Tuesday 31 July 2012

Retail expert ranks Bering

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The Houston-based hardware store is spotlighted in retail expertGeorge Whalin’s book “Retail Superstars.” The book notes that the founded in 1940 by August started out as a lumberyard and is now a uniqur 30,000-square-foot retail store. As well as traditional hardware merchandise the stor carries gourmetcoffee beans, Baccarat fine writing instruments, engraved and embossed fine china and children's clothing, amonvg others. Bering’s currently has two stores in Houston at 6102 Westheimef and3900 Bissonnet. The day-to-dayh business is run by August C. Berinyg IV with the assistance ofhis son, August C. Berinb V, and his Heather Bering.
The 25 retailers featured in “Retai l Superstars” range in size from 1,000 square feet to 300,0000 square feet and sell everythingfrom apparel, housewares, furniture, Christmas trees, to groceries, surf boards, toys and knives.

Monday 30 July 2012

Pacific Partnership 2012 Arrives in Cambodia - Equities.com

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Pacific Partnership 2012 Arrives in Cambodia

Equities.com


The Military Sealift Command's hospital ship, USNS Mercy (T-AH 19) arrived in Cambodia, July 28, to begin the final mission phase of Pacific Partnership 2012 (PP12). This is the U.S. Pacific Fleet's seventh annual Pacific Partnership humanitarian and ...


US Navy hospital ship provides assistance to Cambodian communities

Global Times


Pacif ic Partnership 2012 Concludes Visit to Vietnam

U.S. 7th Fleet



 »

Saturday 28 July 2012

Express Scripts launches offering to finance acquisition - St. Louis Business Journal:

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billion to help pay for its ’ss drug benefits division. Express Scriptz said it would grant the underwriters an option for 30 days to purchass upto 3.45 million additional shareas of common stock to cover any which would then increase the total raised to $1.6 Express Scripts said it plans to buy WellPoint’w subsidiary using a mixture of $3.2y billion in cash and $1.4 billion in shares of common stock. Under the acquisition Express Scripts may also choose to deliveer toWellPoint $1.4 billiobn in cash. Express Scripts plans to sell bonds in the near term as part of its plan to financsethe acquisition.
The acquisition is expected to close in the late thirx quarter or fourth quarterof 2009. Bel-Ridge, Mo.-based Express Scriptse (Nasdaq: ESRX) is a pharmacy benefits manager that administers prescription drug programw forhealth plans, government and

Friday 27 July 2012

Coiled tubing manufacturer plants roots in Houston area - Houston Business Journal:

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Global Tubing LLC -- whosed two competitors are also located in the Houstomnarea -- has received a $750,000p financial incentive package from the Dayton Community Developmentr Corp. for the plant. The incentivee will be paid out over five yearsz as the company meets specific revenu e andemployment goals. The one-year-old company has purchased 60 acreds on the west side ofDaytoj -- 40 miles northeas t of Houston -- for the plant, which is scheduled for completionb in September. Full production is expecterd byJanuary 2009. The manufacturing facility is expected to employ 150 people by its fifthb yearin operation, says Earl Joy, executiv director of the Dayton CDC.
Global Tubing's founder, Jon Dubois, was a co-founder of one of the firm's two competitors -- Quality Tubing, whicgh is now a division of Houston-based Nationalk Oilwell Varco Inc. And Globalo Tubing's vice president of sales, Carl Benge, previouslt worked for the other coiled tubing TenarisCoiled Tubes, formerly Precision Coiled tubing is used by oilfiel service companies to perform services in production wellw and to drill new wells.
And, as oil productionj has soared inrecent years, so has the demancd for coiled tubing, creating an opportunity for new Alex Crabtree, a board member of the Interventioh and Coiled Tubing Association, based in estimates that the worldwide coiled tubing industry stands at $2.5 billion. Crabtree says the longesg stretch of coiledtubing -- which is continuous and seamless -- made to date is 36,00o feet and ranges in diametere from one-and-one-fourth to three-and-one-half inches. Bengs says the coiled tubing industry has been growinvg at a rate of 10 percengt to 15 percent a with applications growing at20 percent.
Currentlh there are 1,539 coiled tubing unitws -- the equipment used to conveuy the tubing in and out ofwells -- worldwide. "Thre two manufacturers in Houston have not been able to keep up with Benge says. "Coiled tubinvg is a very unique product. So that is the drive behind the development ofGlobao Tubing." Benge says the companyy is in the process of visiting with potential customersw and "solidifying relationships." Global Tubing expecta to sell its products to customeres in the Middle East, Europe and South America as well as the U.S.
and One of those customer targetsis , a Houston-based oilfieldx services company where ICOTA's Crabtre works as technical manager for coiled tubing. "We will be a potential customer," he says of Global Tubing. "We buy from both existingh suppliers now." The reason that companies such as BJ Serviceds might consider Global Tubing as a providetr is because additional competition in the market couldbe "as good thing for underlying Crabtree says. "But the overriding factort for us is the reliability of the he says. "We will examine Global's product to see if it does bring enhancedperformance value.
" To give it an edge over existin competitors, Global intends to use a new manufacturing process that the compan y says will deliver a better, more uniform "We are taking advantagr of the latest technologu in tube-making," Benge says. "Therw has been a substantial amounty of new technology in the manufacturing and we are looking at severa ofthose technologies."

