antoninahubihe.blogspot.com
The city received the award in the category of Excellence in EconomifcDiversification Strategies, which recognizes responses to planr closures and other economic dislocations, that promote economic diversification. The competitionm is open to nonprofits; local, state and regional and universitiesand colleges. Cabarrus and Rowaj counties lost 4,300 manufacturing jobs when textilesmanufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two yearz later, California billionaire David Murdock announced plans forthe N.C. Researcb Campus at the 350-acre former Pillowtex headquarteres andmanufacturing site. The life-scienceds hub includes the participation ofDuke University, the UNC the N.
C. Community College other educational institutions andbusiness partners. The totap investment is expected toreach $1.8 billion. Residential and commerciapl developments are rising around the campus with hopes ofturninh Kannapolis, a former textiled town, into a biotech center.
Monday, October 31, 2011
Saturday, October 29, 2011
Resolute Games launching new iPhone app - bizjournals:
http://www.onthedemo.com/index.php?option=com_content&task=view&id=86&Itemid=67&op=movieInfo&show_id=MV001969710000
Seven Deaths is a fighting game that follows the lives of eight charactere through one night in Nagamachi through a battler for control inthe city. The game includesx full stories of the characters and detailed The game will also eventually include updatesfor Wi-Fi multiplayef and social media. Resolutde Games has also created otheriPhonr applications, including “ThumStruck,” and “Elvis Mobile.” And Resolute gamers will now have new, fastet devices to play on.
At its Worldwid e Developers Conference inSan Francisco, announced the next generation of which will download content three times fastefr than the current brand and will include a 3-megapixel autofocux camera. It also has voice-control features and a built-ihn compass. The 3GS also has improves battery life with up to nine hoursaon WiFi, 10 hours while watchingh video, 30 hours using audio, 12 hour using 2G talk and five hours using 3G talk. The new iPhon e will be available in black and whitee onJune 19. It will sell for $199 for a 16GB model and $299 for 32GB.
Seven Deaths is a fighting game that follows the lives of eight charactere through one night in Nagamachi through a battler for control inthe city. The game includesx full stories of the characters and detailed The game will also eventually include updatesfor Wi-Fi multiplayef and social media. Resolutde Games has also created otheriPhonr applications, including “ThumStruck,” and “Elvis Mobile.” And Resolute gamers will now have new, fastet devices to play on.
At its Worldwid e Developers Conference inSan Francisco, announced the next generation of which will download content three times fastefr than the current brand and will include a 3-megapixel autofocux camera. It also has voice-control features and a built-ihn compass. The 3GS also has improves battery life with up to nine hoursaon WiFi, 10 hours while watchingh video, 30 hours using audio, 12 hour using 2G talk and five hours using 3G talk. The new iPhon e will be available in black and whitee onJune 19. It will sell for $199 for a 16GB model and $299 for 32GB.
Thursday, October 27, 2011
New owner surfaces in latest Filene
ywyjihu.wordpress.com
Alan Cohen, Filene’s chief restructuring confirmed Monday afternoonthat Secaucus, N.J.-based Syms (NASDAQ:SYMS) and New York-basedf Vornado (NYSE:VNO) agreed to pay about $63 millionn for the chain. A court hearing is set for Wednesdayh to approvethe deal, Cohen said. The auction, whichj began Friday and was continuedto Monday, took placd about a week after an affiliatwe of Men’s Wearhouse (NYSE:MW) agree d to buy the chain for $67 But Crown Acquisitions, the company that was first in line to buy Filene’ss assets, filed an objection to the sale with allegationse that Men’s Wearhouse didn’t folloew bidding procedures.
Crown in court filings describexd the first auction asa “travesty.” A judgd sent the deal back for auction following Crown’s objection. It wasn’t clear Monday if Syms and Vornado wouldf acquire allof Filene’s stores. Both Men’s Wearhous e and Crown had planned to acquire and keep open a butnot all, of Filene’s The company has two Ohio including one in Columbus.
Filene’s Basement soughtr protection from creditors in May in Delaware bankruptcy months after closingseveral Columbus-based (NYSE: RVI), which maintains a majorityt stake in discount shoe retailer (NYSE:DSW), sold the chain this year to FB II Acquisition a new entity owned by liquidation and turnaround firm Buxbaumk Group.
Alan Cohen, Filene’s chief restructuring confirmed Monday afternoonthat Secaucus, N.J.-based Syms (NASDAQ:SYMS) and New York-basedf Vornado (NYSE:VNO) agreed to pay about $63 millionn for the chain. A court hearing is set for Wednesdayh to approvethe deal, Cohen said. The auction, whichj began Friday and was continuedto Monday, took placd about a week after an affiliatwe of Men’s Wearhouse (NYSE:MW) agree d to buy the chain for $67 But Crown Acquisitions, the company that was first in line to buy Filene’ss assets, filed an objection to the sale with allegationse that Men’s Wearhouse didn’t folloew bidding procedures.
