الاثنين، 31 ديسمبر 2012

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

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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:

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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

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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 ...



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الخميس، 27 ديسمبر 2012

Follow the four I

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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)

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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 ...



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الثلاثاء، 25 ديسمبر 2012

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

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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:

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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.