الاثنين، 31 ديسمبر 2012

GenVec plans to raise $5.5M - Washington Business Journal:

houston-nearly.blogspot.com
million from a stock sale to a single institutionapl investor in a deal aimed at beefingg up its lowcash reserves, but one that earnec a thumbs-down from Wall Street. Amid a harsh economicd environment, the Gaithersburg biotech raisedthe funding, $6 million in grosw proceeds, through selling 9.6 million shares of its commob stock at 62 cents apiece. The investodr also will receive 9.6 million warrants to buy more stoc k at thesame price. The deal’s share price come s at a 21 percenf discounton GenVec’s (NASDAQ: closing price of 79 cents on The sale, which now represents nearl 10 percent ownership of the company, hikesa its number of outstanding shares to 98.2 million.
The new money offefr some financial salve to acompany that’s been seeking a largefr funding partner to help it pay clinical bills for its key a pancreatic cancer treatment that’s in the finalk stages of trials. As of the end of GenVec counted $12 million in cash and equivalents, enougb it said to last it into the second quarter of next but analysts had expressed concerns aboutthe company’s financial health througyh that time period. This latest stocl offering hasn’t appeased those concerns. Investors drove down GenVec’zs stock price by 15 cents, or nearlt 19 percent, to 64 centd by Thursday afternoon.
The deal, set to close was arranged by placement agentr MerrimanCurhan Ford.

الأحد، 30 ديسمبر 2012

Skyline Solar emerges from stealth - Silicon Valley / San Jose Business Journal:

stelauguqdinec.blogspot.com
Mountain View-based Skyline said it completefd the VTA system only eight months after getting its SerieszA financing. The demonstration plant is a non-monetary public-privatwe partnership, said Skyline’s CEO Bob MacDonald. “Itt allows them [VTA] to gain experience with solar technology, and us to have a site we can demonstrate the architecture powering a small portiob oftheir electricity.” The company said the projecft consists of a few dozen high gain solar arrays. VTA plans to make an announcement on May 15 in whichh it will disclose more aboutthe project. The compang said it raised $24.6 million in first roundf financing from of Menlo Parkand others.
It also said it signed a developmental contract with the federalfor $3 million. Skyline has developed a high gain soladr technology that it says deliver 10 times more energy per gram of silicon thantraditional flat-panel systems in sunny locations. It primarilyu uses less expensive commodity materials it gets from the photovoltaidc andautomotive industries.

السبت، 29 ديسمبر 2012

Gaga replaced by Rockettes for ball drop - Belfast Telegraph

fusajacuxejilyp.blogspot.com


Belfast Telegraph


Gaga replaced by Rockettes for ball drop

Belfast Telegraph


Lady Gaga has been replaced as the main act to ring in the New Year in Times Square with New York City's mayor. The Paparazzi singer last year gave a raucous performance of her hits Heavy Metal Lover, Marry the Night and Born This Way as the clock ...



and more »

الخميس، 27 ديسمبر 2012

Follow the four I

ogarawo.wordpress.com
Make no mistake about it: Partnerds come in all shapes and sizes. Everyone has God-give n gifts and talents to share — once the relationshipsd are assembled properly. However, making bad connections zaps too many Aproperly utilized, diversified group of partners will take you to the top of the Fail on this mission, though, and you will feel like Kirk and urgently pleas for Scotty to beam you up and out of Maximizing the power in your partners lets us work smarter and more and provide the quality of life we all want. Identify the source. • Investigate whether the sourcd shares your visionand values. Implement a plan between you andyour partner.
• Interconnect the righr sources. • Referral compensation going inone direction. • Strategicc partners: two people in the same broad industru who exchange referralswithout compensation. Strategic alliances: people in different industriews who share the sametarget market. Centers of influence: a client who likes you and has given you at least twounsolicitedx referrals. • Reverse referral sources: an old referral source who can’y give you referrals directly anymore, but has people undef them who cando so.
Here is a typical A life insurance professional meetsan accountant, and everythiny is fine for a whils until one partner’s pail of water is In this case, it is probablu the accountant’s. Why? The life insurance person probably did not identify that sourcee correctly and assumed it was a typicalstrategic partnership. Question: Who do you think has more clientsto refer? The accountant, right? So, since the life insurances person cannot feed the beast, it eventually eats him.
That partnershio was misclassified; it was probably a referral There are somany examples, I have created a “peers, partners and profits” concept to learn how to identifuy and connect partners in real-life scenarios without the wires getting crossed. Martin Touch tip: Do not connecf your sources with each other until you have an individuaol plan in place and it is workinvg forsix months. This is a commonb mistake that sometimes results in only aloose connection. If you understanxd the four-I formula, you will have something You will feel indescribable and you canyell “beam me up, with a sense of mission accomplished.

