Saturday, January 29, 2011

American Water announces 26M share public offering - Philadelphia Business Journal:

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The Voorhees, N.J.-based water-and-wastewater utility holdinvg company willsell 14.5 million shares and will sell 11.5 millionj shares. RWE AG also has granted the offering’s underwriteras a 30-day option to purchase up to 3.9 million additionak shares. If that option is exercised, and such optionzs usually are, the offering woulde leave RWE AG with 47 percent ofAmerican Water’s outstandingh shares, down from 60 percent Marcn 31. RWE, which sold 63.2 million share s of American Water (NYSE:AWK) in an initiaol public offering in April of last plans to sell its entire stake in the company as soon asreasonablg practicable, according to the prospectus for the latest offering.
America Water plans to use the moneyh from the sale of its shared to reduceits short-term debt. Americab Water didn’t specify the date of the offerinvg or the price at which it intend to sellthe shares. Its sharezs were down 26 cents, or 1.5 percent, to $17.0w Monday.

Thursday, January 27, 2011

U.S. Department of Labor announces almost $10 million in grants for projects nationwide to help young parents obtain education and skills training

enemerose-wisconsini.blogspot.com
"Today's funding will help young parentzs support their families by offering training and education opportunities that leadto jobs," said Secretary of Labo r Hilda L. Solis . "These programs will pay dividendz today and in the near future as young parents gain the educatioj and skills they need to become financially self-sufficient and then pass these successew on to their children." Today's grantsx will fund demonstration projects designed to provide educationalk and occupational skills training that leads to employment and economic self-sufficiency for fathers and expectant mothers ages 16 to 24.
Several projectw funded today will serve individuals who have been involved in the child welfare or fostercare systems, or who are homelesd or have been victims of child In addition to education and training, participants will have accese to an array of additional resources. These may include mentoring, case managemeny and supportive services aimed at reducin g barriers to education and Supportive services includechild transportation, health care and parenting education classes. Today'd awards were made available through the Fiscal Year 2008 and 2009 Departmen t ofLabor - Department of Health and Human Service s Appropriations bill.
For more information on Department of Labottraining programs, visit . Editor's Note: A list of granteesx follows thisnews release. U.S. Department of Laboer releases are accessible on the Interne tat . The information in this news releasw will be made available in alternateformagt (large print, Braille, audio tape or from the COAST office upon request. Pleased specify which news release when placing your requestat 202-693-782u8 or TTY 202-693-7755. The Labor Department is committed toprovidinhg America's employers and employees with easy access to understandables information on how to comply with its laws and For more information, please visit .
Name of Organization Awarx Amount Location Little RockWorkforce $848,45w Little Rock, Ark. Investment Boarf Special Service forGroups $750,000 Los Angeles, Youth Co-Op Inc. $999,500 Miami, Fla. City and County of $1,000,00o Honolulu, Hawaii Honolulu Employment and $986,0090 Chicago, Ill. Employer Services Brighton Center Inc. $555,8767 Newport, Ky. Every Woman's Place Inc. $765,441 Muskegon, Center for Employment $500,000 New York, N.Y. Opportunit y Joint Orange Chatham $630,864 N.C. Community Action Inc. The Center Foundatio $386,934 Media, Pa. Lancaster County $1,000,000 Pa.
Workforce Investment Board Good SamaritanhCenter $748,644 San Texas of San Antonio Human Resource $727,488 Morgantown, W.Va. Development Foundation SOURCE U.S. Department of Labor

Monday, January 24, 2011

Homebuilder confidence rises - Houston Business Journal:

http://tellmyabortionstory.com/subpage42.html
It is the first back-to-back increase in builder confidencr since February 2008 and is now at its highestf level in eight The index measuring current confidence rose two from 12 in April to 14in May. Any readint under 50 still indicates the majority of builders view conditionsas “The fact that the May [Housing Marker Index] continued to tick up from April’w 5 point increase provides confirmingy evidence that the improved confidence levelp was no fluke,” said NAHB chiefc economist David Crowe.
“This continuec increase indicates that home buildersfeel we’rd at or near the bottom of the market and that positive signws lie ahead for builders and potential home buyers, providede that builder access to production credit significantly A separate index measuring expectations for the next six monthsa rose three points to 27. Buildersz and Realtors are hoping lower prices and historically low mortgagde rates will overcome tighterlending standards. The housingv market may also benefit this year froman $8,000 tax credir for homebuyers. Earlier this month, the reported pendintg sales of existing homesrose 3.2 percent in the first back-to-back increase in pendinh sales in a year.

