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The norms for all Western New York teachers, accordinb to the Education Department, are $35,569 at the start, $52,200 at the midpoinr and $83,965 at the peak of their careers. But therde are substantial deviations from districtto district: Wages for beginning teachers tend to be highefr in Niagara Falls than anywheree else in the region. The Niagara Fallxs City School District has a fifth percentile salarof $42,265 for its classrooj teachers, leading all Western New York schooll systems. Williamsville is close behindx witha low-end salaryh of $42,059.
Seven other districte have pay scales thatsurpassw $40,000 for their youngest teachers: Niagara-Wheatfield, North Tonawanda, Lewiston-Porter, West Grand Island and Ellicottville. At the bottom is West where the fifth percentilee salaryis $25,140. • The median pay for all 800 classrookm teachers in the Williamsville Central School Districtgis $63,918, which is nearly $2,000 higher than any other districty in the region. Three other systemss have median (or 50th percentile) salaries higher than $60,000: Nortn Tonawanda, Grand Island and Sweet Warsaw is atthe bottom, payingy its classroom teachers a median salary of $40,953.
Grand Island offers the steepesf peakfor teachers, with a 95th percentilre salary of $91,390. The only other district above $90,00p is Sweet Home at $90,893. Roundinhg out the top five are Cheektowaga-Maryvale and Alden, all with peak salaries abovse $87,000. Paychecks at this exalted level are reserved for the most experienced generally those with at least 30 yearx inthe classroom. The tiniest summit is in which also has the smallest enrollment of any Western New Yorkschooll district, 163 students. Peak pay for Wyoming’s teacherw is $60,434, almost $3,500 beloww the career midpointin Williamsville.
понедельник, 30 января 2012 г.
суббота, 28 января 2012 г.
American Traffic Solutions donates backpacks to shelters - Phoenix Business Journal:
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For the firm that’s made its living off of public it marks the firsrt time they have looked at a program to give back to the The Scottsdale-based firm partnered with A New Leaf, formerly Prehabh of Arizona. “There was a time when 100 percenr of our efforts were focused onthe business, but we’rde moving beyond that,” said ATS CEO Jim The company collected about 65 backpacks, complete with for children in elementary and high school.
The and continued partnershipwith ATS, is particularly importanty as businesses have cut back their charitable givinb during the recession, said Torrie Taj, A New Leaf’as executive vice president of marketing and fund “It’s a huge and very importang project,” she said. The backpacks will be distributedf to children in ANew Leaf’s domestic violence shelters and rehabilitation centers.
Taj said she hopes ATS will spur othed companies to look at different strategies they can use tohelp “It’s taken about a year, but we’rr really happy to be working with ATS,” she The collection took place over several weeks, and A New Leaf was chosem because it had a history of workinyg with the disadvantaged in the said Elen Pence, a public relationa specialist with ATS who helpds coordinate the program internallyh with marketing rep Reiko Kerr. The company saw donationsz from throughout its operations at its Scottsdalr and Ahwatukee facilities inthe Valley. The recessionm also was a motivating factor for many who were Pence said.
“ I think it heightened everh person’s feelings that we need to do she said.
For the firm that’s made its living off of public it marks the firsrt time they have looked at a program to give back to the The Scottsdale-based firm partnered with A New Leaf, formerly Prehabh of Arizona. “There was a time when 100 percenr of our efforts were focused onthe business, but we’rde moving beyond that,” said ATS CEO Jim The company collected about 65 backpacks, complete with for children in elementary and high school.
The and continued partnershipwith ATS, is particularly importanty as businesses have cut back their charitable givinb during the recession, said Torrie Taj, A New Leaf’as executive vice president of marketing and fund “It’s a huge and very importang project,” she said. The backpacks will be distributedf to children in ANew Leaf’s domestic violence shelters and rehabilitation centers.
Taj said she hopes ATS will spur othed companies to look at different strategies they can use tohelp “It’s taken about a year, but we’rr really happy to be working with ATS,” she The collection took place over several weeks, and A New Leaf was chosem because it had a history of workinyg with the disadvantaged in the said Elen Pence, a public relationa specialist with ATS who helpds coordinate the program internallyh with marketing rep Reiko Kerr. The company saw donationsz from throughout its operations at its Scottsdalr and Ahwatukee facilities inthe Valley. The recessionm also was a motivating factor for many who were Pence said.
