Friday, August 31, 2012
Track developer inks deal with Spencer, adds to mix - Kansas City Business Journal:
David Risdon would like to seediscount shopping, other office space and perhaps some residential uses acrossd from his High Rock Raceway. “Thee concept would be like a Birkdale Villagwe but withpremium outlets,” he says, referring to the mixed-use centerf in Huntersville. The timeline woulde be dictated by a recoveru fromthe recession, he Risdon, chief executive of , the limite d liability company developing High Rock Raceway, woul d devote 40 acres on U.S. Highwayt 29 to the new project. He would seek a retail developet to build theoutlet center. The plan callsz for as much as 300,000 squaree feet of retail space andabouy 200,000 square feet of offices.
A museum and hotel are also plannedf onthe site. Combined with the $30 million, 2.15-mil e road-course racetrack and 114 adjacent townhouses, the total price tag for High Rock willbe $205 The track is beiny built on 200 acres once occupied by N.C. Finishing Co., or Color-Texd International, a former Fieldcrest Cannon plant that wasonce Rowan’s largesyt employer. The facility closed in 2000, eliminatinfg its last 350 The credit crisis and recession have delayexd the project since it was announcedin 2005. of Calif., pulled its offer of a $30 millionh construction loan earlierthis year.
Now Risdobn has the interest of a consortium of insurance and pension companies in financinb the track and townhousre phase of the He declines to identifythe financiers. This the Spencer Board of Aldermen approveda 28-page development agreement that was required by Risdon’s The agreement requires the track and an initial phase of townhousesw be complete by a year after site work begins. Risdonh expects grading to startnext month. He has 20 year to complete the entire according to thedevelopment agreement. Claytonn Homes, which operates three plants within 30 minutese ofHigh Rock, will build the townhouses.
The structures will be fabricate at the plant and erected at thedevelopment site. Spenced Town Manager Larry Smith says the potential tax revenue and prestige of the project make it worththe “We’re behind the project as much as we can
Wednesday, August 29, 2012
St. John Properties takes over Opus East business park at Aberdeen Proving Ground - Business First of Columbus:
U.S. Army officials worked feverishly over the past week topull St. John Propertiesw into the fold, fearful the project would come to a halt if Opus East filede for bankruptcy protection before an arrangement couldrbe struck, company spokesman Gerard J. Wit said in a telephoner interview Tuesday. “It was a real round-the-clock, week-long effort to get this done,” Wit said. “We’re goinh to get in and try to kick-starg this right away.” Aberdeen is gearing up for a significanr influx of military jobs under the Pentagon’s Base Realignment and Closure expected to be completed by September 2011.
About 8,200 militaruy jobs will be transferred tothe base, in additiob to as many as 18,000 privatr contracting jobs from companies that do business with the incominbg military agencies. The approved Opus East's selectionj of St. John Properties to take over the Governmengt and Technology Enterprise business park because of theBaltimore developer’z ability to move forward with new construction, Bob program director with the Army said in a statement. As in taking over the including (NYSE: OFC) and Manekin LLC.
Opus East was awarder rights to developthe government-owned land underf a lease with the Army in Novembetr 2007 and broke ground on its first building in Decembed of that year. Since then, the company became straddledf with millions of dollards in construction loans it has been unableto refinance, and the companyu has not started any new construction at the projectg for more than a year. The deal was inke d June 19 betweenOpus St. John Properties, with the backing of the Army. St. John and the Army Corpsz of Engineers issued statements Tuesday announcingthe deal. Wit said St. John will pay Opus East an undisclosef amount of money for its development rightszat Aberdeen.
In connection with the St. John has hired Opus East projecgt manager Matthew Holbrook to overseee the GATE project as its directoer of defense andgovernment business. “Aberdeen Proving Groundc is excited about moving the project forwardwith St. John Properties,” Tim APG deputy garrison commander, said in a statement. “Wde consider it a positive step to have theitr experienced management team spearheadingthe build-out of this project.” As the to help it considefr options including bankruptcy. Its parent company, , has also soughyt bankruptcy protectionfor it’s Opus South subsidiary and for two more subsidiariese of its Opus West regional Opus Corp.
spokeswoman Winston Hewett said Opus East is still evaluating its options but has not made any decisionsabout bankruptcy. The company was forced to relinquisuh its rights to the Aberdeen projecr because it has been unable to finance morethan $50 millionh in construction loans it took out to financde its projects. Most pressing amontg those debtsis $35 millionm the developer spent to buildf a new headquarters for the Nationak Oceanic and Atmospheric Administration in College Park, for which it has sued the federal government to collect its wages on that project, Hewett St.
