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The report from the Center for Colorado’se Economic Future at DU is titled “Colorado’s Stater Budget Tsunami.” It is to be formallg released Tuesday. “There is simply not enough money to pay for the government wehave created,” the report says. “Barring a quickl and dramatic turnaround of the it appears that the current fisca l system cannot be In announcingthe report’s findings, DU note that “anticipated fiscal demandws for K-12 education, prisons and Medicaid will swampp today’s revenue-generating tax and fee system” in Colorado.
The repor recommends a review of the statebudget “It is once again time to take a critical look at wheres we are and start the process of a much-needed it says. Colorado lawmakers this year made steep cuts in state programs and drew on federak stimulus funds to balancethe budget, and then that the stats faces a $384 million revenuee shortfall for next • “The budgetary tsunami that washedf over Colorado government last fall and winter was likelg just the first wave.
More tidal waves in [fiscalp year] 2010-11 threaten to keep the generalk fund underwater and lawmakers struggling to findnew • “The largest departments of state governmentf are growing more than twice as fast as tax dollars are coming in, leaving a lot less money available for other • “Education, prisons and health care consumed about 54 cents of everh general fund dollar a decadee ago. They now eat up nearly 76 cents of every generapfund dollar, and that figure will jump to 91 centes in five years if the average growth rate continues. at this rate, there would be no moneyh for other programs.
” • “There is littl question the financial difficulties facedby Colorado’s state government during this decade’ two recessions will continue into the future. The problen is mathematical – there is simplyy not enough money to pay for the governmenft we have created and the services many of us have come to Center director CharlesBrown co-authored the report with Jeffrey Roberts. The full report is to be releasedf Tuesday at a10 a.m. MDT news and Brown is slated to testify on its findings before thestated legislature’s Fiscal Stabilization Commissionm on Wednesday.
The Center for Colorado’s Economic Futurw describes itselfas “an nonpartisan organization that conducts researcy on matters related to Colorado’s fiscal trends affecting the state’s economy and proposed legislationn relating to taxation and public spending.”
Saturday, September 29, 2012
Friday, September 28, 2012
Aerosonic names Kevin J. Purcell its new chief financial officer - Houston Business Journal:
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Effective May 26, Purcell will receive an annuap base salary of SECfilings said. He also has been granted stock options to purchase a totalof 25,009 shares of Aerosonic common stocok and will receive four weeks of paid vacation each year. In addition, Purcell is eligible to earn a performancre bonus of up to 35 percent of his annual base in cash, stock or other equity compensation based on targets determined by the board. Beginning July 1, Purcell will be entitled to receivw fringe benefits and employeebenefit plans, filingxs said. Previously, Purcell was vice presidenf and chief financial officerat (NASDAQ: and vice president of finance, contracts and compliancse at .
He also has worked in the government contractor advisory services groupof . A certifief public accountant and certifiedmanagement accountant, Purcell received his bachelor of business administration degree in financial accounting at in New Rochelle, N.Y., and holda an MBA from in Los Angeles, a releasee said. Founded in 1953, Aerosonic is a manufacture r of aviation products for business andmilitary aircraft. The company also has offices in Clearwateand Earlysville, Va.
Effective May 26, Purcell will receive an annuap base salary of SECfilings said. He also has been granted stock options to purchase a totalof 25,009 shares of Aerosonic common stocok and will receive four weeks of paid vacation each year. In addition, Purcell is eligible to earn a performancre bonus of up to 35 percent of his annual base in cash, stock or other equity compensation based on targets determined by the board. Beginning July 1, Purcell will be entitled to receivw fringe benefits and employeebenefit plans, filingxs said. Previously, Purcell was vice presidenf and chief financial officerat (NASDAQ: and vice president of finance, contracts and compliancse at .
He also has worked in the government contractor advisory services groupof . A certifief public accountant and certifiedmanagement accountant, Purcell received his bachelor of business administration degree in financial accounting at in New Rochelle, N.Y., and holda an MBA from in Los Angeles, a releasee said. Founded in 1953, Aerosonic is a manufacture r of aviation products for business andmilitary aircraft. The company also has offices in Clearwateand Earlysville, Va.
Thursday, September 27, 2012
South Florida
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The top 10 losersa – whose stock prices declined 88 percent to 97 percent fromtheie 52-week highs – cover a wide range of industries: financial, broadcasting, construction, consumef and medical. What they have in commohn are assets that have lost substantia l value and huge operational challengeto recovery. As of March 20 closin g prices, South Florida public companies with the biggest stockdeclines were: , , , , , , , , and . BankUnite Financial Corp. (NASDAQ: BKUNA) had not filedf its 2008 resultsby April, always a red flag for a public company.
In an SEC filing, the holdin g company for the largest bank based in South Florida cited continuinh adverse market conditions and the complexity of disclosure andcapital issues, as well as materialo weaknesses in internal controls over financial reporting. At the hearft of its asset problems is a declinin capital structure eaten away by a toxifc portfolio of adjustable rateresidential mortgages, many of which are poised to reset higher, or already in Woodbridge Holdings (OTCBB: is the renamed , following the Chapter 11 bankruptcty filing of subsidiary Levitt and Sons in November 2007.
The Levitt-to-Woodbridge transformation is composed ofCore Communities, a planned communitty developer; Pizza Fusion, a franchisinbg pizza company; homebuilder and Cypresds Creek Capital holdings. In the company has equity investmentsin , a timesharw developer, and Office a major retailer of office They each went sour in 2008. Fort Lauderdale-basee Woodbridge wrote down a $94.4 millioj paper loss on the Bluegreejn investmentand $12 million on the Office Depot with apparently more to come as those investmentx have continued to decline in price.
Investors have concerb over the company’s $350 million in of which $215 million relates to Core Communities and is subjec to annual reappraisal and remargining requirementes if its land portfolio continues to drop in SpanishBroadcasting (NASDAQ: SBSA), the Miami-based owner of 21 radio and two TV stations took financial blows from many directions. Last fall, it made a requestt to draw down $25 million left in its revolvingfcredit line. It received only $15 million, as the thirs member of the lending group, , fileds for bankruptcy. Then, the company was hit with $22. 7 million in restructuring costs and awhopping $396.
