xszeyluje.blogspot.com
In partnership with two locak malls, the husband and wife team -- owners of -- is workinyg on a campaign called Throughthe Holidays." From Nov. 18 through Jan. 5, Ingran Park Mall and Windsor Park Mall will make motorizede scooters fromthe Harrisons' store available for use by mall "We're really happy to do it with them," says Michael marketing director for Windsor Park "This is something that we don't think has been offered in San Antonio before (in the (They) really make a difference for older peopl ... or handicapped that want to come to the mall and shop ontheirr own.
" All proceeds from the holiday venture will benefi t the Salvation Army's Angel Tree progra m and a charity chosen by the Bexare County Sheriff's Office. The Scooter which is based inNew Braunfels, openedf its San Antonio store in October. However, its ownerx already are looking for ways to help the communityy through projects like Throughthe Holidays." From hot pink modelse to Eddie Bauer editions, the motorizedf wheelchairs and carts from The Scooter Store offert mobility to elderly and physically disabled people.
The updatee styles help keep the scooters from looking like medical which is important tothe store's customers, says Noah Keifer, a salesma n for The Scooter Store. "These people don't want to look They want to look like theyhave fun," Keifert says. "For most these are their cars." What began as a small enterpris e for the Harrisons in 1991 has changed the face of thescootedr business.
Most scooters are sold through representativesz of manufacturing companies who bring the scooters and saleds materials tothe customer's door, according to the But the Harrisons' stores boast larg showrooms where customers can try different models and Salespeople are on hand and can offer all typews of information on the advantages of differenft models. The Scooter Store also offers full-service repairse for all scooters, not just thosee purchased at TheScooter Store. Doug Harrisomn says he realized the need for scooters to increass mobility through the help ofa cousin, who was injurex in a car accident.
He noticex that people were driving out of theie way to shop at grocery storesz that offered motorizedwheelchair service. "You can completely change someone's lifestyle just with a scooter," he With 29 employees, The Scooter Store has locations inNew Braunfels, Houston and Austin. This the company also celebratedd the grand opening of a SanAntonio showroom, which is located at 8134 Fredericksburgf Road. The new flagship store soon will offera full-servicwe repair shop as well. Doug Harrison's expectations for the San Antoniol storeare high. He anticipates selling 50 to 60 scooter sper month.
That compareas to sales at the Houstob location of 40 to 50per "Even though San Antonio is smaller, it has a largerr customer base than Houston," he says. "It's extended becausee of the retirement community and the retired When Doug Harrison caughtthe "entrepreneurial bug," he says he was workinfg for a major oil company in New But after much thought, he and his wife, Susanna, decidedx to go into businessd on their own. They researcherd several franchises -- from fast food to computer graphicsx -- but chose Wheelchairf Getaways, a Kentucky-based chain that rentsa wheelchairsand lift-equipped vans.
The couple says they ultimately choss Wheelchair Getaways because they wanted a busines that gave something back tothe community. "Yo u put a home-bound customer in a scootetr and their facelights up," Doug Harrisoh says. "Their whole life is It's a feel-good business." With the help of Doug Harrison'ws parents, the couple opened their first Wheelchai Getaways store inNew Braunfels. They felt the stor e was centrally located to cove r theHill Country, San Austin and Houston. Despite pouring all of their resourcesx into the wheelchairand van-rental side of the business, the Harrison s carried a scooter as an extra service.
It was that scooter that gainee popularity and grewthe business.
Wednesday, August 31, 2011
Monday, August 29, 2011
Paguyuban Masyarakat Tionghoa Gelar Upacara HUT RI di Pasar Atom - Detikcom
youngmanmeledero1636.blogspot.com
KOMPAS.com | Paguyuban Masyarakat Tionghoa Gelar Upacara HUT RI di Pasar Atom Detikcom Paguyuban masyarakat Tionghoa di Surabaya pun ikut serta menggelar upacara mengenang detik-detik Proklamasi. Upacara digelar di halaman depan Pasar Atom Mal di Jalan Stasiun Kota, Rabu (17/8/2011) yang diikuti oleh 2 ribu peserta ini sudah yang ke ... FOTO: Upacara Bendera Warga Tionghoa Ribuan Keturunan Tionghoa Medan Gelar Upacara 17 Agustus |
Saturday, August 27, 2011
Missouri bill could allow for more transportation projects - Kansas City Business Journal:
qozito.wordpress.com
The bill, signed Tuesday by Gov. Jay Nixon, allowds MoDOT to bid highway and bridge projects with a different knownas design-build, which can reduce project costs and cut projecyt completion time in half. The bill allows MoDOT to contractr 2percent — or abourt 10 projects — of the Department’s State Transportation Improvement Project list using the Traditionally, MoDOT must design the entire projecyt before it can solicit bids and award constructiomn contracts.
Design-build projects allow contractor s to design asthey build, which savess time and money and allowes for more innovation and creativity on the said Lisa LeMaster, senior governmental relations specialist at “It allows large and more complex projectxs to be constructed more quickly because you have a singler contractor working on both the design and the LeMaster said. “Therefore, a project can be move from one phas into the next muchmore quickly.” • Missourij Highway 169 and 96th Streety intersection improvement in Kansas City. • Missouri Highway 92-Missouru Highway E improvementin Smithville. • Missourij Route 364/Page Avenue extension in St.
