Friday, August 31, 2012

Massaro Co. pays $10.6 million for office complex on hot airport corridor - Pittsburgh Business Times:

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Mr. Massaro said he recently bought the alonfg the Parkway Westfor $10.6 one of the largest transactions of the year so far and an earlyu indication of the growingv local demand for suburbam real estate properties. Campbells Run Businesd Center, a 131,000 square foot, five-building office complex off CampbellsRun Road, sits on the northh side of the highway. It is Mr. Massaro'w second such purchase in three years. In he bought the 91,000-square-foot Park West Office Cente II building at RIDC Park West in NorthFayette Township. Massaro Co. leased 85,000 square feet there in six bringing the building to a 97 percentgoccupancy rate. Mr.
Massaro now owns 400,000 square feet alongb the airport corridor. His most recent purchaser "shows the strength of the whole Parkway West saidLou Oliva, the Grubb & Ellis Co. vice presideny who representedthe seller, CRBC Associates L.P. The airport corridof is the tightest market in thePittsburgjh area, with only 6.15 percent of 5.4 million squard feet of office space available for according to Grubb & Ellis. The next busiesgt is the North Hills, where 13.7 percent of space sits unused. Investors are takingg notice. Several other Parkway West offics buildings hit the sales blockj inrecent months.
One is Cherrington Corporate Centerr inMoon Township, where Properthy Ventures Ltd. is considering the sale of 336,000 square feet. Another is 3000 Park Lane in NortuFayette Township. In January, Spieker Northwest Inc. boughyt this 107,000-square-foot property for $13.9 milliom as part of a larger portfolii sold by TheHillmabn Co.'s WCB Properties. Now, Spieker is looking to the building in a profitable sale. It hired Eastdil Realty Co. of New York to accep t bids and selecta buyer. Bids were due last Several local groups, including one led by Mr. bid on the property. Mr.
Oliva, who brokereds the sale of Campbells RunBusiness Center, assembled an investment group willing to pay $15 Eastdil, which could not be reached for rejected the offer as too low. Mr. Oliva said the biddinfg now is down tosix groups. The top two or three are real estatedinvestment trusts, he said. As a result of the renewex interest and lack of space on theairporrt corridor, he said, "People are starting to ask much higher pricesx than six to 12 months The next property in play may be the 45,000-square-foot American States Insurance Building near the intersectionm of the Parkway West and Interstated 79 in Rosslyn Farms.
Grant Streert Associates, based Downtown, listed the propertuy for $5.3 million. That' $117 a squares foot, about $36 a square foot higher than the price paidby Mr. Massarok for the nearly full Campbells RunBusiness "I don't think they will get the Mr. Oliva said. "The income on that building will not justifythe price." Mr. for his part, plans to look for more acquisitionws alongthe Parkway, he said. He can afford to do so, with his O'Hara-baserd construction company recoveringfrom Mr. Massaro'z rough period in the 1980s (Business April 1, 1996).

Thursday, August 30, 2012

Health Buzz: Low-Calorie Diets Don't Help Monkeys Live Longer - U.S. News & World Report

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Ars Technica


Health Buzz: Low-Calorie Diets Don't Help Monkeys Live Longer

U.S. News & World Report


A long-awaited study reveals that monkeys kept on a severe, low-calorie diet don't outlive well-nourished monkeys. The National Institute on Aging study was published yesterday in the online journal Nature, but the experiment began in 1987 to determine ...


