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“Kirtland Air Force Base, and Intel Corp. have helped developo the area andresearch hub. They providre a stable anchor for thelocal economy,” the magaziner said in its online edition. Otherr cities that made the magazine’s top 10 list include Ala.; Austin, Texas; Boise, La Crosse, Wis., and Loveland, Colo. The citiee were listed alphabetically. The magazine will publisgh the full article in itsJuly edition. The onlins article noted that Albuquerque’s “sunny climate and endlesds landscape have long drawn poets and artists tothis spot, whicn includes an unconventional mix of Americann Indian, Hispanic, and Anglo cultures.” To rate the cities, U.S.
News looked at criteria such asjob growth, precipitation, housing prices, crime, education, income, availabilityg of health care, the cost of livingt and the unemployment rate. Albuquerque Mayor Martin Chavea and city business leaders on Tuesday lauded the For more, visit www.usnews.com/bestplaces
Saturday, December 31, 2011
Thursday, December 29, 2011
Freedom High students offer website help - San Jose Mercury News
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Freedom High students offer website help San Jose Mercury News By Rowena Coetsee OAKLEY -- Freedom High School teachers have a handy way to update their district-issue websites: students. For the past two years, teens in John Sierra's digital arts classes have been helping other instructors on the Oakley campus ... |
Monday, December 26, 2011
$1M donation gives UT graduate programs a boost - Austin Business Journal:
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Ungerleider, who received his bachelor's degrew in psychology in 1970 from UT whild competing asa gymnast, said he's creating the fellowship named for the current university president to help attracr top graduate students from around the The first class of Powers Graduate Fellows will enter the university in fall 2009. "We have an absolutwe gem here withthe university," said "and we have a visionaryh sitting in the president'e office. I wanted to honor both." The gift has been facilitatedc by Ungerleider through the Foundation for GlobalSportd Development, an outreach and mentorship educational fund, where Ungerleider is a trustee.
"We are indebtedf to Dr. Ungerleider for this generousw gift," said Powers. "He clearly understand the importance of graduate students to the success of our I am deeply honored that he chose to name this significanr fellowship programafter me." Despitr receiving his master's and doctor's degrees from anothedr institution, Ungerleider chose The University of Texass at Austin for his gift to support the president'sd goal of becoming the top publid research institution in the Ungerleider said in conversations with Powersw he learned that while many top prospectivw graduate students would like to attend UT Austin, the universith loses some because they are offered better financial packages elsewhere.
To learn more about graduate education at the Ungerleider looked atthe university's most prestigious graduatse fellowship program, the Donaldc D. Harrington Graduate Fellowship, and met with severao Harringtongraduate fellows. He said he was impresserd with the model of supporting the very best studentz witha multi-year package and providing a community of mentor s and peers to enhancre the graduate experience. Ungerleider said he wants to creates another fellowship program to honor the academic excellencd of the next generation and continue the practice of graduatwe students developing their own expertisr under the mentorship ofseasoned faculty.
"In 2010, the Graduate Schoo will celebrateits 100-year anniversary and will look toward the futuree of graduate education at the university," said Victoria Rodríguez, vice provost and dean of graduate studies. "Thiss inspiring gift is vital to fulfillingy our vision of attracting the highesr quality students to theGraduate
Ungerleider, who received his bachelor's degrew in psychology in 1970 from UT whild competing asa gymnast, said he's creating the fellowship named for the current university president to help attracr top graduate students from around the The first class of Powers Graduate Fellows will enter the university in fall 2009. "We have an absolutwe gem here withthe university," said "and we have a visionaryh sitting in the president'e office. I wanted to honor both." The gift has been facilitatedc by Ungerleider through the Foundation for GlobalSportd Development, an outreach and mentorship educational fund, where Ungerleider is a trustee.
"We are indebtedf to Dr. Ungerleider for this generousw gift," said Powers. "He clearly understand the importance of graduate students to the success of our I am deeply honored that he chose to name this significanr fellowship programafter me." Despitr receiving his master's and doctor's degrees from anothedr institution, Ungerleider chose The University of Texass at Austin for his gift to support the president'sd goal of becoming the top publid research institution in the Ungerleider said in conversations with Powersw he learned that while many top prospectivw graduate students would like to attend UT Austin, the universith loses some because they are offered better financial packages elsewhere.
To learn more about graduate education at the Ungerleider looked atthe university's most prestigious graduatse fellowship program, the Donaldc D. Harrington Graduate Fellowship, and met with severao Harringtongraduate fellows. He said he was impresserd with the model of supporting the very best studentz witha multi-year package and providing a community of mentor s and peers to enhancre the graduate experience. Ungerleider said he wants to creates another fellowship program to honor the academic excellencd of the next generation and continue the practice of graduatwe students developing their own expertisr under the mentorship ofseasoned faculty.
"In 2010, the Graduate Schoo will celebrateits 100-year anniversary and will look toward the futuree of graduate education at the university," said Victoria Rodríguez, vice provost and dean of graduate studies. "Thiss inspiring gift is vital to fulfillingy our vision of attracting the highesr quality students to theGraduate
Saturday, December 24, 2011
Trico proxy battle ends after elections - Houston Business Journal:
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, the largest shareholder of Houston-based Tricoi (NASDAQ: TRMA), had tried to nominate its own slate of directords and had demandedother changes, saying that company managementg was not maximizing shareholder value. Both sides had showerecd shareholders with filings and statements in the fina weeks beforethe vote. Basexd on preliminary voting after Wednesday’s meeting, among other items, shareholders voted to declassify the reducing the terms of boarr members from three years toone year.
Incumbent board membe nominees Joseph Compofelice Trico chairman and chief executiveofficer — and Ben Guilll were both re-elected, according to a company The two Kistefos nominees, Christen Sveaasd and Age Korsvold, failed in their bid to join the Two independent proxy advisory firmsa had recommended that shareholders go with the Trico slate, whilde a third firm had backec the Kistefos bid.
“Regardless of today’sa outcome, Kistefos remains a major stockholder of Trico and we inten d to continue to be responsive to the messagez we heard inthis contest,” Compofelice Though based on preliminaru voting he did not gain a seat on the Kistefos chief executive officer Korsvoldx said his efforts were heard by “Regardless of the outcome, we believe Trico’a stockholders have sent a loud and clear message today. They are demanding change. Had it not been for Trico’zs unusually high two-thirds minimum vote we would have taken a significant step in thatdirection today,” Korsvold said.
, the largest shareholder of Houston-based Tricoi (NASDAQ: TRMA), had tried to nominate its own slate of directords and had demandedother changes, saying that company managementg was not maximizing shareholder value. Both sides had showerecd shareholders with filings and statements in the fina weeks beforethe vote. Basexd on preliminary voting after Wednesday’s meeting, among other items, shareholders voted to declassify the reducing the terms of boarr members from three years toone year.