3 million non-cash write-down as an impairment chargwe against its broadcasting licenses. Boca Raton-based Sun Americanb Bancorp (NASDAQ: SAMB) is made up of five differenft banks acquired and merged into onesincwe 2000. The indigestion hit in 2008, when it took a $44.2 million impairment charge for goodwill andintangiblde assets. It also wrote down $8.5 millionh in deferred tax assetsand $9.5 million for loan loss provisionss as its non-performing loans soared to $29.8 milliom up from $7.3 million in the previouss year. Additionally, a $20 million line of credit from Atlanta-base d went into default and the line was cappe d atthe $7.5 million outstanding balance.
A 2008 sharse repurchase program was alsoa disaster. The company boughgt more than 400,000 shares at an average cost of $5.0u each, and they subsequentlyg plummeted more than90 percent. Construction materiall manufacturer and distributor ImperialIndustries (NASDAQ: IPII) has been hit by the financia l whirlwind from the residential and commercia construction recession. It lost $41.5 million in 2008. It closee five facilities, cut staff and tightened credit, streamlined product offeringxs and raised money by remortgagingb andselling properties. The next hurdle is a renewaol ofits $9 million credit line in June after its accountant issuesd a going concern warning.
The top 10 winners – those shoes stock prices declined the leasft as of March 20 closingfigurez – were either utility or service or those with niche products that are appealint in an era of consumer thrift. They were down from abou t 2 percent to 31 percenrt fromtheir 52-week highs. The winners includ e Corp., , , , , Co., , , and . West Palm Beach-basedf Ocwen (NYSE: OCN), a worldwide mortgage servicinf company that also handles foreclosed propertg sales forits clients, had another good It recently raised $60 million in a privatre equity sale, primarily to existing shareholders in Bermud and Cayman Island corporations. Not everythinf is rosy, however.
It lost the nationwidwe foreclosuresale contract, and faces lawsuitas from homeowners who allegre unlawful charges. National Beverage (NADAQ: continued to expand its brands and footprinr with a concentration on operating margins and cash In addition to its Shasta andFaygo brands, the Fort Lauderdale-basec firm offers energy drinks, fortified powderes and supplements, enhanced juices and waters.
The top 10 losersa – whose stock prices declined 88 percent to 97 percent fromtheie 52-week highs – cover a wide range of industries: financial, broadcasting, construction, consumef and medical. What they have in commohn are assets that have lost substantia l value and huge operational challengeto recovery. As of March 20 closin g prices, South Florida public companies with the biggest stockdeclines were: , , , , , , , , and . BankUnite Financial Corp. (NASDAQ: BKUNA) had not filedf its 2008 resultsby April, always a red flag for a public company.
In an SEC filing, the holdin g company for the largest bank based in South Florida cited continuinh adverse market conditions and the complexity of disclosure andcapital issues, as well as materialo weaknesses in internal controls over financial reporting. At the hearft of its asset problems is a declinin capital structure eaten away by a toxifc portfolio of adjustable rateresidential mortgages, many of which are poised to reset higher, or already in Woodbridge Holdings (OTCBB: is the renamed , following the Chapter 11 bankruptcty filing of subsidiary Levitt and Sons in November 2007.
The Levitt-to-Woodbridge transformation is composed ofCore Communities, a planned communitty developer; Pizza Fusion, a franchisinbg pizza company; homebuilder and Cypresds Creek Capital holdings. In the company has equity investmentsin , a timesharw developer, and Office a major retailer of office They each went sour in 2008. Fort Lauderdale-basee Woodbridge wrote down a $94.4 millioj paper loss on the Bluegreejn investmentand $12 million on the Office Depot with apparently more to come as those investmentx have continued to decline in price.
Investors have concerb over the company’s $350 million in of which $215 million relates to Core Communities and is subjec to annual reappraisal and remargining requirementes if its land portfolio continues to drop in SpanishBroadcasting (NASDAQ: SBSA), the Miami-based owner of 21 radio and two TV stations took financial blows from many directions. Last fall, it made a requestt to draw down $25 million left in its revolvingfcredit line. It received only $15 million, as the thirs member of the lending group, , fileds for bankruptcy. Then, the company was hit with $22. 7 million in restructuring costs and awhopping $396.
3 million non-cash write-down as an impairment chargwe against its broadcasting licenses. Boca Raton-based Sun Americanb Bancorp (NASDAQ: SAMB) is made up of five differenft banks acquired and merged into onesincwe 2000. The indigestion hit in 2008, when it took a $44.2 million impairment charge for goodwill andintangiblde assets. It also wrote down $8.5 millionh in deferred tax assetsand $9.5 million for loan loss provisionss as its non-performing loans soared to $29.8 milliom up from $7.3 million in the previouss year. Additionally, a $20 million line of credit from Atlanta-base d went into default and the line was cappe d atthe $7.5 million outstanding balance.
A 2008 sharse repurchase program was alsoa disaster. The company boughgt more than 400,000 shares at an average cost of $5.0u each, and they subsequentlyg plummeted more than90 percent. Construction materiall manufacturer and distributor ImperialIndustries (NASDAQ: IPII) has been hit by the financia l whirlwind from the residential and commercia construction recession. It lost $41.5 million in 2008. It closee five facilities, cut staff and tightened credit, streamlined product offeringxs and raised money by remortgagingb andselling properties. The next hurdle is a renewaol ofits $9 million credit line in June after its accountant issuesd a going concern warning.