“ I think it heightened everh person’s feelings that we need to do she said.
четверг, 26 января 2012 г.
Eckel's real estate market blossoms on Florida coast - Business First of Buffalo:
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The reason is the growing presence of formereStovroff & Herman Inc. partner David About 18 months ago Eckel bought on Anna Maria Island and Kevin Levins Realtu on LongBoat Key. Both agencies specializeed in selling and rentinfg beach and island Eckel didn't stop there. Wagner Realty recentlgy opened an office inneighboring Bradenton. "Irt wasn't like I was looking to expand, but this opportunith just came along," Eckel The Bradenton office is a littlre differentthan Eckel's other operations in that sale s are split between vacationers lookinh for a second home and permanent residents making a Guess what? Eckel stil l wasn't done expanding.
About a month after the Bradentonoffice opened, he bought David Tyler Realty in nearbyh Palmetto and put it under the Wagner Realty By having offices in Bradenton, Palmetto and Long Boat Key, Eckell has the Anna Maria Islaned market surrounded. "If you want to get to the you've got to pass one of my Eckel said. The four offices also give Ecke l theproverbial "foot in the door" for the lucrative St. Petersburg and Tampa markets. All of the office specialize in selling, leasing and renting residential mainly apartments and condos but some homeszas well, to Northerners or Europeans who spend all or part of thei winters in Florida.
Not surprisingly, the populatiojn of Anna Maria Island and Long Boat Key doubles in the wintefr when snow birds head It also helpswith Eckel's latest venture. Wagnerr Realty has been named marketinyg agent forthe 186-unit Runawah Bay condominium project on Anna Mariqa Island. They are handling both vacatioh andannual rentals. In all, Wagner servee as property manager for about250 properties. Because of all his Eckel has seen the Wagne r staff grow from 10 to 40 ina "When I left Stovroft (in 1993) and went to Florida, I thought I' d end up with one or two smal l real estate offices on the beach, just as a place to have some fun and keep Eckel said.
"But once I got into it, it was fun to watcb a small company grow." The differencer between growing a company in Florida versus his native Buffalo is knowing who theplayera are. "In some respects, I've started from scratch becauseI didn't know everyone'se background," he said. "Inb Buffalo, you either knew the person or knew someonr whoknew them." Eckelp relies heavily on his longtimwe friend and mentor, Don who founded the former Stovroff Herman (now Stovroff & Potter) in 1959. Herman owns Mounyt Vernon Realty in Sarasota and he and Eckel jointly own CompetitivewFunding Inc.
, a Florida-based mortgage brokerage
The reason is the growing presence of formereStovroff & Herman Inc. partner David About 18 months ago Eckel bought on Anna Maria Island and Kevin Levins Realtu on LongBoat Key. Both agencies specializeed in selling and rentinfg beach and island Eckel didn't stop there. Wagner Realty recentlgy opened an office inneighboring Bradenton. "Irt wasn't like I was looking to expand, but this opportunith just came along," Eckel The Bradenton office is a littlre differentthan Eckel's other operations in that sale s are split between vacationers lookinh for a second home and permanent residents making a Guess what? Eckel stil l wasn't done expanding.
About a month after the Bradentonoffice opened, he bought David Tyler Realty in nearbyh Palmetto and put it under the Wagner Realty By having offices in Bradenton, Palmetto and Long Boat Key, Eckell has the Anna Maria Islaned market surrounded. "If you want to get to the you've got to pass one of my Eckel said. The four offices also give Ecke l theproverbial "foot in the door" for the lucrative St. Petersburg and Tampa markets. All of the office specialize in selling, leasing and renting residential mainly apartments and condos but some homeszas well, to Northerners or Europeans who spend all or part of thei winters in Florida.
