sexta-feira, 20 de julho de 2012

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.

quarta-feira, 18 de julho de 2012

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 ...



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terça-feira, 17 de julho de 2012

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.

segunda-feira, 16 de julho de 2012

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.

sábado, 14 de julho de 2012

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.

sexta-feira, 13 de julho de 2012

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.

quarta-feira, 11 de julho de 2012