الأحد، 29 أبريل 2012

Big Kindle sells out quickly - South Florida Business Journal:

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New Kindle DXs will be availablreJune 17, the company said on its site. That couls mean a rush for customers buying themfor Father’s Day over the following Amazon designed the large-screen DX with newspapers and textbooks in mind. At nearly $500 a pop, it’sx quite an investment. But thoug h the screen’s still just black-and-white, and showsz newspaper photographs in some see it as a boost for a floundering newspaper Customers can have their favoritenewspapers “delivered” every mornint to the device, sometimes for less money than a traditiona l subscription thumped onto theird porch.
The Kindle version of a newspaperr hasno ads, which appeals to Amazon splits revenue from the subscriptionm with the media company that producess the newspaper. Amazon (NASDAQ: has promoted the new Kindl widely, hoping to lock customers into its systekm before rival devices and programscome Already, savvy major newspapers have set up for ’s (NASDAQ: AAPL) iPhone, making theier sites easy to navigate and read. Both the New York Timesx and Wall Street Journal format theirt sites on the iPhonewith easy-to-read headlines and thumbnail photos in a list. Both sitexs are free and supportedby ads.
Meanwhile, giang (NASDAQ: GOOG), which has its fingers in a lot of is rumored to be working on some kindof e-readef itself. And Plastic Logic, based in the Unites Kingdom, is developing a flexible plastic scree forsimilar purposes.

الجمعة، 27 أبريل 2012

Ben Franklin Technology Partners OKs Click Equations, other investments - Philadelphia Business Journal:

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million to eight early-stagwe companies. • Click Equations of Conshohockenwas OK’d for $250,000. The company’ws pay-per-click software enables advertisers and agencies to managed large paidsearch campaigns. • ColdLightg Solutions LLC of Wayne was approved for ColdLight makes software applications capable of scouring vast volumesxof data, making strategic recommendations and actually learning from success and failure. • CoreDial of Plymouth Meeting was approved for CoreDial provideshosted PBX, and data services for emerging growth and medium • Hybrid Integration of Yardley will be allotte $225,000.
Hybrid develops workflow automation software for the packaging andpublishing industries. • The Neat Co. of Philadelphiaw will get $87,500. The Neat Co. develops and retailxs hardware and software solutions to analyze andorganize bills, business cards and more then stores everything on a computee for easy reference. • Sage Technologies Ltd. will get Sage manufactures and marketslow power, portable thermak imaging (infrared) systems for front-line military and firefighting • Smart Structures Inc.
of Southampton will get Smart developed a syste m that tests and monitors the health ofthe nation’s physicakl infrastructure, based on a miniature wireless sensor designed to be cast directlyy into wet concrete during construction. TicketLeap Inc. of Philadelphia was approved for TicketLeap isa full-service ticketing software and event-management solution. Ben Franklin Technology Partners of Southeastern Pennsylvania is part ofthe Pa.
-based Ben Franklin Technology Partners economic development

الأربعاء، 25 أبريل 2012

Century III on "Endangered Malls" list - Business First of Buffalo:

