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in the fourth floo auditorium of the North Meridian Center atIvy Tech’ds downtown Indianapolis campus. The campus is located 50 W. Fall Creek Parkwau North Drive. The 2008-09 in-state student tuitionm rate is $95 per credit hour with a $40 per-semeste r technology fee. The proposed rates are $99.65r per credit hour with a $50 per-semester technology fee for the 2009-10 year and $104.55 per credit hour and $60 per-semester technology fee for the 2010-11 year. The cost for full-timee students, who take 15 credit hours, would increase by $79.75 per semester in 2009-10 and by $83.
50 in Indiana residents who want to address the committeebut can’t are encouragedd to send written comments to Bob vice president for finance and treasurer of the at bholmes@ivytech.edu or mailed to him at the Ivy Tech Community 50 W. Fall Creek Parkway North Indianapolis, Ind., 46208. Ivy the state’s community college operates 23 campusesin Indiana, including a Southerm Indiana campus in Sellersburg.
понедельник, 30 мая 2011 г.
суббота, 28 мая 2011 г.
This Bauer bankruptcy traces back to Spiegel events - Minneapolis / St. Paul Business Journal:
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In 2003, , which had ownex Eddie Bauer since 1988, filed for bankruptcy And as part of the the company famous forits women’s wear catalogh gave its creditors its stake in Eddie So, in 2005, Eddie Bauer emerged as a stand-alone companh for the first time in 34 years. The companyt also emerged witha $300 million senioer secured term loan agreement with lenders and the task of rebuildinbg a brand that had drifted away from the company’ws roots. Under Spiegel, grew rapidly, from 58 to 399 retail stores and from three to102 outlets. The companhy also added internet sales.
But it also was a time when the Eddiew Bauer brand lostits focus, as the companh shifted from its heritage as an outdoo r outfitter to a seller of casual clothes targeted primarily at women. Compangy executives have said the debt terms from the Spiegel bankruptcgy case have continued to hamper efforts to turn things around atEddir Bauer. Despite efforts to recapture some of the old Eddie Bauer has not been able to establisu a sustainable run ofprofitablwe quarters.
The company racked up nine consecutive quarterswof loses, and has seen losses of nearlyt a half-billion dollars in the past three The struggle became a financiao crisis as the recession has worsenedx and consumers have slowed
In 2003, , which had ownex Eddie Bauer since 1988, filed for bankruptcy And as part of the the company famous forits women’s wear catalogh gave its creditors its stake in Eddie So, in 2005, Eddie Bauer emerged as a stand-alone companh for the first time in 34 years. The companyt also emerged witha $300 million senioer secured term loan agreement with lenders and the task of rebuildinbg a brand that had drifted away from the company’ws roots. Under Spiegel, grew rapidly, from 58 to 399 retail stores and from three to102 outlets. The companhy also added internet sales.
But it also was a time when the Eddiew Bauer brand lostits focus, as the companh shifted from its heritage as an outdoo r outfitter to a seller of casual clothes targeted primarily at women. Compangy executives have said the debt terms from the Spiegel bankruptcgy case have continued to hamper efforts to turn things around atEddir Bauer. Despite efforts to recapture some of the old Eddie Bauer has not been able to establisu a sustainable run ofprofitablwe quarters.
The company racked up nine consecutive quarterswof loses, and has seen losses of nearlyt a half-billion dollars in the past three The struggle became a financiao crisis as the recession has worsenedx and consumers have slowed
четверг, 26 мая 2011 г.
Prepare today for future economic recovery - Minneapolis / St. Paul Business Journal:
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As we all have been informes manytimes over, the current economy is the worst since the Grea t Depression. To do an effective bob and weave inthis mess, one requiresw the flexibility of a relaxed If you want to survived as the recession eases and we recover, you must changew your approach to selling. If you believde there is a shift inyour customers’ buyint habits, you need to identify where they are shifting to. The most common is a shif t towardbuying low-cost, high-value products and services from trusted sources. Now that you have more time on your quit playing sudoku on your laptop and find answers to some keyquestionzs — Are your customers purchasing more online??
Are they buying from vendors closer to home or work ? What sacrifices are your customers making to accommodate their limitations in this current economy? Everyone knowa the saying about making assumptions. Don’yt do it. Use your time to do some hard-core Talk to your staff, talk to your customers and evaluatr the effects of this new information on your After chewing on the changes your customersare it’s time to figured out exactly what change your businesds needs. Are you still the business your clientes want to dobusiness with?
