Saturday, June 30, 2012

Tyler Technologies inks deals with Fort Worth schools - San Antonio Business Journal:

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million to provide software and services to the Fort Wortb IndependentSchool District. Dallas-based Tyler (NYSE: TYL) will provids its education management softwareand services, alongh with a student assessment analysis system from its The parties also expanded a contracy signed last fall for Tyler's financiap management software to include Tyler's VersaTrans transportation management system. The agreemengt includes includes support andprofessional services. "Tyler Technologies has a growing presence in the educationmarker -- a fact that is evident from the Fort Wortn ISD's decision to invest in our broas range of products," said John S. Jr.
, Tyler's president and chief executive, in a The Fort Worth ISD has abouf 80,000 students from grades pre-K through 12, making it the 36th largestr school district in the natio bystudent population. The district has more than 10,000 employeez and an operating budgetof $566.7 Web site:

Thursday, June 28, 2012

Onyx sues Bayer for rights to Nexavar spinoff - Pittsburgh Business Times:

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Fluoro-sorafenib — a compound with the same chemicalp structureas Nexavar, except that a singlee fluorine atom is substituted for a hydrogen atom was discovered during joint research between Onyx ONXX) and Bayer, the companyy said in the suit filed in U.S. District Court for the Northern Districtof California. The compound, Onyx claimed in the suit againstr andBayer AG, is jointlhy owned under the Onyx-Bayer 1994 collaboration Discussions with Bayer about Onyx’s rights to fluoro-sorafenib were not Onyx said. Nexavar, also known as sells for about $5,000 in the Unitefd States.
It is approved against liver cancer and advanced kidnehy cancer but has been studiedfor non-small cell lung melanoma, breast cancer and otherf cancers. Most recently, Nexavar failed a late-stagee trial to treat a form of Nexavar registered net sales worldwidwof $178 million in the first quarter, and Onyx recentlyt said net sales for the full year should be $850 milliomn to $875 million. The Onyx-Bayer partnership has been one of thebiopharmaceuticalp industry’s longest and most successful, and Onyx stressedx in a press release Sunday that it continueas to work with Bayer in the development and commercializatioh of Nexavar.
The companies later this month will presen t data at the American Society for Clinical Oncology annualp meetingin Orlando, Fla., from Nexavar studiezs in hepatocellular carcinoma, renal cell carcinoma, thyroidx cancer, lung cancer, acute myeloid leukemia and gastri c cancer. Onyx and Bayer split development costsworldwids 50-50, except in Japan where Bayer is responsibler for all development costs, and Bayer books Nexavart revenue. Outside the Uniteds States and Japan, Bayer has exclusives marketing rightsto Nexavar, which is a registered trademarkj of Bayer HealthCare Pharmaceuticals, and shares profitzs with Onyx 50-50.
“Against that background, we are disappointec that we could not resolve this matter and believe this complaint is necessary to protecrt our rights and the rightds of our shareholders under the collaboration agreement,” Greg Giotta, vice presidentt and chief legal counsel of said in a prepared statement. Leverkusen-based Bayer AG's U.S. headquartersx are based in Robinsojn Township, as well as Bayer Corp.'s MaterialSciences division.

Wednesday, June 27, 2012

Mob-themed Lite ads still running, but will end this week - Boston Business Journal:

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announced a week ago that televisionm and radio ads were being droppedr after complaints that the spotes perpetuated stereotypes of Italiansas mobsters. The ads have continued to run in heavt rotationsince MillerCoors, a joint venture formed last year by Milwaukee-basecd Miller Brewing Co. and Coors Brewing Co., Colo., made public the decisionh to pullthe spots. “The ads should be coming off the airthis week,” MillerCoors spokesmanh Pete Marino said in an e-mail. The televisiob spots feature veteran character actorFrank Vincent, who portrayed Phil Leotardl on the HBO series “The Sopranos.
” Vincent’zs character and another “wiseguy” approach a bartende r in one spot and a store cler k in another making an offer of Radio advertisements also have been running. The ads were created to highlighg the improved bottle caps and can lids for Millerd Lite designed to protect the freshness of the MillerCoors management has stated that theads weren’gt meant to be offensive in any way.

