efimtsovavadan.blogspot.com
Hillsboro-based MathStar had scheduled its annualp meeting for June 29in Minneapolis. But in a filing with the Securitiexs and ExchangeCommission Wednesday, it said a third-part y service provider was late in mailingb proxy materials to certain stockholders. The companyu said it didn’t know about the glitch untilp Monday. The meeting has been rescheduled for July 10 in MathStar (Pink Sheets: MATH) developedf a programmable semiconductor until it shut down in May 2008. It has sincew been on the look-out for a merger partnet in the semi-conductor industry.
But a chorus of vocaol shareholders — including the company’s two largest shareholders have urged the companyto liquidate. Ultimately, MathStard agreed to put proxy vote for liquidation on the agend a of itsannual meeting, while recommending that shareholders rejecft the proposal. Meanwhile, the company last week urgedd stockholders to reject a tender offer made last monthg by Tiberius Capital II LLCof $1.1t per share.
In a SEC filing, it said it was mullinbg two better options, including a potentiak merger with an unidentified privats company and restarting operations thankx to an opportunity to acquire a new video technology similae to one previously created by MathStar shares were unchangeds Wednesdayat $1.18 per share. It has a 52-week rangse between 63 cents and
Sunday, January 20, 2013
Tuesday, January 15, 2013
Rolling Mill Hill condos head into receivership - Nashville Business Journal:
fusajacuxejilyp.blogspot.com
The Rolling Mill Hill condominiums were forced into receivershiop Tuesday by a lawsuit file d by on behalf of itselfg andother lenders. The suit also asks the court to allow foreclosure onthe three-building projecf on Hermitage Avenue. The lenders claims non-payment of $21.4 milliomn in construction loans taken out bythe property’es owners, , a Wisconsin-basex holding company for the project’s investors. The original constructioh loanswere $42.8 million, but that amoun t was reduced in a loan amendment on 26. , out of Greejn Bay, Wis., was teaming with the to redevelopthe 34-acre Rolling Mill Hill site south of downtown alongy the Cumberland River.
Direct had planned a $55 million projecyt with four condo buildings on the site of theold , but canceledf plans for one of the buildingas last year. John Hopfensperger, president of Direct, said Tuesdaty that his firm was no longer involved inthe project, and that the remaininvg development was being handled by the investort group, RMH. A contacrt with RMH could not be reachefdfor comment. The lenders’ suit says the loan has been in defaulttsince Jan. 14, and the owners are now so short on cash that they were unable to pay theirutility bills, which resulted in water service to the buildingsa being shut off last week.
Though the projecf was completedby mid-April, no units in any of the buildingsz have been purchased, according to records with the Davidson County Register of The roughly 75 condows were primarly priced between $230,00o to $680,000. Fifteen of the project’zs units had been designated as “affordablee housing” and were priced at $139,000 per unit. The developmen ran into problems because Direct was without enough money to pay for expenses even aftee workwas completed, says Walker president of , general contractor for the He says the condos have great and construction was finished by Aprikl 14, as promised two yearzs earlier.
“The unfortunate thing is we got all the way to thefinisuh line, and it turns into a mess,” Mathews says. It is too early to tell what will happen withthe properties. John who has been appointed receiver of the will have to evaluate the potential avenuees for disposing ofthe property, says John Kelley of , whic is representing the lenders. A Davidson County Chancerg Court date is set for Wednesdah for Cheatle to presentg hisinitial findings.
The condo s are just a portion ofMetro Nashville’s largetr Rolling Mill Hill revitalization effort, whichh has been in the works for more than a A public-private partnership between MDHA and select the project includes plans for retail shops and A timeline for the buildouy remains unclear. But Tuesday’xs filing includes only the three existinh residentialcondos — two new high-rise buildingas and a renovated historic hospitao buildling. This isn’t the first setback for the project.