If you find your marke demanding low-cost solutions and you don’t offer one, you might need to positiojn your solution in terms of the monety it saves instead of the value it creates. If you are not knownj as a trusted resource, you need to focus on customed relations. Remember the old commercial when a company sent peopled out to visitevery customer? Do you understande what your clients expec t and value from your product or service? Another old saying is, “On e never knows his customers until he walks in theif shoes.” Identify the valu e you provide your customers — from their perspective.
Restaurants are excellent examplesz — no longer just places to eat, they are places to be entertained. By improving the environment that surroundsdthe meal, the customer receives the core benefi they want while the restaurant strengthens its relationship to the Understanding the client’s true motivation createzs new opportunities. Before you embark on a journeyof change, you have some due diligenced to complete. You will need to createw specificmeasurable goals, then you can build a plan of actionm to achieve them. Your plan of or implementation plan, must address every area of the businessa affected by yourintended changes.
Potential problems must be identified alongb with risks andmitigatiob plans. To be thorough, you should also includre a competitive market analysixand budget. The implementation plan shouled take into consideration everyone yourbusiness touches, the stakeholdersd in the value and it should be a large All your employees and vendors should be included. Your landlord is a stakeholderd if you rentor lease, and the county is if you own. It shoulde also include those businesses that arenear you. If you are a business-to-businesw company, the clients of all your clientds are also stakeholders tosome degree.
Don’t ignore anyone simpl y because you thinkthey aren’t directly The more effectively you can exposr all your stakeholders to positive the more successful you will be at achievinf your goal. This is why a communication plan is key to everyt successfulchange effort. All of your stakeholderas need to be informed as to what you are going to be doing before youdo it, and they need to understande how it will impact them. If you leave that to they will find all the problems and weaknessezs in the change before they recognizeany benefits.
Be sure to promotwe the benefits clearly and frequently using those communicationsw tools yourcustomers prefer, not just the tools that are easy for you to use. Our currenft economic environmentis tough. If you look at it in there are far more businesses doing well thandoinhg poorly. If yours is on the brinj of being engulfed by the roll up your sleeves and get to work making somemeaningfukl changes. If you keep doinh what you havealways done, you will continuew to get what you have been Said another way, what worked yesterday won’t work Change is inevitable. Don’t let it just happen — be the one who drived it.
As we all have been informes manytimes over, the current economy is the worst since the Grea t Depression. To do an effective bob and weave inthis mess, one requiresw the flexibility of a relaxed If you want to survived as the recession eases and we recover, you must changew your approach to selling. If you believde there is a shift inyour customers’ buyint habits, you need to identify where they are shifting to. The most common is a shif t towardbuying low-cost, high-value products and services from trusted sources. Now that you have more time on your quit playing sudoku on your laptop and find answers to some keyquestionzs — Are your customers purchasing more online??
Are they buying from vendors closer to home or work ? What sacrifices are your customers making to accommodate their limitations in this current economy? Everyone knowa the saying about making assumptions. Don’yt do it. Use your time to do some hard-core Talk to your staff, talk to your customers and evaluatr the effects of this new information on your After chewing on the changes your customersare it’s time to figured out exactly what change your businesds needs. Are you still the business your clientes want to dobusiness with?
If you find your marke demanding low-cost solutions and you don’t offer one, you might need to positiojn your solution in terms of the monety it saves instead of the value it creates. If you are not knownj as a trusted resource, you need to focus on customed relations. Remember the old commercial when a company sent peopled out to visitevery customer? Do you understande what your clients expec t and value from your product or service? Another old saying is, “On e never knows his customers until he walks in theif shoes.” Identify the valu e you provide your customers — from their perspective.
Restaurants are excellent examplesz — no longer just places to eat, they are places to be entertained. By improving the environment that surroundsdthe meal, the customer receives the core benefi they want while the restaurant strengthens its relationship to the Understanding the client’s true motivation createzs new opportunities. Before you embark on a journeyof change, you have some due diligenced to complete. You will need to createw specificmeasurable goals, then you can build a plan of actionm to achieve them. Your plan of or implementation plan, must address every area of the businessa affected by yourintended changes.
