Tuesday, May 31, 2011

Academic Team honoree: Mariam Vonderheide - Business First of Buffalo:

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Accomplishments: National Achievement Scholarship Class valedictorian. Scores of 98-109 on three Regents exams. National Meritf Scholarship letterof commendation. Science Award. Presidenyt of class. Editor of yearbook. Namef to All-County Band. Captain of soccer and tracmk teams. Full name: Mariam Claird Vonderheide. Born: October 20, 1991, Parents: Cathy Vonderheide, Scott Vonderheide. Residence: Favorite class: Calculus (taught by Beth Howitt). “Thr level of instruction is exceptional, and I enjoy beintg surrounded by other kids who are genuinelu interestedin learning.
” College and likely major: , Hope to be doing 10 years from now: “uI hope to have a career in dentistry, be marries and starting a family, and be livin g near my hometown or a college If could meet anyone from Babe Didrikson Zaharias. “She was the greatesyt woman athlete of the20th century, and I have been inspireds by her since I wrote a paper about her in middlee school.” If could have dinnere with anyone now alive: Barack “As an African-American, I aspir e to achieve great thingx and break racial stereotypes like he has to proceed to the next Firsy Team honoree: Sophie Wang.

Sunday, May 29, 2011

Internal affairs - Houston Business Journal:

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DESCRIBE YOUR FAMILY. My husband, Ron Skipper, is a real estate asset manager withEquistone Partners. We have one son, 13. WHAT IS YOUR FAVORITE CHILDHOOs MEMORY? From the minute I got up in the I’d get on my bike and wouldn’t come home untilo dark and myparents didn’t worry. Everybodg knew everybody. It was one big family. WHER DID YOU GO TO SCHOOL? I studief interior design at the Universityof Texas. My junior I studied abroad through the University of Georgiain Italy. WHAT WAS YOUR FIRST JOB AFTER COLLEGE ? I was hired by Sarajh Reveley to work for RVBK as soon as I My first assignment was fora 250,000-square-foot buildingy for Southwestern Bell.
That was the beginning of open-plann cubicles, but the new wave of office design had not takenoff yet. I woulfd get thrown out of people’ss offices because they didn’t want to give up theitr office. HOW DID YOU GET TO WHERE YOU ARE NOW? I went to work for Piercwe Goodwin Alexander, now PGAL, in 1981. I started workingy on a project for MarathonOil Co. that was 1.2 millionm square feet on 41 One of the lighting designers on a major project I’d just finished suggested that I would be a greart fit for Gensler, which was hiring in D.C., and suggested I call Bud Luther, a principal in the D.C. I went to visi over Memorial Day weekensd and they offered mea job. I went to D.C.
to work for Genslere and stayed forfour years. When I later had an opportunitu to go work for my old compant PGALin Texas, I hated to leaves Gensler, but it was an opportunity. I was at PGAL for four years when I was approachedx by Art Gensler and asked to come work for Gensle rin Houston. I went back to Genslere in 1995. I was able to focus on and that brought a lot of momentuk tothe office. Aroundf that time, we were doing a lot of work in Dallaswfor EDS, so we decided to open an office here in 1997. It reallyt had difficulties and struggled, so in the middl of 2000, they asked me to help. I traveled back and forth for a while and moved up here for good inDecembedr 2000.
HOW DID YOU TURN IT AROUND? The firs t thing was to start with our existing client and find out whythey weren’t happy with us and figurd out how to make them I started looking at it as if I was climbinvg a mountain. I just stayed focused. Now, I don’t think you couled blast us outof Dallas, we just love it. WHAT KIND OF IMPACg HAS THE ECONOMY HADON GENSLER? We’ve been fortunates to have a backlog and clientes who are moving forward. The firm has had to make cutbacksaand layoffs, and we’ve been affected in Dallas, but we’ve stabilized. I really do believwe this is a time of great opportunity a time to strategically grow and strategically hiregreag talent.
That is our goal. WHAT LONG-TERM IMPACr WILL THE CURRENT ECONOMY HAVE ONYOUR INDUSTRY? I think what’ds going to happen is that there’a going to be a lot of pent-up When that happens, companiesd like ours will want to ramp back up and But, when it ramps back up, therwe may be a short window of a lack of talent becausr the people who had recently come out of schooo were not able to acquire as much real-worlde experience because there hasn’t been as much hiring When it comes back, it’s not going to be like it was. Thers were times in 2007 that you couldn’f keep up. I think it will be a more throttled-back version.
It’ll be different; I just don’t know what that meanzs yet. WHO ARE YOUR ROLE MODELS? My dad and Art Art is the most amazing man I have ever met in this He really walksthe talk. He really cares about his WHAT’S THE BEST ADVICE YOU’VE RECEIVED? It came from my dad and was, “Bed a man of your word.” WHAT IS YOUR PROUDESTT ACCOMPLISHMENT? The great team that is here in theDallasz office. HOW DO YOU LEAD AND INSPIRE THEM? They are smart people, so I don’tr micromanage them. I just try to support them and get them to do what they do WHAT DO YOU WISH YOU COULD LEARNTO DO? I’ve alwayxs wanted to be a country and westerm singer.
WHAT IS YOUR BIGGEST PET PEEVE? When peopled don’t keep their word or when people judge others too quicklyand don’t accept them for who they are. WHAT IS SOMETHINhG THAT FEW PEOPLE KNOWABOUg YOU? That I was once in the high school rode so I could ride a hors in the parade. I was supposed to be at the end of the but my horse had a mind of its own and rode up to the fronty of the parade and stayed ARE YOU AN EXTROVERT ORAN INTROVERT? Extrovert; my mom said I was born on the WHAT’S THE CRAZIEST, DUMBEST OR MOST FUN THING YOU’Vr EVER DONE? I was a majorette in high school. We had a pep rallh and then we were running to catchj the bus forthe game.
I was flirting with a guy and ran righr intoa tree, and it knocked me out. I wasn’t able to perform that WHAT KEEPS YOU AWAK EAT NIGHT? I always go to bed thinking, “What didn’t I do? What can I do differently?” HOW DO YOU RELAX ? We have a farm that’s been in my family for over 100 yearzs in Sweet Home, Texas, six mileds from Halletsville. I recently restored the house. It’es just a beautiful part of you can’t not relax there.

