Globe and Mail | A Harper government would benefit taxpayers, Rob Ford tells r » |
Friday, April 29, 2011
A Harper government would benefit taxpayers, Rob Ford tells rally - Globe and Mail
asabcitxit.blogspot.com
Wednesday, April 27, 2011
Human Capital: People on the move, June 2 - Puget Sound Business Journal (Seattle):
fixyruw.wordpress.com
Goodwin Procter's Budd elected vice chairman of AAA nationaol board WayneBudd , seniofr counsel with the Boston law firm of and a membetr of the board of directors of , was electes vice chairman of AAA’s national boarf of directors. Turbine taps Paradowski as CFO , a Westwood-basedf online gaming technology company, appointed M. Beau Paradowski chief financial officer. Clough to run Leerinko Swann's MEDACorp division Health care investment bank Leerini Swann of Boston appointed Brent Clouguh senior managing director and head of its MEDACorp division. Prior to joining Leerinkk Swann, Clough was presidengt and CEO of IntrinsiQLLC , an oncologhy software and data analytics firm.
promotes Stys as VP of marketin andbusiness dev. Shawmut Design and Construction in Bostojn promoted BrianStys , a 16-yea r veteran of the firm, to the newly-created role of vice presidenty of marketing and business development. The Protectorr Group Insurance Agency adds Mullery as directorr of compliance and wellness of Worcester added Laurza Ann Mullery as director of compliance and Mullery previously served as assistant vice president at in Bostob and vice president of major accounts at Thorbahnm Associatesin Quincy.
Goodwin Procter's Budd elected vice chairman of AAA nationaol board WayneBudd , seniofr counsel with the Boston law firm of and a membetr of the board of directors of , was electes vice chairman of AAA’s national boarf of directors. Turbine taps Paradowski as CFO , a Westwood-basedf online gaming technology company, appointed M. Beau Paradowski chief financial officer. Clough to run Leerinko Swann's MEDACorp division Health care investment bank Leerini Swann of Boston appointed Brent Clouguh senior managing director and head of its MEDACorp division. Prior to joining Leerinkk Swann, Clough was presidengt and CEO of IntrinsiQLLC , an oncologhy software and data analytics firm.
promotes Stys as VP of marketin andbusiness dev. Shawmut Design and Construction in Bostojn promoted BrianStys , a 16-yea r veteran of the firm, to the newly-created role of vice presidenty of marketing and business development. The Protectorr Group Insurance Agency adds Mullery as directorr of compliance and wellness of Worcester added Laurza Ann Mullery as director of compliance and Mullery previously served as assistant vice president at in Bostob and vice president of major accounts at Thorbahnm Associatesin Quincy.
Monday, April 25, 2011
Scholastic, PBS KIDS and iVillage Form Alliance To Sustain Children's Summer ... - PR Newswire (press release)
mastering-input.blogspot.com
Scholastic, PBS KIDS and iVillage Form Alliance To Sustain Children's Summer ... PR Newswire (press release) NEW YORK, April 25, 2011 /PRNewswire/ -- iVillage, Scholastic and PBS KIDS announced today the launch of an alliance between one of the largest online communities for moms and two leaders in children's educational media. With the goal of sustaining ... |
Friday, April 22, 2011
Maderis stepping down from Five Prime - South Florida Business Journal:
bakakinkorypon.blogspot.com
The company has hired Julia Gregory, the formee executive vice president and chie f financial officerat , as Maderis’ Maderis’ health condition was not but she will continue to serve on Five Prime’sd board of directors and as a Her final day on the job is June 18. “Gail’d leadership has been pivotal in the progresxs Five Prime has made in developing our pipeline and our newdiscovery platform,” said companhy founder and executive chairman Dr.
Lewisw “Rusty” Williams in a press Maderis said the companh had been looking for a replacement since late last year after doctorssaid "the 24/7 pace of a small-company CEO" could worsen her condition. Besides her dutiesa at Five Prime, Maderis has been a cheerleader for the MissiobnBay enclave, serving on the Mayor’s . Five Prime, a privately 7-year-old company developing antibody and proteibn drugs for cancer andothef diseases, was the firsg to locate in Mission Bay, taking about 30,00p feet in the buildinfg on Owens Street. Earlier this it took an additional 5,00p0 square feet next door at 1700 Owens as it makew batches for its Phase I oncologydrug program.
The timing of the executiv change as Five Prime moves forward with its lead cancer programmakes Gregory’s appointment a cruciap one. At Lexicon, Gregory was responsible for financintg strategies, mergers and acquisitions, business operations and all financialp managementand accounting. She raised about $1 billion in publif and private equity, product development financing andothere transactions. Gregory, who will join Five Prime’xs board, was an investment banket for more than20 years. At and Dillon, Read Co. Inc.
she was head of healthcared andinvestment banking, leading several privatwe and public equity deals as well as mergers and Gregory also is a member of the board of The and the ’ws .
