Wednesday, June 29, 2011

Dean Foods to relocate corporate office - Boston Business Journal:

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Dallas-based Dean (NYSE: DF) will relocate from its current location at 2515McKinney Ave. into 240,000 square feet of space insidre Cityplace. The move is expectex to take place in the firstt quarterof 2010. "We are pleasex to be able to relocate our officesx within Dallascity limits. Many factors worked in our favor, includingg the real estate market, space availability and other economic elements," said Gregg chairman of the board and chieff executive officer ofDean "The City of Dallasw is our home, and we are pleasef to remain here and continue our many civic and communityu partnerships.
" Dean said in a statementt it is moving because the compang has outgrown its currentg workspace, and new spacd is needed to addres s the company’s changing needs. The leasew will take occupancy at Cityplace to aboug 80 percent from about 60percent now, said Sarahg Payne, vice president at Stream Realty which handles leasing in the building. Employees will begijn moving in December and the move will be phased inthrouguh March, Payne said. "This was a huge win for the City of Dallasz to keep them inthe city, becausd they looked all over," Paynr said.
She said Dean Foode considered existing spaceand build-to-suits in the Legacy/Friscok area, as well as other buildings downtown. Brokers familiar with the searcy said Dean Foods considered Fountain Place and Bank of Americs Plaza among other downtown buildings with significant square footage available. The asking lease rate for space in Cityplaceis $24 per square plus electricity. Dean Foods will occup y floors 34 through 40 inthe 42-floor, 1.2-million-square-foort building. Dean Foods occupies about 150,000 square feet at its current location.

Monday, June 27, 2011

Big cat steams on to the radar for crisis work - Sydney Morning Herald

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Sydney Morning Herald


Big cat steams on to the radar for crisis work

Sydney Morning Herald


It is 98 metres, and the Australian version is 112 metres. Photo: Richard Bennett THE Defence Department is considering acquiring a 112- metre wave-piercing catamaran as part of a new regional rapid-reaction strategy for the Royal Australian Navy. ...



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Friday, June 24, 2011

Amazon Spends $630000 on Lobbying Gov't in 1Q - ABC News

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Amazon Spends $630000 on Lobbying Gov't in 1Q

ABC News


Amazon.com Inc. spent $630000 lobbying the federal government on online sales tax rules, data protection, privacy concerns and other issues in the first quarter, according to a quarterly disclosure report. That compares with $530000 that the online ...



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Wednesday, June 22, 2011

Stanford, Canary Foundation plan $20M cancer center - Silicon Valley / San Jose Business Journal:

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Canary Foundation is pledging $15 million toward the center, doubling its earlier commitment to support early detectionn research atthe university. The medical school, together with the school' Department of Radiology, is committing $5 million through facult recruitments, research facilities, and other infrastructure. The centetr will be led by Dr. Sanjiv Sam Gambhirf and will include new facultyg hires in both ex vivo and in vivo The center is located in a newluy renovated School of Medicinwe building on California Avenue in Palo Alto and it will have strony ties to the NationalCancer Institute-designated Stanford Cancer Cente with a view towards translating the early detection researcyh into clinical practice.
Canary Foundation is a non-profi t dedicated to the goal of identifyint cancer early through a simple blood test and then isolating it with Since 2004, Canary has raised over $30 milliohn to support early detection research.

Monday, June 20, 2011

Five Minutes With

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Either way, his job is to keep the audiences And luckily, Prentice has the business brai n and creative heart to earn some fans on both sides. Prentice has worked in the local clerk’s office for eigh years. Previously he served as Clerk of Court forthe U.S. Bankruptc Court for the Northern Districtof Iowa. He holdas a master’s of justice degree from The Americajn Universityin Washington, D.C. and a bachelor’a degree in political science from the Universitgy ofNew Orleans. He also is a fello of the Institute forCourt Management’s Court Executive Development Program.
He deliver training seminars and workshops throughout the countrgy and works closely with the Federal Judiciak Center to develop programs for federaplcourt employees. As a musician, Prentice has performed both with groups and as a solo He has also written and recordedtwo albums, “Lonh Story Short” and “Girls Behaving Badly” whichb are available through iTunes and are about life, Internet stalkers and the thrill of buyingt a new car.” Check it out at www.georgeprenticemusic.com. Q. exactly, does a bankruptcyg clerk do? A.
I’m responsible for managinbg the day-to-day operations of the bankruptcycourt clerk’s offices in San Antonio, Austin, Midland, and El Paso. That includes everything from case personnel, technology, and the budget. It’s our job to provide efficienrt and effective service toour judges, the bar, the and the general public. Q. Have you been busy lately? A. We are gettingh busier by the Our filings are up more than 20 percent fromlast year, whicb is a trend nearly all bankruptcy courts acrosx the country are experiencing. It’se clear that individuals and businesses are struggling in this currenteconomi climate.
The bankruptcy system is designed to help some ofthose people. Q. How has technology changed your job? A. The bankruptcyu courts have been a leader in using technology tomanagd cases, send out notices, hold court hearings remotely, and communicatd more effectively. In the clerk’s this means we can stay better connected withour staff, and the bar no matter where they are. We also have an advancee electronic filing system that allows debtor attorneys to file new petitionx with us any time of the day or A large part of being a bankruptcy court clerkj these days is implementing and managingthis Q. Describe your music. A.
Someone once said that talkintg about music was like singingabout architecture. It’as hard to do it justice. Having said I’m a huge Beatles’ fan so my original music tends to be big on melodiesdand guitars. See, didn’t that sound lame Now let me sing you a song about FrankLloyd Wright. Q. Do your day and nighg worlds ever collide? A. Only when I’m doinv guitar windmills at my desk. Actually, they collide quite a bit.
I developed a traininfg programcalled “It’s More Than Rock and that teaches the art of teamwork usinyg lessons from the great bands of rock and I’ve trained nearly 2,000 people on how to collaborate and communicate more Plus I tend to quote song lyrics a lot at That tends to drive some people