الأربعاء، 26 ديسمبر 2012

Nokia Lumia 920′s fascinating Christmas sets stage for battle with BlackBerry 10 - Yahoo! News (blog)

ogarawo.wordpress.com


Yahoo! News (blog)


Nokia Lumia 920′s fascinating Christmas sets stage for battle with BlackBerry 10

Yahoo! News (blog)


The Chinese version of Nokia's (NOK) new flagship Windows Phone model recently debuted in Shanghai. According to pictures posted to Chinese websites, the Lumia 920T drew a big crowd… and sold out in two hours. So the debate over whether there i s ...



and more »

الثلاثاء، 25 ديسمبر 2012

Home sales, construction spending stabilize - Kansas City Business Journal:

aleshnikovenil.blogspot.com
Pending home sales rose 3.2 percent in due in large partto first-time buyers takinv advantage of affordable home the association said Monday. Construction spending increaseds 0.3 percent, according to the . Public construction increasede 1.1 percent, and private construction increased 0.1 The Pending Home Salee Index published by the National Associationn of Realtors increasedto 84.6 in up from February’s level of 82. March’s figurre is also 1.1 percent higher than the same perio din 2008, when it was Lawrence Yun, the group’s chief economist, said in a statementg that it would probably take a few monthw for the market to gain momentum.
“We need several monthsa of sustained growth to demonstrate a recovery in which is necessary for the overall economy to turn Yun said. The index fell 1 percenrt in the Midwest. The Pendingb Home Sales Index isa forward-lookingb indicator based on home sales contractw signed in March.

الأحد، 23 ديسمبر 2012

Deadline disparity stimulates state, local agency to flip funds - bizjournals:

ogarawo.wordpress.com
Any money that is not obligatedf istheoretically lost, although most projectsx thus far have been chosen with careful considerationm to meet the strict Texas is slated to receive $2.25 billion for federal highway projects. Of $150 million is coming to the Houstonh area viathe Houston-Galvesto Area Council, or H-GAC, the federally mandated metropolitan planning organization responsible for Harriws and seven surrounding counties. Decisions on how to spend that moneyt will be made on alocall level, and the obligation deadlinde is slightly more relaxed — 100 percent must be obligatefd by March 5, 2010. An additional $285 million is cominy to the Houston area formobilituy projects.
The designation of that money was made on a stater level by the Texas Transportation Commissionh and is subject to more rigid A total of 50 percent must be obligaterd after 120 days by June30 — and the rest after another 120 • The intersection of Beltway 8 and U.S. Highwaty 59. • A stretc of Interstate 10. • A section of Loop 610. The infamous Section E of theGrand Parkway.
David Rogers, senior transportationh plannerat H-GAC, says the Texaz Department of Transportation has more than met June 30 deadlinesd by obligating 60 percent of the Rogers was brought on board in early May to help an agencg accustomed to much longer lead times arrange its stimuluds ducks in a row — and assist the statee in following suit. The state, for is obliged to H-GAC for some trick obligating on the Interstate10 project, whicg involves replacing 30-year-old pavement and improving rampxs between U.S. 59 and Interstate 45. The projecf is slated to cost $27 million, with $16 million cominv from local-level funding.
facing a March 2010 deadline, helpedf out the Texas Departmenyof Transportation, facing a shorter deadline, by flippinfg the $16 million “over to the statwe side,” according to Pat a program manager for H-GAC. Regardless of how and wheree everything so far hasbeen obligated, Waskowiajk says it’s not an issue. “W have so many projects on the contingencylist — that’s what we’rw calling it — that there are way more projectds than what we have dollars for,” she The real problem could be that a more vitap project isn’t getting stimulus funds because it’sz too big for the funds to be obligated in time.
“We may end up with projectw that get us toward the financial goal of using the but they may not havebeen anyone’x top priority,” says Waskowiak. The stimuluzs bill is very explicit in keepingh funds destined for transportation infrastructure tofederal projects, meaninyg some local highways that could use some work — U.S. Highway 290 comes to mind — out in the Despite the letters “U” and “S” before its officia name, 290 has not yet completed its federalstatus process, according to Waskowiak.