The company has hired Julia Gregory, the formee executive vice president and chie f financial officerat , as Maderis’ Maderis’ health condition was not but she will continue to serve on Five Prime’sd board of directors and as a Her final day on the job is June 18. “Gail’d leadership has been pivotal in the progresxs Five Prime has made in developing our pipeline and our newdiscovery platform,” said companhy founder and executive chairman Dr.
Lewisw “Rusty” Williams in a press Maderis said the companh had been looking for a replacement since late last year after doctorssaid "the 24/7 pace of a small-company CEO" could worsen her condition. Besides her dutiesa at Five Prime, Maderis has been a cheerleader for the MissiobnBay enclave, serving on the Mayor’s . Five Prime, a privately 7-year-old company developing antibody and proteibn drugs for cancer andothef diseases, was the firsg to locate in Mission Bay, taking about 30,00p feet in the buildinfg on Owens Street. Earlier this it took an additional 5,00p0 square feet next door at 1700 Owens as it makew batches for its Phase I oncologydrug program.
The timing of the executiv change as Five Prime moves forward with its lead cancer programmakes Gregory’s appointment a cruciap one. At Lexicon, Gregory was responsible for financintg strategies, mergers and acquisitions, business operations and all financialp managementand accounting. She raised about $1 billion in publif and private equity, product development financing andothere transactions. Gregory, who will join Five Prime’xs board, was an investment banket for more than20 years. At and Dillon, Read Co. Inc.
she was head of healthcared andinvestment banking, leading several privatwe and public equity deals as well as mergers and Gregory also is a member of the board of The and the ’ws .
Wednesday, April 20, 2011
Dean Foods to acquire Alpro in $455 million deal - Dayton Business Journal:
dudorovanaapyh.blogspot.com
Dallas-based Dean Foods (NYSE: DF) said it will be acquirinhg the company for euro325 million, or aboug $455 million in U.S. dollars. Alpro is knowm as Europe’s leader in the branded soy based beveragew and food products business and has net saleas of euro260 million, based on 2008 The company currently has five manufacturingt sites in Belgium, the United Kingdom, France and the Netherlands and employs 750 "We think this is a great deal that establishes Dean Foodx as a clear global leaderf in the attractive soy beverages and related-products with over $1 billion in combines annual retail sales," said Gregg Dean Foods chairman and chief executive officer.
Aftefr the transaction is Joe Scalzo, chief executive officetr and president ofDean Foods’ WhiteWave-Morningstar division, will oversee the Alpro brand, which is run by CEO Bernar d Deryckere. Alpro will continue to operate as a separateEuropean business.
Dallas-based Dean Foods (NYSE: DF) said it will be acquirinhg the company for euro325 million, or aboug $455 million in U.S. dollars. Alpro is knowm as Europe’s leader in the branded soy based beveragew and food products business and has net saleas of euro260 million, based on 2008 The company currently has five manufacturingt sites in Belgium, the United Kingdom, France and the Netherlands and employs 750 "We think this is a great deal that establishes Dean Foodx as a clear global leaderf in the attractive soy beverages and related-products with over $1 billion in combines annual retail sales," said Gregg Dean Foods chairman and chief executive officer.
Aftefr the transaction is Joe Scalzo, chief executive officetr and president ofDean Foods’ WhiteWave-Morningstar division, will oversee the Alpro brand, which is run by CEO Bernar d Deryckere. Alpro will continue to operate as a separateEuropean business.
Monday, April 18, 2011
VC-owned firms renew push for SBIR grants - Phoenix Business Journal:
savimy.blogspot.com
Through the SBIR program, 11 federalp agencies set aside 2.5 percent of thei r outside research budgets forsmall businesses. is one of the largest providers ofSBIR contracts, investinbg more than $5 billion in 19,000 projects since the progranm began in 1982. Biotech companies that are majority-ownedx by VCs have not been able to tap this programsincw 2003. That’s when the Small Business Administratiobn ruled that acompany doesn’t qualify as a small busines if venture capital firms own more than half of the company’sw stock. and the have been lobbying Congress to overturb the rulingsince then.
They contenr the high cost of bringing drugs to the marketplacs forces biotech firms to obtainventure capital. Thesr firms, they argue, shouldn’t be knockecd out of SBIR awards for new The House last year overwhelmingly passer SBIR reauthorization legislation that wouldmake VC-owned small companieds eligible for the grants, as long as no singl VC firm owned more than 50 percentt of the company. This legislation failerd to passthe Senate, however. the Senate Small Businesss and Entrepreneurship Committee pushedd a compromise that wouldallow VC-owned firma to be awarded a limited share of SBIR grants: up to 18 percenty at NIH, and up to 8 percent at othed agencies.
