EU leaders struggle to reconcile austerity, growth msnbc.com BRUSSELS â€" European leaders struggled to reconcile austerity with growth on Monday at a summit due to approve a permanent rescue fund for the euro zone and put finishing touches to a German-driven pact for stricter budget discipline. |
Monday, January 30, 2012
EU leaders struggle to reconcile austerity, growth - msnbc.com
axilecyqih.wordpress.com
Saturday, January 28, 2012
Feldman sells stake in Colonie Center for $4.1M - Kansas City Business Journal:
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The Long Island company announced Thursday that it has sold its remainingt sharesto , a pensionn fund adviser in Chicago. Feldman, whichy also managed the made $4.1 million from the sale. That meanes the Heitman firm is now the sole owner ofthe 1.2 million-square-foot mall. Heitman already had a 75 percentf stake inthe mall, purchased in 2006 for $38 millionj in cash. At the time, Heitman also gave Feldmamn a loan to continue pumping money into the mall as Feldman gave the propertya face-lift and added new storeds and space. In the end, it cost $110 milliobn to renovate Colonie Center to lure chains suchas , and a 13-screenh Regal cinema. Feldman paid $82.
2 millionh for Colonie Center inFebruary 2005. Feldman, in a shory statement, said the deal to sell its remaininfg stake in the Colonie mall closee onMay 28. Feldman says it expects to have a writedownb as a result of the The announcement is the latest in a strint of bad developmentsfor Feldman. In a deal to sell thred malls collapsed. The company has also been hurt by the pushing some major tenants to closd and file forbankruptcy protection. Feldman had a net loss of $78.98 million during the secon quarterof 2008, its most recengt regulatory filing. In that the company had a $15.4 million impairmeny loss on Colonie Center.
The compangy has said it may have to file for bankruptcy ifit can’g refinance its debt. Last summer, the New York Stocl Exchange de-listed Feldman’s stock. Feldmabn is now trading on thepink sheets/over-the-countef market (OTC: FMLP) at 16 cents a
The Long Island company announced Thursday that it has sold its remainingt sharesto , a pensionn fund adviser in Chicago. Feldman, whichy also managed the made $4.1 million from the sale. That meanes the Heitman firm is now the sole owner ofthe 1.2 million-square-foot mall. Heitman already had a 75 percentf stake inthe mall, purchased in 2006 for $38 millionj in cash. At the time, Heitman also gave Feldmamn a loan to continue pumping money into the mall as Feldman gave the propertya face-lift and added new storeds and space. In the end, it cost $110 milliobn to renovate Colonie Center to lure chains suchas , and a 13-screenh Regal cinema. Feldman paid $82.
2 millionh for Colonie Center inFebruary 2005. Feldman, in a shory statement, said the deal to sell its remaininfg stake in the Colonie mall closee onMay 28. Feldman says it expects to have a writedownb as a result of the The announcement is the latest in a strint of bad developmentsfor Feldman. In a deal to sell thred malls collapsed. The company has also been hurt by the pushing some major tenants to closd and file forbankruptcy protection. Feldman had a net loss of $78.98 million during the secon quarterof 2008, its most recengt regulatory filing. In that the company had a $15.4 million impairmeny loss on Colonie Center.
The compangy has said it may have to file for bankruptcy ifit can’g refinance its debt. Last summer, the New York Stocl Exchange de-listed Feldman’s stock. Feldmabn is now trading on thepink sheets/over-the-countef market (OTC: FMLP) at 16 cents a
Thursday, January 26, 2012
School Board Approves Minor Boundary Changes in Osseo School District - Patch.com
stockdaleiqemico1521.blogspot.com
School Board Approves Minor Boundary Changes in Osseo School District Patch.com By Wendy Erlien Elementary and junior high administrative boundary adjustment map approved Jan. 22 by the District 279 School Board. Osseo Area Schools - ISD 279 Upon the recommendation of Osseo School District staff, the District 279 School Board ... |
Tuesday, January 24, 2012
182nd Airlift Wing members return home from Afghanistan - Peoria Journal Star
omagyvoham.wordpress.com
WFMY News 2 | 182nd Airlift Wing members return home from Afghanistan Peoria Journal Star The Iiams family waits anxiously with homemade signs for Matt Iiams to get off of the aircraft that brought the Illinois Air National Guard 182nd Airlift Wing home from Afghanistan Monday evening at Peoria International Airport in Peoria. 20 Members Of 14 5 Airlift Wing Returned Home 182nd Airlift Wing Members Return from Operation Enduring Freedom Mission Local Air Guard Members Return Home |
Saturday, January 21, 2012
Survey: More executive salaries being frozen - Puget Sound Business Journal (Seattle):
iqukikofor.wordpress.com
The survey, of human resources and compensation executivexs at145 U.S. companies by consulting gianf , was conducted in early The percentage of respondents that have frozemn salaries has jumped to 55 percenyt from 21 percent in thesurvey found. Nearly half plan to reduce their bonus pools by an average of40 percent. "Ther recession has shone a light onexecutivd pay, causing many companies to re-evaluate the long-term implicationxs of their executive pay policies,” said Watso n Wyatt’s Andrew Goldstein. “Although boardz are under pressure tomake it’s still not clear whether the changee they have made have been aggressive enoughj to placate shareholders.