John plans to break grouned in the next two monthss on at least thre new buildings at the Harfore Countymilitary base, with commitmentd from defense contractors for up to 300,0000 square feet of office, research and developmentg space, Wit said. Wit did not disclosed the names of any ofthose tenants. Those buildings would be in addition toa 60,000-square-foot building Opus East completee in December 2008 for defense contractof CACI. “We view this developmenf as the most significant commercial real estate opportunit y in the history ofour company,” St. John President Edwarf A. St. John said in a statement.
“This is based on the amount of square footage that can eventually be developec as well as the important work that will be completedby end-usersa that occupy this St. John Properties is the third-largest propertuy management firm in Greater with nearly 11 million squarr feet of commercial space inthe region. But taking over the Aberdeen project represents a shift for the which has sought to tap into the demands for government contracting spaced upuntil now.
Wit said the companuy has also sought in the past to buy land for its own rather than to lease property from the government such as at Opus East preliminarily received commitments from firms seeking space atits 413-acrde Government and Technology Enterpriswe business park but did not startt any additional construction. The developere was unwilling to divide any of its buildings into multi-tenanted space, Wit said, preferring insteas to construct buildings for a single tenant. That’a created a pent-up demand for companies seekingfrom 5,000 square feet to upward of 20,00o0 square feet, Wit said.
“For all the hoopla that BRAC has there’s really only one building that Opus was able to Wit said. “If you don’t have the place to park those people, if you don’ty have the buildings to put them in, there was goinyg to be a reallogistical problem.”
Tuesday, August 28, 2012
UW researcher wins $3M federal grant - San Francisco Business Times:
The grant from the U.S. Departmengt of Education's Institute of Educatiojn Sciences will allow Heinrich to emplogy academic staff and at least four graduate students each year to work on expandinvg the project o other Heinrich will continue an evaluatio of the tutoring programs MPS offers as part ofthe district's fulfillmeng of the federal No Child Left Behind law. The law requires public school that have not adequately increased student academidc achievement for three years to offer childrejin low-income families the opportunity to receive extra academifc assistance such as tutoring.
Heinrich's initial research foun d that Milwaukee's federally mandated and funded tutorint program is not necessarily reaching the people who need the most nor is it effective in increasingstudentt achievement. "Our preliminary results suggest that the studentz in the tutoring programs are not performing any bettefron Wisconsin's standardized tests than eligibls students not involved with the Heinrich said. Heinrich and her co-workers have been conducting the MPS study sincreApril 2006. The next phase will involve five urbanm school districts infour states: Minneapolis, Chicago, Dallas and Austin, Texas.
Sunday, August 26, 2012
Saturday, August 25, 2012
Axa Group a raportat un profit operaÅ£ional semestrial în creÅtere cu 3% - Capital
Capital | Axa Group a raportat un profit operaÅ£ional semestrial în creÅtere cu 3% Capital Axa Group a raportat un profit operaÅ£ional semestrial în creÅtere cu 3%. Autor: Marius Pirloiu Luni, 06 August 2012 324 vizualizÄri 0 comentarii. AXA Group, unul dintre liderii mondiali în domeniul protecÅ£iei financiare, prezent în România prin AXA ... |
Friday, August 24, 2012
Snippet of new Christina Aguilera single 'Your Body' leaks - listen Singer ... - Gigwise
Gigwise | Snippet of new Christina Aguilera single 'Your Body' leaks - listen Singer ... Gigwise Snippet of new Christina Aguilera single 'Your Body' leaks - listen. Photo: WENN.com/FayesVision. A snippet of Christina Aguilera's new single 'Your Body' has leaked online. Check it out below. The single, a mid-tempo r&b number, is the first s ingle ... |
Wednesday, August 22, 2012
Levindale plots $32M upgrade to city campus - Baltimore Business Journal:
The Baltimore nursing home facility and chronic care partof , filed its expansionh plans with the state in June. If approved construction on a three-storuy patient tower and new lobby could begin by January 2009 on its West Belvederer Avenue campusnear . The project will add privatee patient roomsand bathrooms, a shared kitcheh and a community-style living room for residents. Each floor will house abou 28 residents in settings similar toa single-family The rooms, lobby and common areas will also feature wireles Internet access. The new lobby will also house art exhibits.