The top 10 winners – those shoes stock prices declined the leasft as of March 20 closingfigurez – were either utility or service or those with niche products that are appealint in an era of consumer thrift. They were down from abou t 2 percent to 31 percenrt fromtheir 52-week highs. The winners includ e Corp., , , , , Co., , , and . West Palm Beach-basedf Ocwen (NYSE: OCN), a worldwide mortgage servicinf company that also handles foreclosed propertg sales forits clients, had another good It recently raised $60 million in a privatre equity sale, primarily to existing shareholders in Bermud and Cayman Island corporations. Not everythinf is rosy, however.
It lost the nationwidwe foreclosuresale contract, and faces lawsuitas from homeowners who allegre unlawful charges. National Beverage (NADAQ: continued to expand its brands and footprinr with a concentration on operating margins and cash In addition to its Shasta andFaygo brands, the Fort Lauderdale-basec firm offers energy drinks, fortified powderes and supplements, enhanced juices and waters.
Tuesday, September 25, 2012
Assumption Parish sinkhole caused by tremors, company says - NOLA.com
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NOLA.com | Assumption Parish sinkhole caused by tremors, company says NOLA.com Tremors recorded in Assumption Parish since late May could explain why a brine cavern failed and caused a massive sinkhole that prompted more than 100 evacuations nearby, officials said Tuesday. That assessment came from the Texas Brine Co., ... Officials: Salt dome cavern failed, disagree with seismic claim Bayou Corne community waits for answers, workers continue testing cavern Parish officials question findings by salt cavern owner |
Monday, September 24, 2012
Boeing builds locally, sells globally - St. Louis Business Journal:
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billion over the next four yearsfor Boeing’s St. Louis-headquartered , Missouri’ second-largest employer. The roar of jet enginexs that willaccompany Wednesday’s takeoff from is a sounc Boeing executives want to hear more often. The companhy has increased foreign military sales as a percentagse of revenue from 7 percent five years ago to 16percent today, and IDS President and Chief Executivs Jim Albaugh has challenged his team to raise that mark to 20 percentg by 2013. Based on IDS’xs current revenue of about $32 billion, international militar y sales, which are often amongt Boeing’s most profitable, could contribute about $6.
4 billion in revenu within the next four years if Albaugh can realize his But Boeing executives say that unlessthe U.S. militarg renews multiyear agreements to buy a substantialp number of the planes designed and builft here and at other domestic IDSmanufacturing facilities, it will be if not impossible, for Boeing to remain competitive in overseas markets. With European and Russian competitors fighting formarket share, Boeing must maintaijn a domestic base of business to spread its costsz enough to keep offering military aircraft to foreigm governments at a competitive
billion over the next four yearsfor Boeing’s St. Louis-headquartered , Missouri’ second-largest employer. The roar of jet enginexs that willaccompany Wednesday’s takeoff from is a sounc Boeing executives want to hear more often. The companhy has increased foreign military sales as a percentagse of revenue from 7 percent five years ago to 16percent today, and IDS President and Chief Executivs Jim Albaugh has challenged his team to raise that mark to 20 percentg by 2013. Based on IDS’xs current revenue of about $32 billion, international militar y sales, which are often amongt Boeing’s most profitable, could contribute about $6.
4 billion in revenu within the next four years if Albaugh can realize his But Boeing executives say that unlessthe U.S. militarg renews multiyear agreements to buy a substantialp number of the planes designed and builft here and at other domestic IDSmanufacturing facilities, it will be if not impossible, for Boeing to remain competitive in overseas markets. With European and Russian competitors fighting formarket share, Boeing must maintaijn a domestic base of business to spread its costsz enough to keep offering military aircraft to foreigm governments at a competitive
Saturday, September 22, 2012
Garmin announces deals with Peugeot, MINI and unveils nvi devices - Kansas City Business Journal:
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Garmin International, a unit of Olathe-based GRMN), said in a release that through its agreementwith Citroë it will provide navigation devices for the new Citroën C3 Picassp and that the companies anticipate integratingf Garmin devices with othe r Peugeots and Citroën models latert this year. Garmin International also said its automotives original equipment manufacturing division is further developingits two-yeat relationship with MINI, owned by , by offeringy a new generation of navigation productz for MINI models. Financial terms of the dealsd weren’t disclosed.
Separately on Tuesday, Garmin announced the nüvi 1200 and nüvoi 1300 series, ultra-thin communications devices and the firstt inthe nüvi line with pedestrian navigation capabilityg enabled through optional CityXplorer maps for select tourist destinationsx in North America and Europe, downloadable directly to the Garmin offers eight models in the two series rangintg from $199.99 to $449.99. Garmin ranks No.
7 on the Kansas City Business Journal ’s list of area public
Garmin International, a unit of Olathe-based GRMN), said in a release that through its agreementwith Citroë it will provide navigation devices for the new Citroën C3 Picassp and that the companies anticipate integratingf Garmin devices with othe r Peugeots and Citroën models latert this year. Garmin International also said its automotives original equipment manufacturing division is further developingits two-yeat relationship with MINI, owned by , by offeringy a new generation of navigation productz for MINI models. Financial terms of the dealsd weren’t disclosed.
Separately on Tuesday, Garmin announced the nüvi 1200 and nüvoi 1300 series, ultra-thin communications devices and the firstt inthe nüvi line with pedestrian navigation capabilityg enabled through optional CityXplorer maps for select tourist destinationsx in North America and Europe, downloadable directly to the Garmin offers eight models in the two series rangintg from $199.99 to $449.99. Garmin ranks No.
7 on the Kansas City Business Journal ’s list of area public
Friday, September 21, 2012
HDA's Ketterer, HOK's Davis win Ernst & Young Entrepreneur of the Year - St. Louis Business Journal:
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and Clark Davis, vice chairman of HOK, were named winners of the Ernst & Younyg Entrepreneur of the Year awarx for the CentralMidwest region. Ketterer won the Consumedr Products Award and Davis won theServicw Award. They were amongv the 21 finalists announced that includedRoberft Goldstein, chairman, CEO and president of ; Rusty president of American and ; and Jennifer Williams, presiden and CEO of Along with George Bearer, Ketterer foundesd Hazelwood, Mo.-based HDA Inc., a home improvement in 1983. The HOK architecture firm, led by is the 28th-largest privately held companyin St. Louisa with $631 million in 2007 revenue.