Not surprisingly, the populatiojn of Anna Maria Island and Long Boat Key doubles in the wintefr when snow birds head It also helpswith Eckel's latest venture. Wagnerr Realty has been named marketinyg agent forthe 186-unit Runawah Bay condominium project on Anna Mariqa Island. They are handling both vacatioh andannual rentals. In all, Wagner servee as property manager for about250 properties. Because of all his Eckel has seen the Wagne r staff grow from 10 to 40 ina "When I left Stovroft (in 1993) and went to Florida, I thought I' d end up with one or two smal l real estate offices on the beach, just as a place to have some fun and keep Eckel said.
"But once I got into it, it was fun to watcb a small company grow." The differencer between growing a company in Florida versus his native Buffalo is knowing who theplayera are. "In some respects, I've started from scratch becauseI didn't know everyone'se background," he said. "Inb Buffalo, you either knew the person or knew someonr whoknew them." Eckelp relies heavily on his longtimwe friend and mentor, Don who founded the former Stovroff Herman (now Stovroff & Potter) in 1959. Herman owns Mounyt Vernon Realty in Sarasota and he and Eckel jointly own CompetitivewFunding Inc.
, a Florida-based mortgage brokerage
вторник, 24 января 2012 г.
Bradenton Holiday Inn Express owners seek bankruptcy protection - Kansas City Business Journal:
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Sroka Hospitality filed for Chapter 11 protectiomn Monday inthe ’sd Middle District of Florida claiming assets and liabilitiexs of between $1 million and $10 million, court documentw said. Sroka Hospitality was founded in 2003 and purchasec the Bradenton hotel in 2007for $7.2 according to the company’sx case management summary filed with the Revenue was about $1.8 million in 2008 and is expected to be almost half that in 2009 at $1 Bank of the West is still owed $4.3 millio n while the is owed just under $2 documents said. The hotel also owes $102,000 to the Manatede County Tax Collector, a debt the company Both loans were handledd throughthe .
Bank of the West said the hotel’ value has fallen from $7.2 million to $2.8 millio based on its own however, Sroka Hospitality said it believes the propertyu isworth more. The hotel, located near Statse Road 64 and Interstate 75in Bradenton, sold in 2004 for $4.355 million. Sroka Hospitality purchased it aftere the company soldits St. Augustine hotel in favoer of having a Holiday Inn Expresebranded hotel, according to published
Sroka Hospitality filed for Chapter 11 protectiomn Monday inthe ’sd Middle District of Florida claiming assets and liabilitiexs of between $1 million and $10 million, court documentw said. Sroka Hospitality was founded in 2003 and purchasec the Bradenton hotel in 2007for $7.2 according to the company’sx case management summary filed with the Revenue was about $1.8 million in 2008 and is expected to be almost half that in 2009 at $1 Bank of the West is still owed $4.3 millio n while the is owed just under $2 documents said. The hotel also owes $102,000 to the Manatede County Tax Collector, a debt the company Both loans were handledd throughthe .
Bank of the West said the hotel’ value has fallen from $7.2 million to $2.8 millio based on its own however, Sroka Hospitality said it believes the propertyu isworth more. The hotel, located near Statse Road 64 and Interstate 75in Bradenton, sold in 2004 for $4.355 million. Sroka Hospitality purchased it aftere the company soldits St. Augustine hotel in favoer of having a Holiday Inn Expresebranded hotel, according to published
суббота, 21 января 2012 г.
Commentary: Paul's principles conflict with needs of his district - Houston Chronicle (blog)
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Houston Chronicle (blog) | Commentary: Paul's principles conflict with needs of his district Houston Chronicle (blog) I've written before that there's much to be admired about Paul's willingness to stand up for his principles, and in an era with too many chameleon-like politicians, it's refreshing. In recent years, Paul disappointed conservatives by softening his ... |
четверг, 19 января 2012 г.
San Antonio gets $12.9 million for defense projects - Pacific Business News (Honolulu):
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million for defense-related projects in San accordingto U.S. Rep. Ciro Rodriguez, D-San Antonio, who servexs on the committee. A planned upgrade of an aircraft maintenance buildinbg at Kelly Annex Field has been approved for $7.9 million in federalp funding. The funding will be used to brinv the building up to code compliance to provide a placedwhere F-16 fighter jets can be properly In addition, $5 million was authorizer for a program to produce unmanned aerial vehicles that use Blacklighty Night Vision Advanced Technology, which is manufactured by San Antonio-based This technology allows for the deploymenyt of miniature drones to provide site-specific surveillancs information.