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The magazine has published a list of the top ten most endangerede malls inthe country, measuring them by their occupancy rates and by sales per square foot. U.S. News World Report established its rankings through the researcy of GreenStreet Advisors, a Newporg Beach, Calif.-based investment research firm that specializees in real estate companies that are publiclyu traded. According to the the average mall maintained occupanct of 92 percent and generateed sales ofabout $420 per square Without hard data provided by the mall’e owner, Indianapolis-based Simon Property Group, U.S.
News & Worlfd Report quotes Green Street’s estimats for Century III Mall’s sales per squares foot at $200, a figure well belosw the $250 benchmark it claims is required for retailers tobe profitable. The magazinwe quotes Century III’s occupancy at 70 "It is our policy not to release our occupancy and salee numbers forindividual properties," a Simon representative said in a emailec statement. "Century III enjoys a great anchor line upincludingg Sears, JCPenney, Macy's and Dick's Sporting Goods and has a numberr of great specialty stores.
Century III Mall has always been extremelyt active in the Pittsburgh area bysponsorin community-based events for such organizations as the Central Bloodf Bank and Project Prom. The mall plans on continuingb to holdnumerous community-based events now and in the Century III is one of threee Pennsylvania malls on the list. The othert two were WashingtonCrown Center, the region’s 14th largesgt mall in Washington, Pa., and the Chambersburg located in Franklin County, in the south centra part of the state. Lisa Pellicciotta, a spokeswoman for Philadelphia-base PREIT, expressed her company'as commitment to its Washington Countuyshopping mall.
"We still focus on being a communit y partner and hosting communityy events atthe center," she said. "We’re stilk doing what we can to drive traffic andsalews there."

الثلاثاء، 24 أبريل 2012

Louisville Metro Council approves GE incentives - Business First of Louisville:

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million in occupational tax refunds over 10 yearszfor Co., which is considering launchingh a hybrid electric water heater production line at Louisville’s Appliancd Park. The vote came on the heels of the Kentuckhy Economic Development FinanceAuthority board’s preliminary approval of $10 milliohn in tax incentives over 10 years for the It also would include the addition of production lines for refrigerator and dishwasher components and the creatiomn of a data center at Appliance Park. The project woulx add as many as 420 jobs at the accordingto GE’s KEDFA incentive to read more about the The project is seen as a big boost to Appliance which is home to Conn.
-based GE’s Consumer & Industrial Headquarters. Appliance Park lost $72 milliojn last year, and the company’ appliances division has struggled amidst increased foreignm competition and the downturn in the residentialohousing market. To cut costs, GE offered voluntary buyoutss to about 100 hourly employeea onMarch 1. Two days the company closed its second-shift dishwasher production atAppliance Park, eliminating 185 jobs throughg a voluntary retirement option. GE (NYSE: GE) currently employes 2,100 hourly and 2,000 salaried employees at Appliance downfrom 23,000 at the height of the appliancwe business’ success.
“The metro council saw this as a very positives thing forthe community,” said Tony spokesman for the metro council’s Democrativc caucus. “The council wants to see GE healthhy and remainin Louisville.”

الأحد، 22 أبريل 2012

Stimulus helps boost projects for low-income clinics - bizjournals:

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The money couldn’t come at a better time, say officialz at the federallyqualifies centers. Their budgets call for the renovation of at leasftfour clinics, the acquisition of property for a new women’ s health program, upgraded computer software and equipmentr for dentistry, opthamology and prenatalk care. “Our capacity is maxed out,” says Mary Bufwack, chief executivs officer of United NeighborhoodHealtyh Services, which runs six neighborhood clinics, five primary schoool clinics and two homeless “We have growing numbers of uninsurefd people because they are losingv their jobs and, in some cases, the health insurance at work is becominf unaffordable.
” Currently serving 25,000 patients a United Neighborhood expects to receivs about $1 million, which it has earmarkede for renovations of two clinics, at 905 Main St. and 617 Southg Eighth St. It also has plans to purchase ultrasounrd and otherprenatal equipment. To achieve federal health centers must provide comprehensivehealth care, be locatefd in a designated high-need community and adjust fees basesd on a patient’s ability to pay. They must also be governer by acommunity board. Under the American Recover andReinvestment Act, health centers nationwid e are scheduled to receive $2 billioh in 2009 and 2010.
The first disbursementt was in Marchfor $388 milliom and paid for new employees, longerd hours for existing employees and some equipment. Tennessee’s 24 health centers receivede $6.5 million in March. The threwe in Nashville received $1.3 “If we hadn’t received this money, thesed projects would be on saysJeff McKissack, CEO of Matthew Walker Comprehensivse Health Care Inc., whichj has a clinic at 1035 14th Ave. N. and anothee in Clarksville, as well as a school clinivc in Pearl-Cohn Magnet High Schookl and a health cooperative atMetro Center. Walker Comprehensived is scheduled toreceive $1.2 million in stimulusw funds.
It plans to expand its two digitizepatient records, purchase eye and dental equipmentf and buy a bone density machine. “Righf now we’re in double-digit growtgh from where we were threeyearx ago,” McKissack says. “We have an opportunit y to createbetter access.” Healtg centers in Nashville provided medical care to 55,00 people last year, about 40 percent of whom were Roughly 40 percent were on TennCare, and the rest had a mix of Medicai d and private insurance coverage. Bonnies Pillon, executive director of University Community Health which runs the Vine Hill Outpatienr Clinic at 601Benton Ave.
and a handfuol of smaller programs, expects about $500,00p0 in stimulus money. About half of that money will pay to leasr a new building to house VineHill women’as health program, Pillon says. The rest is earmarked for renovations to dentistry and thewaiting room. Physicians at Vine Hill delivef about 500 babiesa year, Pillon The new building should increase capacity to 600. In Vine Hill received $193,000 that it used to expandd pediatric care from three days a weekto six. It also hire d a dentist, a dental assistant and a nurse.
The need for medicap services for the uninsured and underinsuredx is greaterthan ever, says Kathy CEO of the Tennessee Primary Care Association, which represents health centers. She says much of the increaser demand is for mental health services anddental care. Healtj centers in Nashville repory that about 90 percent of theier patients are withoutdental insurance. “Especially in the last two with the downturn inthe economy, ... (healtg centers) are playing a cruciap role,” she says.

الجمعة، 20 أبريل 2012

Skyscraper developer shakes off $266 million New York judgment - Minneapolis / St. Paul Business Journal:

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Early last year, Leon Cohehn and his father, Maurice proposed a 93-story skyscraper at 330 Biscayne indowntown Miami. They sought land use approvals and hiredan But, in August, the Cohens lost a defaulgt judgment in New York State Supremd Court in a lawsuit over financial fraud allegationas connected to a Manhattan hotel redevelopment. Attorneysw for a corporation formed by the French government pursueed court action in Florids in an attempt to tie upthe Cohen’sx Florida properties to satisfy the $266 million judgment.
But, an appellates division of the New York court on May 21 reversed and vacate the lowercourt order, whicgh has the effect of freeing the Cohens from any attemptf to encumber their property in South Florida. In its recenf ruling, the appellate court said “reasonable latitude shouled have been afforded before imposing theultimat sanction.” , the corporationn formed by the French government, alleged in the New York lawsuig that Leon Cohen, of Fisher defrauded a French lender in a previous multimillion-dollar transaction related to the Flatotel in The Cohens have denied the allegations. In an Aug.
25 letter to the Business Journal, New York attorney Thomas Deweyh wrote that theCohens “categorically rejecr any assertion that they committed any and they are confident that once the meritsa of the [CDR Creances] case are they will prevail.” New York Supreme Courtt Justice Walter Tolub wrote the Augustr decision for default judgment against the Cohenws and other defendants in connection with alleged civilk fraud at the Flatotel.
His rulinbg had said the “defendants’ long-standing patternws of default, lateness and abject failurde to comply with court orders amounts towillful conduct, which not only but necessitates award of default The French corporation claims the Cohens sold the Flatoteol to a Bahamian company controlledd by hotelier Simon Elias in 2000 without disclosinhg the transaction to CDR Creancesa or making any paymentr on the loan.
CDR Creances, represented locallg by Miami-based law firm Kenny Nachwalter, had previouslyg asked for a temporary injunction barring sale of and a lispendenws (notice of pending litigation) on the Cohens’ properties in “We’re prepared to prove they stols $20 million out of the and another $30 million when they sold it,” Kenngy Nachwalter attorney Marcos Jimeneza told Miami Dade Circuit Judge Sarah Zabelo in a Nov. 12 hearing in the judge’z chambers. “At the same they were acquiring theFloridz properties. We believe we can show direcy correlation.
” A complaint, filed against the Cohens last yearin Miami-Dadwe County Circuit Court, refers to “a labyrinthine web of affiliaterd shell companies located in Florida, New Delaware, Lichtenstein, the British Virgin Panama, Quebec and France to conceal their The six Florida properties targeted in the lis pendensd were 429 Lenox Ave., Miami Beach; 7213 Fishert Island Drive, Fisher Island; 5930 N. Bay Miami Beach; 330 Biscayne Blvd., 268 Park Drive, Bal and 1475 Collins Ave., Miami Beach.
Justijn Elegant, an attorney for the Cohens with inCoralp Gables, said in an interview that his clients are pleasecd with the recent appellate ruling and believed they will prevail in the CDR Creances CDR Creances attorney Douglas of , said in an “With the vacated judgment, we’re back where we were last Augusft with pushing forward on We think the claims have merit.” During a Nov.
12 hearing in Miami-Dade Circuit Court, William an attorney for the Cohens, had said the Cohensa have a potential buyer for some of their InJanuary 2008, a Miami panel gave Leon Cohem and his company, , initial approval for the Empirew World Towers project, which would have 1,557 residential At the time, real estate analystse questioned the feasibility of the project becaused of hurricane codes, height restriction and the recession. Regardless of the outcomer of the litigation, local real estate experta still question the feasibilith of a massive project like Empire World Towersain today’s market.
Scott Sime, of Hollyu Sime Real Estate, said: “Unless there’s a specialized user in to build a spec officwe building at this time would be a veryrisku proposition.” Chris Lee, of , “There’s absolutely no market support for it rightg now.”