Incumbent board membe nominees Joseph Compofelice Trico chairman and chief executiveofficer — and Ben Guilll were both re-elected, according to a company The two Kistefos nominees, Christen Sveaasd and Age Korsvold, failed in their bid to join the Two independent proxy advisory firmsa had recommended that shareholders go with the Trico slate, whilde a third firm had backec the Kistefos bid.
“Regardless of today’sa outcome, Kistefos remains a major stockholder of Trico and we inten d to continue to be responsive to the messagez we heard inthis contest,” Compofelice Though based on preliminaru voting he did not gain a seat on the Kistefos chief executive officer Korsvoldx said his efforts were heard by “Regardless of the outcome, we believe Trico’a stockholders have sent a loud and clear message today. They are demanding change. Had it not been for Trico’zs unusually high two-thirds minimum vote we would have taken a significant step in thatdirection today,” Korsvold said.
Thursday, December 22, 2011
RealtyTrac: Fla. has third-highest foreclosure rate - South Florida Business Journal:
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Default notices, scheduled auctions and bank repossessionsx in Florida were all down from the previous but the state stillposted 58,932 foreclosure filings, up 50 percent from May 2008. Only with one in every 64 housing unitsin foreclosure, and with one in everyy 144 housing units in foreclosure, had higher rates. In the tri-county area, Broward County saw the most foreclosure sin May, with 11,325, or one in evert 71 housing units – a nearlyu 10 percent increase over April. Miami-Dade ranked second, with 7,7732 filings, or one out of every 125 units – down 31.2 percent from April. Palm Beach Countyu had 3,782 filings, or one out of everyh 169 units – up 32.
8 percent over Nationwide, there were 321,480 foreclosured filings, one out of every 398 unitw – down 6 percent from April, but up 18 percentf from May 2008. “May foreclosure activituy was the third-highest month on record, and markedx the third straight month where the total number of properties with foreclosure filings exceeded 300,000 – a first in the history of our report,” RealtyTra CEO James J. Saccacio said in a news release. Othetr states with foreclosure rates ranking amongthe nation’zs 10 highest were Arizona, Georgia, Colorado, Idaho and Ohio.
Default notices, scheduled auctions and bank repossessionsx in Florida were all down from the previous but the state stillposted 58,932 foreclosure filings, up 50 percent from May 2008. Only with one in every 64 housing unitsin foreclosure, and with one in everyy 144 housing units in foreclosure, had higher rates. In the tri-county area, Broward County saw the most foreclosure sin May, with 11,325, or one in evert 71 housing units – a nearlyu 10 percent increase over April. Miami-Dade ranked second, with 7,7732 filings, or one out of every 125 units – down 31.2 percent from April. Palm Beach Countyu had 3,782 filings, or one out of everyh 169 units – up 32.
8 percent over Nationwide, there were 321,480 foreclosured filings, one out of every 398 unitw – down 6 percent from April, but up 18 percentf from May 2008. “May foreclosure activituy was the third-highest month on record, and markedx the third straight month where the total number of properties with foreclosure filings exceeded 300,000 – a first in the history of our report,” RealtyTra CEO James J. Saccacio said in a news release. Othetr states with foreclosure rates ranking amongthe nation’zs 10 highest were Arizona, Georgia, Colorado, Idaho and Ohio.
Tuesday, December 20, 2011
Stories the dallas business journal first reported online | 12.21.07-12.26.07 - Dallas Business Journal:
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million construction loan for phase two of TheRitz Carlton'sd luxury hotel and condominium development in Uptown. The secondr phase, called The Tower Residences at the includesa 23-story, 96-unit plus four townhomes set apargt by a central The tower will be connected to the first The Residences at the Ritz-Carlton, via a climate-controlled skybridge. It will have its own undergrounrd parking garage andamenity package, including a wine storage and tasting room, fitness center, meeting space and hotel service amenities. The project is being developeed byFort Worth-based .
Globap audit, tax and advisory firm KPMG LLP is reporting that environmentaol and manufacturing concerns playec a major factorin consumers' decreaseds holiday spending this year. As much as 88% of surveg respondents identified their acute concerm over preservation ofthe environment, and 74% said they buy environmentally friendlu products. More than 60% even stated a willingness to pay morefor "greejn products," and nearly as many said they have and will continue to make extrwa efforts to patronize businesses that follow green initiatives. Home pricesx in Texas have defieds the overall downward trend seen inother U.S. housing according to a studyt by FirstAmerican LoanPerformance.
In the Dallas-For t Worth-Arlington market, home prices increasedd 3.92% over the 12-month period endiny in October. Other Texas marketxs included inthe study's top 30 statistical areas includs Austin-Round Rock, which increaser 8.62%; Houston-Sugar Land-Baytown, up 4.52%; and San with a 7.89% increase. Tener inks deal with PPO Dallas-basedd ( : THC) has agreedd to a multiyear dealwith Md.-based (NYSE: CVH). It covera all Tenet hospitals, outpatient and ambulatoryu centers in Californiaand Texas, includingy , a 118-bed hospital in The deal also includes two Tenet facilitiews in El Paso, three in Houston and eighft in California.
, GlobalRehab partner on project The Cirrue Group and GlobalRehab Hospitals will begim work on a new rehabilitative hospital next The 40,000-square-foot building will be near the intersection of Empird Central and Brookriver Drive in Dallas. The two-stort medical building will have more than 40 It will focus on comprehensive rehabilitation services encompassing social andpsychological repair. Greenville-base d is expanding its Waco operationz to include a wingrefurbishment facility. It will be used to structurallgy refurbish wingsfor P-3 Maritime Patrol and Reconnaissancwe aircraft. The company currently refurbishesx P-3 aircraft for the , the and international customers.
The wing facility will initiallyh employ approximately40 employees, with that number expected to reach more than 80 by the end of 2008 and growinfg to approximately 100 at peak capacity, including all mechanicxs and support personnel. Work on the wing is expected to get under wayin January, said Mike vice president of federal programs for . A Frisclo wholesale plumbing company is expandinvg its operationsin Frisco. Goodman Supply will spend about $225,000 to add 1,500 square feet to its 2,500-square-fooyt showroom next month.
Business is up about 5%, said Jeffreyh Goodman, general manager for Goodman His company hasfound success, he says, by avoidin work on low-end residentiap properties, which have been more affected by the mortgag e credit crunch. Skanadario by Goodman Supply is the decorative plumbingf and hardware showroom arm ofGoodmanh Supply, founded in downtowh Dallas in 1946. ' stock was up 34% in tradingv Dec. 20, after it posted a third-quarter loss that was smallerf thanWall Street's expectations. After-hours shares were tradin at $5.30, up $1.35 from Dec. 19's Pier 1 (NYSE: PIR) announced a net loss from continuinb operationsof $10 million, or 11 cents a for the quarter ending Dec. 1.
