Sunday, February 27, 2011

Cascade AIDS Project to move - Denver Business Journal:

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New offices at downtown Portland’s Lincolb Building, 208 S.W. Fifth Ave., will be on the eightbh floor, and will be open beginning Tuesday. The nonprofit’s Men’s Wellness Center, which serves gay and bisexual men, will move from its Stari Street location into the ground floor of the buildinbgthis fall, following construction. Rent, on a per-square-foot will be roughly the same at the new site as the Cascads AIDS Project has been Building owner Unico Properties LLC offeredf significant incentives to make the movepencil out, said Michael executive director of the nonprofit.
Unico will granrt the group four months of free rent in the comingfiscaol year, which begins July 1, resultinf in cash savings of between $20,00 0 and $40,000, Kaplan said. The landlord also provided Cascade AIDS Project witha $75,000o cash moving allowance and built out 15,000 square feet of officew space at Unico’s expense.

Friday, February 25, 2011

Kendall

cheers-mushkenjutyu.blogspot.com
million foreclosure lawsuit against the developer of theRivendelol single-family home project in West Kendall. The Miami-base bank filed the foreclosure action on June 9againsgt Miami-based Crestview II, Marsol One LLC and managing member Marciall Solis, according to records. The complaint targets 28 unsold homes and home sitewin Rivendell, which is along Miller Drive (Southwesf 56th Street) between Southwest 167th Avenue and the Miccosukee Golf and Countrty Club. After starting construction in 2004, Crestviewq II sold 103 homee in Rivendell from 2005 through the most recen salein January. Fort Lauderdale-based attorney Charleas Lichtman, who represents TotalBank in its demandfor $12.
2 millionj on the outstanding mortgage, did not immediately return a call seekintg comment. TotalBank reported having $86.4 milliomn in late or unpaid loans, or nearly 6.5 percent of its totaol loans, as of March 31. In March, filed a foreclosur e action against Crestview II and Solis overa $2.1 million

Tuesday, February 22, 2011

Crescent Resources files Chapter 11 - New Mexico Business Weekly:

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The Charlotte-based development firm’s chief Arthur Fields, has retired and will work with Crescentr in anadvisory capacity, the company Andrew Hede, Crescent’s chief restructuring has been named CEO. “We have been in activr discussions with our lenders and other stakeholderse as we work towards an agreement that will bring our capital structure in line with the currenyteconomic environment,” Hede says. Crescent has more than 5,0000 creditors, according to its filing. Its asset are estimated at morethan $1 billion. The locao projects listed in the Chapted 11 filing include Piedmont Row and The Sanctuaruy atLake Wylie.
Crescent says it intends to operate its continuinb businesses without any significant interruption duringb therestructuring process. The company says that’s possiblse because of a recentlyobtained debtor-in-possessiojn financing facility of $110 million from a grou of its existing lenders. As part of the Chaptert 11 filing, Crescent says it seeks court approva “to make certain payments and to maintain key agreementswith employees, customers, vendors and partners of continuing operations to ensurwe the company can maintai its commitment to delivering a high level of amenities and Crescent says the filing is necessary to reorganizs its finances, reduce its debt levek and improve its capitak structure.
“We intend to reach an agreement on our new capital structure and emerge frombankruptcy quickly,” Hede says. The Chapter 11 petitionss were filed inthe U.S. Bankruptcg Court in the Western Districtof Texas, Austin division. The company has 120 days from the filin g date to submit a reorganization A hot line has been set up as part of the Crescentg restructuringat (877) 204-8611. Attorney Eric Taube of LLP in Texas, will represent Crescent in the (NYSE:BAC), , Ranger Construction Co., and are among Crescent’z largest unsecured creditors in Charlotte.
In April, the Charlotte Busineses Journal reported that Crescent had adopted an aggressive new business strategty driven bya $1.2 billion term loan that must be paid in full by Septembefr 2012 — selling assets at fire-sals prices. In October, Crescent sold 4,500 acres in Berkeleyh County, S.C., to for $40 million. In December, the company sold a Florida apartment projectfor $11.35 million, less than half the $27 millionh it paid for the complex three years This year, the firm has closeds on the sale of a 773-acre tract of land in Oconee County, S.C., for just over $10 Locally, Crescent recently sold 18.4 acres in Fort Mill to a warehousint company for $1.6 million.
The company — jointly owned by and is best known herefor high-ende real estate communities such as The Peninsula and Ballantyne Countryh Club. Before the Chapter 11 filing, Crescent faced payments of $50 millio n by the end of this $75 million in 2010 and $100 million in 2011 on its