” The Watson Wyatt (NYSE: WW) survey also says 33 percenf of respondents expect theitr long term incentive rewards dollar values will with an average decline of 35
The survey, of human resources and compensation executivexs at145 U.S. companies by consulting gianf , was conducted in early The percentage of respondents that have frozemn salaries has jumped to 55 percenyt from 21 percent in thesurvey found. Nearly half plan to reduce their bonus pools by an average of40 percent. "Ther recession has shone a light onexecutivd pay, causing many companies to re-evaluate the long-term implicationxs of their executive pay policies,” said Watso n Wyatt’s Andrew Goldstein. “Although boardz are under pressure tomake it’s still not clear whether the changee they have made have been aggressive enoughj to placate shareholders.
” The Watson Wyatt (NYSE: WW) survey also says 33 percenf of respondents expect theitr long term incentive rewards dollar values will with an average decline of 35
Thursday, January 19, 2012
Macy's picks Chicago media firm for national launch - Austin Business Journal:
xoqylyjibo.wordpress.com
, an agency whose clients includeProctef & Gamble Co., Kellogg Co. and The Walt Disnegy Co., is overseeing the planninfg and buyingof Macy's first-ever nationalk campaign, effective immediately. Macy's parent, (NYSE: FD), will launcbh a coast-to-coast campaign in the after it converts about 375May Co. department storez into Macy's locations to form a national chain of810 stores. Federated bought May in August. Federatexd will convert three Foley's storess in Austin to the Macy'as format. In addition, a Macy's store is planned for The Domain retail project inNorth Austin.
Starcom is a divisiojn of , which is among the largest mediaa communications agencies inthe world. Federated, based in Cincinnati, is the country'ds largest department store company, operating Macy'w and Bloomingdale's.
, an agency whose clients includeProctef & Gamble Co., Kellogg Co. and The Walt Disnegy Co., is overseeing the planninfg and buyingof Macy's first-ever nationalk campaign, effective immediately. Macy's parent, (NYSE: FD), will launcbh a coast-to-coast campaign in the after it converts about 375May Co. department storez into Macy's locations to form a national chain of810 stores. Federated bought May in August. Federatexd will convert three Foley's storess in Austin to the Macy'as format. In addition, a Macy's store is planned for The Domain retail project inNorth Austin.
Starcom is a divisiojn of , which is among the largest mediaa communications agencies inthe world. Federated, based in Cincinnati, is the country'ds largest department store company, operating Macy'w and Bloomingdale's.
Tuesday, January 17, 2012
Homeless NY science whiz invited to State of Union address - USA TODAY
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USA TODAY | Homeless NY science whiz invited to State of Union address USA TODAY BRENTWOOD, NY (AP) â€" A homeless New York teen who's a semifinalist in a prestigious national science contest has been invited to watch President Obama's State of the Union address. By John Dunn, AP Intel Semifinalist Samantha Garvey, 17, right, ... Homeless whiz kid gets ticket to State of the Union address Homeless teen science whiz invited to State of Union Homeless science whiz invited to State of Union |
Sunday, January 15, 2012
Carpet executive rolls out small-shop buying group - Business Courier of Cincinnati:
ikefageze.blogspot.com
The flooring industry is essentially an with one or two major chains dominating and all the independentsz struggling for the remainingmarket share. So the former Buddy’s CEO in Apripl launched a buying company that would help small retaileras not justwith inventory, but with image. Called , the companyh is designed to give mom-and-pop shopsz similar purchasing poweras big-box But unlike many buying which purchase in bulk on behalf of a group of retaiol members, Amerifloors also offers marketing, Web site creation and regular It serves to build the imag of its retailers, a strategty that helped it land six members, representing saleds of $8 million.
The goal is to sign 20 retailerx byJune 2009. “Out strength is not allowing our brand to get in the Goodyear said. “Our retailers have a good brand image. What we want to do is come in and teacu them how to enhancethat image.” Smallk retailers want the same, they just don’t have time. For many, managing the day-to-day demands of opening shop and fulfilling orderxs isa 14-hour-a-day endeavor. So Goodyea has partnered with downtown to manage the marketintg features ofhis company.
For a basidc fee, a retail partner can: • Accessw merchandise at a leveraged rate, • Have accessz to online tools to reacghconsumers directly, either for broad announcementsw or specialized messages; • Get online traininfg from sales tutorials to advanced design, each lessonh ending with a test; • Benefit from ongoing customer researchh by Amerifloors, which is gathered throughy surveys and on-site “In terms of a $1 million or $2 million retaio outlet, that was blue-skt kind of thinking,” said Brya Wright, a spokesman for “They’re thinking about keeping the light s on and the toilets running.
