First Solar, Inc. Company Profile | FSLR Company Information

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We design and manufacture solad modules using a proprietary thin film semiconductor technolog that has allowed us to reduce our averagr solar module manufacturing costs to among the lowest in the Our average manufacturing costswere $1.40 per Watt in 2006 and $1.290 per Watt in the first threew months of 2007, which we believe were significantly less than thoss of traditional crystalline silicon solar module manufacturers. We are the first company to integrate non-silicon thin film technologyu into high volume lowcost production.
Our manufacturing process transforms an inexpensive 2ft x4ft (60cn x 120cm) sheet of glass into a complete solaer module in less than threse hours, using approximately 1% of the semiconductor material used to producw traditional crystalline silicon solar modules. Our abilitt to attract customers withcompetitive pricing, in combinationh with our replicable low cost manufacturinv process, afforded us a gros margin of 40% in 2006 and 45% in the firs t three months of 2007.
By continuing to expand production and improve our technologt andmanufacturing process, we believe that we can furthet reduce our manufacturing costs per Watt and improv our cost advantage over traditionakl crystalline silicon solar module manufacturers. ...

U.S. sheds 2 million jobs since Obama took office - Business First of Columbus:

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million when pegged to the starr of the economic slowdown inNovember 2007. The number of unemployed hit 15 million in up from 13 million in Januaryand 6.9 milliohn in November 2007, accordinb to the . There were 6.6 million unemployed Americans whenGeorge W. Bush became president in January 2001. BLS data for June also showxs the number of employedr workers inthe U.S. stands at 140 million, down from 142 millio n in January and 147 million inNovember 2007. U.S. privatd sector jobs totaled 108 a 2.5 million-job drop sinced Obama took office and a 6.5 million declinw since November 2007. Meanwhile, the numberr of government workers continuex to grow under Obama as it didunder Bush.
The numbetr of government workers at all levels standsxat 21.4 million, up 209,000 from January and 2.2 milliojn from January 2001, according to BLS. The June U.S. unemploymenr rate was 9.5 percent, up from 7.6 percent when Obamas became presidentand 4.2 percent when Bush took over the White House.

Alberta lists homosexuality as 'mental disorder' - Vancouver Sun

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CBC.ca

Alberta lists homosexuality as 'mental disorder' Vancouver Sun EDMONTON â€" Alberta continues to list homosexuality as a “mental disorder” along with bestiality and pedophilia, and doctors used the diagnostic code to ... Alberta stops listing homosexuality as a mental disorder Montreal Gazette Alberta: Homosexuality not a 'mental disorder' CANOE Alberta delists homosexuality as a mental disorder AHN |  »

There are plenty of ways for entrepreneurs to find help - Daily Gleaner

http://olealawyers.com/2009/03/oleas-commitment-to-socially-conscious-lawyering/

There are plenty of ways for entrepreneurs to find help Daily Gleaner Atlantic Canada Opportunities Agency (www.acoa-apeca.gc.ca) works with business and communities to make Atlantic Canada's economy more innovative, ... and more »

Church to join big-box retailers at former jai-alai fronton site - Atlanta Business Chronicle:

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paid $3.3 million for the 13-acre site adjacentr to The just south ofGandy Boulevard. negotiatexd the sale on behalf of propertyh ownerof Largo. The church worked with in acquiringthe site, where it will develol school facilities as well. The site is one of the last remainingh large infill sites in the SouthTampaz area. Colliers Arnold negotiated the $2 milliohn sale of a former Winn-Dixie distribution warehouse at 210Centurhy Blvd. in Bartow to IP 210 of Nortuh Palm Beach on behalv ofthe seller, The sale included 11.3 acres in addition to the 54,565-square-footy warehouse. handled the sale of the 15,410-square-foot building and 6.5 acree at 8021 60th St. N.
in Pinellass Park to negotiatedthe $3.5 million sale of a 2-acre site alonb 17th Street North in St. Petersburbg to by Miles, based in Atlanta, has severall high-quality downtown residential developments under constructionin St. Petersburg, including 1010 Centrao and The Sage. negotiated a 6,800-square-foor lease to in the new Internationaol Fasteners building at Tampa EastIndustrial Park, 1341 Massaro Blvd. This is the first Bay area locationjof Contractor's Choice, a Fort Myers-basedr cabinet distributor and installer. GVA Advantis negotiated the $5.
4 million sale of 535 acree at Handcart Road andClinton Avenue, southj of State Road 52 in Dade City, to of Palm Harbofr by The property was previously used for agriculture with an activ e orange grove and grazing land, and will likely be redeveloper for residential use. GVA Advantis also negotiatexd the $5.7 million sale of the and IX office buildings in Tampwa to by Cloverleaf also hired GVA Advantis to handle leasing and managementr atboth properties. GVA Advantis also negotiated a 51,736-square-fooft lease by The at One MetroCentere in Tampa for its systems representedthe landlord, negotiated a 15,000-square-foot industrial lease to at 4507 W. Hillsborough Ave. in Tampa.
The landlordc is ARA Properties No. 7 Ltd. Osprey handlefd the $1.2 million sale of a 10,000-square-foor building at 733 Central Ave. in St. Petersburg from the Cohen Family Truststo , led by Jimmy plans to renovate the building as a condominium sales office for its mixed-use, high-rised development called Art Village. Osprey also leased 7,000 square feet at its office building on Rocky Pointgto . negotiated the $1.6 million purchase of a 43,000-square-foof building at 6442 Parkland Drive in Manatee County toUflex USA, which has leased the property for the past threwe years. Real Estate handled the $3.7 millionn sale of 23 acred along U.S.
19 in Hudson to N/ by Bayonert Point Florida Properties. The buyer intende to build a retail centert onthe site. handled the $2.9 million sale of the 20,218-square-fooft Building at 9700 Ninth St. N. in St. Petersburyg to by Donald R. Colliers Arnold represented the buyer.

Hyatt Regency hosts blood drive June 25 - Nashville Business Journal:

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The goal for organizers is to sustaibn the blood supply through the thesummeer — a time of year when donatione tend to drop. “It’s especially important because it will help ensurs a blood supply for the Fourth of July UBS spokesperson CharleneSmith said. Donorss are encouraged to give blood at leasft three times a year once in the summer to help keep hospitaloshelves stocked. UBS serves 42 New Mexicl hospitals and an average of 320 donationw are needed every day to maintainmadequate supplies. About 5 percent of the population areblood donors.
“That’s a staggerint statistic considering one out of three New Mexicans will need blood sometime intheir life,” Smith said. The drivwe takes place from 8:30 a.m. to 6 p.m., with an arrah of prizes and giveaways donatedrby sponsors. The Downtown hotel is at 330 Tijeras NW, across from Civicv Plaza. Each blood donor will receive a commemorative a free oil changefrom Midas, and coupond from Keva Juice and . All donorsx will be entered into a drawinfg forprizes — includingb a one night stay at the Hyatg Regency Albuquerque, a $100 gas Isotopes baseball tickets, and a Lobows Club gift bag.
Gift certifictates have been donate d by SlateStreet Café, La Quiche Parisienn Bistro, 4th Street Pub & Grill and . A photo identification is required and donors must be at leastf 17years old. Interested donors can call tollfree EZ-2-GIVE, or schedule an appointmenrt online at , using sponsor code: United Blood Services, a nonprofit community blood provided since 1951, serves patients in New Mexicio and the Four Cornerw region. The UBS network is one of the nation’e oldest and largest bloosd service organizations, and is a foundinyg member of and the American Association of Blood Banks.

CEO Ellison says Oracle might make netbooks - Silicon Valley / San Jose Business Journal:

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His comments came at a Sun conference for users of Java software which he also said could be used on Oracle (NASDAQ:ORCL) earlier this year agreedd to acquire Sun (NASDAQ:JAVA) for $7 "I don't see why some of thoss devices shouldn't come from Sun," Reuters quotes Ellison as saying. "There will be computers that are fundamentallyy basedon Java." Netbooks are inexpensivw laptop computers designed to connec t wirelessly and are used primarily for checking emai and browsing the Web. The marke for them is expecter to grow to between 20 millioh and 30 million unitsthis year, up from the 11.7 millionj sold last year when their sales took off.
Most PC makerds now have a netbook modelp and if Oracle does get into the marketr it will go up againstthe . (NASDAQ:DELL) and , which either make netbooks or develop softwarefor them. Acer said Tuesdayu it will make a laptop runningon ’s Android operating system instead of Microsoft which most makers now use.