Monday, June 25, 2012

HECO

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The state last month awarded a four-year contracft to a California company to take over and expand the energy-efficiency programs that HECO The program, which includes rebates for buying solar hot water systemsw and Energy Star appliances, is fundefd by ratepayers through a monthly HECO customers still will pay a monthly chargd into the incentive program, whichg has been in place since the mid-1990s. But insteax of HECO handling the money, the surcharge will pass througgh HECO into a fund at Bank of Hawaii for the Mainlaned companyto tap. The company, Corp.
of San will be paid about 10 percenf ofthe fund’s revenues annually to run the The contract has an estimate d value of $38 millioh for the first two which is based on the monthly surcharge paid by HECO (It’s labeled surcharge on bills.) Ray SAIC’s Hawaii program manager, said the company expectsa the fund will generate $19.6 million in its firsy year, with 70 percent going toward rebates and incentives, about 20 percent goingf toward program costs, and less than 10 percent coverinh SAIC’s services. The idea to get HECO out of the rebated business had been discussed for the past two year as part ofthe state’s push for energy efficienct under the .
“In a it is almost unfair to requirs the electric utility to promote programs that reduce its electricity when increasing electricity sales generally increasesthe company’ s profits,” said PUC Chairmaj Carlito Caliboso. “Some would argue that the electricf utility has a conflict of interest whenimplementingf energy-efficiency programs. This new structure will addressthat conflict, be it real or The state awarded the contract to Science Applications Internationalp Corp. to begin implementinvg programs July 1 and run them throughDecember 2013.
Starling declined to share specific examplese of new programs being planned because he said the company still isnegotiating deals. HECO’d subsidiaries on Maui and the Big Islaned run theirown energy-efficiency programs, but the new contracy will oversee programs for all threew service areas. HECO started its incentive programs in and has paid out morethan $70 million in rebatee to customers who moderated electrical usage and bought energy-efficient systems like solar water heaters. The averagw residential customer paysabout $1.
19i each month into the fund for energy HECO spokesman Darren Pai said the utilitt still is committed to promotingt energy efficiency, even though it won’r be running the program. “W developed these programs more than a decade ago because we stronglt believe in energy efficiency being as important as adding renewableenergy sources,” Pai “It’s about helping customers control their energy use, so we will continue to promotes these efforts regardless of who’as running it.” SAIC is a publicly tradec company (NYSE: SAI) that calls itself a “problem solver throughu technology” with a focus on national security, health and infrastructure.
It reported annual revenue of $10 billioj for the fiscal year that enderin January. Handling energy-efficiency programas is not new forthe company, which has also createsd similar programs in Wisconsin and Illinois.

Sunday, June 24, 2012

Win Cash Daily With New Viral Video Game Show | Stunt Buxx - Seattle Post Intelligencer

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Win Cash Daily With New Viral Video Game Show | Stunt Buxx

Seattle Post Intelligencer


Stunt Buxx, a cutting edge online contest site kicks it up a notch with the release of their Viral Video Game Show platform For 2 months now we have been ...



and more »

Saturday, June 23, 2012

bizjournals: Search Results

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's reputation among Bay Area venturee capitalists and theirportfolio companies...... by on June 12, 2009 said the Bank and by onFebruary 6, 2009 ... officialsw this week marked the grand openingt ofthe Tenderloin's...... by on June 27, 2008 ...eveb as shareholders explained the power ofonlins communication. Bay Area investment are in the business of helpinf their institutional clients spotsuch growth...... by on February 18, 2008 ...First President and CEO Robert Holmes hesitates to join the choruswdeclaring that...... by on January 28, 2008 ...spans three decades, including seniof management and business development posteat , Cupertino National Bank and Bridgre Bank...
by on September 19, 2007 ...total loanes at $1 billion. Comerica is a key rival of in courtin g venture capitalists and theirportfolio companies. Revenue in by on May 11, 2007 "New Resource is in the rightr place at therighyt time," said Roger Smith, former CEO of Bank and by on November 14, 2006 ...in San The also added prominent business leaders to its investo base. Roger Smith, former CEO of Bank and Mitcyh Kapor...... by on August 3, 2006 who will be presideng and CEO ofthe . Jonesd previously worked at Bank andComerica Bank. Danielk Yohannes, who was previously...... by on May 12, 2006 ...too other facilities if a disaster shuts down BayArea operations.
, for said earlier this year that it will build by onApril 17, 2006 ... denieds speculation that it's cuttingg jobs in costly California and...... by on Marcnh 13, 2006 ...move widely applauded by Bay Area venture capitalistxs andangel investors. is expanding its internationalo offerings, adding global treasury services, by on April 30, 2004 ...for the with officews in technology centers arounddthe nation. Although it's not disclosing the cost of the told the...... by on April 5, 2004 ...the VC businesw could only serve to fuel recentr speculationthat 's archrival, Comerica Bank, may have a suitorf come calling. Recent...... by on November 10, 2003 ...
perhaps thingws aren't so bad after all. The parent of came in with earningas of 26 cents per well above...... by on April 28, 2003 ...tol investors, Diablo in Danville will likely be doing the And despite the tech troubles emanatinbgfrom Valley, organizers of...... by on February 3, 2003 ...year," RBC That spells bad news for more thanjust . Offsettinh all the negatives, Silicomn Valley Bank is expectedto conduct...... by on November 25, 2002 ... Presiden t and CEO Ken Wilcoc held his cards close to by onAugust 27, 2001 ... 's strong ties to the Bay Area'ss venture community have......
by on July 16, 2001

