Smithfield Foods: No swine flu found in our pigs - Triangle Business Journal:

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Swine flu, a virus found in pigs that can be transmittecdto humans, has already infected 1,000 people in killing at least 100, according to numerouas news reports. About 20 cases have also been reported inthe California, New York, Texas, Ohio and but none have resulted in death, according to the , or CDC. Smithfields Foods (NYSE: SFD), based in Va., says it is cooperatingy with Mexican officials to assist in the investigation of possiblwe sources of the outbreak and will submiyt samples from its swinee herds to thefor testing.
The company also notex that it regularly vaccinatews its swine herds against influenza and conductz monthly tests for the presence of swine flu its Mexicann farms andprocessing plants. Accordingb to the CDC, people cannot get the flu from eatiny pork orpork products. Casesw of swine flu commonly occurf in people with direct exposureto pigs. Human-to-humahn contact can also transmitthe virus. Shares of Smithfield (NYSE: SFD) and were down sharpl on Monday amid concern aboutthe outbreak’s impact on pork China and Russia have already bannec imports of U.S. pork from some states that have human cases ofthe flu, according to Smithfield shares closed the day at $9.04, down 12.
4 Smithfield is the nation’s leading processorr and marketer of fresh pork and packaged and the biggest hog producer with sales of $12 billion. The company owns 49 percent of Garner turketprocessor LLC. It also operates the largest pig slaughterhouse in the world inTar Heel, a town aboutg 85 miles southeast of with about 4,500

33-year-old restaurant files for Ch. 7 bankruptcy - Pacific Business News (Honolulu):

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The iconic Orlando-based restaurant filed a voluntary petitiobfor liquidation, listing $1.98 million in debt and $1.57 milliobn in assets, said ­court records. Brad president of owner , said the 7,400-square-foot eatery’sz revenue dropped as much as 30 percent since the start of theeconomiv downturn. “When your cost of doing businesws goes up and revenuegoes down, you can hold on for only so said Dean, who unsuccessfully searched for an investor or buyer for the 28-employee According to its bankruptcy petition, Barney’s has 45 creditors. The largesgt secured creditor isBanco Popular, whicgh is owed $1.25 million.
The largest unsecured creditor is the Orange CountyTax Collector, which is owed “It’s tough right now in the restaurantg industry,” said Laura owner of , an Altamonte Springs-based firm that services the restauranrt industry. “The restaurant business is the only businesse where you open your doorss with a full refrigerator and a full and you have no idea if someone will walk through the doors.” Manny Tato, owner of Spice Modern Steakhouswe in Winter Park and downtown Orlando, said there’s no questionj the economy has been especially touguh on restaurants.
“People are not spendingb as much as theyused

Calming the South China Sea - Free Malaysia Today

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Free Malaysia Today

Calming the South China Sea Free Malaysia Today By Gareth Evans. The South China Sea â€" long regarded, together with the Taiwan Strait and the Korean Peninsula, as one of East Asia's three major flashpoints â€" is making waves again. China's announcement of a troop deployment to the Paracel Islands ... So uth China Sea: From Bad to Worse? Council on Foreign Relations  »

Silicon Valley / San Jose Business Journal: San Jose Commercial Real Estate Listings - View Commercial Real Estate

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Commercial foreclosures start to spread across Northern Va. - Puget Sound Business Journal (Seattle):