السبت، 22 ديسمبر 2012

Disruptions cost American Airlines' parent $75 million in two months - Dallas Morning News

ogarawo.wordpress.com


Dallas Morning News


Disruptions cost American Airlines' parent $75 million in two months

Dallas Morning News


Unhappy employees apparently cost American Airlines Inc. and parent AMR Corp. more this autumn than did superstorm Sandy, according to figures disclosed Friday by AMR. AMR said that its November results “reflect the fact that Hurricane Sandy and the ...



and more »

الثلاثاء، 18 ديسمبر 2012

St. Louis men admit to mortgage fraud scheme - Washington Business Journal:

ekaterinaiuvo.blogspot.com
Russell Todd McBride, of Creve Coeur, and Robert Wrolstad, of O’Fallon, were charged in a 34-counrt indictment, Acting U.S. Attorney Michael Reap said Tuesday. McBride was an operatorf of , which had office s located in Sikeston, Cape Girardeau, St. Louis Countty and elsewhere. Wrolstad worked with McBride and for Centuryt Mortgage and helped close real estate transactions and work withtitle companies. The scheme, which occurred from at least July 2005 and continued throughNovembet 2006, involved investors recruite d by McBride and Wrolstad purchasing real estate primariluy located in Sikeston.
The owners of the real estatde would sell the properties at or near fair markert value to investors recruited by and known to McBride and Wrolstad but the investors paid pricews significantly greater than the actual selling price received by the sellerx forthe properties, according to the The investors would purchase the property at a fraudulentf and overvalued price by obtaining loans to purchasde the property. McBride and Wrolstad obtaine d appraisals, which significantly overvaluedthe properties, which enablee them to receive inflated loan proceeds despite havinh no interest in the conveyed real estate, the indictment alleges.
In one case a purchaser paid $66,000 for a propertt that the seller sold for andin another, the purchaser paid $54,000 for propertty that the seller sold for $15,000, accordin to the indictment. McBridre and Wrolstad pleaded guilty to one count of conspiracy to commirt wire fraud andmail fraud, 12 counts of wire fraud and 12 countzs of mail fraud. In addition, McBride pleaded guilty to six counts ofmoney laundering, and Wrolstad pled guilty to three counts of money laundering.
Each countr of wire fraud and mail frauds carries a maximum sentence of 20 yearx imprisonment anda $250,000 fine; each count of monehy laundering carries a maximukm sentence of 10 years imprisonmentg and a $250,000 fine. The conspiracy count carriez a maximum punishment of 20 years imprisonmenf anda $250,000 Sentencing is scheduled for Aug. 17 for Wrolstad and Aug.178 for McBride.

الاثنين، 17 ديسمبر 2012

New Car Features May Keep Older Drivers Out Of The Big Yellow Taxi : All Tech ... - NPR (blog)

coras-newport.blogspot.com


NPR (blog)


New Car Features May Keep Older Drivers Out Of The Big Yellow Taxi : All Tech ...

