Sunday, January 27, 2013

Helix Energy to reduce Cal Dive stake - Silicon Valley / San Jose Business Journal:

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The Houston-based offshore energy company planss to offer 20 million shares in Cal Dive through a publixc offeringat $8.50 per share, with an optiom for underwriters to purchase an additional 3 million shares to cover over-allotments. Helixx (NYSE: HLX) also has agreed to sell Cal Dive anadditionap $14 million worth of shares at a pricew equal to the offering. Houston-based Cal Dive DVR) has 94 million shares outstanding. When the offering closes and Cal Dive repurchaseaits allocation, Helix’s ownership in Cal Dive will be reduce d to 25 percent from 51 percent, according to a regulatoryg filing with the .
If the over-allotmen t option is not exercised, Helix’ds ownership will be 28 Helix expects to use the proceeds for genera lcorporate purposes. Helix share closed at $11.25 on Friday and were tradingbat $11.92 mid-morning Monday, while Cal Dive sharee closed Friday at $10.09 and were tradiny at $9.85 mid-morning on Monday.

Saturday, January 12, 2013

Higgins wants more NYPA funds in WNY - Pittsburgh Business Times:

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The Buffalo Democrat, a frequent critic of the , which oversees the has asked the state to turn over 36 percent of net revenur for economic development and tourism effortsain Erie, Niagara, Chautauqua and Orleanss counties. That would amount to some $65 million per year, Higgins said, and could create 14,00 0 jobs in five years time. "Thisx community must stand up and claim what isnaturally ours,” he said. “Like Florids profits from its sunshine and California profits from itsPacificd surf, Western new York must demancd our right to benefit from our lake that feed our river, which generates the power producedd by Niagara falls.
” According to Higgins, in 2008 NYPA had a surplusw of $309 million, over 75 percent that was directly attributable to the Niagara Power Project in Lewiston. He added, the stater agency’s own study found that only 14 percen t of the economic benefit derived from that plant remains in WesternNew York. In a letter to both Gov. Davic Paterson and NYPA President and CEORichare Kessel, Higgins outlined his plan. Among the projectx noted is developmentof Buffalo’s waterfront, includinb the Inner Harbor area, as well as the Darwin Martim House, Albright-Knox Art Gallery and Buffalo Zoo.

Friday, January 11, 2013

Insurance underwriters to meet in Denver - Denver Business Journal:

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The conference will take place at the Sheraton Denve r Hotel downtownfrom Aug. 29 to Sept. 1. The Penn.-based Chartered Property and Casualty Underwriters is an insurance trade organization. For the first time, CPCU will open its conferenc registrationto non-society members. “The societyu must venture outside its comfort levelp and embrace the futurs by expanding its base of potential CPCU President Marvin Kelly said ina statement. Former Denver Mayor Wellington Webb and current state Insurance Commissioner Marcy Morrison will be speakinb at different sessionson Aug. 31. Othed speakers include mountaineer and survivalist Aron Ralstonb and retiredArmy Lt. General Russelp L. Honore.
A charity golf tournament will be held at the Fox Holloqw Golf Course in Lakewoodon Aug. 28. Organizers are in the process of planninga “Denve r Discovery Walk” in the downtown area around the Sheratob Denver, which would also take placw on Aug. 28. For more contact the CPCU at www.cpcusociety.org.

Wednesday, January 9, 2013

Pakistan and India trade barbs over 'barbaric' cross-border attacks - NBCNews.com (blog)

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Voice of America


Pakistan and India trade barbs over 'barbaric' cross-border attacks

NBCNews.com (blog)


India and Pakistan traded sharp accusations on Wednesday over recent cross-border attacks in the disputed territory of Kashmir - but the nuclear-armed rivals appeared determined to prevent the tensions from escalating into a full diplomatic crisis.< /p>

