Century 21 China Real Estate Announces Plan to Effectuate ADS-to-Share Ratio ... MarketWatch (press release) The plan to effectuate the Ratio Change has been approved by the board of directors of the Company. The Company anticipates that the Ratio Change will bring its average ADS price above $1.00 per ADS in compliance with the New York Stock Exchange ... |
Saturday, March 31, 2012
Century 21 China Real Estate Announces Plan to Effectuate ADS-to-Share Ratio ... - MarketWatch (press release)
Thursday, March 29, 2012
Fidelity
The two-story building will house Fidelity’s Human Resource Services business, whichy provides corporate clientswith payroll, health and welfare, and human resourcexs services. The company will emplouy 300 at Mesa del Sol but plans to increase thatto 1,200. Phase two of the buildinhg is slated to be ready byMarcj 2009. The building shell was completedx in six months and tenant improvements ineighty months, with peak construction employing 300 workers, said Michaeol Daly, president of the master-planned Mesa del Sol community in south-centralo Albuquerque.
Dekker/Perich/Sabatini designed the building, whicuh was initially created to meet the Silver LEED certificationstandarr (Leadership in Energy and Environmental It is now anticipated the buildingy will meet the higher Gold LEED The construction materials used components high in post-industrial and post-consumer recycled content. Many of the materialxs were manufactured orharvested locally. The structure uses a chilled watert system with cooling towers forair conditioning. Therre will be preferred parking spaces for thosde who drive alternate fuel vehicles or car There are also showers and changing rooms for bicyclists and additionalbike racks.
The parkinh lot is composed ofpervious concrete, which captures rainwatert and allows it to seep into the grounfd rather than turning into runoff. The 40,000-square-foot parking lot is one of the firstt installations in the state to use this product and will becomw a test case for Mesadel Sol, whic is envisioned as an environmentalluy sensitive, green community. More than 85 percenft of the construction debris from the site has been The general contractorwas LLC. Other firms working on the projecftinclude , , , , , and . Mesa del Sol is a 12,900-acrew mixed-use district near the Albuquerque International Sunport.
It is being developed by LLC, a joint venture betweenj Forest City NM LLC and CovingtonNM LLC. Foresy City NM LLC is a subsidiaryof FCE.AA). Covington NM LLC is an affiliats companyof , a real estates development and investment companyt with offices in Calif., and Powell, Ohio. The partners are developing Mesa del Sol in conjunctionm with the New Mexico StateLand Office, the and with the supportg of the city of Albuquerque, Bernalillpo County and the state of New Mesa del Sol’s industrial space houses Albuquerquee Studios, Advent Solar and the under construction Schottr Solar plant, among others.
Tuesday, March 27, 2012
A “cash for clunkers” program proposed in the Americamn Clean Energy and Security Act woulx give car buyers a credit of upto $4,50o toward new-car purchases. That could reignite auto sales, which are on pace for the worstf yearsince 1979. “It’s a spectacular said Rhett Ricart, CEO of in Columbus. “It’ll speexd up business.” The House Committees on Energy and Commerce estimatesthe one-year program could add as many as 1 millio sales this year. That would be a 10 percent boost to the 10 million vehicles Americans are expectex to buyin 2009, accordinfg to J.D. Power & Associates. U.S. Rep.
Bettyg Sutton, D-Ohio, introduced the progran both as an amendmentg to the energy bill and asstandalone legislation. U.S. Sen. Sherrord Brown, D-Ohio, stressed the importance of the bill in a May 20 discussion with reporters about thefederal government’s work to help the auto industryt in Ohio. Brown said he couldn’t predict the proposal’s chancde of approval in Congress, but he’d like to see the incentivee get tobuyers quickly.
He said it makes sense to pass the progra m separately to get it President Barack Obama has said he supportss theHouse version, which is in while the Senate is workiny on a version, which may carry highere fuel economy standards, according to publishex reports. The program, whichn several European countrieshave instituted, would discount qualifyinv new-car purchases by either $3,500 or $4,500, dependinf on fuel efficiency improvements. Eligible cars for trade-inb would have to be at least a year old and have a combinee EPA fuel economy rating of 18 miles per gallonor less.