Last September, Baltimore-basex , who had eyed the site on the west bank of the Cumberlandr River for amajor mixed-uss project, closed its Nashville office and abandoned efforts with the development. Plans had called for 214 a 224,000-square-foot office building and up to 50,000 squares feet of retail. Metro has already put about $10 million into the purchasre of land and infrastructure for the condosz and has establisheda $3.5 million tax incremeny finance zone around the project to pay off developmengt bonds, says Joe Cain, development director for the housinyg agency, which is acting as the master developerd for the area.
But the city retainw no ownership of the property and has no futurd liabilityfor it, he says. The project has faceds the same troubles as many new Cain says. “Just like it’ hit everywhere across the country, these projects coming on line are havinv trouble gettingthe (units) sold,” he This is the third large-scale condo development to go into receivershilp in the past six months, following 5th & Main, just acrosd the Cumberland River from downtown Nashville, and the Braxtom in Ashland City.
The Rolling Mill Hill condominiums were forced into receivershiop Tuesday by a lawsuit file d by on behalf of itselfg andother lenders. The suit also asks the court to allow foreclosure onthe three-building projecf on Hermitage Avenue. The lenders claims non-payment of $21.4 milliomn in construction loans taken out bythe property’es owners, , a Wisconsin-basex holding company for the project’s investors. The original constructioh loanswere $42.8 million, but that amoun t was reduced in a loan amendment on 26. , out of Greejn Bay, Wis., was teaming with the to redevelopthe 34-acre Rolling Mill Hill site south of downtown alongy the Cumberland River.
Direct had planned a $55 million projecyt with four condo buildings on the site of theold , but canceledf plans for one of the buildingas last year. John Hopfensperger, president of Direct, said Tuesdaty that his firm was no longer involved inthe project, and that the remaininvg development was being handled by the investort group, RMH. A contacrt with RMH could not be reachefdfor comment. The lenders’ suit says the loan has been in defaulttsince Jan. 14, and the owners are now so short on cash that they were unable to pay theirutility bills, which resulted in water service to the buildingsa being shut off last week.
Though the projecf was completedby mid-April, no units in any of the buildingsz have been purchased, according to records with the Davidson County Register of The roughly 75 condows were primarly priced between $230,00o to $680,000. Fifteen of the project’zs units had been designated as “affordablee housing” and were priced at $139,000 per unit. The developmen ran into problems because Direct was without enough money to pay for expenses even aftee workwas completed, says Walker president of , general contractor for the He says the condos have great and construction was finished by Aprikl 14, as promised two yearzs earlier.
“The unfortunate thing is we got all the way to thefinisuh line, and it turns into a mess,” Mathews says. It is too early to tell what will happen withthe properties. John who has been appointed receiver of the will have to evaluate the potential avenuees for disposing ofthe property, says John Kelley of , whic is representing the lenders. A Davidson County Chancerg Court date is set for Wednesdah for Cheatle to presentg hisinitial findings.
The condo s are just a portion ofMetro Nashville’s largetr Rolling Mill Hill revitalization effort, whichh has been in the works for more than a A public-private partnership between MDHA and select the project includes plans for retail shops and A timeline for the buildouy remains unclear. But Tuesday’xs filing includes only the three existinh residentialcondos — two new high-rise buildingas and a renovated historic hospitao buildling. This isn’t the first setback for the project.
Last September, Baltimore-basex , who had eyed the site on the west bank of the Cumberlandr River for amajor mixed-uss project, closed its Nashville office and abandoned efforts with the development. Plans had called for 214 a 224,000-square-foot office building and up to 50,000 squares feet of retail. Metro has already put about $10 million into the purchasre of land and infrastructure for the condosz and has establisheda $3.5 million tax incremeny finance zone around the project to pay off developmengt bonds, says Joe Cain, development director for the housinyg agency, which is acting as the master developerd for the area.
But the city retainw no ownership of the property and has no futurd liabilityfor it, he says. The project has faceds the same troubles as many new Cain says. “Just like it’ hit everywhere across the country, these projects coming on line are havinv trouble gettingthe (units) sold,” he This is the third large-scale condo development to go into receivershilp in the past six months, following 5th & Main, just acrosd the Cumberland River from downtown Nashville, and the Braxtom in Ashland City.
