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The has been awarded a 5-year, 45 percent tax breako worth about $356,816. San Francisco-based Bare Escentuals is looking toinvesrt $3.7 million in a 300,000-square-fooft distribution facility it plans to leasde in Obetz. The projecyt is expected to create217 jobs. Ohio is in competitioj with Kentucky forthe project. Bare Escentuals develops and selle mineral-based cosmetics, skin-care and body-care products under the i.d. i.d. RareMinerals and Bare Escentuals brands. along with the supply-management are in line to receivre a 60 percent tax creditworth $749,597 over a 5-yeaer period. The companies propose to builda 1.
5 million-square-footf regional distribution center off Route 317 near Rickenbacket International Airport. Penske Logistics expects to creatwe 199 jobs within the first three yeardof operation, while Whirlpool will relocat e 70 workers from its Clyde, Ohio, facility. Ohio is in competitioj with Kentucky and Iowa forthe $75 milliohn project. , a suburban Dallas-based producer of materiala using nanotechnology, is slated to receivde a 5-year, 60 percent tax credit worth abouty $856,745. Zyvex has identified an unspecifiefd Columbus site for a researcbh and development facility and headquartersemploying 97, according to the It plans to invest at leasf $3 million in fixed assets, includinh $2.
3 million in machinery and got a 7-year, 50 percenf tax break worth $129,413 to build a 50,000-square-foot ethanol production facility in Marion. Ohio is in competition with Indianaz and Michigan forthe $130 million project. The statre expects the project to create41 jobs.
четверг, 31 мая 2012 г.
среда, 30 мая 2012 г.
Tiger Woods hangs out with fans, virtually - USA TODAY
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USA TODAY | Tiger Woods hangs out with fans, virtually USA TODAY By Steve DiMeglio, USA TODAY DUBLIN, Ohio â€" Tiger Woods played a practice round at the Olympic Club on Tuesday, site of the upcoming US Open. Then he took to Google+ and hung out with some fans and took questions from a variety of people, including NBC ... |
понедельник, 28 мая 2012 г.
Recovery report: Most small businesses don
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The survey found that 90 percent plan to cut businesws expenses and 23 percent expect they will lay off employees durinfg the nextsix months. Only 26 percent expectr sales to increase, half the percentage who expected sales gains ayear ago. Nearly half expecr profits will decrease in thenear term. “These findingsd support PNC’s forecast that the U.S. economy will continu e to suffer into the second half ofthe year,” said PNC Chie f Economist Stuart Hoffman. It will be 2010 before the economhgets “real traction from the various federal policy stimulud initiatives,” Hoffman said. If the recessionn continues over the next six 43 percentof U.S.
companiees probably will make across-the-board budget cuts. That’s accordingv to a new poll by the . The next most likelh step would be to reduce staff through while 40 percent of human resource executives said hiring freezes woul d be putinto place. Freezing employee wages was followed by cuts inemployee bonuses. Only 24 percent expect layoffs. Layoffz “are becoming more of a last optiohn that many business leaderswoulsd take,” said SHRM President and CEO Laurencde O’Neil. “This finding underscores the seriousness of the recession as many companiesd find they cannot survive without some degreeof layoffs.
” More than 70 percenr of the CEO of America’s largest companie s expect to reduce employmengt at their businesses over the next six months, accordin to a survey by the Business Roundtable. Two-thirds expecy a decline in sales andcapital spending. The wantsd help from the public, including small on developing a plan to ensurw that all Americans have accesssto broadband. The economic stimulus legislation directed the FCC to presentg the plan to Congressby Feb. 17, a year after the bill was signedinto law.
The FCC is solicitinvg comments on the best ways to ensure universaplbroadband access, strategies for making it evaluating the progress of broadbandf grant programs and how to use broadband to advance publiv policy goals. Comments may be filed electronicallyat www.fcc.gov/cgb/ecfs or at www.regulations.gov. The stimulus bill included $7.2 billion for grants and loans to increase broadbandc access in unserved andunderserved areas. The programs will be administeref by the andthe ’s rural developmen t program. The plans to spend $285 millioh for 17,600 fuel-efficient vehicles, including 2,500 hybri d sedans, by June 1.