Lean, hungry monkeys don't live longer

WND.com


The skinny on longevity diet is that you don't live longer

Columbus Dispatch


Severe calorie restrictions probably don't prolong life

Ars Technica



 »

Tuesday, August 28, 2012

South Florida bank stocks rally - South Florida Business Journal:

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Although many of them have been hammered over the past they are starting to recovedr nicely from theirlow points. None of thesed banks were part of thestress test, whichy evaluated 19 of the nation’s biggestg financial institutions. All of these institutions, save , have releaseds their first quarter earnings over the pasttwo weeks. BBX) enjoyed a gain of 91 or 25 percent, to end the week at That’s a stellar 582 percent increasee fromits 52-week low of 66 centss on March 5.
In other news, Fort Lauderdale-based BankAtlantic promotexd Patrick Southworth to president of commercial real estate on As it faces a regulatory order to sell the bank orraise capital, Coral Gables-based BankUnited BKUNA) saw its stock increase 9 cents, a 16 percentf gain, to close at 63 cents on Friday. The stock is up 350 percent fromits 52-weekj low of 14 cents on Dec. 23. Coral Gables-basef (NASDAQ: GFLB) saw a 17 percent boost to itsstocki price, with a 25-cent gain to closee the day at $1.75. Its stockj has improved by 197 percent sinceits 52-weem low of 59 centzs on Nov. 20. Shares of Boca Raton-based (NASDAQ: SAMB) were up 33 with a 17-cent gain to 68 cents.
It’s up 467 perceng from its 52-week low of 12 cents on Marcnh 3. The stock of the other Boca Raton-based bank, (Pink Sheets: FSDB), shot up 18 percent, with a 75-cent gain to $5. It has gained 221 percent sincewits 52-week low of $1.56 on Marchy 10. Friday was a good day for the , which gaine 1.96 percent, or 165 to close at 8,575.

Monday, August 27, 2012

PMC-Sierra, Inc. Company Profile | PMCS Company Information

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Our current revenues are generated by a portfolio of more than 350 which we have designed and developedor acquired. Our diversre product portfolio services a number of key end the Enterprise Networking market which includeds our products and solutions that enablethe high-speer interconnection of servers, switches and storage devices that comprisee these systems so that large quantities of data can be managed and moved securely; the Wide Area Network Infrastructure marker whereby our products and solutions are used in networkingh equipment such as multi-service switches and edge routerx that gather and process signals in different protocols, and then transmit them to the next destination as quicklyu and efficiently as and the Access Networks market which encompasses both wired and wirelesxs equipment that aggregates data traffic from enterprises and homeds and transmits it to the centra l offices in the metropolitan area of the We invest a substantial amount every year in the researcyh and development of new semiconductodr devices.
We determine the amount to invesy in the development of new semiconductors based on our assessmeng of the future market opportunities forthoses components, and the estimated return on investment. To compete globallg we must invest in businesses and technologies that are both growing in demand and are cost competitivs in the geographic markets thatwe serve. ...

Sunday, August 26, 2012

Hurricane Irene Anniversary: After The Rain, Lessons Learned On The East Coast - Huffington Post

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ABC News


Hurricane Irene Anniversary: After The Rain, Lessons Learned On The East Coast

Huffington Post


But if thereƄ€'s one unifying event to mark the first anniversary of Irene, it'll probably be the 30 seconds of ringing of bells in churches and town h »

Friday, August 24, 2012

Senators: Investigate exclusive deals between carriers, makers of phones - Dallas Business Journal:

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“We ask that you examine this issue carefully and act expeditiouslyu should you find that exclusivity agreements unfairlyy restrict consumer choice or adverselyy affect competition in the commercialowireless marketplace,” the senators said in a Mondag letter to FCC Chairman Michael Copps. The four senator were Commerce Committee membersJohn Kerry, Roger Wicker, R-Miss.; Byron Dorgan, D-N.D.; and Amy D-Minn. The committee plans a hearing this week abouft issues forwireless customers, a release said. Exclusive arrangements for mobile phones arenothing new.
Earlty this month, Overland Park-based (NYSE: S) smartphone, whicg it and maker (Nasdaq: PALM) hope will compete with the popular madeby (Nasdaq: AAPL) and sold exclusivelyt since 2007 by (NYSE: T). Sprint, which has the exclusivew on the Pre until at least the end of the said thePre . Withour exclusivity deals, carriers would be less likely to invest with manufacturers to create innovativ newmobile devices, and they also would be less likelyt to provide as high a subsidy to help consumerz pay for the phones when they sign up for servicee contracts, Sprint spokesman John Taylod said in an interview Tuesday. Handsets, of whicj there may be more than 600 onthe U.S.
market at any can cost hundreds of dollares more withoutcarrier subsidies. “This is a really vibrantly competitive and healthy market that gives consumers a lot of choicees when it comesto handsets,” he The senators asked that the FCC consider whethetr exclusivity agreements are becoming increasingly common between dominant industry whether they restrict consumer choice by particularly for rural consumers; whether they limift consumers from fully using handsegt technologies; whether they manipulate the wireless carrierd market; and how they affect handset innovation.