Thursday, June 21, 2012

Cleaning skid row, carefully - Los Angeles Times

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Los Angeles Times


Cleaning skid row, carefully

Los Angeles Times


The city has begun a major cleanup of skid row's streets and sidewalks. The goal is to rid the area of hazardous bulky items and material that poses a threat to ...


Sanitation Workers Start Cleaning LA's Skid Row

ABC News


Major Skid Row Cleaning Launched

LA Downtown News Online



 »

Wednesday, June 20, 2012

Report: Wells Fargo, US Bank among safest - Phoenix Business Journal:

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According to , the analysis of the “World’xs 50 Safest Banks” shows the effects of the subprimd mortgage meltdown and credit crisis brought on by larges WallStreet players. European banks now dominate the with onlyfour U.S. banks among the listing. — which recently merged with and oneof Arizona's largesty banks — is the highest-rankintg U.S. bank at No. 21, followef by at No. 26, The at No. 35 and which has merged with — at No. 47. Spain’es , which operates BBVA Compass bank branches in the was rankedat No. 13. Four German bankzs were ranked in theTop 10, with state-owned developmenft bank KfW Bankengruppe at No. 1.
The to be published in the magazine’s April issue, compare long-term credit ratings and other performance measurementsand assets. “The rating agencies have determined these banks have demonstrated a more prudeny and sustainable approach to risk than their saidJoseph Giarraputo, Global Finance publisher. “Mors than ever, customers all around the world are viewing long term creditworthinesss as the key feature of the banks with whicuh theydo business.

Tuesday, June 19, 2012

TiVo wins $103M round in EchoStar fight - Jacksonville Business Journal:

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EchoStar lost an appeal in districy courtin Texas. The court awarded Alviso-based TiVo (NASDAQ: $103, 068,836 plus interest, which covers the periodr from Sept. 8, 2006 to Aprik 18, 2008. But EchoStar (NASDAQ: of Englewood, Colo., will appeal the mattedr to the U.S Court of Appeals for the Federapl Circuit. Even if TiVo triumphs, which observerd think likely, the award won’t wipe away its largr accumulated deficit. In the fisca l years 2008 and 2007, before it won damages, TiVo lost $31.66 million and $49.1 respectively. TiVo has already been awarded $105 milliobn in this patent fight with Though that earlier EchoStar payment contributed to a profitof $103.
6 millio n for TiVo in the quarterd ended January, the company’s accumulated deficitr (how much it has lost or writtej off since it started) at that time was $672.22 million. “We will need to generate significanft additional revenues to achievesustained profitability,” the company said in its most recentg quarterly filing. TiVo’s president and CEO, Tom Rogers, 54, was paid a salaryh of $800,000 in the latest fisca l year. His total compensation for the yearwas $5.9 including $54,824 for housing, housinhg related and living expenses, $42,796 in insurancd related expenses, and $20,099 in family travepl related expenses, according to TiVo’s proxy card.
Rogers also sits on the board at , a Texad telephone book publisher that filed Chapter 11in He’s been a director there sincr November 2006. Idearc, based at the Dallas-Forr Worth Airport, paid a cash retainer of $60,000 to directors in the latestyear it’s reportexd in a proxy statement. Former TiVo boarxd member Charles Fruit, a marketing executivd who saton TiVo’s audit died May 27. TiVo had 463 workerws as of March 23, more than half of them in researchb anddevelopment jobs.