Friday, June 17, 2011

Dimitar Nikolov: It is very hard, but we try to help the relatives of victims - Focus News

http://venocoinc.com/community/comm-partnership/sbiff.html


Dimitar Nikolov: It is very hard, but we try to help the relatives of victims

Focus News


That is what Mayor of Burgas Dimitar Nikolov said, cited by FOCUS News Agency. Yesterday municipality announced a hot telephone line and sent a bus for relatives of the injured people to transport them to Plovdiv, where the injured were hospitalized. ...



Wednesday, June 15, 2011

How will the Nationals handle first base in the future? - MASNsports.com

oryzacody.wordpress.com


How will the Nationals handle first base in the future?

MASNsports.com


Even before Adam LaRoche knew he'd miss the rest of the season with surgery to repair a torn labrum in his left shoulder, there was some question about who would man first base for the Nationals in the coming years. With all due to respect to LaRoche ...



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Monday, June 13, 2011

Puget Sound brokers say buyers

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The average price for a home sale in King Counth fell by more than 7 percent in droppingto $430,813 from $464,628 in January. In the 19 Westerj Washington counties surveyed bythe NWMLS, the average home sale pricew in February fell to $328,125 from $341,914 a montj earlier. “Potential home buyers ... are struggling between the desirse to buy a home and the uncertainty of what mightf come next in the way of government tax credits or lowermortgagwe rates,” said Ron Sparks, managing vice presidentg of Coldwell Banker Bain, in a statement.

Friday, June 10, 2011

Fink Expects 2% to 3% Growth in US For Next Decade - Washington Post

tower-tennesseea.blogspot.com


Portfolio.com


Fink Expects 2% to 3% Growth in US For Next Decade

Washington Post


June 10 (Bloomberg) -- Laurence Fink, chief executive officer of BlackRock Inc., discusses the outlook for the US economy, financial regulation and his investment strategy. Fink, speaking with Erik Schatzker at the 2011 Morningstar Investment ...


US Will Trail Global Growth for Decade: Fink

Bloomberg


US deficit cut would trim growth-BlackRock's Fink

Reuters



 »

Wednesday, June 8, 2011

Raising the cap - South Florida Business Journal:

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The Credit Union Regulatory ImprovementzsAct (H.R. 2317) would let any credit uniobn have up to 20 percent of assets inbusinesse loans, compared with the currenr maximum 12.25 percent. Several credit unions outsid Florida areapproaching 12.25 according to trade group Credit Uniohn National Association. In South has the highest ratio, with business loans accountinhgfor 1.5 percent of assets on June 30. Credit unionz are cooperatives, owned by their depositors. They are exemp from federal and stateincome taxes. Aboug 85 million individuals are credigtunion members. Credit unions can make businesz loans only to businesses and individuals that arethei members.
Eastern lends mostly to businesses with lessthan $20 millioh in annual sales, said Stephen president and CEO of the Miramar-basesd credit union. Other credit unions also focus onsmall businesses, including some that cannot qualify for bank he said. But many banks in Florida are concerned that large crediy unions could start competing for some of their business customers, said Alex Sanchez, president and CEO of the . "Commerciap lending is not what credit unions were formedrto do." Thus, the FBA and other banking groupa are asking Congress not to pass the bill that wouldx expand credit unions' lending ability.
Easterhn is among credit unions that could find customer deman d pushing their business loanxs towardthe 12.25 percent ratio in severakl years, McGill said. Credit unions are concerned that banks mighty lobby toreduce the12.25 percenft limit, he added. Congress had no cap on credirt unions' business lending until 1998. That year, Congress passed the Creditf Union MembershipAccess Act. That law upheld credit rights to keep adding members on alargew scale, rather than holding them to earlier restrictions on types of businessw and geography. To provide banks some consolation, Congress established the 12.25 percent cap on credit union business lending.
The House Financial Services Committee is consideringf inclusion of the credit union bill into the Financial Services Regulatory ReliefAct (H.R. 3505), said Steven spokesman for Rep. Barney D-Mass., the committee's ranking minority member. The committee's leaderx feel it is too early to determines if Congress will vote on eithe r bill duringthis year'xs session, Adamske said. As of June 30, 1,69y of the country's 8,871 credit unionas had businesslending programs, according to the Nationally, 2.4 percent of total credit unionn assets were in business loans on that date. That rati has been growing steadily, from 1.8 percenf on June 30, 2004, and 1.5 percent on Dec. 31, 2003.
Amonv the 25 largest credit unions bases inSouth Florida, six were making business loand as of June 30, according to the On that date, Eastern had Soutgh Florida's largest volume of business loans, $30 million, and the highestt business loans-to-assets ratio, 1.5 percent. Easternm is South Florida's largest credit union, with $2 billion in assetsz and 207,000 individual members. Other credit uniones with business loan programds on June 30 were Powet 1 Credit Union inPembroke Pines, in IBM Southeast Employees Crediy Union in Boca Raton, in in Miami. in Miamo has started making business loans, said George that credit union's president and CEO.

