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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.
Tuesday, 31 July 2012
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 Pacif ic Partnership 2012 Concludes Visit to Vietnam |
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
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."
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."
Wednesday, 25 July 2012
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
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.
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.
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