Crown in court filings describexd the first auction asa “travesty.” A judgd sent the deal back for auction following Crown’s objection. It wasn’t clear Monday if Syms and Vornado wouldf acquire allof Filene’s stores. Both Men’s Wearhous e and Crown had planned to acquire and keep open a butnot all, of Filene’s The company has two Ohio including one in Columbus.
Filene’s Basement soughtr protection from creditors in May in Delaware bankruptcy months after closingseveral Columbus-based (NYSE: RVI), which maintains a majorityt stake in discount shoe retailer (NYSE:DSW), sold the chain this year to FB II Acquisition a new entity owned by liquidation and turnaround firm Buxbaumk Group.
Tuesday, October 25, 2011
Blockade tactic fails; circa-1912 lodge in Hobson razed - The Virginian-Pilot
epukaq.wordpress.com
The Virginian-Pilot | Blockade tactic fails; circa-1912 lodge in Hobson razed The Virginian-Pilot By Jeff Sheler In a last-ditch effort to save a historic building from the bulldozer Monday morning, two community activists placed themselves inside a circa-1912 former Masonic Lodge in the rural village of Hobson and pleaded with police to send a ... Masonic Lodge demolished |
Saturday, October 22, 2011
US policymakers can learn from Jobs - China Daily
fugowirik.wordpress.com
US policymakers can learn from Jobs China Daily What is desperately needed is better policymaking. Specific » |
Thursday, October 20, 2011
Maderis stepping down from Five Prime - The Business Journal of Milwaukee:
xoqylyjibo.wordpress.com
The company has hired Julia the former executive vice presidentr and chief financial officerat , as replacement. Maderis’ health conditiohn was not disclosed, but she will continue to serve onFive Prime’zs board of directors and as a Her final day on the job is June 18. “Gail’sa leadership has been pivotal in the progress Five Prime has made in developinv our pipeline and our newdiscover platform,” said company foundee and executive chairman Dr. Lewies “Rusty” Williams in a press release.
Maderix said the company had been looking for a replacement sinc e late last year after doctorssaid "the 24/7 pace of a small-compan y CEO" could worsen her condition. Besides her duties at Five Maderis has been a cheerleader for the MissioBay enclave, serving on the Mayor’ds . Five Prime, a privately held, 7-year-old companyy developing antibody and protein drugs for cancee andother diseases, was the first to locatse in Mission Bay, taking about 30,000o feet in the building on Owenws Street.
Earlier this year, it took an additional 5,000 square feet next door at 1700 Owensz as it makes batches for its Phase I oncology drug The timing of the executive change as Five Prime moves forwarsd with its lead cancer programmakees Gregory’s appointment a crucial one. At Gregory was responsible forfinancing strategies, mergers and acquisitions, businessx operations and all financial management and accounting. She raisedr about $1 billion in public and private product development financing andother transactions. Gregory, who will join Five Prime’ s board, was an investmenty banker for more than20 years. At and Read & Co. Inc.
she was head of healthcaree andinvestment banking, leading several private and publix equity deals as well as mergerx and acquisitions. Gregory also is a membere of the board of The andthe ’x .
The company has hired Julia the former executive vice presidentr and chief financial officerat , as replacement. Maderis’ health conditiohn was not disclosed, but she will continue to serve onFive Prime’zs board of directors and as a Her final day on the job is June 18. “Gail’sa leadership has been pivotal in the progress Five Prime has made in developinv our pipeline and our newdiscover platform,” said company foundee and executive chairman Dr. Lewies “Rusty” Williams in a press release.
Maderix said the company had been looking for a replacement sinc e late last year after doctorssaid "the 24/7 pace of a small-compan y CEO" could worsen her condition. Besides her duties at Five Maderis has been a cheerleader for the MissioBay enclave, serving on the Mayor’ds . Five Prime, a privately held, 7-year-old companyy developing antibody and protein drugs for cancee andother diseases, was the first to locatse in Mission Bay, taking about 30,000o feet in the building on Owenws Street.
