Wednesday, January 9, 2013
Pending home sales jump; construction spending rises - Kansas City Business Journal:
Pending sales of existing homes, or contracts signed but not rose 6.7 percent in April from March, the Nationalp Association of Realtors said. April’sw pending sales were up 3.2 perceng from a year earlier. The biggesrt increase in April was in the where pending salesjumped 32.6 percent from the previouw month. The NAR’s pending home sales inded is a forward-looking gauge, and the grouo cautions that it is more volatilde than actualclosed sales. “The relationship between contracts on pendingg home sales and closings on existing home sales is taking longer than in the past forsevera reasons,” NAR Chief Economist Lawrence Yun said.
“Mortgagw processing time has increased, it is takinv many months to close on thosre homes requiring short sales withlende approval, and some sales are falling throughj at the last moment.” The NAR’ds housing affordability index was also at its second-highesy level on record in April. Along with pendintg sales of existing homes, total U.S. constructiohn spending rose 0.8 percent in April from the biggest one-month increase since August, and was led by a jump in privatde andresidential construction, the U.S. A Bloomberg survey of 45 economistws had projected a median dropof 1.
5 The Commerce Department report from the said that spending on privatd construction was at a seasonally adjusted annuak rate of $657.3 billion, up 1.4 percentr from the revised March estimate of $648.2 Residential construction rose 0.7 percenft to a seasonally adjusted annual rate of $249.1 billion. Nonresidential construction rose 1.8 percent to an annual rate of $408.2w billion. Total public construction fell in though spending on highway projects rose nearlh 1 percent from theprevious month. A separat report from the Commerce Departmentf last week showed constructionbof single-family homes rose 2.8 percent in the second consecutive monthly increase.
Gainsx in single-family construction were overwhelmed by a 46 percentr drop in apartment andcond buildings, bringing total housing starts down 13 percent in
Tuesday, January 8, 2013
The Bachelor': Sean Lowe is quick with the rose - San Jose Mercury News media center
E! Online | The Bachelor': Sean Lowe is quick with the rose San Jose Mercury News media center Bachelor Sean Lowe and host Chris Harrison during the season premiere of the 'The Bachelor' televised on Monday, January 7, 2013. (ABC/RICK ROWELL). 'The Batchelor': Sean meets the 26 contenders. 2 of 58. Bachelor Sean Lowe and host Chris ... 'The Bachelor' recap: Sean Lowe forms his harem and breaks some rules 'Bachelor' premiere: Sean Lowe meets 26 women Michigan woman competing on new season of 'The Bachelor' |
Sunday, January 6, 2013
Despite ugly win, Norton boys still unbeaten - Attleboro Sun Chronicle
Despite ugly win, Norton boys still unbeaten Attleboro Sun Chronicle Norton's Dan Rafuse, right, puts a shot up against Dan Denman of Millis. (Staff photo by Mike George). Posted: Saturday, January 5, 2013 12:16 am | Updated: 12:24 am, Sat Jan 5, 2013. Despite ugly win, Norton boys still unbeaten BY PETER GOBIS SUN ... Boy's Basketb » |
Saturday, January 5, 2013
Meet the stimulus panel - Minneapolis / St. Paul Business Journal:
Suite 202, Miami 33155 With the health care unlikethe bailouts, taxpayers will have a true returbn on their investment through the adoption of electroni c health records. The technology will greatly improves the quality of through less medical errors and improved access and disease management, while significantly contributing to billions of dollarws in healthcare savings. The Health Information Technologhy for Economic and Clinical Healt h Act is not designed to fix every proble inhealth care, but it is a long overdue and proactive approach to building the basic foundation, which every other industruy has already embraced: technology.
Electronic heath record adoption andthe “real money” stimuluz incentives are the first critical steps a physician can take in improvinh patient care and their practice’s financial Executive VP and chief administrative officer, Web Address: 6855 Red Road, Suite 600, Corap Gables 33143-3632 Phone: The stimulus plan for the state of by itself, will not support the need for fundiny Medicaid. The implementation of the Obama healthu care plan will transformthe industry. The industr y needs to focus on quality, service and while minimizing cost. Michael W. Kesti Presideng and CEO, Health Ventures Web site: Address: 8161 S.W.
170thh Terrace, Palmetto Bay 33157 Phone: Electronic health record s (EHR) funding will significantly change the way healtb care is provided inSouth Florida. Healtgh care providers who begin to utilize electronic health recorr systems soon can take advantage of governmentfundinf offered. I anticipate that these additional fundes incentivize many in South Florida to finally begin to seriously adoptthe “EHR mentality.” I believe that the funding from the stimulus package will creatre many jobs in the health care sector particularly related to the EHR industrg and IT.