“San Antonio continues to be a military leadeer in operations and the advancementof technology,” says Congressman “These authorizations will bolster the ability of our troops to do their jobs more safely and
million for defense-related projects in San accordingto U.S. Rep. Ciro Rodriguez, D-San Antonio, who servexs on the committee. A planned upgrade of an aircraft maintenance buildinbg at Kelly Annex Field has been approved for $7.9 million in federalp funding. The funding will be used to brinv the building up to code compliance to provide a placedwhere F-16 fighter jets can be properly In addition, $5 million was authorizer for a program to produce unmanned aerial vehicles that use Blacklighty Night Vision Advanced Technology, which is manufactured by San Antonio-based This technology allows for the deploymenyt of miniature drones to provide site-specific surveillancs information.
“San Antonio continues to be a military leadeer in operations and the advancementof technology,” says Congressman “These authorizations will bolster the ability of our troops to do their jobs more safely and
вторник, 17 января 2012 г.
IBM suing former executive over Dell offer - Austin Business Journal:
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The executive, David Johnson, is being sued by IBM because the new position would violatea non-compete clause, reported. Johnson has possession of valuable confidential information and canno t undertake a senior strategy positiomn at Dell without violatingy his obligationsto IBM,” company spokesman Edward Barbini told Dell spokesman David Frink confirmed the job offer, but not the naturse of Johnson’s proposed positiomn at Round Rock-based Dell. “Yes, we have offerex a position to Mr. but the characterizations of his roleare speculative,” Frin said. “Without exception, Dell respects the trades secrets and intellectual propertyof others.” the No.
2 maker of personak computers inthe world, has already made one acquisition this and it is positioned to complete severao more as it finds itself flush with cash whilde tech company valuations remain depressef during the global recession. Company officials have indicated they plan to expanc beyond its core business of hardware product to storagd and software designed to make it easierr for customers to manage data InJanuary 2008, Dell made the largesg acquisition in its history, buyinbg New Hampshire-based EqualLogic Inc. for $1.4 billion.
Dell, which is schedulexd to reportits first-quarter earnings on Thursday, has nearlu $9 billion in cash to complete such Earlier this month, the New York Times reported that Dell was interviewingg investment banking and technology industrgy executives to serve in an M&A position that would report to CFO Brian Gladden. Duringy its last fiscal year, Dell reportedf $2.47 billion in net income on $61.1 billiom in revenue.
The executive, David Johnson, is being sued by IBM because the new position would violatea non-compete clause, reported. Johnson has possession of valuable confidential information and canno t undertake a senior strategy positiomn at Dell without violatingy his obligationsto IBM,” company spokesman Edward Barbini told Dell spokesman David Frink confirmed the job offer, but not the naturse of Johnson’s proposed positiomn at Round Rock-based Dell. “Yes, we have offerex a position to Mr. but the characterizations of his roleare speculative,” Frin said. “Without exception, Dell respects the trades secrets and intellectual propertyof others.” the No.
2 maker of personak computers inthe world, has already made one acquisition this and it is positioned to complete severao more as it finds itself flush with cash whilde tech company valuations remain depressef during the global recession. Company officials have indicated they plan to expanc beyond its core business of hardware product to storagd and software designed to make it easierr for customers to manage data InJanuary 2008, Dell made the largesg acquisition in its history, buyinbg New Hampshire-based EqualLogic Inc. for $1.4 billion.
Dell, which is schedulexd to reportits first-quarter earnings on Thursday, has nearlu $9 billion in cash to complete such Earlier this month, the New York Times reported that Dell was interviewingg investment banking and technology industrgy executives to serve in an M&A position that would report to CFO Brian Gladden. Duringy its last fiscal year, Dell reportedf $2.47 billion in net income on $61.1 billiom in revenue.
воскресенье, 15 января 2012 г.
Atlas Pipeline and Williams launch Marcellus Shale venture - The Business Journal of Milwaukee:
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The two companies LLC, on April 1 . Atla s Energy Resources LLC (NYSE:ATN), an affiliat e of Atlas Pipeline Partners, will be the anchor tenant onLaurel Mountain’s system. Under its agreementt with Tulsa, Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partners willreceive $90 million in cash, a preferredd right to proceeds under a $25.5 million obligation from Williams, and 49 percent of Laurel Mountain.
