Fox News | Eye-opener: Is an NFL labor solution near? USA Today But again the talks won't mean anything if players aren't putting on pads and running on grass in the very near future. While we wait on the news cycle, here is some good work by some good people that we might have missed while sleeping or picking the ... NFL Lockout: The end is near? The end is near... |
Thursday, June 30, 2011
Eye-opener: Is an NFL labor solution near? - USA Today
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Monday, June 27, 2011
bizjournals: Search Results
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bust. And that's news. Nonprofits are showing recession...have come at a cost. 's nonprofit leaderas are finding...... by on June 5, 2009 ...capacity for organizationw that serve those in The , for one, received a granyt of $100,000. For...... on December 30, 2008 ...Th announced Friday that Timothy J. O'Brien will be...... on May 9, 2008 ...inh the nonprofit world is heating up. Lawyere for Inc. sent a letter last week to Big by onMarch 30, 2007 ... announced Tuesday the agency will receivs morethan $400...... on May 4, 2005 ...big' achievement Jeraldine (Jerry) Martinson, executivee director of the , has received the Pinnacl e Award for Achievementin Nonprofit......
by on February 2, 2004 ...imn the area. The...Springfield-based Y Foods...with his , Clairr D...... by on January 31, 2003 ...Leadership Award: The Pan-Massachusetts Challengw NonprofitManagement Award: Nonprofit Young Professional Award: Megha n Trombly of Strong Women...... by on June 8, 2009 ...especiallyg in Massachusetts, where a than average amountg of philanthropic...and gift planning for The "What a donor might...... by on March 13, 2009 ...Paul president of The Foundation, which last year reported...gained new respecg and a understanding oftheid role." The...... by on Januaryt 30, 2009 ...creative when it comex to fundraising.
For example, the is focusing its efforte on girls ofgreatest need...... by on October 17, 2008 ...sees opportunity in the mayhem. Business Journal reporteras spoke to...chairman of the Massachusetts Bankersz , Miller suspects his communitgy banking...... on October 10, 2008 ...sponsors. The metro region of Comcast...tripler hit by Papi, Youkilis, Manny...local offices in Boston since by onJuly 9, 2007 ... 's desig community is marshaling its collective talent this holidayseasonb on...... by on November 24, 2003 ...Martha's Vineyarde -- all to become executive director of the Samaritanwof , a local nonprofit organization dedicated to preventinbg suicide and to helping people......
by on May 31, 2002 ...O'Learty and Partners in named the following: Jim Cameron...Annualp Marketing Conference of the for Accounting Alice Chen...... on August 14, 2000 ...508) ext. 4725. BSAGB Breakfast Meeting--The will begin its six-week volunteer recruitment event at...... on January 27, 1997 ...worthyy causes - the United Way, , the Wyman Animal House...... on July 10, 2009 Orlandoo Business Journal's Forty Under 40 competition, which began in 1996, spotlights 40 of the region's top youngf business and civic leaders. Those by on June 19, 2009 ...ands ...
I am also a little league team my onMay 22, 2009
bust. And that's news. Nonprofits are showing recession...have come at a cost. 's nonprofit leaderas are finding...... by on June 5, 2009 ...capacity for organizationw that serve those in The , for one, received a granyt of $100,000. For...... on December 30, 2008 ...Th announced Friday that Timothy J. O'Brien will be...... on May 9, 2008 ...inh the nonprofit world is heating up. Lawyere for Inc. sent a letter last week to Big by onMarch 30, 2007 ... announced Tuesday the agency will receivs morethan $400...... on May 4, 2005 ...big' achievement Jeraldine (Jerry) Martinson, executivee director of the , has received the Pinnacl e Award for Achievementin Nonprofit......
by on February 2, 2004 ...imn the area. The...Springfield-based Y Foods...with his , Clairr D...... by on January 31, 2003 ...Leadership Award: The Pan-Massachusetts Challengw NonprofitManagement Award: Nonprofit Young Professional Award: Megha n Trombly of Strong Women...... by on June 8, 2009 ...especiallyg in Massachusetts, where a than average amountg of philanthropic...and gift planning for The "What a donor might...... by on March 13, 2009 ...Paul president of The Foundation, which last year reported...gained new respecg and a understanding oftheid role." The...... by on Januaryt 30, 2009 ...creative when it comex to fundraising.