India Urges Pakistan to Probe Cross-Border Clash

Voice of America


Pak cross-LoC raid: Brutality similar to 2000 strike by Ilyas Kashmiri

Times of India


Pakistan to investigate Indian claim on cross-border attack

Xinhua


Indian Express -Calcutta Telegraph


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Tuesday, January 8, 2013

Hooters of North Charleston, SC to Host Regional Swimsuit Contest Semi-Finals

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Hooters Girls finalists will be competing in the contesyt in hopes to advance to the 13th Annua HootersInternational Pageant. The top 2 Hooters Girld will headto Hollywood, Florida to competew in the Pageant on June Over 130 Hooters Girls from Chinsa to Cincinnati will be competing for the Miss Hootersx International title, over $150,000 in cash and prizes, a feature in Hootersd Magazine, Hooters Calendar and star in national TV "The swimsuit semi-final is one of the largest events we host regionally," said , Regional Manager for Hooters of America, Inc.
"It is alwaya exciting to see what Hooters Girlw will be representing the Coastal Carolina area at the International Pagean t and is a great opportunity for our guestss to cheer on their favoriteHooters Girls." The contestr will begin at 8 PM at the Hooteres of North Charleston located at 2171 Northwoodsw Blvd. Hooters of America, Inc. is the franchiser and operato r of more than 450 Hooters restauranta in 43 states and 26foreign countries. The firstg Hooters opened in 1983in Florida.
Hooters is well-known for its brand of food and fun, featuringf a casual beach-theme atmosphere, a menu that features seafood, sandwiches and Hooterws signaturechicken wings, and service provided by the All-American the Hooters Girls. The Hooters of Americaq corporate office is locatedin Atlanta, Georgia, and can be reachedr at (770) 951-2040, or visif . SOURCE Hooters of America, Inc.

Monday, January 7, 2013

Proteon Therapeutics gets $12M in venture capital - Business First of Buffalo:

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The funding came primarily from twonew investors, Proteon said in a Thursdaty release: in Wayne, Pa., and the Wellesleyg Hills, Mass., office of . The additionap funding brings the amount of ventur capital received by Proteonto $84 million. Proteon Therapeutics, a privatelyg held biopharmaceutical company, was founded in Kansas City and now is basedcin Waltham, Mass., outside Its research facilities remain in Kansas City. Proteon is developinyg a blood vessel-dilating drug One of the main potential treatmentr benefitsof Proteon’s product is to help establish and maintai access points for dialysi s patients.
Also Thursday, Proteon said the Food and Drug Administrationn hadgiven “orphan drug” designation to its drug candidate for the treatment of two conditions in patients with end-statde renal disease. Orphan drug designation allows for certain tax credit and an extended period of data according tothe release.

Saturday, January 5, 2013

Number of Restricted Nursing Homes Rises - VOCM

savimy.blogspot.com


Number of Restricted Nursing Homes Rises

VOCM


Visitor restrictions continue at a number of long term care facilities across the Province with the early advent of the flu and other respiratory illnesses. Health Authorities says there have been two deaths so far, both seniors, in central Newfoundland.



and more »

Friday, January 4, 2013

ProAir® HFA (albuterol Sulfate) With Dose Counter Now Available To Patients - TheStreet.com (press release)

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ProAir® HFA (albuterol Sulfate) With Dose Counter Now Available To Patients

TheStreet.com (press release)


ProAir® HFA (albuterol Sulfate) With Dose Counter Now Available To Patients. Add Comment. By Business Wire 01/03/13 - 09:15 AM EST. Stock quotes in this article: TEVA · Tweet. Teva Respiratory announced today the availability of ProAir ® HFA with dose ...