People on the Move: June 22 - South Florida Business Journal:

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Stephanie Williamson has been named director of marketing and business development with MatrixdDesign Cos. in the Matrix Settles office in Arlington. in D.C. namedc Brian Judis senior project manager for itshospitality practice. Judis brings 15 yearws of experience managing large hospitality projects to the CORE Most recently associatedwith , where he was the directort of capital expenditures, Judis implemented capital investment projects upwards of $70 milliohn annually and was the lead manager for the designn and construction of numerous hotel projecte throughout the U.S.
Judis has worked with a wide range of hotelbranda including, but not limited to, Marriott, , Hyatt, , and Recently, he completed the renovation to the lobby, rotunda bar and restauranft of the Philadelphia Marriott Downtown. Othee recent projects include the management of the design and construction at the HyatgtCapitol Hill, JW Key Bridge Marriott, Four Seasons and Ritz-Carlton Tysons Corner. Scott Boos , senior policyy adviser to Sen. Arlen Specter, D-Pa., has been namesd the new deputy director ofthe . Boos has more than seven years of legislative and policy experience gained during his tenurein Specter’s officw and as staff director of the U.S. Senate Steelp Caucus.
In the Senate, Boos focused on a broad range of issuesincluding manufacturing, trade, climate change, veterans, appropriations, tax, telecom, housing, financial servicesd and other business-related issues. As staff director of the bipartisahn U.S. Senate Steel Caucus, he worked to promote the health and stability of the domesticsteel industry, as well as the interests of its workforce. The of D.C. named Bonnied I. Robin-Vergeer as director of the Project. She is an experiencecd appellate litigator who comex to Legal Aid after nine yearws atLitigation Group, where she made three U.S.
Supreme Court argumentzs and numerous others before appellate courts throughout the countryu in cases involving theFirst Amendment, access to the courts, and consumer health and among other issues. Prior to her positionb at Public Citizen, she worked for then-Sen. Josepy R. Biden Jr. on the reauthorization of the Violencde Against Women Act in 2000 and was an associatde at the law firm of LLP and a teachingh fellow at the Law Center AppellateLitigation Clinic. The in Fairfad named Tiffany Singleton tothe organization’s newly created position of directot of social entrepreneurship programs.
Singletonb will be responsible for overseeing the development and implementation of UNCF sociaklentrepreneurship programs, while engaging stakeholders to developp a multiyear strategy for introducing a greateer number of young African Americans to social entrepreneurship — the application of business management practices and innovation to social refor m efforts. In addition to overseeing the design and implementatiojn of UNCF socialentrepreneurship programs, Singleton will cultivatee and sustain strategic partnerships and collaborations with leadinyg social entrepreneurs and their and organize structured discussions with key stakeholders, ultimately establishingf a national advisory committee of social academic, and social venture philanthropistds who can provide ongoinyg guidance to UNCF.
has promotexd Paul McManus to assistantvice McManus, who joined the bank in is a financial center leader at 1470 Rockvill e Pike. Francis P. Nelson has been promotec to administrative vice presidentat . Nelson joined M&T in 1992. He is responsiblse for leading and managing a retail sales and operatione team for thePrince George’s County in Rockville has named David E. Perkins as its new chieft technology officer. Perkins joins NIHFCU’xs newly appointed CEO Juli Anne Callis to lead thecrediy union’s renewed focus on technologic innovatiohn and delivery. Perkins previsoulyt worked at .
Over a 13-year careedr at SECU, with the last five as CIO, accomplishments include the completion of two core implementation of newloan origination, online banking and collectionm systems and the migration of new Cardinal Bank announced the promotions of Andrew J. Peden to seniotr vice president, Katie L. Goldem to vice president and James N. Estep to assistant vice president. Peden will oversese the relationship management of developers and real estate with a primary focuson acquisition, constructio financing and commercial development, including special use propertiees such as golf courses and churches.
He begaj his lending career at Cardinal Bank in 2000 as a credit Golden will continue to oversee the relationship management of builders and primarily in the areas ofcommercialk development, project financing, acquisitions and clienrt development. Golden joined Cardinal Bank in 2004 in real estatre administration and currently manages the lending support unit for the commercia l realestate group. Estep remains dedicateed to smallbusiness lending, SBA guaranteed lending and businessx development. Estep began his financial servicese career at Cardinal Bank in 2004 inretail C.
Fox Communications in Silver Spring name Tina McCormack as seniorf publicrelations associate, and Julie Feldman as public relationas associate. in D.C. named David W. Whitmore as chierf operating officer andgeneral counsel. Whitmors comes to Levick with more than 25 year of financial and operational He has spentthe lion’s share of his careetr in the communications working with public relations, publicf affairs, lobbying and advertising firms. Befors joining Levick, Whitmore was executive vice presidenyt ofin D.C. with operational responsibilituy forthe firm’s public affairs, government crisis management, and issues management practice groups.
Prioe to Racepoint, Whitmore provided communications and managemenr counsel to numerous clients in Dubai andAbu Dhabi. At , Whitmorde variously served as executivevice president, chieff financial officer, chief operating officer and general announced the hiring of Brian Brobsft as vice president of business development in Brobst, a 20-plus year engineering and construction industru veteran, will be charged with expanding the firm’se presence in the high-density power and computing inclusive of finance, telecommunications, commercia data centers and government Brobst was previously employed by as critical facility services principal.
Prior to that, he served as principalo and Eastern region directod of business developmentfor

Real deals: Airways Business Center sells for $7.27M - Boston Business Journal:

http://kathrynrblake.com/gamesgiveaways.html
County records show that the building, locate d at 2460 Airport Blvd., includes 162,00 square feet of space and was completedin 2007. The buyee is El Prado Inn LLC ofSanta Calif. The four sellers are led by Pacificaq Commercial Real Estate also ofSanta Barbara, as Pacificz Airways II LLC. Pacifica’s portion of the salexs price was $4.75 million. The three other sellerss were California entities located in Los Angeles andSanta Barbara, whichu each sold its part of the property for The partners acquired the warehouse in 2008 for $8.55 million from Principal Development Investors LLC of Des Moines, Iowa. 2305 Tremont Place, Denver 80205 — Focus Investments Ltd.
of Denver has sold this retail buildinyg at Tremont and Park Avenue Westfor $1 million to Tremonty Holdings LLC of Broomfield, according to Broomfield County real estate records. • 3800 S. Federal Blvd., Englewoos 80110 — A company affiliatede with Denver developer Evan Makovsky of Shamezs MakovskyRealty Co. has purchased property in Englewoodfor $950,000, according to Arapahoe Counthy real estate records. The sellerd was First National Bank. The Carillon at Boulder Creek, Boulderd — Developer MGL Partners LLC of Denver recentl y closeda $41.
1 million constructio n loan for this senior-living project currently under The loan is part of the Federao Housing Administration’s (FHA) 232 loan program, and was originatesd by AmeriSphere Financial LLC and purchaseds by Evanston Financial Corp. The Carillon is scheduled to be completerd by late summerof 2010. Its operatingg partner is One Eightu LLCof Seattle. • Shops at Walnutt Creek, U.S. Highway 36 and Church Ranchu Boulevard, Westminster — Pine Tree Commercial Realtyy LLCof Illinois, owner of this new shopping welcomed three new tenants in April — Dollar Tree (10,00 square feet), Famous Footwear (7,200 squarr feet) and Pacific Dentakl (3,000 square feet).
• Taxi, 3455 Ringsbyu Court, Denver 80216 — Pilates Aligned Inc. has openedc its new location at ZeppelinDevelopmeng Inc.’s mixed-use Taxi project in the Rivere North Neighborhood. The Pilates exercisee studio’s first location is at 1110 Acoma St. in the Goldenj Triangle. • DecorAsian, 1787 S. Broadway, Denver 80210 This store recently opened in the old ChaidrKing location. Owner Rusty Staff bought the building from Brownellk Bailey in Februaryfor $1.25 million, according to Denveer County property records.

Central Valley bank earnings fall to $1.7M - Business First of Buffalo:

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million in the first half of the down from earningsof $2.6 millionm the year earlier period. The bank holdinv company of earned $464,000 in the seconfd quarter, down from $1.3 million the year earlier “While we remained profitable, the disappointing earnings in the second quarteer is a reflection of the increasesd provision for credit losses in the ligh t of the overall weak economyh and the potential impacty it many have on our borrowing customers during this economi cycle and the significantt increase in the FDIC insuranc premiums from both the increase in regular assessmentt rates as well as the special assessment rate placed on all FDIC insurecd institutions insecond quarter,” said Dan Doyle, presidentt of the bank holding company.
The bank has 15 branches in the Centrak Valley from the Fresno areato Sacramento. The bank companty got $7 million in Capital Purchase Prograj money from the Department of Treasury earlierthis year. It acquired the Stockton, Lodi and Tracg branches of Service 1st Bancorpin November.

Transatlantic Bank Company Profile | Company Information

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Whistleblower suits filed against medical device companies, including Medtronic, St. Jude Medical - Business First of Columbus:

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A Houston court unsealed documents related to the legak complaintson Tuesday. Other companies named in the suitincludse , a Natick, Mass.-based firm with operations in Maple Grover and Arden Hills, and , of San Calif. Endoscopic has agreeed to pay $1.4 million to settlw a claim filed bythe U.S. Justice Department. Fridley-based Medtronicx said in a statement that the unsealingh of the document isa "normal step in the processd set forth in the statuts for the handling of these kinds of "As with all litigation matters, this case will run its coursd through the judicial process, where Medtronic will file its responses and arguer its positions," the company stated.
Officials from Bostonn Scientific andLittle Canada-based St. Jude Medicalk couldn’t immediately be reached for commenttWednesday morning. The recent allegations accuse the devicw companies of marketing productw used to remove scar tissue as treatments foratriaol fibrillation, an abnormal heart rhythm. Federak regulators had not approved the use of the devices as a meanzs to addressatrial fibrillation.

Arizona comes in 38th among state for per capita Gross State Product - Phoenix Business Journal:

http://thelondonbiker.com/blog/2010/04/platform-piece-on-conservative-home/
Arizona’s per capita GSP came in at $32,343 for 2008 comparerd to $33,300 in 2007, according to the BEA. Gross stats product is a measurement of the economicd output ofa state. Delaware has the largesg per capita GSP inthe U.S. At $56,401. Mississippoi the lowest at Arizona ranks 43rd in GSP growth for 2008 with adisappointing –0.6 percent GSP figure 2008 versuz 2007. Alaska and its oil dependent economy was a 2 percent drop in GSP 2007 versus the worst ofany U.S. North Dakota saw its econom grow 7 percent during the same time frame the bestgrowth mark, according BEA. Arizona’x economy makes up 1.8 percent of the overalpl U.S.
economy compared with California’s 13 Arizona State University economist Lee McPheterssaid Arizona’s economg grew by 8.7 percent in 2005 comparedc to 2008’s 0.6 percent loss.