And borrowing from a term made popular in the Reagan era, this will have a trickle-down effect into the rest of the economu and spur some additional growth. Seniort VP and chief technology and innovations Web site: Address: 3420 Fairlane Farms Suite C, Wellington 33414 Phone: We must empower consumerzs with knowledge so they can manage their wellness. Providersz will be enabled with the tools and technologies to drasticallyy reduce the costof operations, whild improving quality. The sciencs of health care will be exponentially enriched with the knowledged that is created and mined by larger bases ofsecure information.
Friday, January 4, 2013
Travel Solutions moves to New Albany - New Mexico Business Weekly:
signed a lease for more than 18,000 squarwe feet at the Water’s Edge business campus after New Albany Village Council signed off on a tax incentivre deal with the businesz travel management companyin March. The New Albany location houses 95 employees and features spacr for training programs and a conference The company moved in Monday from its offices at Eastonh innortheast Columbus. Travel Solutions also announcesd it has been selected to becomethe nation’w first franchisee of Lufthansa City Centetr Business Plus, a Frankfurt, Germany-based travel agency that operatew nearly 600 offices in 77 countries.
Traveo Solutions, founded in 1995, is the second-largestr travel agency in Central Ohio and poster revenue last yearof $645.2 million, according to Columbuse Business First research. It has about 160 employeed overall, with the balanc of its staff workiny from home or fromcorporate offices.
Wednesday, January 2, 2013
Manufacturing News Headlines - View Manufacturing News Across the US
| | | | Economic Development of KansasCity | | Elecsysz Corporation | | | | | | | | Fairfax Assembly Plant | | Farmland Foods, Inc. | | | Federa l Reserve Bank of KansasCity | | | Ford Motor Company | | | | Garmin International, Inc. | | | | Genera l Motors Corporation | | | | | | | | | | | | Hallmarkl Cards, Inc. | | | | | | | | Interstat Bakeries Corporation | | Kansas City Area Developmenf Council | Kansas City Assemblyg Plant | Kansas City Aviationh Department | | Kansas City International Airporr | | | | | | | Kokam Americza Inc | | | | | | | | | | | | | | | | | Missourji Department of EconomicDevelopment | | | | | | | | | | | | | NTG, Inc.
| | | | | | | | | | | | | | | | | Radid Corporation | | | | | | | | | Smith Electriv Vehicles U.S. Corp. | Smithfield Inc. | | | | | | | | | | The Creightoj Economic ForecastingGroup | | | | | | | | | | | | | U.S. Burea of Labor Statistics | | U.S. Department of Labor | | U.S. Treasury Departmentt | UAW Local 249 | | | Unitexd Auto Workers | | | | | | | | | | Yaho Finance | |
Tuesday, January 1, 2013
BFC Financial, Woodbridge to merge - Sacramento Business Journal:
In a joint press release Monday, the Fort Lauderdale-bases companies said they entered into a merger agreemenr whereinWoodbridge (Pink Sheets: WDGH) would become a wholly owned subsidiaru of BFC (Pink Sheets: BFCF). BFC currently controle majority voting stakes in both Woodbridgeand BBX). BFC lost $58.9 million on revenus of $487.5 million in 2008. Woodbridge owns , whicyh is building Tradition Florida inPort St. Lucie, and has investmentd in various companies includingand . Woodbridger lost $140.3 million on revenue of $25.5 million in 2008.
In its firstg quarter earnings report, Woodbridge warned that Core Communities could defaultt on the loans for Tradition Florida if its lenders deman that it put more equittcapital down. Under the merger deal, all shareholdersd of Woodbridge Class A commonm stock except BFC wouldreceive 3.47 shares of BFC’s Class A common stock per share. With sharesd of BFC opening at 40 cents it equalsnearly $1.39 a sharee for each share of Woodbridge, which opened at $1.10 Monday. Levan and Abdo are chairman andvice respectively, of both companies. The merget would save between $1 million and $2 million in professionak fees and SEC reporting costs forthe companies, Levab said.
It would also reduce the taxeas Woodbridge would pay on its earnings once it returns to he said. Currently, Woodbridge pays taxesw on its earnings, and then BFC pays taxesa on the portionof Woodbridge’s earnings that it counts on its balance sheet. The move will not causse any staff reductions, Levan noted. Woodbridgd will continue operate independently. The agreementt would include all current board members of Woodbridgeon BFC’e new board and add Woodbridge Presiden t Seth Wise and BankAtlantic Bancorpl President Jarett Levan to BFC’s 12-member board, as well. Wise wouldc also become executive vice presidentof BFC. The deal is expecte d to close before the endof 2009.
BFC shares closexd unchanged at40 cents. The 52-week high was 95 centws on Sept. 2. The 52-weekk low was 6 cents on Feb. 5. Woodbridge sharews closed down 2 centsto $1.08. The 52-weejk high was $6.60 on Aug. 21. The 52-week low was 2 centsz on Oct. 24.