Monday, August 29, 2011

Westerville gives nod to Westar expansion, but NP's plan trimmed - Business First of Columbus:

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But construction could take awhile giveb a sluggish real estate on May 6voted 4-3 to approve a preliminary development plan for the site straddling Polarisa Parkway. The approval comes nearly three yearsz after developerpaid $8.5 millionj for the former Zumstein famil y tract at Polaris and Worthington Road. "Itr gives us the ability to go find saidFranz Geiger, the developer's managingb partner. "It's a starting point, for NP looked at the site in mid-20054 and began talks with thethat October. It bought the land in July 2005.
At the the company was planning retaik projects on 21 acres north of Polaris Parkwayt and more stores on thesouthern portion, for a total of 300,000 squares feet. It also considered developing aboutf 460,000 square feet of officesx anda 100-condominium project. Its revisefd plan reduces retail and restaurant developmentto 242,000 squarwe feet, primarily south of Polaris Parkway, whils office use has shrunk to 340,000 squarde feet. The plan also calls for a hotel andan assisted-livin facility. The plan marks the last large tracy to be zoned within 941 acre annexee bythe city, said Karl Craven, director of planningt and development for Westerville.
"It'e a hurdle we've now gotten over," Craven City planners wanted to avoid allowing retaip todominate Westerville's entrance from Interstatee 71, an area the city marketz as Westar. "There's a desire to have that (property) develop with a gateway feeling," Cravenm said. He credited NP for workinh with the city to put Alum Creek and streames intothe plan. "It's pretty he said. Separate components of the developmenr will have to go back to the city for fina ldevelopment plans. Stephen Falor, managing principalk at 's office in Columbus, said retaio could prove viable for the project sincre developersalong store-laden Polaris are delaying projects.
"Iv they're smart, they'll do retail immediatelty before anyoneelse does," he said. He also praisedd the addition ofan assisted-living center to the noting "none of us are getting any younger." Geiged said all the components of the plan have some drawbackws given the state of the economy, but considers the market for assisted-livingb housing to be solid. "I don't see one use that'a ready to roll more than another," he "I think assisted livingb is ripe. There's demand for that." Medical offices couldd be added, Geiger said, but any retaip and office development would need to be drivenn by ananchor tenant.
That includesx two sites targetedfor build-to-suity corporate offices close to Alum Creek. "Io see that as a perfect office site," Geigerd said. "But that could take some

Saturday, August 27, 2011

Who can legally validate bear tags? - Corning Observer

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Who can legally validate bear tags?

Corning Observer


Question: The California Hunting Digest states that, "Only Department of Fish and Game (DFG) employees may validate bear tags. Bear tags must be validated before the bear can be transported, except for the purpose of taking it directly to the nearest ...



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Thursday, August 25, 2011

Humane Society opens $10.2M facility in NE Wichita - Dayton Business Journal:

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million at K-96 and Hillside. It’s part of a largere partnershipwith Wichita’s Animal Services Division. Together, the two entitiesa make up the . The two entities will functiom independently ofone another, but do offerr collaborative programs. Many of the key playerx in the project gathered on the campuws Monday morning to celebratethe opening. “We reallyh have something to be proud of here in our says Wichita MayorCarl Brewer.
“Today, it’s obvious how far we’ve The public-private partnership is the first of its kind in the Those involved say it eliminates duplicationjof services, will reunited more lost pets with theifr owners, increase convenience for the public and ensures every animal is spayedf or neutered prior to adoption all of which lead to the Kansas Humane Society’w ultimate goal of ending the unnecessary euthanasia of adoptablwe animals. “This public-private partnership is trul y an example of how far a community can saysGeorge Fahnestock, CEO of . Fahnestoco and Barry Schwan, presidentf of wholesaler , co-chaired the capitakl campaign.
“We are thrilled to open an innovative campuzs that will improve the lives of the pets and peoplre in our community for generations to saysKim Janzen, president and CEO of the Kansaes Humane Society. “It is so incredibl y exciting.” The Humane Society occupies 40,000 squares feet in the Murfin complex andthe city’s portiobn covers 26,060 square feet. To date, the Humane Societh has raised $9.7 million in private donations toward its goal and is seekinyg funding for theremaining $500,000. The city’e portion is funded by tax dollars. Dave Murfin, presidenyt of Inc.
and members of his who donated $2 million toward the project, were givenh naming rights to the complex. is the general contractoe and isthe architect. Both facilities on the 22-acrer campus will be open from11 a.m. to 6:30 p.m. Mondayt through Saturday and 1 to5 p.m. on

Tuesday, August 23, 2011

Nintendo 3DS Flame Red pre-order sales heat up - Punch Jump

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Nintendo 3DS Flame Red pre-order sales heat up

Punch Jump


s Nintendo 3DS Flame Red SKU climbed this week at retailer Amazon.com Inc. this week pending release of the new hardware SKU. This week, the Nintendo 3DS Flame Red SKU held a 41 percent sales increase to rank as the No. 130 best-selling product in ...



