Wednesday, 26 October 2011

First Bancorp acquires failed bank - Birmingham Business Journal:

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All branches of Cooperative are reopening today as branchesa ofFirst Bank, which is based in Troy in Montgomery First Bancorp (Nasdaq: FBNC) will acquire Cooperative’s 21 brancheds in the eastern part of the state plus three Soutn Carolina branches and most of the failed bank’s deposits, borrowings and assets. No depositodr will suffer any losses, First Bank said in an As of May 31, Cooperative had total assets of $970 million and total depositx ofabout $774 million. The acquisition adds $835 million in loans to Firsft Bankand $717 million in deposits, plus liabilitieas of about $873 million.
First Bank is protecteed by a loss-sharing agreement with the FDIC on the acquired loans. With the acquisition, Firs t Bank now has 98 branches in the Triad and other partss of North andSouth Carolina, and a totall of $3.6 billion in assets. Cooperative Bank is the secondc North Carolina bank shuttered this The first, Cape Fear was also based in Wilmington and was closed in The collapse of the real estate marketr and the recession has led to 40 bank failurees nationwide this year.

Monday, 24 October 2011

Online job vacancies up in May - Denver Business Journal:

ucenyt.wordpress.com
It’s the first time there’s been an increasw since the modest gainof 21,000 in October and the largesrt since October 2006. However, even with the online advertised vacancies remainedcdown 1,152,000, or 25 percent, since last "The May bounce in laborr demand is a very welcomer sign," said Gad Levanon, senior economisg at the Conference Board. "April and May are both monthsw when businesses typically step up their demand for Over the lastfour months, there have been abougt a half-dozen states where the drop in labor demand shows signs of levelinvg off, while a handful of states are showing some moderatwe increases.
The May increase of 76,8000 in the Southern regionh reflected increases in all of thelargest states. Florida is amongt those states where, over the past four months, drops in labor demand have either leveler off or shown small The Sunshine State saw an increasesof 5,700 advertised jobs. Even with the currenyt positive signs, the likely outlook is for unemployment to continudto rise, and employment to fall at more modest levelz throughout the summer, according to

Saturday, 22 October 2011

UAE leads way in mobile development: Ericsson - Khaleej Times

ikefageze.blogspot.com


UAE leads way in mobile development: Ericsson

Khaleej Times


“Operators in the UAE are always striving to offer their customers the very latest in technologies,” Andreas Krenn, director of Ericsson's mobile broadband market development, told Khaleej Times in an interview. He says that the industry's development ...


ABI Research: 80 Million LTE Connections Worldwide by 2013

MarketWatch (press release)


Has Ericsson plateaued in the US?

ConnectedPlanet



 »

Thursday, 20 October 2011

Fla. confirms first swine flu death - Jacksonville Business Journal:

xszeyluje.blogspot.com
The laboratory confirmation ofthe boy'sz death is the first in the statse for the strain of swine flu, the Floridwa Department of Health said. Florida has 417 confirmed casea ofthe flu. Surgeon General Dr. Ana Viamonte Ros said in a "While most cases of H1N1 swine flu are there are exceptions like thistragic case. the CDC is reporting 45 deaths associated withswine flu, and as the flu progresses that numbee will unfortunately rise." The department has a surveillance system involving physicians to track the flu and also is monitoring emergenct room cases and over-the-counter drug The department's four labs can all test for the flu.
has place d the alert level for the flu at thepandemifc level, meaning it has widespread global circulation. Wash hands frequently and avoid touchingyour eyes, nose and mouth. Avoidx close contact with people who are coughing or otherwiseappearr ill. Stay home from work or schoolo if you have arespiratory illness. Anyon who thinks he or she has influenza shoulsd calltheir doctor. Meghan Lehner, an attorney with in West Palm said in May that employers are prohibitedx by the from exposing employees to hazardous conditiona and may be required to send infected employeeds home or risk sanctions for OSHA OSHA has posted frequently asked questions on pandemic influenza preparedness and response guidance for health care workers and health care employerxsat http://www.
osha.gov/Publications/influenza_pandemic.html

Monday, 17 October 2011

Park is proposed downtown to honor local sisters who wrote 'Happy Birthday' tune - Louisville Courier-Journal

ymekovo.wordpress.com


Park is proposed downtown to honor local sisters who wrote 'Happy Birthday' tune

Louisville Courier-Journal


Plans are being developed for a park along Fourth Street to honor the Louisville-born sisters who long ago wrote the music to perhaps the world's most frequently sung song â€" “Happy Birthday to You.” Developer Bill Weyland, who heads the group that ...



and more »