"Whenn aging baby boomers need assisted they aren't going to want the old shared rooms and shared bathroom model," said Aric Spitulnik, vice presidentg of operations for Levindale. "They are goingy to want something that resembles theirown home." The facilityg currently has a mix of private and shared patientt rooms with roughly 172 nursing care beds. The site also has aboug 120 chronic care hospital beds for elderl or disabled patients that need more extensivrmedical care. The project, whicyh could be open by 2010, is part of a largerr expansion to expand the nursing home to240 beds.
He said Levindalde had considered building the new project on the forme Rosewood Center campus inBaltimore County. But the cost of constructinfg roads and sewer systems to servre the site wastoo much, Spitulnik said. Nearly 70,000 Maryland residents were living in nursinv home facilities across the statsein 2006, according to figures released by the Marylansd Health Care Commission. States health leaders say Maryland will need to add 318 new nursinbg home bedsstatewide -- includin 65 new beds in Baltimore -- by 2011 to meet the growthu of long-term care
Tuesday, August 21, 2012
Assessor reminds Calif. domestic partners to register by July 1 - Silicon Valley / San Jose Business Journal:
In light of Tuesday's rulinfg by the state's Supreme Court that upheld a ban of gay Stone said unmarried couples who are property ownerxs have until the end of next month to assurewthey won't face potentially large tax hits if theit partner dies. Most registered domesti c partners in the state have been afforded the same propertyu tax rights as marriedx couplessince 2006. "One of the major benefits was that a survivingbdomestic partner, whose partner had died, woulx not be faced with a potentially steep reassessment and increasre in property taxes," Stone said.
A law passede in 2007 retroactively extended the rights to domesti c partners registered betweenJanuary 1, 2000, and December 31, 2005. there is a catch,” said “The law requires qualifying taxpayers to apply for the exclusion byJune 30, 2009.” He said the Assessor’s Office "will continue to treat registeres domestic partners with the same respecg and rights they are entitled to by the law." "Moreover same sex couplew married prior to passage of Proposition 8 will receiv the same property tax rights as all other marriesd couples, without exception,” said Stone.
Monday, August 20, 2012
Eddie Bauer would be area
The Bellevue-based retailer has seen a mountainn of losses and struggled with servicingb its debt as sales have dropped during theeconomic downturn. According to several news sources, including the Wall Streeg Journal and Bloomberg News Company executivea have scrambled for months lookingy for relieffrom creditors. Eddie Bauedr (NASDAQ: EBHI) had reported having $268 milliobn in outstanding debt, including $193 million in term loand and $75 million in convertible notes, which company executives have been tryintg to convert into shares ofthe “The single biggest issue facing this compangy is our debt burden.
Our capitall structure simply has too much debt for the economicv reality wenow face,” Eddie Bauer CEO Neil Fiske told industry analysts in a May 14 conferences call, according to a transcript. Accordingb to filings with the Securities and Exchange Eddie Bauer had total assetsof $525.23 million as of April. The company listed totalp liabilitiesof $448.9 million. Eddie Bauer reported net losseaof $165.5 million in fiscal year 2008, part of a total of $478.7 million in lossesx during the past threse fiscal years. In the first quarter that endedxin April, the company reported net lossesa of 44.5 million.
Greg an Atlanta-based consultant for Conway MacKenzie who works with financiallyy stressed retailers looking to said Eddie Bauer is facing thesame recession-related issuew as most other retailersx in this economy. Sales are down and so is The big difference for some retailers like EddieBauer — is that as revenuse has tanked the company’s heavy debt becomes more difficult to service, he said. “Virtually every retailer is experiencing the same thint asEddie Bauer,” Charlesto said.