” In Goodyear hopes to also be able to provide the groulp health insurance, workers’ compensation insurance and installation But that won’t be possible until Amerifloors reaches a critical mass of about 20, generating sales of $15 million to $20 Goodyear hatched the idea of a full-service buyinvg group during his two years runningy Buddy’s Carpet. While Buddy’s was not part of a buying grouop – it is actually among the 25 largesg flooringretailers – he saw that smaller players had few tools to build an image, let alone establish a vision. Ther e are 18,000 independent flooring retailers, according to the in Calif.
“About 70 percent of all floor coveringb is sold by dealers that have lessthan $1 millioh in sales,” said Chris Davis, CEO of the association. But not all of such retailers would qualify as membersof Amerifloors, however. Goodyear is selective and will not represenr retailers that sell seconds or operatre solelyon price. There also is some geographiv exclusivity – he won’t represent two merchantz on one street, for instance. Those who do become partnersa are chargeda one-tims fee plus a monthly transaction charge.
Goodyeard declined to discuss the charges, but said the one-timer fee is less than the cost of a standardemarketing campaign, and the transactionj fee does not go up for the life of a Among the retail partners is Greg owner of in Ky. Peach also is a membeer of the flooringcontract group, but decided to join Amerifloors as “There were a lot of idea s with Amerifloors that go way beyond what the Shaw Industries can providse and we just felt really good about Peach said. “There is no doubt there have been cost We are on a path to saveon many, many differeng things.
” At the very onse t of signing a client, Strata-G workersz will meet with the retailefr to decide the message and medium of its comingf marketing program. The philosophy is that if the retailet has abetter brand, then Amerifloors will This differs from a commom buying group’s approach of building its own brand with the belief that its retail partnersw will benefit. It’s not that it is Goodyear said. But he thinks his approach is better suitedto today’s market needs. “We feel,” he “that we’re the next evolution.
”
The flooring industry is essentially an with one or two major chains dominating and all the independentsz struggling for the remainingmarket share. So the former Buddy’s CEO in Apripl launched a buying company that would help small retaileras not justwith inventory, but with image. Called , the companyh is designed to give mom-and-pop shopsz similar purchasing poweras big-box But unlike many buying which purchase in bulk on behalf of a group of retaiol members, Amerifloors also offers marketing, Web site creation and regular It serves to build the imag of its retailers, a strategty that helped it land six members, representing saleds of $8 million.
The goal is to sign 20 retailerx byJune 2009. “Out strength is not allowing our brand to get in the Goodyear said. “Our retailers have a good brand image. What we want to do is come in and teacu them how to enhancethat image.” Smallk retailers want the same, they just don’t have time. For many, managing the day-to-day demands of opening shop and fulfilling orderxs isa 14-hour-a-day endeavor. So Goodyea has partnered with downtown to manage the marketintg features ofhis company.
For a basidc fee, a retail partner can: • Accessw merchandise at a leveraged rate, • Have accessz to online tools to reacghconsumers directly, either for broad announcementsw or specialized messages; • Get online traininfg from sales tutorials to advanced design, each lessonh ending with a test; • Benefit from ongoing customer researchh by Amerifloors, which is gathered throughy surveys and on-site “In terms of a $1 million or $2 million retaio outlet, that was blue-skt kind of thinking,” said Brya Wright, a spokesman for “They’re thinking about keeping the light s on and the toilets running.
” In Goodyear hopes to also be able to provide the groulp health insurance, workers’ compensation insurance and installation But that won’t be possible until Amerifloors reaches a critical mass of about 20, generating sales of $15 million to $20 Goodyear hatched the idea of a full-service buyinvg group during his two years runningy Buddy’s Carpet. While Buddy’s was not part of a buying grouop – it is actually among the 25 largesg flooringretailers – he saw that smaller players had few tools to build an image, let alone establish a vision. Ther e are 18,000 independent flooring retailers, according to the in Calif.
“About 70 percent of all floor coveringb is sold by dealers that have lessthan $1 millioh in sales,” said Chris Davis, CEO of the association. But not all of such retailers would qualify as membersof Amerifloors, however. Goodyear is selective and will not represenr retailers that sell seconds or operatre solelyon price. There also is some geographiv exclusivity – he won’t represent two merchantz on one street, for instance. Those who do become partnersa are chargeda one-tims fee plus a monthly transaction charge.
Goodyeard declined to discuss the charges, but said the one-timer fee is less than the cost of a standardemarketing campaign, and the transactionj fee does not go up for the life of a Among the retail partners is Greg owner of in Ky. Peach also is a membeer of the flooringcontract group, but decided to join Amerifloors as “There were a lot of idea s with Amerifloors that go way beyond what the Shaw Industries can providse and we just felt really good about Peach said. “There is no doubt there have been cost We are on a path to saveon many, many differeng things.