Thursday, August 23, 2012

Orlando 7-Eleven converts to franchise - San Antonio Business Journal:

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The 3,000-square-foot convenience store at 3911 McCoy Road nearConway Road, which also has a gasoline will now be owned by franchisees Ermal Metollari, a former store manager for five Dallas-based 7-Eleven Inc. announced plans in 2007 to convert 100 existinvg locations in the state tofranchisede operations. Store managers were invited to apply for thosd franchises before the offerwent public. More than 40 7-Elevem stores in the Orlando market arenow franchised, with abouft another 140 owned by the company.
Betweej eight to 10 7-Eleven stores throughout the statd are being converted into franchise operatione each month and planse to have most of the conversions nationwide completedby 2012, according to a news release. The companyg operates, franchises or licenses about 7,800 stores in Northy America and morethan 36,100 stores in 15 The company reported 2008 sales of more than $53.78 billion.

Wednesday, August 22, 2012

Clayton on the Park to close, developer lays off workers - Business First of Columbus:

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Craig Saur, CEO of said his firm has had layoffs in recen weeks due to the down Conrad Properties laid off 10 employees this month and now has nine Saur said. “Everything is on hold as capital is hard to come Saur said ofhis firm’s development pipeline. Sunrise Senior Living, a Va.-based senior living community operator, said Clayton on the Park will suspend operations indefinitelystarting Aug. 17. Sunrise Senior Living and Conrad Properties to transforjmthe 23-story Clayton on the Park hotel and long-term-stah residence high-rise into luxury apartments for seniorw last year. The senior living community also replaced an upscale casual restaurantand nightclub.
"Sunrise carefully made the decisiob to suspend operations indefinitely at Clayton on the Park after reviewinf its current operating performance and the costzs to maintain service atthe community," the companyy said in a statement. "We intend to help every residenrt transition to an alternativehome ... At this time, we are not able to speculate on the future of the buildingfor when, or if, operations will resume at the Sunrise said it plans to continue operating its 400 othe r communities nationwide, including three otherss in the St. Louis. St.
Louis-based Conrad Propertied is a real estate development firm responsible for some of thelargestg upscale, high-rise residential properties in St. Louis in recent including the and Maryland Walk ReporterLisa R. Brown contributer to this story.

Monday, August 20, 2012

Students of Lamshang AC feted - E-Pao.net

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Students of Lamshang AC feted

E-Pao.net


The felicitation function was graced by Education Minister, M Okendro; W Brajabidhu, MLA of Lamshang AC; Kh Debendro, MLA of Sekmai AC; Social activist, Dr Sapam Ranjan; Herojit Ngangom, President of Lamshang Block Congress Committee as the ...



Sunday, August 19, 2012

Senate eyes 25-employee threshold for health mandate - Sacramento Business Journal:

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A "play or employer mandate has been loomingyfor months, but Democrats on the Senatew Health, Education, Labor and Pensions Committee finally defined how small a businessw would need to be in ordef to be exempted from the requirement. Most businesd groups oppose requiring employers to provide healthn care or pay a fee tothe government, even if therw is an exemption for small They contend it would kill jobs and hurt businessex that are struggling to survive in a touggh economy. Plus, they say the mandate would do nothinvg to addresshealth care's underlying problem: It costs too Reduce the price of health they argue, and more businesses would provide it.
Lynn owner of Cold Sprinfg Bakery inCold Spring, Minn., would welcome an employer however. She has about 60 full-timed and part-time employees, and is struggling to continue to provide healtj insurance coverageto them. "It's part of my value systekm -- I want to trear employees fairly," Schurman said. Her business pays about $100,000 a year for healtbh insurance, she said. Competitors that don'rt cover their employees get anunfair advantage, she said. "Thehy should have some responsibility to providew insurance to theiremployees also," she said. Schurman recently traveleed to Washington, D.C.
, to talk to members of Congresw about the need for health care She is a member ofthe , a coalition of smallk business owners that supports giving individuals and smalkl employers the option of gettintg health insurance through a government-run plan. This woulx help reduce costs by providingv competition toprivate insurers, the alliance contends. Alliance member Deanns Anderson, owner of Waterstone Spa in Ashland, agrees on the need for a publif plan, but she has "mixed feelings" abouty an employer mandate.
Her business woul be exempt from the mandate in the Senate HELP Committee but she said even businesses with more than 25 employeeszoften can't afford health insurance or a $750-per-worker assessment. "II really would feel sad to think that some businesses might go unded after years of hard struggling to stay alive inthis economy, because they were mandatecd to do something that they reallyu can't afford to do," Andersonn said. Mandate really about revenue? Aboutf 90 percent of businesses with 25 or more worker s provided health insurancein 2008, according to a stud y conducted by the and the Health Research & Educationall Trust.
The coverage rate dropped to 78 percent for businessed with 10 to24 employees, and 49 perceng for firms with three to nine So most of the businesses that don't currently provided insurance would be exempt from the Senatwe HELP Committee's "play or mandate. The Congressional Budget Office concluded the bill woulc have little impact on the numbef of Americans who receive insurance throughtheir employer. An employer mandatre isn't about expanding coverage, said Neil vice president and employee benefit policy counsel forthe . "I thinko it's about raising revenues," he said.
He fearws many members of Congress want employers to pay for healtgh insurance even if theit workers get it somewhere Massachusetts collected a lot less revenu e than it expected when it imposeeda $295-per-employee tax on businesses that don't provide adequate health insurance, said Jon president of the . (Businesses with 10 or fewee full-time employees were exempt fromthe state'ds "play or pay" requirement.) The responsew by state officials was to propose increasing the coverage requiremente for businesses in order to generate more tax Hurst said.
The biggest problem with the Massachusetta health carereform effort, was that it did nothing to lower the cost of healthu insurance for small employers. "Small employers have seen nothingybut double-digit increases sincr the law went into place," Hursf said. Instead of focusing on affordable Congress is consideringrequirements -- such as lower annua deductibles -- that would make healtj insurance more expensive, said Amandq Austin, director of federal public policy, Senate, at the .

Thursday, August 16, 2012

UW-Whitewater, Milwaukee 7 Water Council to jointly train students - The Business Journal of Milwaukee:

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The program will begin enrollinvg students in the fallsemester and, because many studentsd have already taken relevangt courses, should be graduating its firsgt water management specialists within a year, said Kirstenb Crossgrove, associate professor of biology at UW-Whitewater and coordinatofr of the school’s integrated science-business The program is designed to give studentas a basic background in water law, environmental law, naturap resources and environmental economics as well as aquatic biology, chemistryg and ecology.
Students will serves internships with the Milwaukee 7Water Council, an organization of academia and government in the seven-county area in southeastern Wisconsin that is working to establishg the Milwaukee region as a global center for freshwatet research, economic development and education. “Recogniziny where the world is business students with a unique educationall background in water will have a leg up in the making a program like thisespecially valuable,” said Rich chairman, president and CEO of Brown Deer-based , co-chaif of the Milwaukee 7 Water Council and an alumnuz of UW-Whitewater’s business The council already has a relationshipsx with the graduate program at the ’s .
UWM also is developingt a graduate-level School of Freshwater Sciences, whilwe ’s Law School will begin a water law curriculumnthis fall. “One of our goalas is to help develop seamless talenf pipelines between universities andwater businesses,” said Paul chairman and CEO of Milwaukee-based and co-chair of the Watef Council. “UW-Whitewater’s one-of-a-kind new track adds to the impressivd array of higher education institutions in the regiomn working to ensure our worl water hub status in the yearsato come.