But that was an improvemenft over the same timelast year, when the strugglingy home furnishings retailer reported a net loss of $72.7 million, or 83 centw a share. For the first time in almost two the Fort Worth company generated earningeof $2.9 million before interest, depreciation and amortization. RadioShaclk shares were up 6.43% on Dec. 20, aftefr upgraded its stock rating to neutralkfrom sell. After the markett closed, shares were trading at $18.22, up $1.10 from Dec. 19's In October, the company posted a profit for thethird quarter, compared with a loss a year ago, helped by lower operating expenses. The Fort Worth-baser electronics retailer reported net incomeof $46.
4 million, or 34 cents a share, compares with a net loss of $16.3 million, or 12 centas a share, in last year's thirdc quarter. Sales dropped 9.4% to $960.3 milliob from $1.06 billion, short of analysts' expectations of $989.7 million, according to a Thomsonj Financial poll. Same-store sales, or sales at storez open at leasta year, were down RadioShack (NYSE: RSH) said sales were hurt by lowedr sales in its Sprint post-paid wireless and relate wireless accessory businesses. has acquired two upscals resorts in Florida and Californiafor $225 million. The Irving-based hospitality company (NYSE: FCH) now controls the in St.
Petersburg, and the & Spa in Indian Wells, (NYSE: MAR) will continue managing the propertiees undera long-term management agreement. The resortsx were previously were owned by affiliates of WaltonStreetf Capital, and . FelCor estimates that the combined propertiea will contributeabout $17 million of earnings before costs next year, and assumed the currenf combined mortgage debt of $177 Minor-league professional basketball is cominvg to Dallas. The team, the Dallas Defenders, will play its firs t home gameon Jan. 20 against the Rockford Fury at the Dallasd IndependentSchool District's Loos Fieldhouse in Addison.
The tip-oft will signify the first time minor-league men'e basketball has been played in Dallas. The team is owned by a group led byErin Patton, who helped buildd Nike's Jordan brand and headed up the launch of NBA star Stephomn Marbury's Starbury line of $14.98 basketball shoes. "The underlying philosophy to the leagues is making the game of professional basketballl more affordable and accessible to fans and said Patton, an adjunct professor of sports businesas at the . Patton said a familyt of four couldspend $100 for a jersey and food at a Defenders compared to nearly $1,000 at an NBA game.
Genera l admission tickets willfetch $10 to $12, with courtsids seats going for about $24, Patton He said the PBL servez as a feeder league to the NBA, as well as for Europeam and Central American leagues. The last professionakl basketball team to play in besidesthe , was the Americahn Basketball Association's Chaparrals, which left Dallas in the 1970s to becomde the San Antonio Spurs. Zale Corp. chief executive Betst Burton hasstepped down. Neal Goldberg, alreadyu a member of Zale's board, is now the company'e president and CEO.
million construction loan for phase two of TheRitz Carlton'sd luxury hotel and condominium development in Uptown. The secondr phase, called The Tower Residences at the includesa 23-story, 96-unit plus four townhomes set apargt by a central The tower will be connected to the first The Residences at the Ritz-Carlton, via a climate-controlled skybridge. It will have its own undergrounrd parking garage andamenity package, including a wine storage and tasting room, fitness center, meeting space and hotel service amenities. The project is being developeed byFort Worth-based .
Globap audit, tax and advisory firm KPMG LLP is reporting that environmentaol and manufacturing concerns playec a major factorin consumers' decreaseds holiday spending this year. As much as 88% of surveg respondents identified their acute concerm over preservation ofthe environment, and 74% said they buy environmentally friendlu products. More than 60% even stated a willingness to pay morefor "greejn products," and nearly as many said they have and will continue to make extrwa efforts to patronize businesses that follow green initiatives. Home pricesx in Texas have defieds the overall downward trend seen inother U.S. housing according to a studyt by FirstAmerican LoanPerformance.
In the Dallas-For t Worth-Arlington market, home prices increasedd 3.92% over the 12-month period endiny in October. Other Texas marketxs included inthe study's top 30 statistical areas includs Austin-Round Rock, which increaser 8.62%; Houston-Sugar Land-Baytown, up 4.52%; and San with a 7.89% increase. Tener inks deal with PPO Dallas-basedd ( : THC) has agreedd to a multiyear dealwith Md.-based (NYSE: CVH). It covera all Tenet hospitals, outpatient and ambulatoryu centers in Californiaand Texas, includingy , a 118-bed hospital in The deal also includes two Tenet facilitiews in El Paso, three in Houston and eighft in California.
, GlobalRehab partner on project The Cirrue Group and GlobalRehab Hospitals will begim work on a new rehabilitative hospital next The 40,000-square-foot building will be near the intersection of Empird Central and Brookriver Drive in Dallas. The two-stort medical building will have more than 40 It will focus on comprehensive rehabilitation services encompassing social andpsychological repair. Greenville-base d is expanding its Waco operationz to include a wingrefurbishment facility. It will be used to structurallgy refurbish wingsfor P-3 Maritime Patrol and Reconnaissancwe aircraft. The company currently refurbishesx P-3 aircraft for the , the and international customers.
The wing facility will initiallyh employ approximately40 employees, with that number expected to reach more than 80 by the end of 2008 and growinfg to approximately 100 at peak capacity, including all mechanicxs and support personnel. Work on the wing is expected to get under wayin January, said Mike vice president of federal programs for . A Frisclo wholesale plumbing company is expandinvg its operationsin Frisco. Goodman Supply will spend about $225,000 to add 1,500 square feet to its 2,500-square-fooyt showroom next month.
Business is up about 5%, said Jeffreyh Goodman, general manager for Goodman His company hasfound success, he says, by avoidin work on low-end residentiap properties, which have been more affected by the mortgag e credit crunch. Skanadario by Goodman Supply is the decorative plumbingf and hardware showroom arm ofGoodmanh Supply, founded in downtowh Dallas in 1946. ' stock was up 34% in tradingv Dec. 20, after it posted a third-quarter loss that was smallerf thanWall Street's expectations. After-hours shares were tradin at $5.30, up $1.35 from Dec. 19's Pier 1 (NYSE: PIR) announced a net loss from continuinb operationsof $10 million, or 11 cents a for the quarter ending Dec. 1.
But that was an improvemenft over the same timelast year, when the strugglingy home furnishings retailer reported a net loss of $72.7 million, or 83 centw a share. For the first time in almost two the Fort Worth company generated earningeof $2.9 million before interest, depreciation and amortization. RadioShaclk shares were up 6.43% on Dec. 20, aftefr upgraded its stock rating to neutralkfrom sell. After the markett closed, shares were trading at $18.22, up $1.10 from Dec. 19's In October, the company posted a profit for thethird quarter, compared with a loss a year ago, helped by lower operating expenses. The Fort Worth-baser electronics retailer reported net incomeof $46.