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Saturday, August 20, 2011

UW researcher wins $3M federal grant - Pittsburgh Business Times:

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The grant from the U.S. Department of Education'ws Institute of Education Sciences will allow Heinrich to employ academic staff and at least four graduate students each year to work on expandingv the project oother cities. Heinrich will continue an evaluation of the tutorinh programs MPS offers as part ofthe district'sx fulfillment of the federal No Child Left Behined law. The law requires public schoolsz that have not adequately increased student academic achievement for three year s to offer childrenin low-incomre families the opportunity to receive extra academi c assistance such as Heinrich's initial research found that Milwaukee's federally mandated and funded tutoring program is not necessarily reachinbg the people who need the most nor is it effective in increasinh student achievement.
"Our preliminary resultz suggest that the students in the tutoring programs are not performingb any betteron Wisconsin's standardized testws than eligible students not involved with the Heinrich said. Heinrich and her co-workers have been conducting the MPS studyt sinceApril 2006. The next phase will involve five urbah school districts infour states: Minneapolis, Chicago, Dallas and Texas.

Thursday, August 18, 2011

Crescent Resources files Chapter 11 - Charlotte Business Journal:

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The Charlotte-based development firm’se chief executive, Arthur Fields, has retired and will work with Crescent in anadvisor capacity, the company says. Andrew Hede, Crescent’s chiefd restructuring officer, has been named CEO. “We have been in activ e discussions with our lenders and other stakeholders as we work towardss an agreement that will bring our capital structure in line with the currentteconomic environment,” Hede says. Crescent has more than 5,00p0 creditors, according to its filing.
Its assets are estimate d at morethan $1 The local projects listed in the Chapter 11 filing includwe Piedmont Row and The Sanctuary at Lake Crescent says it intends to operatw its continuing businesses withouf any significant interruption during the restructuring process. The compan y says that’s possible because of a recentlyobtainedx debtor-in-possession financing facility of $110 millionn from a group of its existinbg lenders.
As part of the Chaptee 11 filing, Crescent says it seeks courtyapproval “to make certain payments and to maintain key agreementes with employees, customers, vendors and partners of continuing operationsa to ensure the company can maintain its commitmeny to delivering a high level of amenities and Crescent says the filing is necessary to reorganize its reduce its debt level and improvre its capital structure. “Wse intend to reach an agreement on our new capitapl structure and emerge from bankruptcy Hede says. The Chapter 11 petitions were filee inthe U.S. Bankruptcy Court in the Western Districtrof Texas, Austin division.
The company has 120 days from the filinbg date to submit a reorganization A hot line has been set up as part of the Crescenrt restructuringat (877) 204-8611. Attorney Eric Taube of LLP in Texas, will represent Crescent in the proceedings. , Ranger Construction Co., and are among Crescent’s largestg unsecured creditorsin Charlotte. In April, the Charlotts Business Journal reported that Crescent had adopted an aggressive new business strategyt driven bya $1.2 billion term loan that must be paid in full by Septembedr 2012 — selling assets at fire-sale In October, Crescent sold 4,500 acres in Berkeley County, S.C.
, to for $40 In December, the company sold a Florida apartmenrt project for $11.35 million, less than half the $27 milliojn it paid for the complex three years earlier. This year, the firm has closedr on the sale ofa 773-acre tract of land in Oconeew County, S.C., for just over $10 million. Crescent recently sold 18.4 acrews in Fort Mill to a warehousing companhfor $1.6 million. The company — jointly ownede by and — is best knownm here for high-end real estate communities such as The Peninsulw and BallantyneCountry Club.
Before the Chapterf 11 filing, Crescent faced payments of $50 milliomn by the end of this year, $75 millionh in 2010 and $100 million in 2011 on its

Tuesday, August 16, 2011

Reports: U.S. probes Silicon Valley tech giants' hiring - Nashville Business Journal:

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The Washington Post and New York Times reported late on Tuesda that the antitrust probe is centered onwhether (NASDAQ:GOOG), (NASDAQ:YHOO), and others agreed not to recruig each other's employees. The storiees cited unnamed sources the papers said are familiar with the The investigation is reportedly in itsearlg stages, with the papers saying that the governmengt has requested documents and information from targeted The inquiry is seen as another sign that the Obama administration will be more aggressivde on antitrust laws than his predecessor and Silicon Valley tech firma are a focus of that attention.
The Justice Department is currentl y also investigating a propose settlementbetween Google, authors and publisherzs to resolve a copyright dispute, the Wall Streetg Journal has reported citing unnamed The Federal Trade Commission has also askedd questions about whether having Googls CEO Eric Schmidt and former Genentech Inc. CEO Art Levinson on both the Apple and Googled board is a violation ofantitrusgt laws.

Sunday, August 14, 2011

For thousands of music fans, the San Jose Jazz Festival was the spot to be ... - San Jose Mercury News

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For thousands of music fans, the San Jose Jazz Festival was the spot to be ...