Saturday, 15 October 2011

CECO Environmental Announces Two New Orders Totaling Approximately $4.7 Million

yfimuna.wordpress.com
Million CINCINNATI, Ohio, June 3 /PRNewswire-FirstCall/ -- CECO Environmental Corp. CECE), a leading provider of air pollution control and industrialventilatiohn systems, announced today that it has received two new orderas totaling approximately $4.7 million. , President and Chiecf Operating Officer, stated, "These orders were secured by two unitx of ourequipment group. They are orders for equipment that will be deliverede to customers in thepower industry." , Chairman and Chiefg Executive Officer, stated, "The larger of the two orders is for equipmen that will be delivered to a customer in Soutj America. We are continuing to build the internationaol component ofour business.
We see great opportunities in the power industryg aroundthe world." CECO Environmental Corp. is North America'es largest independent air pollution control Through itssubsidiaries -- Busch, CECOaire, CECO CECO Abatement Systems, kbd/Technic, Kirk & Blum, H. M. Whit e , Inc., Effox, GMD, Flextor and AVC Specialists -- CECO provides a wide spectrumm of air quality services andproducts including: industrial air filters, environmental monitoring and management services, and air qualityy improvements systems.
CECO is a full-servics provider to the steel, military, automotive, ethanol, aerospace, electric power, semiconductor, chemical, cement, glass, foundry and virtualluy all industrial process For more information onCECO Environmental, please visitg the company's website at . , CECO Environmentalp Corp. Email: This press release may contaij forward-looking statements within the meaning of the Private Securities Litigation Reforjm Actof 1995. All forward-lookiny statements are subject to certain uncertaintiesand assumptions.
These risks and uncertainties, which are more fullyu describedin CECO's Annual and Quarterlyt Reports filed with the Securities and Exchange include changes in market conditions in the industriesx in which the Company Should one or more of thess risks or uncertainties materialize, or shoulsd the assumptions prove incorrect, actual results may vary in materiakl aspects from those currently anticipated. SOURCd CECO Environmental Corp.

Thursday, 13 October 2011

House panel eyes Bernanke

http://tdscompany.it/prodotti.php?idmarca=12
The Associated Press reports. The news comes less than a week beforew Bernanke is set to testify before the Housr Committee on Oversight andGovernmenr Reform. Last week, BofA CEO Kennetbh Lewis testified before the same committee that governmen t officials pressured him to acquire the troubled brokerage late last year in an effory to savethe U.S. The hearing focused on federal officials’ role in BofA’ purchase of Merrill Lynch. Charlotte, N.C.-based BofA BAC) bought Merrill on Jan. 1 for $29.1 billion. The deal resultede in BofA’s receiving an additional $20 billion in federal fundsx under the Troubled Asset Relief BofA has received a totalof $45 billion in TARP funds.
Lewis has been undee intense pressure from BofA shareholders for not disclosing the depthbof Merrill’s financial difficulties before the Merrill lost $15.3 billion in the fourtyh quarter. Lawmakers questioned Lewis on reportas he felt pressured by federal authorities, including Bernanke and then-Treasury Secretary Henr y Paulson, to go aheae with the deal as Merrill’s losses mounted. Lewis testifiedr that BofA contacted officials atthe U.S.
Treasuruy and Federal Reserve in mid-December to inform them that thebank “haxd serious concerns about closing the BofA, he said, was considering declaring a “material adverse change,” which can allow an acquire to back out of a proposed deal. Lewis testifies that Paulson toldhim BofA’s management “would or could” be removedd if the bank backed out of the When lawmakers pressed him on the alleged threats by Lewis said both parties were concerner about making the best decisions for the healthb of the U.S. economy and BofA. He explainesd that a decision that would harm the economy would also harm BofA because of its massive sizeand breadth.
Lewizs testified that he wasn’t intimidated by the threat of losinfg his job but bythe “seriousness of the and the ramifications on the overalll economy had an influence on his “Just six months later, it is easy to forgetr just how close to the brin our system came,” he “I will never forget.”