Wednesday, August 15, 2012

Met-Pro Corporation Declares Quarterly Dividend

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June 3 /PRNewswire-FirstCall/ -- Raymonc J. De Hont, Chairman and Chief Executiv e Officerof Met-Pro Corporation (NYSE: MPR), announcex today that the Company's Board of Directors, at their meeting declared a quarterly dividene of $0.06 per share payable on September 11, 2009 to shareholdersa of record at the close of business on August 28, 2009. This dividend represents a 9.1% increase over the same perioddlast year. This is the thirty-fourth consecutivwe year that Met-Pro Corporation has paid either a cash or stock dividend.
Met-Pro Corporation, with headquarters at 160 Cassell Road, Pennsylvania, was recently recognized, for the third consecutive year, as one of America's "200 Best Smalo Companies" by Forbes magazine. In the Company was also namedc one ofthe world's "Top Smal l to Midsize Manufacturers" by Start-Itr magazine for the second year in a row. Through its businesds units, in the United States, Canada, Europe and The People' s Republic of China, a wide range of productsw and services are offeredfor industrial, municipal and residential markets worldwide.
These includwe product recovery and pollution control technologies for purification of air and fluid handling technologiesfor corrosive, abrasive and high temperature Mefiag filtration technologies for harsh, corrosive liquid filtration and filtration and purification technologies which include proprietary water treatmengt chemicals and filter products for air and liquir filtration. For more please visit . The Private Securities Litigation Reformm Act of 1995 providesa "safe harbor" for forward-lookinvg statements.
Certain information includef in thisnews release, and other materials filede or to be filed with the Securities and Exchanged Commission (as well as information included in oral or other written statements made or to be made by the contain statements that are forward-looking. Such statements may relat e to plans for future businessdevelopment activities, capital financing, the effects of regulation and competition, or anticipaterd sales or earnings results.
Such information involvez risks and uncertainties that could significantlyg affect results in thefuture and, accordingly, such results may diffefr from those expressed in any forward-looking statementx made by or on behalf of the These risks and uncertainties but are not limited to, those relatin g to, the cancellation or delay of purchase orders and shipments, product development activities, computer systemxs implementation, dependence on existing management, the continuatioh of effective cost and quality control measures, retentio n of customers, global economic and market conditions, and changes in federaol or state laws.
Met-Pro common shares are traded on the New YorkStocjk Exchange, symbol MPR. To obtain an Annual Reporg or additional information onthe Company, please call 215-723-6751 and ask for the Investorf Relations Department, or visit the Company's website at . Investoe Contact: Gary J. Senior Vice President of Finance, CFO 215-723-67521 Joseph Hassett, VP Gregory FCA Communications 610-228-2110

Monday, August 13, 2012

Pierre R Brondeau Executive Profile

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Dr. Brondeau joined Rohm and Haas Companyg in May 1989 as European marketing manager for the Plastic s Additives business unit locatedin Paris. In he transferred to Valbonne, France to head the Technical Services andDevelopment Laboratories. Dr. Brondeau was promotexd to director of Plastics Additives Researchin 1993, and moved to Shipleuy Company as director, Research, Sales and Marketing in 1995. He held top leadershipp positions atShipley Company, including vice Operations and Technology (1997), and president and chiefv operating officer (1999). In Apriol 1999, Dr.
Brondeau was named vice president and businesx group director of the ElectronixMaterials Division, and president and CEO of Shipley This group was later renamed Rohm and Haas Electronic He added responsibilities as the European Regional directorf in 2003. In Octoberf 2006, Dr. Brondeau was named executive vice president and busineszs group executive for the newly created SpecialtytMaterials business. In May 2008, Dr. Brondeau was elected president and chietf operating officer of Rohm and Haas Company and a membefr ofthe Chairman's Committee. Earlier in his Dr. Brondeau worked at Air Liquide in He earneda B.S. degree in Biochemicalp Engineering at INSAFrance (1980), a M.S.
degree in Biochemical Engineering at the Universityof Montpellier, France and a Ph.D. in Biochemical Engineering at INSAFrancde (1983). Dr. Brondeau serves as a membedr of the board of directors ofTyco Rev. 04/14/2009 **All Executive profile data provided byDow Jones & Co., Inc.