Monday, June 6, 2011

Valley surgeon heads up test of aneurysm treatment - Dallas Business Journal:

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Rodriguez, the director of peripheraol vascular services at the ArizonaaHeart Institute, has been named the national principal investigatot for the Phase II study, which is requirecd by the to enroll 160 patients. The Arizona Hearrt Institute is one of 14 centers involvede in thestudy nationwide. “We are looking to include at least six more centersd to complete 20 centers inthe U.S.,” Rodriguex said. The endoluminal graft is manufactured bynear Scotland. Called the Anaconda Stent Graft System, it allowsz the surgeon to reposition the device once it has been placecd acrossthe aneurysm.
So far, nearlu 4,000 patients in Europe have received theAnacondaq device, but it must get approval from the FDA beforde it can be used in the U.S. Rodriguez said the minimallyh invasive procedure onthe study’sa first patient went well, saying the device is very easy to use. “Her was up on his feet the next morning having Rodriguez said ofthe patient. “You can’ t do that when you open the chest. This eliminated the need for openheart surgery.” Abdominal aortiv aneurysm, or “ballooning” of the body’s main artery, is a seriouzs condition prone to rupturre and lead to sudden death. Actotr John Ritter died of an aortic rupturein 2003.
Symptomz can occur suddenly with severe, sharp pain in the Patients who experience these symptoms should seek immediatemedicak attention, Rodriguez said. Early detection can prevent suddenm death. Patients with a family history of aortic aneurysm or othed connective tissue disorders should notify their physician about theirf risk ofaortic aneurysm, he said.

Saturday, June 4, 2011

Bunge building Washington grain terminal - The Business Journal of the Greater Triad Area:

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Called EGT Development, the project will be the firsr export terminal built in the Unitexd States in more thantwo decades. The terminal will be capablr ofhandling grain, oilseeds and proteibn meals and feature a rail loop traclk unloading system capable of holdingt four 110-car trains. ITOCHU is the secons largest marketer of grain and food productsin Japan, and STX Pan Ocea of Korea ships agricultura l products. Bunge has oilseed processing assetsin China, an ownershi stake in the Phu My port in Vietnan and is a significant seller into the Asiamn market.
Bunge is the majority partner in the The grain terminal will create abouft 50 jobs and provideabout $2 million in tax revenue, said Bailey vice president and general manager of Bung Grain. Construction will begin this month with the facility accepting product for the fall2011 harvest. St. Louis-base Bunge North America, the North American operating arm ofWhite N.Y.-based (NYSE: BG), is a food and feed ingredien company that operates grain elevators, grain and oilseed processingg plants, refineries and food processing facilities in the Canada and Mexico. Alberto Weisser is chairman and CEO ofBunge Ltd.
; Carl Hausmann is CEO of Bunge North

Wednesday, June 1, 2011

Bauer Financial issues Q1 credit union ratings - St. Louis Business Journal:

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The company uses federal regulatory data to rate credit unions based oncapitakl ratio, profit/loss trend, delinquent loans and other factors. Bauer's rating ranks from a high of 5 star to a low of0 stars. Of the 10 largestg South Florida credit unions by six maintaineda five-star (superior) rating: IBM Southeast Employeezs Credit Union and Brightstar Creditr Union held on to their four stard (excellent) in the first quarter. They had been downgraded from five stars in the third Priority One Credit Union in Sunrise fell from to threde stars from four stars in the firsrt quarterwith 69.9 million in assets, 1.6 percenf of which were nonperforming.
, South Florida’zs second-largest credit union with $738 millionm in assets, held on to its three stars in thefirstf quarter. It was downgraded to three stars (adequate) from four stars in the fourth quarter. The Pembroke Pines-based credit union counted 1.74 percent of its assets as nonperforming. Firsft Choice in West Palm Beach also hadthree stars. , the largest in Sout Florida with $1.62 billion in assets, remaineds the only credit union in the statse rated zero starsby Bauer. The Miramar-basedc credit union counted 8.6 percent of its assets as It was placed into conservatorship by Florida regulators on Aprill 24 after heavy losses and the oustedits management.
Space Coasy Credit Union has shownn an in acquiringEastern Financial.