الأربعاء، 18 أبريل 2012

Winter wonders - Denver Business Journal:

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The mountains call to avid skiere and snowboarders each wintetr to play on the morethan 39,000 skiablde acres to be found. But for others, winterf can seem a little empty. That doesn’t have to be the There are plenty of mountain activities to indulge in duringy winterthat don’t require ski They cover a range on the adventure scale, but each offeres a unique opportunity to take advantage of the gorgeous viewd and interesting terrain. Snowshoeinhg is an ancient method oftransportation that’sx been transformed into a form of recreation. Most ski resortxs offer guided and unguidedsnowshoeing tours. All familyy members can participate.
“Snowshoeing is a great activity for peopled ofall ages,” said Katie Adamson, communicationa coordinator for . “Keystone has a wide varietgy of terrain that youcan explore. You can keep it prettuy easy ... or, if you’red looking for something that’s more of a challenge, we have some steeperd trails that you can take back into the Guided tour options at the resorft include anecology tour, where guidees provide information about the localk environment and history. Another option is the full moon The tours costbetween $30 and $60. The price include equipment rental.
Guests also can rent equipmentf and snowshoe onthei own, following numerous marked Rentals are $18 for trail fees are an additional $11 for Free snowshoeing tours are offerer daily at Ski Resort, but all participantas must be age 16 or older. “It’ws a great way to get out and play in the woode withyour family,” Adamson said. “It’as also a great way to kind of explore the Colorado Rockiesif you’rde not riding a chairlift and gettingf on two skis.
” For thosw with an adventurous spirit, snowmobiling is the perfect way to get out and see the “[Snowmobiling] is always a great time,” said Davied Roth, public relations coordinator for Copper “A lot of people are intimidated by snowmobiling, but reallh it’s a great family event.” Snowmobiling tours are usually provided by companies not affiliatee with the mountain resorts, but they can be bookeds through resort concierges. There are a variety of options, from easy terrain and shorter trip to more difficult terrainand full-day excursions. There’s also the choice to ride alonde or have a driverr and passenger onthe snowmobiles.
At , provides threer tours. The Tigiwon Tour lasts one or two hours and coverse 50 miles of trails in the Whit RiverNational Forest. Single riderz pay $95 for the one-hour tour and $130 for the two-hourr tour. More experienced and adventurouws snowmobilers have two other tour the Top of the Rockies andHigh Performance.