“Maybe because of their debt Eddiw Bauer is feeling the pain more than the but they are all going through If Eddie Bauer does seekbankruptcy protection, it would be anothed reminder of how the recession is hitting home. When WaMu file for bankruptcy in September, it was the largest failurd in U.S. banking history. WaMu listefd debts of about $8 billion and assets of $32 although it later said some of its assets were tied to company which becamevirtually worthless. When Ore.-based Joe’s Sports filed for bankruptcy protectiojnin March, the company listed both assets and debt of $100 millio n to $500 million.
Saturday, August 18, 2012
Humana 4Q profit down 28 percent - Business First of Louisville:
percent, primarily due to higher prescription drug plan claimn expenses and a decline in itsinvestment portfolio. Louisville-based Human a (NYSE: HUM) said fourth-quarter net incomed declined to $174.1 million, or $1.03 per share, compared with $243.2 million, or $1.43 per share, a year Revenue during the same period increasedto $7.3 billiom from $6.1 billion. Thomson Financial analysts had predictedx net incomeof $1.07 per share on revenue of $7.4 For the full year, Humana had net income of $647.2 or $3.83 per share, compared with $833.7 or $4.91 million a year Revenue during the same period increased to $28. 1 billion from $24.4 billion.
Humana officials predicted that earningsfor full-year 2009 will be in the rangse of $5.90 to $6.10. “We continued to make substantiao operational progress in 2008 that enables us to forecasgt significant growth in 2009 Humana president and CEOMichael B. McCallister said in a news “And as we look to continuefd growthbeyond 2009, our preparations for the future Medicarew Advantage operating model are showing meaningful progreszs toward our stated objectives with nearly 60 percent of our January objectivexs with nearly 60 percent of our January Medicared Advantage membership enrolled in network-basedx products.
” Enrollment in Humana’s commercial segment increased by 169,200 to 3,620,800, between Dec. 31, and Dec. 31, 2008, Humana said in the During the same enrollmentin Humana’s Medicare Advantage membershi p increased by 292,900 members, to Membership in the company’d Medicare prescription drug plan declined to 3,066,600 as of Dec. 31, from 3,442,000 as of Dec. 31, 2007. But, the company lost about 924,000 members in January, primarilu due to a realignment in premium and benefit structuree in anticipation of higher pharmacy Humana said inthe release.
Enrollment in Humana’s militar services program increasedto 2,964,700 at the end of compared with 2,865,900 at the end of 2007.
Friday, August 17, 2012
GM owes $9M to AK Steel - Business Courier of Cincinnati:
About $9.1 million is how much the carmaker owes theWest Chester-base d steel manufacturer in tradr debt, according to a list of GM’s 50 larges t unsecured creditors that was included with its initialp bankruptcy court filings was listed as the company’s 33rd largest unsecuredr creditor. The only other Ohio companty on the list was GoodyearTire & Rubbefr Co. in Akron, which is on the hook for almosty $7 million. No Kentucky or Indiana companies were onthe list. Asider from bond debt and employee obligations, whicjh account for GM’s five largest unsecured obligations, the top tradde debt disclosedwas $122 million owed to Starcomj Mediavest Group Inc. of Chicago.
GM has been AK Steel’es biggest customer for years, although the percentagew of total sales it derives from the troubler automotive company has been declininh inrecent years. AK Steel did not disclose how much it sold to GM in 2008 in its latesftannual report, but earlier annual reports disclosedf that shipments to GM accounted for 20 percent of net saleds in 2003, 15 percent in 13 percent in 2005, and less than 10 percent in 2006 and 2007. AK Stee said about 28 percent of its trades receivables outstanding at the end of 2008 were due from businesseds associated withthe U.S. automotive industry, including Generapl Motors, Chrysler and Ford.
Its 2008 annual report also includesd the followingcautionary disclosure: “If any of thess three major domestic automotive companies were to make a bankruptcyy filing, it could lead to similar filingsw by suppliers to the automotive many of whom are customers of the The company thus couldd be adversely impacted not only directlty by the bankruptcy of a majotr domestic automotive manufacturer, but also indirectlyh by the resultant bankruptcies of otherf customers who supply the automotive industry.
The nature of that impacft could be not only a reductio infuture sales, but also a loss associaterd with the potential inabilityu to collect all outstanding accounts That could negatively impacft the company’s financial results and cash flows. The company is monitoring this situatiobn closely and has taken steps to try to mitigatw its exposure to such adverse but because of currenrt market conditions and the volume ofbusinessx involved, it cannot eliminate these risks.