Sunday, February 20, 2011

Catch the Wind secures $18.8M - The Business Journal of Milwaukee:

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million in a private placement financing to help push more salesa of its new wind sensorfor Manassas-based Catch the Wind, which tradesw on the Toronto Venture Exchange, sold roughlyt 16.7 million shares at a priced of Canadian $1.30 apiece in what it hopes to be its last majort equity financing before generating enough revenue from its lase wind-sensing product, Vindicator, to pay for Company officials also participated in the investmentr round, along with institutional investors, bringing its totalk equity fundraising to date to nearly $35 million. , Research Capital Corp.
and Canaccord Capital served as placement agents for this latest fundraising in returnh for 6 percent of the gross proceedx and additionalstock options. Spun off last year from LLC, a fibef optics laser company that still shares the same headquarters Catch the Wind has been developinfg similar technology that senses when windis imminent, helping reorient a turbine to capture that wind before it Most wind turbines can realignh its blades only after it feelsz wind, so they’re often too late to actually benefitg from gusts, company officials “Before, it was the horse-and-buggy approac h to measuring wind,” said Phil Rogers, who founded Optical Air Data Systemxs nearly 20 years ago with his wife before leavingf recently to serve as CEO for Catch the “Think about increasing the gas mileage of your he said.
“You’ve already boughtg your car. But if I can sell you something that doublea the gas mileage ofyour car, you wouled save more money.” He estimates the Vindicator can capturs 10 percent to 30 percent more wind for turbines, whichy in turn helps generate more cleabn electricity and ultimately revenue for theit operators. Catch the Wind recently sold its first unitto , a Canadiamn environmental monitoring equipment maker, while starting its firsr two-month field test with the Nebraska Public Powed District on its largest wind farm with 36 wind The local company, whicnh said it’s also talking to federal hopes to use that trial’s results late this summer to market to othefr wind turbine manufacturers and wind farm With six full-time employees, Catch the Wind expectds to at least double that count by the end of this year.
The company, whicu had $5.5 million in cash and equivalents on hand as ofMarcj 31, is also considering whether to list itself on an Americahn exchange later this “We aspire to that,” Rogers “I just can’t say

Thursday, February 17, 2011

Report: Shopping center construction wanes - Kansas City Business Journal:

http://gossipyouth.net/categories/main?page=55
The drop reflects “the economic climate and cautioux approach of developersand retailers,” according to the which studied shopping centers of at least 50,000 squaree feet. Those shopping centers had a 7.7 percenty vacancy rate, or almost 3.2 million squars feet vacant, in 2008. This comparexs with an 8.3 percent vacancy rate, or almostg 5.2 million square feet vacant, in 2007, accordin to last year’s report. Totak square footage was 41.4 million in down 43 percent from 72.3 million in 2007. The averagde leasing rate at area shopping centerswas $12.699 a square foot in 2008, the report said, down from $13.922 last year.
Wyandotte County had the highest vacanchy ratein 2008, 17.3 percent, of all metropolitajn markets. The area comprising Lee’s Raymore and Belton had the lowest rate, at 4.8 South Kansas City had the lowesft averagelease rate, at $8.41 a square and Northeast Kansas City had the highesyt average rate, at $17.49 a squar e foot.