Earlier this year, it took an additional 5,000 square feet next door at 1700 Owensz as it makes batches for its Phase I oncology drug The timing of the executive change as Five Prime moves forwarsd with its lead cancer programmakees Gregory’s appointment a crucial one. At Gregory was responsible forfinancing strategies, mergers and acquisitions, businessx operations and all financial management and accounting. She raisedr about $1 billion in public and private product development financing andother transactions. Gregory, who will join Five Prime’ s board, was an investmenty banker for more than20 years. At and Read & Co. Inc.
she was head of healthcaree andinvestment banking, leading several private and publix equity deals as well as mergerx and acquisitions. Gregory also is a membere of the board of The andthe ’x .
Tuesday, October 18, 2011
YRC offers update on turnaround efforts - Pacific Business News (Honolulu):
showarticle-cultura.blogspot.com
The Overland Park-based trucking company (Nasdaq: late Wednesday offered an update about its work to position itselcf to ride out theeconomic downturn. The release followes a trading day in whic h YRC stock prices plunged 28 percent toa 52-weemk low of 89 cents, compared with a previous low of Also Wednesday, an analyst said for YRC in the near to But YRC shares turne sharply upward in Thursday trading and closedr at $1.49, up 60 cents, or 67 on volume of 35.9 million according to . The stock’s averagew daily volume the past three monthsis 3.8 millio n shares.
Several months ago, YRC said, it retained financiak advisers thatinclude , and to help form a “comprehensivw strategic plan to addresx its capital structure and liquidituy needs.” As part of that, Rothschild has started preliminaryu talks with several parties that hold significangt portions of YRC’s debt securities. , YRC reachesd a tentative concessions agreement withthe , though details won’t be released until next week. The talkxs reportedly center around YRC ending its participatioh in union pension plans for14 months, which woul d yield about $500 million in savings.
YRC also detailef other progress it has made in recent including integrating its Yelloe and Roadway networks into YRC to cut a bank agreement amendment that let YRCuse $73 milliom in escrow funds from asset sales to pay down its revolvingt credit facility and progress on agreements to defer pensionb fund payments using company real estate as YRC reached an $83 million in second-quarter pensiom contribution payments with the largest pension fund in June; sinces then, seven other funds have entered the same agreement, bringing deferral of another $11 million in payments. YRC, which contributes to 36 multiemployeerpension plans, still is in talksw with the remaining funds.
“We can’gt control the economic environment, but we certainly can and are controlliny our responseto it,” YRC Chairman and CEO Bill Zollara said in the release. “Our self-help recoveryg plan is proactive and has the supporft ofour stakeholders. We are taking the steps needed to manage ourplan today, and position our company for success as the economy recovers.” YRC, whicjh employs about 49,000 people, plans to announcwe a date for its second-quarter earnings releasd within the next week. YRC ranks No. 2 on the Kansaa City Business Journal ’s list of area public companies.
The Overland Park-based trucking company (Nasdaq: late Wednesday offered an update about its work to position itselcf to ride out theeconomic downturn. The release followes a trading day in whic h YRC stock prices plunged 28 percent toa 52-weemk low of 89 cents, compared with a previous low of Also Wednesday, an analyst said for YRC in the near to But YRC shares turne sharply upward in Thursday trading and closedr at $1.49, up 60 cents, or 67 on volume of 35.9 million according to . The stock’s averagew daily volume the past three monthsis 3.8 millio n shares.
Several months ago, YRC said, it retained financiak advisers thatinclude , and to help form a “comprehensivw strategic plan to addresx its capital structure and liquidituy needs.” As part of that, Rothschild has started preliminaryu talks with several parties that hold significangt portions of YRC’s debt securities. , YRC reachesd a tentative concessions agreement withthe , though details won’t be released until next week. The talkxs reportedly center around YRC ending its participatioh in union pension plans for14 months, which woul d yield about $500 million in savings.
YRC also detailef other progress it has made in recent including integrating its Yelloe and Roadway networks into YRC to cut a bank agreement amendment that let YRCuse $73 milliom in escrow funds from asset sales to pay down its revolvingt credit facility and progress on agreements to defer pensionb fund payments using company real estate as YRC reached an $83 million in second-quarter pensiom contribution payments with the largest pension fund in June; sinces then, seven other funds have entered the same agreement, bringing deferral of another $11 million in payments. YRC, which contributes to 36 multiemployeerpension plans, still is in talksw with the remaining funds.
“We can’gt control the economic environment, but we certainly can and are controlliny our responseto it,” YRC Chairman and CEO Bill Zollara said in the release. “Our self-help recoveryg plan is proactive and has the supporft ofour stakeholders. We are taking the steps needed to manage ourplan today, and position our company for success as the economy recovers.” YRC, whicjh employs about 49,000 people, plans to announcwe a date for its second-quarter earnings releasd within the next week. YRC ranks No. 2 on the Kansaa City Business Journal ’s list of area public companies.
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