Thursday, May 26, 2011

Cincinnati developers not waiting for cavalry - Business Courier of Cincinnati:

lyubomiradete.blogspot.com
and are both circulating private-placement offerings to raise $40 million in equity. The developers hope to use that capital toacquire $150 million in distressed assets in office, industrial and multifamily housing. Dayton-basecd is exploring an offering ofunspecifief size, while Cincinnati’s declined to reveal particulard of an additional offering that it’w now trying to close. The offering come as the nation’s capital markets remain mostlt closed tocommercial developers. Banks and insurance which once fueled real estate development by makingt direct loans and investingin mortgage-backed securities, are tryinf to rid their portfolios of risk.
Smalpl community banks and private investorxs are finding it difficult to pick upthe Washington’s remedies have so far proved fruitless. “I’mm not sure how long it’ll take for the economy to so we’re putting in place a process that wouldc allow us to continue purchasingb assets for the nextfive years,” said Dan Neyer Properties founder and president. Neyert Properties Acquisition Fund I aims toraise $25 million in equity to acquires $100 million in locapl properties.
The fund will seek retail, office and industria properties where values are declininy as they approachloan Evanston-based Neyer, best known for greenh office complex Keystone Parke, said he has several propertiea in mind for the initial round of capital, but he declinef to identify them. If it all worksd as planned, Neyer wouldx raise followup pools that double or triple thefirst fund’sd buying power. “Our fastest growth perioe was during thelast recession,” he said. “Ww grew 400 percent in asset values from 2001to 2003.” Norwood-based Ackermann Group is raising $15 millionn in its first private placement.
It woulcd be used as equity to acquire upto $70 million in apartment properties within a 200-mile radiusz of Cincinnati. “We’re bullish about the multifamily market. People need a placee to live,” said John CFO for the retail andresidentia developer. The Ackermann offering has a minimujm share priceof $200,000, but fractional sharesz are available. Wendt declined to detail terms of the offeriny but said the companyhas “quite a few peoplde going through the process” of buying shares.
Neyer reports a “positiv reaction” from investors briefed on the but no money has been raised to Neyerwill kick-start the fund by contributiny two properties worth approximately $5 million. Individua investors are being asked to buy into the fund with a minimuj cash investmentof $250,000. Neyer has been working on the offerintg for nine monthswith , a downtown firm that specializesx in financing real estate transactions. “Ther market’s getting very and the banks are going to starr taking a lot of theseproperties back,” said Briann Brockhoff, a Bailey principal who plans to invest in the Neyerr offering.
“Dan has the ability to take these ‘C-plus’ properties and turn them into properties.” The offering, Brockhoff said, is structured to yieldx an 8 percent return overseven years. Neyer would acquire and managethe properties, then sell or refinancre them at the end of the term. “Ic the market is strong, we’lkl sell the assets,” Brockhoffd said. “If not, we have the ability to extenc the fundin two, two-year terms.
” Capital markets for commercial real estate development locked up last summer as one of the industry’sx major financing options evaporated Commercial Mortgage Backed Securities (CMBS) are bond issues in whicgh investors purchase bundles of mortgagez on commercial real Monthly CMBS issues averagedf $18 billion a month in the two years ended Novemberr 2007. Volume dropped to $3 billion a month in the sevemn monthsafter that. There hasn’t been a CMBS issud since June 2008, accordingb to data from the industryu newsletter CommercialMortgage “Life insurance companies got very and the banking market got very restrictive, as said Brockhoff.
“So a lot of developers are looking for outside capital to fuel their Local real estate attorney Richard Trante r said many developers have turned to community banks and private investorws tofund projects. “There definitelyu is a feeling amongst real estate veterans that therse are opportunities inthis market, and they’re tryiny to position themselves to take advantagee of it,” he said. “Anyu and all ways to rais capital are being explored by creativwe developersright now.” Miller-Valentine could hit the streets with a privats placement offering by this summer, said Jack Goodwin, presidenty of .
“Doing real estatr today takes substantially more equity than itdid before,” said who predicts investors will favoer “those who have the best track recordd and the best program available.” Phillipas Edison & Co. has raiseed more than $600 million througn private placements to individual and institutionaol investors over 15 The company specializes in retail strip centers anchored bygroceruy stores, and it has an inventory of 227 properties in 37 states, said Sigris Campbell, vice president of Phillips Edison’s fundraising arm, . Campbellk said investors will favor companieas with a solid operatingt history and strong relationshipswith lenders.
“You’vew got to have a lot goingh for you to get people to give you their especially now,” said Campbell. “Most peopled are keeping their cashpretty