Overhaul of Colorado spending rules signed into law - Denver Business Journal:

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Senate Bill 228 ends the Arveschoug-Birde provision allowing general-fund spending to increase just 6 percent per year and replaceds it with a spending increase limit equall to 5 percent of personalincome growth. Sponsore by Sen. John Morse, D-Colorado Springs, it also sets asided part of the general fund for transportationj for the first time and increasesthe state'sa rainy-day reserves, beginning in the 2012-13 fiscak year. What that all meansd is that thegeneral fund, which pays for generao state services like education, higher education and will no longer have to shrino permanently when the economy recesses.
Because of the current growth programs that see funds cut during downturns are not allowecd to recover fully when the fiscak environment turnsgood again. . . The new law will not increasw overall spending but will assure that mone y can be directed where state leadera see thegreatest need, Ritterr emphasized. Laws put into place over the past 12 years direct any revenue over the 6 percen t limit mostly toward transportation projects andcapital construction, which have no other guaranteed state funds.
But even as the Democraticd governor hailed the signingas "a greart day for progress in the efforte of so many who have worked to bringiny sensible, modern budgeting to the state of Colorado," several legislatorsx said there is more to be done. Sponsorinbg Rep. Don Marostica, R-Loveland, said state officials must now look at the conflicts betweenAmendment 23, the Gallagher Amendment and "that sacred the Taxpayer's Bill of Rights, or TABOR. Marosticza was the only membefr of his party to support the with other Republicans calling it an end to fiscak limits and a taking of the only stream of money that had been dedicate to roadsfor years.
Morse added that an interim committee this year will look at not just how much revenuse the state brings in but where it gets that Questions must be asked if there are ways to get fundingf from more stable sources like propertyg taxes and fees rather than the volatilssales tax, he said. "Inj the late 1400s, very few peoplr believed the Earthwas round. By the early we knew what was going Morse said of the need to convince Coloradanzs that such changeis necessary. "The same thing's going to happen with this bill ... This is a fight for the soul of Colorado and it's just beginning.
" Colorado Fiscal Policy Institute analysyt Carol Hedges, who helped to craft the bill, said that because future revenuee remain uncertain, no estimates have been made as to how much moneyy higher education and other areas will gain from the However, next year's general-fund revenue is expected to fall by roughluy $700 million from this year, and SB 228 will help budgey crafters be able to prioritize where that is takejn from and how that money is replace d in the future, Morse said.

Study: 230,000 in N.C. to lose health coverage by 2010 - The Business Journal of the Greater Triad Area:

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, a nonprofit organization that promotes affordable health carefor all, estimates that betweeh January 2008 and December 2010, abou 1,480 people per week in the Tar Heel Stat have lost or will lose healthy insurance. Nationally, 6.9 million people are expected to losetheid insurance. The continued growth of the uninsure is another sign that the nation needw meaningful healthcare reform, the organization Families USA based its estimates on a study in the May 2009 edition of the policy journall Health Affairs as well as incomre growth and per-capita healthg spending numbers from the Congressionapl Budget Office and the Office of the Actuary at the Centerss for Medicare and Medicaid Services.
The study blamesw the loss of coverage on the rising cost of healtj insurance andrising unemployment. According to the the average family’s annual health insurance premium more than doubles over the past 10years – from $5,791 in 1999 to $12,6890 in 2008. The cost of insurancre has caused more small employere to drop their plan or decid e not tooffer one, the study At the same time, rising unemployment North Carolina’s jobless rate hit 11.1 percenf in June – means that fewere people have access to insurance through their employer.
The studh focuses on the time period during whicu the 111th Congress is in With the prodding of President Barack the 111th Congress has identified health care reform as one of its main Earlierthis year, the Northj Carolina Institute of Medicine and Universitgy of North Carolina at Chapelo Hill reported that North Carolina’ss uninsured population has grown at the fastest rate in the Since 2007, 322,000 people have lost theid insurance, and the state’s uninsured now totalp around 1.8 million.

Seminar to focus on real estate, investments - New Mexico Business Weekly:

http://jaiyesfoods.com/2008/10/15/janet-schlarbaum-announces-new-range-of-organic-vegetarian-frozen-meals-jai-yes-organics-by-janet-schlarbaum/Experts in commercial real estate, accounting, taxes and investmentxs will be on hand to provide adviceto attendees. The keynotde speaker is tax attorneyStanley Crow. He is a graduate of Harvard Law and has 25 years of experience structuringh loan andinvestment products. Crow is presidenrt of S. Crow Collateral Corp. and The firsy of the two sessions takes place from9 a.m. to 11 a.m. and the second is scheduled from2 p.m. to 4 p.m. Both will be held at the Greate Albuquerque Association of Realtors office at 1635Universityy Blvd. NE in Albuquerque. To register, contact Susan Devlim at (505) 710-6093 or by e-mail: susan.devlin@svn.com. For directions to the click .
The four Sperrh Van Ness Commerical Real EstateAdvisot offices, three of them in Albuquerqud and one in Rio are managed by Walt Arnold, SIOR; Pat Frerkes, CPA, CCIM; Tim and Larry Ilfeld, ALC.

DCG plans mall renovations; chip fab impact outweighs weak retail market - The Business Review (Albany):

http://rhce-linux.net/bbl0064.html
The developer will transfornm thevacant Steinbach’s at into 10 to 15 individual creating an additional 40,000 to 45,00p0 square feet of leasable space. DCG also plansz to build a 120-roo m hotel. Town planners already approvedthe Steinbach’s renovations and are scheduler to review the final drawingws for the hotel on April 14. DCG hasn’t yet decided on the hotell brand. A cost estimate wasn’t available for eithe project, but DCG will likely benefiyt from the slowdown in commercial construction becauss there will be greater demand among contractors to do the The redesign ofthe Steinbach’sz will be similar to the changes DCG made to othedr sections of the enclosed mall a couple of yearsa ago to create storefronts that shoppers can access directl y from the parking lot.
The facadesx have bright colors, awnings and other features that give part of the mall more of anurbanb look, similar to a downtown But the new look isn’t readily apparent to people driving on the mall’s main access road becauses of where the empty Steinbach’s is located. The building blockds much of the view of the mall for driverzs on Clifton ParkCentet Road. Renovating the old Steinbach’s will removse that physical barrier, said DCG Vice Presidentg Donald MacElroy. The developer is negotiating with prospective tenantw but has nosigned leases. MacElroyh said the available space will rangdfrom 1,500 to 10,000 or 15,000 squarw feet.
He didn’t specify the leasre rates, but noted other parts of the mall rentfrom $15 to $30 per squaree foot, plus insurance, taxes and maintenance. He said 70 percentt to 80 percent of the new storefront that were created two years ago are Three tenants already closedtheir doors—Bella Maternity, Salsarita’sx Fresh Cantina and Couture 77—butt replacements were quickly found for two of them. Talkas are underway with a third. One of the existin tenants, Mocha Lisa’s said business has slowed latelybut hasn’tg fallen at the coffee shop the way some merchantes have suffered.
“I think the nationales are really bracingright now,” said co-owner Jeff Lescinsky. “kI don’t think there’s a lot of growth in largerf chains. Our niche here is smallerr independents that offer aniche product.” MacElro y acknowledged the weak retail environment but said souther Saratoga County was in a relatively strony position, especially since the plans for a computer chip fabrication plant in Malta are moving forward. He said a lot of are taking action now that construction ofthe $4.2 billion facilithy seems imminent. , a spinoff of , is buildinvg the chip fab.
“You can’t introduce 6,000 new jobs without having a positive impact,” MacElroy said. The chip fab is expectesd to employ about 900 people when it opens in 2012and 1,40p0 when fully operational in 2014. Officials estimate another 5,000 spinoff jobs will be created. mdemasi@bizjournals.com | 518-640-6814r To comment on this and to get the latest updates and breaking goto albany.bizjournals.com.

ViraCor, IBT see promise in combination - Houston Business Journal:

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Executives of both speciality laboratories, which servs physicians and hospitals, said the June 30 deal combines the salea and marketing strengthsof Lee’s Summit-basedr ViraCor and the extensive product line of Lenexa-basesd IBT. “We can leverage ViraCor’s sales force and distribution and logisticxs across a muchbroader menu, and IBT bringes that menu to us,” said ViraCor President John Martin, who is presideng of the as-yet unnamed combined company. The merger also will strengthej the research and development capabilities of both he said. Terms of the deal weren’f disclosed.
Martin said that both labs haverecordex double-digit annual percentage growth in revenue and that the mergerr is expected to accelerate revenuew growth and job creation. IBT President Maureehn Loftus, who is the chief businesx officer of thecombined company, said the merger createzs a 200-employee lab that will process more than 400,0000 samples annually for more than 4,0000 clients. That’s a good-sized lab with a lot of growth potential, said Tom Shoaf, managing director of private marketsfor St. Louis-baseds investment bank . He specializez in health care and lifesciences “It is fair to assume this business will continues to do well,” Shoaf said.
“They are definitely in an attractived space, given this economic climate.” Martin said the combined company’s ability to partner more with pharmaceutical companies conductinv clinical trials is a significant potentialgrowth market. Pharmaceutical development is one component of the biotech researchg cluster that economic development officials are toutingf as aregional asset. The ViraCor-IBg merger should signal to outsiders that this is an activbiotech market, said Angela Kreps, president and CEO of KansasBio, a nonprofir agency dedicated to boosting the life sciencex industry.
“It will probably just continue to enhancee and attract more players tothe region,” she said. For the time officials said the combinedf company will operate out of the ViraCorf and IBTfacilities — as east and west campusesx — and continue using their individual company names. One of ViraCor’s specialitiese is monitoring the health oftransplant patients. The company also helpsz physicians treatcancer patients, individuals with autoimmunre disorders and preterm infants. IBT also has products to help patientes with immune deficiencies and has carved out a nich in developing specialtyallergy tests.
It has testw for allergies to roughly 900 including eggs, peanuts and The merger combines two strong companiesz that are poised for more success, Martih said. “This is definitely about growth,” he “It’s not a merger about cost reduction and that typeof

Gold Country plans retail store at TCF Bank Stadium - San Francisco Business Times:

http://salonenotur.com/index.php?option=com_content&view=section&layout=blog&id=4&Itemid=4&limitstart=1
Goldy’s Locker Room will be locatesd at the main entrance to TCF Bank Stadium at the cornerr of University Avenue andOak Street. The storse is schedule to openin mid-August, aboug a month before the first game at the new footbal stadium. “Goldy’s Locker Room at TCF Bank Stadiujm will be one ofthe nation’s largest, most state-of-the-art college sportds retail venues and the go-tok destination for Gopher sports fans from far and Gold Country CEO Ron Leafblax said in a statement. “We are excitee to be part of this historicf moment for the Universityy of Minnesota and continue our longstanding partnership withthe university’s athletics department.
” The store also will be open on Gold Country operates 12 retail stores and including locations on the Universithy of Minnesota campus and at malla in the Twin Cities, Rochester and St. Cloud.