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Anyone who follows the commercial real estate market knows there are buildings in troublethroughout Washington, but as one drivea along the Dulles Toll Road or Route 28, it’ds hard to miss the signs of “See-through buildings” dot the corridor, beref of the interior office wallx that don’t show up until a tenant In recent weeks, at least two lenders have givenb up the waiting game and takeh the keys and the title back from the Lincoln Park III and Monument III. More than 50 officw buildings stand empty or virtually empt inNorthern Virginia, with 46 lying beyonc the Beltway.
With no tenants biting at their rock-bottomj asking rents dozens of those buildingds are expected to sink intoforeclosure soon. The 203,000-square-foot Lincoln Park III, 13857 McLearen Road, was developed by and sold to an entitgy in 2007for $47 million, durinb the last days of the commercial real estate boom. Still empty, asking rents dropped as low as $28 per square foot and brokerz scrambled to put togethed a deal for aninterestes tenant. In March, started its foreclosure proceedings by appointing asubstitutr trustee. ING did not respond to a requestfor comment, but Fairfa x County tax assessors estimate the building is now wortyh just $35 million.
The building may be worth even Like many propertytax offices, Fairfaxd County’s assessment procedure lags market conditions by as much as two said David Levy, a co-founder of McLean-basedc , which represents property owners in tax Although Levy had time to fiels a reporter’s questions while hitting golf balls in his the tectonic shifts in the real estate economy have floodexd him with appeals from desperate propertg owners. “There’s certainly a lot of businesa out there,” he his club clinking againstanother “Prior to this, I hadn’t filede an appeal in Fairfax County since ... I can’t remember when.
Probably six, seven or eigh t years ago.” Some commercialp buildings in the Washington region have lost as much as half theievalue but, on average, his clients are asking tax authoritiesx for 20- to 25-percent reductionsz in assessed value, Levy said. If those number are accurate, most of his clientws will have lost virtually all of the equity they have intheirr buildings. And with the emboldened tenany market demanding lower rent and higher allowances for custom interior many owners are calculating it might take them up to sevebn years to recoup the cost of landin gthat tenant. “Landlords are saying this is alosinf game,” Levy said.
With lending conditions already bleak, those owners will face foreclosure if their existingy loans are due in thenear “There are going to be a lot of building trading on the market through the Levy said. One of Levy’sz clients is another bank that swiped a Herndon propertyu back fromits owners. In April, took back titlde to Monument III, a 193,138-square-fooy building at 12930 Worldgate Drive. The owners — a joint venture between The Praedium Group, a New York-based real estatd investment firm, and of Bethesda — paid $54.9 million, or $284 a squarw foot, for the building in mid-2007. At the time of the 2007 the building was just 29percenty leased.
The joint venturee owed nearly $51.8 millio on the GE Today, the building is nearly 80 percent leased, yet Fairfax County assesses its valueat $50.65 million, which is the recorded price for the April Unless something dramatic happens to strengtheb and embolden the banking and finance industry, commercial real estate’s woes are likel y to worsen in the near future. By next a massive wave of properties financed in 2005 throug thecommercial mortgage-backed securities market will need to find new Right now, the options are few, and the legions of ownere of these securitized notes can’t easily be corralled to sign off on loan In March, the Federal Reserve announced that it would expandx one of its primar y rescue programs, the Term Asset-Backe d Securities Loan Facility (or TALF) to include commercialk property originally financed througgh CMBS loans.
There’s just one Only the highest-rated securities are eligible for purchase through the Withvalues falling, ratings agencie are now questioning the optimistic underwriting on many of thesre CMBS-financed deals. For instance, Standard Poor’s on May 18 lowerede its corporate credit rating onTishman Speyer’s D.C.-arewa real estate portfolio to “CCC” from “B+.” A large chunjk of that portfolio, which was purchasedc in 2006, was financed through the CMBS “The government is hoping that all thesew fixes will fix the lending environment so that the credit facilities will open up and start lending again beforw we have a major said Mark Larsen, president of Larsejn Commercial Real Estate Services/Oncor “But so far, that hasn’tf happened.
” Despite all the glum there is one piece of good news, at least for the strugglingt Reston/Herndon submarket. After years of overbuilding in theDullexs corridor, developers have now pulled out Just 235,433 square feet remain undetr construction in the Reston/Herndon submarkett now, compared to more than 1.1 millionh square feet in the first quarter of 2008. There’s just one buildingb under construction — Bostonh Properties’ 11955 Democracy Drive. Although it is still being built, it’s already been leasedf in its entirety by the College Entrance Examination Board.

Cincinnati CEOs ask Delta to reconsider overseas flight cuts - Business First of Columbus:

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Fifty-nine corporate presidents and CEOs, alonb with the , the European American Chamber and otherlocalo companies, signed a letter expressing concern with Delta’s "The majority of the new businesa attraction in the regioj is international business primarily from Western Europe," the lettedr stated. "This reduction in direcgt air access to Europe will seriouslty deter our jobattraction efforts." The CEOs asked in lieu of eliminating the the airline consider reducing flights to three or four timees per week. Delta, on June 11, its only overseas servicde to and from theCincinnati airport, part of a 5 perceng reduction in its international flights acrossw the board.
It cited reduced demand for overseas travelp and higherfuel costs. Atlanta-basedr Delta (NYSE: DAL) operates a hub at the Cincinnati/Northern Kentuckh International Airport.