Louid County. However, until the approves the projectafor design-build, these projects are merely LeMaster said. The time and money saved usingthe design-buildx method will become more important durint the next few years as MoDOT competesd for more stimulus grants and its budgert shrinks from $1.2 billion this year to $500 million by 2012. Lee Ann district planning managerwith MoDOT, said the agencg plans to compete for American Recovery and Reinvestment Act funds throughg the Transportation Investment Generating Economic Recover grants. She said MoDOT will submit a plan to add truck lanews to a section of Interstate 70 between Kansase Cityand St. Louis for the grant competition.
Applicationa for the $1.5 billion pool are due 15, though the has until Feb. 17 to allocat the money. Projects receiving the grants must cost atleasyt $20 million and be completed by 2012. Kell said the time limig lends the projects tothe design-builfd method. MoDOT has let only threr projects in its historyas design-builds, all within the past two The first was Interstate 64 reconstruction near St. Louis. LeMaster said the project would have taken six years usiny thetraditional method. She said the contractor will complete the projectin three. The second project bid as a design-builrd was the kcICON bridge project, which includew construction of theChristopher S.
Bond LeMaster said MoDOT didn’t have the funds to pay for the project through thetraditional method, but as a the project was awarded at $232 roughly $68 million less than its original The kcICON project will be finished in just less than four rather than the estimater seven years using the traditional she said. The final project was the statewidedSafe & Sound Bridge Improvement Program, which will improve 802 of the city’sz lowest-rated bridges during the next five LeMaster said the design-build method allowzs construction teams to close bridges for 45 days insteads of the usual 90 days, and she said the projectg will finish in five yearxs rather than seven.
Kell said the success of the thre e projects led tothe bill’e passing. “We feel we’ve got a betted value all the way around,” she
The bill, signed Tuesday by Gov. Jay Nixon, allowds MoDOT to bid highway and bridge projects with a different knownas design-build, which can reduce project costs and cut projecyt completion time in half. The bill allows MoDOT to contractr 2percent — or abourt 10 projects — of the Department’s State Transportation Improvement Project list using the Traditionally, MoDOT must design the entire projecyt before it can solicit bids and award constructiomn contracts.
Design-build projects allow contractor s to design asthey build, which savess time and money and allowes for more innovation and creativity on the said Lisa LeMaster, senior governmental relations specialist at “It allows large and more complex projectxs to be constructed more quickly because you have a singler contractor working on both the design and the LeMaster said. “Therefore, a project can be move from one phas into the next muchmore quickly.” • Missourij Highway 169 and 96th Streety intersection improvement in Kansas City. • Missouri Highway 92-Missouru Highway E improvementin Smithville. • Missourij Route 364/Page Avenue extension in St.
Louid County. However, until the approves the projectafor design-build, these projects are merely LeMaster said. The time and money saved usingthe design-buildx method will become more important durint the next few years as MoDOT competesd for more stimulus grants and its budgert shrinks from $1.2 billion this year to $500 million by 2012. Lee Ann district planning managerwith MoDOT, said the agencg plans to compete for American Recovery and Reinvestment Act funds throughg the Transportation Investment Generating Economic Recover grants. She said MoDOT will submit a plan to add truck lanews to a section of Interstate 70 between Kansase Cityand St. Louis for the grant competition.
Applicationa for the $1.5 billion pool are due 15, though the has until Feb. 17 to allocat the money. Projects receiving the grants must cost atleasyt $20 million and be completed by 2012. Kell said the time limig lends the projects tothe design-builfd method. MoDOT has let only threr projects in its historyas design-builds, all within the past two The first was Interstate 64 reconstruction near St. Louis. LeMaster said the project would have taken six years usiny thetraditional method. She said the contractor will complete the projectin three. The second project bid as a design-builrd was the kcICON bridge project, which includew construction of theChristopher S.
Bond LeMaster said MoDOT didn’t have the funds to pay for the project through thetraditional method, but as a the project was awarded at $232 roughly $68 million less than its original The kcICON project will be finished in just less than four rather than the estimater seven years using the traditional she said. The final project was the statewidedSafe & Sound Bridge Improvement Program, which will improve 802 of the city’sz lowest-rated bridges during the next five LeMaster said the design-build method allowzs construction teams to close bridges for 45 days insteads of the usual 90 days, and she said the projectg will finish in five yearxs rather than seven.
Kell said the success of the thre e projects led tothe bill’e passing. “We feel we’ve got a betted value all the way around,” she
Thursday, August 25, 2011
Education funding still falls short despite federal stimulus infusion - Houston Business Journal:
onoeuqedol1902.blogspot.com
That was the sentiment of an eight-member panelk of education, training and government experts gathereds by the South Florida Business Journalp to examine howthe $787 billion federal stimulus packagee is impacting the region’s educationh and workforce training sectors. The panel markesd the third in theBusinessx Journal’s ongoing stimulus series, aimec at tracking and analyzing the flow of money from the American Recovery and Reinvestment Act into South Florida’s Legislature was the only one nationally to requestr a federal waiver that allowed it to take moneuy from education and replace it with stimulus dollarw while other states used stimulus dollars to augment the The situation concerned panelist state Sen.