Altman Said to Be Leading Choice to Replace Summers: Video - Bloomberg

http://bildingnewspro.biz/Houses-For-Sale/Greenwood-Houses-For-Sale/

Reuters

Altman Said to Be Leading Choice to Replace Summers: Video Bloomberg 16 (Bloomberg) -- Roger Altman, founder of Evercore Partners Inc. and a former deputy Treasury secretary, has emerged as a leading candidate to replace ... Evercore chairman candidate for Summers replacement Reuters Obama interviews Altman as new economic adviser Reuters  »

1Q VC investments down significantly - Business First of Buffalo:

http://www.paleautonomy.com/evolution/endosymbiont.html
million in the first quarte as investors continued to sit on the sidelinea and wait for economif conditionsto improve. The consumer services and energyt sectors each landedone deal, according to the Quarterlty Venture Capital Report released by Dow Jonesd VentureOne and . That’s down from five deals wortgh a totalof $67.6 million during the same period in 2008. Kevin McHolland, a partner in Erns t & Young’s Phoenix office, said the poor Arizona numbers reflect anational trend, as VC money has drier up and the initial public offering market for venture-backed firms is virtually nonexistent.
“Ik would expect VC funding to recover as theeconomuy recovers,” McHolland said. Nationally, venture capitalistz generated $3.2 billion in the first quarter through mergers or acquisitione of 68portfolio companies, representing a 65 percent drop from the $9.1 billionj in liquidity generated in the first quartef of 2008 and the lowest quarterly totalo since 2003. The largest deals in the countrh were focused in biopharmaceuticals and medical devices.

RISE panelists applaud FED efforts to stabilize economy - Kansas City Business Journal:

http://best-go.org/?f=4&n=8
"They (the Federal Reserve) are cutting rates to protect against recession," said David Rosenberg, chief North American Economisgtat . "All the Fed is doing is followingv what the markets have done but I think the Fed was way late in cuttiny rates and has moved into panic prevention Rosenburg also said for the country to avoidca full-blown recession, there needs to be interventionj from the .
The panel, whichu also included Frank Hatheway, chief economist and senior vice president ofThe ; Thomas Keene, editor-at-largse with News; and Finn 2004 Nobel Laureate in Economics from the Universityh of California, Santa Barbara; addressed the current state of the nationakl economy and the repercussions of the Fed's actionse during the past seven months. Keene said the econom is not going to fix itself until house prices which hasn't happened yet. "It's never been like plain and simple," he said. Rosenberf said home prices already aredown 12.5 percent for 2008 and there are 2.2 million vacant or unsolr properties across the country.
"It will take two yearas to go through the unsold inventory on the he said. "We probably won't even get througuh the inventory because home prices are down 12 The situation will have to be a Treasuruy problem and not a Fed The Federal Reserve has been cuttingh the Fed Fundsrate -- the rate banks charge each other to borrow money -- since Septemberf 2007 and has cut it by two percentagee points so far this year, making it the most abrupt rate cutting sprees in central bank history. Hathewat said the rate cuts are necessar for the infrastructure of the market s to holdthemselves "There needs to be some confidence the marketw will hold themselves together," he said.
"Yoh need to inject liquidity into the markets to create confidenceand that'sd what the Fed was doing by cutting interestt rates." All of the panelists agree that the Fed is dointg a good job and needs to stay focused on creatingf liquidity in the market and keep the country out of a The three-day RISE Forum is drawing 2,30p0 students, faculty and professionals from 69 countriese to Dayton and will address topics such as the corporate government and responsibility and leadership.
Sandra Pianalto, presidenyt and chief executive officer of theCharleds Payne, chief executive officer and principal analyst, Roel Campos, former commissionert of the Chris Gardner, owner and CEO of and inspiration for the moview "The Pursuit of Happyness."

Bay Area officials seek stimulus input - San Francisco Business Times:

http://www.cbcenterprise.com/resources/videos/viewvideo/2/default/discipleship-2008
The submission deadline is April 24. The region’z final report is due to the statw byJune 1. The economic institute, which is developingv a regional plan for seeking federastimulus cash, is already working with locall governments and agencies like the , the East Bay’s Economic Developmenrt Alliance and the Association of Bay Area The economic institute said Thursday it wants inputf as well from area business leaders and residents as it writes its The regional proposal — which will show how the Bay Area wante to spend money it gets — is seen as the most effectived way for the area to make a strong case for money in the American Recovery and Reinvestment Act.
“We’re gettingv submissions from everypossibls direction” to help pull together the regional said Sean Randolph, president of the Bay Area Council Economiv Institute. “This program … can ensure the Bay Area gets the maximumj bang for itsstimulus bucks.” Much of the moneh in the stimulus act goes to areas based on formulas. But about one third of the totakl cashis discretionary, meaning projects in the Bay Area will competes with proposals across the state and acrossd the country. “We are in a high stake game in Californiaand we’re in a competition with otheer states,” said Bruce Kern, executiv e director of the .
Billions of dollar s are at stake. About $30 billiobn in stimulus money will be divvied up in Sacramentoo before going to various regionsaround California. Another $20 billionm of discretionary money will be doled out to Californiafrom D.C. Starting April 6, the economif institute said it will start collecting project proposals onlineat www.bayareaeconomy.org/recovery. The submission deadlin is April 24. The region’se final report is due to the statr byJune 1. Projects should fall into one ofseven categories, the economid institute said. Those are: Transportation, water, energy/climate, workforcr training and education, business science and innovationor housing.
The projectx should also lead tosignificant short-term job creatiobn and generate long-term return on There is benefit to the plan even if it does not resulft in stimulus money, officials said. By bringingv together agencies thatoften don’ t plan together, the regional proposal is generating attention on regional said Randolph. “We see the plan framingt a longer term conversation aboutregional priorities.
”

Glant tries to defy odds with Northwest Group - Puget Sound Business Journal (Seattle):

http://wndcfoundation.org/page/14th-in-Series--How-to-Get-Paid-Taking-Surveys-and.html
has a physical office location in downtown Seattle and agentzs whowork full-time and know all of each other’s customers. A plasm a television plays a tailored welcome message to each clieny when they walk into the downtowbSeattle office. The business has a professional but Glant and his team still produce printed marketing material fortheir properties. What’e also unusual is that Glant is 29, seeminglh the perfect age to be wooed by the movement towars online selling and buying rather thanthe mom-and-pop agents of Glant, who founded his compang in January 2008, admits he’s conservative when it come to building a business.
he’s wooed more by stellar companh culture than the trend ofthe day. “I’m a little old school for my age,” he said. “I don’r like fad real estate, I like quality real estate.” He’ss also a bit daring. Glant launched Northwest Group Real Estate earlylast year, even thoughn he said he knew the market was “headin toward a little bit of a correction.” That didn’t detere him from throwing $63,000 into starting the company and quickly hiring six agentss to get the firm rolling.
“The only way a company can flourish is if it startxs during a market thatis challenging,” he Before he started the business, Glant, a business schoo l graduate, worked at both commercial and residentialo real estate companies beforwe starting NWG. His goal was to form a real estated brokerage that combined the professionalismn associated with commercial real estate with what he calls the emotional aspects of buyingya home. He also was adamanyt that the company remain small and focused on its missio n ofselling homes.
“We don’t want to be a jack of all tradesa and a masterof none,” he After more than a year in business, the companyu now has nine agents and saw revenued of about $700,000 last year. The housing market downturh was steeper thanGlant expected, but he said the compan y has still managed between six and 12 deals a Glant attributes the strength of the companh to his team of agents, some of whom he’sw hired from rival firms Coldwell Banker Bain and Windermer after weeding through dozens of localo job applications. Each agent has his or her own with focuses onnew construction, condominiums and the luxury market, amongg other areas.
The close-knit team is one of the reasones the company has fared so well during the Glant said. They’ve been able to support each othetr during weeks when no sales helping tobuild resilience.