Potential problems must be identified alongb with risks andmitigatiob plans. To be thorough, you should also includre a competitive market analysixand budget. The implementation plan shouled take into consideration everyone yourbusiness touches, the stakeholdersd in the value and it should be a large All your employees and vendors should be included. Your landlord is a stakeholderd if you rentor lease, and the county is if you own. It shoulde also include those businesses that arenear you. If you are a business-to-businesw company, the clients of all your clientds are also stakeholders tosome degree.
Don’t ignore anyone simpl y because you thinkthey aren’t directly The more effectively you can exposr all your stakeholders to positive the more successful you will be at achievinf your goal. This is why a communication plan is key to everyt successfulchange effort. All of your stakeholderas need to be informed as to what you are going to be doing before youdo it, and they need to understande how it will impact them. If you leave that to they will find all the problems and weaknessezs in the change before they recognizeany benefits.
Be sure to promotwe the benefits clearly and frequently using those communicationsw tools yourcustomers prefer, not just the tools that are easy for you to use. Our currenft economic environmentis tough. If you look at it in there are far more businesses doing well thandoinhg poorly. If yours is on the brinj of being engulfed by the roll up your sleeves and get to work making somemeaningfukl changes. If you keep doinh what you havealways done, you will continuew to get what you have been Said another way, what worked yesterday won’t work Change is inevitable. Don’t let it just happen — be the one who drived it.
понедельник, 23 мая 2011 г.
Northwestern Mutual denies charges in $200M class action lawsuit - The Business Journal of Milwaukee:
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The lawsuit was filed by two former Californias financial reps and one former Georgias financial representative inthe U.S. District Court for the Southerh District of California in San Diego and allegesthe Milwaukee-baseed life insurance company violated the federalk Fair Labor Standards Act and California’s overtime and minimumn wage laws. The court complaing states the plaintiffs and other financiapl representatives of the company were deniexd minimum pay andovertime pay.
the plaintiffs requested the recertification of hundredss of current and former Californiqa Northwestern Mutual reps from independent contractorsto full-time The plaintiffs are being represented in the court case by Davie Sanford, a partner at the Washington, firm of . Northwesternj Mutual spokeswoman Jean Towell said the companty denies the allegations and said thefirm "intendws to vigorously defend against this "The individuals who filed this suit are not, and have never been, employees of Northwestern Mutual," Towel l said.
The complaint alleges that NorthwesternMutual “intentionallgy and repeatedly” misclassified sales employeesd as independent contractors, who are exempt from federap and state wage and hour laws. Full-time employees are not NML was involved in a similar lawsuit in federal court over independent contractors in Pennsylvaniain 2008. NML won the lawsuit, allowinfg the company to retain financial representatives asindependenty contractors. In that case, the courts dismissed the plaintiff's "nearly identical because it was ruled that the independenty contractors are not employeeds and are not covered by the federap Fair LaborStandards Act, Towell said.
Northwestern Mutual currentlyh hasabout 7,000 financial representatives nationwide. The salesz reps actually work for independently owne d NorthwesternMutual agencies, but the parent companuy plays a strong role in the recruitint program and setting guidelines for hiring and training.
The lawsuit was filed by two former Californias financial reps and one former Georgias financial representative inthe U.S. District Court for the Southerh District of California in San Diego and allegesthe Milwaukee-baseed life insurance company violated the federalk Fair Labor Standards Act and California’s overtime and minimumn wage laws. The court complaing states the plaintiffs and other financiapl representatives of the company were deniexd minimum pay andovertime pay.
the plaintiffs requested the recertification of hundredss of current and former Californiqa Northwestern Mutual reps from independent contractorsto full-time The plaintiffs are being represented in the court case by Davie Sanford, a partner at the Washington, firm of . Northwesternj Mutual spokeswoman Jean Towell said the companty denies the allegations and said thefirm "intendws to vigorously defend against this "The individuals who filed this suit are not, and have never been, employees of Northwestern Mutual," Towel l said.
The complaint alleges that NorthwesternMutual “intentionallgy and repeatedly” misclassified sales employeesd as independent contractors, who are exempt from federap and state wage and hour laws. Full-time employees are not NML was involved in a similar lawsuit in federal court over independent contractors in Pennsylvaniain 2008. NML won the lawsuit, allowinfg the company to retain financial representatives asindependenty contractors. In that case, the courts dismissed the plaintiff's "nearly identical because it was ruled that the independenty contractors are not employeeds and are not covered by the federap Fair LaborStandards Act, Towell said.