Sunday, August 12, 2012

Zicam maker pulls products, but affirms safety - Silicon Valley / San Jose Business Journal:

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The FDA said it received more than 130 complaintsz from consumers saying they have lost their sensse of smell after usingthe products. Jennifer a former school teacher who livedsin Huntsville, Ala., said she lost her sensre of smell after using Zicam to prevent the duratiomn of a cold a few years ago, but had nevere complained to the FDA or the compan because she figured there was no way to provwe Zicam caused her anosmia. She said she doesn’t want to sue Scottsdale-basedd Matrixx (Nasdaq:MTXX) even after learningv others have had thesame experiences. “I don’f think Zicam was created to hurt she said.
“We sit here and we rip and we rave abourt all these drugs not being allowed on the The first time anything goes everybody wants togo sue, sue, sue. That drivesa me nuts. I honestlyg believe the people were trying to do something to help peopl notget sick.” William Hemelt, acting president and chiefg operating officer of Matrixx, said the FDA action was takenm without reviewing research he would have been more than willint to provide. “We think the sciencr does not support this allegation at he said. “Quite honestly, we woulxd not be selling the product if we thoughtg itwas unsafe.
” Zicam products use a homeopathic remedy calleed Zincum Gluconicum 2x, which means they require FDA Dr. Sam Benjamin, a medical doctor with a homeopathic saidhe can’t figure out why the FDA has takemn so long to deal with the issue. “Ij can think of no part of alternative medicinde that summons up more worry to conventional physicians than said Benjamin, who has a medicall talk show on KTAR 92.3 FM on Saturdays at 2 p.m. and 1,000o followers on Twitter. “There are so many drug around thatcause problems, why would one event want to expose peoplse to any danger.” Bretg Berty, a senior recall strategist at Stericycle Inc. in Lake Ill.
, is coming to Phoenix this week to meet with Matrix officials to see if he can help the company withdamagw control. Usually, he said, companies will voluntarily recalll a product before the FDAgets involved. That’ws not how it happened with The FDA stepped in and warned Matrixz that it had receivex more than 130 consumer complaints and that the company neededr to stop marketing the product until it can put a warning label on its packaginh that it couldcause anosmia. Over the past 10 Berty has worked with manufacturers to conductaboug 1,300 recalls, including Vioxx. “Typically, the manufacturer will work with me prior to approachinv theregulatory agency,” he said.
“The most important thingv for Matrixx is you can turn a seemingly awful situatiomn into an opportunityif you’re judgefd by the public as being part of the solution. How swiftl y do they execute that will demonstratse their concern forthe public’s safety.” When the FDA sent the warning letter to Matrixx and advised consumerss not to use certain Zicam cold remedies, on June 16, Matrixx’ss stock plummeted 70 percent to $5.789 a share. It bounced up a bit to $6.1e a day later, but nowhere near its 52-week high of near its trading point before the FDA sent thewarninv letter. For the fiscap year ended March 31, Matrixxd reported $13.
8 million in net income on $112 milliob in net sales, up from $10.4 milliomn in net income on $101 million in net sales a year ago. Hemelt said he will be meetint with FDA regulators to discussthe issue. He also scheduled a conferenced callwith investors.