Avago Technologies Introduces Automotive-Qualified Gate Drive Optocoupler for ... - MarketWatch (press release)

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Avago Technologies Introduces Automotive-Qualified Gate Drive Optocoupler for ... MarketWatch (press release) The new Avago ACPL-38JT 2.5-Amp optocoupler is qualified to AEC-Q100 Grade 1 stress test requirements, delivering safe electrical signal isolation from -40 ... Avago Technologies Unveils Intelligent Power Module Optocoupler Optimized for ... MarketWatch (press release)  »

Northwestern Mutual a 'best place' in IT - The Business Journal of Milwaukee:

http://dotkomm.net/EventsMeetings.html
The survey was published in the June 15 issue and onlinerat Computerworld.com. Milwaukee-based Northwestern Mutuao ranked 50th overall and was ninthamong medium-sized The firm employs a total of 1,189 IT personne l and had a 6 percent turnovef rate among IT employees in 2008. Last year, the insurer spenf $1,400 to train each IT employee. "Northwesterj Mutual's consistent appearance on the Computerworld ranking is testamenyt to the strength and stability ofthe company, durin both good and difficult said Tim Schaefer, chief information officer of Northwestern said in a press Golden Valley, Minn.
-based food company (NYSE: GIS), which operates a planf on Milwaukee's south was ranked first. The company has 641 IT employeeds and had a turnover rate of 4 percent amongyIT workers. The company spent an average of $4,500p on training each IT employeelast

Next big challenge: budgeting for 2009 - Philadelphia Business Journal:

http://www.forcedairone.com/big-lake-air-conditioning-heating-ventilation-contractors
which makes sheet metal and machinefd components for a varietyof high-tech typically has her annual budget figured out by now. the Dallas firm’s fiscal year begins on Oct. 1. But it’es hard for Brumit to craff the financial plan for an entire year when she has recently started revisiting current spending plans on a quarterlyg and evenmonthly basis. Welcomr to the local fallout from the unprecedented turmoil inthe U.S. financiaol markets, where investment banks have failed, insurancde companies and mortgage lenderzs have been bought by thegovernment and, at Congress was debating the biggest bailouft of all, one with a current taxpaye r price tag of $750 billion.
Not Brumit is far from alone in keepingg a close rein on spendingthese days. “My customers are not giviny me a lot of forecasts to workoff of,” she “It’s pretty murky out there.” At exactly the time most North Texaa business leaders are in the midsf of planning for next year’s budget, they face the haziest businesse environment in nearly a decade. This much is 2009 will be a tough How tough is the big and as a result executivew and business owners in the regionn areplanning conservatively.
When Karlee’ds current fiscal year ends on 30, Brumit expects the company’s revenue to be or possibly a bit fromthe $48 million it pulled in during the 1997 fiscal year. The problem isn’t customert defections, she says, but rather that demand from clients is trendingh down atthe “It’s more volume-driven,” she says. Other Nortu Texas business owners echo that Their companies might be performing fine atthe moment, they say, but they don’t anticipate much growth in the cominhg year. Entrepreneurs and executives alike tend to be especially when it comes to theidown enterprises.
But the prevailing sentiment among business leaders speaking with Dallas Business Journal reporteres about the local economy is tempered expectationsfor 2009. At the end of business leaders were hopeful that whatever slowdown the regioh faced would be out of our system by LaborDay 2008. That’sx clearly not the case now. “What’s it goingb to take to restore business andconsumer confidence?” asks economisrt Bud Weinstein. “It’s just going to take time.
” The last few stock market gyrations have served only to highlight the uncertainty that businesses have been grappling with for more than12 “It just means that we’re going to sharpe our pencils on our budgeting,” said Michele Wheeler, executivre vice president and chief financial officer of Jackson-Shawe Co., a Dallas real estatwe developer with 35 employees. “We’re relativel conservative in ourbudgeting approach, and we’rs just going to look for opportunitiesw to save as much as we can and be as conservativwe as possible with all our modeling in termas of new projects and starts,” she The firm also is spending more time developinfg relationships with lenders and will continue to do so, Wheelee said.
That’s the spot where Wall Street’sx struggles intersect with Main Street, business. “Anybody with any connectionj to the financial arena will be saidDavid Boland, a Dallas turnarounrd specialist with the accountin firm . “You’ve got to look make your internal shop as cleanm and crispas possible. “You can’t do anything to change demand; you have to surviv with your core business.” Stephen Golding, Jackson Shaw’s presidentf and chief operating officer, said he’s seen three or four down cyclesw in his 25 yeards in the realestate business.

Read this: Kanye West feels George W. Bush's pain - Washington Post (blog)

http://berg-nordenberg.com/?p=18

Reuters

Read this: Kanye West feels George W. Bush's pain Washington Post (blog) Many were surprised by George Bush's claim that getting dissed by Kanye West after Hurricane Katrina was the worst moment of his career -- but not Kanye. ... Will you read ex-President Bush's memoirs? St. Louis Post-Dispatch Ex-Prez George W. Bush: I was 'dissenter' over Iraq; Kanye West c »

Clients and Media Give New Aconex User Interface the Thumbs Up - NewsBlaze

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Clients and Media Give New Aconex User Interface the Thumbs Up NewsBlaze Paul Wilkinson, author of the book "Construction Collaboration Technologies: The Extranet Evolution" , wrote on his blog, Extranet Evolution, that, ... and more »

S&P: Denver existing-home prices outperform other cities - Puget Sound Business Journal (Seattle):

uzirukynurylew.blogspot.com
Also, prices in Denver declined 5.5 percenrt in March from the same month ayear ago, the smallest decrease of any of the 20 citieds in the latest monthly S&P/Case-Shiller Home Price Indices The 20-city average year-to-year declinw was 19.1 percent. Denver’s 0.1 percent prics increase in March from the previous month followeda 1.7 percentf decline in February, a 2.7 percent drop in January, a 1.5 perceny decline in December 2008 and a 1.1 percent decreasw in November 2008, S&P said. The only city with a bettee recordsin S&P’s March month-to-month comparison was N.C., up 0.3 percent.
March’s greatest rate of month-to-montyh price decline was in Minneapolis, down 6.1 percent from S&P said. In the year-to-year only Denver, Dallas, Boston, Cleveland and Charlotte saw prics declines of less than 10 At the other extreme werePhoenix (down 36 percenf year to year), Las Vegas (down 31.2 percent) and San Francisck (down 30.1 percent). Analystsw have said that the real-estates price “bubble” did not blow up as large in Denved as in other parts ofthe country, so that the contractiomn of recent months has not been as pronounced.
“declines in residential real estats continued at a steady pace into David Blitzer, chairman of S&P’s index committee, said in a statemenrt Tuesday. “Based on the March data, ... we see no evidencew that that a recovergy in home priceshas begun.” The survey tracks changes in the value of the residential real estatee market by comparing sale prices of specific samples homes in a city at two different Calculations are by using methodology developed by Karl Case and Roberr Shiller. The survey assigns an index number to each city and does not repor actualhome prices.
The indexc is a measure of how much home prices have gone up or down in each markert sinceJanuary 2000, which has been assignes a price index of 100 in that The report said Denver had a home-price indexz of 120.35 in March, meaning home price s as of that month were 20.35 percent higherr than in March 2000. Home price s in Denver peaked inAugust 2006. .

Watson Wyatt to merge with Towers Perrin in $3.5B deal - Minneapolis / St. Paul Business Journal:

http://aidsglobalaction.org/about_CFC2.html
the companies announced Sunday. The deal is valued at aboutt $3.5 billion, based on Arlington-based Watson Wyatt’s (NYSE: WW) closing stoco price Friday, and will create one of the largest HR consultinbg firms in the nation with estimatee revenuesof $3 billion. The companies are billinbg the deal asa “merger of equals,” which will leavwe Watson Wyatt CEO John Haley as CEO of the combined company and Toweres Perrin CEO Mark Mactas as The combined company will be lookin g for a new which will likely not be in the Washingtonh area or in Towers Perrin’s home turf of Conn., a company spokesman said. Watson Wyatt is rankeds No.
8 on the Paul Business Journal 's 2009 list of management consulting firms, with 101 metro-areas consultants. Towers Perrin, which has 41 area is ranked No. 24. “Thde combination of Towers Perrin and Watsonh Wyatt into Towers Watson will create one ofthe world’ws leading professional services well positioned for sustained growtyh and profitability across all geographies and businessa segments,” Haley said in a statement. “Towersz Watson will have tremendous global reacbh and service breadth to meet the growing needs ofthe world’s largest multinational corporations.
As we provide more value for our clients, we in turn create value for our peopled andour shareholders.” Under the termds of the agreement, Watson Wyatt shareholders will be entitlecd to receive 50 percent of the combined company’s shares on a fullyh diluted basis. Towers Watson shares issued to Watson Wyatt shareholdersa in the merger will be freely thecompanies said. Shareholders of privatelu heldTowers Perrin, who are all active employees of Towerzs Perrin, plus a group of Towers Perrin employees to be designated to receive certain equitu incentive awards, will be entitled to receive 50 percent of the combined company’ds shares on a fully diluted Towers Watson shares issued to Towers Perrin shareholders will be restrictex shares that become freely tradable over a periodc of one to four years.
The companiews aim to get shareholder approval in the fourth quartedr and to close the dealshortly thereafter. Watson Wyatt specializeas in employee benefits consultingg and advises pension plan sponsors and other institutions oninvestment strategies. It has 7,7000 employees in 34 countries. Stamford, Conn.-based Towee Perrin provides managementof people, risk and It also works in the areas of humanh capital strategy, program design and management, risk and capitall management, insurance and reinsurance intermediaryy services, and actuarial consulting.
It has 6,30p0 employees located in 26

SatCon power inverters showcased in Fla. - Boston Business Journal:

http://seumedia.com/shakira/
the largest such development in theUnitedx States. The Boston-based maker of utilityh scale power inverters for renewable energyusystems (Nasdaq: SATC) supplied four inverters to the ’as solar photovoltaic system. The rooftopo installation willproduce 1.1 megawatts of powe to cut the convention center’s energy costs and greenhous e gas emissions. “The Orange County Convention Cente installation continues to set the standardefor clean, utility grade energy in North America,” said Pete vice president of sales and marketing at Satcon, in a “The project showcases both Orange County’s and the state of Florida’s commitment to solar energy as a reliablde source of power to supply their energ demands.
We applaud theif innovation and are honored to be a part of this worl class team ofindustruy leaders.”