The buyef would get a $3,500 credig if the new vehicle gets between 4 and 9 mpg more thanthe trade-ib and the full $4,5009 credit if the new vehicle gets at leasty 10 mpg better. For the trade-in minimum would be 18 mpg, with a 2 mpg improvemenr necessaryfor $3,500 and a 5 mpg boost for the $4,50 0 credit. Large light-duty trucks, whicn weigh between 6,000 and 8,500 pounds, would have a trade-ib standard of 15 mpg and improvement thresholdsx of 1 mpg and2 mpg.
Work which are more than 8,500 do not have mileage ratings, but 2001 vehiclees or older would be eligible fora $3,500 Though the credit would be considered cash from the buyer’w point of view, consumerss would not touch the money. Dealers would get an electronivc reimbursement from the government forthe credit, accordingh to information from Congress. Germany, France and the United Kingdom have fleetmodernization programs. Germany’s program boosted auto sales by 20 percent since itsFebruarh initiation, according to the . Any increasr in domestic salesis welcome.
Ricart said his dealership group, which sells six brands, five of which are foreign makes, expects to benefit acrosxs most ofthe nameplates. Foreign vehicles will do well, while Ford has made fuel-efficiency improvementzs that should attract customersas well, he “I don’t think you’ll see peoplw buying $35,000 cars, but you’ll see peopl who are looking for cars for everyday transport,” he said. Ricartr said the only concern for dealer s is how quickly the government would reimburse The supports theHouse program.
“A cash for clunkerds program gets gas-guzzlers off the road and replaces them with more fueleconomical vehicles,” Legislative Affairs Vice President David Regan said in a Trade-ins wouldn’t be resold, but instead sent to a salvaged operator to be scrapped. How that would be enforcedd has yet tobe determined. Regan, in an April question-and-answere session posted on the organization’s Web site, said the two key featurea for dealers are that vouchers must be treated like cash from customera to lower the amount and the program woulx have to include allcar makers, not foreigmn or domestic alone. “Dealers regardless of nameplateszare suffering,” he said.
Sunday, March 25, 2012
Iridium earnings fall 42%; revenue up - Business Courier of Cincinnati:
The Bethesda-based provider of satellite telephone which expects to become publicly traded this summer throughan acquisition, posted a 42 percent declin e in net income in the first quarter ended March 31, to $9.7 millionh from $16.7 million a year ago. Th compangy attributed the decline to costs related toits next-generatiomn satellite program. “Iridium continued to although the pace slowed given the currenteconomicc climate,” said CEO Matt Desch.
“In addition to the impac of phasing outequipment amortization, we believer the economic climate is affecting equipment as is the transition of newlyu introduced products into the distribution channel as our partner move existing inventory to make way for new product.” Compangy officials say either Bethesda-based Lockheed Martin or Thales Alenias Space will be selected as the program’sx lead contractor this summer. The program’s new networlk of satellites called Iridium NEXT is expectesd to be deployedin 2014. Iridium NEXT will provide higherdata speeds, greater bandwidth and the potentia to deliver new data servicezs and applications to customers.
The company says its EBITDA, or earningse before interest, taxes, depreciation and amortization, increased 4.9 percenf to $27.6 million in the first up from $26.3 million a year ago, though most analysts do not use that as a reliablefinancialk measure. Iridium’s revenue rose 2 percent to $75.8 milliohn for the quarter, compared to $74. million for the first quarter 2008. The slightlu higher revenue came from increasefd commercial services revenueof $36.88 million but was offset by a declin in subscriber equipment revenue to $20.54 million for the quarter. Iridium’s commercial marketsz include maritime, aviation and land mobile customers, which grew by 11.
5 percentr for the quarter. The company’s sales to governmen t customers, including the Department of grew31 percent. Despite a 31 percent increase in subscriberdsto 328,000, compared to 250,000 in the first quarter of 2008, a $2 million amortizatiom of equipment related to prior year equipmenf sales, added to the decline in subscribe equipment revenue. The companty is planning to go public this but it is not taking the initial publicofferin route. It is acquiringy a publicly tradedinvestment (NYX: GHQ), an affiliate of Greenhill & Co. Iridium has retained Deutsche Bank as its financial adviseer forthe transaction.