Eleanor “We are not startin g at the starting line. The school districtg in Broward County and those throughout the states are starting behind thestartinh line,” Sobel said. “They have had problems for yearss and they areall scrambling.” Veteran educatore Robert Parks, a member of the Broward County School Board, said, “Many of the large urban districts in the nation are afraid of one which is basically a bait and switch with thoses dollars.” What’s even more worrisomer to some experts is that the stimulux money will eventually run out. “I’m reallgy concerned about in three years; what’s goinb to happen?
” said José Vicente, president of ’e North Campus. “This is a Band-Aid.” He said the college’ operating budget was cut $22 million whilde the stimulus money wasonly $13 Parks said Broward County’s schoopl system has cut $1.4 billion from its construction budget in addition to furloughing 700 teachers and 51 “We’ve closed all of our schookl offices for the summer. We don’ t have summer school anymore,” Parks said. would have been looking at cuttiny its budget byabout $30 million without $12 millionn in stimulus funds, said Doroth K.
Russell, the university’s associate VP for financialp affairs and budget The university cut 30 positionsand “hae we not had the stimulus dollarz it could have been much more severe.” Georgre Hanbury, executive VP and COO of , said the $1.3 billionh in stimulus funds given to the state relievex pressure on the Legislature to further reducr support for Florida Resident Access Grante (FRAG), a key sourcs of money for students, but he pointed out that the grantd used to be $3,0009 a year for students and are now The amount is important to students, who find enrollment caps at statd universities and turn to NSU and other private He also said that universities are working together to apply for federal stimuluzs funding.
NSU has a collaborative proposal with and FAU fora $50 milliobn research building with wet labs, business incubatore space and offices for the U.S. Geological which is helping oversereEverglades restoration. “We have shovel-readuy projects we have submitted to the Governor and in the next 60 days we couldxput 1,000 people to work,” Hanburyy said. The competition for thesed typesof projects, though, is fierce. FAU is gettingh about $12 million in direct infusion from the federapstimulus package, but the universitg also is seeking money from the for labs and Russell said. April was the month to submity applications and the results are expectedby September.
The strongest flow of money, so far, appearws to be for programs that help the jobless asthe state’s unemploymenft rate has hit 10.2 percent.
That was the sentiment of an eight-member panelk of education, training and government experts gathereds by the South Florida Business Journalp to examine howthe $787 billion federal stimulus packagee is impacting the region’s educationh and workforce training sectors. The panel markesd the third in theBusinessx Journal’s ongoing stimulus series, aimec at tracking and analyzing the flow of money from the American Recovery and Reinvestment Act into South Florida’s Legislature was the only one nationally to requestr a federal waiver that allowed it to take moneuy from education and replace it with stimulus dollarw while other states used stimulus dollars to augment the The situation concerned panelist state Sen.
Eleanor “We are not startin g at the starting line. The school districtg in Broward County and those throughout the states are starting behind thestartinh line,” Sobel said. “They have had problems for yearss and they areall scrambling.” Veteran educatore Robert Parks, a member of the Broward County School Board, said, “Many of the large urban districts in the nation are afraid of one which is basically a bait and switch with thoses dollars.” What’s even more worrisomer to some experts is that the stimulux money will eventually run out. “I’m reallgy concerned about in three years; what’s goinb to happen?
” said José Vicente, president of ’e North Campus. “This is a Band-Aid.” He said the college’ operating budget was cut $22 million whilde the stimulus money wasonly $13 Parks said Broward County’s schoopl system has cut $1.4 billion from its construction budget in addition to furloughing 700 teachers and 51 “We’ve closed all of our schookl offices for the summer. We don’ t have summer school anymore,” Parks said. would have been looking at cuttiny its budget byabout $30 million without $12 millionn in stimulus funds, said Doroth K.
Russell, the university’s associate VP for financialp affairs and budget The university cut 30 positionsand “hae we not had the stimulus dollarz it could have been much more severe.” Georgre Hanbury, executive VP and COO of , said the $1.3 billionh in stimulus funds given to the state relievex pressure on the Legislature to further reducr support for Florida Resident Access Grante (FRAG), a key sourcs of money for students, but he pointed out that the grantd used to be $3,0009 a year for students and are now The amount is important to students, who find enrollment caps at statd universities and turn to NSU and other private He also said that universities are working together to apply for federal stimuluzs funding.
NSU has a collaborative proposal with and FAU fora $50 milliobn research building with wet labs, business incubatore space and offices for the U.S. Geological which is helping oversereEverglades restoration. “We have shovel-readuy projects we have submitted to the Governor and in the next 60 days we couldxput 1,000 people to work,” Hanburyy said. The competition for thesed typesof projects, though, is fierce. FAU is gettingh about $12 million in direct infusion from the federapstimulus package, but the universitg also is seeking money from the for labs and Russell said. April was the month to submity applications and the results are expectedby September.
The strongest flow of money, so far, appearws to be for programs that help the jobless asthe state’s unemploymenft rate has hit 10.2 percent.
Monday, August 22, 2011
Study: Downturn to fuel litigation - San Antonio Business Journal:
http://www.gamingevolved.com/private-honeymoon/
The blame game will prompt many ofthesee suits, the study Of the U.S.-based companies participating in this year’s survey, 34 percent expecyt to see what the study call a “run-up” in litigation involving theirr firms over the next 12 months. By 22 percent of respondents to the 2007 surveh expected to see an increasein litigation. “Thisw year’s survey appears to mark an inflectionm point for Americanbusiness — between the end of a prolonged periodr of prosperity and the startf of a period of economivc challenge that is likely to fuel litigatiojn over who is to blamew and who should pay for the consequences,” said Stephen Dillard, chaire of Fulbright’s global litigation practice.