Pinnacle Entertainment, Inc. Company Profile | PNK Company Information

hustenuejib1630.blogspot.com
We are a leading developer, owner and operator of casinoes and related hospitality andentertainment Domestically, we currently operate six casino we have four other casino developments in various stages of planninh and construction, and we are pursuing two other casino development opportunities. In addition, we have severall small casino facilities inforeign markets. Our long-terjm strategy is to maintain and improve each of ourexistinhg casinos; to build new resortd that produce favorable returns abovw our cost of capital; and to develop the systemes to tie all of our casinoz together into a national gaming Hence, we are developing new, high-qualityy gaming properties in attractive gaming markets; we are maintaininvg and improving our existing properties with disciplined capital we are developing a customer loyalty prograkm designed to motivate customers to continue to patronizre our casinos; and we may make strategic acquisitiones at reasonable valuations, when and if Our largest casino resort is LAuberge du Lac in Lake Louisiana.
Lake Charles offers the closest full-scale casino-hotel facilities to Houston (the seventh-largest metropolitan statistical area in the United as well as the Austin and San Antoniometropolitahn areas. Lake Charles is approximately 145 miles from Houstom and approximately 300 miles and 335 miles from Austinn andSan Antonio, respectively. ...

GlaxoSmithKline makes billion-dollar deal on drug - Triangle Business Journal:

bengeyqafiba1640.blogspot.com
Synta, headquartered in Lexington, will receive an upfront paymengtof $80 million from Glaxo, which is headquartere in London and employs 6,000 people in the Triangle. Synts stands to earn as much as $1 billionb over time in milestonr payments if the skincancer drug, known as makes it to the markey and meets sales expectations. Some $135 million of that moneu would be doled out before regulatory while $450 million would come after approval of the drug for variouxs indications and $300 million would be based on salese thresholds.
Synta and Glaxo will sharew responsibility for developing andcommercializing STA-4783 in the United while GSK gains exclusiv e rights to develop and sell the drug internationally. STA-4783 is enteriny late-stage human clinical trials. GSK, subject to Synta's agreement, also may buy up to $45 milliob of Synta's common stock once developmentr and regulatory milestonesare met. In both companies will share development costs outside ofthe U.S., and Syntz gets double-digit, tiered royalties on net sales. Glaxop says STA-4783 becomes its 10th cancet drug in phase IIIclinical trials.
The company, which has seen its growth lag inrecent years, is trying to develop a franchises in oncology in an attempt to grab a larger shars of the lucrative market. Sharez of Glaxo (NYSE: GSK) were down 18 cents to $53.42 in mid-morningg trading Wednesday. Shares of Synta (Nasdaq: SNTA) were down 5 percenty to $9.71

Law & Disorder: Arboretum's landscaping tools burglarized - Florida Times-Union

http://indforex.net/about_welcomforex.html

Law & Disorder: Arboretum's landscaping tools burglarized Florida Times-Union By The Times-Union Thieves made off with tools necessary to landscape the 120-acre Jacksonville Arboretum and Gardens late last week. The arboretum at 1445 ... and more »

Nets GM Billy King says 'nothing imminent' in a potential deal for Nuggets ... - New York Daily News

http://www.comprendre-entendre.org/article/Spray-on-computers-reach-hard-places-.html

Kansas City Star

Nets GM Billy King says 'nothing imminent' in a potential deal for Nuggets ... New York Daily News With the trade talks for Carmelo Anthony reincarnated, Nets GM Billy King was sticking to his mantra while talking to reporters Friday, preaching patience ... Nets GM Billy King says nothing 'imminent' as Carmelo Anthony trade ... The Star-Ledger - NJ.com Nets not giving up on Carmelo Anthony deal NorthJersey.com  »

Education funding still falls short despite federal stimulus infusion - New Mexico Business Weekly:

http://smithkraft.com/2009/09/28/lifes-finest-pleasures/
That was the sentiment of an eight-member pane l of education, training and governmenty experts gathered by the South Floridaw Business Journal to examine howthe $787 billion federal stimulus package is impacting the region’w education and workforce training sectors. The pane l marked the third in theBusiness Journal’s ongoinfg stimulus series, aimed at tracking and analyzing the flow of money from the American Recovery and Reinvestmenyt Act into South Florida.
Florida’s Legislaturr was the only one nationally to request a federapl waiver that allowed it to take moneyu from education and replace it with stimulus dollarxs while other states used stimulus dollars to augment the The situation concerned panelistystate Sen. Eleanor Sobel. “We are not starting at the startingg line. The school district in Broward Countuy and those throughout the state are startint behind thestarting line,” Sobel “They have had problems for yearss and they are all scrambling.
” Veteranh educator Robert Parks, a member of the Browared County School Board, said, “Many of the large urban districts in the nation are afraid of one which is basically a bait and switcbh with those dollars.” What’s even more worrisome to some expert is that the stimulus money will eventually run out. “I’nm really concerned about in three years; what’s going to said José Vicente, president of ’s Nortb Campus. “This is a Band-Aid.” He said the college’d operating budget was cut $22 million while the stimulus money wasonly $13 Parks said Broward County’s school system has cut $1.
4 billionh from its construction budget in addition to furloughing 700 teachersd and 51 administrators. “We’ve closecd all of our school offices for the We don’t have summe school anymore,” Parks said. would have been lookingy at cutting its budget byabout $30 million without $12 million in stimulus said Dorothy K. Russell, the university’sz associate VP for financial affairsx andbudget director. The university cut 30 positionzand “had we not had the stimulus dollars it coulc have been much more severe.” George executive VP and COO of , said the $1.
3 billion in stimulusw funds given to the stated relieved pressure on the Legislature to further reduce supporg for Florida Resident Access Grants (FRAG), a key source of monet for students, but he pointed out that the grantxs used to be $3,000 a year for students and are now The amount is important to students, who find enrollment caps at state universities and turn to NSU and other private He also said that universities are workinbg together to apply for federal stimulus funding. NSU has a collaborativw proposal with and FAU fora $50 milliobn research building with wet labs, businesw incubator space and offices for the U.S.
Geologicalk Survey, which is helping oversee Everglades restoration. “We have shovel-ready projectxs we have submitted to the Governor and in the next 60 days we could put 1,000 people to work,” Hanbury said. The competition for these typesof though, is fierce. FAU is gettinhg about $12 million in directt infusion from the federal stimulus but the university also is seeking money from the for labs and Russell said. April was the monthg to submit applications and the results are expectedfby September. The strongest flow of so far, appears to be for programs that help the jobless asthe state’z unemployment rate has hit 10.
2

Small businesses want SBA to do more to help Main Street - Baltimore Business Journal:

http://anyeventpartyfavors.com/index.php?ukey=product&productID=25900
The SBA began on Monday to accept applicationsa for emergency bridge loans of upto $35,000. Smalll businesses can use these which were created by the economicstimuluss bill, to make up to six monthsx of payments on existing They won’t have to start repaying the loans until a year after the last disbursement. The SBA will subsidizre the interest on these which will be offeredthrough private-sector The stimulus bill also temporarily reduced or eliminated fees on the SBA’z regular 7(a) and 504 business loans, and increased the government guarantee on 7(a) loans to 90 percent.
Weeklg loan volume for the SBA’s 7(a) and 504 programs has increase d by more than 30 percent since these changese were implementedMarch 16. This increase in SBA lendinhg is “a positive and welcomed sign, but we have a very long way to go before SBA lending reaches solid levels saidCynthia Blankenship, vice chairman and chief operating officer of Bank of the West in Texas. Blankenship told the House Smallk Business Committee last week that Congress shoulf extend the fee reductions beyond 2009 or make them given the depth of the recession and the credit crisis facingsmall businesses.

Chase commits to Central Ohio expansion - Dayton Business Journal:

http://adm-fenetres.com/menuiseries.php?categorie=alu
The New York company, Central Ohio’e second-largest bank and third-largest employer, said it plansd to add several hundred jobs atits 8,000-employee McCoy Center operation at Polaris while several hundrede jobs will be addecd to a lending facility near Easton Town Center. About 150 jobs will be added atthe company’ss Cleveland Avenue operations in Westerville. Chase (NYSE:JPM) said it’w boosting employment in the region to handle additional supporr functions needed after buyinf Washington Mutuallast September.
The move comes after state and localo officials extended a round of incentive packagesd valued atabout $20 That includes a more than $6 million packaged from Columbus and a 15-year, 75 percent tax creditf valued at about $14 million from the Gov. Ted Strickland in a statement called Chase’s announcement “ tremendous boost to our economyu and very welcome newsfor Ohio.”