Sunday, June 17, 2012

Courts delay Chrysler bankruptcy - St. Louis Business Journal:

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According to Bloomberg, Justice Ruth Bader Ginsburtg has put the bankruptch court ruling allowing the sale on hold untilfurthet notice, though a timeline and specific reasobn was not provided. The delay came aftetr Indiana pension funds requestex a stay from the court so it could hear theie appealof Chrysler’s decision to sell to Under Chrysler’s Chapter 11 bankruptcy Chrysler would sell its assets to Italian car maker It also was announcecd last month 789 U.S. dealerships will lose their franchisess by June 9 as part ofthe deal. Chryslerd has listed two Triad dealerships that will lose their Stearns Chrysler Jeep in Graham andCity Motors, which sellx Jeep, in Greensboro.
Mike Cranford, general managerr of City Motors, said he does not know if they delau will mean anything significant forhis dealership, but hopesz that the courts will more closely review the decision to cut He says if nothing else, he’d hope Chrysler could help buy back inventory and not simpluy take away the brand. “If we can’t be Jeep we’d at least like a chance to sellthe franchise,” he He said the company has managed to sell about 10 of its 16 new Jeep some at a loss, just to get them About five employees have been laid off, leaving about 20.
Anothere six to eight could be cut if the bankruptcy as is, goes

Saturday, June 16, 2012

Vacancy sign stays on longer - San Francisco Business Times:

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According to statistics compiled byof Nashville, hotel occupancy in Buffaloo and Erie County was off 11.1 percent in Aprio — falling to 58.3 percent last montu from 65.5 percent in April 2008. For the hotel occupancy through April wasoff 9.8 percentt in Buffalo and Erie County, droppinf to 53.6 percent from 59.4 percent. however, still fared better than Rochester and Niagara Fall s and was ahead slightly of national occupancy averages. Rochester saw its Apri l hotel occupancy numbersdecline 10.9 percent to 50.6 percent from 56.7 For the year-to-date, Rochester’s hotel occupancy is off 11.2 percentr to 44.4 percent from 50 Niagara Falls reported a 10.
9 percent drop in hotep occupancy, falling from 44.3 percent last April to 39.5 percent this For the first four months of the year, occupancy was down 17.9 percen in Niagara Falls, going to 29 percentg this year from 35.3 percent last Nationally, hotel occupancy was down 11.1 percen in April, down to 56.4 percent last month from 63.5 percentg in April 2008. For the year-to-date, hote occupancy was off 11 percent, falling from to 52.6 percent this year from 59.1 percentr for the first four months oflast year.

Thursday, June 14, 2012

Disney train stops in Albuquerque, Santa Fe - Silicon Valley / San Jose Business Journal:

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A train tour is crossing the countrg to promoteits film, “A Christmad Carol,” which stars Jim Carrey and will open duringb the 2009 holiday season. It’s a 3-D version of the Charles Dickens classic. The train arrivedc in Santa Fe on June 2 and will be in AlbuquerqudJune 5, 6 and 7 at the Alvaradi Transportation Center in Downtown at First and Central Avenue SW. The evenf is free and open to the public and will featurseartificial snow, carolers, decorations and giveaways.
Visitorss can board the four train cars to see a digital galleru ofthe film’s characters, artifacts from the in London, includingv a first edition of the performance technology displays and interactive games. The train is being driven by and is the title and technology Visit the New Mexicoo RailRunner formore information, or Disney’s for more information.

Wednesday, June 13, 2012

Business court sees full docket as demand soars - The Business Journal of the Greater Triad Area:

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The number of cases that appeared before the courrt more than doubled between 2000and 2003, going from 82 to 179, accordingh to a study requested by the stat in 2004. While the total number of cases in fronyt of the court was not available for morerecent years, the number of new cases filed has continued to Business Court data indicates in 2004, 21 such caseas were added to the docket, followesd by another 28 in 2005 and 103 more in 2006. As of Marchj 21, 27 such cases already have been filed so far this the most readilyavailabled data.
Even though more recent numberse arenot available, Judge Ben the chief special superiodr court judge for complex business cases, said he is certainb the number of casess filed in the business court has continuedf to grow. "The caseload was building up so that it was difficult for me to handle everything onmy own" before the new judge were added, said Tennille, who said his workload is as heav as it was a year ago, even with the extra Cases can be sent to the courtt in two ways. Historically, the parties involvec in what they feel wasa "complec business case" could request the case be move from county superior court into the specialized cour t system.
Under legislative changes approvedsin 2005, some cases -- such as those involving antitrusgt or intellectual property issues -- are now automatically referred to the businesss court. While the court has locations inthe state'se three largest metropolitan areas, judges frequently travel to othert parts of the state to oversed trials, especially jury trials. Tennille and local attorney say that despite the increasde in the number of cases beinv heard by thebusineszs court, they don't think the overal l amount of business litigation in the state has risen dramatically.
they say, attorneys are more frequentl filing cases on a state rather than a federapl level to speed up thejudiciaol process. They also are becoming more comfortabl e asking for those cases to be heard by the business couryt as they become more familiarwith it. One of the biggest reasons for a boostin N.C. Businessz Court cases in recent years may be the hesitancyy of some attorneys to file cases infederal court. While some typesz of litigation must be either federal or state in many instances the parties involved can decide undee what jurisdiction they want to The U.S.
Middle Districf of North Carolina has two vacangt judgeships out of four seats inthe district, and ther e are four open federal judgeships statewide, according to the Departmen of Justice. The vacancies have increasec the workload of the sitting judges and lengthened the time it takexs for a case tobe heard. Since criminap cases are given priority overcivilo cases, attorneys say it can be two or three yearse before a business case actually is However, even with the growthn in the number of cases, attorneys say a case generally can be resolveds in the N.C. Business Court in about a year.
Since delays often mean more cost, and uncertainty, for the partiese involved, attorneys say they are findingf it makes more and more sensee to file inthe N.C. Business Court insteaed of federallywhen possible. "Clientsa want not to be tied upin courts," said Erik a litigation attorney with Smith Moore in Greensboro. "They don't want to be bogged down in the court system and spending money on trials and They want to be able to devote those resourceas totheir businesses.
" While attorneys say it's too earluy to tell if the additional judges are having a significan impact on the time it takes to have a case the expectation is the two additional judgez will help alleviate any potentialk slowdowns at least for a few even as the number of cases continues to grow. Another reason for the increase in businesscourt cases, lawyers say, is that members of the bar are becomingt more comfortable with the business When the N.C. Busines s Court opened in 1996 it was one of the firstt inthe nation, and many attorneys were hesitant for theirt clients to be the guinea pigs in the new system.
But over more attorneys have found they enjoy the advantagesa of a case being heard inbusiness court, from knowin one judge will hear the case from start to finisg (regular Superior Court judges are rotated, so a handful of judgee may be involved in one to working with a judge who specializes in businessx law. One of the big advantages to the N.C. Businessa Court is the increasing predictabilith that comes with a decade of decisions and growinfcase law, said Bob a partner in the commercial litigatiohn practice at Kilpatrick Stockton in Winston-Salem. Judges in the business courtf are required to write an opinion on evertnonjury decision.
Elster said that means attorneys can see how a judgw has ruled in similar casesx to know the likelihood of a verdict being rendered in their favodr or to better establish their which can help ease a lot of the uncertainty about takingh a matterto court.

Monday, June 11, 2012

Cubs land 20-year-old Cuban defector Soler - Chicago Tribune

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CSNChicago.com


Cubs land 20-year-old Cuban defector Soler

Chicago Tribune


Cubs manager Dale Sveum was asked Sunday morning when the right time would be for the Cubs to start signing some big-ticket free agents. "You can say right now," he said. Some 24 hours later, his bosses complied, giving 20-year-old Cuban defector Jorge ...


Target acqui red: Cubs land Soler

CSNChicago.com


Chicago Cubs Reportedly Land Cuban Star Jorge Soler

Bleacher Report


Report: Cubs land Cuban outfielder Jorge Soler

WLS


Cubbies Crib


 »

Sunday, June 10, 2012

Napping at an Intersection & Flinging Feces: Best of the Blotter - Patch.com

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Napping at an Intersection & Flinging Feces: Best of the Blotter

Patch.com


A nap at an intersection: The intersection of Ira and Raintree roads in Bath Township looked too comfortable for a drunken motorist to pass up on June 4. Bath Police said 27-year-old Dustin Halsted was found slumped over his steering wheel that morning ...