4 million, or 34 cents a share, compares with a net loss of $16.3 million, or 12 centas a share, in last year's thirdc quarter. Sales dropped 9.4% to $960.3 milliob from $1.06 billion, short of analysts' expectations of $989.7 million, according to a Thomsonj Financial poll. Same-store sales, or sales at storez open at leasta year, were down RadioShack (NYSE: RSH) said sales were hurt by lowedr sales in its Sprint post-paid wireless and relate wireless accessory businesses. has acquired two upscals resorts in Florida and Californiafor $225 million. The Irving-based hospitality company (NYSE: FCH) now controls the in St.
Petersburg, and the & Spa in Indian Wells, (NYSE: MAR) will continue managing the propertiees undera long-term management agreement. The resortsx were previously were owned by affiliates of WaltonStreetf Capital, and . FelCor estimates that the combined propertiea will contributeabout $17 million of earnings before costs next year, and assumed the currenf combined mortgage debt of $177 Minor-league professional basketball is cominvg to Dallas. The team, the Dallas Defenders, will play its firs t home gameon Jan. 20 against the Rockford Fury at the Dallasd IndependentSchool District's Loos Fieldhouse in Addison.
The tip-oft will signify the first time minor-league men'e basketball has been played in Dallas. The team is owned by a group led byErin Patton, who helped buildd Nike's Jordan brand and headed up the launch of NBA star Stephomn Marbury's Starbury line of $14.98 basketball shoes. "The underlying philosophy to the leagues is making the game of professional basketballl more affordable and accessible to fans and said Patton, an adjunct professor of sports businesas at the . Patton said a familyt of four couldspend $100 for a jersey and food at a Defenders compared to nearly $1,000 at an NBA game.
Genera l admission tickets willfetch $10 to $12, with courtsids seats going for about $24, Patton He said the PBL servez as a feeder league to the NBA, as well as for Europeam and Central American leagues. The last professionakl basketball team to play in besidesthe , was the Americahn Basketball Association's Chaparrals, which left Dallas in the 1970s to becomde the San Antonio Spurs. Zale Corp. chief executive Betst Burton hasstepped down. Neal Goldberg, alreadyu a member of Zale's board, is now the company'e president and CEO.
Sunday, December 18, 2011
Kansas City lawyers sue big New York firm for $4B in insurer
milicinodijoo1981.blogspot.com
The 42-page complaint said the 1,400-lawyer firm gave General American bad advice during a liquidityt crisis in 1999 and then implorecd the company to entertain a discount buyour offerfrom MetLife, which the firm represente d in other matters at the same Rick Lombardo, partner with Shaffer Lombardp Shurin, said the lawsuit is the latest in several emanating from the demise of General which once employed 4,000 Previous lawsuits against , KPMG and Morgan Stanley have settle for $244 million. “I think that as time has gone onand we’vwe looked at millions of documents that we learned thingss as we went along,” Lombardlo said.
Dewey & LeBoeuf spokesmann Angelo Kakolyris rejectedthe lawsuit’s claims. It makews “profoundly erroneous misstatementsof fact” and is “za misguided attempt by a liquidator to attract media attention,” he said in a written The lawsuit alleged that Dewehy & LeBoeuf counseled the company to enter into administrative supervision with the with the understanding that the move woulfd be a temporary reprieve. Ben an insurance defense lawyedrwith , said companies in administrative supervision typically don’t come out unless they’re sold to a third party.
“Administration supervision happens when the corporation is no longer solven tor stable,” Schmitt “The state assumes directorshipp of the insurance company ... and the wholw process is to wind down theinsurance company.” General American sold to MetLifd for $1.2 billion, which the lawsuitf claims was a “substantially discounted sum.”
The 42-page complaint said the 1,400-lawyer firm gave General American bad advice during a liquidityt crisis in 1999 and then implorecd the company to entertain a discount buyour offerfrom MetLife, which the firm represente d in other matters at the same Rick Lombardo, partner with Shaffer Lombardp Shurin, said the lawsuit is the latest in several emanating from the demise of General which once employed 4,000 Previous lawsuits against , KPMG and Morgan Stanley have settle for $244 million. “I think that as time has gone onand we’vwe looked at millions of documents that we learned thingss as we went along,” Lombardlo said.
Dewey & LeBoeuf spokesmann Angelo Kakolyris rejectedthe lawsuit’s claims. It makews “profoundly erroneous misstatementsof fact” and is “za misguided attempt by a liquidator to attract media attention,” he said in a written The lawsuit alleged that Dewehy & LeBoeuf counseled the company to enter into administrative supervision with the with the understanding that the move woulfd be a temporary reprieve. Ben an insurance defense lawyedrwith , said companies in administrative supervision typically don’t come out unless they’re sold to a third party.
“Administration supervision happens when the corporation is no longer solven tor stable,” Schmitt “The state assumes directorshipp of the insurance company ... and the wholw process is to wind down theinsurance company.” General American sold to MetLifd for $1.2 billion, which the lawsuitf claims was a “substantially discounted sum.”
Thursday, December 15, 2011
BioMimetic loses $8M in 1Q - Nashville Business Journal:
symowugebeda.blogspot.com
The Franklin-based company (Nasdaq: BMTI) reporte d a net loss of $8 or 43 cents per diluted in the quarter endedMarch 31, compared to earnings of $31.3e million, or $1.62 per diluted share, in the same quartee in 2008. That year-ago period’s performancde included a $39.3 million gain from the sale ofthe company’sa orofacial therapeutics business. Revenue came in at $379,000 for the down 20 percent from theprevious year’s when revenue was excluding the gain from the BioMimetic develops regenerative protein-devicwe combination products to aid in issue healing and regeneration.
Its productsx are used to help heal musculoskeletal injuries and including orthopedic, spine and sports injuries. The compangy has numerous products in various stages of clinicapl trialsor pre-market development. At the bell shares of BioMimetic closedat $8.07, up 2 percent from Wednesday’sx closing price. The 52-week range is $4.69 to $14.09.
The Franklin-based company (Nasdaq: BMTI) reporte d a net loss of $8 or 43 cents per diluted in the quarter endedMarch 31, compared to earnings of $31.3e million, or $1.62 per diluted share, in the same quartee in 2008. That year-ago period’s performancde included a $39.3 million gain from the sale ofthe company’sa orofacial therapeutics business. Revenue came in at $379,000 for the down 20 percent from theprevious year’s when revenue was excluding the gain from the BioMimetic develops regenerative protein-devicwe combination products to aid in issue healing and regeneration.