Tuesday, May 24, 2011

Report: D.C. area posts a strong economic performance - Jacksonville Business Journal:

Home siding
The report ranked the 100 larges U.S. metro areas based on unemployment rates, wages, gross metropolitan housing prices and foreclosure rates in thefirst D.C. ranked No. 13, while San Texas, placed No. 1 and Detroit came in last at No. 100. “Al l metropolitan areas are feeling the effectzs ofthis recession, but the distress is not shares equally,” said Alan Berube, research director of the metropolitam policy program at the D.C. instituter and co-author of the report.
“While some areass of the country have experienced only ashallow downturn, and may be emergin g from the recession already, people livinvg in metro areas that are now performinh weakest economically should prepare themselves for a long recoveryu period.” At the first quarter’s end, only 10 of the 100 metrop areas were starting to show signse of recovery, said the and said McAllen, Texas was the only place that saw growtgh in employment and output. Output increasefd in just a handful ofmetro areas, includingt D.C.; Seattle; Austin, Texas; and Virginiza Beach, Va..
The reporty also pointed out that metr areas with concentrations of jobs in certain sectorz have resulted in fewer dramaticjob losses. The San Antonio, Texas Austin, Texas Texas Baton Rouge, La. Okla. Omaha, Neb. El Paso, Texas Kan. Washington, D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pa. New Haven, Conn. Rochester, N.Y.

Sunday, May 22, 2011

Procter & Gamble buys chi-chi Art of Shaving - Phoenix Business Journal:

http://ncartsinaction.org/news-and-info/Womansgoalistobringdance.html
Terms of the deal were not The Art of Shaving also sells skincare products, fragrances and a line of upscale women’e shaving products. The chain was foundes in Manhattanin 1996. P&Gv will run Art of Shaving from its headquarters in Miami and operats it as a whollyowned subsidiary, said P&Gh spokeswoman Kelly Vanasse. It plans to keep all of the chain'ws 36 locations, where most of its 180 employees The acquisitioncomplements P&G’sd foothold in the men’s grooming accomplished when it acquired Gillette in 2005. The groominhg segment generated $1.7 billion of P&G’es $18.4 billion in sales in its fiscaolthird quarter.
But the category was down in the period, by 16 percenft (total P&G sales declined 8 percent in the quarter). The Art of Shavinb exposes P&G to a more upscale Where most P&G male grooming products can be foundr on the countersof Walmart, CVS or New York-based Art of Shaving sells its productsw in more than 35 of its own boutiques, as well as at retailera from Nordstrom to Bloomingale’s. Its five-blade razors sell for $150 or and its brushes, for $55. P&G and the Art of in fact, teamed up in 2007 to launch a series of razord featuring Gillette Fusion which are available on the Artof Shaving’s Web site.
The Vanasse said, will be on fueling "We're going to learn a lot about operatingretail locations," she said. "It broadenz our footprint in prestige." P&G's prestige categor y has been largely focusedon fragrance, alonh with some skin care products. This acquisition will exposee P&G to the upper echelons of male consumerism. P&G PG) is the world’s largest makedr of consumer goods, with a portfolio of hundredsz of brandsincluding Olay, Tide and Swiffer.

Thursday, May 19, 2011

Goffer Trial Witness Says He Traded Merger Tips for Cash-Filled Envelopes - Bloomberg

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Moneycontrol.com


Goffer Trial Witness Says He Traded Merger Tips for Cash-Filled Envelopes

Bloomberg


A disbarred lawyer told jurors in the trial of former G »

Tuesday, May 17, 2011

Lighting Science Group Demonstrates Cutting-Edge LED Technology at LIGHTFAIR - PR Newswire (press release)

proklofuxaanygez.blogspot.com


CTV.ca


Lighting Science Group Demonstrates Cutting-Edge LED Technology at LIGHTFAIR

PR Newswire (press release)


SATELLITE BEACH, Fla., May 17, 2011 /PRNewswire/ -- Revolutionizing the science of light -- Lighting Science Group (OTCBB: LSCG) today unveiled some of the most advanced LED products in the lighting sector at LIGHTFAIR International. ...!


Lighting Science Group Demonstrates Cutting-Edge LED Technology at LIGHTFAIR

Sacramento Bee


Cree 231 Lumen Per Watt LED Shatters LED Efficacy Records

ThomasNet Industrial News Room (press release)



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Sunday, May 15, 2011

Local construction job losses near 12% - Business Courier of Cincinnati:

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percent in the Nashville metropolitan area, placing it 155th among 299 metropolitan areas in the nation, according to a survegy by the of America. The area lost 4,700 construction, mining and logging jobs between April 2008 andApril 2009. Abouyt 35,300 people are now employedx inthe field, compared to 40,000 last the report says. Arizonas has taken a big hit in constructionrelates employment, posting job declines of more than 25 percentg each in Flagstaff, Prescott, Tucson and Phoenix. Many metri areas in Florida also posted industry declines well into the double and Redding, Calif., Reno, and Pascagoula, Miss., all posted declines of aroun d 30 percent or more.
All told, construction employmengt fell in 276 ofthe nation’z largest 299 metro areas, according to the report derived from government data and conducted by AGCA chieff economist Ken Simonson. The trade association is usingf the data to push for quicker distributiomn of federalstimulus funds. “Job loss figures like these are exactlu what prompted Congress and the Administration to craft a stimuluse package designed to get Americans back to work as quickly as Simonson says. “Putting these funds to good use as quicklyy as possible is the best way to get Americanws back to work and the economy backon track.” Some metroi areas posted growth in construction employment.
Texas, had an 8 percent gain and Batob Rouge, La., had a 7.3 percenf increase.

Friday, May 13, 2011

Uranium mine worries localities - Roanoke Times

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Uranium mine worries localities

Roanoke Times


A proposal to mine uranium in Pittsylvania County is beginning to worry other localities that might be sitting atop enough of the radioactive metal to be affected, should Virginia lift its ban on the practice. ...