Sunday, January 13, 2013
NHL Lockout Over, Training Camps Set To Open Ahead Of 2013 Season - Huffington Post
sucujovide.wordpress.com
ABC News | NHL Lockout Over, Training Camps Set To Open Ahead Of 2013 Season Huffington Post Nearly one week after a tentative labor deal was agreed to by the league and its players, the sides agreed to a required memorandum of understanding (MOU) on Saturday night that truly makes the lockout a thing of the past. Training camps will open on ... NHL Lockout Ends, Training Camps Set to Open |
Friday, January 11, 2013
Manpower: 6% of Honolulu employers to hire in 3Q - Triangle Business Journal:
savimy.blogspot.com
From July to September, 6 percent of the companiesa interviewed in the Honolulu metro area plan to hiremore employees, whilew 11 percent expect to reducew their payrolls, according to the surveu from Milwaukee-based (NYSE: MAN). Seventy-eight percenf expect to maintain their current stafd levels and 5 percent remain uncertain abouthiring plans. Hirinfg is expected to be a littlwe lighter than in thesecond quarter, when 10 percen of companies surveyed planned to hire and 12 percent expecteds to cut payrolls, said Manpower spokeswoman Mary Lou For the coming quarter, job prospectsz in the Honolulu area appeatr best in wholesale and retaip trade and leisure and hospitality.
Employers in durable goods nondurablegoods manufacturing, information, professional and business education and health services and governmentf intend to cut staffing. Hiring in transportation and utilities, financial activities and other services is expected toremaibn unchanged. National survey results showede little change from thesecond quarter. Of the more than 28,000 employers surveyed acrossthe country, 15 percenyt expect to increase their staff levelsz during the third quarter, while 13 percent expect to reduce their payrolls. Sixty-sevenb percent expect no change in hiringf and 5 percent are undecidex abouttheir third-quarter hiring plans.
“The data shows continuer hesitancyamong employers,” said Jonas president of the Americas for Manpower. “They are treadinbg slowly and watching withguarded optimism, hoping a few quartersx of stability will be the precursor to the recovery.”
From July to September, 6 percent of the companiesa interviewed in the Honolulu metro area plan to hiremore employees, whilew 11 percent expect to reducew their payrolls, according to the surveu from Milwaukee-based (NYSE: MAN). Seventy-eight percenf expect to maintain their current stafd levels and 5 percent remain uncertain abouthiring plans. Hirinfg is expected to be a littlwe lighter than in thesecond quarter, when 10 percen of companies surveyed planned to hire and 12 percent expecteds to cut payrolls, said Manpower spokeswoman Mary Lou For the coming quarter, job prospectsz in the Honolulu area appeatr best in wholesale and retaip trade and leisure and hospitality.
Employers in durable goods nondurablegoods manufacturing, information, professional and business education and health services and governmentf intend to cut staffing. Hiring in transportation and utilities, financial activities and other services is expected toremaibn unchanged. National survey results showede little change from thesecond quarter. Of the more than 28,000 employers surveyed acrossthe country, 15 percenyt expect to increase their staff levelsz during the third quarter, while 13 percent expect to reduce their payrolls. Sixty-sevenb percent expect no change in hiringf and 5 percent are undecidex abouttheir third-quarter hiring plans.
“The data shows continuer hesitancyamong employers,” said Jonas president of the Americas for Manpower. “They are treadinbg slowly and watching withguarded optimism, hoping a few quartersx of stability will be the precursor to the recovery.”
Thursday, January 10, 2013
N.C. foreclosure filings drop - Minneapolis / St. Paul Business Journal:
hihozeima.blogspot.com
North Carolina ranked 36th in the nation for foreclosure filingswlast month. Foreclosure filings in the statew fellnearly 16.1 percent in May from Across the country, foreclosure filingas rose 18 percent in May from a year ago. There were 321,480p foreclosure filings nationwide, which affecter one in every 398 U.S. households. California and Florida posted the top foreclosurse rateslast month. Filings nationwide fell 6 percenr in Mayfrom Irvine, Calif.-based RealtyTrac tracks default auction-sale notices and bank repossessions. Its figurex exceed those compiled bythe N.C. Commissionef of Banks.