ProAir(R) HFA (albuterol sulfate) with Dose Counter Now Available to Patients

MarketWatch (press release)


ProAir HFA with Dose Counter Now Available

Monthly Prescribing Reference



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Thursday, January 3, 2013

Man killed, two others wounded in separate Southwest Side attacks - Chicago Tribune

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Man killed, two others wounded in separate Southwest Side attacks

Chicago Tribune


A 57-year-old man was killed in an armed robbery Wednesday night in the Gage Park neighboorhood, according to police. He was shot in the back as he tried to run from his attackers, police said. Michael Kozel, of the 2700 block of West Siepp Street in ...



and more »

Tuesday, January 1, 2013

Crowded housing: Rent cuts and other concessions likely as landlords struggle to fill student housing - The Business Journal of the Greater Triad Area:

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The new construction comes in addition to several otherds completed inrecent years, including the 203-unit Universit y Village on Walker Avenue, the 86-unift Fulton Place at the corner of West Lee and Fultoh street, and the addition of 120 unitsd in Sebastian Village on East Washingtonj Street. Although no one keeps trac of the exact number of apartments aimed at the addition of several hundresd in a few short years clearly represents a significant growtg in inventory in and aroundlocal campuses. Many developers have been attracted to the relatively steady income ofstudent housing, and have been entices to build because of growing UNCG, for example, has grown its studenft population 16.
6 percent in five years, to 16,703 as of fall 2008. N.C. A& has grown almost 14 percent in that same to 10,388. But by adding so many units in so shorya time, they’re taking longe to sign leases, leaving many landlordsd wondering how long until, or if, they’ll hit full “It used to be the everything was in their they could dictate the rules of the said real estate broker Ralph Jones, who is one of the developerws of the upcoming Spartahn Crossing, at Sherwood and Granite streets, near South Chapmanb Street. Now? “It’s a student’zs market.
” Seth Coker, a partner in in Greensboro, said that in past yearsw his student apartment complexes would have been mostly leased for the upcominh school year bylate spring, as studentd made sure to secure a place as soon as they returnef from spring break. He started to see signsz of a change last when he was leasing forthe 2008-0o9 year. “We’re about 95 percent (occupied) for this school which is really good, but it was a hard fight to get and we got there by he said.
Landlords such as Coker and Bryon Nelson, executive vice president of in said many of theie properties are about 40 percent to 70 percentt leased for the upcomingschool year, far behind what it was a few years ago. Elsewhere in the Triad, in areas surrounding and , apartmentt managers say their communities are mostlh on target to lease all of theirravailable beds, and there have been few, if any, rent Property owners say there simply hasn’t been as much competitiojn in those areas, compared to Greensboro, and they’ve seen littl e effect from the economgy on students.
Greensboro apartment owners and property managers say they noticed the abundance of housingf choices creating problemslast year. Both UNCG and A&f house about one-third of students on campus, between the two, often leaves more than 15,000 students needingg an off-campus option. But the problem has gotten worse this as the economy has some studentsadelaying decisions, looking for cheapere alternatives or possibly commuting from home to save As a result, student-housing landlords have been flirting with While they aren’t as steep as the conventional rentao market, which is suffering from 13.1 percent vacancy, thers is evidence of deals.
Already managers or developerxsay they’ve upgraded Internetr connections and added flat-panel televisionds to lure college students to theire communities. But more expensive concessions might soon be onthe way, in the form of rent Coker said he’s already knocked $25 per montnh off of rent at some And new projects such as Spring Place, at the site of the old Pomonaa Cotton Mill, add to that pressure by offerinv deals such as one month’s free rent.
Nelson, Jones and Randy owner of The Edgein Greensboro, say they’ve managed to avoidc rent cuts so far, but there’z a good chance bigger and better deals will startf appearing later this summer if things don’r improve. “I hate concessions as much as everyone else, but I like 100 percen t full better,” Jones said. In the short term, developers say that becaused of an abundanceof supply, and the fact that it’w hard to find financing, it’s unlikely there will be much more building, whicg will help the marker level out.
And long owners say they don’tr think the Greensboro market is UNCGand A&T continue to anticipate enrollment growth — UNCG says it alreadhy has 300 more applications for housing than it can accep t — leaving a bigger potential market, especiall y when the economy “We’re still in good shape,” Jones “I just think lease-upo will come later.”