Friday, March 23, 2012
Occupy Movement Seeks Renewed Physical Presence - Voice of America
Occupy Movement Seeks Renewed Physical Presence Voice of America March 22, 2012 Occupy Movement Seeks Renewed Physical Presence Peter Fedynsky | New York The Occupy Wall Street movement is once again seeking a physical presence in New York City, following its dispersal by police from a lower Manhattan park in ... |
Tuesday, March 20, 2012
Puting Beliung Mengamuk, Rumah Tertimpa Pohon - Liputan6.com
Puting Beliung Mengamuk, Rumah Tertimpa Pohon Liputan6.com Sejumlah pohon tumbang, salah satunya menimpa rumah warga di Desa Girirejo, Kecamatan Imogiri. Regu penolong dari Badan Penanggulangan Bencana Daerah sempat kesulitan mengevakuasi karena pohon melintang di atap rumah. Setelah berjuang hampir dua jam, ... |
Sunday, March 18, 2012
UCSF Med School under fire from Sen. Grassley - St. Louis Business Journal:
The June 17 story, by Jamesd Oliphant ( ), said Grassley, the top Republican on the powerfulo SenateFinance Committee, has asked UCSF to supplty documents on federal funding over the last five including details of an external review by the KPMG accountingv firm. “If the financiap integrity of UCSF is Grassley said in a letter tothe university, according to the L.A. “I am worried that similar problemse regarding taxpayer dollars may also exist at othet campuses within theUC system, such as UC Berkeley, UCLA and UC Grassley’s comments come in during a continuing feud between UCSF and David Kessler, forme dean of its medical who earlier headed the U.S.
Food and Drug Administratiojn underPresident Clinton, over allegations involving the medical school’sa financial reporting. The Times reported that Kessler was fires inlate 2007, “after repeatedly complaining that he had been mislec about the school’s finances.” Kesslef has filed a whistleblower lawsuig against the and is seeking to get his job back, alonh with lost pay, benefits and damages, the Times reported. Grassley raised his concernxs in an April letter to UC President Mark according tothe Times.
UCSF was awardedc $444 million last year from the National Institutes of Health, with $383 million going to the medical school, which is also seekinb a big chunk of federal stimulus funding. University officialw have said Kessler was firexdfor performance-related reasons, Oliphant’s article notes, but they’r e treating him as a whistleblower. Kessler’ws lawsuit has been stayed pending the conclusion of anadministrative review, the Times report said.
In a commenrt provided Wednesday afternoon to the San FranciscoBusiness Times, UC reiteratedc that it has providedx information to Grassley’s office on the financialp issues in question and that Kessler’s allegations have been exhaustivelyu and repeatedly investigated at the University’s Those investigations “have found no evidencse whatsoever of any inaccuracy in the books and recordd of the ,” UC said in its written statement. UC officialws also noted that a review released in March 2008 bythe U.S.
Departmentr of Health and Human Office of the Inspector General found thatUCSF “hadx complied with all Federal regulations for claimingb reimbursement for administrative and clerical expenses” connecte to the NIH funding.
Friday, March 16, 2012
Ahead of pope trip, Vatican says US Cuba embargo useless - Reuters
MiamiHerald.com | Ahead of pope trip, Vatican says US Cuba embargo useless Reuters By Philip Pullella | VATICAN CITY (Reuters) - The Vatican on Friday condemned the US embargo against Cuba ahead of Pope Benedict's trip there next week and said the pontiff was willing to meet Fidel Castro. "The Holy See believes that the embargo is ... Pope ava ilable to meet with Fidel Castro in Cuba |
Wednesday, March 14, 2012
Orinda, Octagon plan loft/retail conversion - San Antonio Business Journal:
Atlanta-based and Charlotteville, Va.-based reported their plansx for the property at 222 Mitchell but they did not disclose financial termx ofthe deal. The 350,000-square-fooft structure was built in stages from 1929 to 1979on 2.1 acres and occupies the entire city bloc bounded by Spring, Forsyth, Mitchelo and Nelson Streets. Orinda and Octagob will convert the property into a rental buildintg with 205 loft units and morethan 70,000p square feet of commercial space. Occupancy is expectesd in January 2011.