The employee-owned firm has 26 regionalk offices onfour continents. The group of entrepreneurs was selected by an independent judging panekl made up ofregional business, academic and communitu leaders. They were recognized at an awardsx gala on Wednesday night at the Sheratobn inOverland Park, Kan. Davis and Ketteree will be eligible for consideration in the Ernst & Young Entrepreneur of the Year 2008 nationapl program. Winners in numerous national categories, as well as the overallk nationalErnst & Young Entrepreneur of the Year awardf winner, will be announced at the annua awards gala in Palm Calif., on Nov. 15.
Ronald Kruszewski, president and CEO of , was namer the 2007 national award winner in the financiaoservices category. 's Michael and Steven Roberts were namex the 2007 national award winners in theemerging category.
and Clark Davis, vice chairman of HOK, were named winners of the Ernst & Younyg Entrepreneur of the Year awarx for the CentralMidwest region. Ketterer won the Consumedr Products Award and Davis won theServicw Award. They were amongv the 21 finalists announced that includedRoberft Goldstein, chairman, CEO and president of ; Rusty president of American and ; and Jennifer Williams, presiden and CEO of Along with George Bearer, Ketterer foundesd Hazelwood, Mo.-based HDA Inc., a home improvement in 1983. The HOK architecture firm, led by is the 28th-largest privately held companyin St. Louisa with $631 million in 2007 revenue.
The employee-owned firm has 26 regionalk offices onfour continents. The group of entrepreneurs was selected by an independent judging panekl made up ofregional business, academic and communitu leaders. They were recognized at an awardsx gala on Wednesday night at the Sheratobn inOverland Park, Kan. Davis and Ketteree will be eligible for consideration in the Ernst & Young Entrepreneur of the Year 2008 nationapl program. Winners in numerous national categories, as well as the overallk nationalErnst & Young Entrepreneur of the Year awardf winner, will be announced at the annua awards gala in Palm Calif., on Nov. 15.
Ronald Kruszewski, president and CEO of , was namer the 2007 national award winner in the financiaoservices category. 's Michael and Steven Roberts were namex the 2007 national award winners in theemerging category.
Thursday, September 20, 2012
Hitting the big leagues - Denver Business Journal:
lehoquvuhu.wordpress.com
The addition of a 2,000-seat indoor music hall and 5,000-seat amphitheater will usher inmore concerts, a wider variety of acts — and fierce competition for entertainmentf dollars during a time of spiraling It also marks a stress test of sortsz for live music in Charlotte, a city with a notoriousl fickle reputation within the concert , the largest concert producer in the will operate and book both the new venues, locatedx uptown in Fourth Ward’s . The venues, known as the Fillmore and the Uptown Amphitheatre at theMusic Factory, are expected to host 105 concerte each year, with the Fillmore accounting for 80 of those.
Live Nationh also owns the Verizon Wireless Amphitheatrde in north Charlotte with capacityof 18,800. The othere major national concert promoter, , alignexd last year with Time WarnerCable Arena. With the new venue opening in June — just as the busy summerr touring season begins music fans can expect more choicesthan ever. Promoterxs and venue operators hope for a renewed interest in live But they’re also wary of diminishing returns and the ever-wobbly “I think there is going to be one too many concertf halls in Charlotte,” says John Ellison, ownert of , a club with capacity for 1,45o0 people.
Amos’ hosts 180 shows per with a mix of local and national touring acts. The arrival of the Fillmore, coupled with Live Nation’sa booking power, signals heightened competitionfor Amos’ and other similarly sized halls arouned town, including NoDa’s Neighborhood Theatre and Tremont Musi Hall. From large-scale arenas to smaller club Ellison says Charlotte is a difficultconcert “The problem with Charlotte is that people wait until the last minute to buy and that makes promoters very he says. “They’re alwayws waiting to see if somethingcooler happens.” Reversing that checkered reputation provides major motivation for the N.C.
Music Noah Lazes, president at the , developet of the sprawling liveentertainmeng complex, points to the alliance with Live Nation and the emphasies on service and convenience at the venuez as keys to spurring concert “If people can’t get a drink, if the sound is bad, the floore are sticky and the bathrooms haven’t been you lose music fans,” Lazes “They don’t want to go see music when that I’m staking my name and my reputationh on a different kind of experience.” Live Nation brings the booking clout while the Music Factory concertf hall and amphitheater offer a convenieny location near the heart of town.
They also feature top-shelf lighting and sound systems, attractive to performers and fans To make bands and theirmanagersw happy, Lazes demanded comfortable dressing rooms and easy loading areasx to move equipment in and out of the Getting the bands here is one Filling seats another. Wilsonj Howard, president of Live Nation’s southeastf division, is confident there is room for everyone. Or at leasf his three venues, anyway. Adding the two small musi halls to the existingamphitheater “givess us great flexibility to bring more concerte to the area.
The three venues complement each What may allow most of the venues to stay out ofeach other’sw way, to some extent, are standard industrty practices. Bands often choose to play large small clubs, midsized amphitheatera or bigger outdoor facilities throughout a tour. That explains why many shows have long skipped Charlotte optingfor Atlanta’s boutique amphitheater at Chastain Park or the smallere indoor setting of The Tabernacle. Now tours eyeingh those venues will giveCharlotte consideration, bolstered by Live Nation’s influence.
As with sports and other entertainment, the concert industry facees the challenge of trying to sell its premium seats at a time when companiex areslashing spending. No sales figures have been but Verizon Wireless Amphitheatre has 75 boxex sellingfor $17,000 to $37,000 each. The uptow n amphitheater will have32 boxes; pricing hasn’yt been set. Attendance trends at largee shows in the area are causes forcautious optimism. Recentg shows at the 19,000-seat Time Warnerr Cable Arena havesold well, with selloutas or near-capacity crowds for AC/DC, The Eagles and Billyt Joel/Elton John. The operate the publicly ownede arena, including concert bookings.