Several Suspects Sought in Suicide Bombing - ABC News

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ABC News

Several Suspects Sought in Suicide Bombing ABC News Bulgarian and international investigators are conducting a manhunt for several possible suspects believed to have helped a suicide bomber carry out a deadly terrorist attack on a bus filled with Israeli tourists at the airport at the Black Sea resort ... and more »

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Keith Schlemlein is unfazed as he walkss quickly throughthe wreckage. He makes notes on a clipboarx about each room inthe unfinished, foreclosed home. He has not made an officiall tally of the butthis much, he says, is “It will cost the lendee a lot.” Schlemlein has recently joinerd a fast-growing cottage industry. As foreclosures skyrocket acrossthe state, businesses are springing up to watch over homesw for the lenders. For a fee, these home tendersd will keep theproperties up, prep them for a sale and boardf them up to keep vandals out. Sometimes they act as middlemenb between the lender and the homeownerr or builder who lost the propertgyto foreclosure.
Often they call themselves REO assettmanagers — meaning they handle Real Estatse Owned properties, an acronym for properties reclaimed by lenders. Their ranks have been growinv nationwide for the past two right along with the rising numberfof foreclosures. But the industry is hard to track, largelyy because the businesses are smallp and vary widely in whatthey do. One local expertf estimated there are atleasf 1,000 such firms nationwide that specialize in the business.
The industry’ws rapid rise reflects the struggle and costs faced by banks and credif unions as they try to absorb a tide of It also suggests that the foreclosure crisise is far from In Washington, foreclosure filings are up 46 percentg to about 9,700 so far this year comparedr with the same time perioed last year, according to national data tracker RealtyTrac. Economistsw widely expect a third wave of as unemployment takes its toll on The number of REO propertiesis climbing, too. They now represent 35 percen of all foreclosures in King compared with 7 percent twoyears ago.
Acrossd the state, where images of vandalized, abandonef homes are still unfamiliar, the property-tendintg industry is just beginning totake off. Many of the new businesse — often small — are former real estate agents orbuilding inspectors. They’ve been hard hit by the housinh market’s downturn and are searching for new revenue saidChris Matty, a spokesmann for Bellevue-based DepotPoint, which provides technolog y for REO asset managers nationwide and also tracks “Companies have always been in place doing but because of the huge volume of foreclosures, there’s been an expansiojn of the industry,” said Schlemlein entered the business for this very reasonj — as a way to bulk up He formed late last year to compensate as revenue slowec at his 25-year-old residential building inspectiojn business.
As banks largely quit lending to builders, their need for inspectore decreased. Revenue at Schlemlein’s inspection NorthWest Construction Control, slipped to $2.4 millioh last year from $3.6 million in 2007. At the same Schlemlein said, clients started askingf him to take care of forecloseedproperties — new homes that were buil and unsold when the housing market tanked. Often the homes weren’t even finished. “Ni one was really keeping a good eyeon them,” said “The grass was getting tall. Theses are maintenance issues thatbank haven’t had to deal with before.
” So Schlemlein, tapping into his vast network of local subcontractors, steppedx in as a foreclosed handymabn of sorts. Soon, the REO side of his businesa took off. He formed the new companyt latelast year, pulling in $70,000p in the first quarter of this He expects revenue of $300,0000 this year. Now Schlemlein, a trim, family man who’sx also a Pierce County search-and-rescue is on the frontlines of Washington’ss foreclosure crisis. He spends many days every month drivinbg hundreds of milesaround Pierce, King and Snohomisnh counties, checking on foreclosed properties. Sometimesx he rides his Harley.
More often than not, he bringes his yellow Labrador, Buddy, as a partner on the lonely journey. Schlemlein has seen it all. Amony his favorite stories: the house in Kitsal County that was filled with 200 cubixc yardsof garbage, and the mansion in Medinza missing all of its new appliances, a victimn of vandalization. “They pulled out a beautiful gasrangs stove,” said Schlemlein. “You’ll probablyu see them in an ad on Craigslisrtor something.” On a recent rainy afternoon, Schlemleinn starts his day in Pierce County, checking on six modest homes in an upper middle-class suburbv of Renton.
The houses are all similar, about 3,000 square feet, with higher-end amenities fireplaces, walk-in closets and stunninhg views of thesurroundingf valley. They smell of fresg paint. Two years ago, these homes would have sold foraboutr $600,000 each. The houses are now listerd at about $500,000, but that “seems like a lot of moneyy forthis market,” Schlemlein said. He checkse each room in each house and examines locks to makesure they’rse secure. Inside the garage of one home is a gianf stack of Christmas decorations faux treesand “Merry Christmas” posters. “That’s a sign the home’a been on the market a while,” said Schlemlein.
The decorationes had been used by the real estate agentt months ago for On the front yard of each Schlemlein postsa “Bulldog Security Systems” sign. None of the housed actually has asecurity system. The signs are homemader deterrents. The phone number rings Schlemlein’sd business. “It’s all psychological,” said “But it usually works.” Schlemlein charges $65 an but that can vary with the extent of work at the When a houseis it’s a different story.
Schlemlein assesses the damagwe andthen it’s up to the bank to decide how to The mansion in Auburn is perhapz the starkest indication of the housin g market’s downturn that Schlemlein has seen all day. It’s locateed in a former Street ofDreams community, along Washington National Golf among dozens of other similar luxury homes. The Auburnj mansion is particularly trashed, a shar p contrast to the lush splendor of the But many of the nearby homes alsohave “Fo r Sale” signs hanging in their fronf yards. It’s unclear how many might be in foreclosure, but Schlemleimn is watching over another foreclosefdmansion nearby.
Like many in the REO he expects business to keep growing as the foreclosurrecrisis deepens. “I don’t think it’s he said, standing amid broken glassw in the sweeping entryway of theunfinished mansion. “I don’t see any signxs of that.”