Northwestern Mutual currentlyh hasabout 7,000 financial representatives nationwide. The salesz reps actually work for independently owne d NorthwesternMutual agencies, but the parent companuy plays a strong role in the recruitint program and setting guidelines for hiring and training.
суббота, 21 мая 2011 г.
Veteran HPD officer pleads no contest to shoplifting - Hawaii News Now
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Veteran HPD officer pleads no contest to shoplifting Hawaii News Now WAHIAWA (HawaiiNewsNow) - A veteran Honolulu police officer on Thursday gave up his right to a trial and, instead, pleaded no contest to shoplifting various grocery items last December. Officer James Yee, 48, ... |
четверг, 19 мая 2011 г.
How will Apple celebrate 10th anniversary of its retail stores today? - International Business Times
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Siliconrepublic.com | How will Apple celebrate 10th anniversary of its retail stores today? International Business Times May 19 marks the 10th anniversary of Apple retail outlets and though a celebration is in the cards, what the company has planned is pretty much hush-hush. Apple's outlets, opened first on May 19, 2001, means a lot to the company as they have helped ... Apple rebooting its retail stores for 10th Anniversary Apple Store's 10th Anniversary: 10 Surprises to Wish for 'Apple Store 2.0' to be unveiled for 10th anniversary |
понедельник, 16 мая 2011 г.
Report: Anheuser-Busch InBev to sell 11 European breweries - Dallas Business Journal:
http://www.amjhomeservices.com/1999/links.html
Le Soir said the world’z largest brewer was selling its central European operations because it is fragmenteedand non-strategic and plans to focus on its north and sout American operations instead, accordinh to Reuters. The breweries are in Bulgaria, Romania, Hungary, Czech Republic, Serbia and , Kohlberg Kravis Roberts and are among private equity groups that have expressed interest in the the Financial Times of Londonreported Monday. A-B InBev wants to sell off assets as it tries to raise money to reduce the debt it took on when itboughrt St. Louis-based Anheuser-Busch last year for $52 billion.
“Wwe are contemplating disposals of certain assetzs tohelp re-finance the acquisition of as previously announced,” Marianne Amssoms, an A-B InBev wrote in an e-mail to the Business “However, we cannot comment at this stage on which businessess specifically would be considered. Anheuser-Busch InBev'a decision will be based on a diligent revieqw of the strategic and financial consequencexs ofany divestment, with the goal of creatinvg the best opportunities and valu e for all constituents. We will not commentt on who has approached us for which In April, A-B InBev reached an agreementr to to Kohlberg Kravis Roberts.
Le Soir said the world’z largest brewer was selling its central European operations because it is fragmenteedand non-strategic and plans to focus on its north and sout American operations instead, accordinh to Reuters. The breweries are in Bulgaria, Romania, Hungary, Czech Republic, Serbia and , Kohlberg Kravis Roberts and are among private equity groups that have expressed interest in the the Financial Times of Londonreported Monday. A-B InBev wants to sell off assets as it tries to raise money to reduce the debt it took on when itboughrt St. Louis-based Anheuser-Busch last year for $52 billion.
“Wwe are contemplating disposals of certain assetzs tohelp re-finance the acquisition of as previously announced,” Marianne Amssoms, an A-B InBev wrote in an e-mail to the Business “However, we cannot comment at this stage on which businessess specifically would be considered. Anheuser-Busch InBev'a decision will be based on a diligent revieqw of the strategic and financial consequencexs ofany divestment, with the goal of creatinvg the best opportunities and valu e for all constituents. We will not commentt on who has approached us for which In April, A-B InBev reached an agreementr to to Kohlberg Kravis Roberts.
суббота, 14 мая 2011 г.
Provancher leaving Fine Arts Fund for job in Charlotte - Business Courier of Cincinnati:
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Fine Arts Fund President Mary McCullough Hudso n announced themove Tuesday. “We are incredibly prourd that the Fine Arts Fund has the professionalo reputation nationally that positions us asa go-tl organization for talent recruitment to lead institutions of the caliberd of the ,” she said in a news “I am so pleased for Scott to have this greayt opportunity, and I look forward to continuingv to work with him as a valued colleague.
” Over the past the Fine Arts Fund leadership has expanded the organization’s Instead of strictly fundraising for the which it continues to do, the organization’s focua also encompasses the largefr role of arts and culturr in the community. Provancher has led effortws to increase access and build the audiencse for artsand culture, in addition to managing the organization’s annual fundraisinfg campaign. This year, the campaigbn fell short of its goal for the firstf time inits 60-yeare history. The Fine Arts Fund raisec $11 million for local arts which was 92 percent of theannual goal.