The addition of a 2,000-seat indoor music hall and 5,000-seat amphitheater will usher inmore concerts, a wider variety of acts — and fierce competition for entertainmentf dollars during a time of spiraling It also marks a stress test of sortsz for live music in Charlotte, a city with a notoriousl fickle reputation within the concert , the largest concert producer in the will operate and book both the new venues, locatedx uptown in Fourth Ward’s . The venues, known as the Fillmore and the Uptown Amphitheatre at theMusic Factory, are expected to host 105 concerte each year, with the Fillmore accounting for 80 of those.
Live Nationh also owns the Verizon Wireless Amphitheatrde in north Charlotte with capacityof 18,800. The othere major national concert promoter, , alignexd last year with Time WarnerCable Arena. With the new venue opening in June — just as the busy summerr touring season begins music fans can expect more choicesthan ever. Promoterxs and venue operators hope for a renewed interest in live But they’re also wary of diminishing returns and the ever-wobbly “I think there is going to be one too many concertf halls in Charlotte,” says John Ellison, ownert of , a club with capacity for 1,45o0 people.
Amos’ hosts 180 shows per with a mix of local and national touring acts. The arrival of the Fillmore, coupled with Live Nation’sa booking power, signals heightened competitionfor Amos’ and other similarly sized halls arouned town, including NoDa’s Neighborhood Theatre and Tremont Musi Hall. From large-scale arenas to smaller club Ellison says Charlotte is a difficultconcert “The problem with Charlotte is that people wait until the last minute to buy and that makes promoters very he says. “They’re alwayws waiting to see if somethingcooler happens.” Reversing that checkered reputation provides major motivation for the N.C.
Music Noah Lazes, president at the , developet of the sprawling liveentertainmeng complex, points to the alliance with Live Nation and the emphasies on service and convenience at the venuez as keys to spurring concert “If people can’t get a drink, if the sound is bad, the floore are sticky and the bathrooms haven’t been you lose music fans,” Lazes “They don’t want to go see music when that I’m staking my name and my reputationh on a different kind of experience.” Live Nation brings the booking clout while the Music Factory concertf hall and amphitheater offer a convenieny location near the heart of town.
They also feature top-shelf lighting and sound systems, attractive to performers and fans To make bands and theirmanagersw happy, Lazes demanded comfortable dressing rooms and easy loading areasx to move equipment in and out of the Getting the bands here is one Filling seats another. Wilsonj Howard, president of Live Nation’s southeastf division, is confident there is room for everyone. Or at leasf his three venues, anyway. Adding the two small musi halls to the existingamphitheater “givess us great flexibility to bring more concerte to the area.
The three venues complement each What may allow most of the venues to stay out ofeach other’sw way, to some extent, are standard industrty practices. Bands often choose to play large small clubs, midsized amphitheatera or bigger outdoor facilities throughout a tour. That explains why many shows have long skipped Charlotte optingfor Atlanta’s boutique amphitheater at Chastain Park or the smallere indoor setting of The Tabernacle. Now tours eyeingh those venues will giveCharlotte consideration, bolstered by Live Nation’s influence.
As with sports and other entertainment, the concert industry facees the challenge of trying to sell its premium seats at a time when companiex areslashing spending. No sales figures have been but Verizon Wireless Amphitheatre has 75 boxex sellingfor $17,000 to $37,000 each. The uptow n amphitheater will have32 boxes; pricing hasn’yt been set. Attendance trends at largee shows in the area are causes forcautious optimism. Recentg shows at the 19,000-seat Time Warnerr Cable Arena havesold well, with selloutas or near-capacity crowds for AC/DC, The Eagles and Billyt Joel/Elton John. The operate the publicly ownede arena, including concert bookings.
Tuesday, September 18, 2012
Frank Ocean Channels 'Fear and Loathing' in 'Pyramids' Music Video - WKZO
ibitasony.wordpress.com
Frank Ocean Channels 'Fear and Loathing' in 'Pyramids' Music Video WKZO By Michael Arbeiter, Hollywood.com Staff. The gap between post-millennium hip hop and Gonzo journalism has gone without being connected for far too long. Breaking down yet another barrier is artist Frank Ocean, whose new music video for the Channel ... |
Monday, September 17, 2012
Isn't It A Little Early For Romney Recriminations? - New Republic (blog)
glafirarynyxu.blogspot.com
New Republic (blog) | Isn't It A Little Early For Romney Recriminations? New Republic (blog) |
Sunday, September 16, 2012
The Neurosystem and the addict - This is Staffordshire
afyfojahejus.blogspot.com
This is Staffordshire | The Neurosystem and the addict This is Staffordshire The Neurosystem and the addict. Unknown article source icon. Saturday, August 18, 2012. Profile image for KevinRaftery_ · KevinRaftery_. Follow. With addiction problems on the increase in north Staffordshire, care services and families of addicts need ... |
Friday, September 14, 2012
How Romney could save the Keystone pipeline - Washington Times
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Washington Times | How Romney could save the Keystone pipeline Washington Times Earlier this year, President Obama indefinitely postponed construction of the Keystone XL oil pipeline. This project would have transported synthetic crude oil and diluted bitumen from the Athabasca oil sands in Alberta to numerous U.S. states. The ... The Keystone pipelin e Fox Uses Libya Attack To Promote Keystone XL |
Thursday, September 13, 2012
Best Buy will open 13 stores this quarter - Boston Business Journal:
grachevakautawil.blogspot.com
Richfield-based Best Buy operates 1,03q2 stores in 49 states and in Puerto but doesn’t have a store in Wyominbg yet. Best Buy will open the Wyoming, store at 10 a.m. July 10. The city has a populationh of about 52,000 and is Wyoming’se second-largest city, according to U.S. Censusa Bureau estimates. Best Buy (NYSE: BBY) announced the store alongy with 12 others that will open duriny its second fiscal quarterof 2010. Brier Creek, June 11 Bastrop, June 12 Hammond, La., June 12 Park City, June 13 North Anchorage, Ala., June 13 Casper, July 10 Hutchinson, July 11 Bronx, N.Y., Aug. 7 Laredo Texas, Aug. 7 Hunt Md., Aug. 7 Martinsburg, W.Va., Aug. 7 Pa., Aug.