Tuesday, 11 October 2011

Woodland Corporate Center building gets LEED gold certification - Tampa Bay Business Journal:

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The building, which opened earlty last year, was designed and built to meet the seconsd highest ranking ofthe Council’s Leadershilp in Energy and Environmental Design. was the generall contractor. Liberty Property Trust Vice Presiden t Jody Johnston estimates the cost of building to green standarda added an additional 5 percent to the overall development but that will be more than offset by loweeenergy costs. Special features includew showers and lockers for workers who need to wash or chang clothes after they bike or jog to A deck made of recycled plastic borders the back of the overlooking a wetlands area thatprovideds shade.
Landscaping incorporates drought-resistant plante native to Florida. A whiter reflective roof deflectsthe sun. Bins for recycling are placed near trash bins for Restroom urinals conserve water by relying on gravity and a filtert insteadof water. That featurse is expected to save 360,009 gallons annually since each urinal uses anestimated 40,000 gallonw annually, Johnston said. Grass surroundingf the parking lot soaksup rainwater. And Flexi-pave, a recycler rubber, was used instead of asphalt around the larger oak trees that linethe lots. The porouss rubber allows water to soak intothe ground.
The located at 4631 Woodland receivedthe “Office Building of the Award from the Tampa Bay Chapter of the and the “Greenj Building Design Award” from the Hillsborough City-Count y Planning Commission in Liberty (NYSE: LRY) has developed and leased 19 buildingzs with nearly 1 million squarew feet of space in the park sincre 1996. Key park tenants include , Travelers, Travel and .

Sunday, 9 October 2011

US officials expecting $1.3 trillion deficit in '11 - Boston Globe

tower-tennesseea.blogspot.com


Washington Times


US officials expecting $1.3 trillion deficit in '11

Boston Globe


AP / October 8, 2011 WASHINGTON - A government report released yesterday predicts that the federal budget hit a near-record $1.3 trillion in the just-completed fiscal year. The figure matches last year's deficit t »

Friday, 7 October 2011

Vermont Wetness Continues - BurlingtonFreePress.com (blog)

http://shortridgehouse.com/kansas-travel-back-in-time.html


BurlingtonFreePress.com (blog)


Vermont Wetness Continues

BurlingtonFreePress.com (blog)


It continues to be an amazingly wet year in Vermont, as is obvious to the thousands of people who've suffered flood damage, and the many thousands more who feel like they live in a perpetual mushroom farm. Outdoor diners are caught in a sudden downpour ...



Tuesday, 4 October 2011

Barrios resigning from BCBS Foundation - Boston Business Journal:

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Barrios, a former state senator from Mass., was named president of the Blue Crossx Blue Shield of Massachusetts Foundationin 2007. During his the foundation launched programs including CareBeyoncd Coverage, designed to identify non-insurance relatede barriers to health care access. “Jarret t has been a strongv leader for the foundation in this transition periocd from the enactment of healtj care reform in 2006 to the present wherd we continue to work to find ways to expanx access to health care forthe commonwealth’s low-incomre and vulnerable populations,” said Philip W.
Johnston, chairman of the Blue Crossz Blue Shield of Massachusetts in a prepared written Barrios was the first Latino state senator in Massachusetts. He also was one of the state'w few openly gay lawmakers. Barrios also previouslty served as a member of the Massachusetts Housdeof Representatives.

Sunday, 2 October 2011

Four ownership groups show interest in Coyotes, sale could keep NHL team in Glendale - Atlanta Business Chronicle:

gault-rickettsias.blogspot.com
NHL court filings with the U.S Bankruptcy Court handlingv the Coyotes Chapter 11 bankruptcy protection include a list of possiblre owners that would keep the team in They include: Howard Sokolowski and Davie Cynamon, owners of the Canadian Footbal League's Toronto Argonauts; Chicago White Sox owner Jerry Coyotes minority owner John and an unnamed Phoenix-areq business executive as possible Research in Motion CEO Jim Balsillie already has a $213 milliom offer on the table for the Coyoteds and would move the team to Ontario. The Coyotes have lost $316 million since movinbg to the Phoenix marketfrom Canada, in 1996.
Balsillie's offer is expectefd to be substantially greater than any offer to keep the team in RIM makes Blackberry smartphones and Balsillie is a billionair who has made offers for otherNHL teams. The NHL also got more legalp back up Fridayfrom , the and National Basketball Assocation. The professional sportas leagues argue in court filings that they should have control overfranchises sales, moves and relocation in order to maintain the economivc viability of their operations. The NHL opposes Balsillie's efforf to move the Phoenix franchiswe backto Canada.
Coyotes ownere Jerry Moyes also said in June 5 courtf filings thata $100 miliobn cash infusion he has put into the team should be treateed as a debt the hockety team's reorganization should reimburse him for. Moyes wantws to sell the Coyotes to Balsillide who contends hockey is not financially viableein Glendale. Moyes' court filingsz also downplayeda $750 million lease penalty the city of Glendale could file for if the Coyotes breakj their 30-year lease at Jobing.com Arena. Moyes and Balsillie want the bankruptcyy court to discharge the lease as part ofthe team's Chapter 11.