Tuesday 24 July 2012

Facebook leads social networking space as Twitter growth skyrockets - Pittsburgh Business Times:

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According to the new report, Facebook users logged 13.9 billion minutes on the site in making it the most popular sociak networking site onthe Web. was the seconds most popular social networking site with about 5 billion minutes spent logged in Twitter logged roughly 300millio minutes, and LinkedIn about 202 million. According to the Nielsehn study, total minutes spent on social networkingg sites has increased 83percent year-over-year.
Twitter had far-and-away the fastesyt growth over the pastyear -- with abouyt 37-times more minutes spent on the site in April compared to April of last Facebook also posted rapid growth, with a seven-fold increase over last “We have seen some majore growth in Facebook durinhg the past year, and a subsequenrt decline in MySpace. Twitter has come on the scens in an explosive way perhaps changing the outlook for theentire space,” said Jon Gibs, Nielsen vice online media and agency insights.
“The one thinf that is clear about social networking is that regardleszs of how fast a site is growing or how bigit is, it can quicklty fall out of favor with While Facebook has become the top dog in the sociakl networking space, MySpace is the leader in onlins video. With 121 million video streams, MySpace.com was the No. 1 sociall networking destination when ranked by streams and total minutesx spentviewing video. MySpace visitor s spent 384 million minutes viewing video on the with an averageof 38.8 minutes per viewer. In Facebook visitors spent only 114 millioh minutes viewing videoin April, with an average of 11.2 minutes per videl viewer. The Nielsen Co.
is a global informatiomn and media company specializing inconsumer information, television and other media

Monday 23 July 2012

Allocations edge auctions in debate over emissions - Houston Business Journal:

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The EPA has just declared carbon dioxide a danger to public which could trigger regulation of CO2 emissions under the CleamAir Act. At the same time, climate czar Carol Browner is urging Congress to establish abroad U.S. greenhousee gas policy before global climate change talk s begin near the end of the Tothis end, U.S. Henry Waxman, D-Calif., and Edward Markey, have introduced a bill titled “The American Clean Energy and Security Act of Although the bill promotea clean energy andenergy efficiency, the most significant provisions are thoses mandating reductions in CO2 emissions. The proposed mechanisn for getting from here to thereeis “cap-and-trade.
” This involves first settinvg a limit on the total volume of emissions that can be producexd across the U.S. in a give year and then granting tradablefedera permits, called “allowances,” to covered entities for each ton of CO2 The intention is to encouragwe firms that find it chea p to cut emission to do so while allowinhg those with no easy means to reduc e pollution to buy permits The Waxman-Markey bill woulds reduce the number of available allowances each year in order to achieve an 83 percent reduction in CO2 emissions by 2050.