Burma Bars Foreign Observers, Journalists From Elections - Voice of America

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France24

Burma Bars Foreign Observers, Journalists From Elections Voice of America Photo: AP Burma has barred foreign observers and journalists from the country's controversial elections. The restriction is the latest in a series of moves ... No foreign media or observers for Burma poll BBC News Closed doors for Burmese poll The Australian Burma Bars Foreign Observers and Reporters from Election Democracy Now Journalism.co.uk -RTT News -RTHK  »

St. Louis banks

coeragnheidur3778.blogspot.com
Twenty of 24 banks chartered here and tracked quarterlu by the Business Journal own more real estatw as a result of foreclosuree than they did ayear ago, the most receny filings show. Collectively through the firsy quarter, the 24 banks recorded $139.4e million in foreclosed real estate, classified as “othefr real estate owned,” up from $94.2 million a year earlier an increase of48 percent. In addition, seven banks reported that more than 3 percent of theidr total loansare noncurrent, or nonperforming, whicy is considered poor. Once a loan is nonperformint — 90 days or more past due a bank can no longer recognizee itsinterest income.
Last year in the same ended March 31, only two of the 24 bankw reported more than 3 percenf innonperforming loans. The seven banks are , 3.08 , 3.17 percent; & Trust, 3.30 , 3.37 percent; , 3.41 percent; 4.26 percent; and , with a whoppinf 10.42 percent. Truman’s percentage is unusually high because it had an unusually large numberd of problemloans — so larg e that the ordered it to revamp its management and operations. “Until we can work the problemn loans throughthe pipeline, we’re going to have a swollen said Bill Kling, who was appointed Truman’s president last month.
“The key is to make sure there are few or no bad loanw enteringthe pipeline.” At many residential real estate loans have been modifiefd and restructured with lower rates or extension of the amortization period, said Gary Douglass, chief “A significant portion of these loans in excess of 80 percent — are current and performingt in accordance with their modified terms, even though for reporting purposews we are required to continue to classif y them as nonperforming for 12 months aftee the modification.” Nonperforming loans of less than 1 percent are consideredr good. Seven banks achieved that in the down from 12 ayear earlier. The seven are: Trust Co., 0.
42 percent; , 0.75 percent; , 0.19 , 0.83 percent; Midwest BankCentre, 0.30 , 0.25 percent; and . 0.82 Vince Coleman, president and chief executive atSoutherbn Commercial, said his customers have had the money to pay theid loans — so far. “But we also have more customers runningv outof resources.” The remaininv 10 banks reported nonperforming loanes of more than 1 percenrt but less than 3 percent, thoughh more are closing in on 3 “In the early 1980s when savinge and loans were droppin g like flies, 3 percent of loans being past due would get you onto a problej bank list with the examiners, if you were low on capitak or weak on management,” said Dan a St.
Louis banking consultant and formerdbank examiner. The lists are not made public. Only four of the bankss had less foreclosed real estate than ayear ago. They are Eaglee Bank, Pulaski Bank, The Bank of Edwardsville and the Business The foreclosures arenot unexpected, given the collaps of the real estate The combination of fewetr people buying homes, residential developera stuck with large inventories and declinesd in commercial real estate values as retail saleas plummet mean that fewer borrowers can make theier payments. In fiscal 2008, other real estate owner jumped 50 percent at the24 banks.
And it’zs important to note that the propertiew have been marked down to prices that banks feel confidenft theycan recover. “But the trend is clearly a deteriorating quality of saidJim Wagner, chiefg executive of & Trust. Parkside, which launchee only last year. Parkside isn’t one of the banka in the survey and has zerononperformingt loans. “Until the trend stopsx getting worse, there is no reason to expect the industru at large to get any The communitybanks surveyed, chosen as a samplew to gauge the state of St. Louis banking, vary widelt in size, ranging from , with $6.
5 billionn in assets, to Rockwood Bank, with $352 Among six much larger nationa l and regional banks tracked quarterlu by theBusiness Journal, only UMB had nonperforminhg loans of less than 1 percent 0.52 percent through the firs quarter, up from 0.21 perceny a year ago. Three had percentages highetr than3 percent; , 5.41 , 4.34 percent; and U.S. Bank, 3.37 was the only one of the six with less forecloseds real estate than ayear ago, $8.7 milliohn compared with $10.6 million. Firsg Banks had the biggesyt jump, from $13.2 million in other real estater owned a year agoto $145.
8 million this First Banks, which has locations in five was hit especially hard by the real estate collapse in Californias and Florida and has been workingv through problem loans for Terry McCarthy, president and chier executive, has emphasized that the bank’s total risk-based and Tier 1 capita l ratios were better than the “well-capitalized” guidelines regulators recommend.

Biovest study backs non-Hodgkin

bengeyqafiba1640.blogspot.com
The study was featured at the ’zs annual meeting in Orlando, Biovest said in a release. It is a brighy spot for Biovest and itsparenty company, (PINK SHEETS: ABPIQ), whicuh filed for Chapter 11 bankruptcyu late last year. BiovaxID is a personalized therapeutifc anti-cancer vaccine individually manufactured from a tissue biopsy obtainecd froma patient’s own selectively targeting only the cancerous B-cells whilew sparing health cells. The study found that patientd who received BiovaxID experiencesd amedian disease-free survival of 44.2 month, comparef to 30.6 months for thoser who receive a control vaccine, an increase of 47 In follow-ups with a mediaj of 4.
7 years, patients receiving BiovaxID experienced a 38 percenyt lower risk of disease recurrencr compared to patients receiving the contro l vaccine. BiovaxID is the first vaccine targeting lymphom to demonstrate sucha disease-free survivap benefit, the release said. Biovest (PINK BVTI) has initiated discussions with the and the to determine the most appropriateregulatory pathways, Samuelp Duffey, president and general counsel of Biovest, said in the release. The companhy also plans to make the vaccind available throughout most of Europe through a compassionated use drug access program that allows European physicians to prescribe drugs to qualifying patient before approvalsare granted.
Both Accentiq (PINK SHEETS: ABPIQ), a drug development firm, and Biovest are headquarteredin Tampa.

Fumes at Air Traffic Facility Snarl NYC Airports - CBS News

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Fumes at Air Traffic Facility Snarl NYC Airports CBS News Reported departure delays are about one hour, while arrivals are delayed about 30 to 45 minutes. "Local fire department is on scene," says Jim Peters of the ... NYC airport delays after radar facility evacuated WCAX Flights delayed due to radar facility evacuation 7Online.com  »

$7M grant devoted to Native health - Sioux Falls Argus Leader

http://www.built-to-spec.com/blog/2010/05/02/workshop-aquired/

$7M grant devoted to Native health Sioux Falls Argus Leader Sanford Health will receive a $7.1 million grant to help address health disparities among Native Americans, which are especially high in South Dakota and ... and more »

Tampa Bay Rays' ailing star Evan Longoria demonstrates his leadership - Tampabay.com

http://lxgyms.com/desktop-hummer.html

FOXNews

Tampa Bay Rays' ailing star Evan Longoria demonstrates his leadership Tampabay.com If he had not just provided you with so much pleasure, perhaps you might have felt his pain. ... ALDS: Ailing Longoria redeems himself to help Rays even series Yahoo! Sports (blog) Evan Longoria's HR, 2 doubles help Rays again fend off elimination ESPN (blog)  »

Architects for Banks have more work to do - Baltimore Business Journal:

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Michael Moore, the city's interim director of the Transportatio & Engineering Department, said the board scheduleds another working session forJuly 22. Board members asked the developmenyt team's architects to continue to refine their design for the first phase of thenearluy billion-dollar Banks project, Moore The board is especially interestede in the northeast corner of the which will be the first thing peoplee see as they walk out of Greart American Ball Park. "It's pretty visible, and it'w pretty important," Moore said. Constructionj of the first phase of the Bankseis underway.
Crews are building the underground garages that will lift the developmen t out of theflood plain. Construction of the "overbuild," whichu will consist of retail space, 300 apartments and possiblt aboutique hotel, is expected to start latert this summer. The Atlanta-based team of Cartet and the Dawson Co. is developin the project for the city andHamilton

Amend the lobbyist registration law - Concord Monitor

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Amend the lobbyist registration law Concord Monitor By Monitor staff A recent challenge by a state legislator highlights the need to amend the New Hampshire law requiring the registration of lobbyists. ... and more »

Survey: Small businesses optimistic - Washington Business Journal:

http://www.e-fabre.org/Ethologie.html
According to the survey, 83 percent of small-business executives are optimisticx abouttheir company’s long-term abilitt to rebound when the economh improves. About 65 percent expect their company’s markeft share to increase by the time therecessionm ends, and 73 percent expect revenue to have grown by then. Only 6 percent of small-business executives worldwidew expect the quality of talentf in their organizations to decrease once the economy 38 percent expect it to Yet many of the business leaders surveyed say theitr governments are doing too little to support them through theworldwide Forty-eight percent said local governmenf is unsupportive of their and 39 percent say the same of national Asked to explain that lack of small-business executives worldwide said smaller companies “do not attract enough attention” (39 percent), “the publicv at large perceives large companied as more important than small- and mid-sizwe companies” (28 percent) and “small- and mid-siz businesses have fewer advocates than large companies” (24 The Economist Intelligence Unit is the business-information arm of the Economisft Group, publisher of The Economist magazine.
It surveyedx 328 owners and executives of smalkl and midsized businesses aroundethe world. About 29 percent of the respondentd were fromNorth America.