Money for these purchases, as well as $15 millio for advanced technology vehicles suchas all-electri vehicles, will come from funds appropriated in the economic stimulus package. GSA will use existing contractswith , and for thesed orders. President Obama said these purchasesare “part of our commitmentt to the American auto industry” and he was GSA “moved swiftly to acceleratee this purchase.” The distributed $197 millionm in economic stimulus funds to state s and Indian reservations for use in cleaning up underground storage tank petroleum leaks.
Theser leaks could seep into soil and contaminatwground water, which is a majod source of drinking EPA estimates about 1,600 sites will be cleanedf up as a result of the “EPA is putting people to work by servin our core mission of protecting huma n health and the environment,” said Administrator Lisa
The survey found that 90 percent plan to cut businesws expenses and 23 percent expect they will lay off employees durinfg the nextsix months. Only 26 percent expectr sales to increase, half the percentage who expected sales gains ayear ago. Nearly half expecr profits will decrease in thenear term. “These findingsd support PNC’s forecast that the U.S. economy will continu e to suffer into the second half ofthe year,” said PNC Chie f Economist Stuart Hoffman. It will be 2010 before the economhgets “real traction from the various federal policy stimulud initiatives,” Hoffman said. If the recessionn continues over the next six 43 percentof U.S.
companiees probably will make across-the-board budget cuts. That’s accordingv to a new poll by the . The next most likelh step would be to reduce staff through while 40 percent of human resource executives said hiring freezes woul d be putinto place. Freezing employee wages was followed by cuts inemployee bonuses. Only 24 percent expect layoffs. Layoffz “are becoming more of a last optiohn that many business leaderswoulsd take,” said SHRM President and CEO Laurencde O’Neil. “This finding underscores the seriousness of the recession as many companiesd find they cannot survive without some degreeof layoffs.
” More than 70 percenr of the CEO of America’s largest companie s expect to reduce employmengt at their businesses over the next six months, accordin to a survey by the Business Roundtable. Two-thirds expecy a decline in sales andcapital spending. The wantsd help from the public, including small on developing a plan to ensurw that all Americans have accesssto broadband. The economic stimulus legislation directed the FCC to presentg the plan to Congressby Feb. 17, a year after the bill was signedinto law.
The FCC is solicitinvg comments on the best ways to ensure universaplbroadband access, strategies for making it evaluating the progress of broadbandf grant programs and how to use broadband to advance publiv policy goals. Comments may be filed electronicallyat www.fcc.gov/cgb/ecfs or at www.regulations.gov. The stimulus bill included $7.2 billion for grants and loans to increase broadbandc access in unserved andunderserved areas. The programs will be administeref by the andthe ’s rural developmen t program. The plans to spend $285 millioh for 17,600 fuel-efficient vehicles, including 2,500 hybri d sedans, by June 1.
Money for these purchases, as well as $15 millio for advanced technology vehicles suchas all-electri vehicles, will come from funds appropriated in the economic stimulus package. GSA will use existing contractswith , and for thesed orders. President Obama said these purchasesare “part of our commitmentt to the American auto industry” and he was GSA “moved swiftly to acceleratee this purchase.” The distributed $197 millionm in economic stimulus funds to state s and Indian reservations for use in cleaning up underground storage tank petroleum leaks.
Theser leaks could seep into soil and contaminatwground water, which is a majod source of drinking EPA estimates about 1,600 sites will be cleanedf up as a result of the “EPA is putting people to work by servin our core mission of protecting huma n health and the environment,” said Administrator Lisa
воскресенье, 27 мая 2012 г.
Watson Wyatt to merge with Towers Perrin in $3.5B deal - Houston Business Journal:
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the companies announced June 28. The deal is valued at about $3.5 billion, bases on Arlington-based Watson Wyatt’s (NYSE: WW) closinbg stock price Friday, and will create one of the largesr HR consulting firms in the nation with estimatecd revenuesof $3 billion. The which both have a Houston are billing the deal asa “mergedr of equals,” which will leave Watson Wyatt CEO John Haleyy as CEO of the combinecd company and Towers Perrin CEO Mark Mactasa as president. The combined company will be looking for a new which will likely not be in the Washington area or inTowerxs Perrin’s home turf of Stamford, Conn., a company spokesman Watson Wyatt has some 500 to 600 D.C.
area It’s not clear how many of those workers woulc move to thenew headquarters. “The combination of Towerzs Perrin and Watson Wyatt into Towers Watsoj will create one ofthe world’es leading professional services firms, well positioned for sustainedc growth and profitability across all geographiesa and business segments,” Haley said in a statement. “Towerws Watson will have tremendous global reacyh and service breadth to meet the growingf needs ofthe world’s largest multinationak corporations.
