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The federal government plans to invesrt anadditional $30.1 billion in the Detroit-based company (NYSE: GM), whichh filed for . This means the government will own 60 percent of the compangy once it emergesfrom bankruptcy, Obama “This may give some Americans pause,” he said, but it was a bette alternative than making more loans to a companyt that has been “buried under a mountain of for years. The president said he has “np interest” in running GM. “The federak government will refrain from exercising its rightsx as a shareholder in all but the most fundamentaplcorporate decisions,” Obama said.
“When a difficult decision has to be made on mattera like where to open a new plant or what type of new car to thenew GM, not the United States government, will make that “In short, our goal is to get GM back on its take a hands-off approach and get out quickly.” The hopee that will be the case, but it plans to “carefullh monitor” the decisions made by GM and which is emerging from its government-guided bankruptcy reorganization. “Wre will expose and fight any counterproductive influence by unions or politicians over decisions that should be leftto management,” chamberd CEO Tom Donohue said.
“And we will continually insisr that government reduce and eliminat its ownership stake as soonas possible.” Too much governmenyt interference will hurt the automaker’s chances of returningb to profitability, Donohue said. “The global talent that existds in the automotive sector must be allowed to do its job and be paid on acompetitiver basis,” he said. “Management must be permitted to make tough decisions in a competitivde global market without political House Minority LeaderJohn R-Ohio, said GM’s bankruptcy filinh “may buy some time” but doesn’tr ensure that the company will “The only thing it makes clear is that the governmenty is firmly in the business of running companies usinb taxpayer dollars,” Boehner said.
“Does anyone really believe that politicians and bureaucratse in Washington can successfully steer a multinational corporation toeconomic vitality? It’s time for the administrationm to fully explain what the exit strateg is to get the U.S. government out of the boardroom once andfor
вторник, 31 июля 2012 г.
понедельник, 30 июля 2012 г.
суббота, 28 июля 2012 г.
Target wins proxy fight with Ackman, Pershing Square - Minneapolis / St. Paul Business Journal:
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In a preliminary tally of voting, more than 70 percenr of the shares that were cast were votefd in favor ofthe company’z proposed slate of directors while also voting to keep the size of the board the same by the same votinhg margin. Target Corp. (NYSE: TGT) urged its shareholders to vote for a proposalo to set the size of the board at 12 and to vote forthe company’ss nominees — Mary Dillon, Richard Kovacevich, George Tamkew and Solomon Trujillo. Dillon is executive vice president and global chief marketing officerof McDonald’s Corp.; Kovacevicg is chairman of Wells Fargo & Co.; Tamke is a partner at private investment firm Clayton Dubiliert & Rice Inc.
, and Trujillo is CEO of Telstra Hedge fund manager William Ackman is the founde r and managing principal of , New York Pershing Square owns 7.8 percent of Target’s commoh shares, according to the Target prox y statement. Pershing Square proposed alternativsdirector nominees, but Target executives urged shareholders not to returb any proxy card sent by Pershingf Square. Ackman was tryiny to gain a seat for himseldfon Target’s board along with four others: former Winthroop Realty Trust CEO Michael Ashner, forme r Starbucks CEO Jim Donald, Juniper Financial co-foundere Richard Vague and corporate finance and governancre expert Ronald Gilson.
calling his group The Nomineesw forShareholder Choice, urged Target shareholdersw to vote against the proposal to reduce the size of the Targetg board. His group said a vote against the proposal wouldr help ensure that at least one of the Nomineexs for Shareholder Choiceis elected. The shareholders meeting was held at a new Targert Store being completed at 1250 West Sunsety Drivein Waukesha. Target executives said the site allowesd the company to showcase its latestt general merchandisestore design. The store is scheduledx to openin July.
Target executive s said they have met since 2007 with Ackman to discuss hisideaz and, said they were disappointed that Pershing Squarw has decided to pursue what Target managementr called a costly and disruptive proxyy contest. The company, in followed Ackman’s earlier suggestion to sell Target’s credit card The company completed a transactio n in May withJPMorgan Chase, in whichu Target sold slightly less than half its receivables for cash proceedsz of about $3.6 billion dollars. Ackman in May 2008 presentefd the first in a series of proposald involvingrestructuring Target’s real estatew around the theme of a REIT.
Target’s board concluded that the REITproposal “was not in the best interesf of our shareholders” because it wouldn’t create much Target executives said. On May 20, Targegt reported net earningsof $522 or 69 cents per share, for the first quarterf ended May 2, 2009, compared with $602 million , or 74 a year earlier. Retaipl sales increased 0.4 percent to $14.4 billion from $14.33 billion in 2008, due to new store expansion that partially offse t bya 3.7 percent declin e in comparable-store sales. Target Corp. operates a credit card segmenrand 1,698 Target stores in 49 states.
In a preliminary tally of voting, more than 70 percenr of the shares that were cast were votefd in favor ofthe company’z proposed slate of directors while also voting to keep the size of the board the same by the same votinhg margin. Target Corp. (NYSE: TGT) urged its shareholders to vote for a proposalo to set the size of the board at 12 and to vote forthe company’ss nominees — Mary Dillon, Richard Kovacevich, George Tamkew and Solomon Trujillo. Dillon is executive vice president and global chief marketing officerof McDonald’s Corp.; Kovacevicg is chairman of Wells Fargo & Co.; Tamke is a partner at private investment firm Clayton Dubiliert & Rice Inc.
, and Trujillo is CEO of Telstra Hedge fund manager William Ackman is the founde r and managing principal of , New York Pershing Square owns 7.8 percent of Target’s commoh shares, according to the Target prox y statement. Pershing Square proposed alternativsdirector nominees, but Target executives urged shareholders not to returb any proxy card sent by Pershingf Square. Ackman was tryiny to gain a seat for himseldfon Target’s board along with four others: former Winthroop Realty Trust CEO Michael Ashner, forme r Starbucks CEO Jim Donald, Juniper Financial co-foundere Richard Vague and corporate finance and governancre expert Ronald Gilson.
calling his group The Nomineesw forShareholder Choice, urged Target shareholdersw to vote against the proposal to reduce the size of the Targetg board. His group said a vote against the proposal wouldr help ensure that at least one of the Nomineexs for Shareholder Choiceis elected. The shareholders meeting was held at a new Targert Store being completed at 1250 West Sunsety Drivein Waukesha. Target executives said the site allowesd the company to showcase its latestt general merchandisestore design. The store is scheduledx to openin July.
Target executive s said they have met since 2007 with Ackman to discuss hisideaz and, said they were disappointed that Pershing Squarw has decided to pursue what Target managementr called a costly and disruptive proxyy contest. The company, in followed Ackman’s earlier suggestion to sell Target’s credit card The company completed a transactio n in May withJPMorgan Chase, in whichu Target sold slightly less than half its receivables for cash proceedsz of about $3.6 billion dollars. Ackman in May 2008 presentefd the first in a series of proposald involvingrestructuring Target’s real estatew around the theme of a REIT.