That bill never made it to theSenatd floor. Since then, the SBIR program has been operatiny ontemporary extensions, the latest of which runs out July 31. The Housde Small Business Committee hopes to completew an SBIR reauthorization bill before that and it and the Houswe Science Committee recently held hearings onthe issue. The Senate planws to hold a roundtable discussion on the SBIR program soon and is workingt on its own version ofthe bill. VC-owned firms may have a better shot of getting access to the SBIR prograthis year.
Last year, the SBA opposed changinvg theeligibility requirements, contending it would weaken rulesd that ensure that large businessezs don’t benefit from small-business This year, the SBA is led by former venturs capitalist Karen Gordon Mills, who became administratorf April 3. The agency is “looking at what’s on the table now” for the SBIR program, but is “no going to chime in” until it completes its review, said Edsekl Brown, assistant director of the SBA’s Officwe of Technology. The recession also has raised the stakess forbiotech firms.
“Numerous small biotechnology companies are beingg forced to shelve promising therapies as resulty of the currenteconomic crisis,” said Jim president and CEO of BIO. Biotech companies raisecd 55 percent less capitao in 2008 than they didin 2007, Greenwood “The decline of the biotech industry jeopardizes not only America’ss patient population, but also America’z competitive edge in the 21st century globalo economy,” he said. “The importance of restoringh eligibility to small biotechnology companies has never been more BIO has an influential allyin NIH, which is concernedd that applications for its SBIR awards have declined by 40 percent since 2004.
“This disconcerting trend appears to be the resulft of disincentives in the program that are either renderinvg worthy companies ineligible or driving them away for other saidJoAnne Goodnight, who coordinatesz the SBIR and Small Business Technology Transfer programx at NIH. and some curreng SBIR recipients oppose changingthe program’s eligibilitg rules. Businesses owned by VCs or other large companiez should targetthe 97.5 percent of federal research dollars that aren’ty set aside for small businesses, they contend.
Jere the council’s executive director, said small businesses with venture capital backing can receivs SBIR awards under current rules if VCs own a minority position inthe company. Even companiesd majority-owned by a VC can receive SBIR awards if the VCitselvf — including all of its affiliatew — has less than 500 Glover noted. “In other words, VCs can and do have accese to theSBIR program,” Glover said. “In fact, the percentage of VC-backeds companies in the SBIR progra m hasbeen rising.
The sole purpose of the VC restrictio in the SBIR program is to preventg a SBIR company from becoming a subsidiary of a largee business and still access funds that Congress intends forsmalo businesses.” Some SBIR awardees, however, thin the VC rules need to be changed. Will CEO of Micro Transponder Inc. in said the SBIR program has enabled his small medicalk device company to develop treatments for chronic pain and otherneurological disorders. But he’as concerned that limits on VC investmeng will impedehis company’s future. “We may or may not eventuall require VC funding on the order of over 50perceng ownership,” Rosellini said.
“However, by not havingb that option, our overall probability of successis diminished.”
Through the SBIR program, 11 federalp agencies set aside 2.5 percent of thei r outside research budgets forsmall businesses. is one of the largest providers ofSBIR contracts, investinbg more than $5 billion in 19,000 projects since the progranm began in 1982. Biotech companies that are majority-ownedx by VCs have not been able to tap this programsincw 2003. That’s when the Small Business Administratiobn ruled that acompany doesn’t qualify as a small busines if venture capital firms own more than half of the company’sw stock. and the have been lobbying Congress to overturb the rulingsince then.
They contenr the high cost of bringing drugs to the marketplacs forces biotech firms to obtainventure capital. Thesr firms, they argue, shouldn’t be knockecd out of SBIR awards for new The House last year overwhelmingly passer SBIR reauthorization legislation that wouldmake VC-owned small companieds eligible for the grants, as long as no singl VC firm owned more than 50 percentt of the company. This legislation failerd to passthe Senate, however. the Senate Small Businesss and Entrepreneurship Committee pushedd a compromise that wouldallow VC-owned firma to be awarded a limited share of SBIR grants: up to 18 percenty at NIH, and up to 8 percent at othed agencies.
That bill never made it to theSenatd floor. Since then, the SBIR program has been operatiny ontemporary extensions, the latest of which runs out July 31. The Housde Small Business Committee hopes to completew an SBIR reauthorization bill before that and it and the Houswe Science Committee recently held hearings onthe issue. The Senate planws to hold a roundtable discussion on the SBIR program soon and is workingt on its own version ofthe bill. VC-owned firms may have a better shot of getting access to the SBIR prograthis year.