As we provide more value for our clients, we in turn creatw value for our people and our Under the terms ofthe agreement, Watson Wyattg shareholders will be entitled to receive 50 percentf of the combined company’s shares on a fulluy diluted basis. Towers Watson sharesz issued to Watson Wyatt shareholders in the merger will befreelt tradable, the companies said. Shareholders of privately heldTowers Perrin, who are all activee employees of Towers Perrin, plus a groupp of Towers Perrin employees to be designatede to receive certain equitty incentive awards, will be entitled to receive 50 percentr of the combined company’s shares on a fully diluted basis.
Towers Watson shares issued to Towersz Perrin shareholders will be restricted shares that become freely tradabl over a period of one to four The companies aim to get shareholder approvakl in the fourth quarter and to close the dealshortlyu thereafter. Watson Wyatt specializes in employee benefits consultinyg and advises pension plan sponsors and other institutionas oninvestment strategies. It has 7,70p0 employees in 34 countries. Conn.-based Towers Perrin provides management of riskand finances. It also works in the areaws of humancapital strategy, program design and management, risk and capital insurance and reinsurance intermediary services, and actuarial consulting.
It has 6,3000 employees located in 26 countries.
the companies announced June 28. The deal is valued at about $3.5 billion, bases on Arlington-based Watson Wyatt’s (NYSE: WW) closinbg stock price Friday, and will create one of the largesr HR consulting firms in the nation with estimatecd revenuesof $3 billion. The which both have a Houston are billing the deal asa “mergedr of equals,” which will leave Watson Wyatt CEO John Haleyy as CEO of the combinecd company and Towers Perrin CEO Mark Mactasa as president. The combined company will be looking for a new which will likely not be in the Washington area or inTowerxs Perrin’s home turf of Stamford, Conn., a company spokesman Watson Wyatt has some 500 to 600 D.C.
area It’s not clear how many of those workers woulc move to thenew headquarters. “The combination of Towerzs Perrin and Watson Wyatt into Towers Watsoj will create one ofthe world’es leading professional services firms, well positioned for sustainedc growth and profitability across all geographiesa and business segments,” Haley said in a statement. “Towerws Watson will have tremendous global reacyh and service breadth to meet the growingf needs ofthe world’s largest multinationak corporations.
As we provide more value for our clients, we in turn creatw value for our people and our Under the terms ofthe agreement, Watson Wyattg shareholders will be entitled to receive 50 percentf of the combined company’s shares on a fulluy diluted basis. Towers Watson sharesz issued to Watson Wyatt shareholders in the merger will befreelt tradable, the companies said. Shareholders of privately heldTowers Perrin, who are all activee employees of Towers Perrin, plus a groupp of Towers Perrin employees to be designatede to receive certain equitty incentive awards, will be entitled to receive 50 percentr of the combined company’s shares on a fully diluted basis.
Towers Watson shares issued to Towersz Perrin shareholders will be restricted shares that become freely tradabl over a period of one to four The companies aim to get shareholder approvakl in the fourth quarter and to close the dealshortlyu thereafter. Watson Wyatt specializes in employee benefits consultinyg and advises pension plan sponsors and other institutionas oninvestment strategies. It has 7,70p0 employees in 34 countries. Conn.-based Towers Perrin provides management of riskand finances. It also works in the areaws of humancapital strategy, program design and management, risk and capital insurance and reinsurance intermediary services, and actuarial consulting.
It has 6,3000 employees located in 26 countries.
пятница, 25 мая 2012 г.
Blast Energy Provides Operational Update
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The first two weeks encountered severak mechanical andequipment problems, which preventex any lateral jetting operations from beinvg performed. To remedy the issues, Blastt has replaced its Operations Manager withCharlesa "Buster" Watkins and has successfully implemented several equipmentf changes and upgrades to avoid future "We believe that replacing the Operations Managerd with a more experienced hand along with certaibn upgrades to our equipment will allow us to move forwardd with jetting operations this week," said John O'Keefe, President and CEO of "We are striving to offer a jettinbg process that has proven to be successfup in the Austin Chalk formation in Soutu Texas and are certainly frustrated by thes issues impeding our progress.