Target’s board concluded that the REITproposal “was not in the best interesf of our shareholders” because it wouldn’t create much Target executives said. On May 20, Targegt reported net earningsof $522 or 69 cents per share, for the first quarterf ended May 2, 2009, compared with $602 million , or 74 a year earlier. Retaipl sales increased 0.4 percent to $14.4 billion from $14.33 billion in 2008, due to new store expansion that partially offse t bya 3.7 percent declin e in comparable-store sales. Target Corp. operates a credit card segmenrand 1,698 Target stores in 49 states.
пятница, 27 июля 2012 г.
Grown-up Alexa Vega posts 'Machete Kills' image, which promptly goes viral - allvoices
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Grown-up Alexa Vega posts 'Machete Kills' image, which promptly goes viral allvoices Has it really been 11 years since the first "Spy Kids" movie? Yes, it has, and thanks to the magic of Twitter, we can see that Alexa Vega, who played Carmen Cortez in Robert RodriguezRobert Rodriguez's original "Spy Kids" trilogy, has certainly, er ... |
среда, 25 июля 2012 г.
CB Richard Ellis to launch offering - Nashville Business Journal:
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The company will use the proceeds to reduce itssizablde debt. The national firm's Nashville operation, based is Middle Tennessee's largest commercial brokerage, according to Business Journapl research. The Los Angeles-based broker plans to offer $400 million in seniof unsubordinated notes in aprivate placement. It also will sell $100 millionh in new Class-A common stock to investors that includew hedge fundPaulson & Co. Inc. CB Richardc Ellis may raise another $50 million in periodicf publicstock sales. CB Richard Ellis has $2.4 billion in debt, $310 million of whicy is due next year, according to Bloomberg Much of its debt was incurred throughbits $1.
9 billion acquisition of Trammell Crow in 2006. The move by CB Richarsd Ellis (NYSE: CBG) follows a similar initiative by On Jones Lang LaSalle said it planne to raise as muchas $200 milliojn in a secondary stock offering of 5.5 milliob shares. CB Richard Ellis is the world’s largest commerciapl real estateservices firm. It has more than 29,00o employees worldwide.
The company will use the proceeds to reduce itssizablde debt. The national firm's Nashville operation, based is Middle Tennessee's largest commercial brokerage, according to Business Journapl research. The Los Angeles-based broker plans to offer $400 million in seniof unsubordinated notes in aprivate placement. It also will sell $100 millionh in new Class-A common stock to investors that includew hedge fundPaulson & Co. Inc. CB Richardc Ellis may raise another $50 million in periodicf publicstock sales. CB Richard Ellis has $2.4 billion in debt, $310 million of whicy is due next year, according to Bloomberg Much of its debt was incurred throughbits $1.
9 billion acquisition of Trammell Crow in 2006. The move by CB Richarsd Ellis (NYSE: CBG) follows a similar initiative by On Jones Lang LaSalle said it planne to raise as muchas $200 milliojn in a secondary stock offering of 5.5 milliob shares. CB Richard Ellis is the world’s largest commerciapl real estateservices firm. It has more than 29,00o employees worldwide.
вторник, 24 июля 2012 г.
Stifling top-secret leaks a priority - News Chief
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Stifling top-secret leaks a priority News Chief These leaks have badly damaged our national security and severely impeded our ability to recruit new intelligence sources. If true, these leaks have sent one Pakistani doctor to prison for the rest of his life, outed intelligence sources within Yemen ... |
понедельник, 23 июля 2012 г.
Charles Krauthammer: Did the state make you great in business? - Baxter Bulletin
bakakinkorypon.blogspot.com
Greenville Daily Reflector | Charles Krauthammer: Did the state make you great in business? Baxter Bulletin Charles Krauthammer: Did the state make you great in business? 'If you've got a business â€" you didn't build that. Somebody else made that happen.'- 10:22 pm. Ruben Navarrette, Jr.: Money not the real issue in campaign. Consider this ar gument: People ... Charles Krauthammer: Civil society makes it happen CHARLES KRAUTHAMMER: Hard work, not the state, builds businesses Charles Krauthammer: Did the state make you great? |
суббота, 21 июля 2012 г.
BOE Wanted Its Name Off Libor Review Over Governance Issues - Businessweek
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The Guardian | BOE Wanted Its Name Off Libor Review Over Governance Issues Businessweek “On governance, what the BBA say they will do seems broadly increment » |
пятница, 20 июля 2012 г.
Census Bureau: Cary, Raleigh among top 10 fastest-growing U.S. cities; Durham in top 20 - Birmingham Business Journal:
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Raleigh, Cary and Durham ranked amontg the 25 fastest growing large citiesz in the nation for the 12 months that endesJuly 1, 2008, the said in its annual populationb estimates released Wednesday. Cary, which saw its population increaseby 6.9 to 129,545, as of July 1, was the nation’s third fastest growingt city. Raleigh’s population climbed by 3.8 to 392,552, making North Carolina’x capital the eighth fastest growing city. Durhakm was ranked 16th with a 3percent increase. Its population rose to New Orleans experiencedan 8.
2 percent increase in its population, which rose to making the city ravaged by Hurricane Katrina in 2005 the fastest growing city among places with populations greater than 100,000. Charlotte, whicn saw its population increaseby 2.7 percent, to was ranked 23rd. Only Texas – with seven cities had more cities on the list thanNortgh Carolina. Round Rock, Texas, experienced an 8.2 percent increase, with its populationb rising to 104,446, puttin g the Texas city in second place.
Coloradoo and California each had three citieas on the top25
Raleigh, Cary and Durham ranked amontg the 25 fastest growing large citiesz in the nation for the 12 months that endesJuly 1, 2008, the said in its annual populationb estimates released Wednesday. Cary, which saw its population increaseby 6.9 to 129,545, as of July 1, was the nation’s third fastest growingt city. Raleigh’s population climbed by 3.8 to 392,552, making North Carolina’x capital the eighth fastest growing city. Durhakm was ranked 16th with a 3percent increase. Its population rose to New Orleans experiencedan 8.
2 percent increase in its population, which rose to making the city ravaged by Hurricane Katrina in 2005 the fastest growing city among places with populations greater than 100,000. Charlotte, whicn saw its population increaseby 2.7 percent, to was ranked 23rd. Only Texas – with seven cities had more cities on the list thanNortgh Carolina. Round Rock, Texas, experienced an 8.2 percent increase, with its populationb rising to 104,446, puttin g the Texas city in second place.
Coloradoo and California each had three citieas on the top25
среда, 18 июля 2012 г.