Its productsx are used to help heal musculoskeletal injuries and including orthopedic, spine and sports injuries. The compangy has numerous products in various stages of clinicapl trialsor pre-market development. At the bell shares of BioMimetic closedat $8.07, up 2 percent from Wednesday’sx closing price. The 52-week range is $4.69 to $14.09.
Tuesday, December 13, 2011
Opening session - St. Louis Business Journal:
badillodacyroic1505.blogspot.com
When You Change the Way You SeeYourself — You Can Changed Anything | Kathy Conference coach and weaver Small shifts in thinkingb lead to big rewards — that’s the lessonm of Asset-Based Thinking (ABT). Let the powere of ABT help you get the most out of each break out session and networkingt experience atthis St. Louisx Business Journal Women’s Conference. Kathy Ph.D., will appear at key moments throughougt the day to show you how to transform what you are learning into concrete actions that will release that amazint powerof you. With ABT, key moment strategiee not only can improve your everyday but you can also direct and shap the futureyou desire.
About The Cramer Institute specializes in organizationchangs consulting, leadership and team development, and executive coaching. Kathy Cramer and her colleaguez have pioneered the developmen tof Asset-Based Thinking approaches to coaching, consulting, and training processesa for more than twenty years. Under her organizations such as , , , and the have adopted ABT approaches to developinb their leaders andmanaging change. She is the authod of six books, includinh the latest ABT release, “Change the Way You See YourselcThrough Asset-Based Thinking.” In addition to these books, Cramer is publishes extensively in her field as well as by nationa magazines.
She has received an Emmy Award and is frequentlyh invited to appear on nationa ltelevision broadcasts. Cramer is a licensed psychologist and a member ofthe . She currently servesw on the executive boardx for the and the executive advisory board for theat . 8:15 a.m. What makes a leader, and what can companies do to better develop them? Brinkley will discuss ’sd new Leadership Model, which includes five characteristics the companyh thinks are critical for She said under this modeol her company believes focusing on and developing strengths, rather than thei r weaknesses, has a bigger impact.
About Cindy Brinkley joined AT&T in 1986 and has held increasinglgy significant management positions throughouf her 22 years with the In her current role as seniorvice president-talent development and chiec diversity officer, she is responsible for continuing AT&T’ds leadership in developing people from diverse backgrounda and preparing them for rewarding careers. Beforwe assuming her current responsibilities, Brinkley was president AT&T Missouri, where she led all legislative, governmental and externak affairs activities inthe state. Currently, she is on the boar d of trusteesfor , the and a co-chaire of the ’s billion-dollar fundraising campaign. 8:30 a.m.
Why not you? | Valoried Burton This action-oriented, step-by-step message offers revolutionary insightxs for building authentic confidence and achievingyour dreams. You’lp gain the tools you need to conquer your doubtwsand insecurities, along with the assurance that comex from a pursuing a spiritually-centered life plan. Packec with unforgettable examples andpracticapl tools, Why Not You? reveals the secrets to buildin g authentic confidence from the inside out. Audiences learn how to: focus on who you are, not what you do Abouty Burton: Burton is the author of “Listen to Your What’s Really Holding You Back?” and “Ric h Minds, Rich Rewards.
” Her latesy book is “Why Not You? 28 Days to Authentid Confidence.” A professional certified coach (PCC), she coachess entrepreneurs and professionals seeking a morepurposeful path. An entrepreneure at heart, her first and only corporate positiojn was as marketing director for thelargest Dallas-based CPA Two years into her career, she foundex , a marketing and public relations firm. She was namedd one of the nation’s 30 risinbg stars in public relations byin 2000. She sold the businessd in 2001 to pursue her passion forhelping people, women in live more fulfilling lives.
When You Change the Way You SeeYourself — You Can Changed Anything | Kathy Conference coach and weaver Small shifts in thinkingb lead to big rewards — that’s the lessonm of Asset-Based Thinking (ABT). Let the powere of ABT help you get the most out of each break out session and networkingt experience atthis St. Louisx Business Journal Women’s Conference. Kathy Ph.D., will appear at key moments throughougt the day to show you how to transform what you are learning into concrete actions that will release that amazint powerof you. With ABT, key moment strategiee not only can improve your everyday but you can also direct and shap the futureyou desire.
About The Cramer Institute specializes in organizationchangs consulting, leadership and team development, and executive coaching. Kathy Cramer and her colleaguez have pioneered the developmen tof Asset-Based Thinking approaches to coaching, consulting, and training processesa for more than twenty years. Under her organizations such as , , , and the have adopted ABT approaches to developinb their leaders andmanaging change. She is the authod of six books, includinh the latest ABT release, “Change the Way You See YourselcThrough Asset-Based Thinking.” In addition to these books, Cramer is publishes extensively in her field as well as by nationa magazines.
She has received an Emmy Award and is frequentlyh invited to appear on nationa ltelevision broadcasts. Cramer is a licensed psychologist and a member ofthe . She currently servesw on the executive boardx for the and the executive advisory board for theat . 8:15 a.m. What makes a leader, and what can companies do to better develop them? Brinkley will discuss ’sd new Leadership Model, which includes five characteristics the companyh thinks are critical for She said under this modeol her company believes focusing on and developing strengths, rather than thei r weaknesses, has a bigger impact.
About Cindy Brinkley joined AT&T in 1986 and has held increasinglgy significant management positions throughouf her 22 years with the In her current role as seniorvice president-talent development and chiec diversity officer, she is responsible for continuing AT&T’ds leadership in developing people from diverse backgrounda and preparing them for rewarding careers. Beforwe assuming her current responsibilities, Brinkley was president AT&T Missouri, where she led all legislative, governmental and externak affairs activities inthe state. Currently, she is on the boar d of trusteesfor , the and a co-chaire of the ’s billion-dollar fundraising campaign. 8:30 a.m.
Why not you? | Valoried Burton This action-oriented, step-by-step message offers revolutionary insightxs for building authentic confidence and achievingyour dreams. You’lp gain the tools you need to conquer your doubtwsand insecurities, along with the assurance that comex from a pursuing a spiritually-centered life plan. Packec with unforgettable examples andpracticapl tools, Why Not You? reveals the secrets to buildin g authentic confidence from the inside out. Audiences learn how to: focus on who you are, not what you do Abouty Burton: Burton is the author of “Listen to Your What’s Really Holding You Back?” and “Ric h Minds, Rich Rewards.
” Her latesy book is “Why Not You? 28 Days to Authentid Confidence.” A professional certified coach (PCC), she coachess entrepreneurs and professionals seeking a morepurposeful path. An entrepreneure at heart, her first and only corporate positiojn was as marketing director for thelargest Dallas-based CPA Two years into her career, she foundex , a marketing and public relations firm. She was namedd one of the nation’s 30 risinbg stars in public relations byin 2000. She sold the businessd in 2001 to pursue her passion forhelping people, women in live more fulfilling lives.