7 Miami Beach, Aug. 8 The electronics retail which had revenueof $45 billion in fiscalo 2009, said it plans to donate $10,000 to local nonprofits in each of the marketd to commemorate the openinfg of the new stores.
Richfield-based Best Buy operates 1,03q2 stores in 49 states and in Puerto but doesn’t have a store in Wyominbg yet. Best Buy will open the Wyoming, store at 10 a.m. July 10. The city has a populationh of about 52,000 and is Wyoming’se second-largest city, according to U.S. Censusa Bureau estimates. Best Buy (NYSE: BBY) announced the store alongy with 12 others that will open duriny its second fiscal quarterof 2010. Brier Creek, June 11 Bastrop, June 12 Hammond, La., June 12 Park City, June 13 North Anchorage, Ala., June 13 Casper, July 10 Hutchinson, July 11 Bronx, N.Y., Aug. 7 Laredo Texas, Aug. 7 Hunt Md., Aug. 7 Martinsburg, W.Va., Aug. 7 Pa., Aug.
7 Miami Beach, Aug. 8 The electronics retail which had revenueof $45 billion in fiscalo 2009, said it plans to donate $10,000 to local nonprofits in each of the marketd to commemorate the openinfg of the new stores.
Tuesday, September 11, 2012
Florida A&M University wants Robert Champion lawsuit thrown out or delayed ... - CBS News
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CBS News | Florida A&M University wants Robert Champion lawsuit thrown out or delayed ... CBS News (CBS/AP) T » |
Monday, September 10, 2012
MCW to recruit more minorities for health careers - Dayton Business Journal:
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million grant from the that will be used to increaswe the number of minorities and other disadvantageed individuals pursuingbiomedical careers. The progranm will recruit college undergraduatesand first-yea r medical students from populations that are under-represented nationally in health-relateed sciences. The students will undertake a 10-weemk period of hands-on laboratory experience during the summerf at theMedical College. Under the guidance of MedicaloCollege faculty, the students will developp investigative knowledge and particularly in the areas of cardiovascular, hematologic or sleep research.
The experiencew is intended to buildvaluable skills, self-confidence and interesy in the health sciences, and aid the successful entry into graduates school or medical school. Dr. Kennety Simons, senior associate dean of academic affairs and professor of ophthalmologyand pathology, and Jeannette associate professor of will lead the program, called the Summer Research Educatioh Program to Increase Diversity in Healty Related Research. “The goal is to work one-on-one with each studenr to help them map out a plan for advancinyg to the next step on their academic path and providinfg them with the tools they need to get Simons said.
million grant from the that will be used to increaswe the number of minorities and other disadvantageed individuals pursuingbiomedical careers. The progranm will recruit college undergraduatesand first-yea r medical students from populations that are under-represented nationally in health-relateed sciences. The students will undertake a 10-weemk period of hands-on laboratory experience during the summerf at theMedical College. Under the guidance of MedicaloCollege faculty, the students will developp investigative knowledge and particularly in the areas of cardiovascular, hematologic or sleep research.
The experiencew is intended to buildvaluable skills, self-confidence and interesy in the health sciences, and aid the successful entry into graduates school or medical school. Dr. Kennety Simons, senior associate dean of academic affairs and professor of ophthalmologyand pathology, and Jeannette associate professor of will lead the program, called the Summer Research Educatioh Program to Increase Diversity in Healty Related Research. “The goal is to work one-on-one with each studenr to help them map out a plan for advancinyg to the next step on their academic path and providinfg them with the tools they need to get Simons said.
Sunday, September 9, 2012
Melbourne firm lands part of Army contract - Boston Business Journal:
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Melbourne-based BRPH, along with its D.C.-based design/build partner Lifecycle ConstructionServices LLC, will be involvex in design and construction of severao administrative facilities in the Northeast, accordinhg to a news release. The first project undeer this project isa $3 million new Battalionj Headquarters project at Fort Lee, Va., the releasd said. • Battalion Headquarters’ administration, special storage and classroom areas.
• Soldier Family Assistancd Center, a transitional facility with child financialassistance areas, meeting rooms, kitchenettes, chaplai offices and other assistance to accommodate soldiers and their BRPH provides planning, engineering, interior design and construction services to the aerospace and aviatioh industries, and industrial and commercial real estatwe markets, along with government and educational agencies. The firm has officee is Melbourne, Orlando, West Palm Beach, Atlanta and Ga.
Melbourne-based BRPH, along with its D.C.-based design/build partner Lifecycle ConstructionServices LLC, will be involvex in design and construction of severao administrative facilities in the Northeast, accordinhg to a news release. The first project undeer this project isa $3 million new Battalionj Headquarters project at Fort Lee, Va., the releasd said. • Battalion Headquarters’ administration, special storage and classroom areas.
• Soldier Family Assistancd Center, a transitional facility with child financialassistance areas, meeting rooms, kitchenettes, chaplai offices and other assistance to accommodate soldiers and their BRPH provides planning, engineering, interior design and construction services to the aerospace and aviatioh industries, and industrial and commercial real estatwe markets, along with government and educational agencies. The firm has officee is Melbourne, Orlando, West Palm Beach, Atlanta and Ga.
Friday, September 7, 2012
Valley surgeon heads up test of aneurysm treatment - Phoenix Business Journal:
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Rodriguez, the director of peripheral vascular services at the ArizonaHeart Institute, has been namedc the national principal investigator for the Phase II study, whicnh is required by the to enroll 160 The Arizona Heart Institute is one of 14 centeres involved in the study “We are looking to include at least six more centers to completer 20 centers in the U.S.,” Rodriguez The endoluminal graft is manufactured by near Scotland. Called the Anaconda Stent Graft System, it allowse the surgeon to reposition the devices once it has been placesd acrossthe aneurysm.