Tuesday, February 15, 2011

Alaska Airlines picks up AMR's 'nerd bird' route - Dallas Business Journal:

http://aisef.org/spices/cardamom1.htm
A week after Fort Worth-basedc (NYSE: AMR) said it would ceasew the San Jose-Austin daily service that bore that said Monday it will inaugurate dail service between the technology hubsstarting Sept. 2. The flights earned the nickname because they are usuallgy filled with tech TheSan Jose-Austin route is a naturao extension of our network, providing a vital link betweej two high-tech hubs,” said Andrew Harrison, Alaska vice president of planning and revenud management. “We are excited to offefr this new market to our The new flight will leave San Joseat 8:55 a.m. Pacififc time and arrive at Austin-Bergstrom International Airportat 2:15 p.m. Centrapl time.
The return flight will depart Austin at3 p.m. Central time and arrive in San Joseat 4:40 p.m. Pacifi c time. Alaska Airlines will operatd the flights withBoeing 737-800s, accommodatingg 16 passengers in first class and 141 in the main Alaska Airlines and Horizon Air, subsidiariesd of Alaska Air Group (NYSE: ALK), togethe serve more than 90 cities througb an expansive network in Alaska, the Lower 48, Canada and Mexico.

Saturday, February 12, 2011

up 0.0090 (31.03%) in morning trading. - FavStocks

grihanovveimavox.blogspot.com


up 0.0090 (31.03%) in morning trading.

FavStocks


Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, ...



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Wednesday, February 9, 2011

Time Warner board approves AOL spinoff - Dallas Business Journal:

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Following the proposed transaction, AOL would be an independent publiclyutraded company. In a statement Time Warner TWX) said that “after the proposeds separationis complete, AOL will competed as a stand-alone company — focused on growingv its Web brands and services, which currentlgy reach more than 107 million domestic unique visitorws a month, as well as its advertisinh business, which operates the leading onlinde display network that reaches more than 91 percent of the domestid online audience. AOL will also continue to operate one of the largest Internet access subscription services inthe U.S.
” Time Warner disclosed planzs to spin off the AOL unit in announcing quarterlt results that beat analyst despite a continued declinr at the AOL division. AOL's headquarters had been at Dulles but was movef to New York Citylast year. AOL’sx revenue fell 23 percent last quarterto $867 led by a 27 percent drop in subscription revenu e and a 20 percent drop in advertisinyg revenue. AOL’s results contributed to an 8 percenrt decline in companywide revenueto $6.9 Time Warner’s first quarter net incoms was $661 million, or 55 cents per down from $771 million, or 64 centa per share a year earlier.

Monday, February 7, 2011

Poynter Launches a New Writing Webinar Series - PR Newswire (press release)

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Poynter Launches a New Writing Webinar Series

PR Newswire (press release)


Beginning in February and running through December, the Poynter Writing Webinar Series will deliver training on 10 of the most requested writing topics. ...



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Friday, February 4, 2011

Magnitude 6.4 Earthquake in Myanmar/Burma - YubaNet

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MSN Philippines News


Magnitude 6.4 Earthquake in Myanmar/Burma

YubaNet


February 4, 2011 - On 2/4/2011 1:53:47 PM UTC an earthquake of magnitude 6.4 and depth 88.8km has struck an highly populated area in the Sagaing Province ...


Strong quake hits India-Myanmar border

AFP


6.4-magnitude quake rocks India-Myanmar border

Straits Times


Quake of 6.4 magnitude rocks eastern India

Reuters


Times of India -Sify -UPI.com


 »

Wednesday, February 2, 2011

A rising star - Trubion Pharmaceuticals Inc. • 12,325 percent growth - Puget Sound Business Journal (Seattle):

http://nsdapmuseum.com/museum/cd.html
Trubion uses a proprietary drug design process to creats a novel class of compounds callede Small Modular ImmunoPharmaceuticals The compounds utilize keystructurexs -- or modules -- in naturally occurring Trubion optimizes the proteins to work togetherd in a single molecule that can be customizes to fight many diseases. Trubion's lead drug, TRU-015, targets rheumatoids arthritis and isbeingh co-developed with Wyeth. A secon drug, TRU-016, targets non-Hodgkin's lymphomas and chronic lymphocytic leukemia. Trubion was founded in 2002. Trubion went publi in 2006, raising $52 million. Foundex in 2002, the companh is led by CEO and PresidentPetere Thompson.
Trubion reported revenues of $36.5 million in 2006