borislavamcoc.blogspot.com
One of Downtown’s star , has signed a new long-termj lease for 97,000 square feet that will keep the headquarters ofthe nation’xs second-largest movie chain in place at Ten Main 920 Main St. Coming soon: an expansionb by that will takeup 42,0000 square feet at 12 Wyandott e Plaza, an office building at 120 W. 12th St. leases by Kessinger/Hunter & Co. LLC is the leasinh company for TenMain Center, which boughtt for $13.75 million three years ago. Tom Volini of representec the tenants in both new downtownofficr deals. AMC spokesman Justin Scott declined to disclose the lengthh of the new lease at TenMain Center, where AMC moved in 2002.
But he acknowledgexd that the company’s long-term commitment to Downtown played a role in its The $850 million downtown entertainment district being developeds by is the heir to AMC founder Stan Durwood’w longtime dream of revitalizing Downtown, and AMC and Cordish are partners in a joint venturr to restore and operate two signature theaters in the Before AMC’s decision to stay put, its 300-employee headquarterxs operation had been discussed as a potential anchofr for a new downtown office building, such as the one propose northeast of 13th Streetr and Grand Boulevard by a group tied to developers .
But otherd involved with the downtown office marke are glad AMC scrapped thatstory line. “I’m thrilled that a high-quality companh like that is staying where theyare Downtown,” said Buzz CEO of , whichb owns and manages several downtown “I’m also pleased there’s not going to be anothet new building coming online. There’s a lot of availablre square footage that needz to be filled before we even talkabout that.” Brent Hanson, research serviced manager for Grubb & Ellis/The Winbury said the downtown office vacanct rate at the end of the secon d quarter was 20.2 percent, a slight improvement from 20.
9 percent a year Tim Schaffer, executive vice president of LLC, said news of the AMC and HNTB leasexs meant a continued chipping away at the downtowmn vacancy rate. “All those types of thingsz move us closer to a point in time wher we can justify a new multitenant downtown office Schaffer said. But it wouldr have been detrimental to see such a building catalyzes at the expense of Ten Main he said. “If AMC had left a building of that Schaffer said, “it would have takeb a number of years to backfilol that space.” , meanwhile, has had the oppositd problem at 714 Kirk Drivr in Downtown’s Quality Hill neighborhood.
HNTB’s corporate headquartera moved into theformer 80,000-square-foort building there in 2001 and built a 48,000-square-foo addition and parking garage. But the building is not big enougu to accommodate ongoing growth of HNTB FederalServicews Corp. That unit, which provides architecture and other services for projects of thefederalp government, has added more than 220 employees in Kansa s City, New Orleans and Washington since the beginninbg of the year, “with upwards of 100 open HNTB Cos. spokesman John O’Connell O’Connell said HNTB Federal Servicese Corp.’s Kansas City staff will move to the sixtnh and seventh floors of 12Wyandottee Plaza.
Sunday, June 10, 2012
Friday, June 8, 2012
Duke, CFO study: CFOs foresee more job cuts, credit woes - Birmingham Business Journal:
disadvantage-unlimited.blogspot.com
The quarterly Duke University/CFO Magazine Global Businesss Outlook Surveyasked 1,309 CFOs worldwide abou t their expectations for the economy. Their answerx paint a gloomy picture for the rest ofthe * CFOs in the U.S. and Europ e expected employment to shrinkby 5.5 percent, with the unemploymenyt rate in the U.S. seen rising to perhaps as high as 12 percenr in the next 12 Employment in Asia is expectecd to recedeby 1.2 percent.
“Presumably, government programa will offset some ofthese losses, but even the most optimisticv government forecasts would reduce the lossew by only 2 million,” said Campbell Harvey, foundingv director of the surveyy and international business professor at Duke’s Fuqua Schooll of Business. “We’re facing the possibilit of another 4 millionlost * U.S. and European CFOs foreser capital spending plunging by more than10 percent. In Asia, CFOs anticipat e a 3 percent decline. * Six in 10 U.S.
companiews covered by the survey reported having trouble findingf credit or acquiring credit at a reasonable Among those firms encounteringcredit impediments, 42 percenty say the credit markets have gotten worse this while 23 percent say conditions have improved. * Weak consumerr demand and the credit markets ranked as the top two externaol concernsamong U.S. chief financial officers, with the federalo government’s policies coming in third. Amongy internal concerns, CFOs are losing the most slee p over their inability to plan due to economic managingtheir companies’ capital and liquidity, and maintaining employee morale.
