Globe and Mail | Proxy firms offer opposing advice on Magna's Stronach Reuters Glass Lewis says withhold Stronach vote, ISS says vote in favor * Glass Lewis cites attendance, property deals TORONTO, April 25 (Reuters) - Two prominent proxy advisory firms have opposing advice for Magna International Inc shareholders who will ... Bus iness briefs |
Wednesday, April 25, 2012
Proxy firms offer opposing advice on Magna's Stronach - Reuters
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Monday, April 23, 2012
Meet North Potomac's Mrs. Ground, Teacher of the Year Nominee - Patch.com
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Meet North Potomac's Mrs. Ground, Teacher of the Year Nominee Patch.com Christie Ground, 30, of North Potomac, was among three finalists for Teacher of the Year, an honor bestowed by the Marian Greenblatt Education Fund, in collaboration with Montgomery County Business Roundtable for Education and Montgomery County Public ... |
Sunday, April 22, 2012
Local, statewide GOP runoff elections Tuesday - Opelika Auburn News
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WALA-TV FOX10 | Local, statewide GOP runoff elections Tuesday Opelika Auburn News Local voters will help choose a GOP candidate for Alabama Public Service Commission president and determine the District 5 representative on the Lee County Board of Education during a Republican Primary Runoff on Tuesday. The runoffs are necessary ... Tiny turnout predicted at polls for PSC runoff Low turnout expected in PSC runoff |
Friday, April 20, 2012
Lawmakers looking to create stiffer penalties for pet thieves - WKTV
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Lawmakers looking to create stiffer penalties for pet thieves WKTV By LEXIE O'CONNOR New York lawmakers are now considering a bill that would send someone convicted of stealing a pet to prison for up to four years for felony grand larceny. The State Senate passed the bill overwhelmingly Wednesday, and now it moves on ... |
Wednesday, April 18, 2012
IAOP Expands Outsourcing Professional Certification Training Globally - MarketWatch (press release)
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IAOP Expands Outsourcing Professional Certification Training Globally MarketWatch (press release) POUGHKEEPSIE, NY, Apr 18, 2012 (MARKETWIRE via COMTEX) -- With the outsourcing industry continuing to experience 10 percent growth, the need for outsourcing professionals to stay up to date on the latest trends and standards is more pertinent than ever ... |
Monday, April 16, 2012
Health Care Property Investors completes CNL Retirement buy - Orlando Business Journal:
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billion, a figure deal-makers have said markd the largest sale of a Centrak Florida company inthe region'xs history. Orlando-headquartered CNL Retirement was a real estate investmenr trust with investments mainly in independent assisted living and continuing careretirement communities, medical office buildings and other medicalp real estate. As of June 30, CNL Retirement ownef a portfolio of 273 properties in 33statexs (excluding properties held for With $11.5 billion in aggregate value now that the deal is Long Beach, Calif.-based Health Care Property Investorsz (NYSE: HCP) will includwe nearly 800 properties in 44 operated by companies such as Sunrise Senior Living Serviceds Inc.
, American Retirement Corp., HCA Horizon Bay, Erickson Retirement Communities LLC and Encore Seniotr Living, as well as commercial medicalk developers such as The Cirrus Groul and The Dasco Cos. LLC. The company plansx to establish an East Coast officin Orlando. Under the deal's terma and based on the price of HCP stockl at the close of themarket Oct. 4, HCP will pay CNL Retiremen shareholdersabout $13.85 per share, consistinfg of about 80 percent cash and 20 percenrt stock. CNL Retirement shareholdersa will getabout $11.13 cash and .0865 sharee of HCP common stock (valued at $2.72) for ever y share of CNL Retirement stock. At the time of the CNL Retirement hadaboug 264.
2 million shares outstanding. The deal includes the assumption or refinancing ofabout $1.7 billion of CNL Retirement's outstanding "This is a tremendous transaction for our shareholders and for HCP's shareholders," says CNL Retirement founder and Chairmann James M. Seneff Jr. in a HCP also bought , the external adviser to CNL for 4,378,918 shares of HCP commonb stock, sold as the result of a separatwe process. CNL Retirement's board of directors and a special committee of independent directors of the board unanimously approvedethe transaction, and shareholders agreef with the deal Sept. 26.
actexd as financial adviser to CNLRetiremenr Properties, and served as legalp counsel. acted as financiall adviser, and acted as legal adviser to thespecial
billion, a figure deal-makers have said markd the largest sale of a Centrak Florida company inthe region'xs history. Orlando-headquartered CNL Retirement was a real estate investmenr trust with investments mainly in independent assisted living and continuing careretirement communities, medical office buildings and other medicalp real estate. As of June 30, CNL Retirement ownef a portfolio of 273 properties in 33statexs (excluding properties held for With $11.5 billion in aggregate value now that the deal is Long Beach, Calif.-based Health Care Property Investorsz (NYSE: HCP) will includwe nearly 800 properties in 44 operated by companies such as Sunrise Senior Living Serviceds Inc.