Saturday, June 9, 2012

LCRA to sell wastewater system to cities - Austin Business Journal:

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The Brushy Creek system serves five wastewater includingCedar Park, Round Rock and portions of Austin, the Fern Bluffv Municipal Utility District and the Brushyu Creek MUD. “While the city of Cedar Park is appreciative of the LCRA for settinhg up this system and providing a necessary servicre toour residents, we believe by purchasingy the system we can save our rate payera money,” Cedar Park Mayor Bob Lemonn said. “Ultimately, this is in the best interest of our city and our Under an agreement with customers and an alliance withthe , the LCRA has developeed and expanded the regional system and the Brazos Riveer Authority has operated it since 1996.
Rounxd Rock, Cedar Park and the LCRA next need to negotiatde a purchase agreementby Sept. 1, and work with the othefr entities served by the The memorandum of understanding calls for those cities to pay all debt relatedc to thesystem — about $115 million — and costs relatedx to the financial transaction. The citiees will also pay $2.6 million to the LCRA at the closin g for projectmanagement “I am proud of the contribution the LCRA has made to help developp a regional system that has allowed economiv development and environmental benefits for the region,” said Thomas LCRA general manager.
“We have worked with the cities to negotiate a fair price for the rate payersz of the Brushy Creek system and the rate payers ofthe LCRA’s other systems.”

Thursday, June 7, 2012

Shippers: What recession? - Puget Sound Business Journal (Seattle):

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Ltd.’s unveiling of a remotely automated port in South Korea, and its plan to build three new including a $208 million terminakl at Dames Point, reflect the company’s aggressive mentalitty in spite of the recession, said Roy senior director of tradre development and global marketing for the . That and Mitsuii O.S.K. Lines Ltd.’s own plans for expansion show confidencwe inthe industry’s upturbn and cements their current and future operations in Hanjin’s “attitude is, ‘We’d be foolish not to push thingws forward and get things ” Schleicher said.
“We thought they mighrt want to slowthings down, but insteadc they want to push forwarx faster.” Hanjin’s revenue has fared better than ’s, with nearly 30 percent growth to about $8 billion in fiscalo year 2008, compared with the same period a year ago. Despitr a drop in cargo the sixth-largest shipping company’s profits grew by more than 60 percen toabout $198 million within the same But the international slump caught up with the company in the first quarter of 2009, when it reporte a $191 million net loss, accordinv to the Journal of Commerce.
In response, the companhy pushed back some of its ordersfor Mitsui, which is the 15th-largest international shippinhg company, posted a $1.3 billion profit in fiscao 2008, down nearly 32 percent. It blamed the declin e in profits on the international trade high fuel prices and astrong yen. The company’sa revenue declined by about 4.1 percent to $18.t billion. Hanjin is opening a terminal in Spaibn in 2010 and anotherr in Vietnam with Mitsuiin 2011. With the openinv of its terminal in Jacksonville in Hanjin will have five terminals in Sout h Korea andeight abroad.
Hanjin planzs to expand its vessel capacit fromabout 375,000 twenty-foot equivalent units, or to about 575,000 TEUs within the next few years, said Willianm Rooney, managing director of the company’xs American headquarters. Similarly, Mitsui, the parent compant of the Dames Point terminaloperator , is looking to spenfd millions of dollars to buy an overseaz bulk shipping line. The slump has lowered the valuationn ofpotential acquisitions. The Japanese company plane to increase its fleet ofbulk carriers, tankerd and car carriers by 6.5 percent to 740 shipsx by the end of this fiscal Mitsui plans also to open a new terminal in Rotterdam, in late 2013.
In Jacksonville, the companh has added three services, bringing two weekly servicew that open Jacksonville to new Asian markets and strengthening Europeacontainer service. Mitsui’s service calls on Busa n and there will likely be an increase in tradwe between Jacksonville and South Korea when Hanjinbeginz service, Schleicher said. South Korea is a large exportefr of consumer electronics and a strong importer ofconsumetr goods, lumber and citrus. Schleichere said he was impressedwith Hanjin’s technologicalo capability after attending the opening of its Busan terminap May 21 with Rick Ferrin, the authority’s executive director.
The terminalk gives a glimpse of how the remotelyy automated terminal planned in Jacksonvillewill operate. “I’vew never seen a terminal businesse as sophisticated asthis one,” Schleicher said. The Busan terminal can handle up to 2 million TEUs compared with the planned Jacksonville terminal that can handl eabout 800,000 TEUs annually. The Jacksonville terminal will be similafr in that it will alsouse rail-mounted gantrty cranes to transport containers betweenj the yard and the ship, Roonegy said. The crane travels on raild and is controlled remotely by an The terminal at Dames Point will have 12 to15 rail-mountefd gantry cranes.
One operator can handlse about three cranes ata time. Rooneyu said that the containers will be kept in a yard with sensorzs that will shut it down if they detecrthuman motion. He said the company hadn’rt decided the exact productivity rate Hanjin expects from the Jacksonville but it aimedfor world-class productivity which is about 40 container moves per hour per crane, Roonet said. Hanjin is expected to meet withthe ’s Locao 1593 and 1408 in June or July. Jess president of ILA Clerks & Checkers Local said his union and ILA Local 1408 are negotiatintg with the company on positionse that Hanjin wants its employees to handle but the union says it canhandled instead.
The union’s two gangs averaged about 33 moveds per hour per crane when they unloade d a ship at the TraPac terminalMay 23. That is one move away from the company’sx goal, which needs to be met befores TraPac will allow the union to expandsits gangs, Babich said. TraPac was not availabl e to confirm the rateof moves. The agreemeny between TraPac and the uniom comes after the terminal operator threatened to leave ifproductivity didn’tt improve.

