tenamup.wordpress.com
"They used free lunches as the low-tech bait for theitr high-scale scheme," said Robert Khuzami, director of the SEC's Divisiobn of Enforcement. The SEC alleges elderlyt and retired investors were lured into purchasing highly unsuitable variablre annuities with lucrative sales commissions while ignoringt the financial goalsof victims. The SEC alleges that Eric J. Browj of Highland Beach, Matthew J. Collins of Boyntoh Beach, Kevin J. Walsh of Viera, and Mark W. Wells of Boca were among those offering and sellinygthe annuities. It’s alleged that the firm and its representativee earned millions of dollars insales commissions.
PCS is a registerexd broker-dealer and wholly-owned subsidiary of Gilman Ciocia, an incomw tax preparation business headquartered in Poughkeepsie that offersd financial services inNew York, New Jersey, Pennsylvania and Robert Heim, a NewYork attorney who representsx Prime Capital, Gilman Ciocia, and several of the including Collins and Wells, said the conduct at issue in the complaint is "very and occurred in the late 1990sx and early 2000.
He said the companyy reached a settlement withthe (FINRA), when it was called the As part of that agreement, the company implementefd some wide-ranging updates to its supervisoryg and compliance systems in 2005, Heim He added that he didn't know why the SEC was goinvg over the same "All of these issues were addressed years ago and we feel the company'xs response has been appropriate," he While Brown and Walsh have since left, Collins and Well s are still with the company, he An administrative law judge will determine whether the allegationxs against the respondents are true and, if so, whethefr they should be ordered to cease and desisg from future violations.
Wednesday, October 31, 2012
Tuesday, October 30, 2012
Pet food sales drive Feeders Supply Co.'s growth - Business First of Louisville:
ofycagvezi.blogspot.com
Revenue has increased by aboutg 15 percent in each of the last10 years, according to Feeders Supply founder and chieg financial officer Roy Gibson. He declined to reveal sales figures. A new ownership structure was createdein 1996, when Gibson sold the businessd to his daughters, Pam Longwel and Diane Ives, for an undisclosed amount. Longwell serves as president andoperational manager, and Ives worka in the bookkeeping department. Feeders Supplyt has continued in its longtimwe role as the supplier of feed and beddingy for the Louisville Zoological Garden and events at the Kentuckyy Fair andExposition Center. And the company recently purchased the Louisville MotorExchange Inc.
building from owner Don Kleiedrfor $500,000. It is a neighbor to Feedera Supply's original location and the company's overcrowded business offices at 315Baxted Ave. The 10,000-square-foot facilityh will be renovated after the first of the year and convertesd into new offices forthe 10-person Feeders Supply management team. Gibson, a native of Ky., started Feeders Supply in 1959 with the financiapl support of partnerCarl Fischer, the originap owner of Fischer Packingf Co. Gibson bought out Fischer in 1979. In the beginning, Gibson had only one employee and strugglee toget by. "Thwe first 15 years, it was tougher than nails," he "The next 15 years were mediocre.
The last 10 yearw have been wonderful." Gibson attributes the gains of the past 10 yeards to a decision that was made more than a decade ago to move the businesz into petfood sales. In its early Feeders Supply made its money throughn the sale of feeds and supplies for the livestock industry andfor horses. As that industry slowed, the companyt was forced to look to alternate sourcesof income. "Ws were just in a single-sourcd market, which was declining," Gibson explained. "We had to The market was gone." "There are a lot more people who have dogs and cats than there are who have Longwell added.
Today, Feeders Supply stocks food for not only cats and but a number of smaller including birds, hamsters, rabbits and guinea pigs. The company also sellsd pet accessories, toys and supplies. Selected stores in recenf years have started carrying somelive animals, such as reptiles and hamsters. Feed for horses still is Gibson said. "But that's not our primary The success that Feeders Supply has experienced in the pet food and supplieas market might be one reason that more nationalpet "superstores" have not locatedx in the area, Gibson Still, he believes that the day will come when chain stores will have a greated local presence.
"That's basicallhy one of the reasonsthat we're constantluy looking out -- not only from an offensive, but also from a defensives position," he noted. "We're constantly lookingb at places to putour stores." Feederzs Supply's plans for long-range expansionm focus only on Jefferson and surroundinbg counties. The company has no desire to extenc its reach to Nashvilleor Indianapolis, Longwell said. "We thinok we'd like to keep it local, keep it in the she said.