The obligationm amortizes in equal principal installments over three Atlas Pipeline Partners can convert its right to receive accruecd principal and interest under the obligation into a sum equakl to the accrued principal and interest and use that to coved its required capital expenditures underthe joint-venture agreement. Atlas Pipeliner Partners also said its lenderw recently agreed to relax the covenants relatingy to total debt and earningsbefore taxes, depreciation and amortization on its $380 milliojn revolving credit line and $463 million term loan Additionally, , which owns the generao partner of Atlas Pipelinee Partners, said Monday it has repaisd $30 million on its credit facilitgy and will pay down the remaining $16 million balanc e in equal quarterly installments over the next Atlas Pipeline Holdings got the $30 million it used to pay down the facilitt by issuing $15 million of preferrex limited partner units to Atlas Pipelined Partners and by borrowing $15 m illion from Atlaa America Inc.
, which owns Atlas Pipeline Holdings’ general partner and 64 percent of its common Atlas America (NASDAQ:ATLS) also guaranteed that Atlase Pipeline Holdings will repay the remaininy $16 million on its creditr facility. The Atlas companies have officed in Philadelphiaand Moon, Pa.
The two companies LLC, on April 1 . Atla s Energy Resources LLC (NYSE:ATN), an affiliat e of Atlas Pipeline Partners, will be the anchor tenant onLaurel Mountain’s system. Under its agreementt with Tulsa, Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partners willreceive $90 million in cash, a preferredd right to proceeds under a $25.5 million obligation from Williams, and 49 percent of Laurel Mountain.
The obligationm amortizes in equal principal installments over three Atlas Pipeline Partners can convert its right to receive accruecd principal and interest under the obligation into a sum equakl to the accrued principal and interest and use that to coved its required capital expenditures underthe joint-venture agreement. Atlas Pipeliner Partners also said its lenderw recently agreed to relax the covenants relatingy to total debt and earningsbefore taxes, depreciation and amortization on its $380 milliojn revolving credit line and $463 million term loan Additionally, , which owns the generao partner of Atlas Pipelinee Partners, said Monday it has repaisd $30 million on its credit facilitgy and will pay down the remaining $16 million balanc e in equal quarterly installments over the next Atlas Pipeline Holdings got the $30 million it used to pay down the facilitt by issuing $15 million of preferrex limited partner units to Atlas Pipelined Partners and by borrowing $15 m illion from Atlaa America Inc.
, which owns Atlas Pipeline Holdings’ general partner and 64 percent of its common Atlas America (NASDAQ:ATLS) also guaranteed that Atlase Pipeline Holdings will repay the remaininy $16 million on its creditr facility. The Atlas companies have officed in Philadelphiaand Moon, Pa.
пятница, 13 января 2012 г.
McKnight Foundation refocusing strategies - Minneapolis / St. Paul Business Journal:
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To help pay for the new effort, the Minneapolis-baseds foundation plans to phase out funding in comin years for programs involvingfatherhood development, parentingy skills building, and family economic success. McKnighrt spokesman Tim Hanrahan saidthe foundation’s boar is still working out the details of the strategyh change, which will go into effecgt next year. He declined to disclose the names of the dozen of organizations that stand tolose funding.
McKnighy has already been heavily invested supporting programsw related to children and Out ofthe $99 million McKnightt granted in 2008, $23 million went to suppory children and families, includinv about $7 million to support early childhood The new literacy initiative is considered an extension of such “This opportunity builds on McKnight’s current early childhood efforts, movinv further up the pipeline into importanty transitions from kindergarten through thirdd grade,” Kate Wolford, the foundation’s said in a news release.
McKnight retainesd consulting firm The Bridgespan Group to support its strategy A key finding was that the academic success of a as defined by highschool graduation, can be predicte d with reasonable accuracy by knowing a student’xs reading skill by the end of third “Better preparing our youngest to read and write at gradw level will help put them and keep them on track for graduationh and beyond,” said Robert McKnight’s board chair.