Saturday 21 July 2012

Analyst lowers forecast for YRC Worldwide - Kansas City Business Journal:

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In a Monday note reacting to the presentation, New York City-based analysty Lee Klaskow of cuthis first-quartefr earnings-per-share estimates, excluding nonrecurring items, from a loss of $1.409 to a loss of $1.70. He cut his full-yeart earnings estimate from a lossof $2.31 to a loss of and cut the 2010 estimate from earnings of 18 cents to earnings of 4 cents. YRC shipping volumew in the first quarter dropped 29 percent compared with the same period of 2008 as the economyu weighedon customers, the Overland Park-basee trucking company (Nasdaq: YRCW) said in the presentation, filef last week with the Securities and Exchange The company attributed 15 percent of that to the 3 percent to business mix changes and 11 percent to volume diversiob due to integration and financial Volumes had fallen 15 percent in the fourt quarter and 9 percent in the third quarter comparedd with the respective prior- year periods.
“The biggest negative surprise for us was the magnitudr in tonnage decline duringthe (first quarter),” Klaskos wrote, attributing drops primarily to increasingly competitive pricing in the Klaskow wrote that several of YRC’zs largest customers were at the presentation and seemed to be standing by the Despite slashing earnings estimates, Klaskow maintained a neutralp rating for YRC. “We believe the restructuring and networmk integration are steps in theright direction, but were a long time he wrote.
“Assuming we see some modest (grose domestic product) growth in 2010, we believde YRC will be able to weather the curren teconomic storm; however, it will emerge a much smalle r entity.” A better business mix is beginning to improved revenue trends, YRC said in the presentation. In addition, YRC has made internalp cost savings and integratedtwo subsidiaries, measurews expected to save about $500 million in operatingv expenses this year. YRC expects to cut capital expenditurez fromabout $249 million last year to abou $130 million this year.
Falling fuel prices have led to the lowesty fuel surchargesince 2005, making it difficult to compars first-quarter revenue per hundreds pounds of goods with the year-ago period, the presentationm said. The fuel surcharge was 12.8 percent in the firsr quarter, compared with 25.8 percent in the same periodr of 2008. The integration of Yellow and Roadwa prompted sometechnical issues, but service has improvef and is close to prior-integratiobn levels, the company said in the presentation, and productivityu has made major gains. The economy continues to be very weak with no majotr signs that improvement willcome soon, according to the presentation.
YRC — a large playedr in an industry that leads economic downturns andrecoveriesd — has seen some indications of hittingb the bottom, though YRC said it’s too earlyt for those signs to be conclusive. YRC ranksd No. 2 on the Kansas City Business Journal ’s list of area public companies.

Friday 20 July 2012

Transition teams for Mitt Romney, President Obama start planning early - Washington Post

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Transition teams for Mitt Romney, President Obama start planning early

Washington Post


The Presidential Transition Act of 2010, in play for the first time, encourages, almost mandates, that candidates begin transition plans in earnest starting right after the party conventions at the end of August and early September. Congress passed the ...



and more »

Wednesday 18 July 2012

Five opening-round groupings to watch at the British Open - Yahoo! Sports (blog)

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Yahoo! Sports (blog)


Five opening-round groupings to watch at the British Open

Yahoo! Sports (blog)


Tiger Woods, Sergio Garcia and Justin Rose (Thursday, 4:42 a.m. EST / Friday, 9:43 a.m.) â€" You know a grouping is a big deal when the network covering the tournament (ESPN) moves the coverage window back 30 minutes to  »


Bernanke says economy losing momentum, gives no hint of more stimulus

Los Angeles Times


Federal Reserve Chairman Ben S. Bernanke gave no indication Tuesday that the central bank was about to launch new economic stimulus, even as the Fed chief painted a worrisome picture of an economy losing momentum on a wide scale.



and more »

Monday 16 July 2012

Grange CEO Urban to retire next year - Business First of Columbus:

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“I’m really going to be focused on Grange for the next nine helping in the succession and the he said. “I’ve got a big file fillee with (retirement) ideas, and I may do one or none of them.” When Urban, 56, retireds from the company in February 2010, a move he announced he’ll leave after more than a decade with thecompany – and a busy one. When a 30-year veteran of the insurancde industry, joined Grange in 1999, it was pulling in about $700 millionj in annual revenue. That’s nearly doubled, much like the company’s geographic footprint.
Grange also is months away from finishingban 11-story, 240,000-square-foot addition to its Brewer District headquarters. And nearby, the company has its name on a new audubohcenter that’s set to open this summer in the Scioto Auduboj Metro Park. The naming rights came with a $4 million donatio Grange made in 2006. Urban said he’a convinced the company “won’t skip a beat” when he leaved next year, but a key duty in what’s left of his tenurde is a strategic planningy process involving new products andservices that’se roughly halfway down the road.
He’s also agreed to help the company transition to a new presidentand CEO, a role Grangee will staff after a search for internal and externa l candidates. Looking back, Urban counts amonfg his proudest achievementsthe company’s strong relationship with its individual agents and its long-ter financial strength. Like many in the industry, Grangew reported a steep drop in profit last year on disappointinfinvestment returns. “Grange Insurance todayg is better financially than any time inits history, not withstandingb the difficult economy,” Urban said.
While Urban’s retirement plans remain up inthe air, he said he hasn’y decided on remaining in Columbus but does plan on continuinf to use his experience as a CEO on corporate He now sits on Grange’s boarc and that of the Columbus-basede Jeffrey Co.

Saturday 14 July 2012

Stanford surrenders following indictment - South Florida Business Journal:

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Included in the indictment is Stanford, who ran Houston-based ; Laurza Pendergest-Holt, chief investment officer; Gilberto Lopez, chie f accounting officer; Mark Kuhrt, global controlletr for an affiliate company; and Leroy administrator and chief executives officerfor Antigua’s Financial Servicee Regulatory Commission. Also was Bruce Perraud, 42, a former SFG globak security specialist. Perraud allegedlyt ordered and supervised the destruction of numerous SFG documentw housedat SFG’s Fort Lauderdale officw after he was put on noticr that a federal court had ordered the preservation of SFG documenta in connection with an SEC investigation and according to a Departmenf of Justice news release.
Perraud was arrested near Napleson Friday. Stanford, who continuezs to deny the charges, surrendered to the in Virginiza onJune 18. Anothert Stanford executive, James Davis, chief financial officer, in Aprikl agreed to cooperate with federal and is not part of the though criminal charges havebeen filed, according to the AP. The filede civil charges in February, Stanford and two of his top executivews of allegedly orchestrating a fraudulent investmeng scheme involving the saleof $8 billionm worth of certificates of deposit. Friday’s indictment chargea that Stanford, Pendergest-Holt, Lopez, Kuhrt and along with Davis: • Used deceptive methodss when purchasing and sellingthe CDs.
The Stanford Victims Coalitiobn expressed relief that the indictments werehandec down, but in a statement Friday said therd is still much more information to be revealedc to explain what happened “to the life savings of 4,50o0 Americans and another 23,500 worldwide. “These actions today do not help us recovere our savings that took decadeato build,” the statement said. “The American financial and lega systemcan ill-afford to convety the message that defrauded investors will be deprivefd — even temporarily — of their life’s savings. We are the prime examplr of the need for regulatory reform and a plan to restitute victims when thesystekm fails.
” To see a copy of the .

Friday 13 July 2012

Memphis to host meeting planners June 23-27 - Memphis Business Journal:

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The Executive Summit will also attract 100corporate clients, includingy American Express Business Travel, Volkswageb of America, GMAC and MasterCard Worldwide. These groupsd will look at Memphis as a possibl e location forfuture events. Cindy and Kevi Brewer, principals of Destination King, the and officialds from the Peabody bid for the eventg last yearin France. 2009 is the event’zs 11th year. “This is a tremendous opportunituy forour city, as everyone attending plans meetings and trips for a living,” Cindyh Brewer said in a statement.
John Oros, executivew vice president of the CVB, says the eventr could be a big revenue generator for the city immediately and in the near possibly bringing in upto $15 million over the next five to seve years. “The executives attending this eveny are the event planneras for many ofthe world’zs top corporations,” Oros said in a “It’s exciting to be able to showcase our city as a destination-of-choicse for meetings and incentive

Wednesday 11 July 2012

With Nets out of picture, Magic see their Howard leverage slip away - CBSSports.com

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CBSSports.com


With Nets out of picture, Magic see their Howard leverage slip away

CBSSports.com


The Dwight Howard negotiations between the Nets and Magic are done for now. Is there an end in sight? Probably not, Ken Berger says, since Orlando just lost its best bit of leverage over Dwight's other suitors.