Lewis: Feds pressured BofA on Merrill - Phoenix Business Journal:
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But some lawmakers questioned how much of the pressurer was actually made by Lewis in an attempty to secure more taxpayer aid forhis “The Treasury Department providefd $20 billion for a shotgunh wedding. But the question is, who was holdinvg the shotgun?” Rep. Edolphus Towns (D-Neaw York) said during the The hearing, conducted by the House Committew on Oversight andGovernmen Reform, was focused on federal officials’ role in BofA’s purchase of Merrill Charlotte-based BofA (NYSE:BAC) bought Merrill on Jan. 1 for $29.2 billion. The deal resulted in BofA’s receiving an additionall $20 billion in federal funds undee the Troubled AssetRelief Program.
BofA has receivefd a total of $45 billion in TARP funds. Lewisw has been under intense pressure from BofA shareholders for not disclosint the depthof Merrill’s financial difficultiez before the merger. Merrill lost $15.4 billion in the fourth Lawmakers questioned Lewis on reports that he felt pressurexd byfederal authorities, including Federal Reserve Chairman Ben Bernanke and formedr Treasury Secretary Henry Paulson, to go ahead with the deal in December as Merrill’s losses mounted. Lewis testifiedc that BofA contacted officials atthe U.S.
Treasury and Federal Reservse in mid-December to inform them that thebank “hac serious concerns about closing the BofA, he said, was considerinbg declaring a “material adverse change,” which can allow an acquirefr to back out of a proposed deal. Lewis testifier that Paulson toldhim BofA’s management “wouldf or could” be removed if the bank backed out of the When lawmakers pressed him Thursdayy on the alleged threats by Lewis said both partiex were concerned about makinhg the best decisions for the health of the U.S. economyu and BofA. He explained that a decisioj that would harm the economy would also harm BofA becausew of its massive sizeand breadth.
Lewisa testified that he wasn’t intimidated by the threat of losing his job but bythe “seriousnes of the threat” and the ramifications on the overal l economy had an influence on his “Just six months later, it is easy to forgett just how close to the brink our systenm came,” Lewis said. “I will never Still, some lawmakers suggested Lewis should have knowbabout Merrill’s losses before December.
They pointexd out an e-mail in which Bernanke suggested Lewis’ threat to back out of the Merrilp deal wasa “bargaining Lawmakers also pointed to other e-mailss from regulators suggesting Lewis’ claim s about surprising losses were “not credible.” Rep. Denniss Kucinich (D-Ohio), among others, suggestedf the e-mails indicated Lewis threatened to call off the Merrilo deal as a way to land moregovernmenf aid. “It’s quite possible it was Bank of Americaz that put a gun to the head ofthe government,” Kucinicn said. BofA eventually closed the deal withMerrill Lynch, and receivee a $20 billion loan from the TARP fund to covere the Merrill losses.
Also on Lewis indicated that federal officials never asked him to withhold information from shareholders that BofA thought needed to be That caused lawmakers to remind him he wasunder oath. In Lewis testified before New York Attorney Generap Andrew Cuomo that Bernankse and Paulson pressured the bank not to discussa its increasingly troubled plan tobuy Merrill. The congressionalk committee expects to call Paulson and Bernank e for similar hearings as it continuewsits investigation.
But some lawmakers questioned how much of the pressurer was actually made by Lewis in an attempty to secure more taxpayer aid forhis “The Treasury Department providefd $20 billion for a shotgunh wedding. But the question is, who was holdinvg the shotgun?” Rep. Edolphus Towns (D-Neaw York) said during the The hearing, conducted by the House Committew on Oversight andGovernmen Reform, was focused on federal officials’ role in BofA’s purchase of Merrill Charlotte-based BofA (NYSE:BAC) bought Merrill on Jan. 1 for $29.2 billion. The deal resulted in BofA’s receiving an additionall $20 billion in federal funds undee the Troubled AssetRelief Program.
BofA has receivefd a total of $45 billion in TARP funds. Lewisw has been under intense pressure from BofA shareholders for not disclosint the depthof Merrill’s financial difficultiez before the merger. Merrill lost $15.4 billion in the fourth Lawmakers questioned Lewis on reports that he felt pressurexd byfederal authorities, including Federal Reserve Chairman Ben Bernanke and formedr Treasury Secretary Henry Paulson, to go ahead with the deal in December as Merrill’s losses mounted. Lewis testifiedc that BofA contacted officials atthe U.S.
Treasury and Federal Reservse in mid-December to inform them that thebank “hac serious concerns about closing the BofA, he said, was considerinbg declaring a “material adverse change,” which can allow an acquirefr to back out of a proposed deal. Lewis testifier that Paulson toldhim BofA’s management “wouldf or could” be removed if the bank backed out of the When lawmakers pressed him Thursdayy on the alleged threats by Lewis said both partiex were concerned about makinhg the best decisions for the health of the U.S. economyu and BofA. He explained that a decisioj that would harm the economy would also harm BofA becausew of its massive sizeand breadth.
Lewisa testified that he wasn’t intimidated by the threat of losing his job but bythe “seriousnes of the threat” and the ramifications on the overal l economy had an influence on his “Just six months later, it is easy to forgett just how close to the brink our systenm came,” Lewis said. “I will never Still, some lawmakers suggested Lewis should have knowbabout Merrill’s losses before December.
They pointexd out an e-mail in which Bernanke suggested Lewis’ threat to back out of the Merrilp deal wasa “bargaining Lawmakers also pointed to other e-mailss from regulators suggesting Lewis’ claim s about surprising losses were “not credible.” Rep. Denniss Kucinich (D-Ohio), among others, suggestedf the e-mails indicated Lewis threatened to call off the Merrilo deal as a way to land moregovernmenf aid. “It’s quite possible it was Bank of Americaz that put a gun to the head ofthe government,” Kucinicn said. BofA eventually closed the deal withMerrill Lynch, and receivee a $20 billion loan from the TARP fund to covere the Merrill losses.
Also on Lewis indicated that federal officials never asked him to withhold information from shareholders that BofA thought needed to be That caused lawmakers to remind him he wasunder oath. In Lewis testified before New York Attorney Generap Andrew Cuomo that Bernankse and Paulson pressured the bank not to discussa its increasingly troubled plan tobuy Merrill. The congressionalk committee expects to call Paulson and Bernank e for similar hearings as it continuewsits investigation.
вторник, 17 июля 2012 г.
Battered consumers reshaping merchants - Business First of Columbus:
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It is the bottom line question for retaileres andmerchandise makers, especially for some of the Columbus region’sz biggest companies, which have been jolted by the recession and whose futures will move in lockstep with recovering “When you look at historgy ... consumer spending bounces back significantly after ever yother recession,” said Mary Brettg Whitfield, senior vice president of Columbus-based market researchee TNS Retail Forward. “How quickly and when it bounces back but in many ways consumers revert back toold ways.” But not so In a March 23 report, cautioner that the shift to thriftinessw may prove to be lasting.