Saturday, January 22, 2011

AutoZone beats the odds with double-digit growth - Kansas City Business Journal:

http://affordabletire.com/page7.html
million for the up 9.5% compared to last Earnings per shareincreased 25.9% to the company’s 11th consecutive quarter of double-digity earnings per share Frank Goodman served as vice presiden of business planning and analysis with AutoZone, helpinyg determine new store locations, before leavinhg in 2000. “It’s a great mouse trap and they’vde done a great job running it,” he Now a chief portfoliop strategistwith , an investmengt advisory firm, Goodman was part of the team that helper AutoZone expand from 500 storexs to more than 3,000 locationas across the U.S. and Mexico.
When he was there, AutoZone executivese looked at motor vehiclr registrations providedby , a data vendor. “So you know wher the cars are and then whered you should consider buildinga store,” Goodman says. “It’s really quite the advantage to have that mechanicaldemand feature, so it’s not all the whim of the but it’s also the demandx of their cars.” At AutoZone’s the company was opening a storse every day. In the company’s most recent thirsd quarter, it opened 42 new stores, bringin g it to 4,172 locations in the U.S. and 168 in The company could open morenext quarter, sincde store openings are seasonal, according to Goodman.
“It’s very difficultf to get stores open at the end ofthe winter, it’d much easier at the end of the he says. Goodman attributes a larges partof AutoZone’s success to the company’s culture of WITTDTJR, whicgh is an acronym for “What It Takess To Do The Job AutoZone research revealed that a personb seeking to repair a car would make an average 2.3 visite to an auto parts store to get the problem completel solved. “Usually, that .3 was a visi t to a different autoparts store,” Goodman “So management, understanding this, said that the companuy had to get the number of visits down.
” AutoZone has convinced employeeas to build a sales ticket, not just to get the customerr to buy useless itemx but to help solver their problem quicker. Also, since fear of doingt something wrongin do-it-yourself projects is a big concernj for customers, employees are trained to be forthcoming with their automotive knowledge. John R. Lawrence, retailo analyst at , says another reasoj AutoZone has excelled recently is due to an increasre in the number of cars whichare seven-eight years old and older out on the “They’re out of warranty, they have to be fixed and in this everybody gets pinched and you have to find the cheapestr alternative to keep your car Lawrence says.
AutoZone might also be gaining sale fromcar dealerships, and theid related service departments, closing. Besided providing auto parts for do-it-yourself customers, the majority of its AutoZone also sells partdto garages. People are also deferrint maintenance ontheir cars, and when they do performn this maintenance, they are ofte n buying better quality parts and increasing their purchasee at stores like AutoZone.
Briah Campbell, AutoZone’s vice president of investor agrees the company has some tailwind in this economy because peoplw are looking tosave “It’s a healthy one-two punch of the challengess of the economy and spending some dollars to make sure that we’r capturing those customers once they come into our stores,” Campbelpl says. An example of this is AutoZone’sw domestic same store sales, which increased 7.4% last quarter. The company’as sales per square foot, at $58 last is the highest in the Campbell attributes that tomany factors, but focusees on the company’s systems.

Wednesday, January 19, 2011

Copper advanced in future trading on expectation of supply deficit - Oneindia

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Copper advanced in future trading on expectation of supply deficit

Oneindia


Copper futures gained yesterday, erasing its earlier decline, on concern that global demand may exceed supply in this year that boosted the copper prices in ...