Duke ordered to shut Indiana units - Atlanta Business Chronicle:

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The move follows a jury ruling last year thatthe plant’sd previous owner, Cinergy Corp., violated federal emissionds standards after it refurbished the units withoutg a permit. Charlotte-based Duke bought Cinergy in Aprilp 2006for $9 At the time of last year’x ruling, Duke proposed that units 2, 3 and 5 be retirexd in 2012, when the company’sz new integrated gasification combined-cycle plant in Edwardsport, Ind., comes on line. The court’sd order accelerates that timetablse bythree years. Shutting down units 2, 3 and 5 will removew a combined capacity of265 megawatts. That is 39 percenr of the station’s 677-megawatt power-generatinb capacity.
The units affected by the judge’ s decision are more than 50 years old, says Jim Turner, presiden t and chief operating officerof Duke’s franchised electric and gas He says the order should not impact the company’x operations this year becausde of changes Duke had already made following the jury’w verdict last year.

Buffalo AirStation 1750 review - TrustedReviews

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Buffalo AirStation 1750 review TrustedReviews Key Features. First 802.11ac networking equipment; 2.4GHz & 5GHz dual bands; 802.11a/b/g/n backwards compatible; Currently needs 802.11ac media bridge. Buffalo AirStation 1750 D1800H - Next Gen WiFi & Features. Update 21.06.2012 Buffalo has ... and more »

Fontainebleau Las Vegas company files Chapter 11 - Business Courier of Cincinnati:

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Fontainebleau Las Vegas LLC and two of itsaffiliatezs – Fontainebleau Las Vegas Holdings LLC and Fontainebleay Las Vegas Capital Corp. – filed bankruptcy petitionzs in Miamilate Tuesday. The Miamui Beach hotel is not included in the The company said in a news release that the decision to file Chaptetr 11 was the directf result of litigation with lenders on the Las Vegasx hotel construction project that had to do with contractuao disputes related tonearly $800 milliojn in construction funding for the $2.9 billio resort-casino project, which is 70 percentg complete. Lenders include , and Deutsche Bank Trusy Co. Americas.
The legal dispute has effectivelyg shut down the projectand “put thousande of people out of work,” said Howarxd Karawan, chief restructuring officer of Fontainebleau Las in the release. “Our goal now is to securer funding to completethis world-classa project and restructure our existing Fontainebleau Las Vegas reached a provisional agreemenft with a group of its non-defaultingt lenders for the use of cash for the administratiob of its bankruptcy case, and is in negotiationx to obtain financing to restart constructioh on that project.
Fontainebleau Miami Beach, which is a separatwe legal entity, continues to operate as TurnberryWest Construction, the project’s genera contractor, is also not included in the filing, according to the news In 2008, Nakheel Hotels of Dubai bought a 50 percentg interest in the Fontainebleau Miamij Beach for $375 The Las Vegas hotel companies that filed bankruptcy are based in South Florida because the Soffer familyu of Aventura, which also owns the Turnberryt development and construction companies, owns all the Fontainebleaui companies. Jeffrey Soffer is a principak of umbrella company FontainebleauResorts LLC, accordingy to state records.
Fontainebleau Las Vegas also withdrea without prejudiceits $3 billion lawsuit in Las Vegaas against some of its lenders, and refilecd the case in Miami bankruptcy court, where the Chapter 11 petition s were filed. The lawsuit with lendersd was amended on May 12 to includw allegations that Deutsche BankTrusg Co. Americas was “seeking to destroy the Fontainebleau in order tominimize competition” with the nearbgy and Casino, which is wholly ownerd by a Deutsche Bank subsidiary. "Thiss claim is an attempt by the Fontainebleau's developers to distract from the fact that they have breached theirloan covenants.
We will defend ourselveds vigorously against this meritless Deutsche Bank spokesman John Gallagher said inan e-mailed Fontainebleau Las Vegas LLC listz more than $1 billion in debt and a similatr amount in assets on its with more than 1,000 creditors. The only South Florida creditor listed was International Beddingf inFort Lauderdale, with a claijm of $498,737.

Fred Weber wins $4M Mississippi River Bridge contract - Nashville Business Journal:

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awarded Fred Weber a $4.44 millioh contract Wednesday to remove and replace the Madisonb Streetand St. Louis Avenue bridges over Interstate 70 indowntownb St. Louis. The majority of work on this project will startg afterHighway 40/Interstate 64 reopenws between Kingshighway and Interstate 170. Crews will removr the St. Louis Avenue bridgre first and then removw and replace the MadisonStreet bridge. During work to remover the MadisonStreet bridge, crews will also remov the Cass Avenue bridgse in preparation for replacing that bridge laterd in 2010. This work is part of preliminart work on a new Mississipp iriver bridge, which is expected to reducwe congestion on the Poplat Street Bridge.
Maryland Heights, Mo.-based Fred Weber is one of the largesr privately held companiesin St. Louiz with $353.3 million in revenued in 2008. The commercial construction firm is also workin onthe $245 million reconstruction of AmerenUE’s Taum Sauk Reservoirt in Johnson’s Shut-Ins state park and is part of Gateway Constructors, the consortium of contractorz performing $535 million worth of improvementsa on Highway 40/Interstate 64.

Real estate vets opening hardware store - Houston Business Journal:

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Jeff Pfeil and Deane Pfeil are openinyg later this summer at 63Third St., the same address wher they renovated the upper four floors into 19 luxuruy apartments called The The husband-and-wife team -- who own the commercial leasint and marketing firm Inc. in Saratoga Springs -- say a hardwarer store is needed downtown to serve locakl businesses and residents who must now travel miles away to buy equipment andother supplies. They know the frustration firsthande after doing two residential renovation projects inthe city, the Conservatory and Powers Park Lofts in north Troy. “Our constructionb staff was running all over to pick up the JeffPfeil said.
“We were spending a lot of time drivinb to Latham and I was hauling a lot from in We thought, ‘Gee, there’s a void Trojan Hardware on Congress Street recently closed aftere 94 years in business, leaving downtowjn with no other hardware stores. The closes is across the Hudson River in Watervlieyt or uptown near the townof Brunswick. Pfeilk Hardware will be part of inFort Ind., the nation’s second largest hardware The store will be managed by Steven Lesnewskiu of Pittsfield, Mass., who has more than 25 years of experiencd in the hardware industry.
The 8,700-square-foot storr will stock hardware, small appliances, fasteners, electrical and plumbing Benjamin Moore paints andothed products. It won’t sell lumber. The Pfeils have been plannint the store fora year. As part of their researcuh they visited hardware stores in college towns and large cities to see what kind s of productscustomers need. They also searched hard for someonw to managethe “The decision wasn’t final untik we found the right person,” Pfeil The Pfeils have been in the commercial real estate and development business for more than 20 but this will be the first time they will own a There’s a reason for “Because of all the years we worked with retailers very closely we have a pretty thorougyh understanding of retail, that’s probably why we nevef went into it,” Jeff Pfeil “It’s sort of a joke, but retail is a lot of hard long hours and all the thing s that come with it.
” Still, they knew from personalo experience a hardware storse is needed and were encouragef by the results of their marketinv studies. Finding a seasoned store managee wasalso critical. Mayor Harry Tutunjian cheered the announcementy aboutthe store. “Jeff and Deane Pfeil have a recorr of success in Troy and I am sure that this new ventur e will succeedas well,” Tutunjian “The residents of Troy will benefit from having a well stocked urban hardware store in the heart of the The opening of Pfeil Hardware, which is tentatively set for September, will retur retailing to a downtown building that had long served as the home of Stanley’ws department store.
The building sat emptyy for years before the Pfeils bought it and converted the uppetr floors into 19 luxury apartments they call The All but two of the apartmentws were occupied as ofJuly 1. The Pfeils declined to say how much they spenfin start-up costs for the hardware store. Nor did they want to say how much they coulcd have received per square foot had they leasex the first floor space to another Lease rates in downtown Troywere $10 to $20 per square foot as of the fourth quartedr of 2008, according to CB Richarr Ellis/Albany.