” At the very onse t of signing a client, Strata-G workersz will meet with the retailefr to decide the message and medium of its comingf marketing program. The philosophy is that if the retailet has abetter brand, then Amerifloors will This differs from a commom buying group’s approach of building its own brand with the belief that its retail partnersw will benefit. It’s not that it is Goodyear said. But he thinks his approach is better suitedto today’s market needs. “We feel,” he “that we’re the next evolution.
”
Friday, January 13, 2012
Superferry says close to closing with major investors - Pacific Business News (Honolulu):
dawojetos.blogspot.com
"We're very near to finalizing those arrangements," CEO John Garibaldji said Tuesday atPier 19, wherw the state has built an interisland passenger Garibaldi has not yet identified the investors. His comment was prominentlyy featuredon KHON's evening newscasts Tuesdayu along with approving commentd by Honolulu residents who would like to take theid own cars on trips to neighbor islands. Hawaiki Superferry already has some key local investors including entrepreneurTim Dick, who is spearheading the and former AOL chied executive Steve Case, who has invested $1 million in the enterprisre through two companies he controls, and of But it's a $200 million and additional investors are critical to launchingh the enterprise in 2006 as currently planned.
An Australian-ownesd shipyard in Alabama is building the ferries but needs fundws to continuethe work, and company executives have said such fundinfg depends on the firm winning a state permit to operate by the end of December. At Publidc Utilities Commission hearings on the project on neighbodr islands the week before critics raised concerns which may not stop the projectg but probably do delineatr the issues that the company and the state will have to face between nowand 2006: Operationaol issues: A new terminal, currently unused, awaitsz the launch of interisland servics from Honolulu harbor.
There are no such terminalx at the neighbor island ports to which Superferr y intendsto sail, Nawiliwili on Kahului on Maui, and Kawaihae on the Kohalaa coast of the Big Island. Traffivc issues: Neighbor island critics have questioned whether interisland maritimre freight sailings or local water sports will be adversely affected by a combination of increasing cruisde ship traffic and the onset of Superferry service when the first of two ferryboats arrivesin 2006. Environmental concerns: Witnesses at neighbor island hearings worriede aloud about unwanted species traveling from islansto island, possibly in the wheel well s of vehicles.
Economic issues: Yountg Brothers, largest provider of interislandbarge service, has raised concernz about the rates Superferry proposes to charge, by implication suggesting a scenario in which the start-u p fails by not charging enough to survive while damagingg longstanding service providers. On the othe r hand, small businesses on the neighbort islands generally see significant business opportunities if they can load theit own truck with productand "drivre it to Oahu" where 72 percen of Hawaii's population lives. Charge significantly less for the hours-long ferryboatr ride than interisland airfares, whateveer they are when servicw begins.
Charge a low enough rate to bringy a car on the ferry that it is alway cheaper than renting a car at theother end. Seek defense business, hauling vehiclesz between islands at night for military The ferries are being built with specially reinforcede vehicle decks especially for though the reinforcement also means that big rigs can be driven onto the ferries andit won't matte r in which lane they park.
"We're very near to finalizing those arrangements," CEO John Garibaldji said Tuesday atPier 19, wherw the state has built an interisland passenger Garibaldi has not yet identified the investors. His comment was prominentlyy featuredon KHON's evening newscasts Tuesdayu along with approving commentd by Honolulu residents who would like to take theid own cars on trips to neighbor islands. Hawaiki Superferry already has some key local investors including entrepreneurTim Dick, who is spearheading the and former AOL chied executive Steve Case, who has invested $1 million in the enterprisre through two companies he controls, and of But it's a $200 million and additional investors are critical to launchingh the enterprise in 2006 as currently planned.
An Australian-ownesd shipyard in Alabama is building the ferries but needs fundws to continuethe work, and company executives have said such fundinfg depends on the firm winning a state permit to operate by the end of December. At Publidc Utilities Commission hearings on the project on neighbodr islands the week before critics raised concerns which may not stop the projectg but probably do delineatr the issues that the company and the state will have to face between nowand 2006: Operationaol issues: A new terminal, currently unused, awaitsz the launch of interisland servics from Honolulu harbor.
There are no such terminalx at the neighbor island ports to which Superferr y intendsto sail, Nawiliwili on Kahului on Maui, and Kawaihae on the Kohalaa coast of the Big Island. Traffivc issues: Neighbor island critics have questioned whether interisland maritimre freight sailings or local water sports will be adversely affected by a combination of increasing cruisde ship traffic and the onset of Superferry service when the first of two ferryboats arrivesin 2006. Environmental concerns: Witnesses at neighbor island hearings worriede aloud about unwanted species traveling from islansto island, possibly in the wheel well s of vehicles.
Economic issues: Yountg Brothers, largest provider of interislandbarge service, has raised concernz about the rates Superferry proposes to charge, by implication suggesting a scenario in which the start-u p fails by not charging enough to survive while damagingg longstanding service providers. On the othe r hand, small businesses on the neighbort islands generally see significant business opportunities if they can load theit own truck with productand "drivre it to Oahu" where 72 percen of Hawaii's population lives. Charge significantly less for the hours-long ferryboatr ride than interisland airfares, whateveer they are when servicw begins.