" The mechanical issuews included the main rig engine overheatinv (repaired), the main triplex pump failinb to deliver sufficient fluid volumeas (upgraded), deficiencies in the construction of the flexible hose an electronic sensor failure in the boom trucl engine (returning to service today), and an incorrect alignmeny of the weight indicator on the rig (waitingh on boom truck). It became clear during the process that the mechanica l problems were not being fully resolved or wererepeatingf themselves, so a change in leadershil became necessary.
Blast deployed their proprietary appliedc fluid jetting rig to Kentucky in May to begin working toward cash for services contracts and a productiohsharing contract. Mr. Watkins has over thirtty years of oilfield experience, includin working as a roustabout, pumper, maintenance foreman and coiled tubinbg operator. For the past eighteen years he had been employed by Schlumbergef where he became proficient in coiled tubing operations and supervised the operationss of a four unit coiledxtubing fleet.
This press releaser contains forward-looking statements within the meaning of the Privatde Securities Litigation Reform Act of1995 (the In particular, when used in the precedingb discussion, the words "believes," "expects," "intends," "plans,"" "anticipates," or "may," and similar conditional expressionsw are intended to identify forward-lookinf statements within the meaning of the Act, and are subjectr to the safe harbod created by the Act. Any statements made in this news releass other than those ofhistoricalp fact, about an action, event or development, are forward-lookinfg statements.
Forward looking statements involve knownb and unknown risksand uncertainties, whicg may cause the Company's actual results in future periods to be materially different from any futurs performance that may be suggestedf in this release. Such factors may includr risk factors including but notlimitefd to: the likelihood that the customer lawsuits result in meaningful proceeds, the ability to raise necessary capital to fund growth, adequate liquidity to managew operations and debt obligations, the introduction of new services, commerciao acceptance and viability of new services, fluctuations in customer demanrd and commitments, pricing and competition, reliance upon lenders, contractors and the ability of Blast Energy Services' customerw to pay for our together with such other risk factors as may be include d in the Company's filings on its periodidc filings on Form 10-K, 10-Q, and othee current reports.
Blast Energy Services, Inc. takesx no obligation to update orcorrecr forward-looking statements, and also takes no obligation to update or correc t information prepared by third parties that are not paid for by SOURCE Blast Energy Services, Inc.
The first two weeks encountered severak mechanical andequipment problems, which preventex any lateral jetting operations from beinvg performed. To remedy the issues, Blastt has replaced its Operations Manager withCharlesa "Buster" Watkins and has successfully implemented several equipmentf changes and upgrades to avoid future "We believe that replacing the Operations Managerd with a more experienced hand along with certaibn upgrades to our equipment will allow us to move forwardd with jetting operations this week," said John O'Keefe, President and CEO of "We are striving to offer a jettinbg process that has proven to be successfup in the Austin Chalk formation in Soutu Texas and are certainly frustrated by thes issues impeding our progress.
" The mechanical issuews included the main rig engine overheatinv (repaired), the main triplex pump failinb to deliver sufficient fluid volumeas (upgraded), deficiencies in the construction of the flexible hose an electronic sensor failure in the boom trucl engine (returning to service today), and an incorrect alignmeny of the weight indicator on the rig (waitingh on boom truck). It became clear during the process that the mechanica l problems were not being fully resolved or wererepeatingf themselves, so a change in leadershil became necessary.
Blast deployed their proprietary appliedc fluid jetting rig to Kentucky in May to begin working toward cash for services contracts and a productiohsharing contract. Mr. Watkins has over thirtty years of oilfield experience, includin working as a roustabout, pumper, maintenance foreman and coiled tubinbg operator. For the past eighteen years he had been employed by Schlumbergef where he became proficient in coiled tubing operations and supervised the operationss of a four unit coiledxtubing fleet.
This press releaser contains forward-looking statements within the meaning of the Privatde Securities Litigation Reform Act of1995 (the In particular, when used in the precedingb discussion, the words "believes," "expects," "intends," "plans,"" "anticipates," or "may," and similar conditional expressionsw are intended to identify forward-lookinf statements within the meaning of the Act, and are subjectr to the safe harbod created by the Act. Any statements made in this news releass other than those ofhistoricalp fact, about an action, event or development, are forward-lookinfg statements.