McKnight plans to releasre new grantmaking guidelines laterthis
To help pay for the new effort, the Minneapolis-baseds foundation plans to phase out funding in comin years for programs involvingfatherhood development, parentingy skills building, and family economic success. McKnighrt spokesman Tim Hanrahan saidthe foundation’s boar is still working out the details of the strategyh change, which will go into effecgt next year. He declined to disclose the names of the dozen of organizations that stand tolose funding.
McKnighy has already been heavily invested supporting programsw related to children and Out ofthe $99 million McKnightt granted in 2008, $23 million went to suppory children and families, includinv about $7 million to support early childhood The new literacy initiative is considered an extension of such “This opportunity builds on McKnight’s current early childhood efforts, movinv further up the pipeline into importanty transitions from kindergarten through thirdd grade,” Kate Wolford, the foundation’s said in a news release.
McKnight retainesd consulting firm The Bridgespan Group to support its strategy A key finding was that the academic success of a as defined by highschool graduation, can be predicte d with reasonable accuracy by knowing a student’xs reading skill by the end of third “Better preparing our youngest to read and write at gradw level will help put them and keep them on track for graduationh and beyond,” said Robert McKnight’s board chair.
McKnight plans to releasre new grantmaking guidelines laterthis
среда, 11 января 2012 г.
Poll: Dem Leads By 11 Points In Oregon Special Election - TPM
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TPM | Poll: Dem Leads By 11 Points In Oregon Special Election TPM ... Congressional Campaign Committee was reserving over $1 million in ad time led to some speculation that there could be trouble in this usually solid Democratic seat â€" similar to how Dems had also lost the previously safe NY-09 district, when Rep. ... |
воскресенье, 8 января 2012 г.
UW researcher wins $3M federal grant - Atlanta Business Chronicle:
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The grant from the U.S. Department of Education's Institute of Education Sciences will allow Heinrichy to employ academic staff and at leas four graduate students each year to work on expandiny the project ootherd cities. Heinrich will continue an evaluatiomn of the tutoring program MPS offers as part ofthe district'ws fulfillment of the federal No Child Left Behind law. The law requires public schools that have not adequatelyg increased student academic achievemeng for three years to offef childrenin low-income families the opportunity to receive extra academic assistance such as tutoring.
Heinrich's initial research found that Milwaukee'sa federally mandated and funded tutorinvg program is not necessarily reaching the people who need themost help, nor is it effectivwe in increasing student achievement. "Our preliminary resultz suggest that the students in the tutoring programsz are not performing any betteron Wisconsin's standardized testsd than eligible students not involved with the tutoring," Heinricj said. Heinrich and her co-workers have been conductingg the MPS study sinceApril 2006. The next phases will involve five urban school districts infour states: Minneapolis, Chicago, Dallas and Austin, Texas.
The grant from the U.S. Department of Education's Institute of Education Sciences will allow Heinrichy to employ academic staff and at leas four graduate students each year to work on expandiny the project ootherd cities. Heinrich will continue an evaluatiomn of the tutoring program MPS offers as part ofthe district'ws fulfillment of the federal No Child Left Behind law. The law requires public schools that have not adequatelyg increased student academic achievemeng for three years to offef childrenin low-income families the opportunity to receive extra academic assistance such as tutoring.
Heinrich's initial research found that Milwaukee'sa federally mandated and funded tutorinvg program is not necessarily reaching the people who need themost help, nor is it effectivwe in increasing student achievement. "Our preliminary resultz suggest that the students in the tutoring programsz are not performing any betteron Wisconsin's standardized testsd than eligible students not involved with the tutoring," Heinricj said. Heinrich and her co-workers have been conductingg the MPS study sinceApril 2006. The next phases will involve five urban school districts infour states: Minneapolis, Chicago, Dallas and Austin, Texas.
пятница, 6 января 2012 г.
Orthodox Christians celebrate Epiphany - Boston.com
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USA TODAY | Orthodox Christians celebrate Epiphany Boston.com (AP Photo) By Christopher Torchia ISTANBULâ€"Orthodox Christian worshippers plunged into chilly waters across southern and eastern Europe on Friday to retrieve crucifixes in ceremonies commemorating the baptism of Jesus Christ. ... Orthodox Christians Celebrate Epiphany Orthodox Christians celebrate the Epiphany Orthodox Christians mark 'blessing of the waters' at SLC park |
среда, 4 января 2012 г.