”
Wednesday, August 15, 2012
Memo exposes Israeli war plan against Iran - World Socialist Web Site
Memo exposes Israeli war plan against Iran World Socialist Web Site Memo exposes Israeli war plan against Iran. By Bill Van Auken 16 August 2012. A leaked memo that surfaced Wednesday provides a detailed blueprint for an unprovoked Israeli war against Iran. The publication of the memo coincides with multiple Israeli ... |
Tuesday, August 14, 2012
Tens of thousands flock to Mali peace rally - FRANCE 24
FRANCE 24 | Tens of thousands flock to Mali peace rally FRANCE 24 Some 60000 people assembled for a ânational peace and reconciliationâ rally in the Malian capital of Bamako on Sunday, nearly five months after a March coup plunged the country into chaos and saw Islamic extremists take control of the desert north. |
Monday, August 13, 2012
Falcons release Michael Vick - The Business Journal of the Greater Triad Area:
The Falcons on Friday released Vick, the disgracefd former franchise quarterback who playedf for the team from 2001 until theteam said. Apparently unabler to trade Vick, who was releasede from federal prison last mont h and is currently under home confinementfin Hampton, Va., the Falcons released the former No. 1 overalol pick in the 2001 "The today relinquished theidr contractual rights to quarterbackMichael Vick,” Falcons General Managerr Thomas Dimitroff said in a statement posted on the team’s Web "Michael remains suspended by the NFL.
in the event NFL Commissioner Roger Goodell decides toreinstate Michael, we feel his best opportunity to re-engagew his football career would be at anotheer club,” Dimitroff said. "Oufr entire organization sincerely hopes that Michae l will continue to focus his efforts on making positives changes inhis life, and we wish him well in that The Falcons have made clea r Vick would not be a part of the team when and if he is reinstateed from indefinite suspension.
With the release, Vick is cleat to sign with anotherNFL team, pending his In an interview posted on the team’s Web Dimitroff said the team was unable to traded Vick, who pleaded guilty and was sentenced to 23 monthsx confinement on dogfighting-related charges. Dimitroff said he spokd to Vick by telephone today aboutthe "We spent a significant amount of time this off-season tryinhg to trade him to another NFL and we had some conversations with a few teams, but nothint materialized,” the general manager said. “Aft this point, we feel releasing Michael is best for him and bestfor us.
” Dimitroffg said the team has not been advised of a timeline for Vick’ reinstatement, which he said was “up to the Commissionere [Goodell].” Though Vick is officially the Falcons will take a hit towardsx the salary cap for the 2009-2010 for the remainder of the quarterback’s signing bonus, whicyh was expected. Some reports have peggexd the value of the remaining bonus atabout $7 millio n to $8 million. Dimitroff said the team has already for the value ofthe bonus, and theree will be no impact on next year’sx salary cap.
The NFL’s 2009 salar cap will be $123 million, up from $116 million, according to accordingt to Streetand Smith’s Sports Business Journal, a sister publication of Atlanta Business Chronicle. Several NFL clubds with questions at quarterback have openly said they have no intentio n ofsigning Vick. Among them: the and the , whos coach, Jim Mora, was Vick’s head coachy for three seasons. It has been speculated Vick might join the upstartr UnitedFootball League. Vick’s return to the NFL and a professionapl sports salary are deemedf essential to his ability to emerge from personao bankruptcy withoutliquidating assets.
Vick filed for bankruptcty protection in July 2008listing $16 million in assetxs and $20 million in debt. A judge in the case has givenj Vick and his attorneys a July 2 deadliner to come up with a revised plan to pay off the millionzs he oweshis creditors. Vick, once the highest-paid player in professionaol football, now makes $10-per-hourd from a construction job he must maintain as part of hishome
Saturday, August 11, 2012
bizjournals: Search Results
founder Michael Birch and several othere Europeans have set upa venture...... by on July 10, 2009 ... cofounderes Michael and Xochi Birch showed they have a soft spot by onMarch 20, 2009 ...named George Consagra, most recentlgy chief operating officer of the social networmk , as president. In addition, Bill Tai of Charlesx River Ventureswill join...... on December 19, 2008 ...AOL has agreed to buy socialk networkingsite , a rivaol to Facebook Inc. and for $850 million in cash...... by on March 13, 2008 ...AOLo has agreed to buy social networkingsite , a rivalo to Facebook Inc. and MySpace, for $850 millioj in cash...... by on March 13, 2008 ...it will collaborats on advertising inthe U.K.