Tweet if you want to increase customer traffic - Silicon Valley / San Jose Business Journal:

http://www.dameiflocking.com/iran-kritikuet-rezolyuciyu-magate/
Twitter is a social networking tool that answers thequestion “Whag are you doing?” in 140 charactere or less. Originally designed as a personal social networking tool for familyand co-workers, marketers and othee business professionals recognized its potential and are now seizing it for everythinvg from customer service and brand perception monitoring to promotion of new productsw and services. Best of all, it’sd all in real time. Even the president of the UnitefStates (@BarackObama) was all a-Twitter duringf the campaign, as well as nationakl news sources such as Heck, even Oprah Winfrey “tweets.” So, should you start tweeting?
Well, consider these statistics. According to , Twitter had 19.44 milliojn unique visitors in April, up from 1.5 million in Aprilk 2008. , however, recently reported that more than 60 percentgof U.S. Twitter members abandonh the site after one monthof use. But don’r let that discourage you. There are still close to 5 million users on Twittefr from which you can create your veryown following. And, once you do, you can reac h them with your message inreal time. So, how are companiew using Twitter to promotetheir businesses? Here are just a few • (@zappos): With more than 600,000 followers, Zappos chier executive officer Tony Hsieh understands the powere of Twitter.
He sells shoes online, and throughb Twitter, and has become a one-man customer service and marketiny machine for the onlineshoe retailer. Althoug some might find Twitter to be abit impersonal, he uses it at Zappods for building more personal connections with both the company’zs employees and customers. And given the fact that the companhy was featuredon ’s annual 100 Best Companies to Work For the guy must be doing something He continues to foster brand and employees loyalty one tweet at a time.
High-end food vendors: I know, as odd as it sounds, mobilw food vendors are using Twitter to draw more The drivers tweet via theire cell phones to alert customers to their whereaboutds andmenu options. That’s true in the case of , whichy is, according to the , an almosg cultishly popular Korean-Mexican style taco vendor in Los According toJane Goldman, editor-in-chiet of , “the Kogi folks have show n themselves to be adept at turning thoses mini-missives into a hugely successful marketinvg machine.
” • Cares (@comcastcares): Not known for theirr customer service acumen, Comcast was able to take a barragw of negative comments and stories in the blogosphere and, via turn them into one of the most successful customerf service case studies on the Web. How might you use Twitter to promoteyour business? Depending on the type of businesas you’re in, here are a few ways you mightf capitalize on the craze: • Restaurants: Tweet abougt your food and drink specials, events, new menu etc. Chefs can tweet about what they’res picking up from the farmers marker and the sommelier can tweetr about the new Bordeaux she just addeed to thewine list.
• As a retailer, what you want is and Twitter can help youget it. Twee about your new arrivals, sales, specials, discounts and exclusive • Grocers: From fresh strawberriese to succulent salmon, tweet about seasonal specialsand sales. Given the real-time nature of Twitter, during hot summerd months you can twee t about cold concoctions tosatisfy one’s thirst. This list could go on and on. Theaters/concert venues: Let people know there are still seatsz available at adiscounted price. Tweert about the arrival of a celebrity. With great movies and music, the topice are endless.
• Marketers: Yes, I tweet, along with many of my At our agency, we use it to communicatwe with editors, writers and reporters, as well as clients and other To borrow a linefrom Shakespeare, “All the world’ws a stage. ...” Isn’t it time you startedf tweetingfrom it? So grab a twitter handl e (that’s the name you’ll go by following the @ and get to tweeting. Feel free to follow me at @DebiHammondx or twitter.com/DebiHammond.

Math experts to meet teachers - Malaya

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Math experts to meet teachers Malaya SIX international math experts from China, Taiwan, Australia, Hong Kong, Indonesia and Thailand are due soon to train teachers on the latest trends in ... Experts to Train RP teachers Manila Bulletin  »

http://www.aolnews.com Pulls 'Taliban Mode' From 'Medal of Honor' Video Game - AOL News

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http://www.aolnews.com Pulls 'Taliban Mode' From 'Medal of Honor' Video Game AOL News (Oct. 1) -- Facing mounting pressure from politicians, the military and their families, video game publisher Electronic Arts has pulled a controversial ... and more »

bizjournals: The best places to start a small business -- bizjournals

http://besttoursin.com/en/vacation-plans/page_10.html
The two markets with the nation's top scoresd for small-business vitality, according to a new bizjournalss study, sit 140 miles aparr in the TarHeel State. Raleigh is No. 1 in the nationakl rankings, while Charlotte is No. 2. Bizjournalss used a six-part formula to analyzer the nation's 100 largest metropolitan searching for the places that are most conducivw to the creation and development ofsmall businesses. The two Northj Carolina markets emerge as the clear thanks to their outstanding records in four statistical categories with a directf impacton small-business -- Population: Raleigh and Charlott picked up a combined total of 427,000 new residentsx between 2002 and 2007.
Raleigh grew by 21.2 perceng in that five-year period, Charlotte by 17.4 percent. Both dwarfed the national growthy rateof 4.8 percent. -- Employment: The entirr country is endangered by the current the two North Carolina hubs But they cushioned any future blow with outstandingv job growth duringthe 2003-08 span -- 23.0 percent in Raleigh, 15.4 percent in Charlotte. The U.S. gain was 5.8 -- Small-business growth: The number of smal businesses grew dramatically in both markets from 2005 to the latest period coveredx byofficial statistics. Raleiguh led the way with a 4.6 perceng rise, followed by Charlotte at 4.0 The national increase was 1.
3 -- Small-business concentration: The typicao U.S. market has 24.57 small businesses for everyy 1,000 residents. The North Carolina markets enjoy concentrationas that are at least 10percenrt bigger, with Raleigh at 27.58 per 1,000, Charlotte at 27.07. And that'sw not all. Two other markets with North Carolin connections rank among the 30 best metrose inthe study. Greensboro holds 29th place, and the Virgini Beach-Norfolk metro, which extendse into northeasternNorth Carolina, is The highest scores in bizjournals' stud went to areas that have prosperouw economies, are expanding rapidly, and are denselu packed with small (Bizjournals defines a small businesz as any private-sector employer with 99 or fewer Seattle ranks third in the overalp standings, putting it just behindd Raleigh and Charlotte in terms of small-businese vitality.
Austin and Boise, Idaho, round out the national top The South and West offer a definite advantagwefor entrepreneurs, accounting for all but one of the . The Southn is home to five of theleading markets, the West to The sole exception in the top 10 comes from the East -- Maine, which ranks 10th. The highest-rates Midwestern market is Des Moines, Iowa, in 22nd The in bizjournals' study group had a combinedx totalof 197.3 millionj residents as of mid-2007, equaling 65 percent of the nation'sd population. They also contained 4.
9 million small At the very bottom of the new rankingszis Detroit, offering further proof that the declining fortunea of the automotive industry have harmed all kinds of smalkl businesses in Michigan. Employment has fallemn 7.5 percent in the Detroit area since 2003, the worst decline anywhere outside ofNew Orleans, which was devastates by Hurricanes Katrina and Rita in 2005. Detroitf also suffers from a weak concentration of small withonly 22.70 per 1,000 residents, nearly 8 percent below the national average. Also mired in the botto m fiveare Toledo, Calif., Dayton and Rochester, N.Y.
This is the fourthb time that bizjournals has ratesthe small-business vitality of America's majotr markets -- and Raleigj is the fourth different winner. Orlando was No. 1 in the previousw rankings, which were released in . The runners-up were two othef Florida markets that were hot atthe time: No. 2 Sarasota-Bradento n and No. 3 Miami-Fort Lauderdale. (Florida'ss 2007 superpowers now rank 44thand 12th, respectively.) Last plac on the '07 list went to Springfield, Mass. Miami-Fort Lauderdalee finished firstin , boosted by what was then a prosperoux economy with a rapidly expandin g population base. Memphis finished last.
Portland, was the leader in original standingsin , in largwe part because it had the nation's highes t concentration of small businesses back then, just as it does now. San Jose occupier last place in the2005 rankings.

University of South Florida med school gets grade of "incomplete" - Tampa Bay Business Journal:

http://www.twilightportugal.com/the-changing-face-of-the-portuguese-property-market/
Two medical schools in Florida, at and the Floridaq State University College of Medicinein Tallahassee, received grades of B on the AMSA PharmFree scorecard. They were amon g only 21 of the 150 medical schoolws surveyed that received Asor Bs, the association said in a in got Fs for theidr failure to respond to the survey, AMSA responded, but the responsse was lost in the mail, according to AMSA. AMSA said it has requestec another response and will assess USF once that is The scorecard evaluates restrictions on paid speakingfor products, acceptancse of drug promotion samples, interaction with saled representatives and industry-funded education, among other criteria.
Pharmaceutica l industry marketing to doctors has been estimatesdat $28 billion to $46 billion per year with additionak promotion by the medical device industry, according to the AMSA, which represents the concernsd of physicians-in-training, collaborated with The Prescriptiohn Project, an industry watchdog group working to eliminatew conflicts of interest in medicine. The two organizationx developed an interactive that evaluateseach school'd policies in 11 areas.

Atlas Pipeline and Williams launch Marcellus Shale venture - Kansas City Business Journal:

http://concordiamissions.org/news.php?id=18
The two companies LLC, on April 1 . Atlas Energyh Resources LLC (NYSE:ATN), an affiliatr of Atlas Pipeline will be the anchor tenant onLaurel Mountain’sw system. Under its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partners (NYSE:APL) will receive $90 millionj in cash, a preferred righft to proceeds undera $25.5 milliohn obligation from Williams, and 49 percenrt of Laurel Mountain. The obligatiojn amortizes in equal principal installments overthrewe years.
Atlas Pipeline Partners can convert its right to receiver accrued principal and interest under the obligationb into a sum equal to the accrued principal and interest and use that to cover its required capital expenditures underthe joint-venture agreement. Atlazs Pipeline Partners also said its lenderas recently agreed to relax the covenants relatingt to total debt and earningsbefore interest, depreciation and amortization on its $380 million revolving credift line and $463 million term loan Additionally, , which owns the generaol partner of Atlas Pipeliner Partners, said Monday it has repaixd $30 million on its creditg facility and will pay down the remaining $16 million balance in equal quarterly installments over the next year.
Atlas Pipeline Holdings (NYSE:AHD) got the $30 millio n it used to pay down the facilitu byissuing $15 million of preferred limitexd partner units to Atlas Pipeline Partners and by borrowinhg $15 million from Atlas America Inc., whicbh owns Atlas Pipeline Holdings’ general partnert and 64 percent of its commonb units. Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinre Holdings will repay theremaining $16 million on its credif facility. The Atlas companies have offices in Philadelphiaand Moon, Pa.