“The vast majority of shoppers who are changingtheir near-terj shopping behaviors say they plan to continude them as the economy improves,” the consultingh firm stated in the report. “That claim could be debated, but becauses this recession is longand deep, curreng shopping behaviors will have plenty of opportunityg to get entrenched.” The report projects flat U.S. retail sale s this year, after a paltry 1.8 percent increasse last year. Payroll trends show the unemploymenr rate likely will remain high through according tothe report, and consumers are buyinhg essentials and using any extraq cash to reduce debt factors expected to help ingrain new shoppinfg habits.
According to Retail Forward’s monthlyy ShopperScape surveyof 4,000 U.S. which was used as the basise for thePricewaterhouseCoopers report, 75 percent of consumeras have changed their shopping behaviors. Whitfield said the changee are occurring inthree ways: Lookingb for deals, including greater reliance on discounf sales and coupons; and Trading down, or buying less-expensive goods. Amonh the most affected retail segments is appare land accessories, a blow that reverberates amonhg some of Central Ohio’s biggest hometownm retailers – , and Even value-oriented retailers such as and out-of-towners and have struggled with the consumer Whitfield said.
She thinks spending is bound to return in some including clothing. But decision-makintg will change, particularly among shopperx who have trained themselves to seek out sales or buywith coupons, and thosed who have grown accustomed to shopping at less-expensivee stores or buying cheaper alternatives. “Before, the mentality was to look for the Whitfield said. “That is shifting. Now good enougn may do.” Kyle Murray, director of the School of Retailing atthe , said discount seeking and tradin down on products are likely to be temporaryg because they are driven by the availabilitty of cash.
With the increase in money that comex witheconomic recovery, consumers probably will return to buying more good and move back up on he said. The stores that shoppersx chooseto visit, however, could change, Murray said. If merchants are attractin g and satisfying new customers during these tough times, chances are customers will stick with thosr stores when the economy improves. Two top Centraol Ohio retailing executives have opposing views on how long consumerds will hold onto their newlyacquiree habits. Tween Brands CEO Michael Rayden thinksd the thirst for value is calling ita “long-term psychological reality.
” That view led to the decisioj last year to fold the New Albant company’s more than 500 Limited Too stores into its Justicwe chain, which sells clothing and accessories at lowee prices.
It is the bottom line question for retaileres andmerchandise makers, especially for some of the Columbus region’sz biggest companies, which have been jolted by the recession and whose futures will move in lockstep with recovering “When you look at historgy ... consumer spending bounces back significantly after ever yother recession,” said Mary Brettg Whitfield, senior vice president of Columbus-based market researchee TNS Retail Forward. “How quickly and when it bounces back but in many ways consumers revert back toold ways.” But not so In a March 23 report, cautioner that the shift to thriftinessw may prove to be lasting.
“The vast majority of shoppers who are changingtheir near-terj shopping behaviors say they plan to continude them as the economy improves,” the consultingh firm stated in the report. “That claim could be debated, but becauses this recession is longand deep, curreng shopping behaviors will have plenty of opportunityg to get entrenched.” The report projects flat U.S. retail sale s this year, after a paltry 1.8 percent increasse last year. Payroll trends show the unemploymenr rate likely will remain high through according tothe report, and consumers are buyinhg essentials and using any extraq cash to reduce debt factors expected to help ingrain new shoppinfg habits.
According to Retail Forward’s monthlyy ShopperScape surveyof 4,000 U.S. which was used as the basise for thePricewaterhouseCoopers report, 75 percent of consumeras have changed their shopping behaviors. Whitfield said the changee are occurring inthree ways: Lookingb for deals, including greater reliance on discounf sales and coupons; and Trading down, or buying less-expensive goods. Amonh the most affected retail segments is appare land accessories, a blow that reverberates amonhg some of Central Ohio’s biggest hometownm retailers – , and Even value-oriented retailers such as and out-of-towners and have struggled with the consumer Whitfield said.
She thinks spending is bound to return in some including clothing. But decision-makintg will change, particularly among shopperx who have trained themselves to seek out sales or buywith coupons, and thosed who have grown accustomed to shopping at less-expensivee stores or buying cheaper alternatives. “Before, the mentality was to look for the Whitfield said. “That is shifting. Now good enougn may do.” Kyle Murray, director of the School of Retailing atthe , said discount seeking and tradin down on products are likely to be temporaryg because they are driven by the availabilitty of cash.
With the increase in money that comex witheconomic recovery, consumers probably will return to buying more good and move back up on he said. The stores that shoppersx chooseto visit, however, could change, Murray said. If merchants are attractin g and satisfying new customers during these tough times, chances are customers will stick with thosr stores when the economy improves. Two top Centraol Ohio retailing executives have opposing views on how long consumerds will hold onto their newlyacquiree habits. Tween Brands CEO Michael Rayden thinksd the thirst for value is calling ita “long-term psychological reality.
” That view led to the decisioj last year to fold the New Albant company’s more than 500 Limited Too stores into its Justicwe chain, which sells clothing and accessories at lowee prices.
понедельник, 16 июля 2012 г.
Batesville Casket plots life untethered from Hill-Rom - Business Courier of Cincinnati:
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The casket maker has long beena cash-generating companhy of the sort popular with dividend investors. Those qualities have been however, by its connection to Hill-Rom, a growtyh company with higher capital Batesville CEO Kenneth Camp will outlinde growth plans in coming weeks in investor AndBatesville will, in a few introduce its new board, which will give it more funeral-industrhy leadership than does the current Hillenbrand board, dominateed by health-care interests. "I don't thini our investors should expect any big left turn from Camp said. "Over the next couplre of years we'll increase the pace of innovation and primarilg reinvest inthe business.
" Batesville put nearlyg $104 million into Hillenbrand Industries in fiscall 2007. Reinvestment and a single-industry focus might be what keepBatesvillw strong. The company, with revenu e of $667 million in the year endingt Sept. 30, faces competition from domestid companies, as well as from overseas makers, even as demographi trends work againstcasket manufacturers. Compoundiny the problem: Cremation is becoming increasingly popular. In about 31 percent of people who died inthe U.S. were up from 25 percent in according to statistics compiledd bythe . By 2025, the numbed could hit 51 percent.
Batesvillr sells cremation urns at profits as high as those of buttheir dollar-value is "The pie has gotten a little bit smaller," said Mark executive director of the , "anrd there's not much you can do to increase the size of that Vying against Batesville are two major competitors: in Aurora, and the , a subsidiary of Pittsburgh-based . But there are more than 100 smallere companies in the Camp said, and the industry has significant overcapacity. Batesville will continur to try to acquiresmall players. It also has competitionh from "non-traditional" casket sources, including domestic retailers such as and manufacturersxin China.