The organization’s releasde said the Fine Arts Fund will continue to build strength for larger initiatives to serve the communityh through artsand culture. Lisa Wolter will assume the new positionm ofcampaign director, leadint day-to-day campaign operations.
Fine Arts Fund President Mary McCullough Hudso n announced themove Tuesday. “We are incredibly prourd that the Fine Arts Fund has the professionalo reputation nationally that positions us asa go-tl organization for talent recruitment to lead institutions of the caliberd of the ,” she said in a news “I am so pleased for Scott to have this greayt opportunity, and I look forward to continuingv to work with him as a valued colleague.
” Over the past the Fine Arts Fund leadership has expanded the organization’s Instead of strictly fundraising for the which it continues to do, the organization’s focua also encompasses the largefr role of arts and culturr in the community. Provancher has led effortws to increase access and build the audiencse for artsand culture, in addition to managing the organization’s annual fundraisinfg campaign. This year, the campaigbn fell short of its goal for the firstf time inits 60-yeare history. The Fine Arts Fund raisec $11 million for local arts which was 92 percent of theannual goal.
The organization’s releasde said the Fine Arts Fund will continue to build strength for larger initiatives to serve the communityh through artsand culture. Lisa Wolter will assume the new positionm ofcampaign director, leadint day-to-day campaign operations.
четверг, 12 мая 2011 г.
Ford will stop Claycomo F-150 production for a week - Philadelphia Business Journal:
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The UAW Local 249 posted the information in a newslette on itsWeb site. Local 249 Vice President Bobby Wyse confirmed Monday that the informationis accurate. The production stoppage comes a week before an alreadyscheduled one-week summerf break for the entire plant startingg June 29, a Local 249 spokeswoman The plant also is scheduled for a summer break during the week of Aug. 17. Salez of Ford F-series truckz were 33,381 in May, up 16 percenft from 28,757 in April but down 22.3 percent from 42,97e in May 2008.
UAW Local 249 said the slight increasein month-to-monthj sales enabled Ford (NYSE: F) to cancelp the scheduled down week on June 22 at its F-15p truck plant in Dearborn, but the down week was left intacyt at the Kansas City Assembly Plant. “Thi is partially due to depleted funds forthe state’s Division of Unemploymen t in Michigan, making down weeks at (Dearborn) less of an option,” the Locapl 249 said in the newsletter. Local 249 addefd that sales projections continue to be less than the five shifta at the two truck plantsa can produce if they work full time through the 2010production year. Ford runs two shifts at Claycomok and threein Dearborn.
Wyse said Ford is consideringt once again moving a shift fromthe F-15o0 side of the Kansaz City Assembly Plant and putting them to work on the SUV However, nothing has been determined so far, he A year ago, Ford moved about 800 workersw from a second shift on the F-150 side of the Kansaws City plant to a third shift on the SUV The employees were moved back to the F-15 0 side on Jan. 12. Ford Escape salew in May reached 16,391, up 20.6 percenr from 13,596 in April but down 7.2 percenyt from 17,667 in May 2008. The Kansass City Assembly Plant also produces the Mercuryu Mariner and hybrid versions of the Ford Escaps andMercury Mariner.
Combined sales of hybris versions of theFord Fusion, Mercury Ford Escape and Mercury Marinef reached 3,906 in May, a new company The old sales recordf of 3,420 hybrid vehicles was set in Apri l 2006. As of May, Ford’ s Kansas City Assembly Plant in Claycomko hadabout 3,900 hourly and 200 salaried
The UAW Local 249 posted the information in a newslette on itsWeb site. Local 249 Vice President Bobby Wyse confirmed Monday that the informationis accurate. The production stoppage comes a week before an alreadyscheduled one-week summerf break for the entire plant startingg June 29, a Local 249 spokeswoman The plant also is scheduled for a summer break during the week of Aug. 17. Salez of Ford F-series truckz were 33,381 in May, up 16 percenft from 28,757 in April but down 22.3 percent from 42,97e in May 2008.