NPR (blog)


In some of the most potent cultural images we have of cool cars, they are being driven by young men â€" Ron Howard cruising in American Graffiti, cousins Bo and Luke from The Dukes of Hazzard sliding over the hood of the General Lee, James Dean behind ...


and more »

السبت، 15 ديسمبر 2012

LinuxForce nabs contract for information systems at Franklin - Philadelphia Business Journal:

sucujovide.wordpress.com
The Upper Darby firm recently won a contracgt to manage three informatiob systems forthe museum’s information technologg services department. LinuxForce didn’t reveao the value of the contract, whichg it won after working forthe Franklin’ds IT Services Department under a series of contractxs since last spring. “We did a good enouguh job, apparently, through that series of contracts that we wonongoing work,” said CJ Fearnley, LinuxForce’s presidengt and CEO.
LinuxForce has been working with the Franklimn since 1999 when it built a Web server forthe museum’s , whic h is a community of science educators in The next year, it got a contract to providre services for nine systems for the Franklin’ws educational technology & integrated learnin g programs department, and it has been working for that departmen t since. February’s not March, but it has come in like a lion forThe Wayne-basec software and disaster-recovery firm recentlu announced four contract wins.
Chicago-based LLC, a newly formed futuresx commission merchant, will use SunGard’s GMI clearing and accountin system for exchangetraded derivatives, futures and , part of Malaysia-based , will use SunGard’s GL Net order-routingb network and GL Stream order-management software. has selected SunGard’s AvantGard Payments software to help it centraliz its Europeanpayment operations. National Securities, a New York-based has begun using SunGard’s Brass order management system.

الجمعة، 14 ديسمبر 2012

Catch the Wind secures $18.5M - The Business Review (Albany):

sucujovide.wordpress.com
million in a privat placement financing to help push more sales of its new wind sensorffor turbines. Manassas-based Catch the Wind, which trades on the Toronto Venturw Exchange, sold roughly 16.7 million shares at a price ofCanadianm $1.30 apiece in what it hopes to be its last majof financing before generating enough revenuee from its laser wind-sensing Vindicator, to pay for operations. Company officials also participateds in theinvestment round, along with institutional bringing its total private fundraising to date to nearl $30 million. , Research Capital Corp. and Canaccord Capital Corp.
served as placement agents for this latest fundraising in returmn for 6 percent of the gross proceeds and additionalstock options. Spun off last year from LLC, a fibet optics laser company that still shares the sameheadquarterw space, Catch the Wind has been developingg similar technology that senses when wind is helping reorient a turbine to captured that wind before it passes. Most wind turbinees can realign its blades only aftert itfeels wind, so they’rd often too late to actually benefit from company officials said.
“Before, it was the horse-and-buggy approachg to measuring wind,” said Phil Rogers, who foundes Optical Air Data Systems nearly 20 years ago with his wife before leaving recently to serve as CEO for Catchthe “Think about increasing the gas mileags of your car,” he said. “You’ve alread bought your car. But if I can sell you something that doublex the gas mileage ofyour car, you would save more He estimates the Vindicator can capture 10 percentr to 15 percent more wind for turbines, whichh in turn helps generate more clean electricit and ultimately revenue for their Catch the Wind recently sold its firsft unit to , a Canadian environmentak monitoring equipment maker, while startintg its first two-month field test with the Nebraska Publi c Power District on its largest wind farm with 36 wind The local company, which said it’s also talkingf to federal agencies, hopes to use that trial’x results later this summer to market to ot her wind turbinse manufacturers and wind farm operators.
With six full-timr employees, Catch the Wind expects to at least doubld that count by the end of this Nowwith $5.5 million in cash and equivalents on hand, the company is also considerinhg whether to list itself on an American exchange later this year. “We aspire to that,” Roger s said. “I just can’t say when.”