Despitee all the negative indicators, a majority of the CFOs in the Unitedc States and Asia reported being more optimistic this quarter than they were theprevious quarter. That was not the case in where only 30 percent of the CFOs said they were more compared to the 31 perceng who said they wereless “Our survey carries an important message: Don’t put too much weight on the ‘soft’ data like consumer Recovery requires sustained confidence, and such confidence is forged by strongetr economic fundamentals,” Harvey said. “The economic fundamentals – - employment, capital spending, the cost of credit are stillfundamentally troubling.
” To see the complets survey results, go to the official Web site, .
The quarterly Duke University/CFO Magazine Global Businesss Outlook Surveyasked 1,309 CFOs worldwide abou t their expectations for the economy. Their answerx paint a gloomy picture for the rest ofthe * CFOs in the U.S. and Europ e expected employment to shrinkby 5.5 percent, with the unemploymenyt rate in the U.S. seen rising to perhaps as high as 12 percenr in the next 12 Employment in Asia is expectecd to recedeby 1.2 percent.
“Presumably, government programa will offset some ofthese losses, but even the most optimisticv government forecasts would reduce the lossew by only 2 million,” said Campbell Harvey, foundingv director of the surveyy and international business professor at Duke’s Fuqua Schooll of Business. “We’re facing the possibilit of another 4 millionlost * U.S. and European CFOs foreser capital spending plunging by more than10 percent. In Asia, CFOs anticipat e a 3 percent decline. * Six in 10 U.S.
companiews covered by the survey reported having trouble findingf credit or acquiring credit at a reasonable Among those firms encounteringcredit impediments, 42 percenty say the credit markets have gotten worse this while 23 percent say conditions have improved. * Weak consumerr demand and the credit markets ranked as the top two externaol concernsamong U.S. chief financial officers, with the federalo government’s policies coming in third. Amongy internal concerns, CFOs are losing the most slee p over their inability to plan due to economic managingtheir companies’ capital and liquidity, and maintaining employee morale.
Despitee all the negative indicators, a majority of the CFOs in the Unitedc States and Asia reported being more optimistic this quarter than they were theprevious quarter. That was not the case in where only 30 percent of the CFOs said they were more compared to the 31 perceng who said they wereless “Our survey carries an important message: Don’t put too much weight on the ‘soft’ data like consumer Recovery requires sustained confidence, and such confidence is forged by strongetr economic fundamentals,” Harvey said. “The economic fundamentals – - employment, capital spending, the cost of credit are stillfundamentally troubling.
” To see the complets survey results, go to the official Web site, .
Thursday, June 7, 2012
Nutrisoda returns bigger, shinier - Kansas City Business Journal:
xosawewaqa.wordpress.com
Ardea has scaled back distributionn of thenutritionally enhanced, carbonated beverage as it triesw out a new look and can size meanf to give it more mass-markert appeal. The pastel-colored, 8.4-ouncwe cans are gone, replaced by standard-size, 12-ounce cans with a silver color. Since May, Ardea only has been sellinfg the drink online and at stores intwo pilot-projectt areas — the Twin Citiesa and San Diego — and has halver the number of flavors to If sales go well, it will expancd to other markets late this year.
“We think the packaging and marketinyg materials we have put together have made it a much more widelgaccepted product, while before it was reallyg a niche product,” said Richard Wilson, Ardea’s presidenty and general manager. Nutrisoda sale in 2008 were 30 percent less than the year as large retailers suchas Minneapolis-basef Target Corp. and Montvale, N.J.-based The Great Atlanti & Pacific Tea Co. Inc. (a regional grocef better knownas A&P) stopped carryingf the beverage. Ardea — which moved its headquartersw from Hopkinsto Schaumburg, Ill.
, aftetr Minneapolis-based PepsiAmericas acquired it in 2006 retained Minneapolis advertising firm Hunt Adkins to conducy focus groups to find out how to give Nutrisodw more appeal. The firm concluder the beverage was too closely associated with energt drinks and too limited to a core marketof health-conscious adults. One of Hunt Adkins’ major conclusiond was that the drink should be selling in a traditionalp soda can if it was to widen itscustomert base. The plan had an added bonus: Ardeqa could save a lot of moneyusing 12-ouncwe cans. That’s because Ardea’s PepsiAmericas, is the world’s second-largest manufacturer, seller and distributore of PepsiCo Inc.
beverages, and has easy access to 12-ouncw aluminum cans. By dropping a canning deal with Cold Springf Brewery in Cold Spring and insteafd using a PepsiAmericas facilityin Urbandale, Iowa, Ardea now is able to sell Nutrisods for 50 to 60 percent less per ounce. Wilsob said an 8.4-ounce can of Nutrisodaz used to sellfor $1.79. The 12-ounce can sellss for 99 cents. Six-packs sellingh for less than $5.99 are expected soon. “Everybody is looking for a good-value scenari where they can find Wilson said. Besides the can size and price, Ardea also has sought to make the soda more attractive to a mass market by giving the formula astrongert flavor.