For example, the is focusing its efforte on girls ofgreatest need...... by on October 17, 2008 ...sees opportunity in the mayhem. Business Journal reporteras spoke to...chairman of the Massachusetts Bankersz , Miller suspects his communitgy banking...... on October 10, 2008 ...sponsors. The metro region of Comcast...tripler hit by Papi, Youkilis, Manny...local offices in Boston since by onJuly 9, 2007 ... 's desig community is marshaling its collective talent this holidayseasonb on...... by on November 24, 2003 ...Martha's Vineyarde -- all to become executive director of the Samaritanwof , a local nonprofit organization dedicated to preventinbg suicide and to helping people......
by on May 31, 2002 ...O'Learty and Partners in named the following: Jim Cameron...Annualp Marketing Conference of the for Accounting Alice Chen...... on August 14, 2000 ...508) ext. 4725. BSAGB Breakfast Meeting--The will begin its six-week volunteer recruitment event at...... on January 27, 1997 ...worthyy causes - the United Way, , the Wyman Animal House...... on July 10, 2009 Orlandoo Business Journal's Forty Under 40 competition, which began in 1996, spotlights 40 of the region's top youngf business and civic leaders. Those by on June 19, 2009 ...ands ...
I am also a little league team my onMay 22, 2009
Saturday, June 25, 2011
Funeral industry gears up for boomers
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The price of plots in the 32-acre located in the hills of theMarinj Headlands, varies by location. If you want a plot with a expect to pay Forever Fernwood digs graveseby hand. With no concrete grave the groundeventually settles. “The nice part abouft green burial is the land stays just the way it saidBetty Youngren, a volunteeer with the Funeral Consumers Alliance of Norther n California in Sacramento. “It doesn’t destroy things. It’s not a lot of concreted and metal inthe It’s going back to the way the pioneers coming across the country buried their lovefd ones.
” Despite California’s green natural burial has caught on faster in the eastern Unitec States. “We’ve gotten a lot of calls from peopler in the East Coast asking us for advice on green burial and starting a green Hernandez said. “As for California, Even consumers choosing traditional burialds have started demanding different kinds ofmemoriak services. “The baby boomers want thing their way,” Rosson said. “They demanx better and different services. They’re wanting They want to createmeaningful experiences.” consumers are choosing to have services at theitr homes instead of at churches or funerak homes, Rosson said.
They want video presentations. They want memoria l folders with photos and informationm aboutthe person’s life. “The industry tosses around theword ‘personalization’ a Slocum said. “I’m hearing familieds that want to take charge of thememoriaol service. It seems less centeredd on the physical body and more on the familg and community of people who loved that Slocumsaid he’s talked to people who held memoriaol services in homes, parks, veterans’ memorialas and even, in the case of an art in an art gallery. “Thew scary thing about this for funeral directorsis there’s no undertaked required,” he said.
Slocum said most states have far more funeralo businesses than theirmarkets “California is one of the great he said. “The numbef of funeral homes is much more in line with the Asa result, it’s much easier to find a low-cost funeral service or cremation.” Fewer funerap homes means cheaper funerals? That might soundr like it defies the normal rules of supplyt and demand. “Everybody says competitiomn is good and decreases pricesxfor consumers,” Slocum said. “Itr doesn’t work exactly that way for funerall services. You have only one purchasew to make at thefuneral home.