Saturday, August 11, 2012

Common Law's Season 1 Finale Goes Out with a Bang - TV.com (blog)

ejoxot.wordpress.com


NOLA.com


Common Law's Season 1 Finale Goes Out with a Bang

TV.com (blog)


Common Law is not one of those shows. In the event that Common Law finds itself renewed for a second season, it would benefit everyone involved to remember that. Common Law: "Gun!" So how DID Wes and Travis end up under Dr. Emma's authority?


'Common Law' 'Gu n!' Recap: The Beginning of a Beautiful Friendship

Gather.com


Review: Common Law's season finale under the 'Gun!'

Examiner.com


Common Law Season Finale Review: Thank You

TV Fanatic


NOLA.com -TV Series Finale -TV Equals


 »

Thursday, August 9, 2012

Oil gains, supported by shorter supply, US data - CNBC.com

a-aveywe.blogspot.com


euronews


Oil gains, supported by shorter supply, US data

CNBC.com


Published: Thursday, 9 Aug 2012 | 9:13 AM ET. Text Size. LONDON (Reuters) - Oil gained on Thursday, supported by better than forecast U.S. employment and trade data, and on worries about supply disruptions in the Gulf of Mexico and lower Brent output.


Oil steady, supported by shorte r supply

Pakistan Daily Times


UPDATE 7-Oil gains, supported by shorter supply, US data

Yahoo!Xtra New Zealand News


Oil up on US data, North Sea outlook, stimulus hopes

Reuters



 »

Wednesday, August 8, 2012

Omnicare to cut employee pay - Business Courier of Cincinnati:

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Regional vice presidents and area managers will take a 5percenr hit, according to an employee memo obtained by the Businessd Courier. The decreases, effective July 19, will be 2 percentt for pharmacists and operations managers and 4 percen t for otherpharmacy employees. Other staff reductions and salary reductione of 5 percent are being implementeed at corporate and otherbusiness units, accordiny to the memo. No reason was A company spokeswoman was not immediately availablefor comment. Omnicarse (NYSE: OCR), headquartered in Covington, provides pharmacy and relatedc services forthe long-term care industry. Omnicare CEO Joel Gemunder’sz own total pay doubled to $13.
7 millionh last year, thanks in part to a $5.1 million cash bonusx for “restoring growth and improving following “two years of volatility” caused by Medicare rule Gemunder had the largest of five cash awards giveh to company executives in late March, according to Omnicare’e proxy statement to shareholders, filed with the U.S. Securitiesd and Exchange Commission. Four executives split another $3.2 million in cash including $1.2 million to Patricl Keefe, executive vice president and chiefoperatinvg officer. The bonus brought Gemunder’ws cash-based pay to $7.7 million.
At the company’s annual shareholdedr meeting in May, Gemunder said the company has a big advantagee even in adown economy. “We operat e in an industry strongly supported by demographic trendsa well intothe future,” he said, addinb that the company’s institutional pharmacty business is “for the most part not subject to substantiakl variation in consumer demand.” In a year in whicj the stock market lost about 40 percentg of its value, Omnicare shares finished up 22 at $27.31. It had strong earnings, too, reporting 2008 net incomr of $156.1 million, or $1.312 per share. Revenues grew to $6.3 billionn from $6.2 billion.
Gemunder said efforts to keep costs down, retain customers and capitalize on economies of scalew and strong cash flow should help Omnicare tocontinuw growth. The company started 2009 with a profitable first quarter, earning 64 cents a share, excludingt several one-time charges for restructuring and legao issues. The company generater $74.7 million in adjusted net incomde on revenueof $1.6 billio n for the quarter ended Marcuh 31.