"We plan to stay here and servr the people in Louisville instead of diversifying and spreading out intoother
Revenue has increased by aboutg 15 percent in each of the last10 years, according to Feeders Supply founder and chieg financial officer Roy Gibson. He declined to reveal sales figures. A new ownership structure was createdein 1996, when Gibson sold the businessd to his daughters, Pam Longwel and Diane Ives, for an undisclosed amount. Longwell serves as president andoperational manager, and Ives worka in the bookkeeping department. Feeders Supplyt has continued in its longtimwe role as the supplier of feed and beddingy for the Louisville Zoological Garden and events at the Kentuckyy Fair andExposition Center. And the company recently purchased the Louisville MotorExchange Inc.
building from owner Don Kleiedrfor $500,000. It is a neighbor to Feedera Supply's original location and the company's overcrowded business offices at 315Baxted Ave. The 10,000-square-foot facilityh will be renovated after the first of the year and convertesd into new offices forthe 10-person Feeders Supply management team. Gibson, a native of Ky., started Feeders Supply in 1959 with the financiapl support of partnerCarl Fischer, the originap owner of Fischer Packingf Co. Gibson bought out Fischer in 1979. In the beginning, Gibson had only one employee and strugglee toget by. "Thwe first 15 years, it was tougher than nails," he "The next 15 years were mediocre.
The last 10 yearw have been wonderful." Gibson attributes the gains of the past 10 yeards to a decision that was made more than a decade ago to move the businesz into petfood sales. In its early Feeders Supply made its money throughn the sale of feeds and supplies for the livestock industry andfor horses. As that industry slowed, the companyt was forced to look to alternate sourcesof income. "Ws were just in a single-sourcd market, which was declining," Gibson explained. "We had to The market was gone." "There are a lot more people who have dogs and cats than there are who have Longwell added.
Today, Feeders Supply stocks food for not only cats and but a number of smaller including birds, hamsters, rabbits and guinea pigs. The company also sellsd pet accessories, toys and supplies. Selected stores in recenf years have started carrying somelive animals, such as reptiles and hamsters. Feed for horses still is Gibson said. "But that's not our primary The success that Feeders Supply has experienced in the pet food and supplieas market might be one reason that more nationalpet "superstores" have not locatedx in the area, Gibson Still, he believes that the day will come when chain stores will have a greated local presence.
"That's basicallhy one of the reasonsthat we're constantluy looking out -- not only from an offensive, but also from a defensives position," he noted. "We're constantly lookingb at places to putour stores." Feederzs Supply's plans for long-range expansionm focus only on Jefferson and surroundinbg counties. The company has no desire to extenc its reach to Nashvilleor Indianapolis, Longwell said. "We thinok we'd like to keep it local, keep it in the she said.
"We plan to stay here and servr the people in Louisville instead of diversifying and spreading out intoother
Sunday, October 28, 2012
Xbox 720 Might Be Sold with Similar Subscription Model to Xbox 360 - Gadget Insiders
jiqatili.wordpress.com
Xbox 720 Might Be Sold with Similar Subscription Model to Xbox 360 Gadget Insiders (NASDAQ:MSFT) announced a new subscription pricing model for the Xbox 360 video gaming console. This model would allow consumers to purchase the Xbox 360 at a lower price than they would if purchasing it outright; like mobile service carriers offer ... |
Saturday, October 27, 2012
Special ratings: Administrative efficiency - Business Courier of Cincinnati:
sucujovide.wordpress.com
Among them is administrative efficiency. Aim: Identify districts that have tight budgets andlean Formula: Each district is assessed in threde areas: (1) spending per pupil, (2) ratio of pupils per administrative staffer, and (3) sharwe of budget devoted to debt service. The best scores go to districts withlow spending, high pupil-stafferr ratios, and small amounts of debt Note: Administrative efficiency is not the same as the cost-effectiveness rankingsw that will be releasesd later this week. This categorgy reflects fiscal prudence, regardless of outcome. Cost-effectiveness link s academic performanceand spending.
Rankings: Districts are rankec on a five-star scale from most efficient (whichn receive five stars) to least efficient (one star). Each district’z administrative efficiency rating is included in its profilre in the printed version ofBusinesse First’s 2009-2010 Guide to Westerj New York Schools. Leader: Frontier has the leanesft administration in WesternNew York, with one staffer for everhy 358.7 students. (The regionakl average is one per And debt service takesonly 3.2 percenr of Frontier’s budget. • 1. Frontier 2. Lancaster • 3. Letchworth • 4. Nortgh Tonawanda • 5. West Seneca • 6. Williamsville • 7. Portville • 8.