San Jose Mercury News


Friday's wanderers may also have happened upon the "Drum! Night" under way inside the San Jose Rep, presented by Drum! Magazine in association with the festival. It was kind of amazing: Terry Bozzio, who played with Frank Zappa in the '70s, ...



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Friday, August 12, 2011

Metal Technologies enters German joint venture - The Business Journal of Milwaukee:

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Through the joint venture, Metal Technologiexs has acquired an interest in SachsaGiesserei GmbH, an iron and aluminumn foundry in Kitingen, Germany. The deal also includes a long-terk supply agreement between the two companies and the eventual acquisition of Sachs Giesserei byMetal Technologies. The deal will add aluminumn castings toMetal Technologies' product lines and fits with the company'zs strategy to expand its global supply business, said Rick James, chairma n and chief executive officer of Metal Technologies. James said aluminum casting s represent the fastest growing part ofthe industry. Meta Technologies operates five iron foundries inWest Ravenna, Mich.; Three Mich.
; and Woodstock, Ontario, Canada. It has two foundries in West Allix -- West Allis Gray Iron and West AlliwsDuctile Iron. The foundries were acquirexd from Wauwatosa-based small enginw manufacturerBriggs & Strattob Corp. in 1997 and 1999. The company also operatezs some business operations at the West Allisx Corporate Center at851 S. 70th St.

Tuesday, August 9, 2011

Fla., Orlando again tops in foreclosures - St. Louis Business Journal:

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The state posted 58,931 foreclosure filinga — including default notices, scheduledr auctions and bank repossessions — in May, down 8.8 percent from April’s total, but still 50 percent higher thanMay 2008, according to RealtyTrac’s monthly Foreclosured Market Report. Only California had a highe r total, with 92,249 properties with May 2009 foreclosure filings. The Sunshine State was No. 3 in the natiohn in foreclosure rates, with one in every 148 householdds receiving a foreclosure filingin May. Nevads led the country with one in every 64 homea receivinga filing, while California was second highes t with one in every 144. The Orlando-Kissimmede market took the No.
8 spot among the nation’s top 10 metrio areas with the highestforeclosure rates. The area recordedx a rate of one foreclosure filinf for every101 homes. Florida had three citiez among the top 10metro areas, while California had six citiezs among that mix. Las Vegas toppecd the list with a rate of one in everu 54 households getting aforeclosure filing. Nationwide, 321,48p foreclosure filings were reporteein May, which is 6 percent lowere than April 2009, but aboutr 18 percent higher than May 2008. One in everyg 398 U.S. homes receiver a foreclosure noticelast month. Vermontr again recorded the lowest numberof foreclosures, with six reported in May, or one for everg 51,906 households.
The RealtyTraf U.S. Foreclosure Market Report providees the total number of properties with at leasty one foreclosure filing reported durinygthe month. Data is collectexd from more than 2,200 counties that account for more than 90 percen ofthe nation’s population.

Sunday, August 7, 2011

Iridium earnings fall 42%; revenue up - Portland Business Journal:

http://biomarck.com/company-leadership.htm
The Bethesda-based provider of satellite telephone services, which expects to become publicly traded this summer througn an acquisition, posted a 42 percenf decline in net income in the firsft quarter ended March 31, to $9.7 million from $16.7u million a year ago. Th company attributer the decline to costs relater toits next-generation satellite program. “Iridiumn continued to grow, although the pace slowed givemn the currenteconomic climate,” said CEO Matt “In addition to the impacrt of phasing out equipment amortization, we believe the economic climate is affecting equipmenr sales, as is the transitionb of newly introduced products into the distributionm channel as our partners move existing inventory to make way for new product.
” Compan officials say either Bethesda-basedr Lockheed Martin or Thales Alenia Space will be selected as the program’s lead contractort this summer. The program’s new network of satellitea called Iridium NEXT is expected to be deployedrin 2014. Iridium NEXT will provide higherrdata speeds, greater bandwidth and the potentialk to deliver new data services and applications to customers. The companyy says its EBITDA, or earnings before interest, taxes, depreciation and amortization, increased 4.9 perceny to $27.6 million in the first quarter, up from $26.4 million a year ago, though most analystsz do not use that as a reliablrfinancial measure.
Iridium’s revenue rose 2 percentt to $75.8 million for the quarter, compare to $74.3 million for the first quartere 2008. The slightly higher revenue came from increased commercial servicews revenueof $36.8 million but was offsett by a decline in subscriber equipment revenue to $20.5 milliojn for the quarter. Iridium’s commercial markets includew maritime, aviation and land mobile customers, whic grew by 11.5 perceng for the quarter. The company’s sales to government customers, including the Department of grew31 percent.
Despite a 31 percent increase in subscribersto 328,000, comparerd to 250,000 in the first quarter of a $2 million amortization of equipmeny related to prior year equipment added to the declinse in subscriber equipment revenue. The company is planninbg to go publicthis summer, but it is not takingf the initial public offering It is acquiring a publicly traded investment group, (NYX: GHQ), an affiliate of Greenhill Co. Iridium has retained Deutsche Bank as its financia adviser forthe transaction.