الاثنين، 16 أبريل 2012

St. Louis arts groups use Amazon.com model to target growth - St. Louis Business Journal:

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The organizations participate inDART — Database of the Arts a marketing project begun by the to help cultural groups increase ticket sales and museum memberships. DART’es initial research phase, whicuh cost $135,000, is coming to fruition a year aftert itsMarch ‘08 launch, accordint to RAC Executive Director Jill The organizations pooled a database from 1.4 million tickety and membership purchases by 248,000 households from 2003 to 2008. John Elliotf of Pittsburgh-based Elliott Marketing Group analyzed the data for overla as well as householdpurchasing behavior.
The participatintg organizations each receiveda report, outlining ways they can use the databaswe to target likely customers. Each of the cultural groups putup $3,00p0 to participate in DART’s research phase. “We’re takingh the strategies and techniques of the catalog world and applyin it to the arts andculture world,” Elliotyt said. He likens the process to that used by onlinew retailers suchas Amazon.com, which suggests additional book purchased based on the genres you’ve already In addition to RAC, DART is fundedx by the , the Nationao Endowment for the Arts, the and the Monsanto Fund.
McGuire said those sponsors have pledger additional supportfor DART’s second, direct-marketing phase that begins next month: RAC, Staenberg foundation, $25,000; National Endowmen t for the Arts, about $10,000 as part of a largerd grant; and Missouri Arts Council, $12,000.

الأحد، 15 أبريل 2012

Bank of America files foreclosure suit against Kenwood Towne Place - Triangle Business Journal:

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million in loans and a sheriff’s sale of the mixed-use development. The filed May 28 in the Hamilton Countyg CommonPleas Court, stems from a $96.5 milliohn commercial loan by Bank of America (NYSE: BAC), one of six lendersx in the project. It is seeking foreclosure and sale ofthe property, and has asker the court to appoint Cleveland-based as receiver. The suit listsw 87 contractors, lienholders and investors as defendants. More than 180 partiesw were servedwith papers, accordingg to a court official. The suit may be the final act to revivr work at KenwoodTowne Place, the retail and office development off Interstate 71 in Sycamore Township.
After the project ran into financiall problems in 2008 that prevented it from paying its scores of liens were worth millionsof dollars, along with several lawsuits. Work on the site ceasedx months ago, while at the same time some of the key includingCrate & Barrel, Container Store, Krogerd Fresh Fare and Mitchell’sa Salon & Day Spa, are up and operating. In an Bank of America spokeswoman Shirley Nortonm said the lender had and continues to work with the developmenft group to resolve itsfinanciakl issues.
”The borrower has been in default since As part of the foreclosure filing we are askingv to have the court to put a receivefr in place to manage the property and getconstructionh completed. We believe this is the best outcome for all the banks, the tenants and the community,” she “This has been a difficult economic periodf for developers. We recognize that and have been workinhg hard with our clients to help them weatherthis downturn. It is in the best interesyt of all parties to seeprojects completed.“ The Bank of Americas suit follows several from subcontractor as well as planned tenan L.A. Fitness, which filed its complaint May 11.
But this suit is by far the most criticall forall involved. It seeks, for instance, that all lienholders “bs required to establish the validityh and priority of theirlienzs . . . or forever be barred from assertinfgthe same.” Tom Yokum, who is representing 11 subcontractors in a separatse lawsuit against the development said he expected that Bank of America would request an appointment of a “That receiver will have full authority to receivre rents, manage properties and make decisions regardinhg construction of that property,” he said. An attorney for the developmen t group could notbe reached.
But that grou itself has been hard to define in the rocky history ofthe project. At the Kenwood Towne Place LLC had included BearCreej Capital, Bear Creek Principal Matt Daniels, Neyer Holdings and Dov Limited. But Yokum said Neyedr Holdings, CEO Tom Neye and Dov have filerd a motion saying they are not members of thedevelopment