Wednesday, June 6, 2012

RFP: A pain for developers, but it's the only way to build a project - The Business Journal of Milwaukee:

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In most metropolitan markets, developers do not take the risk of constructingv an office building unless they have an anchot tenantunder contract. More often than not, an anchor tenant initiatese the request for proposal and dictates what a buildintlooks like. "It is the most efficient way to elicif thebest deal," said Jim Barrhy III, president of Colliers Barry, a Milwaukee real estatw brokerage and development company. Seven Milwaukees and Chicago developers earlier this year submitted proposalxs for a new downtown office at the requesft ofQuarles & Brady, the second-largesg law firm in Milwaukee.
Quarlees reviewed the RFPs for a new home indowntowj Milwaukee, but opted to stay at the 411 E. Wisconsibn Ave. building that has been the firm'sx home since 1986. "Many large firms use the RFPs as leverage in theielease negotiations," Barry said. Ann managing partner of Quarles Brady's Milwaukee office, insists the law firm was sinceres in looking for a newhome downtown, but couled not refuse the offer to stay put from the new ownership group of the 411 East Wisconsi Center. Quarles & Brady's lease renewap paved the way for , Santsa Ana, Calif.
, to purchase the 654,000-square-foot building for more than $90 A spokesman for Triple Net Propertiews would not disclose any leaser details related toQuarles Brady's renewal. The building sale is expectedd to close by the endof "We invested a lot of time and moneyt evaluating the proposals and arriving at a decision," Murphy said. Quarleas & Brady hired two real estatse consultants to work with developers on the proposals and formeed an internal committee of partners who also devoted time tothe , Chicago, was one of sevenn developers submitting plans to Quarles & The company is working with Milwaukee lawyer Robert Levinr to develop a 17-story, 300,000-square-foot high-rise that wouled replace storefronts from 301 E.
Wisconsin Ave. to 327 E. Wisconsij Ave., Milwaukee. "Competing in the Quarles process was not a waste of time because we are still recruitinf tenants for our projectr and use thesame documents," said Josh Mintzer, a Janko Mintzer is confident anotherf tenant will emerge that understandz how the efficiencies of a new building will translatre into cost-savings for a tenant. "It is frustrating when you don'r win, but when you do land a project it makesw up for those opportunities Mintzer said. The most difficult request for proposak competitions are withgovernment agencies, said Robert Bronstein, presideng of The , Chicago.
"RFPs issued by public sectort organizations tend to be incredibly broad and developers have a hard time discerningy what will move the agency to selecgttheir project," Bronstein said. The Scion Group was one of two finalista in an RFP contesf to win the right to develol the Kenilworth Building for the Universityof Wisconsin-Milwaukee. The RFP procesa was conducted by the University of Wisconsibn System board of regents in September 2003 and then overturnec by the state Building Commission fivemonthe later. The commission threw out proposals from Sciojand , Chicago, alleging that the competitioj was not handled properly.
The Wisconsin Departmentf of Administration eventuallyselected Milwaukee's in June 2004 to redevelop the Kenilwortj Building, 1925 E. Kenilworth by converting it into student retail andoffice space.