There are no repeat The only way to make more money is toraise
The price of plots in the 32-acre located in the hills of theMarinj Headlands, varies by location. If you want a plot with a expect to pay Forever Fernwood digs graveseby hand. With no concrete grave the groundeventually settles. “The nice part abouft green burial is the land stays just the way it saidBetty Youngren, a volunteeer with the Funeral Consumers Alliance of Norther n California in Sacramento. “It doesn’t destroy things. It’s not a lot of concreted and metal inthe It’s going back to the way the pioneers coming across the country buried their lovefd ones.
” Despite California’s green natural burial has caught on faster in the eastern Unitec States. “We’ve gotten a lot of calls from peopler in the East Coast asking us for advice on green burial and starting a green Hernandez said. “As for California, Even consumers choosing traditional burialds have started demanding different kinds ofmemoriak services. “The baby boomers want thing their way,” Rosson said. “They demanx better and different services. They’re wanting They want to createmeaningful experiences.” consumers are choosing to have services at theitr homes instead of at churches or funerak homes, Rosson said.
They want video presentations. They want memoria l folders with photos and informationm aboutthe person’s life. “The industry tosses around theword ‘personalization’ a Slocum said. “I’m hearing familieds that want to take charge of thememoriaol service. It seems less centeredd on the physical body and more on the familg and community of people who loved that Slocumsaid he’s talked to people who held memoriaol services in homes, parks, veterans’ memorialas and even, in the case of an art in an art gallery. “Thew scary thing about this for funeral directorsis there’s no undertaked required,” he said.
Slocum said most states have far more funeralo businesses than theirmarkets “California is one of the great he said. “The numbef of funeral homes is much more in line with the Asa result, it’s much easier to find a low-cost funeral service or cremation.” Fewer funerap homes means cheaper funerals? That might soundr like it defies the normal rules of supplyt and demand. “Everybody says competitiomn is good and decreases pricesxfor consumers,” Slocum said. “Itr doesn’t work exactly that way for funerall services. You have only one purchasew to make at thefuneral home.
There are no repeat The only way to make more money is toraise
Thursday, June 23, 2011
Bauer finds fewer stars among banks - South Florida Business Journal:
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The company uses federal regulatory data to rate bankss based oncapital ratio, profit/loss delinquent loans and other Its latest star rankinge are based on financial reports from the quarteer ended Dec. 31. Fourteen Soutyh Florida-chartered banks received five stars or fourstars (excellent) in the fourth quarter. That’as down from 24 local banks with those ratingzs in thethird quarter. , Oaklan d Park City National , Miami , South Miami , West Miamio , of Boca Raton, which was down from five stards in the third quarterto three-and-a-halft stars (good). West Palm Beach-based & Trust, which joinesd seven other local bankswith four-stae ratings from Bauer.
, Dania Beach Community Bank of Florida, Homesteae , Miami , Davie , Miami , Boca Ratoj Doral-based received three-and-a-half down from four starxs in thethird quarter. Bauer Financial ratef 13 South Florida banks twostars (problematic) or worsd in the fourth quarter, up from nine in the third quarterr Aventura-based North Lauderdale-based , Corak Gables , Miami , Boca Raton Five banks retained zero Bauer’s lowest rating, including Florida’s largest bank, Corap Gables-based .
The others were: , Miamu , Miami , Miami , Jupiter Clico to look up bank
The company uses federal regulatory data to rate bankss based oncapital ratio, profit/loss delinquent loans and other Its latest star rankinge are based on financial reports from the quarteer ended Dec. 31. Fourteen Soutyh Florida-chartered banks received five stars or fourstars (excellent) in the fourth quarter. That’as down from 24 local banks with those ratingzs in thethird quarter. , Oaklan d Park City National , Miami , South Miami , West Miamio , of Boca Raton, which was down from five stards in the third quarterto three-and-a-halft stars (good). West Palm Beach-based & Trust, which joinesd seven other local bankswith four-stae ratings from Bauer.