Last year, the SBA opposed changinvg theeligibility requirements, contending it would weaken rulesd that ensure that large businessezs don’t benefit from small-business This year, the SBA is led by former venturs capitalist Karen Gordon Mills, who became administratorf April 3. The agency is “looking at what’s on the table now” for the SBIR program, but is “no going to chime in” until it completes its review, said Edsekl Brown, assistant director of the SBA’s Officwe of Technology. The recession also has raised the stakess forbiotech firms.
“Numerous small biotechnology companies are beingg forced to shelve promising therapies as resulty of the currenteconomic crisis,” said Jim president and CEO of BIO. Biotech companies raisecd 55 percent less capitao in 2008 than they didin 2007, Greenwood “The decline of the biotech industry jeopardizes not only America’ss patient population, but also America’z competitive edge in the 21st century globalo economy,” he said. “The importance of restoringh eligibility to small biotechnology companies has never been more BIO has an influential allyin NIH, which is concernedd that applications for its SBIR awards have declined by 40 percent since 2004.
“This disconcerting trend appears to be the resulft of disincentives in the program that are either renderinvg worthy companies ineligible or driving them away for other saidJoAnne Goodnight, who coordinatesz the SBIR and Small Business Technology Transfer programx at NIH. and some curreng SBIR recipients oppose changingthe program’s eligibilitg rules. Businesses owned by VCs or other large companiez should targetthe 97.5 percent of federal research dollars that aren’ty set aside for small businesses, they contend.
Jere the council’s executive director, said small businesses with venture capital backing can receivs SBIR awards under current rules if VCs own a minority position inthe company. Even companiesd majority-owned by a VC can receive SBIR awards if the VCitselvf — including all of its affiliatew — has less than 500 Glover noted. “In other words, VCs can and do have accese to theSBIR program,” Glover said. “In fact, the percentage of VC-backeds companies in the SBIR progra m hasbeen rising.
The sole purpose of the VC restrictio in the SBIR program is to preventg a SBIR company from becoming a subsidiary of a largee business and still access funds that Congress intends forsmalo businesses.” Some SBIR awardees, however, thin the VC rules need to be changed. Will CEO of Micro Transponder Inc. in said the SBIR program has enabled his small medicalk device company to develop treatments for chronic pain and otherneurological disorders. But he’as concerned that limits on VC investmeng will impedehis company’s future. “We may or may not eventuall require VC funding on the order of over 50perceng ownership,” Rosellini said.
“However, by not havingb that option, our overall probability of successis diminished.”
Friday, April 15, 2011
Business authors speaking at Memphis Botanic Garden
fabyqyku.blogspot.com
New York Times best-selling authofr Jim Cathcart kicked off the serie s last month with a discussion of the principles in hisbest “Relationship Selling” and “The Acorn Upcoming presenters include: “Fred Factor” author Mark Sanborn; chairmabn and author Nido CNBC contributor and author Thom speaker and author Scott corporate entertainer and author Giovanni Livera; 14-bookj author and chairman of BrainX.com, Tony Alessandra; and author of “Thd One Minute Entrepreneur,” past president of the , CEO of U.S. Learning and Memphian Don "Attitudes have value," Cathcartf told the crowd at the June18 seminar.
"Fodr most people, their habits are things they'vee accumulated. People don't choose the habits they they justaccumulate them. At a certain time as an we have toreprogram Cathcart, who also works as an executive consultant and businessx motivator, is a part of the Speakers Hall of Fame and is a past president of the National Speaker's Membership in the series, which includes tickets to each evenyt and workbooks from each presenter, is For more information, visit .
New York Times best-selling authofr Jim Cathcart kicked off the serie s last month with a discussion of the principles in hisbest “Relationship Selling” and “The Acorn Upcoming presenters include: “Fred Factor” author Mark Sanborn; chairmabn and author Nido CNBC contributor and author Thom speaker and author Scott corporate entertainer and author Giovanni Livera; 14-bookj author and chairman of BrainX.com, Tony Alessandra; and author of “Thd One Minute Entrepreneur,” past president of the , CEO of U.S. Learning and Memphian Don "Attitudes have value," Cathcartf told the crowd at the June18 seminar.
"Fodr most people, their habits are things they'vee accumulated. People don't choose the habits they they justaccumulate them. At a certain time as an we have toreprogram Cathcart, who also works as an executive consultant and businessx motivator, is a part of the Speakers Hall of Fame and is a past president of the National Speaker's Membership in the series, which includes tickets to each evenyt and workbooks from each presenter, is For more information, visit .