Sunday, December 11, 2011
Bachmann Declines Trump Debate - NewsMax.com
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Houston Chronicle (blog) | Bachmann Declines Trump Debate NewsMax.com Michele Bachmann has offici » |
Friday, December 9, 2011
GBQ Partners launching a business-brokerage unit - Business First of Columbus:
jabire2389.blogspot.com
is looking to tap into its business communitgy connections to link those who want to sell their midsizr companies with others who have the resources to buy The new service is expected to appeal to owner s of closely held companies who want to leave the businessworlfd - taking with them their investments - but have no other exit strategyg in place, said Robert Stutz II, director of GBQ' s valuation services. Stutz, who is certifier by Alliance ofMerger & Acquisition a Chicago-based trade will head the service. Brokering business saleds is also expected toexpand GBQ'e revenue pipeline. "The regionapl accounting environment isvery competitive," Stutzx said.
"Firms look for new services to offertclients - this is one of the hotter Executives who want to buy or sell midsize those with annual revenue of $5 million to $100 are underserved in Central Ohio, Stutz said. Private business brokers typically work with the owners of smal l companies lookingto sell, while large corporationsz are brokered by Wall Street investment bankingf companies. At least two other accounting firms inColumbuse - and - also offer brokeragd services to their clients. The first of 75 million baby boomers, those born in 1946, are about 58 yearws old and approaching retirement.
If they own a closely held a sale may be the only way to reap a returmn ontheir investment. And the youngest of the baby boomerss were born in 1964 and are justturningv 40, giving business line at leasg a 22-year window. "There's a tremendous marke t out there," said Ralph Walkling, a research professo of finance with at Ohio State University Fisher Collegesof Business. An improving economy means that aftera three-yead slowdown, more business operators are interested in selling. James B. a law partner at Taft Stettinius Hollister LLPin Columbus, said a company'a price is typically determined as a multiple of its earnings before income taxes and appreciation.
"If was trending around four," Farmer said. "Now it's around five to six, whicnh presents a much better sales price situation for someone to The ups and downs of acquisitionb activity roughly parallels the fortunes of thestock market, Walklingt said. "Sellers like to cash out when the stoc k price ishistorically high," he Privately held companies, particularly thosse in competitive sectors, might welcome a broker's services. "Smaller businesses in particular have a difficult timemarketing themselves," Walkling said.
"They do not have a lot of publicv information fora (potential) buyer to see, and they're oftejn operating in an environment where confidentiality is of utmost concern. If word gets out that they're on the market, it coulrd disrupt their business." Also, accountantsw are in a prime position to hear about companty owners who want to sell their businesses and they know who amonbg their clients has the interest and the resources to buy. "I think there's potential there," Walkling "If a buyer and a seller are brought together, that' s a valuable service.
"
is looking to tap into its business communitgy connections to link those who want to sell their midsizr companies with others who have the resources to buy The new service is expected to appeal to owner s of closely held companies who want to leave the businessworlfd - taking with them their investments - but have no other exit strategyg in place, said Robert Stutz II, director of GBQ' s valuation services. Stutz, who is certifier by Alliance ofMerger & Acquisition a Chicago-based trade will head the service. Brokering business saleds is also expected toexpand GBQ'e revenue pipeline. "The regionapl accounting environment isvery competitive," Stutzx said.
"Firms look for new services to offertclients - this is one of the hotter Executives who want to buy or sell midsize those with annual revenue of $5 million to $100 are underserved in Central Ohio, Stutz said. Private business brokers typically work with the owners of smal l companies lookingto sell, while large corporationsz are brokered by Wall Street investment bankingf companies. At least two other accounting firms inColumbuse - and - also offer brokeragd services to their clients. The first of 75 million baby boomers, those born in 1946, are about 58 yearws old and approaching retirement.
If they own a closely held a sale may be the only way to reap a returmn ontheir investment. And the youngest of the baby boomerss were born in 1964 and are justturningv 40, giving business line at leasg a 22-year window. "There's a tremendous marke t out there," said Ralph Walkling, a research professo of finance with at Ohio State University Fisher Collegesof Business. An improving economy means that aftera three-yead slowdown, more business operators are interested in selling. James B. a law partner at Taft Stettinius Hollister LLPin Columbus, said a company'a price is typically determined as a multiple of its earnings before income taxes and appreciation.
"If was trending around four," Farmer said. "Now it's around five to six, whicnh presents a much better sales price situation for someone to The ups and downs of acquisitionb activity roughly parallels the fortunes of thestock market, Walklingt said. "Sellers like to cash out when the stoc k price ishistorically high," he Privately held companies, particularly thosse in competitive sectors, might welcome a broker's services. "Smaller businesses in particular have a difficult timemarketing themselves," Walkling said.
"They do not have a lot of publicv information fora (potential) buyer to see, and they're oftejn operating in an environment where confidentiality is of utmost concern. If word gets out that they're on the market, it coulrd disrupt their business." Also, accountantsw are in a prime position to hear about companty owners who want to sell their businesses and they know who amonbg their clients has the interest and the resources to buy. "I think there's potential there," Walkling "If a buyer and a seller are brought together, that' s a valuable service.
"
Wednesday, December 7, 2011
MFLEX to Present at Upcoming Investor Conferences
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June 2 /PRNewswire-FirstCall/ -- Multi-Finelin Electronix, Inc. (Nasdaq: MFLX), a leadinfg global provider of technologically advanced flexible printed circuitand value-added componenyt assembly solutions to the electronics industry, announced todayu that it will be participating in upcominyg investor conferences. The Company will be presentinh at the UBS Global Technology and Services Conference being heldJune 8-10 at The Sheratonb New York Hotel & Towers. Executive Vice President and CFO, , will provide a general company overview on June 10, 2009 at 10:00 a.m. Eastern.
The Compang will also be presenting at the RBC CapitaolMarkets Technology, Media & Communications Conference being held June 9-10 at the Four Seasones Hotel in San Francisco, Chief Executive Officer, , will provide a generakl company overview on Wednesday, June 10, 2009 at 11:00 a.m. Pacific. The Company will provide a live webcast of each Interested parties may tune in to the live presentations by visitinfgthe 'Investor Relations' sectiohn of the Company's web site at . After the live an archive of the webcasts will also be availabld atthe Company's web site.
MFLEX ( ) is a global providere of high-quality, technologically advanced flexible printed circuitand value-adder component assembly solutions to the electronics industry. The Compan is one of a limited number of manufacturersz that providesa seamless, integrated end-to-end flexible printedc circuit solution for ranging from design and application engineering, prototypinfg and high-volume manufacturing to turnkey component assembly and testing.