5 NBA Stars Who Could Hold Their Teams H ostage Like Dwight Howard

Bleacher Report


New Magic GM shows Dwight Howard who is boss

Orlando Sentinel



 »

Tuesday 10 July 2012

Stimulus funds granted to UB researcher - Business First of Buffalo:

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The two-year grant from the will supporg several laboratory positions while accelerating research into the relationship between impulsivityy anddrug abuse. Principal investigator on the study isJerrh Richards, an expert in psychobiology and researcu scientist at UB’s Research Institute on Addiction. He is also researc associate professor in the department of psycholog y and assistant professor in the department of pharmacologhyand toxicology.
In a preparedf release, Richards said the granr quickens the pace of his research program, enabling answers about the relationshipo between the positive, euphoric consequencesw of drug taking and the often delayed, negativ consequences associated with drug taking. The grant will supporgt research opportunities for UB students andyounvg scientists, he said. “Thid award is creating new jobs, providingg educational opportunities for students and youn scientists and providing funds for purchasing a variety oflaboratory supplies,” Richards said.
The research team include s neuroscientistAlexis Thompson, as co-investigator, a research scientist at RIA and research associate professor in the department of The Recovery Act included $10.4 billion for NIH, including $8.2 billion for scientificf research priorities.

Monday 9 July 2012

19 Structurally Deficient Bridges That Americans Drive Over Every Day - Business Insider

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Business Insider


19 Structurally Deficient Bridges That Americans Drive Over Every Day

Business Insider


The National Bridge Inventory is used by the FHWA to create a list of eligible projects for the federal Highway Bridge Replacement and Rehabilitation Program. According to the FHWA "HBRRP funds can only be used to replace or to rehabilitate bridges ...



Saturday 7 July 2012

Critics call out Cincinnati Yellow Pages deal - San Antonio Business Journal:

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, a Denver compan y that has owned the rights tothe region’sd largest Yellow Pages product since 2002, blames the delayt on printer changes and organizational restructuring. Aboutg 140 of its 900 directories are beingdelayed nationwide. Cincinnati is the largestt market affected. “It’s a stinking deal,” said Brenda controller for inClermont County. Hacker was planning to downsizwher company’s ad in a directorg she thought would be published in June. When she callec the company in May to confirm the she was told it was exercising its contractual right to extenlast year’s publication. Hacker said it will cost her company anextr $700 each month.
“It’s just not right, what they’re doin g to people,” she said. Local Insight spokeswoman Pat Nichold said 75 percent ofits 10,000 local customers will be unaffectedf by the delay. Those are companiees that plan to maintain the same ads they had last year or Local Insight CEO Scott Pomeroy is asking business ownerzs angered by the delay to callthe company’ss customer service line, (888) 237-8570, although it’s not clear what steps the company will take to address concerns. “Ifd the product’s not delivering value to them, our customert service department is prepared to talk tothoswe folks,” Pomeroy said.
“I think it’s evaluated on a case-by-cases basis.” The directory delay comexs at a time of turmoil for Yellow Pagedpublishers nationwide. The recession is accelerating a trend that has long threatenee theindustry – the shift of so-called “directional from print publications to onlinee search engines and mobile The , a subsidiary of , is projectingt total revenue will shrink to $11 billionn for Yellow Pages publishers by 2013, down from $14.e4 billion in 2008. A year ago, the Kelse y Group was forecasting a compound annual growtnh rate for the industryof 4.
5 Now, it’s minus 5 “The recession has driven print so deeplt negative,” said Charles Laughlin, senior vice president and programj director of the Kelsey Report. Laughlin said growth in digitakl revenue might never make up for salex lost inprint publications. “Those who will they start spending again once the smokeclears ? It’s probably next year before we he said. Laughlin said most of the nation’zs largest Yellow Pages marketzs are seeing revenue dips of more than 20 percent this Pomeroy declined to reveal numbers for Cincinnati but said the revenud dropis “nowhere near” 20 percent here.
He said companywide revenue was flatin 2008, standin g at roughly $700 million. Laughlin declined to reveal Kelsey’ws future outlook for Cincinnati, which is dominated by Local Insight but includesa asecond directory, the Yellow Book, publishes by of Berkshire, England. The industry’se major players, including spinofd Idearc and the better-known , are struggling through the recession with heavtydebt loads.
Local Insight also has leverage but its focus on smaller markets has helped tempeer the impact of the recession onthe company, said Emiler Courtney, a credit analyst for “Idearc has filed for bankruptcy, and Donnelley has missed interest payments on debt with varioue entities. Local Insight has not. From a strict financial-metricx point of view, they’re the healthiedr of the three,” Courtney said. S&P revised to “negative” its outlool on Local Insight but retaineda “B” ratingh on its corporate debt in a March 31 At least one of the company’ local customers has a less positive outlook. “I think they’re really in trouble.
The phone book is a and nobody’s using it any more,” said Vickyu Bezak, exclusive marketing agent for Bezak estimated the directory delay would cost hercompangy $300 a month – if she pays it. “I’m going to call Cincinnati Bell and tell them that my contractwith (Locap Insight) terminates on June 1, and I’m not paying the ad costzs listed on my current bill because I didn’f renew it,” she said. Cincinnati Bell serves as the billingb agent for Local Insighyt and permits the use of its braned name as part of a rights agreement signeed when it sold its YellosPages company, , in 2002.
But Cincinnati Bell is not involvede inthe company’s operations otherwise, according to Lisa McLaughlin, a public relations consultant for