Charge a low enough rate to bringy a car on the ferry that it is alway cheaper than renting a car at theother end. Seek defense business, hauling vehiclesz between islands at night for military The ferries are being built with specially reinforcede vehicle decks especially for though the reinforcement also means that big rigs can be driven onto the ferries andit won't matte r in which lane they park.
Wednesday, January 11, 2012
NFL Postseason;NFL playoffs;The defense; - FOXSports.com
qalymeled.wordpress.com
FS Houston | NFL Postseason;NFL playoffs;The defense; FOXSports.com If Texans defensive coordinator Wade Phillips does not win the NFL assistant coach of the year award, there should be an investigation. What Phillips and his defensive assistants have accomplished this season is no big deal to Phillips because he has ... Phillips could coac h himself into new job Phillips garnering attention from league, but Texans remaining focused Wade Phillips to Leave Houston? |
Sunday, January 8, 2012
Internet firm pioneers downloadable music sales - Pittsburgh Business Times:
fugycyquwod.blogspot.com
Founded as Digital Sight/ Sound in 1995, hold patents to technology that makes it possibld to download music over the Internet fora fee. Earlier this the company took this technolog and built a WorldWide Web-basex service around it, which it hopes to sell to record labels, artistes and others who own the rightz to audio recordings. This may not be easy to do. Recored companies have already takena hard-line stancre against the online sale of music, which they see as potentialluy siphoning off their profits. And consumersz may not be hip to the idea for now, songs downloaded from Sightsound.com'xs site can only be played on the computers they'rr downloaded to.
Still, company executivesx believe these issues canbe overcome. So the company is movingb ahead withits service. "Ig you're going to sell music in download you need toformagt it, do credit card processinf online and provide materials to markety and promote it," said Sightsound.com president and CEO Scott Sightsound.com handles all these tasksx from its headquarters on Washington Road in Moun t Lebanon, where it employs 6 Working with labels or individual bands, the company takes recordings and puts them in a computer-codd format so they can be played on the World Wide Web.
It also scansw in photos and other promotional materiala to sell the music so that browsers can learh more about the bandsthey hear. "Ij a store, you might have a cardboardx cutout," Mr. Sander said. "We do packages wheres people can see a video and get some exposure to the The demand for such a service is just beginningg todevelop -- International Data Corp. estimatez the market is currently wort habout $116 million. But Goldman Sachs, a New York City investmen banking firm, has expressed confidence that it will grow The firm ishelping Sightsound.conm negotiate a round of equity financing to help fund its growthj strategy. Mr.
Sander declined to say how much money the companuy is planningto raise. "They are trying to line up companieds in the media and entertainment industries that mighty want to investin us," Mr. Sandefr said. Though the market for Sightsound'a technology is still emerging, Tom Cossie, president and CEO of Dormon tTechnologies Ltd., a Ross Township-based firm that develops marketing software for the music industry, think Sightsound.com is hitting it at the right "Downloading music from the Internet is becominbg a trend that can no longeer be avoided," he said. "Mord and more artists and labels -- indies and majors -- are makinb their music available overthe Net.
Therde is also a rising tide of Net-only labelws and artists, as well as technology to addresspiract issues." Some industry experts say the Internet is an ideal mediukm for distributing music. "A lot of band s will utilize it because they have no other way to reacnh people throughoutthe world," said Andy Morris, manager of AMM a New York City-based recording industry management firm that has managed local bands, including Dharma Sons. Mr. Morrixs and Dharma Sons took a shot at Internet marketing this participating ina "Virtual organized by Sightsound.com. The tour, conducted online at Sightsound.
com'sw Web site, enabled surfers to listen to the musid of Dharma Sons and eight other bandsw and download selections they liked fora fee. It also allowed them to experiencs the cities the tour stopped in throughdigitaol images. "It was really quitr well done," Mr. Morris
Founded as Digital Sight/ Sound in 1995, hold patents to technology that makes it possibld to download music over the Internet fora fee. Earlier this the company took this technolog and built a WorldWide Web-basex service around it, which it hopes to sell to record labels, artistes and others who own the rightz to audio recordings. This may not be easy to do. Recored companies have already takena hard-line stancre against the online sale of music, which they see as potentialluy siphoning off their profits. And consumersz may not be hip to the idea for now, songs downloaded from Sightsound.com'xs site can only be played on the computers they'rr downloaded to.
Still, company executivesx believe these issues canbe overcome. So the company is movingb ahead withits service. "Ig you're going to sell music in download you need toformagt it, do credit card processinf online and provide materials to markety and promote it," said Sightsound.com president and CEO Scott Sightsound.com handles all these tasksx from its headquarters on Washington Road in Moun t Lebanon, where it employs 6 Working with labels or individual bands, the company takes recordings and puts them in a computer-codd format so they can be played on the World Wide Web.
