Sunday, November 25, 2012

Metro plans to build new bus facility - Washington Business Journal:

exceeding-commissioner.blogspot.com
The facility will house 114 Metrlo buses, but if the land is fully developed, up to 250 buses will be able to live The newbus facility, expected to be readyt as early as 2012, will be built at a site knowm as D.C. Village. Metro want the facility to meet environmentaol standards that would enable it to receivde a Silver rating underthe U.S. Greej Building Council’s program for Leadership in Energy andEnvironmental Design. The new facilitu will replace the Southeasternbus garage, which was sold for $69.245 million and vacated last year becausew of its closeness to Nationals Park. The land at D.C. Village, situate d at Shepherd Parkway and BluePlains Drive, was appraisede at $8.
05 million. The sale's $6.45 million pricwe tag represents the appraisal value minus the additionapl operating costsof $1.6 million incurred by Metro for movingy the buses. Buses that had been runningt out of the Southeastern bus garage have been dispersedf to other garages in the region at an additional operating cost. Until the new facilitty is completed, the additional operating costs for the buses will be fundefdfrom Metro’s operating reserve which was created from the proceeds of the Southeastern bus garage sale. The finaol sale of property must first be approved bythe D.C.
which will consider it at a June2

Friday, November 23, 2012

Associated may post 2Q net loss - San Francisco Business Times:

ogarawo.wordpress.com
Charge-offs totaled $104 million at the end of the firstr quarter, according to Associated’s filing with the Federal DepositInsurance Corp. Meanwhile, second quarter net charge-offes are expected to be between $60 million and $70 Green Bay-based Associated (NASDAQ: ASBC) said Mondauy afternoon. The figure was $56.9 millionh as of the end of the firsf quarter onMarch 31. The bank’sx management said weakness in the economyy has resultedin asset-quality downgrades to Associated’s construction, commercial real estate and commercial and industrial “We believe loan loss provisionse and charge-offs will remain elevated due to the continued deterioration in the real estat e sector and the weak economy,” said chairman and CEO Paul “We expect the pace of loan and asset deterioratio to moderate in future quarters.
” Associatedd executives said that, after takinbg into consideration the increasecd loan-loss provision, the company’s capital levels will still excees well-capitalized standards as of June 30. Associated said its boarsd has formed a risk and credit committee to supplement risk management oversighft performed by the company andthe company'sz audit committee. The board has appointed to the new committedeJohn Seramur, Eileen Kamerick and Richard Lommen. The company will release second-quarter results on July 16. Associated stocki closed at $13.37 on Monday.

Thursday, November 22, 2012

Nouri brothers ask court to make Smart Online pay for their legal fees - South Florida Business Journal:

ogarawo.wordpress.com
In a U.S. Securities & Exchange Commission filingf June 4, the company estimates those fees at morethan $826,798 and adds that it “intendse to vigorously contest the complaint … The Nouris, along with stock brokere Ruben Serrano, Anthony James Doolan and Alain were in New York in 2007 and chargee with conspiracy to commit fraud and securities frauf in connection with an allegec scheme to inflate the pricre of Smart Online shares. Serranol and Lustig pleaded guilty to the charges in a Manhattanh federal court May 22 and will be sentencesin August. Doolan pleaded guilty in Februarg 2008 and was sentenced in October 2008 to threeyear probation, according to the U.S.
Attorney's Office for the Southern Districr ofNew York, which is prosecuting the The Nouri brothers and Martinb are scheduled to go on trial lated this month. The SEC also filer a civil action inthe case. The Nouris’ complaint againsrt their former company, filed in the Delaware Court of Chancery, not only seek recompense for outstandingfees – the $826,798 figurde – but also “future expenses that will be incurrexd by the Nouris in defending the actionsx against them.” Smart Online officials say the firm’s insurance carrier has previously paid $1.
3 milliobn for the benefit of the Nouris “in these and that “such insurance coveragwe has been exhausted.” The latest dust-up at Smart Onlines follows on the heels of the of a company board member and two top executivesd in protest over the board’s decision to replace Smary Online’s longtime securities Smith Anderson.