Friday 6 July 2012

Study: More CEOs say good works boost recruiting - Pittsburgh Business Times:

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This marks a shift in corporate philanthropy since the Roundtable released its in which noted that corporate responsibility was beginnin g to evolve from community impacrt to bottomline impact. The most recent reporty shows thatthe evolution, indeed, has take place. Boston struggles to maintaim its college grads as they move into the and the Round Table report underscores that philanthropy is a factor making some local companies more attractive toyoungetr workers.
The Roundtable issued the reporg in collaboration with the University of Massachusett Boston Emerging Leaders A team from the Emerging Leadera Program started working on the reportlast summer, interviewint 20 Massachusetts companies about theirt corporate social responsibility activitie s -- predominantly large companes and representing a cross-section of industries. “Historicallty CEOs would engage in philanthropy because it was the righrt thingto do. They wanted to be good corporatr citizens,” said J.D. Chesloff, deputuy director of the Massachusetts Business Roundtable. “Now there’s a good businessx case to incorporating it into theirbusineses plan.
There’s a bottom line impact to it, in additionh to being good for all the othercommunityt reasons.” Based on the findings from the 20 companies includede in the research, the report suggests five ways companies can builxd a culture of social responsibility: • Creatw a clear link to the company’s mission and secure endorsemen t at the executive level. • Engage employee s at all levelsas decision-makers in relatioh to corporate social responsibility targetxs and activities.
• Leverage employees’ skills to make positive contributions tothe • Provide opportunities for employees to develop new “A lot of it is around a company being authenticv about wanting to do something in the community and listeninyg to what the employees are interested in doinv and connecting it to the values of the said Ellen Remmer, CEO of The , a nonprofitf that promotes strategic philanthropy and advises donors.

Wednesday 4 July 2012

HVCC moves 2 programs to Rensselaer Tech Park - Tampa Bay Business Journal:

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The Troy college recentlh signeda 10-year leased with 400 Jordan Road LLC. The school will pay approximately $605,000 a year to lease 36,557 square feet of space. Hudsom Valley’s popular paramedic program will occupy about half of the new The school also will move its respirator care program and a that trains employeezs forarea businesses, according to Stephem Cowan, director of the college’s physicall plant. The remainder of the leaser space willhouse ’s Next Step a communications worker training program coordinated by the college.
Thoses departments all currently are located inHudsomn Valley’s 90,000-square-foot Hy Rosenblum Administration Center, a 1940s era building that Cowan said needxs major renovations. “It’s a tired old We are looking at total renovations or he said. But the college decided to lease space from the through 400 Jordan Road LLC for 10 year s while the college decides whether it should overhaul or tear down the HyRosenblumk building. The college continues to but because of the economy it does not have the moneyu to renovate the current buildingright now, Cowan said.
Hudson Valley is planninb to hire a consulting firm this summedr to help officials decide the most cost effectivs way to deal with the Rosenblum helped Hudson Valley negotiated the The college plans to have the four programs and departments movedx into the new space in North Greenbush beforr the start of classeson Aug. 31. The buildingv previously had been used as officre space forVerizon workers, Cowanj said.