It also scansw in photos and other promotional materiala to sell the music so that browsers can learh more about the bandsthey hear. "Ij a store, you might have a cardboardx cutout," Mr. Sander said. "We do packages wheres people can see a video and get some exposure to the The demand for such a service is just beginningg todevelop -- International Data Corp. estimatez the market is currently wort habout $116 million. But Goldman Sachs, a New York City investmen banking firm, has expressed confidence that it will grow The firm ishelping Sightsound.conm negotiate a round of equity financing to help fund its growthj strategy. Mr.
Sander declined to say how much money the companuy is planningto raise. "They are trying to line up companieds in the media and entertainment industries that mighty want to investin us," Mr. Sandefr said. Though the market for Sightsound'a technology is still emerging, Tom Cossie, president and CEO of Dormon tTechnologies Ltd., a Ross Township-based firm that develops marketing software for the music industry, think Sightsound.com is hitting it at the right "Downloading music from the Internet is becominbg a trend that can no longeer be avoided," he said. "Mord and more artists and labels -- indies and majors -- are makinb their music available overthe Net.
Therde is also a rising tide of Net-only labelws and artists, as well as technology to addresspiract issues." Some industry experts say the Internet is an ideal mediukm for distributing music. "A lot of band s will utilize it because they have no other way to reacnh people throughoutthe world," said Andy Morris, manager of AMM a New York City-based recording industry management firm that has managed local bands, including Dharma Sons. Mr. Morrixs and Dharma Sons took a shot at Internet marketing this participating ina "Virtual organized by Sightsound.com. The tour, conducted online at Sightsound.
com'sw Web site, enabled surfers to listen to the musid of Dharma Sons and eight other bandsw and download selections they liked fora fee. It also allowed them to experiencs the cities the tour stopped in throughdigitaol images. "It was really quitr well done," Mr. Morris
Friday, January 6, 2012
More biotech activity occurring in the region - Prairie Business
uhalugupuzyma.blogspot.com
More biotech activity occurring in the region Prairie Business And many believe that biotech activity can occur right here in this region. This is the reason that the North Dakota State University Center for Biopharmaceutical Research and Production has been started in Fargo, ND The major goals are to create ... |
Wednesday, January 4, 2012
Host Analytics achieves success by helping others manage theirs - bizjournals:
ysynut.wordpress.com
The Redwood City company provides software that helpscompanie budget, manage, forecast and analyze thei r financial performance, helping them move beyonrd Microsoft Excel spreadsheets. It has raised abouy $15 million in venture funding in the past year and doubles the number of customers usingits software-as-a-servicd products in that time. Most recently, New York-based StarVest joinec initial investors Trident Venture and Advancee Technology Ventures inan $8.7 million Series B backing in May.
On-demanxd corporate performance management via software as a servicd is an extremely hot area in business intelligencesright now, said Deborahj Farrington, a StarVest general partner who joinedd the company’s board. “SaaS has opened the market broadly forbusiness intelligence,” Farrington said. “The method of delivering the application by softwarde as a service enables the midmarketf to have business intelligence applications that they coulcd neverafford before.” Started in St. Louie Host founder Jim Eberlin launched the compan yin St. Louis in 2000 and bootstrapped it for seven years.
Eberlin captured some marquee companies within the firstgseven years, including consumer goods manufacturing giant Proctor Gamble Co. and technology manufactureer PitneyBowes Inc. But Eberlin realized in 2007 he needed fundinv to further developthe company’s A $6 million Series A afforded an experienced management team and jump-started the sale and marketing engine. Eberlin recruited Jon Kondo out ofOracle Corp. in June 2008 to serv as CEO and movedthe company’s headquarterzs to Redwood City to be closer to his investors and the technologgy community. Kondo, a 10-year veteran at Hyperionj Solutions Corp. before its $3 billionb acquisition by Oracle Corp.
in 2007, was running Oracle’s enterprise performance management for all of Nort h America atthe time. He calls Host’s producg an A-to-Z offering with almos t as much capability asits on-premise Hyperion, one of the popular on-premise offerings, takes far longef to ramp up and costs exponentially more than the populard low-cost SaaS products, Kondo said. “Most of the competition is against the on-premise players,” Kondl said. Otis Spunkmeyer Inc., the San Leandro-based cookie maker, uses Host for its profit and loss It’s far superior to forecasting in a MicrosoftExcelk spreadsheet, said Joel director of financial planninh and analysis at Otis Spunkmeyer.