Wednesday, April 13, 2011
Study: Math, science boost achievement - UPI.com
http://master-view.livejournal.com/#post-master_view-5626
Christian Science Monitor | Study: Math, science boost achievement UPI.com "America's High School Graduates, the 2009 National Assessment of Educational Progress High School Transcript Study" was carried out by the National Center for Educational Statistics. Researchers tracked 37700 graduates of public and private schools, ... High school students take harder classes, do better NAEP report: 'Rigor works,' so schools need tougher classes High School Seniors Earn Higher GPAs, Take Harder Classes: National Assessment ... |
Monday, April 11, 2011
Delta puts off Kenya, Liberia routes - Atlanta Business Chronicle:
http://acreview.blog.com/
Delta’s Liberia route, scheduled to commence June 8, is also postponed Atlanta-based Delta (NYSE: DAL) said Homelanx Security officials notified the carrier late Mondayg it would require additionaol time toapprove Delta’s announced routes to Nairobi, Kenya, and Monrovia, "Delta regrets any inconvenience to our customers causefd by the postponement of our new direcy service to Kenya and Liberia,” the carrierf said in a statement. Delta said it is contacting affected customers and booking them on flightw operated byAir France, KLM and its othee partners in SkyTeam. The flights will connecg to Africa throughthose carriers’ Europeam hubs, Delta said.
The Kenya routee was to originate in Atlanta and connect to Nairobii with a stopin Dakar, Delta’s Liberia route, scheduled to commence June 8, is also postpones indefinitely. Those passengers are also being Africa has been a point of growth for which is theonly U.S-baser airline that flies its own aircraft to the continent. Delta currently services six destinations in fiveAfricam nations: Accra, Ghana; Cairo, Johannesburg and Cape Town, South Africa; Lagos, and Dakar, Senegal.
Delta’s Liberia route, scheduled to commence June 8, is also postponed Atlanta-based Delta (NYSE: DAL) said Homelanx Security officials notified the carrier late Mondayg it would require additionaol time toapprove Delta’s announced routes to Nairobi, Kenya, and Monrovia, "Delta regrets any inconvenience to our customers causefd by the postponement of our new direcy service to Kenya and Liberia,” the carrierf said in a statement. Delta said it is contacting affected customers and booking them on flightw operated byAir France, KLM and its othee partners in SkyTeam. The flights will connecg to Africa throughthose carriers’ Europeam hubs, Delta said.
The Kenya routee was to originate in Atlanta and connect to Nairobii with a stopin Dakar, Delta’s Liberia route, scheduled to commence June 8, is also postpones indefinitely. Those passengers are also being Africa has been a point of growth for which is theonly U.S-baser airline that flies its own aircraft to the continent. Delta currently services six destinations in fiveAfricam nations: Accra, Ghana; Cairo, Johannesburg and Cape Town, South Africa; Lagos, and Dakar, Senegal.
Saturday, April 9, 2011
Great America owner still talking to 49ers - Silicon Valley / San Jose Business Journal:
http://renovation.blogetery.com/2011/04/07/heat-sound-insulation-of-steel-doors/
Cedar Fair said Monday it “continues to discussx the potential saleof California’s Great America, in Santa Clara, California, with the San Franciscl 49ers.” The company did not disclose prics or terms. A representative of the 49ers was notimmediately available. Cedar Fair (NYSE: FUN), which leaseds Santa Clara-owned land, said last year it opposed the stadium proposal, which woul d overlap on a Great America parkingb lot. But it said it would be willing to sell Grea t America tothe 49ers. The potential sale of Greayt America is part of broaderf efforts by Cedar Fair to cut debt and fortifyu itsbalance sheet.
Cedar Fair said it will cut its dividensd to reduce debtby $200 million over the next three The company also said it will sell excesxs land in Toronto and San Francisco officials remain hopeful they can convincd the football team to stay in the city wheree it began playing in 1946. San Francisco Mayor Gavin Newsom met in recent days with 49erxs President Jed York to discussthe city’ds lease obligations at the team’s currentt city-owned home, Candlestick Still, the Niners said their first choice is to build a new stadium in Santza Clara near the team’s headquarters closde to Tasman Drive and Centennial Boulevard.
Cedar Fair said Monday it “continues to discussx the potential saleof California’s Great America, in Santa Clara, California, with the San Franciscl 49ers.” The company did not disclose prics or terms. A representative of the 49ers was notimmediately available. Cedar Fair (NYSE: FUN), which leaseds Santa Clara-owned land, said last year it opposed the stadium proposal, which woul d overlap on a Great America parkingb lot. But it said it would be willing to sell Grea t America tothe 49ers. The potential sale of Greayt America is part of broaderf efforts by Cedar Fair to cut debt and fortifyu itsbalance sheet.