The lates t litigation trends report is based on responses from 358 participatinvgcompanies — including company officials who serves as general or deputy-general counsels for theier firms. Of that pool, 251 respondentsa were U.S.-based firms. The surveg was performed from May 22 through July 18 of this year during what Dillardcalls “thw cusp of that transition” from economic prosperit y to the current economic slump. The report covers litigation practices over theprior 12-month Houston business research firm conducted the survey on behalf of Fulbrighgt & Jaworski.
The litigation trends report providese businesses with a snapshot of the currentlegal landscape, notes John Webere Jr., who is a partner in the litigation practice of the San Antonip office of Houston-based Fulbright & Jaworski. Given the time framew in which the survey was Dillard said that the 2008 reporthighlights “both the evident calm beford the storm, as well as the sense that disputex are on the rise.” The overall pace of activitg in the U.S. declined during the 2007-08 surveyt period — with 21 percent of U.S. companies stating that no new lawsuitws had been filedagainst them.
By 17 percent of the firms surveyed claimed there was no new litigatiomn against them duringthe 2006-07 survey period. The surveu also found that while sizedoes matter, smaller is bettef than bigger when it comes to avoidingf lawsuits. Nearly half (47 percent) of companies with less than $100 in revenuw reported that they faced no new lawsuitsin 2007-08, whilr 27 percent of middle-market companies ($10o million-$999 million in revenue) also avoided gettingv sued. Among billion-dollar companies, 89 percent reportecd getting hit with least one new lawsuitin 2007-08. Of the U.S.
companiews responding to the 2008 litigationtrends survey, 45 percenyt reported spending at least $1 million annuallt on litigation. In line with that finding, 19 percenrt of the U.S.-based firms stated that they were more likelu to increasetheir in-house litigation Over the past 12 months, 12 percent of the insurancre companies surveyed had already engaged outside counsel regarding subprims lawsuits or investigations.
Eleven percent of the financiapl services firms surveyed had done this over the past Looking ahead to the next 12 15 percent of theinsurance firms, and 22 percen of the financial servicex respondents are, as the report states, “bracing themselves for a subprime actiom or investigation.” The survey found that insurance companies were most vulnerablde to litigation — with at least 66 percent of these firms facing six or more new Next was the retail industry, with 55 percentg of this sector facing at leas t six new lawsuits.
These top targets were followedby manufacturing, with 54 percenty of the companies facing six or more new lawsuits; and health care with 52 percent of its businessezs facing at least six new As for the areas most ripe for the top three were labor and employmen t matters, contract disputes and personal injuruy cases. These areas also took the top three spots inthe 2006-07 and the 2005-06 Weber says. Product liability, intellectua property/patents, insurance, environmental-toxic tort, regulatory, classx actions and professional services rounded out the top 10 categoriessof lawsuits.
BizPulse Survey: Wouls Obama or McCain be better for theeconomy
The blame game will prompt many ofthesee suits, the study Of the U.S.-based companies participating in this year’s survey, 34 percent expecyt to see what the study call a “run-up” in litigation involving theirr firms over the next 12 months. By 22 percent of respondents to the 2007 surveh expected to see an increasein litigation. “Thisw year’s survey appears to mark an inflectionm point for Americanbusiness — between the end of a prolonged periodr of prosperity and the startf of a period of economivc challenge that is likely to fuel litigatiojn over who is to blamew and who should pay for the consequences,” said Stephen Dillard, chaire of Fulbright’s global litigation practice.
The lates t litigation trends report is based on responses from 358 participatinvgcompanies — including company officials who serves as general or deputy-general counsels for theier firms. Of that pool, 251 respondentsa were U.S.-based firms. The surveg was performed from May 22 through July 18 of this year during what Dillardcalls “thw cusp of that transition” from economic prosperit y to the current economic slump. The report covers litigation practices over theprior 12-month Houston business research firm conducted the survey on behalf of Fulbrighgt & Jaworski.
The litigation trends report providese businesses with a snapshot of the currentlegal landscape, notes John Webere Jr., who is a partner in the litigation practice of the San Antonip office of Houston-based Fulbright & Jaworski. Given the time framew in which the survey was Dillard said that the 2008 reporthighlights “both the evident calm beford the storm, as well as the sense that disputex are on the rise.” The overall pace of activitg in the U.S. declined during the 2007-08 surveyt period — with 21 percent of U.S. companies stating that no new lawsuitws had been filedagainst them.
By 17 percent of the firms surveyed claimed there was no new litigatiomn against them duringthe 2006-07 survey period. The surveu also found that while sizedoes matter, smaller is bettef than bigger when it comes to avoidingf lawsuits. Nearly half (47 percent) of companies with less than $100 in revenuw reported that they faced no new lawsuitsin 2007-08, whilr 27 percent of middle-market companies ($10o million-$999 million in revenue) also avoided gettingv sued. Among billion-dollar companies, 89 percent reportecd getting hit with least one new lawsuitin 2007-08. Of the U.S.
companiews responding to the 2008 litigationtrends survey, 45 percenyt reported spending at least $1 million annuallt on litigation. In line with that finding, 19 percenrt of the U.S.-based firms stated that they were more likelu to increasetheir in-house litigation Over the past 12 months, 12 percent of the insurancre companies surveyed had already engaged outside counsel regarding subprims lawsuits or investigations.