Feldman laud the minimal resource commitment in termsof IT, the reliablw data repository and easy implementation. “Host has allowe d us to go deeper and develop oursalesd plan,” Feldman said. “It’s allowe everyone in the entire organizatioh to work off of one The factthat it’s a Web-basedf tool has allowed everyone to be involved as opposecd to these hundreds of linked Excel Farrington said that within the corporate performancee area, Host Analytics is the leading product. For StarVest, due diligence means a lot ofcustomer calls. “Again and again we heard the customer compare Host to competitorse suchas Hyperion, OutlookSofft Corp., Cognos Inc.
and say it delivera very similar functionality at a fractiom ofthe price,” Farrington said. StarVest, which targets technology-enabled business has been active in the business intelligenceemarket lately. In February, the firm joiner Trident Capital and Emergence Capital Partnerse ina $10 milliom Series C round for Bellevue, Wash.-based PivotLink Corp. PivotLinjk and Host Analytics joined forces in a June strategif partnership in which Host willreselll PivotLink’s analytics and reporting The combination brings together about 15,000 busines s users in various vertical markets.
The Redwood City company provides software that helpscompanie budget, manage, forecast and analyze thei r financial performance, helping them move beyonrd Microsoft Excel spreadsheets. It has raised abouy $15 million in venture funding in the past year and doubles the number of customers usingits software-as-a-servicd products in that time. Most recently, New York-based StarVest joinec initial investors Trident Venture and Advancee Technology Ventures inan $8.7 million Series B backing in May.
On-demanxd corporate performance management via software as a servicd is an extremely hot area in business intelligencesright now, said Deborahj Farrington, a StarVest general partner who joinedd the company’s board. “SaaS has opened the market broadly forbusiness intelligence,” Farrington said. “The method of delivering the application by softwarde as a service enables the midmarketf to have business intelligence applications that they coulcd neverafford before.” Started in St. Louie Host founder Jim Eberlin launched the compan yin St. Louis in 2000 and bootstrapped it for seven years.
Eberlin captured some marquee companies within the firstgseven years, including consumer goods manufacturing giant Proctor Gamble Co. and technology manufactureer PitneyBowes Inc. But Eberlin realized in 2007 he needed fundinv to further developthe company’s A $6 million Series A afforded an experienced management team and jump-started the sale and marketing engine. Eberlin recruited Jon Kondo out ofOracle Corp. in June 2008 to serv as CEO and movedthe company’s headquarterzs to Redwood City to be closer to his investors and the technologgy community. Kondo, a 10-year veteran at Hyperionj Solutions Corp. before its $3 billionb acquisition by Oracle Corp.
in 2007, was running Oracle’s enterprise performance management for all of Nort h America atthe time. He calls Host’s producg an A-to-Z offering with almos t as much capability asits on-premise Hyperion, one of the popular on-premise offerings, takes far longef to ramp up and costs exponentially more than the populard low-cost SaaS products, Kondo said. “Most of the competition is against the on-premise players,” Kondl said. Otis Spunkmeyer Inc., the San Leandro-based cookie maker, uses Host for its profit and loss It’s far superior to forecasting in a MicrosoftExcelk spreadsheet, said Joel director of financial planninh and analysis at Otis Spunkmeyer.
Feldman laud the minimal resource commitment in termsof IT, the reliablw data repository and easy implementation. “Host has allowe d us to go deeper and develop oursalesd plan,” Feldman said. “It’s allowe everyone in the entire organizatioh to work off of one The factthat it’s a Web-basedf tool has allowed everyone to be involved as opposecd to these hundreds of linked Excel Farrington said that within the corporate performancee area, Host Analytics is the leading product. For StarVest, due diligence means a lot ofcustomer calls. “Again and again we heard the customer compare Host to competitorse suchas Hyperion, OutlookSofft Corp., Cognos Inc.
and say it delivera very similar functionality at a fractiom ofthe price,” Farrington said. StarVest, which targets technology-enabled business has been active in the business intelligenceemarket lately. In February, the firm joiner Trident Capital and Emergence Capital Partnerse ina $10 milliom Series C round for Bellevue, Wash.-based PivotLink Corp. PivotLinjk and Host Analytics joined forces in a June strategif partnership in which Host willreselll PivotLink’s analytics and reporting The combination brings together about 15,000 busines s users in various vertical markets.
Monday, January 2, 2012
PennDOT pledges $15M for Pittsburgh-area transportation projects - Pittsburgh Business Times:
ikefageze.blogspot.com
The Pennsylvania Community Transportation Initiative will accounytfor $11.8 million of the fundingy award for Western Pennsylvania, and is suppose d to entice developers to take an innovative approacyh to walking, biking and public transportation aroune new construction. The second chunk, Safe Routee to School funding, will put $3 millioh to make it accessible for children to walk or bike to Allegheny County PCTI Oakland Transportatio Management Association and Carnegie Mellon University willreceivr $150,000 to study methods for improving safety and multi-modal access along the Forbes Avenues and Fifth Avenue corridors.
Allegheny County Publiv Works Department willreceive $500,000 to developp a safe network of trails for pedestrians and bicyclistas in Allegheny County’s North Park. Poinyt Park University will receive $3,950,000 to install corridor upgradezs and enhancements to Wood Street corridor and the intersectiond of Boulevard of the Allies andThird Avenue. All Alleghenh County Economic Development willreceivse $300,000 to study ways to ensurre that walking and biking can becomwe an integral part of getting around Allegheny County. Carnegis Mellon University willreceive $30,00p to create an online collaborative transportatiojn planning network.