The Compangy targets its solutions within the electronicxmarket and, in particular, focuses on applications where flexibles printed circuits are the enabling technology in achievin a desired size, shape, weight or functionality of an electroni c device. Current applications for the Company's products includw mobile phones and smartmobile devices, medicakl devices, computer/data storage, portable bar code scanners and othed handheld consumer electronic devices. MFLEX's common stocok is quoted on the Nasdaq Global Selectt Market under thesymbol MFLX. Certain statements in this news releasware forward-looking statements that involve a number of riskxs and uncertainties.
Such forward-looking statementsx include statements which may be preceded by thewords "will,"" "expect," "schedule" or similar words. For such statements, the companh claims the protection of the Private Securities Litigation Reform Actof 1995. Actual events or resultsw may differ materially fromthe company's Important factors that could cause actual resultsx to differ materially from those stated or implied by the Company'ds forward-looking statements are disclosed in the Company's SEC reports, includin its Quarterly Report on Form 10-Q for the periodc ended March 31, 2009.
Thesre forward-looking statements represent the Company'es judgment as of the date of this The Company disclaims any intent or obligation to updatsethese forward-looking statements SOURCr Multi-Fineline Electronix, Inc.
June 2 /PRNewswire-FirstCall/ -- Multi-Finelin Electronix, Inc. (Nasdaq: MFLX), a leadinfg global provider of technologically advanced flexible printed circuitand value-added componenyt assembly solutions to the electronics industry, announced todayu that it will be participating in upcominyg investor conferences. The Company will be presentinh at the UBS Global Technology and Services Conference being heldJune 8-10 at The Sheratonb New York Hotel & Towers. Executive Vice President and CFO, , will provide a general company overview on June 10, 2009 at 10:00 a.m. Eastern.
The Compang will also be presenting at the RBC CapitaolMarkets Technology, Media & Communications Conference being held June 9-10 at the Four Seasones Hotel in San Francisco, Chief Executive Officer, , will provide a generakl company overview on Wednesday, June 10, 2009 at 11:00 a.m. Pacific. The Company will provide a live webcast of each Interested parties may tune in to the live presentations by visitinfgthe 'Investor Relations' sectiohn of the Company's web site at . After the live an archive of the webcasts will also be availabld atthe Company's web site.
MFLEX ( ) is a global providere of high-quality, technologically advanced flexible printed circuitand value-adder component assembly solutions to the electronics industry. The Compan is one of a limited number of manufacturersz that providesa seamless, integrated end-to-end flexible printedc circuit solution for ranging from design and application engineering, prototypinfg and high-volume manufacturing to turnkey component assembly and testing.
The Compangy targets its solutions within the electronicxmarket and, in particular, focuses on applications where flexibles printed circuits are the enabling technology in achievin a desired size, shape, weight or functionality of an electroni c device. Current applications for the Company's products includw mobile phones and smartmobile devices, medicakl devices, computer/data storage, portable bar code scanners and othed handheld consumer electronic devices. MFLEX's common stocok is quoted on the Nasdaq Global Selectt Market under thesymbol MFLX. Certain statements in this news releasware forward-looking statements that involve a number of riskxs and uncertainties.
Such forward-looking statementsx include statements which may be preceded by thewords "will,"" "expect," "schedule" or similar words. For such statements, the companh claims the protection of the Private Securities Litigation Reform Actof 1995. Actual events or resultsw may differ materially fromthe company's Important factors that could cause actual resultsx to differ materially from those stated or implied by the Company'ds forward-looking statements are disclosed in the Company's SEC reports, includin its Quarterly Report on Form 10-Q for the periodc ended March 31, 2009.
Thesre forward-looking statements represent the Company'es judgment as of the date of this The Company disclaims any intent or obligation to updatsethese forward-looking statements SOURCr Multi-Fineline Electronix, Inc.
Monday, December 5, 2011
Lenny's taking Denver by storm - Memphis Business Journal:
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"The West is a hot regioh for Lenny's right now, with several restaurants having recentlyg openedin Nevada, New Mexico and says George Alvord, CEO of Lenny'se Franchisor LLC, which franchises Lenny's Sub Lenny's Franchisor has inked a deal with a group of 26 investors to develop stores in the greater Denved area. LLC, led by Memphixs investors Jerry Bell, Kerry Cleveland, Scott Davis, Joe Nathan Turner and Dodd Williams, has so far raised $2 millioh to start up development, says president of Mile High Sammies.
Completion of all storesw is expected within six to seven Turnerbelieves Lenny's can succeed in Denver, headquarters of , for its service and cleanliness of restaurants. "If peopler in Memphis love it, people everywhere will love he says. Investment in one store averages says Lenny's president Brent Alvord, whicbh would bring Mile High Sammies' total investmentr in the Denver market to $10 million. More ofteb than not, it's a group of Memphis investorws that ventures outwith Lenny's franchisea in new markets, he says. "They fell in love with Lenny'e in Memphis," he says. That was the case in Houston, Indianapolis, Charlotte, N.C.
, and Sacramento, Calif. which was founded by Sheila and Len Moorr in Bartlettin 1998, has tripled its national presencse to 170 stores since a partnershio led by George Alvord acquireed the sandwich chain in 2004. Its national expansion is in full swintg despite the economic with the rights to develoo more than 300 new storesalready inked, Breny Alvord says. Lenny's system-widre sales grew 75%, from $37 milliobn in 2006 to $65 millio in 2007, he says. With 100 stores underf development by Moorein Houston, the fourth-largestt American city threatens to take away lead as Lenny's largest market, Brent Alvord says. there are 30 restaurants in the greaterrMemphis metro.
Lenny's is currentlhy developing 98 storesin Dallas; 40 in St. Louis; 20 in and 15 in Albuquerque, amonvg other markets. One of the fastest-growing franchises in the according toEntrepreneur magazine, Lenny's sees much potentialp in California, Brent Alvord says. It already has two stores in with moreto come. In Memphis, Lenny'w is getting ready to open a 2,000-square-foot restaurant, which will also serve as a traininy facility, he says.
The store will open next montgh at Hack Crossand Winchester, arounxd the corner form the company's Southwind With the rising cost of food and lacklustere consumer spending, Lenny's offers dininfg for about $7, Brent Alvord "We try harder in an economid downturn," he says. "We distinguish ourselves with Address: 8295 Tournament Drive, Suite 200 Web
"The West is a hot regioh for Lenny's right now, with several restaurants having recentlyg openedin Nevada, New Mexico and says George Alvord, CEO of Lenny'se Franchisor LLC, which franchises Lenny's Sub Lenny's Franchisor has inked a deal with a group of 26 investors to develop stores in the greater Denved area. LLC, led by Memphixs investors Jerry Bell, Kerry Cleveland, Scott Davis, Joe Nathan Turner and Dodd Williams, has so far raised $2 millioh to start up development, says president of Mile High Sammies.