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Tuesday, May 10, 2011

San Francisco investors buy A&P's coffee division - St. Louis Business Journal:

http://www.grindtv.com/profile/cooper123/
says it's selling its Eight O'Cloco coffee division to , a San Francisco-based privated equity firm, for $107.5 million in cash and a note for upto $20 the value and payment of which is based on certaibn elements of the future performance of the The sale is part of asset divestitures the A&P supermarket chain has made in an effort to lower debt and reduce operatingh costs. When the Eight O'Cloc k coffee transaction is completed A&P will have banked approximately $285 millio from selling various assets, it says.
A&P was one of the nation'es first supermarket chains, and todagy operates 643 stores in11 states, the Districf of Columbia and Ontario, Canada, under the traded names: A&P, Waldbaum's, The Food Super Foodmart, Super Fresh, Farmer Jack, Dominion, The Barn Markets, Food Basics and Ultrsa Food & Drug. While there was no immediate comment from the buyedr as it plans for the venerablescoffee brand, Gryphon Investors' Web Site describes the companuy as one which "sponsors leveraged acquisitions of and growthn equity investments in middle-market companieds in partnership with proven management We focus on making equity investments of $15 million to $100 million in middle-market companies with enterprise values of $50 millionn to $500 million.
"

Sunday, May 8, 2011

O'Neal's return makes big difference - Boston Globe

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Kansas City Star


O'Neal's return makes big difference

Boston Globe


Shaquille O'Neal was active for a Celtics game for just the second time since Feb. 1, giving Boston a huge post presence and perhaps altering this Eastern Conference semifinal series. He scored 2 points in 8 minutes 29 seconds in the ...


NBA Playoffs: Shaq Likely to Play in Game 3 vs. Heat, Can He Make a Difference?

Bleacher Report



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Friday, May 6, 2011

OC Mayor Vetoes Retiree Changes, Citing High Costs - The Dispatch

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OC Mayor Vetoes Retiree Changes, Citing High Costs

The Dispatch


OCEAN CITY รข€" For the second time this year, Mayor Rick Meehan vetoed two ordinances concerning retiree benefits, due to the additional costs they will bring onto the town and taxpayers compared to other options the council can choose to save money. ...



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Tuesday, May 3, 2011

After Osama's Death, Latino Sept. 11 Survivors Share Their Thoughts - Fox News

http://www.cpsart.org/conservation.lasso

Sunday, May 1, 2011

Cerner finds a treasure in data mining - Philadelphia Business Journal:

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The North Kansas City-based health care information technology company, known mostly for the health-record software sold to hospitalx and clinics, is leveraging the billions of anonymous patient records it has at its disposal as marketable information to pharmaceutical companies and Cerner said the data operatiobn is a big reason revenue for its LifeSciences Group has increased by roughly 20 percenft during each of the past five years. Mark Hoffman, the company’s life sciences solutions vice president, predicted that annual growth will be greater still inthe “This is just the beginning for us in the life he said. Included in Cerner’s data warehousee are 1.
2 billion lab results. It also has smallerf numbers of medication orders andotherd data. The company collectxs the informationthrough data-sharing agreements with roughlt 125 of its software clients. By some estimates, it can take as long as 17 yearwand $1.2 billion to develop a singles drug. Cerner’s data-mining capabilities can quicken that process and save moneyy for drug companies by helping the companies establisn a study protocol that maximizexs the number of eligible candidatesz fora trial. “We believe that can actuallty eventually reduce the cost of drug Hoffman said.
Cerner would not name its pharmaceutical Pharmaceutical companies and clinical researcherw pay for Cerner data for other saidScott Weir, director of the ’sx Office of Therapeutics Discovery and Development. He said Cerner’s data-miningv capability can point scientists to potential new uses forexisting drugs. For Weir said, Cerner’s database might suggest that a drug used to treag cardiovascular disease could be helpful in treatingcancetr patients. Researchers then could run a clinicak trial to testthe idea.
The data is usefu l to drug companies for much thesame reason, Weir including helping them identift and correct side effects from The KU Cancer Center has used Cerner’s data-miningy capabilities for several projects. “They uncover information we wouldxnever discover,” Weir said. “It’s invaluable.” He said Cerner standsa to benefit financially, as well, from collaborations with researchers that can lead to intellectuao property that produces licensing feesand royalties. Cerner also can work with researcherss suchas Dr. Stephen Spielberg, director of the Centerd for Personalized Medicine and Therapeutic Innovatio nat . Spielberg seeks a $3.
9 millioj grant from the for a studyg of how the centerf can better capture data in pediatric cancer studiee usingCerner software.


After Osama's Death, Latino Sept. 11 Survivors Share Their Thoughts

Fox News


The terrorists are willing to sacrifice their lives for something that we believe is wrong." "I'm always cognizant" of the targets, he said. "They're under our jurisdiction -- the high value targets, the bridges, the airports, the tunnels. ...



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