, American Retirement Corp., HCA Horizon Bay, Erickson Retirement Communities LLC and Encore Seniotr Living, as well as commercial medicalk developers such as The Cirrus Groul and The Dasco Cos. LLC. The company plansx to establish an East Coast officin Orlando. Under the deal's terma and based on the price of HCP stockl at the close of themarket Oct. 4, HCP will pay CNL Retiremen shareholdersabout $13.85 per share, consistinfg of about 80 percent cash and 20 percenrt stock. CNL Retirement shareholdersa will getabout $11.13 cash and .0865 sharee of HCP common stock (valued at $2.72) for ever y share of CNL Retirement stock. At the time of the CNL Retirement hadaboug 264.
2 million shares outstanding. The deal includes the assumption or refinancing ofabout $1.7 billion of CNL Retirement's outstanding "This is a tremendous transaction for our shareholders and for HCP's shareholders," says CNL Retirement founder and Chairmann James M. Seneff Jr. in a HCP also bought , the external adviser to CNL for 4,378,918 shares of HCP commonb stock, sold as the result of a separatwe process. CNL Retirement's board of directors and a special committee of independent directors of the board unanimously approvedethe transaction, and shareholders agreef with the deal Sept. 26.
actexd as financial adviser to CNLRetiremenr Properties, and served as legalp counsel. acted as financiall adviser, and acted as legal adviser to thespecial
Sunday, April 15, 2012
Dish Network hit with contempt ruling in patent case - Denver Business Journal:
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The decision by the U.S. District Court for East Texasz is a potentially costly lossfor Englewood-based Dish Network DISH) in its five-year-old battlwe over whether some of its DVR technologuy violates TiVo patents. . Dish Networmk issued a statement Tuesday saying it will appeak the contempt verdict and seek a stay onthe verdict’s requirementr that Dish start disabling featureds in many of its DVRs withij 30 days. “We believe a stay is warrantexd and that we have strong groundsfor appeal. Our engineere spent close to a year designingarounf Tivo’s patent and removed the very features that Tivo said infringe at trial.
Existing Dish Network customers with DVRs are not immediately impacted by theserecent developments,” the company’s writteh statement said. Dish Network has 13.6 millioj subscribers. A jury found in 2007 that DVR software in DishNetworko set-top boxes violated patents of Alviso, Calif.-based TiVo covering DVR playbacok features, like the ability to pause and rewinsd live programming while the DVR continues to Dish Network reprogrammed millions of its DVRs after the 2007 verdict with a it said removed any infringing But TiVo claimed Dish Network’as software “workaround” continued the old patent violationj and sought the contempt verdict from the Texas Losing the contempt battle has been noted by Dish Networok as a risk factor for the company, one that coulr put it at a competitive disadvantage by limitin the capabilities DVRs.
It proved costlyt in other ways, too. The contempt ordefr upped the financial penalty to Dish Networokby $103 million. The contempt order listecd total damages and interest award due to TiVoat $192.76 million. Dish Network has paid nearly $105 milliomn of the damages and interest from the initiap infringement judgement and hasanothed $27 million in escrow for according to Securities & Exchange Commissioh filings. Dish Network used to be part ofEchoStafr Communications. It split into two companies at the start of 2008, Dish Network and EchoStafr corporations. makes set-top boxes and related technologie and Dish network is itsprimary customer.
TiVo issue a statement Tuesday praising thecontempt ruling. “EchoStard may attempt to further delaythis case, but we are very pleasedx the court has made it clear that there are majoer ramifications for continued infringement,” TiVo’s press release
The decision by the U.S. District Court for East Texasz is a potentially costly lossfor Englewood-based Dish Network DISH) in its five-year-old battlwe over whether some of its DVR technologuy violates TiVo patents. . Dish Networmk issued a statement Tuesday saying it will appeak the contempt verdict and seek a stay onthe verdict’s requirementr that Dish start disabling featureds in many of its DVRs withij 30 days. “We believe a stay is warrantexd and that we have strong groundsfor appeal. Our engineere spent close to a year designingarounf Tivo’s patent and removed the very features that Tivo said infringe at trial.
Existing Dish Network customers with DVRs are not immediately impacted by theserecent developments,” the company’s writteh statement said. Dish Network has 13.6 millioj subscribers. A jury found in 2007 that DVR software in DishNetworko set-top boxes violated patents of Alviso, Calif.-based TiVo covering DVR playbacok features, like the ability to pause and rewinsd live programming while the DVR continues to Dish Network reprogrammed millions of its DVRs after the 2007 verdict with a it said removed any infringing But TiVo claimed Dish Network’as software “workaround” continued the old patent violationj and sought the contempt verdict from the Texas Losing the contempt battle has been noted by Dish Networok as a risk factor for the company, one that coulr put it at a competitive disadvantage by limitin the capabilities DVRs.
It proved costlyt in other ways, too. The contempt ordefr upped the financial penalty to Dish Networokby $103 million. The contempt order listecd total damages and interest award due to TiVoat $192.76 million. Dish Network has paid nearly $105 milliomn of the damages and interest from the initiap infringement judgement and hasanothed $27 million in escrow for according to Securities & Exchange Commissioh filings. Dish Network used to be part ofEchoStafr Communications. It split into two companies at the start of 2008, Dish Network and EchoStafr corporations. makes set-top boxes and related technologie and Dish network is itsprimary customer.
TiVo issue a statement Tuesday praising thecontempt ruling. “EchoStard may attempt to further delaythis case, but we are very pleasedx the court has made it clear that there are majoer ramifications for continued infringement,” TiVo’s press release
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