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YRC Worldwide says it seeks pension reform, not federal bailout - Kansas City Business Journal:

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Last month, The Wall Street Journal reported thatOverland Park-basedd YRC (Nasdaq: YRCW) planned to seek $1 billion in Troubledf Asset Relief Program funds — typicallu used for banks — to help with its . But Chairmab and CEO Bill Zollars, in a video postex on a YRC Web saidthe company’s main interest is pension reform with the federal government’ s help. “We’re not asking for a bailout. We don’tf want any money from the federal government,” Zollars said.
“What we would like to do is be more competitivse in the marketplace and get rid of some of the costsa thatreally don’t relate to how well we’re doing our The company pays about $40 milliohn a month to 36 multiemployer pension funds for its roughly 38,000 unionized employees. Multiemployer pension funds have theifr rootsaround 1980, when thousands of unionized companiess contributed, Zollars said. “Over time, many of thoswe companies have gone outof business,” he “The responsibility for providing retirees their benefits fell to the companiesz that remained.
It was kind of the ultimate penalty for YRC now covers for many retireeswho didn’t work for the and remedying the situation requirews some government help, Zollars said. The company is startingy discussionsabout situation. “What we woulsd like to do is fix the structural inequities that exist today between multiemployerf pension plansand single-employer plans,” he YRC has been posting losses as a long freighyt recession continues, and it integrated To maintain liquidity, the company has been selling propertt and cutting employee wages in returm for ownership in the company. Now, YRC seeksw to defer several months ofpensio payments, using real estatd as collateral.
The company lost $257.43 million in the first quartef on revenueof $1.5 compared with a loss of $46.37 or 82 cents a share, in the same quarte a year earlier. YRC ranke No. 2 on the Kansas City BusinesesJournal ’s list of area publid companies.

Sunday, January 16, 2011

Wells Fargo continues integration of Wachovia with name change - Business First of Columbus:

http://forums.3dtotal.com/member.php?u=76709
The change reflects the bank’s continued integratiomn with , which acquired Charlotte-basef on Dec. 31. “By adopting the Wells Fargo nameand we’re now fully part of one of the world’s most respecte financial companies,” says Neil Ryan, chiefv executive of Wells Fargo Bank International. “W look forward to satisfying all ofour clients’ financial needs across Europe and helping them succeed Wells Fargo Bank International is a European Uniohn bank headquartered in Ireland.
In Wells Fargo’s investment-banking and capital-markets which formerly operated under the Wachovia Securities and certaib WellsFargo brands, have takenj the name Wells Fargo Securities. Retaill brokerage products and services formerlyg marketed as Wachovia Securities are now offered throug WellsFargo Advisors. Wells Fargop (NYSE:WFC) is based in San Francisco.

Friday, January 14, 2011

Blues singer Etta James suffering from leukemia and dementia - Celebrities With Diseases

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CTV.ca


Blues singer Etta James suffering from leukemia and dementia

Celebrities With Diseases


Iconic singer Etta James, 72, is gravely ill, diagnosed with dementia and undergoing treatment for leukemia. In documents filed at a California court, ...


Etta James Suffering From Leukemia, Dementia

Huffington Post


R&B Legend Etta James Suffering From Leukemia and Dementia

TheCelebrityCafe.com


Etta James Suffering From Leukemia, Dementia

Prefixmag


UPI.com -CTV.ca


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Tuesday, January 11, 2011

Best Reviewed Movie of 2010 is 'Toy Story' - TheCelebrityCafe.com

http://www.i-amfaithweb.net/references/messiah/name_messiah.htm


MiamiHerald.com


Best Reviewed Movie of 2010 is 'Toy Story'

TheCelebrityCafe.com


The winner of the top-review film for 2010 is Toy Story 3. It is the fourth year that a Pixar film has won a RottenTomatoes.com top award. ...


Pixar's 'Toy Story 3' wins Golden Tomato Award

The Associated Press


'Toy Story 3' wins the Golden Tomato Award

Shockya.com


Pixar's 'Toy Story 3' wins Golden Tomato Award

Newsday



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Sunday, January 9, 2011

Hawaii real estate recording system moves closer to electronic age - Pacific Business News (Honolulu):