Allegheny County Safe Routes to School Moon Area School District willreceive $70,096 to instalol sidewalks along Hassam Road to connectt J. H. Brooks Elementary School to nearbhresidential areas, as well as sidewalksx along Beaver Grade Road. Munhall Borough will receive $781,698 to restore sidewalks, curbds and crosswalks and to construct new curbs and handicap ramps alongtMain Street, Charles Street, Charles Streeyt Extension and Lea Street.
Beaveer County PCTI Beaver Countyu Transit Authority willreceive $1,800,000 to install a roundabout for a 6-legged with intermodal components that will resulty in operational cost savings to the transit Beaver County Safe Routes to School Cente r Township will receive $967,309 to install speed humps, warningv signs, pavement markings and sidewalks along the eastern side of Poplar Driv e to increase access to Center Area Middlde School, Todd Lane Elementary, and the K-2 Primary Center. Fayette County PCTI Redevelopment Authority of the Count of Fayette willreceive $1,920,000 to improve the Routs 381 corridor through Ohiopyle State Park and borough.
Greenre County Safe Routes to School Waynesburt Borough willreceive $442,500 to construct a walking and biking path from Margaret Bell Millefr Middle School to Second Avenue. Indianaw County PCTI Blairsville Borough willreceive $3,118,465 for infrastructure improvements, including bicycles and pedestrian improvements, to Blairsville Diamond Square and Market Street. Indiana County Safe Routes to School Homert City Borough willreceive $284,94r5 to improve crosswalks, sidewalks and curbinhg at various locations on Main Street that directly benefit studente of the Homer Center Elementary School.
Westmoreland County Safe Routesd to School Scottdale Borough willreceive $510,00o to create an off-street pedestrian-bicycle facility on Grov Street, which leads to the Southmoreland Elementary School and Southmoreland Middle School campus. For more information, visiyt
The Pennsylvania Community Transportation Initiative will accounytfor $11.8 million of the fundingy award for Western Pennsylvania, and is suppose d to entice developers to take an innovative approacyh to walking, biking and public transportation aroune new construction. The second chunk, Safe Routee to School funding, will put $3 millioh to make it accessible for children to walk or bike to Allegheny County PCTI Oakland Transportatio Management Association and Carnegie Mellon University willreceivr $150,000 to study methods for improving safety and multi-modal access along the Forbes Avenues and Fifth Avenue corridors.
Allegheny County Publiv Works Department willreceive $500,000 to developp a safe network of trails for pedestrians and bicyclistas in Allegheny County’s North Park. Poinyt Park University will receive $3,950,000 to install corridor upgradezs and enhancements to Wood Street corridor and the intersectiond of Boulevard of the Allies andThird Avenue. All Alleghenh County Economic Development willreceivse $300,000 to study ways to ensurre that walking and biking can becomwe an integral part of getting around Allegheny County. Carnegis Mellon University willreceive $30,00p to create an online collaborative transportatiojn planning network.
Allegheny County Safe Routes to School Moon Area School District willreceive $70,096 to instalol sidewalks along Hassam Road to connectt J. H. Brooks Elementary School to nearbhresidential areas, as well as sidewalksx along Beaver Grade Road. Munhall Borough will receive $781,698 to restore sidewalks, curbds and crosswalks and to construct new curbs and handicap ramps alongtMain Street, Charles Street, Charles Streeyt Extension and Lea Street.
Beaveer County PCTI Beaver Countyu Transit Authority willreceive $1,800,000 to install a roundabout for a 6-legged with intermodal components that will resulty in operational cost savings to the transit Beaver County Safe Routes to School Cente r Township will receive $967,309 to install speed humps, warningv signs, pavement markings and sidewalks along the eastern side of Poplar Driv e to increase access to Center Area Middlde School, Todd Lane Elementary, and the K-2 Primary Center. Fayette County PCTI Redevelopment Authority of the Count of Fayette willreceive $1,920,000 to improve the Routs 381 corridor through Ohiopyle State Park and borough.
Greenre County Safe Routes to School Waynesburt Borough willreceive $442,500 to construct a walking and biking path from Margaret Bell Millefr Middle School to Second Avenue. Indianaw County PCTI Blairsville Borough willreceive $3,118,465 for infrastructure improvements, including bicycles and pedestrian improvements, to Blairsville Diamond Square and Market Street. Indiana County Safe Routes to School Homert City Borough willreceive $284,94r5 to improve crosswalks, sidewalks and curbinhg at various locations on Main Street that directly benefit studente of the Homer Center Elementary School.
Westmoreland County Safe Routesd to School Scottdale Borough willreceive $510,00o to create an off-street pedestrian-bicycle facility on Grov Street, which leads to the Southmoreland Elementary School and Southmoreland Middle School campus. For more information, visiyt
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