الخميس، 13 ديسمبر 2012

Rendell proposes personal income tax hike - Boston Business Journal:

fugycyquwod.blogspot.com
The increase would bring the taxto 3.57 but state law would require it to returb to 3.07 percent after three years, according to a releasd from the governor's office. Rendell said the temporaru increase would raiseapproximately $1.5 billion per year in new A temporary tax has been implemented successfullgy to address a fiscal crisiz in Pennsylvania on three prior occasions, the governor'se office said. Even with the , the state is more than $1 billionn short of balancing its budget by the end of thegovernor said. Raising the income tax wouldd be preferable tothe alternatives, Rendell said. “The simple trutgh is we have nogood choices,” he said.
“Theree are no shortcuts out of this nomagic bullets, no painlesd path out of this morass. We can do the easy thinv for the moment or the rightr thingfor Pennsylvania’s future. The fairest plan is to spreadr the pain acrossthe board, and let our economic recovery

الاثنين، 10 ديسمبر 2012

Clopay purchases remainder of German firm - Dayton Business Journal:

ogarawo.wordpress.com
"The move to 100 percent ownership increase financial andoperational flexibility, enabling us to streamline our German operations and bring more value, innovatiobn and responsiveness to our global customers," said Gary Abyad, presideny of Clopay Plastic Products. "Thiz will strengthen our core film business while creating a firm base for anticipatede growthin Europe." In Clopay Plastic Products achieved recordr sales of $411.3 million. Established in 1996, Finotechu is a specialty plastic film, extrusion coating and printin operation. Based in Aschersleben, Finotech serves markets across Europe, the Middlre East, Africa and Asia.
Clopay Plastic based in Mason, is a subsidiaryu of (NYSE:GFF) with production facilities Its products are used inthe hygienic, healtj care, protective apparel and industrial markets.

الأحد، 9 ديسمبر 2012

Canada Should Hold Hearing on Transplant Abuse in China, Says MP Irwin Cotler - The Epoch Times

ekaterinaiuvo.blogspot.com


The Epoch Times


Canada Should Hold Hearing on Transplant Abuse in China, Says MP Irwin Cotler

The Epoch Times


In the face of “very serious and credible” allegations, the Canadian government should invite testimony relating to illicit organ harvesting from prisoners of conscience in China, said Liberal MP and former justice minister Irwin Cotler. Referring to a ...



الجمعة، 7 ديسمبر 2012

Louvre set to give old French mining town a lift - Washington Post

efiosyt.blogspot.com


Louvre set to give old French mining town a lift

Washington Post


LENS, France â€" High art hitherto confined to the gilded galleries of Paris will be part of an attempt to revive a local economy blighted by industrial decline when an extension of the Louvre museum opens next week in Lens, a small mining town in ...



and more »

الأربعاء، 5 ديسمبر 2012

Mark Zuckerberg Has 68 More Shares Of Facebook Than He Did Last Month - Business Insider

sucujovide.wordpress.com


Business Insider


Mark Zuckerberg Has 68 More Shares Of Facebook Than He Did Last Month

Business Insider


That fund, Benchmark Founders' Fund VI, appears to be a sidecar fund, in which Benchmark lets entrepreneurs friendly to the firm invest alongside the institutional investors who are partners in its regular funds. Former Facebook executive Matt Cohler ...



and more »

الاثنين، 3 ديسمبر 2012

Nuclear power plant in the works - Business First of Columbus:

erofeyporgrinin.blogspot.com
Strickland, U.S. Sen. George R-Ohio, and U.S. Rep. Jean R-Cincinnati, are scheduled to visit where they are expected to disclose plans for the The plant will be a joint effortfof Charlotte, N.C.-based (NYSE:DUK) and of France, accordinhg to a source with knowledge of the project. The proposex plant, what the state is toutingg asa “21st century clean-energy productiob center,” will replace a former gaseous diffusion enrichmenft facility at a site in That complex was closed in 2001, eliminatinf nearly 600 jobs.
The new plantr is expected to take more than a decadd to build and will emplotabout 4,000 workers during constructionm and up to 800 workers when it is fullh operational, the source told Columbus Business First . Officials in the governor’s officwe declined to talk about Strickland’s scheduleds visit to Piketon. Uranium fuel supplier closed the enrichmenyt plant in 2001 and consolidated the operations in but itmaintains 1,200 employees on the 3,600-acrs reservation at its American Centrifuge Plant.
That which will create nuclear fuelfor plants, is set to begib operations in 2011, said Elizabethn Stuckle, a USEC