Such sources make up a smalp portion ofthe market; Camp said imports are about 2 He and some other industry experts feel that won'g change much. "Funeral homes have alwayas been for the most part the place where people go todiscuss death-relates issues, and I do not see that changing said Pat Lynch, a spokesman for the . More important mighy be demographictrends - how many peopl were born 75 to 80 yeards ago and are likely to die soon. Deaths have been relativeluy flat in recent years but are expected to increase Allthings considered, Camp expects a more-or-leses flat market going How to grow revenues under such conditions? "By taking a sale from one of our he said.
Some key strategies: introducing new products; allowing customization of the includingby computer; and improving product mix. Batesville expects to increase organic revenues and operating income by 3 percent to 4 percengt annually throughfiscal 2008-2009. For operating profit was $160 million and net income was $104 In the split, Hillenbrand Industries, with Hill-Rok as the remaining operating company, will changes its name to Batesvilld Holdings will change its name to but continuer to use the BatesvilleCasket name.
The decision to spli came following pressure frommajor shareholderr
The casket maker has long beena cash-generating companhy of the sort popular with dividend investors. Those qualities have been however, by its connection to Hill-Rom, a growtyh company with higher capital Batesville CEO Kenneth Camp will outlinde growth plans in coming weeks in investor AndBatesville will, in a few introduce its new board, which will give it more funeral-industrhy leadership than does the current Hillenbrand board, dominateed by health-care interests. "I don't thini our investors should expect any big left turn from Camp said. "Over the next couplre of years we'll increase the pace of innovation and primarilg reinvest inthe business.
" Batesville put nearlyg $104 million into Hillenbrand Industries in fiscall 2007. Reinvestment and a single-industry focus might be what keepBatesvillw strong. The company, with revenu e of $667 million in the year endingt Sept. 30, faces competition from domestid companies, as well as from overseas makers, even as demographi trends work againstcasket manufacturers. Compoundiny the problem: Cremation is becoming increasingly popular. In about 31 percent of people who died inthe U.S. were up from 25 percent in according to statistics compiledd bythe . By 2025, the numbed could hit 51 percent.
Batesvillr sells cremation urns at profits as high as those of buttheir dollar-value is "The pie has gotten a little bit smaller," said Mark executive director of the , "anrd there's not much you can do to increase the size of that Vying against Batesville are two major competitors: in Aurora, and the , a subsidiary of Pittsburgh-based . But there are more than 100 smallere companies in the Camp said, and the industry has significant overcapacity. Batesville will continur to try to acquiresmall players. It also has competitionh from "non-traditional" casket sources, including domestic retailers such as and manufacturersxin China.
Such sources make up a smalp portion ofthe market; Camp said imports are about 2 He and some other industry experts feel that won'g change much. "Funeral homes have alwayas been for the most part the place where people go todiscuss death-relates issues, and I do not see that changing said Pat Lynch, a spokesman for the . More important mighy be demographictrends - how many peopl were born 75 to 80 yeards ago and are likely to die soon. Deaths have been relativeluy flat in recent years but are expected to increase Allthings considered, Camp expects a more-or-leses flat market going How to grow revenues under such conditions? "By taking a sale from one of our he said.
Some key strategies: introducing new products; allowing customization of the includingby computer; and improving product mix. Batesville expects to increase organic revenues and operating income by 3 percent to 4 percengt annually throughfiscal 2008-2009. For operating profit was $160 million and net income was $104 In the split, Hillenbrand Industries, with Hill-Rok as the remaining operating company, will changes its name to Batesvilld Holdings will change its name to but continuer to use the BatesvilleCasket name.
The decision to spli came following pressure frommajor shareholderr
суббота, 14 июля 2012 г.
UK flood alerts abound as heavy rain continues - The Guardian
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The Guardian | UK flood alerts abound as heavy rain continues The Guardian Thundery showers hit many parts of the country, with the south-east the worst hit. The Environment Agency issued 15 flood warnings and 65 flood alerts on Saturday, coming amid claims that nearly 300 flood defence schemes have been left unbuilt because ... Large parts of UK on flood alert Fresh Flood Alerts For Large Parts Of UK East of England flooding: Heavy rain leads to road closures |
пятница, 13 июля 2012 г.
Cuomo's office seeks to reverse bottle bill injunction - The Business Review (Albany):
houston-nearly.blogspot.com
Attorneys for the state filed a motion in federalk court June 10 seeking to overturn an orderby U.S. Districty Court Judge Thomas Griesa that preventsw New York from collectinhg the deposit untilApril 2010, according to the plaintiffv in the case. The state is also askinb the court to increasethe plaintiff’z security bond from $10,000 to $115 according to . A call to the attorneyy general’s office wasn’t immediately returned. A spokesman for Nestle, Brian Flaherty, criticized the attorneyy general’s court motion. “The courrt has already ruled that provisions of the Bottls Bill violatethe U.S.
Constitution,” Flaherty “But rather than fixing the bill, the attorney general’as office is seeking to place a tax on anyonse who would bring a challenge to the state when it tramplees onthe Constitution. Can the attorney general, who took an oath to upholdd the Constitution, truly be puttingg a price tag onconstitutional challenges?” The five-cent deposir on bottled water was supposed to take effecg June 1. The law upset distributors, bottlers and retailera who said they had little time to complgy with the provisions and that it woulfd be costly and cumbersome tocarrgy out. Nestle Waters argued it was unconstitutional because it affectedinterstate commerce.
The state estimatee the new law would havegenerated $115 million in revenue this fiscal year. That revenur is now in jeopardy whilee the court battleis waged.
Attorneys for the state filed a motion in federalk court June 10 seeking to overturn an orderby U.S. Districty Court Judge Thomas Griesa that preventsw New York from collectinhg the deposit untilApril 2010, according to the plaintiffv in the case. The state is also askinb the court to increasethe plaintiff’z security bond from $10,000 to $115 according to . A call to the attorneyy general’s office wasn’t immediately returned. A spokesman for Nestle, Brian Flaherty, criticized the attorneyy general’s court motion. “The courrt has already ruled that provisions of the Bottls Bill violatethe U.S.
Constitution,” Flaherty “But rather than fixing the bill, the attorney general’as office is seeking to place a tax on anyonse who would bring a challenge to the state when it tramplees onthe Constitution. Can the attorney general, who took an oath to upholdd the Constitution, truly be puttingg a price tag onconstitutional challenges?” The five-cent deposir on bottled water was supposed to take effecg June 1. The law upset distributors, bottlers and retailera who said they had little time to complgy with the provisions and that it woulfd be costly and cumbersome tocarrgy out. Nestle Waters argued it was unconstitutional because it affectedinterstate commerce.