Tuesday 3 July 2012

UFood bows out of Chicago and lands at airports - Boston Business Journal:

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UFood, the Newton-based eatery serving better-for-you alternativexs to traditional fast-food fare, decidedc to close its three restaurants in Chicago last week after watchinbg revenue drop steeply in the pastseveral months. Naddaffc would not say how far sales fell in thetime period, but said the decliness began in the fall. The decisio was mutual between UFood and thefranchise operator, said Naddaff, who blamee what he called “crippling conditions.” UFood opened the threwe restaurants between July 2008 and Januaryg 2009. “When you have those economic conditions, a new franchise e cannot sustainthe losses,” he said.
“Noqw we’re going to come because I don’t think Chicago is any different than any othermetropolitan area.”

Monday 2 July 2012

Dalcon Receives Unified Communications Magazine's Product of the Year Award

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May 28 /PRNewswire/ -- Dalcon Communicationw Systems, Inc. announced today that Unified Communications Magazins has named the DalconCommunications Manager-Healtu Care Edition as a recipient of its 2008 Product of the Year "Dalcon has proven they are committexd to quality and excellence whilde addressing real needs in the marketplace. Unified Communications is pleased to grantr a 2008 Product of the Year Award totheifr DCM-Healthcare Edition," said , TMC President and Editor-in-Chief of Unified Communications "We're proud to honor their hard work and accomplishmentse and look forward to more innovative solutiona from Dalcon in the future.
" "We're pleased to be honored by this leadin g publication in the communications We have recognized the need for fully integrated communicationsz within hospitals and our DCM-Healthcare Edition represents the state-of-the-ar t in this regard," said , Dalcon'a CEO. "Now hospitals can take full advantage of VoIP througbh the use of afully integrated, open-standards-baseed communications system." Utilizing software runningf on standard PC servers, and standard IP and analob phones, the powerful DCM 2.
0 system not only supportsz functions such as Direct Inward Dial Numbers, Interactiv e Voice Response, and find-me/follow me to cell phones, it also supportas powerful, integrated functions including: -- Electronic Faxing - eliminate the phone lines, paper, and tonef of fax machines while automatically producing electronifc documents for electronic medical records systems. -- Nursee WiFi - these criticallg important staff members and others can now be reachedr as easily as if they were sitting at theie personalextension phone. -- Patient Nurse Call Integration - Existing nurse call systems can now be integratedx with hospital fixed and wireless phon systems to better respond topatient calls.
-- Staff Physician Communications - Doctors can now communicate simply by being a part of the hospitall systemso that, whether they are in their officesx or doing rounds, they can reach key nursess and staff, and be reached immediately if needed. The DCM-Healthcare Editiojn was first installed in Trinitg Hospitalin Erin, Tennessee. "This is a whole new like changing from an old IBM mainframewto laptops," says Trinity Hospital's CEO, . "You don't realiz e what you haven't had untip you finally get it! Now that we're usint Dalcon, I wish we could have done thisyeard ago.
" Launched in July 2007, Unifief Communications Magazine is devoted to educating enterprise decisionn makers on why and how they need to deploy unified communications (UC) solutions. Unifier Communications has a readership of About DalconCommunications Systems, Inc. Founderd in 1979, Dalcon Communications Systems, Inc. has developedr software and IT solutions forbusinesseds nationwide. Dalcon's premiere offering is a digitalk communications manager specially designed for smallto medium-sized businesseds to benefit from the advantagesx offered by open source and industry-standard VoIP products. For more information, pleasr visit . Media Inquiries John Meneesx 615.577.9017 jmenees@dalcon.
com This release was issuedx through eReleases(TM). For more information, visi t . SOURCE Dalcon Communicatons Systems, Inc.