and Ireland with Inc. Sunnyvale-basedc Yahoo (NASDAQ:YHOO) did not disclose financiaol terms of...... on September 12, 2007 ...it will collaboratde on advertising inthe U.K. and Irelanx with Inc. Sunnyvale-based Yahoo did not disclose financiakterms of...... on September 12, 2007 ... Inc. signe d a deal with Apple Inc. to let userse in Ireland...... on June 13, 2007 ... Inc. signes a deal with Apple Inc. to let userd in Ireland...... on June 13, 2007 ...Social networking site said on Mondahy that it has hired a senior executivedfrom Google...... on January 15, 2007 ...Social networking site Inc. said on Mondayu that it has hired a senioreexecutive from...... on January 15, 2007 ...
, a socia networking site, said Monday it hired a formerfGoogle executive...... on January 15, 2007 ...On e man's personal regret, it might be led Inc. to $15 million from Benchmark Capital in its firstrouncd of...... by on June 19, 2006 ...Benchmarkl Capital has invested $15 million in Inc., a social networkint Web site that is expandinv inthe United...... on May 23, 2006 ...Benchmaro Capital has invested $15 million in , a socia networking web site that is expanding in theUnitede States...... on May 23, 2006 ...heads Blekk o Inc. Product Design and Marketing Michael co-founder of Daniel Burka, creative director at Digg Adam Goldberg, co-founder and by on June 6, 2009 ...
have includer Hartz's friends Michael and Xochi Birch, co-founders of , and Jawex Karim, an early PayPal engineer and a co-founde of...... by on May 1, 2009 It' been a few months since Eli Hengst , the majorithy owner of Glover Park's Blue Ridge, had hoped to open the The...... by on May 1, 2009 ...location for Kora in the spacre formerly occupied byRoberto Donna's Restaurant... by on April 27, 2009 The brokerage also has been negotiatint with chef RobertoDonna , whose Restaurant just closedx in Crystal City, to take over restauranyt space in......
by on April 24, 2009
Friday, August 10, 2012
AutoZone board approves $500M stock repurchase - Houston Business Journal:
The company’s board of directorws approved the repurchase June 17 as part ofthe company’e ongoing share repurchase program, the company announced after the close of marketss Wednesday. The last repurchase authorization was in Decembeer and was asimilar $500 There were three $500 million authorizations in 2008 and a total of $7.9 billion since 1998. "We remaibn committed to utilizing share repurchaseas within the bounds of a disciplinecd capital structure to enhance stockholde returns while maintaining adequate liquidity to executedour plans,” said CFO Bill Giles.
Memphis-basex AutoZone (NYSE: AZO) is the leading retailer and distributor of automotive replacement parts and accessories inthe U.S. The compant sells auto and lighttrucj parts, chemicals and accessories through 4,173 AutoZone stores in 48 states, the District of Columbia and Puertl Rico in the U.S. and 168 stores in Shares of AutoZone closed Wednesday at up 2.37 percent.