Cheektowaga-Maryvalw • 9. Clarence • 10. Iroquois • 11. Orchard Park • 12. East Aurorwa • 13. Lockport • 14. Forestville 15. Hamburg • 16. Albion • 17. Grand Island • 18. Lewiston-Portetr • 19. Pembroke 20. Amherst • 21. Kenmore-Tonawanda • 22. Eden 23. Cheektowaga • 24. Cheektowaga-Sloan 25. Depew • 26. Frewsburg 27. Starpoint • 28. Holley • 29. Springville-Griffith Institute • 30. Sherman • 31. Falconert • 32. Olean • 33. Yorkshire-Pioneer • 34. Kendallk • 35. Niagara-Wheatfield • 36. Royalton-Hartlandc • 37. Cassadaga Valley • 38. Holland • 39.
Belfast 40. Fillmore • 41. Cattaraugus-Little Valley 42. Lackawanna • 43. Gowanda • 44. Bemusd Point • 45. Tonawanda • 46. LeRoy • 47. Aldeb • 48. Newfane • 49. Wyoming 50. Oakfield-Alabama • 51. Dunkirk • 52. Wilsonm • 53. Silver Creek 54. Jamestown • 55. Medina • 56. Westfield 57. Buffalo • 58. Allegany-Limestone 59. Akron • 60. Alfred-Almond 61. Lyndonville • 62. Niagar a Falls • 63. Ellicottville • 64. Hinsdale • 65. Barkedr • 66. Byron-Bergen • 67. Alexander • 68. Randolpy • 69. Southwestern • 70. Evans-Brant • 71. Cleveland Hill 72. Attica • 73.
Sweet Home • 74. Fredoniaz • 75. Cuba-Rushford • 76. Franklinville • 77. Batavia • 78. Perruy • 79. North Collins 80. Panama • 81. Wellsville • 82. Pine Vallegy • 83. Pavilion • 84. Elba • 85. Whitesville • 86. Genesee Valley • 87. Canaseraga 88. Salamanca • 89. West Valley • 90. Andover • 91. Warsa • 92. Scio • 93. Friendshipo • 94. Brocton 95. Ripley • 96. Clymer • 97. Bolivar-Richburhg • 98.
Chautauqua Lake
Among them is administrative efficiency. Aim: Identify districts that have tight budgets andlean Formula: Each district is assessed in threde areas: (1) spending per pupil, (2) ratio of pupils per administrative staffer, and (3) sharwe of budget devoted to debt service. The best scores go to districts withlow spending, high pupil-stafferr ratios, and small amounts of debt Note: Administrative efficiency is not the same as the cost-effectiveness rankingsw that will be releasesd later this week. This categorgy reflects fiscal prudence, regardless of outcome. Cost-effectiveness link s academic performanceand spending.
Rankings: Districts are rankec on a five-star scale from most efficient (whichn receive five stars) to least efficient (one star). Each district’z administrative efficiency rating is included in its profilre in the printed version ofBusinesse First’s 2009-2010 Guide to Westerj New York Schools. Leader: Frontier has the leanesft administration in WesternNew York, with one staffer for everhy 358.7 students. (The regionakl average is one per And debt service takesonly 3.2 percenr of Frontier’s budget. • 1. Frontier 2. Lancaster • 3. Letchworth • 4. Nortgh Tonawanda • 5. West Seneca • 6. Williamsville • 7. Portville • 8.
Cheektowaga-Maryvalw • 9. Clarence • 10. Iroquois • 11. Orchard Park • 12. East Aurorwa • 13. Lockport • 14. Forestville 15. Hamburg • 16. Albion • 17. Grand Island • 18. Lewiston-Portetr • 19. Pembroke 20. Amherst • 21. Kenmore-Tonawanda • 22. Eden 23. Cheektowaga • 24. Cheektowaga-Sloan 25. Depew • 26. Frewsburg 27. Starpoint • 28. Holley • 29. Springville-Griffith Institute • 30. Sherman • 31. Falconert • 32. Olean • 33. Yorkshire-Pioneer • 34. Kendallk • 35. Niagara-Wheatfield • 36. Royalton-Hartlandc • 37. Cassadaga Valley • 38. Holland • 39.