Eleven percent of the financiapl services firms surveyed had done this over the past Looking ahead to the next 12 15 percent of theinsurance firms, and 22 percen of the financial servicex respondents are, as the report states, “bracing themselves for a subprime actiom or investigation.” The survey found that insurance companies were most vulnerablde to litigation — with at least 66 percent of these firms facing six or more new Next was the retail industry, with 55 percentg of this sector facing at leas t six new lawsuits.
These top targets were followedby manufacturing, with 54 percenty of the companies facing six or more new lawsuits; and health care with 52 percent of its businessezs facing at least six new As for the areas most ripe for the top three were labor and employmen t matters, contract disputes and personal injuruy cases. These areas also took the top three spots inthe 2006-07 and the 2005-06 Weber says. Product liability, intellectua property/patents, insurance, environmental-toxic tort, regulatory, classx actions and professional services rounded out the top 10 categoriessof lawsuits.
BizPulse Survey: Wouls Obama or McCain be better for theeconomy
Saturday, August 20, 2011
ENT faith: Determining the motives of our heart - The Sudbury Star
ogarawo.wordpress.com
ENT faith: Determining the motives of our heart The Sudbury Star By ROGER O'BRIEN In the last few months, I have written a couple of columns on the expectant coming of the Lord Jesus Christ and our desiring to be ready for His return. Jesus often referred in Scripture to His return and urged us to watch and to be ... |
Thursday, August 18, 2011
Ford sales climb to highest level since July - Silicon Valley / San Jose Business Journal:
zuloraxelewo.blogspot.com
But sales were down 24.2 percen t compared with May 2008, when the company sold 213,238 units. For the first five months of 2009, Dearborn, Mich.-based Ford F) sold 620,303 units, compared with 981,150o units during the same perioe ayear earlier, a 36.8 percent In a sign that buyers might be coming back to the luxuryy vehicle market, Ford’s Lincoln division reported that it sold 8,566 units in May, a 2.2 percent increase over May when it sold 8,365 units. Sales of Ford Explorers, made at the Louisvillde Assembly Plant on FernValley Road, declined 34.6 to 5,315 units from 8,122 units a year ago. Sales of the Mercury Mountaineer, also made at Louisvillee Assembly, dropped 45.
2 percent, to 402 from 734 unitxs a year earlier. Sales of F-Series pickup trucks, includingf Super Duty trucks made at the Kentuckyh Truck Plant on Chamberlain dropped 22.3 percent, to 33,3812 units, from 42,973 units in May 2008. Sale s of Ford Expedition which began production at Kentuckt Truck Plantin April, declined 40 percent, to 3,150p units from 5,252 unitse a year earlier. Sales of the Lincoln also made at KentuckyTruck Plant, droppeed 40.6 percent, to 790 units from 1,329 units a year Ford saw year-over-year gains in some of its car The company sold 19,786 Fusion sedans in May, up 9.4 perceng from the year-earlier period when it sold 18,0888 units.
Lincoln sold 1,553 Town Cars in May, up 103.3 percenyt from May 2008, when it sold 764 of the luxuryu vehicles. Ford’s Volvo division sold 590 of its S60 up 9 percent from May when it sold 542 Also Tuesday, Ford announced a summer promotionj to draw more consumers to Through June 30, the automaker will coverd as much as three monthsa of payments up to $2,100, and its Ford Credit subsidiary will offer zero percent financing on selecg Ford, Lincoln and Mercury
But sales were down 24.2 percen t compared with May 2008, when the company sold 213,238 units. For the first five months of 2009, Dearborn, Mich.-based Ford F) sold 620,303 units, compared with 981,150o units during the same perioe ayear earlier, a 36.8 percent In a sign that buyers might be coming back to the luxuryy vehicle market, Ford’s Lincoln division reported that it sold 8,566 units in May, a 2.2 percent increase over May when it sold 8,365 units. Sales of Ford Explorers, made at the Louisvillde Assembly Plant on FernValley Road, declined 34.6 to 5,315 units from 8,122 units a year ago. Sales of the Mercury Mountaineer, also made at Louisvillee Assembly, dropped 45.
2 percent, to 402 from 734 unitxs a year earlier. Sales of F-Series pickup trucks, includingf Super Duty trucks made at the Kentuckyh Truck Plant on Chamberlain dropped 22.3 percent, to 33,3812 units, from 42,973 units in May 2008. Sale s of Ford Expedition which began production at Kentuckt Truck Plantin April, declined 40 percent, to 3,150p units from 5,252 unitse a year earlier. Sales of the Lincoln also made at KentuckyTruck Plant, droppeed 40.6 percent, to 790 units from 1,329 units a year Ford saw year-over-year gains in some of its car The company sold 19,786 Fusion sedans in May, up 9.4 perceng from the year-earlier period when it sold 18,0888 units.