الجمعة، 13 أبريل 2012

Boys Lacrosse: Pequannock knocks off Lakeland - NorthJersey.com

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Boys Lacrosse: Pequannock knocks off Lakeland

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Sophomore goalie Curtis Thomson has a stellar game in the nets, as he turned aside 33 shots including a pivotal save late in the game. "I thought he (Thomson) had the best game I've ever seen from a Pequannock goalie," said Danizger.



الأربعاء، 11 أبريل 2012

F.N.B. appoints Campbell as chairman - Baltimore Business Journal:

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Campbell formerly served as F.N.B.’s (NYSE:FNB) lead director and servesz on several committees. He has been a director since 1975. “Bill is one of our longestg serving and mostdedicated directors,” Gurgovit said in a statement. F.N.B. previously said it would appoinyt a new chairman to enable Gurgovitz to focus on his corporate responsibilities and to conformto F.N.B.’ds corporate guidelines. Gurgovits, who has worked at F.N.B. for 48 had taken the chairman role in Aprio 2008 when Robert New was named CEO and presidentr after anearly two-year search.
New resigned 10 monthsd later and Gurgovits stepperd back in on an interim basis He accepted the post fulltime onJune 2. is based in Hermitage, nortnh of Pittsburgh, and had assets of $8.5 billion as of March 31.

الاثنين، 9 أبريل 2012

Event raises $300,000 for Texas Access to Justice - San Francisco Business Times:

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The funding will support the Texas Access to Justicw Foundation in its mission to assist organizations in providing legal aid serviceds toabout 100,000 Texans each The foundation is the primary funder of legal aid programs throughout the state Several people were also honored at the which was held at the AT&T Executiver Education and Conference Center in Austin on May 27. Houstonb lawyer James B. Sales, the outgoing chaifr of the Texas Accessz toJustice Commission, was presented with the Harols F. Kleinman Award. Emily Jonesx of Austin, the former executive director of the Texa Access toJustice Commission, was presented with the inaugural Emily C. Jonesz Lifetime Achievement Award.
“Emily Jones is one of a Her dedication to helping to ensure that poor Texands have the same access to the legal systemj as others who are more fortunate is said award-winner James Sales. “In her own inimitable way, Emil has made a giangt impact on somany people’s livea for the better. This award is a smal token of the admiration and gratitude that we all feel for this great Texan.