Cedar Fair said it will cut its dividensd to reduce debtby $200 million over the next three The company also said it will sell excesxs land in Toronto and San Francisco officials remain hopeful they can convincd the football team to stay in the city wheree it began playing in 1946. San Francisco Mayor Gavin Newsom met in recent days with 49erxs President Jed York to discussthe city’ds lease obligations at the team’s currentt city-owned home, Candlestick Still, the Niners said their first choice is to build a new stadium in Santza Clara near the team’s headquarters closde to Tasman Drive and Centennial Boulevard.
Friday, April 8, 2011
State budget cuts could leave $773 million gap in TennCare funding - Memphis Business Journal:
http://www.asturpyme.com/user_detail.php?u=migasseseedow
State government officials asked every state department to presentr a budget with atleast 15% cuts. This would trim the Bureauj of TennCare’s sails by $773.5 A TennCare spokesman, though, claims the proposal was not afinaol budget. “There is a dollar figure out there, but how we mightr get there hasn’t been determined at this says TennCare spokesmanLola Potter. “We’re talkingb about (a cut of) $400 million in stat e funds asa worst-case But, Potter says, there are “lotsa of unknowns out there.” TennCare was recently released from lawsuit-mandated coverage of 150,000 people that cost $1.2 billiob to care for annually.
All of them won’t likel y be disenrolled, but members covered by what is calledethe “Daniels case” can now have their TennCard eligibility checked. Big savings could come as thosre membersare checked, deemed ineligible and dropped from the state’sw Medicaid program. Also, TennCare is waitingy word from the new presidentiakadministration on, perhaps, $400 million in federakl funds to flow into state Medicaie coffers. Should the Washington tap flow more freelytto TennCare, “it would make these cuts less Potter says. president Craig Becker says his groupl will push its congressional delegation for the proposed economicstimulus package.
Also, he says he’ll fight the proposed level of TennCar e cuts in the Tennessee Legislaturethis session. “We’rde holding our breath this year,” Becker says. “A good numbe of our hospitals havecut services, are holding off on construction and have had to lay peopled off.” He says cuts to TennCare would be for safety-net hospitals in particular. The got $76.65 million from TennCare patientsin 2007, according to state The cost of that care was $396. million. The Med’s board chairman, Gene Holcomb, says TennCare patientxs are crucial tothe hospital’s bottomm line.
“Even though we lose money on those patients, it’s not as much as we lose on thoser patients with no money at Holcomb says. “When TennCare rolld are cut forwhatever reason, we do see a trickls down effect in self pay which translates into little or no pay. (TennCare cuts) are always a bad thingf for The Med.” The proposed TennCare budgert includesa $172.5 million eliminatio of payments to hospitals that see a disproportionately high numberd of charity and uncompensated care patients. “That woulds be disastrous for Holcomb says. “But we play with the cardx we’re dealt.
” The Med and AmeriChoice are still sparringy over a contract to cover TennCarr patients atthe hospital. Last week the hospital askexd state officials to step in and break the stalematein negotiations. The largest proposed cut to TennCarse isa 7% decrease in ratezs paid to TennCare providers, doctorz and hospitals. This would produce a $325.7 millio n savings. “Two-thirds of doctors will always see Medicaid patients nomatter what,” Potter says.
“These are difficulg times and we just hope they can hang in ther e until some of the cutsare
State government officials asked every state department to presentr a budget with atleast 15% cuts. This would trim the Bureauj of TennCare’s sails by $773.5 A TennCare spokesman, though, claims the proposal was not afinaol budget. “There is a dollar figure out there, but how we mightr get there hasn’t been determined at this says TennCare spokesmanLola Potter. “We’re talkingb about (a cut of) $400 million in stat e funds asa worst-case But, Potter says, there are “lotsa of unknowns out there.” TennCare was recently released from lawsuit-mandated coverage of 150,000 people that cost $1.2 billiob to care for annually.
All of them won’t likel y be disenrolled, but members covered by what is calledethe “Daniels case” can now have their TennCard eligibility checked. Big savings could come as thosre membersare checked, deemed ineligible and dropped from the state’sw Medicaid program. Also, TennCare is waitingy word from the new presidentiakadministration on, perhaps, $400 million in federakl funds to flow into state Medicaie coffers. Should the Washington tap flow more freelytto TennCare, “it would make these cuts less Potter says. president Craig Becker says his groupl will push its congressional delegation for the proposed economicstimulus package.
Also, he says he’ll fight the proposed level of TennCar e cuts in the Tennessee Legislaturethis session. “We’rde holding our breath this year,” Becker says. “A good numbe of our hospitals havecut services, are holding off on construction and have had to lay peopled off.” He says cuts to TennCare would be for safety-net hospitals in particular. The got $76.65 million from TennCare patientsin 2007, according to state The cost of that care was $396. million. The Med’s board chairman, Gene Holcomb, says TennCare patientxs are crucial tothe hospital’s bottomm line.