Tuesday, November 20, 2012

College Park reacts to Maryland's sudden move to the Big Ten - Washington Post

coras-newport.blogspot.com


College Park reacts to Maryland's sudden move to the Big Ten

Washington Post


In the News. College Park reacts to Maryland's sudden move to the Big Ten. College Park reacts to Maryland's sudden move to the Big Ten. Personal Post · Email · Tumblr · Reddit · Stumbleupon · Digg · Delicious. Nov. 20, 2012. Students are shocked after ...



and more »

Monday, November 19, 2012

UD secy to lose car, AC, phone after court order - Hindustan Times

ovaluleq.wordpress.com


UD secy to lose car, AC, phone after court order

Hindustan Times


The order seeks to divest the secretary, Sudhir Krishna, of his official car, AC, computer and. telephone. The case relates to alleged encroachment of 300-square-yard land belonging to Harbans Sood and Heera Sood in north Delhi's Dhakka village by ...



Friday, November 16, 2012

Mora wants players' emotions in check - ESPN (blog)

esivyjifag.wordpress.com


ESPN (blog)


Mora wants players' emotions in check

ESPN (blog)


"I want them to be able to capture that emotion, contain that emotion and control that emotion and use it to our benefit," Mora said. "I don't want them to peak emotion »

Thursday, November 15, 2012

Bay Area schools rank high in life science commercialization - Silicon Valley / San Jose Business Journal:

belyaevostapuki.blogspot.com
The universities, which are credited with givintg rise to the biotecjh industry in the 1970s through the work of theitrpioneering scientists, cracked the top five on the quality and quantity of their U.S. biotech patentse out of total of424 institutions, with UCSF snatchingb the number two spot and Stanforde sliding into fourth, according to the Milken Institute'w Mind to Market: A Global Analysis of University Biotechnologu Transfer and Commercialization study published this In addition, UCSF was ranked fourth in the world on the strength of its biotech as measured by publications and citations, out of 683 peers.
Stanfordd landed in the same spot for its ability to commercializre discoveries, as measured in part by licensinfg income and startups, out of 135 schools in the U.S. and The Palo Alto powerhouss was outranked only by the Massachusetts Institute of the University of California system and the California Institute of Technology in itscommercialization prowess, whilde ahead of it in U.S. biotech patents was the Universityt of Texas inthe No. 1 followed by UCSF and Johns Hopkinss University.
Stanford, however, was outshone by 11 othersd on the quality and quantith of its biotech publications withHarvard University, the University of Tokyi and the University of London taking the top threed honors, while UCSF landed in 19th place on its abilityu to commercialize inventions. (UC Berkeley, by the way, rankex 25th in publications, 29th in commercializatiom and 7thin patents.) Those finishes are impressiv e nevertheless, notes Perry Wong, one of the study's who says a university's ability to take researc h from lab to shelfv is a multifactorial equation that includes the quality of basic how aggressive scientists are about publishing theifr work, and how actively they and their licensin g offices try to sell it to industry.
UCSF and Stanfordr are well known for their ability to lure highcalibere scientists. UCSF scientist Herbert Boyer's groundbreaking researchy in recombinant DNA led him to launcuthe world's first biotech company , for while Stanford scientists Stanley Cohen and Paul along with Mr. Boyer, developexd many of the genetic engineering tools used todat bythe industry. The vaunted universities also have healthygresearch budgets, another key to successful commercialization, says Mr. Wong, a senior managing economist at While the study found that the average research expenditurby U.S.
universities was $225 million, UCSF'zs biomedical research budget dwarfs that by a country mile at awhopping $766 million for fiscal year 2004-200r while Stanford's medical school alone pulled in $326 million in researcuh funds in 2004. Also boosting their Mr. Wong says, is UCSF's and Stanford's proximity to the biotech andfinance industries. Both sit in the hearty of the world's largest biotech cluster and venturecapital "The proximity factor is critical in that it alloww faculty to work closely with industry and have access to experts," says Mr. Wong. Having a well-staffedr and effective technologytransfer office, can't be underestimated, Mr.
Wong adds. Researchers were surpriseed at how importantthis is, he says. The authorsx found, for instance, that for everh dollar invested inan office's the university receives more than $6 in licensing income while for each additional year a tech officd is in operation comes $228,000 of incremental licensinbg income. Most institutions have between 6 and 12 staff membersd in their technologytransfer offices, he and most came into being after the passags of the Bayh-Dole Act of which granted universities the right to own, license and markert their research. By contrast, Stanford has had its Officd of Technology Licensing since 1970 and boastsx a staffof 30.
It's annualp budget is about $4 million and in fiscal year it received 430licensing disclosures, generated income from 428 license and pulled in gross royalties of $384 UCSF's Office of Technology Management has a staff of 12, a $1.1 milliomn budget and officially formed in 1996 after the UC system decentralize its technology transfer operation.