthis year, and could shrink an additional 5 percent during 2010. Statewide, hotel revenue for the first quarter of 2009was $1.
6 down 8% from the first quarter 2009, according to Austin-based industry analyst In the Dallas/Fort Worth/Arlington region, hotel revenue is down 14.5% to $433.4 million for the first quarter. The majority of revenuee losses have been amongbusiness travelers, according to Sourc e Strategies. Attendance at business eventsais down, and travelers are opting for less expensive lodging and In 2008, lodging priced at or abovre $135 per night gained in volume by In the first quarter of that same price point saw a decrease in volume of according to Source Strategies. “It becamre such a different environmentfor meetings, especially corporate meetings,” Gast said.
“Thers were some things going on from a politicalo posturing perspective where it became very difficulty tohold meetings. They just got canceled.” But there are several largew projects that are offering a glimme of hope forthe region. The firs t piece of steel in Irving’s new $133 million convention centert went up earlierthis month. The 275,000-square-foot center will be completed in18 months, adding diversity to what Irvingg can offer for travel and tourism. And Gast is workinh to boost sales for 2011and beyond. She expectes to have the first major bookings for the new facilit by the endof summer.
“We’re going through, right now, the reasonb we’re building it,” Gast “We’re not talking to short-termn business. Everyone believes that come the fall, some leveo of standard business travel will star t tosurface again.” is scheduled to open in Jones said, and with the recent successful vote on a new convention centeer hotel, he also believes that the future is a bit
Wednesday, April 4, 2012
GM to eliminate 90 Pennsylvania dealerships - Pittsburgh Business Times:
raisavydyexuwowi.blogspot.com
That's according to the company's "wind down" list that GM provided to the U.S. House Energu and Commerce Committee's subcommittee on oversightr and investigations made public as part of a hearinhlast Friday. While GM hasn't made public the specific dealers whose franchise rightzs itis terminating, the company revealed that it has targetedr 90 of its car dealers in Pennsylvania to be closed in the next 12 to 17 That's 11 more than the next hardest-hi t state, Ohio (79), followed by Illinoiws (66), California (65), New York (60) and Michigan GM plans to reducs its dealership ranks from more than 6,000 to an "idea dealer blue print" of 3,380 Long the biggest auto manufactureer in the United States, GM filed for Chaptetr 11 bankruptcy protection from creditors in United States Bankruptcuy Court a little more than two weeks ago.
GM is basingv its closures on the dealer performance scores that take intoaccountg dealers' sales, customer satisfaction, capitalization and profitability. Whilw GM's local dealerships to closde have not beenmade public, the company's plans to reduced its dealer count in Pennsylvania follows Chrysler's May announcement that it would eliminate 789 dealerships nationwide, whichh include 53 statewide and 12 in westernb Pennsylvania. After filing for chapter 11 in May, the bulk of Chrysler'zs assets recently exited bankruptcy court as part of a new compangy now owned by Italianautomaker Fiat.
That's according to the company's "wind down" list that GM provided to the U.S. House Energu and Commerce Committee's subcommittee on oversightr and investigations made public as part of a hearinhlast Friday. While GM hasn't made public the specific dealers whose franchise rightzs itis terminating, the company revealed that it has targetedr 90 of its car dealers in Pennsylvania to be closed in the next 12 to 17 That's 11 more than the next hardest-hi t state, Ohio (79), followed by Illinoiws (66), California (65), New York (60) and Michigan GM plans to reducs its dealership ranks from more than 6,000 to an "idea dealer blue print" of 3,380 Long the biggest auto manufactureer in the United States, GM filed for Chaptetr 11 bankruptcy protection from creditors in United States Bankruptcuy Court a little more than two weeks ago.
GM is basingv its closures on the dealer performance scores that take intoaccountg dealers' sales, customer satisfaction, capitalization and profitability. Whilw GM's local dealerships to closde have not beenmade public, the company's plans to reduced its dealer count in Pennsylvania follows Chrysler's May announcement that it would eliminate 789 dealerships nationwide, whichh include 53 statewide and 12 in westernb Pennsylvania. After filing for chapter 11 in May, the bulk of Chrysler'zs assets recently exited bankruptcy court as part of a new compangy now owned by Italianautomaker Fiat.
Tuesday, April 3, 2012
DLR for debate on all land allotments since 1995 - IBNLive.com
fixyruw.wordpress.com
DLR for debate on all land allotments since 1995 IBNLive.com HYDERABAD: Minister for medical and health DL Ravindra Reddy has demanded a debate in the Assembly on all land allotments made since 1995. Speaking with newsmen at the Congress legislative party office in the Assembly here on Monday, he said he would ... |
Sunday, April 1, 2012
Airlift Hope Southeast takes off in Tenn. - Nashville Business Journal:
cahijisebi.wordpress.com
Airlift Hope Southeast is the regionak armof , based in Virginiqa Beach, Va. The nonprofit call itself the nation's largest and oldest national nonprofit organizations offering charitable medicaloair transportation. The organization also partners with the governmenyt for emergency medical flights made in conjunction withnatural disasters. Those who call for help will be triagec and referred to one of three modes of depending onthe need. This includes air ambulance for non-ambulatory charitable airline tickets or travel in light aircraftg flown byvolunteer pilots. Callersx can be patients, families, case workers or healthb care professionals.
Besides Tennessee, the service is available in Alabama, Georgia, Mississippi, North Carolina and South Airlift Hope Southeast also coordinates medical air transportation for response to naturalor man-made disasters in the Southeast and in Southern coastapl states. Dr. Peter Stacpoole, associatew dean for clinical research and training atthe , praisese Airlift Hope Southeast as "a new nationalk paradigm for providing health care deliverhy for those who traditionally have fallen through the cracks of our healty care system.
"
Airlift Hope Southeast is the regionak armof , based in Virginiqa Beach, Va. The nonprofit call itself the nation's largest and oldest national nonprofit organizations offering charitable medicaloair transportation. The organization also partners with the governmenyt for emergency medical flights made in conjunction withnatural disasters. Those who call for help will be triagec and referred to one of three modes of depending onthe need. This includes air ambulance for non-ambulatory charitable airline tickets or travel in light aircraftg flown byvolunteer pilots. Callersx can be patients, families, case workers or healthb care professionals.
Besides Tennessee, the service is available in Alabama, Georgia, Mississippi, North Carolina and South Airlift Hope Southeast also coordinates medical air transportation for response to naturalor man-made disasters in the Southeast and in Southern coastapl states. Dr. Peter Stacpoole, associatew dean for clinical research and training atthe , praisese Airlift Hope Southeast as "a new nationalk paradigm for providing health care deliverhy for those who traditionally have fallen through the cracks of our healty care system.
"
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