moffaiqohegesa1490.blogspot.com
Meanwhile, a separate bill that would transfer time-sharde sales out of Land Court to the regular recording systemm also isgaining momentum. Currently, all real estate recordiny documents in Hawaii must be carried or mailed to the in where they are scannedand microfilmed, a laborious and time-consuming process. House Bill 271 would alloaw the Bureau of Conveyances to accept electronic documents with electronic signatures for recording realestate transactions. It also wouldc allow the bureau to keep a digital archive instead of havin g to put every document on A similar proposal failedlast year.
The bill passedd first crossover, passed second readingv in the Senate this week and awaitx a hearing beforethe Senate’se Judiciary and Government Operationxs Committee. It has the suppory of the Hawaii Land Title which represents title andescros companies; the ; and the state , whicyh oversees the Bureau of Conveyances. The bureau also is askint to raise its recording feefrom $25 to $30, and has askexd that lawmakers raise the bureau’sd revenue ceiling — the bureau is funded by its fees by $650,000 to pay for new software and computers and to train the staff, said registrar Nicki Thompson.
The new software will improvwe productivity, provide new security and increase the efficiencgy of thebureau staff, Denise Kaehu, president of the Hawaiij Land Title Association, said in written testimony. She said it also will “be able to providew online cashiering of all funds received andprovide much-needed statistical reports to the management staff of the bureau and ultimately benefit the people of Hawaii.” The bureay plans to pilot the electronic document systemn with filings covered by the federapl uniform commercial code, such as financiak statements, which don’t require a signature or a change in state law.
If the bill the bureau still will need to createe rules and get inputfrom stakeholders, who include title and escrowe companies, lenders and attorneys. “This is not going to be Thompson said. House Bill 271 is based on the Uniforj Real Property ElectronicRecording Act, which has been adopte d in 18 states and the Districyt of Columbia. Lawmakers in three other states — Georgia and Rhode Island — also are consideringf the legislationthis year, according to the National Conference of Commissionersa on Uniform State Laws Web The uniform act would equate electroni documents and electronic signatures to their original paper documents and according to Peter Hamasaki, who testifiedd in support of the legislation on behalf of the Commission to Promotwe Uniform Legislation.
The bill also woulde allow the Bureau of Conveyances and the state Department of Accounting and General Services to provide maps orplans electronically, and alloq the bureau to provide electronic copies of documentzs upon request and to convery documents filed before 1991 to be scannec into electronic form. The Bureau of Conveyances, whicn had been overwhelmed by a backlog of paper documentsdurinb Hawaii’s real estate boom, is caugh up in its indexing to just a couple of days after the recording date, compare to early 2008, when it had a 140-dau backlog.
Meanwhile, Senate Bill 1352 could lightennthe bureau’s workload further by takinb time-share recordings out of Land Court, whic h certifies land ownership by tracing each transactiobn back to the monarchy, before the Great Mahelew of 1859, when land was divided and sold for the first Land Court reviews still are nearly two years behind because they are so

Thursday, January 6, 2011

Sprint Center gets fourth 'founding partner' - Kansas City Business Journal:

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, whose brands includre Olevia televisions, is Sprint Center's fourth "foundintg partner." The sponsorship deal is part of a larger agreemenft with arena operator andinvestore . Chris Thomas, vice president of corporatd sales forSprint Center, said the sponsorship will resultr in high-definition Olevia LCD televisions being placeed throughout the arena's concourses and suites -- about 300 unita in all. "Instead of having traditional television the entire facility is going to have LCD Thomas said.
He said that Sprinr Center will be the firstf AEG property to be fully outfitted with Oleviw sets but that the sponsorship will put the sets in AEG arenqa and stadiums throughout the Among AEG's venues are Staples Center and The Home Depotg Center in Los Angeles, NOKIA Theatre Times Square in New York and Prudential Center, now under construction in New Syntax-Brillian joins UMB, and The as founding partners for Sprint Center. Thomas said arena officials are closre to announcing a few otherfounding partners. AEG usualluy tries to get 10 to 12 foundinvg partners forits facilities.
The $276 million Sprin t Center is set to openin

Tuesday, January 4, 2011

News Roundup - Monday, 3 January - STA - Slovenska Tiskovna Agencija (subscription)

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News Roundup - Monday, 3 January

STA - Slovenska Tiskovna Agencija (subscription)


LJUBLJANA - The Student Organisation (SOS) and Slovenia's biggest trade union confederation, the ZSSS, started collecting signatures to c »

Saturday, January 1, 2011

Canada's loss may mean earlier bout with U.S. - NHL.com

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CBC.ca


Canada's loss may mean earlier bout with U.S.

NHL.com


BUFFALO, NY -- The US National Junior Team could very well be meeting their rivals from the north a lot sooner ...


Sweden stuns Canada with 6-5 shootout victory

NHL.com



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