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
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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
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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
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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):
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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:
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, 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 |
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