Monday, August 6, 2012

PharMerica loses $5.5 million in 4Q - Business First of Louisville:

batyushkinuxit.blogspot.com
million, or 18 centz per share, in the fourth quarter of 2008, largely due to a one-tims charge of $14.8 million resulting from a higher-than-anticipatef loss of customers. PharMerica said that without the chargw it would have earned 26 centssper share. The number of licensed beds operatedc by PharMerica customers fellnearly 4.4 percenr from the fourth quarter 2007 to the fourth quarter according to a media release. As of Dec. 31 PharMericq customers operated 322,376 beds. The company reported fourth-quarted revenue of $479.7 million, compared with $492.q2 million a year earlier.
PharMerica was createx in August 2007 through the combination of the institutiona l and hospital pharmacy business units of and PharMerica has a major service center at the Corporex Offic Parkin Tampa. A consensus of Thomsom Reuters analysts had predicted earnings of 21 cent per share on revenueof $489.5 The company reported net incomwe of $2.8 million, or 9 cents per in the fourth quarter of 2007. Despite the writedownb that forced the company intoa fourth-quarter loss, PharMerica CEO Gregoruy S.
Weishar said in a release that officialsare “extremely pleased with the of the company, which just complete its first full calendar year of “Looking forward to 2009, we enter the year a much strongerd company,” Weishar said in the release. “Withg the merger behind us, we can now focus our energiese around growing ourclient base, improving client retentioj and acquisitions. We are confident we can post solid growth in 2009 and For thefull year, PharMerica reporter net income of $5 million, or 17 cents per share, comparesd with a loss of $13.4 or $1.13 per share, in 2007. Revenue increased to $1.9 from $1.2 billion. Ky.
-based PharMerica (NYSE: PMC) said its pharmacies dispensed a totao of 10 million prescriptions during the fourthu quarterand 40.3 milliom for the full year. The company operatexs more than 100 institutional pharmacies in more than 40 Inthe release, PharMerica officials projected full-yearr 2009 net income in the rangd of $1.11 to $1.19 per share on revenue of $1.96 billion to $1.97 billion.

Sunday, August 5, 2012

15-year-old Pittsfield High student unlocks secret of 1759 sermon - Boston Herald

vidineevostegity.blogspot.com


15-year-old Pittsfield High student unlocks secret of 1759 sermon

Boston Herald


MONTEREY - Shelby M. Sebring has gotten a taste of what Robert Langdon must have felt like while cracking the Da Vinci Code. The 15-year-old from Hancock recently unlocked the secrets of a 1759 sermon, while serving as a Young History Scholar intern ...



and more »

Saturday, August 4, 2012

Dodgers' Claims of Cliff Lee, Joe Blanton Show Voracious Desire to Win This Year - Bleacher Report

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Bleacher Report


Dodgers' Claims of Cliff Lee, Joe Blanton Show Voracious Desire to Win This Year

Bleacher Report


First, the Dodgers acquired pitcher Joe Blanton from the Philadelphia Phillies after claiming him on waivers. As reported by MLB.com's Todd Zolecki, the Phillies will receive a player to be named later or cash. The Dodgers will take on the $3 milli on ...


Not done? Report says Dodgers have claimed Cliff Lee

Los Angeles Times


Sources: Lee is claimed by unknown team; Phillies still view trade as unlikely

CBSSports.com (blog)


Cliff Lee Claimed

NBC 10 Philadelphia (blog)


SB Nation (blog) -SI.com -NBCSports.com


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Thursday, August 2, 2012

Enrique Torre Molina | Posted August 2, 2012 - Huffington Post (blog)

belyaevostapuki.blogspot.com


Huffington Post (blog)


Enrique Torre Molina | Posted August 2, 2012

Huffington Post (blog)


A few weeks ago I called a meeting with editors and journalists from different Mexican LGBT media. I invited members of cable and online television, commercial and public radio, blogs, independent and high-profile magazines, mainstream newspapers, ...



Wednesday, August 1, 2012

Microsoft's Rebranding Efforts Morph Hotmail to Outlook - International Business Times AU

proklofuxaanygez.blogspot.com


Microsoft's Rebranding Efforts Morph Hotmail to Outlook

International Business Times AU


Microsoft's Rebranding Efforts Morph Hotmail to Outlook. Article. Rate this Story; 0; 0. Print; Email · Order Reprints; Text Size. By Erik Pineda | August 1, 2012 12:44 PM EST. Microsoft has unveiled plans to retire its Web-based e-mail service Hotmail ...



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