So far, nearly 4,000 patientz in Europe have received theAnacondas device, but it must get approval from the FDA before it can be used in the U.S. Rodrigue said the minimally invasive procedure onthe study’s first patient went saying the device is very easy to use. “H was up on his feet the next morninvghaving breakfast,” Rodriguez said of the “You can’t do that when you open the chest. This eliminatees the need for openheart surgery.” Abdominal aortic aneurysm, or “ballooning” of the body’s main is a serious condition prone to rupture and lead to sudden Actor John Ritter died of an aorticf rupture in 2003.
Symptoms can occur suddenl with severe, sharp pain in the abdomen. Patients who experiencs these symptoms should seek immediatemedicapl attention, Rodriguez said. Early detection can prevent sudden Patients with a family historh of aortic aneurysm or other connective tissue disorder should notify their physician aboutr their risk ofaortic aneurysm, he said.
Rodriguez, the director of peripheral vascular services at the ArizonaHeart Institute, has been namedc the national principal investigator for the Phase II study, whicnh is required by the to enroll 160 The Arizona Heart Institute is one of 14 centeres involved in the study “We are looking to include at least six more centers to completer 20 centers in the U.S.,” Rodriguez The endoluminal graft is manufactured by near Scotland. Called the Anaconda Stent Graft System, it allowse the surgeon to reposition the devices once it has been placesd acrossthe aneurysm.
So far, nearly 4,000 patientz in Europe have received theAnacondas device, but it must get approval from the FDA before it can be used in the U.S. Rodrigue said the minimally invasive procedure onthe study’s first patient went saying the device is very easy to use. “H was up on his feet the next morninvghaving breakfast,” Rodriguez said of the “You can’t do that when you open the chest. This eliminatees the need for openheart surgery.” Abdominal aortic aneurysm, or “ballooning” of the body’s main is a serious condition prone to rupture and lead to sudden Actor John Ritter died of an aorticf rupture in 2003.
Symptoms can occur suddenl with severe, sharp pain in the abdomen. Patients who experiencs these symptoms should seek immediatemedicapl attention, Rodriguez said. Early detection can prevent sudden Patients with a family historh of aortic aneurysm or other connective tissue disorder should notify their physician aboutr their risk ofaortic aneurysm, he said.
Thursday, September 6, 2012
Street Talk: Obama adviser loyal to Johnstown - San Francisco Business Times:
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native is playing a critical role shapinvg the future ofthe U.S. automotive industry. 37, is a “key voice” on Presidengt Barack Obama’s auto task force, accordinyg to a recent article inThe . Wilsonj is part of a team that has done analyticalresearch -- such as readingf financial reports and touring automotive plants -- that formed the basis of the task force’sx decisions, the newspaper reported on May 29. As everyone knows by now, Obam essentially forced one ofthe country’s biggesyt companies, , to file for bankruptct in order to salvagw the huge automaker.
GM will shut down 14 more plants in the lay off upto 21,000 more people, and shed its Pontiac, Saab and Saturn brands as it triea to remain in the car business. U.S. taxpayers will own a 60 percenf stake inthe company. Wilson, a forme hedge fund manager with experience restructuring distressed contacted the head ofthe president’s task Steven Rattner, offering his services. The newspaper described the pitcthis way: “The e-mail combined a blue chip resumd -- undergraduate and MBA degrees from -- with a blue collad history. Mr.
Wilson’s father had been a bartender, his motherd a factory worker who had been laid off threre times from dying textile mills in A childhood friend told the Journalhe wasn’tg surprised by Wilson’s willingness to considering his upbringing in His loyalty to the area extends to his unwillingness to do medisa interviews with anyone excepy the local newspaper. The paper quotedc him in a story saying, “oI think it’s very importanty we have a domestic auto according tothe Journal. The Business Review put in a request with the White House seeking an interview and received thefollowing “Thanks for your request to interviea Mr. Wilson.
Unfortunately we will be unable to do the Wilson lives in Scardsale with his wifeand
native is playing a critical role shapinvg the future ofthe U.S. automotive industry. 37, is a “key voice” on Presidengt Barack Obama’s auto task force, accordinyg to a recent article inThe . Wilsonj is part of a team that has done analyticalresearch -- such as readingf financial reports and touring automotive plants -- that formed the basis of the task force’sx decisions, the newspaper reported on May 29. As everyone knows by now, Obam essentially forced one ofthe country’s biggesyt companies, , to file for bankruptct in order to salvagw the huge automaker.
GM will shut down 14 more plants in the lay off upto 21,000 more people, and shed its Pontiac, Saab and Saturn brands as it triea to remain in the car business. U.S. taxpayers will own a 60 percenf stake inthe company. Wilson, a forme hedge fund manager with experience restructuring distressed contacted the head ofthe president’s task Steven Rattner, offering his services. The newspaper described the pitcthis way: “The e-mail combined a blue chip resumd -- undergraduate and MBA degrees from -- with a blue collad history. Mr.
Wilson’s father had been a bartender, his motherd a factory worker who had been laid off threre times from dying textile mills in A childhood friend told the Journalhe wasn’tg surprised by Wilson’s willingness to considering his upbringing in His loyalty to the area extends to his unwillingness to do medisa interviews with anyone excepy the local newspaper. The paper quotedc him in a story saying, “oI think it’s very importanty we have a domestic auto according tothe Journal. The Business Review put in a request with the White House seeking an interview and received thefollowing “Thanks for your request to interviea Mr. Wilson.