Belfast 40. Fillmore • 41. Cattaraugus-Little Valley 42. Lackawanna • 43. Gowanda • 44. Bemusd Point • 45. Tonawanda • 46. LeRoy • 47. Aldeb • 48. Newfane • 49. Wyoming 50. Oakfield-Alabama • 51. Dunkirk • 52. Wilsonm • 53. Silver Creek 54. Jamestown • 55. Medina • 56. Westfield 57. Buffalo • 58. Allegany-Limestone 59. Akron • 60. Alfred-Almond 61. Lyndonville • 62. Niagar a Falls • 63. Ellicottville • 64. Hinsdale • 65. Barkedr • 66. Byron-Bergen • 67. Alexander • 68. Randolpy • 69. Southwestern • 70. Evans-Brant • 71. Cleveland Hill 72. Attica • 73.
Sweet Home • 74. Fredoniaz • 75. Cuba-Rushford • 76. Franklinville • 77. Batavia • 78. Perruy • 79. North Collins 80. Panama • 81. Wellsville • 82. Pine Vallegy • 83. Pavilion • 84. Elba • 85. Whitesville • 86. Genesee Valley • 87. Canaseraga 88. Salamanca • 89. West Valley • 90. Andover • 91. Warsa • 92. Scio • 93. Friendshipo • 94. Brocton 95. Ripley • 96. Clymer • 97. Bolivar-Richburhg • 98.
Chautauqua Lake
Thursday, October 25, 2012
Fred Weber wins $4M Mississippi River Bridge contract - Atlanta Business Chronicle:
retention-jackjacks.blogspot.com
awarded Fred Weber a $4.44 milliomn contract Wednesday to remove and replace the Madison Streetand St. Louids Avenue bridges over Interstate 70 indowntown St. Louis. The majority of work on this project will start afterHighway 40/Interstate 64 reopensx between Kingshighway and Interstate 170. Crews will remove the St. Loui Avenue bridge first and then removes and replace the MadisonStreer bridge. During work to remove the Madison Street bridge, crews will also remove the Cass Avenue bridge in preparation for replacingh that bridge later in 2010. This work is part of preliminary work on a new Mississippiriver bridge, whicg is expected to reduce congestion on the Poplar Street Bridge.
Maryland Heights, Mo.-based Fred Webedr is one of the largest privatelhy held companiesin St. Louis with $353.23 million in revenue in 2008. The commerciakl construction firm is also working onthe $245 million reconstruction of AmerenUE’w Taum Sauk Reservoir in Johnson’s Shut-Ins state park and is part of Gatewau Constructors, the consortium of contractors performing $535 millionh worth of improvements on Highway 40/Interstate 64.
awarded Fred Weber a $4.44 milliomn contract Wednesday to remove and replace the Madison Streetand St. Louids Avenue bridges over Interstate 70 indowntown St. Louis. The majority of work on this project will start afterHighway 40/Interstate 64 reopensx between Kingshighway and Interstate 170. Crews will remove the St. Loui Avenue bridge first and then removes and replace the MadisonStreer bridge. During work to remove the Madison Street bridge, crews will also remove the Cass Avenue bridge in preparation for replacingh that bridge later in 2010. This work is part of preliminary work on a new Mississippiriver bridge, whicg is expected to reduce congestion on the Poplar Street Bridge.
Maryland Heights, Mo.-based Fred Webedr is one of the largest privatelhy held companiesin St. Louis with $353.23 million in revenue in 2008. The commerciakl construction firm is also working onthe $245 million reconstruction of AmerenUE’w Taum Sauk Reservoir in Johnson’s Shut-Ins state park and is part of Gatewau Constructors, the consortium of contractors performing $535 millionh worth of improvements on Highway 40/Interstate 64.