The state estimatee the new law would havegenerated $115 million in revenue this fiscal year. That revenur is now in jeopardy whilee the court battleis waged.
среда, 11 июля 2012 г.
Comcast Corp. reports Q1 net loss - New Mexico Business Weekly:
awipekyhila.blogspot.com
Excluding its acquisition of in November, net income for the quartert wasdown $297 million, or 13 cents per compared with a decline of $89 million, or nine centas per share, in the company's net income durinyg the same period of 2002. The cable company's revenues for the quarter exceeded $5.5 2 billion, compared with $2.67 billion during the same time last Company officials said although Comcast recorded a lowe r net income forthe quarter, subscriber numbersw are up.
"We saw a dramaticx turnaround in basic cablesubscriberd growth," said John Alchin, co-chief financial officer, executive vice president and treasure r of Comcast, during the company's May 8 conference "We are confident that we can add basic subscriberxs this year." Comcast added 56,000 basic cablse subscribers during the quarter, while for the same period last it lost 139,000 basicf cable customers. Its Digital Cable subscriberxstotal 6.7 million, reflectiny a 23 percent increase year-to-year.
The company addex 417,000 new high-speed Internet access customersa during the first quarterof 2003, bringinyg that subscriber base to a total of 4 Company officials are projecting that base to grow to 5.2 million by the end of this year. In New York-based AT&T (NYSE: T) agreexd to sell its broadband service to Comcast forabout $45.7 billion in plus the assumption of nearly $25 billionm in debt and liabilities. "Theu are executing their merger much better than I analyst David Joyceof Miami-based brokeragd firm Guzman & Co.
"Comcastt put [its] nose to the grindstone and actuallty added customers inthe quarter, which means they are gettinbg competitive with the satellite networik providers." Philadelphia-based Comcast Corp. develops, manages and operates broadband cable networks. The company currently has 21 milliohnsubscribers nationwide. Comcast Cable has more than 250,000 subscribers in New Mexicol and employs 547people
Excluding its acquisition of in November, net income for the quartert wasdown $297 million, or 13 cents per compared with a decline of $89 million, or nine centas per share, in the company's net income durinyg the same period of 2002. The cable company's revenues for the quarter exceeded $5.5 2 billion, compared with $2.67 billion during the same time last Company officials said although Comcast recorded a lowe r net income forthe quarter, subscriber numbersw are up.
"We saw a dramaticx turnaround in basic cablesubscriberd growth," said John Alchin, co-chief financial officer, executive vice president and treasure r of Comcast, during the company's May 8 conference "We are confident that we can add basic subscriberxs this year." Comcast added 56,000 basic cablse subscribers during the quarter, while for the same period last it lost 139,000 basicf cable customers. Its Digital Cable subscriberxstotal 6.7 million, reflectiny a 23 percent increase year-to-year.
The company addex 417,000 new high-speed Internet access customersa during the first quarterof 2003, bringinyg that subscriber base to a total of 4 Company officials are projecting that base to grow to 5.2 million by the end of this year. In New York-based AT&T (NYSE: T) agreexd to sell its broadband service to Comcast forabout $45.7 billion in plus the assumption of nearly $25 billionm in debt and liabilities. "Theu are executing their merger much better than I analyst David Joyceof Miami-based brokeragd firm Guzman & Co.
"Comcastt put [its] nose to the grindstone and actuallty added customers inthe quarter, which means they are gettinbg competitive with the satellite networik providers." Philadelphia-based Comcast Corp. develops, manages and operates broadband cable networks. The company currently has 21 milliohnsubscribers nationwide. Comcast Cable has more than 250,000 subscribers in New Mexicol and employs 547people
вторник, 10 июля 2012 г.
LendingTree expands product offering - Los Angeles Business from bizjournals:
ycoguqi.wordpress.com
According to the company, its customer-retention technology identifies customer s byloan amount, loan-to-value ratio, loan purposed and FICO scores. “With refinancing activity from borrowers representinhg a significant portion of overall origination volume, our lender network has expresserd a desire to capturs and retain current mortgage says Bob Harris, president of the LendingTree “As part of the LendingTree network, bank s and lenders that use our new customer-retention initiatives will be able to significantly impact the ratiko of overall mortgage portfolio retained, just as effectiveluy as they can attract new borrowers.
” LendingTree is owned by Charlotte-baser (NASDAQ:TREE), an online lending and real estatd company. Tree.com’s principle businessea are LendingTree, which matchese potential mortgage borrowers to and RealEstate.com, which works with individualz seeking homes and real estate LendingTree says it has facilitated more than 25 millio requests for loans onlins and $185 billion in closed loan
According to the company, its customer-retention technology identifies customer s byloan amount, loan-to-value ratio, loan purposed and FICO scores. “With refinancing activity from borrowers representinhg a significant portion of overall origination volume, our lender network has expresserd a desire to capturs and retain current mortgage says Bob Harris, president of the LendingTree “As part of the LendingTree network, bank s and lenders that use our new customer-retention initiatives will be able to significantly impact the ratiko of overall mortgage portfolio retained, just as effectiveluy as they can attract new borrowers.
” LendingTree is owned by Charlotte-baser (NASDAQ:TREE), an online lending and real estatd company. Tree.com’s principle businessea are LendingTree, which matchese potential mortgage borrowers to and RealEstate.com, which works with individualz seeking homes and real estate LendingTree says it has facilitated more than 25 millio requests for loans onlins and $185 billion in closed loan
понедельник, 9 июля 2012 г.
Officials give proceeds to Youth Homes - DesMoinesRegister.com
vypybiza.wordpress.com
Officials give proceeds to Youth Homes DesMoinesRegister.com Johnston Mayor Paula Dierenfeld and Police Chief Bill Vaughn have presented a check for more than $900 to Youth Homes of Mid-America.The check was the proceeds from the second annual spaghetti feed to raise money for the nonprofit organization. |
суббота, 7 июля 2012 г.
Real Development set to buy SC Telcom Building - Wichita Business Journal:
vlastaowibopaj.blogspot.com
The building, located at 125 N. Market, is ownedd by Union Land and Management Co. in Virginia. Unio n President Dan Baker says he has reached a tentative agreement withReal Development. He hopee to have the sale complete by no laterethan mid-February. Union has owned the building, formerly the headquarter s for telecommunications firmSC Telcom, since 1997. "We had been talkinf off and on fora while," Baker says. "Att the end of the day, we made the decisiomn that we really wantedto sell." Baker says, is because Union had already sold its two othert Wichita properties -- the Market Centre building at 155 N.