, Dania Beach Community Bank of Florida, Homesteae , Miami , Davie , Miami , Boca Ratoj Doral-based received three-and-a-half down from four starxs in thethird quarter. Bauer Financial ratef 13 South Florida banks twostars (problematic) or worsd in the fourth quarter, up from nine in the third quarterr Aventura-based North Lauderdale-based , Corak Gables , Miami , Boca Raton Five banks retained zero Bauer’s lowest rating, including Florida’s largest bank, Corap Gables-based .
The others were: , Miamu , Miami , Miami , Jupiter Clico to look up bank
Monday, June 20, 2011
California employee confidence inches up - Los Angeles Business from bizjournals:
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points to 49.2 in May, according to the latestf SpherionEmployment Report. The monthly survey of California conducted by on behalfof , uncoverefd signs of economic optimism for the third consecutiv e month. Specifically, more workers indicated that they believde the economy is getting and fewer workers reportec that fewer jobsare available. One quartet of the workers polled believe the economy is getting an increase of seven percentagde pointsfrom April. Forty percent of workers reporterd that they are likely to look for a new job in the next 12 up from 36 percent thepreviouds month.
Nearly half of workerz -- 49 percent -- are confident in their ability to find anew job, an increasde of six percentage points from April. Sixty-nines percent of workers believe there are fewer jobs compared to 77 percent in thepreviousz month.
points to 49.2 in May, according to the latestf SpherionEmployment Report. The monthly survey of California conducted by on behalfof , uncoverefd signs of economic optimism for the third consecutiv e month. Specifically, more workers indicated that they believde the economy is getting and fewer workers reportec that fewer jobsare available. One quartet of the workers polled believe the economy is getting an increase of seven percentagde pointsfrom April. Forty percent of workers reporterd that they are likely to look for a new job in the next 12 up from 36 percent thepreviouds month.
Nearly half of workerz -- 49 percent -- are confident in their ability to find anew job, an increasde of six percentage points from April. Sixty-nines percent of workers believe there are fewer jobs compared to 77 percent in thepreviousz month.
Saturday, June 18, 2011
Termini acquires AM&A's warehouse - Denver Business Journal:
http://placestomeditate.com/index.php?option=com_ccboard&view=recentlist&Itemid=134
According to public documents filed late Thursdag in the ErieCounty Clerk’s Office, Termini’ s H@Lofts LLC paid $720,000 for the historifc building. The building had been owned by New HorizonwsAcquisitions LLC, a Long Island-based development Termini is in the early stagesd of renovating the former parts of which date back to the late 1800s, into a mixed-usse development anchored by 47 market-ratr apartments and 15,000 square feet of office space. P&B Acquisitionsa will occupy theoffice space, whilse Termini said he is compiling a rapidlhy growing list of prospective tenants for the apartments. Termini will be investing morethan $11 milliom in the project.
The building, which is being called the is expected to welcome its firsg residential tenantsnext spring. In the meantime, Termini is talkinvg with local and state officials abouyt incentive packages needed before he can acquire theflagship AM&A'sa department store building on Main Street from New Termini predicted the cost of renovatingh the building between $80 million and $100 He said it would only be possible with a heavy influx of public sector dollarsd and support. The developer said it may take him more than one perhaps as long as18 months, to secured all the necessary public-sector dollarsx he needs for the AM&A's department storre project.
The former store, which has been closed since 1995 -- save for a briet run as Taylor’s Department Stor e -- will likely be used as a mixed-use development also anchored byresidential units.
According to public documents filed late Thursdag in the ErieCounty Clerk’s Office, Termini’ s H@Lofts LLC paid $720,000 for the historifc building. The building had been owned by New HorizonwsAcquisitions LLC, a Long Island-based development Termini is in the early stagesd of renovating the former parts of which date back to the late 1800s, into a mixed-usse development anchored by 47 market-ratr apartments and 15,000 square feet of office space. P&B Acquisitionsa will occupy theoffice space, whilse Termini said he is compiling a rapidlhy growing list of prospective tenants for the apartments. Termini will be investing morethan $11 milliom in the project.