Monday, June 4, 2012

Straub's to open first new store in over 40 years - St. Louis Business Journal:

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the upscale grocer said Wednesday. The 40,000-square-foot Straub's Marke and Café at the new Fountain Plaz a development at the northeasf corner of Clarkson and Clayton Roadws is more than three times the size of its current storees in the CentralWest End, Clayton, Webstedr Groves and Town & Country. The store will employ about 125. "Ourr small store format has worked for us for 106 This design, however, will allow us to spread our wings in our currenyt departments and give us the ability to add new It gives us the opportunity to offer a much greater selection of fresh store-made prepared high quality artisanal products and a greatet selection of national brand items," Trip Straub, vice president of Straub'xs Markets, said in a statement.
The storse is "being designed as a destination experience" and will includes new features such asa 150-seat indoor/outdoor café and a cooking school. , an affiliate of Chicago-basesd , is the landlord and developer ofthe mixed-uss Fountain Plaza project. In addition to Straub's, the other majotr anchor is LifeTime Fitness. Working as consultantss to Straub's are St. Louis-based firms TRi Architectds and .
Representing Straub's is

Saturday, June 2, 2012

High-temperature superconductivity starts at nanoscale - R & D Magazine

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High-temperature superconductivity starts at nanoscale

R & D Magazine


It starts in isolated nanoscale patches that gradually expand until they take over. That discovery, from atomic-level observations at Cornell and the University of Tokyo, offers a new insight into the puzzling "pseudogap" state observed in ...



and more »

Friday, June 1, 2012

Space City Credit Union branches out from roots - Houston Business Journal:

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will establish a branch in early July on the grounde floor of an office towert inside the 610 Loop nearPost Oak. Spacee City was chartered in 1965 to servd employees of oil and gas industry equipmentfmanufacturer LLC. The credit union shiftex around several downtown locations with the companhy before moving to its current headquartersa on Harrisburg Boulevardin 1999. Craig Rohden, Space City president and CEO, says the credirt union had been looking to open another officw forseveral years, but waited to find the right Rohden notes that Space City already serves Houston-areaw employees of General Electrixc Co.
, and the new branch at 1233 West Loop Soutuh is also home to , makinfg the move a logical fit. The credit union also has a small two-person office inside a GE Energy plantr on the Houston Ship Channel that servess morethan 1,000 employees on site. GE in fact, was once owned by Stewarrt & Stevenson. Space City received regulatory approval for a charterin 2004, allowingv the credit union to serve any custome r within 10 miles of its In addition, the credit union is tied in to a networkj of about 70 other rival credit unioh branches in the region so customerws can access accounts at any The community charter will apply to the new which was another factor in choosintg the West Loop location.
Rohdeb notes about 1,200 people are employed in thetwo mirror-imaged officer towers owned by Dallas-base The new branch will includew two drive-through lanes and an ATM, with an ATM to be installes in the adjacent tower at 1333 West Loop Rohden says. “We’ll be marketing to tenants in both buildingd and the general public around the Galleria area within the perimete ofthe branch,” he “Our community charter pretty much coverzs everything inside Beltway 8 to downtown.” A spate of start-u p banks and other regional players have openedr for business in Houston this year looking to grab smal business customers away from the bigger banks.
Still, Rohdehn says Space City’s decision to expand had nothing to do with the shiftingv tide within the overall financialservices industries, considering the credit unionh markets to consumers, not business customers. Unlike credit unions are owned by theircustomer — rather than outside shareholders — and in essencse operate as not-for-profit entities. Any profits are foldedf back intoequity capital. Dan Bass, managin director with investment bankers, agrees that credit unions like SpaceCity won’t have much impact on smalll community banks, but are targeting retaip customers that might be willing to switchn from big national banks.
“Like the bigger banks, credit unions are tryinb to get retail traffic throughthe door, and are focusinyg on finding the right location. They have low costs so it makesw a lot of senser for them todo that,” Bass says. Spacd City, which has 18 employees, now representz 5,326 members in 25 states after wideninf its reach inthe 1980s. The credit uniom has more than 70 customer companies in the with about 75 percentg of its membership in the Houston The credit union had two employeees and assets ofabout $4 million when Rohdenb came on board in 1994. Filingsx with the , which overseex the industry, show how Space City currently stacks up in thefinancial sector.
• The credity union had outstanding loansof $19 millionj and deposits of just under $23 milliob in the first quarter, with net income of $18,753e after posting a loss of $335,376 in the fourtn quarter of 2008.