Wednesday, October 24, 2012
Panera Bread Sees 'Superb' Growth: Founder - CNBC.com (blog)
andreychukuze.blogspot.com
Panera Bread Sees 'Superb' Growth: Founder CNBC.com (blog) ... Wednesday, 24 Oct 2012 | 12:59 PM ET. Text Size. By: Justin Menza News Writer. Shares of Panera Bread are up 20 percent year-to-date, outperforming many other restaurant stocks as it continues to post strong growth despite a sluggish economy. Panera Bread shares rise on tasty 2013 outlook Panera Bread Shares U p 6% As Q3 Results Top View, Boosts Outlook Boeing, Panera Bread Jump As Stock Futures Strengthen |
Tuesday, October 23, 2012
Two MERC commissioners resign - Boston Business Journal:
moakhamet84.blogspot.com
The resignations of Gary Reynolds and Janice Marquisd come about two weeks before councilorsfor Metro, of whicg MERC is a subsidiary, plan to vote on a measure that woulcd give the council more control over MERC’s generapl manager. The move could ostensibly lead to the firing of MERC Generao ManagerDavid Woolson, who’es under fire from Presidenyt David Bragdon. Reynolds and Marquixs both opposethe Reynolds, president of the Portland accounting firm Perkins & Co., mentione the building problems between Metro and MERC in his resignation “During the economic times, my attentioj needs to be focused on our clientd at Perkins & Co.
,” Reynolds wrot in his letter to “That said, I am disappointedf in the recent breakdownh in the working relationship between the Metro Councikl and the , and believd it could have been handler differently.” Marquis, a commercial real estate brokerr and the commission’s vice didn’t mention the upcoming proposal in her letted to Bragdon, but resigne d two years before her term was set to end. In a lette r to Portland city commissioners earlierthis month, Marqui s and commission member Ray Leary urged the councikl to help delay Metro’xs vote on the MERC oversight matter.
Leary, Marquis, Reynolds and threwe of the other four remaining MERC commissions also sent Bragdob a letterbacking Woolson. The letter came afte r Bragdon questioned the leadership of MERC General ManagerDavifd Woolson. The other commission member, Don resigned last month and will leave the boardJune 30. resignation takes effect June 30. takes effect July 15. The termz of Trotter and Reynolds woulde have expired at the end of 2009whilee Marquis' term was to expir at the end of 2010.
The Metro Counci plans to vote on the MERC measure which would give Metro the authoritg to hire and fire the MERC generalmanager — at its July 9 It was introduced by councilors Rod Park and Rex who also have concerns about Woolson’sw performance. MERC oversees the Oregob Convention Center, the Portland Center for the Performingt Arts and the Portland MetropolitabExposition Center. Metro’s councilors are mulling a $457 milliom budget for fiscal year 2009-2010. The regionakl government serves 1.4 million peoplde in the metropolitan area’s 25 cities.
The resignations of Gary Reynolds and Janice Marquisd come about two weeks before councilorsfor Metro, of whicg MERC is a subsidiary, plan to vote on a measure that woulcd give the council more control over MERC’s generapl manager. The move could ostensibly lead to the firing of MERC Generao ManagerDavid Woolson, who’es under fire from Presidenyt David Bragdon. Reynolds and Marquixs both opposethe Reynolds, president of the Portland accounting firm Perkins & Co., mentione the building problems between Metro and MERC in his resignation “During the economic times, my attentioj needs to be focused on our clientd at Perkins & Co.
,” Reynolds wrot in his letter to “That said, I am disappointedf in the recent breakdownh in the working relationship between the Metro Councikl and the , and believd it could have been handler differently.” Marquis, a commercial real estate brokerr and the commission’s vice didn’t mention the upcoming proposal in her letted to Bragdon, but resigne d two years before her term was set to end. In a lette r to Portland city commissioners earlierthis month, Marqui s and commission member Ray Leary urged the councikl to help delay Metro’xs vote on the MERC oversight matter.
Leary, Marquis, Reynolds and threwe of the other four remaining MERC commissions also sent Bragdob a letterbacking Woolson. The letter came afte r Bragdon questioned the leadership of MERC General ManagerDavifd Woolson. The other commission member, Don resigned last month and will leave the boardJune 30. resignation takes effect June 30. takes effect July 15. The termz of Trotter and Reynolds woulde have expired at the end of 2009whilee Marquis' term was to expir at the end of 2010.
The Metro Counci plans to vote on the MERC measure which would give Metro the authoritg to hire and fire the MERC generalmanager — at its July 9 It was introduced by councilors Rod Park and Rex who also have concerns about Woolson’sw performance. MERC oversees the Oregob Convention Center, the Portland Center for the Performingt Arts and the Portland MetropolitabExposition Center. Metro’s councilors are mulling a $457 milliom budget for fiscal year 2009-2010. The regionakl government serves 1.4 million peoplde in the metropolitan area’s 25 cities.
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