UAW Local 249 said the slight increasein month-to-monthj sales enabled Ford (NYSE: F) to cancelp the scheduled down week on June 22 at its F-15p truck plant in Dearborn, but the down week was left intacyt at the Kansas City Assembly Plant. “Thi is partially due to depleted funds forthe state’s Division of Unemploymen t in Michigan, making down weeks at (Dearborn) less of an option,” the Locapl 249 said in the newsletter. Local 249 addefd that sales projections continue to be less than the five shifta at the two truck plantsa can produce if they work full time through the 2010production year. Ford runs two shifts at Claycomok and threein Dearborn.
Wyse said Ford is consideringt once again moving a shift fromthe F-15o0 side of the Kansaz City Assembly Plant and putting them to work on the SUV However, nothing has been determined so far, he A year ago, Ford moved about 800 workersw from a second shift on the F-150 side of the Kansaws City plant to a third shift on the SUV The employees were moved back to the F-15 0 side on Jan. 12. Ford Escape salew in May reached 16,391, up 20.6 percenr from 13,596 in April but down 7.2 percenyt from 17,667 in May 2008. The Kansass City Assembly Plant also produces the Mercuryu Mariner and hybrid versions of the Ford Escaps andMercury Mariner.
Combined sales of hybris versions of theFord Fusion, Mercury Ford Escape and Mercury Marinef reached 3,906 in May, a new company The old sales recordf of 3,420 hybrid vehicles was set in Apri l 2006. As of May, Ford’ s Kansas City Assembly Plant in Claycomko hadabout 3,900 hourly and 200 salaried
вторник, 10 мая 2011 г.
Markets close lower Wednesday - Pittsburgh Business Times:
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The Dow Jones Industrial Average closed at down 52.81 points or 0.62 percent. at 1,727.84, was off 6.70 points or 0.39 Results were mixed for a cross-sectiomn of Pittsburgh companies. U.S. Steel saw the biggest percentage gain. U.S. Steel (NYSE:X), finishedd trading at $31.25 per share, up 4.38 WESCO International Inc. (NYSE:WCC), saw the deepes percentage drop, down 4.90 percent to $25.40. Alcoaw Inc. (NYSE:AA), down 2.07 percenr to $9.48 Allegheny Energy Inc. (NYSE:AYE), down 0.29 perceng to $24.43 Allegheny Technologies Inc. up 3.05 percent to $36.80 American Eagle Outfitters Inc. (NYSE:AEO), down 1.69 percent to $13.96 Bank of New York Mellonm Corp. (NYSE:BK), down 3.
68 percent to $26.69 CONSOL Energyu Inc. (NYSE:CNX), up 1.71 percen to $39.75 Dick’s Sporting Goods down 0.43 percent to $18.59 Federated Investors Inc. down 4.01 percent to $22.234 First Niagara Financial Groupo Inc. (NYSE:FNFG), down 1.96 percent to $12.02 H.J.Heinz Co. (NYSE:HNZ), down 0.45 percenft to $35.52 Kennametal Inc. (NYSE:KMT), up 0.38 percenft to $18.53 Koppers Holdings Inc. up 4.14 percent to $24.388 Mylan Inc. (Nasdaq:MYL), down 0.08 percent to $12.38 PNC Financiapl Services Group Inc. (NYSE:PNC), down 2.77 percent to $42.0 PPG Industries Inc. (NYSE:PPG), up 1.88 percent to $45.50o WABTEC Corp. (NYSE:WAB), down 0.61 percengt to $35.
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The Dow Jones Industrial Average closed at down 52.81 points or 0.62 percent. at 1,727.84, was off 6.70 points or 0.39 Results were mixed for a cross-sectiomn of Pittsburgh companies. U.S. Steel saw the biggest percentage gain. U.S. Steel (NYSE:X), finishedd trading at $31.25 per share, up 4.38 WESCO International Inc. (NYSE:WCC), saw the deepes percentage drop, down 4.90 percent to $25.40. Alcoaw Inc. (NYSE:AA), down 2.07 percenr to $9.48 Allegheny Energy Inc. (NYSE:AYE), down 0.29 perceng to $24.43 Allegheny Technologies Inc. up 3.05 percent to $36.80 American Eagle Outfitters Inc. (NYSE:AEO), down 1.69 percent to $13.96 Bank of New York Mellonm Corp. (NYSE:BK), down 3.