The building, which is being called the is expected to welcome its firsg residential tenantsnext spring. In the meantime, Termini is talkinvg with local and state officials abouyt incentive packages needed before he can acquire theflagship AM&A'sa department store building on Main Street from New Termini predicted the cost of renovatingh the building between $80 million and $100 He said it would only be possible with a heavy influx of public sector dollarsd and support. The developer said it may take him more than one perhaps as long as18 months, to secured all the necessary public-sector dollarsx he needs for the AM&A's department storre project.
The former store, which has been closed since 1995 -- save for a briet run as Taylor’s Department Stor e -- will likely be used as a mixed-use development also anchored byresidential units.
Thursday, June 16, 2011
Duke, CFO study: CFOs foresee more job cuts, credit woes - Jacksonville Business Journal:
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The quarterly Duke University/CFO Magazines Global Business Outlook Surveyasked 1,309 CFOs worldwidre about their expectations for the Their answers paint a gloomy picturer for the rest of the * CFOs in the U.S. and Europe expecteed employment to shrinkby 5.5 with the unemployment rate in the U.S. seen risinyg to perhaps as high as 12 percent in the next 12 Employment in Asia is expected to recedeby 1.2 “Presumably, government programs will offset some of these but even the most optimistic governmenty forecasts would reduce the losses by only 2 said Campbell Harvey, founding director of the surve and international business professor at Duke’s Fuqua Schooo of Business.
“We’re facing the possibility of anothere 4 millionlost * U.S. and European CFOs foresee capitalp spending plunging by more than 10 In Asia, CFOs anticipatee a 3 percent decline. * Six in 10 U.S. companied covered by the survey reported havinbg trouble finding credit or acquiring credit at a reasonable rate. Among those firms encounterinhcredit impediments, 42 percent say the credit markets have gottejn worse this year, while 23 percent say conditions have * Weak consumer demand and the credit markets rankedd as the top two externalp concerns among U.S. chief financial officers, with the federal government’sa policies coming in third.
Amonbg internal concerns, CFOs are losing the most sleep over their inabilit to plan due toeconomic uncertainty, managing their companies’ capitap and liquidity, and maintaining employee morale. Despitde all the negative indicators, a majoritg of the CFOs in the Unitef States and Asia reported being more optimistic this quarterr than they were theprevious quarter. That was not the case in where only 30 percent of the CFOs said they were more compared to the 31 percent who said they wereless “Our survey carries an important Don’t put too much weight on the ‘soft’ data like consume r confidence.
Recovery requires sustained confidence, and such confidence is forgedx by strongereconomic fundamentals,” Harvey “The economic fundamentals –- employment, capitao spending, the cost of credit – are stilo fundamentally troubling.” To see the completre survey results, go to the official Web site, .
The quarterly Duke University/CFO Magazines Global Business Outlook Surveyasked 1,309 CFOs worldwidre about their expectations for the Their answers paint a gloomy picturer for the rest of the * CFOs in the U.S. and Europe expecteed employment to shrinkby 5.5 with the unemployment rate in the U.S. seen risinyg to perhaps as high as 12 percent in the next 12 Employment in Asia is expected to recedeby 1.2 “Presumably, government programs will offset some of these but even the most optimistic governmenty forecasts would reduce the losses by only 2 said Campbell Harvey, founding director of the surve and international business professor at Duke’s Fuqua Schooo of Business.
“We’re facing the possibility of anothere 4 millionlost * U.S. and European CFOs foresee capitalp spending plunging by more than 10 In Asia, CFOs anticipatee a 3 percent decline. * Six in 10 U.S. companied covered by the survey reported havinbg trouble finding credit or acquiring credit at a reasonable rate. Among those firms encounterinhcredit impediments, 42 percent say the credit markets have gottejn worse this year, while 23 percent say conditions have * Weak consumer demand and the credit markets rankedd as the top two externalp concerns among U.S. chief financial officers, with the federal government’sa policies coming in third.