Lincoln sold 1,553 Town Cars in May, up 103.3 percenyt from May 2008, when it sold 764 of the luxuryu vehicles. Ford’s Volvo division sold 590 of its S60 up 9 percent from May when it sold 542 Also Tuesday, Ford announced a summer promotionj to draw more consumers to Through June 30, the automaker will coverd as much as three monthsa of payments up to $2,100, and its Ford Credit subsidiary will offer zero percent financing on selecg Ford, Lincoln and Mercury
Tuesday, August 16, 2011
Dress Barn acquiring Tween; few job cuts expected - Business First of Columbus:
oc697vot.blogspot.com
Suffern, N.Y.-based Dress Barn (NASDAQ:DBRN) said the deal, expectec to close in October, will give Tween (NYSE:TWB) shareholderx about 16 percent of DressBarn stock. Based on terms of the the company is payingabout $157 million for Tweebn shares and paying off the retailer’s outstandinbg bank debt. Tween in regulatory filingd reported an outstanding balance of morethan $166 millionb on its credit facility, but company officials value the deal at roughly $220 million after accountinvg for Tween’s cash reserves. Tween, which runs more than 900 storee under the Justice and Limited Too will become a subsidiary of the morethan 1,500-store Dresx Barn chain.
Tween CEO Michael Rayden, in a conference call said the company is in a strongedr financial position under Dress Barn than as astandalone business, particularly in regards to access to capital. And with much of the financia l duties shifting toDress Barn, he the Tween team can focus on merchandisingh and marketing. Rayden will continue to manage Twee n but report to Dres Barn CEODavid Jaffe. Jaffer called the transaction “strategically compelling” for his companyt and said providing trendy merchandise at a value price is a formulaw his companyis well-acquainted with.
For Dresds Barn, the Tween acquisition is a move to diversify its which operates under the Dress Barn andMauriceas nameplates. The company has about a dozebn stores inCentral Ohio, with Dress Barn targeting women in their 40s and Maurices aiming at wome n in their 20s. “Those are my girls’ moms,” Raydenn said, referencing Tween’s core customer base of girls age He said the chains willhave cross-promotional opportunitiesd once customer databases are shared. Jaffe said Tween will continuer to be headquartered in New but that some cost reductions will come from eliminatinv duplicate publiccompany expenses.
Rayden, in an interview with ColumbusBusinesz First, said any job cuts that could come to New Albany post-acquisitionn would not be a significant amount and that the 235 positiona eliminated in the past year as it transitioned from its onetimes flagship Limited Too stores to its smaller – but lower-pricede – Justice brand already have made the companyu leaner and more efficient. The compangy has between 400 and 450 employees at its headquarters and betweenb 125 and 150 at its Etnadistributiom center.
Jaffe, speaking to Columbus Business said Dress Barn learned from its 2005 acquisitioj of Mauricesthat it’s important to keep those who are knowledgeable and passionate about the business with the business. “Mike has builyt a heck of an organization,” he said. “There’ws not much we think we can teacb them, but we think the three brands will have greaterbuying power, better economies of Rayden put it another way — “It’s better to be a big ship in a rougy ocean than a smalol one.” Rayden said between 30 and 40 stores still have the Limited Too branding and will not be converted untilk lease negotiations finish.
Jaffe said Dres Barn is confident in Raydemn andhis long-term strategy and admittedc that it was the transition to the lower-price d Justice brand that initially piquee the company’s interested in acquiring Tween. “The business is he said. “This is a unique They have no direct Rayden said the company was not pursuing a sale and that Jaffee first contacted Tween the day after it announced its plan to transition to Justice last The executives met days later to discuss apotential deal, but talks did not heat up until this spring, he Tween has struggled amid a pullback in consumet spending that helped push sales at company-owned stores open at leasgt a year down 12 percent in its last fiscapl year.
Tween lost $17 millioh on $995 million in revenue in its fiscal yearendedx Jan. 31 and last month reported a $1.4 million fiscal first-quartere loss. The combined companyg would have annual sales ofabout $2.4 billion and operatw 2,465 stores. The boards of both Dressx Barn and Tween have approved the which requiresTween approval.
Suffern, N.Y.-based Dress Barn (NASDAQ:DBRN) said the deal, expectec to close in October, will give Tween (NYSE:TWB) shareholderx about 16 percent of DressBarn stock. Based on terms of the the company is payingabout $157 million for Tweebn shares and paying off the retailer’s outstandinbg bank debt. Tween in regulatory filingd reported an outstanding balance of morethan $166 millionb on its credit facility, but company officials value the deal at roughly $220 million after accountinvg for Tween’s cash reserves. Tween, which runs more than 900 storee under the Justice and Limited Too will become a subsidiary of the morethan 1,500-store Dresx Barn chain.
Tween CEO Michael Rayden, in a conference call said the company is in a strongedr financial position under Dress Barn than as astandalone business, particularly in regards to access to capital. And with much of the financia l duties shifting toDress Barn, he the Tween team can focus on merchandisingh and marketing. Rayden will continue to manage Twee n but report to Dres Barn CEODavid Jaffe. Jaffer called the transaction “strategically compelling” for his companyt and said providing trendy merchandise at a value price is a formulaw his companyis well-acquainted with.
For Dresds Barn, the Tween acquisition is a move to diversify its which operates under the Dress Barn andMauriceas nameplates. The company has about a dozebn stores inCentral Ohio, with Dress Barn targeting women in their 40s and Maurices aiming at wome n in their 20s. “Those are my girls’ moms,” Raydenn said, referencing Tween’s core customer base of girls age He said the chains willhave cross-promotional opportunitiesd once customer databases are shared. Jaffe said Tween will continuer to be headquartered in New but that some cost reductions will come from eliminatinv duplicate publiccompany expenses.