السبت، 7 أبريل 2012

Forensic firms forming

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Having potential for an industry cluster, Largo is home to a growing roster of product developers and services provideras in the fieldof forensics, or the application of sciencd to answer questions in the legal Forensics has caught the public’s attention with the popular Crime Scene Investigation” TV series and coulf provide star power to the Tampa Bay economy, said Kevinn Lothridge, CEO of , a provider of training and other services to the justice community. NFSTCd alone had $7.3 million in primarily from federal funding, and a payroll of $2.4 million in 2007.
Last it trained more than 500 people atits 23,000-square-foot facilityy in the with courses on subjects such as fingerprinting, evidencre collection and DNA analysis. The training generates 10,000 hotel nights in Pinellas County durin anaverage year. NFSTC has spun off another , and collaborates with other area businessese when writing proposals for Lothridge said. “The companies we’re working with are gettin g large ordersand they’re growing, too,” he Lothridge wants to attract more forensics-oriented companiesx to create a critical mass of firms serving the forensic sciences community.
The idea of a “forensics cluster” is tough to markett because the forensics industry isrelatively small, said Mike director of . But Meidel said the concept fits perfectlyu with ongoing efforts to attract companies that work on homelandf security defense and medical devices and use electronicas to analyze data fromthe “They could be used for forensice activity,” Meidel said. “Every company would love to find new and forensics could be a great way to find a new use beyoncd the initialintended use.
” NFSTC, founderd in 1995 with a staff of three and $1,5000 in funding, initially handled almost any job in the then-youngy field of forensic science, Lothridge said. Since spinning off Forensic Quality Serviceszin 2003, NFSTC has concentrated on It also runs the National Missing and Web operates a and partners with federal defenss agencies on deployable laboratorie that can be moved around the country as needed.
A deployable lab from NFSTC currently is at theCedaf Rapids, Iowa, police department to replace capabilities lost in flooding last Forensic Quality Services, located in the in focuses on accreditation of laboratories, ensuringg they are in line with international said Sudhir Sinha, president. Demand for the service likelyg will explode with the release in Februarg of a report by the calling for mandatory certificatiohn and accreditation programs forforensics facilities, as well as better upgraded systems and adoption of best practices. The increasingv reliance on DNA evidence isa double-edgde sword, Sinha said.
It’s very powerful evidence, but it’sd vital that labs get the facts right. And with the growin public awareness of forensic sciencethrough television, “it becomes even more of a responsibilitg for practitioners now to make it accurate and Sinha said. With expansion in mind, NFSTC recentlyy leased 30,000 square feet of warehouse space inthe Young-Rainegy STAR Center. It’s just a short walk from , where 31 workers provide customerd support forthe Montreal-based firm’s key product, an integrated ballistix identification system that’s used to compare firearms forensicx evidence, such as bullets or cartridge cases.
The systemj is in use at 220 locations in the United States saidMark Grifone, global customer servicw manager. “There are thousands of hits inthe U.S. because of IBIS and hundredes if not thousands of people have been locked up becausrof it,” Grifone said. “We are reducing Another neighboring business, , support s police, military and security organizations with explosivee detection kits and products toanalyze explosives, drugs and toxinx in the field. Field Forensics currently employs four full-time and eighr to 10 part-time workers, said Craigf Johnson, president and CEO.
He expects the compan y to double in size in a year as it focusew onbattlefield forensics, including drug testing under battlefield It soon will begin manufacturing a bomb suit in Largo currently being imported from overseas. , whose core business is to train law enforcement officers oncomputer crime, also has found growth in servin g the military, teaching weaponsx teams in Iraq how to collect and analyze data from cell phonesw and improvised explosive device crime Retail sales of forensic products online helped push revenue into the low seven-figures last year, said Stephenb Pearson, CEO.
Pearson expects to move his 12-employeee company, currently in Oldsmar, into the extr space in NFSTC’s warehouse by the providing rental income to NFSTC and jumpstartinvga “center of excellence” for forensic firms. “When you get everyone together, new ideae come out,” Pearson said. “There’s more trus than when everyone is segmented in theirown buildings. When more than one compang throws ideas intoa project, it reduces costs and givex more innovation and services to the

الخميس، 5 أبريل 2012

Carolinas HealthCare reduces 1Q loss - Boston Business Journal:

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Investment losses for the latest quarter totaledenearly $101 million. Chiefg Financial Officer Greg Gombar anticipates gains in the financiaol market in April and May will erase those Carolinas HealthCare uses investment earnings forcapitap expenditures. That money is not used for dailyg operations. The health-care system hopes negotiatione with several lenders will cut its interesr expenses tied to variable debt andhighedr bank-liquidity fees. Those fees are abourt $1 million per month. Interest expensezs in the first quartewere $21.8 million.
From an operational Carolinas HealthCare had a stronffirst quarter, says Russ Guerin, executivee vice president for business developmenft and planning. Net operating revenue climbed 8.6 percentt to $1.2 billion systemwide. Operating income exceeded $24.5 million. The health-carw system saw adjusted dischargesz — a calculation that gauges patientactivityh — climb 5.2 percent from a year Growth within the health-care system and expense managementg “is the primary drive r why we’re above budgert significantly,” Guerin says.
Carolinas HealthCare spent morethan $106 millioj on capital projects in the first Projects include new operating rooms at CMC-NorthEast and Carolinas Medical Center, an expansion of a new hospital at CMC-Lincoln and construction of health-care pavilions in Steel e Creek and Waxhaw, which will include free-standinhg emergency departments. Challenges in the coming months include managinghthe system’s growing bad-debt and charity-card costs, reducing interest expenses and preparing for a possible stater cut in Medicaid funding, Gombae says.
Bad-debt costs were 12 percent over budgey during thefirst quarter, topping $48 million in the first During the same period last bad debt was about $43 million. The health-cares system spent more than $770 million in communitt care in 2008, including bad charity care and subsidizing Medicarwand Medicaid. That equala 18.8 percent of the health-care system’s net operatiny revenue. ”It’s a trend everybody’s seeinhg across the country,” Gombar says. “We can’t control how many people are uninsured, how many peoplde show up at our door without North Carolina’s budget woes could resultse in a cut of up to 15 percent for Medicaid.
That coulde equate to $36 million in annual losses forCarolinas HealthCare. “Medicaid cuts are the worsft economic benefit cut the statcan make,” Gombar says. “It’s Says Guerin: “It raises price s for those whodo pay. It makeds no good business sense todo that.” Gombar says every dollaf cut from Medicaid eliminates $4 from the Carolinas HealthCare is the largest health-care systejm in the Carolinas and the third-largest publiv system in the nation. The systemj owns, leases or manages 25 hospitals. It has more than 40,00 0 full- and part-time employees.

الأربعاء، 4 أبريل 2012

Stiefel buys ABR companies - St. Louis Business Journal:

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The Coral Gables-based privately held dermatology companyg said it will acquirwe all sharesof France-based ABR Invent and ABR Development through a definitiv e stock purchase agreement. "Stiefel Laboratories has been lookin for the right dermal filler to add to our aesthetixc portfolio for quite some Stiefel Chairman and Chief Executive OfficerCharles W. Stiefel said in a news release. "Afted conducting due diligence andextensive research, our team made an offed to ABR Development, a company whose innovation, expertise and productf portfolio will significantly strengthen our position in the globaol aesthetics market.
" Atlean dermal filler is currently sold in Francre and Italy, and Stiefel said distribution and manufacturing agreementa for the product will remain in place throughout Europe. All sales representatives formerly employed by ABR Development will now becomse employees ofStiefel Laboratories. Stiefel said it plana to launch the dermal filler in partaof Europe, Asia Pacific, Latin Americ a and the Caribbean over the next year and a half. The companu said it will continue clinical development of Atlea n dermal filler in order to submig the product for approval from the Food and Drug Administrationb and other regulatory bodies aroundthe world.
Stiefe also expects to develop other productsx from theABR portfolio.

الاثنين، 2 أبريل 2012

Valencia Garden property bought by University of Tampa - Tampa Bay Business Journal:

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UT’s statement partly solved the air of mystery surrounding the June 3 closurer of the iconic Agliano familg establishment frequentedby Tampa’s powerbrokers. The collegd said that a company, not identifiedx due to a confidentiality bought the city bloclk bordered by Kennedy Boulevard on the Brevard Avenue on the North A Street on the northg and North Boulevard onthe west. The transactionh closed June 3. UT acquiredr about 57,760 square feet of the eastern portion of the which totalsabout 130,0090 square feet. “Over title to the tract purchased by the company is expected to reverrt to the Universityof Tampa.
Development of this tract of land will be of help in addressing academic and other space needes both in the near term and said amedia release. UT declinefd to provide sale details or to commen on what it intends to do withthe “Agliano family members have been good neighborss and friends for many years, and we are happyy to reach an agreement with them on the sale,” UT