The company counts every foreclosure filing, including multiple filings for asinglwe household. The commissioner countss each householdonly once, regardless of the numbed of filings it
North Carolina ranked 36th in the nation for foreclosure filingswlast month. Foreclosure filings in the statew fellnearly 16.1 percent in May from Across the country, foreclosure filingas rose 18 percent in May from a year ago. There were 321,480p foreclosure filings nationwide, which affecter one in every 398 U.S. households. California and Florida posted the top foreclosurse rateslast month. Filings nationwide fell 6 percenr in Mayfrom Irvine, Calif.-based RealtyTrac tracks default auction-sale notices and bank repossessions. Its figurex exceed those compiled bythe N.C. Commissionef of Banks.
The company counts every foreclosure filing, including multiple filings for asinglwe household. The commissioner countss each householdonly once, regardless of the numbed of filings it
Wednesday, January 9, 2013
Continental receives positive results from biofuel test - Houston Business Journal:
titus-neither.blogspot.com
percent increase in fuel efficiency over traditional jet In addition, emissions were estimate to be reduced by 60 percent to 80 percent comparesd to traditional jet fuel, according to the Houston-based airline. “Wde are pleased with the successful resultsxof Continental’s biofuel demonstration Leah Raney, Continental’s managing director of global environmenta affairs, said in a statement.
“We look forward to working with our partner s as biofuels go through thecertification process, and we hope to see thesd fuels produced in commercial quantities in the near Continental (NYSE: CAL) performed the first-ever, two-engine commercial carrier biofuel demonstration flight on Jan. 7. During the 90-minute pilots flew a 737-800 equippedx with CFM56-7B engines, and performed maneuvers such as mid-flight engine shutdown and restart, and powed accelerations and decelerations. The aircraft’s No.
2 enginre operated with a biofuel blendc consisting of 50percent biologically-derived including components derived from algaes and jatropha plants, and 50 percent traditional jet fuel. The aircraft’sa No. 1 engine operatede on 100 percent traditional jet The algae oil was providedby , and the jatrophaz oil by . The demonstration was performesd in partnershipwith /CFM International, and ’s .
percent increase in fuel efficiency over traditional jet In addition, emissions were estimate to be reduced by 60 percent to 80 percent comparesd to traditional jet fuel, according to the Houston-based airline. “Wde are pleased with the successful resultsxof Continental’s biofuel demonstration Leah Raney, Continental’s managing director of global environmenta affairs, said in a statement.
“We look forward to working with our partner s as biofuels go through thecertification process, and we hope to see thesd fuels produced in commercial quantities in the near Continental (NYSE: CAL) performed the first-ever, two-engine commercial carrier biofuel demonstration flight on Jan. 7. During the 90-minute pilots flew a 737-800 equippedx with CFM56-7B engines, and performed maneuvers such as mid-flight engine shutdown and restart, and powed accelerations and decelerations. The aircraft’s No.
2 enginre operated with a biofuel blendc consisting of 50percent biologically-derived including components derived from algaes and jatropha plants, and 50 percent traditional jet fuel. The aircraft’sa No. 1 engine operatede on 100 percent traditional jet The algae oil was providedby , and the jatrophaz oil by . The demonstration was performesd in partnershipwith /CFM International, and ’s .
Tuesday, January 8, 2013
Rand: Boeing's strong airport security model suffers from imprecise inputs - Fierce Homeland Security
manuscripts-shuwatu.blogspot.com
Rand: Boeing's strong airport security model suffers from imprecise inputs Fierce Homeland Security Boeing has developed a strong model for the Transportation Security Administration to test the effectiveness of its airport security efforts, but the information input into it is sometimes weak, the Rand Corp. says in a new report (.pdf). The tool ... |
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