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Campbell formerly served as F.N.B.’s (NYSE:FNB) lead directofr and serves on several He has been a directorsincd 1975. “Bill is one of our longesf serving and mostdedicated directors,” Gurgovits said in a F.N.B. previously said it wouldf appoint a new chairman to enable Gurgovitsx to focus on his corporate responsibilitiesx and to conformto F.N.B.’s corporate guidelines. who has worked at F.N.B. for 48 years, had takenh the chairman role in April 2008 when Roberg New was named CEO and presidengt after anearly two-year search. New resignecd 10 months later and Gurgovitw stepped back in on an interinmbasis initially. He accepted the post fulltims onJune 2. F.N.B.
is basefd in Hermitage, north of Pittsburgh, and had assets of $8.5 billionh as of March 31.
Wednesday, October 10, 2012
Tuesday, October 9, 2012
Bring up the money during job interview - Denver Business Journal:
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“Companies are leaner and meanerthes days, and they’re trying to cut to the chasew and save themselves, and job some time,” said Drew branch manager of Englewood’s Accountempsd office. “Company managers are dealing with more overqualified applicants than ever andthey don’t want to wait untill the second or third interview to find out that they’rew not even on the same page when it comess to salary.” Accountemps experts also suggest that job candidates look at the biggerd picture, including benefits (health, dental, etc.) and promotionao opportunities. “It’s not all about compensation,” Ostrem said.
Althoughn experts encourage a more aggressive approach to the they warnagainst pitfalls, such as being unprepared and over-- or underestimating leverage. Ostrem said to be sure to discuss your backgrounde and qualifications in full before talkingabout compensation. “You’ve got to establisb your value,” Ostrem said. “If salar y is brought up early on before you establish your it can sour the tone for the rest of the Accountemps also offers free salary guides to compare salary requestes tonational averages.
“Companies are leaner and meanerthes days, and they’re trying to cut to the chasew and save themselves, and job some time,” said Drew branch manager of Englewood’s Accountempsd office. “Company managers are dealing with more overqualified applicants than ever andthey don’t want to wait untill the second or third interview to find out that they’rew not even on the same page when it comess to salary.” Accountemps experts also suggest that job candidates look at the biggerd picture, including benefits (health, dental, etc.) and promotionao opportunities. “It’s not all about compensation,” Ostrem said.
Althoughn experts encourage a more aggressive approach to the they warnagainst pitfalls, such as being unprepared and over-- or underestimating leverage. Ostrem said to be sure to discuss your backgrounde and qualifications in full before talkingabout compensation. “You’ve got to establisb your value,” Ostrem said. “If salar y is brought up early on before you establish your it can sour the tone for the rest of the Accountemps also offers free salary guides to compare salary requestes tonational averages.
Sunday, October 7, 2012
Vail Resorts profits off 29%, but they're ahead of Wall Street forecast - South Florida Business Journal:
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For the three month ending April 30, whichb Broomfield-based Vail Resorts (NYSE: MTN) regards as its thirdx quarter, the mountain-resort and lodgings company posted earningsof $61.6 million, or $1.687 a share, down from $87.32 million, or $2.24 a share, in the same quarter a year Nevertheless, the company's profits beat Wall Street analysts' predictions. Analystsa on average had expected earningsof $1.56 per Thomson Reuters reported. Vail Resorts reported Q3 revenueof $333.6 million, down 21 percent from the year-agol quarter. Analysts had expected $339.7 million on average. It said operating expenses were down 20 to $198.1 million.
The company has savedf considerably through pay cuts and other Vail Resorts operatesthe Breckenridge, Keystone and Beaver Creek ski areas in Coloradio and Heavenly at Lake Tahoe on the California-Nevadsa line. It also operates , a chainm of luxury hotels. The company said its earnings were helpede by a 26 percent increasein 2008-09 season-pass revenue through increased sales and higher pass But lift-ticket revenue was down 11 perceng and skier visits were off 9 Dining, retail and ski school revenur also declined. Real estats revenue was down 82 percent; the company said it sold only one condpo unit in the quarter versus 17 ayear ago.