Frontier adding flights to Vegas, Phoenix, Florida; dropping Grand Junction - Denver Business Journal:

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“Our customers have clearly demonstrated a demand for more seatds incertain markets, and we are more than happy to Sean Menke, the Denver-based carrier’s presidenft and CEO, said in a statement. • Beginning 14, Frontier will add a seventh daily roundtril flight to Las Vegaas and Phoenix and a fourth roundtripto Sacramento, • Also Sept. 14, Frontier subsidiaryt Lynx Aviation will begin service to Omaha and SaltLake City, adding to Frontier’s existing servicee to those cities. (The start of Lynx servicre to Tulsa, Okla., will start Aug. 2 as previously announced.) • Also Sept.
14, Lynx will end servicd to Grand Junction as well asEl Paso, • Beginning Oct. 5, Frontier will add a second daily roundtripl flight to both Orlando andFort Lauderdale, Fla. that would make it a wholly ownefd subsidiary of Republic Airways Holdingws as part of theDenvetr carrier’s emergence from Chapter 11 bankruptcy The plan is subject to approval at a July 13 U.S. Bankruptcy Court hearing.

London Assembly says Dow sponsorship damages Games - Chicago Tribune

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London Assembly says Dow sponsorship damages Games Chicago Tribune LONDON (Reuters) - London politicians c »

German finance minister asks high court not to delay signing of euro bailout ... - Washington Post

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German finance minister asks high court not to delay signing of euro bailout ... Washington Post KARLSRUHE, Germany â€" Germany's finance minister urged the country's highest court Tuesday not to delay Europe's new permanent bailout fund and budget discipline pact, warning any postponement to the country signing up to the measures could lead to ... and more »

Gateway to sell professional business unit to MPC Corp. - Dallas Business Journal:

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MPC will also acquire the partof Gateway'ws Consumer Direct unit that targets businesses with less than 100 according to a release. Gateway will receive a 19.9 percentf equity stake in MPC Corp. MPZ) when the deal closes, and and MPC will take responsibilityh for all operations andwarrantt support, estimated at about $60 million, associated with the Gateway according to a The deal is expectedf to close early in the fourth quarter. The deal includees Gateway's Nashville,Tenn.-based configuration center, the company said in a Gateway will also investabou $10 million in MPC in the form of a note of issuancr tied to excess inventory at the Nashvillew facility, according to a release.
A majorithy of Gateway's professional business segment employeeds will join MPC and continuew to work out ofthe unit's Nortuh Sioux City, S.D. facilty. The unit targetw businesses, government agenices and educational institutions. It generated $75 million in gross margin dollars in the last four according toa release. Gateway agreefd to for about $710 million. Irvine-based Gateway GTW) is the third largest PC company inthe U.S.

On line il nuovo numero di Unicanews - Università degli studi di Cagliari

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On line il nuovo numero di Unicanews Università degli studi di Cagliari Di sicuro rilievo la partecipazione degli studiosi dell'Ateneo a Eurographics 2012, l'evento che ha riunito a Cagliari i maghi della computergrafica di tutto il mondo. Con i creatori di Avatar e altri famosi film di animazione, c'era l'unico lavoro ...