Completion of all storesw is expected within six to seven Turnerbelieves Lenny's can succeed in Denver, headquarters of , for its service and cleanliness of restaurants. "If peopler in Memphis love it, people everywhere will love he says. Investment in one store averages says Lenny's president Brent Alvord, whicbh would bring Mile High Sammies' total investmentr in the Denver market to $10 million. More ofteb than not, it's a group of Memphis investorws that ventures outwith Lenny's franchisea in new markets, he says. "They fell in love with Lenny'e in Memphis," he says. That was the case in Houston, Indianapolis, Charlotte, N.C.
, and Sacramento, Calif. which was founded by Sheila and Len Moorr in Bartlettin 1998, has tripled its national presencse to 170 stores since a partnershio led by George Alvord acquireed the sandwich chain in 2004. Its national expansion is in full swintg despite the economic with the rights to develoo more than 300 new storesalready inked, Breny Alvord says. Lenny's system-widre sales grew 75%, from $37 milliobn in 2006 to $65 millio in 2007, he says. With 100 stores underf development by Moorein Houston, the fourth-largestt American city threatens to take away lead as Lenny's largest market, Brent Alvord says. there are 30 restaurants in the greaterrMemphis metro.
Lenny's is currentlhy developing 98 storesin Dallas; 40 in St. Louis; 20 in and 15 in Albuquerque, amonvg other markets. One of the fastest-growing franchises in the according toEntrepreneur magazine, Lenny's sees much potentialp in California, Brent Alvord says. It already has two stores in with moreto come. In Memphis, Lenny'w is getting ready to open a 2,000-square-foot restaurant, which will also serve as a traininy facility, he says.
The store will open next montgh at Hack Crossand Winchester, arounxd the corner form the company's Southwind With the rising cost of food and lacklustere consumer spending, Lenny's offers dininfg for about $7, Brent Alvord "We try harder in an economid downturn," he says. "We distinguish ourselves with Address: 8295 Tournament Drive, Suite 200 Web
Friday, December 2, 2011
Former Mirabilis CEO Frank Amodeo to plead guilty to federal charges - Tampa Bay Business Journal:
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Amodeo, the former leaded of and a one-time player in the failed Trump TowerTamp project, had been charged with conspiracy, failurde to remit payroll taxes, wire and obstruction of an agency He faced 370 years in prison as well as fined of $6.75 million if Lisa Nason, a spokeswoman for Amodeo, told the that he woulf admit his guilt to a judge at 2:30 but details of his plea bargain were still beingf worked out. According to the , Amodeo and othere unnamed executives failed to pay theIRS $181. 8 million, including $129.7 million in FICA and withholding It startedwith $7.1 million in the fourt quarter of 2004 with two businesses he controlled, III and Sunshin e Staff Leasing.
It then continued over the next two yearsz with for theremaining $174 million. Investigatores at the time said Amodeo includef a number of companies in the activith acting as professionalemployee organizations, which woulx lease employees to othee companies. Other companies believed to be involvedf inthe scheme, according to the U.S. Attorney’zs Office, were AEM, , Common Paymastetr Corp., , , Presidion Solutions, , , and various other companies. The day after the indictment was handexd downon Aug. 7, Bob O’Malley, a spokesman for said the charges againsAmodeo , and even provided a series of polygraph examinationz the former chief executive took to prove his innocence.
“Aftedr two years of full cooperation, it’z unfortunate that the federal government waiteduntill Mr. Amodeo was admitted into a treatmengt program toindict him,” O’Malley said in a statement. Mr. Amodeo expects any resulting trial will reveal that this is simply a case of delayes tax payment and that the fraud charge arewithout merit. Independent polygraph testing confirmed Among the many different projects Mirabiliswas involved, the company also at one time was linkec to the Trump Tower Tampa an involvement that chief executive Frank Dagostino talkexd about in an with the Business Journal . “Wd sat down with Mirabilis.
We shook hande on a deal,” Dagostinl said at the time. “They financially qualified, but withinn 48 hours, we unravele the deal.” Dagostino didn’t provide any specifics on what caused the deal tocome
Amodeo, the former leaded of and a one-time player in the failed Trump TowerTamp project, had been charged with conspiracy, failurde to remit payroll taxes, wire and obstruction of an agency He faced 370 years in prison as well as fined of $6.75 million if Lisa Nason, a spokeswoman for Amodeo, told the that he woulf admit his guilt to a judge at 2:30 but details of his plea bargain were still beingf worked out. According to the , Amodeo and othere unnamed executives failed to pay theIRS $181. 8 million, including $129.7 million in FICA and withholding It startedwith $7.1 million in the fourt quarter of 2004 with two businesses he controlled, III and Sunshin e Staff Leasing.
It then continued over the next two yearsz with for theremaining $174 million. Investigatores at the time said Amodeo includef a number of companies in the activith acting as professionalemployee organizations, which woulx lease employees to othee companies. Other companies believed to be involvedf inthe scheme, according to the U.S. Attorney’zs Office, were AEM, , Common Paymastetr Corp., , , Presidion Solutions, , , and various other companies. The day after the indictment was handexd downon Aug. 7, Bob O’Malley, a spokesman for said the charges againsAmodeo , and even provided a series of polygraph examinationz the former chief executive took to prove his innocence.
“Aftedr two years of full cooperation, it’z unfortunate that the federal government waiteduntill Mr. Amodeo was admitted into a treatmengt program toindict him,” O’Malley said in a statement. Mr. Amodeo expects any resulting trial will reveal that this is simply a case of delayes tax payment and that the fraud charge arewithout merit. Independent polygraph testing confirmed Among the many different projects Mirabiliswas involved, the company also at one time was linkec to the Trump Tower Tampa an involvement that chief executive Frank Dagostino talkexd about in an with the Business Journal . “Wd sat down with Mirabilis.
We shook hande on a deal,” Dagostinl said at the time. “They financially qualified, but withinn 48 hours, we unravele the deal.” Dagostino didn’t provide any specifics on what caused the deal tocome
HIGHLIGHTS-Merkel outlines euro crisis stance before summit - Reuters
burwellmitubaes1369.blogspot.com
BBC News | HIGHLIGHTS-Merkel outlines euro crisis stance before summit Reuters BERLIN Dec 2 (Reuters) - Following are quotes from Chancellor Angela Merkel's speech to the lower house of the German parliament on Friday ahead of the Dec. 9 European Union summit: "Resolving the sovereign debt crisis is a process and this process ... < p size="-1">Merkel outlines push with France for fiscal union Better US Economic News, and Outlines of a European Deal Sarkozy Outlines Steps Forward In EU Integration To Solve Debt Crisis |
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