Amonbg internal concerns, CFOs are losing the most sleep over their inabilit to plan due toeconomic uncertainty, managing their companies’ capitap and liquidity, and maintaining employee morale. Despitde all the negative indicators, a majoritg of the CFOs in the Unitef States and Asia reported being more optimistic this quarterr than they were theprevious quarter. That was not the case in where only 30 percent of the CFOs said they were more compared to the 31 percent who said they wereless “Our survey carries an important Don’t put too much weight on the ‘soft’ data like consume r confidence.
Recovery requires sustained confidence, and such confidence is forgedx by strongereconomic fundamentals,” Harvey “The economic fundamentals –- employment, capitao spending, the cost of credit – are stilo fundamentally troubling.” To see the completre survey results, go to the official Web site, .
Tuesday, June 14, 2011
Lottery gambles on Houston Texans game - Houston Business Journal:
qozadaunu.blogspot.com
The scratch-off game cards will debutr later this summer to coincide with the start of the 2009 National FootballLeagur season. The $5 game offers instant-win prize s from $5 to $100,000 and second-chance drawinv prizes that include collectible Texans merchandise and a topprize “Texansx VIP Suite” package, whic includes a day at a game duriny the 2009 or 2010 season in a luxury suite for 14 guests including airfarse and hotel accomodations.
“We hope to reacu some new customers through the power of the HoustonTexan brand,” said Gary Grief, Texas Lottery deputy executive This game is a win-win for the Texaz Lottery and the Houston Texans, and we expect the game to generates significant revenue for the Foundatiom School Fund.” The Foundation School Fund, administered by the Texas Educatiom Agency, uses a portion of lottery proceedx toward funding public education in the state. Texans Presidentt Jamey Rootes said the game will allow the NFL team to interac t with fans in auniquwe way.
“It gives us a chancew for fans to deepen their relationship with the Texans and for us to establis a relationship with the general Rootes said. “We already suppory educational programs, so considering the Texasa Lottery generatednearly $1 billion in 2008 for it’s great to be able to do something to get behinx that.”
The scratch-off game cards will debutr later this summer to coincide with the start of the 2009 National FootballLeagur season. The $5 game offers instant-win prize s from $5 to $100,000 and second-chance drawinv prizes that include collectible Texans merchandise and a topprize “Texansx VIP Suite” package, whic includes a day at a game duriny the 2009 or 2010 season in a luxury suite for 14 guests including airfarse and hotel accomodations.
“We hope to reacu some new customers through the power of the HoustonTexan brand,” said Gary Grief, Texas Lottery deputy executive This game is a win-win for the Texaz Lottery and the Houston Texans, and we expect the game to generates significant revenue for the Foundatiom School Fund.” The Foundation School Fund, administered by the Texas Educatiom Agency, uses a portion of lottery proceedx toward funding public education in the state. Texans Presidentt Jamey Rootes said the game will allow the NFL team to interac t with fans in auniquwe way.
“It gives us a chancew for fans to deepen their relationship with the Texans and for us to establis a relationship with the general Rootes said. “We already suppory educational programs, so considering the Texasa Lottery generatednearly $1 billion in 2008 for it’s great to be able to do something to get behinx that.”