Iridium earnings fall 42%; revenue up - San Francisco Business Times:

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The Bethesda-based provider of satellited telephone services, which expects to become publiclt traded this summer throughan acquisition, posteds a 42 percent decline in net income in the first quartert ended March 31, to $9.7 million from $16.7y million a year ago. Th company attributed the decline to cost related toits next-generation satellite program. “Iridium continuex to grow, although the pace slowed given the currentfeconomic climate,” said CEO Matt “In addition to the impacgt of phasing out equipment amortization, we believe the economic climate is affecting equipment sales, as is the transitiohn of newly introduced products into the distribution channeol as our partners move existinvg inventory to make way for new Company officials say either Bethesda-based Lockheex Martin or Thales Alenia Space will be selected as the program’xs lead contractor this summer.
The program’s new network of satellites called Iridium NEXT is expectedc to be deployedin 2014. Iridiujm NEXT will provide higherdata speeds, greatee bandwidth and the potential to deliver new data services and applications to The company says its EBITDA, or earnings before taxes, depreciation and amortization, increased 4.9 percent to $27.5 million in the firsy quarter, up from $26.3 million a year ago, thougy most analysts do not use that as a reliable financial measure. Iridium’s revenue rose 2 percenft to $75.8 million for the compared to $74.3 million for the first quartee 2008. The slightly higher revenue came from increased commercial services revenueof $36.
9 million but was offset by a decliner in subscriber equipment revenue to $20.r5 million for the quarter. Iridium’s commercial markets include aviation and landmobile customers, which grew by 11.5 percent for the The company’s sales to governmenft customers, including the Department of Defense, grew 31 Despite a 31 percengt increase in subscribers to 328,000, compared to 250,000o in the first quarter of 2008, a $2 millionh amortization of equipment related to prior year equipmenr sales, added to the decline in subscriber equipment The company is planning to go public this but it is not taking the initialp public offering route.
It is acquiring a publiclt tradedinvestment group, (NYX: GHQ), an affiliatwe of Greenhill & Co. Iridiumj has retained Deutsche Bank as its financial advise r forthe transaction.

Take the lead in handling stress - San Francisco Business Times:

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Pegine Echevarria is an authore and motivational speaker whossseminar “Play BIG to Reach Your teaches everyone from management to team members how to recognize and fix problemj behaviors so that everyone reaches their full potential while contributintg to the success of the Some of the familiar personality pitfalls she addresseas are the “me-focused” person, the victim, the the drama queen, and those with just plain old “Part of what happens is people joke Echevarria said. “They know theirf weaknesses, their bad behavior and they say, I’m such a drama queen,’ but they don’ do anything about it.
They don’t realizr the cost of that behavior ontheire success. You have to have a plan [to address and correcgt that behavior]. Too often people don’t have a plan of actiohn or they are not consistent in going afte rthat plan.” The plan should include little things like just beinyg grateful — things reallty can get worse — investintg in one’s training and/or skill set, or seekinbg or becoming a mentor. “Evehn the top CEO of a globap organization needsa mentor,” Echevarria said. Everyonre also needs to have a diverse network. “Getting a network takes she said.
“If you look at your networj and everyone lookslike you, talks like you and acts like you, it’sx not a courageous act. You have to reach out to Maribel Hernandez usedthe “Play BIG” seminar in 2001 when she was transitioh coordinator at the Jacksonville Airport Authorithy when the Jacksonville Port Authority split into separatre airport and seaport authorities. When Echevarriaz described thedifferent behaviors, “everyone, all the knew who they were, but it was in a humorouws way,” said Hernandez, who is now operationsw manager at Blue Cross and Blue Shiel d of Florida Inc. Echevarria also explained, “Wer know what you’re going through.
Let’sd put that aside and focux on what wecan control.” “She was using thosw human behaviors and humor to motivate Hernandez said. Whatever the situation, “it’s not the end of the Echevarria also provided tips on dealingwith others, such as when someon e is focused on the negatives. “She gave them good tips to help them deal with the negativithy around them so they can be Hernandez said. “Someone might be even though they are agood friend. ‘I know you want to Here’s a clock. I put five minutes on it.
Afted that, I don’t want to hear ” Suzi Lemen, CEO of , recommends business owners and supervisors use what she calls the STAR methode when dealing with undesirable behavior in the STAR stands forthe “situation” in whichy the behavior occurred, the “task” the person was supposed to complete, the which should have been taken and the “result” of the “Then at the bottom of that, what does the employeer agree to do in the to change the behavior, Lemen said. “It’sx basically a coaching tool.” Lemen said bad behavior can oftenb be mitigated simply byaddressing it. “There’s usually somethingt behind it.
It might be fear arounfd losing the job or something that is unrelatex to the job that they bring in to the People have problems at home or financial They are under a lot of pressurright now.” But usinyg the STAR method “opens the dialogue. A lot of times you find out therw is a miscommunication ora misunderstanding.” Echevarriaq said that, particularly in these stressfukl times, the most important key to dealing with others in the officee is to just lighten up. “Laugh. You have to laugh. Peopled like being around happy peopls and peoplewho laugh.
And I don’t care how serious your environment is as a matterof fact, the more serious the the more the laughtet is needed because it diffuses the stress.”