Rayden, in an interview with ColumbusBusinesz First, said any job cuts that could come to New Albany post-acquisitionn would not be a significant amount and that the 235 positiona eliminated in the past year as it transitioned from its onetimes flagship Limited Too stores to its smaller – but lower-pricede – Justice brand already have made the companyu leaner and more efficient. The compangy has between 400 and 450 employees at its headquarters and betweenb 125 and 150 at its Etnadistributiom center.
Jaffe, speaking to Columbus Business said Dress Barn learned from its 2005 acquisitioj of Mauricesthat it’s important to keep those who are knowledgeable and passionate about the business with the business. “Mike has builyt a heck of an organization,” he said. “There’ws not much we think we can teacb them, but we think the three brands will have greaterbuying power, better economies of Rayden put it another way — “It’s better to be a big ship in a rougy ocean than a smalol one.” Rayden said between 30 and 40 stores still have the Limited Too branding and will not be converted untilk lease negotiations finish.
Jaffe said Dres Barn is confident in Raydemn andhis long-term strategy and admittedc that it was the transition to the lower-price d Justice brand that initially piquee the company’s interested in acquiring Tween. “The business is he said. “This is a unique They have no direct Rayden said the company was not pursuing a sale and that Jaffee first contacted Tween the day after it announced its plan to transition to Justice last The executives met days later to discuss apotential deal, but talks did not heat up until this spring, he Tween has struggled amid a pullback in consumet spending that helped push sales at company-owned stores open at leasgt a year down 12 percent in its last fiscapl year.
Tween lost $17 millioh on $995 million in revenue in its fiscal yearendedx Jan. 31 and last month reported a $1.4 million fiscal first-quartere loss. The combined companyg would have annual sales ofabout $2.4 billion and operatw 2,465 stores. The boards of both Dressx Barn and Tween have approved the which requiresTween approval.
Sunday, August 14, 2011
Relatively calm, US markets close higher - UPI.com
ejoxot.wordpress.com
Relatively calm, US markets close higher UPI.com An exhausted trader sits down following the market close in the S&P 500 stock index options pit at the Chicago Board Options Exchange on August 8, 2011 in Chicago. The S&P 500 closed at 1119.46, down 79 points or 6.7 percent, and the Dow Jones ... |
Thursday, August 11, 2011
Wal-Mart to hire 22,000 - Orlando Business Journal:
http://www.dsp-world.com/2000/totejan.html
Wal-Mart’s announcement came on a day the government released mildly encouraginh weeklyunemployment figures. But it also hit as the retail industry reported some overall dismal with same store sales figures falling an averagof 4.8 percent for May. The discounrt retail giant says it willhire 22,00p0 people to staff new or expanded storesz this year. “During this difficult economic time, we’rre proud to be able to create quality jobs for thousands of Americandsthis year,” Eduardo vice chairman of , said in a statement. But even Wal-Marty (NYSE: WMT) isn’t hirinhg at the same pace it has in the The Bentonville, Ark.-based retailer added 33,000 jobs in the U.S.
last year. Wal-Mart’s low prices on everything from food to electronicsz have allowed it to gain market share and have kept it positione d asthe nation’s number one retailer. Unliker its peers, Wal-Mart did not release monthlyy sales figures, instead focusing its attention on itshirinfg announcement. Wal-Mart’s announcement, on the eve of its annual shareholder’sd meeting, came as the U.S. Labof Department released jobless figures showing the recession may be losinb at least some ofits momentum. Initialp claims for state unemploymentfell 4,000 to 621,00 in the week that ended May 30. That’s the thirrd straight week fewer workers filednew claims.
And the tally of claims drawn by workers for more than one week in the week endedf May 23fell 15,000 to 6,735,00 -- the first decline in that figure since Jan. 3. But that news isn’t exactlyg good. It’s just less bad than other developments, and expertws expect plenty more pain to Chief financial officers polled recently by and CFO magazine expect the recessiohn to last through the endof 2009. CFOs in the U.S. and Europs expect unemployment to keep rising in the next 12 perhaps to as high as 12percen domestically. Meanwhile, the nonfarm payrolls repor from the government Friday is expected toshow 550,00o0 jobs lost in May, and unemploymentt climbing above 9 percent.
While Wal-Mart announced its hiring plans, other retailers reported dismal results forMay same-store sales. Sales fell 4.8 percent at the 30 retailersa trackedby . Sales fell 6.1 percentf at Target, Macy’s sales fell more than 9 and sales dipped7 percent. Such pessimismk adds weight to Wal-Mart’s decision to keep on despite the fact thatother U.S. retailers like and Macy’s have slashecd payrolls in recent months. Wal-Mart this year will fill positions from cashieres and sales associatesto pharmacists, human resourc managers and customer service The company will add 1,000 or more workers in California, Florida, Michigan, New Jersey, South Carolina, Utah and Virginia.
But the generallh grim climate raises the Is anybody out there otherthan Wal-Mary on the hunt for new employees The answer in one major Southeasrt market is encouraging. The Charlotte Business Journal reports that therr are jobs to be had evenin ’a hard-hit hometown, where local unemployment is over 11 You just have to know where to “The defining feature for who is hirin g is not the size of the firm, but quits frankly, what is that firm doing?” N.C. State economisgt Mike Walden told thebusinesz journal.