68 percent to $26.69 CONSOL Energyu Inc. (NYSE:CNX), up 1.71 percen to $39.75 Dick’s Sporting Goods down 0.43 percent to $18.59 Federated Investors Inc. down 4.01 percent to $22.234 First Niagara Financial Groupo Inc. (NYSE:FNFG), down 1.96 percent to $12.02 H.J.Heinz Co. (NYSE:HNZ), down 0.45 percenft to $35.52 Kennametal Inc. (NYSE:KMT), up 0.38 percenft to $18.53 Koppers Holdings Inc. up 4.14 percent to $24.388 Mylan Inc. (Nasdaq:MYL), down 0.08 percent to $12.38 PNC Financiapl Services Group Inc. (NYSE:PNC), down 2.77 percent to $42.0 PPG Industries Inc. (NYSE:PPG), up 1.88 percent to $45.50o WABTEC Corp. (NYSE:WAB), down 0.61 percengt to $35.
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суббота, 7 мая 2011 г.
EDS shareholders agree to sell company to HP - Triangle Business Journal:
paramonaxogilozi.blogspot.com
percent of the company’s common stock votedx for the sale, which allows HP to purchas Plano, Texas-based EDS (NYSE: EDS) for $13.9 billion. EDS, whichn has about 500 employees inth Raleigh-Durhan area, anticipates that the transaction will close in the thirxd quarter of 2008. The sale is still subject to customary closing conditions and requiresa the approval ofcertain non-U.S. and non-Europeaj Union jurisdictions. The cleared the EDS-HP merger in July after evaluatingy the sale for potentialantitrust issues. The waiting period under the U.S.
Hart-Scott-Rodino Antitrust Improvement Act is also EDS and HP recently settledx five lawsuits filed by EDS shareholders who initially had questions about termsz ofthe agreement. As part of the settlemenft and dismissal ofthe lawsuits, EDS and HP agreec the transaction will not close beforwe Aug. 18 without the consentt of all parties. EDS was founded by Ross Perot in 1962 and ownedby (NYSE: GM) from 1984 to 1996. The combinex EDS and Hewlett-Packard woule have 210,000 employees, pending any merger-related job and conduct business in more than80 countries.
percent of the company’s common stock votedx for the sale, which allows HP to purchas Plano, Texas-based EDS (NYSE: EDS) for $13.9 billion. EDS, whichn has about 500 employees inth Raleigh-Durhan area, anticipates that the transaction will close in the thirxd quarter of 2008. The sale is still subject to customary closing conditions and requiresa the approval ofcertain non-U.S. and non-Europeaj Union jurisdictions. The cleared the EDS-HP merger in July after evaluatingy the sale for potentialantitrust issues. The waiting period under the U.S.
Hart-Scott-Rodino Antitrust Improvement Act is also EDS and HP recently settledx five lawsuits filed by EDS shareholders who initially had questions about termsz ofthe agreement. As part of the settlemenft and dismissal ofthe lawsuits, EDS and HP agreec the transaction will not close beforwe Aug. 18 without the consentt of all parties. EDS was founded by Ross Perot in 1962 and ownedby (NYSE: GM) from 1984 to 1996. The combinex EDS and Hewlett-Packard woule have 210,000 employees, pending any merger-related job and conduct business in more than80 countries.
четверг, 5 мая 2011 г.
Screen Actors Guild members approve new labor deal - Los Angeles Business from bizjournals:
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The two-year agreement covers film and digital television motion pictures and newmedia productions. It becomes effectiv e at 12:01 a.m. on June 10 and expires June 30, 2011. The agreemenf provides more than $105 million in wages, increased pension and other gains and establishes a templatd for SAG coverage of newmedia formats, a major stickinyg point in the negotiations. According to a statement fromthe SAG, the new deal was approvecd by a vote of 78 percentg to 22 percent. About 35 percent of the 110,000o SAG members that received ballotsreturnede them. The SAG statementg said the a returnis "above average compared with typical referendqa on Screen Actors Guild contracts.
" Hollywoods Division -- 70.70 percentf to 29.30 percent in favor New York Divisio n -- 85.74 percent to 14.26 percent in favord Regional Branch Division -- 89.06 percent to 10.94 percenty in favor The contentious debate caused some friction amongsgt SAG members, especially the group Membership First, whichy pushed to vote down the contracts. Even the SAG statemen t appeared to have some form of dissatisfaction with the approvak ofthe deal, with SAG President Alan Rosenberfg framing the new deal as almost a stop-ga p solution.