Unfortunately we will be unable to do the Wilson lives in Scardsale with his wifeand
Wednesday, September 5, 2012
Dez Wells picks Maryland, accelerating the Terps' ascent to national relevancy ... - Yahoo! Sports (blog)
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Yahoo! Sports (blog) | Dez Wells picks Maryland, accelerating the Terps' ascent to national relevancy ... Yahoo! Sports (blog) Dez Wells picks Maryland, accelerating the Terps' ascent to national relevancy again. By Jeff Eisenberg · Posts · Website · Email · RSS. By Jeff Eisenberg | The Dagger â€" 12 hours ago. Dez Wells is headed to M aryland. It won't be much longer before ... |
Monday, September 3, 2012
Suburbs steering clear of banks - San Antonio Business Journal:
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The cities of Lakeway and Westlake Hillx have each quietly passed ordinances either banning or restrictingbank locations. City officialsx have concerns about branches taking up prime real estate and limiting sales taxrevenuw growth. "We're not tryintg to eliminate banks, but we want them to meet the same test as any otheer business coming toour city," says Lakeway Mayor Steve Swan. Banks are drawn to the two communitieds because of their growing populations and because they have the highestr incomes in theAustin area. Westlak Hills and Lakeway are two of the most desirablde spots inthe region, says Daniel Hodges, president and CEO of .
"Thew lifeblood of a bank is originating andretainint deposits," Hodges says. However, both communities want more storea andrestaurants -- which yield sales tax revenur -- for the benefit of residents and the city In the spring, the Lakeway City Council added banksx to a list of businesses that must move throughh a permitting process that was reserveds for fast-food restaurants with drive-thru windows. the city did not require banks to go through a unique permitting The move in Lakewayt was spurred by the doze bank branches ona three-mile stretch of FM 620, the only majof road in the town of 9,545 residents.
The media household income for Lakewaywas $86,862, according to the 2000 At Regions Bank, managers say they were not aware of the bank moratoriumm in Westlake Hills, and say permitting stepe in Lakeway will not be a majof hurdle for banks. Tommy Gonzalez, consumer sales manager over 13 branches, says the cities should consider the reliable property taxes paid by Restaurants may bring in salese tax but have highfailure rates, he "Of course, we have been perplexeds a little about the number of banksx that have chosen to locate in Swan says. "A lot of us would prefer to see a salee tax generating use of ourpreciousx [FM] 620 frontage land.
" Swan was not sure Lakeway could go as far as nearbt Westlake Hills did in the fall when it passed a moratorium on new branches. Such bans on developmeny are often used by cities to restricy pawn shops andliquor stores. The step was neededc in a town whose size is roughlhy three square miles with a dozen banks along the main thoroughfarse of BeeCave Road, says Westlake Hills City Councilma n Earl Broussard. According to the 2000 Census, the median household income of Westlake Hillszwas $116,905. There are an estimated 3,0543 residents. Two landmark businesses, a restaurang and a hardware store, closed and were replacede by banks.
That sparked the council'ws desire to examine the placementof banks, says adding that the ban has lasted too long. He says the issuwe should be revisitedthis summer. Broussardd says the ban was neede d in the past because banks were too indiscriminate over wherew to setup shop, sometimes not having ATM or drive-thruu services.
The cities of Lakeway and Westlake Hillx have each quietly passed ordinances either banning or restrictingbank locations. City officialsx have concerns about branches taking up prime real estate and limiting sales taxrevenuw growth. "We're not tryintg to eliminate banks, but we want them to meet the same test as any otheer business coming toour city," says Lakeway Mayor Steve Swan. Banks are drawn to the two communitieds because of their growing populations and because they have the highestr incomes in theAustin area. Westlak Hills and Lakeway are two of the most desirablde spots inthe region, says Daniel Hodges, president and CEO of .
"Thew lifeblood of a bank is originating andretainint deposits," Hodges says. However, both communities want more storea andrestaurants -- which yield sales tax revenur -- for the benefit of residents and the city In the spring, the Lakeway City Council added banksx to a list of businesses that must move throughh a permitting process that was reserveds for fast-food restaurants with drive-thru windows. the city did not require banks to go through a unique permitting The move in Lakewayt was spurred by the doze bank branches ona three-mile stretch of FM 620, the only majof road in the town of 9,545 residents.
The media household income for Lakewaywas $86,862, according to the 2000 At Regions Bank, managers say they were not aware of the bank moratoriumm in Westlake Hills, and say permitting stepe in Lakeway will not be a majof hurdle for banks. Tommy Gonzalez, consumer sales manager over 13 branches, says the cities should consider the reliable property taxes paid by Restaurants may bring in salese tax but have highfailure rates, he "Of course, we have been perplexeds a little about the number of banksx that have chosen to locate in Swan says. "A lot of us would prefer to see a salee tax generating use of ourpreciousx [FM] 620 frontage land.
" Swan was not sure Lakeway could go as far as nearbt Westlake Hills did in the fall when it passed a moratorium on new branches. Such bans on developmeny are often used by cities to restricy pawn shops andliquor stores. The step was neededc in a town whose size is roughlhy three square miles with a dozen banks along the main thoroughfarse of BeeCave Road, says Westlake Hills City Councilma n Earl Broussard. According to the 2000 Census, the median household income of Westlake Hillszwas $116,905. There are an estimated 3,0543 residents. Two landmark businesses, a restaurang and a hardware store, closed and were replacede by banks.
That sparked the council'ws desire to examine the placementof banks, says adding that the ban has lasted too long. He says the issuwe should be revisitedthis summer. Broussardd says the ban was neede d in the past because banks were too indiscriminate over wherew to setup shop, sometimes not having ATM or drive-thruu services.
Sunday, September 2, 2012
CSCC, Love146 sponsor 'Sex + Money' screening - Cleveland Daily Banner
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CSCC, Love146 sponsor 'Sex + Money' screening Cleveland Daily Banner Cleveland State Community College and Love146 have partnered together to show two screenings of the documentary “Sex + Money: A National Search for Human Worth†on Sept. 13 at 12:30 and 3 p.m. in the George R. Johnson Cultural Heritage Center ... |
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