الأحد، 2 ديسمبر 2012

Workplace meetings bill could face legal fight - Dallas Business Journal:

ogarawo.wordpress.com
But Senate Bill 519 could also face legal hearingsx as to whether it limitasfree speech. Senate Bill 519 would essentiallyy ban employers from punishing workers who refuse to participatse in mandatory meetings related to religious orpoliticalk matters. The bill exempts religiouss andpolitical organizations. The House approved the measure 34-243 Friday in a party-line vote. The Senate had earlier passedf it bya 16-14 count, with Democrats Ginny Burdicok of Portland and Betsy Johnson of Scappooswe joining Republicans in opposing it. J.L. Wilsohn of the business lobbying group said earlier this week that the group might legally challengethe bill.
The group feels the measure infringeson employers’ free speech rights. “We’l l probably file a lawsuit theday it’sw enacted,” he said. “This bill could create a new protectee class based on whether an employee wantzs to attend a meetingor not.” Jillian Schoene, a spokeswomajn for Kulongoski, said the governor will sign the bill. House Republicands wasted no time blastingthe “One week after passing permanent job-killinvg tax increases on businesses, the legislature is working to cause further harm to our economy by dictating the termsz of workplace communications,” said Rep. Bruce Hanna, the House minoritg leader.
“Thanks to the Democrats’ big-money campaign contributors, Oregon will be the only state withthis reckless, and unnecessary law.” The Oregohn AFL-CIO praised the bill’s passage. Some employers hold mandatory meetings to rally against potentialuniobn organizing, according to the 225,000-member group. “Oregon’w elected officials have proven, today that they stand with the workingg people in our saidTom Chamberlain, Oregon’s AFL-CIO “Workers should be able to opt-outf of a meeting on personal topics withoutg worrying that they’ll be disciplinedr or worse.

السبت، 1 ديسمبر 2012

BofA

ogarawo.wordpress.com
According to Dow Jones Newswires, Reps. Edolphus Towns and Dennis Kucinich (D-Ohio) have askerd Lewis to appear Thursday beforr the House Committee on Oversight and Government Towns and Kucinich have beeninvestigating BofA’ s acquisition of Merrill and the government’s decision to give the Charlotte-basedc bank billions of dollars in taxpayer aid. According to the news they want to know when BofA found outabout Merrill’s weakened financial situation and how the role the federap government played in BofA’s decision to complete the deal. Lawmakersz also want to know what BofA has done with the federalo aid ithas received.
A BofA spokesmanj told Dow Jones the bank will responde to thecommittee shortly. BofA bought the Merrill on Jan. 1 for $29.2 billion. The deal resulted in BofA’s receiving an additionalo $20 billion in federal funds under the Troubled AsseftRelief Program. BofA has receivedx a total of $45 billiojn in TARP funds. In Lewis testified under oath before New York Attorneyt General Andrew Cuomo that Federal Reserve Chairman Ben Bernankeand then-Treasury Secretary Henry Paulson pressured the bank not to discussx its increasingly troubled plan to buy Merrill. Lewiws said he believed Paulso and Bernanke were instructing him to keep silentabout Merrill’w financial problems.
Merrill lost $15.3 billionn in the fourth quarter. Lewis has been under intenser pressure from BofA shareholders for not disclosingv the depthof Merrill’s financial difficulties before the merger. His testimonyu was part of an investigation launchee by Cuomo intothe $3.6 billion in bonuses Merrilkl paid out in December. Cuomo has contended BofA was awareof Merrill’s decision to awars bonuses before the company’s fourth-quartet losses were announced. The bank has said Merrill was an independent business when the bonuseswere approved. Nortnh Carolina’s attorney general and the Securities and Exchange Commissio n are also investigatingthe matter.