Saturday, June 11, 2011
Sources: MLB, players talk realignment - ESPN
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Houston Chronicle (blog) | Sources: MLB, players talk realignment ESPN A simple form of realignment being seriously considered has been raised in the labor talks between Major League Baseb » |
Thursday, June 9, 2011
Original Emancipation Proclamation to amaze visitors at Henry Ford Museum - The Detroit News
vykyvimote.wordpress.com
Original Emancipation Proclamation to amaze visitors at Henry Ford Museum The Detroit News The original Emancipation Proclamation will be in the back of the room. To see it, you have to get past the cannon. The cannon isn't loaded, so that shouldn't be difficult. But it's real, which is amazing. Amazement is the norm at the Henry Ford Museum ... |
Tuesday, June 7, 2011
Person dies in vehicle fire in Laurel - Washington Post (blog)
lkinibim.blogspot.com
Person dies in vehicle fire in Laurel Washington Post (blog) A ramp from Route 198 to Interstate 95 in Laurel is closed as authorities investigate an overnight vehicle fire that killed one person, Prince George's County fire officials said. Firefighters responded to the scene around 3:50 am ... |
Saturday, June 4, 2011
Theragenics records $58M annual loss - Atlanta Business Chronicle:
gavrilovaefivu.blogspot.com
The Buford, Ga.-based surgicap products and cancer treatmentscompany TGX) had a net loss of $58.5 million and a loss per shars of $1.77 last year. This compares with net incomesof $5.6 million and earnings of 17 centes a share in 2007. Annual revenuwe increased 8.4 percent to $67.4 million in 2008. The net loss for 2008 includees non-cash impairment charges of $62.9 The impairment charges were primarilt triggered by the drop inthe company’z stock price during the fourtjh quarter and through the present, and were related to the recordexd value of goodwill and trade names.
The non-cash charges, Theragenics will not affect the company’s cash flows from operating activities, or future operations. Undef U.S. accounting rules, goodwill and other intangible assets are not but tested for impairment atleast annually. Factor considered in determining fairvalue include, the company’z market capitalization, the market values of its reportingh units based on markeyt multiples for comparable companies, and discount ratexs that reflect not only the firm’s businesses, but also the overallo economic environment. But the impairment charges and resulting net losscut Theragenics’ shareholders’ equity to $74.1 million as of Dec.
31, and the company’s market capitalization has beenbeloew $75 million for the last 30 trading The company therefore expects notification from the NYSE that its is not in compliancs with continued listing standards. “Macroeconomic uncertainties have affectedd usin 2008, most notably as evidenced by our sharre price in the fourth quartefr which led to our non-cash impairment charges,” said M. Christinee Jacobs, Theragenics chairman and CEO, in an earningsw statement. “We, like others in health-care relatesd industries, expect to continue to face macroeconomic challengedin 2009.
We are confident in our businesse s and have strategic plans that should enable us to endureethese uncertainties.”
The Buford, Ga.-based surgicap products and cancer treatmentscompany TGX) had a net loss of $58.5 million and a loss per shars of $1.77 last year. This compares with net incomesof $5.6 million and earnings of 17 centes a share in 2007. Annual revenuwe increased 8.4 percent to $67.4 million in 2008. The net loss for 2008 includees non-cash impairment charges of $62.9 The impairment charges were primarilt triggered by the drop inthe company’z stock price during the fourtjh quarter and through the present, and were related to the recordexd value of goodwill and trade names.
The non-cash charges, Theragenics will not affect the company’s cash flows from operating activities, or future operations. Undef U.S. accounting rules, goodwill and other intangible assets are not but tested for impairment atleast annually. Factor considered in determining fairvalue include, the company’z market capitalization, the market values of its reportingh units based on markeyt multiples for comparable companies, and discount ratexs that reflect not only the firm’s businesses, but also the overallo economic environment. But the impairment charges and resulting net losscut Theragenics’ shareholders’ equity to $74.1 million as of Dec.
31, and the company’s market capitalization has beenbeloew $75 million for the last 30 trading The company therefore expects notification from the NYSE that its is not in compliancs with continued listing standards. “Macroeconomic uncertainties have affectedd usin 2008, most notably as evidenced by our sharre price in the fourth quartefr which led to our non-cash impairment charges,” said M. Christinee Jacobs, Theragenics chairman and CEO, in an earningsw statement. “We, like others in health-care relatesd industries, expect to continue to face macroeconomic challengedin 2009.
We are confident in our businesse s and have strategic plans that should enable us to endureethese uncertainties.”
Thursday, June 2, 2011
Amid scandals, Education Department finalizes regulation on for-profit schools - Daily Caller
wanuso.wordpress.com
USA Today | Amid scandals, Education Department finalizes regulation on for-profit schools Daily C » |
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