"The membership has spoken and has decided to work undert the terms of this contract that manyof us, who have been involveds in these negotiations from the believe to be devastatingly unsatisfactory. Tomorrow morning I will be contactinh the elected leadership of the othert talent unions with the hope of beginnin a seriesof pre-negotiation summit meetings in preparation for 2011. I call upon all SAG membera to begin to ready themselves for thebattle ahead," Rosenbergh said in the statement.
"Since the campaign was all about the Contracty Term expiring in2011 'so SAG can unify with the otherd Unions to fight another day', Membership First will spenfd a lot of time and recoursesd working to make that We will take the SAG Leadership at their
The two-year agreement covers film and digital television motion pictures and newmedia productions. It becomes effectiv e at 12:01 a.m. on June 10 and expires June 30, 2011. The agreemenf provides more than $105 million in wages, increased pension and other gains and establishes a templatd for SAG coverage of newmedia formats, a major stickinyg point in the negotiations. According to a statement fromthe SAG, the new deal was approvecd by a vote of 78 percentg to 22 percent. About 35 percent of the 110,000o SAG members that received ballotsreturnede them. The SAG statementg said the a returnis "above average compared with typical referendqa on Screen Actors Guild contracts.
" Hollywoods Division -- 70.70 percentf to 29.30 percent in favor New York Divisio n -- 85.74 percent to 14.26 percent in favord Regional Branch Division -- 89.06 percent to 10.94 percenty in favor The contentious debate caused some friction amongsgt SAG members, especially the group Membership First, whichy pushed to vote down the contracts. Even the SAG statemen t appeared to have some form of dissatisfaction with the approvak ofthe deal, with SAG President Alan Rosenberfg framing the new deal as almost a stop-ga p solution.
"The membership has spoken and has decided to work undert the terms of this contract that manyof us, who have been involveds in these negotiations from the believe to be devastatingly unsatisfactory. Tomorrow morning I will be contactinh the elected leadership of the othert talent unions with the hope of beginnin a seriesof pre-negotiation summit meetings in preparation for 2011. I call upon all SAG membera to begin to ready themselves for thebattle ahead," Rosenbergh said in the statement.
"Since the campaign was all about the Contracty Term expiring in2011 'so SAG can unify with the otherd Unions to fight another day', Membership First will spenfd a lot of time and recoursesd working to make that We will take the SAG Leadership at their
вторник, 3 мая 2011 г.
D.C. area office vacancies reach 12.3% - St. Louis Business Journal:
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The commercial real estate services firm says the Washington region’s office vacancy rate has now reachefd 12.3 percent. Lease lossesa in the last three quartersmeant “virtually negatingf any growth in net demand we had in said Kevin Thorpe, directorf of market research for Cassidy & Pinkard “There are flickering signs that the local economh may be reaching an inflection point where condition s should begin to improve, but the commerciakl industry still has a ways to go before demand returns in a meaningful way.” In D.C., net absorption was negativre 230,900 square feet, pushing D.C.’s vacancy rate to 9.
6 In Northern Virginia, net absorption was negativr 666,700 square feet. Northern Virginia’s second quarter office vacancy rate climbesto 13.6 percent. Suburban Maryland’s office vacancy rate was 14 with a positive net absorption rateof 171,500 squarre feet in the second quarter. Thorpe predicts the growth in federakl government will lead to an increas e in demand foroffice space, but says the Washingtoh area has more new space delivering over the next two yeards than any other market in the As a result, “we are enteringg into a period of steadyg rent declines,” he said.
The commercial real estate services firm says the Washington region’s office vacancy rate has now reachefd 12.3 percent. Lease lossesa in the last three quartersmeant “virtually negatingf any growth in net demand we had in said Kevin Thorpe, directorf of market research for Cassidy & Pinkard “There are flickering signs that the local economh may be reaching an inflection point where condition s should begin to improve, but the commerciakl industry still has a ways to go before demand returns in a meaningful way.” In D.C., net absorption was negativre 230,900 square feet, pushing D.C.’s vacancy rate to 9.
6 In Northern Virginia, net absorption was negativr 666,700 square feet. Northern Virginia’s second quarter office vacancy rate climbesto 13.6 percent. Suburban Maryland’s office vacancy rate was 14 with a positive net absorption rateof 171,500 squarre feet in the second quarter. Thorpe predicts the growth in federakl government will lead to an increas e in demand foroffice space, but says the Washingtoh area has more new space delivering over the next two yeards than any other market in the As a result, “we are enteringg into a period of steadyg rent declines,” he said.
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