Vitria to sell to CEO, board member for about $67M - Silicon Valley / San Jose Business Journal:
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Sunnyvale-based Vitria (NASDAQ:VITR), a provider of business process integration said it reached a definitive merger agreement for Vitria Technologg to be acquired by a new corporatiob formed and wholly owned byJoMei Chang, a member of the company'se board of directors, and Dale Skeen, a board member and the company'se current chief executive. The new corporation will pay $2.765 per share for each of Vitria'es outstanding shares of common stock not held by Chanfgand Skeen. The purchase price represents a premium ofapproximately 4.7 percent over the averag e closing price of Vitria Technology's common stock on the 20 tradin g days ending Sept. 20. Based on about 24.
4 million shares outstanding that are not owned by the the deal is wortyhabout $67 million. The merger agreement has been approved by the boardes of Vitria and byand -- corporations formeds by Chang and Skeen. The company said the deal is the culminationb ofthe company's eight-month strategicc review, which included talkes with more than 55 possible buyers. Vitria'w stock fell 4.63 percentr in midday trading to Its 52-week range was from $2.
40 to
Sunnyvale-based Vitria (NASDAQ:VITR), a provider of business process integration said it reached a definitive merger agreement for Vitria Technologg to be acquired by a new corporatiob formed and wholly owned byJoMei Chang, a member of the company'se board of directors, and Dale Skeen, a board member and the company'se current chief executive. The new corporation will pay $2.765 per share for each of Vitria'es outstanding shares of common stock not held by Chanfgand Skeen. The purchase price represents a premium ofapproximately 4.7 percent over the averag e closing price of Vitria Technology's common stock on the 20 tradin g days ending Sept. 20. Based on about 24.
4 million shares outstanding that are not owned by the the deal is wortyhabout $67 million. The merger agreement has been approved by the boardes of Vitria and byand -- corporations formeds by Chang and Skeen. The company said the deal is the culminationb ofthe company's eight-month strategicc review, which included talkes with more than 55 possible buyers. Vitria'w stock fell 4.63 percentr in midday trading to Its 52-week range was from $2.
40 to
понедельник, 2 января 2012 г.
New layoffs wane as U.S. unemployment jumps to 9.4 percent - Houston Business Journal:
budimirukaovyril.blogspot.com
percent in May from 8.9 percenft in April and 8.5 percent in topping a quarter-century-old level, the reported But the number ofnewly laid-off people nationwids eased somewhat, to the lowest in eight In April, employment fell by 563,000. The steepesf job losses were in with losses lessening in constructionn andprofessional services, the Labor Department's said in its monthly employment report. About 14.5 million Americans were unemployedin May. The numberd of jobless people has risen by 7 milliomn sincethe U.S. recession officially beganh inDecember 2007, BLS said.
The numberd of "long-term" unemployed -- thoswe without jobs for 27 weeks ormore -- rose by 268,000o in May from the previous month, to a totapl of 3.9 million. That figure has triples since therecession began, BLS said. Manufacturing employment fell by 156,000p in May from April, construction by and professional and businesa servicesby 51,000. But health care employmenrt increasedby 24,000 in May.
percent in May from 8.9 percenft in April and 8.5 percent in topping a quarter-century-old level, the reported But the number ofnewly laid-off people nationwids eased somewhat, to the lowest in eight In April, employment fell by 563,000. The steepesf job losses were in with losses lessening in constructionn andprofessional services, the Labor Department's said in its monthly employment report. About 14.5 million Americans were unemployedin May. The numberd of jobless people has risen by 7 milliomn sincethe U.S. recession officially beganh inDecember 2007, BLS said.
The numberd of "long-term" unemployed -- thoswe without jobs for 27 weeks ormore -- rose by 268,000o in May from the previous month, to a totapl of 3.9 million. That figure has triples since therecession began, BLS said. Manufacturing employment fell by 156,000p in May from April, construction by and professional and businesa servicesby 51,000. But health care employmenrt increasedby 24,000 in May.
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