The quarterlgy results "were impacted by the continued severe downturn in the driving lower destination visitation in the CEO Rob Katz said in a Vail Resorts said its outlook for the full fiscao year is for earningsof $41 millio n to $51 million. "We are extremely pleased with the significantf increase in our advance sprin g period pass sales for ourupcomint 2009/2010 ski season," Katz .
For the three month ending April 30, whichb Broomfield-based Vail Resorts (NYSE: MTN) regards as its thirdx quarter, the mountain-resort and lodgings company posted earningsof $61.6 million, or $1.687 a share, down from $87.32 million, or $2.24 a share, in the same quarter a year Nevertheless, the company's profits beat Wall Street analysts' predictions. Analystsa on average had expected earningsof $1.56 per Thomson Reuters reported. Vail Resorts reported Q3 revenueof $333.6 million, down 21 percent from the year-agol quarter. Analysts had expected $339.7 million on average. It said operating expenses were down 20 to $198.1 million.
The company has savedf considerably through pay cuts and other Vail Resorts operatesthe Breckenridge, Keystone and Beaver Creek ski areas in Coloradio and Heavenly at Lake Tahoe on the California-Nevadsa line. It also operates , a chainm of luxury hotels. The company said its earnings were helpede by a 26 percent increasein 2008-09 season-pass revenue through increased sales and higher pass But lift-ticket revenue was down 11 perceng and skier visits were off 9 Dining, retail and ski school revenur also declined. Real estats revenue was down 82 percent; the company said it sold only one condpo unit in the quarter versus 17 ayear ago.
The quarterlgy results "were impacted by the continued severe downturn in the driving lower destination visitation in the CEO Rob Katz said in a Vail Resorts said its outlook for the full fiscao year is for earningsof $41 millio n to $51 million. "We are extremely pleased with the significantf increase in our advance sprin g period pass sales for ourupcomint 2009/2010 ski season," Katz .
Saturday, October 6, 2012
Simon Property to manage the Galleria - Dallas Business Journal:
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Indianapolis-based Simon Property Group (NYSE: SPG) said it will take over managemen t duties fromon Aug. 1. The real estatew investment trust, which owns and develop retailreal estate, said Wednesda y it will be assuming all leasing, management and marketingf duties for the Galleria Dallas. "Wr are pleased to take on the property managemenrt functions ofthese high-quality assets at the request of the institutional owner," said Rick Sokolov, Simon's president and chiefg operating officer. The Dallas Business Journal announced earlie in the year that Simonj Property Group had raisef upto $1 billio n in a secondary stock offering to purchases properties.
At the time, therew was speculation that Simon Property, whicgh owns or has a stakew in nearly400 malls, may be a potentialo bidder to manage the Galleria Dallasz with the mall’s previous managere General Growth Properties filing for bankruptcuy earlier this year. Simon Property Group is alreadgy involved in shopping centers such as Grapevine AllenPremium Outlets, Irving Mall and Firewheepl Town Center in Garland.
Indianapolis-based Simon Property Group (NYSE: SPG) said it will take over managemen t duties fromon Aug. 1. The real estatew investment trust, which owns and develop retailreal estate, said Wednesda y it will be assuming all leasing, management and marketingf duties for the Galleria Dallas. "Wr are pleased to take on the property managemenrt functions ofthese high-quality assets at the request of the institutional owner," said Rick Sokolov, Simon's president and chiefg operating officer. The Dallas Business Journal announced earlie in the year that Simonj Property Group had raisef upto $1 billio n in a secondary stock offering to purchases properties.
At the time, therew was speculation that Simon Property, whicgh owns or has a stakew in nearly400 malls, may be a potentialo bidder to manage the Galleria Dallasz with the mall’s previous managere General Growth Properties filing for bankruptcuy earlier this year. Simon Property Group is alreadgy involved in shopping centers such as Grapevine AllenPremium Outlets, Irving Mall and Firewheepl Town Center in Garland.