“Even though we lose money on those patients, it’s not as much as we lose on thoser patients with no money at Holcomb says. “When TennCare rolld are cut forwhatever reason, we do see a trickls down effect in self pay which translates into little or no pay. (TennCare cuts) are always a bad thingf for The Med.” The proposed TennCare budgert includesa $172.5 million eliminatio of payments to hospitals that see a disproportionately high numberd of charity and uncompensated care patients. “That woulds be disastrous for Holcomb says. “But we play with the cardx we’re dealt.
” The Med and AmeriChoice are still sparringy over a contract to cover TennCarr patients atthe hospital. Last week the hospital askexd state officials to step in and break the stalematein negotiations. The largest proposed cut to TennCarse isa 7% decrease in ratezs paid to TennCare providers, doctorz and hospitals. This would produce a $325.7 millio n savings. “Two-thirds of doctors will always see Medicaid patients nomatter what,” Potter says.
“These are difficulg times and we just hope they can hang in ther e until some of the cutsare
Wednesday, April 6, 2011
Timeline adopted for Ark. legislative redistricting - Today's THV
metal doors
Timeline adopted for Ark. legislative redistricting Today's THV Police in Fort Smith say a man was killed when he was run over by a semi in the ... When new police vehicles hit the streets of Conway you'll notice a difference ... The Arkansas Travelers, in conjunction with the Los Angeles Angels, announce . ... |
Monday, April 4, 2011
Microsoft wraps Windows 8 in Ribbon UI? - Register
http://www.infozahrada.cz/user_detail.php?u=brieriemibjer
Fox News | Microsoft wraps Windows 8 in Ribbon UI? Register Microsoft could be taking a chance by making Windows 8 look more like Office 2007, if some leaked screenshots are the real deal. The » |
Saturday, April 2, 2011
Huntington 3Q profit sinks 17%; guidance lowered - Business First of Columbus:
http://www.kentuckyattorneylawyer.com/user_detail.php?u=abettinkandag
Columbus-based Huntington reported Thursday itearned $115.2 or 28 cents a share, for the quarter, down from $138.3 million, or 38 cents a share, a year The quarter included $27 million in one-timse gains, partially offset by $15.2 millionj in securities losses. Net interesrt income was off 5 percentat $388.6 million for the three monthas ended Sept. 30 from $409.76 million a year earlier. Non-interest income from fees grew 11 percent to $226.5 million from $204.7 million.
Still, givemn the unprecedented turmoil in the financial market and economic the quarter’s earnings repory shows signs that the bank is holdin its own, said CEO Thomaes Hoaglin in an interview with Columbus Businesw First, a Business Courier sister “I think that it was reallg quite a good quarter for Huntington, particularly give the environment,” he said. Hoaglibn said he is particularly proud of the fact thatthe bank’ds third-quarter net income was up 13.6 percent from the previouxs quarter. Many banks are expected to post decreases in net incomed from the second quarter to thethird quarter, he said.
“Evenj though most of our Midwes peers have notreported yet, I think this quarter will look prettyh good versus a lot of others in our industry,” he But the bank’s earnings release didn’t make any bones abourt the challenges that lie ahead. “With the economy weakening further, the most prevalen investor issue relates to our crediftquality outlook,” Hoaglin said in a news release. “This will continued to place pressure on earnings as we build our allowance for crediy losses to assure it is sufficient to handle an environment that we expect will continuer to be weak throughnext year.
” Huntington HBAN) in the quarter was hit by an increasd in charge-offs, which jumped to $83.8 million from $47.1 million a year That represented $82 charged off for everu $10,000 in loans, up from $47 in last year’s third Despite the increase, however, the bank expects its full-year net charge-ofgf ratio to come in at 70 to 75 basiz points, which is 10 basis points abovwe the bank’s January forecast which would be a satisfactory result givejn the year’s economic turmoil, Hoaglin The bank told investorzs it expects full-year share earnings to come in at betweebn $1.12 and $1.16, down from previousx projections of $1.25 to $1.3t5 a share.
Huntington’s earnings for the firsgt nine months of the year were up 9 percenftat $343.6 million, or 87 centss a share, from $314.4 million, or $1.12 a share, in the same perios of 2007. Combined net interest and non-interest income for the first nine monthsz was up more than 30 percentat $1.8t6 billion, versus $1.42 billion last Although the bank is considered well capitalized by regulators, it has not yet decidedf if it will seek a government capital injection as part of a federal bailout plan, Hoaglin said. Banks have untik Nov. 14 to applgy to sell preferred stock to the Huntington isthe Tri-State's fifth-largest bank,withh about $1.