“The redevelopment of 222 Mitchelpl Street into rental lofts and retail space will play a significant role in the rebirth of this part ofdowntowm Atlanta,” said Dillon Baynes, president of Orinda, in a “We’re certain that livinb at 222 Mitchell Street will appeaol to young professionals who work as well as to college students, especiallg those who already attend one of the many fine institutions in the such as Georgia State University, Spelman, Morehouse, Clark Atlant University and Georgia Tech.
”
Monday, March 12, 2012
Saturday, March 10, 2012
PR: Go on the offensive: Managing tough news in tough times - Puget Sound Business Journal (Seattle):
drops off Nasdaq. In a turbulentf economy, there is no shortage of bad news. Experts say that in a time like this, what may mattetr most is the way in which that bad news is How management deals withthe employees, clients and the community could impact how the business is viewedx for years to come. Business leaderes who hide in their bury facts and let the rumor mill control the storyu will be viewed with angerand distrust. But those who plan theidr messages carefully, and deliver it promptly and with candor to all relevant are more likely to be remembered as goodcorporats citizens.
“The spotlight will be on your saidDan Moran, a business consultant and president of Next-Act, an Albany career management firm. “You have one chance to get it right.” Many publiv relations professionals advise clients to have a crisisx communication plan in plac e atall times. This way, basic guidelines are in placee when any sort of bad from layoffs to achemical breaks. Additional preparation should take place once a bad newseventt occurs. The first step is to assesss the situation and thepossiblw fallout.
“I advise that you convene a group of saidPauline Bartel, president of Waterford-basedc “You need someone from top management, human resources, the PR team ... the objecgt is for everyone to put their cards on the face up, so you can identif any gaps in information.” Next, list every constituency, includinh clients, suppliers and the and craft a message for each. While these messages must be each audience hasdifferent needs.
Employeexs will want to know aboutttheir futures, while shareholderx will be interested in the impact on the bottom Clients will want to know if service will be It is also vital, PR experts say, to selecf just one person to speak for the “You don’t want 20 different versions of thingsz coming out so everyone looks like fools,” said Richarx Berman, president of of Chappaqua in Westchestee County. Once the situation is the constituents identified, the messages crafted, and the spokespersonm chosen, it is time to deliver the “It comes down to three phrases: Tell it all, tell it tell it yourself.” said Edward Parham, directo of public relations forin Colonie.
the news should be shared with all parties at the same In the age of textingand “news can travel at the speed of an electron,” said Mattheq Maguire, spokesman for in “You want to deliver your news before anyone else can.” Bartel suggest s giving “a few select a heads-up that news is “That way, the reporter has gotten the company line beford a disgruntled employee picks up the phone,” she When the news is delivered, it must be complete and with as many details as can be shared.
It is especially importan that the CEO or other designated spokesperson be availableand “There is no such thing as not takiny the call and having the paper the next day say you weren’tf available,” said Dean Rueckert, CEO of Rueckert “That is not acceptable. And a good answer is neved ‘no comment.’ Back it up with the reaso you can’t comment—confidentiality, legalities, what have you. You don’r want to look like you are dodging the questionm orhiding something.” This candor extends to employees.
Moran said that when he workws with companiesin bad-newes situations, he institutes a “no closed door for three days” rule on top
Thursday, March 8, 2012
UW researcher wins $3M federal grant - Pittsburgh Business Times:
The grant from the U.S. Department of Education'a Institute of Education Sciences will allow Heinricyh to employ academic staff and at leasy four graduate students each year to work on expandinvg the project oother cities. Heinrich will continue an evaluation of the tutorinyg programs MPS offers as part ofthe district's fulfillment of the federalo No Child Left Behind law. The law requires publid schools that have not adequately increased student academif achievement for three years to offerd childrenin low-income families the opportunit y to receive extra academic assistance such as tutoring.
Heinrich's initiapl research found that Milwaukee's federally mandated and funded tutoring program is not necessarily reaching the people who need themost help, nor is it effectivd in increasing student achievement. "Our preliminary results suggest that the studentsd in the tutoring programs are not performing any better on Wisconsin's standardized tests than eligible students not involve with the tutoring," Heinrich said. Heinrich and her co-workeres have been conducting the MPS study sinceApril 2006.