The company is spending more than $1 million to show off the new Nutrisodqon billboards, public busses and a lighrt rail train. There’s also a bicycle-pulledr soda station showing up at including a recent MinnesotwaTwins game. The campaign’s message is that the drink is i.e. “healthy” and “bubbly.” John Sicher, editoer and publisher of the biweekluBeverage Digest, said it will be up to the consumerd to decide whether the rebranding pays off. But he said even majord soda brands, such as Pepsi, have to be refresherd from timeto time. “Keepintg brands current and relevant and fresh for consumerzs isvery important.
”
Ardea has scaled back distributionn of thenutritionally enhanced, carbonated beverage as it triesw out a new look and can size meanf to give it more mass-markert appeal. The pastel-colored, 8.4-ouncwe cans are gone, replaced by standard-size, 12-ounce cans with a silver color. Since May, Ardea only has been sellinfg the drink online and at stores intwo pilot-projectt areas — the Twin Citiesa and San Diego — and has halver the number of flavors to If sales go well, it will expancd to other markets late this year.
“We think the packaging and marketinyg materials we have put together have made it a much more widelgaccepted product, while before it was reallyg a niche product,” said Richard Wilson, Ardea’s presidenty and general manager. Nutrisoda sale in 2008 were 30 percent less than the year as large retailers suchas Minneapolis-basef Target Corp. and Montvale, N.J.-based The Great Atlanti & Pacific Tea Co. Inc. (a regional grocef better knownas A&P) stopped carryingf the beverage. Ardea — which moved its headquartersw from Hopkinsto Schaumburg, Ill.
, aftetr Minneapolis-based PepsiAmericas acquired it in 2006 retained Minneapolis advertising firm Hunt Adkins to conducy focus groups to find out how to give Nutrisodw more appeal. The firm concluder the beverage was too closely associated with energt drinks and too limited to a core marketof health-conscious adults. One of Hunt Adkins’ major conclusiond was that the drink should be selling in a traditionalp soda can if it was to widen itscustomert base. The plan had an added bonus: Ardeqa could save a lot of moneyusing 12-ouncwe cans. That’s because Ardea’s PepsiAmericas, is the world’s second-largest manufacturer, seller and distributore of PepsiCo Inc.
beverages, and has easy access to 12-ouncw aluminum cans. By dropping a canning deal with Cold Springf Brewery in Cold Spring and insteafd using a PepsiAmericas facilityin Urbandale, Iowa, Ardea now is able to sell Nutrisods for 50 to 60 percent less per ounce. Wilsob said an 8.4-ounce can of Nutrisodaz used to sellfor $1.79. The 12-ounce can sellss for 99 cents. Six-packs sellingh for less than $5.99 are expected soon. “Everybody is looking for a good-value scenari where they can find Wilson said. Besides the can size and price, Ardea also has sought to make the soda more attractive to a mass market by giving the formula astrongert flavor.
The company is spending more than $1 million to show off the new Nutrisodqon billboards, public busses and a lighrt rail train. There’s also a bicycle-pulledr soda station showing up at including a recent MinnesotwaTwins game. The campaign’s message is that the drink is i.e. “healthy” and “bubbly.” John Sicher, editoer and publisher of the biweekluBeverage Digest, said it will be up to the consumerd to decide whether the rebranding pays off. But he said even majord soda brands, such as Pepsi, have to be refresherd from timeto time. “Keepintg brands current and relevant and fresh for consumerzs isvery important.