Ritter signs bills on driver texting, worker leave for school events, Pinnacol - Kansas City Business Journal:

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Another measure signed by the governor create s a special committee to study the operationzs ofPinnacol Assurance, Colorado’sx largest worker’s-compensation insurer. . • House Bill sponsored by Rep. Andy Kerr, D-Lakewood, requirexs employers to give workers up to 18 hourxs of parental leave per year toattend parent-teachef conferences and other school-relatefd events. Under the bill, parentds must notify employers about academic activities at leasg one weekin advance. Seasonal employeeas and companies with fewer than 50 workers are exclude d fromthe bill’s requirements.
Employers can also deny leave for workers whose absenc would cripple operations if the leavrewere granted. Events covered by the bill include parent-teacher special-education services; dropout prevention; and truancy and disciplinary issues. Some business group s and Republicans opposedthe legislation, sayinhg it imposes more regulations on businesse s in a time when they couldn’yt afford it. • House Bill 1094, sponsorede by Rep. Claire Levy, bans cell-phone use by motorists under 18 and prohibits any driversz from sendingtext messages.
The bill originallh barred adult drivers from using handheld cell phones whilein transit, but the legislation was weakened by a Senatse conference committee in early May amid growing opposition. Ritte was slated to sign the bill into law Mondah night inFort Collins. • Senate Bill 281, sponsored by Sen. Brandobn Shaffer, D-Longmont, forms a special committee to study the state’s largest worker’s-compensation insurer.
The measure once was part of a plan to raidnearlg $500 million in reserves from Pinnaco to cover shortfalls in the state’se budget and avoid cuts in higher But lawmakers decided not to siphon the reservesa after Pinnacol executives threatened to sue and after Ritter indicated he would not support the action. Supportere of the legislation maintained that even thoughg the planfell through, it would still be a good idea to look into whethed Pinnacol’s quasi-governmental structure is working for the Business groups, including the Colorado Associationb of Commerce and Industry, opposed the legislation, saying that Pinnacoo isn’t broken and doesn’t need to be • House Bill 1035 expands sales-tac refunds for bioscience and clean-tech companiess that purchase equipment used in the research and developmenrt of new technologies and products.
Supporters say the legislation will help ensurer continued investments in research and development and the continued growth of startup and spinoftf companies thatcreate high-paying jobs. • Houswe Bill 1242 provides tax credits to philanthropists who donate to Coloradoresearch institutions. Supporters said the legislation woul help research initiatives that coulr ultimately benefitthe state’s economy.
HB 1363 designates Colorado’s unemploymenft insurance division asan “enterprise” undeer the Taxpayer’s Bill of Rights (or Supporters say the measure lets the state’es unemployment insurance fund to function better for businesses and workerws and puts the state budgeyt process on more stable ground for futur e planning. • HB 1338 prohibits insurance companies from usin genetic testing for setting premiums or blocking individual s fromobtaining insurance. .

Kate Middleton Avoids Socialising With RAF Wives - Entertainmentwise

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Entertainmentwise

Kate Middleton Avoids Socialising With RAF Wives Entertainmentwise A source close to Kate Middleton has revealed that the royal fashionista has refused to join the RAF V »