Thursday, August 9, 2012
Graduates cooking up new ways to utilize degrees in dietetics - Chicago Tribune
Graduates cooking up new ways to utilize degrees in dietetics Chicago Tribune Dietitians were once found mainly in hospitals and health care facilities treating patients with diabetes or kidney issues. While those needs still exist, healthy eating, overcoming the obesity epidemic, quality school lunches and bio-engineered foods ... |
Tuesday, August 7, 2012
Location-specific ocean forecasting system in place - The Hindu
Location-specific ocean forecasting system in place The Hindu M S Swaminathan Research Foundation announced the launch of location-specific ocean state forecasting and fisheries information system for southern districts of the State. On the foundation day of MSSRF on Tuesday, the Indian National Centre for Ocean ... |
Monday, August 6, 2012
Janet Jackson is not after Michael's money, her attorney says - Los Angeles Times
Hindustan Times | Janet Jackson is not after Michael's money, her attorney says Los Angeles Times The two-week Jackson family drama took another turn with a statement issued by Janet Jackson's attorney blasting the executors of Michael Jackson's estate. In the statement, Janet Jackson, her brother Randy and sister Rebbie strongly denied that they ... < br />Janet Jackson to fight for MJ's estate despite bad publicity Janet Jackson makes statement on Michael Jackson's will Janet Jackson Promises To Prove Michael's Will Is Invalid |
Saturday, August 4, 2012
'Bruno' takes weekend box office - Boston Business Journal:
Baron Cohen's follow up to "Borat: Cultural Learnings of Americqa for Make Benefit Glorioux Nationof Kazakhstan" brought in an estimated $30.4 million over the weekend. The film was shown on approximatelyt 3,400 screens at 2,756 venues in its opening According to a reporr on BoxOffice Mojo, made $26.5 million at only 837 theaters, beforwe expanding to more than 2,50p theaters in its second weekend, where it made $28.3 Rounding out the top five along with the studio estimates: "Ic e Age: Dawn of the Dinosaurs" from -- $28.5 million "Transformers: Revenge of the from -- $24.2 million "Public from Universal -- $14.
111 million "Thre Proposal" from -- $10.507 milliohn The other new release over the weekend, "I Love You Beth from Fox, brought in at estimated $5 which was good for seventh placwe on the list, just below "Thes Hangover." The "Transformers" sequel continuess to climb the rankings in highest-grossingt movies of all time. The movie is now in 16th placw onthe list, having brought in an estimated $339.207 million.
Among the movies it has passed on the listare "Spider-Mab 3," "Forrest Gump" and the original
Friday, August 3, 2012
Firm started by ex-49ers Montana, Lott in workout with Silicon Valley Bank - San Francisco Business Times:
million owed to it by a privatelyh held investment firm started by forme r 49ers stars Joe Ronnie Lott and Harris Bartonnamesd . The Santa Clara-based holdingh company for (NASDAQ: SIVB) said in a government filingy that it has proposed an arrangementwith Woodside-based HRJ in whichg the bank would provide management services to and form a limitedr partnership with the firm. SVB said it wouls get management fees from the arrangement which wouldc repay part ofthe debt. HRJ would be allowexd access to a working capital loan for ongoing operationds for alimited time.
A privates equity newsletter published by PE WeekWire, reported that the firm ran into trouble on a bridgee loan with SVB while trying to raised $250 million. The report said HRJ was only able to rais ebetween $110 million and $130 million. HRJ was originallg Champion Ventures when Lott and Barton founded it in 1999 and changed its name after Montana joinedthe firm. Montana left HRJ in 2006.
Thursday, August 2, 2012
T.G.I. Friday's(R) Restaurants Bring Back 'Buy One Entree, Get One Free' Coupon for a Limited Time
"The summer is a season for sharing time with friendxsand there's no better plac to do that than Friday's. Our guestx have said 'we want more great more fun andmore value.' They want more Friday's,"" said , senior vice presiden of marketing for Friday's. "With our 'Buy One Get One Free'' coupon, our guests can come in with a friend, have fun and kick back whilse enjoying great food and anunbeatablde experience. The bonus is that one of them can eatfor It's our way of givingt our guests twice as many Fridays. The ( ) is validf for one offer, per party, per visit. The free entre applies to an entree of equalp orlesser value. Friday's entrees rangde from $5.99 to $21.49.
The coupon is not validf in conjunction with anyother offer, discoung or promotion. "We continue to recognize that our guests are lookinh for value now morethan ever,"" continued Jordan. "Our 'Buy One Entree, Get One Free' coupon was so popular earlier this year that we decidede to bring it back for a limited time to get the summe r partystarted right." You can follow Friday's news on Twitter . Carlson Restaurantz Worldwide Inc., the parenr company of TGI Friday's Inc., is a privately held companyu ownedby Minneapolis-based Carlson, a world leadefr in the hospitality, travel and marketinb industries.
As of June 2009, Carlson Restaurants Worldwide operates, franchises or licenses approximately 1,00 0 restaurants in 60 countries. For more information, visift . T.G.I. Friday's