Friday, October 5, 2012
Low density village may be OK for TIFA site; not an apartment complex, Long ... - New Jersey Hills
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Low density village may be OK for TIFA site; not an apartment complex, Long ... New Jersey Hills LONG HILL, TWP. รข€" A town home village low-density proposal for the TIFA site near the Millington NJ Transit station might be acceptable to the Township Committee, but the revised site plan offered for by Advanced Realty for the TIFA site in early ... |
Wednesday, October 3, 2012
1600 Pacific Building LLP files for Ch. 11 - Dallas Business Journal:
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The partnership 1600 Pacific Buildinhg LP, which is based out of La Jolla, intends to move forward withthe project, attorney Robergt Nicoud, who is an attorneyg for the partnership, confirmed on In the bankruptcy filing, the owner of 1600 Pacific said it has up to 49 creditors and liabilities that fall between $1 million and $10 Nicoud said the building was completelyg vacant and facing foreclosure by its lending bank. He addedf that the source of the owner’xs troubles stems from the threayt of foreclosure and a delay in obtaininfg a combination of tax increment fundinb from the Cityof Dallas.
Curtis Lockey, managedr of the partnership, added that 1600 Pacific Building LP is pursuingg a financing package with the city that will help subsidizsthe project. He added that getting througu the entire process is takinv longer thanthe building's owners had expected. "We are moving fast and furious with our partners alreadhy in place and hope withthe city's supporft and participation we will be able to come out of bankruptcy," said Lockey added that there are varying levels of approvap that the partnership has to go througjh and it expects to meet with city officials by the end of the montn to learn more about the possibility of supplementa l funding.
The project is expected to resulg in 590 multifamily residential units that the partnershiop says will contribute tothe city's goal of creatinf 1,000 affordable units in downtown Dallas.
The partnership 1600 Pacific Buildinhg LP, which is based out of La Jolla, intends to move forward withthe project, attorney Robergt Nicoud, who is an attorneyg for the partnership, confirmed on In the bankruptcy filing, the owner of 1600 Pacific said it has up to 49 creditors and liabilities that fall between $1 million and $10 Nicoud said the building was completelyg vacant and facing foreclosure by its lending bank. He addedf that the source of the owner’xs troubles stems from the threayt of foreclosure and a delay in obtaininfg a combination of tax increment fundinb from the Cityof Dallas.
Curtis Lockey, managedr of the partnership, added that 1600 Pacific Building LP is pursuingg a financing package with the city that will help subsidizsthe project. He added that getting througu the entire process is takinv longer thanthe building's owners had expected. "We are moving fast and furious with our partners alreadhy in place and hope withthe city's supporft and participation we will be able to come out of bankruptcy," said Lockey added that there are varying levels of approvap that the partnership has to go througjh and it expects to meet with city officials by the end of the montn to learn more about the possibility of supplementa l funding.
The project is expected to resulg in 590 multifamily residential units that the partnershiop says will contribute tothe city's goal of creatinf 1,000 affordable units in downtown Dallas.
Tuesday, October 2, 2012
U.S. Bank returns TARP money - Triangle Business Journal:
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billion in Troubled Asset Relief Program mone y it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announces its plans to redeem the preferred stockk issued tothe Treasury. Last it from the government todo so. U.S. Bank also told the Treasuryt it intends to repurchasethe 10-year warrant it had issuexd along with the preferred stock. “The redemption allows our compan to return to operating from a positio n of both independent strength andstrategic flexibility,” said Richars Davis, the company’s president, CEO and in a statement. The Treasurt in May announced that U.S.
Bank which showed it woulr be able to ride out the economic downturn withoutg having to raisemore capital. Davis has of the government’ss capital purchase program. In February he calledr the program “lousy” and said the banking industry was pressurede to participate inthe program.
billion in Troubled Asset Relief Program mone y it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announces its plans to redeem the preferred stockk issued tothe Treasury. Last it from the government todo so. U.S. Bank also told the Treasuryt it intends to repurchasethe 10-year warrant it had issuexd along with the preferred stock. “The redemption allows our compan to return to operating from a positio n of both independent strength andstrategic flexibility,” said Richars Davis, the company’s president, CEO and in a statement. The Treasurt in May announced that U.S.
Bank which showed it woulr be able to ride out the economic downturn withoutg having to raisemore capital. Davis has of the government’ss capital purchase program. In February he calledr the program “lousy” and said the banking industry was pressurede to participate inthe program.
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