”
Wednesday, June 6, 2012
IRS charges former Mercury Interactive exec with tax evasion - Sacramento Business Journal:
shelly-polymer.blogspot.com
Sharlene Abrams, then a resident of Los was charged withthree counts: one over her personal 2001 tax filin and two for her part in the "falses and fraudulent" filings of Amnon then Mercury's chief executive, and Kenneth then its chief operations officer. Mountain View-based Mercurty Interactive eventually paida $28 million fine to settle a civil complaintr by the Securities and Exchange Commission, as well as a payment of $117.5 millioj to pension funds to settle a clasa action over the misdated options. Mercuryh Interactive, which was later acquired by Palo Alto-basexd (NYSE: HPQ), was one of the firsf companies cited in connection with manipulation ofstocok options.
H-P employs thousands in Roseville. The complaint, filedf in U.S. District Court for the Northermn Districtof California, said Abrams "orchestrated the backdatinh of stock option exercise dates for herself, Landanh and Klein in order to reduced the income taxes."
Sharlene Abrams, then a resident of Los was charged withthree counts: one over her personal 2001 tax filin and two for her part in the "falses and fraudulent" filings of Amnon then Mercury's chief executive, and Kenneth then its chief operations officer. Mountain View-based Mercurty Interactive eventually paida $28 million fine to settle a civil complaintr by the Securities and Exchange Commission, as well as a payment of $117.5 millioj to pension funds to settle a clasa action over the misdated options. Mercuryh Interactive, which was later acquired by Palo Alto-basexd (NYSE: HPQ), was one of the firsf companies cited in connection with manipulation ofstocok options.
H-P employs thousands in Roseville. The complaint, filedf in U.S. District Court for the Northermn Districtof California, said Abrams "orchestrated the backdatinh of stock option exercise dates for herself, Landanh and Klein in order to reduced the income taxes."
Monday, June 4, 2012
NY Suit Over 'Spider-Man' Musical Airs in Court - ABC News
ivyhofy.wordpress.com
ABC News | NY Suit Over 'Spider-Man' Musical Airs in Court ABC News A judge warned lawyers at the end of a two-hour hearing Friday that she may narrow the scope of a lawsuit stemming from the Broadway production of "Spider-Man." US District Judge Katherine Forrest said she had not yet decided whether to eliminate from ... Suit Over 'Spid er-Man' Musical Airs in Court |
Saturday, June 2, 2012
LCA-Vision might close more surgery centers in '09 - New Mexico Business Weekly:
ejyceh.wordpress.com
The news sent shares of LCA LCAV) down sharply duringy late-morning trading. But the 10 percentt dip, which brought shares to was followed by a Shares in LCA closed up about 1 or8 cents, to $6.51 Tuesday. “Procedure volume in Aprilo and May has declined approximately 45 percengt from the comparable period last year and we currently anticipate continued softnessthroughout 2009,” said LCA-Vision Chairmamn Anthony Woods, who was among six directorsx re-elected to the company’s boarc at the annual meeting, held at the Queen City Club downtown. Wood said the compan y might reduce spending on marketing this year andclose “underperforming vision centers.
” Complaints aboutr cost-cutting gave rise to takeover attempt by LCA-Vision founder Dr. Stephehn Joffe, whose investment group acquired an 11 percent stake in the companty and floated its own slate of The Joffe group terminated its reform effort in March and Joffe has since sold more than half of his In additionto re-electing six shareholders rejected a rights plan that makez hostile takeovers more difficult.
The news sent shares of LCA LCAV) down sharply duringy late-morning trading. But the 10 percentt dip, which brought shares to was followed by a Shares in LCA closed up about 1 or8 cents, to $6.51 Tuesday. “Procedure volume in Aprilo and May has declined approximately 45 percengt from the comparable period last year and we currently anticipate continued softnessthroughout 2009,” said LCA-Vision Chairmamn Anthony Woods, who was among six directorsx re-elected to the company’s boarc at the annual meeting, held at the Queen City Club downtown. Wood said the compan y might reduce spending on marketing this year andclose “underperforming vision centers.
” Complaints aboutr cost-cutting gave rise to takeover attempt by LCA-Vision founder Dr. Stephehn Joffe, whose investment group acquired an 11 percent stake in the companty and floated its own slate of The Joffe group terminated its reform effort in March and Joffe has since sold more than half of his In additionto re-electing six shareholders rejected a rights plan that makez hostile takeovers more difficult.
Friday, June 1, 2012
Brooke School Budget Prudent - Wheeling Intelligencer
xoqylyjibo.wordpress.com
Brooke School Budget Prudent Wheeling Intelligencer That is prudent and may, in the long run, save taxpayers money. By holding the line on spending and planning wisely for use of the gas drilling money, Brooke County board members are serving taxpayers, in addition to students, well. |
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