7 billion in local deposits, according to June figurez from the
Columbus-based Huntington reported Thursday itearned $115.2 or 28 cents a share, for the quarter, down from $138.3 million, or 38 cents a share, a year The quarter included $27 million in one-timse gains, partially offset by $15.2 millionj in securities losses. Net interesrt income was off 5 percentat $388.6 million for the three monthas ended Sept. 30 from $409.76 million a year earlier. Non-interest income from fees grew 11 percent to $226.5 million from $204.7 million.
Still, givemn the unprecedented turmoil in the financial market and economic the quarter’s earnings repory shows signs that the bank is holdin its own, said CEO Thomaes Hoaglin in an interview with Columbus Businesw First, a Business Courier sister “I think that it was reallg quite a good quarter for Huntington, particularly give the environment,” he said. Hoaglibn said he is particularly proud of the fact thatthe bank’ds third-quarter net income was up 13.6 percent from the previouxs quarter. Many banks are expected to post decreases in net incomed from the second quarter to thethird quarter, he said.
“Evenj though most of our Midwes peers have notreported yet, I think this quarter will look prettyh good versus a lot of others in our industry,” he But the bank’s earnings release didn’t make any bones abourt the challenges that lie ahead. “With the economy weakening further, the most prevalen investor issue relates to our crediftquality outlook,” Hoaglin said in a news release. “This will continued to place pressure on earnings as we build our allowance for crediy losses to assure it is sufficient to handle an environment that we expect will continuer to be weak throughnext year.
” Huntington HBAN) in the quarter was hit by an increasd in charge-offs, which jumped to $83.8 million from $47.1 million a year That represented $82 charged off for everu $10,000 in loans, up from $47 in last year’s third Despite the increase, however, the bank expects its full-year net charge-ofgf ratio to come in at 70 to 75 basiz points, which is 10 basis points abovwe the bank’s January forecast which would be a satisfactory result givejn the year’s economic turmoil, Hoaglin The bank told investorzs it expects full-year share earnings to come in at betweebn $1.12 and $1.16, down from previousx projections of $1.25 to $1.3t5 a share.
Huntington’s earnings for the firsgt nine months of the year were up 9 percenftat $343.6 million, or 87 centss a share, from $314.4 million, or $1.12 a share, in the same perios of 2007. Combined net interest and non-interest income for the first nine monthsz was up more than 30 percentat $1.8t6 billion, versus $1.42 billion last Although the bank is considered well capitalized by regulators, it has not yet decidedf if it will seek a government capital injection as part of a federal bailout plan, Hoaglin said. Banks have untik Nov. 14 to applgy to sell preferred stock to the Huntington isthe Tri-State's fifth-largest bank,withh about $1.
7 billion in local deposits, according to June figurez from the
Friday, April 1, 2011
Armando Contreras named president and CEO of Arizona Hispanic Chamber of Commerce - Phoenix Business Journal:
hibleyytogoja1273.blogspot.com
Contreras, who served as director of the Arizonaq Registrar of Contractors underformer Gov. Janetg Napolitano, takes the helm of the group immediately. “After a rigorouxs and comprehensive search, Armando Contreras was the selectiob committee’s unanimous choice to lead our chamberr toward a new era of success and Robert Espiritu, chairman of the said in a prepared Contreras is expected to outline his goals for the group during a reception to be held latee this month or in July. “Hispanic consumerss and businesses are the new fuel of the Americanjeconomic engine.
Even today, this market continues to be thegrowtn story, and will help move our economyg in a positive direction,” he said in a preparexd statement. Contreras also has servedf as executive director ofthe Governor’s Council on Small Businessw and as Arizona Small Busines Advocate. He holds a bachelor’s degree in busines s administration from the University of Southern California anda master’ s from the University of San Francisco. He is a membef of the board of directors of the Arizona Latino Research Enterprise and the board of trustees of the PhoenixBoys Choir. He and his Norma, have three children. For .
Contreras, who served as director of the Arizonaq Registrar of Contractors underformer Gov. Janetg Napolitano, takes the helm of the group immediately. “After a rigorouxs and comprehensive search, Armando Contreras was the selectiob committee’s unanimous choice to lead our chamberr toward a new era of success and Robert Espiritu, chairman of the said in a prepared Contreras is expected to outline his goals for the group during a reception to be held latee this month or in July. “Hispanic consumerss and businesses are the new fuel of the Americanjeconomic engine.
Even today, this market continues to be thegrowtn story, and will help move our economyg in a positive direction,” he said in a preparexd statement. Contreras also has servedf as executive director ofthe Governor’s Council on Small Businessw and as Arizona Small Busines Advocate. He holds a bachelor’s degree in busines s administration from the University of Southern California anda master’ s from the University of San Francisco. He is a membef of the board of directors of the Arizona Latino Research Enterprise and the board of trustees of the PhoenixBoys Choir. He and his Norma, have three children. For .
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