Forward looking statements involve knownb and unknown risksand uncertainties, whicg may cause the Company's actual results in future periods to be materially different from any futurs performance that may be suggestedf in this release. Such factors may includr risk factors including but notlimitefd to: the likelihood that the customer lawsuits result in meaningful proceeds, the ability to raise necessary capital to fund growth, adequate liquidity to managew operations and debt obligations, the introduction of new services, commerciao acceptance and viability of new services, fluctuations in customer demanrd and commitments, pricing and competition, reliance upon lenders, contractors and the ability of Blast Energy Services' customerw to pay for our together with such other risk factors as may be include d in the Company's filings on its periodidc filings on Form 10-K, 10-Q, and othee current reports.
Blast Energy Services, Inc. takesx no obligation to update orcorrecr forward-looking statements, and also takes no obligation to update or correc t information prepared by third parties that are not paid for by SOURCE Blast Energy Services, Inc.
четверг, 24 мая 2012 г.
вторник, 22 мая 2012 г.
Atlas Pipeline and Williams launch Marcellus Shale venture - Houston Business Journal:
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The two companies LLC, on April 1 . Atlas Energyt Resources LLC (NYSE:ATN), an affiliatew of Atlas Pipeline Partners, will be the anchor tenantf onLaurel Mountain’s system. Underd its agreement with Tulsa, Okla.-basec Williams (NYSE:WMB), Atlas Pipeline Partners (NYSE:APL) will receive $90 millionb in cash, a preferred righf to proceeds undera $25.5 million obligation from and 49 percent of Laurelk Mountain.
The obligation amortizes in equal principal installments over three Atlas Pipeline Partners can convert its righr to receive accrued principalk and interest under the obligation into a sum equal to the accrued principal and interest and use that to covert its required capital expenditures underthe joint-venture Atlas Pipeline Partners also said its lenders recently agreef to relax the covenants relating to totakl debt and earnings before interest, taxes, depreciation and amortizationn on its $380 million revolving credit line and $463 million term loan facility.
Additionally, , whicn owns the general partner of AtlasPipelinre Partners, said Monday it has repaid $30 milliohn on its credit facility and will pay down the remainin $16 million balance in equal quarterlyh installments over the next Atlas Pipeline Holdings (NYSE:AHD) got the $30 milliob it used to pay down the facility by issuing $15 million of preferred limited partner unita to Atlas Pipeline Partners and by borrowinhg $15 million from Atlas America Inc., which owns Atlas Pipeline general partner and 64 percentt of its common units. Atlas America (NASDAQ:ATLS) also guaranteex that Atlas Pipeline Holdings will repay theremaining $16 millionj on its credit facility.
The Atlas companiees have offices in Philadelphisand Moon, Pa.
The two companies LLC, on April 1 . Atlas Energyt Resources LLC (NYSE:ATN), an affiliatew of Atlas Pipeline Partners, will be the anchor tenantf onLaurel Mountain’s system. Underd its agreement with Tulsa, Okla.-basec Williams (NYSE:WMB), Atlas Pipeline Partners (NYSE:APL) will receive $90 millionb in cash, a preferred righf to proceeds undera $25.5 million obligation from and 49 percent of Laurelk Mountain.
The obligation amortizes in equal principal installments over three Atlas Pipeline Partners can convert its righr to receive accrued principalk and interest under the obligation into a sum equal to the accrued principal and interest and use that to covert its required capital expenditures underthe joint-venture Atlas Pipeline Partners also said its lenders recently agreef to relax the covenants relating to totakl debt and earnings before interest, taxes, depreciation and amortizationn on its $380 million revolving credit line and $463 million term loan facility.
Additionally, , whicn owns the general partner of AtlasPipelinre Partners, said Monday it has repaid $30 milliohn on its credit facility and will pay down the remainin $16 million balance in equal quarterlyh installments over the next Atlas Pipeline Holdings (NYSE:AHD) got the $30 milliob it used to pay down the facility by issuing $15 million of preferred limited partner unita to Atlas Pipeline Partners and by borrowinhg $15 million from Atlas America Inc., which owns Atlas Pipeline general partner and 64 percentt of its common units. Atlas America (NASDAQ:ATLS) also guaranteex that Atlas Pipeline Holdings will repay theremaining $16 millionj on its credit facility.
The Atlas companiees have offices in Philadelphisand Moon, Pa.
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