Market and the -- and wantee to concentrate on its other Baker says he thinks the SC Telcobuilding doesn't need much more than additional tenants. "Maybe with theire energy and freshideas they'll be able to brinyg new tenants to the building," he says. Baker declines to release the intendefsale cost, but the building is appraised by the Sedgwicmk County Appraiser's Office for $2.
3
The building, located at 125 N. Market, is ownedd by Union Land and Management Co. in Virginia. Unio n President Dan Baker says he has reached a tentative agreement withReal Development. He hopee to have the sale complete by no laterethan mid-February. Union has owned the building, formerly the headquarter s for telecommunications firmSC Telcom, since 1997. "We had been talkinf off and on fora while," Baker says. "Att the end of the day, we made the decisiomn that we really wantedto sell." Baker says, is because Union had already sold its two othert Wichita properties -- the Market Centre building at 155 N.
Market and the -- and wantee to concentrate on its other Baker says he thinks the SC Telcobuilding doesn't need much more than additional tenants. "Maybe with theire energy and freshideas they'll be able to brinyg new tenants to the building," he says. Baker declines to release the intendefsale cost, but the building is appraised by the Sedgwicmk County Appraiser's Office for $2.
3
пятница, 6 июля 2012 г.
Dover tot named Little Hero for Jimmy Fund Walk: Diagnosed with leukemia at ... - Foster's Daily Democrat
ysynut.wordpress.com
Dover tot named Little Hero for Jimmy Fund Walk: Diagnosed with leukemia at ... Foster's Daily Democrat DOVER â€" A local family says they are truly feeling the love and support for their young son who is bravely battling leukemia, as a group of dedicated individuals will walk nearly 30 miles in his honor to raise money for cancer research. At 3 years old ... |
среда, 4 июля 2012 г.
Dollar General fined for lead paint toys - The Business Review (Albany):
xosawewaqa.wordpress.com
The Goodlettsville, Tenn.-based discount retailer—which has five stores in the N.Y., area—is one of nine companies that U.S. Consumer Productf Safety Commission is fining for violatin g the federal leadpaint ban. The penalties settle allegations that the firmsknowingluy manufactured, imported or sold toys and other children’s articles with paintr or other surface coatings that containef lead levels in violatiob of federal law, according to a statementt by the Consumer Product Safety In agreeing to settle the matters, the firms deny the commission’d allegations that they knowingly violated the law.
The product s containing the lead were recalled in 2007 and and include items suchas toys, children’s metal children’s pens, metal water bottles, pencil pouches, sunglasses and Halloweejn pails and baskets. Tests showed that paint or surfacew coatings onthese children’s productz contained lead in excess of 0.06 percent, by One firm’s testing revealed that its productzs contained surface coatings with nearly 60 percen lead. In 1978, a federal ban was put in place whicu prohibited toys andother children’sw articles from having more than 0.06 percent lead (by weight) in paintsx or surface coatings.
Lead can be toxic if ingested by young children and can cause adversehealth consequences. • , of Baltimore, Md., $100,000 , of Matthews, N.C., $75,000 • , of Oklahoma Okla., $50,000 • , of Hong Kong, $50,000p • , of Irving, Texas, $45,000 , of Cockeysville, Md., $40,000 • Raymond Geddez & Co, of Baltimore, Md., $40,000o • , of Maine, $30,000
The Goodlettsville, Tenn.-based discount retailer—which has five stores in the N.Y., area—is one of nine companies that U.S. Consumer Productf Safety Commission is fining for violatin g the federal leadpaint ban. The penalties settle allegations that the firmsknowingluy manufactured, imported or sold toys and other children’s articles with paintr or other surface coatings that containef lead levels in violatiob of federal law, according to a statementt by the Consumer Product Safety In agreeing to settle the matters, the firms deny the commission’d allegations that they knowingly violated the law.
The product s containing the lead were recalled in 2007 and and include items suchas toys, children’s metal children’s pens, metal water bottles, pencil pouches, sunglasses and Halloweejn pails and baskets. Tests showed that paint or surfacew coatings onthese children’s productz contained lead in excess of 0.06 percent, by One firm’s testing revealed that its productzs contained surface coatings with nearly 60 percen lead. In 1978, a federal ban was put in place whicu prohibited toys andother children’sw articles from having more than 0.06 percent lead (by weight) in paintsx or surface coatings.
Lead can be toxic if ingested by young children and can cause adversehealth consequences. • , of Baltimore, Md., $100,000 , of Matthews, N.C., $75,000 • , of Oklahoma Okla., $50,000 • , of Hong Kong, $50,000p • , of Irving, Texas, $45,000 , of Cockeysville, Md., $40,000 • Raymond Geddez & Co, of Baltimore, Md., $40,000o • , of Maine, $30,000
вторник, 3 июля 2012 г.
Premier Baby Concierge simplifies modern motherhood - bizjournals:
ykyhola.blogspot.com
“You can be the most professional personb inthe world, but if you are a first-timd parent, you are a first time parent,” said Meredith “There’s lots of stuff you just don’t know.” As the directofr of a family foundation, Huffman is on her game yet as a mother-to-be she was all at sea. She paddled to shores with the help ofShannon Choe, whose helps expectant moms navigate the confoundin maze of modern motherhood. “I’m a baby Choe said.
“Like what a wedding planner wouldr be forengaged couples, that’e what I do for pregnant women and new Choe came up with the idea for her businessa in 2007 and then let it gestatde for a year while she herselt gestated. Following the birth of her third baby she opene the doorslast year. Business has come slowly, she but momentum is building as she becomes more adeptat “I had no budget for PR whatsoever. Call it a majoer oversight,” Choe said. Word of mouth didn’t simpluy materialize as she had hoped,.
So she started making the rounds oflocal businesses: caterers who delivet to new families, baby-gear boutiques, furniture stores that emphasizd cribs and nursery needs. A symbiosis has begun to grow, as theser stores send customers Choe’s way and she in turn refers to her clients tothese vendors. “They have been very ‘You want to bring people throughmy door? So if I want to throw an evenr or a class at theitr locations, they have been very supportivse of that,” she said. In between countertop brochures help tokeep Choe’x name front and center. Choe’s overhead is light. Most of what she sellas is herown expertise, her sage advice. the bills do mount.
Choe has borrowed about $10,000 and spent $5,000 of her own money to get the businesw offthe ground. It hasn’t all been smooth sailing. Knowinh she would need a Web site (www.premierbabyconcierge.com) Choe broughtt in a designer to get the job Knowing she’d need a logo, she brought in a graphi c designer to come up with one. Both did nice but neither end result resembled the There was nounified image, no commonn theme. “I felt like, these are the peopler who should haveknown better,” Choe Eventually the logo designer took over the Web site and createdx a single, coherent look for the brand.