The next phase will involvee five urban school districtz infour states: Milwaukee, Minneapolis, Dallas and Austin,
Tuesday, March 6, 2012
New Book, âThe Smarter Science of Slimâ, Reveals a Scientifically Proven ... - EON: Enhanced Online News (press release)
New Book, âThe Smarter Science of Slimâ, Reveals a Scientifically Proven ... < /td>EON: Enhanced Online News (press release) Based on the evidence Bailor, a Seattle resident, found in more than 1100 academic and medical research studies, the new book reveals a scientifically proven lifestyle for long-term fat loss and health by eating more and exercising less â" but smarter. |
Sunday, March 4, 2012
Julie Taymor Claims Bono Is Partly To Blame For Spider-Man Mess - Cinema Blend
Cinema Blend | Julie Taymor Claims Bono Is Partly To Blame For Spider-Man Mess Cinema Blend Spider-Man: Turn Off The Dark might be fascinating Broadway fans with its crazy stunts, but the pending litigation surrounding the production is far more shocking. Original director Julie Taymor was booted after the budget soared and delays, ... |
Thursday, March 1, 2012
A good leader takes people where they have not been - Washington Business Journal:
Two nuggets of wisdomn jump out: First, a leader deals with Second, a leader takes those people to where they have not been Becoming a leader is an ongoing but ultimately leadership is about One of the key leadership lesson s I learned at the is thatyou can’t delegate accountability. You can delegate For example, you can hire a chief operating officer or a presidentr to lead your organizationfor you. you cannot delegate your accountabilith as a chief executive officer or You are 100 percent responsiblw for the state ofyour business. Don’t blams your challenges on the person in the White the state of the interest rates, your employeese or your competition.
If you make your self-analysis will be ineffective. far more than any othere resource, will determine the successe ofan enterprise. Whether you run a a church, a political party, a or a sports team, leadershipp is the heart and soul ofthe organization. We see example s all around us of organizations loaderd with talented people losing to organizationxs loaded withaverage people. In the 1980s, I playe football at the Naval and wewere terrible. In Paul Johnson was hired as head and he took the same kind ofplayers — smart overachievers — and turned Navy into a team that earned five straight bowl invitations.
In 2007, Navy beat a Notred Dame team of arguably the best colleger football players in the Notre Dame should never loseto Navy; this time it lost simply because Navy had a better leader. Everyy enterprise craves a strong leader with acleatr vision. Although there are many different styles and approachesto leadership, anyone can learn the basic s of effective leadership and develop better leadership I recommend emulating great leaders, eitherd by observing those you know or by readinfg biographies. I also suggest reading highly regarded leadershiplbooks (my favorites are books by John Maxwell).
Finally, sign up for leadershil courses or join CEO round Effective leaders reduce confusion and eliminate wastedx energy byproviding clarity. They motivate thei r team and rally their staff behincd a common goalor vision. They do that by communicatingtand influencing, not by exercising command and Know where your organizatiojn is going and communicate the benefit s of that vision to your employees. Set the focus of the organization. Establish strategies and Develop a simplebusinese plan. Define roles, responsibilities, standards and Implement a process to hold employees Remind your team why thebusiness exists.
It worksw to serve and satisfy customers, to improve the livesz of employees, to make a difference in the worl d and to earn a healthy profit that fuels growth and provides stabilityh duringmarket downturns. Set the example, which influences the feelinges and behaviorof employees. Leaders create the conditions for succese because they understand that their success is directly tied to the successa ofthe team. They must foster a partnershipp with their team members in pursuigt of acommon cause. Don’t just be anothed employee. An organization needs a leader, and it needsw that person to be boldand decisive, even with limitedf information. Build a strong, healthy team.
Promote teamworkl through incentives andclear expectations. Encourage experimentation and eliminatr the fear of making Make the company a fun placeto work. Provide the resourcesa and training to enable team membere to maximize their performance and accomplishtheird goals. Don’t micromanage. Allow employees to do what you hireed themto do. Encourage open communication and idea Solicitthe team’s input in the decision-making process and accept negative feedback. Be a Be a giver, not a taker. Be a caring, engaged leader of good character. Hire the right Don’t focus on the resume alone. Evaluate candidates for attituds and culture fitas well.
Move peoplw out who hurt team performance. Keep employeesw informed and help themface Don’t hide bad news, and make sure you spread the good news far and Monitor financial performance and take timely actionb when necessary.