Notably, among the firms the Charlottw Business Journal cited as in thehirinv game: discount retailers, just like
Wal-Mart’s announcement came on a day the government released mildly encouraginh weeklyunemployment figures. But it also hit as the retail industry reported some overall dismal with same store sales figures falling an averagof 4.8 percent for May. The discounrt retail giant says it willhire 22,00p0 people to staff new or expanded storesz this year. “During this difficult economic time, we’rre proud to be able to create quality jobs for thousands of Americandsthis year,” Eduardo vice chairman of , said in a statement. But even Wal-Marty (NYSE: WMT) isn’t hirinhg at the same pace it has in the The Bentonville, Ark.-based retailer added 33,000 jobs in the U.S.
last year. Wal-Mart’s low prices on everything from food to electronicsz have allowed it to gain market share and have kept it positione d asthe nation’s number one retailer. Unliker its peers, Wal-Mart did not release monthlyy sales figures, instead focusing its attention on itshirinfg announcement. Wal-Mart’s announcement, on the eve of its annual shareholder’sd meeting, came as the U.S. Labof Department released jobless figures showing the recession may be losinb at least some ofits momentum. Initialp claims for state unemploymentfell 4,000 to 621,00 in the week that ended May 30. That’s the thirrd straight week fewer workers filednew claims.
And the tally of claims drawn by workers for more than one week in the week endedf May 23fell 15,000 to 6,735,00 -- the first decline in that figure since Jan. 3. But that news isn’t exactlyg good. It’s just less bad than other developments, and expertws expect plenty more pain to Chief financial officers polled recently by and CFO magazine expect the recessiohn to last through the endof 2009. CFOs in the U.S. and Europs expect unemployment to keep rising in the next 12 perhaps to as high as 12percen domestically. Meanwhile, the nonfarm payrolls repor from the government Friday is expected toshow 550,00o0 jobs lost in May, and unemploymentt climbing above 9 percent.
While Wal-Mart announced its hiring plans, other retailers reported dismal results forMay same-store sales. Sales fell 4.8 percent at the 30 retailersa trackedby . Sales fell 6.1 percentf at Target, Macy’s sales fell more than 9 and sales dipped7 percent. Such pessimismk adds weight to Wal-Mart’s decision to keep on despite the fact thatother U.S. retailers like and Macy’s have slashecd payrolls in recent months. Wal-Mart this year will fill positions from cashieres and sales associatesto pharmacists, human resourc managers and customer service The company will add 1,000 or more workers in California, Florida, Michigan, New Jersey, South Carolina, Utah and Virginia.
But the generallh grim climate raises the Is anybody out there otherthan Wal-Mary on the hunt for new employees The answer in one major Southeasrt market is encouraging. The Charlotte Business Journal reports that therr are jobs to be had evenin ’a hard-hit hometown, where local unemployment is over 11 You just have to know where to “The defining feature for who is hirin g is not the size of the firm, but quits frankly, what is that firm doing?” N.C. State economisgt Mike Walden told thebusinesz journal.
Notably, among the firms the Charlottw Business Journal cited as in thehirinv game: discount retailers, just like
Tuesday, August 9, 2011
BioMarin: Genzyme virus problem won
http://gipnotizer.com/Luxury/Loose-Gemstones/
Genzyme (NASDAQ: GENZ) found a viruxs strain and stopped production of two drugsd atthe Allston, Mass., facility. The strain, Vesivirus apparently does not cause human infection but interrupts the growth of cellxs that are used tomake drugs. Aldurazyme — a treatment for MPS I, a rare and fataol disease caused by an enzymedeficiency — was last filleed at the Genzyme facility in Septemberd 2008, according to BioMarin BMRN). The company has about 10 monthes of vialed inventoryon hand, it said, and uses a secondf fill finish supplier. A third supplier is expecte d to be qualified laterthis year, BioMarin BioMarin makes the bulk material used in Aldurazymd at its Novato facility.
The Food and Drug Administratiomn hadinspected Genzyme’s plant in September and Octoberd and reportedly was concerned aboutg controls to protect against
Genzyme (NASDAQ: GENZ) found a viruxs strain and stopped production of two drugsd atthe Allston, Mass., facility. The strain, Vesivirus apparently does not cause human infection but interrupts the growth of cellxs that are used tomake drugs. Aldurazyme — a treatment for MPS I, a rare and fataol disease caused by an enzymedeficiency — was last filleed at the Genzyme facility in Septemberd 2008, according to BioMarin BMRN). The company has about 10 monthes of vialed inventoryon hand, it said, and uses a secondf fill finish supplier. A third supplier is expecte d to be qualified laterthis year, BioMarin BioMarin makes the bulk material used in Aldurazymd at its Novato facility.
The Food and Drug Administratiomn hadinspected Genzyme’s plant in September and Octoberd and reportedly was concerned aboutg controls to protect against
Sunday, August 7, 2011
Trial features talk of bin Laden, 'winks' - Montgomery Advertiser
http://dodgeofantioch.com/useful-information-on-suppliers-of-auto-parts-in-los-angeles.html
Trial features talk of bin Laden, 'winks' Montgomery Advertiser State Sen. Harri Anne Smith, right, arrives with her husband, Charlie Smith, for the gambling corruption trial at the federal courthouse in Montgomery on Friday. The senator is a defendant in the case. Before prosecutors and defense attorneys rested in ... |
Subscribe to:
Posts (Atom)