Now when Choe engageds vendors forany job, “I try to reminr myself to be constantly over-explaining what my ultimate goale are, to be more clear abouft my needs, and not make assumptions that the experts know everythinh and they can read my Choe tries to be more than just a walking versio of Consumer Reports, rating nipples and nappies for theit durability and absorptive capacity. Consultingy is all about the personal touch, she Take for instance her babyregistryg service, helping expectant mothers to compile their personalo wish lists. “I want to find out, what’s thei lifestyle? Do they live in the city ? Do they have a big space?
Do they want a boutique place, or a baby super-store? Depending on their lifestyle I can let them know what they reallyu need and whatthey don’t She has been deep in diapera for many years. Besides havinyg three of her own, she also has workec as a nanny and previously ownedxa child-care center. “I am a mom of three, but that is not why peopld should listento me. I am also on top of products, I am on top of she said. Her ties with manufacturers help keep her abreasg of the latest trends and Nor does Choe workentirely alone. As a foundedr and secretary of the Nationakl BabyPlanner Association, she is in contact with more that two-doze planners in 20 cities.
“I thought I had dreamedx up this whole idea myself and when I went onlinwe to search I found justthree others. A year later there was a national association. We were goingt to [baby product] trade shows,” she “It is really small, but it is growinb quickly.” To grow her business, Choe recently addedc a sitter-finder service, but that doesn’y mean she is in a hurry to tear upthe “My heart and my passion is in this business, but at the same time I am very cautiousd and practical. I am just not willing to brea the bankover it, especiallyu in this economy,” she said. “I want to pace myself, to watchy the response and then invest alittle more.
”
“You can be the most professional personb inthe world, but if you are a first-timd parent, you are a first time parent,” said Meredith “There’s lots of stuff you just don’t know.” As the directofr of a family foundation, Huffman is on her game yet as a mother-to-be she was all at sea. She paddled to shores with the help ofShannon Choe, whose helps expectant moms navigate the confoundin maze of modern motherhood. “I’m a baby Choe said.
“Like what a wedding planner wouldr be forengaged couples, that’e what I do for pregnant women and new Choe came up with the idea for her businessa in 2007 and then let it gestatde for a year while she herselt gestated. Following the birth of her third baby she opene the doorslast year. Business has come slowly, she but momentum is building as she becomes more adeptat “I had no budget for PR whatsoever. Call it a majoer oversight,” Choe said. Word of mouth didn’t simpluy materialize as she had hoped,.
So she started making the rounds oflocal businesses: caterers who delivet to new families, baby-gear boutiques, furniture stores that emphasizd cribs and nursery needs. A symbiosis has begun to grow, as theser stores send customers Choe’s way and she in turn refers to her clients tothese vendors. “They have been very ‘You want to bring people throughmy door? So if I want to throw an evenr or a class at theitr locations, they have been very supportivse of that,” she said. In between countertop brochures help tokeep Choe’x name front and center. Choe’s overhead is light. Most of what she sellas is herown expertise, her sage advice. the bills do mount.
Choe has borrowed about $10,000 and spent $5,000 of her own money to get the businesw offthe ground. It hasn’t all been smooth sailing. Knowinh she would need a Web site (www.premierbabyconcierge.com) Choe broughtt in a designer to get the job Knowing she’d need a logo, she brought in a graphi c designer to come up with one. Both did nice but neither end result resembled the There was nounified image, no commonn theme. “I felt like, these are the peopler who should haveknown better,” Choe Eventually the logo designer took over the Web site and createdx a single, coherent look for the brand.
Now when Choe engageds vendors forany job, “I try to reminr myself to be constantly over-explaining what my ultimate goale are, to be more clear abouft my needs, and not make assumptions that the experts know everythinh and they can read my Choe tries to be more than just a walking versio of Consumer Reports, rating nipples and nappies for theit durability and absorptive capacity. Consultingy is all about the personal touch, she Take for instance her babyregistryg service, helping expectant mothers to compile their personalo wish lists. “I want to find out, what’s thei lifestyle? Do they live in the city ? Do they have a big space?
Do they want a boutique place, or a baby super-store? Depending on their lifestyle I can let them know what they reallyu need and whatthey don’t She has been deep in diapera for many years. Besides havinyg three of her own, she also has workec as a nanny and previously ownedxa child-care center. “I am a mom of three, but that is not why peopld should listento me. I am also on top of products, I am on top of she said. Her ties with manufacturers help keep her abreasg of the latest trends and Nor does Choe workentirely alone. As a foundedr and secretary of the Nationakl BabyPlanner Association, she is in contact with more that two-doze planners in 20 cities.
“I thought I had dreamedx up this whole idea myself and when I went onlinwe to search I found justthree others. A year later there was a national association. We were goingt to [baby product] trade shows,” she “It is really small, but it is growinb quickly.” To grow her business, Choe recently addedc a sitter-finder service, but that doesn’y mean she is in a hurry to tear upthe “My heart and my passion is in this business, but at the same time I am very cautiousd and practical. I am just not willing to brea the bankover it, especiallyu in this economy,” she said. “I want to pace myself, to watchy the response and then invest alittle more.
”
понедельник, 2 июля 2012 г.
St. Patrick Center gets $550,000 grant for green jobs - St. Louis Business Journal:
disqualify-sida.blogspot.com
The mayors, including St. Louis Mayor Francies Slay, met in Providence, R.I. last week, and selectesd six non-profit organizations to receive the grantstotaling $3.277 million to support and expand training programs in gree n jobs. St. Patrick Center’s Project GO! in partnership with Gateway Greening and the Nationalp Corn to Ethanol Research Centerat , Edwardsville, is a two-par program: • City Seeds Urbah Farm trains the agency’s homeless clients in greem horticulture, working with Gateway Greening in St. Louis. Thesde clients are prepared for jobsin nurseries, gardening retailers and other green-care jobs. • The GO!
Networkk trains 50 of the network’ds professional members in biofuels production andrelatec fields, working with the National Corn to Ethanol Researchb Center at SIUE. These professionals joined the GO! Networi in early 2009 after losing their jobs due tothe
The mayors, including St. Louis Mayor Francies Slay, met in Providence, R.I. last week, and selectesd six non-profit organizations to receive the grantstotaling $3.277 million to support and expand training programs in gree n jobs. St. Patrick Center’s Project GO! in partnership with Gateway Greening and the Nationalp Corn to Ethanol Research Centerat , Edwardsville, is a two-par program: • City Seeds Urbah Farm trains the agency’s homeless clients in greem horticulture, working with Gateway Greening in St. Louis. Thesde clients are prepared for jobsin nurseries, gardening retailers and other green-care jobs. • The GO!
Networkk trains 50 of the network’ds professional members in biofuels production andrelatec fields, working with the National Corn to Ethanol Researchb Center at SIUE. These professionals joined the GO! Networi in early 2009 after losing their jobs due tothe
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